Precious Metals Mining
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Silver plummets 15%, gold falls 7% — dragging down miners and ETFs
CNBC· 2026-01-30 10:31
Argor-Heraeus' CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | ReutersGold and silver prices plunged on Friday, sparking a global sell-off of stocks and funds linked to the metals. By 5:04 a.m. ET, spot silver was down 15% to settle at around $98.66 per ounce — taking it back below the $100 milestone. Stock Chart IconStock chart iconSpot silverMeanwhile, spot gold shed 7% to tra ...
This is an 'EXPLOSIVE' outbreak of silver prices, Pan American Silver CEO says
Youtube· 2026-01-30 06:15
Industry Overview - Gold prices have increased approximately 24% year-to-date, while silver has surged nearly 60% since the beginning of the year, extending a 147% rise from the previous year [2][3] - The recent rally in precious metals has led to significant gains for mining companies, particularly Pan-American Silver, whose stock has skyrocketed 185% in the past year [3] Company Performance - Pan-American Silver expects to increase silver production to between 25 to 27 million ounces in the current year, up from 22.8 million ounces last year, alongside a planned production of 700,000 to 750,000 ounces of gold [5] - The company holds the largest reserves and resources of silver globally, with operations primarily in Latin America, particularly in Mexico and Peru [7] Market Dynamics - The demand for silver is driven by its industrial applications, particularly in electronics and energy production, as well as its role as a safe haven asset similar to gold [17][18] - Despite potential market corrections, the outlook for silver remains positive due to strong investor interest and industrial demand [15][18]
Hycroft Mining (HYMC) Loses 11.5% as Silver, Gold Fall From Record Highs
Yahoo Finance· 2026-01-30 03:44
We recently published 10 Stock Titans With Massive Losses. Hycroft Mining Holding Corp. (NASDAQ:HYMC) was one of the worst performers on Thursday. Hycroft dropped for a second day on Thursday, shedding 11.53 percent to close at $45.73 apiece as investors took path from the decline in prices of precious metals during the session. After hitting a series of record runs, spot prices of silver and gold both dropped by more than 1 percent during the session, a day after the Federal Reserve’s decision to keep i ...
DENARIUS METALS ANNOUNCES DETAILS FOR THE JANUARY 31, 2026 INTEREST PAYMENTS ON ITS CONVERTIBLE UNSECURED DEBENTURES AND THE FIRST GOLD PREMIUM PAYMENTS ON ITS 2023 DEBENTURES
Prnewswire· 2026-01-29 23:23
Core Viewpoint - Denarius Metals Corp. announced details regarding monthly interest payments and quarterly gold premiums due on January 31, 2026, for its convertible unsecured debentures, highlighting the company's ongoing financial obligations and performance in the precious metals sector [1][5]. Monthly Interest Payments - The company will issue shares on February 2, 2026, to settle monthly interest payments on its 2023 and 2024 Debentures, with a total principal amount of CA$34,158,874, resulting in 487,985 shares to be issued [2]. - The breakdown includes CA$19,886,560 for 2023 Debentures, leading to 284,094 shares, and CA$14,272,314 for 2024 Debentures, resulting in 203,891 shares [2]. Gold Premiums on 2023 Debentures - Starting January 31, 2026, the company will pay a quarterly gold premium on its 2023 Debentures when the London P.M. Fix exceeds US$1,800 per ounce [5]. - As of January 16, 2026, the gold premium rate is set at 30.556%, leading to gross premiums of CA$6,076,537, with 8,645,816 shares to be issued to settle the net amount of gold premiums [5]. - Insiders will receive a total of 889,225 common shares in settlement of the gold premiums payable on their respective holdings of 2023 Debentures [5]. Company Overview - Denarius Metals is a Canadian junior company focused on the acquisition, exploration, and development of precious metals and polymetallic mining projects in Colombia and Spain [7]. - The company is currently producing gold and silver at its 100%-owned Zancudo Project, with a processing plant expected to start operations by Q3 2026 [8]. - In Spain, Denarius holds interests in three projects, including the Aguablanca Project, recognized as a Strategic Project by the EU, and the Lomero and Toral Projects, which focus on critical minerals [10].
Gold, Silver ETFs Whipsaw Thursday As Miners Fall On Volatility
Benzinga· 2026-01-29 21:44
Their otherwise recent moves higher track an extraordinary run in the underlying metals: gold has jumped roughly 95% over the past year while silver has soared more than 270%, making the two largest assets in the world by market value. Here’s what investors need to know.Newmont shares are retreating from recent levels. Why is NEM stock dropping?Historic Gold and Silver Moves Behind The RallyThe latest leg higher has been driven by fears over U.S. fiscal sustainability and the independence of the Federal Res ...
