Aurora Cannabis Reports Revenues Of $55.2 Million, Net Loss Of $164.7 Million
Aurora Cannabis (TSX: ACB) (NYSE: ACB) this evening posted its third quarter 2021 financial results, with results falling far short of analyst expectations. The company recognized just $55.2 million in net revenue for the quarter, a decline of 18% on a quarter over quarter basis. Revenue for the period failed to meet consensus estimates, with […]
US Producer Prices Accelerate 6.2% in April as Inflation Burns Hot
In another sign that inflation in the US is running red-hot, producers passed down significantly higher costs to companies in April for a wide-range of products, amid ongoing dovish monetary and fiscal policies. According to the Bureau of Labour Statistics, the Producer Price Index (PPI) jumped 0.6% in March, and surged 6.2% from last year’s […]
DoorDash Consensus Estimates Point To $33.7 Million In Positive EBITDA
DoorDash (NYSE: DASH) will be reporting their first-quarter financial results this evening after market close. Analysts have a consensus $172.27 12-month price target on the company, via a total of 20 analysts, with two analysts having strong buy ratings, four analysts having buy ratings, and 14 have hold ratings. The street high comes from JMP […]
US Petrol Stations Run Dry Following Fuel Pipeline Hack
Gasoline panic-buying has set in across much of the US, as a cyber attack on a major pipeline has caused petrol stations to run out of stock. The Colonial pipeline, which is responsible for delivering 45% of the fuel consumed by the US East Coast and spans over 5,500 miles, was the subject of a […]
Walt Disney: Analysts Anticipate $15.87 Billion In Q2 Revenue
Walt Disney (NYSE: DIS) will be reporting their fiscal second-quarter financial results today after market close. Analysts have a consensus $209.81 12-month price target on the company, via a total of 29 analysts, with six analysts having strong buy ratings, 17 analysts having buy ratings and six analysts have hold ratings. The street high comes […]
EarthRenew: The Value Of The Replenish Nutrients Acquisition – The Daily Dive
Today on the Daily Dive, we sit down with Keith Driver, CEO of EarthRenew (CSE: ERTH). Keith joins us this afternoon to discuss the latest with the company, including the now closed transaction with that of Replenish Nutrients and the related synergies to be found with the transaction, as well as the latest developments with […]
Aurora Cannabis: Consensus Estimates Point To Flat Quarterly Growth
Aurora Cannabis (TSX: ACB) (NYSE: ACB) announced that they will be reporting their fiscal third quarter financials after market close on March 13th. Analysts have a consensus C$12.58 12-month price target on the company, via a total of 13 analysts, with seven analysts having hold ratings, four analysts having sell ratings and two analysts having strong […]
Canadian Dollar Soars to Highest Since 2015 Amid Commodities Boom
Canada’s loonie rose to above 82 cents US Wednesday morning, marking the highest level since 2015 amid a broader commodities boom. A combination of a weakening US dollar, coupled with ongoing strength in the commodities market, has pushed the Canadian loonie 5.6% higher against its US counterpart since the beginning of the year. In fact, […]
DarkSide Has Allegedly Targeted Three More Corporations
Following the latest cyber attack on the US Colonial pipeline, it appears that the DarkSide hackers responsible have singled out three new targets. The US Cybersecurity and Infrastructure Security Agency along with the FBI have issued a joint statement in the aftermath of the pipeline attack, warning other organizations to be vigilant against other potential […]
Aya Gold & Silver Reports Revenues Of $8.5 Million For Q1
Aya Gold & Silver Inc. (TSX: AYA) shared today its operational and financial results for Q1 2021, recording silver production of 389,132 ounces. This is an increase from Q1 2020’s silver production of 67,005 ounces. Aya Gold & Silver posted quarterly revenue of $8.5 million, up from last year’s $0.5 million. Gross profit also improved […]