BellRing Brands Reports Results for the Third Quarter 2025; Narrows Fiscal Year 2025 Outlook
Highlights:
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
6 minutes ago
- Cision Canada
Gold Eyes $3,500 as Miners Race to Unlock High-Grade Ounces Before Year-End
Issued on behalf of RUA GOLD Inc. VANCOUVER, BC, Aug. 5, 2025 /CNW/ -- Equity Insider News Commentary – The upward momentum for gold price projects continues, as the precious metal opened the week above $3,400 after a recent labor data revision. Analysts continue to adjust their gold price forecasts, with the next three months looking to hit $3,500, with Fidelity projecting a potential $4,000 per ounce price by year-end. And it's not just the bullion dealers that stand to benefit, as gold mining majors are already publicly stating they expect bumper profits as gold's prices and volumes surge. In response, gold miners as a group are leading in gains on spot price on the weak US jobs data, leaving an opportunity for retail investors in the market to take a better look at miners making moves as of late, such as RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Dundee Precious Metals (TSX: DPM) (OTCPK: DPMLF), Gold Resource Corporation (NYSE-American: GORO), Nova Minerals Limited (NASDAQ: NVA), and Cerrado Gold Inc. (TSXV: CERT) (OTCQX: CRDOF). According to a recent report from Reuters, the TSX is currently approaching its own recent record high, as gold mining shares continue to climb. As gold flirts with all-time highs and silver rips through multi-year resistance, investors are beginning to rotate into junior miners as the next logical phase of the precious metals bull run. RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) just announced a major expansion to its Reefton drill campaign, mobilizing a third rig and targeting over 4,000 metres of new drilling at Auld Creek to grow the gold-antimony resource above 300,000 ounces by year-end. The company is also initiating deeper drilling at Cumberland and advancing Alexander River as a third priority asset—all part of a 12-month strategy aimed at fast-tracking permitting and transitioning from explorer to developer. "We closed Q2 2025 with $14 million in the treasury, placing us in a strong position to execute on our aggressive exploration plan in New Zealand," said Robert Eckford, CEO of RUA GOLD. "As our gold-antimony resource continues to grow rapidly—and with antimony at the top of every nation's critical minerals list—the significance of this expansion is substantial." The Reefton Goldfield is a historically prolific district that produced more than 2 million ounces at grades up to 50 g/t. RUA GOLD now controls 120,000 hectares (roughly 95%) in the area and has confirmed multiple stacked mineralized shoots at Auld Creek, including a standout intercept of 2.1 m at 64 g/t AuEq (5.5 g/t gold and 13.1% antimony). New modeling work is underway ahead of a resource update, while two rigs continue testing depth and lateral continuity. Antimony continues to be a major tailwind for the company's positioning, with prices surging past US$50,000 per tonne in 2025 following China's export restrictions. New Zealand has formally designated it as a critical mineral, adding further significance to RUA GOLD's dual-commodity profile at Auld Creek. Surface samples have returned over 40% Sb, and several drill holes exceed 8%—grades rarely seen this early in a project's development cycle. Three kilometres south, RUA GOLD has put a third drill rig to work at Cumberland, following up on strong recent hits such as 1 m at 26.9 g/t, and earlier assays of 62.2 g/t and 1 m at 1,911 g/t within the Gallant vein system. This AI-generated target has confirmed shallow continuity along a 600 m strike, with additional step-outs in motion across a 2.5 km corridor. Meanwhile, at Alexander River, modeling is underway to build on a 130,000 oz inferred resource grading 4.1 g/t. The zone hosts 1.2 km of outcropping mineralization and returned historical production of 41,000 oz at 26 g/t before World War II halted mining. Targets at Caledonia and other regional zones are also in development. On the North Island, drill access applications have now been submitted for RUA's Glamorgan project in the Hauraki Goldfield—home to the 10 Moz Martha mine. Glamorgan's 4 km gold-arsenic anomaly has been refined using CSAMT surveys and VRIFY's DORA AI engine, with drilling expected to begin in Q4. "Over the past month, our Board and Management team have been focused on shaping the Company's strategy to transition us from an explorer to a developer," added Eckford. "With New Zealand's highly supportive permitting