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AZZ(AZZ) - 2026 Q1 - Earnings Call Presentation
2025-07-09 22:15
Financial Performance - Q1 Fiscal Year 2026 sales reached $422 million, a 2.1% increase compared to the previous year[3] - Adjusted EBITDA for Q1 Fiscal Year 2026 was $106.4 million, a significant 21.9% increase[3] - Adjusted Diluted EPS for Q1 Fiscal Year 2026 was $1.78, up 13.1%[3] - Reported Diluted EPS was $5.66, a substantial 510.1% increase[3] Segment Performance - Metal Coatings sales were $187.2 million, a 6.0% increase[1, 5] - Precoat Metals sales were $234.7 million, a slight decrease of 0.8%[1, 6] - Metal Coatings operating income was $61.5 million[5] - Precoat Metals operating income was $39.4 million[6] - Metal Coatings Adjusted EBITDA was $50.7 million[5] - Precoat Metals Adjusted EBITDA was $48.5 million[6] Balance Sheet and Guidance - Q1 cash provided by operating activities was $314.8 million, including a $273.2 million AVAIL distribution[1] - Debt reduction amounted to $285 million, resulting in a net leverage ratio of 1.7X[1] - The company updated its FY 2026 guidance with sales projected between $1.625 billion and $1.725 billion[1] - Adjusted EBITDA is expected to be in the range of $360 million to $400 million[1] - Adjusted Diluted EPS is projected to be between $5.75 and $6.25[1]
Imperial Reports Mount Polley Production Update for 2025 Second Quarter
Globenewswire· 2025-07-09 21:22
Production Overview - Imperial Metals Corporation reported quarterly production from the Mount Polley mine, achieving 9.496 million pounds of copper and 11,061 ounces of gold in Q2 2025, an increase from 9.281 million pounds of copper and 10,009 ounces of gold in Q2 2024 [1][2] - Mill throughput increased by 2.6% in Q2 2025, with 1.759 million tonnes treated compared to 1.714 million tonnes in Q2 2024, contributing to higher copper and gold production [3] Year-to-Date Performance - For the first half of 2025, copper production rose by 10.6% and gold production increased by 8.3% compared to the same period in 2024, driven by improvements in throughput, grades, and recoveries [4] Detailed Production Metrics - In Q2 2025, the ore milled was 1,759,093 tonnes, with a daily milling rate of 19,331 tonnes. The copper grade was 0.295%, and the gold grade was 0.286 g/t. Copper recovery was 83.0%, while gold recovery was 68.4% [5] - For the first six months of 2025, the total ore milled was 3,480,862 tonnes, with a copper grade of 0.288% and a gold grade of 0.280 g/t. The copper recovery was 83.2%, and the gold recovery was 69.1% [5] Mining Operations - Mining activities continued in the lower Springer Pit in Phase 4, with ongoing stripping for Phase 5 pushback on the east wall of the pit during the quarter [5] Company Profile - Imperial Metals Corporation is based in Vancouver and operates the Mount Polley mine (100% ownership), the Huckleberry mine (100% ownership), and holds a 30% interest in the Red Chris mine, along with a portfolio of 23 exploration properties in British Columbia [7]
X @Investopedia
Investopedia· 2025-07-09 13:30
Shares of American metals firm Freeport-McMoRan surged Tuesday as President Donald Trump said at a Cabinet meeting that he would impose a 50% tariff on copper imports. https://t.co/XjLp1A4Yhp ...
美国威胁对进口铜加征关税 铜价影响几何?
Xin Hua Cai Jing· 2025-07-09 11:19
美国总统特朗普8日表示,将对所有进口到美国的铜征收50%的新关税,引发铜市场异动,纽约COMEX铜创出近几十年最大涨幅,而伦敦LME铜则出现快 速下跌走势,两地铜价差攀升至历史极值。 多位接受新华财经采访的分析师均表示,美国关税政策落地后,全球铜价走势进一步分化,后续铜供应链或面临重构,中美欧三地铜价或呈现"美国价格逼 空上行,欧洲价格承压下行,中国价格抗跌韧性"的剧烈分化。 中美欧三地铜价走势分化 受关税政策扰动,隔夜市场纽约COMEX铜期货大幅拉升,日内一度飙升17%,创下单日最大涨幅纪录,最高报每磅5.8955美元(约合每吨12628美元)。沪 铜夜盘也跟随纽铜小幅上涨,收报每吨80030元,表现稳健;但跨市场套利资金则打压LME铜价,伦敦LME铜走势承压,收跌1.22%,报每吨9665美元,美 铜和伦铜价差一度攀升至每吨2750美元的历史极值。 图片来源:新华财经 物产中大期货副总经理、首席经济学家景川对新华财经解释称,在特朗普关税政策扰动下,引发市场对美国铜供应中断的担忧,或加剧全球铜库存分布失衡 的局面。 与此同时,纽约伦敦铜价差持续攀升,吸引大量跨市套利交易,这些套利行为加剧了市场扭曲。短期内有 ...
GFG Receives C$200,000 Grant from the Ontario Junior Exploration Program
Globenewswire· 2025-07-09 10:30
SASKATOON, Saskatchewan, July 09, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce it has been awarded funding from the Ontario Junior Exploration Program (“OJEP”) in support of its 2025 exploration activities at its projects located in the Timmins Gold District of Ontario. Under the terms of the program, GFG has received C$200,000 in matching funds to offset eligible exploration expenditures, including drilling, geophysical surveys, and ...
