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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Teck Resources Ltd (TECK)

Vancouver, Canada-based Teck Resources Limited is a diversified resource company committed to mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy.

TECK boasts a Growth Style Score of B and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 59.3% year-over-year for 2022, while Wall Street anticipates its top line to improve by 31.6%.

15 analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $2.04 to $7.20 per share. TECK also boasts an average earnings surprise of 13%.

Teck Resources Ltd is also cash rich. The company has generated cash flow growth of 14.6%, and is expected to report cash flow expansion of 139.5% in 2022.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, TECK should be on investors' short lists.

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 Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

For Immediate Release

Chicago, IL – April 14, 2022 – Stocks in this week’s article are Centennial Resource Development, Inc. CDEV, Nutrien Ltd. NTR, Teck Resources Ltd. TECK, Pilgrim's Pride Corp. PPC and Univar Solutions Inc. UNVR.

5 High Earnings Yield Value Picks to Ride Out Volatility

The Fed is leaning toward a 50-basis point rate hike at the next meeting on May 3-4 and is likely to begin reducing the record-high balance sheet. In addition to inflation and geopolitical tensions, the rising COVID-19 cases in China have also spooked investors. Market volatility is here to stay.

In this hair-trigger market, value investing could be one of the most effective investment approaches. The strategy basically seeks to profit from investing in fundamentally strong stocks that appear to be trading at a discount to their intrinsic values. Value investors benefit from identifying and buying stocks that are underestimated by the equity market and are thus trading below their true value, and eventually make handsome returns when the stock price rises toward its intrinsic value to reflect actual fundamentals.

While the P/E ratio is generally regarded as one of the most popular valuation metrics, there's another interesting ratio that you can consider for ferreting out attractively valued stocks. And that is earnings yield. Consider unlocking your portfolio value with these five high earnings yield stocks — Centennial Resource Development, Inc., Nutrien Ltd., Teck Resources Ltd., Pilgrim's Pride Corp., and Univar Solutions Inc..

Earnings Yield: Reciprocal of P/E ratio

Earnings yield is useful for investors concerned about the rate of return on investment. This metric, expressed in percentage, is calculated as annual earnings per share (EPS) divided by market price — the inverse of the P/E ratio. Firms with higher earnings yield are considered underpriced, while those with lower earnings yield are seen as overpriced. Earnings yield captures both the tangible and intangible yield of a firm, as opposed to dividend yield, which only takes into account the tangible yield.

It should be noted that earnings yield is an important tool for investors with exposure to both stocks and bonds. In fact, with regard to this, earnings yield can be more illuminating than the traditional P/E ratio, as the former facilitates the comparison of stocks with fixed-income securities. For instance, when the yield of the market index is more than the 10-year Treasury yield, stocks can be considered as undervalued than bonds. In this situation, investing in the stock market would be a better option for a value investor.

Here we discuss five of the 134 stocks that qualified the screen:

Centennial Resource: Centennial is an exploration and production company that is focused on the Permian Basin. Its properties consist of acreage blocks, primarily in Reeves County, West Texas and Lea County, New Mexico. For 2022, Centennial projects net average daily production at 61,500-67,500 barrels of oil equivalent per day (Boe/d), indicating an increase from 60,939 Boe/d in 2021. The company also announced a $350-million stock buyback program when it reported fourth-quarter results.

CDEV topped earnings estimates in three out of the last four quarters while missing once, with the average being 8.1%. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 191.3% and 32.2%, respectively. The stock sports a Zacks Rank #1 and has a VGM Score of B.

Nutrien: Canada-based Nutrien is a leading provider of crop inputs and services. The company is benefiting from solid demand and higher prices for crop nutrients on strength in the global agriculture markets. NTR is also gaining from acquisitions, cost efficiency and increased adoption of the digital platform. The company also continues to expand its footprint in Brazil through acquisitions, including Tec Agro.

Nutrien currently sports a Zacks Rank #1 and has a VGM Score of A. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 109% and 30%, respectively. NTR topped earnings estimates in three out of the last four quarters while missing once, with the average being 60.3%.

Teck Resources: Canada-based Teck Resources is a diversified resource company committed to mining and mineral development, with business units focused on steelmaking coal, copper, zinc, and energy. TECK is well positioned to benefit from its portfolio of world-class assets in stable jurisdictions, ongoing cost reduction program and innovation-driven efficiency program, RACE21.

