Rare Earth Archives - Page 16 of 41

Val-d'Or, Quebec–(Newsfile Corp. – June 7, 2021) – Abitibi Royalties Inc. (TSXV: RZZ) (OTC: ATBYF) ("Abitibi Royalties" or the "Company") announces that the Company's monthly dividend payments of CDN$0.015 per common share for Q3-2021 will be paid as follows:

Record Date	Payment Date	Payment Amount ($CDN)
July 5, 2021	July 30, 2021	$0.015
August 6, 2021	August 31, 2021	$0.015
September 3, 2021	September 30, 2021	$0.015

The September 2021 payment will represent the 21^st dividend payment made to shareholders since the Company's adoption of a dividend policy in September 2019. The full amount of the dividends will be designated as an "eligible dividend" as defined in the Income Tax Act (Canada).

About Abitibi Royalties

Abitibi Royalties owns various royalties at the Canadian Malartic Mine near Val-d'Or Québec. In addition, the Company is building a portfolio of royalties on early-stage properties near producing mines and generating mineral projects for sale or option. The Company is unique among its peers due to its strong treasury, no debt, monthly dividend, share buyback program and limited number of shares.

For additional information, please contact:
Shanda Kilborn – Director, Corporate Development
2864 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 1-888-392-3857
Email: info@abitibiroyalties.com

Forward Looking Statements:

This news release contains certain statements that may be deemed "forward-looking statements". Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86682

Just because a business does not make any money, does not mean that the stock will go down. For example, Globe Metals & Mining (ASX:GBE) shareholders have done very well over the last year, with the share price soaring by 1,015%. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

In light of its strong share price run, we think now is a good time to investigate how risky Globe Metals & Mining's cash burn is. For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.

See our latest analysis for Globe Metals & Mining

How Long Is Globe Metals & Mining's Cash Runway?

A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. As at December 2020, Globe Metals & Mining had cash of AU$3.9m and no debt. Looking at the last year, the company burnt through AU$2.3m. So it had a cash runway of approximately 21 months from December 2020. While that cash runway isn't too concerning, sensible holders would be peering into the distance, and considering what happens if the company runs out of cash. You can see how its cash balance has changed over time in the image below.

How Is Globe Metals & Mining's Cash Burn Changing Over Time?

Globe Metals & Mining didn't record any revenue over the last year, indicating that it's an early stage company still developing its business. Nonetheless, we can still examine its cash burn trajectory as part of our assessment of its cash burn situation. Over the last year its cash burn actually increased by 20%, which suggests that management are increasing investment in future growth, but not too quickly. However, the company's true cash runway will therefore be shorter than suggested above, if spending continues to increase. Admittedly, we're a bit cautious of Globe Metals & Mining due to its lack of significant operating revenues. We prefer most of the stocks on this list of stocks that analysts expect to grow.

Can Globe Metals & Mining Raise More Cash Easily?

While Globe Metals & Mining does have a solid cash runway, its cash burn trajectory may have some shareholders thinking ahead to when the company may need to raise more cash. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. Many companies end up issuing new shares to fund future growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn.

Globe Metals & Mining has a market capitalisation of AU$68m and burnt through AU$2.3m last year, which is 3.4% of the company's market value. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan.

Is Globe Metals & Mining's Cash Burn A Worry?

On this analysis of Globe Metals & Mining's cash burn, we think its cash burn relative to its market cap was reassuring, while its increasing cash burn has us a bit worried. Considering all the factors discussed in this article, we're not overly concerned about the company's cash burn, although we do think shareholders should keep an eye on how it develops. An in-depth examination of risks revealed 2 warning signs for Globe Metals & Mining that readers should think about before committing capital to this stock.

Of course Globe Metals & Mining may not be the best stock to buy. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

KELOWNA, BC / ACCESSWIRE / June 7, 2021 / Diamcor Mining Inc. (TSX-V:DMI)(OTCQB:DMIFF), ("Diamcor" or, the "Company") a company with a proven history of supplying rough diamonds to the world market, announced today that it will be presenting virtually at the upcoming LD Micro Invitational XI event on Tuesday, June 8th at 10:30 am EDT.

Event: LD Micro Invitational XI

Date: Tuesday, June 8th, 2021

Time: 10:30 – 10:55 am EDT in Track 3

Summary of LD Micro Invitational XI Event

The 2021 LD Micro Invitational will be held on the Sequire Virtual Events platform on Tuesday, June 8th – Thursday, June 10th, 2021.

The festivities run from 7:00 AM PT – 3:00 PM PT / 10:00 AM ET – 6:00 PM ET each day.

This three-day, virtual investor conference is expected to feature around 180 companies, presenting for 25 minutes each, as well as several influential keynotes. The first day of this conference will also feature an exceptional one-time event: the LD Micro Hall of Fame.

About Diamcor Mining Inc.

Diamcor Mining Inc. is a fully reporting publicly traded junior diamond mining company which is listed on the TSX Venture Exchange under the symbol V.DMI, and on the OTC QB International under the symbol DMIFF. The Company has a well-established operational and production history in South Africa and extensive prior experience supplying rough diamonds to the world market.

About LD Micro (NASDAQ:SRAX)

LD Micro aims to be the most crucial resource in the micro-cap world. Whether it is the index, comprehensive data, or hosting the most significant events on an annual basis, LD's sole mission is for the Texas Rangers to win the World Series and serve as an invaluable asset for all those interested in finding the next generation of great companies.

http://www.ldmicro.com

Contact:
Mr. Dean H. Taylor
Diamcor Mining Inc
DeanT@Diamcor.com
+1 250 862-3212

Mr. Rich Matthews
Integrous Communications
rmatthews@integcom.us
+1 (604) 767-7179

This press release contains certain forward-looking statements. While these forward-looking statements represent our best current judgement, they are subject to a variety of risks and uncertainties that are beyond the Company's ability to control or predict and which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Further, the Company expressly disclaims any obligation to update any forward looking statements. Accordingly, readers should not place undue reliance on forward-looking statements.

WE SEEK SAFE HARBOUR

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Diamcor Mining Inc.

View source version on accesswire.com:
https://www.accesswire.com/650780/Diamcor-to-Present-at-LD-Micro-Invitational-XI

VANCOUVER, June 7, 2021 /CNW/ – (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC)

Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce the recovery of a 470 carat top light brown clivage diamond from its 100% owned Karowe Diamond Mine located in Botswana (image attached). The diamond, measuring 49x42x26mm, was recovered from direct milling of ore sourced from the EM/PK(S) unit of the South Lobe. The 470 carat recovery forms a notable contribution to a series of top quality gem and clivage quality diamond recoveries during a recent production run, including an additional 5 diamonds greater than 100 carats (265ct, 183ct, 161ct, 116ct, 106ct) and 13 diamonds between 50 and 100 carats in weight. The May production run, dominated by EM/PK(S) ore, produced diamonds greater than 10.8 carat in weight accounting for 12.7% weight percent of total production, exceeding resource expectations. Continued strong resource performance and recovery of large diamonds reinforces the significance of the EM/PK(S) as an important economic driver for the proposed underground mine at Karowe. View PDF version.

470 carat diamond recovered from the Karowe Mine in Botswana (CNW Group/Lucara Diamond Corp.)

The 470 carat diamond was recovered in the Coarse XRT circuit and represents the third +300 carat diamond recovered to date in 2021. Year to date, Karowe has produced 10 diamonds greater than 100 carats including 6 diamonds greater than 200 carats, including the 341 carat (link to press release) and 378 carat (link to press release) top white diamonds recovered in January 2021.

Eira Thomas, CEO commented: "The benefits of a South Lobe dominated mine-plan continue to be realized in 2021 and underpins our confidence in the ever-improving Karowe resource as we mine deeper in the open pit to 2026 and move into underground mining out to at least 2040. Both main rock types from the South Lobe continue to deliver large, high value diamonds, including 6 diamonds greater than 200 carats in the first five months of this year alone. Our operations remain safe, stable and strong, maintaining all COVID-19 protocols."

This press release has been reviewed and approved by Dr. John Armstrong, Ph.D. P.Geol., Vice-President, Technical Services of the Company and a "Qualified Person" for the purposes of National Instrument 43-101.

Eira Thomas
President and Chief Executive Officer

Follow Lucara Diamond on Facebook, Twitter, Instagram, and LinkedIn

ABOUT LUCARA
Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Mine in Botswana and owns a 100% interest in Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from mine to finger. The Company has an experienced board and management team with extensive diamond development and operations expertise. The Company operates transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment and community relations.

The information in this release is accurate at the time of distribution but may be superseded or qualified by subsequent news releases.

This information is information that the Company is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2:15pm Pacific Time on June 7, 2021.

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
Certain of the statements made and contained herein and elsewhere constitute forward-looking statements as defined in applicable securities laws. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved.

Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. The Company believes that expectations reflected in this forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be accurate and such forward-looking information included herein should not be unduly relied upon. The value of the Company's shares, its financial results and its mining activities are significantly affected by the price and marketability of the diamonds recovered. The sales price of a diamond is determined by its characteristics. While the Karowe Diamond Mine has produced a number of large, high-value diamonds in excess of 100 carats, there is no assurance that the diamonds recovered which are 100 carats or larger will have the characteristics required to achieve a high sales price.

There can be no assurance that such forward looking statements will prove to be accurate, as the Company's results and future events could differ materially from those anticipated in this forward-looking information as a result of those factors discussed in or referred to under the heading "Risks and Uncertainties" in the Company's most recent Annual Information Form available at http://www.sedar.com, as well as changes in general business and economic conditions, changes in interest and foreign currency rates, the supply and demand for, deliveries of and the level and volatility of prices of rough diamonds, costs of power and diesel, acts of foreign governments and the outcome of legal proceedings, inaccurate geological and recoverability assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources), and unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications or expectations, cost escalations, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job actions, adverse weather conditions, and unanticipated events relating to health safety and environmental matters).

Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date the statements were made, and the Company does not assume any obligations to update or revise them to reflect new events or circumstances, except as required by law.

Lucara Recovers 470 Carat Diamond from the Karowe Mine in Botswana (CNW Group/Lucara Diamond Corp.)

SOURCE Lucara Diamond Corp.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/07/c9950.html

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

TORONTO, June 07, 2021 (GLOBE NEWSWIRE) — Plato Gold Corp. (TSX-V: PGC; Frankfurt: 4Y7 or WKN: A0M2QX) (“Plato” or the “Company”) is pleased to announce that, due to significant investor demand, it has increased the size of its previously announced non-brokered private placement (see news release dated May 6, 2021) to aggregate gross proceeds of up to $350,000 (the “Offering”). Closing of the Offering is expected to occur on or about June 10, 2021.

