Latest news with #YEG
CTV News
3 days ago
- CTV News
Flights temporarily grounded in Edmonton due to bomb threat
Several flights out of Edmonton and many more across the country were delayed on Thursday after bomb threats were received at Canadian airports. Several flights out of Edmonton and many more across the country were delayed on Thursday after bomb threats were received at Canadian airports. Edmonton International Airport (YEG) was one of several across the country to receive a bomb threat Thursday morning. According to NAV Canada, threats were also made in Ottawa, Montreal, Winnipeg, Calgary and Vancouver. The locations temporarily grounded flights. NAV Canada said 'a number' of sites were also evacuated. 'Following the evacuation of a number of our sites and subsequent threat assessment by authorities, service is gradually resuming at affected sites,' NAV Canada said in a statement at 7:20 a.m. MT. 'Travellers are advised to check directly with their airline for the latest updates, as delays are expected. We thank airlines and passengers for their patience as we work towards normal operations.' A spokesperson for the airport told CTV News Edmonton the event had a 'minimal impact' on its operations. As of 8 a.m., a handful of both arrivals and departures in Edmonton were delayed.
Yahoo
07-05-2025
- Business
- Yahoo
Is Now An Opportune Moment To Examine Yorkton Equity Group Inc. (CVE:YEG)?
Yorkton Equity Group Inc. (CVE:YEG), is not the largest company out there, but it saw a decent share price growth of 11% on the TSXV over the last few months. The recent jump in the share price has meant that the company is trading around its 52-week high. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Today we will analyse the most recent data on Yorkton Equity Group's outlook and valuation to see if the opportunity still exists. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. What Is Yorkton Equity Group Worth? Good news, investors! Yorkton Equity Group is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. we find that Yorkton Equity Group's ratio of 4.08x is below its peer average of 9.08x, which indicates the stock is trading at a lower price compared to the Real Estate industry. What's more interesting is that, Yorkton Equity Group's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. See our latest analysis for Yorkton Equity Group What does the future of Yorkton Equity Group look like? TSXV:YEG Earnings and Revenue Growth May 7th 2025 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. However, with a negative profit growth of -18% expected over the next couple of years, near-term growth certainly doesn't appear to be a driver for a buy decision for Yorkton Equity Group. This certainty tips the risk-return scale towards higher risk. What This Means For You Are you a shareholder? Although YEG is currently trading below the industry PE ratio, the negative profit outlook does bring on some uncertainty, which equates to higher risk. Consider whether you want to increase your portfolio exposure to YEG, or whether diversifying into another stock may be a better move for your total risk and return.
