[新聞] 3 Non Ferrous Metal Mining Stocks to Watch in a Prospering Industry

看板Stock (股票)作者 (機翻如下)時間2年前 (2021/04/20 05:20), 編輯推噓1(102)
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原文標題: 3 Non Ferrous Metal Mining Stocks to Watch in a Prospering Industry 蓬勃發展的行業中值得關注的3個有色金屬礦業股 原文連結: https://reurl.cc/v5jE0e 發布時間: Mon, April 19, 2021, 8:59 PM 原文內容: After bearing the brunt of weak demand last year primarily due to the COVID-19 pandemic, the Zacks Mining - Non Ferrous industry has made a strong comeback aided by prospects of improving demand stemming from the ongoing global economic recovery. Miners including Southern Copper Corporation (SCCO), Freeport-McMoRan Inc. (FCX) and Kaz Minerals PLC (KZMYY) are poised well to capitalize on this trend. Their concerted efforts to control costs and invest in technology will increase efficiency, thereby bolstering margins. About the Industry The Zacks Mining - Non Ferrous industry comprises companies that produce non-ferrous metals, including copper, gold, silver, cobalt, molybdenum, zinc, aluminum and uranium. These metals are utilized by a wide array of industries that include aerospace, automotive, packaging, construction, industrial machinery, electronics, transportation, jewelry, chemical, and nuclear energy. What’s Shaping the Future of Mining-Non Ferrous industry Prospects of Higher Demand Stemming From Global Economic Recovery: The coronavirus pandemic had impacted non-ferrous metal prices last year barring gold, which gained on the back of its safe-haven demand. Also, miners had to curtail or stop production to adhere to restrictions imposed by various governments to stem the spread of COVID-19. Slowdown in industrial activity severely impacted demand for industrial metals like copper and silver. However, commodity prices have since turned around, courtesy of improving industrial activity globally, rollout of vaccines, optimism regarding a strong US economic growth and robust demand from China. Further, President Biden’s plan to spend $2 trillion to overhaul and upgrade the nation’s infrastructure and promote green policies will require huge amount of non-ferrous metals. Cost Control & Innovation to Increase Efficiency: The industry has been facing a shortage of skilled workforce, which has led to a spike in wages. Moreover, labor-related disputes can be damaging to production and revenues. Since the industry cannot control the prices of its products, it focuses on improving sales volume, operating cash flow and lowering unit net cash costs. The industry participants are also opting for alternate energy sources in order to minimize fuel-price volatility and secure supply. Miners are now committed to cost-reduction strategies and digital innovation to drive operating efficiencies. Impending Demand and Supply Imbalance: The industry players are currently dealing with depleting resources, declining supply in old mines and lack of new mines. Development projects are inherently risky and capital intensive. Demand for non-ferrous metals will remain high in the future given their wide usage in primary sectors including