Author

admin

Browsing

triumph gold Corp. (TSXV: TIG) (OTC Pink: TIGCF) (FSE: 8N6) (‘triumph gold’ or the ‘Company’) is pleased to announce the acquisition of the Coyote Knoll Silver (Ag Gold (Au) Property, located in central Utah, approximately 40 km southwest of the prolific Tintic Mining District (Figure 1).

triumph gold has entered into an agreement to purchase the Coyote Knoll Silver-Gold property for the sum of $150,000USD and the issuance of one million common shares of the Company. Prior to one year from the date of purchase, one million common shares shall be issued to the seller; prior to two years from the date of purchase one million common shares will be issued; prior to three years from the date of purchase one million common shares shall be issued to the seller. Before four years from the date of purchase a three million dollar payment in cash or shares will be made to the seller.

Highlights:

  • Approximately 2,600 metres of RC drilling have been completed, highlighted by 1,350.36 g/t Ag and 3.86 g/t Au over 3.00 metres in ATC-C6 (Table 1 & 2 and Figure 2)NI 43-101 Disclosure 1.
  • Historical rock samples returned silver and gold values, up to 6,730.00 g/t Ag and 23.30 g/t Au (Table 2)NI 43-101 Disclosure 2.
  • Two east-west parallel veins were identified through reverse circulation (RC) drilling and exposed during mining.
  • Recent surface sampling confirmed silver and gold mineralization, with grab samples returning up to 795 g/t Ag and 1.58 g/t Au (Table 4)NI 43-101 Disclosure 2.
  • In 2012, a 12-ton representative bulk sample returned an average grade of 43.60 oz/ton silver and 0.13 oz/ton goldNI 43-101 Disclosure 3.
  • In 1998 Phoenix Gold Resources shipped Coyote Knoll ore to Clifton Mining’s mill at Gold Hill where a 1,000 ounces of silver doré was producedNI 43-101 Disclosure 4.
  • A second mineralized structure, trending northwest-southeast, has been identified through surface sampling and RC drilling.

John Anderson, Chairman and CEO of triumph gold, stated:

‘The Coyote Knoll acquisition represents an exciting addition to our portfolio. Located in a mining-friendly and historically significant region, the property demonstrates high-grade silver mineralization and favorable geological features, similar to those found in the Tintic Mining District. With the confirmation of epithermal silver-gold mineralization and the potential for further discovery, we look forward to advancing exploration at Coyote Knoll.’

Figure 1. Coyote Knoll property location map.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5125/254408_c03b07c774e7e8a6_001full.jpg

Figure 2. Coyote Knoll drill and sample highlights.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5125/254408_c03b07c774e7e8a6_002full.jpg

Location and Geological Overview:

Coyote Knoll is located in central Utah, approximately 85 km south of Bingham Canyon Cu-Mo-Au Porphyry deposit and 40 km southwest of the city of Eureka. Eureka is historically associated with the Tintic Mining District, which has been a major producer of gold, silver, lead, and zinc from both epithermal and Carbonate Replacement Deposits (CRD). The Tintic District is known for its productive mining history and the potential for undiscovered porphyry systems.

Coyote Knoll was discovered in 1988, with subsequent exploration activities including mapping, trenching, rock sampling, and induced polarization and magnetic geophysical surveys. Follow-up work also included near-surface Reverse Circulation RC-drilling, totaling 2,606.96 metres across 33 drill holes. Highlights from historical drilling are summarized in Table 1 & 2, and surface samples are highlighted in Table 3. A 12-ton representative bulk sample was also mined from a shallow open pit, centered over the east-west (70°) trending mineralized structure. Silver and gold epithermal mineralization was exposed over approximately 60 metres within the open pit and has been delineated for 1.5 km through surface trenching, sampling, and shallow RC drilling (Figure 2).

