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VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Rome Resources Ltd. (the “Company”) is pleased to announce that it has reached agreement in principle to acquire majority interests in two properties situated in the Walikali District of the North Kivu Province in eastern Democratic Republic of the Congo (“DRC”). The two contiguous properties adjoin the northern boundary of the tenements held by Alphamin Resources Corp. (“Alphamin”) (TSXV: AFM), and are referred to collectively as the “Bisie North Tin Project”. Alphamin’s Mpama North Mine is situated approximately 8 km south of the boundary of the Bisie North Tin Project.

The Bisie North Tin Project comprises two adjoining licences covering a total area of 38.4 km². Exploration Licence PR 13274 covers an area of 30.7 km² and is in the process of being converted into small scale mining permit PEPM 13274. Exploration Licence PR 15130 covers an area of 7.7 km², and its west and south boundaries adjoin PR 13274..

Exploration Permit 13274

The Company has agreed to acquire from Medidoc FZE (“Medidoc”) all of the issued and outstanding shares in Medidoc – RD Congo S.A.R.L.U. (“Medidoc Congo”) for CAD$2,000,000, to be paid by the issuance of 40,000,000 shares of the Company at a deemed price of CAD$0.05 per share. On closing, the Company has agreed to settle a debt of CAD$1,278,229 owing to Medidoc by Medidoc Congo by the issuance of an additional 25,564,580 shares of the Company at a deemed price of CAD$0.05 per share. The total consideration amounts to 65,564,229 shares.

Medidoc Congo holds a 72.5% interest in Exploration Permit PR 13274 (converting to PEPM 13274). The remaining 27.5% interest is held by Investissement et de Developpement Immobilier S.A.R.L (“IDI”). Medidoc Congo and IDI operate the permit under a joint venture agreement. Medidoc Congo is the operator of the joint venture.

Under the agreement, the Company has agreed to fund, to the extent of up to CAD$250,000, on-going costs associated with the maintenance of the Permit until closing. Such advances will be treated as a loan to Medidoc Congo.

Medidoc advises that exploration to date at PR 13274 by Medidoc Congo includes a soil sampling and geological mapping program with channel samples collected across mineralized structures currently being mined by artisanal miners. Soil samples were collected on lines 400m apart across the whole of PR 13274 and infill samples were collected on lines 200m apart over anomalous areas. The assay results returned a significant continuous tin-in-soil anomaly with gold, copper and zinc credits over a 4 kilometre strike length. The channel sample results reportedly returned tin values up to 1m at 11% Sn. The Company has not verified these results, and is carrying out its independent due diligence and verification investigations.

Exploration Permit PR 15130

The Company has agreed to acquire from CoTinCo Minerals Projects International LLC (“CTC”) a 65% interest in PR 15130 for CAD$1,000,000, to be paid by the issuance of 20,000,000 shares of the Company at a deemed price of CAD$0.05 per share. CTC currently holds a 70% interest in PR 15130, with the remaining 30% interest held by Palm Constellation S.A.R.L. (“Palm”). CTC and Palm operate PR 15130 under a joint venture agreement. CTC is the operator of the joint venture.

Under the agreement with CTC, the Company has agreed to fund, to the extent of up to CAD$250,000, on-going costs associated with the operation of the joint venture until closing. Such advances will be treated as a loan to the joint venture companies.

PR 15130 adjoins the north and eastern boundary of PR 13274. To the knowledge of the Company, no material exploration work has been carried out on the property.

The Company is now carrying out technical and legal due diligence on the Bisie North Tin Project, and anticipates executing a definitive agreement for each of the properties in the near future.

Closing of both transactions is subject to all requisite shareholder and securities regulatory body approvals and the satisfaction or waiver of conditions precedent typically present in transactions of this size and nature. The Company anticipates concurrent closings for the two transactions. Closing will result in the Company ceasing to be eligible for listing on NEX and the Company will apply for a listing on the TSX Venture Exchange.

The scientific and technical information contained in this news release has been reviewed and approved by Mr Stephen Alan Mawson. Mr Mawson is an Independent Contracting Geologist, with degrees in Geology from Rhodes University, South Africa (B.Sc. 1973) (M.Sc. 1983) and is a registered Professional Natural Scientist (Geological Science) with the South African Council for Natural Scientific Professions (SACNASP Reg. No. 400074/03) and a member of the Geological Society of South Africa. Mr Mawson is a qualified person (QP) under NI 43-101.

For further information, please contact:

Dr. Georg SchnuraPresident, CEO and Director Telephone: (604) 687-6140 Email: romeresourcesltd@gmail.com

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

In this article, we discuss the 10 stocks to buy when everyone is selling. If you want to read about some more stocks to buy when everyone is selling, go directly to 5 Stocks to Buy When Everyone is Selling.

On May 20, the benchmark S&P 500 Index fell 20% from a recent high in January. The index is the broadest measure of the overall health of the market and a 20% fall indicated that the stocks had officially entered a bear market. Traditionally, a bear market represents investor pessimism and brings about a sustained market selloff. However, the panic also presents an opportunity to pick up the shares of companies that have long-term growth potential at bargain prices. Smart investors, like Warren Buffett, have historically benefited from bear markets.

At the annual shareholder meeting of Berkshire Hathaway, Buffett touched on some of the bets that his company had made in the past few months as the market slumped. The legendary value investor, who holds over $150 billion in cash for these “situations”, revealed that he had spent nearly $51 billion on equities in the first three months of 2022. As a result, the cash stake of his company was reduced to around $106 billion. Buffett assured investors that the cash stockpile would grow again as Berkshire has stakes in many cash-generating firms.

The stock market activity of Buffett is representative of the mindset of the hedge fund industry in general. Apart from value investors like Buffett, famous growth bulls like Brad Gerstner have also urged investors to buy stocks that could be “worth more in the future” during the sell-off. Some of the stocks that hedge funds think will provide investors with handsome returns in the long-term include Meta Platforms, Inc. (NASDAQ:FB), Mastercard Incorporated (NYSE:MA), and Apple Inc. (NASDAQ:AAPL).

Our Methodology

The companies that are best positioned to gain value in the future but are trading at a discount due to a weak economy and inflation were selected for the list. The business fundamentals and analyst ratings of these firms are also discussed to provide further context. Hedge fund sentiment was included as a classifier as well. Data from around 900 elite hedge funds tracked by Insider Monkey was used to quantify the hedge fund sentiment around each stock.

10 Stocks to Buy When Everyone is Selling

Image by MayoFi from Pixabay

Stocks to Buy When Everyone is Selling10. BHP Group (NYSE:BHP)

Number of Hedge Fund Holders: 21

BHP Group (NYSE:BHP) is a diversified metals and mining firm. Mike Henry, the CEO of the company, recently stated at a mining conference that supply chain disruptions in the mining sector due to COVID-19 and the Ukraine invasion could take over two years to resolve. As a result of these disruptions, as well as a slash in the reference benchmark rate for mortgages in China, the prices of base metals have surged in the past few days, benefiting the stock. The firm also has an impressive dividend history stretching back thirteen years.

On April 21, Citi analyst Ephrem Ravi upgraded BHP Group (NYSE:BHP) stock to Buy from Neutral and raised the price target to GBP 3,200 from GBP 2,750, noting that the cash flow generation of the firm was up strongly due to higher iron prices and was “too much to ignore”.

Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in BHP Group (NYSE:BHP) as of Q1 2022, with 16.9 million shares worth more than $1.3 billion.

Just like Meta Platforms, Inc. (NASDAQ:FB), Mastercard Incorporated (NYSE:MA), and Apple Inc. (NASDAQ:AAPL), BHP Group (NYSE:BHP) is one of the stocks that elite investors are buying as the market selloff continues.

In its Q1 2021 investor letter, Harding Loevner, an asset management firm, highlighted a few stocks and BHP Group (NYSE:BHP) was one of them. Here is what the fund said:

“Our purchase of Australian mining company BHP Group (NYSE:BHP) is an example of a quality company at a moderate valuation that should deliver attractive long-term returns. We believe the market has undervalued its enduring competitive advantage due to its low cost iron and copper mining operations which has allowed the company to deliver consistent profits and cash flows across the inevitable ups and downs of the global metals cycle. While the variability of commodity prices prevents BHP Group (NYSE:BHP) from scoring in the top ranks of measured quality, we are willing to bear some of that uncertainty in return for a more attractive valuation given the company’s strong business fundamentals.”

