As the Canadian market navigates a landscape marked by manageable but persistent inflation and potential shifts in interest rates, investors are looking for opportunities that align with these evolving conditions. Penny stocks, often representing smaller or newer companies, offer a unique blend of affordability and growth potential when supported by strong financials. Despite being an outdated term, penny stocks continue to hold relevance for those seeking hidden value in quality investments.

Top 10 Penny Stocks In Canada

Name	Share Price	Market Cap	Financial Health Rating
Westbridge Renewable Energy (TSXV:WEB)	CA$0.63	CA$62.71M	★★★★★★
Montero Mining and Exploration (TSXV:MON)	CA$0.235	CA$2M	★★★★★★
CEMATRIX (TSX:CEMX)	CA$0.325	CA$48.06M	★★★★★★
Fintech Select (TSXV:FTEC)	CA$0.035	CA$2.4M	★★★★★★
Findev (TSXV:FDI)	CA$0.45	CA$12.89M	★★★★★★
Thor Explorations (TSXV:THX)	CA$0.90	CA$605.42M	★★★★★★
Amerigo Resources (TSX:ARG)	CA$2.18	CA$339.13M	★★★★★☆
Pulse Seismic (TSX:PSD)	CA$3.85	CA$187.29M	★★★★★★
Hemisphere Energy (TSXV:HME)	CA$1.93	CA$185.58M	★★★★★★
McChip Resources (TSXV:MCS)	CA$1.40	CA$7.99M	★★★★★★

Click here to see the full list of 429 stocks from our TSX Penny Stocks screener.

Let’s uncover some gems from our specialized screener.

McCoy Global

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

Overview: McCoy Global Inc. supplies equipment and technologies for tubular running operations to improve wellbore integrity and data collection in the energy industry across various global regions, with a market cap of CA$87.26 million.

Operations: The company generates revenue through its Energy Products & Services segment, which reported CA$84.46 million.

Market Cap: CA$87.26M

McCoy Global has demonstrated stable weekly volatility and maintained a debt-free status, which can be appealing for risk-averse investors. Despite experiencing negative earnings growth of 18.3% over the past year, its revenue is forecast to grow by 8.8% annually. The company reported a decline in net income for the second quarter of 2025 compared to the previous year, yet it continues to pay dividends, albeit not fully covered by free cash flows. Its management and board are seasoned with significant experience, adding an element of stability in navigating market challenges within the energy sector.

• Navigate through the intricacies of McCoy Global with our comprehensive balance sheet health report here.

• Explore McCoy Global’s analyst forecasts in our growth report.

TSX:MCB Financial Position Analysis as at Aug 2025Laurion Mineral Exploration

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

Overview: Laurion Mineral Exploration Inc. is involved in the acquisition, exploration, and development of mineral properties in Canada, with a market cap of CA$90.47 million.

Operations: Laurion Mineral Exploration Inc. currently has no reported revenue segments.

Market Cap: CA$90.47M

Laurion Mineral Exploration Inc. is a pre-revenue company with a market cap of CA$90.47 million, focusing on strategic exploration at the Ishkoday Project in Ontario. The recent successful 3D magnetotelluric inversion has enhanced subsurface imaging capabilities, identifying new deep-seated structures crucial for mineralization, thus refining geological models and drill targeting. Despite its unprofitability and negative return on equity (-36.07%), Laurion maintains a stable cash runway exceeding one year without debt concerns. Its experienced board supports a disciplined exploration strategy amid evolving global monetary dynamics favoring gold as a Tier 1 asset under Basel III regulations.

• Take a closer look at Laurion Mineral Exploration’s potential here in our financial health report.

• Gain insights into Laurion Mineral Exploration’s historical outcomes by reviewing our past performance report.

TSXV:LME Financial Position Analysis as at Aug 2025Rock Tech Lithium

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

Overview: Rock Tech Lithium Inc. focuses on the exploration and development of lithium properties, with a market cap of CA$100.53 million.

Operations: Rock Tech Lithium Inc. has not reported any revenue segments.

Market Cap: CA$100.53M

Rock Tech Lithium Inc., with a market cap of CA$100.53 million, is pre-revenue and focuses on lithium exploration and development. The company has secured significant funding from various sources, including EUR 250,000 from Germany’s Federal Ministry for Research to enhance lithium recovery processes at its Guben site. Despite these strategic advancements, Rock Tech remains unprofitable with a negative return on equity (-40.26%) and less than a year of cash runway. Its management team is relatively inexperienced with an average tenure of 1.6 years, though the board is seasoned at 7.6 years average tenure.

• Unlock comprehensive insights into our analysis of Rock Tech Lithium stock in this financial health report.

• Gain insights into Rock Tech Lithium’s future direction by reviewing our growth report.

TSXV:RCK Financial Position Analysis as at Aug 2025Summing It All Up

• Discover the full array of 429 TSX Penny Stocks right here.

• Want To Explore Some Alternatives? Trump’s oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave.

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

Companies discussed in this article include TSX:MCB TSXV:LME and TSXV:RCK.

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

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

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

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

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

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

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

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

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

Investec Commodity Finance Facility Amendment

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

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

Operations

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

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

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

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

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

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

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

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

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

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

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

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

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

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

About Eastern Platinum Limited

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

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

Cautionary Statement Regarding Forward-Looking Information

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

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

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

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

SOURCE Eastern Platinum Ltd.

Cision

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

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

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

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

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

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

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

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

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

About Stillwater Critical Minerals Corp.

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

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

FOR FURTHER INFORMATION, PLEASE CONTACT:

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

Forward-Looking Statements

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

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

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

SOURCE: Stillwater Critical Minerals

View the original press release on ACCESS Newswire

• After having received funding from EIT Raw Materials, a body of the European Union, the Federal Ministry for Research, Technology and Space has selected Rock Tech for funding in the lithium field.

• Rock Tech will collaborate with research partners from RWTH Aachen University (Rheinisch-Westfälische Technische Hochschule Aachen), one of Europe's leading technical universities, especially renowned for its strong competencies in engineering and applied sciences.

TORONTO, Aug. 12, 2025 /CNW/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce that it has been awarded funding from the Bundesministerium für Forschung, Technologie und Raumfahrt (Federal Ministry for Research, Technology and Space) for the project "ELiSePro – Efficient Lithium Recovery Using Selective Processes". The aim of this initiative is to further increase lithium yield in our converter process at the Guben site, making a significant contribution to Germany's raw material independence.

Rock Tech Lithium Logo (CNW Group/Rock Tech Lithium Inc.)

The project will be implemented in collaboration with RWTH Aachen University, highlighting the strong partnership between industry and leading academic research in Germany. The total funding amount is approximately 250,000 Euros.

As part of the project, various state-of-the-art ion separation methods (including nanofiltration, capacitive deionization, and lithium-ion sieves) will be systematically compared to minimize lithium losses in the process. The results will be evaluated based on economic and technological criteria and are intended for direct industrial application in our Guben converter in order to increase our recovery. Innovative findings will also be published in scientific journals and be patented.

"This funding supports the technological advancement of the German and European battery industry – and even it's a relatively small amount, it's an important step towards building additional know-how for strengthening security of supply for critical raw materials and building sustainable value chains in Europe" says Mirco Wojnarowicz, CEO of Rock Tech.

In the past few months, Rock Tech has received funding from several public sources, to become a technological leader in lithium processing. This new funding underlines the strategic relevance of Rock Tech and its projects in Canada and Germany, the latter one of which was selected as strategic project under the EU Critical Raw Materials Act (CRMA). After having granted funding from EIT RawMaterials under the prestigious KAVA (Knowledge and Innovation Activities) grant program (800,000 Euros) as well as from Ontario's Critical Minerals Innovation Fund (CMIF) to advance lithium ore sorting technologies (388,000 CAD), this new funding is the third program to position Rock Tech as strategic relevant player in the lithium industry.

On behalf of the Company,Mirco WojnarowiczCEO

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, 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.

Rock Tech Lithium Inc, 2700-40 Temperance Street, Toronto ON M5H 0B4 CAN.

CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATION Certain 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 press release contains forward-looking information pertaining to expectations concerning the Guben Converter, including the design and features of the Guben Converter, as well as the expected costs, capital expenditures, timing and outcomes thereof; statements regarding the Company's future plans, estimates, and schedules relating to the Guben Converter, including the anticipated timing of future activities taken in support of the development thereof; Rock Tech's potential financing arrangements; the expected funding from the Federal Ministry of Research, Technology and Space for the project ELiSePro as well as from EIT RawMaterials under the KAVA program and the CMIF, the expected economic performance of the Guben Converter and anticipated production of battery-grade Lithium Hydroxide and related processing methods and innovation employed; the estimated capital and operating costs of the Guben Converter; the anticipated timing and outcomes of a final investment decision, construction activities and commissioning of the Guben Converter; statements regarding the Company's sustainability and ESG related goals and strategy, including the benefits and achievement thereof and future actions taken by the Company in relation thereto; expected regulatory processes and final outcomes; expectations regarding the electric vehicle industry, including the demand for and pricing of battery-grade Lithium Hydroxide and the benefits therefrom, and the development of political and regulatory frameworks especially in Germany and the European Union; 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 statements by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from the forward-looking statements, including the risks, uncertainties and other factors discussed in the Company's most recent management's discussion and analysis and annual information form filed with the applicable securities regulators. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, and the Company cautions the reader not to place undue reliance upon any such forward-looking statements. The Company does not intend, nor does it assume any obligation to update or revise any of the forward-looking statements, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.

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.

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/rock-tech-receives-further-research-funding-from-german-government-302527578.html

SOURCE Rock Tech Lithium Inc.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2025/12/c6571.html

–Niobium and rare earth element targets to be tested in underexplored carbonatite system

VANCOUVER, BC / ACCESS Newswire / August 12, 2025 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9) ("Apex" or the "Company"), a Canadian mineral exploration company focused on strategic critical metals, is pleased to provide an update on its 2025 diamond drill program at its 100%-owned Cap Critical Minerals Project in central British Columbia.