Currently, Teck Resources sports a Zacks Rank #1 and has a VGM Score of B. The company topped earnings estimates in three out of the last four quarters while missing once, with the average being 13%. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 60% and 32%, respectively.

Pilgrim's Pride: Headquartered in Greeley, Pilgrim's Pride is engaged in the processing, production, marketing, and distribution of frozen, fresh as well as value-added chicken products. The company's customer-centric approach and deployment of advanced technologies have propelled it to come up with unique offerings that provide competitive advantages. The acquisition of Kerry Consumer Foods' Meats and Meals business in the U.K. and Ireland has expanded PPC's European foothold.

Pilgrim's Pride surpassed estimates in three of the last four quarters and missed once, with the average being 25%. The Zacks Consensus Estimate for its 2022 earnings has been revised upward by 5 cents over the past seven days to $2.78 per share, implying year-over-year growth of 22%. PPC has a long-term expected EPS growth of 10.2%. The stock currently carries a Zacks Rank #2 and a VGM Score of A.

Univar: Illinois-based Univar is benefiting from market share gains, operational execution, cost minimization and a robust liquidity position. It is well placed to gain from consistent market expansion and acquisitions. The acquisition of Nexeo Solutions also enhanced UNVR's capabilities and accelerated its ability to create a significant value for customers, supplier partners, employees as well as shareholders. Univar is also benefiting from chemical price inflation, which is contributing to top-line growth.

Univar has an expected earnings growth rate of 18.5% for the current year. The consensus estimate for earnings for the current year for UNVR has been revised 34.2% upward over the past 60 days. The company beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average of 31%. The stock sports a Zacks Rank #1 and has a VGM Score of B.

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The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1898413/5-high-earnings-yield-value-picks-to-ride-out-market-volatility

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

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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/performancefor 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 Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report Univar Solutions Inc. (UNVR) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report Centennial Resource Development (CDEV) : Free Stock Analysis Report Nutrien Ltd. (NTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Since the beginning of this year, Wall Street has been suffering from extreme volatility amid high inflation and worries over the war in Ukraine. The Russia-Ukraine war is not particularly raising recession risks in the United States but is increasing upward pressure on inflation. Inflation is at a 40-year high in the United States. In order to combat skyrocketing inflation, the Fed raised the benchmark interest rate by 25 basis points in March for the first time in three years. The Fed is leaning toward a 50-basis point rate hike at the next meeting on May 3-4 and is likely to begin reducing the record-high balance sheet. In addition to inflation and geopolitical tensions, the rising COVID-19 cases in China have also spooked investors. Market volatility is here to stay.

While the P/E ratio is generally regarded as one of the most popular valuation metrics, there’s another interesting ratio that you can consider for ferreting out attractively valued stocks. And that is earnings yield. Consider unlocking your portfolio value with these five high earnings yield stocks — Centennial Resource Development, Inc. CDEV, Nutrien Limited NTR, Teck Resources Limited TECK, Pilgrim's Pride Corporation PPC and Univar Solutions Inc. UNVR.

Earnings Yield: Reciprocal of P/E ratio

The Winning Strategy

We have set Earnings Yield greater than 10% as our primary screening criterion but it alone cannot be used for picking stocks that have the potential of generating solid returns. So, we have added the following parameters to the screen:

Estimated EPS growth for the next 12 months greater than or equal to the S&P 500: This metric compares the 12-month forward EPS estimate with the 12-month actual EPS.

Average Daily Volume (20 Days) greater than or equal to 100,000: High trading volume implies that a stock has adequate liquidity.

Current Price greater than or equal to $5.

Buy-Rated Stocks: Stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have been known to outperform peers in any type of market environment. You can see the complete list of today’s Zacks #1 Rank stocks here.

Our Picks

Here we discuss five of the 134 stocks that qualified the screen:

Pilgrim’s Pride: Headquartered in Greeley, Pilgrim’s Pride is engaged in the processing, production, marketing, and distribution of frozen, fresh as well as value-added chicken products. The company’s customer-centric approach and deployment of advanced technologies have propelled it to come up with unique offerings that provide competitive advantages. The acquisition of Kerry Consumer Foods’ Meats and Meals business in the U.K. and Ireland has expanded PPC’s European foothold.

