Group 1: Gold Market Overview - Gold has been one of the best-performing assets over the last 12 months, increasing by approximately 29% [1] - The price of gold has climbed an average of 9.7% over the last 25 years, although it underperforms compared to the SPY ETF's 27% annual return [2] - Gold serves as a hedge against inflation, maintaining its value during economic uncertainty [2] Group 2: Gold Mining Stocks - Newmont Corporation, the world's largest gold miner, has a current stock price of $56.57 with a 12-month price forecast of $54.55, indicating a potential downside of 3.57% [5] - Newmont's revenue and earnings saw significant year-over-year growth in 2024, benefiting from rising gold prices, with expectations for continued performance in 2025 [6] - Freeport-McMoRan, while not primarily a gold miner, has gold accounting for about 14% of its revenue, with a current stock price of $33.33 and a 12-month price forecast of $48.39, suggesting a 45.20% upside [7][8] - Barrick Gold, another major player, has a current stock price of $20.91 and a 12-month price forecast of $24.21, indicating a 15.77% upside, with significant exposure to gold [11][12]

Group 1: Gold Market Dynamics - Gold has reached a new record high of $3,313 per ounce, marking a significant moment in the market [1][2] - The rise in gold prices is attributed to geopolitical tensions, particularly U.S.-China relations and trade issues related to semiconductors and critical minerals [2] - Silver has also seen an increase, rising by 70 cents to above $33, indicating a broader trend in precious metals [1][2] Group 2: Barrick Gold Corp Performance - Barrick Gold Corp is currently trading at $20.98, above its five, 20, 50, and 200-day moving averages, signaling strong bullish momentum [3][4] - The stock has experienced a year-to-date increase of over 27%, with an 11.7% gain in the past five days, reflecting a robust market performance [4] - Barrick Gold has made a "Golden Cross" on the charts, a bullish signal indicating potential continued upward momentum [3][4] Group 3: Market Outlook and Analyst Predictions - Analysts have noted potential selling pressure that could impact the bullish trend in gold and related stocks [5] - ANZ has raised its gold price forecast to $3,600 by year-end, suggesting continued optimism in the gold market [5] - The current market environment favors precious metals as safe-haven assets amid geopolitical uncertainties [2][5]

Core Viewpoint - Barrick Gold Corporation is committed to finalizing an agreement with the Government of Mali, which was negotiated and approved in February 2025, and emphasizes the importance of resuming operations for both economic and humanitarian reasons [1][2][3]. Group 1: Agreement and Negotiations - Barrick has been actively seeking a constructive resolution to outstanding disputes and made an $85 million payment as part of the negotiations [1]. - The company is ready to resume production immediately, which would generate significant revenue for Mali through tax and royalty payments [2]. - Barrick urges the Malian government to finalize the agreement to protect the country's economic interests and the welfare of its people [3]. Group 2: Production and Financial Projections - For 2025, Barrick anticipates gold production between 3.15 million and 3.5 million ounces, with all-in sustaining costs projected at $1,460 to $1,560 per ounce [6]. - Cash costs per ounce are expected to be between $1,050 and $1,130, with a similar cost of sales range [6]. - The company also forecasts copper production of 200,000 to 230,000 tons, with all-in sustaining costs of $2.80 to $3.10 per pound [7]. Group 3: Stock Performance - Barrick's shares have increased by 21.8% over the past year, compared to a 52% rise in the industry [5].

Core Viewpoint - Rua Gold Inc. has reported significant improvements in gold and antimony grades from its drilling activities at the Auld Creek project, indicating a promising expansion of its resource base in New Zealand's Reefton Goldfield [1][4][10]. Company Updates - The recent drilling results include notable intercepts: - ACDDH026: 2.1m @ 1.25g/t Au from 175m depth - ACDDH027: 9m @ 5.9g/t AuEq (5.2g/t Au & 0.16% Sb) from 159m depth - ACDDH028: 1.25m @ 48.3g/t AuEq (13.3g/t Au & 8.1% Sb) from 210m depth [4][10][12] - The company is focusing on expanding the Auld Creek resource both north and south, with surface exploration showing promise over a 2.5km length [4][10]. Exploration Potential - Auld Creek has an inferred resource of 700,000 tonnes at 3.1g/t Au and 1.1% Sb, equating to approximately 67,000oz of gold and 8,000 tonnes of antimony [12][10]. - The drilling program commenced in December 2024, targeting four mineralized shoots identified from historical exploration [11][12]. Market Context - Antimony prices have surged to over US$50,000 per tonne, up from US$11,350 per tonne at the start of 2024, reflecting increased demand and limited supply [10][9]. - Antimony is recognized as a critical mineral by several countries, including New Zealand, due to its strategic importance in various industries [9][10].