The Offering will now be composed of (i) up to 5,100,000 flow-through shares (“FT Shares”) at a price of $0.05 per FT Share for gross proceeds of up to $255,000; and (ii) up to 1,900,000 hard dollar units (“HD Units”) at a price of $0.05 per HD Unit for gross proceeds of up to $95,000. Each HD Unit shall be composed of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share (a “Warrant Share”) at a price of $0.07 per Warrant Share until the date which is twenty-four (24) months following the closing date of the Offering, whereupon the Warrants will expire. Each FT Share shall be composed of one Common Share issued on a flow-through basis within the meaning of the Income Tax Act (Canada) (the “Tax Act”).

Eligible finders who introduce an investor to the Offering will be paid (i) a cash commission of up to 8% of the gross proceeds raised by the finders in respect of the sale of FT Shares and Units pursuant to the Offering; and (ii) that number of compensation options (the “Finder Unit Warrants”) exercisable to acquire that number of Units as is equal to up to 8% of the number of FT Shares and Units sold with the assistance of the finders pursuant to the Offering. Each Finder Unit Warrant will entitle the holder to acquire one (1) Unit (a “Finder Unit”) at the exercise price of C$0.05 per Finder Unit for a period of 24 months from the issuance of Finder Unit Warrants. Each Finder Unit shall be composed of one Common Share and one Common Share purchase warrant (a “Finder Warrant”). Each Finder Warrant will entitle the holder to purchase one Common Share (a “Finder Warrant Share”) at a price of $0.07 per Finder Warrant Share until the date which is twenty-four (24) months following the closing date of the Offering.

Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “Exchange”) and applicable securities regulatory authorities. The securities issued and issuable pursuant to the Offering will be subject to a four month and one day statutory hold period. In connection with the Offering, the Company may pay commissions to eligible persons in accordance with the policies of the Exchange.

The proceeds raised from the sale of the FT Shares will be used to incur “Canadian exploration expenses” that are “flow-through mining expenditures” (as such terms are defined in the Tax Act) to pay for assay results on over 2,000 meters of drill core from the Company’s Good Hope Niobium Project near Marathon, Ontario and to fund the Company’s other properties in Ontario, Canada. The proceeds raised from the sale of the HD Units will be used for general working capital purposes and for exploration expenses on the Company’s properties.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Plato Gold Corp.

Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange and Frankfurt Exchange with projects in Timmins, Ontario, Marathon, Ontario and Santa Cruz, Argentina.

The Timmins, Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold.

In Argentina, Plato owns a 95% interest in Winnipeg Minerals S.A. (“WMSA”), an Argentina incorporated company that holds a number of contiguous mineral rights totalling 9,672 hectares with potential for gold and silver.

The Good Hope Niobium Project consists of approximately 5,146 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon, Ontario with the primary target being niobium.

The Pic River Platinum Group Metals (PGM) Project consists of 2,247 hectares in Foxtrap Lake and Grain Township, near Marathon, Ontario of which 19 claims are contiguous to the western boundary of Generation Mining’s Marathon PGM project and is located on strike to Generation Mining’s Sally deposit.

For additional company information, please visit: www.platogold.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

For further information, please contact:

Anthony Cohen
President and CEO
Plato Gold Corp.
T: 416-968-0608
F: 416-968-3339
info@platogold.com
www.platogold.com

Forward Looking Statements

This news release contains “forward-looking statements”, within the meaning of applicable securities laws. These statements include, but are not limited to, completion of the Offering, statements regarding the potential mineralization and resources, exploration results, concentrations of pay minerals may offset operating costs and future plans and objectives. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include but are not limited to: changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that with further test work may not be comparable; testing of our process may not prove successful and even it tests are successful, the economic and other outcomes may not be as expected; the availability of labour, equipment and markets for the products produced; conditions changing such that the minerals on our property cannot be economically mined, or that the required permits cannot be obtained; and an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restrictions on labour and international travel and supply chains. Although management of Plato has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

TORONTO, June 7, 2021 /CNW/ – LAURION Mineral Exploration Inc. (TSXV: LME) (OTCPINK: LMEFF) ("LAURION" or the "Corporation") is pleased to announce that it has closed its previously-announced non-brokered private placement (the "Private Placement") consisting of an aggregate of 603,526 units. Pursuant to the Private Placement, the Corporation issued 369,400 flow-through units (the "FT Units") at a subscription price of $0.67 per FT Unit and 234,126 non flow-through units (the "Non-FT Units") at a subscription price of $0.63 per Non-FT Unit, for aggregate gross proceeds to the Corporation of $395,000.

Each FT Unit consists of one common share of the Corporation issued as a "flow-through share" (as defined in subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act")) (each, a "FT Share") and one common share purchase warrant (each, a "Warrant"). Each Non-FT Unit consists of one non flow-through common share of the Corporation and one Warrant. Each Warrant (whether comprising part of a FT Unit or a Non-FT Unit) entitles the holder thereof to acquire one non flow-through common share of the Corporation at a price of $0.72 per share for a period of 12 months from the date of issuance.

The gross proceeds allocable to the FT Shares comprising the FT Units will be used for "Canadian exploration expenses" (within the meaning of the Tax Act), which will qualify, once renounced, as "flow-through mining expenditures", as defined in the Tax Act, which will be renounced with an effective date of no later than December 31, 2021 (provided the subscriber deals at arm's length with the Corporation at all relevant times) to the initial purchasers of FT Units in an aggregate amount not less than the gross proceeds raised from the issue of the FT Units which are allocable to the FT Shares. The Corporation intends to use the net proceeds from the issue of Non-FT Units for exploration activities and general working capital purposes.

The Corporation did not pay any finders fees in connection with the closing of the Private Placement.

Pursuant to applicable Canadian securities laws, all securities issued pursuant to the Private Placement are subject to a hold period of four months and one day, expiring on October 5, 2021. The Private Placement remains subject to the final approval of the TSX Venture Exchange (the "TSXV").

About LAURION Mineral Exploration Inc.

The Corporation is a junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. The Corporation currently has 228,052,731 outstanding shares, of which approximately 79% of LAURION's issued and outstanding shares are owned and controlled by Insiders who are eligible investors under the "Friends and Family" categories.

LAURION's emphasis is on the development of its flagship project, the 100% owned mid-stage 47 km² Ishkoday Project, and its gold-silver and gold-rich polymetallic mineralization with a significant upside potential. The mineralization on Ishkoday is open at depth beyond the current core-drilling limit of -200 m from surface, based on the historical mining to a -685 m depth, in the past producing Sturgeon River Mine. The recently acquired Brenbar Property, which is contiguous with the Ishkoday Property, hosts the historic Brenbar Mine and LAURION believes the mineralization to be a direct extension of mineralization from the Ishkoday Property.

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements, which reflect the Corporation's current expectations regarding future events, including with respect to LAURION's business, operations and condition, management's objectives, strategies, beliefs and intentions, the use of proceeds from the Private Placement. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSXV not providing its final approval for the Private Placement, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Corporation's publicly filed documents. Investors should consult the Corporation's ongoing quarterly and annual filings, as well as any other additional documentation comprising the Corporation's public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update these forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

SOURCE Laurion Mineral Exploration Inc.

Cision

View original content: http://www.newswire.ca/en/releases/archive/June2021/07/c6289.html

VANCOUVER, BC / ACCESSWIRE / June 7, 2021 / Mawson Gold Limited ("Mawson") or (the "Company") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce metallurgical testwork results from the BATCircle joint research project geometallurgical orientation study of Mawson's 100%-owned Rajapalot gold-cobalt project in Finland. BATCircle is funded by Business Finland in cooperation with several consortium members, including Mawson, the Geological Survey of Finland (GTK) and Aalto University.

Key results from BATCircle:

Excellent gold recoveries by conventional cyanidation across multiple resource areas between 97.3% to 98.0% and compare well with earlier studies by Mawson;
Gravity concentration yielded recoveries for 44% for gold and 20% for cobalt. Gravity gold recoveries compare well with earlier studies by Mawson;
Flotation could be the most effective separation process to recover both gold and cobalt. Results suggest recovery rates and concentrate grades above 90% and 100g/t for gold, and between 23%-63% and above 1% for cobalt, with recovery rates between 78%-93% for cobaltite (the most common cobalt mineral at Rajapalot);
Magnetic separation can be used to selectively recover pyrrhotite (up to 90% recovery) at relatively low amperage (LIMS equivalent) and with it the cobalt content associated with the lesser cobalt-forming mineral at Rajapalot (linnaeite);
Next steps are further continuous cycle testwork to further optimize gold and cobalt recoveries and define a definitive flowsheet.

Mr. Hudson, Chairman and CEO, states, "The most comprehensive metallurgical studies performed at Rajapalot to date demonstrate excellent gold recoveries with a viable flowsheet which could include crushing and grinding, gravity recovery, and cyanide leaching with gold recovery via a carbon-in-pulp circuit for production of onsite gold doré.

Rajapalot is already the 7^th largest European cobalt resource, and the BATCircle test work has shown potential to obtain industrial acceptable recoveries to produce cobalt concentrates that could be further treated by hydrometallurgical methods (leaching, solvent extraction, purification) to produce cobalt sulphate. The battery supply chain, through to the customer, is demanding sustainable and ethically sourced metals and minerals, and the Finnish ability to deliver against these demands, via projects such as Rajapalot, is a unique and competitive advantage."

The full report from BATCircle entitled "Metallurgical testwork for the geometallurgical orientation study of the Mawson Gold's Rajapalot Au-Co project BATCircle Project Report 05 – WP1 Task 1.2" by Dehaine et al. (2021) can be downloaded here. Multiple samples from three geometallurgical end-members were chosen for the study from the Palokas and Raja resource areas. At Rajapalot, gold is present as free grains with low silver and copper content (gold is greater than 95% fineness). Gold extraction via cyanidation was over 97% for each sample. There was no sign of preg-robbing for any of the samples. Magnetic and gravity concentration yielded lower recoveries for gold below 50% for all sample types.

Rajapalot hosts cobalt minerals that form the most common primary cobalt ore minerals currently exploited, including sulpharsenides (cobaltite) and cobalt sulphides (linnaeite). Mineral processing tests results obtained in this study clearly highlight a mineralogical control over cobalt recovery. Cobaltite is preferentially recovered by flotation (78%-93%) and linnaeite through low amperage magnetic separation (up to 71% cobalt).

