Aftermath Silver Ltd. (V.AAG) Hit a new 52-Week High of $1.165. Aftermath announced last week it has completed the acquisition of the Berenguela silver-copper-manganese project

Barrick Mining Corporation (T.ABX) Hit a new 52-Week High of $68.67. Monday, the headline was “Gold skies to new all-time high as Federal Reserve threat rattles markets.”

Agnico Eagle Mines Limited (T.AEM) Hit a new 52-Week High of $275.71. Last Friday, Agnico Eagle rose 2.5% on volume of 1,462,175 shares Alphamin Resources Corp. (V.AFM) Hit a new 52-Week High of $1.31. Last Monday, Alphamin announced that Paul Baloyi has resigned as a director of the Company effective January 31, 2026

Altius Minerals Corporation (T.ALS) Hit a new 52-Week High of $45.10. Last week, Altius updated its Project Generation business activities and its public junior equities portfolio. The market value of equities in the portfolio at December 31, 2025 was $49.3 million, compared to $44.0 million at September 30, 2025. Net portfolio investment of approximately $1.3 million was completed during the quarter.

Arizona Sonoran Copper Company Inc. (T.ASCU) Hit a new 52-Week High of $5.33. Arizona Sonoran announced it had been granted the Dust Permit from the Pinal County Air Quality Division and based on the Pre-Feasibility Study issued in November 2025.

Amerigo Resources Ltd. (T.ARG) Hit a new 52-Week High of $5.31. Last week, Amerigo said its Board of Directors declared a performance dividend in the amount of Cdn$0.05 per share, payable on January 15, 2026, to shareholders of record as of December 17, 2025.

Centerra Gold Inc. (T.CG) Hit a new 52-Week High of $22.13. The Company will host a conference call and webcast to discuss the results on Friday February 20, at 9:00 a.m. Eastern Time.

Canada Nickel Company Inc. (V.CNC) Hit a new 52-Week High of $1.82. Canada Nickel announced an updated mineral resource estimate for its 100% owned Reid Nickel Sulphide Project located near Timmins, Ontario. Measured & Indicated Resource: Increased 46% to 2.1 million tonnes contained nickel (0.87 billion tonnes @ 0.23% Ni), including a higher-grade domain of 0.77 billion tonnes @ 0.25% Ni.

Diversified Royalty Corp. (T.DIV) Hit a new 52-Week High of $3.91. Diversified Royalty has approved a cash dividend of $0.02375 per common share for the period of January 1, 2026 to January 31, 2026, which is equal to $0.285 per common share on an annualized basis.

Read:

• The $520B Identity Pivot: Why Quantum-Safe Defense is the New Tech Frontier

• The $537B Precision Pivot: Why Molecular Monitoring is the New Oncology Standard

• The $48B Autonomy Surge: Why Capital is Flooding the New ‘Physical AI’ Arsenal

• Targeted Precision: Rare Disease Assets Attract Record Regulatory Momentum

• The $4,400 Gold Breakout: High-Grade Discovery & Production Scaling

DPM Metals Inc. (T.DPM) Hit a new 52-Week High of $47.46. DPM has filed a technical report for its Coka Rakita gold project in Serbia

New Earth Resources Corp. (C.EATH) Hit a new 52-Week High of 86 cents. Late last week, New Earth outlined its planned exploration program for the SL Project, a property prospective for rare earth elements in the Strange Lake area of Quebec.

Endurance Gold Corporation (V.EDG) Hit a new 52-Week High of 39 cents. Late last week, Endurance announced, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation, it has engaged Generation IACP Inc. to provide market making services with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares.

Endeavour Silver Corp. (T.EDR) Hit a new 52-Week High of $14.67. Late last week, the company announced the production of 6,486,661 oz of silver and 37,164 oz of gold in 2025.

Canoe EIT Income Fund Trust Units (T.EIT.UN) Hit a new 52-Week High of $16.12. Early last week, Canoe announces the January 2026 monthly distribution of $0.10 per unit. Unitholders of record on January 22, 2026, will receive distributions payable on February 13, 2026.

Barrick Mining Corporation (T.ABX) Hit a new 52-Week High of $66.93. Clene announces registered direct offering of over $28M

Agnico Eagle Mines Limited (T.AEM) Hit a new 52-Week High of $264.37. Agnico Eagle will release its fourth-quarter and full-year 2025 results on Thursday, February 12, 2026, after normal trading hours.

Alphamin Resources Corp. (V.AFM) Hit a new 52-Week High of $1.24. This week, Alphamin announced Paul Baloyi has resigned as a director of the Company effective January 31. Mr. Baloyi has served on the board since April 2017.

Aris Mining Corporation (T.ARIS) Hit a new 52-Week High of $23.72. Aris has updated the Segovia mineral reserve and resource estimates with an effective date of November 28, 2025.

Aritzia Inc. (T.ATZ) Hit a new 52-Week High of $130.02. Aritzia reports third-quarter Net revenue increased 42.8% to $1.04 billion, with comparable sales2 growth of 34.3%. Adjusted EBITDA increased 52.2% to $207.6 million.

BuildDirect.Com Technologies Inc. (V.BILD) Hit a new 52-Week High of $3.39.

Bank of Montreal (T.BMO) Hit a new 52-Week High of $185.25. BMO reports no news stories today.

Brunswick Exploration Inc. (V.BRW) Hit a new 52-Week High of 31.5 cents. Brunswick announced a maiden, open-pit Mineral Inferred Resource Estimate of 52.2 million tonnes grading 1.08% Li2O and 131ppm Ta2O5 for its wholly owned Mirage Project located in the Eeyou Istchee Baie-James region of Quebec.

Baytex Energy Corp. (T.BTE) Hit a new 52-Week High of $4.64. Baytex rose 7.3% Thursday on volume of 24,952,122 shares

Read:

• The $520B Identity Pivot: Why Quantum-Safe Defense is the New Tech Frontier
• The $537B Precision Pivot: Why Molecular Monitoring is the New Oncology Standard
• The $48B Autonomy Surge: Why Capital is Flooding the New ‘Physical AI’ Arsenal
• Targeted Precision: Rare Disease Assets Attract Record Regulatory Momentum
• The $4,400 Gold Breakout: High-Grade Discovery & Production Scaling

CAE Inc. Unlimited (T.CAE) Hit a new 52-Week High of $45.32. Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has accepted the first of two flight simulators developed in partnership with CAE.

Cameco Corporation (T.CCO) Hit a new 52-Week High of $152.57. Cameco will present at Goldman Sachs Energy, CleanTech & Utilities Conference.

Centerra Gold Inc. (T.CG) Hit a new 52-Week High of $21.57. Centerra will release its fourth quarter 2025 operating and financial results, as well as 2026 guidance and 2025 year-end estimates for mineral reserves and mineral resources, after the market closes on Thursday February 19, 2026.

Chemtrade Logistics Income Fund Trust Units (T.CHE.UN) Hit a new 52-Week High of $15.22. Chemtrade this week issued 2026 guidance and raised its monthly distributions.

CT Real Estate Investment Trust Units (T.CRT.UN) Hit a new 52-Week High of $16.89. CT REIT is scheduled to host an earnings conference call regarding fourth quarter and full year 2025 results, on Wednesday, February 18.

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.

Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors — such as sound fundamentals, positive earnings estimate revisions, etc. — that could keep the momentum in the stock going.

Our "Recent Price Strength" screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.

There are several stocks that passed through the screen and Impala Platinum Holdings Ltd. (IMPUY) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing.

A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. IMPUY is quite a good fit in this regard, gaining 37.1% over this period.

However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 37.9% over the past four weeks ensures that the trend is still in place for the stock of this company.

Moreover, IMPUY is currently trading at 97.6% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.

Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises — the key factors that impact a stock's near-term price movements.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.

So, the price trend in IMPUY may not reverse anytime soon.

In addition to IMPUY, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

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Impala Platinum Holdings Ltd. (IMPUY) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

American Resources Corporation AREC, via its minority holding in ReElement Technologies Corporation, has formed a partnership with Transition Equity Partners (“TEP”) for a $200 million strategic equity facility to accelerate global critical mineral and rare earth refining capacity and strengthen U.S. supply chains.  

The capital will initially be used to expand the deployment of ReElement’s proprietary modular, multi-mineral refining platform and buildout of its Marion, IN facility, with targeted initial capacity exceeding 10,000 metric tons per year of refined critical minerals, including light and heavy rare earths and defense-related elements, sourced from recycled materials and mined concentrates.  

The partnership also envisions the development of additional refining facilities across the United States and select international locations. ReElement’s chromatographic separation technology enables the production of high-purity critical minerals that are currently unavailable at a commercial scale domestically, helping address strategic supply gaps and reduce dependence on foreign suppliers.  

The company is reinforcing its U.S. supply chain footprint through collaborations with the U.S. Department of War, Vulcan Elements and POSCO International to support the production of rare earth magnets and defense-critical materials. TEP’s global investment experience and advisory capabilities are expected to support ReElement’s international expansion further while enhancing resilient supply chains for energy, defense and advanced manufacturing markets. 

Shares of AREC have rallied 276% in the past six months compared with the industry’s 21.6% rise. 

Image Source: Zacks Investment Research

AREC’s Zacks Rank & Key Picks

AREC currently carries a Zacks Rank of #3 (Hold).

Some better-ranked stocks in the Basic Materials space are BHP Group Limited BHP, Impala Platinum Holdings Limited IMPUY and Sibanye Stillwater Limited SBSW. BHP, IMPUY and SBSW sport a Zacks Rank of #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for BHP’s current fiscal-year earnings is pegged at $4.51 per share, indicating a 23.9% year-over-year increase. Shares of BHP have gained 31.3% over the past six months.

The Zacks Consensus Estimate for IMPUY’s current fiscal-year earnings stands at $1.33 per share, implying a 2,560% year-over-year increase. Shares of IMPUY have gained 86.1% over the past six months.

The Zacks Consensus Estimate for SBSW’s current fiscal-year earnings is pegged at $2.4 per share, indicating a 1,614.3% year-over-year increase. Shares of SBSW have soared 116.7% over the past six months.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

Impala Platinum Holdings Ltd. (IMPUY) : Free Stock Analysis Report

American Resources Corporation (AREC) : Free Stock Analysis Report

Sibanye Gold Limited (SBSW) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

As the Australian market navigates a post-holiday slump, with key indices trending downward despite a rally in the materials sector, investors are keenly watching for opportunities amidst fluctuating commodity prices and geopolitical developments. In this dynamic environment, identifying stocks that can thrive involves looking at companies with strong fundamentals and potential to capitalize on emerging trends, such as those in ethical investment and innovative sectors.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Joyce	NA	9.93%	17.54%	★★★★★★
Hearts and Minds Investments	NA	56.27%	59.19%	★★★★★★
Euroz Hartleys Group	NA	1.82%	-25.32%	★★★★★★
Argosy Minerals	NA	-12.81%	-19.89%	★★★★★★
Focus Minerals	NA	75.35%	51.34%	★★★★★★
Energy World	NA	-47.50%	-44.86%	★★★★★☆
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆
Reef Casino Trust	19.84%	6.96%	10.88%	★★★★☆☆

Click here to see the full list of 60 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Here’s a peek at a few of the choices from the screener.

Australian Ethical Investment

Simply Wall St Value Rating: ★★★★★★

Overview: Australian Ethical Investment Ltd is a publicly owned investment manager with a market cap of A$581.84 million, focusing on ethical and sustainable investment strategies.

Operations: The company generates revenue primarily from its funds management segment, amounting to A$119.38 million.

Australian Ethical Investment, a smaller player in the financial sector, has been making waves with its impressive performance metrics. Over the past year, earnings surged by 75.1%, outpacing the industry average of 6%. The company is debt-free and boasts high-quality earnings, suggesting a robust financial health. With levered free cash flow reaching A$26.35 million as of June 2025 and no debt for over five years, it seems well-positioned for continued growth. Earnings are projected to grow at an annual rate of 18.34%, painting a promising picture for future prospects in ethical investing.

• Navigate through the intricacies of Australian Ethical Investment with our comprehensive health report here.

• Examine Australian Ethical Investment’s past performance report to understand how it has performed in the past.

ASX:AEF Earnings and Revenue Growth as at Jan 2026Advanced Innergy Holdings

Simply Wall St Value Rating: ★★★★☆☆

Overview: Advanced Innergy Holdings Limited specializes in the design, engineering, manufacturing, and installation of essential insulation, buoyancy, cable protection, and fire protection systems for energy and industrial sectors with a market capitalization of approximately A$405.45 million.

Operations: Advanced Innergy Holdings generates revenue through the design, engineering, manufacturing, and installation of insulation, buoyancy, cable protection, and fire protection systems. The company has a market capitalization of approximately A$405.45 million.

Advanced Innergy Holdings, a compact player in the machinery sector, has shown impressive financial strides. Their earnings skyrocketed by 163% over the past year, outpacing the industry’s 13.6% growth rate. Despite a high net debt to equity ratio of 55%, their interest payments are comfortably covered by EBIT at 3.8 times. The company reported A$150 million from its recent IPO and trades at 32% below estimated fair value, suggesting potential upside for investors. With revenue climbing to £150 million and net income more than doubling to £10 million in fiscal year 2025, AIH seems poised for continued expansion with forecasted revenue growth of nearly A$388 million in 2026.

• Get an in-depth perspective on Advanced Innergy Holdings’ performance by reading our health report here.

• Review our historical performance report to gain insights into Advanced Innergy Holdings”s past performance.

ASX:AIH Debt to Equity as at Jan 2026Ricegrowers

Simply Wall St Value Rating: ★★★★★☆

Overview: Ricegrowers Limited is a rice food company with operations spanning Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America and has a market cap of A$1.13 billion.

Operations: Ricegrowers Limited generates revenue primarily from its rice food segment, with reported figures reaching A$1.82 billion. The company’s financial performance is influenced by various factors, including market conditions across its diverse geographical operations.

Ricegrowers, a key player in the rice industry, is capitalizing on expanding markets like the Middle East and the U.S., driven by growing demand. The company reported A$882.34 million in sales for the half-year ending October 2025, with net income rising to A$35.95 million from A$31.25 million a year prior. Its earnings per share increased to A$0.534 from A$0.472, indicating strong operational performance despite sales dipping slightly from last year’s figures of A$910.67 million. With a satisfactory net debt to equity ratio of 23%, Ricegrowers is well-positioned for strategic acquisitions and continued growth initiatives.

• Ricegrowers is expanding into high-growth markets and diversifying products to enhance margins. Click here to explore the full narrative on Ricegrowers’ strategic initiatives and market potential.

ASX:SGLLV Debt to Equity as at Jan 2026Next Steps

• Delve into our full catalog of 60 ASX Undiscovered Gems With Strong Fundamentals here.

• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.

• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:AEF ASX:AIH and ASX:SGLLV.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Denison Mines Corp. DNN recently announced that its flagship Phoenix In-Situ Recovery (ISR) uranium project, located at the Wheeler River in Saskatchewan, is now fully prepared to advance into the construction phase, subject to final regulatory approval, expected in the first quarter of 2026. DNN expects to make a final investment decision (FID) following receipt of final regulatory approvals.

