Streetwise Reports' Article Archives — September 2021 back to current month (92)
Brian May, the newest addition to Triumph Gold's leadership team, is intimately familiar with the company's flagship Freegold Mountain project, given his extensive involvement in recent exploration work there.
Defense Metals intends to determine if restarting exploration work at Geiger North and Klaproth will increase the value it is currently creating for shareholders.
Shares of Alzamend Neuro Inc. traded 36% higher after the company reported that the U.S. FDA responded favorably to its Pre-IND application for AL002, a cell-based therapeutic vaccine designed to restore patients' immunological systems, providing them with the ability to combat Alzheimer's Disease. The FDA has granted the firm approval to initiate a combined Phase 1/2 clinical trial in Q1/22.
"Label extension for BioNTech and Pfizer's Comirnaty [vaccine] to include use in these younger individuals ought to buoy revenue growth near term," noted an H.C. Wainwright & Co. report.
“Dominant” silver projects led by experienced, local teams in mining-friendly jurisdiction and proven locations are the foundation for Norseman Silver’s plans for the next 12 months.
Westhaven Gold's 2021 exploration and resource drilling at its Shovelnose property resumes after wildfires halted the project temporarily this summer, continues to bear positive results this autumn.
Algernon Pharmaceuticals will now pursue Ifenprodil in chronic cough based on encouraging recent study results in a Phase 2 trial.
Shares of Dollar Tree Inc. traded 16% higher after the company reported it is expanding the offerings and pricing of items in its stores to more than one dollar due to recent successful market test results at its newly formatted Combo and Dollar Tree Plus stores. The firm also announced that its Board of Directors has raised authorized share repurchases to US$2.5 billion.
Alianza Minerals Intercepts More Silver at Haldane (09/29/2021)
Alianza Minerals recently completed its 2021 drilling campaign at its flagship Haldane silver project in the historic Keno Hill Mining District, and the last assays of this program have been received recently. Another batch of solid results implies the company is on the right track, but is looking for a bigger prize.
Bill Powers of Mining Stock Education profiles QC Copper and Gold's newly defined Opemiska copper-gold deposit in Chibougamau, Quebec.
X Marks the Spot for Growth, Investor Returns (09/28/2021)
Silver X Mining is evolving into a growing silver-lead-zinc producer in Peru. A plan is in place to boost production, get the company re-rated, and eventually sell it. Members of the management team have done it many times before. For investors, it’s only a matter of time and patience.
Aurania Resources' hole SH-003, drilled in the Tiria-Shimpia target at Los Cities–Cutucu, returned silver grades up to 10.5 grams per tonne and zinc grades up to 2.5%.
"The expansion is expected to drive topline sales with greater efficiency," noted a Noble Capital Markets report.
Shares of Thor Industries traded 8% higher after the company reported that net sales in FY/21 increased by 50.8% to $12.32 billion and advised that as of July 31, 2021, its consolidated RV backlog grew by 190% YoY to $16.86 billion.
Usha Resources has multiple copper, cobalt and gold properties and projects across the U.S. and Canada. Cobalt in the U.S. would be hugely desirable; Usha could find meaningful deposits of cobalt and copper. A small market cap with near-term drill results make Usha a compelling risk/reward proposition.
In part two of a two-part look at investing in junior precious metals equities, Denver-based Crescat Capital CIO Kevin Smith discusses the Lassonde Curve and how he uses it in combination with Geologic and Technical Director Dr. Quinton Hennigh’s hands-on knowledge to invest in what they believe are the best opportunities in the gold and silver space.
G Mining’s recently announced US$110 million acquisition of the TZ gold project from Eldorado Gold should result in one of Brazil’s largest gold mines and highlights the potential of the Tapajos region, which was the site of the world’s largest gold rush.
Outcrop Silver and Gold's most recent batch extended mineralization in the north part of Santa Ana and generated a new target in the project's southern end.
During Crescat Capital's Sept. 20, 2021 broadcast, Dr. Quinton Hennigh, Geologic and Technical Director of Crescat Capital, reviewed news released in the past two weeks on multiple companies in Crescat's portfolio of mining explorers.
Shares of Red Cat Holdings Inc. traded 53% higher after the company reported that its subsidiary Skypersonic Inc. received a five-year contract from NASA to provide drone and rover software, hardware, and support for its simulated Mars mission.
