Dollar General Sees BMO Reiterate $265 Price Target Following Q2 Earnings
Dollar General Corporation (NYSE: DG) last Thursday reported its second-quarter financial results. The company announced that net sales increased 9% year over year to $9.4 billion, with the consumables segment growing 13% to $7.475 billion, while Dollar General saw its apparel segment see a 21% decline, going to $303.2 million. Operating profits for the quarter […]
Ontario Is Not Prepared For Its Future Population
Ontario’s population is expected to surge by 30% in the next two decades, but some experts warn that the province, with its lack of housing and general infrastructure, may not be ready to support this growth. Statistics Canada projects that the population of the province could jump to 19 million by 2043, an increase of […]
New Found Gold Launches US$100 Million At-The-Market Financing
New Found Gold (TSXV: NFG) is the latest firm looking to heavily dilute its shareholders. The company late on Friday announced that it would be conducting a significant at-the-market financing, which is to be facilitated through both the TSX Venture as well as the New York Stock Exchange. The financing will see the company look […]
Hemlo Explorers Closes Option Arrangement With Barrick Gold
It may have taken longer than planned, but Hemlo Explorers (TSXV: HMLO) has finally closed a definitive agreement with that of Barrick Gold Corp (TSX: ABX). The arrangement will see Barrick earn up to an 80% interest in a portion of Hemlo’s Pic Project. The arrangement will see Barrick earn up to an 80% interest […]
Royal Helium Said To Secure Helium Supply Agreement With Major Space Company
Royal Helium (TSXV: RHC) has apparently signed on to a major supply agreement, the details of which it is electing to not disclose. The firm this morning simply stated that it has “entered into a long-term agreement with a major North American space launch company for the supply of helium.” Further details on just whom […]
Verses Closes Financing For Gross Proceeds Of $14.9 Million
Verses Technologies (NEO: VERS) is cashed up and ready to execute upon its strategy. The firm this morning indicated that it has closed its final tranche of its previously announced financing, raising just shy of $15.0 million in the process. The company has closed its third and final tranche of the financing, which saw gross […]
Mindmed Completes 15-To-1 Reverse Split To Maintain Nasdaq Compliance
Mind Medicine (NEO: MMED) might be slightly more volatile over the next few sessions. The psychedelic firm late on Friday announced that it has completed its previously announced reverse split, significantly reducing the amount of outstanding common shares for the firm. With the completion of the reverse split, which was conducted on a one for […]
Heritage Mining: Advancing A Gold Project In Northern Ontario
Heritage Mining (CSE: HML), is a newly-listed, Vancouver-based junior exploration company that is developing its flagship 14,221 hectare Drayton-Black Lake Project in Northwestern Ontario. The Drayton-Black Lake Project is located on trend and adjacent to the Treasury Metals Inc. (TSX: TML) Goliath Gold Project, which has measured and indicated resources of 1,124,000 ounces of gold […]
Biden’s Student Debt Forgiveness Plan Receives Increasing Pushback As Cost Estimates Explode
U.S. President Biden’s decision to cancel US$10,000 of debt for many student borrowers has drawn criticism from all sides. Conservative politicians and lawmakers question the fairness of the plan for individuals who chose not to attend college or those who had already paid back their debt and suggest it could add at least somewhat to inflationary […]
Gift Cards Collecting Dust: Despite Surging Inflation, Americans Are Still Holding Onto $21 Billion in Unused Store Credits
Even amid the rapid and sharp erosion of purchasing power, nearly half of Americans still have some money left in their wallets— that they’re probably overlooking. According to a recent survey conducted by CreditCards.com, 47% of consumers currently have at least one gift card, store credit, or voucher laying around that they have yet to […]