BMO Drops Activision Blizzard Price Target After Title Delays
Activision Blizzard (NASDAQ: ATVI) was in the news earlier this month after they announced that they will be delaying the popular sequels to Overwatch and Diablo in Overwatch 2 and Diablo IV but that’s not the worst news. They also announced on the same day, that their co-leader Jen Oneal is stepping down after only […]
Canacol Raises US$500 Million From 5.75% Senior Notes Offering
Canacol Energy Ltd. (TSX: CNE) on Wednesday announced that it has completed its offering of 5.75% senior unsecured notes due 2028. The offering was for a total aggregate principal amount of US$500 million. The natural gas company has relayed that net proceeds from the offering are intended to refinance its outstanding 7.250% senior notes due […]
TGOD Sees Revenues Decline To $7.3 Million For Q3 2021
The Green Organic Dutchman (CSE: TGOD) last night reported its third quarter financial results. The firm managed to post declining sales on a quarter over quarter period, with net revenues falling to $7.3 million, while the company posted an overall net loss of $14.5 million. Revenues for the quarter declined 23.5% on a quarter over […]
Fortress Technologies Posts Q3 2021 Net Income of $3.5 Million
Fortress Technologies (TSXV: FORT) reported its third quarter financial results this morning, posting revenues of $2.8 million for the three month period. The company also posted a positive net income of $3.5 million for the three month period. Revenues for the quarter were up significantly on a quarter over quarter basis, climbing 122% from $1.3 […]
Gold Mountain Sees Further Positive Assay Results At Elk Gold Project
Positive assay results continue to come in for Gold Mountain Mining (TSX: GMTN). The firm this morning reported additional results from its phase two drill program at its flagship Elk Gold project in British Columbia. Much like the results released last week, the latest assays come from the Siwash North zone of the property. Highlights […]
Frontier Lithium To Raise $10 Million In Bought Deal Flow Through Financing
The lithium sector continues to see demand from investor dollars, with Frontier Lithium (TSXV: FL) being the latest recipient. The company last night announced it would be conducting a flow through financing on a bought deal basis. Lead by Canaccord Genuity and BMO Capital Markets, the financing will see a total of $10.0 million raised […]
EnerDynamic Receives Purchase Order From City Of Kingston
EnerDynamic Hybrid Tech (TSXV: EHT) this morning had a brief announcement, with the company indicating it has received a purchase order from the city of Kingston, Ontario. The firm has seen the city order a total of ten Entertec social housing shelters. Slated for a late December and early January delivery, the Enertec shelters are […]
Lundin Mining: BMO Lowers Target After Weaker Than Expected Guidance
On November 22nd, Lundin Mining Corporation (TSX: LUN) provided production guidance all the way out to the end of 2024. The company also provided cash cost, capital, and exploration expenditures for 2022. For the cash cost guidance for 2020, copper sits between $1.55 per pound to $1.80 per pound depending on the mine, while zinc […]
India Mulls Banning Nearly All Cryptocurrencies in New Financial Regulation Bill
Cryptocurrencies just can’t seem to get a break. The regulatory crackdown on cryptocurrencies continues, except this time in India. The country’s government has proposed to ban nearly all private cryptocurrencies including bitcoin and etherium, in an effort to stifle competition against the central bank’s plans to launch an official digital currency. Earlier in November, Indian […]
Turkish Lira Resumes Historic Tumble After Erdogan Praises Rate Cut
The Turkish lira was sent into a further free-fall on Tuesday, after President Recep Tayyip Erdogan praised the central bank’s commitment to slashing interest rates in an effort to spur economic growth. The lira fell to a record-low of 12.80 against the US dollar on Tuesday, significantly lower than last week’s barrier of 11 against […]