STOCKS TELEGRAPH

Tag: PLL

  • 20 Trending Stocks In Metals Mining Industry To Invest In

    20 Trending Stocks In Metals Mining Industry To Invest In

    The mining industry has experienced many challenges in the past few years. The mining industry is recovering from the uncertain period of the year. As we are now in the era of the fourth industrial revolution, digitization is providing technological advancements for the mining sector. This industry reach is so wide that many that the utilization rate of metal is the main factor that determines the health of the global economy.

    There are few trends in the mining sector that the mining companies can adopt to gain a competitive edge. These trends include dynamically managing risk, the path to decarbonization, modernizing core technologies, and various opportunities in the period of uncertainty.

    Here are the top 20 companies in the mining sector which are following new trends to compete in the fast-growing market:

    Westwater Resources Inc. (NASDAQ: WWR)

    Westwater Resources Inc. (NASDAQ: WWR) shares were trading up 49.32% at $4.42 at the time of writing on Friday. Westwater Resources Inc. (NASDAQ: WWR) share price went from a low point around $0.25 to briefly over $9.25 in the past 52 weeks, though shares have since pulled back to $4.42.

    Westwater Resoruces Inc. applauds the President’s Executive Order signed on September 30, 2020, that addresses the threat to the U.S. domestic supply chain from reliance on critical minerals from foreign adversaries. WWR market cap has remained high, hitting $24.49M at the time of writing.

    Vale S.A. (VALE)

    Vale S.A. (VALE) stock drop by -0.19% to $10.39. The most recent rating by Exane BNP Paribas, on June 05, 2020, is at an Outperform. Vale S.A. (VALE) has announced earlier it will end production of manganese ferroalloys in the city of Simões Filho, in Bahia state, the company said in a filing on Monday. The company projects to execute the shutdown by the end of the year. This company market capitalization has remained high, $55.11 billion at the time of writing.

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares headed falling, lower as much as 0.00%. The most recent rating by H.C. Wainwright, on October 19, 2017, is at a Buy. Northern Dynasty Minerals Ltd. (NAK) has earlier issued a Technical Report on Alaska’s Pebble Project, including a revised mineral resource estimate disclosed in August that establishes Pebble as the single most significant source of Rhenium in the world.

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) rose 1.42% after gaining more than $0.2 on Friday. Teck Resources Limited (TECK) has earlier disclosed that it has named Alejandro Vásquez as the Vice President, South America. Mr. Vásquez is responsible for Teck’s operating assets in South America and Teck’s corporate office in Santiago. Justine Fisher has been named Vice President and Treasurer, following the retirement of Scott Wilson.  Amber Johnston-Billings has been named Vice President, Communities, Government Affairs, and HSEC Systems effective October 12, following the retirement of Mark Edwards.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) stock soar by 1.12% to $60.49. The most recent rating by Credit Suisse, on September 30, 2020, is at a Neutral. Rio Tinto Group (RIO) disclosed that it was ready to talk to stakeholders over allegations of human rights breaches at a giant copper mine in Bougainville that it formerly owned after community members filed a complaint with the Australian government.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) Shares headed rising, higher as much as 0.23%. The most recent rating by Credit Suisse, on September 30, 2020, is at an Outperform. BHP Group (BHP) revealed earlier that the destruction of a 43,000-year old Aboriginal rock shelter in Australia by fellow miner Rio Tinto had impacted the trust between Indigenous landowners and the resource industry. This company has a total market capitalization of $121.45 billion at the time of writing.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) last closed at $0.87, in a 52-week range of $0.23 to $1.07. Great Panther Mining Limited (GPL) has disclosed the publication of its first Sustainability Report highlighting the progress, initiatives, and commitments in the areas of health, safety, environmental, social, and governance management.

    SilverCrest Metals Inc. (AMEX: SILV)

    SilverCrest Metals Inc. (AMEX: SILV) stock drop by -3.00% to $8.40. The most recent rating by B. Riley FBR, on March 03, 2020, is at a Buy. SilverCrest Metals Inc. (SILV) is pleased to announce the appointment of Tara Hassan as Vice President, Corporate Development. Ms. Hassan is a mining engineer with over 15 years of industry experience, including mine operations, mining technology, project development, and capital markets.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (TGB) last closed at $1.02, in a 52-week range of $0.20 to $1.34. Taseko Mines Limited (TGB) is pleased to disclose that its Gibraltar Mine has been awarded the prestigious Jake McDonald Annual Award for Metal Mine Reclamation from the British Columbia Technical and Research Committee on Reclamation. It has moved up 436.35% from its 52-weeks low and moved down -19.95% from its 52-weeks low. This company has a total market capitalization of $253.20 million at the time of writing.

