Karora Resources Produces 29,831 Gold Ounces, Posts $69.6 Million In Revenue For Q2 2021
Karora Resources Inc. (TSX: KRR) announced this morning its operational and financial results for Q2 2021, recording gold production of 29,831 ounces. This is an increase from Q2 2020’s gold production of 24,078 ounces. The mining firm also sold during the quarter 30,412 gold ounces at an all-in sustaining cost of US$996 per ounce, compared […]
Aberdeen Appoints Clean Energy Veteran As Executive Chairman
Aberdeen International (TSX: AAB) this morning continued to bolster its executive team. The company has seen the appointed of a clean technology industry veteran, Martin Schuermann, as the firms Executive Chairman of the board of directors. The appointment comes as Aberdeen looks to refine its focus to the clean energy sector. The appointment is expected […]
Village Farms Reports Q2 Revenues Of US$70.4 Million, Net Loss
Village Farms (TSX: VFF) (NASDAQ: VFF) this morning reported its second quarter financial results. The firm posted revenues of US$70.4 million, beating consensus estimates of $62.99 million for the three month period. Sales during the quarter were largely comprised of Produce revenues, which came in at $45.5 million, while revenues from the firms portion of […]
Gatling Drills 7.7 G/T Gold Over 17.0 Metres At Larder Gold
Gatling Exploration Inc. (TSXV: GTR) released Friday night after closing bell results from its ongoing drill program at the Larder Gold project, highlighting an intersection of 7.7 g/t gold over 17.0 metres. The company said the results would add value to the upcoming mineral resource estimate report for the property. The latest drill results came […]
Verano Holdings: Analysts Expect $122 Million In EBITDA For Q2
Verano Holdings (CSE: VRNO) announced that they will be reporting their second quarter financials before the market opens on August 10. Analysts have a consensus C$38.46 12-month price target on the company, via a total of 7 analysts, with 2 analysts having a strong buy rating, and 5 analysts have a buy rating. The street […]
America’s Unemployment Rate Falls to 5.4% as Labour Market Growth Exceed Forecasts
America’s labour market rebounded strongly in July, significantly surpassing expectations as hiring rose by the sharpest pace in almost a year. According to latest data published by the Bureau of Labour Statistics, nonfarm payrolls rose 943,000 in July, causing the unemployment rate to fall to 5.4%. Economists polled by Bloomberg called for an increase of […]
Harvest Health: Second Quarter Consensus Estimates
Harvest Health and Recreation (CSE: HARV) announced that they will be reporting their second quarter financials after the market closes on August 10. Analysts have a consensus C$7 12-month price target on the company, via a total of 5 analysts, with one analyst having a strong buy rating, and the other 4 analysts having buy […]
Canada’s Labour Market Recovery Falls Short of Expectations in July
Canada’s economy continued its rebound in July amid strong vaccination efforts, but the latest labour market gains still failed to meet expectations. According to Statistics Canada, the country’s economy added a total of 94,000 new jobs in July, an increase of 0.5% from the previous month, causing the unemployment rate to fall from 7.8% to […]
Fisker Demonstrates Cost Control Discipline In 2Q 2021
On August 5, Fisker Inc. (NYSE: FSR) reported its second quarter 2021 earnings results. The release was generally constructive as Fisker continues to maintain a November 2022 production start date for its flagship all-electric Ocean SUV. Furthermore, the company demonstrated the ability to limit cash burn until production and sales begin. Fisker plans to unveil the […]
Curaleaf: Analysts Expect Q2 Revenue To Meet Low End Of Guidance
Curaleaf Holdings (CSE: CURA) announced that they will be reporting their second quarter financials after the market closes on August 9. Analysts have a consensus C$28.28 12-month price target on the company, via a total of 15 analysts, with 5 analysts having strong buy ratings and the other 10 having buy ratings. The street high […]