The Cap Project, covering approximately 2,500 hectares, is host to carbonatite-hosted niobium and rare earth element (REE) mineralization, situated 85 km northeast of Prince George, BC. The 2025 exploration program will comprise up to 1,500 metres of diamond drilling and is fully funded and permitted under a five-year Multi-Year Area-Based (MYAB) permit.

Sean Charland, CEO of Apex, remarked, "As drilling continues, we are encouraged with the initial mineral observations by our geological team by what we've now identified within drill core samples, based on visual observations and portable XRF results, as mineralized carbonatite at our Cap project."

To date, four drill holes (CAP25-005, 006, 007 and 008) have been completed, for a total of 1,097 m, near the eastern extremity of the coincident soil geochemical and geophysical anomaly identified in prior exploration (see Figure 4). All drill holes intersected various intervals of carbonatite, fenite, and/or syenite that range from a few metres to more than 300-m drilled thickness (i.e., core length). The Company has yet to determine the true thickness and orientation of the carbonatite body, though it is now postulated that the carbonatite is near vertical in orientation.

Through geological logging of drill core, and supported by spot portable XRF readings, visible pyrochlore (Nb mineral) (see Figures 1 and 2) and rare earth minerals (see Figure 3) have been noted within various phases of the carbonatite. The Company cautions that the presence of carbonatite and identification of mineralization in drill core is based on visual mineral identification and spot portable XRF readings only and, therefore, until laboratory geochemical assays are received on core samples, there can be no confirmed determination as to the presence of niobium and/or rare earth element bearing minerals.

The first batch of samples from CAP25-005 and CAP25-006 have been processed and shipped to Activation Laboratories Ltd. preparation facility located in Kamloops, British Columbia with the geological team continuing to process the remaining core onsite. Core assays results are expected to be received over the next several weeks and continue into the fall.

Figure 1. Abundant, nuggety pyrochlore mineralization at 38 m to 41 m depth in CAP25-006 as indicated based on visual identification and portable XRF readings.

Figure 2. Coarse grained pyrochlore at ~68 m depth in CAP25-006 as indicated based on visual identification and portable XRF readings.

Figure 3. Abundant visible rare earth fluorocarbons with carbonatite/fenite at ~184 m depth in CAP25-007, as indicated based on visual identification and portable XRF readings.

Figure 4: Map showing approximate location of drillholes CAP25-005, 006, 007 and 008 relative to 2024 surface samples and historical drillholes

A summary of planned orientations, depths and visually logged lithologies from the completed drillholes is provided in Table 1.

Table 1: Summary of Completed Drillholes and Logged Lithologies*

*Lithologies are based on preliminary geological logging and visual identification only. No laboratory assays have yet been received to confirm the presence of niobium and/or rare earth element bearing minerals in relation to the logged lithologies.

Sampling, Analytical Methods and QA/QC ProtocolsAll drilling was completed using a helicopter supported diamond drill rig with NQ size core and all drill core samples have been or will be shipped to Activation Laboratories Ltd. preparation facility in Kamloops, British Columbia, for standard sample preparation (code RX1) which includes drying, crush (< 7 kg) up to 80% passing 2 mm, riffle split (250 g) and pulverize (mild steel) to 95% passing 105 µm. The samples will be subsequently analyzed using Code 8 by XRF Nb₂O₅, ZrO2 and Ta2O5 (0.003%), Code 8 – REE Assay (lithium metaborate/tetraborate fusion with subsequent analysis by ICP and ICP/MS), and 1A2 Au by Fire Assay. Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box onsite.

A Quality Assurance/Quality Control protocol was incorporated into the program and included the insertion of certified reference material at and silica blanks at a rate of approximately 5 % and 5 %, respectively.

Qualified PersonThe technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo. (EGBC Licence 48336), Geologist for Dahrouge Geological Consulting Ltd. (EGBC Permit to Practice 1003035), and a Qualified Person under NI 43-101 on standards of disclosure for mineral projects.

Mr. Schmidt has verified all scientific and technical data disclosed in this news release including the sampling and QA/QC results, and certified analytical data underlying the technical information disclosed. Mr. Schmidt noted no errors or omissions during the data verification process. The Company and Mr. Schmidt do not recognize any factors of sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed in this news release.

About Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9)Apex Critical Metals Corp. is a Canadian exploration company specializing in the acquisition and development of properties prospective for carbonatites and alkaline rocks with potential to host economic concentrations of rare earth elements (REE's), niobium, gold and copper mineralization. Apex's Cap Property located 85 kilometres northeast of Prince George, B.C., spans 25 square kilometres and hosts a recently identified promising 1.8-kilometre niobium in soil trend. The Company's Bianco carbonatite Project encompasses 3,735 hectares covering a large carbonatite complex within an area known for significant niobium mineralization in northwestern Ontario. The Lac Le Moyne Project covers approximately 4,025 hectares and is situated several kilometers to the northwest of Commerce Resources Corp.'s Eldor Carbonatite Complex located in Quebec, Canada.

Carbonatites are extremely rare rock types, with fewer than 600 known worldwide. They are host to rare earth element ("REE") minerals, niobium, tantalum and phosphate, as well as copper and gold. Carbonatites are host to the world's largest and most productive niobium deposits, including Araxa and Catalão in Brazil, and Niobec in Quebec. In addition, they are the primary source of REEs, including Mountain Pass in California, Mount Weld in Australia, and Bayan Obo in China. They are also important sources of phosphate (apatite), including Cargill, Ontario, while the Palabora mine in South Africa has produced copper, nickel, gold, magnetite, and vermiculite. Other carbonatites are known to have produced gold, iron, zirconium, fluorite, and other industrial minerals.

By acquiring a variety of carbonatite projects, Apex intends to investigate potential high-value opportunities to meet the growing global demand of specialty metals across various industries. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and to sign up for free news alerts please go to https://apexcriticalmetals.com/news/news-alerts/, or follow us on X (formerly Twitter), Facebook or LinkedIn.

On Behalf of the Board of Directors

APEX CRITICAL METALS CORP.,Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.com

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

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include statements with respect to the start of the Company's anticipated drilling program and the Company's intention to further investigate high-value opportunities on its properties for specialty metals. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: that we may not be able to fully finance any additional exploration on the Company's properties; that even if we are able raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Apex Critical Metals Corp.

View the original press release on ACCESS Newswire

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

VANCOUVER, BC / ACCESS Newswire / August 8, 2025 / Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G), (the "Company", or "Stillwater") is pleased to announce that as a result of increased demand, the follow-on non-brokered private placement financing previously announced on July 15, 2025 and upsized on July 28, 2025 will be further upsized by an additional 210,038 units at a price of C$0.23 per unit (each, a "Unit") for gross proceeds of an additional C$43,308.74, and an aggregate total of 1,856,418 Units for aggregate gross proceeds of C$426,976.14(the "Additional Offering"), with each Unit consisting of one common share of the Company and one-half of one common share purchase warrant, and each whole warrant entitling the holder thereof to purchase one common share at a price of C$0.34 for a period of thirty-six (36) months from the date of issuance.

The Additional Offering follows the closing of the C$7 million brokered LIFE offering (the "LIFE Offering"), which was announced on July 15, 2025, and is anticipated to include directors and/or officers of the Company, among others. The Additional Offering is expected to complete concurrently with the Glencore Offering (as defined below).

Glencore Canada Corporation ("Glencore"), a subsidiary of Glencore plc, has indicated that it intends to exercise its participation rights pursuant to the investor rights agreement between Glencore and the Company dated May 1, 2024, to acquire 6,000,000Units at a price of C$0.23 per Unit for gross proceeds of C$1,380,000 in connection with the LIFE Offering and the Additional Offering (the "Glencore Offering" and together with the Additional Offering, the "Offerings").

It is anticipated that certain directors and/or officers of the Company will acquire Units under the Additional Offering. Such acquisitions and Glencore's exercise of its participation rights and acquisition of Units will constitute "related party transactions" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the Offerings due to the fair market value of the related party participation being below 25% of the Company's market capitalization for purposes of MI 61-101. The Company will file a material change report in respect of the Offerings. However, the material change report will be filed less than 21 days prior to the closing of the Offerings, as insider participation has yet to be confirmed and the Company wishes to close the Offerings as expeditiously as possible.

The securities sold pursuant to the Offerings will not be issued in reliance on the Listed Issuer Financing Exemption and will be subject to a hold period of four months and one day from the closing of such offering. No finders' fees are payable on any portion of the Offerings. Closing of the Offerings is subject to certain customary conditions, including, but not limited to, the receipt of all necessary regulatory approvals and the acceptance of the TSX Venture Exchange (the "TSXV").

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

The Offerings are scheduled to close on or around August 12, 2025 and remains subject to the final acceptance of the TSXV.

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

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

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

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

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

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

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

SOURCE: Stillwater Critical Minerals

View the original press release on ACCESS Newswire

Vancouver, British Columbia–(Newsfile Corp. – August 7, 2025) – Sego Resources Inc., (TSXV: SGZ) ("Sego" or "the Company") is pleased to announce that it has received conditional approval from the TSX Venture Exchange for closing of the first tranche of the financing announced on July 8, 2025. On closing, Sego will issue 10,300,000 units at $0.02 per unit for gross proceeds of $206,000.

Each unit of the financing will consist of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase an additional common share at $0.05 for three years from the closing date. The securities issued on closing are subject to the applicable statutory four-month and one-day hold period ending December 08, 2025.

The proceeds will be used for general working capital. The Company fully expects to spend the funds as stated, however, there may be circumstances, for sound business reasons, where a reallocation of funds may be necessary.

Finder's fees will be payable on a portion of the private placement and will consist of 7% cash.

An individual, Barry Mensing will receive a $7,000.00 Finder's Fee.

The total offering will continue with up to 20,000,000 flow-through units ("FTU") at $0.025 per unit for gross proceeds of up to $500,000 and up to 10,000,000 non-flow-through units ("NFTU") at $0.02 per unit. The flow-through units and non-flow-through units may vary in totals depending on demand. The total of the financing is expected to be $700,000.

