Landstar System(LSTR)
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Lodestar Metals Announces Private Placement Offering of $1,500,000
TMX Newsfile· 2026-01-21 12:35
Core Viewpoint - Lodestar Metals Corp. is conducting a non-brokered private placement financing to raise $1,500,000 through the issuance of 7,500,000 units at a price of $0.20 per unit, aimed at advancing its exploration activities in Nevada [1][4]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.30 for 18 months [2]. - Integrity Capital Group Inc. has been engaged as a finder for the offering, with a potential finder's fee of up to 8% cash and 8% in finder's warrants, reduced to 3% for certain identified investors [3]. Use of Proceeds - The proceeds from the offering will be allocated to exploration and drilling activities on the Gold Run Property, as well as for working capital purposes [4]. Company Overview - Lodestar Metals Corp. is a Canadian gold exploration company focused on the Goldrun Project in Nevada, which is strategically located on a major Carlin-style gold trend and near significant gold deposits [6]. - The company's strategy emphasizes a disciplined approach to discovery, focusing on high-value targets and building a compliant gold resource to enhance shareholder value [6].
Lodestar Metals Scales Up Exploration with High-Resolution Geophysics at Goldrun Project, Nevada
TMX Newsfile· 2026-01-20 12:35
Core Viewpoint - Lodestar Metals Corp. has initiated a Dipole-Dipole-Induced-Polarisation (DDIP) geophysics program at its Goldrun Property in Nevada, aimed at identifying chargeability anomalies associated with gold deposits, which is a significant step in their exploration strategy for 2026 [1][2]. Exploration Strategy - The expanded DDIP program is designed to enhance the understanding of the Goldrun Property, with expectations of refining existing targets and discovering new high-priority zones at Robbers Knob and Grindstone Flats [2][6]. - The company aims to transition quickly from target generation to discovery-focused drilling, with a maiden drill campaign planned for March-April 2026, pending necessary approvals [2][12]. Technical Details - The DDIP program will include four new lines to cover high-priority areas that previously lacked geophysical data, enhancing depth penetration and target definition [6][8]. - Historical drilling at Robbers Knob revealed intersections of 18 meters at 4.3 g/t Au, including 1.5 meters at 37.8 g/t Au, while Grindstone Flats showed 13.7 meters at 1.5 g/t Au, including 1.5 meters at 32.5 g/t Au [8][11]. Anticipated Outcomes - Results from the DDIP program are expected in the coming weeks, with interpreted highlights anticipated in February 2026 [6][11]. - The company is currently preparing for its maiden drilling campaign, with permits submitted and drilling expected to commence in March or April 2026, subject to conditions [12]. Company Background - Lodestar Metals Corp. is a Canadian gold exploration company focused on advancing the Goldrun Project, strategically located on a major Carlin-style gold trend adjacent to significant gold deposits in North America [15]. - The company's strategy emphasizes capital allocation towards high-value targets and rapid movement on known mineralization to build a compliant gold resource [15].
