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Results from the second 2026 core hole continue to reinforce the significance of mapped high-angle structures as controls on gold mineralization at the SSD Target

Gold mineralization is open in all directions, especially down-dip into promising structural and stratigraphic settings that have never been drill-tested

T2601 and T2602 confirmed the presence of a lamprophyre-filled fault corridor; igneous rocks are noteworthy for their association with gold mineralization in Carlin-type gold systems

Vancouver, British Columbia, August 25, 2026 – TheNewswire - Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to announce assay results for the second core hole completed at the SSD Target (“SSD”), Toiyabe Hills Property, Lander County, NV (“Toiyabe Hills”, or the “Property”). T2601 and T2602 – drilled to total depths of 123 and 116 metres, respectively – were designed to 1) characterize the host rocks, hydrothermal alteration, and structure associated with gold mineralization at SSD, 2) verify the continuity of these features from their surface expression downward into the third dimension, 3) build upon the data gleaned from nearby trenching to further determine controls on gold mineralization (see Westward press release dated August 4, 2026), 4) apply these controls as a vector for upcoming deeper drilling and a tool for additional near-term SSD target development, and 5) modernize and upgrade previously-unconfirmed legacy data from the near-surface environment at SSD.

Key Takeaways:

T2602 intersected 34.9 metres of 2.91 g Au/t, including 4.1 metres of 16.15 g Au/t in silty limestone of the Wenban Formation; this broad zone of gold mineralization is characterized by pervasive decalcification, variable silicification, carbon, pyrite, variable clay alteration, and breccia associated with high-angle faults and penetrative shearing (see Figures 1 through 4 below). 

T2601 and T2602 have verified the presence of a lamprophyre-filled fault corridor, building upon prior observations of lamprophyre and quartz porphyry sills and dikes in and around the greater SSD Target area; these specific igneous rocks support the likelihood of a robust Carlin-type gold system on the Property. 

The gold intercepts in T2602 have reinforced the modeling of Fault-N and Fault-G as important controlling structures (originally identified through trenching and followed up on in hole T2601), with their hanging-wall zones demonstrating significant gold grades (see Figure 6 below). 

T2602 marks the first occurrence of orpiment logged in drill core to date – this bright yellow arsenic sulfide mineral typically forms as late-stage vein / fracture filling in Carlin-type systems, and is a key pathfinder mineral in early-stage gold exploration (see Figure 5 below). 

Elevated arsenic and antimony are associated with gold mineralization, providing further confirmation of a Carlin-type gold system. 

Figure 1 – T2602: Stratigraphy, Gold Grades, and Detailed Logging

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Figure 2 – SSD Target: 2026 Assay Results

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*UTM NAD83 Zone 11 Metres; Elevations: 2,309.2 m (T2601), 2,309.2 m (T2602).

Note: Gold intervals were calculated based on a 0.14 g Au/t cutoff grade. All gold intervals are presented as drill hole lengths; true thicknesses of mineralization are currently unknown and estimated at 50-70% of reported thicknesses. T2601 assay results were published on August 18, 2026. Refer to QA/QC statement below for additional details.

Mr. Steven Koehler, Westward’s Lead Technical Advisor, commented: “Relentless attention to detail – as I’m often reminded of by colleagues – is what ultimately drives success in Carlin-type gold exploration, and past discoveries have much to teach us in this regard. The data we’ve accumulated thus far at SSD (both legacy and current), and the exploration path it’s now leading us down, reminds me of a mid-1990’s program I led in the Carlin North region. The geological setting of these two areas is strikingly similar: near-surface gold mineralization in tandem with a zone of deeper, disseminated gold identified via sparse RC drilling. In the Carlin North example, initial trenching identified a 20-metre-wide gold-bearing fault cutting upper-plate rocks. As we continued to follow this structure down-dip, we drilled into a contiguous zone of upper-plate-hosted gold mineralization which evolved into the Crow Deposit. Deeper, framework-style drilling into favourable lower-plate carbonate rocks – along and adjacent to the fault – eventually resulted in the discovery and delineation of what is now the Pete Bajo underground mine.”

Mr. Koehler continued: “Geological themes and patterns tend to repeat in northern Nevada, and the many first-hand discovery lessons the technical team and I bring to the table will be invaluable as we advance SSD. T2602 has further confirmed that the SSD Target is a compelling opportunity, and we intend to aggressively explore the area with additional trenching, mapping, sampling and deeper drilling as near-term priorities.”

Figures 3 and 4 below display portions of the PQ-sized core that returned significant gold grades. The gold is predominantly hosted in silty limestone of the Devonian Wenban Formation, and the highest-grade samples are characterized by pervasive decalcification, secondary carbon flooding, elevated sooty pyrite, and breccia associated with penetrative shearing. Figure 5 below shows examples of logged orpiment in core, a significant pathfinder mineral in Carlin-type gold exploration; orpiment – similarly to realgar (both arsenic sulfide minerals) – commonly signals low-temperature hydrothermal activity linked to Carlin-style gold deposition.

Figure 3 – T2602 Select Core Photos (45.1 m – 49.7 m Depth)

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Figure 4 – T2602 Select Core Photos (49.7 m – 54.3 m Depth)

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Figure 5 – SSD Target: Examples of Orpiment Logged in T2602

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Note: Image on left from a depth of 88.7 metres, image on right from a depth of 90.1 metres.

SSD Target – Next Steps:

Gold mineralization encountered in T2601 and T2602 is open in all directions, most notably down-dip along controlling faults and into structural and stratigraphic settings that have never been tested. High-priority areas for upcoming drilling represent high-value targets in Nevada’s most favourable gold host rocks of the Wenban and underlying Roberts Mountains Formations.

Westward’s existing Plan of Operations with the U.S. Bureau of Land Management (“BLM”) over the SSD area is a significant strategic advantage, reducing permitting risk and enabling the Company to expand the scope of ground disturbance to accommodate additional roads, pads, and trenches in a timely manner. The season’s first reverse-circulation (“RC”) drill hole at SSD (T2603), was recently completed to a total depth of 396.2 metres, with the primary goal of testing the hanging-wall of Fault-G. Four deep RC holes are now planned to test down-dip extensions of gold mineralization in the hanging-wall of Fault-N (see Figure 6 below), along with additional step-out framework holes to the north and northeast; mapping, surface geochemistry, and geophysical surveys suggest the system may strengthen in these directions.

Figure 6 – SSD Target: Controlling Structures & Upcoming Drilling (Section View)

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Note: Section view looking northwest; 309-degree azimuth (LHS) and 316-degree azimuth (RHS), grades included on drill traces only shown if >0.5 g Au/t.