    Americas Gold and Silver Corporation (AMEX: USAS)

    Americas Gold and Silver Corporation (AMEX: USAS) fall -1.53% after losing more than -$0.04 on Friday. Americas Gold and Silver Corporation (USAS) growing North American precious metals producer, provides an update to its Mineral Reserve and Resource statement as of June 30, 2020. This company has a total market capitalization of $298.67 million at the time of writing.

    China Natural Resources Inc. (NASDAQ: CHNR)

    China Natural Resources Inc. (NASDAQ: CHNR) fall 0.00% after losing more than $0.0 on Friday. China Natural Resources Inc. (CHNR) has released unaudited interim financial information for the six months ended June 30, 2020. This company market capitalization has remained high, hitting $39.41 million at the time of writing. If we look at the liquidity of this company, it has a current ratio of 0.10.

    Auryn Resources Inc. (AUG)

    Auryn Resources Inc. (AUG) last closed at $2.12, in a 52-week range of $0.71 to $2.66. Analysts have a consensus price target of $3.40. Auryn Resources Inc. (AUG) and Eastmain Resources Inc. (TSX: ER)  has earlier announced that proxy voting has concluded with support from shareholders of both companies in excess of 99% for the previously announced transactions pursuant to which Auryn spins out its Peruvian assets and immediately acquires Eastmain.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (LAC) last closed at $14.70, in a 52-week range of $1.92 to $12.93. Lithium Americas Corp. (LAC) share price went from a low point around $1.92 to briefly over $15.30 in the past 52 weeks, though shares have since pulled back to $16.28. It has moved up 747.86% and 6.40% from its 52-weeks low and high, respectively. LAC market cap has remained high, hitting $1.33 billion at the time of writing.

    Piedmont Lithium Limited (NASDAQ: PLL)

    Piedmont Lithium Limited (PLL) last closed at $26.11, in a 52-week range of $4.00 to $54.50. Analysts have a consensus price target of $30.50. Piedmont Lithium Limited (PLL) stock has moved up 685.25% from its 52-weeks high and moved down -42.37% from its 52-weeks low. Its market capitalization has remained high, hitting $301.65 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) rose 0.64% after gaining more than $0.27 on Friday. BHP Group share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $42.86. It has moved up 81.30% from its 52-weeks low and moved down -11.94% from its 52-weeks high. BBL market cap has remained high, hitting $121.45  billion at the time of writing.

    PolyMet Mining Corp. (AMEX: PLM)

    PolyMet Mining Corp. (AMEX: PLM) Shares headed rising, higher as much as 1.30%. The most recent rating by H.C. Wainwright, on September 08, 2014, is at a Buy. PolyMet Mining Corp. shares have fluctuated $1.50 from its 52-weeks low range and $9.70 from its 52-weeks high range. It has moved up 169.67% from its 52-weeks low and moved down -58.30% from its 52-weeks low. This company has a total market capitalization of $386.31 million at the time of writing.

    Vedanta Limited (NYSE: VEDL)

    Vedanta Limited (NYSE: VEDL) stock drop by -0.95% to $7.33. The most recent rating by JP Morgan, on May 05, 2020, is at a Neutral. Vedanta Limited (VEDL) share price went from a low point around $3.24 to briefly over $9.41 in the past 52 weeks, though shares have since pulled back to $7.43. It has moved up129.32% from its 52-weeks low and moved down -21.04% from its 52-weeks high. VEDL market cap has remained high, hitting $6.81 billion at the time of writing.

    United States Antimony Corporation (AMEX: UAMY)

    United States Antimony Corporation (AMEX: UAMY) shares headed falling, lower as much as -2.59%. United States Antimony Corporation (UAMY) shares have fluctuated $0.22 from its 52-weeks low range and $0.59 from its 52-weeks high range. It has moved up 33.30% from its 52-weeks low and moved down -50.41% from its 52-weeks low. This company has a total market capitalization of $20.30 million at the time of writing.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) stock drop by -1.54% to $0.64. The most recent rating by Stifel, on September 16, 2019, is at a Hold. Ferroglobe PLC (GSM) market cap has remained high, hitting $110.00 Million at the time of writing.

