Harmony Gold Mining Company Limited (NYSE:HMY) is one of the top stocks to buy as gold rallies. On October 6, the company acquired MAC Copper Limited via a Jersey law scheme of arrangement. The company’s Australian subsidiary (Harmony Gold (Australia) Pty Ltd) is the buyer. The transaction is valued at approximately AU$1.08 billion, a 20% premium to MAC’s recent share price. Harmony Gold will purchase 100% of MAC Copper’s issued share capital for AU$12.25 per share in cash. Harmony (HMY) Acquires MAC Copp ...

The prospect of interest rate cuts this month and through the rest of the year is elevating prices for gold, but silver is also benefiting. The precious/industrial metal crossed the $40 price mark in the first week of September, which it hasn't done since 2011. Silver is also reaping the benefits of a move into safe haven assets as market uncertainty continues to loom over the capital markets. Stubborn and sticky inflation hints that the economy is still running hot. That also helps silver, since it can mov ...

Core Viewpoint - Microvast Holdings (MVST) has demonstrated exceptional stock performance, with a 1162.3% increase over the past year, significantly outperforming its industry and the broader market [1][4]. Group 1: Stock Performance - MVST's stock has surged 36.8% year-to-date, while competitors Algorhythm Holdings and Industrial Tech Acquisitions have seen declines of 88% and 24.7%, respectively [4]. - Over the past year, MVST's growth of 1162.3% far exceeds the industry's 76.2% and the S&P 500's 18.1% [1]. Group 2: Financial Performance - MVST achieved $380 million in revenue for 2024, reflecting a 24% year-over-year increase, driven by strong demand in the Asia-Pacific (APAC) and the United States [5][6]. - The EMEA region contributed 43% to revenues in the latest quarter, down from 55% a year ago, but still showing growth over the past six months [6]. Group 3: Strategic Initiatives - The company has a backlog of nearly $320 million for its EV battery systems, equating to 1,342 MWh, and is expanding production capacity in Huzhou, China, to meet this demand [9][10]. - MVST is building a second 2 GWh production line in Huzhou, expected to be operational by year-end, which will enhance production capacity for various battery formats [10]. Group 4: Market Opportunities - The partnership with Evoy allows MVST to enter the electric boat market, showcasing its technical capabilities and opening avenues in other EV sectors such as defense and aviation [8]. - The APAC region's revenue contribution increased from 43% to 52% year-over-year, indicating strong customer demand [7]. Group 5: Valuation Metrics - MVST's forward 12-month EPS is priced at 10.89 times, significantly lower than the industry average of 28.53 times, indicating potential undervaluation [11]. - The trailing 12-month EV-to-EBITDA ratio for MVST is 4.7, compared to the industry average of 39.29, further suggesting lower downside risks and favorable long-term growth prospects [11]. Group 6: Earnings Estimates - The Zacks Consensus Estimate for MVST's 2025 revenues is $462.3 million, representing a 22.9% year-over-year growth, with 2026 revenues projected at $563.5 million, indicating a 21.9% increase [14]. - The consensus estimate for 2025 EPS is 19 cents, suggesting a 170.4% year-over-year increase, while 2026 EPS is projected at 29 cents, reflecting a 52.6% growth [14]. Group 7: Analyst Confidence - Over the past 60 days, EPS estimates for 2025 and 2026 have been revised upward, with increases of 46.2% and 20.8%, respectively, indicating strong analyst confidence in MVST's growth [15]. Group 8: Investment Recommendation - Given the strong fundamentals, positive EPS revisions, and compelling growth narrative, MVST is recommended as a buy, currently holding a Zacks Rank 1 (Strong Buy) [17].

Core Viewpoint - Pan Global Resources Inc. has announced high-grade mineralization results from underground channel sampling at the Providencia target within its 100%-owned Cármenes Project in northern Spain, indicating significant potential for copper, nickel, cobalt, and gold deposits [1][3][5] Group 1: Sampling Results - Detailed channel sampling at the historical Providencia mine confirms high-grade copper, nickel, cobalt, and gold mineralization over wide intervals, with significant intervals reported [4][5] - Notable assay results include 4.17% Cu, 2.68% Ni, 1.28% Co, and 0.88 g/t Au over 5 meters, and 1.02% Cu, 0.65% Ni, 0.38% Co, and 0.17 g/t Au over 32 meters [5][6] - Peak channel sample assays reached 11.0% Cu, 4.47% Ni, 2.47% Co, and 1.34 g/t Au over 1 meter, indicating the presence of sulphide-rich breccia and supergene mineralization [6][7] Group 2: Geological Insights - Geological mapping and surface sampling reveal a large zoned, carbonate-hosted, multi-phase hydrothermal breccia system hosting the mineralization, extending over a surface area of 300m x 150m [9] - The sulphide-rich mineralization exhibits a pipe-like geometry from surface to at least 120 meters depth, remaining open to depth [7] Group 3: Future Exploration and Drilling - Additional drilling is planned to test for expansion of the high-grade sulphide breccia zone, particularly in the west where the highest-grade samples are located [3][8] - Drilling is currently underway to explore a new gold target at Providencia, with results expected in September [8] Group 4: Project Overview - The Cármenes Project is located in a geologically prospective area for multiple bodies of carbonate-hosted mineralization, comprising five 100%-owned Investigation Permits over 5,653 hectares [12] - The project area includes historical mines that last operated in the 1930s, highlighting the potential for additional breccia pipes [12]