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Channelchek news releases related Channelchek news releases and Channelchek press releases from 08/24/22 12:00:00 on US and Canada Markets.
High-grade samples taken at Golden Glove. The company released assays from six samples taken from quartz veins containing visible gold collected during prospecting in the Golden Glove area of the company's flagship Kingsway project. Sampling will help generate and upgrade targets for drilling ...
Q2 misses expectations. Revenues increased 12% to $4.30 million but were 7.5% lower than our $4.65 million estimate. Management identified a shift in revenue from a large client, deferred into the third quarter contributed to the Q2 revenue shortfall. Lower than expected gross margins and high...
Near-term catalysts. Upcoming catalysts include: 1) completion of a previously announced private placement to fund work programs through the balance of 2022, 2) potential monetization of properties within the Battle Mountain portfolio, and 3) commencement of work programs in Nevada and Peru. A...
Initiating Coverage. We are initiating research coverage on Lifeway Foods, Inc. with a Market Perform rating. Lifeway is the largest producer and marketer of kefir in the U.S. and an important player in the broader probiotic-based products and natural "better for you" foods. We believe Lifeway...
Notice of Allowance for patent application. Yesterday, Baudax Bio announced the US Patent and Trademark Office (USPTO) provided a Notice of Allowance for patent application No. 16/297095 (the '095 application). The USPTO typically issues a Notice after determining the patent application should...
Q2 disappoints. Revenues increased 12% to $4.30 million, but were 7.5% lower than our $4.65 million estimate. Notably, revenues moderated from the 18% revenue growth in the first quarter. We believe that adverse general market conditions and economic concerns impacted the company's individual ...
A New CEO. As promised in the second quarter earnings call, the CEO search is complete. Orion Group announced that Travis Boone has been named President and Chief Executive Officer and member of the Board of Directors, effective September 12, 2022. Austin J. Shanfelter will step down as Interi...
Termination of Research Coverage. We are terminating research coverage of Stem Holdings, Inc. due to a reallocation of resources. Effective upon termination of coverage, investors should no longer rely on any of our prior research, financial estimates, or ratings for the Company. Read More &g...
Sumitomo Extension. MustGrow announced Wednesday that the Company has extended the option with Sumitomo for exclusive testing with MustGrow's technology on potatoes and bananas in North, Central, and South America. The Company did not disclose the length of the extension. Positive Results. Dur...
Second quarter financial results come in above expectations. Grindrod Shipping reported above-expectation financial results for the most recent quarter boosted by higher-than-expected shipping rates and lower daily operating costs. Reported revenues for the quarter were $161.6 million includin...
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