Tech Metals Archives - Page 23 of 55

VANCOUVER, British Columbia, June 30, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V: LI | OTCQB: LIACF | Frankfurt: 5LA1) announces a live upcoming summit where its Management Team will be discussing the Company’s recent merger with Plateau Energy Metals, as well as near-term exploration and development plans, particularly at the TLC Project in Nevada.

This inaugural Webinar event will take place on Tuesday, July 06, at 11.00 am PDT / 2.00 pm EDT. Management will be available to answer questions following the presentation. To join webinar by computer, register from this link: https://my.6ix.com/nzxIDKkS

With the recent consolidation of the combined assets of both companies, American Lithium is positioned as one of the largest developers of energy metals throughout the Americas. We intend to leverage this key competitive advantage to become a global industry leader while ensuring all our projects are sustainable and utilize best environmental practices. To find out more, please tune in to the Webinar.

The Company is also pleased to announce the recent launch of its new website at: www.americanlithiumcorp.com. Our social media channels are also now very active. Please follow us:

Twitter: @lithiumamerican

Instagram: /americanlithium/

LinkedIn: www.linkedin.com/company/american-lithium-corp/

About American Lithium
American Lithium is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas. The company is currently focused on enabling the shift to the new energy paradigm through the continued exploration and development of its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada as well as continuing to advance its Falchani lithium and Macusani uranium development projects in southeastern Peru. Both Falchani and Macusani have been through preliminary economic assessments, exhibit strong additional exploration potential and are situated near significant infrastructure.

Please watch our informative project update videos and related background information at https://www.americanlithiumcorp.com

On behalf of the Board of Directors of American Lithium Corp.

“Simon Clarke”

CEO & Director

Tel: 604 428 6128

For further information, please contact:

Tyler Ross, Investor Relations, at 604-428-6128

Email: info@americanlithiumcorp.com

Website: www.americanlithiumcorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Statement Regarding Forward Looking Information
This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the plans, objectives and advancement of the TLC, Falchani and Macusani (the “Projects”), exploration drilling plans, in-fill and expansion drilling plans, results of exploration and development plans, expansion of resources and testing of new deposits, environmental and social community permitting, and any other statements regarding the business plans, expectations and objectives of American Lithium. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend", “indicate”, “scheduled”, “target”, “goal”, “potential”, “subject”, “efforts”, “option” and similar words, or the negative connotations thereof, referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management are not, and cannot be, a guarantee of future results or events. Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct. All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: American Lithium’s ability to achieve its stated goals, including the anticipated benefits of the acquisition of Plateau Energy Metals Inc. (“Plateau”); the estimated costs associated with the advancement of the Projects; risks and uncertainties relating to the COVID-19 pandemic and the extent and manner to which measures taken by governments and their agencies, American Lithium or others to attempt to reduce the spread of COVID-19 could affect American Lithium, which could have a material adverse impact on many aspects of American Lithium’s businesses including but not limited to: the ability to access mineral properties for indeterminate amounts of time, the health of the employees or consultants resulting in delays or diminished capacity, social or political instability in Peru which in turn could impact American Lithium’s ability to maintain the continuity of its business operating requirements, may result in the reduced availability or failures of various local administration and critical infrastructure, reduced demand for the American Lithium’s potential products, availability of materials, global travel restrictions, and the availability of insurance and the associated costs; risks related to the certainty of title to the properties of American Lithium, including the status of the “Precautionary Measures” filed by American Lithium’s subsidiary Macusani Yellowcake S.A.C. (“Macusani”), the outcome of the administrative process, the judicial process, and any and all future remedies pursued by American Lithium and its subsidiary Macusani to resolve the title for 32 of its concessions; risks regarding the ongoing Ontario Securities Commission regulatory proceedings; the ongoing ability to work cooperatively with stakeholders, including but not limited to local communities and all levels of government; the potential for delays in exploration or development activities due to the COVID-19 pandemic; the interpretation of drill results, the geology, grade and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not be consistent with our expectations; risks that permits will not be obtained as planned or delays in obtaining permits; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages, strikes and loss of personnel) or other unanticipated difficulties with or interruptions in exploration and development; risks related to commodity price and foreign exchange rate fluctuations; risks related to foreign operations; the cyclical nature of the industry in which American Lithium operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment and the effects upon the global market generally, and due to the COVID-19 pandemic measures taken to reduce the spread of COVID-19, any of which could continue to negatively affect global financial markets, including the trading price of American Lithium’s shares and could negatively affect American Lithium’s ability to raise capital and may also result in additional and unknown risks or liabilities to American Lithium. Other risks and uncertainties related to prospects, properties and business strategy of American Lithium are identified in the “Risks and Uncertainties” section of Plateau’s Management’s Discussion and Analysis filed on June 25, 2021, in the “Risk Factors” section of American Lithium’s Management’s Discussion and Analysis filed on June 25, 2021, and in recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements. American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.

Cautionary Note Regarding Macusani Concessions
Thirty-two of the 151 concessions held by American Lithium’s subsidiary Macusani, are currently subject to Administrative and Judicial processes (together, the “Processes”) in Peru to overturn resolutions issued by INGEMMET and the Mining Council of MINEM in February 2019 and July 2019, respectively, which declared Macusani’s title to the 32 of the concessions invalid due to late receipt of the annual validity payment. Macusani successfully applied for injunctive relief on 32 concessions in a Court in Lima, Peru, and the grant of the Precautionary Measures (Medida Cautelar) has restored the title, rights and validity of those 32 concessions to Macusani until a final decision is obtained in at the last stage of the judicial process. If American Lithium’s subsidiary Macusani does not obtain a successful resolution of Processes, Macusani’s title to the concessions could be revoked.

Plans Underway for Large-Scale Lithium Hydroxide Production in Québec

Superior Court of Québec approves Sayona Québec’s acquisition of North American Lithium ("NAL")
Total cash consideration of approximately C$94mm with transaction completion expected in Q3 2021
Piedmont will fund approximately C$23.5mm, representing its 25% stake in Sayona Québec
Detailed study of the integration of NAL with Sayona Québec’s Authier Project to commence in the coming weeks
Sayona and Piedmont jointly committed to development of lithium hydroxide capacity in Québec

BELMONT, N.C., June 30, 2021–(BUSINESS WIRE)–Piedmont Lithium Inc. (Nasdaq: PLL) is pleased to announce that the Superior Court of Québec (Commercial Division) has granted an approval and vesting order regarding the Company’s joint bid with Sayona Mining Limited (ASX:SYA) for the acquisition of North American Lithium ("NAL") by Sayona Québec Inc. ("Sayona Quebec") in the context of the Companies’ Creditors Arrangement Act (CCAA) proceedings of NAL. Piedmont is a 25% shareholder of Sayona Québec and owns 19.79% of the outstanding common shares of Sayona Mining Limited.

At the completion of the transaction Sayona Québec will acquire all the issued and outstanding shares of NAL and substantially all of its assets. The order of Superior Court of Québec provides that the assets acquired in the transaction will be free and clear of any encumbrances other than certain specific permitted encumbrances accepted by Sayona Québec.

NAL owns a large, previously-producing lithium asset project located approximately 20 miles from Sayona’s core Authier project near the important mining center of Val-d’Or in the Abitibi region of Québec. NAL is fully permitted, has a Mineral Resource of 57.7Mt @ 1.05% Li₂O, and has had over $400 million invested in mining, concentrate and refining capacity. The project was operational and ramping toward nameplate production in 2018, when it was placed on care and maintenance due to weak lithium markets and a sub-optimal capital structure.

Sayona and Piedmont are proceeding with technical studies that contemplate integrating Sayona Québec’s Authier and Tansim projects with the facilities at NAL, including restart requirements, technical improvements, and optimization of NAL operations in order to fully utilize this competitive set of assets. Furthermore, Sayona and Piedmont will prioritize manufacturing of lithium hydroxide in Québec, capitalizing on Québec's competitive advantages, including access to zero-carbon, low-cost hydropower, skilled labor, world-class infrastructure, and the initiative of both the Canadian and provincial governments to develop the lithium-ion battery materials and EV industry.

Keith D. Phillips, President and Chief Executive Officer, commented: "We are very pleased to be working with our partners at Sayona to consolidate the spodumene resources in the Abitibi region of Québec. NAL is a past-producing business with a large, high-grade mineral resource located in close proximity to Sayona’s Authier project and to the important mining center of Val-d’Or, Québec. We will work closely with Sayona to refine the plans to unify the Authier and NAL spodumene operations, and we are both committed to building integrated spodumene to lithium hydroxide capacity in Québec. Piedmont strongly believes that ‘location and regionalization of the battery supply chain matters,’ and the combined Québec operations will be well-positioned to serve the fast-growing North American electric vehicle business. The Québec operations are an ideal complement to our flagship Carolina Lithium Project in Gaston County, NC, and further Piedmont’s objective of being North America’s leading lithium hydroxide producer."

Click here to view the full announcement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210630005312/en/

Contacts

Keith Phillips
President & CEO
T: +1 973 809 0505
E: kphillips@piedmontlithium.com

Brian Risinger
VP – Investor Relations and Corporate Communications
T: +1 704 910 9688
E: brisinger@piedmontlithium.com

We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn't mean that they don't have occasional colossal losses; they do (like Melvin Capital's recent GameStop losses). However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, as the current round of 13F filings has just ended, let’s examine the smart money sentiment towards Platinum Group Metals Limited (NYSE:PLG).

Is Platinum Group Metals Limited (NYSE:PLG) undervalued? Hedge funds were turning less bullish. The number of bullish hedge fund bets dropped by 1 recently. Platinum Group Metals Limited (NYSE:PLG) was in 6 hedge funds' portfolios at the end of the first quarter of 2021. The all time high for this statistic is 7. Our calculations also showed that PLG isn't among the 30 most popular stocks among hedge funds (click for Q1 rankings). There were 7 hedge funds in our database with PLG holdings at the end of December.

In the financial world there are a large number of tools investors have at their disposal to grade stocks. A pair of the most under-the-radar tools are hedge fund and insider trading indicators. We have shown that, historically, those who follow the top picks of the best fund managers can outperform the broader indices by a solid amount. Insider Monkey's monthly stock picks returned 206.8% since March 2017 and outperformed the S&P 500 ETFs by more than 115 percentage points (see the details here). That's why we believe hedge fund sentiment is a useful indicator that investors should pay attention to.

Eric Sprott of Sprott Asset Management

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, an activist hedge fund owns nearly 40% of this $24 biotech stock and is trying to buy the rest for around $50. So, we recommended a long position to our monthly premium newsletter subscribers. We go through lists like the 10 best battery stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. With all of this in mind we're going to take a look at the key hedge fund action regarding Platinum Group Metals Limited (NYSE:PLG).

Do Hedge Funds Think PLG Is A Good Stock To Buy Now?

At the end of March, a total of 6 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of -14% from the previous quarter. On the other hand, there were a total of 3 hedge funds with a bullish position in PLG a year ago. With the smart money's sentiment swirling, there exists a few notable hedge fund managers who were increasing their holdings substantially (or already accumulated large positions).

The largest stake in Platinum Group Metals Limited (NYSE:PLG) was held by CQS Cayman LP, which reported holding $3.4 million worth of stock at the end of December. It was followed by Citadel Investment Group with a $1 million position. Other investors bullish on the company included Sprott Asset Management, Two Sigma Advisors, and Renaissance Technologies. In terms of the portfolio weights assigned to each position CQS Cayman LP allocated the biggest weight to Platinum Group Metals Limited (NYSE:PLG), around 0.21% of its 13F portfolio. Sprott Asset Management is also relatively very bullish on the stock, dishing out 0.05 percent of its 13F equity portfolio to PLG.

Since Platinum Group Metals Limited (NYSE:PLG) has faced a decline in interest from hedge fund managers, logic holds that there exists a select few fund managers who sold off their full holdings last quarter. At the top of the heap, Donald Sussman's Paloma Partners dropped the biggest position of all the hedgies watched by Insider Monkey, valued at an estimated $0.3 million in stock, and Ryan Tolkin (CIO)'s Schonfeld Strategic Advisors was right behind this move, as the fund sold off about $0.1 million worth. These transactions are interesting, as aggregate hedge fund interest was cut by 1 funds last quarter.

Let's check out hedge fund activity in other stocks similar to Platinum Group Metals Limited (NYSE:PLG). These stocks are Value Line, Inc. (NASDAQ:VALU), Vincerx Pharma, Inc. (NASDAQ:VINC), Cerecor Inc. (NASDAQ:CERC), BioVie Inc. (NASDAQ:BIVI), Park Aerospace Corp. (NYSE:PKE), BurgerFi International, Inc. (NASDAQ:BFI), and Cabaletta Bio, Inc. (NASDAQ:CABA). This group of stocks' market caps are similar to PLG's market cap.

[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position VALU,2,2401,0 VINC,16,88367,5 CERC,10,145224,2 BIVI,1,447,0 PKE,8,33491,-5 BFI,9,51873,4 CABA,11,91768,3 Average,8.1,59082,1.3 [/table]

View table here if you experience formatting issues.

