Centerra Gold Inc.
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Steel Dynamics Raises Dividend 6% on Cash Generation Strength
ZACKS· 2026-02-27 13:50
Key Takeaways STLD raised its Q1 2026 dividend 6% to 53 cents per share, payable on April 10, 2026. Steel Dynamics held $769.9M in cash, up 31% YoY, with $272.7M in operating cash flow. STLD returned $291M in dividends and $901M in buybacks in fiscal 2025. Steel Dynamics, Inc. (STLD) recently announced that its board of directors has approved a 6% increase in the company’s first-quarter 2026 cash dividend, raising the payout to 53 cents per share compared with the quarterly rate in 2025. This dividend will ...
Centerra Gold (CGAU) Delivers Strong 2025 Performance with Surpassing Gold, Copper Production
Yahoo Finance· 2026-02-27 10:14
Centerra Gold Inc. (NYSE:CGAU) is one of the best Canadian stocks to buy under $20. On February 20, Centerra Gold reported full-year 2025 production of over 275,000 ounces of gold and 50 million pounds of copper, ending the year with a strong cash balance of $529 million. For Q4, the company achieved adjusted net earnings of $83 million, or $0.41 per share, and generated $12 million in free cash flow. Strategic milestones included extending the Mount Milligan mine life to 2045 and securing permits throug ...
Headwater Gold Announces Private Placement of Common Shares for Gross Proceeds of up to $5 Million
Globenewswire· 2026-02-26 21:47
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (Frankfurt: 997) (the "Company" or "Headwater") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. as lead agent and sole bookrunner (the “Agent”), in connection with a “commercially reasonable efforts” private placement of up to 8,621,000 common shares of the Compa ...
Azimut and KGHM Expand the High-Grade Nickel-PGE Perseus Zone, Kukamas Property, James Bay Region, Quebec
Globenewswire· 2026-02-26 11:30
Core Viewpoint - Azimut Exploration Inc. has announced positive results from its 2025 diamond drilling program on the Kukamas Property, indicating significant nickel and platinum group element (PGE) mineralization, which enhances the property's exploration potential [2][3]. Drilling Program Results - The 2025 drilling program included 14 holes totaling 3,803.8 meters, aimed at expanding nickel-PGE sulphide mineralization in the Perseus Zone and testing new targets along a 1.6-kilometer komatiite trend [4]. - Notable drilling highlights include: - Hole KUK25-010: 1.41% Ni, 0.85 g/t PGE over 15.25 m [6] - Hole KUK25-012: 1.77% Ni, 1.04 g/t PGE over 7.5 m [6] - Hole KUK25-013: 4.27% Ni, 2.63 g/t PGE over 8.6 m [6] Property and Joint Venture Details - KGHM International Ltd has acquired a 50% interest in the Kukamas Property and has opted to enter a second phase to earn an additional 20% interest through further funding [3][18]. - The Kukamas Property spans 41 kilometers with a total area of 337.8 square kilometers, benefiting from significant infrastructure [12]. Geological Context - The Perseus Main Zone is characterized by high nickel content and is defined over a strike extent of 135 meters and a vertical depth of 100 meters [7]. - The geological context suggests substantial exploration potential for additional mineralized zones, with similarities to Kambalda-type deposits known for high-grade nickel [10][11]. Future Plans - A 2026 work program is being prepared, with details to be announced soon, indicating ongoing exploration efforts [3].
Gold & Silver Shine Again on Fresh Tariff Threats: 4 Stocks to Buy
ZACKS· 2026-02-24 17:50
Key Takeaways Gold and silver jumped as fresh tariff threats and tensions revived safe-haven demand.First Majestic Silver delivered a record 15.4M oz output in 2025, up 84% year over year.New Gold generated over $530M in 2025 free cash flow while advancing key growth projects.Gold and silver delivered exceptional gains last year as investors rushed toward safe-haven assets amid growing economic and geopolitical uncertainty. That momentum carried into 2026, with spot gold briefly surging past $5,500 per ounc ...
After the Gold Rush: This Investment Manager Bets Even Bigger on Gold
Yahoo Finance· 2026-02-23 20:35
On February 10, 2026, Hillsdale Investment Management Inc. disclosed a buy of 1,356,660 Centerra Gold (NYSE:CGAU) shares, an estimated $16.98 million trade based on quarterly average pricing. What happened According to a Securities and Exchange Commission (SEC) filing dated February 10, 2026, Hillsdale Investment Management increased its Centerra Gold position by 1,356,660 shares last quarter, an estimated $16.98 million trade based on average closing prices from October through December 2025. The value ...
Headwater Gold Announces Completion of Drilling Campaigns at the Lodestar and TJ Projects, Nevada
Thenewswire· 2026-02-23 11:30
Vancouver, British Columbia - TheNewswire - February 23, 2026: Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (the "Company" or "Headwater") is pleased to announce the completion of drill programs at the Lodestar and TJ projects located in Nevada, United States. Lodestar drilling was 100% funded by Newmont Corporation (“Newmont”) (NYSE: NEM, ASX: NEM, PNGX: NEM) through an earn-in agreement announced on May 9, 2023. TJ drilling was 100% funded by OceanaGold Corporation (“OceanaGold”) (TSX: OGC, OTCQX: OCA ...
