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PHOENIX (AP) — PHOENIX (AP) — Freeport-McMoRan Inc. (FCX) on Thursday reported first-quarter profit of $352 million.

On a per-share basis, the Phoenix-based company said it had profit of 24 cents.

The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 24 cents per share.

The mining company posted revenue of $5.73 billion in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $5.31 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCX at https://www.zacks.com/ap/FCX

PHOENIX, April 24, 2025–(BUSINESS WIRE)–Freeport (NYSE: FCX) today announced that it has posted its first-quarter 2025 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

As previously indicated on its website, FCX will host a conference call today with securities analysts at 10:00 a.m. Eastern Time to discuss quarterly results. The conference call will be webcast on the Internet along with slides. Interested parties may listen to the conference call live and view the slides on the Investor Relations page of FCX’s website at https://investors.fcx.com/investors/presentations. A replay of the webcast will be available through Friday, May 23, 2025.

FREEPORT: Foremost in Copper

FCX is a leading international metals company with the objective of being foremost in copper. Headquartered in Phoenix, Arizona, FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is one of the world’s largest publicly traded copper producers.

FCX’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits; and significant operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru.

By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries. Additional information about FCX is available on FCX's website at fcx.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250423627211/en/

Contacts

Financial Contact:David P. Joint(504) 582-4203

Media Contact:Linda S. Hayes(602) 366-7824

Goliath Resources Limited

Highlights Of The Geological Study Completed By The Colorado School Of Mines:

A detailed geological study was recently completed by the Colorado School of Mines utilizing a compilation of drill holes and geological data. Conclusions of the geological study confirms a new interpretation of the ore forming process of high-grade gold mineralization at Surebet and confirms common causative Reduced Intrusion Related Gold (RIRG) source with tremendous untapped discovery potential.
High-grade gold mineralization at Surebet occurs in two different settings, both containing visible gold in remarkably high percentages of the drill hole intersections. Of particular note is that the visible gold is fine to coarse grained, and includes up to abundant visible gold, with an increase of coarseness and abundance in vertical distribution. Which is consistent with the assessment that the system is getting richer as it is drilled deeper, and both styles of high-grade gold mineralization are open in all directions:
- Shear hosted veins up to 39 meters wide where gold occurs as native or alloys with bismuth and tellurium within quartz-sulphide veins hosted in sedimentary and volcanic rock units.
- Multiple millimeter to centimeter wide quartz veinlets where gold occurs with bismuth, tellurium, and molybdenite within felsic to intermediate dykes.

12 vertically stacked gold mineralized shear-hosted veins within the sedimentary and volcanic rock units have been confirmed through drilling and modelling at Surebet with grades up to 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters. These stacked layers are up to 39 meters wide within a 1.8 km2 area that remains open showing the excellent additional blue-sky potential.
Multiple high-grade gold intervals from reduced intrusion related porphyritic felsic to intermediate feeder dykes assayed up to 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 meters. The gold mineralized feeder dykes are up to 25 meters wide and exposed along strike at surface for up to 1,500 meters and remain open, strongly indicating close proximity to a gold-rich Motherlode RIRG source (previously announced March 13, 2025).
Dating of volcanic-hosted gold mineralization related to the shear hosted veins resulted in an age of 50.7 ± 1.0 Ma. This result overlaps with the U-Pb zircon age of 52.0 ± 1.5 Ma obtained for the mineralized felsic to intermediate dykes. The overlap in mineralization age for both shear-hosted gold-rich veins and gold-bearing dykes suggests a common causative intrusion as the source of mineralization.
Eocene age (56 to 34 Ma) mineralization has been neglected in the southern part of the Golden Triangle, where most of the known deposits are thought to be Jurassic age (201 to 145 Ma). The discovery of abundant Eocene age mineralization at Surebet shows the tremendous untapped discovery potential that is left on the Golddigger property.
Recent research by the Colorado School of Mines has indicated the presence of two stages of gold mineralization in the gold-rich veins at Surebet within the shear hosted veins and the felsic to intermediate dykes:
- The first stage of gold mineralization resulted in the deposition of native bismuth, bismuth tellurides, and the gold-bismuth mineral maldonite and is associated with calc-silicate alteration including actinolite. This early mineralization occurs primarily in quartz veins crosscutting gold-bearing dykes and the volcanic rocks.
- The later assemblage of gold mineralization crosscuts the early stage and is associated with chlorite alteration. This late stage of gold makes up most gold observed in the shear-hosted veins.

The paragenetic relationships of minerals are consistent with alteration occurring from a cooling hydrothermal system in both the shear and dyke hosted veins. This provides further evidence that the dykes and shear-hosted gold veins at Surebet may be related to a causative intrusion at depth that may have acted as the heat source for the hydrothermal system and likely contributed significant free gold.
At Surebet, multiple gold-bismuth-tellurium grains have textural characteristics which indicate that they were entrapped as melt droplets within the host quartz. Fluid inclusions associated with these melt droplets provide evidence for the contemporaneous occurrence of phase separation of the CO2-rich magmatic-hydrothermal fluids, a process not previously described in the scientific literature.

Microphotographs of gold assemblages and associated alteration found at Surebet. a. Transmitted light image of the gold bearing actinolite veinlet with clinozoisite halo associated with early gold mineralization. b. Reflected light image of actinolite veinlet from frame a. showing the association between the gold-bismuth-tellurium grains, actinolite, and clinozoisite. c. Reflected light image of early-stage gold-bismuth-tellurium grains which were entrapped as a melt and healed along a microfracture in quartz. d. Reflected light image of late gold and associated chlorite cutting pyroxene.

An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/319220d6-7595-41c1-a20e-7fa434b92050

Confirmation of high gold grades over broad intervals in the recently discovered RIRG system characterized by considerable amounts of visible gold, bismuth, bismuth tellurides and molybdenum mineralization in the felsic to intermediate porphyritic dykes on Surebet materially increases the size potential of the various gold zones at the Surebet discovery.
During only 15 months of boots on the ground, strong gold mineralization has been confirmed in 100% of 243 widespread drill holes containing >300 intercepts to date within a 1.8 km2 area. The multiple stacked gold veins and widespread gold-rich reduced intrusion feeder dykes, confirms the continuity of the widths and grades at Surebet demonstrating this world-class gold-rich system has tremendous additional untapped expansion potential remaining.

TORONTO, April 24, 2025 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report the results of the geological study completed by the Colorado School of Mines which confirms new ore forming process of high-grade gold mineralization and common causative Reduced Intrusion Related Gold (RIRG) source with tremendous untapped discovery potential at Surebet on its 100% controlled Golddigger Property (the “Property”), Golden Triangle, B.C. Two stages of gold mineralization clearly associated with a RIRG system as well as overlap in mineralization and alteration ages for shear hosted veins and dykes, and paragenetic relationships of minerals consistent with alteration occurring from a cooling hydrothermal system, strongly indicate a common RIRG feeder source at Surebet.

Roger Rosmus, Founder and CEO of Goliath Resources, states: “Since our initial discovery at Surebet of an extensive outcropping zone of gold mineralization, followed by drilling below to make a discovery of a series of stacked gently dipping high-grade gold veins, and then a series of vertical dykes through the stacked veins, our understanding of the overall system has been aided by the great work by the team at the Colorado School of Mines. The 2024 drilling season was our best ever, highlighted by visible gold in 92% of the holes drilled, including fine-grained to coarse-grained and abundant visible gold that got better as we drilled deeper into the discovery. Another important milestone in 2024 was our success drilling into a series of near vertical dykes, also with visible gold and high-grade gold assays, that come up through the gently dipping stacked veins. All of our drilling and geological work enabled us to provide a remarkable amount of material and data for the team at the Colorado School of Mines to enhance the modeling, interpretation and thesis of what has caused the high-grade gold mineralization we have drilled into with great success so far. In a general sense, we have determined that we have a series of gently dipping high-grade veins with vertical RIRG zones (also with high-grade gold) through the veins. Which have enriched the veins, and there is a likelihood that they are all coming from a common source. When you consider how widespread the high-grade gold mineralization is in the veins and RIRG zones, the source is potentially extremely large. The more drilling and scientific studies we do at the Surebet discovery, the better it gets, and we are still high in the system that is open in all directions, and we are delighted with the prospect with what can be found as we continue to laterally and drill deeper for the source of the high-grade gold system.”

Gold mineralization at Surebet occurs in two different setting: 1) shear hosted veins up to 39 meters wide where gold occurs as native or alloys with bismuth and tellurium within quartz-sulphide veins hosted in sedimentary and volcanic rock units and 2) multiple millimeter to centimeter wide quartz veinlets where gold occurs with bismuth, tellurium, and molybdenite within felsic to intermediate dykes. Direct dating of volcanic-hosted sulphide mineralization related to the shear hosted veins resulted in an age of 50.7 ± 1.0 Ma. This result overlaps with the U-Pb zircon age of 52.0 ± 1.5 Ma obtained for the mineralized felsic to intermediate dykes. The overlap in mineralization age for both shear-hosted veins and gold-bearing dykes suggests a common causative intrusion as the source of mineralization observed at Surebet. Petrographic and fluid inclusion analysis carried out on samples from the mineralized shear-hosted veins in an earlier phase of the project indicated that the fluid responsible for the gold mineralization at Surebet is of magmatic origin (previously announced February 2, 2023) further corroborating the hypothesis of a common magmatic source for the mineralization. Eocene age (56 to 34 Ma) mineralization has been neglected in the southern part of the Golden Triangle, where most of the known deposits are thought to be Jurassic age (201 to 145 Ma). The discovery of abundant Eocene age mineralization at Surebet shows the tremendous untapped discovery potential that is left on the Golddigger property and surrounding areas. Structures and lithologies younger than Jurassic which have been historically overlooked now provide excellent targets for styles of gold mineralization which may have been overlooked.

New research has indicated the presence of two stages of gold mineralization in the gold-bearing veins at Surebet within the shear-hosted veins and the felsic to intermediate dykes. The first stage of gold mineralization resulted in the deposition of native bismuth, bismuth tellurides, and the gold-bismuth mineral maldonite. This stage of gold mineralization is associated with calc-silicate alteration including actinolite. This early mineralization occurs primarily in quartz veins crosscutting gold-bearing dykes and the volcanic rocks. Gold-bismuth-tellurium grains from this stage are commonly observed as inclusions along healed microfractures in quartz. The later assemblage of gold mineralization crosscuts the early stage and is associated with chlorite alteration. This late stage of gold makes up most gold observed in the shear-hosted veins at Surebet. Samples taken from an interval in hole GD-24-260 that assayed 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters (previously announced January 13, 2025) are found to have significant quantities of both the early and late gold stages, possibly explaining the high-grade observed. This overlap between dyke-typical and shear-hosted vein-typical mineralization further suggests both styles of gold are expressions of the same system.

The paragenetic relationships of minerals determined through petrographic work are consistent with alteration occurring from a cooling hydrothermal system in both the shear and dyke-hosted veins. This finding provides further evidence that the dykes at Surebet may be related to a causative intrusion at depth that may have acted as the heat source for the hydrothermal system and likely contributed significant metals. Additionally, the gold-bismuth-tellurium grains have textural characteristics which indicate that they were entrapped as melt droplets within the host quartz. Fluid inclusions associated with these melt droplets provide evidence for the contemporaneous occurrence of phase separation of the CO2-rich magmatic-hydrothermal fluids, a process not previously described in the scientific literature. Further research at the Colorado School of Mines will be focused on understanding this new mechanism for ore formation and its role in the formation of high-grade gold mineralization at Surebet.

During only 15 months of boots on the ground, strong gold mineralization has been confirmed with assays in 100% of 243 widespread drill holes containing >300 intercepts to date within a 1.8 km2 area with 20 holes contain intervals over 100 gram*meter Au (> 3 ounces*meter Au). Confirmation of multiple stacked gold veins and widespread gold-rich reduced intrusion feeder dykes, confirms the continuity of the widths and grades at Surebet demonstrating this world-class gold system has tremendous additional untapped expansion potential remaining.

Golddigger Property

The Golddigger Property is 100% controlled and covers an area of 91,518 hectares in the world class geological setting of the Eskay Rift, within 3 kilometers of the Red Line in the Golden Triangle of British Columbia. This area has hosted some of Canada’s greatest mines including Eskay Creek, Premier and Snip. Other significant and well-known deposits in the Golden Triangle include Brucejack, Copper Canyon, Galore Creek, Granduc, KSM, Red Chris, and Schaft Creek. Goliath controls 56 kilometers of the Red Line which is a geologic contact between Triassic age Stuhini rocks and Jurassic age Hazelton rocks used as key markers when exploring for gold-copper-silver mineralization.

The Surebet discovery has exceptional continuity and excellent metallurgy with gold recoveries of 92.2% with 48.8% of it as free gold from gravity alone at a 327-micrometer crush (no cyanide required to recover the gold). The metallurgy completed to date shows no deleterious elements are present such as mercury or arsenic.

The Property is in an excellent location in close proximity to the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated on tide water with direct barge access to Prince Rupert (190 kilometers via the Observatory inlet/Portland inlet). The town of Kitsault is accessible by road (190 kilometers from Terrace, 300 kilometers from Prince Rupert) and has a barge landing, dock, and infrastructure capable of housing at least 300 people, including high-tension power.

