Streetwise Reports' Article Archives — March 2022 back to current month (91)
An emerging junior developer is banking on its sprawling northwest Ontario property having what it takes to reach Tier 1 status and attract the attention of a major.
Can This Helium Company's Share Price Hit CA$0.85? (03/31/2022)
A helium company obtains good test results from an additional well in Alberta, Canada, noted an Auctus Advisors report.
These positive drill results suggest the area's greenstone belt is immensely prospective, noted a Laurentian Bank Securities report.
Clovis Oncology Inc. shares traded 36% higher after the company reported that in the Phase 3 ATHENA-MONO clinical study its Rubraca® (Rucaparib) was shown to significantly improve progression-free survival in women diagnosed with ovarian cancer.
In its promotional deck, one junior explorer with two projects in Nayarit state, Mexico, bills itself as building a ‘superior junior.’ With a chairman and CEO who have transformed junior explorer companies into prized acquisitions for larger players, Sierra Madre is well on its way to achieving its goal.
Furniture Retailer Raises FY Revenue by 57% (03/30/2022)
Shares of national furniture retailer Arhaus Inc. traded 21% higher after the company reported Q4/21 and FY/21 financial results that included a 57% increase in FY/21 revenues.
Wireless Startup Launches on TSX Venture Exchange (03/29/2022)
Cellular infrastructure is big business, and start-ups in this space come around about as often as unicorns. Until now. One company is seeking to leverage its clout as a public company and grab an even bigger slice of the 5G wireless buildout.
Gold Co. Agreement Reached With Pakistan (03/29/2022)
Adrian Day's Global Analyst discusses recent developments at some companies on their list, including a new agreement Barrick has reached with the government of Pakistan to allow it to proceed with a giant mine in that country. Also, there's a growing trend for brokerage firms to decide what you can and cannot buy.
Tech Start-Ups Launch NFT Music Game (03/29/2022)
Micro-cap tech names are underperforming the broad market, but one of such plays continues to put together deals and build on its fundamentals in anticipation of the day when investors return en masse to the space.
Bob Moriarty shares his thoughts on York Harbour Metals, which has been simmering for a decade — until recently when they made a deal on a former mine.
Biotech Firm's Shares Double on $6B Deal (03/29/2022)
Shares of IGM Biosciences Inc. traded 97% higher after the company reported FY/21 financial results and announced it entered into a collaborative partnership with Sanofi SA to develop six separate IgM antibody agonists for three oncology and three autoimmune/inflammation targets.
Green Tech Co. Gets Early Approval for Ecuador Plant (03/29/2022)
This company that specializes in bioleaching technology expects its new plant to open in Ecuador in Q1 2023.
Property Gives Junior More Room to Explore (03/28/2022)
This exploration and development company is expanding its opportunities with the acquisition of an Ontario property with three connected, high-grade gold deposits.
STAAR Surgical Co. shares traded higher after the company reported that the U.S. FDA approved its EVO Visian® Implantable Collamer® Lenses to correct myopia (nearsightedness) and myopia with astigmatism.
Phenomenal Leverage to a World-Class Discovery (03/28/2022)
Michael Ballanger is never shy on opinion and in this submission he reveals a high-leverage copper play in Colombia that is in the early stages of exploration. He's convinced you should take a closer look.
Junior Continues to Hit Strong Oxide Gold Intercepts (03/27/2022)
This junior miner, after repeatedly reporting strong drill results, could be well on its way to delineating an estimated 800-1,100koz Au oxide gold resource near surface at its project in Sonora, Mexico.
LNG Terminal Operator Signs 20-Year Export Contract (03/26/2022)
Shares of Texas-based LNG terminal operator NextDecade Corp. traded 31% higher after the company reported it executed a binding long-term, 20-year supply agreement with Guangdong Energy Group Natural Gas Co. Ltd.
Quadrupling the two million ounces of gold it inherited from a previous miner is just one way Troilus Gold is moving ahead with de-risking and building a “generational asset” in Québec, Canada.