Hole details (all coordinates UTM NAD83 Zone 11 Metres):

T2601: Easting 522980, Northing 4432787, Elevation 2309.2, Azimuth 282, Inclination -70;

T2602: Easting 522980, Northing 4432790, Elevation 2309.2, Azimuth 311, Inclination -77;

T2603: Easting 522981.5, Northing 4432796.6, Elevation 2309.2, Azimuth 000, Inclination -90, TD 396.2 m;

SSD26-J: Easting 522245.1, Northing 4432710, Elevation 2190.6, Azimuth 000, Inclination -90, Estimated TD 914.4 m;

SSD26-K: Easting 522620, Northing 4432739, Elevation 2239.8, Azimuth 000, Inclination -90, Estimated TD 914.4 m;

SSD26-L: Easting 522721, Northing 4432552, Elevation 2205.1, Azimuth 000, Inclination -90, Estimated TD 914.4 m;

SSD26-M: Easting 522611, Northing 4432454, Elevation 2170.6, Azimuth 000, Inclination -90, Estimated TD 914.4 m.

Quality Assurance / Quality Control (“QA/QC”)

The Company implemented a best-practices QA/QC program during the drilling of core hole T2602. Drilling consisted of PQ-sized core from the collar to a total depth of 115.5 metres. All sampling was conducted under the supervision of the Company’s Vice President Exploration and/or members of its technical team, and the chain of custody from the Property to the sample preparation facility was continuously monitored. Samples were transported directly from the field to Modern Land and Development in Carlin, NV, where the individual sample intervals were cut in half and bagged for delivery.

Core samples were delivered to ALS Limited’s (“ALS”) preparation facility located in Elko, NV. Samples were dried at 100 degrees Celsius, crushed to 70% passing -2mm, Boyd rotary split off 250g, which was then pulverized to greater than 85% passing 75 microns. The resulting sample pulps were delivered to ALS’ laboratories at either 4977 Energy Way, Reno, NV, 89502 or 2103 Dollarton Hwy, North Vancouver, BC, V7H 0A7 for fire assay and multi-element assays.

Individual core samples for fire assay were selected at intervals ranging from 0.3m to 1.7m. Overall QA/QC frequency was set at a minimum of 15%, including standards, blanks, and three varieties of duplicates. Standards and blanks were sourced from Rocklabs of Aukland, New Zealand. Data verification of the analytical results included a statistical analysis of the standards, blanks and duplicates that must fall within specified ranges for acceptance. All standards, blanks and duplicates were checked and verified and are within these ranges. All core samples were analyzed for gold and 49 additional elements. Assays consisted of fire assay (Au-AA23) for gold on each individual sample. For multi-element geochemistry, composited intervals ranging between 5.8 metres to 7.8 metres were analyzed with four-acid analysis (ME-MS61m). Over-limit gold assays were determined using fire assay with a gravimetric finish (Au-GRA21) on a 30-gram split.

The significant gold zones were calculated using a weighted average of interval lengths and a cut-off grade of 0.14 g Au/t was employed, however internal dilution may include up to 6.7 metres of material below the cut-off. Drill-hole deviation for T2602 was measured by a gyroscopic down-hole survey completed by IDS of Elko, NV. The survey provides accurate down hole inclination and azimuth of the hole. Obtaining an accurate survey of the drill hole leads to a better contextual understanding of the core samples, and a more robust 3D geological model All gold intervals are presented as drill hole lengths; true thicknesses of mineralization are currently unknown and estimated at 50-70% of reported thicknesses. Refer to Westward Gold’s press release dated August 18, 2026, for additional T2601-specific QA/QC disclosure.

Qualified Person

The technical information contained in this news release was reviewed and approved by Robert Edie, Vice President Exploration of the Company, who is a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Edie is a Certified Professional Geologist (CPG) through the American Institute of Professional Geologists (AIPG).

About Westward Gold

Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills Project located in the Cortez Trend area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities.

For further information contact:

Andrew Nelson
Chief Financial Officer
Westward Gold Inc.
+1 (604) 828-7027

[email protected]

www.westwardgold.com

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.

This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes, or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "believe", "anticipate", "intend", "estimate”, “potential”, “on track”, “forecast", "budget", “target”, “outlook”, “continue”, “plan” or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved or the negative connotation of such terms.

Such statements include, but may not be limited to, information as to strategy, plans or future financial or operating performance, such as the Company’s expansion plans, project timelines, expected drilling targets, and other statements that express management’s expectations or estimates of future plans and performance.

Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company’s properties; the effect of changes in commodity prices; regulatory risks that development of the Company’s material properties will not be acceptable for social, environmental or other reasons, availability of equipment (including drills) and personnel to carry out work programs, that each stage of work will be completed within expected time frames, that current geological models and interpretations prove correct, the results of ongoing work programs may lead to a change of exploration priorities, and the efforts and abilities of the senior management team. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements or information. These and other factors may cause the Company to change its exploration and work programs, not proceed with work programs, or change the timing or order of planned work programs. Additional risk factors and details with respect to risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company’s latest management discussion and analysis under “Risks and Uncertainties”, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company’s forward-looking statements and information are based on the assumptions, beliefs, expectations, and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.

The first 2026 core hole at SSD confirmed that the observed controls on gold mineralization – as interpreted from recent trenching – are compelling target vectors

T2601 encountered significant zones of hydrothermal alteration coincident with high-grade Carlin-style gold, including pervasive decalcification, clay, breccia, and pyrite

A deep-capacity RC drill rig has arrived at the Property and is currently advancing T2603, one of several planned down-dip tests of these newly-modelled controls on gold mineralization

Vancouver, British Columbia, August 18, 2026 – TheNewswire - Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to announce assay results for the first core hole completed at the SSD Target (“SSD”), Toiyabe Hills Property, Lander County, NV (“Toiyabe Hills”, or the “Property”). T2601 – drilled to a total depth of approximately 123 metres – was designed to 1) characterize the host rocks, hydrothermal alteration, and structure associated with down-hole gold mineralization at SSD, 2) verify the continuity of these features from their surface expression downward into the third dimension, 3) build upon the data gleaned from nearby trenching to further determine controls on gold mineralization (see Westward press release dated August 4, 2026), 4) apply these controls as a vector for upcoming deeper drilling and a tool for additional near-term SSD target development, and 5) modernize and upgrade previously-unconfirmed legacy data from the near-surface environment at SSD.

Key Takeaways:

T2601 intersected 12.0 metres of 8.06 g Au/t within 27.0 metres of 3.72 g Au/t in micrite and silty limestone of the Wenban Formation, a thick sequence of carbonate rocks that are well-documented gold hosts in the Cortez District. 

The higher-grade sub-interval is controlled by a high-angle fault zone and characterized by breccia, decalcification, pervasively shattered rock, clay, and elevated sooty pyrite (see Figures 1, 3 and 4 below). The style and intensity of these alteration features – and their association with pervasively-broken rock – is typical of Carlin-type gold deposits throughout northern Nevada. 

Gold mineralization sits in the immediate footwall of the Roberts Mountains Thrust (“RMT”) and an igneous dike, and is focused in the hanging wall of the WNW-striking N-Fault and hanging wall of the G-Fault corridor; the down-dip projection of this gold setting is slated for upcoming reverse-circulation (“RC”) drilling. 

