GameStop: Analysts Expect Revenues Of $1.16 Billion For Q1
GameStop Corp (NYSE: GME) will be reporting its first quarter financial results today after market close. Analysts have a consensus $62.25 12-month price target on the company, via a total of 4 analysts, with two analysts having a hold rating, one analyst has a sell rating and another analyst has a strong sell rating. The street […]
Cognetivity: Echelon Raises Price Target To $1.50 After Biogen Approval
Monday was a very big day for companies who are in the business to help patients who suffer from Alzheimer’s, and it was an even bigger day for those patients. On Monday, the long-awaited FDA decision on Biogen’s Aduhelm drug was announced. The FDA approved the treatment, which costs the patient $56,000 per year. This […]
Canada Posts Trade Surplus of $594M as Global Chip Shortages Disrupt Auto Industry
Canada’s trade balance reverted back to a surplus, as imports fell amid ongoing global supply disruptions, particularly in the auto industry. According to data published by Statistics Canada on Tuesday, the country’s trade balance rose from a deficit of $1.3 billion to a surplus of $594 million in April. The latest surplus marks the third […]
Uranium Energy Corp Loses $4.6 Million In Q3 2021
Uranium Energy Corp (NYSE: UEC) filed its quarterly report for the nine months ended April 30, 2021. A net loss of just under $4.6 million was reported for Q3, compared to approximately $3.3 million for the same period last year. No revenues were reported for the period by the company, with the firm instead posting […]
InsuraGuest Closes $2.0 Million Private Placement
InsuraGuest Technologies (TSXV: ISGI) this morning announced the closing of its private placement. The company managed to raise gross proceeds of $2.0 million under the financing. The financing saw a total of ten million units sold at a price of $0.20 per each. Each unit contained one common share and one common share purchase warrant. […]
Mercer Park Sees Further Redemptions In SPAC Ahead Of Glass House Merger
Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U) this morning provided an update on the share redemption and transaction details of its previously announced merger with Glass House Group. The Toronto-based special purpose acquisition company shared that it now expects approximately US$195 million in cash prior to the closing of the transaction with Glass House. This […]
Jushi Holdings Reports FY2020 Revenues Of US$80.8 Million, US$211.9 Million Net Loss
Jushi Holdings Inc. (CSE: JUSH) released this morning its full-year financial results for 2020, highlighting an annual revenue of US$80.8 million in revenue. The results were notably delayed as a result of its auditing partner failing to get the necessary reports completed in time. The company’s 2020 annual revenue is a notable increase from 2019’s […]
Gran Colombia Drills 211.68 G/T Gold, 253.6 G/T Silver Over 0.33 Metres At Segovia
Gran Colombia Gold Corp. (TSX: GCM) shared this morning the drill results from 62 holes of the ongoing in-mine and near-mine drilling programs at its Segovia operations. Highlights of the results include an intercept of 211.68 g/t gold and 253.6 g/t silver over 0.33 metres. Highlights of the drill results are: PV-ES-008: 211.68 g/t gold […]
Nighthawk Gold Expands Financing To $23.5 Million
Nighthawk Gold Corp. (TSX: NHK) announced this morning that they have entered into a revised bought deal financing agreement with Sprott Capital Partners due to a high level of interest. The revised agreement, which is in connection to a $20 million financing announced yesterday, will see the company now raise total gross proceeds of $23.5 […]
GoGold Hits 1,007 g/t Silver Equivalent Over 4.2 Metres At Los Ricos North
GoGold Resources Inc. (TSX: GGD) today released assay results of 12 diamond drill holes from the El Orito region at the company’s Los Ricos North project. Highlight results include drill hole LRGO-21-041 intersecting 4.2 metres of 1,007 g/t silver equivalent. Highlights from the drill results include: LRGO-21-029: 221.2 g/t silver equivalent over 12.4 metres LRGO-21-031: […]