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....
The compliant Preliminary Economic Assessment (PEA) on their Pastos Grandes lithium brine project in Argentina is encouraging, although they are using a fancy average lithium carbonate equivalent (LCE) price assumption of US$13,500 per tonne ($/t). For a 25,000 tonnes per annum of LCE over 25 years, with a 3 year ramp up period, the up-front cost is $410m. Using $13,500/t for LCE, they estimate an after-tax Internal Rate of Return (IRR) of 23.4% and an after-tax Net Present Value (NPV) of $607...
Precious metals were slightly firmer in New York on Friday as the US dollar and Wall Street weakened on tax reform uncertainty and these modest gains have held in Asian trading. It is not clear how gold will react if the German collation collapses, but Bob is ready to serve in a new capacity, if Zimbabwe doesn’t work out.
Two Directors at Bacanora Minerals Ltd bought 757,142 shares at 70p. The significance rating of the trade was 96/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...
A weaker US dollar, uncertainty over US Federal Reserve membership, continuing fears over North Korea, fears over the costs of the hurricane season and a recommendation from a leading Emerging Market fund manager to switch out of Bitcoin into gold conspired to allow gold prices to breakout yesterday. Furthermore, precious metals have held the gains overnight.
Q2 results to end June are pretty academic as the development of their underground gold mine at Omagh in Northern Ireland continues. What is more significant is the fact that the sterling gold price has climbed back to £1,000 per ounce. With the dollar gold price supported by global tension and sterling weak owing to Brexit fears, the sterling price looks well supported at these levels. Once in production, revenues from the mine should be robust. *Whitman Howard is Broker (AIM) and Financial ...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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