Junior Hits More Gold Near Surface At Yellowknife (03/25/2022)
The Critical Investor checks in with a junior explorer after it intersects visible gold and completes a CA$5.6 million raise.
Shares of Atlantic Lithium Ltd. rose 17% after the company reported the lithium resource at its Ewoyaa Project in Ghana has increased by 42% to 30.1Mt @ 1.26% Li2O.
David Lucatch, CEO and president of Liquid Avatar, spoke to Streetwise Reports about what’s ahead in 2022 for the company as well as the future of digital identity.
Explorer Samples Up to 27.2% Copper at B.C. Asset (03/23/2022)
A junior mining explorer releases a batch of surface fieldwork data and images from its copper project in British Columbia and prepares for a drilling campaign.
Shares of 4D Pharma Plc. traded 28% higher after the company reported positive interim results from its Phase 1/2 study of its MRx0518 in combination with Merck & Co.'s KEYTRUDA® (pembrolizumab) for use in treating renal cell carcinoma.
With copper flirting with $5/lb, it’s a good time to publish an expanded high-grade copper resource on a project you own outright in a mining-friendly jurisdiction with solid infrastructure and proven route to a deep-water port. It looks even better when metals recoveries from oxide and sulphide ore are higher than 85%.
Biotech Co. Gets $2M Grant for Parkinson's Treatment (03/22/2022)
Shares of SQZ Biotechnologies Co. traded 17% higher after the company reported that it has been awarded a $2 million grant from the NIH to develop a new cell replacement therapy for use in treating Parkinson's disease.
Co. Awaits FDA Approval of Drug, Prepares for Launch (03/21/2022)
The biopharma's executive team is managing both time and opex spending well, noted an Oppenheimer report.
The Fed Mandate Has Shifted (03/21/2022)
Michael Ballanger submits that steps should be taken to end central banking, and to remove the function known as "control of the currency" from its powers.
Analyst Says These 3 Stocks Are All Buys (03/21/2022)
Adrian Day — editor of Adrian Day's Global Analyst — discusses six companies, several of which are Buys, and looks to the SEC's latest plans for emissions control.
Shares of Aris Gold Corp. traded 30% higher after the company reported it entered into an agreement to become operator of the Soto Norte Gold Project in Colombia and has taken a 20% ownership interest in the operation with an option to increase its investment to 50%.
Drug Co. Gets PDUFA Date for TKI (03/20/2022)
"We expect poziotinib approval in late 2022 with sales of $21.9 million this year," noted an H.C. Wainwright & Co. report.
Produce Co. to Acquire Grower of Greens (03/19/2022)
The transaction will increase the acquirer's returns and lower its operating risk, noted a ROTH Capital Partners report.
Shares of Marinus Pharmaceuticals Inc. jumped 16.4% higher near the end of trading today after the company reported that the U.S. FDA granted approval for its ZTALMY® (ganaxolone) in treating a rare type of genetic epilepsy called CDKL5 deficiency disorder.
James Bay – Quebec’s Emerging Gold Mining District (03/18/2022)
The James Bay territory in northern Quebec is rich in metals, especially gold. One large mine and a few smaller ones are in production and now the race is on to drill off enough ounces to determine where the next mines will be.
Analyst: Green Tech Co. at Good Buy Spot (03/18/2022)
A green tech company that has developed technology to transform hydrocarbon waste such as tires into renewable commodity products is at another very good buy spot, analyst Clive Maund says.
Catalyst Could Push Pharma to Break Out (03/18/2022)
This pharmaceutical company is trading well below its cash value and is on the cusp of a potentially significant catalyst, one analyst says.
Nanotech Co. Hits Big Turning Point (03/17/2022)
This nanotech company says it is hitting an inflection point in the commercialization of its science and technology.
Copper prices are at record levels due to supply constraints and surging demand. And quite possibly the best place to look for copper is Chile, home to the largest copper deposits in the world. However, one junior is eschewing the country’s typical large porphyry deposits in the Andes for a shot at high grade near the coast.
