Canadian Dollar Hits Two Year Low Following Trump’s Election
The Canadian dollar has hit a two year low following the result of yesterdays presidential elections in the United States, following the election of Donald Trump for a second term. The US dollar hit a high of $1.3959 per Canadian dollar, a level which marks a two year low for the Canadian dollar. The surge […]
Athena Gold 2.0: New CEO Combines Nevada Resource with Red Lake Discovery Potential | Koby Kushner
In this interview, Koby Kushner, CEO of Athena Gold Corporation (CSE: ATHA), discusses the company’s strategic transformation into “Athena 2.0” and their focus on two flagship gold assets. Kushner outlines the company’s dual-project portfolio: the Excel project in Nevada and a newly acquired property in Ontario’s Red Lake district. He explains their ambitious strategy to […]
Cannabis Equities Hit Hard Following Ballot Failure In Florida
Cannabis stocks are having a major red day on the markets, following the results of yesterdays election in the United States. The strong decline is believed to be related to a mix of recreational amendments failing along with the failure of the Democrats, who are traditionally more open to legalization, to secure any major wins […]
Canadian Copper to Buy Caribou Complex for $6.2m | Simon Quick
In this interview, Simon Quick, CEO of Canadian Copper Inc. (CSE: CCI), provides insights into the company’s transformative acquisition of the Caribou processing plant complex and their path to becoming a copper producer. Quick highlights their strategic acquisition of the Caribou plant for $6.2 million, emphasizing that this fully permitted 3,000-ton-per-day mill would cost over […]
McEwen’s Q3 Revenue Climbs 36% Amid Gold Price Gains
McEwen Mining Inc. (TSX: MUX) reported its financial results for Q3 2024, propelled by an uptick in gold prices and efficient cost management. Revenue rose to $52.3 million, a 36% increase over Q3 2023’s $38.4 million, with the average gold price per ounce sold at $2,499 compared to $1,920 last year. Gross profit for the […]
Aurora Cannabis Posts Record EBITDA But Free Cash Flow Remains In The Red
Aurora Cannabis Inc. (TSX: ACB) reported strong results in its fiscal Q2 2025 earnings, posting a 29% year-over-year increase in total revenue, reaching $81.1 million compared to $63.1 million in Q2 2024. Notably, this represented a slight decrease from the $83.4 million reported in the previous quarter. The revenue boost from last year came predominantly […]
Pan American Silver Q3 2024: Record Cash Flow Overshadowed by Tax Setbacks
Pan American Silver Corp. (TSX: PAAS) recently reported its third-quarter financial results for 2024, toplined by a revenue of $716.1 million, representing a gain over last year’s $616.3 million in the same period, marking a 16.2% increase year-over-year. This growth aligns with industry-wide trends of rising commodity prices, particularly in precious metals. While revenue rose, […]
Recreational Cannabis Legalization Faces Setback as Florida Votes No to Amendment 3
In a major setback for cannabis advocates, Florida voters narrowly defeated Amendment 3, a proposal that sought to legalize recreational marijuana use for adults aged 21 and older. Despite garnering around 55.9% support, the initiative fell short of the required 60% threshold needed to amend Florida’s constitution. The defeat came after a heated campaign marked […]
Super Micro Faces Inflated Debt Amid Auditor Exit and Plummeting Profits
Super Micro Computer (NASDAQ: SMCI) has released preliminary financial data for its first fiscal quarter ending September 30, 2024. This update follows an unsettling period in which the company’s auditor, Ernst & Young LLP (EY), abruptly resigned, citing trust and transparency issues, leading to a sharp 35% drop in Super Micro’s stock price. The company’s […]
Gold Prices Power Kinross to $1.43B Revenue in Q3 2024, But Output Drop And Rising Costs Spark Concern
Kinross Gold Corporation (TSX: K) reported strong third-quarter financial results for 2024, demonstrating improved revenue and record free cash flow. However, while Kinross benefited from higher gold prices and effective cost management, production numbers dipped compared to last year, and certain operational and cost figures raise questions about sustainability. For the quarter ending September 30, […]