By Sameer Manekar and Byron Kaye

(Reuters) -BHP said annual profit fell to the lowest in five years as sluggish demand from China weighed on iron ore prices and flagged a cut in capital and exploration spending but declared a bigger-than-expected final dividend, sending its shares higher.

The world's largest listed miner also raised its debt target and said it would consider acquisitions in commodities such as copper and potash.

It posted a $10.16 billion underlying profit for the year ended June 30, down 26% from last year and below the Visible Alpha consensus of $10.22 billion.

BHP cut its final dividend but by less than analysts had forecast. It said it will pay shareholders $0.60 per share, from $0.74 a year earlier, taking the year's total to $1.10, its lowest since 2017, but well ahead of a Visible Alpha consensus of $1.01.

The Sydney-listed company's shares were up 1% in early trading, compared to a 0.7% dip on the broader market, as investors welcomed the payout.

"Inflationary pressures across the cost base have largely normalised, although pockets of pressure persist in some areas and overall cost levels remain materially higher than pre-pandemic benchmarks," said Citi analysts. "We expect the higher div payout ratio to be taken as a modest positive."

A combination of more product being shipped from Australia, Brazil and South Africa and lower steel production in top consumer China, pressured iron ore prices for much of the financial year, affecting earnings for top miners including BHP and Rio Tinto.

BHP's average realised price for iron ore fell by 19% during the year, though that was partly offset by stronger prices for copper, its second-biggest profit driver.

Still, the miner said it expects demand for its commodities to remain resilient even as the global economy faces an uncertain environment due to "shifting trade policies".

"Policy uncertainty, particularly around tariffs, fiscal policy, monetary easing, and industrial policy, has been elevated and continues to influence investment and trade flows. Despite these dynamics, commodity demand remained resilient," Chief Executive Mike Henry said in a statement.

BHP raised its net debt target range to between $10 billion and $20 billion, from between $5 billion and $15 billion, saying the decision was a result of technical analysis and not a sign of increased appetite for mergers and acquisitions activity.

The company would consider acquisitions in target growth areas like copper and potash but only of assets which were reasonably-priced and high quality, and "the overlap between those factors is a rare thing", Henry said on a call with reporters.

BHP said it plans to spend $11 billion on growth projects and exploration over the next two years, up from $9.79 billion in fiscal 2025. However, it said the spending will slow down to an average $10 billion each year between 2028 and 2030.

In July, the mining giant flagged a delay and a cost overrun of up to $1.7 billion at its key Jansen potash project in Canada, and also exited its interest in the $942 million Kabanga nickel project in Tanzania.

On Tuesday, it said it had agreed to sell copper assets in Brazil for up to $465 million.

(Reporting by Sameer Manekar and Roushni Nair in Bengaluru; Editing by Maju Samuel and Sonali Paul)

SAO PAULO (Reuters) -Global miner BHP has agreed to sell copper assets in Brazil to CoreX Holding for up to $465 million, it reported alongside its earnings on Monday.

BHP has entered into a binding agreement with CoreX for the sale of the so-called Carajas assets, BHP said, noting the transaction is expected to be completed in early 2026.

CoreX did not immediately respond to a request for comment.

"This transaction follows a strategic review in 2024, which concluded that the Carajas assets would benefit from owners prioritizing the operations and developing the assets to their full growth potential," BHP said.

Carajas produced 9,400 metric tons of copper in the 12 months through June, according to BHP.

Under the agreement, BHP will receive $240 million on the deal's completion and up to $225 million as contingent payments that could begin as early as 2027 based on a range of production and project-related targets.

(Reporting by Andre Romani in Sao Paulo and Marta Nogueira in Rio de Janeiro; Editing by Daina Beth Solomon and Kylie Madry)

Vancouver, British Columbia–(Newsfile Corp. – August 18, 2025) – Visionary Metals Corp. (TSXV: VIZ) ("Visionary" or the "Company") is pleased to announce that it has contracted Geotech Ltd. ("Geotech") to conduct a Versatile Time-Domain Electromagnetic (VTEM) survey across its 40 km² land package in Wyoming's Granite Mountains. The VTEM survey, scheduled to begin this month, is designed to detect possible sulfide mineralization in outcrop and under post-Archean cover occurrences at depth and marks the first step in Visionary's recently announced, strategic Exploration Alliance with Teck Resources Limited ("Teck") to advance nickel exploration in Wyoming (See July 31st, 2025, Press Release).

"The VTEM survey is a significant first step as part of our recently announced Strategic Exploration Alliance with Teck," commented Wes Adams, CEO of Visionary Metals Corp. "Geotech's state-of-the-art data collection systems will significantly enhance our ability to detect conductive sulfide zones at depth at our flagship Tin Cup and King Solomon nickel projects and allow us to test additional regional prospects."

The VTEM survey will collect data from Visionary's entire 40 km² land package in Fremont County, Wyoming. It will focus on the Tin Cup project, where a 4.3-kilometer (km) by 150-meter (m) peridotite intrusion is in contact with sulfidic iron formation indicating strong nickel sulfide potential, and the King Solomon project, where Visionary made Wyoming's first nickel sulfide discovery in 2022. Flight lines will be flown at 100 m line spacing in these two areas to generate high resolution data for drill targeting and 200 m spaced lines will be used to test sulfide potential at earlier stage targets within Visionary's 40 km2 land package. Visionary has existing drill permits in place at King Solomon and plans to apply for new drill notifications at Tin Cup following interpretation of the VTEM survey data.

Regional Geology

Visionary's properties are located within Wyoming's Archean greenstone belt, which share several geological characteristics with other renowned nickel provinces, such as the Yilgarn Craton, in Australia. The VTEM survey is designed to detect conductive anomalies indicative of high-grade nickel sulfide deposits to depths up to 400 m. Teck will assist with data interpretation. Geotech's VTEM system is a leading airborne electromagnetic tool, renowned for detecting conductive mineral deposits like nickel sulfides at depths up to 400 meters. VTEM induces currents in subsurface conductors, mapping their size and location. This technology is particularly effective for identifying nickel sulfide systems in ultramafic rocks like peridotites, which are prevalent in Visionary's land package and thought to be analogous to other nickel districts of Archean age.

About Visionary Metals Corp.

Visionary Metals Corp. (TSXV: VIZ) is a Vancouver-based exploration company focused on base and precious metals exploration in Fremont County, Wyoming. With a 40 km² land package in the Granite Mountains, Visionary is advancing nickel, copper, gold, and cobalt projects, highlighted by Wyoming's first nickel discovery at King Solomon in 2022. The Company's exploration targets mirror the geological framework of Western Australia's Yilgarn Craton, positioning Visionary as a leader in Wyoming's nickel frontier.

About Geotech Ltd.

Geotech Ltd., based in Aurora, Ontario, is a global leader in airborne geophysical surveys, incorporated in 1981. Its proprietary VTEM system has mapped over two million line-kilometers worldwide, enabling the discovery of conductive mineral deposits like nickel, copper, and gold with unmatched precision.

Summary of Strategic Exploration Alliance with Teck

• Initial Funding: On August 1st, 2025, Teck bought 17,392,193 common shares of Visionary via private placement at $0.07 per share, providing $1,217,454 in gross proceeds, representing 9.9% of Visionary's issued and outstanding shares on a non-diluted basis. These proceeds will be used to fund initial exploration activities.

• Subsequent Funding: If Visionary completes an additional equity financing during the Alliance term, Teck may invest up to $500,000 on terms no less favorable than other investors, potentially increasing its ownership up to 19.9% on a partially diluted basis, subject to TSX Venture Exchange approval.

• Exploration Program: Visionary will manage exploration programs, incurring expenditures equal to or exceeding the combined proceeds from Teck's investment and any government grants during the Alliance period (ending December 31, 2026, subject to extensions). Teck may fund additional exploration through optional three-month extensions, contributing $300,000 per extension.

• Option for Teck: Teck has the exclusive option to earn a 70% interest in designated properties by incurring exploration expenditures within three years of designation, as follows:

  • Diamond Springs Property: $4,000,000, including a firm commitment of $500,000 within one year of designation.

  • King Solomon or Tin Cup Properties: $6,000,000 each, including a firm commitment of $750,000 within one year of designation.

  • Newly Designated Properties: $500,000, including a firm commitment of $100,000 within one year of designation.

  • Upon exercising the option, Teck will own 70% and Visionary 30% of the designated property, and the parties will form a joint venture. If Teck completes 50% of the required expenditures, but does not exercise the option, it will receive a 1% net smelter return ("NSR") royalty and rights to 50% of future concentrate production from the property.

• Joint Venture Terms: Post-option exercise, each party will fund its pro-rata share of expenditures, with dilution for non-contribution. If a party's interest falls below 20%, it converts to a 2% NSR royalty, with a buy-back right for 1% at US$4,000,000. The majority interest holder will operate the joint venture.

• Technical Oversight: A Technical Committee, with two representatives each from Visionary and Teck, will oversee exploration programs, with Teck holding a tie-breaking vote to ensure efficient decision-making.

For further information, please contact:Wes Adams, CEOVisionary Metals Corp.

407-325 Howe StreetVancouver, BC V6C 1Z7Tel: (303) 809-4668Email: wadams@visionarymetalscorp.com

Cautionary Statement Regarding Forward-Looking Information

This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

Forward-looking statements in this document include statements regarding the Company's expectations regarding the commencement and timing of the VTEMs survey as well as the efficacy thereof, subsequent funding, the completion of exploration activities, the exercise of any option by Teck and the funding related thereto and the entering into of any joint venture, the use of proceeds from any funding and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may choose to defer, accelerate or abandon its exploration plans; Teck may choose not to exercise any option; new laws or regulations and/or unforeseen events could adversely affect the Company's business and results of operations; stock markets have experienced volatility that often has been unrelated to the performance of companies and such volatility may adversely affect the price of the Company's securities regardless of its operating performance risks generally associated with the exploration for and production of resources; the uncertainty of estimates and projections relating to expenses; constraint in the availability of services; commodity price and exchange rate fluctuations; adverse weather conditions; and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks and other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262612

ST. HELIER, Jersey, August 18, 2025–(BUSINESS WIRE)–MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC)

MAC Copper Limited (NYSE:MTAL, ASX:MAC) ("MAC" or the "Company") is pleased to provide the following update on the proposed acquisition of 100% of the issued share capital in MAC by Harmony Gold (Australia) Pty Ltd (a wholly owned subsidiary of Harmony Gold Mining Company Limited (JSE:HAR, NYSE:HMY)) ("Harmony") by way of a Jersey law scheme of arrangement pursuant to Article 125 of the Companies (Jersey) Law 1991 (as amended) ("Scheme").

Capitalised terms used in this announcement have the meaning given to them in the Scheme Circular, a copy of which is attached to MAC’s announcement released on 31 July 2025.

Update on regulatory conditions precedent

MAC has been notified by Harmony that Harmony has received written notice under section 74(2) of the Foreign Acquisitions and Takeovers Act 1975 (Cth) on behalf of the Australian Federal Treasurer stating that the Commonwealth Government does not object to the Scheme.

Accordingly, the regulatory condition precedent in clause 3.1(c) of the Implementation Deed has now been satisfied and that all regulatory conditions to the Scheme have now been satisfied.

MAC CEO, Mick McMullen, commented:

"The receipt of regulatory approval from FIRB following the previously announced approval from SARB is another significant step towards implementation of the Transaction as all requisite regulatory approvals have now been obtained. We strongly encourage all shareholders to vote well ahead of the 26 August 2025 (for MAC CDI Holders) and 27 August 2025 cut-off (for MAC Shareholders and Scheme Shareholders). The MAC Directors remain unanimous in recommending that Scheme Shareholders vote in favour of the Scheme at the Court Meeting and that MAC Shareholders vote in favour of the General Meeting Resolution, in the absence of a Superior Proposal."

The Scheme remains subject to the Scheme and the General Meeting Resolution being approved by the requisite majorities of Scheme Shareholders and MAC Shareholders (as applicable) at the Meetings, certain specified conditions precedent to the Streams Restructure Deed being satisfied or waived, the Court sanctioning the Scheme at the Court Sanction Hearing and other customary Conditions set out in the Scheme Circular. As previously announced, the Restructuring Documents have been fully executed and the remaining deliverables to satisfy the Consents Condition are well underway.

