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PHILADELPHIA (AP) — PHILADELPHIA (AP) — FMC Corp. (FMC) on Wednesday reported a loss of $15.5 million in its first quarter.

On a per-share basis, the Philadelphia-based company said it had a loss of 12 cents. Earnings, adjusted for one-time gains and costs, were 18 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The chemical producer posted revenue of $791.4 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $779 million.

For the current quarter ending in June, FMC expects its per-share earnings to range from 52 cents to 68 cents.

The company said it expects revenue in the range of $940 million to $1.1 billion for the fiscal second quarter.

FMC expects full-year earnings in the range of $3.26 to $3.70 per share, with revenue ranging from $4.15 billion to $4.35 billion.

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

Order patterns in Q1 largely in line with Company expectations as customer inventory of FMC products reaches targeted levels in most countries

First Quarter 2025 Highlights

Revenue of $791 million, down 14 percent versus Q1 2024, down 10 percent organically1
Consolidated GAAP net loss of $16 million, a decline of $13 million versus Q1 2024
Adjusted EBITDA of $120 million, down 25 percent versus Q1 2024
Consolidated GAAP loss of $0.12 per diluted share, down 10 cents versus Q1 2024
Adjusted earnings per diluted share of $0.18, down 50 percent versus Q1 2024

Full-Year Outlook2

Maintains revenue outlook of $4.15 billion to $4.35 billion, essentially flat to prior year at the midpoint; growth of 3 percent, excluding the impact of the Global Specialty Solutions (GSS) business divestiture
Maintains adjusted EBITDA outlook of $870 million to $950 million, an increase of 1 percent versus prior year at the midpoint and an increase of 4 percent excluding the impact from the GSS divestiture
Embedded in adjusted EBITDA guidance are estimated incremental tariff costs of $15 million to $20 million based on most recent government guidelines
Adjusted earnings per diluted share outlook unchanged at $3.26 to $3.70, flat at the midpoint to prior year
Free cash flow forecast remains $200 million to $400 million, reflecting a decline of 51 percent at the midpoint from prior year

PHILADELPHIA, April 30, 2025 /PRNewswire/ — FMC Corporation (NYSE:FMC) today reported first quarter 2025 revenue of $791 million, down 14 percent versus first quarter 2024, and down 10 percent organically. On a GAAP basis, the company reported a loss of $0.12 per diluted share in the first quarter, a decrease of 10 cents versus first quarter 2024. First quarter adjusted earnings were $0.18 per diluted share, down 50 percent versus first quarter 2024.

"First quarter sales were largely in line with our expectations," said Pierre Brondeau, FMC chairman and chief executive officer. "Our strong focus on increasing product-on-the-ground3 while controlling sales into the channel allowed us to decrease the level of FMC inventory at our distribution partners and more closely align with customer targets in most countries. A continued prudent approach through Q2 will position us to deliver substantial growth in the second half."

Lower first quarter revenue was driven by a price decline of 9 percent, over half of which was attributed to price adjustments in certain "cost-plus" contracts with specific diamide partners as a result of lower manufacturing costs. Foreign currency was a headwind of 4 percent. Volume declined 1 percent versus a weak prior year.

Sales in North America declined 28 percent, attributed mainly to lower volumes as customers in the U.S. delayed purchases as expected and was compounded by international trade dynamics. Latin America sales grew 10 percent, 17 percent excluding currency impacts. Volume improved due to increased direct sales to cotton growers in Brazil, in addition to product-on-the-ground3 significantly outpacing FMC sales into the channel. In Asia, first quarter revenue was lower by 24 percent, down 21 percent excluding FX. Lower volumes were driven by prudent selling to enable channel destocking. EMEA sales declined 11 percent, 7 percent excluding currency impacts, due to lower volumes, including the expected loss of registration for triflusulfuron. The Plant Health business outperformed the overall portfolio with sales growth of 1 percent, driven by growth in biologicals.

FMC Revenue	Q1 2025
Total Revenue Change (GAAP)	(14) %
Less FX Impact	(4) %
Organic1 Revenue Change (Non-GAAP)	(10) %

GAAP net income in the first quarter declined $13 million as lower sales and a higher GAAP effective tax rate were partially offset by net cost favorability as well as lower interest and restructuring charges. FMC first quarter adjusted EBITDA was $120 million, a decrease of 25 percent from the prior-year period, driven by lower pricing, reduced volume and an FX headwind. Costs were a tailwind as favorability in COGS more than offset increased investment in selling and R&D.

On a GAAP basis, cash from operations was negative $545 million, a decline of $402 million versus 2024 due primarily to a smaller reduction in inventory levels as compared to the prior year period. Free cash flow was negative $596 million, a decline of $408 million versus Q1 2024 primarily due to lower cash from operations.

Outlook2

The company reaffirms its full-year 2025 revenue, adjusted EBITDA, adjusted EPS and free cash flow guidance ranges. Embedded in the adjusted EBITDA guidance range is a cost headwind of $15 million to $20 million for expected incremental tariff charges that are planned to be offset by additional cost savings and volume.

Second quarter revenue is expected to be in the range of $940 million to $1.10 billion, a decline of 2 percent at the midpoint compared to second quarter 2024. The Company will continue to prudently sell into the channel while maintaining focus on driving product-on-the-ground3. Modest volume growth is expected to be more than offset by a low-to-mid single digit price decline as well as a low single digit FX headwind. Adjusted EBITDA is forecasted to be in the range of $175 million to $205 million, a decline of 6 percent versus the prior year as lower pricing and FX headwinds are partially offset by favorable costs and a modest volume increase. FMC expects adjusted earnings per diluted share to be in the range of $0.52 to $0.68 in the second quarter, which represents a 5 percent decrease at the midpoint versus second quarter 2024.

The midpoint of first-half guidance implies a 7 percent increase in second-half sales, an 11 percent increase in second-half adjusted EBITDA and a 9 percent increase in adjusted second-half EPS compared to the same period last year. Sales growth in the second half is expected to come mainly from the company's growth portfolio as well as from an additional route to market in Brazil put in place during the first half. Lower costs and increased sales volumes are expected to drive the increase in adjusted EBITDA, partially offset by price and FX headwinds.

	Full-Year 2025Outlook2	Q2 2025Outlook2	First-HalfOutlook2	Second-HalfOutlook2
Revenue	$4.15 billion to $4.35 billion	$940 million to $1.10 billion	$1.73 billion to $1.89 billion	$2.42 billion to $2.46 billion
Growth at midpoint vs. 2024	0 %	(2) %	(7) %	7 %
Adjusted EBITDA	$870 million to $950 million	$175 million to $205 million	$295 million to $325 million	$575 million to $625 million
Growth at midpoint vs. 2024	1 %	(6) %	(15) %	11 %
Adjusted EPS^	$3.26 to $3.70	$0.52 to $0.68	$0.70 to $0.86	$2.56 to $2.84
Growth at midpoint vs. 2024	0 %	(5) %	(21) %	9 %

^ EPS estimates assume 125.6 million diluted shares for full year and 125.6 million diluted shares for Q2.

Supplemental Information

The company will post supplemental information on the web at https://investors.fmc.com, including its webcast slides for tomorrow's earnings call, definitions of non-GAAP terms and reconciliations of non-GAAP figures to the nearest available GAAP term.

Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions. FMC and the FMC logo are trademarks of FMC Corporation or an affiliate.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: FMC and its representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained in this press release, in FMC's other filings with the SEC, and in presentations, reports or letters to FMC stockholders.

In some cases, FMC has identified these forward-looking statements by such words or phrases as "outlook", "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (the "2024 Form 10-K"), the section captioned "Forward-Looking Information" in Part II of the 2024 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission ("SEC"). We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement.

We specifically decline to undertake any obligation, and specifically disclaim any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.

This press release contains certain "non-GAAP financial terms" which are defined on our website www.fmc.com/investors. Such terms include adjusted EBITDA, adjusted earnings, free cash flow and organic revenue growth. In addition, we have also provided on our website reconciliations of non-GAAP terms to the most directly comparable GAAP terms.

Organic revenue growth (non-GAAP) excludes the impact of foreign currency changes.

Although we provide forecasts for adjusted earnings per share, adjusted EBITDA, and free cash flow (non-GAAP financial measures), we are not able to forecast the most directly comparable measures calculated and presented in accordance with GAAP. Certain elements of the composition of the GAAP amounts are not predictable, making it impractical for us to forecast. Such elements include, but are not limited to, restructuring, acquisition charges, and discontinued operations. As a result, no GAAP outlook is provided.

Product-on-the-ground refers to crop protection product currently at farm level expected to be applied.

FMC CORPORATION CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited and in millions, except per share amounts)

	Three Months Ended March 31,
	2025	2024
Revenue	$ 791.4	$ 918.0
Costs of sales and services	474.7	578.3
Gross margin	$ 316.7	$ 339.7
Selling, general and administrative expenses	172.0	163.9
Research and development expenses	68.7	60.9
Restructuring and other charges (income)	17.8	40.9
Total costs and expenses	$ 733.2	$ 844.0
Income from continuing operations before non-operating pension and postretirement charges (income), interest expense, net and income taxes	$ 58.2	$ 74.0
Non-operating pension and postretirement charges (income)	3.2	4.3
Interest expense, net	50.1	61.7
Income (loss) from continuing operations before income taxes	$ 4.9	$ 8.0
Provision (benefit) for income taxes	13.5	(1.4)
Income (loss) from continuing operations	$ (8.6)	$ 9.4
Discontinued operations, net of income taxes	(7.0)	(12.5)
Net income (loss)	$ (15.6)	$ (3.1)
Less: Net income (loss) attributable to noncontrolling interests	(0.1)	(0.4)
Net income (loss) attributable to FMC stockholders	$ (15.5)	$ (2.7)
Amounts attributable to FMC stockholders:
Income (loss) from continuing operations	$ (8.5)	$ 9.8
Discontinued operations, net of tax	(7.0)	(12.5)
Net income (loss)	$ (15.5)	$ (2.7)
Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$ (0.06)	$ 0.08
Discontinued operations	(0.06)	(0.10)
Basic earnings per common share	$ (0.12)	$ (0.02)
Average number of shares outstanding used in basic earnings per share computations	125.1	124.9
Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$ (0.06)	$ 0.08
Discontinued operations	(0.06)	(0.10)
Diluted earnings per common share	$ (0.12)	$ (0.02)
Average number of shares outstanding used in diluted earnings per share computations	125.1	125.2