Flotation has been found to be an efficient technique both for gold and cobalt recovery, with recovery rates and concentrate grades above 90% and 100g/t for gold, and between 23%-63% and above 1% for cobalt, but cobalt recovery as high as 71% has been obtained during the magnetic separation of some ore types.

While the test work results described in this study do not allow for the establishment of a definitive flowsheet for the Rajapalot Au-Co project, it provides grounds for future work and the next stage of the geometallurgical campaign, whereby different process paths are tested. Next steps are further continuous cycle testwork to optimize gold and cobalt recoveries, and the development of a definitive flowsheet.

Technical Background

BATCircle is a project developed and funded by Business Finland (https://www.businessfinland.fi). This is a 21-million-euro project with 23 consortium partners, and is drawing to a close after 24 months. The BATCircle project was designed to be based around the concept of a Circular Ecosystem of Battery Metals in Finland. The concept includes both primary raw materials, downstream refining, and recycling in batteries. Most relevant Finnish operators in the existing battery business at all stages of the regional value chain are involved with the project in some form. Mawson provided sample materials and technical support.

NI 43-101 Technical Report: On September 14, 2020, an updated resource estimation was completed by Rodney Webster of AMC of Melbourne, Australia, and Dr. Kurt Simon Forrester of Arn Perspective of Surrey, England. Each of Mr. Webster and Dr. Forrester are independent "qualified persons" as defined by NI 43-101. The NI 43-101 technical report is entitled "Rajapalot Property Mineral Resource Estimate NI 43-101 Technical Report" and dated September 14, 2020 (the "Updated Technical Report"). The Updated Technical Report may be found on the Company's website at www.mawsongold.com or under the Company's profile on SEDAR at www.sedar.com. Readers are encouraged to read the entire Updated Technical Report.

Qualified Person

Dr. Nick Cook (FAusIMM), Chief Geologist for the Company, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure or Mineral Projects and has prepared or reviewed the preparation of the scientific and technical information in this press release.

About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)

Mawson Gold Limitedis an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration company with a focus on the flagship Rajapalot gold-cobalt project in Finland. Mawson also owns or is joint venturing into three high-grade, historic epizonal goldfields covering 470 square kilometres in Victoria, Australia and is well placed to add to its already significant gold-cobalt resource in Finland.

On behalf of the Board,

"Michael Hudson"
Michael Hudson, Chairman & CEO

Further Information:

www.mawsongold.com
1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez (Canada), Corporate Secretary, +1 (604) 685 9316, info@mawsongold.com

Forward-Looking Statement

This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, timing and successful completion of future testwork planned at Rajapalot, capital and other costs varying significantly from estimates, changes in world metal markets, changes in equity markets, the potential impact of epidemics, pandemics or other public health crises, including the current pandemic known as COVID-19 on the Company's business, planned drill programs and results varying from expectations, delays in obtaining results, equipment failure, unexpected geological conditions, local community relations, dealings with non-governmental organizations, delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

SOURCE: Mawson Gold Limited

View source version on accesswire.com:
https://www.accesswire.com/650622/Mawson-Announces-BATCircle-Geometallurgical-Testwork-for-the-Rajapalot-Gold-Cobalt-Project-Finland

(Adds detail on emissions, CEO comment on M&A, shares)

TORONTO, June 7 (Reuters) – West Africa-focused gold miner Endeavour Mining on Monday said it would target at least $500 million in shareholder returns through to 2023 with a progressive dividend policy ahead of a London listing expected next week.

Endeavour, which is set to list on the London Stock Exchange on or about June 14, is working to integrate new mines after a $2.7 billion acquisition spree in West Africa last year spooked some investors.

Minimum dividends would be set at $125 million, $150 million, and $175 million for fiscal 2021, 2022, and 2023, respectively, which represents approximately $0.50/share, $0.60/share, and $0.70/share based on current shares outstanding, it said.

Payments could be supplemented by higher dividends and by ongoing share buybacks at gold prices of $1,500 per ounce or higher, provided Endeavour's leverage remains below 0.5 times net debt to adjusted EBITDA, the company said.

Endeavour, which has said it would retain its Toronto listing, is targeting production of 1.4 million to 1.5 million ounces through 2023, rising to 1.6 million ounces in 2025.

Chief Executive Sebastien de Montessus reiterated the miner is not interested in M&A.

"We haven't seen anything that would be of interest," he said on an analyst call.

He said Endeavour would update on a potential divestment of its non-core Karma mine in Burkina Faso in the year's second half.

The company said it aims to lower its carbon intensity by a third by 2030 and achieve net zero emissions by 2050.

Emissions per ounce of gold produced rose 11% in 2020 while total emissions nearly doubled from a year earlier, due to mining of lower grades and increased energy use following recent acquisitions, the company said.

Endeavour shares were flat in midday trading in Toronto, in line with gold which traded in a narrow range.

(Reporting by Jeff Lewis Editing by Bernadette Baum and Chris Reese)

LITTLETON, CO / ACCESSWIRE / June 7, 2021 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is set to join the broad-market Russell 3000® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021 according to a preliminary list of additions made public June 4, 2021.

Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 7, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

Ur-Energy Chairman and CEO Jeff Klenda, said, "Ur-Energy is excited to be included in the Russell 3000® Index. This listing reflects the significant increase in our market capitalization over the past several months, and our continued effort to build shareholder value. Inclusion in the Russell 3000® is significant as the Russell indexes are widely followed by the investment community. We believe inclusion in the Russell index provides us with the opportunity to expand our shareholder registry as we continue to progress our strategic initiatives and maintain operational readiness until we ramp-up production operations at our Lost Creek Project."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.

About Ur-Energy

Ur-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. We have produced, packaged, and shipped approximately 2.6 million pounds from Lost Creek since the commencement of operations. Ur-Energy now has all major permits and authorizations to begin construction at Shirley Basin, the Company's second in situ recovery uranium facility in Wyoming and is in the process of obtaining remaining amendments to Lost Creek authorizations for expansion of Lost Creek. Ur‑Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. The primary trading market for Ur‑Energy's common shares is on the NYSE American under the symbol "URG." Ur‑Energy's common shares also trade on the Toronto Stock Exchange under the symbol "URE." Ur-Energy's corporate office is located in Littleton, Colorado and its registered office is located in Ottawa, Ontario. Ur-Energy's website is www.ur-energy.com.

FOR FURTHER INFORMATION, PLEASE CONTACT

Jeffrey Klenda, Chairman & CEO
866-981-4588
Jeff.Klenda@Ur-Energy.com

Cautionary Note Regarding Forward-Looking Information

This release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., whether inclusion on the Russell Index will enhance shareholder value and permit the Company to expand its shareholder registry; the success of the Company's ongoing strategic initiatives; what decisions will be made for ramp-up of operations at Lost Creek, and when those decisions will occur) and are based on current expectations that, while considered reasonable by management at this time, inherently involve a number of significant business, economic and competitive risks, uncertainties and contingencies. All statements, other than statements of historical fact, are considered to be forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements express or implied by the forward-looking statements. Factors that could cause actual results to differ materially from any forward-looking statements include, but are not limited to, capital and other costs varying significantly from estimates; fluctuations in commodity prices; failure to establish estimated resources; the grade and recovery of mineral resources which are mined varying from estimates; production rates, methods and amounts varying from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; changes to regulatory and legal requirements; inflation; changes in exchange rates; delays in development, and other factors described in the public filings made by the Company at www.sedar.com and www.sec.gov. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are based on the beliefs, expectations and opinions of management as of the date hereof and Ur-Energy disclaims any intent or obligation to update them or revise them to reflect any change in circumstances or in management's beliefs, expectations or opinions that occur in the future.

SOURCE: Ur-Energy Inc.

View source version on accesswire.com:
https://www.accesswire.com/650603/Ur-Energy-Set-to-Join-the-Russell-Index

If you want to know who really controls Northern Minerals Limited (ASX:NTU), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.

Northern Minerals is a smaller company with a market capitalization of AU$160m, so it may still be flying under the radar of many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions don't own many shares in the company. Let's delve deeper into each type of owner, to discover more about Northern Minerals.

Check out our latest analysis for Northern Minerals

What Does The Institutional Ownership Tell Us About Northern Minerals?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

Since institutions own only a small portion of Northern Minerals, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too.

Hedge funds don't have many shares in Northern Minerals. The company's largest shareholder is Vastness Investment Group Limited, with ownership of 7.7%. With 5.2% and 4.6% of the shares outstanding respectively, Yongquan He and Yuzhen Ma are the second and third largest shareholders.

Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. As far I can tell there isn't analyst coverage of the company, so it is probably flying under the radar.

Insider Ownership Of Northern Minerals

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our information suggests that insiders maintain a significant holding in Northern Minerals Limited. Insiders have a AU$34m stake in this AU$160m business. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.

General Public Ownership

The general public holds a substantial 56% stake in Northern Minerals, suggesting it is a fairly popular stock. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions.

Private Company Ownership

Our data indicates that Private Companies hold 19%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example – Northern Minerals has 5 warning signs (and 3 which shouldn't be ignored) we think you should know about.

Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). For example, the Energy Resources of Australia Ltd (ASX:ERA) share price is up 59% in the last year, clearly besting the market return of around 26% (not including dividends). If it can keep that out-performance up over the long term, investors will do very well! Zooming out, the stock is actually down 49% in the last three years.

View our latest analysis for Energy Resources of Australia

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

Energy Resources of Australia went from making a loss to reporting a profit, in the last year.

When a company is just on the edge of profitability it can be well worth considering other metrics in order to more precisely gauge growth (and therefore understand share price movements).

However the year on year revenue growth of 8.1% would help. Many businesses do go through a phase where they have to forgo some profits to drive business development, and sometimes its for the best.

The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).

You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

A Different Perspective

We're pleased to report that Energy Resources of Australia shareholders have received a total shareholder return of 59% over one year. Notably the five-year annualised TSR loss of 0.5% per year compares very unfavourably with the recent share price performance. We generally put more weight on the long term performance over the short term, but the recent improvement could hint at a (positive) inflection point within the business. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Even so, be aware that Energy Resources of Australia is showing 1 warning sign in our investment analysis , you should know about…

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

In this article we discuss the 10 best uranium stocks to buy now. If you want to skip our detailed analysis of these companies, go directly to the 5 Best Uranium Stocks to Buy Now.