Court Meeting and General Meeting

The Court Meeting and General Meeting will be held at 44 Esplanade, St Helier, Jersey JE4 PWG and online via the Virtual Meeting Platform at 12:30 pm (Jersey time) / 7:30 am (New York time) / 9:30 pm (Sydney time) on Friday, 29 August 2025 (for the Court Meeting) and at 1:00 pm (Jersey time) / 8:00 am (New York time) / 10:00 pm (Sydney time) on Friday, 29 August 2025 (for the General Meeting) (or as soon thereafter as the Court Meeting has concluded or been adjourned).

Each MAC Shareholder whose name appears on the Share Register at 4:00 pm (New York time) on Tuesday, 29 July 2025 will be entitled to attend and vote on all resolutions to be put to the Court Meeting and the General Meeting.

Further information

If, after reading the Scheme Circular, you have any questions about the Scheme or the Scheme Circular, please contact MAC’s proxy solicitation firm, Sodali & Co, at:

If you are a MAC Shareholder Call toll-free in US:+1 (800) 662-5200Outside of US:+1 (203) 658-9400

If you are a MAC CDI Holder Within Australia:1300 229 418Outside Australia:+61 2 9066 4059

This announcement has been authorised for release by Mick McMullen, CEO and Director.

About MAC Copper Limited

MAC Copper Limited (NYSE:MTAL; ASX:MAC) is a company focused on operating and acquiring metals and mining businesses in high quality, stable jurisdictions that are critical in the electrification and decarbonization of the global economy.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250818660821/en/

Contacts

Mick McMullenChief Executive Officer & DirectorMAC Copper Limitedinvestors@metalsacqcorp.com

Morné EngelbrechtChief Financial OfficerMAC Copper Limited

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

Melco Resorts & Entertainment Limited MLCO: This company which develops, owns and operates casino gaming and entertainment casino resort facilities primarily in Asia, has seen the Zacks Consensus Estimate for its current year earnings increasing 96% over the last 60 days.

Melco Resorts & Entertainment Limited Price and ConsensusMelco Resorts & Entertainment Limited Price and Consensus

Melco Resorts & Entertainment Limited price-consensus-chart | Melco Resorts & Entertainment Limited Quote

China Yuchai International CYD: This company which primarily manufactures and sells diesel engines for medium-duty trucks in China, has seen the Zacks Consensus Estimate for its current year earnings increasing 37.2% over the last 60 days.

China Yuchai International Limited Price and ConsensusChina Yuchai International Limited Price and Consensus

China Yuchai International Limited price-consensus-chart | China Yuchai International Limited Quote

Harmony Gold HMY: This company which conducts underground and surface gold mining with operations principally concentrated in South Africa, has seen the Zacks Consensus Estimate for its current year earnings increasing 17.8% over the last 60 days.

Harmony Gold Mining Company Limited Price and ConsensusHarmony Gold Mining Company Limited Price and Consensus

Harmony Gold Mining Company Limited price-consensus-chart | Harmony Gold Mining Company Limited Quote

Eni E: This company which is among the leading integrated energy players in the world, has seen the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 day.

Eni SpA Price and ConsensusEni SpA Price and Consensus

Eni SpA price-consensus-chart | Eni SpA Quote

Kimball Electronics KE: This company which operates as a contract manufacturer of durable electronics for the medical, automotive, industrial and public safety markets, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

Kimball Electronics, Inc. Price and ConsensusKimball Electronics, Inc. Price and Consensus

Kimball Electronics, Inc. price-consensus-chart | Kimball Electronics, Inc. Quote

 

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

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Harmony Gold Mining Company Limited (HMY) : Free Stock Analysis Report

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Melco Resorts & Entertainment Limited (MLCO) : Free Stock Analysis Report

China Yuchai International Limited (CYD) : Free Stock Analysis Report

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

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BHP Group Limited (NYSE:BHP) is among the 12 Best Australian Stocks to Buy Right Now. On August 11, the company announced that it would be part of an industry consortium to assess the development of Carbon Capture, Utilisation and Storage (CCUS) hubs across Asia.

A close up of the hand of a financial analyst, holding a copy of a report from a rating agency.

The consortium will comprise leading steelmakers, including ArcelorMittal Nippon Steel India, Hyundai Steel Company, JSW Steel, and value chain players BHP Group Limited (NYSE:BHP), Chevron, and Mitsui & Co., Ltd. The first of its kind industry-led study in Asia will investigate the commercial and technical pathways to utilising CCUS in hard-to-abate sectors across the continent.

According to BHP Group Limited (NYSE:BHP)’s press release, the research will focus on the potential for large-scale projects that could store or repurpose captured CO2. The study will also seek applications for the use of captured CO2 in industrial processes or its transportation to Asia or Northern Australia through pipeline or shipping.

The research will conclude in 2026 and is open to additional members wanting to join and contribute to the study. Dr Ben Ellis, Vice President of Marketing Sustainability at BHP Group Limited (NYSE:BHP) shared the following remarks on the announcement of the consortium:

“BHP is committed to supporting our steelmaking customers on their journey to decarbonise the industry.With more than 1 billion tonnes of production a year in Asia coming from blast furnace capacity that is relatively early in its production life, it’s important for industry to progress technologies to decarbonise existing steelmaking assets while new commercial pathways to decarbonise steelmaking are developed over time.

By leveraging shared knowledge and resources with our partners, we are investing in support for innovative solutions—like the potential of CCUS—that we see as an essential part of decarbonising hard-to-abate sectors such as steelmaking.”

While we acknowledge the potential of BHP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Best Large Cap Defense Stocks to Buy According to Analysts and 10 Best Low Priced Defense Stocks to Buy Now.

Disclosure: None.

Key Insights

• Institutions' substantial holdings in Freeport-McMoRan implies that they have significant influence over the company's share price

• The top 17 shareholders own 50% of the company

• Recent sales by insiders

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A look at the shareholders of Freeport-McMoRan Inc. (NYSE:FCX) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 87% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait.

Let's delve deeper into each type of owner of Freeport-McMoRan, beginning with the chart below.

See our latest analysis for Freeport-McMoRan

NYSE:FCX Ownership Breakdown August 17th 2025What Does The Institutional Ownership Tell Us About Freeport-McMoRan?

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 Freeport-McMoRan. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Freeport-McMoRan's earnings history below. Of course, the future is what really matters.

NYSE:FCX Earnings and Revenue Growth August 17th 2025

Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in Freeport-McMoRan. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 8.8%. With 7.4% and 6.8% of the shares outstanding respectively, BlackRock, Inc. and Capital Research and Management Company are the second and third largest shareholders.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 17 shareholders, meaning that no single shareholder has a majority interest in the ownership.

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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Freeport-McMoRan

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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 suggests that insiders own under 1% of Freeport-McMoRan Inc. in their own names. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own US$304m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.

General Public Ownership

The general public, who are usually individual investors, hold a 12% stake in Freeport-McMoRan. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Freeport-McMoRan better, we need to consider many other factors.

Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.

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.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.

Hudbay Minerals Inc. HBM has entered into a joint venture agreement with Mitsubishi Corporation MSBHF that will help advance its Copper World project in Arizona. Under the agreement, Mitsubishi will acquire a 30% minority stake for an initial cash contribution of $600 million.

Copper World is one of the highest-grade open-pit copper projects in the Americas, boasting proven and probable reserves of 385 million tons at 0.54% copper. Securing Mitsubishi as a 30% partner for Copper World will help HBM advance the project toward sanctioning and help unlock significant value in its copper growth portfolio. Notably, Mitsubishi is the strategic partner and has investments in some of the world’s large and high-quality copper assets.

Mitsubishi's $600 million initial investment will consist of $420 million at closing and $180 million within 18 months of closing. Mitsubishi will also fund its pro-rata 30% share of future equity capital contributions. This strategic deal will sharply reduce Hudbay Minerals’ upfront funding needed to develop the project.

HBM Secures Additional Value Through Wheaton Stream Amendment

Hudbay Minerals has also amended the existing precious metals streaming agreement with Wheaton Precious Metals WPM for 100% of the gold and silver produced at Copper World. In addition to the initial $230 million stream deposit, the revised deal with Wheaton provides an additional contingent payment of up to $70 million on a future potential mill expansion. Also, ongoing payments for gold and silver have been amended from fixed pricing to 15% of spot prices, giving HBM upside exposure to precious metals prices.

The combined impact of the Mitsubishi investment, pro-rata contributions and the amended Wheaton stream is expected to reduce Hudbay Mineral’s estimated share of remaining capital requirements to around $200 million, while deferring its first capital outlay until 2028.

Copper World Poised to be a Key Growth Driver for HBM

Hudbay Minerals plans to advance Copper World toward a sanction decision in 2026. Feasibility study for Copper World is underway with expected completion of a definitive feasibility study by mid-2026.

The mine is expected to produce 85,000 tons copper annually over an initial 20-year mine life. Once in production, Copper World is expected to boost Hudbay Mineral’s consolidated copper output by more than 50%.

Hudbay Minerals Delivers Solid Q2 Results

HudBay Minerals reported second-quarter 2025 earnings of 19 cents per share compared with break-even earnings per share a year ago. This was driven by higher gross margins and cost control.

The company reported revenues of $536.4 million, 26% higher than last year. Consolidated copper production was 29,956 tons and gold production was 56,271 ounces. The figures came in lower than the first quarter of 2025 due to the impacts of a temporary suspension of operations in Manitoba as a result of mandatory wildfire evacuation orders.

HBM, however, maintained its 2025 consolidated production guidance of 117,000-149,000 tons of copper and 247,500-308,000 ounces of gold.

A Quick Look at a Peer’s Q2 Performance

Freeport-McMoRan Inc. FCX reported adjusted earnings per share of 54 cents in the second quarter, a 17% increase year over year.

Freeport-McMoRan’s revenues rose roughly 14.5% year over year to $7,582 million. Copper production fell around 7.1% year over year to 963 million pounds in the reported quarter.

For full-year 2025, Freeport-McMoRan projects consolidated sales volumes at around 3.95 billion pounds of copper, 1.3 million ounces of gold and 82 million pounds of molybdenum.

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Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report

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Wheaton Precious Metals Corp. (WPM) : Free Stock Analysis Report

Mitsubishi Corp. (MSBHF) : Free Stock Analysis Report

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

Zacks Investment Research

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.

Freeport-McMoRan (FCX)

Based in Phoenix, AZ, Freeport-McMoRan Inc., formerly Freeport-McMoRan Copper & Gold Inc., is engaged in mineral exploration and development; mining and milling of copper, gold, molybdenum and silver; as well as the smelting and refining of copper concentrates. The company conducts its operations primarily through its principal operating subsidiaries, PT Freeport Indonesia (PT-FI), Freeport Minerals Corporation and Atlantic Copper. PT Freeport Indonesia’s principal asset is Papua, Indonesia-based Grasberg mine, which contains the world’s largest copper and gold reserves.

FCX boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Freeport-McMoRan are trading at a forward earnings multiple of 24.2X , as well as a PEG Ratio of 0.8, a Price/Cash Flow ratio of 13.9X, and a Price/Sales ratio of 2.4X.

Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Seven analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.1 to $1.75. FCX has an average earnings surprise of 10.4%.

FCX should be on investors' short list because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

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Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report

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Earnings season is winding down but there are still a number of companies due to report, along with key economic data and events on both sides of the Atlantic – including the Jackson Hole Symposium.

This year's Jackson Hole Symposium will see central bankers from around the world gather to discuss economic policy – an event that will be closely watched by investors for any signals on the US Federal Reserve's plans for future interest rate cuts.

Back in the UK, the focus will be on the latest inflation data, which has been ticking higher over the past couple of months.

In terms of earnings releases, investors will be looking at results from US retail giant Walmart (WMT), which is considered a barometer for consumer sentiment.

In the tech sector, US cybersecurity giant Palo Alto Networks (PANW) is set to report, with the stock having seen a couple of analyst ratings upgrades this week.

China's Baidu (9888.HK, BIDU) is another major tech company scheduled to report, having recently struck a deal with Uber (UBER) to deploy its autonomous cars on the ride-hailing platform across markets outside of the US and mainland China.

Here's more on what to look out for:

Jackson Hole Symposium – Takes place from Thursday 21 August to Saturday 23 August

The theme for this year's Jackson Hole event is "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy". This comes amid concerns about a cooling labour market, as economic uncertainty sees firms put off hiring decisions.

