Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") is pleased to announce results of the Induced Polarisation and Resistivity and ground Magnetic survey (the Geophysical survey) carried out on its Kimoukro gold project in the central Ivory Coast, some 30 km south of the country's capital, Yamoussoukro. SAGAX Afrique sarlu ("Sagax"), under supervision of Mr. Jean David, completed the IP and ground mag program in early Oc ...

BOSTON, April 03, 2025 (GLOBE NEWSWIRE) -- The Boston Beer Company has joined forces with AEG Presents, a global leader in live entertainment, to bring its portfolio of brands—headlined by Sun Cruiser Iced Tea & Vodka and also including Truly Hard Seltzer, Twisted Tea Hard Iced Tea, and Angry Orchard Hard Cider—to the heart of the live music experience. The multiyear partnership, brokered by AEG Presents Global Partnerships, will see The Boston Beer Company activate its flagship brands across nearly 30 AEG ...

Core Viewpoint - Boston Beer has experienced a significant decline in revenue growth, moving from over 39% in 2020 to a projected 3.9% decline in 2023 and only a 0.2% increase in 2024, indicating a need for more substantial top-line gains to restore investor confidence [3][4]. Revenue Performance - The company's revenue is expected to reach $2.01 billion in 2024, reflecting a stagnation in growth [3]. - Analysts predict earnings of $10.26 per share in 2025, leading to a forward P/E ratio of approximately 22.8, which is generally considered a good buy, but the lack of revenue growth raises concerns [9]. Earnings Analysis - For 2024, Boston Beer reported adjusted earnings of $9.43 per diluted share, a 31.5% year-over-year increase, but GAAP earnings are projected to be between $8.00 and $10.50 per share, showing little change from 2024 [4][5]. - The company incurred a significant brand impairment charge of $4.37 per share, which impacts the GAAP earnings outlook [4]. Market Dynamics - The craft beer market is facing challenges, with production declining by 2% in 2024 after a 1% decline in 2023, which affects Boston Beer’s growth potential [6]. - Boston Beer remains heavily reliant on its Sam Adams brand, and any weakness in this area could hinder meaningful growth [7]. Strategic Initiatives - The company is diversifying its product lineup with new offerings like Truly hard seltzer and the upcoming Sun Cruiser brand of vodka and iced tea cocktails, but the effectiveness of these initiatives in driving overall growth remains uncertain [6][12]. - Increased advertising spending is planned, which may help improve sales, but the overall market conditions present challenges [8]. Financial Health - Boston Beer’s total stockholders' equity has declined to $916 million, while its market capitalization is nearly $2.7 billion, indicating potential valuation issues [10]. - The company is seen as a victim of its own success, facing intense competition in a saturated craft beer market [11].

Core Viewpoint - Starcore International Mines Ltd. provides an update on the geological characteristics of its Kimoukro Project, located in the Fetekro-Oumé greenstone belt in Côte d'Ivoire, highlighting its potential for gold mineralization due to favorable geological conditions [1][21]. Geological Overview - The Kimoukro Project is situated in a fully-permitted exploration area within the Fetekro-Oumé greenstone belt, known for hosting significant gold deposits, yet remains underexplored [2][21]. - The Fetekro-Oumé greenstone belt consists of Paleoproterozoic basalts, andesites, and volcano-sedimentary sequences, characterized by structural complexity and deformation from the Eburnean Orogeny [3][4]. - The local geology includes alluvial sediments, primarily clay, with gold anomalies, and a maximum thickness of 20 meters [6][7]. Structural Geology - The structural framework reflects progressive deformation from the Eburnean orogeny, with steeply dipping foliation planes and evidence of multiple tectonic events [9][10][12]. - The area has undergone significant deformation phases, with quartz veining associated with shear deformation and varying structural styles depending on the host rock [13][18]. Mineralization - Gold mineralization at Kimoukro is both primary and secondary, with primary mineralization being structurally controlled and associated with shear quartz veins and intrusion-related systems [14][21]. - Significant gold anomalies have been identified, including a 2 km x 600 m area with over 50 ppb Au and a 600 x 400 m zone with over 200 ppb Au [15][16]. - Artisanal mining activities have returned gold grades between 0.5 to 1.5 g/t Au, with peaks of 18 g/t Au near granite-tonalite contacts [16][19]. Exploration Potential - The geological characteristics and mineralization styles at Kimoukro align with key gold systems in the Fetekro-Oumé belt, indicating strong potential for further discoveries [21]. - Exploration targets include deformation and alteration halos around granite-tonalite contacts, which are considered prospective for further exploration [20].