Each FTU will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at $0.05 for two years from closing of the private placement. Each NFTU will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at $0.05 for three years from the closing of the private placement.

The placement may close in several tranches and insiders may participate in the private placement. The flow-through proceeds will be expended on continued exploration on the Company's Miner Mountain Copper-Gold Alkalic Porphyry project and South Gold Zone, near Princeton, BC. The non-flow-through proceeds will be used for working capital and general corporate purposes.

There is no material change about the Company that has not been generally disclosed.

For further information please contact:

J. Paul Stevenson, CEO (604) 682-2933

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. No regulatory authority has approved or disapproved the information contained in this news release.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261719

Arafura Rare Earths Ltd (OTCMKTS:ARAFF) is one of the best rare earth stocks to buy now. On July 29, the company confirmed it continues to advance its equity funding strategy for Nolans project. The project has already entered into an appraisal phase for potential equity investment from the German Raw Materials Fund.

Pixabay/Public Domain

Arafura is seeking up to €100 million (A$175 million) in funding tied to the supply from Nolans project. An active sales and marketing program is already underway in Germany as the company targets several prospective off-take partners to support funding under the German Raw Materials Fund.

“As rare earths enter a new era of growth, establishing new sectors requires equitable risk sharing between government and industry through direct investment and offtake. We are encouraged by the proactive stance of governments globally. Earlier this month, Germany’s Interministerial Committee referred our Nolans Project to the German Raw Materials Fund (GRMF) for appraisal. We’re excited by the prospect of GRMF’s investment and opportunity to partner with them as a cornerstone investor. Our confidence in securing our equity investment target remains high, given the substantial progress we’re making with all our potential cornerstone investors,” Arafura’s Managing Director Darryl Cuzzubbo said.

The company aims to capitalize on the intensifying geopolitical focus on rare earths. That’s why it is strengthening the strategic position of Nolans projects as a leading construction-ready project. The company exited June with A$27 million in cash.

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

READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Organic Food and Farming Stocks to Buy Now.

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

(Reuters) -The Australian government said on Thursday it will invest A$50 million ($32.5 million) in Liontown Resources to help ramp up operations and transition to underground mining at its flagship Kathleen Valley project, in a bid to boost domestic minerals supply.

The investment, which will be undertaken through the A$15 billion National Reconstruction Fund Corporation, underscores Prime Minister Anthony Albanese's efforts to back critical mineral projects and boost domestic manufacturing.

"Lithium is a critical mineral that is central to both decarbonisation efforts and the government's Future Made in Australia strategy," NRFC CEO David Gall said.

"Australia is well-positioned to be a competitive, long-term supplier of lithium to the rest of the world and local lithium production is important to the nation's economic security and resilience."

In January, NRFC invested A$200 million in Arafura Rare Earths to develop a new mine and processing facility at its Nolans project in central Australia.

Kathleen Valley has a multi-decade mine life and will produce 500,000 tonnes of spodumene concentrate per annum with potential for expansion, according to NRFC.

Liontown is a key lithium supplier to Tesla, Ford and LG Energy Solution.

The government's investment is part of Liontown's A$266 million institutional capital raise, priced at A$0.73 per share. Its shares were last trading at A$0.845 before being halted on Thursday pending the announcement.

The miner will use also the capital to shore up its balance sheet.

Australian billionaire Gina Rinehart's Hancock Prospecting is Liontown's top shareholder, with an 18% stake, as per LSEG data. Media reports indicate Hancock will not take part in the placement, which would dilute its stake.

Hancock declined to comment, while Liontown did not respond to a Reuters email seeking comment.

($1 = 1.5378 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru; Editing by Sonia Cheema)

Have you assessed how the international operations of FMC (FMC) performed in the quarter ended June 2025? For this chemical producer, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.

In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investors, understanding a company's reliance on overseas markets has become increasingly crucial, as it offers insights into the company's sustainability of earnings, ability to tap into diverse economic cycles and overall growth potential.

Being present in foreign markets serves as protection against local economic declines and helps benefit from more rapidly expanding economies. Yet, such expansion also introduces challenges related to currency fluctuations, geopolitical uncertainties and varied market behaviors.

Our review of FMC's last quarterly performance uncovered some notable trends in the revenue contributions from its international markets, which are commonly analyzed and tracked by Wall Street experts.

The company's total revenue for the quarter amounted to $1.05 billion, marking an increase of 1.2% from the year-ago quarter. We will next turn our attention to dissecting FMC's international revenue to get a clearer picture of how significant its operations are outside its main base.

Exploring FMC's International Revenue Patterns

Latin America generated $310 million in revenues for the company in the last quarter, constituting 29.5% of the total. This represented a surprise of +4.69% compared to the $296.12 million projected by Wall Street analysts. Comparatively, in the previous quarter, Latin America accounted for $206.8 million (26.1%), and in the year-ago quarter, it contributed $307.2 million (29.6%) to the total revenue.

Asia accounted for 15.1% of the company's total revenue during the quarter, translating to $159 million. Revenues from this region represented a surprise of -2.88%, with Wall Street analysts collectively expecting $163.72 million. When compared to the preceding quarter and the same quarter in the previous year, Asia contributed $125.4 million (15.9%) and $191.2 million (18.4%) to the total revenue, respectively.

Of the total revenue, $260 million came from Europe/Middle East/Africa during the last fiscal quarter, accounting for 24.8%. This represented a surprise of +16.29% as analysts had expected the region to contribute $223.58 million to the total revenue. In comparison, the region contributed $272.8 million, or 34.5%, and $201.2 million, or 19.4%, to total revenue in the previous and year-ago quarters, respectively.

Revenue Forecasts for the International Markets

Wall Street analysts expect FMC to report a total revenue of $1.05 billion in the current fiscal quarter, which suggests a decline of 1.4% from the prior-year quarter. Revenue shares from Latin America, Asia and Europe/Middle East/Africa are predicted to be 49.1%, 16%, and 15%, corresponding to amounts of $515.43 million, $167.97 million, and $157.2 million, respectively.

For the full year, a total revenue of $4.16 billion is expected for the company, reflecting a decline of 2% from the year before. The revenues from Latin America, Asia and Europe/Middle East/Africa are expected to make up 36%, 17.9%, and 20.8% of this total, corresponding to $1.5 billion, $744.84 million, and $867.53 million, respectively.

In Conclusion

Relying on international markets for revenues, FMC faces both prospects and perils. Thus, tracking the company's international revenue trends is essential for accurately projecting its future trajectory.

In an environment where global interconnections and geopolitical skirmishes are intensifying, Wall Street analysts keep a keen eye on these trends, particularly for firms with overseas operations, to adjust their earnings predictions. Moreover, a range of other aspects, including how a company fares in its home country, significantly affects these projections.

Emphasizing a company's shifting earnings prospects is a key aspect of our approach at Zacks, especially since research has proven its substantial influence on a stock's price in the short run. This correlation is positively aligned, meaning that improved earnings projections tend to boost the stock's price.

Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks.

FMC currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

A Review of FMC's Recent Stock Market Performance

Over the preceding four weeks, the stock's value has diminished by 14.1%, against an upturn of 0.6% in the Zacks S&P 500 composite. In parallel, the Zacks Consumer Staples sector, which counts FMC among its entities, has depreciated by 3.9%. Over the past three months, the company's shares have seen an increase of 3.3% versus the S&P 500's 11.7% increase. The sector overall has witnessed a decline of 2.4% over the same period.

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

FMC Corporation (FMC) : Free Stock Analysis Report

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

Zacks Investment Research

We came across a bullish thesis on Sociedad Química y Minera de Chile S.A. on ARX Global’s Substack. In this article, we will summarize the bulls’ thesis on SQM. Sociedad Química y Minera de Chile S.A.'s share was trading at $35.80 as of August 1st. SQM’s trailing and forward P/E were 16.97 and 20.45 respectively according to Yahoo Finance.

A laboratory technician pouring a specialty blend of industrial chemicals into a beaker. Sociedad Química y Minera de Chile (SQM), one of the world’s largest lithium producers, is strategically positioned to benefit from structural demand growth driven by electric vehicles (EVs), energy storage systems (ESS), and the energy transition. SQM operates unique low-cost assets, including the lithium-rich Salar de Atacama and the nitrate- and iodine-rich El Norte Grande, enabling strong margins across lithium, specialty plant nutrients (SPN), and iodine. Lithium remains the core driver, accounting for 43% of 2024 profits, supported by global consumption growth from under 500kt in 2022 to over 1,000kt in 2024, with projections reaching 3Mt by 2030. Although lithium prices collapsed nearly 90% from the $80k/t peak during the 2021–2022 frenzy to $8k/t currently due to oversupply, this level is below the marginal cost for most producers and unsustainable. Prices must normalize to incentivize greenfield projects required to meet future demand, with new supply needing $15k–$25k/t to be viable. SQM’s ability to withstand lower prices is enhanced by diversification; SPN and iodine, which together contribute over 50% of profits, offer steady cash flow and downside protection. Iodine prices remain near record highs due to tight supply, while SPN profitability is stabilizing post-war volatility. Long-term lithium demand is underpinned by EV adoption, improving battery technology, and rising ESS needs, with AI-driven power requirements adding further tailwinds. While near-term risks include slower EV demand in China and potential efficiency gains from direct lithium extraction (DLE), these are unlikely to alter the structural growth trajectory. With a recovery in lithium prices likely and SQM trading below intrinsic value, the stock offers an attractive entry point with meaningful upside potential. Previously, we covered a bullish thesis on Eastman Chemical Company (EMN) by Necessary-Damage5658 in November 2024, which highlighted the company’s attractive valuation with trailing and forward P/E multiples of 13.55 and 11.32, respectively. The company’s stock price has depreciated by approximately 41% since our coverage. This is because the thesis didn’t play out amid broader market headwinds. The thesis still stands as structural tailwinds support long-term growth. ARX Global shares a similar view but emphasizes export control-driven advantages and compliance-led market share gains. Sociedad Química y Minera de Chile S.A. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 14 hedge fund portfolios held SQM at the end of the first quarter which was 10 in the previous quarter. While we acknowledge the potential of SQM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.Disclosure: None. 

