Streetwise Reports' Article Archives — June 2022 back to current month (88)
Quebec Junior All-In for Gold in James Bay (06/30/2022)
Junior explorer Quebec Precious Metals Corp. is focusing on gold in its project in the James Bay territory of Quebec and selling off its non-core properties. It hopes to complete a mineral resource estimate by the end of the third quarter.
Chen's Top Picks for Q3 (06/30/2022)
Need to know where to go in these turbulent times? Asset manager Chen Lin has some ideas with his top picks for the third quarter.
With four priority targets identified, Canadian explorer Golden Arrow Resources Corp. is conducting its initial exploration program at its newly acquired copper-gold-cobalt property, noted a Goldletter International bulletin, and also explains why it believes the company is undervalued.
Shares of BioNTech SE traded 5% higher after the company together with its partner Pfizer Inc. reported that the two firms have agreed to provide 105 million 30 µg, 10 µg and 3 µg new doses of the SARS-Co-V2 vaccine to the U.S. government in a contract valued at $3.2 billion. The agreement includes a provision allowing the U.S. government to purchase up to an additional 195 million doses, which if exercised would increase the grand total to 300 million doses.
Red Cat Holdings, a hardware and software provider to the drone industry, continues to innovate, and this industry observer calls it a "strong player to keep an eye on."
Dakota Gold Joins Russell 3000, GDXJ in Same Week (06/29/2022)
The Russell 3000 is home to the top 3,000 U.S.-traded equities. One junior gold explorer with a significant land package in the Black Hills of South Dakota — where the Homestake gold mine once produced more than 40 million oz gold — has joined the Russell 3000 and the VanEck Junior Gold Miners ETF, better known as the GDXJ. Heady days for a company that started trading on the NYSE American exchange in April.
New Alzheimer's Drug Shows Promise as Monotherapy (06/29/2022)
Athira Pharma Inc.'s treatment with this small molecule alone resulted in improvements related to both primary and secondary endpoints, indicating pharmacological activity, noted a BTIG report.
MAG Silver Corp. offers a robust exploration pipeline, in addition to its project in Mexico that is close to reaching commercial production, noted a PI Financial report.
Spanish Deposit Offers 'The Best Bang for the Buck' (06/29/2022)
Results of Emerita Resources Corp.'s first drill hole there suggest the prospective potential of this high-grade project, noted a Clarus Securities report.
Shares of Patterson Companies Inc. traded 11% higher after the dental supply and animal health products distributor reported Q4/22 and FY/22 financial results highlighting a 9.9% increase in annual sales and an expansion in operating margins.
Shares of Sutro Biopharma Inc. traded 21% higher after the company announced it entered into a global collaboration agreement with Japan's Astellas Pharma to advance three novel immunostimulatory antibody-drug conjugates.
In this trial, slated to commence next quarter, the biopharma will test the efficacy of its version of the psychedelic compound in this mental health indication, noted a ROTH Capital Partners report.
The biotech developer of this gene therapy is preparing to launch it commercially in the U.S. and pursuing approval of it elsewhere in the world, noted an H.C. Wainwright & Co. report.
Co. Secures Option to Acquire Its 15th Uranium Asset (06/27/2022)
The mining firm plans to drill at this Athabasca Basin property this year, noted a Fundamental Research report.
EU Biopharma Co. Makes $247M Bid for US Oncology Co. (06/27/2022)
Epizyme Inc. shares traded 55% higher today after the company reported that it agreed to be acquired by Ipsen S.A. of France for $1.45 per share along with a contingent value right of $1.00 per share.
The Critical Investor looks into the latest drill results of this junior miner at its Regnault target, which could be very close to 1 Moz gold now.
Shares of USA Truck Inc. traded 111% higher after the trucking and logistics firm reported it agreed to be acquired by DB Schenker of Germany in an all-cash transaction for $31.72 per share.
