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Starcore Announces Third Quarter Production Results
Newsfile· 2025-02-19 17:14
Core Insights - Starcore International Mines Ltd. reported a significant increase in gold production at its San Martin Mine, producing 2,268 Equivalent ounces of gold in Q3 2025, a 55% increase from 1,466 ounces in the previous quarter [2][3] - The mine operations returned to normal after a two-month suspension, and the company anticipates further improvements in production due to the mining of oxide ore and the recovery of gold and silver from carbonaceous ore [2][3] - The expected reserves from the carbonaceous ore amount to an additional 1 million tonnes with an average grade of 3.1 grams of gold and 20 grams of silver per tonne [2] Production Metrics - Ore Milled: 46,730 tonnes in Q3 2025, a decrease of 3% from 48,248 tonnes in Q2 2025, and a 14% decrease year-to-date [3] - Gold Equivalent Ounces: 2,268 ounces in Q3 2025, up 55% from 1,466 ounces in Q2 2025, and a slight decrease of 4% year-to-date [3] - Gold Grade: 1.74 grams/ton in Q3 2025, a 58% increase from 1.10 grams/ton in Q2 2025, and a 16% increase year-to-date [3] - Silver Grade: 11.08 grams/ton in Q3 2025, a 13% increase from 9.81 grams/ton in Q2 2025, but a 6% decrease year-to-date [3] - Gold Recovery: 82.44% in Q3 2025, a 3% increase from 80.25% in Q2 2025, and a 4% decrease year-to-date [3] - Silver Recovery: 49.10% in Q3 2025, nearly unchanged from 49.16% in Q2 2025, with a 10% increase year-to-date [3] Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and has expanded its operations internationally, including a project in Côte d'Ivoire [4] - The company emphasizes Corporate Social Responsibility and aims to make value-driven decisions to enhance long-term shareholder value [4]
Top Rank Boxing Announces Twisted Tea as the Official Malt Beverage Partner for 2025
Newsfilter· 2025-02-12 17:00
Core Insights - Twisted Tea Hard Iced Tea has expanded its partnership with Top Rank, becoming the Official Malt Beverage Partner for Top Rank's 2025 events, enhancing its presence in the boxing industry [1][2][3] Company Overview - Twisted Tea is recognized as the number one hard iced tea brand in the United States, founded in 2001, and is known for its smooth and refreshing taste made from real brewed tea [5] - The Boston Beer Company, which owns Twisted Tea, has been a significant player in the craft beverage industry since 1984, producing various products including hard cider, hard seltzer, and hard tea [6] Industry Collaboration - The partnership will feature Twisted Tea as the "Official Walkout Partner," providing fans with unique experiences and branded content during boxing events [2][3] - The collaboration includes four shoulder programming shows that will highlight the "Greatest Hits" of Top Rank fighters, aiming to enhance fan engagement [2] Event Highlights - The expanded partnership will debut with a lightweight championship bout on February 14, 2025, featuring WBO world champion Denys Berinchyk defending his title against Keyshawn Davis at Madison Square Garden [3]
Top Rank Boxing Announces Twisted Tea as the Official Malt Beverage Partner for 2025
Globenewswire· 2025-02-12 17:00
Core Insights - Twisted Tea Hard Iced Tea has expanded its partnership with Top Rank, becoming the Official Malt Beverage Partner for Top Rank's 2025 events, enhancing fan experiences through in-arena presence and branded content [1][2][3] Company Overview - Twisted Tea is recognized as the nation's leading hard iced tea brand, founded in 2001, and is known for its smooth and refreshing taste made from real brewed tea [5] - The Boston Beer Company, which owns Twisted Tea, has been a significant player in the craft beverage industry since 1984, producing various products including hard cider and hard seltzer [6] Industry Context - Top Rank, established in 1973, is a leading boxing promotion company known for developing and promoting top international boxing stars [7] - The partnership aims to leverage Top Rank's roster of world-class fighters to create unique fan experiences, including exclusive content and branded integrations [2][3]
Dogfish Head Keeps the Music Alive, Partners with Grateful Dead to Debut a NEW Collaborative Beer, Grateful Dead Juicy Pale Ale
Newsfilter· 2025-02-11 15:13
