Barrick Gold Corporation ($ABX): Golden Opportunity or Risky
Barrick Gold Corporation (ABX): Golden Opportunity or Risky Prospect? 🏆💰
1/10
Barrick Gold TSX:ABX has seen a solid financial performance recently. EPS for the last quarter hit C$0.42, with next quarter estimates at C$0.63. They beat estimates 75% of the time in the past year. 📈
2/10
Analysts are bullish! The average price target is C$33.57, implying a potential upside of 50.13% from the current C$22.36 price. Strong Buy ratings dominate: 10 Buy, 2 Hold. 🔍 What do analysts know that the market doesn’t?
3/10
However, ABX is facing operational challenges. A suspension in Mali due to government intervention highlights geopolitical risks in mining. 🛑 Regulatory challenges are part of the gold mining game.
4/10
Stock price check: ABX currently trades at C$23.15. That’s 20.94% below its 52-week high of C$29.28 but 21.59% above its low. What does this tell us? Room for recovery, but risks loom. 📊
5/10
Valuation time! Compared to sector peers, Barrick offers an attractive price level, especially given the 50% upside target. Analysts love undervalued plays like this, but what about the risks? 🤔
6/10
Strengths: Barrick operates across multiple countries, ensuring diversified production. That’s crucial in a volatile gold market. 🌍 Diversification is a key defensive strategy here.
7/10
Challenges: High operational costs are always a concern. Pair that with political instability, like the Mali suspension, and ABX faces a steep uphill climb. 🏔️ How much risk are you willing to take on?
8/10
Opportunities: Expansion is always on the table. With gold prices looking stable, Barrick could capitalize on new projects or mines. But timing matters in this market. ⛏️
9/10
Threats: Regulatory and political risks never sleep. Changes in mining laws or political unrest can hit Barrick hard—Mali’s situation is a prime example. Always know your risks. ⚠️
10/10
What’s your take on Barrick Gold TSX:ABX ? Will it strike gold again? Vote here! 🗳️
Buy for the long term 📈
Hold and watch growth 🔄
Too risky, avoid 🚫
Investing
Bitcoin's Bullish Momentum Holding Strong
Bitcoin has reached the $94,500 entry point outlined in the previous idea and showed a strong bullish reaction. This confirms the level as an area of interest. However, there is strong potential for price to revisit $94,500 once more, presenting a great buying opportunity for the next leg up.
As long as market conditions align, we can look for confirmations to target $126,500. Patience remains key, but the setup is developing well.
Will Bitcoin offer another perfect entry before continuing its bullish breakout?
🔗 Check the original idea:
Voltas is ready to fly in blue sky, a perfect swing trade setupHello everyone, i hope you all will be doing good in your life and your Trading as well. Today i have brought a company from a TATA Group. Stock name is Voltas and it is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment, construction equipments and textile industry.
Voltas was created 6 decades ago when Tata Sons joined hands with a swiss company Volkart Brothers. Voltas is also one of the most reputed engineering solution providers specializing in project management. The company has 5,000+ Customer sites actively managed across India
Unitary Cooling Products(UCP)
Unitary Cooling products comprises Room Air
Conditioners (RAC), Air Coolers, Air Purifiers, Water Heaters, Water Dispensers, Water Coolers, Visi Coolers, Chest Freezers, Cold Rooms & Medical Refrigeration.
As of Q1FY25, company has 21.2% market share in room Acs and 36% in window ACs . It has 30,000+ touchpoints, 330+ EBOs and 5 Experience Zones. The company sold 1 mn units in 88 days.
Market Cap
₹ 46,365 Cr.
Current Price
₹ 1,401
High / Low
₹ 1,946 / 1,013
Stock P/E
65.4
Book Value
₹ 190
Dividend Yield
0.39 %
ROCE
8.51 %
ROE
4.40 %
Face Value
₹ 1.00
Industry PE
82.8
Debt
₹ 871 Cr.
