LONDON (Reuters) - Metal producers should steer clear of using forward prices to assess potential profitability of new projects or for budgeting purposes as this could lead to misleading conclusions.

The forward price-to-earnings ratio (P/E) is a valuation metric that measures and compares a company's earnings using ...

The forward market and spot market offer two distinct approaches to trading assets, differing by timing, risk and pricing structure. In a spot market, transactions are settled “on the spot,” meaning ...