The long-term demand for uranium has been on an upward trajectory as developing and emerging economies opt for nuclear fuel to solve their energy problems, primarily because renewable solutions like solar and wind are unreliable base sources for electrical grids and drive up prices, hurting consumers who subsequently influence energy policymaking in this regard. As a result, the global demand for uranium was close to 180 million pounds in 2020. Market experts believe that this figure is set to grow to almost 200 million pounds within the next five years.

Some of the companies that can ride this nuclear fuel boom are the Rio Tinto Group (NYSE: RIO), BHP Group (NYSE: BHP) and Cameco Corporation (NYSE: CCJ). All three are major mining enterprises with significant stakes in the exploration and processing of uranium. Rio Tinto Group (NYSE: RIO) is based in the United Kingdom, BHP Group (NYSE: BHP) operates from Australia, and Cameco Corporation (NYSE: CCJ) is a Canadian company.

Even though industry analysts are bullish on the uranium future, the ultimate demand for the nuclear resource in the coming months and years will likely depend on several factors, including the number of new uranium-related projects, the amount of time it takes to complete those already under construction, as well as the reactors that are closed down. Governments around the world have begun to crack down on the environmental impacts of nuclear fuel, a major point of contention being the safe storage of spent fuel with hazardous properties.

Supply constraints that have sprung up as the economy slowly reopens following the pandemic have pushed uranium prices to new highs in recent weeks. However, it remains to be seen whether these gains can offset the lows of the previous year and sustain long enough to interest investors. Concerns related to the depletion of uranium at some major mining sites, as well as peak production, have also hit the industry. However, despite the problems, uranium remains one of the best performing commodities in the world along with gold.

Mining stocks have been a major growth catalyst over the past few months, rivaling tech-led disruption that has had a huge effect on the overall market dynamics. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and February 26th 2021 our monthly newsletter’s stock picks returned 197.2%, vs. 72.4% for the SPY. Our stock picks outperformed the market by more than 124 percentage points (see the details here). We were also able to identify in advance a select group of hedge fund holdings that significantly underperformed the market. We have been tracking and sharing the list of these stocks since February 2017 and they lost 13% through November 16th. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

Image by Markus Distelrath from Pixabay

With this context in mind, here is our list of the 10 best uranium stocks to buy now

Best Uranium Stocks to Buy Now

10. Uranium Royalty Corp. (NASDAQ: UROY)

Number of Hedge Fund Holders: N/A

Uranium Royalty Corp. (NASDAQ: UROY) is a Canada-based company that makes investments in uranium-related royalties, streams, debt and equity. It was founded in 2017 and is placed tenth on our list of 10 best uranium stocks to buy now. The stock has returned more than 230% to investors over the course of the past twelve months. Some of the projects that the firm holds royalty interests in include Church Rock, Dewey-Burdock, Lance, Roca Honda, Reno Creek, Roughrider, and Michelin, among others.

On April 29, investment advisory HC Wainwright reiterated a Buy rating on Uranium Royalty Corp. (NASDAQ: UROY) stock with a price target of $3.6. The rating indicated upside potential for the stock that has a 52-week high of $3.58.

Just like Rio Tinto Group (NYSE: RIO), BHP Group (NYSE: BHP), and Cameco Corporation (NYSE: CCJ), Uranium Royalty Corp. (NASDAQ: UROY) is one of the best uranium stocks to buy now.

9. Lightbridge Corporation (NASDAQ: LTBR)

Number of Hedge Fund Holders: N/A

Lightbridge Corporation (NASDAQ: LTBR) is a Massachusetts-based nuclear fuel technology development company. It was founded in 1992 and is ranked ninth on our list of 10 best uranium stocks to buy now. The company’s shares have returned more than 52% to investors year-to-date. In addition to stakes in nuclear fuel technology, the company also provides nuclear energy consulting services. The firm aims to reduce the environmental impact of nuclear technology on the environment through fuel development.

On May 11, Lightbridge Corporation (NASDAQ: LTBR) posted results for the first three months of 2021, reporting cash equivalents of $15.2 million, compared to $21.5 million in the preceding quarter. The company said research and development costs were consistent through the first quarter of 2021.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Schonfeld Strategic Advisors is a leading shareholder in Lightbridge Corporation (NASDAQ: LTBR) with 15,300 shares worth more than $98,000.

Just like Rio Tinto Group (NYSE: RIO), BHP Group (NYSE: BHP), and Cameco Corporation (NYSE: CCJ), Lightbridge Corporation (NASDAQ: LTBR) is one of the best uranium stocks to buy now.

8. Denison Mines Corp. (NYSE: DNN)

Number of Hedge Fund Holders: 10

Denison Mines Corp. (NYSE: DNN) is a Canada-based uranium exploration, development, and production company. It was founded in 1997 and is placed eighth on our list of 10 best uranium stocks to buy now. The stock has offered investors returns exceeding 195% over the course of the past twelve months. The company is famous for uranium mining in the Blind River and Elliot Lake, but has recently expanded into other areas. It was formerly known as Uranium Corporation but changed to Denison Mines in 2006.

On April 14, Denison Mines Corp. (NYSE: DNN) stock jumped more than 5% after the company announced that it had discovered new high-grade uranium mineralization at the McClean Lake. The firm is working on the project with the help of operator Orano Canada.

At the end of the first quarter of 2021, 10 hedge funds in the database of Insider Monkey held stakes worth $18.1 million in Denison Mines Corp. (NYSE: DNN), up from 6 in the previous quarter worth $7.6 million.

Just like Rio Tinto Group (NYSE: RIO), BHP Group (NYSE: BHP), and Cameco Corporation (NYSE: CCJ), Denison Mines Corp. (NYSE: DNN) is one of the best uranium stocks to buy now.

7. Energy Fuels Inc. (NYSE: UUUU)

Number of Hedge Fund Holders: 12

Energy Fuels Inc. (NYSE: UUUU) is a Colorado-based uranium mining company founded in 1987. It is ranked seventh on our list of 10 best uranium stocks to buy now. The company’s shares have returned more than 312% to investors over the past year. Energy Fuels is the leading US-based producer of uranium and vanadium. The company has also expanded in recent years, emerging as a player in the commercial rare earth business. The core business of the firm remains the extraction, recovery, exploration, and sale of uranium.

On May 13, Energy Fuels Inc. (NYSE: UUUU) posted earnings results for the first quarter of 2021, reporting earnings per share of -$0.08, missing market estimates by $0.04. The revenue over the period was $0.35 million, down 10% year-on-year.

Out of the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in Energy Fuels Inc. (NYSE: UUUU) with 365,006 shares worth more than $2 million.

6. Uranium Energy Corp. (NYSE: UEC)

Number of Hedge Fund Holders: 7

Uranium Energy Corp. (NYSE: UEC) is a Texas-based uranium mining and exploration company founded in 2003. It is placed sixth on our list of 10 best uranium stocks to buy now. The stock has offered investors returns exceeding 213% over the past year. The company has mining interests in the United States, Canada, and Paraguay. Some of the projects it has stakes in include Palangana, Goliad, Burke Hollow, Longhorn, Salvo, Anderson, Workman Creek, and Los Cuatros, among others.

In January, Uranium Energy Corp. (NYSE: UEC) announced that it had restarted work on the Burke Hollow ISR project in Texas, which the company said was the newest and largest ISR wellfield being developed in the United States.

At the end of the first quarter of 2021, 7 hedge funds in the database of Insider Monkey held stakes worth $12.3 million in Uranium Energy Corp. (NYSE: UEC), down from 10 in the previous quarter worth $8.6 million.

Just like Rio Tinto Group (NYSE: RIO), BHP Group (NYSE: BHP), and Cameco Corporation (NYSE: CCJ), Uranium Energy Corp. (NYSE: UEC) is one of the best uranium stocks to buy now.

Click to continue reading and see 5 Best Uranium Stocks to Buy Now.

How Quickly Is Southern Copper Increasing Earnings Per Share?

As one of my mentors once told me, share price follows earnings per share (EPS). It's no surprise, then, that I like to invest in companies with EPS growth. It certainly is nice to see that Southern Copper has managed to grow EPS by 34% per year over three years. As a general rule, we'd say that if a company can keep up that sort of growth, shareholders will be smiling.

Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Southern Copper shareholders can take confidence from the fact that EBIT margins are up from 36% to 45%, and revenue is growing. Ticking those two boxes is a good sign of growth, in my book.

You can take a look at the company's revenue and earnings growth trend, in the chart below. For finer detail, click on the image.

While we live in the present moment at all times, there's no doubt in my mind that the future matters more than the past. So why not check this interactive chart depicting future EPS estimates, for Southern Copper?

Are Southern Copper Insiders Aligned With All Shareholders?

Since Southern Copper has a market capitalization of US$54b, we wouldn't expect insiders to hold a large percentage of shares. But we do take comfort from the fact that they are investors in the company. Given insiders own a small fortune of shares, currently valued at US$65m, they have plenty of motivation to push the business to succeed. That's certainly enough to make me think that management will be very focussed on long term growth.

It's good to see that insiders are invested in the company, but are remuneration levels reasonable? A brief analysis of the CEO compensation suggests they are. I discovered that the median total compensation for the CEOs of companies like Southern Copper, with market caps over US$8.0b, is about US$11m.

The Southern Copper CEO received total compensation of just US$1.4m in the year to . That's clearly well below average, so at a glance, that arrangement seems generous to shareholders, and points to a modest remuneration culture. While the level of CEO compensation isn't a huge factor in my view of the company, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. I'd also argue reasonable pay levels attest to good decision making more generally.

Should You Add Southern Copper To Your Watchlist?

Given my belief that share price follows earnings per share you can easily imagine how I feel about Southern Copper's strong EPS growth. If that's not enough, consider also that the CEO pay is quite reasonable, and insiders are well-invested alongside other shareholders. This may only be a fast rundown, but the takeaway for me is that Southern Copper is worth keeping an eye on. We don't want to rain on the parade too much, but we did also find 4 warning signs for Southern Copper (1 is concerning!) that you need to be mindful of.

Of course, you can do well (sometimes) buying stocks that are not growing earnings and do not have insiders buying shares. But as a growth investor I always like to check out companies that do have those features. You can access a free list of them here.

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

TSX-V: RUP

FSE: R05

TORONTO, June 4, 2021 /CNW/ – Rupert Resources Ltd. ("Rupert Resources" or the "Company") reports that it has closed the previously announced concurrent equity financings raising a total of C$48,654,000 before expenses. The financings comprised two components: a bought deal equity offering (the "Public Offering"); and a private placement (the "Private Placement") with existing shareholders, including Agnico Eagle Mines Limited ("Agnico Eagle").

