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In this article, we discuss the 10 trending stocks on Reddit. If you want to skip our detailed analysis of these stocks, go directly to the 5 Trending Stocks on Reddit.

The finance world has been rocked in recent months by the dramatic influx of retail investors on the marketplace. According to a report by professional services firm Deloitte, the COVID-19 pandemic played a central part in this story, as more than 10 million Americans opened a brokerage account in 2020. In January 2021, at the height of a GameStop short squeeze saga, nearly six million Americans downloaded an online trading application. These retail investors strategize on social media platforms like Reddit.

Reddit forums have thus gained in importance around Wall Street and even hedge funds have started monitoring them to keep abreast of trending stocks. Data intelligence firm Morning Consult revealed in a report last year that individual investors were responsible for more than 20% of all stock trading last year, a value that has more than doubled when compared to ten years ago. The dynamics within the retail investor boom also make for interesting reading. A Charles Schwab survey claims that 50% of all new investors are millennials.

These investors favor pouring money into growth stocks. Some of the top trending stocks on Reddit include Apple Inc. (NASDAQ: AAPL), Advanced Micro Devices, Inc. (NASDAQ: AMD), Tesla, Inc. (NASDAQ: TSLA), and Chewy, Inc. (NYSE: CHWY), among others. Robinhood, the most popular stock trading application, has tens of millions of funded accounts, but smaller brokerage firms like Schwab, Vanguard, and Fidelity have also reported a dramatic increase in young users trading through their platforms.

There is little doubt that retail investors have transformed the financial landscape. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and July 2021 our monthly newsletter’s stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by more than 115 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

Image by Sergei Tokmakov Terms.Law from Pixabay

With this context in mind, here is our list of the 10 trending stocks on Reddit. They were picked keeping in mind the hype around the companies on Reddit forum WallStreetBets.

The hedge fund sentiment around the stocks was gauged using data of 873 hedge funds tracked by Insider Monkey. The list is compiled according to the hedge fund holders in each stock.

The analyst ratings of the companies and their basic business fundamentals are also discussed to provide readers with some more context for their investment decisions.

Trending Stocks on Reddit

10. Tattooed Chef, Inc. (NASDAQ: TTCF)

Number of Hedge Fund Holders: 7

Tattooed Chef, Inc. (NASDAQ: TTCF) is placed tenth on our list of 10 trending stocks on Reddit. The firm markets plant-based foods and operates from California.

In earnings results for the second quarter, posted on August 12, Tattooed Chef, Inc. (NASDAQ: TTCF) reported a revenue of more than $50 million, up close to 46% compared to the revenue over the same period last year.

At the end of the second quarter of 2021, 7 hedge funds in the database of Insider Monkey held stakes worth $38 million in Tattooed Chef, Inc. (NASDAQ: TTCF), down from 10 in the preceding quarter worth $58 million.

Just like Apple Inc. (NASDAQ: AAPL), Advanced Micro Devices, Inc. (NASDAQ: AMD), Tesla, Inc. (NASDAQ: TSLA), and Chewy, Inc. (NYSE: CHWY), Tattooed Chef, Inc. (NASDAQ: TTCF) is gaining in popularity on Reddit forums.

9. Lithium Americas Corp. (NYSE: LAC)

Number of Hedge Fund Holders: 9

Lithium Americas Corp. (NYSE: LAC) is ranked ninth on our list of 10 trending stocks on Reddit. The firm operates as a resource company and is headquartered in Canada.

On August 30, investment advisory Cowen maintained an Outperform rating on Lithium Americas Corp. (NYSE: LAC) stock and raised the price target to $19 from $17, noting the high pricing of lithium products as a major growth catalyst for the firm.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Axel Capital Management is a leading shareholder in Lithium Americas Corp. (NYSE: LAC) with 408,130 shares worth more than $6 million.

Alongside Apple Inc. (NASDAQ: AAPL), Advanced Micro Devices, Inc. (NASDAQ: AMD), Tesla, Inc. (NASDAQ: TSLA), and Chewy, Inc. (NYSE: CHWY), Lithium Americas Corp. (NYSE: LAC) is also occupying retail investor interest on Reddit forums.

In its Q1 2021 investor letter, Massif Capital, an asset management firm, highlighted a few stocks and Lithium Americas Corp. (NYSE: LAC) was one of them. Here is what the fund said:

“Lithium Americas: The volatility noted above in LAC has resulted in solid returns via our options trades around our core equity position. At the current time, we are short calls on LAC, as we have done multiple times throughout the position’s life, expiring on May 21, 2021, at a $17.5 and $22.5 strike price. The volume of contracts sold at each strike corresponds to the size of the equity position we want should the calls expire in the money, and the underlying equity gets called away from us. The thought process behind this trade construction is that if we know the size of the position we want at a particular price point, there is no reason not to accumulate additional returns by pre-selling the stock we would have sold anyway.

High levels of volatility positively impact the price of options, increasing the premium we can earn from selling covered calls. To date, we have sold covered calls on LAC that have expired worthless four times, yielding a roughly 7% return on the equity position’s current value or 71bps for the portfolio overall. The outstanding covered calls appear to be trending towards a similar worthless expiration. If they do, the covered call trades on LAC will result in us owning the shares with committed capital of -$0.28 per share.

Although we believe in the fullness of time LAC warrants a $30+ valuation, the prices achieved in early January of this year were not justified by the underlying fundamentals. Some will argue we should have sold down our position. We had already established our option positions and believe LAC is an emerging major in the lithium mining industry. Thus, we decided to maintain the position unchanged. Although still relatively high, the current $15 per share valuation is not crazy compared to where we think the firm should be trading based on fundamentals, so we are no longer overly concerned with the position as is.

LAC management also took advantage of the volatility issuing stock on January 22 for $22 a share. The ~$400 million in proceeds will be used to develop Thacker Pass, the US-based clay lithium deposit, which will likely be the largest producing Lithium mine in America when turned on. In our opinion, the stock issuance could not have come at a better time. LAC management has advanced the project through various development stages (de-risking), but with the share issuance, they have significantly reduced the need to bring in an outside partner to develop the asset as the first phase of the project is expected to cost roughly $581 million. After-tax and at an 8% discount rate, the Thacker Pass project’s present value is approximately $2.6 billion (the firm’s current market capitalization is $1.5 billion). Although the share issuance was dilutive, increasing the total shares by 17%, we believe it will, in the long run, prove a forward-looking, value-additive decision by management.

The lithium market remains an area of interest and focus for us. This reflects our belief that the most exciting investment opportunities to capture secular trends in EV’s and batteries are found upstream in the mining industry. It is also a reflection that there is a greater diversity of lithium investment opportunities relative to other battery metals.”

8. McAfee Corp. (NASDAQ: MCFE)

Number of Hedge Fund Holders: 18

McAfee Corp. (NASDAQ: MCFE) is a California-based integrated security solutions provider. It is placed eighth on our list of 10 trending stocks on Reddit.

On June 17, investment advisory Mizuho kept a Buy rating on McAfee Corp. (NASDAQ: MCFE) stock and raised the price target to $30 from $28, citing appreciation of comp multiples as the reason behind the ratings update.

At the end of the second quarter of 2021, 18 hedge funds in the database of Insider Monkey held stakes worth $125 million in McAfee Corp. (NASDAQ: MCFE), up from 17 in the previous quarter worth $174 million.

In addition to Apple Inc. (NASDAQ: AAPL), Advanced Micro Devices, Inc. (NASDAQ: AMD), Tesla, Inc. (NASDAQ: TSLA), and Chewy, Inc. (NYSE: CHWY), McAfee Corp. (NASDAQ: MCFE) has been one of the most hyped stocks on Reddit in recent weeks.

7. SmileDirectClub, Inc. (NASDAQ: SDC)

Number of Hedge Fund Holders: 19

SmileDirectClub, Inc. (NASDAQ: SDC) is a Tennessee-based oral care company. It is ranked seventh on our list of 10 trending stocks on Reddit.

On August 5, investment advisory Credit Suisse assumed coverage of SmileDirectClub, Inc. (NASDAQ: SDC) stock with an Outperform rating and a price target of $11. Vik Chopra, an analyst at the firm, issued the ratings update.

At the end of the second quarter of 2021, 19 hedge funds in the database of Insider Monkey held stakes worth $135 million in SmileDirectClub, Inc. (NASDAQ: SDC), down from 21 in the preceding quarter worth $177 million.

Apple Inc. (NASDAQ: AAPL), Advanced Micro Devices, Inc. (NASDAQ: AMD), Tesla, Inc. (NASDAQ: TSLA), and Chewy, Inc. (NYSE: CHWY) are some of the trending stocks on Reddit, along with SmileDirectClub, Inc. (NASDAQ: SDC).

6. DTE Energy Company (NYSE: DTE)

Number of Hedge Fund Holders: 32

DTE Energy Company (NYSE: DTE) is placed sixth on our list of 10 trending stocks on Reddit. The firm generates and distributes electricity. It is headquartered in Michigan.

On August 5 investment advisory Mizuho maintained a Buy rating on DTE Energy Company (NYSE: DTE) stock and raised the price target to $126 from $123, appreciating the earnings results of the company for the second quarter of 2021.

At the end of the second quarter of 2021, 32 hedge funds in the database of Insider Monkey held stakes worth $469 million in DTE Energy Company (NYSE: DTE), up from 26 in the preceding quarter worth $205 million.