Pilgrim’s Pride surpassed estimates in three of the last four quarters and missed once, with the average being 25%. The Zacks Consensus Estimate for its 2022 earnings has been revised upward by 5 cents over the past seven days to $2.78 per share, implying year-over-year growth of 22%. PPC has a long-term expected EPS growth of 10.2%. The stock currently carries a Zacks Rank #2 and a VGM Score of A.

Univar: Illinois-based Univar is benefiting from market share gains, operational execution, cost minimization and a robust liquidity position. It is well placed to gain from consistent market expansion and acquisitions. The acquisition of Nexeo Solutions also enhanced UNVR’s capabilities and accelerated its ability to create a significant value for customers, supplier partners, employees as well as shareholders. Univar is also benefiting from chemical price inflation, which is contributing to top-line growth.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance

In value investing, it is a common practice to pick stocks that are cheap but fundamentally strong. There are a number of investment styles for finding great stocks at attractive values.

While considering valuation metrics, though price-to-earnings and price-to-sales are the first choices, the P/B ratio is also emerging as a convenient tool for identifying low-priced stocks that have high-growth prospects.

Price-to-book ratio or P/B ratio is essentially the ratio of stock price to book value, i.e., how much an investor needs to pay for each dollar of the book value of a stock. It is calculated by dividing the current closing price of the stock by the book value per share.

Here’s the formula of P/B ratio:

P/B ratio = market capitalization/book value of equity.

The P/B ratio helps to identify low-priced stocks that have high growth prospects. Signet Jewelers Limited SIG, ASE Technology Holding ASX, Group 1 Automotive GPI, Teck Resources Limited TECK and Target Corporation TGT are some such picks.

Now let us understand the concept of book value.

What’s Book Value?

There are several ways by which book value can be defined. Book value is the total value that would be left over, according to the company’s balance sheet, if it goes bankrupt immediately. In other words, this is what shareholders would theoretically receive if a company liquidates all its assets after paying off all its liabilities.

It is calculated by subtracting total liabilities from the total assets of a company. In most cases, this equates to common stockholders’ equity on the balance sheet. However, depending on the company’s balance sheet, intangible assets should also be subtracted from total assets to determine book value.

Understanding P/B Ratio

By comparing the book value of equity to its market price, we get an idea of whether a company is under-or overpriced. However, like P/E or P/S ratio, it is always better to compare P/B ratios within industries.

A P/B ratio of less than one means that the stock is trading at less than its book value, or the stock is undervalued and therefore a good buy. Conversely, a stock with a ratio greater than one can be interpreted as being overvalued or relatively expensive.

For example, a stock with a P/B ratio of 2 means that we pay $2 for every $1 of book value. Thus, the higher the P/B, the more expensive the stock.

But there is a caveat. A P/B ratio less than one can also mean that the company is earning weak or even negative returns on its assets or that the assets are overstated, in which case the stock should be shunned because it may be destroying shareholder value. Conversely, the stock’s price may be significantly high — thereby pushing the P/B ratio to more than one — in the likely case that it has become a takeover target, a good enough reason to own the stock.

Moreover, the P/B ratio isn't without limitations. It is useful for businesses — like finance, investments, insurance, and banking or manufacturing companies — with many liquid/tangible assets on the books. However, it can be misleading for firms with significant R&D expenditure, high debt, service companies, or those with negative earnings.

In any case, the ratio is not particularly relevant as a standalone number. One should analyze other ratios like P/E, P/S, and debt to equity before arriving at a reasonable investment decision.

Screening Parameters

Price to Book (common Equity) less than X-Industry Median: A lower P/B compared with the industry average implies that there is enough room for the stock to gain.

Price to Sales less than X-Industry Median: The P/S ratio determines how much the market values every dollar of the company’s sales/revenues — a lower ratio than the industry makes the stock attractive.

Price to Earnings using F(1) estimate less than X-Industry Median: The P/E ratio (F1) values a company based on its current share price relative to its estimated earnings per share — a lower ratio than the industry is considered better.

PEG less than 1: PEG links the P/E ratio to the future growth rate of the company. The PEG ratio portrays a more complete picture than the P/E ratio. A value of less than 1 indicates that the stock is undervalued and investors need to pay less for a stock that has bright earnings growth prospects.

Current Price greater than or equal to $5: They must all be trading at a minimum of $5 or higher.

Average 20-Day Volume greater than or equal to 100,000: A substantial trading volume ensures that the stock is easily tradable.

Zacks Rank less than or equal to #2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.

Value Score equal to A or B: Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best opportunities in the value investing space.