Adrian Day of Adrian Day's Global Analyst discusses company presentations from recent back-to-back Colorado gold conferences. 15 specific companies are assessed.
In a Sept. 20, 2021 Crescat Capital broadcast, the firm's Portfolio Manager Tavi Costa and Chief Investment Officer Kevin Smith presented statistical evidence that China is heading toward an economic crash and its spiraling is affecting other economies around the world. The two experts also explained how Crescat Capital has positioned its funds in preparation for the likely Chinese event.
Aehr Test Systems shares reached a new 52-week high after the firm reported it achieved record bookings in Q1/22 and increased its FY/22 revenue guidance by 80% due to increased demand for semiconductor test and burn-in services for electric vehicles.
Reliq Health Technologies signs contracts with three new clients for its proprietary remote healthcare delivery and care tracking platform, which has particularly significant implications during the era of the COVID-19 pandemic.
Kenorland Minerals options up to 80% of its South Uchi project in Alaska, one of the company's eight assets, to mining major, Barrick Gold.
Teck Resources, a CA$26 billion company, is the second largest steelmaking coal producer in the world. In its Investor Day presentation earlier this week it reiterated the long-term strength of the seaborne coking coal market. Colonial Coal is also 100% coking coal, with two valuable projects for sale in B.C., Canada.
Blue Sky Uranium has "low-cost extraction prospects and local market opportunities in a market with high growth potential," a Globe Small Cap Research report noted.
Logiq Inc. has been a champion of small and medium sized businesses, providing tools to help them compete in an e-commerce world dominated by large players. And now the company inked several large, potentially lucrative deals in emerging markets.
In a September 10, 2021, Crescat Capital briefing from the Precious Metals Summit in Beaver Creek, Colorado, the firm's Dr. Quinton Hennigh, Geologic and Technical Director, provided updates on 15 exploration companies of note.
Sector expert Michael Ballanger breaks down market moves for the week of September 13 and discusses one of the highlights of 2021, which has been the explosive performance of the uranium space, citing companies such as Sprott Inc. and Western Uranium and Vanadium Corp, as we look toward a net-zero carbon future.
ZEN Graphene Solutions Ltd. shares traded 13.5% higher after the company reported it delivered its first revenue-generating shipment of ZENGuard, a patent-pending coating with 99% antimicrobial activity. The first commercial shipment follows the firm's announcement yesterday that Health Canada determined ZENGuard enhanced surgical masks are safe for use by Canadians.
E2Gold Inc., a Toronto-based small-cap gold exploration company, recently received positive attention from Dr. Quinton Hennigh, Geologic and Technical Director of Crescat Capital, and independent technical analyst Clive Maund. Hennigh’s firm is a Denver-based global macro asset management firm that recently led a financing round for E2Gold and now holds 11% of the company.
The Critical Investor and Gerardo Del Real look forward to the first set of drill results from this Canadian explorer's Rosales project in the prolific Atacama mining district.
In a Sept. 10, 2021 Crescat Capital broadcast from the Precious Metals Summit in Beaver Creek, the firm's Portfolio Manager, Tavi Costa, and its Chief Investment Officer, Kevin Smith, talked about the current macroeconomic environment and highlighted the opportunity in gold and silver mining equities.
Shares of Dynavax Technologies Corp. established a new 52-week high after the company reported that in the global Phase 2/3 SPECTRA COVID-19 vaccine study its collaborative partner Clover Biopharmaceuticals met all primary and secondary efficacy endpoints. Clover's vaccine, which was developed using Dynavax's CpG 1018 adjuvant, demonstrated 100% efficacy against severe COVID-19 and 84% efficacy against moderate-to-severe COVID-19 caused by any strain of SARS-CoV-2, including the Delta, Gamma, and Mu variants.
Assays from Getchell Gold’s first drill hole of 2021 support the company’s “high expectations” for its Fondaway Canyon gold project.
Mike Swanson, the editor of WallStreetWindow.com tells Streetwise Reports that small-cap exploration stock Norseman Silver is projected to have a fall end-of-the-year rally. Here's why.
Rezolute's two drug candidates, one for congenital hyperinsulinism and the other for diabetic macular edema, are discussed in an H.C. Wainwright & Co. report.
