High Tide Releases Preliminary Financials For Fiscal 2021: $181.1 Million In Revenue, Net Loss
High Tide Inc. (TSXV: HITI) shared on Thursday its preliminary unaudited financial statements for fiscal Q4 and full-year 2021 ending October 31, 2021. The results highlighted an annual revenue of $181.1 million, up from fiscal 2020’s $83.3 million. “Due to personnel challenges arising from the pandemic, the Company has not been able to finalize its […]
Teck Resources Hits 2021 Coal Production Guidance With 24.6 Million Tonnes
Teck Resources Limited (TSX: TECK.B) reported on Thursday night selected performance results for 2021. The company highlighted producing 24.6 million steelmaking coal tonnes for the year, hitting its production guidance of 24.5 – 25.0 million tonnes. However, its Q4 2021 steelmaking coal sales of 5.1 million tonnes missed the lowered quarterly guidance of 5.2 – […]
Aya Gold & Silver Intersects 4,579 G/T Silver Over 3.6 Metres At Zgounder Silver Mine
Aya Gold & Silver Inc. (TSX: AYA) announced today additional assays from its ongoing 2021 drill exploration program at the Zgounder silver mine in the Kingdom of Morocco. The results highlighted an intersect of 4,579 g/t silver over 3.6 metres. The results came from 56 diamond drill holes comprised of 11 surface diamond drill holes […]
Robinhood Ends 2021 With US$1.82 Billion In Revenue, US$3.69 Billion Net Loss
Robinhood Markets, Inc. (NASDAQ: HOOD) released on Thursday its fourth quarter and full-year 2021 financial results. The company posted US$1.82 billion in annual revenue, an increase from 2020’s revenue of US$958.8 million. However, the firm saw a 266% increase in operating expenses year-on-year, ending at US$3.46 billion in 2021 from US$945.1 million in 2020. This […]
United Lithium Expects Results From Hydroxide Testing Program Next Month
United Lithium (CSE: ULTH) continues to conduct lithium hydroxide testing. The firm this morning provided an update on the test program, indicating that it expects to have results from the program by the end of next month. The testing currently being conducted is examining ways in which the company can optimize the production of lithium […]
Gage Cannabis To Open First Cookies Store In Canada
While most firms are focused on bringing their brands to the US market, it appears that Gage Growth Corp (CSE: GAGE) has a slightly different idea in mind. The firm last night announced that it will be bringing the Cookies brand to Canada, opening its first dispensary in Ontario this weekend. The firm will be […]
Emerita Resources Completes 11 Holes At La Infanta, Discovers New Target On Property
Emerita Resources (TSXV: EMO) has provided an update to its ongoing exploration programs at its properties in Spain. Exploration has resumed via four drills at its IBW project, although the firm noted that exploration is being hindered slightly by a recent flare up in illness related to the pandemic. At La Infanta, results for 11 […]
Wondr Gaming Closes $7.1 Million First Tranche Of Financing
Wondr Gaming Corp (CSE: WDR) last night announced that it has closed the first tranche of its ongoing financing. The financing was originally announced in early December, with the firm looking to raise gross proceeds of up to $10.0 million. Under the first tranche of the financing, the company sold a total of 35.4 million […]
Cheniere Energy: Russia-Ukraine Conflict Could Benefit This LNG Supplier
As 100,000 Russian troops continue to mass on Ukraine’s border, and news reports say many Ukraine citizens are resigned to the commencement of what would be Europe’s biggest land war in 75+ years, a critical issue for investors is Europe’s high-priced and what appears to be fragile energy markets. Specifically, Russia supplies a remarkable 40% of […]
IMF Pushes El Salvador to Remove Bitcoin’s Legal Tender Status
The International Monetary Fund is advising El Salvador to tame its obsession with bitcoin and remove its legal tender status, as the cryptocurrency continues to suffer from sharp volatility. El Salvador recently became the first ever country to make bitcoin a legal tender, and it appears that it has not been faring all too well. […]