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New Strong Buy Stocks for Nov. 11: HOOD, TCMD, and More
ZACKS· 2025-11-11 12:31
Group 1 - Tactile Systems Technology, Inc. (TCMD) has seen a 29% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Harmony Gold Mining Company Limited (HMY) has experienced a 12.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Robinhood Markets, Inc. (HOOD) has reported a 21.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Fabrinet (FN) has seen an 8.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - TE Connectivity plc (TEL) has experienced a 7.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
South Pacific Metals Corp. Reports Rock Chip Assays with High-Grade Copper up to 21.2% at Ontenu NE
Newsfile· 2025-11-11 12:30
Core Insights - South Pacific Metals Corp. has reported high-grade copper assay results from the Ontenu NE prospect, with values reaching up to 21.2% copper, indicating significant mineralization potential in the area [1][4][6]. Summary by Sections Company Overview - South Pacific Metals Corp. operates in Papua New Guinea's gold and copper production corridors, with a focus on exploration and discovery across its projects, including the Osena Project [21][23]. Recent Developments - The company has received multi-element rock chip assay results from the Ontenu NE prospect, which is part of the Osena Project located within the Kainantu Transfer Zone [1][4]. - The latest assays complement previously released high-grade gold results, showcasing a strong association of gold and base metals in the mineralized structures [3][4]. Assay Results - Significant assay results include: - 21.2% Cu, 214 g/t Ag, and 0.41 g/t Au from a 0.25m massive sulphide sample [6]. - 18.1% Cu, 310 g/t Ag, and 0.32 g/t Au from a 0.7m splay structure [6]. - 12.4% Cu, 131 g/t Ag, and 1.21 g/t Au from a 0.2-0.5m splay structure [6]. - Additional results from a separate zone at Ontenu NE include 1.2% Cu, 258 g/t Ag, and 8.65% Zn in a narrow quartz vein [6]. Geological Context - The Ontenu NE prospect features a 2 sq km area with multiple mineralized structures, characterized by a 19m wide zone of structures at the Onki Fault area [12][15]. - The geological setting is indicative of intermediate sulfidation epithermal deposits, similar to those mined by K92 Mining [4][14]. Future Plans - The company has commenced drilling in the southern part of Ontenu NE, aiming to test the high-potential structures identified through recent mapping and sampling [4][19].
Jaguar Mining (OTCPK:JAGG.F) 2025 Conference Transcript
2025-11-11 12:17
Summary of Jaguar Mining Conference Call Company Overview - **Company**: Jaguar Mining (OTCPK:JAGG.F) - **Location**: Brazil, specifically in the Minas Gerais state near Belo Horizonte - **Type**: Mid-tier gold producer - **Production History**: 20 years since founding in 2002 - **Current Operations**: Three complexes - Caeté (in production), Paciência (care and maintenance since 2012), and Turmalina (production halted due to incident) [2][3] Key Financials and Production Metrics - **Measured and Indicated Resources**: 1.66 million ounces - **Inferred Resources**: 1.68 million ounces - **Reserves**: 764,000 ounces at a grade of 4 grams per ton - **Production (2025)**: 40,000 ounces from Pilar mine at a cost of $1,845 per ounce, generating an adjusted EBITDA of nearly $60 million [3][6][9] Incident and Financial Impact - **Incident**: Dry stacking pile slump at Turmalina mine in December - **Community Compensation**: $10 million - **Environmental Fine**: $11 million - **Lawsuit Settlement**: $7 million - **Total Costs from Incident**: $27 million, manageable through installment payments over 1 to 5 years [6][7][8] Strategic Pillars for Growth 1. **Maximize Core Assets**: Focus on extracting maximum value from current mines and plants, with all plants having spare capacity [5] 2. **Leverage Exploration Portfolio**: 46,000 hectares of mineral rights in the Iron Quadrangle, with a five-year exploration plan targeting 220,000 meters of drilling to define 1 million ounces per year [5][12][13] 3. **Pursue Strategic Opportunities (M&A)**: Targeting assets that can sustain at least 100,000 ounces of production per year, focusing on junior companies with advanced projects [5][19] Future Production Plans - **Turmalina Restart**: Expected in Q1 2026 after stabilization work and geotechnical report [8] - **São Isabel Mine**: Under reassessment for reopening [9] - **Onças de Pitaingui Project**: Greenfield project with 284,000 ounces of reserve at 4.16 grams per ton, expected to add 42,000 ounces per year starting in 2027 [10] Exploration Potential - **Targets**: Identified potential for new deposits similar to world-class mines in the region (Cuiabá and Morro Velho) [11][12] - **Chamet Target**: Potential for 1 million ounces of endowment based on historical high-grade material found [16] - **Pilar Mine**: Additional exploration potential could yield another 500,000 ounces [18] Market Position - **Valuation**: Jaguar is trading at a significant discount compared to peers, presenting a potential investment opportunity [19][20] - **Major Shareholder**: Eric Sprott holds 47% of the company, indicating strong support [20]
