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WESTERN COPPER AND GOLD CONTINUES BOARD RENEWAL PROCESS
Prnewswire· 2025-05-05 12:00
Core Points - Western Copper and Gold Corporation is progressing with its board renewal process, announcing the retirement of Dr. Bill Williams and Tara Christie, along with the nomination of Pamela O'Hara for election to the board [1][2][4] Company Developments - Dr. Bill Williams will retire from his last board position, and Tara Christie will not seek re-election to focus on her executive priorities [2] - Pamela O'Hara has been nominated for election to the board at the upcoming Annual General Meeting on June 12, 2025 [2] Board Member Qualifications - Pamela O'Hara brings over 30 years of experience in mining and transportation infrastructure projects, with expertise in the Yukon [3] - O'Hara has been involved in permitting significant projects such as Ekati, Voisey's Bay, and the Port of Vancouver, and holds qualifications as a Registered Professional Biologist and Certified Sustainability Practitioner [3] Company Strategy - The company is focused on advancing the Casino Project, which is recognized as Canada's premier copper-gold mine and one of the most economically viable greenfield projects globally [5] - The company emphasizes collaboration with First Nations and local communities while adhering to responsible mining practices [5]
GALIANO GOLD ANNOUNCES DISCOVERY OF NEW HIGH-GRADE ZONE AT ABORE WITH INTERCEPT OF 50m @ 3.2 g/t Au & RESULTS OF INFILL DRILLING PROGRAM
Prnewswire· 2025-05-05 11:30
Core Insights - The recent drilling program at the Abore deposit has revealed a new high-grade mineralization zone, with significant intercepts that extend the known high-grade zone, indicating substantial growth potential for the site [4][2][1] Drilling Results - The 2025 Abore infill drilling program consisted of 26 holes totaling 5,543 meters, with notable intercepts including hole ABPC25-346, which reported 50 meters at 3.2 grams per tonne (g/t) gold from 100 meters depth [1][6] - High-grade intervals were found in multiple holes, confirming that mineralization continues beyond the current Mineral Reserve boundaries at Abore South [2][5] Geological Characteristics - The mineralization at Abore is primarily hosted within the Abore granite, characterized by significant hydrothermal alteration, high-density quartz veining, and visible gold [3][8] - The geology of the Abore deposit is part of the northeast striking Asankrangwa gold belt, with mineralization constrained to granite and developed along the western margin of the granite/sediment contact [8] Resource Estimates - Current Measured and Indicated Resources at Abore are estimated at 638,000 ounces at 1.24 g/t gold, with Inferred Resources of 78,000 ounces at 1.17 g/t gold, as of December 31, 2024 [7] Future Exploration Plans - The company aims to establish its first underground resource at the AGM by 2025, with ongoing exploration expected to enhance the potential for high-grade mill feed [7][4]
Barrick Gold (GOLD) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2025-05-02 22:50
Company Performance - Barrick Gold's stock closed at $18.41, reflecting a +0.22% change from the previous trading day, which is lower than the S&P 500's gain of 1.47% [1] - Over the last month, Barrick Gold's shares have decreased by 5.21%, underperforming the Basic Materials sector's loss of 2.19% and the S&P 500's loss of 0.47% [1] Upcoming Earnings - Barrick Gold is set to release its earnings report on May 7, 2025, with projected EPS of $0.29, indicating a 52.63% increase compared to the same quarter of the previous year [2] - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $1.66 per share and revenue of $14.97 billion, reflecting changes of +31.75% and +15.86% respectively from the prior year [3] Analyst Projections - Recent shifts in analyst projections for Barrick Gold are important to monitor, as positive changes often indicate optimism regarding the company's business and profitability [4] - The consensus EPS projection has increased by 19.79% in the past 30 days, and Barrick Gold currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Barrick Gold is trading at a Forward P/E ratio of 11.07, which is a discount compared to the industry's average Forward P/E of 13.23 [7] - The company has a PEG ratio of 0.33, while the Mining - Gold industry has an average PEG ratio of 0.58 [7] Industry Overview - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 59, placing it in the top 24% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Should You Buy Barrick Gold Stock Ahead of Q1 Earnings?
