Latest news with #U.S.GlobalInvestors
Yahoo
21-05-2025
- Business
- Yahoo
U.S. Global Investors Lists Its GoGold ETF, Ticker GOAU, on the Colombia Securities Exchange Amid Growing Demand for Gold Exposure
San Antonio, TX, May 21, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the 'Company'), a boutique investment firm specializing in precious metals and emerging markets, is pleased to announce that its gold-focused ETF, the U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU), is now trading on the Bolsa de Valores de Colombia (BVC), the Colombian Securities Exchange. With this new listing, Colombian investors will gain access to the GoGold ETF, which offers exposure to companies engaged in the production of gold and other precious metals, either through active mining or passive royalty and streaming agreements. GOAU is already listed in New York, Mexico and Peru. Its addition to the BVC—part of the Nuam market, which links stock exchanges in Colombia, Chile and Peru—further extends its presence and visibility across Latin America. Frank Holmes, the Company's CEO and Chief Investment Officer, emphasizes the timeliness of this expansion: 'The GoGold ETF's listing on the BVC reflects Colombia's increasingly sophisticated capital markets and growing appetite for diversified, international investment options. With gold making headlines amid economic uncertainty and geopolitical instability, we believe this is an ideal moment to bring GOAU to Colombia. The smart beta 2.0 ETF provides exposure to royalty and streaming companies, which we consider to be the 'smart money' of the gold and precious metals industry for their history of strong performance and prudent capital allocation.' As of May 2025, only two gold-related ETFs are listed on the BVC—a physical gold ETF and a gold equity UCITS ETF. A UCITS ETF is one that adheres to the Undertakings for Collective Investment in Transferable Securities (UCITS) regulations in the European Union. GOAU, therefore, is the only BVC-listed, non-UCITS ETF that provides investors with access to companies involved in mining gold and precious metals. GOAU is the Company's second ETF to launch in Colombia, following the U.S. Global Jets ETF (NYSE: JETS), which listed there in August 2024. Why GOAU? The GoGold ETF uses a smart-factor, rules-based investment strategy that combines the efficiency of passive investing with the selectivity of active management. The fund tracks the U.S. Global GO GOLD and Precious Metal Miners Index (GOAUX), which screens companies based on fundamentals such as valuation, profitability and balance sheet quality. Unlike traditional gold mining funds that tend to concentrate on large-cap producers, GOAU focuses on high-quality, well-managed companies with consistent profitability. The GoGold ETF places special emphasis on North American royalty and streaming companies, which provide upfront capital to miners in exchange for a share of future production, while avoiding the heavy costs and risks of operating mines directly. A number of these firms, including Franco-Nevada, Wheaton Precious Metals, Royal Gold and Sandstorm Gold, have direct asset exposure to the Colombia market. To learn more about the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), view the English fact sheet and Spanish fact sheet. To sign up for news and research on a variety of asset classes, from gold to airlines to digital assets, please click here. Follow U.S. Global Investors on X by clicking here. Subscribe to U.S. Global Investors' YouTube channel by clicking here. About U.S. Global Investors, Inc. The story of U.S. Global Investors goes back more than 50 years when it began as an investment club. Today, U.S. Global Investors, Inc. ( is a registered investment adviser that focuses on niche markets around the world. Headquartered in San Antonio, Texas, the Company provides money management and other services to U.S. Global Investors Funds and U.S. Global ETFs. ### Please carefully consider a fund's investment objectives, risks, charges, and expenses. Obtain a statutory and summary prospectus for GOAU for this and other important information here. Read it carefully before investing. Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns. Because the funds concentrate their investments in specific industries, the funds may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries. The funds are non-diversified, meaning they may concentrate more of their assets in a smaller number of issuers than diversified funds. The funds invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. The funds may invest in the securities of smaller-capitalization companies, which may be more volatile than funds that invest in larger, more established companies. The performance of the funds may diverge from that of the index. Because the funds may employ a representative sampling strategy and may also invest in securities that are not included in the index, the funds may