Core Viewpoint - Barrick Mining Corporation has agreed to sell the Hemlo Gold Mine in Canada to Carcetti Capital Corp. for gross proceeds of up to $1.09 billion, which will enhance Barrick's balance sheet and support its commitment to return capital to shareholders [1][2]. Group 1: Transaction Details - The sale includes cash consideration of $875 million due at closing, shares valued at $50 million, and a tiered cash payment structure linked to gold prices, potentially totaling up to $165 million over five years [7][8]. - HMC, the acquiring company, is expected to graduate to the TSX Venture Exchange and is backed by experienced management and a consortium of investors focused on North American resource development [1][3]. Group 2: Strategic Implications - The sale is part of Barrick's strategy to focus on its Tier One gold and copper portfolio, with total gross proceeds from non-core asset divestments in 2025 expected to exceed $2 billion [2][3]. - Barrick remains committed to exploring and developing world-class gold and copper mines in Canada, maintaining a strong presence in the region [4]. Group 3: Future Outlook - The transaction is anticipated to close in the fourth quarter of 2025, subject to customary conditions and regulatory approvals [4]. - Barrick's ongoing focus on strengthening its balance sheet and returning capital to shareholders is emphasized as a key aspect of its capital allocation framework [2].

Core Viewpoint - Barrick Mining Corporation's shares have increased by 27.6% in the past month, primarily due to rising gold prices amid geopolitical and trade uncertainties [1][6] Performance Comparison - Barrick has outperformed the Zacks Mining – Gold industry's increase of 14.3% and the S&P 500's rise of 2.5% in the same period [2] - Competitors such as Newmont Corporation, Kinross Gold Corporation, and Agnico Eagle Mines Limited have seen gains of 10.2%, 17%, and 12.7%, respectively [2] Technical Analysis - Barrick's stock has surpassed its 50-day simple moving average (SMA) and is trading above its 200-day SMA, indicating a long-term uptrend [3][4] Growth Projects - Key growth projects, including Goldrush, Pueblo Viejo plant expansion, Fourmile, Lumwana Super Pit, and Reko Diq, are on track to enhance production [9] - The Goldrush mine aims for 400,000 ounces of annual production by 2028, while the Fourmile project is expected to yield double the grades of Goldrush [10] - The Reko Diq project in Pakistan is projected to produce 460,000 tons of copper and 520,000 ounces of gold annually by the end of 2028 [10] Financial Position - Barrick maintains a strong liquidity position with cash and cash equivalents around $4.8 billion and operating cash flows of approximately $1.3 billion, up 15% year over year [12] - The company returned $1.2 billion to shareholders in 2024 through dividends and repurchases, with a new share repurchase program authorized for up to $1 billion [12] Gold Price Dynamics - Gold prices have surged 39% this year, driven by trade tensions, expectations of a Federal Reserve rate cut, and increased central bank purchases [14] - Current gold prices have exceeded $3,600 per ton for the first time, contributing to strong profit margins for Barrick [14] Dividend and Valuation - Barrick offers a dividend yield of 2.1% with a payout ratio of 25%, indicating sustainability [15] - The stock is trading at a forward price/earnings ratio of 12.84X, which is a 15.6% discount to the industry average [20] Production Outlook - Barrick expects attributable gold production of 3.15-3.5 million ounces for 2025, a decline from 3.91 million ounces in 2024, primarily due to the suspension of operations at the Loulo-Gounkoto mine [18] - Higher production costs, with cash costs per ounce increasing by 17% and all-in-sustaining costs (AISC) rising by 12% year over year, may impact margins [16][17] Earnings Estimates - Earnings estimates for Barrick have been revised upward, with a projected year-over-year rise of 56.4% for 2025 and 21.8% for 2026 [19] Investment Case - Barrick presents a strong investment case with a solid pipeline of growth projects, healthy financials, and rising gold prices, although high costs and a downbeat production outlook warrant caution [23]

SAN DIEGO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims for investors of Barnes & Noble Education, Inc. (“Barnes & Noble”) (NYSE: BNED) over possible violations of federal securities laws. What if I purchased Barnes & Noble securities?Shareholders who suffered losses and want to determine eligibility for the potential class action or recovery of losses should follow the link:https://www.johnsonfistel.com/investigations/barnes-noble-inc/ For more information, cont ...

