GOLD

This article first appeared on GuruFocus. Revenue: Fiscal Q4 revenue nearly doubled to $5 billion, up 99% from $2.5 billion in the prior-year quarter. Full-year revenue increased 132% to $25.5 billion. Gross Profit: Fiscal Q4 gross profit increased 35% to $110.3 million (2.2% of revenue). Full-year gross profit rose 115% to $453.1 million. Net Income: Fiscal Q4 net income attributable to the company totaled $12.2 million, or $0.41 per diluted share. Full-year net income was $82.3 million, or $3.02 per diluted share. SG&A Expenses: Fiscal Q4 SG&A expenses increased 46% to $77.9 million. Full-year SG&A expenses rose 98% to $275.6 million. Adjusted Net Income: Fiscal Q4 adjusted net income before provision for income taxes increased 29% to $24.7 million. Full-year adjusted net income rose 164% to $139.9 million. EBITDA: Fiscal Q4 EBITDA totaled $28.2 million, a decrease of 3%. Full-year EBITDA increased 179% to $179.8 million. Cash Position: Ended the quarter with $578 million in cash, compared to $77.7 million at the end of fiscal 2025. Gold Ounces Sold: Sold 521,000 ounces of gold in Q4, up 51% year-over-year. Full-year gold ounces sold totaled 2 million, up 24%. Silver Ounces Sold: Sold 15.3 million ounces of silver in Q4, down 2% year-over-year. Full-year silver ounces sold totaled 73.6 million, relatively unchanged. New Customers (DTC Segment): 67,900 new customers in Q4, down 38% year-over-year. Full-year new customers totaled 526,300, down 53%. Total Customers (DTC Segment): Approximately 4.7 million at quarter-end, a 13% increase from the prior year. Secured Loans: 367 secured loans as of June 30, 2026, up 9% from March 31, 2026. Loan portfolio value totaled $115.1 million, up 22% from June 30, 2025. Dividend: Announced a special dividend of $1 per share, in addition to maintaining the regular dividend of $0.20 per share. Warning! GuruFocus has detected 2 Warning Sign with GOLD. High Yield Dividend Stocks in Gurus' Portfolio This Powerful Chart Made Peter Lynch 29% A Year For 13 Years How to calculate the intrinsic value of a stock? Is GOLD fairly valued? Test your thesis with our free DCF calculator. Release Date: September 02, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Gold.com Inc (NYSE:GOLD) reported a 99% increase in Q4 revenues to $5 billion, driven by higher gold prices, increased gold ounces sold, and contributions from recent acquisitions like Monex and Sunshine Mint. The company delivered a 35% increase in gross profit for the quarter and a 115% increase for the full fiscal year, showcasing strong operational leverage and successful integration of acquired businesses. The strategic partnership with Tether is expanding, with gold and silver lease volumes now at multiples of initial disclosures, providing cheaper liquidity and driving growth in the Secured Lending segment. Management announced a special dividend of $1.00 per share in addition to the regular dividend of $0.20, reflecting confidence in cash flow and a commitment to returning capital to shareholders. The acquisition of Sunshine Mint is a major milestone, expanding production capacity and positioning the company to serve the US Mint and other sovereign mints, with expectations of meaningful operating synergies. Gold.com Inc (NYSE:GOLD) experienced a slowdown in demand starting in mid-March, which continued through Q4 and into the first two months of fiscal Q1 2027, leading to a 3% decrease in Q4 EBITDA year-over-year. New customer acquisition in the Direct-to-Consumer segment fell 38% year-over-year and 77% sequentially, indicating a cooling in retail investor enthusiasm during the quarter. Silver ounces sold decreased 2% year-over-year and 48% sequentially, and silver premiums narrowed, pressuring margins in the company's silver product lines. Higher interest rates are sapping momentum from gold and silver spot prices, creating a headwind for the business as precious metals tend to perform better in lower-rate environments. The company is incurring costs related to gold leases from Tether without yet fully deploying the liquidity, leading to a temporary headwind from contango costs that may take a couple of quarters to offset. Q: Can you describe the demand environment in the June quarter and how things are looking two months into the September quarter? Why was EBITDA flat year-over-year despite wider spreads?A: Greg Roberts (CEO) explained that the slowdown began in mid-March and continued through Q4 and into the first two months of fiscal Q1 2027, attributing it to the "on-again, off-again war situation" which causes customers to "sit on their hands." He clarified that while premiums may appear wider on certain products, the company deals in thousands of products with varying premiums, and lower sales volumes directly impact profitability. He emphasized that the business is "very healthy" and that they can make their entire year in one quarter when the environment sets up favorably. Q: How should we think about the implications of a higher-for-longer interest rate environment on consumer and investor interest in precious metals?A: Greg Roberts (CEO) stated that in his 50 years of experience, he has never seen gold behave more as an asset class than a hedge. He noted that higher interest rates are currently sapping momentum from gold and silver spot prices, as they historically perform better in lower-rate environments. While there have been dips in metal prices related to interest rates, he has not seen corresponding "dip buying" enthusiasm from retail customers. He emphasized the company's ability to adapt hourly to the changing macro environment. Q: Can you provide high-level thoughts on capital allocation, including strategic M&A, quarterly dividends, one-time dividends, and buybacks?A: Greg Roberts (CEO) reaffirmed the company's commitment to its quarterly dividend and stated that exceptional years, like fiscal 2026, would likely result in special dividends to reward shareholders. Regarding buybacks, he views the business on a multiple of its nearly $1 billion book value and would take a "long, hard look" at repurchasing shares if the price trades at a discount. He confirmed that M&A activity will not slow down, noting that short-term market slowdowns often create opportunities where sellers are less enthusiastic, and he is actively assessing potential deals. Q: Can you help us further understand how the Tether partnership contributed in the quarter and what areas you are looking to develop over the near term?A: Greg Roberts (CEO) described Q4 as a "get-to-know-you, digesting period" with Tether. The partnership has been a "win-win," with Gold.com providing storage and trading services, evidenced by high dollar amounts of gold and silver leases. While the current business is lower-margin and higher-volume, he noted that the actual figures are "at multiples of the numbers" disclosed in the initial transaction details. He sees "the sky is the limit" for the relationship, expecting to learn from Tether's expertise in digital products. Q: Now that you fully own Sunshine Minting (SMI), does this deepen your relationship with the US Mint and other sovereign mints?A: Greg Roberts (CEO) clarified that owning 100% of Sunshine does not change the dynamic, as Sunshine has been supplying blanks to the US Mint for 20 years. He noted that on-again, off-again tariffs currently create headwinds for sovereign mints selling into the US, but the company's Singapore and Hong Kong offices are benefiting from those relationships. He emphasized that the strong relationships with sovereign mints have existed for a long time and are not dependent on the ownership percentage. Q: Can we get more granular on the sizing of the gold lease line with Tether and how long the "feeling-out period" will take?A: Greg Roberts (CEO) declined to provide more specific numbers, stating "multiples is as far as I want to go right now." He reiterated that the relationship is a win-win, providing Tether with opportunities they cannot get from other trading partners. He expects to continue growing the relationship and exploring new opportunities, including potential digital products, and is "very, very happy" with the investment. Q: What are the opportunities in numismatics and collectibles, given the robust structural growth seen in that sector?A: Greg Roberts (CEO) confirmed that all hard asset classes are repricing and seeing growth. He highlighted that Stack's Bowers is currently having one of its largest auction weeks, expecting to sell over $50 million in products with very strong prices. He identified sports cards as a specific area of opportunity, noting that their lending business (CFC) already lends on sports cards and has gained market knowledge through that activity. He expressed caution on prices, which are "very much up" from a few years ago, but sees potential for growth at the Stack's Bowers level. Q: Can you dive deeper into shifts in consumer buying behavior within the Direct-to-Consumer (DTC) segment, including product category preferences?A: Greg Roberts (CEO) contrasted the frenzied buying in Q3, driven by record prices and daily news coverage, with the slower Q4. He noted that buybacks remain a significant part of trading, and that all silver products are trading at a discount, creating headwinds for newly manufactured silver. While the company has augmented production with higher-premium specialty products, these do not sell in the same volume as standard 1-ounce rounds or bars. He acknowledged new customer acquisition slowed but confirmed they are working on new marketing initiatives to attract customers. Q: Can you remind us of the impact of costs associated with backwardation in the March quarter and how financing costs trended with the benefit from Tether?A: Greg Roberts (CEO) explained that the company has not yet been able to recognize savings from the Tether leases. He clarified that while the market has returned to contango, the company's job over the next six to nine months is to deploy the gold leases from Tether effectively to generate a return exceeding the lease costs. He described the Tether liquidity as "cheaper liquidity than our dollar facilities" but anticipates it will take "a couple of quarters" to see the full benefits reflected in the financials. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Gold.com, Inc. GOLD used its fiscal Q4 2026 earnings call to emphasize softer precious-metals demand after a strong third quarter, with the slowdown continuing into the first two months of fiscal 2027. CEO Gregory Roberts said the business remains healthy. Management also focused on Tether, metal-lease deployment, M&A and Sunshine Minting integration. Roberts said demand began slowing from mid-March into early April, persisted through fiscal Q4 and continued through the first two months of fiscal Q1 2027. Higher interest rates were also weighing on gold and silver prices, while retail dip-buying remained muted. CFO Cary Dickson said fiscal Q4 revenues rose 99% year over year to $5 billion and gross profit increased 35% to $110.3 million, while EBITDA declined 3% to $28.2 million. Reported earnings of $0.83 per share missed the Zacks Consensus Estimate of $0.96 by 13.50%. Revenues of $5 billion missed the consensus mark of $7.76 billion by 35.5%. Gold.com Inc. price-consensus-eps-surprise-chart | Gold.com Inc. Quote A ROTH Capital Partners analyst asked how Tether contributed during the quarter. Roberts said Gold.com is providing storage, trading and precious-metal lease services, adding volume but at lower margins. Roberts said current lease and storage positions are at multiples of the levels disclosed when the relationship was announced. He described fiscal Q4 as an early period for developing the partnership. A Canaccord Genuity analyst pressed for more detail on scale. Roberts would not quantify further, but said the companies are exploring additional opportunities, including digital products. A Northland Capital Markets analyst asked when financing savings tied to Tether would emerge. Roberts said Gold.com had not yet recognized some savings as metal leases increase and reliance on its dollar credit facility declines. Roberts said the market returned to contango after backwardation eased as prices fell in March and April. Excess leases can create added costs when they are not matched against inventory that requires hedging. Over the next six to nine months, management’s priority is to deploy the Tether leases and earn returns above related costs. Roberts said the benefits should take a couple of quarters to become more visible. A Maxim Group analyst asked about capital allocation after the company declared a $1 special dividend while maintaining its $0.20 quarterly dividend. Roberts said Gold.com remains committed to the regular dividend and may return more capital after exceptional periods. On repurchases, Roberts said management would consider buying shares when the market price offers a discount to book value. He referenced book value approaching $1 billion. Roberts also said the company’s active M&A posture is not slowing. Short-term market slowdowns, he added, can create acquisition opportunities as potential sellers become less satisfied with their performance. A D.A. Davidson analyst asked about major retailers and new channels. Roberts said the Costco business remains strong and highlighted Gold.com’s ability to support it through minting, logistics and trading. He also pointed to newer digital retail platforms using social media and gamification to sell bullion and collectibles. Management sees those channels as a way to reach younger customers as new customer acquisition has slowed. A Canaccord analyst asked about collectibles. Roberts said Stack’s Bowers was in one of its largest auction weeks, with more than $50 million of products expected to sell over five to six days. Sports cards remain another area for expansion. Roberts framed fiscal 2027 around integrating acquisitions, optimizing the platform and capturing synergies from Sunshine Minting. He said Sunshine expands production capacity and supports Gold.com’s ability to serve sovereign mints and its own brands. Management remained confident on long-term growth but cautious about near-term demand. The call emphasized flexibility across retail, wholesale, lending, minting and M&A rather than evenly distributed quarterly performance. GOLD currently carries a Zacks Rank #3 (Hold), a more neutral near-term earnings-revision signal than the stronger Zacks Rank #1 or #2 categories.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. It has a Value Score of A, Growth Score of A, Momentum Score of B and VGM Score of A. The A and B Style Scores are favorable readings, while the VGM Score combines value, growth and momentum characteristics. Style Scores are designed to complement the Zacks Rank, not replace it. The Zacks Rank can change as analysts revise estimates after the just-reported results. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gold.com Inc. (GOLD) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

FY 2026 Diluted Earnings Per Share of $3.02 $82.3 Million in Net Income and $179.8 Million in non-GAAP EBITDA in FY 2026 Company Declares Special Dividend of $1.00 per share COSTA MESA, Calif., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Gold.com, Inc. (NYSE: GOLD), (“Gold.com” or the “Company”), a fully integrated alternative assets platform that offers an extensive range of precious metals, numismatic coins, and collectibles to consumers, collectors, and institutional clients worldwide, reported results for the fiscal fourth quarter and full year ended June 30, 2026. Management Commentary “Fiscal 2026 was a transformational year highlighted by continued growth through both organic expansion and strategic acquisitions, our rebranding to Gold.com, and outstanding financial results that underscored the strength of our vertically integrated model,” said Gold.com CEO Greg Roberts. “Fourth quarter performance was solid as we delivered net income of $12.2 million and earnings per diluted share of $0.41, even as market conditions softened. “We saw continued growth in our storage and secured lending businesses during the year.  Both businesses carry attractive economics and deepen relationships with customers who may transact across the rest of our platform.  We also continued to grow our business with major retailers and institutional customers, as a result of strategic investments in our trading and logistics platforms. “Completing the acquisition of Sunshine Minting (“SMI”) in April was a major milestone that significantly expands our total production capacity and creates a clear pathway to capturing additional value and market share globally.  With its state-of-the art facilities and strong capabilities and capacity, SMI is well positioned to serve the growing demand from the United States Mint and other sovereign mints around the world, along with capitalizing on the opportunities across our portfolio of brands. “Underlying trends across our business remain strong and we are well positioned for broad-based growth and delivering long-term value to our shareholders.” Fiscal Fourth Quarter 2026 Financial Highlights Revenues for the three months ended June 30, 2026 increased 99% to $5.005 billion from $2.512 billion for the three months ended June 30, 2025, and decreased 52% from $10.351 billion for the three months ended March 31, 2026 Gross profit for the three months ended June 30, 2026 increased 35% to $110.3 million from $81.7 million for the three months ended June 30, 2025, and decreased 38% from $176.6 million for the three months ended March 31, 2026 Gross profit margin for the three months ended June 30, 2026 decreased to 2.20% of revenue, from 3.25% of revenue for the three months ended June 30, 2025, and increased from 1.71% of revenue for the three months ended March 31, 2026 Net income attributable to the Company for the three months ended June 30, 2026 increased 18% to $12.2 million from $10.3 million for the three months ended June 30, 2025, and decreased 80% from $59.5 million for the three months ended March 31, 2026 Diluted earnings per share totaled $0.41 for the three months ended June 