Canadian Trade Distributors Stock News

TSX:RUS
TSX:RUSTrade Distributors

Russel Metals (TSX:RUS) TTM Earnings Rebound Tests Narrative Of Prolonged Profit Decline

Russel Metals (TSX:RUS) has wrapped up FY 2025 with fourth quarter revenue of C$1.1 billion and basic EPS of C$0.55, alongside trailing twelve month revenue of C$4.6 billion and EPS of C$3.01. The company has seen quarterly revenue range from C$1.0 billion to C$1.2 billion over the last six reported periods, with basic EPS moving between C$0.47 and C$1.07. This gives a clear view of how earnings have tracked alongside the top line heading into this latest print. With net income for the year...
TSX:BMO
TSX:BMOBanks

Is Bank of Montreal (TSX:BMO) Pricing Looked At Differently After Strong Five Year Return?

If you are wondering whether Bank of Montreal is fairly priced at around C$190.78, it helps to step back from the headline share price and look at what you are actually getting for that number. The stock has been relatively steady over the past week with a 0.4% decline, while the 30 day, year to date and 1 year returns of 3.9%, 5.0% and 39.4% highlight how different time frames can paint very different pictures, especially alongside the 62.1% and 137.2% returns over 3 and 5 years. Recent...
TSX:EQX
TSX:EQXMetals and Mining

Reassessing Equinox Gold (TSX:EQX) After A 107% One Year Share Price Surge

If you are wondering whether Equinox Gold is still good value after a strong run, the key question now is how its current share price lines up with what the business looks worth. The stock last closed at C$20.50, with returns of 8.9% over 7 days, 1.2% over 30 days, 8.8% year to date, 106.7% over 1 year and 310.0% over 3 years. This naturally raises questions about how much future upside or downside is already reflected in the price. Recent news coverage has focused on Equinox Gold's position...
TSX:FTS
TSX:FTSElectric Utilities

Fortis (TSX:FTS) Earnings Growth Slowdown Tests Long‑Held Defensive Narrative

Fortis (TSX:FTS) has released its FY 2025 figures, with the latest quarter showing revenue of C$2.9b, net income of C$409m and basic EPS of C$0.81, set against a share price of C$76.32. The company’s quarterly revenue has ranged from C$2.7b to C$3.3b over the past year, while EPS has moved between C$0.67 and C$1.00. This provides investors with a consistent view of earnings power across periods. With trailing 12-month EPS at C$3.37 and net income at C$1.7b, the focus is on steady...
TSX:CSW.A
TSX:CSW.ABeverage

Corby Spirit And Wine Q1 EPS Strength Challenges Longstanding Earnings Decline Narrative

Corby Spirit and Wine (TSX:CSW.A) opened its Q2 2026 reporting window with Q1 fiscal results that showed total revenue of $75.4 million and basic EPS of $0.36, setting a clear benchmark for how the year is shaping up. The company has seen quarterly revenue move from $61.7 million in Q2 2025 to $75.4 million in Q1 2026, while EPS over that stretch ranged from $0.28 to $0.36, and trailing twelve month EPS now sits at $0.99 on $257.1 million of revenue. With net profit margins holding around 11%...
TSX:ADN
TSX:ADNForestry

Acadian Timber (TSX:ADN) Margin Compression In Q3 2025 Challenges Bullish Profitability Narratives

Acadian Timber (TSX:ADN) has released its FY 2025 third quarter scorecard, reporting revenue of $23.0 million, basic EPS of $0.16 and net income of $2.9 million. This is set against a trailing 12-month net profit margin of 17.4% compared with 23.2% in the prior year. Over recent quarters the company has reported revenue of $20.2 million in Q4 2024, $24.8 million in Q1 2025, $17.1 million in Q2 2025 and $23.0 million in Q3 2025. Across the same periods, basic EPS moved from $0.32 to $0.21,...
TSX:GRA
TSX:GRAChemicals

