Hot mining stocks right now – Magic Post

Hot mining stocks right now

 – Magic Post

Global mining companies face a great deal of uncertainty heading into 2025. The ongoing geopolitical turmoil has been both a help and a hindrance – at times pushing investors towards safe-haven assets such as precious metals, but also making operations for many mining companies more difficult. . The possibility of the policies of the second Trump administration also represents a major question mark. On the one hand, tariffs can have a severe negative impact on the industry; On the other hand, analysts expected that a more favorable petitioning process for non-US companies could make the process of establishing operations within the US – an extremely difficult process for mining companies – somewhat easier.

There is no easy answer to the question of how mining stocks will perform in the coming months. However, investors interested in this area may want to look at companies with unusually high trading volumes compared to the broader industry. A number of companies stand out for their high trading volumes in the month ending 19 December 2024, including Vale SA New York Stock Exchange: ValeCleveland Cliffs Company New York Stock Exchange: CLFKinross Gold Company. New York Stock Exchange: KGC.

Vale: Opportunity to buy while stocks are falling

Like many other mining companies, Brazilian iron ore producer Vale saw its share price decline in 2024, with its stock price falling by about 43% in the year ending December 19, 2024. Currency depreciation and changing interest rates likely contributed to the that. This performance, as happened with fluctuations in iron ore prices.

Valley stock forecast today

12-month stock price forecast:
$14.38
He catches
Based on 10 analyst ratings
High expectations $19.00
Average expectations $14.38
Low expectations $11.30

Vale stock forecast details

However, there are many reasons why investors might be bullish on Vale in the long term, and an increase in trading volume could indicate additional activity surrounding the stock while the price is relatively low. Fundamentally, Vale appears to be undervalued, with a P/E ratio of 0.96 and a Forward P/E ratio of 4.2.

The company also has a strong cash flow yield of 14% expected for 2025, thanks to modest production costs, which should allow it to continue boosting its earnings. Currently, the company’s dividend yield stands at an impressive 10.4%, with a sustainable payout ratio of 42.1%. The company’s 30-day trading volume is more than 439 million.

Cleveland Cliffs: Local steelmaker poised for growth

Cleveland Cliffs is another iron ore miner, and its stock performed worse than Valley last year, falling more than 55% over the same time period. However, the company November acquisition of Stelco Holdings— a move that makes it the largest maker of flat-rolled steel in North America — is likely to provide benefits including supply chain optimization and cost reductions in 2025 and beyond.

Cleveland Cliffs stock forecast today

12-month stock price forecast:
$17.22
He catches
Based on 11 analyst ratings
High expectations $23.00
Average expectations $17.22
Low expectations $11.00

Details of Cleveland Cliffs stock forecast

It is also possible that Cleveland-Cliffs could be a beneficiary of the Trump administration’s tariffs, since it is an American company with operations in the United States.

The company’s P/E ratio after selling its shares throughout 2024 is an attractive 0.24, and analysts have set Cleveland-Cliffs a consensus price target of $17.39, more than 84% above the stock price as of December 19.

This may have contributed to the company’s 30-day trading volume of over 208 million.

Kinross: Record free cash flow, debt repayment

Kinross Gold’s share price history through 2024 looks very different to the companies mentioned above. The gold miner’s shares were up more than 47% in the past year as of Dec. 19; Like many other gold mining stocks, it rose with the price of gold throughout most of the year. However, shares are down 9% in the past month as of the same date.

Kinross gold stock forecast today

12-month stock price forecast:
$11.13
Moderate purchase
Based on 3 analyst ratings
High expectations $12.00
Average expectations $11.13
Low expectations $10.00

Kinross Gold stock forecast details

One of Kinross’ highlights is its strong free cash flow. to Third quarterthe company reported a record high of more than $414 million in free cash flow, bringing the total for the first three quarters of the year to nearly $906 million.

This allowed the company to pay off approximately $350 million in debt, significantly reducing its debt load.

Combine this with production that remains strong despite the slight decline, and it’s easy to see why investors are trading KGC stock on a single-month volume of more than $212 million.

Take a broader view

Trading volume is just one measure related to a company’s stock activity, and investors should keep in mind that high trading volumes do not necessarily mean that the value of a company’s shares will rise. However, the three companies mentioned above have various other indicators that may force investors to think about them heading into 2025.

Before you consider Kinross Gold, you’ll want to hear this.

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