Author: Alexander Lee
Alexander Lee
Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.
Stephen Whiteside, an analyst at TheUpTrend.com, provides insights on the VIX, American Express, Verizon, Walmart, Hut 8, and other market signals in the latest Morning Market Outlook. Stay informed and ahead of market trends with daily updates on various indices such as the TSX, S&P 500, NASDAQ, as well as commodities like gold and crude oil. Watch the video above for Whiteside’s expert market analysis. Please note that the information presented in this article is for informational purposes only and should not be considered as investment advice. It is recommended that viewers conduct their own research and seek advice from…
Infinitii ai Inc. (CSE:IAI), a provider of predictive analytics for smart city infrastructure, successfully secured a competitive bid with the City of Vancouver. This achievement allows the city to access Infinitii flowworks’ real-time data monitoring software through a three-year agreement. The solution provided by Infinitii ai Inc. is designed to be compatible with all commonly used brands of loggers, sensors, and other monitoring devices in the sewer, drainage, and water quality sectors across North America. This capability is essential as Vancouver, with a population of 631,000 and being the largest municipality in British Columbia, requires a robust and adaptable monitoring…
Tamarack Valley Energy, an oil and gas company based in Alberta, has announced a monthly dividend of C$0.0125 per share, with a payment date of Sept. 16, 2024. Shareholders as of Aug. 30, 2024, will be eligible to receive this dividend. Since the company emerged from the pandemic, Tamarack Valley Energy has prioritized creating value for its shareholders. They aim to achieve this through sustainable free funds flow, financial stability, and returning capital to investors. The stock of Tamarack Valley Energy has shown positive growth, with a 14.37% increase year-over-year and a significant increase of 129.38% since 2019. Key reasons…
Great Atlantic Resources (TSXV:GR) has recently announced that its subsidiary, Golden Promise Mines, has commenced exploration activities at the East Golden Promise Gold Property in Newfoundland. This property is situated to the east of the company’s Golden Promise Gold Property. The exploration work will involve prospecting and rock/soil geochemical sampling, with a specific focus on a new target area in the eastern region of the East Golden Promise Property. The primary objective of this 2024 program is to identify the extent of gold anomalies and pinpoint potential trenching targets. Additionally, soil samples will be collected from an area where soil…
E3 Lithium (TSXV:TL) has recently announced that it has secured a C$5 million investment from the Government of Alberta via the Emissions Reduction Alberta Technology Innovation and Emissions Reduction fund. This funding will be directed towards supporting E3 Lithium’s integrated lithium brine demonstration facility in Alberta. The company is actively working on constructing a demonstration project aimed at producing battery-grade lithium carbonate from locally sourced brines within the province. As a result of this positive development, shares of E3 Lithium have risen by 6.80 per cent to C$1.10 as of 12:49 pm ET. CEO of E3 Lithium, Chris Doornbos, expressed…
The Canadian stock market experienced gains on Thursday, reaching levels not seen since the end of July. This growth was driven by an increase in crude oil and metal prices. The mining sector on the TSX saw the most growth, followed by industrials. Statistics Canada reported a 0.6% decrease in wholesale trade to C$82.4 billion in June, with motor vehicle sales declining to 168,000 from 184,700 in the previous month. This decline was influenced by softer U.S. inflation data released earlier, leading to expectations of a rate cut by the Federal Reserve next month. In the United States, stocks also…
Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the “Company” or “Exro”), a leading clean-technology company that provides proprietary motor-control and complete electric propulsion system technology for e-mobility, today announced its financial results for the second quarter ended June 30, 2024. The earnings presentation is available on the Company’s investor relations website here. Highlights Record revenue: Exro achieved record revenue of C$5.3 million in Q2 2024 with the delivery of 36 propulsion system units, a significant increase from nil reported in Q2 2023. In addition, the Company had C$6.7 million in completed units at the end of Q2, including an additional 40…
Canadian consumer goods company Pure to Pure Beauty (CSE: PPB, FRA: 3QG0) has recently completed the acquisition of the software platform InturAI with the aim of revolutionizing the healthcare and monitoring industry. InturAI’s platform is designed to enhance patient outcomes and reduce the cost of care in consumer settings like nursing homes by collecting vital data such as activity levels, vital signs, and health issues. Additionally, it offers intuitive monitoring for security purposes and has the potential to expand into various health and wellness sectors. One of the breakthrough aspects of InturAI is its ability to utilize signals from existing…
In preparation for an upcoming token launch in August, Hivello, the developer of Decentralised physical infrastructure networks (DePIN), has announced partnerships with three technology agencies. These agencies include Luna PR, a Dubai-based marketing firm, Winn Solutions, a technical growth agency, and Forgd, a blockchain specialist. The goal of these partnerships is to help Hivello expand its reach to both seasoned crypto enthusiasts and newcomers, allowing them to participate seamlessly in the decentralised economy. Luna PR will utilize its expertise within the Web3 space, while Winn Solutions, known for working exclusively with projects showing exceptional potential, will assist with strategy and…
Energy Fuels, a US-based critical minerals producer listed on the TSX under the symbol EFR, has recently launched a takeover bid for Australian company Base Resources, which is listed on the ASX as BSE. The aim of this proposed merger is to create a billion-dollar global business focused on rare earth elements, uranium, and mineral sands production. According to the terms of the proposal, Base shareholders would receive 0.026 Energy Fuels shares for each Base share they hold, in addition to A$0.065 in cash through an unfranked special dividend to be paid by Base. This offer values each Base share…