Metal and mining
Starcore International Mines (TSX:SAM) Reports First Quarter Production Results and Upcoming Testing Plans
August 19, 2024 04:37 AM EDT| By Team Kalkine MediaStarcore International Mines Ltd. (TSX: SAM) has released its production results for the first fiscal quarter ending July 2024 at its San Martin Mine, located in Queretaro, Mexico. The company reported steady output, reflecting the average production...
New Found Gold's CA$8.92M Insider Investment Still Yet to Pay Off
August 09, 2024 11:10 AM EDT| By Team Kalkine MediaInsiders who acquired shares of New Found Gold Corp. (TSX:NFG) for CA$8.92 million at an average price of CA$5.51 over the past year may be concerned by the recent 14% decline in the share price. This decline has reduced the value of their investment...
Canadian Undiscovered Gems to Watch in August 2024
August 09, 2024 11:00 AM EDT| By Team Kalkine Media1. Lassonde Industries Inc.,Overview:,Lassonde Industries Inc. has a market capitalization of CA$1.06 billion. The company specializes in developing, manufacturing, and marketing ready-to-drink beverages, fruit-based snacks, and frozen juice concentr...
New Found Gold's CA$8.92M Insider Investment Still Yet to Pay Off
August 09, 2024 10:55 AM EDT| By Team Kalkine MediaInsiders who acquired shares of New Found Gold Corp.,(TSX:NFG),for CA$8.92 million at an average price of CA$5.51 over the past year may be concerned by the recent 14% decline in the share price. This decline has reduced the value of their investment...
Solaris Resources Inc. (TSX:SLS) Sees CA$86M Market Cap Drop, Disappointing Recent Insiders
August 09, 2024 10:50 AM EDT| By Team Kalkine MediaUnderstanding the control dynamics of Solaris Resources Inc. (,TSX:SLS,) involves examining the ownership structure of the company. Individual insiders hold the largest stake, with a 41% ownership share. This significant ownership means they have the...
Is Santacruz Silver Mining (TSX:SCZ) Overleveraged?
August 09, 2024 10:45 AM EDT| By Team Kalkine MediaDebt can be a powerful tool for business growth, but it also brings significant risks. If a company cannot meet its debt obligations, it becomes vulnerable to its lenders. In extreme cases, this could lead to bankruptcy. Although such scenarios are r...
Insider Investment in World Copper Yields Return on CA$1.39M
August 09, 2024 10:40 AM EDT| By Team Kalkine MediaIn the past year, the largest insider transaction at World Copper,(TSX:WCU),was made by Director Robert Kopple, who acquired shares worth CA$1.0 million at a price of CA$0.07 per share. Although this purchase was made at a price lower than the curren...
Cautious Market Reactions Undermining Andean Precious Metals Corp.'s Full Performance Recognition
August 09, 2024 10:35 AM EDT| By Team Kalkine MediaWith a price-to-sales (P/S) ratio of 0.7x, Andean Precious Metals Corp.,(TSX:APM),may currently signal strong potential, particularly when compared to other Metals and Mining companies in Canada. Many of these companies have P/S ratios exceeding 2.8x...
1 Canadian Mining Stock to Watch for the Long Term
August 09, 2024 12:00 AM EDT| By Team Kalkine MediaThe mining sector is often avoided due to its volatile nature, but stock prices in this sector typically rise with increased demand for precious metals. Gold, in particular, serves as a safety net during market downturns. Currently, the materials sec...
GoGold Resources' High P/S Ratio: Betting on a Revenue Turnaround
August 02, 2024 12:00 AM EDT| By Team Kalkine MediaGoGold Resources Inc. is currently trading with a price-to-sales (P/S) ratio of 12.3x. This valuation is notably high compared to the Metals and Mining sector in Canada, where nearly half of the companies have P/S ratios below 3x, and even ratios und...
