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Silver North Closes Previously Announced $2.1 Million Private Placement
Thenewswire· 2025-08-12 20:15
Core Viewpoint - Silver North Resources Ltd. has successfully closed a non-brokered private placement, allowing the company to advance its exploration activities at the Haldane Property in the Keno Hill Silver District [2][4]. Financing Details - The private placement raised gross proceeds of up to $2,100,000 through the sale of charity flow-through units (CFT Units) priced at $0.21 each [2]. - Each CFT Unit consists of one common share and one-half of a common share purchase warrant, with the warrants exercisable at $0.35 per share for 48 months [2]. - Certain purchasers of CFT Units have donated or sold these units at a price of $0.15 per unit [3]. Use of Proceeds - The proceeds from the CFT Units will be allocated to exploration and related programs on the Haldane and GDR mineral properties in Yukon Territory [4][11]. - The company plans to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures by December 31, 2026, and to renounce these expenditures to CFT Unit subscribers by December 31, 2025 [5]. Exploration Plans - A 10-hole diamond drilling program is planned at Haldane, targeting the newly identified Main Fault, which has shown high-grade silver veins [12]. - The drilling will follow up on previous discoveries, including a hole that returned 1,088 g/t silver over 1.83 meters [12]. Company Overview - Silver North Resources Ltd. owns the Haldane Silver Project, Tim Silver Project, and GDR Project, with plans to acquire additional silver properties in favorable jurisdictions [13]. - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the U.S. under "TARSF" [14].
3 Stocks in Focus That Announced Dividend Hikes Amid Market Volatility
ZACKS· 2025-08-12 14:11
Market Overview - Major indexes on Wall Street have reached multiple all-time closing highs recently, but have experienced volatility due to uncertainties surrounding President Trump's new tariffs and potential inflation increases [1][4] - The ongoing volatility may persist as market participants are concerned about the economic impact of the tariffs and rising inflation [2][6] Dividend-Paying Stocks - Dividend-paying stocks are recommended as they tend to perform better during market volatility, providing a steady income stream and reducing the risk of sharp price swings [2][3] - Historically, companies that pay dividends have outperformed non-dividend-paying companies during periods of market instability [3] Specific Companies and Their Dividends - **Pan American Silver Corp. (PAAS)**: Announced a dividend of $0.12 per share with a yield of 1.25% and a payout ratio of 26%. The company has increased its dividend four times in the past five years [9][10] - **Carlisle Companies Incorporated (CSL)**: Declared a dividend of $1.10 per share with a yield of 1.09% and a payout ratio of 20%. The company has increased its dividend six times over the last five years [12][10] - **DHT Holdings, Inc. (DHT)**: Announced a dividend of $0.24 per share with a yield of 5.25% and a payout ratio of 56%. DHT has increased its dividend seven times in the past five years [14][10]
5 Must-Buy Efficient Stocks to Buy Amid Volatile Market Conditions
ZACKS· 2025-08-11 12:45
Core Insights - The article emphasizes the importance of efficiency levels in assessing a company's potential for profitability, suggesting that higher efficiency correlates with better price performance [1] Efficiency Ratios - Receivables Turnover: This ratio measures a company's ability to collect debts and extend credit, with a higher ratio indicating better performance [2] - Asset Utilization: This ratio reflects a company's efficiency in converting assets into sales, with higher values suggesting better efficiency [3] - Inventory Turnover: This ratio indicates how well a company manages its inventory relative to its cost of goods sold, with higher values signaling effective inventory management [4] - Operating Margin: This ratio assesses a company's control over operating expenses, with higher values indicating more efficient expense management [5] Screening Criteria - The screening process included a favorable Zacks Rank (1 Strong Buy) alongside the efficiency ratios, narrowing down over 7,906 stocks to 15 strong candidates [6][9] Top Stocks Identified - The top five stocks identified for their efficiency include: - Tsakos Energy Navigation Limited (TEN) with an average four-quarter earnings surprise of 46.7% [10] - 10x Genomics, Inc. (TXG) also with an average four-quarter earnings surprise of 46.7% [11] - Pan American Silver Corp. (PAAS) with an average four-quarter earnings surprise of 45.2% [12] - Wolverine World Wide, Inc. (WWW) with an average four-quarter earnings surprise of 39.1% [13] - Interface (TILE) with an average four-quarter earnings surprise of 33.5% [14]
Best Growth Stocks to Buy for August 11th
ZACKS· 2025-08-11 11:56
Group 1: Pan American Silver Corp. (PAAS) - The company has a Zacks Rank of 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for its current year earnings has increased nearly 23% over the last 60 days [1] - The PEG ratio stands at 0.43, which is lower than the industry average of 0.48, suggesting better growth potential relative to its price [1] - The company possesses a Growth Score of A, indicating strong growth characteristics [1] Group 2: Hasbro, Inc. (HAS) - The company also carries a Zacks Rank of 1, reflecting strong growth prospects [2] - The Zacks Consensus Estimate for its current year earnings has increased by 13.5% over the last 60 days [2] - Hasbro's PEG ratio is 1.02, which is better than the industry average of 1.13, indicating favorable growth potential [2] - The company has a Growth Score of B, suggesting solid growth characteristics [2] Group 3: Ahold N.V. (ADRNY) - This company holds a Zacks Rank of 1, indicating strong investment potential [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3.4% over the last 60 days [3] - Ahold's PEG ratio is 1.69, significantly lower than the industry average of 2.70, indicating better growth potential relative to its price [3] - The company possesses a Growth Score of B, reflecting decent growth characteristics [3]
Prismo Metals Announces Closing of Oversubscribed Private Placement
Thenewswire· 2025-08-08 20:05
Vancouver, British Columbia, August 8th, 2025 – TheNewswire – Prismo Metals Inc. (“Prismo” or the “Company”) (CSE: PRIZ) (OTCQB: PMOMF) is pleased to announce that further to its news releases dated July 3, 2025, July 18, 2025 and July 31, 2025, the Company has proceeded with an upsized closing of its previously announced non-brokered private placement (the “Private Placement”) of units of the Company (“Units”) at an issue price of $0.06 per Unit (the “Third Closing”). The closing was increased from 6,000, ...
