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Mining & Metals96d ago

TC Transcontinental Also In Three-year Agreement with Glacier Media To Print the Victoria Times Colonist

$GVC.TO$PNC-A.TO$PNC-B.TO$TCL-A.TO$TCL-B.TO

Mining & Metals96d ago

TC Transcontinental Announces Expansion of Its Partnership with Postmedia Network Through 2030

$GVC.TO$PNC-A.TO$PNC-B.TO$TCL-A.TO$TCL-B.TO

Mining & Metals96d ago

Earnings Flash (MRC.TO) Morguard Reports Q1 Total Revs From Real Estate Properties Decreased By $8.5M, or 3.3%, to $254.5M

$MRC.TO

Mining & Metals96d ago

Earnings Flash (KBL.TO) K-Bro Linen Reports Q1 Revenue $139.1M, Up 52.9% YoY

$KBL.TO

Mining & Metals96d ago

Curaleaf Swings to Q1 Profit As Revenues Beat Expectations

Curaleaf (CURA.TO) reported a swing to a surprise first-quarter profit, boosted by better than expected revenues.The company reported net income from continuing operations of US$70.1 million, or US$0.09 per share, compared with a loss of US$50.1 million, or a loss of US$0.09 per share. Analysts polled by FactSet had forecast a loss of US$0.08 per share.Revenue climbed 6% over the same period, to US$324 million, beating the US$317 million forecast."The macro headwinds that constrained growth over the past three years are now beginning to turn into meaningful tailwinds. Moreover, the historic rescheduling of medical cannabis provides a shift in the trajectory of our business and the industry overall, for which we are well-positioned," said chief executive Boris Jordan. "The investments we've made in the core pillars of our "Built for Growth" strategy are translating directly into tangible performance," he added.Curaleaf shares closed up $0.28, to $4.73 on Tuesday on the Toronto Stock Exchange.

$CURA.TO$HMMJ.TO

Mining & Metals96d ago

Rocky Shore Closes Acquisition of Additional Mining Claims

Rocky Shore Gold (RSG.CN) Tuesday said it closed the purchase of 13 mining claims in central Newfoundland.As previously disclosed, the company paid consideration of $25,000 cash and issued an aggregate of 250,000 shares of Rocky Shore for the claims. The vendors retained an aggregate 2.0% net smelter return royalty on the claims, it added.

$RSG.CN

Mining & Metals96d ago

TSX Closer: Index Down In All But 1 of the Last 8 Sessions; Morningstar Cites 10 Top-Performing Dividend Stocks

The Toronto Stock Exchange has closed lower in all but one of the last eight sessions, with the latest losses on this Tuesday coming as U.S. Defense Secretary Pete Hegseth said the US-Iran ceasefire "is not over" despite attacks in the Strait of Hormuz yesterday.The S&P/TSX Composite Index closed down 71.96 points, or 0.2%, at 33.566.91, even as most sectors were higher, led by Health Care, up 2.5%, followed By Base Metals, up 2%, and Energy, up 1.4%. Information Technology was down near 4.2% and the Battery Metals Index was down 2.6%.Among individual stocks, BNN Bloomberg TV cited Ero Copper, up more than 5% today and up just short of 100% over one year. The company reported first-quarter results earlier Tuesday. BNN also cited Parex Resources (PXT.TO), up near 5% as Frontera (FEC.TO) obtained a final order approving their plan of arrangement.On the negative side, BNN cited Shopify (SHOP.TO), down more than 15% after its Q1 results, and Keyera (KEY.TO), which lost more than 7% as the Competition Bureau moved to block its $5.15-billion acquisition of Plains All American Pipelines Canadian natural-gas liquids business.Still on individual stocks, Morningstar Canada said the top performing dividend payers in April included engineering and construction company Aecon (ARE.TO), Canadian Imperial Bank of Commerce (CM.TO), and asset management firm IGM Financial (IGM.TO). Morningstar noted dividend-paying stocks that "combine healthy balance sheets with hefty yields" can provide investors with "steady incomes, cushion against market downturns, and grow investments at a healthy clip".A screening of the Morningstar Canada Index, which measures the performance of Canada's broad regional markets, targeting the top 97% of stocks by market capitalization, for companies with a forward dividend yield of at least 1.5%, excluding real estate investment trusts, showed the best performing Canadian dividend stocks last month. This included the aforementioned Aecon, CIBC and IGM. The list also included National Bank of Canada (NA.TO), TD Bank Group (TD.TO), Industrial Alliance Insurance and Financial Services (IAG.TO), Power Corporation of Canada (POW.TO), TMX Group (X.TO), Sun Life Financial (SLF.TO) and Superior Plus (SPB.TO).Of commodities, gold traded higher by midafternoon, rising off a five-week low as treasury yields weakened. Gold for June delivery was up US$35.60 to US$4,568.90 per ounce.But West Texas Intermediate crude oil fell 3.9% with the ceasefire between the United States and Iran seen holding, calming Monday's gains as violence in the Persian Gulf eased. WTI crude oil for June delivery closed down US$4.15 to settle at US$102.27 per barrel, after rising 4.4% on Monday, while July Brent oil was down US$4.24 to US$110.20.

