The Market Signal was created as a platform to help investors, if you own (TSX:MTA), (TSX:VET) or (TSX:ARE) and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.
https://themarketsignal.com/Free-Report/NOW
(Click link above or copy, paste and hit enter in your browser for your report)
Metalla Royalty & Streaming highlights its latest transactions that contributed to higher loyalties and revenue streams
https://themarketsignal.com/Free-Report/MTA
(Click link above or copy, paste and hit enter in your browser for your report)
Metalla Royalty & Streaming Ltd. (CVE: MTA) boasts of 30.80% institutional ownership, which means that it is well positioned for positive long-term growth in its stock price.
Metalla Royalty currently holds 50 precious metal assets after increasing the number of streams and loyalties that it holds thanks to the following transactions:
- It acquired 2.0% NSR royalty for the gold that will be produced from part of La Fortuna deposit and also the NuevaUnion project in Chine's Huasco Province.
- The company acquired 3.0% net smelter royalty from the Seloam Brook prospect which it acquired for $2.0 million.
- Metalla acquired all of the outstanding and issued shares of Idaho Resources Corporation. The deal agreed on was for 357,121 common shares and US$2.0 million in cash.
- The company also signed a deal with NuEnergy Gas Limited through which it will acquire 2.5% NSR royalty on Southern and Northern segments of Kirkland Lake Gold ltd.
- Metalla paid $1.6 million in dividends for its fiscal year ended May 31. The company paid $1.8 million in dividends in the previous fiscal year.
Vermilion Energy publishes its Q2 2020 financials
https://themarketsignal.com/Free-Report/VET
(Click link above or copy, paste and hit enter in your browser for your report)
Vermilion Energy Inc (TSX: VET) has a long term bullish outlook courtesy of its institutional 34.40% institutional ownership.
Vermilion revealed in its latest quarterly report for the second quarter of 2020 that its net income was $82 million or $0.52/basic share. This represents a 52% decline from the figures reported in the previous quarter. The drop was largely due to lower commodity prices caused by the negative impact of the coronavirus pandemic on the economy. The decline was also heavily affected by the price war that saw oil prices hit historic lows in March 2020.
The company's production in Q2 this year was around 100,366 boe/d which is 3% higher than its production in Q1. This slight increase was fueled by production growth in various major markets including Australia, Canada and the U.S.
Aecon Group posts its Q2 2020 financial results highlighting stark contrast from Q2 2019
https://themarketsignal.com/Free-Report/ARE
(Click link above or copy, paste and hit enter in your browser for your report)
Aecon Group Inc. (TSX:ARE) has 30.60% of its stocks owned by institutions, which means that it has a strong shareholder base to support long-term growth.
Aecon Group reported that it generated $779 million in revenue during the latest quarter ended June 30, 2020. The revenue figure was $88 million less than the revenue that the company reported in Q2 of the previous year. Its adjusted EBITDA for the latest quarter was $24.4 million which was significantly lower than the $57.3 million adjusted EBITDA that the company achieved in Q2 2019.
Aecon Group reported a net loss of $6.2 million in the latest quarter which is significantly lower than the net income of $20.4 million that it achieved in the corresponding quarter in 2019. The performance figures for Q2 2020 reflects the huge impact of the coronavirus pandemic on the company's performance during the quarter.
Please email or contact us for any edits or errors relating to this stock market news.
If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.
We will get back to you within 24 hours.
COMTEX_370627241/2700/2020-09-03T07:39:48
Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.
