Valens: Canaccord Maintains $3.50 Price Target Following First Quarter Results
Last week, The Valens Company (TSX: VLNS) reported first quarter financial results. The company reported revenues of C$20 million, an increase of ~25% quarter over quarter, along with a net loss of C$5.6 million. The company reported a gross profit of C$4.7 million or a ~22% gross profit percentage. Valens currently has nine analysts covering […]
Bitcoin Falls as Turkey Bans Cryptocurrency Payments
Bitcoin suffered a slight decline following its skyrocketing rally over the past week, after the government of Turkey announced it will be cracking down on the use of cryptocurrencies in what is a likely attempt to preserve confidence in its own currency. According to a statement published on the Turkish central bank webpage, the country’s […]
Vizsla Silver Has a Clearer Pathway To Production Than Most Exploration Stage Junior Miners
On April 14, Vizsla Silver Corp. (TSXV: VZLA) reported constructive assay results from a step-out drilling program at the southern end of its Napoleon prospect. Napoleon is part of Vizsla’s Panuco silver-gold project in Mexico. The high-grade drilling results, which include a 4.46-meter span with a silver-equivalent (AgEq) concentration of 2,758 g/t of resource and a […]
Gold Soars to Highest Since February Amid Reports of Upcoming Chinese Imports
Gold prices soared to a new seven-week high, amid a decline in bonds and reports that China plans to purchase more of the precious metal in the coming months. Following what were weeks of stagnant price fluctuations, gold has risen to the highest since February as both the US dollar and Treasures eclipse into further […]
US Recovery Gains Momentum Amid Soaring Retail Sales, Declining Jobless Claims
The US economy appears to be making a more robust comeback than expected, as retail spending, employment, and manufacturing all post strong gains. Thursday’s onslaught of data showed that the US economy is faring a lot better than previously anticipated, as numerous sectors have returned to, or exceeded pre-pandemic levels. The rebound in demand was […]
Leveljump Healthcare Reports 2020 Revenues Of $5.45 Million, Net Loss Of $11.6 Million
Leveljump Healthcare (TSXV: JUMP) today reported its fiscal 2020 financial results. The company recognized revenues of $5.45 million for the fiscal year, along with a net loss of $11.6 million. The fourth quarter saw revenues of $1.48 million for the period ended December 31, 2020, which is down slightly from the $1.51 million recognized in […]
Rahul Paul: A Constructive Shift In Gold Sentiment
For our final episode of The Daily Dive this week, we sit down with Rahul Paul, an executive at Radisson Mining (TSXV: RDS). Rahul joins us this afternoon to discuss the current sentiment within the gold space, how he analyzes a new project, and the type of projects that he expects to be targeted by […]
QYOU Media Sees Television Rating Nearly Triple In One Week
QYOU Media (TSXV: QYOU) this morning reported absolutely explosive growth in the ratings of their flagship channel. The channel, The Q India, has seen its TV rating in India jump to 46.3 gross rating points. The rating represents the second record-breaking week in a row for the company, whom last week saw its rating hit […]
Canadian Home Sales Soar to Another Record in March
Canadian home sales soared to yet another record in March, as increased housing supply slowly made a return to the overheating market. According to the latest report published by the Canadian Real Estate Association (CREA), home sales across the country set a new all-time record in March, rising by 5.2% from the month prior. In […]
China’s Treasury Holdings Soar to Highest in 3 Years
Chinese holdings of US Treasuries increased to the highest since 2019, amid rising yields and a strong economic rebound. According to latest data released by the Treasury Department on Thursday, China’s Treasury holdings rose by $9 billion in February to a total of $1.1 trillion— the highest since July 2019. This marked the fourth consecutive […]