As you can see these stocks had an average of 8.1 hedge funds with bullish positions and the average amount invested in these stocks was $59 million. That figure was $5 million in PLG's case. Vincerx Pharma, Inc. (NASDAQ:VINC) is the most popular stock in this table. On the other hand BioVie Inc. (NASDAQ:BIVI) is the least popular one with only 1 bullish hedge fund positions. Platinum Group Metals Limited (NYSE:PLG) is not the least popular stock in this group but hedge fund interest is still below average. Our overall hedge fund sentiment score for PLG is 46.4. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. This is a slightly negative signal and we'd rather spend our time researching stocks that hedge funds are piling on. Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 19.3% in 2021 through June 25th and surpassed the market again by 4.8 percentage points. Unfortunately PLG wasn't nearly as popular as these 5 stocks (hedge fund sentiment was quite bearish); PLG investors were disappointed as the stock returned -2.9% since the end of March (through 6/25) and underperformed the market. If you are interested in investing in large cap stocks with huge upside potential, you should check out the top 5 most popular stocks among hedge funds as most of these stocks already outperformed the market in 2021.

Get real-time email alerts: Follow Platinum Group Metals Ltd (NYSE:PLG)

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Disclosure: None. This article was originally published at Insider Monkey.

Recognition includes outstanding response efforts to COVID-19 at Magnolia, Arkansas, site

CHARLOTTE, N.C., June 29, 2021 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it received 10 American Chemistry Council (ACC) Responsible Care Awards for its exemplary health, safety and environmental initiatives.

Albemarle Corp. Logo. (PRNewsFoto/Albemarle Corporation)

Albemarle received awards in the categories of facility safety and outstanding COVID-19 response efforts. A total of nine sites, representing each of Albemarle's three global business units, received recognition for facility safety by demonstrating significant achievements in employee health and safety performance. The ACC recognized Albemarle's Magnolia, Arkansas, site for outstanding COVID-19 response efforts in 2020, including the critical role employees played in the global battle against COVID-19.

"Safety is a key aspect of Albemarle's culture and business operations. We believe it is our personal responsibility to keep each other safe," said Bo Brantley, Vice President, Health, Safety and Environmental & Manufacturing Excellence. "I applaud our employees for maintaining a safety-centered mindset, particularly during the COVID-19 pandemic, to ensure the health of all colleagues, especially the essential personnel who remained onsite and ensured smooth operations."

Awards were announced at the virtual 2021 Responsible Care & Sustainability Conference & Expo. During the conference, the ACC recognized chemical industry leaders for their exceptional environmental, health, safety and security performance, their commitment to sustainability, and their sound chemicals management.

To view the list of awards and recipients, please visit here.

About Albemarle
Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C., is a global specialty chemicals company with leading positions in lithium, bromine, and refining catalysts. We think beyond business-as-usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.

We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves.

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/albemarle-earns-multiple-american-chemistry-council-responsible-care-awards-301322226.html

SOURCE Albemarle Corporation

In this article, we will discuss the 10 best dividend stocks to buy according to Crispin Odey’s hedge fund. If you want to skip our detailed analysis of Crispin Odey’s history, investment philosophy, and hedge fund performance, go directly to the 5 Best Dividend Stocks to Buy According to Crispin Odey’s Hedge Fund

Crispin Odey, the founder of Odey Asset Management Group, was born in East Yorkshire. He joined Harrow School for his early education and later went to Christ Church, Oxford, for his graduate degree.

After completing his university education, Odey qualified as a barrister but left to work for Barings International, where he managed the Baring European Growth Trust. Odey founded Odey Asset Management in 1991. One of the primary investors in the firm was billionaire George Soros. Crispin Odey is one of the best-known hedge fund administrators in Europe. Odey has been in the limelight for his support of Brexit and ardent criticism of central bank policies. He uses accounting analysis to bet on stocks, bonds, and currencies.

Odey Asset Management focuses on active fund management with equal importance on producing higher returns. The funds’ 13F portfolio is valued at approximately $356.684 million as of the end of the first quarter of 2021. Odey’s fund had its decent amount of good and bad times over the years, with an indisputable high point coming in 2008 when the hedge fund generated a 54.8% return. In 2020 the hedge fund gained 57.12%, while it gained about 5.76% in the first quarter of 2021.

Among the notable holdings of Odey as of the first quarter of 2021 are Microsoft (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN) and Facebook, Inc. (NASDAQ: FB).

On June 24, Microsoft (NASDAQ: MSFT) formally launched the Windows 11 operating system, which will be released to the public by the holiday season this year. Microsoft (NASDAQ: MSFT) is also collaborating with Amazon to bring Android apps to Windows 11. On June 16, Microsoft (NASDAQ: MSFT) declared a quarterly dividend of $0.56 per share, in line with the previous.

Another notable stock in Odey’s portfolio is Amazon.com, Inc. (NASDAQ: AMZN). The investor owns a $4.56 million stake in the company representing 1.27% of his hedge fund's portfolio. On June 25, Amazon.com, Inc. (NASDAQ: AMZN) acquired transmission security service Wickr — a messaging app that has equipped itself to provide services to government and military. It claims to be the only “collaboration service” that meets security criteria set out by the National Security Agency. Amazon.com (NASDAQ: AMZN) also announced the addition of ART19, a platform that inserts ads into podcasts.

Odey owns 8,600 shares of Facebook, Inc. (NASDAQ: FB) as of the end of the first quarter. On June 22, Facebook, Inc. (NASDAQ: FB) declared that it has broadened its "Shops" feature to its messaging app WhatsApp in several countries. Facebook, Inc. (NASDAQ: FB) has greater than 300 million monthly Shops visitors and about 1.2 million monthly active Shops. On June 21, Facebook started its own Clubhouse-style live audio rooms, which will let users join and listen to live conversations. Facebook, Inc. (NASDAQ: FB) ranks 1st in our list of the 30 Most Popular Stocks Among Hedge Funds.

10 Best Dividend Stocks to Buy According to Crispin Odey’s Hedge Fund

Crispin Odey of Odey Asset Management Group But in this article our focus would be on dividend-paying stocks in Crispin Odey's Q1 portfolio.

Before investing, you should practice caution and do a lot of research, as financial volatility is making things difficult even for the smart investors. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey's research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and February 26, 2021, our monthly newsletter's stock picks returned 197.2%, vs. 72.4% for the SPY. Our stock picks outperformed the market by more than 124 percentage points (see the details here). We were also able to identify in advance a select group of hedge fund holdings that significantly underperformed the market. We have been tracking and sharing the list of these stocks since February 2017, and they lost 13% through November 16. That's why we believe hedge fund sentiment is a handy indicator that investors should consider. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

With this context and industry outlook in mind, let’s start our list of the 10 best dividend stocks to buy according to Crispin Odey’s hedge fund

10 Best Dividend Stocks to Buy According to Crispin Odey’s Hedge Fund

10. Morgan Stanley (NYSE: MS)

Odey’s Stake Value: $5,988,000 Percentage of Crispin Odey’s 13F Portfolio: 1.67% Dividend Yield: 1.59% Number of Hedge Fund Holders: 79

Morgan Stanley (NYSE: MS) is a financial holding company, which provides various financial products and services to organizations, governments, banks, and individuals. The company was founded in 1924 and ranks tenth on the list of 10 best dividend stocks to buy according to Crispin Odey’s hedge fund. Morgan shares have gained about 87.89% over the last twelve months.

Just like Microsoft (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Facebook, Inc. (NASDAQ: FB), Morgan Stanley (NYSE: MS) is one of the best stocks to buy according to Crispin Odey. Morgan Stanley recently said it will double its dividend per share to $0.70 per share from $0.35 per share. The company also announced a share repurchase authorization of $12 billion. On June 9, Jefferies analyst Daniel Fannon initiated coverage on Morgan Stanley (NYSE: MS) with a “Buy” rating and a price target of $108.

The hedge fund run by Crispin Odey owns 77,100 shares in the company worth $5.99 million, representing 1.67% of their investment portfolio. Odey Asset Management Group has increased stakes in Morgan Stanley stock by 19% in the past few months. In the first quarter of 2021, 79 hedge funds in the database of Insider Monkey held stakes worth $5.29 billion in Morgan, up from 66 the preceding quarter worth $5.67 billion.

Artisan Partners Limited Partnership, in their fourth quarter 2020 investor letter, mentioned Morgan Stanley (NYSE: MS). Here is what the fund said:

“Top three contributor Morgan Stanley, a leading global financial services company, came into the portfolio in Q4 as a result of its purchase of E*TRADE. E*TRADE is a great fit on Morgan Stanley’s wealth management platform and provides a considerable amount of non-interest-bearing deposit funding. James Gorman, chairman and CEO, has steadily de-risked Morgan Stanley’s business by adding less volatile fee streams and deemphasizing the risk-obtuse culture of prior management. We believe the market will come to appreciate this mix shift over time.”

9. FMC Corporation (NYSE: FMC)

Odey’s Stake Value: $2,160,000 Percentage of Crispin Odey’s 13F Portfolio: 0.60% Dividend Yield: 1.70% Number of Hedge Fund Holders: 79

FMC Corporation (NYSE: FMC) is an American agricultural sciences company. The company was founded in 1883, and stands ninth on the list of 10 best dividend stocks to buy according to Crispin Odey’s hedge fund. FMC stock has offered 16% in returns to investors over the course of the past twelve months.

On June 8, FMC Corporation (NYSE: FMC) received U.S. Environmental Protection Agency registration for Fluindapyr. Fluindapyr provides all-round activity against a broad range of harmful diseases in specialty crops. On May 5, the company declared its earnings per share for the first quarter of 2021. It declared earnings per share of $1.53, beating the market predictions by $0.02.

Crispin Odey’s hedge fund owns 19,525 shares of the company, worth $2.16 million. Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm D E Shaw is a leading shareholder in FMC Corporation (NYSE: FMC) with 1.056 million shares worth $116.76 million.

8. Comcast Corporation (NASDAQ: CMCSA)

Odey’s Stake Value: $2,814,000 Percentage of Crispin Odey’s 13F Portfolio: 0.78% Dividend Yield: 1.78% Number of Hedge Fund Holders: 88

Comcast Corporation (NASDAQ: CMCSA) is an American company, which functions as a media and technology company. The company was incorporated in 1963 and is placed eighth on the list of 10 best dividend stocks to buy according to Crispin Odey’s hedge fund. Comcast Corporation (NASDAQ: CMCSA) shares have gained about 45.98% over the last twelve months.

Just like Microsoft (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Facebook, Inc. (NASDAQ: FB), Comcast is one of the best stocks to buy according to Crispin Odey. On June 25, Steve Malcolm, an analyst at Redburn, initiated coverage on Comcast (NASDAQ: CMCSA), rating the stock as “Buy,” with a price target of $70.00. Comcast is also a decent dividend-paying stock. On May 25, Comcast declared a quarterly dividend of $0.25 per share, in line with the previous.

Odey Asset Management Group holds 52,000 shares in the company worth $2.81 million, representing 0.78% of their portfolio. The company is also getting the attention of the smart money, as 88 hedge funds tracked by Insider Monkey reported owning stakes in the company in the first quarter of 2021, up from 84 funds a quarter earlier.

Nelson Capital Management, in their first quarter 2021 investor letter, mentioned Comcast Corporation (NASDAQ: CMCSA). Here is what the fund said:

“Comcast is the Largest cable provider in the U.S. and is the dominant internet access provider in the markets it serves. Though Comcast will likely see further declines in cable subscriptions due to ongoing cord-cutting, it should be able to off set that lost revenue by growing internet access customers and instituting higher pricing. The pandemic has increased the importance of a fast internet connection, with more content streaming to homes at increasingly higher quality. Comcast made significant upgrades early on, allowing it to quickly deploy new technology and increase speeds to meet t he evolving needs of its customers.”

7. Colgate-Palmolive Company (NYSE: CL)

Odey’s Stake Value: $2,231,000 Percentage of Crispin Odey’s 13F Portfolio: 0.62% Dividend Yield: 2.22% Number of Hedge Fund Holders: 48

Colgate-Palmolive Company (NYSE: CL), with its subsidiaries, produces and trades consumer products globally. The company was founded in 1806 and is placed seventh on the list of 10 best dividend stocks to buy according to Crispin Odey’s hedge fund. Shares of the company rallied 13.90% in the last twelve months, resulting in a $68.91 billion market capitalization.

On June 10, Colgate-Palmolive (NYSE:CL) declared a quarterly dividend of $0.45 per share, in line with the previous. On June 23, Peter Grom, an analyst at UBS, initiated coverage on Colgate-Palmolive (NYSE:CL). He rated the stock as "Buy" and set the price target at $95. On April 30, Colgate-Palmolive declared earnings per share for the first quarter of 2021. It posted earnings per share of $0.80, beating market predictions by $0.01.

Just like Microsoft (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Facebook, Inc. (NASDAQ: FB), Colgate-Palmolive (NYSE:CL) is one of the best stocks to buy, based on Crispin Odey's Q1 portfolio.

Odey Asset Management Group holds 28,300 shares in the firm worth $2.23 million, representing 0.62% of their investment portfolio. Hedge fund sentiment increased for Colgate-Palmolive Company (NYSE: CL) in the first quarter of 2021. Insider Monkey’s data shows that 48 elite hedge funds held stakes in the company in the first quarter of 2021, up from 46 funds a quarter earlier.

