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Best Momentum Stocks to Buy for Dec. 23
ZACKS· 2025-12-23 16:16
Group 1: Valero Energy Corporation (VLO) - Valero Energy Corporation has a Zacks Rank 1 and its current year earnings estimate increased by 18.2% over the last 60 days [1] - The company's shares gained 22.1% over the last three months, while the S&P 500 declined by 13.2% [1] - Valero Energy possesses a Momentum Score of A [1] Group 2: Suncor Energy Inc. (SU) - Suncor Energy Inc. has a Zacks Rank 1 and its current year earnings estimate increased by 8.6% over the last 60 days [2] - The company's shares gained 14.4% over the past six months, compared to the S&P 500's decline of 13.2% [2] - Suncor Energy also has a Momentum Score of A [2] Group 3: IAMGOLD Corporation (IAG) - IAMGOLD Corporation has a Zacks Rank 1 and its current year earnings estimate increased by 12.7% over the last 60 days [3] - The company's shares gained 50.0% over the last three months, while the S&P 500 declined by 3.3% [3] - IAMGOLD possesses a Momentum Score of B [3]
U.S. Stocks May Give Back Ground Following Recent Strength
RTTNews· 2025-12-23 13:53
Market Overview - Major U.S. index futures are indicating a modestly lower open, with stocks likely to give back ground after recent gains [1] - The Dow rose by 227.79 points (0.5%) to 48,362.68, the Nasdaq climbed by 121.21 points (0.5%) to 23,428.83, and the S&P 500 advanced by 43.99 points (0.6%) to 6,878.49 [4] - Trading activity appeared subdued due to a lack of major U.S. economic data, with some traders away from their desks ahead of the Christmas holiday [6] Economic Indicators - The U.S. economy grew by 4.3% in Q3 2025, significantly higher than the expected 3.3% [2][21] - New orders for U.S. manufactured durable goods fell by 2.2% in October, contrary to expectations of a 1.5% decline [19][20] - Excluding transportation equipment, durable goods orders increased by 0.2% in October [20] Sector Performance - Gold stocks saw substantial strength, with the NYSE Arca Gold Bugs Index rising by 3.3% to a record closing high [7] - Airline stocks also performed well, reflected by a 1.7% gain in the NYSE Arca Airline Index [7] - Tech stocks like Oracle (ORCL) and Nvidia (NVDA) contributed to market recovery, with Oracle shares surging by 3.3% after Wells Fargo reiterated its Overweight rating [5] International Markets - Asian markets extended gains, with China's Shanghai Composite Index up 0.1% to 3,919.98 [10] - The Japanese Nikkei 225 Index inched up less than 0.1% to 50,412.87, while the Korean Kospi Index increased by 0.3% to 4,117.32 [11] - European stock markets are trading mixed, with the U.K.'s FTSE 100 down 0.01% and France's CAC 40 down 0.21% [15][16]
U.S. Gold raises ~$31.2M in private placement; shares down (NASDAQ:USAU)
Seeking Alpha· 2025-12-23 13:30
Group 1 - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]
AMLM Expands Global Footprint with Strategic Acquisition of High-Grade Gold Projects in Canada and Tanzania
Prnewswire· 2025-12-23 13:15
Core Insights - American Lithium Minerals Inc. has entered into letters of intent to acquire two high-potential gold projects, one in Canada and the other in Tanzania, marking a significant milestone in its strategy to diversify its asset base [1][2] Acquisition Details - The company has signed a Letter of Intent with Aurum Excalibur Ventures Limited to acquire an 18% interest in the Sangambi Gold Project, which has a mineral resource estimate of 1.2 million ounces of gold at an average grade of 2.0 g/t [3][4] - The acquisition price for the Sangambi Gold Project is based on a valuation of $23 per ounce of gold in the ground [4] - A second Letter of Intent has been signed with 50 Mile Mining Corporation to acquire a 49% interest in the company for AMLM preferred shares, focusing on the Cheryl Creek gold mining project in Yukon, Canada [6] Strategic Importance - These acquisitions are seen as transformative for American Lithium Minerals, as they secure high-quality gold assets in both stable and high-growth mining jurisdictions, enhancing the company's portfolio for both near-term production and long-term exploration success [7] - The company plans to initiate comprehensive exploration programs on both properties in 2026, including geophysical surveys and targeted drilling [7] Project Characteristics - The Canadian Gold Project is located in a prolific mining camp with existing infrastructure and historical high-grade intercepts, while the Tanzanian Gold Project features a large-scale land package in a proven gold belt with significant artisanal mining activity [11]