Trigon Metals Transforms: From Loss to Profit with Revenue Surge
August 02, 2024 12:00 AM EDT| By Team Kalkine MediaTrigon Metals has reported its full-year results for 2024, showing a notable turnaround from the previous year. Revenue surged to US$9.59 million, marking a substantial increase of US$8.64 million compared to the fiscal year 2023. This significant re...
Starcore International Mines (TSX:SAM) Reports Financial Performance for Fiscal Year 2024
July 30, 2024 05:00 AM EDT| By Team Kalkine MediaStarcore International Mines Ltd. (TSX: SAM) has released its financial results for the fiscal year ending April 30, 2024. The company, known for its mining operations in Queretaro, Mexico, has reported notable advancements and achievements over the...
Seabridge Gold's (TSX:SEA) KSM Project Receives "Substantially Started" Designation
July 29, 2024 02:31 AM EDT| By Team Kalkine MediaSeabridge Gold (,TSX:SEA,) (NYSE:SA) announced that its wholly owned subsidiary, KSM Mining ULC ("KSM Co"), has been granted the "substantially started" designation from the British Columbia (BC) Government for its KSM Project. This significant miles...
Golden Opportunities: Leading TSX Gold Stocks to Watch in July 2024
July 23, 2024 10:22 AM EDT| By Team Kalkine MediaAfter years of underperformance, gold has finally surged and is reasserting its role as a stable metal.,The S&P/TSX Global Gold Index has outperformed the TSX Index in 3 of the last 4 years. This trend has been driven by the global pandemic followed...
Lundin Mining (TSX: LUN) Pre-Announces Q2 2024 Earnings Impact from Key Financial Items
July 19, 2024 02:23 AM EDT| By Team Kalkine MediaLundin Mining Corporation (,TSX: LUN,) has issued a pre-announcement regarding certain financial items expected to impact the company’s quarterly earnings, adjusted earnings before interest, taxes, depreciation, and amortization (adjusted EBITDA), ad...
Dundee Corporation (TSX: DC.A) Enters Mining Sector with Major Stake in Greenheart Gold
July 18, 2024 04:30 AM EDT| By Team Kalkine MediaDundee Corporation (TSX: DC.A) has made a significant move in the mining sector with the acquisition of 9,768,366 common shares of Greenheart Gold Inc. This acquisition marks Dundee's entry into Greenheart Gold following a completed plan of arrangeme...
Cleveland-Cliffs to Acquire Stelco Holdings (TSX: STLC) in C$3.4 Billion Deal
July 16, 2024 03:19 AM EDT| By Team Kalkine MediaStelco Holdings Inc. (,TSX: STLC,) has announced a definitive agreement with Cleveland-Cliffs Inc. (NYSE: CLF) under which Cleveland-Cliffs will acquire all issued and outstanding common shares of Stelco. The transaction, valued at approximately C$3....
Teck Resources (TSX: TECK.A) Finalises Sale of Steelmaking Coal Business to Glencore for $7.3 Billion
July 11, 2024 09:13 PM EDT| By Team Kalkine MediaTeck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) has announced the completion of the sale of its remaining 77% interest in the steelmaking coal business to Glencore plc. The transaction resulted in total cash proceeds of $7.3 billion, subj...
Talon Metals (TSX: TLO) Secures US$8M Deal with Triple Flag to Propel US Projects
July 09, 2024 02:03 AM EDT| By Team Kalkine MediaTalon Metals Corp. (,TSX: TLO,) has entered into a significant agreement with Triple Flag Precious Metals Corp.'s subsidiary, Triple Flag USA Royalties Ltd. ("Triple Flag US"), marking a strategic move aimed at bolstering its financial position and a...
Lundin Gold (TSX: LUG) Delivers Record Q2 Performance: 133,062 Ounces of Gold Produced
July 09, 2024 01:52 AM EDT| By Team Kalkine MediaLundin Gold Inc. (,TSX: LUG,) has announced robust second-quarter 2024 results from its Fruta del Norte gold mine in southeast Ecuador, marking a significant uptick in production and operational efficiency. The company reported a total gold productio...