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Tecsys Reports Higher Q1 Net Profit and Revenue; Raises Fiscal Year 2027 Guidance Range

Tecsys (TCS.TO) reported first quarter earnings per share of CA$0.21 late Thursday, compared with CA$0.05, a year earlier.Analysts polled by FactSet expected EPS of CA$0.12.Revenue increased to CA$50 million in the three months ended July 31, 2026, compared with CA$46.0 million, a year-ago. Analysts expected revenue of CA$47.7 million.The company raised its Fiscal Year 2027 outlook and now expects total revenue growth of 5% to 8% from 2% to 4%, expected earlier. Fiscal Year 2027 adjusted EBITDA margin is expected to grow 11% to 14% from 11% to 13%, expected earlier.Tecsys also declared a quarterly dividend of CA$0.09 per share to be paid on Oct. 2, to shareholders of record on Sept. 22. This dividend is unchanged from the prior quarter.Shares of the company closed up 1.1% to CA$28.55 on Thursday on the Toronto Stock Exchange.

$TCS.TO

Mining & Metals11d ago

CN Files Description of Anticipated Requested Conditions With STB

Canadian National Railway Company (CNR.TO) filed a description with the Surface Transportation Board (STB), of the anticipated conditions it plans to seek in connection with the proposed Union Pacific (UP) and Norfolk Southern (NS) transaction, to preserve rail competition and expand customer options in the Midwest, it said in a statement late Thursday."The conditions we are proposing would preserve competitive access in key Midwest markets, expand CN's reach and create additional opportunities to grow with our customers," said CN senior vice-president and chief legal officer Olivier Chouc.The proposed conditions include preserving competitive options for 2-to 1 shippers in central and Southern Illinois and for 3-to-2 shippers in Des Moines and Avon, Iowa. It also includes new access to Kansas City and improved access to East St. Louis, Illinois and St. Louis, Missouri.Anticipated conditions remain subject to STB approval and the closing of the proposed UP-NS deal. Formal requests for conditions are due on November 18, it said.US-listed shares of the company were last seen up 0.1% at $121.3 in pre-market trading.

$CNR.TO

Mining & Metals11d ago

Boyd Group Services Gets TSX Approval for Normal Course Issuer Bid

Boyd Group Services (BYD.TO, BGSI) received approval from the Toronto Stock Exchange for its notice of intention to conduct a normal course issuer bid, it said Friday.The NCIB will allow the company to purchase for cancellation up to a maximum of around 2.8 million shares, or approximately 10.0% of its public float, said the company.The buyback will begin on Sept. 16 and run for 12 months, it said.The company has not purchased any shares during the previous 12 months, it added.US-listed shares of the company were last seen down 0.17% at $81.63 in pre-market trading.

$BGSI$BYD.TO

Mining & Metals11d ago

Canadian Dollar Rebounds as Rate Differential Narrows; Scotiabank Sees Further Gains

The Canadian dollar has staged a strong recovery from its mid-year lows, climbing more than 3.5% from its June low through late August as the US-Canada interest-rate differential narrowed, according to Scotiabank Economics in a note.The loonie has remained resilient despite heightened trade tensions, with economic data suggesting the Canadian economy continues to show strength, wrote the bank in a Thursday note.A more hawkish Bank of Canada and softer Federal Reserve outlook have boosted the loonie, narrowing yield spreads and shifting market positioning in favor of the Canadian dollar, said Scotiabank.Much of the negative trade news appears priced into the currency, while Canadian positioning remains heavily short, according to the bank. A revival in trade talks with the US could leave room for additional loonie gains.Scotiabank expects USD/CAD to fall, with a target of CA$1.37 by year-end and CA$1.33 by the last quarter of 2027.

$CAD$CXY$USD/CAD

Mining & Metals11d ago

Integral Metals Raises CA$1.3 Million Via Non-Brokered Flow-Through Private Placement

Integral Metals (INTG.CN) closed its non-brokered private placement of units raising CA$1.3 million, it said in a statement late Thursday.The company issued 3.1-million units at CA$0.40 apiece as part of the offering. Each unit consists of one share issued as a "flow-through share" and one transferable 1.5-year warrant, with each warrant entitling the holder to buy a non-flow-through share at CA$0.50.Proceeds from the issuance of the FT shares will be used to incur eligible "Canadian exploration expenses" that are intended to qualify as "critical flow-through mining expenditures," it said.Shares of the company closed down 6.9% to CA$0.40 on Thursday on the Canadian Securities Exchange.

$INTG.CN

Mining & Metals11d ago

North American Construction Group Names Brad Rogers as President, CEO

North American Construction Group (NOA.TO, NOA) appointed Brad Rogers as its president and chief executive officer effective Dec. 1, it said after markets closed Thursday.Rogers will also join the company's board of directors on the same date, it said. He replaces Barry Palmer, who became CEO in January following the departure of Joe Lambert and led the company during the search for a successor.Rogers spent four years as CEO and managing director of Australian-listed Jupiter Mines.

