Stocks

NuLegacy Gold Finalizes Issuance of Amendment Units to Metalla Royalty
September 12, 2024 12:14 AM AEST| By Team Kalkine MediaNuLegacy Gold Corp,(TSXV:NUG),has announced the successful completion of a significant transaction involving the issuance of 42 million units to Metalla Royalty & Streaming. This strategic move is set to relieve the company of annual exploration expenditu...

MustGrow Obtains Florida Registration for Biofertility Product TerraSante
September 12, 2024 12:11 AM AEST| By Team Kalkine MediaMustGrow Biologics Corp.,(TSXV:MGRO),has announced a significant milestone with the recent registration approval of its TerraSante product by the Florida Department of Agriculture and Consumer Services. TerraSante is an organic biofertility product derive...

HIVE Digital Technologies Secures $4.46M Through ATM Offering
September 12, 2024 12:02 AM AEST| By Team Kalkine MediaHIVE Digital Technologies,(TSXV:HIVE),has reported the successful completion of an At-The-Market (ATM) equity offering, raising C$6.09 million ($4.46 million). The offering, conducted from July 1 to July 19, 2024, saw the issuance of 1.37 million shares a...

Methanex Corporation (TSX:MX) to Acquire OCI Global’s Methanol Business in $2.05 Billion Deal
September 11, 2024 04:38 PM AEST| By Team Kalkine MediaMethanex Corporation (TSX:MX) has announced a definitive agreement to acquire OCI Global's international methanol business for $2.05 billion. This strategic acquisition includes OCI’s interests in two major methanol facilities located in Beaumont, Texas, ...

Canadian Sales of Low-Emission Vehicles Surge to Record Highs
September 11, 2024 04:36 PM AEST| By Team Kalkine MediaIn a notable divergence from global trends, Canadian sales of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) have achieved record-breaking figures in the second quarter of this year, according to the latest data from Statist...

Red Lobster Cleared for Reorganization Plan to Exit Bankruptcy
September 11, 2024 04:22 PM AEST| By Team Kalkine MediaIn a significant development for the seafood chain, Justice Peter Cavanagh of the Superior Court of Justice in Toronto has approved Red Lobster’s reorganization plan, paving the way for the chain to exit bankruptcy. This decision aligns with the plan prev...
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Bank of Canada Faces Inflation Challenges Amid Global Trade Disruptions
September 11, 2024 04:18 PM AEST| By Team Kalkine MediaThe Bank of Canada (BoC) may face increased difficulties in achieving its 2% inflation target due to ongoing global trade disruptions, according to Governor Tiff Macklem. In a speech delivered to the Canada-UK Chamber of Commerce in London, Macklem highli...

Enbridge Hasn't Achieved Notable Acceleration in Returns
September 11, 2024 05:33 AM AEST| By Team Kalkine MediaWhen assessing opportunities for substantial growth within a business, two critical trends warrant close attention: an increasing Return on Capital Employed (ROCE) and a growing amount of capital employed. These indicators suggest that a business is adept...
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Veren May Offer Value with Its Upcoming Dividend
September 11, 2024 05:26 AM AEST| By Team Kalkine MediaVeren Inc. is nearing its ex-dividend date, set to occur within the next two days. The ex-dividend date is critical as it occurs one business day before the record date. The record date is the cut-off for shareholders to be officially listed on the compan...

Is It the Right Moment to Examine AltaGas Ltd. ?
September 11, 2024 05:16 AM AEST| By Team Kalkine MediaAltaGas Ltd.,(TSX:ALA),has recently experienced a noteworthy surge in share price, exceeding 10% over the past few months on the TSX. This increase has propelled the company's stock close to its 52-week high. As a mid-cap entity, AltaGas benefits from sub...

Institutional Shareholders Exercise Significant Control Over Rogers Communications Inc.
September 11, 2024 05:11 AM AEST| By Team Kalkine MediaRogers Communications Inc.,(NYSE:RCI),presents a compelling case for examining the composition of its shareholder base. A significant aspect of this analysis involves understanding the role of institutional shareholders, who currently hold a 48% stake in ...

Is Loblaw Companies Limited's Recent Stock Performance Indicative of Its Financial Health?
September 11, 2024 05:03 AM AEST| By Team Kalkine MediaLoblaw Companies Limited,(TSX:L),has experienced a notable increase of 11% in its stock value over the last three months. This recent performance prompts a closer examination of the company's financial metrics to better understand its long-term market beh...

Improved Revenues Needed for iAnthus Capital Holdings, Inc. Stock's Recent Surge to Be Justified
September 11, 2024 04:47 AM AEST| By Team Kalkine MediaiAnthus Capital Holdings, Inc.,(OTH:ITHUF),has recently demonstrated impressive performance, with its share price showing a notable 33% gain over the past month. This uptick marks a significant recovery from previous declines. Despite this positive short-...

Spanish Mountain Gold Should Approach Business Growth with Caution
September 11, 2024 04:44 AM AEST| By Team Kalkine MediaIn the realm of equities, ownership of shares in companies that are not yet profitable can indeed yield substantial returns. A notable example is Salesforce.com, which, despite operating at a loss during its early years, provided significant gains for tho...

Frontera Energy Corporation's Earnings Fall Short of Some Shareholder Expectations
September 11, 2024 04:37 AM AEST| By Team Kalkine MediaIn the context of the Canadian market, where nearly half of the companies exhibit price-to-earnings (P/E) ratios exceeding 15x, Frontera Energy Corporation,(TSX:FEC),stands out with its notably lower P/E ratio of 4.5x. This disparity may initially suggest...

Mackenzie Master Limited Partnership Surges Despite Lagging Price and Business Performance
September 11, 2024 04:30 AM AEST| By Team Kalkine MediaThe Mackenzie Master Limited Partnership has recently exhibited a notable performance, with its share price advancing by 28% over the past month. This short-term success contrasts with a more modest full-year gain of 8.8%.,Despite the recent appreciation,...

EuroPacific Metals Rebrands as Ibero Mining
September 11, 2024 04:20 AM AEST| By Team Kalkine MediaEuroPacific Metals,(TSXV:EUV),now rebranded as Ibero Mining Corp., has made a strategic move to better align with its focus on mineral resource exploration across Europe. This significant rebranding effort reflects the company's dedication to harnessing t...

Cardiol Therapeutics to Present Results from Phase 2 Recurrent Pericarditis Study
September 11, 2024 03:53 AM AEST| By Team Kalkine MediaCardiol Therapeutics,(TSX:CRDL),has completed its Phase 2 MAvERIC-Pilot study evaluating the effects of its novel therapy, CardiolRx, on patients with recurrent pericarditis. The company plans to present the comprehensive results at the American Heart Ass...

Silver North Initiates Drilling at Three Key Locations at Haldane
September 11, 2024 03:43 AM AEST| By Team Kalkine MediaSilver North Resources has commenced its 2024 drilling campaign at the Haldane property located in Yukon’s renowned Keno Hill Silver District. This new initiative involves around 1,000 meters of drilling, targeting three key areas: the West Fault, Main F...

Trillion Energy Increases Output at SASB Field with Akcakoca-3 Well Production
September 11, 2024 03:28 AM AEST| By Team Kalkine MediaTrillion Energy International Inc.,(OTC:TRLEF),has recently announced significant developments at the SASB Gas Field, located offshore Türkiye. The company revealed that the Akcakoca-3 well, which was first perforated in July, is now operational and produ...
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