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H.C. Wainwright Maintains Buy Rating on First Majestic (AG), Keeps $17.50 PT
Yahoo Finance· 2025-11-27 10:52
First Majestic Silver Corp. (NYSE:AG) is one of the best silver mining stocks to invest in right now. On November 6, H.C. Wainwright maintained a Buy rating for First Majestic Silver Corp. (NYSE:AG) and also kept its target price for the shares at $17.50 per share. The firm explained that its decision is due to a combination of factors, including robust Q3 2025 financial results and First Majestic’s strategic acquisitions. H.C. Wainwright Maintains Buy Rating on First Majestic (AG), Keeps $17.50 PT Speak ...
BMO and Roth MKM Reaffirm Buy Ratings on Coeur Mining (CDE)
Yahoo Finance· 2025-11-27 10:52
Coeur Mining, Inc. (NYSE:CDE) is one of the best silver mining stocks to invest in right now. On November 4, Coeur Mining, Inc. (NYSE:CDE) was one of the two top picks in the Materials Sector among analysts. Accordingly, BMO Capital analyst Kevin O’Halloran reiterated a Buy rating on the stock and maintained a price target of $23. Likewise, Roth MKM maintained a Buy rating, setting a price target of $20. BMO and Roth MKM Reaffirm Buy Ratings on Coeur Mining (CDE) In a different update, Coeur Mining acqui ...
Seabridge Gold (SA) Reports Wider Q3 Loss as Exploration Spending Surges
Yahoo Finance· 2025-11-27 10:52
Seabridge Gold Inc. (NYSE:SA) is one of the best silver mining stocks to invest in right now. On November 12, Seabridge Gold Inc. (NYSE:SA) released its Q3 2025 financial results, in which it reported a widened net loss as it ramped up investment in its major exploration projects. Net loss touched $32.3 million ($0.32 per share) for the quarter, which is wider than the $27.6 million ($0.31 per share) posted in Q3 2025. Seabridge Gold (SA) Reports Wider Q3 Loss as Exploration Spending Surges Photo by Gold ...
Ask an Advisor: How Much Can I Safely Withdraw at Age 63? I Have $1 Million Plus $75k in Cash and Gold and a Small Pension
Yahoo Finance· 2025-11-10 12:30
Core Insights - The individual plans to retire at age 63 with a combination of guaranteed income sources and portfolio withdrawals [1][5][6] - The guaranteed income includes a monthly pension of $400 and Social Security benefits estimated at $2,700, totaling $3,100 per month, which could drop to $2,425 with a 25% reduction [5][6] - The 401(k) balance is over $1 million, with a current average return of 7%, but plans to shift to more conservative investments, which may lower future returns [1][6][7] Guaranteed Income - The guaranteed income sources consist of a $400 monthly pension and Social Security benefits of $2,700 per month, providing a total of $3,100 monthly [5] - If a 25% reduction in Social Security occurs, the total guaranteed income would decrease to approximately $2,425 per month [5] Portfolio Withdrawals - The 401(k) can be a source for withdrawals, with the 4% rule suggesting an initial withdrawal of about $40,000 in the first year of retirement, equating to roughly $3,300 per month [6][7] - This withdrawal strategy aims to ensure the portfolio lasts at least 30 years, adjusting for inflation in subsequent years [7]
NovaGold (NG) Highlights Impact of Paulson Partnership in Q3 Report
Yahoo Finance· 2025-10-16 20:20
Core Insights - NovaGold Resources Inc. is positioned as a top stock to buy amid rising gold prices, bolstered by its strategic partnership with Paulson Advisers [1] - The company completed a significant $1 billion acquisition of Barrick Gold's 50% stake in the Donlin Gold Project, increasing its ownership to 60% [1][2] - NovaGold anticipates that the Donlin Gold Project could become the largest single gold mine in the US, with projected annual production of 1.1–1.5 million ounces of gold for decades [3] Financial Performance - In Q3 2025, NovaGold reported a net loss of $15.6 million, an increase from $10.7 million in Q3 2024, primarily due to a $39.6 million warrant expense [2] - The company raised $286 million through public and private offerings post-acquisition and reported a treasury position of $125.2 million as of August 31, 2025 [2] - Post-acquisition, NovaGold spent $210.1 million on the Donlin Gold Project, reflecting increased funding and operating costs [2]
Barrick (B) Sells Tongon Mine Stake for Up to $305M
Yahoo Finance· 2025-10-16 20:19
Core Viewpoint - Barrick Mining Corporation is positioned as a strong investment opportunity as gold prices rise, highlighted by its recent agreement to sell its stake in the Tongon gold mine for up to $305 million [1][2]. Group 1: Transaction Details - Barrick agreed to sell its interest in the Tongon gold mine and associated exploration properties in Côte d'Ivoire to Atlantic Group for up to $305 million, with an initial cash payment of $192 million [1]. - The deal includes a repayment of a $23 million shareholder loan due within six months after the transaction closes, along with contingent payments of up to $113 million over the next five years, contingent on gold prices and resource conversions [1]. - The transaction is expected to close by the end of 2025, pending regulatory approvals from the Ivorian government and other customary closing conditions [1]. Group 2: Ownership Structure - Following the transaction, Atlantic Group will become the full owner of the Tongon mine, which has been operational since 2010 [2]. - Prior to the sale, Barrick held an 89.7% stake in the Tongon mine, while the Ivorian government owned 10% and local investors held approximately 0.3% [2]. Group 3: Company Overview - Barrick Mining Corporation, formerly known as Barrick Gold Corporation until May 2025, is a Canadian mining company focused on acquiring, exploring, developing, and operating gold and copper properties [3]. - The company primarily operates through its Nevada Gold Mines joint venture in the United States, the Pueblo Viejo mine in the Dominican Republic, and the Loulo-Gounkoto and Kibali mines in Africa [3]. - Barrick's main products include gold bullion and copper concentrate, extracted from both open-pit and underground mining operations [3].
X @Bloomberg
Bloomberg· 2025-09-06 00:42
Trade Policy - The US government exempted graphite, tungsten, uranium, and gold bullion from country-based tariffs [1] - The US government subjected silicone products to tariffs [1]
Barrick Mining CEO: There's still more upside risk on gold prices
CNBC Television· 2025-08-11 15:18
Market Trends & Tariffs - Gold shares fell despite a slight profit beat in Q2 due to uncertainty surrounding potential gold tariffs from the White House [1] - The market is awaiting clarification on whether gold bars will be subject to import taxes, particularly from Switzerland, which now has a higher Swiss rate [2][3] - The industry is unsure about the specifics of potential tariffs and is awaiting clarification [8] - The impact of tariffs on global gold demand is uncertain, with some believing existing gold supplies would mitigate the effect [6][7] Company Performance & Production - Gold production came in below estimates [1] - The company reported strong prices, lower production costs, and bigger margins [9][10] - The company paid 50% more dividend and has no net debt [10] - The company anticipates a 30% increase in gold equivalent ounce growth over the next 5 years [10] - Gold output is up and on track for the year's outlook, with copper also up materially and unit costs down [11] Global Supply Chain & Risks - The company manages a global supply chain across four continents and is one of the biggest gold miners in the United States [11] - The company is managing tariff impacts reasonably well, with opportunities to redirect the supply chain in non-US operations [12] - Deglobalization and challenges within the global economy present upside risk for gold prices [6]