transportation, electricity, construction, telecommunication, energy, information technology and materials. While demand remains strong, there will be an eventual deficit in metal supply leading to a situation that will bolster metal prices. This, in turn, will favor the industry in the long haul. Zacks Industry Rank Indicates Bright Prospects The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bright prospects in the near term. The Zacks Mining - Non Ferrous industry, which is a nine stock group within the broader Zacks Basic Materials Sector, currently carries a Zacks Industry Rank #98, which places it at the top 39% of 256 Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group’s earnings growth potential. Since the beginning of this year, the industry’s earnings estimate for the current year has gone up 87%. Our proprietary Heat Map shows that the industry’s rank has remained in the top half in six over the past seven weeks. https://reurl.cc/raj0rZ Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture. Industry Versus Broader Market The Zacks Mining- Non Ferrous Industry has outperformed the Zacks S&P 500 composite and its own sector over the past year. The stocks in this industry have collectively soared 219.6% in the past year compared with the S&P 500’s and its sector’s rally of 78.1% and 51.2%, respectively. https://reurl.cc/5oy34M Industry’s Current Valuation On the basis of forward 12-month EV/EBITDA ratio, which is a commonly used multiple for valuing Mining- Non Ferrous stocks, we see that the industry is currently trading at 6.98X compared with the S&P 500’s 15.80X. The Basic Materials sector’s forward 12-month EV/EBITDA is at 29.38X. This is shown in the charts below. https://reurl.cc/6y3G7d https://reurl.cc/1ga83X Over the last five years, the industry has traded as high as 8.88X and as low as 4.80X, with the median being at 6.47X. 3 Mining-Non Ferrous Stocks to Keep an Eye On Southern Copper: This Phoenix, AZ based company engages in mining, exploring, smelting, and refining copper and other minerals. The company has the largest copper reserves in the industry and operates high-quality, world-class assets. Its constant focus on increasing low-cost production is commendable. The company will benefit from its efforts to grow in Peru given that the country is currently the second largest producer of copper globally and holds 13% of the world’s copper reserves. It is worth mentioning that Peru’s national output is expected grow to 225000 tons in 2022 and 245000 tons in 2023. Notably, Southern Copper’s total investment program in Peru runs to $7.9 billion. The recent rally in copper and silver prices bode well for the company. The Zacks Consensus Estimate for the company’s earnings in 2021 suggests year-over-year growth of 66%. The estimate has moved up 20% in 90 days’ time. It has a long-term estimated earnings growth rate of 17.8%. The company ’s shares have gained 54.6% in the past six months. It currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks https://reurl.cc/XeY2q3 Kaz Minerals: This U.K.