30, 2026, which was unchanged compared to $0.41 for the three months ended June 30, 2025, and decreased 80% from $2.09 for the three months ended March 31, 2026 Adjusted net income before provision for income taxes, depreciation, amortization, acquisition costs, remeasurement gains or losses, and contingent consideration fair value adjustments (“Adjusted net income before provision for income taxes” or “Adjusted net income”), a non-GAAP financial performance measure, for the three months ended June 30, 2026 increased 29% to $24.7 million from $19.2 million for the three months ended June 30, 2025, and decreased 72% from $87.1 million for the three months ended March 31, 2026 Earnings before interest, taxes, depreciation and amortization (“EBITDA”), a non-GAAP liquidity measure, for the three months ended June 30, 2026 decreased 3% to $28.2 million from $29.2 million for the three months ended June 30, 2025, and decreased 73% from $103.4 million for the three months ended March 31, 2026 Fiscal Full Year 2026 Financial Highlights Revenues for the fiscal year ended June 30, 2026 increased 132% to $25.513 billion from $10.979 billion for the fiscal year ended June 30, 2025 Gross profit for the fiscal year ended June 30, 2026 increased 115% to $453.1 million from $210.9 million for the fiscal year ended June 30, 2025 Gross profit margin for the fiscal year ended June 30, 2026 decreased to 1.78% of revenue from 1.92% of revenue for the fiscal year ended June 30, 2025 Net income attributable to the Company for the fiscal year ended June 30, 2026 increased 375% to $82.3 million from $17.3 million for the fiscal year ended June 30, 2025 Diluted earnings per share totaled $3.02 for the fiscal year ended June 30, 2026, a 325% increase compared to $0.71 for the fiscal year ended June 30, 2025 Adjusted net income for the fiscal year ended June 30, 2026 increased 164% to $139.9 million from $53.1 million for the fiscal year ended June 30, 2025 EBITDA for the fiscal year ended June 30, 2026 increased 179% to $179.8 million from $64.4 million for the fiscal year ended June 30, 2025 Fiscal Fourth Quarter 2026 Operational Highlights Gold ounces sold in the three months ended June 30, 2026 increased 51% to 521,000 ounces from 346,000 ounces for the three months ended June 30, 2025, and decreased 1% from 527,000 ounces for the three months ended March 31, 2026 Silver ounces sold in the three months ended June 30, 2026 decreased 2% to 15.3 million ounces from 15.7 million ounces for the three months ended June 30, 2025, and decreased 48% from 29.2 million ounces for the three months ended March 31, 2026 As of June 30, 2026, the number of secured loans decreased 18% to 367 from 445 as of June 30, 2025, and increased 9% from 337 as of March 31, 2026 Direct-to-Consumer new customers for the three months ended June 30, 2026 decreased 38% to 67,900 from 108,900 for the three months ended June 30, 2025, and decreased 77% from 292,900 for the three months ended March 31, 2026.  For the three months ended March 31, 2026, approximately 58% of the new customers were attributable to the acquisition of Monex.  For the three months ended June 30, 2025, approximately 30% percent of the new customers were attributable to the acquisition of AMS Direct-to-Consumer active customers for the three months ended June 30, 2026 decreased 6% to 160,700 from 170,600 for the three months ended June 30, 2025, and decreased 35% from 246,000 for the three months ended March 31, 2026 Direct-to-Consumer average order value for the three months ended June 30, 2026 increased $1,113, or 46% to $3,556 from $2,443 for the three months ended June 30, 2025, and decreased $2,062, or 37%, from $5,618 for the three months ended March 31, 2026 JM Bullion’s average order value for the three months ended June 30, 2026 increased $301, or 12% to $2,716 from $2,415 for the three months ended June 30, 2025, and decreased $340, or 11%, from $3,056 for the three months ended March 31, 2026 Fiscal Full Year 2026 Operational Highlights Gold ounces sold in the fiscal year ended June 30, 2026 increased 24% to 2,032,000 ounces compared to 1,642,000 ounces in the fiscal year ended June 30, 2025 Silver ounces sold in the fiscal year ended June 30, 2026 remained relatively unchanged at 73.6 million ounces compared to 73.6 million ounces in the fiscal year ended June 30, 2025 Direct-to-Consumer new customers for the fiscal year ended June 30, 2026 decreased 53% to 526,300 from 1,129,200 for the fiscal year ended June 30, 2025.  Approximately 33% of the new customers for the fiscal year ended June 30, 2026 were attributable to the acquisition of Monex.  Approximately 79% of the new customers for the fiscal year ended June 30, 2025 were attributable to the acquisitions of SGI, Pinehurst and AMS Direct-to-Consumer active customers for the fiscal year ended June 30, 2026 increased 35% to 783,100 from 581,300 for the fiscal year ended June 30, 2025 Direct-to-Consumer average order value for the fiscal year ended June 30, 2026 increased $1,776, or 62% to $4,642 from $2,866 for the fiscal year ended June 30, 2025 JM Bullion’s average order value for the fiscal year ended June 30, 2026 increased $638, or 30% to $2,794 from $2,156 for the fiscal year ended June 30, 2025 Fiscal Fourth Quarter 2026 Financial Summary Revenues increased 99% to $5.005 billion from $2.512 billion in the same year-ago quarter. Excluding an increase of $0.9 billion of forward sales, our revenues increased $1.596 billion, or 94%, which was due to higher average selling prices of gold and silver as well as an increase in gold ounces sold, partially offset by a decrease in silver ounces sold. Revenues also increased due to the acquisitions of Monex in January 2026 and SMI in April 2026. Gross profit increased 35% to $110.3 million (2.20% of revenue) from $81.7 million (3.25% of revenue) in the same year-ago quarter. The overall gross profit increase was due to an increase in gross profits earned by both the Wholesale Sales & Ancillary Services segment and the Direct-to-Consumer segment, including the acquisitions of Monex and SMI, which were not included in the same year-ago period. The Direct-to-Consumer segment contributed 66% and 63% of the consolidated gross profit in the fiscal fourth quarters of 2026 and 2025, respectively. Selling, general and administrative expenses increased 46% to $77.9 million from $53.4 million in the same year-ago quarter. The change was primarily due to an increase in compensation expense (including performance-based accruals) of $17.1 million, higher advertising costs of $2.2 million, an increase in insurance costs of $2.7 million, consulting and professional fees of $1.4 million, an increase in facilities expense of $0.5 million, and an increase in bank service and credit card fees of $0.2 million.  Selling, general and administrative expenses for the three months ended June 30, 2026 included $8.2 million of expenses incurred by Monex and SMI, which were not included in the same year-ago period. Excluding the increase from newly acquired subsidiaries, our selling, general and administrative expenses increased $16.3 million from the prior year period. Depreciation and amortization expense increased 18% to $10.1 million from $8.6 million in the same year-ago quarter. The change was primarily due to an increase in depreciation expense of $1.2 million due to an increase in capital expenditures, an increase in amortization expense of $1.9 million relating to an increase in intangible asset amortization from intangible assets acquired through our acquisitions of Monex and SMI, partially offset by a decrease of $1.6 million in SGI, AMS and SGB intangible asset amortization. Interest income increased 40% to $7.5 million from $5.3 million in the same year-ago quarter. The aggregate increase in interest income was due to an increase in interest income earned by our Secured Lending segment of $0.8 million, a $0.7 million increase in interest income earned by our DTC segment, and a $0.6 million increase in interest earned by our Wholesale Sales & Ancillary Services segment. Interest expense increased 3% to $13.2 million from $12.9 million in the same year-ago quarter. The increase in interest expense was primarily due to an increase of $5.3 million related to precious metals leases driven by higher overall borrowings, partially offset by a decrease in interest rates, higher interest and fees of $0.8 million related to product financing arrangements due to higher interest rates and fees, and an increase of $0.7 million of other related interest charges, partially offset by a decrease of $6.4 million associated with our Trading Credit Facility due to reduced borrowings. Earnings (losses) from equity method investments increased 364% to earnings of $2.0 million from a loss of $0.8 million in the same year-ago quarter. Net income attributable to the Company totaled $12.2 million or $0.41 per diluted share, compared to net income of $10.3 million or $0.41 per diluted share in the same year-ago quarter. Adjusted net income before provision for income taxes for the three months ended June 