Omai Gold Mines (OTCPK:OMGG.F) 2025 Conference Transcript
2025-11-11 12:02
Summary of Omai Gold Mines Conference Call Company Overview - **Company**: Omai Gold Mines (OTCPK:OMGG.F) - **Date of Conference**: November 11, 2025 - **Speaker**: Jason Brewster, VP of Operations and Technical Services Key Highlights - **Mineral Resource Update**: Omai Gold Mines reported a total of **6.5 million ounces** of gold across two deposits: the **Wenot deposit** (4.7 million ounces, open pit) and the **Guilk Creek deposit** (1.8 million ounces, underground) [2][3] - **Resource Increase**: This represents a **96% increase** from the previous resource estimate, with an addition of **2.2 million ounces** in one year of drilling [3] - **Preliminary Economic Assessment (PEA)**: The base case PEA conducted in April 2024 indicated a **13-year mine life** with a **Net Present Value (NPV)** of **$560 million** at a gold price of **$1,950** [4] Operational Insights - **Drilling Activities**: Over **30,000 meters** of drilling completed this year, with expectations to reach **40,000 meters** by year-end [5] - **Funding Status**: The company raised **CAD 40 million**, bringing total funds to approximately **CAD 59 million** (or **$41 million USD**) [5] - **Shareholder Structure**: Approximately **718 million shares** outstanding, with no single shareholder holding more than **10%** [7] Geological and Infrastructure Advantages - **Brownfields Site**: The project benefits from existing infrastructure, including road access and an old tailings facility with a capacity of **100 million tons** [4][12] - **Location**: Situated in the **Guyana Shield**, close to the **Eagle Mountain deposit**, with ongoing infrastructure improvements due to the oil sector's growth [9][10] - **Government Support**: Guyana ranked as the **9th** top mining investment jurisdiction globally, with active government efforts to boost mining investments [10][11] Exploration and Future Plans - **Exploration Targets**: Ongoing drilling at near-surface satellite deposits to enhance project economics [3][13] - **Updated PEA**: An updated PEA is in progress to include all **6.5 million ounces** of the deposit [18] - **Geological Findings**: High-grade intersections found at depth, indicating potential for further resource expansion [15][17] Market Context - **Gold Price Trends**: Historical gold prices during the previous production period averaged **$375**, with significant profitability even at lower prices [6] - **Economic Growth**: Guyana is projected to have the highest GDP per capita in the world by **2027**, which may positively impact mining operations [10] Conclusion Omai Gold Mines is positioned for significant growth with a robust resource base, strong funding, and favorable geological and infrastructural conditions. The ongoing exploration and updated economic assessments are expected to further enhance the company's value proposition in the gold mining sector.
Abcourt Presents Operations Update for October 2025 in the Development of the Sleeping Giant Mine
Globenewswire· 2025-11-11 12:00
Core Viewpoint - Abcourt Mines Inc. provided an update on the development work at the Sleeping Giant mine, highlighting progress in production, hiring, and upcoming marketing efforts to attract investors [1][4]. Production and Development - In October, the company milled 2,563 tonnes of ore with a mill head grade of 6.0 g/t and a recovery rate of 95.6%, producing 475 ounces of gold and selling 124 ounces [2][8]. - As of October 31, one stope was in production while two were under development, with ongoing civil engineering work at the tailings facilities in preparation for a planned lift in summer 2026 [3][8]. - The number of diamond drill rigs increased from two to three, with a total of 1,666 meters drilled in October, contributing to a year-to-date total of 8,133 meters [3][7]. Workforce and Hiring - The company increased its workforce from 76 employees at the end of June to 106 by the end of October, with plans for further hiring to support increased mill feed volume [4][8]. Marketing and Investor Relations - Abcourt participated in several conferences, including the Munich Mining conference and the Red Cloud Mining Show, to promote its achievements and attract European investors [5][6]. - The company is preparing for a presentation at the Mines and Money event in London, where it will compete with other mining projects [6]. Monthly Summary of Key Elements - Key metrics for October include: - Diamond Drilling: 1,666 meters - Tonnes Milled: 2,563 tonnes - Ounces Produced: 475 ounces - Ounces Sold: 124 ounces - % Recovered: 95.6% [7][8].