Research Capital Corp. mentioned in a recent presentation that Jericho Energy Ventures Inc. has developed a next generation hydrogen-based boiler that combines pure hydrogen and pure oxygen to generate heat, hot water, and high temperature steam through a zero-emission, closed-loop process.
Shares of Inotiv Inc. traded 27% higher to a new 52-week high after the company reported it entered into agreement to acquire Envigo RMS Holding Corp. in a cash and stock deal valued at $545 million which will serve to create a one-stop-shop, discovery-to-approval solution for drug developers.
"All the pieces are in place for a new bull market in gold to develop” for this small-cap gold exploration company with operations in Northern Ontario.
During Crescat Capital's Sept. 3, 2021 broadcast, Quinton Hennigh, Geologic and Technical Director of Crescat Capital, provided updates and commented on 10 companies in the firm's exploration portfolio.
AzurRx BioPharma now has five additional shots on goal "with the imminent full acquisition of just one compound," a ROTH Capital Partners report noted.
The Critical Investor explains why he thinks Vior (TSXV:VIO) has a good risk/reward investment profile, with its flagship Belleterre in Quebec, which contains the historic Belleterre Mine (produced 750koz Au @ 10.7g/t Au between 1936 and 1959), and very recently provided excellent sampling results, with results up to 274.9g/t Au.
Edesa Biotech Inc. shares reached a new 52-week high after the company reported positive results from its Phase 2/3 monoclonal antibody study in hospitalized COVID-19 patients.
Innate Pharma S.A. shares traded 38% higher after the company reported its development partner AstraZeneca Plc. reported positive interim results from its Phase 2 COAST Study to the European Society for Medical Oncology Congress. When taken together with durvalumab, monalizumab was shown to improve progression-free survival and objective response rates in patients with unresectable, Stage III non-small cell lung cancer.
Red Cloud Securities Inc. stated in a research report that high-grade samples exceeding 50% U3O8 at Skyharbour Resources Ltd.'s Hook Lake property provide a clear indication that a high-grade uranium zone may be located close by. Red Cloud said it is maintaining its "Speculative Buy" rating for Skyharbour and 12-month price target of CA$0.95/share.
In a Sept. 3, 2021 broadcast, two Crescat Capital representatives discussed the current macroeconomic environment. Portfolio Manager, Tavi Costa, highlighted the bearish part of the picture along with investment opportunities with bullish potential. Chief Investment Officer, Kevin Smith, presented evidence of an overvalued equity market and noted what that means for the precious metals sector.
Shares of Leap Therapeutics Inc. traded 38% higher after the company reported positive preliminary data from the Phase 2a DisTinGuish Study of DKN-01 plus tislelizumab at the European Society for Medical Oncology Congress.
Puma Exploration intersected 5.55 grams/tonne of gold over 50.15 meters starting at surface on its Williams Brook Gold Project.
In a recent Crescat Capital briefing, Portfolio Manager Tavi Costa presented current financial metrics that are expected to affect the rising inflation thesis. Also, Chief Investment Officer Kevin Smith discussed his firm's view that the current market is creating an equity bubble and highlighted catalysts that could burst it.
Joining us is Morgan Lekstrom, the CEO of Lakewood Exploration, which is on track to become the next pure silver play in the US. In this interview, Mr. Lekstrom discusses the latest update on the pending NI43-101 on the flagship Silver Strand, along with current exploration successes and new additions to the property bank, both in the prolific Hamilton District of Nevada, which are the Eliza Silver Project and Silverton Silver Mine, and we will conclude with pending catalysts.
Echoes of the 1970s Haunt Modern Markets (09/15/2021)
Sector expert Michael Ballanger explores how modern financial times mirror his formative years in the 1970s.
ROTH Capital Partners LLC advised in a research report that Inventiva S.A. has initiated enrollment in its highly anticipated pivotal Phase 3 Study of Lanifibranor in individuals diagnosed with nonalcoholic steatohepatitis. ROTH rates Inventiva a "Buy" with a 12-month price target of €55/share which represents a nearly four-fold increase over the current share price.
Shares of Instil Bio Inc. traded 16% higher after the company reported it received IND clearance from the U.S. FDA to initiate a Phase 2 clinical trial in advanced melanoma patients.
