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ASM named in CDP’s ‘A List’ for climate and water
Globenewswire· 2025-02-10 14:00
Core Viewpoint - ASM has achieved CDP's prestigious 'A List' ranking for both climate and water reporting, marking a significant milestone in its sustainability journey and demonstrating strong corporate sustainability leadership [1][2]. Group 1: Sustainability Achievements - ASM is one of the few companies in the semiconductor industry to receive an 'A' score in CDP's 2024 assessment, with even fewer achieving A List status for both climate and water [2]. - The company has reported to CDP for thirteen consecutive years, consistently enhancing its environmental strategy and performance [3]. - ASM reached 100% renewable electricity across its global operations in 2024, reinforcing its commitment to sustainable business practices [3]. Group 2: Environmental Impact and Goals - Inclusion in CDP's A List highlights ASM's efforts in reducing its operational carbon footprint and emphasizes its focus on meaningful climate action [4]. - ASM published a target to reach net zero by 2035, which was approved by the Science Based Targets Initiative (SBTi) in 2023, marking a first in the semiconductor industry [5]. - The Climate Transition Plan released in early 2024 outlines ASM's strategies to achieve net zero by decarbonizing products, optimizing operations, and collaborating with the value chain [5]. Group 3: Water and Resource Management - ASM is focused on achieving green standards such as LEED building certification, with its new facility in Scottsdale, Arizona, designed to reuse over 80% of the water it consumes [6]. Group 4: Leadership Statements - John Golightly, ASM VP of Sustainability, expressed pride in the recognition from CDP and emphasized the company's commitment to transparency and sustainable semiconductor manufacturing [7].
Avino Silver (ASM) Rises As Market Takes a Dip: Key Facts
ZACKS· 2025-02-08 00:16
Company Performance - Avino Silver (ASM) closed at $1.34, reflecting a +0.75% change from the previous session, outperforming the S&P 500 which lost 0.95% [1] - Over the past month, shares of Avino Silver have increased by 44.27%, significantly surpassing the Basic Materials sector's gain of 7.84% and the S&P 500's gain of 1.86% [1] Upcoming Earnings - Analysts expect Avino Silver to report earnings of $0.01 per share, indicating a year-over-year decline of 50% [2] - The consensus estimate for revenue is $17.2 million, representing a 37.27% increase compared to the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for Avino Silver reflect near-term business trends, with positive revisions indicating analyst optimism about the company's profitability [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks Avino Silver at 3 (Hold) [5] Valuation Metrics - Avino Silver has a Forward P/E ratio of 19, which is a premium compared to the industry's average Forward P/E of 18.55 [5] Industry Overview - The Mining - Silver industry is part of the Basic Materials sector and holds a Zacks Industry Rank of 11, placing it in the top 5% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
MoneyShow's Best Investment Ideas For 2025: Part 9
Seeking Alpha· 2025-02-05 15:35
Group 1 - MoneyShow is a pioneer in investor education since 1981 and operates leading investment and trading conferences globally [1] - Each conference attracts thousands of investors who participate in workshops, presentations, and seminars led by top financial experts [1] - The company offers exclusive seminars-at-sea in collaboration with leading partners in the investment industry [1] Group 2 - MoneyShow operates an award-winning multimedia online community, Moneyshow.com, which provides resources for individual investors [1] - The company publishes free Investing and Trading newsletters that give investors ongoing access to the latest investment and trading ideas from respected financial newsletter advisors [1]
ASM announces details of the Q4 2024 conference call and webcast
Globenewswire· 2025-01-22 14:00
Core Viewpoint - ASM International N.V. is set to report its fourth quarter 2024 financial results on February 25, 2025, with a subsequent earnings conference call scheduled for February 26, 2025 [1]. Company Overview - ASM International N.V. is headquartered in Almere, the Netherlands, and specializes in designing and manufacturing equipment and process solutions for semiconductor device production [3]. - The company operates facilities across the United States, Europe, and Asia, and its common stock is traded on the Euronext Amsterdam Stock Exchange under the symbol ASM [3].
ASM announces outcome of preliminary assessment new export regulations
GlobeNewswire News Room· 2024-12-04 07:00
Almere, The Netherlands December 4, 2024, 8:00 a.m. CET   ASM International N.V. (Euronext Amsterdam: ASM) today announces that based on a preliminary assessment newly issued U.S. export controls are largely in line with previous assumptions. Guidance for Q4 2024 revenue and FY 2025 revenue remains unchanged.  On December 2, 2024, the U.S. government announced updated export regulations, including new restrictions on exports of semiconductor equipment applications to China. These regulations are largely in ...
