Industry Report: Energy 2020-4Q Review and Outlook

Oil prices rose sharply beginning in November but are still well below levels at the start of the year. Oil prices continued to rebound from the sharp drop seen in the first quarter as investor enthusiasm about a Coronavirus vaccine pushed prices higher. WTI oil prices began the quarter in the mid thirties and finished the quarter near $47.50/BBL. Near-month ... Read More

Vectrus (VEC): A Busy Holiday Period for Vectrus: Another Acquisition

HHB Systems. Monday morning, Vectrus announced its second acquisition in a week, this time acquiring HHB Systems. HHB Systems is a leading provider of high-end solutions for facilities management, logistics ... Read More

Gevo (GEVO): Two milestones in a week - FEED Engineering firm identified

Another milestone hit with identification of FEED firm. Koch Project Solutions, LLC is performing front end engineering, design and project execution management services (FEED) for the renewable fuel expansion ... Read More

Ayala Pharmaceuticals (AYLA): Pivotal Desmoid Tumor Trial is Set to Initiate in H1 2021

Ayala receives the green light to proceed with a Phase 2/3 pivotal study for desmoid tumor. Yesterday, Ayala announced that the U.S. Food and Drug Administration (FDA) agreed to allow Ayala to proceed with a ... Read More

Tribune Publishing (TPCO): Are You Serious?

Large influx of cash. The company closed on the sale of BestReviews for a total price of $160 million. Tribune owns 60% of the company and we estimate that net proceeds from the transaction will be roughly $88 million. In total, the company is expected to have ... Read More

Metals & Mining Fourth Quarter 2020 Review and Outlook

Mining companies outperformed the broader market. During the fourth quarter of 2020, mining companies (as measured by the XME) gained 43.9% compared to 11.7% for the broader market as measured by the S&P 500 index ... Read More

Helix Biopharma (HBPCF): Q1 F2021: Business Update

Q1 F2021 financial results. Helix reported financial results for the first quarter of fiscal 2021 ending October 31, 2020. Net operating loss was $0.2 million (loss from operations $2.4 million and gain from discontinued operations of $2.2 million) ... Read More

The Dollar Amount of IPOs in 2020 was Blistering. Will Deals Continue in 2021?

Despite the stellar year-over-year 2020 performance experienced by Wall Street, the bull icon was kept mainly under wraps. Instead, unprecedented use of the unicorn came to represent the ... Read More

Gevo (GEVO): Debt free with higher pro forma cash balance moving into 2021

Strong December stock price performance proved catalyst for debt conversion into equity. ATM program updated for opportunistic use. In the updated ATM equity prospectus, we learned that the convert debt was ... Read More

Indonesia Energy Corp (INDO): Shares surge 47% on rising oil prices

The shares of INDO rose 47% on December 30 on heavy volume. The shares of INDO opened at $5.74 and quickly rose to $15.33 before ending the day at $7.11. The company did not report any news that might account for the rise in its stock ... Read More

Well Productivity Improvements - Good for Producers, Bad for Energy Prices

Oil well production and improved drilling efficiency could keep the price per barrel low, even as demand picks up. Although today’s lower oil price range is largely demand-related, the result ... Read More

Vectrus (VEC): Another Major Win: OMDAC-SWACA Award

OMDAC-SWACA Award. Tuesday evening, the U.S. Army announced Vectrus was awarded an $882.5 million cost-plus-fixed-fee contract for operation, maintenance, and defense of Army communications (OMDAC-SWACA) with an estimated completion date ... Read More

Vectrus (VEC): Zenetex Acquisition Expands and Deepens Offerings

Zenetex Acquisition. Monday evening, Vectrus announced it was acquiring Zenetex, accelerating its converged infrastructure strategy. Vectrus is paying $123 million, or $112 million, net, after $11 million of expected tax ... Read More

Eagle Bulk Shipping (EGLE): Another Ultramax Acquisition Adds to Fleet Renewal

Fleet renewal continues with another Ultramax acquisition. The fleet renewal program, which began in April 2016, continues. Another SDARI-64 Ultramax (to be renamed Stockholm Eagle), which was built in 2016 at Chengxi ... Read More

Genco Shipping (GNK): Asset Swap Enhances Fleet Profile Without Capital Outlay

Three modern, eco Ultramaxes will be acquired in exchange for six older Handysizes in a transaction designed to modernize and focus the asset base while maintaining liquidity since no capital will be required. A ... Read More

After 2020 Stock Market Outperformance, What Are the Odds for 2021?

