Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” - Barron's Weekly. In a Barron's interview, Steven Wieting, strategist at Citi Wealth, noted that a growing dividend is a tangible benefit for shareholders and a hallmark of companies with strong balance sheets. "Nobody can fake a dividend," he said.
The average of price targets set by Wall Street analysts indicates a potential upside of 32.4% in First Majestic (AG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here is how First Majestic Silver (AG) and Mosaic (MOS) have performed compared to their sector so far this year.
AG completes the previously announced acquisition of Gatos Silver to position itself as an intermediate primary silver producer.
AG Q4 silver-equivalent production gains from sequential increases in silver and growth productions across all three operating mines.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
The Zacks Mining - Silver industry's prospects look upbeat on rising silver prices and strong demand. Stocks like PAAS, HL, AG, MAG and ASM are worth keeping tabs on.
The spot price of silver is roughly $35 per ounce, just below the highest level in over a decade. Alongside gold, which has repeatedly touched new record highs in recent months, the price of silver has skyrocketed amid geopolitical turmoil around the world and uncertainty regarding the future of American politics.
TCS, AG and SCWX have been added to the Zacks Rank #5 (Strong Sell) List on October 23, 2024.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
The near-term prospects of the Zacks Mining - Silver industry look upbeat on rising silver prices and strong demand. Stocks like FNLPF, HL, AG, MAG and VZLA are worth keeping tabs on.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.