GROW Stock Recent News

The US stock market has outperformed typical election year trends in the lead-up to the 2024 presidential election, with the S&P 500 posting significant gains. The index has surged 22% in the year-to-date, marking the best performance in nearly 90 years of election cycles, according to an analysis by U.S.

Despite the impressive rally of over 27% in gold prices since the start of the year, many mining stocks have yet to catch up. Frank Holmes, CEO of U.S.

U.S. Global Investors (NASDAQ:GROW) has announced an update to its stock repurchase program allowing it to purchase up to $5 million worth of stock, representing 14% of its market capitalization, between September 13, 2024 and December 31, 2024.

San Antonio, TX, Sept. 20, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (“the Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today announces an update to the stock repurchase program, allowing for the orderly and systematic repurchase of up to $5 million worth of the Company's common stock between September 13, 2024, and December 31, 2024. This represents 14% of the Company's market capitalization. This strategic move, combined with the ongoing monthly dividend program, reinforces the Company's dedication to delivering shareholder value through effective capital allocation and consistent returns.

U.S. Global Investors, Inc. (NASDAQ:GROW ) Q4 2024 Earnings Conference Call September 11, 2024 8:30 AM ET Company Participants Holly Schoenfeldt - Director, Marketing Frank Holmes - Chief Executive Officer & Chief Investment Officer Lisa Callicotte - Chief Financial Officer Holly Schoenfeldt [Starts Abruptly] The presenters for today's program are Frank Holmes, U.S. Global Investors' CEO and Chief Investment Officer; Lisa Callicotte, Chief Financial Officer; and myself, Holly Schoenfeldt, Director of Marketing. On the next slide, during this webcast we may make forward-looking statements about our relative business outlook.

U.S. Global Investors (NASDAQ:GROW) has reported solid financial results for the fiscal year ended June 30, 2024, amid challenging macroeconomic conditions.

SAN ANTONIO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with deep expertise in global markets and specialized sectors from gold mining to airlines, today announced operating revenues of approximately $11 million for the fiscal year ended June 30, 2024. The Company reported net income of $1.3 million, down from $3.1 million in the same period the previous year, largely due to a decrease in advisory fees stemming from lower assets under management (AUM). However, net investment income surged to $2.1 million, a remarkable 578% increase from the prior 12-month period.

There is a significant contrarian opportunity in the gold market, according to U.S. Global Investors (NASDAQ:GROW) CEO Frank Holmes.

San Antonio, TX, Sept. 04, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (Nasdaq: GROW) will host a webcast on Wednesday, September 11, 2024, at 07:30 a.m. Central time to discuss the company's results for the fiscal year 2024.­Financial data for the quarter will be released prior to the webcast.

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