With the S&P 500 climbing to a new all-time closing high of 3,735.36, what are the stock market valuation indicators tell us? Although 2020 has been an outlier year in many ways, the S&P 500 is up ... Read More

The Most Studied Research, Most Popular Videos, and Most Read Articles of 2020

What do small-cap and microcap investors look at? We thought you’d want to know what we discovered when we took a look back at our most popular content of 2020. As part of our regular ... Read More

Eagle Bulk Shipping (EGLE): Fleet Renewal Continues and Equity Offering Completed

Fleet renewal adds another Ultramax acquisition and Supramax sale. The fleet renewal activity recently picked up, and it now includes three Supramax sales, two pending Supramax sales and two pending Ultramax ... Read More

CoreCivic, Inc. (CXW): Sale of 42 Non-Core Properties Yields $27 million for Debt Reduction

Sale. Yesterday after the market closed, CoreCivic announced the sale of 42 non-core government properties, representing 573,000 gross rentable square feet, for $106.5 million. The Company had ... Read More

Ely Gold Royalties (ELYGF): The Company You Keep

Increasing exposure to Coeur's Rochester mine expansion. Ely Gold Royalties, through its Nevada Select Royalty subsidiary, executed a binding term sheet to acquire a 2% net smelter royalty (NSR) from a private third party on three unpatented mining claims ... Read More

Onconova Therapeutics (ONTX): Phase 1 Trial Commencement for CDK4/6 ARK5 Program in H1 2021, Rating Raised

The trial is expected to commence in H1 2021. Onconova’s dual CDK4/6 and ARK5 inhibitor ON 123300 is set to enter the clinic in H1 2021 following the Investigational New Drug (IND) filing ... Read More

Golden Predator Mining (NTGSF): Waiting for the Bankable Feasibility Study?

Bankable feasibility study (BFS) expected in Q1-21. A BFS is being completed by Kappes Cassiday & Associates and will include a multi-year mine plan for the advancement of the Brewery Creek project. The BFS will include an ... Read More

Schwazze (SHWZ): Half A Hit Is Better Than No Hit At All: Closes On Six Star Buds Locations

Star Buds Acquisition. Schwazze announced Monday morning it had closed on the acquisition of six Star Buds retail locations and expects to acquire the remaining seven locations during the ... Read More

Euroseas (ESEA): Another Fixture Beats Expectations on Rate and Term

Another fixture at a higher than expected rate. The Synergy Antwerp, a 2008-built intermediate container ship (4,253 teu) secured a 32-35 month extension at $18k/day. Not only is the rate $3k/day higher than expected ... Read More

Genprex (GNPX): REQORSA Manufacturing is Scaled Up for Clinical Testing

REQORSA is getting ready to be tested in the clinic. Today, Genprex (GNPX) announced the achievement of the clinical-grade production to supply the upcoming trials, Acclaim-1, and Acclaim-2 clinical trials. This is ... Read More

Gevo (GEVO): Greenfield Site Announced - Debt Free One Way or Another

Tranche 1 development modified to optimize design. Greenfield site announced. Last week, CEO Pat Gruber updated investors on the current strategic plan and highlighted Tranche 1 which is now slated to build a new ... Read More

One-on-One with Kelly Services (KELYA) CEO, Peter Quigley

What they have done to transform the organization and accelerate growth - What recent acquisitions in education and telecom have brought to Kelly - Rating progress on revenue growth and gross margin goals - Covid pandemic impacts and response - Current state of client and talent demand – recent contract wins - What’s next in the evolution of “work”? Watch The Video Now

Higher Uranium Prices Could Result from New Supply and Demand Pressures

The last decade has not been favorable for uranium pricing. The Fukushima nuclear plant disaster in 2001 shut down power plants. Kazakhstan flooded the market with cheap uranium in the middle of ... Read More

Gevo (GEVO): More Clarity on First Project. Debt Free Heading into 2021.

Development plan modified to optimize design. Last week, CEO Pat Gruber updated investors on the current strategic plan and indicated that the first development (Tranche 1) is slated to be a new 45 MGPY ... Read More

Is Robinhood Violating the Fiduciary Conduct Standard in Massachusetts?

A complaint against Robinhood has been filed by the state of Massachusetts. The action is based on a new state law that they began to enforce in September. This filing comes in the same week that ... Read More

enCore Energy Corp. (ENCUF): Coverage Initiated As Outperform to Ride Uranium Price Wave

The success of enCore Energy and its stock price is tied to the success of the domestic uranium industry. A glut of uranium on the global market caused uranium spot prices to fall below profitable levels in ... Read More

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