Following earnings results that showed a smaller-than-expected loss in the first quarter, rare-earth minerals miner Molycorp (NYSE: MCP ) surged 31% high on Friday as investors seemed thankful that the modernization of its main Mountain Pass mine hasn't been derailed. But with the company still reporting losses and the weakness it experienced in 2012 expected to continue well into 2013, should investors really be all that excited?
I'd say no. Until Mountain Pass comes online, the processing it hoped to achieve will have to be cut, and there's the possibility it may have to resort to asset sales to keep the money coming in and to control costs going out. Last year it was all too willing to continuously tap the equity markets to finance its operations but dilute shareholders in the process.
Canadian REE miner Tasman Metals�is looking for yttrium prices to fall as low as $20 per kilogram and both lanthanum and cerium to fall as well. Molycorp says those two elements are its main focus (they comprise 83% of bastnasite ore in Mountain Pass), and if prices slide 15%, its cash balances would drop by $30 million. A 15% decline in volumes would mean a 10% drop in cash balances. With�Tasman's customers seeing a "vast oversupply" in these metals, we can expect Molycorp's financial situation to degrade.
Top Canadian Stocks To Invest In 2014: NRG Energy Inc.(NRG)
NRG Energy, Inc., together with its subsidiaries, operates as a wholesale power generation company. The company engages in the ownership, development, construction, and operation of power generation facilities. It also involves in the transacting in and trading of fuel and transportation services; the trading of energy, capacity, and related products in the United States and internationally; and the supply of electricity, energy services, and cleaner energy and carbon offset products to retail electricity customers in deregulated markets. The company operates natural gas- fired, coal- fired, oil-fired, nuclear, solar, and wind power plants. As of December 31, 2010, it had power generation portfolio of 193 operating fossil fuel and nuclear generation units with an aggregate generation capacity of approximately 24,570 megawatt (MW), as well as ownership interests in renewable facilities with an aggregate generation capacity of 470 MW. The company portfolio also includes appr oximately 24,035 MW generation capacity in the United States, and 1,005 MW generation capacity in Australia and Germany. In addition, it has a district energy business with steam and chilled water capacity of approximately 1,140 megawatts thermal equivalent. NRG Energy, Inc. was founded in 1989 and is headquartered in Princeton, New Jersey.
Advisors' Opinion:- [By Travis Hoium]
NRG Energy (NYSE: NRG ) and Edison International (NYSE: EIX ) are starting to make this transition. NRG has built a solar leasing subsidiary called Residential Solar Solutions, and Edison International subsidiary Southern California Edison was one of the first utilities to embrace solar, with a 250 MW plan for commercial solar in 2008. The parent company, Edison International also recently invested equity in Clean Power Finance itself so it's hoping to profit from the company's growing finance presence.�
- [By Travis Hoium]
Another way to profit from high electricity usage is to buy companies that profit from electricity prices by owning power-generating assets. NRG Energy (NYSE: NRG ) has both utility and power generation assets and is one of the largest solar power owners in the world. Exelon (NYSE: EXC ) is another power generator that pays investors back with a solid 4% dividend yield. As power usage rises and prices go up these companies make money for those who own their stocks.
Top Canadian Stocks To Invest In 2014: Swisher Hygiene Inc.(SWSH)
Swisher Hygiene Inc. provides hygiene and sanitation solutions in North America and internationally. Its solutions include cleaning and sanitizing products and services designed to promote cleanliness and sanitation in commercial and residential environments. The company involves in the sale of consumable products, such as soaps, paper, cleaning chemicals, detergents, and supplies, together with the rental and servicing of dish machines and other equipment for the dispensing of those products; sale and rental of facility service items requiring regular maintenance and cleaning, such as floor mats, mops, and bar towels; provision of manual cleaning services for facilities; and provision of solid waste collection services. It serves customers in a range of end-markets, including foodservice, hospitality, retail, industrial, and healthcare industries. Swisher Hygiene Inc. offers its services through 69 company owned operations and 10 franchise operations located throughout th e United States and Canada; and through 10 master license agreements covering the United Kingdom, Ireland, Portugal, the Netherlands, Singapore, the Philippines, Taiwan, Korea, Hong Kong, Macau, China, and Mexico. The company was founded in 1986 and is headquartered in Charlotte, North Carolina.
