The industry with the highest increase in US stocks on Wednesday was mining companies in the precious metals sector.
The second-highest-ranked stocks were South African concept stocks.
Coincidentally, the stock with the highest increase in the precious metals sector was $Sibanye Gold Limited(SBSW)$
Data from Tiger trade: Data as of April 16th.
$Sibanye Gold Limited(SBSW)$ is a South African mining company focused on the production of platinum group metals (PGMs), $Gold - main 2506(GCmain)$ and uranium.
Sibanye Gold Limited's main business is the mining and processing of precious metals. The company operates globally through its subsidiaries, involving precious metals such as gold and platinum group metals, which are widely used in industrial, jewelry and investment fields. The company's business model mainly relies on the mining, processing and sales of minerals, as well as investing in mining projects through royalties and streaming agreements.
The company's profitability indicators show a profit margin of -6.51%, a return on assets of -3.85%, a return on equity of -11.43%, revenue of 112.13B, a net income of -7.3B, and diluted earnings per share of -$0.5400.
Currently, Sibanye Stillwater's stock price is $4.91, and the average target price of $5.05 means that from the current price, there is about 2.85% upside in the next 12 months.
The comment section contains some basic information and expectations of other companies in the above first chart.
Comments
Fluctuations in metal prices directly affect the company's profitability. According to Vox Royalty Corp., operating cash flow in the third quarter of 2024 reached CA$5,333,752, an increase of 82% over the same period in 2023.
In 2023, Vox Royalty's royalty income is expected to be between $11 million and $13 million, showing the company's strong performance in the royalty field. In addition, the company also announced a quarterly dividend of CA$0.012 per share, further enhancing its attractiveness to investors.
According to Zacks Investment Research, based on three analysts’ short-term target prices, $Vox Royalty Corp(VOXR)$ has an average target price of $4.20. WalletInvestor.com predicts that VOXR’s stock price could reach $16.653 on October 31, 2029.
The company's actual net profit (NPAT) in 2024 is -$32.65, earnings per share (EPS) is -$15.00, price-earnings ratio (PER) is 0.00, dividend yield (Yield) is 0.00%, and dividend payout ratio (Franking) is 0.0%.
The expected net profit (NPAT) in 2025 is C2, earnings per share (EPS) is $1.40, price-earnings ratio (PER) is 171.60, dividend yield (Yield) is 0.00%, and dividend payout ratio (Franking) is 0.0%.
$IPERIONX LTD SPON ADS EACH REP 10 ORD SHS(IPX)$ price targets: Bell Potter: IPX is rated a "speculative buy" with a price target of $5.90. Fintel: The average one-year price target is $6.40, with a range of $5.96 to $6.98. Benzinga: The consensus price target is $22.17.
- Revenue growth: The company's quarterly revenue reached US$24.4 million, a significant increase of 95% year-on-year. This increase was mainly due to increased mineral production and higher silver and gold prices.
- Gross profit improvement: Gross profit reached US$10.5 million, a surge of 308% year-on-year. This significant improvement was attributed to increased revenue, lower unit costs and favorable changes in the US dollar-Mexican peso exchange rate.
- Strong cash flow: Cash generated from operating activities was US$15.6 million, an increase of more than 2,000% year-on-year, demonstrating the company's strong cash generation capabilities. Pre-tax mine operating cash flow was US$11.9 million, an increase of 230% year-on-year.
- Net income and earnings per share: Net income was $5.1 million, and earnings per share were $0.03, a significant increase of 804% year-on-year. Adjusted net income was $10 million, and earnings per share were $0.07, a year-on-year increase of 405%.
- EBITDA growth: Earnings before interest, taxes, depreciation and amortization (EBITDA) were $9.1 million, a year-on-year increase of 712%, reflecting a significant increase in the company's profitability.
Roth MKM analyst Joseph Reagor: Maintain "buy" rating, target price raised from $1.9 to $2
The company's revenue in the fourth quarter of 2024 was 2.204 million Canadian dollars, an increase from the previous quarter. Net profit in the fourth quarter was -1.203 million Canadian dollars, still in a loss state. Operating cash flow per share in the fourth quarter was -0.03, indicating that the company's current operating cash flow is relatively tight.
Royal Bank of Canada gave $Metalla Royalty & Streaming Ltd(MTA)$ a "sector perform" rating with a target price of US$4.5. This rating and target price reflect the market's expectations for the company's investment potential and future development in the precious metal mining field.
Platinum Group Metals Ltd is a mid-sized company in the platinum group metals industry. Its Waterberg project is expected to become one of the world's largest underground platinum group metals mines.
Major competitors in the platinum group metals industry include Impala Platinum, Sibanye-Stillwater and Norilsk Nickel.
In terms of company financials, for the six months ended February 28, 2025: The company's net loss was $2.25 million, an improvement from $2.37 million in the same period last year. General and administrative expenses: $2 million, an increase from $1.82 million in the same period last year. Basic and diluted losses per share were both $0.02.
According to a report by StockNews, the average analyst target price for $Platinum Group Metals(PLG)$ is $3.48
2. Its core projects include:
- Neves Project: A hard rock lithium project located in Minas Gerais, Brazil, which plans to produce lithium concentrate through open-pit mining and processing.
- Salinas Project: Located about 60 miles north of the Neves Project, spodumene-rich pegmatites have been discovered and further geological and geophysical studies are underway.
- Financial data: In the third quarter of 2024, operating income was US$18.279 million and net profit was -US$5.6596 million. Earnings per share (TTM) -US$0.60. The current ratio is 3.54, indicating that the company has a strong short-term debt repayment ability. The return on equity (ROE) is -36.37% and the return on total assets (ROA) is -14.88%, indicating that the company still needs to improve its profitability.
According to MarketBeat data, the consensus target price of $Atlas Lithium Corporation(ATLX)$ is $33.17, the highest target price is $55.00, and the lowest target price is $19.00.