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ALLIED GOLD TO COMMENCE TRADING ON OTCQX EXCHANGE
Prnewswire· 2024-09-09 11:30
TORONTO, Sept. 9, 2024 /PRNewswire/ - Allied Gold Corporation ("Allied" or the "Company") (TSX: AAUC) (OTCQX: AAUCF) is pleased to announce that its common shares will commence trading today on the OTCQX Best Market under the ticker symbol of AAUCF. The OTCQX Best Market is the highest market tier of OTC Markets on which 12,000 U.S. and global securities trade. Trading on OTCQX is expected to enhance the visibility and accessibility of the Company to U.S. investors. Allied's common shares will continue to t ...
NEW GOLD STRENGTHENS BOARD WITH SEASONED APPOINTMENTS
Prnewswire· 2024-09-09 10:30
TORONTO, Sept. 9, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that Sophie Bergeron and Ross Bhappu have been appointed to its Board of Directors (the "Board"). Sophie brings over 20 years of mining experience with a focus on operations and project management, as well as a strong sustainability background focused on safe mining. Sophie is currently the Managing Director, Diamonds for Rio Tinto Iron and Titanium and Diamonds where resp ...
Barrick Gold: Numerous Positive Catalysts
Seeking Alpha· 2024-09-07 05:21
dextorTh/iStock via Getty Images My thesis After publishing a bullish thesis on Barrick Gold (NYSE:GOLD) on June 4, the stock returned investors 17.3% in share price growth and dividend. The thesis proved to be correct as the stock significantly outperformed the S&P 500 over the same period. The stock's price demonstrated a strong correlation with gold prices over the last twelve months. According to several prominent investment banks, gold prices are expected to stay strong over the next year. The bullish ...
Barrick's Shares Gain 11% in a Month: Time to Buy the Stock?
ZACKS· 2024-09-05 11:16
Shares of Barrick Gold Corporation (GOLD) have gained 11.1% in the past month, outperforming the Zacks Mining – Gold industry's growth of 5%. The bullishness appears to have been catalyzed by its forecast-topping earnings performance in the second quarter and the rally in gold prices. GOLD is currently trading at a roughly 8% discount to its 52-week high of $20.89, reached on Aug. 20, 2024, as gold prices catapulted to a record high on a surge in safe-haven demand. Technical indicators for Barrick show stro ...
AUGUSTA GOLD ANNOUNCES FEASIBILITY STUDY RESULTS FOR ITS 100% OWNED, CONSTRUCTION-READY REWARD PROJECT; INITIATES STRATEGIC PROCESS
Prnewswire· 2024-09-05 10:30
VANCOUVER, BC, Sept. 5, 2024 /PRNewswire/ - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE:11B) ("Augusta Gold" or the "Company") is pleased to announce the results of the Feasibility Study for its 100% owned, construction-ready Reward Project (the "Project") located in the Walker Lane gold district of southern Nevada near the town of Beatty. Highlights Figure 1 – Reward Project Strategically Located in a Top Tier Mining District (CNW Group/Augusta Gold Corp.) Figure 1 – Reward Project Strategically Located ...
SOMA GOLD REPORTS SECOND-QUARTER FINANCIAL RESULTS AND OPERATING HIGHLIGHTS
Prnewswire· 2024-08-29 09:15
Soma sold 7,209 AuEq ounces in Q2-2024 and 14,233 AuEq ounces in the six months ended June 30, 2024 (compared to 15,391 AuEq ounces in H1-2023). Revenue for the quarter was up $22.7 million, with $42.0 million for the six months ended June 30, 2024 (compared to $39.0 million in H1-2023). EBITDA(1) for the quarter stood at $7.5 million and $13.6 million for the six months ended June 30, 2024 (compared to $15.9 million in H1-2023). Total cash costs per ounce of gold sold(1) were US$1,340 for the quarter and U ...
U.S. GOLDMINING UPDATE ON EXPLORATION AND SUSTAINABILITY ACTIVITIES AT THE WHISTLER GOLD-COPPER PROJECT, ALASKA
Prnewswire· 2024-08-28 10:30
ANCHORAGE, Alaska, Aug. 28, 2024 /PRNewswire/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") is pleased to provide a progress update on activities related to exploration, environmental baseline activities and stakeholder engagement across the Whistler Gold-Copper Project (the "Whistler Project" or "Project") for the 2024 field season in Alaska. The Whistler Project comprises four distinct mineral deposits: Whistler, Raintree West Pit, Raintree West Underground and Island Mountain ...
3 Reasons Growth Investors Will Love Barrick Gold (GOLD)
ZACKS· 2024-08-23 17:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...
INTEGRA COMPLETES C$20 MILLION BOUGHT DEAL OFFERING IN CONNECTION WITH PREVIOUSLY ANNOUNCED MERGER WITH FLORIDA CANYON GOLD
Prnewswire· 2024-08-21 13:17
TSXV: ITR; NYSE American: ITRG www.integraresources.com VANCOUVER, BC, Aug. 21, 2024 /PRNewswire/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce that in connection with the joint news release of Integra and Florida Canyon Gold Inc. ("FCGI") dated July 29, 2024 announcing Integra's intention to acquire FCGI (the "Transaction"), the Company has completed the bought deal private placement offering of 14,900,000 subscription receipts (the "Subscri ...
Why Barrick Gold (GOLD) Might be Well Poised for a Surge
ZACKS· 2024-08-19 17:21
Barrick Gold (GOLD) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this gold and copper mining company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earni ...