regime, our goal is to rapidly build ounces on our balance sheet and enter the 'Fast Track Permitting Process' in 2026." With a disciplined burn rate, $14 million in cash, and a leadership team behind US$11 billion in prior exits, RUA GOLD is well-positioned to deliver meaningful discovery growth and advance permitting across both islands. The current multi-rig program aims to stack near-surface ounces at scale—across gold, antimony, and future targets shaped by AI and legacy-grade geology. In other industry developments and happenings in the market include: Dundee Precious Metals (TSX: DPM) (OTCPK: DPMLF) recently reported record free cash flow of US$85.7 million and adjusted net earnings of US$51.5 million for Q2 2025, driven by strong production at both the Chelopech and Ada Tepe mines. "We continue to consistently deliver robust free cash flow, generating a record $174 million year-to-date, further strengthening our financial capacity to fund growth," said David Rae, President and CEO of Dundee. "At the same time, our investors are benefiting from our low-cost, high-margin gold production as we continue to return capital to shareholders, demonstrated by the repurchase of a record 10 million shares during the first half of the year. The company sold 72,700 ounces of gold and 6.9 million pounds of copper during the quarter, while also advancing its Loma Larga permitting process in Ecuador. With a debt-free balance sheet and over US$500 million in liquidity, Dundee also reaffirmed its 2025 production guidance and declared a quarterly dividend of US$0.05 per share. Gold Resource Corporation (NYSE-American: GORO) recently announced improved operational metrics and new high-grade drill results from its Don David Gold Mine in Oaxaca, Mexico. Notable intercepts include 7.3 g/t gold and 280 g/t silver over 5.2 metres in the Switchback vein, and 9.2 g/t gold over 1.9 metres in the Arista vein system. "Consistent high-grade drill intercepts, along with an improved understanding of the geology, have allowed us to build more confidence in the mine plan of the Three Sisters system and reinforcing its role as a key contributor to future mine production," said Allen Palmiere, President and CEO of GORO. "In addition, we are excited about the potential benefits from bringing in an experienced mining contractor along with their new equipment, while changing out some of our old fleet with good used equipment to improve our efficiencies and returns. We remain focused on integrating the Three Sisters system into our short-term mine plan while continuing to advance exploration efforts aimed at driving sustainable growth and maximizing shareholder value." The company reduced all-in sustaining costs by 9% quarter-over-quarter and reported strong underground development progress across multiple zones. Nova Minerals Limited (NASDAQ: NVA) has released new metallurgical test results from its RPM deposit at the Estelle Gold Project, showing strong recoveries using a combined flowsheet approach. Ore sorting achieved a 4.33x grade increase—from 1.32 g/t to 5.72 g/t—in a single pass, while heap leach tests on lower-grade material delivered gold recoveries up to 68.7%. "We are extremely pleased with the results emerging from our ongoing metallurgical test work program at the RPM Deposit, which we believe continues to demonstrate the exceptional quality and scalability of the Estelle Project," said Christopher Gerteisen, CEO of Nova Minerals. "The ability to extract up to 68.7% gold recovery from lower-grade material through heap leaching, combined with a 4.33 times upgrade using ore sorting technology, is a significant technical breakthrough, in our opinion. These results underscore the economic potential through innovative processing methods as we continue to refine our development pathway." The company says these results support its strategy of combining CIP/CIL processing with ore sorting and heap leaching to maximize project economics ahead of its upcoming prefeasibility study. Cerrado Gold Inc. (TSXV: CERT) (OTCQX: CRDOF) recently announced it had produced 11,437 gold equivalent ounces at its Minera Don Nicolás Mine in Q2 2025, with underground development at the Paloma pit now underway and expected to ramp up in H2. "As the heap leach continues to ramp up to its fully expanded capacity, we continue to be confident in our full year expectations as the underground operations ramp-up in H2/25," said Mark Brennan, CEO and Chairman of Cerrado. " Cerrado also continued to progress both the Lagoa Salgada project and the Mont Sorcier projects towards completion of feasibility studies by Q3/2025 and