Canadian Aerospace & Defense Stock News

Silvercorp Metals (TSX:SVM) announced significant positive quarterly performance, with sales rising to USD 84 million and net income more than doubling to USD 26 million compared to the previous year. This news coincided with the company's share repurchase effort, contributing to the notable 17% increase in its share price last quarter. Despite a general market downturn linked to geopolitical tensions and tariff concerns affecting broader indices, Silvercorp's increased silver and gold...

At the recent Annual General Meeting held on April 3, 2025, Canadian Imperial Bank of Commerce (TSX:CM) shareholders approved amendments to By-Law No. 1 concerning directors' remuneration and administrative matters, highlighting the company's focus on governance improvement. Despite the broader market experiencing a significant downtrend due to global tariff fears, leading to a 5.6% decline in the market, CIBC's stock showed resilience with a 1% increase over the past week. This positive...

As the Canadian market grapples with trade uncertainty and inflation concerns, investors are keeping a close eye on opportunities that balance risk and reward. Penny stocks, though often overlooked due to their vintage name, continue to offer intriguing potential for those willing to explore smaller or newer companies with solid financial foundations. In this article, we spotlight three such penny stocks that may present promising prospects for long-term growth.

Enbridge (TSX:ENB) recently announced a partnership with WhiteWater and MPLX LP on the Traverse Pipeline project, which will enhance gas transport options. Over the past month, the company's shares increased by 6%, contrary to a broader market downturn amid escalating global trade tensions linked to recent tariffs. The executive appointment of Steven W. Williams as Chair could have also positively influenced investor sentiment towards Enbridge. While most major indexes faced significant...

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...

International Petroleum Corporation ( TSE:IPCO ) shareholders might be concerned after seeing the share price drop 14...

When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...

Key Insights Significant insider control over Cresco Labs implies vested interests in company growth 61% of the company...

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 15x, you may consider Lycos...

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Key Insights The considerable ownership by retail investors in Sprott indicates that they collectively have a greater...

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Altus Group Limited ( TSE:AIF ) shareholders might be concerned after seeing the share price drop 12% in the last...

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Key Insights Institutions' substantial holdings in MEG Energy implies that they have significant influence over the...

Key Insights The considerable ownership by individual investors in Gibson Energy indicates that they collectively have...

With a price-to-sales (or "P/S") ratio of 0.3x Frontera Energy Corporation ( TSE:FEC ) may be sending bullish signals...

Bird Construction Inc.'s ( TSE:BDT ) price-to-earnings (or "P/E") ratio of 11.4x might make it look like a buy right...

Key Insights NFI Group's significant retail investors ownership suggests that the key decisions are influenced by...

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...