The recognition of high-angle structural controls on gold mineralization is a significant development at SSD; legacy interpretations indicated that gold was predominantly stratiform and/or parallel with the RMT. 

Figure 1 – T2601: Stratigraphy, Gold Grades, and Detailed Logging

Click Image To View Full Size

Mr. Robert Edie, Vice President Exploration, noted: “We’re very pleased with the results from this first core hole of 2026, primarily because it offers the first evidence that the gold controls we recently observed in the nearby trench still persist as we follow these structures into the sub-surface. Now with the arrival of the first RC rig, our drilling production will ramp up significantly and our target models will be continuously refined as more detailed logging and assay results are incorporated. From the very limited deeper drilling in and around the greater SSD area, we know there is a horizon of flat-lying gold mineralization in zones that range from 9.1 to 50.3 metres thick with gold grades of 0.34 to 3.03 g Au/t; often times this mineralization is strongly oxidized with abundant limonite and hematite. Intersections of high-angle controlling structures with the deeper low-angle structural zone will be the focus of our first RC holes. We’re very excited to learn more about this complex and highly-promising target in the coming months.”

Figure 2 – T2601 Assay Results

Click Image To View Full Size

Note: Gold intervals were calculated based on a 0.14 g Au/t cutoff grade. All gold intervals are presented as drill hole lengths; true thicknesses of mineralization are currently unknown and estimated at 50-70% of reported thicknesses. Refer to QA/QC statement below for additional details.

Figures 3 and 4 below display portions of the PQ-sized core that returned significant gold grades. The gold is hosted in micrite and silty limestone of the Devonian Wenban Formation, and the highest-grade samples are characterized by decalcification, secondary carbon emplacement, elevated sooty pyrite, faulting and clay alteration associated with brecciation. This sheared and brecciated fault zone formed a fluid conduit for Carlin-type gold deposition, with additional dissemination at its margins. The 6.44 g Au/t sample at the beginning of the core box in Figure 3, and the 7.92 g Au/t sample at the end of the core box in Figure 4, contain selvages of silicification – another important alteration type in Carlin-type gold deposits.

Figure 3 – T2601 Select Core Photos (57.3 m – 61.1 m Depth)

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Figure 4 – T2601 Select Core Photos (64.2 m – 67.4 m Depth)

Click Image To View Full Size

Target Vectors – Upcoming RC Drilling:

RC drilling is now underway at the SSD Target, with T2603 in progress from site SSD26-A to test the margins of the near-vertical Fault-G (see press release dated August 4, 2026, for additional information). Data from T2601 (building upon trenching results and interpretations) have reinforced the significance of Fault-N, with down-dip tests of that structure planned from pads SSD26-J and SSD26-K. Results from core hole T2602 (pending) will further refine the model ahead of these deep vertical RC holes (see Figure 5 below). Strategic step-out drilling – including down-dip and along strike of controlling structures – will enhance the Company’s understanding of the high-grade geometry at SSD enable future drilling to target the highest-grade environments.

Figure 5 – T2301/Trench Gold Mineralization, Fault N Projection & Upcoming Drilling (Section View)

Click Image To View Full Size

Note: Section view looking northwest; 307-degree azimuth, grades included on drill / trench traces only shown if >0.5 g Au/t.

Digital Marketing Services Agreement

The Company has engaged Senergy Communications Capital Inc. ("Senergy") to provide digital marketing services (the "Services") for a period of four months, and Westward has paid Senergy a fee of one hundred thousand Canadian dollars for this engagement period. The Services include content creation, strategic messaging, corporate communications, and other online and social media marketing strategies. The material disseminated will be generated using publicly-available information. For more information regarding Senergy, please visit: www.senergy.capital. Senergy and its affiliates currently hold no shares in Westward Gold Inc. Senergy may, however, purchase or sell Company securities in the open market or through other means based on market conditions and other factors. Senergy is at arm's length to Westward, has no other relationship with the Company and neither Senergy nor its principal, Aleem Fidai, has any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as disclosed herein. Senergy is located at 1122 Mainland St #228, Vancouver, BC V6B 5L1 and can be contacted at (778) 772-6740 or at [email protected].

Quality Assurance / Quality Control (“QA/QC”)

The Company implemented a best-practices QA/QC program during the drilling of core hole T2601. Drilling consisted of PQ-sized core from the collar to a total depth of 122.7 meters. All sampling was conducted under the supervision of the Company’s Vice President Exploration and/or members of its technical team, and the chain of custody from the Property to the sample preparation facility was continuously monitored. Samples were transported directly from the field to Modern Land and Development in Carlin, NV, where the individual sample intervals were cut in half and bagged for delivery.

Core samples were delivered to ALS Limited’s (“ALS”) preparation facility located in Elko, NV. Samples were dried at 100 degrees Celsius, crushed to 70% passing -2mm, Boyd rotary split off 250g, which was then pulverized to greater than 85% passing 75 microns. The resulting sample pulps were delivered to ALS’ laboratories at either 4977 Energy Way, Reno, NV, 89502 or 2103 Dollarton Hwy, North Vancouver, BC, V7H 0A7 for fire assay and multi-element assays.

Individual core samples for fire assay were selected at intervals ranging from 0.5m to 2.1m. Overall QA/QC frequency was set at a minimum of 15%, including standards, blanks, and three varieties of duplicates. Standards and blanks were sourced from Rocklabs of Aukland, New Zealand. Data verification of the analytical results included a statistical analysis of the standards, blanks and duplicates that must fall within specified ranges for acceptance. All standards, blanks and duplicates were checked and verified and are within these ranges. All core samples were analyzed for gold and 49 additional elements. Assays consisted of fire assay (Au-AA23) for gold on each individual sample. For multi-element geochemistry, composited intervals ranging between 4.9 meters to 7.0 meters were analyzed with four-acid analysis (ME-MS61m).

The significant gold zones are weight-averaged and a cut-off grade of 0.14 g Au/t was employed, however internal dilution may include up to 4.0 metres of material below the cut-off. Drill-hole deviation for T2601 was measured by a gyroscopic down-hole survey completed by IDS of Elko, NV. The survey provides accurate down hole inclination and azimuth of the hole. Obtaining an accurate survey of the drill hole leads to a better contextual understanding of the core samples, and a more robust 3D geological model All gold intervals are presented as drill hole lengths; true thicknesses of mineralization are currently unknown and estimated at 50-70% of reported thicknesses

Qualified Person

The technical information contained in this news release was reviewed and approved by Robert Edie, Vice President Exploration of the Company, who is a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Edie is a Certified Professional Geologist (CPG) through the American Institute of Professional Geologists (AIPG).

About Westward Gold

Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills Project located in the Cortez Trend area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities.

For further information contact:

Andrew Nelson
Chief Financial Officer
Westward Gold Inc.
+1 (604) 828-7027

[email protected]

www.westwardgold.com

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.

