ARIS
Aris MiningBDocument history
Earnings documents stored for ARIS.
Investor releaseQuarter not tagged2026-05-28RUA GOLD Welcomes Richard Thomas to the Board of Directors and Announces 2026 AGSM Results
TMX Newsfile
RUA GOLD Welcomes Richard Thomas to the Board of Directors and Announces 2026 AGSM Results
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) ("RUA GOLD" or the "Company") is pleased to announce the election of Richard Thomas as an independent director of the Company. Mr. Thomas is a highly experienced mining executive with more than 35 years in the mining industry. He has held senior leadership positions throughout his career, most recently serving as Chief Operating Officer and co-founder of Aris Mining. His expertise spans mine development, technical services, project execution, and business strategy, with a strong track record of improving production, extending mine life, and enhancing safety performance. A qualified Mining Engineer, Mr. Thomas has led operations and large-scale projects across Africa, Asia, and the Americas. Mr. Thomas' extensive operational and development experience, together with his understanding of the opportunities within RUA GOLD's growth strategy, will provide valuable guidance to the Board as the Company advances its corporate and exploration objectives. Oliver Lennox-King, Chair of RUA GOLD, commented "I am pleased to welcome Richard to the RUA GOLD Board as an independent director. He brings significant technical expertise and extensive project development experience, which will be of substantial benefit to the Company as we advance the prefeasibility study currently underway on the Reefton Gold Project." The Company also announces that Paul Criddle and Mario Vetro did not stand for re-election to the Board of Directors. RUA GOLD would like to thank both Mr. Criddle and Mr. Vetro for their years of dedicated service as independent directors, and for their valuable capital markets and technical support during their tenure as directors. AGM Voting Results RUA GOLD also announces the voting results from its Annual General Meeting held on May 28, 2026 (the "AGSM"). Shareholders voted in favour of all items of business presented at the AGSM, as detailed below. A total of 114,934,427 shares were represented at the AGSM, representing 64.91% of the Company's issued and outstanding shares. At the AGSM, the Shareholders of the Company also approved: ABOUT RUA GOLD RUA GOLD is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across...
Investor releaseQuarter not tagged2026-05-13Aris Mining (ARIS) Reports Record Q1 2026 Results Driven by Increased Gold Production
Insider Monkey
Aris Mining (ARIS) Reports Record Q1 2026 Results Driven by Increased Gold Production
Aris Mining Corporation (NYSE:ARIS) is one of the best Canadian gold stocks to buy right now. On May 6, Aris Mining reported record financial results for Q1 2026, highlighted by $364 million in gold revenue and adjusted net earnings of $124 million ($0.60 per share). Gold production rose to 74.3 thousand ounces, a 6% increase from the previous quarter, driven by the Segovia Operations and the Marmato Mine. The company strengthened its balance sheet significantly, ending the quarter with $472 million in cash and reducing its net debt to near zero. Operations at Segovia saw a 5% production increase to 66.6 thousand ounces, benefiting from higher mill feed grades and owner-operated mining costs of $1,492 per ounce, which outperformed annual guidance. At Marmato, production rose 16%, and construction of the new 5,000 tonnes per day CIP plant remains on schedule for first gold in Q4 2026. A major milestone was achieved in April with the underground decline breakthrough, providing direct access to the new plant infrastructure. Photo by Scottsdale Mint on Unsplash Aris Mining Corporation (NYSE:ARIS) is also advancing its growth pipeline toward a long-term goal of 1 million annual ounces of gold production. The Toroparu Project in Guyana is undergoing a prefeasibility study targeted for completion in H2 2026, with a construction decision expected in early 2027. Meanwhile, at the Soto Norte Project in Colombia, the company is finalizing studies for an environmental license application to be submitted in Q2 2026, using a collaborative approach with local regulators and community miners. Aris Mining Corporation (NYSE:ARIS) operates, develops, and explores gold, silver, and copper projects across Canada, Colombia, and Guyana. While we acknowledge the potential of ARIS 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: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
Investor releaseQuarter not tagged2026-05-08Aris Mining Reports Results of 2026 Annual General Meeting
Business Wire
Aris Mining Reports Results of 2026 Annual General Meeting
VANCOUVER, British Columbia, May 07, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) reports voting results from its Annual General Meeting of Shareholders (the Meeting) held earlier today. AGM Voting Results Shareholders holding 86,832,318 shares, being 42.09% of the outstanding shares of the Company, were represented in-person or by proxy at the Meeting. The voting results from the Meeting are as follows: Election of Directors The following directors were elected to the Company’s Board: Appointment of Auditor KPMG LLP was appointed as the auditor of the Company for the 2026 fiscal year, with their remuneration to be set by the Board. RSU Plan Resolution The Company’s amended and restated restricted share unit plan, together with all unallocated share units, rights or other entitlements pertaining to such plan, were approved. PSU Plan Resolution The Company’s amended and restated performance share unit plan, together with all unallocated share units, rights or other entitlements pertaining to such plan, were approved. Stock Option Plan Resolution The Company’s amended and restated incentive stock option plan, together with all unallocated options, rights or other entitlements pertaining to such stock option plan, were approved. Say-on-Pay Advisory Vote The Company’s non-binding shareholder advisory vote on executive compensation, also known as "Say-on-Pay", was approved. About Aris Mining Aris Mining is a Canadian gold mining company focused on South America. The Company operates the Segovia and Marmato underground gold mines in Colombia, which together produced approximately 257,000 ounces of gold in 2025. Aris Mining is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ARIS. The Company is advancing expansion projects at Segovia and Marmato that are expected to increase annual gold production to approximately 500,000 ounces1, driven by the ramp-up at Segovia following the installation of the second mill, which was completed in June 2025, and construction of the new Marmato bulk mine and CIP plant, with first gold expected in Q4 2026. Aris Mining’s portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production2. Key projects include the high-grade Soto Norte gold project in Colombia, where environmental studies are being finalized...
