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FOUND: 7 | Mind Blowing Facts

BMO Capital Bumps Up Cogeco Communications Price Target By 4%

Cogeco Communications Inc (TSX: CCA) (OTC: CGEAF) price target has been raised to C$130 from C$125 by BMO Capital Markets analyst Tim Casey. The analyst maintained the Market Perform rating on Cogeco shares.

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Why Gran Tiera Energy Shares Are Trading Higher Today

Gran Tierra Energy Inc (TSX:GTE) (NYSE:GTE) coverage has been initiated by Canaccord analyst Roman Rossi, with a Buy rating and a price target of C$2.70. According to Rossi, Gran Tierra is a very interesting play in an investor-friendly jurisdiction. The stock could be primed for more growth as the drilling campaign progresses, despite the…

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RBC Capital Raises Dialogue Health Technologies Price Target, Positive On Recent Acquisition

RBC Capital analyst Douglas Miehm raised the price target for Dialogue Health Technologies Inc (TSX: CARE) to C$10 from C$9 with the Sector Perform rating on the shares.

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RBC Capital Bumps Up Russel Metals Price Target By 2.5%

RBC Capital analyst Alexander Jackson raised the price target for Russel Metals Inc (TSX:RUS) (OTC:RUSMF) to C$41 from C$40 to incorporate higher near-term steel prices. The analyst maintained the Outperform rating on the shares. Jackson believes Russel will report a strong quarter that, excluding 2021, ranks as one of the company's best in terms of…

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Desjardins Is Bullish On dentalcorp - Read Why

dentalcorp Holdings Ltd (TSX: DNTL) coverage has been assumed with a Buy recommendation and a price target of C$21 by Desjardins analyst Gary Ho. The analyst says the recently announced dental care proposal for low-income Canadians as a slight benefit for the company.

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RBC Capital Bumps Up Ensign Energy Services Price Target By 85%

Ensign Energy Services Inc (TSX:ESI) (OTC:ESVIF) has been upgraded to Outperform from Sector Perform, with the price target raised to C$6 from C$3.35 by RBC Capital analyst Keith Mackey. The analyst believes the risk/reward equation has moved in the company's favor as global rig counts increase and North American rig utilization tightens. Mackey says…

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LXRandCo Registers 18% Revenue Growth In March

LXRandCo Inc (TSX:LXR) (OTC:GGBBF) reported its monthly revenue update. For March, it realized total net revenue of C$1.8 million (+18% year-over-year), inclusive of an E-commerce net revenue of C$1.3 million (+106% Y/Y). Latest twelve months ending March 31, 2022, LXRandCo's net revenue was C$19.7 million (+92% Y/Y), including an E-commerce net revenue…

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Why Are Baytex Energy Shares Trading Higher Today

Baytex Energy Corp (TSX:BTE) (OTC:BTEGF) has been upgraded to Outperform from Sector Perform, and the price target was raised to C$8.75 from C$6.50 by National Bank analyst Dan Payne. Payne attributed the upgrade to the outsized return potential represented within its Clearwater project acreage. The analyst believes the project will…

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RBC Capital Bumps Up Stelco Price Target

Stelco Holdings Inc (TSX:STLC) (OTC:STZHF) price target has been raised to C$61 from C$60, by RBC Capital analyst Alexander Jackson. The analysts maintained the Sector Perform rating on the shares. The analyst expects a solid quarter for Stelco, albeit down compared to Q4, on lower steel prices and sales volumes. Jackson adds that HRC (hot-rolled…

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Gold Mountain Mining Stock Slides After Bought Deal Public Offering

Gold Mountain Mining Corp (TSX:GMTN) (OTC:GMTNF) entered into an amended agreement with Eight Capital, under which the Underwriters have now agreed to purchase, on a bought deal basis, 14.8 million units for C$1.25 per unit for aggregate gross proceeds of C$18.5 million. The prior agreement consisted of 9.6 million units at C$1.25 per unit for…

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North West Company Clocks 2.5% Sales Growth In Q4

North West Company Inc (TSX:NWC) (OTC:NNWWF) reported fourth-quarter sales growth of 2.5% year-over-year to C$579.2 million. Same-store sales improved 0.1% compared to a 16.8% growth last year. EPS improved to C$0.71 from C$0.63 in 4Q2Q. The gross margin contracted by 134 bps to 31.9%. Selling, operating, and administrative expenses decreased by C$3.6 million…

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Stantec Bags Civil Works Contract From US Army Corps Of Engineers

Stantec Inc.(TSX:STN) (NYSE:STN) has secured a five-year IDIQ multiple award task order contract with a capacity of $18 million from the U.S. Army Corps of Engineers (USACE) Alaska District. Stantec will provide various architecture and engineering services for projects throughout Alaska. Project types include small boat harbors, ecosystem restoration projects, flood damage…

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EQ Bank Increases Everyday Interest Rate By 25 Basis Points

EQ Bank, powered by Equitable Group Inc. (TSE: EQB), is increasing its interest rate by 25 bps to 1.50%, effective Monday, April 11. This increased rate applies to the EQ Bank Savings Plus Account, RSP, and TFSA Savings Accounts. "Increasing our interest rate to 1.50%, combined with a growing suite of everyday banking…