30, 2026 totaled $24.7 million, an increase of $5.6 million or 29% compared to $19.2 million in the same year-ago quarter. EBITDA for the three months ended June 30, 2026 totaled $28.2 million, a decrease of $1.0 million or 3% compared to $29.2 million in the same year-ago quarter. Fiscal Full Year 2026 Financial Summary Revenues increased 132% to $25.513 billion from $10.979 billion in the prior fiscal year. Excluding an increase of $8.323 billion of forward sales, our revenues increased $6.205 billion, or 95%, which was due to higher average selling prices of gold and silver as well as an increase in gold ounces sold, partially offset by a decrease in silver ounces sold. Revenues also increased due to the acquisitions of SGI and Pinehurst in February 2025, AMS in April 2025, Monex in January 2026, and SMI in April 2026. Gross profit increased 115% to $453.1 million (1.78% of revenue) in fiscal year 2026 from $210.9 million (1.92% of revenue) in the prior year. The overall gross profit increase was due to an increase in gross profits earned by both the Wholesale Sales & Ancillary Services segment and the Direct-to-Consumer segment, including the acquisitions of Monex and SMI, which were not included in the same year-ago period, and SGI, Pinehurst, and AMS, which were only partially included in the same year-ago period. The Direct-to-Consumer segment contributed 69% and 59% of the consolidated gross profit in fiscal year 2026 and 2025, respectively. Selling, general and administrative expenses increased 98% to $275.6 million from $139.2 million in the prior fiscal year. The increase was primarily due to an increase in compensation expense of $85.8 million, higher advertising costs of $20.4 million, an increase in insurance costs of $8.7 million, an increase in consulting and professional fees of $7.4 million, an increase in bank service and credit card fees of $4.7 million, and an increase in facilities expense of $4.3 million. Selling, general and administrative expenses for the year ended June 30, 2026 included $104.3 million of expenses incurred by Monex and SMI, which were not included in the same year-ago period, and SGI, Pinehurst, and AMS, which were only partially included in the same year-ago period. Excluding the increase from newly acquired subsidiaries, our selling, general and administrative expenses increased $32.1 million from the prior year period. Depreciation and amortization expense increased 52% to $34.8 million from $22.9 million in fiscal year 2025. The increase was primarily due to an increase in amortization expense of $11.6 million relating to an increase in intangible asset amortization from intangible assets acquired through our acquisitions of SGI, Pinehurst, AMS, Monex, and SMI, and an increase in depreciation expense of $5.8 million due to an increase in capital expenditures, partially offset by a decrease of $5.6 million in JMB and SGB intangible asset amortization. Interest income decreased 1% to $25.6 million from $25.9 million in the prior fiscal year. The aggregate decrease in interest income was due to a $2.4 million decrease in interest earned by our Wholesale Sales & Ancillary Services segment, partially offset by an increase in interest earned by our Secured Lending segment of $1.0 million and an increase in interest earned by our DTC segment of $1.1 million. Interest expense increased 32% to $61.1 million from $46.2 million in fiscal year 2025.  The increase in interest expense was primarily due to an increase of $11.0 million related to precious metals leases driven by higher overall borrowings, partially offset by a decrease in interest rates, an increase of $8.0 million related to product financing arrangements due to higher interest rates and fees, partially offset by a decrease of $5.4 million associated with our Trading Credit Facility due to reduced borrowings. Earnings (losses) from equity method investments increased 255% to earnings of $4.4 million from a loss of $2.8 million in the prior fiscal year. Net income attributable to the Company totaled $82.3 million or $3.02 per diluted share, compared to net income attributable to the Company of $17.3 million or $0.71 per diluted share in the prior fiscal year. Adjusted net income before provision for income taxes for the fiscal year ended June 30, 2026 totaled $139.9 million, an increase of $86.9 million or 164% compared to $53.1 million in the prior fiscal year. EBITDA for fiscal year 2026 totaled $179.8 million, an increase of $115.3 million or 179% compared to $64.4 million in the prior fiscal year. Special Dividend Gold.com’s Board of Directors has declared a special cash dividend of $1.00 per share that is payable on September 28, 2026 to stockholders of record as of September 16, 2026. Quarterly Cash Dividend Gold.com’s Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on September 28, 2026 to stockholders of record as of September 16, 2026 . Conference Call Gold.com will hold a conference call today (September 2, 2026) to discuss these financial results. Gold.com management will host the call at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) followed by a question-and-answer period. To participate, please call the conference telephone number 10 minutes before the start time and ask for the Gold.com conference call. Webcast: https://www.webcaster5.com/Webcast/Page/2867/54373U.S. dial-in number: 1-888-506-0062International number: 1-973-528-0011Participant Access Code: 327594 The call will also be broadcast live and available for replay on the Investor Relations section of Gold.com’s website at ir.gold.com. If you have any difficulty connecting with the conference call or webcast, please contact Gold.com’s investor relations team at 1-646-277-1260. A replay of the call will be available after 7:30 p.m. Eastern time through September 2, 2027. Toll-free replay number: 1-877-481-4010International replay number: 1-919-882-2331Participant Access Code: 54373 About Gold.com, Inc.Gold.com builds on gold’s storied history and heritage to define the future of alternative asset management. Founded in 1965, Gold.com offers comprehensive solutions for all aspects of the precious metals (gold, silver, platinum, and palladium) and collectibles (including rare coins and currency) value chains. Its vertically integrated platform combines market expertise with state-of-the-art logistics, financing, and minting capabilities to serve customers, collectors, and institutional clients globally. Gold.com’s direct-to-consumer marketplace, anchored by flagship brands JMBullion.com, Stack’s Bowers Galleries, GovMint.com, Monex Precious Metals, and Goldline, has served millions of customers. The Company’s trading and wholesale sales platform, which operates as A-Mark Precious Metals, maintains distribution and finance focused relationships with a network of sovereign and private mints and has been an “authorized purchaser” of the United States Mint since 1986. This platform is supported by the Company’s minting and refining operations which include Sunshine Minting and Silver Towne Mint, whose facilities can collectively produce in excess of three million ounces of finished precious metals products per week. Gold.com’s Collateral Finance Corporation secured lending subsidiary, CFCGoldLoans.com, extends bullion, numismatic, and graded sports card loans, while A-Mark Global Logistics supports the Company’s operations with airport-adjacent distribution centers and IRA-approved storage depositories. Gold.com is headquartered in Costa Mesa, California, and operates across the United States, Canada, the United Kingdom, Europe, Hong Kong, and Singapore. Learn more at www.gold.com. Gold.com periodically provides information for investors on its corporate website, www.gold.com and its investor relations website, ir.gold.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and investor presentations. Important Cautions Regarding Forward-Looking StatementsStatements in this press release that relate to future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. These include statements regarding expectations with respect to growth, increasing market share and the delivery of long-term value. