Sage Potash closed up 220% at $0.80, while Brunswick (NYSE:BC) Exploration rose 5% to $0.88, Thunder Gold finished 25% higher to $0.05, and GR Silver Mining (TSX-V:GRSL) ended up 10% at $0.11.
Sage Potash Corp (TSX-V:SAGE) (TSXV: SAGE) shares surged 140% to $0.60 on Monday after the potash project developer began trading on the TSX Venture Exchange and announced that it has identified a large-scale, high-grade, US-based potash resource.
Canadian Solar Inc could be a bright spot for investors amid the recent market turmoil when it posts its fourth quarter fiscal 2022 results before the opening bell on Tuesday.
The Guelph, Ontario-based solar technology and renewables energy company in late February released selective preliminary unaudited results for the fourth quarter.
SPDR Regional Banking ETF (KRE) advanced as much as 2.1% on Monday, after dropping 14% last week, following the news of a Swiss government-engineered takeover of troubled lender Credit Suisse by UBS.
Leading the advance was PacWest Bancorp shares, which climbed 10% to $10.17, while shares of First Citizens BancShares Inc also jumped 10% to $559.30, and BankUnited (NYSE:BKU) Inc stock rose 7% to $22.74.
Tencent Music Entertainment is scheduled to announce its fourth quarter earnings before the bell on Tuesday, and investors will be watching for whether shares will continue their positive year-over-year trend.
Analysts expect the Chinese firm to report revenue of US$1.07 billion and earnings per share of $0.13 for the three months ended December 31. That compares to US$1.19 billion and $0.08 per share in the same period of 2021.
Analysts at Canaccord Genuity (TSX:CF, LSE:CF) have reiterated their ‘Buy’ rating for Illumina Inc (NASDAQ:ILMN) following recent activism efforts against the biotechnology company led by veteran activist investor Carl Icahn.
Icahn, who owns a 1.4% stake in the San Diego-based DNA sequencing company, on March 13 issued a letter to Illumina shareholders criticizing its $7.1 billion merger with Grail and nominated three individuals to join the company’s Board of Directors.
Opportunities for generative AI are expected to be a big focus at Nvidia Corporation's (NASDAQ:NVDA) 2023 GTC conference next week, according to analysts at Wedbush Securities.
Of the 650 sessions at GTC, more than 10% are focused on generative AI, the analysts pointed out in a note to clients.
GameStop Corp (NYSE:GME) faces several short- and long-term headwinds that are likely to weigh on its performance, leading to analysts at Wedbush maintaining an ‘Underperform’ rating on the stock, with a 12-month price target of $5.30 — against the roughly $16/$17 the stock currently trades at.
Ahead of the release of its fourth quarter fiscal 2023 results after the bell on Tuesday, they said the Street appears to be in a “generous mood for its holiday quarter estimates.”
A New York Community Bancorp (NYSE:NYCB) subsidiary has reached a deal with regulators to buy deposits and loans from Signature Bank, sending the company’s shares soaring.
The deal would see the subsidiary, Flagstar Bank, take on nearly all of New York-based Signature Bank’s deposits, a portion of its loan portfolios and all 40 of its former branches, according to the Federal Deposit Insurance Corporation (FDIC).
TerrAscend Corp. (CSE:TER, OTCQX:TRSSF) has retained a ‘Buy’ rating but a reduced price target of C$2.85 from Canaccord Genuity's analysts following the release of fourth-quarter results ending December 31, 2022.
For the quarter, the analysts noted that TerrAscend reported net revenues of US$69 million, a 4.2% increase from the previous quarter and slightly ahead of their forecast of US$68.5 million for the period.
Nike has a track record of exceeding the Street’s earnings forecasts and another earnings beat could be just around the corner with the athletic apparel company reporting its third quarter fiscal 2023 results after the bell on Tuesday.
Nike has topped estimated by 16.48% on average in the last two quarters, according to Zacks Equity Research.
Amazon is laying off 9,000 more employees after it cut 18,000 jobs in January, the company’s CEO Andy Jassy said in a letter to staff on Monday.