This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes, or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "believe", "anticipate", "intend", "estimate”, “potential”, “on track”, “forecast", "budget", “target”, “outlook”, “continue”, “plan” or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved or the negative connotation of such terms.

Such statements include, but may not be limited to, information as to strategy, plans or future financial or operating performance, such as the Company’s expansion plans, project timelines, expected drilling targets, and other statements that express management’s expectations or estimates of future plans and performance.

Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company’s properties; the effect of changes in commodity prices; regulatory risks that development of the Company’s material properties will not be acceptable for social, environmental or other reasons, availability of equipment (including drills) and personnel to carry out work programs, that each stage of work will be completed within expected time frames, that current geological models and interpretations prove correct, the results of ongoing work programs may lead to a change of exploration priorities, and the efforts and abilities of the senior management team. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements or information. These and other factors may cause the Company to change its exploration and work programs, not proceed with work programs, or change the timing or order of planned work programs. Additional risk factors and details with respect to risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company’s latest management discussion and analysis under “Risks and Uncertainties”, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company’s forward-looking statements and information are based on the assumptions, beliefs, expectations, and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.

Posted by Defense World Staff on Aug 12th, 2026

Bank of America Corp DE raised its stake in Simpson Manufacturing Company, Inc. (NYSE:SSD – Free Report) by 4.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 291,314 shares of the construction company’s stock after buying an additional 11,272 shares during the period. Bank of America Corp DE owned about 0.71% of Simpson Manufacturing worth $49,995,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of SSD. EverSource Wealth Advisors LLC boosted its holdings in shares of Simpson Manufacturing by 135.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 160 shares of the construction company’s stock worth $25,000 after buying an additional 92 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Simpson Manufacturing during the fourth quarter valued at about $28,000. Los Angeles Capital Management LLC bought a new stake in Simpson Manufacturing during the 4th quarter worth approximately $32,000. Brown Brothers Harriman & Co. bought a new stake in Simpson Manufacturing during the third quarter worth $34,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Simpson Manufacturing in the 1st quarter valued at about $37,000. Institutional investors own 93.68% of the company’s stock.

Simpson Manufacturing Stock Performance Shares of Simpson Manufacturing stock opened at $199.68 on Wednesday. The company has a market capitalization of $8.21 billion, a PE ratio of 21.82 and a beta of 1.31. Simpson Manufacturing Company, Inc. has a 52 week low of $156.32 and a 52 week high of $213.49. The stock’s fifty day moving average is $194.13 and its two-hundred day moving average is $187.93. The company has a quick ratio of 2.14, a current ratio of 3.29 and a debt-to-equity ratio of 0.15.

Simpson Manufacturing (NYSE:SSD – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The construction company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.72 by $0.37. Simpson Manufacturing had a net margin of 15.65% and a return on equity of 18.45%. The company had revenue of $671.08 million during the quarter, compared to analyst estimates of $658.76 million. During the same quarter last year, the business posted $2.47 EPS. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, analysts expect that Simpson Manufacturing Company, Inc. will post 9.09 earnings per share for the current year.

Simpson Manufacturing Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 22nd. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, October 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.6%. Simpson Manufacturing’s dividend payout ratio (DPR) is currently 13.11%.

Wall Street Analyst Weigh In Several research analysts have recently weighed in on the company. Wall Street Zen downgraded Simpson Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Stifel Nicolaus increased their target price on shares of Simpson Manufacturing from $217.00 to $218.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Robert W. Baird upped their price target on Simpson Manufacturing from $216.00 to $220.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. UBS Group reissued a “neutral” rating on shares of Simpson Manufacturing in a research report on Tuesday, July 28th. Finally, DA Davidson raised their price objective on shares of Simpson Manufacturing from $200.00 to $212.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Simpson Manufacturing has an average rating of “Hold” and a consensus price target of $216.25.

Check Out Our Latest Stock Analysis on Simpson Manufacturing

About Simpson Manufacturing (Free Report)

Simpson Manufacturing Co, Inc, through its Simpson Strong-Tie® brand, is a leading global supplier of structural building products. The company specializes in the design, testing, manufacture and supply of connectors, anchors, fasteners and lateral systems that enhance the safety and performance of wood, concrete and masonry structures. Its product portfolio also includes repair and strengthening systems, concrete reinforcement and high-performance adhesives used in residential, commercial and industrial construction projects.

Founded in 1956 by Barclay Simpson in Oakland, California, Simpson Manufacturing has grown from a single product business into a diversified manufacturer with worldwide operations.

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Industry's First SSD Optimized for GPU Direct Access Recognized in the 'Specialized Storage' Category

TOKYO--(BUSINESS WIRE)--Kioxia Corporation today announced that its KIOXIA GP Series PCIe® NVMe™ SSD has received the FMS: the Future of Memory and Storage ‘Best of Show’ award in the ‘Specialized Storage’ category. The Best of Show Awards recognize product and solution excellence, honoring companies and technologies shaping the future of the memory and storage industry.

Purpose-built for AI infrastructure, the KIOXIA GP1 PCIe 6.0 SSD is part of the GP Series which is the industry's first*1 Super High IOPS PCIe® SSD optimized for GPU direct access. Powered by KIOXIA XL-FLASH™ generation 2 low-latency flash memory, it delivers up to 10 million random read IOPS*2 with 512-byte data access, enabling flash to serve as a high-performance memory extension tier that helps improve GPU utilization for AI workloads.

"As AI infrastructure evolves, storage is becoming a critical enabler of next-generation system architectures," said George Mullins, Conference Director, Future of Memory and Storage. "The KIOXIA GP Series reflects KIOXIA's continued innovation in flash memory and AI storage technologies. By addressing emerging AI infrastructure requirements with a forward-looking storage architecture, the KIOXIA GP Series stands out as a deserving recipient of this year's FMS Best of Show award in the Specialized Storage category."

By extending High Bandwidth Memory (HBM) with a high-performance flash tier, the KIOXIA GP1 Series enables AI systems to efficiently access larger datasets without relying solely on costly in-node HBM or DRAM expansion. Built on KIOXIA XL-FLASH generation 2 memory with a PCIe® 6.0 and NVMe™ 2.2 interface, the architecture is designed to scale from today's 10 million random read IOPS to future generations targeting 100 million IOPS.

Evaluation samples of KIOXIA GP1 Series will be available to select customers by the end of 2026.

Notes:
*1: As of March 16, 2026, based on Kioxia survey.
*2: Read and write speed may vary depending on various factors such as host devices, software (drivers, OS etc.), and read/write conditions.

Definition of capacity: Kioxia Corporation defines a megabyte (MB) as 1,000,000 bytes, a gigabyte (GB) as 1,000,000,000 bytes and a terabyte (TB) as 1,000,000,000,000 bytes. A computer operating system, however, reports storage capacity using powers of 2 for the definition of 1GB = 2^30 bytes = 1,073,741,824 bytes and 1TB = 2^40 bytes = 1,099,511,627,776 bytes and therefore shows less storage capacity. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system, and/or pre-installed software applications, or media content. Actual formatted capacity may vary.

