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We recently compiled a list of the 9 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where FMC Corporation (NYSE:FMC) stands against the other stocks on Jim Cramer's radar.

Jim Cramer, host of Mad Money, recently emphasized the importance of long-term investing, urging investors to focus on the growth prospects of certain pharmaceutical stocks while also answering callers’ questions about certain stocks. Cramer acknowledged that stocks often experience cyclical trends, with some sectors falling out of favor temporarily.

“Look, stocks go in and out of style in the Wall Street fashion show. Whole sectors wallow at times. Right now, healthcare’s in some sort of doghouse the likes of which I’ve never seen.”

Despite the industry’s struggles, Cramer reflected on his observations at the JPMorgan healthcare conference in San Francisco, where he saw many pharmaceutical companies that he believes are not being properly valued by Wall Street. While the present outlook for these companies may not be particularly stellar, he highlighted the strong and lucrative long-term potential they offer.

“Why am I so willing to focus on the so-called out years? Because the long-term possibilities for these companies, frankly, they're incredible and by the way, incredibly lucrative too, even as the present is good, but not great.”

He pointed to the ongoing progress in the healthcare sector, particularly with GLP-1 drugs, which have the potential to treat more conditions beyond diabetes and weight loss. Additionally, companies are working on developing oral versions of these treatments, which could offer patients more convenient options. Beyond GLP-1 drugs, healthcare companies are expanding their portfolios with new cancer therapies, treatments for eye care and asthma, and experimental drugs for COVID-19.

“The bottom line: Ask yourself what happens if things get better, please. What if the future is brighter than the past? If that’s the case, and I think it is, then you’ll have a lot of winners with these drug and medical device plays.”

Our Methodology

For this article, we compiled a list of 9 stocks that were discussed by Jim Cramer during the recent episode of Mad Money on January 14. We listed the stocks in ascending order of their hedge fund sentiment as of the third quarter, which was taken from Insider Monkey’s database of 900 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 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

A laboratory technician carefully mixing chemicals in a laboratory.

FMC Corporation (NYSE:FMC)

Number of Hedge Fund Holders: 41

FMC Corporation (NYSE:FMC) is an agricultural sciences company that offers crop protection, plant health, and pest management products to improve crop yield and quality, as well as for pest control in non-agricultural sectors. When a caller asked Cramer about the stock, his response was:

“… I can only rate that one a hold because I don’t like the sector it is in, crop chemicals, fungicide. No, I’m not there for that. I'm sorry.”

FMC (NYSE:FMC) has faced significant challenges recently. It has seen declining sales volumes and destocking, which have hurt its financial performance. Over the past five years, FMC’s stock has dropped by over 45%.

However, it is noteworthy that on January 14, BofA analyst Steve Byrne raised FMC’s (NYSE:FMC) rating to Neutral from Underperform, setting a price target of $61, reduced from $63. The firm acknowledges that FMC’s recovery from the expected 2024 downturn will be difficult due to company-specific challenges, weak agricultural conditions, trade war concerns, and a strong dollar.

It also expects a significant EBITDA rebound in 2025 as volumes improve and earnings benefit from cost reductions and falling raw material prices. The analyst noted that the current valuation appropriately reflects these risks.

Overall FMC ranks 6th on our list of the stocks on Jim Cramer's radar. While we acknowledge the potential of FMC 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 timeframe. If you are looking for an AI stock that is more promising than FMC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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

Freeport-McMoRan (FCX) closed the latest trading day at $40.22, indicating a +0.47% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1%. Meanwhile, the Dow gained 0.78%, and the Nasdaq, a tech-heavy index, added 1.51%.

The mining company's shares have seen an increase of 4.68% over the last month, surpassing the Basic Materials sector's loss of 3.81% and the S&P 500's loss of 2.14%.

Market participants will be closely following the financial results of Freeport-McMoRan in its upcoming release. The company plans to announce its earnings on January 23, 2025. The company is predicted to post an EPS of $0.29, indicating a 7.41% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.08 billion, up 3% from the year-ago period.

Investors should also note any recent changes to analyst estimates for Freeport-McMoRan. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 7.6% fall in the Zacks Consensus EPS estimate. Freeport-McMoRan currently has a Zacks Rank of #3 (Hold).

In terms of valuation, Freeport-McMoRan is currently trading at a Forward P/E ratio of 21.11. This valuation marks no noticeable deviation compared to its industry's average Forward P/E of 21.11.

We can also see that FCX currently has a PEG ratio of 2.2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Mining – Non Ferrous industry held an average PEG ratio of 1.94.

The Mining – Non Ferrous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 168, placing it within the bottom 34% of over 250 industries.

The Zacks Industry Rank gauges the strength of our individual 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.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

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

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While much of the market focus will be on US president-elect Donald Trump's return to the White House in the coming week, there are still a number of companies reporting as earnings season gets into full swing.

Trump is due to be sworn in for his second nonconsecutive term as president on Monday 20 January.

Investors will be watching to see which policies Trump gets to work on once he returns to office, with concerns around the impact of proposed trade tariffs and tax cuts.

While this will draw much of the market focus, the latest earnings season is also ramping up.

Streaming giant Netflix, which recently released the second series of the highly popular Squid Game series, is scheduled to report.

United Airlines latest results are also due out this next week, with investors waiting to see if the US carrier can deliver another earnings beat.

Iconic British fashion brand Burberry will also in the spotlight, as investors await an update as to how the company is progressing on its turnaround plan.

Another UK-listed stock in focus will be airline EasyJet, as it is expected to update on how it has fared since the start of its new fiscal year.

Investors will also want to see what Tim Martin, the outspoken boss of Wetherspoon's pub chain, has to say on how the company is coping with rising costs on the back of the autumn budget, as a number of UK businesses warn of their impact.

Here's more on what to look for:

Choi Seung-hyun as Thanos in Squid Game Season Two. (No Ju-han/Netflix)Netflix (NFLX) — Releases fourth quarter earnings on Tuesday 21 January

Netflix will report results after the bell on 21 January, with all eyes on how its 2025 forecast is playing out.

The streaming giant is expected to report earnings per share of $4.21 on $10.1bn (£8.29bn) in sales, a 15% increase year-on-year, according to analysts.

Following its last earnings call the company released a letter to shareholders laying out key titles such as Squid Game S2, the boxing match between YouTuber Jake Paul and Mike Tyson and its lineup of two NFL games broadcast live on Christmas Day, at which Beyonce performed.

"As we look ahead to 2025, we’re focused on improving every aspect of our service and continuing to deliver healthy revenue and profit growth," the letter said.

Stocks: Create your watchlist and portfolio

Traders will be eyeing whether or not the share price is set to make a comeback, following a weak start to 2025.

"The shares have been weak in the past month, hampered as much by rising US Treasury yields and the weight of expectations as anything else, given the stock trades on around 35 times consensus earnings estimates for 2025," said analysts at AJ Bell.

"Cashflow continues to blossom, with the result that net debt (before leases and content purchase obligations) of $8.5bn permits Netflix to invest in ongoing content and technological development, to cement its competitive position and fund share buybacks," they added.

Netflix bought back $1.7bn of stock in the first quarter, to take the total in 2024 to $5.3bn with the final quarter to come, compared to 2023’s total of $6bn.

United Airlines (UAL) — Releases fourth quarter earnings on Wednesday 22 January

US airline stocks took off after United Airlines posted a third quarter earnings beat in October.

United posted adjusted earnings of $3.33 per share, which bested the Bloomberg consensus estimate of $3.07 per share. Operating revenue of $14.84bn also topped Wall Street estimates of $14.72bn.

In addition, investors cheered the company's announcement that it was buying back $1.5bn worth of shares.

Speaking to Yahoo Finance at the time, Third Bridge global head of analysts Peter McNally said: "People want to travel and United has executed. They haven't faced the operational problems, let's say like, Delta (DAL) did [in the] summer with the CrowdStrike (CRWD) outage. And… so the results are there."

He also said that loyalty programmes were enabling "United, Delta, and American (AAL) to be a lot more competitive with the low cost carriers that we haven't seen really in history before."

In addition, McNally said that he didn't expect United to be largely impacted by the aircraft maker Boeing's (BA) struggles, with labour and production delays. He said that the airline already possesses a large-scale fleet in operations and its capex has breathing room for not being over-reliant on Boeing to deliver anything.

Attention now turns to the carrier's fourth quarter earnings, which are due out on Wednesday, with investors hoping that United can deliver another strong set of results.

Burberry (BRBY.L) — Releases third quarter trading update on Friday 24 January

British fashion brand Burberry was one of the luxury brands that saw shares soar following the release of Cartier-owner Richemont's (CFR.SW) latest results.

Burberry shares jumped 8% after Richemont reported a surge in sales in the third quarter, prompting hopes of a turnaround for the luxury sector.

Luxury stocks have struggled in recent years, as the rising cost of living forced consumers to rein in spending, while the economic slowdown in China has also weighed on the sector.

Burberry has been particularly impacted by the slowdown in demand for luxury goods. In its first half results in November, Burberry posted a 22% fall in sales to £1.09bn and reported a adjusted operating lost of £41m.

However, the company also unveiled a turnaround plan in November, with recently appointed CEO Joshua Shulman saying that said the company was "acting with urgency to course correct" following underperformance.

In terms of its outlook for the rest of the year, Burberry said that with its "all-important festive trading period ahead and an uncertain macroeconomic environment, it is too early to determine whether our second-half results will fully offset the first-half adjusted operating loss."

AJ Bell's investment experts Russ Mould, Danni Hewson and Dan Coatsworth said they expect total sales to fall by 19.5% to £2.4bn for the full year.

"Whether Mr Schulman, formerly of Coach, Jimmy Choo and Michael Kors, is able to offer any comfort here will again be a key feature of this trading update," they said.

They said that analysts will also want to keep a close eye on any commentary about inventory, highlighting that the balance sheet bore £596m of stock at the end of September 2024, up from £526 million the year before and £507m at year-end.

"That meant a sharp jump in inventory days," they said. "A bad Christmas would raise the risk of further discounting to shift unsold product which would in turn put further pressure on margins and elongate the recovery period to profitability and any return to the dividend list."

EasyJet (EZJ.L) — Releases first quarter results on Wednesday 22 January

Low-cost airline EasyJet had a strong end to its 2024 fiscal year, reporting a 34% increase in annual headline profit before tax at £610m ($743m), in results released in November.

The low-cost carrier also posted record profit before tax for its EasyJet holidays business, up 56% year-on-year, to £190m.

As a result, EasyJet said it was hiking its dividend to 12.1p per share for the year, which is more than double the 4.5p it paid out for the 2023 fiscal year.

Looking ahead to 2025, based on early bookings data, the company said it expected to reduce winter losses with significant improvement in the first quarter.

The airline anticipated capacity growth of around 3% in 2025 and planned to grow the amount of customers in its EasyJet holidays business by around 25%, from a base of 2.6 million.

Aarin Chiekrie, equity analyst at Hargreaves Lansdown, said: "Short-haul capacity across Europe remains limited and markets expect to hear that lower fuel costs are boosting margins in the early months of the year.

"Further out, capacity is set to continue growing this year as the group aims to cash in on strong demand from sun-seekers.

"Analysts are also keen to see if the package holiday segment can maintain its high double-digit growth rate when first-quarter results are announced next week."

EasyJet's first quarter results, due out on Wednesday, come after Kenton Jarvis took over from Johan Lundgren as CEO on 1 January.

"Change always brings some level of uncertainty, but with former CFO Kenton Jarvis stepping into the CEO cockpit, any turbulence in the transition is likely to be minimal," said Chiekrie.

JD Wetherspoon (JDW.L) — Releases second quarter trading update on Wednesday 22 January

The latest trading update from JD Wetherspoon comes as a number of UK businesses have warned of the impacts of higher costs following the autumn budget, in which chancellor Rachel Reeves announced a rise in the national minimum wage and employer national insurance (NI) contributions.

JD Wetherspoon chairman Tim Martin said in the pub operator's first quarter trading update in November that cost inflation "now jumped substantially again following the budget".

"All hospitality businesses, we believe, plan to increase prices, as a result," he said. "Wetherspoon will, as always, make every attempt to stay as competitive as possible."

"The company is confident of a reasonable outcome for the year, although forecasting is more difficult given the extent of the increased costs," Martin added.

The company warned taxes and business costs were expected to increase by around £60m on an annual basis in 2025, which included a 67% increase in NI contributions.

In the first quarter, JD Wetherspoon reported nearly 6% growth in like-for-like sales.

Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: "JD Wetherspoon rang up record revenues last year, despite a reduction in the number of pubs, with average takings rising across the pub network.

"Investors will be keen to see signs that momentum continued through the crucial festive period," she said. "With real wages on the up, the outlook for the eating out market has seemed relatively robust."

