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Diversified Royalty Reports Revenue Of $6.3 million in Q2 2020
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Diversified Royalty Corp (TSX:DIV) has a short interest ratio of 3.58 which means investors think the price is to increase in the near-term. This means the sentiments are bullish on the stock. The company has released its Q2 2020 results in which it reported revenue of $6.3 million and $7.5 million in adjusted revenue. For the six months ending June 30, 2020, the company posted revenue of $13.6 million compared to 1H 2019. The company declared a dividend of 0.0405 per share in the quarter which dropped from $0.6 in Q2 2019.
During the second quarter, the company closed a $9 million senior credit facility that was used in refinancing acquisition of certain trademark and IP rights used by Oxford Learning centers.
Lucara Diamond Enters Agreement with HB Group For The 10.8 Carats Diamonds
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Lucara Diamond Corp (TSX:LUC) stock is currently looking bullish and its short-interest ratio is 3.43 which means investors think the price is to increase in the near-term. The company signed a definitive diamond supply agreement with HB Group for the rest of 2020. This is with respect to the production of diamonds over 10.8 carats from the 100% owned Karowe Mine in Botswana. The large 10.8-carat diamonds from the mine account for around 70% of the company's annual revenues.
The company has announced that it will release its Q2 2020 results on August 10, 2020, after the market closes. Lucara will host a webcast and conference call on August 11, 2020, to discuss the results.
Horizon North Logistics To Release Q2 2020 Results On August 11
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Another stock that is looking bullish currently is Horizon North Logistics Inc (TSX: HNL). Its short interest ratio is 1.08 implying that investors are optimistic the price will increase in the near-term. The company announced that it will release its Q2 2020 results on August 11, 2020, after the market close with a conference call to discuss the results schedule on August 12, 2020, 10:00 AM Easter Time.
Recently the company also announced voting results from its annual shareholders' meeting that was held virtually on July 10, 2020. All matter presented for approval at the meeting were affirmed with the eight nominees for director all approved to hold office until the next AGM or when a successor is appointed or elected.
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COMTEX_369165495/2700/2020-08-10T08:51:20
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