The latest round of job cuts will primarily impact the eCommerce giant’s cloud computing, human resources, advertising, and Twitch live-streaming businesses, according to the letter.
Foot Locker, Inc. (NYSE:FL) shares are on the back foot after the athletic retailer revealed a weaker-than-expected outlook for fiscal 2023, despite posting fourth-quarter earnings that topped expectations.
The New York-based athletic retailer achieved fourth-quarter revenue of $2.334 billion, down 0.3% year-over-year from $2.341 billion, but ahead of the consensus expectation per FactSet of $2.146 billion.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has earned a price target raise and repeat ‘Buy’ rating from Canaccord Genuity (TSX:CF, LSE:CF)'s analysts who say the company remains one of their top picks among senior gold producers.
The analysts wrote in a note to clients that they were raising their target price for the stock from C$43 to C$45 following the company’s fourth-quarter 2022 results and year-end 2022 reserve and resource update.
WeCommerce Holdings Ltd earned a price target upgrade from analysts at Canaccord Genuity (TSX:CF, LSE:CF), who recommend holding the stock ahead of its planned merger.
The software company’s fourth quarter results beat the firm’s expectations on both the top and bottom lines, thanks in part to growth in its themes division. WeCommerce operates three segments: apps, themes and agency.
Bankrupt cryptocurrency exchange FTX is suing the liquidators overseeing the wind-down of its Bahamian affiliate FTX Digital Markets (DM), alleging they have wrongly claimed ownership of the exchange’s assets.
FTX’s new management said in the lawsuit filed on Sunday that the liquidators were laying claim to FTX.com’s cryptocurrency, intellectual property, and customer relationships, per a Reuters report.
The Canadian Securities Exchange unveiled performance statistics for February 2023, which included 10 total new listings and 5 initial public offerings.
The total trading volume of CSE-listed securities was 1.4 billion shares and total trading value was $336 million.
The US Federal Deposit Insurance Corp extended the bidding window for former units and assets of Silicon Valley Bank on Monday, the agency announced.
The FDIC, which took over SVB on March 10 and renamed it Silicon Valley Bridge Bank, opted to push the deadline back to 8 pm ET on March 22 for Silicon Valley Private Bank and March 24 for Silicon Valley Bridge Bank.
Appia Rare Earths & Uranium Corp. (CSE:API, OTCQB:APAAF) has announced the release of geochemical assay results from the 2022 diamond drilling of the Magnet Ridge Zone on its 100%-owned Alces Lake Rare Earth Elements (REES) property in Northern Saskatchewan.
Reporting the second set of results, the company noted that final assays for the 2022 Alces Lake diamond drilling program have been received, compiled, and interpreted zone-by-zone. Further results will follow once all the results are finalized, it added.
First Republic Bank stock tumbled again Monday morning after credit rating agency S&P tagged the bank with a significant downgrade over the weekend.
The firm dropped the regional bank from a B+ to a BB- rating (a three-step downgrade) and said that additional downgrades were not out of the question.
Starbucks Corp (NASDAQ:SBUX) has handed the reins of the world’s largest coffee chain to its incoming chief executive officer Laxman Narasimhan nearly two weeks earlier than planned.
The Seattle-based company said that longtime Starbucks boss and interim CEO Howard Schultz exited the role on Monday, with Narasimhan officially taking over and joining the company’s board. The handoff was expected to happen around April 1.
BioLargo Inc (OTCQB:BLGO) revealed that its first-quarter 2023 revenue has already surpassed its previous record quarterly revenue set last quarter.
The Westminster, California-based company said the revenue growth is driven primarily by sales of the Pooph branded pet-odor control product sold by Ikigai Marketing Works LLC.
First Phosphate Corp. (CSE:PHOS) told investors it can proceed towards a beneficiation pilot plant ahead of schedule after obtaining positive metallurgical testwork results on mineralization sourced from its Lac à l'Orignal Property in the Saguenay-Lac-St-Jean region in Quebec, Canada.