Company Performance - Barrick Gold's stock closed at $20.32, reflecting a -0.44% change from the previous day, which is better than the S&P 500's loss of 0.17% [1] - The stock has increased by 6.41% over the past month, outperforming the Basic Materials sector's decline of 4.41% and the S&P 500's decline of 3.94% [1] Upcoming Earnings - Barrick Gold is set to release its earnings report on May 7, 2025, with projected earnings per share (EPS) of $0.29, indicating a 52.63% increase from the same quarter last year [2] Full Year Projections - Zacks Consensus Estimates forecast earnings of $1.59 per share and revenue of $14.97 billion for the full year, representing increases of +26.19% and +15.83% respectively from the prior year [3] Analyst Estimates and Stock Performance - Recent changes in analyst estimates for Barrick Gold are important, as positive revisions indicate optimism about the company's business and profitability [3][4] - The Zacks Rank system, which reflects estimate changes, has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5] Valuation Metrics - Barrick Gold has a Forward P/E ratio of 12.87, which is lower than the industry's average Forward P/E of 15.26 [6] - The company has a PEG ratio of 0.38, compared to the Mining - Gold industry's average PEG ratio of 0.63 [6] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 155, placing it in the bottom 38% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

VANCOUVER, BC, April 15, 2025 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce it will release its first quarter ("Q1") 2025 financial and operational results after market close on May 14, 2025. The Company will host a conference call and webcast to review the Q1 results on Thursday, May 15, 2025, at 7:30am PT. Conference Call Details Replay (available until May 22, 2025) Date: May 15, 2025 Local: 289-819-1450 Time: 10:30 AM ET ...

VANCOUVER, BC, April 15, 2025 /PRNewswire/ - Norsemont Mining Inc., (CSE: NOM) (OTCQB: NRRSF) (FWB: LXZ1) ("Norsemont" or the "Company") is pleased to announce an updated Mineral Resource Estimate ("MRE") of 2,184,000 indicated gold equivalent ounces and 557,000 inferred gold equivalent ounces for its Choquelimpie Gold-Silver-Copper Project ("Choquelimpie" or "the Project"), located in the Province of Parinacota, Region XV, Northern Chile. Norsemont holds a 100% ownership interest in the Project, through it ...

TORONTO, April 14, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") announces that it will not proceed with the previously announced private placement with Ambrosia Investment Holding L.L.C – S.P.C ("Ambrosia") as certain conditions precedent to the completion of the private placement were not secured. As the $3.40 price protection provided by the Toronto Stock Exchange for the private placement was set to expire, the Company chose not to request a further e ...

VANCOUVER, BC, April 14, 2025 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce that it has mobilized drilling equipment and geological staff in order to initiate its previously announced exploration program at its 100% owned São Jorge Project ("São Jorge" or the "Project") in the Tapajós gold district, Pará State, Brazil. The program is the largest exploration program initiated by the Company to date.Highlights: Figure 1 – Tapajós G ...

Core Viewpoint - The gold stocks are showing resilience amidst market volatility, with UBS raising price targets for Barrick Gold and Newmont, indicating a positive outlook for the gold industry [3][4][5]. Group 1: Market Performance - Major market indices are slightly up as investors react to economic news regarding U.S. and China tariffs [1] - Gold stocks are performing well, with Barrick Gold up 5.6%, Newmont up 6.6%, and Coeur Mining up 7.6% [2]. Group 2: UBS Analysis - UBS has raised Barrick's price target to $25 per share and upgraded Newmont to a buy rating with a new price target of $60, reflecting a 20% increase [3][4]. - UBS predicts a "stronger for longer gold price environment," forecasting gold prices to rise to $3,500 per ounce by 2026 [5][6]. Group 3: Company Valuations - Newmont is valued at a forward P/E ratio of 8.4, indicating strong profit growth expectations, while Barrick has a forward P/E of 11.6 [8]. - Coeur Mining has the highest trailing P/E at 36.6, with a forward P/E of 13.7, but is not generating positive free cash flow [9]. Group 4: Investment Recommendations - Barrick is considered a strong investment option due to its reasonable valuation, lower leverage with $1.2 billion more debt than cash, and substantial free cash flow of $1.3 billion [10][11]. - Barrick also offers a modest dividend yield of 2.3%, making it an attractive choice for investors looking to capitalize on the positive outlook for gold stocks [12].