SWY.TO - Stornoway Diamond Corporation

Toronto - Toronto Delayed Price. Currency in CAD
0.0200
0.0000 (0.00%)
At close: 4:15PM EDT
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Previous Close0.0200
Open0.0100
Bid0.0100 x 0
Ask0.0100 x 0
Day's Range0.0100 - 0.0200
52 Week Range0.0100 - 0.4100
Volume15,947,741
Avg. Volume1,920,301
Market Cap18.532M
Beta (3Y Monthly)0.74
PE Ratio (TTM)N/A
EPS (TTM)-0.7580
Earnings DateJul 10, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.05
  • GlobeNewswire

    Stornoway Granted Initial CCAA Order

    LONGUEUIL, Quebec, Sept. 09, 2019 -- Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) announced today that the Corporation and its subsidiaries.

  • GlobeNewswire

    Stornoway Files for Creditor Protection Under the CCAA

    LONGUEUIL, Quebec, Sept. 09, 2019 -- Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) announced today that the Corporation and its subsidiaries.

  • CNW Group

    IIROC Trading Halt - SWY

    IIROC Trading Halt - SWY

  • GlobeNewswire

    Stornoway Receives Notice of Delisting Review by TSX

    LONGUEUIL, Quebec, Aug. 22, 2019 -- Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) announced today that the Toronto Stock Exchange (“TSX”) has.

  • GlobeNewswire

    Stornoway Reports Second Quarter 2019 Financial Results

    The non-cash revenues of $148.7 million is comprised of $13.3 million of Stream amortisation and an increase in revenue of $135.4 million resulting from a reduction in contract liabilities related to the upfront proceeds received by the Corporation under the Amended Stream agreement in consideration for future commitments to deliver diamonds at contracted prices (Comparative Quarter - $13.5 million). Cash operating cost per carat recovered1 was $63.8, compared to $147.7 in the Comparative Quarter. Cash operating cost per tonne processed1 and per carat recovered1 decreased due to the ramp up of underground operations, the improved mix of ore sent to the process plant and cost reduction initiatives.

  • GlobeNewswire

    Stornoway Announces Second Quarter 2019 Production and Sales Results

    Second quarter diamond sales represent diamonds recovered during the first quarter. Second quarter diamond production was 463,136 carats recovered from the processing of 695,934 tonnes of ore at an average grade of 67 carats per hundred tonnes (“cpht”). Patrick Godin, President and CEO of Stornoway, commented “During the second quarter, both mining and processing operations at Renard have demonstrated strong performance, with an average ore hauling rate of 6,813 tonnes per day from the underground mine, and an average processing rate well above the budgeted rate.

  • GlobeNewswire

    Stornoway Announces Bridge Financing

    LONGUEUIL, Quebec, June 11, 2019 -- Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) announced today that: Stornoway along with its material.

  • Thomson Reuters StreetEvents

    Edited Transcript of SWY.TO earnings conference call or presentation 14-May-19 12:30pm GMT

    Q1 2019 Stornoway Diamond Corp Earnings Call

  • GlobeNewswire

    Stornoway Announces a Change to Its Board of Directors

    It is with regret that Mr. Hadjigeorgiou concluded that professional commitments prior to his appointment to the Board of Directors of the Corporation would not allow him to meet the extraordinary, short-term and unexpected investment of time required by each of the Corporation’s Board members given the challenges that the Corporation is currently facing. In this context, Mr. Hadjigeorgiou considered preferable to resign from the Corporation’s Board of Directors. It is located approximately 250 km north of the Cree community of Mistissini and 350 km north of Chibougamau in the James Bay region of north-central Québec.

  • GlobeNewswire

    Stornoway Announces Results From Annual General Meeting

    LONGUEUIL, Québec, May 15, 2019 -- Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) announces the results of the vote at its annual general.

  • GlobeNewswire

    Stornoway Reports First Quarter 2019 Financial Results

    For the three months ended March 31, 2019, the Corporation reported a net loss of $48.4 million ($ (0.05) per share on a basic and fully diluted basis). Adjusted net loss1 for the first quarter was $51.0 million ($(0.05) per share basic and fully diluted). For the first quarter, the Corporation reported adjusted EBITDA1 of $13.4 million, or 25.2% of revenues, which includes an $8.9 million write-down of cash costs to bring inventory to its net realizable value.

  • GlobeNewswire

    Renard Team Wins All Awards at the Québec Provincial Mine Rescue Competition

    The Renard Mine team won all awards: “Best BG4 Breathing Apparatus Mechanic”, “Best Theoretical and Technical Performance”, “Best First Aid Performance”, “Best Team Management” and “Best Team in the Field”. Patrick Sévigny, Stornoway’s Vice President, Operations, commented: “This second championship is a testament to the very high level of skill of all our Renard Mine rescuers. The Renard Diamond Mine is Quebec’s first producing diamond mine and Canada’s sixth.