Streeter said that after a "period of reducing the estate by selling underperforming venues, the group has begun opening new pubs again focused on locations in areas of high footfall. There will be keen interest to see how well the new sites have been performing, and any signs that the expansion plans are accelerating."

Other companies reporting next week include:

Tuesday 21 January

Kier (KIE.L)

Cranswick (CWK.L)

Premier Foods (PFD.L)

Serica Energy (SQZ.L)

Yü Group (YU.L)

3M (MMM)

Capital One (COF)

DR Horton (DHI)

Fifth Third Bancorp (FITB)

Seagate (STX)

Wednesday 22 January

Hochschild Mining (HOC.L)

Kia (000270.KS)

Procter & Gamble (PG)

Johnson & Johnson (JNJ)

Abbott Labs (ABT)

GE Vernova (GEV)

General Dynamics (GD)

Amphenol (APH)

Kinder Morgan (KMI)

Travelers (TRV)

United Rentals (URI)

Kimberly-Clark (KMB)

Las Vegas Sands (LVS)

Halliburton (HAL)

Teradyne (TER)

Textron (TXT)

Alcoa (AA)

Thursday 23 January

Associated British Foods (ABF.L)

Harbour Energy (HBR.L)

Mitie (MTO.L)

SK Hynix (000660.KS)

Hyundai Motor (005380.KS)

Nidec (6594.T)

EQT (EQT)

Sandvik (SAND.ST)

Intuitive Surgery (ISRG)

GE Aerospace (GE)

Texas Instruments (TXN)

Union Pacific (UNP)

CSX (CSX)

Freeport-McMoRan (FCX)

Western Digital (WDC)

McCormick (MKC)

Friday 24 January

The Works (WRKS.L)

Paragon Banking (PAG.L)

LG Electronics (066570.KS)

Givaudan (GVDNY)

LM Ericsson (ERIC-B.ST)

Signify (LIGHT.AS)

American Express (AXP)

Verizon (VZ)

HCA Healthcare (HCA)

You can read Yahoo Finance's full calendar here.

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

In its upcoming report, Freeport-McMoRan (FCX) is predicted by Wall Street analysts to post quarterly earnings of $0.29 per share, reflecting an increase of 7.4% compared to the same period last year. Revenues are forecasted to be $6.08 billion, representing a year-over-year increase of 3%.

The consensus EPS estimate for the quarter has undergone a downward revision of 19.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

That said, let's delve into the average estimates of some Freeport-McMoRan metrics that Wall Street analysts commonly model and monitor.

The consensus among analysts is that 'Revenues- Indonesia' will reach $2.34 billion. The estimate indicates a year-over-year change of -14.6%.

Analysts' assessment points toward 'Revenues- Molybdenum' reaching $260.76 million. The estimate indicates a change of +66.1% from the prior-year quarter.

According to the collective judgment of analysts, 'Revenues- South America copper mines' should come in at $1.26 billion. The estimate points to a change of +13.4% from the year-ago quarter.

The average prediction of analysts places 'Revenues- North America copper mines' at $1.40 billion. The estimate points to a change of -0.3% from the year-ago quarter.

Analysts expect 'Average realized price per pound – Copper' to come in at $4.20. The estimate compares to the year-ago value of $3.81.

Based on the collective assessment of analysts, 'Production in millions of pounds – Molybdenum – South America' should arrive at 5.83 Mlbs. Compared to the current estimate, the company reported 5 Mlbs in the same quarter of the previous year.

The collective assessment of analysts points to an estimated 'Production in millions of pounds – Molybdenum – By-product – North America' of 7.50 Mlbs. Compared to the current estimate, the company reported 7 Mlbs in the same quarter of the previous year.

Analysts forecast 'Sales in thousands of Ounces – Gold – North America' to reach 4.20 Koz. The estimate compares to the year-ago value of 5 Koz.

It is projected by analysts that the 'Sales in thousands of ounces – Gold – Consolidated basis' will reach 342.66 Koz. The estimate compares to the year-ago value of 549 Koz.

The consensus estimate for 'Sales in thousands of Ounces – Gold – Indonesia' stands at 338.45 Koz. The estimate is in contrast to the year-ago figure of 544 Koz.

Analysts predict that the 'Sales in millions of pounds – Copper – Total South America' will reach 290.17 Mlbs. The estimate is in contrast to the year-ago figure of 287 Mlbs.

The combined assessment of analysts suggests that 'Sales in millions of pounds – Copper – Indonesia – Grasberg' will likely reach 392.99 Mlbs. The estimate compares to the year-ago value of 397 Mlbs.View all Key Company Metrics for Freeport-McMoRan here>>>Freeport-McMoRan shares have witnessed a change of +4.7% in the past month, in contrast to the Zacks S&P 500 composite's -2.1% move. With a Zacks Rank #3 (Hold), FCX is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

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

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(Bloomberg) — When Glencore Plc proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in the second half of last year shows how the sands have shifted, just as mega-deal fever sweeps the global mining industry.

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Freeport-McMoRan (FCX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. 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 January 23, 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 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 mining company is expected to post quarterly earnings of $0.28 per share in its upcoming report, which represents a year-over-year change of +3.7%.

Revenues are expected to be $6.02 billion, up 2% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 13.06% 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. Our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction) — has this insight at its core.

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 Freeport-McMoRan?

For Freeport-McMoRan, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -9.82%.

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

So, this combination makes it difficult to conclusively predict that Freeport-McMoRan will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?

Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. 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 Freeport-McMoRan would post earnings of $0.40 per share when it actually produced earnings of $0.38, delivering a surprise of -5%.

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.

Freeport-McMoRan doesn't appear 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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Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report

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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in Freeport-McMoRan's (NYSE:FCX) returns on capital, so let's have a look.

Understanding Return On Capital Employed (ROCE)

Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Freeport-McMoRan:

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

0.15 = US$7.4b ÷ (US$55b – US$6.2b) (Based on the trailing twelve months to September 2024).

Therefore, Freeport-McMoRan has an ROCE of 15%. On its own, that's a standard return, however it's much better than the 10% generated by the Metals and Mining industry.

See our latest analysis for Freeport-McMoRan

NYSE:FCX Return on Capital Employed January 16th 2025

Above you can see how the current ROCE for Freeport-McMoRan compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Freeport-McMoRan .

So How Is Freeport-McMoRan's ROCE Trending?

Freeport-McMoRan is displaying some positive trends. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 15%. Basically the business is earning more per dollar of capital invested and in addition to that, 31% more capital is being employed now too. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers.

The Bottom Line On Freeport-McMoRan's ROCE

In summary, it's great to see that Freeport-McMoRan can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. And a remarkable 243% total return over the last five years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist.

One more thing to note, we've identified 1 warning sign with Freeport-McMoRan and understanding this should be part of your investment process.

While Freeport-McMoRan 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.

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.

In the latest trading session, Freeport-McMoRan (FCX) closed at $40.03, marking no change from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.21% for the day. On the other hand, the Dow registered a loss of 0.16%, and the technology-centric Nasdaq decreased by 0.89%.

Coming into today, shares of the mining company had gained 3.41% in the past month. In that same time, the Basic Materials sector lost 5.13%, while the S&P 500 lost 1.56%.

Analysts and investors alike will be keeping a close eye on the performance of Freeport-McMoRan in its upcoming earnings disclosure. The company's earnings report is set to go public on January 23, 2025. The company is forecasted to report an EPS of $0.28, showcasing a 3.7% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $6.02 billion, up 1.95% from the year-ago period.

Investors should also note any recent changes to analyst estimates for Freeport-McMoRan. 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 shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Over the past month, there's been a 7.6% fall in the Zacks Consensus EPS estimate. Freeport-McMoRan presently features a Zacks Rank of #3 (Hold).

Looking at valuation, Freeport-McMoRan is presently trading at a Forward P/E ratio of 21.11. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 21.11.

One should further note that FCX currently holds a PEG ratio of 2.2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Mining – Non Ferrous industry had an average PEG ratio of 1.93 as trading concluded yesterday.

The Mining – Non Ferrous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 184, placing it within the bottom 27% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow FCX in the coming trading sessions, be sure to utilize Zacks.com.

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

To read this article on Zacks.com click here.

Zacks Investment Research

Wallbridge Mining Company Limited

TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has entered into an option agreement (the “Option Agreement”) with Formation Metals Inc. (CSE:FOMO) (“Formation”) granting Formation an option to acquire a one hundred percent (100%) ownership interest in and to the Company’s N2 property (the “Property”).

Terms of the Option Agreement

Pursuant to the Option Agreement, and subject to the approval of the Canadian Securities Exchange, Formation may acquire a 100% interest in the Property by making payments totaling $550,000 in cash, issuing an aggregate of 4,000,000 common shares in the capital of the Formation to Wallbridge, and completing $5,000,000 of work expenditures as indicated in the table below:

Payment	Shares	Cash	Work Commitment
Signing	1,000,000	$50,000	–
1st Anniversary	1,000,000	$50,000	$400,000
2nd Anniversary	1,000,000	$50,000	$600,000
3rd Anniversary	–	$100,000	$1,200,000
4th Anniversary	–	$100,000	–
5th Anniversary	–	$100,000	–
6th Anniversary	1,000,000	$100,000	$2,800,000
Total	4,000,000	$550,000	$5,000,000

Qualified Person

The Qualified Person responsible for the technical content of this news release is Mr. Mark A. Petersen, M.Sc., P.Geo. (OGQ AS-10796; PGO 3069), Senior Exploration Consultant for Wallbridge.

About Wallbridge Mining

Wallbridge is focused on creating value through the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Québec’s Northern Abitibi region while respecting the environment and communities where it operates.

Wallbridge’s most advanced projects, Fenelon Gold (“Fenelon”) and Martiniere Gold (“Martiniere”) incorporate a combined 3.05 million ounces of indicated gold resources and 2.35 million ounces of inferred gold resources. Fenelon and Martiniere are located within an 830 square km exploration land package in the Northern Abitibi region of Quebec.

Wallbridge has reported a positive Preliminary Economic Assessment (“PEA”) at Fenelon that estimates average annual gold production of 212,000 ounces over 12 years.

For further information please visit the Company’s website at https://wallbridgemining.com/ or contact:

Wallbridge Mining Company Limited

Brian Penny, CPA, CMACEOTel: (416) 716-8346Email: bpenny@wallbridgemining.com M: +1 416 716 8346

Tania Barreto, CPIRDirector, Investor RelationsEmail: tbarreto@wallbridgemining.com M: +1 289 819 3012

Cautionary Note Regarding Forward-Looking Information

The information in this document may contain forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections, and interpretations as at the date of this document.

All statements, other than statements of historical fact, included herein are FLI that involve various risks, assumptions, estimates and uncertainties. Generally, FLI can be identified by the use of statements that include, but are not limited to, words such as “seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”, “expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved.”

FLI in this document may include, but is not limited to: statements regarding the terms of the Option Agreement; the future prospects of Wallbridge; statements regarding the results of the PEA; future drill results; the Company’s ability to convert inferred resources into measured and indicated resources; environmental matters; stakeholder engagement and relationships; parameters and methods used to estimate the MREs at the Fenelon and Martiniere properties (collectively the “Deposits”); the prospects, if any, of the Deposits; future drilling at the Deposits; and the significance of historic exploration activities and results.

FLI is designed to help you understand management’s current views of its near- and longer-term prospects, and it may not be appropriate for other purposes. FLI by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such FLI. Although the FLI contained in this document is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such FLI, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumes no obligation, to update or revise any such FLI contained in this document to reflect new events or circumstances. Unless otherwise noted, this document has been prepared based on information available as of the date of this document. Accordingly, you should not place undue reliance on the FLI, or information contained herein.

Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in FLI.

Assumptions upon which FLI is based, without limitation, include: the results of exploration activities, the Company’s financial position and general economic conditions; the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling; the ability of the Company to complete further exploration activities; the legitimacy of title and property interests in the Deposits; the accuracy of key assumptions, parameters or methods used to estimate the MREs and in the PEA; the ability of the Company to obtain required approvals; geological, mining and exploration technical problems; and failure of equipment or processes to operate as anticipated; the evolution of the global economic climate; metal prices; foreign exchange rates; environmental expectations; community and non-governmental actions; and, the Company’s ability to secure required funding. Risks and uncertainties about Wallbridge's business are discussed in the disclosure materials filed with the securities regulatory authorities in Canada, which are available at www.sedarplus.ca.