9. Bristol-Myers Squibb Company (NYSE:BMY)

Number of Hedge Fund Holders: 66

Bristol-Myers Squibb Company (NYSE:BMY) develops and sells biopharmaceutical products. The healthcare sector is one of the safest bets in times of uncertainty due to the high percentage of insured population in the United States. The firm can expect to earn around $29 billion through the drugs it markets by 2029 since patents in the health sector are issued for ten years or more. The firm is also one of the largest drug firms in the US where an average citizen spends around 8% of the salary on health insurance.

On May 2, Truist analyst Robyn Karnauskas maintained a Buy rating on Bristol-Myers Squibb Company (NYSE:BMY) stock and raised the price target to $81 from $76, noting there was potential upside from expansion opportunities across the drug portfolio of the firm.

At the end of the fourth quarter of 2021, 66 hedge funds in the database of Insider Monkey held stakes worth $3.3 billion in Bristol-Myers Squibb Company (NYSE:BMY), compared to 74 in the previous quarter worth $4.7 billion.

In its Q4 2021 investor letter, Saturna Capital, an asset management firm, highlighted a few stocks and Bristol-Myers Squibb Company (NYSE:BMY) was one of them. Here is what the fund said:

“Given the likelihood of rising inflation and interest rates ahead, we anticipate adjustments to the portfolio to reduce exposure to highly valued stocks dependent on low interest rates to support terminal year valuations, while seeking investments in companies more correlated with a return to economic normalcy. We sold our positions in Bristol-Myers Squibb Company (NYSE:BMY). We believe there are better opportunities than Bristol-Myers Squibb Company (NYSE:BMY) in pharmaceuticals.”

8. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 70

The Coca-Cola Company (NYSE:KO) makes and sells beverages. The company is one of the most reliable dividend players in the market, with a history of consecutive payouts stretching back close to six decades in a sector where the median in this regard is just two years. In late April, the firm declared a quarterly dividend of $0.44 per share, in line with previous. During the first quarter of 2022, the company grew organic sales by 18% against estimates of 9.5%.

On April 26, Guggenheim analyst Laurent Grandet maintained a Buy rating on The Coca-Cola Company (NYSE:KO) stock and raised the price target to $71 from $68, noting the firm was best placed to benefit from inflation given the pricing power it enjoyed.

Among the hedge funds being tracked by Insider Monkey, Nebraska-based firm Berkshire Hathaway is a leading shareholder in The Coca-Cola Company (NYSE:KO), with 400 million shares worth more than $23 billion.

In its Q4 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and The Coca-Cola Company (NYSE:KO) was one of them. Here is what the fund said:

“Over the last year, we have repositioned our portfolio to navigate the course we see ahead. We added to more defensive areas of the portfolio like consumer staples (The Coca-Cola Company (NYSE:KO)). While the next month or two will likely prove choppy on account of the Omicron variant, we believe that Omicron, like Delta, represents a speed bump on the way to recovery rather than a true change in course. We see strong economic momentum continuing in 2022 and we expect interest rates to rise. After a decade of remarkably low rates, we would not be surprised if this change in direction is accompanied by some fits and starts in the markets. With our emphasis on pricing power, purposeful sector exposure, valuation discipline, and a strong dividend profile, we believe we are well-positioned for the year ahead.”

7. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 83

Johnson & Johnson (NYSE:JNJ) makes and sells healthcare products. The company makes and sells COVID-19 vaccines, putting it in a leading position to benefit from the recent spike in virus cases across the United States. The stock is also trading at around 16% below the record high of $189 it touched almost a month ago. This decline presents an opportunity to buy as the firm posted strong earnings for the first quarter of 2022 recently and has a diversified business that greatly reduces overall risk for the investor in a volatile market.

On April 20, Credit Suisse analyst Matt Miksic kept an Outperform rating on Johnson & Johnson (NYSE:JNJ) stock and raised the price target to $205 from $200, noting the firm had demonstrated “better-than-expected growth across its MedTech businesses” in the first quarter.

At the end of the fourth quarter of 2021, 83 hedge funds in the database of Insider Monkey held stakes worth $7.3 billion in Johnson & Johnson (NYSE:JNJ), compared to 88 in the previous quarter worth $6.8 billion.

6. Thermo Fisher Scientific Inc. (NYSE:TMO)

Number of Hedge Fund Holders: 95

Thermo Fisher Scientific Inc. (NYSE:TMO) markets analytical instruments, specialty diagnostics, and laboratory products. The firm is emerging as a strong dividend player, registering five consecutive years of growth in this regard. Over the past decade, the company has grown revenues by over 200%, or 13.5% annualized. Operating income during the period has improved as well, totaling 23.2% annualized. The gross profits and free cash flows for the company are growing faster than revenues.

In late April, Thermo Fisher Scientific Inc. (NYSE:TMO) posted earnings for the first quarter of 2022, reporting earnings per share of $7.25, beating estimates by $1.04. The revenue over the period was $11.8 billion, up over 19% year-on-year.

At the end of the fourth quarter of 2021, 95 hedge funds in the database of Insider Monkey held stakes worth $9.4 billion in Thermo Fisher Scientific Inc. (NYSE:TMO), up from 94 in the preceding quarter worth $8.2 billion.

In addition to Meta Platforms, Inc. (NASDAQ:FB), Mastercard Incorporated (NYSE:MA), and Apple Inc. (NASDAQ:AAPL), Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the stocks that smart investors are monitoring in the bear market.

In its Q4 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Thermo Fisher Scientific Inc. (NYSE:TMO) was one of them. Here is what the fund said:

“Improving health remains a key impact theme for the portfolio, and over the past year or so we have increased our exposure to the health care sector, through the addition of Thermo Fisher Scientific Inc. (NYSE:TMO), a leading health care tools company, a leading provider of fertility benefit management services to self-insured employers that offers a rare win-win-win for employers, employees, health systems, and doctors, with clear savings and quality improvements.”

Click to continue reading and see 5 Stocks to Buy When Everyone is Selling.

Suggested Articles:

Disclosure. None. 10 Stocks to Buy When Everyone is Selling is originally published on Insider Monkey.

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. And in their study titled Who Falls Prey to the Wolf of Wall Street?’ Leuz et. al. found that it is ‘quite common’ for investors to lose money by buying into ‘pump and dump’ schemes.

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in Alphamin Resources (CVE:AFM). While that doesn’t make the shares worth buying at any price, you can’t deny that successful capitalism requires profit, eventually. Conversely, a loss-making company is yet to prove itself with profit, and eventually the sweet milk of external capital may run sour.

See our latest analysis for Alphamin Resources

How Fast Is Alphamin Resources Growing Its Earnings Per Share?

In business, though not in life, profits are a key measure of success; and share prices tend to reflect earnings per share (EPS). So like the hint of a smile on a face that I love, growing EPS generally makes me look twice. It is therefore awe-striking that Alphamin Resources’s EPS went from US$0.002 to US$0.065 in just one year. Even though that growth rate is unlikely to be repeated, that looks like a breakout improvement. Could this be a sign that the business has reached an inflection point?

Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Alphamin Resources shareholders can take confidence from the fact that EBIT margins are up from 27% to 55%, and revenue is growing. That’s great to see, on both counts.

You can take a look at the company’s revenue and earnings growth trend, in the chart below. For finer detail, click on the image.

earnings-and-revenue-history

While profitability drives the upside, prudent investors always check the balance sheet, too.

Are Alphamin Resources Insiders Aligned With All Shareholders?

Like standing at the lookout, surveying the horizon at sunrise, insider buying, for some investors, sparks joy. Because oftentimes, the purchase of stock is a sign that the buyer views it as undervalued. However, small purchases are not always indicative of conviction, and insiders don’t always get it right.

Not only did Alphamin Resources insiders refrain from selling stock during the year, but they also spent US$144k buying it. That’s nice to see, because it suggests insiders are optimistic. Zooming in, we can see that the biggest insider purchase was by Independent Director Pieter Pretorius for CA$90k worth of shares, at about CA$0.65 per share.

I do like that insiders have been buying shares in Alphamin Resources, but there is more evidence of shareholder friendly management. Specifically, the CEO is paid quite reasonably for a company of this size. For companies with market capitalizations between US$400m and US$1.6b, like Alphamin Resources, the median CEO pay is around US$1.5m.

The Alphamin Resources CEO received US$882k in compensation for the year ending . That seems pretty reasonable, especially given its below the median for similar sized companies. While the level of CEO compensation isn’t a huge factor in my view of the company, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. I’d also argue reasonable pay levels attest to good decision making more generally.

Does Alphamin Resources Deserve A Spot On Your Watchlist?

