Latest news for Pasofino Gold (OTC:EFRGF) Stock

Pasofino Gold Ltd is a Canada-based gold exploration company. It is engaged in the business of acquisition, exploration, and development of mineral properties located in Quebec, Canada. The company's projects consist of the Dugbe Gold Project in Liberia.

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Commodities

Markets

ENFORCER GOLD CORP ORD by Enforcer Gold Corp.

EFRGF

TSXV:V

What Makes Liberia Ideal For Gold Mining?

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How Pasofino Gold Is Leveraging Gold Potential In Mining-Friendly Liberia Through Its Scalable Project

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News

Pasofino Gold Enters Into Exclusive Agreement For $75 Million Cash Acquisition Offer

Pasofino Gold Ltd

AST SpaceMobile Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) shares are falling in Wednesday&#8217;s after-hours session after the space-based cellular broadband network company announced a <a href="https://www.benzinga.com/pressreleases/25/01/b43145116/ast-spacemobile-announces-proposed-private-offering-of-400-0-million-of-convertible-senior-notes-d">proposed private offering</a>.
What Happened: After the market close on Wednesday, AST SpaceMobile announced plans to offer $400 million worth of convertible senior notes due 2032 in a private offering to institutional investors. 
The company said it also intends to grant the initial purchasers a 13-day period to purchase up to an additional $60 million of the notes. 
AST SpaceMobile plans to use a portion of the net proceeds to pay the cost of capped call transactions. The remaining proceeds will be used for working capital and other general corporate purposes. 
AST SpaceMobile last reported <a href="https://www.benzinga.com/general/space/24/11/41994523/ast-spacemobile-misses-q3-earnings-expectations-announces-new-launch-service-agreements">earnings</a> in November, ending the period with $518.9 million in cash, cash equivalents and restricted cash.
AST Price Action: AST SpaceMobile shares were down 13.74% in after-hours, trading at $19.41 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next:
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<li><a href="https://www.benzinga.com/government/regulations/25/01/43144858/sp-500-hits-fresh-records-at-6100-as-strong-earnings-trumps-ai-wager-fuel-bull-run">S&amp;P 500 Hits Fresh Records At 6,100: Strong Earnings, Trump&#8217;s AI Wager Fuel Bull Run</a></li>
</ul>
Photo: Courtesy of AST SpaceMobile.

SPACE

Offerings

After-Hours Center

Movers

ASTS

AST SpaceMobile Stock Is Tumbling Wednesday: What's Going On?

CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) has outperformed the market over the past 5 years by 31.79% on an annualized basis producing an average annual return of 44.95%. Currently, CrowdStrike Holdings has a market capitalization of $93.11 billion. 
Buying $1000 In CRWD: If an investor had bought $1000 of CRWD stock 5 years ago, it would be worth $6,510.16 today based on a price of $378.00 for CRWD at the time of writing.
<h3>CrowdStrike Holdings's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737586813_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

CRWD

$1000 Invested In CrowdStrike Holdings 5 Years Ago Would Be Worth This Much Today

UBS analyst John Hodulik maintains Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) with a Buy and raises the price target from $1040 to $1150.

Price Target

Analyst Ratings

NFLX

UBS Maintains Buy on Netflix, Raises Price Target to $1150

KULR Technology Group Inc. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/KULR#AMEX">KULR</a>) shares are trading higher on Wednesday after announcing a groundbreaking <a href="https://www.benzinga.com//node/43126655">pyrolytic carbon electrode</a> developed in collaboration with Scripps Research Institute&#8217;s Baran Lab.
The Details: The electrode is key for the synthetic organic electrochemistry field, a sector integral to the production of pharmaceuticals. Compared to traditional carbon materials, KULR described the electrode as more cost-effective, durable and reusable. 
&#8220;KULR&#8217;s expertise in carbon materials, combined with the innovative vision of Scripps Research&#8217;s Baran Lab, has resulted in a truly transformative material for synthetic chemistry,&#8221; said Michael Mo, CEO of KULR Technology. 
&#8220;We are excited to bring this technology to market, where it has the potential to redefine how we approach large-scale chemical synthesis.&#8221;
<h1 class="wp-block-heading">How To Buy KULR Technology Stock</h1>
By now you're likely curious about how to participate in the market for KULR Technology — be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share. For example, some stock, such as Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
In the the case of KULR Technology, which was trading at $2.65 at some point on Wednesday, $100 would buy 37.74 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading — either way it allows you to profit off of the share price decline.
KULR Price Action: KULR stock closed Wednesday up 6.89% at $2.56, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
See Also: • <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43141388/people-buy-bitcoin-as-prayer-for-a-better-tomorrow-cnn-pundit-van-jones-says-as-former-harris-aide-slams-trump-as-grifter-in-chief">People Buy Bitcoin As &#8216;Prayer For A Better Tomorrow, CNN Pundit Van Jones Says As Former Harris Aide Slams Trump As &#8216;Grifter In Chief&#8217;</a>
Photo: Gorodenkoff via Shutterstock

Biotech

Health Care

KULR

What's Going On With KULR Technology Shares Wednesday?

