Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the best Canadian stocks to buy under $20. On February 19, Equinox Gold achieved record production in 2025, delivering 922,000 ounces of gold. The company reduced net debt from $1.4 billion in mid-2025 to just $75 million by the end of January 2026. Furthermore, the company was able to make $681.40 million in Q4 revenue, which was an 18.50% increase year-over-year. The growth was driven by the ramp-up of the Greenstone and Valentine mines. Greenstone saw a ...

All monetary amounts are expressed in Canadian dollars, unless otherwise indicated. TORONTO, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Highlander Silver Corp. (TSX: HSLV) (“Highlander Silver”) and Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek”) are pleased to announce the successful completion of the previously announced plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia) (the “Arrangement”) and the concurrent closing of the debt sett ...

Core Viewpoint - Bear Creek Mining Corporation has received approval from its shareholders and other voting security holders for the acquisition by Highlander Silver Corp. and the interest deferral agreements with Royal Gold, Inc. and Equinox Gold Corp. [1][2] Voting Results - The acquisition plan required a minimum of 66⅔% approval from Bear Creek Shareholders and Voting Securityholders, which was achieved with 99.41% and 99.43% approval respectively [2][4] - The votes for the acquisition by Bear Creek Shareholders totaled 175,193,313 in favor and 1,041,723 against, representing 99.41% approval [4] - The votes from Voting Securityholders, voting as a single class, showed 183,047,477 in favor and 1,041,723 against, equating to 99.43% approval [4] - For the minority approval requirement, Bear Creek Shareholders approved the acquisition with 75,699,192 votes in favor (98.64%) [4] Interest Deferral Agreements - The special resolution for the Interest Deferral Agreements also received strong support, with 78,492,116 votes in favor (98.65%) from Bear Creek Shareholders, excluding those required for minority approval [5] - The completion of the acquisition and agreements is subject to regulatory approvals from the TSX Venture Exchange, the Toronto Stock Exchange, and the Supreme Court of British Columbia, with an expected closing date in late February [5]

Core Insights - Centerra Gold Inc. (CGAU) is expected to report fourth-quarter 2025 results on February 19, with earnings anticipated to show operational momentum supported by stable production and disciplined cost control amid favorable gold prices [1][6]. Earnings Estimates - The Zacks Consensus Estimate for fourth-quarter earnings has increased over the past 30 days, now projected at 34 cents per share, indicating a 100% year-over-year increase [2][6]. - The earnings estimate trend shows a significant upward revision, with a 30.77% increase for Q1 and an 81.82% increase for Q2 [3]. Operational Performance - CGAU's performance is driven by solid production at Mount Milligan and Oksut, with all-in sustaining costs (AISC) in the mid-$1,600s range [5][6]. - The company faced a structurally higher cost base, with gold production costs around the mid-$1,300s per ounce, influenced by mine sequencing and inflationary pressures [7]. Market Position and Valuation - CGAU's stock has increased by 193.2% over the past year, outperforming the Zacks Mining – Gold industry's 140% rise and the S&P 500's 13.9% increase [9]. - The company is currently trading at a forward 12-month sales multiple of 3.00, which is approximately 15% lower than the industry average of 3.52 [12]. Investment Thesis - Centerra Gold is positioned for steady production and improving cost visibility, with a balanced exposure to gold and copper, supported by stable grades and disciplined cost control [15]. - The company is expected to maintain positive momentum into the fourth quarter, bolstered by operational consistency and favorable pricing dynamics, reinforcing a buy recommendation [16].

Group 1: Company Overview - Equinox Gold Corp. is engaged in the exploration, operation, acquisition, and development of mineral properties in the Americas, primarily focusing on silver and gold deposits. The company was founded in 2007 and is based in Vancouver, Canada [4]. Group 2: Recent Developments - On February 2, Equinox Gold released updated results from its 2025 diamond drilling program at the Valentine Gold Mine in Newfoundland & Labrador, highlighting a new gold discovery and successful expansion of mineralization across the property. The drilling confirmed the discovery of the Minotaur Zone, located approximately 8 km northwest of the mill, with results showing broad intervals of high-grade mineralization [2]. - CEO Darren Hall stated that the latest drill results enhance confidence in the scale and quality of the Valentine Gold District, particularly at the Frank Zone, where consistent high-grade gold mineralization over broad widths supports the potential for a new open pit, contributing to production growth and extending the mine life beyond the current 14-year plan [3]. Group 3: Analyst Upgrades - CIBC analyst Anita Soni upgraded Equinox Gold from Neutral to Outperformer on February 4, raising the price target from C$21.50 to C$31. This upgrade reflects a more bullish outlook on the gold market, with increased gold price assumptions to $6,000 per ounce in 2026, $6,500 per ounce in 2027, and $6,000 per ounce in 2028. The firm believes that the demand drivers supporting gold prices in 2025 will continue into 2026 [1].