Alphamin Resources’s earnings per share growth have been levitating higher, like a mountain goat scaling the Alps. Better yet, we can observe insider buying and the chief executive pay looks reasonable. It could be that Alphamin Resources is at an inflection point, given the EPS growth. If so, then it the potential for further gains probably merit a spot on your watchlist. We should say that we’ve discovered 3 warning signs for Alphamin Resources that you should be aware of before investing here.

The good news is that Alphamin Resources is not the only growth stock with insider buying. Here’s a list of them… with insider buying in the last three months!

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Vancouver, British Columbia–(Newsfile Corp. – May 19, 2022) – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) (“Eastplats” or the “Company”) announces that it has received conditional acceptance from the Toronto Stock Exchange to extend the expiry date of 5,960,000 of its outstanding unlisted common share purchase warrants (the “Warrants”) originally issued on June 26, 2020, in conjunction with the previously disclosed settlement agreement with AlphaGlobal Capital Inc. For further information concerning the original issuance of the Warrants, please refer to the press release of the Company dated June 26, 2020.

Each Warrant currently entitles the holder to purchase one common share at a price of CDN$0.24 per common share at any time up to 5:00 p.m. local time in Vancouver, British Columbia on June 26, 2022 (the “Expiry Date”). Effective on June 3, 2022, the Company will extend Expiry Date to June 26, 2023. All of the other warrant terms remain unchanged.

About Eastern Platinum Limited

Eastplats owns directly and indirectly a number of platinum group metal (“PGM”) and chrome assets in the Republic of South Africa. All of the Company’s properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world’s PGM-bearing ore.

Operations at the Crocodile River Mine currently include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam.

For further information, please contact:

EASTERN PLATINUM LIMITEDWylie Hui, Chief Financial Officer & Corporate Secretarywhui@eastplats.com (email)(604) 800-8200 (phone)

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking statements” or “forward-looking information” (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “will,” “plan,” “intends,” “may,” “could,” “expects,” “anticipates” and similar expressions. Further disclosure of the risks and uncertainties facing the Company and other forward-looking statements are discussed in the Company’s Annual Information Form and Management’s Discussion and Analysis which are available under the Company’s profile on www.sedar.com.

In particular, this press release contains forward-looking statements pertaining to: the extension of the expiry date of the Warrants. These forward-looking statements are based on assumptions made by and information currently available to the Company. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties and readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results to differ materially from the beliefs, plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, commodity prices, lower than expected grades and quantities of resources, need for additional funding, availability of such additional funding and that funding will be on acceptable terms, economic conditions, currency fluctuations, competition and regulations, legal proceedings and risks related to operations in foreign countries.

The forward-looking statements in this press release are made as of the date they are given and, except as required by applicable securities laws, the Company disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124586

By Sonali Paul

BRISBANE (Reuters) -Woodside Petroleum's shareholders on Thursday voted for a merger with BHP Group's petroleum arm to create a top 10 global independent oil and gas producer worth $40 billion, according to a vote count at the company's annual meeting.

Of the total final votes, 98.66% were in favour of the deal.

The merger, agreed last August, advances top global miner BHP's effort to move away from fossil fuels, as it looks to decarbonise, while doubling Woodside's oil and gas production and beefing up its funding for growth.

"The merger is an opportunity for Woodside to increase its contribution to the world's growing energy needs and build the scale, resilience and diversity to thrive through the energy transition," Chief Executive Officer Meg O'Neill told shareholders.

BHP will be paid in Woodside shares, giving BHP investors a 48% stake in the merged group, which will have assets in Australia, the United States, Mexico, Senegal and Trinidad.

While backing the merger, shareholders were disappointed with Woodside's climate plan, which does not set targets for reducing its customers' emissions, called Scope 3 emissions.

Nearly 49% of the votes were against the climate plan, which Woodside put to an advisory vote for the first time.

Two proxy advisers recommended voting against the plan.

Woodside Chairman Richard Goyder ordered the microphone to be cut off after one proxy for a shareholder asked whether the company's plans to invest in fossil fuels were "morally mad, economically mad or both", to which the chairman replied, "Or neither".

However, Goyder said the company clearly needs to engage more with shareholders to explain that its plans are in line with Paris Agreement goals.

O'Neill said Woodside's strategy on Scope 3 is to come up with clean products, such as hydrogen, for its customers.

(Reporting by Sonali Paul; Editing by Christopher Cushing and Rashmi Aich)

Brisbane, Queensland, Australia–(Newsfile Corp. – May 18, 2022) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG and Rio Tinto Group ("Rio Tinto") have signed a non-binding agreement to collaborate on energy saving and storage solutions. Together, GMG and Rio Tinto will explore the use of energy saving products in Rio Tinto's operations, explore working together to support GMG's development of Graphene Aluminium-Ion ("G+Al") batteries, and collaborate on mining and other industrial applications.

Under a non-binding term sheet, GMG and Rio Tinto will:

discuss conducting trials of GMG's energy saving products in both existing applications and new industrial applications, to deliver energy savings and associated carbon reductions to support Rio Tinto's decarbonisation objectives;

explore supply of aluminium materials, one of the key components in G+Al battery technology, by Rio Tinto to GMG with an aim to optimise and accelerate battery development;

investigate the use of G+Al batteries in various Rio Tinto mining and industrial applications. Success could see significant performance enhancements and support Rio Tinto's transition to low carbon operations.

Rio Tinto's Chief Scientist, Nigel Steward, commented, "Our companies share a vision of a low carbon future and we see great potential in the partnership. We aim to develop a truly green battery from our low carbon aluminium, which could transform the way we supply and store energy to anything from a leaf blower to a mining haul truck. It is a very exciting prospect and we are looking forward to bringing together the technical ingenuity of both Rio Tinto and GMG."

GMG's Managing Director and CEO, Craig Nicol, commented: "We are excited to be collaborating with Rio Tinto, one of the world's largest mining companies who are committed to leveraging leading technologies for efficient and low carbon operations. The collaboration with Rio Tinto adds another key element in GMG's leading partnerships to develop our G+Al Battery following recent agreements with Wood for scaling graphene production and Bosch for automated battery production. Rio Tinto's supply of aluminium and development of material industrial battery applications also add to our battery development plans. Together, with the partnerships already established, this is another important step towards GMG's goal to become a major global supplier of energy saving products as well as G+AI Batteries as we continue to de-risk the commercial scale up of this technology."

About Rio Tinto

Rio Tinto is a leading mining and metals company, operating in 35 countries and producing high-quality iron ore, copper, aluminium, and other materials that are essential for the low-carbon transition. Rio Tinto is committed to reaching net-zero by 2050 and is targeting a 15% reduction in scope 1&2 emissions by 2025 (from a 2018 baseline) and a 50% reduction by 2030. For more information visit riotinto.com.

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").

For further information, please contact:- Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223 – Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding timing, completion and the final terms and conditions of binding agreements to be entered into between Rio Tinto and the Company; Rio Tinto's role as a technical development partner and supplier of aluminium and the impacts and benefits arising therefrom; GMG's ability to produce its products and the benefits arising from such products; and the commercial progress and technical characteristics of certain products; the ability of GMG's products to enhance Rio Tinto's performance with regards to certain industrial applications, and reduce carbon emissions.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company's resources, including that GMG and Rio Tinto will be unable to agree on terms and conditions for binding agreements; that such terms and conditions will differ from the Company's expectations; that results and impacts arising from any binding agreements between GMG and Rio Tinto will differ from the Company's expectations; changes to regional and global market trends; and that the Company will be unable to research, develop and produce certain products and technologies.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's ability to enter into binding agreements with Rio Tinto on the terms consistent with the Company's expectations; that benefits and impacts arising from binding agreements between the Company and Rio Tinto will be consistent with the Company's expectations; the Company's ability to research, develop and test its products within anticipated timelines; and market demand for the Company's products.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124459

By Sonali Paul

MELBOURNE (Reuters) – Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Tuesday.

Woodside shareholders are set to vote on Thursday on a $40 billion merger to create a top 10 global independent oil and gas producer. BHP shareholders will hold a 48% stake in the enlarged group to be called Woodside Energy.

There have been concerns that investors who own BHP shares but do not currently hold Woodside may seek to dump the Woodside shares they will be issued in the deal.

However O'Neill said her conversations with BHP shareholders were going "really well" in explaining the expected returns from the enlarged group, its capital management framework and the strength of the balance sheet.

Woodside has also been talking to U.S. investors to highlight the differences between it and independent peers in the United States, which are focused on shale production and oil, in contrast to Woodside's offshore oil and gas and liquefied natural gas (LNG) assets.

