Latest news with #SGC
BBC News
2 days ago
- Business
- BBC News
Public inquiry told 'clear need' for 1,700 homes in Frome
Developers have told an inquiry into proposals for 1,700 new homes, there is "no better Plan B". The Selwood Garden Community (SGC), planned for Frome in Somerset, would be built on the edge of the town near the the first day of a five-day hearing into the application, being held in Shepton Mallet, barristers representing the SGC consortium said there was "a clear and pressing need" for local the plans have been met with opposition from local residents, with some arguing there are "massive environmental concerns" with the site, as well as fears over infrastructure and pressure on local services. Two new care homes, a primary school and sports facilities would also be built at SGC, according to the Local Democracy Reporting Council had been due to discuss the proposal in February but the application was called in by central council has taken a neutral position at the hearing and said it could "neither endorse nor disagree with" the developers' position, but would do what it could to secure financial contributions towards local services if the development went Tucker KC made his opening statement in favour of the new development on behalf of the SGC consortium of said the scheme "offers a vast number of clear and tangible benefits" – including affordable housing to meet the needs of local people."The inquiry will conclude with a site visit on 12 August and the final decision on the plans will be made by housing secretary Angela Rayner within the next six months.
Yahoo
25-07-2025
- Business
- Yahoo
Superior Group (SGC) Stock Dips While Market Gains: Key Facts
In the latest trading session, Superior Group (SGC) closed at $10.88, marking a -4.06% move from the previous day. This move lagged the S&P 500's daily gain of 0.07%. At the same time, the Dow lost 0.7%, and the tech-heavy Nasdaq gained 0.18%. The uniform maker's stock has climbed by 11.5% in the past month, exceeding the Consumer Discretionary sector's gain of 4.6% and the S&P 500's gain of 5.71%. Investors will be eagerly watching for the performance of Superior Group in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 5, 2025. On that day, Superior Group is projected to report earnings of $0.05 per share, which would represent year-over-year growth of 25%. Meanwhile, our latest consensus estimate is calling for revenue of $134.2 million, up 1.86% from the prior-year quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.41 per share and revenue of $559.79 million, which would represent changes of -43.84% and -1.04%, respectively, from the prior year. Investors should also take note of any recent adjustments to analyst estimates for Superior Group. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, Superior Group is carrying a Zacks Rank of #3 (Hold). Digging into valuation, Superior Group currently has a Forward P/E ratio of 27.89. This valuation marks a premium compared to its industry average Forward P/E of 15.52. We can additionally observe that SGC currently boasts a PEG ratio of 2.79. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Textile - Apparel industry had an average PEG ratio of 2.07. The Textile - Apparel industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 227, this industry ranks in the bottom 9% of all industries, numbering over 250. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. 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 Superior Group of Companies, Inc. (SGC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
18-07-2025
- Business
- Yahoo
Superior Group (SGC) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Superior Group (SGC) closed at $10.63, marking a -1.02% move from the previous day. This change lagged the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq added 0.74%. Shares of the uniform maker have appreciated by 7.51% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 4.15%, and the S&P 500's gain of 4.2%. Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. The company is expected to report EPS of $0.05, up 25% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $134.2 million, up 1.86% from the prior-year quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.41 per share and revenue of $559.79 million. These totals would mark changes of -43.84% and -1.04%, respectively, from last year. Investors should also take note of any recent adjustments to analyst estimates for Superior Group. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Superior Group currently has a Zacks Rank of #3 (Hold). Looking at its valuation, Superior Group is holding a Forward P/E ratio of 26.41. This denotes a premium relative to the industry average Forward P/E of 14.28. It is also worth noting that SGC currently has a PEG ratio of 2.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Textile - Apparel was holding an average PEG ratio of 2.03 at yesterday's closing price. The Textile - Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 222, placing it within the bottom 11% of over 250 industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. 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 Superior Group of Companies, Inc. (SGC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
National Post
02-07-2025
- Business
- National Post
Solstice Gold Completes Initial Drill Program and Announces Strategic Claim Acquisition at the Strathy Gold Project in the Temagami Greenstone Belt, Abitibi Subprovince, NE Ontario
