Best Metals & Minerals Stock to buy 2012: Gold miners expect the price of the precious metal to continue rising in 2012 and are updating their mining plans accordingly, Price water house Coopers said.In its annual Gold Price Report, PwC said that 80% of mining companies surveyed expect the price of gold to continue to increase this year, with the majority of respondents expecting gold to peak at $2,000 a troy ounce in 2012.
The survey was based on responses from 40 gold companies representing 26.5 million ounces of gold mined in 2011, and 37.75 million ounces to be mined in 2012.
For 2012 the average price that will be used by executives in their mine planning is $1,420/oz, compared with $1,130/oz in 2010. The price that executives plan to apply to their 2011 reserves varies from $850/oz to $1,650/oz, with 32% applying a price of $1,200/oz.Gold companies are seeking to attract more investors by boosting their dividends and plowing cash into acquisitions.
The survey was based on responses from 40 gold companies representing 26.5 million ounces of gold mined in 2011, and 37.75 million ounces to be mined in 2012.
For 2012 the average price that will be used by executives in their mine planning is $1,420/oz, compared with $1,130/oz in 2010. The price that executives plan to apply to their 2011 reserves varies from $850/oz to $1,650/oz, with 32% applying a price of $1,200/oz.Gold companies are seeking to attract more investors by boosting their dividends and plowing cash into acquisitions.
To say 2012 has been unkind to coal stocks, is to put things mildly. As measured by the Market Vectors Coal ETF (NYSE: KOL ), the largest of the two ETFs devoted to coal stocks, has plunged 30% year-to-date. Part of the that slack performance can be tied to concerns that the global economy is slowing, which in turns spells bad news for a high-beta sector like coal.
Molycorp Inc. (MCP)- Molycorp (MCP) was up week last week.New support located at $23 and resistance area is $30. Share of Molcorp (MCP) trade under $30 November which is good for 1/2 long my position for 2012, I am long for 2nd half go long for low $23s. I believe that stock could see $50 stock next 12 months.This is my one of the Top Pick for 2012.
Walter Energy, Inc. (NYSE:WLT) is the 7th most profitable stock in this segment of the market. Its net profit margin was 15.80% for the last 12 months. Its operating profit margin was 24.94% for the same period. Resistance area is $58.75 and support level at $53.
Peabody Energy Corporation (NYSE:BTU) is the 9th most profitable stock in this segment of the market. Its net profit margin was 12.77% for the last 12 months. Its operating profit margin was 18.97% for the same period.Resistance area is $37 and support level at $31.
Walter Energy, Inc. (NYSE:WLT) is the 7th most profitable stock in this segment of the market. Its net profit margin was 15.80% for the last 12 months. Its operating profit margin was 24.94% for the same period. Resistance area is $58.75 and support level at $53.
Peabody Energy Corporation (NYSE:BTU) is the 9th most profitable stock in this segment of the market. Its net profit margin was 12.77% for the last 12 months. Its operating profit margin was 18.97% for the same period.Resistance area is $37 and support level at $31.
Alpha Natural Resources (NYSE: ANR): Alpha Natural Resources has one of the ugliest charts in the coal sector. That's a fact.Problems with the Massey Energy acquisition have plagued ANR, but the company is trying to right that ship and the deal has made ANR the largest U.S. maker of metallurgical coal. That's the coal grade prized by Asian steelmakers. At a price/book ratio of just 0.56 with a low price tag, ANR is kind of like a no-expiration call option on a coal sector rebound.Resistance area is $25 and support level at $15.
BHP Billiton Ltd (BHP): BHP Billiton Limited, involves in the mining and production of nickel products, manganese ore, and manganese metal and alloys, as well as in the mining of iron ore, metallurgical coal, and thermal coal. Resistance area is $80 and support level at $67.
Rio Tinto plc (RIO): Rio Tinto is of course one of the world’s largest mining companies and one of the largest FTSE 100 companies. It mines a large variety of metals and minerals, including diamonds, gold, silver, and iron ore. Share of Rio Tinto trading $45-$55 last few months.Resistance area is $65 and support level at $55.