Q1/2026 respectively, which we believe should demonstrate substantial value being unlocked by Cerrado's development projects." Heap leach upgrades and a 20,000m drill program are in progress to boost recovery and expand resources, while exploration drilling has already intercepted new vein structures. The company is also advancing feasibility work at its Lagoa Salgada and Mont Sorcier projects, with updates expected later this year. CONTACT: Equity Insider [email protected] (604) 999-4849 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Media Corp. ("BAY"), who has been paid a fee by a third-party, Sidis Holdings Limited ("Sidis") for an advertising contract between Sidis and RUA Gold Inc.. MIQ has not been paid a fee for RUA Gold Inc. advertising or digital media, but the owner/operators of MIQ also co-owns Media Corp. ("BAY") There may also be 3rd parties who may have shares of RUA Gold Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ does not own any shares of RUA Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of RUA Gold Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of Sidis has been approved by RUA Gold Inc. Technical information relating to RUA GOLD Inc. has been reviewed and approved by Simon Henderson, CP, AUSIMM, a Qualified Person as defined by National Instrument 43-101. Mr. Henderson is Chief Operational Officer of RUA GOLD Inc., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of RUA Gold Inc. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Globe and Mail
24 minutes ago
- Globe and Mail
BWXT (BWXT) Revenue Jumps 12%
Key Points Revenue (GAAP) reached $764.0 million for Q2 2025, exceeding the $711.1 million GAAP estimate and up 12% compared to Q2 2024. Non-GAAP EPS was $1.02 for Q2 2025, above the $0.79 non-GAAP estimate and a 24% increase year over year. Record order backlog grew 70.2% year-over-year in Q2 2025, with management raising full-year 2025 revenue and non-GAAP earnings guidance. These 10 stocks could mint the next wave of millionaires › BWX Technologies (NYSE:BWXT), a key supplier of nuclear components to the U.S. government and commercial markets, reported its Q2 2025 results on August 4, 2025. Revenue (GAAP) was $764.0 million, handily beating analysts' GAAP estimates of $711.1 million. Non-GAAP earnings per share reached $1.02, outperforming the $0.79 non-GAAP consensus. The company's backlog grew sharply, reaching $6.0 billion, supporting a raised revenue and non-GAAP earnings forecast for 2025. Overall, the quarter delivered strong growth and operational results, though ongoing challenges in commercial profit margins were noted. Metric Q2 2025 Q2 2025 Estimate Q2 2024 Y/Y Change EPS (Non-GAAP) $1.02 $0.79 $0.82 24% Revenue (GAAP) $764.0 million $711.06 million $681.5 million 12% Adjusted EBITDA $145.9 million $126.2 million 16% Operating Income (GAAP) $102.4 million $98.8 million 4% Free Cash Flow $126.3 million $35.5 million 256.1% Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Business Overview and Key Success Factors BWX Technologies operates in two main segments: Government Operations and Commercial Operations. The Government segment designs and manufactures nuclear components for the U.S. Navy and Department of Energy, including propulsion systems for submarines and aircraft carriers. The Commercial segment supplies nuclear power components, life-extension services for nuclear plants, and medical isotopes used in healthcare imaging and treatments. The company's growth depends on demand from the U.S. government, which usually provides steady, multi-year contracts. Its commercial business responds to global demand for nuclear power and medical isotopes. Strategic investments and acquisitions, such as the recent purchase of Kinectrics, help expand BWXT's technical capabilities and address new markets. Notable Developments in the Quarter The quarter saw a sharp rise in revenue, driven by outperformance in both core segments. Government Operations produced $589.0 million in GAAP revenue, up 9% from the prior-year quarter, with operating income (GAAP) rising 18%. A highlight was a record backlog of $4.44 billion in this segment, up over 54% compared to Q2 2024. Key contract wins included new pricing agreements for naval reactors—a core business anchored in federal defense spending priorities. Management noted, "exceptionally strong second quarter 2025 financial results driven by solid operational performance and pacing of work, particularly in Government Operations," Commercial Operations delivered revenue of $176.1 million, representing 24% growth compared to Q2 2024, but the segment's operating income (GAAP) dropped 