Workflow
Barnes (B)
icon
Search documents
Barrick Mining vs. Newmont: Which Gold Giant Is the Better Bet Now?
ZACKS· 2025-07-23 12:26
Core Insights - Barrick Mining Corporation and Newmont Corporation are two leading gold mining companies with extensive global operations and diversified portfolios, making them relevant for investors in the precious metals sector [1] - Gold prices have reached record highs, driven by global economic uncertainties and increased central bank reserves, with prices currently above $3,400 per ounce and up over 30% year-to-date [2] Barrick Mining Corporation - Barrick has made a strong recovery in 2025 after a challenging 2024, benefiting from rising gold prices and advancing key growth projects [4][5] - Major projects include Goldrush, Fourmile, and Reko Diq, which are expected to significantly enhance production capacity [6][8] - Barrick's liquidity position is robust, with cash and cash equivalents around $4.1 billion and operating cash flows of approximately $1.2 billion in Q1 2025, reflecting a 59% year-over-year increase [8][9] - The company returned $1.2 billion to shareholders in 2024 and has a new share repurchase program authorized for up to $1 billion [9][10] - Barrick's stock has increased by 40.3% year-to-date, with a projected EPS growth of 54.8% [10][16] Newmont Corporation - Newmont is strategically investing in growth projects such as Tanami Expansion 2 and Ahafo North, which are expected to enhance production and profitability [12] - The acquisition of Newcrest Mining has strengthened Newmont's portfolio, generating $500 million in annual run-rate synergies [13] - Newmont has divested non-core assets, raising approximately $470 million and anticipating $3 billion in after-tax cash proceeds from its 2025 divestiture program [14][15] - The company reported liquidity of $8.8 billion, including cash and cash equivalents of around $4.7 billion, and generated a record free cash flow of $1.2 billion in Q1 2025 [15] - Newmont's stock has risen 65.8% year-to-date, with a projected EPS growth of 33.9% [10][25] Valuation and Performance Comparison - Barrick is trading at a forward 12-month earnings multiple of 9.88X, which is a 20.7% discount compared to the industry average of 12.46X [19] - Newmont's forward earnings multiple is 12.70X, indicating a premium over Barrick [21] - Both companies have a Zacks Rank 2 (Buy), but Barrick is viewed as having a more attractive valuation and higher growth projections, making it a potentially better investment option [26][27]
Barnes & Noble Education: Buy The Dip - An Overlooked Business Clearly Inflecting
Seeking Alpha· 2025-07-22 22:00
Core Insights - The company adopts a deep value investment strategy focusing on fundamental, bottom-up research to identify underfollowed and mispriced equities with potential for significant returns [1] - The primary focus is on small- and mid-cap companies where limited analyst coverage or misunderstood fundamentals create investment opportunities [1] - Key investment criteria include balance sheet quality, margin of safety, capital allocation, and identifiable catalysts for value realization [1] - The company engages directly with management teams when appropriate and maintains a long-term investment horizon [1] Analyst's Position - The analyst has a beneficial long position in the shares of IMMR and BNED through stock ownership, options, or other derivatives [2] - The article reflects the analyst's own opinions and is not influenced by compensation from any company mentioned [2] Disclosure and Transparency - The company emphasizes transparency and accountability as core components of its investment philosophy [1] - It encourages thoughtful discussion and feedback from the investing community [1]
Rare Buying Opportunities: Deeply Undervalued With Big Upside Catalysts
Seeking Alpha· 2025-07-22 19:03
Group 1 - Samuel Smith has extensive experience in dividend stock research and investment, having served as lead analyst and Vice President at notable firms [1] - He is a Professional Engineer and Project Management Professional with degrees in Civil Engineering & Mathematics and a Master's in Engineering focused on applied mathematics and machine learning [1] - Samuel leads the High Yield Investor investing group, collaborating with Jussi Askola and Paul R. Drake to balance safety, growth, yield, and value in investment strategies [2] Group 2 - High Yield Investor provides real-money core, retirement, and international portfolios, along with regular trade alerts and educational content for investors [2] - The service includes an active chat room for like-minded investors to share insights and strategies [2]
Barrick to Report Second Quarter 2025 Results on August 11, 2025
GlobeNewswire News Room· 2025-07-17 11:00
TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) will release its second quarter 2025 results before markets open on Monday, August 11, 2025 at approximately 6:00 AM EDT. President and CEO Mark Bristow will host a webcast to discuss the results at 11:00 AM EDT followed by a question-and-answer session with analysts. Q2 2025 RESULTSQ2 Results releaseAugust 11, 06:00 EDT / 10:00 UTCLive presentation and webcastAugust 11, 11:00 EDT / 15:00 UTCRegister to attend the webcas ...
