Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Alamos Gold Inc. is a Canadian-based gold producer operating three mines in North America. The Company explores and produces gold from mines. Alamos Gold operates portfolio of development stage projects in Canada, Mexico, Turkey, and the United States.

<ul><li>Alamos Gold Inc. reported a robust first quarter of 2024, showcasing a mixture of operational excellence and strategic acquisitions that positioned the company for significant growth and enhanced value creation.</li><li>The quarter was highlighted by a strong operational performance with a total production of 135,700 ounces of gold, surpassing the company's quarterly guidance.</li><li>This was primarily driven by record production from the La Yaqui Grande mine.</li></ul>

Alamos Gold Inc. reported a robust first quarter of 2024, showcasing a mixture of operational excellence and strategic acquisitions that positioned the company for significant growth and enhanced value creation.The quarter was highlighted by a strong operational performance with a total production of 135,700 ounces of gold, surpassing the company's quarterly guidance.This was primarily driven by record production from the La Yaqui Grande mine.

Alamos Gold Inc.: Expansion and Optimization of Magino Mill As A Key Growth Lever! - Major Drivers

External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

VanEck Vectors Junior Gold Miners ETF / Equity Bottom-Up

VanEck Vectors Junior Gold Miners ETF is an exchange traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Junior Gold Miners Index. The Fund will normally invest at least 80% of its total assets in securities that comprise the Fund's benchmark index.

VanEck Vectors Junior Gold Miners ETF (GDXJ US)

<ul><li>Gold currently trades at a historic 50% discount to its long-term value</li><li>Gold miners are trading at a 30-60% discount to gold, presenting an investment opportunity</li><li>Investing in GDXJ and a basket of gold miners can potentially yield high returns due to the supply dynamics of gold</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Gold currently trades at a historic 50% discount to its long-term valueGold miners are trading at a 30-60% discount to gold, presenting an investment opportunityInvesting in GDXJ and a basket of gold miners can potentially yield high returns due to the supply dynamics of goldThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Van Eck Junior Gold Miners Etf (Gdxj) - Friday, Apr 12, 2024

Breaking Down the Mining News of the Day, Money of Mine

Money of Mine

Breaking Down the Mining News of the Day

An ex-underground miner, an ex-investment banker, and an ex-equity research guy breaking down the mining news of the day. It's a bit of entertainment, information, and occasionally some alpha.

Commodities

Gold is a chemical element with the symbol Au (from Latin: aurum) and the atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

<ul><li>WA gold explorers and developers are struggling in the market compared to producers</li><li>Value gap between explorers/developers and producers has widened, with little progress in projects</li><li>Cash balances are dwindling for many companies, raising questions for investors about the incentive to fund them</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

WA gold explorers and developers are struggling in the market compared to producersValue gap between explorers/developers and producers has widened, with little progress in projectsCash balances are dwindling for many companies, raising questions for investors about the incentive to fund themThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Hot Topics in Global Metals & Mining Each Week, BMO Equity Research Metal Matters

BMO Equity Research Metal Matters

Hot Topics in Global Metals & Mining Each Week

Featuring Colin Hamilton, Commodities analyst at BMO Capital Markets, Metal Matters discusses the hot topics in Global Metals & Mining each week.

Platinum is a chemical element with symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, gray-white transition metal. Its name is derived from the Spanish term platina, which is literally translated into "little silver". Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.

<ul><li>Manganese ore, alumina, molybdenum, and chrome ore prices are up, while cobalt prices are down due to market surplus</li><li>Precious metals like gold are well placed and resilient, with potential for record industry profitability</li><li>Copper is still the best way to play the acceleration in global electrification, with potential opportunities in zinc and bulk commodities as well</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Manganese ore, alumina, molybdenum, and chrome ore prices are up, while cobalt prices are down due to market surplusPrecious metals like gold are well placed and resilient, with potential for record industry profitabilityCopper is still the best way to play the acceleration in global electrification, with potential opportunities in zinc and bulk commodities as wellThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Kinross Gold Corporation is involved in the exploration, development, and production of gold in countries located around the world.  The Company currently has operations in the United States, Brazil, Chile, Mauritania, Ghana and Russia.

<ul><li>Kinross Gold Corporation reported a financially robust first quarter for the year 2024, characterized by strong operational performance and strategic developmental advancements, despite the inherent challenges and complexities in the mining sector.</li><li>During this quarter, Kinross Gold produced 527,000 ounces of gold, with its key operations at Tasiast, Paracau, and La Coipa contributing significantly to the output, demonstrating cost-effective production with an All-In Sustaining Cost (ASIC) below $1,000 per ounce.</li><li>The favorable gold prices provided a financial tailwind, enhancing the company’s profitability margins.</li></ul>

Kinross Gold Corporation reported a financially robust first quarter for the year 2024, characterized by strong operational performance and strategic developmental advancements, despite the inherent challenges and complexities in the mining sector.During this quarter, Kinross Gold produced 527,000 ounces of gold, with its key operations at Tasiast, Paracau, and La Coipa contributing significantly to the output, demonstrating cost-effective production with an All-In Sustaining Cost (ASIC) below $1,000 per ounce.The favorable gold prices provided a financial tailwind, enhancing the company’s profitability margins.

Kinross Gold Corporation: A Tale Of Continued Exploration & Resource Expansion! - Major Drivers