Intrepid Metals Provides Details on New Drill Targets at Corral Copper ProjectOctober 31, 2024 7:00 AM EDT | Source: Intrepid Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - October 31, 2024) - Intrepid Metals Corp. (TSXV: INTR) (OTCQB: IMTCF) ("Intrepid" or the "Company") is pleased to provide further information on new drill targets following the successful completion of its initial drill program at Corral Copper Property ("Corral" or the "Property") in Cochise County, Arizona. In ...

BELO HORIZONTE, Brazil, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 33 million customers, today reported financial results for the second quarter of 2024. Highlights: Record net income of R$ 223 million. 10.4% ROE, surpassing the double-digit milestone. TPV increased 47% YoY, reaching R$ 290 billions. AuC reached R$ 105 billion, a 37% increase YoY. Inter&Co reported strong results with ...

[Management Report](index=4&type=section&id=Management%20report) [Company Overview](index=4&type=section&id=1.1%20Company%20Overview) Inter & Co, Inc. is a Cayman Islands-incorporated holding company that controls the Inter group, offering a comprehensive digital ecosystem of e-commerce and financial services across Brazil and the United States - Inter & Co, Inc. is a Cayman Islands holding company, controlling the Inter group and indirectly Banco Inter[3](index=3&type=chunk) - Inter provides e-commerce and financial services, including banking, investments, credit, insurance, cross-border banking, and a marketplace in Brazil and the US[4](index=4&type=chunk) [Operating Highlights](index=4&type=section&id=1.2%20Operating%20Highlights) The company reported significant customer growth, surpassing 33.3 million, and an increased activation rate of 55.3%. The loan portfolio also grew by 10.7% to R$33.0 billion - Total customers: **33.3 million** as of June 30, 2024[5](index=5&type=chunk) - Activation rate: **55.3%**, an increase of **3.1 percentage points** when compared to June 30, 2023[5](index=5&type=chunk) - Loan portfolio balance: **R$33.0 billion**, representing a positive variation of **10.7%** compared to December 31, 2023[5](index=5&type=chunk) [Economic and Financial Highlights](index=4&type=section&id=1.3%20Economic%20and%20Financial%20Highlights) Inter & Co achieved a substantial profit increase of 372.8% to R$417.9 million for the six-month period ended June 30, 2024, with revenues reaching R$2,879.5 million, up R$705.4 million YoY. Administrative and personnel expenses also increased **Profit for the period (H1 2024 vs H1 2023):** | Metric | 06/30/2024 (R$ million) | 06/30/2023 (R$ million) | Change (%) | | :----- | :---------------------- | :---------------------- | :--------- | | Profit | 417.9 | 88.388 | 372.8% | **Revenues (H1 2024 vs H1 2023):** | Metric | 06/30/2024 (R$ million) | 06/30/2023 (R$ million) | Change (R$ million) | | :------- | :---------------------- | :---------------------- | :------------------ | | Revenues | 2,879.5 | 2,174.1 | 705.4 | **Administrative and Personnel Expenses (H1 2024 vs H1 2023):** | Metric | 06/30/2024 (R$ million) | 06/30/2023 (R$ million) | Change (R$ million) | | :----------------------- | :---------------------- | :---------------------- | :------------------ | | Administrative & Personnel | (1,192.7) | (1,092.1) | (100.6) | [Equity Highlights](index=4&type=section&id=1.4%20Equity%20Highlights) Total assets grew by 10.3% to R$66.6 billion, and shareholder's equity increased by 13.3% to R$8.6 billion as of June 30, 2024, compared to December 31, 2023 **Total Assets (06/30/2024 vs 12/31/2023):** | Metric | 06/30/2024 (R$ billion) | 12/31/2023 (R$ billion) | Change (%) | | :---------- | :---------------------- | :---------------------- | :--------- | | Total Assets | 66.6 | 60.35 | 10.3% | **Shareholder's Equity (06/30/2024 vs 12/31/2023):** | Metric | 06/30/2024 (R$ billion) | 12/31/2023 (R$ billion) | Change (%) | | :---------------- | :---------------------- | :---------------------- | :--------- | | Shareholder's Equity | 8.6 | 7.6 | 13.3% | [Relationship with Independent Auditors](index=4&type=section&id=1.5%20Relationship%20with%20the%20independent%20auditors) Inter & Co maintains a policy for contractual risk analysis and an Audit Committee to ensure transparency, objectivity, and auditor independence. KPMG Auditores Independentes Ltda. confirmed its independence for the period ended