Cautionary Notes to United States Investors

Wallbridge prepares its disclosure in accordance with NI 43-101 which differs from the requirements of the U.S. Securities and Exchange Commission (the "SEC"). Terms relating to mineral properties, mineralization and estimates of mineral reserves and mineral resources and economic studies used herein are defined in accordance with NI 43-101 under the guidelines set out in CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on May 19, 2014, as amended. NI 43-101 differs significantly from the disclosure requirements of the SEC generally applicable to US companies. As such, the information presented herein concerning mineral properties, mineralization and estimates of mineral reserves and mineral resources may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder.

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. However, after investigating Antofagasta (LON:ANTO), we don't think it's current trends fit the mold of a multi-bagger.

What Is Return On Capital Employed (ROCE)?

For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Antofagasta:

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

0.088 = US$1.7b ÷ (US$22b – US$2.9b) (Based on the trailing twelve months to June 2024).

Thus, Antofagasta has an ROCE of 8.8%. On its own, that's a low figure but it's around the 8.3% average generated by the Metals and Mining industry.

Check out our latest analysis for Antofagasta

LSE:ANTO Return on Capital Employed January 15th 2025

Above you can see how the current ROCE for Antofagasta compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Antofagasta .

How Are Returns Trending?

On the surface, the trend of ROCE at Antofagasta doesn't inspire confidence. Around five years ago the returns on capital were 13%, but since then they've fallen to 8.8%. However it looks like Antofagasta might be reinvesting for long term growth because while capital employed has increased, the company's sales haven't changed much in the last 12 months. It may take some time before the company starts to see any change in earnings from these investments.

The Key Takeaway

Bringing it all together, while we're somewhat encouraged by Antofagasta's reinvestment in its own business, we're aware that returns are shrinking. Yet to long term shareholders the stock has gifted them an incredible 107% return in the last five years, so the market appears to be rosy about its future. But if the trajectory of these underlying trends continue, we think the likelihood of it being a multi-bagger from here isn't high.

On a separate note, we've found 1 warning sign for Antofagasta you'll probably want to know about.

While Antofagasta 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.

First Potash Academy cohort outside BHP's Discovery Lodge.

HUMBOLDT, Saskatchewan, Jan. 15, 2025 (GLOBE NEWSWIRE) — BHP and Carlton Trail College are pleased to announce the launch of BHP Potash Academy and its inaugural cohort of trainees.

The first intake of 13 trainees is already participating in on-site orientation at the Jansen mine site this week and will hit the classroom at BHP Potash Academy at Carlton Trail College in Humboldt, Saskatchewan, on January 20.

This eight-month paid traineeship is designed to equip those new to the mining industry with essential skills required for production or maintenance technician roles at the Jansen mine site in Saskatchewan.

The program includes a mix of classroom and theory learning, as well as practical workshop training for hands-on experience. At the end of the program, trainees will earn a Certificate in Mining Essentials, an Applied Certificate in Industrial Mechanics and permanent, full-time employment at the Jansen mine site to contribute to the operation’s long-term success.

“We are excited to continue our partnership with Carlton Trail and are thrilled to welcome the Potash Academy’s first cohort. The launch of Potash Academy is an important milestone that will support the long-term success of Jansen and economic growth and participation in the region. We look forward to working with this great group of trainees who bring diverse experience that they can apply to BHP and the mining industry,” said Graham Reynolds, General Manager of Operations, BHP.

“With the launch of this new partnership between our College and BHP, we are bridging the gap between workforce need, classroom learning and the real-world application of skills,” said Amy Yeager, Carlton Trail College President and CEO. “We look forward to delivering this unique initiative that will shape the future of both training and industry.”

“BHP is a strong partner that supports Carlton Trail College and other post-secondary institutions in developing a skilled and representative workforce,” said Minister of Advanced Education Ken Cheveldayoff. “This partnership is a clear demonstration of the success that comes from Saskatchewan post-secondary institutions working with key industry partners to create training opportunities that meet the needs of students and employers in the region.”

The BHP Potash Academy, officially formed in July 2024 by BHP and Carlton Trail College, was created to help kickstart additional career pathways to the mining industry in Saskatchewan. It is an extension of a long-term partnership between BHP and Carlton Trail College that previously delivered pre-apprenticeship and related industry training.

BHP anticipates approximately 5,500 workforce opportunities during construction of the Jansen mine and 900 long-term jobs once operational.

More information on Potash Academy and how to apply can be found at career8.successfactors.com.

About BHP

BHP is a global resources company with its Canadian operational headquarters in Saskatoon, Saskatchewan and global business development headquarters in Toronto. BHP has a global workforce of approximately 90,000 people working in locations across Canada, Australia, Asia, the UK, US and Latin America. BHP produces commodities essential for global decarbonization, economic development and food security including copper, nickel, iron ore, steelmaking coal and is developing the Jansen potash project in Saskatchewan, Canada. Further information on BHP can be found at: bhp.com

About Carlton Trail College

Carlton Trail College is a leading post-secondary institution committed to delivering high-quality education and training that prepares students for success. Emphasizing innovation, collaboration, and community engagement, the College offers a range of academic programs, workforce training, and educational services. With a strong focus on growth, the College is expanding its offerings through the development of a state-of-the-art trades training facility, further enhancing its ability to support the development of skilled professionals for today’s evolving workforce. Further information about Carlton Trail College can be found at: carltontrailcollege.com.

For media inquiries, contact:

Megan Hjulfors, BHPMedia RelationsTel (403) 605-2314

Jennifer Brooks, Carlton Trail CollegeAdvancement and External AffairsTel (306) 682-6851

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/899d5af1-99d4-4ce1-a260-ded8d8947f63

In the latest trading session, Southern Copper (SCCO) closed at $95.34, marking a +0.62% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.12% for the day. Meanwhile, the Dow gained 0.52%, and the Nasdaq, a tech-heavy index, lost 0.23%.

Shares of the miner have depreciated by 2.71% over the course of the past month, outperforming the Basic Materials sector's loss of 7.17% and the S&P 500's loss of 3.45%.

The investment community will be paying close attention to the earnings performance of Southern Copper in its upcoming release. The company is predicted to post an EPS of $1.06, indicating an 85.96% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.85 billion, reflecting a 24.24% rise from the equivalent quarter last year.

Investors should also note any recent changes to analyst estimates 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 shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.54% lower within the past month. As of now, Southern Copper holds a Zacks Rank of #3 (Hold).

In the context of valuation, Southern Copper is at present trading with a Forward P/E ratio of 21.11. This valuation marks a premium compared to its industry's average Forward P/E of 20.

Meanwhile, SCCO's PEG ratio is currently 1.47. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Mining – Non Ferrous stocks are, on average, holding a PEG ratio of 1.47 based on yesterday's closing prices.

The Mining – Non Ferrous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 25% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.

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Southern Copper Corporation (SCCO) : Free Stock Analysis Report

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Zacks Investment Research

Teck Resources Ltd

VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the appointment of Colin Hamilton as Vice President, Market Research and Economic Analysis, effective February 17, 2025.

“We are very pleased to welcome Colin to Teck,” said President and CEO Jonathan Price. “With vast market experience in the mining and metals sector and a globally renowned reputation for thought leadership and innovation in commodity analysis, Colin is ideally suited to lead our strategic insight function as we build Teck into one of the world's leading providers of responsibly produced energy transition metals.”

Mr. Hamilton joins Teck from BMO Capital Markets, where he was Managing Director and Commodities Analyst. Before joining BMO, he led the commodities research team at global financial services group Macquarie.

Mr. Hamilton holds a Master of Engineering (distinction) in Materials Science and Engineering from the University of Strathclyde, Glasgow.

About TeckTeck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Contact:Emma ChapmanVice President, Investor Relations +44.207.509.6576emma.chapman@teck.com

Media Contact:Dale SteevesDirector, External Communications236.987.7405 dale.steeves@teck.com

Written by Amy Legate-Wolfe at The Motley Fool Canada

Imagine receiving an unexpected $18,000. What an amazing surprise! But instead of splurging on fleeting pleasures, consider investing this sum to generate passive income through dividends and returns. By carefully selecting robust dividend stocks, your windfall can become a steady income stream, potentially growing over time.

What to consider

Investing in dividend-paying stocks allows you to earn a portion of a company’s profits regularly. This approach not only provides income but also offers the potential for capital appreciation as the company’s stock value increases. Reinvesting dividends can further enhance your returns through the power of compounding.

Two Canadian dividend stocks, Teck Resources (TSX:TECK.B) and GFL Environmental (TSX:GFL), present promising opportunities for such investments. Let’s delve into their recent performances and future prospects to understand why they might be suitable additions to your investment portfolio.

Teck stock

Teck Resources, a major player in the mining sector, has been focusing on energy transition metals, particularly copper. In the third quarter of 2024, Teck reported an adjusted profit of $0.60 per share, surpassing analysts’ expectations of $0.37 per share. This achievement is largely attributed to increased copper production at their Quebrada Blanca mine, which saw a 60% year-over-year rise to 115,000 metric tons.

Looking ahead, Teck’s strategic shift towards energy transition metals positions it favourably in the evolving market. The growing demand for copper, essential in renewable energy and electric vehicles, suggests a positive trajectory for the dividend stock. Analysts forecast earnings growth at 17.6% per year, with revenue expected to decline by 10.1% per annum, indicating a focus on profitability and efficient operations.

GFL stock

GFL Environmental, operating in the waste management sector, has demonstrated consistent growth. As of September 30, 2024, GFL reported a market capitalization of $25.29 billion and a revenue of $7.76 billion over the trailing 12 months, reflecting a 6.6% year-over-year quarterly revenue growth. The dividend stock’s operating margin stands at 9.08%, indicating efficient management and profitability.

GFL’s forward price-to-earnings (P/E) ratio of 44.44 suggests that investors anticipate future earnings growth. The waste management industry is known for its stability and resilience, providing essential services regardless of economic cycles. GFL’s expansive operations and commitment to sustainability position it well for continued success in this sector.

Calculated cash

By allocating your $18,000 windfall into shares of companies like TECK and GFL, you can potentially benefit from regular dividend payments and capital appreciation. Diversifying your investments across different sectors of mining and waste management also helps mitigate risks associated with market volatility. In fact, here is what you could earn from both in returns and dividends should shares rise by the same amount in the last year, splitting the cash between the two.

COMPANY	RECENT PRICE	NUMBER OF SHARES	DIVIDEND	TOTAL PAYOUT	FREQUENCY	TOTAL INVESTMENT
TECK – now	$61.25	147	$0.50	$73.50	quarterly	$9,000
TECK – 16%	$71.05	147	$0.50	$73.50	quarterly	$10,444.35
GFL – now	$63.75	141	$0.08	$11.28	quarterly	$9,000
GFL – 47%	$93.71	141	$0.08	$11.28	quarterly	$13,213.11

As you can see, now you’re earning $5,657.46 in returns and $84.78 in dividends. That’s total passive income of $5,742.24! So, transforming an $18,000 windfall into a source of passive income is a prudent strategy. By investing in dividend stocks like Teck Resources and GFL Environmental, you position yourself to receive dividends and potential returns. Contributing to your financial well-being over the long term. Remember, the key to successful investing lies in informed decisions and a diversified portfolio.

The post Invest $18,000 in These 2 Dividend Stocks for $5,742.24 in Passive Income appeared first on The Motley Fool Canada.

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Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have $18,391.46!*

Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 35 percentage points since 2013*.

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More reading

Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

2025

Monday, January 13, 2025The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. (TSLA), Bank of America Corporation (BAC) and Alibaba Group Holding Limited (BABA), as well as two micro-cap stocks Seneca Foods Corporation (SENEA) and Nathan's Famous, Inc. (NATH). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.You can see all of today’s research reports here >>>Tesla shares have outperformed the Zacks Automotive – Domestic industry over the past year (+73.4% vs. +47.8%), likely reflecting the expectation that the worst of the company's competitive challenges that had been weighing on its margins was behind it. The company’s annual deliveries contracted for the first time ever in 2024, but its long-term growth story remains intact driven by its thriving Energy Generation & Storage segment, expansive Supercharger network and AI advancements.Energy deployments doubled in 2024 and the upward trajectory is set to continue, thanks to the strong reception of its Megapack and Powerwall products. Progress in the autonomous vehicle domain, including plans to launch robotaxi services in 2025, position the company well for sustained growth.Despite potential rebate cuts under a Trump presidency, Tesla is well-positioned to thrive without subsidies, thanks to its cost efficiency and unmatched scale. Tesla’s robust balance sheet, with a high liquidity buffer, supports continued innovation and expansion. As such, we are bullish on the stock.(You can read the full research report on Tesla here >>>)Shares of Bank of America have modestly lagged peer JPMorgan's performance over the past year (+37% vs. +43.4%), but have handily outperformed the S&P 500 index over the same time period (+37% vs. +23%). The stock's strong recent momentum reflects optimism about the operating environment characterized by an easing Fed and expectations of pro-growth and less stringent regulatory policies from the Trump administration. Many in the market expect this performance to get a boost from this week's Q4 earnings release (the company reports Q4 results the morning of Thursday, January 16th).