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results or circumstances to differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ include the following: The failure to execute the Company’s growth strategy, including the inability to identify suitable or available acquisition or investment opportunities; greater than anticipated costs incurred to execute this strategy; our inability to execute on our cost containment and expense reduction programs; government regulations that might impede growth, particularly in Asia, including with respect to tariff policy; the inability to successfully integrate our recently acquired businesses; changes in the current international political climate, which historically has favorably contributed to demand and volatility in the precious metals markets but also has posed certain risks and uncertainties for the Company; increased competition for the Company’s higher margin services, which could depress pricing; the failure of the Company’s business model to respond to changes in the market environment as anticipated; changes in consumer demand and preferences for precious metal products generally; potential negative effects that inflationary pressure may have on our business; the failure of our investee companies to maintain, or address the preferences of, their customer bases; general risks of doing business in the commodity markets; and the strategic, business, economic, financial, political and governmental risks and other Risk Factors described in in the Company’s public filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Use and Reconciliation of Non-GAAP Measures In addition to presenting the Company’s financial results determined in accordance with U.S. GAAP, management believes the following non-GAAP measures are useful in evaluating the Company’s operating performance: “adjusted net income before provision for income taxes” and “earnings before interest, taxes, depreciation and amortization” (“EBITDA”). Management believes the “adjusted net income before provision for income taxes” non-GAAP financial performance measure assists investors and analysts by facilitating comparison of period-to-period operational performance on a consistent basis by excluding items that management does not believe are indicative of the Company’s core operating performance. The items excluded from this financial measure may have a material impact on the Company’s financial results. Certain of those items are non-recurring, while others are non-cash in nature. Management believes the EBITDA non-GAAP liquidity measure assists investors and analysts by facilitating comparison of our business operations before investing activities, interest, and income taxes with other publicly traded companies. Non-GAAP measures do not have standardized definitions and should be considered in addition to, and not as a substitute for or superior to, the comparable measures prepared in accordance with U.S. GAAP, and should be read in conjunction with the financial statements included in the Company’s Annual Report on Form 10-K to be filed with the SEC. Management encourages investors and others to review the Company’s financial information in its entirety and not to rely on any single financial or liquidity measure. In the Company’s reconciliation from its reported U.S. GAAP “net income before provision for income taxes” to its non-GAAP “adjusted net income before provision for income taxes”, the Company eliminates the impact of the following five amounts: acquisition costs; amortization expenses related to intangible assets acquired; depreciation expense; remeasurement gains or losses related to pre-existing equity interests; and contingent consideration fair value adjustments. The Company’s reconciliations from its reported U.S. GAAP “net income before provision for income taxes” to its non-GAAP “adjusted net income before provision for income taxes”, and “net income” and “net cash provided by (used in) operating activities” to its non-GAAP “EBITDA” are provided below and are also included in the Company’s Annual Report on Form 10-K to be filed with the SEC for the fiscal year ended June 30, 2026. Company Contact:Steve Reiner, Executive Vice President, Capital Markets & Investor RelationsGold.com, [email protected] Investor Relations Contact:Reed Anderson, [email protected]@icrinc.com Overview of Results of Operations for the Three Months Ended June 30, 2026 and 2025 Consolidated Results of Operations The operating results for the three months ended June 30, 2026 and 2025 were as follows (in thousands, except per share data): Overview of Results of Operations for the Three Months Ended June 30, 2026 and March 31, 2026 Consolidated Results of Operations The operating results for the three months ended June 30, 2026 and March 31, 2026 were as follows (in thousands, except per share data): Overview of Results of Operations for the Years Ended June 30, 2026 and 2025 Consolidated Results of Operations The operating results for the years ended June 30, 2026 and 2025 were as follows (in thousands, except per share data): Reconciliation of U.S. GAAP to Non-GAAP Measures for the Three Months Ended June 30, 2026 and 2025 A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the three months ended June 30, 2026 and 2025 follows (in thousands): A reconciliation of net income to EBITDA, and operating cash flows to EBITDA for the three months ended June 30, 2026 and 2025 follows (in thousands): Reconciliation of U.S. GAAP to Non-GAAP Measures for the Three Months Ended June 30, 2026 and March 31, 2026 A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the three months ended June 30, 2026 and March 31, 2026 follows (in thousands): A reconciliation of net income to EBITDA, and operating cash flows to EBITDA for the three months ended June 30, 2026 and March 31, 2026 follows (in thousands): Reconciliation of U.S. GAAP to Non-GAAP Measures for the Full Year Ended June 30, 2026 and 2025 A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the years ended June 30, 2026 and 2025 follows (in thousands): A reconciliation of net income to EBITDA, and operating cash flows to EBITDA for the years ended June 30, 2026, 2025, and 2024 follows (in thousands):

Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) shares fell 8% on Monday after the company reported second quarter results that showed strong year-over-year growth but came in below Wall Street estimates. The company reported adjusted earnings of $0.82 per share for the quarter, below the $0.84 consensus estimate. Revenue rose 44% year over year to $5.29 billion, although that was below forecasts of about $5.67 billion. Barrick’s second-quarter gold production increased 11% from the first quarter to 796,000 ounces, exceeding its guidance range of 730,000 to 770,000 ounces. The company attributed the increase to an ahead-of-schedule ramp-up at Loulo-Gounkoto, a faster-than-expected recovery at Pueblo Viejo following planned maintenance and record underground tonnes at Cortez as Goldrush continued to ramp up. Gold cost of sales was $1,993 per ounce, compared with $1,654 a year earlier, while all-in sustaining costs rose 11% year over year to $1,866 per ounce. Barrick attributed the higher costs in part to lower grades processed at several operations, higher fuel prices and increased royalties associated with higher realized gold prices. Copper production fell 5% year over year to 56,000 tonnes. Copper cost of sales, C1 cash costs and all-in sustaining costs all increased from the prior-year period, with Barrick citing higher royalties and fuel prices. For 2026, Barrick said it remains on track to meet its existing production and cost guidance. The company continues to expect gold production of 2.90 million to 3.25 million ounces for the year. Gold cost of sales is forecast at $1,870 to $2,070 per ounce, while total cash costs are expected to range from $1,330 to $1,470 per ounce. All-in sustaining costs are projected at $1,760 to $1,950 per ounce. The guidance is based on an assumed gold price of $4,500 per ounce. Barrick maintained its copper production guidance of 190,000 to 220,000 tonnes for the year. Copper cost of sales is expected at $3.05 to $3.35 per pound, with C1 cash costs of $2.20 to $2.45 per pound and all-in sustaining costs of $3.45 to $3.75 per pound. The copper guidance assumes a price of $5.50 per pound. Barrick also reduced its 2026 total attributable capital expenditure guidance to $3.8 billion to $4.2 billion, from its previous range of $4 billion to $4.45 billion. The company said the reduction primarily reflects lower expected spending at the Reko Diq project. “We delivered our third quarter in a row with excellent operational and financial performance,” Barrick CEO Mark Hill said in a statement. “We beat the top end of our gold production guidance and generated much higher earnings and cash flow than a year ago. We also advanced our growth pipeline, with good progress at Lumwana and Fourmile.” The company also announced an agreement with Newmont that expands the Nevada Gold Mines joint venture and resolves outstanding disputes between the two companies. Under the agreement, Barrick will contribute Fourmile while Newmont will contribute the Mike and Fiberline properties, creating a Nevada complex with nearly 100 million ounces of gold, according to Barrick. Newmont will also make a $1.95 billion cash payment to Barrick. The agreement includes Newmont's consent to Barrick's planned initial public offering of its North American gold assets. Barrick said the IPO remains on track for completion by the end of the year, with Hill set to lead the new company as CEO following the separation. “We achieved an historic agreement with Newmont. Newmont has consented to the IPO and the parties have agreed to expand NGM with the early vend-in of our excluded properties, as well as settling all disputes,” Hill said. “Through this agreement with our joint venture partner, we have substantially extended the asset base, and provided greater flexibility and value.”

