Matériaux et mines
Les matériaux et les mines — métaux de base, potasse, uranium, produits chimiques et bois — sont cycliques selon les prix des matières premières. Le rendement du flux de trésorerie disponible à travers le cycle compte le plus, avec la position de coût, la solidité du bilan et le capital réinvesti.
Analyses dans Matériaux et mines
Interfor
One of the largest lumber producers in North America, with sawmills across Canada and the U.S. South and Pacific Northwest.
Canfor
A global forest-products company producing lumber and pulp, with operations in Canada, the U.S. South and Europe.
Winpak
A highly profitable maker of specialty packaging for perishable foods, beverages and healthcare products.
Cascades
A Quebec-based producer of packaging and tissue products with a strong recycled-fibre and sustainability orientation.
Russel Metals
One of North America's largest metals distributors and processors, connecting steel mills to thousands of industrial customers.
ERO Copper
A Brazil-focused copper producer with growing output from established mines and a recently commissioned greenfield project.
Nutrien
The world's largest potash producer and biggest ag-retailer, throwing off strong free cash flow with a low-cost mining moat and a defensive retail channel.
Teck Resources
A newly focused copper-and-zinc producer riding record copper prices after shedding its coal business, with earnings up sharply but a thin dividend.
First Quantum Minerals
A global copper producer rebuilding cash generation as it fights to restart its idled Cobre Panama mine.
Ivanhoe Mines
A high-growth copper developer whose value sits in the world-class Kamoa-Kakula complex in the DRC.
Lundin Mining
A diversified base-metals miner throwing off strong cash flow across copper, zinc and gold operations.
Cameco
One of the world's largest uranium producers, riding a structural bull market in nuclear fuel.
NexGen Energy
A pre-revenue uranium developer betting the company on its flagship Rook I project in Saskatchewan.
Capstone Copper
An Americas-focused pure-play copper producer whose Mantoverde sulfide ramp-up is finally converting years of growth capex into rising free cash flow.
Hudbay Minerals
A diversified copper-gold miner across Peru, Canada and the US whose gold byproduct credits and record cash flow are funding deleveraging and the Copper World growth option.
Methanex
The world's largest methanol producer, freshly enlarged by the OCI acquisition, riding a cyclical price recovery while carrying more debt.
CCL Industries
A globally diversified label and specialty-packaging compounder that quietly converts steady sales into roughly C$860M of annual free cash flow.
West Fraser Timber
One of North America's largest lumber and OSB producers, grinding through a brutal trough with negative annual FCF but positive quarterly operating cash flow.
Stella-Jones
North America's largest producer of pressure-treated wood utility poles and railway ties — a boring-but-essential infrastructure supplier priced like a cyclical.