Centerra Gold Reports Fourth Quarter and Full Year 2025 Results; Delivered Robust Annual Production and Beat Cost Guidance; 2026 Outlook Remains Strong as Centerra Executes its Self-Funded Growth Strategy
Globenewswire· 2026-02-19 22:00
Core Viewpoint - Centerra Gold Inc. reported strong operational and financial results for Q4 and full year 2025, with a focus on disciplined capital allocation and growth initiatives, while providing guidance for 2026 production and costs [2][3][11]. Operational Highlights - In Q4 2025, consolidated gold production was 70,853 ounces, with Mount Milligan contributing 44,105 ounces and Öksüt contributing 26,748 ounces. Full year production reached 275,316 ounces, exceeding guidance [4][25]. - Copper production in Q4 2025 was 13.0 million pounds, with full year production totaling 50.5 million pounds, in line with guidance [4][25]. - Gold sales in Q4 2025 were 68,143 ounces at an average realized price of $3,415 per ounce, while full year sales were 271,210 ounces at an average price of $2,994 per ounce [4][13]. Financial Performance - Q4 2025 net earnings were $192.8 million, or $0.96 per share, a significant increase from a loss in the previous year. Full year net earnings were $584.0 million, or $2.85 per share [8][13]. - Cash provided by operating activities in Q4 2025 was $103.1 million, with free cash flow of $12.0 million. Full year cash provided by operating activities was $348.6 million, with free cash flow of $95.0 million [8][13][38]. Capital Expenditures - In Q4 2025, capital expenditures totaled $96.0 million, with $115.2 million in additions to property, plant, and equipment. Full year capital expenditures were $255.2 million [5][13]. - For 2026, sustaining capital expenditures are expected to be $85 to $105 million, while non-sustaining expenditures are projected to be $260 to $315 million, primarily driven by the Thompson Creek restart project [14][19]. Strategic Growth Initiatives - The Kemess Preliminary Economic Assessment indicated a potential after-tax NPV5% of $1.1 billion and an IRR of 16%, with significant upside at higher commodity prices [7][11]. - The Mount Milligan Life of Mine extension to 2045 was confirmed, with a disciplined growth capital plan of approximately $186 million [9][30]. - The Goldfield project showed robust economics with an after-tax NPV5% of $245 million, expected to deliver first production by the end of 2028 [9][11]. 2026 Guidance - Consolidated gold production for 2026 is expected to be between 250,000 and 280,000 ounces, with copper production projected at 50 to 60 million pounds [12][18]. - Gold production costs are anticipated to be $1,500 to $1,600 per ounce, with AISC on a by-product basis expected to be $1,650 to $1,750 per ounce [12][18].
Thesis Gold Announces Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44M
Prnewswire· 2026-02-19 12:19
Core Viewpoint - Thesis Gold Inc. has announced a strategic investment from AngloGold Ashanti, which will acquire 5% of the company's common shares for C$38.67 million, validating the potential of the Lawyers-Ranch Project [1] Group 1: Investment Details - AngloGold Ashanti will purchase 13,858,883 common shares at a price of C$2.79 per share, representing the volume weighted average price on February 18, 2026 [1] - Centerra Gold Inc. will also participate in the private placement, acquiring 2,059,730 common shares at the same price, resulting in a 9.9% ownership stake in the company [1] - The total gross proceeds from both subscriptions will amount to approximately C$44.41 million [1] Group 2: Use of Proceeds - Proceeds from the subscriptions will be allocated for working capital and general corporate purposes, including ongoing technical studies at the Lawyers-Ranch gold-silver Project [1] Group 3: Project Overview - The Lawyers-Ranch Project has demonstrated strong project economics, with a 54.4% after-tax internal rate of return (IRR) and an after-tax net present value (NPV) of C$2.37 billion at gold and silver prices of US$2,900/oz and US$35/oz, respectively [1] - The company is advancing the Environmental Assessment Process and plans to initiate a Feasibility Study in 2026 to further de-risk the project [1]
Element Solutions Q4 Earnings & Revenues Surpass Estimates
ZACKS· 2026-02-18 18:55
Core Insights - Element Solutions Inc. (ESI) reported earnings of 3 cents per share for Q4 2025, down from 23 cents in the same quarter last year, but adjusted earnings were 37 cents per share, exceeding the Zacks Consensus Estimate of 36 cents [1][7] - The company achieved net sales of $676.2 million, an increase of approximately 8% year-over-year, surpassing the Zacks Consensus Estimate of $623.9 million, with organic net sales rising by 10% [1][7] Financial Performance - ESI's Electronics segment saw net sales increase by 21% year-over-year to $487.3 million, with organic net sales up 13%, beating the consensus estimate of $436 million [3] - In contrast, the Specialties segment experienced a 15% decline in net sales to $188.9 million, although organic net sales increased by 4%, exceeding the consensus estimate of $188 million [3][2] Financial Position - At the end of the quarter, ESI had cash and cash equivalents of $626.5 million, a 74.3% increase from the previous year, while long-term debt decreased to $1,625.9 million from $1,813.6 million [4] - Cash from operating activities was reported at $91.1 million, with free cash flow amounting to $82.8 million for the quarter [4] Future Outlook - For the full year 2026, ESI anticipates adjusted EBITDA in the range of $650 million to $670 million, with a first-quarter expectation of adjusted EBITDA between $140 million and $155 million [5][7] Stock Performance - ESI's shares have increased by 22.4% over the past year, compared to a 3.1% rise in the industry [6]