ZACKS· 2025-05-02 11:00
Core Viewpoint - Barrick Gold Corporation (GOLD) is expected to report first-quarter 2025 results on May 7, with anticipated higher earnings due to rising gold prices, despite facing cost challenges [1][5]. Earnings Expectations - The Zacks Consensus Estimate for first-quarter earnings has been revised upward by 26.1% in the past 60 days, with an expected earnings of 29 cents per share, indicating a 52.6% year-over-year increase [1]. - GOLD has beaten the Zacks Consensus Estimate for earnings in three of the last four quarters, averaging an earnings surprise of approximately 12% [3]. Production and Costs - Production for the upcoming quarter is estimated at 710,000 ounces, reflecting a sequential decline of around 34% and a 24% decrease from the previous year [6]. - Higher production costs are anticipated to impact first-quarter results, with cash costs per ounce of gold increasing by about 7% year-over-year in Q4 2024, and AISC rising roughly 6% [8]. Market Conditions - Gold prices have surged nearly 19% in the first quarter and are up approximately 23% year-to-date, driven by safe-haven demand amid global trade tensions and economic uncertainties [5]. - The company's stock has gained 11.6% over the past year, underperforming the Zacks Mining – Gold industry's 47.2% increase [9]. Valuation - GOLD is currently trading at a forward 12-month earnings multiple of 10.76, which is about 28.1% lower than the industry average of 14.96X [12]. Growth Prospects - The company is well-positioned to benefit from key growth projects that are on schedule and within budget, which should significantly contribute to future production [14]. - GOLD maintains a strong liquidity position and generates healthy cash flows, allowing it to capitalize on development and acquisition opportunities [15]. Challenges - The company faces challenges from higher production costs, including increased mine-site sustaining capital spending and labor costs, which may impact profit margins [16]. Investment Outlook - Despite the positives, the high production costs warrant caution, and holding onto GOLD shares is advisable for current investors awaiting further clarity post-earnings release [17].
TUDOR GOLD Receives Five Year Exploration Permit to Advance the Treaty Creek Project
Newsfile· 2025-05-01 15:48
TUDOR GOLD Receives Five Year Exploration Permit to Advance the Treaty Creek ProjectMay 01, 2025 11:48 AM EDT | Source: Tudor Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to announce that it has received exploration permits from the British Columbia Ministry of Mining and Critical Minerals for its flagship Treaty Creek Property, located in the heart of the Golden Triangle of Northwestern Br ...
4 PEG-Efficient Value Picks to Boost Your Portfolio Returns
ZACKS· 2025-04-30 20:00
Core Viewpoint - In times of market volatility, value investing becomes a preferred strategy as investors seek to buy undervalued stocks when others are selling at lower prices [1][2]. Value Investing Strategy - Value investors capitalize on market uncertainty by purchasing stocks at discounted prices when other investors sell [1]. - The strategy can lead to "value traps" if not understood properly, where stocks underperform due to persistent issues rather than temporary problems [3]. Importance of PEG Ratio - The PEG ratio, defined as (Price/Earnings)/Earnings Growth Rate, is a crucial metric for value investors, as a low PEG ratio indicates better value [5]. - Unlike P/E alone, the PEG ratio helps identify a stock's intrinsic value, although it has limitations regarding changing growth rates [5]. Screening Criteria for Value Stocks - Effective screening for value stocks includes criteria such as: - PEG Ratio less than industry median - P/E Ratio less than industry median - Zacks Rank 1 (Strong Buy) or 2 (Buy) - Market Capitalization greater than $1 billion - Average 20-Day Volume greater than 50,000 - Percentage Change in F1 Earnings Estimate Revisions greater than 5% - Value Score of A or B combined with a Zacks Rank of 1, 2, or 3 [6]. Selected Stocks - **Barrick Gold (GOLD)**: A leading gold mining company with 3.9 million ounces of gold and 195,000 tons of copper produced in 2024, holding 89 million ounces of proven and probable gold reserves. It has a Zacks Rank 2 and a Value Score of A, with a five-year expected growth rate of 33.5% [8][9]. - **StoneCo (STNE)**: A financial technology company in Brazil providing various financial services. It has a Zacks Rank 1 and a Value Score of B, with a long-term expected growth rate of 26.3% [9][10]. - **Synovus Financial (SNV)**: A diverse financial services company with a Zacks Rank 2 and a Value Score of A, boasting a five-year expected growth rate of 10.2% [11][12]. - **BGC Group, Inc. (BGC)**: A financial brokerage and technology company with a long-term expected earnings growth rate of 24.7%, holding a Value Score of B and a Zacks Rank of 1 [12][13].