James Withall, Chief Executive of Rupert Resources said "The financings were well supported by our existing shareholders and a number of high-quality new institutions. The funds enable the Company to progress the Ikkari discovery through the maiden mineral resource estimate and economic evaluation stages whilst most importantly continuing our exploration that aims to demonstrate extensions to Ikkari and delineate the potential of Rupert's other discoveries made in Area 1 and the Pahtavaara mine. Rupert's regional programme to generate and drill new targets on this very prospective property package of over 450km²will continue in parallel."

A total of 5,658,000 common shares in the capital of the Company (the "Common Shares") were issued pursuant to the Public Offering at a price of C$5.30 per Common Share (the "Offering Price") for gross proceeds of approximately C$29,987,400 which includes the exercise, in full, of the underwriter's over-allotment option of 738,000 Common Shares. The Public Offering was conducted by BMO Capital Markets and Cormark Securities, as lead underwriters, and Canaccord Genuity Corp., Eight Capital and Scotia Capital Inc.

The Public Offering was completed pursuant to a short form prospectus dated June 1, 2021 in British Columbia, Alberta, Ontario and Newfoundland and Labrador and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended and applicable state securities laws. The Public Offering and the Private Placement remain subject to the final approval of the TSX Venture Exchange.

Rupert Resources also issued 3,522,000 Common Shares at the Offering Price in a concurrent Private Placement on substantially the same terms as the Public Offering for gross proceeds of C$18,666,600, which includes 442,000 Common Shares pursuant to the option granted to the private placement participants to purchase additional Common Shares representing up to 15% of the number of Common Shares subscribed by each of them.

Agnico Eagle exercised its participation right to subscribe for 917,302 Common Shares, retaining a 15.40% interest in the Company on a partially diluted basis (when including the 11,543,704 warrants exercisable at C$1.00 per Common Share acquired by Agnico Eagle in February 2020 as previously disclosed).

The issuance of the Common Shares to Agnico Eagle constitutes a related-party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). This Private Placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of any securities issued to, nor the consideration paid by, Agnico Eagle would exceed 25.0% of the Company's market capitalization. The Company did not file a material change report 21 days prior to closing of the Public Offering, which the Company deemed reasonable in the circumstances in order to complete the Private Placement in a timely manner.

The net proceeds of the Public Offering and of the Private Placement will be used for on-going exploration expenditures on the Company's properties in Finland and for general corporate purposes.

The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Common Shares in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

About Rupert Resources

Rupert Resources is a Canadian based gold exploration and development company that is listed on the TSX Venture Exchange under the symbol "RUP". The Company owns the Pahtavaara gold mine, mill, and exploration permits and concessions located in the Central Lapland Greenstone Belt in Northern Finland ("Pahtavaara"). Pahtavaara previously produced over 420koz of gold and 474koz remains in an Inferred mineral resource (4.6 Mt at a grade of 3.2 g/t Au at a 1.5 g/t Au cut-off grade, see the technical report filed on SEDAR entitled "NI 43-101 Technical Report: Pahtavaara Project, Finland" with an effective date of April 16, 2018, prepared by Brian Wolfe, Principal Consultant, International Resource Solutions Pty Ltd., an independent qualified person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects). This mineral resource estimate was calculated using the multiple indicator kriging method (MIK) and is classified as Inferred as defined by the CIM. Numbers are affected by rounding. A cut-off of 1.5g/t Au was selected for the reported estimate based on historical breakeven operating costs, recoveries of 85% and a gold price of EUR950/oz. Mineral Resources do not include Mineral Reserves and do not have demonstrated economic viability. There is no certainty that any part of the Mineral Resources will be converted to Mineral Reserves.

The Company also holds a 100% interest in the Hirsikangas property in Central Finland, a 100% interest in the Surf Inlet property in British Columbia, and a 20% carried participating interest in the Gold Centre property located adjacent to the Red Lake mine in Ontario.

Web: http://rupertresources.com/

Cautionary Note Regarding Forward Looking Statements

This press release contains statements which, other than statements of historical fact constitute "forward-looking statements" within the meaning of applicable securities laws, including statements with respect to: results of exploration activities, mineral resources. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. This press release contains forward-looking information in a number of places, such as in statements relating to use or proceeds from the Public Offering and Private Placement, the final approval of the Public Offering and Private Placement from the TSX Venture Exchange and the Company's expectations, strategies and plans for the Finland Projects, including the Company's planned exploration and development activities. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of the mining industry, as well as those risk factors discussed or referred to in the Company's Management's Discussion and Analysis for the three and nine months ended November 30, 2020 available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.

SOURCE Rupert Resources

Cision

View original content: http://www.newswire.ca/en/releases/archive/June2021/04/c1119.html

The board of Compass Minerals International, Inc. (NYSE:CMP) has announced that it will pay a dividend of US$0.72 per share on the 18th of June. Based on this payment, the dividend yield on the company's stock will be 4.2%, which is an attractive boost to shareholder returns.

See our latest analysis for Compass Minerals International

Compass Minerals International's Distributions May Be Difficult To Sustain

We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Based on the last payment, the company wasn't making enough to cover what it was paying to shareholders. This situation certainly isn't ideal, and could place significant strain on the balance sheet if it continues.

Looking forward, earnings per share is forecast to fall off a cliff over the next year. This could mean that the management team has to make some tough choices about cutting the dividend or putting extra pressure on the balance sheet.

Compass Minerals International Has A Solid Track Record

The company has a sustained record of paying dividends with very little fluctuation. Since 2011, the first annual payment was US$1.56, compared to the most recent full-year payment of US$2.88. This works out to be a compound annual growth rate (CAGR) of approximately 6.3% a year over that time. Dividends have grown at a reasonable rate over this period, and without any major cuts in the payment over time, we think this is an attractive combination as it provides a nice boost to shareholder returns.

Dividend Growth Potential Is Shaky

Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. Let's not jump to conclusions as things might not be as good as they appear on the surface. Over the past five years, it looks as though Compass Minerals International's EPS has declined at around 17% a year. Such rapid declines definitely have the potential to constrain dividend payments if the trend continues into the future.

The Dividend Could Prove To Be Unreliable

In summary, while it's good to see that the dividend hasn't been cut, we are a bit cautious about Compass Minerals International's payments, as there could be some issues with sustaining them into the future. In the past the payments have been stable, but we think the company is paying out too much for this to continue for the long term. We don't think Compass Minerals International is a great stock to add to your portfolio if income is your focus.

Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. However, there are other things to consider for investors when analysing stock performance. Just as an example, we've come across 3 warning signs for Compass Minerals International you should be aware of, and 1 of them can't be ignored. We have also put together a list of global stocks with a solid dividend.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company"), a growing North American precious metals producer, wishes to remind its shareholders ("Shareholders") to vote their shares in respect of the Company’s annual general meeting that is being held at 10:00 a.m. EDT on Thursday, June 10, 2021 (the "AGM"). All shareholders of record at the close of business on April 16, 2021 (the "Record Date") are entitled to vote their shares at the AGM.

In connection with the AGM, Americas filed its meeting materials on SEDAR at www.sedar.com; EDGAR at www.sec.gov; and on the Company’s website at https://americas-gold.com/investors/shareholder-meeting-documents/. The meeting materials were also mailed to Shareholders as of the Record Date in accordance with applicable securities laws.

Considering the ongoing public health concerns related to COVID-19 and in order to comply with the measures imposed by the federal and provincial governments and social distancing protocols, Americas is encouraging Shareholders and others not to attend the AGM in person. Americas is offering Shareholders the option to listen to the AGM (but not vote) in real time by conference call:

Local – Toronto: (+1) 416 764 8658
Toll Free – North America: (+1) 888 886 7786

Shareholders are encouraged to vote their shares in advance of the proxy voting deadline of 10:00 a.m. EDT on June 8, 2021 to ensure their votes are received on time to be counted at the AGM. Every Shareholder’s vote is important, regardless of the number of shares that the Shareholder holds.

If any of Shareholders have not received their proxy or voting instruction form, or if a Shareholder needs assistance in voting their shares, such Shareholder should confirm their proxy's status with their broker, or call the Company’s proxy solicitor, Carson Proxy Advisors Ltd., at (416) 778-1556 or christine@carsonproxy.com for help.

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high‐growth precious metals mining company with multiple assets in North America. The Company owns and operates the Relief Canyon mine in Nevada, USA, the Cosalá Operations in Sinaloa, Mexico and manages the 60%‐owned Galena Complex in Idaho, USA. The Company also owns the San Felipe development project in Sonora, Mexico. For further information, please see the Company’s SEDAR profile at www.sedar.com or its website at www.americas-gold.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210604005135/en/

Contacts

Stefan Axell
VP, Corporate Development & Communications
Americas Gold and Silver Corporation
416‐874‐1708
info@americas-gold.com

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416‐848‐9503

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Dundee Precious Metals Inc. (TSE:DPM) as an investment opportunity by taking the expected future cash flows and discounting them to their present value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.

Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.

See our latest analysis for Dundee Precious Metals

Is Dundee Precious Metals fairly valued?

We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.

Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value:

10-year free cash flow (FCF) forecast

	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Levered FCF ($, Millions)	US$224.0m	US$227.5m	US$257.5m	US$178.0m	US$151.0m	US$135.7m	US$126.7m	US$121.4m	US$118.4m	US$116.9m
Growth Rate Estimate Source	Analyst x5	Analyst x4	Analyst x2	Analyst x1	Analyst x1	Est @ -10.12%	Est @ -6.62%	Est @ -4.18%	Est @ -2.47%	Est @ -1.27%
Present Value ($, Millions) Discounted @ 6.5%	US$210	US$200	US$213	US$138	US$110	US$92.8	US$81.4	US$73.2	US$67.0	US$62.1

("Est" = FCF growth rate estimated by Simply Wall St)
Present Value of 10-year Cash Flow (PVCF) = US$1.2b

We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 1.5%. We discount the terminal cash flows to today's value at a cost of equity of 6.5%.

Terminal Value (TV)= FCF₂₀₃₀ × (1 + g) ÷ (r – g) = US$117m× (1 + 1.5%) ÷ (6.5%– 1.5%) = US$2.4b

Present Value of Terminal Value (PVTV)= TV / (1 + r)¹⁰= US$2.4b÷ ( 1 + 6.5%)¹⁰= US$1.3b

The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$2.5b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of CA$8.5, the company appears quite good value at a 49% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula – garbage in, garbage out.