Article content – Assay Results Pending – Article content VANCOUVER, British Columbia — Solstice Gold Corp. (TSXV: SGC) (' Solstice ', 'we', 'our' or the ' Company ') is pleased to announce the successful completion of the Spring 2025 drill program at the Strathy Gold Project (the ' Project '), located in the Temagami Greenstone Belt in the prolific Abitibi Subprovince in Ontario. Solstice also announces that we have entered into an agreement with an arms-length party to acquire 17 claims which expand our core Strathy Gold Project holdings by 50% (the ' Agreement '). Article content Spring 2025 Drill Program Article content The Spring 2025 drill campaign was successfully completed on four target areas (Figure 1) for a total of 3,125m across 14 drill holes. At least 50% more sampling than originally planned has extended assay timelines. Assays are pending and will likely be received in July. Land Acquisition Article content Solstice has entered into the Agreement to acquire a 100% interest in a group of 17 contiguous unpatented claims directly adjacent to the core claims of our Strathy Gold Project (the ' Acquisition '). These claims are underlain by the Archean-age Leckie-group metavolcanic assemblage, which is the main host rock for the Project's main targets. Targeting from Solstice's 2024 IP program show high priority targets may extend along strike onto these claims. They also contain OGS gold showings along a large structure parallel to the IP targets. The combined area of these claims will add 373 hectares to our core claim block, increasing its area by 50%. Solstice has also been active in staking at the Strathy Gold Project since the Spring 2025 drill program began. Solstice has acquired 110 hectares of claims at the western side of the Project via staking. These claims are also underlain by an Archean-age metavolcanic assemblage and represent a valuable expansion of our wider land position. Article content Claim Agreement Article content Pursuant to the Agreement, in consideration for the purchase of the 17 unpatented claims pursuant to the Acquisition, Solstice must issue 175,000 common shares to an arms-length seller as soon as practicable following TSX Venture Exchange ('TSXV') approval. The common shares will be subject to a four month hold period. The Acquisition is subject to the approval of the TSXV. No finders fee is payable with respect to the Acquisition. Article content About the Strathy Gold Project Article content The Strathy Gold Project is an extensive 45 km 2 land package in the Archean-age Temagami Greenstone Belt, which is the southernmost extension of the Abitibi Subprovince in Ontario. The Project includes parts of the Net-Vermilion Deformation Zone and the Link Lake Deformation Zone, which are two prominent Northeast-Southwest-trending structures crosscutting Archean metavolcanics. It contains documented, widespread high-grade gold mineralization, hosting historic intercepts of 5.00 g/t Au over 17.28m and 7.66 g/t Au over 7.25m (core lengths) at vertical depths of approximately 50-100 metres below surface 1, and documented surface sample results of up to 62.7 g/t Au 2. Despite this demonstrated prospectivity, the core claims at Strathy have not been systemically explored in the past. Article content A 17.5 line kilometre IP program carried out in November 2024 has detected known mineralization, and in addition to this, the IP results show extensive, better-developed and untested IP anomalies along the North and South extensions of the Leckie Fault. The drill program described above marks be the first time that the core area of the Strathy Gold Project has been systematically drilled. The Strathy Gold Project is located along the Trans Canada Highway, has excellent access to infrastructure and mining expertise. Article content For more detailed information on the Project, including a technical review of the project and a detailed review of IP results and targeting, please visit The Company wishes to point out that, since assays are pending, there is no certainty that observed mineralization will contain elevated gold. Article content References: Article content About Solstice Gold Corp. Article content Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. Our 45 km 2 Strathy Gold Project hosts high grade gold mineralization over a wide area straddling two NE-SW-trending structures. It is located in the Abitibi Subprovince of the Superior Craton and has never been systematically explored in its history. Our Qaiqtuq Gold Project which covers 662 km 2, hosts a 10 km 2 high grade gold boulder field, is fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km from Rankin Inlet and approximately 7 km from the Meliadine Gold Mine owned by Agnico Eagle Mines Limited. Our district-scale Atikokan Gold Project is approximately 26 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited. Our 194 km 2 Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake Camp in Ontario and approximately 45 km from the Red Lake Mine Complex owned by Evolution Mining. An extensive gold and battery metal royalty and property portfolio of over 80 assets was purchased in October 2021. Well over $2.5 million in value and over 20 new royalties have been generated since the acquisition. Article content Solstice is committed to responsible exploration and development in the communities in which we work. For more details on Solstice Gold, our exploration projects and details on our portfolio of projects please see our Corporate Presentation available at Article content Solstice's Chairman, David Adamson, was a co-award winner for the discovery of Battle North Gold Corporation's Bateman Gold deposit and was instrumental