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Gold Blasts Past $4,630 as Silver Eyes $100: 5 Miners to Watch
Investing· 2026-01-16 19:03
Group 1 - The article provides a market analysis focusing on the S&P 500 index, highlighting its performance trends and implications for investors [1] - It discusses the performance of Pan American Silver Corp and Newmont Goldcorp Corp, indicating their respective positions in the market and potential investment opportunities [1] - The analysis includes insights on gold futures, examining their price movements and how they relate to broader market conditions [1]
First Majestic's Q4 Silver-Equivalent Production Jumps 37% Y/Y
ZACKS· 2026-01-16 18:00
Core Insights - First Majestic Silver Corp. reported a total production of 7.8 million silver-equivalent ounces in Q4 2025, marking a 37% year-over-year increase driven by a 77% surge in silver production [1][9] Production Highlights - The fourth quarter production included a record 4.2 million silver ounces and 41,417 gold ounces, along with 14.2 million pounds of zinc, 8.1 million pounds of lead, and 235,886 pounds of copper [1] - The San Dimas mine produced 2.45 million AgEq ounces, with silver production increasing by 10% year-over-year [3] - The Santa Elena mine produced 2.28 million AgEq ounces, down 16% year-over-year [3] - La Encantada produced 1 million ounces of silver, up 32% from Q4 2024, driven by a 20% growth in ore processed and an 11% increase in silver grades [4] - Los Gatos contributed 2.09 million AgEq ounces, including 1.49 million ounces of silver [4] Strategic Developments - In January 2025, First Majestic completed the acquisition of Gatos Silver, Inc., securing a 70% interest in the Cerro Los Gatos mine, enhancing its position as an intermediate primary silver producer [2] - The company initiated its 2025 drilling program at the Jerritt Canyon mine, completing 5,889 meters of drilling in Q4 2025, exceeding its annual target [5] Financial Updates - First Majestic announced an increase in its quarterly dividend from 1% to 2% of net quarterly revenues [6] - For 2026, the company expects silver production to be between 13-14 million ounces, with gold production projected at 116,000-129,000 ounces [7] Market Performance - First Majestic's stock price increased by 249.3% over the past year, outperforming the industry average of 208.2% [10]
VALE S.A. (VALE) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKS· 2026-01-16 15:50
Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, and Price/Sales [3] - The Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score helps investors capitalize on price trends, using factors like one-week price change and monthly earnings estimate changes [5] - The VGM Score combines the three Style Scores to identify companies with the best value, growth forecasts, and momentum [6] Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, aiding investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have produced an average annual return of +23.9% since 1988, significantly outperforming the S&P 500 [8] - There are over 800 top-rated stocks available, making it essential to utilize Style Scores for effective selection [9] Investment Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10] - The direction of earnings estimate revisions is crucial; stocks with lower ranks but high Style Scores may still face price declines [11] Company Spotlight: VALE S.A. - Vale S.A. is a major mining company based in Brazil with a market capitalization of approximately $61 billion, producing iron ore, copper, nickel, and more [12] - VALE holds a 1 (Strong Buy) Zacks Rank and a VGM Score of B, making it attractive for investors [12] - The company has a Momentum Style Score of A, with shares increasing by 14.9% over the past four weeks, and analysts have raised earnings estimates for fiscal 2025 [13]
This Precious Metals Fund Is Up 190% This Past Year and Still a Top Holding Even After a $4 Million Sale
Yahoo Finance· 2026-01-16 15:45
Core Insights - Uncommon Cents Investing sold 77,370 shares of ASA Gold and Precious Metals Limited for an estimated $3.92 million, reducing its stake in the company [2][3][6] - The fund's quarter-end position in ASA was valued at $26.28 million, reflecting a net decrease of $2.56 million due to share sales and market price changes [3][6] - ASA shares have increased by 189.9% over the past year, significantly outperforming the S&P 500's 17% gain during the same period [4] Company Overview - ASA Gold and Precious Metals Limited is a specialized investment company focused on a diversified portfolio of precious metals and mining equities, utilizing fundamental analysis and a bottom-up approach [8] - The company primarily invests in equities of firms involved in the exploration, mining, or processing of precious minerals, and operates as a closed-end investment company [9] - ASA serves both institutional and individual investors seeking exposure to the global precious metals sector and related mining industries [9] Fund Details - After the sale, ASA accounted for 6.36% of Uncommon Cents Investing's assets under management (AUM), making it the fund's top holding [4][6] - The fund's top five holdings post-transaction include ASA at $26.28 million, Wells Fargo (WFC) at $10.42 million, Microsoft (MSFT) at $9.84 million, Raytheon Technologies (RTX) at $9.62 million, and Kroger (KR) at $8.82 million [7]
US manufacturing output unexpectedly increases in December
Yahoo Finance· 2026-01-16 15:11
WASHINGTON, Jan 16 (Reuters) - U.S. factory production unexpectedly increased in December amid a surge in primary metals output that offset a decline at ​motor vehicle assembly plants, but activity contracted in the fourth quarter against ‌the backdrop of challenges from import tariffs. Manufacturing output rose 0.2% last month after an upwardly revised 0.3% ‌gain in November, the Federal Reserve said on Friday. Economists polled by Reuters had forecast production for the sector, which accounts for 10.1% ...
