Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Manganese (Mn) is an essential metal with numerous applications across various industries, particularly in the production of steel and stainless steel, and its growing use in electric vehicle (EV) battery technology. Nearly 90% of manganese produced globally is used in the steel industry. Manganese alloys impart properties like hardness and strength in products ranging from automotive steel sheets to construction materials. Manganese also finds chemical applications in fertilizers, batteries, a...
On June 26, 2023, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Senior Unsecured Debt rating of Vale S.A. (Vale) at BBB (low). DBRS Morningstar also confirmed the Senior Unsecured Debt rating of Vale Overseas Limited and All Series of Debentures & Notes for Vale Canada Limited at BBB (low). All trends are Stable.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
In response to the economic disruption triggered by the global pandemic, many governments have incorporated a pivot to the green economy in their economic stimulus and tax relief response plans. As part of the economic recovery, DBRS Morningstar notes that global mining companies have increasingly embraced Canada as a preferred jurisdiction for investing in new technologies necessary to achieve net-zero greenhouse gas (GHG) emission targets. The main focus for most mining companies has been inv...
What you need to know: • The precious metals and mining market significantly outperformed broader indices in the month of March with the GDX rising 15% versus the TSX being down slightly • Gold rallied heavily following the collapse of several major banks and the U.S. Fed guiding for a pause on rates in the near term • This month only strengthens our confidence that 2023 will be a standout year for both precious metals and base metals and encourage investors to position themselves accordingly ...
DBRS Morningstar's 2023 outlook for the credit profiles of the mining issuers in its rating universe remains neutral. Although benchmark iron ore, copper, aluminum, and metallurgical coal prices (based on Bloomberg consensus price forecasts as of January 4, 2023) are all expected to decline compared with 2022, prices are still expected to remain above historic norms. As a result, issuers' forecast operating cash flow and EBITDA are expected to be strong, which, combined with low debt levels, sho...
The independent financial analyst theScreener just revised the risk rating of VALE ON ADR 1:1 (BR), active in the Steel industry. As regards its fundamental valuation, the title loses a star(s) and now shows 2 out of 4 stars. Its market behaviour, however, has improved and can be qualified as moderately risky. theScreener believes that the improved risk assessment offsets the loss of a star and merits an overall rating upgrade to Neutral. As of the analysis date December 31, 2021, the closing pr...
Voisey’s Bay Mine awarded Miner of the Year St. John’s, Newfoundland & Labrador, Nov. 25, 2021 (GLOBE NEWSWIRE) -- The Canadian Institution of Mining, Metallurgy and Petroleum (CIM) Newfoundland & Labrador (NL) branch has awarded Vale the designation of “Miner of the Year”. The award was announced at the annual Mineral Resources Review today. Vale’s Voisey’s Bay Mine has been working on the simultaneous development of two underground mines, while continuing operations of mining from the Ovoid. The mine expansion in Voisey’s Bay will extend the life of mine until at least 2035 and provid...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
ALL EMPLOYEES AT VALE’S TOTTEN MINE SAFELY BACK ABOVE GROUND Sudbury, Ontario, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Vale informs that all 39 employees underground at its Totten Mine in Sudbury, Ontario, Canada have now safely returned to surface. “I’d like to congratulate our rescue team,” Vale Chief Executive Officer Eduardo Bartolomeo said from Sudbury, where he met with employees and rescue personnel. “Bringing our 39 employees home safe and healthy was our top priority and we’re glad that our emergency plans and procedures worked to deliver that outcome. All the employees a...
EMPLOYEES CONTINUE TO EXIT VALE’S TOTTEN MINE Sudbury, Ontario, Sept. 28, 2021 (GLOBE NEWSWIRE) -- For Immediate Release SUDBURY, September 28, 2021 – Vale informs that the return of employees to surface at the Company’s Totten Mine in Sudbury, Ontario continues this morning following the successful ascent of several individuals overnight. On Sunday, 39 employees were unable to exit the mine due to damage in the shaft that houses the conveyance used to transport employees between surface and underground. While conditions in the shaft were evaluated, employees reported to unde...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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