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Monday s analyst upgrades and downgrades - The Globe and Mail

Monday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

CANADA STOCKS-TSX rises as materials, energy boost

By Reuters Staff 2 Min Read May 10 (Reuters) - Canada’s main stock index rose on Monday, as heavyweight energy and material stocks climbed 1% boosted by higher commodity prices. Gold prices gained as the tepid U.S. jobs number last week cemented expectations that interest rates will remain low for some time, denting the dollar and boosting non-yielding metal’s appeal. The materials sector, which includes precious and base metals miners and fertilizer companies, added nearly 1%. The energy sector also rose 1% as oil prices gained after a cyberattack forced the shutdown of major fuel pipelines in the United States and raised concerns about supply disruption, outweighing rising coronavirus cases in Asia.

Franco-Nevada (FNV) Earnings Beat Estimates in Q1, View Up

Franco-Nevada (FNV) Earnings Beat Estimates in Q1, View Up Zacks.com 7 hrs ago Franco-Nevada Corporation FNV reported adjusted earnings of 84 cents per share in first-quarter 2021, up 47% from the prior-year quarter. Additionally, the bottom line surpassed the Zacks Consensus Estimate of 79 cents. Popular Searches The company generated revenues of $309 million in the reported quarter, reflecting year-over-year growth of 28%. The top-line figure, however, missed the Zacks Consensus Estimate of $313 million. In the March-end quarter, 85.4% of revenues were sourced from gold and gold equivalents (61.6% gold, 15.4% silver, 6.3% platinum group metals and 2.1% from other mining assets). The company sold 149,575 Gold Equivalent Ounces (GEOs) in the reported quarter, up from the prior-year quarter’s 134,941 GEOs. Higher contributions from the Hemlo, Cobre Panama, Antapaccay and Antamina mines were partly offset by lower contributions from Sudbury and Guadalupe-Palmarejo.

Monday s analyst upgrades and downgrades - The Globe and Mail

Monday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Wednesday s analyst upgrades and downgrades - The Globe and Mail

Wednesday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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