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Mullen Group Declares Unchanged Monthly Dividend Of $0.07/Share

Mullen Group (MTL.TO) said Monday its board declared a monthly dividend of $0.07 per share for April, unchanged from March.The dividend is payable on May 15 to shareholders of record at the close of business on April 30, the company said.Price: $18.26, Change: $+0.06, Percent Change: +0.33%

$MTL.TO

Mining & Metals154d ago

D2L Up 15% After Confirming Unsolicited, Non-Binding Proposal To Take It Private

D2L Inc. (DTOL.TO), a global learning technology company, was at last look up near 15% after it responded Tuesday, at the request of the Canadian Investment Regulatory Organization (CIRO), to a media report related to the receipt of an unsolicited proposal to buy it.In a statement DTOL said: "While it is the company's policy not to comment on market speculation or rumors, D2L confirms that it received an unsolicited, non-binding proposal from a third party regarding a take-private transaction. The proposal was not initiated or solicited by the company and the company is not in discussions or negotiations with any party regarding a transaction of the nature described in the media report."Price: $10.10, Change: $+1.29, Percent Change: +14.64%

$DTOL.TO

Mining & Metals154d ago

Excalibur Metals Starts Maiden Drilling Program at Spyglass Ridge

Excalibur Metals (EXCL.V) on Tuesday said the Phase 1 reverse-circulation drilling program at the Spyglass Ridge gold-silver target is now underway at its Bellehelen project in Nye County, Nevada, with the company adding this represents "just the first of several high-priority zones" that it can develop into a major discovery.The company said a drill contractor has mobilized to the site, and drilling has begun on the first of eight planned RC drill holes. It added the initial 3,000-meter program is designed to "test high-priority gold and silver mineralization at depth, following up on surface sampling, alteration mapping and recent CSAMT geophysical survey that identified well-defined mineralized structures and coincident alteration consistent with a robust gold-silver epithermal system"."Getting the rig turning at Spyglass is a major milestone for Excalibur," said CEO John Gilbert. "This has been the focus since the company's qualifying transaction was completed last Fall. Many months of preparation followed to finalize our drill targets on the technical side. For some of us, it's been years in the making, and we're taking the project to the next stage. It's very exciting as Spyglass represents just the first of several high-priority zones at Bellehelen that we believe can develop into a major discovery."Shares of the company were last seen down 2% at $0.24 on the TSX Venture Exchange.Price: $0.24, Change: $-0.01, Percent Change: -2.04%

$EXCL.V

Mining & Metals154d ago

Carrier Connect Data Solutions Signs Non-Binding LOI to Buy Rochester Data Center Assets from Rochester Colo

Carrier Connect Data Solutions (CCDS.V) on Tuesday said it entered into a non-binding letter of intent (LOI) with Rochester Colo LLC to buy the principal operating assets of Rochester Colo's data center business in Rochester, New York. No financial details were given.The company said the proposed acquisition is expected to provide an immediate operating foothold in the U.S. market and expand its ability to serve customers requiring secure, scalable and regionally resilient infrastructure. Carrier believes the deal would create a "strong foundation for future growth in the northeastern United States".The parties agreed to negotiate and execute a definitive purchase agreement for the proposed acquisition. Carrier said the consideration is expected to include a combination of cash and shares, with the share component subject to staged escrow release following closing.It said the parties, who are at arm's length, are working toward execution of a definitive agreement on or before June 15, with closing expected shortly thereafter, subject to certain terms.Shares of the company were last seen down $0.01 to $1.20 on the TSX Venture Exchange.Price: $1.20, Change: $-0.01, Percent Change: -0.83%

$CCDS.V

Mining & Metals154d ago

Stifel Canada Keeps Buy Rating, $9.00 Price Target on Superior Plus After Certarus Deal

Superior Plus (SPB.TO) said this week its Certarus subsidiary secured a 2.5-year natural-gas supply agreement to support a major data center project in the United States. The project requires ~135 megawatts of prime power generation and brings associated revenues of US$300 million over the contract term, notes Stifel Canada.Analyst Daryl Young, who is maintaining a buy rating and $9.00 price target on Superior Plus shares, says the contract represents a significant expansion of the data center vertical, following the 50 MW bridge contract Certarus secured in late 2025."We see this as a significant positive update as it exemplifies the optionality that exists in the Certarus platform, and provides strong revenue visibility."Price: $7.38, Change: $+0.24, Percent Change: +3.29%