June 30, 2024 - The Board of Directors evaluates transparency, objectivity, governance, and auditor independence for contractual risk analysis[7](index=7&type=chunk) - An Audit Committee evaluates the effectiveness of independent and internal audits[7](index=7&type=chunk) - KPMG Auditores Independentes Ltda. confirmed its independence and objectivity in conducting audit work for the period ended June 30, 2024[10](index=10&type=chunk) [Acknowledgment](index=5&type=section&id=1.6%20Acknowledgment) The management expressed gratitude to shareholders, customers, partners, and employees for their trust and contributions - Management thanked shareholders, customers, partners, and employees for their trust and contributions[11](index=11&type=chunk) [Independent Auditor's Report](index=6&type=section&id=Independent%20Auditor%27s%20Report) KPMG Auditores Independentes Ltda. reviewed Inter & Co's condensed consolidated interim financial information for the quarter ended June 30, 2024, in accordance with IAS 34. The review found no material misstatements, concluding the information is prepared in all material respects according to IAS 34 - KPMG Auditores Independentes Ltda. reviewed the condensed consolidated interim financial information of Inter & Co. Inc. for the quarter ended June 30, 2024[12](index=12&type=chunk) - The financial information was prepared in accordance with IAS 34 Interim Financial Reporting[13](index=13&type=chunk) - Based on the review, nothing came to attention that causes belief the information is not prepared, in all material respects, in accordance with IAS 34[14](index=14&type=chunk) [Unaudited Interim Condensed Consolidated Financial Statements](index=5&type=section&id=Unaudited%20interim%20condensed%20consolidated%20statements) [Unaudited Interim Condensed Consolidated Balance Sheets](index=5&type=section&id=Unaudited%20interim%20condensed%20consolidated%20balance%20sheets) As of June 30, 2024, total assets increased to R$66.57 billion from R$60.35 billion at December 31, 2023. Total liabilities also rose to R$57.97 billion from R$52.76 billion, while total equity increased to R$8.61 billion from R$7.60 billion **Total Assets:** | Date | Amount (R$ thousand) | | :----------- | :------------------- | | 06/30/2024 | 66,573,460 | | 12/31/2023 | 60,351,797 | **Total Liabilities:** | Date | Amount (R$ thousand) | | :----------- | :------------------- | | 06/30/2024 | 57,965,924 | | 12/31/2023 | 52,755,107 | **Total Equity:** | Date | Amount (R$ thousand) | | :----------- | :------------------- | | 06/30/2024 | 8,607,536 | | 12/31/2023 | 7,596,691 | [Unaudited Interim Condensed Consolidated Income Statements](index=8&type=section&id=Unaudited%20interim%20condensed%20consolidated%20income%20statements) For the six-month period ended June 30, 2024, the Group reported a profit of R$417.885 million, a significant increase from R$88.388 million in the same period of 2023. Revenues grew to R$2,879.540 million from R$2,174.148 million, driven by higher net interest income and income from securities and derivatives. Basic EPS increased to R$0.90 from R$0.15 **Profit for the period (R$ thousand):** | Period | 06/30/2024 | 06/30/2023 | | :------- | :--------- | :--------- | | Quarter | 222,664 | 64,172 | | Semester | 417,885 | 88,388 | **Revenues (R$ thousand):** | Period | 06/30/2024 | 06/30/2023 | | :------- | :--------- | :--------- | | Quarter | 1,478,599 | 1,150,034 | | Semester | 2,879,540 | 2,174,148 | **Basic Earnings Per Share (R$):** | Period | 06/30/2024 | 06/30/2023 | | :------- | :--------- | :--------- | | Quarter | 0.48 | 0.12 | | Semester | 0.90 | 0.15 | [Unaudited Interim Condensed Consolidated Statements of Comprehensive Income](index=9&type=section&id=Unaudited%20interim%20condensed%20consolidated%20statements%20of%20comprehensive%20income) Total comprehensive income for the six-month period ended June

PM Images | --- | --- | --- | --- | --- | --- | |-------|--------------------------------|---------|---------|---------|------------| | | | | | | | | | Asset Quality & Capitalization | Q1 2022 | Q1 2023 | Q1 2024 | Change | | NU | 15-90 days NPL | 3.7% | 4.4% | 5.0% | 130 bps | | | 90+ NPL | 3.5% | 5.5% | 6.3% | 280 bps | | | Tier 1 Ratio (%) | 17.5% | 15.8% | 12.7% | -478 bps | | INTR | 15-90 days NPL | 3.4% | 4.4% | 4.8% | 140 bps | | | 90+ NPL | 4.5% | 4.3% | 4.4% | -10 bps | | | Tier 1 Ratio (%) | 35.7% ...