Expert Michael Ballanger goes over the latest news with Getchell Gold Corp. The gold-copper exploration company has announced that they will be working with Apex Geoscience Ltd. to conduct a resource estimate for their Fondaway Canyon gold project in Nevada. Ballanger reviews the highlights of the move and recent results, as well as information on Getchell Gold Corp.'s upcoming webinar.
These standout grades from Emerita Resources Corp.'s Romanera project could indicate the presence of a large mineralized zone at this Spanish mining project, noted a Research Capital Corp. report.
Shares of uniQure N.V. traded 26% higher after the company released 12-month treatment data from the low-dose cohort in its Phase 1/2 Huntington's disease clinical trial.
Shares of healthcare technology and services firm Convey Health Solutions Holdings Inc. traded 138% higher after the company reported it received a proposal from majority shareholder TPG Inc. to take the company private. TPG has offered to buy all outstanding shares in Convey that it does not already own for $10.50 per share in cash.
Maurice Jackson sits down with Ari Sussman of Collective Mining, Colombia’s newest exploration company. Sussman says the company "expects strong news flow with lots of drilling activity. We are a discovery-based company with already significant results under our belt, and I hope everyone either tries to participate by buying shares, or at least watches us continue to put out news."
Shares of Biomea Fusion Inc. traded 14% higher after the company reported it dosed the first Multiple Myeloma patient in its Phase 1 COVALENT-101 r/r acute leukemia trial.
Junior's Drills Turning in Golden Triangle (06/21/2022)
Dolly Varden Silver Corp. has started its 99-hole drilling campaign at one of the largest high-grade and undeveloped precious metal assets in the Golden Triangle.
Junior Looks for Red Metal in BC (06/21/2022)
This junior explorer is starting its summer surface fieldwork campaign at its copper project while it continues to wait on drilling permits.
Results of Dermatitis Clinical Trial Due This Summer (06/21/2022)
Enrollment is now done for VYNE Therapeutics Inc.'s Phase 2a trial following encouraging Phase 1b efficacy data, noted an H.C. Wainwright & Co. report.
Checkpoint Therapeutics Inc., the biopharma behind this late-stage monoclonal antibody for metastatic cutaneous squamous cell carcinoma, could use the new trial results to seek approval in the locally advanced presentation of this cancer, too, noted a Ladenburg Thalmann report.
Another analyst initiated coverage on the well-positioned and -managed Lion One Metals Ltd, developing an alkaline epithermal gold deposit in Fiji, noted a ROTH Capital Partners report.
Adrian Day's Top Four Gold Buys (06/21/2022)
With Bitcoin going bonkers and the market in turmoil, Adrian Day says gold is a safe haven. Here are a few of his favorite companies that have throttled through the turbulence to top his list as Buys.
The best place to look for a new mine is near an existing mine. One company exploring for silver, gold, and base metals deposits on three different projects in southeastern Europe, is employing that strategy to its advantage as it lists on the Canadian Securities Exchange.
The U.S. Food and Drug Administration will likely approve Cytokinetics Inc.'s small molecule in Q1/23, during which its PDUFA date is scheduled, noted an H.C. Wainwright & Co. report.
Shares of Global Blood Therapeutics Inc. traded 12% higher after the company reported it has teamed up with New York Jets running back Tevin Coleman and his family to promote education and to offer hope and support to families affected by sickle cell disease.
Expert Says, 'Beware the Dancing Puppet' (06/17/2022)
Expert Michael Ballanger reviews this week's market updates from Wednesday's FOMC meeting to his outlook on Getchell Gold Corp., which he maintains is a "pound-the-table Buy."
The arbitration court extended the original deadline for a decision in this case of an alleged breach of contract between TRACON Pharmaceuticals Inc. and I-Mab Biopharma, noted an H.C. Wainwright & Co. report.
Biotech Co. Advances 3 New Clinical Stage Assets (06/16/2022)
Ocugen Inc.'s new diverse product candidates include a COVID vaccine, a gene therapeutic for retinitis pigmentosa, and a cell therapy to prevent osteoarthritis, noted a ROTH Capital Partners report.
