Canada Nickel Intersects 64.5 Metres Of 0.71% Nickel
Drilling under the current phase of exploration at the Crawford Nickel Sulphide project by Canada Nickel Company (TSXV: CNC) has officially been completed. The phase consisted of infill drilling across the property as the company works towards completing a feasibility study later this year. As part of the announcement, the firm revealed that it has […]
Very Good Food Co Cans CEO As Restructuring Gets Underway
Previously announced headcount reductions at The Very Good Food Company (TSXV: VERY) have apparently hit the teams C-suite. The company this morning announced it has parted ways with its chief executive officer, Mitchell Scott, effective immediately. In connection with the departure, the company has also seen James Davison, chief research & development officer and a […]
Rivian Trades Down Based on 10-K Risk Disclosures – Which Should Have Been Priced In
Over the last few trading days, Rivian Automotive, Inc. (NASDAQ: RIVN) shares have shed about 14% of their value. The principal reason for the downturn seems to be some cautionary language the company included in its 2021 10-K annual report which was filed with the SEC on March 31, 2022. Investors seem to be confusing passages in the […]
Haywood Cuts Cresco Labs Price Target To $15.50 On Poor Earnings
At the tail end of March, Cresco Labs (CSE: CL) announced its fourth-quarter financial results, which disappointed many investors as the company put up less than stellar earnings. The company announced fourth-quarter revenues grew from $215.5 million in Q3 to $218.0 million this quarter, putting it at one of the slowest revenue growth rates in the […]
Pond Tech: Producing Algae to Help Combat Climate Change
Pond Technologies Holdings Inc (TSXV:POND) is a Markham, Ontario-based company that has developed and commercialized a proprietary technology platform that captures and converts harmful carbon dioxide emissions into protein-rich food-grade algae-based commercial products such as biofuels, animal feeds, natural fertilizers. The company has three distinct vertical markets: Pond Naturals: Manufactures, distributes and sells its ingredients […]
Cameco: BMO Lifts Price Target To $42 Following Positive Uranium Price Move
On March 30th, BMO Capital Markets raised their rating and 12-month price target on Cameco (TSX: CCO). BMO raised their rating from market perform to outperform, and increased their price target from $33 to $42. The analyst indicated that the lift was due to the limited number of listed producers, the rise in countries wanting […]
Is The Russian Ruble About To Become A Gold Standard Currency?
Did Russia’s central bank just upend the entire global monetary system and unilaterally use the West’s sanctions to its advantage and link the ruble to the gold standard? Certainly that would be unimaginable, because Washington’s sanctions were designed to choke off any life to Russia’s financial system to the point that it can no longer […]
Robinhood Soars on Plans to Extend its Trading Day Hours; Rally Seems Too Strong for the Substance of the Announcement
On March 29, Robinhood Markets, Inc. (NASDAQ: HOOD) stock soared US$3.43, or 27%, to US$16.24 on plans to extend its trading day for customers by four hours to 7am ET to 8pm ET. Some of this increase may simply represent a catch-up rally, as other recovering meme stocks have outpaced Robinhood over the last few weeks. However, the expanded […]
Taiga Motors: Canaccord Cuts Price Target To $9 From $22 On Supply Chain Concerns
Taiga Motors Corporation (TSX: TAIG) announced its fourth quarter and full-year financial results earlier this week, wherein the company reported that its pre-order bookings increased 161% to 2,356 units as of December 31st, 2021, with fleet operators accounting for roughly 20% of the order book. They also said that production of its electric snowmobiles started […]
“Very Modest Individual” Donald Trump Would Like You To Know That He Hit A Hole-In-One
“It is 100% true”— on the same day that a federal judge determined that former US President Donald Trump likely committed several felonies in his bid to return to power on January 6, Trump released an official statement that claimed he made a hole-in-one in Florida. Unfortunately for the “many people who are asking,” there […]