FMC (NYSE:FMC) Second Quarter 2025 ResultsKey Financial Results

• Revenue: US$1.05b (up 1.2% from 2Q 2024).

• Net income: US$43.3m (down 85% from 2Q 2024).

• Profit margin: 4.1% (down from 29% in 2Q 2024). The decrease in margin was driven by higher expenses.

• EPS: US$0.35 (down from US$2.38 in 2Q 2024).

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

NYSE:FMC Earnings and Revenue Growth August 2nd 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

FMC Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) missed analyst estimates by 9.2%.

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are down 12% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for FMC (2 can't be ignored!) that you should be aware of.

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.

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

So, the natural question for Bravo Mining (CVE:BRVO) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. First, we'll determine its cash runway by comparing its cash burn with its cash reserves.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

When Might Bravo Mining Run Out Of Money?

A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. As at March 2025, Bravo Mining had cash of US$22m and no debt. In the last year, its cash burn was US$7.7m. So it had a cash runway of about 2.9 years from March 2025. Arguably, that's a prudent and sensible length of runway to have. The image below shows how its cash balance has been changing over the last few years.

TSXV:BRVO Debt to Equity History August 2nd 2025

View our latest analysis for Bravo Mining

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

Because Bravo Mining isn't currently generating revenue, we consider it an early-stage business. So while we can't look to sales to understand growth, we can look at how the cash burn is changing to understand how expenditure is trending over time. While it hardly paints a picture of imminent growth, the fact that it has reduced its cash burn by 46% over the last year suggests some degree of prudence. While the past is always worth studying, it is the future that matters most of all. For that reason, it makes a lot of sense to take a look at our analyst forecasts for the company.

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

While Bravo Mining is showing a solid reduction in its cash burn, it's still worth considering how easily it could raise more cash, even just to fuel faster growth. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. One of the main advantages held by publicly listed companies is that they can sell shares to investors to raise cash and fund growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn.

Bravo Mining has a market capitalisation of US$240m and burnt through US$7.7m last year, which is 3.2% of the company's market value. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan.

How Risky Is Bravo Mining's Cash Burn Situation?

As you can probably tell by now, we're not too worried about Bravo Mining's cash burn. In particular, we think its cash runway stands out as evidence that the company is well on top of its spending. And even its cash burn reduction was very encouraging. After considering a range of factors in this article, we're pretty relaxed about its cash burn, since the company seems to be in a good position to continue to fund its growth. Taking a deeper dive, we've spotted 4 warning signs for Bravo Mining you should be aware of, and 3 of them are concerning.

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

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

Investors interested in Agriculture – Operations stocks are likely familiar with FMC (FMC) and Corteva, Inc. (CTVA). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Right now, FMC is sporting a Zacks Rank of #2 (Buy), while Corteva, Inc. has a Zacks Rank of #3 (Hold). This means that FMC's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one piece of the puzzle for value investors.

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

FMC currently has a forward P/E ratio of 11.66, while CTVA has a forward P/E of 24.03. We also note that FMC has a PEG ratio of 1.26. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. CTVA currently has a PEG ratio of 1.74.

Another notable valuation metric for FMC is its P/B ratio of 1.1. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, CTVA has a P/B of 2.01.

These are just a few of the metrics contributing to FMC's Value grade of B and CTVA's Value grade of D.

FMC has seen stronger estimate revision activity and sports more attractive valuation metrics than CTVA, so it seems like value investors will conclude that FMC is the superior option right now.

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

FMC Corporation (FMC) : Free Stock Analysis Report

Corteva, Inc. (CTVA) : Free Stock Analysis Report

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

Zacks Investment Research

The board of FMC Corporation (NYSE:FMC) has announced that it will pay a dividend of $0.58 per share on the 16th of October. The dividend yield will be 5.9% based on this payment which is still above the industry average.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

FMC's Future Dividend Projections Appear Well Covered By Earnings

We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Before this announcement, FMC was paying out 113% of what it was earning, and not generating any free cash flows either. Paying out such a large dividend compared to earnings while also not generating any free cash flow would definitely be difficult to keep up.

According to analysts, EPS should be several times higher next year. If the dividend continues along recent trends, we estimate the payout ratio will be 59%, which would make us comfortable with the dividend's sustainability, despite the levels currently being elevated.

NYSE:FMC Historic Dividend August 1st 2025

Check out our latest analysis for FMC

FMC Has A Solid Track Record

The company has a sustained record of paying dividends with very little fluctuation. The annual payment during the last 10 years was $0.60 in 2015, and the most recent fiscal year payment was $2.32. This works out to be a compound annual growth rate (CAGR) of approximately 14% a year over that time. It is good to see that there has been strong dividend growth, and that there haven't been any cuts for a long time.

The Dividend Has Limited Growth Potential

Investors could be attracted to the stock based on the quality of its payment history. Unfortunately things aren't as good as they seem. Earnings per share has been sinking by 25% over the last five years. Dividend payments are likely to come under some pressure unless EPS can pull out of the nosedive it is in. However, the next year is actually looking up, with earnings set to rise. We would just wait until it becomes a pattern before getting too excited.

FMC's Dividend Doesn't Look Sustainable

Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. Although they have been consistent in the past, we think the payments are a little high to be sustained. This company is not in the top tier of income providing stocks.

Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Just as an example, we've come across 3 warning signs for FMC you should be aware of, and 2 of them shouldn't be ignored. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks.

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.

• Revenue Growth: Second quarter sales increased by 1% year-over-year, driven by a 6% volume growth.

• Adjusted EBITDA: $207 million, a 2% increase from the prior year.

• Adjusted Earnings Per Share (EPS): $0.69, $0.10 higher than the previous year.

• Price Impact: Prices decreased by 3%, with over half of the decline due to pricing adjustments to diamide partners.

• FX Impact: A mild headwind of 1% on revenue growth.

• Regional Performance: Strongest growth in EMEA; slight revenue increase in Latin America; 5% sales decline in North America; decrease in Asia due to India.

• Interest Expense: $61 million, down over $2 million compared to the prior year.

• Effective Tax Rate: 14% for the second quarter.

• Free Cash Flow: $40 million in the second quarter, $241 million lower than the prior year period.

• Debt Levels: Gross debt approximately $4.2 billion; net debt approximately $3.7 billion.

• Leverage Ratios: Gross debt to EBITDA at 4.8 times; net debt to EBITDA at 4.3 times.

• Full Year Guidance: Revenue excluding India expected to be down 2%; adjusted EBITDA expected to be 1% higher; adjusted EPS expected to be flat at the midpoint.

• Warning! GuruFocus has detected 7 Warning Signs with FMC.

Release Date: July 31, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

• FMC Corp (NYSE:FMC) achieved second quarter results at the higher end of expectations, with EBITDA and EPS slightly exceeding guidance.

• The company reported a 6% volume growth in sales, indicating strong demand for its products.

• FMC Corp (NYSE:FMC) has successfully normalized product levels in distribution channels, setting a solid foundation for future growth.

• The company has received registration for fluindapyr herbicide containing Isoflex active in Great Britain, with sales anticipated to begin in August.

• FMC Corp (NYSE:FMC) is implementing a new direct sales route in Brazil, targeting large corn and soybean growers, which is expected to show results starting in the third quarter.

Negative Points

• FMC Corp (NYSE:FMC) faced a 3% decline in pricing during the second quarter, partly due to pricing adjustments with diamide partners.

• The company is experiencing ongoing challenges in India, including a fragmented distribution channel and intense generic competition.

• FMC Corp (NYSE:FMC) has decided to divest its commercial business in India due to limited EBITDA generation and substantial working capital requirements.

• The company anticipates a mid-single-digit price decline and flat to low single-digit FX headwinds for the full year, impacting revenue.

• Free cash flow for the second quarter was significantly lower than the prior year, primarily due to the absence of a significant inventory reduction seen previously.

Q & A Highlights

Q: Pierre, you mentioned this quarter as an inflection point. Can you elaborate on the growth expectations for 2026 and 2027, and remind us of the 2027 targets? A: Our targets for 2026 and 2027 remain unchanged, aiming for an EBITDA of $1.2 billion in 2027. Growth will be driven by our growth portfolio, including branded Cyazypyr and new active ingredients like fluindapyr and Isoflex. We also expect Rynaxypyr to contribute positively due to lower manufacturing costs and a more competitive strategy against generics.

Q: Can you break down the cost savings for Q2 and what to expect in the second half? A: The cost savings in Q2 were primarily driven by lower raw material costs, improved fixed cost absorption, and restructuring actions. These factors will continue to contribute to cost tailwinds in Q3 and Q4, with Q3 seeing a stronger impact due to better fixed cost absorption.

Q: Regarding the India business divestment, can you provide details on its financial impact and the sale process? A: We have not officially started marketing the India business, but preparations are underway. In H2 2024, India contributed $140 million in sales, and we forecast $70 million for H2 2025. The divestment will allow us to focus on a business-to-business model in India, supplying products with FMC-owned registrations and favorable manufacturing costs.

Q: How is the order book shaping up for Brazil, and what is the current farmer economic situation there? A: We have secured 35% to 40% of the orders needed for the second half in Brazil, which is higher than in previous years. Farmer economics are stable, with strong corn harvests and expected planting for the next season. Margins are tighter but not affecting planting decisions.

Q: What is the expected impact of the new direct sales program in Brazil, and how long will the diamide partner pricing headwinds last? A: The new direct sales program in Brazil is expected to show results in Q3, with growth continuing in subsequent years. The significant pricing adjustments with diamide partners have mostly occurred, and future adjustments will be minor, leading to more stable pricing.

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

This article first appeared on GuruFocus.

FMC (FMC) reported $1.05 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 1.2%. EPS of $0.69 for the same period compares to $0.63 a year ago.