Silver Miners' ETF (SIL) Hits New 52-Week
ZACKS· 2025-08-08 10:01
Group 1 - The Global X Silver Miners ETF (SIL) has reached a 52-week high and is up 82.9% from its 52-week low price of $29.58 per share [1] - The Solactive Global Silver Miners Total Return Index measures the performance of global companies in the silver mining industry, with SIL charging 65 basis points in annual fees [1] - The recent surge in silver prices has contributed to the strong performance of SIL, driven by a weakening U.S. dollar, persistent supply deficits, and increased interest in precious metals as hedges [2] Group 2 - SIL is expected to continue its strong performance in the near term, indicated by a positive weighted alpha of 54.01, suggesting potential for further gains [3]
Pan American Silver(PAAS) - 2025 Q2 - Earnings Call Presentation
2025-08-07 15:00
Financial Performance - Adjusted earnings were $155.4 million, or $0.43 per share[11] - Record mine operating earnings reached $273.3 million[11] - Record free cash flow amounted to $233.0 million[11] - The company maintains a strong financial position with $1.9 billion in total available liquidity[11] - Revenue for Q2 2025 was $811.9 million, and for H1 2025 it was $1,585.1 million[13] Production and Costs - Silver production reached 5.1 million ounces, and gold production was 178.7 thousand ounces[11] - Silver Segment AISC (All-in Sustaining Costs) was $19.69 per ounce, while Gold Segment AISC was $1,611 per ounce[11] Liquidity and Debt - Cash and short-term investments totaled $1,109 million[45] - Total debt was $820.7 million, primarily related to senior notes[45] 2025 Operating Outlook - The company is maintaining its 2025 operating outlook[11] - The company anticipates silver production between 20.00 and 21.00 million ounces for the full year 2025[46] - The company anticipates gold production between 735 and 800 thousand ounces for the full year 2025[46]
Hecla Mining pany(HL) - 2025 Q2 - Earnings Call Transcript
2025-08-07 15:00
Financial Data and Key Metrics Changes - The company achieved record sales of $304 million, net income applicable to common shareholders of nearly $58 million, and record adjusted EBITDA of $133 million, improving the net leverage ratio to 0.7 times [16][20] - Generated cash from operations of over $160 million and record quarterly free cash flow of $104 million [16][20] - Silver production reached 4.5 million ounces and nearly 46,000 ounces of gold, with cash costs of negative $5.46 per ounce and all-in sustaining costs of $5.19 per ounce [16][20] Business Line Data and Key Metrics Changes - Greens Creek produced 2.4 million ounces of silver, a 21% increase over the first quarter, with cash costs of negative $11.91 per ounce [23] - Lucky Friday maintained consistent silver production of 1.3 million ounces, with cash costs of $6.19 per ounce and all-in sustaining costs of $19.07 per ounce [25] - Keno Hill achieved silver production of over 750,000 ounces, marking its first positive free cash flow quarter under current ownership [27] Market Data and Key Metrics Changes - Silver accounted for 41% of consolidated revenue, while gold increased to 42% due to performance improvements at Casa Berardi and Greens Creek [21] - The increase in silver prices led to an expansion in margins, growing from 65% last quarter to 85% this quarter [21] Company Strategy and Development Direction - The company focuses on four key pillars: operational excellence, portfolio optimization, disciplined capital allocation, and maintaining silver market leadership [6][7] - The strategic review of Casa Berardi is progressing well, with updates expected in the coming weeks [7][20] - The company aims to prioritize high-return projects while strengthening its balance sheet, emphasizing free cash flow generation [8][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production targets at Keno Hill through systematic capital deployment and optimization strategies [11][15] - The company is focused on creating long-term value and reducing debt to enhance cash flow for reinvestment in operations [48][50] - The management highlighted the importance of jurisdictional security and operational stability in the current geopolitical climate [98][100] Other Important Information - The company is committed to ESG leadership and aims to strengthen partnerships with First Nations while maintaining safety excellence [6][9] - The average reserve mine life of 14 years is double the industry peer average, providing stability and long-term value creation potential [35][36] Q&A Session Summary Question: What was driving the higher grades and outperformance at Greens Creek? - Management indicated that good execution and additional areas with better grades were the main reasons for the performance [42] Question: What has changed regarding the production target at Keno Hill? - The company expanded operational flexibility and focused on reducing overbreak and controlling dilution [44] Question: Why retire a large amount of notes with a significant term left on the debt? - Management stated that funds would be better served by reinvesting in operations rather than servicing debt [48] Question: Can you provide guidance on the stripping ratio at Casa Berardi? - The stripping ratio is expected to decrease as the pit nears the end of its mine life, with a projected 10% decrease by year-end [58] Question: What is the current thinking on advancing Montana assets? - The focus remains on completing the Casa review, with potential for partnerships in the future [94]
