Hertz (NYSE:HTZ) shares plunged more than 14% after the car rental agency reported a wider-than-expected loss for the first quarter.
The company posted an adjusted loss of $1.12 per share, compared to analysts' expectations of a $0.95 loss.
The next big catalyst for Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) is just around the corner.
Investors are watching closely for the long-awaited feasibility study on its Bilboes project, which Panmure Liberum believes could reshape the outlook for the Zimbabwe-focused gold miner.
Candel Therapeutics Inc (NASDAQ:CADL) reported a quarterly profit and said it remains on track to submit a biologics license application (BLA) in late 2026 for its lead cancer therapy, CAN-2409, aimed at treating localized prostate cancer.
The clinical-stage biotech posted net income of $7.4 million for the first quarter ended March 31, compared with a net loss of $8.2 million a year earlier, helped by a $15.5 million gain linked to changes in the fair value of its warrant liability.
North Bay Resources Inc. (OTC:NBRI) has announced a preliminary, non-NI 43-101 compliant resource estimate for the Bullion Alley Zone at its Fran Gold project in British Columbia.
The estimate, based on over 18,000 meters of drilling across 104 holes completed between 2001 and 2018, is for 474,001 ounces of gold contained within 43.8 million tons grading 0.34 grams per ton (g/t) across the Main Zone and the East Extension.
Nevis Brands (CSE:NEVI, OTCQB:NEVIF) said it has launched its Major shots in Illinois and grown distribution for its Happy Apple hemp-derived THC line in the southeastern US.
In Illinois, Nevis has received full state approvals for its products and packaging and completed its first production run.
Digital asset and investment company Fineqia International Inc (CSE:FNQ, OTC:FNQQF) said on Tuesday that its subsidiary Fineqia AG has appointed Germany’s Quirin Privatbank AG as the paying agent for its exchange-traded notes (ETNs) business.
The agreement formalizes Quirin Bank’s role in overseeing the distribution of dividends and other investor payments tied to Fineqia AG’s ETNs, which are backed by digital assets.
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) announced that it has dosed the first patient in its Phase 2 clinical trial of EMP-01 for the treatment of social anxiety disorder (SAD).
EMP-01, an oral formulation of R-3,4-methylenedioxy-methamphetamine, is being investigated in an exploratory, randomized, double-blind, placebo-controlled study involving approximately 60 adult participants with SAD.
Wedgemount Resources Corp (CSE:WDGY, OTCQB:WDGRF) has announced plans for a non-brokered private placement of up to 12 million units priced at $0.065 each, for total gross proceeds of up to $780,000.
The company intends to use the net proceeds from the private placement for general working capital.
Northern Superior Resources Inc. (TSX-V:SUP, OTCQX:NSUPF) reported a new high-grade gold discovery at its Philibert project in Quebec, as part of a 20,000-metre expansion drilling campaign aimed at growing the resource base beyond the current pit shell.
The company said a drill hole, PB-25-484, intersected 2.48 grams per tonne (g/t) of gold over 18 metres, including 7.02 g/t over 4.9 metres, marking a new mineralized zone south and beneath the current resource area.
Voyageur Pharmaceuticals Ltd (TSX-V:VM, OTC:VYYRF) has announced the promotion of Ethan Mohan to executive vice president.
Mohan, who previously held the position of sales manager, has driven the company’s sales strategies and strategic partnerships, the company said on Tuesday.
Eden Research PLC (AIM:EDEN, OTCQB:EDNSF) shares rose 20% on Tuesday after the company announced that its flagship biopesticide, Mevalone, has been approved for use against powdery mildew in Californian grape production.
The green light from US regulators expands the product’s existing authorisation in California, where it is already approved for use against Botrytis cinerea.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has landed a US$100 million investment deal, to fund an expansion of its non-operated production portfolio – enabling an acceleration of growth and cash flow.
The company, in a statement, announced that a US-based energy investor is injecting US$100 million into a new vehicle, called Zephyr Hawk LLC, which will acquire and manage the assets.
European Lithium Ltd has released assay results of historical deep diamond drill holes DDH 306-13 drilled in 2013, and DX-02 drilled in 2010 from its Tanbreez Project in Greenland. It is the first time these results have been released and they give weight to the recent Mineral Resource Estimate (MRE) of ~45MT of REEs @ 0.38% and the robust economic results from the Tanbreez Scoping Study showing the NPV of US$2.4 ~US$3.0 billion on a 10% and 8% discount and an IRR of 162% before tax.
The Tanbreez Project is operated by Tanbreez Mining Greenland A/S and is currently owned by Critical Metals Corp., which currently holds a 42% interest with the right to earn 92.5% interest, with European Lithium holding a 7.5% interest. European Lithium currently holds approximately 68% of the issued capital in CRML.
Peninsula Energy Ltd has received the final key regulatory approvals required to begin uranium recovery operations at the Kendrick Project Area, part of the broader Lance Projects in Wyoming, USA.
The Wyoming Department of Environmental Quality (WDEQ) has granted both the Permit to Mine and Source Materials Licence for Kendrick.
Kairos Minerals Ltd has added seasoned mining executive Simon Lill as its new non-executive chairman, shoring up its board as the company launches its largest-ever drilling campaign at the Mt York Gold Project in Western Australia’s Pilbara region.
Lill brings a formidable track record in resource development and capital markets, having served as chairman of De Grey Mining since 2013, through its transformation from a junior explorer into a $6 billion takeover target. His tenure there included the discovery of the 11.2-million-ounce (Moz) Hemi gold deposit and more than $1 billion raised in capital, culminating in last month’s blockbuster acquisition by Northern Star Resources Ltd.
Livium Ltd has signed an expanded recycling agreement with BYD Australia, a subsidiary of global new energy vehicle leader BYD Company Ltd, which broadens the scope of previously agreed services to now include commercial vehicle batteries and battery energy storage systems (BESS), in addition to New Energy vehicle batteries.
The partnership is also expected to support potential future expansion into New Zealand and the broader Oceania region.
Orthocell Ltd continues to make inroads into key markets, having just secured a licence from the Hong Kong Department of Health’s Medical Device Division for its flagship nerve repair product Remplir™.
Remplir is a collagen wrap used in nerve repair surgery to assist surgeons to improve outcomes in the repair and regeneration of damaged nerves.