Tesla: Canaccord Doubles Price Target To $1,071
On Monday, one of the more bearish Tesla Inc. (NASDAQ: TSLA) analysts flipped bullish, and more than doubled their 12-month price target. Canaccord Genuity raised its target from $419 to $1,071 and raised its rating from hold to buy making it have the second-highest price target on the street. Tesla currently has 37 analysts covering […]
White House, Federal Reserve Insist Impending Inflation Spike will be Temporary
Despite a rapidly accelerating economic recovery, the Biden administration and the Federal Reserve continue to stand firm on their monetary and fiscal policy plans. According to a recent blog post by Council of Economic Advisers member Jared Bernstein and senior economist Ernie Tedeschi, annual inflation in the US will likely rise over the coming months, […]
Exploits Obtains Drill Permits For Little Joanna Veins Prospect
Exploits Discovery (CSE: NFLD) has received additional permits for its planned 2021 drill programs. The company this morning announced the receipt of permits for the planned program at the Little Joanna Vein prospect, which is located within the Dog Bay Gold project. The planned drill program at the prospect consists of a total of nine […]
ScreenPro Launches Rapid Antigen Testing Service
ScreenPro Security (CSE: SCRN) this morning announced that it has launched a new line of business as of this morning. The company is now providing rapid antigen testing for both corporations and individuals via a recently approved rapid antigen test. The new line of business will see the company administer rapid test kits via trained […]
Plant&Co To Spin Out Cannabis Related Assets To Unlock Shareholder Value
Plant & Co Brands (CSE: VEGN) is evidently spinning out assets. The company this morning announced that it will be spinning out certain technology and True Focus assets, which is the firms cannabis related technology. The tech and assets are to be spun out of the company as the firm undergoes a reorganization of its […]
Sona Nanotech Approved For Clinical Trials of Saliva-Based COVID-19 Rapid Test
Sona Nanotech (CSE: SONA) has been approved to begin clinical trials. The company this morning announced that Health Canada has granted it Investigation Testing Authorization for its Saliva C-19 Rapid Test. The clinical trials to be conducted will be focused on the firms saliva-sample based rapid COVID-19 antigen test. The trials are to be conducted […]
Gran Colombia Gold Produces 49,058 Gold Ounces In Q1 2021
Gran Colombia Gold (TSX: GCM) this morning reported its gold production figures for the first quarter of 2021. The company saw total gold production of 49,058 ounces for the quarter, along with 57,315 ounces of silver. Production figures for gold were down marginally on a year over year basis, with the first quarter of 2020 […]
Organigram Reports Q2 Net Revenues Of $14.6 Million, Net Loss Of $66.4 Million
Revenues continue to decline for Organigram Holdings (TSX: OGI) (NASDAQ: OGI). The company this morning posted net revenues for the second quarter of 2021 of $14.6 million, a decline from the prior quarter and a miss on consensus estimates from analysts, while posting a net loss for the quarter of $66.4 million. Revenues for the […]
Aya Gold & Silver Hits 2,728 G/T Silver Over 6.0 Metres
Aya Gold & Silver (TSX: AYA) this morning released initial assay results from its 2021 drill program at the Zgrounder Silver Mine. Highlights from the program include 2,728 g/t silver over 6.0 metres as well as 4,517 g/t silver over 3.5 metres within two separate holes. Results released this morning come from a 40 hole […]
MicroStrategy: Canaccord Initiates With $920 Price Target
On Friday, Canaccord Genuity initiated coverage on MicroStrategy (NASDAQ: MSTR) with a $920 price target and buy rating. Joseph Vafi, their analyst, headlines, “Blazing new trails in driving shareholder value: exploiting Bitcoin scarcity + a steady core business.” Vafi commends MicroStrategy on their two “attractively priced” convertible notes in order to purchase and hold 91.6 […]