NVMe is a registered or unregistered trademark of NVM Express, Inc. in the United States and other countries.

PCIe are registered trademarks of PCI-SIG.

Other company names, product names and service names may be trademarks of third-party companies.

About Kioxia
Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with “memory” by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, automotive systems, data centers and generative AI systems.

*Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.

More News From Kioxia Corporation

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DIRTT Environmental Solutions (NASDAQ:DRTT – Get Free Report) and Simpson Manufacturing (NYSE:SSD – Get Free Report) are both industrials companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, dividends, profitability, institutional ownership, risk, analyst recommendations and valuation.

Volatility & Risk DIRTT Environmental Solutions has a beta of 1.2, meaning that its share price is 20% more volatile than the S&P 500. Comparatively, Simpson Manufacturing has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500.

Analyst Recommendations This is a summary of recent ratings and target prices for DIRTT Environmental Solutions and Simpson Manufacturing, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score DIRTT Environmental Solutions 0 0 0 0 0.00 Simpson Manufacturing 1 2 3 0 2.33 Simpson Manufacturing has a consensus target price of $216.25, suggesting a potential upside of 12.49%. Given Simpson Manufacturing’s stronger consensus rating and higher probable upside, analysts plainly believe Simpson Manufacturing is more favorable than DIRTT Environmental Solutions.

Profitability This table compares DIRTT Environmental Solutions and Simpson Manufacturing’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets DIRTT Environmental Solutions -12.81% -150.32% -15.10% Simpson Manufacturing 15.65% 18.45% 12.32% Earnings & Valuation This table compares DIRTT Environmental Solutions and Simpson Manufacturing”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio DIRTT Environmental Solutions $170.63 million 0.37 -$54.96 million ($0.25) -2.42 Simpson Manufacturing $2.33 billion 3.39 $345.08 million $9.15 21.01 Simpson Manufacturing has higher revenue and earnings than DIRTT Environmental Solutions. DIRTT Environmental Solutions is trading at a lower price-to-earnings ratio than Simpson Manufacturing, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership 58.7% of DIRTT Environmental Solutions shares are held by institutional investors. Comparatively, 93.7% of Simpson Manufacturing shares are held by institutional investors. 40.5% of DIRTT Environmental Solutions shares are held by company insiders. Comparatively, 0.3% of Simpson Manufacturing shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary Simpson Manufacturing beats DIRTT Environmental Solutions on 13 of the 14 factors compared between the two stocks.

About DIRTT Environmental Solutions (Get Free Report)

DIRTT Environmental Solutions Ltd. operates as a interior construction company in Canada. Its ICE software provides the industrialized construction system to design, visualize, organize, configure, and install the job. The company offers interior solutions to doors, casework, timber, electrical, networks, access floors, solid, glass, combination, leaf folding, and headwalls. It serves retail, technology, hospitality, manufacturing, energy, healthcare, education, government, military, professional, and financial service sectors. DIRTT Environmental Solutions Ltd. was incorporated in 2003 and is headquartered in Calgary, Canada.

About Simpson Manufacturing (Get Free Report)

Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products. It also provides connectors and lateral products for wood framing, timber and offsite construction, structural steel construction, and cold-formed steel applications; and mechanical and adhesive anchors for concrete and masonry construction applications. In addition, the company offers engineering and design services, as well as software solutions that facilitate the specification, selection, and use of its products. It markets its products to the residential construction, light industrial and commercial construction, infrastructure construction, remodeling, and do-it-yourself markets in the United States, Canada, France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Spain, Italy, Romania, Sweden, Norway, Australia, New Zealand, China, Taiwan, and Vietnam. The company was founded in 1956 and is headquartered in Pleasanton, California.

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Assay results confirm several laterally-significant gold zones in the first of three trenches excavated at the SSD Target, with individual samples grading up to 17.90 g Au/t

Anaconda-style mapping has been completed to improve modeling of structural controls on gold mineralization in the area, and upcoming drilling will test these relationships at depth

The confluence of extensive hydrothermal alteration in upper-plate and lower-plate rocks, lamprophyre dikes, and high-grade gold, speaks to the overall strength of system at SSD

Vancouver, British Columbia, August 4, 2026 – TheNewswire - Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to announce assay results and mapping interpretations for the first of three trenches completed over the SSD Target (“SSD”) at the Company’s Toiyabe Hills Property in Lander County, NV (“Toiyabe Hills”, or the “Property”). The 177-metre trench – part of Westward’s 468-metre program in advance of drilling – was completed near the Roberts Mountains Thrust and primarily designed to 1) expose bedrock for continuous chip channel sampling and Anaconda-style mapping in an area of poor to no outcrop, and 2) improve the Company’s understanding of structural controls on gold mineralization at SSD, to further refine upcoming drill tests.

Key Takeaways:

Five gold zones were identified in the trench (using a cut-off of 0.14 g Au/t), including a significant sub-interval of 13.4 metres of 6.55 g Au/t, within 34.8 metres of 2.84 g Au/t. The ability to produce high-grade gold is a notable characteristic of major systems in the Cortez District.  

Structural controls on gold mineralization include the Roberts Mountains Thrust, and high-angle NE- and NW-striking faults, with the latter primed for follow-up tests at depth. 

Laterally-extensive hydrothermal alteration was observed in both upper-plate siliciclastic rocks and lower-plate carbonate rocks. 

Two oxidized and clay-altered lamprophyre dikes were exposed along WNW-striking faults, another key feature of significant Carlin-style gold deposits in the region.  

The first two shallow core holes completed at SSD (T2601 and T2602, assays pending) were drilled proximal to this trench and will further confirm structural and stratigraphic controls on gold mineralization, with the first of two reverse-circulation (“RC”) drill rigs expected to arrive in the coming days to begin deeper tests. 

Figure 1 – SSD Target: 2026 Trenching Program

Click Image To View Full Size

Mr. Steve Koehler, Westward’s Lead Technical Advisor, noted: “I’ve been mapping this ground and re-logging historical drill holes for many years now, and this trench has been eye-opening in several regards. SSD has always been an enigma, very structurally complex and poorly understood in terms of controls on gold mineralization. Exposing bedrock over a significant distance has allowed us to properly characterize and measure the elusive (previously-buried) high-angle faults that likely represent a vital part of the plumbing system driving grade at SSD. Now, we’ll sharp-shoot the intersection of these high-angle structures and the flat-lying zone of deeper oxidation and deformation that Westward previously identified in the favourable Wenban Formation. It’s hard to come by a more compelling set of targets in Carlin-type exploration and we’re very excited to get holes down imminently.”

Figure 2 – Trenching Assay Results (West to East)

Click Image To View Full Size

Note: Gold intervals were calculated based on a 0.14 g Au/t cutoff grade. All gold intervals are presented as trench lengths and true thicknesses of mineralization are currently unknown and estimated to be approximately 70-90% of the reported interval lengths.

