MEOH - メタネックス （Methanex Corporation）

Methanex Corp.''s EPS slid nearly 50% YoY in Q1 2023, but the company remains a hold due to potential value from the G3 project. Read my analysis of MEOH stock.

https://www.investing.com/news/pro/methanex-corp-receives-investment-bank-analyst-rating-update-3096973

https://www.investing.com/news/pro/methanex-corp-receives-investment-bank-analyst-rating-update-3068714

Methanex Corporation (NASDAQ:NASDAQ:MEOH) Q1 2023 Earnings Conference Call April 27, 2023 11:00 AM ETCompany ParticipantsSarah Herriott - Director of Investor RelationsRich Sumner -…

https://www.investing.com/news/pro/methanex-corp-receives-investment-bank-analyst-rating-update-3066699

https://www.investing.com/news/pro/methanex-pt-lowered-to-50-at-rbc-capital-432SI-2904689

Methanex boosted dividends significantly during 2022 whilst also conducting large share buybacks. Click here to read why I think the stock is a strong buy.

John Kevin/iStock via Getty Images Methanex (NASDAQ:MEOH) on Monday was upgraded to Sector Outperform from Sector Perform by analysts at Scotiabank because the methanol producer''s…

Methanex (MEOH) said Thursday John Floren, president and CEO, will retire as of Dec. 31.Floren will also step down from MEOH''s board.MEOH appointed Rich Sumner as president, CEO and boar…

Canada''s main stock index rose for a third straight session on Tuesday on gains in the financial sector, while West Fraser Timber soared to the top of the benchmark after a report on a buyout bid. The TSX leaped 296.1 points, or 1.6%, to 18,891.72. The Canadian dollar sprang up 0.53 cents to 77.56 cents U.S. Shopify shares acquired $1.35, or 3.2%, to $43.59, after it announced a partnership with Alphabet Inc''s YouTube to allow merchants to sell through the video platform. Elsewhere in individual stocks, West Fraser Timber jumped $19.18, or 17.8%, to $127.12, after Reuters reported that private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest to acquire the Canadian lumber company. In financials, Canaccord picked up 33 cents, or 3.9%, to $8.83, while goeasy Ltd. Jumped $3.30, or 3.3%, to $104.61. In materials, Canfor Corp. hiked $1.41, or 5.8%, to $25.89, while Methanex gathered $1.78, or 3.7%, to $50.30. In consumer discretionary issues, Magna International jumped $3.97, or 5.4%, to $77.54, while Spin Master popped $1.71, or 3.9%, to $45.86.

Methanex Corp. (MEOH) shares closed this week 20.8% lower than it did at the end of last week. The stock is currently up 6.2% year-to-date, up 19.4% over the past 12 months, and up 13.3% over the past five years. This week, the Dow Jones Industrial Average fell 7.2%, and the S&P 500 fell 8.7%. Trading Activity Shares traded as high as $52.67 and as low as $41.31 this week.Shares closed 29.4% below its 52-week high and 36.6% above its 52-week low.Trading volume this week was 46.7% higher than the 10-day average and 88.8% higher than the 30-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Materials industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -144.4% The company's stock price performance over the past 12 months beats the peer average by -266.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved an amendment to its existing Normal Course Issuer Bid originally announced on September 16, 2021 (the “Bid”) which increases the number of common shares (“Shares”) that may be purchased under the Bid from 3,810,464 to 6,094,171, representing 10 percent of the public float at the time of the announcement of the Bid, and the maximum number of common shares that may be purchased under the Bid.

Dynacor Gold Mines Inc. (T.DNG) hit a new 52-week high of $3.39 Thursday. Dynacor announced its monthly dividend. The declaration of a dividend payment of $0.0083 per common share will be payable on April 19, to shareholders of record as of the close of business on April 8. This dividend represents the (25th dividend and 15th monthly payment made to shareholders. Nutrien Ltd. (T.NTR) hit a new 52-week high of $134.42 Thursday. The company has greatly improved operating cash flow ($3.89 billion) and total cash on the balance sheet ($499 million). Recently, it also posted incredible YoY quarterly revenue growth of 83.60%. Amarillo Gold Corporation (V.AGC) hit a new 52-week high of 43 cents Thursday. No news stories today. Alvopetro Energy Ltd. (V.ALV) hit a new 52-week high of $5.43 Thursday. No news stories today. ARC Resources Ltd. (T.ARX) hit a new 52-week high of $16.75 Thursday. No news stories today. Brookfield Infrastructure Partners L.P. (T.BIP.UN) hit a new 52-week high of $79.24 Thursday.

Freeman Gold Corp. (V.FMAN) hit a new 52-week high of 49.5 cents Tuesday. Freeman Gold reports a new gold-silver discovery at the Beauty Zone, located approximately 600 metres west of the Company''s Lemhi Gold Deposit in eastern Idaho. The Beauty Zone lies wholly within Freeman''s patented mining claims and is defined by a 350-metre-by-250-metre coincidental gold in rock and soil anomaly. During Q4 2021, the first ever drilling at the Beauty Zone was designed as a fan of three diamond drill holes from one setup totaling 328 metres Drill hole FG21-003C intersected the highest-grade gold mineralization ever drilled by Freeman. Alvopetro Energy Ltd. (V.ALV) hit a new 52-week high of $5.46 Tuesday. No news stories today. Amarillo Gold Corporation (V.AGC) hit a new 52-week high of 43 cents Tuesday. No news stories today. ARC Resources Ltd. (T.ARX) hit a new 52-week high of $16.25 Tuesday. No news stories today. Brookfield Infrastructure Partners L.P. (T.BIP.UN) hit a new 52-week high of $79.99 Tuesday.

Methanex stock was in a base, despite a slide in the market as Russia''s attack on Ukraine upends the outlook for energy and other goods.