Streetwise Reports' Article Archives — October 2021 back to current month (67)
Shares of Aspen Aerogels Inc. reached a new 52-week high after the company reported Q3/21 financial results that included a 26% increase in YoY revenues. The firm raised its FY/21 revenue estimates by greater than $10 million and said it is beefing up planned investments during Q4/21 to position it for even stronger revenue growth and profitability in future years.
Shares of Allegheny Technologies Inc. traded 13% higher after the company reported it has returned to profitability fueled by recovery in the aerospace market and implementation of its own business transformation initiatives.
Fundamental Research Corp. reported it is initiating coverage on Blue Sky Uranium Corp. with a "Buy" rating. According to the research firm, Blue Sky could become Argentina's first domestic uranium producer well-suited to meet the rising demand for uranium needed to fuel nuclear energy plants in that country.
The target company "brings numerous positives to Stem Holdings dba Driven By Stem," noted a Noble Capital markets report.
Enphase Energy Inc. shares traded 27% higher after the company reported Q3/21 financial results that included a nearly 97% increase in YoY revenue.
Streetwise Reports recently caught up with Ian Slater about his career trajectory from a chartered accountant to mining mogul whose companies include Libero Copper & Gold Corp., Zacapa Resources, and Outcrop Silver & Gold Corp.
GameOn Entertainment Technologies is using the most innovative fan engagement technologies to power the most-watched content in the world. GameOn's platform lets viewers play for leaderboard rankings, bragging rights, and valuable NFT collectibles. The tech startup already has licensing and revenue sharing deals with MX Player, the most popular OTT app in India. And it’s just getting started.
Streetwise Reports sat down with Riley Gold Corp.’s President and CEO Todd Hilditch to talk about the progress of their Pipeline West/Clipper gold project in Nevada.
Forward Water Technologies' system affords users savings in terms of water, energy, and dirty water disposal costs.
Shares of Medpace Holdings Inc. climbed to a new 52-week high after the CRO, a provider of full-service clinical trial development services, reported financial results for Q3/21 that included a 28.3% increase in YoY revenue.
Adrian Day of Global Analyst discusses recent developments at several exploration companies and explains why he believes share prices may be lower before the end of the year.
Citing the company’s “long-term potential for significant share price improvement,” BMO Capital Markets has upgraded Teck Resources to Outperform.
Analyst David Bautz at Zacks Small-Cap Research wrote bullishly on Avivagen's eight-year distribution deal targeting the U.S., Brazil, and Thailand in an Oct. 11 report: The AB Vista deal “could be a game changer for the company as Avivagen now has a global partner that gives immediate credibility to the OxC-beta technology."
The History of Gold’s Pavlovian Narrative (10/25/2021)
Precious metals expert Michael Ballanger delves into the Federal Reserve's actions going back decades that affect the price of gold.
Bloom Energy Corp. shares traded 37% higher after the company reported it is significantly expanding its partnership with SK ecoplant of South Korea to establish a market leadership position in the hydrogen economy.
Arianne Phosphate has a very advanced stage, shovel-ready, phosphate rock project in mining-friendly Quebec with two off-take agreements signed, a BFS and cooperation agreement with nearby First Nation groups, writes Peter Epstein of Epstein Research.
Golden Arrow Resources is looking to benefit from current positive sentiment in metals, as it recently commenced drilling at the Terra Dorada gold project in Paraguay and at its Rosales Copper project in Chile, but it also optioned the Libanesa silver-gold project in Argentina, and is planning early stage exploration at this and two other projects.
A recent drop in Aurania Resources' share price due to the financings has created a buying opportunity, a Noble Capital Markets report noted.
Emerita Resources Corp. shares traded nearly 15% higher after the company reported step-out drill results from a hole at its La Infanta project in Spain that returned 8.2m of 2.5% Cu, 17.3% Zn, 8.7% Pb, 223.5 g/t Ag, 0.5 g/t Au. Clarus Securities advised in a research note Friday that it is maintaining its "Speculative Buy" rating and CA$4.50/share price target for Emerita's (EMO) shares and stated it sees significant resource expansion potential for the Iberia Belt West property.
The explorer's recent drilling success at its namesake property is expected to help improve the economics of the project prefeasibility study expected next year.
TriState Capital Holdings Inc. shares hit a new 52-week high after the company reported it entered into a definitive agreement to be acquired by Raymond James Financial in a combination cash and stock transaction valued at $1.1 billion.
Why Invest in This Canadian Fan Engagement Start-Up? (10/20/2021)
Here’s why New York City investment group Long State has invested in GameOn Entertainment Technologies, an interactive media disruptor that just teamed up with Chibi Dinos.
The explorer's extensive drilling at its Troilus project has resulted in "mineral continuity and [a] new, structurally focused geological model," noted a Laurentian Bank Securities report.
