Citi predicts rebound for European miners
4th Nov 2020 11:23
(Sharecast News) - Citi named Anglo American, Rio Tinto and Polymetal International as its top metals and mining picks as the bank predicted earnings recovery and higher dividends for the sector.
Read moreFriday broker round-up
23rd Oct 2020 13:54
(Sharecast News) - Kainos Group: Berenberg upgrades to buy with a target price of 1,480p.
Read moreFresnillo cuts FY gold production guidance
21st Oct 2020 07:59
(Sharecast News) - South American miner Fresnillo cut full year gold production guidance due to coronavirus-related disruption and lower ore grades.
Read moreBofA sees gold hitting $3,000/oz., silver at $50/oz.
5th Aug 2020 11:34
(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.
Read moreWednesday broker round-up
29th Jul 2020 13:29
(Sharecast News) - Sanne: RBC Capital Markets reiterates sector performer with a target price of 600.0p.
Read morePeso-dollar movement puts dent in Fresnillo profits
28th Jul 2020 07:33
(Sharecast News) - Fresnillo reported gross profit of $321.2m (£249.75m) in its first half on Tuesday, up 56.3%, which included a $65.1m benefit from the reassessment of the recoverable gold inventories on the leaching pads at Herradura, although a shift in the value of the Mexican peso dented its overall profitability.
Read moreFresnillo shares surge as the price of silver jumps
22nd Jul 2020 14:23
(Sharecast News) - Shares of precious metals miners were flying on Wednesday as the US dollar weakened and, arguably, as investors sought out safe havens in the wake of another flare-up in US-China diplomatic tensions.
Read moreFresnillo lowers gold production guidance amid Covid restrictions
22nd Jul 2020 07:41
(Sharecast News) - Fresnillo reported a 2.8% quarter-on-quarter improvement in silver production for its second quarter on Wednesday, to 13.6 million ounces, although year-on-year production was down 5.7%, while it also lowered its gold production guidance for the year amid the Covid crisis.
Read moreFresnillo reports lower gold and silver production
29th Apr 2020 08:19
(Sharecast News) - Fresnillo said it would keep production guidance under review during the Covid-19 crisis as the precious metals miner reported lower output of gold and silver in the first quarter.
Read moreBofA hikes target for gold 18 months ahead by half
21st Apr 2020 12:10
(Sharecast News) - Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
Read moreFriday broker round-up
17th Apr 2020 13:45
(Sharecast News) - Ferguson: Credit Suisse upgrades to neutral with a target price of 6,181p.
Read moreFTSE 100 movers: Insurers, precious metals miners pace gains
9th Apr 2020 20:31
(Sharecast News) - Insurers' shares paced the market advance at the end of the holiday-shortened week, benefiting from the general 'risk-on' environment and positive analyst chatter.
Read moreFTSE 100 risers: Oil majors, insurers power 'bear market' rally
24th Mar 2020 16:24
(Sharecast News) - Shares of oil majors BP and Royal Dutch Shell powered Tuesday's bear market rally on the Footsie, alongside big advances for insurers and some beaten down travel stocks.
Read moreFTSE 250 movers: Finablr wacked on account of NMC, Premier Oil lower
10th Mar 2020 14:53
(Sharecast News) - Payments and foreign exchange platform Finablr was the worst performer on the second-tier index after UAE-focused hospital operator, NMC Health, disclosed, shortly before the close of trading, that its debt pile was nearer the $5bn mark and not the $2.1bn that it reported on 30 June 2019.
Read moreKingfisher, TUI and NMC Health drop out of FTSE 100
5th Mar 2020 11:14
(Sharecast News) - Kingfisher, TUI and NMC Health have dropped out of the FTSE 100 in the index's quarterly reshuffle.
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