<p>2025 年將被銘記為貴金屬的突破之年，因為白銀和黃金都達到了顯著的新歷史高點。雖然來自 Benzinga 觀察名單 的黃金和白銀小型股取得了驚人的收益，但其他鋰和鋼鐵股票的表現也超出了各自的基準。總體而言，2025 年的觀察名單帶來了 281% 的回報。</p>
<h2>1. <strong>Volt Lithium</strong> (LibertyStream Infrastructure Partners)</h2>
<p>對於 Volt Lithium 來説，2025 年是一個變革之年。該公司更名為 <strong>LibertyStream Infrastructure Partners Inc.</strong> (OTC: VLTLF)，以迎合當前政府對商品獨立的支持。</p>
<p>該公司加大了直接鋰提取（DLE）測試的力度，處理了超過 350,000 桶鹽水，並進行了超過 2,500 次測試。它在 12 月實現了來自德克薩斯州二疊紀精煉單元的首批鋰碳酸鹽產出，年產量約為 10 噸電池級產品。</p>
<p>為了監督運營，首席執行官 <strong>Alex Wylie</strong> 在 <strong>二疊紀盆地</strong> 的房車中度過了數月。他的實地考察方法引起了行業關注，展示了項目的領導力。儘管仍處於無收入階段，但作為 DLE 的領導者之一，預計將在 2026 年實現生產增長並轉向商業銷售。</p>
<p>LibertyStream 的股票年初至今上漲了 295.00%。</p>
<h2><strong>2.</strong> <strong>Northern Superior Resources</strong></h2>
<p><strong>Northern Superior Resources, Inc.</strong> (OTC: NSUPF) 2025 年的故事圍繞着地下金屬盎司和企業退出展開。年初，Chibougamau 營地的勘探繼續提供高達 12 克/噸黃金的攔截。6 月的出色結果顯示礦化延伸超出了現有的礦坑輪廓，鞏固了其卓越的增長潛力。</p>
<p>當 <strong>IAMGOLD Corp</strong>. (NYSE: IAG) 在 10 月同意以每股 0.0991 IAMGOLD 股票加上每股 0.19 加元現金收購該公司時，工作得到了回報，並伴隨 <strong>ONGold</strong> 的分拆（每股 0.1957 股）。交易於 12 月 19 日完成。</p>
<p>在 2025 年，Northern Superior 的回報率為 493.75%。</p>
<h2><strong>3.</strong> <strong>Sierra Madre Gold and Silver</strong></h2>
<p><strong>Sierra Madre Gold and Silver Ltd.</strong> (OTC: SMDRF) 在 2025 年開始生產。<strong>La Guitarra</strong> 於 1 月重新啓動商業生產，生產約 165,000 盎司銀當量。由於價格上漲，該公司的收益從 480 萬美元增加到 550 萬美元，持續了三個季度。</p>
<p>然而，最好的還在後頭，該公司計劃進行工廠擴建。產能預計將從每天 500 噸擴展到 750-800 噸，到 2027 年達到每天 1,200-1,500 噸。</p>
<p>該礦還同意從 <strong>First Majestic Silver Corp.</strong> (NYSE: AG) 收購 <strong>Del Toro Silver Mine</strong>，該礦包括三個完全獲得許可的地下場地和一個每天處理 3,000 噸的加工電路。</p>
<p>Sierra Madre Gold and Silver 年初至今上漲了 300.00%。</p>
<h2>4. <strong>Friedman Industries</strong></h2>
<p><strong>Friedman Industries Inc.</strong> (NASDAQ: FRD) 年初表現平靜。第一季度的收益反映了財政第三季度，由於價格壓力和低訂單活動，導致淨虧損。政治不確定性也起到了作用，許多企業進入了觀望模式。</p>
<p>然而，第二季度的收益反彈，財政第四季度，銷售量激增至 166,500 噸，鋼鐵價格在關税壓力下上漲。</p>
<p>這一年的決定性時刻是 2025 年 9 月收購 <strong>Century Metals &amp; Supplies</strong>。此次收購帶來了新的產品線、先進的加工技術，並打開了新的市場——尤其是佛羅里達州。</p>
<p>Friedman Industries 的股票年初至今上漲了 35.19%。</p>
<p><strong>閲讀下一篇：</strong></p>
<ul>
<li><strong><em>銀行對石油的看法一致看跌——這是否是 2026 年的逆向機會？</em></strong></li>
</ul>
<p><em>圖片來源於 Shutterstock</em></p>

<p>在 2025 年，貴金屬實現了顯著的收益，Benzinga 的觀察名單帶來了 281% 的回報。主要表現者包括 Volt Lithium，該公司更名為 LibertyStream Infrastructure Partners，股票上漲了 295%；Northern Superior Resources 在被 IAMGOLD 收購後回報達 493.75%；而 Sierra Madre Gold and Silver 在進入生產階段時上漲了 300%。Friedman Industries 經歷了一個相對平靜的年份，但在收購後反彈，股票上漲了 35.19%。總體而言，這一年標誌着貴金屬及相關股票的突破</p>

<p>The year 2025 will be remembered as the breakthrough year for precious metals, as both silver and gold reached significant new all-time highs. While gold and silver juniors from Benzinga’s watchlist marked incredible gains, even other lithium and steel stocks outperformed their respective benchmarks. Overall, the 2025 watchlist delivered a 281% return.</p>
<div class="lb-trans"><p>2025 年將被銘記為貴金屬的突破之年，因為白銀和黃金都達到了顯著的新歷史高點。雖然來自 Benzinga 觀察名單 的黃金和白銀小型股取得了驚人的收益，但其他鋰和鋼鐵股票的表現也超出了各自的基準。總體而言，2025 年的觀察名單帶來了 281% 的回報。</p>
</div><h2>1. <strong>Volt Lithium</strong> (LibertyStream Infrastructure Partners)</h2>
