Barrick(GOLD)
Search documents
Should You Invest in Barrick Gold Stock After a 25% Rally in 3 Months?
ZACKS· 2025-04-04 12:55
Barrick Gold Corporation’s (GOLD) shares have shot up 25% in the past three months. The rally has been largely driven by a surge in gold prices amid economic and geopolitical uncertainties. The GOLD stock has pulled off a remarkable rebound this year, following a lackluster 2024, thanks to skyrocketing gold prices. The gold giant reeled under the effects of high production costs and operational issues across certain mines, which impacted its production last year. With bullion prices continuing to zoom upwa ...
NEW GOLD PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2025 RESULTS AND CONFERENCE CALL
Prnewswire· 2025-04-03 10:30
TORONTO, April 3, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is providing notice that it will release its first quarter 2025 operational and financial results after market close on Tuesday, April 29, 2025. The Company will host its first quarter 2025 earnings conference call and webcast on Wednesday, April 30, 2025 at 8:30 am Eastern Time.First Quarter 2025 Conference Call and Webcast Participants may listen to the webcast by registering on our website at ...
ALLIED GOLD ANNOUNCES FOURTH QUARTER AND YEAR-END 2024 RESULTS: ACHIEVING RECORD QUARTERLY PRODUCTION, ADVANCING OPTIMIZATIONS AND GROWTH PROJECTS, AND STRENGTHENING FINANCIAL FLEXIBILITY THROUGH STRATEGIC INITIATIVES
Prnewswire· 2025-03-26 22:38
TORONTO, March 26, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is herein reporting its unaudited financial and operational results for the fourth quarter of 2024. Fourth quarter production of 99,632 ounces of gold was in line with the Company's previous guidance of 98,000 ounces to 102,000 ounces and is the highest production by quarter of the year and since the Company was taken public. This strong performance resulted in a full-year production of 358, ...
NevGold Increases the Size of the Zeus Copper Project by Approximately 50% Or 1,000 Hectares in the Hercules Copper District, Idaho
Newsfilter· 2025-03-20 12:00
Core Insights - NevGold Corp. has staked an additional 147 claims, covering approximately 1,000 hectares or 10 square kilometers, at the Zeus Copper Project in Idaho, indicating strong geological prospectivity [1][4] - The Zeus Copper Project shares geological similarities with Hercules Metals Corp.'s copper porphyry discovery, including comparable soil survey geochemical results [1][4] Company Developments - The Zeus Copper Project now encompasses 392 claims, totaling approximately 2,900 hectares or 29 square kilometers, in the Hercules Copper Trend [4] - The newly staked claims are underlain by the Lower Huntington Formation and Triassic age intrusive rocks, both known to host copper mineralization [4][6] - The CEO of NevGold expressed satisfaction with the acquisition of additional ground, highlighting the strategic importance of the area adjacent to Barrick Gold Corp.'s established claim block [3][4] Exploration Activities - NevGold plans to continue its active exploration program at the Zeus Copper Project in 2025, which includes geological mapping, surface geochemical sampling, and a ground geophysical program [8] - The company is preparing an application for a drill permit and aims to drill test copper targets identified through ongoing exploration activities [8]
GOLD ROYALTY REPORTS FOURTH QUARTER AND 2024 RESULTS, RECORD REVENUE AND POSITIVE OPERATING CASH FLOWS WITH CONTINUED SIGNIFICANT GROWTH EXPECTED IN 2025 AND OVER NEXT FIVE YEARS
Prnewswire· 2025-03-20 10:20
Core Viewpoint - Gold Royalty Corp. reported record revenues and positive operating cash flows for 2024, indicating strong growth potential for 2025 and beyond, driven by strategic acquisitions of royalties on large-scale mining operations [2][6][25]. Financial Highlights - For Q4 2024, total revenue reached $3.4 million, a significant increase from $1.0 million in Q4 2023. For the full year 2024, total revenue was $10.1 million, compared to $3.0 million in 2023 [5][6]. - The company reported a net loss of $3.2 million for Q4 2024, an improvement from a net loss of $19.4 million in Q4 2023. For the full year, the net loss was $3.4 million, down from $26.8 million in 2023 [5][7]. - Adjusted EBITDA for Q4 2024 was $1.2 million, compared to a loss of $3.0 million in Q4 2023. For the full year, adjusted EBITDA was $4.8 million, improving from a loss of $4.4 million in 2023 [6][44]. Production and Growth Outlook - The company expects Gold Equivalent Ounces (GEOs) to increase to between 5,700 and 7,000 in 2025, representing a 16% growth from 2024 levels. This growth is attributed to the ramp-up of three cash-flowing assets [6][25]. - Over the next five years, GEOs are projected to grow by over 360%, reaching between 23,000 and 28,000 by 2029, supported by contributions from existing and developing assets [6][27]. Portfolio and Project Updates - The Borborema project is expected to achieve commercial production in the second half of 2025, with production guidance of 33,000 to 40,000 ounces of gold [10]. - The Côté Gold mine has successfully started operations, with a focus on achieving full production capacity by the end of 2025 [13]. - The company has added eight new royalties in the past year, bringing the total to 48 since acquiring Ely Gold Royalties Inc. in 2021 [23]. Capital and Financial Strategy - The company anticipates strengthening its balance sheet through increased cash flow generation and stable operating costs, while maintaining a focus on debt repayment and disciplined growth [6][25]. - The 2025 outlook assumes a gold price of $2,668 per ounce and a copper price of $4.23 per pound, indicating a positive growth trajectory for the company [25][29].
Barrick Gold Doubles Free Cash Flows, But Mali And Pakistan Risks Cap The Upside
Seeking Alpha· 2025-03-19 04:27
Investment Strategy - The company employs a contrarian investment style, focusing on high-risk, illiquid options and shares [1] - The investment portfolio is split approximately 50%-50% between shares and call options, with a typical investment timeframe of 3-24 months [1] - The company targets stocks that have recently experienced sell-offs due to non-recurrent events, particularly when insiders are buying shares at lower prices [1] Screening and Analysis - Fundamental analysis is utilized to assess the health of companies, including their leverage and financial ratios compared to sector and industry averages [1] - Professional background checks are conducted on insiders who purchase shares after sell-offs to ensure credibility [1] - Technical analysis is employed to optimize entry and exit points, using multicolor lines for support and resistance levels on weekly charts [1]
GoldMining Inc. Launches 2025 Exploration Program, São Jorge Project, Brazil
Prnewswire· 2025-03-18 10:00
VANCOUVER, BC, March 18, 2025 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce plans to commence a major exploration program on the Company's 100% owned São Jorge Project ("São Jorge" or the "Project") in the Tapajós gold district, Pará State, Brazil.Highlights: Figure 1 – Tapajós Gold District and location of the Project. (CNW Group/GoldMining Inc.) Figure 2 – São Jorge mineral system and exploration targets. (CNW Group/GoldMini ...
GALIANO GOLD REPORTS Q4 AND FULL YEAR 2024 PRODUCTION AND FINANCIAL RESULTS
Prnewswire· 2025-03-17 21:15
VANCOUVER, BC, March 17, 2025 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to report its fourth quarter ("Q4") and full year ("FY") 2024 production and financial results. Galiano owns a 90% interest in the Asanko Gold Mine ("AGM") located on the Asankrangwa Gold Belt in the Republic of Ghana, West Africa.All financial information contained in this news release is reported in United States dollars.During Q4, the Company produced 28,508 gold ounces a ...
Barrick Gold: $3000 Gold Supports EPS Growth And A Higher Stock Price
Seeking Alpha· 2025-03-17 21:05
Gold has shined so far in 2025. The precious metal touched $3000 per ounce last Friday before settling at a new all-time high. It was gold's 10th positive week in the last 11. All the while, precious metals equities, as measured by the VanEck GoldFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is ...
Stock Of The Day – Will The Move Higher In Gold Make Barrick Break Out?
Benzinga· 2025-03-17 14:54
Shares of Barrick Gold Corporation GOLD are slightly higher Monday. They are at resistance and may be about to break through it. This could lead to the shares moving higher and a new uptrend forming.The chart of Barrick has the attention of many technical analysts because there is well-defined support and resistance. This is why it is our Stock of the Day.Gold is trading near all-time highs and Barrick has followed it. Some analysts say the move higher is a classic ‘flight to safety.' The tech sector has b ...