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Lion Electric, Transit Truck Bodies Launch Heavy-Duty Truck

Lion Electric Co (NYSE:LEV) (TSX:LEV) and Transit Truck Bodies launched a new lightweight, aerodynamic, 100% heavy-duty electric truck ideally suited for last-mile urban delivery. This vehicle was developed as part of the Mobel mobilization project that the government of Quebec is supporting to finance. Designed by Transit, this zero-emission vehicle built on a…

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UK Government Picks SNC-Lavalin To Deliver Industrial Decarbonization Roadmaps

SNC-Lavalin Group Inc. (TSX:SNC) (OTC:SNCAF) has been selected by the U.K. Government Department of Business, Energy and Industrial Strategy (BEIS) to develop industrial decarbonization roadmaps for sites across the U.K. Financial terms were not disclosed. Atkins, a subsidiary of the SNC-Lavalin Group, will work with up to 16 industrial sites to develop roadmaps…

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TMX Group Reports March 2022 Equity Financing Statistics

TMX Group (TSX:X) (OTC:TMXXF) welcomed 11 new users on Toronto Stock Exchange (TSX) and 12 new users on TSX Venture Exchange (TSXV) for March 2022. TSX listed 11 new issuers in March 2022, compared with 11 in the previous month and 27 in March 2021. Total financings raised in March 2022 in TSX…

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Fission Uranium Becomes Debt Free After Credit Facility Repayment

Fission Uranium Corp (TSX:FCU) (OTC:FCUUF) has repaid the remaining ~$7 million balance of its secured credit facility. The company is now completely debt and lien-free. As of April 7, 2022, Fission Uranium holds ~C$40 million of cash and cash equivalents and has no debt. Fission also continues to advance PLS -…

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Ceylon Graphite Boosts Private Placement To $3.5M

Ceylon Graphite Corp (TSXV:CYL) (OTCQB:CYLYF) amended the terms of its previously announced private placement. The company has increased the number of units from 18.75 million to 21.88 million units at $0.16 per unit for gross proceeds of up to $3.5 million. Each unit will consist of one common share and one common share purchase warrant.…

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Corus Studios Inks Output Deal With Streaming Platform Hulu

Corus Studios, a division of Corus Entertainment (TSX:CJR) (OTC:CJREF), signed its largest U.S. output agreement with streaming platform Hulu, consisting of over 400 episodes of lifestyle, renovation, unscripted, and crime content. Financial terms were not disclosed. Streaming service Hulu is majority-owned by Walt Disney Co (NYSE:DIS). The new multi-year agreement adds to the previously announced…

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Next Hydrogen Inks MoU with Black & Veatch For Green Hydrogen Solutions

Next Hydrogen Solutions Inc. (TSXV:NXH) (OTC:NXHSF) signed a memorandum of understanding with Black & Veatch to offer a complete and integrated solution for producing large-scale green hydrogen for industrial customers. Black & Veatch is a global engineering, procurement, consulting, and construction company. The MoU is a non-exclusive agreement under which Next Hydrogen and…

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Electrovaya Secures $10.6M In Purchase Orders

Electrovaya Inc. (TSX:EFL) (OTC:EFLVF) has received further purchase orders valued at about $10.6 million. The company received a blanket purchase order from its OEM sales partner valued at more than $9.4 million and other orders worth ~$1.2 million. The blanket purchase order will be replaced by detailed purchase orders specifying the battery…

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Diamond Game Secures License To Launch Electronic Instant Bingo Product In Ohio

Pollard Banknote Limited (TSX:PBL) subsidiary, Diamond Game, received an electronic instant bingo license issued by the Attorney General of the State of Ohio. The license allows the company to provide charitable electronic instant bingo machines, also known as E-bingo or electronic pull tabs, to veteran and fraternal organizations throughout the state. Diamond Game…

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Couche-Tard Agrees To Repurchase ~5.5M Class A Multiple Voting Shares From CDPQ

Alimentation Couche-Tard Inc. (TSX:ATD) (OTC:ANCTF) has entered a private agreement with Caisse de dépôt et placement du Québec (CDPQ) for the repurchase for cancellation of ~5.48 million Class A multiple voting shares held by CDPQ for C$54.77 per Class A share, for a total consideration of ~C$300 million. The repurchase price represents…

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Tilray Launches The First Cannabis Edible Available in Quebec: Solei Bites

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) is launching Solei Bites the Solei brand’s first foray into edibles and the first ready to eat THC edible available at the Société Québécoise du cannabis ("SQDC"), Quebec's sole legal retailer for cannabis products.

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Delta 9 Acquires 17 Retail Cannbis Stores, About To Close $32 Million Credit Facilities

Delta 9 Cannabis Inc. (OTCQX: DLTNF) (TSX: DN) has closed a transaction with Uncle Sam’s Cannabis Ltd. and Wissam El Annan to acquire all or substantially all of Uncle Sam’s assets relating to the operation of seventeen retail cannabis stores in Alberta.

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