Welcome, my friends, to what I am calling the Age of Uncertainty. This little catchphrase is going to be sticking around for at least the next four years. As I write this, Donald Trump has just taken office.
It's the first week of his Presidency and the start of his administration is just about what we expected with a few surprises thrown in for good measure: new takes on energy, trade, immigration, and much more.
Let us dive into what is happening and what it all means for your money.
<h2 class="wp-block-heading">Trump&#8217;s Opening Moves</h2>
Contrary to the predictions of many in the financial world, Trump came out of the gate a bit softer on China. No immediate tariffs or trade wars, just an announcement that the United States trade policy will be reviewed and some suggestion and indication of what is coming down the pike.
Trump has touched on familiar themes such as immigration and border security. One hot button issue was his executive order aimed at ending birthright citizenship. While the abuse of this system is real (indeed, even wealthy families use it to get dual citizenship for their kids), this fight will undoubtedly end up in the courts. Changing a constitutional clause is not exactly a walk in the park. But hey, I am sure Trump has got it all figured out.
On the border, his halt on catch and release policies is likely to boost business for companies such as GEO Group. They own jails on the United States Mexico border, and with Trump&#8217;s border policies in play, it is looking good for them.
<h2 class="wp-block-heading">Energy and Trade</h2>
Trump&#8217;s &#8220;drill, baby, drill&#8221; stance is music to the ears of those invested in oil and gas infrastructure. With plans to explore and produce energy on federal lands and waters, kill offshore wind leases, and remove restrictions on drilling in Alaska, the energy sector is poised for growth. We own energy royalties and non-operator ownership interests in oil wells, and every uptick in production is a win for us. Trump also promised a sweeping trade overhaul, with reviews of agreements with China, Canada, and Mexico. The potential for tariffs on our neighbors could shake things up, but it is all still uncertain.
<h2 class="wp-block-heading">Inflation, Debt, and the Economy</h2>
Let us address the elephant in the room: inflation.
It is still here, it is sticky, and it is not going anywhere soon. Sure, we have seen it drop from over 9% to around 3%, but do not expect a rollback on prices anytime soon. Food and energy costs remain stable for now, but any disruption could quickly change that.
As for government spending, we are on a never-ending roller coaster. Infrastructure, energy, semiconductors, and rehoming critical industries all require and you guessed it and government spending. Debt levels are troubling, but the United States can still sell its bonds easily, so a debt crisis is not imminent. Consumers and corporations, meanwhile, are in pretty good shape. Debt to service ratios and balance sheets look strong, which is good news as we enter this new administration.
[Our tools and insights highlight stocks set to move and pinpoint the biggest earnings catalysts. Get actionable alerts the moment earnings break – so you can act first. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?utm_source=WebRD-0123&amp;el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}">Get My Alerts.</a>]
<h2 class="wp-block-heading">Why Asset Based Value Investing Works</h2>
In an environment like this, asset-based value investing shines. Here is why: when you invest in assets with intrinsic value, you are anchoring your portfolio to something tangible. Whether it is real estate, energy infrastructure, or even royalty streams, these investments are backed by physical or financial assets that generate real cash flow. This approach reduces reliance on market sentiment and speculative price movements.
For individual investors, this means you are not just betting on a hot stock or the latest trend. You are buying into assets where you can evaluate the downside risk with clarity. In uncertain times, this focus on tangible value and cash flow provides a much-needed margin of safety. Best of all, asset-based investments often come with the added bonus of inflation protection. Real assets such as property and energy infrastructure tend to appreciate over time, especially when inflation rears its head.
By prioritizing assets that are undervalued relative to their net asset value, you are setting yourself up for long term success. It is not flashy, but it works and it has worked for decades. In the Age of Uncertainty, asset-based value investing is a strategy that does not just survive; it thrives.
<h2 class="wp-block-heading">Why Buying Below Book Value is a Winning Strategy</h2>
Let us talk numbers. Historical data shows that buying stocks below book value often leads to extraordinary returns. Take a look at the annual returns for undervalued stocks. In years where investors focused on buying below book value, returns like 98.94% in 2003 and 95.19% in 2004 were achieved. Even in less spectacular years, returns consistently outperformed broader market indices.
Why does this work? Because buying below book value means you are acquiring assets at a discount. It is like buying a dollar for fifty cents. When market conditions normalize or improve, these undervalued stocks have the potential to surge, as their intrinsic value becomes recognized. This strategy aligns perfectly with asset-based value investing, where the focus is on tangible assets and strong fundamentals.
In volatile times, this approach gives investors a margin of safety. You are not just speculating on growth; you are investing in real, measurable value. And as history shows, the payoff can be remarkable. So, whether it is real estate, energy infrastructure, or beaten down stocks trading below book value, the principle remains the same: buy quality assets at a discount and watch them appreciate.
<h2 class="wp-block-heading">Using a Deep Value Approach to Real Estate Investing</h2>
Let us take a closer look at why a deep value approach to real estate investing is a game changer. The idea is simple but powerful: buy properties or real estate investment trusts (REITs) at prices well below their intrinsic or net asset value (NAV). This strategy works particularly well during times of market dislocation or uncertainty, when fear and volatility create opportunities to scoop up high quality assets at bargain prices.
By focusing on deep value, you are not just buying properties; you are buying into cash flow streams and tangible assets that are often mispriced by the market. For instance, Class A office properties or medical office buildings might be trading at discounts due to temporary concerns. However, their long-term fundamentals, such as high occupancy rates and reliable tenants, remain intact. By purchasing these properties below NAV, you set yourself up for both strong cash flow and significant capital appreciation as the market recovers.
This approach also aligns with the concept of a margin of safety. When you buy below NAV, you are essentially building in a cushion against potential risks or market downturns. Even if the broader real estate market faces headwinds, your investments are better positioned to weather the storm and deliver returns. And let us not forget: inflation is a friend to real estate. As the cost of goods and services rises, so do rents and property values, further enhancing the appeal of deeply discounted real estate assets.
<h2 class="wp-block-heading">Why Real Estate?</h2>
Publicly traded real estate has outperformed almost every other asset class over the long term. REITs have delivered stellar returns since the 1970s, even beating private equity (unless you have got millions to invest in those exclusive funds). Wall Street will not tell you this because there is no money in it for them. But I am here to tell you: buying high quality real estate at attractive prices is one of the smartest moves you can make.
<h2 class="wp-block-heading">Final Thoughts</h2>
This Age of Uncertainty is going to be a wild ride. Trump&#8217;s policies could bring great opportunities or unforeseen challenges. What we do know is that investing in high quality real estate with strong cash flows and rock-solid financials is a strategy that works. It has weathered inflation, market crashes, and bad government policies before, and it will continue to do so.
If you are ready to grow your wealth or secure steady income, consider adding the Total Return or Income portfolios to your strategy. As always, we will be here, watching, monitoring, and most importantly, collecting cash.
<a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?utm_source=WebRD-0123&amp;el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}">Get Pro-Level Earnings Insights Before the Market Moves</a>
Image via Cagkan Sayin on Shutterstock