Avino Silver & Gold Mines .(ASM) - 2024 Q3 - Earnings Call Transcript
2024-11-15 01:34
Financial Data and Key Metrics Changes - The company generated $14.6 million in revenues and a quarterly record of $5.7 million in gross profit for Q3 2024, marking a 33% increase in revenues and a 142% increase in gross profit compared to the first nine months of 2023 [14][18] - Net income for the quarter was $1.2 million or $0.01 per share, with adjusted earnings at $5 million or $0.04 per share, both improved from previous quarters [15][19] - Cash flows from operating activities were $4.1 million or $0.03 per share, with cash on hand at $7.8 million, showing significant improvement from previous quarters [15][16] Business Line Data and Key Metrics Changes - Total equivalent production increased by 13% year-over-year, with silver equivalent production at 671,000 ounces, silver production at 282,000 ounces (a 19% increase), copper production at 1.8 million pounds, and gold production just over 1,600 ounces [8][9] - Mill throughput reached 157,000 tonnes, with improved unit operating costs and strong cash operating margins [10][11] Market Data and Key Metrics Changes - The company experienced higher realized metal prices across all three metals, contributing to improved financial performance [10] - The Mexican peso's weakness against the US dollar positively impacted cost structures, aiding in the reduction of cash costs per ounce [21][26] Company Strategy and Development Direction - The company aims to increase production at La Preciosa, targeting between 8 million ounces and 10 million ounces of silver equivalent by 2029 as part of its transformational growth plan [12][34] - The strategy focuses on leveraging existing assets and resources to grow organically without major capital investments, mitigating risks associated with new project development [34][35] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about maintaining strong production results and cost control while preparing for growth at La Preciosa [32][33] - The company is focused on protecting its cost structure amid currency fluctuations and is looking forward to the anticipated growth from La Preciosa [27][44] Other Important Information - The company reported a significant positive swing in free cash flow, generating $2.3 million in Q3 compared to $1.9 million used in Q3 of 2023 [18] - The effective tax rate has been elevated due to the utilization of tax losses from previous years, which is expected to stabilize [47][48] Q&A Session Summary Question: Production increase at the Avino Mine - Management indicated that production uptime and availability are expected to continue into Q4, although December may see slower activity due to holidays [37][38] Question: Sensitivity analysis on mine operating cash flow - A $1 increase in silver price is close to a dollar-for-dollar impact on mine operating cash flow, but other inputs also affect this [39][40] Question: Stockpiled material at La Preciosa - The company has processed all intended stockpiled material and is preparing for underground development [41][42] Question: Development costs for La Preciosa - Initial development costs are estimated at $3 million to $4 million, with plans to accelerate throughput as the balance sheet improves [43] Question: Hedging against peso fluctuations - The company is taking measures to protect against peso volatility, especially for 2025 budgeting [44] Question: Timeline for La Preciosa underground development - The final approval needed is from the military for the explosives storage building, with hopes to receive this before year-end [46] Question: Elevated effective tax rate - The elevated tax rate is primarily due to deferred taxes and should stabilize as tax losses are utilized [47][48] Question: Sustaining capital and cost sensitivity to peso movement - Sustaining capital is expected to increase slightly in Q4, with costs being sensitive to peso fluctuations due to the majority of expenses being in pesos [49][50]
ASM Q3 Earnings Beat Estimates, Revenues Rise Y/Y on Higher Prices
ZACKS· 2024-11-14 17:00
Avino Silver & Gold Mines Ltd. (ASM) reported earnings per share of 4 cents for third-quarter 2024, which beat the Zacks Consensus Estimate for earnings of 2 cents. ASM had reported earnings of 1 cent in the third quarter of 2023. The solid improvement in earnings was aided by higher metal prices and lower costs.Including one-time items, the company reported earnings per share of 1 cent against the loss of 1 cent per share incurred in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zac ...
Is Avino Silver (ASM) Outperforming Other Basic Materials Stocks This Year?
ZACKS· 2024-11-14 15:45
Group 1 - Avino Silver (ASM) is currently ranked 13 in the Zacks Sector Rank among 235 companies in the Basic Materials group [2] - The Zacks Rank for Avino Silver is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for ASM's full-year earnings has increased by 12.5% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - Year-to-date, Avino Silver has returned approximately 109.9%, significantly outperforming the average return of -4.3% for Basic Materials companies [4] - Avino Silver belongs to the Mining - Silver industry, which is ranked 48 in the Zacks Industry Rank, with an average gain of 27.4% this year [6] - Another outperforming stock in the Basic Materials sector is Triple Flag Precious Metals (TFPM), which has returned 21.5% year-to-date and has a Zacks Rank of 2 (Buy) [5][6]
Avino Silver (ASM) Surpasses Q3 Earnings Estimates
ZACKS· 2024-11-13 00:36
Group 1 - Avino Silver reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, representing a 100% earnings surprise compared to $0.01 per share a year ago [1] - The company posted revenues of $14.62 million for the quarter ended September 2024, which was 1.24% below the Zacks Consensus Estimate, but an increase from $12.32 million year-over-year [2] - Avino Silver has surpassed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates three times during the same period [2] Group 2 - The stock has gained approximately 104.2% since the beginning of the year, significantly outperforming the S&P 500's gain of 25.8% [3] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $16.4 million, and for the current fiscal year, it is $0.05 on revenues of $60.15 million [7] - The Mining - Silver industry is currently ranked in the top 9% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]
ASM informs the market about ASMPT ceasing possible privatization talks
GlobeNewswire News Room· 2024-11-12 17:00
Core Viewpoint - ASM International N.V. announced that ASMPT, in which it holds approximately 25% of shares, has ceased discussions regarding a potential privatization [1][2]. Group 1: Company Information - ASMPT Ltd. received a preliminary non-binding approach from an independent third party regarding a possible privatization on October 14, 2024 [2]. - ASM International is headquartered in Almere, the Netherlands, and specializes in designing and manufacturing equipment and process solutions for semiconductor device production [2]. Group 2: Market Impact - The cessation of discussions regarding privatization may impact ASM International's strategic positioning and investment outlook in the semiconductor industry [1][2].