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Why SSR Mining Stock Dropped Today
Yahoo Finance· 2026-02-17 16:14
Group 1 - SSR Mining's stock is highly correlated with gold prices, experiencing fluctuations in line with gold market trends [1][2] - Gold prices reached an all-time high of $5,419.80 per ounce on January 28, then fell to around $4,500 in early February, currently sitting at $4,871 [2] - Silver prices also peaked on January 28 at $116.58 per ounce, but have since declined and are currently at $72.95, failing to recover above $80 [3] Group 2 - SSR Mining is expected to report Q4 earnings, with analysts predicting earnings of $0.57 per share and full-year earnings of $1.72, suggesting a price-to-earnings ratio of 15 if the stock remains below $26 [4] - The stock is projected to double its profits annually over the next five years, indicating potential for growth despite current price volatility [4] - SSR Mining was not included in a recent list of the top 10 stocks recommended by the Motley Fool Stock Advisor, which may indicate a lack of confidence in its short-term performance compared to other investment opportunities [6]
Why Newmont Corporation Stock Dropped Today
Yahoo Finance· 2026-02-17 15:59
Group 1 - Newmont Corporation's stock is highly correlated with gold prices, experiencing fluctuations in line with gold market trends [1][2] - Gold prices have shown significant volatility, peaking at $5,419.80 per ounce on January 28 and currently sitting at $4,860 [2] - Silver prices also exhibit volatility, peaking at $116.58 per ounce on January 28 and currently priced at $72.70, failing to recover above $80 since early February [3] Group 2 - Newmont is set to report Q4 earnings, with analysts predicting earnings of $2.02 per share for the quarter and $6.46 for the year, indicating an 18.4 price-to-earnings ratio at the current share price of $119 [4] - Analysts project that Newmont's earnings will grow by 32% annually over the next five years, suggesting potential for future growth [4] - Despite the potential growth, Newmont was not included in a recent list of the top 10 stocks recommended by The Motley Fool Stock Advisor [5]
Why Coeur Mining Stock Dropped Today
Yahoo Finance· 2026-02-17 15:46
Core Insights - Coeur Mining's stock is highly correlated with gold prices, experiencing volatility as gold prices fluctuate [1][4] - As of the latest update, gold is priced at $4,855 per ounce, down from a peak of $5,419.80 on January 28 [4] - Silver prices have also seen significant volatility, currently at $72.69 per ounce, down from a peak of $116.58 on January 28 [5] Company Performance - Coeur Mining's stock has dropped 8% in response to falling gold prices [1] - The company is set to present at the BMO Global Metals, Mining & Critical Minerals conference on February 24, which may provide insights into its future performance [6] - Coeur's stock is currently valued at less than 12 times forward earnings, suggesting potential for price appreciation if positive news is announced [6] Market Context - The overall market sentiment is cautious, with analysts from The Motley Fool Stock Advisor not including Coeur Mining in their list of top investment recommendations [7] - Historical performance of stocks recommended by The Motley Fool indicates significant potential returns, highlighting the competitive landscape for investment opportunities [8]
Should You Buy, Sell or Hold Newmont Stock Ahead of Q4 Earnings?
ZACKS· 2026-02-17 14:41
Core Viewpoint - Newmont Corporation (NEM) is expected to report its fourth-quarter 2025 results on February 19, with anticipated benefits from higher gold prices despite challenges from weaker production [1][7]. Earnings Estimates - The Zacks Consensus Estimate for fourth-quarter earnings has been revised upward to $1.81 per share, indicating a 29.3% year-over-year increase [2][3]. - The consensus estimate for fourth-quarter revenues is projected at $5.76 billion, reflecting a roughly 2% increase from the previous year [2]. Production and Pricing Factors - Higher realized gold prices are expected to positively impact Newmont's revenues and margins for the fourth quarter [6][10]. - Gold prices increased nearly 13% in the fourth quarter and surged approximately 65% in 2025, with an average realized price for Newmont estimated at $3,560 per ounce, a 34.7% year-over-year rise [10][8]. - Newmont's production is anticipated to decline by about 25% year-over-year, with expected production of 1.415 million ounces for the fourth quarter, influenced by strategic divestments and lower grades [12][11]. Stock Performance and Valuation - Newmont's shares have increased by 170.1% over the past year, outperforming the Zacks Mining – Gold industry, which rose by 143.7% [13]. - The company is currently trading at a forward 12-month earnings multiple of 15.14, which is a 7.8% premium to the peer group average of 14.05 [17]. Growth and Strategic Positioning - Newmont is positioned for growth with a strong portfolio of projects aimed at expanding production capacity and extending mine life, which should drive revenues and profits [18]. - The acquisition of Newcrest Mining Limited is expected to enhance Newmont's portfolio and deliver significant shareholder value [18]. - The company's focus on high-return, long-life assets supports its long-term sustainability [19]. Financial Health - Newmont maintains a strong liquidity position and generates substantial cash flows, enabling it to fund growth projects and meet short-term obligations [19]. - The anticipated production decline due to divestments and lower grades may impact profitability goals [19]. Investment Outlook - Newmont is well-positioned for future expansion, supported by solid performance from its Tier 1 assets and a robust project pipeline [20]. - Elevated gold prices are expected to enhance margins and cash flow generation, although softer production levels could pressure near-term results [20].