Investor releaseQuarter not tagged2026-05-07Aris Mining Reports Q1 2026 Results
Business Wire
Aris Mining Reports Q1 2026 Results
Record Revenue, Cash Flow, and Adjusted Earnings with All Four Assets Advancing VANCOUVER, British Columbia, May 06, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) announces its financial and operating results for the three months ended March 31, 2026 (Q1 2026). All amounts are in U.S. dollars unless otherwise indicated. Q1 2026 Financial Performance Production of 74.3 thousand ounces (koz) of gold, up 6% from Q4 2025. Gold revenue of $364 million, up 21% from Q4 2025. Adjusted EBITDA1 of $212 million, up 26% from Q4 2025. On a trailing 12-month basis, Adjusted EBITDA1 of $610 million. Adjusted net earnings of $124 million or $0.60/share, up from $0.46/share in Q4 2025. Cash balance of $472 million as of March 31, 2026, up $80 million from December 31, 2025. Net debt reduced to near zero. Neil Woodyer, Chair and CEO, commented, "Supported by record financial results and strong cash generation from our operations, we advanced all four of our assets in Q1 2026. At Segovia, the ongoing ramp-up contributed to a 5% increase in production compared with Q4 2025. At Marmato, construction of the new 5,000 tonnes per day (tpd) CIP plant remains on schedule for first gold in Q4 2026, and the April 2026 decline breakthrough into the cross-cut marked an important milestone, providing direct access to the plant. At Toroparu, the prefeasibility study is progressing well, with updated mineral resource and reserve estimates advancing to support mine schedule optimizations, and a construction decision is expected in early 2027. At Soto Norte, the submission of the environmental license application is nearing completion, alongside active engagement with the Colombian regulators to support a collaborative approach to the submission and review process. With our producing assets delivering strong results and our growth projects continuing to advance, Aris Mining is well positioned to achieve its longer-term objective of approximately 1 million ounces of annual gold production.2 With the right assets in place, we remain focused on executing and delivering against our plans." Q1 2026 Operational Performance Segovia produced 66.6 koz, a 5% increase over Q4 2025. Production reflected the processing of 175.4 thousand tonnes (kt) at 12.41 g/t, compared to 201.1 kt at 10.10 g/t in Q4 2025. AISC margin increased 31% to $199 million fro...
TranscriptFY2026 Q12026-05-07FY2026 Q1 earnings call transcript
Earnings source - 32 paragraphs
FY2026 Q1 earnings call transcript
Good morning, everyone, welcome to the Aris Mining first quarter 2026 results call. We will begin with an overview from management, followed by a question and answer period. To join the question queue, you may press star then one on your telephone keypad. You'll hear a tone acknowledging your request. As a reminder, all participants are in listen-only mode, and the conference is being recorded. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. Please note that the accompanying presentation that management will refer to during today's call can be found in the Events and Presentations section of the Aris Mining website at aris-mining.com. First quarter 2026 financial reports for Aris Mining have been filed on SEDAR+ and EDGAR and can also be found on their website.
I would now like to turn the conference over to Mr. Neil Woodyer, Chief Executive Officer. Please go ahead.