In a recent broadcast, Geologic and Technical Director to Crescat Capital, Dr. Quinton Hennigh, provided updates on three exploration companies with recent news and covered seven other exploration stories of note.
H.C. Wainwright & Co. advised in a research report that updated data from Mersana Therapeutics Inc.'s expansion study supports its UPLIFT Study and will provide the basis for a new Phase 3 study in 2022. H.C. Wainwright rates Mersana a "Buy" with a target price of $28.00/share.
Streetwise Live! Presents Heliostar Metals (09/14/2021)
Streetwise Live! Presents Heliostar Metals Ltd. Featuring Charles Funk, CEO and Director of Heliostar Metals Ltd., Adrian Day of Adrian Day Asset Management, and Joe Mazumdar, Editor/Analyst and Publisher of Exploration Insights.
Shares of FuelCell Energy Inc. traded 15% higher after the company reported Q3/21 financial results highlighting positive YoY increases in revenue and gross margins driven by a 102% increase in revenues derived from licenses and service agreements.
Streetwise Reports spoke to Riley Gold Corp. CEO Todd Hilditch about how they will put “funds in the ground” following an oversubscribed private round.
Streetwise Live! Presents E2Gold (09/13/2021)
Streetwise Live! Presents E2Gold Featuring Eric Owens, President, CEO and Director of E2Gold and Dr. Quinton Hennigh, Geologic and Technical Director, Crescat Capital.
"Aker's discounted pricing and stellar track record stand out as an attractive opportunity in the current market," a Pareto Securities report noted.
"We think the still out of favor [oil] exploration and production sector offers a good risk/reward," a Pareto Securities report noted.
Shares of aTyr Pharma Inc. traded 48% higher after the firm reported its ATYR1923 produced positive results in a Phase 1b/2a clinical study by demonstrating consistent favorable dose responses in pulmonary sarcoidosis patients.
Echo Global Logistics Inc. shares traded 50% higher to a new 52-week high after the technology-enabled logistics company reported it entered into a definitive agreement to be acquired by The Jordan Company for $48.25 per share in cash.
About 200 km east of Calgary in Canada’s prairies, a small exploration and production company has a plan to become a vertically integrated helium producer. It has the money, a proven helium-producing asset, and signed agreements with partners. Now it’s all about execution — and it’s off to a solid start.
Clarus Securities Inc. advised in a research report that Emerita Resources Corp.'s recent infill drill results at its La Infanta Project in southern Spain demonstrate significant expansion potential. Clarus stated it is maintaining Emerita's "Speculative Buy" rating and 12-month price target of CA$4.50/share.
A Haywood Securities report noted that "initial 2021 reverse circulation results highlight deep value in Liberty Gold's asset portfolio."
Shares of renewable fuels technology and development company Gevo Inc. traded 35% higher after the company reported it is teaming up with Chevron U.S.A. Inc. to invest in development and production of sustainable aviation fuel derived from inedible corn.
Cortus Metals plans to use the funds to continue exploring its Nevada properties.
"At Quebec Precious Metals' Lloyd discovery area, results received from a 2021 summer surface sampling program highlight several gold discoveries" that show "excellent gold potential."
Auctus Advisors LLP commented in a research note that helium developer Imperial Helium Corp. obtained encouraging results from the second well drilled at its Steveville project. Auctus advised that pending receipt of the well flow rate data, it is maintaining its CA$1.00/share target price for IHC shares.
Atlas Salt has a unique project on the west coast of Newfoundland. I would venture to say it is the best risk/reward scenario in the province. Strategically located, the Great Atlantic Salt Project can serve significant North American demand and is uniquely positioned to capture market share from overseas countries with higher shipping costs.
Shares of Kadmon Holdings Inc. traded 70% higher after the firm reported it agreed to be acquired by Sanofi SA for $9.50 per share in cash. Sanofi aims to strengthen its transplant business with the addition of Kadmon's Rezurock™ (belumosudil), an FDA-approved, first-in-class treatment for patients 12 years and older with chronic graft-versus-host disease.
In this interview, Maurice Jackson, founder of Proven and Probable, sits down with Kyle Floyd, the CEO of Vox Royalty, which is a global royalty generator with a royalty portfolio consisting of over 8,000 royalties. Jackson and Floyd address the merits of royalty companies for shareholders and what makes Vox Royalty stand out from the pack.