Kinross Gold Stock Rallies 38% in 3 Months: What Should Investors Do?
ZACKS· 2026-02-17 14:41
Core Insights - Kinross Gold Corporation (KGC) shares have increased by 38.1% over the past three months, outperforming the Zacks Mining – Gold industry's growth of 36.1% and the S&P 500's rise of 3% [1][6] - The surge in KGC's stock price is attributed to strong earnings, higher gold prices, and solid operational performance across its mining assets [6] Price Performance - KGC has been trading above the 200-day simple moving average (SMA) since March 6, 2024, indicating a bullish trend [4] - The stock is also above its 50-day SMA, which is higher than the 200-day moving average [4] Development Projects - Kinross is advancing three organic growth projects in the U.S. aimed at extending mine life and optimizing costs, including Round Mountain Phase X, Bald Mountain Redbird 2, and Kettle River–Curlew [10] - These projects are expected to contribute 3 million ounces of life-of-mine production, with a combined Internal Rate of Return (IRR) of 55% and a post-tax Net Present Value (NPV) of $4.1 billion [11] Financial Health - KGC has a strong liquidity position, generating substantial cash flows to finance development projects and pay down debt [13] - The company reactivated its share buyback program in April 2025, returning over $750 million to shareholders through dividends and buybacks [13] - As of September 30, 2025, KGC had $1.6 billion in available credit and no debt maturities until 2033 [14] Gold Prices Impact - Gold prices surged by 65% in 2025, driven by aggressive trade policies and central bank purchases, which are expected to boost KGC's profitability [16][18] - Despite a recent pullback, gold prices remain elevated, currently around $5,000 per ounce [17] Production Costs - KGC faced a 17% year-over-year increase in production cost of sales per ounce to $1,145, with all-in-sustaining costs (AISC) rising nearly 20% to $1,622 per gold equivalent ounce sold [19] - The company anticipates an AISC of $1,500 per ounce for 2025, indicating continued inflationary pressure [19] Analyst Sentiment - Earnings estimates for KGC have been rising, with the Zacks Consensus Estimate for 2025 earnings at $1.69, reflecting a year-over-year growth of 148.5% [20] - Analysts expect earnings to grow approximately 52.9% in 2026 [20] Valuation - KGC is currently trading at a forward 12-month earnings multiple of 13.39, which is a 4.7% discount to the peer group average of 14.05 [24] - The company has a Value Score of B, indicating a favorable valuation compared to its peers [24] Investment Considerations - KGC's strong pipeline of development projects and solid financial health, along with rising earnings estimates, present positive investment opportunities [25] - However, higher production costs may pose challenges, suggesting a cautious approach for investors [25]
Greenheart Gold Provides an Update on Its Majorodam Project in Suriname, Including Results from Hole D-014 Which Intersected 15.3 m @ 3.72 g/t Au and a Planned 10,000 m Drill Program to Expand Mineralized Footprint
TMX Newsfile· 2026-02-17 14:30
Core Insights - Greenheart Gold Inc. has provided an update on its Majorodam exploration programs, highlighting significant drill results from its recent Phase 2 diamond drill program and the discovery of a new target zone called Gowtu [1][10]. Exploration Programs - The Phase 2 diamond drill program consisted of 10 holes totaling 1,055 meters, aimed at understanding the mineralization controls at Heuvel West and East, following a previous Phase 1 program of 11 holes and 2,311 meters [1][2]. - Significant intercepts from the Phase 2 program include hole D-014, which returned 15.3 meters grading 3.72 grams per tonne of gold, and hole D-013-W1, which returned 6.0 meters grading 3.04 grams per tonne [2][10]. New Target Discovery - The Gowtu zone, located in the northwest corner of the Majorodam project area, is characterized by a gold in soil anomaly measuring approximately 800 meters by 1,500 meters, associated with a granite/greenstone contact [4][10]. - The overall soil anomaly extends over 15 kilometers from the Heuvel West Target to the Gowtu Target, indicating a potentially significant area for further exploration [1][10]. Future Drill Plans - Greenheart Gold plans to initiate a follow-up drill program totaling approximately 10,000 meters, targeting the Heuvel West, Heuvel East, and Gowtu zones to expand and infill existing targets [6][10]. - The drilling at Heuvel West will focus on areas between existing intercepts, while the Gowtu Target will be tested to confirm soil survey results and assess the continuity of the gold anomaly [6][10]. Company Background - Greenheart Gold is an exploration company focused on the Guiana Shield, aiming to explore and develop a portfolio of early-stage projects in Guyana and Suriname that are prospective for orogenic gold deposits [9].