最近国际黄金市场出现了大幅波动，2026年1月底，COMEX黄金在1月30日单日跌幅达8.35%，现货黄 金累计暴跌超10%，现货白银一度重挫35%。 这种急跌让不少投资者联想到2013年那场令人记忆深刻的 暴跌，但仔细分析后发现，这次的情况与2013年有着本质区别。 当时出现的"中国大妈抢金潮"成为市场焦点。 在北京、上海等地的金店中，人们争相购买金条和金 饰，有人甚至携带数十万现金在1500美元附近抄底。 2013年4月金银珠宝类社零同比增速达72.16%，较 3月26.3%的增速显著提升。 2013年中国黄金消费需求增长32%至1065.8吨，创历史新高。 然而，这些 抄底行为最终未能扭转跌势，金价于2013年12月跌至1180美元年度低点，大量散户投资者在高价抢购的 黄金最终在2018年才逐渐解套。 与2013年相比，2026年的黄金市场在宏观背景上存在根本差异。 2013年暴跌标志着黄金十年牛市的终 结，而当前黄金牛市行情尚未结束。 2025年年初至今，黄金价格不断攀升，伦敦黄金现货价格创历史 新高，升至4643美元/盎司。 货币政策环境也截然不同。 2013年美联储明确释放退出量化宽松信号，市场预 ...

Core Viewpoint - i-80 Gold has secured a $500 million financing package to support its mine development plans and eliminate debt, aiming to achieve mid-tier gold producer status with a total of $800 million raised [1][5]. Funding and Financial Strategy - The $500 million funding package includes a $250 million royalty sale to Franco-Nevada, which will provide a 1.5% life-of-mine net smelter return royalty, increasing to 3% by January 1, 2031 [6]. - Of the total funding, $225 million is expected to be available at closing in March, with an additional $25 million available in 2026 for the Mineral Point project [7]. - The company has also secured a gold prepay facility with National Bank and Macquarie for an initial advance of $150 million, with a $100 million accordion feature [7]. Production Goals and Phased Development Plan - i-80 Gold aims to increase its production to 600,000 ounces per year by 2024, up from the current production of approximately 50,000 ounces [2]. - The financing will fund the first two phases of the development plan, expected to increase annual production to approximately 300,000–400,000 ounces, representing a potential six-to-eight-fold increase [3]. - Phase 1 focuses on ramping up the Granite Creek mine and developing the Archimedes project, while Phase 2 involves expanding the Cove underground mine and the Granite Creek open pit [4]. Debt Management - The proceeds from the financing will also extinguish the company's existing debt obligations of approximately $175 million [9]. - The company aims to transition the gold prepay facility into a corporate revolver after completing Phase 1 to fund the development of the Mineral Point project, which has significant gold-silver resources [10].

Core Insights - Metalla Royalty & Streaming Ltd. announced preliminary results for 2025, expecting record revenues of $11.7 million, a 99% increase from $5.9 million in 2024 [1] - The company anticipates receiving payments on 3,436 attributable Gold Equivalent Ounces (GEOs), a 38% increase from 2,481 GEOs in 2024 [1] - The company plans to release its 2026 guidance on March 26, 2026, alongside its audited financial statements [1] Preliminary 2025 Results - Record revenue from royalty and stream interests is projected at $11.7 million, up 99% from 2024 [1] - Expected payments on 3,436 GEOs represent a 38% increase compared to 2024 [1] - The company faced ramp-up delays and a safety incident affecting GEOs at Endeavor Mine and Wharf Mine [1] Asset Updates - **Tower Mountain**: Inaugural Indicated Mineral Resource estimate of 514 Koz with 34.5Mt averaging 0.46 g/t gold; Inferred Mineral Resource of 3.05 Moz with 221.1Mt averaging 0.45 g/t gold, with a Scoping Study expected in 2027 [2] - **15-Mile**: Prefeasibility Study outlines an average production profile of 103 Koz gold over 11 years [2] - **Del Toro**: Acquisition by Sierra Madre announced, with plans to restart operations in mid-2027 [2] - **Gurupi**: $21 million resource expansion budget for 2026; preliminary economic assessment targeted for H2 2026 [1][2] - **Wharf**: Reports of a fire at the Wharf mine crushing facility, with all workers accounted for [1][2] - **Taca Taca**: Key milestones expected in H1 2026, including environmental and social impact assessment approvals [1][2] - **Castle Mountain**: Phase 2 Permitting Record of Decision expected in December 2026 [1] Corporate Updates - Metalla awarded 247,375 restricted share units and 475,700 stock options to directors, officers, and employees [2] - The company retained Sideways Frequency LLC for marketing services at a rate of $150,000 per month for an initial three-month term [3]

Core Insights - Equinox Gold Corp. is identified as one of the most undervalued gold stocks, with analysts highlighting its potential for investment [1] Group 1: New Discoveries and Drilling Plans - Equinox Gold announced a new AI-supported gold discovery at its Valentine Gold Mine, specifically identifying the Minotaur Zone and expanding the Frank Zone [1] - The Minotaur Zone is located 8 km from the existing mill, with initial drilling confirming mineralization over a 700-metre strike length that remains open in all directions [1] - High-grade results from the Minotaur Zone include 2.68 g/t gold over 32 metres and surface samples reaching as high as 650 g/t gold, leading to a planned 15,000 to 20,000 metres of dedicated drilling for 2026 [2] - Drilling at the Frank Zone has revealed continuous high-grade gold mineralization, including intercepts of 22.10 g/t gold over 6.3 metres and 3.12 g/t gold over 63.9 metres, supporting the potential for a new open pit that could extend the mine's current 14-year life [2] Group 2: Analyst Ratings and Price Target - BMO Capital analyst Kevin O'Halloran increased the price target for Equinox Gold from C$20 to C$26 while maintaining an Outperform rating [3] Group 3: Company Overview - Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas, primarily focusing on gold and silver deposits [4]

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