Here are our five picks out of the 19 stocks that qualified the screening:

Signet Jewelers is a retailer of diamond jewelry, watches as well as other products.

Signet Jewelers has a projected 3-5-year EPS growth rate of 8%. Signet Jewelers currently has a Zacks Rank #2and a Value Score of A.You cansee the complete list of today’s Zacks #1 Rank stocks here.

ASE Technology Holding is a provider of semiconductor manufacturing services in assembly and testing.

ASE Technology Holding has a projected 3-5 year EPS growth rate of 27.8%. ASE Technology Holding currently has a Zacks Rank #2 and a Value Score of A.

Teck Resources Limited is a diversified resource company committed to mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy.

Teck Resources has a projected 3-5 year EPS growth rate of 38.7%. TECK currently has a Zacks Rank #2 and a Value Score of A.

Group 1 Automotive is a leading automotive retailer. Through its dealerships, the firm sells new and used cars and light trucks. Apart from selling new and used vehicles, Group 1 Automotive offers vehicle financing and insurance and service contracts.

Group 1 Automotive has a projected 3-5-year EPS growth rate of 10.7%. It currentlyhas a Zacks Rank #2 and a Value Score of A.

Target Corporation provides an array of goods ranging from household essentials and electronics to toys and apparel for men, women and kids. Target Corporation has evolved from just being a pure brick-&-mortar retailer to an omni-channel entity. The company has been investing in technologies, improving websites and mobile apps and modernizing its supply chain to keep pace with the changing retail landscape and better compete with pure e-commerce players.

Target has a projected 3-5 year EPS growth rate of 16.5%. TGT currently has a Zacks Rank #2 and a Value Score of B.

Get the rest of the stocks on the list and startputting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/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 Target Corporation (TGT) : Free Stock Analysis Report Signet Jewelers Limited (SIG) : Free Stock Analysis Report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report ASE Technology Holding Co., Ltd. (ASX) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Aurcana Silver Corporation

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, April 11, 2022 (GLOBE NEWSWIRE) — AURCANA SILVER CORPORATION ("Aurcana" or the "Company") (TSXV: AUN) provides the following update:

As outlined in the press release dated March 21, 2022, Aurcana continues to evaluate all available alternatives with respect to the Company and satisfying the conditions precedents contained in the restructuring agreements entered into with subsidiaries of Mercuria Energy Group in respect of the Company’s outstanding $28 million term loan and associated hedging package. Aurcana is actively pursuing multiple financial and strategic alternatives that are in the best interests of the Company and its stakeholders and has engaged a financial advisor to assist in identifying and analyzing opportunities. The Company remains optimistic as to its prospects, although there can be no assurances that any transaction(s) will occur.

In addition to its focus on the required financing, the Company continues to work to optimize the mine development and restart plan for the Revenue-Virginius Mine to reduce time and capital requirements. The #1 hoist installation remains the critical path followed by finishing the development to have four working faces available and then to resume mining activities on the 1800 level.

ABOUT AURCANA SILVER CORPORATION

Aurcana Silver Corporation owns the Revenue-Virginius Mine, in Colorado, and the Shafter-Presidio Silver Project in Texas, US. The primary resource at Shafter and Revenue-Virginius is silver. Both are fully permitted for production.

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA SILVER CORPORATION

“Kevin Drover”President & CEO

For further information, visit the website at www.aurcana.com or contact:

Aurcana Silver Corporation850 – 789 West Pender StreetVancouver, BC V6C 1H2Phone: (604) 331-9333

CAUTIONARY NOTES

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words “anticipate”, “plan”, “continue”, “expect”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”, “potential” and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning, without limitation, statements relating to the Company’s evaluation of financial and strategic alternatives and the proposed restructuring arrangements with Mercuria (including, without limitation, in respect of the satisfaction of the Conditions precedent to effectiveness of all such restructuring arrangements), , as well as the impact of the aforementioned matters on the production and operations of the Company at the RV Mine and the impact on the financial condition of the Company as a whole (and including statements with respect to the timing of all such matters). Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the receipt of regulatory or shareholder approvals, and risks related to the state of financial markets or future metals prices.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company’s future operations. The Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