Other Data:
Capital additions and other investing activities	$ 37.4	$ 23.4
Depreciation and amortization expense	43.7	45.7

FMC CORPORATION RECONCILIATION OF NON-GAAP FINANCIAL MEASURES RECONCILIATION OF NET INCOME (LOSS) ATTRIBUTABLE TO FMC STOCKHOLDERS (GAAP) TOADJUSTED AFTER-TAX EARNINGS FROM CONTINUING OPERATIONS, ATTRIBUTABLE TO FMCSTOCKHOLDERS (NON-GAAP) (Unaudited and in millions, except per share amounts)

	Three Months Ended March 31,
	2025	2024
Net income (loss) attributable to FMC stockholders (GAAP)	$ (15.5)	$ (2.7)
Corporate special charges (income):
Restructuring and other charges (income) (a)	17.8	40.9
Non-operating pension and postretirement charges (income) (b)	3.2	4.3
Income tax expense (benefit) on Corporate special charges (income) (c)	(4.4)	(9.6)
Discontinued operations attributable to FMC stockholders, net of income taxes (d)	7.0	12.5
Tax adjustment (e)	14.3	—
Adjusted after-tax earnings from continuing operations attributable to FMC stockholders (Non-GAAP) (1)	$ 22.4	$ 45.4

Diluted earnings per common share (GAAP)	$ (0.12)	$ (0.02)
Corporate special charges (income) per diluted share, before tax:
Restructuring and other charges (income)	0.14	0.33
Non-operating pension and postretirement charges (income)	0.03	0.03
Income tax expense (benefit) on Corporate special charges (income), per diluted share	(0.04)	(0.08)
Discontinued operations attributable to FMC stockholders, net of income taxes per diluted share	0.06	0.10
Tax adjustments per diluted share	0.11	—
Diluted adjusted after-tax earnings from continuing operations per share, attributable to FMC stockholders (Non-GAAP)	$ 0.18	$ 0.36

Average number of shares outstanding used in diluted adjusted after-tax earnings from continuing operations per share computations (2)	125.5	125.2

____________________
(1)	Referred to as Adjusted earnings. The Company believes that Adjusted earnings, a Non-GAAP financial measure, and its presentation on a per share basis provides useful information about the Company's operating results to management, investors, and securities analysts. Adjusted earnings excludes the effects of corporate special charges, tax-related adjustments and the results of our discontinued operations. The Company also believes that excluding the effects of these items from operating results allows management and investors to compare more easily the financial performance of its underlying business from period to period.

(2)	The average number of shares outstanding used in the three months ended March 31, 2025 diluted adjusted after-tax earnings from continuing operations per share computation (Non-GAAP) includes 0.4 million diluted shares. This number of shares differs from the average number of shares outstanding used in diluted earnings per share computations (GAAP) as we had a net loss from continuing operations attributable to FMC stockholders.

(a)	Three Months Ended March 31, 2025:

	Restructuring and other charges (income) includes restructuring charges of $13.6 million primarily related to the previously announced global restructuring plan, referred to as "Project Focus." Charges incurred related to Project Focus consist of $6.6 million of professional service provider costs and other miscellaneous charges, $4.2 million of severance and employee separation costs, and accelerated depreciation of $3.1 million on assets identified for disposal in connection with the restructuring initiative. Other charges (income) of $4.2 million is comprised of $3.5 million of charges associated with our environmental sites and $0.7 million of other miscellaneous charges.

	Three Months Ended March 31, 2024:

	Restructuring and other charges (income) includes restructuring charges of $33.7 million. Charges incurred are primarily related to Project Focus and include $18.9 million of severance and employee separation costs in connection with various global workforce reduction actions, $11.7 million of professional service provider costs associated with the project, accelerated depreciation of $2.3 million on assets identified for disposal in connection with the restructuring initiative, and $0.5 million of other miscellaneous charges. Other charges (income) of $7.2 million is comprised of $3.3 million of charges associated with our environmental sites and $3.9 million of other miscellaneous charges.

(b)	Our non-operating pension and postretirement charges (income) are defined as those costs (benefits) related to interest, expected return on plan assets, amortized actuarial gains and losses and the impacts of any plan curtailments or settlements. These are excluded from our Adjusted Earnings and are primarily related to changes in pension plan assets and liabilities which are tied to financial market performance and we consider these costs to be outside our operational performance. We continue to include the service cost and amortization of prior service cost in our Adjusted Earnings results noted above. These elements reflect the current year operating costs to our businesses for the employment benefits provided to active employees.

(c)	The income tax expense (benefit) on Corporate special charges (income) is determined using the applicable rates in the taxing jurisdictions in which the corporate special charge or income occurred and includes both current and deferred income tax expense (benefit) based on the nature of the non-GAAP performance measure.

(d)	Discontinued operations includes provisions, net of recoveries, for environmental liabilities and legal reserves and expenses related to previously discontinued operations and retained liabilities.

(e)	We exclude the GAAP tax provision, including discrete items, from the Non-GAAP measure of income, and include a Non-GAAP tax provision based upon the projected annual Non-GAAP effective tax rate. The GAAP tax provision includes certain discrete tax items including, but are not limited to: income tax expenses or benefits that are not related to continuing operating results in the current year; tax adjustments associated with fluctuations in foreign currency remeasurement of certain foreign operations; certain changes in estimates of tax matters related to prior fiscal years; certain changes in the realizability of deferred tax assets and related interim accounting impacts; and changes in tax law. In 2024 and 2023, we recorded significant deferred tax assets due to various tax incentives granted to the Company's Swiss subsidiaries (the "Swiss Tax Incentives"). The initial recognition of these Swiss Tax Incentives did not impact our adjusted non-GAAP effective tax rate but will be considered annually as we realize the benefits. Management believes excluding these discrete tax items, as well as the impacts of the Swiss Tax Incentives annually as the related benefits are realized, assists investors and securities analysts in understanding the tax provision and the effective tax rate related to continuing operating results thereby providing investors with useful supplemental information about FMC's operational performance.

	Three Months Ended March 31,
(in Millions)	2025	2024
Tax adjustments:
Revisions to valuation allowances of historical deferred tax assets	$ (1.2)	$ (1.6)
Net impact of Switzerland tax incentives	2.8	—
Foreign currency remeasurement and other discrete items	12.7	1.6
Total Non-GAAP tax adjustments	$ 14.3	$ —

RECONCILIATION OF NET INCOME (LOSS) (GAAP) TO ADJUSTED EARNINGS FROM CONTINUINGOPERATIONS, BEFORE INTEREST, INCOME TAXES, DEPRECIATION AND AMORTIZATION,AND NONCONTROLLING INTERESTS (NON-GAAP) (Unaudited, in millions)

	Three Months Ended March 31,
	2025	2024
Net income (loss) (GAAP)	$ (15.6)	$ (3.1)
Restructuring and other charges (income)	17.8	40.9
Non-operating pension and postretirement charges (income)	3.2	4.3
Discontinued operations, net of income taxes	7.0	12.5
Interest expense, net	50.1	61.7
Depreciation and amortization	43.7	45.7
Provision (benefit) for income taxes	13.5	(1.4)
Adjusted earnings from continuing operations, before interest, income taxes, depreciation and amortization, and noncontrolling interests (Non-GAAP) (1)	$ 119.7	$ 160.6

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(1)	Referred to as Adjusted EBITDA. Defined as operating profit excluding restructuring and other charges (income) and depreciation and amortization expense.

RECONCILIATION OF CASH PROVIDED (REQUIRED) BY OPERATING ACTIVITIES OFCONTINUING OPERATIONS (GAAP) TO FREE CASH FLOW (NON-GAAP) (Unaudited, in millions)

	Three Months Ended March 31,
	2025	2024
Cash provided (required) by operating activities of continuing operations (GAAP) (1)	$ (545.0)	$ (142.9)

Capital expenditures	(31.6)	(20.7)
Other investing activities	(5.8)	(2.7)
Capital additions and other investing activities	$ (37.4)	$ (23.4)

Cash provided (required) by operating activities of discontinued operations	(13.3)	(21.5)

Free cash flow (Non-GAAP) (2)	$ (595.7)	$ (187.8)

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(1)	Includes cash payments made in connection with our Project Focus transformation program of $55.7 million and $39.9 million for the three months ended March 31, 2025 and 2024, respectively.
(2)	Free cash flow is defined as cash provided (required) by operating activities of continuing operations (GAAP) adjusted for spending for capital additions and other investing activities as well as cash provided (required) by discontinued operations and divestiture transaction costs associated with the sale of our GSS business. We believe that this Non-GAAP financial measure provides a useful basis for investors and securities analysts to evaluate the cash generated by routine business operations, including to assess our our ability to repay debt, fund acquisitions and return capital to shareholders through share repurchases and dividends. Our use of free cash flow has limitations as an analytical tool and should not be considered in isolation or as a substitute for an analysis of our results under U.S. GAAP.

RECONCILIATION OF REVENUE CHANGE (GAAP) TO ORGANIC REVENUE CHANGE (NON-GAAP) (1) (Unaudited)

	Three Months EndedMarch 31, 2025 vs. 2024
Total Revenue Change (GAAP)	(14) %
Less: Foreign Currency Impact	(4) %
Organic Revenue Change (Non-GAAP)	(10) %

___________________
(1)	We believe organic revenue growth (non-GAAP) provides management and investors with useful supplemental information regarding our ongoing revenue performance and trends by presenting revenue growth excluding the impact of fluctuations in foreign exchange rates.

