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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 Alzheimer's 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 company's 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 million. These sales and receipt levels were up significantly from A$110 million and A$133 million, respe...
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.