    Western Copper and Gold Corporation (AMEX: WRN)

    Western Copper and Gold Corporation (AMEX: WRN) shares headed falling, lower as much as -6.78%. The most recent rating by ROTH Capital, on October 26, 2017, is at a Buy. Western Copper and Gold Corporation (AMEX: WRN) market cap has remained high, hitting $126.70 Million at the time of writing.

     

     

  • Stocks to Watch as China Industrial Data Uplifts Markets

    Stocks to Watch as China Industrial Data Uplifts Markets

    It’s a good start to the week for stock markets all across the world. In Europe, the German industrial indices are on the rise, uplifting the rest of the market with them, with the DAX currently up by over 2%. It’s the same scenario in the U.K and France where the FTSE 100 and the CAC 40 are up by 1.5% and 2% respectively.  U.S equities are headed for an equally good day if their pre-market price action is anything to go by.

    At the time of writing, the S&P 500 was up 1.35%, the Dow by 1.34%, and the NASDAQ by 1.68%. The excitement in the market is driven by positive data from China. Chinese data shows that industrial profits remain strong and that they have been on a growth path for four months in a row.

    According to the country’s statistical bureau, industrial profits increased by19.1% in August to 612.81 million yuan, compared to a similar month in 2019. This has created excitement across global markets that the COVID-19 slump in economic activity is not as bad as had been feared. As market optimism rises, stocks that have exciting news are rallying more than the rest of the market. Some of the top performers ahead of markets are as below:

    Piedmont Lithium Limited [NASDAQ: PLL]

    Piedmont Lithium Ltd is a top performer pre-market and is up by over 200%. This follows the company’s announcement that it had signed a lithium ore supply agreement with Tesla. Under the initial 5 year deal, the company will supply a third of the planned 160k tons of spodumene concrete annually from its site in North Carolina. The deal also has a clause for an extension for another 5 years. In a statement, the company stated that the deal was the first step in its supply of lithium in the U.S market. Deliveries are expected to begin in between July 2022 and July 2023.

    Urban One [NASDAQ: UONE]

    While its gains are not that huge, it is still one of the biggest gainers pre-market. This follows news about a pending patent for circle technology. If it continues its current momentum, it stands to be one of the big gainers at the start of the week.

    Oxbridge Re Holdings Limited [NASDAQ: OXBR]

    This is one of the biggest performers pre-market and is up by over 90%. There is no major news about the company, which makes it a momentum-driven move. If markets keep gaining in the day, it could gain big too.

  • 12 Trending Stocks In Mining Industry To Watch

    12 Trending Stocks In Mining Industry To Watch

    One thing which is constant is change. The mining industry is considered to be among those industries that are implementing the new changes with the evolution of new technology. The use of technology has been developing in the mining industry since its establishment. We are in the era of the fourth industrial revolution. Digitization is considered to be a leading provider of technological evolution in the mining industry.

    This industry reach is so wide that the utilization rate of metal is the main factor that determines the health of the global economy. Digitization may have come a little later to the mining sector as compared to other sectors but this industry easily adopts it and implement it. The use of drones, AI, and 3D modeling is increasing in this sector.

    3D modeling techniques are helpful in the mining industry in the making of schematic before the construction of new mines. Similarly, AI also plays a very important role in this industry. This technology aids mining companies to organize, understand, and make decisions by analyzing the data they collect.

    Lets’ have a quick look to see the top 12 mining companies are using these technologies or not:

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares were trading up 19.23% at $1.14 at the time of writing on Thursday. Northern Dynasty Minerals Ltd. (AMEX: NAK) share price went from a low point around $0.35 to briefly over $2.49 in the past 52 weeks, though shares have since pulled back to $1.14.

    Northern Dynasty Minerals Ltd. has confirmed that financial market participants can get an update on the company and its 100%-owned Pebble copper-gold-molybdenum-silver-rhenium project in southwest Alaska via two online presentations from its senior leaders this week. NAK market cap has remained high, hitting $583.20M.

