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Daura Gold Announces Completion of 27 km of Induced Polarization Surveying and Advances Drill Target Definition at the Cerro Bayo Gold-Silver Project, Santa Cruz Province, Argentina
TMX Newsfile· 2026-01-20 13:30
Core Viewpoint - Daura Gold Corp. has successfully completed a significant geophysical survey at the Cerro Bayo Gold-Silver Project, which will aid in defining drill targets for an upcoming drilling program [1][2][4]. Project Highlights - The Induced Polarization (IP) profiling program covered 27 line-kilometers and identified 15 priority drill targets based on previous geochemical sampling and earlier surveys [5][6]. - The completion of seven Pole-Dipole IP survey lines has provided insights into potential mineralization across both northern and southern target areas [4][7]. Drilling Program - A Phase 1 drilling program is planned, consisting of approximately 1,500 meters across 22 diamond drill holes, targeting 15 identified drill sites [6]. - In the northern area, 8 drill targets will be tested with 8 holes for a total of 500 meters, while the southern area will see 7 targets tested with 14 holes for 1,000 meters [6]. Next Steps - In addition to the Q1 2026 drill program, the company has initiated a regional Gradient Array IP survey in the northern part of the license area to support the second phase of drilling [8]. Awareness Campaign - Daura Gold has entered into a service agreement with Resource Stock Digest to create and distribute reports, aiming to enhance awareness and interest in the company [9][11]. - The agreement is set for one year starting February 1, 2026, with a one-time fee of US$100,000, to be paid from the company's working capital [11]. Company Background - Daura Gold Corp. is listed on the TSX Venture Exchange and is actively exploring in Peru and Argentina, focusing on high-impact projects in the Ancash region of Peru and the Cerro Bayo/La Flora Project in Argentina [15][16].
Target Eyes FY26 as Turning Point on Investments in Tech & Remodels
ZACKS· 2026-01-19 18:46
Core Insights - Target Corporation (TGT) is positioning fiscal 2026 as a pivotal year, focusing on investments in its store fleet, digital capabilities, and operating model to enhance relevance and growth after years of fluctuating discretionary demand [1] Investment and Capital Expenditure - Capital spending is set to increase to approximately $5 billion in fiscal 2026, up from $4 billion in the current year, with funds allocated for technology upgrades, category resets, new larger-format stores, and an expanded remodel program [2] - Remodels are expected to drive reliable sales increases, while new stores are exceeding internal performance expectations [2] Technology and Modernization - Technology modernization is a key component of Target's turnaround strategy, utilizing machine learning and AI tools to enhance forecasting, inventory management, and personalization, resulting in a more than 150 basis points year-over-year improvement in the availability of top-selling SKUs [3][9] - The company plans its most significant store floor transformation in a decade, focusing on areas such as Home, Baby, Beauty, and Fun 101 to enhance customer experience and design-led merchandising [4] Organizational Changes - To support the new operational model, Target has reduced its headquarters staffing by approximately 1,800 roles, aiming to streamline decision-making and accelerate merchant workflows [5] Competitive Landscape - Target's stock has increased by 21.6% over the past three months, outperforming the industry growth of 9.5% [8] - The forward 12-month price-to-earnings ratio for TGT is 14.43, which is lower than the industry average of 31.94, indicating a potentially attractive valuation [10] Earnings Estimates - The Zacks Consensus Estimate for TGT's fiscal 2025 earnings suggests a year-over-year decline of 17.6%, while fiscal 2026 is projected to see a growth of 5.9% [12]
Is Stock Market Open Today? What's Open And What's Closed On Martin Luther King Jr. Day - Bank of America (NYSE:BAC), Costco Wholesale (NASDAQ:COST)
Benzinga· 2026-01-19 07:27
Financial Markets And Banking - Wall Street will be closed on January 19 for Martin Luther King Jr. Day, with both the New York Stock Exchange (NYSE) and Nasdaq suspending trading, resuming normal hours on January 20 [2] - The Federal Reserve will also be closed, leading to the closure of most commercial banks, including major institutions like JPMorgan Chase & Co., Bank of America Corp., and Wells Fargo & Co., although ATMs and mobile banking will remain operational [3] Mail Delivery And Government Offices - The United States Postal Service (USPS) will suspend regular mail deliveries and close retail post office locations nationwide on January 19, while private couriers like UPS will not provide pickup or delivery service [4] - Non-essential federal, state, and local government offices, including the DMV and public courts, will be closed, and most public schools will dismiss classes for the day [5] Retail And Grocery Stores - Major retailers such as Walmart Inc., Target Corp., and Costco Wholesale Corp. are expected to remain open, although hours may vary by location [6] - Grocery chains like Publix and Whole Foods are likely to maintain standard operating hours, with customers advised to confirm specific times with local branches [7] Market Performance - On the last trading day before the holiday, the SPDR S&P 500 ETF Trust closed down 0.084% at $691.66, while the Invesco QQQ Trust ETF declined 0.12% to $621.06 [8] - Year-to-date performance shows the Nasdaq 100 index has advanced by 1.28%, while the S&P 500 and Dow Jones indices have risen by 1.19% and 2.02%, respectively [8]