Thank you, operator, and welcome to our Q1 2026 earnings call. Joining me today are Doug, Oliver, Cam, Dustin, Corné, and Alejandro. Before we begin, please note the disclaimer on slide two. Moving to slide three. Aris Mining delivered a solid start to 2026, supported by high production, a stronger realized gold price, and continued progress across our growth portfolio. Gold production totaled 74,000 ounces, gold revenue of $364 million, up 20% from Q4. Adjusted EBITDA of $212 million, up 25%. Adjusted net earnings of $124 million, or $0.60 per share, up from $0.46 per share in Q4. Our operations generated cash flow that funded our growth and expansion projects during the quarter while generating $42 million of free cash flow.
Looking across our portfolio, we continue to advance each of our four assets. At Segovia, the ramp-up of the expanded mill is progressing well. The focus remains on increasing owner mining rates and developing our CMP business to support the new 3,000 ton per day processing facility. At Marmato, construction of the new 5,000 ton per day CIP plant remains on schedule for first gold production in Q4 of this year. In April, we connected the decline to the crosscut, making an important milestone and providing direct underground access between the mining, the bulk mining zone and the new CIP plant infrastructure. Toroparu. The pre-feasibility study is progressing well and remains on schedule for completion in the second half of 2026, so we can make a construction decision in early 2027. Updated mineral resource and reserve estimates are advancing to support the mine schedule optimizations.
Select pre-construction activities continued during the quarter, including construction of the bridge at the Puruni River crossing, key personnel ramp-up, camp expansion, and ongoing roadworks. At Soto Norte, the environmental license application is nearing completion. It's on track for submission in the second quarter. We continue to actively engage with the Colombian regulators to support a collaborative approach to the submission and review process. With our producing assets delivering strong results and our growth projects continuing to advance, Aris Mining is well-positioned to achieve its longer-term objective of approximately a million ounces of annual gold production from the assets we currently own. With that, I'd like to hand over to Cam to review our financial performance.
Thanks, Neil. Turning to slide four. The key message from the financial results this quarter is the continued strengthening of our business. We're seeing the benefit of higher production volumes, strong realized gold prices, and disciplined cost management flowing through the income statement and into the balance sheet. The charts on this slide show the following progression over the past five quarters. Gold ounces sold, revenue, adjusted EBITDA, and adjusted earnings per share have all moved meaningfully higher, and importantly, the improvement has been consistent across our financial metrics. Please turn to slide five for a discussion of the key cash flow drivers.
We entered the first quarter with a cash balance of $472 million, up $80 million from the $392 million at the end of 2025, reflecting $103 million of operating free cash flow after sustaining capital and taxes paid, which despite an additional $44 million from increased cash mine operating earnings, was $22 million lower than it was in Q4 due to working capital movements and share-based incentive settlements. The $61 million invested in growth and expansion capital comprised mainly of the $47 million spent at Marmato, as well as a $40 million installment received under Marmato's precious metal stream following the achievement of the 50% construction capital expenditures milestone.
In Q1 2026, just as in full year 2025, we generated free cash flow while investing significantly in organic growth, which contributed to the steady growth of our cash balance over the year. The only exception being the temporary decline of our cash balance in Q4 of last year, which reflected the $60 million cash consideration paid for our acquisition of the remaining 49% interest in Soto Norte. It's also notable that our net debt was reduced to $1.6 million, down from the $86 million at year-end due to our increasing cash balance. I'd like to now hand the call over to Dustin to discuss our operational results.
Thank you, Cam. Turning to slide six. Aris Mining reported consolidated gold production of 74,300 ounces in the first quarter, a 6% increase over Q4 2025, to which Segovia contributed 66,600 ounces and Marmato 7,800 ounces. Worth highlighting are the strong gold grades delivered at both of our operations. At Segovia, our mill feed in Q1 had an average gold grade of 12.41 grams per ton, significantly above reserve grade of 10.7. At Marmato, the first quarter mill feed grade was 3.53, also above reserve grade of 3.16 grams per ton.
At Segovia, our AISC margin increased at $2,935 per ounce, up 128% from Q1 2025 and up 25% from Q4 2025, reflecting higher realized gold prices and increased gold sales volumes. Translated to AISC margin of $199 million, up 31% from Q4 2025. Owner operated mining comprised 64% of the mill feed with an AISC of $1,492 per ounce, down from $1,662 per ounce last quarter, and outperforming the full year 2026 guidance range of $1,700-$1,800 per ounce. This improvement was primarily driven by higher gold ounces sold on stronger average gold grades. Our CMP business generated an AISC sales margin of 40%, achieving the top end of the full year 2026 guidance range of 35%-40%.