Teck Resources Limited TECK recently provided an update regarding its first-quarter 2022 steelmaking coal sales volumes and realized prices. Due to recent logistics disruptions in British Columbia, Canada, TECK's steelmaking coal sales fell short of guidance. However, the company reported a higher average realized steelmaking coal price for the quarter.The shutdown of the Canadian Pacific Railway's CP operations due to a wage and pension-related dispute with its union had an impact on the mining industry. Teck Resources was no exception. The company stated that rail service was impacted by its steelmaking coal operations in the Elk Valley in southeastern British Columbia. Consequently, realized first-quarter steelmaking coal sales were 6 million tons in the March-ended quarter. This fell short of the low end of the company's guidance of 6.1-6.5 million tons and a sales volume of 6.2 million reported in the first quarter of 2021.Teck Resources reported that the average realized steelmaking coal price in the first quarter was $357 per ton, backed by record steelmaking coal FOB prices. The sequential increase in steelmaking coal prices from $351 per ton in the fourth quarter of 2021 led to positive pricing adjustments of approximately $88 million. In the first quarter of 2021, realized steelmaking coal price was$131 per ton.The company had reported steelmaking coal sales volumes of 5.1 million tons in the fourth quarter of 2021, which was down by 1.5 million tons from the fourth quarter of 2020, primarily due to severe weather conditions in British Columbia. Heavy rains and flooding caused rail infrastructure damage that disrupted westbound rail service in the second half of November. Even though service was partially restored in the first half of December, it did not return to full capacity prior to the 2021 end. Extreme cold and freezing conditions in southern B.C. disrupted rail and port operations again during the last week of December. This scenario escalated transportation costs for the segment.Despite these setbacks, the Steelmaking Coal segment's sales soared 174% year on year in the fourth quarter of 2021, mainly on high steel pricing. The segment reported an operating profit of $1,185 million against an operating loss of $70 million in the prior-year quarter.The higher realized steelmaking coal price in the first quarter of 2022 might have negated the impact of lower volumes. Teck Resources' results are anticipated to reflect higher copper, zinc, molybdenum and gold prices witnessed through the quarter when the company reports its first-quarter 2022 results on Apr 27.The Zacks Consensus for the first quarter is currently pegged at $3.79 billion, suggesting year-over-year growth of 88%. The same for earnings stands at $2.16, indicating a whopping surge of 350% from 48 cents reported in the last-year quarter.

Price PerformanceZacks Investment Research

Image Source: Zacks Investment Research

The company's shares have soared 110.6% in the past year compared with the industry's rally of 14.6%.

Zacks Rank

Teck Resources currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Other Stocks to Consider

Some other top-ranked stocks worth considering in the basic materials space include Nutrien Ltd. NTR and Commercial Metals Company CMC.Nutrien, sporting a Zacks Rank #1, has an expected earnings growth rate of 108.7% for the current year. The Zacks Consensus Estimate for NTR's current-year earnings has been revised 37.4% upward over the last 60 days.Nutrien has a trailing four-quarter earnings surprise of roughly 60.3%, on average. NTR has rallied around 95% in a year.Commercial Metals, sporting a Zacks Rank #1, has a projected earnings growth rate of 114.7% for the current fiscal year. The Zacks Consensus Estimate for CMC's current fiscal year earnings has been revised upward by 35.1% over the past 60 days.Commercial Metals has a trailing four-quarter earnings surprise of roughly 13.7%, on average. CMC has gained around 43% in a year.

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 Canadian Pacific Railway Limited (CP) : Free Stock Analysis Report Commercial Metals Company (CMC) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report Nutrien Ltd. (NTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

SAO PAULO, March 30 (Reuters) – Brazilian miner Samarco Mineracao SA failed to reach an agreement with creditors on its restructuring plan after a new round of meetings, it said on Wednesday, ahead of an April 1 bondholders assembly.

The company, a joint venture between Vale SA and BHP Group PLC, said in a statement it presented bondholders with "significant improvements" to its restructuring proposal, but no deal had been reached.

Creditors of Samarco had suspended an assembly earlier this month after the company came up with the new restructuring proposal, offering an alternative to pay them with hybrid bonds that would distribute part of Samarco's cash flow.

Bondholders, that had rejected Samarco's previous proposal, agreed to reconvene on April 1 to vote on the offer. They could also push for an alternative plan, but Samarco said their proposal was inviable.

"The company demonstrated payment prospects and commitments to creditors in the short, medium and long term… (But) it was not possible to reach to date an agreement due to the inviability of some of the most recent bondholder proposals with the business plan of the company," Samarco said.