Central bankers keep a close eye on labour market data, which includes payroll numbers, unemployment rates, job vacancies and wage growth. This data helps inform their decisions on interest rates, as they seek to balance maintaining labour market health, with ensuring inflation continues to ease to the widely used 2% target.

This has been more challenging amid fears that US president Donald Trump's tariffs could weigh on economic growth but also drive inflation higher.

Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: "Although the effect of Trump’s tariffs on monetary policy will be the undercurrent theme, investors will be looking specifically for clues as to the Fed’s inclination to cut interest rates going forward."

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"Bets on a cut in September have increased sharply following a stable inflation reading for July and there will focus on what could lie ahead for borrowing costs," she said.

Data released on Tuesday showed that "core" inflation rose 0.3% in July, surpassing June's 0.2% uptick. On an annual basis, the core consumer prices index (CPI) reading came in at 3.1%, up from 2.9% in June.

Another inflation measure, the producer price index (PPI) came in hotter than expected in July, according to figures released on Thursday. US PPI for July showed inflation for businesses rose 0.9% over the prior month, well ahead of the 0.2% increase that was forecast. On an annual basis, prices rose 3.3%, which was also ahead of the 2.5% expected. This data dented investor hopes of a bigger 50-basis-point interest rate cut by the Fed.

In addition, Streeter said: "How to bolster productivity in an era of demographic change will also be a big focus of discussions, with labour markets around the world in a state of upheaval as population changes, tougher immigration laws and AI developments are set to be hugely disruptive in the years to come."

UK consumer price inflation – Data due out on Wednesday 20 August

Following a year-on-year uptick in the UK consumer prices index (CPI) to 3.6% in June from 3.4% in May, Streeter said that there is set to be a "steamier inflation reading for July".

"The Bank of England is now forecasting that CPI will hit a peak of 4% in September so, for now, it looks like the only way is up for prices," she said.

"Barclaycard data has shown that there was an uplift in card spending in July, especially around events like the Oasis tour," she added. "The hot but stormy weather also led to a spurt in clothing purchases. Wage inflation has remained sticky."

Office for National Statistics (ONS) data, released on Tuesday, showed that annual wage growth excluding bonuses came in at 5% in April to June, unchanged from the previous three months.

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"Although pay growth has slowed, it’s now static and is still outstripping inflation, so there’s a risk that firms will pass on heavier costs as higher prices," said Streeter.

"Unless there’s a marked and unexpected fall in inflation, the Bank of England looks set to stay cautious and delay another interest rate cut at least November or December."

Sanjay Raja, senior economist at Deutsche Bank (DBK.DE), said in a note on Friday that his team expect headline CPI to rise to 3.8% in July.

"July inflation will likely see price momentum rise further into uncomfortable territory," he said.

Walmart (WMT) – Releases second quarter earnings on Thursday 21 August

As the largest retailer in the US, Walmart (WMT) is consider to act as a bellwether for consumer health, so it's earnings are closely watched by investors.

Shares are up more than 11% year-to-date but edged lower after Walmart released a mixed set of first quarter results in May.

Walmart (WMT) posted first quarter revenue of $165.5bn (£122.02bn) , which was up 2.5% from the same period last year, though this missed Wall Street expectations of $166.02bn. Adjusted earnings per share grew 1.7% year over year to $0.61, beating estimates of $0.58. US same-store sales also beat expectations with a 4.5% increase, led by health and wellness, and groceries.

However, the retailer signalled that there could be more pain ahead. In an earnings call, Walmart (WMT) CEO Doug McMillon said: "We will do our best to keep our prices as low as possible, but given the magnitude of the tariffs, even at the reduced levels announced this week, we aren't able to absorb all the pressure given the reality of narrow retail margins."

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John David Rainey, chief financial officer of Walmart (WMT), said in the earnings release that the company had decided to hold off on providing a specific range of guidance for operating income growth and earnings per share for the second quarter, given the "dynamic nature of the backdrop".

Walmart (WMT) did guide to net sales growth of 3.5% to 4.5% for the quarter, based on the $167.8bn it reported a year ago.

AJ Bell's (AJB.L) investment director Russ Mould and head of financial analysis Danni Hewson said that analysts expect a headline figure for net sales of $174bn.

"That turns into a consensus analysts’ forecasts for [net profit in] the second quarter of $5.8bn, and a headline earnings per share (EPS) figure of $0.72, up from $0.67 a year ago," they said.

"For the full year to January 2026, Walmart has thus far guided to a net sales increase on a constant currency basis of 3% to 4% and analysts’ headline estimate for the top line is $699bn," they added. "Management expects full-year EPS to come in between $2.50 and $2.60, and the current analysts’ consensus is $2.58."

Palo Alto Networks (PANW) – Releases fourth quarter earnings on Monday 18 August

Ahead of the release of its fourth quarter earnings, Palo Alto Networks (PANW) has seen two analyst rating upgrades this week.

Analysts at Piper Sandler (PIPR) upgraded their rating on Palo Alto (PANW) to "overweight" and raised their price target on the stock from $200 to $225, according to data gathered by Yahoo Finance.

The shares are currently down 4.6% year-to-date, with the stock having closed Thursday's session at $173.55 per share.

Deutsche Bank (DBK.DE) also upgraded its rating to a "buy" and raised its price target from $200 to $220.

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Brad Zelnick, managing director, software equity research at Deutsche Bank (DBK.DE), said in a note on Wednesday that his team upgraded the stock given its "thoughts on the health of the business, quality of its leadership, and forward prospects for the announced acquisition of CyberArk (CYBR)".

Palo Alto (PANW) announced at the end of July that it had agreed to buy Israeli rival CyberArk in a $25bn deal.

"With the stock underperforming broader cyber by 15% YTD and 11% since credible speculation of the acquisition, we think investor concerns are overblown," said Zelnick.

Shares in the Palo Alto (PANW) came under pressure following the release of its third quarter earnings in May, as the results failed to impress investors.

The cybersecurity company's third quarter revenue came in at $2.3bn, just above expectations, while adjusted earnings per share (EPS) were $0.80.

For the fourth quarter, Palo Alto (PANW) guided to total revenue in the range of $2.49bn to $2.51bn, representing year-over-year growth of between 14% and 15%.

Baidu (9888.HK, BIDU) – Releases second quarter earnings on Wednesday 20 August

In July, Baidu (9888.HK, BIDU) and ride-hailing app Uber (UBER) announced a multi-year partnership to deploy thousands of the Chinese company's Apollo Go autonomous vehicles on the Uber platform across multiple global markets.

The companies said that the first deployments are expected in Asia and the Middle East later this year.

Baidu's (9888.HK, BIDU) Hong Kong-listed shares rose following the news, though the stock is still trading just 5.3% in the green year-to-date.

In terms of financial performance, Baidu's (9888.HK, BIDU) total revenue was up 3% year-on-year in the first quarter to $4.47bn, though adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) were down 13% year-on-year at $993m.

Read more: EU economic growth slows to 0.2% in second quarter

Robin Li, CEO of Baidu (9888.HK, BIDU), said that 7% growth in the company's core revenue was "driven by the accelerating momentum" of its AI cloud business.

"The strong performance of our AI cloud business underscores the growing market recognition of our distinctive strength in providing full-stack AI products and solutions with a highly competitive price-performance advantage," he said. "We also achieved a pivotal milestone in our robotaxi business, as Apollo Go expanded internationally by entering Dubai and Abu Dhabi."

"We are confident that our AI-first strategy positions us to remain at the forefront and to capture long-term growth opportunities in the AI era," Li added.

Other companies reporting next week include:

Monday 18 August

BATM Communications (BVC.L)

Thungela Resources (TGA.L)

Tuesday 19 August

IWG (IWG.L)

Tribal (TRB.L)

BHP (BHP.L)

Xiaomi (1810.HK)

Coloplast (COLO-B.CO)

Home Depot (HD)

Medtronic (MDT)

Amer Sports (AS)

Toll Brothers (TOL)

Wednesday 20 August

OSB (OSB.L)

Costain (COST.L)

Ithaca Energy (ITH.L)

Kenmare Resources (KMR.L)

Hong Kong Exchanges (0388.HK)

DFDS (DFDS.CO)

Lowe’s (LOW)

Analog Devices (ADI)

Estée Lauder (EL)

Coty (COTY)

Thursday 21 August

Hays (HAS.L)

Brambles (BXB.AX)

AIA (1299.HK)

Aegon (AGN.AS)

GN Store Nord (GN.CO)

Tessenderlo (TESB.BR)

Zoom Communications (ZM)

Dollar Tree (DLTR)

Friday 22 August

Meituan (3690.HK)

GoldFields (GFI.JO)

You can read Yahoo Finance's full calendar here.

Read more:

• Bank of England cuts gilt holdings by £32.5bn in second quarter

• The most popular stocks and funds investors bought in July

• UK job market continues to weaken as vacancies fall

Download the Yahoo Finance app, available for Apple and Android.

Written by Amy Legate-Wolfe at The Motley Fool Canada

If you’ve got $5,000 to invest and a decade to let it work, one name on the TSX stands out. This is a stock known for its operational momentum, long-term growth potential, and a valuation that still leaves room for upside. That’s Lundin Mining (TSX:LUN). The dividend stock quietly climbed more than 22% over the past year, rising from $8.94 to just under $15.75. Yet that move only tells part of the story. This is a copper-heavy producer with ambitions to become one of the world’s top 10 copper miners. And its recent performance suggests it’s not just talk.

What happened

In the past 12 months, Lundin stock has been busy reshaping its portfolio. The $1.4 billion sale of its European assets allowed it to pay off its term loan and bring net debt (excluding leases) down to just $135 million. This was a dramatic improvement in balance sheet flexibility. That’s especially important as the company pursues its massive Vicuña Project. This could eventually produce more than 500,000 tonnes of copper annually alongside significant gold and silver output.

Furthermore, in the second quarter of 2025, the dividend stock reaffirmed its full-year production guidance and even lowered cash cost projections. That’s thanks in part to strong performance at its Chapada mine, where costs hit their lowest level since 2021.

Operationally, Lundin stock is firing on multiple fronts. Q2 revenue came in at $937 million, up nearly 7% year over year, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose to $394.7 million from continuing operations. Free cash flow (FCF) from operations was $211 million despite heavier-than-usual tax payments at Candelaria. Copper production reached 80,073 tonnes for the quarter, supported by healthy gold and nickel output. Chapada was a standout, producing over 11,000 tonnes of copper and more than 17,500 ounces of gold at cash costs of just $0.75 per pound. Even at Caserones, where grades were lower, cost reductions and favourable currency effects helped the bottom line.

More to come

The strategic case for Lundin stock over the next decade is rooted in copper demand. With electrification trends, renewable energy buildouts, and global infrastructure spending all requiring more copper, producers with long-life, low-cost assets are well-positioned. Lundin’s existing operations provide steady cash flow today. Meanwhile, its brownfield expansions and the Vicuña Project could transform its scale by the early 2030s. That growth pipeline is being developed with discipline, supported by a five-year outlook showing the ability to fund projects. All while maintaining shareholder returns through dividends and buybacks.

Of course, there are risks. Copper prices can be volatile, and Lundin’s earnings are sensitive to both commodity swings and operational hiccups at key mines. Large-scale projects like Vicuña carry execution and cost overrun risks, and while the balance sheet is much stronger now, funding billions in future capex will require careful capital allocation. There’s also the challenge of integrating production from multiple jurisdictions with different regulatory and political environments.

Still, for an investor with $5,000 and a 10-year timeframe, those risks may be worth taking. At a forward price-to-earnings (P/E) of about 21, the market seems to be pricing in steady performance but not fully reflecting the upside from Lundin’s long-term expansion. If copper prices remain supportive, or climb further, earnings could grow faster than expected, making today’s valuation look cheap in hindsight.

Bottom line

With a small but consistent dividend, a clear growth strategy, and operational results that are trending in the right direction, Lundin stock offers a compelling mix of current stability and future potential. The next decade could see it transform from a mid-tier producer into a global copper heavyweight, and getting in before that transition is fully priced in could make all the difference for patient investors.

The post $5,000 and a Decade to Invest? One Undervalued Canadian Stock to Consider Now appeared first on The Motley Fool Canada.

