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First Majestic Inks Deal to Sell Its Del Toro Mine to Sierra Madre
ZACKS· 2025-12-19 16:21
Key Takeaways AG struck a definitive deal to sell the Del Toro Silver Mine in Mexico to Sierra Madre Gold & Silver. First Majestic will receive up to $60M via $20M cash, $10M shares at close, plus staged payments.AG may earn extra $20M if resource and production milestones are met within 48 to 60 months.First Majestic Silver Corp. (AG) announced that it has inked a definitive agreement with Sierra Madre Gold & Silver Ltd. to sell the Del Toro Silver Mine. The Del Toro Mine, located in Mexico, is a past-prod ...
Toro Corp.: Surprise Special Dividend And Potential Major Catalyst Approaching - Buy
Seeking Alpha· 2025-12-19 12:15
We also offer income-focused picks for those who prefer lower-risk firms with steady dividend payouts. Our 10-year track record proves the ability of our analyst team to outperform across all market conditions.Value Investor's Edge provides the world's best energy, shipping, and offshore market research. Over the past decade, we have achieved an annualized return of almost 40% with a long-only model portfolio return of over 23x.I have covered Toro Corp., or "Toro" ( TORO ), previously, so investors should v ...
First Majestic Announces Proposed Sale of the Del Toro Silver Mine for up to US$60M
TMX Newsfile· 2025-12-17 22:14
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that it has entered into a definitive agreement (the "Agreement") dated December 17, 2025 to sell its 100%-owned past producing Del Toro Silver Mine located in the Municipality of Chalchihuites, Zacatecas, Mexico ("Del Toro"), to Sierra Madre Gold & Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre") for total considera ...
Sierra Madre Announces Agreement to Acquire the Del Toro Silver Mine from First Majestic Silver and Concurrent $50 Million Offering of Subscription Receipts
TMX Newsfile· 2025-12-17 21:50
Addition of second production-ready asset to the Sierra Madre portfolioDel Toro mine restart to follow La Guitarra ExpansionsVancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Purchase Agreement") on December 17, 2025 to acquire the Del Toro Silver Mine in the Chalchihuites District in Mexico ("Del Toro") from First Majes ...
Toro (TTC) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-12-17 15:41
分组1 - Toro reported quarterly earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of $0.86 per share, but down from $0.95 per share a year ago, representing an earnings surprise of +5.81% [1] - The company achieved revenues of $1.07 billion for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 2.09%, although this is a slight decrease from year-ago revenues of $1.08 billion [2] - Toro has surpassed consensus EPS estimates in all four of the last quarters, but has only topped consensus revenue estimates once during the same period [2] 分组2 - The stock has underperformed, losing about 9.3% since the beginning of the year, compared to the S&P 500's gain of 15.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.81 on revenues of $990.01 million, and for the current fiscal year, it is $4.67 on revenues of $4.59 billion [7] - The Tools - Handheld industry, to which Toro belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]
The Toro Company Reports Fourth-Quarter and Full-Year Fiscal 2025 Financial Results
Businesswire· 2025-12-17 13:30
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today reported results for its fiscal fourth-quarter and full-year ended October 31, 2025. Fourth quarter net sales were $1.07 billion, compared to $1.08 billion in the same period of fiscal 2024. Full-year net sales were $4.51 billion, compared to $4.58 billion in fiscal 2024, with most of the difference due to prior year divestitures of non-core assets. Fourth. ...