Coverage was initiated on this "conviction name" that aims to update the resource estimate and complete a prefeasibility study on its namesake project this year, noted a Sprott Equity Research report.
The Critical Investor looks into Omai Gold Mines, which is proving up as many left behind ounces of gold as they can at the historic Omai Gold Mine in Guyana.
Shares of Marrone Bio Innovations Inc. traded 47% higher after the company agreed to merge with Bioceres Crop Solutions Corp. in an all-stock transaction valued at $236 million.
This mental health company is pioneering a unique, new treatment for mental health issues such as depression and PTSD in which psychedelics are administered by medical professionals in specialized clinics.
Co. Has What it Takes to Ease Global Demand for REEs (03/16/2022)
This Canadian mining firm is advancing its rare earths project, which has an existing, expandable resource and significant production potential, noted a Noble Capital Markets report.
Perfect Storm Brews for Higher Helium Prices (03/16/2022)
Helium gas is one of the hottest commodities on the planet, but few investors are tracking its price because prices are quite opaque. But by first quarter 2023, margins should be very high and run-rate annual revenue could exceed CA$100M.
Shares of cyber security firm SentinelOne Inc. traded 12% higher after the company reported a 120% increase in FY/22 sales and announced it is acquiring ITDR firm Attivo Networks for $616.5 million.
Clean Tech Co. Gives New Life to Old Tires (03/15/2022)
A Canadian clean tech company specializes in recycling technology that converts tires, plastics, and other hydrocarbon waste into marketable commodity end products.
Seeking Resources in 2 Former Mining Camps (03/15/2022)
Go to any mining conference and you’re likely to hear this adage: the best place to find a new mine is near an old mine. It’s true. It’s even more likely when metals prices are healthy and trending higher. One junior is seeking to outline resources in two former mining camps. The odds — and metals prices — just might be on its side.
One analyst says commodity prices are soaring as tensions between superpowers escalate, setting up the U.S. dollar to continue to dominate the world as a reserve currency.
Three Top Resource Companies Report Stellar Results (03/15/2022)
Adrian Day discusses financials from three resource companies that released earnings last week; all reported record years.
Tocvan Ventures Finding Gold in Sonora (03/15/2022)
Bob Moriarty of 321 Gold recommends this "low-cost, high-opportunity" Mexican explorer to today's investor.
Hycroft Mining Holding Corp. shares traded 14% higher after the silver and gold mining company reported it received a $56 million equity investment from famed precious metals investor Eric Sprott and movie chain operator AMC Entertainment.
As the dust settles after an intense proxy battle, the Critical Investor looks into this junior explorer's new direction and a rare opportunity.
Undervalued Uranium Producer Set to Break Out (03/14/2022)
Uranium is a cyclical commodity, but unlike most commodities, it is more of a feast or famine situation. Penny Queen says the table is set, and she can smell the food.
Biopharma Co. Enjoys Gains From Kidney Cancer Drug (03/14/2022)
Shares of this pharmaceuticals co. traded 22% higher after the company reported Q4/21 and FY/21 financial results that included a 17% sequential gain in net revenue from sales of its FOTIVDA® (tivozanib), which has been approved by the U.S. FDA for treating adults with relapsed or refractory advanced renal cell carcinoma (RCC).
Drone Maker Gets Boost From Ukraine Invasion (03/14/2022)
Analyst Clive Maund says this maker of sophisticated drones looks ready to reverse to the upside as the industry gets a massive boost from Russia's invasion of Ukraine.
License Revenues Kick in for Biopharma Co. (03/12/2022)
Shares of Clearside Biomedical Inc. traded 42% higher after the company reported Q4/21 and FY/21 financial results and provided an update regarding positive developments at the company including the receipt of over $20 million in milestone payments from its commercial development partner.
