Workflow
Metals
icon
Search documents
METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2025 AND PROVIDES ASSET UPDATES
Prnewswire· 2025-05-15 20:30
Core Insights - Metalla Royalty & Streaming Ltd. reported its operating and financial results for Q1 2025, highlighting progress in its royalty portfolio and various asset updates [1][2]. Company Highlights - The company recognized revenue from royalty and stream interests of $1.7 million, with a net loss of $0.7 million and Adjusted EBITDA of $0.9 million for the three months ended March 31, 2025 [5]. - Metalla accrued a total of 628 attributable Gold Equivalent Ounces (GEOs) during the quarter, with an average realized price of $2,855 per GEO and an average cash cost of $11 per GEO [5][54][55]. Asset Updates - **Tocantinzinho**: G Mining Ventures reported Q1 2025 gold production of 36 Koz, with production guidance reaffirmed at 175 to 200 Koz for the year [3][4]. - **Wharf**: Coeur Mining reported Q1 production of 20.5 Koz gold, with full-year guidance maintained at 90-100 Koz [7][8]. - **Aranzazu**: Aura Minerals confirmed a 10-year mine life and projected average annual production of 28.1 million pounds of copper, 25.2 Koz of gold, and 652 Koz of silver [10][11]. - **La Guitarra**: Sierra Madre commenced underground mining at the Coloso mine, which has higher grades than the initial mining front [13][15]. - **Endeavor**: Polymetals reported that redevelopment activities are on schedule, with first ore processing expected in May 2025 [19][20]. - **Côté-Gosselin**: IAMGOLD completed 12,000 meters of drilling at the Gosselin deposit, with plans for further drilling in 2025 [21][22]. Financial Performance - The company generated an operating cash margin of $2,844 per attributable GEO from various royalty interests [5]. - Adjusted working capital as of March 31, 2025, was reported at $11.768 million, reflecting a strong liquidity position [59]. Future Outlook - Metalla's diversified portfolio and ongoing exploration and development activities across its assets position the company for potential growth in the upcoming commodities cycle [50].
Commercial Metals Company Announces Closing of Tax-Exempt Bond Financing with Proceeds of $150.0 Million
Prnewswire· 2025-05-15 20:15
Group 1 - Commercial Metals Company (CMC) has completed the sale of $150.0 million in Solid Waste Disposal Facilities Revenue Bonds, which will be used to finance the construction of solid waste disposal facilities in Berkeley County, West Virginia [1][2] - The Bonds will have an interest rate of 4.625% per annum and are set to mature in 2055, with CMC responsible for the debt service and repayment of the principal [2] Group 2 - CMC is positioned as an innovative solutions provider in the construction sector, offering products and technologies to meet reinforcement needs across various applications, including infrastructure and energy generation [4]
Integra Resources: Solid Cash Flow During Q1 And Valuation Remains Very Attractive
Seeking Alpha· 2025-05-15 12:40
I primarily invest in turnarounds in natural resource industries, where I have a typical holding period of 2-3 years. Focusing on value offers good downside protection and can still provide great upside participation. The portfolio has over the last 6 years had a compounded annual growth rate of 27%. Sign up! If you like this article and are interested in more frequent analysis of my holding companies, real-time notifications on portfolio changes, together with macro and industry analysis. I would encourage ...
AMRK STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) Proposed Merger and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-15 12:01
Core Viewpoint - Kaskela Law LLC is investigating the fairness of the proposed merger between A-Mark Precious Metals, Inc. and Spectrum Group International, Inc. to assess whether it is fair to A-Mark investors [1] Group 1: Merger Details - A-Mark announced an agreement to acquire Spectrum in a transaction valued at $92 million, intending to finance it with 50% cash and 50% A-Mark common stock [2] - Following the announcement, A-Mark's stock price has decreased from over $27.00 per share to less than $22.00 per share [2] Group 2: Legal Investigation - The investigation aims to determine if A-Mark's officers and/or directors violated securities laws or breached fiduciary duties in the acquisition agreement and whether all material information about the transaction is disclosed to investors [3]
Buy Or Fear Wheaton Precious Metals Stock?