The Best Dividend Stocks to Buy With $5,000 Right Now
The Motley Fool· 2026-01-17 09:25
Core Viewpoint - The article discusses consumer stocks that are positioned for significant stock recovery and continued dividend growth, emphasizing the importance of dividend investing over growth investing [1][2]. Clorox - Clorox is known for its bleach and owns other brands like Pine-Sol and Burt's Bees, benefiting from increased cleanliness demand during the COVID-19 pandemic [3]. - The stock has lost about 50% of its value over the last five years due to inflation, a cyberattack, and ERP software transition challenges [3]. - Clorox's current market cap is $13 billion, with a stock price of $109.98 and a dividend yield of 4.47%, supported by a consistent annual payout increase for 49 years [4][5]. - The investment in ERP software is expected to enhance efficiency, and the stock's P/E ratio of 17 suggests potential for dividend growth and stock price recovery [6]. Target - Target operates approximately 2,000 stores across the U.S. and has faced challenges such as rising inventories and falling sales post-pandemic [7][8]. - The stock has started to recover from its November low, with a current price of $111.14 and a dividend yield of 4.06%, marking it as a Dividend King with 54 years of payout increases [10]. - Target's P/E ratio is 13, significantly lower than competitors like Walmart and Costco, which trade at 42 and 51 times earnings, respectively, indicating potential for stock price recovery alongside rising dividends [11].
Target Jumps 22% in 3 Months: Should You Buy, Hold or Sell the Stock?
ZACKS· 2026-01-15 17:21
Core Insights - Target Corporation (TGT) shares have increased by 22% over the past three months, outperforming the Zacks Retail - Discount Stores industry's growth of 9.4%, the Retail-Wholesale sector's return of 7.8%, and the S&P 500's rally of 6.4% during the same period [1][8]. Performance Comparison - TGT has outperformed peers such as Walmart Inc. (WMT) and Costco Wholesale Corporation (COST), while underperforming Dollar General Corporation (DG) over the past three months. Walmart, Costco, and Dollar General shares have increased by 12.6%, 2.6%, and 46.3%, respectively [4]. - TGT stock closed at $109.82, which is 24.3% below its 52-week high of $145.08 reached on January 28, 2025. The stock is trading above its 50-day and 200-day simple moving averages of $94.70 and $94.44, respectively, indicating a favorable technical setup [6]. Valuation Metrics - TGT is trading at a forward P/E ratio of 14.25, significantly lower than the industry average of 31.63. Walmart, Costco, and Dollar General have higher forward P/E ratios of 40.89, 45.75, and 21.47, respectively [9][11]. - Despite recent price appreciation, TGT's valuation remains compellingly discounted relative to its industry peers, raising questions about whether this reflects underlying business challenges or presents a buying opportunity [11]. Earnings Estimates - The Zacks Consensus Estimate for Target's fiscal 2025 projects a 1.6% year-over-year decrease in sales and a 17.7% decline in EPS. For fiscal 2026, a 2.3% rise in sales and 5.9% growth in earnings are anticipated. The consensus estimate for EPS has increased by 1 cent to $7.30 for the current fiscal year [12][15]. Strategic Initiatives - Target is undergoing a transformation focusing on design-led merchandising, enhanced guest experience, and technology initiatives. This includes curated assortments and trend-forward products, positioning Target as a style-and-value destination [16]. - Digital channels are strengthening, supported by convenience-led services like same-day delivery and pickup. Target Plus is expanding as a marketplace, and Roundel is monetizing traffic and data more efficiently [17][18]. - Technology-led innovation is a key differentiator, with AI-enabled retail initiatives enhancing customer engagement through a conversational shopping experience integrated with ChatGPT [18]. Operational Improvements - Operational execution is improving, with advanced analytics enhancing demand forecasting and inventory management. On-shelf availability for key items improved by over 150 basis points year-over-year in the fiscal third quarter [19]. - Target plans to increase capital expenditure by 25% to $5 billion in fiscal 2026 to support store remodels and expanded fulfillment capabilities [20]. Market Challenges - Target continues to face a slow recovery in consumer demand, with fiscal third-quarter results meeting internal expectations but overall performance under pressure. Comparable-store sales and foot traffic remain weak [21]. - Management anticipates low-single-digit declines in net sales and comparable sales for the fourth quarter of fiscal 2025, tightening the full-year adjusted earnings view to $7.00-$8.00 per share [22].