S&P/TSX CompositeS&P/TSX Composite$CXY$ARE.TO$CM.TO$ERO.TO$FEC.TO$IAG.TO$IGM.TO$KEY.TO$NA.TO$POW.TO$PXT.TO$SHOP.TO$SLF.TO$SPB.TO$TD.TO$X.TO

Mining & Metals96d ago

Earnings Flash (SIA.TO) Sienna Senior Living Says AFFO Increased by 45.1% YoY, or by 23.5% on a per share basis, in Q1 2026

$SIA.TO

Mining & Metals96d ago

Update2: Keyera's Purchase of Plains All American's Natural Gas Liquids Assets Challenged by the Competition Bureau

(Adds Keyera comment on expected closes of the acquisition in paragraph 5; updates shares.)Keyera (KEY.TO) faces official pushback on its $5.15-billion acquisition of Plains All American Pipeline's (PAA) Canadian natural gas liquids assets as the Competition Bureau on Tuesday said it filed an application with the Competition Tribunal challenging the deal.The bureau said in a release it believes "the proposed transaction is likely to harm competition in natural gas liquids processing and storage, particularly at Fort Saskatchewan, Alberta, Canada's primary hub for these services".The bureau said the referral to the Tribunal follows on an investigation that concluded the acquisition would eliminate a close competitor in the Fort Saskatchewan market and increase market concentration. It also said the merged company would have the "ability to increase prices, impose less favourable contract terms, reduce incentives to expand capacity, and further entrench control over critical infrastructure".When it first announced the acquisition in July of last year, Keyera said the purchase would add natural-gas liquids fractionation and processing facilities, as well as 23-million barrel of oil storage, 1,500 miles of pipelines and terminal infrastructure in Western Canada and Ontario.In a statement, Keyera said it received a filing from the Competition Bureau shortly before markets opened on Tuesday It said the bureau's challenge does not prevent it from closing the acquisition. It expect to complete the purchase this month.."The Company disagrees with the Commissioner's assertions and characterization of the Transaction, and intends to respond to the application. As the Company has previously advised, the Transaction will strengthen competition across the basin and provide customers with improved access to key markets and greater flexibility in how their products are handled, transported and sold," it said.Keyera shares closed down $3.86 to $49.11 on the Toronto Stock Exchange.

$KEY.TO$PAA

Mining & Metals96d ago

Domestic Metals Closes $3.070Million Private Placement

Domestic Metals (DMCU.V) said Tuesday afternoon it closed a private placement of share units, raising $3.07 million.The company placed by issuing 10.97-million units priced at $0.28 each and made up of a share and a three-year warrant to buy a share for $0.40.Proceeds will be used for working capital and exploration, including development and drilling.The company's shares closed down $0.05 to $0.30 on the TSX Venture Exchange.