$NOA$NOA.TO

Mining & Metals11d ago

The Descartes Systems Group Q2 Net Income, Revenue Rise

The Descartes Systems Group (DSG.TO, DSGX) reported second quarter net income per share of $0.57 compared with $0.43, a year earlier.Revenue increases to $201.1 million in the three months ended July 31, 2026, compared with $179.8 million, a year-ago. Analysts expected revenue of $200.5 million.US-listed shares of the company were last seen up 3.6% at $73.90 in pre-market trading.

$DSG.TO

Mining & Metals11d ago

Earnings Flash (ROOT.TO) Roots Corporation Posts Q2 Adjusted Loss CA$0.08 per Share

$ROOT.TO

Mining & Metals11d ago

Earnings Flash (ROOT.TO) Roots Corporation Reports Q2 Sales CA$49.5M

$ROOT.TO

Mining & Metals11d ago

Enghouse Systems Q3 Net Earnings, Revenue Decline

Enghouse Systems (ENGH.TO) said Thursday after trade that its third-quarter net earnings declined 9.7% to CA$0.28 per share, from CA$0.31 per share in the prior year period.Analysts polled by FactSet had expected CA$0.32 per share.The provider of enterprise software solutions said quarterly revenue fell 6.4% to CA$117.6 million for the period ended July 31, slightly below analysts' expectation of CA$118 million.The company will pay a regular quarterly dividend of $0.31 per share on Nov. 27 to shareholders of record on Nov. 13.Enghouse shares closed up CA$0.14 at CA$15.64 on the Toronto Stock Exchange.

$ENGH.TO

Mining & Metals12d ago

Wall Financial Fiscal Second-Quarter Earnings and, Revenue Rise Year Over Year

Wall Financial Corporation (WFC.TO) after the market close Thursday reported fiscal second-quarter earnings of CA$0.54 per share, compared with CA$0.39 per share in the prior-year period.Revenue for the quarter ended July 31 was CA$56.9 million, up from CA$51.9 million in the same period last year.Wall Financial shares closed up CA$0.90 to CA$20.90 on the Toronto Stock Exchange on Friday.

$WFC.TO

Mining & Metals12d ago

Earnings Flash (TCS.TO) Tecsys Inc. Reports Q1 2027 Revenue CA$50.0M, vs. FactSet Est of CA$47.7M

$TCS.TO

Mining & Metals12d ago

Earnings Flash (WFC.TO) Wall Financial Corporation Reports Q2 Revenue CA$56.9M

$WFC.TO

Mining & Metals12d ago

Earnings Flash (ENGH.TO) Enghouse Systems Limited Reports Q3 Revenue CA$117.6M, vs. FactSet Est of CA$118.0M

$ENGH.TO

Mining & Metals12d ago

Premium Global Income Split Fund Launches Overnight Offering

Premium Global Income Split Fund (PGIC.TO) said Thursday it launched an overnight treasury offering of preferred shares and Class A shares.The sales period will end at 8:30 a.m. ET on Sept. 11, with the offering expected to close on or about Sept. 18, subject to Toronto Stock Exchange approval and other customary conditions.The preferred shares will be offered at CA$10.75 each, representing a yield of 7.0%, while the Class A shares will be offered at CA$7.15 each, representing a yield of 13.4%.The shares closed Thursday at CA$11.00 for the preferred shares and CA$7.30 for the Class A shares on the TSX.

$PGIC

Mining & Metals12d ago

TSX Closer: Index Falls to Six-Week Low As Base Metals Slide; Oil Surges on Middle East Supply Fears

