After “Record Sales For The Year” Canada Goose Expects Losses Next Quarter
Canada Goose Holdings Inc. (TSX: GOOS) reported today its fiscal Q4 and full-year 2022 financial results ended April 3, 2022. The firm recorded a quarterly revenue of $223.1 million, up from Q4 2021’s $208.8 million. But for fiscal Q1 2023, the company is expecting the topline figure to land between $60 – $65 million. This is […]
Haywood Lowers Equinox Gold’s Price Target Following RDM Mine Suspension
On May 16, Equinox Gold (TSX: EQX) announced that they are temporarily suspending operations at their RDM Mine due to permit delays. The company has said that its permits for the tailing storage facility have been delayed, yet add that they are in active discussions with regulatory authorities. Equinox Gold says that the tailings storage […]
Nutrien Looks To Build The “World’s Largest Clean Ammonia Facility” For $2 Billion
Nutrien Ltd. (TSX: NTR) announced on Wednesday a plan to build what it touts to be the largest clean ammonia facility in the world. The project is estimated to cost $2 billion over a three-year period of construction. “Our commitment to the development and use of both low-carbon and clean ammonia is prominent in our […]
MindMed Reveals Favorable Results From Phase 1 Trial Of Drug Candidate For Opioid Withdrawal Treatment
Mind Medicine Inc. (NEO: MMED), more commonly known as MindMed, announced today the topline results from the phase 1 clinical trial for its opioid withdrawal treatment drug candidate. The drug is said to have shown favorable safety and tolerability among the trial’s subjects. “As there is a major unmet need to address the ongoing and […]
Vizsla Silver Hits 2,461 g/t Silver, 13.16 g/t Gold Over 2.65 Metres At Panuco
Vizsla Silver (TSXV: VZLA) has reportedly intersected a new vein at the northern end of the Tajitos target at the firms flagship Panuco project in Mexico. The announcement was made this morning as part of the release of a total of ten assay results from an ongoing drill program. Highlights from the results released this […]
Skyharbour Options 51% Stake In Rio Tinto Uranium Property
Rio Tinto appears to be rather uninterested in the Athabasca Basin. It was announced this morning that Skyharbour Resources (TSXV: SYH) would be acquiring an initial 51% stake in the firms Russell Lake Uranium Project, via an arrangement consisting of cash and shares. The Russell Lake Uranium Project is located in a key region of […]
Digihost Technology Announces Share Buyback Program Two Months After Launching At The Market Financing
Digihost Technologies (TSXV: DGHI) doesn’t seem to know whether its coming or going. The firm this morning announced it has been approved to conduct a share buyback program, two months after it announced an at-the-market financing. The normal course issuer bid will see the company permitted to repurchase up to 1.22 million of its subordinate […]
Max Resource Closes On $15.3 Million Financing
Max Resource Corp (TSXV: MAX) is now cashed up and ready to drill test its flagship Cesar copper-silver project in Colombia. The firm this morning announced that it has closed a major financing. The financing saw the company raise total gross proceeds of $15.3 million via a non-brokered private placement. The offering saw units sold […]
Biden Administration Eases Venezuelan Energy Sanctions in Effort to Boost Oil Supply
The White House is moving ahead with easing sanctions on Venezuela’s government, in a bid to boost the global oil supply after slapping Russia with restrictions on its crude exports. With oil persistently sitting above $100 per barrel since Russia’s military operation in Ukraine and the West’s subsequent condemnation of Moscow, the Biden administration is […]
Sundial: Canaccord Drops Target To $0.50 Following Q1 Results
On Monday, Sundial Growers Inc. (Nasdaq: SNDL) reported its first quarter financial results. The company announced that revenues for the quarter totaled $17.6 million, down slightly from the $18 million it reported last quarter. On the segments, the company recorded $8.77 million in revenue from cultivation while its retail segment reported $7.5 million, and its […]