The company noted that major progress was achieved throughout 2025 across regulatory approvals, detailed engineering, procurement and construction planning, including the completion of the Canadian Nuclear Safety Commission’s public hearing process and prior provincial environmental clearance.

Denison reaffirmed that Phoenix is on track to become Canada’s first new large-scale uranium mine since Cigar Lake, with an expected 24-month construction period and first production targeted for mid-2028, assuming permits are finalized and a positive FID. The company updated the post-FID initial capital cost to approximately $600 million on a Class 2 budget basis, reflecting inflation and project refinements compared to the 2023 feasibility study, including roughly $65 million in contingency funds. No further revisions are anticipated before construction commencement.

Construction readiness is supported by largely completed detailed engineering, procurement of long-lead items, near-final construction contracts for 2026, and initial provincial approval for early site works.

Shares of DNN rallied 67.4% over the past six months compared with the industry’s 18.1% rise.

Zacks Investment Research

Image Source: Zacks Investment Research

DNN Zacks Rank & Key Picks

DNN currently carries a Zacks Rank of #3 (Hold).

Some better-ranked stocks in the Basic Materials space areImpala Platinum Holdings Limited IMPUY, BHP Group Limited BHP and Paladin Energy Ltd. PALAF. IMPUY sports a Zacks Rank of #1 (Strong Buy), while BHP and PALAF carry a Zacks Rank of #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for IMPUY’s current fiscal-year earnings is pegged at $1.33 per share, indicating a 2,560% year-over-year increase. Shares of IMPUY have jumped 67.2% over the past six months.

The Zacks Consensus Estimate for BHP’s current fiscal-year earnings stands at $4.51 per share, implying a 23.9% year-over-year increase. Shares of BHP have gained 25% over the past six months.

The Zacks Consensus Estimate for PALAF’s current fiscal-year earnings is pegged at 5 cents per share, indicating a 139% year-over-year increase. Shares of PALAF have soared 39.9% over the past six months.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

Impala Platinum Holdings Ltd. (IMPUY) : Free Stock Analysis Report

Denison Mine Corp (DNN) : Free Stock Analysis Report

Paladin Energy Ltd. (PALAF) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

As we usher in 2026, the Australian market has been marked by a flat trading session with materials leading gains, while IT sectors lagged behind. In this landscape of cautious optimism and sector-specific movements, identifying hidden opportunities requires a keen eye for stocks that can thrive despite broader market uncertainties.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Joyce	NA	9.93%	17.54%	★★★★★★
Hearts and Minds Investments	NA	56.27%	59.19%	★★★★★★
Euroz Hartleys Group	NA	1.82%	-25.32%	★★★★★★
Argosy Minerals	NA	-12.81%	-19.89%	★★★★★★
Focus Minerals	NA	75.35%	51.34%	★★★★★★
Energy World	NA	-47.50%	-44.86%	★★★★★☆
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Peet	53.46%	12.70%	31.21%	★★★★☆☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 59 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

Cedar Woods Properties

Simply Wall St Value Rating: ★★★★★★

Overview: Cedar Woods Properties Limited is an Australian company that focuses on property development and investment, with a market cap of A$727.40 million.

Operations: Cedar Woods Properties generates revenue primarily from its property development and investment activities, totaling A$465.94 million. The company’s financial performance is influenced by its cost structure, which impacts the net profit margin.

Cedar Woods Properties, a notable player in the Australian property market, has shown consistent earnings growth of 12.1% annually over the past five years. The company’s net debt to equity ratio stands at a satisfactory 25.8%, with interest payments well-covered by EBIT at 7.2 times. Trading at 43.8% below its estimated fair value, Cedar Woods is poised for further growth with an expected earnings increase of 19.8% per year and a robust presales pipeline valued at A$660 million providing revenue stability. Despite challenges like potential interest rate hikes and rising construction costs, recent guidance indicates record profits for financial year 2026, supporting increased dividends and reflecting strong sales volumes.

• Cedar Woods Properties leverages housing undersupply and sustainability for margin expansion; click here to explore the full narrative on the company’s strategic positioning.

ASX:CWP Earnings and Revenue Growth as at Jan 2026IVE Group

Simply Wall St Value Rating: ★★★★★☆

Overview: IVE Group Limited, along with its subsidiaries, operates in the marketing sector in Australia and has a market capitalization of A$465.68 million.

Operations: IVE Group generates revenue primarily from its advertising segment, amounting to A$959.25 million.

IVE Group, a small player in Australia’s media and communications sector, has shown impressive financial performance with earnings growth of 69.2% over the past year. This growth outpaced the broader media industry, which saw a contraction of 42.8%. Despite its high net debt to equity ratio at 51.7%, IVE’s interest payments are well covered by EBIT at 5.1 times coverage, indicating solid operational efficiency. The company’s debt to equity ratio has improved from 105.1% to 75.2% over five years, suggesting prudent financial management while trading at a significant discount of 72.8% below estimated fair value offers potential upside for investors.

• Take a closer look at IVE Group’s potential here in our health report.

• Gain insights into IVE Group’s historical performance by reviewing our past performance report.

ASX:IGL Earnings and Revenue Growth as at Jan 2026Mayfield Group Holdings

Simply Wall St Value Rating: ★★★★★★

Overview: Mayfield Group Holdings Limited, along with its subsidiaries, offers electrical and telecommunications infrastructure products and services in Australia, with a market capitalization of A$376 million.

Operations: Mayfield Group Holdings generates revenue primarily from its electrical and telecommunications infrastructure segment, amounting to A$118.14 million. The company’s financial performance can be analyzed through its net profit margin trends over recent periods.

Mayfield Group Holdings, a notable player in the electrical industry, has seen its earnings grow by 32.5% over the past year, outpacing the industry’s 9.9% growth rate. With a debt to equity ratio that has improved from 8.9% to just 0.2% in five years, it appears financially stable and holds more cash than total debt, easing concerns about interest payments. Despite recent significant insider selling and shareholder dilution due to follow-on equity offerings totaling A$33 million at A$1.90 per share, the company remains profitable with high-quality earnings and positive free cash flow of A$15 million as of June 2024.

• Click to explore a detailed breakdown of our findings in Mayfield Group Holdings’ health report.

• Explore historical data to track Mayfield Group Holdings’ performance over time in our Past section.

ASX:MYG Debt to Equity as at Jan 2026Where To Now?

• Get an in-depth perspective on all 59 ASX Undiscovered Gems With Strong Fundamentals by using our screener here.
• Have you diversified into these companies? Leverage the power of Simply Wall St’s portfolio to keep a close eye on market movements affecting your investments.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it’s free and covers every market in the world.

Contemplating Other Strategies?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:CWP ASX:IGL and ASX:MYG.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

VANCOUVER, BC / ACCESS Newswire / January 5, 2026 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9) ("Apex" or the "Company"), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, is pleased to announce that it has received approval from the Nebraska Department of Water, Energy and Environment ("NDEE") for its mineral exploration permit ("drill permit") at the Company's flagship Rift Rare Earth Project, located within the Elk Creek Carbonatite Complex in southeastern Nebraska, U.S.A.

Apex CEO, Sean Charland, stated: "We have been very active expanding and consolidating our property position and completing historical re-logging, re-assaying and 3D modelling work in preparation for our inaugural drill campaign at the Rift Rare Earth Project. We are very pleased to receive our drill permit, which marks a significant step forward as we transition from planning and preparation to drill program execution. We are eager to begin verifying and expanding upon the excellent historical results, which we believe can rapidly position the Rift Project as one of the premier rare earth projects in North America."

The Rift Project now covers approximately 3,500 acres across the Elk Creek Carbonatite Complex-an area with extensive historical drilling by previous operators, including Molycorp (1973-1986) and Quantum Rare Earth Developments (2010-2011). Historical programs reported broad, high-grade REE mineralized intervals, including:

• 155.5 metres ("m") of 2.70% REO(1), including 54.9 m at 3.30% REO (EC-93).

• 236.2 m of 2.10% REO, including 68.2 m of 3.32% REO (NEC11-004).

Drill Program Preparations

With a permit now in hand, Apex has begun advancing all pre-drilling activities, with drilling expected to commence during the first half of Q1/2026. Ongoing preparations include:

• Finalizing discussions with contractors

• Securing drill mobilization schedules and support services

• Establishing access routes and planned drill pad locations

• Completing logistical planning for core handling, sampling, and onsite operations; and

• Target refinement based on historical data and detailed geological review.

A detailed summary of the drillhole locations and planned meterage will be released as the program commences.

Management cautions that drillhole EC-93 is historical and was originally completed by Molycorp between 1984-1986 with reanalysis performed by Quantum Rare Earth Development Corp. in 2010. The EC-93 results presented herein are from the 2010 reanalysis.

1Rare earth oxide (REO), includes the sum of Ce2O3, La2O3, Pr2O3, Nd2O3, Eu2O3, Sm2O3, Gd2O3, Tb2O3, Dy2O3, Ho2O3, Er2O3, Tm2O3, Yb2O3, Lu2O3, and Y2O3

Qualified Person

The technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo., a Qualified Person under NI 43-101 on standards of disclosure for mineral projects. Mr. Schmidt is a Geologist with Dahrouge Geological Consulting Ltd., the consulting firm engaged by Apex Critical Metals Corp. to conduct and oversee all of the Company's exploration work, including the 2026 drill program.

References

Molycorp, Inc. (1973-1986). Elk Creek Carbonatite Exploration Drill Program Reports. Internal company records, archived at the Nebraska Geological Survey, Lincoln, Nebraska, USA.

Daigle, P., P.Geo. (2012).; NI 43-101 Elk Creek NB Project, Nebraska, US – Resource Estimate Update, Prepared for Quantum Rare Earth Development Corp., by Tetra Tech Wardrop, April 23, 2012.

Quantum Rare Earth Developments Corp. (2011). "Quantum Announces Significant Rare Earth Results from Elk Creek, Nebraska." News Release, September 20, 2011.

About Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9)

Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada. The Company's flagship Rift Project, located within the highly prospective Elk Creek Carbonatite Complex in Nebraska, U.S.A., hosts extensive rare earth rights surrounding one of North America's most advanced niobium-REE deposits. Historical drilling across the complex has reported broad intervals of high-grade REE mineralization, including intercepts such as 155.5 m of 2.70% REO and 68.2 m of 3.32% REO.

In Canada, Apex continues to advance its 100%-owned Cap Project, located 85 kilometres northeast of Prince George, British Columbia. The 2025 drill program confirmed a significant niobium discovery with 0.59% Nb₂O₅ over 36 metres, including 1.08% Nb₂O₅ over 10 metres, within a 1.8-kilometre-long niobium trend. The Cap Project continues to demonstrate strong potential for niobium mineralization within a large and previously unrecognized carbonatite system.

With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and to sign up for free news alerts please go to https://apexcriticalmetals.com/news/news-alerts/, or follow us on X (formerly Twitter), Facebook or LinkedIn.

On Behalf of the Board of Directors

APEX CRITICAL METALS CORP.,

Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include (without limitation) statements regarding the Company's Canadian and US-based prospective assets (more particularly described above), including the potential for additional acquisitions, statements about the potential for the Rift Project's potential as a premier rare earth project in North America and statements regarding the anticipated drilling program on the Rift Project in 2026. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: the Company's properties are at an early stage of development and no current mineral resources or reserves have been identified by the Company thereof, that we may not be able to fully finance any additional exploration on the Company's properties; that even if we are able to raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements herein are made as of the date hereof, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Apex Critical Metals Corp.

View the original press release on ACCESS Newswire

Alphamin Resources Corp.

Grand Baie, MAURITIUS, Jan. 05, 2026 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the “Company” or “Alphamin”) announced today that Mr. Paul Baloyi has resigned as a director of the Company effective January 31, 2026. Mr. Baloyi has served on the board since April 2017 as an appointee of the Industrial Development Corporation of South Africa Ltd. (IDC) and the board of directors wishes to thank him for his contributions to Alphamin during his tenure.

FOR MORE INFORMATION, PLEASE CONTACT:

Charles Needham                                                                Chairman                                                Alphamin Resources Corp.                                                Tel: +230 269 4166E-mail: msmith@alphaminresources.com

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Southern Copper Corporation SCCO is laying the groundwork for a multi-year copper growth story, even as near-term production shows modest moderation. For 2025, the company guided copper output at 958,800 tons, implying a 2% dip from the 973,900 tons produced in 2024. Looking beyond 2025, SCCO expects production to steadily build toward 1,084,000 tons by the end of this decade. 

Growth is projected to accelerate meaningfully from 2031 onward, with copper output envisioned to reach around 1,536,000 tons by 2034. This represents a 5% CAGR over 2024, underscoring SCCO’s confidence in its extensive project pipeline across Peru and Mexico.

The company’s capital investment program for this decade runs to more than $15 billion, with the major portion (around $10.3 billion) earmarked for Peru.The long-awaited Tia Maria project, located in Arequipa, Peru, with an annual capacity of 120,000 tons of SX- EW copper cathodes, is expected to start in 2027. This project will use state-of-the-art SX-EW technology with the highest international environmental standards.

In Mexico, El Pilar, which is expected to start in 2028, will contribute around 36,000 tons of copper cathodes annually. This operation will use highly cost-efficient and environmentally friendly SX-EW technology. 

By 2030, El Arco in Mexico is expected to become operational. It is a world-class copper deposit located in the central part of the Baja California peninsula with ore reserves of more than 1,230 million tons with an average ore grade of 0.40% and 141 million tons of leach material with an average ore grade of 0.27%. The project includes an open-pit mine with a combined 120 ktpd concentrator and 28 ktpy SX-EW operations.

Peru’s Los Chancas project is slated to add 130,000 tons of copper starting in 2031. This will be followed by Michiquillay in 2032 with an expected 225,000 tons of copper. Michiquillay is expected to become one of Peru's largest copper mines with an expected mine life of more than 25 years. 

Taken together, SCCO’s diversified and phased project pipeline suggests that short-term production dips may be overshadowed by a powerful and sustained growth phase in the next decade.

Peer BHP Group BHP reported record copper output of 2,017 kt for fiscal 2025, up 8% year over year, crossing the 2,000 kt mark for the first time. BHP has delivered a 28% increase in copper output over the past three years, reflecting its ongoing investments to build its copper portfolio. 

BHP expects copper production to range between 1,800 and 2,000 kt in fiscal 2026. The company has copper projects under execution and a pipeline that could deliver around two Mtpa of attributable copper production during this decade.

Another peer, Teck Resources TECK, has entered into a merger agreement with Anglo American plc to form the Anglo Teck group. Anglo Teck will have more than 70% exposure to copper and is set to be among the top five global copper producers. The new company will boast an industry-leading portfolio, consisting of six world-class copper assets and premium iron ore and zinc operations. The combined annual copper production of 1.2 million tons is projected to grow 10% to 1.35 million tons by 2027.

SCCO’s Price Performance, Valuation & Estimates

Southern Copper shares have gained 55.9% in the past year compared with the industry’s 42.4% growth.