Additional infrastructure in the area includes the Dolly Varden Silver Mine Road (only 7 kilometers to the East of the Surebet discovery) with direct road access to Alice Arm barge landing (18 kilometers to the south of the Surebet discovery) and high-tension power (25 kilometers to the east of Surebet discovery). The city of Terrace (population 16,000) provides access to railway, major highways, and airport with supplies (food, fuel, lumber, etc.), while the town of Prince Rupert (population 12,000) is located on the west coast and houses an international container seaport also with direct access to railway and an airport.

About CASERM (Center to Advance the Science of Exploration to Reclamation in Mining)

Goliath Resources is a paying member and active supporter of the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), which is one of the world’s largest research centers in the mining sector. CASERM is a collaborative research venture between Colorado School of Mines and Virginia Tech that is supported by a consortium of mining and exploration companies, analytical instrumentation and software companies, and federal agencies aiming to transform the way geoscience data is acquired and used across the mining value chain. The center forms part of the I-UCRC program of the National Science Foundation. Research focuses on the integration of diverse geoscience data to improve decision making across the mine life cycle, beginning with the exploration for subsurface resources continuing through mine operation as well as closure and environmental remediation. Over the past three years, Goliath Resources’ membership in CASERM has allowed world-class research to be performed on the Surebet project part of the Golddigger Property in British Columbia, Canada.

Qualified Person

Quinton Hennigh (Ph.D., P.Geo.) is the qualified person pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is a technical advisor to Goliath Resources and has verified the data herein disclosed.

Approval of Shareholder Rights Plan

At Goliath’s annual and special meeting of shareholders held on March 17, 2025 (the “Meeting”), the Company’s shareholders (“Shareholders”) approved all of the resolutions put before the meeting including a resolution adopting a shareholder rights plan (the “Rights Plan”) which was initially adopted by the board of directors (“Board”) on February 7, 2025. In connection with the Rights Plan, the Company also entered into a rights plan agreement with Computershare Investor Services Inc. as rights agent dated February 7, 2025. The Rights Plan was adopted to ensure Shareholders are treated fairly and equally in connection with any unsolicited take-over bid or other acquisition of control of, or a significant interest in, the Company while providing the Board adequate time to consider and evaluate such a take-over bid or other acquisition and, if appropriate, identify, develop and negotiate any value-enhancing alternatives. The Rights Plan is substantially similar to the Company’s prior shareholder rights plan first adopted on December 11, 2020 and announced via press release on January 6, 2021. The Rights Plan has not been adopted in response to any specific take-over bid or other proposal to acquire control the Company, and the Company is not aware of any such pending or contemplated proposals.

Under the terms of the Rights Plan, one right (a “Right”) will be issued and attached to each common share in the capital of the Company (“Common Share”) outstanding as of the Effective Date, and a Right will also attach to each Common Share issued thereafter. The issuance of the Rights will not change the manner in which the Shareholders trade their Common Shares, and the Rights will automatically attach to Common Shares with no further action required by Shareholders.

Subject to its terms, the Rights issued under the Rights Plan become exercisable only if a person (an “Acquiring Person”), together with certain parties related to such Acquiring Person, acquires or announces its intention to acquire beneficial ownership of 20% or more of the outstanding Common Shares without complying with the “Permitted Bid” provisions of the Rights Plan or in circumstances where application of the Rights Plan is not waived in accordance with its terms. Following a transaction that results in a person becoming an Acquiring Person, the Rights entitle the holders thereof (other than the Acquiring Person and certain related parties) to purchase Common Shares for a nominal amount.

The description of the Rights Plan in this news release is qualified in its entirety by the full text of the Rights Plan, a copy of which is available on the Company’s SEDAR+ profile at www.sedarplus.ca. The Company’s management information circular, dated February 7, 2025, prepared in connection with the annual general and special meeting held on March 17, 2025, contains a summary of the Rights Plan.

Option Grant

The Company has granted a total of 300,000 stock options for a five year period to advisors and consultants priced at 1.61 per share which will vest immediately. The grant of the options are subject to the Company's omnibus equity incentive plan.

About Goliath Resources Limited

Goliath Resources is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. All of its projects are in high quality geological settings and geopolitical safe jurisdictions amenable to mining in Canada. Goliath is a member and active supporter of CASERM which is an organization that represents a collaborative venture between Colorado School of Mines and Virginia Tech. Goliath’s key strategic cornerstone shareholders include Crescat Capital, McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), Mr. Rob McEwen, a Global Commodity Group based in Singapore, Mr. Eric Sprott and Mr. Larry Childress.

For more information please contact:

Goliath Resources Limited Mr. Roger Rosmus Founder and CEO Tel: +1.416.488.2887roger@goliathresources.com www.goliathresourcesltd.com

Other

The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

Oriented HQ-diameter or NQ-diameter diamond drill core from the drill campaign is placed in core boxes by the drill crew contracted by the Company. Core boxes are transported by helicopter to the staging area and then transported by truck to the core shack. The core is then re-orientated, meterage blocks are checked, meter marks are labelled, Recovery and RQD measurements taken, and primary bedding and secondary structural features including veins, dykes, cleavage, and shears are noted and measured. The core is then described and transcribed in MX Deposit™. Drill holes were planned using Leapfrog Geo™ and QGIS™ software and data from the 2017-2022 exploration campaigns. Drill core containing quartz breccia, stockwork, veining and/or sulphide(s), or notable alteration are sampled in lengths of 0.5 to 1.5 meters. Core samples are cut lengthwise in half, one-half remains in the box and the other half is inserted in a clean plastic bag with a sample tag. Standards, blanks and duplicates were added in the sample stream at a rate of 10%.

Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples were then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, standards, and duplicate samples were inserted regularly into the sample sequence at a rate of 10%.

All samples are transported in rice bags sealed with numbered security tags. A transport company takes them from the core shack to the Paragon Geochemical labs facilities in Surrey, BC or ALS labs facilities in North Vancouver, BC. Paragon Geochemical is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. Samples submitted to Paragon received gold and silver analysis by photon assay whereby the entire sample is crushed to approximately 70% passing 2 mm mesh. The entire crushed sample is riffle split and weighed into multiple (300-500g) jars that are submitted for photon assay. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, causing them to emit secondary gamma rays, which are measured to identify and quantify the metals present. The assays from all jars are combined on a weight-averaged basis. ALS is either certified to ISO 9001:2008 or accredited to ISO 17025:2005 in all of its locations. At ALS samples were processed, dried, crushed, and pulverized before analysis using the ME-MS61 and Au-SCR21 methods. For the ME-MS61 method, a prepared sample is digested with perchloric, nitric, hydrofluoric, and hydrochloric acids. The residue is topped up with dilute hydrochloric acid and analyzed by inductively coupled plasma atomic emission spectrometry. Overlimits were re-analyzed using the ME-OG62 and Ag-GRA21 methods (gravimetric finish). For Au-SCR21 a large volume of sample is needed (typically 1-3kg). The sample is crushed and screened (usually to -106 micron) to separate coarse gold particles from fine material. After screening, two aliquots of the fine fraction are analysed using the traditional fire assay method. The fine fraction is expected to be reasonably homogenous and well represented by the duplicate analyses. The entire coarse fraction is assayed to determine the contribution of the coarse gold.

Widths are reported in drill core lengths and the true widths are estimated to be 80-90% and AuEq metal values are calculated using: Au 2797.16 USD/oz, Ag 31.28 USD/oz, Cu 4.25 USD/lbs, Pb 1955.58 USD/ton and Zn 2750.50 USD/ton on January 31st, 2025. There is potential for economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration projects in the same Golden Triangle Mining Camp where Goliath’s project is located such as the Homestake Ridge Gold Project (Auryn Resources Technical Report, Updated Mineral Resource Estimate and Preliminary Economic Assessment on the Homestake Ridge Gold Project, prepared by Minefill Services Inc. Bothell, Washington, dated May 29, 2020). Here, AuEq values were calculated using 3-year running averages for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Gold were 85.5%, Silver at 74.6%, Copper at 74.6% and Lead at 45.3%. It will be assumed that Zinc can be recovered with the Copper at the same recovery rate of 74.6%. The quoted reference of metallurgical recoveries is not from Goliath’s Golddigger Project, Surebet Zone mineralization, and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work such as in a Feasibility Study can be eventually completed on the Golddigger Project.

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

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Goliath’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the ability of the Company to complete financings and its ability to build value for its shareholders as it develops its mining properties. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Goliath. Although such statements are based on management's reasonable assumptions, there can be no assurance that the proposed transactions will occur, or that if the proposed transactions do occur, will be completed on the terms described above.

The forward-looking information contained in this release is made as of the date hereof and Goliath is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

This announcement does not constitute an offer, invitation, or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal. The securities referred to herein have not been and will not be will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

We recently published an article titled These 10 Firms Led Lagged Performance on Wednesday. In this article, we are going to take a look at where Harmony Gold Mining Company Limited (NYSE:HMY) stands against the other stocks.

Wall Street’s major indices finished in the green territory anew on Wednesday as worries about tariff policies and the Federal Reserve’s independence tapered off following President Donald Trump’s assurance that he had no intentions of ousting Jerome Powell.

The Nasdaq surged by 2.5 percent, the S&P 500 rose by 1.67 percent, while the Dow Jones increased by 1.07 percent.

Ten companies, on the other hand, led the highest declines, booking modest losses during the trading session.

In this article, we have identified Wednesday’s 10 worst-performing stocks and detailed the reasons behind their lagging performance.

To come up with the list, we considered only the stocks with more than $2 billion in market capitalization and $5 million in trading volume.

Why Harmony Gold Mining Company Ltd. (HMY) Soared Last Week?

An open pit mine with heavy excavation machinery toiling away against the backdrop of a hidden valley.

Harmony Gold Mining Company Limited (NYSE:HMY)

Harmony Gold Mining Company Limited (NYSE:HMY) dropped its share prices for a second day, shedding 5.76 percent to finish at $16.03 apiece as investors continued to sell off positions amid the drop in spot prices of gold.

As of 4:46 PM EDT on Wednesday, gold spot prices were down by 2.73 percent at $3,288.44 per ounce.

In recent news, Harmony Gold Mining Company Limited (NYSE:HMY) earned a higher price target of ZAR 295 from ZAR 205 previously, while keeping a hold rating on the shares.

Earlier this year, the company said that its net income in the first semester grew by 33 percent to R7.9 billion from R5.96 billion in the same period a year earlier, as revenues rose by 18 percent to R37.1 billion from R31.4 billion, with gold revenues contributing to total revenue growth, increasing 19 percent to R35.4 million from R29.7 million.

Overall HMY ranks 9th on our list of the worst performing stocks on Wednesday. While we acknowledge the potential of HMY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HMY but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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

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OTTAWA, ON, April 23, 2025 /CNW/ – Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to announce that it intends to undertake a non-brokered private placement financing for aggregate gross proceeds of $300,000 (the "Offering").

The Offering will be comprised of up to 7,500,000 units through the sale and issuance of any combination of: i) common shares units ("Units") at $0.04 per Unit with each Unit consisting of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"); and/or ii) flow-through units ("Flow-Through Units") at a price of $0.05 per Flow-Through Unit with each Flow-Through Unit consisting of one Common Share issued on a flow-through basis within the meaning of the Income Tax Act (Canada) and one-half of one Common Share purchase warrant (a "FT Warrant"). Each whole FT Warrant is exercisable for one Common Share at a price of $0.11 per share within 24 months of closing and each Warrant is exercisable for one Common Share at a price of $0.10 per share within 24 months of closing.

Proceeds from the Offering will be used primarily to up-size a 2,000 m diamond drill program at the Company's Root & Cellar Property to 3,000 m and for general working capital purposes. Preparation for the drill program will commence next week with a planned start date in early June.

The Units and Flow-Through Units will be sold to "accredited investors" and other exempt parties pursuant to exemptions from prospectus requirements under Canadian securities laws, and the Company has been authorized to pay up to 6% cash finders fees and up to 6% Warrants or Flow-Through Warrants (as the case may be) to certain registered brokers and dealers in respect of investors introduced to the Company who purchase securities.

Securities issued under the Offering are subject to restrictions on resale for a period of four months and a day from the date of closing. The Offering is subject to final approval of the TSX Venture Exchange. The Company anticipates closing on May 7, 2025

None of the securities sold in connection with the Offering have or will be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or "U.S. persons," as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

About Northern Shield Resources

Northern Shield Resources Inc. is a Canadian-based company known as a leader in generating high-quality exploration targets that views greenfield exploration as an opportunity to find a Tier 1 asset, near surface, and at relatively low cost. We implement a model driven exploration approach to reduce the risk associated with early-stage projects for ourselves, our shareholders, and the environment. This approach led us to option the Root & Cellar Property from a Newfoundland prospector, who discovered the mineralization, and then its advancement to a large gold-silver-tellurium and copper porphyry system.

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

Cautionary Statement Regarding Forward-Looking Statements

This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release but are not limited to, statements with respect to the expectations of management regarding the Offering, the expectations of management regarding the use of proceeds of the Offering and the participations of insiders, closing conditions for the Offering, and TSX Venture Exchange final approval of the Offering. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the TSX Venture Exchange may not provide final approval of the Offering; the proceeds of the Offering may not be used as stated in this news release; the funds raised from the sale of the Flow-Through Units may not be renounced in favour of the holders; and the Company may be unable to satisfy all of the conditions to the closing required by the TSX Venture Exchange. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

SOURCE Northern Shield Resources Inc.