The reported revenue represents a surprise of +8.82% over the Zacks Consensus Estimate of $965.4 million. With the consensus EPS estimate being $0.59, the EPS surprise was +16.95%.

While investors closely watch year-over-year changes in headline numbers — revenue and earnings — and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how FMC performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Geographic Revenue- Latin America: $310 million versus $296.12 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.

• Geographic Revenue- Europe, Middle East and Africa (EMEA): $260 million compared to the $223.58 million average estimate based on two analysts. The reported number represents a change of +29.2% year over year.

• Geographic Revenue- Asia: $159 million versus the two-analyst average estimate of $163.72 million. The reported number represents a year-over-year change of -16.8%.

• Geographic Revenue- North America: $321 million versus $294.07 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.3% change.

• Revenue by Product- Insecticides: $525.3 million versus $487.74 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -7.7% change.

• Revenue by Product- Fungicides: $80.4 million compared to the $67.79 million average estimate based on two analysts. The reported number represents a change of +7.9% year over year.

• Revenue by Product- Herbicides: $376 million versus the two-analyst average estimate of $323.09 million. The reported number represents a year-over-year change of +11.7%.

View all Key Company Metrics for FMC here>>>

Shares of FMC have returned -7% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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

FMC Corporation (FMC) : Free Stock Analysis Report

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

Zacks Investment Research

With upside potential and strong hedge fund interest, FMC Corporation (NYSE:FMC) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.

Photo by onur ozkardes on Unsplash

On July 14, 2025, KeyBanc increased its price target for FMC Corporation (NYSE:FMC) from $53 to $61, maintaining an ‘Overweight’ rating. With FMC’s shares trading around $42, as of the time of writing, this price target represents an upside potential of 45%. This price revision comes amid FMC’s sustainability push, as detailed in its May 21 report. In its 2024 sustainability report, FMC Corporation (NYSE:FMC) reported a 27% reduction in greenhouse gas emissions and $6 million in operating cost savings.

Furthermore, the company strengthened its future outlook with its strategic agreement with Corteva Agriscience on June 3, 2025. With this alliance, FMC Corporation (NYSE:FMC) aims to expand fluindapyr fungicide use in U.S. corn and soybean markets, translating into 175 million acres of opportunity. The fungicide is an active ingredient that is already commercialized in several key agricultural regions worldwide.

At the same time, FMC Corporation (NYSE:FMC) demonstrated its commitment to shareholders with the July 12 announcement of a quarterly dividend of $0.58 per share, payable on October 16, 2025.

With its innovative and sustainable strategy, FMC Corporation (NYSE:FMC), a global agricultural sciences company, produces crop protection solutions for farmers. The company also offers potash-based fertilizers. It is included in our list of the best potash stocks.

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

READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 10 Cheap Lithium Stocks to Buy According to Hedge Funds.

Disclosure: None.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.

Pixabay/Public Domain

On July 28, 2025, JPMorgan reiterated its ‘Neutral’ rating, raising the price target for Sociedad Química y Minera de Chile S.A. (NYSE:SQM) from $39 to $41. This price revision comes just a month after the analyst reduced its target for the company amid softer lithium price forecasts and weaker Q1 performance of SQM.

In Q1, while electric vehicle demand rebounded, the analyst remains wary of trade tensions and over-supply concerns in the lithium market. The analyst reduced SQM’s 2025 EBITDA forecast to $1.407 billion, which is 4% below consensus. Furthermore, the analyst noted that Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is burning $77 million in cash, with a valuation of 9x forward EV/EBITDA. Thus, the analyst sees limited room for a rerating in the short term. The analyst attributed the price target increase to the lithium market recovery.

Catering to global agriculture, energy, and technology sectors, Sociedad Química y Minera de Chile S.A. (NYSE:SQM) produces lithium, iodine, potassium, and industrial chemicals. The company also produces potash-based fertilizers. It is included in our list of the best potash stocks.

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

READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 10 Cheap Lithium Stocks to Buy According to Hedge Funds.

Disclosure: None.

PHILADELPHIA, July 31, 2025 /PRNewswire/ — FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced it has received registration for Fundatis® herbicide powered by Isoflex® active in Great Britain for use in winter wheat and winter barley. Isoflex® active is a novel herbicide when used in cereals and is classified by the Herbicide Resistance Action Committee (HRAC) as a Group 13 herbicide. Fundatis® herbicide provides growers with a new tool to help manage herbicide resistance across a wide range of agronomic practices.

"Fundatis® herbicide introduces a new solution featuring two active ingredients previously unavailable in Great Britain," said Sebastià Pons, vice president, president FMC EMEA. "This registration underscores FMC's commitment and dedication to bringing innovative crop protection technologies to growers. By providing growers with solutions to overcome resistance challenges, they are empowered to enhance their farming practices and achieve greater success."

Fundatis® herbicide combines FMC's innovative molecule Isoflex® active with beflubutamid, providing growers with a new tool for resistance management. Fundatis® herbicide provides a strong foundation as part of an integrated weed management program, effectively contributing to the control of key annual grass weeds, including Blackgrass (Alopecurus myosuroides) and Italian Ryegrass (Lolium multiflorum). It also offers control of key broadleaf weeds such as Groundsel (Senecio vulgaris) and Speedwell (Veronica spp.). Fundatis® herbicide will be available to growers during the fall growing season in Great Britain.

The registration in Great Britain marks another significant regulatory approval for FMC and Isoflex® active, which has already been registered and commercialized in Argentina, Australia, Brazil, Chile, China, Pakistan, Uruguay and India. FMC has also submitted a regulatory application for Isoflex® active in the European Union.

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. Research on the use of Isoflex® active in additional crops and segments is ongoing.

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

About FMCFMC 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®.

FMC, Isoflex and Fundatis 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.

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 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.

FMC Corporation received registration for Fundatis® herbicide powered by Isoflex® active in Great Britain for use in winter wheat and winter barley.Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-obtains-registration-in-great-britain-for-fundatis-herbicide-powered-by-isoflex-active-302519116.html

SOURCE FMC Corporation

FMC Corporation FMC reported earnings of 53 cents per share for second-quarter 2025, down from $2.35 in the year-ago quarter.Barring one-time items, adjusted earnings per share were 69 cents, beating the Zacks Consensus Estimate of 59 cents.Revenues were $1,050.5 million in the quarter, up around 1.2% from the year-ago quarter’s levels. The top line surpassed the Zacks Consensus Estimate of $965.4 million.Second-quarter revenues increased primarily due to a 6% rise in volume, as customers in most countries seemed to have reached their desired inventory levels for FMC products. Prices fell 3%, with more than half of the decline linked to price reductions in specific "cost-plus" contracts with certain diamide partners, reflecting lower manufacturing costs. Foreign exchange rates negatively impacted results by 1%. Sales from the company’s growth portfolio rose by a high single-digit percentage, while sales from the core portfolio remained largely unchanged.

FMC Corporation Price, Consensus and EPS Surprise

FMC Corporation price-consensus-eps-surprise-chart | FMC Corporation Quote

FMC’s Regional Sales Performance

In North America, sales declined 5% year over year to $321 million in the quarter. Sales in North America decreased, as strong growth in branded products in the United States was outweighed by reduced volumes in Canada due to anticipated inventory destocking. It topped the consensus estimate of $294.1 million.Latin American sales saw a 1% year-over-year increase to $310 million in the reported quarter. Sales in Latin America benefited from the strong growth of the new active ingredients, fluindapyr and Isoflex active. It beat the consensus estimate of $296.1 million.In Asia, revenues declined 17% from the previous year to $159 million. Sales in Asia declined due to lower pricing as well as reduced volume driven by ongoing destocking activity in India. It missed the consensus estimate of $163.7 million.EMEA experienced a 29% year-over-year sales increase to $260 million in the reported quarter. The growth was fueled by significant volume increases, especially in herbicides, products from diamide partners and branded Cyazypyr offerings. The Plant Health segment also expanded, supported by growth in biological products. It beat the consensus estimate of $223.6 million.

FMC’s Financials

The company had cash and cash equivalents of $438.2 million at the end of the quarter. Long-term debt was $3,270 million.

FMC’s Guidance

FMC expects full-year revenues (excluding India) to range between $4.08 billion and $4.28 billion, implying a 2% decline at the midpoint compared to 2024. Adjusted EBITDA is forecasted between $870 million and $950 million, indicating 1% growth at the midpoint. Adjusted earnings per share (EPS) are projected to be $3.26 to $3.70, indicating year-over-year no change at the midpoint.

FMC’s Price Performance

FMC’s shares have lost 29.2% in the past year against a 1.7% upside of the industry.

Zacks Investment Research

Image Source: Zacks Investment Research

FMC’s Zacks Rank & Key Picks

FMC currently carries a Zacks Rank #3 (Hold).Better-ranked stocks worth a look in the basic materials space include Royal Gold, Inc. RGLD, Avino Silver & Gold Mines Ltd. ASM and Barrick Mining Corporation B.Royal Gold is slated to report second-quarter results on Aug 6. The Zacks Consensus Estimate for earnings is pegged at $1.70. RGLD beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 9%. RGLD carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Avino Silver is scheduled to report second-quarter results on Aug 13. The Zacks Consensus Estimate for ASM’s second-quarter earnings is pegged at 3 cents. ASM beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 104.2%. ASM currently carries a Zacks Rank #1.Barrick Mining is slated to report second-quarter results on Aug 11. The consensus estimate for Barrick’s earnings is pegged at 47 cents. Barrick, carrying a Zacks Rank #1, beat the consensus estimate in three of the last four quarters, with the average earnings surprise being 12.5%.

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

FMC Corporation (FMC) : Free Stock Analysis Report

Barrick Mining Corporation (B) : Free Stock Analysis Report

Royal Gold, Inc. (RGLD) : Free Stock Analysis Report

Avino Silver (ASM) : Free Stock Analysis Report

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

Zacks Investment Research

FMC (FMC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +16.95%. A quarter ago, it was expected that this chemical producer would post earnings of $0.08 per share when it actually produced earnings of $0.18, delivering a surprise of +125%.