Image Source: Zacks Investment Research

SCCO is trading at a forward 12-month price/sales multiple of 8.84X, a significant premium to the industry’s 3.93X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Southern Copper’s 2025 earnings is pegged at $5.27 per share, suggesting 21.7% year-over-year growth. The same for 2026 indicates growth of 17.3%.

Here is how the EPS estimates for 2025 and 2026 have been revised over the past 60 days.

Image Source: Zacks Investment Research

SCCO currently carries a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 

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After a tough 2025, the global lithium market is gearing up for a new growth cycle. Prices fell about 90% by mid-year from their 2022 peak levels as electric vehicle (EV) demand slowed and supply built up, but 2026 looks very different.

EVs will still drive demand, but new sources are joining the mix. Strong growth in solar power installations across Europe, the United States and the Asia-Pacific region is boosting the use of battery energy storage systems (BESS), which rely on lithium to store electricity from renewable energy.

Artificial intelligence is also creating a new need for lithium. Massive AI data centers use as much electricity as small cities, and many are now adding lithium-ion batteries on-site to handle peak energy use and reduce pressure on local grids. Autonomous machines and humanoid robots could become another steady source of lithium demand over the next decade.

Governments are taking notice, too. Many now treat lithium as strategic, like energy grids or defense equipment. This means governments may support production and investments, adding stability to the market.

Per Fortune Business Insights, the global lithium market is expected to expand from $13.9 billion in 2024 to $55.5 billion by 2032, implying a CAGR of nearly 19%.

While lithium prices have been under pressure, sentiment is turning. Lithium carbonate prices in China have rallied more than 20% so far this month. Major producer Ganfeng Lithium expects global lithium demand to grow 30-40% in 2026 and has flagged high price targets of 150,000-200,000 RMB/ton as the market moves back toward balance.

Against this backdrop, a few lithium stocks — Rio Tinto plc RIO, Lithium Americas Corp. LAC, Albemarle Corporation ALB and Sociedad Quimica y Minera de Chile S.A. SQM — are worth keeping on your watchlist.

Rio Tinto

Rio Tinto is making a serious push into lithium, aiming to become one of the world’s major producers. Earlier this year, the company completed its $6.7 billion acquisition of Arcadium Lithium, giving it access to one of the largest lithium resource bases globally. With Arcadium’s high-quality assets and broad product portfolio, Rio Tinto plans to grow capacity at its Tier 1 lithium operations to more than 200,000 tons of lithium carbonate equivalent per year by 2028.

Rio Tinto is also expanding its lithium footprint in South America. It acquired the Rincon project in Argentina in 2022 and made a $2.5 billion investment in the project in 2024. Rincon is expected to produce up to 60,000 tons of battery-grade lithium carbonate annually, with first production targeted for 2028 and a gradual ramp-up to full capacity.

In Chile, Rio Tinto has formed joint ventures with Codelco and ENAMI this year to develop high-grade lithium projects, strengthening its long-term supply pipeline.

For investors, Rio Tinto offers diversified exposure to lithium alongside its established global mining business. The stock sports a Zacks Rank #1 (Strong Buy). The Zacks Consensus Estimate for RIO’s next year EPS implies a year-over-year uptick of 11%. You can see the complete list of today’s Zacks #1 Rank stocks here.

Lithium Americas

Lithium Americas is making a bold play on the U.S. lithium market with its Thacker Pass project in Nevada, home to the largest lithium resource in the country. This project plays a critical role in securing domestic lithium supply. Thacker Pass is expected to produce up to 40,000 tons of lithium carbonate per year, enough for roughly 800,000 electric vehicles. If fully realized, this output could push the United States to the world’s second-largest lithium producer. Phase 1 of the project is on track, with mechanical construction of the processing plant expected to finish by late 2027.

The project has also attracted strong government backing. In October, the U.S. Department of Energy (“DOE”) acquired a 5% stake in both Lithium Americas and the Thacker Pass joint venture. Lithium Americas also drew the first $435 million from a larger $2.23 billion DOE loan, fueling construction and securing funding for the next stages.

For investors looking at the lithium rebound, LAC stands out as a key domestic play. Its combination of scale, government support and a clear production roadmap positions it well to benefit from rising lithium demand in the coming years.

LAC carries a Zacks Rank #3 (Hold). The Zacks Consensus Estimate for LAC’s next year’s bottom line suggests a year-over-year improvement of 42%.

Albermarle

Albemarle is one of the world’s top lithium producers, well-positioned to benefit from long-term growth in battery-grade lithium. The company is actively boosting its global lithium conversion capacity through strategic projects, focusing on high-return investments that improve productivity and efficiency. Production milestones are supporting growth. In Chile, the Salar yield improvement project has reached a 50% operating rate, while ramp-up at the Meishan lithium conversion facility in China is ahead of schedule. Record output from integrated conversion plants contributed to higher sales volumes in Albemarle’s Energy Storage unit in the third quarter of 2025.

Albemarle is also streamlining operations, cutting costs and optimizing its conversion network to maintain a strong competitive edge. In 2025, these initiatives are expected to deliver around $450 million in cost and productivity gains, exceeding the initial target of $300-400 million.

With robust customer demand, expanded capacity and efficiency improvements, ALB is positioned to capture rising lithium demand globally. Its scale, diversified operations and focus on cost management make it a key player for investors looking to ride on the lithium rebound in 2026.

ALB carries a Zacks Rank #3. The Zacks Consensus Estimate for ALB’s 2026 EPS implies a year-over-year jump of 217%.

Sociedad Quimica

Sociedad Química is one of the noted producers of lithium, supplying battery and energy storage markets worldwide. Its scale and global footprint make it a key player as lithium demand rebounds.

SQM has built a highly diversified lithium platform across Chile, Australia and China. In Chile, the company is expanding operations at the Salar de Atacama, targeting lithium carbonate production of 240,000 metric tons by 2026. It is also ramping up lithium hydroxide capacity to 100,000 metric tons by the end of 2025.

In Australia, SQM is advancing the Mt. Holland project, a 50,000-metric-ton lithium hydroxide operation developed through a joint venture, while pursuing additional exploration projects. In China, the company operates a lithium hydroxide refinery and tolling facility with 40,000 metric tons of capacity, strengthening its downstream reach and global supply chain.

SQM expects long-term lithium demand to outpace supply and has already completed major capacity upgrades. With these improvements in place, the company believes it can grow market share, especially in supplying lithium for EV batteries.

For investors, SQM offers scale, diversification and strong leverage to a lithium market recovery. The stock carries a Zacks Rank #3. The Zacks Consensus Estimate for SQM’s 2026 EPS indicates a year-over-year surge of 117%.

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Bravo Mining’s (BRVO.V) Chairman and Chief Executive Luis Azevedo on Wednesday issued his annual let

TORONTO, Dec. 31, 2025 /CNW/ – Bravo Mining Corp. (TSX.V: BRVO) (OTCQX: BRVMF), ("Bravo" or the "Company") today issued its Annual Letter to Shareholders as per below (the "Letter").

Dear fellow Shareholders,

It is with immense gratitude and a profound sense of accomplishment that I address you at the close of 2025, a year that will undoubtedly be marked as a watershed moment for Bravo Mining Corp.

This past year represents a clear inflection point in the Company's evolution, one defined by disciplined execution, material de-risking of our flagship asset and consistent value creation; a year that consolidated our Luanga palladium + platinum + rhodium + gold + nickel project ("Luanga Project" or "Luanga PGM+Au+Ni Project") as one of the few large-scale, multi-million-ounce, open-pit PGM+Au+Ni deposits globally, located in a mining-friendly, geopolitically favourable and infrastructure-rich jurisdiction.

Our philosophy has remained consistent: to de-risk and advance Luanga methodically while maintaining disciplined capital allocation, enabling us to endure challenging commodity cycles and remain well positioned to benefit from shifts in market sentiment, as is now the case with PGMs and gold. This approach has allowed us to deliver a series of significant milestones while maintaining a strong financial position providing a solid platform for continued progress in 2026.

Strategic and Operational Milestones in 2025:

This year was punctuated by the delivery of a series of significant milestones that placed Luanga in the premier league of PGM projects globally:

Updated Mineral Resource Estimate1 ("MRE"): Exceeding our own expectations for resource growth, early in the year we reported the follow-on to our 2023 maiden MRE1, delivering significant increases in tonnage, grade, and resource confidence, while keeping the door open for continued resource expansion.

The updated MRE1 outlines total Measured and Indicated ("M&I") resources of 158 million tonnes ("Mt") grading 2.04 grams per tonne ("g/t") PdEq¹, containing 10.4 million ounces ("Moz") of PdEq¹, along with Inferred Resources of 78 Mt grading 2.01 g/t PdEq¹ for an additional 5.0 Moz PdEq¹. Importantly, approximately two-thirds of the total resource is now classified in the M&I category, with 86% of the MRE1 tonnage defined to a depth of only 250 metres, while mineralization has been confirmed to at least 400 metres, clearly indicating strong potential for further growth at depth.

1 Notes and Disclaimers on MRE and Palladium Equivalent – For MRE details, grades by individual metals and details for the basis of the Palladium Equivalent calculation, please see "Luanga Project 2025 MRE" section at the end of this press release.

Preliminary License (LP) Obtained: In February 2025 we secured the Preliminary License (LP) for our Luanga Project, the most critical and time-intensive permit in Brazil's environmental licensing process. Preparation for Luanga's permitting began well before our IPO in July 2022, with early environmental studies, proactive community engagement, and strong collaboration with government agencies.

This dedication culminated in a highly successful public hearing on December 12, 2024, where we received overwhelming community support, paving the way for this achievement.

Preliminary Economic Assessment2 ("PEA") Completed: In June 2025, we completed the PEA2 for the Luanga Project, outlining a potential for 17-year Life of Mine with average annual payable production of approximately 436,000 Ounces of 4 PGE (255,000 oz Palladium, 158,000 oz Platinum, 15,000 oz Rhodium, 8,500 oz Gold) plus 8,549 tonnes of Nickel.

The PEA2 evaluated two development scenarios. The Base Case, based on flotation concentrate sales to a third-party refiner, illustrated potential for an after-tax Net Present Value at 8% ("NPV8%") of US$1.25 billion and an IRR of 49%. The Alternate Case, which contemplates a vertically integrated operation, enhances value with an after-tax NPV8% of US$1.86 billion and a 49% IRR. Such economics were achieved assuming a 4 PGE basket price about 30% lower than prevailing prices (Dec 30, 2025).

The combination of high margins and a low CAPEX-to-NPV ratio underscores the potential of Luanga's open-pit nature over its 8.1km of continuous mineralized strike and favorable setting for project development, where existing infrastructure, such as paved roads alongside the deposit, power lines, cost-effective hydropower, water availability, a skilled mining workforce and tax incentives, result in operating costs that could be meaningfully more competitive than many other PGM deposits worldwide.

2For complete details, forward looking statements and disclaimers of the PEA, please see press release published on July 7, 2025. The PEA is based on the 2025 MRE for the Luanga Project (see later section: Luanga Project 2025 MRE and press release published on February 18, 2025)

Bravo to Anchor New Port of Vila do Conde Export Processing Zone (ZPE): One of the year's most significant strategic advancements was the selection of Bravo as the anchor company for the newly created Barcarena Export Processing Zone (ZPE) at the Port of Vila do Conde, Pará, the first mineral project ever to anchor a ZPE in Brazil. This designation materially strengthens Luanga's vertical integration optionality outlined in the PEA's Alternate Case2, providing a framework to support potential future concentrate processing through a smelter, whether developed by Bravo, in partnership, or by a third party.

The ZPE significantly enhances this opportunity through potential CAPEX savings, import exemptions on equipment and supplies, and tax-free exports from a strategically located deep-sea port. Importantly, the Barcarena industrial corridor hosts multiple fertilizer and chemical producers that currently rely on imported sulphuric acid. Acid generated locally as a by-product of Luanga's potential processing route could be sold directly to fertilizer blenders, creating a meaningful additional revenue stream while helping address Brazil's structural deficit in sulphuric acid supply. To illustrate this opportunity, the PEA conservatively assumed a sulphuric acid sales credit of US$160/t, while recent market prices have reached approximately US$440/t, levels that have forced major fertilizer producers to temporarily suspend production.

While Luanga's Base Case2 already illustrates potential standalone economics, the ZPE-enabled Alternate Case could meaningfully enhance project optionality and resilience. With few viable PGM development projects globally, the ZPE represents a clear differentiator within the "Bravo package", positioning Luanga not only as a compelling PGM and nickel project, but also as a potential mine-to-agro solution aligned with Brazil's strategic minerals and agricultural agendas.

Advancement in Copper-Gold Potential: We continue to make progress in understanding and advancing the copper–gold potential at and around the Luanga Project, adding another track for value creation to Bravo. Both IOCG-style (Iron Oxide Copper Gold) and magmatic Ni–Cu mineralization have now been identified across several of the 17 prioritized targets.

The 2025 exploration program has confirmed extensions of copper-gold mineralization at T5 target, delivered encouraging results from initial scout drilling at T16 and T17, and expanded focus to new targets such as Babylon, which is associated with a large magnetic anomaly.

In parallel, reprocessed geophysical datasets are being used to investigate potential depth extensions of Luanga's PGM+Au+Ni mineralization, while refining drill targeting across both IOCG and magmatic Ni–Cu systems. These efforts are systematically building a robust pipeline of exploration prospects that highlight Luanga's potential well beyond the core PGM+Au+Ni deposit.

Member of the World Platinum Investment Council (WPIC): Bravo became the first pre-production PGM company to join the World Platinum Investment Council (WPIC), gaining access to valuable market intelligence and deeper engagement with both upstream and downstream participants across the global PGM value chain. This membership also provides a platform to increase awareness of the strategic significance and quality of the Luanga Project, reflecting important recognition of Bravo's growing role in the global PGM market.

Commitment to ESG: A Year of Legacy and Impact:

In terms of ESG (Environmental, Social, and Governance), 2025 was a truly remarkable year of great personal significance for me and for the entire Bravo team.

Serra Feliz Project and Partnership with the RCF Foundation: We maintained and extended our support program for children and youth in the Serra Feliz Project. We are immensely grateful to the RCF Foundation, which, part of the same group as one of our key investors, the RCF Opportunities Fund, continues to be an invaluable partner. Together, we positively impacted over 300 children, youth, and adults, promoting education, sports, dance, theater, and leisure, and contributing to improving school performance, reducing absenteeism, and boosting self-esteem and motivation. We closed the year by promoting our usual "Solidarity Christmas" for a "Christmas without Hunger" campaign, distributing basic food baskets ("Cestas Básicas") to 715 families across the communities that surround our operations.

Historic Reforestation Mark: Our reforestation program reached the impressive milestone of 44,510 trees planted. This is a significant leap from the 30,000 trees we had planted by January 2025, with over 10,000 additional ones already in our nursery and planned for the year. We prioritize planting high-value, fruit-bearing trees, such as Brazil nuts, cocoa, açaí, acerola cherry, and other native species, aiming for the rehabilitation of degraded areas within and outside the Luanga project, including in local communities and areas affected by artisanal mining. This effort demonstrates our respect for the environment, support food security for local residents and our commitment to biodiversity.

