|Bid||0.1750 x 0|
|Ask||0.1800 x 0|
|Day's Range||0.1750 - 0.1800|
|52 Week Range||0.1700 - 0.5900|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.35|
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.
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...
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.
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.
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).
A $10 million private placement (the “Private Placement”) with Ressources Québec inc. (“RQ”), acting as agent for the Government of Québec, was completed on December 7, 2018. RQ subscribed for 28,571,428 units at a price of $0.35 per unit, each unit comprising one common share of the Corporation (a “Common Share”) and one-half of a common share purchase warrant (each whole common share purchase warrant, a “Warrant”).
Mr. Godin is currently the Corporation’s Chief Operating Officer, and has served in this role since 2010. Ebe Sherkus, the chairman of the Stornoway Board of Directors, commented: “We would like to thank Matt for his service to Stornoway.
Since earlier this year, Stornoway has been conducting a program of drilling and sampling at Renard with the goal of converting certain Mineral Resources to Mineral Reserves, and of accelerating the mining of both the Renard 3 and Renard 4 ore bodies in the Renard mine plan.
The big shareholder groups in Stornoway Diamond Corporation (TSE:SWY) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smallerRead More...
LONDON, UK / ACCESSWIRE / July 24, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equitiesfrom the Metals & Mining industry: Stornoway Diamond, Lithium Americas, NexGen Energy, and Americas Silver. The TSX Venture Exchange shaved off 2.02 points, or 0.28%, to finish at 710.31. Today's stocks of interest consist of: Stornoway Diamond Corporation (TSX: SWY), Lithium Americas Corporation (TSX: LAC), NexGen Energy Ltd (TSX: NXE), and Americas Silver Corporation (TSX: USA).
LONDON, UK / ACCESSWIRE / June 26, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Stornoway Diamond, Lithium Americas, NexGen Energy, and Americas Silver. The TSX Venture Exchange shaved off 5.97 points, or 0.79%, to finish at 750.27. Today's stocks of interest consist of: Stornoway Diamond Corporation (TSX: SWY), Lithium Americas Corporation (TSX: LAC), NexGen Energy Ltd (TSX: NXE), and Americas Silver Corporation (TSX: USA).