Interested in Gold.com Inc.? Here are five stocks we like better. Strong operating and financial performance: Gold.com produced 796,000 ounces of gold in Q2, exceeding guidance by 3%, while net earnings rose 50% year over year to $1.2 billion. The company maintained its full-year production and cost outlook and ended the quarter with $1.2 billion in net cash. Newmont agreement supports strategic restructuring: A roughly $4 billion agreement reshapes the Nevada joint venture, adds about 6.4 million ounces of resources and resolves historical disputes. Gold.com continues to target a North American gold-assets IPO by the end of 2026, with plans to sell a 10% minority stake and return most proceeds to shareholders. Growth spending guidance was reduced: Fourmile, Lumwana and the Pueblo Viejo expansion remain on schedule, while delayed plant construction at Reko Diq helped lower 2026 attributable capital-expenditure guidance to $3.8 billion-$4.2 billion. Management also cited improved safety metrics but acknowledged six lost-time injuries and ongoing payment demands from Mali. Gold Rally Continues: These 3 Mining Stocks Are Likely to Benefit Gold.com (NYSE:GOLD) reported second-quarter 2026 gold production above guidance, improved quarterly output and continued progress on major growth projects, while outlining an agreement with Newmont intended to reshape their Nevada joint venture and support a planned North American IPO. President and CEO Mark Hill said the company produced 796,000 ounces of gold during the quarter, 3% above guidance and 11% higher than the first quarter. Copper production totaled 56,000 tonnes. Hill said the company met its gold-cost guidance and maintained its full-year 2026 production and cost outlook. → MarketBeat Week in Review – 08/03 - 08/07 Best Gold Stocks in 2025… So Far “We have had our third quarter in a row with excellent operating and financial results,” Hill said. He added that the company expects gold output to rise in the third quarter from second-quarter levels and increase further in the fourth quarter. Copper production is also expected to be higher in the second half than in the first half. Senior Executive Vice President and CFO Helen Cai said net earnings totaled $1.2 billion, up 50% from the prior-year period. Adjusted net earnings were $1.36 billion, or $0.82 per share, which she said was in line with Bloomberg consensus estimates. Attributable adjusted EBITDA rose 51% year over year to $2.5 billion, representing a 59% margin. → Quantum Earnings Week: Winners and Losers Are Finally Emerging Gold Rally vs. Oil Surge: Where Investors Are Betting Next Attributable free cash flow declined 33% year over year in the second quarter, reflecting the typical timing of annual tax and interest payments as well as a one-time $200 million payment related to Loulo-Gounkoto. Cai said free cash flow would have been more than 60% higher year over year excluding that payment. Year-to-date attributable free cash flow was $1.4 billion, more than double the comparable period a year earlier. The company ended the quarter with $1.2 billion in net cash, an undrawn $3 billion revolving credit facility and no meaningful debt maturities until 2033, Cai said. → Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War During the quarter, the company repurchased $1.2 billion of shares under its previously announced $3 billion authorization. Cai said the company has returned $3 billion through dividends and buybacks since its new leadership began in October 2025, more than double the prior corresponding period. Its dividend framework includes a quarterly base dividend of $0.175 per share and a year-end performance top-up designed to target total payouts of 50% of attributable free cash flow. Hill opened the call by discussing an agreement with Newmont that he said has an approximate total value of $4 billion. The package includes the parties’ interests in Fourmile as well as Newmont properties known as Mike and Fiberline, which Hill said add about 6.4 million ounces. It also resolves historical disputes and litigation between the joint-venture partners. Hill said the agreement followed four months of negotiations and aligns the partners’ interests as they seek to optimize Nevada Gold Mines. He said the companies can now evaluate greater processing capacity, including the potential for a roaster or autoclave, while reducing ore trucking and coordinating infrastructure planning around Fourmile and Goldrush. Management did not provide a detailed valuation of the individual elements of the transaction. Hill said there would be no contingent payments tied to future exploration success. The company continues to target completion of an IPO of its North American gold assets by the end of 2026. Hill said he has been selected by the board to lead the new company as CEO when it launches. The company plans to sell a 10% minority interest and does not currently intend to increase that percentage, according to Hill. Management said the vast majority of net proceeds from the offering are expected to be returned to shareholders. Chief Development Officer George Joannou said the company is reviewing the IPO structure following the Newmont agreement, including potential friction-cost savings and domicile considerations. He said a marketing process will occur, though management did not provide timing. Hill said the company’s principal growth projects—Fourmile, Lumwana and the Pueblo Viejo expansion—remained on time and on budget during the quarter. Fourmile: The company increased drilling to 20 active rigs and expects to complete a prefeasibility study by the end of 2028. Hill said the Newmont agreement may allow the project’s development and processing planning to advance more quickly, although permitting remains a constraint. Lumwana: The mill expansion is intended to double copper production. The company expects 2026 capital spending to be at the low end of guidance and anticipates first copper from the expansion by the end of the first quarter of 2028. Pueblo Viejo: Work progressed on permitting and construction for the tailings facility, haul roads and water-treatment plant. Hill said 90% of resettlement packages have been accepted. Reko Diq: The company will continue its review of the project but decided not to begin plant construction this year. Expected 2026 attributable capital expenditures were reduced to $450 million to $500 million from $600 million to $700 million. Lower projected spending at Lumwana and Reko Diq reduced the company’s 2026 group attributable capital expenditure guidance to $3.8 billion to $4.2 billion. Hill said safety remained the company’s top priority. The frequency rate improved quarter over quarter to 0.77 from 0.92, though the company recorded six lost-time injuries during the period. Hill called that result “completely unacceptable” and said leadership is increasing field time, conducting more critical-control verifications and addressing risks at mine sites. The company has invested more than $90 million this year in safety technology, including mining-equipment automation, vehicle dash cameras, safety-reporting software and artificial-intelligence analytics. At Loulo-Gounkoto, Cai said the company made a $200 million payment in April associated with additional royalties, penalties and interest arising from the retrospective application of Mali’s 2023 mining code to 2024 and 2025. She said a further $48 million payment demand was received in July. A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Gold.com Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

GDX dropped 21% in Q2 2026 but remains up 50% over the trailing year, creating a contrarian setup for gold miner bulls. GLD returned 22% over the past year while GDX returned 50%, showing that miners' operational leverage amplifies gold's upside just as it amplifies its downside. Genesis Minerals' $3.9 billion rival bid for Vault Minerals signals producers view gold ounces as cheap and their cash flows as durable. Many financial professionals are salespeople paid on what they push, not whether you end up wealthier. A fiduciary is the opposite. The SEC legally requires them to put your interests first. Advisor.com's free matching tool pairs you with vetted fiduciaries from major national firms, all in under three minutes. See who you match with today. Gold miners just got taken to the woodshed. The VanEck Gold Miners ETF (NYSEARCA:GDX) shed 21% in the second quarter of 2026, sliding from $96 in early April to roughly $75 by June 30, one of the ugliest three-month stretches for the sector in over a decade. Yet GDX is still up almost 50% over the trailing year. Contrarians hunt exactly that gap between recent pain and the underlying trend, and GDX is the cleanest way to express it. GDX tracks the NYSE Arca Gold Miners Index, a basket of large-cap producers led by Newmont (NYSE:NEM), Agnico Eagle (NYSE:AEM), Barrick Gold (NYSE:B), and royalty companies like Franco-Nevada (NYSE:FNV) and