. . June 19, 2024 7:00 AM EDT | Source: Intrepid Metals Corp. | --- | --- | |--------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | Silver ("Ag") (0.93% Copper Equivalent ("CuEq")1) | in Hole CC24_022; including, | | | 20.95m of 1.37% Cu, 1.39 gpt Au and 5.11 gpt Ag (2.1 ...

Group 1 - Inter & Co. Inc. is part of the Business Services sector, which includes 316 individual stocks and currently holds a Zacks Sector Rank of 5 [1] - Over the past 90 days, the Zacks Consensus Estimate for Inter & Co. Inc.'s full-year earnings has increased by 2.7%, indicating improving analyst sentiment and a positive earnings outlook trend [2] - Inter & Co. Inc. belongs to the Technology Services industry, which consists of 173 companies and currently ranks 63 in the Zacks Industry Rank [4] Group 2 - The average year-to-date return for stocks in the Technology Services industry is 16.5%, suggesting that Inter & Co. Inc. is slightly underperforming its industry [4] - Inter & Co. Inc. has achieved a year-to-date return of approximately 5.4%, outperforming the average gain of 5.3% in the Business Services group [7] - The Zacks Rank for Inter & Co. Inc. is currently 2 (Buy), indicating a favorable outlook based on earnings estimates and revisions [6]

Market Overview - The stock market has experienced a cooling off period as it closed May and began June, which is seen as a healthy recalibration following a bullish stretch and a significant surge from the October 2023 lows [1] - The recent pullback is expected to create more attractive buying opportunities for strong stocks, emphasizing the importance of staying exposed to the market and buying into weakness [1] Investment Opportunities - Investors looking to buy stocks in June are encouraged to consider cheap stocks trading for $10 or less, which have strong Zacks Ranks due to improving earnings outlooks [2] - Stocks priced under $10 can be categorized into penny stocks (under $5) and stocks priced between $5 and $10, with the latter generally being less risky but still speculative [3][5] Penny Stocks - Penny stocks, defined as securities trading for less than $5, are often avoided by investors due to their speculative nature and infrequent trading, which can lead to excessive volatility [3][4] - Despite the risks, some penny stocks can perform exceptionally well, maintaining their attractiveness [4] Stocks Under $10 - Stocks trading in the $5 to $10 range are generally less risky than penny stocks, and investors may be more familiar with these companies [5] - A selective approach can yield winning stocks under $10, with specific screening parameters to identify potential investments [6] Inter & Co. Inc. - Inter & Co. Inc. is highlighted as a promising stock under $10, serving as the holding company for Grupo Inter and offering a comprehensive digital financial app known as the Super App, which serves over 32 million customers across the Americas [9][10] - The company is projected to grow its revenue by 21% in 2024 and 17% in FY25, reaching $1.34 billion, with adjusted earnings expected to increase by 153% this year and 37% next year [11] - Inter & Co. shares have increased by 85% over the last year, outperforming its industry, but have recently pulled back below its 50-day moving average, indicating potential testing of its 200-day moving average [12]

Core Insights - Inter&Co has received its first AA+.br long-term issuer and deposit ratings from Moody's, indicating a strong financial position and growth in profitability [1][2] - The ratings reflect Inter's robust capital levels, low funding costs, and effective risk management practices [2][3] - CEO Joao Vitor Menin emphasized the company's commitment to exceptional service and the fulfillment of its 60-30-30 plan, which aims to maintain asset quality and capital levels [3] Company Overview - Inter&Co operates as a financial super app serving over 32 million customers across the Americas, offering a wide range of services including banking, investments, mortgages, credit, insurance, and cross-border payments [4] - The company features a dynamic marketplace that connects consumers with shopping discounts, cashback rewards, and exclusive event access, focusing on innovation and member experiences [4]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

Group 1 - Inter&Co Inc. announces the acquisition of the remaining 50% of Granito, a merchant acquirer serving over 100,000 SMEs in Brazil, for $110 million BRL [1][3] - This acquisition is expected to enhance Inter's portfolio, generate operational synergies, and create cross-selling opportunities within its financial super app [1][2] - The transaction aims to strengthen Inter's position as a preferred partner for entrepreneurs in Brazil, reinforcing its value proposition as a comprehensive digital platform [2][3] Group 2 - The acquisition will rename Granito to Inter Pag and is part of Inter's strategy to disrupt the financial services industry by providing a full suite of solutions for business owners [3] - The completion of the transaction is subject to approval by the Central Bank of Brazil and other regulatory conditions [4] - Inter&Co serves over 32 million customers across the Americas, offering a wide range of financial services and a dynamic marketplace [5]