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• 10 Stocks Every Canadian Should Own in 2025

• 3 Canadian Companies Powering the AI Revolution

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2025

RBC Capital Markets on Thursday recapped the earnings results of North American base metals equities

TSX:LUN 1 Year Share Price vs Fair Value

Explore Lundin Mining's Fair Values from the Community and select yours

Lundin Mining Corporation (TSE:LUN) recently posted some strong earnings, and the market responded positively. We have done some analysis, and we found several positive factors beyond the profit numbers.

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TSX:LUN Earnings and Revenue History August 15th 2025

In order to understand the potential for per share returns, it is essential to consider how much a company is diluting shareholders. Lundin Mining expanded the number of shares on issue by 10% over the last year. Therefore, each share now receives a smaller portion of profit. To celebrate net income while ignoring dilution is like rejoicing because you have a single slice of a larger pizza, but ignoring the fact that the pizza is now cut into many more slices. You can see a chart of Lundin Mining's EPS by clicking here.

How Is Dilution Impacting Lundin Mining's Earnings Per Share (EPS)?

Unfortunately, Lundin Mining's profit is down 78% per year over three years. The good news is that profit was up 27% in the last twelve months. On the other hand, earnings per share are only up 21% over the same period. Therefore, the dilution is having a noteworthy influence on shareholder returns.

In the long term, earnings per share growth should beget share price growth. So Lundin Mining shareholders will want to see that EPS figure continue to increase. But on the other hand, we'd be far less excited to learn profit (but not EPS) was improving. For that reason, you could say that EPS is more important that net income in the long run, assuming the goal is to assess whether a company's share price might grow.

That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.

How Do Unusual Items Influence Profit?

On top of the dilution, we should also consider the US$247m impact of unusual items in the last year, which had the effect of suppressing profit. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. If Lundin Mining doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year.

Our Take On Lundin Mining's Profit Performance

To sum it all up, Lundin Mining took a hit from unusual items which pushed its profit down; without that, it would have made more money. But unfortunately the dilution means that shareholders now own a smaller proportion of the company (assuming they maintained the same number of shares). That will weigh on earnings per share, even if it is not reflected in net income. After taking into account all these factors, we think that Lundin Mining's statutory results are a decent reflection of its underlying earnings power. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. While conducting our analysis, we found that Lundin Mining has 1 warning sign and it would be unwise to ignore this.

Our examination of Lundin Mining has focussed on certain factors that can make its earnings look better than they are. But there is always more to discover if you are capable of focussing your mind on minutiae. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful.

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

The Canadian market has shown resilience with improved labour productivity and a healthy rise in hourly compensation, which is helping to support consumer spending and the broader economy. In light of these conditions, investors might find value in exploring opportunities beyond the established giants. Penny stocks, though an older term, continue to hold relevance as they often represent smaller or newer companies with potential for growth; here we examine three such stocks that demonstrate strong financial fundamentals.

Top 10 Penny Stocks In Canada

Name	Share Price	Market Cap	Financial Health Rating
Westbridge Renewable Energy (TSXV:WEB)	CA$0.61	CA$61.7M	★★★★★★
CEMATRIX (TSX:CEMX)	CA$0.31	CA$48.06M	★★★★★★
Fintech Select (TSXV:FTEC)	CA$0.04	CA$2.8M	★★★★★★
Findev (TSXV:FDI)	CA$0.43	CA$12.75M	★★★★★★
Thor Explorations (TSXV:THX)	CA$0.885	CA$578.81M	★★★★★★
Automotive Finco (TSXV:AFCC.H)	CA$0.94	CA$18.63M	★★★★★★
Amerigo Resources (TSX:ARG)	CA$2.08	CA$335.9M	★★★★★☆
Pulse Seismic (TSX:PSD)	CA$3.76	CA$192.36M	★★★★★★
Hemisphere Energy (TSXV:HME)	CA$1.94	CA$186.17M	★★★★★★
McChip Resources (TSXV:MCS)	CA$1.47	CA$8.39M	★★★★★★

Click here to see the full list of 430 stocks from our TSX Penny Stocks screener.

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

ACT Energy Technologies

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

Overview: ACT Energy Technologies Ltd. offers directional drilling services to oil and natural gas companies in Canada and the United States, with a market capitalization of CA$159.83 million.

Operations: The company generates CA$523.90 million in revenue from its directional drilling services provided to oil and natural gas sectors in Canada and the United States.

Market Cap: CA$159.83M

ACT Energy Technologies Ltd. has shown stable weekly volatility over the past year, with its interest payments well-covered by EBIT at 5 times coverage and a satisfactory net debt to equity ratio of 27.4%. Despite a recent net loss of CA$9.96 million for Q2 2025, the company maintains high-quality earnings and experienced management. Its short-term assets exceed both short-term and long-term liabilities, indicating financial stability. However, earnings growth has decelerated compared to its five-year average, and analysts forecast a slight decline in earnings over the next three years. The company also announced a share repurchase program recently.

• Jump into the full analysis health report here for a deeper understanding of ACT Energy Technologies.

• Explore ACT Energy Technologies’ analyst forecasts in our growth report.

TSX:ACX Financial Position Analysis as at Aug 2025Forsys Metals

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

Overview: Forsys Metals Corp. focuses on the acquisition, exploration, and development of uranium mineral properties in Africa and has a market cap of CA$117.98 million.

Operations: Currently, there are no reported revenue segments for the company.

Market Cap: CA$117.98M

Forsys Metals Corp., a pre-revenue company with a market cap of CA$117.98 million, is advancing its Namibplaas uranium property in Namibia through an extensive 64-hole drill program aimed at upgrading resource classification and expanding potential mineralization. Despite being debt-free with short-term assets exceeding liabilities, Forsys faces financial challenges, including less than a year of cash runway and increasing losses over the past five years. Recent earnings reports show consistent net losses, while its share price remains highly volatile. The management team is experienced, providing some stability amid these operational hurdles as they focus on long-term project development.

• Click here to discover the nuances of Forsys Metals with our detailed analytical financial health report.

• Gain insights into Forsys Metals’ past trends and performance with our report on the company’s historical track record.

TSX:FSY Debt to Equity History and Analysis as at Aug 2025Leading Edge Materials

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

Overview: Leading Edge Materials Corp. focuses on the exploration and development of resource properties in Sweden and Romania, with a market cap of CA$35.99 million.

Operations: There are no reported revenue segments for this company.

Market Cap: CA$35.99M

Leading Edge Materials Corp., with a market cap of CA$35.99 million, remains pre-revenue as it explores resource properties in Sweden and Romania. Despite being debt-free, the company’s short-term assets do not cover its long-term liabilities, though they exceed short-term obligations. Recent private placements raised up to CA$4 million to extend its cash runway beyond the current four months. The company’s stock has experienced high volatility, with weekly fluctuations still above most Canadian stocks despite some reduction over the past year. Management and board experience lend stability as they navigate financial challenges amid ongoing exploration efforts.

• Click to explore a detailed breakdown of our findings in Leading Edge Materials’ financial health report.

• Review our historical performance report to gain insights into Leading Edge Materials’ track record.

TSXV:LEM Debt to Equity History and Analysis as at Aug 2025Taking Advantage

• Discover the full array of 430 TSX Penny Stocks right here.

• Ready To Venture Into Other Investment Styles? AI is about to change healthcare. These 27 stocks are working on everything from early diagnostics to drug discovery. The best part – they are all under $10b in market cap – there’s still time to get in early.

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

Companies discussed in this article include TSX:ACX TSX:FSY and TSXV:LEM.

This article was originally published by Simply Wall St.

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

Freeport-McMoRan (NYSE:FCX) just gave the copper market a bit of breathing room. The mining giant is offloading more ore than anyone expected after an oxygen plant problem at its PT Smelting facility in Indonesia stretched a planned four-week shutdown.

• Warning! GuruFocus has detected 5 Warning Sign with UNH.

That smelter usually processes material from Freeport's massive Grasberg copper-gold mine, but with operations on hold, the company suddenly has about 100,000 tons of copper concentrate ready to go. They're moving fast too the shipments need to clear before a short-term export license expires in mid-September.

It's not a game-changer for the global copper market, but for smelters scrambling for raw material after a big jump in processing capacity worldwide, it's a welcome dose of supply.

This article first appeared on GuruFocus.

For Immediate Release

Chicago, IL – August 15, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Merck & Co., Inc. MRK, Palo Alto Networks, Inc. PANW, Freeport-McMoRan Inc. FCX and Espey Mfg. & Electronics Corp. ESP.

Here are highlights from Thursday’s Analyst Blog:

Top Analyst Reports for Merck, Palo Alto and Freeport

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including Merck & Co., Inc., Palo Alto Networks, Inc. and Freeport-McMoRan Inc., as well as a micro-cap stock Espey Mfg. & Electronics Corp.. The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.

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 >>>

Ahead of Wall Street

The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens, attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.

You can read today's AWS here >>> Economic Data at 3-Year Highs: PPI, Jobless Claims

Today's Featured Research Reports

Shares of Merck have underperformed the Zacks Large Cap Pharmaceuticals industry over the year-to-date period (-15.7% vs. -4.2%). Rising competitive and generic pressure on some drugs and persistent challenges for Gardasil in China remain overhangs for the company. There are concerns about Merck's ability to successfully navigate the Keytruda loss of exclusivity and potential competition for the drug.

Nevertheless, Merck's second-quarter earnings beat estimates while sales met. Its blockbuster drug, Keytruda, and new products have been driving sales. With label expansion into new indications, particularly earlier-stage launches, Keytruda is expected to see continued growth.

Animal health is also contributing to growth. Merck has been making meaningful pipeline progress. It is also actively pursuing M&A deals to enhance its pipeline and diversify away from Keytruda.

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

Palo Alto's shares have gained +2.6% over the past year against the Zacks Security industry's gain of +21%. The company has been benefiting from continuous deal wins and the increasing adoption of its next-generation security platforms, which are attributable to the rise of the hybrid work trend and the heightened need for stronger security.

PANW's strong back-to-back quarterly performances reflect its sustained focus on product innovation, a shift in its business model to subscription-based services, platform integration and continued investments in the go-to-market strategy. The normalization of the supply chain is also aiding growth across the Products, Services and Subscription segments.

However, softening IT spending amid macroeconomic headwinds may hurt its near-term prospects. Forex headwinds and higher marketing and sales expenses are likely to continue hurting its profitability. Also, high acquisition-related expenses are denting margins.

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

Shares of Freeport have outperformed the Zacks Mining – Non Ferrous industry over the year-to-date period (+11% vs. +6.8%). The company's adjusted earnings and sales for the second quarter beat the respective Zacks Consensus Estimate. Freeport is conducting exploration activities near existing mines to expand reserves. It is expected to gain from progress in exploration activities that will boost production capacity.

Freeport is executing several smelter projects in Indonesia. It is also well-positioned to benefit from automotive electrification, which is positive for copper, as electric vehicles are copper-intensive. The company's efforts to reduce debt are also encouraging.

However, weak copper volumes may also hurt its performance. Sizable capital spending is also likely to impact free cash flow generation. Copper prices also remain volatile amid trade uncertainties.

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

Espey Mfg. & Electronics' shares have outperformed the Zacks Electronics – Military industry over the year-to-date period (+59.6% vs. -20.7%). This microcap company with a market capitalization of $134.46 million posted strong YTD FY25 results, with revenue up 26.7% to $34.4 million, driven by defense power supply programs and improved gross margins. Its record $138 million backlog — anchored by long-term contracts and key customer relationships — provides multi-year revenue visibility, with nearly half scheduled beyond FY26.

Strategic wins include $49.3 million in multi-year contracts for the U.S. Navy's Columbia-class submarines, supporting long-term positioning in electrification systems. A debt-free balance sheet, $28.3 million in liquidity, and $10.8 million in federal funding for capacity upgrades enhance strategic flexibility and throughput.

Espey benefits from defense modernization tailwinds, especially in naval and airborne electrification. However, risks include persistent margin headwinds from early-stage programs, fixed cost pressures, and high customer concentration.

(You can read the full research report on Espey Mfg. & Electronics here >>>)

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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Merck & Co., Inc. (MRK) : Free Stock Analysis Report

Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report

Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report

Espey Mfg. & Electronics Corp. (ESP) : Free Stock Analysis Report

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

Zacks Investment Research

Freeport-McMoRan (FCX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this mining company have returned -2.8% over the past month versus the Zacks S&P 500 composite's +3.5% change. The Zacks Mining – Non Ferrous industry, to which Freeport-McMoRan belongs, has lost 3.6% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate Revisions

Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Freeport-McMoRan is expected to post earnings of $0.50 per share for the current quarter, representing a year-over-year change of +31.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -11.4%.

