Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) delivered a very strong quarter, according to analysts at Jefferies who raised their price target on the stock citing beats across production, earnings and free cash flow.
The analysts raised their price target to $73 from $68, implying upside of 19% from current levels.
Wedbush is bullish on Roblox Corp (NYSE:RBLX), calling it the most exciting growth stock in the video game world right now.
Why? A run of hit games has sent player numbers through the roof, and the company is only just getting started with turning all those users into revenue.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) is about to make a strategic shift in its business model and position itself as a revenue-generating royalty firm, according to analysts at Fundamental Research Corp.
Production began earlier this year at the Mariana lithium project, owned by China’s Ganfeng Lithium, with TNR set to begin receiving royalty payments as early as the fourth quarter of 2025.
Wedbush calls Microsoft Corp (NASDAQ:MSFT) the “Scottie Scheffler of software”: steady, world-class, and at the top of its game.
The investment bank expects more good news when the Silicon Valley updates investors next week, driven by the company’s front-runner status in artificial intelligence (AI).
Helix Exploration PLC (AIM:HEX, OTCQB:HHEXF) has delivered some encouraging news from its Inez-1 well at the Rudyard field in Montana.
The company has drilled and tested the well, finding around 140 feet of good-quality rock that shows clear signs of gas, what the team calls a “gas effect”, in two important layers known as the Souris and Red River formations.