Safety and Well-being: The safety of our team is paramount. With pride, we surpassed the mark of 650,000 hours without lost-time injuries. This achievement is a testament to our safety culture, continuous training, and diligent supervision of all field activities, building upon the 522,307 hours achieved in January 2025.

Industry and Personal Recognition: For the second time (the first being in 2023), Bravo had the honor of being recognized at the 2025 Brasil Mineral Awards as Mining Company of the Year – Exploration & Prospector (small–mid companies). This distinction validates our strategy, the quality of our team, and the excellence of our work.

In addition, I had the privilege of being honored as Mineral Sector Personality of the Year ("Miner of the Year"), marking the second time I have received this award in my professional career (previously in 2018). This recognition is one I share with our entire team, as it reflects the collective dedication and effort behind Bravo's success.

Gratitude and the Vision Beyond Reflection:

The primary purpose of this letter is to express my sincere gratitude to our shareholders, directors, stakeholders, and the entire Bravo team for your continued support over the past three years. From the outset, our ambition has been clear: to build long-term value anchored by our highly valued and sought-after basket of commodities while creating a legacy of responsible and sustainable mining that benefits the communities surrounding our project and, ultimately, Brazil.

As in prior years, our progress has often been assessed through charts, trends, short-term results, and market comparisons, a constant flow of information that can sometimes reflect little more than momentary sentiment. Throughout this process, the support of our executive team, Board, and shareholders has been instrumental in maintaining focus on the underlying value of Luanga and its potential to become a benchmark asset within our industry.

There were periods when prevailing narratives questioned the future relevance of PGMs, with some characterizing them as commodities in decline and encouraging us to shift course. We listened carefully but remained committed to our long-term strategic view. That conviction has been validated: in 2025, PGMs emerged as one of the strongest-performing commodities. I thank you for the trust, patience, and confidence that allowed us to stay the course and emerge stronger.

Looking Ahead to 2026: Consolidation and Responsible Expansion:

Looking ahead, even as we potentially navigate a more favorable commodity-cycle environment, we will not compromise our principles, convictions, or discipline. We remain focused on de-risking the project with the same cash discipline that preserves our strong capital structure. Our decisions will not be driven solely by commodity prices, but by long-term value creation.

We are advancing toward the delivery of a Pre-Feasibility Study ("PFS"), continuing to optimize metallurgical processes and plant design, while maintaining ongoing dialogue with potential strategic partners capable of enhancing project value and development strategies, not only across PGMs, but also through our copper–gold opportunities. At the same time, we will continue to strengthen our ESG practices and deepen our community and institutional engagement with the government agencies overseeing our development.

With the guidance of our strong Board of Directors, further strengthened in April 2025 by the appointment of the highly regarded Margot Naudie, and with the continued support of our friend and PGM expert Stuart Comline, who remains a consultant to the Company, I am confident that we will deliver on our objectives and translate our success into value for both existing and future shareholders.

Bravo's journey is a story of vision, resilience, and, above all, collaboration. We believe in Luanga's potential to become a key supplier of essential and critical metals, contributing to a greener and technologically advanced global economy, always with the commitment to operate responsibly and generate value for all.

On behalf of the Board of Directors and management, I thank you once again for your invaluable support. Let us toast to an even more promising future.

We are Bravo!

Luis AzevedoChairman and CEOBravo Mining Corp.

About Bravo Mining Corp.

Bravo is a Canadian and Brazil-based mineral exploration and development company focused on advancing its PGM+Au+Ni Luanga Project, as well as our copper-gold exploration opportunities in the world-class Carajás Mineral Province, Para State, Brazil.

Bravo is one of the most active explorers in Carajás. The team, comprising of local and international geologists and engineers, has a proven track record of PGM, nickel, and copper discoveries in the region and elsewhere. The individuals in the team have successfully taken a past iron oxide copper gold (IOCG) greenfield project from discovery to development and production in the Carajás.

The Luanga Project is situated on mature freehold farming land and benefits from being located close to operating mines and a mining-experienced workforce, with excellent access and proximity to existing infrastructure, including road, rail, ports, and hydroelectric grid power. Bravo's current Environmental, Social and Governance activities include planting and donating more than 42,000 high-value trees in and around the project area in the past 30 months, while hiring personnel and contracting services locally.

Technical Disclosure

Technical information in this news release has been reviewed and approved by Simon Mottram, F.AusIMM (Fellow Australia Institute of Mining and Metallurgy), President of Bravo Mining Corp. who serves as the Company's "qualified person" as defined in NI 43-101. Mr. Mottram has verified the technical data and opinions contained in this news release.

Details of the MRE and PEA with cautionary language are provided in a technical report titled "NI 43-101 Preliminary Economic Assessment (PEA) Independent Technical Report for the Luanga PGM + Au + Ni Project Pará, Brazil", with an effective date of July 7, 2025, filed under the Company's SEDAR+. It can also be found in the Company's website in the link: NI 43-101 Preliminary Economic Assessment (PEA) Independent Technical Report for the Luanga PGM + Au + Ni Project, Pará, Brazil

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements.

This news release contains forward-looking information, words and statements which are not comprised of historical facts. Forward-looking information is characterized by words and statements such as "clearly indicating", "potential", "further growth", "materially strengthens", "meaningfully enhances", "continue to strengthen", "will deliver on our objectives", "solid", "assumed", "significant", "success", "translate", "well positioned", similar words, phrases, or statements that certain events or conditions "could", "may", "should", "will" or "would" occur. This news release contains forward-looking information pertaining to the Company's 2025 PEA; the potential for future MRE growth; whether or not current or future discoveries of copper-gold mineralization at Luanga will have sufficient economic merit to consider development; potential repeatability and improvements to the economic assumptions and/or to metallurgical recoveries used in the PEA and MRE in future studies; the potential to convert some or all of the MRE to mineral reserves through economic studies and the timing and results of any such studies; the assumption that onsite vertical integration/downstream processing will be technically and economically feasible and that an experienced/strategic partner will be identified and terms of a relationship be acceptable to Bravo; the ultimate cost of power for any future mine developed; the duration and prices in future commodity cycles; whether more value can be unlocked within the Luanga in the future; changes in the exchange rate between the US$ and Brazilian Real; the results of subsequent stages of permitting, including but not limited to the timing, granting and conditions of the Installation License (LI) and Operation License ("LO") referred to herein; the outcomes of future economic studies and the Company's plans in respect thereof. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, unexpected results from exploration programs, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage; and other risks and uncertainties involved in the mineral exploration and development industry. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that the assay results confirm that the interpreted mineralization contains significant values of nickel, PGMs and Au; that the mineralization remains open at depth, that PGM and/or Ni grades and mineralized thicknesses are improving at depth; that activities will not be adversely disrupted or impeded by regulatory, political, community, economic, environmental and/or healthy and safety risks; that the Luanga Project will not be materially affected by potential supply chain disruptions; and general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

Luanga Project 2025 MRE

Mineral resources that are not mineral reserves do not have demonstrated economic viability. There is no certainty that all mineral resources would be converted into mineral reserves. This MRE includes Inferred Mineral Resources which have not had sufficient work to classify them as Indicated mineral resources. It is uncertain but reasonably expected that inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. For further information please refer to the 2025 MRE NI 43-101 Independent Technical Report (SEDAR+) with an effective date of February 18, 2025.

Note that the assumed PEA production schedule is based on a subset of this 2025 MRE and uses a higher cut-off grade (0.87g/t PdEq for the PEA versus 0.5g/t PdEq for the MRE) to provide what Bravo deems to be an optimal return in the PEA economic model, which also excludes consideration of Oxide material at this point in time.

Resource Classification	Weathering	Average Grades and Contained Metal Estimates
		Tonnes	PdEq		Pd		Pt		Rh		Au		Ni
		Mt	g/t	Oz	g/t	Oz	g/t	Oz	g/t	Oz	g/t	Oz	%	Tonnes
Measured	Oxide	4	1.51	197	0.90	117	0.88	115	0.12	15	0.05	7	—	—
	High talc	—	—	—	—	—	—	—	—	—	—	—	—	—
	Fresh Rock	32	2.06	2,144	0.97	1,009	0.67	694	0.08	88	0.04	46	0.11	35,282
	Total	36	2.00	2,340	0.96	1,126	0.69	809	0.09	104	0.04	53	0.10	35,282
Indicated	Oxide	6	1.51	314	0.97	200	0.73	151	0.11	23	0.04	9	—	—
	High talc	2	1.83	146	1.12	89	0.54	43	0.08	6	0.11	9	0.13	3,160
	Fresh Rock	113	2.09	7,599	0.99	3,583	0.59	2,133	0.09	318	0.05	193	0.14	156,406
	Total	122	2.06	8,058	0.99	3,872	0.59	2,326	0.09	348	0.05	210	0.13	159,566
Measured + Indicated	Oxide	10	1.51	510	0.94	317	0.79	266	0.11	38	0.04	15	—	—
	High talc	2	1.83	146	1.12	89	0.54	43	0.08	6	0.11	9	0.13	3,160
	Fresh Rock	145	2.08	9,743	0.98	4,592	0.60	2,827	0.09	407	0.05	239	0.13	191,688
	Total	158	2.04	10,399	0.98	4,998	0.62	3,135	0.09	451	0.05	262	0.12	194,848
Inferred	Oxide	3	1.57	130	0.88	73	1.04	86	0.13	11	0.05	4	—	—
	High talc	0.1	1.76	5	1.08	3	0.53	2	0.07	0	0.10	0	0.14	133
	Fresh Rock	75	2.02	4,878	0.97	2,344	0.58	1,389	0.08	191	0.05	123	0.13	97,586
	Total	78	2.01	5,013	0.97	2,421	0.59	1,476	0.08	202	0.05	128	0.13	97,719

Table 8: MRE Declaration at a Cut-off of 0.5g/t PdEq*

Table 11: Luanga Project 2025 MRE

Notes to the MRE:

1.	The 2025 MRE was prepared by Bernardo Horta de Cerqueira Viana, Geologist, BSc (Geology), FAIG, CEO of GE21 Consultoria Mineral Ltda. and Porfírio Cabaleiro Rodriguez, Mining Engineer, BSc (Mine Eng), FAIG, CKO of GE21 Consultoria Mineral Ltda., both independent Qualified Person ("QP") for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The effective date of the MRE is 18 February 2025.
2.	Mineral resources are reported using the 2014 CIM Definition Standards and were estimated in accordance with the CIM 2019 Best Practices Guidelines, as required by National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").
3.	The MRE Estimate is reported/confined within an economic pit shell generated by Dassault Geovia Whittle software, using the following assumptions: Generated from work completed by Bravo and historical test work: Metallurgical recovery in sulphide material of 77% Pd, 81% Pt, 51% Rh, 48% Au, 50% Ni to a Ni-PGM concentrate. Metallurgical recovery in oxide material of 81% Pd, 23% Pt, 54% Rh, 90% Au to a PGM ash residue (Ni not applicable). Metallurgical recovery in high-talc sulphide material of 51% Pd, 55% Pt, 27% Rh, 27% Au, 50% Ni to a Ni-PGM concentrate. Independent Geotechnical Testwork – Overall pit slopes of 40 degrees in oxide and 50 degrees in Fresh Rock. Densities are based on 27,170 drillhole core and 112 in situ samples density measurements. The Mineral Resources are reported on a dry density basis. External downstream payability has not been included, as the base case MRE assumption considers internal downstream processing, with operating costs for downstream processing included in the calculation of the 0.5g/t PdEq1 cut-off used for the declared MRE. Payable royalties of 2%. (Considering CFEM, for reserves a complete set of royalties must be considered) Metal Pricing For the 2025 MRE, the same pricing regime was used as in the 2023 MRE as there have been no significant changes in prices. This also allows for a direct comparison between the new 2025 MRE and the now defunct 2023 model (a 10-year trailing average – 2014-2023): Pd price of US$1,380/oz, Pt price of US$1,100/oz, Rh price of US$6,200/oz, Au price of US$1,500/oz, Ni price of US$7.10/lb. Palladium Equivalent ("PdEq1") Calculation: The PdEq equation is: PdEq1 = Pd g/t + F1 + F2 + F3 + F4 Where: F1 = (Ptp*PtR)/(Pdp*PdR) Ptt F2 = (Rhp*RhR)/(Pdp*PdR) Rht F3 = (Aup*AuR)/(Pdp*PdR) Aut F4 = (Nip*NiR)/(Pdp*PdR) Nit P = Metal Price R = Metallurgical Recovery Costs are taken from comparable projects in GE21's extensive database of mining operations in Brazil, which includes not only operating mines, but recent actual costs from what could potentially be similarly sized operating mines in the Carajás. Costs considered a throughput rate of ca. 10Mtpa. Mining costs: US$2.00/t oxide, US$3.00/t Fresh Rock. Processing costs: US$9.00/t fresh rock, US$7.50/t oxide. US$1.50/t processed, for General & Administration. US$1.00/t processed for grade control. US$0.50/t processed for rehabilitation. Several of these considerations (metallurgical recovery, metal price projections for example) should be regarded as preliminary in nature, and therefore PdEq1 calculations should be regarded as preliminary in nature.
4.	The 2025 MRE supersedes and replaces the Previous Estimate (2023), which should be no longer relied upon.
5.	The QP is not aware of political, environmental, or other risks that could materially affect the potential development of the Mineral Resources other than those typical for mining projects at this stage of development, including those listed in the Technical Report dated October 22nd, 2023, and in the Company's Annual Information Form dated April 22nd, 2024.
6.	Totals may not sum due to rounding.

Cision

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Copper prices have surged to historic highs this year, with London Metal Exchange (“LME”) copper recently topping $12,000 per metric ton, reflecting a 42% year-to-date increase. This remarkable rise is driven by a structural market shift — explosive demand from artificial intelligence (AI) is colliding with constrained global supply, creating what analysts describe as a “very tight” market.

Indeed, while factors like U.S. tariffs, weak dollar, and inventory stockpiling triggered the initial price rally, the underlying fundamentals, particularly that of surging demand tied to electrification and digital infrastructure, suggest we are entering a long-term "supercycle." 

For investors, this backdrop presents an opportune moment to make a grand entry into diversified copper exchange-traded funds (ETFs), rather than making concentrated bets on individual miners, as a profitable move for 2026.

Before suggesting a few copper ETFs to consider for your watchlist, it’s worth exploring the strong link between AI and copper demand, other key growth catalysts for the red metal, and its overall growth prospects. Understanding these factors can help investors make more informed decisions.

AI Boom and Copper Demand

The rapid build-out of AI data centers has lately emerged as a major new pillar of copper demand, thanks to the metal’s critical role in high capacity power lines, transformers and cooling infrastructure. 

To this end, industry experts like Wood Mackenzie highlight that data center demand is highly "inelastic," meaning developers will pay whatever it costs to secure copper, which represents a tiny fraction of total project budgets. According to Wood Mackenzie’s Horizons report, published in October 2025, global copper demand is estimated to surge 24% by 2035, with AI playing a critical role as a growth catalyst. 

Notably, Wood Mackenzie believes a sudden surge in data center construction can trigger price spikes of 15% or more for the red metal. With AI projected to consume an additional 2,200 TWh of electricity by 2035 (as per global data centre projects tracked by Wood Mackenzie's Power team), we may expect to witness more copper price inflation in the coming days.

