Microsoft: Q3 Earnings Consensus Estimates
Microsoft (NASDAQ: MSFT) will be reporting their fiscal third quarter financials on April 27th after market close. Analysts have a consensus $276.31 12-month price target on the company, via a total of 38 analysts, with 17 analysts having strong buy ratings. 17 analysts meanwhile have buy ratings and four have hold ratings. The street high […]
Soaring Commodity Prices Are About To Hit Consumers’ Wallets In A Big Way
Commodity prices have been sent soaring over the past year, significantly affecting consumer goods-producing companies, which, in turn, will be passing on the increasing costs to customers. Deepening global supply chain disruptions have caused commodity prices to skyrocket over the past 12 months, especially for crops. The Bloomberg Agriculture Spot Index— which monitors key farm […]
Strategic M&A: AUX Resources & Scottie Resources – The Daily Dive
Starting off this week on the Daily Dive is that of Brad Rourke, CEO of Scottie Resources (TSXV: SCOT). Brad joins us this morning to discuss the recent merger arrangement with that of AUX Resources (TSXV: AUX). Within, Brad breaks down the optionality provided by the arrangement, the expanded land package and its benefits, and […]
Alphabet: Consensus Earnings Estimates For Q1 2021
Alphabet (NASDAQ: GOOG) will be reporting their first quarter financial results on April 27th after market close. Analysts have a consensus $2,415 12-month price target on the company, via a total of 44 analysts, with 16 analysts having strong buy ratings. 26 analysts meanwhile have buy ratings and two analysts have hold ratings. The street […]
Toronto Condo Sales Soar by 80% in the First Quarter
Toronto’s condo market, which suffered a significant nadir at the height of the Covid-19 pandemic in 2020, appears to be bouncing back to life. According to the Toronto Regional Real Estate Board (TRREB), condo sales in the Toronto metro area jumped to 9,398 units, marking an increase of 79.8% from the first quarter in 2020. […]
DMG Blockchain Purchases 1,800 Additional ASIC Miners
DMG Blockchain Solutions Inc. (TSX-V: DMGI) announced today the purchase of additional 1,800 bitcoin ASIC miners for an undisclosed amount. This follows just days after the company announced the purchase of 3,600 bitcoin miners. The new purchase is expected to add 180 PH/s of computing capacity, pushing DMG Blockchain’s hashrate to over 680 PH/s. Delivery […]
CareRx To Partially Acquire Rexall’s Long-Term Care Pharmacy Business
CareRx Corporation (TSX: CRRX) announced today an agreement with Rexall Pharmacy Group to acquire a portion of the latter’s long-term care pharmacy services business. The company expects to add 4,200 residents serviced upon the closing of this transaction. Under the terms of the transaction, CareRx will acquire a pharmacy fulfillment centre in Sudbury, Ontario, and […]
Nickel Creek Platinum Completes $3.6 Million Financing
Nickel Creek Platinum Corp. (TSX: NCP) announced this morning that it has completed a previously announced private placement for aggregate proceeds of $3.6 million. The offering was completed via both flow through and non-flow through units. The offering saw 6.4 million flow-through units at $0.11 per unit sold. Each unit consists of a flow-through common […]
Aya Gold & Silver Reports 389,132 Silver Ounces Produced In Q1
Aya Gold & Silver (TSX: AYA) this morning reported its first quarter production results for 2021. The company has seen a total of 389,132 ounces of silver produced on a preliminary basis at its Zgrounder Silver mine in Morocco. Production during the first quarter reportedly contained an average head grade of 295 g/t silver. Total […]
WELL Health Sees Subsidiary CRH Medical Obtain US$300 Million Credit Facility
WELL Health Technologies Corp. (TSX: WELL) announced this morning that its recently acquired CRH Medical has been provided with a US$300 million credit facility by JP Morgan Chase Bank. This replaces the bank’s previous US$200 million credit facility issued for CRH medical. The amended senior secured credit arrangement involves a US$175 million revolving credit facility […]