The S&P/TSX Composite Index closed down sharply at the lowest in six weeks on Thursday, as shares in the base metals sector tumbled while investors weighed surging oil prices and heightened Canada-US trade tensions.The index closed down 400.28 points, or 1.1%, at 35,506.28 with most sectors in the red. Base metals led decliners, down 5.8%, followed by utilities and telecom that closed down 1.6% and 1.5%, respectively. The financial sector was up 0.3%.In commodities, West Texas Intermediate (WTI) and Brent crude surged as escalating attacks on oil tankers around the Strait of Hormuz and renewed threats to Red Sea shipping heightened concerns about further disruptions to Middle East oil supplies.October WTI crude oil contract settled up $6.43, or 6.7%, at $102.48 per barrel, while November Brent oil was last seen up $6.71, or 6.6%, at $107.92 per barrel.Meanwhile, December Comex gold futures dropped 2.1%, or $92.00, to $4,368.70 per ounce at last look.In currencies, the US dollar edged up 0.2% against the Canadian dollar to CA$1.3831 at last look.On monetary policy, the Bank of Canada is expected to begin raising interest rates with a 25-basis-point hike in December, according to Scotiabank Economics in a note.Elevated trade uncertainty with the US and contained core inflation give the BoC room to wait for clearer evidence before acting, Scotiabank wrote.Meanwhile, Rosenberg Research said the BoC should hold rates unchanged as escalating trade tensions with the US threaten to further weaken the Canadian economy.With economic growth under pressure and the labor market weakening, further rate hikes appear increasingly difficult to justify until there is greater clarity on the trade outlook, added Rosenberg.On the trade front, more than 53,000 Canadian small businesses are directly impacted by US tariffs, Canadian counter-tariffs, or both, the Canadian Federation of Independent Business said in a note. It estimates that of the 53,112 small businesses directly impacted, the majority are importers.Notably, Canadians are backing Prime Minister Mark Carney and his Liberal government as they take on US President Donald Trump in the trade dispute, according to an Angus Reid Institute survey published on Thursday.The Liberals' lead over the Conservative Party of Canada has widened to 14 points, with 46% of respondents supporting the Liberals versus 32% for the CPC, up from a four-point lead in July, said Angus Reid.

S&P/TSX CompositeS&P/TSX Composite$CAD$CXY$USD

Mining & Metals12d ago

Apollo Silver Says Community to Vote on Lifting Moratorium Impacting Cinco de Mayo Project in Mexico

Apollo Silver (APGO.V) said Thursday members of the Ejido Benito Juarez, a municipality in Chihuahua, Mexico are expected to lift the moratorium on mineral exploration and development affecting communal lands which include the Cinco de Mayo project, under option by the company.The moratorium, which has been in place since 2012, is a key outstanding condition for the advancement of the Cinco de Mayo project, a statement said.The community assembly is expected to take place on Sept. 20."We are encouraged by the progress of this process and by the strength of the relationships we have built at the community level," said Colin Sutherland, Chief Executive Officer. "The company respects the autonomy of the Ejido and its decision-making processes, and we look forward to continuing an open, transparent and constructive dialogue with local stakeholders."Apollo Silver shares closed up CA$0.38, or 12%, to CA$3.55 on the TSX Venture Exchange.

$APGO.V

Mining & Metals12d ago

Manulife Financial Appoints Sarah Chapman as Global Chief Marketing Officer

Manulife Financial (MFC.TO) appointed Sarah Chapman as global chief marketing and customer experience officer, starting Jan. 1, 2027, the company said Thursday.Chapman, who currently serves as chief marketing officer for Manulife Canada, succeeds Karen Leggett, who will retire at the end of this year.Manulife shares were last seen up CA$0.86 at CA$60.21 on the Toronto Stock Exchange.Price: $60.22, Change: $+0.88, Percent Change: +1.48%

$MFC.TO

Mining & Metals12d ago

Prime Drink Group Raises CA$1.3 Million After First Closing of Private Placement

Prime Drink Group (PRME.CN) raised proceeds of CA$1.3 million following the first closing of its non-brokered private placement offering of units, it said in a statement on Thursday.The Quebec-based company issued about 27-million common shares and about 27-million warrants as part of the offering. Each two-year warrant entitles the holder to buy a share for CA$0.10.The company plans to allocate CA$1 million of proceeds to finalize its agreed settlement with creditors and the release of security, and the balance to general working capital needs, it said.Shares of the company were last seen unchanged at CA$0.07 on the Canadian Securities Exchange.

$PRME.CN

Mining & Metals12d ago

Cabral Gold Completes First Gold Pour at the Phase 1 Mine in the Cuiu Cuiu Mine in Brazil

Cabral Gold (CBR.V) completed the first gold pour at its Phase 1 Cuiu Cuiu mine in Brazil, producing approximately 1,130 ounces of gold, it said Thursday.The company has completed commissioning of the dry circuit at the mine and commissioning of the wet circuit is now nearing completion, it said.The company is now focused on ramping up mining and ore stacking operations at Cuiu Cuiu, targeting a stacking rate of 3,000 tonnes per day and commercial production by the end of 2026, added Cabral Gold."The completed Phase 1 operation includes several low-cost, readily available expansion opportunities that we are assessing," said John Sestan, vice-president, project development. "It also provides an operating base, along with valuable local project development and construction experience, that should simplify and de-risk the planned expansion into the significant hard rock Phase 2 component of our development strategy."The company's shares were last seen up CA$0.07, or 4.7%, to CA$1.56 on the TSX Venture Exchange.Price: $1.55, Change: $+0.07, Percent Change: +4.73%

$CBR.V

Showing 361-380 of 7540

Mining & Metals12d ago

TSX Closer: Index Falls to Six-Week Low As Base Metals Slide; Oil Surges on Middle East Supply Fears

S&P/TSX CompositeS&P/TSX Composite$CAD$CXY$USD