B vs. TFPM: Which Stock Is the Better Value Option?
ZACKS· 2025-07-15 16:41
Core Insights - Barrick Mining (B) and Triple Flag Precious Metals (TFPM) are compared for investment value opportunities [1] - Barrick Mining has a stronger earnings estimate revision trend, reflected in its Zacks Rank of 2 (Buy), while TFPM holds a Zacks Rank of 3 (Hold) [3] Valuation Metrics - Barrick Mining has a forward P/E ratio of 11.05, significantly lower than TFPM's forward P/E of 28.62 [5] - Barrick Mining's PEG ratio is 0.34, indicating better value relative to its expected earnings growth, compared to TFPM's PEG ratio of 1.08 [5] - Barrick Mining's P/B ratio stands at 1.09, while TFPM's P/B ratio is 2.69, further highlighting Barrick's superior valuation metrics [6] Value Grades - Barrick Mining has earned a Value grade of A, whereas Triple Flag Precious Metals has a Value grade of D, indicating Barrick's stronger position in terms of value investment [6]
Can Barrick Mining's $2B Lumwana Expansion Power a New Era of Growth?
ZACKS· 2025-07-15 13:11
Core Insights - Barrick Mining Corporation is advancing a $2 billion Super Pit Expansion Project at its Lumwana mine, aiming to transform it into a Tier One copper mine, which is crucial for both its global copper portfolio and Zambia's development strategy [1][8] Group 1: Project Details - The Super Pit expansion will double the current processing circuit's throughput and significantly increase mining volumes, potentially positioning Lumwana as a top-25 copper producer [2] - The project will increase Lumwana's copper output to 240,000 tons annually, supported by a new processing plant with a capacity of 50 million tons per year [3] - Infrastructure improvements, including a new power transmission system in collaboration with ZESCO, are underway to benefit both the mine and the surrounding region [3] Group 2: Strategic Context - Barrick is entangled in a dispute with the Malian government regarding the economic benefits from its Loulo-Gounkoto gold mine complex, yet it remains on track with other high-return growth projects [4] - The disciplined strategy of Barrick could reshape its production profile over the next decade, enhancing diversification and free cash flow if executed on schedule and within budget [4] Group 3: Market Performance - Barrick's shares have increased by 37% year to date, compared to a 53% rise in the Zacks Mining – Gold industry, driven by a rally in gold prices [7] - The company is currently trading at a forward 12-month earnings multiple of 9.8, which is approximately 22.3% lower than the industry average of 12.61X [11] Group 4: Earnings Estimates - The Zacks Consensus Estimate for Barrick's earnings in 2025 and 2026 indicates a year-over-year increase of 52.4% and 23.8%, respectively, with EPS estimates trending higher over the past 60 days [12] - Current earnings estimates for the upcoming quarters and years show a positive outlook, with the current quarter estimate at $0.48 and the next year at $2.38 [13]
Will Barrick Mining (B) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-14 17:11
Core Insights - Barrick Mining has consistently beaten earnings estimates, with an average surprise of 16.44% over the last two quarters [1][5] - The company reported earnings of $0.35 per share against a consensus estimate of $0.29, resulting in a surprise of 20.69% for the last quarter [2] - Barrick Mining's positive Earnings ESP of +0.52% indicates bullish sentiment among analysts regarding future earnings [8] Earnings Performance - In the previous quarter, Barrick Mining's earnings were $0.46 per share, exceeding the expected $0.41, which led to a surprise of 12.20% [2] - The company's earnings surprise history has contributed to rising estimates, enhancing its earnings outlook [5] Earnings ESP and Zacks Rank - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of future earnings beats, with nearly 70% success rate for stocks with this profile [6][8] - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] Future Expectations - Barrick Mining's next earnings report is anticipated to be released on August 11, 2025, with expectations of continued positive performance [8]
