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Fortuna Mining (FSM) Climbs 12.6% on Higher Gold Resource
Yahoo Finance· 2026-02-21 16:14
Core Viewpoint - Fortuna Mining Corp. has demonstrated strong financial performance and increased gold resource estimates, leading to a significant rise in stock price and positive investor sentiment [1][4]. Financial Performance - Net income for Fortuna Mining soared by 119% to $311.6 million in 2024, up from $141.9 million [2]. - Revenues increased by 40% to $947 million, compared to $677 million in the previous year [2]. - In Q4, net income reached $74 million, a 391% increase from $15.08 million year-on-year [3]. - Sales in Q4 rose by 38% to $270 million, up from $195 million [3]. Production and Resource Estimates - Gold production totaled 152,426 ounces, marking an 11% year-on-year increase and exceeding the upper end of the annual guidance range [3]. - Fortuna Mining raised its gold resource estimate for the Diamba Sud Gold Project by 73% to 1.25 million ounces, indicating strong production prospects [4].
B2Gold (BTG) Climbs 5.27% on Return to Profitability
Yahoo Finance· 2026-02-21 16:12
Core Viewpoint - B2Gold Corp. has shown significant improvement in profitability, driven by production expansion and favorable gold prices, leading to a notable increase in stock performance [1][7]. Financial Performance - B2Gold swung to a net income of $401.9 million from a net loss of $629.89 million in 2024, with gold revenues increasing by 61% to $3.06 billion from $1.9 billion year-on-year, based on gold sales of 927,797 ounces at an average price of $3,299 per ounce [2]. - In Q4, the attributable net profit was $170.58 million, reversing an $11.88 million loss from the same quarter the previous year, with gold revenues more than doubling to $1.05 billion from $499.8 million year-on-year [3]. Production Outlook - For the current year, B2Gold expects gold production to be between 820,000 and 970,000 ounces, reflecting a decline from 2025 due to reduced output at the Otjikoto Mine and lower production at the Fekola Complex [4]. Dividend Announcement - B2Gold announced a cash dividend of $0.02 per share to common shareholders, payable on March 19, 2026, to those on record as of March 6, 2026 [4].
RING: The Consolidation Looks Bullish; Don't Dump Gold Stocks Now
Seeking Alpha· 2026-02-21 14:46
Core Viewpoint - Gold stocks are showing resilience, with the iShares MSCI Global Gold Miners ETF (RING) nearing multi-week rebound highs despite being below its January peak [1] Group 1: Market Performance - The iShares MSCI Global Gold Miners ETF (RING) is currently close to fresh multi-week rebound highs [1]
10 Stocks Outrunning the Market; 3 on a High
Insider Monkey· 2026-02-21 12:31
Ten stocks capped off Friday’s trading with strong gains, as investors digested a flurry of earnings reports, while repositioning portfolios ahead of dividend payments.Meanwhile, Wall Street’s three major indices finished in the green, with the Nasdaq leading gains by 0.90 percent, followed by the S&P 500 with a 0.69 percent jump, and the Dow Jones, up 0.47 percent.Indices aside, we spotlight the 10 top-performing stocks on Friday and break down the reasons behind their gains.To come up with the list, we fo ...
Desert Gold Updates Financing
TMX Newsfile· 2026-02-21 00:45
Group 1 - Desert Gold Ventures Inc. has accepted a subscription agreement for 375,000 units at a total of $30,000, which was missed during a recent private placement closing of $7,181,800 due to a clerical error [1] - Each unit consists of one common share and one half of a common share purchase warrant, with each whole warrant exercisable for 2 years at $0.12 [1] - The securities issued will be subject to trading restrictions of 4 months and a day, and the proceeds will be added to general working capital, pending TSXV approval [1] Group 2 - Desert Gold Ventures is a gold exploration and development company with properties in Mali and Cote d'Ivoire, including the 440km² SMSZ Project in Western Mali and the 297km² Tiegba Gold Project in Western Cote d'Ivoire [2]
Equinox Gold Announces Filing of 2025 Audited Financial Statements
Globenewswire· 2026-02-20 22:10
VANCOUVER, British Columbia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (the “Company”) has filed its audited financial statements and related management’s discussion and analysis for the three months and year ended December 31, 2025. The documents are available for download on the Company’s profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar and on the Company’s website at www.equinoxgold.com. Equinox Gold ContactRyan KingEVP Capital MarketsT: 778.9 ...
AngloGold Ashanti's Stock Upgrade and Financial Performance
Financial Modeling Prep· 2026-02-20 22:05
Core Viewpoint - Roth Capital upgraded AngloGold Ashanti's stock to "Buy" and raised the price target from $92 to $122, reflecting confidence in the company's future performance [2][5] Financial Performance - AngloGold Ashanti reported a record free cash flow of $2.9 billion in 2025, driven by strong production growth and disciplined cost management [2][5] - The company declared an interim dividend of $875 million for Q4 2025, bringing the total dividend payout for the year to a record $1.8 billion, demonstrating commitment to returning value to shareholders [3][5] Stock Performance - The stock is currently priced at $114.24, with a market capitalization of approximately $57.68 billion, indicating strong investor interest [4] - The stock has fluctuated between a low of $106.92 and a high of $114.65 on the current day, and over the past year, it reached a high of $115.81 and a low of $28.45 [4]
SCOTUS Tariff Ruling Ignites Relief Rally as Markets Weigh Soft GDP and Sticky Inflation
Stock Market News· 2026-02-20 19:07
U.S. equity markets are experiencing a volatile but ultimately upward-trending afternoon session this Friday, February 20, 2026. The primary catalyst for today’s price action is a landmark 6-3 decision by the Supreme Court, which struck down President Trump’s sweeping global tariffs. The ruling has sparked a significant relief rally across trade-sensitive sectors, effectively counterbalancing a disappointing fourth-quarter Gross Domestic Product (GDP) report and persistent inflationary signals that had init ...
Will Rising Gold Production Support Allied Gold's Performance in 2026?
ZACKS· 2026-02-20 17:56
Key Takeaways AAUC produced 117,004 oz in Q4, its highest quarterly output of 2025.Allied Gold topped 2025 guidance with 379,081 oz, up 34% vs prior quarterly average.AAUC guides 485,000-575,000 oz in 2026 as Kurmuk adds up to 150,000 oz.Allied Gold Corporation (AAUC) recorded higher gold output in the final quarter of 2025. According to the latest preliminary results, in the fourth quarter of 2025, the company produced 117,004 ounces of gold, the highest output recorded in the year. AAUC’s total gold produ ...
Eldorado Gold (EGO) Q4 2025 Earnings Transcript
Yahoo Finance· 2026-02-20 17:55
This performance was supported by another strong year at the Lamaque Complex, steady contributions from Kisladag and Efemcukuru, and a solid finish at the Olympias mine, bringing it back on track. Solid operating execution combined with a favorable gold price environment drove strong financial results, including $1,800,000,000 in revenue, $743,000,000 in operating cash flow, and $316,000,000 in free cash flow excluding Skouries investment. In Greece, we are reaching a key inflection point. The first product ...