Great Panther Mining Posts Q2 All-In Sustaining Costs Of $3,299 Per Gold Ounce
After gold production fell 27% on a year over year basis for the second quarter at Great Panther Mining (TSX: GPR), shareholders, arguably were not expecting much positives from the company. They were right to do so. Great Panther last night reported revenues for the second quarter of $30.0 million, which declined from $39.0 million […]
Green Thumb Sees Q2 Revenue Grow To $254.3 Million
Green Thumb Industries (CSE: GTII) last night after the bell reported its second quarter financial results for 2022. The company managed to post growth of 4.8% on a quarter over quarter basis despite the current state of the US cannabis market, while also posting positive net income. Revenue for the quarter grew to $254.3 million, […]
Moderna Shares Soar As Company Announces $3 Billion Stock Buyback
Moderna Inc (NASDAQ: MRNA) shares on Wednesday soared as high as 17% after it announced that it would be buying back up to US$3 billion of its stock when it reported its second-quarter earnings. But not everyone’s happy about the plan. The buyback will benefit early investors, those who’ve already made millions from the Covid-19 […]
NG Energy: Beacon Maintains $2.80 Price Target After Sinu-9 Discovery
Yesterday, NG Energy (TSXV: GASX) announced that it had conducted two successful drillstem tests and a test “within three prospective zones in the Magico-1x well.” The tests produced 13.2 MMcf of gas, while at the same time demonstrating a flow rate of over 15 mmscf/d for the well within the Cienaga de Oro formation across […]
Robinhood Reports Better-Than-Feared 2Q 2022 Results, Announces 23% Headcount Reduction
After the market closed on August 2, Robinhood Markets, Inc. (NASDAQ: HOOD) announced weak 2Q 2022 results (but results that may be considered better than feared), as well as plans to cut an enormous 23% of its workforce. It appears this includes and is an extension of the 9% workforce reduction plan the company announced in April 2022. Robinhood’s […]
AMC: Analysts Call For EPS Of -$0.19 In Q2
AMC Entertainment Holdings, Inc. (NYSE: AMC) will report its second quarter financial results on August 4th after market close. Analysts have a consensus $9.09 12-month price target on the company, via a total of 8 analysts, with 3 analysts having hold ratings, 3 analysts have sell ratings and the last 2 analysts have strong sell […]
The Nancy Pelosi Travel Diary: “Taiwan’s Most Devoted Friend” Miffs China, Triggers Military Drills Near Taiwan’s Coastline
As House Speaker Nancy Pelosi departs from her controversial visit to Taiwan, China prepares to launch a fiery display of displeasure through a series of live-fire military drills scheduled to begin on Thursday. The drills, as described on a post shared by Chinese state media, will be performed in five zones surrounding the self-ruled island, […]
Rugpull Galore: Solana Ecosystem Becomes Latest to Suffer Crypto Hack
The Solana ecosystem has become the newest victim of cryptocurrency crime, after more than 8,000 wallets become compromised in what appears to be an ongoing attack as of Tuesday night. Those with Solana blockchain-based crypto wallets were rudely awakened when funds were unexpectedly withdrawn without their consent from hot wallets such as Phantom, Slope, and […]
South Africa Erupts In Protests as Global Inflation Crisis Worsens
The extent of the global inflation crisis is becoming increasingly apparent, as more and more countries succumb to protests and chaos over the exponential surge in living costs. South Africa has become the latest country to experience unrest over surging energy costs, as residents took to the streets of Johannesburg to erect road blockades and […]
Did Visa Enable Mindgeek’s Child Porn Problem? (And Is It The Newest Short Target In Town?)
The ongoing saga of MindGeek’s–the parent company of adult site Pornhub–troubled policy in policing their pornographic content of illegal underage and nonconsensual videos has recently hit a dramatic turn. One of the lawsuits filed against the firm involves global payment platform Visa (NYSE: V) as one of the defendants, alleging the latter as an enabler […]