Karora: Haywood Reiterates Ratings After Three Year Guidance Announcement
On June 28th, Karora Resources Inc. (TSX: KRR) announced its three-year production guidance, whereby they expect to double gold production by 2024. The company’s guidance expects the all-in sustaining costs to go from $985 – $1,085 in 2021, down to $885-$985 in 2024. This comes with them guiding that their production increases from 105,000 – […]
Robinhood Pays $70 Million to Resolve Regulatory Allegations
It appears that Robinhood faces yet another obstacle in the path towards its planned IPO: the company has agreed to pay roughly $70 million to settle a number of regulatory allegations that accuse the online brokerage of misleading traders, approving unqualified customers for risky strategies, and not properly overseeing technology that ended up locking millions […]
PharmaTher: Maxim Initiates Coverage With US$1.50 Price Target
PharmaTher Holdings (CSE: PHRM) had its first initiation report that came out on June 28th. Maxim Group initiated coverage on PharmaTher with a U$1.50 price target and a buy rating. Their analyst Jason McCarthy says that the company is “A multi-pronged approach to targeting the psychedelics space.” PharmaTher is a company that is trying to […]
Natural Gas: The Key To The Green Revolution – The Daily Dive
Joining us for our final episode of the short trading week in Canada is that of Serafino Iacono, CEO of NG Energy (TSXV: GASX). Serafino joins us this afternoon to discuss natural gas and its importance within the green revolution, the lack of investment in oil and gas exploration, as well as the recent re-entry […]
Pet Valu Closes IPO Issuing 15.8 Million Shares, Raises $316.3 Million
Pet Valu Holdings Ltd. (TSX: PET) closed its initial public offering today, raising gross proceeds of $316.3 million. The company went public on the Toronto Stock Exchange on June 24, 2021, under the symbol “PET”. The company was able to issue 15,812,500 million common shares, including the exercised over-allotment option of additional 2,062,500 shares, at […]
Ero Copper Sells Gold Stream To Royal Gold For US$100 Million
Ero Copper Corp. (TSX: ERO) announced today that it has entered into a metals purchase agreement with Royal Gold Inc.’s (NASDAQ: RGLD) subsidiary RGLD Gold AG. The streaming agreement concerns the NX Gold mine in Mato Grosso, Brazil. Pursuant to the agreement, Royal Gold will pay US$100.0 million upfront cash for the purchase of 25% […]
LegalZoom Eyes Raising US$535.4 Million On Its Nasdaq IPO
Online legal platform LegalZoom.com Inc. announced Tuesday the pricing of its scheduled initial public offering on the Nasdaq Global Select Market. The company will go public on the US-based big board on June 30, 2021 under the ticker symbol “LZ”. The offering consists of 19,121,000 common shares at US$28.00 per share for potential total aggregate […]
Imperial Helium Begins Field Operations, Set To Drill First Well Near Term
Imperial Helium (TSXV: IHC) this morning had a major announcement in terms of the development of its assets. The company has begun lease and road construction at its flagship Steveville Helium Property, as it begins the development of its main asset. Perhaps more importantly, the company this morning announced that it has received the permits […]
TAAT Records $0.7 Million In Revenue For Fiscal Q2 2021
TAAT Global Alternatives Inc. (CSE: TAAT) this morning announced its financial results for the fiscal quarter ending on April 30, 2021. The company highlighted a quarterly revenue of $691,484, a 317% quarter over quarter increase from $165,786 in Q1 2021. Sales this quarter translated to a gross profit of $363,583. This however was offset by […]
QYOU Media Obtains Exclusive Rights To Five New Comedy Series
QYOU Media (TSXV: QYOU) this morning announced that it is working towards creating more original content for its flagship channel, The Q India. The company is reportedly in the process of launching five new comedy series that are to be exclusive to its channel. Featuring several of the fastest rising YouTube stars within the country, […]