$SPB.TO

Mining & Metals154d ago

Superior Plus Upgraded to Outperformer at CIBC as Data Center Opportunity Lifts Certarus Outlook

CIBC Capital Markets upgraded its rating on the shares of Superior Plus (SPB.TO) to outperformer from neutral, while maintaining an $8.00 price target.Analyst Robert Catellier views Superior Plus's decision to accelerate investment in data center opportunities at its Certarus subsidiary as offering attractive diversification at a time when core wellsite activity has softened.On Monday, Superior Plus announced multiple new contracts tied to hyperscale data center development, including a 2.5-year agreement supporting a project alongside a "global power generation partner". Certarus will supply natural gas to support ~135 MW of power generation once the facility enters service in mid-2027, with expected lifetime revenue of ~US$300 million.While the customer has not been identified, Catellier's best guess is it is private equity-owned Aggreko as its public-facing disclosures name Certarus as its CNG partner. The project will require 200 CNG transport trailers."While details on contract scope and capital requirements remain limited, we believe the opportunity has the potential to drive a meaningful uplift to medium-term growth," Catellier writes.Price: $7.31, Change: $+0.17, Percent Change: +2.38%

$SPB.TO

Mining & Metals154d ago

Condor Energies Raises $29.9 Million in a Bought-Deal Share Offering

Condor Energies (CDR.TO) on Tuesday closed a bought-deal share offering that raised $29.9 million, including the full exercise of the underwriters' over-allotment option .The company did not disclose how many of the shares priced at $2.60 it sold underwriters.Proceeds of the offering are expected to be used to continue development of its natural gas fields in Uzbekistan, including enhancing field compression, and general corporate needs.Shares of the company were last seen up $0.08 to $2.86 on the Toronto Stock Exchange.Price: $2.86, Change: $+0.08, Percent Change: +2.88%

$CDR.TO

Mining & Metals154d ago

Stifel Canada Maintains Buy Rating, $114.00 Price Target, on AtkinsRealis Group

Stifel Canada is maintaining its buy rating and $114.00 price target on the shares of AtkinsRealis Group (ATRL.TO) even as the Globe & Mail reports that the Canadian Nuclear Safety Commission (CNSC) assessed the Monark nuclear power reactor's capacity at 850 MW, substantially lower than the previously expected 1,000+ MW.Stifel analyst Ian Gillies notes that the CNSC assessment is preliminary. AtkinsRealis yesterday issued a statement disputing the assessment, and stating that the submission was for 925 MW, which could be expanded to 1,000 MW upon owners' request.AtkinsRealis says the decision for 925 MW (with the option to expand to 1,000 MW) is intentional and indicates that it reflects a commitment to avoid first-of-a-kind (FOAK) risk; replicates a successful operating design; and facilitates cost and schedule discipline for owners and ratepayers.Price: $90.75, Change: $-1.93, Percent Change: -2.08%

$ATRL.TO

Mining & Metals154d ago

Volt Carbon Receives Third U.S. Patent Allowance For Its Graphite Dry Separation Technology

Volt Carbon Technologies (VCT.V) on Tuesday said it received a notice of allowance from the United States Patent and Trademark Office for U.S. Patent Application No. 18/823845.This is the third patent allowance arising from the company's original filing. Volt said it continues to establish a defensible foundation for its dry graphite separation platform as it advances toward commercial deployment."Volt Carbon's dry separation process preserves the crystalline structure of graphite at the source," the company said. "This is a critical distinction, as conventional wet processing can damage the crystalline structure, lowering yield and increasing downstream processing requirements."The company said by maintaining crystallinity, its process enables "more efficient" conversion into battery materials, expandable graphite, and graphene, while supporting reduced processing intensity and environmental impact. The water free and chemical free nature of the process also reduces material handling and processing time within the facility, supporting improved throughput, and operational efficiency, it added.The patent is expected to issue following completion of customary administrative procedures and payment of final fees.Shares of the company were last seen up $0.005 to $0.03 on the TSX Venture Exchange.

