Peloton Shares Tumble Amid Treadmill Recall
Shares of Peloton Interactive Inc (NASDAQ: PTON) tumbled on Wednesday, after the company recalled its treadmill products following a number of consumer safety incidents. Peloton was forced to reverse its earlier position that its devices were safe if used properly, after more than 70 incidents regarding safety issues were reported. The company’s stock fell by […]
Kirkland Lake Gold Reports $551.8 Million In Revenue For Q1 2021
Kirkland Lake Gold Ltd. (TSX:KL) reported today its financial and operational results for Q1 2021, which highlighted revenue of $551.8 million. The results also included the previously announced production of 302,847 gold ounces for the quarter. The company has previously reported that this quarter’s gold production exceeded the set guidance of 270,000 – 290,000. However, […]
SKRR Exploration Intersects 50.24 Metres of 0.41 G/T Gold At Olson Property
SKRR Resources (TSXV: SKRR) this morning released the latest drill results from the recently completed 12 hole winter drill program at its Olson property in Northern Saskatchewan. Highlight results from the program include 50.24 metres of 0.41 g/t gold at the Point zone. The drill program saw a total of 1,674 metres drill on the […]
Exploits Discovery Receives Final Permits For 2021 Drill Programs
Exploits Discovery (CSE: NFLD) this morning revealed that it has received its fifth and final drill permit for its planned 2021 drill programs. The Newfoundland and Labrador government has awarded the company with a permit to drill its Jonathan’s Pond project. The drill program slated to take place at Jonathan’s Pond consists of a total […]
SSR Mining Produces 196,094 Gold Equivalent Ounces, Posts US$366.5 Million In Revenue For Q1 2021
SSR Mining Inc. (TSX: SSRM) reported today its financial results for the first quarter of 2021, highlighting 196,095 ounces of gold equivalent production. The company also recorded US$366.5 million in revenue for the quarter. The US$366.5 million in revenue for the quarter is a notable increase from the prior year that saw US$164.5 million in […]
QYOU Media Onboards Amazon As Latest Major Advertiser
The premium brand names just keep signing for QYOU Media (TSXV: QYOU). The company this morning announced yet another major advertising has signed with the company for the firms flagship channel, The Q India. The latest advertiser to join the company is none other than Amazon, the largest online marketplace and internet company by revenue […]
Cineplex Posts $41.4 Million In Revenue, $89.7 Million Net Loss For Q1 2021
Cineplex Inc. (TSX: CGX) reported this morning its financial results for Q1 2021, which saw $41.4 million in revenue. This is an 85.4% drop from Q1 2020’s $282.8 million in revenue. The company’s revenue for the quarter comes from the box office ($3.8 million), food service ($6.5 million), media ($9.1 million), amusement ($13.9 million), and […]
Freeman Gold Identifies 11 Exploration Targets At Lemhi
Freeman Gold Corp (CSE: FMAN) this morning released the results of its 2020 exploration program on its flagship Lemhi Gold project, which is located in Idaho. The surface exploration campaign reportedly results in the identification of 11 high quality targets on the property that are proximal to the Lemhi resource, none of which have been […]
Ur-Energy Receives Final Approvals To Begin Construction Of Shirley Basin Uranium Project
Ur-Energy Inc (TSX: URE) (NYSE: URG) this morning announced the receipt of approvals from both the State of Wyoming and the EPA for its Shirley Basin In Situ Uranium project. As a result, the final permits have been received to begin construction of the project. Approvals received this morning include the Source and Byproduct Material […]
PowerBand Solutions Reports Gross Sales of $13.5 Million For April
PowerBand Solutions (TSXV: PBX) this morning released its monthly sales data for its automotive transactional platform. The company reported gross sales across all lines of business of $13.5 million for April. The April sales figures represents a 17% improvement, or $2.0 million, from the March sales figures of $11.5 million. On an annual basis, total […]