RECONCILIATION OF NET INCOME (LOSS) ATTRIBUTABLE TO FMC STOCKHOLDERS (GAAP) TO RETURN ON INVESTED CAPITAL ("ROIC") NUMERATOR (NON-GAAP) AND ADJUSTED ROIC (USING NON-GAAP NUMERATOR)(1) (Unaudited)

	Twelve Months Ended
	March 31, 2025
Net income (loss) attributable to FMC stockholders (GAAP)	$ 328.3
Interest expense, net, net of income taxes	196.4
Corporate special charges (income)	213.8
Income tax expense (benefit) on Corporate special charges (income)	(31.9)
Discontinued operations attributable to FMC stockholders, net of income taxes	56.3
Tax adjustments	(153.2)
ROIC numerator (Non-GAAP)	$ 609.7

	March 31, 2025	March 31, 2024
Total debt	$ 4,003.5	$ 4,335.7
Total FMC stockholders' equity	4,382.0	4,311.5
Total debt and FMC stockholders' equity (GAAP)	$ 8,385.5	$ 8,647.2
ROIC denominator (2 yr average total debt and FMC stockholders' equity)	$ 8,516.4

ROIC (using Net income (loss) attributable to FMC stockholders (GAAP) as numerator)	3.85 %
Adjusted ROIC (using Non-GAAP numerator)	7.16 %

___________________
(1)	We believe Adjusted ROIC (non-GAAP) provides management and investors with useful supplemental information regarding our utilization of capital provided by both equity and debt as well as our working capital and free cash flow management. Additionally, vesting of certain restricted stock awards granted to officers is connected to Adjusted ROIC as a performance metric.

FMC CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited, in millions)

	March 31, 2025	December 31, 2024
Cash and cash equivalents	$ 315.3	$ 357.3
Trade receivables, net of allowance of $40.4 in 2025 and $39.4 in 2024	2,900.1	2,903.2
Inventories	1,374.4	1,201.6
Prepaid and other current assets	487.8	496.2
Total current assets	$ 5,077.6	$ 4,958.3
Property, plant and equipment, net	858.7	849.7
Goodwill	1,515.1	1,507.0
Other intangibles, net	2,366.6	2,360.7
Deferred income taxes	1,527.2	1,523.8
Other long-term assets	455.7	453.8
Total assets	$ 11,800.9	$ 11,653.3
Short-term debt and current portion of long-term debt	$ 975.8	$ 337.4
Accounts payable, trade and other	801.8	768.5
Advanced payments from customers	1.8	453.8
Accrued and other liabilities	776.6	755.2
Accrued customer rebates	570.1	489.9
Guarantees of vendor financing	73.4	85.5
Accrued pensions and other postretirement benefits, current	3.0	6.4
Income taxes	102.8	122.5
Total current liabilities	$ 3,305.3	$ 3,019.2
Long-term debt, less current portion	$ 3,027.7	$ 3,027.9
Long-term liabilities	1,056.3	1,097.4
Equity	4,411.6	4,508.8
Total liabilities and equity	$ 11,800.9	$ 11,653.3

FMC CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in millions)

	Three Months Ended March 31,
	2025	2024
Cash provided (required) by operating activities of continuing operations	$ (545.0)	$ (142.9)

Cash provided (required) by operating activities of discontinued operations	(13.3)	(21.5)

Cash provided (required) by investing activities of continuing operations	(38.0)	(23.7)

Cash provided (required) by financing activities of continuing operations	552.1	305.7

Effect of exchange rate changes on cash	2.2	(2.2)

Increase (decrease) in cash and cash equivalents	$ (42.0)	$ 115.4

Cash and cash equivalents, beginning of period	$ 357.3	$ 302.4

Cash and cash equivalents, end of period	$ 315.3	$ 417.8

Cision

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SOURCE FMC Corporation

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing 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. In light of that, when we looked at FMC (NYSE:FMC) and its ROCE trend, we weren't exactly thrilled.

We've discovered 4 warning signs about FMC. View them for free.

What Is Return On Capital Employed (ROCE)?

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

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

0.074 = US$635m ÷ (US$12b – US$3.0b) (Based on the trailing twelve months to December 2024).

Therefore, FMC has an ROCE of 7.4%. On its own, that's a low figure but it's around the 8.4% average generated by the Chemicals industry.

Check out our latest analysis for FMC

NYSE:FMC Return on Capital Employed April 30th 2025

In the above chart we have measured FMC's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for FMC .

What Does the ROCE Trend For FMC Tell Us?

When we looked at the ROCE trend at FMC, we didn't gain much confidence. To be more specific, ROCE has fallen from 15% over the last five years. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It may take some time before the company starts to see any change in earnings from these investments.

Our Take On FMC's ROCE

To conclude, we've found that FMC is reinvesting in the business, but returns have been falling. Since the stock has declined 47% over the last five years, investors may not be too optimistic on this trend improving either. All in all, the inherent trends aren't typical of multi-baggers, so if that's what you're after, we think you might have more luck elsewhere.

One final note, you should learn about the 4 warning signs we've spotted with FMC (including 1 which doesn't sit too well with us) .

While FMC isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.

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.

Toronto, Ontario–(Newsfile Corp. – April 29, 2025) – Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ("Minnova" or the "Company"), is pleased to provide an update on the Company's 100%-owned PL Gold Mine and our plans for 2025 and 2026 that could lead to the restart of gold mining operations.

The PL Gold Mine is an advanced development stage gold project. The Company published results of a positive Feasibility Study in 2018 that forecast an average annual production rate of 46,493 ounces over a minimum 5-year mine life. Using a then long-term gold price of US$1,250/oz the study forecast the majority of gold production from underground mining operations with contributions from shallow open pits over the mine life. With current gold price over US$3,000/oz the Company is working with consultants to optimize the mine development plan, including: a) restart the mine with initial production from open pit operations before transitioning to underground mining, b) drilling programs to further expand and define the existing mineral resource estimates, c) metallurgical programs to improve gold recovery and optimize the process flow sheet and d) test property wide exploration potential including the satellite Nokomis Deposit located 7km north east of the PL Mine site. The last phase of drilling at Nokomis was in 2011 which consisted of 11 holes totaling 1,823 m. The results of the program, press released March 1 2012, returned impressive high grade gold mineralization including1;

125.08 g/t over 7.6 m (incl. 1,830 g/t over 0.5 m);
12.27 g/t over 5.2 m;
5.1 g/t over 6.43 m;
9.62 g/t over 5.6 m (incl. 62.23 g/t over 0.53 m)

Table 1: Summary of PL Gold Mine Restart Programs Planned for 2025 and 2026.

Deposit	Activity	Objective	Impact
PL Deposit	Resource expansion drilling.	Further delineate and expand the PL North mineralized structures and update deposit-scale geological model	Potential to expand gold mineralization. PL North not currently included in the 2017 Mineral Resource Estimate (MRE).
	Resource infill drilling	Tighter drill spacing to better delineate existing mineralized structures. Focused on near surface future open pits.	Update and define mineralized domains, update MRE and open pit and underground mine plans
	Update and Amend Permits	Amend current underground mining license (Environment Act License 1207E) to include open pit mining methods.	Update mine plan from 2017 Feasibility Study to consider expanded open pit production starting in year 1
Nokomis Deposit	Resource infill and expansion drilling.	Expand and delineate Nokomis mineralized structures.	Update MRE and analyse contribution to overall PL development plan as potential satellite open pit / underground mine.
PL and Nokomis Deposits	Submit Application for an Advanced Exploration Permits ("AEP").	Consider two 10,000 tonne open pit bulk samples. One on the PL deposit and one at the satellite Nokomis deposit.	The PL bulk sample will be used for updated metallurgical test work including ore sorting and gravity recovery. At Nokomis the bulk sample will be used for initial metallurgical test work and to develop logistics solutions for future satellite mine operations.
PL and Nokomis Deposits	Updated metallurgical test work.	Reduced tonnage to mill at higher grade can result in higher gold recoveries, reduced consumables and lower processing costs.	Enhance gold recovery and optimize overall processing costs.
Property Wide Exploration	Review surface showings and historical drill results outside of PL and Nokomis deposits.	Identify and prioritize targets for follow-up drill testing.	Demonstrate exploration potential of property.

Gorden Glenn, CEO commented, "The planned 2025 and 2026 programs will build on the considerable existing technical database and prior studies. This work will inform an updated Feasibility Study that will include a new optimized mine plan using a much higher gold price than the US$1,250/oz used in the 2018 Feasibility Study."

Qualified Person

Mr. Chris Buchanan, M. Sc., P. Geo., is an independent consultant of the Company and a "Qualified Person" under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

About Minnova Corp.

Minnova Corp. is focused on the restart of its PL Gold Mine, which included completion of a Positive Feasibility Study in 2018. The study concluded the restart of the PL Mine, at an average annual production rate of 46,493 ounces over a minimum 5-year mine life, was economically robust. Importantly the global resource remains open to expansion, as does the reserve. The PL Gold Mine benefits from a short pre-production timeline forecast at 15 months, a valid underground mining permit (Environment Act 1207E), an existing 1,000 tpd processing plant, over 7,000 meters of developed underground ramp to -135 metres depth. The project is fully road accessible and close to existing mining infrastructure in the prolific Flin Flon Greenstone Belt of Central Manitoba.

For more information please contact:

Minnova Corp.Gorden GlennPresident & Chief Executive Officer

Investor Relations: info@minnovacorp.ca

Website: www.minnovacorp.ca

Forward-Looking Statements

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

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

[1] https://www.globenewswire.com/news-release/2012/03/01/1477373/0/en/Auriga-Gold-Reports-High-Grade-Gold-Intersections-from-Nokomis-Deposit-Maverick-Gold-Project-Manitoba-Including-Uncut-Values-Up-to-1-830-g-t-Over-0-5-m.html

NOT FOR DISSEMINATION INTO THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250155

PHILADELPHIA, April 29, 2025 /PRNewswire/ —

FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced the election of Steven Merkt to the company's Board of Directors, effective April 29, 2025. Merkt will serve on the Audit and Nominating and Corporate Governance Committees.

"We are pleased to welcome Steven to FMC's Board of Directors," said Pierre Brondeau, FMC chairman and chief executive officer. "His proven track record of driving growth and operational excellence for global manufacturing companies will be invaluable as we execute our strategy to return to growth. We look forward to benefiting from his insights and leadership as we continue to strengthen our position as a global leader in agricultural sciences."

Merkt brings over 30 years of experience in international manufacturing, operational excellence, cybersecurity and corporate governance. He most recently served as president of the Transportation Solutions segment at TE Connectivity from 2012 to 2024, where he drove significant profitability growth. During his tenure, Merkt was instrumental in developing a robust innovation pipeline and oversaw manufacturing operations in more than 20 countries.