Landstar to Release Fourth Quarter Results on Wednesday, January 28, 2026
Globenewswire· 2026-01-14 12:50
Group 1 - Landstar System, Inc. will release its 2025 fourth quarter results on January 28, 2026, after market close [1] - A quarterly conference call with analysts and investors will be held at 4:30 p.m. ET on the same day to discuss the results [1] - The conference call will be accessible via webcast and will also have a telephone replay available for 48 hours for those unable to attend live [1] Group 2 - Landstar is a technology-enabled, asset-light provider of integrated transportation management solutions [2] - The company delivers specialized transportation services to a diverse customer base through a network of agents, third-party capacity providers, and employees [2] - Landstar's services are certified to ISO 9001:2015 and RC14001:2015 standards for quality and environmental management [2]
Lodestar Metals Strengthens Board with Appointment of David Christie as Chairman of the Company
TMX Newsfile· 2026-01-09 12:35
Core Insights - Lodestar Metals Corp. has appointed David Christie as Chairman, bringing extensive experience in mining and capital markets to the role [2][4] Group 1: Leadership Appointment - David Christie has been recognized for his technical expertise and corporate development leadership, which aligns with the company's goal of becoming a high-impact exploration firm [2] - Christie has a strong conviction in Lodestar's assets and strategy, particularly highlighting the Goldrun Project's advantageous location on a major Carlin-style gold trend [2][4] - His previous roles include significant positions at Globex Mining Enterprises Inc. and Orford Mining Corp, showcasing a robust background in mining finance and exploration [2] Group 2: Stock Options - The company has granted a total of 1,600,000 stock options to its directors, officers, and consultants, exercisable at $0.15 per common share with a five-year term [3] Group 3: Company Overview - Lodestar Metals Corp. is focused on advancing the Goldrun Project in Nevada, strategically located near some of North America's largest gold deposits [4] - The company's strategy emphasizes a disciplined approach to discovery, focusing capital on high-value targets and building a compliant gold resource [4]
Landstar System: The Recent Rally Is Justified, But It's Approaching My Target
Seeking Alpha· 2025-12-29 14:30
Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] Investment Focus - The company has diversified its investments across various sectors including banking, telecommunications, logistics, and hotels, indicating a strategic approach to portfolio management [1] - The entry into the US market in 2020 reflects a growing interest in international investments, particularly in sectors like banks, hotels, and logistics [1] Market Trends - The popularity of insurance companies in the Philippines since 2014 suggests a shift in investment preferences among local investors, moving towards more diversified financial products [1] - The trend of using platforms like Seeking Alpha for analysis indicates a growing reliance on data-driven insights for investment decisions in both the ASEAN and US markets [1]
Landstar System price target raised to $140 from $127 at Stifel
Yahoo Finance· 2025-12-17 12:20
Group 1 - Stifel raised the price target on Landstar System (LSTR) to $140 from $127 while maintaining a Hold rating on the shares [1] - The firm anticipates that the focus for transport stocks in 2026 will be on supply rationalization and cost-driven self-help [1] - The analyst suggests a conservative positioning in high-quality names that can preserve or expand market share during a mild pullback [1]
Landstar System Announces Special Dividend
Globenewswire· 2025-12-04 12:50
Core Viewpoint - Landstar System, Inc. has declared a special one-time cash dividend of $2.00 per share, reflecting the company's strong financial position and commitment to returning value to shareholders [1][2]. Financial Performance - The company repurchased 1,281,863 shares at an aggregate cost of approximately $180.9 million during the first 11 months of the 2025 fiscal year [3]. - Landstar returned $124.8 million to shareholders in cash dividends during the 2025 fiscal year, which includes a previously announced quarterly dividend of $0.40 per share scheduled for payment on December 9, 2025 [3]. - As of September 27, 2025, Landstar had approximately $434 million in cash and short-term investments [3]. Company Overview - Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions, offering specialized transportation services through a network of agents and third-party capacity providers [4]. - The company is headquartered in Jacksonville, Florida, and its common stock trades on NASDAQ under the symbol LSTR [4].
Lodestar Metals Completes Initial 2025 Exploration Work and Finalizes Plans for Strategic Drill Program
Newsfile· 2025-12-02 12:35
Core Insights - Lodestar Metals Corp. has completed initial exploration work for the Gold Run Project in Nevada and is finalizing plans for a strategic drill program set to begin in Q1 2026, focusing on high-potential targets [1][3][5] - The company aims to create shareholder value by testing known mineralized trends and expanding the pipeline of high-quality targets for follow-up in 2026 [1][5] Exploration Plans - The maiden drill program will target four priority prospects: Independence Trend, Gomes, Robbers Knob, and Crown North, based on multi-element soil geochemistry and historical data [5][6] - A property-wide DDIP geophysical survey will be conducted to expand geophysical coverage, identify new anomalies, and refine target prioritization for follow-up drilling [6][19] Target Areas - **Independence Trend**: Notable for strong gold, silver, and arsenic geochemistry, possibly indicative of epithermal style mineralization [3][11] - **Gomes**: High-grade silver and gold identified from surface rock sampling, with historical drilling showing significant intersections [10][11] - **Robbers Knob**: Characterized by strong gold and mercury geochemistry, with historical gold intersections remaining open for further exploration [15][16] - **Crown North**: High-grade gold intersection noted, with potential for new zones of mineralization to be tested [16][18] Ongoing Work - The company is actively preparing for drilling by finalizing targets, conducting the DDIP survey, and engaging with drilling contractors to ensure readiness for the 2026 field season [22][28]
Why Is Landstar (LSTR) Up 5% Since Last Earnings Report?
