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]

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]

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 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 ...

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].

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 ...

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 ...

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 ...

In connection with its name change, the Company also plans to change its ticker symbol for the Barrick common shares listed on the New York Stock Exchange from 'GOLD' to 'B', to become effective at the start of trading on May 9, 2025. The Barrick common shares will continue to trade under the 'ABX' ticker symbol on the Toronto Stock Exchange. The new CUSIP number for the Barrick common shares effective at the start of trading on May 9, 2025 will be 06849F108. "Barrick's vision is to be the world's most valu ...

The most recent trading session ended with Barrick Gold (GOLD) standing at $19.41, reflecting a +1.84% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 2.03%. On the other hand, the Dow registered a gain of 1.23%, and the technology-centric Nasdaq increased by 2.74%.Prior to today's trading, shares of the gold and copper mining company had lost 1.29% over the past month. This has was narrower than the Basic Materials sector's loss of 3.93% and the S&P 500's loss o ...