Navitas stock soars as company advances 800V tech for NVIDIA AI platforms
Mark T. Haley, President of LIBERTY ALL STAR EQUITY FUND (NYSE:USA), acquired 1,500 shares of beneficial interest in the company on September 9, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $6.58, totaling $9,870. The fund, currently valued at $1.93 billion, offers an attractive dividend yield of ~11% and has maintained dividend payments for 39 consecutive years, according to InvestingPro data.
Following the transaction, Haley directly owns 156,470.821 shares of Liberty All Star Equity Fund, which includes dividend reinvestments. The fund trades with notably low price volatility and maintains a P/E ratio of 9.7x. InvestingPro analysis reveals additional key insights about the fund’s performance and valuation metrics in its comprehensive Pro Research Report, available to subscribers.
In other recent news, Americas Gold and Silver Corporation reported successful metallurgical testing at its Galena Complex in Idaho, confirming the ability to extract over 99% of antimony from copper concentrates. This development was achieved using Allihies Engineering Inc.’s proprietary Alkaline Selective Leaching technology, showcasing the potential to recover antimony previously unpaid in concentrate sales. Additionally, the company identified a high-grade upper extension of the 149 Vein at the Galena Complex through exploration drilling. Significant intercepts included 24,913 grams per ton of silver and 16.9% copper over 0.21 meters, with other drill holes demonstrating vertical continuity above the current mining level. Furthermore, during its annual meeting in Toronto, Americas Gold and Silver announced that shareholders approved all nominees for the company’s board of directors. The seven director nominees received strong support, with approval rates between 98.37% and 99.75%. These recent developments highlight ongoing exploration and corporate governance efforts by Americas Gold and Silver.
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