Wall Street analysts expect Commercial Metals (CMC) to post quarterly earnings of $0.30 per share in its upcoming report, which indicates a year-over-year decline of 65.9%. Revenues are expected to be $1.77 billion, down 4.1% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 16.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveal ...

Core Viewpoint - Goldgroup Mining Inc. has entered into a Non-Enforcement Agreement with Candelaria Mining Corporation to suspend enforcement proceedings related to a Loan Facility, allowing for the transfer of shares of Minera Apolo, S.A. de C.V. to Goldgroup, contingent upon certain conditions being met [1][2]. Group 1: Agreement Details - The Non-Enforcement Agreement requires CMC to deliver all issued and outstanding shares of Minera Apolo to Goldgroup, subject to the approval from the TSX Venture Exchange [2][3]. - Goldgroup will settle approximately USD $2,702,873 owed on the Loan Facility and make additional cash payments of USD $89,000, with specific timelines for these payments [5]. Group 2: Project Information - Minera Apolo is the 100% owner of the Pinos Project, a fully permitted gold project located 140 kilometers east of Zacatecas, Mexico, consisting of 30 mining concessions [3]. - The completion of the transactions is contingent upon receiving all necessary approvals, including from the TSXV [3]. Group 3: Company Overview - Goldgroup is a Canadian-based mining company that operates the Cerro Prieto heap-leach gold mine in Sonora, Mexico, led by a team with extensive expertise in mine development and corporate finance [4].

Group 1 - Commercial Metals Company (CMC) has been recognized as one of America's Greatest Workplaces for Women 2025 by Newsweek [1] - The recognition was based on interviews with over 215,000 female employees and over 2.2 million company reviews, focusing on aspects such as leadership, integrity, work-life balance, and compensation [2] - CMC's CEO, Peter R. Matt, emphasized the company's commitment to fostering a culture where women and all employees feel respected, valued, and have opportunities for growth [3] Group 2 - CMC is positioned as an innovative solutions provider in the construction sector, offering products and technologies to meet critical reinforcement needs [3] - The company operates an extensive manufacturing network primarily in the United States and Central Europe, supporting various construction applications including infrastructure and energy generation [3]

Company Overview - Commercial Metals Company (CMC) is an innovative solutions provider focused on building a stronger, safer, and more sustainable world [3] - The company operates an extensive manufacturing network primarily located in the United States and Central Europe [3] - CMC offers products and technologies that meet the critical reinforcement needs of the global construction sector [3] Upcoming Events - CMC will host a conference call on March 20, 2025, at 11:00 a.m. Eastern Time to discuss its second quarter earnings for fiscal 2025 [1] - The conference call will feature Peter Matt, President and CEO, and Paul Lawrence, Senior Vice President and CFO [1] - The teleconference will also be available via webcast for listen-only access on CMC's website [2]

Core Viewpoint - CMC Metals Ltd. has announced that its 2024 Technical Report on the Silver Hart Property in Yukon is not compliant with National Instrument 43-101 Standards of Disclosure for Mineral Projects and should not be relied upon until verified by technical reports [1]. Group 1 - The company is collaborating with MICON International Inc. to produce a compliant NI 43-101 report by the end of Q1 2025 [2]. - Kevin Brewer serves as the President, CEO, and Director of CMC Metals Ltd. [2]. Group 2 - The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of the news release [3]. - The news release contains forward-looking information regarding future work programs, geological interpretations, and potential exploration activities [3].

Core Viewpoint - Cielo Waste Solutions Corp. plans to settle an aggregate debt of $1,622,413.10 through share issuance, subject to approval from the TSX Venture Exchange [1][4]. Debt Settlement Details - The company has agreements to issue 14,480,856 shares at $0.105 each to settle $1,520,490.67 of the debt [2]. - An additional agreement will be executed with an insider to settle the remaining $101,922.43 by issuing 970,689 shares at the same price [2]. Related Party Transaction - The insider transaction is classified as a "related party transaction" under Multilateral Instrument 61-101, with exemptions from certain requirements due to the transaction's fair market value being below 25% of the company's market capitalization [3]. Approval and Hold Period - The share issuance is pending approval from the Exchange, and once approved, the shares will be subject to a four-month hold period [4]. Correction of Prior Transactions - A correction was made regarding a previous news release about shares for debt transactions, clarifying that the correct share price for settling $25,184 of debt was $0.31, not $0.32 [5]. Company Overview - Cielo is focused on renewable energy, particularly in the wood by-product-to-fuels sector, utilizing patented technologies for biomass conversion [6]. - The company holds exclusive licenses in Canada and the US for specific biomass technologies and has a diverse project portfolio [6].