The company said results from the batch and locked cycle tests were used to prepare an overall mass balance for the proposed flowsheet. The overall mass balance showed that the flowsheet could recover 91.4% of the apatite to a concentrate containing 40.2% P2O5 (phosphorus pentoxide).
Railtown AI Technologies Inc (CSE:RAIL) announced that the first of its AI-powered Co-Pilot solutions is available for purchase in Microsoft's Azure Marketplace.
The company’s Release Notes Co-Pilot is now available by paid subscription to over 400,000 Microsoft partners worldwide and behind a paywall for non-Microsoft Partners at Railtown’s website.
DGTL Holdings Inc. (TSX-V:DGTL, OTCQB:DGTHF) said it has closed its previously-announced non-brokered private placement, raising gross proceeds of $725,200 by issuing 14,504,000 company units at a price of $0.05 each.
The digital media technologies accelerator said proceeds from the offering will be used to expand addressable client markets via the development of a trial access version of the company's data analytics PaaS (Platform-as-a-Service) TotalSocial, business development therein, and general working capital.
Warren Buffett, the billionaire CEO of Berkshire Hathaway Inc (NYSE:BRK.A), has been in contact with senior officials in US President Joe Biden’s administration to lend assistance during the banking crisis.
Buffett has had multiple conversations with Biden’s team in recent days, according to media reports.
Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB) reported exceptionally high-grade results for an initial Mineral Resource estimate and Technical Report prepared for its Yoquivo silver-gold project in northwest Chihuahua state, Mexico.
The Golden, Colorado-based gold and silver producer owns seven concessions that comprise the Yoquivo property, totaling 1,974.8 hectares in Mexico. The concessions owned by Golden are subject to net smelter return royalties of 2% to 3% on production, capped at $2.8 million in aggregate.
Sidney Resources Corporation (OTC:SDRC) has announced the successful arrival of custom lenses for its laser scan head from IPG Photonics, and the final batch arrival of specialized mirrors manufactured for it by Raytheon ELCAN.
In addition to this, the company said, Goshan Machine and Design of Spokane, Washington is in the process of manufacturing the laser safety test cabinet. These are items that are all critical components as the team prepares for testing the laser unit at Colorado School of Mines (CSM).
Revive Therapeutics Ltd (CSE:RVV, OTCQB:RVVTF) has announced an update on its US Food & Drug Administration (FDA) Phase 3 clinical trial to evaluate the safety and efficacy of Bucillamine, an oral drug with anti-inflammatory and antiviral properties in patients with mild to moderate coronavirus (COVID-19).
The life sciences company noted that on March 8, 2023, it announced that it had received its Type C meeting written responses from the FDA to obtain agreement on the proposed protocol endpoints for the company’s study.
Arizona Silver Exploration Inc. (TSX-V:AZS) announced that it has completed its first 2023 reverse circulation (RC) drilling program at the Philadelphia epithermal gold-silver project in Arizona.
The program consisted of 12 holes for a total of 1,256 meters, the company said, and assay results will be announced when received.
Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) has reported "encouraging" assay results from the ongoing in-fill drilling program at its San Matias Copper-Gold-Silver Project in Colombia, which returned shallow high-grade copper-gold mineralization in the north of the Alacran Deposit with long intervals of over 1% copper equivalent (CuEq1) from drill holes ACD162 and ACD170.
"I'm delighted to see that the in-fill drilling program continues to deliver encouraging assay results, especially in the north of the Alacran Deposit," commented Sarah Armstrong-Montoya, president and CEO of Cordoba said in a statement.
Analysts at Eight Capital hit the road with Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) to see the company’s marketing tour in person and came away impressed.
The firm reiterated a ’Buy’ rating and C$1.50 price target in a note to clients published Thursday.
GR Silver Mining (TSX-V:GRSL) Ltd. has announced an independent, updated Mineral Resource Estimate (MRE) for its wholly-owned Plomosas Project in Sinaloa, Mexico, with highlights including sharp rises in indicated and inferred mineral resources.
