Mining Sector Contracting
FNArena Windows (Sectors)
Introduction to FNArena Windows
FNArena Windows offers subscribers the option to investigate ASX-listed stocks against their peers. FNArena developed its own sector methodology which in our view overcomes many flaws and disadvantages connected with GICS sectors. Our system starts with three broad sector labels: COMMODITIES, FINANCIAL SERVICES and INDUSTRIALS. From here onwards subscribers can explore further through gradually narrowing branches. This is not investment advice, but simply another window on the Australian Stock Exchange to provide better insight and to assist FNArena subscribers while conducting their own market analysis.
Latest Stories
Orica has always indicated the first half would be weak, but the extent of the latest downgrade has rattled the market
Mar 02 2021
Momentum is building for Emeco Holdings which, having dealt with its debt levels, is now looking forward to new projects as it expands its mining services business
Feb 10 2021
| ASX CODE | COMPANY NAME | LAST PRICE | 52WK HIGH | 52WK LOW | P/E | CONSENSUS TARGET |
|---|---|---|---|---|---|---|
| ALQ | ALS LTD | $10.09 | $11.69 | $5.75 | 27.0 |
$10.181 |
| CDA | CODAN LIMITED | $18.12 | $18.38 | $5.35 | 36.8 |
$17.00 |
| CDD | CARDNO LIMITED | $0.74 | $0.75 | $0.20 | 15.4 |
$0.78 |
| DOW | DOWNER EDI LIMITED | $5.16 | $5.90 | $3.35 | 16.3 |
$5.992 |
| EHL | EMECO HOLDINGS LTD | $0.92 | $1.37 | $0.73 | 8.3 |
$1.31 |
| IMD | IMDEX LIMITED | $1.83 | $xx.xx | $xx.xx | xx.x | xx.xx |
| IPL | INCITEC PIVOT LIMITED | $2.80 | $xx.xx | $xx.xx | xx.x | xx.xx |
| MIN | MINERAL RESOURCES LIMITED | $45.18 | $xx.xx | $xx.xx | xx.x | xx.xx |
| MND | MONADELPHOUS GROUP LIMITED | $10.79 | $xx.xx | $xx.xx | xx.x | xx.xx |
| MSV | MITCHELL SERVICES LIMITED | $0.42 | $xx.xx | $xx.xx | xx.x | xx.xx |
| NWH | NRW HOLDINGS LIMITED | $2.00 | $xx.xx | $xx.xx | xx.x | xx.xx |
| ORI | ORICA LIMITED | $14.42 | $xx.xx | $xx.xx | xx.x | xx.xx |
| PRN | PERENTI GLOBAL LIMITED | $1.07 | $xx.xx | $xx.xx | xx.x | xx.xx |
| SVW | SEVEN GROUP HOLDINGS LIMITED | $23.21 | $xx.xx | $xx.xx | xx.x | xx.xx |
Previous Stories
Coal Outlook Still Driving Emeco
Aug 11 2020
Recent weakness in Emeco Holdings is detached from the long-term outlook for mining equipment rentals, although coal markets remain the key swing factor in FY21.
Perenti Global Supported By Metals Exploration
Jun 29 2020
Concerns over the balance sheet and work in hand at Perenti Global have dissipated, with the company’s update supporting a robust outlook.
Seven Group Stakes Out Strong Position
Jun 15 2020
Mining production has continued uninterrupted in Australia during the pandemic, underpinning a strong position and outlook for the Seven Group companies.
The Monday Report – 15 June 2020
Jun 15 2020
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Bargains For The Brave In Mining Services
May 12 2020
The New Criterion’s Tim Boreham highlights several mining services contractors, large and small, and their potential at this time.
Firm Outlook For Orica Despite Mine Closures
May 11 2020
Orica has reduced the first-half dividend pay-out ratio to 40%, amid the pandemic uncertainty, although brokers assess the second half should reflect a return to better conditions.
Increased Gold Exposure Lifts Emeco Outlook
Feb 20 2020
Emeco Holdings has lifted its gold exposure to 27% from 12% following the acquisition of Pit N Portal, which is expected to provide diversification and synergies within the workshops business.
Downer Downgrades, Again. More To Come?
Jan 24 2020
Downer EDI has warned profit will be lower in FY20 than previously assumed and brokers wonder whether this will be the last of the downgrades.
NRW Holdings Diversifies Growth Options
Dec 03 2019
BGC Contracting is highly complementary to the NRW Holdings maintenance business but, as this is the company’s largest acquisition to date, it is not without risks.
Orica Poised For Better Year Ahead
Nov 04 2019
Brokers remain comfortable with the FY20 outlook provided by Orica but suspect the share price already reflects an earnings recovery.
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| 2 |
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