TORONTO--(BUSINESS WIRE)--Greenland Resources Inc. (Cboe CA:MOLY, FSE:M0LY) ("Greenland Resources†or the "Company†) is pleased to announce that today the European Commission (EC) presented RESourceEU, which stated that the EC, European Investment Bank and Member States are ready to unlock significant financial support for priority projects, such as the Vulcan's lithium extraction project in Germany and the Malmbjerg Greenland Resources' molybdenum project in Greenland. European Union Commissio. ...

Group 1 - Freeport-McMoRan Inc. (NYSE:FCX) is highlighted for its significant operations in gold, particularly in light of the upcoming earnings report which may indicate the sustainability of the recent gold rally [1] - The company operates the world's largest gold mine, which is currently facing challenges, including severe flooding in Indonesia [1] - Jim Cramer expressed confidence in the stock, suggesting that concerns about Indonesia expropriating the mine are unfounded [2] Group 2 - Freeport-McMoRan produces various metals, including copper, gold, molybdenum, and silver, indicating a diversified portfolio [2] - While FCX is recognized as a potential investment, there are opinions that certain AI stocks may offer better upside potential with less downside risk [2]

Company Overview - Almonty Industries Inc. (ALM) shares increased by 12.3% to close at $5.95, with a notable trading volume compared to typical sessions, and a total gain of 23.5% over the past four weeks [1][2] Project Development - The company has initiated a large-scale drilling program at its Sangdong Molybdenum Project in South Korea, planning to drill 26 holes over 11,700 meters to confirm molybdenum reserves [2][3] - Almonty holds an exclusive agreement to supply 100% of future molybdenum output from the Sangdong project to SeAH M&S, a subsidiary of the SeAH Group, in response to a molybdenum shortage in South Korea [3] Financial Performance - The upcoming quarterly earnings report is expected to show earnings of $0.00 per share, reflecting a year-over-year change of +100%, with revenues projected at $17.33 million, a 248% increase from the previous year [4] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [5] Industry Context - Almonty Industries is part of the Zacks Mining - Miscellaneous industry, where Teck Resources Ltd (TECK) also operates, having closed at $38.62 with a 0.3% decrease in the last trading session and a 16.3% return over the past month [6]

Company Performance - Amerigo Resources (ARREF) closed at $1.74, down 1.92% from the previous trading session, underperforming the S&P 500's loss of 0.13% [1] - The stock has increased by 12.99% over the past month, outperforming the Basic Materials sector's gain of 6.19% and the S&P 500's gain of 2.71% [1] Earnings Expectations - The upcoming earnings release is anticipated to show an EPS of $0.06, reflecting a 200% growth compared to the same quarter last year [2] - For the full year, analysts expect earnings of $0.21 per share and revenue of $0 million, indicating a 75% increase in earnings and no change in revenue from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for Amerigo Resources are crucial as they indicate the evolving business trends and analysts' outlook on the company's health and profitability [3] Valuation Metrics - Amerigo Resources has a Forward P/E ratio of 8.45, significantly lower than the industry's Forward P/E of 24.88, suggesting a valuation discount [6] - The company has a PEG ratio of 0.42, compared to the Mining - Non Ferrous industry's average PEG ratio of 0.83, indicating favorable growth expectations relative to its price [6] Industry Context - The Mining - Non Ferrous industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 176, placing it in the bottom 29% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape [7]

Core Insights - Freeport-McMoRan Inc. (FCX) reported a significant increase in sales volumes for Q2 2025, with copper sales rising approximately 9% year-over-year to 1,016 million pounds, gold sales increasing by around 45% to 522,000 ounces, and molybdenum sales up about 4.8% to 22 million pounds [1][7] Sales Volume Outlook - The company has provided a cautious outlook for Q3 2025, expecting copper sales volumes to decline by 4% year-over-year to 990 million pounds, with gold and molybdenum sales also projected to decrease to 350,000 ounces and 18 million pounds, respectively [2][7] Pricing and Margin Considerations - Sales volume growth is essential for FCX to capitalize on higher copper and gold prices, maintain margin expansion, and meet its 2025 targets, despite the gains in realized prices [3][7] Peer Comparison - Among peers, Southern Copper Corporation (SCCO) experienced a 3% decline in copper sales volumes in Q2, while BHP Group Limited reported a 14% year-over-year increase in total copper sales for fiscal 2025 [4][5] Stock Performance and Valuation - FCX shares have increased by 4.7% year-to-date, contrasting with a 1.1% decline in the Zacks Mining - Non Ferrous industry [6] - The stock is currently trading at a forward 12-month earnings multiple of 18.9, slightly above the industry average of 18.69, and holds a Value Score of A [9] Earnings Estimates - The Zacks Consensus Estimate indicates a year-over-year earnings rise of 20.3% for 2025 and 31.9% for 2026, with EPS estimates trending higher over the past 60 days [8]