-based company and its subsidiaries engage in mining and processing copper and other metals (gold, silver, zinc) primarily in Kazakhstan and Kyrgyzstan. The company is well positioned to grow on the back of its large scale, low cost open copper pit mines. Its constant focus on applying modern technology to develop deposits has helped build a portfolio of highly profitable mines with low operating costs. The Aktogay expansion project carrying a total budget of $1.2 billion is expected to commence production in late 2021. It is anticipated to boost the company’s copper production by 80,000 tons in the 2022-2027 time period and 60,000 tons thereafter. The bankable feasibility study for the Baimskaya copper project is expected to be completed in the first half of 2021. Baimskaya is one of the world’s largest undeveloped copper resources with the potential to be a large scale, low cost open pit copper mine. The Zacks Consensus Estimate for the company’s earnings for the current fiscal year has moved up 8% over the past 90 days. Its shares have appreciated 58.4% over the past six months. The stock carries a Zacks Rank #2 (Buy). https://reurl.cc/3Nlk79 Freeport-McMoRan: This Phoenix, AZ-based company is engaged in mineral exploration and development; mining and milling of copper, gold, molybdenum and silver; and smelting and refining of copper concentrates. Freeport is conducting exploration activities near existing mines with a focus on opportunities to expand reserves. The company will benefit from the ongoing large-scale concentrator expansion project at Cerro Verde that will provide incremental annual production of around 600 million pounds of copper and 15 million pounds of molybdenum. It recently completed the Lone Star copper leach project and is on track to produce around 200 million pounds of copper annually. The company's effective cost management and efforts to reduce debt levels appear encouraging. Higher copper prices will also drive results. The Zacks Consensus Estimate for earnings for fiscal 2021 indicates year-over-year improvement of 391%. The estimate has been revised upward by 22% over the past 90 days. Shares of the company, which carries a Zacks Rank #3 (Hold), has soared 116.5% over the past six months. The company has a long-term estimated earnings growth rate of 26.5%. https://reurl.cc/WEZbRZ Zacks Top 10 Stocks for 2021 In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021? Last year's 2020 Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys. Access Zacks Top 10 Stocks for 2021 today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Southern Copper Corporation (SCCO) : Free Stock Analysis Report To read this article on Zacks.com click here. 機翻如下: 在去年主要因COVID-19疫情而導致需求疲軟後,Zacks礦業-有色金屬行業在全球經濟持續 復蘇帶來的需求改善前景的推動下,已經強勢回升。 南方銅業公司(SCCO)、Freeport-McMoRan Inc. (FCX)和Kaz Minerals PLC (KZMYY)等礦 商已準備好利用這一趨勢。它們在控制成本和技術投資方面的共同努力將提高效率,從而 提高利潤率。 關於行業 Zacks Mining - Non-Ferrous行業包括生產有色金屬的公司,包括銅、金、銀、鈷、鉬、 鋅、鋁和鈾。這些金屬被廣泛的行業所利用,包括航空航太、汽車、包裝、建築、工業機 械、電子、運輸、珠寶、化工和核能。 採礦業-有色金屬行業的未來發展方向 全球經濟復蘇帶來的需求增加的前景。去年,冠狀病毒大流行影響了有色金屬價格,但黃 金除外,黃金因其避險需求而上漲。此外,礦商不得不縮減或停止生產,以遵守各國政府 為阻止COVID-19蔓延而實施的限制措施。工業活動放緩嚴重影響了對銅、銀等工業金屬的 需求。