Apple Inc. (NASDAQ: AAPL), Advanced Micro Devices, Inc. (NASDAQ: AMD), Tesla, Inc. (NASDAQ: TSLA), and Chewy, Inc. (NYSE: CHWY) are trending on Reddit, just like DTE Energy Company (NYSE: DTE).

Click to continue reading and see 5 Trending Stocks on Reddit.

How Long Is Encounter Resources' Cash Runway?

A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. In December 2020, Encounter Resources had AU$7.6m in cash, and was debt-free. In the last year, its cash burn was AU$4.2m. So it had a cash runway of approximately 22 months from December 2020. That's not too bad, but it's fair to say the end of the cash runway is in sight, unless cash burn reduces drastically. The image below shows how its cash balance has been changing over the last few years.

How Is Encounter Resources' Cash Burn Changing Over Time?

While Encounter Resources did record statutory revenue of AU$180k over the last year, it didn't have any revenue from operations. That means we consider it a pre-revenue business, and we will focus our growth analysis on cash burn, for now. Over the last year its cash burn actually increased by 27%, which suggests that management are increasing investment in future growth, but not too quickly. That's not necessarily a bad thing, but investors should be mindful of the fact that will shorten the cash runway. Admittedly, we're a bit cautious of Encounter Resources due to its lack of significant operating revenues. We prefer most of the stocks on this list of stocks that analysts expect to grow.

How Hard Would It Be For Encounter Resources To Raise More Cash For Growth?

Given its cash burn trajectory, Encounter Resources shareholders may wish to consider how easily it could raise more cash, despite its solid cash runway. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. One of the main advantages held by publicly listed companies is that they can sell shares to investors to raise cash and fund growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn.

Encounter Resources' cash burn of AU$4.2m is about 5.3% of its AU$79m market capitalisation. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan.

Is Encounter Resources' Cash Burn A Worry?

On this analysis of Encounter Resources' cash burn, we think its cash burn relative to its market cap was reassuring, while its increasing cash burn has us a bit worried. Based on the factors mentioned in this article, we think its cash burn situation warrants some attention from shareholders, but we don't think they should be worried. On another note, Encounter Resources has 5 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

If you would prefer to check out another company with better fundamentals, then do not miss this free list of interesting companies, that have HIGH return on equity and low debt or this list of stocks which are all forecast to grow.

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.

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

The big shareholder groups in Sociedad Química y Minera de Chile S.A. (NYSE:SQM) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. We also tend to see lower insider ownership in companies that were previously publicly owned.

With a market capitalization of US$15b, Sociedad Química y Minera de Chile is rather large. We'd expect to see institutional investors on the register. Companies of this size are usually well known to retail investors, too. Taking a look at our data on the ownership groups (below), it seems that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about Sociedad Química y Minera de Chile.

View our latest analysis for Sociedad Química y Minera de Chile

What Does The Institutional Ownership Tell Us About Sociedad Química y Minera de Chile?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

We can see that Sociedad Química y Minera de Chile does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Sociedad Química y Minera de Chile's historic earnings and revenue below, but keep in mind there's always more to the story.

Hedge funds don't have many shares in Sociedad Química y Minera de Chile. Tianqi Lithium Corporation is currently the company's largest shareholder with 50% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 4.4% of common stock, and FMR LLC holds about 2.0% of the company stock.

A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 54% stake.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

Insider Ownership Of Sociedad Química y Minera de Chile

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our data cannot confirm that board members are holding shares personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.

General Public Ownership

With a 22% ownership, the general public have some degree of sway over Sociedad Química y Minera de Chile. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Public Company Ownership

It appears to us that public companies own 50% of Sociedad Química y Minera de Chile. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Sociedad Química y Minera de Chile better, we need to consider many other factors. Be aware that Sociedad Química y Minera de Chile is showing 2 warning signs in our investment analysis , and 1 of those makes us a bit uncomfortable…

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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

The Mosaic Company MOS recently announced that its North American phosphate operations are expected to be negatively impacted by the damage caused by Hurricane Ida.

The company apprehends that wind damage to the Faustina and Uncle Sam facilities from the storm will cause a decline in production as repairs are expected to be finished over the next 8 to 9 weeks.

Compared with historical averages, production in the third quarter is anticipated to decline by roughly 300,000 tons. Fourth-quarter operating rates are projected to improve sequentially, but production may still be down from historical averages, Mosaic noted. The projection also includes estimates of production loss from an August equipment failure at the company's New Wales facility in Florida.

Mosaic intends to provide an update, including estimated financial impacts of the hurricane, when it reports third-quarter results.

The hurricane also led to navigational issues on the Mississippi River, which may result in congestion during the busy fall application season and might create logistical risks for the company's production.

Shares of Mosaic have gained 73.5% in the past year compared with 51.8% rise of the industry.

Image Source: Zacks Investment Research

Mosaic, in its last earnings call, stated that it expects strong agricultural trends to continue through the second half of 2021, driving demand for fertilizers. Grower economics remain attractive in most global growing regions on strong crop demand, affordable inputs and favorable weather, the company noted.

The company predicts $90-$100 per ton improvement in average realized price in the Phosphates segment sequentially in the third quarter. For the Potash segment, the company expects an improvement of $25-$35 per ton in average realized prices in the third quarter.

The Mosaic Company Price and Consensus

The Mosaic Company price-consensus-chart | The Mosaic Company Quote

Zacks Rank & Other Key Picks

Mosaic currently flaunts a Zacks Rank #1 (Strong Buy).

Some other top-ranked stocks in the basic materials space are Nucor Corporation NUE, Dow Inc. DOW and Cabot Corporation CBT.

Nucor has a projected earnings growth rate of around 478.7% for the current year. The company’s shares have soared 143.1% in a year. It currently sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Dow has an expected earnings growth rate of around 403% for the current year. The company’s shares have gained 27.9% in the past year. It currently flaunts a Zacks Rank #1.

Cabot has an expected earnings growth rate of around 138.5% for the current fiscal. The company’s shares have rallied 36.7% in the past year. It currently carries a Zacks Rank #2 (Buy).

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

Nucor Corporation (NUE) : Free Stock Analysis Report

Dow Inc. (DOW) : Free Stock Analysis Report

The Mosaic Company (MOS) : Free Stock Analysis Report

Cabot Corporation (CBT) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

If you want to know who really controls Paladin Energy Limited (ASX:PDN), then you'll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Companies that have been privatized tend to have low insider ownership.

With a market capitalization of AU$2.1b, Paladin Energy is a decent size, so it is probably on the radar of institutional investors. In the chart below, we can see that institutions are noticeable on the share registry. We can zoom in on the different ownership groups, to learn more about Paladin Energy.

See our latest analysis for Paladin Energy

What Does The Institutional Ownership Tell Us About Paladin Energy?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Paladin Energy already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Paladin Energy's historic earnings and revenue below, but keep in mind there's always more to the story.

Paladin Energy is not owned by hedge funds. Tembo Capital Management Limited is currently the company's largest shareholder with 9.8% of shares outstanding. In comparison, the second and third largest shareholders hold about 7.2% and 4.5% of the stock.

On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

Insider Ownership Of Paladin Energy

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

Our most recent data indicates that insiders own less than 1% of Paladin Energy Limited. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own AU$11m worth of shares. Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.

General Public Ownership

The general public holds a 49% stake in Paladin Energy. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Private Equity Ownership

With an ownership of 9.8%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example – Paladin Energy has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

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

Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Anglo American plc (LON:AAL), it sends a favourable message to the company's shareholders.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Anglo American

The Last 12 Months Of Insider Transactions At Anglo American

Over the last year, we can see that the biggest insider purchase was by insider James Rutherford for UK£144k worth of shares, at about UK£24.30 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£30.91. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Anglo American insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Anglo American insiders own about UK£109m worth of shares (which is 0.3% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Anglo American Insiders?

It doesn't really mean much that no insider has traded Anglo American shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like Anglo American insiders think the business has merit. While we like knowing 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. Our analysis shows 2 warning signs for Anglo American (1 is concerning!) and we strongly recommend you look at these before investing.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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, but not derivative transactions.

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

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.'

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in Fresnillo (LON:FRES). While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. In comparison, loss making companies act like a sponge for capital – but unlike such a sponge they do not always produce something when squeezed.

See our latest analysis for Fresnillo

Fresnillo's Earnings Per Share Are Growing.

As one of my mentors once told me, share price follows earnings per share (EPS). It's no surprise, then, that I like to invest in companies with EPS growth. Fresnillo managed to grow EPS by 8.3% per year, over three years. That growth rate is fairly good, assuming the company can keep it up.

I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats). Fresnillo shareholders can take confidence from the fact that EBIT margins are up from 16% to 35%, and revenue is growing. Ticking those two boxes is a good sign of growth, in my book.

You can take a look at the company's revenue and earnings growth trend, in the chart below. For finer detail, click on the image.

You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for Fresnillo's future profits.

Are Fresnillo Insiders Aligned With All Shareholders?

I always like to check up on CEO compensation, because I think that reasonable pay levels, around or below the median, can be a sign that shareholder interests are well considered. For companies with market capitalizations between US$4.0b and US$12b, like Fresnillo, the median CEO pay is around US$2.2m.

