da-kuk/E+ via Getty Images Shares of prison owner/operator The GEO Group, Inc. (NYSE:GEO) have rallied forcefully since June 2021, shortly after suspending its dividend, eventually reorganizing into a C-Corp to pay down debt. The move away from the real estate investment trust, or REIT, structure was compelled by a Biden administration executive order that prohibited…
Hitoshi Nishimura/The Image Bank via Getty Images The GEO Group (NYSE:GEO), a rehabilitation facilities company, has seen its share of adversity of the past few years. The company had to switch its corporate structure from a REIT to a C Corp, and consequently eliminated its dividend. Additionally, GEO has had to endure regulatory challenges and…
RHJ Introduction Fortuna Silver Mines (NYSE:FSM) released its third-quarter 2023 production results on October 5, 2022. Note: This article updates my May 19, 2022, article. Fortuna Silver Mines owns five production mines, including the Séguéla Mine in the Ivory Coast, which started to produce on May 24, 2023. FSM Map Assets (FSM Presentation) Third Quarter…
powerofforever/iStock via Getty Images After taking the stock to “Strong Buy” in May, GEO Group (NYSE:GEO) has continued to underperform. Let’s catch up on the name. Company Profile As a refresher, GEO owns, leases, and manages detention facilities. Its operations are primarily in the U.S., but it also serves facilities in Australia and South Africa…