<div class="lb-trans"><h2>1. <strong>Volt Lithium</strong> (LibertyStream Infrastructure Partners)</h2>
</div><p>For Volt Lithium, 2025 was a year of change. The firm was renamed to <strong>LibertyStream Infrastructure Partners Inc.</strong> (OTC: VLTLF), appealing to the current administration’s support for commodity independence.</p>
<div class="lb-trans"><p>對於 Volt Lithium 來説，2025 年是一個變革之年。該公司更名為 <strong>LibertyStream Infrastructure Partners Inc.</strong> (OTC: VLTLF)，以迎合當前政府對商品獨立的支持。</p>
</div><p>The firm ramped up its direct lithium extraction (DLE) testing, processing more than 350,000 barrels of brine and conducting more than 2,500 tests. It achieved its first lithium carbonate output in December from a Texas Permian refining unit sized at around 10 tons per annum of battery-grade product.</p>
<div class="lb-trans"><p>該公司加大了直接鋰提取（DLE）測試的力度，處理了超過 350,000 桶鹽水，並進行了超過 2,500 次測試。它在 12 月實現了來自德克薩斯州二疊紀精煉單元的首批鋰碳酸鹽產出，年產量約為 10 噸電池級產品。</p>
</div><p>To oversee operations, CEO <strong>Alex Wylie</strong> spent months in a camper in the <strong>Permian Basin</strong>. His boots-on-the-ground approach made industry news, showcasing the project’s leadership. Still pre-revenue, one of the DLE leaders should see a production ramp-up and pivot to commercial sales in 2026.</p>
<div class="lb-trans"><p>為了監督運營，首席執行官 <strong>Alex Wylie</strong> 在 <strong>二疊紀盆地</strong> 的房車中度過了數月。他的實地考察方法引起了行業關注，展示了項目的領導力。儘管仍處於無收入階段，但作為 DLE 的領導者之一，預計將在 2026 年實現生產增長並轉向商業銷售。</p>
</div><p>LibertyStream stock is up 295.00% year-to-date.</p>
<div class="lb-trans"><p>LibertyStream 的股票年初至今上漲了 295.00%。</p>
</div><h2><strong>2.</strong> <strong>Northern Superior Resources</strong></h2>
<div class="lb-trans"><h2><strong>2.</strong> <strong>Northern Superior Resources</strong></h2>
</div><p><strong>Northern Superior Resources, Inc.’s</strong> (OTC: NSUPF) 2025 story is all about ounces in the ground and a corporate exit. Early in the year, the exploration at the Chibougamau camp continued to deliver intercepts as high as 12g/t Au. Outstanding results continued in June, demonstrating mineralization extending beyond the existing pit shell and solidifying the exceptional growth potential.</p>
<div class="lb-trans"><p><strong>Northern Superior Resources, Inc.</strong> (OTC: NSUPF) 2025 年的故事圍繞着地下金屬盎司和企業退出展開。年初，Chibougamau 營地的勘探繼續提供高達 12 克/噸黃金的攔截。6 月的出色結果顯示礦化延伸超出了現有的礦坑輪廓，鞏固了其卓越的增長潛力。</p>
</div><p>The work paid off when, in October, <strong>IAMGOLD Corp</strong>. (NYSE: IAG) agreed to acquire the firm for 0.0991 IAMGOLD shares plus 0.19 Canadian dollars in cash per share, along with a spin-out of <strong>ONGold</strong> (0.1957 shares per share). The transaction closed on December 19.</p>
<div class="lb-trans"><p>當 <strong>IAMGOLD Corp</strong>. (NYSE: IAG) 在 10 月同意以每股 0.0991 IAMGOLD 股票加上每股 0.19 加元現金收購該公司時，工作得到了回報，並伴隨 <strong>ONGold</strong> 的分拆（每股 0.1957 股）。交易於 12 月 19 日完成。</p>
</div><p>In 2025, Northern Superior returned 493.75%.</p>
<div class="lb-trans"><p>在 2025 年，Northern Superior 的回報率為 493.75%。</p>
</div><h2><strong>3.</strong> <strong>Sierra Madre Gold and Silver</strong></h2>
<div class="lb-trans"><h2><strong>3.</strong> <strong>Sierra Madre Gold and Silver</strong></h2>