"At the end of the day, we believe there'll be demand for Woodside shares that outpaces the supply that's available. So we think the flowback risk is largely mitigated," O'Neill told reporters on the sidelines of the Australian Petroleum Production and Exploration Association's annual conference.

"But that said, I do recognise this is a big transaction. We are issuing a large number of new shares, so we expect we'll see a bit of volatility for the next few months. But I don't think it will be enduring."

She said only a small number of BHP shareholders are in jurisdictions where they will not be able to hold Woodside shares, such as South Africa.

Assuming the deal goes ahead, Woodside is well positioned to benefit from European and Asian buyers seeking alternatives to Russian supply, which has been curtailed by sanctions.

O'Neill told Reuters the company's $4.6 billion Sangomar oil project in Senegal, where the company has been looking to sell down its 82% stake since July, has attracted "a bit more interest" in the wake of the Ukraine conflict.

"Obviously with commodity prices where they are, people are seeing near-term opportunity from this asset," she said.

Sangomar, due to start up in 2023, will produce sour crude similar to Russia's Urals crude, which European refiners use.

"So we do expect there'll be a lot of interest in the market from the European refiners for the Senegalese grades," O'Neill told Reuters.

(Reporting by Sonali Paul; Editing by Richard Pullin and Kenneth Maxwell)

BHP shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 81.

Honey Badger Exploration Inc.

TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — Honey Badger Silver Inc. (TSX-V: TUF) (OTCQB: HBEIF) (“Honey Badger” or the “Company”) is pleased to announce that it has received a 10-year Class 3 Quartz Mining Land Use Approval (“Land Use Approval”) from the Yukon Government for its high-grade Plata Silver Property (“Plata”) located in east-central Yukon.

The Land Use Approval allows Honey Badger to perform ground exploration activities that allow for up to 300 diamond drill and 300 reverse circulation holes, each for a total length of 30,000 metres, significant trenching and bulk sampling, as well as road construction, as required, to define areas of mineralization on the property.

Chad Williams, Chairman of Honey Badger stated, “Plata has produced high-grade silver from small-scale mining in the past and currently hosts 32 showings(1), many of which have returned high-grade silver, lead and zinc values, from drilling and trenching. We are looking forward to unlocking the extraordinary potential we believe Plata possesses.”

Technical information in this news release has been approved by Heather Burrell, P.Geo., a senior geologist with Archer Cathro and qualified person for the purpose of National Instrument 43-101.

Notes: (1)Assessment Report Describing Compilation and Digitization of Historical Data of the Plata Property, prepared by Archer, Cathro & Associates (1981) Limited for Strategic Metals Ltd., J. Morton, P. Geo., June 2020

For more information, please visit our website above, or contact:

Christina Slater: cslater@honeybadgersilver.com (647) 848-1009 https://honeybadgersilver.com

ON BEHALF OF THE BOARD

Chad Williams Chairman and Director

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian silver company based in Toronto, Ontario focused on the acquisition, development and integration of accretive transactions of silver ounces. The Company is led by a highly- experienced leadership team with a track record of value creation, backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon including the Plata property 180 kms to the east of the Keno Hill silver district, Honey Badger is positioning to be a top-tier silver company.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release and any other information herein that is not a historical fact may be "forward-looking information".

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Vancouver, British Columbia–(Newsfile Corp. – May 13, 2022) – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its condensed interim consolidated financial statements for the three months ended March 31, 2022 and the corresponding management's discussion and analysis. Below is a summary of the Company's financial results for the first quarter of 2022 ("Q1 2022") (all amounts in USD unless specified) in comparison to the same respective period in 2021 ("Q1 2021"):

Revenue for Q1 2022 increased to $17.4 million (Q1 2021 – $16.7 million), representing a 4.3% increase. The increase in revenue for Q1 2022 was primarily due to an increase in platinum group metal ("PGM") sales in the period.

Mine operating income increased by $2.0 million (or 137.5%) to $3.4 million in Q1 2022 (Q1 2021 – $1.4 million), resulting in an improved gross margin of 19.6% in Q1 2022 from 8.6% in Q1 2021.

Operating income was $0.1 million in Q1 2022 compared to an operating loss of $1.7 million in Q1 2021.

Net income attributable to shareholders was $3.0 million ($0.02 earnings per share) in Q1 2022 versus loss attributable to shareholders of $0.9 million ($0.01 loss per share) in Q1 2021. The Q1 2022 net income was largely attributable to the foreign exchange gain due to the appreciation of the South African Rand relative to the U.S. Dollar in Q1 2022, while in Q1 2021, the U.S. Dollar strengthened.

The Company had positive working capital (current assets less current liabilities) of $17.2 million as at March 31, 2022 (December 31, 2021 – $14.6 million) and short-term cash resources of $6.6 million (consisting of cash, cash equivalents and short-term investments) (December 31, 2021 – $6.1 million).

Operations

The Company continues its Retreatment Project at Barplats Mines (Pty) Limited's tailings facility (the "Retreatment Project") located at the Company's Crocodile River Mine ("CRM") in South Africa.

Summary of chrome production for the three months ended March 31, 2022 and March 31, 2021:

	Q1 2022	Q1 2021
Total Tailings Feed (Tons)	574,242	607,606
Average grade Cr concentrate	38.97%	38.47%
Tons of Cr concentrate	121,122	203,901

The majority of the Company's revenue (approximately 84% for Q1 2022) is generated from the offtake agreement with Union Goal Offshore Solution Limited ("Union Goal") in relation to chrome concentrate production from the Retreatment Project. The remaining amount of the Company's revenue was from PGM concentrate sales to Impala Platinum Limited ("Impala").

The completion of the reconfiguration and optimization of the small-scale PGM circuit ("PGM Circuit D") in Q1 2021 continued to successfully utilize the feed, following the recovery of chrome concentrate, to produce PGM concentrate under the respective offtake agreements in Q1 2022. Refurbishment work commenced on the PGM main plant circuit ("PGM Main Circuit B") during April 2021 and the circuit was commissioned in October 2021 (see press release of October 29, 2021 for further information). PGM Circuit D and PGM Main Circuit B (collectively, the "PGM Circuits") are both operating and continue to drive revenue growth and gross margin improvement for the Company.

Summary of PGM production for the three months ended March 31, 2022 and 2021:

	Q1 2022	Q1 2021
Tons of PGM concentrate	879	44

During the period, the Company continued work to close the Maroelabult resource project sale with Eland Platinum (Pty) Limited. Eastplats announced the completion of the sale (see press release of March 22, 2022 for further information). Total cash consideration of R20 million (approximately $1.3 million) was received on March 9, 2022 after the transfer of legal title and various regulatory obligations required in South Africa were completed.

Diana Hu, President, Chief Executive Officer, and Director of Eastplats, commented, "The Q1 financial results have shown the Company is on the right path to continue its revenue growth and profitability improvements from the Retreatment Project and capacity increases from the PGM circuits. We are confident with the progress made by the team and expect to disclose the updated NI 43-101 compliant independent technical report on the Crocodile River Mine shortly."

Outlook

The Company's targets for 2022 are as follows:

Optimize the operations of the Retreatment Project and maximize returns (ongoing)
- Completion of the Optimization Program for the Retreatment Project (ongoing)
- Assess the value of the chrome recovery plant after optimization (ongoing)

Operate and optimize the PGM Circuits (ongoing);

Capital raise to restart Zandfontein underground operations at the Crocodile River Mine (initiated);

Completion of the second phase of the tailings storage facility ("TSF") capital works program (ongoing);

Mareesburg project environmental work to complete the legal analysis on the Environmental Impact Assessment ("EIA") and other environmental studies and amendments (ongoing);

Prospecting and assessment work in relation to Zandfontein, Crocette and Spitzkop ore bodies (ongoing);

EIA and other assessment work regarding a vertical furnace and pelletizer of chrome concentrate (ongoing); and

Update other capital assessments upon completion of capital fundraising.

Care and maintenance with respect to the underground portion of the CRM will continue while the Company assesses the Zandfontein underground operations for restart.

The Company has a primary listing on the Toronto Stock Exchange and a secondary listing on the JSE Limited.

The Company has filed the following documents, under the Company's profile on SEDAR at www.sedar.com:

Condensed interim consolidated financial statements for the three months ended March 31, 2022; and

Management's discussion and analysis for the three months ended March 31, 2022.