Turning to the chart on the bottom right, we highlight the continued expansion in margins at Segovia, driven by the rising realized gold prices and disciplined cost controls. In Q1 2026, the AISC margin continued to widen compared to previous quarters. Looking ahead, with our production profile being weighted towards the second half of the year in a supportive gold price environment, we're well-positioned to keep generating strong cash flow to fund our growth. Moving to slide seven. As discussed previously, we installed a second ball mill at Segovia in June of last year, which increased our processing capacity by 50% up to 3,000 tons per day. In order to run our expanded processing plant consistently at 3,000 tons a day, we need to increase both our owner mining rates and our CMP mill feed.
To facilitate the former, we're enhancing haulage capacity by way of building an interconnected underground haulage circuit, which will connect three of our four principal underground mines at Segovia, being El Silencio, Providencia, and Sandra K. We're driving new ramps to surface in both our El Silencio and Providencia mines. In addition to increasing the mill feed, these development projects have a few other positive attributes, such as enhanced productivity by enabling more efficient transport of workers or in waste, shortened cycle times, eliminating long routes and multiple shafts. We also eliminate a lot of our haulage through the main town of Marmato. We expect to deliver the El Silencio ramp in Q4 2026, the connection between El Silencio and Sandra K in Q1 2027, and the Providencia ramp in connection to El Silencio in Q1 2028, enabling steady state production from next year onwards.
With that, I'd like to pass it over to Corné for an update on the construction progress at Marmato.
Thank you, Dustin. Moving to slide eigth. At Marmato, construction of the CIP plant and development in the bulk mining zone continues to advance with significant progress both underground and on surface. Last month, we achieved an important milestone as the new underground decline broke through into the Los Indios crosscut. This connection enabled direct access from the bulk mining zone into the new 5,000 tons per day CIP plant. It also establishes an additional access and ventilation pathway, facilitating ore and waste haulage between existing and new infrastructure and supporting the initial ramp-up of mine production. Construction of underground workshops, main pump station, and field offices will begin in Q2 2026. Development of the main decline to the bulk mining zone is over 1,200 meters advanced, which equates to a completion rate of more than 70%. Moving to slide nine.
On surface, bulk earthworks for the process plant platform have been completed, along with key foundations for the mills, tailings thickener, and the leach and CIP tanks. Civil, mechanical, and electrical works are continuing to advance well. In terms of equipment, all long lead items required for first gold have been ordered. Major equipment, including the primary crusher, SAG and ball mill, and filter presses, are ready to be moved from storage in Cartagena and Medellín to our Marmato construction site, with deliveries beginning this month. In Q1, we entered into a leasing agreement with Sandvik, ordering an underground mining and development fleet. Equipment deliveries are scheduled to commence in Q3. Construction activities are progressing as planned, and we remain on schedule for first gold in Q4 2026. We expect a progressive stage production ramp up to steady state operations during 2027. Turning to slide 10.
As you'll see in the photos of this slide, work is continuing around the clock, underscoring both the pace and scale of development underway. Approximately 850 people work on site during the day, and 250 people are on night shift, focused on work streams we deem safe at night. Last month, the project team achieved 365 days lost time, injury-free. I would like to thank everyone involved for their continued commitment to safe, safely advancing the project. A new video showing the progress of the project is also available on our website. The link is available at the bottom of this slide. With that, I'd like to pass it over to Neil for his closing remarks.
Turning to slide 11. Building on our strong first quarter performance, we remain firmly committed on track to deliver our full year 2026 guidance of 300,000-350,000 ounces. Looking ahead, our focus remains on advancing all four core assets. Ramping up Segovia throughout the year, targeting gold production of 265,000-300,000 ounces for the year. Achieving a first pour for Marmato CIP plant in Q4, followed by a progressive ramp-up during 2027. Publishing the PFS for Toroparu in the second half of the year, as well as conducting additional work for enabling construction readiness and a construction decision for early 2027. Submitting the environmental license application for Soto Norte in Q2.
With our producing assets delivering strong results, our financial position and our growth projects continuing to advance, Aris Mining is well-positioned to achieve its longer-term objectives of approximately 1 million ounces of annual gold production from the assets we currently own. Thank you for joining us today. Operator, please open the line for questions.
Certainly. To join the question queue, you may press star then one on your telephone keypad. You'll hear a tone acknowledging your request. If you're using a speakerphone, please pick up your handset before pressing any keys. To withdraw your question, please press star then two. Our first question is from Carey MacRury with Canaccord Genuity. Please go ahead.
Hi. Good morning, guys, and congrats on the strong results. Maybe first on Segovia, just wondering if you can give us some more color on the development. Just given that some of these ramps won't be done until you're showing 2028. When should we expect you to hit the 3,000 tons a day, and is that gonna happen sort of, you know, continuously over the next four or five quarters, or is there step functions? Just some more color on how we should think about the ramp-up of underground mines tons.