First Eagle Investment Management, in their first quarter 2021 investor letter, mentioned Colgate-Palmolive. Here is what the fund said:

“The leading detractors in the quarter (included) Colgate-Palmolive Company. After a strong 2020 fueled in part by lockdown-driven demand, consumer staples stocks generally cooled during the first quarter as investors shifted attention to the more economically sensitive areas of the market likely to benefit from re-openings and improved discretionary spending. The effects of this rotation could be seen in the share price underperformance of names like Colgate-Palmolive.”

6. JPMorgan Chase & Co. (NYSE: JPM)

Odey’s Stake Value: $8,346,000 Percentage of Crispin Odey’s 13F Portfolio: 2.3% Dividend Yield: 2.34% Number of Hedge Fund Holders: 111

JPMorgan Chase & Co. (NYSE: JPM) functions as a monetary service company. The company was founded in 1799 and stands sixth on the list of 10 best dividend stocks to buy according to Crispin Odey’s hedge fund. JPMorgan Chase & Co. (NYSE: JPM) has offered investors returns of 66.38% over the course of the past twelve months.

On June 22, JPMorgan Chase & Co. (NYSE: JPM) invested in Maxex, which connects sellers and buyers of home loans. The purpose of investment is to increase broad market adoption of the Maxex exchange platform for buying and selling loans in the U.S. non-agency mortgage market. On May 17, JPMorgan Chase declared a quarterly dividend of $0.90 per share, in line with the previous. On April 14, the company announced its revenue for the first quarter of 2021. It declared revenue of $32.3 billion, up 14.3% YoY, beating the estimates by $1.99 billion.

Just like Microsoft (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Facebook, Inc. (NASDAQ: FB), JPMorgan Chase & Co. (NYSE: JPM) is one of the best stocks to buy according to Crispin Odey.

Odey Asset Management Group holds 54,825 shares in the firm worth over $8.35 million, representing 2.33% of their investment portfolio. At the end of the first quarter of 2021, 111 hedge funds in the database of Insider Monkey held stakes worth $5.25 billion in JPMorgan Chase & Co. (NYSE: JPM), down from 112 the preceding quarter worth $6.97 billion.

VLTAVA Fund, in their second quarter 2020 investor letter, mentioned JPMorgan Chase & Co. Here is what the fund said:

“In the quarter just ended, we bought shares of the JP Morgan. In our opinion, among all the world’s large banks, this one is the best managed and financially strongest. It did very well already in the recession of 2008, when it remained profitable and did not require government help. This made it exceptional among large banks, and we may say that this was the year when it stood out most despite the fact that, from the profitability viewpoint, it was the worst year for JP Morgan of the whole previous economic cycle. The worst year of this economic cycle clearly will be 2020. Profits will drop substantially, mainly due to large increase in bad loans. Despite this, JP Morgan should earn a lot of money this year and its strength and quality will again come to the fore. The shares of good banks can be very remunerative long-term “compounders”, and the best time to buy them is usually in times of recession.”

Click to continue reading and see 5 Best Dividend Stocks to Buy According to Crispin Odey’s Hedge Fund.

Do Hedge Funds Think PLM Is A Good Stock To Buy Now?

At the end of the first quarter, a total of 6 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 50% from the previous quarter. On the other hand, there were a total of 3 hedge funds with a bullish position in PLM a year ago. With the smart money's capital changing hands, there exists an "upper tier" of noteworthy hedge fund managers who were boosting their holdings meaningfully (or already accumulated large positions).

Among these funds, Renaissance Technologies held the most valuable stake in PolyMet Mining Corp. (NYSE:PLM), which was worth $1 million at the end of the fourth quarter. On the second spot was Two Sigma Advisors which amassed $0.5 million worth of shares. Elkhorn Partners, Paloma Partners, and Millennium Management were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position Elkhorn Partners allocated the biggest weight to PolyMet Mining Corp. (NYSE:PLM), around 0.24% of its 13F portfolio. Paloma Partners is also relatively very bullish on the stock, earmarking 0.0029 percent of its 13F equity portfolio to PLM.

As aggregate interest increased, specific money managers were breaking ground themselves. Renaissance Technologies, assembled the largest position in PolyMet Mining Corp. (NYSE:PLM). Renaissance Technologies had $1 million invested in the company at the end of the quarter. Ken Griffin's Citadel Investment Group also initiated a $0 million position during the quarter.

Let's go over hedge fund activity in other stocks similar to PolyMet Mining Corp. (NYSE:PLM). We will take a look at Arbutus Biopharma Corp (NASDAQ:ABUS), Centrus Energy Corp. (NYSE:LEU), Net 1 UEPS Technologies Inc (NASDAQ:UEPS), iRadimed Corporation (NASDAQ:IRMD), G. Willi-Food International Limited (NASDAQ:WILC), Cheetah Mobile Inc (NYSE:CMCM), and Utah Medical Products, Inc. (NASDAQ:UTMD). This group of stocks' market values resemble PLM's market value.

[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position ABUS,15,20046,4 LEU,6,16375,2 UEPS,8,23623,-3 IRMD,3,50698,-2 WILC,2,31828,0 CMCM,4,3156,0 UTMD,4,28627,-2 Average,6,24908,-0.1 [/table]

View table here if you experience formatting issues.

As you can see these stocks had an average of 6 hedge funds with bullish positions and the average amount invested in these stocks was $25 million. That figure was $2 million in PLM's case. Arbutus Biopharma Corp (NASDAQ:ABUS) is the most popular stock in this table. On the other hand G. Willi-Food International Limited (NASDAQ:WILC) is the least popular one with only 2 bullish hedge fund positions. PolyMet Mining Corp. (NYSE:PLM) is not the least popular stock in this group but hedge fund interest is still below average. Our overall hedge fund sentiment score for PLM is 52.4. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 19.3% in 2021 through June 25th and still beat the market by 4.8 percentage points. A small number of hedge funds were also right about betting on PLM as the stock returned 21.8% since the end of the first quarter (through 6/25) and outperformed the market by an even larger margin.

Get real-time email alerts: Follow Polymet Mining Corp (NYSE:PLM)

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Disclosure: None. This article was originally published at Insider Monkey.

VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) — Melior Resources Inc. (TSXV: “MLR”) (“Melior” or the “Company”) refers to its press release of April 28, 2021 regarding the Default Notice received from Pala Investments Ltd (“Pala”) and the subsequent Standstill Agreement entered into with Pala.

The Company announces that it has today entered into a further standstill amending agreement with Pala pursuant to which Pala has agreed to extend the standstill period until September 30, 2021.

Furthermore, Melior has also today entered into a further amended demand promissory note (the “Amended Promissory Note”) with Pala extending the maturity of the loan from June 30, 2021 to September 30, 2021. All other terms of the Amended Promissory Note remain unchanged.

MELIOR RESOURCES INC.
Martyn Buttenshaw
Interim Chief Executive Officer
+41 41 560 9070
info@meliorresources.com

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

One company to watch right now is ANGLO AMER ADR (NGLOY). NGLOY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 6.24, while its industry has an average P/E of 7.48. Over the past year, NGLOY's Forward P/E has been as high as 12.90 and as low as 5.75, with a median of 8.42.

We should also highlight that NGLOY has a P/B ratio of 1.70. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 3.22. Over the past 12 months, NGLOY's P/B has been as high as 2.04 and as low as 1.03, with a median of 1.49.

These figures are just a handful of the metrics value investors tend to look at, but they help show that ANGLO AMER ADR is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, NGLOY feels like a great value stock at the moment.

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Gold has long been regarded as a safe haven in times of market turmoil. Gold stocks, as represented by the VanEck Vectors Gold Miners ETF (GDX), have underperformed the broader market over the past year as the U.S. and other economies have begun to recover amid the global pandemic.

Lithium producers are adding new production capacity to meet booming demand for the critical metal as the world pushes for greener energy.

Suppliers of the key mineral have turned quite optimistic this year that global demand for lithium will soar in the coming decades with the increased uptake of electric vehicles (EVs) and battery storage.

Surging demand is set to drive lithium prices higher, lithium producers say in an outlook on the industry that turned decisively bullish this year.

One of the largest lithium suppliers in the world, China’s Ganfeng Lithium, is not ruling out the possibility that lithium prices could recover from the two-year decline and reach the record-highs seen in 2018.

Lithium prices have already surged this year from the lows of 2019-2020. But suppliers believe prices have a lot more room to rise as the push for green energy is overwhelming government agendas worldwide.

“The industry is rapidly growing and we have a very upbeat forecast on lithium consumption,” Ganfeng Lithium’s vice chairman Wang Xiaoshen told Bloomberg in an interview last week.

“I can’t rule out the possibility for lithium prices to bounce back to the 2018 level,” the executive added.

Ganfeng Lithium said earlier this year that it “is optimistic about the long-term development of the global lithium market,” and announced it would expand its production capacity.

“China’s Ganfeng Lithium has announced considerable plans to extend its reach in the lithium supply chain throughout the first half of 2021, remaining one of the most active players in targeting large commitments to build out its production capabilities,” Benchmark Mineral Intelligence said in a report last week.

The company’s vice chairman, however, is not ruling out another dip in lithium prices either, in the interview with Bloomberg. This could happen, he says, if the uptake of EV sales slows down or if major lithium producers bring much more supply faster than expected.

For now, though, it seems that analysts concur that lithium has a bright future, especially considering the net-zero emission commitments from dozens of industrialized nations and blocs, including the United States and the European Union.

Lithium demand for batteries for EVs and battery energy storage is set to jump until 2050—the net-zero watershed moment for most countries.

Lithium mined for batteries accounted for just 9 percent of all lithium produced back in 2000. But by 2020, the share of lithium produced for batteries had surged to 66 percent and is set to further jump to account for more than 90 percent of all lithium applications by 2030, according to estimates from IHS Markit.

“We continue to see strong market demand for lithium, especially from EVs,” Kent Masters, CEO at the biggest lithium producer in the world, Albemarle Corporation, said on the Q1 earnings call last month.

“We’re fighting to keep up with demand. I think the industry is doing the same,” he added.

Eric Norris, president for Albemarle’s Lithium division, noted that “We see price rising going forward for the foreseeable future.”

As per Rystad Energy estimates, the EV surge could lead to “a serious lithium supply deficit already from 2027.” The industry needs to approve very soon new lithium mining projects so that supply has a chance to catch up with demand.

“We anticipate that lithium prices could replicate their past turbulence if supplies cannot catch up with booming EV demand later this decade. Looking at the significant task ahead to build more mining capacity, prices could even triple as a result of the market imbalance,” said James Ley, Senior Vice President at Rystad Energy’s Energy Metals team.

According to the International Energy Agency (IEA), the rise of clean energy technologies “is set to supercharge demand for critical minerals.” Lithium demand could jump by over 40 times by 2040 in the agency’s Sustainable Development Scenario, a pathway aligned with the world achieving the Paris Agreement goals.

By Tsvetana Paraskova for Oilprice.com

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VANCOUVER, BC, June 28, 2021 /CNW/ — Surge Battery Minerals Inc. (the "Company" or "Surge") (TSXV: NILI), (OTC: NILIF), (FRA: DJ5C) is pleased to report that it has finalized plans to acquire 38 mineral claims, located in Township 44 North, Range 65 East, Sections 13, 14, 23, and 24. The claims are valid and have been properly recorded with both the US Bureau of Land Management and the Elko County, Nevada Recorder. The Company refers to this series of mineral claims as the Northern Nevada Lithium Project.

"Map Location of the Northern Nevada Lithium Project" — “Map Location of the Northern Nevada Lithium Project”

The terms of the mineral claim acquisition are as follows:

The Company agrees to pay Alan J. Morris (the "Vendor") the following consideration for the 38 mineral claims in Nevada:

(a) making a cash payment to the Vendor in the amount of USD$12,000 immediately upon signing of the Agreement; and

(b) issuing to the Vendor 250,000 paid and non-assessable common shares in the capital of Surge Battery Metals Inc. upon acceptance of the Agreement by the TSX Venture Exchange.

All securities in connection with the transaction are subject to a four month and a day hold period in accordance with applicable securities laws.

The Northern Nevada Lithium Project is located in the Granite Range about 34 line- km southeast of Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada. The target is a Thacker Pass or Clayton Valley type lithium clay deposit in volcanic tuff and tuffaceous sediments of the Jarbidge Rhyolite package. The project area was first identified in public domain stream sediment geochemical data with follow up sediment sampling and geologic reconnaissance.

Momentum for this new program stems from Albemarle's recent announcement that it will commence exploration of clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region surrounding its Silver Peak lithium producing mine. As reported by Albemarle on January 7, 2021

"Beginning in 2021, the company (Albemale) plans to invest $30 million to $50 million to double the current production at the Nevada site by 2025, making full use of its brine water rights. Additionally, in 2021 the company plans to commence exploration of clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region. As a leader in the lithium industry, our priority is to optimize our world-class resources and production. This includes Silver Peak, a site uniquely positioned as the only lithium-producing resource in the United States," said Eric Norris, Albemarle President, Lithium. "This investment in domestic capacity shows that we are committed to looking at the many ways in which Silver Peak can provide domestic support for the growing EV market."