Shares of Radius Health Inc. traded 17% higher after the firm reported positive topline results from the Phase 3 EMERALD study of elacestrant in ER+/HER2- advanced or metastatic breast cancer (mBC).
GameOn Entertainment Technologies Inc. (GET) is ushering in a next generation gamification platform to drive engagement and interaction with sports and entertainment fans worldwide.
Shaun Cartwright, Managing Director & Chief Investment Officer of Viriathus Capital, has a bullish view for the energy sector, where billions of dollars are being invested globally into initiatives to reduce our carbon footprint by 2050.
NaturalShrimp Inc.'s shares traded 12% higher after the company reported it entered into an agreement with Gulf Seafood Inc. for delivery of 25,000 lbs. of naturally grown, chemical and antibiotic-free, live shrimp.
This B2B Tech Company ‘Looks Like an Immediate Buy’ (10/18/2021)
Streetwise Reports talked to GameOn CEO Matt Bailey and Board Chairman J Moses of Grand Theft Auto fame about the success of the platform, which makes money through licensing and revenue sharing.
Valneva SE shares traded 40% higher after the company reported positive results from its Phase 3 clinical trial of its COVID-19 vaccine candidate, VLA2001. The firm claimed that VLA2001 produced superior neutralizing antibody titer levels compared to AstraZeneca's AZD1222 (ChAdOx1-S) vaccine in the study.
Underperformance in the Ula field led to Aker BP's 2–3% production shortfall during the quarter, a Pareto Securities report noted.
These new data from Cassiar Gold's project "successfully confirmed the high-grade nature of mineralization and continuity of the shear quartz veins at Bain," noted a Red Cloud Securities report.
Adrian Day of Global Analyst takes a look at Wheaton Precious Metals' holdings and also provides updates on several other companies.
Shares of Alcoa Corp. traded 15% higher to a new 52-week high after the company reported it achieved record net income of $337 million and earnings per share of $1.76 in Q3/21. The firm advised it is instituting a new $0.10 per share quarterly dividend and is raising its corporate share buyback program by $500 million.
DarioHealth Corp. shares traded 17% higher after the company reported it entered into an agreement with an unnamed national healthcare provider to make its behavioral health products available to millions of the plan's members.
The potential is "enormous" for Stem Holdings Inc. dba Driven By Stem's new app, Budee Cannabis Delivery, given it is available in the Apple App Store, a Noble Capital Markets report noted.
Funds from a new $4 million private placement will advance exploration in Mexico and Alaska for a “proven” management team building a high-grade portfolio.
GameOn Teams Up With NFT Disruptor Chibi Dinos & NBA (10/13/2021)
GameOn Entertainment Technologies Inc. announced this morning their new partnership with non-fungible tokens creator, Chibi Dinos.
Peter Epstein of Epstein Research notes that five major lithium transactions have occurred in the past six months: Galaxy, Millennial, Neo Lithium and Bacanora Lithium were acquired (or are in the process), and ioneer ltd. sold half its project for US$490 million. Cypress Development is one of the few remaining companies with a 100%-owned project at PFS or BFS stage.
Plug Power Inc. shares traded 12% higher after the company reported it entered into a collaboration agreement with Phillips 66 to develop and advance low-carbon hydrogen business opportunities. The company advised that it is also joining forces with Airbus on efforts to decarbonize air travel and airport operations with green hydrogen.
Shares of multinational oilfield service company Weatherford International Plc. reached a new 52-week high after the firm reported preliminary financial results for Q3/21 featuring an expected 75% sequential increase in cash flow from operations and free cash flow.
The acquisition of Santa Maria will afford Fabled Silver Gold additional exploration and mining opportunities.
Economic Recovery Is Slowing Globally (10/11/2021)
In the second part of his quarterly review, Adrian Day, founder of Adrian Day Asset Management, discusses the macroeconomic situation in Europe, China, and emerging markets.
Once in place, this Smart Age program should result in Liquid Avatar Technologies growing organically in the short and long term.
As the Sprott Physical Uranium Trust almost singlehandedly caused spot uranium oxide prices to explode recently, sentiment for uranium juniors turned pretty positive as a consequence. Because of these developments, the Critical Investor is interested in the current state of affairs at Blue Sky Uranium.
Flexion Therapeutics Inc. shares traded 60% higher after the company reported it entered into a definitive agreement to be acquired by Pacira BioSciences Inc. for $8.00 per share in cash plus an additional non-tradeable contingent value right worth up to $8.00 per share in cash if five specific milestones are met.
Shares of ChemoCentryx Inc. traded 96% higher after the company reported the U.S. FDA approved its orally administered TAVNEOS™ (avacopan) for use in treatment of ANCA-associated vasculitis, a systemic autoimmune disease that often results in kidney or other major organ damage and failure that can be fatal if left untreated.