experience tracking error to a greater extent than funds that seek to replicate an index. The funds are not actively managed and may be affected by a general decline in market segments related to the index. Gold, precious metals, and precious minerals funds may be susceptible to adverse economic, political, or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals, and precious minerals are subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than 5% to 10% of your portfolio in these sectors. Airline Companies may be adversely affected by a downturn in economic conditions that can result in decreased demand for air travel and may also be significantly affected by changes in fuel prices, labor relations and insurance costs. The U.S. Global GO GOLD and Precious Metal Miners Index uses a robust, dynamic, rules-based smart-factor model to select precious minerals companies that earn over 50% of their aggregate revenue from precious minerals through active (mining or production) or passive (royalties or streams) means. The index uses fundamental screens to identify companies with favorable valuation, profitability, quality and operating efficiency. The index consists of 28 common stocks or related ADRs. Fund holdings and allocations are subject to change at any time. Click here to view fund holdings for GOAU. Smart beta 2.0 refers to a type of exchange-traded fund (ETF) that uses a rules-based system for selecting investments to be included in the fund portfolio. Distributed by Quasar Distributors, LLC. U.S. Global Investors is the investment adviser to GOAU. CONTACT: Holly Schoenfeldt U.S. Global Investors, Inc. 210.308.1268 hschoenfeldt@ in to access your portfolio
Business Recorder
09-05-2025
- Business
- Business Recorder
Wall St range-bound as caution sets in ahead of US-China talks
Wall Street's main indexes seesawed on Friday, as investors parsed President Donald Trump's latest comments on U.S.-China tariffs ahead of a weekend of trade talks between the two superpowers. Trump said Beijing should open its market to the United States and that 80% tariffs on Chinese goods 'seems right.' The levies are currently at 145%. Representatives from U.S. and China are scheduled to meet in Switzerland over the weekend to discuss tariffs, with investors hoping the talks will salve a bruising trade war that has raised concerns over global economic growth and left markets, companies and the Federal Reserve in wait-and-watch mode. 'The tariff, whether it's 140% or 80%, the number sounds like a difference, but if there's still a tariff of 80%, most people are not going to buy stuff,' said Michael Matousek, head trader at U.S. Global Investors. Investors are likely de-risking their portfolios ahead of the meeting as it's unclear how long the trade talks could stretch on before any major outcome, Matousek added. On Thursday, Wall Street's main indexes closed higher as investors cheered a trade deal struck between Britain and the U.S. - the first of its kind since Trump paused his initial tariffs last month. Reuters reported India had offered to slash its tariff gap with the U.S. to less than 4% from nearly 13% now, in exchange for an exemption from Trump's tariffs, according to sources. Wall St rises after US-Britain trade deal At 11:21 a.m. ET, the Dow Jones Industrial Average fell 127.16 points, or 0.31%, to 41,241.29, the S&P 500 lost 5.14 points, or 0.09%, to 5,658.80 and the Nasdaq Composite lost 2.84 points, or 0.02%, to 17,925.30. Energy, up 0.8%, led gains among the 11 S&P 500 sectors. Funds tracking consumer discretionary stocks outperformed in the week ended Wednesday, while financials were hit the most, according to data compiled by LSEG. Most megacap and growth stocks were lower on the day, but Tesla outperformed with a 5.6% rise. All three indexes are set for marginal declines this week, but are hovering near levels seen in late March, having recouped all the losses incurred in the aftermath of Trump's 'Liberation day' tariff announcement last month. Days after the Federal Reserve left interest rates unchanged, Fed policymakers pointed to increasing economic risks from Trump's tariffs, echoing comments from Chair Jerome Powell at the meeting earlier this week. With the peak of the earnings season behind, about 76% of S&P 500 companies have surpassed profit expectations. But many have withdrawn their annual forecasts citing an uncertain trade environment. Expedia slipped 7.7% after the online travel platform missed quarterly revenue estimates. Trade Desk shares jumped about 22% after the ad firm posted first-quarter revenue and profit above Wall Street estimates. Insulin delivery device maker Insulet jumped 18.5% after beating estimates for first-quarter profit on Thursday Advancing issues outnumbered decliners by a 1.54-to-1 ratio on the NYSE and by a 1.01-to-1 ratio on the Nasdaq. The S&P 500 posted 3 new 52-week highs and one new low while the Nasdaq Composite recorded 39 new highs and 58 new lows.
