Traders Couldn't Get Enough Of This Junior Miner
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8M ago
A dually-listed junior miner based out of Toronto stole the show on Tuesday after the company announced a potentially game-changing discovery at its new Fazenda do Posto discover in southern Brazil. Shares of Lavras Gold Corp. (TSXV:LGC) (OTCQB:LGCFF) went soaring on the discovery, with shares on the Canadian side closing up at $0.83/share (+107.50%) and those on the U.S. side closing up at $0.5701/share (+120.12%). It will be interesting to see how things progress come Wednesday’s session! Lavras Gold Corp is a junior exploration company engaged in the exploration and development of the Lavra ..read more
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Junior Miner Finds Mid-week Success Following Drilling Preparation Announcement
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8M ago
An Ontario-based minerals company captured the attention of traders on Wednesday after the company provided an update on its  exploration at the Root & Cellar Gold-Tellurium-Silver-Copper Project located on the Burin Peninsula in southeastern Newfoundland. According to the release, ‘crews are on site with mechanical trenching and trail preparation for a small drilling program underway.”  Trying to get ahead of what’s to come form this trenching program, traders snatched up shares of Northern Shield Resources Inc. (TSXV:NRN) (OTCPK:NSHRF), with shares trading on the Canadian side ..read more
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News Brief: Lancaster Resources Inc.
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8M ago
Vancouver, British Columbia based Lancaster Resources Inc. (CSE: LCR) (OTC Pink: LANRF) (FRA: 6UF0) announced KLM Geophysics is commencing the Magneto-Telluric geophysics program at Lancaster's Alkali Flat Lithium Project located in Lordsburg, New Mexico, USA.   According to the release, the MT program is targeting highly conductive stratigraphic units (layers) to further delineate drill targets in a highly prospective area on the NE part of the property. Within the next few weeks, Lancaster anticipates receiving survey results, which management expects will guide them in identifying clea ..read more
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Holding Company Finds Mid-Week Success
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8M ago
A Singapore-based holding company in the tech space gained a lot of attention from traders on Wednesday after the company reported Q2 2023 financial results. One of the major highlights was the revenue growth, which grew by 77% to $567 million YoY.   Shares of Grab Holdings Limited (Nasdaq:GRAB) rallied strongly on the news, reaching up to $3.76/share (+12.57%) at the session high. This move is a strong continuation of the success this stock has had over the last six months.  Grab Holdings Inc is an investment holding company. The Group enables access to transportation, delivery ..read more
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News Brief: European Energy Metals Corp.
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8M ago
Vancouver, British Columbia based European Energy Metals (TSXV: FIN) (FSE: W28) announced that it has entered into a definitive agreement to acquire a 100% interest in seven mineral reservations located in northern and Central Finland. According to the release, under the terms of the proposed transaction, the company will acquire all of the shares of BB Gold Inc., a company existing under the laws of Newfoundland and Labrador and its wholly owned Finnish subsidiary, Sisu Exploration Oy, the direct owner of the reservations, from a private individual in exchange for the issuance of 1,250,000 co ..read more
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Shares Up After Discovery of New Mineral Showing
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8M ago
The discovery of a new mineral in British Columbia within three historical open pit mines has shares of this junior miner going today. Coast Copper Corp.  (TSXV: COCO) announced in a press release today the discovery of a new mineral showing, B3, which is located approximately 700 meters to the south of the Merry Widow pit on the optioned Empire Mine property on northern Vancouver Island, British Columbia. The B3 showing was discovered during Coast Copper's summer 2023 exploration field program, including prospecting, soil and rock sampling across areas of interest. Covering three hi ..read more
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U.S. Retail Sales Show that Spending is Outpacing Inflation
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8M ago
July's U.S. retail sales report showed a healthy American consumer, with spending outpacing inflation. At a seasonally adjusted 0.7 percent, the print was higher than June’s 0.3 percent, marking the fourth consecutive month of increases. Compared to last July, retail sales increased by 3.2 percent. In comparison, the U.S. consumer price index rose 0.2 percent in July. Online shopping was the top spending category; Americans also continued spending at restaurants and bars. Purchases at furniture and electronic/appliance stores dropped.  Excluding automobiles, gasoline, building materials a ..read more
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Will Shares Pop on Record Second Quarter Results?
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8M ago
This leading consumer-focused cannabis company is focused on delivering products that delight customers through a commitment to robust innovation and product quality — and they just announced record net revenue, market share and free cash flow. Decibel Cannabis Company Inc.  (TSX-V: DB) (OTCQB: DBCCF) announced its interim financial results for the three and six month periods ending June 30, 2023 in a press release today. CEO Paul Wilson had this to say, "Our strong second quarter sequential net revenue growth, driven by demand for our core products and international exports, continues to ..read more
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News Brief: NeurAxis Inc.
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8M ago
Carmel, Indiana based NeurAxis, Inc. (NYSE American: NRXS) today highlighted a Prospective Study on the Effect of Auricular Percutaneous Electrical Nerve Field Stimulation (PENFS™) in Patients with Post-Concussion Syndrome, a randomized, double-blind, placebo-controlled trial to evaluate the efficacy of IB-Stim™ in children with post-concussion symptoms. Brian Carrico, President and Chief Executive Officer of NeurAxis, said, “We are thrilled to support this research because if the data is positive and the FDA gives clearance, this would be a groundbreaking therapeutic option for post-concussio ..read more
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Massive Premarket Buying Pressure Following New Agreement Announcement
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8M ago
A California-based healthcare company is turning heads on Tuesday after the company announced that its patented ClearUp bioelectronic sinus pain relief device will be sold on AmerisourceBergen Marketplace after the company signed a non-exclusive agreement with AmerisourceBergen. Traders obviously felt that this new agreement would increase exposures and sales for Tivic Health Systems Inc. (Nasdaq:TIVC) as they quickly bid up shares during premarket hours, with shares currently bid at $3.96/share (+104.12% implied open for sellers) at the time of writing. It should be a very exciting session fo ..read more
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