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L1 Capital, an investment management firm, published its ‘L1 Long Short Fund Limited’ fourth quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly net return of -1.7% was recorded by the fund for the fourth quarter of 2021, underperforming its S&P ASX 200 AI benchmark by -3.8%. The benchmark meanwhile had a 2.1% gain for the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

L1 Capital Long Short Fund Limited, in its Q4 2021 investor letter, mentioned Teck Resources Limited (NYSE: TECK) and discussed its stance on the firm. Teck Resources Limited is a Vancouver, Canada-based mining company with a $19.4 billion market capitalization. TECK delivered a 26.41% return since the beginning of the year, while its 12-month returns are up by 84.83%. The stock closed at $36.43 per share on February 11, 2022.

Here is what L1 Capital Long Short Fund Limited has to say about Teck Resources Limited in its Q4 2021 investor letter:

"Detailed, bottom-up stock research remains the investment team’s primary focus and the core driver of portfolio performance. 2021 once again demonstrated the team’s ability to identify ‘winners’ through extensive company and industry research across a diverse range of sectors. Key contributors included Teck Resources, (due to its) strong operating performance along with rising copper, coking coal and zinc prices. Construction of one of the world’s largest copper mines (QB2) remains on track."

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Our calculations show that Teck Resources Limited (NYSE: TECK) failed to obtain a mark on our list of the 30 Most Popular Stocks Among Hedge Funds. TECK was in 41 hedge fund portfolios at the end of the third quarter of 2021, compared to 40 funds in the previous quarter. Teck Resources Limited (NYSE: TECK) delivered a 27.73% return in the past 3 months. You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

Disclosure: None. This article is originally published at Insider Monkey.

Teck Resources' (TSE:TECK.B) stock is up by a considerable 39% over the past three months. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign about the company's financial health. In this article, we decided to focus on Teck Resources' ROE.

ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.

See our latest analysis for Teck Resources

How Is ROE Calculated?

Return on equity can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for Teck Resources is:

4.1% = CA$919m ÷ CA$22b (Based on the trailing twelve months to September 2021).

The 'return' is the yearly profit. So, this means that for every CA$1 of its shareholder's investments, the company generates a profit of CA$0.04.

Why Is ROE Important For Earnings Growth?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

A Side By Side comparison of Teck Resources' Earnings Growth And 4.1% ROE

On the face of it, Teck Resources' ROE is not much to talk about. We then compared the company's ROE to the broader industry and were disappointed to see that the ROE is lower than the industry average of 14%. For this reason, Teck Resources' five year net income decline of 33% is not surprising given its lower ROE. We reckon that there could also be other factors at play here. For example, it is possible that the business has allocated capital poorly or that the company has a very high payout ratio.

That being said, we compared Teck Resources' performance with the industry and were concerned when we found that while the company has shrunk its earnings, the industry has grown its earnings at a rate of 30% in the same period.

past-earnings-growth

Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Teck Resources''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

Is Teck Resources Using Its Retained Earnings Effectively?

Teck Resources' low three-year median payout ratio of 3.4% (or a retention ratio of 97%) over the last three years should mean that the company is retaining most of its earnings to fuel its growth but the company's earnings have actually shrunk. This typically shouldn't be the case when a company is retaining most of its earnings. So there might be other factors at play here which could potentially be hampering growth. For instance, the business has faced some headwinds.

Additionally, Teck Resources has paid dividends over a period of at least ten years, which means that the company's management is determined to pay dividends even if it means little to no earnings growth. Upon studying the latest analysts' consensus data, we found that the company's future payout ratio is expected to rise to 17% over the next three years. Regardless, the future ROE for Teck Resources is speculated to rise to 8.1% despite the anticipated increase in the payout ratio. There could probably be other factors that could be driving the future growth in the ROE.

Summary

In total, we're a bit ambivalent about Teck Resources' performance. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. Having said that, we studied the latest analyst forecasts, and found that analysts are expecting the company's earnings growth to improve slightly. The company's existing shareholders might have some respite after all. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.

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.

Noront Resources Ltd.

TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Noront Resources Ltd. ("Noront" or the "Company") (TSXV:NOT) is pleased to announce the mailing of its management information circular (the "Circular") and related form of proxy, letter of transmittal and retention election form (collectively, the "Meeting Materials") to the shareholders of Noront (the "Shareholders") in connection with the Special Meeting (as defined below).

The Meeting Materials are being mailed to Shareholders of record as of January 31, 2022 in connection with the special meeting of Shareholders scheduled to be held on March 15, 2022 (the "Special Meeting") to consider and, if deemed advisable, approve, among other things, the proposed plan of arrangement (the "Arrangement") involving Wyloo Metals Pty Ltd. ("Wyloo Metals") and its wholly-owned subsidiary Wyloo Canada Holdings Pty Ltd ("Wyloo Canada" and, together with Wyloo Metals and their affiliates, the "Wyloo Parties"). If the Arrangement becomes effective, Wyloo Canada would acquire up to all of the issued and outstanding common shares of the Company (the "Common Shares") that the Wyloo Parties do not already own. Shareholders of record as of January 31, 2022 will receive notice of and be entitled to vote at the Special Meeting. The Meeting Materials are also available on SEDAR (www.sedar.com) under Noront's issuer profile.

The Special Meeting will be held virtually and commencing at 10:00 a.m. (Toronto time) on March 15, 2022. Shareholders can access the Special Meeting using the following link: http://meetnow.global/M5WUKFK.

Following the Special Meeting, in conjunction with the announcement of the voting results of the Special Meeting, Noront will announce the number of Retention Elections (as defined below) received, on an interim basis, as of 5:00 p.m. (Toronto time) on March 14, 2022 (the "Interim Announcement"). Following the Interim Announcement, Shareholders will then have a further ten days to make a Retention Election (as defined below).

The Arrangement Consideration and Retention Elections

Under the Arrangement, Shareholders (other than the Wyloo Parties) are being given the opportunity, in respect of all or a portion of their Common Shares, to:

Receive Cash Consideration of $1.10 per Common Share – Shareholders who wish to receive the cash consideration of $1.10 per Common Share will not be required to make any election in respect of the Arrangement; OR
Retain their Common Shares – Shareholders who wish to retain all or a portion of their Common Shares, and remain as a Shareholder of Noront following the completion of the Arrangement, are required to make an election to retain their Common Shares (the "Retention Election") by the 10th day following the Interim Announcement (the "Retention Election Deadline"). Based on current timelines, the Retention Election Deadline is scheduled for 5:00 p.m. (Toronto time) on March 25, 2022.

Regardless of any Retention Elections made, if less than 20% of the outstanding Common Shares are subject to a Retention Election at the Retention Election Deadline, Wyloo Canada will acquire all of the Common Shares that the Wyloo Parties do not already own, including those Common Shares that are the subject of a Retention Election. This provision is intended to protect Shareholders by ensuring that all Common Shares will be purchased by Wyloo Canada under the Arrangement if, after the completion of the Arrangement, Shareholders (other than the Wyloo Parties) would not hold a sufficient percentage of the outstanding Common Shares for Noront to meet the continued listing requirements of the TSX Venture Exchange. The Wyloo Parties and any person acting jointly or in concert with the Wyloo Parties are not entitled to make a Retention Election.

REGARDLESS OF THEIR ELECTION, SHAREHOLDERS ARE URGED TO VOTE THEIR COMMON SHARES PRIOR TO THE PROXY CUT-OFF DEADLINE OF MARCH 11, 2022, AT 10:00 A.M. (TORONTO TIME). APPROVING THE ARRANGEMENT GIVES SHAREHOLDERS THE OPPORTUNITY TO SELL THEIR COMMON SHARES FOR CASH CONSIDERATION OF $1.10 PER COMMON SHARE OR OTHERWISE ELECT TO RETAIN THEIR COMMON SHARES.

For more details on the Arrangement, the Special Meeting, the cash consideration and the Retention Election, please see the Circular which is available on SEDAR (www.sedar.com) under Noront's issuer profile.

Receipt of Interim Order and Conditional Approval of the TSX Venture Exchange

Noront is also pleased to announce that (i) the Ontario Superior Court of Justice (Commercial List) has granted an Interim Order dated February 11, 2022 providing for the calling and holding of the Special Meeting and other procedural matters for the Arrangement, and (ii) the TSX Venture Exchange has granted its conditional acceptance of the Arrangement, subject to the fulfillment of the conditions therein.

Completion of the Arrangement remains subject to, among other things, (i) approval of a special resolution by the Shareholders at the Special Meeting authorizing the Arrangement, and (ii) receipt of the Final Order of the Ontario Superior Court of Justice (Commercial List) for the Arrangement.

YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY

Noront's Board of Directors, other than Mr. Luca Giacovazzi who abstained from voting due to his conflict of interest in the Arrangement, on the basis of a unanimous recommendation of Noront's Special Committee, and after receiving advice from its financial and legal advisors, approved the Arrangement and recommend that Shareholders vote FOR the Arrangement.

If you have any questions or require more information with regard to the procedures for attending the Special Meeting, voting, receiving the cash consideration or making the Retention Election, as applicable, please contact Shorecrest Group, by (i) telephone at 1-888-637-5789 (North American Toll-Free) or 1-647-931-7454 (Collect Calls Outside North America), or (ii) email at contact@shorecrestgroup.com.

About Noront Resources

Noront Resources Ltd. is focused on the development of its high-grade Eagle's Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. See more at: www.norontresources.com.

About Wyloo Metals

Wyloo Metals is the metals and mining subsidiary of Tattarang, one of Australia's largest private investment groups. Led by a multidisciplinary team of geologists, engineers and financial professionals, Wyloo Metals manages a diverse portfolio of exploration and development projects and cornerstone interests in a number of public and private companies. Wyloo Metals seeks to work closely with all stakeholders to accelerate projects through the development cycle while meeting the highest international environmental, social and governance standards. See more at: www.wyloometals.com.

Wyloo Canada, a wholly owned subsidiary of Wyloo Metals, currently holds an aggregate of 208,434,427 Common Shares, representing approximately 37.2% of the outstanding Common Shares. Wyloo Canada also holds warrants ("Noront Warrants") to acquire 1,774,664 Common Shares at an exercise price of C$0.35 per Common Share. If the Noront Warrants are also fully exercised, Wyloo Canada would hold 210,209,091 Common Shares, representing approximately 37.4% of the outstanding Common Shares on a partially-diluted basis.

For More Information About Noront Resources, Please Contact:

Media Relations Ian Hamilton Tel: +1 (905) 399-6591 ihamilton@longviewcomms.ca	Investor Relations Greg Rieveley Tel: +1 (416) 367-1444 greg.rieveley@norontresources.com

Janice Mandel Tel: +1 (647) 300-3853 janice.mandel@stringcom.com

For More Information About Wyloo Metals, Please Contact:

Media Relations Andrew Bennett Tel (M): +61 427 782 503 Tel (P): +61 8 6460 4949 abennett@tattarang.com

Cautionary Note – Forward Looking Statements

Certain statements contained in this news release contain "forward-looking information" within the meaning of applicable securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might", "have potential" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking information and statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to a variety of risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Forward-looking information and statements include, but are not limited to, information and statements regarding the Arrangement, shareholder, regulatory and court approval of the Arrangement, the timing and ability of Noront to complete the Arrangement (if at all), the timing and ability of Noront to satisfy the conditions precedent to completing the Arrangement (if at all) as set forth in the arrangement agreement (as amended), the ability of Shareholders to continue to have an interest in the Company following the closing of the Arrangement, the potential of the Ring of Fire, and projections about the world's transition to a lower carbon future.

Although Noront and Wyloo Metals believe that the expectations reflected in such forward-looking information and statements are reasonable, such information and statements involve risks and uncertainties, and undue reliance should not be placed on such information and statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs of Noront and Wyloo Metals, and their respective management and boards of directors, as of the date hereof. Noront and Wyloo Metals caution that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within their control, and there is no assurance that they will prove correct. Consequently, there can be no assurance that the actual results or developments anticipated by Noront or Wyloo Metals will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, Noront, the current Shareholders, or its future results and performance of Noront and Wyloo Metals. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements made in this news release concerning the Arrangement, see the Circular available on SEDAR (www.sedar.com) under Noront's issuer profile.

Forward-looking information and statements in this news release are based on beliefs and opinions of Noront and Wyloo Metals, as the case may be, at the time the statements are made, and there should be no expectation that these forward-looking statements will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and Noront and Wyloo Metals disavow and disclaim any obligation to do so except as required by applicable law. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of Noront.

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

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Albemarle (ALB) 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.

Albemarle is one of 243 companies in the Basic Materials group. The Basic Materials group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. Albemarle is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for ALB's full-year earnings has moved 8.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that ALB has returned about 3.3% since the start of the calendar year. In comparison, Basic Materials companies have returned an average of 2.9%. This means that Albemarle is outperforming the sector as a whole this year.

One other Basic Materials stock that has outperformed the sector so far this year is Teck Resources Ltd (TECK). The stock is up 24.9% year-to-date.

Over the past three months, Teck Resources Ltd's consensus EPS estimate for the current year has increased 31.4%. The stock currently has a Zacks Rank #1 (Strong Buy).

