Saul Centers, Inc.

Cerrado Gold maintains an attractive risk/reward profile, driven by Minera Don Nicolas' transformation into a robust cash flow generator. Q1 results highlight a dramatic AISC reduction from $1932 to $1348/oz and EBITDA growth, though cash flow quality remains a concern due to high reinvestment. Q2 production reached 15,415 GEO, supporting confidence in 50,000–60,000 GEO annual guidance, with operational stability and higher grades expected in H2.

seekingalpha.com - 2026-07-15 05:51:22

Saul Centers trades at a steep 7.84x price/book, up 30%, despite lagging peers in 3-year total return. BFS preferreds (BFS.PR.D, BFS.PR.E) yield 7.3% and 6.6% but lack credit ratings and trade below par. Moody's methodology suggests a Ba3 credit profile for BFS, implying B2 for its preferreds—signaling elevated credit risk.

seekingalpha.com - 2026-06-25 01:50:11

BETHESDA, Md., June 18, 2026 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on July 31, 2026, to holders of record on July 15, 2026.

prnewswire.com - 2026-06-18 16:10:00

Saul Centers has rallied 15% since mid-May, benefiting from stabilized DC-area fundamentals and ramping growth projects. BFS delivered Q1 FFO of $0.71, with same-property revenue up 7% and multifamily occupancy at a robust 97.6%. High leverage (55% debt/EV, 8x EBITDA) persists, but deleveraging is expected as new properties scale and contribute to earnings.

seekingalpha.com - 2026-06-10 12:32:36

BFS HIGHLIGHTS Base-case NPV of approximately US$670 million (and US$829 at 105% production) IRR of 20.2% at 100% production (and 23.1% at 105% production) significantly exceeding the Project's estimated WACC of 4.6%, indicating substantial value creation above the cost of funding After startup in 2028, indicative gross margin of approximately 50% at projected 2030 domestic pricing After startup in 2028, estimated specific operating costs of approximately US$520.2 per tonne by 2030 and US$581.2 per tonne in 2033, compared to projected domestic selling prices of approximately US$1,033 per tonne and US$1,196 per tonne, respectively Plant designed to reach full run-rate solar glass production of approximately 288,300 tonnes per annum from Year 5 of operations (SORG furnaces are designed to operate at up to 10% above their nominal capacity) Estimated payback period of approximately 7.6 years Estimated total initial CAPEX of approximately US$396.5 million, net of VAT and other local taxes Estimated annual revenue of US$ 294.3 million and OPEX of approximately US$143.3 million in 2030, and approximately US$ 344.9 / US$167.6 million in 2033 after ramp-up The glass furnace is designed for a 15-year operating campaign, with depreciation modeled conservatively over 20 years Project start contemplated in November 2026 subject to financing and advancement of detailed engineering and approvals Strategic location in Belmonte, Bahia, neighbouring Homerun's commanded low-iron silica sand mine and offering room for a potential second production line which market projections indicate as very likely to be required in the medium term The BFS projects 474 direct employees - 7 managers and 467 engineers and technical staff The plant design incorporates an on-site photovoltaic power system, reducing grid dependency and supporting the Company's lower-carbon production mandate No current solar pattern glass manufacturer identified in the Americas in the BFS, supporting a potential first-mover advantage for Homerun Project site video available here: VIDEO Vancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company"), a vertically integrated materials company advancing the Company's high-purity silica resources located in Belmonte, Bahia, Brazil, is pleased to announce the results of its Bankable Feasibility Study (the "BFS") for the Company's Solar Glass Manufacturing Plant to be located in Belmonte, Bahia, Brazil, adjacent to Homerun's low-iron silica sand resources. The BFS positively confirms that the Solar Glass Manufacturing Plant is technically and economically feasible and outlines a large-scale, antimony-free solar glass manufacturing operation designed to supply both Brazil's fast-growing solar sector and selected export markets.

newsfilecorp.com - 2026-05-12 08:15:00

BETHESDA, Md., May 7, 2026 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) (the "Company"), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended March 31, 2026 ("2026 Quarter").

prnewswire.com - 2026-05-07 16:14:00

Cerrado Gold (CRDOF) fundamentals have strengthened, with Minera Don Nicolas now generating robust cash flows and reducing liquidity pressure. CRDOF eliminated its hedging program, fully exposing operations to spot gold prices, enhancing margin potential amid strong gold markets. The company launched a 5% NCIB buyback, signaling management's confidence and alleviating previous dilution concerns.

seekingalpha.com - 2026-04-29 04:25:38