Opinion

Your Investing Playbook for the Next Four Years

Cigna (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>) has outperformed the market over the past 20 years by 4.12% on an annualized basis producing an average annual return of 12.64%. Currently, Cigna has a market capitalization of $80.40 billion. 
Buying $1000 In CI: If an investor had bought $1000 of CI stock 20 years ago, it would be worth $11,032.06 today based on a price of $289.04 for CI at the time of writing.
<h3>Cigna's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737585918_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Cigna Stock In The Last 20 Years

Citigroup analyst Asiya Merchant maintains TE Connectivity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEL#NYSE">TEL</a>) with a Neutral and raises the price target from $160 to $165.

Citigroup Maintains Neutral on TE Connectivity, Raises Price Target to $165

He will remain an employee of the Company to provide transition support and fulfill additional responsibilities until the end of March.
&nbsp;
 &nbsp;

Management

MSFT

Christopher Young Informs Microsoft Of His Decision To Resign; He Will Cease To Serve As Executive Vice President, Business Development, Strategy, And Ventures, Effective Immediately - Filing

Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) has outperformed the market over the past 20 years by 3.62% on an annualized basis producing an average annual return of 12.14%. Currently, Arthur J. Gallagher has a market capitalization of $73.32 billion. 
Buying $100 In AJG: If an investor had bought $100 of AJG stock 20 years ago, it would be worth $998.30 today based on a price of $293.50 for AJG at the time of writing.
<h3>Arthur J. Gallagher's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737585104_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Arthur J. Gallagher Stock In The Last 20 Years

Guidance

Alaska Air Group Expects Q1 Adj EPS Of $(0.70) - $(0.50), Est $(0.70); Sees FY25 Adjusted EPS Of >$5.75 (Est $5.90)

Shares of electric vehicle (EV) stocks, including Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) and Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), are trading lower amid continued weakness following<a href="https://www.benzinga.com/trading-ideas/movers/25/01/43113872/rivian-lucid-shares-are-falling-today-whats-going-on"> significant policy changes announced</a> by President Donald Trump.
What To Know: The policy shifts involve revoking a 2021 executive order issued by former President Joe Biden, which set a non-binding target for 50% of new vehicles sold in the U.S. to be electric by 2030. 
Trump&#8217;s executive order not only eliminates this target but also freezes unspent funds from a $5 billion EV charging infrastructure program. Additionally, the administration plans to reassess emissions regulations requiring automakers to sell between 30% and 56% electric vehicles by 2032 to meet federal standards.
The new policies also raise the possibility of repealing the $7,500 federal tax credit for EV purchases. Furthermore, Trump has expressed intentions to challenge California's waiver, which mandates zero-emission vehicles by 2035 and has been adopted by 11 other states. This could add further uncertainty for EV manufacturers that rely on these mandates to drive adoption.
For Rivian, known for its electric trucks, SUVs and delivery vans, the potential repeal of tax credits and reduced funding for EV infrastructure could dampen demand for its premium-priced vehicles. Lucid, another emerging player in the EV market, faces similar challenges as it contends with reduced government incentives and infrastructure support, critical factors for its growth.
RIVN, LCID Price Actions: Rivian shares were down 4.51% at $12.69 and Lucid shares were down 6.64% at $2.67 at market close Wednesday, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2" target="_blank" rel="noreferrer noopener">Benzinga Pro.</a>
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/25/01/43141048/whats-going-on-with-freeport-mcmoran-fcx-stock-ahead-of-q4-earnings-report">What&#8217;s Going On With Freeport-McMoRan (FCX) Stock Ahead Of Q4 Earnings Report?</a></li>
</ul>
Photos: Shutterstock

Government

LCID

RIVN

EV Stocks Are Falling Today: What's Going On?

Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) reported quarterly earnings of $0.97 per share which beat the analyst consensus estimate of $0.44 by 120.45 percent. This is a 223.33 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $3.53 billion which beat the analyst consensus estimate of $3.43 billion by 2.92 percent. This is a 38.43 percent increase over sales of $2.55 billion the same period last year.

Earnings

Earnings Beats

Alaska Air Gr Q4 2024 Adj EPS $0.97 Beats $0.44 Estimate, Sales $3.53B Beat $3.43B Estimate

S&amp;P 500 constituent Apollo Global Management is acquiring Barnes Group in a deal expected to be completed soon pending final conditions.&nbsp;

ARWR

Arrowhead Pharmaceuticals To Replace  Barnes Group In S&P SmallCap 600, Effective Prior To Opening Of Trading On January 27

Immunoprecise Antibodies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPA#NASDAQ">IPA</a>) shares are moving higher on Wednesday after the company announced it developed a new class of GLP-1 therapies.
What To Know: The company revealed Wednesday the development of a new class of GLP-1 therapies, which are often used to manage type two diabetes or obesity, using its artificial intelligence (AI) technology, the LENS platform.
The AI-driven platform identifies unique evolutionary patterns in biological data to design and optimize therapeutics. By leveraging these insights, the LENS platform enables faster and more precise drug discovery and development.
&#8220;LENS continued breakthroughs underscore the unparalleled power of our HYFT patterns,&#8221; said Dr. Jennifer Bath, CEO of ImmunoPrecise Antibodies. 
&#8220;These patterns, which only IPA possesses, are the key to unlocking unprecedented speed and precision in biologics research. LENS is not just accelerating development — it&#8217;s redefining the very process of therapeutic innovation.&#8221;
The AI-developed GLP-1 therapies are engineered to enhance effectiveness, extend durability and simplify patient use, with advancements such as reduced dosing frequency and streamlined manufacturing processes. The company is currently evaluating the viability of delivering these GLP-1-like therapies via a transdermal patch rather than injection.
IPA Price Action: Immunoprecise stock closed Wednesday up 30.73% at 64 cents. After-hours trading has it down 8.53% at 59 cents, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Read Next: • <a href="https://www.benzinga.com/insights/analyst-ratings/25/01/43139936/assessing-unity-software-insights-from-8-financial-analysts">Assessing Unity Software: Insights From 8 Financial Analysts</a>
Photo: Romix Image via Shutterstock

Tech

What's Going On With ImmunoPrecise Antibodies Stock Wednesday?

GWRE

Guidewire Software To Replace Arrowhead Pharmaceuticals In S&P MidCap 400, Effective Prior To Opening Of Trading On January 27

Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) has outperformed the market over the past 10 years by 5.83% on an annualized basis producing an average annual return of 17.41%. Currently, Caterpillar has a market capitalization of $193.28 billion. 
Buying $100 In CAT: If an investor had bought $100 of CAT stock 10 years ago, it would be worth $462.18 today based on a price of $395.21 for CAT at the time of writing.
<h3>Caterpillar's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737584114_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Caterpillar 10 Years Ago Would Be Worth This Much Today

The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. However, if the Company fails to timely regain compliance with the Listing Rule, the Company's common stock will be subject to delisting from Nasdaq.

MULN

Mullen Receives Notice From Nasdaq Listing Qualifications Staff About Delayed Filing Of Annual Report

WIIM

TLSA

Tiziana Life Sciences shares are trading higher after the company announced the discovery of new immune biomarkets in its na-SPMS patients when treated with nasal foralumab.

Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) reported its fourth-quarter financial results after Wednesday's closing bell. Here's a look at the key <a href="https://www.benzinga.com/pressreleases/25/01/b43144306/alcoa-corporation-reports-fourth-quarter-and-full-year-2024-results">figures from the quarter. </a>
The Details: Alcoa reported quarterly earnings of $1.04 per share, which beat the analyst consensus estimate of 97 cents. Quarterly revenue clocked in at $3.48 billion, which beat the analyst consensus estimate of $3.33 billion and is an increase over sales of $2.59 billion from the same period last year.
Alumina production decreased two percent sequentially to 2.39 million metric tons. In the Aluminum segment, production increased two percent sequentially to 571,000 metric tons primarily due to continued progress on the Alumar, Brazil smelter restart.
In the Alumina segment, third-party revenue increased 46% due to an increase in average realized third-party price and higher shipments. In the Aluminum segment, third-party revenue increased 5% due to an increase in average realized third-party price.
Read Next: <a href="https://www.benzinga.com/news/large-cap/25/01/43106379/trump-reverses-bidens-ai-policies-on-day-1-what-it-means-for-tech-giants-nvidia-amd-alphabet">Trump Reverses Biden&#8217;s AI Policies On Day 1: What It Means For Tech Giants Nvidia, AMD, Alphabet&nbsp;</a>
&#8220;Reflecting on 2024, it was a productive year for Alcoa as we delivered on strategic actions and operational improvements, including closing the acquisition of Alumina Limited, announcing the sale of our interest in the Ma&#8217;aden joint ventures, hitting production records and improving operational stability,&#8221; said Alcoa president and CEO William F. Oplinger.&nbsp;
Outlook:&nbsp;Alcoa said it expects 2025 total Alumina segment production to range between 9.5 to 9.7 million metric tons, a decrease from 2024 due to the curtailment of the Kwinana refinery.
Alcoa expects 2025 total Aluminum segment production to range between 2.3 and 2.5 million metric tons, an increase from 2024 due to smelter restarts. 
AA Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Alcoa shares are up 0.41% after-hours at $38.94 Wednesday. 
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/initiation/25/01/43102452/roku-analyst-sees-25-upside-as-tv-ad-dollars-go-digital">Roku Analyst Sees 25% Upside As TV Ad Dollars Go Digital&nbsp;</a></li>
</ul>
Photo: Shutterstock

