Day: May 6, 2020
(All monetary figures are expressed in U.S. dollars unless otherwise stated)TORONTO, May 06, 2020 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today announced its operating and financial results for the first quarter of 2020.First Quarter Financial and Operating Highlights: Strong metals production – Produced 72,963 ounces of gold in concentrate, with Ada Tepe delivering its highest quarterly production to date and Chelopech continuing its track record of consistent performance. Copper production was 9.4 million pounds;Near-record smelter performance – Achieved throughput of 65,010 tonnes at Tsumeb, its second highest quarterly production on record;Solid cost performance at all operations – Reported...
INTL FCStone Inc. Reports Fiscal 2020 Second Quarter Financial Results
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Record Quarterly Operating Revenues of $366.8 million, up 35%Record Quarterly Net Income of $39.3 million, up 68%EPS of $2.00 per share, ROE of 24.9%NEW YORK, May 06, 2020 (GLOBE NEWSWIRE) — INTL FCStone Inc. (the ‘Company’; NASDAQ: INTL), a diversified brokerage and financial services firm providing execution, risk management and advisory services, market intelligence and clearing services across asset classes and markets globally, today announced its financial results for the fiscal year 2020 second quarter ended March 31, 2020.Sean M. O’Connor, CEO of INTL FCStone Inc., stated, “We managed to navigate the unprecedented market volatility and produce record results at nearly every level which is validation of our business model, our client first philosophy and our risk management approach. Our focus is to remain vigilant as we...
The Pennant Group to Present at Upcoming Investor Conferences
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EAGLE, Idaho, May 06, 2020 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it will participate in two upcoming investor conferences.Daniel Walker, Chief Executive Officer and President, Jennifer Freeman, Chief Financial Officer and Derek Bunker, Chief Investment Officer, are scheduled to participate in the virtual Bank of America Merrill Lynch Global Healthcare Conference on May 14, 2020, at 1:40 p.m. Eastern Time.Jennifer Freeman, Chief Financial Officer, John Gochnour, Chief Operating Officer, and Brent Geurisoli, President of Pennant’s home health and hospice portfolio company, are scheduled to participate in a fireside chat at the 2020 RBC Capital Markets Global Healthcare Virtual Conference...
Battalion Oil Corporation Announces Borrowing Base Redetermination and Q1 2020 Earnings Conference Call Details
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Houston, May 06, 2020 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSEA: BATL, “Battalion” or the “Company”) today announced it has entered into an agreement with Bank of Montreal (“BMO”) to amend its revolving credit facility to, among other things, reduce the Company’s borrowing base to $200 million effective April 30, 2020 and further reduce the borrowing base by $5 million each month from September 1, 2020 until November 1, 2020. Further details regarding this amendment are contained in a Current Report on Form 8-K filed with the SEC on May 6, 2020.Management CommentaryRichard Little, the Company’s Chief Executive Officer commented, “BMO remains an excellent partner and I want to thank them for the support they continue to provide at a critical time in our industry and for the vote of confidence this represents in our plans...
The Pennant Group Announces First Quarter 2020 Earnings Release and Call
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EAGLE, Idaho, May 06, 2020 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its first quarter 2020 financial results on Wednesday, May 13, 2020.Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Thursday, May 14, 2020, at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time), during which Pennant’s management will discuss its first quarter 2020 results.To listen to the webcast, or to view any financial or other statistical information required by SEC Regulation G, please visit the Investor Relations section of our website at http://investor.pennantgroup.com. The webcast will be recorded, and will be available for replay...
SWM ANNOUNCES FIRST QUARTER 2020 RESULTS
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Alpharetta, May 06, 2020 (GLOBE NEWSWIRE) — Schweitzer-Mauduit International, Inc. (“SWM” or the “Company”) (NYSE: SWM) reported earnings results for the three month period ended March 31, 2020.Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period and are from continuing operations. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), “organic” – excluding acquisition benefit, “Tekra” – the Tekra and Trient businesses acquired in March 2020First Quarter 2020 Financial Results SummaryTotal sales were $261.5 million, up 1%GAAP operating profit was $34.1 million, or 13.0% of sales, up 12%Adjusted operating profit was...
Endeavour Silver Reschedules to Report First Quarter 2020 Financial Results and Conference Call on May 8, 2020
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VANCOUVER, British Columbia, May 06, 2020 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) has rescheduled the release of its first quarter 2020 financial results for Friday May 8, 2020, before market and Management will host a telephone conference call the same day at 10:00am PT (1:00pm ET). To participate in the conference call, please dial the numbers below. No pass code is necessary.Toll-free in Canada and the US: 1-800-319-4610Local Vancouver: 604-638-5340Outside of Canada and the US: +604-638-5340A replay of the conference call will be available by dialing 1-800-319-6413 in Canada and the US (toll-free) or +604-638-9010 outside of Canada and the US. The required pass code is 4368#. The audio replay and a written transcript will be available on the Company’s website at www.edrsilver.com under the Investor...
SMART Global Holdings Announces Upcoming Investor Events
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NEWARK, Calif., May 06, 2020 (GLOBE NEWSWIRE) — SMART Global Holdings, Inc. (“SMART” or the “company”) (NASDAQ: SGH), today announced that it will participate in the following investor events:About SMART Global HoldingsThe SMART lines of business are leading designers and manufacturers of electronic products focused on memory and computing technology areas. The company specializes in application specific product development and support for customers in enterprise, government and OEM sales channels. Customers rely on SMART as a strategic supplier with top tier customer service, product quality, and technical support with engineering, sales, manufacturing, supply chain and logistics capabilities worldwide. The company targets customers in markets such as communications, storage, networking, mobile, industrial automation, industrial...
SJI Reports First Quarter 2020 Results
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FOLSOM, May 06, 2020 (GLOBE NEWSWIRE) —SJI Reports First Quarter 2020 Results2020 Ongoing Guidance AffirmedFOLSOM, NJ (May 6, 2020) – SJI (NYSE: SJI) today reported operating results for the first quarter ended March 31, 2020. Highlights include:First Quarter 2020 GAAP earnings of $1.09 per diluted share compared to $0.94 per diluted share in 2019First Quarter 2020 Economic Earnings* of $1.15 per diluted share compared to $1.09 per diluted share in 2019First quarter results reflect increased profitability from Utility operations partially offset by decreased profitability from Non-Utility operations and impact of financing activitiesCOVID-19: Operations and delivery of natural gas to customers has not been materially impacted; incremental operating costs have been incurred for emergency response; some construction activity has...
New Era Updates Private Placement
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BEIJING, China, May 06, 2020 (GLOBE NEWSWIRE) — New Era Minerals Inc. (TSXV: NEM) (the “Company”) announced today that it has extended the date for completing its previously announced proposed non-brokered private placement of up to 17,000,000 common shares at C$0.05 per share by up to 30 days. The extension is required to provide additional time for closing logistics and the private placement and previously announced proposed debt settlement are expected to be completed shortly. Net proceeds from the private placement will be used for working capital and other general corporate purposes. About New EraNew Era Minerals Inc., through its wholly-owned subsidiary, Haijin International Group Limited, owns 95% of Xinjiang Yongkun Mining Co., Ltd (“Yongkun”). Yongkun’s principal activities are the exploration, evaluation and development...