Stocks

Oil Prices Near Seven-Month Low as Libyan Production Halts and Market Volatility Continues
August 06, 2024 02:00 PM AEST| By Team Kalkine MediaOil prices remained near a seven-month low as global equity markets stabilized and attention shifted back to the Middle East following production halts in Libya. Brent crude, the global benchmark, traded slightly above $76 a barrel after experiencing...

Canada Life Assurance Co. Increases Stake in SIGA Technologies, Inc.
August 06, 2024 02:00 PM AEST| By Team Kalkine MediaCanada Life Assurance Co significantly raised its holdings in SIGA Technologies, Inc. (NASDAQ:SIGA) by 996.5% during the first quarter, according to the firm's latest 13F filing with the Securities and Exchange Commission (SEC). Following this increa...

Vermilion Energy Boosts Dividend Yield to 3.74% with Upcoming Payout
August 06, 2024 02:00 PM AEST| By Team Kalkine MediaCanada Life Assurance Co. Increases Stake in Vermilion Energy by 17.3%,Vermilion Energy Stock Opens at $9.42 Amidst Solid Performance Metrics,Vermilion Energy Announces Dividend Increase, Payable on October 15th,Canada Life Assurance Co. has increase...

Top 3 Canadian Growth Stocks to Watch
August 06, 2024 02:00 PM AEST| By Team Kalkine MediaThe Canadian market has experienced a flat performance over the past week but has risen by 12% over the past year, with earnings projected to grow by 15% annually. In this positive environment,,growth stocks,with high insider ownership are notably ap...
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Topaz Energy (TSX:TPZ) Announces Dividend Increase to CA$0.33
August 06, 2024 02:00 PM AEST| By Team Kalkine MediaTopaz Energy Corp. Raises Dividend to CA$0.33, Yield Reaches 5.3%,Topaz Energy Faces Challenges in Sustaining High Dividend Payout Amid Financial Pressures,Topaz Energy's Growing Dividend Shows Promise but Lacks Long-Term Track Record,Topaz Energy Co...

OpenText Shares Drop 6% Despite Strong Earnings and Revenue Growth
August 05, 2024 02:00 PM AEST| By Team Kalkine MediaOpenText (,TSX:OTEX,) saw a 6% drop in its share price this week, reflecting broader declines in the tech sector. Despite this, the company’s recent earnings report offers insight into potential opportunities, especially with shares trading below $40...

Amazon Slides as Profit Forecast Falls Short Due to AI Costs
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaAmazon.com Inc (NASDAQ:AMZN). forecasted a profit that fell short of analysts' estimates, leading to a decline in its share price during after-hours trading. The company's substantial spending on artificial intelligence (AI) services has increased, i...

2 TSX Growth Stocks: High Insider Ownership, 84% Revenue Growth
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaIn the Canadian market, Aya Gold & Silver and Ivanhoe Mines are two standout companies showing remarkable growth potential. Aya Gold & Silver, with its focus on Moroccan precious metals, and Ivanhoe Mines, with its significant African mining operatio...
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Top 3 Undervalued Canadian Small Cap Stocks
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaIn the dynamic Canadian market, several,small-cap stocks,are gaining attention for their unique strengths and potential growth. Centerra Gold, Hammond Power Solutions, and Interfor are three notable firms that stand out for their distinctive roles in...

Notable Canadian Stocks with Significant Growth
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaIn the dynamic Canadian market, a few companies are emerging as noteworthy opportunities with significant potential for growth. These firms, each with distinct strengths in their respective sectors, offer compelling prospects. Brookfield Asset Manage...

Spotlight on Top 3 Emerging Canadian Stocks
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaIn the ever-evolving Canadian market, several lesser-known companies are emerging as notable opportunities with significant growth potential. These companies, while not yet widely recognized, are demonstrating strong performance and robust prospects....

Top TSX Dividend Stocks: Featuring Power Corporation of Canada
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaRecently, the Canadian market has shown impressive performance, climbing 2.1% over the past week and 14% over the past year. This robust growth, coupled with a projected annual earnings increase of 15%, provides a promising environment for,dividend s...

Cameco Reports Strong Q2 Growth but Falls Short of Revenue and EPS Estimates
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaHighlights,Cameco’s second-quarter revenue rose 24% year-over-year to CA$598.5 million, though it fell short of analyst projections by 20%.,Net income surged 163% to CA$36.0 million, with profit margins improving to 6.0% from 2.8% in the prior year.,...

Gold Surges Past $2,400, Nears Record High After U.S. Inflation Drop
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaHighlights:,Gold price surged past $2,400 an ounce, approaching May’s record high after U.S. consumer prices unexpectedly dropped.,A 0.1% decline in monthly consumer prices and a subdued core price gauge boost hopes for Federal Reserve rate cuts.,Str...

Tilray Introduces Non-Alcoholic Drink Brand Runner's High Brewing Co
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaHighlights,Tilray Brands introduces Runner’s High Brewing Co., a new line of premium non-alcoholic beers.,The debut flavors of Runner’s High include dark chocolate, raspberry, and golden wheat, launching at the Peachtree Road Race in Atlanta.,Tilray'...
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Lightspeed Reports Q1 Growth, CEO Highlights Ongoing Progress
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaLightspeed Commerce reported a notable turnaround with first-quarter revenue rising to $266.1 million, surpassing expectations.,The company's transaction-based revenue surged by 44% year-over-year, with payments now comprising over 60% of total reven...

Snap Shares Plunge on Weak Sales and Profit Outlook
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaSnap Inc. experienced a significant drop in its share price during extended trading following the release of its second-quarter financial results, which missed expectations. The company's revenue and earnings forecast for the current period fell shor...

GoGold Resources' High P/S Ratio: Betting on a Revenue Turnaround
August 02, 2024 02:00 PM AEST| 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 02:00 PM AEST| 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...

Christina Lake Cannabis Q2: Revenue Falls and Shares Drop 14%
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaChristina Lake Cannabis released its second-quarter 2024 financial results, revealing a decline in revenue to CA$3.33 million, which represents a 4.1% decrease compared to the same period last year. The company experienced a significant widening of i...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024