Aya Gold & Silver Receives US$8 Million in Compensation Related to Zgounder Expansion
Globenewswire· 2025-08-07 11:00
Core Points - Aya Gold & Silver Inc. announced that its subsidiary, Zgounder Millenium Silver Mining, received a payment of approximately US$8 million under bank guarantees related to the Zgounder Expansion Project [1] - The payment is part of the compensation under the engineering, procurement, and construction agreement, highlighting the company's effective project oversight and contract enforcement [2] - Aya Gold & Silver is a rapidly growing silver producer based in Canada, operating the high-grade Zgounder Silver Mine in Morocco and exploring properties along the Anti-Atlas Fault [3] Company Overview - Aya Gold & Silver Inc. is the only TSX-listed pure silver mining company, focusing on maximizing shareholder value through sustainable operations and financial growth [4]
Osisko Gold Royalties(OR) - 2025 Q2 - Earnings Call Transcript
2025-08-06 15:00
Financial Data and Key Metrics Changes - Ore Royalty earned 19,700 GEOs in Q2 2025, a modest increase from Q1, on track to meet the full year guidance of 80,000 to 88,000 GEOs [3] - Quarterly revenues reached $60.4 million, an increase compared to the same period last year, driven by higher commodity prices [6] - Net earnings improved to $0.17 per basic common share, a significant year-over-year improvement from a loss in the previous year [6] - Cash flow per share increased to $0.27 from $0.21 in Q2 of last year, and adjusted earnings rose to $0.18 from $0.13 [6] - The company ended Q2 with $49.6 million in cash and achieved a net cash position for the first time in several years [4] Business Line Data and Key Metrics Changes - Over 93% of GEOs earned came from precious metals, with a modest increase in copper contribution primarily from the CSA mine [6][7] - Canadian Malartic had a strong quarter, with expectations for continued performance in the second half of the year [8] - Mantos Blancos production was flat year-over-year, with expectations for silver grades to improve in the second half [8][9] Market Data and Key Metrics Changes - The gold-silver ratio tightened to approximately 89:1 from highs of 105:1 earlier in the year, indicating potential leverage for investors in silver [11] - Ore Royalty's revenues were predominantly generated from Tier one mining jurisdictions, including Canada, the U.S., and Australia [12] Company Strategy and Development Direction - The company is focused on disciplined capital allocation to pursue high-quality accretive streams and royalties [30] - Ore Royalty aims to enhance its portfolio with producing assets while remaining selective about development stage royalties [37] - The company is optimistic about the potential of the second shaft at Odyssey, which could significantly increase gold production [25] Management's Comments on Operating Environment and Future Outlook - Management expects a stronger second half of 2025, with Canadian Malartic and Nandimi contributing to increased GEO sales [33][34] - The corporate development team is stretched to capacity, focusing on high-quality assets that will contribute to GEOs within the next five years [38] - The company is optimistic about the Cariboo project and its potential contributions to future revenue [51] Other Important Information - Ore Royalty declared and paid a quarterly dividend of $0.55 per share, marking its 43rd consecutive dividend [5] - The company has a total debt of just under $36 million and a net cash position of $14 million, with potential liquidity exceeding $900 million [16][30] Q&A Session Summary Question: Can you provide more color on the second half of this year and where the incremental GEO sales are coming from? - Management expects most of the increase to come from Canadian Malartic and Mantos Blancos, with additional contributions from Nandimi [33][34] Question: Is there a preference for producing versus development stage royalties? - The first preference is for accretive deals on producing assets, but the company is also looking at high-quality development assets that will contribute within five years [36][38] Question: What criteria are considered for the new five-year guidance? - Key criteria include confidence in asset contributions to GEOs, financing visibility, and social license [42][45] Question: How does the company view larger transactions in the $1 billion range? - The company is open to significant transactions if they meet economic returns for shareholders, with $900 million in available liquidity [47] Question: What is the current status of Elliott's holdings? - The last public disclosure indicates Elliott owns 2.2 million shares, with no further updates available [63][65]