AI Apart Demand Picture: 2026 & Beyond

AI is just one driver of the broader surge in copper demand, alongside the energy transition, grid modernization, and transport electrification. Beyond data centers, initiatives focused on national security and infrastructure resilience are also reshaping global copper demand.

Meeting this enormous demand will require around 8 million tons of new mine capacity plus 3.5 million tons of additional scrap (as per Wood Mackenzie). Surely, this creates a golden opportunity for a steady price hike amid an already scarce supply of the red metal, with major disruptions at mines like Grasberg in Indonesia and falling ore grades in Chile having led to a projected 330,000-ton deficit for 2026 (as estimated by JP Morgan). 

Copper price prospects remain strong over the coming years, though 2026 forecasts vary. J.P. Morgan is particularly optimistic, projecting LME copper to average $12,500 per ton in second-quarter 2026 and $12,075 for the full year, citing supply disruptions and the AI-driven demand surge as key upside factors.

On the other hand, Goldman Sachs expects a near-term pullback from record highs to an average of $10,710 in the first half of 2026, while for the full year, it forecasts prices to remain in the range of $10,000-$11,000, with the expectation that the global surplus of supply will prevent copper prices from exceeding $11,000. However, by 2035, Goldman Sachs predicts the LME copper price to reach a solid $15,000 per ton.

Copper ETFs to Consider

Given the strong convergence of demand drivers and supportive institutional forecasts, investors looking to gain exposure may consider the following copper ETFs:

Global X Copper Miners ETF COPX

This fund, with assets worth $4.56 billion, provides exposure to 41 copper mining companies. COPX has surged a solid 95.3% year to date. Its net asset value (NAV) was $72.20 as of Dec. 30, 2025.

The fund charges 65 basis points (bps) as fees. It traded at a good volume of 3.77 million shares in the last trading session. 

iShares Copper and Metals Mining ETF ICOPThis fund, with net assets worth $171 million, provides exposure to 48 global copper and metal ore miners. ICOP has soared 79.8% year to date. Its top three holdings include Freeport McMoran FCX (8.18%), Anglo American NGLOY (7.91%), and BHP Group BHP (7.73%). 

Its NAV was $44.42 as of Dec. 30, 2025. The fund charges 47 bps as fees. It traded at a volume of 0.18 million shares in the last trading session. 

Sprott Copper Miners ETF COPPThis fund, with net assets worth $97.4 million, provides exposure to physical copper and 62 copper miners. COPP has rallied 71.7% year to date. Its NAV was $34.93 as of Dec. 30, 2025. The fund charges 65 bps as fees. It traded at a volume of 0.18 million shares in the last trading session. 

United States Copper ETF CPERThis fund, with net assets worth $460.7 million, reflects the performance of the investment returns from a portfolio of copper futures contracts on the COMEX exchange. CPER has gained 40.1% year to date. 

Its NAV was $35.44 as of Dec. 30, 2025. The fund charges 106 bps as fees. It traded at a volume of 1.39 million shares in the last trading session. 

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Baytex Energy BTE: This conventional oil and gas income trust, which is focused on maintaining its production and asset base through internal property development and delivering consistent returns to its unitholders, has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.

Baytex Energy Corp Price and ConsensusBaytex Energy Corp Price and Consensus

Baytex Energy Corp price-consensus-chart | Baytex Energy Corp Quote

BHP Group Limited BHP: This mining company, which is one of the world's largest with operations spanning Australia, Brazil, Canada, Chile, Peru, and the United States, has seen the Zacks Consensus Estimate for its current year earnings increasing 13% over the last 60 day.

BHP Group Limited Sponsored ADR Price and ConsensusBHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

Samsara Inc. IOT: This company, which provides solutions which connects physical operations data to its connected operations cloud principally in the United States and internationally, has seen the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.

Samsara Inc. Price and ConsensusSamsara Inc. Price and Consensus

Samsara Inc. price-consensus-chart | Samsara Inc. Quote

Gitlab GTLB: This company, which is a leading provider of a DevSecOps platform that brings together development teams, IT operations teams, and security teams to build better and more secure software at a faster rate, has seen the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.

GitLab Inc. Price and ConsensusGitLab Inc. Price and Consensus

GitLab Inc. price-consensus-chart | GitLab Inc. Quote

Cummins CMI: This company, which is a leading global designer, manufacturer and distributor of diesel and natural gas engines and powertrain-related component products, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

Cummins Inc. Price and ConsensusCummins Inc. Price and Consensus

Cummins Inc. price-consensus-chart | Cummins Inc. Quote

 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Here are three stocks with buy rank and strong income characteristics for investors to consider today, December 31st:

Alexander's ALX: This real estate investment trust which is engaged in leasing, managing, developing and redeveloping properties, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Alexander's, Inc. Price and Consensus

Alexander's, Inc. price-consensus-chart | Alexander's, Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 8.2%, compared with the industry average of 4.8%.

Alexander's, Inc. Dividend Yield (TTM)

Alexander's, Inc. dividend-yield-ttm | Alexander's, Inc. Quote

Kforce KFRC: This company, which provide professional staffing services and solutions to clients on both a temporary and permanent basis through our Technology and Finance and Accounting segments, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.4% over the last 60 days.

Kforce, Inc. Price and Consensus

Kforce, Inc. price-consensus-chart | Kforce, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 4.9%, compared with the industry average of 2.3%.

Kforce, Inc. Dividend Yield (TTM)

Kforce, Inc. dividend-yield-ttm | Kforce, Inc. Quote

BHP Group Limited BHP: This mining company, which is one of the world's largest with operations spanning Australia, Brazil, Canada, Chile, Peru, and the United States, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13% over the last 60 days.

BHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

This Zacks Rank #1 company has a dividend yield of 3.9%, compared with the industry average of 0.0%.

BHP Group Limited Sponsored ADR Dividend Yield (TTM)

BHP Group Limited Sponsored ADR dividend-yield-ttm | BHP Group Limited Sponsored ADR Quote

 

See the full list of top ranked stocks here.

 

Find more top income stocks with some of our great premium screens

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

REE Automotive Ltd. (NASDAQ:REE) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, the United States, Germany, and internationally. With the latest financial year loss of US$112m and a trailing-twelve-month loss of US$100m, the US$23m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on REE Automotive's investors mind, we've decided to gauge market sentiment. In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.

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According to the 2 industry analysts covering REE Automotive, the consensus is that breakeven is near. They expect the company to post a final loss in 2027, before turning a profit of US$28m in 2028. So, the company is predicted to breakeven approximately 3 years from today. How fast will the company have to grow each year in order to reach the breakeven point by 2028? Working backwards from analyst estimates, it turns out that they expect the company to grow 60% year-on-year, on average, which is rather optimistic! If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.

NasdaqCM:REE Earnings Per Share Growth December 31st 2025

We're not going to go through company-specific developments for REE Automotive given that this is a high-level summary, but, bear in mind that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

Check out our latest analysis for REE Automotive

One thing we would like to bring into light with REE Automotive is its relatively high level of debt. Generally, the rule of thumb is debt shouldn’t exceed 40% of your equity, which in REE Automotive's case is 61%. A higher level of debt requires more stringent capital management which increases the risk around investing in the loss-making company.

Next Steps:

This article is not intended to be a comprehensive analysis on REE Automotive, so if you are interested in understanding the company at a deeper level, take a look at REE Automotive's company page on Simply Wall St. We've also compiled a list of relevant aspects you should further research:

Historical Track Record: What has REE Automotive's performance been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on REE Automotive's board and the CEO’s background.

Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Even if it's not a huge purchase, we think it was good to see that Alexius Chan, the Non-Executive Director of Vital Metals Limited (ASX:VML) recently shelled out AU$84k to buy stock, at AU$0.10 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 32%.

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The Last 12 Months Of Insider Transactions At Vital Metals

Notably, that recent purchase by Alexius Chan is the biggest insider purchase of Vital Metals shares that we've seen in the last year. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$0.17. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months Vital Metals insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Vital Metals

ASX:VML Insider Trading Volume December 31st 2025

Vital Metals is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Vital Metals

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that Vital Metals insiders own 8.8% of the company, worth about AU$2.2m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About Vital Metals Insiders?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Vital Metals stock. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To that end, you should learn about the 5 warning signs we've spotted with Vital Metals (including 3 which shouldn't be ignored).

If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

As the Australian market approaches the end of the year, it appears to be winding down with a slight dip, likely due to profit-taking ahead of the holiday season. Despite this temporary lull, small-cap stocks continue to attract attention for their potential growth opportunities, especially in sectors like mining and technology where recent developments have shown promising signs.

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Focus Minerals	NA	75.35%	51.34%	★★★★★★
Djerriwarrh Investments	2.39%	8.18%	7.91%	★★★★★★
Energy World	NA	-47.50%	-44.86%	★★★★★☆
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 59 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Let’s dive into some prime choices out of from the screener.

Cogstate

Simply Wall St Value Rating: ★★★★★★

Overview: Cogstate Limited is a neuroscience solutions company that develops and commercializes digital brain health assessments globally, with a market capitalization of A$387.87 million.

Operations: Cogstate generates revenue primarily from its Clinical Trials segment, contributing $50.58 million, while the Healthcare segment adds $2.51 million.

Cogstate, a neuroscience tech firm focusing on digital brain health assessments, is capitalizing on strategic partnerships and AI innovation to broaden its market presence. With no debt compared to five years ago when the debt-to-equity ratio was 16.4%, Cogstate’s financial health seems robust. The company’s earnings growth of 86% over the past year surpasses the industry average of 20%. Analysts forecast an annual revenue increase of 7.6% over three years and project profit margins rising from 19.1% to 21.5%. Trading at A$1.69, with a target price of A$2.19, suggests potential upside amid competitive pressures and regulatory challenges.

• Cogstate’s strategic partnership with Medidata enhances its market reach and revenue potential. Click here to explore the full narrative on Cogstate’s growth strategy.

ASX:CGS Debt to Equity as at Dec 2025GenusPlus Group

Simply Wall St Value Rating: ★★★★★★

Overview: GenusPlus Group Ltd specializes in the installation, construction, and maintenance of power and communication systems in Australia, with a market capitalization of A$1.14 billion.

Operations: GenusPlus Group generates revenue through three primary segments: Infrastructure (A$405.10 million), Energy & Engineering (A$224.06 million), and Services (A$122.11 million).

With a strong foothold in Australia’s renewable energy sector, GenusPlus Group is poised to benefit from the country’s grid upgrades and diverse project pipeline that reduces geographic risks. The company has strategically reduced its debt to equity ratio from 7% to 6.3% over five years, while maintaining profitability with more cash than total debt. Earnings growth of 83.6% last year outpaced the industry average by a significant margin, showcasing high-quality earnings potential. However, challenges such as integration issues from acquisitions and reliance on government infrastructure spending could impact future performance despite projected annual revenue growth of 14.2%.

• GenusPlus Group is strategically expanding into higher-margin segments like battery energy storage. Explore the full narrative on GenusPlus Group’s strategic expansion and market positioning.

ASX:GNP Debt to Equity as at Dec 2025Tasmea

Simply Wall St Value Rating: ★★★★★☆

Overview: Tasmea Limited specializes in providing shutdown, maintenance, emergency breakdown, and capital upgrade services across Australia with a market capitalization of A$1.10 billion.

Operations: Tasmea generates revenue primarily from Electrical Services (A$212.71 million), Civil Services (A$103.07 million), and Mechanical Services (A$144.87 million). Water & Fluid services contribute A$87.06 million to the total revenue.

Tasmea, a smaller player in the construction sector, showcases impressive earnings growth of 74.9% over the past year, significantly outpacing the industry average of 6.5%. Despite its high net debt to equity ratio at 59.8%, Tasmea’s interest payments are well-covered by EBIT at 10.5 times, indicating robust financial health in this regard. The company recently completed a follow-on equity offering worth A$27.5 million and announced an acquisition of WorkPac, suggesting strategic expansion plans. Trading nearly half below its estimated fair value and with forecasted earnings growth of 15.96% annually, Tasmea seems poised for further development despite its debt concerns.

• Dive into the specifics of Tasmea here with our thorough health report.

• Evaluate Tasmea’s historical performance by accessing our past performance report.

ASX:TEA Debt to Equity as at Dec 2025Summing It All Up

• Gain an insight into the universe of 59 ASX Undiscovered Gems With Strong Fundamentals by clicking here.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio’s performance.
• Discover a world of investment opportunities with Simply Wall St’s free app and access unparalleled stock analysis across all markets.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:CGS ASX:GNP and ASX:TEA.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

VANCOUVER, BC / ACCESS Newswire / December 31, 2025 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9) ("Apex" or the "Company"), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, is pleased to provide a summary of all analytical results from its 2025 regional exploration drilling program and 2026 outlook at the 100%-owned Cap Critical Minerals Project ("Cap" or the "Project") in central British Columbia.

Highlights

• Expanded mineralization from CAP25-006, which returned 124.5 m of 0.27% Nb₂O₅, encompassing the previously announced 36 m of 0.59% Nb₂O₅ that included 10 m at 1.08% Nb₂O₅.

• The additional drill holes in 2025 were designed to test regional target areas. The niobium enriched discovery in CAP25-006 remains open in multiple directions and a priority area for follow-up drilling in 2026 (see Figure 1).

• Multiple REE-enriched intervals were returned across the 2025 drilling, including two significant zones grading between 1.08% and 1.33% REO over 3.0 m and 3.4 m in CAP25-005 and CAP25-006, respectively, demonstrating strong rare earth potential within the carbonatite system.

• Significant phosphate mineralization occurs in both high-grade and broad intervals, with P₂O₅ grades up to 16.2% over 3.8m (CAP25-007) and several intervals exceeding 5% P₂O₅; including 6.2% P₂O₅ over 45 m (CAP25-007) and 4.5% P₂O₅ over 97.2 m (CAP25-012)

• The new geophysical survey results (see News Release dated November 12, 2025) show a massive buried magnetic anomaly that has yet to be tested at depth (see Figure 2). Testing this high-priority target and following up on the new near-surface niobium discovery will be the dual focus for 2026 drilling.

Sean Charland, CEO of Apex Critical Metals, stated: "The drilling highlight of the 2025 program remains the near-surface, high-grade niobium discovery, with the additional assay results showing a broader interval in CAP25-006 and further niobium, phosphate and REE mineralization in other regional target areas, which reinforces our interpretation of a large, fertile carbonatite system. We are equally excited by the intensity and scale of the untested magnetic anomaly to the southeast of our 2025 regional program, underscoring the opportunity and exploration upside at Cap."

The 2025 exploration program consisted of nine (9) helicopter-supported NQ diamond drillholes totaling 2,323 m (Table 2). The remaining results confirm widespread niobium, rare earth element and phosphate mineralization across multiple drillholes and substantially expand the mineralized interval previously reported from discovery hole CAP25-006. Collectively, the results demonstrate that Cap hosts potential for a large, fertile, multi-phase carbonatite system that remains open and underexplored.