Merkt was a member of the Board of Directors of Arcadium Lithium plc before its recent acquisition by Rio Tinto and was a member of the Board of Directors of one of Arcadium Lithium plc's predecessor companies, Livent Corporation, where he provided experience on successfully managing complex Board governance issues. Earlier in his career, he held multiple senior leadership roles, including president of TE Connectivity's global Automotive business, based in Germany, and vice president of the company's Asia Pacific Automotive business, based in China.

Merkt expressed enthusiasm about his new role, stating, "I'm honored to join FMC's Board and work alongside my fellow Board members and the management team. I look forward to accelerating FMC's mission, driving growth and ensuring operational excellence while building on FMC's impressive legacy of innovation."

About FMC

Cision

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SOURCE FMC Corporation

FMC Corporation FMC is set to release first-quarter 2025 results after the closing bell on April 30.The company beat the Zacks Consensus Estimate for earnings in each of the last four quarters. On average, FMC has a trailing four-quarter earnings surprise of around 20.2%. The company reported an earnings surprise of 11.1% in the last reported quarter.FMC is likely to have faced challenges from de-stocking and pricing pressures in the first quarter. The company's cost actions and new product launches are expected to have contributed to its performance.FMC’s shares have lost 29.5% in the past year compared with the Zacks Agriculture – Operations industry’s 6.7% decline.

Image Source: Zacks Investment Research

Let’s see how things are shaping up for this announcement.

What Our Model Unveils for FMC Stock

Our proven model predicts an earnings beat for FMC this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earning beat.Earnings ESP: Earnings ESP for FMC is +34.04%. The Zacks Consensus Estimate for the first quarter is currently pegged at 8 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: FMC currently carries a Zacks Rank #3.(Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)

What Do FMC’s Revenue Estimates Say?

The Zacks Consensus Estimate for first-quarter sales for FMC is currently pegged at $779 million, suggesting a 15.1% year-over-year decline.The consensus estimate for North America’s revenues is currently pegged at $224.2 million, suggesting a 13.4% year-over-year decline.The Zacks Consensus Estimate for Latin America sales is pegged at $137.9 million, indicating a 26.6% year-over-year decrease.The consensus estimates for Europe, the Middle East and Africa (EMEA) sales are pegged at $278.5 million, calling for a 9.2% year-over-year decline.The same for Asia is pinned at $144.8 million, indicating a 11.8% decline on a year-over-year basis.

Factors at Play for FMC Stock

FMC is expected to have gained from efforts to expand its product portfolio through new product launches and restructuring actions in the first quarter. FMC is committed to strengthening its product portfolio by investing in new technologies and launching new products, which are gaining significant traction in Europe, North America and Asia. These initiatives are expected to have supported the company's results. The company is seeing strong performance of its growth portfolio, including Cyazypyr active and new active ingredients fluindapyr and Isoflex Active, which are generating higher sales. FMC is also expected to have benefited from reduced input costs, a favorable product mix and cost-control actions. It is making progress with its global restructuring and cost-reduction program. It saw benefits from restructuring of $165 million on full-year 2024 adjusted EBITDA, with more than $225 million run rate savings expected by the end of 2025. The benefits of restructuring actions are expected to be reflected in the company's margins in the quarter to be reported.The company is likely to have faced headwinds from inventory de-stocking. Continued active inventory management is expected to have weighed on its volumes. The company is seeing channel de-stocking in India and Latin America. FMC projects revenues for the first quarter to be in the $750-$800 million range, indicating a 16% decrease at the midpoint from the same period in 2024. Volume is projected to fall as customers in various countries continue to cut inventories and retailers and growers make cautious purchases in an environment of low commodity prices.Weaker prices are also likely to weigh on the company’s revenues in the first quarter. It faced headwinds from weaker prices in the fourth quarter. The pricing headwind is expected to have continued in the first quarter. FMC sees mid-to-high-single digit price decline in the first quarter mainly due to the price adjustments for diamide partner contracts.

FMC Corporation Price and EPS SurpriseFMC Corporation Price and EPS Surprise

FMC Corporation price-eps-surprise | FMC Corporation Quote

Basic Materials Stocks That Warrant a Look

Here are some companies in the basic materials space you may want to consider as our model shows they too have the right combination of elements to post an earnings beat this quarter:CF Industries Holdings, Inc. CF, scheduled to release earnings on May 7, has an Earnings ESP of +3.67% and carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.The consensus estimate for CF’s earnings for the first quarter is currently pegged at $1.47.ATI Inc. ATI, slated to release earnings on May 1, has an Earnings ESP of +2.46% and carries a Zacks Rank #3 at present.

The consensus mark for ATI’s first-quarter earnings is currently pegged at 58 cents.Kinross Gold Corporation KGC, scheduled to release earnings on May 6, has an Earnings ESP of +11.07%.The Zacks Consensus Estimate for Kinross Gold's earnings for the first quarter is currently pegged at 22 cents. KGC currently carries a Zacks Rank #2.

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

ATI Inc. (ATI) : Free Stock Analysis Report

CF Industries Holdings, Inc. (CF) : Free Stock Analysis Report

Kinross Gold Corporation (KGC) : Free Stock Analysis Report

FMC Corporation (FMC) : Free Stock Analysis Report

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

Zacks Investment Research

VANCOUVER, BC, April 28, 2025 /CNW/ – Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), ("Bravo" or the "Company") is pleased to announce the appointment of Ms. Margot Naudie to the Board of Directors, effective immediately.

Ms. Naudie is a seasoned capital markets professional with over 25 years of global investment experience managing long/short and global natural resource portfolios. She held senior roles at leading multi-billion asset management firms including TD Asset Management, Marret Asset Management and CPP Investment Board. Margot was cited as a Brendan Wood Top Gun (Platinum) for five consecutive years.

Ms. Margot serves as an Independent Director on public and private boards and has a broad range of experience across board roles. This includes serving as Audit Chair, Compensation Committee Chair, Lead Independent Director, HR and ESG Committees, and Chair of a Special Committee. Margot graduated with degrees in Political Science and Economics from McGill University and an MBA from the Ivey School of Business. She is a Chartered Financial Analyst charterholder. Margot will chair Bravo's audit committee.

The Company also announces that, at Bravo's upcoming 2025 Annual General and Special Meeting of Shareholders ("AGSM"), Mr. Stuart Comline is to retire and therefore will not stand for re-election. Mr. Comline has been a director of the Company since inception and has played a significant role in its creation, growth and success. Stuart will continue with Bravo in a technical advisory capacity.

"We are very pleased to welcome Margot to the Board. She brings a wealth of knowledge and experience in capital markets, and her strong track record in natural resource investment and governance will be invaluable to Bravo as we continue to unlock the potential of our Luanga Project," said Luis Azevedo, Chairman and CEO. "On behalf of the Board and management, I would also like to express our sincere appreciation to Stuart for his significant contributions since the Company's inception. With a successful track record in the development of platinum group metal (PGM) deposits, Stuart played a critical role in technically vetting the Luanga Project for acquisition by Bravo and developing our team's knowledge of PGM systems. His insight, dedication, and thoughtful guidance have been instrumental to our success, and we are pleased that his expertise will remain close to us in an advisory capacity."

Ms. Naudie stated: "Having spent my career assessing mining investments around the world, I recognize how rare it is to find a project like Luanga – an asset with scale, grade, growth, and discovery potential in critical metals, located in a top-tier jurisdiction. Bravo's highly experienced team, with a proven track record of successful local execution and a solid financial position, has the Company exceptionally well-placed for success. I am excited to join the Board and support Bravo as it advances this outstanding opportunity."

Stock Options

The Company's board of directors has approved the granting of 150,000 incentive stock options pursuant to the Company's Stock Option Plan to Margot Naudie. Such Options are exercisable into common shares of the Company at an exercise price of C$2.58 per common share, and vest as to 25% one year from the date of grant followed by 25% annually thereafter until fully vested.

2025 Director Nominees

In connection with the AGSM, the Company is pleased to announce that the Environment, Social and Governance Committee has recommended, and the Board of Directors (the "Board") has approved, four director nominees, including new independent director nominee Ms. Margot Naudie. In addition to Ms. Naudie, Luis Azevedo, Tony Polglase and Stephen Quin will stand for re-election.

2025 Annual General and Special Meeting of Shareholders

The Company invites shareholders to attend the virtual AGSM being held at 10:00 a.m. PT on Thursday, June 5, 2025. Shareholders of record as of the close of business on April 23, 2025, being the record date, will be eligible to vote in advance of the meeting.

Complete details of the AGSM are contained in the Company's 2025 Management Information Circular, which will be available on the Company's website and on SEDAR+ at www.sedarplus.ca on April 30, 2025.

About Bravo Mining Corp.

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

Bravo is one of the most experienced explorers in Carajás. The team, comprising of local and international geologists, has a proven track record of PGM, nickel, and copper discoveries in the region. They have successfully taken a past IOCG greenfield project from discovery to development and production in the Carajás.

The Luanga Project is situated on mature freehold farming land and benefits from being located close to operating mines and a mining-experienced workforce, with excellent access and proximity to existing infrastructure, including road, rail, ports, and hydroelectric grid power. Bravo's current Environmental, Social and Governance activities includes planting more than 35,000 high-value trees in and around the project area, while hiring and contracting locally.

In 2025, the Luanga Project was granted a preliminary licence (see news release dated March 3, 2025) for the development of the project. Combined with the recently updated Mineral Resource Estimate which increased both tonnes and grade (see news release dated February 18, 2025), this places Luanga at the forefront of potential future PGM+Au+Ni projects globally, while benefitting from extensive infrastructure (including road, rail and low cost, reliable hydro power), an experienced work force, shallow depths amenable to potential open pit extraction, and in a geopolitically favourable location close to end-user markets.

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

SOURCE Bravo Mining Corp.

Cision

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When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Taranis Resources Inc.'s (CVE:TRO) instance, it's good news for shareholders.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

We've discovered 4 warning signs about Taranis Resources. View them for free.

The Last 12 Months Of Insider Transactions At Taranis Resources

Over the last year, we can see that the biggest insider purchase was by insider James Stuckert for CA$153k worth of shares, at about CA$0.51 per share. That means that an insider was happy to buy shares at above the current price of CA$0.20. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. 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.

Taranis Resources insiders may have bought shares in the last year, but they didn't sell any. The average buy price was around CA$0.42. This is nice to see since it implies that insiders might see value around current prices. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for Taranis Resources

TSXV:TRO Insider Trading Volume April 26th 2025

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Are Taranis Resources Insiders Buying Or Selling?