The Zacks analyst projects non-interest income to rise 9.7% in 2024 and only 1.8% in 2025. Due to continued investments in the franchise, costs will remain high. We expect total non-interest expenses to rise 1.2% in 2024. While high funding costs are still a concern, the company’s net interest income (NII) will be positively impacted by rate cuts. We project NII to witness a CAGR of 3.3% by 2026.The company plans to open financial centers in new and existing markets and improve digital capabilities. These will support the top line. We project total revenues to grow 3.1% in 2024.(You can read the full research report on Bank of America here >>>)Alibaba shares have gained +7.8% over the past year against the Zacks Internet – Commerce industry’s gain of +37.8%, with uncertainty about China's economic outlook weighing on the stock. The company is benefiting from strong momentum across its international commerce retail business. Solid combined order growth in AIDC’s retail businesses and strength in AliExpress’ Choice are contributing well.Growing international commerce wholesale business, thanks to strength in cross-border-related value-added services, is a tailwind. Expanding China's wholesale commerce business remains a major positive. Robust local consumer services and Cainiao logistics services are further driving top-line growth.Strength in Lazada, AliExpress and Trendyol is expected to continue benefiting Alibaba’s international business. However, rising expenses related to new initiatives are a concern. Macroeconomic uncertainties and unfavorable foreign exchange fluctuations remain risks.(You can read the full research report on Alibaba here >>>)Shares of Seneca Foods have outperformed the Zacks Food – Miscellaneous industry over the past year (+22.0% vs. -10.2%). This microcap company with market capitalization of $491.59 million demonstrates strong sales momentum with 3.4% growth in net sales for the first six months of fiscal 2025, driven by a 9.9% increase in case volumes (excluding co-pack).Strategic inventory reductions and improved cash flow highlight financial discipline, while its diversified product mix, including brands like Libby’s and Green Giant, supports market leadership in packaged fruits and vegetables.Despite these strengths, rising costs from weather impacts, higher LIFO charges, and a 46.3% decline in net earnings in second-quarter fiscal 2025 present significant profitability risks. For the first six months of fiscal 2025, gross margins fell to 11.7%. Increased interest expenses, competitive pressures, raw material volatility and customer concentration further underscore challenges in sustaining growth.(You can read the full research report on Seneca Foods here >>>)Nathan's Famous shares have outperformed the Zacks Retail – Restaurants industry over the past year (+6.1% vs. +5.9%). This microcap company with market capitalization of $313.66 million has shown consistent growth, with second-quarter fiscal 2025 revenues up 6.1% year over year to $41.1 million and net income up 5.6% to $6 million.The Branded Product Program grew 4.5% in the first half of fiscal 2025, driven by higher hot dog sales and pricing, while licensing royalties rose 12.1% in the first half of fiscal 2025, with Smithfield Foods contributing $20.6 million. Despite expanding its franchise network by 21 locations and the iconic brand and international footprint supporting long-term growth, challenges include declining franchise fees, high debt levels and cost pressures from rising beef prices and labor inflation.Heavy reliance on Smithfield and variability in company-owned location performance underscore risks. Competitive pressures and regulatory uncertainties could further impact margins and growth.(You can read the full research report on Nathan's Famous here >>>)Other noteworthy reports we are featuring today include NextEra Energy, Inc. (NEE), ConocoPhillips (COP) and Southern Copper Corporation (SCCO).Director of ResearchSheraz MianNote: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Today's Must Read

Big Bets on AV and AI to Drive Tesla's (TSLA) Prospects

Branch Openings, Lower Rates Aid BofA (BAC), Fee Income Ails

International Commerce & Cloud Businesses Aid Alibaba (BABA)

Featured Reports

NextEra (NEE) Gains from Renewable Focus, Steady InvestmentPer the Zacks analyst, NextEra's planned long-term investment to enhance clean electricity generation and strengthen its infrastructure will boost its profitability.

ConocoPhillips' (COP) Prime Untapped Drilling Locations AidPer the Zacks analyst, ConocoPhillips' extensive untapped shale assets and strategic LNG investments promise growth. Yet significant reliance on crude and rising operational costs pose a concern.

Expansion Actions to Drive Southern Copper (SCCO), Costs AilThe Zacks analyst believes Southern Copper is poised well to gain from its industry-leading copper reserves and expansion actions. However, higher labor costs will hurt margins.

Investment on Infrastructure & Clean Assets Aid Dominion (D)Per the Zacks analyst, Dominion's investment of $43 billion in 2025-2029 period to enhance clean electricity generation and strengthen its infrastructure will boost its profitability.

Discover Financial (DFS) Rides on Loan Growth, High Costs AilPer the Zacks Analyst, loan growth and net interest income margin expansion are aiding Discover Financial's top line. However, high operating expenses are concerning.

Focus on Innovations Drives GE HealthCare's (GEHC) GrowthPer the Zacks Analyst, GE HealthCare continues to witness growth on the backs of innovations and its presence in growing markets. However, macroeconomic concerns prevail.

United Therapeutics' (UTHR) PAH Portfolio Drives GrowthThe Zacks Analyst believes that demand for United Therapeutics' PAH medicines is strong. Potential approvals for expanded use of Orenitram and Tyvaso and its pipeline can drive long-term growth

New Upgrades

Sprouts Farmers' (SFM) Omnichannel Offering to Propel SalesPer the Zacks analyst, Sprouts Farmers' assortment of better-for-you products, focus on providing hassle-free shopping through omnichannel offering & a network of fresh distribution centers bode well.

Under Armour (UAA) Gains on Strategic Brand TransformationPer the Zacks analyst, Under Armour is progressing in its multi-year transformation to strengthen its brand through deeper customer engagement, effective innovations and disciplined market strategy.

CMY Solutions Buyout and Efficient Workforce Aid ICF (ICFI)Per the Zacks analyst, the acquisition of CMY Solutions improves ICF International's offerings in power and energy advisory services. Efficient Workforce boost profitability.

New Downgrades

Landstar (LSTR) Continues to Grapple With Weak Freight MarketPer the Zacks analyst, weakness in overall volumes due to headwinds like weak freight demand, supply-chain woes and slower network velocity are hurting the top line.

Sluggish Construction Market Hurts Sensata's (ST) ProspectsPer the Zacks analyst, a soft housing construction market affects the Sensing Solutions unit's sales. Loss of market share to local OEMs in the Chinese market is a woe.

High Mortgage Rates & Macro Risks Hurt D.R. Horton (DHI)Per the Zacks analyst, D.R. Horton is hurting from a still high mortgage rate scenario reflecting buyers' uncertainty in opting for buying homes. Also, a competitive market condition adds to it.

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Zacks Investment Research

As the latest earnings season gets underway, there are a number of companies reporting in the coming week, including major Wall Street banks.

Investors will be combing through the results of the big US investment banks — the traditional starting gun for earnings season — with the likes of Goldman Sachs and JPMorgan Chase (JPM) due to report.

After TSMC posted strong monthly revenues on Friday, the focus will now turn to its full quarterly earnings and the chipmaker's outlook for this year.

On the UK market, investors will be keeping an eye on copper miner Antofagasta's latest production report.

Vistry's trading update will be in focus, after the housebuilder warned on profits once again a couple of weeks ago.

Investors will also be looking at Ocado (OCDO.L), on the back of retail data which indicated strong performance for the online grocery platform over the festive period.

Here's what else to look out for:

Goldman Sachs (GS) — Releases fourth quarter earnings on Wednesday 15 January

The coming week will be a busy one for US bank earnings, with Goldman Sachs, JPMorgan Chase, Wells Fargo (WFC) and Citigroup (C) all due to report on Wednesday.

Investors will be keen to get a sense of the outlook for US banks, as concerns about stubborn inflation has given rise to expectations that the US Federal Reserve could slow down its pace of interest rate cuts this year. Investors will also want to gauge the market mood as the US prepares for president-elect Donald Trump's return to the White House later this month.

Stocks: Create your watchlist and portfolio

In the third quarter earnings season, the major banks staged a rebound as corporate clients got more comfortable issuing new debt and pursuing mergers.

In the third quarter, Goldman Sachs posted a 45% surge in profits on the previous year, with a rise in dealmaking and stock trading offering a boost to the bank.

Net income came in at nearly $3bn (£2.45bn), up from around $2bn in the third quarter of 2023.

Investment fees rose by 20% year-on-year to $1.8bn, as companies issued more debt and equity.

Shares in Goldman Sachs are up 50% over the past year alone.

TSMC (2330.TW, TSM) — Releases fourth quarter earnings on Thursday 16 January

Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, posted strong monthly revenue figures on Friday.

The chipmaker posted revenue of $278.16bn new Taiwan dollars (£6.85bn) in December. According to a Reuters calculation this worked out revenue of $868.42bn new Taiwan dollars for the fourth quarter.

This beat forecasts of $853.57bn new Taiwan dollars, based on an LSEG SmartEstimate.

TSMC produces semiconductors for the likes of Apple (AAPL) and Nvidia (NVDA), so these latest figures will bolster investor hopes of a strong 2025 for the AI trend.

The focus will now turn to TSMC's full fourth-quarter earnings release on Thursday, to get more of a sense as to how the semiconductor market is faring and how other chipmakers could perform this earnings season.

TSMC said it expected its gross profit margin to come in between 57% and 59% and to report an operating profit margin of between 46.5% and 48.5%.

Derren Nathan, head of equity research at Hargreaves Lansdown (HL.L), said that a focus for investors in this set of results would be TSMC's outlook for 2025.

"Consensus forecasts are currently looking for robust but slightly slower growth of around 26%," he said. "Management thinks that AI demand is here to stay, and there are signs of a further pick-up in infrastructure spending plans in the data centre space."

"TSMC is investing heavily to keep up with demand. This year an increased investment budget is likely, up from the $30bn or so earmarked for 2024, which shouldn’t cause any undue pressure on the company’s robust finances."

Antofagasta (ANTO.L) — Releases fourth quarter production update on Thursday 16 January

UK-listed Chilean mining company Antofagasta pointed to copper production for 2024 to come in at the "lower end" of its guidance range of 670,000 to 710,000 tonnes.

Iván Arriagada, CEO of Antofagasta, guided to these production figures as "as destocking of concentrate inventories at Los Pelambres continues in the fourth quarter, as well as Los Pelambres and Centinela both exiting the third quarter with performance in line with expectations."

However, he said that copper production had increased 15% in the third quarter.

Arriagada said that cash cost guidance for the year also remained unchanged, driven by the company's "improving operational performance and robust gold prices".

Looking ahead to 2025, the CEO said the mining company was expected to produce 660,000 to 700,000 tonnes of copper this year.

In a note on Thursday, Deutsche Bank (DBK.DE) analyst Liam Fitzpatrick, had a "hold" rating on the stock but lowered the price target from 2,000p to 1,950p.

Referring to the metal and mining market more broadly, Fitzpatrick said that it is "still grappling with a wide range of possible outcomes for US policy and global growth and, until the fog clears, we expect prices to trade range-bound at best."

However, he added that Deutsche Bank still saw the "copper market recovering from late 2025, although developments at the Cobre Panama mine (currently suspended) will be a key supply focus this year".

Vistry (VTY.L) — Releases trading update on Wednesday 15 January

Housebuilder Vistry issued a third profit warning in as many months on Christmas eve, which sent shares tumbling, with the stock down 45% over the past year.

In a trading update, Vistry said it now expected adjusted profit before tax to come in at around £250m ($306m) for the year, lowering this figure from previous guidance of £300m.

The housebuilder said it had seen a number of agreements with partners, which were expected to complete in its current fiscal year, take longer to conclude. Vistry said it had also decided not to proceed with a number of proposed transactions and seen a delay to some open market completions.

Vistry said that while there had been significant cash inflow in the closing weeks of the year, delayed income meant that the househuilder was now expecting net debt to come in at around £200m.

Back in October, Vistry issued an initial profit warning after it discovered costs in one division of its business had been understated.

Greg Fitzgerald, CEO of Vistry, said that financial outcome for 2024 was "disappointing".

"Our top priority for 2025 is to continue building and delivering high quality mixed tenure new homes for our partners and private customers, and to do our part in addressing the country's acute housing shortage," he said.

Vistry is due to release another trading update for the year ended 31 December on Wednesday, with the company's full-year results due out on 6 March.

Fellow housebuilder Persimmon (PSN.L) is also to report next week, with its fourth quarter trading statement scheduled to be released on Tuesday.