In his review of the past quarter, Adrian Day, founder of Adrian Day Asset Management, discusses recent moves in the resource markets and why he believes gold and gold stocks are positioned to rise.
When Will the Fed Taper? (10/08/2021)
In this review of the quarter, Adrian Day, founder of Adrian Day Asset Management, discusses the Federal Reserve's asset purchases, its talk of tapering them, and what that could mean for the broader markets.
First Cobalt Corp. is fully-funded to build a Battery Materials Park (BMP) in northern Ontario, Canada. The BMP will be operating years ahead of dozens of other BMPs in North America, making it a very valuable asset. First Cobalt is poised to generate cash flows from cobalt sulfate, Li-ion battery recycling, and nickel sulfate.
Shares of Dutch oncology company Merus NV traded higher after the firm presented early and preclinical data for two full-length, multispecific antibodies, MCLA-158 and zenocutuzumab, to the AACR-NCI-EORTC Virtual International Conference on Molecular Targets and Cancer Therapeutics.
Avrupa Minerals is getting closer to solving the Sesmarias puzzle in Portugal, and the Critical Investor wants to know all about its exploration strategy.
Shopping meets entertainment meets community in the latest form of online commerce, which just received a lift through its partnership with TikTok.
With two goals, to identify new mineralized deposits at Amarillo Grande and to expand the resource at the project's Ivana deposit, Blue Sky Uranium is carrying out two concurrent drill programs.
Simultaneously, demand is growing for Reliq Health's iUGO Care software as virtual healthcare delivery increases during the COVID-19 pandemic.
Silver Viper aims to achieve this at La Virginia via a deep-penetrating geophysical survey of the El Rubi target.
Crimex Silver: Murder Most Foul (10/06/2021)
Precious metals expert Michael Ballanger decries last week's manipulations in the silver market.
Shares of Voyager Therapeutics Inc. traded 51% higher after the company reported it entered into a license and option agreement with Pfizer Inc. for two of its TRACERᵀᴹ AAV capsids that will be utilized to enhance Pfizer's neurologic and cardiovascular gene therapy programs. Voyager will receive an upfront payment of $30 million and is eligible to receive up to $600 million more plus product sales-based royalties, if all options are exercised and certain milestones are achieved.
SmileDirectClub Inc. shares traded 15% higher after the company reported that the U.S. Patent & Trademark Office has allowed its new patent for the firm's mobile SmileBus concept whereby its SmileShop on wheels is mobilized to expand access to convenient, affordable oral care in remote areas across the U.S. and the U.K.
McAlinden Research Partners takes a look into the cruise ship industry and sees some calmer waters ahead.
Shares of Xenon Pharmaceuticals Inc. soared to a new 52-week high after the company reported topline data from its Phase 2b X-TOLE clinical study demonstrating that its epilepsy drug candidate XEN1101 successfully met several primary and secondary efficacy endpoints and decreased monthly focal seizure frequency by 50% or greater from baseline.
Gold: Evergrande Investors' Savior (10/04/2021)
Sector expert Michael Ballanger links debt and wolf packs in this exploration of the effects that the troubled Chinese company will have on gold.
Shares of Merck & Co. Inc. traded 9% higher after the company reported that in a global Phase 3 clinical trial conducted together with its partner Ridgeback Biotherapeutics, oral antiviral molnupiravir reduced risk of hospitalization or death by 50% versus placebo in patients with mild or moderate COVID-19. Merck plans to submit an Emergency Use Authorization application to the U.S. FDA and if authorized it would make molnupiravir the first approved oral antiviral medicine for COVID-19.
Argentina Lithium is in the process of revitalizing its business, and right on time as lithium product prices are going through the roof these days.
The Critical Investor catches up with Gold Terra management about the first results of their Phase 2 drill program at the Yellorex target at the Campbell Shear, part of their Yellowknife City Gold project in Northwest Territories, Canada.
Several external factors have hampered Scatec's ability to deliver projects in its backlog, a problem discussed in a Pareto Securities report.
Gatling Exploration completed metallurgical tests on its three deposits at Larder, which provided initial gold recovery levels on which the company aims to improve.
"With Clene's potential to realize several multibillion-dollar revenue opportunities, we see its roughly $480 million enterprise value as offering attractive risk-reward," an Oppenheimer report noted.
|"LIO's hole TUDDH608 in the 500 zone returned 23.7m of 17.89 g/t gold."|
|"DCM reported Q3/22 revenue of $63.4M, up 11.4% from $56.9M in Q3/21."|
|"This is a good point to add to positions or make new purchases of RHQ."|
|"For DV, we see significant growth potential around the Kitsol vein."|
|"Positive Phase 2a data were achieved with AGN's ifenprodil."|