Core Viewpoint - The stock price of Barrick (NYSE: B) has increased from approximately $20.46 to the $25.5-26 range within a month, indicating a positive market response and potential for further growth [1]. Company Analysis - Barrick's stock was previously rated as a Strong Buy, reflecting strong investor confidence and expectations for future performance [1]. - The increase in stock price represents a significant appreciation, showcasing the company's solid long-term potential in the market [1]. Investor Insights - The analysis is provided by an individual investor with over five years of personal investing experience and a PhD in Economics, emphasizing a focus on value companies [1]. - The insights shared aim to support individual investors in making informed decisions based on thorough analysis [1].

Core Insights - Barrick Mining Corporation experienced a 3% sequential growth in gold sales volumes in Q2 2025, reaching 770,000 ounces, reversing a 22% decline from the previous quarter [1][7] - The increase in sales volumes led to an 18% rise in revenues and a 71% increase in net earnings, along with a $117 million boost in operating cash flows [2][7] - Barrick's gold production also rose by 5% sequentially to 797,000 ounces, with expectations of continued production momentum in the second half of 2025 [3][7] Sales and Production Performance - Barrick's gold sales volumes increased sequentially, contrasting with major peers like Newmont Corporation, which saw an 11% year-over-year decline in gold sales volumes [4] - Agnico Eagle Mines Limited reported a 3% year-over-year decline in gold sales volumes but achieved higher profits in the same quarter [5] Financial Metrics and Valuation - Barrick's shares have appreciated by 71.8% year-to-date, while the Zacks Mining – Gold industry has risen by 85.5% [6] - The Zacks Consensus Estimate predicts a year-over-year earnings rise of 56.4% for 2025 and 21.8% for 2026, with EPS estimates trending higher over the past 60 days [8] - Barrick is currently trading at a forward 12-month earnings multiple of 11.78, which is approximately 18% lower than the industry average of 14.37 [9]

Core Insights - Alluvial Gold Research provides detailed analysis on undervalued mining companies, focusing on those with upcoming catalysts that could enhance portfolio performance [1] Group 1 - The research ranks miners to assist investors in identifying the most undervalued opportunities [1] - Subscribers receive access to current portfolios and real-time buy/sell alerts [1] - The article emphasizes the importance of positioning in the mining sector to capitalize on potential growth [1]

Core Viewpoint - Barrick Mining Corporation and Kinross Gold Corporation are significant players in the gold mining sector, with favorable gold prices currently above $3,300 per ounce despite recent declines from April 2025 highs, making them attractive for investors seeking exposure to precious metals [1][2]. Barrick Mining Corporation - Barrick is advancing key growth projects, including Goldrush, Pueblo Viejo expansion, Fourmile, Lumwana Super Pit, and Reko Diq, which are expected to enhance production significantly [4][5]. - The Goldrush mine aims for 400,000 ounces of annual production by 2028, while the Fourmile project is anticipated to yield double the grades of Goldrush [5]. - The Reko Diq project in Pakistan is projected to produce 460,000 tons of copper and 520,000 ounces of gold annually by its second development phase, with first production expected by the end of 2028 [5]. - Barrick's Lumwana mine is undergoing a $2 billion expansion, transforming it into a vital copper asset [6]. - As of Q2 2025, Barrick's cash and cash equivalents were approximately $4.8 billion, with operating cash flows of around $1.3 billion, a 15% increase year-over-year [7]. - Barrick returned $1.2 billion to shareholders in 2024 and has a new share repurchase program authorized for up to $1 billion [7]. - The company offers a dividend yield of 1.6% with a payout ratio of 25% and a five-year annualized dividend growth rate of about 3% [8]. - However, Barrick faces challenges with rising costs, with cash costs per ounce increasing by 17% and all-in-sustaining costs (AISC) rising by 12% year-over-year in Q2 [8][9]. - For 2025, Barrick projects cash costs per ounce of $1,050-$1,130 and AISC of $1,460-$1,560, indicating potential year-over-year increases [10]. Kinross Gold Corporation - Kinross has a strong production profile with key development projects like Great Bear and Round Mountain Phase X, which are expected to enhance production and cash flow [11]. - The Tasiast and Paracatu mines are significant contributors to cash flow, with Tasiast being the lowest-cost asset and achieving record production in 2024 [12]. - Kinross ended Q2 2025 with robust liquidity of approximately $2.8 billion, including over $1.1 billion in cash [13]. - The company repaid $800 million of debt in 2024 and improved its net debt position to around $100 million by the end of Q2 2025 [14]. - Kinross offers a dividend yield of 0.6% with a payout ratio of 10% [14]. Price Performance and Valuation - Year-to-date, Barrick's stock has increased by 64.7%, while Kinross's stock has risen by 110.6%, compared to the Zacks Mining – Gold industry's increase of 72.7% [15]. - Barrick is trading at a forward 12-month earnings multiple of 11.31, representing a 16.7% discount to the industry average of 13.57 [17]. - Kinross is trading at a forward earnings multiple of 13.98, slightly above the industry average [19]. Growth Projections - The Zacks Consensus Estimate for Barrick's 2025 sales and EPS implies year-over-year growth of 19% and 54.8%, respectively [21]. - Kinross's 2025 sales and EPS estimates suggest year-over-year growth of 23.4% and 102.9%, respectively [22]. Investment Consideration - Both Barrick and Kinross are well-positioned to benefit from favorable gold prices, with strong development pipelines and solid financial health [23]. - Kinross's higher growth projections may present better investment prospects in the current market environment, with a Zacks Rank of 1 (Strong Buy) compared to Barrick's 3 (Hold) [24].

