There are several economic indicators that impact stocks, both on the ASX and internationally. Whenever data is released, it can swing market indices in a particular direction, sometimes the opposite direction to where it had been heading earlier in the day. This is not only if the data changes from one period to another, but…
Coal Stocks
With the start of a new financial year, here are our best ASX Resources Stocks for FY25!
The 4 best ASX Resources Stocks for FY25
Metals Acquisition (ASX:MAC)
Let's start our list of best resources stocks with a copper miner – Metals Acquisition. This company is not just any copper miner, but one that owns one…
Whitehaven Coal (ASX:WHC) shares are off their all time highs, but still exponentially ahead of their early 2020 lows. We can understand why it has re-rated, because coal prices have and Whitehaven has such high quality assets.
The company, traditionally a specialist in thermal coal, is doubling down and is making a big move into new…
It has been 2 weeks since the transaction of the Daunia and Blackwater metallurgical coal mines between BHP (ASX:BHP) and Whitehaven Coal (ASX:WHC) has been completed. As the dust settles on these deals, we ask if this deal will pay off in the long-term.
Blackwater and Daunia
Blackwater and Daunia were two metallurgical coal mines that…
Friday 18 December 2020
If there’s an area of the market that was definitely for the contrarians in the middle of 2020, it had to be the coal miners. Not only had coal become politically incorrect, but prices for this commodity were lousy. Coal is still unmentionable in certain influential circles. But prices are no longer…