Greg Reimer, President & CEO comments "Nevada is well known for its lithium projects and lithium potential in both brine and clay-based mineral deposits. We are very excited to have found some prospective ground in Nevada that shows some geological promise and strong initial lithium readings. Nevada is an area of focus for several mineral exploration companies including lithium producer Albemarle Corporation (NYSE: ALB), and several prolific lithium explorers like Pure Energy Minerals (TSXV: PE) and Cypress Development Corp. (TSXV: CYP). Over time, the Company is planning an additional staking program in the region to strategically add to our land position. This new staking program will target known sedimentary horizons with potential for lithium bearing clay deposits."

Alan Morris, Lithium Claim Vendor and Lithium Project QP comments "Stream gravel in the anomalous samples consists of devitrified rhyolite tuff with occasional clasts of pumice. In outcrop, air fall tuffs and tuffaceous lake beds are capped by strongly welded ash flow tuffs in a typical caldera related volcanic package. Regional mapping has identified these rocks as being part of the Jarbidge Rhyolite is of a similar age and composition as the McDermitt Tuff that hosts the Thacker Pass deposit. While the McDermitt Caldera is relatively intact structurally, basin and range faulting has offset and obscured the likely extent of the Jarbidge Caldera feature. The immediate project area has not been the subject of modern detailed geologic mapping or age dating, so this interpretation is based on older 1:250,000 scale mapping and may be subject to revision as more data is collected."

Alan Morris, continues "The anomalous tuffs are preserved within a graben feature between a ridge of Paleozoic age sediments to the east with Paleozoic sediments intruded by the Contact Granite to the west. Younger felsic volcanic rocks related to the Bruneau-Jarbidge caldera fill the shallow valleys to the east and north. The younger tuff has similar chemical characteristics to the McDermitt and Jarbidge tuffs and, based on regional public-domain geochemistry, is permissive for lithium mineralization."

The Serge Battery Metals Northern Nevada Lithium Project is a very early stage project with only limited stream sediment and rock chip sampling accomplished to date. Results include two sediment samples with 1,980 and 1,540 ppm lithium. Limited rock chip samples run up to 367 ppm Li but were not collected in the anomalous drainages. Significant geologic and exploration work remains ahead to identify the source beds of the anomalous sediments. Plans are to initiate a grid soil survey and general geologic mapping to identify the favorable horizons for drill testing.

About Surge Battery Metals Inc. surgebatterymetals.com

The Company is a Canadian-based mineral exploration company which has been active in the resource sector in British Columbia, Canada and Nevada, USA.

On Behalf of the Board of Directors

"Greg Reimer"
Greg Reimer, President & CEO
604-428-5690

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward–looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward–looking. Forward–looking statements are not guaranteeing future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward–looking statements.

Surge Battery Metals Inc.
1220 – 789 West Pender Street
Vancouver, BC, Canada V6C 1H2
604- 428-5690
www.surgebatterymetals.com
info@surgebatterymetals.com

"Area Map of the Surge Lithium Claim in Northern Nevada" — “Area Map of the Surge Lithium Claim in Northern Nevada”

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/surge-battery-metals-targets-new-lithium-clay-deposits-in-nevada-301320755.html

SOURCE Surge Battery Minerals Inc.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/28/c4300.html

VANCOUVER, British Columbia, June 25, 2021–(BUSINESS WIRE)–Lomiko Metals Inc. ("Lomiko") (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) investment SHD Smart Home Devices Ltd. (www.shddevices.com) has been awarded a new patent #11063396 from the United States Patent and Trademark Office for its IoT Power Hub wall-mounted receptacle. The publication date for the patent is July 15, 2021. Lomiko Metals Inc. 100% owned subsidiary Lomiko Technologies Inc. is the owner of 18.15% of SHD Smart Home Devices Ltd. (www.shddevices.com) and 40% of Graphene Energy Storage Devices. This is an excellent development for SHD and opens up licensing and manufacturing opportunities. SHD continues to investigate licensing and manufacturing opportunities and aims to complete Underwriters Laboratory (UL) certification for the product and continues research and development of products related to power conversion, heat management and electric vehicle charging equipment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210625005409/en/

SHD Devices in-wall USB-enabled 8 receptacle IoT Hub with 2 of 8 USB plugs being utilized. (Photo: Business Wire)

"SHD has an incredible opportunity to participate in a burgeoning IoT and Smart Device market.", stated A. Paul Gill, CEO., "Major companies such as Leviton, Legrand, Pass and Seymour and others have recognized this new market and have launched similar devices."

In order to focus on its battery materials properties in Quebec, Lomiko Metals entered into an agreement to sell it’s 100% interest in Lomiko Technologies Inc. to Promethieus Technologies Inc. (Canada) (www.promethieus.com) for $ 1,236,625 on August 6, 2020. Promethieus Technologies Inc. (Canada) plans to merge with Promethieus Technologies NV and the resulting company aims to list on the DCSX to seek further funding to develop both SHD and Graphene ESD. Lomiko would retain 20% interest in the resulting issuer and be reimbursed $ 152,858 in expenses paid by Lomiko on behalf of Promethieus Technologies Ltd. The transaction was due to complete by June 30, 2021 but that target date has not been met due to delays related to COVID 19. A new resolution to extend the time frame of the sale will be presented to the next Annual General Meeting.

Mobile phone manufacturers such as Samsung and Apple have already made the decision not to include charge adapters in the retail box with new phones. The patented IoT Power Hub has 6 USB charge points and 2 traditional plug outlets, providing capability to charge up to 8 electronic devices from one receptacle. Furthermore, the patented design has the USB ports situated on the sides of the device allowing all USB outlets to be used simultaneously without obstructing the plug outlets. This is a problem that many competing options with front mount USB outlets face. The devices also greatly reduces the wasted energy from over-heated power-converters created from less than optimal chargers. SHD is a company jointly launched by Lomiko Technologies and MegaHertz Power Systems Ltd. February 16, 2016, focused on Internet of Things (IoT) devices and EV charging solutions. SHD will continue to execute on its plans to develop, contract manufacture, distribute and sell its Chargers and related devices.

There are currently 130 million established households in North America and a healthy seasonally adjusted annualized rate of 1.3 million housing starts. In addition, offices, hotels and coffee shops are also potential markets for USB charging devices. If only one or two USB charging devices are installed in new homes and retro-fitted into current homes undergoing renovations, there will be a healthy demand for these IoT products. SHD plans to enter into negotiations with IoT distributors to sell the IoT power outlets and other related devices in North American markets. Lomiko will share its network of industry connections to help grow the venture and then enjoy the SHD equity multiplier without being burdened with any engineering, new product development, IP or associated marketing costs as the IoT power outlet and additional suite of IoT products are rolled out.

For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com.

On Behalf of the Board

"A. Paul Gill"

Chief Executive Officer

We seek safe harbor.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210625005409/en/

Contacts

A. Paul Gill
604-729-5312
info@lomiko.com

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

One company to watch right now is Sibanye Gold Limited (SBSW). SBSW is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock has a Forward P/E ratio of 3.52. This compares to its industry's average Forward P/E of 7.35. Over the past year, SBSW's Forward P/E has been as high as 6.84 and as low as 3.15, with a median of 4.37.

We should also highlight that SBSW has a P/B ratio of 2.86. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 3.16. SBSW's P/B has been as high as 4.49 and as low as 2.18, with a median of 3.14, over the past year.

These figures are just a handful of the metrics value investors tend to look at, but they help show that Sibanye Gold Limited is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SBSW feels like a great value stock at the moment.

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Investors interested in stocks from the Mining – Miscellaneous sector have probably already heard of Impala Platinum Holdings Ltd. (IMPUY) and Wheaton Precious Metals Corp. (WPM). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Currently, Impala Platinum Holdings Ltd. has a Zacks Rank of #2 (Buy), while Wheaton Precious Metals Corp. has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that IMPUY has an improving earnings outlook. However, value investors will care about much more than just this.

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

IMPUY currently has a forward P/E ratio of 4.32, while WPM has a forward P/E of 29.25. We also note that IMPUY has a PEG ratio of 0.62. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. WPM currently has a PEG ratio of 5.85.

Another notable valuation metric for IMPUY is its P/B ratio of 2.59. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, WPM has a P/B of 3.40.

These metrics, and several others, help IMPUY earn a Value grade of A, while WPM has been given a Value grade of D.

IMPUY sticks out from WPM in both our Zacks Rank and Style Scores models, so value investors will likely feel that IMPUY is the better option right now.

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Wheaton Precious Metals Corp. (WPM) : Free Stock Analysis Report

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Zacks Investment Research

Elon Musk, one of the most divisive characters in Silicon Valley, saw his net worth explode by over $100 billion in 2020 alone, setting records in wealth accumulation…

And that’s largely thanks to the dramatic rise of the electric vehicle trend that has taken Wall Street by storm.

Tesla (NASDAQ:TSLA) saw its share price skyrocket by over 600% last year…with the EV giant surging past some of the United States’ most influential companies, including Visa, JP Morgan, and Walmart.

Its market capitalization is now sitting at just over half of a trillion dollars…

And its success has paved the way for the entire industry, as well.

From charging infrastructure and battery makers to EV tie-ins, the electrification of everything is well underway.

But this exciting new industry is still in its infancy, and there are a few up-and-comers that could see Tesla-like returns in the coming years.

That’s why we’ve put together a list of some of our favorite EV industry plays that we think are still flying under the radar.

#1 Blink Charging (NASDAQ:BLNK)

Blink Charging was trading at just over $1.50 last May…

But the run-up in electric vehicle stocks has sent this infrastructure play soaring.

In just a year, Blink has seen its share price skyrocket by an astounding 1996%…but this could be just the beginning.

Investors are betting big on the future. It’s an “if you build it, they will come” stock story, and it’s still in its first act.

Blink is building an electric vehicle charging network, and it has explosive potential.

Right now, It’s caught in a positive feedback loop. The bigger the electric vehicle industry becomes, the more potential Blink has.

We recommended this stock back when it was trading at just $10 per share…

But we’re doubling down on the infrastructure boom.

Why? Because U.S. President Joe Biden is closer than ever to sealing a multi-trillion-dollar deal that will prioritize homegrown renewable energy infrastructure.

There are currently only 41,000 EV charging stations in the United States…

And the system is almost comically broken.

This is one space that Tesla absolutely dominates…

Its supercharging network is second to none. But for non-Tesla-owners, there are simply not enough options.

But this could be changing.

Over the next ten years, President Joe Biden is planning on spending billions of dollars to increase the total charging stations in the United States to 550,000.

Just for a little bit of context… there are only about 150,000 gas stations in the United States.

In addition to Biden’s plan to ramp up infrastructure deployment, the President is also looking to replace the entire fleet of government vehicles with EVs…

That means the pressure is on to get this infrastructure locked and loaded.

While there are some private charging initiatives like Tesla’s already being rolled out, they’re unlikely to benefit from Biden’s ambitious infrastructure push…

As Chris Nelder, manager of Carbon-Free Mobility at the Rocky Mountain Institute, explained, “To whatever extent public money is being spent, it should only be spent on sites that are available to the public,” adding, “that’s certainly true for this Biden infrastructure spending plan.”

So while Tesla’s supercharger network has turned a lot of heads…

The real explosion is still to come. And Blink is one of the few companies that already has an edge in this looming infrastructure boom.

#2 Facedrive (TSXV:FD,OTC:FDVRF)

The world is changing, that much is certain.

The largest transfer of wealth in history is currently taking place…

And companies are being forced to adapt or die.

Millennial money is pouring into the stock market, fueled in part by zero fee trading apps…

And the most successful businesses might in future be those with a focus on green energy and technology.

We think that Facedrive, in particular, encapsulates these demands perfectly.

It’s the tie-in of tie-ins because it’s built an entire ecosystem with connetions to the electric vehicle industry.

From ride-sharing to carbon-offset food delivery, it’s captured two rapidly growing segments under a single umbrella.

And it hasn’t stopped there.

They’ve already re-imagined ride-sharing, providing a cutting-edge carbon-offset alternative to the giants of the industry, Uber and Lyft…

But now they’re looking to challenge the notion of car ownership as we know it.

We’ve all read the headlines …

“Millennials Turn Their Back On Car Ownership”

“Millennials Say They'd Give Up Their Cars Before Their Computers or Cell Phones”

“The Reasons Why Millennials Aren't As Car Crazed As Baby Boomers”

And Facedrive saw this coming a mile away.

With its acquisition of Steer, a subscription-based electric vehicle business, users can order a Tesla, Porsche, or Audi EV that will be personally delivered directly to their doorstep.

Not only does this mean you can enjoy the quality and luxury of these top-tier brands, but you can also drive a fully insured electric vehicle when you want it, without having to worry about buying an asset that loses most of its value as soon as you drive it off the lot.

This simple concept effectively allows users the ability to lease any number of vehicles without committing to – or paying an outrageous upfront cost for – one specific car.

This is how you’ll probably drive a Tesla in the future.

Or, an Audi e-Tron.

And this is an important development…

Younger generations just aren’t interested in owning….most things.

Subscription services have grown by leaps and bounds.

From fashion and hygiene to media consumption… And even housing.

The new generations want convenience, freedom, and variety.

This is the ‘subscription economy’…

And the numbers speak for themselves:

Netflix, the de-facto leader of the subscription boom, is currently sitting on a $200 billion market cap…
Selina, an international subscription-based co-working and co-living empire has raised nearly a billion dollars in just a few rounds of VC funding…
Ipsy, a beauty box subscription service, is pulling down more than $500 million in revenue every year…
Even the popular dating app Tinder saw its subscription revenue soar to $1.2 billion in 2020.