The resource estimate completed by ARSENEAU Consulting Services Inc integrates resources for the San Marcial, Plomosas Mine and San Juan-La Colorada Areas within the Plomosas Project.
enCore Energy Corp (TSX-V:EU, NYSE-A:EU) told investors that the challengers to the Nuclear Regulatory Commission's (NRC) granting of a Source Materials License to its Powertech (USA) Inc wholly-owned subsidiary have declined to seek review by the US Supreme Court, with the NRC license now final and fully effective.
In a filing before the Environmental Protection Agency's (EPA) Environmental Appeals Board, enCore Energy noted that the Oglala Sioux, which had challenged the NRC license, stated that "the Oglala Sioux does not oppose the lifting of the stay in this matter given the conclusion of the proceedings in the US Court of Appeals for the DC Circuit". As a result, it said the Oglala Sioux thereby confirmed its decision not to seek a Supreme Court review of the NRC license.
Altaley Mining Corporation (TSX-V:ATLY) said that its name will change to Luca Mining Corp from the opening of trading on Tuesday, March 21, 2023, and it will trade under the symbol LUCA on both the TSX Venture and OTCQX exchanges.
Altaley also said Ralph Shearing will retire from his role as president of the company, and be replaced by Ramon Perez effective March 27, 2023, adding that Shearing will remain as a director of Altaley.
Looking Glass Labs Ltd highlighted the evolution of its Pocket Dimension metaverse offering and the execution of its Web 3.0 design work and associated services to third parties as the company released results for its fiscal second quarter.
In the results statement, CEO Dorian Banks said: “The company navigated some challenging economic and industry conditions in the second quarter of 2023 and across the first half of its fiscal year."
AMPD Ventures Inc (CSE:AMPD, OTCQB:AMPDF) said James Hursthouse, currently the chief executive officer (CEO) of its Departure Lounge Inc subsidiary, has been appointed as the company’s new CEO with effect from March 31, 2023.
Hursthouse succeeds Anthony Brown, who is stepping down, having held the CEO role since the company was founded. Brown is expected to continue working with the company to provide technological and business development expertise on an ongoing basis, AMPD Ventures noted.
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has announced the results of an updated Mineral Resource Estimate (MRE) which more than doubles the contained gold for the Douta Gold Project in Senegal.
In a statement, Segun Lawson, Thor president and CEO, commented: "This is an excellent milestone in the progress of the Douta Project. The 2023 MRE has more than doubled the contained gold within the Douta permit to over 1.7 million ounces, with the indicated component of the resource alone exceeding 870,000 ounces of gold compared to the maiden inferred resource of 730,000 ounces.
X1 Entertainment Group Inc said it has entered into an asset purchase agreement (the APA), pursuant to which the company has sold, as of immediate effect, all assets related to ShiftRLE. ShiftRLE is an on-line rocket league community, which has incorporated the assets of previously acquired Octane.gg, to form an updated user experience on shiftrle.gg. The purchasers are the prior owners of ShiftRLE, and the primary service providers to the company in respect of the operations of ShiftRLE. In connection with the transaction, the purchasers have satisfied the purchase price by forgoing any rights to termination payments or otherwise in connection with their consulting agreements with X1, for an aggregate value to the company of US$35,250.
Pure Gold Mining Inc has announces the departures of Mark O’Dea, its president & CEO; Phil Smerchanski, VP Exploration & Technical Services; Chris Lee, chief geoscientist; and Adrian O’Brien, director Marketing and Communications, effective immediately. The company also announces the departures of Chris Haubrich, VP Business Development & CFO and Ashley Kates, VP Finance & Corporate Secretary, effective March 31, 2023. The departures are taking place in consultation with the company’s senior lender, a fund managed by Sprott Resource Lending Corp and the court appointed Monitor in the ongoing Companies’ Creditors Arrangement Act (CCAA) proceedings, KSV Restructuring Inc. The departures are being made in connection with an application scheduled to be heard on March 30, 2023 in the ongoing CCAA proceedings in which the company will be seeking to appoint a Chief Administrative Officer (CAO). Haubrich, Kates, and Smerchanski have agreed to continue to provide support beyond their termination dates to the company in a consulting capacity, as needed. The members of the bcard of directors have each indicated an intention to resign after the court appointment of the CAO. The company’s PureGold Mine near Red Lake, Ontario remains in a state of care and maintenance and is expected to remain in such state for the foreseeable future as part of the ongoing CCAA proceedings. PureGold continues to engage in discussions with Sprott and interested third parties concerning a possible transaction.
