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Allied Gold Surges 30.1% in 3 Months: Is the Stock Still Worth Buying?
ZACKS· 2025-11-19 16:35
Core Insights - Allied Gold Corporation's (AAUC) shares have increased by 30.1% over the past three months, outperforming the S&P 500's 5.1% rise and showing better performance than peers Agnico Eagle Mines Limited (AEM) and Alamos Gold Inc. (AGI) [1][10] Company Performance - The stock closed at $16.77, below its 52-week high of $20.49 but above its 52-week low of $6.78 [4] - In the first nine months of 2025, Allied Gold produced 262,077 ounces of gold, an increase from 258,459 ounces in the same period last year [5] - The company aims to exceed 375,000 ounces of gold production in 2025, with significant output expected in Q4 due to enhanced production at Bonikro and Sadiola mining sites [6] Operational Improvements - Allied Gold is drilling high-grade zones, refining mine models, and improving grade control to boost productivity [7] - New equipment has been deployed at the Sadiola mine to enhance fleet availability, and experienced local hires have strengthened mine management in Mali [7] - Increased stripping activities at Bonikro and Agbaou sites are aimed at accessing higher-grade ore, contributing to production growth [7] Market Conditions - Economic uncertainty, geopolitical tensions, and central bank policy shifts have driven a surge in gold prices [8] - The U.S. government's announcement of new tariffs has added to global trade uncertainties, further supporting gold's price increase [8] - The Federal Reserve's interest rate cuts have made short-term debt instruments less attractive, pushing investors towards gold [8] Financial Metrics - Allied Gold's trailing 12-month return on equity (ROE) stands at 24.32%, significantly higher than the industry's 15.44%, indicating efficient use of shareholders' funds [11] - The forward 12-month price-to-earnings ratio for AAUC is 3.97X, well below the industry average of 12.79X, making it an attractive investment [13] - Earnings estimates for 2025 have decreased by 5% to $1.34 per share, while estimates for 2026 have improved by 11.1% to $4.60, indicating substantial year-over-year growth [16] Investment Outlook - Strong production across mining operations, rising gold prices, and capacity expansion efforts position Allied Gold favorably for growth [17] - The company is well-positioned for sustained growth and shareholder value, supported by a favorable valuation and strong earnings growth projections [18]
Wall Street Analysts See a 34.47% Upside in Royal Gold (RGLD): Can the Stock Really Move This High?
ZACKS· 2025-11-19 15:57
Shares of Royal Gold (RGLD) have gained 0.5% over the past four weeks to close the last trading session at $185.5, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $249.44 indicates a potential upside of 34.5%.The average comprises nine short-term price targets ranging from a low of $203.00 to a high of $280.00, with a standard deviation of $21.68. While the lowest estimate indic ...
Novo Resources Releases 2025 Sustainability Report Highlighting Commitment to Integrity, People and the Environment
Globenewswire· 2025-11-19 15:20
PERTH, Western Australia, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQB: NSRPF) is pleased to announce the publication of its 2025 Sustainability Report, detailing the Company’s ongoing commitment to responsible and sustainable business practices across all operations. The report highlights Novo’s focus on three core pillars: operating with integrity, valuing our people and communities, and respecting the environment. It outlines the initiatives an ...
CopAur Minerals Closes Oversubscribed $3,281,420 Non-Brokered Private Placement
Newsfile· 2025-11-19 13:45
Core Viewpoint - CopAur Minerals Inc. has successfully closed a non-brokered private placement financing, raising gross proceeds of $3,281,420 to advance its development projects in Nevada [1][5]. Group 1: Private Placement Details - The private placement consists of 32,814,200 units priced at $0.10 per unit, each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each whole warrant allows the holder to purchase an additional common share at $0.20 for 24 months, with an expiry acceleration provision if the company's shares trade at or above $0.30 for 10 consecutive trading days [2]. - A hold period of four months plus a day applies to all securities issued in this private placement, with finder fees of $6,000 cash and 24,000 non-transferable finder warrants at $0.20 for two years [3]. Group 2: Insider Participation - Insiders of the company acquired 1,500,000 units, representing 4.6% of the total units sold in the private placement, which is classified as a "related party transaction" [4]. - The company was exempt from obtaining a formal valuation or minority shareholder approval for the insiders' participation, as the value did not exceed 25% of the company's market capitalization [4]. Group 3: Use of Proceeds - The funds raised will be allocated towards advancing the Kinsley Mountain gold property development, securing permits for preliminary exploration on the Troy Canyon property, and general working capital [5]. Group 4: Company Overview - CopAur is focused on mine development in mineral-rich regions of Nevada, with its flagship project being the Kinsley Mountain Gold Project, located 90 kilometers south of the Long Canyon mine [7]. - The company is supported by a dynamic team of resource professionals dedicated to advancing its projects [7].