Hi, Carey. I'll take that one. Yeah, obviously some of the development extends into 2028, being mainly in Providencia. Our biggest production area, as you know from your visit, is Silencio, and all of that development is coming to completion at the end of this year. Our expectation is to hit the 3,000 ton a day mark towards the end of this year, early 2027, and maintain it. Providencia coming online through the ramp and the access just makes it that much easier for our logistics. Really it's the Silencio and San Jorge connections that really open up our 3,000 ton a day production.
Okay, great. Should we see a pickup in Q2, or is it more of a H2 pickup?
No, it's more towards the second half. It'll be probably late Q3, Q4, where we really start to see it. Again, all that development just having to get completed and open these additional areas and debottleneck our Silencio mine.
Okay. Just on the grade at Segovia, obviously it was high grade this quarter, 12.4 grams per ton. Was that just positive grade reconciliation? Should we expect that to continue into Q2, or just some guidance on grade available?
No. Our grade guidance still remains within the 9 to 10 grams per ton. We got lucky in our one of our newer veins. We kinda hit a high-grade pocket, and we really wanted to push and get that out given some of the logistical challenges. We basically focused on that through Q1 to mine that area out and get it up in into our mill.
Okay, great. Maybe just one last one. I mean, your cash balance continues to increase. You're generating free cash flow. On my numbers, it looks like that's set to continue at these prices. Are you guys thinking about share buybacks or anything like that at this point in time, or just how you're thinking about the balance sheet?
I think when you look at our cash balance, you look at the fact Segovia is generating a lot of cash. I understand the point you're raising. On the other hand, we are doing the expansion of the two mines at the moment. We have two more projects in the pipeline that certainly one we would hope to start constructing next year. We have a long-term cash requirement as we expand the business. Ultimately, when we're generating cash without expansion, of course, we'll turn to a dividend.
Okay, great. That's it for me. Thanks.
Thanks, Carey.
Once again, if you have a question, please press star then one. There appear to be no further questions. I'd like to turn the conference back over to Mr. Woodyer for closing remarks.
Thank you, operator. Thank you, everybody, for taking the time to come and listen to the presentation. We're very happy with the results, and believe me, we will continue to perform in the future as we have in the past. Thank you very much, everybody.
This brings to a close today's conference call. You may disconnect your lines. Thank you for participating, and have a pleasant day.
Investor releaseQuarter not tagged2026-05-06ATI Q1 Earnings Beat Estimates on Robust Demand, Revenues Miss
Zacks
ATI Q1 Earnings Beat Estimates on Robust Demand, Revenues Miss
ATI Inc. ATI posted adjusted earnings of $1 per share for the first quarter of 2026, up 39% from the year-ago quarter. The figure beat the Zacks Consensus Estimate of 88 cents by 13.6%. Sales of $1,151.5 million rose 1% year over year but missed the consensus estimate of $1,186.1 million by 2.9%. Strength in aerospace and defense demand supported results, while profitability benefited from improved mix and pricing. The consolidated adjusted EBITDA lift of 19% year over year to $231.7 million pointed to better operating leverage and a richer product mix, particularly in the company’s higher-value materials portfolio. ATI Inc. price-consensus-eps-surprise-chart | ATI Inc. Quote High-Performance Materials & Components (HPMC) generated sales of $614.3 million, up 5.2% from the year-ago quarter. However, the figure fell short of the consensus estimate of $647 million. Segment EBITDA rose 16.7% year over year to $152.9 million. Advanced Alloys & Solutions (AA&S) posted sales of $537.2 million, down 4.1% year over year. The figure missed the consensus estimate of $559 million. Segment EBITDA increased 16.3% to $97 million, reflecting stronger price/mix despite the sales decline. ATI ended the quarter with cash and cash equivalents of $401.7 million, compared with $416.7 million at the end of 2025. The company’s cash position reflected the combination of higher operating cash generation and continued capital returns, alongside typical working-capital movements. Long-term debt totaled $1,794.7 million at quarter end, up from $1,718.3 million at the end of 2025. Management lifted full-year expectations following the first-quarter performance. For the second quarter of 2026, ATI expects adjusted EBITDA of $245-$255 million and adjusted earnings of 98 cents-$1.04 per share. For full-year 2026, adjusted EBITDA is now expected to be in the range of $1,010-$1,060 million, up from the prior $975-$1,025 million view. Adjusted earnings guidance was raised to $4.20-$4.48 per share from $3.99-$4.27 previously, alongside a higher adjusted free cash flow outlook of $465-$525 million versus the prior $430-$490 million range. ATI’s shares are up 123.7% over a year compared with the 23.8% growth recorded by the industry. Image Source: Zacks Investment Research ATI currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the basic materials space are CF Industries Holdi...