Empower Clinics Inc said it has cancelled the private placement Offering announced on January 23, 2023. "We have determined it is appropriate to cancel the current LIFE Offering, and we anticipate providing updates on strategic initiatives in the near future." Stated Steven McAuley, chairman and CEO of Empower Clinics.
Planet 13 Holdings Inc has said it plans to release its financial results for the fourth quarter and year ended December 31st, 2022 on March 23, 2023 aftermarket. Planet 13 will host a conference call on March 23, 2023 at 5.00pm ET to discuss its fourth quarter and full year financial results and provide investors with key business highlights, strategy, and outlook. The call will be chaired by co-CEO’s Bob Groesbeck, Larry Scheffler, and Dennis Logan, CFO. Participant Dial-in details: Toll Free: 888-506-0062 or International: 973-528-0011; Access Code: 836329. Replay Dial-in details: Toll Free: 877-481-4010 or International: 919-882-2331; Replay Passcode: 47774. Or listen via webcast link: https://www.webcaster4.com/Webcast/Page/2477/47774
LeanLife Health Inc has said it is continuing to work with its auditor to complete both its audited annual financial statements for the fiscal year ended March 31, 2022, as well as the interim financial statements for the periods ended June 30, 2022, September 30, 2022, and December 31, 2022, along with the related management's discussion and analysis and CEO (chief executive officer) and CFO (chief financial officer) certifications. The company's audit remains ongoing, and as previously disclosed, LeanLife is experiencing delays caused by complexities arising from the companies financials. The Cease Trade Order (CTO) will remain in place until such time as the annual filings the Q1, Q2 and Q3 filings are posted to SEDAR and the required regulatory bodies.
Western Magnesium Corporation has clarified the Cease Trade Order (CTO) dated March 6, 2023. The company submitted its financial statements to the audit firm in mid-February. Since that time, Western Magnesium has been waiting for the review to be completed by the auditor. This delay is caused by the transition to the current audit firm. The CTO will remain in place until such time as the audited annual financials are filed by the company.
Endeavour Mining PLC said it has received approval from the Toronto Stock Exchange (TSX) to renew its Normal Course Issuer Bid (NCIB) for its share repurchase programme, in order to continue to supplement its minimum progressive dividend. Under the NCIB, Endeavour is entitled to repurchase up to 5% of its total issued and outstanding shares as of 14 March 2023, or 12,387,688 shares, during the 12 month period of the NCIB, and up to 25% of the average daily trading volume (“ADTV”) for the six months ended 28 February 2023, calculated in accordance with the rules of the TSX for purposes of the NCIB or 134,817 shares during each trading day, excluding purchases made in accordance with the block purchase exemptions under applicable TSX policies. All ordinary shares repurchased under the share repurchase programme will be cancelled. The renewed NCIB will commence on 22 March 2023 and end on 21 March 2024, or such earlier date as Endeavour may complete its purchases pursuant to the notice of intention filed with the TSX. Under Endeavour’s prior NCIB, which commenced on 22 March 2022 and ends on 21 March 2023, Endeavour obtained approval to purchase up to a total of 12,458,989 ordinary shares, of which 3,864,238 ordinary shares were purchased at a weighted average price of approximately CDN$ 27.56. Endeavour believes that purchases under the NCIB constitute a desirable use of its funds on the basis that, from time to time, market prices of the shares may not fully reflect the value of Endeavour’s business and future business prospects.
Tiziana Life Sciences Ltd said it has been notified that Gabriele Cerrone, its chairman and acting chief executive officer, purchased 45,000 common shares of the company at $0.66 per share, bringing his total holding to 38,685,737 common shares.
