Argonaut Intersects 98.9 G/T Gold, 30.3 G/T Silver Over 12.2 Metres At La Colorada
Argonaut Gold Inc. (TSX: AR) announced this morning the drill results from below the El Crestón open pit at its La Colorada mine in Sonora, Mexico. The results, including intersects of 383.0 g/t of gold and 113.5 g/t of silver over 3.0 metres, revealed high-grade veins extending below the planned El Crestón ultimate pit. Highlights […]
Harborside Reports 2020 Revenues Of $63.4 Million, Net Loss Of $11.9 Million
Harborside Inc (CSE: HBOR) this morning reported its fourth quarter and full year financial results for 2020, reporting gross revenues of $13.1 million and a net loss of $5.4 million for the quarter. For the full fiscal year, the company reported gross revenues of $63.4 million and a net loss of $11.9 million. On a […]
Bitfarms To Expand Quebec Facilities By 79 MW By Year End
Bitfarms Ltd (TSXV: BITF) this morning announced expanded expansion plans for its Quebec facilities. The expansion is part of an effort by the company to bring facilities online that focus on the use of renewable energy amid an ESG push by the sector. The company this morning announced that it intends to develop a new […]
Auxly Cannabis Reports Q4 Revenues Of $18.9 Million, Net Loss Of $27.2 Million
Auxly Cannabis (TSX: XLY) this morning posted its fourth quarter and full year 2020 financial results, reporting net revenues of $18.9 million for the quarter along with a net loss of $27.2 million. For the full fiscal year, the company reported net revenues of $50.8 million along with a total net loss of $87.4 million. […]
Numinus Wellness To Undertake Phase 1 Study Of Psilocybin Extract
Numinus Wellness (TSXV: NUMI) is undertaking further studies of its psilocybin products. The company this morning announced a partnership with KGK Science, whereby it will begin studying a psilocybin extract produced in its lab. The clinical trial is to study the safety and psychoactive properties of a Psilocybe mushroom product that has been extracted and […]
Lucid Motors: Recent Underperformance Of SPAC Could Set The Stage For A Better Future
On April 22, the U.S. National Highway Traffic Safety Administration (NHTSA) moved to reverse a Trump Administration action that pre-empted the ability of individual U.S. states, including the influential state of California, from issuing their own limits on greenhouse gas emissions and mandates regarding zero-emission vehicles. Automakers had successfully petitioned then-President Trump in 2019 for this […]
Former Treasury Secretary Larry Summers Says Inflation Signs are Starting to Break Out
With even more fiscal spending en route for the US economy, inflation fears are beginning to gain traction. So much so, that even former Treasury Secretary Larry Summers is sounding the alarm, warning that all signs are pointing to a surge in prices. Speaking at a Council on Foreign Relations forum on Wednesday, Summers said […]
Tesla: Q1 Consensus Estimates
Tesla (NASDAQ: TSLA) will be reporting their first quarter financial results on April 26th after market close. Analysts have a consensus $650.81 12-month price target on the company, via a total of 38 analysts, with nine analysts having strong buy ratings. Six analysts meanwhile have buy ratings, 12 have hold ratings, seven analysts have a […]
LG Chem – SK Innovations Trade Agreement a Positive for Electric Vehicle Industry
On April 11, LG Chem, Ltd. and SK Innovation Co., Ltd., two large South Korean electric vehicle (EV) battery manufacturers, settled a long-running trade dispute in which LG accused SK of misappropriating trade secrets. SK agreed to pay LG about US$1.8 billion in a combination of lump sum and royalty payments over a multi-year period. The parties […]
Energy Fuels Continues To Build “Mine To Market” U.S. Rare Earth Supply Chain
On April 21, Energy Fuels Inc. (TSX: EFR) and Hyperion Metals Limited (ASX: HYM) reached a memorandum of understanding (MOU) where Hyperion will evaluate its ability to commercially supply monazite sands from its Titan Project in the U.S. state of Tennessee to Energy Fuels’ White Mesa Mill in Blanding, Utah. Energy Fuels plans to become an […]