Workflow
CMC(CMC)
icon
Search documents
CMC(CMC) - 2025 Q1 - Earnings Call Presentation
2025-01-06 15:31
Q1 FY 2025 Supplemental Slides Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws with respect to general economic conditions, key macro-economic drivers that impact our business, the effects of ongoing trade actions, the effects of continued pressure on the liquidity of our customers, potential synergies and growth provided by acquisitions and strategic investments, demand for our products, shipment volumes, metal margins, the ...
Commercial Metals (CMC) Q1 Earnings Meet Estimates
ZACKS· 2025-01-06 14:10
Commercial Metals (CMC) came out with quarterly earnings of $0.78 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.63 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this manufacturer and recycler of steel and metal products would post earnings of $0.91 per share when it actually produced earnings of $0.90, delivering a surprise of -1.10%.Over the last four quarters, the company has surpassed consensus EPS esti ...
CMC(CMC) - 2025 Q1 - Quarterly Results
2025-01-06 12:44
Exhibit No. 99.1 News Release CMC REPORTS FIRST QUARTER FISCAL 2025 RESULTS Irving, TX - January 6, 2025 - Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal first quarter ended November 30, 2024. First quarter net loss was ($175.7) million, or ($1.54) per diluted share, on net sales of $1.9 billion, compared to prior year period net earnings of $176.3 million, or $1.49 per diluted share, on net sales of $2.0 billion. During the first quarter of fiscal 2025, the Company r ...
CMC REPORTS FIRST QUARTER FISCAL 2025 RESULTS
Prnewswire· 2025-01-06 11:45
First quarter net loss of ($175.7) million, or ($1.54) per diluted share including approximately $265.0 million litigation expense, net of estimated tax; adjusted earnings of $88.5 million, or $0.78 per diluted share Consolidated core EBITDA of $210.7 million in the first quarter; core EBITDA margin of 11.0% Late season construction activity drove year-over-year and sequential growth in North America finished steel shipment volumes; margins pressured by declines in average steel and downstream product pric ...
How To Earn $500 A Month From Commercial Metals Stock Ahead Of Q1 Earnings
Benzinga· 2024-12-26 13:29
Commercial Metals Company CMC will release earnings results for the first quarter before the opening bell on Monday, Jan. 6, 2025.Analysts expect the Irving, Texas-based company to report quarterly earnings at 82 cents per share, down from $1.63 per share in the year-ago period. Commercial Metals is expected to report quarterly revenue of $1.88 billion, compared to $2 billion a year ago, according to data from Benzinga Pro.On Dec. 12, UBS analyst Curt Woodworth downgraded Commercial Metals from Buy to Sell ...
Cielo Provides Update on Rocky Mountain Clean Fuels Transaction
Globenewswire· 2024-12-18 12:00
Core Points - Cielo Waste Solutions Corp. is acquiring an Enhanced Gas to Liquids (EGTL) facility from Rocky Mountain Clean Fuels Inc. (RMCFI) to enhance its renewable fuel production capabilities [1][2] - RMCFI has secured a C$20.8 million grant through the Alberta Petrochemicals Incentive Program (APIP), which will be part of the assets in the transaction with Cielo [4][5] - The transaction is subject to approval from the TSX Venture Exchange and is currently undergoing due diligence [2][3] Company Developments - Cielo plans to build a gasifier adjacent to the EGTL facility to support the deployment of its Enhanced Biomass to Liquids (EBTL) technology, aiming to produce Bio-Syngas and Bio-Synfuels with near net-zero carbon intensity [2][4] - The APIP grant is expected to reduce the contingent nature of funding for the acquisition and minimize financing risks associated with the transaction [5][6] - Both companies are committed to expanding the facility and transitioning it to produce Bio-Synfuels, showcasing the flexibility of the EGTL technology in the energy transition [6]
CMC Publishes 2024 Sustainability Report
Prnewswire· 2024-12-12 21:15
Core Insights - Commercial Metals Company (CMC) published its 2024 sustainability report, marking the tenth year of sustainability reporting, showcasing industry-leading environmental performance [1][2] - The report includes updates on environmental goals established in the 2019/2020 report [1] Company Overview - CMC is an innovative solutions provider focused on building a stronger, safer, and more sustainable world [2] - The company operates an extensive manufacturing network primarily in the United States and Central Europe, offering products and technologies for the global construction sector [2] - CMC's solutions cater to various construction applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission [2]
CMC Recognized as One of America's Most Responsible Companies by Newsweek for 2025
Prnewswire· 2024-12-05 21:15
IRVING, Texas, Dec. 5, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has been recognized on Newsweek's list of America's Most Responsible Companies 2025. This prestigious award is presented by Newsweek in collaboration with Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list can be viewed on Newsweek's website."We are honored to have received this award for the third consecutive year and be counted among America's most respon ...
