|Bid||4.11 x 0|
|Ask||4.17 x 0|
|Day's Range||4.16 - 4.16|
|52 Week Range||3.07 - 5.16|
|Beta (3Y Monthly)||-0.59|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 14, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
MINNEAPOLIS, MN , Nov. 13, 2018 /CNW/ - Ceres Global Ag Corp. (CRP.TO) ("Ceres" or the "Corporation") today announced its financial and operating results for the quarter ended September 30, 2018 . "Operating results, excluding the Scoular litigation settlement and associated fees and costs in Q1 2019, marked our best quarter since Ceres began the turnaround of its U.S. business and development of the Northgate site three and a half years ago," said Robert Day , President and Chief Executive Officer of Ceres.
The agreement, effective July 1, 2019 , includes established storage fees, in/out handling fees and minimum volumes to be handled. Ceres will continue to operate the elevator and will provide a full range of services to LAC and its customers, including receiving product by truck and rail, drying, storing, and loading product into truck, rail or vessel. "This agreement connects the Port Colborne elevator to LAC's vast origination network in Ontario and will allow Ceres to more effectively utilize its capacity and capabilities," said John Carroll , Vice President of Risk Management and Trading at Ceres.
MINNEAPOLIS, MN , Oct. 5, 2018 /CNW/ - Ceres Global Ag Corp. ("Ceres" or the "Company") (CRP.TO) today announced that it had entered into a settlement agreement with The Scoular Company ("Scoular") to settle the pending lawsuit filed by Scoular against Ceres in the United States District Court of the District of Minnesota . As previously disclosed, Scoular had sought injunctive relief and damages relating to the proposed joint development and construction of a grain facility at the Company's Northgate Commodity Logistics Centre ("Northgate").
MINNEAPOLIS , July 11, 2018 /CNW/ - Ceres Global Ag Corp. (CRP.TO) ("Ceres" or the "Company") announced today that its wholly-owned subsidiary, Riverland Ag Corp., has acquired 100 percent of the equity of Nature's Organic Grist, LLC, a supplier of organic and ancient grains (including cereal grains, pulses and seeds), milled flours, and feed products. The acquisition will be funded from existing working capital. Cash cost of the acquisition in fiscal 2018-19 is approximately $2.8 million , with the potential for further payments to Nature's Organic Grist's former owner based on the future performance of the business. Nature's Organic Grist will continue to operate under its current name as a subsidiary of Ceres.
MINNEAPOLIS , May 24, 2018 /CNW/ - Ceres Global Ag Corp. (CRP.TO) ("Ceres" or the "Company") today announced the appointment of Glen M. Goldman to the position of Vice President, General Counsel and Corporate Secretary. "Due to our plans for growth and the increase in complexity of our business as we build out our supply chains, it made sense to add senior legal expertise and compliance skills to the Company," said Mr. Robert Day , President and Chief Executive Officer at Ceres. Immediately prior to joining Ceres, Mr. Goldman provided legal services to several different companies in the food and agriculture space.
MINNEAPOLIS, MN , May 22, 2018 /CNW/ - Ceres Global Ag Corp. (CRP.TO) ("Ceres" or the "Company") today announced it has received BNSF Railway Company ("BNSF") site certification status at the Company's Northgate Terminal. "The Northgate Terminal is one of only 12 certified sites in North America that have been accepted into the BNSF industrial site certification program," said Robert Day , President and Chief Executive Officer at Ceres.
TORONTO , May 1, 2018 /CNW/ - Ceres Global Ag ("Ceres" or the "Company")(CRP.TO) and Consolidated Grain and Barge Co. ("CGB") today announced an agreement to jointly own and operate a new company called Savage Riverport, LLC. Previously owned and operated by Riverland Ag (a fully-owned and integrated subsidiary of Ceres), the Savage terminal will now be owned and operated as a joint venture between the two companies and will buy, store and ship wheat, corn, soybeans, oats, rye and other products loaded on the TCWR, BNSF, UP and CP railroads, as well as receive truck grain. "Partnering with CGB at the Savage location is a strategic move for Ceres," said Robert Day , President and Chief Executive Officer of Ceres.
WINNIPEG, Manitoba/VANCOUVER (Reuters) - At an Alberta oil loading terminal, a convoy of big rigs are gearing up to haul Canadian crude oil hundreds of miles through bone dry fields across the U.S. border into Montana, where the oil will be transferred to pipelines and rail cars headed south and west. Production has risen in the world's fifth largest producer but full pipelines and a rail car shortage have made it difficult for drillers to ship oil out of Canada. Some oil producers are feeling the pressure from customers.