Fortuna delivers production of 71,229 gold equivalent ounces from ongoing operations for the second quarter of 2025
Globenewswire· 2025-07-09 09:00
VANCOUVER, British Columbia, July 09, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports production results for the second quarter of 2025 from its three operating mines located in West Africa and Latin America. Q2 2025 highlights Gold production from ongoing operations of 61,736 ounces; compared to 56,000 oz Au in Q2 20241,2 and 58,820 oz Au in Q1 20251,3Gold equivalent production from ongoing operations of 71,229 ounces4 compared to 71,368 gold equivalent ounces (GEO) in Q2 20241 ...
7月8日最新金价出炉:金条、金饰和回收价格都在这里
Sou Hu Cai Jing· 2025-07-09 02:22
黄金投资指南:稳健保值,切忌盲目跟风 最近,总能听到身边人发出这样的疑问:"现在金价怎么样?还能回本吗?"甚至有人刚购入金条,就迫不及待地想出手变现。究其原因,很多人并非真正了 解黄金市场,而是盲目追随"别人都在买"的潮流。那么,当前金价究竟是涨是跌?本文将为你抽丝剥茧,理清黄金投资的门道。 国际金价下跌,国内金价微涨:市场震荡,风险犹存 先来看一组数据:7月8日,国内金价报收于772.50元/克,较前一日小幅上涨0.93元。虽然涨幅不大,但表明国内市场需求相对稳定。与此同时,国际金价却 传来跌讯,报收于3323.40美元/盎司,较前一日下跌13.53美元。这一现象引发了不少投资者的疑惑:为何国内涨,国际跌? 究其原因,国际金价的下跌主要受美联储政策的影响。美联储释放出维持高利率的信号,叠加美元强势和美债收益率飙升,导致黄金的吸引力下降,部分资 金撤离,金价随之回落。值得注意的是,白银和铂金价格小幅上涨,预示着贵金属市场正处于震荡调整期,整体波动性加剧。 投资建议:分批买入,控制仓位 相比之下,金店黄金首饰的价格则高高在上,今日大牌金店的价格依旧在985元-1006元/克区间浮动。需要注意的是,黄金首饰的价格 ...
LSEG跟“宗” | 9月美减息信念支撑股票市场 金价安静是收集时机
Refinitiv路孚特· 2025-07-09 02:11
李冈峰 欧洲天然资源基金 Commodity Discovery 特约分析师 这是一个主要从美国每周的CFTC数据公布基金(Managed Positions)在当地期货市场的各种部署,继而反映 现时市场对贵金属的情绪和对短/中期的一个价格判断。美国每周五收市后公布的CFTC数据,记录日为刚过 去的周二(如果过去一周原本工作日是假日的话数据出炉会延期)。 概要 市场认为今年9月美国会开始减息,机率达75.1%,这也可能是近期全球股票市场炽热的主要原因 (最近留意到香港政府在市场上买港元维持跟美元汇率,可能代表资金回流美国)。美股没崩,导致 市场资金变得更投机和进取,这也可能是近期白银、铂金及铜等开始领跑的主要原因,相反之前 一直强势的黄金却静了下来(但执笔时依然在3300美元上方!) 世界银行早前宣布,预计今年全球经济增长只有2.3%,较今年年初预测的2.8%低。如果他们对未 来2年的经济预测也比较靠谱, 那2020-2027年将会是自1960年以来经济增长最低的年代 。 经济 低增长加上贸易政策,他们相信今年商品的平均价格会同比下跌10%,明年平均值再下跌6%;相 反他们比较看好黄金、白银及铂金类金属,认为 ...
有色套利早报-20250709
Yong An Qi Huo· 2025-07-09 01:10
国内价格 LME价格 比价 现货 16875 2023 8.35 三月 17190 2047 10.73 均衡比价 盈利 现货进口 8.84 -983.40 跨期套利跟踪 2025/07/09 铜 次月-现货月 三月-现货月 四月-现货月 五月-现货月 价差 70 -100 -340 -550 理论价差 500 898 1304 1711 锌 次月-现货月 三月-现货月 四月-现货月 五月-现货月 价差 -85 -175 -245 -300 理论价差 214 333 453 573 铝 次月-现货月 三月-现货月四月-现货月 五月-现货月 价差 -90 -145 -225 -300 理论价差 214 329 444 559 铅 次月-现货月 三月-现货 月 四月-现货月 五月-现货月 价差 -5 25 10 5 理论价差 211 318 424 531 镍 次月-现货月 三月-现货月 四月-现货 月 五月-现货月 价差 130 250 370 600 锡 5-1 价差 -1030 理论价差 5483 期现套利跟踪 2025/07/09 铜 当月合约-现货 次月合约-现货 价差 -215 -145 理论价差 1 ...
中原证券晨会聚焦-20250709
Zhongyuan Securities· 2025-07-09 00:50
分析师:张刚 登记编码:S0730511010001 zhanggang@ccnew.com 021-50586990 晨会聚焦 | 指数名称 | | 收盘 | 涨跌幅(%) | | --- | --- | --- | --- | | 道琼斯 | | 30,772.79 | -0.67 | | 标普 | 500 | 3,801.78 | -0.45 | | 纳斯达克 | | 11,247.58 | -0.15 | | 德国 | DAX | 12,756.32 | -1.16 | | 富时 | 100 | 7,156.37 | -0.74 | | 日经 | 225 | 26,643.39 | 0.62 | | 恒生指数 | | 24,148.07 | 1.09 | 资料来源:Wind,中原证券 资料来源:Wind,中原证券 -7% -2% 4% 10% 16% 22% 28% 34% 2024.07 2024.11 2025.03 2025.07 上证指数 深证成指 | 国内市场表现 | | | | | | --- | --- | --- | --- | --- | | 指数名称 | | 昨日收盘价 | 涨跌幅 ...