Beverage Co. Bubbles Up With 94% Expanded U.S. Sales (06/16/2022)
While the impact of COVID may have hit GURU Organic Energy Corp., H2 is "a seasonally stronger period that we believe is likely to see a return to more 'normal' consumer buying patterns," noted a ROTH Capital Partners report.
Algoma Steel Group Inc. shares traded 18% higher after the North American light gauge rolled steel sheet and plate products producer reported financial results for Q4/22 and FY/22 that featured a 112% YoY increase in consolidated revenue.
Advent Technologies Holdings Inc.'s shares traded 245% higher after the fuel cell systems developer and components manufacturer advised it received official notification from the Greek State for the IPCEI Green HiPo Project. The firm is scheduled to receive an investment totaling €782.1 million ($829M) over a period of six years for a new hydrogen fuel facility to be constructed in Western Macedonia.
Is the Nanotech Market Headed To Be Worth Billions? (06/15/2022)
The tiny world of metamaterials could do everything from helping to deice your car’s windows to helping you see clearly into your microwave. And the industry could be worth billions.
Investors Show Confidence in This Chilean Investment (06/15/2022)
Some big names in the industry invested during this company's recent financing, which will fund a new drill program. Drill targets are already defined and derisked, leading one expert to conclude this "could be very successful for the company."
US E&P Co. Receives Take-Private Offer (06/15/2022)
Continental Resources Inc. shares traded 15% higher to a new 52-week high after the oil and gas company announced it received a non-binding buyout proposal for $70 per share in cash from the firm's largest shareholder Chairman Harold G. Hamm and the Hamm Family Trust.
Oil and Gas E&P to Spin Out Assets (06/15/2022)
"The market is pricing in very little for the new company, and given our expectations for continued strong oil prices, we believe this is a buying opportunity," noted a Research Capital Corp. report regarding Pan Orient Energy Corp.
The explorer's latest drill results are some of the best reported to date at its silver-gold project, noted a Research Capital Corp. report.
These changes earned Reliq Health Technologies Inc. an upgrade in overall rating by independent investment research and advisory firm, Jefferson Research.
Junior Hits Highest Grades Yet in Colombia (06/13/2022)
Santa Ana was once the biggest colonial silver mine in Colombia. Today one junior explorer is looking to return Santa Ana to its previous glory, and some recent bonanza-grade drill results show the old mining district has plenty left to give.
Gold Terra Resource Corp. has some ambitious plans as they continue to drill their 30,000m program, and the most recently announced results 'continue to impress.'
NevGold Adds Nutmeg to Mix (06/13/2022)
One junior explorer just added a project in Idaho to a healthy stable of assets. Management believes the deal creates a lot of upside for shareholders, as the focus now turns toward extracting that value.
Today expert Adrian Day runs over the latest updates in deals and exploration from Midland Exploration, Orogen Royalties, and Fortuna Silver to tell you which ones he believes are a Buy.
Optinose Inc. shares traded 40% higher after the company reported positive top-line data from its Phase 3 ReOpen2 Trial of XHANCE for use in treating chronic sinusitis without nasal polyps.
Expert Says, 'Inflationary Angst Is Here' (06/13/2022)
Expert Michael Ballanger shares his thoughts on the Fed's actions to combat interest rates, the "angst" gold investors may be feeling at the present moment, and what he believes we should do next.
Could this aspiring junior have the next company-maker IOCG deposit on its hands? One junior explorer operating in Chile recently acquired 18,000 hectares between one giant copper mine and another massive development-stage project. Management thinks this could be another success story for a company with a history of turning little into lots.
Junior Speeds Up Drill Program in Spain (06/10/2022)
Mining along the Iberian Peninsula has occurred for thousands of years. Today, one company is again exploring the Iberian Pyrite Belt as part of an effort to quickly build a resource and join the ranks of Spain’s metals producers.
Biomea Fusion Inc.'s new menin inhibitor is soon to begin clinical human trials after it restored glycemic control and outperformed the standard of care, in animal models.