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

FMC, which belongs to the Zacks Agriculture – Operations industry, posted revenues of $1.05 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 8.82%. This compares to year-ago revenues of $1.04 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

FMC shares have lost about 13.5% since the beginning of the year versus the S&P 500's gain of 8.3%.

What's Next for FMC?

While FMC has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for FMC was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.90 on $1.09 billion in revenues for the coming quarter and $3.34 on $4.17 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Agriculture – Operations is currently in the bottom 13% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Alico (ALCO), has yet to report results for the quarter ended June 2025.

This agribusiness and land management company is expected to post quarterly loss of $0.35 per share in its upcoming report, which represents a year-over-year change of -29.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Alico's revenues are expected to be $16.9 million, up 24.2% from the year-ago quarter.

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

FMC Corporation (FMC) : Free Stock Analysis Report

Alico, Inc. (ALCO) : Free Stock Analysis Report

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

Zacks Investment Research

PHILADELPHIA (AP) — PHILADELPHIA (AP) — FMC Corp. (FMC) on Wednesday reported second-quarter profit of $66.7 million.

On a per-share basis, the Philadelphia-based company said it had profit of 53 cents. Earnings, adjusted for one-time gains and costs, came to 69 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The chemical producer posted revenue of $1.05 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $965.4 million.

_____

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

Maintains full year adjusted EBITDA and adjusted EPS guidance; announces sale of India commercial business

Second Quarter 2025 Highlights

• Revenue of $1.05 billion, up 1 percent versus Q2 2024, up 2 percent organically1

• Consolidated GAAP net income of $67 million, a decline of 77 percent versus Q2 2024

• Adjusted EBITDA of $207 million, up 2 percent versus Q2 2024

• Consolidated GAAP net income of $0.53 per diluted share, down 77 percent versus Q2 2024

• Adjusted earnings per diluted share of $0.69, an increase of 10 percent versus Q2 2024

Full-Year Outlook2

• Revenue outlook of $4.08 billion to $4.28 billion, excluding India, down 2 percent at the midpoint versus 2024 reported results, which included India

• Maintains adjusted EBITDA outlook of $870 million to $950 million, an increase of 1 percent versus prior year at the midpoint

• 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, July 30, 2025 /PRNewswire/ —

FMC Corporation Logo. (PRNewsFoto/FMC Corporation)

FMC Corporation (NYSE:FMC) today reported second quarter 2025 revenue of $1.05 billion, up 1 percent versus second quarter 2024, and up 2 percent organically.  On a GAAP basis, the company reported net income of $0.53 per diluted share in the second quarter, a decrease of 77 percent versus second quarter 2024 due to gains related to tax incentives recorded in the prior year.  Second quarter adjusted earnings were $0.69 per diluted share, up 10 percent versus second quarter 2024.

Higher second quarter revenue was driven by volume growth of 6 percent as customers in most countries appear to have reached target channel inventory levels for FMC products. Price declined 3 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 1 percent3.  The company's growth portfolio increased by high-single digits while core portfolio sales were essentially flat.

Sales in North America declined 5 percent as solid branded growth in the U.S. was more than offset by lower volume from expected destocking in Canada.  Latin America sales were 1 percent higher than prior year, 5 percent higher excluding currency impacts, aided by solid growth of new active ingredients fluindapyr and Isoflex™ active.  In Asia, sales were lower by 17 percent, down 15 percent excluding currency impacts, due to lower pricing as well as reduced volume driven by ongoing destocking activity in India.  EMEA sales increased 29 percent, 27 percent excluding currency impacts.  Growth was driven by strong volume gains particularly for herbicides, diamide partners, and branded Cyazypyr® products. The Plant Health business grew 3 percent driven by gains in biologicals.

FMC Revenue	Q2 2025
Total Revenue Change (GAAP)	1 %
Less FX Impact	(1) %
Organic1 Revenue Change (Non-GAAP)	2 %

GAAP net income in the second quarter declined 77 percent due to gains related to tax incentives recorded in the prior year.  FMC second quarter adjusted EBITDA was $207 million, an increase of 2 percent from the prior-year period as favorable costs were partially offset by price and FX headwinds.  Adjusted EPS grew 10 percent driven mainly by higher adjusted EBITDA and lower interest expense.

On a GAAP basis, cash from operations was $66 million, a decline of $226 million versus 2024 due primarily to a smaller reduction in inventory levels than in the prior year. Free cash flow was $40 million, a decline of $241 million versus Q2 2024 primarily due to lower cash from operations.

Intention to Divest India Commercial Business

In response to challenges in India, the FMC Board of Directors has approved divesting the company's commercial business in the country. FMC plans to continue to actively participate in the India market through a supply agreement with the eventual buyer of the business for its patented and data-protected portfolio, ranging from new diamide technologies to active ingredients and biologicals.  The company will continue its active ingredient manufacturing operations in India. The sale process is underway and is expected to conclude within the next year.

Outlook2

The India commercial business will be classified as held for sale beginning in the third quarter. Revenue generated by the India commercial business will be included in reported revenue, while revenue guidance for the company will exclude India. Earnings of the India commercial business will be excluded from adjusted EBITDA and adjusted EPS. The company reaffirms its full-year 2025 adjusted EBITDA, adjusted EPS and free cash flow guidance ranges. Revenue excluding India is expected to be $4.08 billion to $4.28 billion, down 2 percent at the midpoint versus prior year reported revenue. Other than the exclusion of India revenue, there is no change to revenue guidance.

Third quarter revenue excluding India is expected to be in the range of $1.00 billion to $1.10 billion, down 1 percent at the midpoint versus reported third quarter 2024. Volume growth and a minor FX tailwind are expected to be more than offset by a mid-single digit price headwind, in part driven by diamide partner contract adjustments and higher rebates as customers purchase higher volumes. The India exclusion is a negative 6 percent impact. Adjusted EBITDA is forecasted to be in the range of $210 million to $250 million, an increase of 14 percent at the midpoint versus the prior year as lower costs and volume growth more than offset headwinds from pricing and FX. Lower costs are driven by COGS tailwinds from improved fixed cost absorption, lower raw material costs and restructuring benefits.  FMC expects adjusted earnings per diluted share to be in the range of $0.78 to $0.98 in the third quarter, which represents a 28 percent increase at the midpoint versus third quarter 2024 driven mainly by higher adjusted EBITDA.

Fourth quarter revenue excluding India is expected to be in the range of $1.24 billion to $1.34 billion, an increase of 5 percent at the midpoint versus reported fourth quarter 2024. The company expects strong volume growth driven by sales of new products as well as contributions from the additional route to market recently put in place in Brazil. Pricing is expected to be a low-single digit headwind, while FX is forecasted to be a minor tailwind. The India exclusion is negative 6 percent.  Adjusted EBITDA is forecasted to be in the range of $334 million to $374 million, an increase of 4 percent at the midpoint versus the prior year as favorable costs and higher volumes are partially offset by lower price.  FMC expects adjusted earnings per diluted share to be in the range of $1.62 to $1.84 in the fourth quarter, which represents a 3 percent decrease at the midpoint versus fourth quarter 2024. The unfavorable variance is mainly driven by an exceptionally low tax rate in the prior year.

	Full-Year 2025 Outlook2	Second-Half Outlook2 (excludes India in Q3 and Q4)	Third Quarter Outlook2 (excludes India)	Fourth Quarter Outlook2 (excludes India)
Revenue	$4.08 billion to $4.28 billion	$2.24 billion to  $2.44 billion	$1.00 billion to $1.10 billion	$1.24 billion to $1.34 billion
Growth at midpoint vs. 2024	(2) %	2 %	(1) %	5 %
Adjusted EBITDA	$870 million to $950 million	$544 million to $624 million	$210 million to $250 million	$334 million to $374 million
Growth at midpoint vs. 2024	1 %	8 %	14 %	4 %
Adjusted EPS^	$3.26 to $3.70	$2.40 to $2.82	$0.78 to $0.98	$1.62 to $1.84
Growth at midpoint vs. 2024	0 %	5 %	28 %	(3) %

^ EPS estimates assume 125.6 million diluted shares for full year and 125.6 million diluted shares for Q3 and Q4.

Note that percentages are calculated using whole numbers.  Minor differences may exist due to rounding.  India has been excluded from second half, third quarter and fourth quarter outlooks. Variances are calculated versus 2024 results which include India.

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, the FMC logo, Cyazypyr and Isoflex 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, organic revenue growth and revenue excluding India. 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, our India held for sale business, and discontinued operations. As a result, no GAAP outlook is provided. Starting with the third quarter 2025 guidance, we provide forecasts for revenue excluding India (non-GAAP financial measure). We are not able to forecast the GAAP revenue due to potential actions we may take during the held for sale period to prepare the business for a potential buyer and other uncertainties, including customer reaction to the announcement of our intention to sell our India commercial business. For all outlooks provided, variances are calculated versus 2024 results which include India.

In certain instances, parts included in the variance explanations in the discussion may not sum to the total variance for the financial statement line item due to rounding.

