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PZG

Paramount Gold Nevada has completed a $15 million financing deal with Sprott Resource and Streaming Royalty Corp. This capital infusion is expected to support the company's mining projects and operations.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 12:01 pm

SAFE

Safehold Inc. (NYSE:SAFE) received mixed analyst ratings in the latest quarter, with 5 analysts offering views ranging from bullish to indifferent. The average 12-month price target is $23.8, down from $25.25, with a high estimate of $33.00 and a low of $19.00. Analysts from JP Morgan, Goldman Sachs, Truist Securities, RBC Capital, and Wedbush have made recent adjustments to their ratings and price targets. Safehold, a REIT focusing on ground leases, showed a revenue growth of 19.34% and a high net margin of -143.72%, but lags in ROE and ROA compared to industry averages. Its debt-to-equity ratio is below industry norms, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 12:01 pm

MSTR

MicroStrategy (NASDAQ:MSTR) has received 5 bullish ratings from analysts in the past three months, with an upward trend in the 12-month price target, now averaging $675.0, an 18.38% increase from the previous average. Analyst Joseph Vafi of Canaccord Genuity has raised his price target multiple times, with the latest being $791.00. The company's financials show a market cap below industry average, a revenue growth of 3.27%, but struggles with profitability and debt management, indicated by a net margin of -110.8% and a high debt-to-equity ratio of 2.67.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 12:00 pm

EFSH

Shares of 1847 Holdings LLC (EFSH) are down in Thursday's premarket trading following the announcement of a 1-for-4 reverse stock split. The split will reduce the number of outstanding shares from approximately 3.43 million to 0.86 million and the float from 3.40 million to 0.85 million. The company's CEO, Ellery W. Roberts, stated the reverse split is part of a strategic restructuring to better position the company for future acquisitions. Despite a 29.8% year-over-year revenue increase in Q3 2023, EFSH shares dropped by 9.79% to $0.4689.

Portfolio Pulse from Nabaparna Bhattacharya

December 28, 2023 | 11:59 am

NBSE

Neubase Therapeutics has filed a prospectus supplement with the SEC for an offering of up to $10 million of shares of common stock. The filing is detailed in form 424B3, which indicates the company's intent to raise capital through the sale of equity.

Portfolio Pulse from Charles Gross

December 28, 2023 | 11:44 am

DOYU

DouYu International Holdings Limited has announced a plan to repurchase up to $20 million of its ordinary shares in the form of American Depositary Shares (ADSs) over a period of up to twelve months, starting from January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 11:33 am

DBGI

Digital Brands Group has indicated in a filing dated December 27 that it may periodically offer and sell up to $1.8 million worth of shares of its common stock.

Portfolio Pulse from Charles Gross

December 28, 2023 | 11:25 am

BLIN

CHRD

DIT

PROF

RETO

Chord Energy Corporation (CHRD) announced leadership changes with Susan Cunningham as Independent Chair and Darrin Henke as EVP and COO, effective in 2024. Bridgeline Digital (BLIN) reported a narrower Q4 loss but missed sales estimates. Profound Medical (PROF) priced a public offering at $7.50 per share. ReTo Eco-Solutions (RETO) reported a significant loss and revenue decline for the six months ended June 30, 2023. AMCON Distributing Company (DIT) declared a special cash dividend.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 9:24 am

PROF

Profound Medical Corp. has priced a public offering of 2,666,667 common shares at $7.50 per share, aiming to raise $20 million. The offering is anticipated to close around January 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 6:56 am

BRK

Warren Buffett's wealth increased by over $10 billion due to a 16% rise in Berkshire Hathaway stocks, but he dropped from fifth to tenth on the Bloomberg Billionaires Index as tech giants like Elon Musk, Jeff Bezos, and Bill Gates saw larger gains in their net worth due to surges in their respective company shares. Buffett's philanthropy also contributed to his rank decline, with $5.5 billion donated in 2023.

Portfolio Pulse from Benzinga Neuro

December 28, 2023 | 6:01 am