For the current fiscal year, the consensus earnings estimate of $1.75 points to a change of +18.2% from the prior year. Over the last 30 days, this estimate has changed -0.4%.

For the next fiscal year, the consensus earnings estimate of $2.31 indicates a change of +32.4% from what Freeport-McMoRan is expected to report a year ago. Over the past month, the estimate has changed +1.3%.

With an impressive externally audited track record, our proprietary stock rating tool — the Zacks Rank — is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Freeport-McMoRan.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS12-month consensus EPS estimate for FCXProjected Revenue Growth

Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Freeport-McMoRan, the consensus sales estimate for the current quarter of $6.98 billion indicates a year-over-year change of +2.8%. For the current and next fiscal years, $27.52 billion and $30.1 billion estimates indicate +8.1% and +9.4% changes, respectively.

Last Reported Results and Surprise History

Freeport-McMoRan reported revenues of $7.58 billion in the last reported quarter, representing a year-over-year change of +14.5%. EPS of $0.54 for the same period compares with $0.46 a year ago.

Compared to the Zacks Consensus Estimate of $7.12 billion, the reported revenues represent a surprise of +6.47%. The EPS surprise was +17.39%.

Over the last four quarters, Freeport-McMoRan surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.

Valuation

Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Freeport-McMoRan is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom Line

The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Freeport-McMoRan. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

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Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report

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

Zacks Investment Research

Written by Adam Othman at The Motley Fool Canada

Dips in the stock market often prompt many investors to take their money out of the market and park it somewhere they feel might be safer. As of this writing, the S&P/TSX Composite Index seems to be doing really well. The benchmark index for the Canadian stock market is up by over 25% from its 52-week low, indicating a bull market.

Despite the broader market being on the uptick, not every stock has been performing well. Savvier investors know that some of the best opportunities to invest in high-quality businesses is at lower prices. One Canadian stock that seems to be going against the broader market trend is Teck Resources Ltd. (TSX:TECK.B).

While down considerably from its 52-week high, this TSX copper stock boasts strong long-term growth potential. Today, we’ll take a look at why it might be an excellent pick for your self-directed portfolio despite its recent performance.

Teck Resources

Teck is a diversified mining company headquartered in Vancouver with a $21.9 billion market capitalization. The company’s core focus is on metallurgical resources, followed by copper and zinc, and it has oil sands operations in Canada, the US, Chile, and Peru. The company is ranked the second-largest seaborne metallurgical coal exporter and a top-three zinc mining company.

The company’s fiscal report for 2024 saw it post $283 million in net income and $9.1 billion in revenue. All the commodities it produces are essential materials for various applications, ranging from infrastructure to electric vehicles. The global demand for copper and zinc is only expected to grow in the coming years. The rising demand should, in turn, benefit the company and its investors.

The April 2025-ending first quarter for fiscal 2025 saw Teck report a 41.4% year-over-year increase in its revenue, hitting $2.3 billion compared to $1.6 billion from the same period last year. One of the reasons contributing to its performance on the stock market is the fine the company faces for lead and selenium contamination in British Columbia. The pollution issues its operations cause are a risk to its costs and reputation.

Foolish takeaway

Why might Teck Resources stock be a good investment, you ask? I think its focus on producing copper and zinc might be the best reason. Teck offloaded its steelmaking coal business a little over a year ago to focus more on zinc and copper. Thermal coal prices are volatile, limiting the company’s exposure to it. Meanwhile, copper and zinc are expected to become increasingly expensive in the coming years.

The long-term view is that green energy and infrastructure requirements will increase demand for the commodities it produces. Higher prices for the underlying commodity mean better margins for the mining company.

Despite all the potential positives, Teck isn’t a risk-free investment. Environmental regulations can change, and so can commodity prices. If the demand for electric vehicles slows down, the demand for copper might soften. However, the industry trends as we see them today point toward a better future for copper mining companies. Teck Resources offers diversified exposure to a wide mix of commodities with potentially high long-term-demand commodities. It can be a good investment at current levels.

The post Copper Price Changes: 1 Magnificent Copper Stock to Buy appeared first on The Motley Fool Canada.

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2025

Applied Industrial Technologies AIT reported fourth-quarter fiscal 2025 (ended June 30, 2025) earnings of $2.80 per share, which surpassed the Zacks Consensus Estimate of $2.60. The bottom line increased 5.9% year over year.Net revenues of $1.22 billion beat the consensus estimate of $1.18 billion. The top line increased 5.5% year over year. Acquisitions boosted the top line by 6.5% while foreign-currency translation had a negative impact of 0.4%. Organic sales increased 0.2% year over year. Selling days had an adverse impact of 0.8%.For fiscal 2025, AIT reported net revenues of $4.6 billion, which increased 1.9% year over year. The company’s adjusted earnings were $10.12 per share, up 3.8% year over year.

Segmental Discussion

The Service Center-Based Distribution segment’s revenues, which contributed 66% to net revenues, totaled $779.2 million. On a year-over-year basis, the segment’s revenues decreased 1.5%. Our estimate for segmental revenues was $797.3 million. Organic sales decreased 0.4%. Foreign currency translation lowered sales by 0.6% while acquisitions boosted sales by 0.3%. Selling days had an unfavorable impact of 0.8% year over year. Segmental revenues were impacted by muted end-market demand.The Engineered Solutions segment’s revenues (formerly the Fluid Power & Flow Control segment), which contributed 34% to net revenues, totaled $445.5 million. On a year-over-year basis, the segment’s revenues increased 20.7%. Our estimate for the segment’s revenues was $382.1 million.Acquisitions boosted the top line by 19.7%. Organic sales increased 1.8% driven by an increase in order rate and solid demand across key growth verticals, including technology & automation. Selling days had an adverse impact of 0.8% year over year.

Applied Industrial Technologies, Inc. Price, Consensus and EPS Surprise

Applied Industrial Technologies, Inc. price-consensus-eps-surprise-chart | Applied Industrial Technologies, Inc. Quote

AIT’s Margin Profile

In the quarter, Applied Industrial’s cost of sales was up 5.7% year over year to $850 million. Gross profit was $374.7 million, up 5.2% from the year-ago quarter. The gross margin decreased to 30.6% from 30.7% in the year-ago quarter. Selling, distribution and administrative expenses (including depreciation) increased 10.5% year over year to $239.7 million. EBITDA was $153 million, reflecting a decrease of 0.3%.

AIT’s Balance Sheet & Cash Flow

In fiscal 2025, Applied Industrial had cash and cash equivalents of $388.4 million compared with $460.6 million at the end of fiscal 2024. Long-term debt was $572.3 million, in line with the figure reported at the end of the prior fiscal year.In the fiscal year, it generated net cash of $492.4 million from operating activities, indicating an increase of 32.6% from the year-ago quarter. Capital expenditures totaled $27.2 million, up 9.3% year over year. Free cash flow increased 34.2% year over year to $465.2 million.In fiscal 2025, AIT rewarded its shareholders with dividends of $63.7 million, up 14% year over year.

Applied Industrial’s Guidance

For fiscal 2026 (ending June 2026), Applied Industrial anticipates adjusted earnings to be in the range of $10-$10.75 per share. The Zacks Consensus Estimate for adjusted earnings is pegged at $10.52 per share. The company currently anticipates sales to increase in the range of 4-7% year over year. AIT expects the EBITDA margin to be in the range of 12.2-12.5%.

AIT’s Zacks Rank & Stocks to Consider

The company currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Performance of Other Companies

Dover Corporation DOV reported earnings of $2.44 per share in second-quarter 2025, beating the Zacks Consensus Estimate of $2.39. This compares with earnings of $2.36 per share a year ago.Dover posted revenues of $2.05 billion in the quarter, surpassing the Zacks Consensus Estimate by 0.6%. This compares with year-ago revenues of $2.18 billion.Teck Resources Limited TECK came out with earnings of $0.27 per share in the second quarter of 2025, beating the Zacks Consensus Estimate of $0.2. This compares with earnings of $0.58 per share a year ago.Teck Resources posted revenues of $1.46 billion in the quarter, missing the Zacks Consensus Estimate by 8.7%. This compares with year-ago revenues of $2.83 billion. Packaging Corporation of America PKG reported earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.44. This compares with earnings of $2.2 per share a year ago.Packaging Corp. posted revenues of $2.17 billion in the quarter, surpassing the Zacks Consensus Estimate by 0.5%. This compares with year-ago revenues of $2.08 billion.

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Dover Corporation (DOV) : Free Stock Analysis Report

Applied Industrial Technologies, Inc. (AIT) : Free Stock Analysis Report

Packaging Corporation of America (PKG) : Free Stock Analysis Report

Teck Resources Ltd (TECK) : Free Stock Analysis Report

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

Zacks Investment Research

Thursday, August 14, 2025The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including Merck & Co., Inc. (MRK), Palo Alto Networks, Inc. (PANW) and Freeport-McMoRan Inc. (FCX), as well as a micro-cap stock Espey Mfg. & Electronics Corp. (ESP). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.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 >>> Ahead of Wall StreetThe daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens,  attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.You can read today's AWS here >>> Economic Data at 3-Year Highs: PPI, Jobless ClaimsToday's Featured Research ReportsShares of Merck have underperformed the Zacks Large Cap Pharmaceuticals industry over the year-to-date period (-15.7% vs. -4.2%). Rising competitive and generic pressure on some drugs and persistent challenges for Gardasil in China remain overhangs for the company. There are concerns about Merck’s ability to successfully navigate the Keytruda loss of exclusivity and potential competition for the drug. Nevertheless, Merck’s second-quarter earnings beat estimates while sales met. Its blockbuster drug, Keytruda, and new products have been driving sales. With label expansion into new indications, particularly earlier-stage launches, Keytruda is expected to see continued growth. Animal health is also contributing to growth. Merck has been making meaningful pipeline progress. It is also actively pursuing M&A deals to enhance its pipeline and diversify away from Keytruda.(You can read the full research report on Merck here >>>)Palo Alto’s shares have gained +2.6% over the past year against the Zacks Security industry’s gain of +21%. The company has been benefiting from continuous deal wins and the increasing adoption of its next-generation security platforms, which are attributable to the rise of the hybrid work trend and the heightened need for stronger security.PANW’s strong back-to-back quarterly performances reflect its sustained focus on product innovation, a shift in its business model to subscription-based services, platform integration and continued investments in the go-to-market strategy. The normalization of the supply chain is also aiding growth across the Products, Services and Subscription segments. However, softening IT spending amid macroeconomic headwinds may hurt its near-term prospects. Forex headwinds and higher marketing and sales expenses are likely to continue hurting its profitability. Also, high acquisition-related expenses are denting margins.(You can read the full research report on Palo Alto here >>>)Shares of Freeport have outperformed the Zacks Mining – Non Ferrous industry over the year-to-date period (+11% vs. +6.8%). The company’s adjusted earnings and sales for the second quarter beat the respective Zacks Consensus Estimate. Freeport is conducting exploration activities near existing mines to expand reserves. It is expected to gain from progress in exploration activities that will boost production capacity. Freeport is executing several smelter projects in Indonesia. It is also well-positioned to benefit from automotive electrification, which is positive for copper, as electric vehicles are copper-intensive. The company's efforts to reduce debt are also encouraging. However, weak copper volumes may also hurt its performance. Sizable capital spending is also likely to impact free cash flow generation. Copper prices also remain volatile amid trade uncertainties.(You can read the full research report on Freeport here >>>)Espey Mfg. & Electronics’ shares have outperformed the Zacks Electronics – Military industry over the year-to-date period (+59.6% vs. -20.7%). This microcap company with a market capitalization of $134.46 million posted strong YTD FY25 results, with revenue up 26.7% to $34.4 million, driven by defense power supply programs and improved gross margins. Its record $138 million backlog — anchored by long-term contracts and key customer relationships — provides multi-year revenue visibility, with nearly half scheduled beyond FY26. Strategic wins include $49.3 million in multi-year contracts for the U.S. Navy’s Columbia-class submarines, supporting long-term positioning in electrification systems. A debt-free balance sheet, $28.3 million in liquidity, and $10.8 million in federal funding for capacity upgrades enhance strategic flexibility and throughput. Espey benefits from defense modernization tailwinds, especially in naval and airborne electrification. However, risks include persistent margin headwinds from early-stage programs, fixed cost pressures, and high customer concentration. (You can read the full research report on Espey Mfg. & Electronics here >>>)Other noteworthy reports we are featuring today include Telefónica, S.A. (TEF), PPL Corp. (PPL) and Antero Midstream Corp. (AM).Mark VickerySenior EditorNote: 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>>>

Today's Must Read

Keytruda Drives Merck (MRK) Sales Amid Gardasil Issues

Palo Alto (PANW) Rides on Shift to Subscription Services

Exploration Progress, Debt Reduction to Aid Freeport (FCX)

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Telefonica (TEF) Rides on Robust 5G Coverage Amid Forex WoesPer the Zacks analyst, Telefonica's extensive 5G footprint across Spain, Germany and Brazil is solidifying its position. However, global macroeconomic uncertainty and forex volatility are concerning.

