Yes, I know. You might jump on a grenade. But there is a little light at the end of the tunnel. Iron Ore miners get high Zacks Industry Rank marks this week, after a spate of earnings estimate upgrades. What’s the catch to that? There are only 5 companies in the industry. And the earnings estimates are going from losing money over the next year to making nothing.
Having written that, both agreement and magnitude in recent Zacks Rank earnings estimates turned POSITIVE for Iron Ore stocks. There are recently upgraded Zacks #2 Rank Iron Ore stocks to tell you about.
However, the rest of the mining sector, taken in total, is not looking so hot. The idea early investors have (those that are bullish) is that once oil prices turn around, and China turns around -- you get in on this beaten down sector.
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 VALE SA (VALE): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report FORTESCUE METAL (FSUGY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
Vale Inco est une société de production minière de nickel et de cuivre basée au Bresil.
Vale Inco est productrice de nickel, de cuivre, d'or, de palladium et de platine au Canada, et détient divers projets d'exploration au Bresil, au Canada, au Perou, en Australie, en Indonesie, en Nouvelle-Caledonie et en Turquie.
Ses principaux projets en production sont MCCREEDY WEST MINE et VICTORIA - INCO au Canada et ses principaux projets en exploration sont EAGLE CREEK, MEL PROJECT, B20, SHEBANDOWAN - BAND-ORE et GARSON MINE au Canada et BIG FOUR HERON - GOONGARRIE, GOONGARRIE HILL - GOONGARRIE, GOONGARRIE SOUTH - GOONGARRIE, HIGHWAY - GOONGARRIE, SCOTIA - GOONGARRIE, BORDER DOWNS et TOBY PROPERTY en Australie.