NovaGold Resources (NYSEAM:NG) 2025 Conference Transcript
2025-11-11 11:17
NovaGold Resources Conference Call Summary Company Overview - **Company**: NovaGold Resources (NYSEAM:NG) - **Project**: Donlin Gold Project - **Goal**: To build America's largest gold mine, projected to produce 1.5 million ounces annually by 2031 [1][2] Key Points and Arguments 1. **Feasibility Study Update**: NovaGold is preparing to update its bankable feasibility study, expected to take 18 months, leading to a construction decision [1][2] 2. **Ownership Increase**: NovaGold increased its ownership in the Donlin project from 50% to 60% through a $1 billion transaction with Paulson & Co., now holding nearly 24 million ounces of gold in reserves [2][3] 3. **Strategic Asset**: The Donlin project is considered a strategic asset in the gold industry, with low cash costs and high-grade ore at 2.25 grams per ton, significantly above the industry average [4][5] 4. **Exploration Potential**: There is substantial exploration potential around the Donlin ore bodies, with 46 million ounces identified along a 3-kilometer stretch of an 8-kilometer trend [5][9] 5. **Permitting Status**: Federal permitting is complete, and state permits are nearing completion, allowing NovaGold to begin work at the site [6][12] 6. **Economic Impact**: The project is expected to provide long-term employment opportunities in a region with limited economic prospects, benefiting local Alaska Native corporations [12][15] 7. **Market Position**: NovaGold's market cap has tripled since the Barrick acquisition, indicating strong investor confidence and a positive market response [15][16] 8. **Gold Price Leverage**: The Donlin project is positioned to deliver robust returns even at lower gold prices, with significant cash flow potential as gold prices rise [7][8] Additional Important Insights - **Jurisdictional Safety**: The project is located in a safe jurisdiction, which is crucial for attracting investment and ensuring project viability [5][6] - **Historical Context**: The involvement of Paulson & Co. is highlighted as a key factor in the turnaround of other gold projects, showcasing their expertise in the sector [3][4] - **Regulatory Environment**: The U.S. federal government is currently supportive of mining and resource development, which may facilitate future project advancements [14][15] - **Upcoming Developments**: NovaGold plans to announce the firm selected for the feasibility study and update the market on drilling results in the near future [16]
Jaguar Mining (OTCPK:JAGG.F) 2025 Earnings Call Presentation
2025-11-11 11:15
PRECIOUS METALS SUMMIT ZURICH NOVEMBER 2025 TSX:JAG 1 OTCQX:JAGGF DISCLAIMERS AND CAUTIONARY STATEMENTS This presentation ("Presentation") does not constitute an offer of any securities for sale or a solicitation of an offer to purchase any securities, nor does it constitute investment advice or an offering memorandum. Readers should review this Presentation in conjunction with all of the public disclosure of Jaguar Mining Inc. ("the Company") available under the Company's profile on www.sedarplus.ca. This ...
Scorpio Gold Unveils 19 High Potential Gold Exploration Targets at the Manhattan District, Nevada
Newsfile· 2025-11-11 11:00
Scorpio Gold Unveils 19 High Potential Gold Exploration Targets at the Manhattan District, NevadaNovember 11, 2025 6:00 AM EST | Source: Scorpio Gold CorpVancouver, British Columbia--(Newsfile Corp. - November 11, 2025) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", "Scorpio" or the "Company") is pleased to provide an update on 19 high-potential exploration targets at the 100%-owned Manhattan District ("Manhattan") located in Nevada, USA. "The scale and oppor ...
Perpetua Resources: A Low-Cost Gold Developer With U.S. Government Support (PPTA)
Seeking Alpha· 2025-11-11 10:25
Core Insights - Perpetua Resources Corp. (PPTA) is positioned to become one of the lowest-cost gold producers in a Tier 1 jurisdiction with its Stibnite project located in the US [1] Company Overview - Perpetua Resources Corp. is a single-asset developer focusing on gold production [1] - The Stibnite project is highlighted for its potential to deliver high-quality gold at low costs [1] Investment Perspective - The mining industry is believed to be entering an upward supercycle, particularly in base metals, which may present significant investment opportunities [1]
Perpetua Resources: A Low-Cost Gold Developer With U.S. Government Support
Seeking Alpha· 2025-11-11 10:25
Core Insights - Perpetua Resources Corp. (PPTA) is positioned to become one of the lowest-cost gold producers in a Tier 1 jurisdiction with its Stibnite project located in the US [1] Company Overview - Perpetua Resources Corp. is a single-asset developer focusing on gold production [1] - The Stibnite project is highlighted for its potential to deliver high-quality gold at low costs [1] Investment Perspective - The mining industry is believed to be entering an upward supercycle, particularly in base metals, which may present significant investment opportunities [1]