Jefferies reviewed valuations of five precious metals miners in Europe, Middle East, and Africa, highlighting Endeavour Mining as having the most upside potential. They rate Endeavour as a 'buy' due to its attractive valuation at 4.4 times next year's enterprise value to EBITDA and expected benefits from high-margin production at Assafou and Sabodala underground mines. This is expected to help close the valuation gap to historical levels within 12 months. Other miners like Hochschild and Pan African Resources also saw strong share gains, while Fresnillo and Valterra Platinum lagged behind with more cautious outlooks.
Since 2022, the amount of credit card debt that is 90 days overdue has almost doubled, indicating growing financial stress among borrowers. However, the rate of new delinquencies has not increased, suggesting that while existing overdue balances are ...
The US government transferred about 0.0048 BTC, worth roughly $377, seized from Alameda Research accounts on Binance.US around three years ago. This small movement follows larger transfers of seized assets related to Alameda and FTX earlier this year...
Realty Income remains a Strong Buy due to its solid execution, upgraded guidance, and strategic capital moves despite rising interest rates. The company’s $6 billion joint venture in data centers and increased investment guidance to $10 billion posit...
Alphabet Inc. has been downgraded from a strong buy to a buy rating following a 64% increase in its stock price. The company continues to show strong growth driven by AI-powered revenue acceleration, margin expansion, and new hardware sales, particul...
Zoom Communications has been upgraded to a buy rating following recent underperformance that has eased valuation concerns. Despite modest 4.9% year-over-year revenue growth, Zoom shows operational strength with a strong cash position and a 24.6% GAAP...
