Financial News · Live Terminal

Page 66 of 213

Mining & Metals30d ago

Tamarack Valley Energy Announced Overnight Sale Of Charlie Lake Assets, Transition To Pure Play Clearwater Producer and 25% Dividend Increase

$TVE.TO

Mining & Metals30d ago

Earnings Flash (CERT) Cerrado Gold Reported Overnight Q1 Total Revs $53.0M Vs $28.82M a Year Ago; Swung To Net Profit $12.9M

$CERT

Mining & Metals30d ago

Earnings Flash (CIA.TO) Champion Iron Reported Overnight Q4 Production of 3.4M wmt, Sales of 3.5M dmt, Revs $415M and EBITDA $114M

$CIA.TO

Mining & Metals30d ago

EQB Reports Q2 Adjusted Earnings Miss as Revenue Falls; Raises Dividend, Advances PC Financial Acquisition

EQB (EQB.TO), which is in the process of acquiring PC Financial from Loblaw (L.TO), on Wednesday after market close reported a 17% year-over-year drop in its fiscal second-quarter adjusted earnings, as lower revenue weighed on results and earnings missed analysts' estimates.Adjusted net income, excluding most one-time items, dropped to C$78.31 million, or $2.03 per share, from $94.21 million, or $2.31. Analysts polled by FactSet had expected $2.07 per share.Quarterly revenue contracted to $302.36 million, from $315.95 million, just below the $304.4 million forecast.The company also declared a dividend of $0.61 per common share payable on June 30, 2026, to shareholders of record as of June 15, 2026, representing 3% and 15% increases from the dividends paid in March 2026 and June 2025, respectively."The second quarter reflected solid performance during a persistently uncertain economic environment and our team performed well against this backdrop, continuing to demonstrate operating discipline, renewed focus, and financial resilience," said CEO Chadwick Westlake."As we look ahead to the second half of the year, our business will meaningfully shift with the anticipated July 1 close of our PC Financial transaction - positioning us to serve millions of Canadians as a challenger at scale. Through a new loyalty-linked banking ecosystem, we will provide Canadians with better value, better products, more rewards and new channels, putting real choice and control back into their hands and giving every Canadian the opportunity to get ahead, every day," added Westlake.EQB said it secured final approval for the acquisition of PC Financial from the Minister of Finance and National Revenue on May 5. Through the acquisition, the company aims to expand its customer base to 3.3 million Canadians, add approximately $5.8 billion in assets and $800 million in direct retail deposits.EQB's provision for credit losses were up 16% quarter-over-quarter, "reflecting higher performing and impaired provisions", the company said.The company said it purchased and cancelled 1,226,734 shares through its active Normal Course Issuer Bid, supporting a return of capital for shareholders.EQB shares closed down $3.23 to $114.09 on the Toronto Stock Exchange.

$EQB.TO

Mining & Metals30d ago

Flow Capital Names Matthew Gan Chief Financial Officer; Set to Move Listing From TSX Venture to CSE

Flow Capital (FW.V) after trade Wednesday said it appointed Matthew Gan as chief financial officer effective June 1, replacing Michael Denny, who is retiring after serving in the role since September 2023.Gan has over 13 years of experience across finance, investments, capital markets, and operating leadership, and he most recently served as managing director of credit and due diligence at the company, according to the statement."On behalf of the board and the entire Flow Capital team, I want to thank Michael for his meaningful contributions to the company. During his tenure, Michael played an important role in strengthening our finance function and helping guide the Company through significant operational enhancements," Chief Executive Alex Baluta said.The company also said its shares are expected to begin trading on the Canadian Securities Exchange on June 1. In connection with the move, Flow Capital plans to voluntarily delist from the TSX Venture Exchange effective May 29. "The company's trading symbol 'FW' will remain unchanged, and shareholders will not be required to take any action in connection with the CSE listing," it added.

$FW.CN$FW.V

Mining & Metals30d ago

Volatus Aerospace Raising $30 Million in a Bought-Deal Share Offering

Volatus Aerospace (FLT.TO) on Wednesday said it is raising $30 million in a bought-deal share offering.The company is selling underwriters 46.2-million shares priced at $$0.65 each. The underwriters also have an over-allotment option to acquire 15% more of the company's shares, should demand warrant."Volatus expects the net proceeds of the Offering will be used to advance the Company's long-term strategy, including: (1) investing in expanded facilities and manufacturing capacity to fulfill increased demand internationally; (2) product development of further enhanced capabilities for remotely piloted aircraft systems for the defence industry; (3) enhancing the ability to consider larger acquisitions of complementary technologies and businesses; (4) increasing the Company's attractiveness as a stable and reliable long-term supplier and strengthening the Company's balance sheet to demonstrate additional working capital when bidding for larger governmental and commercial contracts; and (5) for general corporate purposes," the company said.Volatus shares closed down $0.01 to $0.72 on the Toronto Stock Exchange.