Ocado (OCDO.L) — Releases fourth quarter trading update on Tuesday 14 January

An analysis from market research firm Kantar showed that Ocado saw the biggest growth among grocers during the festive period.

Susannah Streeter, head of money and markets at Hargreaves Lansdown, said that Ocado's performance has been "moving in the right direction, with sales momentum growing".

"The tie-up with M&S has strengthened, with the brand clearly a big draw for customers, and with Marks and Sparks (MKS.L) revealing some magical grocery numbers of its own for the third quarter, as like-for-like food sales rose 8.9%, this bodes well for Ocado’s update next week," she said.

However, she added that investors will be "anxious to see progress in Ocado’s Technology Solutions business which is viewed as the biggest lever to pull in terms of future growth. There has been a disappointing pause in its retail partners’ plans for more customer fulfilment centres using Ocado’s robotic systems, with higher interest rates weighing on investment and expansion."

"Ultimately, Ocado needs to move the dial more in the right direction here, before its valuation has a chance of seeing a significant recovery, and with prospects for multiple interest rate cuts in the US fading, with fewer also expected in the UK, this still looks like an uphill struggle for now," Streeter said.

In the third quarter, Ocado said revenue grew by 15.5% to £658m and reported that volumes had risen 15.4% year-on-year.

On the back of this growth, Ocado raised its full-year revenue guidance to low double digital percentage growth, up from previous expectations of mid-high single-digit percentage growth.

Despite strong momentum, Ocado shares are down 61% year-to-date, so investors will be hoping for further positive news in this latest update.

Other companies reporting next week include:

Monday 13 January

PageGroup (PAGE.L)

Oxford Nanopore (ONT.L)

Tuesday 14 January

Ramsdens (RFX.L)

Games Workshop (GAW.L)

Knights Group (KGH.L)

JD Sports (JD.L)

Persimmon (PSN.L)

Robert Walters (RWA.L)

Hunting (HTG.L)

MJ Gleeson (GLE.L)

Suedzucker (SZU.DE)

Wednesday 15 January

Currys (CURY.L)

Experian (EXPN.L)

Hays (HAS.L)

Xaar (XAR.L)

Wells Fargo (WFC)

BlackRock (BLK)

Citigroup (C)

Bank of New York Mellon (BK)

HB Fuller (FUL)

Thursday 16 January

Dunelm (DNLM.L)

Safestore (SAFE.L)

Taylor Wimpey (TW.L)

Harbour Energy (HBR.L)

Deliveroo (ROO.L)

Trustpilot (TRST.L)

Infosys (INFY)

Richemont (CFR.SW)

UnitedHealth (UNH)

Bank of America (BAC)

Morgan Stanley (MS)

M&T Bank (MTB)

Birkenstock (BIRK)

Bank OZK (OZK)

Friday 17 January

DFS Furniture (DFS.L)

Petershill Partners (PHLL.L)

Wipro (WIT)

Schlumberger (SLB)

Fastenal (FAST)

Citizens Financial (CZFS)

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

Goliath Resources Limited

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Drilling Highlights – Golddigger Property:

GD-24-260 intercepted the highest concentration of visible gold and its best high-grade gold drill hole to date at the Surebet Discovery from the Bonanza High-Grade Gold Zone that sits ~200 meters above the valley floor level. Mineralization is within a vein-hosted band of semi-massive pyrrhotite, where the gold occurs in alloys with silver, bismuth and tellurium. Mineralization was also intercepted in the Surebet Zone that sits above Bonanza; both remain wide open:
- Bonanza Zone: 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters, and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters.
- Surebet Zone: 5.51 g/t AuEq (5.39 g/t Au and 9.82 g/t Ag) over 3.40 meters within 2.96 g/t AuEq (2.89 g/t Au and 5.46 g/t Ag) over 6.35 meters.
- An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/eb38ca1d-43bd-4fc2-8f50-7b6c704e35c9
GD-24-275 intercepted two separate stacked veins of high-grade gold, silver and base metals corresponding to the Surebet and Bonanza Zones characterized by sulphide rich quartz breccia; both remain wide open:
- Surebet Zone: 5.00 g/t AuEq (4.88 g/t Au and 9.94 g/t Ag) over 6.00 meters, including 6.67 g/t AuEq (6.60 g/t Au and 13.07 g/t Ag) over 4.42 meters.
- Bonanza Zone: 12.01 g/t AuEq (11.70 g/t Au and 25.66 g/t Ag) over 11.00 meters including 16.48 g/t AuEq (16.05 g/t Au and 35.03 g/t Ag) over 8.00 meters.
- An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/12bcd537-981a-44e9-abdd-f186337f73eb

GD-24-252 intercepted two separate stacked veins of high-grade gold, silver and base metals corresponding to the Bonanza and Golden Gate Zones characterized by sulphide rich quartz breccia; both zones remain open:
- Bonanza Zone: 5.25 g/t AuEq (5.13 g/t Au and 9.46 g/t Ag) over 10.97 m, including 5.74 g/t AuEq (5.61 g/t Au and 10.23 g/t Ag) over 8.95 meters.
- Golden Gate: 3.99 g/t AuEq (3.94 g/t Au and 4.46 g/t Ag) over 5.00 meters.
- An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/51d59aa0-2888-4b67-9e54-f712c96052ad

GD-24-242 intercepted three separate stacked veins of high-grade gold, silver and base metals corresponding to the Surebet and Golden Gate Zones characterized by sulphide rich quartz breccia; all three zones remain open:
- Surebet Zone: 5.08 g/t AuEq (4.99 g/t Au and 7.29 g/t Ag) over 10.85 meters, including 8.41 g/t AuEq (8.26 g/t Au and 12.35 g/t Ag) over 5.46 meters.
- Bonanza Zone: 2.11 g/t AuEq (2.09 g/t Au and 1.71 g/t Ag) over 2.19 meters, within 1.11 g/t AuEq (1.10 g/t Au and 1.21 g/t Ag) over 5 meters.
- Golden Gate: 5.56 g/t AuEq (5.26 g/t Au and 24.61 g/t Ag) over 4.11 meters.
- An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/d698cd93-3d8a-42f1-8d5c-a74f33684108

With only 3 months of drilling in 2024 and the strong gold mineralization observed in multiple drill holes the size of the known Bonanza High-Grade Gold Zone has been nearly doubled from an area 180,000 m2 (720 x 612 x 410 meter triangular area) to 341,000 m2 (835 x 685 x 612 x 410 meter polygon area) that remains wide open.
- An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a4be8477-eeab-4c21-ad24-2a7bdb0f46d5
- An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a51748bf-69f5-4ffb-b6d2-b425973b92fa

100 % of 243 holes drilled at the Surebet Discovery intersected the targeted mineralized zones, of which 106 intersected visible gold and/or abundant visible gold including coarse-grained visible gold. This includes 64 holes drilled in 2024 which intercepted significant mineralization with 92% of the holes (or 59 out of 64 holes) containing visible gold and/or abundant visible gold including coarse-grained visible gold, demonstrating the excellent continuity and predictability of this extensive high-grade world class gold discovery that remains wide open.
Assays are still pending on 89 of 105 holes (85%): 50 drilled in 2024 (42 have visible and/or abundant visible gold including coarse-grained visible gold), 13 drilled into the Reduced Intrusive Dykes 2021-2023 (6 have visible and/or abundant visible gold), 14 relogged shoulders 2021 – 2023 (3 have visible and/or abundant visible gold) and 12 drilled into volcanogenic massive sulphide (VMS) style mineralization at our newly discovered Treasure Island, 40 km to the north of the Surebet system.
An extensive trend of abundant visible gold distribution has been observed in multiple stacked veins in the sediments, at the contact of the sediments and volcanics, as well as in the volcanics. High in the system the visible gold is sporadic and fine-grained, then there is a transition to fine-grained abundant visible gold and coarse-grained visible gold as drilling has gone deeper into the gold mineralizing system. Visible gold is hosted within quartz-veins and quartz-breccias observed in all the rock packages, including the reduced intrusion related zones.
Metallurgical testing has shown exceptional gold recoveries of 92.2% from gravity and floatation requiring only a 327 micrometer crush, with 48.8% occurring as free gold; no deleterious elements detected, and no cyanide required to recover the gold.

TORONTO, Jan. 13, 2025 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report additional drill results for 5 drill holes from its successful 2024 field season at its 100% controlled Golddigger Property (the “Property”), Golden Triangle, B.C. Excellent results from drill holes GD-24-260, GD-24-275, GD-24-252, and GD-24-242 clearly confirm the increase of mineralization within the Bonanza High-Grade Gold Zone which was expanded from 180,000 m2 (720 x 612 x 410 meter triangular area) to 341,000 m2 (835 x 685 x 612 x 410 meter polygon area) and remains wide open. High-grade gold mineralization with excellent continuity and predictability has also been confirmed in the Surebet and Golden Gate Zones, all of which remain wide open. Assays are still pending for a total of 89 out of 105 drill holes that are expected to be released in the immediate future once received, compiled and interpreted.

Dr. Quinton Hennigh, Technical Advisor of Goliath Resources, states: “Drill intercepts from the Bonanza Shear Zone continue to generate remarkable gold values that strongly indicate this important structural zone is a likely feeder to the overall Surebet gold system. While other larger structures such as the Surebet Shear and the Golden Gate Zone are important, and should in no way be discounted, the Bonanza Shear is living up to its namesake. Not only are exceptional gold grades present, but the Bonanza lode, a relatively flat-oriented structure, displays robust thicknesses. Given the numerous drill intercepts that have penetrated this lode to date, it is clearly expansive, too, measuring at least 800 meters along strike and 600 meters down dip. Many assays from these holes will be returning over the coming weeks, but already, it is clear that Goliath needs to carry out a systematic drill campaign in 2025 to test this entire area as well as for extensions of the system as it remains open. We now have supporting evidence that gold in the Surebet system is likely fed by a gold-rich reduced intrusion. Goliath now needs to fully explore the Bonanza Zone, as well as each and every gold-bearing structure that is encountered in order to determine where all the fluids that emanated from this intrusion carried and deposited high-grade gold. Goliath is clearly on the right track.”

Roger Rosmus, Founder and CEO of Goliath Resources, states: “The more we drill, the bigger and higher grade the Surebet system gets. This has been clearly demonstrated by 100% of the holes drilled intercepting targeted zones or multiple stacked veins of mineralization, of which 92% contained visible gold and or abundant visible gold including coarse-grained visible gold as seen in GD-24-260 drilled this year. It’s our best ever Bonanza grade drill hole to date that reminds of the original drill holes from Eskay Creek & Aurelian Resources with our exceptional 39.00 meter intercept of 34.52 g/t AuEq (1.11 oz/T AuEq). We look forward to outlining the full extent of this world-class discovery with future drilling as it remains wide open in all directions. We firmly believe what has been found to date is only a tip of the iceberg. The feeder-source to this extensive high-grade system is indicated to be a reduced intrusion which would be a significant material addition to the potential scale and geometry of the Surebet Discovery. This new gold system continues to exceed our expectations based on the shear size and area containing multiple stacked high-grade veins like a layer cake, including the newly discovered mineralized veins containing visible gold 480 meters below the valley floor level that remains wide open. The system continues to deliver exceptional results consistent with the characteristics of a district scale Tier 1 high-grade gold asset. We are also very keen to report assays from our maiden drill program from the high-grade Treasure Island volcanogenic massive sulphide (VMS) style discovery included in the 89 remaining holes as they become available in the near future.”

During the 3 months drill season in 2024, the area of high-grade gold mineralization within the known Bonanza Zone (formerly described as the Bonanza High-Grade Gold Triangle) has been expanded and nearly doubled from a triangular area measuring 720 x 612 x 410 meters to a polygon area measuring 835 x 685 x 612 x 410 meters that remains wide open. All 64 holes drilled in 2024 have intercepted significant mineralization with 92% of the holes (or 59 out of 64 holes) containing occurrences of visible gold and/or abundant visible gold including coarse-grained visible gold, demonstrating the excellent continuity and predictability of this extensive high-grade gold system that remains wide open in all directions.