"The proposals presented by the funds put at risk the maintenance and the full resumption of Samarco's operations," it added.

Samarco said that it remains in contact with bondholders' advisors to reach a "viable agreement that meets the interests of all parties."

(Reporting by Tatiana Bautzer and Gabriel Araujo, Editing by Louise Heavens)

Value investing is all about ferreting out stocks that are currently priced lower than their intrinsic value. But how do value investors go about discovering these hidden gems? Many prefer price to earnings (P/E) and price to sales (P/S) ratios for identifying low-priced stocks with exceptional returns. There’s another interesting ratio that you can consider for finding attractively valued stocks. And that is earnings yield, which is nothing but the reciprocal of the P/E ratio, albeit a little more illuminating than the traditional P/E ratio.

Earnings Yield is measured as (Annual Earnings per Share/Market Price) x 100. While comparing similar stocks, the one with higher earnings yield is more likely to provide better returns, with other factors remaining constant. Marathon Oil Corporation MRO, Nutrien Limited NTR, Arrow Electronics Inc. ARW, Micron Technology MU and Teck Resources Limited TECK could be some attractive bets if you are looking for high earnings yield picks.

Earnings yield has an edge over the P/E ratio as the former facilitates the comparison of stocks with fixed-income securities. Investors often compare the earnings yield of a stock to the prevailing interest rates, such as the current 10-year Treasury yield, to get a sense of the return on investment it offers compared to virtually risk-free returns.

If the yield on a stock is lower than the 10-year Treasury yield, it would be considered overvalued relative to bonds. Conversely, if the yield on the stock is higher, it would be considered undervalued. In this situation, investing in the stock market would be a better option for a value investor.

It is important to remember that T-bills are risk free, while stock investments come with a caveat. It would be a good idea to add a risk premium to the Treasury yield while comparing it with the earnings yield of a stock or the overall market.

The Winning Strategy

Estimated EPS growth for the next 12 months greater than or equal to the S&P 500: This metric compares the 12-month forward EPS estimate with the 12-month actual EPS.

Average Daily Volume (20 Day) greater than or equal to 100,000: High trading volume implies that a stock has adequate liquidity.

Current Price greater than or equal to $5.

Our Choices

Here are four of the 123 stocks that made it through the screen:

Nutrien: Canada-based Nutrien is a leading provider of crop inputs and services. The company is benefiting from solid demand and higher prices of crop nutrients on strength in the global agriculture markets. NTR is also gaining from acquisitions, cost efficiency and increased adoption of its digital platform. The company continues to expand its footprint in Brazil through acquisitions, including Tec Agro.

Nutrien currently sports a Zacks Rank #1 (Strong Buy). It has an expected earnings growth rate of 106.4% for the current year. The Zacks Consensus Estimate for earnings of NTR for the current year has moved up 37.8% in the past 60 days.

Marathon Oil: Texas-based Marathon Oil is one of the leading oil and natural gas exploration companies. The wells drilled by Marathon Oil have extremely low oil price breakeven costs and need oil prices of just $35 a barrel to be profitable. MRO’s robust operational metrics should support strong long-term cash flows. The company is targeting production in the range of 340,000-350,000 barrels of oil equivalent per day in 2022.

Marathon Oil, currently sporting a Zacks Rank #1, surpassed estimates in the last four quarters, with the average being 37.4%. The Zacks Consensus Estimate for its 2022 earnings has improved 11 cents over the past seven days to $3.23 per share, implying year-over-year growth of 106%.

Arrow Electronics: New York-based Arrow Electronics is one of the world’s largest distributors of electronic components and enterprise computing products. ARW’s core strength of providing best-in-class services and easy-to-acquire technologies will bolster its growth in the future. Continued focus on boosting Internet of things capabilities is helping the company to expand to newer markets and gain customers.

Arrow Electronics — currently flaunting a Zacks Rank #1 — surpassed earnings estimates in the last four quarters, with the average being 19%. The Zacks Consensus Estimate for its 2022 earnings has improved 18.8% over the past 60 days to $18.48 per share, implying year-over-year growth of 19.2%.

Teck Resources: Canada-based Teck Resources is a diversified resource company committed to mining and mineral development, with business units focused on steelmaking coal, copper, zinc and energy. TECK is well positioned to benefit from its portfolio of world-class assets in stable jurisdictions, ongoing cost reduction program and innovation-driven efficiency program, RACE21.

