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Jim Cramer: Rivian Better Than This Automaker, Pan American Silver Is The 'Best Silver Mine'
Benzinga· 2025-05-22 12:18
Group 1: Company Performance and Comparisons - Rivian Automotive, Inc. (RIVN) is viewed more favorably than Lucid Group, Inc. (LCID), with Lucid reporting first-quarter revenue of $235.05 million, missing analyst estimates of $250 million [1] - Marvell Technology, Inc. (MRVL) is considered a good buy, especially after announcing a collaboration with Nvidia Corp (NVDA) to offer NVLink Fusion technology [2] - Pony AI Inc. (PONY) reported first-quarter sales growth of 11.6% year-over-year to $13.98 million, exceeding analyst consensus estimates of 90.11 million Chinese yuan [2] Group 2: Mergers and Acquisitions - Pan American Silver Corp. (PAAS) is recognized as the best silver mine, and it has announced a definitive deal to acquire MAG Silver Corp. (MAG) shares [3] Group 3: Earnings Guidance and Market Sentiment - Doximity, Inc. (DOCS) provided a fiscal first-quarter revenue guidance of $139 million to $140 million, below estimates of $143.34 million, leading to a negative outlook [3] - Micron Technology, Inc. (MU) is perceived as having a "toppy" market position, with analysts expecting quarterly earnings of $1.59 per share on revenue of $8.83 billion [4] Group 4: Stock Price Movements - Lucid shares fell 6.4% to $2.77, Marvell shares declined 2.1% to $60.11, Pony.ai shares dropped 3.3% to $17.29, Doximity shares decreased 4.3% to $50.75, and Micron shares slipped 2.3% to $95.84 [7] - Pan American Silver shares rose 1.3% to $24.10 [7]
All You Need to Know About Coeur Mining (CDE) Rating Upgrade to Buy
ZACKS· 2025-05-21 17:06
Coeur Mining (CDE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects 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.Since a cha ...
Aya Gold & Silver Reports High-Grade Silver Results at Depth and Identifies New Zgounder Regional Targets
Globenewswire· 2025-05-21 11:00
MONTREAL, May 21, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) ("Aya" or the "Corporation") is pleased to announce high-grade silver results from its ongoing drill program at the Zgounder Silver Mine. The Corporation has also identified multiple high-potential targets within the broader Zgounder Regional area in the Kingdom of Morocco. Highlights (all intersections are in core lengths) "Today's high-grade results — including hole ZG-SF-24-123 near the granite contact and DZG-SF-2 ...
Walker Lane Resources to Present at Sidoti Virtual Investor Conference, May 21-22, 2025
Globenewswire· 2025-05-20 14:35
Company Overview - Walker Lane Resources Ltd. is a growth-stage exploration company focused on high-grade gold, silver, and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. [5] - The company plans to initiate an aggressive exploration program to advance the Tule Canyon and Amy projects through a drilling program aimed at resource definition in the near future [5]. Upcoming Events - Kevin Brewer, President and CEO of Walker Lane Resources Ltd., will present and host one-on-one meetings with investors at the Sidoti May Virtual Investor Conference on May 21-22, 2025 [1][2]. - The presentation will provide updates on opportunities arising from recent property acquisitions in the Walker Lane Gold Trend and exploration plans for the 2025 season, scheduled for May 21, 2025, from 3:15-3:45 PM (Eastern Standard Time) [2]. Investor Engagement - Investors can register for the presentation or one-on-one meetings for free, without needing to be a Sidoti client [3]. - Sidoti Events, LLC, formed by Sidoti & Company, focuses on corporate access and hosts eight investor conferences annually, benefiting from Sidoti's extensive network in the small and microcap sectors [4].