Table 1. Historic RC drilling composite highlights

Hole-ID From (m) To (m) Interval (m) Ag g/t Au g/t
AT1-C6 54.10 57.10 3.00 1350.36 3.86
CK-10 68.60 74.70 6.10 114.84 0.12
AT1-C5 49.80 54.30 4.50 99.37 0.40
CK-1 27.40 32.00 4.60 68.89 0.09
CK-10 51.80 54.90 3.10 67.81 0.38
CK-10 61.00 64.00 3.00 38.50 0.08
CK-2 36.60 39.60 3.00 60.00 0.18
CK-2 53.30 57.90 4.60 39.04 0.09
CK-15 21.30 24.40 3.10 40.39 0.07

 

NI 43-101 Disclosure 1.

*Composites grades were calculated using Datashed software with >25 g/t Ag cutoff and

Table 2. Historical drill attributes for Table 1 highlights.

Hole-ID Easting Northing Elevation (m) Depth (m) Azimuth Dip
AT1-C5 367,889 4,408,432 1,622 76 -90
AT1-C6 367,897 4,408,436 1,621 75 -90
CK-1 367,904 4,408,411 1,613 80 170 -60
CK-2 367,910 4,408,421 1,616 87 -90
CK-10 367,951 4,408,442 1,624 110 -90

 

NI 43-101 Disclosure 1.

Two additional historical drill holes (CK-141. and CK-232.) have previously been reported to contain high gold values and are in proximity to the open pit. CK-14 has an intercept of 8.19g/t Au and 1,060g/t Ag over 1.52 m from 9.14 m downhole. CK-23 has an intercept of 2g/t Au and 814g/t Ag over 1.52 m from 45.72 m downhole.

  1. Freeport-McMoRan Gold Company, 1989-1990; Reverse Circulation Drill Hole CK-14; from NI 43-101 Technical Report on the Coyote Mine Project Juab County, Utah, USA, Arthur J. Mendenhall.
  2. Freeport-McMoRan Gold Company, 1989-1990; Reverse Circulation Drill Hole CK-23; from NI 43-101 Technical Report on the Coyote Mine Project Juab County, Utah, USA, Arthur J. Mendenhall.

Table 3. Historic rock sample highlights

Sample-ID Easting Northing Ag g/t Au g/t
CK-5 367,870 4,408,430 6730.00 23.30
54359 367,924 4,408,270 6687.08 26.37
CK-6 367,870 4,408,430 6490.00 13.10
CKRX-0001 367,928 4,408,377 5570.00 12.25
CK-3 367,870 4,408,430 2270.00 9.63
48396 367,884 4,408,389 1673.83 7.30
48395 367,933 4,408,423 1638.86 0.51
48382 367,927 4,408,360 1086.86 6.03
CK-4 367,870 4,408,430 979.00 14.05
48380 367,911 4,408,333 600.69 1.03
54354 367,858 4,408,379 370.97 0.31
56251 367,411 4,408,309 172.00 173.14
CKRX-0027 368,645 4,408,585 3.38 0.02

 

NI 43-101 Disclosure 2.

While Coyote Knoll is approximately 40 km southwest of the Tintic District the geological setting at Coyote Knoll exhibits similarities to the Tintic Mining District. Where precious metal epithermal veins at the Trixie Mine are formed within faulted quartzites and the Burgin and Tintic Standard mines are hosted in carbonate-rich stratigraphy forming CRD. During the March site visit, the Company also toured the high-grade Trixie Gold Mine to gain further insight into the regional geological setting of the Tintic Mining District. At Coyote Knoll, epithermal mineralization is located along the margin a large volcanic caldera hosting a granitic center. Veining crosscuts quartzite, carbonate-rich stratigraphy and volcanic flows. This provides an encouraging framework for the exploration of both epithermal veins and potential carbonate replacement mineralization at Coyote Knoll.