Forbes· 2025-05-15 10:05
Core Viewpoint - Wheaton Precious Metals (WPM) stock is considered appealing yet unpredictable due to its high valuation, making it a challenging investment choice at the current price of approximately $76 [1][11]. Valuation Comparison - WPM stock has a price-to-sales (P/S) ratio of 30.5, significantly higher than the S&P 500's 2.8 [3] - The price-to-free cash flow (P/FCF) ratio for WPM is 39.1 compared to 17.6 for the S&P 500 [3] - WPM's price-to-earnings (P/E) ratio stands at 56.0, while the S&P 500's is 24.5 [3] Revenue Growth - WPM's revenues have grown at an average rate of 2.0% over the last three years, compared to 6.2% for the S&P 500 [4] - Revenues increased by 29.7% from $1.0 billion to $1.3 billion in the last 12 months, contrasting with a 5.3% growth for the S&P 500 [4] - Quarterly revenues rose by 38.1% to $381 million from $313 million a year prior, while the S&P 500 saw a 4.9% improvement [4] Profitability Metrics - WPM's operating income over the last four quarters reached $669 million, reflecting an operating margin of 55.0%, compared to 13.1% for the S&P 500 [5] - The operating cash flow (OCF) during this period was $950 million, indicating an OCF margin of 78.1%, compared to 15.7% for the S&P 500 [5] - WPM's net income was $609 million, suggesting a net income margin of 50.1%, while the S&P 500's margin is 11.3% [5] Financial Stability - WPM's debt stood at $5.7 million at the end of the most recent quarter, with a market capitalization of $36 billion, resulting in a debt-to-equity ratio of 0.0% compared to 21.5% for the S&P 500 [8] - Cash and cash equivalents account for $818 million of the total assets of $7.4 billion, leading to a cash-to-assets ratio of 9.4%, compared to 15.0% for the S&P 500 [8] Downturn Resilience - WPM stock has shown more resilience than the S&P 500 during recent downturns, with a notable decline of 43.8% during the inflation shock of 2022, compared to a 25.4% drop for the S&P 500 [10] - The stock fully rebounded to its pre-crisis peak by April 2023 and reached a high of $85.77 in May 2025 [10] - During the COVID pandemic, WPM stock fell 28.7%, recovering fully by April 2020, while the S&P 500 experienced a 33.9% decline [10] Overall Performance Assessment - WPM's performance across various parameters is rated as follows: Growth - Very Strong, Profitability - Extremely Strong, Financial Stability - Very Strong, Downturn Resilience - Strong, Overall - Very Strong [13]
金饰克价一夜再跌17元 不少网友直呼“亏麻了”
Sou Hu Cai Jing· 2025-05-15 09:21
Core Viewpoint - Gold prices have experienced a significant decline, with spot gold dropping below $3150 per ounce, marking a new low since April 10. Domestic gold jewelry prices have also followed suit, reflecting the downward trend in international gold prices [1][3]. Price Movements - As of May 15, spot gold was priced at $3146.78, down 1.22% from the previous day. COMEX gold futures fell by 2.07% to $3180.7 per ounce, while London gold dropped 2.24% to $3176.58 per ounce [2][6]. - Domestic gold jewelry prices saw reductions, with brands like Chow Sang Sang and Luk Fook Jewelry pricing their gold at 975 RMB and 976 RMB per gram, respectively, down from over 1000 RMB per gram earlier in May [1][5]. Market Sentiment - Investors have reported significant losses due to the recent price drop, with many expressing frustration over their inability to sell at a profit. Some investors who had previously made gains are now facing substantial losses and are seeking advice on how to navigate the current market [2][3]. Analytical Insights - Analysts attribute the gold price correction to multiple factors, including increased market divergence and the historical peak of gold prices adjusted for M2 money supply. The technical indicators for gold price volatility are also showing a downward trend [3][6]. - The narrative surrounding the "collapse of dollar credit," which previously supported gold prices, has been disrupted. A strengthening dollar often signals the end of a gold bull market, and the upcoming potential interest rate cuts by the Federal Reserve may further diminish gold's appeal [6].