GOLD or AGI: Which Is the Better Value Stock Right Now?
ZACKS· 2025-04-30 16:40
Investors looking for stocks in the Mining - Gold sector might want to consider either Barrick Gold (GOLD) or Alamos Gold (AGI) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong ea ...
NEW GOLD REPORTS FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-04-29 21:15
Solid Quarterly Performance Leads to Free Cash Flow Generation, Critical Path Items Achieved to Allow for Ramp-up in Production and Exploration Activities Going Forward(All amounts are in U.S. dollars unless otherwise indicated)TORONTO, April 29, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) today reported financial and operating results for the quarter ended March 31, 2025."The first four months of the year have been exceptionally positive for New Gold in a ...
Barrick Gold (GOLD) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-04-29 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alo ...
dbg:从次贷做空到黄金狂飙,他900美元入场,如今3500美元再砸8亿
Sou Hu Cai Jing· 2025-04-29 02:20
Core Insights - John Paulson gained fame by shorting the U.S. real estate market, creating a legendary investment narrative, and his long-term journey in gold investment reflects the volatility of global economic and financial markets [1][3] Group 1: Investment Journey - After profiting from the U.S. housing market collapse, Paulson shifted focus to gold, predicting inflation risks amid the Federal Reserve's quantitative easing policies, leading to a significant profit of $15 billion for his hedge fund in 2007 [3] - Paulson's early investments in gold were initially successful, but his misjudgment regarding inflation led to setbacks in gold-related investments, particularly in mining stocks, as well as losses in pharmaceutical and banking sectors [3][4] - In 2020, Paulson transformed his hedge fund into a private investment management firm, focusing on serving himself and related entities, while also engaging in legal disputes and political activities [3] Group 2: Market Dynamics - The COVID-19 pandemic triggered massive stimulus policies and inflationary pressures, enhancing gold's appeal as a safe-haven asset, with gold prices surpassing $3,500 per ounce amid declining stock and bond markets [4] - Paulson increased his investment in gold, spending $800 million to acquire a 50% stake in Barrick Gold's Donlin project in Alaska, which is estimated to contain 39 million ounces of gold, equivalent to a quarter of Fort Knox's reserves [4] - The development of the Donlin mine faces challenges, including infrastructure needs and location on indigenous land, with production not expected until the early 2030s, yet Paulson remains optimistic about its long-term value [4] Group 3: Investment Philosophy - Paulson believes in gold's enduring value as a physical reserve that can withstand inflation, war, and asset confiscation, despite its high storage costs and lack of interest income [5] - He emphasizes the potential for mining companies to significantly increase profits as gold prices rise, and even if prices fall, mining companies can still remain profitable [5] - Paulson's investment strategy includes focusing on emerging mining companies, such as Perpetua Resources and Agnico Eagle Mines, to maximize returns in a fluctuating market [5]