Advisors' Opinion:- [By Lisa Levin]
Swisher Hygiene (NASDAQ: SWSH) shares touched a new 52-week low of $0.732. Swisher Hygiene appointed William Pierce as its new president and CEO.
Territorial Bancorp (NASDAQ: TBNK) shares touched a new 52-week low of $21.31. Territorial Bancorp shares have dropped 9.43% over the past 52 weeks, while the S&P 500 index has gained 16.18% in the same period.
5 Best Safest Stocks To Own Right Now: Agnico-Eagle Mines Limited(AEM)
Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. The company primarily explores for gold, as well as silver, copper, zinc, and lead. Its flagship property includes the LaRonde mine located in the southern portion of the Abitibi volcanic belt, Canada. The company was founded in 1953 and is based in Toronto, Canada.
Advisors' Opinion:- [By vaninaegea]
In august, the Association of Equipment Manufacturers (AEM) published the mid-year review for the agricultural sector. Their findings point to a slowdown for the industry, highlighting a 9.5% decline on exports through the first half of 2013. Also, late soybean planting in the USA is expected to compound the industry�� slowdown. So, what are the prospects for AGCO (AGCO), CNH Global (CNH), and Deere & Co. (DE) under such conditions?
Top Canadian Stocks To Invest In 2014: Eldorado Gold Corp(EGO)
Eldorado Gold Corporation, together with its subsidiaries, engages in the discovery, exploration, development, production, and reclamation of gold properties in Brazil, the People?s Republic of China, Greece, and Turkey. It operates the Kisladag gold mine in Turkey; the Jinfeng, Tanjianshan, and White Mountain gold mines in the People?s Republic of China; and the Vila Nova iron ore mine in Brazil. The company?s development projects include the Efemcukuru gold mine in Turkey, the Eastern Dragon gold mine in the People?s Republic of China, the Perama Hill gold project in Greece, and the Tocantinzinho gold project in Brazil. As of December 31, 2010, Eldorado Gold Corporation had 18.7 million ounces of proven and probable gold reserves. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.
Advisors' Opinion:- [By Ben Levisohn]
Bridges favorite stocks include Goldcorp, Newmont, Eldorado Gold (EGO) and New Gold (NGD).
Note, however, that these recommendations are all qualified in one way or another. Investors should keep that in mind before going all in on the gold miners.
- [By Jack Adamo, Editor, Jack Adamo's Insiders Plus]
Quarterly results are a real crap-shoot. With that in mind, let's examine the good and bad points at Eldorado Gold Corp. Ltd. (EGO).
Eldorado has mines in Greece, Turkey, Brazil, China, and Romania. However, as of year-end 2012, 53% of production came from Turkey and 45% from China.
- [By Patricio Kehoe]
After reaching a three-month high, gold prices fell once again following the announcement of a possible strike on Syria. Considering investors are already skeptical when it comes to gold mining firms, due to their cyclical nature, Yamana Gold Inc. (AUY) and Eldorado Gold Corp (EGO) have a lot to prove.
Top Canadian Stocks To Invest In 2014: Everest Re Group Ltd.(RE)
Everest Re Group, Ltd., together with its subsidiaries, underwrites reinsurance and insurance in the United States (the U.S.), Bermuda, and international markets. The company operates in five segments: U.S. Reinsurance, U.S. Insurance, Specialty Underwriting, International, and Bermuda. The U.S. Reinsurance segment writes property and casualty reinsurance, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies within the United States. The U.S. Insurance segment offers property and casualty insurance primarily through general agents, brokers, and surplus lines brokers in the U.S. The Specialty Underwriting segment writes accident and health, marine, aviation, and surety business within the U.S. and worldwide through brokers and directly with ceding companies. The International segment offers non-U.S. property and casualty reinsurance. The Bermuda segment provides reinsurance and insurance to worldwide property and cas ualty markets and reinsurance to life insurers through brokers and directly with ceding companies, as well as offers reinsurance to the United Kingdom and European markets. The company was founded in 1973 and is based in Liberty Corner, New Jersey.
