Breakwater Resources (BWR.TO) Buy, Sell or Hold

Breakwater Resources (BWR.TO)

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

0.00

-0.00 (0.00%)

17 watching

HOLD

Like other metal stocks, it is taking a pause here. If you are a trader, the best time to own metal stocks would be the 1st quarter and, even more so, the 4th quarter.

BUY

Currently, the stock is still riding above its 200 day moving average. Probably $1.75-$1.80 would be a great place to get in. It is very likely to be going higher.

TOP PICK

A pure play on zinc. Have grown production year-over-year by about 30%. Good management. Almost no debt. Valuation is about 2.5 X cash flow, about half that of its peer group.

BUY

Likes zinc. Newly reported results where ahead of expectations. Targets of $2.50-$2.75 are in the high end of the range. $2.35-$2.40 will be more realistic.

BUY

Has been ignored, possibly as an overhang when zinc prices were very low. Have 3 operating mines and a host of exploration targets. Believes that more things are going to start happening. Very cheap.

BUY

Resource stocks in general are in favour and are what is moving this market. 200 day moving average is below the stock and is doing well. Had one leg, a bit of correction, and now on another leg. Watch that it doesn't drop below the $1.35 level.

BUY

Zinc producer. Thinks the zinc market will be in deficit again in 2007, so the outlook is not bad.

DON'T BUY

Great leverage to the zinc price, but he is not as bullish on zinc. Have higher costs than some of the senior companies. Zinc inventories are starting to bump up on the London Metals Exchange.

COMMENT

There is a positive technical structure developing in the short run. It had formed a base last year and broke out in October. Now coming back to test support and it is important that the support holds. Next couple of weeks will be pretty critical.

DON'T BUY

A good leveraged play on zinc pricing and if you like zinc, it's probably a good place to go. He is cautious on metal pricing so he wouldn't own.

WEAK BUY

Nickel and zinc are tightest metals and as long as the world keeps chugging along like it is, it’s a good play. Making a lot of money, so they have the ability to remake this company. Prefers Iberian Minerals (IZN-X).

HOLD

Showing a clear uptrend. At the top of the trend channel now. Had an uptrend to April/May and then a sideways corrective period followed by a new advance. Expect it will continue.

BUY

Have excellent exploration abilities. Next year's production level is going to be increasing by about 50%. Could be a takeover target.

COMMENT

Historically, the higher costs and higher operating margins zinc play left in Canada. Making a huge amount of money. Expect they will be an acquirer rather than being acquired.

WEAK BUY

Prefers HudBay Minerals (HBM-T) for a zinc play. The smaller producers, if they got a decent mine and are producing the stuff for a profit, fine.

Showing 91 to 105 of 165 entries

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Gordon Reid

GoodReid Investment Counsel

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Breakwater Resources (BWR.TO)