Latest news with #EVR
United News of India
12-08-2025
- Business
- United News of India
IEPFA conducts a meeting with nodal officers to advance compliance mechanisms
Business Economy New Delhi, Aug 11 (UNI) The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, conducted a meeting with nodal officers from companies across India. This authority is entrusted with the responsibility of administering the Investor Education Protection Fund (IEPF). The meeting is intended to focus on investor protection and advancements in compliance mechanisms. The meeting was chaired by Anita Shah Akella, CEO of IEPFA and Joint Secretary, Ministry of Corporate Affairs, with the participation of almost 530 officers. Almost 505 officers joined this meeting virtually. The center point of the meeting was an inaugural brief on the upcoming launch of the Integrated Portal with a revamped IEPF-5 form and EVR for streamlined operations. The IEPF-5 form is used by investors to claim unpaid dividends and shares that have been transferred to the Investor Education and Protection Fund (IEPF). Dignitaries also talked about the importance of filing Form IEPF-IA for companies yet to comply with the 2019 directive. This meeting also highlighted the ongoing campaign 'Saksham Niveshak', which uses advanced tools for claimant identification and awareness. 'Saksham Niveshak' is a campaign launched by the Ministry of Corporate Affairs to assist shareholders in updating their details and claiming unclaimed dividends. UNI SAS BM
Yahoo
15-07-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Evercore (EVR) is a Great Choice
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Evercore (EVR), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Evercore currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if EVR is a promising momentum pick, let's examine some Momentum Style elements to see if this investment bank holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For EVR, shares are up 1.4% over the past week while the Zacks Financial - Investment Bank industry is down 0.82% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 18.01% compares favorably with the industry's 8.93% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Evercore have risen 66.78%, and are up 23.79% in the last year. In comparison, the S&P 500 has only moved 16.27% and 12.91%, respectively. Investors should also pay attention to EVR's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. EVR is currently averaging 583,648 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with EVR. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost EVR's consensus estimate, increasing from $10.79 to $11.71 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that EVR is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Evercore on your short list. 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 Evercore Inc (EVR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
West Australian
19-06-2025
- Business
- West Australian
New-look board tins up EV Resources for Mexican antimony tilt
EV Resources is doubling down on its high-grade Los Lirios antimony mine in Mexico, with a revamped board and a fresh round of funding to fast-track the project towards production. The company has welcomed two seasoned mining veterans to its board, with Shane Menere stepping in as non-executive chairman and Justin Werner joining as a non-executive director. The incoming heavyweights have opened their shoulders – and their wallets – to invest $200,000 total in a $650,000 capital raise, affirming their belief in the company and its flagship – and now sole - project. Menere is a mining entrepreneur with a quarter century's worth of experience, including his current role as founder and chief executive officer of ASX-listed explorer Far East Gold. Meanwhile, Werner currently steers the ship at the world's largest listed pure nickel producer, Nickel Industries. As managing director, he has taken the company to a $3 billion market cap and some 130,000 tonnes per annum of nickel output. The pair's arrival sees Luke Martino shift from chairman to non-executive director, ensuring continuity as EVR sharpens its antimony strategy. The new directors have also elected to receive their salaries as shares, allowing for all-important funds to be focussed on bringing Los Lirios into immediate production while antimony prices are at all-time highs. As remuneration, Werner and Menere will receive 20 million shares and 20 million options each at a 0.3 cents excise price with a one-year expiry, pending shareholder approval. The funds will fuel the restart of Los Lirios, a 1652-hectare project in Oaxaca, Mexico, which has three historical small open pits. EVR holds a 70 per cent stake in the project. Los Lirios has climbed the ranks to become EVR's cornerstone and sole asset. The historical open pits and underground workings delivered high-grade antimony ore until the 1970s, returning assays as high as 62 per cent and 62.99 per cent antimony. The company has 30-kilogram bulk antimony samples undergoing ore characterisation to pave the way for gravity-based recovery tests. With talks underway for a pilot processing plant, EVR is eyeing a rapid production restart to capitalise on antimony's soaring demand, driven by China's export bans and its critical role in semiconductors, ammunition and solar panels. To streamline its focus, EVR made a tough call to relinquish its former flagship Parag copper-molybdenum porphyry project in Peru. Despite stellar drilling results, such as 18 metres at 1.7 per cent copper and 0.4 per cent molybdenum from 11m. The board deemed Parag's funding needs were too hefty for the current market conditions and instead opted to conserve cash and channel resources into Los Lirios' near-term potential. The company has recently made several divestments, such as the Yanamina gold-silver project, which it sold for up to $9.3 million and quickly flipped its Coyote Creek antimony project for a $450,000 profit. The deals have armed the company with the cash and future payments it needs to advance its Mexican mine to regional prominence. While EVR cautions that exploration and development risks remain, including uncertainties around mineralisation economics and financing, the new board's pedigree and strategic focus signal a clear intent. With drill bits ready to spin and a pilot plant in sight, EV Resources is shaping up as a near-term player in a red-hot antimony market. Is your ASX-listed company doing something interesting? Contact:
West Australian
12-06-2025
- Business
- West Australian
EV Resources locks in historical antimony project in Mexico