Global

Alcoa Shares Climb After Better-Than-Expected Q4 Results

First Internet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INBK#NASDAQ">INBK</a>) reported quarterly earnings of $0.41 per share. This is a 14.58 percent decrease over earnings of $0.48 per share from the same period last year. The company reported quarterly sales of $39.487 million which beat the analyst consensus estimate of $24.332 million by 62.29 percent. This is a 45.13 percent increase over sales of $27.208 million the same period last year.

INBK

First Internet Q4 2024 Adj. EPS $0.41 Down From $0.48 YoY, Sales $39.487M Beat $24.332M Estimate

Press Releases

Pasofino Gold Announces Management Changes

Pasofino Gold Completes Drilling at 'Bukon Jedeh', Dugbe Gold Project in Liberia

How Does Pasofino Gold's Dugbe Gold Project Shape Up Against Competitors?

West Africa Has Long Had A Wealth Of Gold Resources – Companies Are Now Looking To Regions Like Liberia For Their As-Yet Untapped Potential

Pasofino Gold: Unlocking Liberia's Untapped Gold Potential

AMSYF

HUMRF

LGDTF

TSX:OSI

TSXV:VEIN

Pasofino Gold

ENFORCER GOLD CORP by Enforcer Gold Corp.

Screenshot 2024-08-27 at 5.49.46 PM

Pasofino Gold: Unlocking Liberia&#39;s Untapped Gold Potential

Screenshot 2024-07-02 at 8.11.40 AM

General

West Africa Has Long Had A Wealth Of Gold Resources – Companies Are Now Looking To Countries Like Liberia For Their Great Potential

Screenshot 2024-06-27 at 5.36.01 PM

How Does Pasofino Gold&#39;s Dugbe Gold Project Shape Up Against Competitors?

On Monday, Pasofino Gold Limited (OTC:<a class="ticker" href="https://www.benzinga.com/stock/EFRGF#OTC">EFRGF</a>) announced that it had completed its diamond core drilling program, testing the Bukon Jedeh&#8217; gold camp&#8217; within the company&#8217;s Dugbe Gold Project, Liberia.



Eleven holes were drilled for 1,328m on the four km long gold camp&#8217;.



The company says Bukon Jedeh is a priority target for gold exploration. It is located 10 km southeast of the company&#8217;s Dugbe Gold Project, which has a 3.3 Moz Measured and Indicated Mineral Resource Estimate.



Pasofino says several holes contain broad intervals of pyroxene gneiss with sulphide minerals &#8211; this is encouraging as gold at the nearby Tuzon and Dugbe F deposits is hosted by a similar lithology.



The drilling was completed on time and within budget. The sampling is 50% complete, and the first batch of samples is set to be sent to the laboratory in early June. The results of this first batch are expected in July 2024.



Bukon Jedeh operations fall within the company&#8217;s Dugbe licence area. In 2012, Equator Resources Limited conducted reverse circulation drilling on a grid over part of the Bukon Jedeh area.



However, the most productive pits developed primarily after Equator&#8217;s work and are located outside the previously drilled area. Pasofino&#8217;s drilling targeted sites along the 4 km long gold &#8216;corridor.&#8217;



Detailed geological logging is ongoing. A preliminary inspection reveals sulphide-bearing zones in over half of the drill holes, several to tens of meters in thickness within pyroxene-bearing gneiss.



The company says the visual results are encouraging, but laboratory analyses are needed to establish whether the rock types are gold-bearing. Analyses will be conducted at ALS in Ghana, with expected results in July 2024.



The 2,302 sq km Dugbe Gold Project is in southern Liberia and situated within the southwest corner of the Birimian Supergroup, which hosts most West African gold deposits.



Two deposits have been identified on the Project: Dugbe F and Tuzon, discovered by Hummingbird Resources Plc in 2009 and 2011, respectively.



Hummingbird conducted significant exploration in the area until 2012, including 74,497 m of diamond coring.



Pasofino drilled an additional 14,584 m at Tuzon and Dugbe during 2021. Both deposits have Mineral Resource Estimates dated 17 November 2021 with total Measured and Indicated of 3.3 Moz with an average grade of 1.37 g/t Au, and 0.6 Moz in Inferred.



Following the completion of the Definitive Feasibility Study in June 2022, a Mineral Reserve Estimate was declared based on the open-pit mining of both deposits over a 14-year Life of Mine.



In 2019, Hummingbird signed a 25-year Mineral Development Agreement with the Government of Liberia, providing the necessary long-term framework and stabilizing taxes and duties.



Under the terms of the agreement, the royalty rate on gold production is 3%, the income tax rate payable is 25%, the fuel duty is reduced by 50%, and the Government of Liberia is granted a free carried interest of 10% in the Project.