    Vale S.A. (NYSE: VALE)

    Vale S.A. (NYSE: VALE) last closed at $11.88, in a 52-week range of $6.49 to $13.67. Analysts have a consensus price target of $15.08. Vale S.A. (VALE) revealed on Monday that it has decided to end production of manganese ferroalloys in the city of Simões Filho, in Bahia state. The company is anticipating closing the production by the end of the year.  The company is also focusing on the buyout program for its employees. If we look at its liquidity, it has a current ratio of 1.80. This company’s market capitalization is $59.17 billion.

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) stock soar by 3.62% to $14.89. The most recent rating by National Bank Financial, on July 21, 2020, is at a Sector perform. Teck Resources Limited revealed earlier that their Chilean affiliates, Compañía Minera Teck Carmen de Andacollo S.A.  have signed a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo Operation in Chile.  CdA will source 72 Megawatts (MW) (550 GWh/year) from AES Gener’s growing renewable portfolio of wind, solar and hydroelectric energy.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) shares headed falling, lower as much as -0.70%. The most recent rating by Goldman, on September 15, 2020, is at a Buy. BHP Group (BHP) is trying to disturb cultural sites even after concerns raised. BHP executives David Bunting, the company’s Australian Heritage Manager, and Libby Ferrari, Head of Indigenous Engagement, confirmed the application of BHP to disturb 40 sacred sites of the Banjima indigenous group as part of its $2.9 billion South Flank mine expansion in the Pilbara.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) last closed at $64.72, in a 52-week range of $35.35 to $66.55. Analysts have a consensus price target of $58.45. Previously, Rio Tinto Group (RIO) disclosed an update in respect of its beneficial ownership of common shares of Entrée Resources Ltd. held by its wholly-owned subsidiary Rio Tinto International Holdings Limited.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) Shares headed rising, higher as much as 0.98%. The most recent rating by ROTH Capital, on August 10, 2017, is at a Buy. Great Panther Mining Limited (GPL) has shared the publication of its first Sustainability Report showing the progress, initiatives, and commitments in the areas of health, safety, environmental, social, and governance management.

    America’s Gold and Silver Corporation (AMEX: USAS)

    America’s Gold and Silver Corporation (AMEX: USAS) stock drop by -1.92% to $3.07. America’s Gold and Silver Corporation (USAS) has announced a significant increase to Galena Complex Resource. America’s Gold and Silver Corporation market capitalization have remained high, hitting $356.78 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) fall -1.10% after losing more than -$0.51 on Thursday. BHP Group (NYSE: BBL) share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $45.89. BHP Group market cap has remained high, hitting $130.14 billion at the time of writing. Focusing on its profitability, its return on assets, equity, and investment is 8.00%, 16.50%, and 14.70%.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (NYSE: LAC) stock soar by 5.08% to $9.52. The most recent rating by ROTH Capital, on May 03, 2018, is at a Buy. In the past 52-weeks of trading, Lithium Americas Corp. (LAC) stock has fluctuated between the low range of $1.92 and a high range of $9.71. It has moved up 395.83% from its 52-weeks low and moved down 9.71% from its 52-weeks high. This company’s market capitalization has remained high, hitting $862.92 million at the time of writing.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) rose 6.45% after gaining more than $0.04 on Thursday. Ferroglobe PLC (GSM) share price went from a low point around $0.35 to briefly over $1.38 in the past 52 weeks, though shares have since pulled back to $0.70. Ferroglobe PLC’s market cap has remained high, hitting $121.24 million at the time of writing.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (AMEX: TGB) last closed at $1.20, in a 52-week range of $0.20 to $1.19. Taseko Mines Limited (TGB) has moved up 500.00% and 0.84% from its 52-weeks low and 52-weeks high, respectively. This company’s market capitalization has remained high, hitting $299.77 million at the time of writing.

    Piedmont Lithium Limited (NASDAQ: PLL)

    Piedmont Lithium Limited (NASDAQ: PLL) Shares headed rising, higher as much as 32.53%. Piedmont Lithium Limited (PLL) share price went from a low point around $4.00 to briefly over $10.31 in the past 52 weeks, though shares have since pulled back to $11.00. Piedmont Lithium Limited market cap has remained high, hitting $127.08 million at the time of writing.