【期货热点追踪】贸易政策下的黄金博弈:许多贵金属从纽约流向伦敦、瑞士等其他市场,贵金属存供应过剩预期,为何投资需求却在持续增加?
news flash· 2025-05-15 07:40
期货热点追踪 贸易政策下的黄金博弈:许多贵金属从纽约流向伦敦、瑞士等其他市场,贵金属存供应过剩预期,为何 投资需求却在持续增加? 相关链接 ...
现货黄金失守3140美元!国内金饰跌至972元水平,4天跌超45元!
Sou Hu Cai Jing· 2025-05-15 05:21
国际金价又下跌了,国内金饰价格也应声下跌。 北京时间5月15日,现货黄金回落至3140美元/盎司下方,COMEX黄金期货主力也跌破3150美元/盎司, 双双创逾一个月来低位。 截至当日12:54,现货黄金日内跌1.25%,COMEX黄金期货主力也跌去1.22%。 中信证券认为,在全球经济不确定性加剧、地缘政治风险升温背景下,黄金避险保值属性凸显。中信证 券具体分析指出,金价自2025年4月22日创下历史最高收盘价826元/克以来,截至5月12日回调超8%。 消费者在近一年已形成稳定的金价看涨预期,当前金价表现将通过金融属性和商品属性拉动黄金首饰消 费量的提升。同时,进入2025Q2,低基数效应将显现:预计2025Q2我国限额以上(年主营业务收入500 万元及以上的零售业企业)金银珠宝零售额同比-4.0%,Q3为-7.7%,Q4为-0.5%。 面对金价波动,投资者应如何应对? 工信部信息通信经济专家委员会委员盘和林提醒投资者,按当前金价表现,黄金是一种投机品而不是投 资品,尤其不适合长期投资。黄金价格波动存在明显的周期性,一旦黄金上涨,那就是跨度巨大的;一 旦黄金周期结束,那么金价下跌也将是持续的。因此,投资者 ...
黄金霸权下的暗流:谁将成为下一个“乱世硬通货”?
Sou Hu Cai Jing· 2025-05-15 01:10
2025年的春天,全球资本市场的硝烟从未如此浓烈。当美债收益率在政策摇摆中剧烈震荡,当A股在产 业博弈中反复筑底,黄金价格却以摧枯拉朽之势突破每盎司3200美元大关,品牌金店的足金报价更是一 度冲破千元/克门槛。这场持续两年的避险狂潮,正在重塑全球资产的底层逻辑——当"不确定性"成为 新常态,谁能在黄金霸权之外开辟新的价值锚点? 美联储货币政策转向已进入倒计时。历史数据显示,首次降息后3个月内,铜、白银等工业属性贵金属 平均涨幅达18%,远超黄金的7%。而中美贸易协议的落地可能催生新主线:受益于关税减免的新能源 汽车、跨境支付、生物科技板块,或复制2024年鸿蒙智行产业链的爆发轨迹。更隐秘的机会藏在"非对 称风险"中——当市场集体押注降息时,做多波动率指数(VIX)的衍生品可能成为黑天鹅保险。 黄金神话背后的三重裂痕 黄金的暴涨绝非偶然:美联储降息预期、地缘冲突升级、数字货币体系动荡共同编织了这张避险之网。 但细察市场肌理,黄金的"绝对安全"已显疲态。5月中旬,中美关税谈判取得突破性进展,黄金ETF单 日跌幅近2%,暴露出传统避险资产对政策转向的脆弱性。更值得警惕的是,全球央行连续17个月的黄 金增持潮背后, ...
EXK Reports Break-Even Earnings for Q1, Low Volumes Offset Price Gains
ZACKS· 2025-05-14 18:21
Endeavour Silver Corporation (EXK) reported break-even earnings per share in the first quarter of 2025. The bottom line, however, missed the Zacks Consensus Estimate of earnings of three cents per share. Including one-time items, EXK reported a loss of 13 cents per share in the first quarter of 2025 compared with a loss of one cent in the first quarter of 2024. Endeavour Silver’s Q1 Revenues Flat Y/YThe company’s revenues were flat year over year at $64 million as gains from higher prices for silver and gol ...