Nanalysis Scientific Reports Revenues Of $3.3 Million, Net Loss For Q1 2021
Nanalysis Scientific Corp. (TSXV: NSCI), released today its first quarter financial results for 2021. The company posted revenues of $3.28 million, versus last year’s figure of $1.52 million. The company recorded a net loss of $467,000 during the quarter. Gross profit for the quarter came in at $2.1 million, a notable increase from the year-ago […]
EarthRenew Grows Distribution By 6,000 Tonnes Of Fertilizer A Year
EarthRenew Inc (CSE: ERTH) continues to grow its distribution. The company this morning announced that its recently acquired subsidiary, Replenish Nutrients, has signed a distribution agreement with that of Parrish & Heimbecker. The arrangement will see one of the nation’s largest grain and fertilizer firms distribute the regenerative agriculture products manufactured by Replenish across its […]
Excelsior Mining: Stock Has Underperformed Despite Strong Copper Prices
Shares of Excelsior Mining Corp. (TSX: MIN), a junior copper exploration and production company in the U.S. state of Arizona, have declined around 40% since mid-February and more than 20% over the last week. The stock’s weak performance may be attributed to reduced flow rates at its 100%-owned, 9,560-acre Gunnison Copper Project, which is being mined via […]
Tilray: Haywood Reiterates Hold Rating, $16.50 Price Target
With the Aphria, Tilray (NASDAQ: TLRY) merger finalized and Aphria shares consolidated earlier this month, many analysts are now updating their models, price targets, and ratings. Tilray now has 18 analysts covering the combined company with a weighted 12-month price target of U$19.75. Alliance Global has the street high with a U$32 price target and […]
Fidelity to Offer Youth Investing Accounts So Teenagers Can Trade Stocks
The demographic of investors is about to get a whole lot younger: Fidelity Investments plans to launch a new investing and savings account for teenagers that will allow them to buy and sell stocks. According to the Wall Street Journal, the investing firm is planning to launch the Fidelity Youth Account, which is an investing […]
Musk’s Bitcoin Electricity Comments Could Push Investment To Coins Like XRP, Dogecoin, Cardano
Elon Musk’s May 13 tweet that Tesla will no longer accept Bitcoin as payment for Tesla vehicle purchases caused a market rout in Bitcoin and other leading cryptocurrencies. The Tesla CEO cited the adverse environmental consequences of Bitcoin mining (heavy electricity consumption) as the reason for this change. Mr. Musk also said Tesla will, “look at […]
Gold: Market Share Will Be Recaptured From Crypto Investors – The Daily Dive ft David Garofalo
Today on the Daily Dive, we sit down with David Garofalo, whom is Chairman and CEO of Gold Royalty Corp (NYSE: GROY), a subsidiary of GoldMining Inc (TSX: GOLD). Within, David highlights his bull case for gold – including the fall of cryptocurrencies such as Ethereum and Bitcoin as a result of minimal barriers to […]
US Builder Sentiment Remains High But Surging Costs Are Creating Major Risks
The ongoing boom in housing demand is keeping homebuilders busy, but soaring costs for construction materials are starting to weigh down on the industry’s sentiment. According to the latest National Association of Home Builders/Wells Fargo Housing Market Index reading, builder sentiment for the single-family housing market remained unchanged at 83 for the month of May, […]
Elon Musk Slips to Third Place in World’s Richest Ranking Following Bitcoin Debacle
It appears that Tesla CEO Elon Musk has slipped to third place in the world’s in the ranking of the world’s richest, as his company’s shares continue to lose steam in the stock market. The eccentric billionaire, who recently climbed to the top spot in the Bloomberg Billionaires Index before being pushed down a rank […]
Bitcoin Falls Further as China Announces Ban On Institutions Offering Cryptocurrency Services
Wednesday morning saw Bitcoin fall to a three month low as the cryptocurrency fell below the $31,000 mark. This came as China announced a ban on financial and payment institutions providing cryptocurrency services. China likewise sternly warned investors against the risks of crypto trading. The cryptocurrency is headed for its first monthly decline since November […]