The condensed interim consolidated financial statements for the three months ended March 31, 2022 are available for download at https://eastplats.com/investors-2/reports/ and are also available on the JSE's website at: https://senspdf.jse.co.za/documents/2022/JSE/ISSE/EPS/Q122.pdf.

Covid-19

The Government of South Africa lifted the National State of Disaster in response to the COVID-19 pandemic on April 5, 2022. The Company continues to follow the health guidelines of the Government of South Africa. The chrome and PGM production and delivery remains in full operation. The effects of COVID-19 are uncertain and the consequences of a further temporary shutdown of any operations or other related issues cannot be reasonably estimated at this time, but could potentially have material adverse effects on the Company's business, operations, liquidity and cashflows.

About Eastern Platinum Limited

Eastplats owns directly and indirectly a number of PGM and chrome assets in the Republic of South Africa. All of the Company's properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore.

Operations at the Crocodile River Mine currently include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam.

For further information, please contact:

EASTERN PLATINUM LIMITED Wylie Hui, Chief Financial Officer and Corporate Secretary whui@eastplats.com (email) (604) 800-8200 (phone)

Cautionary Statement Regarding Forward-Looking Information

This press release contains "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "will", "plan", "intends", "may", "could", "expects", "anticipates" and similar expressions. Further disclosure of the risks and uncertainties facing the Company and other forward-looking statements are discussed in the Company's most recent Annual Information Form available under the Company's profile on www.sedar.com.

In particular, this press release contains, without limitation, forward-looking statements pertaining to: profitability; revenue growth and gross margin improvements derived from the PGM Circuits; completion of the updated NI 43-101 compliant independent technical report on the CRM; the Company's targets for 2022 including optimization of the Retreatment Project operations; completion of the Optimization Program for the Retreatment Project, assessment of the value of the chrome recovery plant; operations and optimization of the PGM Circuits; capital raise to restart Zandfontein underground operations at the Crocodile River mine; completion of the second phase of the TSF capital works program; Mareesburg project environmental work to complete the legal analysis on the EIA and other environmental studies and amendments; prospecting and assessment work in relation to Zandfontein, Crocette and Spitzkop ore bodies; EIA and assessment work regarding a vertical furnace and pelletizer of chrome concentrate; the update of other capital assessments upon completion of capital fundraising; care and maintenance with respect to the underground portion of the CRM; and the potential effects of COVID-19 and any future measures taken by the Government of South Africa and their impact on the Company and its business, operations, liquidity and cashflows. These forward-looking statements are based on assumptions made by and information currently available to the Company. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties and readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results to differ materially from the beliefs, plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, unanticipated problems that may arise in the Company's production processes, commodity prices, lower than expected grades and quantities of resources, need for additional funding and availability of such additional funding on acceptable terms, economic conditions, currency fluctuations, competition and regulations, legal proceedings and risks related to operations in foreign countries.

All forward-looking statements in this press release are expressly qualified in their entirety by this cautionary statement, the "Cautionary Statement on Forward-Looking Information" section contained in the Company's most recent Management's Discussion and Analysis available under the Company's profile on www.sedar.com. The forward-looking statements in this press release are made as of the date they are given and, except as required by applicable securities laws, the Company disclaims any intention or obligation, and does not undertake, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123905

For Immediate Release

Chicago, IL – April 29, 2022 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/1910543/lessons-from-the-grande-dame-of-dividends

Lessons from the Grande Dame of Dividends

Welcome to Episode #279 of the Value Investor Podcast.

(0:15) -Zacks Market Edge Podcast Archive
(2:10) – Lessons From A Investing Newsletter Legend: Geraldine Weiss
(13:15) – Tracey’s Top Stock Picks: Stock Screen Breakdown
(28:45) – Episode Roundup: BHP, DVN, DOW, WSBC, WPC
Podcast@Zacks.com

Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

This week, the New York Times featured an obituary on investing legend Geraldine Weiss. She died at age 96 in California.

According to the obituary, which Weiss gave an interview for in March, she started the Investment Quality Trends newsletter in 1966, and retired from editing it in 2002 at age 76.

It's focus was on dividends because, she said in the obituary, dividends represent the here and now. She became known as the "grande dame of dividends."

Her strategy combined both fundamental and technical analysis, which was rare for that time period.

Can you find Geraldine Weiss stocks in 2022?

Screening for Geraldine Weiss Dividend Stocks

Zacks doesn't have a predefined screen with Geraldine's strategy, but maybe it should. Instead, Tracey recreated it by combining the Zacks Ranks of #1 (Strong Buy) and #2 (Buy) with a dividend yield over 4% and at least 5 years of dividend growth.

This screen returned 47 stocks.

5 Top Ranked Dividend Stocks Yielding Over 4%

1. BHP Group (BHP)

BHP Group is an Australian mining giant which mines copper, iron ore and nickel.

Shares are up 11.5% year-to-date but are still cheap, on a P/E basis, with a forward P/E of just 7.7.

BHP Group is paying out a juicy yield of 9.3%.

Is it time to get a piece of BHP Group's payout?

2. Devon Energy (DVN)

Devon Energy is an oil and natural gas company. Shares are up 32% year-to-date as energy remains the best performing sector on Wall Street.

Devon Energy is paying both a fixed, and a variable, dividend thanks to record free cash flow. Combined, the dividend yield was 7.1%.

But Devon Energy is about to report first quarter results which are expected to be red-hot due to elevated crude and natural gas prices in 2022. Will the yield rise?

Devon Energy remains dirt cheap, even with the shares surging, with a forward P/E of 6.6.

Is Devon Energy the perfect combination of both growth and income?

3. Dow Inc. (DOW)

Dow has already reported its first quarter results. It saw sales up 28% year-over-year as it saw strong demand across its end markets.

Dow is paying a dividend yielding 4.2%.

Shares are up 20% year-to-date but remain cheap, with a forward P/E of just 8.4.

Should Dow be on your short list?

4. WesBanco, Inc. (WSBC)

WesBanco is a West Virginia-based regional bank. Shares have fallen 5% year-to-date and have a forward P/E of 12.9.

WesBanco shares currently yield 4.2%. It has a 5-year historic growth rate of 5.5%.

Should investors be looking at the banks with the Federal Reserve raising rates in 2022?

5. W.P. Carey Inc. (WPC)

W.P. Carey is a REIT that focuses on commercial real estate in the industrial, warehouse, office, retail and self-storage areas. It has properties in the United States and Northern and Western Europe.

Shares are up 3.1% year-to-date and have a forward P/E of just 16.

W.P. Carey pays a dividend yielding 5%. It will report earnings on Apr 29, 2022.

Are REITs like W.P. Carey back in favor 2 years after the start of the COVID pandemic?

What Else do you Need to Know About Geraldine Weiss and Dividend Investing?

Tune into this week's podcast to find out.

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Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Devon Energy Corporation (DVN) : Free Stock Analysis Report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Dow Inc. (DOW) : Free Stock Analysis Report W.P. Carey Inc. (WPC) : Free Stock Analysis Report WesBanco, Inc. (WSBC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Investors interested in stocks from the Mining – Miscellaneous sector have probably already heard of BHP (BHP) and MP Materials Corp. (MP). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

BHP and MP Materials Corp. are both sporting a Zacks Rank of # 1 (Strong Buy) right now. Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. But this is only part of the picture for value investors.

Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

BHP currently has a forward P/E ratio of 8.16, while MP has a forward P/E of 28.85. We also note that BHP has a PEG ratio of 2.72. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. MP currently has a PEG ratio of 4.32.

Another notable valuation metric for BHP is its P/B ratio of 1.83. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, MP has a P/B of 7.05.

These metrics, and several others, help BHP earn a Value grade of B, while MP has been given a Value grade of F.

Both BHP and MP are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that BHP is the superior value option right now.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report MP Materials Corp. (MP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. Unfortunately, high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson.

So if you're like me, you might be more interested in profitable, growing companies, like BHP Group (ASX:BHP). While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. In comparison, loss making companies act like a sponge for capital – but unlike such a sponge they do not always produce something when squeezed.

See our latest analysis for BHP Group

How Quickly Is BHP Group Increasing Earnings Per Share?

As one of my mentors once told me, share price follows earnings per share (EPS). That makes EPS growth an attractive quality for any company. It certainly is nice to see that BHP Group has managed to grow EPS by 23% per year over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away winners.

I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. The good news is that BHP Group is growing revenues, and EBIT margins improved by 11.0 percentage points to 50%, over the last year. Ticking those two boxes is a good sign of growth, in my book.

You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.

earnings-and-revenue-history

Fortunately, we've got access to analyst forecasts of BHP Group's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting.

