Latest news with #RBCCapital
Yahoo
8 hours ago
- Business
- Yahoo
New Gold Inc. (NGD) Positioned for Strong Future Growth With Strategic Execution
With strong billionaire interest, New Gold Inc. (NYSE:NGD) is included in our list of the . A closeup image of a miner holding a pile of gold nuggets, a representation of the company's royalty. On the back of strategic execution and with sustainability at the core of its FY2025 operations, New Gold Inc. (NYSE:NGD) is well placed for strong future growth. In Q1, the company recorded gold and copper production of 52,186 ounces and 13.6 million pounds, respectively. This production pace is slightly ahead of its annual gold production guidance. Meanwhile, the company recorded all-in sustaining costs of $1,727 per ounce, signaling a balanced start to 2025. On the analyst front, RBC Capital maintains its 'Buy' rating with a $6 price target, expressing optimism in the company's operational momentum. Meanwhile, in its 2024 sustainability report, the company reported a 7.8% reduction in Scope 1 and 2 emissions and the lowest injury rate in its history, which decreased by 42% since 2021. With a $400 million senior notes offering in March and redemption of the remaining $111 million on July 15, New Gold Inc. (NYSE:NGD)'s balance sheet is driving its future growth. New Gold Inc. (NYSE:NGD) is focused on exploration for gold, silver, and copper deposits in Canada. It is included in our list of the best gold stocks. While we acknowledge the potential of NGD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 10 Cheap Lithium Stocks to Buy According to Hedge Funds. Disclosure: None. 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
Business Insider
14 hours ago
- Business
- Business Insider
RBC Capital Sticks to Their Buy Rating for Sweetgreen (SG)
In a report released on July 27, Logan Reich from RBC Capital maintained a Buy rating on Sweetgreen, with a price target of $25.00. The company's shares closed yesterday at $13.72. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Reich covers the Consumer Cyclical sector, focusing on stocks such as Starbucks, Life Time Group Holdings, and Restaurant Brands International. According to TipRanks, Reich has an average return of -6.7% and a 51.56% success rate on recommended stocks. In addition to RBC Capital, Sweetgreen also received a Buy from Bank of America Securities's Sara Senatore in a report issued on July 18. However, on July 26, TR | OpenAI – 4o reiterated a Hold rating on Sweetgreen (NYSE: SG). Based on Sweetgreen's latest earnings release for the quarter ending March 30, the company reported a quarterly revenue of $166.3 million and a GAAP net loss of $25.04 million. In comparison, last year the company earned a revenue of $157.85 million and had a GAAP net loss of $26.07 million Based on the recent corporate insider activity of 113 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SG in relation to earlier this year. Most recently, in May 2025, Clifford Burrows, a Director at SG bought 19,200.00 shares for a total of $251,712.00.
Business Insider
14 hours ago
- Business
- Business Insider
Newmont Mining (NEM) Gets a Hold from RBC Capital
In a report released yesterday, Josh Wolfson from RBC Capital maintained a Hold rating on Newmont Mining, with a price target of $66.00. The company's shares closed yesterday at $63.66. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Wolfson is a 5-star analyst with an average return of 11.7% and a 67.26% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Newmont Mining, Anglogold Ashanti PLC, and Barrick Mining. In addition to RBC Capital, Newmont Mining also received a Hold from Scotiabank's Tanya Jakusconek in a report issued on July 25. However, yesterday, Raymond James maintained a Buy rating on Newmont Mining (NYSE: NEM). Based on Newmont Mining's latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $4.21 billion. In comparison, last year the company earned a revenue of $4.31 billion and had a net profit of $853 million
Business Insider
14 hours ago
- Business
- Business Insider
RBC Capital Sticks to Their Buy Rating for First Industrial Realty (FR)
RBC Capital analyst Michael Carroll maintained a Buy rating on First Industrial Realty on July 25 and set a price target of $60.00. The company's shares closed yesterday at $48.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Carroll is a 5-star analyst with an average return of 7.6% and a 61.05% success rate. Carroll covers the Real Estate sector, focusing on stocks such as Healthpeak Properties, Stag Industrial, and Alexandria Equities. In addition to RBC Capital, First Industrial Realty also received a Buy from Truist Financial's Ki Bin Kim in a report issued on July 25. However, on July 22, KeyBanc maintained a Hold rating on First Industrial Realty (NYSE: FR).
Business Insider
14 hours ago
- Business
- Business Insider
Dutch Bros Inc (BROS) Gets a Buy from RBC Capital
In a report released on July 27, Logan Reich from RBC Capital maintained a Buy rating on Dutch Bros Inc, with a price target of $83.00. The company's shares closed yesterday at $59.23. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Reich covers the Consumer Cyclical sector, focusing on stocks such as Starbucks, Life Time Group Holdings, and Restaurant Brands International. According to TipRanks, Reich has an average return of -6.7% and a 51.56% success rate on recommended stocks. In addition to RBC Capital, Dutch Bros Inc also received a Buy from TD Cowen's Andrew Charles in a report issued on July 22. However, on July 25, TR | OpenAI – 4o downgraded Dutch Bros Inc (NYSE: BROS) to a Hold.