DraftKing Stock Pops After Upgrade, Price-Target Hike
Schaeffers Investment Research· 2026-01-15 15:52
Core Viewpoint - DraftKings Inc (NASDAQ:DKNG) stock has seen a positive movement following an upgrade from Wells Fargo, indicating bullish sentiment among analysts and potential for further price appreciation [1] Group 1: Analyst Ratings and Price Targets - Wells Fargo upgraded DKNG to "overweight" from "equal weight," raising the price target to $49 from $31 [1] - Out of 33 analysts covering DKNG, 27 have a "buy" or better rating, reflecting strong analyst support [1] - The 12-month consensus target price of $45.38 represents a 29.1% premium to the current trading levels [1] Group 2: Stock Performance and Technical Indicators - DKNG has a 19.9% lead over the past six months, supported by its 40-day moving average [2] - The stock has faced resistance at the $37.50 level, which has rejected rallies twice this month [2] - Options traders are optimistic, as indicated by a 10-day call/put volume ratio of 7.29, ranking higher than 85% of readings from the past year [2] Group 3: Volatility Insights - DKNG has an elevated Schaeffer's Volatility Scorecard (SVS) of 94 out of 100, suggesting that the stock has experienced higher volatility than what its options pricing indicates [3]
Algo Grande Engages AI-Metals to Advance AI-Driven Integration Across Adelita Data; Reinforces Target Framework from Prior Geophysical Programs
TMX Newsfile· 2026-01-15 12:30
Core Viewpoint - Algo Grande Copper Corp. has engaged AI-Metals to implement a 12-month AI-driven data reprocessing and integration program for its Adelita Copper-Gold-Silver Project in Sonora, Mexico, aiming to enhance exploration techniques and reduce risks [1][2][8] Data Integration and Exploration Strategy - The integration of historical and new datasets is a key strategy to refine drill targeting and reduce exploration risk [2][8] - The AI-Metals platform will be continuously updated with new geological, geochemical, and geophysical data generated from ongoing drilling and field programs [3][8] Target Identification and Confirmation - The AI-driven analysis has identified zones where multiple independent datasets converge, enhancing the technical basis for target definition [4][6] - The results support the previously identified 32 high-priority exploration targets, indicating consistency with skarn-style copper mineralization near intrusive-carbonate contacts [5][6] Geological Insights - The integration of datasets reveals a large, structurally controlled skarn-porphyry mineral system at Adelita, with independent datasets converging along the same corridors [6][7] - Surface alteration, geochemical anomalies, and magnetic responses suggest vertical continuity from surface expressions into deeper mineralized zones, supporting systematic drill targeting [7][8] Future Exploration Plans - The integrated model will be used to refine drill targeting and support a Phase 2 exploration program planned for late Q1 to early Q2 2026 [17][8] - The AI-driven data integration enhances the understanding of the scale, architecture, and controls of the Adelita mineral system, reinforcing high-confidence targets [17] Market Engagement - Algo Grande has entered into a market-making services agreement with Independent Trading Group (ITG) to maintain liquidity for its common shares on the TSX Venture Exchange [18][22]
AuMEGA Metals Advances Isle aux Morts Granite as a Top Priority Target
TMX Newsfile· 2026-01-15 12:00
Core Insights - AuMEGA Metals Ltd has identified the Isle aux Morts Granite (IMG) as a high-priority drill target for the 2026 field season following favorable results from a multi-element surficial geochemistry interpretation [2][3] - The IMG is a large, underexplored felsic intrusion adjacent to the company's existing resource corridor, which currently hosts a defined gold Mineral Resource of 6.2 million tonnes grading 2.25 g/t gold for 450,000 ounces of Indicated Resources, and 3.4 million tonnes grading 1.44 g/t gold for 160,000 ounces of Inferred Resources [3][34] - The reinterpretation of the IMG suggests it may represent a previously unrecognized and potentially fertile mineral system, changing the exploration potential of this area [4][22] Geochemical Findings - The surficial geochemistry program involved the collection of 439 till samples across a survey grid, revealing large, coherent