Fieldwork conducted during a March 2025 site visit confirmed the presence of epithermal-style mineralization with key geological features including:

  • Silica-flooded pebble clastic fault breccia (pebble dyke), jasperoid, and chalcedony vein infill hosted within faulted quartzite.
  • Mineralization consisted of native silver and silver sulphide ‘sulfosalt’ minerals.
  • Secondary northwest-trending epithermal veining represented by quartz-carbonate and jasperoid infill. This trend contains anomalous silver and elevated pathfinder elements such as arsenic (As), copper (Cu), lead (Pb), antimony (Sb), and zinc (Zn) (Table 4).

Table 4. Coyote Knoll grab sample results (March 2025 site visit)

Sample-ID Easting Northing Ag
g/t
Au
g/t
As
ppm
Cu
ppm
Pb
ppm
Sb
ppm
Zn
ppm
A001051 367,537 4,408,331 1.23 25.40 8.90 11.80 0.85 4.00
A001052 367,905 4,408,383 0.22 364.00 9.60 4.50 2.27 47.00
A001053 367,874 4,408,395 0.31 207.00 21.50 11.50 2.61 147.00
A001054 367,839 4,408,395 795.00 1.58 61.40 68.40 177.50 67.60 24.00
A001055 367,787 4,408,386 20.70 0.06 431.00 45.30 31.70 7.98 122.00
A001056 368,438 4,408,853 1.23 29.70 6.60 9.60 2.85 8.00
A001057 368,424 4,408,894 0.25 11.40 19.40 1.80 0.31 12.00
A001061 367,891 4,408,372 1.86 381.00 82.80 38.70 19.65 36.00
A001062 367,898 4,408,367 1.87 66.30 27.40 22.40 1.00 7.00

 

NI 43-101 Disclosure 2.

National Instrument 43-101 Disclosure

The technical content of this news release has been reviewed and approved by triumph gold’s Principal Geologist Marty Henning, P.Geo., a ‘Qualified Person’ as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (‘NI 43-101’). He verified the data collected during the March 2025 site visit, including sampling, analytical and test data, and the underlying technical information in this news release.

The historical data presented in this release has not been verified for accuracy and reliability with the use of current quality assurance, quality control, or chain of custody standards current with NI 43-101 best practices. See the following disclaimers for additional details.

  1. The Company has not done sufficient work to classify the historical drilling information as current to NI 43-101 and is not treating the historical drilling disclosure as a current mineral estimate. Historical drilling database has not been verified for accuracy or quality. The reported historical values in this release require verification through additional exploration drilling, twinned holes will be used to verify style, grade and widths of mineralization.
  2. Grab samples are from select surface material and may not represent true underlying mineralization and drilling is required to confirm mineralization width and grade continuity below surface. Additional sampling is required to verify historical rock sample database.
  3. The 12-ton bulk sample reported in 2012 has not been verified for accuracy or quality control and therefore the reported tonnage and grades are not considered a 43-101 mineral resource estimate or a pre-feasibility study. Additional exploration drilling and metallurgical studies are required to verify tonnage and concentrations of silver and gold contained beneath the mined-out area. The bulk sample values are provided to illustrate the presence of surface mineralization.
  4. The 1,000 ounces of silver doré, produced in 1998 reported by Phoenix Gold Resources has not been verified. This information is not considered a mineral resource estimate as there were no reported head grades or tonnage provided. Additional drilling and metallurgical studies are required to verify width, strike and plunge of the surface mineralization reported from the open pit operation at Coyote Knoll. This bulk sample information is provided to illustrate the presence of surface mineralization.

Rock samples collected during the site were located using a handheld GPS, material was sealed in heavy poly ore sample bags with a representative sample retained for future inspection. Samples were placed into a 5-gal pail and shipped to ALS Vancouver for analyses. Samples were crushed, split and pulverized using PREP-31 specifications and analyses was completed using ME-GRA22 for Ag and Au as well as ME-MS41 for a multielement output utilizing an aqua regia digest, over limit elements (Ag, Cu and Pb) were analyzed using OG46.