The Fresnillo CEO received total compensation of just US$939k in the year to . That looks like modest pay to me, and may hint at a certain respect for the interests of shareholders. CEO remuneration levels are not the most important metric for investors, but when the pay is modest, that does support enhanced alignment between the CEO and the ordinary shareholders. It can also be a sign of a culture of integrity, in a broader sense.

Does Fresnillo Deserve A Spot On Your Watchlist?

One important encouraging feature of Fresnillo is that it is growing profits. Not only that, but the CEO is paid quite reasonably, which makes me feel more trusting of the board of directors. So I do think the stock deserves further research, if not instant addition to your watchlist. It is worth noting though that we have found 2 warning signs for Fresnillo (1 shouldn't be ignored!) that you need to take into consideration.

Of course, you can do well (sometimes) buying stocks that are not growing earnings and do not have insiders buying shares. But as a growth investor I always like to check out companies that do have those features. You can access a free list of them here.

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

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

Just because a business does not make any money, does not mean that the stock will go down. By way of example, Azincourt Energy (CVE:AAZ) has seen its share price rise 150% over the last year, delighting many shareholders. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So notwithstanding the buoyant share price, we think it's well worth asking whether Azincourt Energy's cash burn is too risky. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.

Check out our latest analysis for Azincourt Energy

When Might Azincourt Energy Run Out Of Money?

A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. In June 2021, Azincourt Energy had CA$4.1m in cash, and was debt-free. Looking at the last year, the company burnt through CA$3.2m. That means it had a cash runway of around 15 months as of June 2021. While that cash runway isn't too concerning, sensible holders would be peering into the distance, and considering what happens if the company runs out of cash. The image below shows how its cash balance has been changing over the last few years.

How Is Azincourt Energy's Cash Burn Changing Over Time?

Because Azincourt Energy isn't currently generating revenue, we consider it an early-stage business. Nonetheless, we can still examine its cash burn trajectory as part of our assessment of its cash burn situation. With the cash burn rate up 19% in the last year, it seems that the company is ratcheting up investment in the business over time. That's not necessarily a bad thing, but investors should be mindful of the fact that will shorten the cash runway. Admittedly, we're a bit cautious of Azincourt Energy due to its lack of significant operating revenues. We prefer most of the stocks on this list of stocks that analysts expect to grow.

Can Azincourt Energy Raise More Cash Easily?

Given its cash burn trajectory, Azincourt Energy shareholders may wish to consider how easily it could raise more cash, despite its solid cash runway. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. Many companies end up issuing new shares to fund future growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn.

Azincourt Energy has a market capitalisation of CA$26m and burnt through CA$3.2m last year, which is 12% of the company's market value. As a result, we'd venture that the company could raise more cash for growth without much trouble, albeit at the cost of some dilution.

Is Azincourt Energy's Cash Burn A Worry?

Even though its increasing cash burn makes us a little nervous, we are compelled to mention that we thought Azincourt Energy's cash burn relative to its market cap was relatively promising. We don't think its cash burn is particularly problematic, but after considering the range of factors in this article, we do think shareholders should be monitoring how it changes over time. On another note, we conducted an in-depth investigation of the company, and identified 5 warning signs for Azincourt Energy (3 shouldn't be ignored!) that you should be aware of before investing here.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies insiders are buying, and this list of stocks growth stocks (according to analyst forecasts)

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

(Bloomberg) —

A unit of Guinea’s military seized power and suspended the constitution, destabilizing the West African nation that’s a key source of the raw material used to make aluminum.

The head of Guinea’s special forces, Colonel Mamady Doumbouya, announced the takeover on state television on Sunday and urged the armed forces to back him. The action was taken to address financial mismanagement and corruption in Guinea under President Alpha Conde, he said.

Rusal’s spokesman declined to comment on Sunday.

United Nations Secretary-General Antonio Guterres condemned the coup.

The military takeover in Guinea on Sunday came hours after heavy gunfire erupted near the presidential palace in the capital, Conakry, in the morning.

A former educator, Conde has increasingly cracked down on opponents as opposition against his rule has grown.

(Updates with aluminum price in fifth paragraph, analyst comment in sixth)

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

Endeavour Silver (TSE:EDR) has had a rough three months with its share price down 28%. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to Endeavour Silver's ROE today.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.

See our latest analysis for Endeavour Silver

How Do You Calculate Return On Equity?

Return on equity can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for Endeavour Silver is:

16% = US$39m ÷ US$240m (Based on the trailing twelve months to June 2021).

The 'return' is the profit over the last twelve months. Another way to think of that is that for every CA$1 worth of equity, the company was able to earn CA$0.16 in profit.

What Is The Relationship Between ROE And Earnings Growth?

So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

A Side By Side comparison of Endeavour Silver's Earnings Growth And 16% ROE

At first glance, Endeavour Silver seems to have a decent ROE. And on comparing with the industry, we found that the the average industry ROE is similar at 14%. This probably goes some way in explaining Endeavour Silver's significant 31% net income growth over the past five years amongst other factors. However, there could also be other drivers behind this growth. For instance, the company has a low payout ratio or is being managed efficiently.

We then performed a comparison between Endeavour Silver's net income growth with the industry, which revealed that the company's growth is similar to the average industry growth of 32% in the same period.

Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Endeavour Silver fairly valued compared to other companies? These 3 valuation measures might help you decide.

Is Endeavour Silver Using Its Retained Earnings Effectively?

Summary

In total, we are pretty happy with Endeavour Silver's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. Having said that, on studying current analyst estimates, we were concerned to see that while the company has grown its earnings in the past, analysts expect its earnings to shrink in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.

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

NEW YORK, NY / ACCESSWIRE / September 5, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

PLL Shareholders Click Here: https://www.zlk.com/pslra-1/piedmont-lithium-inc-loss-submission-form?prid=19376&wire=1
ARDX Shareholders Click Here: https://www.zlk.com/pslra-1/ardelyx-inc-loss-submission-form?prid=19376&wire=1
LIVE Shareholders Click Here: https://www.zlk.com/pslra-1/live-ventures-incorporated-loss-submission-form?prid=19376&wire=1

* ADDITIONAL INFORMATION BELOW *

Piedmont Lithium Inc. (NASDAQ:PLL)

PLL Lawsuit on behalf of: investors who purchased March 16, 2018 – July 19, 2021
Lead Plaintiff Deadline : September 21, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/piedmont-lithium-inc-loss-submission-form?prid=19376&wire=1

According to the filed complaint, during the class period, Piedmont Lithium Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Ardelyx, Inc. (NASDAQ:ARDX)

ARDX Lawsuit on behalf of: investors who purchased August 6, 2020 – July 19, 2021
Lead Plaintiff Deadline : September 28, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/ardelyx-inc-loss-submission-form?prid=19376&wire=1

According to the filed complaint, during the class period, Ardelyx, Inc. made materially false and/or misleading statements and/or failed to disclose that: 1) the Company overstated the likelihood that tenapanor would be approved by the Food and Drug Administration ("FDA"); and 2) Defendants possessed, were in control over, and as a result, knew that the data submitted to support the New Drug Application was insufficient in that it showed a lack of clinical relevance of the drug's treatment effect, making it foreseeably likely that the FDA would not approve the drug.

Live Ventures Incorporated (NASDAQ:LIVE)

LIVE Lawsuit on behalf of: investors who purchased December 28, 2016 – August 3, 2021
Lead Plaintiff Deadline : October 12, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/live-ventures-incorporated-loss-submission-form?prid=19376&wire=1

According to the filed complaint, during the class period, Live Ventures Incorporated made materially false and/or misleading statements and/or failed to disclose that: 1) Live's earnings per share for FY 2016 was actually only $6.33 per share; (2) the Company used an artificially low share count to boost the earnings per share by 40%; (3) Live had overstated pretax income for fiscal 2016 by 20% by including $915,500 of "other income" related to certain amendments that were not negotiated until after the close of the fiscal year; (4) Live's acquisition of ApplianceSmart did not close during first quarter 2017; (5) using December 30, 2017 as the "acquisition date" and recognizing income therefrom did not conform to generally accepted accounting principles; (6) by falsely stating that the acquisition closed during the quarter, Live recognized bargain purchase gain, which enabled the Company to report positive net income in what would otherwise have been an unprofitable quarter; (7) between fiscal 2016 and fiscal 2018, Live's CEO received approximately 94% more in compensation than was disclosed to investors; and (8) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com:
https://www.accesswire.com/662836/CLASS-ACTION-UPDATE-for-PLL-ARDX-and-LIVE-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

RADNOR, Pa., Sept. 05, 2021 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Piedmont Lithium Inc. f/k/a Piedmont Lithium Limited (NASDAQ: PLL) (“Piedmont”) on behalf of those who purchased or acquired Piedmont securities between March 16, 2018 and July 19, 2021, inclusive (the “Class Period”).

Deadline Reminder: Investors who purchased or acquired Piedmont securities during the Class Period may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; toll free at (844) 887-9500; via e-mail at info@ktmc.com; or click https://www.ktmc.com/piedmont-lithium-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=piedmont

Piedmont engages in the exploration and development of resource projects. Piedmont primarily holds a 100% interest in a lithium project covering 2,322 acres in the North Carolina. Throughout the Class Period, Piedmont informed investors regarding its plan for completing necessary permitting and zoning activities required to commence mining and processing operations in North Carolina.

