ATB Capital Markets Keeps Their Buy Rating on Trican Well Service (TOLWF)
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
In addition to ATB Capital Markets, Trican Well Service also received a Buy from RBC Capital's Keith Mackey in a report issued on June 26. However, yesterday, BMO Capital maintained a Hold rating on Trican Well Service (Other OTC: TOLWF).
TOLWF market cap is currently $602.3M and has a P/E ratio of 8.94.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
35 minutes ago
- Business Wire
Canagold Resources Ltd. Announces Closing of $4M Financing
VANCOUVER, British Columbia--(BUSINESS WIRE)--Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (the " Company" or " Canagold"), is pleased to announce it has closed a financing consisting of $2,000,000 raised from selling charity flow-through shares and $2,000,000 from regular common shares, for total gross proceeds of $4,000,000 (the 'Offering '). The Company issued 4,651,163 flow-through shares of the Company (each a ' FT Share ') that qualify as flow-through shares for the purposes of the Income Tax Act (Canada) at a price of $0.43 per FT Share and 5,128,205 regular common shares (each an ' NFT Share ') at a price of $0.39 per NFT Share. A total of 9,779,368 common shares were issued part of the Offering. The gross proceeds from the issuance of FT Shares will be used to incur "Canadian exploration expenses" as such term is defined under subsection 66.1(6) of the Income Tax Act (Canada) (the ' Tax Act ') and will qualify as "flow-through mining expenditures" as defined in subsection 127(9) of the Tax Act, and "BC flow-through mining expenditures" as defined in subsection 4.721(1) of the Income Tax Act (British Columbia) at the Company's New Polaris project. The gross proceeds from the issuance of the NFT Shares will be used for working capital purposes. The Company received conditional approval from the Toronto Stock Exchange (the ' TSX ') for the Offering on August 7, 2025 and is currently seeking final approval. No finder's fees were paid in connection with the Offering. The FT Shares and the NFT Shares were issued on a private placement basis and are subject to a hold period of four months and one day following the closing date of the Offering, expiring on December 19, 2025. Under the Offering, Sun Valley Investments AG (' Sun Valley ') purchased 1,860,465 FT Shares and 2,051,282 NFT Shares. Goldlogic Corp., an affiliate of Sun Valley, purchased 465,116 FT Shares and 512,821 NFT Shares. A third investor purchased the remaining FT Shares and NFT Shares. Prior to the closing of the Offering, Sun Valley beneficially owned 72,139,133 common shares of the Company and Goldlogic Corp. owned 16,499,000 common shares of the Company, which in the aggregate represents 48.16% of the Company's total issued and outstanding common shares. Following the closing of the Offering, Sun Valley beneficially owns 76,050,880 common shares and Goldlogic Corp. owns 17,476,937 common shares, representing in the aggregate 48.25% of the Company's total issued and outstanding common shares. As Sun Valley is an insider of the Company, the Offering is a 'related party transaction' as this term is defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions (' MI 61-101 '). The Company is relying on the exemption from valuation requirement and minority approval pursuant to subsection 5.5(a) and 5.7(a) of MI 61-101, respectively, for the insider participation in the Offering, as the FT Shares and the NFT Shares do not represent more than 25% of the Company's market capitalization, as determined in accordance with MI 61-101. About Canagold Canagold Resources Ltd. is a growth-oriented gold exploration company focused on advancing the New Polaris Project through feasibility and permitting. Canagold is also seeking to grow its assets base through future acquisitions of additional advanced projects. The Company has access to a team of technical experts to help unlock significant value for all Canagold shareholders. " Catalin Kilofliski"
Business Wire
2 hours ago
- Business Wire
POSaBIT to Host Second Quarter 2025 Earnings Conference Call
