Hemlo Explorers: Amassing The Largest Land Package In The Hemlo Region – The Daily Dive
Today on the Daily Dive we are joined by first time guest Brian Howlett, CEO of Hemlo Explorers (TSXV: HMLO). Brian joins us today to discuss Canada’s recent announcement related to supporting battery metals, automakers such as Tesla potential entering the mining industry, and Russia’s impact on the price of gold. Also covered is Goldman […]
BMO Lifts Endeavour Silver’s Price Target Following Better Than Expected Q1 Results
On April 11th, Endeavour Silver Corp. (TSX: EDR) announced its first quarter of 2021 production results. The company announced production of 1,314,955 silver ounces and 8,695 gold ounces, which equates to a total of 2.0 million silver equivalent ounces. Silver production increased 25% year over year, while gold production dropped by 22%, resulting in its […]
The Lie In Truth Social: Fox News Disowns Verified Account In Donald Trump’s Socmed Platform
The irony is hitting hard for former US President Donald Trump’s recently launched social media site Truth Social. After CEO Devin Nunes posted that the conservative news outfit Fox News has joined the site, a spokesperson from the network denied owning the said account. “We aren’t on Truth Social,” said the company’s spokesperson. Following Nunes’s […]
The Valens Company Posts $23.2 Million In Revenue, $25.7 Million Net Loss In Q1 2022
The Valens Company Inc. (TSX: VLNS) announced on Wednesday its financial results for fiscal Q1 2022 ended February 28, 2022. The firm notched in net revenue of $23.2 million, an increase from both Q4 2021’s $18.4 million and Q1 2021’s $20.0 million. However, the quarterly gross margin declined to 8.5% from last quarter’s 14.7% and […]
Eldorado Gold Produces 93,209 Gold Ounces In Q1, Annual Guidance Remains Unchanged
Eldorado Gold (TSX: ELD) last night reported preliminary production figures for the first quarter of 2021. The quarterly results were said to be quite impacted by the ongoing pandemic, with absenteeism delaying planned development. Production for the full quarter amounted to 93,209 gold ounces, a decline on both a quarter over quarter and year over […]
New Found Gold Sees CEO Craig Roberts Resign Under Leadership Transition Plan
A management shakeup appears to be underway at New Found Gold (TSXV: NFG). The firm this morning announced the resignation of CEO Craig Roberts, under what is being referred to as a planned transition. Taking on the role of chief executive officer on a go-forward basis will be that of Collin Kettell, whom is founder […]
Sundial Growers Again Delays Q4 Results, Plans To Part With Auditor
Sundial Growers (NASDAQ: SNDL) has again delayed the release of their financial results. The company late last night indicated that it is continuing to struggle with the completion of its FY2021 consolidated financial results in a timely manner. The delay of the financial results was again related to the Sarbanes-Oxley Act of 2002, also referred […]
Mydecine Announces 50 To 1 Share Consolidation
Mydecine Innovations (NEO: MYCO) is the latest firm to announce a reverse stock split amid a recent trend amongst small cap names. The company last night indicated that its board of directors had voted in favour of such a move, with shareholder approval not being required. The consolidation will see the company reduce its outstanding […]
Elon Musk Proposes To Purchase Twitter At $54.20 Per Share, To Reconsider Stake In Company If Offer Rejected
Fresh off declining a position on the Twitter (NYSE: TWTR) board of directors, likely due to the requirement of a background check and limits placed on his future ownership, Elon Musk appears to be striking back. This time, he’s gunning for a hostile takeover of the company. It was revealed this morning that Musk is […]
Amazon to Charge Merchants 5% Fuel and Inflation Fee
Faced with surging energy prices and inflation across all sectors of the global economy, Amazon (NASDAQ: AMZN) plans to charge businesses using its website an additional fee to make up for growing price pressures. According to an individual familiar with the matter and cited by Bloomberg, Amazon is planning to tack on a 5% fuel […]