Investor releaseQuarter not tagged2026-05-06DD Q1 Earnings Beat on Productivity Gains, Sales Rise Y/Y
Zacks
DD Q1 Earnings Beat on Productivity Gains, Sales Rise Y/Y
DuPont de Nemours, Inc. DD reported adjusted earnings of 55 cents per share for the first quarter of 2026, up 52.8% year over year. The figure topped the Zacks Consensus Estimate of 48 cents by 14.6%. Net sales of $1,681 million were up 4.3% from the year-ago quarter and beat the consensus estimate of $1,664.9 million by 1%. Organic sales increased 2%, reflecting strength in healthcare and aerospace end markets. Profitability strengthened meaningfully in the reported quarter through organic growth, favorable mix, productivity gains and lower interest expense. DuPont’s materials and solutions portfolio benefited from execution gains, even as certain end markets remained uneven during the quarter. DuPont de Nemours, Inc. price-consensus-eps-surprise-chart | DuPont de Nemours, Inc. Quote Healthcare & Water Technologies posted net sales of $806 million, up 6% year over year, reflecting 3% organic growth and a 3% currency benefit. Within the segment, Healthcare Technologies delivered high-single-digit organic growth on broad-based demand led by medical packaging and biopharma, while Water Technologies declined in low to mid-single digits organically as strength in industrial water and microelectronics markets was more than offset by Middle East logistics disruptions. Diversified Industrials generated net sales of $875 million, up 3% year over year, driven by a 3% currency tailwind, while organic sales were about flat. Building Technologies was down low single digits organically due to continued weakness in construction markets, while Industrial Technologies rose low-single digits organically on strength in aerospace and automotive, partly offset by declines in printing and packaging. DuPont ended the quarter with cash and cash equivalents of $710 million. The balance sheet reflected long-term debt of $3,132 million, providing a snapshot of the company’s capital structure following recent portfolio actions. Cash provided by operating activities from continuing operations was $232 million in the quarter, underscoring improved cash generation versus the year-ago period. DuPont announced a $275 million accelerated share repurchase plan, reinforcing its emphasis on capital deployment alongside operational execution. For the second quarter of 2026, DuPont expects net sales of about $1.8 billion and operating EBITDA of about $430 million. Adjusted earnings are projected...
Investor releaseQuarter not tagged2026-05-05Agnico Eagle's Q1 Earnings and Sales Beat on Higher Gold Prices
Zacks
Agnico Eagle's Q1 Earnings and Sales Beat on Higher Gold Prices
Agnico Eagle Mines Limited AEM reported earnings of $3.41 per share for the first quarter of 2026, up from $1.53 in the year-ago quarter. Barring one-time items, earnings were $3.40 per share, up from $1.53 a year ago, beating the Zacks Consensus Estimate of $3.19. The company generated revenues of $4,099.6 million, up 66.1% year over year. The top line surpassed the Zacks Consensus Estimate of $3,842.8 million. Agnico Eagle Mines Limited price-consensus-eps-surprise-chart | Agnico Eagle Mines Limited Quote Payable gold production was 825,109 ounces in the reported quarter, down 5.6% from 873,794 ounces in the prior-year quarter. The figure missed our estimate of 859,426 ounces. Total cash costs per ounce for gold were $1,093, up from $895 a year ago. It topped our estimate of $1,057. Realized gold prices were $4,861 per ounce in the quarter, up from $2,891 a year ago. It outpaced our estimate of $4,167. All-in-sustaining costs were $1,483 per ounce in the quarter compared with $1,175 a year ago. It was higher than our estimate of $1,353. AEM ended the quarter with cash and cash equivalents of $3,112 million, up 8.6% sequentially. Long-term debt was $197 million. Total cash from operating activities amounted to $1,346 million in the first quarter, up from $1,044 million a year ago. For full-year 2026, the company maintains gold production expectations between 3.3 million and 3.5 million ounces, with production now expected to be weighted 48% to the first half and 52% to the second half. Total cash costs per ounce are projected between $1,020 and $1,120, while AISC is forecast in the range of $1,400 to $1,550 per ounce. The company expects capital expenditures, excluding capitalized exploration, to be between $2.175 billion and $2.395 billion. Capitalized exploration is projected in the range of $290 million to $330 million. Exploration and corporate development expenses are expected to be between $275 million and $305 million. Depreciation and amortization expenses are forecast in the range of $1.55-$1.75 billion. The company anticipates general and administrative expenses between $230 million and $260 million. Other costs are projected between $75 million and $95 million. AEM expects NTI payments of $185-$195 million for 2026. The effective tax rate is projected between 34% and 36%, with cash taxes estimated in the range of $3.4-$3.6 billion. AEM shares hav...
