Small cap Canada focused gold exploration and developmentstockAlexandria Minerals Corp (OTCQB: ALXDF; TSE: AZX.V)has just begun a 30,000 metre drilling program at its Orenada Zone 4 gold project in Val dOr, Quebec. Alexandria Minerals Corp issearching for gold much closer to homefor many investors as the Company has aportfolio ofstrategic properties located in the world-class mining districts of Val dOr, Quebec; Red Lake, Ontario; and Snow Lake-Flin Flon, Manitoba:
Last year, Alexandria Minerals Corp completed an Option/Joint Venture on three of its projects (in Matachewan, Ontario; Chibougamau, Quebec; and eastern Val dOr)to enable the Company to focus on its flagshipwestern Cadillac Break Properties in the Val dOr. Cadillac Break is amajor regional fault zone where mines have produced some 100 million ounces of gold over the past 90 years while the Companys properties themselves have been explored by various operators since the early 1930s with over 2,400 drill holes completed since that time.
stock shares: Sinovac Biotech Ltd.(SVA)
- [By Monica Gerson]
Sinovac Biotech Ltd. (NASDAQ: SVA) is expected to post its quarterly earnings.
Supercom Ltd (NASDAQ: SPCB) is estimated to post its quarterly earnings at $0.15 per share on revenue of $9.03 million.
stock shares: Triple-S Management Corporation(GTS)
- [By Peter Graham]
Small cap Triple-S Management Corp (NYSE: GTS) is an independent licensee of the Blue Cross Blue Shield Association. It is one of the leading players in the managed care industry in Puerto Rico. Triple-S Management has the exclusive right to use the Blue Cross Blue Shield name and mark throughout Puerto Rico, the U.S. Virgin Islands, and Costa Rica. With more than 50 years of experience in the industry, Triple-S Management offers a broad portfolio of managed care and related products in the Commercial, Medicare Advantage, and Medicaid markets under the Blue Cross Blue Shield marks. It also provides non-Blue Cross Blue Shield branded life and property and casualty insurance in Puerto Rico.
stock shares: Phillips 66 Partners LP(PSXP)
- [By Dustin Parrett]
In 2016, PAA partnered with Phillips 66 Partners LP (NYSE: PSXP) to build a $15 million pipeline expansion between Oklahoma and Canada. The new pipeline adds capacity for 100,000 more barrels of oil a day.
- [By Matthew DiLallo]
The other highlight this quarter was the midstream business. That segment benefited from a full quarter of Phillips 66’s recently completed Freeport LPG Export Terminal as well as a turnaround in results at DCP Midstream (NYSE:DCP). After causing the company to record a loss on its investment last quarter, the DCP Midstream investment was back in the green this quarter, benefiting from hedging and lower costs. Meanwhile, the company’s other MLP investment, Phillips 66 Partners (NYSE:PSXP), delivered another steady quarter thanks to that entity’s focus on owning stable fee-based assets.
- [By Jon C. Ogg]
Phillips 66 Partners (NYSE: PSXP) was raised to Buy from Neutral with a $60 price target at Goldman Sachs on December 18. The units were last seen trading at $51.23, and the 5% yield would represent a total return of over 22% if the firm is correct. The 52-week range is $44.40 to $58.00, and the consensus price target is $59.43.
stock shares: Immersion Corporation(IMMR)
- [By Lisa Levin]
Immersion Corporation (NASDAQ: IMMR) shares were also up, gaining 20 percent to $7.18. Immersion disclosed that Vic Viegas has agreed to resign as CEO and as a director. The company named Carl Schlachte as Interim CEO.
- [By Jim Robertson]
On Thursday, our Under the Radar Movers newsletter suggested shorting small cap technology stock Immersion Corporation (NASDAQ: IMMR):
We love how well developed the selling of Immersion shares has been. Rather than a sharp, v-shaped reversal — which may or may not follow through — we’ve seen a bowl-shaped transition from an uptrend to a downtrend. This ups the odds of downside follow-through, as there’s been no price “shock” to invite a sudden wave of buying.
- [By Lisa Levin]
Immersion Corporation (NASDAQ: IMMR) shares were also up, gaining 22 percent to $7.29. Immersion disclosed that Vic Viegas has agreed to resign as CEO and as a director. The company named Carl Schlachte as Interim CEO.