Gold Prices are Rising, Is Kinross Ready to Win, or at Risk?
June 6, 2025 Kinross Gold Corporation is a leading Canadian gold mining company with operations across multiple continents, including North America, Africa, and Latin America. We are going to review Kinross’s 2024 financial report. Gold prices are rising, Concerns & Hopes for Kinross: 1. Significant Driver of Revenue: Gold From 2020 to 2025, Kinross’s gold production […]
Interest Rates on the Decline: What It Means for Bank of Montreal’s Future
January 22, 2025 In 2023, the Bank of Montreal (BMO) experienced its weakest fundamental performance in the past decade. However, as we entered the 2024 fiscal year and saw a decline in interest rates, key financial indicators displayed notable recovery. For instance, the return on equity (ROE) improved significantly from 6.2% to 9.7%. Additionally, earnings […]
MARA’s Optimism and Patience Rewarded!
December 18, 2024 The previous analysis explored Marathon Digital Holdings Inc.’s long-term vision as a leading Bitcoin miner, emphasizing their commitment to invest more, mine more, and hold the most Bitcoin. Now, with the price reaching $107,000, it appears their strategy was sound. As of September 30, Marathon held a Bitcoin balance of 26,767 BTC. […]
MARA, Insist on an optimistic view of Bitcoin’s future
Fundamental analysis of the 2nd quarter of 2024 financial report Introduction: Marathon Digital Holdings Inc. (MARA) is an American-based company and is a global leader in digital asset computing especially in Bitcoin mining. From 2021, MARA’s owners have insisted on an optimistic and long-term vision of Bitcoin. Regardless of the negative margins in some periods […]
Royal Bank of Canada, the interest rates challenge, A fundamental analysis of the 2023 financial report
Introduction: The essential nature of the banking industry is having long-term assets versus short-term liabilities. In a situation of economic prosperity and stability in which the long-term values dominate the short-term ones and everyone looks at the distant but attainable horizons of profitability, the banking industry is happy and would be the winner sector. When […]
Laurentian Bank of Canada, Assets allocation challenge
A. Introduction Generally, banks receive money from depositors (at a lower interest rate) and lend it to borrowers (at a higher interest rate). There are always the people who have extra money to invest in the short-term from one side and on the other, the ones who need these money. Banks as a mediator do […]
Toronto-Dominion Bank of Canada, the cash flow challenge
A. Introduction From 2018, this is the first time that the net cash flow from the operating activities has become negative in TD Bank. In such conditions, banks have two options to compensate for the deficit: financing through issuing new shares, bonds, and other capital instruments, or liquidating some of the invested money, technically speaking, […]
Kinross, hoping for the gold price to rise
Financial statements highlight based on Jolan’s analyzing method Gold is the main source of the Kinross income. It is almost 96% of the revenue; the rest is silver, considered a gold by-product, and both metals are found together in nature. Kinross has gold mines worldwide: Africa, north and south America. The greatest are Tasisat in […]
Dr Copper! Lundin’s financial analysis
Financial statements highlight based on Jolan’s analyzing method Copper is the greatest product of Lundin Mining Corporation. In 2023, $2,399 million of the company revenue came from copper, about 71%. This is probably why Lundin continues to acquire copper mines in Chile which has the world’s largest copper reserves. In 2023 they completed the acquisition […]
Shopify, fundamental analysis of the 2023 annual report
Macroeconomic conditions of e-commerce platforms: “The global B2C e-commerce market size was valued at USD 5,473 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 19.1% from 2024 to 2030” (Grandviewresearch.com). The e-commerce industry boomed internationally at the time of the Covid-19 pandemic and in the recent years, […]