Important assumptions

We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Dundee Precious Metals as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.5%, which is based on a levered beta of 1.060. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.

Next Steps:

Valuation is only one side of the coin in terms of building your investment thesis, and it shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. What is the reason for the share price sitting below the intrinsic value? For Dundee Precious Metals, there are three fundamental elements you should explore:

Risks: To that end, you should be aware of the 2 warning signs we've spotted with Dundee Precious Metals .
Future Earnings: How does DPM's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.
Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing!

PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the TSX every day. If you want to find the calculation for other stocks just search here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Vancouver, British Columbia–(Newsfile Corp. – June 4, 2021) – Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement by issuing 10,000,000 units at a price of $0.15 per unit ("Unit") for gross proceeds of $1,500,000 (the "Financing"). Crescat Capital LLC ("Crescat") acquired 7,000,000 of the Units.

Proceeds from the Financing will be used for a 2,500-metre diamond drill program at Pacific Ridge's flagship Kliyul copper-gold project, located in the Quesnel Trough, British Columbia, an exploration program at the recently acquired RDP copper-gold project, and for general working capital. The Company expects that the drill program at Kliyul will commence sometime in July.

"Pacific Ridge's Kliyul project displays telltale signs of a potentially high-grade Cu-Au porphyry at depth," commented Quinton Hennigh, technical advisor to Crescat. "Although Kliyul has only seen limited drilling to date, evidence of a high-grade porphyry driver includes the presence of the copper rich mineral, bornite, in certain drill intercepts and gold grades that are sometimes considerably higher than most BC porphyry systems. The hypothesis Pacific Ridge has developed is that the underlying porphyry at Kliyul may be like that which generated the deep high-grade Red Chris porphyry further to the northwest. Pacific Ridge has a well-devised deep drill plan scheduled for this season, and we are anxious to see if this exciting hypothesis proves correct."

"I'm very pleased to welcome Crescat as a strategic shareholder of Pacific Ridge," said Blaine Monaghan, President and CEO of Pacific Ridge. "With approximately CAD$2.8 million in treasury, we are well funded to complete the drill program at Kliyul and advance our other copper-gold projects, RDP and Redton."

Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one additional common share at an exercise price of $0.23 for a period of 24 months. Securities issued in this private placement include a legend restricting trading of the securities until October 4, 2021. No finders' fees were payable in connection with the Financing. The Financing is subject to TSX Venture Exchange acceptance.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Crescat Capital LLC

Crescat is a global macro asset management firm headquartered in Denver, Colorado. Crescat's mission is to grow and protect wealth over the long term by deploying tactical investment themes based on proprietary value-driven equity and macro models. Crescat's goal is industry leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks. Crescat's investment process involves a mix of asset classes and strategies to assist with each client's unique needs and objectives and includes Global Macro, Long/Short, Large Cap and Precious Metals funds.

Crescat is advised by its technical consultant Dr. Quinton Hennigh on gold and silver resource companies. Dr. Hennigh became an economic geologist after obtaining his PhD in Geology/Geochemistry from the Colorado School of Mines. He has more than 30 years of exploration experience with major gold mining firms that include Homestake Mining, Newcrest Mining and Newmont Mining. Recently, Dr. Hennigh founded Novo Resources Corp (TSXV: NVO) and currently serves as Chairman. Among his notable project involvements are First Mining Gold's Springpole gold deposit in Ontario, Kirkland Lake Gold's acquisition of the Fosterville gold mine in Australia, the Rattlesnake Hills gold deposit in Wyoming, and Lion One's Tuvatu gold project on Fiji, among many others.

About Pacific Ridge

Our goal is to become one of the leading copper-gold exploration companies in British Columbia. Pacific Ridge's flagship project is the advanced-stage Kliyul copper-gold project, located in the Quesnel Trough, approximately 50 km southeast of Centerra Gold's Kemess project. Historic drilling at Kliyul encountered significant porphyry copper-gold mineralization, drill hole KL-15-34 returned 245 metres of 0.75% CuEQ¹ (see Pacific Ridge press release dated December 2, 2020).

On behalf of the Board of Directors,
"Blaine Monaghan"
Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.

Corporate Contact:

Blaine Monaghan
President & CEO
Tel: (604) 687-4951
www.pacificridgeexploration.com
https://www.linkedin.com/company/pacific-ridge-exploration-ltd-pex-
https://twitter.com/PacRidge_PEX

Investor Contact:

G2 Consultants Corp.
Telephone: +1 778-678-9050
Email: ir@pacificridgeexploration.com

¹Copper equivalent (CuEQ) is equal to ((Cu (per cent) multiplied by $2.25 multiplied by 22.0642) plus (Au (g/t) multiplied by $1,650 multiplied by 0.032151)) divided by ($2.25 multiplied by 22.0642).

The technical information contained within this News Release has been reviewed and approved by Gerald G. Carlson, Ph.D., P.Eng., Executive Chairman of Pacific Ridge and Qualified Person as defined by National Instrument 43-101 policy.

Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling and other activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Forward-looking statements in this news release include statements regarding a drill program at Kliyul this July and an exploration program at RDP. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, that one of the options will be exercised, the ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86473

TORONTO, June 04, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. (TSXV: NOT) ("Noront" or the "Company") today announced its intention to complete a private placement financing (the "Private Placement") of 21,659,385 common shares of the Company ("Common Shares") at a price of $0.283 per Common Share (the "Issue Price") to raise gross proceeds of approximately $6.1 million. Closing of the Private Placement is anticipated to occur on or about June 11, 2021.

The Company has an immediate need for funding and intends to use the net proceeds of the Private Placement to address its near-term working capital commitments, with any remaining funds to be used to advance the development of its portfolio of properties and associated activities located in the Ring of Fire.

The Common Shares to be issued pursuant to the Private Placement will be distributed in offshore jurisdictions pursuant to Ontario Securities Commission Rule 72-503 – Distributions Outside Canada and, as such, will not be subject to a statutory hold period in accordance with applicable securities laws. TD Securities Inc. is acting as agent and financial advisor to Noront in connection with the Private Placement.

The Private Placement remains subject to the receipt of all necessary approvals, including the final approval of the TSX Venture Exchange (the "Exchange").

Top-Up Rights

Pursuant to an investor rights agreement between the Company and Wyloo Canada Holdings Pty Ltd. ("Wyloo Canada") dated April 16, 2021, the Company will provide notice to Wyloo Canada of the Private Placement. Wyloo Canada will be entitled to acquire Common Shares to maintain its pro rata equity interest in the Company calculated on a partially-diluted basis (the "Wyloo Top-Up Right"). If Wyloo Canada exercises the Wyloo Top-Up Right in full, then an additional 12,529,229 Common Shares would be issued to Wyloo Canada at the Issue Price for additional gross proceeds of approximately $3.5 million.

Pursuant to a subscription agreement between Baosteel Resources International Co. Ltd. ("Baosteel") and the Company dated June 2, 2011, the Company will provide notice to Baosteel of the Private Placement. Baosteel will be entitled to acquire Common Shares to maintain its pro rata equity interest in the Company (the "Baosteel Top-Up Right"). If Baosteel exercises the Baosteel Top-Up Right in full, and assuming the Wyloo Top-Up Right is exercised, then an additional 1,960,769 Common Shares would be issued to Baosteel at the Issue Price for additional gross proceeds of approximately $0.55 million.

Further Response to Wyloo Proposal

As previously disclosed, on May 25, 2021 Wyloo Metals Pty Ltd. ("Wyloo Metals"), a holder of approximately 23% of Noront's outstanding Common Shares, announced its intention to make an offer to acquire all of the outstanding Common Shares that it does not already own. However, the Company wishes to clarify that Wyloo Metals has not yet commenced a take-over bid and such a bid may never materialize.

Wyloo Metals is not permitted to commence a take-over bid until a formal valuation of Noront is completed by an independent valuator, which may take several weeks to complete. Should Wyloo Metals proceed with a take-over bid, the Board of Directors of Noront will carefully review such offer and provide a recommendation to its shareholders.

In connection with the announcement of its proposed offer, Wyloo Metals indicated its willingness to make a $5 million convertible loan available to the Company. The Board of Directors of Noront, with input from its external advisors, determined that, as a development stage company that does not generate operating revenues, it would be inadvisable to burden the Company with additional debt, without the ability to repay such indebtedness in the near-term, particularly where the Company is able to raise equity under the Private Placement. To that end, the Company's efforts to raise equity pre-dated Wyloo Metals' intention to make an offer to Noront shareholders.

Interest Shares

The Company also wishes to announce that interest in the amount of $370,447.73 payable to Wyloo Canada for the first quarter of 2021 pursuant to the loan agreement entered into between Noront and Resource Capital Funds V L.P. ("RCF") dated February 26, 2013, and assigned by RCF to Wyloo Canada on April 22, 2021, is proposed to be satisfied by the delivery of 1,411,767 Common Shares (the "Interest Shares") to Wyloo Canada at an effective price of $0.2624 per Interest Share. The issuance of the Interest Shares remains subject to the approval of the Exchange. The Interest Shares, when issued, will be subject to a four month hold period. The calculation of the number of Interest Shares issued was based on the volume weighted average trading price of the Common Shares during the 20 trading days prior to March 31, 2021.

About Noront Resources
Noront Resources Ltd. is focused on development of its high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com

CAUTIONARY LANGUAGE AND FORWARD-LOOKING STATEMENTS

This news release includes certain statements that may be deemed "forward-looking statements". Except for statements of historical fact relating to Noront, information contained herein constitutes forward-looking information, including any information related to Noront's strategy, plans or future financial or operating performance. Forward-looking information is characterized by words such as "plan", "expect", "budget", "target", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may", "will", "could" or "should" occur. In order to give such forward-looking information, the Company has made certain assumptions about its business, operations, the economy and the mineral exploration industry in general on each of the foregoing. Forward-looking information is based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those described in, or implied by, the forward-looking information. Although Noront has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in, or implied by, the forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding Noront's expected performance and Noront's plans and objectives and may not be appropriate for other purposes. All forward-looking information contained herein is given as of the date hereof, as the case may be, and is based upon the opinions and estimates of management and information available to management of the Company as at the date hereof. The Company undertakes no obligation to update or revise the forward-looking information contained herein and the documents incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable laws.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom.