Group 1 - Amerigo Resources (ARREF) stock closed at $1.67, showing a +1.03% change, outperforming the S&P 500's daily loss of 0.4% [1] - The stock has increased by 17.86% over the past month, significantly higher than the Basic Materials sector's gain of 2.16% and the S&P 500's gain of 4.97% [1] Group 2 - The upcoming earnings report for Amerigo Resources is anticipated to show an EPS of $0.05, reflecting a 16.67% decline from the same quarter last year [2] - For the full year, earnings are projected at $0.21 per share with revenue expected to remain unchanged at $0 million, indicating a 75% increase in earnings year-over-year [2] Group 3 - Recent changes to analyst estimates for Amerigo Resources are being monitored, as they often indicate shifts in near-term business trends [3] - Positive estimate revisions suggest analyst optimism regarding the company's business and profitability [3] Group 4 - The Zacks Rank system, which incorporates estimate changes, provides a rating system for stocks, with a proven track record of outperformance [4][5] - Amerigo Resources currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining stagnant over the past 30 days [5] Group 5 - Amerigo Resources is trading at a Forward P/E ratio of 7.86, which is below the industry average of 22.13, indicating a discount relative to its peers [6] - The company has a PEG ratio of 0.39, compared to the industry average of 0.85, suggesting favorable valuation metrics [7] Group 6 - The Mining - Non Ferrous industry, which includes Amerigo Resources, ranks in the top 18% of all industries according to the Zacks Industry Rank [7] - The strength of industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [8]

Group 1 - Freeport-McMoRan Inc. (FCX) is a leading international metals company focused on mining and selling copper, gold, and molybdenum with significant assets in Indonesia, North America, and South America [1] - The Grasberg minerals district in Indonesia is highlighted as one of the world's largest mining operations [1] Group 2 - The company has a strong emphasis on fundamental analysis and disciplined market research, indicating a robust approach to investment strategy [1] - FCX's portfolio includes a mix of small cap companies with strong fundamentals, large cap companies facing temporary setbacks, and stable companies with solid dividend yields and growth potential [1]

Core Viewpoint - Freeport-McMoRan Inc. (FCX) is facing challenges due to declining copper prices, high production costs, and downward revisions in earnings estimates, despite having strong financial health and ongoing expansion projects [2][21]. Financial Performance - FCX is currently trading at a forward price/earnings ratio of 21.65X, which is approximately 10% higher than the Zacks Mining - Non Ferrous industry average of 19.77X [1]. - The stock has experienced a 15.7% decline in share price over the past six months, underperforming the industry's decline of 15.3% and the S&P 500's rise of 6.4% [2]. - Operating cash flows for FCX were around $1.4 billion in Q4 2024, with full-year 2024 cash flows climbing 35% year over year to $7.2 billion [15]. Production and Expansion - FCX is focused on expanding its production capacity, with significant projects underway, including a concentrator expansion at Cerro Verde in Peru, which is expected to add 600 million pounds of copper annually [12]. - The company is also evaluating a large-scale expansion at El Abra in Chile and conducting pre-feasibility studies in Arizona to define significant sulfide expansion opportunities [12]. Cost and Pricing Challenges - FCX's consolidated unit net cash costs per pound of copper increased by 9% year over year in Q4 2024, with expectations for further increases in 2025 [18]. - Copper prices fell nearly 12% in Q4 2024, closing at around $4 per pound, influenced by weak demand in China and uncertainties regarding U.S. tariffs [20]. Market Sentiment and Valuation - The Zacks Consensus Estimate for FCX's earnings has been revised downward over the past 60 days, reflecting negative sentiment in the market [9]. - Despite strong financial health, the premium valuation of FCX may not present a compelling investment opportunity at current levels [11]. Dividend and Shareholder Value - FCX offers a dividend yield of approximately 0.8%, with a payout ratio of 20%, indicating a sustainable dividend policy [17]. - The company has distributed $4.7 billion to shareholders through dividends and share purchases since June 30, 2021 [15].