$VCT.V

Mining & Metals154d ago

TSX Down 335 Points at Midday With Miners The Worst Performer

The Toronto Stock Exchange is down 335 points at midday with most sectors in the red.Energy is the sole gainer, up 1.1%. Miners, down 3.0%, is the worst performer.In domestic news, Prime Minister Mark Carney unveiled a new Canada-U.S. advisory council ahead of the CUSMA review process this summer.The council is made up of some members from the previous council while adding former Conservative leader Erin O'Toole, former Conservative cabinet minister Lisa Raitt, and former Canadian High Commissioner to the United Kingdom Ralph Goodale.The committee will hold its first meeting on April 27 a statement from the prime minister's office said.In stocks, Goodfood Market (FOOD.TO), which reported a wider second-quarter loss this morning, is down 21% to $0.17 per share.

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

Mining & Metals154d ago

Fokus Mining Completes Acquisition of Dufay Property

Fokus Mining (FKM.V)on Tuesday said it completed the acquisition of the Dufay Property in northern Quebec.The company made a deferred cash payment of nearly $816,000 to the vendors.Fokus also paid $684,000 in cash for the termination of an option agreement in November 2024 with Olympio for the same property.Both cash payments were made in lieu of shares.Fokus Mining shares last traded on Monday, closing at $0.255 on the TSX Venture Exchange.

$FKM.V

Mining & Metals154d ago

BMO Reiterates PrairieSky Royalty's Outperform Rating, C$36 Price Target

BMO Capital Markets on Tuesday maintained its outperform rating on the shares of PrairieSky Royalty (PSK.TO) and its C$36.00 price target following the company's first-quarter results.BMO said PrairieSky continues to solidify its position as a leading exploration and production royalty business, supported by its high-margin asset base, robust profitability, and strong balance sheet.According to BMO, the first quarter was another solid quarter for PrairieSky, highlighted by steady multi-lateral drilling activity and increased year-over-year development at Duvernay."As oil prices look to stay elevated, PrairieSky is well positioned to be the net beneficiary of increased operator activity, especially as waterflood and other technology is deployed in the field," BMO said.Price: $31.49, Change: $+0.38, Percent Change: +1.22%

$PSK.TO

Mining & Metals154d ago

CIBC Previews Definity Financial's Q1, Says Travelers Acquisition Will Have "Significant" Impact

Definity Financial's acquisition of Travelers Canada closed at the beginning of the quarter and CIBC Capital Markets expects it will have a significant impact on the results.Definity closed the Travelers Canada acquisition on Jan. 2. Premiums will jump by 35% and the acquisition is expected to be dilutive to margins in the short-term. First quarter results will provide the first look at the financial impact of the acquisition, excluding cost synergies, analyst Paul Holden writes.Holden, who is maintaining a neutral rating and $74.00 price target on the stock, expects Definity to report solid results. His first quarter operating earnings estimate of $0.88 is unchanged and compares with consensus of $0.87.Success for Definity in 2026 will largely be tied to the Travelers integration, he adds.Price: $66.93, Change: $-1.07, Percent Change: -1.57%

$DFY.TO

Mining & Metals154d ago

LibertyStream Completes Texas Incorporation and Advances U.S. Listing Pathway

LibertyStream Infrastructure Partners (LIB.V) on Tuesday said its incorporation in the State of Texas became effective April 17, completing its re-domiciliation to the United States.The company said the milestone aligns with its corporate domicile with its Dallas executive presence, West Texas operating footprint and U.S. capital markets pathway. The milestone follows shareholder approval of the re-domiciliation at its March 31, special meeting and builds on LibertyStream's continued progress advancing its U.S. operating plan, it added.Shares of the company were last seen up $0.01 to $0.93 on the TSX Venture Exchange.Price: $0.91, Change: $-0.01, Percent Change: -1.09%

$LIB.V

Mining & Metals154d ago

BMO Retains Keyera's Outperform Rating, C$55.00 Price Target

BMO Capital Markets on Tuesday maintained it outperform rating on the shares of Keyera (KEY.TO) and its C$55.00 price target.While Keyera's shares have outperformed peers so far this year, the stock has come under pressure over last month likely due to uncertainty regarding its Plains NGL deal and lower commodity prices, BMO said.BMO said it retained the rating and price target assuming the deal closes. It noted that subscription receipt holders receive $39.15 if the deal does not close, with more upside potential than common if it does.Price: $49.77, Change: $-0.01, Percent Change: -0.02%

