US LNG exports surge but will buyers in China turn up?
DENVER—Robert Milas, an Access Person of Liberty All Star Equity Fund (NYSE:USA), recently acquired 1,500 shares of beneficial interest in the fund, according to a filing with the Securities and Exchange Commission. The fund, with a market capitalization of $1.93 billion, has demonstrated strong performance with a 7.95% total return over the past year. The shares were purchased at a price of $6.66 each, totaling approximately $9,990. This transaction increases Milas’s holdings to 3,685.131 shares, which include dividend reinvestments. The fund currently offers an attractive 8.97% dividend yield and has maintained dividend payments for 39 consecutive years. InvestingPro analysis reveals several additional positive indicators for the fund, with more insights available in the comprehensive Pro Research Report.
In other recent news, Americas Gold and Silver Corporation reported a 5% increase in revenue for the full year of 2024, reaching $100.2 million. Despite the revenue growth, the company faced a net loss of $48.9 million, an increase from the previous year’s loss of $38.2 million. The company is focusing on ramping up its silver production, aiming for 80% of its revenues from silver by the end of 2025. To support its strategic goals, Americas Gold and Silver signed a $15 million financing deal with Trafigura. The company is also making significant operational improvements at its Galena complex, including equipment upgrades and new mining methods. On the financial front, Americas Gold and Silver has reduced its liabilities by approximately $43 million since a recent consolidation transaction. The company is optimistic about increasing production at its CoSLA operations and expects higher-grade silver-copper concentrates by the third quarter of 2025. Analyst coverage from Core Mark Securities has been initiated, indicating growing market attention.
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