gold-in-till anomalies that are spatially related to geophysical lineaments [10][11] - Strong multi-element geochemical coherence was observed, with gold anomalies coinciding with elevated copper, molybdenum, and bismuth, indicating a potentially fertile gold and/or copper system [6][21] - The till material collected is homogeneous and suggests a proximal bedrock source for the geochemical responses, supporting the interpretation of structural control over mineralization [12][22] Target Areas and Future Plans - Seven target areas have been defined across the Cape Ray West area, with the Western Corridor identified as a significant target due to its geological setting and strong gold-in-till anomalism [15][16][29] - The company plans to extend surficial geochemistry coverage and geological mapping across the IMG, along with a focused diamond drilling program in summer 2026 to test high-conviction targets [29][34] - Assays from ongoing drilling and geochemical surveys are expected in the first quarter of 2026, which will further inform the exploration strategy [6][29]
ButcherBox Launches in Target
Prnewswire· 2026-01-15 11:00
Core Insights - ButcherBox, a leading direct-to-consumer meat and seafood brand, has launched fresh, 100% grass-fed beef products in over 1,400 Target stores nationwide, marking its first major retail partnership [1][3][4] Group 1: Product Launch and Offerings - The product offerings include ground beef, ribeye steak, NY strip steak, and top sirloin steak, all of which are 100% grass-fed, grass-finished, and free from antibiotics and added hormones [3][4] - The exclusive products will be available in 1,463 Target locations across 326 cities starting January 2026 [4] Group 2: Strategic Expansion and Market Insights - The launch represents a strategic expansion for ButcherBox, aiming to make its rigorously sourced proteins more accessible to a broader consumer base [2][5] - ButcherBox's entry into retail aligns with Target's commitment to enhancing its wellness-focused offerings, particularly in the food and beverage category [5][6] Group 3: Consumer Behavior and Market Trends - Despite the rise of online grocery shopping, nearly 60% of Americans still make an average of 2.1 trips to grocery stores per week, indicating a continued demand for in-store shopping [5] - The introduction of fresh products aims to address the common consumer dilemma of deciding what to prepare for dinner, enhancing the brand's relevance in everyday meal planning [6] Group 4: Financial Performance - In 2025, ButcherBox's subscription-based business generated over $570 million in revenue, reflecting more than 10% year-over-year growth [7] - Since its inception in 2015, ButcherBox has delivered over a billion meals to nearly two million households [7]
Target (TGT) Ascends While Market Falls: Some Facts to Note
ZACKS· 2026-01-14 23:46
Company Performance - Target (TGT) closed at $109.79, with a +1.07% change, outperforming the S&P 500's -0.53% loss on the same day [1] - Over the past month, Target's shares have increased by 11.22%, while the Retail-Wholesale sector gained 5.07% and the S&P 500 gained 2.06% [1] Upcoming Financial Results - Target's upcoming earnings per share (EPS) are projected to be $2.16, indicating a 10.37% decrease from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $30.56 billion, down 1.14% from the previous year [2] Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of $7.3 per share and revenue of $104.89 billion, reflecting year-over-year changes of -17.61% and -1.57%, respectively [3] - Recent adjustments to analyst estimates for Target are important as they reflect short-term business trends [3] Analyst Ratings and Stock Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 stocks averaging a +25% annual return since 1988 [5] - Target currently holds a Zacks Rank of 3 (Hold), with a recent upward shift of 0.04% in the EPS estimate [5] Valuation Metrics - Target has a Forward P/E ratio of 14.89, compared to the industry average of 29.85, suggesting it is trading at a discount [6] - The PEG ratio for Target is 11.82, while the industry average is 3.32, indicating a significant difference in expected earnings growth [6] Industry Context - The Retail - Discount Stores industry ranks in the top 9% of all industries, with a current Zacks Industry Rank of 20 [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]