The truth began to emerge on July 20, 2021. Before market hours, Reuters published an article entitled “In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors” which reported the following, in pertinent part, regarding Piedmont’s regulatory issues in North Carolina: (1) Piedmont had not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so; (2) five of the seven members of the county’s board of commissioners, who control zoning changes, said they may block or delay the project; and (3) Piedmont had been set to meet with commissioners in March, but canceled with three days’ notice, further straining the relationship.

Following this news, Piedmont shares fell $12.56 per share over the trading day, or nearly 20%, to close at $50.52 per share on July 20, 2021.

The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont had not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business did not have “strong local government support”; and (5) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times.

Piedmont investors may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
info@ktmc.com

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Iluka Resources Limited (ASX:ILU) is about to trade ex-dividend in the next two days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Accordingly, Iluka Resources investors that purchase the stock on or after the 7th of September will not receive the dividend, which will be paid on the 6th of October.

The company's upcoming dividend is AU$0.12 a share, following on from the last 12 months, when the company distributed a total of AU$0.24 per share to shareholders. Last year's total dividend payments show that Iluka Resources has a trailing yield of 2.4% on the current share price of A$10.03. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.

View our latest analysis for Iluka Resources

Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Fortunately Iluka Resources's payout ratio is modest, at just 38% of profit. A useful secondary check can be to evaluate whether Iluka Resources generated enough free cash flow to afford its dividend. The good news is it paid out just 4.4% of its free cash flow in the last year.

It's positive to see that Iluka Resources's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut.

Click here to see the company's payout ratio, plus analyst estimates of its future dividends.

Have Earnings And Dividends Been Growing?

Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. If earnings fall far enough, the company could be forced to cut its dividend. That's why it's comforting to see Iluka Resources's earnings have been skyrocketing, up 24% per annum for the past five years. Iluka Resources is paying out less than half its earnings and cash flow, while simultaneously growing earnings per share at a rapid clip. Companies with growing earnings and low payout ratios are often the best long-term dividend stocks, as the company can both grow its earnings and increase the percentage of earnings that it pays out, essentially multiplying the dividend.

Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Since the start of our data, 10 years ago, Iluka Resources has lifted its dividend by approximately 12% a year on average. It's great to see earnings per share growing rapidly over several years, and dividends per share growing right along with it.

To Sum It Up

From a dividend perspective, should investors buy or avoid Iluka Resources? Iluka Resources has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past 10 years, but the conservative payout ratio makes the current dividend look sustainable. Overall we think this is an attractive combination and worthy of further research.

With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. For example, we've found 2 warning signs for Iluka Resources that we recommend you consider before investing in the business.

A common investment mistake is buying the first interesting stock you see. Here you can find a list of promising dividend stocks with a greater than 2% yield and an upcoming dividend.

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

Readers hoping to buy Endeavour Mining plc (TSE:EDV) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Accordingly, Endeavour Mining investors that purchase the stock on or after the 9th of September will not receive the dividend, which will be paid on the 28th of September.

The company's next dividend payment will be US$0.28 per share, and in the last 12 months, the company paid a total of US$0.56 per share. Calculating the last year's worth of payments shows that Endeavour Mining has a trailing yield of 2.3% on the current share price of CA$30.92. If you buy this business for its dividend, you should have an idea of whether Endeavour Mining's dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing.

See our latest analysis for Endeavour Mining

Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. That's why it's good to see Endeavour Mining paying out a modest 38% of its earnings. A useful secondary check can be to evaluate whether Endeavour Mining generated enough free cash flow to afford its dividend. Luckily it paid out just 8.9% of its free cash flow last year.

It's positive to see that Endeavour Mining's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut.

Click here to see the company's payout ratio, plus analyst estimates of its future dividends.

Have Earnings And Dividends Been Growing?

Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. It's encouraging to see Endeavour Mining has grown its earnings rapidly, up 39% a year for the past five years. Earnings per share have been growing very quickly, and the company is paying out a relatively low percentage of its profit and cash flow. Companies with growing earnings and low payout ratios are often the best long-term dividend stocks, as the company can both grow its earnings and increase the percentage of earnings that it pays out, essentially multiplying the dividend.

Given that Endeavour Mining has only been paying a dividend for a year, there's not much of a past history to draw insight from.

Final Takeaway

Is Endeavour Mining an attractive dividend stock, or better left on the shelf? We love that Endeavour Mining is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. These characteristics suggest the company is reinvesting in growing its business, while the conservative payout ratio also implies a reduced risk of the dividend being cut in the future. There's a lot to like about Endeavour Mining, and we would prioritise taking a closer look at it.

So while Endeavour Mining looks good from a dividend perspective, it's always worthwhile being up to date with the risks involved in this stock. Our analysis shows 2 warning signs for Endeavour Mining that we strongly recommend you have a look at before investing in the company.

A common investment mistake is buying the first interesting stock you see. Here you can find a list of promising dividend stocks with a greater than 2% yield and an upcoming dividend.

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

Just because a business does not make any money, does not mean that the stock will go down. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So should Aspire Mining (ASX:AKM) shareholders be worried about its cash burn? In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. First, we'll determine its cash runway by comparing its cash burn with its cash reserves.

See our latest analysis for Aspire Mining

Does Aspire Mining Have A Long Cash Runway?

A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. As at December 2020, Aspire Mining had cash of AU$35m and such minimal debt that we can ignore it for the purposes of this analysis. In the last year, its cash burn was AU$2.9m. That means it had a cash runway of very many years as of December 2020. While this is only one measure of its cash burn situation, it certainly gives us the impression that holders have nothing to worry about. You can see how its cash balance has changed over time in the image below.

How Is Aspire Mining's Cash Burn Changing Over Time?

Because Aspire Mining isn't currently generating revenue, we consider it an early-stage business. So while we can't look to sales to understand growth, we can look at how the cash burn is changing to understand how expenditure is trending over time. Notably, its cash burn was actually down by 61% in the last year, which is a real positive in terms of resilience, but uninspiring when it comes to investment for growth. Aspire Mining makes us a little nervous due to its lack of substantial operating revenue. So we'd generally prefer stocks from this list of stocks that have analysts forecasting growth.

How Hard Would It Be For Aspire Mining To Raise More Cash For Growth?

While we're comforted by the recent reduction evident from our analysis of Aspire Mining's cash burn, it is still worth considering how easily the company could raise more funds, if it wanted to accelerate spending to drive growth. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. One of the main advantages held by publicly listed companies is that they can sell shares to investors to raise cash and fund growth. We can compare a company's cash burn to its market capitalisation to get a sense for how many new shares a company would have to issue to fund one year's operations.

Aspire Mining has a market capitalisation of AU$41m and burnt through AU$2.9m last year, which is 7.1% of the company's market value. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan.

Is Aspire Mining's Cash Burn A Worry?

As you can probably tell by now, we're not too worried about Aspire Mining's cash burn. For example, we think its cash runway suggests that the company is on a good path. But it's fair to say that its cash burn relative to its market cap was also very reassuring. After considering a range of factors in this article, we're pretty relaxed about its cash burn, since the company seems to be in a good position to continue to fund its growth. On another note, Aspire Mining has 3 warning signs (and 2 which are a bit concerning) we think you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies, and this list of stocks growth stocks (according to analyst forecasts)

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

A look at the shareholders of Jervois Global Limited (ASX:JRV) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. We also tend to see lower insider ownership in companies that were previously publicly owned.

Jervois Global is not a large company by global standards. It has a market capitalization of AU$960m, which means it wouldn't have the attention of many institutional investors. In the chart below, we can see that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about Jervois Global.

See our latest analysis for Jervois Global

What Does The Institutional Ownership Tell Us About Jervois Global?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

As you can see, institutional investors have a fair amount of stake in Jervois Global. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Jervois Global's earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in Jervois Global. Our data shows that AustralianSuper Pty. Ltd. is the largest shareholder with 20% of shares outstanding. In comparison, the second and third largest shareholders hold about 2.9% and 0.8% of the stock. Brian Kennedy, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors.

Our studies suggest that the top 15 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

Insider Ownership Of Jervois Global

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our most recent data indicates that insiders own some shares in Jervois Global Limited. It has a market capitalization of just AU$960m, and insiders have AU$10m worth of shares, in their own names. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling.

General Public Ownership

The general public holds a 43% stake in Jervois Global. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Jervois Global (at least 2 which make us uncomfortable) , and understanding them should be part of your investment process.

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

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.

By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.

However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.

Mosaic (MOS) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.

Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.

Here are three of the most important factors that make the stock of this fertilizer maker a great growth pick right now.

Earnings Growth

Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.

While the historical EPS growth rate for Mosaic is 7.5%, investors should actually focus on the projected growth. The company's EPS is expected to grow 450.6% this year, crushing the industry average, which calls for EPS growth of 156.3%.

Impressive Asset Utilization Ratio

Asset utilization ratio — also known as sales-to-total-assets (S/TA) ratio — is often overlooked by investors, but it is an important indicator in growth investing. This metric exhibits how efficiently a firm is utilizing its assets to generate sales.

Right now, Mosaic has an S/TA ratio of 0.5, which means that the company gets $0.5 in sales for each dollar in assets. Comparing this to the industry average of 0.48, it can be said that the company is more efficient.

While the level of efficiency in generating sales matters a lot, so does the sales growth of a company. And Mosaic is well positioned from a sales growth perspective too. The company's sales are expected to grow 44.6% this year versus the industry average of 28.8%.