in the acquisition of many of the district properties in the Battle North portfolio during his successful 16 years of exploration in the Red Lake. Article content Sandy Barham, Senior Geologist, is the Qualified Person as defined by NI 43-101 standards responsible for reviewing and approving the technical disclosures of this news release. Article content Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Article content Forward-Looking Statements and Additional Cautionary Language Article content This news release contains certain forward-looking statements ('FLS') including, but not limited to the need for more prospecting and analysis, the completion of the Acquisition including issuance of the common shares and TSXV approval, . FLS can often be identified by forward-looking words such as 'approximate or (~)', 'emerging', 'goal', 'plan', 'intent', 'estimate', 'expects', 'potential', 'scheduled', 'may' and 'will' or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. In respect of the FLS, the Company has made certain assumptions that management believes are reasonable at this time. The assumptions include that the Company will have sufficient financial resources for sampling and prospecting this year and that the Acquisition will receive TSXV approval, however, there can be no assurance that such assumptions and statements will prove to be accurate and actual results could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from any FLS include, but are not limited to, limited capital or access to additional capital for prospecting, delays in obtaining or failures to obtain required TSXV, failure to complete the Acquisition, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, regulatory approvals and other factors. FLS are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Article content Potential shareholders and prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the FLS. Shareholders are cautioned not to place undue reliance on FLS. By their nature FLS involve numerous assumptions, inherent risks and uncertainties, both general and specific that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Solstice undertakes no obligation to update publicly or otherwise revise any FLS whether as a result of new information, future events or other such factors which affect this information, except as required by law. Article content Historical Sampling and Drilling Data and Information Article content The sampling and drilling data and information presented in this news release (the 'Historical Exploration Information') is historical in nature. The reader is cautioned that the Historical Exploration Information is based on prior data and reports previously prepared by third parties without the involvement of Solstice. Solstice has not undertaken any independent investigation, nor has it independently analyzed the results of the Historical Exploration Information in order to verify the results. The reader is cautioned not to treat Historical Exploration Information, or any part of it, as current and that a qualified person has not done sufficient work to verify the results and that they may not form a reliable guide to future results. No independent quality assurance/quality control protocols are known for these historic samples and drill holes and therefore the Historical Exploration Information may be unreliable. Solstice considers these historical drill results relevant as the Company will use this data as a guide to plan future exploration and drilling programs. Solstice considers the data to be reliable for these purposes, however, the Company's future exploration work will include verification of the data through drilling. Article content Article content Article content Article content On Behalf of Solstice Gold Corp. Article content Article content Article content Article content
Iraqi News
26-06-2025
- Business
- Iraqi News
US Excelerate Energy seeks to equip Iraq with LNG import station
A senior Iraqi official told Bloomberg that US-based Excelerate Energy is one of the bidders in a tender to set up a floating liquefied natural gas (LNG) import station in southern Iraq. The acting director of Iraq's South Gas Company (SGC), Ali Salman, told Bloomberg that the Iraqi government, which seeks to reduce its reliance on Iranian gas to generate electricity, is in advanced negotiations with the US firm for an LNG import terminal at the Khor Al-Zubair port near Basra. Iraq has always relied on Iran for natural gas and energy supplies. Despite being a large oil producer, Iraq has historically seen high volumes of associated gas flared rather than captured. Iraq frequently experiences frequent outages during the summer months, when electricity consumption is the highest, due to Iran's unpredictable and inadequate gas and power supplies. In February, SGC's director Hamza Abdel-Baqi stated that Iraq will award a contract for the construction of a gas platform and pipelines that connect the facility with onshore pipelines to facilitate the delivery of gas to power plants in southern Iraq. To satisfy the demands of the country's power plants, the Iraqi government is constantly working to get gas supplies from countries other than Iran, in addition to its ongoing efforts to become self-sufficient in gas. Last October, the Iraqi Ministry of Electricity and Turkmenistan reached an agreement to provide Iraq with up to 20 million cubic meters of gas each day. As previously stated by Iraq's Electricity Minister Ziyad Ali Fadel, the arrangement will assist in guaranteeing that Iraq's gas-fired power plants receive the necessary fuel.