$FLT.TO

Mining & Metals30d ago

Cameco Adds Its 2026 Consolidated Production Outlook Remains Unchanged

$CCO.TO

Mining & Metals30d ago

Cameco Says McArthur River/Key Lake Operation Returned to Full Production Activities Following a Disruption Caused By Flooding in Northern Saskatchewan

$CCO.TO

Mining & Metals30d ago

Cameco Announcing McArthur River/Key Lake Operation Resumes Production

$CCO.TO

Mining & Metals30d ago

Volatus Aerospace Announcing $30M Bought Deal Public Offering Of Common Shares

$FLT.TO

Mining & Metals30d ago

Earnings Flash (EQB.TO) EQB Inc. Announcing Expected July 1, 2026 Closing of PC Financial

$EQB.TO

Mining & Metals30d ago

EQB Inc Q2 Revenue $302.4M

$EQB.TO

Mining & Metals30d ago

EQB Inc Q2 Adjusted diluted EPS $2.03

$EQB.TO

Mining & Metals30d ago

Earnings Flash (NICU.V) Magna Mining Reports Q1 Net Revenue From Mining Ops C$25.9M; Adjusted Net Loss $6.427M

$NICU.V

Mining & Metals30d ago

Labor Violations, Criminal Allegations at Mexico Mine Owned By Canada's Orla Mining, says USW union

An investigative panel appointed under the terms of the Canada-United States-Mexico Agreement (CUSMA) found severe violations of human and labor rights occurred at Orla Mining's (OLA.TO) Camino Rojo mine in Zacatecas, Mexico, the United Steelworkers (USW) union said Wednesday.The panel, appointed under terms of CUSMA's Rapid Response Mechanism (RRM), released its findings after investigating a complaint made to the U.S. government by Mexico's Los Mineros union, which was supported by the United Steelworkers union (USW), the USW added.According to the USW, the U.S. panel found that workers at the Camino Rojo mine, owned by Orla Mining, which is being acquired by Equinox Gold (EQX.TO), were pressured to disaffiliate from Los Mineros and join a pro-employer union. The panel also found that a contractor hired by Orla created "a climate of fear among the workers at the mine", it noted.In light of the CUSMA panel's finding, the USW's Canadian National Office is urging the Attorney General of Canada to consider criminal charges against Orla Mining.USW noted Orla Mining issued a statement on May 4, regarding its compliance with the CUSMA panel's findings. This included a statement of neutrality on unionization, training managers and workers on freedom of association, and recognition of the rights of the Mineros union at the mine, it said."While these statements are important, what is missing is reparation for the victims of organized crime and the company's complicity, especially the Mineros union members who were forced into hiding, and who continue to receive threats," the USW said. "Orla Mining and the Mexican government must guarantee the workers' ability to safely return to their jobs and homes by eliminating the presence of organized crime from the mine and the adjacent community," it added.The USW is also urging Employment and Social Development Canada (ESDC)ESDC to move the complaint to the next stage, an international panel.The USW represents 225,000 members in nearly every economic sector across Canada and is the largest private-sector union in North America, with 850,000 members in Canada, the United States and the Caribbean.

$EQX.TO$OLA.TO

Mining & Metals30d ago

Earnings Flash (MENE.V) Mene Reports Q1 IFRS Revenue C$6.3M, Down 14% YoY; Net Income $1.2M

$MENE.V

Mining & Metals30d ago

TeraGo Deploys Ericsson Private 5G Network at McMaster Manufacturing Research Institute

TeraGo (TGO.TO) after trade Wednesday said it successfully deployed an Ericsson Private 5G network at the McMaster Manufacturing Research Institute (MMRI) in Canada.The deployment expands TeraGo's partnership with Ericsson and supports the rollout of enterprise 5G infrastructure across Canada, the company added.The private network provides secure, high-speed, low-latency connectivity for applications such as artificial intelligence-powered automation, robotics, real-time data processing, and smart manufacturing operations, the company said."This deployment at MMRI creates a real-world environment where businesses can experience the full potential of Private 5G, moving from concept to application with confidence. Together with Ericsson, we are enabling innovation at scale," Chief Executive Daniel Vucinic said.TeraGo and Ericsson will host an Ericsson Private 5G launch event at MMRI on June 2 to mark the deployment.

