Author: Bella Hayes
Chibougamau Copper-Gold Project, Canada Two diamond drill rigs about to arrive on site as part of strategy to grow the resource and test brownfield exploration targets HIGHLIGHTS: Cygnus has secured additional ground next to its Chibougamau Copper-Gold Project, increasing its total land holding to 282km2 The newly staked areas add to a highly prospective land position which has seen limited modern exploration in the past 20 yearsChibougamau Copper-Gold Project has a Measured and Indicated Mineral Resource of 3.6Mt at 3.0% CuEq and an Inferred Mineral Resource of 7.2Mt at 3.8% CuEq1The Chibougamau district is a world-class mineral terrane with strong…
Investing.com– Most Asian stocks fell on Thursday amid increasing conviction that U.S. interest rates will fall at a slower pace this year, while weak inflation data from China also added to concerns over slowing growth. Regional markets took middling cues from a flat overnight close on Wall Street, as the minutes of the Federal Reserve’s December meeting reiterated the central bank’s hawkish outlook on rates this year. Policymakers were also seen expressing some concerns that expansionary and protectionist policies under President-elect Donald Trump could underpin inflation. U.S. stock index futures fell in Asian trade. Chinese stocks fall as Dec inflation…
Laura A. Fennell, Executive Vice President of People and Places at Intuit Inc. (NASDAQ:), has sold a significant portion of her holdings in the company. According to a recent regulatory filing, Fennell disposed of shares totaling approximately $2.94 million on January 7, 2025. The sales were executed in multiple transactions at prices ranging from $612.68 to $614.90 per share. The transaction comes as Intuit, with its impressive $175 billion market capitalization and strong 79.6% gross profit margins, maintains a “GOOD” financial health rating according to InvestingPro analysis. Following these transactions, Fennell retains ownership of 30,009.62 shares of Intuit common stock…
MINNEAPOLIS—Jay Matushak, Chief Financial Officer of NeueHealth, Inc. (NASDAQ:NEUE), recently sold shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The transaction, dated January 6, involved the sale of 4,970 shares at a weighted average price of $7.33 per share, totaling approximately $36,430. The shares were sold to cover tax withholding obligations upon the vesting of restricted stock units, as noted in the filing. These transactions were not discretionary on the part of Matushak. Following the sale, Matushak holds 17,747 shares of NeueHealth stock. The shares were sold in multiple transactions at prices…
Nithrakashyap Arvind (NS:), Chief Technology Officer of Rubrik, Inc. (NASDAQ:RBRK), a company currently valued at $11.92 billion and showing impressive gains of over 70% in the past year, recently executed significant stock transactions as disclosed in a recent SEC filing. According to InvestingPro analysis, the stock appears overvalued at current levels. On January 6th, Arvind sold 57,809 shares of Rubrik’s Class A Common Stock across several transactions. The shares were sold at prices ranging from $66.55 to $70.06 per share, amounting to a total value of approximately $3.76 million. These prices fall within analysts’ target range of $47 to $83,…
Tesla Inc.’s (NASDAQ:) Chief Financial Officer Vaibhav Taneja recently sold a significant portion of his company stock. According to a recent SEC filing, Taneja sold a total of 7,000 shares of Tesla common stock on January 6, 2025, generating approximately $2.89 million. The sales were executed at prices ranging from $402.854 to $423.135 per share. The transaction comes as Tesla, now valued at $1.27 trillion, trades near $395 per share, with InvestingPro analysis indicating the stock is currently overvalued despite its impressive 68% gain over the past year. In addition to these sales, Taneja exercised options to acquire 7,000 shares…
SAN MATEO, Calif.–(BUSINESS WIRE)–On Friday, January 31, 2025 at approximately 8:30 a.m. Eastern Time, Franklin Resources (NYSE:), Inc. (the Company) [NYSE:BEN] will release its first quarter operating results. A written commentary on the results will also be available via investors.franklinresources.com at approximately 8:30 a.m. Eastern Time. In addition, Jenny Johnson, President and CEO; Matthew Nicholls, Executive Vice President, CFO and COO; and Adam Spector, Executive Vice President – Global Advisory Services and Head of Global Distribution, will lead a live teleconference at 11:00 a.m. Eastern Time to answer questions. Access to the teleconference will be available via investors.franklinresources.com or by…
TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX:XAM, :XAM) (Xanadu or the Company) is pleased to announce that the placement of 26,515,543 fully paid ordinary shares to Jinping (Singapore) Pte Ltd, a wholly owned indirect subsidiary of Zijin Mining Group Co. Ltd (Zijin), at an issue price of A$0.055 per share, completed today. Details of the proposed placement to Zijin were announced to ASX on 14 November 2024 and 5 November 2024. Completion follows the satisfaction of all Conditions Precedent under the Share Subscription Agreement with Zijin, including shareholder approval on 20 December 2024. For further information,…
Derek J. Maetzold, President and CEO of Castle Biosciences Inc . (NASDAQ:), has recently sold company shares amounting to $228,066. The transactions, which took place on January 6 and 7, 2025, involved multiple trades with prices ranging from $28.421 to $30.175 per share. The stock has since surged, showing a remarkable 20.7% gain in the past week, with InvestingPro data indicating the stock is currently trading in overbought territory. The sales were executed under a Rule 10b5-1 trading plan, a pre-arranged plan that allows company insiders to sell a predetermined number of shares at a predetermined time. This plan was…
SAN FRANCISCO—John Koryl, former Chief Executive Officer of TheRealReal, Inc. (NASDAQ:REAL), has sold a significant portion of his holdings in the company. According to a recent SEC filing, Koryl disposed of a total of 396,478 shares of TheRealReal’s common stock on January 6, 2025. The transactions were executed at prices ranging from $9.61 to $9.87 per share, amounting to a total sale value of approximately $3.81 million. The sale comes as the stock has shown remarkable strength, with a 363% return over the past year, though InvestingPro analysis indicates the stock is currently overvalued. Following these transactions, Koryl no longer…