Cision

View original content: http://www.newswire.ca/en/releases/archive/April2025/23/c9620.html

The ASX200 is set to open around 2% higher, reflecting a positive shift in investor sentiment following hopeful signs of easing tensions in the U.S.-China trade war. For those considering investments in smaller or emerging companies, penny stocks—despite their somewhat outdated moniker—continue to offer intriguing opportunities. These stocks can combine affordability with growth potential, especially when backed by solid financial foundations, and this article will explore several that stand out for their financial strength.

Top 10 Penny Stocks In Australia

Name	Share Price	Market Cap	Financial Health Rating
CTI Logistics (ASX:CLX)	A$1.66	A$133.7M	★★★★☆☆
MotorCycle Holdings (ASX:MTO)	A$2.11	A$155.73M	★★★★★★
EZZ Life Science Holdings (ASX:EZZ)	A$1.58	A$74.53M	★★★★★★
IVE Group (ASX:IGL)	A$2.43	A$374.66M	★★★★★☆
GTN (ASX:GTN)	A$0.605	A$116.34M	★★★★★★
Bisalloy Steel Group (ASX:BIS)	A$3.30	A$156.59M	★★★★★★
Regal Partners (ASX:RPL)	A$1.69	A$568.12M	★★★★★★
SHAPE Australia (ASX:SHA)	A$2.94	A$243.25M	★★★★★★
NRW Holdings (ASX:NWH)	A$2.45	A$1.12B	★★★★★☆
LaserBond (ASX:LBL)	A$0.375	A$44M	★★★★★★

Click here to see the full list of 988 stocks from our ASX Penny Stocks screener.

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

Arafura Rare Earths

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

Overview: Arafura Rare Earths Limited focuses on the exploration and development of mineral properties in Australia, with a market cap of A$517.51 million.

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

Market Cap: A$517.51M

Arafura Rare Earths, with a market cap of A$517.51 million, remains pre-revenue and unprofitable, having reported a net loss of A$18.85 million for the half-year ended December 2024. Despite being debt-free and having short-term assets exceeding liabilities, the company faces challenges due to its inexperienced management and board teams. While it was recently added to the S&P/ASX Emerging Companies Index, it was dropped from several others like the S&P/ASX 300 Index in March 2025. The company’s cash runway is limited but has been extended through additional capital raising efforts.

ASX:ARU Debt to Equity History and Analysis as at Apr 2025CTI Logistics

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

Overview: CTI Logistics Limited, along with its subsidiaries, offers transport and logistics services across Australia and has a market cap of A$133.70 million.

Operations: The company’s revenue is primarily derived from its Transport segment, contributing A$228.92 million, followed by the Logistics segment at A$124.18 million, and Property at A$8.13 million.

Market Cap: A$133.7M

CTI Logistics, with a market cap of A$133.70 million, has shown stable performance in the penny stock sector. The company reported half-year sales of A$165.9 million, slightly up from the previous year, though net income decreased to A$7.11 million. Despite a low return on equity at 12.3%, CTI’s debt is well-managed with a satisfactory net debt to equity ratio of 36.5%. Although short-term assets do not cover liabilities, earnings growth has outpaced industry averages and is forecasted to accelerate by 23.25% annually, suggesting potential for future profitability improvements despite current dividend sustainability concerns.

ASX:CLX Debt to Equity History and Analysis as at Apr 2025Diversified United Investment

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

Overview: Diversified United Investment Limited is a publicly owned investment manager with a market cap of A$1.08 billion.

Operations: The company generates revenue primarily from its investment activities, totaling A$46.41 million.

Market Cap: A$1.08B

Diversified United Investment Limited, with a market cap of A$1.08 billion, has demonstrated stable financial management despite recent negative earnings growth. The company’s debt is well-managed, with cash exceeding total debt and interest payments covered 12.2 times by EBIT. While the return on equity is low at 3.4%, the firm maintains high-quality past earnings and improved net profit margins year-over-year to 79.3%. However, its dividend yield of 3.21% isn’t fully supported by earnings, raising sustainability concerns despite recent dividend affirmations indicating continued shareholder returns amidst seasoned board oversight averaging a tenure of 15 years.

ASX:DUI Financial Position Analysis as at Apr 2025Summing It All Up

Explore the 988 names from our ASX Penny Stocks screener here.
Searching for a Fresh Perspective? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 24 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.

Companies discussed in this article include ASX:ARU ASX:CLX and ASX:DUI.

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

We recently published a list of 12 Best Uranium Stocks to Invest in According to Analysts. In this article, we are going to take a look at where BHP Group Limited (NYSE:BHP) stands against other uranium stocks to invest in.

Nuclear power is making a notable comeback. More than 20 countries pledged to triple nuclear energy by 2050 at the COP28 summit. Nuclear power is considered crucial for lowering emissions, and it is gaining support from both environmental advocates and US national security interests, though for different motivations. Big tech companies are also getting involved as they hunt for more energy to power massive data centers.

Uranium is not presently categorized as a “critical mineral” by the US Geological Survey (USGS) because it is classified as a fuel mineral. However, President Trump is pushing for its inclusion in the list, which would gather federal support and speed up project approvals. This seems like a sensible play on Trump’s part, as demand for uranium is climbing, and the US relies almost entirely on imports, with most of the world’s supply originating from a handful of countries. Uranium prices were at a 16-year high in 2023 and, while they have dipped marginally, they remain higher than at any time since Fukushima in 2011.

In December 2024, John Ciampaglia, CEO of Sprott Asset Management, told CNBC that the uranium industry had been on life support for nearly a decade after Fukushima, and there needed to be better supply discipline in the market. Uranium producers need to ensure that future supply matches demand. He noted that three factors supported the industry – first, the growing electrification in China, India, and other developing countries, secondly, energy security and decarbonization are putting the focus back on nuclear fuel as an energy source, and third, tech companies are now investing in the development of small modular reactors. He also commented on uranium spot and market prices, which are gradually moving upward. He believes uranium prices need to go higher to incentivize chemical producers and miners to increase production and build new mines, which is critical to developing uranium as a reliable electricity fuel in the coming decades.

Current supply shortages, higher long-term prices, and forecasts for record nuclear energy production in 2025 all point to a positive future. With that industry outlook in mind, let’s take a look at the best uranium stocks to buy according to analysts.

BHP Group Limited (BHP): Among the Best Uranium Stocks to Invest in According to Analysts

An aerial view of a mining operation in action, with large trucks and yellow diggers.

Our Methodology

For this article, we searched credible websites and compiled an extensive list of US-listed uranium stocks. Next, we manually searched for the average upside potential of each stock and selected 12 stocks with the highest values. The list below is ranked in ascending order of the upside potential as of April 19. We have also mentioned the hedge fund sentiment as of Q4 2024.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

BHP Group Limited (NYSE:BHP)

Number of Hedge Fund Holders: 28

Average Upside Potential: 14.82%

BHP Group Limited (NYSE:BHP) is one of the biggest natural resources companies in the world, focusing on the mining of copper, iron ore, coal, gold, uranium, nickel, silver, zinc, lead, cobalt, and molybdenum. It is one of the best uranium stocks on Wall Street. On February 18, 2025, the company announced an interim dividend of $0.50 per share for the half year ended 31 December 2024. The dividend was distributed to shareholders on March 27. The company has consistently shelled out dividends for 45 years.

In February 2025, BHP Group Limited (NYSE:BHP) assured investors that it can double its copper production in South Australia without significantly increasing uranium output. This helps ease long-time concerns that expanding the Olympic Dam mine would flood the market with excess uranium and drive prices down. Under its new smelter expansion plan, copper production could jump from 322,000 to 650,000 tonnes a year, while uranium output would only rise slightly, from 3,600 to no more than 4,000 tonnes.

According to Insider Monkey’s fourth quarter database, 28 hedge funds were bullish on BHP Group Limited (NYSE:BHP), compared to 22 funds in the prior quarter. Ken Fisher’s Fisher Asset Management holds a $1 billion stake in the company.

Overall, BHP ranks 12th among the best uranium stocks to invest in according to analysts. While we acknowledge the potential of BHP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BHP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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

Freeport-McMoRan Inc. FCX and Southern Copper Corporation SCCO are two heavyweights in the copper mining industry. Both operate on a global scale, extracting and processing copper and other metals. Also, both are navigating challenges such as fluctuating copper prices and global economic uncertainties. Given the current uncertainties surrounding the U.S.-China trade tensions and their potential impact on copper prices, analyzing these companies' fundamentals is timely and pertinent.Copper prices surged to a new record high of $5.24 per pound in late March as buyers stocked up the commodity amid concerns that President Donald Trump could impose tariffs on copper, leading to a disruption in the global supply chain. However, prices nosedived to around $4.1 per pound earlier this month amid demand worries due to tariffs, which threatened to cause a broader slowdown globally. Prices of the red metal have moved up lately to roughly $4.9 per pound amid a weakening U.S. dollar on heightened concerns about the prospect of a downturn in the U.S. economy. The trade conflict with China continues to pose risks to copper demand, as the metal is essential in various industries, including electronics and construction. Let’s dive deep and closely compare the fundamentals of these two copper mining giants to determine which one is a better investment now.

The Case for Freeport

Freeport is well-placed with high-quality copper assets and remains focused on strong execution and advancing its organic growth opportunities. At its Cerro Verde operation in Peru, a large-scale concentrator expansion provided incremental annual production of around 600 million pounds of copper and 15 million pounds of molybdenum. It is evaluating a large-scale expansion at El Abra in Chile to define a large sulfide resource that could potentially support a major mill project similar to the large-scale concentrator at Cerro Verde. FCX is also conducting pre-feasibility studies (expected to be completed by mid-2026) in the Safford/Lone Star operations in Arizona to define a significant sulfide expansion opportunity. It also has expansion opportunities at Bagdad in Arizona to more than double the concentrator capacity of the operation. Also, PT Freeport Indonesia (PT-FI) substantially completed the construction of the new greenfield smelter in Eastern Java during 2024, with an expected start-up in mid-2025, followed by a full ramp-up by the end of 2025. PT-FI is also developing the Kucing Liar ore body within the Grasberg district with a targeted commencement of production by 2030. Gold production also commenced at the new precious metals refinery in late 2024. Plans are in place to transition PT-FI’s existing energy source from coal to natural gas, which is expected to significantly reduce greenhouse gas emissions at Grasberg.FCX has a strong liquidity position and generates substantial cash flows, which allow it to finance its growth projects, pay down debt and drive shareholder value. It generated operating cash flows of around $1.4 billion in the fourth quarter. The same for full-year 2024 climbed around 35% year over year to $7.2 billion. It has distributed $4.7 billion to shareholders through dividends and share purchases since June 30, 2021. Freeport ended 2024 with strong liquidity, having $3.9 billion in cash and cash equivalents, $3 billion in availability under the FCX credit facility and $1.5 billion in availability under the PT FI credit facility.FCX offers a dividend yield of roughly 0.9% at the current stock price. Its payout ratio is 20% (a ratio below 60% is a good indicator that the dividend will be sustainable), with a five-year annualized dividend growth rate of about 21.8%. Backed by strong financial health, the company's dividend is perceived to be safe and reliable.Despite these positives, Freeport faces headwinds from higher costs. Freeport’s consolidated unit net cash costs per pound of copper for fourth-quarter 2024 were 9% higher than the prior-year level. The company now estimates that consolidated unit net cash costs for the first quarter will be roughly 5% higher than the January 2025 guidance of $2.05 per pound of copper, mainly due to the timing of gold shipments, which has led to lower by-product credits. FCX is grappling with higher unit net cash costs in North America. Higher labor and mining costs are leading to increased unit costs in the region.

The Case for Southern Copper

Southern Copper has a strong pipeline of world-class copper greenfield projects and various other promising opportunities. The company’s capital investment program for this decade is more than $15 billion. This includes investments in the Buenavista Zinc, Pilares, El Pilar and El Arco projects in Mexico and the Tia Maria, Los Chancas and Michiquillay projects in Peru.The company continues to build its presence in Peru as the country is the second-largest producer of copper. Peru holds about 9% of the world’s copper reserves. Southern Copper’s Michiquillay is expected to become one of Peru's largest copper mines and will produce 225,000 tons of copper per year (along with by-products of molybdenum, gold and silver) for an expected mine life of more than 25 years. Production is expected to start by 2032.Southern Copper targets copper production of 967,000 tons for 2025, in line with last year. This growth is expected to be fueled by higher production in Peru and production from its new Buenavista zinc concentrator. SCCO generated net cash from operating activities of $4.42 billion in 2024, up roughly 24% from $3.57 billion in 2023, attributable to higher net income. SCCO offers a healthy dividend yield of 3.2% at the current stock price. Its payout ratio is 65%, with a five-year annualized dividend growth rate of roughly 13.4%.On the flip side, Southern Copper remains hamstrung by higher operating costs. It saw a 3% year-over-year increase in total operating costs and expenses in 2024. The increase was mainly due to repair materials, translation differences, workers' participation, fuel, labor costs, reagents, currency translation and other factors. The company has been witnessing higher labor costs due to the ongoing tightness of the labor supply. This, along with ongoing inflation for repair materials, operating materials, inventory consumption, operation contractors and services, will likely continue to weigh on Southern Copper’s margins.