There’s a subscription for most everything…And Facedrive (TSXV:FD,OTC:FDVRF) has positioned itself to fit in the middle of the booming new business model and the electric vehicle market that is set to grow exponentially in the years to come.

#3 Fisker (NYSE:FSR)

Fisker is a fairly speculative play in the EV world…

In fact, it won’t even begin producing its electric SUVs until 2023.

But that doesn’t mean it’s not worth watching.

It’s probably one of the most reasonably-priced EV stocks on the market.

It’s a slow burner that’s quietly sealing massive deals while doing its best to stay out of the limelight.

And in a market full of overblown valuations fueled by a hype-machine that just can’t quit…

Fisker is a breath of fresh air.

Fisker is another speculative play. It won’t start producing its EV SUVs until 2023. But again, it’s a story stock that looks a lot like Tesla did in the early days.

Citigroup analyst Italy Michaeli recently picked up coverage of Fisker, with a “Buy” rating and a price target of $26.

Michaeli gets the narrative here, reminding investors that “as a pre-revenue company, Fisker is clearly a higher-risk investment proposition”, but there’s a big reason to be bullish…

Fisker has four long-term advantages here:

It’s making an SUV, which Michaeli says is a good segment to target.
It’s got a strong brand.
It’s got a legacy behind the wheel: Henrik Fisker is Fisker’s founder and he’s a legend in automotive design.
And it’s a massive saver of capital because it has an innovative “asset-light” approach, getting Magna International to assemble its first vehicle.

It’s already got 9,000 advance orders … prepaid.

And when it does come out with its first Ocean SUV, it will be at a $40,000 price point and a super flexible lease set-up that could be incredibly disruptive …and at exactly the right time.

Chinese Electric Vehicle Companies Are Facing Off For Market Dominance

NIO Limited (NYSE:NIO) ) was once just a pipe dream for investors in the EV market. It was even on the brink of bankruptcy But China’s answer to Tesla’s dominance powered on, eclipsed estimates, and most importantly, kept its balance sheet in line. And it’s paid off. In a big way. The company has seen its share price soar from $3.24 at the start of 2020 to a high of $50 earlier this year before falling back to its current price of $38.

Then, in November of 2020, NIO unveiled a pair of vehicles that would make even the biggest Tesla devotees truly contemplate their brand loyalty. The vehicles, meant to compete with Tesla’s Model 3, could be exactly what the company needs to take control of its domestic market.

In addition to its automotive push, however, Nio, Tesla’s largest competitor in China, has also started to offer a batteries-as-a-service concept, in which car buyers can ‘lease’ the battery of their vehicle and save as much as $10,000 on the price of a new vehicle, while also offering buyers the option to swap batteries after a few years of use. And that’s huge news in the lithium world, because it will mean give miners even greater incentive to sign deals with the battery innovator.

Li Auto (NASDAQ:LI) was founded in 2015 by its namesake, Chairman and CEO Li Xiang. And while it may not be a veteran in the market like Tesla or even NIO, it’s quickly making waves on Wall Street.

Backed by Chinese giants Meituan and Bytedance, Li has taken a different approach to the electric vehicle market. Instead of opting for pure-electric cars, it is giving consumers a choice with its stylish crossover hybrid SUV. This popular vehicle can be powered with gasoline or electricity, taking the edge off drivers who may not have a charging station or a gas station nearby.

Though Li just hit the NASDAQ in July, the company has already seen its stock price more than double. Especially in the past month during the massive EV runup that netted investors triple digit returns.

It’s already worth more than $30 billion but it’s just getting started. And as the EV boom accelerates into high-gear, the sky is the limit for Li and its competitors.

XPeng Motors (NYSE:XPEV) is a newcomer in the Chinese electric vehicle boom. Though it only recently went public in the U.S., it’s taken the market by storm. Riding on the coattails of the success of Tesla and NIO, it has carved out its own demand, especially among the younger generation of traders looking for the next big company to blow.

Since its NYSE debut in August, the ambitious electric vehicle company has risen by more than 107% thanks to its promising financials and growing demand for its stylish vehicles.

In addition to retail interest, Xpeng has also received a ton of interest from Big Money. Earlier this year the company raised over $500 million from the likes of Aspex, Coatue, Hillhouse Capital and Sequoia Capital China, and even more recently, secured another $400 million from heavy hitters such as Alibaba, Qatar Investment Authority and Abu Dhabi’s sovereign wealth fund Mubadala.

As the demand for electric vehicles continues to grow, newcomers like Xpeng provide an excellent opportunity for investors to jump on this undeniable trend even if the missed out on Tesla’s meteoric rise to glory.

Due in large part to its exposure to the renewable energy market, Celestica’s (TSX:CLS) future is tied hand-in-hand with the green energy boom that’s sweeping the world at the moment. It helps build smart and efficient products that integrate the latest in power generation, conversion and management technology to deliver smarter, more efficient grid and off-grid applications for the world’s leading energy equipment manufacturers and developers.

Like the rest of the market, Celestica fell victim to the massive selloff sparked by the global COVID-19 pandemic, seeing its share price fall into the $2 range in March 2020. Since then, however, the stock price has soared by nearly 400% to its current trading price of $8.60.

Blink Charging (NASDAQ:BLNK) is an energy storage company with a focus on developing and deploying smart, flexible, cost-effective batteries to the grid. They are currently working on their first project in Southern California where they provide all-electric utility transportation services for the City of San Diego. Blink's goal is to create a more sustainable world by providing clean, reliable power for everyone.

And it’s paying off. Blink has risen by over 1500% since this time last year. And the sky is the limit for this up-and-comer. A wave of new deals, including a collaboration with EnerSys to deploy electric vehicles and charging stations adds further support.

Michael D. Farkas, for his part, the founder, CEO and Executive Chairman of Blink noted, “This is an exciting collaboration with EnerSys because it combines the industry-leading technologies of our two companies to provide user-friendly, high powered, next-generation charging alternatives. We are continuously innovating our product offerings to provide more efficient and convenient charging options to the growing community of EV drivers.”

Tesla Inc. (NASDAQ:TSLA) is an American automotive and energy company based in Palo Alto, California. Founded by Elon Musk in 2003, the company specializes in electric cars, lithium-ion battery energy storage, solar panels and also sells its products online. Tesla's first car was the Roadster sports car which became a reality when they began accepting orders for it on July 22nd 2008. The company has gone through many ups and downs over the years but recently they have been experiencing more success than ever before with their Model S sedan that received critical acclaim from both Consumer Reports as well as Motor Trend magazine who named it Car of the Year 2013.

Tesla was the talk of Wall Street in 2020. Throughout the year, the de facto king of electric vehicles dominated headlines and defied expectations. The meteoric rise by Tesla stock has seen CEO Elon Musk leapfrog several billionaires including Bill Gates to become the second-richest man on earth with a net worth of over $155 billion. Musk even briefly surpassed Jeff Bezos at one point to become the richest man in the world.

Maxar Technologies (NYSE:MAXR, TSX:MAXR) is a high flying tech stock to watch in the energy transition. Why? Its wholelly-owned subsidiary, SSL, a designer and manufacturer of satellites used by government and commercial enterprises, has pioneered research in electric propulsion systems, lithium-ion power systems and the use of advanced composites on commercial satellites. These innovations are key because they allow satellites to spend more time in orbit, reducing costs and increasing efficiency. And it’s greener than traditional power sources.

Maxar has seen its share of up and downs, but investors are finally taking note on its true potential. While it slumped a little bit earlier in the year, it’s finally starting to gain some traction. And as the company snags more deals, it could very well continue to climb.

Lithium Americas Corp. (NYSE:LAC, TSX:LAC) is one of North America’s most important and successful pure-play lithium companies. And it’s not ignoring the growing demand from investors for responsible and sustainable mining, either. In fact, one of its primary goals is to create a positive impact on society and the environment through its projects. This includes cleaner mining tech, strong workplace safety practices, a range of opportunities for employees, and strong relationships with local governments to ensure that not only are its employees being taken care of, but locals as well.

Lithium Americas is well-positioned to ride the wave of growing lithium demand in the years to come. It’s already raised nearly a billion dollars in equity and debt, showing that investors have a ton of interest in the company’s ambitious plans, and it will likely continue its promising growth and expansion for years to come.

Magna International (TSX:MG) isn’t necessarily an EV producer, but it is a great way to gain exposure to the EV – and by extension ESG – market without betting big on one of the new hot automaker stocks tearing up Robinhood right now.

More than a decade ago, Magna International was already making major moves in the battery market, investing over half a billion dollars in battery production while the market was still in its infancy. At the time, electric vehicles as we know them had barely hit the scene, with Tesla launching its premiere car just two years prior. Magna’s massive investment has paid if in a big way, however. Since its battery bet, the company has seen its valuation soar by tens of billions of dollars, and it has solidified itself as one of the leaders in the business.

Like Magna, Westport Fuel Systems (TSX:WPRT) is another hardware and tech provider in the auto-industry.It builds products to help the transportation industry reduce their carbon footprint. It is an important company to watch as new fuels and new forms of energy take the spotlight. Especially as the world races to leave behind traditional gasoline and diesel-powered vehicles. That’s because, while it is a manufacturing play at heart, it offers a particularly unique way to gain exposure to the alternative fuels market. As a key manufacturer of the hardware needed to build natural gas and other alternative-fueled cars, Westport is definitely a company to watch in this scene.

By. Olu Fashola

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements

Forward looking statements in this publication include that Facedrive will be able to expand to its EV subscription service; that transport in an EV through subscription services will become much more popular and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially. Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides or subscription services as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; Facedrive’s ability to obtain and retain necessary licensing in each geographical area in which it operates; and whether markets justify additional expansion. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) owns a considerable number of shares of FaceDrive (TSX:FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically:

SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company and the writer are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

RISK OF INVESTING. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

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TORONTO, ON / ACCESSWIRE / June 23, 2021 / Tsodilo Resources Limited ("Tsodilo" or the "Company") (TSX-V:TSD) (OTCQB:TSDRF) (FSE:TZO) is pleased to provide an update on its wholly owned Xaudum Iron Project. The Company has entered into a research collaboration endeavor with the Department of Chemical, Materials and Metallurgical Engineering at the Botswana International University of Science and Technology (BIUST) and Morupule Coal Mine (MCM) to undertake metallurgical studies with respect to the potential of generating a Pellet Feed and Direct Reduced Iron (DRI) product from the Xaudum Iron Formation (XIF) utilizing its magnetite and MCM's coal as a reductant. Commercially, these high-grade pellets and DRI product would be used to produce steel within Botswana, the region and internationally.

There is currently a fundamental shift under way within the steel industry with steel producers under pressure to reduce their carbon footprint and produce steel with lower carbon emissions. Carbon emissions (CO₂) account for around 80% of greenhouse gas emissions (GHG), where the steel making market contributes to roughly 6% of global CO₂ emission. Major corporations including steel producers are focusing on decarbonizing as they target carbon neutrality (Fan and Friedmann, 2021). Climate change issues globally and smog lowering related steel mill curbs on sintering and coal usage in China in particular have focused investors towards projects with higher-grade iron content driving the change that is occurring in the type of iron ore consumed by steel mills from lower-grade energy intensive fines that require sintering towards higher-grade ores and steel making products such as pellet feed and DRI materials.

Blast furnace – basic oxygen furnace (BF-BOF) dominate production but are particularly stubborn to decarbonization technology. Direct reduced iron to electric arc furnace (DRI-EAF) production is growing and has far better decarbonization potential. Emission controls and demand for less carbon intensive steel production will become the norm and steel producers demands for DR quality pellet feed will continue to increase. This shift represents significant opportunities for high-grade magnetite projects like the XIF project.

The Company's Metallurgical results show that the XIF magnetite product is expected to be a premium high-grade product containing ⁺67% iron magnetite that will be ideal pellet feed material (see, Press Release of 12/17/2013 on the Company's website). This quality grade will place the XIF in the top 4-5% of producers in the world by Fe grade. High-grade magnetite pellet feeds at 67% Fe and above have been shown to lower GHG emissions compared to standard feed of 62% iron hematite fines (Herbertson and Strezov, 2011). The collaboration study with BIUST and MCM will identify if the XIF magnetite can be further beneficiated to a pellet feed and upgraded to a DRI pellet or similar product using Botswana coal as the reductant. MCM coal has proven to be a viable substitute for reductants in metalliferous ores processing, hence the confidence that it can be viable in the DRI process. This DRI product can then be used to produce steel in electric arc furnaces in Botswana, the region and international markets.