Market-Moving Exclusives

Exclusives

EXCLUSIVE: Canadian Mineral Exploration Firm Pasofino Gold Completes Drilling At 'Bukon Jedeh' Gold Project In Liberia

Before 10 a.m. ET on Wednesday, 58 companies hit new 52-week lows.

<h3>Key Facts:</h3>

<ul>
	<li>The largest company in terms of market cap to set a new 52-week low was&nbsp;Liberty Global&nbsp;(NASDAQ:<a class="ticker" href="/stock/LBTYK#NASDAQ">LBTYK</a>).</li>
	<li>The smallest company by market cap to set a new 52-week low was&nbsp;Global Technologies&nbsp;(OTC:<a class="ticker" href="/stock/GTLL#OTC">GTLL</a>).</li>
	<li>Newpark Resources&nbsp;(NYSE:<a class="ticker" href="/stock/NR#NYSE">NR</a>)&#39;s stock made the biggest reversal, trading up 1.88% shortly after dropping to a new 52-week low.</li>
</ul>

During the first half-hour of trading on Wednesday, the following stocks broke to new 52-week lows:

<ul>
	<li>Liberty Global&nbsp;(NASDAQ:<a class="ticker" href="/stock/LBTYK#NASDAQ">LBTYK</a>)&nbsp;shares set a new 52-week low of $20.19 today morning. The stock traded down 0.97% over the session.</li>
	<li>Liberty Global&nbsp;(NASDAQ:<a class="ticker" href="/stock/LBTYA#NASDAQ">LBTYA</a>)&nbsp;shares fell to $19.44 on Wednesday morning, setting a new 52-week low. Shares then moved down 1.13%.</li>
	<li>Renault&nbsp;(OTC:<a class="ticker" href="/stock/RNLSY#OTC">RNLSY</a>)&nbsp;stock hit $8.60 on Wednesday morning, setting a new 52-week low. The stock traded down 0.12% over the course of the day.</li>
	<li>Carrefour&nbsp;(OTC:<a class="ticker" href="/stock/CRERF#OTC">CRERF</a>)&nbsp;stock fell to a new 52-week low of $16.01 on Wednesday morning. Shares of the company traded down 1.66% on the day.</li>
	<li>Spirit AeroSystems Hldgs&nbsp;(NYSE:<a class="ticker" href="/stock/SPR#NYSE">SPR</a>)&nbsp;stock fell to a new 52-week low of $63.72 on Wednesday morning. Shares of the company traded down 1.14% on the day.</li>
	<li>Cabot Oil &amp; Gas&nbsp;(NYSE:<a class="ticker" href="/stock/COG#NYSE">COG</a>)&nbsp;stock fell to a new 52-week low of $15.50 on Wednesday morning. Shares of the company traded up 1.0% on the day.</li>
	<li>EQT&nbsp;(NYSE:<a class="ticker" href="/stock/EQT#NYSE">EQT</a>)&nbsp;stock fell to a new 52-week low of $7.67 on Wednesday morning. Shares of the company traded up 1.43% on the day.</li>
	<li>K+S&nbsp;(OTC:<a class="ticker" href="/stock/KPLUY#OTC">KPLUY</a>)&nbsp;stock fell to a new 52-week low of $5.32 on Wednesday morning. Shares of the company traded down 5.33% on the day.</li>
	<li>Meredith&nbsp;(NYSE:<a class="ticker" href="/stock/MDP#NYSE">MDP</a>)&nbsp;stock set a new 52-week low of $30.02 on Wednesday morning, with shares later moving down 2.26%.</li>
	<li>Frank&#39;s International&nbsp;(NYSE:<a class="ticker" href="/stock/FI#NYSE">FI</a>)&nbsp;shares moved up 1.88% on Wednesday&#39;s session after setting a new 52-week low of $3.94 to begin trading.</li>
	<li>GasLog&nbsp;(NYSE:<a class="ticker" href="/stock/GLOG#NYSE">GLOG</a>)&nbsp;shares set a new yearly low of $8.61 this morning. The stock was down 2.83% on the session.</li>
	<li>Delphi Technologies&nbsp;(NYSE:<a class="ticker" href="/stock/DLPH#NYSE">DLPH</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $10.50, and later moved up 0.24% over the session.</li>
	<li>Arch Coal&nbsp;(NYSE:<a class="ticker" href="/stock/ARCH#NYSE">ARCH</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $61.97, and later moved down 1.83% over the session.</li>
	<li>Peabody Energy&nbsp;(NYSE:<a class="ticker" href="/stock/BTU#NYSE">BTU</a>)&nbsp;shares set a new yearly low of $7.86 this morning. The stock was down 2.59% on the session.</li>
	<li>Wabash National&nbsp;(NYSE:<a class="ticker" href="/stock/WNC#NYSE">WNC</a>)&nbsp;stock set a new 52-week low of $12.49 on Wednesday morning, with shares later moving down 1.04%.</li>
	<li>Golar LNG Partners&nbsp;(NASDAQ:<a class="ticker" href="/stock/GMLP#NASDAQ">GMLP</a>)&nbsp;shares fell to $8.27 on Wednesday morning, setting a new 52-week low. Shares then moved up 0.34%.</li>
	<li>Newpark Resources&nbsp;(NYSE:<a class="ticker" href="/stock/NR#NYSE">NR</a>)&nbsp;stock hit a yearly low of $5.18 this morning. The stock was down 1.61% for the day.</li>