Price Performance and Valuation of FCX & SCCO

Year to date, FCX stock has lost 10.6%, while SCCO stock has declined 2.2% compared with the Zacks Mining – Non Ferrous industry’s fall of 14.6%.

Zacks Investment Research

Image Source: Zacks Investment Research

FCX is currently trading at a forward 12-month earnings multiple of 18.95X, higher than its five-year median. This represents a roughly 4.2% premium when stacked up with the industry average of 18.19X.

Zacks Investment Research

Image Source: Zacks Investment Research

SCCO is currently trading at a forward 12-month earnings multiple of 19.66X, lower than its five-year median but above FCX and the industry.

Zacks Investment Research

Image Source: Zacks Investment Research

How Do the Zacks Consensus Estimate Compare for FCX & SCCO?

The Zacks Consensus Estimate for FCX’s 2025 sales and EPS implies a year-over-year rise of 3.4% and 8.8%, respectively. The EPS estimates for 2025 have been trending lower over the past 60 days.

Zacks Investment Research

Image Source: Zacks Investment Research

The consensus estimate for SCCO’s 2025 sales and EPS implies year-over-year growth of 4.2% and 3.2%, respectively. The EPS estimates for 2025 have been trending southward over the past 60 days.

Zacks Investment Research

Image Source: Zacks Investment Research

(Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)

FCX or SCCO: Which Is a Better Pick?

Both FCX and SCCO currently have a Zacks Rank #3 (Hold), so picking one stock is not easy. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Both Freeport and Southern Copper present compelling investment cases. FCX is poised to gain from progress in expansion activities that will boost production capacity. Robust financial health allows FCX to invest in growth projects and drive shareholder value. On the other hand, SCCO is well-positioned to deliver enhanced performance, backed by its constant commitment to increasing low-cost production and growth investments. Leveraging its substantial cash generation capacity, Southern Copper remains committed to returning value to its shareholders while prioritizing the development of projects to uphold its reputation as a low-cost copper producer. However, both companies face the common headwind of higher costs. FCX appears to have a slight edge over SCCO due to its more attractive valuation. In addition, FCX's higher earnings growth projections suggest that it may offer better investment prospects in the current market environment.

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

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

Southern Copper Corporation (SCCO) : Free Stock Analysis Report

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

Zacks Investment Research

We recently published a list of 20 Best Stock To Buy According to Marjorie Taylor Greene. In this article, we are going to take a look at where Southern Copper Corporation (NYSE:SCCO) stands against other best stock to buy according to Marjorie Taylor Greene.

Marjorie Taylor Greene is one of the most active members of the Trump administration on the US stock market. Her latest disclosures show that Greene, who is the US representative for the 14th congressional district of Georgia since 2021, purchased stakes in several beaten down technology stocks in the days prior to the announcement of a 90-day pause on new Trump tariffs. Following the pause, the share prices of many of these technology stocks rallied. This trading activity has drawn the ire of social media, where users routinely highlight that lawmakers from both major parties in the US Congress should be banned from stock trading because of the apparent conflict of interest in owning shares of companies they can heavily influence with positions they can take in office. Like Greene, other US lawmakers active on the stock market, like Nancy Pelosi, are also in the spotlight following the latest bout of the US-China trade war.

Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.

Taylor Greene sits on important Congressional committees, including the House Committee on Oversight and Accountability, where she is the Chairwoman of the Subcommittee on Delivering on Government Efficiency (DOGE). She is also on the House Committee on Homeland Security, where she sits on the Subcommittee on Counterterrorism and Intelligence, as well as the Subcommittee on Oversight, Investigations, and Accountability. Disclosures made by Greene through her latest transaction report reveal that the lawmaker sold between $50,000 to $100,000 worth of US Treasury Bills to fund the purchase of beaten down technology stocks just before an announcement by US President Trump that he was pausing for 90 days new tariffs that had earlier sent markets tumbling around the world. Greene is a staunch supporter of the tariffs, having said in a post on social networking platform X that tariffs were a powerful proven source of leverage to protect national interests.

For this article, we consulted Capitol Trades, a platform that tracks the stock trading activity of politicians in the United States. It is important to clarify that the stocks listed below were picked from the public record of investments Marjorie Taylor Greene has made in the past few months. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Is Southern Copper Corporation (SCCO) the Best Stock To Buy According to Marjorie Taylor Greene?

A large open-pit mining site, its machinery providing a long-term supply of copper.

Southern Copper Corporation (NYSE:SCCO)

Number of Hedge Fund Holders: 33

Southern Copper Corporation (NYSE:SCCO) is a mining company that focuses on the production of copper. According to a Periodic Transaction Report from April 11, Taylor Greene purchased Southern Copper Corporation (NYSE:SCCO) stock worth somewhere between $1,000 and $15,000 on April 8. This trade was disclosed the following day. Copper futures have been in turmoil since Trump announced sweeping tariffs on imports. Per a Reuters report, outright price turbulence of the metal overlays a re-configuration of the physical supply chain as traders ship more copper to the US, which is starting to tighten up availability everywhere else, including in China. After Trump announced a 90-day tariff pause for most countries, excluding China, copper prices rebounded from 17-month lows of $8,105 per metric ton to above $9,000 per ton within a few hours. A Bloomberg report contends that major players in the US copper industry have called on President Donald Trump to restrict exports of ore and scrap metal rather than imposing tariffs on imports, in his efforts to boost domestic production.

Overall, SCCO ranks 20th on our list of best stock to buy according to Marjorie Taylor Greene. While we acknowledge the potential of these companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SCCO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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

We recently published an article titled Gold Miners Dominate Tuesday's Worst-Performing Stocks. In this article, we are going to take a look at where Harmony Gold Mining Company Limited (NYSE:HMY) stands against the other stocks.

Wall Street’s main indices bounced back from a bloodbath on Tuesday as investors gobbled up shares on hopes that the US-China trade tensions can subside.

The Dow Jones rallied by 2.66 percent, the S&P 500 rose by 2.51 percent, and the Nasdaq surged by 2.71 percent.

Despite a broader market optimism, 10 companies, predominantly gold miners, were heavily sold down amid lower gold prices.

To come up with the list, we considered only the stocks with more than $1 billion in market capitalization and $5 million in trading volume.

Why Harmony Gold Mining Company Ltd. (HMY) Soared Last Week?

An open pit mine with heavy excavation machinery toiling away against the backdrop of a hidden valley.

Harmony Gold Mining Company Limited (NYSE:HMY)

Harmony Gold Mining Company Limited (NYSE:HMY) dropped its share prices by 3.9 percent on Tuesday to end at $17.01 apiece as investor funds flocked to higher-yielding assets such as Bitcoin amid the drop in spot prices of gold.

As of this writing, spot prices of gold were at $3,340.94 per ounce, marking a drop from the $3,500 territory in the previous trading session.

In recent news, Harmony Gold Mining Company Limited (NYSE:HMY) earned a higher price target of ZAR 295 from ZAR 205 previously, while keeping a hold rating on the shares.

Overall HMY ranks 9th on our list of Tuesday's worst-performing stocks. While we acknowledge the potential of HMY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HMY but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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

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

OTTAWA, ON, April 22, 2025 /CNW/ – Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSX-V: NRN) is pleased to announce that, in order to address regulatory timing requirements, it has closed the final tranche of a non-brokered, private placement of 5,400,000 units for total proceeds of $258,000 (the "Tranche") bringing the total raised across both tranches to $500,500 (the "Offering").

The Tranche was comprised of: i) 1,200,000 units ("Units") at $0.04 per Unit with each Unit consisting of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant") for aggregate gross proceeds of $48,000; and ii) 4,200,000 flow-through units ("Flow-Through Units") at a price of $0.05 per Flow-Through Unit with each Flow-Through Unit consisting of one Common Share issued on a flow-through basis within the meaning of the Income Tax Act (Canada) and one-half of one Common Share purchase warrant (a "FT Warrant") for aggregate gross proceeds of $210,000. Each whole FT Warrant is exercisable for one Common Share at a price of $0.11 per share within 24 months of closing and each Warrant is exercisable for one Common Share at a price of $0.10 per share within 24 months of closing.

Proceeds from the Offering will be used for working capital and to incur eligible exploration expenses at the Root & Cellar Property focussed on a diamond drill program to commence in early June. The Company paid $11,280 and issued 237,000 warrants in finders fees in connection with the Offering.

"This financing allows us to contract for a 2,000m drill program at Root & Cellar which will likely be expanded to 3,000 m in the coming days as further financing is attained. The drilling will focus on the Conquest Zone where remnant silica sinter and geyser sediments mark the upper most portion of an up-flow zone of an epithermal system. It is unusual to see significant gold mineralization in the sinter and its abundance bodes well for high-grade gold mineralization, that is characteristic of epithermal system at slightly greater depth. 3D modelling of the magnetic low that underlies the Conquest Zone shows a compelling visualization of the epithermal system with the sinter coinciding with the top of one "branch" of the model that extends to approximately 800m depth"

– Ian Bliss, President and CEO, Northern Shield

Securities issued under the Tranche are subject to restrictions on resale for a period of four months and a day from the date of closing. The Offering is subject to final approval of the TSX Venture Exchange.

None of the securities sold in connection with the Offering will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Northern Shield Resources

Cautionary Statement Regarding Forward-Looking Statements

This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release but are not limited to, statements with respect to the expectations of management regarding the Offering, the expectations of management regarding the closing of additional tranches, the use of proceeds of the Offering, closing conditions for the Offering, and TSX Venture Exchange final approval of the Offering. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the TSX Venture Exchange may not provide final approval of the Offering; the Company may be unable to identify additional subscribers; the proceeds of the Offering may not be used as stated in this news release; the funds raised from the sale of the Flow-Through Units may not be renounced in favour of the holders; the Company may be unable to satisfy all of the conditions to the closing required by the TSX Venture Exchange. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law

SOURCE Northern Shield Resources Inc.

Cision

View original content: http://www.newswire.ca/en/releases/archive/April2025/22/c5357.html

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Freeport-McMoRan Inc. FCX is slated to report first-quarter 2025 results before the opening bell on April 24. While higher unit costs are likely to have impacted FCX’s performance, it is expected to have benefited from higher realized copper prices.The Zacks Consensus Estimate for first-quarter earnings has been revised downward in the past 60 days. The consensus estimate for earnings is pegged at 24 cents per share, suggesting a 25% year-over-year decline. The Zacks Consensus Estimate for revenues currently stands at $5.31 billion, indicating a 16% decline on a year-over-year basis.

Zacks Investment Research

Image Source: Zacks Investment Research

FCX beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed once. It has a trailing four-quarter earnings surprise of 15.2% on average.

Zacks Investment Research

Image Source: Zacks Investment Research

Q1 Earnings Whispers for FCX Stock

Our proven model does not conclusively predict an earnings beat for FCX this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.FCX has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.(Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)

Factors Shaping FCX’s Q1 Results

Freeport’s first-quarter results are expected to have been aided by higher copper prices. Copper saw a strong rebound in the first quarter after slumping nearly 12% to around $4 per pound in the fourth quarter of 2024. Prices surged to a new record high of $5.24 per pound in late March 2025 as buyers stocked up the commodity amid concerns that President Trump could impose tariffs on copper, leading to a disruption in the global supply chain. Prices of copper were up nearly 25% in the first quarter, closing at around $5 per pound. Our estimate for first-quarter average realized price for copper for FCX currently stands at $4.40 per pound, which indicates a year-over-year rise of 11.7%.Higher unit costs are likely to have affected the company’s performance in the March quarter. Freeport’s consolidated unit net cash costs per pound of copper for fourth-quarter 2024 were 9% higher than the prior-year level. The company, last month, said that it now estimates consolidated unit net cash costs for the first quarter to be roughly 5% higher than the January 2025 guidance of $2.05 per pound of copper, mainly due to the timing of gold shipments, which has led to lower by-product credits. Its first-quarter gold sales volumes were impacted by the timing of shipments in Indonesia. FCX expects gold sales to be about 100,000 ounces lower than the January forecast of 225,000 ounces.

FCX Stock’s Price Performance and Valuation

FCX’s shares have lost 31.3% in a year, underperforming the Zacks Mining – Non Ferrous industry’s 29.8% decline and the S&P 500’s increase of 4.6%. Its peers, Southern Copper Corporation SCCO, BHP Group Limited BHP and Rio Tinto Group RIO have lost 20.2%, 20.1% and 12.3%, respectively, over the same period.

FCX’s One-year Price PerformanceZacks Investment Research

Image Source: Zacks Investment Research

From a valuation standpoint, Freeport is currently trading at a forward 12-month earnings multiple of 18.35X, a roughly 1.1% premium to the peer group average of 18.15X.

Zacks Investment Research

Image Source: Zacks Investment Research

Investment Thesis for FCX Stock

Freeport is well-placed with high-quality copper assets and remains focused on strong execution and advancing its organic growth opportunities. It is expected to gain from progress in exploration activities that will boost production capacity. FCX also has a strong liquidity position and generates substantial cash flows, which allow it to finance its growth projects, pay down debt and drive shareholder value. Backed by strong financial health, the company's dividend is perceived to be safe and reliable. The strength in copper prices should also support its profitability and drive cash flow generation.Freeport faces headwinds from higher costs, which may eat into its margins. FCX is grappling with higher unit net cash costs in North America. Higher labor and mining costs are leading to increased unit costs in the region.