Currently, Teck Resources sports a Zacks Rank #1. The company surpassed estimates in the last four quarters, with the average being 13%. The Zacks Consensus Estimate for its 2022 earnings has improved 7.4% over the past seven days to $7.11 per share, implying year-over-year growth of 57.3%.

Micron: Idaho-based Micron has established itself as one of the leading worldwide providers of semiconductor memory solutions. The company is witnessing growing demand for memory chips from cloud-computing providers and acceleration in 5G cellular network adoptions. The rising mix of high-value solutions, enhancement in customer engagement and improvement in the cost structure are growth drivers as well.

Micron — which currently carries a Zacks Rank #2 — surpassed earnings estimates in the last four quarters, with the average being 5%. The Zacks Consensus Estimate for its fiscal 2022 earnings has improved 8 cents over the past 30 days to $9.03 per share, implying year-over-year growth of 49%.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/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 Marathon Oil Corporation (MRO) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report Arrow Electronics, Inc. (ARW) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report Nutrien Ltd. (NTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

For Immediate Release

Chicago, IL – March 30, 2022 – Stocks in this week’s article are Celestica CLS, ASE Technology Holding ASX, Harley-Davidson HOG, Teck Resources Ltd. TECK and Hillenbrand HI.

Buy These 5 Low Price-to-Book-Value Stocks for Solid Returns

Value investors prefer price to earnings (P/E) and price to sales (P/S) ratios for identifying low-priced stocks with exceptional returns. However, the underrated price-to-book ratio (P/B ratio) is also an easy-to-use valuation tool for the purpose. The ratio is used to compare a stock's market value/price to its book value.

The P/B ratio is calculated as below:

P/B ratio = market price per share/book value of equity per share

P/B ratio reflects how many times book value investors are ready to pay for a share. So, if the share price is $10 and book value of equity is $5, investors are ready to pay two times the book value. Ideally, a P/B value under 1.0 is considered good, indicating a potentially undervalued stock. However, value investors often consider stocks with a P/B value under 3.0.

The P/B ratio helps to identify low-priced stocks that have high growth prospects. Celestica, ASE Technology Holding, Harley-Davidson, Teck Resources Ltd. and Hillenbrand are some such picks.

Now let us understand the concept of book value.

What's Book Value?

There are several ways by which book value can be defined. Book value is the total value that would be left over, according to the company's balance sheet, if it goes bankrupt immediately. In other words, this is what shareholders would theoretically receive if a company liquidates all its assets after paying off all its liabilities.

It is calculated by subtracting total liabilities from the total assets of a company. In most cases, this equates to common stockholders' equity on the balance sheet. However, depending on the company's balance sheet, intangible assets should also be subtracted from total assets to determine book value.

Understanding P/B Ratio

For example, a stock with a P/B ratio of 2 means that we pay $2 for every $1 of book value. Thus, the higher the P/B, the more expensive the stock.

But there is a caveat. A P/B ratio less than one can also mean that the company is earning weak or even negative returns on its assets or that the assets are overstated, in which case the stock should be shunned because it may be destroying shareholder value. Conversely, the stock's price may be significantly high — thereby pushing the P/B ratio to more than one — in the likely case that it has become a takeover target, a good enough reason to own the stock.

In any case, the ratio is not particularly relevant as a standalone number. One should analyze other ratios like P/E, P/S, and debt to equity before arriving at a reasonable investment decision.

Here are our five picks out of the 18 stocks that qualified the screening:

Celestica is one of the largest electronics manufacturing services companies in the world, serving the computer and communications sectors.

Celestica has a Zacks Rank #1 and a Value Score of A. Celestica has a projected 3-5 year EPS growth rate of 14.5%.

You can see the complete list of today's Zacks #1 Rank stocks here.

ASE Technology Holding is a provider of semiconductor manufacturing services in assembly and testing.

ASE Technology Holding has a projected 3-5 year EPS growth rate of 26.9%. ASE Technology Holding currently has a Zacks Rank #2 and a Value Score of A.

Teck Resources Limited is a diversified resource company committed to mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy.

Teck Resources has a projected 3-5 year EPS growth rate of 38.7%. TECK currently has a Zacks Rank #2 and a Value Score of A.

Harley-Davidson is one of the leading motorcycle makers in the world. It is the parent entity of company groups doing business as Harley-Davidson Motor Company and Harley-Davidson Financial Services.

