A miner that digs gold, silver, zinc, and lead out of the ground across North America, selling raw metal to smelters. Think of it as a treasure hunter with heavy machinery.
Money comes from selling mined metals, mostly gold and silver, to third-party smelters. Gross margin hit 50.43% recently, but profits swing wildly with metal prices—2023 lost money, 2025 earned USD 0.59B.
Mines are hard to replicate because they sit on specific, finite ore deposits—competitors like Newmont or Barrick can't just copy a gold vein. But the moat is eroding as ore grades decline and costs rise, squeezing margins.
Hold (sector percentile 60) — value C+, growth A-, profitability B+, momentum B, revisions D. Updated daily, sector-relative, identical for every user.
Key events, in time order
Record Q2 includes first full quarter from New Afton and Rainy River; weak jobs report lifts gold/silver, stock up 11.1%
BNY Mellon raised stake 86.8% and CalPERS 40.9% in Q1, per 13F filings
Q1 2026 revenue reached $856 million with EBITDA of $475 million (record quarterly), up 12% versus Q4 2025 and nearly fourfold year-over-year
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