Final Thoughts: Hold Onto FCX Shares

FCX is poised to gain from progress in expansion activities that will boost production capacity. Robust financial health allows FCX to invest in growth projects and drive shareholder value. Despite these positives, declining earnings estimates and high production costs warrant caution. Holding onto the FCX stock will be prudent for investors who already own it, awaiting more clarity on the company’s prospects following its forthcoming earnings release.

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

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

Rio Tinto PLC (RIO) : Free Stock Analysis Report

Southern Copper Corporation (SCCO) : Free Stock Analysis Report

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

Zacks Investment Research

VANCOUVER, BC / ACCESS Newswire / April 21, 2025 / Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") is pleased to announce that, subject to the approval of the TSX Venture Exchange ("TSXV"), it has granted 2,940,000 stock options (each, an "Option") and restricted share units (each, an "RSU") to certain directors and officers of the Company in accordance with the Company's Long-Term Performance Incentive Plan ("LTIP").

Each Option and RSU is exercisable into one common share in the capital of the Company ("Share") at a price of $0.16 per share, based on the five-day moving average volume weighted price of the Shares on the TSXV on April 17, 2025.

The Options will vest over a period of five years from the date of grant and the RSUs will vest on the one-year anniversary of the grant. All vesting is in accordance with the shareholder approved LTIP.

Upcoming Events

Stillwater's President and CEO, Michael Rowley, will be available at the following events in 2025, in addition to other events to be added as the Company rolls out its marketing plans over the coming year:

Global Commodity Expo Florida – Fort Lauderdale, Florida, USA, May 11-13, 2025. For information, click here.

Global Commodity Expo Atlanta – Atlanta, Georgia, USA, May 14-16, 2025. For information, click here.

The Mining Investment Event of the North – Quebec City, Quebec, Canada, June 3-5, 2025. For information, click here.

Precious Metals Summit – Beaver Creek, Colorado, September 9-12, 2025. For information, click here.

Precious Metals Summit – Zurich, Switzerland, November 10-11, 2025. For information, click here.

About Stillwater Critical Minerals Corp.

Stillwater Critical Minerals (TSX.V: PGE | OTCQB: PGEZF | FSE: J0G) is a 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 resource in an active U.S. mining district as part of a compelling suite of nine minerals now listed as critical in the USA.

Stillwater also holds a 49% interest in the high-grade Drayton-Black Lake- gold project adjacent to Nexgold Mining's development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory. The Company also holds the Duke Island Cu-Ni-PGE property in Alaska and maintains a back-in right on the high-grade past-producing Yankee-Dundee in BC, following its sale in 2013.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Michael Rowley, President, CEO & Director – Stillwater Critical Minerals

Email: info@criticalminerals.com Phone: (604) 357 4790

Web: http://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, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Stillwater Critical Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Stillwater Critical Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedarplus.ca.

Neither the 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.

SOURCE: Stillwater Critical Minerals Corp.

View the original press release on ACCESS Newswire

Lundin Mining (LUN.TO) over the holiday weekend, pre-announced certain items that impacted its first

We recently published a list of 10 Value Stocks in Ken Fisher’s Portfolio. In this article, we are going to take a look at where Freeport-McMoRan Inc. (NYSE:FCX) stands against other value stocks in Ken Fisher’s portfolio.

Trump’s “stupid” tariffs will fail; that’s the sentiment echoed by billionaire investor Ken Fisher as their impact continues to be felt far and wide. Fisher, the brains behind Fisher Asset Management joins a growing list of institutional investors concerned that tariffs will lower growth and raise inflation at a time of weakening consumer sentiment. Billionaire investor Bill Ackman has already warned that the U.S. could be headed to an “economic nuclear winter” as a result of the tariff policy rollout, costing Trump the confidence of business leaders.

While major indices have pulled back significantly amid deep selloff in various sectors, Trump insists on staying in the race to remake the global trade order. Stocks are already on the brink of plunging into bearish territories amid recession concerns. The global stock market has lost trillions of dollars since Trump imposed sweeping tariffs on every nation that exports products to the US. Stock indices abroad have also felt the brunt, dropping by more than 10%, as it becomes clear an extended trade war is the biggest threat to the global economy.

Amid the growing concerns, Fisher insists the pitfalls of the ravaging trade war are passing wind that will fade and fail.

“What Trump unveiled Wednesday is stupid, wrong, arrogantly extreme, ignorant trade-wise and addressing a non-problem with misguided tools,” Fisher wrote on social media platform “X.” “Yet, as near as I can tell it will fade and fail and the fear is bigger than the problem, which from here is bullish.”

How true that is, is still an open discussion as Trump stays put even as reciprocal tariffs come into play. China has already responded with an 84% tariff on US goods in response to the US imposing more than 100% tariffs on Chinese imports. The back-and-forth spat threatens to affect the global trade order, causing heightened jitters in the equity markets.

According to Fisher, the deep selloff on fears of a full-blown trade could be outsized compared to the issues around the policy itself. Consequently, the billionaire investor expects the market to bounce back and rally once the selloff dust settles.

“The fear is bigger than the problem can be,” Fisher continued. “Single period stock market comparisons are always iffy, but it may well be this goes something like the 1998 stock market correction leading to a 26% annual return.”

Even as investors turn their attention to safe havens in the race to store wealth, value stocks remain resilient. The top value stocks in the Fisher Asset Management portfolio stand out because they are well-established companies. The fact that they are undervalued due to the ongoing market correction amid the trade war presents an exciting opportunity. Additionally, the stocks are spread across various sectors, from financials to healthcare to consumer cyclical and technology.

Our Methodology

We combed Fisher Asset Management’s Q4 2024 13F filings to identify the 10 value stocks in Ken Fisher’s portfolio. We chose stocks that are trading at a forward P/E of less than 20 and are part of industries including energy, financials, and healthcare, among others. Finally, we ranked the stocks in ascending order based on the value of Fisher Asset Management equity stakes in the stocks while also outlining hedge fund sentiment for each stock as of Q4 2024.

Freeport-McMoRan Inc. (FCX): Among Value Stocks in Ken Fisher’s Portfolio

A large open-pit copper mine with heavy machinery extracting minerals from the earth.

Freeport-McMoRan Inc. (NYSE:FCX)

Fisher Asset Management Equity Stake: $2.26 Billion

Forward P/E Ratio as of April 17: 18.21

Number of Hedge Holders: 88

Freeport-McMoRan Inc. (NYSE:FCX) is a basic materials company that engages in the mining of mineral properties. It primarily explores and develops copper, gold, molybdenum and silver properties around the globe. It is one of the top-value stocks in Ken Fisher’s portfolio, poised to capitalize on soaring prices of precious metals.

On April 16, Wolfe Research upgraded Freeport-McMoRan Inc. (NYSE:FCX) to an Outperform with a $39 price target. The bullish stance comes on Freeport McMoran announcing a $0.15 dividend yield to be paid on May 1. The stock yields 0.9% on dividends affirming the company’s focus on returning value to shareholders.

In addition, Freeport-McMoRan Inc. (NYSE:FCX) expects its Q1 copper sales to align with its January forecast of 850 million pounds. Consequently, the company should benefit from soaring copper prices as demand remains high. While gold sales are expected to be about 100,000 ounces lower than the January forecast of 225,000 ounces, the company’s consolidated unit cash should increase by 5% owing to high gold and copper prices.

Overall, FCX ranks 6th on our list of value stocks in Ken Fisher’s portfolio. While we acknowledge the potential of FCX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FCX but that trades at less than 5 times its earnings check out our report about this cheapest AI stock.

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

Investors who take an interest in Lara Exploration Ltd. (CVE:LRA) should definitely note that the Vice President of Corporate Development, Christopher MacIntyre, recently paid CA$1.53 per share to buy CA$366k worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 14%.

We've discovered 5 warning signs about Lara Exploration. View them for free.

The Last 12 Months Of Insider Transactions At Lara Exploration

In fact, the recent purchase by Christopher MacIntyre was the biggest purchase of Lara Exploration shares made by an insider individual in the last twelve months, according to our records. Even though the purchase was made at a significantly lower price than the recent price (CA$1.83), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

In the last twelve months Lara Exploration insiders were buying shares, but not selling. Their average price was about CA$1.33. To my mind it is good that insiders have invested their own money in the company. But we must note that the investments were made at well below today's share price. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Check out our latest analysis for Lara Exploration

TSXV:LRA Insider Trading Volume April 18th 2025

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

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Lara Exploration insiders own about CA$17m worth of shares. That equates to 18% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Lara Exploration Tell Us?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Given that insiders also own a fair bit of Lara Exploration we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Lara Exploration. When we did our research, we found 5 warning signs for Lara Exploration (3 shouldn't be ignored!) that we believe deserve your full attention.

But note: Lara Exploration may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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

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

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. However, after investigating Zimplats Holdings (ASX:ZIM), we don't think it's current trends fit the mold of a multi-bagger.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

What Is Return On Capital Employed (ROCE)?

For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for Zimplats Holdings:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities)

0.03 = US$69m ÷ (US$2.5b – US$269m) (Based on the trailing twelve months to December 2024).

So, Zimplats Holdings has an ROCE of 3.0%. Ultimately, that's a low return and it under-performs the Metals and Mining industry average of 8.3%.

Check out our latest analysis for Zimplats Holdings

ASX:ZIM Return on Capital Employed April 17th 2025

Historical performance is a great place to start when researching a stock so above you can see the gauge for Zimplats Holdings' ROCE against it's prior returns. If you'd like to look at how Zimplats Holdings has performed in the past in other metrics, you can view this free graph of Zimplats Holdings' past earnings, revenue and cash flow.

What Does the ROCE Trend For Zimplats Holdings Tell Us?

On the surface, the trend of ROCE at Zimplats Holdings doesn't inspire confidence. Over the last five years, returns on capital have decreased to 3.0% from 18% five years ago. Meanwhile, the business is utilizing more capital but this hasn't moved the needle much in terms of sales in the past 12 months, so this could reflect longer term investments. It may take some time before the company starts to see any change in earnings from these investments.

The Bottom Line

To conclude, we've found that Zimplats Holdings is reinvesting in the business, but returns have been falling. Since the stock has gained an impressive 57% over the last five years, investors must think there's better things to come. Ultimately, if the underlying trends persist, we wouldn't hold our breath on it being a multi-bagger going forward.

Since virtually every company faces some risks, it's worth knowing what they are, and we've spotted 2 warning signs for Zimplats Holdings (of which 1 shouldn't be ignored!) that you should know about.

While Zimplats Holdings may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.

Alphamin Resources (AFM.V) on Thursday said contained tin production of 4,270 tonnes for the quarter

Alphamin Resources Corp.

GRAND BAIE, MAURITIUS, April 17, 2025 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) is pleased to provide an operational update as follows:

Q1 2025 contained tin production of 4,270 tonnes until operations ceased on 13 March 2025 (Q4 2024: 5,237 tonnes)
Q1 2025 EBITDA2,3 guidance of US$62m (Q4 2024 actual: US$76m)
FY2025 contained tin production guidance revised to 17,500 tonnes due to security-related production interruption (previously 20,000 tonnes)
Phased resumption of tin production commenced on 15 April 2025

Operational and Financial Summary for the Quarter ended March 20251

__________________________________________________________________________________________

1Information is disclosed on a 100% basis. Alphamin indirectly owns 84.14% of its operating subsidiary to which the information relates. 2Q1 2025 EBITDA and AISC represent management’s guidance. 3This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers.See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.

Operational and Financial Performance

Contained tin production of 4,270 tonnes for the quarter ended March 2025 was 18% below the prior period following a cessation of mining and processing activities on 13 March 2025 due to security concerns. The tin grade of ore processed was 18% higher at 3,55% and as a result daily throughput volumes were reduced to optimise plant recoveries at the higher feed grade. The FY2025 mineplan still targets an average ore grade of 3% with the outperformance in grade during Q1 2025 expected to average down during the remainder of the financial year. The processing facilities continued to perform well – overall plant recoveries averaged 75% during the quarter, above the target of 73%.

Q1 2025 contained tin sales of 3,863 tonnes was recorded against production of 4,270 tonnes with a significant amount sold and exported post quarter end totalling 4,581 tonnes for the year to 16 April 2025.

Q1 2025 AISC per tonne of tin sold was US$16,339 and 9% above the prior quarter’s AISC of US$15,034, primarily due to the impact of the operational stop on 13 March 2025. Operating expenditure included fixed costs and payroll for the full month of March 2025 as well as care and maintenance and mine evacuation costs while tin production was halted on 13 March 2025. As a result, EBITDA guidance for Q1 2025 is US$62m, 19% lower than the previous quarter’s actual of US$76m.