Junior Finds High-Grade Gold at La Pointe Extension (03/11/2022)
One of the hottest regions for gold exploration in Canada is the James Bay Lowlands, where several significant gold discoveries have already been made and one has become one of the country’s largest primary gold mines. One junior seeks to take its discovery to the next level, and recent drilling suggests it is on the right path.
Drills Turn As Uranium Prices Spike (03/10/2022)
Uranium explorers in Saskatchewan's Athabasca Basin have delivered a lot of shareholder value over the years with one simple formula for success: make a high-grade discovery during a period of robust uranium prices. With global energy supplies in question anduranium prices soaring, one junior is leveraging this formula to add pounds to an earlier discovery.
Co.'s Catalyst Rich 2022 Includes NDA, MAA Filings (03/10/2022)
An Oppenheimer report notes that this pharmaceutical company is working to expand the approved uses of its lead drug candidate, and numerous catalysts involving Empaveli are expected this year.
Biotech Firm Should Increase Sales by 20% This Year (03/10/2022)
This immunotherapy company's outlook for 2022 is positive with expected growth in overall product sales and progress on the clinical front, noted an H.C. Wainwright & Co. report.
Pasture-Raised Egg Producer Posts Record Q4 Revenue (03/10/2022)
Shares of ethically farmed egg producer Vital Farms Inc. traded 9% higher after the company reported Q4/21 and FY/21 financial results that included a 43.4% YoY increase in Q4/21 net revenue.
Alberta-Based Helium Co. Rising to Fill High Demand (03/09/2022)
Stars align for the helium market and for an Alberta-focused development company with proven helium resources, multiple drilled wells, and forecast production in 2023.
Adrian Day discusses recent results and developments at several of his favorite resource companies, with some still good buys despite the recent rallies.
Gold Explorer 'Looking Better and Better' (03/09/2022)
Technical analyst Clive Maund charts Kainantu Resources and explains why he has a Buy recommendation on the explorer with projects in Papua New Guinea.
This medical device company is improving its laser ablation system and working toward U.S. approval for its use in a second application, noted a Ladenburg Thalmann report.
Shares of C4 Therapeutics Inc. traded 16% higher after the biopharma company reported that the U.S. FDA granted Orphan Drug approval status for its CFT8634 for use in treating soft tissue sarcoma.
After its recent project acquisition, this Canadian mining company boasts one of the Golden Triangle's largest undeveloped precious metals properties, a significant total mineral resource, and compelling exploration upside.
Shares of Intertape Polymer Group Inc. traded 76% higher after the company reported it agreed to be acquired by Clearlake Capital Group L.P. for CA$40.50 per share in cash.
Rare earth elements are in high demand, and newly released drilling results in Canada could point to a way to help loosen China's stranglehold on the sector.
Silver Developer on Solid Path to Restart Idaho Mine (03/08/2022)
This silver miner is on a rapid pace to restart production at its Bunker Hill Mine in the historic Coeur d'Alene Silver District in Idaho.
Analyst: Now Is a Good Time to Review Crude Oil (03/08/2022)
It has been a wild week for crude oil. Technical analyst Clive Maund reviews the trends.
Is This Mineral Company Stock About to Break Out? (03/07/2022)
Technical analyst Clive Maund takes a look at Barsele Minerals' chart and explains why he finds it attractive.
Two Leading US E&P Cos. Join Forces in $6.0B Merger (03/07/2022)
Shares of two leading independent exploration and production companies traded higher after they reported they entered into an agreement to combine operations in what was referred to as a "merger of equals," creating a new entity with a total enterprise value of around $6.0 billion.
EV Demand Drives Phosphate Rock Market (03/07/2022)
Multiple factors are pushing fertilizer (and critical component phosphate rock) prices higher and higher. One need look no further than grain prices like wheat, corn, and soybeans.
Uranium Company Stock 'An Attractive Buy' (03/06/2022)
Technical analyst Clive Maund charts a uranium company with projects in Canada and explains why he believes it will benefit from higher energy prices.