Group 1 - Commercial Metals (NYSE: CMC) initially benefited from the recent U.S. election cycle but has since lost that momentum and is trading near a 52-week low [1] - The company reported a sluggish fiscal Q1, raising concerns about its future performance [1]

Core Viewpoint - Commercial Metals Company (CMC) reported a significant decline in earnings for the first quarter of fiscal 2025, with adjusted earnings per share (EPS) of 78 cents, down 47.7% from $1.49 in the prior-year quarter, aligning with Zacks Consensus Estimate [1][3]. Financial Performance - CMC's net sales for the reported quarter were $1.91 billion, a decrease of 4.7% from $2 billion in the same quarter last year, but exceeded the Zacks Consensus Estimate of $1.89 billion [4]. - The cost of goods sold was $1.6 billion, down 0.1% year-over-year, while gross profit fell 22.8% to approximately $308 million [6][7]. - Core EBITDA for the quarter was $211 million, reflecting a decline of 32.8% from the previous year [6][7]. Segment Performance - The North America Steel Group segment generated net sales of $1.52 billion, down from $1.59 billion year-over-year, with adjusted EBITDA of around $188 million compared to $267 million in the prior-year quarter [8]. - The Europe Steel Group segment reported revenues of $209 million, a 7% decrease from the previous year, with adjusted EBITDA of $25.8 million, down from $38.9 million [9][10]. - The Emerging Businesses Group segment had net sales of approximately $169 million, down from $177 million year-over-year, with adjusted EBITDA of $22.7 million compared to $30.9 million in the prior-year quarter [11]. Cash Flow and Balance Sheet - At the end of the first quarter of fiscal 2025, CMC reported cash and cash equivalents of roughly $856 million, slightly down from $858 million at the end of fiscal 2024 [12]. - Long-term debt remained flat at $1.15 billion, while cash generated from operating activities was approximately $213 million, down from $261 million in the prior-year quarter [12]. Share Repurchase and Outlook - CMC repurchased shares worth $50.4 million during the quarter, with $353.4 million remaining under the current share buyback authorization [13]. - The company anticipates a sequential decline in consolidated financial results for the second quarter of fiscal 2025, with expectations of lower adjusted EBITDA margins due to scrap cost pressures [14]. Stock Performance - CMC's shares have decreased by 2.7% over the past year, contrasting with a 31.5% decline in the industry [16].

Financial Data and Key Metrics - No specific financial data or key metrics were provided in the content [1][2][3][4][5] Business Line Data and Key Metrics - No specific business line data or key metrics were provided in the content [1][2][3][4][5] Market Data and Key Metrics - No specific market data or key metrics were provided in the content [1][2][3][4][5] Company Strategy and Industry Competition - The company discussed forward-looking statements related to economic conditions, effects of legislation, U S steel import levels, construction activity, demands for finished steel products, and the expected capabilities, benefits, and timeline for construction of new facilities [3] - The company also mentioned its strategic growth plan and future results of operations, financial measures, and capital spending [3] Management Commentary on Operating Environment and Future Outlook - The company's forward-looking statements reflect its beliefs based on current conditions but are subject to risks and uncertainties [4] - The company does not assume any obligation to update, amend, or clarify these statements except as required by law [4] Other Important Information - The company's earnings release, most recent annual report on Form 10-K, and other filings with the Securities and Exchange Commission contain additional information concerning factors that could cause actual results to differ materially from those projected in forward-looking statements [4] - Some numbers presented will be non-GAAP financial measures, and reconciliations for such numbers can be found in the company's materials [5] Q&A Session - No Q&A session details were provided in the content [1][2][3][4][5]