Toro Corp. (TORO) Skyrockets After Announcing Special Dividend
Yahoo Finance· 2025-12-08 20:03
Core Insights - Toro Corp. (NASDAQ:TORO) experienced a significant share price increase of 45.36% from November 28 to December 5, 2025, making it one of the top-performing energy stocks during that week [1] - The company announced a special one-time dividend of $1.75 per share, which is set to be paid to shareholders of record as of December 16, 2025, on January 16, 2025 [2] - Toro Corp.'s third-quarter results showed a revenue increase of 1.9% year-over-year to $5.4 million, attributed to higher contractual hire rates for its LPG carrier vessels, while net income rose by 30% year-over-year to $1.3 million [3] Financial Performance - Revenue for the third quarter reached $5.4 million, reflecting a 1.9% increase compared to the previous year [3] - Net income for the same period was reported at $1.3 million, marking a 30% growth year-over-year [3] - Earnings per share (EPS) from continuing operations improved to $0.01, compared to a loss of $0.01 per share in the same quarter last year [3] Stock Performance - Since the beginning of 2025, Toro Corp.'s share price has surged by over 1,000% [4]
Toro Corp. Declares Special Dividend of $1.75 Per Share 
Globenewswire· 2025-12-05 14:05
Core Viewpoint - Toro Corp. has declared a one-time special dividend of $1.75 per common share, which can be received in cash or common shares, payable to shareholders of record on December 16, 2025, with an expected payment date of January 16, 2026 [1][2] Dividend Details - The special dividend represents more than 25% of the trading price of the Company's common shares, leading to the shares trading with "due bills" [1][5] - Shareholders wishing to receive the dividend in cash do not need to take any action, while those opting for common shares must base their election on the 20-day volume weighted average price (VWAP) of $3.8386 per share [3][4] - An information letter and election form will be sent to shareholders after the record date, and completed forms must be received by the transfer agent by January 5, 2026 [4] Due Bill Period - The due bill period runs from the record date of December 16, 2025, to the payment date of January 16, 2026, during which buyers of shares will be entitled to the dividend [5][6] - Sellers during this period will not receive the dividend, and buyers will not have the option to elect for shares if purchased during this time [6][7] Company Overview - Toro Corp. is a global energy transportation services provider with a fleet that includes two LPG carriers and two MR tanker vessels, transporting petrochemical gases and refined petroleum products worldwide [8]
Toro Corp. Reports Net Income of $1.3 Million for the Three Months Ended September 30, 2025 and $4.3 Million for the Nine Months Ended September 30, 2025
Globenewswire· 2025-12-05 13:55
Core Insights - Toro Corp. reported its financial results for the third quarter and nine months ended September 30, 2025, highlighting a stable performance despite some declines in revenue and net income compared to the previous year [1][2]. Financial Performance - Third Quarter - Total vessel revenues from continuing operations increased to $5.4 million, a 1.9% increase from $5.3 million in the same period of 2024 [5][6]. - Net income from continuing operations rose to $1.3 million, reflecting a 30% increase from $1.0 million in the third quarter of 2024 [5][6]. - EBITDA from continuing operations was $1.6 million, compared to a loss of $0.1 million in the same period last year [5][6]. - The average Daily TCE Rate improved to $13,363 from $11,426 in the same period of 2024 [6][41]. Financial Performance - Nine Months - Total vessel revenues from continuing operations decreased to $15.0 million, a 12.8% decline from $17.2 million for the nine months ended September 30, 2024 [5][28]. - Net income from continuing operations was $4.2 million, down 6.7% from $4.5 million in the same period last year [5][28]. - Net income overall dropped significantly to $4.3 million, an 82.2% decrease from $24.2 million for the nine months ended September 30, 2024 [5][28]. - EBITDA for the nine months was $3.8 million, up from $1.7 million in the same period of 2024 [5][28]. Operational Developments - The company acquired two MR tanker vessels and sold two LPG carriers during the third quarter, indicating ongoing fleet management activities [4]. - The spin-off of the Handysize tanker segment to Robin Energy Ltd. was completed on April 14, 2025 [5]. Cash Flow and Liquidity - Cash position decreased by $12.1 million to $25.1 million as of September 30, 2025, primarily due to net operating cash flows used in continuing operations and financing activities [15][38]. - The company made a capital contribution of $10.4 million to Robin in connection with the spin-off [15]. Recent Business Developments - On October 15, 2025, Toro received dividends from Castor and Robin, amounting to $1.25 million and $0.125 million, respectively [16]. - An "at-the-market" offering agreement was established on November 13, 2025, allowing the company to sell common shares valued up to $12.5 million for various corporate purposes [18].
Tornado Infrastructure Equipment Securityholders Approve Arrangement With the Toro Company
Accessnewswire· 2025-12-02 22:00
Core Points - Tornado Infrastructure Equipment Ltd. announced that at a special meeting, securityholders voted in favor of a special resolution for a plan of arrangement involving the Company, The Toro Company, and Tornado Acquisition Company ULC [1] - The plan involves the Purchaser acquiring all issued and outstanding Class "A" common shares of Tornado for cash consideration of CAD $1.92 per share [1] Company Summary - Tornado Infrastructure Equipment Ltd. is set to undergo a significant transaction with The Toro Company and its affiliate, indicating a strategic move in the market [1] - The approval from securityholders reflects strong support for the arrangement, which may enhance shareholder value through the cash acquisition [1]