Investments, Clean Generation Focus Aid PPL Corporation (PPL)Per the Zacks analyst, PPL's strategic investment of $20 billion during 2025-2028 should strengthen its infrastructure. Focus on renewables projects should further boost margins.

Antero Midstream (AM) Shines on Fee-Based Revenue StabilityPer the Zacks analyst, Antero Midstream's long-term fee-based contracts ensure predictable cash flows, supporting steady dividends, debt reduction, and sustained shareholder value in 2025.

Strong Solvency, New Launches Boost Globus Medical (GMED)Globus Medical exited the second quarter of 2025 with no long-term debt, boasting solid financial stability amid an overall tough macroeconomic landscape. Furthermore, new product launches aid growth.

Fee Income to Support Bank OZK (OZK), Asset Quality WeakPer the Zacks analyst, fee income, high rates, efforts to boost mortgage banking business and diverse loans will likely aid Bank OZK's financials. Yet, weak asset quality and high costs are woes.

New Upgrades

Low Fuel Costs & Fleet Upgrade Efforts Aid SkyWest (SKYW)The Zacks analyst likes the company's efforts to modernize its fleet. Low fuel costs are aiding the regional carrier's bottom line.

Wolverine's (WWW) Product Initiatives to Boost Market SharePer the Zacks analyst, Wolverine is actively pursuing a comprehensive strategy to enhance brand portfolio, focusing on Merrell and Saucony brands. These efforts are expected to help gain market share.

New Downgrades

AI Tax Assist Benefits H&R Block (HRB) Amid Low LiquidityPer the Zacks Analyst, integration of a generative AI-powered technology, AI Tax Assist, in H&R Block's DIY tax preparation boosts top line. Low liquidity is concerning.

Inflation, Tariffs, and Costs Strain Carter's (CRI) MarginsPer the Zacks analysts, Carter's profitability remains pressured as cost inflation, higher clearance activity, tariffs, and FX headwinds continue to weigh on margins despite strategic investments.

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PPL Corporation (PPL) : Free Stock Analysis Report

Merck & Co., Inc. (MRK) : Free Stock Analysis Report

Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report

Telefonica SA (TEF) : Free Stock Analysis Report

Antero Midstream Corporation (AM) : Free Stock Analysis Report

Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report

Espey Mfg. & Electronics Corp. (ESP) : Free Stock Analysis Report

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

Zacks Investment Research

Eastern Platinum (ELR.TO), down 20% at last look, on Wednesday reported a swing to a second-quarter

VANCOUVER, BC, Aug. 13, 2025 /CNW/ – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its condensed interim consolidated financial statements for the three and six months ended June 30, 2025 and the corresponding management's discussion and analysis ("MD&A"). Below is a summary of the Company's financial results for the second quarter of 2025 ("Q2 2025") and for the six months ended June 30, 2024 ("YTD 2025") in comparison to the same respective period in in 2024 ("Q2 2024" and "YTD 2024") (all amounts in USD unless specified):

• Revenue for Q2 2025 decreased to $10.7 million (Q2 2024 – $18.8 million), representing a $8.1 million or 43.1% decrease. Revenue for YTD 2025 decreased to $25.5 million (YTD 2024 – $34.5 million), representing a $9.0 million or 26.1% decrease.

• Mine operating income decreased by $4.0 million (or -90.9%) to $0.4 million in Q2 2025 (Q2 2024 – $4.4 million) as gross margin declined to 3.4% in Q2 2025 from 23.6% in Q2 2024. Mine operating income in YTD 2025 decreased by $14.0 million (or -144.3%) to mine operating loss of $4.3 million (YTD 2024 – $9.7 million), resulting from a reduced gross margin of -16.9% in YTD 2025 from 28.2% in YTD 2024.

• Operating loss was $3.0 million in Q2 2025 compared to an operating income of $1.6 million in Q2 2024. Operating loss was $11.1 million in YTD 2025 compared to an operating income of $1.6 million in YTD 2024.

• Net loss attributable to equity shareholders was $1.8 million ($0.01 loss per share) in Q2 2025 versus net income attributable to equity shareholders of $3.5 million ($0.02 earnings per share) in Q2 2024. The decrease in Q2 2025 net income was largely attributable to the significantly decreased revenue derived in the period.

• Net loss attributable to equity shareholders was $8.7 million ($0.04 loss per share) in YTD 2025 compared to net income attributable to equity shareholders of $2.6 million ($0.01 earnings per share) in YTD 2024. The decrease of YTD 2025 net income was mainly attributable to the same reasons as described above for the quarter.

• The Company had a working capital deficit (current assets less current liabilities) of $51.1 million as at June 30, 2025 (December 31, 2024 – working capital deficit of $38.7 million) and short-term cash resources of $2.4 million (consisting of cash, cash equivalents and short-term investments) (December 31, 2024 – $3.1 million).

Investec Commodity Finance Facility Amendment

The Company is pleased to announce an amendment to the previously announced finance facility agreement with Investec Bank Limited ("Investec") on November 10, 2022, between Investec and Barplats Mine (Pty) Ltd., a wholly-owned subsidiary of Eastplats. The renewable 12-month revolving commodity finance facility (the "Facility") is secured by PGM production delivered from the Zandfontein underground section to Impala Platinum Limited. The Facility will be used for working capital purposes and support the full restart of the Zandfontein underground section of its flagship Crocodile River Mine ("CRM"), located near Brits, South Africa. The maximum size of the credit facility was increased to R240 million ($13.5 million) from R110 million ($6.2 million). There were no other changes to the Facility.

Wanjin Yang, Chief Executive Officer and President of Eastplats commented, "We thank Investec for its continued support and commitment to Eastplats. The increased credit limit will enable us to ramp up our underground production tonnages at the Crocodile River Mine. We are all working hard to improve PGM and chrome production."

Operations

The Company derived revenue from the processing of PGM and chrome concentrates at the CRM. Eastplats' majority of revenue (approximately 28% and 53% for Q2 2025 and YTD 2025, respectively) is from chrome concentrate sales to third parties. As the Company ramps up production at the CRM, the Company expects to derive the majority of its revenue from PGM processing.

Summary of chrome production from underground operations for the three and six months ended June 30, 2025 and 2024:

	Q2 2025	YTD 2025
Total Run-of-Mine UG2 Feed (Tons)	75,340	120,287
Average grade Cr concentrate	40.7 %	40.7 %
Tons of Cr concentrate (wet)	19,768	29,529

Summary of chrome production from the retreatment project at the CRM for the three and six months ended June 30, 2025 and 2024:

	Q2 2025	Q2 2024	YTD 2025	YTD 2024
Total Tailings Feed (Tons)	–	281,867	109,919	667,166
Average grade Cr concentrate	–	38.4 %	36.5 %	38.5 %
Tons of Cr concentrate (wet)	–	72,305	14,690	152,187

Summary of PGM production for the three and six months ended June 30, 2025 and 2024:

	Q2 2025	Q2 2024	YTD 2025	YTD 2024
Average 6E grade (grams per ton)*	151	41	150	45
Tons of PGM concentrate	1,401	808	2,072	1,753
PGM ounces produced (6E)*	6,781	1,066	9,961	2,554

*PGM 6E ounces are estimates until final exchanges and umpire results have been concluded, which can take up to three months

The Company has filed the following documents, under the Company's profile on SEDAR+ at www.sedarplus.ca:

• Condensed interim consolidated financial statements for the three and six months ended June 30, 2025; and

• Management's discussion and analysis for the three and six months ended June 30, 2025.

The condensed interim consolidated financial statements for the three and six months ended June 30, 2025 are available for download at https://www.eastplats.com/investors/quarterly-reports/F2025/  and are also available on the JSE's website at:

https://senspdf.jse.co.za/documents/2025/JSE/ISSE/EPS/Q225.pdf.

The Company has a primary listing on the Toronto Stock Exchange and a secondary listing on the JSE Limited.

About Eastern Platinum Limited

Eastplats owns directly and indirectly a number of PGM and chrome assets in the Republic of South Africa. All of the Company's properties are situated on the western limb (Crocodile River Mine) and eastern limb (Kennedy's Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore.

Operations at the Crocodile River Mine currently include mining and processing ore from the Zandfontein underground section to both produce PGM and chrome concentrates, respectively.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation.  Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company.  Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "will," "plan," "intends," "may," "could," "expects," "anticipates" and similar expressions. Further disclosure of the risks and uncertainties facing the Company and other forward-looking statements are discussed in the Company's most recent Annual Information Form available under the Company's profile on www.sedarplus.ca.

In particular, this press release contains, without limitation, forward-looking statements pertaining to: increasing underground production feed to the PGM and chrome circuits and improvement of PGM and chrome production results and the majority of the Company's revenues being derived from PGM processing. These forward-looking statements are based on assumptions made by and information currently available to the Company.  Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.  By their very nature, forward-looking statements involve inherent risks and uncertainties and readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results to differ materially from the beliefs, plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, unanticipated problems that may arise in the Company's production processes, commodity prices, lower than expected grades and quantities of resources, need for additional funding and availability of such additional funding on acceptable terms, economic conditions, currency fluctuations, competition and regulations, legal proceedings and risks related to operations in foreign countries.

All forward-looking statements in this news release are expressly qualified in their entirety by this cautionary statement, the "Cautionary Statement on Forward-Looking Information" section contained in the Company's most recent Management's Discussion and Analysis available under the Company's profile on www.sedarplus.ca. The forward-looking statements in this news release are made as of the date they are given and, except as required by applicable securities laws, the Company disclaims any intention or obligation, and does not undertake, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

SOURCE Eastern Platinum Ltd.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2025/13/c2568.html

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

VANCOUVER, BC / ACCESS Newswire / August 13, 2025 / Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G), (the "Company", or "Stillwater") is pleased to announce that on August 12, 2025 (the "Closing Date") it closed the non-brokered private placement financing of units of the Company (the "Units") previously announced on July 15, 2025, July 28, 2025 and August 8, 2025, resulting in gross proceeds of $401,976.06 via the issuance of 1,747,722 Units at a price of $0.23 per Unit (the "Additional Offering"). Each Unit will consist of one common share of the Company (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$0.34 at any time on or before that date which is 36 months following August 12, 2025.

The Additional Offering follows the closing of the $7 million brokered LIFE offering (the "LIFE Offering"), which closed in two tranches on June 25, 2025 and July 15, 2025, respectively. Glencore Canada Corporation ("Glencore"), a wholly owned subsidiary of Glencore plc, exercised in part its participation rights in connection with the LIFE Offering and Additional Offering and acquired 6,000,000 units at a price of $0.23 per unit for gross proceeds of $1,380,000, on the same or similar terms as the units under the LIFE Offering and Additional Offering (the "Glencore Offering"). The Glencore Offering closed on August 13, 2025.

In aggregate, under the LIFE Offering, the Additional Offering and the Glencore Offering (together, the "Offerings"), the Company has raised gross funds of more than $8.78 million since the initial June 25, 2025 closing. If the Warrants under the Offerings are exercised in full, it would provide the Company with over an additional $6.4 million in funding.

The Company intends to use the net proceeds of the Additional Offering and the Glencore Offering for the exploration and advancement of the Company's flagship Stillwater West Ni-PGE-Cu-Co+Au project in the Stillwater mining district in Montana, U.S., for a lesser exploration program at its Kluane critical minerals project in Yukon, Canada, and for general corporate purposes and working capital.