Promising Earnings Estimate Revisions

Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

The current-year earnings estimates for Mosaic have been revising upward. The Zacks Consensus Estimate for the current year has surged 15.6% over the past month.

Bottom Line

While the overall earnings estimate revisions have made Mosaic a Zacks Rank #1 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.

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

This combination positions Mosaic well for outperformance, so growth investors may want to bet on it.

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Friday, September 3, 2021

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Verizon Communications Inc. (VZ), CVS Health Corporation (CVS), and BHP Group (BHP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Verizon shares have lagged the Zacks Wireless Industry over the last 6 months (+0.9% vs. +2.6%), but the Zacks analyst believes that the company is poised to benefit from a disciplined network strategy and a customer-centric business model. Supported by a focused roadmap for technology leadership, the company witnessed a healthy demand curve across core businesses. Verizon expects to continue this momentum, driven by diligent execution of operational plans along with dedicated 5G endeavors.

However, Verizon operates in an intensely competitive U.S. wireless market that strains margins. Hefty expenses on promotions and lucrative discounts to attract customers hamper its profitability. The high auctioning expenses for the mid-band spectrum is likely to further compromise Verizon’s margins.

(You can read the full research report on Verizon here >>>)

Shares of CVS Health have modestly outperformed the Zacks Retail – Pharmacies and Drug Stores industry in the last three months (+0.6% vs. -1.5%). In fact, CVS Health's second-quarter earnings and revenues surpassed the Zacks Consensus Estimate. Revenues across all the three operating segments in the second quarter performed ahead of the company’s expectations. Increased full-year guidance is indicative of this bullish trend to continue through the rest of 2021.

The company noted that, consumer-centric digital strategy has become more relevant in the current environment as people are using technology more while staying indoors. The Zacks analyst believes that in the second quarter, the company has achieved higher levels of engagement across digital assets. However, second-quarter adjusted earnings declined year over year on escalating costs and expenses which are putting pressure on both the margins. Also, the repeal of the HIF for 2021 hampered growth.

(You can read the full research report on CVS Health here >>>)

BHP Group shares have gained +15.2% over the past year against the Zacks Mining – Miscellaneous industry’s gain of +17.1%. In fact, BHP Group’s iron ore production in fiscal 2021 rose 2% to 254 Mt (million tons) aided by record production at Western Australia Iron Ore (WAIO). In fiscal 2022, the company expects to produce between 249 Mt and 259 Mt of iron ore backed by productivity improvements at WAIO.

The Zacks analyst believes that higher input costs and the recent drop in iron ore prices due to curbs on steel production in China remains a concern. Nevertheless, BHP Group will gain on efforts to make operations more efficient through smart technology adoption across the entire value chain and focus on lowering debt.

(You can read the full research report on BHP Group here >>>)

Other noteworthy reports we are featuring today include Expeditors International of Washington, Inc. (EXPD), Autodesk, Inc. (ADSK) and DISH Network Corporation (DISH).

Sheraz Mian

Director of Research

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

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Verizon Communications Inc. (VZ) : Free Stock Analysis Report

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DISH Network Corporation (DISH) : Free Stock Analysis Report

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(Adds comment from Lithium Americas CEO)

By Ernest Scheyder

Sept 3 (Reuters) – A U.S. federal judge ruled on Friday that Lithium Americas Corp may conduct excavation work at its Thacker Pass lithium mine site in Nevada, denying a request from Native Americans who said the digging would desecrate an area they believe holds ancestral bones and artifacts.

The ruling from Chief Judge Miranda Du was the second victory in recent weeks for the project, which could become the largest U.S. source of lithium, used in electric vehicle batteries.

The court is still considering the broader question of whether former President Donald Trump's administration erred when it approved the project in January. That ruling is expected by early 2022.

Du said the Native Americans did not prove the U.S. government failed to properly consult them during the permitting process. Du in July denied a similar request from environmentalists.

Du said, though, that she was not dismissing all the Native Americans' arguments, but felt bound by existing laws to deny their request.

"This order does not resolve the merits of the tribes' claims," Du said in her 22-page ruling.

Vancouver-based Lithium Americas said it would protect and preserve tribal artifacts.

"We've always been committed to doing this the right way by respecting our neighbors, and we are pleased today's ruling recognizes our efforts," Lithium Americas Chief Executive Jon Evans told Reuters.

No digging can take place until the U.S. Bureau of Land Management issues an Archeological Resources Protection Act permit.

The Burns Paiute Tribe, one of the tribes that brought the lawsuit, noted that the bureau told the court last month that the land holds cultural value for Native Americans.

"If that's the case, well then there's going to be harm if you start digging into the landscape," said Richard Eichstaedt, an attorney for the Burns Paiute.

Representatives for the bureau and two other tribes who sued were not immediately available to comment. (Reporting by Ernest Scheyder; Editing by David Gregorio and Rosalba O'Brien)

The giant mining company is making changes to its business, and it seems investors are unenthusiastic about its plans.

Miners are bringing about radical changes to mining operations with the help of technology and automation, in an effort to increase productivity and efficiency, reduce costs, and improve frontline safety. More importantly, these efforts will help the industry meet its sustainability target by cutting down on carbon emissions, which is the need of the hour considering the severity of climate change.

To this end, Brazilian miner Vale S.A VALE announced that it has started operating six autonomous haul trucks in Carajás — its largest iron ore complex in Brazil and plans to take it up to 10 vehicles by this year-end. These autonomous trucks have the capability of moving 320 metric tons at a time. These have been undergoing tests in an isolated area in Carajás since 2019. Following the final testing phase at the N4E mine last week, the plan went live on Sep 1 this year. At the Carajás Complex, Vale already has four autonomous drills in operation. The company has plans to increase it to seven drills.

This follows the success of the autonomous operation at Vale’s second largest mine, Brucutu, in Minas Gerais, Brazil, in 2016. It was the first mine in Brazil to run with 100% autonomous operations. In July this year, the 13 haul trucks in operation at the mine achieved the milestone of moving 100 million tons of material since their introduction. Impressively, no accident has been reported by the trucks over the past five years as well.

The move is not only ensuring safety in mining but also aiding the company in attaining its goal of reducing carbon emissions by 33% until 2030. Autonomous trucks offer increased machine and tire life, higher speed than traditional vehicles while consuming less fuel. This leads to lower carbon dioxide and particulate emissions. They offer higher hourly productivity and will lower maintenance costs as well.

Vale has earmarked $34 million this year for its autonomous program. By the end of the year, 23 trucks, 21 drills and four stocking yards (stackers and reclaimers) will be in operation across the company in four Brazilian states (Pará, Minas Gerais, Maranhão and Rio de Janeiro).

Mining giant, BHP Group BHP has been operating a fully-autonomous truck fleet at its Western Australian Jimblebar mine since 2017. The site is now one of the safest operations in its portfolio, with significant events involving trucks at Jimblebar having dropped by more than 90% since the introduction of autonomous haulage. Following its success, BHP is implementing the transition of an autonomous fleet of up to 86 trucks at its Goonyella Riverside coal mine in Queensland in a phased roll out over the 2021-2022 period. The company has announced that it will introduce 20 autonomous trucks at its Newman East (Eastern Ridge) mine in Western Australia.

Rio Tinto plc Plc RIO boasts of the world’s first automated heavy-haul rail network named AutoHaul, which was capable of moving about one million ton of iron ore a day in 2019. About one-third of the haul truck fleet across its Pilbara sites is autonomous as well. It continues to expand its Autonomous Drilling System (ADS), which currently has a fleet of 26 production drills across seven sites. It intends to make the Gudai-Darri iron ore mine in Western Australia’s Pilbara region one of the world’s most technologically advanced mines. Rio Tinto has joined forces with Caterpillar Inc. CAT to deploy the world’s first fully autonomous water truck at the mine. Water spraying is a vital part of mining operations, thus, this will enhance productivity by enabling digital tracking of water consumption and cutting down water wastage. Caterpillar’s three water trucks will join Gudai-Darri’s fleet of Caterpillar heavy mobile equipment including autonomous haul trucks and production drills.

Last year, Newmont Mining Corporation NEM announced investment in implementation of the Autonomous Haulage System at Boddington mine in Australia to enhance safety and productivity, while extending mine life. Once operational, Boddington will be the first open pit gold mine in the world with a fully autonomous haul truck fleet.

Given its benefits to the miners, the driverless fleet is becoming increasingly popular among miners. The number of autonomous trucks is expected to surge over the next few years, thanks to major investments by miners globally.

BHP, Vale, Rio Tinto and Newmont currently carry 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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Toronto, Ontario–(Newsfile Corp. – September 3, 2021) – Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), is pleased to announce that it has completed the first two drill holes at its San Jose project.

Michael R. Smith (Monarca Minerals Senior VP Exploration) states "We are very excited about the positive results of the San Jose drilling, having demonstrated the existence of significant skarn mineralization".

Drill holes SJ01 and SJ03 have been completed – each drill hole successfully intersected skarn mineralization with sulfide minerals, based on field quick logs (Figure 1: Field Log Summary). Both exoskarn and endoskarn mineralization were observed. The sulfide minerals observed were dominantly pyrite, with very fine grained dark sulfide minerals, which appear to be sphalerite and galena in some cases. Chalcopyrite was locally observed. Assay results are not yet available. The first batch of samples for assay will be shipped in a few days to the sample preparation laboratory in Chihuahua, Mexico.

