Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
9/9/2024 | $120.00 → $131.00 | Underweight → Neutral | JP Morgan | |
9/9/2024 | $170.00 → $174.00 | Neutral → Overweight | JP Morgan | |
9/4/2024 | $36.00 | Peer Perform → Outperform | Wolfe Research | |
9/3/2024 | $129.00 → $145.00 | Neutral → Buy | UBS | |
8/28/2024 | $29.00 → $31.00 | Hold → Buy | Deutsche Bank | |
8/19/2024 | Equal Weight → Overweight | Barclays | ||
8/15/2024 | $187.00 → $176.00 | Equal-Weight → Overweight | Morgan Stanley | |
8/12/2024 | $32.00 → $38.00 | Sell → Buy | UBS |
3 - CENTURY ALUMINUM CO (0000949157) (Issuer)
4 - SOUTHERN COPPER CORP/ (0001001838) (Issuer)
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
Reliance anticipates underlying demand will remain relatively stable across the majority of the end markets it serves in the third quarter of 2024 subject to shipment levels to be impacted by normal seasonal patterns, which include a decline in shipping volumes due to planned customer shutdowns and vacation schedules. As a result, the Company estimates its tons sold will be down 2.5% to 4.5% in the third quarter of 2024 compared to the second quarter of 2024 and up 4.5% to 6.5% from the third quarter of 2023. Reliance expects its average selling price per ton sold for the third quarter of 2024 to be down 2% to 4% compared to the second quarter of 2024, primarily driven by lower prices for ca
Reliance (NYSE:RS) reported quarterly earnings of $4.65 per share which missed the analyst consensus estimate of $4.73 by 1.69 percent. The company reported quarterly sales of $3.643 billion which missed the analyst consensus estimate of $3.650 billion by 0.18 percent. This is a 6.10 percent decrease over sales of $3.880 billion the same period last year.
An early exposure to financial markets, a strong desire to build on his father’s legacy, and an innovative approach to an archaic industry helped turn Robert McEwen into one of the most successful mining executives. After completing a round of financing for an advance-stage copper project in Argentina, McEwen spoke to Benzinga about his beginnings, Goldcorp‘s transformation, and plans for his current venture, McEwen Mining (NYSE:MUX). Veteran’s Apprentice After contracting polio in WW2, Robert's father, Donald McEwen, turned to business, becoming a stockbroker and a fund manager. "Our dining room table was always a discussion about gold, and he had me charting stocks when I was a
CHARLOTTE, N.C., Sept. 12, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This cash dividend is payable on November 8, 2024 to stockholders of record on September 27, 2024 and is Nucor's 206th consecutive quarterly cash dividend. About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girder
SCOTTSDALE, Ariz., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced that Karla Lewis, President and Chief Executive Officer, will ring the closing bell at the New York Stock Exchange ("NYSE") on Thursday, September 19, 2024, to commemorate the Company's 30th anniversary as a listed company. Reliance corporate officers will also participate in the ceremony. Live coverage of the event will begin on Thursday, September 19, 2024, at 3:55 p.m. ET and will be available for streaming at https://www.NYSE.com/bell. "It is an honor to ring the NYSE closing bell in celebration of our 30th anniversary as a publicly traded company and 85 years in business," commented Mrs. Lewis. "
Assay Highlights: 24GF-1471: 4.9 g/t Au over 6.4 m (0.16 oz/t Au over 23.0 ft) 24GF-1474: 13.8 g/t Au over 2.4 m (0.44 oz/t Au over 9.8 ft) 24GF-1452: 9.8 g/t Au over 2.8 m (0.31 oz/t Au over 11.2 ft) See Figure 5. All assay value intervals are true widths unless otherwise noted; TW=True Width, CW=Core Width TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to provide new assay results from its Grey Fox deposit, part of the Fox Complex located in the Timmins region of Ontario, Canada. These results (see Table 1) demonstrate that the Gibson area of Grey Fox has good grading mineralization over mineable widths in close proximity to existing un
6-K - POSCO HOLDINGS INC. (0000889132) (Filer)
EFFECT - McEwen Mining Inc. (0000314203) (Filer)
6-K/A - POSCO HOLDINGS INC. (0000889132) (Filer)
4 - NUCOR CORP (0000073309) (Issuer)
SC 13D/A - CENTURY ALUMINUM CO (0000949157) (Subject)
SC 13G/A - CENTURY ALUMINUM CO (0000949157) (Subject)
SC 13G/A - STEEL DYNAMICS INC (0001022671) (Subject)
CHARLOTTE, N.C., Sept. 12, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This cash dividend is payable on November 8, 2024 to stockholders of record on September 27, 2024 and is Nucor's 206th consecutive quarterly cash dividend. About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girder
FORT WAYNE, Ind., Aug. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2024 and is payable on or about October 11, 2024. About Steel Dynamics, Inc.Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, based on estimated annual steelmaking and metals recycling capability, with facilities located throughout t
Infill Drill Highlights:AZ24375:217 metersof1.11 % Cu, incl.100 metersof1.32 % CuAZ24335:158 metersof0.84 % Cu, incl.78.5 metersof1.10 % CuAZ24403:276 metersof0.86 % Cu, incl.160 metersof0.96 % CuAZ24320:146 metersof0.89 % CuAZ24332:119.6 metersof0.72 % Cu TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- McEwen Copper Inc., 48.3% owned by McEwen Mining Inc. (NYSE:MUX) (TSX:MUX), is pleased to comment on the excitement in Argentina that includes: Remarkable new legislation introduced by President Milei to encourage large domestic and foreign investments in the country;A US$4.4 Billion transaction led by BHP, the world's largest mining company, and Lundin Mining to acquire two copper dep
TORONTO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- BHP Xplor, the six-month accelerator program aimed at revolutionizing critical mineral exploration, has officially opened applications for the 2025 cohort. Following the success of the 2023 and 2024 cohorts, BHP Xplor is excited to invite early-stage explorers to join its next chapter. Once again, the program is seeking visionary teams focused on uncovering new sources of critical minerals crucial for a sustainable future. The BHP Xplor program is designed to accelerate participants' exploration opportunities while fostering long-term relationships with BHP. Participants will benefit from up to $500K equity-free funding, expert mentorship, and
Alcoa Corporation (NYSE:AA, ASX: AAI))) today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company's investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations and Pension Investments, who will retire on September 1 after more than 30 years of service. Mr. Langlois is currently senior vice president and treasurer. He will continue to report to Executive Vice President and Chief Financial Officer Molly Beerman. "Louis will extend the strong relationships he currently has with o
06 August 2024, 07:30 CET ArcelorMittal today announces that following the signature of a Share Purchase Agreement on 12 March 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition of 65,243,206 shares, representing c.28.41% equity interest in Vallourec, for €14.64 per share from funds managed by Apollo Global Management Inc., for a total consideration of approximately €955 million, subject to successful completion of the settlement. Following completion of this transaction, the appointment of Mr. Genuino Magalhaes Christino (Chief Financial Officer, ArcelorMittal) as director of Vallourec will
JP Morgan upgraded Steel Dynamics from Underweight to Neutral and set a new price target of $131.00 from $120.00 previously
JP Morgan upgraded Nucor from Neutral to Overweight and set a new price target of $174.00 from $170.00 previously
Wolfe Research upgraded Alcoa from Peer Perform to Outperform and set a new price target of $36.00