ZACKS· 2025-11-27 17:36
Core Viewpoint - Landstar System's recent earnings report indicates a mixed performance, with earnings per share missing estimates while revenues slightly exceeded expectations, leading to questions about future trends [2][3]. Financial Performance - Q3 2025 earnings per share were $1.22, missing the Zacks Consensus Estimate of $1.24 and down 13.5% year over year [2]. - Revenues reached $1.21 billion, slightly surpassing the Zacks Consensus Estimate of $1.20 billion but declining 0.4% year over year [2]. - Operating income fell 58.3% to $26.32 million compared to the prior-year quarter [2]. - Total costs and expenses increased by 2.4% to $1.18 billion [2]. Segment Performance - Truck transportation segment revenues, which account for 90.4% of total revenues, were $1.08 billion, down 0.1% year over year and below expectations of $1.09 billion [3]. - Rail intermodal revenues increased by 12.8% from Q2 2024 to $23.66 million, exceeding expectations of $20.8 million [3]. - Revenues from ocean and air-cargo carrier segments fell 5.3% year over year to $72.27 million, below expectations of $77.8 million [4]. - Other revenues decreased by 22.9% to $19.57 million, also below expectations of $20.6 million [4]. Liquidity and Shareholder Returns - As of the end of Q3 2025, Landstar had cash and cash equivalents of $375.19 million, up from $359.23 million in the previous quarter [5]. - Long-term debt decreased to $47.70 million from $54.67 million in the prior quarter [5]. - During Q3 2025, Landstar repurchased 308,709 shares for $40.6 million and has authorization to buy an additional 1,552,813 shares [6]. - A quarterly cash dividend of 40 cents per share was announced, payable on December 9, 2025 [6]. Market Sentiment and Outlook - There has been a downward trend in fresh estimates for Landstar, leading to a Zacks Rank of 4 (Sell) [9]. - The overall VGM Score for Landstar is C, indicating a middle position for value investors [8]. - Comparatively, Knight-Swift Transportation Holdings, a peer in the same industry, reported a revenue increase of 2.7% year over year, highlighting a contrasting performance within the sector [10].
Lodestar Metals Closes Third and Final Tranche of Financing
Newsfile· 2025-11-26 01:31
Core Viewpoint - Lodestar Metals Corp. has successfully closed the third and final tranche of its non-brokered private placement financing, raising a total of $1,500,000 through the issuance of 19,999,998 units, which will support its exploration efforts at the Goldrun Project in Nevada [1][2][4]. Financing Details - The third tranche involved the issuance of 1,678,263 units at a price of $0.075 per unit, generating gross proceeds of $125,869.73 [1][2]. - Each unit consists of one common share and one-half of a share purchase warrant, with the warrants allowing the purchase of additional shares at $0.12 for two years [2]. - The total cash fee paid to finders for the third tranche was $3,776.09, along with the issuance of 50,348 Finder's Warrants [3]. Use of Proceeds - Proceeds from the offering will be allocated for exploration and drilling activities at the Goldrun Project, as well as for general working capital [4]. Shareholder Update - Mr. Andy Chow acquired a total of 3,523,065 units through the offering, increasing his ownership to approximately 9.59% of the company's issued shares on a non-diluted basis [5]. Marketing Engagement - The company has entered into a digital marketing agreement with InvestorHyve for three months at a rate of $5,000 per month, aimed at enhancing market visibility and investor awareness [8][9]. Company Overview - Lodestar Metals Corp. is focused on advancing the Goldrun Project in Nevada, which is strategically located on a major gold trend and aims to build a compliant gold resource that delivers long-term shareholder value [11].