Certain directors and/or officers of the Company acquired 294,002 Units under the Additional Offering. Such acquisitions and Glencore's exercise of its participation rights and acquisition of Units constitute "related party transactions" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The transactions are exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the securities to be issued, nor the fair market value of the consideration for the securities to be issued, insofar as it involves such insiders, exceeds 25% of the Company's market capitalization. The Company will file a material change report in respect of the LIFE Offering, Additional Offering and Glencore Offering. However, the material change report was not filed prior to the Closing of such offerings as insider participation had yet to be confirmed and the Company wished to close such offerings as expeditiously as possible.

All securities issued pursuant to the Additional Offering and the Glencore Offering will be subject to a hold period of four months and one day from August 12, 2025 and August 13, 2025, respectively, in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the "TSXV"). No finders' fees are payable on any portion of the Additional Offering or the Glencore Offering. The Additional Offering and the Glencore Offering remain subject to the final acceptance of the TSX-V.

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

About Stillwater Critical Minerals Corp.

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

Stillwater also holds a 49% interest in the high-grade Drayton-Black Lake gold project adjacent to NexGold Mining's development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum's Wellgreen deposit in Canada's Yukon Territory. The Company also holds the Duke Island Cu-Ni-PGE property in Alaska and maintains a back-in right on the high-grade past-producing Yankee-Dundee mine in BC.

FOR FURTHER INFORMATION, PLEASE CONTACT:

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

Forward-Looking Statements

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

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

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

SOURCE: Stillwater Critical Minerals

View the original press release on ACCESS Newswire

Southern Copper Corporation (NYSE:SCCO) is one of the best copper stocks to buy according to hedge funds. On July 30, the company reported mixed second-quarter 2025 results. While sales were down year-over-year, attributed to lower copper prices, the company posted a modest net income growth.

Net sales for the quarter decreased 2% to $3.05 billion, primarily due to lower copper prices. However, the company delivered a 2% increase in net income to $973 million, affirming a solid cost structure and improved operational efficiency.

Southern Copper achieved a 3% reduction in operating costs to $1.46 billion as cash cost per pound of copper fell 17% to $0.63. Copper production in the quarter was down 1% year-over-year to 238,980 tons. Molybdenum production increased by 4% to 7,919 tons, as zinc production rose 56% to 45,899 tons.

The company has also initiated an ambitious capital investment program designed to enhance production capacity. The board has already approved some projects expected to add 156,000 tons of copper production. The projects include the Tía María project in Peru, with a 120,000-ton copper capacity, and Michiquillay in Peru, with a 225,000-ton copper capacity.

Southern Copper Corporation (NYSE:SCCO) is a mining company focused on copper production. It also produces other metals like molybdenum, silver, and zinc. The company operates mines, smelting, and refining facilities, primarily in Peru and Mexico.

While we acknowledge the potential of SCCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best EV Penny Stocks to Buy According to Hedge Funds and 10 Best Performing Crypto Stocks So Far in 2025.

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

Vancouver, British Columbia–(Newsfile Corp. – August 13, 2025) – CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) (FSE: NU0) ("CopperCorp" or the "Company") is pleased to announce the appointment of Alan Coutts to its Board of Directors, effective immediately.

Mr. Coutts is a mining executive with over 35 years of global experience in mineral exploration, project development, mine operations, and corporate leadership in both Australia, Canada, and other international jurisdictions.

Most recently, Mr. Coutts served as President and CEO of Noront Resources Ltd., which was acquired by Wyloo Metals in April 2022 for approximately C$650 million following a high-profile bidding contest with BHP. This acquisition centred on Noront's flagship Eagle's Nest Ni-Cu-PGE project in Ontario's Ring of Fire district. After the transaction, Mr. Coutts joined Wyloo's Advisory Board, serving a two-year term.

Career Highlights:

• 2008-2013 Executive General Manager & Managing Director, Xstrata Nickel Australasia (Perth, Australia): Oversaw three producing nickel mines and two processing plants in Western Australia with over 800 employees, supported a development project in Tanzania, and served on the board of the US$5B Koniambo Nickel Project in New Caledonia.

• 2003-2008 General Manager of the "Brunswick 12" mine, Noranda Mines (now Xstrata) (New Brunswick, Canada): Managed a 10,000 t/day underground Cu-Pb-Zn-Ag operation with 850 employees.

• 1999-2003 General Superintendent, Falconbridge Raglan mine (Quebec Arctic): Led underground and open-pit nickel sulphide operations with 450 employees.

• Earlier roles included exploration and operational positions in Canada and Sweden.

Stephen Swatton, President and CEO of CopperCorp, commented:

"We are thrilled to welcome Alan to CopperCorp's board. His proven track record in mine development, operations, and strategic exploration, combined with his experience guiding large-scale battery metals-focused projects, aligns perfectly with our vision. There are strong parallels between Noront's large land package and CopperCorp's position in western Tasmania, and Alan's insight will be invaluable as we advance exploration on our two highly prospective copper-gold belts through 2025 and into 2026."

Alan Coutts, Director, added:

"I am pleased to join the board of CopperCorp. I'm impressed with the quality of the technical team and the outstanding land package that has been assembled in this highly prospective, yet somewhat underappreciated, historical mining district. The insatiable demand for copper over the upcoming decade is well documented and the timing of the Razorback drilling program in the current commodity cycle is optimal. I look forward to getting back to Australia and visiting the property later this year to review the drilling progress.

In my previous position Noront became the subject of a successful bid by Wyloo in 2022, largely driven by the quality, size and prospectivity of the entire land package which contained many of the key battery minerals required for global decarbonization. I am excited to play a part in another initiative with a similar strategy."

In connection with his appointment, CopperCorp has granted Mr. Coutts 400,000 incentive stock options in accordance with the Company's omnibus incentive plan. The options are exercisable at C$0.165 per share for five years, subject to certain vesting provisions and TSX Venture Exchange approval.

About CopperCorpCopperCorp is focused on the exploration and development of its Skyline and AMC copper-gold-REE projects in western Tasmania, Australia.

Contact:Stephen SwattonPresident, CEO & DirectorEmail: stephen@coppercorpinc.com

For additional information, please visit:Website: www.coppercorpinc.comSEDAR+: www.sedarplus.ca

Neither TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262313

BHP Group Limited (NYSE:BHP) is one of the best copper stocks to buy according to hedge funds. On August 6, reports emerged indicating that the company, in partnership with Lundin, plans to apply for a new investment incentive scheme in Argentina.

Pixabay/Public Domain

The company is eyeing the incentive to support the development of the Vicuna copper project. The Large Investment Incentive Regime, which began last year, seeks to boost activities in the mining sector by offering tax breaks. The scheme also provides access to international dispute courts for investments exceeding $200 million.

In addition to the Argentinian push, BHP Group is fresh from reporting record copper and iron ore production for fiscal year 2025. The milestone came despite the company experiencing a delay and potential cost overrun at its Jansen potash project in Canada that reached $1.7 billion.

BHP Group Limited (NYSE:BHP) is a global resources company focused on producing a range of commodities essential for various industries and the global transition to a more sustainable future. They are a leading producer of iron ore, copper, and metallurgical coal, and are also involved in nickel, potash, and other minerals.

While we acknowledge the potential of BHP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best EV Penny Stocks to Buy According to Hedge Funds and 10 Best Performing Crypto Stocks So Far in 2025.

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

Teck Resources Limited (NYSE:TECK) is one of the top copper stocks to buy, according to hedge funds. On July 28, analysts at Benchmark reiterated a ‘Buy’ rating on the stock but cut their price target to $48 from $55.

The price target adjustment follows the company’s second-quarter results, whereby adjusted EBITDA came in at C$722 million, below consensus estimates of C$730 million. The earnings miss came as strong performance in the Zinc segment offset lower copper sales. Second-quarter revenue totaled C$2.0 billion, with an adjusted EBITDA of C$722 million.

During the quarter, the company faced operational challenges at its QB copper project as development work at the Tailings Management facility limited online time. Sales were also affected by trailed production due to a shipload outage, forcing Teck Resources to lower its full-year production for the QB project. Consequently, the company produced 109,100 tons of copper.

The Teck Resources board has approved the Highland Valley Copper Mine Life Extension, expected to produce an average of 132,000 metric tons of copper annually from 2028 to 2046 for C$2.1 billion to C$2.4 billion.

Teck Resources Limited (NYSE:TECK) is a Canadian mining company that explores, develops, and produces various minerals. It focuses on producing essential metals for global development and the energy transition, including copper and zinc.

While we acknowledge the potential of TECK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best EV Penny Stocks to Buy According to Hedge Funds and 10 Best Performing Crypto Stocks So Far in 2025.

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

Teck Resources Limited (NYSE: TECK) is one of the best commodity stocks to buy now. On August 8, 2025, Wells Fargo analyst Tiago Fauth reiterated an Overweight rating on the Canadian miner and set a $101 price target, describing it as “one of the most attractive risk/rewards” in his coverage.

Fauth pointed to Teck’s strong liquidity, with a current ratio of about 3.47, and argued that market skepticism does not match the company’s solid fundamentals and valuable exposure to long-term copper demand.

Wells Fargo Backs Teck Resources as Top Copper Play Despite Sector Caution

Pixabay/Public Domain

The upbeat view from Wells Fargo comes as other firms take a more measured stance. Benchmark maintained a Buy rating on July 28 but lowered its target from $55 to $48. B. Riley and JPMorgan have moved to Neutral, citing operational challenges at the Quebrada Blanca Phase 2 project and softer near-term expectations. Jefferies and Raymond James remain constructive but have also trimmed price targets.

Teck Resources is a diversified miner, headquartered in Vancouver, with major operations in copper, zinc, steelmaking coal and energy. Its assets span Canada, Chile and the United States, and it is positioning copper at the center of its growth strategy to capitalize on the global energy transition.

While we acknowledge the potential of TECK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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

Disclosure: None.

Applied Industrial Technologies, Inc. AIT is scheduled to release fourth-quarter fiscal 2025 (ended June 2025) results on Aug. 14, before market open.The Zacks Consensus Estimate for fiscal fourth-quarter earnings has remained steady in the past 60 days. The company has an impressive earnings surprise history, having beat the consensus estimate in each of the preceding four quarters, the average surprise being 6.2%.The consensus estimate for revenues is pegged at $1.18 billion, indicating an increase of 1.7% from the year-ago quarter’s figure. However, the consensus estimate for adjusted earnings is pinned at $2.60 per share, indicating a decrease of 1.5% from the year-ago quarter’s figure.Let's see how things have shaped up for AIT this earnings season.

Factors to Note

Solid momentum in the technology-related fluid power end market is likely to have supported the Engineered Solutions segment. Favorable order trends across automation, technology, mobile and industrial verticals are likely to have aided the segment’s revenues. We expect the segment’s revenues to be $382.1 million, implying an increase of 3.5% from the year-ago number.Focus on improving the product line, value-added services and initiatives to drive operational excellence are expected to have driven AIT’s top line. Also, the company’s investments to expand automation, industrial Internet of Things and digital offerings like smart vision and mobile robots are likely to have been advantageous.Synergistic gains from the acquisitions made by the company are expected to have boosted revenues. The May 2024 acquisition of Grupo Kopar, which expanded its automation platform and extended its footprint into Mexico, is expected to have bolstered AIT’s top-line performance. However, AIT is expected to have put up a weak show across the Service Center Based Distribution segment due to reduced maintenance, repair and operations (MRO) spending, lower capital maintenance projects and prolonged customer plant shutdowns.Rising selling, distribution and administrative expenses, due to higher costs associated with acquired businesses, are likely to have dented Applied Industrial’s margins and profitability. For the quarter under review, we anticipate Applied Industrial’s gross margin to be 30.4%, indicating a decline of 30 basis points on a year-over-year basis.

Applied Industrial Technologies, Inc. Price and EPS Surprise

Applied Industrial Technologies, Inc. price-eps-surprise | Applied Industrial Technologies, Inc. Quote

Earnings Whispers

Our proven model does not conclusively predict an earnings beat for AIT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.Earnings ESP: Applied Industrial has an Earnings ESP of 0.00% as both the Most Accurate Estimate and the Zacks Consensus Estimate are pegged at $2.60. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.Zacks Rank: Applied Industrial presently carries a Zacks Rank #4 (Sell).