TORONTO & SEATTLE--(BUSINESS WIRE)-- POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the ' Company ' or ' POSaBIT '), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on August 21, 2025 at 4:30 PM ET to discuss the results of the second quarter ended June 30, 2025. POSaBIT is soliciting investor questions prior to the call. Please send your questions to investors@ All questions will be aggregated and the top requests will be answered by the CEO during the question-and-answer portion of the earnings call. Please submit your questions by 12:00 PM ET on August 21, 2025. Conference Call Information Date: August 21, 2025 Time: 4:30 PM Eastern Time Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 694542 Webcast URL: Conference Call Replay Information: The replay will be available approximately 1 hour after the completion of the live event. Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 52878 Webcast Replay URL: Forward-Looking Statements This press release contains forward-looking statements, including statements regarding our business strategy, product development, timing of product development, events and courses of action. Statements which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future including words or phrases such as 'anticipate,' 'objective,' 'may,' 'will,' 'might,' 'should,' 'could,' 'can,' 'intend,' 'expect,' 'believe,' 'estimate,' 'predict,' 'potential,' 'plan,' 'is designed to' or similar expressions suggesting future outcomes or the negative thereof or similar variations. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements, including business, economic and capital market conditions; the ability to manage our operating expenses, which may adversely affect our financial condition; our ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for our products; and our relationships with our customers, distributors and business partners. Neither we nor any of our representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither we nor any of our representatives shall have any liability whatsoever, under contract, tort, trust or otherwise resulting from the use of the information in this news release or for omissions from the information in this news release. About POSaBIT POSaBIT (CSE: PBIT, OTC: POSAF) is a FinTech, working exclusively within the cannabis industry. We provide a best-in-class Point-of-Sale solution and are the leading cashless payment provider for cannabis retailers. We work tirelessly to build better financial services and transaction methods for merchants. We bring cutting-edge software and technology to the cannabis industry so that all merchants can have a safe and compliant set of services to solve the problems of a cash-only industry. For additional information, visit
Yahoo
5 hours ago
- Yahoo
Why Cathie Wood's ARK Invest And Others Are Betting On Pony.AI
Pony AI Inc. (NASDAQ:PONY), a Chinese autonomous driving startup, is drawing strong support from global investors as it scales its robotaxi fleet and advances toward profitability. The company's growth trajectory comes at a time when many U.S. funds remain cautious on Chinese tech assets. Recent filings show ARK Invest, led by Cathie Wood, invested nearly $12.9 million in this month. It is the firm's first direct stake in a Chinese company focused exclusively on Level 4 autonomous driving. ARK wasn't alone in backing Filings show that the robotaxi firm attracted at least 14 major global investors in the second quarter, including Baillie Gifford and Nikko Asset Management, which were noted for their big wins on Tesla (NASDAQ:TSLA), Tencent, Alibaba (NYSE:BABA), and Meituan (OTC:MPNGY).In the second quarter, recorded a 158% year-over-year increase in robotaxi revenue, fueled by production of its seventh-generation fleet. CEO James Peng said the new models are 70% cheaper to build than earlier versions and deliver significantly lower operating costs. The company aims to operate 1,000 vehicles by the end of the year, a level it believes will secure unit-level profitability. has become the only operator with fully driverless commercial permits in all four of China's largest cities, Beijing, Shanghai, Guangzhou, and Shenzhen. Regulators recently allowed it to charge fares in parts of Shanghai's Pudong district. In a major boost to adoption, struck a partnership to integrate ride-hailing into Tencent's WeChat platform, which has over one billion active users. Analysts have noted progress. Goldman Sachs issued a buy rating with a $24.50 forecast, projecting more than 50% upside from mid-August levels. UBS analysts estimate China's robotaxi market could reach $183 billion by the late 2030s, with international markets outside the U.S. adding nearly $400 billion. The investment reflects ARK's conviction that autonomous ride-hailing could be transformative. The firm projects the sector could become a $10 trillion global market by 2030. Wood's strategy spans multiple disruptive themes, as highlighted by her fund's recent decision to add more Amazon shares alongside its bet. Price Action: At last check Monday, PONY shares were trading lower by 1.39% at $15.64. Read Next:Photo by Tada Images via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Why Cathie Wood's ARK Invest And Others Are Betting On originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