Galloper Gold Announces Proposed Debt Settlement
Newsfile· 2025-11-19 13:30
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") announces that, subject to regulatory approval, the Company intends to complete a debt settlement by the issuance of 1,000,000 common shares (each a "Share") at a deemed price of $0.065 per Share to settle debts owing pursuant to past management services provided to the Company for a total amount of $65,000 (excluding goods and services tax) (the "Debt Settleme ...
Cameo Provides Update From Its Induced Polarization Survey At Katoro
Thenewswire· 2025-11-19 13:00
Core Insights - Cameo Resources Inc. has completed over 50% of the initial Induced Polarization (IP) geophysical survey on its Katoro Gold Property in Tanzania, indicating significant progress in exploration efforts [1][5] Survey Details - The IP survey, conducted by HETAMIS Mineral Services Limited, covers 58 line-kilometers across five grids, with three grids completed, revealing multiple priority targets with high chargeability readings up to 250mV/V [2][5] - Approximately 65% of the Katoro property exhibits structural features suggesting potential gold mineralization, with a focus on the northern and central areas for further exploration [3][4] Geological Context - The Katoro Gold Property spans 19.58 square kilometers within the Sukumaland Greenstone Belt, a region known for its multi-million-ounce gold deposits and ongoing operations by major gold companies [9][11] - The geological characteristics of the area include iron carbonate altered mafic volcanics and quartz feldspar porphyry intrusions, with gold associated with grey quartz veins [9][11]
Torex Gold Announces Renewal of Normal Course Issuer Bid
Newsfile· 2025-11-19 12:30
(All amounts expressed in U.S. dollars unless otherwise stated)Toronto, Ontario--(Newsfile Corp. - November 19, 2025) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) (OTCQX: TORXF) announces that, further to its news release dated November 5, 2025, it has received approval from the Toronto Stock Exchange (the "TSX") of its notice of intention to renew its normal course issuer bid (the "NCIB").Under the NCIB, Torex is authorized to purchase up to 8,133,430 of its common shares ("Common Sha ...
Altamira Gold Intersects High Grade Gold Mineralization Within a Second New Porphyry Body at Morro Verde Target, Cajueiro District, Brazil
Newsfile· 2025-11-19 12:20
Altamira Gold Intersects High Grade Gold Mineralization Within a Second New Porphyry Body at Morro Verde Target, Cajueiro District, BrazilNovember 19, 2025 7:20 AM EST | Source: Altamira Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF), ("Altamira" or the "Company") is pleased to report assay results from recent reconnaissance drill holes at the Morro Verde target, located within the Company's Cajueiro Dis ...
White Gold Corp. Welcomes Federal Nation-Building Investments and Support for Resource Development in Yukon
Globenewswire· 2025-11-19 12:00
TORONTO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") welcomes the Government of Canada’s announcement of the second tranche of nation-building projects under Budget 2025: Canada Strong. This new tranche in federal commitments across infrastructure, clean energy, and resource-corridor development – reinforces Canada’s long-term strategy to unlock northern mineral potential and strengthen domestic supply chains. Importantly, the Prime Minister confir ...
Kootenay Releases First Results from Current Drilling at Columba
Prnewswire· 2025-11-19 12:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 19, 2025 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce assay results from the first seven holes of the ongoing staged 50,000-meter drill program at Columba High Grade Silver Project, located in Chihuahua, Mexico. Drilling at the project is designed to extend and expand known mineralization on the extensive Columba vein system, which currently hosts an inferred Mineral Resource Est ...