Arch Coal's (ACI): Lay ANR's chart over Arch's and you'd be hard-pressed to tell the difference. It's like choosing between awful and terrible. Trading at less than 5.5 earnings, Arch had a a gross margin of 25.12% and an operating margin of 11.58%. Resistance area is $17 and support level at $13. Here are two downgraded on Monday
Arch Coal downgraded to Hold from Buy at Brean Murray.Brean Murray downgraded Arch Coal citing its unpriced and uncommitted 2012 thermal coal volumes and the potential shortfall in sales.
Arch Coal downgraded to Sell from Underperform at CLSA.CLSA downgraded Arch Coal citing the Q4 revenue miss, aggressive guidance, and thermal coal headwinds. Price target cut to $12.50 from $16. Note that Brean Murray also downgraded shares this morning.
Arch Coal downgraded to Hold from Buy at Brean Murray.Brean Murray downgraded Arch Coal citing its unpriced and uncommitted 2012 thermal coal volumes and the potential shortfall in sales.
Arch Coal downgraded to Sell from Underperform at CLSA.CLSA downgraded Arch Coal citing the Q4 revenue miss, aggressive guidance, and thermal coal headwinds. Price target cut to $12.50 from $16. Note that Brean Murray also downgraded shares this morning.
Below these are the Top Metals & Minerals stocks I am follow on 2012.
Ticker Company
AAU Almaden Minerals Ltd.
ACI Arch Coal Inc.
ACO Amcol International Corp.
ANO Anooraq Resources Corporation
ANR Alpha Natural Resources, Inc.
ARLP Alliance Resource Partners LP
ASM Avino Silver & Gold Mines Ltd.
AUMN Golden Minerals Company
AVL Avalon Rare Metals Inc.
AZC Augusta Resource Corp.
BBL BHP Billiton plc
BHP BHP Billiton Ltd.
BTU Peabody Energy Corp.
CCJ Cameco Corp.
CDY Cardero Resource Corp.
CEF Central Fund of Canada Limited
CHNR China Natural Resources Inc.
CLD Cloud Peak Energy Inc.
CMP Compass Minerals International Inc.
CNX CONSOL Energy Inc.
CXZ Crosshair Energy Corp.
DNN Denison Mines Corp.
GMO General Moly, Inc.
GSM Globe Specialty Metals, Inc.
HBM HudBay Minerals, Inc.
IVN Ivanhoe Mines Ltd.
JRCC James River Coal Co.
KXM Kobex Minerals, Inc.
MCP Molycorp, Inc.
MFN Minefinders Corp. Ltd.
MIL MFC Industrial Ltd
MTRN Materion Corporation
NAK Northern Dynasty Minerals Ltd.
NRP Natural Resource Partners LP
OXF Oxford Resource Partners, L.P.
PAL North American Palladium Ltd.
PBM Pacific Booker Minerals Inc.
PCX Patriot Coal Corporation
PLG Platinum Group Metals Ltd.
PLM Polymet Mining Corp.
PVG Penn Virginia GP Holdings LP
PVR Penn Virginia Resource Partners LP
PZG Paramount Gold and Silver Corp.
QMM Quaterra Resources Inc.
QRM Quest Rare Minerals Ltd.
REE Rare Element Resources Ltd.
RIO Rio Tinto plc
RVM Revett Minerals Inc
SHZ China Shen Zhou Mining & Resources, Inc.
SVBL Silver Bull Resources, Inc.
SWC Stillwater Mining Co.
TAS Tasman Metals Ltd.
TC Thompson Creek Metals Company Inc.
TCK Teck Resources Limited
TGB Taseko Mines Ltd.
TIE Titanium Metals Corporation
TLR Timberline Resources Corp.
UEC Uranium Energy Corp.
URG UR-Energy Inc.
URRE Uranium Resources, Inc.
URZ Uranerz Energy Corp.
USU USEC Inc.
VALE Vale S.A.
WLB Westmoreland Coal Co.
WLT Walter Energy, Inc.
XING Qiao Xing Universal Resources, Inc.
YZC Yanzhou Coal Mining Co. Ltd.
ZINC Horsehead Holding Corp.
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