We saw some Taranis Resources insider buying shares in the last three months. insider James Stuckert bought CA$11k worth of shares in that time. It's good to see the insider buying, as well as the lack of recent sellers. However, in this case the amount invested recently is quite small.

Does Taranis Resources Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Taranis Resources insiders own about CA$5.2m worth of shares. That equates to 26% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Taranis Resources Insider Transactions Indicate?

Our data shows a little insider buying, but no selling, in the last three months. Overall the buying isn't worth writing home about. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in Taranis Resources and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Taranis Resources. At Simply Wall St, we've found that Taranis Resources has 4 warning signs (3 can't be ignored!) that deserve your attention before going any further with your analysis.

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

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

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

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

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

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

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

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

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

About Northern Shield Resources

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

Cautionary Statement Regarding Forward-Looking Statements

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

SOURCE Northern Shield Resources Inc.

Cision

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

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

Top 10 Penny Stocks In Australia

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

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

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

Arafura Rare Earths

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

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

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

Market Cap: A$517.51M

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

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

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

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

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

Market Cap: A$133.7M

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

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

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

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

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

Market Cap: A$1.08B

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

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

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

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

This article was originally published by Simply Wall St.

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

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

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

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

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

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

– Ian Bliss, President and CEO, Northern Shield

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

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

About Northern Shield Resources

Cautionary Statement Regarding Forward-Looking Statements

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

SOURCE Northern Shield Resources Inc.

Cision

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

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

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

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

Upcoming Events

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

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

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

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

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

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

About Stillwater Critical Minerals Corp.

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

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

FOR FURTHER INFORMATION, PLEASE CONTACT:

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

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

Web: http://criticalminerals.com Toll Free: (888) 432 0075.

Forward-Looking Statements

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

SOURCE: Stillwater Critical Minerals Corp.

View the original press release on ACCESS Newswire

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

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

What Is Return On Capital Employed (ROCE)?

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

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

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

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

Check out our latest analysis for Zimplats Holdings

ASX:ZIM Return on Capital Employed April 17th 2025

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

What Does the ROCE Trend For Zimplats Holdings Tell Us?

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

The Bottom Line

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

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

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

FMC Corporation FMC has received its first product registration in Brazil for Sofero Fall pheromone. It is the first in its lineup of distinctive pheromone products for row crops, offering growers sustainable pest control methods, managing resistance and boosting productivity. Sofero Fall pheromone targets fall armyworms (Spodoptera frugiperda).

The successful registration of Sofero Fall in Brazil will bring high-performance, sustainable crop protection solutions to growers and help fight against fall armyworms. It is focused on prevention rather than treatment, as it uses an innovative mating disruption technique. Sofero is a sprayable formulation combined with synthetics, biologicals and precision technologies to improve operational efficiency.

FMC is also awaiting registration of Sofero Frugi pheromone, which also targets fall armyworms, in Mexico and is anticipated in 2027. The company plans to extend its portfolio with sustainable pest management programs and strengthen its global reach.

FMC stock has lost 36.1% over the past year compared with the 12.9% decline in the industry.

Zacks Investment Research

Image Source: Zacks Investment Research

FMC expects revenues for the first quarter to be in the range of $750 million to $800 million, a 16% decrease at the midpoint from the same period in 2024. Volume is likely to fall as customers in various countries continue to cut inventories, and retailers and growers make cautious purchases in an environment of low commodity prices. Adjusted EPS is projected to be in the range of 5 cents to 15 cents, representing a 72% fall at the midpoint against the first quarter of 2024 due to the reduction in adjusted EBITDA.

FMC’s Zacks Rank and Key Picks

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

Some better-ranked stocks in the Basic Materials space are DRDGOLD Limited DRD, Idaho Strategic Resources, Inc. IDR and Carpenter Technology Corporation CRS. DRD, IDR and CRS have a Zacks Rank #2 (Buy) each at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for DRD’s current-year earnings is pegged at $1.06 per share, indicating a 29.3% year-over-year rise. Its shares have soared 80.5% in the past year.

The Zacks Consensus Estimate for IDR’s 2025 earnings is pegged at 78 cents per share, indicating a rise of 16.4% from year-ago levels. IDR’s earnings beat the consensus estimate in three of the trailing four quarters while missing once, with the average surprise being roughly 77.5%.

The Zacks Consensus Estimate for Carpenter Technology’s current fiscal-year earnings is pegged at $6.95 per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 15.7%. CRS’ shares have soared 116.5% in the past year.

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

Carpenter Technology Corporation (CRS) : Free Stock Analysis Report

FMC Corporation (FMC) : Free Stock Analysis Report

DRDGOLD Limited (DRD) : Free Stock Analysis Report

Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report

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

Zacks Investment Research

Commerce Resources (CCE.V) on Friday struck a merger agreement under which Australia-listed Mont Roy

MONTREAL, April 11, 2025 /CNW/ — Commerce Resources Corp. (TSXV: CCE, FSE: D7H0) ("Commerce") is pleased to announce it has entered into a definitive agreement with Mont Royal Resources Limited (ASX: MRZ) ("Mont Royal") to merge the two companies. Under the agreement, Mont Royal will acquire 100% of Commerce's issued and outstanding shares through a court-approved plan of arrangement under the Business Corporations Act (British Columbia).

The merger will create a Québec-focused critical minerals explorer and developer, combining Commerce's Ashram Rare Earth and Fluorspar Project and Eldor Niobium Project with Mont Royal's Northern Lights Lithium Project.

The newly combined entity will be dual-listed on the TSX Venture Exchange (TSXV) and the Australian Securities Exchange (ASX), enhancing access to capital and liquidity. The merger also unites experienced leadership teams with strong track records in capital markets, project development, and operations.

To view full announcement: https://www.accessnewswire.com/newsroom/en/metals-and-mining/commerce-resources-and-mont-royal-resources-enter-into-arrangement-agreement-to-c-1012730

More Information: https://commerceresources.com/

SOURCE Commerce Resources Corp.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/11/c5333.html

FMC's portfolio of distinctive pheromone products for row crops leads a new era in crop protection and pest management

PHILADELPHIA, April 10, 2025 /PRNewswire/ —

FMC Corporation Logo. (PRNewsFoto/FMC Corporation)

FMC Corporation (NYSE: FMC), a leading agricultural sciences company, today announced it has received registration in Brazil for Sofero™ Fall pheromone targeting fall armyworm (Spodoptera frugiperda). Sofero™ Fall is the first in the company's lineup of distinctive pheromone products for row crops offering growers a novel approach to sustainably control pests, manage resistance and boost productivity.

"The registration of Sofero™ Fall in Brazil marks a significant milestone in our efforts to bring high-performance, sustainable crop protection solutions to growers," said Ronaldo Pereira, FMC president. "We are excited to provide growers with a powerful new tool in the battle against fall armyworm. Fall armyworm has developed resistance to many traditional insecticides, and growers are seeking alternative solutions to complement their existing practices. Sofero™ Fall offers an efficient and sustainable way to overcome mounting resistance challenges and enhance the performance of their pest management programs."

Sofero™ Fall features an innovative mode of action based on mating disruption. This breakthrough technology harnesses the powerful signals of pheromones to naturally disrupt the mating cycles of fall armyworm, preventing it from reproducing. By breaking the pest cycle before the next generation can emerge, Sofero™ Fall protects crops in the early stages of development, reducing damage and supporting healthy growth. The unique, sprayable formulation leverages FMC's proprietary microencapsulation technology to improve stability and extend its effectiveness, optimizing performance and providing growers with longer-lasting protection.

Sofero™ Fall is the first product to launch under FMC's global Sofero™ pheromone solutions brand. The Sofero™ portfolio of products will target destructive pests in key crops including rice, corn, cotton and soybeans. Sofero™ pheromone solutions are designed to be used as part of an integrated program, combined with synthetics, biologicals and precision technologies to improve operational efficiency.

"Sofero™ pheromone solutions inspire a new way to think about crop protection – one that is focused on prevention over treatment," continued Pereira. "With our extensive portfolio and global reach, FMC is uniquely positioned to bring these game-changing solutions to growers around the world, creating a more sustainable future for agriculture while solving real problems in the field."

Registration for Sofero™ Frugi pheromone, which also targets fall armyworm, is pending in Mexico and anticipated in 2027.

About FMC

Sofero™ is a trademark of FMC Corporation and/or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions.

We specifically decline to undertake any obligation, and specifically disclaims any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.

Sofero™ pheromone solutions inspire a new way to think about crop protection.Cision

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SOURCE FMC Corporation

We recently published a list of 8 Worst Small Cap Agriculture Stocks to Buy. In this article, we are going to take a look at where FMC Corporation (NYSE:FMC) stands against other worst small cap agriculture stocks to buy.

To supply the world’s demands for food and raw materials, the agriculture sector—which includes growing crops and rearing livestock—is essential to global sustainability. According to data from the Business Research Company, the industry is predicted to expand at a compound annual growth rate (CAGR) of 7.9% from $14.36 trillion in 2024 to $15.50 trillion in 2025, demonstrating its continued importance as a pillar of the global economy. Despite its value, the industry has experienced structural changes throughout the years due to resource management, changing global demand, and technological improvements.

However, fears concerning stunted productivity and sustainability have appeared in recent years, creating obstacles for long-term growth. A significant shift in the sector has been the growing contribution of the Global South—Africa, Asia, and Latin America—which has accounted for 73% of world agricultural output by 2020. McKinsey & Company predicts that as these rising markets modernize their agricultural processes, their proportion of production will grow even more. This change has been fueled by advances in crop science, irrigation techniques, and mechanization, which have enabled larger yields with the same land resources. Furthermore, reducing inflation in the United States around the end of 2024 has helped reduce input costs, notably in energy, resulting in higher margins for agricultural producers.

Despite these encouraging signs, the industry’s efficiency, as measured by Total Factor Productivity (TFP), has slowed. The global TFP growth rate decreased from 1.6% in the early 2000s to 0.9% during the past decade. With food consumption expected to increase by 60% by 2050, sluggish productivity raises concerns about future food security, price increases, and increased environmental constraints. Likewise, The Farm Products sector has experienced negative year-to-date and one-year returns. In contrast, global food commodity prices rose in February 2025, driven by rising sugar, dairy, and vegetable oil costs.