First Mining Files Pre-Feasibility Study Technical Report for the Springpole Gold Project, Ontario, Canada
Prnewswire· 2025-12-23 12:00
Core Viewpoint - First Mining Gold Corp. has filed an independent Pre-Feasibility Study for its Springpole Gold Project, indicating strong economic potential and operational plans for the project [1][2]. Project Overview - The Springpole Gold Project is located in Ontario, Canada, and is 100% owned by First Mining Gold Corp. [1] - The Pre-Feasibility Study (2025 PFS) supports a mining operation with a capacity of 30,000 tonnes per day [2]. Financial Highlights - The project has a pre-tax net present value (NPV) of US$3.2 billion at a gold price of US$3,100 per ounce, increasing to US$5.6 billion at US$4,200 per ounce [9]. - The after-tax NPV is US$2.1 billion at US$3,100 per ounce, rising to US$3.8 billion at US$4,200 per ounce [9]. - The internal rate of return (IRR) is projected at 54% pre-tax and 41% after-tax at US$3,100 per ounce, increasing to 82% and 63% respectively at US$4,200 per ounce [9]. - The life of mine (LOM) is estimated at 9.4 years, with an after-tax payback period of 1.8 years, reducing to 1.2 years at higher gold prices [9]. Production and Cost Metrics - Average annual payable gold production is projected at 330,000 ounces per year for the first five years, and 281,000 ounces per year over the life of the mine [9]. - Total net cash costs are estimated at US$742 per ounce for the first five years and US$802 per ounce over the life of the mine [9]. - Net All-In Sustaining Costs (AISC) are projected at US$877 per ounce for the first five years and US$938 per ounce over the life of the mine [9]. Company Background - First Mining Gold Corp. is advancing two of the largest gold projects in Canada, including the Springpole Gold Project and the Duparquet Gold Project in Quebec [7]. - The company was established in 2015 by Keith Neumeyer, who is also the founding President and CEO of First Majestic Silver Corp. [8].
Dakota Gold Expansion Drilling Intersects High-Grade Gold Mineralization at Richmond Hill
TMX Newsfile· 2025-12-23 11:30
Core Viewpoint - Dakota Gold Corp. has reported significant expansion drilling results from the Richmond Hill Oxide Heap Leach Gold Project, indicating widespread gold mineralization and potential resource growth, with drilling results confirming mineralization extending 230 meters north of the current resource boundary [1][3]. Drilling Campaign Overview - The company has completed 242 drill holes in its 2025 drilling campaign, totaling 29,279 meters (approximately 96,000 feet), with 136 assay results released so far and 106 pending [2]. - The drilling campaign is designed for metallurgical sampling, condemnation drilling, infill drilling, and expansion drilling, aimed at refining resource models and improving geo-metallurgical domain precision [4]. Highlights from Drill Results - Significant high-grade gold mineralization has been confirmed in the northern project area, with results to be incorporated into an updated resource model and ongoing feasibility study [3]. - Notable drill results include: - RH25C-303: 4.52 grams per tonne (g/t) over 15.2 meters, including 31.90 g/t over 1.8 meters [7]. - RH25C-261: 2.87 g/t over 17.3 meters [7]. - The northeast mineralization remains open and has been drill-tested up to 300 meters north and 535 meters wide [7]. Future Plans - Drilling will pause for the remainder of December 2025 and resume in mid-January 2026, with remaining assay results expected to be shared in early 2026 [3]. - The company aims to advance the Richmond Hill project to commercial production by 2029, alongside outlining a high-grade underground gold resource at the Maitland Gold Project [9].
