Company Performance - Newmont Corporation (NEM) closed at $74.40, with a +1.96% change from the previous day, outperforming the S&P 500's loss of 0.64% [1] - The stock has increased by 17.5% over the past month, significantly higher than the Basic Materials sector's gain of 4.61% and the S&P 500's gain of 1.91% [1] Upcoming Earnings - Analysts expect Newmont Corporation to report earnings of $1.27 per share, reflecting a year-over-year growth of 56.79% [2] - The consensus estimate for revenue is $4.92 billion, which represents a 6.75% increase from the prior-year quarter [2] Full Year Projections - For the full year, earnings are projected at $5.3 per share and revenue at $20.68 billion, indicating changes of +52.3% and +10.67% respectively from the prior year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Newmont Corporation are important as they reflect short-term business trends, with positive changes indicating analyst optimism [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Newmont Corporation currently holds a Zacks Rank of 3 (Hold) [6] - Over the past month, the Zacks Consensus EPS estimate has increased by 3.87% [6] Valuation Metrics - Newmont Corporation has a Forward P/E ratio of 13.77, which is a premium compared to the industry average Forward P/E of 13.32 [7] - The company has a PEG ratio of 0.86, while the Mining - Gold industry average PEG ratio is 0.65 [7] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 77, placing it in the top 32% of over 250 industries [8]

A month has gone by since the last earnings report for Kinross Gold (KGC) . Shares have added about 26.4% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Kinross Gold due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for Kinross Gold Corporation before we dive into how investors and analysts have r ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of "buying high, hoping to sell even higher" [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Agnico Eagle Mines (AEM) currently holding a score of B [2] - Style Scores complement the Zacks Rank, which has a strong track record of outperformance; AEM has a Zacks Rank of 1 (Strong Buy) [3] Group 2: AEM Performance Metrics - AEM shares have increased by 2.93% over the past week, outperforming the Zacks Mining - Gold industry, which rose by 2.66% [5] - Over the last quarter, AEM shares have gained 12.85%, and over the past year, they have increased by 71.78%, compared to the S&P 500's gains of 9.72% and 16.49% respectively [6] - AEM's average 20-day trading volume is 2,441,260 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook - In the past two months, 6 earnings estimates for AEM have moved higher, increasing the consensus estimate from $6.42 to $6.94 [9] - For the next fiscal year, 4 estimates have also moved upwards, with no downward revisions during the same period [9] Group 4: Conclusion - AEM is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a promising pick for near-term investment [11]

Key Takeaways Aris Mining's consolidated AISC rose 6% year over year to about $1,787 per ounce in Q2.Higher costs came from CMP feed, royalties, social contributions and mining expenses.Despite cost hikes, AISC margin surged 199% on stronger gold prices and higher sales volumes.Aris Mining Corporation (ARMN) reported an increase in its second-quarter all-in-sustaining costs (AISC) per ounce, a key indicator of cost efficiency in mining. The Segovia Operations in Colombia, a cornerstone of Aris Mining's port ...

Key Takeaways Harmony Gold is set to report fiscal 2025 earnings before the market opens on Aug. 28.Higher gold prices and stronger Q4 production are expected to boost results.Elevated labor and electricity costs continue to pressure Harmony Gold's margins.Harmony Gold Mining Co. Ltd. (HMY) is slated to report fiscal 2025 results before the opening bell on Aug. 28. The Zacks Consensus Estimate for fiscal 2025 earnings has been stable in the past 60 days. The consensus estimate for earnings is pegged at $2.8 ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Franco-Nevada (FNV) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Franco-Nevada is one of 238 companies in the Basic Materials group. The Basic Materials group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Ran ...

Company Performance - Harmony Gold (HMY) closed at $15.91, reflecting a +2.71% increase from the previous day, outperforming the S&P 500's decline of 0.4% [1] - The stock has appreciated by 4.45% over the past month, surpassing the Basic Materials sector's gain of 2.44% and the S&P 500's gain of 1.67% [1] Earnings Estimates - Harmony Gold is expected to announce its earnings on August 28, 2025, with Zacks Consensus Estimates predicting earnings of $2.85 per share and revenue of $0 million, representing a +190.82% change in earnings from the previous year [2] - The consensus EPS projection has remained stagnant over the past 30 days, and Harmony Gold currently holds a Zacks Rank of 2 (Buy) [5] Analyst Estimates and Valuation - Changes in analyst estimates for Harmony Gold are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - Harmony Gold has a Forward P/E ratio of 5.44, significantly lower than the industry average of 12.96, and a PEG ratio of 0.09 compared to the Mining - Gold industry's average PEG ratio of 0.58 [6] Industry Context - The Mining - Gold industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 75, placing it in the top 31% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Over the past three months, the Zacks Consensus Estimate for IDR's full-year earnings has moved 46.2% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the latest available data, IDR has gained about 163.6% so far this year. In comparison, Basic Materials companies have returned an average of 14.2%. This means that Idaho Strategic Resources, Inc. is outperforming the sector as a whole this year. One other Basic Materials stock that has outpe ...

Company Overview - Idaho Strategic Resources, Inc. (IDR) currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [3][4] - The company has shown significant price performance, with shares increasing 108.85% over the past quarter and 162.49% over the last year [7] Price Performance - IDR shares are up 42.95% over the past week, outperforming the Zacks Mining - Gold industry, which is up 7.4% during the same period [6] - The monthly price change for IDR is 28.39%, compared to the industry's performance of 9.24% [6] Trading Volume - The average 20-day trading volume for IDR is 491,045 shares, indicating a bullish sign as the stock is rising with above-average volume [8] Earnings Outlook - Over the past two months, one earnings estimate for IDR has moved higher, increasing the consensus estimate from $0.52 to $0.76 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10] Conclusion - Considering the strong price performance, positive earnings outlook, and favorable trading volume, IDR is positioned as a promising momentum pick [12]

Company Overview - Barrick Mining currently has a Momentum Style Score of B, indicating a positive outlook based on recent price trends and earnings estimate revisions [2][11] - The company holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3][11] Price Performance - Over the past week, Barrick Mining shares have increased by 9.64%, outperforming the Zacks Mining - Gold industry, which rose by 7.4% [5] - In the last month, the company's shares have risen by 11.74%, compared to the industry's 8.51% [5] - Over the past quarter, Barrick Mining shares have gained 25.87%, while the S&P 500 has only increased by 10.57% [6] - The stock has also seen a 22.84% increase over the past year, compared to the S&P 500's 21.94% [6] Trading Volume - The average 20-day trading volume for Barrick Mining is 12,677,611 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for Barrick Mining have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $1.76 to $1.97 [9] - For the next fiscal year, five estimates have also moved upwards, indicating a positive trend in earnings expectations [9]