Gold miners have paid off debt, increased dividends, and bought back stock, leaving them with excess cash and no leverage to reduce. The next phase in the bull market is expected to be acquisitions, with major producers likely to buy large projects from explorers who have yet to benefit from the rally. Production costs are rising alongside output, signaling that miners are processing lower-grade ore to maximize volume at high gold prices. Government royalties are also increasing, but high gold prices offset many operational challenges except permitting issues. The market expects continued upward trends in gold prices, with smart money supporting the sector despite potential Federal Reserve rate hikes.
Elizabeth Crain, a director at Core Scientific, has purchased 6,000 shares of the company. This insider buying may indicate her confidence in the company's future prospects. Such moves often attract investor attention as they can signal positive expe...
Hyperscale Data has stopped Bitcoin mining to focus on AI data center services, backed by a $1.2 billion contract at its Michigan facility. The company's assets, including cash and Bitcoin, are worth nearly double its market cap, suggesting undervalu...
Casey's General Stores reported strong Q1 2026 results, surpassing analyst expectations with an EPS of $7.37 versus $6.78 estimated and revenue of $5.68 billion beating the $5.56 billion forecast. Net income rose 27.1% year-over-year to $273.7 millio...
Academy Sports and Outdoors will announce its Q2 2026 earnings on September 9, with revenue expected to rise 3.8% year-over-year to about $1.66 billion. Analysts forecast earnings per share between $2.07 and $2.12, up from $1.94 last year, indicating...
Goldgroup Mining Inc. announced a private placement to raise up to $75 million, with $60 million already committed by major investors including Trafigura and Eric Sprott. The funds will accelerate exploration, advance projects like the San Francisco ...
