Core Viewpoint - AngloGold Ashanti PLC (AU) and Newmont Corporation (NEM) are both major gold producers benefiting from rising gold prices, which are currently around $4,500 per ounce, reflecting a 70.6% increase over the past year [2][19]. AngloGold Ashanti (AU) - AU has a diversified portfolio with operations in multiple countries, including South Africa, Argentina, and Ghana, and has made significant acquisitions, including Augusta Gold Corp and Centamin, enhancing its production capabilities [3][4]. - The company reported a 17% year-over-year increase in gold production to 768,000 ounces in Q3 2025, with gold revenues rising 61.9% to $2.37 billion [5]. - Projected gold production for 2025 is between 2.9 million and 3.225 million ounces, indicating a year-over-year growth of 9-21% [6]. - Despite facing higher operating costs, AU generated a record $920 million in free cash flow in Q3, a 141% increase year-over-year, and ended the quarter with $3.9 billion in liquidity [8]. - The company is focused on its Full Asset Potential program to mitigate inflationary impacts and streamline operations, particularly in the U.S. [9]. Newmont Corporation (NEM) - NEM is one of the largest gold producers globally, with operations in Nevada, Peru, and Ghana, and has recently achieved commercial production at the Ahafo North project, expected to produce 275,000 to 325,000 ounces annually [12]. - The company produced 1.42 million ounces of gold in Q3 2025, a 15% decrease year-over-year due to reduced grades and planned shutdowns [14]. - NEM anticipates maintaining its expected gold production for 2025 at 5.9 million ounces, down from 6.85 million ounces in 2024 [15]. - The company generated a record free cash flow of $1.6 billion in Q3, marking the fourth consecutive quarter with over $1 billion in free cash flow [15]. Earnings Estimates - The Zacks Consensus Estimate for AU's 2025 earnings is $5.51 per share, indicating a year-over-year growth of 149.3% [16]. - For NEM, the earnings estimate for 2025 is $6.06 per share, reflecting a year-over-year increase of 74.1% [18]. Price Performance & Valuation - Over the past year, AU's stock has increased by 297.3%, while NEM's stock has risen by 179.4% [19]. - AU is trading at a forward 12-month earnings multiple of 11.54X, while NEM is at 14.94X [20]. Investment Consideration - Both AU and NEM are well-positioned to benefit from the ongoing gold price rally, but AU has shown stronger price performance and a more attractive valuation, making it a more compelling investment choice at this time [23][24].

Core Viewpoint - Sixty North Gold Mining Ltd. has successfully closed a $3,600,000 term loan from Vesta Wealth Partners to support the development of its Mon Gold Mine, which is expected to be the only operating gold mine in the Northwest Territories [1][3]. Financing Details - The loan will be disbursed in three scheduled payments totaling $3,600,000, repayable within 36 months of closing [3][10]. - The company will pay 12% interest per annum on any outstanding principal, with no principal payments required until December 2026 [10]. - Vesta will receive 6,650,000 share purchase warrants, exercisable at $0.14 per warrant for three years, and a 2.5% net smelter return royalty on activities at the Mon Gold Mine for a minimum of four years [10]. Project Development - The Mon Gold Mine is designed to produce 100 tonnes per day (tpd) of feed to the recently purchased mill, with funds allocated for mobilizing the mill, installation, and commissioning [2]. - The mine is located 45 km north of Yellowknife and is the first to be started in the Yellowknife Gold Belt since 1948 [1][4]. - Historical production at the site averaged 30 grams per tonne (gpt) of gold, with plans to develop stopes in various zones to feed the mill [4][5]. Strategic Importance - The financing is seen as a significant step towards revitalizing a premier gold-producing region, with Vesta expressing confidence in the high-grade potential of the Yellowknife Gold Belt [3]. - The company aims to explore additional gold, silver, and base metal targets on the property as warranted [5].

Core Viewpoint - Big Ridge Gold Corp. has successfully held its annual and special meeting of shareholders, where all proposed resolutions were approved, including the re-election of directors and the amended share option plan [1]. Group 1: Shareholder Meeting Outcomes - Shareholders approved the re-election of five directors: Kristina Bates, Mike Bandrowski, Nick Tintor, Richard J. Mazur, and Paul Pint [1]. - The re-appointment of the Company's auditors was also approved during the meeting [1]. - The amended and restated share option plan (Amended SOP) was approved, which is effective as of December 23, 2025 [2]. Group 2: Amended Share Option Plan Details - The Amended SOP allows for stock options to be issued to bona fide directors, officers, employees, and consultants of the Company [2]. - It is a "rolling" plan, with a maximum of 10% of the Company's issued and outstanding common shares reserved for issuance under the Amended SOP, which includes 11,335,848 common shares already reserved under the previous plan [2]. - The Amended SOP is subject to restrictions in accordance with Policy 4.4 of the TSX Venture Exchange and requires final approval from the TSXV [3]. Group 3: Company Overview - Big Ridge Gold Corp. is an exploration and development company focused on advanced stage mining projects, emphasizing industry best practices and strong community relations [4]. - The Company owns a 100% interest in the Hope Brook Gold Project in Newfoundland and Labrador, the Oxford Gold Project in Manitoba, and the Destiny Gold Project in Quebec [4].

Investors might want to bet on Harmony Gold (HMY) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The ...