GD-24-260 intercepted the highest concentration of visible gold and it is the best ever high-grade gold drill hole to date at the Surebet Discovery from the Bonanza High-Grade Gold Zone that sits ~200 meters above the valley floor level. Mineralization is within a vein-hosted band of semi-massive pyrrhotite, where the gold occurs in alloys with silver, bismuth and tellurium. Mineralization was also intercepted in the Surebet Zone that sits above Bonanza; both remain wide open:
- Bonanza Zone: 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters, and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters.
- Surebet Zone: 5.51 g/t AuEq (5.39 g/t Au and 9.82 g/t Ag) over 3.40 meters within 2.96 g/t AuEq (2.89 g/t Au and 5.46 g/t Ag) over 6.35 meters.
GD-24-275 intercepted two separate stacked veins of high-grade gold, silver and base metals corresponding to the Surebet and Bonanza Zones characterized by sulphide rich quartz breccia; both remain wide open:
- Surebet Zone: 5.00 g/t AuEq (4.88 g/t Au and 9.94 g/t Ag) over 6.00 meters, including 6.67 g/t AuEq (6.60 g/t Au and 13.07 g/t Ag) over 4.42 meters.
- Bonanza Zone: 12.01 g/t AuEq (11.70 g/t Au and 25.66 g/t Ag) over 11.00 meters including 16.48 g/t AuEq (16.05 g/t Au and 35.03 g/t Ag) over 8.00 meters.
GD-24-252 intercepted two separate stacked veins of high-grade gold, silver and base metals corresponding to the Bonanza and Golden Gate Zones characterized by sulphide rich quartz breccia; both zones remain wide open:
- Bonanza Zone: 5.25 g/t AuEq (5.13 g/t Au and 9.46 g/t Ag) over 10.97 m, including 5.74 g/t AuEq (5.61 g/t Au and 10.23 g/t Ag) over 8.95 meters.
- Golden Gate: 3.99 g/t AuEq (3.94 g/t Au and 4.46 g/t Ag) over 5.00 meters.
GD-24-242 intercepted three separate stacked veins of high-grade gold, silver and base metals corresponding to the Surebet and Golden Gate Zones characterized by sulphide rich quartz breccia; all three zones remain open:
- Surebet Zone: 5.08 g/t AuEq (4.99 g/t Au and 7.29 g/t Ag) over 10.85 meters, including 8.41 g/t AuEq (8.26 g/t Au and 12.35 g/t Ag) over 5.46 meters.
- Bonanza Zone: 2.11 g/t AuEq (2.09 g/t Au and 1.71 g/t Ag) over 2.19 meters, within 1.11 g/t AuEq (1.10 g/t Au and 1.21 g/t Ag) over 5 meters.
- Golden Gate: 5.56 g/t AuEq (5.26 g/t Au and 24.61 g/t Ag) over 4.11 meters.

Table 1: Highlights for drill holes reported in this news release.

Hole ID	Zone		From (m)	To (m)	Interval (m)	Au (g/t)	Ag (g/t)	Cu (%)	Pb (%)	Zn (%)	AuEq (g/t)
GD-24-260	Surebet	Interval	434.00	440.35	6.35	2.89	5.46	0.01	0.14	0.06	2.96
		Including	435.86	439.26	3.40	5.39	9.82	0.02	0.25	0.11	5.51
		Including	435.86	438.25	2.39	7.60	13.29	0.02	0.35	0.14	7.76
		Including	437.32	438.25	0.93	17.42	23.07	0.02	0.61	0.31	17.71
	Bonanza	Interval	517.00	556.00	39.00	34.47	3.96	0.00	0.02	0.04	34.52
		Including	534.00	544.00	10.00	132.78	12.98	0.00	0.04	0.11	132.94
		Including	535.00	543.00	8.00	165.84	16.07	0.01	0.05	0.13	166.04
GD-24-275	Surebet	Interval	288.00	294.00	6.00	4.88	9.94	0.01	0.02	0.34	5.00
		Including	289.58	294.00	4.42	6.60	13.07	0.01	0.03	0.44	6.76
		Including	289.58	293.00	3.42	8.50	16.71	0.02	0.04	0.56	8.71
	Bonanza	Interval	428.00	439.00	11.00	11.70	25.66	0.05	0.69	0.63	12.01
		Including	430.00	438.00	8.00	16.05	35.03	0.07	0.94	0.87	16.48
		Including	431.00	436.90	5.90	21.60	46.86	0.09	1.27	1.15	22.18
GD-24-252	Bonanza	Interval	433.92	452.10	18.18	3.26	8.56	0.02	0.17	0.29	3.36
		Including	435.95	451.10	15.15	3.89	10.13	0.03	0.20	0.34	4.01
		Including	440.13	451.10	10.97	5.13	9.46	0.02	0.20	0.28	5.25
		Including	442.15	451.10	8.95	5.61	10.23	0.02	0.23	0.32	5.74
	Golden Gate	Interval	530.04	538.00	7.96	2.48	2.97	0.01	0.02	0.36	2.51
	Golden Gate	Including	532.00	537.00	5.00	3.94	4.46	0.01	0.04	0.57	3.99
GD-24-242	Surebet	Interval	328.00	342.00	14.00	4.03	7.22	0.01	0.06	0.11	4.12
		Including	331.15	342.00	10.85	4.99	7.29	0.01	0.07	0.13	5.08
		Including	331.15	336.61	5.46	8.26	12.35	0.01	0.13	0.17	8.41
	Bonanza	Interval	443.00	448.00	5.00	1.10	1.21	0.01	0.01	0.09	1.11
	Golden Gate	Interval	582.00	586.11	4.11	5.26	24.61	0.03	0.20	2.38	5.56
GD-24-280	Bonanza	Interval	148.00	151.00	3.00	0.91	0.72	0.00	0.00	0.01	0.92

The continuity and predictability of this newly expanded thick high-grade gold horizon has previously been drill tested where GD-23-197 assayed 34.03 g/t AuEq (1.09 oz/t AuEq) over 9 meters (released October 17, 2023), GD-24-235 assayed 35.04 g/t AuEq (1.13 oz/t AuEq) over 5.25 meters (released July 30, 2024), GD-24-249 assayed 30.55 g/t AuEq (0.98 oz/t AuEq) over 8.95 meters (released December 12, 2024) and GD-24-262 assayed 13.90 g/t AuEq (13.85 g/t Au and 3.59 g/t Ag) over 7.60 meters (released January 7, 2025). The new Bonanza High-Grade Gold Zone outcrops on the surface 200 meters above the valley floor level at an elevation of 900 meters above sea level.

The Bonanza High-Grade Gold Zone remains open in all directions, including to depth, where the new Deep Zone was discovered at 1,239 meters downhole from the Bang On Pad and only 480 meters below the valley floor level. This zone contains multiple quartz-sulphide veins and breccias with chalcopyrite, galena and sphalerite demonstrating the tremendous additional untapped discovery potential of the Surebet system that remains wide open. The mineralized zones contain significant amounts of chalcopyrite, galena and sphalerite and remains wide open. Assays for all holes that intersected the new Deep Zone are pending.

The Company looks forward to continuing to expand the mineralization at Surebet and increase the understanding of the geometry and controls of the mineralization with additional modelling as results become available in the immediate future. The discovery of the RIRG mineralization (released December 12, 2024) clearly indicates proximity to the source of this extensive mineralizing system. Drilling in 2025 will focus on expanding the mineralization in all directions, including to depth towards the potential source for the fluids responsible for the extensive high-grade gold-silver mineralization on the Surebet discovery.

Table 2: Collar information for drill holes reported in this news release.

Hole number	CRS	Easting (m)	Northing (m)	Elevation (m)	Azimuth (deg)	Dip (deg)	Length (m)
GD-24-280	NAD83 / UTM zone 9N	457881	6162621	1175	200	55	281
GD-24-275	NAD83 / UTM zone 9N	457365	6162758	1509	135	75	687
GD-24-260	NAD83 / UTM zone 9N	457364	6162753	1503	165	55	619
GD-24-252	NAD83 / UTM zone 9N	457444	6162778	1512	110	80	671
GD-24-242	NAD83 / UTM zone 9N	457447	6162776	1512	120	63	862

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.

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 is a paying member and active supporter of CASERM, an organization that represents a collaborative venture between Colorado School of Mines and Virginia Tech aimed at transforming the way that geoscience data is used in the mineral resource industry. 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. As a CASERM member, the Company requested a study and written report to be performed by Colorado School of Mines analysing Surebet’s origin of mineralization. The study confirmed an extensive intrusive feeder source at depth for the high-grade gold mineralising fluids at Surebet.

Qualified Person

Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath Resource Limited projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release. Mr. Turna is also a director of the Company.

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 world class 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, Mr. Rob McEwen and Mr. Eric Sprott, Mr. Larry Childress and a Global Commodity Group based in Singapore.

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 DepositTM. Drill holes were planned using Leapfrog GeoTM and QGISTM 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 2398.13 USD/oz, Ag 28.118 USD/oz, Cu 4.10 USD/lbs, Pb 2067.5 USD/Ton and Zn 2669 USD/Ton on July 28th, 2024. 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 compiled a list of the 11 Best Potash Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where BHP Group Limited (NYSE:BHP) stands against other best potash stocks to buy according to hedge funds.

Potash is a group of minerals and chemicals that contain potassium, a vital nutrient for plants and animals. The term refers to compounds including potassium sulfate, potassium-magnesium sulfate, potassium nitrate, potassium carbonate, potassium oxide, and potassium chloride. Among these, potassium chloride (KCl), also known as muriate of potash (MOP), is the most commonly produced and used form of potash.

Potash is primarily used to produce fertilizers, which are essential for plant growth and development. Fertilizers containing potash help to support plant growth, increase crop yield, and enhance disease resistance. Additionally, potash helps to improve water preservation, making it an indispensable supplement to the natural nutrient content of soils. Soils often lack these essential nutrients, or growing crops have depleted them, making potash a necessary addition to maintain soil fertility. With approximately 95% of potash being used in fertilizers, its role in agriculture cannot be emphasized enough. The remaining 5% is used in the production of potassium-bearing chemicals, such as detergents, ceramics, pharmaceuticals, water conditioners, and alternatives to de-icing salt.

Potash is mined from underground deposits, either through conventional underground ore mining or by injecting water into the underground ore body and extracting the resulting brine. According to a report by the Canadian Government, potash production was estimated at 67.5 million tonnes globally in 2023, with Canada contributing 32.4% of the global supply. Canada, Russia, and Belarus dominate global potash production and accounted for 65.9% of the total in 2023. Canada is the world’s largest producer and exporter of potash, with 11 active mines in Saskatchewan, producing 21.9 million tonnes and exporting 22.8 million tonnes in 2023, which accounts for over 41% of global exports.

Potash prices have fluctuated over the years, declining from 2013 to 2016 and remaining relatively low until 2020. However, in 2021, prices rose sharply due to strong demand, and the surge continued into 2022, peaking at $1,202 per tonne in April, driven by geopolitical tensions and the Russian invasion of Ukraine. By June 2023, prices had fallen to $328 per tonne as global supply concerns subsided.

Potash is a vital nutrient for plants and animals, and its importance in fertilizers cannot be overstated. As the world’s population continues to grow, the demand for potash is likely to increase.

Is BHP Group (BHP) the Best Potash Stocks to Buy According to Hedge Funds?

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

Our Methodology

To compile our list of the 11 best potash stocks to buy according to hedge funds, we sifted through financial media reports and potash-related ETFs to find companies that are involved in the production and processing of potash. We then used Insider Monkey’s hedge fund database to rank 11 stocks with the largest number of hedge fund holders, as of Q3 2024. The list is sorted in ascending order of hedge fund sentiment.

Why do we care about what hedge funds do? 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 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

BHP Group Limited (NYSE:BHP)

Number of Hedge Fund Holders: 22

BHP Group Limited (NYSE:BHP) is one of the largest mining companies in the world, producing a diverse range of resources, including potash. The company is developing the Jansen Potash Project in Canada, which is expected to become one of the world’s largest potash mines upon completion. BHP Group’s (NYSE:BHP) potash operations focus on meeting the growing demand for fertilizers to support global food security.

BHP Group’s (NYSE:BHP) growth strategy in potash is centered around the Jansen project, which is expected to enter the market at the low end of the global cost curve. The Jansen potash project is a significant investment for the company, with Stage 1 of the project ahead of schedule and expected to commence production in late 2026. The project has the potential to create value for many decades and will position BHP Group (NYSE:BHP) as a major player in the global potash market. The company has already signed non-binding sales agreements for all potash production from its Jansen potash project and plans to convert these agreements into binding contracts within 12–18 months.

BHP Group Limited (NYSE:BHP) also plans to expand the project in future stages, which could potentially lead to significant increases in production and revenue. The company’s focus on potash is driven by the attractive long-term fundamentals of the market, with global demand expected to grow by around 70% by 2050. In addition to the Jansen project, BHP Group Limited (NYSE:BHP) is also exploring other opportunities to grow its potash business. The company’s investment in potash is a key part of its strategy to diversify its portfolio and reduce its reliance on commodities such as iron ore and coal.

Overall BHP ranks 6th on our list of the best potash stocks to buy according to hedge funds. 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. 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 the cheapest AI stock.

