Electra Battery Materials To Begin Trading On The Nasdaq
Electra Battery Materials (TSXV: ELBM) appears to finally be going to the Nasdaq. The company this morning indicated that it has been approved for trading on the Nasdaq Capital Market. The company is set to begin trading on the US big board exchange as of the open of markets tomorrow, April 27. Much like it […]
Libero Copper Intersects 1,229 Metres Of 0.42% Copper At Mocoa
Libero Copper & Gold (TSXV: LBC) has finally received the remainder of its assay results for the first hole on its Mocoa property in Colombia. This follows the firm reporting partial assays last week, including the intersection of 0.75% copper and 0.114% molybdenum over 251 metres. With full assays now in hand for that first […]
Fission Uranium Announces $50.0 Million ATM Financing
Fission Uranium (TSX: FCU) is looking to capitalize on the recent interest in the uranium sector from investors. The company late last night announced that it will be conducting an at-the-market financing. The financing, which is to be facilitated by Canaccord Genuity, will see the company sell up to $50.0 million worth of its common […]
Meta Platforms: BMO Calls The Bottom, Saying “Sell-Off Feels Overdone”
Meta Platforms (NASDAQ: FB), which is reporting its first-quarter results on April 27, is just 1% below its all-time lows of $185.58 and down more than 50% from its all-time highs of $384.33. Analysts have a consensus estimate of $28.23 billion for revenue for the quarter, which is right in the middle of Meta’s $27 […]
Fundamentals of Thermal Coal, Generally a Hated Commodity, Continue to Look Positive
The fundamentals for one of the world’s most scorned commodities, thermal coal, continue to improve, and it is difficult to see a marked change coming over the near to intermediate term that would cause energy-starved countries to move away from the polluting fuel. In particular, India, the world’s second biggest coal-consuming country (to China) needs to […]
Amazon: BMO Lifts Price Target Following Earnings Preview
Amazon (NASDAQ: AMZN), one of the softest hit names during this market sell-off, is expected to report its first-quarter financial results on April 28. Analyst consensus on the company’s first quarter revenue is $116.29 billion, which is down from $121 billion only three months ago. However, the figure is in the higher range of the […]
SPAC Alberton Acquisition Faces Nasdaq Suspension After Last Proposed Merger Failed
Special purpose acquisition company Alberton Acquisition Corp. (Nasdaq: ALAC) announced that its proposed merger with energy firm SolarMax has been terminated by the latter. The failed business combination was the last chance for the SPAC to continue trading on the Nasdaq Stock Market. The blank check firm has been granted extensions by the big board […]
Aztec Minerals: Drill Results Continue To Expand California Zone – The Daily Dive
Today on the Daily Dive, we sit down with Simon Dyakowski, President and CEO of Aztec Minerals (TSXV: AZT). Simon joins us this afternoon to discuss the impact of interest rates on the precious metals markets, the launching of the first critical minerals strategy in Canada, and ongoing commodity market impacts from geopolitical tensions. Also […]
Gold, Silver, Crude Sent Plummeting Amid China’s Covid-19 Resurgence, Russia-Ukraine War Escalation
Gold, silver, and oil fell sharply on Monday morning, as traders’ demand for commodities soured amid rising Covid-19 cases in China and an escalation of tensions between Russia and Ukraine. The price of gold was down to almost a 4-week low this morning while silver slumped to the lowest in nearly nine weeks, as a […]
WELL Health Expects Over $120 Million In Revenue For Q1 2022
WELL Health Technologies Corp. (TSX: WELL) released today its preliminary results for Q1 2022. The company is expecting quarterly revenue “to be greater than $120.0 million”, up from Q4 2021’s revenue of $115.7 million. The company is also anticipating operating adjusted EBITDA to be north of $20 million and free cash flow around $10 million. This comes after […]