About triumph gold Corp.

triumph gold is a Canadian based, growth-oriented exploration and development company with a district scale land package in mining friendly Yukon. Led by an experienced management and technical team, The Company is focused on actively advancing their flagship Freegold Mountain Project using multidiscipline exploration and evaluation techniques. The Company acknowledges the Freegold Mountain, Tad Toro and Big Creek properties are situated within the traditional territory of the Little Salmon Carmack and Selkirk Nations. triumph gold is committed to ongoing engagement with local communities through communication, environmental stewardship, and local employment.

The road-accessible Freegold Mountain Project, located in the Dawson Range Au-Cu Belt, is host to three NI 43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill). The Project is 200 square kilometers and covers an extensive section of the Big Creek Fault Zone, a structure directly related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization.

The Company owns 100% of the Big Creek and Tad/Toro gold-silver-copper properties situated along strike of the Freegold Mountain Project within the Dawson Range.

The Company also owns 100% of the Andalusite Peak copper-gold property, situated 36 km southeast of Dease Lake within the Stikine Range in British Columbia. The Company acknowledges the Andalusite Peak property project is situated within the traditional territory of the Tahltan Nation. triumph gold is committed to ongoing engagement with local communities through communication, environmental stewardship, and local employment.

On behalf of the Board of Directors,

Signed ‘John Anderson’

John Anderson, Executive Chairman

For further information about triumph gold, please contact:

John Anderson, Executive Chairman
triumph gold Corp.
(604) 218-7400
janderson@triumphgoldcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR+ (see www.sedarplus.ca). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254408

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending.

The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will grow about 3.7% to 4.7%, compared to its previous expectation of about 3.4% to 4.4%. It expects diluted earnings per share to range from $5.20 to $5.80, compared to its prior outlook of approximately $5.10 to $5.80. Dollar General anticipates same-store sales will increase 1.5% to 2.5%, higher than its previous guidance of about 1.2% to 2.2%.

Here’s how the retailer did for the fiscal first quarter compared with Wall Street’s estimates, according to a survey of analysts by LSEG:

In the three-month period that ended May 2, Dollar General reported net income of $391.93 million, or $1.78 per share, compared with $363.32 million, or $1.65, in the year-ago quarter.

As of Tuesday’s close, shares of Dollar General have risen about 48% so far this year. That far exceeds the roughly 1% gains of the S&P 500 during the same period. Shares of the retailer closed at $112.57 on Tuesday, bringing Dollar General’s market value to $24.76 billion.

Dollar General’s first-quarter results — and its stock performance — stand out in a retail industry that is already taking a hit from President Donald Trump’s tariffs. Companies including Best Buy, Macy’s and Abercrombie & Fitch have cut their profit outlooks due to tariffs.

On an earnings call Tuesday, Dollar General CEO Todd Vasos said the company has worked to reduce its exposure to China — and limit price hikes for shoppers. He said the retailer has worked with vendors to cut costs, moved manufacturing to other countries and made changes to its products or swapped them out for other merchandise.

He said direct imports make up about a mid- to high single-digit percentage of its overall purchases and indirect imports are about double that.

“While the tariff landscape remains dynamic and uncertain, we expect tariffs to result in some price increases as a last resort, though, we intend to work to minimize them as much as possible,” he said.

CFO Kelly Dilts said on the company’s earnings call that full-year guidance assumes that Dollar General will be able to offset “a significant portion of the anticipated tariff impact on our gross margin, but also allows for some incremental pressure on consumer spending.”

Customer traffic dipped by 0.3% in the first quarter compared to the year-ago period, but shoppers spent more when they visited. The average transaction amount rose 2.7%, as sales in the food, seasonal, home and apparel categories all grew.

Vasos added tariffs have also increased U.S. consumers’ desire to find deep discounts. Vasos said the company’s first-quarter results reflect Dollar General’s gains from “customers across multiple income bands seeking value.”

He said store traffic and the company’s market research indicates that more middle- and higher-income customers have come to its stores more frequently and spent more when they visited.

“We are pleased to see this growth with a wide range of customers and are excited about our ongoing opportunity to grow [market] share with them,” he said.

Those gains have helped as Dollar General’s core customer “remains financially constrained,” Vasos said. According to a survey by the company, he said 25% of customers reported having less income than they did a year ago and almost 60% of core customers said “they felt the need to sacrifice on necessities in the coming year.”

Dollar General’s sales largely come from U.S. consumers who are on a tight budget. About 60% of the retailer’s sales come from households with an annual income of less than $30,000 per year, Vasos said last fall at a Goldman Sachs’ retail conference.

In addition to wooing value-conscious shoppers, Dollar General has tried to tackle company-specific problems that drew government scrutiny and tested customer loyalty. The discounter, which has more than 20,000 stores across the country, has paid steep fines to the Labor Department for workplace safety violations due to blocked fire exits and dangerous levels of clutter.

Vasos highlighted some of the ways that Dollar General has tried to improve the customer experience. Among them, it’s worked to reduce employee turnover, and it took about 1,000 individual items off its shelves so it can keep top-selling items in stock, he said.

Dollar General has launched its own home delivery service, which is now available at more than 3,000 stores. Its deliveries through DoorDash have grown, too, with sales up more than 50% year over year in the quarter.

Dollar General has also bulked up its merchandise categories outside of the food and snack aisles, adding more discretionary items like seasonal decor and home items.

Vasos said sales in those categories have also gotten a boost from middle- and higher-income customers shopping its stores.

Its newer store chain, Popshelf, sells mostly discretionary items and caters to consumers with higher household incomes than Dollar General’s typical shoppers. Vasos did not share a specific metric for the chain, but said Popshelf’s same-store sales delivered strong growth in the quarter. The company recently changed the store layout to emphasize toys, beauty and party candy.

This post appeared first on NBC NEWS

Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes.

The platform, dubbed Repowered, will allow members to post listings for their used Peloton equipment and gear and set a price with help from a generative AI tool, the company said.

Sellers have the final say on how much to list the item for, but the AI tool will suggest a price based on information about the product, such as its age, Peloton said.

It said sellers will get 70% of the sales price, while the rest will be shared between Peloton and its platform provider, Archive. Sellers will get a discount toward new equipment, while buyers will see the activation fee for a used product drop from $95 to $45, the company said.

Buyers will be able to see the equipment’s history on the listing and have the option to get the item delivered for an extra fee, Peloton said.

The resale market for used bikes and treadmills is booming. The company said it wants to streamline the sale process for members and offer a safe and comfortable way for prospective customers to buy equipment. It’s also an opportunity for Peloton to reach a wider array of new users as it plots a pathway back to growth.

Last summer, Peloton said it had started to see a meaningful increase in the number of new members who bought used Bikes or Treads from peer-to-peer markets such as Facebook Marketplace. At the time, it said paid connected fitness subscribers who bought hardware on the secondary market had grown 16% year over year, and it believed those subscribers exhibited a lower net churn rate — or membership cancellation — than rental subscribers.

Peloton has plenty of enthusiastic fans who use the company’s equipment every day, but some people have likened it to glorified clothes racks because so many people stop using them. While those owners paid for their exercise machines when they bought them, many have canceled their monthly subscription, which is how Peloton makes the bulk of its money, according to the company’s financial records.

Peloton is already reaping the subscription revenue from people who bought hardware on the secondary market, but now it will get a cut of that market with little upfront cost.

Repowered is a direct challenger to not just Facebook Marketplace but also the burgeoning startup Trade My Stuff, formerly known as Trade My Spin, which sells used Peloton equipment.

Trade My Stuff founder Ari Kimmelfeld told CNBC he previously met with Peloton to discuss ways to collaborate.

But Peloton said Repowered isn’t connected with Trade My Stuff.

