Rio2 Limited reported its Q1 2026 financial results highlighting initial production ramp-up at the Fenix Gold Mine in Chile and the first contributions from the Condestable Copper Mine in Peru after its acquisition in January 2026. The company produced 7,849 ounces of gold, 49,198 ounces of silver, and over 6.4 million pounds of copper, generating $22.3 million in net income and $24.6 million from mine operations. Despite some start-up challenges at Fenix Gold, corrective actions are underway, with commercial production expected by Q4 2026 and annual gold output projected at 60,000-65,000 ounces. Condestable performed well in its first two months under Rio2, contributing steady cash flows and advancing exploration and expansion plans. Rio2 maintains strong liquidity with $93.1 million in cash and continues to invest in mine development and operational improvements.
Constellation Software Inc. held its annual general meeting on May 15, 2026, where all nine director nominees were successfully elected by shareholders. Mark Leonard, the company's founder and former president, did not seek re-election but will remai...
First Trust Portfolios Canada announced the cap at 17.23% and a 10% buffer for the First Trust Vest U.S. Equity Buffer ETF (MAYB.F) for its new Target Outcome Period from May 19, 2026, to May 21, 2027. The fund aims to match returns of the SPDR S&P 5...
WaFd Bank has been reaffirmed with a soft 'buy' rating due to its solid fundamentals, including a net interest margin of 2.76% that supports higher profitability. Despite modest declines in deposits and loans, the bank trades at a forward P/E of 9.8,...
Lowe's Companies will announce its 64th consecutive annual dividend increase in late May, continuing a long-standing tradition despite recent stagnation in earnings per share (EPS). Last year, Lowe's dividend growth slowed to 4%, with a forecasted in...
Terra Classic (LUNC) recently approached a key resistance level at $0.000072 before rallying nearly 70% to $0.000123. The price has now pulled back to retest the $0.000072 level, which could act as strong support if bulls maintain control. Technical ...