The Critical Investor takes a deep dive into Quebec-focused gold explorer Vior Inc. and concludes that he likes "the odds for Vior, as Belleterre is an impressive brownfield project with lots of indications for mineralized potential."
Analyst Coverage Launched on Metals Exploration Co. (03/05/2022)
A junior is nearing the major catalysts of maiden resource estimates for two of its prospective silver projects where it continues exploration work, noted a Couloir Capital report.
Given current geopolitical conflicts and rising inflation, investors should put their capital in precious and base metals as they are excellent stores of value during times like this, Ross Beaty said at a March 2022 mining industry event.
Mining Co. to Save Money With Switch to Hydro Power (03/04/2022)
With a recent agreement for greener electricity, this company has abandoned its previous plan to use diesel-generated power for its mining project, noted a Red Cloud Securities report.
Tech Startup Not Dabbling in Dabbl Acquisition (03/04/2022)
A Vancouver-based tech startup decides to protect its shareholders versus following through on an acquisition that would have ultimately created company-threatening dilution.
Sell Newmont Mining, Limit of 70.20, Analyst Says (03/04/2022)
Adrian Day has been promising a few sells among the stocks on his list for some months now, to offset recent new buys and make room for new buys. Today, we have the first of those.
Future of U3O8 Industry at Mercy of World Events (03/04/2022)
Against this backdrop of uncertainty, many uranium explorers and developers continue to advance their North American projects.
Healthy Restaurant Chain's Revenues Grow 54% in 2021 (03/04/2022)
Shares of new concept fast casual restaurant chain Sweetgreen Inc. (SG:NYSE) traded 23% higher after the company reported Q4/21 and FY/21 financial results highlighting a 63% YoY revenue increase in Q4/21.
At very high zinc and copper prices, and with a pretty impressive (60.4m @ 2.25% CuEq) drill result at the Sesmarias target, part of the Alvalade project in Portugal, it was easier for Avrupa Minerals to raise almost a third of their market cap, being CA$1.25M. The Critical Investor does a quick update.
Grocery Chain's Shares Hit 'Fresh' New 52-Week High (03/03/2022)
Shares of The Kroger Co. traded 11.6% higher after the company reported Q4/21 and FY/21 financial results that included a two-year stack growth rate of 113% in Digital Sales.
Junior Has Strong Year, Ready for Another (03/02/2022)
Spain’s Andalusia region is known for its seafood, olive oil, and Moorish architecture. It’s also known for having one of the world’s most prolific mining belts — the Iberian Pyrite Belt. One junior explorer has some of the most prospective mining concessions in that belt, with Spain’s courts about to give it yet one more — and it comes with a big historical resource.
Organogenesis Holdings Inc. shares traded 23% higher after the company reported FY/21 financial results that included a 46% YoY increase in revenue from its Advanced Wound Care products sales.
A gold mining company enters into two agreements for funding and power, helping to advance and de-risk one of its projects, noted a ROTH Capital Partners report.
Copper prices are rising quickly and the number of junior exploration companies seeking to ride the copper price wave grows by the day. One such company has strong land positions in four mining friendly states, an experienced exploration team, an enviable share structure, and is already delivering results for shareholders.
An outperform-rated biopharma, which has a robust year of significant events ahead, is trading now at a significant discount, noted a Wedbush report.
The 2022 outlook for a cancer detection and therapy solutions company is positive given its focus on dermatology and implementing new commercial strategies, noted an Oppenheimer report.
Primary Care Operator to Open 40 New Centers in 2022 (03/01/2022)
Shares of a Medicare-focused and AARP endorsed primary care facility operator traded 27% higher after the company reported FY/21 financial results that included a 64% YoY increase in capitated revenue.
|"JEV's Q3/23 financial results were in line with our expectations."|
|"MMG looks like a Strong Buy here."|
|"TAO's T100 well encountered very good oil shows."|
|"DEFN is laying the groundwork for offtake agreements."|
|"We are initiating coverage on SM with a Speculative Buy."|