Apollo Silver Expands Calico Project Land Package by over 285%
Globenewswire· 2025-05-20 11:00
Core Viewpoint - Apollo Silver Corp. has acquired 2,215 hectares of claims adjacent to its Waterloo property, enhancing the Calico Silver Project significantly and presenting new exploration opportunities for high-grade silver and gold targets [1][4][5]. Acquisition Details - The Mule claims consist of 415 lode mining claims and were acquired from LAC Exploration LLC for US$250,000, with LAC retaining a 2.0% net smelter return royalty [6][8]. - The acquisition increases the Calico Project's land area by over 285%, expanding it from 1,194 hectares to 3,409 hectares [7]. Exploration Potential - Preliminary mapping and sampling by the previous operator identified several high-grade silver and gold anomalies on the Mule claims, which will be further evaluated by Apollo [5][7]. - The exploration at the Burcham gold prospect area confirmed the significance of the Calico fault system in controlling mineralization and indicated potential for copper, zinc, and lead mineralization [2][10]. Sampling Results - Recent assays from the Burcham prospect included peaks of 14.10 g/t Au, 20.70 g/t Ag, 0.17% Cu, 22.80% Zn, and 5.74% Pb from various surface samples [7][11]. - The exploration team has completed detailed mapping at the Calico Project, revealing structures similar to those at Waterloo, with strong potential for gold and copper mineralization [11][16]. Marketing Initiatives - The company has engaged Creative Direct Marketing Group, Inc. for marketing services with a budget of approximately US$129,800, aimed at enhancing public awareness and marketing efforts [19][20].
Rio Silver Receives Conditional Approval for Acquisition of Mamaniña Exploraciones S.A.C.
Globenewswire· 2025-05-16 12:30
VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) -- Rio Silver Inc. (the “Company”) (TSX.V: RYO) (OTC: RYOOF) announces that, further to its announcement on March 26, 2025, it has received from the TSX Venture Exchange (the “Exchange”) conditional acceptance (the “Conditional Approval”) of the proposed transaction (the “Transaction”) with Peruvian Metals Corp. for the acquisition of Mamaniña Exploraciones S.A.C. The Company is working to satisfy the remaining conditions outlined in the Conditional ...
Best Value Stocks to Buy for May 15th
ZACKS· 2025-05-15 13:11
Core Insights - Three stocks are highlighted with a strong buy rank and favorable value characteristics for investors to consider on May 15th [1][2][3] Group 1: Intercorp Financial Services (IFS) - Intercorp Financial Services provides financial products and services and has a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 1.4% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 8.28, significantly lower than the S&P's 22.56, and possesses a Value Score of B [1] Group 2: Fox (FOX) - Fox produces and distributes news, sports, and entertainment content and also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 3.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 11.05, compared to the S&P's 22.56, and possesses a Value Score of B [2] Group 3: Pan American Silver (PAAS) - Pan American Silver is a mining company focused exclusively on silver and holds a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 10.7% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 16.80, lower than the S&P's 22.56, and possesses a Value Score of B [3]
Aya Gold & Silver Publishes 2024 Sustainability Report
Globenewswire· 2025-05-15 11:00
MONTREAL, May 15, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) ("Aya" or the "Corporation") is pleased to announce that is has published its 2024 Sustainability Report for the year ended December 31, 2024 (the "Report"). The Report highlights the Corporation's progress and achievements across key environmental, social, and governance ("ESG") areas, while reaffirming its commitments to stakeholders. This year's Report, which is aligned with Task Force on Climate-Related Financial ...
Endeavour Silver(EXK) - 2025 Q1 - Earnings Call Transcript
2025-05-13 18:02
Financial Data and Key Metrics Changes - In Q1, the company produced 1,200,000 ounces of silver and 8,300 ounces of gold, totaling 1,900,000 silver equivalent ounces [5] - Revenue reported was $64,000,000, consistent with the prior year, benefiting from higher precious metal prices [6] - The company reported a net loss of $32,900,000 primarily due to unrealized noncash impacts from gold hedging and forward swap contracts [6] - Excluding mark to market adjustments, the adjusted loss was $200,000 compared to income of $300,000 in Q1 2024 [7] - Cash costs were $15.89 per ounce of silver, and all-in sustaining costs were $24.48 net of gold credits, both slightly below annual guidance [7] - As of March 31, 2025, the company's cash position was $65,000,000, and working capital was $15,000,000 [7] Business Line Data and Key Metrics Changes - Guanacevi and Bolanitos performed in line with expectations, while Terronera is nearing completion and has started producing concentrate [5] - The addition of Terronera is expected to significantly enhance the company's production profile [5][8] - The Copa mine acquisition is anticipated to enhance the production profile with significant exploration upside [9] Market Data and Key Metrics Changes - The company is positioned to achieve annualized production approaching 20,000,000 silver equivalent ounces when combining all assets [10] Company Strategy and Development Direction - The company is focused on ramping up production at Terronera and aims to reach commercial production as soon as possible [46] - The acquisition of Copa aligns with the strategy of building a scalable silver-dominant asset base [9] - The company