CMC Announces New Mineral Resource Estimate for the Silver Hart Project
GlobeNewswire News Room· 2024-11-27 13:06
Core Viewpoint - CMC Metals Ltd. has announced a new Mineral Resource Estimate (MRE) for its Silver Hart Project in Yukon, Canada, indicating significant silver-lead-zinc resources that could support future mining operations [1][2]. Mineral Resource Estimate - The new MRE totals an inferred resource of 8.820 million ounces (Moz) at an average grade of 145.2 grams per tonne (g/t) silver equivalent (AgEq) from 1,889,000 tonnes of material, using a cut-off grade of 50 g/t AgEq [2]. - The MRE is compliant with the Canadian Securities Administrators' National Instrument 43-101 standards [2]. Breakdown of Resources - The resource estimate includes various zones with differing grades and tonnages: - TM Zone: 269,000 tonnes at 229.8 g/t AgEq, totaling 1.985 Moz AgEq - S Zone: 127,000 tonnes at 334.5 g/t AgEq, totaling 1.368 Moz AgEq - KL Zone: 1,026,000 tonnes at 110.9 g/t AgEq, totaling 3.659 Moz AgEq - K Zone: 265,000 tonnes at 79.8 g/t AgEq, totaling 0.680 Moz AgEq - M Zone: 202,000 tonnes at 173.6 g/t AgEq, totaling 1.128 Moz AgEq [2]. Economic and Technical Parameters - Mining cost is estimated at CAD 10.00 per tonne for all material, processing cost at CAD 25.50 per tonne of crude feed, and general and administrative (G&A) cost at CAD 5.00 per tonne of crude feed [4]. - The exchange rate is set at CAD to USD 0.75, with silver priced at USD 23.30 per ounce, lead at USD 1,892 per metric tonne, and zinc at USD 2,505 per metric tonne [4][5]. - Metallurgical recovery for all metals is estimated at 80% [5]. Development Plans - The company has a conceptual development plan for a seasonal, small-scale open pit operation, focusing on high-grade veins and mantos that are amenable to open pit mining [6]. - Plans include evaluating the use of an ore sorter to enhance ore grades, with potential processing at a nearby mill approximately 100 kilometers away [6]. - The company aims to establish partnerships with local First Nations and will begin discussions soon [6]. Exploration and Property Details - CMC Metals is actively exploring the Rancheria Silver District, which spans approximately 130 kilometers long by 50 kilometers wide, and includes the Silver Hart and Blue Heaven properties [7]. - The company has recently acquired a 100% interest in the Amy property and has optioned its Silverknife Project to Coeur Mining Inc. [7].
CMC Metals Releases Additional High Grade CRD-Style Silver-Lead-Zinc Samples, A proposed Drill Plan and Expands its Amy Property, North- Central British Columbia
GlobeNewswire News Room· 2024-11-21 12:05
VANCOUVER, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt:ZM5P)(“CMC” or the “Company”) is pleased to announce that it has identified additional high grade CRD-style silver-lead-zinc samples from trenches and a historic adit dump on its Amy Property in north-central British Columbia. Samples were collected from the 4200 level adit dump and surrounding area with grades up to 643 g/t silver, 18.76% lead, 8.3% zinc, and 9.7% manganese (see Figure 1). Overall in thre ...