Latest news with #MichaelSiperco
Business Insider
16 hours ago
- Business
- Business Insider
RBC Capital Reaffirms Their Hold Rating on IAMGOLD (IAG)
In a report released on July 28, Michael Siperco from RBC Capital maintained a Hold rating on IAMGOLD, with a price target of $9.00. The company's shares closed yesterday at $6.97. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Siperco covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Orla Mining, and Equinox Gold. According to TipRanks, Siperco has an average return of 22.5% and a 64.67% success rate on recommended stocks. In addition to RBC Capital, IAMGOLD also received a Hold from TR | OpenAI – 4o's Orla Bullionna in a report issued on July 22. However, on July 28, Bank of America Securities reiterated a Buy rating on IAMGOLD (NYSE: IAG). Based on IAMGOLD's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $477.1 million and a net profit of $39.7 million. In comparison, last year the company earned a revenue of $338.9 million and had a net profit of $54.8 million Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IAG in relation to earlier this year.
Yahoo
22-07-2025
- Business
- Yahoo
RBC Capital Remains Bullish on New Gold (NGD)
New Gold Inc. (NYSE:NGD) is one of the best affordable stocks under $5 to invest in. In a report released on July 7, Michael Siperco from RBC Capital maintained a Buy rating on New Gold Inc. (NYSE:NGD) and set a price target of $6.00. New Gold (NGD) Drops 8.5%, Enters Oversold Territory; Time to Buy? Aerial view of an open mine with large cranes and excavators working on the surface. New Gold Inc. (NYSE:NGD) reported first-quarter consolidated production of 52,186 ounces of gold and 13.6 million pounds of copper at an all-in sustaining expense of $1,727 per gold ounce sold. Q1 2025 gold production accounted for around 15% of the midpoint of annual consolidated production guidance of 325,000 to 365,000 ounces of gold, prompting New Gold Inc. (NYSE:NGD) to be slightly ahead of its planned Q1 of 14%. New Gold Inc. (NYSE:NGD) is a Canada-based intermediate gold mining company that acquires, explores, and develops natural resources properties, including gold. It operates two core-producing assets in the country: the Rainy River gold mine and the New Afton copper-gold mine. New Gold Inc. (NYSE:NGD) also holds other Canadian-focused investments. While we acknowledge the potential of NGD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Business Insider
10-07-2025
- Business
- Business Insider
B2Gold (BTG) Gets a Hold from RBC Capital
In a report released on July 7, Michael Siperco from RBC Capital maintained a Hold rating on B2Gold, with a price target of $4.50. The company's shares closed yesterday at $3.57. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Siperco is a 5-star analyst with an average return of 22.1% and a 64.71% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Coeur Mining, and Wesdome Gold Mines. Currently, the analyst consensus on B2Gold is a Moderate Buy with an average price target of $4.94. The company has a one-year high of $3.83 and a one-year low of $2.20. Currently, B2Gold has an average volume of 51.99M. Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BTG in relation to earlier this year.
Business Insider
10-07-2025
- Business
- Business Insider
RBC Capital Sticks to Their Buy Rating for Hecla Mining Company (HL)
In a report released on July 7, Michael Siperco from RBC Capital maintained a Buy rating on Hecla Mining Company, with a price target of $7.00. The company's shares closed yesterday at $5.77. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Siperco is a 5-star analyst with an average return of 22.1% and a 64.71% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Coeur Mining, and Wesdome Gold Mines. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hecla Mining Company with a $7.06 average price target. Based on Hecla Mining Company's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $261.34 million and a net profit of $61.16 million. In comparison, last year the company earned a revenue of $189.53 million and had a GAAP net loss of $5.75 million Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is neutral on the stock. Most recently, in May 2025, Robert Krcmarov, the President & CEO of HL bought 14,867.00 shares for a total of $70,023.57.
Business Insider
10-07-2025
- Business
- Business Insider
RBC Capital Reaffirms Their Hold Rating on Lundin Gold (LUGDF)
In a report released on July 7, Michael Siperco from RBC Capital maintained a Hold rating on Lundin Gold, with a price target of C$54.00. The company's shares closed yesterday at $52.42. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Siperco is a 5-star analyst with an average return of 22.1% and a 64.71% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Coeur Mining, and Wesdome Gold Mines. The word on The Street in general, suggests a Hold analyst consensus rating for Lundin Gold with a $45.43 average price target, which is a -13.33% downside from current levels. In a report released on June 24, National Bank also downgraded the stock to a Hold with a C$89.00 price target. The company has a one-year high of $55.05 and a one-year low of $15.41. Currently, Lundin Gold has an average volume of 102.4K. Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LUGDF in relation to earlier this year.