To break things down more, Albemarle belongs to the Chemical – Diversified industry, a group that includes 40 individual companies and currently sits at #90 in the Zacks Industry Rank. On average, this group has lost an average of 1.7% so far this year, meaning that ALB is performing better in terms of year-to-date returns.

Teck Resources Ltd, however, belongs to the Mining – Miscellaneous industry. Currently, this 50-stock industry is ranked #87. The industry has moved +9.7% so far this year.

Going forward, investors interested in Basic Materials stocks should continue to pay close attention to Albemarle and Teck Resources Ltd 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 Albemarle Corporation (ALB) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here.

Nexa Resources S.A. (NEXA) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -97.87%. A quarter ago, it was expected that this company would post earnings of $0.66 per share when it actually produced a loss of $0.14, delivering a surprise of -121.21%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Nexa Resources S.A. , which belongs to the Zacks Mining – Miscellaneous industry, posted revenues of $677.9 million for the quarter ended December 2021, missing the Zacks Consensus Estimate by 4.61%. This compares to year-ago revenues of $634.5 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Nexa Resources S.A. Shares have added about 12.6% since the beginning of the year versus the S&P 500's decline of -7.7%.

What's Next for Nexa Resources S.A.

While Nexa Resources S.A. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Nexa Resources S.A. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.79 on $710.75 million in revenues for the coming quarter and $1.98 on $2.67 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Mining – Miscellaneous is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Teck Resources Ltd (TECK), another stock in the same industry, has yet to report results for the quarter ended December 2021. The results are expected to be released on February 24.

This company is expected to post quarterly earnings of $2.05 per share in its upcoming report, which represents a year-over-year change of +485.7%. The consensus EPS estimate for the quarter has been revised 19.3% higher over the last 30 days to the current level.

Teck Resources Ltd's revenues are expected to be $3.72 billion, up 89.2% from the year-ago quarter.

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

(Bloomberg) — Iron ore plummeted as Beijing ramped up a campaign to stop prices overheating, prompting BHP Group Ltd. — one of the world’s top producers — to caution that supply and demand will determine prices.

Most Read from Bloomberg Businessweek

BHP Group Limited BHP reported underlying attributable profit from continuing operations of $9.7 billion in the first half of fiscal 2022 (ended Dec 31, 2021), which marked a year-over-year surge of 57%, reflecting higher prices and strong operational performance. Underlying earnings per share came in at $1.92 compared with $1.22 earned in the prior-year period. Earnings per American Depositary Share (ADS) came in at $3.83 for the reported period. Notably, BHP’s each American Depositary Shares represents two fully-paid ordinary shares.For total operations, the company’s underlying attributable profit improved 77% year over year to $10.7 billion in the reported period. Including an exceptional loss of $1.2 billion that includes the impact of the Samarco dam failure and impairment of US deferred tax assets no longer expected to be recoverable after the Petroleum demerger. BHP Group’s attributable profit was $9.4 billion in the six-month period ended Dec 31, 2021. The figure reflects a 144% growth from the prior year.Revenues for the first half of fiscal 2022 totaled $30.5 billion, up 27% year on year. The Iron ore segment’s revenues increased 12% year over year to $16 billion. Revenues in the Copper segment rose 20% to $8 billion. Meanwhile, revenues at the Coal segment surged 147% year over year to $5.4 billion.Underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) from continuing operations increased 33% year over year to $18.5 billion. This was driven by higher average realized prices for all of its major commodities, near-record iron-ore production volumes at WAIO, higher concentrate sales at Spence, benefits from cost-reduction actions and positive impact of movements in the Australian dollar and Chilean peso against the US dollar. However, higher costs associated with COVID-19, inflated diesel and acid prices and other inflationary pressures offset some of these gains.Underlying EBITDA was up 9% year on year to $11.1 billion for the Iron ore segment. The same was up 14% to $4.3 billion for the Copper segment. The Coal segment’s underlying EBITDA was $2.6 billion against a loss of $0.2 billion in the prior year.

Financial Position

As of Dec 31, 2021, BHP Group had cash and cash equivalents of $12.4 billion, down from $15.2 billion as of Jun 30, 2021. In the half year ended Dec 31, 2021, the company generated $11.5 billion of operating cash flow from continuing operations compared with $9.1 billion recorded in the prior-year comparable period. This improvement can be attributed to higher realized prices across major commodities and strong operational performance. Net debt was $6.1 billion as of Dec 31, 2021, lower than $11.8 billion a year earlier. BHP’s board has announced to pay a record interim dividend of $1.50 per share or a total of $7.6 billion. This translates to a payout ratio of 78%.

Fiscal 2022 Guidance

BHP affirmed its production guidance for iron ore at 249-259 Mt for fiscal 2022 compared with 253.5 Mt produced in fiscal 2021. The company expects copper production to come near the low end of its guided range of 1,590 kt and 1,760 kt. Production guidance of Metallurgical coal is at 38-41 Mt. The guidance for energy coal production remains at 13-15 Mt. Nickel production for fiscal 2022 has been retained between 85 kt and 95 kt.Escondida unit cost is anticipated at $1.20-$1.40 per pound. Queensland Coal unit cost for the fiscal is expected at $85-$94 per ton. NSWEC unit costs are predicted between $62 per ton and $70 per ton. The company stated WAIO unit cost guidance is tracking at the lower end of the guidance of $17.50-$18.50 per ton.

Other Updates

BHP expects to complete the proposed merger of its Petroleum business with Woodside in the June quarter, subject to the satisfaction of conditions precedent, including approval by Woodside shareholders.In January 2022, BHP completed the unification of BHP’s dual-listed corporate structure. Also, the company completed the Cerrejón divestment last month. The divestment of BHP Mitsui Coal (BMC) is expected by the middle of this year. Meanwhile, the review process for New South Wales Energy Coal (NSWEC) is progressing.

Price PerformanceZacks Investment Research

Image Source: Zacks Investment Research

BHP Group's shares have fallen 3% over the past year compared with the industry’s decline of 2.4%.

Zacks Rank & Other Stocks to Consider

BHP currently sports a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Other top-ranked stocks worth considering in the basic materials space include Commercial Metals Company CMC, Albemarle Corporation ALB and AdvanSix Inc. ASIX.Commercial Metals, sporting a Zacks Rank #1, has a projected earnings growth rate of 62% for the current fiscal year. The Zacks Consensus Estimate for CMC's current fiscal year earnings has been revised upward by 22.7% over the past 60 days.Commercial Metals beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed once, the average surprise being 13.1%. CMC has rallied around 61% in a year.Albemarle, carrying a Zacks Rank #1, has an expected earnings growth rate of 56.2% for the current year. ALB's consensus estimate for the current year has been revised 8.9% upward over the past 60 days.Albemarle beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, the average surprise being 22.1%. ALB shares have gained around 38% in a year.AdvanSix, carrying a Zacks Rank #2, has an expected earnings growth rate of 7.4% for the current year. The Zacks Consensus Estimate for ASIX’s current-year earnings has been revised upward by 3.2% in the past 60 days.AdvanSix beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, the average surprise being 46.9%. ASIX has appreciated around 63% 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 BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Albemarle Corporation (ALB) : Free Stock Analysis Report Commercial Metals Company (CMC) : Free Stock Analysis Report AdvanSix (ASIX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Gold Fields (GFI) 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.

Gold Fields is one of 243 companies in the Basic Materials group. The Basic Materials group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Gold Fields is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for GFI's full-year earnings has moved 15.2% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that GFI has returned about 11.7% since the start of the calendar year. Meanwhile, stocks in the Basic Materials group have gained about 2% on average. This shows that Gold Fields is outperforming its peers so far this year.

Another Basic Materials stock, which has outperformed the sector so far this year, is BHP (BHP). The stock has returned 13.1% year-to-date.

In BHP's case, the consensus EPS estimate for the current year increased 10% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Gold Fields belongs to the Mining – Gold industry, a group that includes 37 individual stocks and currently sits at #146 in the Zacks Industry Rank. Stocks in this group have gained about 5% so far this year, so GFI is performing better this group in terms of year-to-date returns.

BHP, however, belongs to the Mining – Miscellaneous industry. Currently, this 50-stock industry is ranked #92. The industry has moved +10.6% so far this year.

Going forward, investors interested in Basic Materials stocks should continue to pay close attention to Gold Fields and BHP 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 Gold Fields Limited (GFI) : Free Stock Analysis Report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

The Dow Jones Industrial Average surged Tuesday after Russia withdrew some, advanced other troops near the Ukraine border.

Teck Resources Ltd

VANCOUVER, British Columbia, Feb. 15, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") and MEDATech today announced the pilot of a fully electric on-highway transport truck to haul copper concentrate, marking the first use of a battery-electric truck to haul copper concentrate worldwide. The truck will travel between Teck’s Highland Valley Copper Operations (HVC) in south-central British Columbia (B.C.) and a rail loading facility in Ashcroft, B.C.

This pilot of the MEDATech ALTDRIVE-powered fifth-wheel Western Star will help to advance Teck’s goal of displacing the equivalent of 1,000 internal combustion (ICE) vehicles by 2025. It will also provide valuable learnings for the electrification of Teck’s vehicle fleet on the path to achieving the company’s goal of reducing the carbon intensity of its operations by 33% by 2030 and becoming a carbon-neutral operator by 2050.

“Testing and implementing new electric vehicle technologies is one way we are taking concrete steps towards achieving our goal of being carbon neutral across our operations,” said Don Lindsay, President and CEO, Teck. “Teck is already one of the world’s lowest carbon-intensity producers of copper, zinc and steelmaking coal, which are key materials to enable the low-carbon transition, and we are committed to further reducing the carbon intensity of our operations to support a cleaner future.”

The pilot is expected to begin in summer 2022 and is projected to eliminate 418 tonnes of CO2 annually – the equivalent of approximately 90 passenger cars – for the first pilot vehicle, while also reducing costs through fuel savings and reduced maintenance.

“The fully-electric ALTDRIVE system is designed for this haul cycle at HVC requiring a vehicle that weighs 65,000kg loaded, 25,000kg unloaded, and completes the same four to five 95-kilometre roundtrips every workday,” says Robert Rennie, President, MEDATech. “Since the truck batteries will charge on the downhill haul through regenerative braking, the rig will require only a short battery recharge at the Ashcroft, B.C. rail terminal so the haul cycle time is expected to be the same as a conventional truck.”

The battery-electric drive system is expected to work more efficiently than a comparable diesel engine, outputting a constant 620kW (approximately 830 horsepower) and is configured to continuously output almost double the amount of torque.

This pilot project builds on Teck’s GHG reduction initiatives, including the recently announced agreement to work towards deploying 30 of Caterpillar’s zero-emissions large haul trucks at its steelmaking coal operations in the Elk Valley.

Click here to learn more about Teck’s approach to taking action on climate change.

Media Download:Click here for an image of a MEDATech ALTDRIVE-powered fifth-wheel Western Star truck.

About TeckAs one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

About MEDATechMEDATech has been designing and building custom mobile heavy equipment since 2003. Our clients are in the Mining, Construction, Waste, Transportation, and Energy sectors all over the world. The one thing they all want is machines that are more efficient, safe, durable, precise and environmentally friendly. So that’s what we deliver.

MEDATech has 3 divisions:

Engineering services – from consulting to engineer/design/build to industrial software development
ALTDRIVE – all-electric powertrains
BORTERRA – advanced drilling equipment

The people at MEDATech are engineers, technicians, operators and mechanics. They have worked in mines and in other industries where they operated the kinds of heavy equipment that the company builds. This has allowed MEDATech to become expert in building great machines, and in consulting on the solutions clients need.

MEDATech’s tried-and-true ALTDRIVE™ powertrain solution is the result of more than 10 years of development. ALTDRIVE powertrains can be found in mining-related vehicles all over North America.

Media ContactsTeck Media Contact:Chris Stannell Public Relations Manager, Teck 604.699.4368 chris.stannell@teck.com

MEDATech Media Contact:Carl Michener¡Outwrite! Communications416.476.7484 carl@outwrite.ca

For Immediate Release

Chicago, IL – February 15, 2022 – Stocks in this week’s article are Pfizer PFE, Teck Resources TECK, NXP Semiconductors NXPI, Equinor EQNR and KB Home KBH.

5 Lucrative GARP Stocks with Discounted PEG

The investing track of the Oracle of Omaha over the past few decades shows a gradual shift from being a pure-play value investor to a GARP (growth at a reasonable price) investor. The logic behind this is the effectiveness of a mixed investment strategy over pure-play, value or growth approaches of investments.

Several stocks, which have surged significantly in the recent past, show an overwhelming success of this hybrid investing strategy over pure-play value and growth investments. Here we will discuss the success of five such stocks. These include Pfizer, Teck Resources, NXP Semiconductors, Equinor and KB Home.

A Few More Words on GARP

A pure-play value investor misses the chance of betting on stocks that have bright long-term prospects. In the same way, growth investors often end up investing in expensive stocks. In other words, to make a long-term investment more effective, the principles of both value and growth strategies need to be combined.

The quest for a mixed investment strategy led to the introduction of the GARP approach. What GARPers look for is whether the stocks are somewhat undervalued and have solid sustainable growth potential (Investopedia).