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

It hasn't been the best quarter for Freeport-McMoRan Inc. (NYSE:FCX) shareholders, since the share price has fallen 20% in that time. But that doesn't change the fact that the returns over the last five years have been very strong. It's fair to say most would be happy with 203% the gain in that time. So while it's never fun to see a share price fall, it's important to look at a longer time horizon. Of course, that doesn't necessarily mean it's cheap now.

The past week has proven to be lucrative for Freeport-McMoRan investors, so let's see if fundamentals drove the company's five-year performance.

View our latest analysis for Freeport-McMoRan

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

During five years of share price growth, Freeport-McMoRan achieved compound earnings per share (EPS) growth of 54% per year. This EPS growth is higher than the 25% average annual increase in the share price. Therefore, it seems the market has become relatively pessimistic about the company.

The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).

NYSE:FCX Earnings Per Share Growth January 12th 2025

Dive deeper into Freeport-McMoRan's key metrics by checking this interactive graph of Freeport-McMoRan's earnings, revenue and cash flow.

What About Dividends?

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Freeport-McMoRan, it has a TSR of 219% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!

A Different Perspective

While the broader market gained around 23% in the last year, Freeport-McMoRan shareholders lost 3.9% (even including dividends). Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn't be so upset, since they would have made 26%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 1 warning sign for Freeport-McMoRan you should be aware of.

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.

We recently published a list of 10 Firms Close Shortened Trading Week Higher. In this article, we are going to take a look at where Harmony Gold Mining Company Limited (NYSE:HMY) stands against other firms close shortened trading week higher.

Wall Street’s main indices ended the shortened trading week in the red territory on Friday after labor market data came in much hotter than expected, fueling concerns that the Federal Reserve will not cut rates again.

Both the Dow Jones and the Nasdaq Composite dived by 1.63 percent, while the S&P 500 declined by 1.54 percent.

Meanwhile, 10 companies in the mixed sector posted notable gains amid fresh catalysts that perked up buying appetite. In this article, let’s explore the reasons behind their rally.

In Friday’s top advancers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

Is Harmony Gold (HMY) Close Shortened Trading Week Higher?

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

Harmony Gold Mining Company Limited (NYSE:HMY)

Shares of Harmony Gold Mining Company Limited (NYSE:HMY) rallied for a third day on Friday, jumping 5.81 percent to finish at $9.11 apiece. The rally came after the uranium-producing company benefited from the broader bullish trend in the nuclear energy sector, which continues to be driven by the growing demand fueled by advancements in Artificial Intelligence.

According to research from Goldman Sachs, data center energy consumption is expected to surge by 160 percent by 2030. Nuclear power, with its ability to deliver consistent and low-carbon electricity, is emerging as the preferred solution to meet these energy demands. Technology giants have publicly recognized the role of nuclear energy in supporting their operational energy needs.

In November 2024, the Biden administration unveiled a plan to triple US nuclear energy capacity by 2050. The plan included the deployment of 200 GW of new nuclear capacity through new reactor construction, plant restarts, and facility upgrades. In the short term, the administration aims to bring 35 GW of new capacity online by 2035.

Overall, HMY ranks 7th on our list of firms close shortened trading week higher. 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. 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 the cheapest AI stock.

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

We recently compiled a list of the 11 Best Potash Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Sociedad Química y Minera de Chile S.A. (NYSE:SQM) stands against other best potash stocks to buy according to hedge funds.

Potash is a vital nutrient for plants and animals, and its importance in fertilizers cannot be overstated. As the world’s population continues to grow, the demand for potash is likely to increase.

Is Sociedad Quimica y Minera (SQM) the Best Potash Stocks to Buy According to Hedge Funds?

A laboratory technician pouring a specialty blend of industrial chemicals into a beaker.

Our Methodology

Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Number of Hedge Fund Holders: 12

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) commonly referred to as SQM, is a Chilean chemical and mining company recognized for its role as one of the world’s largest producers of potash and lithium. The company’s potassium-based fertilizers are sold globally, with a significant presence in major agricultural markets, including North America, South America, Europe, and Asia.

To grow its potassium-based business, Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has been focusing on a large-scale mining operation in the Atacama Salt Flats in northern Chile. The Atacama Salt Flats are a unique geological formation and boast an abundance of potassium-rich minerals, including potassium chloride (KCl), potassium sulfate (K2SO4), potassium nitrate (KNO3), and other valuable resources. The company extracts these potassium-rich minerals from the salt flats, which are then processed and refined into high-quality potash products. Sociedad Quimica y Minera (NYSE:SQM) potash products are highly valued for their ability to improve crop yields, quality, and overall plant health.

Sociedad Quimica y Minera (NYSE:SQM) is working on expanding its production capacity and improving its operational efficiency. The company has been investing in various projects, including the “Adapting Pond Iris” project, which involves improving the hazardous substances pond facilities at its Iris plant, in accordance with the Adaptation Plan for Hazardous Substances Regulation DS 43.

Overall SQM ranks 7th on our list of the best potash stocks to buy according to hedge funds. While we acknowledge the potential of SQM 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. If you are looking for an AI stock that is more promising than SQM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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

Freeport-McMoRan (FCX) ended the recent trading session at $38.98, demonstrating a -1.91% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 1.54%. On the other hand, the Dow registered a loss of 1.63%, and the technology-centric Nasdaq decreased by 1.63%.

Shares of the mining company witnessed a loss of 5.56% over the previous month, beating the performance of the Basic Materials sector with its loss of 10.98% and underperforming the S&P 500's loss of 2.2%.

The investment community will be paying close attention to the earnings performance of Freeport-McMoRan in its upcoming release. The company is slated to reveal its earnings on January 23, 2025. The company's upcoming EPS is projected at $0.31, signifying a 14.81% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $6.06 billion, up 2.65% from the year-ago period.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Freeport-McMoRan. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 7.48% lower. Right now, Freeport-McMoRan possesses a Zacks Rank of #3 (Hold).

Digging into valuation, Freeport-McMoRan currently has a Forward P/E ratio of 20.8. Its industry sports an average Forward P/E of 20.8, so one might conclude that Freeport-McMoRan is trading at no noticeable deviation comparatively.

We can additionally observe that FCX currently boasts a PEG ratio of 2.17. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Mining – Non Ferrous was holding an average PEG ratio of 1.5 at yesterday's closing price.

The Mining – Non Ferrous industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 148, finds itself in the bottom 42% echelons of all 250+ industries.

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

To follow FCX in the coming trading sessions, be sure to utilize 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

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

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Zacks Investment Research

TORONTO, Jan. 10, 2025 /CNW/ – The shareholders of Lundin Mining Corporation (TSX: LUN) together with BHP Group Limited and Filo Corp. (TSX: FIL) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Filo Corp. will be exchanged for 2.3578 shares of Lundin Mining or C$33.00 cash subject to proration of a max cash of C$2,767 million and maximum share consideration of 92.1 million Lundin Mining shares.

In expectation of the arrangement closing, Filo Corp. will be removed from the S&P/TSX Composite Index prior to the open of trading on January 15, 2025. The shares outstanding of Lundin Mining will be increased at the same time to reflect the issuance of shares.

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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

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Cision

View original content: http://www.newswire.ca/en/releases/archive/January2025/10/c3529.html

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Aura Energy Limited (ASX:AEE), that sends out a positive message to the company's shareholders.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Aura Energy

The Last 12 Months Of Insider Transactions At Aura Energy

Over the last year, we can see that the biggest insider purchase was by MD, CEO & Director Andrew Grove for AU$100k worth of shares, at about AU$0.18 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$0.14). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Aura Energy insiders may have bought shares in the last year, but they didn't sell any. 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!

ASX:AEE Insider Trading Volume January 10th 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.

Does Aura Energy Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that Aura Energy insiders own 11% of the company, worth about AU$13m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At Aura Energy Tell Us?

The fact that there have been no Aura Energy insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in Aura Energy and their transactions don't cause us concern. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To help with this, we've discovered 4 warning signs (2 make us uncomfortable!) that you ought to be aware of before buying any shares in Aura Energy.

Of course Aura Energy may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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

Equity markets in Canada ended higher on Thursday, led by gains for metal mining shares, but the move was limited as investors awaited employment data both sides of the border and braced for a potentially more volatile year for financial markets.

The TSX regained 21.68 points to close Thursday at 25,073.36.

The Canadian dollar dipped 0.06 cents at 69.49 cents U.S.

All eyes will be on U.S. non-farm payrolls data, due Friday, as it is a key indicator for markets to gauge the inflation direction and policy rate path of the Federal Reserve.

The Fed signaled a more cautious pace of rate cuts at its last monetary policy meeting, and traders now expect the first trim this year in either May or June,

Back home, domestic employment figures, also due on Friday, will set the tone for policy easing by the Bank of Canada.

Economists forecast that Canada's economy added 25,000 jobs in December and the unemployment rate edged up to 6.9% from 6.8% in November.

In corporate news, Canadian Natural Resources projected increased production for 2025, as it bets on higher demand amid tight oil supplies. Natural Resources dished off eight cents to $46.91.

Elsewhere, K92 Mining shares rose 26 cents, or 2.6%, to $10.29.

Capstone Mining weighed most by materials stocks, down 43 cents, or 4.9%, to $9.23, while Lundin Mining lost 33 cents, or 2.6%, to $12.94.

In gold stocks, Lundin Gold hiked $1.83, or 5.9%, to $32.87, while Equinox Gold captured 35 cents, or 4.2%, to $8.70.

Among health-care concerns, Bausch Health Companies galloped 34 cents, or 3%, to $11.61, while Sienna Senior Living took on a dime to $8.70.

Read:

Communications did not fare so well, as Rogers fell 43 cents, or 1%, to $43.48, while BCE slipped 30 cents to $33.69.

In the industrial sector, Bombardier faltered $2.45, or 2.6%, to $93.03, while GFL Environmental lost 61 cents, or 1%, to $63.69.

The utility sector was in the red, with Innergex trailing Wednesday by 15 cents, or 1.9%, to $7.76, while Boralex fell 40 cents, or 1.5%, to $27.00.

ON BAYSTREET

The TSX Venture Exchange gained 4.95 points to 615.68.

Seven of the 12 TSX subgroups were higher on the day, led my materials, up 1.9%, while health-care prospered 1%, and gold shone 0.9%.

The five laggards were weighed most by communications, down 0.7%, industrials, settling 0.6%, and utilities, off 0.5%.

ON WALLSTREET

U.S. markets were closed Thursday in memory of former President Jimmy Carter.

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Southern Copper (SCCO). This company, which is in the Zacks Mining – Non Ferrous industry, shows potential for another earnings beat.

When looking at the last two reports, this miner has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.32%, on average, in the last two quarters.

For the most recent quarter, Southern Copper was expected to post earnings of $1.12 per share, but it reported $1.15 per share instead, representing a surprise of 2.68%. For the previous quarter, the consensus estimate was $1.13 per share, while it actually produced $1.22 per share, a surprise of 7.96%.

Thanks in part to this history, there has been a favorable change in earnings estimates for Southern Copper lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. 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.

Southern Copper currently has an Earnings ESP of +8.49%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner.

When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

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

To read this article on Zacks.com click here.

Zacks Investment Research

We recently compiled a list of the 10 Best Uranium Stocks to Invest in Now. In this article, we are going to take a look at where BHP Group Limited (NYSE:BHP) stands against the other uranium stocks.

The global demand for uranium is accelerating, driven by advancements in artificial intelligence (AI) and the electrification of industries. According to research from Goldman Sachs, data center energy consumption is expected to surge by 160% by 2030. Nuclear power, with its ability to deliver consistent and low-carbon electricity, is emerging as the preferred solution to meet these energy demands. Tech giants have publicly recognized the role of nuclear energy in supporting their operational energy needs.

In November 2024, the Biden administration unveiled a plan to triple U.S. nuclear energy capacity by 2050. This plan includes the deployment of 200 GW of new nuclear capacity through new reactor construction, plant restarts, and facility upgrades. In the short term, the administration aims to bring 35 GW of new capacity online by 2035.

Following the domestic nuclear energy deployment targets by the Biden administration, Russia announced restrictions on the export of enriched uranium to the United States. According to the Russian Government, these temporary restrictions are a response to the U.S. ban on Russian uranium imports, which was signed into law earlier in 2024. However, the U.S. ban includes waivers that allow shipments to continue until 2027 to address supply concerns. According to Reuters, Russia is a major player in the global uranium market and produces about 44% of the world's uranium enrichment capacity. In 2023, 27% of the enriched uranium used by U.S. commercial nuclear reactors was imported from Russia.

