Source: Benzinga
Fairchild Gold Corp. acquired a 100% interest in the drill-ready Carlin Queen gold and silver property in Nevada, strategically located near world-class gold mines, for a series of annual cash payments and a 2% net smelter return royalty.
Source: The Motley Fool
Hecla Mining experienced a 42% stock price surge in September, driven by its inclusion in the S&P SmallCap 600 index and a 50% price target increase by RBC Capital analyst Michael Siperco.
Source: The Motley Fool
The AI revolution is driving massive demand for silver in nuclear reactors, solar panels, and electric vehicles, creating significant opportunities for silver mining companies like First Majestic Silver.
Source: The Motley Fool
Hecla Mining's stock rose over 12% after being selected for inclusion in the S&P SmallCap 600 index, bolstered by strong Q2 financial performance and positive investor sentiment.
Source: The Motley Fool
Hecla Mining reported record quarterly revenue of $304.0 million, a 23.7% increase year-over-year, with significant improvements in free cash flow, operational efficiency, and debt reduction.
Source: Benzinga
The article discusses three stocks that have the potential to deliver further upside: HSBC Holdings, Uber Technologies, and Hecla Mining. It cites factors such as China's stimulus, growth forecasts, and institutional buying as reasons for the positive sentiment on these stocks.
Source: Benzinga
Silver mining stocks and ETFs have posted their best weekly performance in over four years, driven by a surge in silver prices due to rising gold, expectations of a Federal Reserve rate cut, and a global supply deficit.
Source: Zacks Investment Research
Wix.com Ltd. is expected to report strong revenue growth in Q2 2024, driven by increasing adoption of its AI-powered products and growing momentum in its WIX Studio offering. However, rising expenses and macroeconomic volatility remain concerns.
Source: Zacks Investment Research
Ingevity Corporation reported a Q2 2024 loss of $283.7 million or $7.81 per share, down from a profit of $35.5 million a year ago. Revenues declined 18.9% year-over-year to $390.6 million, missing estimates. The company revised its sales and adjusted EBITDA guidance for 2024.
Source: Zacks Investment Research
Celanese Corporation reported a decline in Q2 2024 earnings from continuing operations and missed the Zacks Consensus Estimate. The company's revenues also decreased year-over-year due to a drop in pricing.
Source: Zacks Investment Research
Buenaventura Mining reported its Q2 2024 production results. Gold and silver production at some mines met expectations, while copper and silver output at the El Brocal mine fell short. Tambomayo's production exceeded the company's guidance.
Source: Benzinga
Silver North Resources Ltd. has closed the final tranche of its non-brokered private placement, raising a total of $827,380 in gross proceeds. The company plans to use the funds for general corporate and working capital purposes.
Source: Zacks Investment Research
Hecla Mining reported strong silver, gold, lead, and zinc production in Q2 2024, with increases across its key mines. The company is on track to meet its 2024 silver production guidance.
Source: GlobeNewswire Inc.
Goliath Resources has commenced a 15,000-meter drill program at its Golddigger property in British Columbia's Golden Triangle. The program will focus on testing the potential feeder source of the high-grade Surebet Discovery and drilling three new high-grade gold-copper targets.
Source: Zacks Investment Research
Fresnillo, Fortuna Silver, Pan American Silver, Hecla Mining and MAG Silver have been highlighted in this Industry Outlook article.