To address these difficulties, the sector is focusing on sustainability-driven solutions, notably connected agriculture. This entails the use of advanced technologies to improve, manage, and regulate farming operations. Advances in digital technologies have made it feasible to collect and use massive amounts of data at low cost, hence increasing crop yields while reducing resource consumption, such as water, fertilizers, and seeds. According to Fortune Business Insights, the global connected agricultural market was valued at $1.84 billion in 2018 and is expected to grow to $7.22 billion by 2026, with a CAGR of 19.1% over the forecast period. In 2018, North America dominated the global market, accounting for a 34.06% share in 2018.

Given these characteristics, maintaining agricultural expansion would necessitate major investment in next-generation farming technologies and sustainable practices. According to McKinsey & Company, advances in agricultural technology have the potential to deliver a 25% rise in global output over the next decade while improving efficiency and lowering environmental impact. Meanwhile, the sector remains a crucial engine of the US economy, accounting for more than $1.5 trillion in GDP in 2023, or 5.5% of economic output.

Agriculture is the foundation of global economic stability, supporting billions of people globally. However, despite its central role, not all stocks in the industry have performed well.

Our Methodology

For this article, we started by using Finviz screeners to identify stocks in the agricultural inputs and farm products industries. From this expanded list, we chose companies with strong market capitalization. Next, we looked at how many hedge funds were invested in these companies because we believe that stocks with a high level of hedge fund interest do well. Finally, we determined the short percentage of float for each firm, which represents the level of negative sentiment or short interest in the stock. The companies were then sorted in ascending order according to their short proportion of float.

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

Is FMC Corporation (FMC) the Worst Small Cap Agriculture Stock to Buy?

A laboratory technician carefully mixing chemicals in a laboratory.

FMC Corporation (NYSE:FMC)

Number of Hedge Fund Holders: 48

% of Short Float: 5.34%

FMC Corporation (NYSE:FMC) is an agricultural sciences firm that provides crop protection solutions to key global markets. The company creates and sells insecticides, herbicides, fungicides, and biologicals that improve crop yield and quality. It also offers seed treatment products and plant health solutions, which are distributed through its own sales teams, alliance partners, and independent distributors.

Despite sharing an EPS of $1.79 for the fourth quarter that ended December 31, 2024, which was above expectations of $1.65, FMC Corporation (NYSE:FMC) suffered considerable revenue pressure. Q4 sales fell to $1.22 billion, missing expectations, while full-year revenue fell 5%. Furthermore, channel inventory concerns in Latin America, Asia, and Eastern Europe, along with pricing pressure and rising generic competition for important products such as Rynaxypyr, created pressure on earnings.

However, FMC Corporation (NYSE:FMC) increased Q4 EBITDA by 33% year-on-year to $339 million, with a record Q4 EBITDA margin of 27.7%. Furthermore, the company outperformed its restructuring expectations, resulting in $165 million in net savings for 2024. However, these cost-cutting measures were overshadowed by increased inventory levels, notably in Brazil, prompting the corporation to rethink its market strategy and distribution methods.

Moreover, a 5% foreign exchange headwind further affected sales, while changing customer behavior and persistent destocking patterns posed additional short-term issues. Despite lowering gross debt by approximately $600 million and creating $614 million in free cash flow, the company’s prospects remain bleak.

Looking ahead, FMC Corporation (NYSE:FMC) predicts a rough 2025, calling it a “correction year.” The company predicts Q1 2025 revenue to fall 16% year-on-year, with Q1 EBITDA falling around 28%. Furthermore, weak growth predictions and ongoing financial challenges have driven investor sell-offs, causing FMC’s stock to fall 41.4% in the last year, making it one of the worst agriculture stocks.

Overall, FMC ranks 7th on our list of worst small cap agriculture stocks to buy. While we acknowledge the potential of FMC, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FMC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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

PHILADELPHIA, April 9, 2025 /PRNewswire/ — FMC Corporation (NYSE: FMC) today announced that Pierre Brondeau, FMC chairman and chief executive officer, and Andrew Sandifer, FMC executive vice president and chief financial officer, will speak at the BMO Capital Markets Global Farm to Market Conference on May 15, 2025, at 9:30 a.m. Eastern Time. A live webcast will be available at www.fmc.com/investors.

About FMC

Cision

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SOURCE FMC Corporation

We recently published a list of 14 Best Farmland and Agriculture Stocks to Buy Now. In this article, we are going to take a look at where FMC Corporation (NYSE:FMC) stands against other best farmland and agriculture stocks to buy now.

The American Agriculture Sector and Trump’s Tariffs

At the beginning of March, the White House announced the imposition of 25% tariffs on goods from Mexico and Canada and additional 10% tariffs on China. While President Trump granted a one-month tariff delay for automakers and paused the same for certain Mexican and Canadian goods until April 2, he announced in an interview with Fox News that tariffs “could go up” with time.

Since tariffs on Chinese goods weren’t a part of the exemptions, China imposed retaliatory tariffs on the US, particularly targeting US agricultural goods. Specifically, a 10% tariff was imposed on American soybeans, while corn was hit with an additional 15% charge. CNBC reported that China is prepared to fight “any type of war” with the United States. The news channel reported that the Chinese Embassy in the US reported in a post on X:

“If war is what the U.S. wants, be it a tariff war, a trade war, or any other type of war, we’re ready to fight till the end.”

A Chinese foreign ministry spokesperson also labeled the American fentanyl-related explanation for imposing tariffs a “flimsy excuse.”

Could Tariffs Reduce Agriculture Goods Prices for Americans?

On March 4, Landus Cooperative CEO, Matt Carstens, appeared on CNBC’s ‘The Exchange’ to talk about how tariffs could potentially slash the prices of various agricultural products and discuss the long-term benefits of these tariffs on agricultural markets. He said that a significant need to find markets exists for American farmers. Corn makes up about 20% of any given year that the US exports to other countries, while soybean reaches up to as much as 50% of America’s production going to other markets. This creates an interesting dynamic that puts considerable pressure on the ongoing circumstances.

Carstens was of the view that the American farmers hopefully understand that the government is playing the long game here and working on something that would hopefully be significantly profitable for America in the long run. That translates to opportunities for farmers to get the most for commodities, something that they need to a great extent at the present. However, in the short term, we have to deal with these changes in the market.

In other words, Carstens said that the scenario could benefit consumers because the US is flooded with the said agricultural product. Since it is comparatively more expensive to export these products, American consumers get cheaper soybeans and corn, but the farmers potentially lose their export business. There is, thus, a balance that comes into play. The market will certainly see price decreases as export slows and supply increases. However, the farmers are dealing with prices that continue to escalate amid other costs.

Our Methodology

We sifted through stock screeners, financial media reports, and ETFs to compile a list of 30 farmland and agriculture stocks and chose the top 14 most popular stocks among hedge funds. The list is ordered in ascending order of the number of hedge funds as of fiscal Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey’s database.

FMC Corporation (FMC) – “FMC Fumbled! Jim Cramer Says Stay Away After a ‘Terrible Quarter'”

A laboratory technician carefully mixing chemicals in a laboratory.

FMC Corporation (NYSE:FMC)

Number of Hedge Fund Holders: 48

FMC Corporation (NYSE:FMC) is an agricultural sciences company that provides solutions for plant health, crop protection, pest control, agriculture, and turf management. Its brand portfolio includes Rynaxypyr, Cyazypyr, Authority, Boral, Centium, Command, Gamit, Talstar, Hero, Quartzo, and Presence.

The company reported $1.22 billion in revenue in fiscal Q4 2024, reflecting a 7% growth over fiscal Q4 2023. Volume growth, primarily for the company’s growth portfolio, supported this growth. Organic revenue also rose 12% year-over-year, excluding the impact of foreign currencies. On March 24, Analyst Laurence Alexander from Jefferies maintained a Buy rating on FMC Corporation (NYSE:FMC), keeping the price target at $49.00. The analyst said that overall market conditions look favorable, supported by stable demand for fruits and vegetables and benign weather patterns. This stability is anticipated to support FMC Corporation’s (NYSE:FMC) near-term performance.

The analyst also said that the company boasts a robust R&D pipeline and cyclical leverage, which are key growth drivers.

Overall, FMC ranks 2nd on our list of best farmland and agriculture stocks to buy now. While we acknowledge the potential for FMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FMC but 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.

FMC Corporation FMC benefits from efforts to expand its product portfolio through new product launches and its restructuring actions amid headwinds from pricing pressures and de-stocking.FMC’s shares are down 44.8% in a year compared with the Zacks Agriculture – Operations industry’s 20.2% decline.Let’s find out why FMC stock is worth retaining at the moment.

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New Products, Restructuring Actions Aid FMC Stock

FMC remains focused on strengthening its product portfolio. It is investing in technologies as well as new product launches to enhance value to the farmers. New products launched in Europe, North America and Asia are gaining significant traction. Product introductions are expected to support the company’s results this year. The acquisition of BioPhero ApS, a Denmark-based pheromone research and production company, also adds biologically produced state-of-the-art pheromone insect control technology to the company’s product portfolio and R&D pipeline, highlighting FMC's role as a leader in delivering innovative and sustainable crop protection solutions.The company is seeing strong performance of its growth portfolio, including Cyazypyr active and new active ingredients fluindapyr and Isoflex Active, which are generating higher sales. FMC expects Cyazypyr active sales to grow in the low-to-mid-teens from 2025-2027. It also sees fluindapyr sales to be more than $150 million in 2025. Isoflex Active sales are projected to be about $100 million in 2025.FMC is also making progress with its global restructuring and cost-reduction program. It saw benefits from restructuring of $165 million on full-year 2024 adjusted EBITDA, with more than $225 million run rate savings expected by the end of 2025. The benefits of restructuring actions are expected to be reflected in the company's margins in 2025.