SJ01: Drill hole SJ01, angled easterly at -60º, was drilled to 140.2m and was completed in one day. It targeted the mineralized contact between limestone and adjacent granodiorite, at the Guadalupana mine (Figure 2: Drilling IP Geophysical Targets). SJ01 intersected 9.1m of exoskarn with about 1% pyrite and <1% of fine grained dark sulfide minerals. It also cut 42.7m of endoskarn. The remainder of the hole was silicified granodiorite with about 1% pyrite.

SJ03: Drill hole SJ03 was drilled vertically to 329.2m and was completed in four days, having intersected three exoskarn horizons. A booster compressor was utilized to manage water flows, which at a constant rate were about 5 gallons per minute. It targeted an IP geophysical anomaly in an area where the nearest outcrop was about 100m distant, at the El Leon prospect. Three thick zones of exoskarn were intersected, each with sulfide mineralization consisting of pyrite and fine grained dark sulfide minerals. From 207.3m to 208.8m exoskarn mineralization was observed, with about 20% pyrite and fine grained dark sulfide minerals. The total intersected length of exoskarn mineralization was 83.8m, along with 76.2m of endoskarn. There appears to be potassic alteration (shreddy biotite) in the granodiorite in the bottom 32.0m of drill hole SJ03.

Figure 1: Field Log Summary

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2584/95501_0926ed8864642ad6_001full.jpg

SJ10SJ03SJ01+/- Drill Hole Locations

Figure 2: Drilling IP Geophysical Targets

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2584/95501_0926ed8864642ad6_011full.jpg

Quality Assurance and Quality Control Statement

Procedures have been implemented by Monarca to assure Quality Assurance Quality Control (QAQC) of all assaying that will be done at an ISO Accredited laboratory. Drill hole samples are collected at the drill rig and are riffle split, disposing of 1/4 or 1/2 of the sample, collecting two samples, one for the assay laboratory and one as a duplicate. The samples are then stored securely prior to shipment. A sterile blank sample (un-mineralized basalt) and a mineralized reference standard (used by Monarca since 2009) are alternately placed in the sample sequence every 20th sample. The assays received for the QAQC samples will be reviewed for acceptable values by Monarca's Qualified Person.

Qualified Person Statement

Michael R. Smith is the Qualified Person (QP) who has reviewed and approved the scientific and technical information disclosed in this news release. Mr. Smith is a Registered Member (#04167376 – Geology) of the Society for Mining, Metallurgy & Exploration (SME) and the Executive Vice President, Exploration for Monarca Minerals Inc.

About Monarca Minerals Inc.

Monarca is a Canadian mining company listed on the TSX Venture Exchange (TSXV:MMN) and focused on the exploration and development of silver projects along a highly productive mineralized belt in Mexico. The Company has a portfolio of silver projects including an Inferred Mineral Resource of 19.8 million tonnes at 45.0 g/t Ag (28.7 million ounces of contained silver) at its Tejamen deposit in Durango, Mexico. NI 43-101 Technical Report on Resources, Tejamen Silver Property, Durango State, Mexico, prepared by Gustavson Associates on February 2, 2016.

For further information, please contact:

Carlos Espinosa
President, CEO & Director
Monarca Minerals Inc.
E: cespinosa@slgmexico.com

Cautionary Note Regarding Forward-Looking Statements Forward-Looking Statements:

The above contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

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

/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/95501

A month has gone by since the last earnings report for Albemarle (ALB). Shares have added about 11.6% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Albemarle due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

Albemarle’s Earnings Surpass Estimates in Q2, Sales Lag

Albemarle recorded a profit of $424.6 million or $3.62 per share in the second quarter of 2021, up from $85.6 million or 80 cents per share it earned a year ago. The bottom line in the reported quarter includes a gain on the sale of the Fine Chemistry Services business.

Adjusted earnings for the reported quarter were 89 cents per share, up from 86 cents a year ago. It topped the Zacks Consensus Estimate of 83 cents.

Revenues rose roughly 1% year over year to $773.9 million in the quarter. It missed the Zacks Consensus Estimate of $787.1 million. The top line was aided by higher sales from the company's Lithium and Bromine business segments.

Segment Highlights

Sales from the Lithium unit rose around 13% year over year to $320.3 million in the reported quarter, aided by higher volumes (up 17%) that more than offset lower pricing. Prices fell 4% due to lower carbonate and technical grade product pricing. Adjusted EBITDA was up roughly 16% year over year to $109.4 million, aided by higher sales.

The Bromine Specialties segment recorded sales of $279.7 million, up around 20% year over year. Sales were supported by higher demand for products across the portfolio and improved volumes and pricing. Adjusted EBITDA was $92.6 million, up around 27% year over year. The company’s cost-savings initiatives and pricing offset higher raw materials costs.

The Catalysts unit recorded revenues of $148.3 million in the reported quarter, down around 25% year over year, hurt by lower volumes. Prices were flat in the quarter. FCC volumes fell modestly, impacted by a change in order patterns from a large North American customer. Adjusted EBITDA was $21.2 million, down roughly 7% year over year, impacted by lower sales.

Financial Position

Albemarle ended the quarter with cash and cash equivalents of roughly $823.6 million, up around 12% year over year. Long-term debt was $2,043.8 million, down around 35% year over year.

Cash flow from operations was $385.9 million for the six months ended Jun 30, 2021, up around 86% year over year.

Outlook

Moving ahead, Albemarle expects its performance for full-year 2021 to improve modestly on a year-over-year basis on a sustained recovery in global economic activities.

The company expects net sales for 2021 to be between $3.2 billion and $3.3 billion. It sees higher Lithium sales and improving trends in Catalysts. However, expectations for the Bromine business are reduced due to an increase in raw material costs and supply chain disruptions.

Moreover, Albemarle now sees adjusted earnings per share for 2021 in the band of $3.35-$3.70, up from its prior view of $3.25 to $3.65.

How Have Estimates Been Moving Since Then?

In the past month, investors have witnessed a downward trend in estimates review. The consensus estimate has shifted -10.18% due to these changes.

VGM Scores

At this time, Albemarle has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Albemarle has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

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With the business potentially at an important milestone, we thought we'd take a closer look at Piedmont Lithium Inc.'s (ASX:PLL) future prospects. Piedmont Lithium Inc. engages in the exploration and development of resource projects in the United States. The AU$1.3b market-cap company posted a loss in its most recent financial year of US$5.7m and a latest trailing-twelve-month loss of US$7.7m leading to an even wider gap between loss and breakeven. As path to profitability is the topic on Piedmont Lithium's investors mind, we've decided to gauge market sentiment. We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.

View our latest analysis for Piedmont Lithium

Consensus from 7 of the Australian Metals and Mining analysts is that Piedmont Lithium is on the verge of breakeven. They expect the company to post a final loss in 2023, before turning a profit of US$93m in 2024. The company is therefore projected to breakeven around 3 years from today. How fast will the company have to grow each year in order to reach the breakeven point by 2024? Working backwards from analyst estimates, it turns out that they expect the company to grow 62% year-on-year, on average, which signals high confidence from analysts. Should the business grow at a slower rate, it will become profitable at a later date than expected.

We're not going to go through company-specific developments for Piedmont Lithium given that this is a high-level summary, however, keep in mind that typically a metal and mining business has lumpy cash flows which are contingent on the natural resource mined and stage at which the company is operating. This means that a high growth rate is not unusual, especially if the company is currently in an investment period.

Before we wrap up, there’s one aspect worth mentioning. The company has managed its capital judiciously, with debt making up 3.4% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company.

Next Steps:

There are key fundamentals of Piedmont Lithium which are not covered in this article, but we must stress again that this is merely a basic overview. For a more comprehensive look at Piedmont Lithium, take a look at Piedmont Lithium'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 Piedmont Lithium'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 Piedmont Lithium'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.

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. Indeed, Oroco Resource (CVE:OCO) stock is up 236% in the last year, providing strong gains for shareholders. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

Given its strong share price performance, we think it's worthwhile for Oroco Resource shareholders to consider whether its cash burn is concerning. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. Let's start with an examination of the business' cash, relative to its cash burn.

See our latest analysis for Oroco Resource

How Long Is Oroco Resource's Cash Runway?

You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. When Oroco Resource last reported its balance sheet in February 2021, it had zero debt and cash worth CA$22m. In the last year, its cash burn was CA$6.2m. That means it had a cash runway of about 3.5 years as of February 2021. A runway of this length affords the company the time and space it needs to develop the business. The image below shows how its cash balance has been changing over the last few years.

How Is Oroco Resource's Cash Burn Changing Over Time?

Because Oroco Resource isn't currently generating revenue, we consider it an early-stage business. So while we can't look to sales to understand growth, we can look at how the cash burn is changing to understand how expenditure is trending over time. The skyrocketing cash burn up 116% year on year certainly tests our nerves. It's fair to say that sort of rate of increase cannot be maintained for very long, without putting pressure on the balance sheet. Admittedly, we're a bit cautious of Oroco Resource due to its lack of significant operating revenues. We prefer most of the stocks on this list of stocks that analysts expect to grow.

Can Oroco Resource Raise More Cash Easily?

While Oroco Resource does have a solid cash runway, its cash burn trajectory may have some shareholders thinking ahead to when the company may need to raise more cash. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. Commonly, a business will sell new shares in itself to raise cash and drive growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate).