Following the temporary cessation of operations on 13 March 2025 due to security concerns, the Company announced on 9 April 2025 its intention to resume operations at the mine. Tin production recommenced on 15 April 2025 through the treatment of run-of-mine ore stockpiles and are expected to ramp-up to nameplate within a week. Underground mining activities are planned to recommence later in April 2025 as employees continue to return in a phased manner. Following the resumption of mine operations, inbound and outbound logistics providers have re-mobilised fleets of trucks in order to continue with normal mine procurement and export product deliveries. The mine is adequately supplied with consumables and spares to support the resumption of production and tin concentrate exports are expected to continue normally as was the case during Q1 2025 and subsequently.

As a result of the production interruption between 13 March 2025 and April 2025, the Company has reduced its FY2025 tin production guidance from 20,000 tonnes to 17,500 tonnes.

The Company has US$99 million in cash at 17 April 2025 with US$38m of sales receipts expected prior to the end of April 2025. During this time, the Company has not utilised its up to US$50 million tin prepayment arrangement. The Company’s US$53 million overdraft facility was agreed for renewal, subject to formal documentation, for a further 12 months and subject to either a US$28 million international bank guarantee against off-shore cash or a US$28 million repayment by 31 May 2025. In the event that the operation ceases, the facility will reduce to US$25 million with full repayment required should the cessation continue for 6 months. A final FY2024 DRC income tax payment of US$38m is due by 30 April 2025.

Due to the timing of the security related production interruption between 13 March 2025 and April 2025, the Board considered it prudent not to declare a final FY2024 dividend in April 2025.

Regional security update

Since late January 2025, insurgents have advanced from their previous positions and seized the cities of Goma and Bukavu, the capital cities of the North and South Kivu provinces, in eastern Democratic Republic of the Congo (DRC). On February 18, 2025 the Company announced that the seizure of the city of Bukavu, the second largest city of the eastern DRC, in addition to Goma, had increased the security risk and operating risk profile of the Company. On March 13, 2025 the Company announced the temporary cessation of mining operations due to insurgents’ advance westwards towards the mine location and within 110km from the mine. Insurgents subsequently occupied the town of Walikale on 20 March 2025. On April 9, 2025 the Company announced the initiation of a phased resumption of operations following the withdrawal of insurgents from the town of Walikale eastwards towards Masisi. The safety of the Company’s employees and contractors and compliance with the DRC and international laws remains its committed focus. The Company is closely monitoring the situation as it continues to progress, and will provide further updates if required.

Changes to operating subsidiary, Alphamin Bisie Mining (ABM), board

Mr. John Robertson, the current Managing Director of ABM, has elected to retire. The Board wishes to thank Mr. Robertson for his valuable input and contribution to the Company’s steady-state operations and successful expansion to becoming one of the world’s largest low-cost tin producers.

Subject to regulatory approval, Mr. Jac van Heerden (50), a mining professional with 25 years of mining experience in Africa, has been appointed Managing Director of ABM. He has significant surface and underground mine management experience in both base and precious metals and a strong background in mine technical services, general and executive management. We look forward to the impact of Jac’s leadership qualities as we continue to create sustainable value for the benefit of all of ABM’s stakeholders.

Qualified Persons

Mr. Clive Brown, Pr. Eng., B.Sc. Engineering (Mining), is a qualified person (QP) as defined in National Instrument 43-101 and has reviewed and approved the scientific and technical information contained in this news release. He is a Principal Consultant and Director of Bara Consulting Pty Limited, an independent technical consultant to the Company._________________________________________________________________________________________

FOR MORE INFORMATION, PLEASE CONTACT:

Maritz Smith CEO Alphamin Resources Corp. Tel: +230 269 4166E-mail: msmith@alphaminresources.com

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Information in this news release that is not a statement of historical fact constitutes forward-looking information. Forward-looking statements contained herein include, without limitation, Q1 2025 EBITDA and AISC guidance, guidance for contained tin production for the year ending 31 December 2025, our expectations for ore grades during the remainder of 2025, sales following customary patterns following resumption of production and not being disrupted, the timing and quantum of receipt of funds from prior tin concentrate sales and expected commencement of underground activities later in April 2025. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Such factors include, without limitation: uncertainties regarding Mpama North and Mpama South estimates of the expected mined tin grades, processing plant performance and recoveries, uncertainties regarding the underground conditions for development, uncertainties regarding the logistical roads within the DRC for purposes of transporting product for sale and inbound consumables and equipment, uncertainties regarding global supply and demand for tin and market and sales prices, uncertainties with respect to social, community and environmental impacts, uninterrupted access to required infrastructure and third party service providers, adverse political events and risks of security related incidents which may impact the operation, outbound roads used to transport product and consumables or the safety of our people, uncertainties regarding the legislative requirements in the Democratic Republic of the Congo which may result in unexpected fines and penalties and tax payments, impacts of the global Covid-19 pandemic or other health crises on mining operations and commodity prices, price volatility in the spot and forward markets for tin and other commodities; significant capital requirements and the availability and management of capital resources; uncertainties regarding lenders and bankers’ reaction to their exposure to the Company during this period of unstable regional security in the eastern DRC which may lead to additional funding requirements; fluctuations in the international currency markets and in the rates of exchange of the currencies of the Democratic Republic of Congo (DRC) and the United States of America (US); discrepancies between actual and estimated production and the costs thereof; between actual and estimated reserves and resources and between actual and estimated metallurgical recoveries; changes in national and local government legislation in the DRC or any other country in which Alphamin currently or may in the future conduct business; taxation; controls, regulations and political or economic developments in the countries in which Alphamin does or may conduct business; the speculative nature of mineral exploration and development, including the risks of obtaining and maintaining the validity and enforceability of the necessary licenses and permits and complying with the permitting requirements of each jurisdiction in which Alphamin operates, including, but not limited to: obtaining and maintaining the necessary permits for the Bisie Project; the lack of certainty with respect to foreign legal systems, which may not be immune from the influence of political pressure, corruption or other factors that are inconsistent with the rule of law; the uncertainties inherent to current and future legal challenges Alphamin is or may become a party to; diminishing quantities or grades of reserves and resources; competition; loss of key employees; inclement weather conditions; availability of power, water, transportation routes and other required infrastructure for the Bisie tin project; general economic conditions and inflation and rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; uncertainties inherent to mining economic studies; changes in project parameters as plans continue to be refined; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorisations and complying with permitting requirements, including those associated with the environment. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and losses of processed tin (and the risk of inadequate insurance or inability to obtain insurance to cover these risks), as well as “Risk Factors” included elsewhere in this MD&A and Alphamin’s public disclosure documents filed on and available at www.sedarplus.ca.

USE OF NON-IFRS FINANCIAL PERFORMANCE MEASURES

This announcement refers to the following non-IFRS financial performance measures:

EBITDA

EBITDA is profit before net finance expense, income taxes and depreciation, depletion, and amortization. EBITDA provides insight into our overall business performance (a combination of cost management and growth) and is the corresponding flow driver towards the objective of achieving industry-leading returns. This measure assists readers in understanding the ongoing cash generating potential of the business including liquidity to fund working capital, servicing debt, and funding capital and exploration expenditures and investment opportunities.

This measure is not recognized under IFRS as it does not have any standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to similar measures presented by other issuers. EBITDA data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

CASH COSTS

This measures the cash costs to produce and sell a tonne of contained tin. This measure includes mine operating production expenses such as mining, processing, administration, indirect charges (including surface maintenance and camp and head office costs), and smelting, refining and freight, distribution and royalties. Cash Costs do not include depreciation, depletion, and amortization, reclamation expenses, capital sustaining, borrowing costs and exploration expenses. On mine costs, exclusive of stock movement, are calculated on a cost per tonne produced basis, off mine costs are calculated on a cost per tonne sold basis.

AISC

This measures the cash costs to produce and sell a tonne of contained tin plus the capital sustaining costs to maintain the mine, processing plant and infrastructure. This measure includes the Cash Cost per tonne and capital sustaining costs together divided by tonnes of contained tin produced. All-In Sustaining Cost per tonne does not include depreciation, depletion, and amortization, reclamation, borrowing costs, foreign exchange gains and losses, exploration expenses and expansion capital expenditures.

Sustaining capital expenditures are defined as those expenditures which do not increase payable mineral production at a mine site and excludes all expenditures at the Company’s projects and certain expenditures at the Company’s operating sites which are deemed expansionary in nature.

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

Southern Copper (SCCO) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus Estimate

This miner is expected to post quarterly earnings of $1.13 per share in its upcoming report, which represents a year-over-year change of +20.2%.

Revenues are expected to be $2.98 billion, up 14.7% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 0.87% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Earnings Whisper

Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Southern Copper?

For Southern Copper, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +10.22%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Southern Copper will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?

While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Southern Copper would post earnings of $1.02 per share when it actually produced earnings of $1.01, delivering a surprise of -0.98%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom Line

An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Southern Copper appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

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Southern Copper Corporation (SCCO) : Free Stock Analysis Report

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

Zacks Investment Research

(Bloomberg) — The world’s biggest iron ore miners face a difficult start to the year, after extreme weather impacted production and as their biggest customer China braces for a trade war.

Most Read from Bloomberg Businessweek

VANCOUVER, BC, April 17, 2025 /CNW/ – (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pre-announcing certain items impacting the Company's quarterly earnings, adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA")1, adjusted earnings1 and adjusted earnings per share1.

Revenue and Provisional Pricing Adjustments

Revenue in the first quarter 2025 is expected to be positively impacted by unaudited provisional pricing adjustments on prior period concentrate sales by approximately $45 million on a pre-tax basis. These adjustments primarily include upward adjustments in relation to copper and gold sales, partially offset by downward adjustments on molybdenum sales.

Foreign Exchange and Derivatives

Items of significant impact in the first quarter 2025 are expected to include unaudited realized losses on foreign exchange derivative contracts of approximately $12 million on a pre-tax basis primarily due to Canadian dollar derivative contracts entered into in relation to the cash consideration for Filo Corp. Additionally, unaudited realized foreign exchange losses of approximately $10 million on a pre-tax basis were primarily due to strengthening of the Brazilian real ("BRL") and Chilean peso ("CLP") against the US dollar during the quarter.

In the first quarter 2025 the Company is also expected to recognize certain non-cash items that will impact the Company's earnings but not adjusted EBITDA, adjusted earnings or adjusted earnings per share. These include unaudited unrealized foreign exchange losses of approximately $9 million on a pre-tax basis and an unaudited unrealized gain of approximately $36 million on a pre-tax basis related to the mark-to-market valuation of the Company's foreign exchange and commodity derivative contracts, primarily due to strengthening of the BRL and CLP against the US dollar during the quarter, partially offset by unrealized losses on gold derivative contracts.

First Quarter 2025 Results Conference Call and Webcast Details

The Company will release its first quarter 2025 operations and financial results after market close on Wednesday, May 7, 2025, and will hold a webcast and conference call on Thursday, May 8, 2025 to present the results. Webcast and conference call details are provided below.

Webcast / Conference Call Details:

Date: Thursday, May 8, 2025

Time: 7:00 AM PT | 10:00 AM ET

Listen Only Webcast: WEBCAST LINK

Dial In for Investor & Analyst Q&A: DIAL IN LINK

To participate in the call click on the dial in LINK above and complete the online registration form. Once registered you will receive the dial-in information and a unique PIN to join the call and ask questions.

A replay of the webcast will be available by clicking on the webcast LINK above and will be archived on the Company's website for a limited period of time.

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations or projects in Argentina, Brazil, Chile, and the United States of America, primarily producing copper, gold and nickel.

The information was submitted for publication, through the agency of the contact persons set out below on April 17, 2025 at 3:00 pm Pacific Time.

Cautionary Statement on Forward-Looking Information

Certain of the statements made and information contained herein are "forward-looking information" within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to statements regarding the Company's plans, prospects and business strategies; the terms of the contingent payments and expectations related thereto; the expected benefits of the Transaction for the Company, including the expectation to support its growth plans in the Vicuña District; the realization of prospects in the Vicuña district; the identification of additional value creation opportunities; the Company's guidance on the timing and amount of future production and its expectations regarding the results of operations; expected costs; permitting requirements and timelines; anticipated exploration and development activities at the Company's projects; expansion projects and the realization of additional value; the Company's integration of acquisitions and expansions and any anticipated benefits thereof; the Company's ability to become a top tier copper producer; and expectations for other economic, business, and/or competitive factors. Words such as "believe", "expect", "anticipate", "contemplate", "target", "plan", "goal", "aim", "intend", "continue", "budget", "estimate", "may", "will", "can", "could", "should", "schedule" and similar expressions identify forward-looking information.

Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management, including that the Company can access financing, appropriate equipment and sufficient labour; assumed and future price of copper, zinc, nickel, gold and other metals; anticipated costs; the ability to achieve goals and identify and realize opportunities; that the political environment in which the Company operates will continue to support the development and operation of mining projects; and assumptions related to the factors set forth below. While these factors and assumptions are considered reasonable by Lundin Mining as at the date of this document in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking information and undue reliance should not be placed on such information. Such factors include, but are not limited to: dependence on international market prices and demand for the metals that the Company produces; political, economic, and regulatory uncertainty in operating jurisdictions, including but not limited to those related to permitting and approvals, nationalization or expropriation without fair compensation, environmental and tailings management, labour, trade relations, and transportation; risks relating to mine closure and reclamation obligations; health and safety hazards; inherent risks of mining, not all of which related risk events are insurable; risks relating to tailings and waste management facilities; risks relating to the Company's indebtedness; challenges and conflicts that may arise in partnerships and joint operations; risks relating to development projects; risks that revenue may be significantly impacted in the event of any production stoppages or reputational damage in Chile; the impact of global financial conditions, market volatility and inflation; business interruptions caused by critical infrastructure failures; challenges of effective water management; exposure to greater foreign exchange and capital controls, as well as political, social and economic risks as a result of the Company's operation in emerging markets; risks relating to stakeholder opposition to continued operation, further development, or new development of the Company's projects and mines; any breach or failure information systems; risks relating to reliance on estimates of future production; risks relating to litigation and administrative proceedings which the Company may be subject to from time to time; risks relating to acquisitions or business arrangements; risks relating to competition in the industry; failure to comply with existing or new laws or changes in laws; challenges or defects in title or termination of mining or exploitation concessions; the exclusive jurisdiction of foreign courts; the outbreak of infectious diseases or viruses; risks relating to taxation changes; receipt of and ability to maintain all permits that are required for operation; minor elements contained in concentrate products; changes in the relationship with its employees and contractors; the Company's Mineral Reserves and Mineral Resources which are estimates only; payment of dividends in the future; compliance with environmental, health and safety laws and regulations, including changes to such laws or regulations; interests of significant shareholders of the Company; asset values being subject to impairment charges; potential for conflicts of interest and public association with other Lundin Group companies or entities; activist shareholders and proxy solicitation firms; risks associated with climate change; the Company's common shares being subject to dilution; ability to attract and retain highly skilled employees; reliance on key personnel and reporting and oversight systems; risks relating to the Company's internal controls; counterparty and customer concentration risk; risks associated with the use of derivatives; exchange rate fluctuations; and other risks and uncertainties, including but not limited to those described in the "Risks and Uncertainties" section of the Company's MD&A for the year ended December 31, 2024 and the "Risks and Uncertainties" section of the Company's Annual Information Form for the year ended December 31, 2024, which are available on SEDAR+ at www.sedarplus.ca under the Company's profile.

All of the forward-looking information in this document are qualified by these cautionary statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecasted or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward‐looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law.

__________________________

1 These measures are non-GAAP measures. These performance measures have no standardized meaning within generally accepted accounting principles under International Financial Reporting Standards and, therefore, amounts presented may not be comparable to similar data presented by other mining companies. For additional details please refer to the Company's discussion of non-GAAP and other performance measures in its Management's Discussion and Analysis for the year ended December 31, 2024 which is available on SEDAR+ at www.sedarplus.com.

Lundin Mining Pre-Announces Items Impacting the First Quarter 2025 Results (CNW Group/Lundin Mining Corporation)

SOURCE Lundin Mining Corporation

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/17/c2927.html

Teck Resources Ltd (TECK) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on April 24, 2025, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus Estimate

This company is expected to post quarterly earnings of $0.27 per share in its upcoming report, which represents a year-over-year change of -51.8%.

Revenues are expected to be $1.6 billion, down 46.1% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 9.92% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Earnings Whisper

How Have the Numbers Shaped Up for Teck Resources?

For Teck Resources, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +15.73%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Teck Resources will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?

For the last reported quarter, it was expected that Teck Resources would post earnings of $0.22 per share when it actually produced earnings of $0.33, delivering a surprise of +50%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom Line

Teck Resources appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected Results

Among the stocks in the Zacks Mining – Miscellaneous industry, Reliance (RS) is soon expected to post earnings of $3.66 per share for the quarter ended March 2025. This estimate indicates a year-over-year change of -30.9%. This quarter's revenue is expected to be $3.46 billion, down 5.2% from the year-ago quarter.

The consensus EPS estimate for Reliance has remained unchanged over the last 30 days. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of 1.09%.

This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Reliance will most likely beat the consensus EPS estimate. The company could not beat consensus EPS estimates in any of the last four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

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Teck Resources Ltd (TECK) : Free Stock Analysis Report

Reliance, Inc. (RS) : Free Stock Analysis Report

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

Zacks Investment Research

By Roushni Nair and Melanie Burton

(Reuters) -BHP Group said that an escalating trade war could harm the world economy and adaptation was key to sustaining global growth, as it reported a slight decline in iron ore production in the third quarter on Thursday.

The direct impact on BHP of the tariffs unleashed by U.S. President Donald Trump this month was limited, the mining giant said.

Trump has since postponed some of the duties, but has increased levies on China even further. Tariffs apply to steel from China where BHP sells most of its major product, iron ore.

"China's ability to shift toward a consumption-led economy and for trade flows to adapt to the new environment will be key to sustaining the global outlook," CEO Mike Henry said in a statement.

The comments came as the world's biggest listed miner reported a slightly lower third-quarter iron ore output and flagged higher production of copper, which is also subject to a tariff probe by the U.S.

BHP said the dip in quarterly iron ore production was due to cyclones, while it forecast 2025 Chilean copper production in the upper half of its guidance range as part of a ramp-up at its Escondida mine.

The world's largest listed miner was forced to temporarily halt operations at Port Hedland, the world's largest iron ore export hub, after Cyclone Zelia struck Western Australia's Pilbara region in February, following earlier disruptions from Cyclone Sean in January.

Despite the bad weather, BHP hit record nine-month output from its Pilbara operations, where the South Flank and Mining Area C sites benefited from the completed ramp-up of South Flank last year and a 13% boost in mining activity.

Shares of the company rose 0.6% to A$36.2, as of 0027 GMT, largely in line with a 1% jump in the broader mining sub-index.

Copper production rose 10% to 513,200 metric tons in the quarter, bolstered by a 20% jump in volumes at the Escondida mine in Chile due to improved operational performance.

The company said it expects to meet its fiscal 2025 unit cost targets across all operations except at its BMA coal joint venture, where adverse weather and geological issues at the Broadmeadow mine are expected to increase costs.

BHP has been leveraging revenue from its iron ore business, which still generates over half its earnings, to expand copper and potash potash projects, as it positions for growth from the energy transition.

Iron ore production from the global miner's Western Australia operations eased to 67.8 million tons in the quarter ended March 31, from 68.1 million tons a year earlier, in line with Visible Alpha consensus view of 68.03 million tons.

(Reporting by Roushni Nair and Roshan Thomas in Bengaluru, Melanie Burton in Sydney; Editing by Maju Samuel, Rashmi Aich and Kate Mayberry)

VANCOUVER, BC, April 16, 2025 /CNW/ – (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce the completion of the sale of its Neves-Corvo operation in Portugal and Zinkgruvan operation in Sweden to Boliden AB (OM: BOL) ("Boliden") (the "Transaction"). At closing Lundin Mining received cash proceeds of $1.40 billion which includes accrued interest from the lock-box date of August 31, 2024.

Future contingent payments of up to $150 million are tied to commodity prices and satisfaction of certain conditions as outlined in the press release dated December 9, 2024 "Lundin Mining Announces Sale of Neves-Corvo and Zinkgruvan for Total Consideration of up to $1.52 Billion".

Jack Lundin, President and CEO, commented "The sale of Neves-Corvo and Zinkgruvan marks the close of a pivotal chapter for Lundin Mining, one that elevated our profile and laid the groundwork for the growth we are now poised to deliver. With a more focused portfolio and a strengthened balance sheet, we are well-positioned for what's ahead.

"As we enter the next phase, led by our high-potential growth strategy in the Vicuña District, we do so with enhanced financial flexibility to drive long-term shareholder value. Operationally, we remain on track to meet our guidance, which excludes the Neves-Corvo and Zinkgruvan assets."

About Lundin Mining

Lundin Mining is a diversified base metals mining company with operations or projects in Argentina, Brazil, Chile, and the United States of America, primarily producing copper, gold and nickel.

The information in this news release is information that Lundin Mining is required to make public under the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below on April 16, 2025 at 7:00 am EST.

Cautionary Statement on Forward-Looking Information

Lundin Mining Completes the Sale of Neves-Corvo and Zinkgruvan to Boliden (CNW Group/Lundin Mining Corporation)

SOURCE Lundin Mining Corporation

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/16/c2814.html

WHITE ROCK, BC / ACCESS Newswire / April 16, 2025 / Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) ("Honey Badger" or the "Company") is pleased to provide an update on its 100%-owned Plata project, located adjacent to Snowline Gold Corp's ("Snowline") major discovery at its Rogue project in the Yukon Territory. The Company has been prioritizing targets to plan the next phase of work on the project.

The Company's Executive Chairman, Chad Williams, commented, "We have always been excited by the high-grade silver occurrences at Plata and the similarities to the local prolific Keno Hill district. The fact that silver grades at surface were so high as to allow for direct transport of ore by airplane to Idaho for treatment speaks for itself! The additional component of strong indications of a potential large gold system similar to Snowline's Rogue discovery, which is located adjacent to Plata, potentially with a significant silver component, adds to our excitement. We will continue compiling data in preparation of a highly focused field program with the objective of advancing Plata toward one or more discoveries."

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 oz Ag from small-scale, high-grade mining at surface (Carlson, 2010). Ore was mined and flown by fixed wing aircraft to Idaho for processing. Historical exploration work at Plata has primarily focused on the high-grade silver veins at surface. 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 may fit into a Reduced Intrusion Related Gold System (RIRGS) adds the potential for a large gold deposit in addition to the high-grade silver and lead potential.

New targets have been identified:

Potential extension of high-grade Aho zone to the east.
Potential unrecognized mineralization along the Plata and Rogue thrust faults. The Rogue Thrust is a newly named structure north of the Plata Thrust.
Potential for RIRGS mineralization in newly staked claims over a magnetic low anomaly.

Mineralization and Targets at Plata

To date, exploration has identified four types of mineralization at Plata (Table 1). The most well understood of these are Type I and Type II mineralization. Type I mineralization consists of high-grade silver veins hosted in northeast-trending faults. The most significant occurrences of Type I mineralization occur as veins up to tens of metres wide that can be traced for up to 100 metres. Mineralization consists of heavily disseminated to massive galena, tetrahedrite and sphalerite. Type II mineralization is characterized by high-grade gold and silver veins that form within parallel structures along the Plata Thrust Fault. Mineralization comprises bands of arsenopyrite, pyrite, galena, boulangerite, tetrahedrite and sphalerite. Type II mineralization comprises the P3 and P4 showings, which are collectively known as the Aho Zone (Fig. 1).

The recognition and continued understanding of the Aho Zone in the context of a larger RIRGS has become increasingly important to the Plata project. The structures that play a role in the distribution of intrusions and associated mineralization at Snowline's Rogue project also occur at Plata, which strongly suggests that the mineralization at Plata is closely tied to a larger RIRGS in the region (Figures 1 and 2). The Aho Zone has been traced along the Plata Thrust Fault for over 800 metres strike length, and downdip to a depth of 580 metres, with drill results such as 711 g/t silver and 6.17% zinc over 1.52m (Table 1). No rock samples have been collected to the east of the Aho showing despite elevated topography that appears conducive for outcrop exposure. The current extent of detailed mapping on the property also suggests that over 1 km of the Plata Thrust remains completely unexplored towards the eastern claim boundary (Figure 1). This is an important observation and presents a significant opportunity to find additional Aho-style mineralization along the underexplored Plata Thrust Fault. This has been identified as a top priority target for follow up exploration at Plata. Future fieldwork will also revisit the area to the northwest of the Aho Zone in order to identify additional Aho-style mineralization along the Plata and/or Rogue Thrust Faults that may have been previously overlooked. Sheeted quartz veining within a felsic dyke (Vein Type IV) was recognized for the first time at Plata in this area in 2023, which further supports the interpretation that there may be a buried, mineralized intrusion at Plata analogous to RIRGS mineralization identified on Snowline's Rogue project.

Table 1. Known Mineralization (Vein) Types at the Plata Project.

Vein Type	I	II	III	IV
Vein Composition	Argentiferous sulphide-siderite vein	Auriferous and argentiferous sulphide-quartz-clay vein	Argentiferous and auriferous clay and scorodite altered quartz vein	Sheeted quartz-siderite-sulphide veins
Description	High-grade veins hosted in northeast-trending faults. Veins widen in dilatant zones where steeply dipping faults	Hosted in parallel structures along Plata Thrust Fault	Manganese-bearing siderite vein with sheeted quartz veins and chalcedonic breccias developed up to 15 m on either side of the central siderite vein	Sheeted veins only recently identified in a biotite-quartz monzonite dyke located between, and subparallel to, the Plata and Rogue thrusts
Vein Width	cm's to 10's m	0.3 – 3 m	Up to ~30 m	cm-scale
Best Intercepts / Grades	Drilling returned 453 g/t Ag, 2.09% Pb, and 17.46% Zn over 2.35 m from the P2 showing, as well as 151 g/t Ag, 0.16 g/t Au, 0.09% Pb, and 1.42% Zn over 12.61 m that includes 1655 g/t Ag, 0.46 g/t Au, 0.25% Pb, and 1.09% Zn over 1.0 m	Drilling returned 711 g/t Ag, 4.57 g/t Au, 7.24% Pb, and 6.17% Zn over 1.52 m, and 1244 g/t Ag, 4.25 g/t Au, and 6.6% Pb over 0.96 m	Chip sampling returned 344 g/t Ag over 0.85 m	Elevated Ag-As-Pb-Zn
Showings	P1, P2, P6	P3, P4	P2B	P17

Figure 1. Map of the Plata property highlighting the extent of current detailed mapping on the property, as well as high priority target areas for follow up work.