Investor releaseQuarter not tagged2026-05-05Kinross Gold Q1 Earnings and Sales Beat on Higher Gold Prices
Zacks
Kinross Gold Q1 Earnings and Sales Beat on Higher Gold Prices
Kinross Gold Corporation KGC reported a profit of $843 million or 70 cents per share for the first quarter of 2026. The figure increased from a profit of $368 million or 30 cents per share recorded in the year-ago quarter. KGC reported adjusted earnings of 71 cents per share, up from the prior-year quarter’s figure of 30 cents. The bottom line beat the Zacks Consensus Estimate of 68 cents. Revenues rose roughly 61% year over year to $2,407.7 million in the first quarter. The figure beat the Zacks Consensus Estimate of $2,174 million. The rise is attributed to a higher average realized gold price. Kinross Gold Corporation price-consensus-eps-surprise-chart | Kinross Gold Corporation Quote The company produced attributable 492,563 gold equivalent ounces in the reported quarter, down around 4% year over year. Consolidated production was 500,941 ounces. The attributable production figure missed our estimate of 513,649. Average realized gold prices were $4,873 per ounce in the quarter, up around 71% from the year-ago quarter’s tally. The figure beat our estimate of $4,239 per ounce. The production cost of sales per gold equivalent ounce was $1,397, up 34% from the prior-year quarter’s levels. This was above beat our estimate of $1,244. All-in sustaining cost per gold-equivalent ounce sold rose nearly 28% year over year to $1,732. This was above surpassed our estimate of $1,586. Margin per gold equivalent ounce sold was $3,476 in the quarter, up from the prior-year quarter’s $1,814, representing growth of roughly 92%. Cash and cash equivalents were $2,185 million at the end of the quarter, up from $1,742.3 million at the end of the prior quarter. Long-term debt was $738.5 million at the end of the quarter, essentially flat sequentially unchanged from $738.2 million at the end of 2025. Kinross remains on track to meet its 2026 annual guidance. The company expects to produce 2 million gold equivalent ounces (+/- 5%) on an attributable basis in 2026, with a production cost of sales per gold equivalent ounce sold of $1,360 (+/- 5%) and an all-in sustaining cost of $1,730 (+/- 5%) per ounce sold. Total attributable capital expenditures are forecast to be $1,500 million (+/- 5%). Kinross’ shares have surged 90.1% in the past year compared with an 63% rise in the industry. Image Source: Zacks Investment Research KGC currently carries a Zacks Rank #3 (Hold). Some Better-r...
Investor releaseQuarter not tagged2026-05-04MEOH Q1 Earnings Miss Estimates on Lower Y/Y Methanol Pricing
Zacks
MEOH Q1 Earnings Miss Estimates on Lower Y/Y Methanol Pricing
Methanex Corporation MEOH reported adjusted earnings of 30 cents per share for the first quarter of 2026, down 76.9% from $1.30 in the year-ago quarter. The figure missed the Zacks Consensus Estimate of 47 cents by 36.2%. The profitability was pressured by weaker year-over-year methanol pricing and higher total cash costs, even as higher sales volume provided a meaningful offset. Methanex posted a net loss attributable to shareholders of $14 million, or 18 cents per share, primarily due to mark-to-market expense from share-based compensation linked to the company’s higher share price during the quarter. Quarterly revenues rose 8.7% year over year to $974 million and beat the Zacks Consensus Estimate of $963.9 million by 1%. Methanex Corporation price-consensus-eps-surprise-chart | Methanex Corporation Quote Methanex produced 2,391,000 tons of methanol in the first quarter, up from 1,619,000 tons a year ago. Management attributed the strong output to safe and reliable operations across the global portfolio, including contributions from the acquired Beaumont, TX assets, while noting that early-quarter production was briefly reduced in North America in response to high natural gas prices. The figure beat our estimate of 2,171,000 tons. Total methanol sales volume was 2,622,000 tons in the quarter versus 2,217,000 tons a year ago. The figure missed our estimate of 2,690,000 tons. The average realized price was $351 per ton, below $404 per ton in the year-ago quarter, reflecting a less favorable pricing environment year over year despite improvement from the prior quarter. The figure was above our estimate of $338. Methanex ended the quarter with cash and cash equivalents of $379 million compared with $425.3 million at the end of the prior quarter. Cash flow from operating activities was $132 million in the first quarter, reflecting working-capital headwinds as accounts receivable rose alongside higher pricing and inventory levels. Shareholder returns remained in place, with $14 million paid through regular dividends during the quarter. Methanex also repaid $60 million of Term Loan A as part of its stated priority to de-lever, and it reiterated access to a $600 million revolving credit facility to support liquidity. Methanex reiterated its expectation for 2026 production to be 9 million tons of methanol (Methanex interest) and 0.3 million tons of ammonia, with qu...