The response rate to DBV Technologies SA's drug patch in the recent Phase 3 clinical trial was statistically significant, which bodes well for the company as there is currently no approved therapy for children with this condition.
Cogent Biosciences Inc. shares traded 70% higher after the firm reported positive clinical data from Part 1 of its ongoing Phase 2 APEX trial evaluating bezuclastinib in patients with advanced systemic mastocytosis (AdvSM), a severe hematologic disorder.
Explorer Renews Rare Earths Campaign in BC (06/09/2022)
This company is getting drills turning and renewing its search for rare earth elements in Canada, hoping to reduce the West’s dependence on resources from China.
More Positive Drill Results From Mining Co. (06/09/2022)
New findings bode well for Troilus Gold Corp.'s imminent mineral resource estimate and subsequent prefeasibility study.
Emerita Resources Corp. has an ambitious goal of completing 70,000 meters using six rigs at their Spanish project, and recent electromagnetic surveys indicate even greater potential than originally thought.
One drillhole returned the longest, high-grade intercept to date at the Fiji project, 20.86 grams per ton gold over 75.9 meters, a "potential game changer" in Lion One's development.
Signet Jewelers Ltd. shares traded 9% higher after the company reported Q1/23 financial results and reaffirmed its FY/23 estimates for total revenue and non-GAAP operating income.
Approval would be positive news for Aldeyra Therapeutics Inc. given the market for the indication is large and underserved, noted a BTIG report.
Gold Assets Could Help Secure Nation's Shores (06/08/2022)
This North American natural resource explorer is advancing the potential of its key gold projects at the 60th parallel of Canada’s Northwest Territories.
After weathering some major setbacks, PetVivo Holdings Inc. is stepping it up. With their new product for osteoarthritis and the team's perseverance, they may soon show themselves as a diamond in the rough.
Biopharma Co. Meets Primary Endpoints in ARDS Trial (06/08/2022)
MediciNova Inc. shares traded 9% higher after the company released top-line data from its Phase 2 study of MN-166 (ibudilast) in hospitalized COVID-19 patients deemed to be at elevated risk for acute respiratory distress syndrome. In the study, MN-166 demonstrated significant decreases in respiratory failure.
The valuation of this company is expected to rise as it advances through project permitting processes, environmental approvals, financing, local agreements and more, noted a Velocity Trade Capital report.
The Spanish administrative and criminal cases concerning the 2015 granting of a mining project tender now will be heard consecutively rather than simultaneously, noted a Research Capital Corp. report.
A Canadian junior explorer has attracted the attention of strategic metals and mining investor Michael Gentile, as he is expected to take part in the financing.
Augusta Gold Corp. has been on an upward swing, even after facing hurdles in mid-April/May this year. While buying in mid-May would have been ideal, analyst Clive Maund says it still looks like it's 'a good time to buy ahead of a more vigorous advance.'
Shares of AeroClean Technologies Inc. traded 150% higher after the company reported it received 510k clearance from the U.S. FDA for its Pūrgo™ medical-grade indoor air purification technology that uses UV-C LEDs to eradicate airborne bacteria, fungi, and viruses, including COVID-19.
Silver Jr's Mexico Plant on Track, Stock's a 'Buy' (06/06/2022)
This Canadian junior's processing plant is on track to open mid-year in Mexico. The mine feeding it is already producing and beating analysts' estimates.
Is the Fed's Newest Policy Hawkish? (06/06/2022)
Expert Adrian Day looks at likely outcomes for the Federal Reserve’s new, possibly hawkish, policy and reviews one of his favorite income investments. He also takes a moment to wish Her Majesty the Queen a happy Jubilee.
Lion One Hits Best-Ever Hole in Fiji (06/06/2022)
One junior operating in Fiji is well on its way to building a gold mine, but now it’s hit a long high-grade gold intercept that might alter those plans — and change the story altogether.
Approved Drug Shows Promise in Follicular Lymphoma (06/06/2022)
Comparison of new and previous clinical trial data shows improved efficacy, noted a Wedbush report.