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

Performance of Other Companies

Dover Corporation DOV reported earnings of $2.44 per share in second-quarter 2025, beating the Zacks Consensus Estimate of $2.39. This compares with earnings of $2.36 per share a year ago.Dover posted revenues of $2.05 billion in the quarter, surpassing the Zacks Consensus Estimate by 0.6%. This compares with year-ago revenues of $2.18 billion.Teck Resources Limited TECK came out with earnings of $0.27 per share in the second quarter of 2025, beating the Zacks Consensus Estimate of $0.2. This compares with earnings of $0.58 per share a year ago.Teck Resources posted revenues of $1.46 billion in the quarter, missing the Zacks Consensus Estimate by 8.7%. This compares with year-ago revenues of $2.83 billion. Packaging Corporation of America PKG reported earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.44. This compares with earnings of $2.2 per share a year ago.Packaging Corp. posted revenues of $2.17 billion in the quarter, surpassing the Zacks Consensus Estimate by 0.5%. This compares with year-ago revenues of $2.08 billion.

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Toronto, Ontario–(Newsfile Corp. – August 13, 2025) – Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) ("Honey Badger" or the "Company") is pleased to provide an update from its highly promising 2025 summer field program at its 100%-owned Plata project in the Yukon.

The Company is now awaiting assays which could lead to the possibility of drilling these new targets very soon. This news release presents results obtained since the Company's news release of a few weeks ago (July 30, 2025: "Honey Badger Discovers Promising Sheeted Veins in Multiple Zones over 18km at Plata, Yukon") and highlights the discovery of even more 'sheeted vein' zones.

The Company's Executive Chairman, Chad Williams, commented, "Honey Badger has discovered numerous auspicious geologic targets that absolutely merit follow up work. Plata is shaping up to be a game-changer for Honey Badger. We continue to identify many new promising geologic targets especially on our new claims. We are particularly excited by the recognition of additional 'sheeted vein' zones that may indicate the presence of reduced intrusion-related gold (RIRG) systems, similar to those found at the directly adjacent Rogue project, owned by Snowline Gold (TSXV: SGD), containing 7.94M oz Au (M&I) and 0.89M oz Au (Inferred) (see SGD news release dated May 15, 2025)."

Note: The QP has not independently verified the Rogue Mineral Resource Estimate (MRE) quoted above. The Rogue MRE is not necessarily indicative of mineralization on the property that is the subject of the disclosure.

Summary

– Extended the Sheeted Vein Zone at Northwest Plata: Honey Badger has uncovered additional 'sheeted vein' systems, which increases the total area prospective for RIRG mineralization to ~4 x 5 km within the newly staked claim blocks, with significant potential to discover more (Fig. 1). Central to the sheeted vein systems are interpreted Mayo Suite felsic intrusions found over a 2.3 x 0.67 km area. Importantly, the team has successfully identified the western extent of the Rogue Thrust Fault in this area, a key geological boundary known to host mineralization in the region.

– Aho Zone Materially Expanded: The central claims host the high-grade, past-producing Aho silver zone. The team has uncovered an 810 x 230 m zone of quartz veining and sulfide mineralization overlapping high-grade silver geochemical anomalies (Fig. 1). Two additional zones with similar geology have also been identified near key geological structures, including the Plata and Rogue Thrust Faults.

– Geophysical Low at South Plata: Quartz veining and felsic intrusive float have been discovered at South Plata over a magnetic low geophysical anomaly. No known work has ever been completed here (Fig. 1).

Next Steps:

Assays for 102 rock samples and 568 soil samples are expected in the coming weeks. Results of these assays, coupled with further fieldwork, is expected to help guide drilling before year-end.

Figure 1: Plata property, showing the newly staked claim outline (red) and summary observations from the recent field program.

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3204/262310_b7d9cc91049b68b0_001full.jpg

Notes: 

The Cujo intercept is from a Snowline Gold (TSXV: SGD) News Release dated November 9, 2023. The QP has been unable to verify the information.

The Cujo intercept is not necessarily indicative of mineralization that may be present at the Plata project.

Geological Discussion

Key results of the recent exploration fieldwork completed at Plata since the press release of a few weeks ago (July 30th, 2025) include:

Northwest Plata (newly staked ground)

Identification of potential Mayo-suite felsic intrusions and presence of hornfels alteration, sulfide mineralization, and quartz veining (locally sheeted) observed for over 2.7 km in strike length towards the southern claim margin (Figures 1, 2 and 3). The presence of potential Mayo-suite intrusive rock is important because of their close association with gold and silver mineralization in the region. Hornfels alteration is significant because it indicates that the host rock has been altered due to proximity to an intrusion.

Several occurrences of felsic plutonic rock interpreted to represent Mayo Suite Intrusions were identified in both outcrop and float over a 2.3 x 0.67 km area in the newly staked ground in the northwest of the property towards the southern claim boundary. Samples of the felsic intrusive rock are noted as granodiorite to quartz porphyry and range from fresh-looking to intensely sericite and clay altered with occasional fine-grained pyrite observed (Fig. 2).

Extensive quartz veining (locally sheeted and stockwork) with associated silicification, hornfels alteration, oxidation and sulfide mineralization has been observed within interbedded mudstones, shales, chert and lesser sandstone over a 2.7 x 2 km zone that overlaps with the mapped felsic intrusive units (Fig. 2 and 3).

Field observations in this area describe several outcrops with densely sheeted quartz veins and local stockwork textures, as well as rare chalcopyrite and malachite mineralization. Many of the field observations also highlight the presence of disseminated to stringer pyrite associated with the presence of the oxidized quartz veining (Fig. 2 and 3).

Mapped the western extension of the Rogue Thrust Fault

Mapping was continued of the interpreted Rogue Thrust Fault that separates the Mt. Christie Formation and the Earn Group. This fault represents an important structural boundary and potential mineralizing fluid pathway in this area.

Figure 2: (A) Sericite altered granodiorite interpreted to represent Mayo Suite Intrusive rock; (B) Large outcrop of densely sheeted quartz veining with blebby chalcopyrite (<0.5%) mineralization. Veining occurs perpendicular to bedding in massive black chert of the Earn Group proximal to the mapped granodiorite intrusions in the newly staked ground in the NW of the property. Hammer (24 inches) for scale.

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3204/262310_b7d9cc91049b68b0_002full.jpg

East Central Plata (Aho Zone)

Discovered several new zones comprising hornfels altered and silicified host rock with associated quartz veining and sulfide mineralization to the east and southeast of the Aho Zone.

The largest zone is an ~810 x 230 m area that partially overlaps with a historic 1000 x 300 m Ag soil anomaly with silver in soil up to 50 g/t Ag (Assessment Report 091705, by A. Harman, 1976). This zone includes silicified and hornfels altered mudstones, siltstones and chert with quartz veining, disseminated and stringer pyrite, as well as local galena and sphalerite stringers and blebs.

Another zone beginning ~900 m to the east of the Aho zone in proximity to the Plata Thrust Fault extends for approximately 1.1 km towards the eastern claim boundary and comprises a series of limestone, shale, and sandstone outcrops hosting extensive sheeted and stockwork quartz-calcite veining with associated oxidation (Fig. 3).

Yet another zone comprising several outcrops hosting oxidized sheeted and stockwork quartz veining was observed to the northeast of the Aho Zone in proximity to the Rogue Thrust Fault.

Mapped eastern extensions of the Plata and Rogue Thrust Faults

Extended both the Plata and Rogue Thrust Faults to the East of the Aho Zone, which is an ~800 m long zone of semi-continuous high-grade silver, gold, zinc and lead mineralization present along the Plata Thrust Fault.

Figure 3: (A) Oxidized quartz veining hosted in hornfels altered siltstone of the Mt. Christie Formation collected adjacent to the mapped felsic intrusive units in the NW of the property; (B) Strong recrystallization of originally black chert interpreted to represent hornfels alteration due to proximity to mapped intrusive units in the NW of the property; (C) Quartz veining with associated strong oxidation and fine-grained sulfide veinlets hosted in a chert outcrop SE of the Aho Zone.

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Major Takeaways of the Completed Summer Field Work Program:

• A total of 102 rock samples and 569 soil samples were taken during this initial program. Assays are pending.

• Confirmed the presence of felsic plutonic rocks interpreted to be Mayo Suite Intrusions occurring throughout the newly staked ground in the northwest of the property (Fig. 1).

• Newly discovered extensive sheeted quartz veins with associated oxidation and sulfide mineralization throughout all traversed areas in the recently staked ground in the northwest of the property that defines a new highly prospective area for potential RIRG mineralization at least 5 x 4 km in size (Fig. 1).

• Discovery of local quartz veining and felsic intrusive float within newly staked ground in 2024 over a magnetic low geophysical anomaly in the south end of the property (Fig. 1).

• Identified several new zones comprising hornfels altered and silicified host rock with associated oxidized quartz veining and sulfide mineralization to the east and southeast of the Aho Zone (Fig. 1).

• Mapped extensions of the mineralized Plata and Rogue Thrust Faults to the West and East.

About Plata

Plata is located in east-central Yukon within the Tombstone Gold Belt and is a past producing high-grade silver property that produced about 290,000 ounces of silver (Ag) from small-scale mining of high-grade veins that are exposed at surface (Carlson, G.G., 2010, "Technical Report Describing Exploration and Development at the Plata Project, located in the Mayo Mining District, East-Central Yukon", report prepared for Platoro West Holdings Inc.). Ore was mined and flown by fixed wing aircraft to Idaho for processing. Historical exploration at Plata has primarily focused on the outcropping high-grade silver veins. These are analogous to the rich Keno Hill Silver Mine in the Yukon, one of the highest-grade silver deposits in the world, now operated by Hecla Mining. While the analogy to Keno Hill remains valid, the Company has continued to develop its understanding of Plata as part of a larger "Snowline-style" mineralized system. Understanding how Plata might fit into a Reduced Intrusion Related Gold System (RIRGS) like Snowline Gold's Rogue and Valley deposits adds the potential for a large gold deposit in addition to the high-grade silver vein potential.

Qualified Person

Technical information in this news release has been approved by Dorian L. (Dusty) Nicol (PG, FAusIMM), a director and technical advisor of the Company, who is a Qualified Person (QP) for the purpose of National Instrument 43-101.

About Honey Badger Silver Inc.

Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. Our projects are located in areas with a long history of mining, including the Sunrise Lake project with a historic resource of 12.8 Moz of silver at a grade of 262 g/t silver (and 201.3 million pounds of zinc at a grade of 6% zinc) Indicated and 13.9 Moz of silver at a grade of 169 g/t silver (and 247.8 million pounds of zinc at a grade of 4.4% zinc) Inferred(1) located in the Northwest Territories and the Plata high grade silver project located 165 km east of Yukon's prolific Keno Hill and adjacent to Snowline Gold's Rogue discovery. The Company's Clear Lake Project in the Yukon Territory has an unclassified historic resource of 5.5 Moz of silver at a grade of 22 g/t silver and 1.3 billion pounds of zinc at a grade of 7.6% zinc(2). The Company also has a significant land holding at the Nanisivik Mine Area located in Nunavut, Canada that produced over 20 Moz of silver between 1976 and 2002(3). A qualified person has not done sufficient work to classify the foregoing historical resources as current mineral resources, and the Company is not treating the estimates as current mineral resources. The historical resource estimates are provided solely for the purpose as an indication of the volume of mineralization that could be present. Additional work, including verification drilling / sampling, will be required to verify any of the historical estimates as a current mineral resources.

(1) Sunrise Lake 2003 RPA historic resource: Indicated 1.522 million tonnes grading 262 grams/tonne silver, 6.0% zinc, 2.4% lead, 0.08% copper, and 0.67 grams/tonne gold and Inferred 2.555 million tonnes grading 169 grams/tonne silver, 4.4% zinc, 1.9% lead, 0.07% copper, and 0.51 grams/tonne gold.

(2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver, 7.6% zinc, and 1.08% lead.

(3) Geological Survey of Canada, 2002-C22, "Structural and Stratigraphic Controls on Zn-Pb-Ag Mineralization at the Nanisivik Mississippi Valley type Deposit, Northern Baffin Island, Nunavut; by Patterson and Powis."2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver, 7.6% zinc, and 1.08% lead.

ON BEHALF OF THE BOARD,

Chad Williams, Executive Chairman

Sonya Pekar Investor Relationsspekar@honeybadgersilver.com | +1 (647) 498-8244

For more information, please visit our website www.honeybadgersilver.com

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Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Such factors include, but are not limited to, risks relating to capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public documents filed on SEDAR+ (www.sedarplus.ca) under Honey Badger's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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