Yahoo
02-04-2025
- Business
- Yahoo
U.S. Global Investors (NASDAQ:GROW) Is Due To Pay A Dividend Of $0.0075
The board of U.S. Global Investors, Inc. (NASDAQ:GROW) has announced that it will pay a dividend of $0.0075 per share on the 28th of April. This makes the dividend yield 4.0%, which will augment investor returns quite nicely. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Before this announcement, U.S. Global Investors was paying out 244% of what it was earning, and not generating any free cash flows either. Paying out such a large dividend compared to earnings while also not generating free cash flows is a major warning sign for the sustainability of the dividend as these levels are certainly a bit high. If the company can't turn things around, EPS could fall by 19.8% over the next year. Assuming the dividend continues along recent trends, we believe the payout ratio could reach 319%, which could put the dividend under pressure if earnings don't start to improve. See our latest analysis for U.S. Global Investors The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was $0.06, compared to the most recent full-year payment of $0.09. This works out to be a compound annual growth rate (CAGR) of approximately 4.1% a year over that time. It's encouraging to see some dividend growth, but the dividend has been cut at least once, and the size of the cut would eliminate most of the growth anyway, which makes this less attractive as an income investment. Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Earnings per share has been sinking by 20% over the last five years. A sharp decline in earnings per share is not great from from a dividend perspective. Even conservative payout ratios can come under pressure if earnings fall far enough. Overall, while some might be pleased that the dividend wasn't cut, we think this may help U.S. Global Investors make more consistent payments in the future. The company seems to be stretching itself a bit to make such big payments, but it doesn't appear they can be consistent over time. Overall, this doesn't get us very excited from an income standpoint. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've identified 3 warning signs for U.S. Global Investors (1 can't be ignored!) that you should be aware of before investing. Is U.S. Global Investors not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
Yahoo
12-02-2025
- Business
- Yahoo
U.S. Global Investors Reports Results for the Second Quarter of 2025 Fiscal Year
SAN ANTONIO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the 'Company'), a registered investment advisory firm1 with longstanding experience in global markets and specialized sectors, today reported operating revenues of $2.2 million, with a net loss of $86,000, or a loss of $0.01 per share, for the quarter ended December 31, 2024. Losses were reflective of market fluctuations and lower assets. At December 31, 2024, total assets under management (AUM) were approximately $1.5 billion, compared to $2.1 billion at December 31, 2023, a decrease of approximately $0.6 billion. The shareholder yield as of December 31, 2024, was 10%, more than double the yield on the 10-year Treasury bond on the last trading day of 2024.2 A Smart Beta 2.0 Approach to Investing in Global Security and Advanced Technology At the end of 2024, the Company released its fourth thematic ETF, the U.S. Global Technology and Aerospace & Defense ETF (NYSE: WAR). Launched on December 30, 2024, WAR is the Company's first actively managed ETF, giving investors access to companies involved in not just traditional defense manufacturing but also electronic warfare, semiconductors, cybersecurity and data centers. Like the Company's other ETFs, WAR uses a Smart Beta 2.0 strategy, meaning portfolio construction is factor- and rules-based. 'WAR is all about defense, protection and security,' says Frank Holmes, the Company's CEO and chief investment officer. 'In today's technologically advanced world, artificial intelligence (AI) and data centers are as crucial to protecting borders and defending against bad actors across the globe as mechanization was at the turn of the last century. Precedence Research estimates that global spending on AI in the aerospace and defense will expand from approximately $28 billion in 2025 to around $65 billion by 2034, representing a compound annual growth rate (CAGR) of just under 10%.'3 Global military expenditures reached a record $2.4 trillion in 2023 after increasing for nine consecutive years,4 driven by rising geopolitical tensions and modernization efforts across the globe. That's especially true in Europe, where European Union (EU) member states are estimated to have spent a collective €326 billion ($342 billion) in 2024 on aerospace and defense, representing a record-breaking 1.9% of the bloc's gross domestic product (GDP).5Gold Demand at New All-Time High The Company is pleased to share that total global gold demand hit a new record high in 2024, according to a report by the World Gold Council (WGC). Demand rose 1% year-over-year in the fourth quarter of 2024, pushing the total annual sum to 4,974 metric tons. Central banks contributed an outsized role to the buying spree, with combined purchases of the yellow metal exceeding 1,000 tons for the third straight year. This helped gold notch 40 new record high prices in 2024, according to the WGC.6 What's more, the price of gold finished January 2025 at another all-time high in every major currency, including the U.S. dollar, euro, Japanese yen and British pound sterling.7 'It appears that investors are seeking a safe haven to some of the uncertainties in global markets and the economy right now—most notably the potential for a broad-based trade war. Tariffs are inflationary, and gold has historically done well when inflation fears were elevated,' says Mr. Holmes. 'Against this backdrop, we're very happy with how well our U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU) performed in the fourth quarter of 2024 and in the entire calendar year. With tariff concerns persisting into the unforeseeable future, we have high hopes that GOAU will continue to spark interest from investors.' Creating Shareholder Value Through Dividends and Share Repurchases The Company's Board of Directors (the 'Board') approved payment of the $0.0075 per share per month dividend beginning in January 2025 and continuing through March 2025. The remaining payment dates will be February 24 and March 31 for record dates of February 10 and March 17. In calendar year 2024, the Company repurchased 807,761 of its own shares, at a net cost of $2.1 million. That represents an approximately 19% increase over the number of shares that were repurchased the previous year.'U.S. Global Investors is committed to creating shareholder value by maintaining a disciplined capital allocation strategy,' says Mr. Holmes. 'The Board's approval of continued monthly dividends, combined with our increased share buybacks, underscores our confidence in the Company's long-term growth and financial strength.' Healthy Liquidity and Capital Resources As of December 31, 2024, the Company had net working capital of approximately $38.0 million. With approximately $26.0 million in cash and cash equivalents, the Company has adequate liquidity to meet its current obligations, in addition to investments in our funds and convertible notes. Tune In to the Earnings Webcast The Company has scheduled a webcast for 7:30 a.m. Central time on Thursday, February 13, 2025, to discuss the Company's key financial results for the quarter. Frank Holmes will be accompanied on the webcast by Lisa Callicotte, chief financial officer, and Holly Schoenfeldt, marketing and public relations manager. Click here to register for the earnings webcast or visit for more information. Selected Financial Data (unaudited): (dollars in thousands, except per share data) Three months ended 12/31/2024 12/31/2023 Operating Revenues $ 2,231 $ 2,818 Operating Expenses 2,770 2,626 Operating Income (Loss) (539 ) 192 Total Other Income (Loss) 423 1,473 Income (Loss) Before Income Taxes (116 ) 1,665 Income Tax Expense (Benefit) (30 ) 436 Net Income (Loss) $ (86 ) $ 1,229 Net Income (Loss) Per Share (Basic and Diluted) $ (0.01 ) $ 0.09 Avg. Common Shares Outstanding (Basic) 13,497,961 14,291,328 Avg. Common Shares Outstanding (Diluted) 13,498,306 14,291,396 Avg. Assets Under Management (Billions) $ 1.5 $ 1.9 About U.S. Global Investors, Inc. The story of U.S. Global Investors goes back more than 50 years when it began as an investment club. Today, U.S. Global Investors, Inc. ( is a registered investment adviser that focuses on niche markets around the world. Headquartered in San Antonio, Texas, the Company provides investment management and other services to U.S. Global Investors Funds and U.S. Global ETFs. Forward-Looking Statements and Disclosure This news release and other statements by U.S. Global Investors may include certain 'forward-looking statements,' including statements relating to revenues, expenses and expectations regarding market conditions. You can identify these forward-looking statements by the use of words such as 'outlook,' 'believes,' 'expects,' 'potential,' 'opportunity,' 'seeks,' 'anticipates' or other comparable words. Such statements involve certain risks and uncertainties and should be read with corporate filings and other important information on the Company's website, or the Securities and Exchange Commission's website at These filings, such as the Company's annual report and Form 10-Q, should be read in conjunction with the other cautionary statements that are included in this release. Future events could differ materially from those anticipated in such statements and there can be no assurance that such statements will prove accurate and actual results may vary. The Company undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise. Please carefully consider a fund's investment objectives, risks, charges and expenses. For this and other important information, obtain a statutory and summary prospectus for WAR and GOAU by clicking here and here. Read it carefully before investing. Foreside Fund Services, LLC, Distributor. U.S. Global Investors is the investment adviser. GOAU and WAR are distributed by Quasar Distributors, LLC. U.S. Global Investors is the investment adviser to GOAU and WAR. Foreside Fund Services, LLC and Quasar Distributors, LLC are affiliated. Investing involves risk including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the fund. Brokerage commissions will reduce returns. Because the fund concentrates its investments in specific industries, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries. The fund is non-diversified, meaning it may concentrate more of its assets in a smaller number of issuers than a diversified fund. The fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. The fund may invest in the securities of smaller-capitalization companies, which may be more volatile than funds that invest in larger, more established companies. Gold, precious metals, and precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals, and precious minerals are subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than 5% to 10% of your portfolio in these sectors. WAR is actively-managed and there is no guarantee the investment objective will be met. The fund is new and has a limited operating history to evaluate. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. WAR's concentration in the securities of a particular industry namely Aerospace and Defense, Cybersecurity and Semi-conductor industries as well as geographic concentration may cause it to be more susceptible to greater fluctuations in share price and volatility due to adverse events that affect the Fund's investments. Aerospace and Defense companies are subject to numerous risks, including fierce competition, adverse political, economic and governmental developments, substantial research and development costs. Aerospace and defense companies rely heavily on the U.S. Government, political support and demand for their products and services. Companies in the cybersecurity field face intense competition, both domestically and internationally, which may have an adverse effect on profit margins. The products of cybersecurity companies may face obsolescence due to rapid technological development. Companies in the cybersecurity field are heavily dependent on patent and intellectual property rights. Competitive pressures may have a significant effect on the financial condition of semiconductor companies and may become increasingly subject to aggressive pricing, which hampers profitability. Semiconductor companies typically face high capital costs and can be highly cyclical, which may cause the operating results to vary significantly. The stock prices of companies in the semiconductor sector have been and likely will continue to be extremely volatile. Investments in the securities of non-U.S. issuers may subject the Fund to more volatility and less liquidity due to currency fluctuations, political instability, economic and geographic events. Emerging markets may pose additional risks and be more volatile due to less information, limited government oversight and lack of uniform standards. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. Distributed by Quasar Distributors, LLC. U.S. Global Investors is the investment adviser to JETS and WAR. Contact:Holly SchoenfeldtDirector of Marketing 210.308.1268hschoenfeldt@ ____________________1 Registration does not imply a certain level of skill or training.2 The Company calculates shareholder yield by adding the percentage of change in shares outstanding to the dividend yield for the 12 months ending December 31, 2024. The Company did not have debt; therefore, no debt reduction was included.3 Precedence Research. (2024, November 13). AI in aerospace and defense market size, share and trends 2024 to 2034. Precedence Research. Tian, N., Lopes da Silva, D., Liang, X., & Scarazzato, L. (2024, April). Trends in world military expenditure, 2023. Stockholm International Peace Research Institute (SIPRI). European Defence Agency. (2024). Coordinated annual review on defence (CARD) report 2024. World Gold Council. (2025, February 5). Gold demand trends: Full year 2024. World Gold Council. World Gold Council. (2025, February 10). Gold market commentary: Snakes and ladders. World Gold Council. Photos accompanying this announcement are available at in to access your portfolio