	<li>Spectrum Pharmaceuticals&nbsp;(NASDAQ:<a class="ticker" href="/stock/SPPI#NASDAQ">SPPI</a>)&nbsp;stock hit a new 52-week low of $3.04 to begin trading. The stock was up 0.66% on the session.</li>
	<li>CONSOL Energy&nbsp;(NYSE:<a class="ticker" href="/stock/CEIX#NYSE">CEIX</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $10.19, and later moved down 1.35% over the session.</li>
	<li>TMAC Resources&nbsp;(OTC:<a class="ticker" href="/stock/TMMFF#OTC">TMMFF</a>)&nbsp;shares hit a yearly low of $2.09 today morning. The stock was down 3.07% on the session.</li>
	<li>Panhandle Oil and Gas&nbsp;(NYSE:<a class="ticker" href="/stock/PHX#NYSE">PHX</a>)&nbsp;stock moved down 2.35% over Wednesday&#39;s trading session after setting a new 52-week low of $8.35 to open trading.</li>
	<li>Evolution Petroleum&nbsp;(AMEX:<a class="ticker" href="/stock/EPM#AMEX">EPM</a>)&nbsp;stock hit a new 52-week low of $5.01 to begin trading. The stock was down 0.2% on the session.</li>
	<li>SandRidge Energy&nbsp;(NYSE:<a class="ticker" href="/stock/SD#NYSE">SD</a>)&nbsp;shares began trading with a new 52-week low of $3.04 on Wednesday. The stock was down 3.19% for the day.</li>
	<li>Ultralife&nbsp;(NASDAQ:<a class="ticker" href="/stock/ULBI#NASDAQ">ULBI</a>)&nbsp;shares hit a yearly low of $6.85 today morning. The stock was up 0.69% on the session.</li>
	<li>ION Geophysical&nbsp;(NYSE:<a class="ticker" href="/stock/IO#NYSE">IO</a>)&nbsp;shares hit a yearly low of $5.95 today morning. The stock was down 3.63% on the session.</li>
	<li>Youngevity International&nbsp;(NASDAQ:<a class="ticker" href="/stock/YGYI#NASDAQ">YGYI</a>)&nbsp;shares moved up 0.42% on Wednesday&#39;s session after setting a new 52-week low of $2.35 to begin trading.</li>
	<li>AstroNova&nbsp;(NASDAQ:<a class="ticker" href="/stock/ALOT#NASDAQ">ALOT</a>)&nbsp;stock hit a new 52-week low of $12.51 to begin trading. The stock was down 2.49% on the session.</li>
	<li>Coffeesmiths Collective&nbsp;(OTC:<a class="ticker" href="/stock/COFE#OTC">COFE</a>)&nbsp;shares began trading with a new 52-week low of $0.15 on Wednesday. The stock was 0.0% (flat) for the day.</li>
	<li>Natural Health Trends&nbsp;(NASDAQ:<a class="ticker" href="/stock/NHTC#NASDAQ">NHTC</a>)&nbsp;shares set a new 52-week low of $5.05 today morning. The stock traded down 1.96% over the session.</li>
	<li>MMJ Group Holdings&nbsp;(OTC:<a class="ticker" href="/stock/MMJJF#OTC">MMJJF</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $0.10, and later moved down 13.64% over the session.</li>
	<li>RTW Retailwinds&nbsp;(NYSE:<a class="ticker" href="/stock/RTW#NYSE">RTW</a>)&nbsp;shares set a new 52-week low of $0.52 today morning. The stock traded down 3.27% over the session.</li>
	<li>IMAC Holdings&nbsp;(NASDAQ:<a class="ticker" href="/stock/IMAC#NASDAQ">IMAC</a>)&nbsp;shares set a new 52-week low of $1.20 today morning. The stock traded down 1.65% over the session.</li>
	<li>Todos Medical&nbsp;(OTC:<a class="ticker" href="/stock/TOMDF#OTC">TOMDF</a>)&nbsp;shares hit a yearly low of $0.03 today morning. The stock was 0.0% (flat) on the session.</li>
	<li>ICC Intl Cannabis&nbsp;(OTC:<a class="ticker" href="/stock/WLDCF#OTC">WLDCF</a>)&nbsp;shares moved down 4.17% on Wednesday&#39;s session after setting a new 52-week low of $0.01 to begin trading.</li>
	<li>Huitao Tech&nbsp;(NASDAQ:<a class="ticker" href="/stock/HHT#NASDAQ">HHT</a>)&nbsp;shares moved down 14.4% on Wednesday&#39;s session after setting a new 52-week low of $1.20 to begin trading.</li>
	<li>Clean Coal Technologies&nbsp;(OTC:<a class="ticker" href="/stock/CCTC#OTC">CCTC</a>)&nbsp;stock hit $0.05 on Wednesday morning, setting a new 52-week low. The stock traded down 7.14% over the course of the day.</li>
	<li>American Restaurant&nbsp;(OTC:<a class="ticker" href="/stock/ICTPU#OTC">ICTPU</a>)&nbsp;stock hit $1,165.00 on Wednesday morning, setting a new 52-week low. The stock traded down 0.85% over the course of the day.</li>