$DMCU.V

Mining & Metals96d ago

Earnings Flash (CURA.TO) Curaleaf Reports Q1 Revenue US$324.2M, vs. FactSet Est of $317.0M

$CURA.TO

Mining & Metals96d ago

Earnings Flash (LMN.V) Lumine Group Reports Q1 Revenue US$208.3M, vs. FactSet Est of $214.6M

$LMN.V

Mining & Metals96d ago

Curaleaf Q1 2026 Net Revenue of US$324M; Net Income of $70M

$CURA.TO$HMMJ.TO

Mining & Metals96d ago

PPX Mining Drops After Q1 Profit Rises Despite Peru Mine Disruptions

PPX Mining (PPX.V) on Tuesday released first-quarter operational results for its Callanquitas Mine operation at the Igor Project in Peru.The company said results were achieved despite "challenging operating conditions", including heavy rainfall in the region and transportation restrictions caused by elevated water levels in the Chicama River, which impacted bridge access to the site.In three months ended March 31, PPX said the Callanquitas operation generated revenue of C$23.5 million, with gross profit of C$16.7 million, representing a gross margin of approximately 71%.Net income for the quarter amounted to C$11.8 million."The first quarter results demonstrate that PPX has carried its strong 2025 operating momentum into 2026. These results provide PPX with a solid financial foundation and positions the Company to advance its strategic priorities, while delivering continued value to shareholders," chief executive Ernest Mast said.On the development front, PPX said it is preparing to initiate its 2026 exploration program with a dual focus on expanding its oxide resource base while also advancing the delineation of sulphide resources.Company's shares were last seen down C$0.04 to C$0.20 on TSX Venture Exchange.Price: $0.20, Change: $-0.04, Percent Change: -16.67%

$PPX.V

Mining & Metals97d ago

Sonoro Gold Starts 50,000-Meter Drilling Program at Cerro Caliche

Sonoro Gold (SGO.V) on Tuesday said it will resume exploration drilling at its flagship Cerro Caliche gold project in Sonora State, Mexico, it said on Tuesday.Phase I of the progran will include 25,000 meters of drilling with about 207 drill holes and 6,000 soil samples and is expected to be completed by the fall of this year. Phase II will continue uninterrupted until the Spring, 2027, with 25,000 meters of drilling and about 220 drill holes and 3,000 soil samples.Access roads to the drill sites have been upgraded and drill pads are near completion, the company said. Drilling will start with CANMEX Perforaciones y Servicios SA de CV on May 11.The program will initially focus on infill drilling at several known gold mineralized zones, it added. The program will also undertake expansion drilling at certain mineralized corridors where occurrences suggest consistent geology and the potential expansion of mineralization.Shares of the company were last seen down $0.005 to $0.22 on the TSX Venture Exchange.Price: $0.22, Change: $-0.01, Percent Change: -2.22%

$SGO.V

Mining & Metals97d ago

Birchtech Appoints Michael Mioska as Chief Financial Officer

Birchtech (BCHT.TO, BCHT) on Tuesday said it appointed Michael Mioska as its Chief Financial Officer.Mioska is a Chartered Professional Accountant with over 20 years of accounting, audit and financial reporting experience in a variety of industries, in both the United States and Canada, the company added.Shares of the company were last seen down $0.03 to $2.18 on the Toronto Stock Exchange.Price: $2.18, Change: $-0.03, Percent Change: -1.36%

$BCHT.TO

Mining & Metals97d ago

Lithium Ionic Extends Date of Response to Waratah Requisition to May 20

Lithium Ionic (LTH.V) on Tuesday said it agreed with Waratah Capital Advisors to extend the deadline to decide on Waratah request to hold a special shareholder meeting to May 20 from April 13.Waratah requested, Lithium Ionic's board to call a special meeting of shareholders to remove Helio Diniz, David Gower and Lawrence Guy as directors of the company, and to vote on the election of directors to fill the vacancies created. Diniz, Gower and Guy resigned from the board on April 20.The company's board intends to engage with Waratah and with other shareholders in connection with filling open positions on the board, it said.Shares of the company were last seen up $0.02 to $1.03 on the TSX Venture Exchange.Price: $1.03, Change: $+0.01, Percent Change: +1.49%