For Further Information Contact:

Greg Rieveley
Chief Financial Officer
greg.rieveley@norontresources.com
(416) 367-1444

Shareholders:

Laurel Hill Advisory Group
1-877-452-7184 (toll-free in North America) or 1-416-304-0211 (collect call outside North America)
assistance@laurelhill.com

Media:

Ian Hamilton
ihamilton@longviewcomms.ca
(905) 399-6591

Janice Mandel
janice.mandel@stringcom.com
(647) 300-3853

KELOWNA, BC / ACCESSWIRE / June 4, 2021 / Diamcor Mining Inc. (TSXV:DMI)(OTCQB:DMIFF), ("Diamcor" or the "Company") today announced it intends to reprice 2,857,975 of the Company's outstanding warrants expiring on June 20, 2021, and 1,755,157 of the Company's outstanding warrants expiring on August 29, 2021. These warrants were issued pursuant to a Private Placement financing by the Company completed in 2 tranches on June 20, 2018, and August 29, 2018, respectively, each with an original exercise price of $0.60 (the "Warrants"). The Company intends to amend these Warrants to have an exercise price of $0.30 per Warrant and to be extended for up to a year from the current applicable expiry date. As the amended exercise price is below the Market Price for the originating Private Placement, in accordance with Section 3 of Policy 4.1 of the TSX Venture Exchange Corporate Finance Manual, the Warrants are also being amended to include an accelerated expiry clause such that the exercise period of the Warrants will be reduced to 30 days if, for any ten consecutive trading days during the unexpired term of the Warrant (the "Premium Trading Days"), the closing price of the Company's shares are no less than $0.375. In accordance with TSX Venture Exchange policy, the reduced exercise period of 30 days will begin no more than 7 calendar days after the tenth Premium Trading Day and the Company must obtain the consent of the holders of the Warrants to the amendments in accordance with TSX Venture Exchange policy, as applicable. Further, and in accordance with applicable TSX Venture Exchange policy, if the Company's directors, officers and Control Persons (as defined under applicable TSX Venture Exchange policy) beneficially own, in the aggregate, more than 10% of the total number of Warrants to be repriced, the aggregate number of their Warrants that will be repriced will be limited to 10% of the total number of repriced Warrants and, in such circumstances, the repricing of the Warrants held by such persons will be done of a pro rata basis amongst said persons.

The foregoing amendments to the Warrants have been authorized and approved by the Board of Directors. The repricing of the Warrants and extension of the expiry date of the Warrants is subject to TSX Venture Exchange approval and all applicable securities laws.

About Diamcor Mining Inc.
Diamcor Mining Inc. is a fully reporting publicly traded junior diamond mining company which is listed on the TSX Venture Exchange under the symbol V.DMI, and on the OTC QB International under the symbol DMIFF. The Company has a well-established operational and production history in South Africa and extensive prior experience supplying rough diamonds to the world market.

About the Tiffany & Co. Alliance
The Company has established a long-term strategic alliance and first right of refusal with Tiffany & Co. Canada, a subsidiary of world-famous New York based Tiffany & Co., to purchase up to 100% of the future production of rough diamonds from the Krone-Endora at Venetia Project at then current prices to be determined by the parties on an ongoing basis. In conjunction with this first right of refusal, Tiffany & Co. Canada also provided the Company with financing to advance the Project. For additional information on Tiffany & Co., please visit their website at www.tiffany.com.

About Krone-Endora at Venetia
In February 2011, Diamcor acquired the Krone-Endora at Venetia Project from De Beers Consolidated Mines Limited, consisting of the prospecting rights over the farms Krone 104 and Endora 66, which represent a combined surface area of approximately 5,888 hectares directly adjacent to De Beers' flagship Venetia Diamond Mine in South Africa. On September 11, 2014, the Company announced that the South African Department of Mineral Resources had granted a Mining Right for the Krone-Endora at Venetia Project encompassing 657.71 hectares of the Project's total area of 5,888 hectares. The Company has also submitted an application for a mining right over the remaining areas of the Project. The deposits which occur on the properties of Krone and Endora have been identified as a higher-grade "Alluvial" basal deposit which is covered by a lower-grade upper "Eluvial" deposit. The deposits are proposed to be the result of the direct-shift (in respect to the "Eluvial" deposit) and erosion (in respect to the "Alluvial" deposit) of material from the higher grounds of the adjacent Venetia Kimberlite areas. The deposits on Krone-Endora occur in two layers with a maximum total depth of approximately 15.0 metres from surface to bedrock, allowing for a very low-cost mining operation to be employed with the potential for near-term diamond production from a known high-quality source. Krone-Endora also benefits from the significant development of infrastructure and services already in place due to its location directly adjacent to the Venetia Mine.

Qualified Person Statement:
Mr. James P. Hawkins (B.Sc., P.Geo.), is Manager of Exploration & Special Projects for Diamcor Mining Inc., and the Qualified Person in accordance with National Instrument 43-101 responsible for overseeing the execution of Diamcor's exploration programmes and a Member of the Association of Professional Engineers and Geoscientists of Alberta ("APEGA"). Mr. Hawkins has reviewed this press release and approved of its contents.

On behalf of the Board of Directors
Mr. Dean H. Taylor
President & CEO
Diamcor Mining Inc.
www.diamcormining.com

For further information contact:
Mr. Dean H. Taylor
Diamcor Mining Inc
DeanT@Diamcor.com
+1 250 862-3212

Mr. Rich Matthews
Integrous Communications
rmatthews@integcom.us
+1 (604) 355-7179

Accordingly, readers should not place undue reliance on forward-looking statements.

WE SEEK SAFE HARBOUR

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Diamcor Mining Inc.

View source version on accesswire.com:
https://www.accesswire.com/650531/Diamcor-Amends-Terms-of-Warrants

EnerSys' (NYSE:ENS) investors are due to receive a payment of US$0.17 per share on 25th of June. This means the annual payment will be 0.7% of the current stock price, which is lower than the industry average.

View our latest analysis for EnerSys

EnerSys' Earnings Easily Cover the Distributions

While yield is important, another factor to consider about a company's dividend is whether the current payout levels are feasible. Before making this announcement, EnerSys was easily earning enough to cover the dividend. This means that most of what the business earns is being used to help it grow.

Looking forward, earnings per share is forecast to rise by 63.2% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 13%, which is in the range that makes us comfortable with the sustainability of the dividend.

EnerSys Is Still Building Its Track Record

It is great to see that EnerSys has been paying a stable dividend for a number of years now, however we want to be a bit cautious about whether this will remain true through a full economic cycle. Since 2013, the first annual payment was US$0.50, compared to the most recent full-year payment of US$0.70. This works out to be a compound annual growth rate (CAGR) of approximately 4.3% a year over that time. It's good to see at least some dividend growth. Yet with a relatively short dividend paying history, we wouldn't want to depend on this dividend too heavily.

Dividend Growth May Be Hard To Achieve

Investors could be attracted to the stock based on the quality of its payment history. Although it's important to note that EnerSys' earnings per share has basically not grown from where it was five years ago, which could erode the purchasing power of the dividend over time. While growth may be thin on the ground, EnerSys could always pay out a higher proportion of earnings to increase shareholder returns.

In Summary

Overall, a consistent dividend is a good thing, and we think that EnerSys has the ability to continue this into the future. The dividend has been at reasonable levels historically, but that hasn't translated into a consistent payment. The dividend looks okay, but there have been some issues in the past, so we would be a little bit cautious.

Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. However, there are other things to consider for investors when analysing stock performance. For instance, we've picked out 1 warning sign for EnerSys that investors should take into consideration. If you are a dividend investor, you might also want to look at our curated list of high performing dividend stock.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

A month has gone by since the last earnings report for Albemarle (ALB). Shares have added about 10% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Albemarle due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

Albemarle’s Earnings and Revenues Top Estimates in Q1

Albemarle recorded a profit of $95.7 million or 84 cents per share in the first quarter of 2021, down from $107.2 million or $1.01 per share it earned a year ago.

Adjusted earnings for the reported quarter were $1.10 per share, up from $1.00 a year ago. It topped the Zacks Consensus Estimate of 79 cents.

Revenues rose 12% year over year to $829.3 million in the quarter. It surpassed the Zacks Consensus Estimate of $754 million. The company witnessed higher sales across all of its core segments. It also benefited from cost-savings initiatives.

Segment Highlights

Sales from the Lithium unit rose around 18% year over year to $279 million in the reported quarter, aided by higher volumes that more than offset lower carbonate and technical grade pricing. Adjusted EBITDA was up roughly 35% year over year to $106.4 million, aided by higher sales.

The Bromine Specialties segment recorded sales of $280.4 million, up around 21% year over year. Sales were supported by higher demand for products across the portfolio and a favorable customer mix. Adjusted EBITDA was $94.6 million, up around 14% year over year. The company’s cost-savings initiatives and pricing offset higher raw materials costs.

The Catalysts unit recorded revenues of $220.2 million in the reported quarter, up around 6% year over year, supported by higher volumes. Adjusted EBITDA was $25.4 million, down roughly 46% year over year. The decline was due to cost impact from the winter storm in the U.S. Gulf Coast and lower prices, partly masked by cost-savings actions. The company saw higher hydroprocessing catalysts volumes due to timing of shipments. This was offset by reduced volumes for fluid catalytic cracking due to the impact of the winter storm.

Financial Position

Albemarle ended the quarter with cash and cash equivalents of roughly $569.9 million, up around 3% year over year. Long-term debt was $2,030 million, down around 35% year over year.

Cash flow from operations was $157.9 million for the quarter, up around 2% year over year.

Outlook

Moving ahead, Albemarle expects its performance for full-year 2021 to improve modestly on a year-over-year basis on a sustained recovery in global economic activities.

The company continues to expect net sales for 2021 between $3.2 billion and $3.3 billion. Moreover, adjusted EBITDA for the year has been forecast in the range of $810-$860 million. Albemarle also continue to see adjusted earnings per share in the band of $3.25 to $3.65 for 2021.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended upward during the past month. The consensus estimate has shifted 5.06% due to these changes.

VGM Scores

Currently, Albemarle has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Albemarle has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

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Albemarle Corporation (ALB) : Free Stock Analysis Report

To read this article on Zacks.com click here.

It has been about a month since the last earnings report for FMC (FMC). Shares have added about 0.4% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is FMC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

FMC Corp's Earnings and Revenues Surpass Estimates in Q1

FMC Corp recorded earnings (as reported) of $1.40 per share in first-quarter 2021, down from $1.58 reported a year ago.

Barring one-time items, adjusted earnings per share were $1.53, beating the Zacks Consensus Estimate of $1.52.