$KEY.TO

Mining & Metals154d ago

Labrador Iron Ore Reports IOC's Q1 Production, Sales

Labrador Iron Ore Royalty (LIF.TO), down 1.8% on last look, said Tuesday the Iron Ore Company of Canada (IOC), majority-owned by Rio Tinto (RIO), had total saleable iron-ore production of 3.44-million tonnes in the first quarter, made up of 1.72-million tonnes of pellets and 1.72-million tonnes of concentrate for sale (CFS).Labrador Iron Ore, which has a 15.1% equity stake in IOC, notes it reported total iron ore sales in the first quarter of 3.29 million tonnes, comprised of 2.14 million tonnes of pellets and 1.15 million tonnes of CFS.IOC's 2026 sales guidance (pellets and CFS) of between 15 million tonnes to 18 million tonnes was maintained.Labrador Iron Ore will release its first quarter results after the market close on May 4.Labrador Iron Ore shares were last seen down $0.51, to $28.20, on the Toronto Stock Exchange.Price: $28.20, Change: $-0.51, Percent Change: -1.78%

$LIF.TO$RIO

Mining & Metals154d ago

RBC Boosts Restaurant Brands International's Price Target to US$90 from US$83

RBC Capital Markets on Monday raised Restaurant Brands International's (QSR.TO) price target to US$90 from $83 with an outperform rating.RBC said QSR's positive momentum continued through the first quarter, where Burger King and international segments have been the standouts recently.According to RBC, Burger King US has further room for improvement due to ongoing renovations, menu innovation, and more impactful marketing targeted towards key demos.RBC said international strength has been broad-based across key Burger King markets, where consensus expectations appear relatively conservative.Meanwhile, Tim Hortons could start to be impacted by slower Canadian population growth and despite its recent outperformance, the stock has further room for upside, RBC said.Restaurant Brands traded at $78.92 per share at last look Tuesday on the New York Stock Exchange.Price: $107.52, Change: $-0.21, Percent Change: -0.19%

$QSR.TO

Mining & Metals154d ago

Rocket Doctor AI Expands Maryland Access by 250,000 Additional Members Through New Partnership

Rocket Doctor AI (AIDR.CN) said Tuesday that doctors using its digital health platform and marketplace are now "in-network" with a major health insurer in Maryland.The partnership expands access to care for 250,000 additional members across both the Commercial and Medicare Advantage lines of business, bringing total coverage across the state to 3.2 million covered lives, a statement said.The agreement is on a recurring 12-month basis, starting April 27, with a 90-day mutual termination clause.Rocket Doctor noted that the partnership coincides with Maryland's transition to the AHEAD (Advancing All-Payer Health Equity Approaches and Development) model in 2026, which emphasizes expanded primary care, multi-payer alignment, and the enhanced management of chronic conditions.Rocket Doctor AI shares were last seen down $0.01, to $0.68, on the Canadian Securities Exchange.Price: $0.68, Change: $-0.01, Percent Change: -1.45%

$AIDR.CN

Mining & Metals154d ago

Chemtrade Logistics Income Fund Declares April 2026 Distribution

Chemtrade Logistics Income Fund (CHE-UN.TO) on Tuesday said it declared a cash distribution of $0.06 per unit for the month of April 2026, unchanged from the prior month.It is payable on May 29, 2026 to unit-holders of record at the close of business on April 30, 2026.Price: $15.49, Change: $+0.36, Percent Change: +2.38%

$CHE-UN.TO

Mining & Metals154d ago

Eagle Plains Resources Closes Saskatchewan Property Sale

Eagle Plains Resources (EPL.V) on Tuesday said it received conditional approval from the TSX Venture Exchange to close the purchase and sale agreement with Trident Resources (ROCK.V) on seven individual non-core claim blocks in Saskatchewan totalling 4,711 hectare, a non-arm's-length deal.The company said the projects are located in the La Ronge Gold Belt and are contiguous with Trident's extensive land holdings in the area. Under the terms, Trident will buy a 100% interest in the properties for a cash consideration of $5,000 with EPL retaining a 2% net smelter royalty on all of claims, one half of which may be purchased by Trident for $1 million.Shares of Eagle Plains Resources were last seen up 2.3% at $0.22 on the TSX Venture Exchange.Price: $0.22, Change: $+0.01, Percent Change: +2.33%

$EPL.V$ROCK.V

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