Dollar Slides, Gold & Silver Keep Surging: 4 Stocks to Buy Now
ZACKS· 2026-01-29 17:20
Currency and Market Overview - The U.S. dollar has fallen to its weakest level in nearly four years, declining about 10% over the past year due to rising geopolitical tensions and tariff-driven market volatility [1][2] - The dollar's decline accelerated following President Trump's tariff announcements, which triggered a global market sell-off and increased uncertainty regarding trade relations, particularly with European allies [2][3] Precious Metals Performance - Gold and silver have reached record highs as investors seek safe-haven assets amid economic and geopolitical stress, with spot gold up more than 27% this year and nearing $5,600, while silver approaches a record high near $120 [4][5] - The Federal Reserve's decision to hold interest rates steady, acknowledging elevated inflation, has further supported the rally in precious metals, which typically move inversely to the dollar [5][6] Investment Opportunities in Precious Metal Stocks - AngloGold Ashanti is a leading global gold producer with a strong asset base and recent acquisitions, including Augusta Gold Corp. and Centamin, which have enhanced its production capabilities [7][8] - The Zacks Consensus Estimate for AngloGold's 2026 sales and EPS indicates a year-over-year increase of 23% and 41%, respectively, with an upward revision of 8 cents in EPS over the past 30 days [9] - Fresnillo, a major silver and gold producer in Mexico, has expanded its portfolio through the acquisition of Probe Gold, adding significant gold resources and focusing on improving production efficiency [12][13] - The Zacks Consensus Estimate for Fresnillo's 2026 sales and EPS suggests a substantial year-over-year increase of 75% and 578%, respectively, with a recent EPS revision of 35 cents [14] - Aris Mining is enhancing its presence in Latin America with a focus on gold properties and has a robust project pipeline, including the Segovia mine and the Soto Norte Project [15][16] - The Zacks Consensus Estimate for Aris Mining's 2026 EPS indicates a year-over-year surge of 91%, with an upward revision of 32 cents in the past 30 days [17] - Hecla Mining, the largest silver producer in the U.S. and Canada, is advancing its Keno Hill project towards commercial production and has promising exploration results from its Midas Project [18] - The Zacks Consensus Estimate for Hecla Mining's 2026 sales and EPS forecasts a year-over-year increase of 14% and 38%, respectively, with a recent EPS revision of 17 cents [19]
Buy These 5 Low-Leverage Stocks as S&P 500 Touches Record Mark
ZACKS· 2026-01-29 14:36
Market Overview - Wall Street achieved a historic milestone with the S&P 500 reaching the 7,000 mark for the first time, driven by the Federal Reserve's decision to maintain steady interest rates, indicating solid economic expansion [1][10] - Investor confidence was bolstered by the Fed's assessment of a stabilizing labor market, despite the index ending the session with little change [1] Investment Strategy - The current market conditions are likely to enhance the attractiveness of low-leverage stocks, as investors may prioritize financial resilience and capital preservation over aggressive growth strategies [2] - Recommended companies with low leverage include ThyssenKrupp (TKAMY), Alcoa Corp. (AA), Coeur Mining (CDE), FirstSun Capital Bancorp (FSUN), and TechnipFMC (FTI), which are seen as safer options during market volatility [2][10] Low-Leverage Stocks - Leverage in finance refers to borrowing capital to operate and expand businesses, typically through debt financing, which can pose risks if not managed properly [4][5] - Companies with low debt levels are generally less risky and can provide more stable returns, especially during economic downturns [6][11] - The debt-to-equity ratio is a key metric for assessing a company's financial risk, with lower ratios indicating better solvency [7] Company Highlights - **ThyssenKrupp (TKAMY)**: Recognized for its environmental efforts, the company expects a 2.1% increase in fiscal 2026 sales and a 24.1% rise in earnings, holding a Zacks Rank 1 [15][16] - **Alcoa (AA)**: Despite a 1.1% decline in revenues, adjusted EPS surged by 21.2%, with a projected 8.5% revenue increase and a 34% earnings growth for 2026, also holding a Zacks Rank 1 [17][18] - **Coeur Mining (CDE)**: The company is undertaking its largest exploration campaign since 2012, with a projected 30.2% revenue increase and a 116.9% earnings growth for 2026, holding a Zacks Rank 1 [19][20] - **FirstSun Capital Bancorp (FSUN)**: Reported a 10.5% year-over-year increase in adjusted EPS and expects a 61.6% revenue increase for 2026, holding a Zacks Rank 1 [21][22] - **TechnipFMC (FTI)**: Awarded a significant contract by BP, with a projected 9.6% revenue increase and a long-term earnings growth rate of 18.8%, holding a Zacks Rank 2 [23][24]
Allied Energy Corp (OTC: AGYP) Provides Operational Update, Regulatory Compliance Progress, and Strategic Outlook for 2026
Prism Media Wire· 2026-01-29 14:01
Allied Energy Corp (OTC: AGYP) Provides Operational Update, Regulatory Compliance Progress, and Strategic Outlook for 2026 Company highlights regulatory compliance milestones, operator transitions, and a strategic pivot toward precious metals for long-term growthKey Highlights:Allied Energy Corp strengthened its financial and regulatory position by completing legacy well-plugging obligations and reducing long-term compliance risk.The Company is improving operational efficiency through operator transitions ...
Guanajuato Silver Plans Record Amount of Drilling for 2026
Accessnewswire· 2026-01-29 12:20
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated November 28, 2024 to its short form base shelf prospectus dated August 21, 2024. VANCOUVER, BC / ACCESS Newswire / January 29, 2026 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF), a growing Mexico-focused precious metals producer, is pleased to announce the Company's consolidated 2026 drilling guidance from the Company's five wholly owned producin ...
Dow Futures Down 150 Points After Fed Leaves Rates Unchanged, Investors Fixate On Big Tech Earnings: Gold Sets A New Record - Apple (NASDAQ:AAPL), Lockheed Martin (NYSE:LMT)
Benzinga· 2026-01-29 02:14
U.S. stock futures are in the red on Wednesday evening after the Federal Reserve decided to leave interest rates unchanged during its January FOMC meeting. The tech earnings cycle was off to a mixed start, led by Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms Inc. (NASDAQ:META) . The S&P 500 Futures are down 0.26%, or 18 points, trading at 6,989.00, followed by Nasdaq Futures at 26,098.50, down 0.22%, or 55.75 points and finally Dow Futures, trading at 49,025.00, down 142 points, or 0.29%, on late Wednesd ...