One of the fundamental metrics for finding GARP is the price/earnings growth ratio (PEG). Although it is categorized under value investing, this strategy follows the principles of both growth and value investing.

The PEG ratio is defined as (Price/ Earnings)/Earnings Growth Rate

It relates a stock’s P/E ratio with future earnings growth rate.

While P/E alone only gives the idea of stocks, which are trading at a discount, PEG, while adding the GROWTH element to it, helps to find those stocks that have solid future potential.

A lower PEG ratio, preferably less than 1, is always better for GARP investors.

Say, for example, if a stock's P/E ratio is 10 and the expected long-term growth rate is 15%, the company's PEG will come down to 0.66 that indicates both undervaluation and future growth potential.

Unfortunately, this ratio is often neglected due to investors' limitations to calculate the future earnings growth rate of a stock.

There are some drawbacks to using the PEG ratio though. It does not consider the very common situation of changing growth rates such as the forecast of the first three years at a very high growth rate followed by a sustainable but lower growth rate in the long term.

Hence, PEG-based investing can turn out to be even more rewarding if some other relevant parameters are also taken into consideration.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1867082/5-lucrative-garp-stocks-with-discounted-peg?art_rec=quote-stock_overview-zacks_news-ID02-txt-1867082

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.

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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 Pfizer Inc. (PFE) : Free Stock Analysis Report NXP Semiconductors N.V. (NXPI) : Free Stock Analysis Report KB Home (KBH) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report Equinor ASA (EQNR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

The Dow Jones Industrial Average fell Monday, threatening to add to heavy losses from Friday’s market sell-off. Apple and Tesla dropped.

Several stocks, which have surged significantly in the recent past, show an overwhelming success of this hybrid investing strategy over pure-play value and growth investments. Here we will discuss the success of five such stocks. These include Pfizer PFE, Teck Resources TECK, NXP Semiconductors NXPI, Equinor EQNR and KB Home KBH.

A Few More Words on GARP

The PEG ratio is defined as (Price/ Earnings)/Earnings Growth Rate

It relates a stock’s P/E ratio with future earnings growth rate.

While P/E alone only gives the idea of stocks, which are trading at a discount, PEG, while adding the GROWTH element to it, helps to find those stocks that have solid future potential.

A lower PEG ratio, preferably less than 1, is always better for GARP investors.

Say for example, if a stock's P/E ratio is 10 and the expected long-term growth rate is 15%, the company's PEG will come down to 0.66 that indicates both undervaluation and future growth potential.

Unfortunately, this ratio is often neglected due to investors' limitations to calculate the future earnings growth rate of a stock.

Hence, PEG-based investing can turn out to be even more rewarding if some other relevant parameters are also taken into consideration.

Here are the screening criteria for a winning strategy:

PEG Ratio less than X Industry Median

P/E Ratio (using F1) less than X Industry Median (For more accurate valuation purpose)

Zacks Rank of 1 (Strong Buy) or 2 (Buy) (Whether good market conditions or bad, stocks with a Zacks Rank #1 or #2 have a proven history of success.) You can see the complete list of today's Zacks #1 Rank stocks here.

Market Capitalization greater than $1 Billion (This helps us to focus on companies that have strong liquidity.)

Average 20 Day Volume greater than 50,000: A substantial trading volume ensures that the stock is easily tradable.

Percentage Change F1 Earnings Estimate Revisions (4 Weeks) greater than 5%: Upward estimate revisions add to the optimism, suggesting further bullishness.

Value Score of less than or equal to B: Our research shows that stocks with a Style Score of A or B when combined with a Zacks Rank #1, 2, or 3 (Hold) offer the best upside potential.

Here are the five of the 22 stocks that qualified the screening:

Pfizer: Pfizer boasts a sustainable pipeline with multiple late-stage programs that can drive growth. Pfizer markets a wide range of drugs and vaccines. Its business comprises six business units — Oncology, Inflammation & Immunology, Rare Disease, Hospital, Vaccines and Internal Medicine.

Pfizer is an impressive value investment pick with its Zacks Rank #2 and a Value Score of A. Apart from a discounted PEG and P/E, Pfizer also has an impressive long-term expected growth rate of 12.5%.

Teck Resources: Vancouver, 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 Resources has a portfolio of world-class assets in stable jurisdictions and a solid pipeline of projects.

Teck Resources can also be an impressive value investment pick with its Zacks Rank #1 and a Value Score of B. Apart from a discounted PEG and P/E, the stock has an impressive long-term expected growth rate of 37.9%.

NXP Semiconductors: NXP Semiconductors provides high-performance mixed-signal and standard product solutions that leverage its RF, analog, power management, interface, security, as well as digital processing expertise. These solutions are used in a wide range of applications, namely automotive, wireless infrastructure, lighting, industrial, mobile, consumer and computing.

NXP Semiconductors has an impressive long-term expected growth rate of 22%. The stock currently has a Value Score of B and a Zacks Rank #2.

Equinor: Headquartered in Stavanger, Norway, Equinor ASA is one of the premier integrated energy companies in the world, with operations spreading across 30 countries. In Europe, the company is the second-largest supplier of natural gas. Equinor is also a leading seller of crude oil.

Apart from a discounted PEG and P/E, Equinor has a Value Score of A and holds a Zacks Rank #1. Equinor has an impressive long-term expected growth rate of 49.4%.

KB Home: Based in Los Angeles, CA, KB Home is a well-known homebuilder in the United States and one of the largest in the state. The company’s Homebuilding operations include building and designing homes that cater to first-time, move-up and active adult homebuyers on acquired or developed lands. KB Home also builds attached and detached single-family homes, town homes and condominiums.

KB Home has an impressive long-term expected growth rate of 17.1%. The stock currently has a Value Score of A and a Zacks Rank #1.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

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.

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.

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The market rally sold off Thursday as bond yields soared on hot inflation data and expectations of a “dramatically” more-hawkish Fed.

The Dow Jones Industrial Average rose Friday after Thursday’s stock market sell-off fueled by hot inflation data and surging Treasury yields.

The market rally sold off Thursday as bond yields soared on hot inflation data and expectations of a “dramatically” more-hawkish Fed.

Bunge Limited BG reported fourth-quarter 2021 adjusted earnings of $3.49 per share, which surpassed the Zacks Consensus Estimate of $3.05 by a margin of 14%. The bottom line improved 14% year over year aided by improved performances in Agribusiness and Refined & Specialty Oils.Including one-time items, the company posted earnings per share of $1.52 in fourth-quarter 2021 compared with $3.74 in the year-ago quarter.Net sales were $16.7 billion in the quarter under review, up 32% from the year-ago quarter’s $12.6 billion. The top line beat the Zacks Consensus Estimate of $15.5 billion.Cost of sales was $16 billion in the fourth quarter surged 37% from the prior year. Gross profit plunged 24% year over year to $689 million. Selling and administrative expenses were $338 million, which decreased 7% year over year. Adjusted segment operating profit was $680 million, reflecting year-over-year growth of 17% from $583 million in the year-ago quarter. Operating margin was 4.1% compared with 4.6% in the fourth quarter of 2020.

Bunge Limited Price, Consensus and EPS Surprise

Bunge Limited price-consensus-eps-surprise-chart | Bunge Limited Quote

Segment Performance

Agribusiness: The segment’s sales were $12.3 billion compared with the prior-year quarter’s $9.4 billion. Adjusted segment operating profit improved 19.5% year over year to $595 million. Results were aided by strong execution throughout the value chains.Refined & Specialty Oils: The segment’s sales improved 39% year over year to $3.76 billion in the fourth quarter. The segment reported an adjusted operating profit of $154 million in the quarter, against the year-ago quarter’s $112 million aided by higher margins in North America and Europe, which benefited from strong food and fuel demand. However, results in South America and Asia were down due to lower margins and volumes.Milling: The segment’s sales increased 20% year over year to $517 million in the fourth quarter. The segment reported an adjusted operating profit of $17 million in the quarter, down from the year-ago quarter’s $26 million. Improved results in North America were offset by weak results in Brazil due to lower margins.Sugar & Bioenergy: Net sales soared 371% year over year to $80 million. Adjusted operating profit was $20 million in the quarter, a 26% decline year over year as lower ethanol volume offset higher sugar and ethanol prices.

Financial Position

Cash and temporary investments aggregated $902 million as of the fiscal 2021 end compared with $352 million as of the end of fiscal 2020. At the end of 2021, its long-term debt was at around $4.8 billion, up from $4.4 billion as of 2020-end. Cash flow used in operating activities was $2.9 billion in 2021 compared with $3.5 billion in the prior year.

Fiscal 2021 Performance

For fiscal 2021, Bunge Limited’s adjusted earnings was $12.93, which beat the Zacks Consensus Estimate of $12.46. Earnings was 56% higher than the prior fiscal. Including one-time items, the company’s earnings was $13.64 per share in fiscal 2021 compared with $7.71 in fiscal 2020.Total revenues surged 43% year over year to around $59.2 million, which surpassed the Zacks Consensus Estimate of $57.3 million.

Fiscal 2022 Outlook

Bunge Limited expects a favorable market environment to continue in 2022. The company projects adjusted earnings per share of at least $9.50 per share in 2022. If achieved, it would be the second-highest operational performance in the company's recent history.In Agribusiness, results will be down from a record 2021, due to lower results in Merchandising and softseed crushing, which had exceptionally strong prior years. Refined and Specialty Oils, full-year results are expected to be higher than 2021 driven by strong demand from food and fuel in the North American and European businesses. In Milling, full-year results are expected to improve year over year on the back of improved market conditions in Brazil. In Non-Core, full-year results in the sugar and bioenergy joint venture are expected to be in line with 2020.

Price PerformanceZacks Investment Research

Image Source: Zacks Investment Research

Shares of Bunge Limited have gained 30% over the past year, compared with the industry's rally of 10.3%.

Zacks Rank & Other Stocks to Consider

Bunge Limited currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Some other top-ranked stocks in the basic materials space include Commercial Metals Company CMC, Teck Resources TECK and Huntsman Corporation HUN. While CMC and TECK sport a Zacks Rank #1, HUN carries a Zacks Rank #2 (Buy).Commercial Metals has a projected earnings growth rate of 62% for the current fiscal year. The Zacks Consensus Estimate for CMC's current fiscal year earnings has been revised upward by 23% over the past 60 days.Commercial Metals beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed once, the average surprise being 13.1%. CMC’s shares have surged around 61% in a year’s time.Teck Resources has an expected earnings growth rate of 14.3% for the current year. The Zacks Consensus Estimate for TECK’s current-year earnings has moved up 22% in the past 60 days.Teck Resources beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, the average surprise being 17.4%. TECK has rallied around 83% in a year.Huntsman has an expected earnings growth rate of 10% for the current year. HUN's consensus estimate for the current year has been revised upward by 1% over the past 60 days.Huntsman beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, the average surprise being 12.8%. HUN shares have appreciated around 32% 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 Bunge Limited (BG) : Free Stock Analysis Report Commercial Metals Company (CMC) : Free Stock Analysis Report Huntsman Corporation (HUN) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

(Bloomberg) — BHP Group Plc shares slipped on their last trading day as an FTSE 100 member as the miner’s near quarter-century association with the benchmark draws to a close.

Most Read from Bloomberg Businessweek

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has BASF SE (BASFY) been one of those stocks this year? 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.

BASF SE is a member of the Basic Materials sector. This group includes 246 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. BASF SE is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for BASFY's full-year earnings has moved 5.5% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, BASFY has returned 8.7% so far this year. At the same time, Basic Materials stocks have gained an average of 7.3%. This means that BASF SE is outperforming the sector as a whole this year.

Another stock in the Basic Materials sector, Teck Resources Ltd (TECK), has outperformed the sector so far this year. The stock's year-to-date return is 10.7%.

Over the past three months, Teck Resources Ltd's consensus EPS estimate for the current year has increased 26.8%. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, BASF SE is a member of the Chemical – Diversified industry, which includes 40 individual companies and currently sits at #98 in the Zacks Industry Rank. Stocks in this group have gained about 12.4% so far this year, so BASFY is slightly underperforming its industry this group in terms of year-to-date returns.

On the other hand, Teck Resources Ltd belongs to the Mining – Miscellaneous industry. This 51-stock industry is currently ranked #162. The industry has moved +9.3% year to date.

Going forward, investors interested in Basic Materials stocks should continue to pay close attention to BASF SE and Teck Resources Ltd 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 BASF SE (BASFY) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

VANCOUVER, British Columbia, Jan. 27, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today provided select unaudited fourth quarter and 2021 sales and production results in light of the impacts of recent logistics disruptions in British Columbia, Canada, as well as an update on the ongoing impact of COVID-19 across the business, and commentary regarding the outlook for 2022.

Strong steelmaking coal pricing and increased sales should result in strong cash flow in H1 2022Demand for our steelmaking coal remains strong and the FOB price has risen from US$356 per tonne at the end of December to US$445 per tonne. At the same time, record high clean coal inventories at our mines are expected to result in sales exceeding production by 1.2 – 1.5 million tonnes in 2022. The strong pricing environment and increased sales volumes should result in strong cash flow in the first half of 2022.

