The stock of Horsehead Holding (ZINC), a producer and seller of zinc and nickel based products and the leading supplier of zinc in North America, has been in a steady uptrend since 2011. Horsehead's market cap is approximately $545 million and the stock could have at least 35% upside left. This article will focus on the medium-term positive catalysts for the stock.
Apart from producing specialty zinc and zinc-based products, Horsehead also owns and operates a 110 megawatt coal-fired power plant. The company is proceeding on schedule with construction of a new, $450 million zinc processing plant in Forest City, North Carolina. Production in the plant is expected to start in the fourth quarter of 2013. Equipment installation...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|