ACME Lithium Inc announced that its CEO Steve Hanson will be meeting and presenting to investors at 121 Mining Conference in Las Vegas, Nevada. The 121 Mining Investment Las Vegas Summit takes place on March 28 and March 29, 2023, and attracts US and international investors for two days of investment-led panel sessions and CEO presentations. With the rapid demand for securing a domestic supply of lithium, Nevada is at the forefront of mining in the US and remains one of the world's most attractive jurisdictions for mining investment. ACME's CEO Steve Hanson will be presenting an overview of ACME's two Nevada projects including an update on the Phase 2 lithium brine drill program at Clayton Valley, the recent geological field review and sampling programs at Fish Lake Valley, as well as information on ACME's Manitoba and Saskatchewan pegmatite projects in Canada.
Mountain Boy Minerals Ltd has announced its participation in the Channelchek Takeaway Series from the PDAC 2023 Convention, to be broadcast on Tuesday, March 21, 2023, starting at 9:45 AM EDT. The Prospectors & Developers Association of Canada (PDAC) is the leading voice of the mineral exploration and development community. Representing over 6,000 members around the world, PDAC's work centers on supporting a competitive, responsible, and sustainable mineral sector. Mark Reichman, Noble Capital Markets' senior equity analyst, attended the conference and sat down with various c-suite executives. For the Channelchek Takeaway Series, Reichman is unpacking what he learned at the conference and talking to a selection of c-suite executives in the mineral exploration & mining space. Mountain Boy CEO Lawrence Roulston will provide a corporate overview, then takes questions from Reichman. Investors can virtually attend the Channelchek Takeaway Series at no cost. Registration details are available on Channelchek.
Lavras Gold Corp CEO Michael Durose will join two other mining bosses in a panel discussion on the political and natural elements that can affect jurisdictions in the Americas. The panel is led by journalist Paul Harris, who is a South and Latin American mining expert. A live Q&A will follow the group discussion on March 21 at 11 am ET. Investors can register for the event here: https://6ix.com/event/navigating-risks-opportunities-in-south-latin-american-mining-insights-from-industry-leaders/?utm_bmcr_source=client_email&utm_source=client_email Lavras is a Canadian exploration company focused on realizing the potential of a multi-million-ounce gold district in southern Brazil. Its LDS project is located in Rio Grande do Sul state, and is primarily an intrusive hosted gold system of possible alkaline affinity. More than 23 gold prospects centred on historic gold workings have been identified on the property, which spans more than 22,000 hectares.
GR Silver Mining Ltd President and COO Marcio Fonseca will join two other mining company bosses who are taking part in a panel discussion on the political and natural elements that can affect jurisdictions in the Americas. The panel is led by journalist Paul Harris, who is a South and Latin American mining expert. A live Q&A will follow the group discussion on March 21 at 11 am ET. Investors can register for the event here: https://6ix.com/event/navigating-risks-opportunities-in-south-latin-american-mining-insights-from-industry-leaders/?utm_bmcr_source=client_email&utm_source=client_email GR Silver is a Canada-based, Mexico-focused junior mineral exploration company engaged in cost-effective silver-gold resource expansion on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. of the Rosario Mining District, in the southeast of Sinaloa State, Mexico.
Equity Metals Corporation has granted incentive stock options to various directors, officers and consultants to purchase more than 2.9 million common shares at an exercise price of $0.20 per share for a period of five years, the company announced. The stock options are subject to the terms and conditions of Equity Metals' stock option plan and the policies of the TSX Venture Exchange.
Stuhini Exploration Ltd said it has closed its upsized private placement for gross proceeds of $2.4 million. Eric Sprott, the company’s strategic investor, subscribed for 2.5 million units of the company for gross proceeds of $1 million, the company said. The net proceeds of the fundraising will be used to fund the final cash payment of $640,000 under the option agreement whereby the company acquired a 100% interest in the Ruby Creek property and for general exploration, corporate, and administrative expenses.