Key Takeaways AU reached $91.65 before closing at $91.25, supported by strong gold prices and a solid Q3 performance.AngloGold Ashanti posted a 17% y/y jump in Q3 gold output to 768,000 ounces, aided by Sukari and key assets.AU generated a record $920M Q3 free cash flow and improved leverage, ending with $3.9B liquidity.AngloGold Ashanti PLC (AU) scaled a new 52-week high of $91.65 on Friday before ending the session lower at $91.25. The increase was fueled by near-record gold prices.The company currently h ...

Information in Investor's Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or perfo ...

Investors with a lot of money to spend have taken a bullish stance on Agnico Eagle Mines (NYSE:AEM).And retail traders should know.We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AEM, it often means somebody knows something is about to happen.Today, Benzinga's options scanner spotted 14 options trades for Agnico Eagle Mine ...

VANCOUVER, British Columbia, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Lupaka Gold Corp. ("Lupaka Gold" or the “Company") (TSX-V: LPK, FRA: LQP) reports that effective December 29, 2025, the Company has granted 615,000 incentive stock options to directors, officers, employees and consultants of the Company, pursuant to its 2010 Incentive Stock Option Plan. The options vest over 18 months from date of grant and are exercisable on or before December 29, 2030, at a price of $0.25 per share. Neither the TSX Venture Exc ...

Investors with a lot of money to spend have taken a bullish stance on Kinross Gold (NYSE:KGC).And retail traders should know.We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with KGC, it often means somebody knows something is about to happen.Today, Benzinga's options scanner spotted 11 options trades for Kinross Gold.This isn't ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on New Gold (NGD), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank to make informed investment decisions [1][5]. Brokerage Recommendations for New Gold - New Gold has an average brokerage recommendation (ABR) of 1.56, indicating a position between Strong Buy and Buy, based on recommendations from nine brokerage firms [2]. - Among the nine recommendations, six are classified as Strong Buy and one as Buy, which accounts for 66.7% and 11.1% of all recommendations respectively [2]. Limitations of Brokerage Recommendations - Sole reliance on brokerage recommendations for investment decisions may not be wise, as studies indicate limited success in guiding investors towards stocks with the best price increase potential [5]. - Brokerage firms often exhibit a positive bias in their ratings due to vested interests, leading to a disproportionate number of favorable ratings compared to negative ones [6][11]. Zacks Rank as an Alternative - The Zacks Rank, which classifies stocks into five groups based on earnings estimate revisions, is presented as a more reliable indicator of near-term price performance compared to ABR [8][12]. - The Zacks Rank is timely and reflects the latest earnings estimate revisions, making it a better tool for predicting future stock prices [13]. Current Earnings Estimates for New Gold - The Zacks Consensus Estimate for New Gold has increased by 1.2% over the past month to $0.58, indicating growing optimism among analysts regarding the company's earnings prospects [14]. - This increase in consensus estimates, along with other factors, has resulted in a Zacks Rank of 2 (Buy) for New Gold, suggesting that the Buy-equivalent ABR may be a useful guide for investors [15].

Key Takeaways NEM shares jumped 81.6% in six months, outpacing the industry's 73.9% rise. Newmont benefits from gold up 73% this year, driving earnings, free cash flow and a 3-4% dividend.NEM's focus on Tier-1 assets, Ahafo North growth and divestments boosts output visibility and confidence. Newmont Corporation (NEM) has witnessed a strong share price surge over the past six months, driven by a combination of supportive macro conditions, improving fundamentals and positive market sentiment. Shares of NEM h ...

Group 1: Company Overview - Eldorado Gold Corporation (NYSE:EGO) is recognized as one of the best gold mining companies to invest in currently [1] - The company focuses on gold and base metals production, with operations in Turkey, Canada, and Greece [6] Group 2: Price Target and Ratings - RBC Capital increased its price target on Eldorado Gold from $38 to $47 while maintaining a Buy rating [1] - BofA Securities raised its price target from $28 to $29 but reiterated an Underperform rating due to risks associated with the Skouries project [6] Group 3: Gold Price Outlook - BofA Securities expects gold prices to rise sharply, potentially reaching $5,000 per ounce by 2026, with a possibility of hitting $7,000 if the market mirrors the 2000s bull cycle [2][3] - The firm views gold as a top trade for 2026, anticipating a return of about 10% [3] Group 4: Reserve Update - Eldorado Gold increased its total proven and probable gold reserves by 5% year-over-year, reaching 12.5 million ounces, primarily driven by the Kisladag mine and the Lamaque Complex [5]

Core Viewpoint - AngloGold Ashanti plc (NYSE:AU) is recognized as one of the best gold mining companies to invest in, with multiple investment firms raising their price targets for the stock based on revised forecasts and market conditions [1][3][4]. Price Target Adjustments - Roth MKM increased its price target on AngloGold Ashanti from $84 to $92 while maintaining a Buy rating, reflecting updated estimates for Q4 2025 and beyond [1]. - Citi raised its price target from $90 to $105, and RBC Capital increased its target from $85 to $104, both retaining Buy ratings [3]. - JPMorgan also adjusted its price target from $128 to $131, reiterating an Overweight rating [4]. Gold and Silver Price Forecasts - Roth MKM raised its gold price forecast for 2026 from $2,863 to $4,125 and its silver forecast from $32.50 to $56.25, aligning estimates with current market conditions despite uncertainties in future prices [2]. Company Overview - AngloGold Ashanti plc operates globally with a diverse portfolio across 10 countries, engaging in various operations, projects, and exploration activities [4].

Core Viewpoint - Equinox Gold Corp. is divesting its Brazilian assets for $1.015 billion to focus on becoming a North American gold producer with a stronger financial position and improved asset portfolio [1][2]. Group 1: Transaction Details - Equinox Gold Corp. has entered into an agreement to sell its 100% interest in the Aurizona Mine, RDM Mine, and Bahia Complex in Brazil for $1.015 billion [1]. - The transaction is expected to close in the first quarter of 2026 [1]. Group 2: Strategic Implications - The sale is seen as a crucial step for Equinox Gold to enhance its balance sheet and financial stability, allowing the company to focus on longer-life, lower-cost assets in tier-one jurisdictions [2]. - The divestment will help accelerate balance sheet deleveraging, potentially supporting future shareholder returns [4]. Group 3: Market Analysis - Stifel has reaffirmed a Buy rating on Equinox Gold with a price target of C$24, noting that the deal values the Brazilian assets at approximately 0.6 times risk-adjusted net asset value [3]. - The sale is expected to secure about 3 to 3.5 years of future net cash flow from what is considered the company's lowest margin operating region [3].