$LTH.V

Mining & Metals97d ago

TSX Edges up 16 Points at Midday With Most Sectors Higher, Info Tech Falls

The Toronto Stock Exchange is up 15 points at midday with most sectors higher.The best performers are miners and healthcare, both up 2%, followed by energy, up 1.3%.Offsetting gains is info tech, which is down 3.9%. Shopify (SHOP.TO) which reported its first-quarter earnings this morning, is down 12.5% to $151.60, with 2.4 million shares being traded. The company's second-quarter profit outlook missed expectations as it projected operating expenses of between 35% and 36% of revenue.In other news, focus was on the release of Canadian trade data for March, which CIBC described as "surging and glittering". The bank noted a $1.8 billion goods trade surplus compared with a $5.1 billion deficit in the prior month and consensus expectations for a $2.5 billion shortfall. Total exports surged by 8.5%, driven almost exclusively by metals and energy. Excluding those two areas, exports were up by a much more modest 1.1%. Auto exports rebounded further from January's low (+4.5%) but remained roughly 20% down on a year-over-year basis. Adding in services trade, which was fairly balanced in March, Canada's total trade balance with the world moved from a deficit of $5.0 billion in February to a $1.7 billion surplus.CIBC said: "While a trade surplus in March was unexpected, it was mainly driven by price fluctuations rather than any signs that real economic activity was stronger than anticipated. Combined with signs last week that higher gasoline prices may already be having a negative impact on consumer spending, we continue to expect only modest GDP growth this year and little evidence that slack within the economy is being absorbed. That should see the Bank of Canada look through a near-term spike in headline inflation, keeping interest rates on hold this year."

S&P/TSX CompositeS&P/TSX Composite$SHOP.TO

Mining & Metals97d ago

CIBC Cuts First Quantum's Price Target to C$44 from C$46

CIBC Capital Markets maintained its neutral rating on the shares of First Quantum Minerals (FM.TO) while lowering its price target to C$44.00 from $46.00, reflecting the company's first-quarter results and 2026 outlook.Overall, CIBC's 2026 EBITDA estimate was cut to $2.57 billion from $3.48 billion, driven by additional costs, reduced gold production at the Guelb Moghrein mine in Mauritana, and slightly lower copper sales from the Cobre Panama mine.Largely offsetting this near-term impact was the increase to the company's net asset value per share estimate to $33.77 from $31.94, reflecting the decrease to the discount rate of Cobre Panama from 14% to 12% amid continued de-risking towards a potential restart with processing of broken ore inventory.CIBC increased the NAVPS multiple to 1.1x from 1.0x and the EV/EBITDA multiple to 10.0x from 9.0x, as it remains constructive on Cobre Panama moving towards a restart in the next 18 months..Price: $31.44, Change: $+0.40, Percent Change: +1.27%

$FM.TO

Mining & Metals97d ago

Sprott Declares Q1 Dividend of US$0.40 Per Share

Sprott (SII.TO, SII) declared a first-quarter dividend of US$0.40 pershare, payable on June 3 to shareholders of record at the close of business on May 19, it said Tuesday.The latest dividend is unchanged from the prior quarter.Price: $177.86, Change: $-0.14, Percent Change: -0.08%

$SII.TO

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Mining & Metals96d ago

TSX Closer: Index Down In All But 1 of the Last 8 Sessions; Morningstar Cites 10 Top-Performing Dividend Stocks

S&P/TSX CompositeS&P/TSX Composite$CXY$ARE.TO$CM.TO$ERO.TO$FEC.TO$IAG.TO$IGM.TO$KEY.TO$NA.TO$POW.TO$PXT.TO$SHOP.TO$SLF.TO$SPB.TO$TD.TO$X.TO