EV Resources has officially sealed a 70 per cent stake in its high-grade Los Lirios antimony mine in Oaxaca, Mexico. The company now aims to fast-track the critical minerals project towards mine development thanks to a string of recent value-accretive project divestments. The company has executed a binding assignment of mining rights over the 1552-hectare project, which includes three mining concessions. The three historic open pits and multiple underground workings previously churned out commercial-grade direct shipping ore (DSO). EVR owns 70 per cent of a new joint venture entity that holds the project. It will now look to leverage proceeds from several recent shrewd divestments to fast-track development at Los Lirios, positioning itself to capitalise on an skyrocketing antimony market amid global, Chinese-controlled supply constraints. EVR will now steer the ship at Los Lirios, providing management and capital to ramp up production to a targeted 300 tonnes DSO per day. The company is wasting no time, with 30-kilogram samples already undergoing ore characterisation and mineralogy analysis. It expects to soon receive the results. The samples will feed into recovery test work focused on gravity methods, which have proven effective for antimony in Mexico. EVR is also in talks with owners of permitted plant sites to establish a pilot processing plant. Its aggressive timeline will look to cash in on its staggeringly high-grade ore, which includes stockpile assays as high as 29.17 per cent stibnite – the primary antimony sulphide ore. Fuelling this ambitious push are the proceeds from the company's recent portfolio rationalisation, including the recent blockbuster sale of its Yanamina gold-silver project in Peru to TSX-listed Daura Gold for up to US$6 million (A$9.3M). Similarly, EVR recently disposed of its Coyote Creek antimony project in Utah to Trigg Minerals for a handy $450,000 in cash and shares, delivering a tidy profit on an asset acquired for less than $150,000 just one month earlier. The sale of the La Cienega copper project in Arizona to Magnum Mining and Exploration, with a 2 per cent royalty on future production, further bolsters the company's future earnings potential. The savvy divestments have armed EVR with a war chest to accelerate development at Los Lirios and its Parag copper-molybdenum porphyry project in Peru. The company's strengthened cash position allows it to fund critical exploration and development activities, including sampling, trenching and drilling programs, which are set to kick off at Los Lirios early next year. EVR is eyeing strategic partnerships to unlock Parag's massive porphyry-style potential, after a previous drilling program delivered some eye-popping molybdenum intersections such as 18 metres running 1.7 per cent copper and 0.4 per cent moly from just 11m. As Los Lirios shapes up as a cornerstone asset for the company's Americas-focused strategy, EVR can now channel its divestment proceeds to fast-track its antimony supply. That could also help relieve the unprecedented market pressure pushing the price of the critical metal to a massive US$60,000 (A$92,000) per tonne. Is your ASX-listed company doing something interesting? Contact:
Yahoo
02-06-2025
- Business
- Yahoo
Is ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) a Strong ETF Right Now?
Designed to provide broad exposure to the Style Box - Mid Cap Value category of the market, the ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is a smart beta exchange traded fund launched on 02/03/2015. Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. If you're the kind of investor who would rather try and beat the market through good stock selection, then smart beta funds are your best choice; this fund class is known for tracking non-cap weighted strategies. These indexes attempt to select stocks that have better chances of risk-return performance, based on certain fundamental characteristics or a combination of such characteristics. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. The fund is managed by Proshares. REGL has been able to amass assets over $1.77 billion, making it one of the average sized ETFs in the Style Box - Mid Cap Value. Before fees and expenses, this particular fund seeks to match the performance of the S&P MidCap 400 Dividend Aristocrats Index. The S&P MidCap 400 Dividend Aristocrats Index targets companies that are currently members of the S&P MidCap 400 Index and have increased dividend payments each year for at least 15 years. When considering an ETF's total return, expense ratios are an important factor. And, cheaper funds can significantly outperform their more expensive cousins in the long term if all other factors remain equal. With one of the more expensive products in the space, this ETF has annual operating expenses of 0.40%. The fund has a 12-month trailing dividend yield of 2.52%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Financials sector - about 30.90% of the portfolio. Industrials and Utilities round out the top three. Taking into account individual holdings, Evercore Inc - A (EVR) accounts for about 2.09% of the fund's total assets, followed by Sei Investments Company (SEIC) and Cullen/frost Bankers Inc (CFR). The top 10 holdings account for about 17.92% of total assets under management. So far this year, REGL has added about 1.12%, and was up about 11.49% in the last one year (as of 06/02/2025). During this past 52-week period, the fund has traded between $72.52 and $88.79. The ETF has a beta of 0.80 and standard deviation of 16.82% for the trailing three-year period, making it a medium risk choice in the space. With about 54 holdings, it effectively diversifies company-specific risk. ProShares S&P MidCap 400 Dividend Aristocrats ETF is a reasonable option for investors seeking to outperform the Style Box - Mid Cap Value segment of the market. However, there are other ETFs in the space which investors could consider. IShares Core Dividend Growth ETF (DGRO) tracks Morningstar US Dividend Growth Index and the Vanguard Dividend Appreciation ETF (VIG) tracks NASDAQ US Dividend Achievers Select Index. IShares Core Dividend Growth ETF has $31.06 billion in assets, Vanguard Dividend Appreciation ETF has $89.57 billion. DGRO has an expense ratio of 0.08% and VIG charges 0.05%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Mid Cap Value. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL): ETF Research Reports Cullen/Frost Bankers, Inc. (CFR) : Free Stock Analysis Report Evercore Inc (EVR) : Free Stock Analysis Report SEI Investments Company (SEIC) : Free Stock Analysis Report Vanguard Dividend Appreciation ETF (VIG): ETF Research Reports iShares Core Dividend Growth ETF (DGRO): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
