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Gildan Record Q1 Net Sales From Continuing Operations of US$1.17 billion up 63.8% YoY; Maintains its Full Year 2026 Guidance

AltaGas' Q1 Normalized Net Income Rises YoY, On Track to Hit Top End of 2026 Guidance

AltaGas (ALA.TO) Thursday reported higher normalized net income in the first quarter and said it is on track to deliver 2026 results at the top end of its guidance.Normalized net income was C$415 million, or $1.33 per share, up from $342 million, or $1.14 per share. The result beat the non-GAAP earnings per share consensus estimate of $1.24 for the first quarter, as compiled by FactSet.Revenue held steady year over year at $3.97 billion. The result missed the sales consensus estimate of $4.13 billion, as compiled by FactSet.Normalized EBITDA was $818 million, up from $689 million.The growth in normalized EBITDA was attributed to higher global export volumes and margins, stronger processing and liquids handling margins, new utilities rates in D.C. and Virginia, strong asset optimization, and partial settlement of a pension liability.AltaGas expects to deliver 2026 results toward the top end of guidance for both normalized EBITDA and normalized EPS, with upside potential from continued LPG market strength.The company reiterated 2026 normalized EBITDA guidance of $1.925 billion to $2.025 billion; and normalized EPS guidance of $2.20 to $2.45.The company increased its 2026 capital program to $1.7 billion.

$ALA.TO

Mining & Metals146d ago

Emera Says Karen Hutt will Become CEO of Emera Energy upon Steele's Retirement

$EMA.TO

Mining & Metals146d ago

Emera Announcing Judy Steele, President and Chief Operating Officer of Emera Energy, Will Retire Effective June 30

$EMA.TO

Mining & Metals146d ago

NGEx Adds It Discovered New Zone 300m East of Mars with 23m at 4.72% CuEq

$NGEX.TO

Mining & Metals146d ago

NGEx Says Drilled 34m at 7.25% CuEq plus 48m at 7.72% CuEq, 180m Apart in Mars

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Mining & Metals146d ago

Champion Iron's Fiscal Q4 Iron Ore Concentrate Production Increases YoY

Champion Iron (CIA.TO) reported an increase in iron ore concentrate production for the fiscal fourth quarter of 2026, according to a report released late on Tuesday.The company produced 3.4 million wet metric tonnes of iron ore concentrate, up from 3.2 million wmt.The increase in production was attributed to higher mill productivity and Fe recovery, partially offset by lower head grade.Sales for the quarter amounted to 3.5 million dry metric tonnes, nearly flat year over year.Iron ore concentrate sales volumes exceeded production for the fifth consecutive quarter, as the company continued to destock iron ore concentrate inventories.Cost of sales were C$286 million with a C1 cash cost of $82.7/dmt, compared to $279.6 million with a C1 cash cost of $80.0/dmt in the year-ago period.

$CIA.TO

Mining & Metals146d ago

Arizona Metals Announcing Results of Preliminary Economic Assessment for the Kay Mine Project

$AMC.TO

Mining & Metals146d ago

Bombardier Announcing Notice of Redemption for All Outstanding 7.35% Debentures due 2026

$BBD-B.TO

Mining & Metals146d ago

AltaGAs Q1 Normalized EPS $1.33 Compared to $1.15 in Q1 2025

$ALA.TO

Mining & Metals146d ago

S&P Futures Flat To Slightly Higher In Last Trading Day of April

S&P/TSX CompositeS&P/TSX Composite

Mining & Metals146d ago

Earnings Flash (AP-UN.TO) Allied Properties REIT Said Disposition Program and Deleveraging "On Track"; New Leasing Pipeline Up 36%

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Mining & Metals146d ago

Earnings Flash (AP-UN.TO) Allied Properties REIT Reported Q1 Rental Revs of $144M and Operating Income of $70M, In Line With Its Expectations

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Mining & Metals146d ago

Earnings Flash (PD.TO) Precision Drilling Reported Q1 Revs $526.1M, Up 6%; Net Earnings Attributable to Holders $17M

$PD.TO

Mining & Metals147d ago

Centerra Gold Posts Higher Revenue, Adjusted Profit for Fist Quarter; Issues 2026 Production Outlook

Centerra Gold (CG.TO, CGAU) after trade Wednesday reported higher revenue and adjusted profit for the first quarter.The company said its adjusted profit, excluding most one-time items, rose to US$88.2 million, or US$0.44 per share, in the period, up from US$26.4 million, or US$0.13 per share, a year ago. FactSet expected US$0.43 per share.Revenue rose 62% to US$484.7 million from US$299.5 million a year prior. FactSet projected US$373.5 million.Total gold production was 68,001 ounces and copper production was 14.2-million pounds. Gold sales for the quarter were 72,935 ounces at an average price of US$4,172 per ounce, while copper sales were 14.9-million pounds at US$4.48 per pound. These prices include the impact of the Mount Milligan streaming agreement with Royal Gold, the company said."Our financial position strengthened this quarter, with our cash balance increasing to $543 million. This was achieved while we continued to invest in our internal growth pipeline, built working capital at Langeloth, and returned $33 million to shareholders through share buybacks and dividends in the quarter," Chief Executive Paul Tomory said.For 2026, the company expects total gold production of 250,000 to 280,000 ounces and total copper production is projected at 50-million to 60-million pounds.Centerra shares closed down C$0.75 to C$23.90 on the Toronto Stock Exchange.

$CG.TO$CGAU

Mining & Metals147d ago

Methanex Q1 Adjusted Profit Falls 74%, Misses Estimates Despite Higher Revenue

Methanex (MX.TO, MEOH) edged down 0.5% in after-hour Nasdaq trade Wednesday as it reported a 74% year-over-year drop in adjusted net income despite higher revenue, with results missing analysts' estimates.The methanol producer posted adjusted net income, excluding most one-time items, of US$23 million, or US$0.30 per share, down from US$88 million, or US$1.30, a year earlier. The result fell short of FactSet's consensus analyst estimate of US$0.40 per share.Revenue for the quarter ended March 31 rose 8.7% year over year to US$974 million from US$896 million, but US986.6 million missed FactSet analysts' estimate.Adjusted EBITDA was US$220 million, compared with US$186 million in the fourth quarter of 2025.In its outlook, the company reiterated its expectations for 2026 production to be 9.- million tonnes (Methanex interest) of methanol and 0.3 million tonnes of ammonia."Based on our April and May posted prices, we expect that our average realized price range will be approximately (US)$500 to (US)$525 per tonne for these two months. Based on a higher realized price and similar sales of produced methanol, we are expecting significantly higher Adjusted EBITDA in the second quarter," Methanex said."This quarter saw the continuation of safe and reliable operations across our portfolio, including at the recently acquired assets in Beaumont, Texas. The conflict in the Middle East has meaningfully impacted global petrochemical supply chains, including methanol, and this has resulted in a rapid and significant increase in global methanol pricing into the second quarter," chief executive Rich Sumner said."We believe our global asset portfolio will allow us to continue providing unmatched reliability of supply to our customers and we remain focused on delivering on our integration plan, cost-effectively operating our assets and supply chain and continuing our de-leveraging efforts while we navigate an evolving and uncertain macro environment," added Sumner.The company said in the first quarter of 2026, it paid a quarterly dividend of $0.185 per common share for a total of $14 million and repaid $60 million of the outstanding Term Loan A.The company's shares were last seen down US$0.31 to US$63.00 after-hours after closing up C$3.95 at C$86.65 on Toronto Stock Exchange.

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Mining & Metals147d ago