 

FMC CORPORATION CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited and in millions, except per share amounts)
	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Revenue	$    1,050.5		$   1,038.4		$   1,841.9		$  1,956.4
Costs of sales and services	644.2		640.3		1,118.9		1,218.6
Gross margin	$       406.3		$      398.1		$      723.0		$      737.8
Selling, general and administrative expenses	176.8		164.8		348.8		328.7
Research and development expenses	66.4		75.9		135.1		136.8
Restructuring and other charges (income)	36.7		95.1		54.5		136.0
Total costs and expenses	$       924.1		$      976.1		$   1,657.3		$  1,820.1
Income from continuing operations before non-operating pension, postretirement, and other charges (income), interest expense, net and income taxes	$       126.4		$        62.3		$      184.6		$      136.3
Non-operating pension, postretirement, and other charges (income)	6.6		4.2		9.8		8.5
Interest expense, net	61.0		63.6		111.1		125.3
Income (loss) from continuing operations before income taxes	$         58.8		$         (5.5)		$        63.7		$          2.5
Provision (benefit) for income taxes	14.4		(303.5)		27.9		(304.9)
Income (loss) from continuing operations	$         44.4		$      298.0		$        35.8		$      307.4
Discontinued operations, net of income taxes	23.4		(2.8)		16.4		(15.3)
Net income (loss)	$         67.8		$      295.2		$        52.2		$      292.1
Less: Net income (loss) attributable to noncontrolling interests	1.1		0.1		1.0		(0.3)
Net income (loss) attributable to FMC stockholders	$         66.7		$      295.1		$        51.2		$      292.4
Amounts attributable to FMC stockholders:
Income (loss) from continuing operations	$         43.3		$      297.9		$        34.8		$      307.7
Discontinued operations, net of tax	23.4		(2.8)		16.4		(15.3)
Net income (loss)	$         66.7		$      295.1		$        51.2		$      292.4
Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$         0.34		$        2.37		$        0.28		$        2.45
Discontinued operations	0.19		(0.02)		0.13		(0.12)
Basic earnings per common share	$         0.53		$        2.35		$        0.41		$        2.33
Average number of shares outstanding used in basic earnings per share computations	125.2		125.0		125.1		125.0
Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$         0.34		$        2.37		$        0.28		$        2.45
Discontinued operations	0.19		(0.02)		0.13		(0.12)
Diluted earnings per common share	$         0.53		$        2.35		$        0.41		$        2.33
Average number of shares outstanding used in diluted earnings per share computations	125.6		125.4		125.5		125.3
Other Data:
Capital additions and other investing activities	$           9.8		$        14.4		$        47.2		$        37.8
Depreciation and amortization expense	43.4		44.3		87.1		90.0

 

FMC CORPORATION RECONCILIATION OF NON-GAAP FINANCIAL MEASURES   RECONCILIATION OF NET INCOME (LOSS) ATTRIBUTABLE TO FMC STOCKHOLDERS (GAAP) TO ADJUSTED AFTER-TAX EARNINGS FROM CONTINUING OPERATIONS, ATTRIBUTABLE TO FMC STOCKHOLDERS (NON-GAAP) (Unaudited and in millions, except per share amounts)
	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Net income (loss) attributable to FMC stockholders (GAAP)	$          66.7		$        295.1		$          51.2		$        292.4
Corporate special charges (income):
Restructuring and other charges (income) (a)	36.7		95.1		54.5		136.0
Non-operating pension, postretirement, and other charges (income) (b)	6.6		4.2		9.8		8.5
Income tax expense (benefit) on Corporate special charges (income) (c)	(6.8)		(13.8)		(11.2)		(23.4)
Discontinued operations attributable to FMC stockholders, net of income taxes (d)	(23.4)		2.8		(16.4)		15.3
Tax adjustment (e)	6.9		(304.3)		21.2		(304.3)
Adjusted after-tax earnings from continuing operations attributable to FMC stockholders (Non-GAAP) (1)	$          86.7		$          79.1		$        109.1		$        124.5
Diluted earnings per common share (GAAP)	$          0.53		$          2.35		$          0.41		$          2.33
Corporate special charges (income) per diluted share, before tax:
Restructuring and other charges (income)	0.29		0.76		0.43		1.09
Non-operating pension, postretirement, and other charges (income)	0.05		0.03		0.08		0.07
Income tax expense (benefit) on Corporate special charges (income), per diluted share	(0.04)		(0.11)		(0.09)		(0.19)
Discontinued operations attributable to FMC stockholders, net of income taxes per diluted share	(0.19)		0.02		(0.13)		0.12
Tax adjustments per diluted share	0.05		(2.42)		0.17		(2.43)
Diluted adjusted after-tax earnings from continuing operations per share, attributable to FMC stockholders (Non-GAAP)	$          0.69		$          0.63		$          0.87		$          0.99
Average number of shares outstanding used in diluted adjusted after-tax earnings from continuing operations per share computations	125.6		125.4		125.5		125.3

____________________
(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.
(a)	Three Months Ended June 30, 2025:
	Restructuring and other charges (income) includes restructuring charges of $13.0 million primarily related to the previously announced global restructuring plan, referred to as "Project Focus." Charges incurred related to Project Focus consist of $4.9 million of professional service provider costs and other miscellaneous charges, $5.4 million of severance and employee separation costs, and accelerated depreciation of $2.5 million on assets identified for disposal in connection with the restructuring initiative. Other charges (income) of $23.7 million is comprised of $7.4 million of charges associated with our environmental sites, a charge of $11.9 million due to changes in our estimate for Furadan disposal costs at our Middleport site, and  $4.4 million of other miscellaneous charges.
	Three Months Ended June 30, 2024:
	Restructuring and other charges (income) includes restructuring charges of $83.8 million primarily related to Project Focus. Charges incurred related to Project Focus consist of  $53.3 million of non-cash asset write-off charges resulting from the contract termination with one of our third-party manufacturers, $18.6 million of severance and employee separation costs, including costs associated with the CEO transition, $6.5 million of professional service provider costs and other miscellaneous charges, and accelerated depreciation of $5.9 million on assets identified for disposal in connection with the restructuring initiative. Other charges (income) of $11.3 million is comprised of $5.7 million of charges associated with our environmental sites and $5.6 million of other miscellaneous charges.
	Six Months Ended June 30, 2025:
	Restructuring and other charges (income) includes restructuring charges of $26.6 million primarily related to the previously announced global restructuring plan, referred to as "Project Focus." Charges incurred related to Project Focus consist of $11.5 million of professional service provider costs and other miscellaneous charges, $9.6 million of severance and employee separation costs, and accelerated depreciation of $5.6 million on assets identified for disposal in connection with the restructuring initiative. Other charges (income) of $27.9 million is comprised of $10.9 million of charges associated with our environmental sites, a charge of $11.9 million due to changes in our estimate for Furadan disposal costs at our Middleport site, and $5.1 million of other miscellaneous charges.
	Six Months Ended June 30, 2024:
	Restructuring and other charges (income) includes restructuring charges of $117.5 million primarily related Project Focus. Charges incurred in connection with Project Focus consist of $53.3 million of non-cash asset write off charges resulting from the contract termination with one of our third-party manufacturers, $37.5 million of severance and employee separation costs, including costs associated with the CEO transition, $18.7 million of professional service provider costs and other miscellaneous charges, and accelerated depreciation of $8.2 million on assets identified for disposal in connection with the restructuring initiative. Other charges (income) of $18.5 million is comprised of $9.0 million of charges associated with our environmental sites and $9.5 million of other miscellaneous charges.
(b)	Our non-operating pension, postretirement and other charges (income) includes 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. The three and six months ended June 30, 2025 also includes other charges of $3.3 million incurred as a make-whole premium in connection with the early redemption of $500 million of the Senior Notes due May 18, 2026.
(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. We recorded a $34.5 million reduction in our legal reserve in discontinued operations for the three and six months ended June 30, 2025 as a result of a decrease in outstanding cases.
(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 June 30,				Six Months Ended June 30,
(in Millions)	2025		2024		2025		2024
Tax adjustments:
Revisions to valuation allowances of historical deferred tax assets	$              —		$              —		$           (1.2)		$           (1.6)
Net impact of Switzerland tax incentives	10.5		(300.0)		13.3		(300.0)
Foreign currency remeasurement and other discrete items	(3.6)		(4.3)		9.1		(2.7)
Total Non-GAAP tax adjustments	$             6.9		$      (304.3)		$           21.2		$      (304.3)

 

RECONCILIATION OF NET INCOME (LOSS) (GAAP) TO ADJUSTED EARNINGS FROM CONTINUING OPERATIONS, BEFORE INTEREST, INCOME TAXES, DEPRECIATION AND AMORTIZATION, AND NONCONTROLLING INTERESTS (NON-GAAP)
(Unaudited, in millions)
	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Net income (loss) (GAAP)	$          67.8		$        295.2		$          52.2		$        292.1
Restructuring and other charges (income)	36.7		95.1		54.5		136.0
Non-operating pension, postretirement, and other charges (income)	6.6		4.2		9.8		8.5
Discontinued operations, net of income taxes	(23.4)		2.8		(16.4)		15.3
Interest expense, net	61.0		63.6		111.1		125.3
Depreciation and amortization	43.4		44.3		87.1		90.0
Provision (benefit) for income taxes	14.4		(303.5)		27.9		(304.9)
Adjusted earnings from continuing operations, before interest, income taxes, depreciation and amortization, and noncontrolling interests (Non-GAAP) (1)	$        206.5		$        201.7		$        326.2		$        362.3

___________________
(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 OF CONTINUING OPERATIONS (GAAP) TO FREE CASH FLOW (NON-GAAP)
(Unaudited, in millions)
	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Cash provided (required) by operating activities of continuing operations (GAAP) (1)	$           65.9		$        292.2		$      (479.1)		$        149.3
Capital expenditures	(15.0)		(9.9)		(46.6)		(30.6)
Other investing activities	5.2		(4.5)		(0.6)		(7.2)
Capital additions and other investing activities	$           (9.8)		$         (14.4)		$        (47.2)		$        (37.8)
Cash provided (required) by operating activities of discontinued operations	(16.4)		2.6		(29.7)		(18.9)
Free cash flow (Non-GAAP) (2)	$           39.7		$        280.4		$      (556.0)		$          92.6

___________________
(1)	Includes cash payments made in connection with our Project Focus transformation program of $14.9 million and $23.6 million for the three months ended June 30, 2025 and 2024, respectively, and $70.6 million and $63.5 million for the six months ended June 30, 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 Ended June 30, 2025 vs. 2024		Six Months Ended June 30, 2025 vs. 2024
Total Revenue Change (GAAP)	1 %		(6) %
Less: Foreign Currency Impact	(1) %		(2) %
Organic Revenue Change (Non-GAAP)	2 %		(4) %