Weather conditions have affected logisticsSince our last guidance update on December 5, 2021, weather conditions have continued to negatively affect infrastructure recovery efforts in B.C. Interruptions and substantial reductions to rail service and port activities persisted from mid-November into the first two weeks of January as extreme cold-weather conditions followed heavy rains and mudslides, which affected critical transportation corridors. The provincial state of emergency declared on November 17, 2021 was lifted on January 18, 2022.

Steelmaking CoalAs a result, our realized fourth quarter steelmaking coal sales were 5.1 million tonnes, slightly below the low end of our previously revised guidance of 5.2 – 5.7 million tonnes. Our 2021 steelmaking coal production was 24.6 million tonnes, within our previously revised guidance of 24.5 – 25.0 million tonnes. Strong logistics chain performance leading up to the heavy rain events, including at our expanded Neptune port facility, resulted in historically low clean steelmaking coal inventories at our operations, mitigating impacts on production volumes. However, due to ongoing weather-related logistical challenges which have continued through January, clean steelmaking coal inventories at our mine sites are currently near record-high levels. Further transportation disruptions have the potential to require production cutbacks to manage inventory levels. CN and CP reported meaningful progress on recovery in mid-January, with demonstrable improvements to train fluidity last week. We expect to substantially recover delayed fourth quarter sales in the first half of 2022.

Despite the fourth quarter impacts of rail and port disruptions on sales, 2021 unaudited adjusted site cash cost of sales1 and transportation costs are $65 and $44 per tonne, within our previous guidance ranges of $64 – $66 and $44 – $46 per tonne, respectively. Logistics challenges and inflationary pressures drove higher fourth quarter adjusted site cash cost of sales1 and transportation costs of $72 and $49 per tonne, respectively, above the upper range of our annual guidance.

Increased costs in the fourth quarter were more than offset by continued strong prices. Realized steelmaking coal prices1 in the fourth quarter averaged US$351 per tonne. The increase in steelmaking coal prices from the third quarter further resulted in positive pricing adjustments of approximately $70 million.

(1) This is a Non-GAAP Ratio. See Non-GAAP Ratio section of this news release.

CopperThe logistics chain disruptions had minimal impact to production at Highland Valley Copper, though the disruptions did result in sales of copper in concentrate from the operation being 5,600 tonnes lower than production in Q4 2021. The shortfall in sales versus production volumes at Highland Valley Copper was partially offset by strong sales at our other operations, and total copper in concentrate sales were only 1,500 tonnes lower than production in the fourth quarter.

Overall, inflationary pressures and workers’ participation related to strong copper prices resulted in fourth quarter net cash unit costs1 of US$1.52/lb for the copper business unit.

(1) This is a Non-GAAP Ratio. See Non-GAAP Ratio section of this news release.

COVID-19The recent surge in COVID-19 cases has the potential to have a negative impact on our operations. An increase in cases in southeastern British Columbia has resulted in rising absenteeism at our steelmaking coal operations in the Elk Valley. While the absenteeism has so far not had a major impact on production, the situation poses a risk to Q1 2022 production. However, in recent days we have seen some improvement, with the number of employees returning from COVID-19 isolation exceeding the number of new cases.

At our QB2 project in Chile we achieved our best quarter to date in Q4 with some of our strongest rates of progress in December. However, during January a significant rise in COVID-19 cases in Chile has resulted in an increase in absenteeism.

OutlookLike others in the industry, and as previously disclosed, we are seeing inflationary cost pressures, notably in diesel prices, supplies and labour costs. Increases experienced in fourth quarter operating results across our business are expected to continue into 2022.

Sustaining capital spending is expected to increase in 2022 over 2021 levels due to one-time projects, including the relocation of the maintenance and office facilities at the Elkview mine to allow access to the next phase of mining, a major smelter turnaround at Trail to replace the Kivcet furnace hearth at the end of its 20-year useful life, and our haulage truck rebuild program, inflationary pressures, and the inclusion of sustaining capital for QB2 for the first time. In total we expect these factors to increase 2022 sustaining capital by approximately $500 million over 2021 levels.

Construction on QB2 continues to progress as we position for start-up in the second half of the year. COVID-19 related capital costs have experienced ongoing cost pressures as a result of continued absenteeism and labour inefficiencies related to COVID-19 and contractual concessions have been required to manage these impacts on contractors. Given our experience with the sudden onset of Omicron, we have modified our prior assumptions and now assume that the impacts of COVID-19 will not end prior to the completion of construction. We are continuing to manage these costs and, to counter the adverse effects associated with construction in this environment, have put in place a variety of mitigation measures and incentives, many of which are aimed at attracting talent, employee retention and minimizing absenteeism. Based on our current assumptions, including with respect to exchange rates, we are updating our COVID-19 capital cost guidance to US$900-$1,100 million from our previous estimate of US$600 million. As noted previously, certain non-COVID-19 cost pressures related to weather and subsurface conditions, are currently estimated to require additional contingency of up to 5% of our capital estimate of US$5.26 billion, unchanged from our Q3 2021 guidance. We expect to spend approximately C$2.2 – C$2.5 billion of QB2 development capital on a consolidated basis in 2022, inclusive of COVID-19 capital.

Our fourth quarter and full year 2021 financial results are scheduled for release on February 24, 2022. We will issue our usual capital and operating guidance for 2022 at that time.

Forward-Looking StatementsThis news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “should”, “believe” and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this news release.

These forward-looking statements include, but are not limited to, statements concerning: our expectation to substantially recover delayed fourth quarter steelmaking coal sales in the first half of 2022; expectations and projections regarding sustaining capital expenditures in 2022; expectations and projections regarding QB2 start-up timing and 2022 development capital expenditures; QB2 COVID-19 capital cost guidance; QB2 capital estimate and additional contingency expectations; expectation that steelmaking coal sales will exceed production in 2022; expectation that a strong steelmaking coal pricing environment and increased sales volumes should result in strong cash flow in 2022; and the potential impact of the COVID-19 on our business and operations, including our ability to continue operations at our sites and progress our projects and strategy.

These statements are based on a number of assumptions, including, but not limited to, assumptions regarding: general business and economic conditions; the supply and demand for, deliveries of, and the level and volatility of prices of steelmaking coal; availability of adequate transportation for our steelmaking coal; the availability of qualified employees and contractors for our operations and QB2 project; the outcome of our coal price and volume negotiations with customers; and our ongoing relations with our employees and with our business and joint venture partners. Assumptions regarding QB2 capital include assumptions regarding USD and CLP exchange rates and construction progress in 2022. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to vary materially. Factors that may cause actual results to vary materially include, but are not limited to, changes in commodity prices; changes in market demand for our products; changes in currency exchange rates; unanticipated operational and construction difficulties (including failure of plant, equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, adverse weather conditions and unanticipated events related to health, safety and environmental matters); impact of COVID-19 mitigation protocols; and failure of customers or counterparties (including logistics suppliers) to perform their contractual obligations.

The forward-looking statements in this news release and actual results will also be impacted by the effects of COVID-19 and related matters. The overall effects of COVID-19 related matters on our business and operations and projects will depend on how the ability of our sites to maintain normal operations, and on the duration of impacts on our suppliers, contractors, employees, customers and markets for our products, all of which are unknown at this time.

We assume no obligation to update forward-looking statements except as required under securities laws. Further information concerning risks and uncertainties associated with these forward-looking statements and our business can be found in our Annual Information Form for the year ended December 31, 2020, filed under our profile on SEDAR (www.sedar.com) and on EDGAR (www.sec.gov) under cover of Form 40-F, as well as subsequent filings that can also be found under our profile.

Non-GAAP RatiosOur financial results are prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board. This document refers to a number of non-GAAP ratios, described below, which are not measures recognized under IFRS, do not have a standardized meaning prescribed by IFRS and may not be comparable to similar financial measures disclosed by other issuers. For more information see the section titled “Non-GAAP Financial Measures” in our most recent Management Discussion & Analysis, which is incorporated by reference herein and is available on SEDAR at www.sedar.com.

Adjusted site cash cost of sales per tonne is a Non-GAAP ratio comprised of adjusted site cash cost of sales/tonnes sold. There is no similar financial measure in our financial statements with which to compare. Adjusted site cash cost of sale is a Non-GAAP financial measure.

Realized steelmaking coal price per tonne is a Non-GAAP ratio comprised of adjusted steelmaking coal revenue/tonnes sold. There is no similar financial measure in our financial statements with which to compare. Adjusted steelmaking coal revenue is a Non-GAAP financial measure.

Net cash unit costs per pound is a Non-GAAP ratio comprised of adjusted cash cost of sales/payable pounds sold. There is no similar financial measure in our financial statements with which to compare. Adjusted cash cost of sales is a Non-GAAP financial measure.

About Teck As one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Media Contact:Chris Stannell Public Relations Manager604.699.4368chris.stannell@teck.com

Investor Contact:Fraser PhillipsSenior Vice President, Investor Relations & Strategic Analysis604.699.4621fraser.phillips@teck.com

Investing $200,000 in this basket of dividend stocks should earn you $12,800 in passive income in 2022.

New York, NY, based Investment company Zweig-DiMenna Associates LLC (Current Portfolio) buys Caterpillar Inc, Macy's Inc, Teck Resources, Broadcom Inc, SomaLogic Inc, sells PayPal Holdings Inc, Electronic Arts Inc, Analog Devices Inc, Snap Inc, Capri Holdings during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Zweig-DiMenna Associates LLC. As of 2021Q4, Zweig-DiMenna Associates LLC owns 117 stocks with a total value of $1.2 billion. These are the details of the buys and sells.

New Purchases: CAT, M, TECK, AVGO, IIVI, WDC, BILI, CVE, SNOW, JD, STEM, MDB, ATUS, EXPE, BKR, TENB, MGM, COP, ABNB, TSLA, HUBS, IMAX, FLNC,
Added Positions: SLGC, CRWD, RE, PANW, CDNA, STRS, S, S, CTOS, SMFR, PCRX, UBER, UHAL, COIN, MRO, LMACU, APTV, HES, BLFS, ZNGA, PROF, PTON,
Reduced Positions: SNAP, SE, BAC, V, MA, COMM, GS, LESL, GOOGL, OXY, XOM, CFX, TJX, FB, BBWI, NKE, MRVL, TSM, AMZN, AMAT, MCD, AMD, NVDA, SHOP, STM, MU, NFLX, BABA, SHW, NOW, SI, DXCM, FRSH, FRSH, VSCO, TWLO, TDOC, HIIIU, AMBA, CFLT, BASE, MSFT, LOW, RXRAU,
Sold Out: PYPL, EA, ADI, CPRI, AGCO, NVTA, MELI, CRM, SPLK, ADBE, LITE, OKTA, PLTR, TWTR, LUV, PAGS, EXAS, DDOG, TRIN, SNII.U, DAL, CSGP, WFC, FORG, SLAMU, SIMO, ESMT, ZION, CMA, HWC, SNV, UCBI, GIIXU, FHN, GSEVU, MYPS, ANAC.U, FCAX.U, ANZUU, LHC.U, LHC.U, CPUH.U, ITQRU, NAACU, RKLY, POWRU, ALIT, AAC.U, CLAS.U, GTX, REE, ACII.U, PNTM.U, CBAH, TWST, TSPQ.U, NSTD.U, HHLA.U, SCOBU, JOFFU, GHACU, MONCU, DLCAU, ADEX.U, PAYO, OACB, CONX, KAIRU, AKICU,

For the details of Zweig-DiMenna Associates LLC's stock buys and sells,go to https://www.gurufocus.com/guru/zweig-dimenna+associates+llc/current-portfolio/portfolio

These are the top 5 holdings of Zweig-DiMenna Associates LLC

Advanced Micro Devices Inc (AMD) – 307,801 shares, 3.58% of the total portfolio. Shares reduced by 7.41%

NVIDIA Corp (NVDA) – 144,469 shares, 3.43% of the total portfolio. Shares reduced by 7.14%

Microsoft Corp (MSFT) – 119,543 shares, 3.25% of the total portfolio. Shares reduced by 1.71%

Freeport-McMoRan Inc (FCX) – 820,040 shares, 2.76% of the total portfolio. Shares reduced by 0.9%

Bath & Body Works Inc (BBWI) – 448,140 shares, 2.53% of the total portfolio. Shares reduced by 10.48%

New Purchase: Caterpillar Inc (CAT)

Zweig-DiMenna Associates LLC initiated holding in Caterpillar Inc. The purchase prices were between $188.94 and $214.25, with an estimated average price of $201.63. The stock is now traded at around $213.090000. The impact to a portfolio due to this purchase was 0.98%. The holding were 59,000 shares as of 2021-12-31.

New Purchase: Macy's Inc (M)

Zweig-DiMenna Associates LLC initiated holding in Macy's Inc. The purchase prices were between $22.21 and $37.37, with an estimated average price of $27.38. The stock is now traded at around $26.060000. The impact to a portfolio due to this purchase was 0.92%. The holding were 433,000 shares as of 2021-12-31.

New Purchase: Teck Resources Ltd (TECK)

Zweig-DiMenna Associates LLC initiated holding in Teck Resources Ltd. The purchase prices were between $24.55 and $29.88, with an estimated average price of $27.48. The stock is now traded at around $32.120000. The impact to a portfolio due to this purchase was 0.87%. The holding were 374,000 shares as of 2021-12-31.