High-grade concentrates and pellets of 67% Fe, such as the XIF products, offer a net environmental benefit over its life-cycle compared to classic lower grade, Direct Shipping Ores (DSO) ~62% Fe hematite fines, by saving carbon emissions in steel production. Where this carbon saving is derived from the inherent differences in the chemical make-up of magnetite vs. hematite, where magnetite is exothermic (adds heat to the reaction); has a higher iron content (higher grade); lower impurities; and, reduces fluxing. High-grade ores over 65% Fe currently command larger price premiums over standard ores (62% Fe) resulting in higher margins for suppliers of high-grade products. The current global drive for lower emission steel production results in steel producers dramatically increasing their demand for these high-grade ores. Converting to pellets and DRI only increases the benefits over sinter feed, as pellets are of uniform size melt at a more equal rate which significantly reduce the time, energy and as such the resultant emissions to produce steel. There will likely be a significant under supply of high purity pellet feed as demand for these high-end materials increases dramatically by steel producers looking to reduce emission output. This demand increase for these high-end materials will also include steel mills that use DRI products as contemplated by the Company. This continued shift towards low emission steel globally means that the high- grade XIF magnetite project is uniquely placed to meet these emerging markets.

The business case for generating pellet feed, DRI products, and low emission steel from the XIF magnetite is just one of the scenarios that are to be evaluated in the Company's current Preliminary Economic Assessment (PEA).

Tsodilo's Chairman and CEO, James M. Bruchs, commented "We are excited by this research collaboration with BIUST and MCB to evaluate the capabilities of generating pellet feed and DRI products for low emission steel production from the XIF magnetite. This extra level of beneficiation within Botswana will create added value and benefits in the form of increased revenue and employment for Botswana. This is just one scenario option amongst several that our PEA will evaluate. The PEA will be a road map for the development of the Xaudum Iron Formation towards production".

About Botswana International University of Science and Technology (BIUST)

The Botswana International University of Science and Technology is a Government of Botswana supported institution established as a research-intensive University that specializes in Engineering, Science and Technology at both undergraduate and graduate (Master's and Doctoral) levels. It aims to increase competitiveness, economic growth and sustainable development; address the shortage of skilled scientists and technologists; increase movement of skilled people across national and boundaries international boundaries; stimulate research, innovation, and technology transfer; improve society's aspirations to improve health, wealth and well-being; address increased demand for access to tertiary education; and enable a more competitive and innovative tertiary education sector.

The University is a national strategic initiative that is intended to serve as one of the key platforms for transforming Botswana's economy and because of its research emphasis, BIUST works with the private sector to meet emerging skills needs of the industry, as well as identifies challenges that can be solved through applied research. (www.biust.ac.bw).

About Morupule Coal Mine (MCM)

Morupule Coal Mine (initially known as Morupule Colliery) was established in 1973 by Anglo American. MCM is currently 100% owned by the Minerals Development Company Botswana (MDCB), itself 100% owned by the government of the Republic of Botswana.

MCM operates a 3 million tonnes per annum (mtpa) mine within a 4 billion tonne classified semi-bituminous thermal coal resource in a fairly favorable geological setting. Current activities exploit reserves of in situ cv of 22-23MJ/kg (adb), supplying mine mouth power plants and other customers. The mine operates its own railway siding that links into the national rail line which transports products to the north and south of the country and into the SADC region. MCM coal has proven to be a viable substitute for reductants in metalliferous ores processing, hence the confidence that it can be viable in the DRI process (www.mcm.co.bw).

Overview

Preliminary work on the Xaudum Iron project has defined a CIM compliant Inferred Mineral Resource Estimate of 441 million tonnes (Mt) with an average grade of 29.4% Fe, 41.0% SiO2, 6.1% Al2O3 and 0.3% P for the Block 1 magnetite XIF. Block 1 is a fraction of the potential XIF magnetite resource. An extrapolated exploration target has defined the XIF to be in the order of 5 to 7 billion tonnes at 15-40% Fe. This exploration target was generated by inversion modelling of ground magnetic geophysical data which was compared and moderated to volumes from drilling data within Block 1 and its potential quantity and grade is conceptual in nature. To date, there has been insufficient exploration to define a mineral resource other than in Block 1 and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

About the XIF Project

the project is located in the North-West District of Botswana and is proximate to the Namibian boarder and lies thirty (30) miles from the town of Divundu in Namibia. The Trans Caprivi Railway (TCR) line linking Zambia and Namibia is planned to pass through Divundu providing access to Walvis Bay, Namibia's deep-sea port. The project is also located within forty-three (43) miles of the proposed Mucusso line to Angola's Namibe Port;
preliminary work on the Xaudum Iron project has defined a CIM compliant Inferred Mineral Resource Estimate of 441 million tonnes (Mt) with an average grade of 29.4% Fe, 41.0% SiO2, 6.1% Al2O3 and 0.3% P for the Block 1 magnetite XIF;
Block 1 is a fraction of the potential XIF magnetite resource. An extrapolated exploration target has defined the XIF to be in the order of 5 to 7 billion tonnes at 15- 40% Fe. This exploration target was generated by inversion modelling of ground magnetic geophysical data which was compared and moderated to volumes from drilling data within Block 1 and its potential quantity and grade is conceptual in nature. To date, there has been insufficient exploration to define a mineral resource other than in Block 1 and it is uncertain if further exploration will result in the target being delineated as a mineral resource. See,Press Release of 9/14/2014on the Company's website for further details;
metallurgical magnetic separation results (Davis Tube Recovery) show an average concentrate of 67.2% Fe, 4.2% SiO2, 0.5% Al2O3, 0.07% P is obtained at P80 grind size of 80 microns, although higher grades are possible at finer P80's. See,Press Release of 12/17/2013 on the Company's website;
further exploration will be focused on Block 2 where the Company expects an increase in the resource;
the XIF Project is a potential large and long-life Tier 1 mining project;
the PEA will evaluate a number of options for development of the project at a variety of scales including:
- non-traditional but potentially profitable small-scale startup mining production options such as Ferrosilicon (FeSi) production from a magnetite concentrate,
- mid-size scenarios, whereby magnetite concentrate would be processed through a concentrator and transported to railhead and onto port facilities;
- large-scale mining options where full-scale mining would produce a magnetite concentrate processed by a concentrator plant with further potential modification to a pellet which would then be transported to port facilities;
Botswana has significant coal reserves which can be a major advantage for the Xaudum Iron project, allowing for coal to be used in the beneficiation process to generate iron products such as iron pellets, sponge iron, pig iron, and also steel; and,
the project would represent the first iron deposit to be considered for development in Botswana. Gcwihaba has identified the project as having the potential to positively impact the future economy of Botswana as the country looks to diversify its economy, and help Botswana to reach its goal of moving away from a dependence on diamond revenues.

For more information, refer to the technical report prepared by SRK Consulting (UK) Ltd. for Gcwihaba Resources (Pty) Ltd. titled "Mineral Resource Estimate for the Xaudum Iron Project (Block 1), Republic of Botswana" with an effective date of August 29, 2014 and filed on SEDAR under the Company's profile at www.sedar.com .

An informational presentation of the project can be found on the Company's website at www.tsodiloresources.com/i/pdf/3)-Tsodilo-Iron-Project-Overview_March-2021.pdf.

References

Z. Fan and S. J. Friedmann, 2021. Low-carbon production of iron and steel: Technology options, economic assessment, and policy. Joule, Volume 5, Issue 4. Columbia SPIA, Center on Global Energy Policy article.

J. Herbertson and L. Strezov, 2011. Implications for Australian Magnetite Industry of the Introduction of a Price/Tax on Carbon. The Crucible Group, June 2011. Submitted to the Joint Select Committee on Australia's Clean Energy Future Legislation by the Magnetite Network (MagNet).

About Tsodilo Resources Limited

Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond, metal deposits and industrial stone at its Bosoto (Pty) Limited ("Bosoto"), Gcwihaba Resources (Pty) Limited ("Gcwihaba") and Newdico (Pty) Ltd. ("Newdico) projects in Botswana and its Idada 361 (Pty) Limited ("Idada") project in Barberton, South Africa. The Company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana and the PL216/2017 diamond prospection license also in the OKF. The Company has a 100% stake in its Gcwihaba project area consisting of seven metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The Company has a 100% interest in its Newdico industrial stone project located in Botswana's Central District. Additionally, Tsodilo has a 70% stake in Idada Trading 361 (Pty) Limited which holds the gold and silver exploration license in the Barberton area of South Africa. Tsodilo manages the exploration of the Newdico, Gcwihaba, Bosoto and Idada projects. Overall supervision of the Company's exploration program is the responsibility of Dr. Alistair Jeffcoate, Project Manager and Chief Geologist of the Company and a "qualified person" as such term is defined in National Instrument 43-101.

FOR FURTHER INFORMATION PLEASE CONTACT:

James M. Bruchs	Chairman and Chief Executive Officer	JBruchs@TsodiloResources.com
Dr. Alistair Jeffcoate	Project Manager and Chief Geologist	Alistair.Jeffcoate@tsodiloresources.com
Head Office	Telephone +1 416 572 2033	Facsimile + 1 416 987 4369
Website	http://www.TsodiloResources.com

SOURCE: Tsodilo Resources Limited

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In this article, we discuss the 10 best nickel stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Nickel Stocks to Buy Now.

The demand for nickel has been rising in the past few years as it becomes important to the electric vehicle industry. Nickel, previously used as a corrosion resistant material by the steel industry, has exploded in value with the mass production of cheap electronic devices, most of which make use of the metal in manufacturing. According to Research and Markets, the global production of the metal is expected to cross 2.76 million tons within the next two years. This represents a compound annual growth rate of close to 3% for the nickel industry.

A few mining companies poised to use the high demand for the precious metal to their advantage in the near future include Vale S.A. (NYSE: VALE), the Brazilian mining firm, BHP Group (NYSE: BHP), the Australian global resources company, and Rio Tinto Group (NYSE: RIO), the United Kingdom-based multinational metals corporation. On April 26, Vale S.A. (NYSE: VALE) posted earnings per share of $1.09 for the first quarter of 2021, beating market predictions by $0.06. The company is also considering a spinoff of its base metals division.

Meanwhile, BHP Group (NYSE: BHP) has also been enjoying a stellar start to the new year. On May 18, CEO Mike Henry spoke at a mining conference and said that the future outlook for commodities was compelling as the COVID-19 stimulus packages of the government helped lift the demand for raw materials for an extended period of time. Henry also outlined that the industry was evolving to the advantage of BHP, which had close to 25% of its mining portfolio in futuristic commodities like nickel and copper.

Rio Tinto Group (NYSE: RIO), the second-largest mining firm in the world, has also been adapting to changes in the mining sector by engaging in projects that make the firm more environmentally stable in the long-term. As one of the largest nickel producers, the company feels it has a responsibility to the clean energy industry to develop a sustainable market ecosystem. In this regard, the firm has recently pledged to stop using hydrogen in aluminum refining in order to cut down on emissions.

The demand for nickel has been a source of disruption in the mining industry that is usually reliant on other precious metals for revenue. Larger market forces have been reshaping entire industries in the past few years. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and February 26th 2021 our monthly newsletter’s stock picks returned 197.2%, vs. 72.4% for the SPY. Our stock picks outperformed the market by more than 124 percentage points (see the details here). We were also able to identify in advance a select group of hedge fund holdings that significantly underperformed the market. We have been tracking and sharing the list of these stocks since February 2017 and they lost 13% through November 16th. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

Image by Tshekiso Tebalo from Pixabay

With this context in mind, here is our list of the 10 best nickel stocks to buy now. These were selected keeping in mind their relevance to the nickel industry, hedge fund sentiment, and the business fundamentals driving the earnings of each company.

Best Nickel Stocks to Buy Now

10. PolyMet Mining Corp. (NYSE: PLM)

Number of Hedge Fund Holders: N/A

PolyMet Mining Corp. (NYSE: PLM) is a mining company with interests in copper, nickel, cobalt, gold, silver, and platinum, among other metals. It is placed tenth on our list of 10 best nickel stocks to buy now. The stock has offered investors returns exceeding 29% over the course of the past four weeks. One of the top projects of the firm is the NorthMet, a polymetallic project located in Minnesota and covering an area of more than 4,000 hectares. Copper-nickel mines are part of the natural resource project.

In February, PolyMet Mining Corp. (NYSE: PLM) stock jumped to a six-month high, climbing 16% in a single day as the top court in Minnesota ruled in favor of the firm in a case involving a clean air permit issued to the firm by the pollution agency of the state.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in PolyMet Mining Corp. (NYSE: PLM) with 304,746 shares worth more than $963,000.

Just like Vale S.A. (NYSE: VALE), BHP Group (NYSE: BHP), and Rio Tinto Group (NYSE: RIO), PolyMet Mining Corp. (NYSE: PLM) is one of the best nickel stocks to buy now.

9. Haynes International, Inc. (NASDAQ: HAYN)

Number of Hedge Fund Holders: 11

Haynes International, Inc. (NASDAQ: HAYN) is a company that makes and sells nickel and cobalt-based alloys. These are corrosion resistant and are used in jet engines, gas turbines, and industrial heating equipment, among other places. The firm is ranked ninth on our list of 10 best nickel stocks to buy now. The company’s shares have returned 60% to investors over the course of the past year. Haynes has a market capitalization of just under $500 million and posted over $380 million in revenue last year.

Haynes International, Inc. (NASDAQ: HAYN) is one of the best options on the market when it comes to dividend payments. On April 29, the company declared a quarterly dividend of $0.22 per share, in line with previous. The forward yield was more than 3%.

At the end of the first quarter of 2021, 11 hedge funds in the database of Insider Monkey held stakes worth $56 million in Haynes International, Inc. (NASDAQ: HAYN), down from 13 the preceding quarter worth $42 million.