CC to Sell Former Titanium Dioxide Taiwan Site Land for $360M
ZACKS· 2026-01-16 15:10
Core Viewpoint - The Chemours Company has signed an agreement to sell its remaining land at the former titanium dioxide manufacturing site in Kuan Yin, Taiwan, as part of its strategy to optimize its portfolio and balance sheet [1][8] Group 1: Transaction Details - The transaction is expected to generate approximately $360 million in gross cash proceeds before taxes and fees [2][8] - The sale is anticipated to close by mid-2026, pending local regulatory approvals, including environmental conditions [3][8] Group 2: Strategic Implications - The proceeds from the sale will primarily be used to reduce Chemours' debt, thereby strengthening its balance sheet [2] - This land sale aligns with Chemours' strategic priorities aimed at delivering greater shareholder value and streamlining its asset base to improve earnings power [3] Group 3: Market Performance - Chemours' stock has declined by 19.7% over the past year, compared to a 21.1% decline in the industry [5]
Pacifica Silver Announces Upsizing of Brokered Offering
Globenewswire· 2026-01-16 14:40
Core Viewpoint - Pacifica Silver Corp. has increased its brokered private placement offering to raise up to $20,010,000 due to strong investor demand, consisting of 13,800,000 common shares priced at $1.45 each [1][2]. Group 1: Offering Details - The offering includes an option for agents to sell an additional 15% of the offering, potentially raising an extra $3,001,500 [2]. - The net proceeds will be allocated to exploration and drilling activities at the Claudia Project in Durango, Mexico, as well as for working capital and general corporate purposes [2]. Group 2: Regulatory and Compliance Information - The common shares will be issued under the 'listed issuer financing exemption' and will not be subject to resale restrictions under applicable Canadian securities laws [3]. - The offering is expected to close around January 23, 2026, pending necessary approvals from the Canadian Securities Exchange and other regulatory authorities [5]. Group 3: Company Overview - Pacifica Silver Corp. is a Canadian resource company focused on its 100% owned Claudia Project, which spans 11,876 hectares in the historic El Papantón Mining District [8]. - The project has shown high-grade silver and gold intercepts from historical sampling and drilling, with only about 10% of known veins drilled to date, indicating significant potential for new discoveries [8].
Pacifica Silver Announces Upsizing of Brokered Offering
Globenewswire· 2026-01-16 14:40
Core Viewpoint - Pacifica Silver Corp. has increased its brokered private placement offering to raise gross proceeds of up to $20,010,000 due to strong investor demand [1][2]. Group 1: Offering Details - The Upsized Offering consists of 13,800,000 Common Shares priced at $1.45 per share [1]. - The Agents have an option to sell an additional 15% of the Upsized Offering, potentially raising an extra $3,001,500 [2]. - The Offering is expected to close on or about January 23, 2026, subject to necessary approvals [5]. Group 2: Use of Proceeds - Net proceeds from the Offering will be allocated to advance exploration and drilling activities at the Claudia Project in Durango, Mexico, as well as for working capital and general corporate purposes [2]. Group 3: Company Overview - Pacifica Silver Corp. is a Canadian resource company focused on its 100% owned Claudia Project, which spans 11,876 hectares in the historic El Papantón Mining District [8]. - The Project has shown high-grade silver and gold intercepts from historical sampling and drilling, with only about 10% of over 30 kilometers of known veins drilled to date [8].
Royalties Inc. Hires SLR to Update Bilbao Economics
TMX Newsfile· 2026-01-16 14:39
Toronto, Ontario--(Newsfile Corp. - January 16, 2026) - Royalties Inc. (CSE: RI) (OTCID: ROYIF) (or "the Company") is pleased to announce that it has hired SLR Consulting (Canada) Ltd. ('SLR') to provide an updated economic analysis based on information in the 2014 PEA using current metal pricing for sensitivity analysis to assess the effect of increased commodity prices on the economics of the Bilbao project.SLR will also carry out a high-level assessment of potential high iron-oxide ore processing techno ...
Enertopia Announces Corporate Update
TMX Newsfile· 2026-01-16 14:00
Core Insights - Enertopia Corporation has agreed to sell its West Tonopah lithium project to American Battery Technology Company for $500,000 USD, along with a refund of $5,596 USD for the property bond [2] - The decision to sell the project was based on an extensive cash flow analysis of the lithium market and input costs, allowing the company to explore other industrial or metallic mining opportunities [3] Group 1 - The sale agreement was executed on January 15, 2026, with an anticipated closing date around January 20, 2026 [2] - The company will not incur any finders fees related to this transaction [2] - CEO Robert McAllister expressed gratitude to the American Battery Technology Team for their efforts in advancing the lithium project [4] Group 2 - Enertopia defines itself as an Energy Solutions Company focused on modern technology and green technologies to enhance shareholder value [5]