WEGRY The Weir Group PLC ADR Loading... : Bullish and Bearish Analyst Opinions

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12:05
Mar 04
Jon Stanton CEO, The Weir Group Bloomberg Markets
Weir Group CEO states demand for Copper and Gold is "really, really strong" driven by "national critical mineral security" and defense needs, not just Net Zero. The geopolitical instability (Iran war) accelerates the trend of "Onshoring" and "Resource Security." Governments are removing regulatory hurdles for new mines. This benefits the miners (FCX) and the "picks and shovels" engineering firms (WEICY, CAT) supplying the expansion. LONG Mining Services & Critical Mineral Producers. Global recession crushing industrial demand for base metals.

About WEGRY Analyst Coverage

Buzzberg tracks WEGRY (The Weir Group PLC ADR) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade idea tracked. Latest voices: Jon Stanton.