Investors with an interest in Beverages - Alcohol stocks have likely encountered both Molson Coors Brewing (TAP) and Boston Beer (SAM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with p ...

On Thursday, plenty of investors bellied up to the bar to put money into Boston Beer (SAM 2.20%) stock. Best known as the brewer of the Samuel Adams line of suds, the company received a recommendation upgrade from a top U.S. bank tracking its fortunes. In mid-afternoon trading, Boston Beer's share price was up by more than 3%.Fizzy potentialWell before the market open that morning, Citigroup's Filippo Falorni pushed his Boston Beer recommendation up one peg, to buy from the previous neutral. He also raised ...

MILTON, Del., March 20, 2025 (GLOBE NEWSWIRE) -- The first official day of spring calls for a toast and Dogfish Head has a boatload of delicious beverages perfect for the occasion! Best enjoyed while soaking up the sun, the following beers and cocktails are now available from coast-to-coast. Track some down using Dogfish Head's Fish Finder. First up is Tropical Squall, Dogfish Head's new Imperial Golden Ale brewed with pineapple and mango. Clocking in at 9.0% ABV, this juicy refresher offers a wave of sweet ...

MILTON, Del., March 20, 2025 (GLOBE NEWSWIRE) -- The first official day of spring calls for a toast and Dogfish Head has a boatload of delicious beverages perfect for the occasion! Best enjoyed while soaking up the sun, the following beers and cocktails are now available from coast-to-coast. Track some down using Dogfish Head’s Fish Finder. First up is Tropical Squall, Dogfish Head’s new Imperial Golden Ale brewed with pineapple and mango. Clocking in at 9.0% ABV, this juicy refresher offers a wave of sweet ...

America’s Most Premium Light Beer Ensures Basketball Fans Secure the Best Seats in the House Samuel Adams American Light Helps Fans Upgrade Their Beer and Lock In Their Seat for Tip-Off The New Spot Clock gives basketball fans up to two minutes to grab their next cold American Light without losing their seat. Boston, MA, March 18, 2025 (GLOBE NEWSWIRE) -- Samuel Adams, America’s #1 most trusted craft beer brand[1], commemorates the nationwide launch of its award-winning Samuel Adams American Light by pu ...

Core Insights - Starcore International Mines Ltd. has successfully conducted an in-plant test of the CIL circuit to treat carbonaceous ore at its San Martin mine, achieving over 80% recovery of gold and 63% recovery of silver from approximately 2000 tonnes of ore with a gold grade of 2.2 g/t and silver grade of 20.7 g/t [1][2] - The company plans to process 100 tonnes per day of carbonaceous ore, increasing to 180 tonnes per day, with further modifications allowing for full capacity processing of 800 tonnes per day by the end of 2025 [2][3] - The carbonaceous mineral resource at San Martin is reported to be 880 thousand tonnes, yielding a total of 77,461 ounces of gold equivalent, indicating significant potential for resource expansion [4][5] Company Developments - The engineering firm Kappes, Cassiday & Associates (KCA) is modifying the San Martin plant for continuous processing of carbonaceous ore, which is expected to significantly boost cash flow due to its higher gold content compared to oxide ore [2][3] - The geological department at San Martin is actively evaluating the carbonaceous ores, anticipating a substantial increase in both the tonnage and gold grade of the available resource [3][4] - Starcore International Mines is recognized for its commitment to Corporate Social Responsibility and aims to enhance long-term shareholder value through its operations and projects [6]