In an interview with CNBC on December 12, 2024, John Ciampaglia, CEO at Sprott Asset Management, discussed the current state and future prospects of the uranium market. Ciampaglia acknowledged that despite high demand, there has been no major increase in the production of uranium. He explained that this is a strategic decision rooted in supply discipline, a lesson learned when the industry was struggling to survive for nearly 10 years after the accident in 2011 at the Fukushima Daiichi Nuclear Power Plant in Japan. Ciampaglia noted that producers are now cautious about balancing future production with future demand, ensuring that they have built their contract books with utilities before ramping up production. This approach is aimed at maximizing value and revenue in the current market cycle.

Ciampaglia identified three major drivers: growing electricity consumption in emerging markets such as China and India, the pivot of Western countries toward energy security and decarbonization, and the development of small modular reactors (SMRs). He noted that big tech companies are investing in SMR technology, which is crucial for validating and advancing this technology. This investment is expected to boost the demand for uranium.

Ciampaglia also mentioned the gradual recovery of uranium prices, which had been stagnant in 2019 and 2020. The price is now slowly moving up, both in the spot market and the term market, reflecting the building demand. Higher prices are necessary to incentivize miners to expand production and develop new mines, which is essential for meeting the growing demand for uranium in the coming years.

As the world leans heavily on nuclear energy to power the next phase of technological and industrial advancements, uranium will remain a critical resource.

Our Methodology

For this article, we used Finviz and Yahoo stock screeners to find companies that are involved in the mining, trading, or processing of uranium. We then used Insider Monkey’s Hedge Fund database to rank 10 stocks with the largest number of hedge fund holders, as of Q3 2024. The list is sorted in ascending order of hedge fund sentiment.

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

BHP Group Limited (NYSE:BHP)

Number of Hedge Fund Holders: 22

BHP Group Limited (NYSE:BHP) is a global leader in the mining sector and owns a diverse portfolio of high-quality assets across various commodities. The company has a significant presence in uranium exploration and resource development, particularly in Australia, which is home to some of the world's largest uranium deposits.

BHP Group Limited (NYSE:BHP) is actively evaluating potential uranium projects and partnerships to enhance its position in the uranium market. The company's strategic approach involves leveraging its existing infrastructure and operational capabilities to ensure that any new uranium projects are both economically viable and environmentally sustainable. BHP Group Limited (NYSE:BHP) has been involved in the exploration of the Olympic Dam deposit in South Australia, which is one of the world's largest known uranium resources. While the primary focus at Olympic Dam is copper, gold, and silver, the potential for uranium extraction also presents a significant long-term opportunity.

BHP Group Limited (NYSE:BHP) is committed to sustainable and responsible mining practices, which is particularly important in the uranium sector due to the environmental and safety concerns associated with uranium mining and processing. The company has implemented rigorous safety protocols and environmental management systems to ensure that its operations are conducted in a manner that minimizes environmental impact and maximizes social benefits.

Overall BHP ranks 4th on our list of the best uranium stocks to invest in. 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 timeframe. 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 the cheapest AI stock.

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

We recently compiled a list of the 10 Best Uranium Stocks to Invest in Now. In this article, we are going to take a look at where Harmony Gold Mining Company Limited (NYSE:HMY) stands against the other uranium stocks.

As the world leans heavily on nuclear energy to power the next phase of technological and industrial advancements, uranium will remain a critical resource.

Our Methodology

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

Harmony Gold Mining Company Limited (NYSE:HMY)

Number of Hedge Fund Holders: 11

Harmony Gold Mining Company Limited (NYSE:HMY) is a leading gold mining company with a growing uranium footprint. The company recovers uranium from its tailings facilities as a byproduct at its Moab Khotsong Mine in South Africa.

Harmony Gold Mining Company Limited (NYSE:HMY) is strategically focusing on exploiting the high-grade uranium deposits associated with its current and future gold mining operations. This dual-resource approach creates significant synergies, allowing the company to operate more efficiently and achieve a lower cost per unit of production for both minerals.

Harmony Gold Mining Company Limited (NYSE:HMY) is actively conducting feasibility studies to determine the potential for extending the life of its existing mines and identifying new areas. The company is also exploring the possibility of re-mining old tailings dams in South Africa, which would yield additional uranium resources. The company’s Moab Khotsong, a gold and uranium mine is expected to significantly contribute to its uranium production. The high-grade ore bodies from the Moab Khotsong mine can be processed through the existing plant at Moab Khotsong as the company has a dedicated uranium plant at this site.

Overall HMY ranks 7th on our list of the best uranium stocks to invest in. 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 timeframe. 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 the cheapest AI stock.

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

As 2025 begins, the Canadian market stands on a solid foundation following a remarkable year in 2024, with the TSX posting an impressive 18% gain. In this climate of mixed headwinds and tailwinds, investors are keen to identify stocks that combine potential growth with financial stability. Penny stocks, despite their somewhat outdated name, continue to capture interest by offering opportunities in smaller or less-established companies; those with strong financials can present compelling prospects for investors seeking value beyond traditional large-cap investments.

Top 10 Penny Stocks In Canada

Name	Share Price	Market Cap	Financial Health Rating
Mandalay Resources (TSX:MND)	CA$4.00	CA$379.39M	★★★★★★
Pulse Seismic (TSX:PSD)	CA$2.35	CA$122.01M	★★★★★★
Silvercorp Metals (TSX:SVM)	CA$4.36	CA$961.62M	★★★★★★
PetroTal (TSX:TAL)	CA$0.63	CA$583.7M	★★★★★★
Findev (TSXV:FDI)	CA$0.50	CA$15.47M	★★★★★★
Foraco International (TSX:FAR)	CA$2.45	CA$241.16M	★★★★★☆
NamSys (TSXV:CTZ)	CA$1.20	CA$30.89M	★★★★★★
East West Petroleum (TSXV:EW)	CA$0.035	CA$3.62M	★★★★★★
Orezone Gold (TSX:ORE)	CA$0.65	CA$307.33M	★★★★★☆
Hemisphere Energy (TSXV:HME)	CA$1.87	CA$178.48M	★★★★★☆

Click here to see the full list of 944 stocks from our TSX Penny Stocks screener.

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

Lara Exploration

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

Overview: Lara Exploration Ltd. is involved in the acquisition, exploration, development, and evaluation of mineral properties in Brazil, Peru, and Chile with a market capitalization of CA$69.21 million.

Operations: There are no reported revenue segments for Lara Exploration Ltd.

Market Cap: CA$69.21M

Lara Exploration Ltd., with a market cap of CA$69.21 million, is pre-revenue and currently unprofitable, having increased losses by 6.5% annually over the past five years. Despite this, recent earnings reports show a shift to net income for the third quarter and nine months ending September 2024. The company remains debt-free but faces significant dilution with shares outstanding rising by 7.9% last year. Lara’s short-term assets cover its liabilities, yet it has less than a year of cash runway if current cash flow trends persist. Recent developments include an initial resource estimate for its Planalto Copper-Gold Project in Brazil.

TSXV:LRA Financial Position Analysis as at Jan 2025Silver Tiger Metals

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

Overview: Silver Tiger Metals Inc. is involved in the exploration and evaluation of mineral properties in Mexico, with a market cap of CA$92.80 million.

Operations: Silver Tiger Metals Inc. currently does not report any specific revenue segments.

Market Cap: CA$92.8M

Silver Tiger Metals Inc., with a market cap of CA$92.80 million, is pre-revenue and unprofitable, experiencing increased losses over the past five years. The company has no debt but faces shareholder dilution, with shares outstanding growing by 8.2% last year. Short-term assets cover liabilities; however, it has less than a year of cash runway if cash flow trends continue. Recent developments include a Preliminary Feasibility Study for its El Tigre Project in Mexico, highlighting an after-tax NPV of $222 million and plans for further economic assessments in 2025 to explore substantial exploration potential at the site.

TSXV:SLVR Debt to Equity History and Analysis as at Jan 2025TriStar Gold

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

Overview: TriStar Gold, Inc. is involved in the acquisition, exploration, and development of precious metal prospects in the Americas with a market cap of CA$37.79 million.

Operations: TriStar Gold, Inc. currently does not report any revenue segments.

Market Cap: CA$37.79M

TriStar Gold, Inc., with a market cap of CA$37.79 million, is pre-revenue and unprofitable but maintains a positive cash flow, providing over three years of runway. The company has no debt and its short-term assets exceed both short- and long-term liabilities. Despite stable weekly volatility compared to other Canadian stocks, the share price remains highly volatile in the short term. Recent executive changes include Jessica Van Den Akker as interim CEO during Nick Appleyard’s medical leave. The board is experienced with an average tenure of 5.2 years, supporting strategic stability amid ongoing management transitions.

TSXV:TSG Debt to Equity History and Analysis as at Jan 2025Turning Ideas Into Actions

Click this link to deep-dive into the 944 companies within our TSX Penny Stocks screener.
Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio’s performance.
Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Seeking Other Investments?

Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.
Jump on the AI train with fast growing tech companies forging a new era of innovation.
Find companies with promising cash flow potential yet trading below their fair value.

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

Companies discussed in this article include TSXV:LRA TSXV:SLVR and TSXV:TSG.

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

Written by Amy Legate-Wolfe at The Motley Fool Canada

Investing $30,000 in two strong TSX stocks is a smart way to create reliable passive income, especially when alongside other diversified assets. When done with a balanced approach, it combines the power of capital appreciation, dividends, and market stability. Here’s why this strategy is worth your attention and two stocks to go with it.

The stocks

Lundin Mining (TSX:LUN) is a standout in the mining sector, with a strong focus on copper, nickel, and zinc. Copper, in particular, is essential for the renewable energy transition, making Lundin’s position even more promising. The company’s recent earnings show impressive revenue growth of 8.1% year over year for the third quarter (Q3) of 2024, with operating cash flow hitting $1.2 billion over the last 12 months. Its trailing annual dividend yield of 2.18%, coupled with a forward yield of 2.87%, ensures a steady income for investors while benefiting from rising commodity prices.

TFI International (TSX:TFII) is a leader in the logistics and transportation sector and is known for its resilience and innovation. TFII’s revenue grew by 14.3% year over year in Q3 2024, reflecting strong demand for its services across North America. While earnings dipped slightly by 4% due to higher operating costs, the company’s profitability remains robust, with a forward price-to-earnings ratio of just 17.15, indicating value for long-term investors. Its dividend yield of 1.34% may seem modest but is complemented by consistent dividend growth and a low payout ratio of 29.14%, leaving room for future increases.

Easy picks

Pairing these two stocks creates a balanced mix. Lundin Mining thrives in a cyclical, resource-heavy industry, offering the potential for capital appreciation during commodity booms. Meanwhile, TFI International is a stable, service-oriented stock benefiting from e-commerce growth and economic recovery trends, providing resilience during market downturns.

Lundin Mining’s current valuation is attractive, trading at just 1.34 times book value, which is lower than many peers. The company has effectively managed its debt with a current ratio of 1.4, ensuring financial stability. Plus, with increasing global infrastructure projects and electrification, Lundin’s long-term outlook is bright.

TFI International, priced at $195.60 as of writing, remains a growth stock with consistent performance. Its strong institutional ownership at 74.74% reflects confidence in its strategic acquisitions and cost-efficient operations. With a history of leveraging its assets to generate free cash flow ($481.91 million in the last 12 months), TFII has room to reward shareholders while funding growth.

How much you can get

Investing in these stocks aligns with a smart diversification strategy. Commodities like those mined by Lundin offer inflation hedges, while logistics stocks like TFI benefit from long-term e-commerce trends. Together, these reduce portfolio risk and provide stability in a volatile market.

Another key benefit of these stocks is their capacity for dividend reinvestment. Both companies offer consistent payouts that can be reinvested to buy more shares over time, compounding your investment without additional contributions. With Lundin and TFI’s growth trajectory, this reinvestment could accelerate wealth creation. In fact, here is what investors could earn from half that $30,000 investment in each.

COMPANY	RECENT PRICE	NUMBER OF SHARES	DIVIDEND	TOTAL PAYOUT	FREQUENCY	TOTAL INVESTMENT
LUN	$13	1,154	$0.36	$415.44	quarterly	$15,000
TFII	$197	76	$2.58	$196.08	quarterly	$15,000

Bottom line

Ultimately, putting $30,000 into LUN and TFII is a calculated way to grow wealth while enjoying the perks of passive income. These stocks offer stability, growth, and dividends, making them a winning duo in your diversified investment portfolio. And this investment could bring in $611.52 in dividend income alone each year!

The post Invest $30,000 in 2 TSX Stocks and Create $611.52 in Dividend Income appeared first on The Motley Fool Canada.

Should you invest $1,000 in Lundin Mining Corporation right now?

Before you buy stock in Lundin Mining Corporation, consider this:

The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Lundin Mining Corporation wasn’t one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years.

Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have $17,733.03!*

See the Top Stocks * Returns as of 12/26/24

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