Barrick Gold is adding new mines

Barrick Gold is adding new mines

A slight decline in gold production and prices resulted in a 7.4% revenue drop in the most-recent quarter for Barrick Gold.

However, earnings still beat estimates and the firm continues to pay a performance dividend each quarter.

The stock trades at 23.0 times the company’s 2023 earnings… Read More

Utz Brands Inc. must address costs

Utz Brands Inc. must address costs

A Member of Pat McKeough’s Inner Circle recently asked for his advice on a snacks company that’s been trading publicly since its reverse merger in 2020.

Pat likes the company’s aggressive growth plans, which include strategic acquisitions of products and distributors. However, he notes the company… Read More

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TMX GROUP LTD. $139 is a hold. The company (Toronto symbol X; Finance sector; Shares outstanding: 55.6 million; Market cap: $7.7 billion; Dividend yield: 2.4%; Takeover Target Rating: Medium; www.tmx.com) owns Canada’s two primary stock exchanges, the Toronto Stock Exchange and the Montreal Exchange, as well as clearing entities… Read More

Get a 5.9% yield from AT&T

Get a 5.9% yield from AT&T

This firm’s share price is unchanged since the start of 2022, mainly because rising interest rates have prompted income-seeking investors to buy bonds instead. Higher rates are also making it more expensive for the firm to build out its new ultrafast 5G wireless networks.

However, we… Read More

McCormick & Co. faces earnings challenges

McCormick & Co. faces earnings challenges

Increased selling prices led to a 3% jump in revenue for this company during the most-recent quarter.

However, lower volumes and iffy demand going forward suggest the company’s growth will be challenged in the near term. The stock trades at a high 32.0 times the company’s… Read More