Core Insights - Dogfish Head Craft Brewery and Grateful Dead have launched a new collaborative beer, Grateful Dead Juicy Pale Ale, which is now available nationwide in 6-pack/12oz cans [1][2] - The beer has an ABV of 5.3% and is brewed with Kernza® perennial grains, granola, and hops that impart tropical flavors [2][3] - This collaboration marks a continuation of a partnership that began in 2013, celebrating both Dogfish Head's 30th anniversary and Grateful Dead's 60th anniversary in 2025 [3][4] Product Details - Grateful Dead Juicy Pale Ale features tropical notes of pineapple, mango, and passion fruit, creating a refreshing and light-bodied beer [2] - The beer is designed to appeal to a broad audience, including both "Dead Heads" and "Hop Heads" [3][5] Historical Context - The collaboration between Dogfish Head and Grateful Dead has produced several beers over the years, including American Beauty and American Beauty Hazy Ripple IPA [3][4] - The partnership is characterized by a shared commitment to creativity, community, and innovation [5] Launch Event - A launch celebration for Grateful Dead Juicy Pale Ale is scheduled for March 12 at Brooklyn Bowl in Williamsburg, Brooklyn, featuring a live performance by a Grateful Dead cover band [6]
Sun Cruiser Makes a Big Game Play with Regional Ad Buy Amid Rapid Expansion
Globenewswire· 2025-02-05 15:07
Core Insights - Boston Beer Company's Sun Cruiser Iced Tea & Vodka aims to become America's 1 premium hard tea brand, launching a TV commercial during the Big Game [1][2] - The brand is expanding nationally just one year after its regional debut, with the commercial airing in key media markets [2][4] - The company is increasing investment in the brand, including a dedicated sales team and a new product launch, Sun Cruiser Lemonade & Vodka [4][5] Group 1 - Sun Cruiser Iced Tea & Vodka is positioned as a must-have drink for game day celebrations, appealing to football fans [1][7] - The 15-second commercial titled "Let the Good Times Cruise" emphasizes the brand's refreshing and easy-drinking nature [3] - The founder of Boston Beer Company, Jim Koch, highlights the rapid growth of Sun Cruiser, stating that the ad marks a significant moment for the brand [4] Group 2 - The Big Game advertisement is part of a broader media strategy, including national TV and digital advertising to support retail expansion [4] - The company is enhancing its sales force and expanding its brand ambassador program to increase market presence [4] - Sun Cruiser Lemonade & Vodka is being introduced as a new product, featuring a blend of real lemonade and premium vodka, available in various packaging options [5]
Starcore Enters into Share Purchase Agreement to Acquire Cote d'Ivoire Projects
Newsfile· 2025-02-03 07:30
Core Viewpoint - Starcore International Mines Ltd. has entered into a Share Purchase Agreement to acquire K Mining SARL, a private gold exploration company in Côte d'Ivoire, which holds seven gold permit applications covering a total area of 1,393 km², including the Kimoukro Project of 14.47 km² [1]. Agreement Details - The acquisition cost is Cdn$500,000, and the agreement is subject to approval by the ministerial authorities in Côte d'Ivoire. Upon approval, Starcore will issue a Promissory Note to the sole shareholder, SPAM SRL, with an interest rate of 2.0% per annum, maturing in three years [2]. - Additional payments are stipulated in the agreement: - US$500,000 will be paid upon receipt of a NI 43-101 compliant report estimating at least 500,000 ounces of gold or gold equivalent on any exploration permits [3]. - An additional US$500,000 will be paid upon receipt of a preliminary positive feasibility report on any portion of the exploration permits [4]. Strategic Importance - The acquisition will make K Mining a wholly-owned subsidiary of Starcore, enhancing its gold exploration projects in central Côte d'Ivoire. This move is part of Starcore's strategic expansion and diversification aimed at asset building for shareholders [5]. - Starcore is primarily engaged in precious metals production, with a focus on Mexico, and has expanded its operations internationally, including the new project in Côte d'Ivoire. The company emphasizes Corporate Social Responsibility and aims to increase long-term shareholder value [5].
