St. John's, Newfoundland and Labrador--(Newsfile Corp. - February 12, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") announces that, further to its November 25, 2024 news release, and as a result of the Canada Post strike, it has filed AMENDED Management Proxy Materials under its profile on sedarplus.ca for its annual and special meeting of shareholders (the "Meeting"). The Meeting is set to be held March 21, 2025 in Vancouver, BC. At the Meeting Sokoman shareholders ...

Solis Minerals Announces Mitch Thomas Appointed as Chief Executive Officer and Mike Parker to Transition to Technical DirectorFebruary 11, 2025 6:17 PM EST | Source: Solis Minerals Ltd.Perth, Western Australia--(Newsfile Corp. - February 11, 2025) - Solis Minerals Limited (ASX: SLM) (TSXV: SLMN) ("Solis Minerals") is pleased to announce the appointment of Mitch Thomas as Chief Executive Officer.As the former Chief Financial Officer of Latin Resources Limited (ASX: LRS) ("Latin Resources") and ...

Solis Minerals Provides Updated on Exploration Activities at the Cinto Project in PeruCopper Porphyry Mineralisation Confirmed at Cinto 0.88% Cu over 23.4mFebruary 11, 2025 6:00 AM EST | Source: Solis Minerals Ltd.HIGHLIGHTSExtensive copper porphyry mineralisation identified in rock and channel sampling at Cinto Project, Peru.Highlights include:23.4m @ 0.88% Cu (Channel 1)16.83m @ 0.52% Cu (Channel 6)Cinto is located 15km SE of one of Peru's major copper mines, Toquepala (2,105mt @ 0.47% Cu re ...

Solis Minerals Limited: Visit us at PDAC 2025 Convention in Toronto this March at Booth 3142February 10, 2025 7:30 AM EST | Source: Newsfile Partner EventPerth, Western Australia--(Newsfile Corp. - February 10, 2025) - Visit Solis Minerals Limited (ASX: SLM) (TSXV: SLMN) at Booth #3142 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 2 to Wednesday, March 5, 2025. About Solis Minerals LimitedSolis Mineral ...

Minerals Technologies Inc. (NYSE:MTX) Q4 2024 Earnings Conference Call February 7, 2025 11:00 AM ET Company Participants Lydia Kopylova - Head of Investor Relations Douglas Dietrich - Chairman and Chief Executive Officer Erik Aldag - Senior Vice President, Finance, Treasurer, and Chief Financial Officer Brett Argirakis - Group President, Engineered Solutions D.J. Monagle - Group President, Consumer and Specialties Conference Call Participants Daniel Moore - CJS Securities David Silver - C.L. King Peter Oste ...