Repowered is launching first in beta in New York City, Boston and Washington, D.C., with plans to go nationwide in the coming months, Peloton said. The platform will launch first to sellers, and once there’s enough inventory available, it’ll go live to buyers, the company said.

This post appeared first on NBC NEWS

The far-right Party for Freedom (PVV) is leaving the Netherlands’ government, toppling the governing coalition, its leader Geert Wilders said on Tuesday.

Wilders, who is not himself part of government, presented the cabinet with an ultimatum last week to strengthen its asylum policy.

“No signature for our asylum plans,” he posted on X on Tuesday. “PVV is leaving the coalition.”

This is a developing story and will be updated.

This post appeared first on cnn.com

Palestinians on their way to receive aid from a distribution site in southern Gaza have come under fire for a third consecutive day, with nearly 30 people killed and dozens wounded, according to the Palestinian Ministry of Health and Nasser hospital.

The ministry said Israeli forces opened fire on Palestinians as they made their way to the distribution site in Tel al-Sultan in Rafah early Tuesday.

The Israeli military said its forces opened fire multiple times after identifying “several suspects moving toward them, deviating from the designated access routes.”

“The troops carried out warning fire, and after the suspects failed to retreat, additional shots were directed near a few individual suspects who advanced toward the troops,” the Israel Defense Forces (IDF) said in a statement, which also said they are looking into reports of casualties.

At least 27 people were killed and dozens injured, according to the Palestinian health ministry and the director of Nasser hospital in Gaza.

The firing occurred west of Rafah in the area surrounding the Al-Alam roundabout, according to paramedics from the Palestine Red Crescent Society, near the same location as shooting incidents the last two days.

Early Tuesday morning, a Facebook page which the controversial US- and Israel-backed Gaza Humanitarian Foundation (GHF) has used to publicize information about the opening of distribution sites said one location would be open in southern Gaza and warned residents to adhere to a designated corridor starting at 5 a.m.

“The IDF will be in the area to secure the safe passage,” the statement said.

The incident marks the third day in a row that people have been killed on their way to the GHF distribution point west of Rafah while attempting to secure food as famine conditions worsen in Gaza following an 11-week blockade by Israel.

Three Palestinians were shot dead and dozens wounded as they were on their way to access aid from the site on Monday morning, Palestinian and hospital authorities said. The Israel Defense Forces (IDF) said that Israeli forces fired warning shots approximately a kilometer from the aid distribution site and that it was looking into the details of the incident.

On Sunday, dozens of Palestinians were shot dead by the Israeli military in the same area, according to Palestinian officials and eyewitnesses. Israel’s military denied that its troops fired “within or near” the aid distribution site.

Palestinian officials said 31 people had been killed and scores wounded in Sunday’s incident. An Israeli military source acknowledged that Israeli forces fired toward individuals about one kilometer (1093 yards) away before the aid site opened.

This is a developing story and will be updated.

This post appeared first on cnn.com

Earnings season may be winding down, but a few standout names could still make headlines this week. If you’re looking for potential moves, keep an eye on these three stocks — Dollar Tree, Inc. (DLTR), CrowdStrike Holdings, Inc. (CRWD), and Broadcom, Inc. (AVGO).

Each of these names is at a pretty interesting inflection point right now. It might be worth waiting to see how things play out before making any big bets.

Dollar Tree (DLTR): Quiet Comeback with Room to Run?

Dollar Tree (DLTR) broke out of a long-term downtrend and, as of the last quarter, is back above key moving averages. Many of the beaten-down discount chains, such as Five Below (FIVE) and Dollar General (DG), have started to reverse major downtrends. This week, we will see if earnings momentum can keep going, as DLTR stock has rallied 21% year-to-date.

Investors will be looking for insight into how DLTR is navigating the transition after the $1 billion Family Dollar sale (yes, they paid $8.5 billion in 2015) and how its core stores are performing in the current economic environment. The last two quarters have been relatively calm, as DLTR stabilized with minor gains of 3.1% and 1.9%. That stability comes after a three-quarter losing streak, with average losses of -13.7%.

