PI Financial: US Cannabis Has “Good Growth Prospects”
On Tuesday, PI Financial released their fourth quarter 2021 earnings review on their cannabis sector. Though they say that the fourth quarter results “were not eye-popping,” they did show quarter-over-quarter improvements in revenue. They do seem somewhat surprised at the bear market these names have found themselves in, saying that fundamentally, most of the largest […]
Are We At The Start Of A Mining M&A Cycle? – The Daily Dive
Today on the Daily Dive, we sit down with Doug Hurst, Chairman of Elevation Gold (TSXV: ELVT), as well as a director of New Found Gold (TSXV: NFG). Doug sits down with us this afternoon to discuss the recent issuance of the Canadian US dollar denominated bond, the impact of the Russia-Ukraine crises on the […]
BMO Expects Miners To Be Hit With Cost Inflation Headwinds In Q1 Results
On April 18, BMO released their first quarter preview on their metals and mining coverage, asking the question “Should We All Hide Out Until Reporting Is Over?” They say that for the first quarter they are looking for companies to try and quantify their cost inflation headwinds and because of this, they expect that the […]
Elon Musk Secures $46.5 Billion In Commitments For Potential Twitter Acquisition
Elon Musk is evidently looking to proceed to some degree with his proposed purchase of Twitter (NYSE: TWTR). Within a filing made this morning, it was revealed that Musk is looking to negotiate a definitive agreement for the acquisition of the social media platform. Notably, Musk has previously stated that he is not looking to […]
Mullen Automotive To Conduct EV Battery Testing At Battery Innovation Center In Indiana
Mullen Automotive (NASDAQ: MULN) traded as high as US$1.73 this morning in pre-market trading off the back of the news that it will be conducting solid-state polymer battery cell testing. The testing is to be conducted through the Battery Innovation Center in Indiana. The testing will see a total of three tests performed on the […]
Tesla Posts Record Financials In Q1 2022: US$18.76 Billion In Revenue, US$3.32 Billion Net Income
Tesla (Nasdaq: TSLA) shares surged following the release of its Q1 2022 financials on Wednesday. The automaker recorded quarterly revenue of US$18.76 billion, up from Q4 2021’s US$17.72 billion and Q1 2021’s US$10.39 billion. The topline revenue figure also beat the estimated US$17.92 billion from analysts and marks an all-time high record for the company. […]
Aya Gold & Silver Intersects 4,101 g/t Silver Over 14.4 Metres At Zgrounder
Aya Gold & Silver (TSX: AYA) has reportedly intersected its strongest mineralization yet at its flagship Zgrounder mine in Morocco. The results are part of ongoing exploration being conducted at the property as the firm looks to add ounces to its current resource estimate. Assays released this morning come from a total of 34 drill […]
Trevali Mining Suspends Production Guidance At Perkoa Mine
Trevali Mining Corp (TSX: TV) this morning provided an update on the ongonig search and rescue operation being conducted at its Perkoa Mine in Burkina Faso. The operation follows flash floods that occurred at the property over the weekend following heavy rainfall in a short period of time. To date, the eight missing miners have […]
Stone Gold Begins 4,000 Metre Drill Program At Copper Road Property
Drilling is now getting underway for Stone Gold (TSXV: STG). The firm this morning indicated that its drill program has commenced at its massive Copper Road Project, which is found within the Batchewana Bay district of Ontario. The program currently outlined for the property is to consist of 4,000 metres of drilling in aggregate, although […]
Electra Battery Materials Sees CFO Leave Firm For Senior Precious Metals Producer
Electra Battery Materials (TSXV: ELBM) has seen its chief financial officer resign at a critical time as the firm looks to conduct refinery construction. It was indicated this morning that Ryan Snyder has resigned from the role with the company, effective as of the end of April. The departure of Snyder is reportedly a result […]