Advisors' Opinion:- [By John Emerson]
Last August, I purchased Everest Re (RE) when it fell within the value parameters outlined in today's article. I wrote an article about the stock titled: Everest Re: Low Risk High Reward http://www.gurufocus.com/news/143388/everest-re-low-risk-high-reward
Top Canadian Stocks To Invest In 2014: (AUQ)
AuRico Gold Inc. engages in the exploration, development, and production of gold and silver projects and properties in Canada, Mexico, and Australia. Its principal property includes the Ocampo mine covering approximately 15,000 hectares located in Chihuahua State. The company was formerly known as Gammon Gold Inc. and changed its name to AuRico Gold Inc. in June 2011. AuRico Gold Inc. was founded in 1986 and is based in Toronto, Canada.
Advisors' Opinion:- [By Rich Duprey]
Wishing to provide investors with a means of�acquiring additional shares of the gold miner's common stock, AuRico Gold (NYSE: AUQ ) said its board of directors declared it would be initiating -- effective immediately -- a dividend reinvestment plan that enables shareholders to�reinvest the cash dividends paid on their stock.
- [By Sean Williams]
Then there's the company's El Cubo mine, which it purchased in 2012 from AuRico Gold (NYSE: AUQ ) with a combination of its own shares and cash for up to $250 million ($50 million is contingent on mine productivity over a three-year period). As fellow Fool Christopher Barker has commented previously, AuRico did a disastrous job of managing the El Cubo mine, which leaves Endeavour with a tremendous opportunity to reap the rewards of AuRico's failures.
- [By Rich Duprey]
Gold miner�AuRico Gold (NYSE: AUQ ) announced today�its second-quarter dividend of $0.04 per share, the second dividend payment it's made since initiating the program earlier this year.�The board of directors said the quarterly dividend is payable on July 29 to the holders of record at the close of business on July 15.�
Top Canadian Stocks To Invest In 2014: China Metro-Rural Holdings Limited(CNR)
China Metro-Rural Holdings Limited, through its subsidiaries, primarily engages in the development and operation of agricultural logistics and trade centers in northeast China. It also involves in purchasing, processing, assembling, merchandising, and distributing pearls and jewelry products. The company markets its pearls and jewelry products to wholesale distributors and mass merchandisers in Europe, the United States, Hong Kong, and other parts of Asia. In addition, it develops, sells, and leases residential and commercial properties in Hong Kong and the People?s Republic of China. The company is based in Tsimshatsui, Hong Kong.
Advisors' Opinion:- [By Katie Brennan]
Canadian National Railway Co. (CNR) added 0.9 percent to C$104.93 and Canadian Pacific Railway Ltd. rose 1.7 percent to C$131.73.
Niko Resources surged 3.4 percent to $8.64 after the company entered an agreement for a $60 million loan that will be funded by a group of institutional investors. Net proceeds from the loan will be used to fund working capital requirements.
Top Canadian Stocks To Invest In 2014: Canadian Pacific Railway Limited(CP)
Canadian Pacific Railway Limited, through its subsidiaries, operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. It transports bulk commodities, including grain, coal, sulphur, and fertilizers; merchandise freight; finished vehicles and automotive parts; forest products, which include wood pulp, paper, paperboard, newsprint, lumber, panel, and oriented strand board; and industrial and consumer products comprising chemicals, energy, and plastics, as well as mine, metals, and aggregates. The company provides rail and intermodal transportation services over a network of approximately 14,700 miles serving the principal business centers of Canada, from Montreal to Vancouver, British Columbia; and the Midwest and Northeast regions of the United States. Canadian Pacific Railway Limited was founded in 1881 and is headquartered in Calgary, Canada.
Advisors' Opinion:- [By Marshall Hargrave]
Ackman and Pershing's largest position remains Canadian Pacific Railway (NYSE: CP). Back in 2011, Ackman launched a campaign to oust CP's CEO and install the former CEO of rival railroad company Canadian National. Ackman was successful, and the stock has been on a tear ever since, nearly tripling from his original investment.
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