The objective of healthy returns in a quick time is generally achieved by exposure to growth stocks. However, there are opportunities where blue-chip stocks can surge higher from undervalued levels. The advantage is that investors can have a low-beta portfolio that delivers returns that can potentially match the returns of a high-beta portfolio. The focus of this column is on blue-chip stocks that are likely to double within the next 24 months. It's not uncommon to see blue-chip stocks trading at a valuatio ...

VANCOUVER, BC, Aug. 13, 2024 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the filing of its operating and financial results for the three and six months ended June 30, 2024. All amounts are expressed in U.S. dollars unless otherwise noted. David Garofalo, Chairman and CEO of Gold Royalty, commented: "The second quarter of 2024 was transformational for Gold Royalty as we meaningfully enhanced our growth outlook through the Vares Copper Strea ...

Geopolitical worries have more to do with gold rising to record highs than does inflation, Barrick Gold Corp.'s GOLD chief executive said Monday in a conference call accompanying second quarter results. "The gold price is up because the world's in a mess, not because of inflation," Barrick CEO Mark Bristow said on a conference call. "Inflation is part of that mess." He also said the market is undervaluing the company's gold and copper mines. Gold is often viewed as a safe-haven investment in times of econom ...

Barrick Gold Corporation (GOLD) recorded net earnings (on a reported basis) of $370 million or 21 cents per share in second-quarter 2024, up from a profit of $305 million or 17 cents in the year-ago quarter. Barring one-time items, adjusted earnings per share were 32 cents. The figure beat the Zacks Consensus Estimate of 26 cents. Barrick recorded total sales of $3,162 million, up 11.6% year over year. The figure beat the Zacks Consensus Estimate of $3,015.7 million. Operational Highlights Total gold produc ...

salajean/iStock via Getty Images Barrick Gold (NYSE:GOLD) just reported its second quarter earnings, and the stock skyrocketed by more than 9% on the day following the release. Barrick Gold Corp (GOLD) Total Return Barnex Obla Colp (GOLD) Total Return VanEck Gold Miners ETF (GDX) Total Return Nasdaq Composite (*IXIC) Total Return 18.99% 0.00% -15.00% 30.00% Jan '24 Mar '24 May 24 Jul '24 Seeking AlphaQ Pag 13, 2024, 5:33 AM EDT Powered by YCHARTS Data by YCharts Although the market was clearly caught off-gu ...

H Therefor H F UNITE THE AUTH H THE HO 1 i 1 ANNY H t 1 r 4 P H H ATTERY 1 in t II H 11:47 H 11 2 THE H th I MARK I # I ALL PROPERTY 1 I T D B H p I mikulas 1 Barriek Gold Corporation (NYSE:GOLD) investors have experienced a resurgence in bullish sentiments as GOLD stock nearly re-tested its July 2024 highs. The SPDR Gold Shares ETF (GLD) has also been bolstered by the return in gold optimism, as gold investors sought a safe haven amid the heightened geopolitical tensions. The simmering geopolitical tension ...

文章核心观点 - 美元信心下降,以美元计价的商品如黄金和石油价格可能上涨 [6] - 分析师预测黄金价格可能上涨至每盎司2700美元,这有助于推动巴里克黄金股价上涨 [7] - 巴里克黄金二季度财报显示收入和利润均有大幅增长,预示未来业绩可能继续向好 [8][11][12][13] - 分析师对巴里克黄金股价预测普遍看好,给出了27美元的目标价 [16][17] - 机构投资者近期增持了巴里克黄金股票,显示对公司前景的信心 [19] 公司表现 1. 收入增长12%,净利润增长25% [8][11] 2. 预计下半年产量将提高、成本下降,利润有望进一步提升 [13] 3. 公司自由现金流为3.4亿美元,为进一步回购股票和投资增长项目提供支持 [14] 行业前景 1. 部分国家正在增加黄金储备,预示黄金价格可能上涨 [15] 2. 分析师普遍看好黄金价格走势,预测未来12个月内黄金价格可能上涨至每盎司2700美元 [7] 3. 与同行相比,巴里克黄金未来12个月的每股收益增长预期更高 [17]

Key Takeaways Barrick Gold shares surged more than 9% on Monday after the Canada-based gold miner posted betterthan-expected second-quarter results, driven by buoyant gold prices and robust production. The company reported gold production of 948,000 ounces, easily surpassing estimates of 905,800 ounces, helping to eases concerns over output. The share price has broken out from a flag, a chart pattern that indicates a continuation of the current move higher. Amid further upside in Barrick Gold shares, invest ...

