Streetbeat News

Assets

EEMMF

E3 Lithium has secured a strategic site in Alberta for its first lithium production facility, marking a significant step in its Clearwater Project. The site offers essential infrastructure to support the development.

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November 21, 2024 | 8:30 am

SVM

Silvercorp Metals Inc. has announced the pricing of its US$130 million convertible senior notes offering, with an option for an additional US$20 million. The notes carry a 4.75% interest rate and are due in 2029.

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November 21, 2024 | 8:15 am

OROXF

Orosur Mining Inc is nearing the completion of the Anzá transaction and has commenced drilling at the Pepas Prospect in Colombia.

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November 21, 2024 | 7:15 am

SPBO

The SPDR Portfolio Corporate Bond ETF (SPBO) offers a balanced fixed-income approach by tracking the Bloomberg U.S. Corporate Bond Index. It manages $1.83 billion with a low expense ratio of 0.03% and provides a 5.20% yield. The ETF includes a diverse range of investment-grade corporate bonds with short durations. While the bullish case for SPBO is strong, investors should be aware of potential risks.

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November 21, 2024 | 7:00 am

COTY

Coty Inc. announced early results of its cash tender offer to purchase up to $300 million of its 5.000% Senior Secured Notes due 2026, increasing the cap from $250 million.

Portfolio Pulse from

November 21, 2024 | 4:30 am

APA

REI

APA Corporation sold CBP and NW Shelf assets for $950 million, indicating a potential valuation increase for Ring Energy's shares by 50% to 100%. However, Ring Energy needs to reduce leverage without significant dilution to realize this upside.

Portfolio Pulse from

November 21, 2024 | 4:00 am

PFFA

PFFA is a high-yield fund offering exposure to preferred stocks, combining robust asset selection, leverage, and options overlay for strong performance and stable income. Despite high fees, its active management and consistent outperformance make it appealing for income-focused investors.

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November 21, 2024 | 4:00 am

GRNY

Tom Lee's Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) has quickly gained traction, amassing over $300 million in assets. The ETF employs a unique investment strategy focusing on high-reward, moderate-risk stocks, with significant exposure to Information Technology and Industrials.

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November 21, 2024 | 3:30 am

SPYI

The NEOS S&P 500 High Income ETF (SPYI) is attracting investors due to its options-based income strategy, boasting over $2.3 billion in assets under management and a distribution rate exceeding 12%.

Portfolio Pulse from

November 21, 2024 | 2:45 am