Financial Performance - Net sales for the three months ended November 30, 2024, decreased by $93.4 million, or 5%, to $1,909.6 million compared to the corresponding period [88]. - The company incurred a net loss of $175.7 million for the three months ended November 30, 2024, compared to net earnings of $176.3 million in the same period last year, primarily due to a $265.0 million litigation expense [89]. - Adjusted EBITDA decreased by $13.1 million, or 34%, for the three months ended November 30, 2024, compared to the same period in 2023 [99]. - Corporate and Other adjusted EBITDA loss increased by $355.3 million, primarily due to a $350.0 million contingent litigation-related loss during the three months ended November 30, 2024 [103]. Segment Performance - In the North America Steel Group segment, net sales decreased by $74.0 million, or 5%, with a 9% reduction in average selling prices per ton for steel products and downstream products [96]. - Adjusted EBITDA for the North America Steel Group segment decreased by $78.6 million, or 29%, due to metal margin compression, with average selling prices per ton for steel products and downstream products decreasing by $80 and $130, respectively [97]. - In the Europe Steel Group segment, net sales decreased by $15.8 million, or 7%, primarily due to a 9% reduction in steel products shipment volumes [98]. - Net sales to external customers in the Emerging Businesses Group segment decreased by $7.8 million, or 4%, during the three months ended November 30, 2024 [100]. - CMC's Tensar division experienced project delays, contributing to an adjusted EBITDA decrease of $8.2 million, or 27%, for the three months ended November 30, 2024 [101]. Expenses and Costs - Selling, general and administrative expenses increased by $15.3 million during the three months ended November 30, 2024, driven by $8.7 million in employee-related expenses and $6.9 million in legal expenses [90]. - The effective income tax rate for the three months ended November 30, 2024, was 24.0%, compared to 21.6% for the corresponding period [93]. Cash Flow and Capital Expenditures - Net cash flows from operating activities were $213.0 million for the three months ended November 30, 2024, down from $261.1 million in the same period in 2023 [116]. - Net cash flows used by investing activities increased to $113.5 million for the three months ended November 30, 2024, primarily due to $51.2 million of incremental capital expenditures for the construction of the fourth micro mill [117]. - The company anticipates capital spending for 2025 to range from $630 million to $680 million [111]. - The company repurchased $50.4 million of shares during the three months ended November 30, 2024, compared to $28.4 million in the same period in 2023 [112]. - As of November 30, 2024, the company had cash and cash equivalents of $856.1 million [108]. Operational Developments - The company’s third micro mill in Mesa, Arizona, began operations, designed to produce both rebar and merchant bar, with a capacity approximately 40% greater than previous micro mills [80]. - The planned fourth micro mill in Berkeley County, West Virginia, is expected to start operations in late calendar 2025, enhancing the company's market reach [81]. - The company implemented the Transform, Advance and Grow (TAG) initiative in 2024 to enhance operational value and efficiency, with expected financial benefits in 2025 [79]. Risks and Challenges - The company faces risks from changes in economic conditions affecting demand for products and construction activity, particularly in the cyclical steel industry [28]. - Significant fluctuations in metal prices could impair inventory values and reduce profitability of downstream contracts [28]. - The company is impacted by excess capacity in the steel industry, especially in China, and competition from other steel suppliers [28]. - Geopolitical conditions, including regional conflicts and inflation, pose risks to the global economy and raw material supplies [28]. - Increased focus on environmental, social, and governance (ESG) matters may affect operational strategies and compliance costs [28]. - The company is subject to risks associated with acquisitions, including integration challenges and potential impacts on financial leverage [28]. - Future revenue levels may be lower than expected, while costs could exceed projections, impacting overall financial performance [28]. - The company must navigate risks related to hiring and retaining key personnel amid competitive labor markets [28]. - Availability and pricing of essential raw materials, such as scrap metal and energy, are critical factors influencing operational costs [28]. - The company is exposed to market risks, including currency fluctuations and trade regulations that could adversely affect business operations [129].