Are BHP Group Insiders Aligned With All Shareholders?

We would not expect to see insiders owning a large percentage of a AU$233b company like BHP Group. But we are reassured by the fact they have invested in the company. To be specific, they have US$50m worth of shares. That's a lot of money, and no small incentive to work hard. Even though that's only about 0.02% of the company, it's enough money to indicate alignment between the leaders of the business and ordinary shareholders.

Is BHP Group Worth Keeping An Eye On?

For growth investors like me, BHP Group's raw rate of earnings growth is a beacon in the night. I think that EPS growth is something to boast of, and it doesn't surprise me that insiders are holding on to a considerable chunk of shares. So this is very likely the kind of business that I like to spend time researching, with a view to discerning its true value. Don't forget that there may still be risks. For instance, we've identified 2 warning signs for BHP Group (1 can't be ignored) you should be aware of.

You can invest in any company you want. But if you prefer to focus on stocks that have demonstrated insider buying, here is a list of companies with insider buying in the last three months.

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

TORONTO, ON / ACCESSWIRE / April 28, 2022 / Honey Badger Silver Inc. (TSX-V:TUF)(OTCQB:HBEIF), the silver-focused mineral company based in Toronto, Canada with an extensive portfolio of interests in the Thunder Bay Cobalt-Silver District and in southeast and south central Yukon, today announced that it will be presenting at the Planet MicroCap Showcase 2022 at the Bally's Hotel & Casino in Las Vegas, NV on Wednesday, May 4, 2022 at 5:30PM PST. John H Hill, Director of Honey Badger Silver Inc., will be hosting the presentation and answering questions from investors, as well as, in person, 1-on-1 investor meetings over two days.

To access the live presentation, please use the following information:

Planet MicroCap Showcase 2022 in Las VegasDate: Wednesday, May 4, 2022Time: 8:30 PM Eastern Time/ 5:30 PM Pacific TimeWebcast: https://www.webcaster4.com/Webcast/Page/2862/45111

If you would like to book 1on1 investor meetings with Honey Badgr Silver Inc., and to attend the Planet MicroCap Showcase 2022, please make sure you are registered here: https://planetmicrocapshowcase.com/signup

1on1 meetings will be scheduled and conducted in person at the conference venue.

The Planet MicroCap Showcase 2022 website is available here: https://planetmicrocapshowcase.com/

If you can't make the live presentation, all company presentations "webcasts" will be available directly on the conference event platform on this link under the tab "Agenda": https://planetmicrocapshowcase.com/agenda

News Compliments of Accesswire

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian silver company based in Toronto, Ontario focused on the acquisition, development and integration of accretive transactions of silver ounces. The Company is led by a highly- experienced leadership team with a track record of value creation, backed by a skilled technical team. With a dominant land position in Ontario's historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon including the Plata property 180 kms to the east of the Keno Hill silver district, Honey Badger is positioning to be a top-tier silver company.

About SNN.Network

SNN.Network is your multimedia financial news platform for discovery, transparency and due diligence. This is your one-stop hub to find new investment ideas, check in on watchlist, gather the most up-to-date information on the Small-, Micro-, Nano-Cap market with the goal to help you towards achieving your wealth generation goals. Follow the companies YOU want to know more about; read and watch content from YOUR favorite finance and investing influencers; create YOUR own watchlist and screen for ideas YOU'RE interested in; find out about investor conferences YOU want to attend – all here on SNN.Network.

If you would like to attend the Planet MicroCap Showcase, please register here: https://planetmicrocapshowcase.com/signup

Contact:Name: Christina SlaterPhone: 647-249-9301Address: 2704-401 Bay Street Toronto, Ontario, M5H 2Y4Email: cslater@honeybadgersilver.com

SOURCE: Honey Badger Silver Inc. via SNN Network

View source version on accesswire.com: https://www.accesswire.com/699291/Honey-Badger-Silver-Incto-Present-at-the-Planet-MicroCap-Showcase-2022-in-Las-Vegas-on-Wednesday-May-4-2022

(Bloomberg) — U.K. dividends are now seen reaching 92.2 billion pounds ($116.4 billion) this year thanks to a boost from commodities firms, providing an additional lift to one of Europe’s best-performing stock markets.

Most Read from Bloomberg Businessweek

VANCOUVER, BC, April 26, 2022 /CNW/ – The following issues have been halted by IIROC:

Company: Alphamin Resources Corp.

TSX-Venture Symbol: AFM

All Issues: Yes

Reason: At the Request of the Company Pending News

Halt Time (ET): 9:25 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Cision

View original content: http://www.newswire.ca/en/releases/archive/April2022/26/c1843.html

The basic materials sector gives investors much more to think about than how well its individual companies are managed.

BHP (BHP) has been beaten down lately with too much selling pressure. While the stock has lost 12.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.

Here is How to Spot Oversold Stocks

We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.

RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.

Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.

So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound.

However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.

Why BHP Could Bounce Back Before Long

The RSI reading of 28.16 for BHP is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.

This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering BHP in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 2.5% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.

Moreover, BHP currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. BHP (BHP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.

BHP is a member of our Basic Materials group, which includes 240 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. BHP is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for BHP's full-year earnings has moved 30.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that BHP has returned about 12.7% since the start of the calendar year. Meanwhile, the Basic Materials sector has returned an average of 7.6% on a year-to-date basis. This means that BHP is outperforming the sector as a whole this year.

Carpenter Technology (CRS) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 38.5%.

In Carpenter Technology's case, the consensus EPS estimate for the current year increased 5.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, BHP belongs to the Mining – Miscellaneous industry, a group that includes 49 individual companies and currently sits at #51 in the Zacks Industry Rank. On average, this group has gained an average of 16.8% so far this year, meaning that BHP is slightly underperforming its industry in terms of year-to-date returns.

In contrast, Carpenter Technology falls under the Steel – Speciality industry. Currently, this industry has 4 stocks and is ranked #8. Since the beginning of the year, the industry has moved +48.2%.

Going forward, investors interested in Basic Materials stocks should continue to pay close attention to BHP and Carpenter Technology as they could maintain their solid performance.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Carpenter Technology Corporation (CRS) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

For Immediate Release

Chicago, IL – April 25, 2022 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/1904894/focus-on-where-the-stock-bulls-are-charging

Focus on Where the Stock Bulls Are Charging

Welcome to Episode #278 of the Value Investor Podcast.

(1:00) – Is Now The Time For Value Stocks To Outperform?
(9:30) – Finding Stocks On A Bull Run: Tracey’s Top Stock Picks
(23:10) – Episode Roundup: JPM, BAC, KEY, PNC, CMA, OXY, CVX, BHP, FCX, MOS, NTR, CF, IPI
Podcast@Zacks.com

Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

In 2022, there has been a lot of angst as the growth stocks, especially the technology stocks, that have been in a strong bull market for the last 9 years, have lagged. And there doesn't appear to be a catalyst that will turn them around.

Meanwhile, there have been several bull rallies in other sector, namely among value stocks.

The best performing sector in 2022 is energy. But agriculture and mining stocks aren't too far behind.

The banks, on the other hand, have actually had a correction in 2022 with some banks down nearly 20%. They are cheaper than ever even as the Federal Reserve has said they will be aggressively raising rates this spring.

Don't live in the past. Value has taken the baton in 2022.

It's time to focus on where the bulls are charging.

5 Value Stocks to Buy Now

1. JPMorgan Chase (JPM)

JPMorgan Chase is cheap in 2022. Shares are down 17.6% year-to-date and it trade with a forward P/E of just 11.8.

JPMorgan Chase pays a nice dividend, currently yielding 3%.

Is now the time to jump into JPMorgan Chase, one of the largest banks in America?

2. Bank of America (BAC)

Bank of America is another of the large US banks. Wall Street has sold off its shares too, with Bank of America falling 12.4% year-to-date. That's worse than the 6.4% drop in the S&P 500 in 2022.

Shares are cheap too, with a forward P/E of just 12.1.

Bank of America also pays a dividend, currently yielding 2.1%.

Should Bank of America, which is also in Berkshire Hathaway's portfolio, be on your short list?

3. KeyCorp (KEY)

KeyCorp is a large regional bank headquartered in Cleveland, OH. Shares are down 8.7% year-to-date.

KeyCorp is dirt cheap, with a forward P/E of just 9.9. It also pays a juicy dividend, currently yielding 3.6%.

If you're interested in regional bank powerhouses, should KeyCorp be on your list?

4. BHP Group Ltd. (BHP)

BHP Group is a mining giant headquartered in Australia. Unlike the banks, year-to-date, its shares are actually up 18.3%.

