Latest news with #SamCrittenden
Business Insider
08-05-2025
- Business
- Business Insider
RBC Capital Sticks to Their Buy Rating for Capstone Copper (CSCCF)
In a report released yesterday, Sam Crittenden from RBC Capital maintained a Buy rating on Capstone Copper (CSCCF – Research Report), with a price target of C$12.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Crittenden covers the Basic Materials sector, focusing on stocks such as Teck Resources, Ivanhoe Mines, and Capstone Copper. According to TipRanks, Crittenden has an average return of 16.4% and a 54.25% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Capstone Copper with a $7.98 average price target. The company has a one-year high of $8.49 and a one-year low of $3.51. Currently, Capstone Copper has an average volume of 231.1K. Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CSCCF in relation to earlier this year.
Business Insider
08-05-2025
- Business
- Business Insider
RBC Capital Sticks to Their Hold Rating for Warrior Met Coal (HCC)
In a report released yesterday, Sam Crittenden from RBC Capital maintained a Hold rating on Warrior Met Coal (HCC – Research Report), with a price target of $60.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Crittenden covers the Basic Materials sector, focusing on stocks such as Teck Resources, Ivanhoe Mines, and Capstone Copper. According to TipRanks, Crittenden has an average return of 16.4% and a 54.25% success rate on recommended stocks. In addition to RBC Capital, Warrior Met Coal also received a Hold from Benchmark Co.'s Nathan Martin in a report issued on May 1. However, on the same day, Financial maintained a Buy rating on Warrior Met Coal (NYSE: HCC). Based on Warrior Met Coal's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $299.94 million and a GAAP net loss of $8.17 million. In comparison, last year the company earned a revenue of $503.51 million and had a net profit of $136.99 million
Business Insider
08-05-2025
- Business
- Business Insider
Labrador Iron Ore (LIF) Gets a Hold from RBC Capital
RBC Capital analyst Sam Crittenden maintained a Hold rating on Labrador Iron Ore (LIF – Research Report) yesterday and set a price target of C$36.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Crittenden is a 5-star analyst with an average return of 16.4% and a 54.25% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Teck Resources, Ivanhoe Mines, and Capstone Copper. Labrador Iron Ore has an analyst consensus of Hold, with a price target consensus of C$33.50.
Business Insider
08-05-2025
- Business
- Business Insider
RBC Capital Keeps Their Buy Rating on Champion Iron (CIA)
RBC Capital analyst Sam Crittenden maintained a Buy rating on Champion Iron (CIA – Research Report) yesterday and set a price target of C$8.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Crittenden covers the Basic Materials sector, focusing on stocks such as Teck Resources, Ivanhoe Mines, and Capstone Copper. According to TipRanks, Crittenden has an average return of 16.4% and a 54.25% success rate on recommended stocks. In a report released on May 1, Citi also maintained a Buy rating on the stock with a A$7.30 price target. The company has a one-year high of C$7.11 and a one-year low of C$3.29. Currently, Champion Iron has an average volume of 420.5K. Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CIA in relation to earlier this year.
Yahoo
19-02-2025
- Business
- Yahoo
'I'm pretty surprised': Hudbay CEO comments on Canadian miner's double-digit stock drop
Hudbay Minerals ( slashed its 2025 production guidance on Wednesday, sending shares of the Canadian miner down over 17 per cent in early trading. Headquartered in Toronto, Hudbay bills itself as the third-largest copper producer in Canada, with operations in British Columbia and Manitoba, as well as Peru, and the United States. While the bulk of its revenue comes from copper, the miner is also a producer of gold, silver, and zinc. On Wednesday, the company forecast consolidated copper production of 133,000 tonnes and consolidated gold production of 277,750 ounces. Hudbay said gold production in 2025 is expected to be lower than in 2024, due to lower high-grade ore feed from its Pampacancha site in Peru. "Guidance was lowered across the board from previous expectations,' RBC Capital Markets analyst Sam Crittenden wrote on Wednesday. 'We expect a negative reaction from Hudbay shares.' The company reported fourth-quarter and full year 2024 financial results before the opening bell. Toronto-listed Hudbay shares fell 12.67 per cent to $11.09 as at 12:40 p.m. ET on Wednesday. Speaking on a conference call with analysts, Hudbay president and CEO Peter Kukielsk commented on the stock's sharp decline. "I've kind of watched the market's reaction today to our results, and frankly, I'm pretty surprised, because 2024 was an outstanding year, and 2025 will be another strong year of delivery with stable production, stable costs, [and] outstanding margins," he said. "So, perhaps it's just a bad day in the market, but I think it has been driven by what we've described in Peru." Kukielsk says the company experienced more mining dilution and ore losses than expected in one of the high-grade areas of its Pampacancha site in the South American country. Hudbay expects the Pampacancha deposit to be depleted in early December 2025. In the fourth quarter, the company said higher realized gold prices and strong copper production in Peru boosted financial results. In the final three months of the year, the company booked US$584.9 million in revenue, up 20 per cent from the prior quarter, but about three per cent lower year-over-year. On top of its forecast for weaker production in 2025, Hudbay said it expects US$580 million in capital spending next year, up about 66 per cent from the US$350.1 million spent in 2024. Analysts on Wednesday's conference call asked about the impact of Canada's weakening currency versus the U.S. dollar. Copper, gold, and other metals from Hudbay's mines are priced in American currency. "A 10 per cent change in the Canadian-U.S. exchange rate is about a US$60 million impact on cash flow and EBITDA (earnings before interest, taxes, depreciation, and amortization)," chief financial officer Eugene Lei said on the call. "It's a pretty significant increase in cash flows and that affects both the B.C. business and the Manitoba business." Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android. Sign in to access your portfolio