Technical Details – Significant Gold Zones:

Throughout the trench, elevated gold was associated with elevated arsenic, antimony, and mercury – as expected in a Carlin-type setting. Detailed 1:500-scale Anaconda-style mapping was completed and digitized (see Figure 3 below), to identify alteration type and intensity, and model structures (strikes and dips) with increased precision. Gaining a better understanding of how these structures correlate to grade distribution across the SSD Target – with the added benefit of the Company’s substantial drill hole re-logging program – will render upcoming drilling more efficient.

3.0m of 0.98 g Au/t: Gold associated with brecciated and clay-altered cherty mudstone. 

34.8m of 2.84 g Au/t: Broader interval including two higher-grade gold zones with individual samples ranging up to 17.90 g Au/t; associated with quartz stringers, limonite, and specular hematite in a chert/mudstone/siltstone sequence. 

18.9m of 0.14 g Au/t: Gold hosted in a thrust zone and in the immediate footwall of a lamprophyre dike. The larger zone is characterized by weak clay, quartz stringers and local shearing. 

26.2m of 0.83 g Au/t: Broader interval is dominated by three unique 318- to 322-degree-striking high-angle faults, clay alteration, and quartz stringers; the higher-grade sub-interval is pervasively clay-altered with limonitic oxidation between two of the NW-striking faults. These structures appear to have some influence on gold grades. 

6.1m of 0.21 g Au/t: Mineralization along a normal fault that juxtaposes upper-plate siliciclastic rocks (hanging wall to the west) against lower-plate carbonate rocks in the footwall. Breccia, clay, quartz stringers, decalcification and limonite occur in this zone. 

Figure 3 – Trench Structure & Alteration Map w/ Gold Assays

Click Image To View Full Size

Upcoming Drill Targeting:

By modeling the newly-identified structures in 3D using Leapfrog and examining their relationship to gold mineralization – both in the trench at surface and in historical drilling – new targets have emerged, and previously-planned holes have been refined. Figures 4 and 5 below illustrates two important, likely gold-controlling high-angle faults identified via trenching (Fault N and Fault G).

Fault N: NW-striking fault plunging to the southwest (307 azimuth, 62-degree dip) – legacy drilling highlights shallow zones of gold concentrated in the hanging wall of this fault. Two deeper vertical RC holes are now planned from new sites SSD26-J and SSD26-K to test the down-dip extension of this structure where no previous holes have been drilled. 

Fault G: NW-striking, near-vertical fault (318 azimuth, 86-degree southwest dip) – two of the deepest historical holes in the area encountered gold zones at a similar horizon in both the hanging wall and footwall of this structure (336 metres apart). A vertical RC hole is planned from site SSD26-A to test closer to the margins of the fault where mineralization may be more concentrated.  

Figure 4 – Fault N Projection & Upcoming Drill Targets (Section View)

Click Image To View Full Size

Note: Section view looking northwest (309-degree azimuth); 50-metre-thick section slice; grades included on drill traces only shown if >0.5 g Au/t; certain historical drill traces omitted for clarity.

Figure 5 – Fault N Projection & Upcoming Drill Targets (Section View)

Click Image To View Full Size

Note: Section view looking northwest (309-degree azimuth); 50-metre-thick section slice; grades included on drill traces only shown if >0.5 g Au/t; certain historical drill traces omitted for clarity.

Quality Assurance / Quality Control (“QA/QC”)

The Company implemented a best-practices QA/QC program during its 2026 trenching campaign. All sampling was conducted under the supervision of the Company’s Vice President Exploration and/or members of its technical team, and the chain of custody from the Property to the sample preparation facility was continuously monitored. Samples were transported directly from the field to ALS's facility located at 1345 Water St, Elko, NV, 89801. Samples were dried at 100 degrees Celsius, crushed to 70% passing -2mm, Boyd rotary split off 250g and pulverized the split to better than 85% passing 75 microns. Fire assay and multi-element analysis were completed at ALS laboratories either at 4977 Energy Way, Reno, NV, 89502 or 2103 Dollarton Hwy, North Vancouver, BC, V7H 0A7. Trench samples were collected at intervals ranging from 1.2 metres to 3.4 metres. The significant gold zones are weight-averaged, and some intervals contain material grading <0.14 g Au/t. Certified standards and blanks were inserted at the beginning of the trench and every 17 samples within the trench for a frequency of 6%. Standards and blanks were sourced from MEG LLC of Lamoille, NV and Rocklabs of Auckland, New Zealand.  Data verification of the analytical results included a statistical analysis of the standards and blanks that must fall within a specified range for acceptance. All standards and blanks were within these ranges. All samples were analyzed for gold and 49 additional elements. Assays consist of fire assays (Au-ICP21) for gold, and four-acid analysis (ME-MS61m) for multi-element geochemistry. GPS coordinates were collected at the beginning and end of each individual trench sample. The XYZ coordinates were used to calculate the lengths, azimuths, and inclinations of the continuous samples.  

  Qualified Person

The technical information contained in this news release was reviewed and approved by Robert Edie, Vice President Exploration of the Company, who is a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Edie is a Certified Professional Geologist (CPG) through the American Institute of Professional Geologists (AIPG).

About Westward Gold

Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills Project located in the Cortez Trend area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities.

For further information contact:

Andrew Nelson
Chief Financial Officer
Westward Gold Inc.
+1 (604) 828-7027

[email protected]

www.westwardgold.com

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.

This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes, or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "believe", "anticipate", "intend", "estimate”, “potential”, “on track”, “forecast", "budget", “target”, “outlook”, “continue”, “plan” or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved or the negative connotation of such terms.

Such statements include, but may not be limited to, information as to strategy, plans or future financial or operating performance, such as the Company’s expansion plans, project timelines, expected drilling targets, and other statements that express management’s expectations or estimates of future plans and performance.

Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company’s properties; the effect of changes in commodity prices; regulatory risks that development of the Company’s material properties will not be acceptable for social, environmental or other reasons, availability of equipment (including drills) and personnel to carry out work programs, that each stage of work will be completed within expected time frames, that current geological models and interpretations prove correct, the results of ongoing work programs may lead to a change of exploration priorities, and the efforts and abilities of the senior management team. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements or information. These and other factors may cause the Company to change its exploration and work programs, not proceed with work programs, or change the timing or order of planned work programs. Additional risk factors and details with respect to risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company’s latest management discussion and analysis under “Risks and Uncertainties”, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company’s forward-looking statements and information are based on the assumptions, beliefs, expectations, and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.

Simpson Manufacturing (SSD - Free Report) came out with quarterly earnings of $3.09 per share, beating the Zacks Consensus Estimate of $2.72 per share. This compares to earnings of $2.47 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +13.60%. A quarter ago, it was expected that this building materials company would post earnings of $1.84 per share when it actually produced earnings of $2.13, delivering a surprise of +15.76%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Simpson Manufacturing, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $671.08 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.85%. This compares to year-ago revenues of $631.05 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Simpson Manufacturing shares have added about 20.1% since the beginning of the year versus the S&P 500's gain of 8.3%.

