As investors closely monitor inflation trends and central bank meetings, the Canadian market faces potential volatility after a strong rally. Amidst these conditions, identifying stocks with solid financials becomes crucial for navigating uncertain times. Penny stocks, though often associated with smaller or newer companies, can offer unique growth opportunities when backed by robust fundamentals. In this article, we explore several penny stocks that stand out for their financial strength and...
If you are following Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN), there has been a wave of activity that is getting investors talking. The trust recently announced a sweeping set of property acquisitions valued at $214 million, while also selling off some non-core assets for a combined $82.5 million. By moving into the prestigious West Vancouver market and securing modern rental properties in Regina, CAPREIT is sending a strong signal that it is committed to...
Lightspeed Commerce (TSX:LSPD) is making headlines once again, this time for agreeing to a CAD 11 million settlement after accusations it misled investors on growth metrics, customer numbers, and how it compares to competitors. The news traces back to a short-seller’s claims that Lightspeed had been portraying a more optimistic picture of its fundamentals than some believed was warranted. While the company denies any wrongdoing, this agreement is intended to compensate shareholders affected...
National Bank of Canada recently reported mixed third-quarter results, announced a new buyback program for up to 8 million shares, and affirmed both common and preferred dividends.
This combination of capital return initiatives and evolving financial performance highlights the bank’s multifaceted approach to balancing shareholder returns and operational priorities.
We'll explore how these developments, particularly the launch of the share repurchase program, impact the bank's investment...
Lundin Mining (TSX:LUN) just wrapped up a busy quarter, announcing updates on its share capital and confirming the continuation of its share buyback program. The company also reported its second quarter earnings and declared a dividend, all while doubling down on exploration and expansion projects across its operations. With disciplined acquisition plans still in focus, these moves are giving investors fresh insight into Lundin’s evolving strategy and long-term goals.
This string of...
