The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 5.05% higher within the past month. HudBay Minerals presently features a Zacks Rank of #1 (Strong Buy). HudBay Minerals (HBM) closed the most recent trading day at $10.12, moving -2.13% from the previous trading session. This move lagged the S&P ...

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Piedmont Lithium Inc. - Sponsored ADR is a member of the Zacks Mining - Miscellaneous industry. One other stock in the same industry, Denison Mine (DNN) , finished the last trading session 0.5% higher at $1.87. DNN has returned % over the past month. For Denison Mine, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.02. T ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characte ...

Fortuna Mining (FSM) ended the recent trading session at $6.58, demonstrating a -4.78% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.14%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.27%. Heading into today, shares of the silver and gold miner had gained 0.44% over the past month, lagging the Basic Materials sector's gain of 2.46% and the S&P 500's gain of 3.97%.Analysts and investors alike will be keeping a close eye ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum i ...

Core Viewpoint - MP Materials Corp. has entered into a public-private partnership with the U.S. Department of Defense to develop a domestic rare earth magnet supply chain, leading to a significant surge in its stock price by 50.6% in the last trading session [1]. Group 1: Partnership and Manufacturing Capacity - The partnership involves the construction of the 10X Facility, which will be the second domestic magnet manufacturing facility, expected to begin commissioning in 2028 [2]. - This facility will increase MP Materials' total U.S. rare earth magnet manufacturing capacity to an estimated 10,000 metric tons, serving both defense and commercial sectors [2]. Group 2: Financial Commitments and Market Protection - Under the 10-year agreement, the DoD has established a price floor commitment of $110 per kilogram for MP Materials' products, providing a safeguard against market volatility [3]. - The DoD has committed to purchasing 100% of the magnets produced at the 10X Facility for a duration of 10 years, ensuring a stable revenue stream for the company [3]. Group 3: Earnings Expectations - MP Materials is expected to report a quarterly loss of $0.16 per share, reflecting a year-over-year change of +5.9%, with revenues projected at $43.09 million, up 37.9% from the previous year [4]. - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may be influenced by trends in earnings estimate revisions [5]. Group 4: Industry Context - MP Materials is part of the Zacks Mining - Miscellaneous industry, which includes other companies like Teck Resources Ltd, currently holding a Zacks Rank of 3 (Hold) [6]. - Teck Resources has seen a -3.9% change in its consensus EPS estimate over the past month, indicating potential challenges within the same industry [7].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1][2] Company Overview: HudBay Minerals (HBM) - HudBay Minerals currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [4] Performance Metrics - Over the past week, HBM shares increased by 2.56%, outperforming the Zacks Mining - Miscellaneous industry, which rose by 1.58% [6] - In the last month, HBM's price change was 13.32%, significantly higher than the industry's 0.48% [6] - Over the past quarter, HBM shares have risen by 54.47%, while the S&P 500 increased by 25.34% [7] - Year-to-date, HBM shares are up 17.6%, compared to the S&P 500's 13.06% [7] Trading Volume - HBM's average 20-day trading volume is 7,844,230 shares, indicating strong market interest [8] Earnings Outlook - In the last two months, 9 earnings estimates for HBM have been revised upwards, while only 1 was revised downwards, boosting the consensus estimate from $0.52 to $0.69 [10] - For the next fiscal year, 7 estimates have increased, with only 1 downward revision [10] Conclusion - Given the strong performance metrics and positive earnings outlook, HBM is positioned as a promising investment opportunity with a Momentum Score of A [12]

Company Performance - Lithium Americas Corp. (LAC) experienced a decline of 1.88% to $2.61, underperforming the S&P 500, which fell by 0.79% [1] - Prior to the recent trading session, LAC shares had decreased by 1.48%, lagging behind the Basic Materials sector's gain of 4.52% and the S&P 500's gain of 5.22% [1] Earnings Forecast - The upcoming earnings disclosure for Lithium Americas Corp. is anticipated to show an EPS of -$0.04, reflecting a 20% growth compared to the same quarter last year [2] - For the annual period, Zacks Consensus Estimates predict earnings of -$0.18 per share and revenue of $0 million, indicating changes of +14.29% and 0% respectively from the previous year [2] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Lithium Americas Corp. should be monitored, as these adjustments often reflect changes in short-term business dynamics [3] - Upward revisions in estimates suggest analysts' positive outlook on the company's operations and profit generation capabilities [3] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong historical performance, with 1 ranked stocks yielding an average annual return of +25% since 1988 [5] - Currently, Lithium Americas Corp. holds a Zacks Rank of 3 (Hold), with the consensus EPS projection having increased by 0.6% in the past 30 days [5] Industry Context - The Mining - Miscellaneous industry, which includes Lithium Americas Corp., is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 157, placing it in the bottom 37% of over 250 industries [6] - The performance of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [6]

Core Insights - Value investing remains a preferred strategy for identifying strong stocks across various market conditions, focusing on undervalued stocks for potential profits [2][3] - HudBay Minerals (HBM) is highlighted as a strong investment opportunity, currently holding a Zacks Rank of 1 (Strong Buy) and a Value grade of A [3] - Silvercorp Metals (SVM) is also noted as a viable investment, with a Zacks Rank of 2 (Buy) and a Value Score of A [6] Company Metrics - HudBay Minerals has a PEG ratio of 0.30, which is lower than the industry average of 0.38, indicating potential undervaluation [4] - HBM's PEG ratio has fluctuated between a high of 0.48 and a low of 0.22 over the past year, with a median of 0.27 [4] - The P/S ratio for HudBay Minerals is 2.07, significantly lower than the industry average of 3.45, suggesting better performance relative to sales [5] - Silvercorp Metals has a P/B ratio of 1.17, compared to the industry's price-to-book ratio of 10.18, further indicating its undervaluation [6] Investment Outlook - Both HudBay Minerals and Silvercorp Metals are positioned as strong value stocks, supported by their earnings outlook and valuation metrics [7]

Group 1 - Perimeter Solutions, SA (PRM) is a notable stock in the Basic Materials sector, currently outperforming its peers with a year-to-date return of 19.5% compared to the sector average of 13.7% [1][4] - The Zacks Rank for Perimeter Solutions, SA is 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past 90 days, the Zacks Consensus Estimate for PRM's full-year earnings has increased by 67.6%, reflecting improved analyst sentiment [4] Group 2 - Perimeter Solutions, SA is part of the Chemical - Specialty industry, which includes 37 companies and has an average year-to-date gain of 6.5%, further highlighting PRM's strong performance [6] - Silvercorp (SVM), another stock in the Basic Materials sector, has returned 54.7% year-to-date and has a Zacks Rank of 2 (Buy) [5] - The Mining - Miscellaneous industry, to which Silvercorp belongs, has an average year-to-date return of 15.5% [6]