From a technical standpoint, DLTR made its big move in mid-April as it broke out of a longer-term neutral range and a long-term downtrend. The stock price has eclipsed the 50- and 200-day moving averages and seems to be back on the right track.

The breakout of the rectangular bottom gives an upside target of roughly $98 a share, so there is room for DLTR to run. That move would fill the gap created last September and bring shares into a stronger resistance area around $100. On the downside, there may be an opportunity to enter DLTR, as we have a potential scenario where old resistance becomes support, giving an entry level around $79.50/$80. That would be a good risk/reward set-up for those who may have missed the initial breakout.

Overall, the stock still has room to run, but most of this upside move may already be in the stock, as the price approached an overbought condition with much overhead resistance ahead.

CrowdStrike (CRWD): Heating Up Before Earnings

CrowdStrike (CRWD) has returned from the ashes after last year’s Delta Air Lines, Inc. (DAL) computer outage that caused over 7000 cancelled flights. As it heads into this week’s earnings, shares are trading just under all-time highs.

The cybersecurity company has seen shares decline over the past two results, but that hasn’t stopped its continued momentum. The stock averages a one-day move of +/- 8.5%, so expect volatility.

Technically, CRWD comes into the week at an intriguing pivot point. After breaking out to new highs, the stock pulled back to its old resistance areas from which it broke above.  Will old resistance become support, or are we looking at a potential bull trap?

The relative strength index (RSI) indicates there may be room to run. We have seen some extreme overbought conditions in the past, and we are not there yet. A solid beat and guide could see additional momentum in what continues to be one of the top stocks within the cybersecurity sector.

Speaking of strength, CRWD is shining on a relative basis. It’s up 36.7% year-to-date, outperforming CIBR, the biggest cybersecurity ETF in CIBR, which is up 12.8%. That said, downside risk could be steep given the recent run. Stepping in front of this stock ahead of results could be costly. On weakness, wait for a better risk/reward entry and look for support just around $405.

Broadcom (AVGO): Ready to Step Out of Nvidia’s Shadow?

Broadcom (AVGO) is Nvidia’s baby brother. It is in the $1 trillion market cap club, a top holding in both the Semiconductor ETF (SMH), the Technology ETF (XLK), and the Nasdaq 100 (QQQ).

AVGO has grown mightily in NVDA’s shadow for years now. Shares have rallied just over 500% from their 2022 lows, which pales to the 1250+% rally in Nvidia. However, over the past 52 weeks, AVGO shares have risen 82% compared to Nvidia’s 23% gain.

Now that we’ve seen how price action settled out with NVDA, what could this mean for AVGO?

Technically, if AVGO wanted to step out of NVDA’s shadows, this would be the chance to do so and lead the semiconductors higher. However, momentum is waning, and we continue to see large caps struggle to make new highs.

The table is set for a potentially large breakout. AVGO is at a key resistance area just under $250. It couldn’t break through it last week, but could earnings be the catalyst for getting it over the top? Given the overbought conditions and tough market environment, it should be a challenge. You may be able to buy this stock on a dip and wait for the rest of the market to catch up as we look for more clarity on tariff policy. Look for a pullback to the $220 area to add to or enter the name.

Long-term investors should ignore the noise to come. AVGO has suffered through the worst and should break out in due time. It just may not be this time.


In this video, Mary Ellen highlights key areas of the stock market that gained strength last week, including Staples and Aerospace stocks. She also shares several Dividend Aristocrat stocks that can help stabilize your portfolio in times of market volatility. Whether you’re seeking defensive plays or looking to align with sector rotation trends, this video provides practical insights to strengthen your trading strategy.

This video originally premiered May 30, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.


Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE:6CA) is pleased to announce the execution of an agreement (the ″ Agreement ″) with Exploits Discovery Corp. (CSE: NFLD) (″ Exploits ″) to option 100% of its interests in three groups of exclusive exploration rights, located in the Province of Québec, commonly referred to as: (a) the ″Wilson project″ located in Lebel-sur-Quévillon (the ″ Wilson Property ″); (b) the ″Fenton project″ located in Chapais (the ″ Fenton Property ″); and (c) the ″Benoist project″ located in Miquelon (the ″ Benoist Property ″), together the ″ Properties ″.

During the four-year option period, Exploits shall have the sole and exclusive right and option to earn a 100% interest (the ″ Option ″) by paying Cartier an amount aggregating $1,750,000 in cash, issuing Cartier an aggregate of 9,250,000 common shares of Exploits and incurring not less than $12,250,000 in expenditures on the properties. The Agreement is conditional on Exploits obtaining all necessary regulatory approvals under the policies of the Canadian Securities Exchange (CSE) in connection therewith. Within ten (10) business days of the effective date, Cartier will receive an amount of $200,000 in cash and 1,750,000 common shares of Exploits. All shares issued to Cartier under the Agreement will be subject to a statutory four (4) month hold period.

Upon due exercise of the Option in respect of any of the Properties, Cartier will retain a 2.0% net smelter returns (″NSR″) production royalty (each, a ″ Royalty ″) over the applicable Property(ies). One-half of the Royalty (1.0% NSR) will be redeemable at the election of Cartier for a cash payment of $2,000,000 and the remaining half of the Royalty (1.0% NSR) will be redeemable at the election of Cartier for a cash payment of $20,000,000.

About Cartier Resources Inc.

Cartier Resources Inc., founded in 2006, is an exploration company based in Val-d’Or. The Company’s projects are all located in Québec, which consistently ranks among the world’s top mining jurisdictions. Cartier is advancing the development of its flagship Cadillac project.

Cautionary Statement

Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change, except as required by law

For further information, contact:
Philippe Cloutier, P. Geo.
President and CEO
Telephone: 819-856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com

Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Byron Allen is putting his broadcast TV stations up for sale.

Allen Media Group said on Monday it has retained investment bank Moelis & Co. to sell its group of 28 owned and operated broadcast TV stations, which are affiliated with ABC, NBC, CBS and Fox in 21 markets across the U.S.

In a news release, Allen said the company has invested more than $1 billion into acquiring the stations over the past six years and after receiving “numerous inquiries and written offers” for most of the stations, has decided to explore a sale.

The Allen Media Group stations join others that have recently hit the sale block. Last year, CNBC reported that Sinclair was exploring the sale of more than 30% of its stations. Apollo Global Management is also reportedly exploring a sale of its Cox Media Group portfolio of TV and radio stations.

Allen Media Group said a sale of the stations would significantly reduce its debt load. Earlier this year, the company refinanced a $100 million debt facility. While S&P Global Ratings said it expected the company to maintain sufficient liquidity over the next 12 months, it noted that Allen Media Group still maintained a junk rating and faced future debt risks.

Last year, CNBC reported that Allen Media Group had been consistently late in making payments to its network owners, in some cases as much as 90 days past due, with the payments totaling tens of millions of dollars throughout the year. The reason for the lateness had been unclear, and representatives for Allen Media Group declined to address the details of CNBC’s reporting.

The stations have also reportedly undergone layoffs.

Allen, a former comedian, founded Entertainment Studios, now known as Allen Media Group, in the early 1990s. He later formed Allen Media Group Broadcasting in 2019 and has built up his profile and business ever since with a string of smaller deals.

He has also become known for expressing interest in buying various media assets to bulk up his media empire. In recent years, he has made a $30 billion bid for Paramount Global when it was up for sale in 2024, as well as a $10 billion offer for ABC and other Disney networks, and he reportedly offered $3.5 billion for Paramount’s BET Media Group.

Disclosure: Comcast’s NBCUniversal is the parent company of CNBC and broadcast network NBC.

This post appeared first on NBC NEWS