De-stocking, Pricing & FX Headwinds Weigh on FMC Stock

FMC faces near-term headwinds from inventory de-stocking. Continued active inventory management is expected to weigh on the company’s volumes. The company is seeing channel de-stocking in India and Latin America. FMC projects revenues for the first quarter to be in the $750-$800 million range, indicating a 16% decrease at the midpoint from the same period in 2024. Volume is expected to fall as customers in various countries continue to cut inventories and retailers and growers make cautious purchases in an environment of low commodity prices.Weaker prices are also likely to weigh on the company’s revenues in 2025. It faced headwinds from weaker prices in the fourth quarter. The pricing headwind is expected to continue in the first quarter of 2025. FMC sees mid-to-high-single digit price decline in the first quarter mainly due to the price adjustments for diamide partner contracts. For full-year 2025, it expects a low-to-mid-single digit price decline. Lower pricing is expected to hurt its sales and margins.The company faces challenges from unfavorable currency translation stemming from a stronger U.S. dollar. It saw a 5% currency headwind on its revenues in the fourth quarter. FMC expects a low to-mid-single-digit headwind on its top line from currency swings in 2025, with significant impacts expected from the Brazilian real, the Turkish lira and the euro.

FMC Corporation Price and ConsensusFMC Corporation Price and Consensus

FMC Corporation price-consensus-chart | FMC Corporation Quote

FMC’s Zacks Rank & Other Key Picks

FMC currently carries a Zacks Rank #3 (Hold).Better-ranked stocks in the Basic Materials space are Ingevity Corporation NGVT, ArcelorMittal S.A. MT and Carpenter Technology Corporation CRS. While NGVT sports a Zacks Rank #1 (Strong Buy), MT and CRS carry a Zacks Rank #2 (Buy), each. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Ingevity’s 2025 earnings is pegged at $4.45, indicating a rise of 26.8% from year-ago levels. The consensus estimate for NGVT’s 2025 earnings has increased by 29% in the past 60 days. The Zacks Consensus Estimate for ArcelorMittal’s 2025 earnings is pegged at $3.87, indicating a rise of 31.2% from year-ago levels. MT beat the consensus estimate in three of the trailing four quarters while it missed once. In this time frame, it has delivered an earnings surprise of roughly 4.1%, on average. The consensus estimate for Carpenter Technology for the current fiscal year stands at $6.95, reflecting a 46.6% year-over-year increase. CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.7%.

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

Zacks Investment Research

We recently published a list of Jim Cramer Nailed These 11 Stock Picks. In this article, we are going to take a look at where FMC Corporation (NYSE:FMC) stands against other stocks that Jim Cramer discusses.

On Thursday, April 3rd, the host of Mad Money opened the most recent show by addressing the growing concerns surrounding the current tariff policies. He questioned the effectiveness of these tariffs as he asked:

“What’s the deal with these heavy-handed tariffs? Look, I’ve never been a dogmatic free trader. I believe in fair trade, a pretty fierce belief just so you know and we can only get that by lowering the boom on our trading partners who rip us off as a matter of policy.”

Cramer explained that while he has always supported the idea of tariffs in principle, especially when they are part of a well-thought-out strategy, he expressed frustration over how the new trade regime is being executed. He said he was taken aback by how poorly the administration was rolling out these changes, which he felt lacked a clear and coherent plan. Cramer then pointed out what James Surowiecki, the author of The Wisdom of Crowds, said about how the White House is calculating tariffs.

“The White House simply took our trade deficit with each country and then divided it by that country’s exports to America. Then they cut that number in half to determine the tariff rate we’d be slapping on the country in question.”

Cramer noted that just hours later, an unnamed official from the White House confirmed this and described it as “the sum of all unfair trade practices, the sum of all cheating.” Cramer called it ill-advised. Later in the day, President Trump made a statement suggesting that he might be open to reducing tariffs if presented with “phenomenal” offers. However, Cramer raised an important question: “Who determines what those offers are, and what do they even mean?” He admitted that he had no clear answer to that question.

“Here’s the bottom line: I wish I could get behind this new tariff regime because I’ve never been a free trader ever. But the White House doesn’t seem to understand what it’s trying to do and the not-really-reciprocal tariffs we got yesterday could do tremendous damage to the US economy, of course including the stock market, without changing the bad behavior of our trading partners. To me, this has become a lose-lose, which is very tough to accept because I wanted tariffs to change things, not to wreck things.”

Our Methodology

For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during Mad Money episodes that aired 1 year ago between April 5 and April 12. We then calculated their performance for the past 12 months, until April 2nd, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.

Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.

Jim Cramer Warns on FMC Corporation (FMC): “That’s a Longfall — Not Interested”FMC Corporation (NYSE:FMC)

Number of Hedge Fund Holders: 48

FMC Corporation (NYSE:FMC) is a crop protection and agricultural sciences company. Cramer was critical of the stock after it delivered disappointing guidance last year, warning viewers about its weakening fundamentals.

“FMC, up 6%. I took it, you know I looked it up, and I see one of the most horrendous shortfalls of the year at the beginning of February when FMC said its first-quarter earnings would be 21 to 43 cents; Wall Street was only looking for a buck a one. Man, that is really a shortfall. Shortfall is actually putting it lightly; that’s a longfall. The stock was at 119 last year; it’s now at 64. I’m not interested.”

FMC stock has collapsed 33% since then, confirming Cramer’s concerns about poor visibility and execution.

Jim Cramer acknowledged FMC Corporation (NYSE:FMC)’s fall in a more recent episode and shared his thoughts on the situation, saying this on the 5th of February:

“There’s a company called FMC. And that’s an agricultural company. It’s an old food machinery company, it’s based in Philadelphia. And the stock is down 35% today because they have inventory problems. Too much of the crop chemicals used for . . . corn, potatoes, and sorghum. I just remind that there are certain industries that are in this economy that are seemed to just, I don’t know we have to stay close to ag. That’s a very very bad number. And I’m kind of shocked because it’s a pretty reliable company. But the ag business maybe not as great as we think judging from the fact that they have a lot of insecticides, herbicides. So, stay close to ag.”

Overall, FMC ranks 4th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of FMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than 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.

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering FMC (FMC), which belongs to the Zacks Agriculture – Operations industry.

This chemical producer has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 26%.

For the last reported quarter, FMC came out with earnings of $1.79 per share versus the Zacks Consensus Estimate of $1.61 per share, representing a surprise of 11.18%. For the previous quarter, the company was expected to post earnings of $0.49 per share and it actually produced earnings of $0.69 per share, delivering a surprise of 40.82%.

Price and EPS Surprise

For FMC, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially 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.

FMC currently has an Earnings ESP of +25%, 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. We expect the company's next earnings report to be released on April 30, 2025.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable 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.

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FMC Corporation (FMC) : Free Stock Analysis Report

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

Zacks Investment Research

Quite a few insiders have dramatically grown their holdings in FMC Corporation (NYSE:FMC) over the past 12 months. An insider's optimism about the company's prospects is a positive sign.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

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

The Last 12 Months Of Insider Transactions At FMC

In the last twelve months, the biggest single purchase by an insider was when CEO & Non-Executive Chairman of the Board Pierre Brondeau bought US$1.9m worth of shares at a price of US$35.90 per share. That means that even when the share price was higher than US$35.44 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Over the last year, we can see that insiders have bought 65.60k shares worth US$2.4m. On the other hand they divested 4.93k shares, for US$294k. In total, FMC insiders bought more than they sold over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Check out our latest analysis for FMC

NYSE:FMC Insider Trading Volume April 7th 2025

Insiders At FMC Have Bought Stock Recently

Over the last three months, we've seen significant insider buying at FMC. Not only was there no selling that we can see, but they collectively bought US$2.4m worth of shares. That shows some optimism about the company's future.

Insider Ownership Of FMC

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.7% of FMC shares, worth about US$30m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At FMC Tell Us?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of FMC we think they are probably pretty confident of a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 4 warning signs (1 makes us a bit uncomfortable!) that you ought to be aware of before buying any shares in FMC.

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

2025 Updated Mineral Resource Estimate for 100% Owned Luanga Project

VANCOUVER, BC, April 3, 2025 /CNW/ – Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), ("Bravo" or the "Company") is pleased to announce that it has filed an independent technical report (the "Technical Report") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") in respect of the updated mineral resource estimate for the Company's 100% owned Luanga palladium + platinum + rhodium + gold + nickel deposit ("Luanga deposit" or "Luanga PGM+Au+Ni deposit"), located in the Carajás Mineral Province, state of Pará, Brazil.

Bravo Mining Corp. logo (CNW Group/Bravo Mining Corp.)

The Technical Report, titled "NI 43-101 Independent Technical Report, Luanga PGM + Au + Ni Project Pará State, Brazil", is dated February 18, 2025, with an issue date of April 2, 2025, and was prepared for the Company by Porfírio Cabaleiro Rodriguez, BSc, FAIG and Bernardo Viana, BSc Geology, FAIG (each of whom is an independent qualified person within the meaning of such term under NI 43-101) of GE21 Consultoria Mineral.

The Technical Report can be found under the Company's issuer profile on SEDAR+ (www.sedarplus.ca) and also on its website (www.bravomining.com).

About Bravo Mining Corp.

In 2025, the Luanga Project was granted a preliminary licence (see news release dated March 3, 2025) for the development of the project. Combined with the recently updated Mineral Resource Estimate which increased both tonnes and grade (see news release dated February 18, 2025), this places Luanga at the forefront of potential future PGM+Au+Ni projects globally, while benefitting from extensive infrastructure, an experienced work force, shallow depths amenable to potential open pit extraction, and in a geopolitically favourable location close to end-user markets.

SOURCE Bravo Mining Corp.

Cision

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FMC Corporation FMC recently entered into a partnership with Bayer to bring Isoflex active herbicide technology to the European Union (EU) and Great Britain. This partnership will also expand FMC's breakthrough weed control technology’s access throughout European markets.

The Herbicide Resistance Action Committee classified Isoflex active as a Group 13 herbicide. It has already received registration in Great Britain in 2024 and is pending EU registration, which is anticipated in 2025.

This herbicide offers European growers a powerful new solution for resistant grass weeds in cereals and other crops. It is expected to provide lasting control of key grass weeds, including those resistant to other herbicides, addressing a critical need in European agriculture. This market expansion will allow FMC access to an estimated 30 million planted hectares of winter cereals, bringing the Isoflex active ingredient to new growers and distributors.

FMC intends to commercialize its own formulations, and both companies will bring products containing Isoflex active to the winter cereals and oilseed rape markets. Under the terms of the agreement, Bayer will submit registrations and commercialize mixtures having Isoflex active and distribute the formulation developed by FMC for use in oilseed rape. The companies will jointly promote the Isoflex active brand. The product launches are anticipated in Great Britain later this year and in the EU in 2027, eventually contributing to food security.

