Thor Explorations Ltd. reported solid financial and operational results for Q1 2026, selling 15,417 ounces of gold at an average price of $4,820 per ounce, generating $74.3 million in revenue and $46.7 million in net income. The Segilola Gold mine in Nigeria maintained strong production and cost control, while exploration programs advanced in Nigeria, Senegal, and Côte d'Ivoire, including a promising Pre-Feasibility Study for the Douta project in Senegal. The company is focused on extending mine life at Segilola, progressing the Douta mining permit, and expanding exploration to increase resources. Thor maintains a strong balance sheet with $177.9 million in net cash and plans to continue dividends and exploration investments throughout 2026.
U-BX Technology's stock fell 15.6% in after-hours trading following the announcement of a 1-for-25 reverse stock split effective Friday. The move will reduce the number of outstanding shares significantly to maintain Nasdaq listing compliance. The co...
AI Financial Corp. disclosed that its $706 million WLFI token treasury is locked and unavailable for sale, raising serious liquidity and going concern issues. The company acquired 7.28 billion WLFI tokens in a $1.5 billion deal but the token value ha...
Stellantis announced a new project to produce a small, affordable electric car, called the E-Car, starting in 2028 at its Pomigliano d’Arco plant in Italy. The E-Car aims to revive the small car segment in Europe with a focus on European design, affo...
XRP is seeing a resurgence in retail trading activity, with CryptoQuant data showing increased trading frequency among smaller traders, often a sign of upcoming major price swings. The token recently rose above $1.5, and analysts note its current pri...
Echo Protocol on the Monad blockchain suffered a major security breach where an attacker minted about 1,000 unauthorized eBTC tokens worth roughly $76.7 million. The attacker moved some stolen assets through DeFi platforms like Curvance and Tornado C...