Just like Vale S.A. (NYSE: VALE), BHP Group (NYSE: BHP), and Rio Tinto Group (NYSE: RIO), Haynes International, Inc. (NASDAQ: HAYN) is one of the best nickel stocks to buy now.

8. Sibanye Stillwater Limited (NYSE: SBSW)

Number of Hedge Fund Holders: 16

Sibanye Stillwater Limited (NYSE: SBSW) is a South African mining company that focuses on precious metals. The company produces gold, nickel, copper, chrome, and other metals. The firm has mining interests in Africa and South America. The company has seen profits soar in recent weeks as the prices of basic materials rise and demand for nickel, used in premier electronic products, rises. It is placed eighth on our list of 10 best nickel stocks to buy now. The stock has returned 106% to investors over the past twelve months..

On June 1, Sibanye Stillwater Limited (NYSE: SBSW) stock soared by close to 7% after the company announced a share buyback program to repurchase 5% of ordinary stock till April next year, affirming that the buyback would not impact dividend payments for shareholders.

Out of the hedge funds being tracked by Insider Monkey, Connecticut-based investment firm AQR Capital Management is a leading shareholder in Sibanye Stillwater Limited (NYSE: SBSW) with 5.2 million shares worth more than $93 million.

Just like Vale S.A. (NYSE: VALE), BHP Group (NYSE: BHP), and Rio Tinto Group (NYSE: RIO), Sibanye Stillwater Limited (NYSE: SBSW) is one of the best nickel stocks to buy now.

In its Q1 2021 investor letter, Desert Lion Capital, an asset management firm, highlighted a few stocks and Sibanye Stillwater Limited (NYSE: SBSW) was one of them. Here is what the fund said:

“Sibanye is a South African gold and platinum group metals (“PGM”) producer with mines in South Africa and the U.S. Established in 2012, it has since become one of South Africa’s largest gold producers and the largest PGM producer in the world. Sibanye also operate a PGM recycling facility and own a majority interest in DRDGOLD, a specialist in the recovery of gold and other precious metals from open pit tailings.

The investment thesis incorporates the following logic:

If central banks globally are going to continue printing money unabated, precious metals prices should rise.

The drive for cleaner and greener is accelerating. The market for platinum, palladium and rhodium is structurally attractive.

The company is generally mischaracterized. Ask around, and one will find that most people still refer to Sibanye as “a South African gold miner” with “lots of debt from that Stillwater acquisition.”

It is not quick and easy to ramp up PGM supply in response to higher demand and prices. Favorable supply-demand characteristics will likely remain favorable for longer.

Bad capital allocation decisions, corporate excesses, and resultant tarnished reputations from the previous boom period are still fresh in the minds of most mining executives. Neal Froneman has proven himself a disciplined capital allocator. His approach to capital allocation is straightforward: deploy capital at expected returns that enhances value to shareholders or distribute it via dividends and buybacks.

The company is debt-free and generating heaps of cash.

The valuation is cheap. At current metal prices, Sibanye is trading at about 5 times after-tax cash profits.

Sibanye is effectively a call option on a potential commodity super cycle. In the meantime, the value of our “option” is unlikely to deteriorate as we are rewarded with healthy dividend flows.”

7. Materion Corporation (NYSE: MTRN)

Number of Hedge Fund Holders: 17

Materion Corporation (NYSE: MTRN) is ranked seventh on our list of 10 best nickel stocks to buy now. The company’s shares have returned 36% to investors over the past year. The firm makes and sells advanced engineering materials. These are used in making semiconductors, as well as in products used by the aerospace and defense industries. The company is famous for the production of copper and nickel in a variety of forms, including plate, bar, wire, rod, and others.

On April 29, Materion Corporation (NYSE: MTRN) posted earnings for the first quarter of 2021, reporting earnings per share of $0.82, beating market predictions by $0.22. The revenue for the first three months of 2021 was $354 million, up more than 27% year-on-year.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in Materion Corporation (NYSE: MTRN) with 421,511 shares worth more than $27 million.

Just like Vale S.A. (NYSE: VALE), BHP Group (NYSE: BHP), and Rio Tinto Group (NYSE: RIO), Materion Corporation (NYSE: MTRN) is one of the best nickel stocks to buy now.

6. Mechel PAO (NYSE: MTL)

Number of Hedge Fund Holders: 3

Mechel PAO (NYSE: MTL) is a Russian mining company that has stakes in the power and steel businesses as well. It is placed sixth on our list of 10 best nickel stocks to buy now. The stock has returned 20% to investors over the past twelve months. The company is one of the top suppliers of nickel to the Russian government through the Southern Urals Nickel Plant. This nickel is used for defense needs when countries in the West refuse to export nickel to the Russian Federation.

In quarterly earnings results, posted on May 20, Mechel PAO (NYSE: MTL) reported a revenue of RUB76 billion for the first quarter of 2021, up close to 13% compared to the revenue for the first three months of last year.

At the end of the first quarter of 2021, 3 hedge funds in the database of Insider Monkey held stakes worth $3 million in Mechel PAO (NYSE: MTL), down from 4 in the previous quarter worth $2.8 million.

Just like Vale S.A. (NYSE: VALE), BHP Group (NYSE: BHP), and Rio Tinto Group (NYSE: RIO), Mechel PAO (NYSE: MTL) is one of the best nickel stocks to buy now.

Click to continue reading and see 5 Best Nickel Stocks to Buy Now.

What’s Aiding FMC?

The company is seeing healthy demand for its products in a couple of regions. There is robust demand in North America backed by strong crop commodity prices. Strong demand was also witnessed in soybean and sugarcane applications in Brazil throughout 2020 and the same is expected to continue in 2021. In Australia, the demand for herbicides remains strong. It also experienced higher demand for diamides and other insecticides in specialty crops in Asia, in 2020. It also expects growth in the global crop protection market this year, on an improvement in crop commodity prices and reducing effects of the pandemic on crop demand.

Moreover, the company remains committed to expanding its market position and investing in its research and development (R&D) pipeline to offer new technologies to its customers and enhance value creation for the farmers. New product launches in Europe, North America and Asia are contributing to volume growth. It expects new products to contribute $400 million (including $100 million from products launched in 2021) in sales this year.

Additionally, it remains focused on returning value to shareholders. It returned around $343 million to shareholders through dividends and share repurchases in 2020 and expects to generate significant free cash flow (of $530-$620 million) in 2021. It expects to buy back stock worth $400-$500 million and payout dividends of nearly $250 million in 2021. The company returned $137 million to shareholders in the most recent quarter through dividend and share repurchases.

Few Challenges

Cost headwinds are a concern for the company. It is facing challenges like higher supply-chain costs, partly due to supply disruptions from production issues in countries like China and India amid the coronavirus outbreak. It is seeing rising costs for some raw materials and active ingredients due to supply constraints. The company expects cost headwinds of $40-$50 million associated with raw material and logistics cost increases in 2021. It is also exposed to cost headwinds stemming from higher R&D investments in 2021.

It also faced volume pressure in the last reported quarter. Volumes declined 4% in the quarter, hurt by a decline in cotton acreage in Brazil and discontinued registrations in the EMEA. Prevailing softness in the cotton business in Brazil is expected to be a headwind for the company through the first half of 2021. A significant increase in coronavirus cases in India and Brazil may also negatively impact agricultural markets across these countries over the near term and hurt demand for its products.

FMC Corporation Price and Consensus

FMC Corporation price-consensus-chart | FMC Corporation Quote

Stocks to Consider

Some better-ranked stocks in the basic materials space are Olin Corporation OLN, Univar Solutions Inc. UNVR and Tronox Holdings PLC TROX, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Olin has a projected earnings growth rate of 506.7% for the current year. The company’s shares have soared 273.6% in a year.

Univar has a projected earnings growth rate of 35.2% for the current year. The company’s shares have risen 50.3% in a year.

Tronox has a projected earnings growth rate of 242.9% for the current year. The company’s shares have jumped 174.9% in a year.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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FMC Corporation (FMC) : Free Stock Analysis Report

Olin Corporation (OLN) : Free Stock Analysis Report

Tronox Holdings PLC (TROX) : Free Stock Analysis Report

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Zacks Investment Research

Vancouver, British Columbia and Johannesburg, South Africa–(Newsfile Corp. – June 22, 2021) – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") announced today that Mr. Enoch Godongwana has been appointed as a non-executive independent director to the Company's board, bringing the number of directors to seven. Mr. Godongwana obtained an Msc degree in Financial Economics from University of London in 1998 and has served in numerous roles in government, trade unions and industry. Mr. Godongwana brings invaluable knowledge of the South African business environment. He spent the early part of his career working for the National Union of Metal Workers of South Africa, holding a number of key roles until becoming General Secretary. He went on to hold a number of South African governmental roles, including Deputy Minister of Public Enterprises of the Government of South Africa from 2009 to 2010, Deputy Minister of Economic Development from 2010 to 2012 and member of Parliament from 2009 to 2011. Mr. Godongwana is currently serving as the non-executive Chair of the Development Bank of Southern Africa and is a non-executive director of Mondi plc.

Platinum Group CEO R. Michael Jones commented, "We are very pleased to welcome Enoch Godongwana to the Board of the Company. His extensive South African experience will be a valuable asset to the Company as we work through the financing and development of the world class Waterberg Palladium, Platinum and Gold Mine."

About Platinum Group Metals Ltd.

Platinum Group is the operator of the Waterberg Project, a bulk underground deposit in northern South Africa. Waterberg was discovered by the Company and a definitive feasibility study concluded it can be one of the largest fully mechanised, low cost platinum group metals mines in the world with palladium as the dominant metal. Platinum Group Metals is also co-founder of Lion Battery Technologies with Anglo American working on cutting edge patented technology to put palladium and platinum in lithium batteries.

On behalf of the Board of
Platinum Group Metals Ltd.

R. Michael Jones
CEO and Director

For further information contact:
R. Michael Jones, President
or Kris Begic, VP, Corporate Development
Platinum Group Metals Ltd., Vancouver
Tel: (604) 899-5450 / Toll Free: (866) 899-5450
www.platinumgroupmetals.net

Disclosure

The Toronto Stock Exchange and the NYSE American have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

This press release may contain forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of U.S. securities laws (collectively "forward-looking statements"). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include, but are not limited to the Waterberg Project becoming one of the largest and potentially lowest cash cost underground platinum group metals mines globally, financing and mine development of the Waterberg Project, the market for platinum group metals, the potential of platinum group metals in batteries, and Lion Battery Technologies' development of next generation battery technology. Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors. The Company directs readers to the risk factors described in the Company's Form 20-F annual report, annual information form and other filings with the Securities and Exchange Commission and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88211

The Chemours Company’s CC shares have shot up roughly 26% over the past six months. It is benefiting from higher demand for Opteon in mobile applications, strong execution and cost-cutting measures.

We are positive on the company’s prospects and believe that the time is right for you to add the stock to the portfolio as it looks promising and is poised to carry the momentum ahead.

Chemours currently carries a Zacks Rank #2 (Buy) and a VGM Score of A. Our research shows that stocks with a VGM Score of A or B, combined with a Zacks Rank #1 (Strong Buy) or 2, offer the best investment opportunities for investors.

Let's see what makes this chemical maker an attractive investment option at the moment.

Price Performance

Shares of Chemours have rallied 35.3% year to date against the 8.2% rise of its industry. It has also outperformed the S&P 500’s 10.9% rise over the same period.

Image Source: Zacks Investment Research

Estimates Northbound

Over the past two months, the Zacks Consensus Estimate for Chemours for the current year has increased around 16.9%. The consensus estimate for 2022 has also been revised 10% upward over the same time frame. The favorable estimate revisions instill investor confidence in the stock.

Positive Earnings Surprise History

Chemours has outpaced the Zacks Consensus Estimate in each of the trailing four quarters. In this time frame, it has delivered an earnings surprise of 55.2%, on average.

Attractive Valuation

Valuation looks attractive as Chemours’ shares are currently trading at a level that is lower than the industry average, suggesting that the stock still has upside potential.

Going by the EV/EBITDA (Enterprise Value/ Earnings before Interest, Tax, Depreciation and Amortization) multiple, which is often used to value chemical stocks, Chemours is currently trading at trailing 12-month EV/EBITDA multiple of 10.45, cheaper compared with the industry average of 11.53.

Superior Return on Equity (ROE)

ROE is a measure of a company’s efficiency in utilizing shareholder’s funds. ROE for the trailing 12-months for Chemours is 43.3%, above the industry’s level of 11.3%.

Growth Drivers in Place

Chemours is benefiting from increasing adoption of the Opteon platform and growing applications of fluoropolymers, especially in automotive, electronics and energy end-markets. The company remains is committed toward driving Opteon adoption. The company is seeing higher demand for Opteon in mobile applications. It is ramping up production at the new low-cost Opteon Corpus Christi facility.

The company also stands to gain from its efforts to reduce costs. It is undertaking actions to cut costs by reducing overhead, discretionary spend and capital expenditures. The company, in 2020, benefited from its $160-million cost-management program aimed toward enhancing financial flexibility.

The company’s cost-reduction program along with its productivity and operational improvement actions across its businesses are also expected to support margins in 2021.