GoldHaven Confirms Gold Mineralization in Bedrock at Copeçal West Target, Including 39m of Mineralization in First-Ever Drilling
Globenewswire· 2026-02-17 13:30
Core Insights - GoldHaven Resources Corp. has reported significant results from its first diamond drill program at the Copeçal Gold Project in Brazil, confirming gold mineralization in unweathered bedrock for the first time, which supports the geological model of an underlying hydrothermal gold system [1][21]. Group 1: Drill Results - Hole COPE-PDH-008 intersected 39.0 meters at 0.11 g/t Au from 58.0 meters in unweathered granodiorite-gneiss, including high-grade intervals of 1.69 g/t Au over 1.0 meter [5][9]. - All four drill holes at the West Target confirmed gold mineralization, with assay values significantly exceeding local background levels [4][6]. - The presence of sheeted quartz veining and structural deformation in the fresh rock interval is consistent with the intrusion-related gold architecture of the Juruena Province [5][17]. Group 2: Geological Context - The Copeçal Project is located within the Juruena Gold Province, known for hosting various gold deposit styles, including mesothermal shear-related and intrusion-related systems [10][25]. - The geological model suggests that the 6-kilometer surface anomaly is sourced from an in-situ hydrothermal gold system, enhancing the prospectivity of the project [5][21]. - The region's mineralization is associated with structurally controlled hydrothermal systems, quartz veining, and alteration, which are critical for ongoing exploration efforts [11][25]. Group 3: Next Steps - The company plans to conduct an integrated work program to advance the Copeçal West toward systematic resource-stage exploration, including physical property measurements and geochemical data reviews [24][18]. - Follow-up drilling will be designed to target structural gold shoots directly, guided by integrated geophysical and alteration data [14][24]. - The integration of historical datasets with new drill core data will help define priority follow-up drill corridors within the 6-kilometer anomaly [24].
Roxmore Announces a C$30,000,000 Non-Brokered Private Placement to Advance the Converse Gold Project
Accessnewswire· 2026-02-17 13:20
Core Viewpoint - Roxmore Resources Inc. has announced a non-brokered private placement of common shares, aiming to raise aggregate gross proceeds of C$30,000,000 [1] Group 1 - The company, formerly known as Axcap Ventures Inc., is listed on the TSX under the ticker RM and on OTCQX as GARLF [1] - The offering consists of common shares of the company [1]
Forrestania to acquire MacPhersons from Beacon Mining
Yahoo Finance· 2026-02-17 13:02
Forrestania Resources has signed a binding heads of agreement to acquire the entirety of MacPhersons Reward from Beacon Mining, a subsidiary of Beacon Minerals. The acquisition includes a total cash payment of A$5m. This amount includes an initial non-refundable deposit of A$500,000 upon the execution of the agreement. The remaining A$4.5m will be paid at the completion of the acquisition. Additionally, Forrestania will issue 36 million fully paid ordinary shares in its capital, each valued at A$0.38. ...
Analyst Boosts KGC Target to C$65 on Cash Flow Strength
Yahoo Finance· 2026-02-17 12:55
We recently published an article titled 11 Best Canadian Growth Stocks to Buy According to Hedge Funds. On February 10, Stifel analyst Ralph Profiti raised his price target on Kinross Gold Corporation (NYSE:KGC) to C$65 from C$45 while maintaining a Buy rating, reflecting increased confidence in the company’s operational performance and cash flow generation amid a favorable gold price environment. The higher target signals a reassessment of Kinross’ earnings power as strong commodity pricing and disciplin ...