Previously released rush assays from CAP25-006 reported 36 m averaging 0.59% Nb₂O₅, including 10 m at 1.08% Nb₂O₅, beginning at only 33.5 m downhole (see News Release dated August 27, 2025). Complete assays now show that this zone is part of a much broader mineralized interval totaling 124.5 m averaging 0.27% Nb₂O₅, confirming continuity and scale. This niobium enriched zone was not directly followed up on during the 2025 first pass regional drilling campaign and remains open both laterally (see Figure 1 below) and at depth.

Figure 1: Map showing location of 2025 drillholes over total magnetic intensity from 2025 airborne survey

The assay results also demonstrate meaningful rare earth element potential at Cap. As outlined in Table 1, multiple REE-bearing intervals were intersected across the 2025 drilling, including intervals grading between 1.08% and 1.33% REO over 3.0 m and 3.4 m in CAP25-005 and CAP25-006, respectively. Localized samples exceeding 2% REO indicate enrichment and support a broader critical-metal signature within the carbonatite system (Table 1).

Phosphate mineralization is well developed across the Project, with assay results returning both high-grade and broad continuous intervals. Results reach up to 16.2% P₂O₅, over 3.8 m with intervals including 45.0 m at 6.22% from CAP25-007 and 58.2 m at 5.63% from CAP25-012 (Table 1). The distribution of these phosphate-rich zones across multiple drillholes further supports the interpretation of a large carbonatite system.

The Company completed a geophysical survey near the end of the exploration season concurrent to its final drill holes to better detail andto further refine subsurface targeting. The survey outlined a large magnetic anomaly interpreted to represent a buried intrusive body (Figure 2). To date, this anomaly has only been tested by a single historical (2017) drill hole that did not reach the interpreted target depth. The size, strength, and limited drill testing of this feature present a compelling opportunity for follow-up, with several well-positioned drill holes planned for the 2026 exploration season.

Figure 2: Map showing 2025 drilling location and significant untested magnetic anomaly to the southeast, outlined from 2025 airborne geophysical survey

Table 1 Drillhole Assay Summary

The Company will now incorporate the full 2025 assay dataset and newly acquired airborne magnetic survey results into an updated geological model. This work will support the design of the 2026 drill program, which is expected to focus on step-out drilling around the CAP25-006 niobium discovery and initial testing of high-priority targets generated from the 2025 airborne geophysical survey. The 2025 exploration program was a success in advancing the Company's understanding of the carbonatite system at Cap and refining the focus for the year ahead.

The near-term focus remains on the Company's flagship Rift Rare Earth Project in Nebraska, USA, where significant progress is being made towards a fully funded drill program, which is expected to commence in early Q1/2026.

Table 2 Drillhole Locations and Attributes

Quality Assurance / Quality Control

All drilling was completed using a helicopter supported diamond drill rig with NQ size core and all drill core samples have been or will be shipped to Activation Laboratories Ltd. preparation facility in Kamloops, British Columbia, for standard sample preparation (code RX1) which includes drying, crush (< 7 kg) up to 80% passing 2 mm, riffle split (250 g) and pulverize (mild steel) to 95% passing 105 µm. The samples were subsequently analyzed using Code 8 by XRF Nb₂O₅, ZrO2 and Ta2O5 (0.003%), Code 8 – REE Assay (lithium metaborate/tetraborate fusion with subsequent analysis by ICP and ICP/MS). Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box onsite.

A Quality Assurance/Quality Control protocol was incorporated into the program and included the insertion of certified reference material and silica blanks at a rate of approximately 5% and 5%, respectively.

Qualified Person

The technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo., a Qualified Person under NI 43-101 on standards of disclosure for mineral projects (EGBC Licence 48336). Mr. Schmidt is a Geologist with Dahrouge Geological Consulting Ltd. (EGBC Permit to Practice 1003035), the consulting firm engaged by Apex Critical Metals Corp. to conduct and oversee all of the Company's exploration work, including the 2025 drill program.

Mr. Schmidt has verified all scientific and technical data disclosed in this news release including the sampling and QA/QC results, and certified analytical data underlying the technical information disclosed. Mr. Schmidt noted no errors or omissions during the data verification process. The Company and Mr. Schmidt do not recognize any factors of sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed in this news release.

About Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9)

Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada. The Company's flagship Rift Project, located within the highly prospective Elk Creek Carbonatite Complex in Nebraska, U.S.A., hosts extensive rare earth rights surrounding one of North America's most advanced niobium-REE deposits. Historical drilling across the complex has reported broad intervals of high-grade REE mineralization, including intercepts such as 155.5 m of 2.70% REO and 68.2 m of 3.32% REO.

In Canada, Apex continues to advance its 100%-owned Cap Project, located 85 kilometres northeast of Prince George, British Columbia. The 2025 drill program confirmed a significant niobium discovery with 0.59% Nb₂O₅ over 36 metres, including 1.08% Nb₂O₅ over 10 metres, within a 1.8-kilometre-long niobium trend. The Cap Project continues to demonstrate strong potential for niobium mineralization within a large and previously unrecognized carbonatite system.

With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and to sign up for free news alerts please go to https://apexcriticalmetals.com/news/news-alerts/, or follow us on X (formerly Twitter), Facebook or LinkedIn.

On Behalf of the Board of Directors

APEX CRITICAL METALS CORP.,

Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include (without limitation) statements with respect to follow-up drilling on the Cap Project in 2026, the potential for the Cap Project to host a large, fertile multi-phase carbonatite system, statements regarding the Company's growing portfolio of critical mineral projects in Canada and the United States and the potential for exploration. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: the Company's properties are at an early stage of development and no current mineral resources or reserves have been identified by the Company thereof, that we may not be able to fully finance any additional exploration on the Company's properties; that even if we are able to raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements herein are made as of the date hereof, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Apex Critical Metals Corp.

View the original press release on ACCESS Newswire

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at BHP (BHP), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. BHP currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?

Let's discuss some of the components of the Momentum Style Score for BHP that show why this global miner shows promise as a solid momentum pick.

A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For BHP, shares are up 4.33% over the past week while the Zacks Mining – Miscellaneous industry is up 3.88% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 9.46% compares favorably with the industry's 3.82% performance as well.

Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of BHP have risen 7.9%, and are up 23.8% in the last year. In comparison, the S&P 500 has only moved 3.98% and 16.97%, respectively.

Investors should also take note of BHP's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now BHP is averaging 2,810,768 shares for the last 20 days..

Earnings Outlook

The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with BHP.

Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost BHP's consensus estimate, increasing from $3.99 to $4.51 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom Line

Taking into account all of these elements, it should come as no surprise that BHP is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep BHP on your short list.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

REE Automotive Ltd.

• Extension Allows Additional Time to Meet Minimum Bid Price Requirement

• Company Remains Focused on Compliance Strategy and Execution

TEL AVIV, Israel, Dec. 30, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today announced that the Nasdaq Stock Market LLC (Nasdaq) has granted the Company’s request for a 180-day extension to meet the $1 minimum bid price requirement.

On July 1, 2025, Nasdaq notified the Company that the closing bid price of its Class A ordinary shares had been below $1.00 for 30 consecutive business days, triggering a deficiency under the Minimum Bid Price Requirement. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), REE was provided an initial 180-day period through December 29, 2025 to regain compliance.

Following REE’s requested extension, on December 30, 2025 Nasdaq determined that REE meets all other applicable continued listing criteria and granted REE an additional 180-day extension through June 29, 2026 to cure the deficiency. During this second compliance period, REE’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “REE,” and the extension has no immediate effect on the listing or trading of the Company’s securities.

To regain compliance, the Company’s ordinary shares must achieve a closing bid price of at least $1.00 per share for at least a minimum of 10 consecutive business days during the additional compliance period, in accordance with Nasdaq Listing Rule 5810(c)(3)(H), after which Nasdaq will provide written confirmation of compliance. The Company intends to monitor the closing bid price of its shares and evaluate all available options to regain compliance within the allotted timeframe, including effecting a reverse stock split, if necessary.

“We remain focused on executing our strategy and are committed to taking the steps necessary to regain compliance with Nasdaq’s listing requirements,” said Daniel Barel, Co-founder and CEO of REE. “We appreciate Nasdaq’s consideration and the additional time provided as we continue to advance our technology and engage with partners and customers.”

​​About REE AutomotiveREE Automotive (Nasdaq: REE) is an automotive technology company that develops and produces software-defined vehicle (SDV) technology designed to manage vehicle operations and features through proprietary software. REE’s advanced Zonal SDV Architecture is designed to integrate seamlessly with legacy systems to improve vehicle safety, performance, and reliability. By centralizing key vehicle functions, the architecture seeks to enhance modularity, redundancy, and stability, and to enable safer and more efficient vehicle platforms. Powered by secured AI and deep over-the-air upgradability, REE’s technology allows for continuous updates and improvements throughout a vehicle’s lifespan. This makes Powered by REE® vehicles adaptable to customer and market changes and designed with future autonomy and connectivity in mind. REE was the first company to FMVSS certify a full by-wire vehicle in the U.S. Its proprietary by-wire technology for drive, steer, and brake control removes the need for mechanical linkages, supporting flexible design and optimized performance. Through its approach of “complete not compete,” REE enables original equipment manufacturers and technology companies to license its SDV technology, allowing them to design and build vehicles tailored to their specific requirements using REE’s scalable, future-ready platform. To learn more visit www.ree.auto.

Media ContactKeren Shemesh Chief Marketing Officer for REE AutomotiveMedia@ree.auto

Investor ContactHai AvivChief Finance Officer for REE Automotiveinvestors@ree.auto

Caution About Forward-Looking StatementsThis press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, among others, statements regarding the Company’s ability to regain compliance with minimum bid price requirement by June 29, 2026, any additional time to regain compliance thereafter, including through a reverse stock split, and any appeal of any Nasdaq determination to delist REE’s Class A ordinary shares. Actual results of matters addressed in these forward-looking statements involve risks and uncertainties and may differ substantially from those expressed or implied. Factors that could cause actual results to differ are discussed in the sections entitled “Cautionary Note Regarding Forward-Looking Statements”, “Risk Factors”, and “Operating and Financial Review and Prospects” in REE’s annual report filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 15, 2025, as updated by the REE’s subsequent filings with the SEC. In addition, the memorandum of understanding is non-binding and contains different project phases, which may not occur and/or result in successful completion. The forward-looking statements in this press release speak only as of the date of this press release, and we undertake no obligation to update any forward-looking statements.

REE Automotive Ltd.

TEL AVIV, Israel, Dec. 30, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops software-defined vehicle (SDV) technology and provides full by-wire platforms, today announced financial results for the six months ended June 30, 2025.

“Over the past several months, we’ve taken decisive actions intended to accelerate delivery of our software-defined vehicle technologies, improve our cost structure, and strengthen execution. This includes shifting from capital-intensive vehicle production to a technology-first approach focused on collaborating with original equipment manufacturers (OEMs) and strategic partners with the goal of bringing our technology to the market faster and to drive broad adoption across multiple vehicle platforms,” said Daniel Barel, Co-Founder and Chief Executive Officer of REE. “During this period, we implemented meaningful changes to optimize our cost structure while deepening existing strategic partnerships and pursuing new opportunities with companies that benefit from our SDV technology.”

“We met our goal and converted the previously announced MOU with a leading technology company into a binding agreement. This program will be focused on developing a software-defined autonomous public transport shuttle based on REE’s Zonal Architecture SDV technology and utilizes our REEcorner™. During the development program, REE will design and manufacture several prototypes, and any procurement of the REEcorner™ for serial production will be subject to a separate serial supply agreement. The implementation of the binding agreement is pending the satisfaction of certain closing conditions by the leading technology company, which are outside of REE’s control. If the closing conditions are satisfied, the program is expected to commence and is estimated to generate up to approximately $107 million over a two-year period following commencement.”

“In November 2025, we also announced an MOU with Mitsubishi Fuso Truck and Bus Corporation (Mitsubishi Fuso) to explore and evaluate the application of our SDV capabilities, including our Zonal Architecture SDV and x-by-wire technologies, in a commercial-vehicle context. The joint project under the MOU is already underway and as part of this collaboration, the companies plan to assess the integration of REE’s technology on a Mitsubishi Fuso platform and evaluate the potential for broader future use, subject to the outcomes of the evaluation and any subsequent agreements. We believe there is significant potential with Mitsubishi Fuso to expand our SDV offering to the market post-2030, subject to completing a successful evaluation of our technology and entering into a separate nomination agreement.

“Additionally, we have recently signed an MOU with Cascadia Motion (a wholly-owned subsidiary of BorgWarner Inc.) to co-develop and commercialize a next generation electric drive unit (EDU) built on REEcorner™ technology. This compact, cross-platform combines BorgWarner’s Cascadia expertise with REE’s technology to provide OEMs with a scalable solution that meets growing global demand for electrification. Under a phased plan, including a royalty-bearing arrangement, Cascadia will have an exclusive option to distribute the EDU, and with the market estimated by industry research estimates to double by 2035, we believe this partnership may position REE to capture significant growth.

“Operationally, we made significant progress on delivering on our commitment to reduce our operating expenses1 from a monthly average of approximately $6 million in the first half of 2025 to an estimated monthly average of $3.1 to $3.3 million in the fourth quarter of 2025. We are currently targeting to reduce it further to approximately $1.8 million per month by the end of the first quarter of 2026, subject to the execution of our cost reduction plan, which includes a reduction-in-force, other operational efficiencies and other factors, representing a 70% reduction compared to the first half of 2025. We believe that this disciplined approach underscores our commitment to delivering our long-term objectives and creating value for our shareholders,” said Daniel Barel.

Six Months Financial Results as of June 30, 2025, and Recent Highlights

• $54.7 million in cash & cash equivalents as of June 30, 2025, compared to $72.3 million in cash & cash equivalents and short-term investments as of December 31, 2024. Each inclusive of a credit facility in the amount of $18 million. As of November 30, 2025, our cash and cash equivalents were $17.2 million, excluding the credit facility.

• Free Cash Flow (FCF) burn increased by 31% from $39.9 million for the six months ended June 30, 2024 to $52.5 million for the six months ended June 30, 2025, primarily derived from production-related costs in the first quarter of 2025 that were mainly derived from tooling investments and inventory as part of the P7 program.

• U.S. Generally Accepted Accounting Principles (GAAP) net loss decreased by approximately 33% from $36.0 million for the six months ended June 30, 2024 to $24.3 million for the six months ended June 30, 2025. The year-over-year (YoY) decrease in net loss was primarily driven by non-cash income from the remeasurement of warrants and derivative liabilities. This income was partially offset by non-cash inventory write-downs and impairment of long-lived assets, as well as by the recognition of a UK research and development (R&D) tax credit and grants from the UK government in the first half of 2024.

• Non-GAAP net loss increased by approximately 8% from $33.7 million for the six months ended June 30, 2024 to $36.5 million for the six months ended June 30, 2025. The YoY increase was primarily driven by the recognition of a UK R&D tax credit and grants from the UK government in the first half of 2024.

A reconciliation of GAAP to non-GAAP measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”

Prepared remarks and a review of H1 financial are available at: LINK

To learn more about REE Automotive’s patented technology and unique value proposition that position the company to break new ground in e-mobility, visit www.ree.auto.