But BHP Group remains cheap. It's trading at just 9.1x forward earnings.

It pays a big dividend, currently yielding 9%.

Should value investors be looking at BHP Group?

5. Freeport McMoran (FCX)

Freeport McMoran is one of the largest copper miners in the world. It also mines gold. With copper prices at new multi-year highs, earnings are on the rise.

Shares sold off on the recent earnings report, but are still up 7.2% year-to-date.

Freeport McMoran is cheap. It's forward P/E is just 12.7.

It also pays a dividend, which is yielding 1.2%. But as commodity prices rise, so will the payouts to shareholders.

Is it time to buy Freeport McMoran?

What Else Do You Need to Know About the Charging Bulls?

Tune into this week's podcast to find out.

Why Haven't You Looked at Zacks' Top Stocks?

See Stocks Free >>

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report FreeportMcMoRan Inc. (FCX) : Free Stock Analysis Report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report KeyCorp (KEY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Friday, April 22, 2022

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including The Home Depot, Inc. (HD), Verizon Communications Inc. (VZ), and Anthem, Inc. (ANTM). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>>

Home Depot shares have declined -2.2% over the past year against the Zacks Building Products – Retail industry’s gain of +0.7% on creeping worries for the housing industry outlook in light of rising interest rates. The company reported soft gross margin in the fiscal fourth quarter driven by a higher cost of goods sold. Supply chain headwinds also marred results to some extent.

The Zacks analyst believes that the company may benefit due to strong demand for home-improvement projects, robust housing market trends, and ongoing investments, along with continued strength in both Pro and DIY categories as well as digital momentum. Its interconnected retail strategy and underlying technology infrastructure could help boost web traffic aiding digital sales.

(You can read the full research report on Home Depot here >>>)

Shares of Verizon have outperformed the Zacks Wireless National industry over the past year (+0.6% vs. -4.0%). The company plans to accelerate the availability of its 5G Ultra Wideband network, covering 175 million people by the end of 2022. The telecom giant’s growth strategy includes 5G mobility, nationwide broadband and mobile edge computing, and business solutions. Verizon has inked deals with satellite providers for early clearance of the additional C-band spectrum it acquired in 2021. The company is building the entire network infrastructure to provide the most amazing 5G experience to customers.

However, it operates in an intensely competitive market. Hefty expenses on promotions and lucrative discounts to attract customers could hurt its profitability. High auctioning expenses for the mid-band spectrum are expected to further compromise its margins.

(You can read the full research report on Verizon here >>>)

Shares of Anthem have outperformed the Zacks Medical – HMOs industry over the past year (+36.8% vs. +32.2%). The company’s improving top line can be attributed to a premium rate increase and higher memberships. The Zacks analyst believes that acquisitions and collaborations have enabled the company to boost its Medicare Advantage growth and strengthen its business portfolio. Its well-performing Medicare and Medicaid businesses coupled with several contract wins are expected to drive its membership. A solid earnings guidance for 2022 bodes well.

Anthem announced its plan to change its name to Elevance Health to boost its market position. However, escalating costs continue to put pressure on the bottom line. Its weak balance sheet with massive debts of nearly $20 billion can affect financial flexibility.

(You can read the full research report on Anthem here >>>)Other noteworthy reports we are featuring today include Salesforce, Inc. (CRM), BHP Group Limited (BHP), and BP p.l.c. (BP).Sheraz Mian Director of Research

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Today's Must Read

Focus on Pro Customers to Aid Home Depot's (HD) Top Line

5G Forte, Customer Growth to Drive Verizon (VZ) Amid Rivalry

Anthem (ANTM) Bets on Solid Top Line & Capital Position

Featured Reports

Salesforce (CRM) Rides on Partnership Wins & AcquisitionsPer the Zacks analyst, Salesforce's expanding partner ecosystem is contributing to business wins and boosting its presence globally. Also, strategic buyouts like Slack and Tableau are positive.

High Metal Prices, Operation Efficiency Aid BHP Group (BHP)The Zacks analyst believes rising iron ore, copper and nickel prices along with BHP's strong cash flow, focus on lowering debt and efforts to make operations more efficient will drive growth.

BP plc (BP) Banks on Aggressive Energy-Transition Strategy The Zacks analyst likes BP since the British integrated energy major is planning to become a net-zero emissions player by 2050. How, exposure to excessive debt capital is concerning.

Store Growth & Robust Comps Likely to Aid Starbucks (SBUX)Per the Zacks analyst, Starbucks' rapid unit growth, digital offerings and robust comps growth bode well. The company anticipates global comparable sales to reach high-single digits in fiscal 2022.

Dividends, Buybacks Aid Canadian National (CNI), Costs AilThe Zacks analyst is impressed by the company's efforts to reward its shareholders through dividends and share buybacks. However, escalating fuel costs and supply chain disruptions are concerns.

CME Group (CME) Banks on Improving Top Line, Expenses Hurt Per the Zacks analyst, its strong revenues driven by organic growth, steady market position and diverse product lines has led to significant growth. However, escalating expenses hurt its margins.

Organic Growth Supports U.S. Bancorp (USB), Higher Costs AilPer the Zacks analyst, U.S. Bancorp's organic growth, driven by higher revenues and loan balance, is likely to boost its financials. Concentrated loan portfolio and high costs are headwinds.

New Upgrades

America Movil (AMX) Benefits from Increasing Subscriber BasePer the Zacks analyst, America Movil's performance is gaining from growing subscriber base. The company's acquisitions, focused 5G efforts and deployment of advanced technologies are other tailwinds.

Pioneer Natural (PXD) Banks On Oil-Rich Permian Basin AssetsThe Zacks analyst believes that Pioneer Natural's one million-plus high-quality acreages in the Permian Basin will drive long-term oil production growth.

Watsco (WSO) Rides on Technology Platforms & AcquisitionsPer the Zacks analyst, Watsco's investments in customer-focused technologies and the expansion of the company's branch network through acquisitions are boosting performance.

New Downgrades

International Exposure & Old Facilities Ail NRG Energy (NRG)Per the Zacks analyst, NRG Energy's international operations expose it to political and economic risks and some of its old facilities create a competitive disadvantage against peers.

Huge Debt Pile & High Operating Costs to Ail Carvana (CVNA)Escalating selling, general & administrative expenses and an elevated leverage of more than 90% have made the Zacks analyst turn bearish on Carvana.

Emergent's (EBS) Overdependence on BioThrax Is A ConcernPer the Zacks analyst, Emergent derives majority of its revenues from sales of its anthrax and smallpox vaccines to the U.S. government. Any loss of existing contracts will hurt its prospects.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BP p.l.c. (BP) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Verizon Communications Inc. (VZ) : Free Stock Analysis Report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report The Home Depot, Inc. (HD) : Free Stock Analysis Report Anthem, Inc. (ANTM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

(Reuters) – BHP Group Ltd cut its annual copper production outlook on Thursday as operations at its Escondida project in Chile took a hit over protests by workers and environmental activists, as well as labour shortages due to rising COVID-19 cases.

Chile, the world's top copper producer, earlier this month sued BHP among others miners over alleged environmental damages caused by its operations in the Atacama salt flats.

That, along with road blockades, threats of work stoppage over alleged worker contract breaches, and surging COVID-19 infections at Escondida has affected production at the project, which houses the world's largest copper deposit.

"Our Chilean assets experienced a challenging operating environment in the March 2022 quarter due to a reduction in our operational workforce as a result of a significant increase in COVID-19 cases in Chile," the miner said in its third-quarter production report.

Copper production from Escondida is now expected between 1,000 thousand tonnes (kt) and 1,030 kt for 2022, down from its previous range of 1,020 kt to 1,080 kt, resulting in a slight downgrade to total copper output forecast to between 1,570 kt and 1,620 kt.

The miner has logged 1,112 kt of copper output so far this financial year, down 10% from last year. Its third-quarter iron ore output from Western Australia came in flat from last year, and missed consensus estimates.

(Reporting by Sameer Manekar in Bengaluru; Editing by Sherry Jacob-Phillips)

VANCOUVER, BC, April 21, 2022 /CNW/ – Trading resumes in:

Company: Uravan Minerals Inc.

TSX-Venture Symbol: UVN

All Issues: Yes

Resumption (ET): 9:30 AM 4/22/2022

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Cision

View original content: http://www.newswire.ca/en/releases/archive/April2022/21/c2738.html

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 19th:

Kosmos Energy KOS: This oil and gas exploration and production company with a main focus on under-explored regions in Africa, has a Zacks Rank #1 (Strong Buy) and witnessed the seen Zacks Consensus Estimate for its current year earnings increasing 79.7% over the last 60 days.

