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Channelchek news releases related Channelchek news releases and Channelchek press releases from 02/22/22 12:00:00 on US and Canada Markets.
Shareholder approval and final order. Following shareholder approval during a special meeting on February 14, Great Bear Resources obtained a final order from the Supreme Court of British Columbia approving the acquisition of Great Bear by Kinross Gold Corporation (TSX: K, NYSE: KGC, Not Rated...
Drilling commences at North Birch. As expected, Newrange has commenced drilling at the North Birch project in the Birch-Uchi Greenstone Belt in the Red Lake Mining area of northwestern Ontario, Canada. Approximately 2,000 meters of drilling is planned, with the first five holes testing a three...
Very strong finish to year. 4Q2021 EBITDA above expectations. 4Q2021 EBITDA of $72.7 million was higher than our estimate of $67.3 million mainly due to robust TCE rates of $30.8k/day for Supras/Ultras and $28.8k/day for Handys, which were higher than our estimates of $30.3k/day for Supras/Ult...
Drilling commences at North Birch. As expected, Newrange has commenced drilling at the North Birch project in the Birch-Uchi Greenstone Belt in the Red Lake Mining area of northwestern Ontario, Canada. Approximately 2,000 meters of drilling is planned, with the first five holes testing a three...
Strong finish to year. 4Q2021 results ahead of expectations due to solid execution and less COVID-19 issues which more than offset late-quarter weather issues in the Northeast. Revenue of $210 million was ~$15 million lower than expected, but gross margin expanded to $53.0 million with gross m...
Quarterly Call today. Management will host a 8:00am EST call today. The number is 877-553-9962 and the code is Grindrod. With a larger owned fleet, a consistent cargo focused strategy and solid financial position, GRIN is well positioned to benefit from attractive dry bulk market fundamentals ...
Transformation to Lead to More Growth. Over the past years, ACCO has pivoted the business to consumer and technology products, with these faster growing categories accounting for almost 60% of sales. In addition, ACCO has moved into faster growing channels, such as retail and e-tail. We note W...
4Q21 Operating Results. ACCO reported record 4Q21 revenue of $570.3 million, up 24.0% and up 8.4% on a comparable basis, with all segments posting growth. Consensus was $561 million and we had forecast $545 million. Adjusted EPS was $0.54, compared to $0.39 last year. We had forecast adjusted ...
Reported EBITDA of $26.1 million slightly above expectations. Adding back dry dock expenses, we calculate adjusted 4Q2021 EBITDA of $27.3 million on TCE rates of $30.0k/day. Full year adjusted EBITDA was $56.8 million on TCE rates of $19.3k/day. Forward 2022 cover of 97% at average TCE rates o...
The Department of Energy (DOE) just firmed up plans to develop a methodology to decide how to divvy up $8 billion in new funding for hydrogen projects. DOE is now formally requesting suggestions from companies and experts in the field on how to best make use of the money for hydrogen projects....
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