Chipotle: First Quarter Analyst Consensus Estimates
Chipotle Mexican Grill (NYSE: CMG) will be reporting their first quarter on April 21st after market close. Analysts have a consensus $1,669.43 12-month price target on the company, via a total of 34 analysts, with ten analysts having strong buy ratings. 11 analysts meanwhile have buy ratings and 13 have hold ratings. The street high […]
Global PC Demand Soars by Most Since Dot Com Boom
The global shortage of semiconductor chips will likely not be alleviated anytime soon, especially since the demand for PCs continues to remain historically high amid the pandemic. The covid-19 pandemic sparked an unprecedented demand for new computers, as lockdowns and stay-at-home orders forced millions of people work from home. As a result, global shipments of […]
Emerita Resources: Aznalcóllar Zinc Project Offers Significant Opportunity
Emerita Resources Corp.(TSX-V:EMO), a Canadian natural resource development company, is preparing to commence development on its exciting Aznalcóllar Zinc Project. The project is located in the prolific Iberian Pyrite Belt in the Andalusia region of southern Spain. The Iberian Pyrite belt is considered to be one of the world’s largest and most productive volcanogenic massive […]
United Airlines: Analyst Estimates For Q1 2021
United Airlines (NASDAQ: UAL) will be reporting their first quarter results on April 19th after market close. Analysts have a consensus $59.44 12-month price target on the company, via a total of 19 analysts, with three analysts having strong buy ratings. Seven analysts meanwhile have buy ratings, six have hold ratings, two analysts have sell […]
Canadian Manufacturing Sales Declined 1.6% In February
Following a significant increase observed at the beginning of the year, Canadian manufacturing sales dropped by 1.6% to $55.4 billion in February, amid lower sales of transportation equipment. However, the declines were moderately offset by sales increases in the petroleum and coal product, chemical, and wood product industries. Motor vehicle sales in Canada fell by […]
Riot Blockchain Purchase Could Be A Positive for Smaller Canadian-Listed Crypto Miners
On April 8, Riot Blockchain, Inc. (NASDAQ: RIOT), a highly valued U.S.-based Bitcoin miner, reached an agreement to acquire Rockland, Texas-based Whinstone US, Inc. for a combination of cash and stock worth US$651 million. Whinstone hosts Bitcoin miners on a 100-acre site which contains three buildings with an aggregate 190,000 square feet (sf) of floor space. […]
Dogecoin Skyrockets 300% As Crypto Bubble Fears Mount
Dogecoin, which originally started out as a satirical alternative to bitcoin, has now amassed a $34 billion valuation— all within the past week. First created in 2013 by software engineers Jackson Palmer and Billy Markus, dogecoin was intended to poke fun at other, more serious cryptocurrencies, such as bitcoin and ethereum. Now, amid the ongoing […]
Container Shipping Rates to Remain Elevated Amid Surge in Imports
Shipping container rates have been skyrocketing amid the pandemic, forcing importers to lock in rates that are up to 50% higher from year-ago levels. As a result, margins have been tightening, and concerns surrounding inflation have been magnified across the global economy. According to research by S&P Global Platts, contract rates for routes between North […]
Rockland Resources: Exploration In Red Lake Set To Begin In Near Term
A newly-listed exploration company recently caught our attention with the acquisition of a promising gold property in northern Ontario’s prolific Red Lake Gold District. Rockland Resources Ltd. (CSE: RKL) recently began trading on the Canadian Stock Exchange and on March 29, 2021, announced that it had acquired 100% interest in the Cole Gold Mine Property. […]
GM, LG Energy Solution Will Build Second $2.3 Billion EV Battery Plant In Tennessee
General Motors has announced it will be building a second battery cell manufacturing plant in the US alongside its joint-venture partner LG Energy Solution. The deal, announced on Friday, will see the two companies invest more than $2.3 billion in a battery cell plant in Tennessee, that will produce electric vehicle batteries for GM’s upcoming […]