Revenues were $1,195.6 million for the quarter, down 4% from the year-ago quarter. It, however, surpassed the Zacks Consensus Estimate of $1,170.3 million.

The decline in revenues was due to 4% lower volumes and 1% pricing headwind, partly offset by 1% favorable impact of currencies. The company saw lower sales across EMEA, North America and Latin America, partly offset by gains in Asia.

Regional Sales Performance

Sales dropped 8% year over year in North America in the quarter as a shift of diamide third-party partner sales from North America to Latin America more than offset higher sales for herbicides and a strong launch of Xyway fungicide.

Sales in Latin America slipped 22% year over year in the reported quarter due to currency headwinds, lower cotton planting and the company’s channel inventory management.

In EMEA, sales fell 4% year over year, partly due to discontinued registrations. The company witnessed higher insecticide sales in the quarter.

Revenues climbed 18% year over year in Asia on the back of strong demand for Overwatch herbicide in Australia and higher diamide demand in the region.

Financials

The company had cash and cash equivalents of $416.7 million at the end of the quarter, down roughly 4% year over year. Long-term debt was $2,631.4 million, down around 25% year over year.

The company repurchased shares worth $75 million in the first quarter.

Guidance

For 2021, FMC continues to expect revenues to be between $4.9 billion and $5.1 billion, indicating a rise of 8% at the midpoint versus 2020. The growth is expected to be driven mainly by volumes and price increases.

Moreover, FMC envisions adjusted EBITDA of $1.32-$1.42 billion for 2021, indicating a 10% rise at the midpoint versus 2020.

The company has raised its adjusted earnings per share forecast for 2021 to the range of $6.70-$7.40 (up from $6.65-$7.35 expected earlier), reflecting an increase of 14% at the midpoint compared with 2020.

Free cash flow for 2021 is projected to be $530-$620 million, indicating a 6% year-over-year increase.

The company also expects to buyback $400-$500 million shares in 2021.

For second-quarter 2021, revenues are projected in the band of $1.19-$1.26 billion, reflecting an increase of 6% at the midpoint compared with the prior-year quarter. Adjusted earnings are forecast in the range of $1.68-$1.88 per share, representing an increase of 3% at the midpoint compared with the prior-year quarter.

How Have Estimates Been Moving Since Then?

It turns out, estimates review have trended upward during the past month.

VGM Scores

At this time, FMC has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, FMC has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

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FMC Corporation (FMC) : Free Stock Analysis Report

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Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.'

So if you're like me, you might be more interested in profitable, growing companies, like Pan American Silver (TSE:PAAS). While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. Conversely, a loss-making company is yet to prove itself with profit, and eventually the sweet milk of external capital may run sour.

View our latest analysis for Pan American Silver

Pan American Silver's Earnings Per Share Are Growing.

The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. It's no surprise, then, that I like to invest in companies with EPS growth. We can see that in the last three years Pan American Silver grew its EPS by 6.5% per year. That might not be particularly high growth, but it does show that per-share earnings are moving steadily in the right direction.

I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. Unfortunately, Pan American Silver's revenue dropped 7.4% last year, but the silver lining is that EBIT margins improved from 9.3% to 22%. That's not ideal.

In the chart below, you can see how the company has grown earnings, and revenue, over time. For finer detail, click on the image.

Of course the knack is to find stocks that have their best days in the future, not in the past. You could base your opinion on past performance, of course, but you may also want to check this interactive graph of professional analyst EPS forecasts for Pan American Silver.

Are Pan American Silver Insiders Aligned With All Shareholders?

Since Pan American Silver has a market capitalization of CA$8.4b, we wouldn't expect insiders to hold a large percentage of shares. But we do take comfort from the fact that they are investors in the company. Indeed, they hold US$26m worth of its stock. That shows significant buy-in, and may indicate conviction in the business strategy. Despite being just 0.3% of the company, the value of that investment is enough to show insiders have plenty riding on the venture.

Is Pan American Silver Worth Keeping An Eye On?

As I already mentioned, Pan American Silver is a growing business, which is what I like to see. If that's not enough on its own, there is also the rather notable levels of insider ownership. That combination appeals to me, for one. So yes, I do think the stock is worth keeping an eye on. Once you've identified a business you like, the next step is to consider what you think it's worth. And right now is your chance to view our exclusive discounted cashflow valuation of Pan American Silver. You might benefit from giving it a glance today.

Although Pan American Silver certainly looks good to me, I would like it more if insiders were buying up shares. If you like to see insider buying, too, then this free list of growing companies that insiders are buying, could be exactly what you're looking for.

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

CEO Clynt Nauman has done a decent job of delivering relatively good performance at Alexco Resource Corp. (TSE:AXU) recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 10 June 2021. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

Check out our latest analysis for Alexco Resource

How Does Total Compensation For Clynt Nauman Compare With Other Companies In The Industry?

Our data indicates that Alexco Resource Corp. has a market capitalization of CA$554m, and total annual CEO compensation was reported as CA$1.4m for the year to December 2020. We note that's a decrease of 24% compared to last year. While we always look at total compensation first, our analysis shows that the salary component is less, at CA$382k.

On comparing similar companies from the same industry with market caps ranging from CA$242m to CA$969m, we found that the median CEO total compensation was CA$960k. This suggests that Clynt Nauman is paid more than the median for the industry. What's more, Clynt Nauman holds CA$8.6m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Component	2020	2019	Proportion (2020)
Salary	CA$382k	CA$389k	28%
Other	CA$982k	CA$1.4m	72%
Total Compensation	CA$1.4m	CA$1.8m	100%

Talking in terms of the industry, salary represented approximately 58% of total compensation out of all the companies we analyzed, while other remuneration made up 42% of the pie. In Alexco Resource's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

A Look at Alexco Resource Corp.'s Growth Numbers

Alexco Resource Corp. has reduced its earnings per share by 56% a year over the last three years. Its revenue is up 131% over the last year.

The reduction in EPS, over three years, is arguably concerning. But on the other hand, revenue growth is strong, suggesting a brighter future. These two metrics are moving in different directions, so while it's hard to be confident judging performance, we think the stock is worth watching. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has Alexco Resource Corp. Been A Good Investment?

Boasting a total shareholder return of 103% over three years, Alexco Resource Corp. has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary…

Although the company has performed relatively well, we still think there are some areas that could be improved. EPS growth is still weak, and until that picks up, shareholders may find it hard to approve a pay rise for the CEO, since they are already paid above the average in their industry.

We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. We did our research and identified 4 warning signs (and 2 which shouldn't be ignored) in Alexco Resource we think you should know about.

Switching gears from Alexco Resource, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

LITTLETON, CO / ACCESSWIRE / June 4, 2021 /Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the "Company" or "Ur-Energy") announces the results of the Company's Annual and Special Meeting of Shareholders held June 3, 2021, including the election of Directors.

Each of the nominee Directors listed in the Company's management proxy circular dated April 21, 2021 was elected as a Director. The Company received proxies with regard to voting on the seven Directors nominated for election, as follows:

Nominee	Votes For	%	Votes Withheld	%
Jeffrey T. Klenda	45,295,201	99.49	232,575	0.51
James M. Franklin	41,311,952	90.74	4,215,824	9.26
W. William Boberg	37,468,013	82.30	8,059,763	17.70
Thomas Parker	45,288,157	99.47	239,619	0.53
Gary C. Huber	41,369,040	90.87	4,158,736	9.13
Kathy E. Walker	45,326,030	99.56	201,746	0.44
Rob Chang	41,379,041	90.89	4,148,735	9.11

Additionally, there were 49,854,083, non-votes in the election.

The Company's independent auditors PricewaterhouseCoopers LLP were reappointed by the Shareholders, and the Directors of the Company were authorized to fix the remuneration of the auditors.

The "say on pay" vote to approve executive compensation was approved with 80.44% of the votes cast voting for the non-binding advisory vote.

Amendments to the Amended and Restated Restricted Share Unit and Equity Incentive Plan of the Company were approved by a majority of the votes represented (78.08%), after the exclusion of votes held by certain insiders and their affiliates.

About Ur-Energy

FOR FURTHER INFORMATION, PLEASE CONTACT

Jeffrey Klenda, Chairman and CEO
866.981.4588
Jeff.Klenda@Ur-Energy.com

SOURCE: Ur-Energy Inc.

View source version on accesswire.com:
https://www.accesswire.com/650438/Ur-Energy-Reports-Results-of-Annual-and-Special-Shareholders-Meeting

MISSISSAUGA, Ontario, June 03, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the "Company" or “Canada Carbon”) (TSX-V:CCB), (FF:U7N1) is proud to launch the Miller Project microsite and its official logo. This microsite (https://projectmiller.ca/) is a new step in informing the public and stakeholders about the Project. It was officially presented at the virtual information session for stakeholders held on May 25, 2021. This microsite is now the place to easily find all documents, information, press releases and videos about the Miller Project.

Canada Carbon has been working over the last few months to develop this new participatory platform in order to meet the Company's need to establish a space in French and English where the community of Grenville-sur-la-Rouge and the various stakeholders concerned by the Project can be informed and consulted. In addition, registration to this stakeholder forum will allow people to be notified of updates, news, participate in consultation activities, give their opinions and send their questions.

“Our goal in launching the new microsite is to provide stakeholders with factual, relevant and understandable information about the Miller Project on an easy tonavigate platform. We hope that it will be a tool to establish a constructive and positive dialogue,'' says interim CEO Olga Nikitovic.

Canada Carbon is pleased to share the full recording of its virtual information meeting held on May 25, 2021 on the microsite. "We are making the entire presentation available and providing a written version of the session in both French and English to allow for better understanding for all of our stakeholders. In addition, questions asked during the evening and those received since will also be answered and the content will be available on our microsite in the coming weeks," said Valérie Pomerleau, Director of Public Affairs and Communications.

The virtual meeting was the first of many and, as soon as the COVID situation allows, Company representatives will organize face-to-face discussions.

For further information:
Olga Nikitovic
Interim CEO
Canada Carbon Inc.
info@canadacarbon.com

Valerie Pomerleau
Director Public Affairs and Communications
Canada Carbon Inc.
vpomerleau@canadacarbon.com
(819) 856-5678

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

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EnerSys' Earnings Easily Cover the Distributions

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In Summary

Albemarle’s Earnings and Revenues Top Estimates in Q1

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Financials

Guidance

Pan American Silver's Earnings Per Share Are Growing.

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Is Pan American Silver Worth Keeping An Eye On?

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Has Alexco Resource Corp. Been A Good Investment?

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