Greenlane Renewables Awarded $12.1 Million Contract For Renewable Natural Gas Project
Greenlane Renewables (TSX: GRN) is closing out the year on a high note, having just secured an additional contract in British Columbia. The firm has seen the award of a $12.1 million contract from FortisBC Energy. The contract will see the company supply a biogas upgrading system for the Vancouver landfill as part of a […]
Power REIT Secures $20 Million In Debt Financing
Power REIT (NYSE: PW) has obtained further financing to continue to expand its operations. The firm this morning indicated it has obtained a total of $20 million in debt financing from a commercial federally regulated bank. The debt facility is to be used by the company to acquire further real estate for its operation, with […]
Agnico Eagle Forced To Reduce Nunavut Operations Again Due To COVID-19
Agnico Eagle Mines (TSX: AEM) continues to struggle at its Nunavut, Canada operations as a result of the ongoing pandemic. The company last night announced that it is again reducing its operations in the Canadian territory due to the threat imposed by the virus, and the impact it could have on the surrounding communities. The […]
SPAC Gardiner Healthcare Acquisitions Prices US$75 Million IPO
Special purpose acquisition company Gardiner Healthcare Acquisitions Corp. (NASDAQ: GDNRU) started trading publicly on the Nasdaq Global Market today. The company is seeking to raise US$75 million in its initial public offering. The offering consists of 7.5 million company units priced at US$10.00 per unit. Each unit is composed of one Class A common share […]
CarMax Posts US$8.5 Billion In Revenue For Fiscal Q3 2022
CarMax, Inc. (NYSE: KMX) reported this morning its financial results for fiscal Q3 2022, earning US$8.5 billion in revenue. This is an increase from Q3 2021’s revenue of US$5.2 billion. Sales from used vehicles contributed US$6.4 billion to the topline revenue, an increase from US$4.2 billion last year. Warehouse sales added US$1.9 billion to the […]
Stifel: Eguana Is “An Excellent Small Cap Stock” Based On Revenue Growth Opportunity
On December 20th, Eguana Technologies (TSXV: EGT) announced that they received a 500 unit order from PowerCenter+, valued at $6 million. The 500 unit order is most likely Eguana’s 5kW systems produced by the company which equates to roughly 2.5MW total. In Stifel-GMP’s note, they reiterate their C$0.85 12-month price target and buy rating, saying […]
Paramount Gold Resubmits Permit Application For Grassy Mountain Gold Mine In Oregon
Paramount Gold Nevada Corp. (NYSE: PZG) announced today that it has submitted a modified consolidated permit application to construct and operate its proposed Grassy Mountain gold mine. The “high-grade gold” property is located in Malheur County in eastern Oregon. This follows after the initial application received “a detailed completeness review and recommendations” for submitting a […]
Hive Blockchain Expects Increased Bitcoin Mining, Slower Ether Production For Fiscal Q3
HIVE Blockchain Technologies Ltd. (TSXV: HIVE) shared today its preliminary and unaudited production results for its fiscal Q3 2021. The results cover October 1 to December 21, 2021. The blockchain firm relayed that it has mined approximately 600 bitcoin so far for the quarter and roughly mining 7 bitcoin per day. Based on this, it […]
Nevada Copper Affirms On Track To Meet Development Target At Pumpkin Hollow Project
Nevada Copper Corp. (TSX: NCU) provided on Tuesday a series of operations update at its Pumpkin Hollow project. The firm affirms it is on track to advance over 1,100 lateral equivalent feet of development in December. “The company continues to build on the operational improvements achieved over the past two quarters, providing further acceleration to […]
Canadian Retail Sales on the Rise for Two Straight Months
Retail sales across Canada were up in both October and November, suggesting that consumers are ready to spend on goods after refraining from major purchases throughout the pandemic. According to Statistics Canada, retail sales rose 1.6% to $57.6 billion in October, and were up across 7 of the 11 subsectors. Core retail sales, which do […]