Kosmos Energy Ltd. Price and ConsensusKosmos Energy Ltd. Price and Consensus

Kosmos Energy Ltd. price-consensus-chart | Kosmos Energy Ltd. Quote

Kosmos Energy’s shares gained 72.4% over the last three months compared with the S&P 500’s decline of 1.6%. The company possesses a Momentum Score of A.

Kosmos Energy Ltd. PriceKosmos Energy Ltd. Price

Kosmos Energy Ltd. price | Kosmos Energy Ltd. Quote

Adecoagro AGRO: This company which is engaged in farming crops and other agricultural products, cattle and dairy operations, sugar, ethanol, and energy production and land transformation, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.

Adecoagro S.A. Price and ConsensusAdecoagro S.A. Price and Consensus

Adecoagro S.A. price-consensus-chart | Adecoagro S.A. Quote

Adecoagro’s shares gained 76.7% over the last three months compared with the S&P 500’s decline of 1.6%. The company possesses a Momentum Score of A

Adecoagro S.A. PriceAdecoagro S.A. Price

Adecoagro S.A. price | Adecoagro S.A. Quote

BHP Group Limited BHP: This company which is one of the world's largest diversified resource producer with operations across several continents, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

BHP Group Limited Sponsored ADR Price and ConsensusBHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

BHP Group Limited‘s shares gained 20.6% over the last three months compared with the S&P 500’s decline of 1.6%. The company possesses a Momentum Score of B.

BHP Group Limited Sponsored ADR PriceBHP Group Limited Sponsored ADR Price

BHP Group Limited Sponsored ADR price | BHP Group Limited Sponsored ADR Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Kosmos Energy Ltd. (KOS) : Free Stock Analysis Report Adecoagro S.A. (AGRO) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

WilliamsSonoma WSM: This multi-channel specialty retailer of premium quality home products, has seen the Zacks Consensus Estimate for its current year earnings increasing almost 9.8% over the last 60 days.

WilliamsSonoma, Inc. Price and ConsensusWilliamsSonoma, Inc. Price and Consensus

WilliamsSonoma, Inc. price-consensus-chart | WilliamsSonoma, Inc. Quote

BHP Group Limited BHP: This company which is one of the world's largest diversified resource companies with operations across several continents, has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

BHP Group Limited Sponsored ADR Price and ConsensusBHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

Fidelity National Financial FNF: This company which is a leading provider of title insurance, specialty insurance, and claims management services, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Fidelity National Financial, Inc. Price and ConsensusFidelity National Financial, Inc. Price and Consensus

Fidelity National Financial, Inc. price-consensus-chart | Fidelity National Financial, Inc. Quote

Grindrod Shipping GRIN: This transportation company which has a diversified fleet of owned, long-term chartered-in and joint-venture owned dry bulk and liquid-bulk vessels, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.0% over the last 60 days.

Grindrod Shipping Holdings Ltd. Price and ConsensusGrindrod Shipping Holdings Ltd. Price and Consensus

Grindrod Shipping Holdings Ltd. price-consensus-chart | Grindrod Shipping Holdings Ltd. Quote

Pilgrim's Pride PPC: This company which is engaged in the processing, production, marketing and distribution of frozen, fresh as well as value-added chicken products, has seen the Zacks Consensus Estimate for its current-year earnings increasing 4.9% over the last 60 days.

Pilgrim's Pride Corporation Price and ConsensusPilgrim’s Pride Corporation Price and Consensus

Pilgrim's Pride Corporation price-consensus-chart | Pilgrim's Pride Corporation Quote

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report WilliamsSonoma, Inc. (WSM) : Free Stock Analysis Report Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report Fidelity National Financial, Inc. (FNF) : Free Stock Analysis Report Grindrod Shipping Holdings Ltd. (GRIN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Here are three stocks with buy rank and strong income characteristics for investors to consider today, April 19th:

Grindrod Shipping GRIN: This shipping company which owns and operates a diversified fleet of owned, long-term chartered-in, and joint-venture owned dry bulk and liquid-bulk vessels, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 15.2% over the last 60 days.

Grindrod Shipping Holdings Ltd. Price and Consensus

Grindrod Shipping Holdings Ltd. price-consensus-chart | Grindrod Shipping Holdings Ltd. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 11.62%, compared with the industry average of 0.65%.

Grindrod Shipping Holdings Ltd. Dividend Yield (TTM)Grindrod Shipping Holdings Ltd. Dividend Yield (TTM)

Grindrod Shipping Holdings Ltd. dividend-yield-ttm | Grindrod Shipping Holdings Ltd. Quote

BHP Group Limited BHP: This one of the world's largest diversified resource companies with operations across several continents with a market capitalization of around $280 billion., has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

BHP Group Limited Sponsored ADR Price and ConsensusBHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

This Zacks Rank #1 company has a dividend yield of 7.68%, compared with the industry average of 0.00%.

BHP Group Limited Sponsored ADR Dividend Yield (TTM)BHP Group Limited Sponsored ADR Dividend Yield (TTM)

BHP Group Limited Sponsored ADR dividend-yield-ttm | BHP Group Limited Sponsored ADR Quote

Fidelity National Financial FNF: This company which operates in the United States provides various types of insurance products along with its subsidiaries, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Fidelity National Financial, Inc. Price and ConsensusFidelity National Financial, Inc. Price and Consensus

Fidelity National Financial, Inc. price-consensus-chart | Fidelity National Financial, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 4.17%, compared with the industry average of 0.95%.

Fidelity National Financial, Inc. Dividend Yield (TTM)Fidelity National Financial, Inc. Dividend Yield (TTM)

Fidelity National Financial, Inc. dividend-yield-ttm | Fidelity National Financial, Inc. Quote

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Fidelity National Financial, Inc. (FNF) : Free Stock Analysis Report Grindrod Shipping Holdings Ltd. (GRIN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Teck Resources Ltd (TECK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 26. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus Estimate

This company is expected to post quarterly earnings of $2.10 per share in its upcoming report, which represents a year-over-year change of +337.5%.

Revenues are expected to be $3.74 billion, up 85.8% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 10.52% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Price, Consensus and EPS Surprise Chart for TECK

Earnings Whisper

Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction) — has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Teck Resources Ltd?

For Teck Resources Ltd, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +7.48%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that Teck Resources Ltd will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?

While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Teck Resources Ltd would post earnings of $2.04 per share when it actually produced earnings of $2.02, delivering a surprise of -0.98%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom Line

An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Teck Resources Ltd appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

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Anglo American’s annual shareholder meeting next week will mark the end of an era as chief executive Mark Cutifani steps down after almost a decade at the top of one of the world’s biggest mining groups. None of this was obvious when the former engineer took charge in 2013, and much less so in late 2015, when a brutal downturn in commodity markets brought the debt-laden company, which owns De Beers and is a major producer of copper, iron ore and platinum, to the brink of collapse. “I tried to use the urgency of what was going on and turn it into a real ambition for us, which is what I think we have done,” Cutifani said in an interview.

By Valentine Hilaire

April 13 (Reuters) – Southern Copper Corp said on Wednesday that its Peruvian mine remains closed after six weeks of a standoff with protesters, accusing Peru's government of failing to intervene to guarantee security for its 1,300 workers and their families.

A recent deal aimed at ending protests at the Cuajone copper mine required the company to withdraw complaints against protest leaders, amid a continuing blockade of its railway to transport minerals and supplies, the company said in a statement. Production has been suspended since Feb. 28.

Peru's Energy Ministry said in a separate statement that it had also reached an agreement with Southern Copper to start talks to find common ground with local communities.

"If we closed for a year, the government would stop receiving more than 3.1 billion soles ($830 million) in taxes and royalties, and 8,000 direct and indirect jobs would be lost. That's what we want to avoid," the Southern Copper statement added.

Peru is facing a wave of protests from indigenous communities that accuse mining firms of not providing enough jobs and money to impoverished locals.

Central bank official Adrian Armas said last week that protests hitting copper mines such as MMG's Las Bambas and Southern Copper's Cuajone are weighing down the economy.

Peru is the world's No. 2 copper producer and mining is a key source of tax revenue.

Protests hit several mining companies in Peru when leftist President Pedro Castillo took office last July after winning the election with support from the country's impoverished mining regions. ($1 = 3.7330 soles) (Additional reporting by Marcelo Rochabrun; Editing by Kenneth Maxwell)

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