财务数据和关键指标变化 - 归属于公司股东的EBITDA利润率上升至48% [8][9] - 自由现金流大幅增长 [8][9] - 黄金边际利润上升39%,铜边际利润上升124% [9] - 经调整每股净收益增长68% [9] - 扣除现金的净债务减少12% [9] - 重启股票回购计划,维持每股0.10美元的季度股息 [9] 各条业务线数据和关键指标变化 - 黄金产量略有增加,成本基本持平 [10] - 铜产量增加,成本下降得益于品位提高和采矿设备升级 [10] - 预计下半年PV、Turquoise Ridge和La Moana的产量将大幅提升 [10] 各个市场数据和关键指标变化 - 北美方面,Turquoise Ridge产量增加16%,Carlin和Cortez进行了一些调整 [14][17] - 拉丁美洲和亚太地区,PV项目扩建和矿山延寿正在推进 [18][20] - 非洲和中东地区,Loulo-Gounkoto和Kibali表现稳定 [21][23] - 坦桑尼亚的North Mara和Bulyanhulu产量和成本均有所改善 [25] - 赞比亚的Lumwana铜矿产量和成本均符合计划,正在进行超级矿坑扩建 [25][26] 公司战略和发展方向及行业竞争 - 公司正在推进Fourmile、Lumwana超级矿坑和Reko Diq等重大增长项目 [26][27] - 这些项目将支撑公司在本十年内将黄金等价产量增加30% [27] - 公司拥有无与伦比的增长组合,在行业中独树一帜 [28] - 公司认为其股票目前严重被低估,仅凭Nevada金矿和铜业务的价值就超过目前的市值 [29][31] 管理层对经营环境和未来前景的评论 - 公司在安全、财务和运营方面的表现都呈现积极趋势,反映了公司全方位的交付能力 [8] - 产量增加和利润率提升为下半年奠定了良好基础 [8] - 公司正在积极应对各地区的挑战,如马里政府对利益分享的要求、赞比亚的电力限制等 [37][40][42] - 公司有信心能够应对这些挑战,并通过自身的技术和管理能力来实现可持续发展 [37][40][42] 其他重要信息 - 公司在可持续发展方面采取了全面的方法,包括制定行业首创的可持续发展记分卡 [11][12] - 公司在内华达州新增200兆瓦的太阳能发电,进一步提高可再生能源占比 [13] - 公司正在积极处理遗留的环境和社会责任,如智利的税收争议、秘鲁的Pierina矿关闭等 [102][103][105][106] 问答环节重要的提问和回答 问题1 **Lawson Winder 提问** 询问La Moana项目在赞比亚电力供应受限的情况下的电力解决方案 [35][36][37][38][39][40][41][42] **Mark Bristow 回答** 公司已采取多项措施应对电力供应问题,包括与电网公司达成协议购买外部电力、自建备用柴油发电设施,以及与政府合作改善电网基础设施等 [37][38][39][40][41][42] 问题2 **Josh Wolfson 提问** 询问公司未来的资本配置策略,是否会继续进行股票回购 [43][44][45][46] **Mark Bristow 回答** 公司将继续采取机会性的股票回购,但同时也会保持谨慎,确保有足够资金支持增长项目的资本开支 [44][45][46][109][110][111] 问题3 **Anita Soni 提问** 询问公司是否考虑提高黄金储量和资源的价格假设,以反映当前的通胀压力 [155][156][157][158][159][160] **Mark Bristow 和 Graham Shuttleworth 回答** 公司会根据具体情况评估是否需要调整价格假设,但总体上会保持谨慎,避免过度侵蚀矿体价值 [156][157][158][159][160]

24 Michael McCrae Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was cofounder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae. Share Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metal ...