59%. The decline resulted from unfavorable project mix and increased costs, especially raw material inflation in products like nuclear fuel tubing. Import cost pressures, most notably zirconium, affected profitability. Management expects relief in the second half of 2025 as cost pass-through mechanisms kick in under existing contracts. The commercial backlog more than doubled from $669 million in Q2 2024 to $1.58 billion, reflecting demand in nuclear and medical markets. The company closed its acquisition of Kinectrics in May 2025. This move aims to grow BWXT's capacity in nuclear lifecycle services and radiopharmaceuticals, contributing to the Commercial segment. Both recent acquisitions—Kinectrics and Aerojet Ordnance Tennessee—added to revenue during the quarter and contributed to the consolidated order backlog reaching a record $6.0 billion at quarter end. Alongside this, the company kept pace with expansion plans, including scaled-up manufacturing at its Cambridge facility in Canada. On a consolidated basis, adjusted EBITDA rose 16% to $145.9 million. Operating income (GAAP) was up 4%, reflecting gains in Government Operations mostly offset by lower profits in Commercial. Free cash flow (non-GAAP) improved significantly, rising to $126.3 million from $35.5 million in Q2 2024, aided by improved working capital discipline and contract award timing. BWXT paid $23.1 million in dividends during the quarter, reflecting a steady $0.25 per share payout. Financial Outlook and What to Watch Next Management raised its financial outlook for 2025, increasing guidance for adjusted EBITDA, non-GAAP EPS, and free cash flow, now projecting revenue near $3.1 billion (previously ~$3.0 billion) and non-GAAP EPS of $3.65–$3.75 (up from $3.40–$3.55). Adjusted EBITDA is now expected between $565 million and $575 million, while free cash flow guidance climbed to $275–$285 million. This enhanced forecast is backed by the strong backlog and robust first-half order trends. The company's CEO stated, ""Based on our strong year-to-date results, robust bookings, and favorable market outlook, we are increasing our 2025 financial guidance metrics,"" Investors will want to watch margin recovery in Commercial Operations as cost pass-through protections are implemented, and how well BWXT integrates newly acquired businesses. The company's exposure to U.S. government budgets remains a central factor—any major changes in defense spending or procurement could affect financial results in future periods. Raw material costs and progress in expanding medical radioisotopes capability are also key variables. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,019%* — a market-crushing outperformance compared to 178% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of August 4, 2025
Globe and Mail
35 minutes ago
- Globe and Mail
Marcus Corporation Increases Quarterly Dividend
Directors of The Marcus Corporation (NYSE: MCS) today declared a regular quarterly cash dividend of $0.08 per share of common stock, a 14% increase from the prior dividend rate of $0.07 per share of common stock. The dividend will be paid September 15, 2025, to shareholders of record on August 25, 2025. 'Throughout Marcus Corporation's 90-year history, we have demonstrated a steadfast commitment to returning capital to our shareholders through consistent quarterly dividend payments. Prior to the pandemic, we proudly delivered 45 consecutive years of dividends – a legacy we resumed in 2022 and strengthened in 2023,' said Gregory S. Marcus, chairman and chief executive officer of Marcus Corporation. "Today, we are pleased to raise the quarterly cash dividend once again thanks to the continued financial performance of our company, the strength of our balance sheet and our Board's confidence in our ability to support a growing dividend.' The Board of Directors also declared a dividend of $0.073 per share on the Class B common stock. The dividend on the Class B common stock, which is not publicly traded, will also be paid September 15, 2025, to shareholders of record on August 25, 2025. About Marcus Corporation Headquartered in Milwaukee, Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. Marcus Corporation's theatre division, Marcus Theatres ®, is the fourth largest theatre circuit in the U.S. and currently owns or operates 985 screens at 78 locations in 17 states under the Marcus Theatres, Movie Tavern ® by Marcus and Bistro Plex ® brands. The company's lodging division, Marcus ® Hotels & Resorts , owns and/or manages 16 hotels, resorts and other properties in eight states. For more information, please visit the company's website at