The FMC stock has lost 30.2% over the past year compared with the 8.8% decline in the industry.

Zacks Investment Research

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FMC’s Zacks Rank and Key Picks

FMC currently carries a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the Basic Materials space are Ingevity Corporation NGVT, Axalta Coating Systems AXTA and Carpenter Technology Corporation CRS. While NGVT and AXTA sport a Zacks Rank #1 (Strong Buy) each at present, CRS carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Ingevity’s current-year earnings is pegged at $4.45 per share. NGVT’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 202.9%.

The Zacks Consensus Estimate for Axalta’s current-year earnings is pegged at $2.51 per share. AXTA’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 16.28%.

The Zacks Consensus Estimate for Carpenter Technology’s current fiscal-year earnings is pegged at $6.95 per share. CRS’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 15.7%. Its shares have soared 156.6% in the past year.

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Carpenter Technology Corporation (CRS) : Free Stock Analysis Report

FMC Corporation (FMC) : Free Stock Analysis Report

Axalta Coating Systems Ltd. (AXTA) : Free Stock Analysis Report

Ingevity Corporation (NGVT) : Free Stock Analysis Report

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

Zacks Investment Research

PHILADELPHIA, March 31, 2025 /PRNewswire/ — FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced an agreement with Bayer to commercialize products containing Isoflex™ active in the European Union (EU) and Great Britain. The partnership will expand access to FMC's breakthrough weed control technology, offering European growers a powerful new solution for resistant grass weeds in cereals and other crops.

Isoflex™ active, classified by the Herbicide Resistance Action Committee (HRAC) as a Group 13 herbicide, received registration in Great Britain in 2024. Pending regulatory decisions, EU registration is anticipated in 2025. The novel herbicide provides lasting control of key grass weeds, including those resistant to other herbicides, addressing a critical need in European agriculture.

"This agreement will allow FMC to expand market access in the European Union and Great Britain, which has an estimated 30 million planted hectares of winter cereals, reaching new growers and distributors with our novel Isoflex™ active ingredient," said Ronaldo Pereira, FMC president. "We believe that Isoflex™ active will serve as a vital new rotational tool for European growers looking to control resistant weeds, especially grass weeds."

Under the terms of the agreement, both companies will bring products containing Isoflex™ active to the winter cereals and oilseed rape markets in the European Union and Great Britain. FMC plans to commercialize its own formulations powered by Isoflex™ active in the winter cereals, corn, oilseed rape and potato markets, while Bayer will submit registrations and commercialize mixtures containing Isoflex™ active for use in winter cereals and distribute a formulation developed by FMC for use in oilseed rape. Bayer will jointly promote the Isoflex™ active brand when referencing their mixtures and formulated product brands.

"In the face of climate change and pressure on food systems, farmers need effective tools to control weeds," said Frank Terhorst, executive vice president of strategy and sustainability at Bayer's Crop Science Division. "Herbicides like Isoflex™ active play an important part in that, to eventually contribute to food security. We are happy to make use of synergies with FMC to achieve this goal."

The European launches will build on FMC's successful global rollout of products powered by Isoflex™ active, which have already been registered and commercialized in Argentina, Australia, Brazil, Chile, China, Pakistan, Uruguay and India. Product launches are anticipated in Great Britain later this year and in the EU in 2027, pending regulatory decisions. Products containing Isoflex™ active have exhibited pre-plant, pre-emergence and early post-emergence selectivity in major crops across the globe, including canola, cereals, oilseed rape and pulses.

To learn more about Isoflex™ active, please visit FMC.com/isoflexactive.

About FMC

About Bayer

Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. In line with its mission, "Health for all, Hunger for none," the company's products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2024, the Group employed around 93,000 people and had sales of 46.6 billion euros. R&D expenses amounted to 6.2 billion euros. For more information, go to www.bayer.com.

FMC and Isoflex are trademarks of FMC Corporation and/or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions.

FMC and Bayer collaborate to bring new herbicide technology to European markets.Cision

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SOURCE FMC Corporation

DENVER, CO / ACCESS Newswire / March 31, 2025 / Solitario Resources Corp. ("Solitario") (NYSE American:XPL)(TSX:SLR) is pleased to report President and CEO Chris Herald will provide a live webcast presentation at the Mining Forum Europe on Wednesday, April 2, 2025, at 12:50 pm CEST in Zurich, Switzerland. Mr. Herald plans to review Solitario's 2024 maiden drilling program on its Golden Crest Gold property in South Dakota and its planned 2025 drilling program. An update on its advanced-stage Florida Canyon and Lik high-grade zinc projects will also be presented. To access the live presentation, please register in advance here.

About Solitario

Solitario is a natural resource exploration company focused on high-quality Tier-1 gold and zinc exploration projects. The Company is traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). In addition to its South Dakota property holdings, Solitario holds a 50% joint venture interest (Teck Resources 50%) in the high-grade Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources 61%) in the high-grade Florida Canyon zinc project in Peru. At Florida Canyon, Solitario is carried to production through its joint venture arrangement with Nexa. Solitario's Management and Directors hold approximately 8.7% (excluding options) of the Company's 81.6 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$5.8 million. Additional information about Solitario is available online at www.solitarioresources.com.

Solitario has a long history of committed Environmental, Social and Responsible Governance ("ESG") of its business. We realize ESG issues are also important to investors, employees, and all stakeholders, including the communities in which we work. We are committed to conducting our business in a manner that supports positive environmental and social initiatives and responsible corporate governance. Importantly, we work with joint venture partners that not only value the importance of ESG issues in the conduct of their business on our joint venture projects but are leaders in the industry in this important segment of our business.

For More Information Please Contact:

Chris Herald, President and CEOSolitario Resources Corp.Tel. 303-534-1030 ext. 1

SOURCE: Solitario Resources Corp.

View the original press release on ACCESS Newswire

TORONTO, March 27, 2025 /CNW/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce a second tranche closing of its previously announced non-brokered private placement (the "Offering") of units (the "Units"). For this second tranche, the Company issued an additional 1,364,000 Units at a price of $1.00 per Unit for gross proceeds of $1,364,000. In aggregate, the Company has issued 4,000,000 Units at a price of $1.00 per Unit for total gross proceeds of $4,000,000 – inclusive of the first tranche closing and the second tranche closing.

Each Unit consists of one common share in the capital of Rock Tech (the "Common Shares", with such Common Shares comprising the Units, the "Unit Shares") and one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant", and together with the Units and the Unit Shares, the "Securities"). Each Warrant entitles the holder thereof to purchase one Common Share (a "Warrant Share") at an exercise price of $1.30 per Warrant Share for a period of 36 months following the date of issuance of such Warrant, subject to and in accordance with the terms and conditions of the certificate evidencing such Warrant, including adjustment in certain circumstances.

The Securities offered pursuant to the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws of any state of the United States and accordingly may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. The Unit Shares and Warrant Shares have been conditionally accepted for listing on the TSX-V, which is subject to the final acceptance of the TSX-V.

All dollar amounts in this news release are expressed in Canadian dollars.

On behalf of the Board of Directors, Dirk HarbeckeChairman & CEO

ABOUT ROCK TECHRock Tech's vision is to supply the electric vehicle and battery industry with sustainable, locally produced lithium, targeting a 100% recycling rate. To ensure resilient supply chains, the company plans to build lithium converters at the doorstep of its customers, beginning with the Company's proposed Lithium Hydroxide Converter in Guben, Brandenburg, Germany. The second Converter is planned to be built in Red Rock, Ontario, Canada. Rock Tech Lithium plans to source raw material from its own Georgia Lake spodumene project in the Thunder Bay Mining District of Ontario, Canada, and procure from other ESG-compliant mines. Ultimately, Rock Tech's goal is to create a closed-loop lithium production system. Rock Tech has gathered one of the strongest teams in the industry to close the most pressing gap in the clean mobility story. The Company has adopted strict environmental, social and governance standards and is developing a proprietary refining process to increase efficiency and sustainability further.

CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATIONCertain statements contained in this news release constitute "forward-looking information" under applicable securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, which address events, results, outcomes or developments that the Company expects to occur are forward-looking statements. When used in this news release, words such as "expects", "anticipates", "plans", "predicts", "believes", "estimates", "intends", "targets", "projects", "forecasts", "may", "will", "should", "would", "could" or negative versions thereof and other similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking information pertaining to: the intended use of proceeds from the Offering and allocation thereof; listing of the Unit Shares on the TSX-V, including obtaining the final acceptance of the TSX-V; discussions with strategic and financial investors to explore potential opportunities for investments directly at the project level, including the Company's converter projects in Germany and Canada and the Georgia Lake Project; and Rock Tech's opinions, beliefs and expectations regarding the Company's business strategy, development and exploration opportunities and projects, and plans and objectives of management for the Company's operations and properties. Forward-looking information is based on certain assumptions, estimates, expectations and opinions of the Company and, in certain cases, third party experts, that are believed by management of Rock Tech to be reasonable at the time they were made. Forward-looking information is derived utilizing numerous assumptions regarding, among other things: the satisfaction of the conditions to obtain final acceptance of the TSX-V approval for the listing of the Unit Shares on the TSX-V; the supply and demand for, deliveries of, and the level and volatility of prices of, feedstock and intermediate and final lithium products; that all required regulatory approvals and permits can be obtained on the necessary terms in a timely manner; expected growth, performance and business operations; future commodity prices and exchange rates; prospects, growth opportunities and financing available to the Company; general business and economic conditions; the costs and results of exploration, development and operating activities; Rock Tech's ability to procure supplies and other equipment necessary for its business; and the accuracy and reliability of technical data, forecasts, estimates and studies. The foregoing list is not exhaustive of all assumptions which may have been used in developing the forward-looking information. While Rock Tech considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect and should not be read as a guarantee of future performance or results. Except as may be required by law, Rock Tech undertakes no obligation and expressly disclaims any responsibility, obligation or undertaking to update or to revise any forward-looking information, whether as a result of new information, future events or otherwise, to reflect any change in Rock Tech's expectations or any change in events, conditions or circumstances on which any such information is based. The forward-looking information contained herein is presented for the purposes of assisting readers in understanding Rock Tech's plans, objectives and goals and is not appropriate for any other purposes.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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SOURCE Rock Tech Lithium Inc.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2025/27/c8310.html

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