Market Overview - The S&P 500 has reached a new all-time closing high, continuing its momentum into the Christmas holiday, with a notable rotation into rate-sensitive areas like small-caps following the Fed's interest rate cuts [1] - The market is currently in a favorable three-month stretch from November to January, which historically leans bullish [2] Santa Claus Rally - The Santa Claus Rally (SCR) is a seven-day period that includes the last five trading days of the year and the first two trading days of the new year, with the first day of SCR marking the final trading day before Christmas [6] - Historically, the SCR has shown strong performance, with the S&P 500 averaging a gain of 1.3% and being positive nearly 80% of the time since 1950 [7] - A positive return during the SCR typically indicates a strong performance for the S&P 500 in the following year, averaging gains of over 10% [7] Company-Specific Insights - Intel (INTC) experienced a 2% decline in stock price after reports indicated that Nvidia halted a test of Intel's production process for advanced chips, raising concerns about the practicality of Intel's manufacturing capabilities [10][11] - Nvidia had previously announced a collaboration with Intel, which included a $5 billion investment in Intel's common stock, boosting Intel's shares prior to the recent negative news [12] - Agnico Eagle Mines (AEM), a gold producer, has seen its stock soar over 130% year-to-date, maintaining a Zacks Rank 1 (Strong Buy) due to favorable earnings estimate revisions [13]

Core Insights - Aris Mining Corporation (ARMN) reported a significant increase in gold production in Q3 2025, producing 73,236 ounces, which is a 36.6% year-over-year increase and a 25% increase from the previous quarter [1][8] - The growth in production is primarily attributed to the Segovia mine, which saw a 38% year-over-year increase in output to 65,549 ounces [2][8] - The Marmato upper mine also contributed with a production of 7,687 ounces, reflecting a 25.7% increase from the same quarter last year [2] Production and Expansion - The commissioning of a second mill at the Segovia mine has enhanced its gold processing capacity, driving production growth [1] - The development of the Bulk Mining Zone at the Marmato upper mine is progressing, with first gold exploration anticipated in the second half of 2026 [1] - Aris Mining holds a 51% stake in the Soto Norte Project, which has been confirmed as a high-potential undeveloped gold asset in the Americas [3] - A preliminary economic assessment (PEA) for the fully owned Toroparu Project in Guyana indicates its potential to become a long-lasting and low-cost mine [3] Future Production Outlook - The company is projected to produce between 230,000 and 275,000 ounces of gold in 2025, positioning itself well for growth in Latin America's gold mining sector [4] Peer Comparison - B2Gold Corp. (BTG) reported a consolidated gold production of 254,369 ounces in Q3 2025, a 40.9% year-over-year increase, and is on track to meet its production expectations for 2025 [5] - Barrick Mining Corp. (B) experienced a 12% year-over-year decline in consolidated gold production to 829,000 ounces in Q3 2025, with a forecast of 3.15-3.5 million ounces for 2025 [6] Stock Performance and Valuation - Aris Mining's shares have surged 138.5% over the past six months, outperforming the industry growth of 70.6% [7] - The company is trading at a forward price-to-earnings ratio of 7.54X, significantly lower than the industry's average of 14.03X [10] - The Zacks Consensus Estimate for Aris Mining's earnings has remained stable over the past 30 days, with a Zacks Rank of 1 (Strong Buy) [11]

Group 1: Aerospace Industry Insights - Howmet Aerospace (HWM) is approaching a new buy point after strong recent gains, making it a notable stock for IBD 50 Growth Stocks To Watch [5] - Howmet supplies aircraft parts, including engine turbine blades, for both new commercial jets and military aircraft like the F-35 [5] - Heico and Howmet are both nearing buy points, indicating a positive outlook for aerospace parts suppliers as Wall Street anticipates a good year ahead [6] Group 2: Market Trends and Stock Performance - The article discusses the potential for a Santa Claus Rally, suggesting that significant market movements may be on the horizon [3] - The performance of gold and silver miners is highlighted, with Pan American leading a list of newcomers to stock watchlists, alongside Wheaton and Newmont [8] - Nvidia is identified as a leading AI heavyweight, featuring prominently on various IBD watchlists, indicating strong interest in AI-related stocks [10]

Among the factors most important to determine whether a gold stock is worthy of investment are: management competency, gold deposit size & longevity, and complexity of the mine plan. Rio2 Limited ( RIOFF ) meritsI developed my acumen as a keen stock researcher, analyst and investor for 27 years, after having read the fabulous books written by Peter Lynch and Warren Buffett. I favor small-cap stocks since these are more likely to become doubles and triples. I believe that holding undervalued stocks backed by ...

Core Insights - The article emphasizes the potential of small-cap stocks, particularly micro-cap stocks, which are often overlooked by Wall Street, presenting significant investment opportunities [1] - It advocates for investing in undervalued stocks that are backed by hard assets such as land, natural gas, oil, real estate, gold, and silver, which are expected to yield profitable returns [1] - The article highlights the importance of companies maintaining a strong balance sheet, specifically those with zero long-term debt, to better withstand economic downturns [1] Investment Strategy - The investment strategy focuses on purchasing undervalued, emerging stocks before they gain popularity, which can lead to lucrative gains, although patience is required [1] - The article suggests that the Federal Reserve's policies of creating digital and paper money contribute to the devaluation of the dollar, making gold a reliable store of value [1] - Companies with significantly more cash assets than debt are positioned to survive economic challenges, providing an opportunity for investors to capitalize on their undervalued status [1]

Last week was the first trading day for Tiernan Gold ( TNGD:CA ), which completed its IPO at a C$240M valuation. The company was structured around an asset from Hochschild Mining ( HCHDF ), which remains the company’s controlling andThe Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly believes a portfolio should consist of a mixture of dividend and growth stocks. He is the leader of the investment group European Small Cap Ideas which o ...