然而,由於全球工業活動的改善、疫苗的推出、對美國經濟強勁增長的樂觀情緒以 及中國的強勁需求,大宗商品價格已經回升。此外,美國總統拜登計畫斥資2萬億美元對 國家基礎設施進行全面改造和升級,並推動綠色政策,這將需要大量的有色金屬。 成本控制與創新增效。行業一直面臨著技術工人短缺的問題,這導致了工資的飆升。此外 ,勞資糾紛也會對生產和收入造成損害。由於行業無法控制產品的價格,因此行業注重提 高銷量、經營性現金流,降低單位淨現金成本。行業參與者也在選擇替代能源,以儘量減 少燃料價格的波動和保障供應。礦商目前正致力於降低成本戰略和數位化創新,以推動運 營效率的提高。 即將出現的供需失衡。業內人士目前正在應對資源枯竭、老礦供應下降和新礦缺乏的問題 。開發項目本身風險大,資金密集。鑒於有色金屬在交通、電力、建築、電信、能源、資 訊技術和材料等初級部門的廣泛應用,未來有色金屬的需求仍將保持高位。雖然需求依然 強勁,但金屬供應最終會出現不足,導致金屬價格受到支撐。而這又將長期利好行業。 Zacks行業排名顯示前景光明 該集團的Zacks行業排名,基本上是所有成員股的Zacks排名的平均值,表明短期內前景光 明。Zacks Mining - Non Ferrous行業是更廣泛的Zacks基礎材料行業中的9個股票組,目 前Zacks行業排名第98位,在256個Zacks行業中排名前39%。我們的研究顯示,在Zacks排 名前50%的行業中,其表現優於後50%的行業,超過2比1的倍數。 從總的盈利預測修正來看,分析師似乎對這一群體的盈利增長潛力逐漸失去信心。自今年 年初以來,該行業今年的盈利預期已經上調了87%。 我們專有的熱力圖顯示,在過去的七周裡,該行業的排名有六次保持在前半段。 https://reurl.cc/raj0rZ 在介紹幾隻你可能想考慮的投資組合的股票之前,我們先來看看行業近期的股市表現和估 值情況。 行業與大盤對比 過去一年,Zacks Mining-Non-Ferrous行業的表現優於Zacks S&P 500綜合指數及其所屬 行業。該行業的股票在過去一年中集體飆升了219.6%,而標普500指數及其行業的漲幅分 別為78.1%和51.2%。 https://reurl.cc/5oy34M 行業目前的估值 根據遠期12個月EV/EBITDA比率(這是一個常用的礦業-有色金屬股票估值的倍數),我們 看到該行業目前的交易價格為6.98X,而標準普爾500指數為15.80X。基礎材料行業的遠期 12個月EV/EBITDA為29.38X。如下圖所示。 https://reurl.cc/6y3G7d https://reurl.cc/1ga83X 近五年來,該行業的交易量最高為8.88倍,最低為4.80倍,中位數為6.47倍。 3只礦業-有色金屬股值得關注 南方銅業。這家位於亞利桑那州鳳凰城的公司從事銅和其他礦產的開採、勘探、冶煉和精 煉。 該公司擁有行業內最大的銅儲量,並經營著高品質的世界級資產。其一直專注於提高低成 本生產,值得稱道。鑒於秘魯目前是全球第二大銅生產國,擁有全球13%的銅儲量,公司 在秘魯的發展將受益於其努力。值得一提的是,預計2022年秘魯全國產量將增長至225000 噸,2023年將增長至245000噸。值得一提的是,南方銅業在秘魯的總投資計畫高達79億美 元。近期銅價和銀價的反彈對公司來說是個好兆頭。 Zacks對公司2021年盈利的一致預期表明,同比增長66%。在90天的時間裡,該預估值已經 上升了20%。它的長期估計盈利增長率為17.8%。該公司的股價在過去六個月中上漲了 54.6%。目前,它的Zacks排名為1號(強勢買入)。您可以查看今天Zacks的完整列表。 https://reurl.cc/XeY2q3 Kaz Minerals。這家總部設在英國的公司及其子公司主要在哈薩克和吉爾吉斯斯坦從事銅 和其他金屬(金、銀、鋅)的開採和加工。 該公司憑藉其大規模、低成本的露天銅礦,處於良好的發展地位。公司一直專注于應用現 代技術開發礦床,幫助建立了一個高利潤、低運營成本的礦山組合。Aktogay擴建專案總 預算為12億美元,預計將於2021年底投產。預計在2022-2027年期間,該項目將使公司的 銅產量增加8萬噸,此後將增加6萬噸。Baimskaya銅礦項目的銀行可研預計將於2021年上 半年完成。Baimskaya是世界上最大的未開發銅資源之一,有可能成為大規模、低成本的 露天銅礦。 過去90天內,Zacks對該公司本財年盈利的一致預期已上調8%。其股價在過去6個月內升值 了58.4%。該股的Zacks排名第2(買入)。 https://reurl.cc/3Nlk79 Freeport-McMoRan。這家總部設在亞利桑那州費尼克斯的公司從事礦產勘探和開發;銅、 金、鉬和銀的開採和研磨;以及銅精礦的冶煉和提煉。 Freeport公司正在現有礦山附近進行勘探活動,重點關注擴大儲量的機會。該公司將受益 於正在進行的Cerro Verde大型選礦廠擴建項目,該項目將提供約6億磅銅和1500萬磅鉬的 年增產。該公司最近完成了Lone Star銅浸出項目,並有望每年生產約2億磅銅。該公司有 效的成本管理和降低債務水準的努力似乎令人鼓舞。較高的銅價也將推動業績增長。 Zacks對2021財年盈利的一致預期顯示,同比改善391%。該預期在過去90天內上調了22%。 該公司的股價在過去6個月裡飆升了116.5%,該公司的Zacks排名第3(持有)。該公司的 長期估計盈利增長率為26.5%。 https://reurl.cc/WEZbRZ 2021年Zacks十大股票 除了上面討論的股票,你想知道我們在整個2021年的10個最佳買入和持有的行情嗎? 去年的2020年Zacks Top 10 Stocks組合的收益高達+386.8%。現在,一個全新的投資組合 已經從Zacks排名所覆蓋的4000多家公司中精心挑選出來。不要錯過參與這些長期買入的 機會。 今天就進入Zacks 2021年十大股票>>。 想知道Zacks投資研究的最新推薦嗎?今天,你可以下載未來30天的7只最佳股票。點擊獲 取這份免費報告 南方銅業公司 (SCCO) : 免費股票分析報告 要閱讀Zacks.com上的這篇文章,請點擊這裡。 心得/評論: 不能免俗的轉了一篇有關有色金屬的東西 對於有色金屬的需求的短期噴發現在看起來是不可避免的趨勢 只是價格上面需要參酌 個人認為投資礦業公司是有一定風險的 開採礦石和礦石需求實在是兩回事,前者牽涉到許多實體上的風險 如果要比喻的話,就像投資加密貨幣和投資加密貨幣的交易所的差別 -- ※ 發信站: 批踢踢實業坊(ptt.cc), 來自: 180.217.42.84 (臺灣) ※ 文章網址: https://www.ptt.cc/bbs/Stock/M.1618867215.A.FBF.html

04/20 15:33, 2年前 , 1F
都漲多了,不知道有沒有肉
04/20 15:33, 1F

04/20 15:34, 2年前 , 2F
台灣的第一銅漲幅也很嚇人
04/20 15:34, 2F

04/20 15:34, 2年前 , 3F
不過美股的太陽能好弱
04/20 15:34, 3F
文章代碼(AID): #1WVVGF-_ (Stock)
文章代碼(AID): #1WVVGF-_ (Stock)