SAM NAZARIAN'S SBE, ALONG WITH PARTNERS MARC ANTHONY AND WYNDHAM HOTELS & RESORTS, ANNOUNCE OPENING OF FIRST LUXURY HQ RESORT & RESIDENCES, AT THE CELEBRATED HODGES BAY RESORT IN ANTIGUA
Prnewswire· 2025-01-27 17:21
Core Insights - HQ Hotels & Residences, in partnership with Wyndham, aims to establish a portfolio of 50 lifestyle hotels and residences by 2031, with 50% of these located in the United States [10] - The debut property, Hodges Bay Resort and Spa, is positioned as a luxury destination in Northern Antigua, featuring unique dining experiences and entertainment options [2][3] - The strategic alliance combines sbe's lifestyle hospitality expertise with Wyndham's extensive resources, targeting modern travelers and loyalty program members [3][10] Company Overview - HQ Hotels & Residences is led by entrepreneur Sam Nazarian and focuses on innovative lifestyle hospitality, aiming to create desirable destinations that cater to evolving traveler needs [11] - The brand will leverage partnerships with renowned chefs and culinary visionaries to offer exclusive dining and nightlife experiences [11] - Wyndham Hotels & Resorts is the largest hotel franchising company globally, with approximately 9,200 hotels and a loyalty program boasting around 112 million enrolled members [12] Property Features - Hodges Bay Resort and Spa spans eight acres of tropical gardens and pristine beaches, offering 79 luxury accommodations, including suites and oceanfront villas [7][9] - The resort will feature acclaimed dining concepts such as Katsuya Beach by Chef Katsuya Uechi and Hecho Libre by Chef Wes Avila, enhancing its culinary offerings [5][6] - XIV Beach Club, known for its exclusivity, will be reimagined at Hodges Bay, providing a unique day and nightlife experience [4] Market Positioning - The partnership aims to elevate Antigua and Barbuda's tourism profile, positioning the region as a premier destination in the Caribbean [3] - HQ Hotels is designed to serve as a "headquarters" for exceptional experiences in urban locations, appealing to a diverse range of travelers [10] - The brand's focus on innovation and cultural elements is expected to attract a new generation of aspirational travelers [3][11]
Boston Beer Stock Hits 6-Year Lows on Downgrade
Schaeffers Investment Research· 2025-01-23 15:45
Group 1 - Boston Beer Company Inc (NYSE:SAM) is experiencing a decline, currently down 2.5% at $243.98, marking a six-year low following a downgrade by Piper Sandler from "overweight" to "neutral" and a price target reduction from $370 to $275 [1] - Piper Sandler's downgrade reflects a broader bearish sentiment, with only one out of 15 analysts maintaining a "buy" rating, while the 12-month consensus price target of $298.69 indicates a 22.4% premium to current levels [2] - The stock has dropped 18.7% year-to-date, with only two days of gains since January 2, and is trading below all significant daily moving averages, facing pressure from the 10-day moving average since mid-December [2] Group 2 - Short interest in Boston Beer Company has decreased by 5.4% over the last two weeks, but the stock has not benefited from this short covering, indicating underlying technical weakness [3]
Should Value Investors Buy The Boston Beer Company (SAM) Stock?
ZACKS· 2025-01-16 15:40
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current ...
Down -15.32% in 4 Weeks, Here's Why Boston Beer (SAM) Looks Ripe for a Turnaround
ZACKS· 2025-01-16 15:35
Boston Beer (SAM) has been on a downward spiral lately with significant selling pressure. After declining 15.3% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...