The Chemours Company Price and Consensus

The Chemours Company price-consensus-chart | The Chemours Company Quote

Stocks to Consider

Other top-ranked stocks worth considering in the basic materials space include Nucor Corporation NUE, Cabot Corporation CBT and Impala Platinum Holdings Limited IMPUY.

Nucor has a projected earnings growth rate of 344.9% for the current year. The company’s shares have surged around 127% in a year. It currently sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Cabot has an expected earnings growth rate of around 126% for the current fiscal. The company’s shares have rallied 56% in the past year. It currently carries a Zacks Rank #2.

Impala Platinum has an expected earnings growth rate of 225.2% for the current fiscal. The company’s shares have surged around 129% in the past year. It currently carries a Zacks Rank #2.

5 Stocks Set to Double

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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Nucor Corporation (NUE) : Free Stock Analysis Report

Cabot Corporation (CBT) : Free Stock Analysis Report

Impala Platinum Holdings Ltd. (IMPUY) : Free Stock Analysis Report

The Chemours Company (CC) : Free Stock Analysis Report

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Zacks Investment Research

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2021) – Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced drilling on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. Following a successful winter drill season of high grade copper intersections on the 2.8 kilometre long Rafuse target, RTEC will follow up drilling on the structurally controlled mineralization encountered in Hole JANL00028 grading 0.86% copper and 8.02 g/t silver over 14 metres, including 6m of 1.67% copper and 13.6 g/t silver and stratabound mineralization encountered in Hole JANL0023 grading 0.325% copper and 2.04 g/t silver over 48 metres, including 1.78% copper and 9.25 g/t silver over 3.15 metres (see news releases dated May 25 and June 9, 2021). In addition, RTEC will continue its regional exploration of the 52km extent of prospective sedimentary copper/silver mineralization on Forum's 100% owned claims (Figure 1). The limited drilling by RTEC to date has shown that multiple occurrences of shallow copper mineralization amenable to open pit mining are present and are working to find more.

RTEC has planned the following program through to September:

Estimated ten holes for a total of 2,800 metres on the Rafuse target.
A LIDAR survey over the full extent of the property to locate outcrop through the forest canopy and interpret glacial geology to aid in geochemical prospecting.
RTEC has assembled a larger team of geologists and prospectors to continue the initial mapping and prospecting undertaken in 2020. The focus will be to increase the density of mapping and prospecting in prospective areas already identified by mapping and to map/prospect in areas that were not reached in 2020.

Ken Wheatley, P.Geo., Forum's VP, Exploration and Qualified Person under National Instrument 43-101, has reviewed and approved the contents of this news release.

About Forum Energy Metals

Forum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal projects being drilled in 2021 by the Company and its major mining company partners Rio Tinto and Orano for copper/silver, uranium and nickel/platinum/palladium in Saskatchewan, Canada's Number One Rated mining province for exploration and development. In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt. For further information: www.forumenergymetals.com

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo.
President & CEO

Figure 1: Janice Lake Project: Areas of Exploration for Summer 2021. The area of historic drilling is the center circle. Further mapping / prospecting to be done in area of mineralized boulder. Further mapping to be completed in north part of the project.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4908/88106_2ddd6c1104d1daad_003full.jpg

For further information contact:

NORTH AMERICA

Rick Mazur, P.Geo., President & CEO
mazur@forumenergymetals.com
Tel: 778-772-3100

UNITED KINGDOM

Burns Singh Tennent-Bhohi, Director
burnsstb@forumenergymetals.com
Tel: 074-0316-3185

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88106

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2021) – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces that it, along with Eastplats Acquisition Co. Ltd and Eastern Platinum Holdings Limited, has agreed with the defendants and certain other parties to settle and dismiss the outstanding lawsuits filed in the British Columbia Supreme Court Action No. S-186503 and Action No. S-179666 and to settle certain related disputes. Details concerning these lawsuits were previously described in the Company's press releases and corporate filings.

The settlements of the filed lawsuits provide for an amount of CAD $4,000,000 in cash to be paid to the Company. The terms of the settlements are confidential and no party to them has admitted any wrongdoing or liability.

About Eastern Platinum Limited

Eastplats owns directly and indirectly a number of PGM and chrome assets in the Republic of South Africa. All of the Company's properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's known PGM-bearing ore.

Operations at the Crocodile River Mine currently include re-mining and processing its tailings resource, from the Barplats Zandfontein UG2 tailings facility, with offtakes of chrome and PGM concentrates to the Company's offtake parties.

For further information, please contact:

EASTERN PLATINUM LIMITED
Wylie Hui, Chief Financial Officer and Corporate Secretary
whui@eastplats.com (email)
(604) 800-8200 (phone)

Cautionary Statement Regarding Forward-Looking Information

This press release contains "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "will", "plan", "intends", "may", "could", "expects", "anticipates" and similar expressions. Further disclosure of the risks and uncertainties facing the Company and other forward-looking statements are discussed in the Company's most recent Annual Information Form available under the Company's profile on www.sedar.com.

In particular, this press release contains forward-looking statements pertaining to the settlement of claims seeking damages and return of funds to the Company. These forward-looking statements are based on assumptions made by and information currently available to the Company. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties and readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results to differ materially from the beliefs, plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, commodity prices, economic conditions, currency fluctuations, competition and regulations, legal proceedings and risks related to operations in foreign countries. All forward-looking statements in this press release are expressly qualified in their entirety by this cautionary statement and the "Cautionary Statement on Forward-Looking Information" section contained in the Company's most recent Management's Discussion and Analysis available under the Company's profile on www.sedar.com.

The forward-looking statements in this press release are made as of the date they are given and, except as required by applicable securities laws, the Company disclaims any intention or obligation, and does not undertake, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88093

TORONTO, ON / ACCESSWIRE / June 21, 2021 / Tsodilo Resources Limited ("Tsodilo" or the "Company") (TSXV:TSD) (OTCQB:TSDRF) (FSE:TZO) is pleased to announce that the Ministry of Mineral Resources, Green Technology and Energy Security ("MMGE") in Gaborone, Botswana has granted the renewal of Prospection License 369/2014 for a two-year period commencing October 1, 2021. The license area contains the Company's BK16 kimberlite project

The diamondiferous BK16 kimberlite pipe is located within the Orapa Kimberlite Field ("OKF") in Botswana and contains rare and valuable Type IIa diamonds. BK16 is located 37 kilometers (km) east-southeast of the Orapa Diamond Mine AK01, 25 km southeast of the Damtshaa Diamond Mine, and 13 km north-northeast of the Letlhakane Diamond Mine, all operated by Debswana and 28 km east-northeast from Lucara Diamond Corporation's Karowe Mine (AK6). The OKF has produced such notable diamonds as the 1,109 carat 'Lesedi La Rona' and the 813 carat 'Constellation' from Lucara Diamond Corporation's Karowe (AK6) mine.

Tsodilo's Chairman and CEO, James M. Bruchs, commented "We are pleased that the MMGE has renewed the BK16 license which will allow us to move into our Phase II evaluation program which will be a surface bulk sample of 20,000 tonnes of kimberlite which will enhance the work already undertaken and increase confidence in the value of the diamonds and grade as we move closer to developing this asset."

BK16

The diamondiferous BK16 kimberlite pipe is approximately 6 hectares in size at surface and is known to contain rare and valuable Type IIa diamonds. A mini-bulk sampling program was undertaken to obtain an initial determination of the quality and value of the BK16 diamonds. This was successfully undertaken via fourteen (14) 24-inch Large Diameter Drilling (LDD) totaling 3,121 meters. 2,077 tonnes (callipered) of kimberlite were extracted. From this extraction, 243 individual bulk samples were processed at the Company's dense media separation (DMS) plant ahead of X-Ray diamond separation and final hand sorting at the Company's secure recovery unit. The diamond recovery resulted in 509 diamonds weighing 78.403 carats which were studied for value and size frequency distribution (SFD) modelling to model the SFD of the BK16 kimberlite which showed the following:

successfully demonstrated the potential of the BK16 kimberlite to host high value diamonds between US$ 281 to US$ 792 per carat;
successfully confirmed the presence of Type IIa diamonds where 3.8% of the diamonds were identified as high-quality Type IIa diamonds consisting predominantly of D color stones; and,
SFD of the diamonds recovered from the LDD samples indicated that the size distribution of BK16 could be coarser than several producers in southern Africa. There are indications that BK16 could have a broadly similarly coarse shaped size distribution to that of the Lucara's Karowe Mine (Botswana), Petra Diamonds' Premier Mine (South Africa), and Lucapa Diamond's Mothae Mine (Lesotho).
successfully confirmed the potential of BK16 to host large special stones of +10.8 carats where size frequency distribution analysis indicates that 2% to 5% of the total carats may be greater than 10.8 carats (specials) (which compares favorably with Lucara Diamond Corp.'s Karowe Mine (AK6) production of specials).

This SFD modeling led to a scoping level range analysis Techno-economic modelling of the deposit using some defined variables and options for developing the project. This range analysis suggests that a positive NPV project is possible. The range analysis suggests that at diamond values around $350/ct the target could support a well-managed toll treatment operation. As the value increases to $500-550 it would be viable to contemplate a variety of low-capital intensity operations. At values above $600-650/ct the strategy of a developing a stand-alone full-size operation should be pursued. Still further alternatives involved the utilization of other processing plants in the OKF that are operating beneath their capacity.

These encouraging results suggest that BK16 has the potential to become a mineable asset and justifies moving on to Phase II which is to increase the number of carats significantly by processing a far larger sample which will lead to an increase in the certainty of the grade and diamond value. The Phase II program will consist of the following:

extract 20,000 metric tonnes of kimberlite to obtain 800 to 1,600 carats of diamonds;
to significantly improve the understanding of the grade of the deposit in carats per hundred tonnes (cpht);
solidify further the accuracy of the high diamond value in US$ per carat;
further confirm the presence and quality of the Type IIa diamond population;
confirm the presence of larger stones and demonstrate that BK16 will be a significant producer of special stones above 10.8 carats and >100 carat stones;
define an inferred resource; and,
further refine the accuracy of the economic fundamentals of the project to move towards detailed feasibility studies and ultimately mining.

The envisioned Phase II surface bulk sampling of this type constitutes standard industry practice for diamond exploration of kimberlites like BK16 to gain enough carats for an effective economic analysis. The Phase II bulk sample design will be a basic small and shallow box-cut style sample. Twenty-five (25) meters of over-burden will be stripped to expose the kimberlite below resulting in a depth of the box-cut design of 30 – 35 meters. Engineering studies undertaken into this surface bulk sample were comprised of a geotechnical characteristic study; a sample location optimization study to maximize number of diamonds; and, a final optimized pit design optimization which construct a box-cut design specifications optimized pit shell that takes into account geotechnical parameters and grade and tonnage considerations. This final design was signed off by the independent engineers. Further to this, a detailed rehabilitation plan was created that meets statutory requirements and will ensure the workings and facilities are safe and restore the environment to as close as possible to its natural state.

For more information about the work undertaken (Phase I) and the next stages of work please see (Phase II and beyond), please see the following presentation on our diamond projects on the website at http://www.tsodiloresources.com/i/pdf/Tsodilo_Diamond_Projects_December-2020.pdf

About Tsodilo Resources Limited

Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond, metal deposits and industrial stone at its Bosoto (Pty) Limited ("Bosoto"), Gcwihaba Resources (Pty) Limited ("Gcwihaba") and Newdico (Pty) Ltd. ("Newdico) projects in Botswana. The Company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana and the PL216/2017 diamond prospection license also in the OKF. The Company has a 100% stake in its Gcwihaba project area consisting of seven metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The Company has a 100% interest in its Newdico industrial stone project located in Botswana's Central District. Tsodilo manages the exploration of the Newdico, Gcwihaba, and Bosoto projects. Overall supervision of the Company's exploration program is the responsibility of Dr. Alistair Jeffcoate, Project Manager and Chief Geologist of the Company and a "qualified person" as such term is defined in National Instrument 43-101.

FOR FURTHER INFORMATION PLEASE CONTACT:

James M. Bruchs	Chairman and Chief Executive Officer	JBruchs@TsodiloResources.com
Dr. Alistair Jeffcoate	Project Manager and Chief Geologist	Alistair.Jeffcoate@tsodiloresources.com
Head Office	Telephone +1 416 572 2033	Facsimile + 1 416 987 4369
Website	http://www.TsodiloResources.com

SOURCE : Tsodilo Resources Limited

View source version on accesswire.com:
https://www.accesswire.com/652408/BK16-Update-Renewal-of-Prospecting-License-and-Commencement-of-Phase-II-Evaluation

Investors interested in Chemical – Diversified stocks are likely familiar with Dow Inc. (DOW) and FMC (FMC). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.

Right now, Dow Inc. is sporting a Zacks Rank of #2 (Buy), while FMC has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that DOW has an improving earnings outlook. However, value investors will care about much more than just this.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

DOW currently has a forward P/E ratio of 9.25, while FMC has a forward P/E of 15.65. We also note that DOW has a PEG ratio of 0.34. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. FMC currently has a PEG ratio of 1.42.

Another notable valuation metric for DOW is its P/B ratio of 3.18. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, FMC has a P/B of 4.76.

Based on these metrics and many more, DOW holds a Value grade of A, while FMC has a Value grade of C.

DOW is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that DOW is likely the superior value option right now.

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