New Purchase: Broadcom Inc (AVGO)

Zweig-DiMenna Associates LLC initiated holding in Broadcom Inc. The purchase prices were between $475.95 and $674.28, with an estimated average price of $564.76. The stock is now traded at around $553.051000. The impact to a portfolio due to this purchase was 0.72%. The holding were 13,350 shares as of 2021-12-31.

New Purchase: II-VI Inc (IIVI)

Zweig-DiMenna Associates LLC initiated holding in II-VI Inc. The purchase prices were between $54.61 and $70.5, with an estimated average price of $63.04. The stock is now traded at around $60.010000. The impact to a portfolio due to this purchase was 0.65%. The holding were 117,200 shares as of 2021-12-31.

New Purchase: Western Digital Corp (WDC)

Zweig-DiMenna Associates LLC initiated holding in Western Digital Corp. The purchase prices were between $52.29 and $66.13, with an estimated average price of $57.59. The stock is now traded at around $54.270000. The impact to a portfolio due to this purchase was 0.53%. The holding were 100,000 shares as of 2021-12-31.

Added: SomaLogic Inc (SLGC)

Zweig-DiMenna Associates LLC added to a holding in SomaLogic Inc by 237.56%. The purchase prices were between $10.49 and $14.28, with an estimated average price of $11.96. The stock is now traded at around $7.905000. The impact to a portfolio due to this purchase was 0.68%. The holding were 1,034,600 shares as of 2021-12-31.

Added: CrowdStrike Holdings Inc (CRWD)

Zweig-DiMenna Associates LLC added to a holding in CrowdStrike Holdings Inc by 95.42%. The purchase prices were between $194.71 and $293.18, with an estimated average price of $242.83. The stock is now traded at around $162.420000. The impact to a portfolio due to this purchase was 0.42%. The holding were 52,646 shares as of 2021-12-31.

Added: Everest Re Group Ltd (RE)

Zweig-DiMenna Associates LLC added to a holding in Everest Re Group Ltd by 26.37%. The purchase prices were between $250.41 and $286.62, with an estimated average price of $270.63. The stock is now traded at around $281.190000. The impact to a portfolio due to this purchase was 0.37%. The holding were 80,605 shares as of 2021-12-31.

Added: Palo Alto Networks Inc (PANW)

Zweig-DiMenna Associates LLC added to a holding in Palo Alto Networks Inc by 47.70%. The purchase prices were between $469.54 and $568.34, with an estimated average price of $520.64. The stock is now traded at around $491.050000. The impact to a portfolio due to this purchase was 0.33%. The holding were 22,450 shares as of 2021-12-31.

Added: CareDx Inc (CDNA)

Zweig-DiMenna Associates LLC added to a holding in CareDx Inc by 45.75%. The purchase prices were between $41.2 and $73.6, with an estimated average price of $51.74. The stock is now traded at around $37.330000. The impact to a portfolio due to this purchase was 0.29%. The holding were 253,274 shares as of 2021-12-31.

Added: SentinelOne Inc (S)

Zweig-DiMenna Associates LLC added to a holding in SentinelOne Inc by 26.47%. The purchase prices were between $45.01 and $76.3, with an estimated average price of $58.55. The stock is now traded at around $39.940000. The impact to a portfolio due to this purchase was 0.16%. The holding were 189,709 shares as of 2021-12-31.

Sold Out: PayPal Holdings Inc (PYPL)

Zweig-DiMenna Associates LLC sold out a holding in PayPal Holdings Inc. The sale prices were between $179.32 and $271.7, with an estimated average price of $214.83.

Sold Out: Electronic Arts Inc (EA)

Zweig-DiMenna Associates LLC sold out a holding in Electronic Arts Inc. The sale prices were between $120.23 and $145.44, with an estimated average price of $134.21.

Sold Out: Analog Devices Inc (ADI)

Zweig-DiMenna Associates LLC sold out a holding in Analog Devices Inc. The sale prices were between $164.02 and $188.8, with an estimated average price of $177.37.

Sold Out: Capri Holdings Ltd (CPRI)

Zweig-DiMenna Associates LLC sold out a holding in Capri Holdings Ltd. The sale prices were between $48.46 and $66.69, with an estimated average price of $59.45.

Sold Out: AGCO Corp (AGCO)

Zweig-DiMenna Associates LLC sold out a holding in AGCO Corp. The sale prices were between $109.09 and $133.32, with an estimated average price of $121.33.

Sold Out: Invitae Corp (NVTA)

Zweig-DiMenna Associates LLC sold out a holding in Invitae Corp. The sale prices were between $14.7 and $28.58, with an estimated average price of $21.39.

Here is the complete portfolio of Zweig-DiMenna Associates LLC. Also check out:1. Zweig-DiMenna Associates LLC's Undervalued Stocks2. Zweig-DiMenna Associates LLC's Top Growth Companies, and3. Zweig-DiMenna Associates LLC's High Yield stocks4. Stocks that Zweig-DiMenna Associates LLC keeps buyingThis article first appeared on GuruFocus.

Investment company Nkcfo Llc (Current Portfolio) buys EOG Resources Inc, Kirkland Lake Gold, Marathon Oil Corp, Campbell Soup Co, Teck Resources, sells Rio Tinto PLC, Fiserv Inc, InMode, Coinbase Global Inc, Airbnb Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Nkcfo Llc. As of 2021Q4, Nkcfo Llc owns 100 stocks with a total value of $311 million. These are the details of the buys and sells.

New Purchases: EOG, MRO, CPB, TSN, KRBN, CROX, GPRO, DISCK, MRNA, F, CPNG, URA, AXON, DKS, ARCB, FWRG, ELY, ROKU, SOFI, SOFI, CUTR, IAG, BBW, CWH, FNKO, MTUM, DFIN, INTT, OAS, ASAN, SPWH, VRTX, MRVI, HHR, VSTO, DXCM, TNDM, NOK, SIG, ULTA, HZNP, ISRG, CHH, BVH,
Added Positions: KL, TECK, TLT, LULU, VNQ,
Reduced Positions: VTIP, INMD, ABNB, ALGN, YETI, GOOG, EXPE, CELH, FIGS, DBC, IAU, HIVE, PGNY, QQQ,
Sold Out: RIO, FISV, COIN, AMN, NFLX, PLTR, LC, IWM, SQ, JYNT, REM, SHOP, CRWD, IEF, IWN, CRSR, CRL, ANF, HIMX, STAA, PENN, MOV, LEVI, TV, FLEX,

Warning! GuruFocus has detected 2 Warning Sign with KL. Click here to check it out.
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For the details of NKCFO LLC's stock buys and sells,go to https://www.gurufocus.com/guru/nkcfo+llc/current-portfolio/portfolio

These are the top 5 holdings of NKCFO LLC

Vanguard Short-Term Inflation-Protected Securities (VTIP) – 1,377,400 shares, 22.74% of the total portfolio. Shares reduced by 14.39%

Alphabet Inc (GOOGL) – 5,625 shares, 5.23% of the total portfolio.

Amazon.com Inc (AMZN) – 4,195 shares, 4.49% of the total portfolio.

Microsoft Corp (MSFT) – 41,175 shares, 4.45% of the total portfolio.

Accenture PLC (ACN) – 33,275 shares, 4.43% of the total portfolio.

New Purchase: EOG Resources Inc (EOG)

Nkcfo Llc initiated holding in EOG Resources Inc. The purchase prices were between $83.58 and $97.11, with an estimated average price of $89.9. The stock is now traded at around $108.835000. The impact to a portfolio due to this purchase was 2.3%. The holding were 80,500 shares as of 2021-12-31.

New Purchase: Marathon Oil Corp (MRO)

Nkcfo Llc initiated holding in Marathon Oil Corp. The purchase prices were between $14.83 and $17.26, with an estimated average price of $16.11. The stock is now traded at around $19.725000. The impact to a portfolio due to this purchase was 0.92%. The holding were 175,250 shares as of 2021-12-31.

New Purchase: Campbell Soup Co (CPB)

Nkcfo Llc initiated holding in Campbell Soup Co. The purchase prices were between $39.91 and $44.18, with an estimated average price of $41.61. The stock is now traded at around $44.070000. The impact to a portfolio due to this purchase was 0.86%. The holding were 61,400 shares as of 2021-12-31.

New Purchase: Tyson Foods Inc (TSN)

Nkcfo Llc initiated holding in Tyson Foods Inc. The purchase prices were between $78.08 and $87.16, with an estimated average price of $82.36. The stock is now traded at around $90.490000. The impact to a portfolio due to this purchase was 0.59%. The holding were 21,100 shares as of 2021-12-31.

New Purchase: KraneShares Global Carbon Strategy ETF (KRBN)

Nkcfo Llc initiated holding in KraneShares Global Carbon Strategy ETF. The purchase prices were between $38.65 and $54.74, with an estimated average price of $45.22. The stock is now traded at around $51.610000. The impact to a portfolio due to this purchase was 0.33%. The holding were 20,500 shares as of 2021-12-31.

New Purchase: Crocs Inc (CROX)

Nkcfo Llc initiated holding in Crocs Inc. The purchase prices were between $123.53 and $180.57, with an estimated average price of $154.04. The stock is now traded at around $95.110000. The impact to a portfolio due to this purchase was 0.27%. The holding were 6,470 shares as of 2021-12-31.

Added: Kirkland Lake Gold Ltd (KL)

Nkcfo Llc added to a holding in Kirkland Lake Gold Ltd by 31.79%. The purchase prices were between $37.85 and $46.35, with an estimated average price of $42.15. The stock is now traded at around $37.310000. The impact to a portfolio due to this purchase was 0.99%. The holding were 306,147 shares as of 2021-12-31.

Added: Teck Resources Ltd (TECK)

Nkcfo Llc added to a holding in Teck Resources Ltd by 32.55%. The purchase prices were between $24.55 and $29.88, with an estimated average price of $27.48. The stock is now traded at around $32.120000. The impact to a portfolio due to this purchase was 0.65%. The holding were 287,300 shares as of 2021-12-31.

Added: iShares 20+ Year Treasury Bond ETF (TLT)

Nkcfo Llc added to a holding in iShares 20+ Year Treasury Bond ETF by 100.00%. The purchase prices were between $141.01 and $154.18, with an estimated average price of $147.11. The stock is now traded at around $143.080000. The impact to a portfolio due to this purchase was 0.12%. The holding were 5,000 shares as of 2021-12-31.

Added: Lululemon Athletica Inc (LULU)

Nkcfo Llc added to a holding in Lululemon Athletica Inc by 83.33%. The purchase prices were between $370.57 and $477.91, with an estimated average price of $427.67. The stock is now traded at around $307.430000. The impact to a portfolio due to this purchase was 0.03%. The holding were 550 shares as of 2021-12-31.

Sold Out: Rio Tinto PLC (RIO)

Nkcfo Llc sold out a holding in Rio Tinto PLC. The sale prices were between $59.9 and $71.09, with an estimated average price of $64.71.

Sold Out: Fiserv Inc (FISV)

Nkcfo Llc sold out a holding in Fiserv Inc. The sale prices were between $95.55 and $111.29, with an estimated average price of $103.27.

Sold Out: Coinbase Global Inc (COIN)

Nkcfo Llc sold out a holding in Coinbase Global Inc. The sale prices were between $229.31 and $357.39, with an estimated average price of $291.66.

Sold Out: AMN Healthcare Services Inc (AMN)

Nkcfo Llc sold out a holding in AMN Healthcare Services Inc. The sale prices were between $94.48 and $124.24, with an estimated average price of $111.19.

Sold Out: Netflix Inc (NFLX)

Nkcfo Llc sold out a holding in Netflix Inc. The sale prices were between $586.73 and $691.69, with an estimated average price of $639.23.

Sold Out: Palantir Technologies Inc (PLTR)

Nkcfo Llc sold out a holding in Palantir Technologies Inc. The sale prices were between $17.96 and $26.75, with an estimated average price of $21.99.

Here is the complete portfolio of NKCFO LLC. Also check out:1. NKCFO LLC's Undervalued Stocks2. NKCFO LLC's Top Growth Companies, and3. NKCFO LLC's High Yield stocks4. Stocks that NKCFO LLC keeps buyingThis article first appeared on GuruFocus.

Copper and zinc both hit record highs in 2021, and precious metals look set to soar alongside inflation, with one little-known stock offering exposure to it all.

Prices of base metals have nearly doubled from a year ago thanks to a demand explosion for electronics, helped along by a supply-chain-stifling pandemic.

Copper has had a fabulously historic year. It broke price records twice, peaking at $10,476 per ton ($.76/lb) in mid-October.

And zinc has now been added to the US critical minerals list because it’s essential to the economic and/or national security of the United States and because its supply chain is vulnerable to disruption.

We saw zinc prices decline in 2019 and 2020, but 2021 was a major rebound year—with a 50% YoY surge.

Now, a junior explorer who set out to find gold but ended up finding not only gold, but indications of a whole basket of base metals that are a critical part of North America’s economic and national security.

