Page 4 - Stephen Hytha News Today

Shares of Alcoa Corp. traded 15% higher to a new 52-week high after the company reported it achieved record net income of $337 million and earnings per share of $1.76 in Q3/21. The firm advised it is instituting a new $0.10 per share quarterly dividend and is raising its corporate share buyback program by $500 million.

Shares of Alzamend Neuro Inc. traded 36% higher after the company reported that the U.S. FDA responded favorably to its Pre-IND application for AL002, a cell-based therapeutic vaccine designed to restore patients immunological systems, providing them with the ability to combat Alzheimers Disease. The FDA has granted the firm approval to initiate a combined Phase 1/2 clinical trial in Q1/22.

Clarus Securities Inc. stated in a research report that Emerita Resources Corp.s initial drill results from La Infanta confirm historic high grades and represent a resource with significant growth potential.

Source: Streetwise Reports  (7/26/21) Shares of Lynas Rare Earths Ltd. traded 10% higher after the company reported record revenue in Q4/21 due to continued strong global demand for NdPr products. The companys CEO and Managing Director Amanda Lacaze commented, "I am very pleased to report excellent results for the June quarter." Lacaze advised that the company achieved record sales revenue in Q4/21 of A$185.9 million along with record sales receipts totaling A$192 millio...

RH, formerly Restoration Hardware Holdings, Inc., shares traded 15% higher after the company reported Q1/21 financial results that included a 78% increase in YoY total revenue.

Shares of Orbital Energy Group Inc. traded 115% higher after the company reported its subsidiary Gibson Technical Services secured a contract to provide approximately 700 miles of turnkey engineering and construction services across Central Mississippi.

Vertex Energy Inc. shares rose 95% to a new 52-week high after an H.C. Wainwright analyst raised the price target on the firm from $4.00 to $25.00 per share following the announcement that Vertex agreed to buy the Mobile refinery assets from Royal Dutch Shell for $75 million.

Tellurian Inc. shares traded 18% higher after the company reported it entered into an agreement with Gunvor Singapore Pte. Ltd. to provide 3 million metric tons of liquefied natural gas yearly, representing the equivalent of approximately $12 billion in revenue over the 10-year term.

URL TICKERS: OCG; OCGSF; MRG1 Explorer Strikes over 2 Kg/Tonne Silver Equivalent in 3 of 5 Holes Drilled at Colombia Property News Update Streetwise Reports  (5/13/21) Outcrop Gold Corp. reported high-grade drill results from La Ivana in its Santa Ana project in Colombia that included intercepts of 0.7 meters of 8,584 g/t silver equivalent and 1.0 meter of 2,731 g/t silver equivalent. Outcrop La Ivana Outcrop Gold Corp. (OCG:TSX.V; OCGSF:OTCPK; MRG1:DE), in a news release announced ...

IGT Shares Gain 16% After Posting 25% Increase in Q1 Revenue Source: Streetwise Reports  (5/11/21) International Game Technology Plc shares reached a new 52-week high after the company reported financial results for Q1/21 that included a 48% YoY increase in global lottery revenue. End-to-end global gaming company International Game Technology Plc (IGT:NYSE) today announced financial results for the first quarter of 2021 that ended March 31, 2021. The firms CEO Marco Sala ...