Streetbeat News

Assets

AUMN

Golden Minerals Company has completed the sale of its Yoquivo gold-silver project in Chihuahua State, Mexico, to Advance Metals Limited. This transaction marks a strategic move for Golden Minerals as it divests from this asset.

Portfolio Pulse from

November 22, 2024 | 10:15 pm

BIG

Big Lots, Inc. has received court approval to sell its assets and business operations to Nexus Capital Management. The sale is expected to close in early December, pending customary conditions.

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November 22, 2024 | 9:30 pm

MLPNF

Millennial Potash Corp. is conducting a private placement of 11,250,000 units at $0.30 per unit, raising $3,375,000. Each unit includes one common share and a half share purchase warrant exercisable at $0.40 for two years.

Portfolio Pulse from

November 22, 2024 | 9:15 pm

AUSVF

Gold79 Mines Ltd. has successfully closed an oversubscribed final tranche of its private placement, raising $6,110,000, exceeding its initial target of $6,000,000.

Portfolio Pulse from

November 22, 2024 | 9:15 pm

ORGO

Organogenesis Holdings Inc. (Nasdaq: ORGO) is expanding its manufacturing capacity with a new 122,000-square foot biomanufacturing facility in Smithfield, Rhode Island. This expansion supports future growth in the Advanced Wound Care and Surgical and Sports Medicine markets.

Portfolio Pulse from

November 22, 2024 | 9:15 pm

AAAU

Gold prices surged by 5% this week, driven by increased safe-haven demand. This trend reflects investors' preference for gold amid uncertain market conditions.

Portfolio Pulse from

November 22, 2024 | 8:45 pm

GLD

SLV

The SPDR® Gold Shares ETF (GLD) and iShares Silver Trust ETF (SLV) have recently experienced price corrections due to interest rate uncertainties. However, these setbacks are considered temporary, with potential catalysts for a price rebound.

Portfolio Pulse from

November 22, 2024 | 8:00 pm

PEY

VYM

The Invesco High Yield Equity Dividend Achievers ETF (PEY) offers a good yield and cheap valuations, but the Vanguard High Dividend Yield ETF (VYM) is considered more reliable. PEY's sector and market-cap exposure are not ideal, and its risk-reward profile is currently not promising.

Portfolio Pulse from

November 22, 2024 | 7:15 pm

QRTEA

Qurate Retail is financially strong with significant cash reserves and credit availability, focusing on debt reduction and strategic growth. The company plans to leverage social media and streaming to achieve a $1.5 billion revenue run-rate in three years.

Portfolio Pulse from

November 22, 2024 | 7:15 pm

BRK.B

Berkshire Hathaway's stock (BRK.B) is trading at a premium compared to the industry, with concerns over its valuation, price underperformance, and unfavorable return on capital. Investors are advised to be cautious.

Portfolio Pulse from

November 22, 2024 | 6:45 pm