The Critical Investor marvels at the ongoing CA$3 million PP by Tectonic Metals, and explains why he believes in low downside risk, as does for example Tectonic's strategic partner Crescat Capital.
Opting to use the acid bake process should improve the design and economics of the REE project for its owner, noted a Noble Capital Markets report.
Explorer Boasts Major Gold Find on Viti Levu (06/06/2022)
Shares of Canadian gold explorer Lion One Metals Ltd. traded 17% higher after the company reported it discovered a major new gold structure at its Tuvatu Alkaline Gold Project on the island of Viti Levu in Fiji.
FDA Approval of Drug Could Be on the Way (06/03/2022)
"We continue to see good overall odds of ultimate approval" despite the current delay, noted an H.C. Wainwright & Co. report, regarding Verrica Pharmaceuticals topical drug for molluscum contagiosum, a viral skin infection.
Bristol Myers to Buy Precision Oncology Co. (06/03/2022)
Turning Point Therapeutics Inc. shares traded 116% higher after the company reported it entered into a definitive agreement to be acquired by Bristol Myers Squibb Co. in an all-cash transaction for $76.00 per share.
Junior Finds More Gold Mineralization in Nevada (06/02/2022)
It's still in the early stages but one junior gold explorer in Nevada's Carlin Trend has outlined an oxide gold system that looks similar to others being mined nearby in America's most prolific gold-mining state.
As Omai Gold Mines is busy drilling their project in Guyana, the Critical Investor catches up with CEO Ellingham to discuss the latest results.
Precision Oncology Co. Signs $1.325B Licensing Deal (06/02/2022)
Repare Therapeutics Inc. shares traded more than 50% higher after the company reported it entered into a worldwide license and collaboration agreement with Roche AG for its anti-tumor drug camonsertib (RP-3500). The agreement includes an upfront payment of $125 million and up to an additional $1.2 billion in development, sales and royalties if certain milestones are achieved.
The "update should be important for determining EDP-235's potential to tap into this large market," noted a ROTH Capital Partners report.
Red Metal Drills More Than 1% Copper (06/02/2022)
You want copper? You go to Chile. One junior explorer operating near the coast there just published its first drill results and they're above 1% copper. Now the hunt is on to find an iron-oxide-copper deposit like the ones others have found in the same copper belt — that's the ultimate goal.
Analyst Has 4 Picks to Power EVs, Your Portfolio (06/01/2022)
Everything in the future seems like it will run on batteries. Here are some smart picks to grow your money along with the industry, according to one analyst.
Junior Picks Up Rio Tinto Uranium Project (06/01/2022)
Land position is often the key to not only finding an economic deposit but also ensuring that when you do, it’s all yours. One uranium explorer in the Athabasca Basin just added 732 sq. kilometers to its land package and is looking to dust off some old drill targets and expand its resource base.
Michael Ballanger Sees 'Bubble Trouble' (06/01/2022)
As month five of this bear market comes to an end, expert Michael Ballanger goes over some bear market stories that left him with battle scars and provides some insight on what to expect in the months ahead.
What Will Make the Market Notice This Gold Company? (06/01/2022)
FenixOro's Colombian gold project is just 15km from a world-class, high-grade gold mine that the team's COO helped discover and develop before it was sold for CA$1.4 billion. FenixOro believes it has a similar mine in the making with possibly 6 to 10 million ounces of medium or high-grade gold, yet the market values the company at CA$14 million.
Smart Window Maker Posts Record FY21 Revenue (06/01/2022)
View Inc. shares traded 33% higher after the company reported FY/21 financial results highlighting a 125% YoY increase in revenue along with expectations for even higher growth in FY/22.
|"We like the current risk/reward with TAO down at its current levels."|
|"The news about LIO is all positive."|
|"DEFN looks even more attractive and more of a Buy here than ever."|
|"BWCG's four properties host multiple targets, ripe for a discovery."|
|"We are initiating coverage on SEA with an Outperform rating."|