  • GlobeNewswire

    Stornoway Announces First Quarter Financial Results Release Date

    Average annual diamond production is forecast at 1.8 million carats per annum over the first 10 years of mining. Readers are referred to the technical report dated January 11, 2016, in respect of the September 2015 Mineral Resource estimate, and the technical report dated March 30, 2016, in respect of the March 2016 Updated Mine Plan and Mineral Reserve Estimate for further details and assumptions relating to the project. Stornoway is a leading Canadian diamond exploration and production company listed on the Toronto Stock Exchange under the symbol SWY and headquartered in Montreal.

  • GlobeNewswire

    Stornoway Announces Changes to Senior Management

    LONGUEUIL, Québec, April 17, 2019 -- Stornoway Diamond Corporation (TSX-SWY) (the “Corporation” or “Stornoway”) announces the appointment of Mr. Dino Rambidis as Chief.

  • GlobeNewswire

    Clarification From Stornoway

    The Corporation did not announce the closure of its Renard Mine, but only the temporary suspension of open pit mining operations at its Renard 65 ore body, one of the 3 ore bodies currently in operation at the Renard Mine, and the only ore body currently mined by open pit. The Renard underground mine, which extracts kimberlite from the Renard 2 and Renard 3 kimberlite pipes, provides approximately 93% of the mine's total production.

  • GlobeNewswire

    Stornoway Reports First Quarter 2019 Production and Sales Results

    In terms of total carats sold, pricing and gross proceeds, this represents increases of 38%, 8% and 47% over the fourth quarter of 2018, respectively. First quarter diamond sales represent diamonds recovered during the fourth quarter of 2018. First quarter diamond production was 444,562 carats recovered from the processing of 582,613 tonnes of ore at an average grade of 76 cpht.

  • Reuters

    CANADA STOCKS-TSX set to end 5-day rally as financials fall, USMCA worries

    Canada's main stock index was on track to snap a five-day run of gains on Monday after financial stocks declined and as the chances of ratifying a pact between the United States, Mexico and Canada this ...

  • Reuters

    CANADA STOCKS-Energy shares drive TSX to seven-month highs

    Canada's main stock index rose for the fifth straight session on Friday as energy stocks gained and a rebound in U.S. jobs growth in March eased slowdown concerns in the world's largest economy. * At 9:40 ...

  • Thomson Reuters StreetEvents

    Edited Transcript of SWY.TO earnings conference call or presentation 28-Mar-19 3:00pm GMT

    Q4 2018 Stornoway Diamond Corp Earnings Call

  • GlobeNewswire

    Stornoway Reports Fourth Quarter and 2018 Financial Results

    For the year ended December 31, 2018, Stornoway reported Net loss $329.4 million ($ (0.39) per share on a basic and fully diluted basis), compared to Net loss of $114.2 million in 2017 ($ (0.14) per share basic and fully diluted). Included in 2018 results is (i) a non‐cash impairment charge of $83.2 million, (ii) a deferred income tax expense of $77.4 million and (iii) costs of goods sold of $227.1 million, $58.1 million of which is a write-down on inventory to bring it to its net realizable value, all reflecting lower diamond price environment than was originally forecasted by the Corporation. Adjusted Net Loss1 for the fourth quarter was $ 28.6 million and $ 133.8 million for the year.

  • GlobeNewswire

    Stornoway Announces FY2018 Results Release Date

    LONGUEUIL, Quebec, March 19, 2019 -- Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) expects to release its Fourth Quarter and year end 2018 results.

  • Is Stornoway Diamond Corporation’s (TSE:SWY) Balance Sheet A Threat To Its Future?
    Simply Wall St.

    Is Stornoway Diamond Corporation’s (TSE:SWY) Balance Sheet A Threat To Its Future?

    Investors are always looking for growth in small-cap stocks like Stornoway Diamond Corporation (TSE:SWY), with a market cap of CA$175m. However, an important fact which most ignore is: how financiallyRead More...

  • GlobeNewswire

    Stornoway Announces Appointment of Vice President, Operations

    With more than 25 years of experience in the mining sector, Mr. Sévigny holds a Bachelor’s degree in mining engineering. In this role, Mr. Sévigny has been a key contributor and leader in the start-up of both open-pit and underground operations.

  • GlobeNewswire

    Stornoway Announces Two Board Appointments

    Mr. Lacroix has over thirty years of experience in business and law and has a great expertise in corporate governance. Mr. Lacroix served as President and Chief Executive Officer of CBC/Radio-Canada from January 2008 to June 2018, as Special Counsel at Stikeman Elliott from 2005 to 2008, and as Executive Chairman at Telemedia and other companies of its group from 2000 to 2005.

  • GlobeNewswire

    Stornoway Announces Fourth Quarter and 2018 Production and Sales Results, and 2019 Guidance

    Fourth quarter diamond sales represent diamonds mainly recovered during the third quarter. FY2018 diamond production of 1.32 mcarats recovered from the processing of 2.33 mtonnes of ore at an attributable grade of 57 cpht. FY2018 run-of-mine diamond sales of 1.04 mcarats sold in nine tenders for gross proceeds1 of $141 million, at an average price of US$105 per carat ($136 per carat3).