                                                                    

1 Monthly average for operating expenses sets forth the Company’s ongoing operating expenses while excluding one-time charges including but not limited to: non-cash expenses such as impairment, inventory write-offs and share-based compensation expenses, one-time costs related to our production pause and reduction-in-force plans, grants received and R&D tax credits and other non-recurring expenses that are not considered by the management as ongoing operating expenses.

Non-GAAP Financial Measures

We have provided financial information in this press release that has not been prepared in accordance with GAAP. These non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies. We use these non-GAAP financial measures internally in analyzing our financial results and believe they are useful to investors, as a supplement to GAAP measures, in evaluating our ongoing operational performance. We believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing our financial results with peer companies, many of which present similar non-GAAP financial measures to investors.

Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures provided in the financial statement tables below.

We believe that Free Cash Flow (FCF) tis a liquidity measure that provides useful information to management and investors about the amount of cash used in our operational activities and capital expenditures. Free Cash flow burn represents the negative cash outflow used in our activities as explained above.

We believe that non-GAAP net loss reflects an additional means of evaluating REE’s ongoing operating results and trends. We believe that this non-GAAP measure provides useful information about our operating results, enhances the overall understanding of our past performance and future prospects and allows for greater visibility with respect to key metrics used by our management in its financial and operational decision-making.

About REE Automotive

REE Automotive (Nasdaq: REE) is an automotive technology company that develops and produces software-defined vehicle (SDV) technology designed to manage vehicle operations and features through proprietary software. REE’s advanced Zonal SDV Architecture is designed to integrate seamlessly with legacy systems to improve vehicle safety, performance, and reliability. By centralizing key vehicle functions, the architecture seeks to enhance modularity, redundancy, and stability, and to enable safer and more efficient vehicle platforms. Powered by secured AI and deep over-the-air upgradability, REE’s technology allows for continuous updates and improvements throughout a vehicle’s lifespan. This makes Powered by REE® vehicles adaptable to customer and market changes and designed with future autonomy and connectivity in mind. REE was the first company to FMVSS certify a full by-wire vehicle in the U.S. Its proprietary by-wire technology for drive, steer, and brake control removes the need for mechanical linkages, supporting flexible design and optimized performance. Through its approach of “complete not compete,” REE enables original equipment manufacturers and technology companies to license its SDV technology, allowing them to design and build vehicles tailored to their specific requirements using REE’s scalable, future-ready platform. www.REE.auto

Caution About Forward-Looking Statements

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, among others, statements regarding REE’s strategic shift to a technology-first business model; the anticipated timing, scope, benefits, and value of collaborations, commercial arrangements, and development programs; the potential to generate up to $107 million in revenue under a binding agreement that replaced a previously announced MOU; the potential for the closing conditions of the binding agreement with a leading technology company to be met and such agreement to be implemented; anticipated future agreements; market opportunities, including the EDU market doubling by 2035; targeted cash burn reductions and liquidity; the belief that REE’s disciplined approach underscores its commitment to delivering its long-term objectives and creating value for its shareholders; and projected capital needs. Although REE has entered into a binding agreement that contemplates up to $107 million in potential revenue, REE cannot predict whether or when the related project will commence. Project commencement depends solely on the satisfaction of specified closing conditions by the counterparty, which are outside REE’s control. If those conditions are not met, or are met later than expected, the project may be delayed or may not proceed, and anticipated revenue may never be realized. Actual results of matters addressed in these forward-looking statements involve risks and uncertainties and may differ substantially from those expressed or implied. Factors that could cause actual results to differ are discussed in the sections entitled “Cautionary Note Regarding Forward-Looking Statements”, “Risk Factors”, and “Operating and Financial Review and Prospects” in REE’s annual report filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 15, 2025, as updated by the REE’s subsequent filings with the SEC, including in the section titled “Risk Factors” in Exhibit 99.3 to Form 6-K that we furnished to the SEC on December 30, 2025. In addition, each of our memorandums of understanding contain aspects that are non-binding and different phases, which may not occur and/or result in successful completion. Market and industry forecasts are inherently uncertain and actual market growth may differ materially from such estimates. Our ability to execute our strategic plan depends on our ability to maintain sufficient liquidity, access capital if needed, and manage cash expenditures. Even where we enter into binding agreements or MOUs, counterparties may delay or fail to perform, may not proceed to commercialization, may not exercise options or enter into serial production or nomination agreements, and we may not realize anticipated revenue, royalties, or other benefits. The forward-looking statements in this press release speak only as of the date of this press release, and we undertake no obligation to update any forward-looking statements.

REE AUTOMOTIVE LTD.Condensed Consolidated Statements of Comprehensive LossU.S. dollars in thousands (except share and per share data) (Unaudited)
	Six Months Ended
		June30,			June30,
		2025			2024
Revenues	$	184		$	160
Cost of revenues		14,504			1,455
Gross loss	$	(14,320	)	$	(1,295	)
Operating expenses:
Research and development expenses, net		30,040			23,421
Selling, general and administrative expenses		11,525			14,101
Other expenses		20,080			—
Total operating expenses		61,645			37,522
Operating loss	$	(75,965	)	$	(38,817	)
Income from warrants remeasurement		38,539			1,880
Financial income, net		11,289			2,261
Net loss before income tax		(26,137	)		(34,676	)
Taxes on income (tax benefit)		(1,823	)		1,294
Net loss	$	(24,314	)	$	(35,970	)
Net comprehensive loss	$	(24,314	)	$	(35,970	)
Basic and diluted net loss per Class A ordinary share	$	(0.81	)	$	(3.01	)
Weighted average number of ordinary shares used in computing basic and diluted net loss per share		30,043,892			11,934,325

REE AUTOMOTIVE LTD.Condensed Consolidated Balance SheetsU.S. dollars in thousands (except share and per share data) (Unaudited)
	June30,2025			December31,2024
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	54,668		$	72,262
Accounts receivable		53			11
Inventory		—			3,075
Other accounts receivable and prepaid expenses		6,404			7,158
Total current assets		61,125			82,506
NON-CURRENT ASSETS:
Non-current restricted cash		1,998			2,510
Other accounts receivable and prepaid expenses		2,421			3,091
Operating lease right-of-use assets		16,863			20,063
Property and equipment, net		7,135			22,110
Total non-current assets		28,417			47,774
TOTAL ASSETS	$	89,542		$	130,280
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Short term loan	$	18,004		$	18,008
Trade payables		2,429			5,602
Other accounts payable and accrued expenses		10,538			7,966
Operating lease liabilities		4,184			4,607
Total current liabilities		35,155			36,183
NON-CURRENT LIABILITIES:
Warrants liability		2,611			41,150
Convertible promissory notes		3,841			14,758
Deferred tax liability		—			1,782
Operating lease liabilities		11,986			13,279
Total non-current liabilities		18,438			70,969
TOTAL LIABILITIES		53,593			107,152
SHAREHOLDERS’ EQUITY:
Ordinary shares of no par value		—			—
Additional paid-in capital		1,008,153			971,018
Accumulated deficit		(972,204	)		(947,890	)
Total shareholders’ equity		35,949			23,128
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	89,542		$	130,280

REE AUTOMOTIVE LTD.Condensed Consolidated Statements of Cash FlowsU.S. dollars in thousands (Unaudited)
	Six Months Ended
	June 30,2025			June 30,2024
Cash flows from operating activities:
Net loss	$	(24,314	)	$	(35,970	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation		2,000			1,608
Share-based compensation		2,773			5,638
Change in fair value of warrants liability		(38,539	)		(1,880	)
Change in fair value of derivative liability		(11,787	)		(1,448	)
Amortization of discount of convertible promissory note		407			224
Interest expenses		459			433
Impairment of long-lived assets		20,080			—
Decrease in accrued interest on short-term investments		—			168
Decrease (increase) in inventory		3,075			(1,585	)
Decrease (increase) in accounts receivable		(42	)		455
Increase in other accounts receivable and prepaid expenses		(479	)		(4,829	)
Change in operating lease right-of-use assets and liabilities, net		1,156			449
Increase (decrease) in trade payables		(3,432	)		506
Increase (decrease) in other accounts payable and accrued expenses		2,572			(2,237	)
Increase (decrease) in deferred tax liability		(1,782	)		436
Net cash used in operating activities		(47,853	)		(38,032	)
Cash flows from investing activities:
Purchase of property and equipment		(4,615	)		(1,916	)
Proceeds from short-term investments		—			20,000
Net cash provided by (used in) investing activities		(4,615	)		18,084
Cash flows from financing activities:
Proceeds from issuance of Ordinary shares, net		34,361			14,463
Proceeds from exercise of options and warrants		1			—
Repayment of short term loan		(18,000	)		(15,000	)
Proceeds from short term loan		18,000			15,000
Net cash provided by financing activities		34,362			14,463
Decrease in cash, cash equivalents and restricted cash		(18,106	)		(5,485	)
Cash, cash equivalents and restricted cash at beginning of year		74,772			44,240
Cash, cash equivalents and restricted cash at end of period	$	56,666		$	38,755

Reconciliation of GAAP Financial Metrics to Non-GAAPU.S. dollars in thousands (except share and per share data) (Unaudited)Reconciliation of Net Loss to Adjusted EBITDA
	Six Months Ended
	Jun 30,2025			Jun 30,2024
Net loss on a GAAP Basis	$	(24,314	)	$	(35,970	)
Financial income, net		(11,289	)		(2,261	)
Taxes on income (tax benefit)		(1,823	)		1,294
Income from warrants remeasurement		(38,539	)		(1,880	)
Depreciation, amortization and accretion		4,211			3,273
Share-based compensation		2,773			5,638
Inventory write-downs and non-recurring expenses related to pause in production (1)		13,390			—
Impairment of long-lived assets (2)		20,080			—
Non-recurring expenses related to reduction-in-force (3)		1,886			—
Adjusted EBITDA	$	(33,625	)	$	(29,906	)

(1)   Includes inventory write-downs to net realizable value and write-offs of inventory that currently has no operational use and one-time costs related to the pause in production.(2)  Impairment charges of long-lived assets.(3)  Includes one-time expenses related to reduction-in-force plan.

Reconciliation of net cash used in operating activities to Free Cash Flow
	Six Months Ended
	Jun 30,2025			Jun 30,2024
Net cash used in operating activities	$	(47,853	)	$	(38,032	)
Purchase of property and equipment		(4,615	)		(1,916	)
Free Cash Flow	$	(52,468	)	$	(39,948	)

Reconciliation of GAAP operating expenses to Non-GAAP operating expenses; GAAP net loss to Non-GAAP net loss, and presentation of Non-GAAP net loss per Share, basic and diluted:
	Six Months Ended
	Jun 30,2025			Jun 30,2024
GAAP operating expenses	$	61,645		$	37,522
Share-based compensation		(2,773	)		(5,638	)
Impairment of long-lived assets (2)		(20,080	)		—
Non-recurring expenses related to reduction-in-force (3)		(1,886	)		—
Non-GAAP operating expenses	$	36,906		$	31,884
GAAP net loss	$	(24,314	)	$	(35,970	)
Income from warrants remeasurement		(38,539	)		(1,880	)
Income from derivatives remeasurement		(11,787	)		(1,448	)
Share-based compensation		2,773			5,638
Inventory write-downs and non-recurring expenses related to pause in production (1)		13,390			—
Impairment of long-lived assets (2)		20,080			—
Non-recurring expenses related to reduction-in-force (3)		1,886			—
Non-GAAP net loss	$	(36,511	)	$	(33,660	)
Weighted average number of ordinary shares used in computing basic and diluted net loss per share		30,043,892			11,934,325
Non-GAAP basic and diluted net loss per share	$	(1.22	)	$	(2.82	)

(1)  Includes inventory write-downs to net realizable value and write-offs of inventory that currently has no operational use and one-time costs related to the pause in production.(2)  Impairment charges of long-lived assets.(3)  Includes one-time expenses related to reduction-in-force plan.

As the Australian market approaches the holiday season, it is witnessing a slight downturn, with the ASX experiencing a 0.2% drop amidst profit-taking activities and early closures for Christmas. Despite this lull, small-cap stocks continue to capture interest due to their potential for growth in sectors like precious metals and defense technologies. In this context, identifying undervalued companies with strong fundamentals and innovative strategies can offer promising opportunities for investors seeking to uncover hidden gems in Australia’s vibrant market landscape.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Joyce	NA	9.93%	17.54%	★★★★★★
Hearts and Minds Investments	NA	56.27%	59.19%	★★★★★★
Spheria Emerging Companies	NA	-1.31%	0.28%	★★★★★★
Euroz Hartleys Group	NA	1.82%	-25.32%	★★★★★★
Argosy Minerals	NA	-12.81%	-19.89%	★★★★★★
Focus Minerals	NA	75.35%	51.34%	★★★★★★
Energy World	NA	-47.50%	-44.86%	★★★★★☆
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 59 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Australian United Investment

Simply Wall St Value Rating: ★★★★☆☆

Overview: Australian United Investment Company Limited is a publicly owned investment manager with a market cap of A$1.41 billion.

Operations: The company generates revenue primarily from investments, amounting to A$57 million. It has a market cap of approximately A$1.41 billion.

Australian United Investment (AUI) showcases a strong financial foundation with its net debt to equity ratio at a satisfactory 1.5%, reflecting prudent financial management. Over the past five years, AUI has reduced its debt to equity from 9.1% to 1.9%, indicating effective debt reduction strategies. The company’s high-quality earnings are complemented by robust interest coverage, with EBIT covering interest payments 22.8 times over, ensuring financial stability and resilience in challenging market conditions. Despite a modest annual earnings growth of 4.6% over the last five years, AUI remains profitable with positive free cash flow and no immediate cash runway concerns.

• Click here and access our complete health analysis report to understand the dynamics of Australian United Investment.

• Assess Australian United Investment’s past performance with our detailed historical performance reports.

ASX:AUI Debt to Equity as at Dec 2025Fiducian Group

Simply Wall St Value Rating: ★★★★★★

Overview: Fiducian Group Ltd operates in Australia offering a range of financial services through its subsidiaries and has a market cap of approximately A$378.81 million.

Operations: The company’s primary revenue streams include financial planning (A$29.66 million), funds management (A$25.59 million), corporate services (A$17.67 million), and platform administration (A$16.45 million).

Fiducian Group, a nimble player in the financial landscape, stands out with its debt-free status over the past five years. This lack of debt removes any concerns about interest coverage and highlights its robust financial health. The company has demonstrated impressive earnings growth of 23.5% over the last year, significantly outpacing the broader Capital Markets industry growth of 6%. With high-quality earnings and a favorable price-to-earnings ratio of 20.4x compared to the Australian market’s 21.7x, Fiducian seems well-positioned for continued success in its sector.

• Unlock comprehensive insights into our analysis of Fiducian Group stock in this health report.

• Gain insights into Fiducian Group’s historical performance by reviewing our past performance report.

ASX:FID Debt to Equity as at Dec 2025Omni Bridgeway

Simply Wall St Value Rating: ★★★★★☆

Overview: Omni Bridgeway Limited operates as a global provider of dispute and litigation finance services across multiple regions including Australia, the United States, and Europe, with a market capitalization of A$432.40 million.

