Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Covestro AG, Blue Star Gold, Cytec Industries, Evolution Petroleum and more

In today’s briefing:

  • Quiddity Leaderboard-DAX Jun 23: Fresenius, Lufthansa, Covestro, Continental & Others
  • BAU: One of the Only Juniors Left in Nunavut
  • The curious case of Cyteir Therapeutics
  • Committed to Shareholder Returns

Quiddity Leaderboard-DAX Jun 23: Fresenius, Lufthansa, Covestro, Continental & Others

By Janaghan Jeyakumar, CFA

  • In this insight, we take a look at Quiddity’s estimates for the names leading the race to become ADDs/DELETEs for the DAX, MDAX, and SDAX Indices.
  • Two changes could happen between DAX and MDAX while there could be one change between MDAX and SDAX.
  • There could be more changes for the MDAX and SDAX indices as a couple name are lurking close to the border.

BAU: One of the Only Juniors Left in Nunavut

By Atrium Research

  • BAU’s flagship Ulu Gold Project in Nunavut has one of the highest-grade resources in the country at over 7.0 g/t Au
  • Both of the Company’s projects combine to control 45km of the High Lake Volcanic Greenstone Belt.
  • The Ulu Gold Project hosts an NI43-101 compliant resource of 572 Koz grading 7.02 g/t Au in the measured and indicated category and 303 Koz Au grading 7.34 g/t Au in the inferred category.

The curious case of Cyteir Therapeutics

By Generals and Workouts

  • When it comes to investing, an important skill is what poker players call game selection.
  • In the poker world, it means finding the right opponents to play against.
  • In the investing context, it’s what Charlie Munger is referring to when he says “fish where the fish are”.

Committed to Shareholder Returns

By Water Tower Research

  • Evolution is committed to a strategy of maximizing total shareholder returns through a combination of acquisitions to scale the business and returning cash to shareholders through dividends and common stock repurchases.
  • The strategy is underpinned by a conservative financial posture.
  • The board declared a quarterly dividend of $0.12/share for 3QFY23, marking the 38th consecutive quarterly cash dividend.

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