The Global Analyst has been focusing on the senior producers more in the last many months, since they are undervalued and more certain to respond to a higher gold price. They remain good buys. However, many of the juniors have seen their stock prices slide and there are excellent buys in that sector. Below are three of our favorite resource juniors, all buys.
Various targets "continue to emerge in the southwestern portion of Aurania Resources' Lost Cities–Cutucu project," a Noble Capital Markets report noted.
The contents of this memo between Defense Metals and a Chinese minerals processing expert are described in a Highballer Stocks report, which notes "demand from every corner of the tech arena."
ROTH Capital Partners LLC commented in a research report that it is maintaining its "Buy" rating and raising its FY/22 revenue estimates for Dynatronics Corp. to $41 million after the firm pre-announced Q4/21 revenue figures that exceeded prior estimates.
CIBC World Markets Inc. commented in a research report that oil and gas producer Advantage Energy Ltd.'s capital spending plans are creating an intriguing free cash flow profile. The firm stated it is maintaining its "Outperformer" rating for Advantage and is increasing its price target for the firm's shares by CA$1.00 to CA$7.00 per share.
CIBC World Markets Inc. commented in a research report that Canadian Western Bank's loan and deposit growth exceeded estimates in Q3/21 and that company is poised to benefit from improved net interest margins in FY/22. CIBC is maintaining its "Outperformer" rating for CWB and raised its target price for CWB shares from CA$42 to CA$44.00.
Adaptimmune Therapeutics Plc. shares traded 33% higher after the firm reported it formed a strategic partnership with Genentech to develop several "off-the-shelf" and advanced personalized cancer-targeting allogeneic T-cell therapies.
Shares of Impel NeuroPharma Inc. traded to a new 52-week high after the company reported that the U.S. Food and Drug Administration has approved TRUDHESA™ (dihydroergotamine mesylate), a patient friendly nasal spray that delivers rapid relief and treatment for acute migraine.
Maurice Jackson spoke with Michael Rowley, CEO of Group Ten Metals, about Heritage Mining Ltd.'s deal to acquire up to a 90% interest in Group Ten's Black Lake-Drayton gold project in Ontario, Canada. According to the details, Heritage is poised to make payments of 7.2 million shares and CA$320,000 to Group Ten Metals, complete the exploration & development work, and grant Group Ten a 10% carried interest in the project through completion of a feasibility study.
Global telemedicine company will turn a profit in the current quarter and experience rapid growth after new contracts to provide chronic care management and medicare and medicaid reimbursements expand.
Edison Investment Research Ltd. commented in a research report that it is raising its revenue and adjusted EPS targets for CentralNic Group Plc. for FY/21 thru FY/23. Edison noted that shares of the global internet domain and platform provider, which derives revenue from sales of online presence and marketing services, trades at a valuation far below its peers with much lower growth rates.
ChargePoint Holdings Inc. shares powered 8.25% higher after the firm reported a 61% increase in Q2/22 YoY revenue and raised its FY/22 revenue guidance by 15% to $225-235 million.
Haywood Capital Markets commented in a research report that the newly announced discoveries at Liberty Gold Corp.'s Black Pine Project highlight the unbounded nature of the underlying gold system. Haywood rates Liberty Gold as a "Buy" and recommends accumulating shares at current price levels.
A co-branded API agreement between Marble Financial and Citadel Mortgages offers both companies a platform for growth.
Fabled Silver Gold continues successful exploration in Mexico while preparing to spin off its copper project in Canada.
Even though to meet this guidance, Kopy Goldfields must achieve significantly higher production in this year's second half, "we believe H2/21 will show such growth," an Edison Investment Research report noted.
Standard Lithium Ltd. shares traded 25% higher after the company reported that installation work at its SiFT lithium carbonate crystallization plant near El Dorado, Arkansas is now finished and that it expects fully integrated operations to get underway this month.
|"All 29 holes of DEFN's latest drill program yielded positive results."|
|"We have a Buy recommendation on QPM."|
|"LBC plans a strategic drill campaign for its Mocoa project."|
|"MAG reported Q1/22 production generally in line with our estimates."|
|"We have a Buy recommendation on PGE."|