What's Next for Simpson Manufacturing?While Simpson Manufacturing has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Simpson Manufacturing was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.60 on $633.95 million in revenues for the coming quarter and $9.08 on $2.43 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Advanced Drainage Systems (WMS - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This maker of water drainage systems and pipes is expected to post quarterly earnings of $2.19 per share in its upcoming report, which represents a year-over-year change of +12.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Advanced Drainage Systems' revenues are expected to be $976.86 million, up 17.7% from the year-ago quarter.

2026 Second Quarter Highlights Net sales of $671.1 million increased 6.3% year-over-year Income from operations of $169.1 million increased 20.6% year-over-year Net income per diluted share of $3.09 increased 25.1% year-over-year Repurchased  $48.7 million of common stock during the quarter Increased 2026 share repurchase authorization by $50.0 million Declared a $0.30 per share dividend PLEASANTON, Calif., July 27, 2026 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the second quarter of 2026.

, /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that on July 23, 2026, the Company's Board of Directors (the "Board") declared a regular quarterly dividend of 30 cents per share on the Company's common stock. The dividend is payable on October 22, 2026, to stockholders of record on October 1, 2026.

About Simpson Manufacturing Co., Inc.

Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiaries, including Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and shear walls, and concrete construction products, including adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinforcing fiber materials. The Company primarily supplies its building product solutions to both the residential and commercial markets in North America and Europe. The Company's common stock trades on the New York Stock Exchange under the symbol "SSD."

CONTACT:   
Addo Investor Relations
[email protected]
(310) 829-5400

SOURCE Simpson Manufacturing Co., Inc.

Posted by Defense World Staff on Jul 19th, 2026

Bessemer Group Inc. raised its stake in Simpson Manufacturing Company, Inc. (NYSE:SSD – Free Report) by 2.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 181,480 shares of the construction company’s stock after buying an additional 3,666 shares during the period. Bessemer Group Inc. owned about 0.44% of Simpson Manufacturing worth $31,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its stake in shares of Simpson Manufacturing by 33.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 226 shares of the construction company’s stock valued at $37,000 after acquiring an additional 57 shares in the last quarter. Apollon Wealth Management LLC grew its stake in Simpson Manufacturing by 1.3% in the fourth quarter. Apollon Wealth Management LLC now owns 4,927 shares of the construction company’s stock worth $796,000 after purchasing an additional 62 shares in the last quarter. SkyView Investment Advisors LLC increased its holdings in Simpson Manufacturing by 0.6% during the 4th quarter. SkyView Investment Advisors LLC now owns 12,268 shares of the construction company’s stock worth $1,981,000 after purchasing an additional 77 shares during the period. Public Employees Retirement System of Ohio increased its holdings in Simpson Manufacturing by 0.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 25,293 shares of the construction company’s stock worth $4,236,000 after purchasing an additional 89 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in Simpson Manufacturing by 135.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 160 shares of the construction company’s stock worth $25,000 after purchasing an additional 92 shares during the period. 93.68% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth SSD has been the subject of several research reports. DA Davidson upped their target price on Simpson Manufacturing from $200.00 to $212.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Wall Street Zen lowered Simpson Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Robert W. Baird lifted their price objective on Simpson Manufacturing from $216.00 to $220.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Stifel Nicolaus upped their price objective on shares of Simpson Manufacturing from $205.00 to $217.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, Weiss Ratings cut shares of Simpson Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 9th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $214.75.

Read Our Latest Analysis on Simpson Manufacturing

Simpson Manufacturing Stock Down 2.5% Simpson Manufacturing stock opened at $188.98 on Friday. Simpson Manufacturing Company, Inc. has a fifty-two week low of $156.32 and a fifty-two week high of $213.49. The company has a market cap of $7.77 billion, a PE ratio of 22.15 and a beta of 1.30. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.02 and a current ratio of 3.40. The business’s 50-day simple moving average is $191.90 and its two-hundred day simple moving average is $185.83.

Simpson Manufacturing (NYSE:SSD – Get Free Report) last issued its earnings results on Monday, April 27th. The construction company reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $1.84 by $0.29. Simpson Manufacturing had a return on equity of 17.72% and a net margin of 14.92%.The firm had revenue of $587.96 million for the quarter, compared to analyst estimates of $550.08 million. During the same quarter in the prior year, the firm earned $1.85 earnings per share. Simpson Manufacturing’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities analysts anticipate that Simpson Manufacturing Company, Inc. will post 9.17 EPS for the current year.

Simpson Manufacturing Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 23rd. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, July 2nd. This is a positive change from Simpson Manufacturing’s previous quarterly dividend of $0.29. Simpson Manufacturing’s dividend payout ratio (DPR) is presently 14.07%.

Simpson Manufacturing Profile (Free Report)

Simpson Manufacturing Co, Inc, through its Simpson Strong-Tie® brand, is a leading global supplier of structural building products. The company specializes in the design, testing, manufacture and supply of connectors, anchors, fasteners and lateral systems that enhance the safety and performance of wood, concrete and masonry structures. Its product portfolio also includes repair and strengthening systems, concrete reinforcement and high-performance adhesives used in residential, commercial and industrial construction projects.

Founded in 1956 by Barclay Simpson in Oakland, California, Simpson Manufacturing has grown from a single product business into a diversified manufacturer with worldwide operations.

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The first of three drill rigs has now begun drilling at the Property, following completion of a 468-metre trenching program at the SSD Target 1:5000-scale Anaconda-style mapping is ongoing across the Property and has already significantly expanded the alteration footprint at the SSD Target

, /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today the release of its Fiscal 2025 Corporate Social Responsibility Report (CSR), featuring the Company's continued progress in advancing sustainable growth, strengthening communities, and delivering value to customers and stakeholders worldwide. 

Key highlights include: 

Driving meaningful community impact: Employees contributed more than 1,000 volunteer hours during Do What You Can Day, the Company's National Day of Service, while its Matching Gift program amplified that impact, helping to generate more than $393,000 in total charitable contributions. Simpson also continued its support of industry education efforts that encourage more people to pursue careers in construction.  Investing in its people for long-term success: More than 33% of open roles were filled through internal mobility, reflecting strong career growth opportunities. Simpson also continued to strengthen its global leadership pipeline through targeted development programs in North America and Europe.  Delivering world-class safety and quality: Simpson achieved a global Total Recordable Incident Rate (TRIR) of 0.79, a world-class safety performance. It also maintained ISO 9001 certification across 44 sites and ISO 14001 certification at six facilities, reinforcing the Company's commitment to consistent quality and environmental stewardship.  Innovating to advance the industry: In 2025, Simpson introduced 52 new products and earned multiple industry recognitions for innovation and supplier partnership. The Company also deepened relationships with top builders across the industry, reflecting its leadership in high-performance building solutions supported by exceptional customer service.  Enhancing environmental performance: Simpson continued to focus on reducing its environmental footprint through ongoing efforts in energy efficiency, water use, and waste management across global operations.  "Our 2025 CSR Report reflects how we continue to put our values into action by investing in our people, supporting the communities in which we operate, and delivering innovative solutions to our customers," said Mike Olosky, Simpson's President and Chief Executive Officer. "This work is fundamental to how we grow our business and create long-term value." 