Harley-Davidson has a projected 3-5 year EPS growth rate of 46.4%. TECK currently has a Zacks Rank #1 and a Value Score of A.

Hillenbrand is a global diversified industrial company with multiple market-leading brands that serve a wide variety of industries across the globe. Hillenbrand's portfolio comprises two business segments: the Process Equipment Group and Batesville.

Hillenbrand has a projected 3-5 year EPS growth rate of 12%. Hillenbrand currently has a Zacks Rank #2 and a Value Score of A.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.

Click here to sign up for a free trial to the Research Wizard today.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1888921/buy-these-5-low-price-to-book-value-stocks-for-solid-returns

About Screen of the Week

Strong Stocks that Should Be in the News

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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 HarleyDavidson, Inc. (HOG) : Free Stock Analysis Report Celestica, Inc. (CLS) : Free Stock Analysis Report ASE Technology Holding Co., Ltd. (ASX) : Free Stock Analysis Report Hillenbrand Inc (HI) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

(Reuters) – BHP Group Ltd said on Tuesday it will invest more than $10 billion in Chile to fuel growth in the world's largest copper producing nation for the next 50 years, but only under certain regulatory and fiscal situations.

Chile, which supplies nearly a quarter of the world's copper, recently elected a new leftist government, is redrafting its constitution and considering raising its mining royalty to fund expanded social programs. Several copper miners have paused investment decisions in the country while the political negotiations play out.

"We love Chile. We would like to stay here. We would like to grow in this country. But in order to do that, it will require fiscal stability, legal certainty and a clear pathway to permit," Ragnar Udd, BHP's president of minerals, Americas, told the CRU-CESCO World Copper Conference in Santiago.

BHP already operates Chile's Escondida, the world's largest copper mine.

Udd spoke at the conference not long after Marcela Hernando Pérez, the new Chilean mining minister, who said that Santiago does not plan to nationalize the country's mining sector. Perez had left by the time Udd spoke.

Udd said that the investments from BHP would fund a new concentrator and leach processing facilities, new mining areas and projects to help reduce the company's carbon emissions.

"I hope that I've convinced you today that under the right investment conditions, we can deliver copper to support the world of the future in a way that is sustainable and create social value for the communities and societies in which we operate," Udd said.

(Reporting by Ernest Scheyder and Fabian Cambero; Editing by Marguerita Choy)

March 29 (Reuters) – BHP Group Ltd said on Tuesday it will invest more than $10 billion in Chile to fuel growth in the world's largest copper producing nation for the next 50 years, but only under certain regulatory and fiscal situations.

BHP already operates Chile's Escondida, the world's largest copper mine.

Udd said that the investments from BHP would fund a new concentrator and leach processing facilities, new mining areas and projects to help reduce the company's carbon emissions.

The P/B ratio is calculated as below:

P/B ratio = market price per share/book value of equity per share

The P/B ratio helps to identify low-priced stocks that have high growth prospects. Celestica CLS, ASE Technology Holding ASX, Harley-Davidson HOG, Teck Resources Limited TECK and Hillenbrand HI are some such picks.

Now let us understand the concept of book value.

What’s Book Value?

Understanding P/B Ratio

For example, a stock with a P/B ratio of 2 means that we pay $2 for every $1 of book value. Thus, the higher the P/B, the more expensive the stock.

In any case, the ratio is not particularly relevant as a standalone number. One should analyze other ratios like P/E, P/S, and debt to equity before arriving at a reasonable investment decision.

Screening Parameters

Price to Book (common Equity) less than X-Industry Median: A lower P/B compared with the industry average implies that there is enough room for the stock to gain.

Price to Sales less than X-Industry Median :The P/S ratio determines how much the market values every dollar of the company’s sales/revenues — a lower ratio than the industry makes the stock attractive.

Current Price greater than or equal to $5: They must all be trading at a minimum of $5 or higher.

Average 20-Day Volume greater than or equal to 100,000: A substantial trading volume ensures that the stock is easily tradable.

Zacks Rank less than or equal to #2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.

Value Score equal to A or B: Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best opportunities in the value investing space.

Here are our five picks out of the 18 stocks that qualified the screening:

Celestica is one of the largest electronics manufacturing services companies in the world, serving the computer and communications sectors.

Celestica has a Zacks Rank #1 and a Value Score of A. Celestica has a projected 3-5 year EPS growth rate of 14.5%.

You cansee the complete list of today’s Zacks #1 Rank stocks here.