Wheaton Precious Metals (NYSE:WPM). You are buying the businesses that dig it up, refine it, and sell it, which is a very different animal from owning the metal itself. Most Americans suspect they're behind on retirement and never find out. Advisor.com's free matching tool pairs you in about three minutes with a vetted fiduciary advisor who can help you with investing, taxes, retirement, estate planning, and more. No minimums. No sales call. Find out where you stand. The return engine is operational leverage. A miner's all-in sustaining cost might sit around $1,400 an ounce. When gold trades at $2,000, that spread is one thing. When gold pushes to $3,000, the extra revenue drops almost entirely to the bottom line. Free cash flow explodes, dividends get raised, and the equity re-rates. That mechanic runs in reverse on the way down, which is what just happened. SPDR Gold Shares (NYSEARCA:GLD), the physical bullion proxy, fell roughly 12% from early April through early July. GDX fell closer to 16% over the same window. Miners amplified the move, as they always do. But zoom out and the same leverage runs the other way. Over five years, GLD returned 126% while GDX returned 144%. Over one year, gold gained 22% while miners gained 50%. When gold trends up, miners typically outrun it. When gold rolls over, they get hit harder. But how come the dying sector story does not hold? Look at what management teams are doing with their cash. Genesis Minerals just launched a rival $3.9 billion bid for Vault Minerals, an aggressive move producers make when they see ounces as cheap and their own cash flows as durable. Boards do not authorize hostile bids of that size if they believe the cycle is over. Sustained weakness across the peer group looks more like a grinding correction than panic capitulation, with cash flows still supporting dividends and buybacks. GDX is a satellite position, not a core holding. A reasonable framework treats gold exposure as 5% to 10% of a diversified portfolio, split between bullion (GLD or IAU) and miners (GDX). The bullion piece is your insurance policy. The miners piece is your call option on gold trending higher, with operational leverage doing the work. Sizing GDX above 5% invites drawdowns like the one that just happened. The tradeoffs are still real, because: Volatility that hurts. A 21% quarter is a structural feature of this fund. If you cannot stomach that on 5% of your book, own bullion instead. Concentration risk. The top holdings dominate the index, so Newmont's cost overruns or Barrick's political headaches show up in your returns whether gold moves or not. Catching a falling knife is a real risk. Miners can grind lower for months before turning, and averaging in beats trying to time it. GDX fits an investor who already holds some bullion, believes the gold cycle has further to run, and wants operational leverage without picking a single miner. It does not fit anyone treating gold as a sleep-well-at-night allocation. For that use case, bullion serves better than the equities. The contrarian case for miners rests on cash flow, M&A activity, and a peer group that just corrected hard while gold itself is still up over the year. That is a setup worth watching, ideally with a plan to add on further weakness rather than a single lump-sum entry at $78. Most Americans have no idea where they actually stand. Most guess, or hope Social Security and a 401(k) will work out. Advisor.com's new matching tool gives you a real answer, free. They pair you with a fiduciary (required by law to put YOUR interest first) with questions related to taxes, estate planning, retirement, insurance analysis, and more. See you who you match with today, and get the answers you need. Contact [email protected] for any questions or corrections.

Interested in Gold.com Inc.? Here are five stocks we like better. Gold.com delivered a strong Q1 2026 performance, with gold production of 719,000 ounces, adjusted net earnings up 173%, and free cash flow up 320% to $1.6 billion. Management said higher gold prices and cost discipline helped drive the results. The company boosted shareholder returns by declaring a $0.175 quarterly dividend and authorizing a $3 billion share buyback. It also ended the quarter with $2.4 billion in net cash and no meaningful debt due until 2033. Management reaffirmed 2026 plans, including unchanged production and cost guidance, an on-track North American gold assets IPO by the end of 2026, and continued progress on major growth projects such as Lumwana and Fourmile. Gold Rally Continues: These 3 Mining Stocks Are Likely to Benefit Gold.com (NYSE:GOLD) reported a stronger first quarter for 2026, with executives saying improved operating performance, higher gold prices and cost discipline contributed to a sharp rise in cash flow and earnings. President and CEO Mark Bristow said the company made progress against four priorities set for the year: safety, operational delivery, organic growth and the planned initial public offering of its North American gold assets. “It was the second quarter in a row of improved delivery across the board,” Bristow said. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum Best Gold Stocks in 2025… So Far The company produced 719,000 ounces of gold in the quarter, above guidance and up 4% from a year earlier. Bristow attributed the increase to a 10% year-over-year rise in North American production and strong performances at Veladero and Loulo-Gounkoto. Copper production totaled 49,000 tons, in line with plan, and rose 11% from the prior year. Bristow said gold costs came in better than planned, reflecting cost control and efficiencies in mining and processing. Copper C1 cash costs were also lower than plan. → 3 Ways to Target the Resources Powering AI and Data Centers Gold Rally vs. Oil Surge: Where Investors Are Betting Next Senior EVP and CFO Helen Cai said the quarter reflected “strong earnings quality with strong cash conversion,” adding that the higher gold price amplified improvements already occurring in the business. According to Cai, gold production from continuing operations rose 4% year-over-year, while the company’s realized gold price increased 66%. Adjusted net earnings rose 173%, and attributable EBITDA increased 103%. Bristow said attributable EBITDA doubled year-over-year at a much higher margin, while free cash flow increased 320% to $1.6 billion. → Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players Cai said attributable free cash flow, which the company uses as the basis for its dividend policy, increased 195% to $1.2 billion. The company ended the quarter with $2.4 billion of net cash, an undrawn $3 billion revolving credit facility and no meaningful debt due until 2033. The board announced a quarterly dividend of $0.175 per share and authorized a $3 billion share buyback. Cai said Barrick has returned $7.9 billion to shareholders since 2021, including $697 million in the first quarter of 2026 and $2.4 billion in 2025. During the Q&A session, Cai said the buyback would be executed when permitted under regulatory rules and would not affect the company’s dividend framework. Bristow said safety performance “has not been where it needs to be,” but reported progress in the first quarter after the company shifted its focus in late 2025 toward identifying and eliminating risks that could lead to serious injuries and fatalities. He said there was a meaningful reduction in significant and high-severity injuries in the quarter, with 63% of all injuries classified as minor. Lost-time injuries declined, and leaders across the company, including members of the executive committee, are spending more time in the field focused on critical control verifications. “To be clear, though, we are still not where we need to be and had too many near misses during the quarter,” Bristow said. North America remained the largest contributor to results. Bristow said Nevada Gold Mines and Pueblo Viejo both posted year-over-year growth and together accounted for 57% of attributable EBITDA at a margin of nearly 70%. At Nevada Gold Mines, productivity improvements continued through the quarter. Bristow said the Carlin, Cortez and Circle Ridge underground mines delivered their highest tonnages since the joint venture was formed, putting the operation on track for record underground tons mined this year. The Carlin roasters achieved their highest first-quarter production since 2022, while the Sage Orbit lab recorded its highest quarterly throughput since 2021. In response to a question from Scotiabank’s Tanya Jakusconek, Bristow said employee turnover at Nevada Gold Mines had not yet improved and was about 14%, though he said morale and focus at the operation appeared stronger. Loulo-Gounkoto also outperformed its restart plan. Bristow said mining and processing ramped up ahead of schedule, and the operation made an earlier-than-expected contribution to quarterly attributable EBITDA. In response to questions from RBC’s