Since it has a market capitalisation of CA$497m, Oroco Resource's CA$6.2m in cash burn equates to about 1.2% of its market value. So it could almost certainly just borrow a little to fund another year's growth, or else easily raise the cash by issuing a few shares.

How Risky Is Oroco Resource's Cash Burn Situation?

It may already be apparent to you that we're relatively comfortable with the way Oroco Resource is burning through its cash. In particular, we think its cash runway stands out as evidence that the company is well on top of its spending. Although we do find its increasing cash burn to be a bit of a negative, once we consider the other metrics mentioned in this article together, the overall picture is one we are comfortable with. After taking into account the various metrics mentioned in this report, we're pretty comfortable with how the company is spending its cash, as it seems on track to meet its needs over the medium term. Taking a deeper dive, we've spotted 4 warning signs for Oroco Resource you should be aware of, and 1 of them is potentially serious.

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

Vancouver, British Columbia–(Newsfile Corp. – September 2, 2021) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or "Company") announces that it has appointed Isabel Vilela as Head of Investor Relations and Corporate Communications, effective immediately.

Ms. Vilela brings with her over ten years of experience in investor relations, having previously worked as head of Investor Relations for Hochschild Mining plc and Cookson Group plc, as well as a wealth of experience in ESG, corporate communications and public relations.

Ms. Vilela will build on GoviEx's current Investor Relations program to grow and diversify the Company's shareholder base as well as to enhance its communications with shareholders and stakeholders, and will be actively engaged in the ongoing development of GoviEx's ESG management programs. Isabel will work closely with the management team to further develop the company's internal and external communications with a focus on strategy, branding, social media presence and investor communications.

Ms. Vilela will report to Daniel Major, CEO, and will be based in the UK. In conjunction with her appointment and pursuant to the Company's stock option plan, Ms. Vilela is eligible to be granted a total of 500,000 stock options after completion of a standard three month probationary period. The options will be priced once granted and will be subject to vesting provisions.

Commenting on the appointment, Daniel Major, CEO, said: "We are extremely pleased to welcome Isabel to the GoviEx Team. Her experience and insights make her ideally suited to support the continued development of our investor relations program and goals. As we advance our uranium projects in a strengthening uranium market, it is a great time to bolster our investor relations program and ensure best practice to drive shareholder value."

Ms. Vilela added, "I'm delighted to be joining GoviEx at this unique and exciting time. I look forward to assisting GoviEx to communicate the Company's strategic initiatives and performance drivers to the financial community and its key stakeholders."

Ms. Vilela has no direct or indirect interest in GoviEx other than as an employee of the Company.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

About GoviEx Uranium

GoviEx is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEx's principal objective is to become a significant uranium producer through the continued exploration and development of its flagship mine-permitted Madaouela Project in Niger, its mine-permitted Mutanga Project in Zambia, and its other uranium properties elsewhere in Africa.

Information Contacts

Isabel Vilela
Head of Investor Relations and Corporate Communications
Tel: +1-604-681-5529
info@goviex.com
www.goviex.com

Cautionary Statement Regarding Forward-Looking Statements

This news release may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of current or historical facts contained in this news release are forward-looking information.

Forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in GoviEx's periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend", "may", "potential", "should," and similar expressions, are forward- looking statements. Information provided in this document is necessarily summarized and may not contain all available material information.

Forward-looking statements include those in relation to, (i) that Ms. Vilela will build on GoviEx's current Investor Relations program to grow and diversify the Company's shareholder base as well as to enhance its communications with shareholders and stakeholders.

Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Such assumptions, which may prove incorrect, include the following: (i) that the current uranium upcycle will continue and expand; (ii) that the integration of nuclear power into power grids world-wide will continue as a clean energy alternative and increase as dirty carbon baseload is taken off-line; and (iii) that the price of uranium will remain sufficiently high and the costs of advancing the Company's mining projects will remain sufficiently low so as to permit GoviEx to implement its business plans in a profitable manner.

Factors that could cause actual results to differ materially from expectations include (i) a regression in the uranium market price; (ii) inability or unwillingness to include or increase nuclear power generation by major markets; (iii) potential delays due to COVID-19 restrictions; (iv) the failure of the Company's projects, for technical, logistical, labour-relations, or other reasons; (v) a decrease in the price of uranium below what is necessary to sustain the Company's operations; (vi) an increase in the Company's operating costs above what is necessary to sustain its operations; (vii) accidents, labour disputes, or the materialization of similar risks; (viii) a deterioration in capital market conditions that prevents the Company from raising the funds it requires on a timely basis; and (ix) generally, the Company's inability to develop and implement a successful business plan for any reason.

In addition, the factors described or referred to in the section entitled "Risks Factors" in the MD&A for the year ended December 31, 2020, of GoviEx, which is available on the SEDAR website at www.sedar.com, should be reviewed in conjunction with the information found in this news release.

Although GoviEx has attempted to identify important factors that could cause actual results, performance, or achievements to differ materially from those contained in the forward- looking statements, there can be other factors that cause results, performance, or achievements not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances, or results will materialize. As a result of these risks and uncertainties, no assurance can be given that any events anticipated by the forward-looking information in this news release will transpire or occur, or, if any of them do so, what benefits that GoviEx will derive therefrom. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and GoviEx disclaims any intention or obligation to update or revise such information, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/95493

Vancouver, British Columbia–(Newsfile Corp. – September 3, 2021) – EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company", or "EMX") is pleased to announce that it has completed the second and final closing under the agreement to acquire an effective 0.418% Net Smelter Return ("NSR") royalty on the operating Caserones Copper-Molybdenum Mine (the "Caserones Royalty") located in northern Chile for US$34.1 million in cash (see EMX news releases dated August 17 and August 23, 2021).

As previously reported, EMX formed a 50%-50% partnership with Altus Strategies Plc (AIM: ALS) (TSXV: ALTS) (OTCQX: ALTUF) ("Altus") to acquire an effective 0.836% NSR royalty for US$68.2 million. EMX and Altus now each control an effective 0.418% royalty interest and each were responsible for US$34.1 million of the purchase price. EMX and Altus have formed a Chilean company, Minera Tercero, Spa ("Tercero"), of which EMX and Altus each own 50%. Tercero agreed to purchase 43% of the issued and outstanding shares of an underlying royalty holder, Sociedad Legal Minera California Una de la Sierra Peña Negra ("SLM California"), through a Share Purchase Agreement with 16 shareholders of SLM California to acquire ownership of 43% of SLM California's issued and outstanding shares, and thereby indirect ownership of 43% of SLM California's 1.944% NSR royalty interest in the Caserones property (i.e., a 0.836% NSR royalty interest, held as 0.418% by EMX and 0.418% by Altus).

Under the first closing, Tercero acquired 33% of SLM California for US$52.3 million. The second and final purchase of the remaining 10% of the shares of SLM California has now been completed for US$15.9 million.

The acquisition of the Caserones Royalty is expected to provide immediate enhancement to EMX's royalty cash flow and to secure long-term proceeds from copper and molybdenum production in one of the world's top mining regions.

Eric P. Jensen, CPG, a Qualified Person as defined by National Instrument 43-101 and an employee of the Company, has reviewed, verified, and approved the disclosure of the technical information contained in this news release.

About EMX. EMX is a precious, base and battery metals royalty company. EMX's investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol "EMX", as well as on the Frankfurt exchange under the symbol "6E9". Please see www.EMXroyalty.com for more information.

For further information contact:

David M. Cole
President and Chief Executive Officer
Phone: (303) 979-6666
Dave@EMXroyalty.com

Scott Close
Director of Investor Relations
Phone: (303) 973-8585
SClose@EMXroyalty.com

Isabel Belger
Investor Relations (Europe)
Phone: +49 178 4909039
Ibelger@EMXroyalty.com

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

Forward-Looking Statements

This news release may contain "forward looking statements" that reflect the Company's current expectations and projections about its future results. These forward-looking statements may include statements regarding completion of the second closing of the Caserones royalty purchase, , expected cash flows from EMX's interest in the Caserones royalty, perceived merits of properties, exploration results and budgets, mineral reserves and resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices for precious and base metal, or other statements that are not statements of fact. When used in this news release, words such as "estimate," "intend," "expect," "anticipate," "will", "believe", "potential", "upside" and similar expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company's future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause the Company's actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and factors may include, but are not limited to: failure of the vendors under the Share Purchase Agreement to perform their obligations, fluctuations in or problems with production from the Caserones mine, unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased regulatory compliance costs, expectations of project funding by joint venture partners and other factors. It is possible EMX may not complete the transaction, as a result of failure to fulfill conditions of closing, unavailability of financing or for other reasons EMX cannot anticipate at this time.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company's MD&A for the quarter ended June 30, 2021 and the year ended December 31, 2020 (the "MD&A"), and the most recently filed Revised Annual Information Form (the "AIF") for the year ended December 31, 2020, actual events may differ materially from current expectations. More information about the Company, including the MD&A, the AIF and financial statements of the Company, is available on SEDAR at www.sedar.com and on the SEC's EDGAR website at www.sec.gov.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/95491

SASKATOON, SK, Sept. 3, 2021 /CNW/ – IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSXV: ISO) (OTCQX: ISENF) is pleased to announce that following the completion of drilling at its Geiger property, drilling has commenced at its 100% owned Larocque East project, home to the Hurricane zone high-grade uranium deposit.

