Coming into today, shares of the gold and copper mining company had gained 6.65% in the past month. In that same time, the Basic Materials sector lost 1.43%, while the S&P 500 lost 0.21%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.16 per share and revenue of $12.9 billion. These totals would mark changes of +38.1% and +13.15%, respectively, from last year. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy t ...

Company Overview - New Gold Inc. is a Canadian-focused intermediate mining company with two core producing assets: the Rainy River gold mine and the New Afton copper-gold mine [2] - The company's vision is to become a leading diversified intermediate gold company in Canada, emphasizing environmental and social responsibility [2] Leadership Appointment - Christian Milau has been appointed to the Board of Directors of New Gold, effective immediately [7] - Milau brings over 25 years of experience in finance, capital markets, and mining, having previously served as CEO of Equinox Gold and True Gold Mining [1][7] - His experience includes leading Equinox Gold through five mergers and acquisitions, growing it from a single-asset developer to a multi-mine producer with eight operating mines [1] Strategic Direction - The company aims to transition into a significant free cash flow generator and enhance its position as a leading intermediate gold producer [11] - The Board expresses confidence in Milau's strategy and capital markets experience as valuable assets for the company's future [11]

| --- | --- | |----------------------|-------| | | | | | | | | | | GOLD | | | Barrick Gold $17.82 | | | +0.03 (+0.17%) | | | 52-Week Range $13.76 | | | ▼ | | | $19.45 | | | Dividend Yield 2.24% | | | P/E Ratio 21.73 | | | Price Target $22.20 | | | | | Leading gold mining company Barrick Gold Co. NYSE: GOLD stock is trading down 1.66% despite gold prices rising 15.4% year-to-date (YTD). While it's easy to assume gold mining stocks should move in lockstep with gold prices, that's not usually the case. While i ...

VANCOUVER, BC and TORONTO, July 29, 2024 /PRNewswire/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) and Florida Canyon Gold Inc. ("FCGI") (TSXV: FCGV) (together, the "Companies") are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement"), dated July 28, 2024, whereby Integra has agreed to acquire all of the issued and outstanding shares of FCGI pursuant to a court-approved plan of arrangement (the "Transacti ...

TORONTO, July 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces that operations resumed during the day shift on Saturday July 27th at the Rainy River Mine in northwestern Ontario, following the employee fatality reported on July 24th. Operations safely resumed Saturday, as no other equipment or site infrastructure was impacted in the incident. New Gold is supporting the authorities with their investigation. SOURCE New Gold Inc. About New Gold The t ...

The interesting part of investing comes from growth stocks. There seems to be a lot of new, investor attention and price-action. For an investor looking to create wealth from the markets, it's important to remain overweight on growth stocks. On the other hand, a relatively boring part of investing is exposure to blue-chip dividend stocks. Blue-chip companies have steady growth and cash flow visibility, the stock price-action is not extreme. However, a portfolio is incomplete without blue-chip stocks. First, ...

The health, safety and wellbeing of our employees is our top priority. The Company is working closely with local authorities and an investigation is underway. Operations have been voluntarily suspended. The thoughts of management are with the family, friends and colleagues who have been impacted by this tragic incident. New Gold is a Canadian-focused intermediate mining company with a portfolio of two core producing assets in Canada, the Rainy River gold mine and the New Afton copper-gold mine. The Company ...

The latest trading session saw Barrick Gold (GOLD) ending at $18.57, denoting a +1.14% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.06%. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.16 per share and revenue of $12.9 billion, which would represent changes of +38.1% and +13.15%, respectively, from the prior year. Based on our research, we be ...

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. Barrick Gold (GOLD) is a stock many investors are watching right now. GOLD is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 14.73. This compares to its industry's average ...

After testing an all-time high of $2,480.75, the metal could easily test $2,500 or even $3,000 this year. All this is in hopes that the Federal Reserve will cut interest rates this year, thanks to growing confidence that inflation is headed back to its 2% target. From here, if it can break above the $20 resistance, it could retest $22. Helping, the company just reported preliminary second-quarter production of 948,000 ounces of gold and 43,000 metric tons of copper. That's comparable to the 940,000 ounces o ...