Investor releaseQuarter not tagged2026-05-04ASH Q2 Earnings and Sales Miss on Weak Pricing, Intermediates Weakness
Zacks
ASH Q2 Earnings and Sales Miss on Weak Pricing, Intermediates Weakness
Ashland Global Holdings Inc. ASH recorded income from continuing operations of $15 million or 32 cents per share for the second quarter of fiscal 2026 (ended March 31, 2026) compared with income of $30 million or 63 cents per share in the prior-year quarter. Barring one-time items, adjusted earnings were 91 cents per share, down 8% from the year-ago quarter figure of 99 cents. The bottom line missed the Zacks Consensus Estimate of 97 cents. Sales were up around 1% year over year to $482 million. The top line missed the Zacks Consensus Estimate of $490.8 million. Sales for the second quarter benefited from strength in Personal Care, resilient performance in Life Sciences and stabilization in Specialty Additives, partly offset by softness in Intermediates and lower pricing across segments. Ashland Inc. price-consensus-eps-surprise-chart | Ashland Inc. Quote Life Sciences: Sales in the segment were flat year over year at $172 million in the reported quarter. The figure missed the Zacks Consensus Estimate of $180 million. Performance reflected higher sales volumes within pharma applications, where demand remained resilient across most regions Personal Care: Sales in the division increased 3% year over year to $150 million. The metric missed the Zacks Consensus Estimate of $153 million. The year-over-year rise was driven by double-digit growth across the global platform, led by robust momentum in biofunctional actives, continued traction in microbial protection and strong execution across key care ingredients categories. Specialty Additives: Sales in the segment were flat year over year at $134 million and were in line with the Zacks Consensus Estimate. Performance reflected stable volumes driven by strong execution and continued share gains in coatings and performance specialties. Intermediates: Sales in the segment went down 5% year over year to $35 million. The figure missed the Zacks Consensus Estimate of $36.3 million. The decrease reflected stable market conditions in a trough environment, with lower BDO demand and pricing versus the prior year, as well as commercial and operating impacts related to the Calvert City outage. Cash and cash equivalents were $343 million at the end of the quarter, up around 12.8% sequentially. Long-term debt was $1,374 million, down roughly 0.9% from the prior quarter. For fiscal 2026, Ashland expects sales to be in the range o...
Investor releaseQuarter not tagged2026-05-01APD Q2 Earnings and Sales Beat Estimates on On-Site Volume, FX
Zacks
APD Q2 Earnings and Sales Beat Estimates on On-Site Volume, FX
Air Products and Chemicals, Inc. APD delivered second-quarter fiscal 2026 (ended March 31, 2026) adjusted earnings of $3.20 per share, up 19% from $2.69 in the year-ago quarter. The figure beat the Zacks Consensus Estimate of $3.05 by 4.9%. Revenues rose 8.8% year over year to $3,171.8 million and topped the consensus mark of $3,040.1 million. Profitability improved primarily due to higher on-site volumes, continued productivity and favorable currency. Lower depreciation also contributed to the quarter’s improvement, though pricing pressure in helium continued to weigh on the overall mix. Air Products and Chemicals, Inc. price-consensus-eps-surprise-chart | Air Products and Chemicals, Inc. Quote Americas sales increased 8% year over year to $1,384 million. The rise was driven by higher energy cost pass-through, higher volumes and favorable currency. Air Products said volumes improved across both on-site and merchant channels, including helium, though the prior year benefited from income tied to a one-time customer contract amendment. Asia sales climbed 8% to $833 million. The company pointed to higher volumes, favorable currency and higher energy cost pass-through as the main revenue supports, partially offset by lower pricing that it linked to helium. Europe sales rose 8% year over year to $789 million. The increase reflected favorable currency and higher volumes, while lower energy cost pass-through and slightly lower pricing, again influenced by helium, created offsets within the quarter’s revenue mix. Air Products ended the quarter with cash and cash equivalents of $951 million. The cash position reflects a period of elevated investment activity alongside continued shareholder returns. The capital expenditures for the quarter stood at $1.8 billion for the six-month period, while nearly $800 million in cash was returned to shareholders through dividends. Long-term debt was $17,086.6 million as of March 31, 2026, up roughly 20.7% year over year. Air Products raised its full-year fiscal 2026 adjusted earnings guidance to $13.00-$13.25 per share, supported by its strong first-half performance and expectations for continued execution on pricing and productivity. Management said new asset contributions are expected to build through the second half, adding to the underlying earnings profile. For the third quarter of fiscal 2026, APD expects adjusted earnings of...