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Ardelyx to Receive $5M Milestone Payment as Japan Partner Initiates Phase 3 Source: Streetwise Reports  (4/15/21) Ardelyx Inc. shares traded 11% higher after Kyowa Kirin Co. Ltd., its collaborative partner in Japan, initiated four Phase 3 clinical trials of tenapanor for treatment of hyperphosphatemia. Biopharmaceutical company Ardelyx Inc. (ARDX:NASDAQ), which concentrates its efforts on the development of medicines to treat kidney and cardiorenal diseases, today announced that its collaboration partner in Japan, Kyowa Kirin Co., Ltd. (4151:TSE) "has initiated four Pha...

Research Report Streetwise Reports  (4/15/21) Liberty Gold Corp. released an updated resource report for its gold-copper project in Turkey, increasing the resource three-fold, which according to Haywood Capital Markets may help to strengthen funding sources for development work at its flagship Black Pine Gold Project in Idaho. Haywood Capital Markets analyst Geordie Mark reported in an April 6 research note that the firm is reiterating its "Buy" rating on Liberty Gold Corp. (LGD:TSX) ahead of the company's maiden resource report for its Black Pine Gold Project in southern Idaho, whi...

Research Report Streetwise Reports  (4/14/21) Dawson James Securities advised it is maintaining its "Buy" rating after Sorrento Therapeutics announced the acquisition of ACEA Therapeutics for $38 million in stock. In an April 6 research note, Dawson James Securities Inc.'s Head Healthcare Research Analyst Jason K. Kolbert reported that Sorrento Therapeutics Inc. (SRNE:NASDAQ) announced that it entered into an agreement to acquire late-stage oncology company ACEA Therapeutics for $38 million in stock. Kolbert stated that the ACEA merger will give Sorrento access to (oral) Abivertinib...

Explorer Upgraded to 'Outperform' after Enlarging Inferred Gold Resource Research Report Streetwise Reports  (4/1/21) BMO Capital Markets advised that it has raised its rating on Calibre Mining Corp. to an Outperform after the firm successfully increased its mineral reserves and thereby considerably extended the projected mine life at two of its Nicaraguan gold projects. In a March 29 research note, BMO Capital Markets research analyst Brian Quast reported that the firm is upgrading gold exploration and development company Calibre Mining Corp. (CXB:TSX; CXBMF:OTCQX) to "Outperform."...

New Fortress Energy Shares Amp Up on Q4/FY Financial Results Source: Streetwise Reports  (3/16/21) Shares of New Fortress Energy traded 28% higher after the company reported Q4/20 and FY/20 financial results that included a 119% increase in fully year operating revenues. Late yesterday evening, integrated gas-to-power company New Fortress Energy Inc. (NFE:NASDAQ)announced financial results for the fourth quarter and full year 2020 ended December 31, 2020. In addition, New Fortress Energy stated that its Board of Directors declared a Q1/21 common stock dividend of $0.10 ...