Operations: Omni Bridgeway generates revenue primarily from funding and providing services related to legal dispute resolution, amounting to A$87.77 million.

Omni Bridgeway, a promising player in the Australian market, recently turned profitable, making it stand out in the financial sector. The company’s price-to-earnings ratio of 1.2x positions it attractively against the broader Australian market at 21.7x. Despite a forecasted earnings decline averaging 148% annually over three years, revenue is expected to grow by nearly 24% per year. Omni Bridgeway’s debt management shines with a reduction in its debt-to-equity ratio from 18.7% to just 2.3% over five years and having more cash than total debt ensures financial stability moving forward into potential growth opportunities.

• Click to explore a detailed breakdown of our findings in Omni Bridgeway’s health report.

• Learn about Omni Bridgeway’s historical performance.

ASX:OBL Earnings and Revenue Growth as at Dec 2025Seize The Opportunity

• Reveal the 59 hidden gems among our ASX Undiscovered Gems With Strong Fundamentals screener with a single click here.

• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.

• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Ready For A Different Approach?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:AUI ASX:FID and ASX:OBL.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC / ACCESS Newswire / December 30, 2025 / Stillwater Critical Minerals Corp. (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company", or "Stillwater") is pleased to announce the closing of its previously announced "bought deal" private placement (the "Offering") for gross proceeds of C$17,000,220, which includes the exercise in full of an over-allotment option. Pursuant to the Offering, the Company sold 36,957,000 units of the Company (each, a "Unit") at a price of C$0.46 per Unit (the "Offering Price"). Under the Offering, Red Cloud Securities Inc. acted as co-lead underwriter and sole bookrunner along with Research Capital Corporation (collectively, the "Underwriters") as co-lead underwriter.

Each Unit consists of one common share of the Company (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share (a "Warrant Share") at a price of C$0.64 at any time on or before December 30, 2028.

The Company intends to use the net proceeds of the Offering for the exploration and advancement of the Company's flagship Stillwater West Ni-PGE-Cu-Co+Au project in the Stillwater mining district in Montana, U.S., as well as for general corporate purposes and working capital, as is more fully described in the Amended Offering Document (as defined herein).

In accordance with National Instrument 45-106 – Prospectus Exemptions ("NI 45-106"), the Units were issued to Canadian purchasers pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The Common Shares and the Warrant Shares underlying the Units are immediately freely tradeable in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Units were also sold to purchasers in offshore jurisdictions and in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended(the "U.S. Securities Act"). All securities not issued pursuant to the Listed Issuer Financing Exemption are subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the issue date.

"As a result of strong support demonstrated in this placement, we are ending 2025 with funds in place for a robust 2026 season" said Michael Rowley, President and CEO. "We look forward to near-term catalysts including drill results and updates on government initiatives as well as the planned update to our mineral resource estimate as we advance Stillwater West as a primary source of ten minerals designated as critical in the U.S."

As consideration for their services in the Offering, the Underwriters received aggregate cash fees of C$987,114 and 2,145,900 non-transferable common share purchase warrants (the "Broker Warrants"). Each Broker Warrant is exercisable into one Common Share at the Offering Price for a period of thirty-six (36) months from the date of issuance. The Broker Warrants are subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the issue date, being May 1, 2026.

There is an amended and restated offering document (the "Amended Offering Document") related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.criticalminerals.com.

The closing of the Offering remains subject to the final approval of the TSX Venture Exchange (the "TSXV").

The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.About Stillwater Critical Minerals Corp.

Stillwater Critical Minerals (TSX.V: PGE | OTCQB: PGEZF | FSE: J0G) is a mineral exploration and development company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in Montana, USA. With the addition of two renowned Bushveld and Platreef geologists to the team and strategic investments by Glencore plc, the Company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group, nickel, and other metals by neighboring Sibanye-Stillwater. An expanded NI 43-101 mineral resource estimate, released January 2023, positions Stillwater West with the largest nickel resource in an active U.S. mining district as part of a compelling suite of ten minerals now listed as critical in the USA.

Stillwater also holds a 49% interest in the high-grade Drayton-Black Lake-gold project adjacent to Nexgold

Mining's development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory. The Company also holds the Duke Island Cu-Ni-PGE property in Alaska and maintains a back-in right on the high-grade past-producing Yankee-Dundee in BC, following its sale in 2013.FOR FURTHER INFORMATION, PLEASE CONTACT:

Michael Rowley, President, CEO & Director – Stillwater Critical MineralsEmail: info@criticalminerals.com Phone: (604) 357 4790Web: http://criticalminerals.com Toll Free: (888) 432 0075Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements". In particular, this press release contains forward-looking information relating to, among other things, the Offering, the intended use of proceeds of the Offering and the receipt of final approval of the Offering from the TSXV. All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Stillwater Critical Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Stillwater Critical Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedarplus.ca.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Stillwater Critical Minerals

View the original press release on ACCESS Newswire

As the Canadian market navigates a complex landscape of sector-specific opportunities, investors are advised to focus on diversification, particularly within the energy, industrials, and materials sectors. In this context, penny stocks—often seen as relics of past market eras—continue to hold potential for growth and affordability when backed by strong financial health. This article explores several promising penny stocks on the TSX that combine balance sheet strength with long-term potential.

Top 10 Penny Stocks In Canada

Name	Share Price	Market Cap	Financial Health Rating
Westbridge Renewable Energy (TSXV:WEB)	CA$2.17	CA$54.35M	★★★★★★
Canso Select Opportunities (TSXV:CSOC.A)	CA$4.75	CA$21.97M	★★★★★★
Sailfish Royalty (TSXV:FISH)	CA$3.25	CA$247.83M	★★★★★★
Zoomd Technologies (TSXV:ZOMD)	CA$1.18	CA$115.41M	★★★★★★
Montero Mining and Exploration (TSXV:MON)	CA$0.415	CA$3.47M	★★★★★★
CEMATRIX (TSX:CEMX)	CA$0.345	CA$50.24M	★★★★★★
Thor Explorations (TSXV:THX)	CA$1.29	CA$858.23M	★★★★★★
Automotive Finco (TSXV:AFCC.H)	CA$1.20	CA$23.19M	★★★★★★
Pulse Seismic (TSX:PSD)	CA$3.28	CA$166.37M	★★★★★★
Hemisphere Energy (TSXV:HME)	CA$1.96	CA$186.41M	★★★★★★

Click here to see the full list of 388 stocks from our TSX Penny Stocks screener.

Here’s a peek at a few of the choices from the screener.

Kenorland Minerals

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Kenorland Minerals Ltd. focuses on acquiring and exploring mineral properties in North America, with a market cap of CA$207.54 million.

Operations: The company generates revenue through the exploration of mineral properties, amounting to CA$3.43 million.

Market Cap: CA$207.54M

Kenorland Minerals Ltd., with a market cap of CA$207.54 million, remains pre-revenue despite generating CA$3.43 million in revenue from mineral exploration activities. The company is debt-free and benefits from an experienced management team with an average tenure of 3.9 years. Recent announcements highlight the maiden Inferred Mineral Resource at the Regnault gold deposit, part of the Frotet Project in Quebec, revealing 2.55 Moz of gold with significant expansion potential due to low discovery costs and extensive high-grade mineralization beyond current resource boundaries. Kenorland’s strategic partnerships and exploration initiatives suggest potential for future growth within its projects across North America.

• Navigate through the intricacies of Kenorland Minerals with our comprehensive balance sheet health report here.
• Examine Kenorland Minerals’ past performance report to understand how it has performed in prior years.

TSXV:KLD Debt to Equity History and Analysis as at Dec 2025Lara Exploration

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Lara Exploration Ltd. engages in the acquisition, exploration, development, and evaluation of mineral properties in Brazil, Peru, and Chile with a market cap of CA$116.62 million.

Operations: Lara Exploration Ltd. has not reported any specific revenue segments.

Market Cap: CA$116.62M

Lara Exploration Ltd., with a market cap of CA$116.62 million, remains pre-revenue and operates without debt, supported by an experienced management team. Recent developments include the Preliminary Economic Assessment (PEA) for its Planalto Copper-Gold Project in Brazil, projecting significant copper and gold production over an 18-year mine life. The PEA suggests promising economic indicators like a net present value of US$378 million but hinges on future metal prices and successful conversion of mineral resources to reserves. Despite current losses, Lara’s strategic location within Brazil’s well-supported mining district offers potential advantages in project development and operation efficiency.

• Jump into the full analysis health report here for a deeper understanding of Lara Exploration.
• Gain insights into Lara Exploration’s historical outcomes by reviewing our past performance report.

TSXV:LRA Financial Position Analysis as at Dec 2025Viva Gold

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Viva Gold Corp. is involved in the acquisition, exploration, and development of precious metal properties in the United States with a market cap of CA$27.65 million.

Operations: Viva Gold Corp. has not reported any revenue segments.

Market Cap: CA$27.65M

Viva Gold Corp., with a market cap of CA$27.65 million, is pre-revenue and operates debt-free, supported by an experienced management team with an average tenure of 8.1 years. Recent activities include a non-brokered private placement to raise up to CA$3 million, potentially enhancing its cash runway beyond the current five months based on free cash flow estimates. The company’s board is seasoned, and short-term assets exceed both short- and long-term liabilities, indicating sound financial positioning despite unprofitability and negative return on equity due to lack of revenue-generating operations at this stage.

• Click to explore a detailed breakdown of our findings in Viva Gold’s financial health report.
• Understand Viva Gold’s track record by examining our performance history report.

TSXV:VAU Financial Position Analysis as at Dec 2025Seize The Opportunity

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This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TSXV:KLD TSXV:LRA and TSXV:VAU.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.

Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.

What if you'd invested in Southern Copper (SCCO) ten years ago? It may not have been easy to hold on to SCCO for all that time, but if you did, how much would your investment be worth today?

Southern Copper's Business In-Depth

With that in mind, let's take a look at Southern Copper's main business drivers.

Phoenix, AZ-based Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals. The company conducts exploration activities in Argentina, Chile, Ecuador, Mexico and Peru.Southern Copper has the largest copper reserves in the industry and operates high-quality, world-class assets in investment grade countries, such as Mexico and Peru. Southern Copper reports results under three reportable segments. Each consist of a groups of mines with similar economic characteristics, type of products, processes and support facilities, regulatory environments as well as employee bargaining contracts.Peruvian operations (around 36% of the company's revenues) includes the Toquepala and Cuajone mine complexes and the smelting and refining plants, industrial railroad and port facilities that service both mines. The Peruvian operations produce copper, with significant by-product production of molybdenum, silver and other materials.Mexican Open-Pit (58% of revenues) includes La Caridad and Buenavista mine complexes, the smelting and refining plants and support facilities, which service both mines. The Mexican open pit operations produce copper, with significant by-product production of molybdenum, silver and other materials.Mexican underground operations (6% of revenues) (IMMSA unit) includes five underground mines that produce zinc, lead, copper, silver and gold, a coal mine which produces coal and coke, and several industrial processing facilities for zinc, copper and silver. The geographic breakdown of the company’s sales is as follows – Americas (50% of revenues), Europe (32%) and Asia (18%).Approximately 80% of the company’s revenue come from the sale of copper, 6% from molybdenum and 10% from silver and zinc. Bottom Line

While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Southern Copper ten years ago, you're probably feeling pretty good about your investment today.

According to our calculations, a $1000 investment made in December 2015 would be worth $5,614.09, or a gain of 461.41%, as of December 29, 2025, and this return excludes dividends but includes price increases.

Compare this to the S&P 500's rally of 236.24% and gold's return of 307.77% over the same time frame.

Looking ahead, analysts are expecting more upside for SCCO.

Southern Copper's performance is set to benefit from ongoing strength in metal prices. Increased output of silver, zinc and molybdenum is expected to largely offset a modest decline in copper production, although elevated operating costs remain a concern. Copper demand continues to be robust, supported by U.S. infrastructure spending and the global shift toward clean energy. An anticipated supply deficit should provide additional price support. The recent designation of copper and silver as critical minerals further highlights their strategic importance. Backed by extensive copper reserves and more than $15 billion in investments across Peru and Mexico over the decade, Southern Copper is well positioned for long-term growth. Its initiatives to reduce debt are also encouraging. The earnings estimates for the company have moved up lately.

Over the past four weeks, shares have rallied 10.94%, and there have been 2 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well.

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Southern Copper Corporation (SCCO) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

We recently published Big Winners: 10 Stocks Refusing to take a Holiday. Freeport-McMoRan Inc. (NYSE:FCX) is one of the last week's best performers.

Freeport-McMoran jumped by 7.9 percent week-on-week, as investors gobbled up shares in copper producers after the metal cracked past a new record high of $12,000 during the week.

On Friday alone, Freeport-McMoRan Inc. (NYSE:FCX) registered a nine-day winning streak, mirroring the benchmark three-month copper prices on the London Metal Exchange after surging to $12,282 per ton.

The rally was primarily triggered by tight global supply, coupled with strong demand from various industries, as well as the ongoing tariff uncertainties in the US.

Further buoying sentiment was Wells Fargo’s ice target upgrade for Freeport-McMoRan Inc. (NYSE:FCX) to $55 from $47 previously, while maintaining its “overweight” rating for its stock.

Wells Fargo said that the coverage was based on expectations that copper inventories would remain tight amid lingering concerns that the US would slap another round of tariffs on refined copper products, further pushing industries to stock up on supply.

Freeport-McMoRan Inc. (NYSE:FCX) is one of the leading copper producers globally. It operates various mines in North and South America, as well as the Grasberg site in Indonesia—one of the largest copper mines in the world.

In the third quarter of the year, the company grew its net income attributable to shareholders by 28 percent to $674 million from $526 million in the same period last year. Revenues inched up by 2.68 percent to $6.97 billion from $6.79 billion year-on-year.

While we acknowledge the potential of FCX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

Over the past year, many Freeport-McMoRan Inc. (NYSE:FCX) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

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The Last 12 Months Of Insider Transactions At Freeport-McMoRan

The Executive VP & Chief Administrative Officer, Stephen Higgins, made the biggest insider sale in the last 12 months. That single transaction was for US$1.4m worth of shares at a price of US$47.99 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$53.04. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was only 23% of Stephen Higgins's holding.

Freeport-McMoRan insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Freeport-McMoRan

NYSE:FCX Insider Trading Volume December 29th 2025

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insiders At Freeport-McMoRan Have Sold Stock Recently

The last three months saw significant insider selling at Freeport-McMoRan. In total, insiders dumped US$1.8m worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.

Insider Ownership Of Freeport-McMoRan

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Freeport-McMoRan insiders own about US$323m worth of shares (which is 0.4% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Freeport-McMoRan Tell Us?

Insiders sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. But it is good to see that Freeport-McMoRan is growing earnings. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example – Freeport-McMoRan has 1 warning sign we think you should be aware of.

If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

A reversal in the recent rallies in technology stocks and precious metals was the main culprit in Monday’s stock market slide. The S&P 500 was down 0.3% on a day when roughly half the stocks in the index were trading higher.