Starr Peak Mining Ltd. (TSX:STE.V; OTCQX:STRPF) caught our attention in 2019 with a number of acquisitions adjacent to a major discovery by Amex Exploration (a play that earned shareholders up to 7,000% returns at one point).

Then it stunned us with evidence of a VMS discovery in its maiden drill results. A VMS (volcanogenic massive sulphide) deposit is rock containing multiple base metals, including zinc, copper, silver, and gold. It’s the type of deposit the big miners are always scouring the globe for.

But 2022 may bring us the bigger news …

On January 11th, Starr Peak reported its best VMS intercepts yet at its NewMetal property in Quebec’s Abitibi Greenstone Belt, showing 8.98% zinc over 9.85 meters and 1.28% copper over 7.2 meters.

Starr Peak’s ongoing drilling program is targeting the Normetmar Upper and Deep Zones that sit directly below the Normetmar high-grade zinc deposit and just one kilometer west of the historic producing Normetal mine, which has to date produced over 10 million tons of copper, zinc, gold, and silver.

These are high-grade highlights that are just what we think investors want to hear from Starr Peak as its drilling takes off in the New Year:

Upper Zone (above 400 meters, vertically): STE-21-73: 5.90 m of 6.04% Zinc Equivalent
Deep Zone (below 400 meters, vertically): STE-21-82-W1: 9.85 m of 8.98% Zinc Equivalent, including 0.82% of copper
Deep Zone (below 400 meters, vertically): STE-21-81: 7.20 m of 5.14% Zinc Equivalent, including 1.28% of copper

Will Starr Peak Keep Delivering?

Already as of last summer, Starr Peak (TSX:STE.V; OTCQX:STRPF) had almost a 100% hit rate on its reported drill hole targets.

Starr Peak released positive results from their maiden drill program in early May 2021, and then even higher-grade results in July—all of which led to a major expansion of the drilling program, leading up to January 2022’s exciting results.

While 2021 saw massive sulphide intercepts, 2022 may be gearing up to be much bigger.

Now, with the best drill results to date under its belt as of January 11th, Starr Peak has resumed drilling, targeting the Deep Zone below 600 meters.

A second drill will target the 4-kilometer prolific Normetmar-Normetal lithological contact on Starr Peak’s property.

And then there’s the gold: The gold targets in the northern half of Starr Peak’s Newmetal property are set to be drill-tested, too.

This is a huge land package that includes a past-producing mine adjacent to Amex Exploration’s discovery. And it’s all in the Abitibi Greenstone Belt—the most prolific Canadian ground for gold and polymetallic deposits, with Starr Peak’s properties right within the Normetal Volcanic Complex, otherwise known as the North Volcanic Zone.

Now, It’s All About Building Tonnage

With excellent drilling results coming in so far, with a large ongoing fully-funded drill program, it may all be about building tonnage now.

Everything they discovered in 2021 pointed to the robust potential for more zinc-rich massive lenses at great depth, and so far, 2022 shows further evidence that this may be a cornucopia of commodities—all of them experiencing growing demand, supply chain disruptions, and price increases.

Proving up a commercial VMS deposit of minerals is exactly what the major miners are after, and that’s exactly what makes a junior miner potentially incredibly valuable—far beyond any gold in the ground. VMS deposits are known for long-term production potential because they are found in clusters of deposits.

They are said to be among the rarest of discoveries, which means that everything is lining up for Starr Peak in a way that doesn’t usually happen for junior miners.

At this point, with the highest-grade results yet being announced on January 11th, Starr Peak’s assets look set for growth and value creation, and what comes next in the exploration stage might be a VMS kingmaker.

Starr Peak (TSX:STE.V; OTCQX:STRPF) is fully funded to keep drilling with 7 private placement deals closed since May 2020 …

March 2020: closed first tranche of private placement for $450,000
May 2020: closed final tranche of PP for $555,000
August 2020: closed flow-through PP for $1,110,000
November 2020: closed flow-through PP for $2,650,000
June 2021: closed institutional flow-through PP for $3,756,000
July 2021: closed institutional flow-through PP for $2,310,000
November 2021: closed institutional flow-through PP for $3,760,000

And what we think is the crème de la crème at the exploration wheel:

Dr. Jacques Trottier, PhD, founder and executive chairman of Amex Exploration and the man behind the Amex gold discovery at its Perron Project is now Starr Peak’s Chief Technical Advisor.

Starr Peak’s (TSX:STE.V; OTCQX:STRPF) new VP of Exploration, Yves Rougerie, PGeo, is also a VMS expert, with a track record across North America.

And CEO and Director Johnathan More, also the Chairman of Power Metals Corp., made it all happen: He jumped on the acquisition train right before Amex made its 2019 discovery and scooped up all the adjacent territory, including a past-producing mine.

What started off as part of the new Quebec gold rush, might become something far bigger: A coveted VMS rush at a time when economic and national security have turned base metals into “precious” metals and prices are out of this world.

This is our pick for one of the best junior mining narratives in the market today, and the first month of 2022 looks to have already set Starr Peak (TSX:STE.V; OTCQX:STRPF) on the road to potential discovery recognition and we think major miners are watching.

Other Miners To Watch As The Metals Race Heats Up

Barrick Gold (NYSE:GOLD, TSX:ABX) is a Toronto-based mining, exploration and production company. It has operations in Canada, the US and South America with mines in North America (Nevada), Chile and Argentina. Barrick also operates an open-pit mine at Pascua Lama on the border of Chile and Argentina. The Company's growth strategy includes expanding its Carlin Trend gold deposit in Nevada through selective acquisitions of key properties to provide meaningful leverage to rising gold prices as well as increased exploration for new deposits.

As the future of the economy looks more-and-more uncertain, and the Federal Reserve continues to print money at a record rate, solid gold miners like Barrick have drawn a lot of attention for investors, especially considering the healthy 0.96% dividend per share that comes with the purchase

Barrick is a top-tier gold miner with a global footprint. The Toronto-based gold giant operates in 13 countries, including Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. Though Newmont surpassed Barrick as the largest gold miner when it acquired Goldcorp, Barrick is still a force to be reckoned with.

Newmont (NYSE:NEM, TSX:NGT) is a global mining company with operations in the United States, Australia, Peru and Ghana. They are one of the world's largest gold producers and they have been operating for over 100 years. Newmont has its headquarters in Greenwood Village, Colorado (a suburb of Denver) where it was founded in 1921 by William Boyce Thompson.

Following its acquisition of Goldcorp, Newmont became the single biggest gold company in the world, but that doesn’t mean it doesn’t still have some room to run. As far as management goes Newmont doesn't have any weak spots. Its board includes veteran mining executives like Bob McAdam of Barrick Gold Corp., Tom Albanese of Rio Tinto plc (NYSE:RIO), Joe Jimenez of Dow Chemical Company (DOW) and John Wiebe of Kinross Gold Corporation (KGC).

In addition to producing and marketing their own mined resources, Newmont Goldcorp offers consulting services where they provide guidance on exploration projects around the globe. This company is an industry leader in exploration both domestically and abroad with offices located in 12 countries across 5 continents! Newmont works with their suppliers to find the best way to extract these materials from various sources including hard rock mines (rocks), soft rock mines (sedimentary rocks) or surface deposits of minerals like salt lakes or sand-based beaches.

Yamana Gold (NYSE:AUY, TSX:YRI), one of the world's top gold companies, has seen its share price hit especially hard this year. The company has been producing gold for over 50 years and operates two mines: the Canadian Malartic mine in Canada and the Minera Florida mine in Chile. It also owns three other properties: Agua Rica, Tapada do Norte, and Caiena. One of Yamana's most notable mines is the Chapada mine in Brazil which has been operational since 2011.

In 2021, Yamana signed a deal with industry giants Glencore and Goldcorp to develop and operate another Argentinian project, the Agua Rica. Initial analysis suggests the potential for a mine life in excess of 25 years at average annual production of approximately 236,000 tonnes (520 million pounds) of copper-equivalent metal, including the contributions of gold, molybdenum, and silver, for the first 10 years of operation.

Lithium Americas Corp. (NYSE:LAC, TSX:LAC) is one of North America’s most important and successful pure-play lithium companies. With two world-class lithium projects in Argentina and Nevada, Lithium Americas is well-positioned to ride the wave of growing lithium demand in the years to come. It’s already raised nearly a billion dollars in equity and debt, showing that investors have a ton of interest in the company’s ambitious plans, and it will likely continue its promising growth and expansion for years to come.

It’s not ignoring the growing demand from investors for responsible and sustainable mining, either. In fact, one of its primary goals is to create a positive impact on society and the environment through its projects. This includes cleaner mining tech, strong workplace safety practices, a range of opportunities for employees, and strong relationships with local governments to ensure that not only are its employees being taken care of, but locals as well.

Lithium Americas’ efforts have paid off in the market, as well. While many companies across multiple industries struggled last year, Lithium Americas’ stock soared. Since the beginning of the year, Lithium Americas has seen its share price climb by nearly 100%, and its showing no signs of slowing, especially as lithium demand continues to soar.

Teck Resources (NYSE:TECK, TSX:TECK) could be one of the best-diversified miners out there, with a broad portfolio of Copper, Zinc, Energy, Gold, Silver and Molybdenum assets. It’s even involved in the oil scene! With its free cash flow and a lower volatility outlook for base metals in combination with a growing push for copper and zinc to create batteries, Teck could emerge as one of the year’s most exciting miners.

Though Teck has not quite returned to its 2021 highs, it has seen a promising rebound since April lows. In addition to its positive trajectory, the company has seen a fair amount of insider buying, which tells shareholders that the management team is serious about continuing to add shareholder value. In addition to insider buying, Teck has been added to a number of hedge fund portfolios as well, suggesting that not only do insiders believe in the company, but also the smart money that’s really driving the markets.

Kirkland Lake Gold (NYSE:KL, TSX:KL) is a Canadian gold mining company that has been in operation for over fifty years. They are one of the world's largest producers of gold, with their mines located throughout Canada. The company focuses on using sustainable practices to ensure they are leaving behind an environment that can be enjoyed by generations to come.

Though not quite as established as Barrick or Newmont, Kirkland is no stranger to striking headline-grabbing deals in the industry. In fact, just recently, Kirkland and Newmont signed a $75 million exploration deal that could wind up being a game-changer for the industry. The two companies have agreed to split the cost 50/50 over five years with each company investing $15 million every year into joint projects between both companies for exploration purposes only – at this point it seems like a win.

According to a joint press release in late 2020, “Newmont has acquired an option from Kirkland on the mining and mineral rights subject to a royalty payable by Newmont to Royal Gold, Inc. (the Holt Royalty) in exchange for a $75 million payment to Kirkland Lake Gold. Newmont can exercise the Option only in the event Kirkland intends to restart operations at the Holt Mine and process material subject to the Holt Royalty”

This alliance will provide Kirkland with cash flow to evaluate new alternatives for the future of the mining complex, dive deeper into its existing properties, and weigh other opportunities where the two gold companies may be able to find common ground in the future.

Sociedad Química y Minera de Chile (NYSE:SQM) is a Chilean company that has been in operation for over 100 years and operates the most profitable commercial mine in the country. SQM produces more than 55 minerals, including lithium, iodine, potassium nitrate and copper. The company's headquarters are located on Avenida Kennedy, Santiago which was once an industrial area of the city with as many of 300 factories built there during its heyday between 1880 to 1930s.

Sociedad Química y Minera sees the lithium industry growing at around 20 percent per year in the long term, supported by rising EV sales and emission reduction goals from China to the United States.

The stock prices of major lithium producers and explorers, including Sociedad Quimica y Minera de Chile received a major hammering after Morgan Stanley forecast that Chilean low-cost brine producers could add as much as 200kt per year by 2025, while the expansion of China's and Australia's hard-rock mines could pump in another half a million metric tonnes over the next few years.

By. Tom Kool

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ

CAREFULLY**

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that prices for gold, silver, copper, zinc and other base metals will retain their value in future as currently expected, or could continue to increase due to global demand and political reasons; that Starr Peak can fulfill all its obligations to acquire its Quebec properties; that Starr Peak’s property can continue to achieve drilling and mining success for gold and other metals; that historical geological information and estimations will prove to be accurate or at least very indicative; that high-grade targets exist; that Starr Peak will be able to carry out its business plans, including future exploration and drilling programs; that the preliminary drilling results will be confirmed as further exploration continues; that the lab results from Starr Peak’s initial exploration program will confirm evidence of a significant VMS deposit; that Starr Peak’s exploration results will gain the attention and interest of larger mining companies and investors; that Starr Peak’s exploration results will continue to show promising results justifying ongoing exploration and possible development efforts. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that politics don’t have nearly the strong effect on gold and other base metal prices as expected; that demand for base metals may not continue to increase; that the Company may not complete all its announced mineral property purchases for various reasons; that the Company may not be able to finance its intended drilling and exploration programs; Starr Peak may not raise sufficient funds to carry out its business plans; that geological interpretations and technological results based on current data may change with more detailed information or testing; that the lab results from Starr Peak’s initial exploration program may not support evidence of a significant VMS deposit; that the preliminary drilling results may not be confirmed during further exploration efforts; that Starr Peak will fail to gain the attention and interest of other mining companies and investors; that Starr Peak’s exploration results may fail to find additional promising results justifying ongoing exploration and/or development efforts; and despite promising results from drilling and exploration, there may be no commercially viable minerals or ore on Starr Peak’s property. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is for entertainment purposes only. Never invest purely based on our communication. We have not been compensated by Starr Peak. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

SHARE OWNERSHIP. The owner of Oilprice.com owns shares of Starr Peak and therefore has an additional incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation.

ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

RISK OF INVESTING. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

Read this article on OilPrice.com

Investment company Plimoth Trust Co Llc (Current Portfolio) buys iShares MSCI Intl Quality Factor ETF, The Walt Disney Co, Activision Blizzard Inc, Deere, Capital One Financial Corp, sells AT&T Inc, Vodafone Group PLC, S&P 500 ETF TRUST ETF, Utilities Select Sector SPDR ETF, Sylvamo Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Plimoth Trust Co Llc. As of 2021Q4, Plimoth Trust Co Llc owns 166 stocks with a total value of $394 million. These are the details of the buys and sells.

New Purchases: CMG, FDX, AMT, SCCO, NSC,
Added Positions: IQLT, DIS, ATVI, AMZN, CRM, DE, LMT, COF, ADBE, RTX, NVDA, CAT, BMY, KO, CVX, JPM, REGN, MMM, TGT, QCOM, IGSB, AMAT, BAC, GOOGL, MCD, MDT, DD, TJX, AMGN, VZ, WMT, XLI, BRK.B, LIN, V, NKE, XLE, ABBV, CMCSA, PFFD, XLC, EEMV, IVV, XLRE, DRI, ABT, TFC, CMI, TROW, HUM, JNJ, MRK, SBUX, SYK, DES, DON, NUE, SWKS, MGV, ED, VTWO, COP, CPB, XLP,
Reduced Positions: T, VNQ, PEP, AAPL, XLV, FB, INTC, XLK, XLY, LOW, IBM, KMB, UPS, ETN, LLY, SPY, GOOG, GE, WBA, DUK, TMO, HD, XLF, CSCO, MAS, XLU, PFE, MO, PFG, STT, PM, XLB, BHLB, INTU, CTSH, COST, EMR, EXC, GILD, NEE, WSM, AMP, CHKP, CTXS, VO, D, EFA, XOM, NGG, VFC, GS, UL, HPQ, IP, TRV, SO, PRU, SPGI, MCHP, NVS,
Sold Out: VOD, SLVM,

For the details of PLIMOTH TRUST CO LLC's stock buys and sells,go to https://www.gurufocus.com/guru/plimoth+trust+co+llc/current-portfolio/portfolio

These are the top 5 holdings of PLIMOTH TRUST CO LLC

Apple Inc (AAPL) – 141,172 shares, 6.36% of the total portfolio. Shares reduced by 1.36%

Microsoft Corp (MSFT) – 57,771 shares, 4.93% of the total portfolio. Shares reduced by 0.9%

Invesco Preferred ETF (PGX) – 732,486 shares, 2.79% of the total portfolio. Shares added by 0.80%

JPMorgan Chase & Co (JPM) – 64,014 shares, 2.57% of the total portfolio. Shares added by 1.82%

Vanguard Real Estate Index Fund ETF (VNQ) – 85,726 shares, 2.52% of the total portfolio. Shares reduced by 7.09%

New Purchase: Chipotle Mexican Grill Inc (CMG)

Plimoth Trust Co Llc initiated holding in Chipotle Mexican Grill Inc. The purchase prices were between $1592.1 and $1863, with an estimated average price of $1758.68. The stock is now traded at around $1362.470000. The impact to a portfolio due to this purchase was 0.13%. The holding were 292 shares as of 2021-12-31.

New Purchase: FedEx Corp (FDX)

Plimoth Trust Co Llc initiated holding in FedEx Corp. The purchase prices were between $217.87 and $258.64, with an estimated average price of $240.55. The stock is now traded at around $241.260000. The impact to a portfolio due to this purchase was 0.1%. The holding were 1,485 shares as of 2021-12-31.

New Purchase: Southern Copper Corp (SCCO)

Plimoth Trust Co Llc initiated holding in Southern Copper Corp. The purchase prices were between $56.2 and $66.21, with an estimated average price of $60.23. The stock is now traded at around $64.020000. The impact to a portfolio due to this purchase was 0.06%. The holding were 3,645 shares as of 2021-12-31.

New Purchase: American Tower Corp (AMT)

Plimoth Trust Co Llc initiated holding in American Tower Corp. The purchase prices were between $257.53 and $292.5, with an estimated average price of $273.26. The stock is now traded at around $238.385000. The impact to a portfolio due to this purchase was 0.06%. The holding were 860 shares as of 2021-12-31.

New Purchase: Norfolk Southern Corp (NSC)

Plimoth Trust Co Llc initiated holding in Norfolk Southern Corp. The purchase prices were between $247.88 and $297.71, with an estimated average price of $279.86. The stock is now traded at around $268.980000. The impact to a portfolio due to this purchase was 0.05%. The holding were 685 shares as of 2021-12-31.

Added: iShares MSCI Intl Quality Factor ETF (IQLT)

Plimoth Trust Co Llc added to a holding in iShares MSCI Intl Quality Factor ETF by 75.83%. The purchase prices were between $37.35 and $40, with an estimated average price of $38.88. The stock is now traded at around $36.780000. The impact to a portfolio due to this purchase was 0.25%. The holding were 57,052 shares as of 2021-12-31.

Added: The Walt Disney Co (DIS)

Plimoth Trust Co Llc added to a holding in The Walt Disney Co by 32.45%. The purchase prices were between $142.15 and $177.71, with an estimated average price of $161. The stock is now traded at around $135.390000. The impact to a portfolio due to this purchase was 0.21%. The holding were 22,108 shares as of 2021-12-31.

Added: Activision Blizzard Inc (ATVI)

Plimoth Trust Co Llc added to a holding in Activision Blizzard Inc by 145.85%. The purchase prices were between $57.28 and $81.19, with an estimated average price of $68.02. The stock is now traded at around $79.070000. The impact to a portfolio due to this purchase was 0.17%. The holding were 16,607 shares as of 2021-12-31.

Added: Deere & Co (DE)

Plimoth Trust Co Llc added to a holding in Deere & Co by 52.99%. The purchase prices were between $329 and $367.86, with an estimated average price of $348.32. The stock is now traded at around $375.600000. The impact to a portfolio due to this purchase was 0.14%. The holding were 4,761 shares as of 2021-12-31.

Added: Capital One Financial Corp (COF)

Plimoth Trust Co Llc added to a holding in Capital One Financial Corp by 50.78%. The purchase prices were between $138.35 and $173.25, with an estimated average price of $154.18. The stock is now traded at around $142.370000. The impact to a portfolio due to this purchase was 0.13%. The holding were 10,752 shares as of 2021-12-31.

Added: Lockheed Martin Corp (LMT)

Plimoth Trust Co Llc added to a holding in Lockheed Martin Corp by 29.98%. The purchase prices were between $326.31 and $376.33, with an estimated average price of $345.82. The stock is now traded at around $386.340000. The impact to a portfolio due to this purchase was 0.13%. The holding were 6,399 shares as of 2021-12-31.

Sold Out: Vodafone Group PLC (VOD)

Plimoth Trust Co Llc sold out a holding in Vodafone Group PLC. The sale prices were between $14.62 and $16.1, with an estimated average price of $15.26.

Sold Out: Sylvamo Corp (SLVM)

Plimoth Trust Co Llc sold out a holding in Sylvamo Corp. The sale prices were between $24.8 and $33.1, with an estimated average price of $29.08.

Here is the complete portfolio of PLIMOTH TRUST CO LLC. Also check out:1. PLIMOTH TRUST CO LLC's Undervalued Stocks2. PLIMOTH TRUST CO LLC's Top Growth Companies, and3. PLIMOTH TRUST CO LLC's High Yield stocks4. Stocks that PLIMOTH TRUST CO LLC keeps buyingThis article first appeared on GuruFocus.

Vancouver, British Columbia–(Newsfile Corp. – January 26, 2022) – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces that as at January 25, 2022, the project framework agreement (the "Agreement") between its subsidiary, Barplats Mines (Pty) Ltd. ("Barplats") and Advanced Beneficiation Technologies Proprietary Limited of South Africa ("ABT") has been terminated.

As previously announced on July 22, 2020, the Agreement was entered into for the development and construction of a new modular plant with a capacity to process the platinum group metals ("PGMs") from the tailings re-deposited from the retreatment project at a designated area of the Zandfontein tailings dam situated at the Crocodile River Mine in South Africa at an expected rate of 50,000 tons per month (the "Circuit H Project"). There were several milestones required under the Agreement to complete and establish the Circuit H Project, including a joint venture agreement between Barplats and ABT, financing agreements and off-take agreements for the project. None of these agreements were concluded prior to the termination of the Agreement.

The Company continues to focus its efforts on restarting the Zandfontein underground operations at the Crocodile River Mine and will assess its ability to recover PGMs from the tailings redeposited onto the Zandfontein tailings dam in due course.

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 LIMITEDWylie Hui, Chief Financial Officer and 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 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: efforts on restarting the Zandfontein underground operations and ability to recover PGMs from tailing redeposited on the Zandfontein tailings dam. 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/111688

Investment company Successful Portfolios LLC (Current Portfolio) buys Vanguard Short-Term Government Bond ETF, iShares 0-5 Year High Yield Corporate Bond ETF, Uber Technologies Inc, HP Inc, SPDR Oil & Gas Exploration and Production ETF, sells iShares 1-3 Year Credit Bond ETF, International Business Machines Corp, Shell PLC, Genuine Parts Co, BTC BlackRock Short Maturity Bond ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Successful Portfolios LLC. As of 2021Q4, Successful Portfolios LLC owns 214 stocks with a total value of $184 million. These are the details of the buys and sells.

New Purchases: VGSH, UBER, HPQ, CP, QCOM, CRM, ANTM, XOP, BAX, FDX, LOW, SHOP, QQQ, NXP,
Added Positions: SCHO, SCHB, SHYG, VTIP, TIP, IVV, SCHX, VTI, MA, VXUS, IUSB, SCHF, SPTS, EFG, SNAP, BHP, FLRN, EFV, VT, GSLC, BABA, T, SPLK, FB, DIS, HON, COST, BKNG, SHY, SPTM, JPM, USMV, MU, VIG, VMBS, PFE, ESGU, RDS.A, TWLO, TWTR, PM, VZ, TGT, NEA, MO, CAG, VTEB, CLX, TFC, D, ENB, FCX, GILD, SCHD, MRK, IJR, DS, SIRI, SWKS, LUV, SBUX, DAL,
Reduced Positions: IGSB, GOVT, PAYX, KMB, AMGN, BKD, VLUE, SCHR, IXN, IXG, ESGE, MTUM, LQD, SCHZ, SCHP, NVDA, GE, BP, GLD, CMCSA, COMT, IGIB, AGG, IYE, CMG, COP, SCHE, INTU, F, VOO, AOD, TD, WRK, ISRG, EOG, CSCO, BMY, BA, NLY,
Sold Out: IBM, RDS.B, GPC, NEAR, TLT,

For the details of Successful Portfolios LLC's stock buys and sells,go to https://www.gurufocus.com/guru/successful+portfolios+llc/current-portfolio/portfolio

These are the top 5 holdings of Successful Portfolios LLC

S&P 500 ETF TRUST ETF (SPY) – 27,306 shares, 7.05% of the total portfolio. Shares reduced by 0.44%

Schwab Short-Term U.S. Treasury ETF (SCHO) – 159,562 shares, 4.41% of the total portfolio. Shares added by 17.84%

Schwab U.S. Broad Market ETF (SCHB) – 62,508 shares, 3.84% of the total portfolio. Shares added by 7.32%

Microsoft Corp (MSFT) – 16,827 shares, 3.08% of the total portfolio. Shares reduced by 0.38%

Apple Inc (AAPL) – 31,423 shares, 3.03% of the total portfolio. Shares reduced by 0.04%

New Purchase: Vanguard Short-Term Government Bond ETF (VGSH)

Successful Portfolios LLC initiated holding in Vanguard Short-Term Government Bond ETF. The purchase prices were between $60.79 and $61.19, with an estimated average price of $60.95. The stock is now traded at around $60.530000. The impact to a portfolio due to this purchase was 0.25%. The holding were 7,580 shares as of 2021-12-31.

New Purchase: Uber Technologies Inc (UBER)

Successful Portfolios LLC initiated holding in Uber Technologies Inc. The purchase prices were between $35.73 and $48.36, with an estimated average price of $43.04. The stock is now traded at around $34.820000. The impact to a portfolio due to this purchase was 0.15%. The holding were 6,452 shares as of 2021-12-31.

New Purchase: HP Inc (HPQ)

Successful Portfolios LLC initiated holding in HP Inc. The purchase prices were between $26.48 and $38.1, with an estimated average price of $32.89. The stock is now traded at around $34.980000. The impact to a portfolio due to this purchase was 0.14%. The holding were 6,669 shares as of 2021-12-31.