	<li>Sunworks&nbsp;(NASDAQ:<a class="ticker" href="/stock/SUNW#NASDAQ">SUNW</a>)&nbsp;stock hit a yearly low of $1.06 this morning. The stock was down 3.7% for the day.</li>
	<li>European Cobalt&nbsp;(OTC:<a class="ticker" href="/stock/WMNNF#OTC">WMNNF</a>)&nbsp;shares fell to $0.01 on Wednesday morning, setting a new 52-week low. Shares then moved down 60.0%.</li>
	<li>Real Good Food&nbsp;(OTC:<a class="ticker" href="/stock/RLGDF#OTC">RLGDF</a>)&nbsp;stock hit $0.06 on Wednesday morning, setting a new 52-week low. The stock traded 0.0% (flat) over the course of the day.</li>
	<li>Global Hemp Group&nbsp;(OTC:<a class="ticker" href="/stock/GBHPF#OTC">GBHPF</a>)&nbsp;stock dropped to a yearly low on Wednesday morning of $0.02. Shares then traded down 10.11%.</li>
	<li>Video Display&nbsp;(OTC:<a class="ticker" href="/stock/VIDE#OTC">VIDE</a>)&nbsp;stock hit a new 52-week low of $0.93 to begin trading. The stock was down 11.43% on the session.</li>
	<li>Cabral Gold&nbsp;(OTC:<a class="ticker" href="/stock/CBGZF#OTC">CBGZF</a>)&nbsp;shares set a new 52-week low of $0.08 today morning. The stock traded 0.0% (flat) over the session.</li>
	<li>Ethema Health&nbsp;(OTC:<a class="ticker" href="/stock/GRST#OTC">GRST</a>)&nbsp;stock set a new 52-week low of $0.0007 on Wednesday morning, with shares later moving down 11.11%.</li>
	<li>Naked Brand Group&nbsp;(NASDAQ:<a class="ticker" href="/stock/NAKD#NASDAQ">NAKD</a>)&nbsp;stock moved down 3.45% over Wednesday&#39;s trading session after setting a new 52-week low of $1.11 to open trading.</li>
	<li>Egpi Firecreek&nbsp;(OTC:<a class="ticker" href="/stock/EFIR#OTC">EFIR</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $0.000001, and later moved down 99.0% over the session.</li>
	<li>Mojave Jane Brands&nbsp;(OTC:<a class="ticker" href="/stock/HHPHF#OTC">HHPHF</a>)&nbsp;stock hit a yearly low of $0.01 this morning. The stock was down 4.98% for the day.</li>
	<li>Bio-Matrix Scientific&nbsp;(OTC:<a class="ticker" href="/stock/BMSN#OTC">BMSN</a>)&nbsp;shares fell to $0.000001 on Wednesday morning, setting a new 52-week low. Shares then moved down 99.0%.</li>
	<li>Coroware&nbsp;(OTC:<a class="ticker" href="/stock/COWI#OTC">COWI</a>)&nbsp;shares fell to $0.000001 on Wednesday morning, setting a new 52-week low. Shares then moved down 99.0%.</li>
	<li>Pasofino Gold&nbsp;(OTC:<a class="ticker" href="/stock/EFRGF#OTC">EFRGF</a>)&nbsp;stock hit $0.05 on Wednesday morning, setting a new 52-week low. The stock traded 0.0% (flat) over the course of the day.</li>
	<li>Trans-Pacific Aerospace&nbsp;(OTC:<a class="ticker" href="/stock/TPAC#OTC">TPAC</a>)&nbsp;stock fell to a new 52-week low of $0.000001 on Wednesday morning. Shares of the company traded down 99.0% on the day.</li>
	<li>Sipup&nbsp;(OTC:<a class="ticker" href="/stock/SPUP#OTC">SPUP</a>)&nbsp;stock moved down 6.98% over Wednesday&#39;s trading session after setting a new 52-week low of $0.10 to open trading.</li>
	<li>CaliPharms&nbsp;(OTC:<a class="ticker" href="/stock/KGET#OTC">KGET</a>)&nbsp;stock hit a yearly low of $0.000001 this morning. The stock was 0.0% (flat) for the day.</li>
	<li>Metatron&nbsp;(OTC:<a class="ticker" href="/stock/MRNJ#OTC">MRNJ</a>)&nbsp;stock fell to a new 52-week low of $0.000001 on Wednesday morning. Shares of the company traded 0.0% (flat) on the day.</li>
	<li>XFit Brands&nbsp;(OTC:<a class="ticker" href="/stock/XFTB#OTC">XFTB</a>)&nbsp;stock fell to a new 52-week low of $0.0041 on Wednesday morning. Shares of the company traded down 10.87% on the day.</li>
	<li>Ubiquitech Software&nbsp;(OTC:<a class="ticker" href="/stock/UBQU#OTC">UBQU</a>)&nbsp;shares began trading with a new 52-week low of $0.000001 on Wednesday. The stock was 0.0% (flat) for the day.</li>
	<li>Profitable Developments&nbsp;(OTC:<a class="ticker" href="/stock/PRDL#OTC">PRDL</a>)&nbsp;shares moved down 99.0% on Wednesday&#39;s session after setting a new 52-week low of $0.000001 to begin trading.</li>
	<li>Global Technologies&nbsp;(OTC:<a class="ticker" href="/stock/GTLL#OTC">GTLL</a>)&nbsp;shares hit a yearly low of $0.000001 today morning. The stock was 0.0% (flat) on the session.</li>
</ul>

 
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