Financial Data and Key Metrics Changes - 2024 was a year of record profitability for the company, with operating income reaching $316 million, an increase of 13% year-over-year, and earnings per share (EPS) growing 18% to $6.15 [9][22][23] - Operating margin improved to 15% in 2024, achieving the target set for 2025 a year early [8][46] - Full year EBITDA exceeded $400 million, marking the second consecutive year of record EBITDA [9][22] Business Line Data and Key Metrics Changes - Consumer and Specialties segment sales grew 2% for the full year, with operating income increasing by 25% on an underlying basis [25][26] - Engineered Solutions segment saw a 7% increase in operating income despite a 3% decline in sales, driven by strong execution and productivity improvements [30][31] - Specialty Additives sales were down 2% in Q4 due to softer base volumes, but full year sales grew 1% on 3% higher volume [24][25] Market Data and Key Metrics Changes - The commercial construction market weakened, impacting sales in the Engineered Solutions segment, particularly in High Temperature Technologies [7][22] - Environmental and Infrastructure sales grew 4% year-over-year in Q4, with a notable 43% increase in remediation and wastewater treatment [29][30] - Asia foundry volume grew 10% in Q4, driven by increased penetration of products in the region [28][30] Company Strategy and Development Direction - The company aims to grow in consumer-oriented markets, expand core market positions geographically, and continuously introduce innovative higher-margin products [12][18] - Integration of acquired pet litter companies into a unified business called Civo is expected to enhance market presence and drive above-market sales growth [12][13] - Focus on sustainable solutions and innovative technologies is a key part of the growth strategy, with new products expected to positively impact sales [17][18] Management's Comments on Operating Environment and Future Outlook - Management anticipates a stronger year in 2025, projecting sales growth of 3% to 5% [38][40] - The consumer side of the business is expected to remain solid, while the industrial side may experience a slow start but strengthen throughout the year [38][40] - Management is cautious about the Engineered Solutions segment due to uncertainty in end markets but sees potential for improvement as the year progresses [40][42] Other Important Information - The company completed a $75 million share buyback program and authorized a new $200 million repurchase program, reflecting strong cash generation and commitment to returning value to shareholders [9][10] - The company has maintained a strong balance sheet with net leverage at 1.6 times EBITDA and liquidity exceeding $700 million [31][32] Q&A Session Summary Question: Expectations for fiscal 2025 operating margins - Management expects to maintain or improve the 15% operating margin target, with a cautious outlook due to market uncertainties [46][47] Question: Top line growth drivers for Consumer and Specialty - Management projects 4% to 8% growth in the Consumer and Specialties segment, driven by new products and market share gains [48][49] Question: Capital allocation and M&A pipeline - The company is positioned for both shareholder returns and potential acquisitions, with a focus on enhancing growth across all product lines [55][56] Question: Sources of efficiencies in Engineered Solutions - Management highlighted ongoing productivity improvements across the company, with specific gains noted in High Temperature Technologies and Metal Castings [62][66] Question: Details on the sale of refractory assets - The sale was part of a strategic decision to exit a small footprint in China, with production absorbed by other facilities [89][90] Question: Update on talc litigation - Management reported constructive progress in mediation regarding talc litigation, though no specific timeline for resolution was provided [95][96] Question: Expected new PCC startups in 2025 - Management anticipates several new projects in Asia and Europe, focusing on packaging and sustainability initiatives [99][100]

FOURTH QUARTER 2024 EARNINGS CONFERENCE CALL February 7, 2025 © 2024 Minerals Technologies Inc. All Rights Reserved. Forward-Looking Statements and Non-GAAP Measures This presentation may contain "forward‐looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations and forecasts of future events such as new products, revenues, and financial performance, and are not limited to describing historical or current facts. Th ...

Minerals Technologies (MTX) reported $518.1 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 1.2%. EPS of $1.50 for the same period compares to $1.28 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $522.43 million, representing a surprise of -0.83%. The company delivered an EPS surprise of +7.91%, with the consensus EPS estimate being $1.39.While investors closely watch year-over-year changes in headline numbers -- revenue and earni ...

Company Performance - Minerals Technologies (MTX) reported quarterly earnings of $1.50 per share, exceeding the Zacks Consensus Estimate of $1.39 per share and up from $1.28 per share a year ago, adjusted for non-recurring items [1] - The earnings surprise for this quarter was 7.91%, while the previous quarter saw a surprise of -1.31% with actual earnings of $1.51 per share against an expectation of $1.53 [2] - The company posted revenues of $518.1 million for the quarter ended December 2024, which was 0.83% below the Zacks Consensus Estimate and down from $524.5 million year-over-year [3] Market Performance - Minerals Technologies shares have declined approximately 0.4% since the beginning of the year, contrasting with the S&P 500's gain of 3.1% [4] - The current Zacks Rank for the stock is 4 (Sell), indicating expectations of underperformance in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $1.63 on revenues of $547.6 million, and for the current fiscal year, it is $6.81 on revenues of $2.22 billion [8] - The Chemical - Specialty industry, to which Minerals Technologies belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, suggesting potential challenges ahead [9]

In the release issued under this headline earlier today by Minerals Technologies Inc. (NYSE: MTX), there was an error in the condensed consolidated balance sheet table. The corrected release follows: Record Fourth Quarter and Full Year Operating Income and Earnings Per Share Excluding Special ItemsDelivered Full Year Operating Margin a Year Ahead of TargetContinued Strong Free Cash FlowImproved Balance Sheet Strength by Increasing Liquidity and Extending Debt Maturities NEW YORK, Feb. 06, 2025 (GLOBE NEWSWI ...