plans to validate and update historical resource estimates at Copa while leveraging technical expertise for exploration [9][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ramp-up of Terronera, emphasizing the importance of consistent throughput [12] - The company is monitoring cash balances closely during the ramp-up phase, indicating a high-stress environment [29] - Management highlighted the need for sufficient liquidity and the potential for refinancing once commercial production is declared [30] Other Important Information - The commissioning phase at Terronera is ongoing, with operational guidance to be provided as ramp-up progresses [8] - The company has a $12,000,000 exploration program planned for Copa over the next 24 months [42] Q&A Session Summary Question: What do you need to see in the ramp-up to provide formal guidance on costs? - Management indicated that consistent throughput is essential before providing production guidance, with a planned ramp-up of about 90 days [12][13] Question: What are the near-term priorities for the ramp-up at the plant? - Management noted that commissioning is a start-and-stop process, focusing on system checks and ensuring all components are functioning well [16][18] Question: What is the capital intensity for the throughput expansion at Copa? - The estimated cost for expanding capacity from 1,800 tons per day to 2,500 tons per day is between $12,000,000 to $16,000,000 [20] Question: How comfortable is the company with its cash balance and working capital for Terronera? - Management stated that the cash balance of $65,000,000 feels healthy, but they are closely monitoring cash flow during the ramp-up [28][29] Question: Are there still meaningful cash flows going into Terronera in Q2? - Management confirmed that spending continues as they work through the commissioning process, although they expect a loss during this phase [34][36] Question: What are the higher priority targets for exploration at Copa? - Management highlighted a significant budget for exploration and mentioned a new discovery on a vein called Porta Rosa, with plans to validate historical resources [40][42]
Endeavour Silver(EXK) - 2025 Q1 - Earnings Call Transcript
2025-05-13 18:00
Financial Data and Key Metrics Changes - In Q1 2025, the company produced 1,200,000 ounces of silver and 8,300 ounces of gold, totaling 1,900,000 silver equivalent ounces [4] - Revenue for the quarter was $64,000,000, consistent with the prior year, benefiting from higher precious metal prices [5] - The company reported a net loss of $32,900,000, primarily due to unrealized noncash impacts from gold hedging and forward swap contracts [5] - Cash costs were $15.89 per ounce of silver, and all-in sustaining costs were $24.48 net of gold credits, both slightly below annual guidance [6] - As of March 31, 2025, the company's cash position was $65,000,000, and working capital was $15,000,000, reflecting a decrease from December 31, 2024 [6] Business Line Data and Key Metrics Changes - Guanacevi and Bolanitos performed in line with expectations, while Terronera is nearing completion and has started producing concentrate [4] - The acquisition of the Copa mine in Peru is expected to enhance the production profile significantly, with an annual production estimate of 5,000,000 silver equivalent ounces [8][10] Market Data and Key Metrics Changes - The company is positioned to achieve annualized production approaching 20,000,000 silver equivalent ounces when combining all producing assets [10] Company Strategy and Development Direction - Terronera is viewed as a transformational asset that will redefine the company's growth trajectory, with a projected mine life of over a decade [7] - The company aims to build a scalable silver-dominant asset base, leveraging technical expertise and development capabilities [9] Management's Comments on Operating Environment and Future Outlook - Management expressed excitement about the commissioning of Terronera and its potential impact on the business [7] - The company is closely monitoring cash balances and working capital requirements during the ramp-up phase, emphasizing the importance of achieving commercial production [29] Other Important Information - The company is validating and updating historical resource estimates for the Copa mine, with a significant exploration budget planned [39][40] Q&A Session Summary Question: What is needed for confidence in the ramp-up guidance for Terronera? - Management indicated that consistent throughput and production are critical before providing formal guidance on costs and production timelines [12][13] Question: What are the near-term priorities for the ramp-up at the plant? - Management noted that the commissioning process involves a systematic approach to check systems and ensure everything is running smoothly [15][18] Question: What is the capital intensity for throughput expansion at Copa? - The estimated capital intensity for expanding capacity from 1,800 tons per day to 2,500 tons per day is between $12 million to $16 million [20] Question: How comfortable is the company with its cash balance and working capital for Terronera? - Management expressed confidence in the cash balance of $65,000,000 and working capital of $15,000,000, while acknowledging the high-stress phase of the project [26][28] Question: Are there still meaningful cash flows going into Terronera in Q2? - Management confirmed that spending continues for commissioning, although they do not have complete data for April yet [33][35] Question: What are the higher priority targets for exploration at Copa? - Management highlighted a significant exploration budget and plans to focus on previously discovered veins and new opportunities [39][40]