异动盘点0714|蔚来涨超10%;高温天气影响,煤炭股走高;布鲁可解禁后继续回调;比特币创新高,相关概念股大涨
贝塔投资智库· 2025-07-14 03:59
Group 1 - Guolian Minsheng (01456) expects a net profit of RMB 1.129 billion for the first half of 2025, representing a year-on-year increase of approximately 1183% [1] - NIO-SW (09866) saw a rise of over 10% as its sub-brand, Lido, officially launched pre-sales for its new model L90, priced starting at RMB 279,900, which is competitive against similar models [1] - China CNR (01766) rose over 7% following a profit warning, with the rail transit equipment industry showing high demand and Q2 performance exceeding expectations [1] Group 2 - Coal stocks experienced a broad increase, with companies like China Qinfa (00866) and China Shenhua (01088) rising over 4%, driven by strong coal prices amid high temperatures [1] - Zijin Mining (02899) saw a rise of 1.5%, with expected net profit growth of about 54% year-on-year for the first half of the year, although short-term impacts from copper tariffs are anticipated [1] Group 3 - WanGuo Data-SW (09698) increased over 6% after its REIT completed offline inquiries with a subscription multiple of 166 times, indicating significant valuation potential [2] - Hengrui Medicine (01276) rose over 4%, reaching a new high, with expectations that its performance and business development will act as key catalysts [2] - China Shipbuilding Defense (00317) increased over 5% as the merger of two shipbuilding companies approaches completion, with Q2 performance exceeding expectations [2] Group 4 - Bitcoin-related stocks saw significant gains, with Bit Origin (BTOG.US) rising 51.72% and SharpLink Gaming (SBET.US) increasing 17.15%, driven by a surge in Bitcoin prices [3] - Gold stocks strengthened amid geopolitical tensions, with Gold ETF (GLD.US) rising 0.96% and Barrick Mining (B.US) increasing 0.71% [3] Group 5 - British Petroleum (BP.US) rose 3.55% as the company anticipates an increase in Q2 oil production and strong trading performance [7] - Huami Technology (ZEPP.US) surged over 69%, projecting a 30% revenue growth for Q2, marking its first growth in three years [7]
Why Barrick Mining (B) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-07-11 14:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside ...
Barrick Mining's $2 Billion Lumwana Super Pit Expansion on Track
ZACKS· 2025-07-11 13:06
Core Insights - Barrick Mining Corporation is advancing its $2 billion Super Pit Expansion Project at the Lumwana mine, aiming to transform it into a Tier One copper mine [1][2] - The expansion will double Lumwana's copper output to 240,000 tons annually, supported by a new processing plant with a capacity of 50 million tons per year [2][6] - Lumwana has significantly contributed to Zambia's economy, with over $4 billion generated since 2019, primarily through local procurement [3][6] - The mine is leading an environmental initiative through a REDD+ forest conservation program, covering 300,000 hectares, aimed at generating carbon credits and promoting sustainable practices [4][6] - Barrick's shares have increased by 13.7% over the past year, compared to a 33.7% rise in the industry [5] Economic Impact - Lumwana has contributed more than $4 billion to Zambia's economy through taxes, royalties, wages, and local procurement since 2019 [3] - 79% of total procurement, amounting to over $3.4 billion, has been spent with Zambian suppliers [3] - In Q1 of this year, $177 million, or 81% of procurement, was allocated to local contractors [3] Environmental Initiatives - The REDD+ program aims to conserve 300,000 hectares and generate future carbon credits while promoting sustainable livelihoods and biodiversity [4][6] - The initiative is developed in partnership with local chiefdoms and the Forestry Department [4] Industry Performance - Barrick Mining's shares have gained 13.7% over the past year, while the industry has seen a 33.7% increase [5]