港股异动 | 黄金股再度走强 理事建议美联储采取更鸽派立场 机构指黄金配置价值依旧突出
Zhi Tong Cai Jing· 2025-12-23 03:22
Group 1 - Gold stocks have strengthened again, with Shandong Gold rising by 5.25% to HKD 38.06, Zhaojin Mining up by 3.72% to HKD 33.48, Lingbao Gold increasing by 3.54% to HKD 19.57, and Chifeng Jilong Gold up by 2.95% to HKD 32.78 [1] - On December 22, COMEX gold prices broke through USD 4450, reaching a new high [1] - Federal Reserve Governor Milan warned that if the Fed does not continue to lower interest rates next year, it may increase the risk of an economic recession, indicating a potential shift towards a more dovish policy [1] Group 2 - Xinyuan Fund stated that the foundation for a gold bull market remains unchanged, although short-term volatility may increase [2] - If the US core PCE continues to decline, it will solidify expectations for two 25 basis point rate cuts in the first half of 2026, with gold prices likely to test the USD 4400 level [2] - The upcoming nomination of a new Fed chairman by Trump is expected to lean more dovish, alongside expanding US fiscal deficits and high debt levels, which will enhance the long-term value of gold [2]
KO Gold Announces Extension of Warrants
TMX Newsfile· 2025-12-23 02:06
Core Viewpoint - KO Gold Inc. has announced an extension of the expiry date for certain warrants, allowing investors to purchase up to 3,363,772 common shares at $0.40 per share, now expiring on January 10, 2027, instead of January 10, 2026 [1] Group 1: Company Overview - KO Gold Inc. is a Canadian junior exploration company listed on the CSE under the ticker "KOG" [2] - The company's strategy focuses on acquiring and exploring gold properties in the Otago Gold District, New Zealand, with four 100%-owned prospecting and exploration permits covering a total area of 400 km² [2] - The Smylers, Hyde, and Glenpark exploration permits are located near OceanaGold's Macraes Gold Mine, while the Carrick EP is near the historic Carrick Goldfield, which is considered a promising gold deposit [2] - KO Gold has invested over C$3 million in exploration and drilling activities in the Otago Gold District over the past five years [2]
Perseus Mining Refinances and Upsizes Debt Facility to US$400M
Globenewswire· 2025-12-23 01:41
Core Viewpoint - Perseus Mining Limited has successfully refinanced and increased its debt facility to US$400 million, enhancing its liquidity and financial flexibility while receiving strong support from a consortium of international banks [2][5]. Debt Facility Details - The existing syndicated loan facility was amended from US$300 million to US$400 million, with an additional US$100 million Accordion Option [2][8]. - The new facility has a three-year term with an option to extend for two additional years [2][8]. - Competitive pricing was achieved, resulting in a total margin reduction of 125 basis points from the previous facility due to strong demand [2][5]. Financial Position - Perseus's net cash position as of September 30, 2025, was US$837 million, providing the company with over US$1,237 million in available liquidity [3][8]. - The company is fully funded to pursue its 5-Year Outlook and future growth opportunities while maintaining a commitment to return funds to shareholders through dividends and share buybacks [6][8]. Banking Consortium - The new banking consortium includes eight international banks, with two new additions: JP Morgan (Australia) and Standard Chartered (Australia) [4][5]. - The existing banks in the consortium include Macquarie Bank Limited, Nedbank Limited, Absa Bank (Mauritius) Limited, Citi, FirstRand Bank Limited, and Standard Bank of South Africa Limited [4][5].
First Nordic Metals rebrands as Goldsky Resources
MINING.COM· 2025-12-22 22:20
Company Overview - First Nordic Metals has changed its name to Goldsky Resources Corp, effective December 22, with trading under the new ticker 'GSKR' starting on December 24 [1] - Agnico Eagle Mines holds a 13% interest in Nordic and invested C$8.2 million last year to advance the Oijärvi gold project in Finland [2] - The name change aligns with the acquisition of Mawson Finland, approved by the company's board of directors [2] Leadership and Strategy - Goldsky CEO Russell Bradford announced the launch of Goldsky Resources Corp following the mergers of First Nordic and Mawson Finland, highlighting a portfolio of high-quality advanced stage assets [3] - The company has welcomed new board members, including Peter Breese as Chair and Darren Morcombe as a special adviser, bringing technical expertise to the team [4] - Goldsky aims to establish itself as the leading Nordic mining company with a focus on responsible strategies and operations in stable mining jurisdictions [5] Market Performance - Following the announcement, First Nordic Metals' stock increased by 6.7% in Toronto, with a market capitalization of C$155.1 million (approximately $112.8 million) [5]