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Mawson Finland Highlights Closing of First Nordic’s $80M Financing, Announces Date of Special Shareholder Meeting for Arrangement Approval, Announces Loan
Globenewswire· 2025-10-17 21:03
VANCOUVER, British Columbia, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Mawson Finland Limited (“Mawson” or the “Company”) (TSX-V: MFL) is pleased to highlight the closing of First Nordic Metals Corp.’s (TSX-V: FNM, FNSE: FNMC SDB, OTCQX: FNMCF, FRA: HEG0) (“First Nordic”) $80 million financing which was comprised of a concurrent brokered and non-brokered offering of subscription receipts of First Nordic (the “Subscription Receipts”) at a price of $0.38 per Subscription Receipts. Please see First Nordic’s press rele ...
What Makes Solitario (XPL) a New Buy Stock
ZACKS· 2025-05-23 18:58
Core Viewpoint - Solitario Resources (XPL) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Company Performance and Outlook - The recent upgrade for Solitario reflects an improvement in the company's underlying business, which is expected to drive the stock price higher as investors recognize this trend [5][10]. - For the fiscal year ending December 2025, Solitario is projected to earn -$0.07 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 7.1% over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Solitario's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].