The Company increased its land position at Plata in 2024 by adding 1,338 hectares to the project area over a magnetic low geophysical signature in the southern portion of the property (Fig. 2). Diagnostic features of reduced intrusions in the Tombstone Gold Belt are magnetic and conductivity low geophysical signatures that may be enveloped by a magnetic high due to the presence of pyrrhotite in the hornfelsed aureoles of the intrusion. This newly acquired ground shares an important structure that transects Snowline's Cynthia project, which comprises a 2×2 km zone of alteration, veining, and elevated gold geochemistry between two Tombstone suite intrusions (Figure 2). This newly acquired ground at Plata is a high priority exploration target and will be the subject of a reconnaissance field mapping and sampling program to evaluate the significance of the geophysical anomaly and any associated alteration and mineralization. Significantly, this area can be easily accessed by the main road that connects the north part of the property to the Plata airstrip located to the south.

Figure 2. Regional first vertical derivative magnetic map encompassing Honey Badger's Plata project and Snowline Gold's Rogue project.

Qualified Person

Technical information in this news release has been approved by Dorian L. (Dusty) Nicol, a Director and technical advisor of the Company (PG, FAusIMM), 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 (and 201.3 million pounds of zinc) Indicated and 13.9 Moz of silver (and 247.8 million pounds of zinc) Inferred (1)(3) 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 a historic resource of 5.5 Moz of silver and 1.3 billion pounds of zinc (2)(3). 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 (2,3). 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."

(4) 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.

ON BEHALF OF THE BOARD

Chad Williams, Executive Chairman

For more information please visit our website www.honeybadgersilver.com or contact Mrs. Sonya Pekar for Investor Relations | spekar@honeybadgersilver.com | +1 (647) 498-8244.

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.

SOURCE: Honey Badger Silver Inc.

View the original press release on ACCESS Newswire

As the Australian market navigates a period of slower trade and investor caution amid ongoing global tensions, identifying growth companies with significant insider ownership can offer valuable insights into potential investment opportunities. In this environment, where confidence is tempered by geopolitical uncertainties, stocks with strong insider commitment may signal a higher level of trust in the company’s long-term prospects.

Top 10 Growth Companies With High Insider Ownership In Australia

Name	Insider Ownership	Earnings Growth
Alfabs Australia (ASX:AAL)	10.8%	41.3%
Fenix Resources (ASX:FEX)	21.1%	47.8%
Cyclopharm (ASX:CYC)	11.3%	97.8%
Acrux (ASX:ACR)	15.5%	106.9%
Newfield Resources (ASX:NWF)	31.5%	72.1%
Echo IQ (ASX:EIQ)	19.8%	111.1%
Titomic (ASX:TTT)	11.2%	77.2%
Plenti Group (ASX:PLT)	12.7%	85%
Image Resources (ASX:IMA)	16.1%	127.3%
BETR Entertainment (ASX:BBT)	38.6%	77.5%

Click here to see the full list of 93 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We’re going to check out a few of the best picks from our screener tool.

Aurelia Metals

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aurelia Metals Limited is an Australian company involved in the exploration and production of mineral properties, with a market capitalization of A$456.99 million.

Operations: The company’s revenue is primarily derived from its operations at the Peak Mine (A$245.13 million), Dargues Mine (A$73.90 million), and Hera Mine (A$5.98 million).

Insider Ownership: 23.9%

Aurelia Metals shows promise as a growth company with substantial insider ownership, evidenced by significant insider buying in recent months. The company has returned to profitability, reporting A$17.95 million net income for the half-year ending December 2024 compared to a loss previously. While gold and silver production declined, copper output increased significantly. Analysts forecast robust annual earnings growth of 23.6%, outpacing the broader Australian market’s expected growth rate of 11.7%.

ASX:AMI Earnings and Revenue Growth as at Apr 2025Clarity Pharmaceuticals

Simply Wall St Growth Rating: ★★★★★☆

Overview: Clarity Pharmaceuticals Ltd is a clinical stage radiopharmaceutical company focused on research and development of radiopharmaceutical products in Australia and the United States, with a market cap of A$539.87 million.

Operations: The company’s revenue segment consists of Radiopharmaceutical Development, generating A$10.78 million.

Insider Ownership: 17.8%

Clarity Pharmaceuticals demonstrates strong growth potential, driven by its innovative Cu-SAR-bisPSMA platform for prostate cancer treatment. Recent trial advancements show promising efficacy and safety, with significant PSA reductions in heavily pre-treated participants. The FDA’s Fast Track Designation supports accelerated development. Despite a net loss of A$23.58 million for the half-year ending December 2024, revenue grew to A$10.94 million from A$6.52 million year-over-year, with forecasts indicating rapid revenue growth exceeding market averages.

ASX:CU6 Earnings and Revenue Growth as at Apr 2025IperionX

Simply Wall St Growth Rating: ★★★★★★

Overview: IperionX Limited is involved in the exploration and development of mineral properties in the United States, with a market capitalization of approximately A$900.03 million.

Operations: IperionX Limited’s revenue segments are not specified in the provided text.

Insider Ownership: 19.2%

IperionX is poised for significant growth, driven by its Titan Critical Minerals Project in Tennessee and strategic U.S. partnerships, including a USD 47.1 million government award to enhance the titanium supply chain. Despite recent shareholder dilution and a net loss of USD 16.24 million for the half-year ending December 2024, IperionX’s revenue is forecast to grow rapidly, outpacing market averages with expected profitability within three years, supported by innovative technologies and substantial insider ownership.

ASX:IPX Ownership Breakdown as at Apr 2025Where To Now?

Click through to start exploring the rest of the 90 Fast Growing ASX Companies With High Insider Ownership now.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include ASX:AMI ASX:CU6 and ASX:IPX.

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

In the latest trading session, Southern Copper (SCCO) closed at $86.83, marking a -0.96% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.17%. Meanwhile, the Dow lost 0.39%, and the Nasdaq, a tech-heavy index, lost 0.05%.

Prior to today's trading, shares of the miner had lost 10.43% over the past month. This has lagged the Basic Materials sector's loss of 4.41% and the S&P 500's loss of 3.94% in that time.

Investors will be eagerly watching for the performance of Southern Copper in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.13, showcasing a 20.21% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $2.87 billion, indicating a 10.41% growth compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $4.60 per share and revenue of $11.85 billion, which would represent changes of +6.24% and +3.64%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Southern Copper. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.16% lower within the past month. Currently, Southern Copper is carrying a Zacks Rank of #3 (Hold).

Investors should also note Southern Copper's current valuation metrics, including its Forward P/E ratio of 19.06. This expresses a premium compared to the average Forward P/E of 17.14 of its industry.

One should further note that SCCO currently holds a PEG ratio of 2.01. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Mining – Non Ferrous stocks are, on average, holding a PEG ratio of 0.64 based on yesterday's closing prices.

The Mining – Non Ferrous industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 201, finds itself in the bottom 19% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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

Southern Copper Corporation (SCCO) : Free Stock Analysis Report

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

Zacks Investment Research

Emerging Growth

MIAMI, April 15, 2025 (GLOBE NEWSWIRE) — EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 81th Emerging Growth Conference on April 16 & 17, 2025.

The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth.

Submit Questions for any of the presenting companies to: Questions@EmergingGrowth.com

For updates, follow us on Twitter

Day 1April 16, 2025

9:00Virtual Lobby opens.Register for the Conference. If you already registered, go back to the registration link and click “Already registered” and enter your email.

9:20Introduction

9:25 – 9:35Empire Energy (ASX: EEG)Keynote speaker: Alex Underwood, CEO & Managing Director

9:40 – 10:10PSQ Holdings, INc. (NYSE: PSQH)Keynote speaker: Michael Seifert, Founder, President / CEO

10:50 – 11:20Ur-Energy (NYSE American: URG) (TSX: URE)Keynote speaker: John W. Cash, CEO

11:25 – 11:55Interstellar Communication HoldingsKeynote speakers: Seda Hewitt, Space Ambassador of IcMercury Harri Laitinen, Lifeguard of IcMercury, and Lijie Zhu, Captain of icMercury

12:00 – 12:30U.S. Energy Corporation (NASDAQ: USEG)Keynote speaker: Ryan Smith, President, CEO & Director

12:35 – 1:05Odyssey Marine Exploration, Inc. (NASDAQ: OMEX)Keynote speaker: Mark D. Gordon, Chairman & CEO

1:10 – 1:40Nova Minerals Limited (NASDAQ: NVA) (ASX: NVA)Keynote speaker: Christopher Gerteisen – CEO & Executive Director

1:45 – 2:15C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF)Keynote speaker: Daniel A. Symons, President, CEO & Director

2:20 – 2:50Ucore Rare Metals, Inc. (OTCQX: UURAF) (TSXV: UCU)Keynote speakers: Pat Ryan, CEO

2:55 – 3:05Eloro Resources, Ltd. (OTCQX: ELRRF) (TSX: ELO)Keynote speakers: Chris Holden – VP Corporate Development

3:10 – 3:20Opawica Explorations Inc. (OTCQB: OPWEF) (TSXV: OPW)Keynote speaker: Blake Morgan, President / CEO

3:25 – 3:35HydroGraph Clean Power Inc. (OTCQB: HGRAF) (CSE: HG)Keynote speaker: Kjirstin Breure, President and CEO

PostponedGeoVax Labs, Inc. (NASDAQ: GOVX)Keynote speakers: David Dodd, Chairman, President / CEO

_______________________________________________________________

Day 2April 17, 2025

8:45Virtual Lobby opens.Register for the Conference. If you already registered, go back to the registration link and click “Already registered” and enter your email.

9:00Introduction

9:05 – 9:35SBC Medical Group Holdings, Inc. (NASDAQ: SBC)Keynote speaker: Yuya Yoshida, Executive Vice President & CFO

10:50 – 11:20Evofem Biosciences, Inc. (OTCQB: EVFM)Keynote speaker: Amy Raskopf, Chief Business Development Officer

11:25 – 11:55Bioxytran, Inc. (OTCQB: BIXT)Keynote speakers: Dr. David Platt, CEO & Mike Sheikh, Executive Vice President Business Development

12:00 – 12:30Clene Inc., (NASDAQ: CLNN)Keynote speakers: Rob Etherington, President / CEO

12:35 – 1:05Aspire Biopharma Holdings, Inc. (NASDAQ: ASBP)Keynote speakers: Kraig Higginson – CEO

1:10 – 1:40Regen BioPharma Inc. (OTC Pink: RGBP)Keynote speakers: David Koos, President / CEO, & Harry M. Lander, Ph.D. Senior Scientific Consultant

1:45 – 2:15Banzai International, Inc. (NASDAQ: BNZI)Keynote speaker: Joseph Davy, Co-Founder, Chairman & CEO

2:55 – 3:05Citizens, Inc. (NYSE: CIA)Keynote speakers: Jon Stenberg, President / CEO, and Jeff Conklin, CFO

3:10 – 3:20Sono Group N.V. (OTCQB: SEVCF)Keynote speaker: George O’Leary, Managing Director, CEO and CFO

Postponed22nd Century Group, Inc. (NASDAQ: XXII)Keynote speaker: Lawrence D. Firestone, Chairman & CEO

3:40 – 3:50Alt EquityKeynote speaker: Daniel Wait, President / Founder

3:55 – 4:05Cyios Corp. (OTC Pink: CYIO)Keynote speaker: John O’Shea, Chairman

4:10 – 4:20Beneficient (NASDAQ: BENF)Keynote speaker: Brad K. Heppner, CEO

Visit the following link to register. You will then receive an email containing the link and time to sign into the conference.

Submit Questions for any of the presenting companies to: Questions@EmergingGrowth.com

Replays: Subscribe to our YouTube Channel

About EmergingGrowth.comFounded in 2009, Emerging Growth.com quickly became a leader in its space and has developed an extensive history of identifying emerging growth companies that can be overlooked by the investment community.

About the Emerging Growth ConferenceThe Emerging Growth Conference is an effective way for public companies to engage with the investment community regarding their Company, new products, services and other major announcements from anywhere, in an effective and time efficient manner.

All sessions are conducted through video webcasts. Our conference serves as a vehicle for Emerging Growth to build relationships with our existing and potential clients. Accordingly, a certain number of the presenting companies are our current clients, and some may become our clients in the future. In exchange for services we provide, our clients pay us fees in the form of cash and securities, and we may currently have, or in the future may have investments in the securities of certain of the presenting companies. Finally, certain of the presenting companies have paid us a fee to secure a presentation time slot or to present generally. The presentations to be delivered by the presenting companies (including any virtual handouts of written materials) have not been approved, endorsed by or otherwise reviewed by EmergingGrowth.com nor should they in any way be construed to have been made in connection with an offer to sell or a solicitation of an offer to buy securities. Please consult an investment professional before investing in anything viewed on the Emerging Growth Conference or on EmergingGrowth.com.

If you believe or know of a company that might fit our audience, contact us here.

Thank you for your interest in our conference, and we look forward to your participation in future conferences.

Contact:

Emerging Growth Phone: 1-305-330-1985Email: Conference@EmergingGrowth.com

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