New Purchase: SPDR Oil & Gas Exploration and Production ETF (XOP)

Successful Portfolios LLC initiated holding in SPDR Oil & Gas Exploration and Production ETF. The purchase prices were between $90.95 and $110.89, with an estimated average price of $102.02. The stock is now traded at around $106.250000. The impact to a portfolio due to this purchase was 0.13%. The holding were 2,521 shares as of 2021-12-31.

New Purchase: Salesforce.com Inc (CRM)

Successful Portfolios LLC initiated holding in Salesforce.com Inc. The purchase prices were between $247.21 and $309.96, with an estimated average price of $280.77. The stock is now traded at around $215.390000. The impact to a portfolio due to this purchase was 0.13%. The holding were 946 shares as of 2021-12-31.

New Purchase: Canadian Pacific Railway Ltd (CP)

Successful Portfolios LLC initiated holding in Canadian Pacific Railway Ltd. The purchase prices were between $66.43 and $77.89, with an estimated average price of $73.15. The stock is now traded at around $73.610000. The impact to a portfolio due to this purchase was 0.13%. The holding were 3,279 shares as of 2021-12-31.

Added: iShares 0-5 Year High Yield Corporate Bond ETF (SHYG)

Successful Portfolios LLC added to a holding in iShares 0-5 Year High Yield Corporate Bond ETF by 96.32%. The purchase prices were between $44.55 and $45.36, with an estimated average price of $45. The stock is now traded at around $44.810000. The impact to a portfolio due to this purchase was 0.25%. The holding were 20,598 shares as of 2021-12-31.

Added: Mastercard Inc (MA)

Successful Portfolios LLC added to a holding in Mastercard Inc by 62.17%. The purchase prices were between $306.28 and $369.56, with an estimated average price of $345.75. The stock is now traded at around $338.760000. The impact to a portfolio due to this purchase was 0.07%. The holding were 973 shares as of 2021-12-31.

Added: Snap Inc (SNAP)

Successful Portfolios LLC added to a holding in Snap Inc by 23.58%. The purchase prices were between $44.42 and $77.34, with an estimated average price of $55.77. The stock is now traded at around $30.660000. The impact to a portfolio due to this purchase was 0.04%. The holding were 7,348 shares as of 2021-12-31.

Added: BHP Group Ltd (BHP)

Successful Portfolios LLC added to a holding in BHP Group Ltd by 23.46%. The purchase prices were between $52.3 and $60.35, with an estimated average price of $56.15. The stock is now traded at around $63.880000. The impact to a portfolio due to this purchase was 0.03%. The holding were 4,895 shares as of 2021-12-31.

Sold Out: International Business Machines Corp (IBM)

Successful Portfolios LLC sold out a holding in International Business Machines Corp. The sale prices were between $115.81 and $138.13, with an estimated average price of $125.15.

Sold Out: Shell PLC (RDS.B)

Successful Portfolios LLC sold out a holding in Shell PLC. The sale prices were between $41.41 and $49.69, with an estimated average price of $45.08.

Sold Out: Genuine Parts Co (GPC)

Successful Portfolios LLC sold out a holding in Genuine Parts Co. The sale prices were between $122.37 and $140.2, with an estimated average price of $132.62.

Sold Out: iShares 20+ Year Treasury Bond ETF (TLT)

Successful Portfolios LLC sold out a holding in iShares 20+ Year Treasury Bond ETF. The sale prices were between $141.01 and $154.18, with an estimated average price of $147.11.

Sold Out: BTC BlackRock Short Maturity Bond ETF (NEAR)

Successful Portfolios LLC sold out a holding in BTC BlackRock Short Maturity Bond ETF. The sale prices were between $49.92 and $50.04, with an estimated average price of $49.97.

Here is the complete portfolio of Successful Portfolios LLC. Also check out:1. Successful Portfolios LLC's Undervalued Stocks2. Successful Portfolios LLC's Top Growth Companies, and3. Successful Portfolios LLC's High Yield stocks4. Stocks that Successful Portfolios LLC keeps buyingThis article first appeared on GuruFocus.

VANCOUVER, British Columbia, Jan. 26, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited ("Teck") (TSX: TECK.A and TECK.B, NYSE: TECK) today announced an agreement with Caterpillar Inc. (“Caterpillar”) (NYSE: CAT) to work towards deploying 30 of Caterpillar’s zero-emissions large haul trucks at Teck mining operations. Decarbonizing Teck’s vehicle fleet represents a significant reduction in Scope 1 emissions as Teck works towards its goals to reduce the carbon intensity of its operations by 33% by 2030 and be a carbon-neutral operator by 2050.

“Teck is already one of the world’s lowest carbon intensity producers of copper, zinc and steelmaking coal, and now we are taking further action to develop and implement the technology needed to reduce the carbon footprint of our operations and support global efforts to combat climate change,” said Don Lindsay, President and CEO, Teck. “Decarbonizing our haul truck fleet is a critical step forward on our road to carbon neutrality and we are pleased to collaborate with Caterpillar to advance this work.” Caterpillar Group President Denise Johnson added, “We look forward to working with Teck to support their climate goals and developing solutions to increase operational efficiency while substantially reducing emissions. We are excited to strengthen our collaboration and deliver results.”The companies plan to progress through a multi-phased approach together that includes early development, piloting and deployment of 30 Caterpillar zero-emission vehicles, including Cat 794 ultra-class trucks beginning in 2027. Teck anticipates initially deploying zero-emissions trucks at its Elk Valley steelmaking coal operations in British Columbia, Canada. The operations are already powered by a 95% clean electricity grid, making it an ideal location to introduce one of Canada’s first zero-emissions large haul truck fleets, with options for trolley-assist technology. Click here to learn more about Teck’s approach to taking action on climate change.

Forward-Looking StatementsThis press release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information as defined in the Securities Act (Ontario). The forward-looking statements relate to expectations with respect to decarbonization of our vehicle fleet and our long-term sustainability strategy, including but not limited to our 2030 and 2050 goals. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this press release are based on assumptions regarding commodity prices, general economic conditions and the performance of our business, performance of emerging technologies, as well as our ability to achieve our climate goals and the longer term impacts of those goals on our business, among other matters. The foregoing list of assumptions is not exhaustive. Factors that may cause actual results to vary include, but are not limited to, changes in commodity prices or general economic conditions, actual climate-change consequences, adequate technology not being available on adequate terms, and changes in laws and governmental regulations or enforcement thereof that impact our operations or strategy. We assume no obligation to update forward-looking statements except as required under securities laws.

Further information concerning risks and uncertainties associated with these forward-looking statements can be found in our annual information form for the year ended December 31, 2020, filed under our profile on SEDAR (www.sedar.com) and on EDGAR (www.sec.gov) under cover of Form 40-F, as well as subsequent filings under our profile.

About Caterpillar With 2020 sales and revenues of $41.7 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Since 1925, we’ve been driving sustainable progress and helping customers build a better world through innovative products and services. Throughout the product life cycle, we offer services built on cutting-edge technology and decades of product expertise. These products and services, backed by our global dealer network, provide exceptional value to help our customers succeed. We do business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries, and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/social-media.

Media Contact:Chris Stannell Public Relations Manager604.699.4368chris.stannell@teck.com

Investor Contact:Fraser PhillipsSenior Vice President, Investor Relations & Strategic Analysis604.699.4621fraser.phillips@teck.com

Investment company Terra Nova Asset Management LLC (Current Portfolio) buys Tesla Inc, Ford Motor Co, Enbridge Inc, Pfizer Inc, Chevron Corp, sells PIMCO Corporate & Income Opportunity Fds, Dow Inc, iShares S&P Global Clean Energy Index Fund, iShares TIPS Bond ETF, LyondellBasell Industries NV during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Terra Nova Asset Management LLC. As of 2021Q4, Terra Nova Asset Management LLC owns 90 stocks with a total value of $133 million. These are the details of the buys and sells.

New Purchases: TSLA, ENB, PFE, CVX, SCCO,
Added Positions: F, ABT, MSFT, UYG, TMO, ABNB, MAA, ENPH, OUNZ,
Reduced Positions: AAPL, V, GOOGL, AES, PYPL, NVDA, INTC, ODFL, DLR, AMZN, NEE, CCI, MTZ, GM, UPS, VMI, GOOG, XLB, HCA, ZTS, IGV, XLY, PAYX, ADBE, J, ISRG, AZO, IQV, APD, IHF, STZ, HD, APTV, HON, RMD, SBUX, CSX, ROKU, VZ, IYW, PG,
Sold Out: PTY, DOW, ICLN, TIP, LYB, NFLX,

For the details of Terra Nova Asset Management LLC's stock buys and sells,go to https://www.gurufocus.com/guru/terra+nova+asset+management+llc/current-portfolio/portfolio

These are the top 5 holdings of Terra Nova Asset Management LLC

NVIDIA Corp (NVDA) – 20,270 shares, 4.47% of the total portfolio. Shares reduced by 2.62%

Amazon.com Inc (AMZN) – 1,726 shares, 4.31% of the total portfolio. Shares reduced by 1.26%

Microsoft Corp (MSFT) – 16,956 shares, 4.27% of the total portfolio. Shares added by 1.04%

Alphabet Inc (GOOGL) – 1,794 shares, 3.89% of the total portfolio. Shares reduced by 2.66%

Apple Inc (AAPL) – 25,343 shares, 3.37% of the total portfolio. Shares reduced by 9.17%

New Purchase: Tesla Inc (TSLA)

Terra Nova Asset Management LLC initiated holding in Tesla Inc. The purchase prices were between $780.59 and $1229.91, with an estimated average price of $1012.35. The stock is now traded at around $918.400000. The impact to a portfolio due to this purchase was 1.52%. The holding were 1,916 shares as of 2021-12-31.

New Purchase: Enbridge Inc (ENB)

Terra Nova Asset Management LLC initiated holding in Enbridge Inc. The purchase prices were between $36.89 and $43.3, with an estimated average price of $40.06. The stock is now traded at around $41.020000. The impact to a portfolio due to this purchase was 0.37%. The holding were 12,807 shares as of 2021-12-31.

New Purchase: Pfizer Inc (PFE)

Terra Nova Asset Management LLC initiated holding in Pfizer Inc. The purchase prices were between $41.32 and $61.25, with an estimated average price of $49.81. The stock is now traded at around $52.540000. The impact to a portfolio due to this purchase was 0.18%. The holding were 4,084 shares as of 2021-12-31.

New Purchase: Chevron Corp (CVX)

Terra Nova Asset Management LLC initiated holding in Chevron Corp. The purchase prices were between $104.72 and $118.79, with an estimated average price of $113.83. The stock is now traded at around $132.590000. The impact to a portfolio due to this purchase was 0.16%. The holding were 1,776 shares as of 2021-12-31.

New Purchase: Southern Copper Corp (SCCO)

Terra Nova Asset Management LLC initiated holding in Southern Copper Corp. The purchase prices were between $56.2 and $66.21, with an estimated average price of $60.23. The stock is now traded at around $64.640000. The impact to a portfolio due to this purchase was 0.16%. The holding were 3,485 shares as of 2021-12-31.

Added: Ford Motor Co (F)

Terra Nova Asset Management LLC added to a holding in Ford Motor Co by 141.72%. The purchase prices were between $14.12 and $21.45, with an estimated average price of $18.53. The stock is now traded at around $19.980000. The impact to a portfolio due to this purchase was 0.59%. The holding were 64,024 shares as of 2021-12-31.

Sold Out: PIMCO Corporate & Income Opportunity Fds (PTY)

Terra Nova Asset Management LLC sold out a holding in PIMCO Corporate & Income Opportunity Fds. The sale prices were between $16.15 and $18.63, with an estimated average price of $17.77.

Sold Out: Dow Inc (DOW)

Terra Nova Asset Management LLC sold out a holding in Dow Inc. The sale prices were between $52.76 and $60.06, with an estimated average price of $56.99.

Sold Out: iShares S&P Global Clean Energy Index Fund (ICLN)

Terra Nova Asset Management LLC sold out a holding in iShares S&P Global Clean Energy Index Fund. The sale prices were between $20.43 and $25.64, with an estimated average price of $22.91.

Sold Out: iShares TIPS Bond ETF (TIP)

Terra Nova Asset Management LLC sold out a holding in iShares TIPS Bond ETF. The sale prices were between $126.62 and $129.87, with an estimated average price of $128.15.

Sold Out: LyondellBasell Industries NV (LYB)

Terra Nova Asset Management LLC sold out a holding in LyondellBasell Industries NV. The sale prices were between $84.55 and $99.46, with an estimated average price of $92.69.

Sold Out: Netflix Inc (NFLX)

Terra Nova Asset Management LLC sold out a holding in Netflix Inc. The sale prices were between $586.73 and $691.69, with an estimated average price of $639.23.

Here is the complete portfolio of Terra Nova Asset Management LLC. Also check out:1. Terra Nova Asset Management LLC's Undervalued Stocks2. Terra Nova Asset Management LLC's Top Growth Companies, and3. Terra Nova Asset Management LLC's High Yield stocks4. Stocks that Terra Nova Asset Management LLC keeps buyingThis article first appeared on GuruFocus.

(Bloomberg) — Canadian miner Teck Resources Ltd. bought a stake in a U.S. startup that can extract copper out of waste rock, as concerns mount about shortages of one of the metals key to the energy transition.

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