Tim Gabruch, President and Chief Executive Officer commented: "IsoEnergy's summer exploration program has been progressing well. We recently completed our 12-hole drill program at Geiger and the team has moved over to our Larocque East project where drilling has now begun. The work at Geiger was completed successfully, and safely, and marks IsoEnergy's first drill program outside of the Larocque East property since the Hurricane zone was discovered during the summer program in 2018. Work now transitions back to our flagship Larocque East site, home of the Hurricane zone. We are excited to get back on the ground there, having delayed our return because of COVID-19.

Andy Carmichael, Vice President of Exploration commented: "Drilling in 2020 was the most successful to date at Hurricane with intersections of strong mineralization over significant widths leading to the identification of a high-grade domain. The team is excited to resume growing the Hurricane zone as well as drill testing high-priority exploration targets, particularly along the fertile Larocque Lake conductive trend."

As announced on July 26^th, 2021, diamond drilling at Larocque East will comprise 30 drill holes totalling 12,000 metres and will have three objectives: Expansion; Infill; and Exploration. Twelve drill holes are planned to expand the footprint of the Hurricane zone and will include drilling at both the western and the eastern sides of the zone. Four infill drill holes are planned between existing drill fences to provide valuable information on the continuity of the higher-grade portions of the zone. Figure 2 shows the Expansion and Infill target areas in plan view. Fourteen exploration drill holes are planned in two target areas. The main target area is a three-kilometre-long section of the Larocque Lake trend where DC-resistivity signatures similar to that of Hurricane are present and historical drilling has intersected alteration, structures, graphitic basement, and anomalous geochemistry. The second target area includes trends of decreased resistivity in the sandstone and basement and is located southeast of and subparallel to the Hurricane zone stratigraphy. Figure 3 shows the exploration target areas in plan view.

Geiger Drilling Complete

Diamond drilling at Geiger concluded in August. Twelve diamond drill holes totalling 4,428 metres were completed to evaluate an area where historical drill holes intersected anomalous results. Geological interpretation is underway and geochemical assay results are expected in a few weeks. While several drill holes intersected positive features, the most noteworthy result is the discovery of a zone of significant sandstone alteration associated with the 3B electromagnetic (EM) conductor. The 3B conductor was identified by IsoEnergy in July, during a reinterpretation of historical airborne geophysical survey data (Figure 4).

The newly discovered alteration zone was first intersected by drill hole GG21-21 while following-up anomalous historical drill hole Q3-006 by evaluating the 3A conductor (Figure 4). GG21-21 intersected wide intervals of moderately to strongly bleached sandstone cored by a 50-metre-long interval hosting structurally controlled clay enrichment, desilicified zones, and local hydrothermal hematite centred 100 metres south of the 3A conductor (Figure 5). GG21-27 followed-up GG21-21 by evaluating the sub-parallel 3B conductor and locating inferred basement structures controlling the alteration in the overlying sandstone. GG21-27 intersected moderately to strongly bleached intervals in the sandstone as well as a zone of graphitic faulting in the basement 155 metres below the unconformity which correlates to the centre of the 50-metre zone of increased alteration and structure in GG21-21. Importantly, the 3B conductor associated with this sandstone alteration and graphitic basement has been tested only indirectly by the two 2021 drill holes and is completely untested along its remaining 4.5 kilometres of strike length (Figure 4).

The Larocque East Property and the Hurricane Zone

The 100% owned Larocque East property consists of 33 mineral claims totaling 16,780ha. Two of the project's claims distal to the Hurricane zone are subject to a 2% Net Smelter Returns Royalty of which 1% may be bought back for $1Million at IsoEnergy's discretion. Larocque East is immediately adjacent to the north end of IsoEnergy's Geiger property and is 35km northwest of Orano Canada's McClean Lake uranium mine and mill.

Along with other target areas, the Larocque East Property covers a 15-kilometre-long northeast extension of the Larocque Lake conductor system; a trend of graphitic metasedimentary basement rocks that is associated with significant uranium mineralization at the Hurricane zone, and in several occurrences on Cameco Corp. and Orano Canada Inc.'s neighbouring property to the southwest of Larocque East. The Hurricane zone was discovered in July 2018 and was followed up with 29 drill holes in 2019 and an additional 48 drill holes in 2020. Dimensions are currently 575m along-strike, up to 75m wide, and up to 11m thick. The zone is open for expansion along-strike to the east and to the north and south on some sections. Mineralization is polymetallic and commonly straddles the sub-Athabasca unconformity 320 m below surface. The best intersection to date is 38.8% U₃O₈ over 7.5m in drill hole LE20-76. Drilling at Cameco Corp.'s Larocque Lake zone on the neighbouring property to the southwest has returned historical intersections of up to 29.9% U₃O₈ over 7.0m in drill hole Q22-040. Like the nearby Geiger property, Larocque East is located adjacent to the Wollaston-Mudjatik transition zone – a major crustal suture related to most of the uranium deposits in the eastern Athabasca Basin. Importantly, the sandstone cover on the Property is thin, ranging between 140m and 450m in previous drilling.

Figure 1 – IsoEnergy Athabasca Basin Projects (CNW Group/IsoEnergy Ltd.)

Figure 2 – Larocque East Expansion and Infill Drilling Areas (CNW Group/IsoEnergy Ltd.)

Figure 3 – Larocque East Exploration Drilling Areas (CNW Group/IsoEnergy Ltd.)

Figure 4 – Geiger 2021 Drilling Plan View with Section Q3-3700E Location (UNDER CONSTRUCTION) (CNW Group/IsoEnergy Ltd.)

Figure 5 – Section Q3-3700E (Drill Holes GG21-21 and GG21-27) (UNDER CONSTRUCTION) (CNW Group/IsoEnergy Ltd.)

Qualified Person Statement

The scientific and technical information contained in this news release was prepared by Andy Carmichael, P.Geo., IsoEnergy's Vice President, Exploration, who is a "Qualified Person" (as defined in NI 43-101 – Standards of Disclosure for Mineral Projects). Mr. Carmichael has verified the data disclosed. As mineralized drill holes at the Hurricane zone are oriented very steeply (-70 to -90 degrees) into a zone of mineralization that is interpreted to be horizontal, the true thickness of the intersections is expected to be greater than or equal to 90% of the core lengths. This news release refers to properties other than those in which the Company has an interest. Mineralization on those other properties is not necessarily indicative of mineralization on the Company's properties. For additional information regarding the Company's Larocque East Project, including its quality assurance and quality control procedures, please see the Technical Report dated effective May 15, 2019, on the Company's profile at www.sedar.com.

About IsoEnergy

IsoEnergy is a well-funded uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada. The Company recently discovered the high-grade Hurricane Zone of uranium mineralization on its 100% owned Larocque East property in the Eastern Athabasca Basin. IsoEnergy is led by a Board and Management team with a track record of success in uranium exploration, development, and operations. The Company was founded and is supported by the team at its major shareholder, NexGen Energy Ltd.

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

This news release shall not constitute an offer to sell or a solicitation of any offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities referenced herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and such securities may not be offered or sold within the United States absent registration under the U.S. Securities Act or an applicable exemption from the registration requirements thereunder.

Forward-Looking Information

The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the price of uranium, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, alternative sources of energy and uranium prices, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

IsoEnergy Ltd. Logo (CNW Group/IsoEnergy Ltd.)

SOURCE IsoEnergy Ltd.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2021/03/c5717.html

NEW YORK, NY / ACCESSWIRE / September 3, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Piedmont Lithium Inc. (NASDAQ:PLL)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/piedmont-lithium-inc-loss-submission-form?prid=19371&wire=1
Lead Plaintiff Deadline: September 21, 2021
Class Period: March 16, 2018 – July 19, 2021

Allegations against PLL include that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Koninklijke Philips N.V. (NYSE:PHG)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/koninklijke-philips-n-v-loss-submission-form?prid=19371&wire=1
Lead Plaintiff Deadline: October 15, 2021
Class Period: February 25, 2020 – June 11, 2021

Allegations against PHG include that: (i) Philips had deficient product manufacturing controls or procedures; (ii) as a result, the Company's Bi-Level PAP and CPAP devices and mechanical ventilators were manufactured using hazardous materials; (iii) accordingly, the Company's sales revenues from the foregoing products were unsustainable; (iv) the foregoing also subjected the Company to a substantial risk of a product recall, in addition to potential legal and/or regulatory action; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II (NYSE:ATIP)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/ati-physical-therapy-inc-f-k-a-fortress-value-acquisition-corp-ii-loss-submission-form?prid=19371&wire=1
Lead Plaintiff Deadline: October 15, 2021
This lawsuit is on behalf of investors who: (a) purchased or otherwise acquired ATI securities between April 1, 2021 and July 23, 2021, inclusive and/or (b) held FVAC Class A common stock as of May 24, 2021 and were eligible to vote at FVAC's June 15, 2021 special meeting.

Allegations against ATIP include that: (1) ATI was experiencing attrition among its physical therapists; (2) ATI faced increasing competition for clinicians in the labor market; (3) as a result of the foregoing, the Company faced difficulties retaining therapists and incurred increased labor costs; (4) as a result of the labor shortage, the Company would open fewer new clinics; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

View source version on accesswire.com:
https://www.accesswire.com/662813/SHAREHOLDER-ALERT-PLL-PHG-ATIP-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines

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