Core Viewpoint - Barrick Mining Corporation experienced a 5% increase in gold production in Q2, reaching 797,000 ounces, following a significant decline in Q1 due to operational suspensions at the Loulo-Gounkoto mine [1][8]. Production Performance - The increase in Q2 production was primarily driven by Nevada Gold Mines, which saw an 11% rise, and Pueblo Viejo, which surged 28% due to higher throughput and ongoing expansion efforts [2][8]. - The company anticipates attributable gold production for 2025 to be between 3.15 million and 3.5 million ounces, excluding Loulo-Gounkoto, with expected increases from Pueblo Viejo, Turquoise Ridge, Porgera, and Kibali [3]. Future Production Outlook - Barrick expects to maintain production momentum in the second half of the year, with 54% of 2025 production weighted in this period, peaking in Q4 [4][8]. - Consensus estimates predict production of 828,000 ounces in Q3 and 940,000 ounces in Q4, indicating a sequential increase [4]. Industry Comparison - In comparison, Newmont Corporation reported a 4% decline in Q2 gold production to 1.48 million ounces, while Agnico Eagle Mines recorded a slight decrease of 0.9% to 866,029 ounces [5][6]. - Agnico Eagle is on track to meet its 2025 production target of approximately 3.3 to 3.5 million ounces [6]. Stock Performance and Valuation - Barrick's shares have increased by 64.7% year-to-date, compared to a 72.7% rise in the Zacks Mining – Gold industry, largely driven by a rally in gold prices [7]. - The Zacks Consensus Estimate for Barrick's earnings in 2025 and 2026 suggests year-over-year increases of 54.8% and 20.9%, respectively, with EPS estimates trending higher over the past 60 days [11]. - Currently, Barrick trades at a forward 12-month earnings multiple of 11.31, which is about 16.7% lower than the industry average of 13.57 [12].

Core Viewpoint - Barnes & Noble Education, Inc. is under investigation for potential securities fraud and unlawful business practices, particularly related to the recording of digital sales costs and accounts receivable [1][3]. Group 1: Investigation Details - Pomerantz LLP is investigating claims on behalf of investors of Barnes & Noble, focusing on whether the company and its officers/directors engaged in unlawful practices [1]. - The investigation was prompted by a delay in the annual report for the fiscal year ended May 3, 2025, due to concerns over the recording of digital sales costs [3]. - Initial findings suggest that Barnes & Noble may have overstated accounts receivable by up to $23 million and expects to report at least one material weakness related to manual journal entries [3]. Group 2: Market Reaction - Following the announcement of the investigation, Barnes & Noble's stock price dropped by $2.36 per share, representing a decline of 21.02%, closing at $8.87 per share on July 21, 2025 [4].

Company Overview - Barrick Mining currently has a Momentum Style Score of B, indicating a positive outlook based on recent price trends and earnings estimate revisions [2][11] - The company holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3][11] Price Performance - Over the past week, Barrick Mining shares have increased by 9.64%, outperforming the Zacks Mining - Gold industry, which rose by 7.4% [5] - In the last month, the company's shares have risen by 11.74%, compared to the industry's 8.51% [5] - Over the past quarter, Barrick Mining shares have gained 25.87%, while the S&P 500 has only increased by 10.57% [6] - The stock has also seen a 22.84% increase over the past year, compared to the S&P 500's 21.94% [6] Trading Volume - The average 20-day trading volume for Barrick Mining is 12,677,611 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for Barrick Mining have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $1.76 to $1.97 [9] - For the next fiscal year, five estimates have also moved upwards, indicating a positive trend in earnings expectations [9]