EPS
₹ 21.7
Promoter holding
30.3 %
Intrinsic Value
₹ 272
Return over 5years
15.1 %
Debt to equity
0.14
Net profit
₹ 709 Cr.
Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
Markets Meltdown - Trade War Fallout BeginsMarkets Meltdown - Trade War Fallout Begins? | SPX Market Analysis 3 Feb 2025
Ahoy there Trader! ⚓️
It’s Phil…
Markets are waking up in full meltdown mode, all thanks to weekend tariff mayhem and rising tensions throwing a wrench into global trade. SPX futures are deep in the red, but that’s not necessarily bad news if you’re positioned right!
With bear swings already paying out big and bull swings needing some management, the real question is—do we get follow-through selling, or is this just another knee-jerk overreaction?
Let's dig in!
SPX Deeper Dive Analysis:
🔥 Trade War Whiplash Hits Markets Hard
The overnight futures carnage was triggered by new tariff disruptions, retaliatory measures, and escalating trade war tensions—all set to take effect on Tuesday. The global market reaction was swift and brutal.
SPX Futures: Hit a low of -120 points before bouncing to -80 points (-1.3%).
Similar Pattern to Last Monday: Another huge gap down breaking out of last week’s range.
Bearish Follow-Through or Bullish Bounce? Watching for a continuation lower or a bounce.
💰 Trade Plan: Profits on Bear Swings, Managing the Bullish Side
Friday’s range reversal gave us an edge before the market even opened:
✅ Bear swings from Friday = Near-maximum gains at the open.
✅ Rolling the bull swing may be required—assessing once we see price action.
✅ Large gap downs = Risky entries—patience required before placing fresh trades.
⏳ Key Levels to Watch
📌 Gap Fill Potential: Do we snap back into the prior range or confirm a deeper decline?
📌 Early Flush or Fakeout Rally? Let the first 30-60 minutes set the tone before making big moves.
📌 Fast Forward Group Call Strategy: Real-time assessment of market direction at the open.
For now, the plan is patience and precision—we wait for confirmation before making the next move.
Fun Fact:
📉 The Worst Market Drop from Tariff Wars? In 1930, the Smoot-Hawley Tariff Act triggered a global trade collapse, slashing world exports by 66% and worsening the Great Depression.
Lesson Learned?
Tariffs are rarely good news for markets. Every major tariff war in history has caused volatility, market corrections, or outright crashes. Whether today’s chaos is temporary or the start of something bigger remains to be seen!
Happy trading,
Phil
Less Brain More Gain
…and may your trades be smoother than a cashmere codpiece
I'm $HIMS: Before & After All Time Highs!I'm NYSE:HIMS : Before & After
Imagine saying this pattern is forced and then watching it run for over 20% while engulfing the ATH candles!
Stop hating on other people's work!
Either be a student to those giving out free information, or don't say anything at all!
Not financial advice
EUR/USD Daily Chart Analysis For Week of Jan 31, 2025Technical Analysis and Outlook:
Following a successful retest of our Mean Resistance at 1.051, the Eurodollar has undergone a significant retracement to our Mean Support at 1.041. It is now positioned to approach the newly established Mean Support at 1.024. We anticipate that this downtrend will persist as it seeks to retest the Interim Inner Currency Dip, set at 1.020, in conjunction with Key Support at 1.024. However, this downward movement may also result in a temporary "dead-cat bounce," allowing the price action to prepare for the subsequent decline.
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What companies are you positioned in or ready to start a position in?
Let me know in the comments below!
NIKE - Have they finally bottomed?NYSE:NKE
This company has been in a steady downtrend for the last two years as they've fell behind and lost track of what got them to be NIKE!
I believe this is a solid turnaround play for 2025 and beyond.
It does not align as a buy on the trading standpoint yet until we break the diagonal trend line from July 2024. Then we could push towards a double bottom breakout!
Not financial advice