Josh Wolfson and Scotiabank’s Jakusconek, executives said Loulo-Gounkoto is expected to reach full potential by the end of the year and has not been affected by broader country issues in Mali. Management said the site has at least five months of key supplies and about three months of diesel stock. Bristow said the Lumwana copper expansion in Zambia remains on track toward the lower end of 2026 capital guidance and within the original $2 billion budget. The expansion is expected to raise mill throughput from 27 million tons to 52 million tons per year and increase annual copper production from 117,000 tons to 240,000 tons. First copper from the expansion is expected in the first quarter of 2028. The Fourmile project in Nevada also continued to advance, with drilling continuing through the winter. Bristow said the company plans to expand drilling in 2026 and complete prefeasibility studies by 2028. He said Newmont, Barrick’s partner at Nevada Gold Mines, has been given access to Fourmile data as part of discussions about how the project may ultimately fit into the joint venture. On Reko Diq, Bristow told UBS analyst Daniel Major that the project budget remains intact while the company conducts a 12-month review. He said the company is dealing with contractor issues, including force majeure notices tied to security concerns in the region, and is working with the Pakistan government. Bristow said the review run rate is roughly $20 million per month. The company left its 2026 production and cost guidance unchanged. Bristow said second-quarter gold production is expected to range from 730,000 to 770,000 ounces, above the first-quarter level, with higher gold production expected in the third and fourth quarters. Copper production is expected to be higher in the second half than in the first half. Bristow also reaffirmed that the planned IPO of North American gold assets remains on track for completion by the end of 2026. In the Q&A session, George, a company executive, said filings with the SEC and TSX are expected to be public by late summer, allowing the company to access the market in the fall. The planned perimeter includes Nevada Gold Mines, Pueblo Viejo and Fourmile. “Barrick historically has been criticized for not delivering on its commitments,” Bristow said near the end of the call. “This is the second quarter that we have delivered on all of our commitments to our shareholders.” A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Gold.com Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for May 2026.

Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) shares climbed nearly 7% following the release of its first quarter 2026 results, after the company reported earnings, production, and cash flow that significantly exceeded analyst expectations. For the quarter ended March 31, Barrick posted adjusted earnings per share of $0.98, beating the consensus estimate of $0.74. Revenue rose to $5.22 billion, surpassing expectations of approximately $4.53 billion and increasing from $3.13 billion in the prior-year period. The stronger performance was driven by higher-than-expected gold production and improved operational efficiency, supported by elevated realized gold prices. Barrick produced 719,000 ounces of gold during the quarter, exceeding its guidance range of 640,000 to 680,000 ounces. Copper production totaled 49,000 tonnes, in line with expectations. All-in sustaining costs (AISC) for gold were $1,708 per ounce, down 4% year-over-year and below internal expectations for the quarter, while total cash costs rose to $1,327 per ounce. Looking ahead, the company reiterated full-year guidance, with gold production expected between 2.9 million and 3.25 million ounces and copper production between 190,000 and 220,000 tonnes. Second-quarter gold production is forecast at 730,000 to 770,000 ounces, with sequential improvement expected through the remainder of the year. Barrick also declared a quarterly dividend of $0.175 per share and announced a new $3 billion share buyback program. The company said its North American Barrick IPO remains on track for completion by year-end 2026. “We started the year with another strong quarter. Building on momentum from Q4, we operated safely and outperformed our plan on both gold production and costs,” Barrick Gold CEO Mark Hill said. “Our performance allowed us to capture even more of the higher gold price, producing significantly higher earnings and cash flow compared to a year ago.” Jefferies analysts said Barrick’s first-quarter results came in ahead of expectations across earnings, production, and cash flow, driven by stronger output and lower costs. The firm noted that the market had been expecting gold production in the 640,000 to 680,000 ounce range, while actual production reached 719,000 ounces. Jefferies added that production is expected to strengthen through the year, including roughly 750,000 ounces in the second quarter, supported by ramp-ups at key operations and improved mine sequencing. The firm noted that adjusted earnings per share of $0.98 exceeded its $0.80 estimate and consensus forecasts, while EBITDA and free cash flow also came in ahead of expectations at $3.93 billion and $1.58 billion, respectively. The analysts attributed the earnings beat to higher gold sales and lower production costs, with particularly strong contributions from Nevada Gold Mines and Loulo-Gounkoto. Jefferies reiterated its view that Barrick remains undervalued, noting the stock trades at roughly 0.6 times net asset value. However, it said a more meaningful re-rating would likely depend on asset portfolio simplification in higher-risk jurisdictions and progress on the North American IPO, alongside continued capital returns.

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Gold.com (GOLD) stock is back in focus after the company reported fiscal third quarter results, with revenue of US$10.35b and net income of US$59.49m, alongside fresh digital asset partnerships. See our latest analysis for Gold.com. At a share price of US$43.51, Gold.com has given investors a 25.14% year to date share price return, while the 1 year total shareholder return of 114.36% points to strong momentum despite a 21.35% decline over the last 90 days. If this kind of volatility in precious metals interests you, it can be useful to see what else is moving and compare Gold.com with 31 elite gold producer stocks After record quarterly figures, a strong 1-year return and a pullback over the last 90 days, the key question is simple: is Gold.com still undervalued or is the stock already pricing in future growth? The most followed narrative pegs Gold.com’s fair value at $66.75 versus the recent $43.51 share price, and it hinges on a different growth and margin outlook than the headline forecasts now in the market. Read the complete narrative. Want to see why this valuation jumped so sharply? The narrative leans on faster revenue expansion, a richer profit margin profile and a higher future earnings multiple. Curious which assumptions really move the model and how a lower discount rate feeds into that $66.75 figure? The full narrative lays out the playbook behind that 35% gap. Result: Fair Value of $66.75 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there is still a risk that acquisition driven growth, rising SG&A and softer organic volumes in key products could cap margins and pressure future earnings assumptions. Find out about the key risks to this Gold.com narrative. That 35% undervaluation call is very different to the Simply Wall St DCF model, which puts Gold.com’s future cash flow value at just $8.20 per share versus the current $43.51. On this view the stock screens as overvalued. Which set of assumptions do you trust more? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Gold.com for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 51 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. The mix of strong returns, recent volatility and conflicting valuations makes this a stock many investors are debating in real time. Check the data, weigh the upside against the uncertainties and see how the balance of 3 key rewards and 4 important warning signs If you are serious about building a stronger portfolio, do not stop at one stock. Use powerful screeners to find ideas you would otherwise miss. Target quality at a discount by checking companies that pass strict value and fundamentals filters through the 51 high quality undervalued stocks. Prioritize resilience by filtering for companies with strong financial positions and low risk scores using the 72 resilient stocks with low risk scores. Get ahead of the crowd by scouting lesser known companies with solid fundamentals through the screener containing 23 high quality undiscovered gems. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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. Companies discussed in this article include GOLD. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]