$TGO.TO

Mining & Metals30d ago

Organto Foods Announces Appointment of Darryl Bergman as President

Organto Foods (OGO.V) said Wednesday it appointed Darryl Bergman as president, effective June 1.Bergman will report to chief executive Steve Bromley and will work with the leadership team to drive core business activities, expansion plans and strategic growth initiatives, the company said.Bergman joins Organto with more than 25 years of executive-level operating and financial experience. He most recently served as executive vice president and chief financial officer of High Liner Foods (HLF.TO).He has also held leadership roles at Clearwater Foods and Sofina Foods, and previously served as CFO at Exchange Income and Northland Power.The company also recently announced a number of changes to its leadership team including the appointment of Alexander Widmann as senior vice president, COO Europe Operations, responsible for the operations of the European fresh operating platform and shared services platform; Gian Ferreiras as senior vice president, business development; and Ana Cris de la Campa Ahedo as director, digital technology and business controlling.Effective June 1, 2026, John Rathwell, currently senior vice president, corporate development, will transition to a strategic advisor role focused on providing strategic markets advice and continuity to the company.

$HLF.TO$OGO.V

Mining & Metals30d ago

OverActive Media Reports a Narrower Loss and Higher Revenue for First Quarter

OverActive Media (OAM.V) after trade Wednesday said it first-quarter loss narrowed on higher revenue, "reflecting a higher-margin commercial mix and a leaner cost base".The company lost $2.5 million in the quarter ended March 31, compared with a loss of $3.7 million a year ago. OverActive Media said the decrease was driven by better gross profit, lower operating costs, and share-based compensation, partially offset by higher finance costs and other expenses.Revenue rose to $5.4 million from $5 million in the year-ago quarter. The 7% year-over-year growth was led by stronger business operations, including higher sponsorship, partnership, agency services, content production, and live event activity. This offset weaker team operations revenue, which reflected the timing of revenue recognition and the company's exit from the VALORANT Champions Tour league."This was a strong start to the year," Chief Executive Adam Adamou said, adding "our higher-margin commercial business is carrying more of the company, our cost base is leaner, and the gap to profitability is closing. We are executing the plan we set out, and the numbers are showing it."The company's shares closed unchanged at $0.195 on the TSX Venture Exchange.

$OAM.V

Mining & Metals30d ago

Coveo Reports Wider Q4 Loss, Revenue Miss

Coveo Solutions (CVO.TO) after trade on Wednesday said its fiscal fourth-quarter loss widened while its revenue rose year-over-year but missed analysts' expectations..The artificial-intelligence company said it lost US$2.3 million, or US$0.02 per share,in the quarter ended March 31, compared with a loss of US$6.3 million, or US$0.07 per share, a year ago. FactSet expected earnings of nil per share.Revenue rose 9% year-over-year to US$37.4 million from US$34.4 million in the year-ago quarter. FactSet estimated US$37.5 million."We closed the year with the strongest fourth quarter new business performance in our history, including another landmark enterprise win representing the largest new customer deal in our history for the second consecutive quarter. The momentum we continue to see across our Generative AI and Commerce offerings reinforces the increasingly strategic role our platform plays for large global enterprises," chief executive Laurent Simoneau said.The company said SaaS subscription revenue stood at US$35.9 million, an increase of 10% compared to $32.6 million in the prior period.For the fiscal 2027 first-quarter, SaaS subscription revenue is forecast at US$37.1 million to US$37.6 million, with total revenue of US$38.2 million to US$38.7 million. While for full 2027 financial year, SaaS subscription revenue is forecast at US$154.0 million to US$158.0 million, with total revenue of US$160.0 million to US$164.0 million.The company's shares closed down C$0.20 to C$4.66 on the Toronto Stock Exchange.

$CVO.TO

Showing 1301-1320 of 4244

Mining & Metals30d ago

EQB Reports Q2 Adjusted Earnings Miss as Revenue Falls; Raises Dividend, Advances PC Financial Acquisition

$EQB.TO