</div><p><strong>Sierra Madre Gold and Silver Ltd.</strong> (OTC: SMDRF) moved into production in 2025. <strong>La Guitarra</strong> restarted commercial production in January, producing about 165,000 silver-equivalent ounces. The firm’s earnings rose, buoyed by higher prices, from $4.8 million to $5.5 million over three quarters.</p>
<div class="lb-trans"><p><strong>Sierra Madre Gold and Silver Ltd.</strong> (OTC: SMDRF) 在 2025 年開始生產。<strong>La Guitarra</strong> 於 1 月重新啓動商業生產，生產約 165,000 盎司銀當量。由於價格上漲，該公司的收益從 480 萬美元增加到 550 萬美元，持續了三個季度。</p>
</div><p>Still, the best is yet to come, as the firm plans a plant expansion. The capacity should expand from 500 tons per day to 750-800 tons per day by mid-2026, and 1,200-1,500 tons per day by 2027.</p>
<div class="lb-trans"><p>然而，最好的還在後頭，該公司計劃進行工廠擴建。產能預計將從每天 500 噸擴展到 750-800 噸，到 2027 年達到每天 1,200-1,500 噸。</p>
</div><p>The miner has also agreed to acquire <strong>Del Toro Silver Mine</strong> from <strong>First Majestic Silver Corp.</strong> (NYSE: AG), which includes three fully permitted underground sites and a 3,000 tons per day processing circuit.</p>
<div class="lb-trans"><p>該礦還同意從 <strong>First Majestic Silver Corp.</strong> (NYSE: AG) 收購 <strong>Del Toro Silver Mine</strong>，該礦包括三個完全獲得許可的地下場地和一個每天處理 3,000 噸的加工電路。</p>
</div><p>Sierra Madre Gold and Silver has gained 300.00% year-to-date.</p>
<div class="lb-trans"><p>Sierra Madre Gold and Silver 年初至今上漲了 300.00%。</p>
</div><h2>4. <strong>Friedman Industries</strong></h2>
<div class="lb-trans"><h2>4. <strong>Friedman Industries</strong></h2>
</div><p><strong>Friedman Industries Inc.</strong> (NASDAQ: FRD) had a quiet beginning to the year. First-quarter earnings, reflecting the fiscal third quarter, resulted in a net loss due to pricing pressures and low order activity. The political uncertainty played a role, as numerous businesses entered a wait-and-see mode.</p>
<div class="lb-trans"><p><strong>Friedman Industries Inc.</strong> (NASDAQ: FRD) 年初表現平靜。第一季度的收益反映了財政第三季度，由於價格壓力和低訂單活動，導致淨虧損。政治不確定性也起到了作用，許多企業進入了觀望模式。</p>
</div><p>However, earnings rebounded in the second quarter, the fiscal fourth quarter, as sales volumes surged to 166,500 tons and steel prices rose amid tariff pressures.</p>
<div class="lb-trans"><p>然而，第二季度的收益反彈，財政第四季度，銷售量激增至 166,500 噸，鋼鐵價格在關税壓力下上漲。</p>
</div><p>The year’s defining moment was the September 2025 acquisition of <strong>Century Metals &amp; Supplies</strong>. The acquisition brought new product lines, advanced processing, and opened doors to new markets – notably Florida.</p>
<div class="lb-trans"><p>這一年的決定性時刻是 2025 年 9 月收購 <strong>Century Metals &amp; Supplies</strong>。此次收購帶來了新的產品線、先進的加工技術，並打開了新的市場——尤其是佛羅里達州。</p>
</div><p>Friedman Industries’ stock has gained 35.19% year-to-date.</p>
<div class="lb-trans"><p>Friedman Industries 的股票年初至今上漲了 35.19%。</p>
</div><p><strong>Read Next:</strong></p>
<div class="lb-trans"><p><strong>閲讀下一篇：</strong></p>
</div><ul>
<li><strong><em>Banks Are Unanimously Bearish On Oil – Is It The Contrarian Opportunity For 2026?</em></strong></li>
</ul>
<div class="lb-trans"><ul>
<li><strong><em>銀行對石油的看法一致看跌——這是否是 2026 年的逆向機會？</em></strong></li>
</ul>
</div><p><em>Image via Shutterstock</em></p>
<div class="lb-trans"><p><em>圖片來源於 Shutterstock</em></p>
</div>

三位數回報：分析 Benzinga 的 2025 年觀察名單