The report includes updated ESG-related metrics for the year ended December 31, 2025. Simpson's Fiscal 2025 Corporate Social Responsibility Report is available on the Company's website at https://simpsonmfg-esg.metrio.net 

About Simpson Manufacturing Co., Inc.
Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiaries, including Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and shear walls, and concrete construction products, including adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinforcing fiber materials. The Company primarily supplies its building product solutions to both the residential and commercial markets in North America and Europe. The Company's common stock trades on the New York Stock Exchange under the symbol "SSD."

CONTACT:
Addo Investor Relations
[email protected]
(310) 829-5400

SOURCE Simpson Manufacturing Co., Inc.

SAN JOSE, Calif.--(BUSINESS WIRE)--KIOXIA's GP Series SSDs deliver high performance, low latency memory expansion for NVIDIA Storage-Next Architecture.

Key Takeaways Micron Technology's NAND revenues jumped 169% YoY and 82% sequentially to $5B in fiscal Q2 2026.MU's growth was driven by strong data center SSD demand, with prices rising in the high-70% range.Micron Technology benefits from HDD shortages, tight supply and rising AI-driven SSD adoption. Micron Technology, Inc. (MU - Free Report) is seeing strong momentum in its NAND business, largely driven by robust demand for its solid-state drive (SSD) solutions. This growth momentum is largely driven by rising data center demand, where artificial intelligence (AI) workloads are pushing the need for faster and higher-capacity storage solutions.

In the second quarter of fiscal 2026, Micron Technology’s NAND revenues soared 169% year over year and 82% sequentially to $5 billion. MU noted that bit shipments increased in the low-single-digit percentage range sequentially, while the average selling prices jumped in the high-70s percentage range in the second quarter. The robust growth was primarily driven by strong demand for its data center SSD portfolio. Its revenues from the data center NAND portfolio more than doubled sequentially in the second quarter.

SSDs are becoming essential in AI infrastructure. Applications such as large language models and real-time data processing require quick access to massive datasets. This is increasing demand for high-performance and high-capacity SSDs, an area where Micron Technology has been expanding its portfolio. The company’s advanced SSD offerings are gaining traction among cloud and enterprise customers, helping it grow market share. During the last quarterly results, the company noted that it increased SSD market share for the fourth consecutive year in 2025.

Another key driver is the shortage of traditional hard disk drives (HDDs), which is pushing customers toward SSDs. This shift is supporting NAND pricing and generating higher revenues for Micron Technology. At the same time, tight industry supply is keeping the pricing environment favorable, allowing the company to benefit from stronger margins.

Micron Technology is also investing in NAND technology transitions and selective capacity expansion, aimed at improving cost efficiency while supporting long-term demand growth. As hyperscalers continue to invest aggressively in the AI infrastructure space, they are preferring long-term contracts to secure memory supply and capacity. This trend is likely to boost demand for Micron Technology’s SSDs, which will ultimately drive its NAND revenue growth. The Zacks Consensus Estimate for MU’s fiscal 2026 NAND revenues is pegged at $23.64 billion, indicating massive year-over-year growth of 178%.

How Micron’s Rivals Compete in the NAND SpaceSandisk Corporation (SNDK - Free Report) and Seagate Technology Holdings Plc (STX - Free Report) are among the two competitors that directly compete with Micron Technology in the NAND space.

Sandisk operates as a pure-play NAND storage vendor with strong consumer and enterprise SSD partnerships. The company is highly focused on bringing advanced storage technologies and broad flash storage products for AI workloads in data centers, edge devices and consumer devices. Sandisk’s data center revenues increased 64% sequentially in the second quarter of fiscal 2026, mainly driven by strong demand for storage solutions from AI infrastructure builders, semi-custom customers and technology companies deploying AI at scale.

Seagate Technology is a major force in the hard-disk drive market, particularly for high-capacity storage solutions for data centers and cloud infrastructure. However, the company is also developing its presence in the SSD market through portfolio expansion and partnerships. In January 2026, Seagate Technology unveiled LaCie Rugged SSD Pro5, which offers ultra-fast Thunderbolt 5 speed for filmmakers, photographers and audio specialists.

Micron’s Price Performance, Valuation and EstimatesShares of Micron have surged around 292.4% over the past year compared with the Zacks Computer – Integrated Systems industry’s return of 101.1%.

Micron One-Year Price Return Performance
Image Source: Zacks Investment Research

From a valuation standpoint, MU trades at a forward price-to-earnings ratio of 6.56, significantly lower than the industry’s average of 10.31.

Micron 12-Month Forward P/E Ratio
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Micron Technology’s fiscal 2026 and 2027 earnings implies a year-over-year increase of 578.9% and 61.3%, respectively. Bottom-line estimates for fiscal 2026 and 2027 have been revised upward in the past seven days.

Image Source: Zacks Investment Research

Micron Technology currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Tariffs, inflation and housing headwinds weigh on the industry. Yet, AGX, SSD, ECG and ROAD stocks look primed to benefit from infrastructure and innovation tailwinds.

SSD is one of three high-priority target areas to be tested with RC and core drilling in 2026 on the Company's 84-square-kilometre Property Systematic exploration has expanded the SSD Target's plan dimensions and improved the Company's understanding of mineralization controls

Simpson Manufacturing (SSD) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.85 per share a year ago.

Micron Technology, Inc.'s MU NAND business is likely to see further upside as artificial intelligence spending drives strong demand for solid-state drives (SSDs). AI data centers need faster and larger storage systems to handle training data, inference workloads and growing use of real-time applications.

, /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that on May 6, 2026, the Company's Board of Directors (the "Board") declared a regular quarterly dividend of 30 cents per share on the Company's common stock. The dividend is payable on July 23, 2026, to stockholders of record on July 2, 2026.

About Simpson Manufacturing Co., Inc. 
Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiaries, including Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and shear walls, and concrete construction products, including adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinforcing fiber materials. The Company primarily supplies its building product solutions to both the residential and commercial markets in North America and Europe. The Company's common stock trades on the New York Stock Exchange under the symbol "SSD."

CONTACT:
Addo Investor Relations
[email protected]
(310) 829-5400

SOURCE Simpson Manufacturing Co., Inc.

On June 09, 2026, Simpson Manufacturing Co Inc (SSD) shares rose 4.0% today, closing at $193.20. The stock has seen a 52-week range of $151.38 to $211.98, refle

MU's NAND revenues surge on AI-driven data center SSD demand, as disciplined supply and advanced SSD launches bolster its storage growth outlook.