___________________
(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
	June 30, 2025
Net income (loss) attributable to FMC stockholders (GAAP)	$                       99.9
Interest expense, net, net of income taxes	195.2
Corporate special charges (income)	157.8
Income tax expense (benefit) on Corporate special charges (income)	(24.9)
Discontinued operations attributable to FMC stockholders, net of income taxes	30.1
Tax adjustments	158.0
ROIC numerator (Non-GAAP)	$                     616.1
	June 30, 2025		June 30, 2024
Total debt	$                 4,163.3		$                     4,179.1
Total FMC stockholders' equity	4,397.0		4,559.4
Total debt and FMC stockholders' equity (GAAP)	$                 8,560.3		$                     8,738.5
ROIC denominator (2 yr average total debt and FMC stockholders' equity)	$                 8,649.4
ROIC (using Net income (loss) attributable to FMC stockholders (GAAP) as numerator)	1.15 %
Adjusted ROIC (using Non-GAAP numerator)	7.12 %

___________________
(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)
	June 30, 2025		December 31, 2024
Cash and cash equivalents	$                 438.2		$                 357.3
Trade receivables, net of allowance of $42.8 in 2025 and $39.4 in 2024	3,076.3		2,903.2
Inventories	1,395.7		1,201.6
Prepaid and other current assets	557.1		496.2
Total current assets	$              5,467.3		$              4,958.3
Property, plant and equipment, net	890.7		849.7
Goodwill	1,527.0		1,507.0
Other intangibles, net	2,401.4		2,360.7
Deferred income taxes	1,549.5		1,523.8
Other long-term assets	461.2		453.8
Total assets	$            12,297.1		$            11,653.3
Short-term debt and current portion of long-term debt	$                 893.3		$                 337.4
Accounts payable, trade and other	906.0		768.5
Advanced payments from customers	—		453.8
Accrued and other liabilities	819.8		755.2
Accrued customer rebates	812.0		489.9
Guarantees of vendor financing	61.5		85.5
Accrued pensions and other postretirement benefits, current	3.0		6.4
Income taxes	77.5		122.5
Total current liabilities	$              3,573.1		$              3,019.2
Long-term debt, less current portion	$              3,270.0		$              3,027.9
Long-term liabilities	1,025.9		1,097.4
Equity	4,428.1		4,508.8
Total liabilities and equity	$            12,297.1		$            11,653.3

 

FMC CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in millions)
	Six Months Ended June 30,
	2025		2024
Cash provided (required) by operating activities of continuing operations	$                (479.1)		$                  149.3
Cash provided (required) by operating activities of discontinued operations	(29.7)		(18.9)
Cash provided (required) by investing activities of continuing operations	(51.4)		(39.6)
Cash provided (required) by financing activities of continuing operations	628.7		84.7
Effect of exchange rate changes on cash	12.4		(6.4)
Increase (decrease) in cash and cash equivalents	$                    80.9		$                  169.1
Cash and cash equivalents, beginning of period	$                  357.3		$                  302.4
Cash and cash equivalents, end of period	$                  438.2		$                  471.5

 

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-reports-second-quarter-results-at-high-end-of-guidance-range-302517824.html

SOURCE FMC Corporation

Toronto, Ontario–(Newsfile Corp. – July 28, 2025) – Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ("Minnova" or the "Company"), announces that further to its press releases of May 7, 2025, June 19, 2025, July 14, 2025 and July 22, 2025, it has completed the final tranche of its non-brokered private placement financing for gross proceeds of $150,000 through the issuance of 3,000,000 units (the "Units") at a price of $0.05 per Unit (the "Offering").

Each Unit was comprised of one common share of the Company (each, a "Common Share") and one-half of one whole Common Share purchase warrant (each whole warrant, a "Warrant") of the Company. Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.10 per Common Share for a period of two (2) years from the date of issuance, provided, however, that should the closing price at which the Common Shares trade on the TSX Venture Exchange (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) exceed $0.20 for twenty (20) consecutive trading days at any time following the date that is four months and one day after the date of issuance, the Company may accelerate the Warrant term (the "Reduced Warrant Term") such that the Warrants shall expire on the date which is 30 business days following the date a press release is issued by the Company announcing the Reduced Warrant Term.

Gross proceeds raised from the Offering will be used for the Company's PL Mine including; permitting, resource expansion and exploration drill program planning, as well as for general working capital purposes. All securities issued in connection with the Offering are subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

The Offering constituted a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") as an insider of the Company subscribed for 1,000,000 Units pursuant to the Offering. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the fair market value of the participation in the Offering by the insider does not exceed 25% of the market capitalization of the Company in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 using a long-term gold price of US$1,250 per ounce. 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 OfficerTel: 647-985-2785

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.

NOT FOR DISSEMINATION INTO THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260412

FMC Corporation (NYSE:FMC), a cheaply priced stock popular among hedge funds and offering upside potential, is included in our list of the 10 Cheap Lithium Stocks to Buy According to Hedge Funds.

A person inspecting a lithium-ion battery that is being recycled.

On July 14, 2025, KeyBanc increased its price target on FMC Corporation (NYSE:FMC) from $53 to $61, maintaining an ‘Overweight’ rating. For a stock that is trading at $43.21 as of the time of writing, representing a 41.17% upside, per the analyst. The analyst signals growing optimism around the company’s growth potential.

Meanwhile, two days later, FMC Corporation (NYSE:FMC)’s board declared a regular quarterly dividend of $0.58 per share, payable on October 16, 2025. Amid the volatile market environment, this points to the company’s commitment to shareholder returns and operational resilience.

With decades of experience in developing and producing lithium amides, lithium alkoxides, lithium metal hydrides, alkyllithiums, and aryllithiums, FMC Corporation (NYSE:FMC) has enabled the production of agricultural and pharmaceutical intermediates. It is included in our list of cheap lithium stocks.

FMC Corporation (NYSE:FMC), a global agricultural sciences company, offers sustainable crop protection and precision agriculture solutions. It is included in our list of cheap lithium stocks.

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

READ NEXT: 11 Most Undervalued Cloud Stocks Under $10 According to Hedge Funds and 11 Best Mineral Stocks to Buy According to Hedge Funds.

Disclosure: None.

Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important.

Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.

2 Stocks to Add to Your Watchlist

The Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information. The ESP is calculated by comparing the Most Accurate Estimate to the Zacks Consensus Estimate, with the percentage difference between the two giving us the Zacks ESP figure.

Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Vital Farms (VITL) earns a Zacks Rank #1 right now and its Most Accurate Estimate sits at $0.29 a share, just 13 days from its upcoming earnings release on August 7, 2025.

VITL has an Earnings ESP figure of +2.35%, which, as explained above, is calculated by taking the percentage difference between the $0.29 Most Accurate Estimate and the Zacks Consensus Estimate of $0.28.

VITL is part of a big group of Consumer Staples stocks that boast a positive ESP, and investors may want to take a look at FMC (FMC) as well.

FMC, which is readying to report earnings on July 30, 2025, sits at a Zacks Rank #3 (Hold) right now. Its Most Accurate Estimate is currently $0.61 a share, and FMC is five days out from its next earnings report.

FMC's Earnings ESP figure currently stands at +2.89% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $0.59.

VITL and FMC's positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.

Find Stocks to Buy or Sell Before They're Reported

Use the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>

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

Vital Farms, Inc. (VITL) : Free Stock Analysis Report

FMC Corporation (FMC) : Free Stock Analysis Report

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

Zacks Investment Research

Toronto, Ontario–(Newsfile Corp. – July 24, 2025) – Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ("Minnova" or the "Company"), announces that, further to its press releases of April 29, 2024 and December 19, 2024, it has settled an aggregate of $800,000 of indebtedness owed to certain creditors of the Company through the issuance of an aggregate of 15,999,999 common shares in the capital of the Company (the "Common Shares") at a price of $0.05 per Common Share (the "Debt Settlement").

All securities issued in connection with the Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

The Debt Settlement is constituted "related party transactions" within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"), as certain insiders of the Company received an aggregate of 8,299,999 Common Shares. The Company is relying on the exemptions from the valuation approval requirements of MI 61-101 contained in section 5.5(b) of MI 61-101, as the Company's securities are not listed on one of the markets specified in section 5.5(b) of MI 61-101. The Company did not rely on an exemption the minority shareholder approval under MI 61-101, as minority shareholder approval for the Debt Settlement was received at the annual and special meeting of shareholders held on January 22, 2025.

Prior to the completion of the Debt Settlement, Mr. Gorden Glenn held, directly or indirectly, an aggregate of 5,270,740 Common Shares and 2,791,436 stock options, representing approximately 6.68% of the issued and outstanding Common Shares on an undiluted basis and approximately 9.86% on a partially diluted basis. Upon completion of the Debt Settlement, Mr. Glenn holds an aggregate of 13,570,739 Common Shares and 2,791,436 stock options, representing approximately 14.29% of the then issued and outstanding Common Shares on an undiluted basis and approximately 16.74% on a partially diluted basis. Depending on market and other conditions, or as future circumstances may dictate, Mr. Glenn may from time to time increase or decrease its holdings of Common Shares or other securities of the Company. A copy of the early warning report will be available on the Company's issuer profile on SEDAR+ at www.sedarplus.ca.

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

For further information, please contact Investor Relations at 647-985-2785 or info@minnovacorp.ca.

Visit our website at 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259987

The market expects FMC (FMC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.

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

Zacks Consensus Estimate

This chemical producer is expected to post quarterly earnings of $0.59 per share in its upcoming report, which represents a year-over-year change of -6.4%.

Revenues are expected to be $965.4 million, down 7% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 1.32% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

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

Price, Consensus and EPS Surprise

Price, Consensus and EPS Surprise Chart for FMCEarnings Whisper

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

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

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

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

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

How Have the Numbers Shaped Up for FMC?

For FMC, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.89%.

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

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

Does Earnings Surprise History Hold Any Clue?

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

For the last reported quarter, it was expected that FMC would post earnings of $0.08 per share when it actually produced earnings of $0.18, delivering a surprise of +125.00%.

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

Bottom Line

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

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

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

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

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

FMC Corporation (FMC) : Free Stock Analysis Report

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

Zacks Investment Research