BHP, Rio Tinto (commodities): Highly exposed to the prices of miBHP, Rio Tinto (commodities): Highly exposed to the prices of minerals and metals (iron, copper, coal). Their performance is closely tied to global demand, particularly in China.
Rewards
Trading at 25.3% below estimate of its fair value
Earnings grew by 25.5% over the past year
Trading at good value compared to peers and industry
Analysts in good agreement that stock price will rise by 20.6%
Risk Analysis
Earnings are forecast to decline by an average of 0.06% per year for the next 3 years
Dividend of 6.75% is not well covered by free cash flows
Mineral
BMIX Short Term Target $.10 cents Long Term Target $.50 - $27BMIX had a nice W double bottom pattern play out an exact measured move to about 10 cents. Now correcting and priming for the next run. I can 50 cents come fairly quickly, in this parabolic trend, and then after 50 cents the crazy thing is there really isn't any resistance levels up to $27 dollars. Don't sleep on this one while its under a penny, it could really surprise you. This is not trading or financial advice this is just my opinion. Thank you.
INVALIDATION:
If BMIX fails to hold .009 then a drop to .004 is possible at next support level before the upside break.
LRDJF St. James Gold Corp. oversold St. James Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for gold.
Price Target 1: $2.05
Price Target 2: $2.90
Stop loss: $1.05
Looking forward to read your opinion about it.
B2GOLD CORP upside potentialB2Gold Corp. is an exploration company. The firm engages in the acquisition and development of mineral properties.
B2GOLD REPORTS QUARTERLY GOLD PRODUCTION OF 241,593 OZ AND RECORD QUARTERLY REVENUE OF $442 M FOR Q2 2020; ON TRACK TO MEET ANNUAL PRODUCTION GUIDANCE OF 1,000,000 TO 1,055,000 OZ
On 7/20/2020 Scotiabank Boosted Price Target to Outperform from $8.50 to $9.00
It`s in the overbought RSI area, we can expect a small bounce before another leg up.
B2Gold pays an annual dividend of $0.08 per share, with a dividend yield of 1.16%.
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keeping a watch for another opp in future - strong supportEUZ fell straight to support area this morning after failure to release economics but mcap is still quite low and further momentum could come here.
Book looks good at moment and seems to be reversing but will wait till it settles a bit.
Zinc will be a good mineral for years to come so nothing is lost in a good resource company.
THM - Risky Move - Trend Is Strong. Still Gains To Be HadInternational Tower Hill Mines Ltd.is a mineral exploration company. The Company is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. It operates through the exploration and development of mineral properties segment. The Company owns the Livengood Gold Project in Alaska, the United States. The Livengood Gold Project is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina Gold Belt. The Livengood Gold Project has a mineral resource of approximately 730 million measured tons at an average grade of over 0.61 gram/ton (g/ton), approximately 70 million indicated tons at an average grade of approximately 0.56 g/ton and over 260 million inferred tons at an average grade of approximately 0.52 g/ton.
SHORT INTEREST
653.75K 07/15/19
P/E Current
-26.79
P/E Ratio (with extraordinary items)
-28.91
KMTUY; long heavy machinery anyone who as been to the US always says the same thing; "Wow, there's just so much space here!"
Well china and russia the same way... huge countries with some mineral wealth that a) need it extracted and b) need to take the profits from exporting this mineral wealth and turn it into paved roads, water purification centers, hospitals, etc... the developed world!
A few companies do this $CAT $DE and $KMTUY
I have been long CAT for a long time, but recently have been eyeing KMTUY as it was falling... I think it could be oversold here and could move up with a tp1 of ~31.5 the KS
if we close below purple... probably time to close.
Manage your risk
GL HF
Xoxo
Snoop
XAGUSD (SILVER - USD) returned to previous uptrend, might go up.Ok I think XAGUSD is going even more up than it already have gone so far.
First of all, that inverted head and shoulders which later confirmed a bullish scenario strong enough to return and break into the previous uptrend, so if does a re-test in which I'm expecting to see a morning star then I'd say is a BUY.
Any comments?
Romarco mines breakout patternBased on previous noticed pattern, I have predicted that Romarco stocks will continue a consolidation pattern for a few weeks, then breakout in a bullish pattern. Buy at (currently) ~$0.82, sell at ~$1.10