NanoXplore (TSX:GRA) Q2 Loss Extends Profitability Debate Despite Bullish Growth Forecasts

NanoXplore (TSX:GRA) has released its Q2 2026 results, reporting revenue of CA$27.6 million and a net loss of CA$3.8 million, translating to basic EPS of CA$0.02. The company’s quarterly revenue declined from CA$33.1 million in Q2 2025 to CA$27.6 million in Q2 2026, while basic EPS over the same quarters was unchanged at a loss of CA$0.02. These figures frame the context for investors who are weighing expectations for growth against ongoing losses. Against that backdrop, the latest numbers...
TSX:FCR.UN
TSX:FCR.UNRetail REITs

First Capital REIT Q4 FFO Stability Challenges Bearish Narratives On Cash Generation

First Capital Real Estate Investment Trust (TSX:FCR.UN) closed out FY 2025 with Q4 revenue of CA$187.8 million, funds from operations of CA$68.4 million and basic EPS of CA$4.00, while trailing twelve month revenue sat at CA$714.1 million and basic EPS at CA$5.01. Over recent quarters, the trust has seen revenue move from CA$186.7 million in Q4 2024 to CA$187.8 million in Q4 2025, with quarterly EPS ranging between CA$0.30 and CA$4.00 across FY 2025. This sets up a picture where higher net...
TSX:MAU
TSX:MAUMetals and Mining

Is Montage Gold (TSX:MAU) Using Its Cape Town Showcase to Reframe Its Funding Story?

Montage Gold Corp. presented at Mining Investment Cape Town 2026 on 9 February 2026 at The Welgemeend in Cape Town, with CEO and Executive Director Martino De Ciccio addressing attendees. This conference appearance offers investors a rare direct window into management’s current thinking on project plans, priorities and potential funding pathways. We’ll now examine how CEO Martino De Ciccio’s high-profile conference presentation could shape Montage Gold’s investment narrative and future...
TSX:WILD
TSX:WILDEntertainment

WildBrain (TSX:WILD) Q2 Loss Highlights Ongoing Profitability Strain Challenging Bullish Turnaround Narratives

WildBrain (TSX:WILD) Q2 2026 earnings snapshot WildBrain (TSX:WILD) has posted its latest numbers with Q2 2026 revenue of CA$125.5 million and a basic EPS loss of CA$0.15, keeping the focus squarely on how quickly the business can pull its earnings back toward break even. Over recent quarters the company has seen revenue move between CA$157.2 million in Q4 2024 and CA$125.5 million in Q1 2026, while EPS has ranged from a loss of CA$0.37 in Q2 2025 to a profit of CA$0.09 in Q4 2025, giving...
TSX:WFG
TSX:WFGForestry

West Fraser Timber (TSX:WFG) Q4 US$751 Million Loss Tests Bullish Earnings Recovery Narratives

West Fraser Timber (TSX:WFG) closed out FY 2025 with Q4 revenue of US$1,165 million and a basic EPS loss of US$9.61, while trailing 12 month figures showed revenue of US$5.46 billion and a basic EPS loss of US$11.87. Over the past six reported quarters, revenue has moved between US$1,405 million and US$1,532 million, with quarterly basic EPS swinging from a profit of US$0.53 in early 2025 to a loss of US$9.61 in Q4. This leaves investors weighing the pressure on margins against the potential...
TSX:GFL
TSX:GFLCommercial Services

GFL Environmental (TSX:GFL) Turns Profitable But One Off Gain Tests Bullish Narratives

GFL Environmental (TSX:GFL) has wrapped up FY 2025 with Q4 revenue of CA$1,686.4 million and basic EPS of CA$0.23. Trailing twelve month figures show revenue of CA$6,615.9 million and basic EPS of CA$0.71, including CA$3.6 billion from discontinued operations. The company’s quarterly revenue shifted from CA$1,985.9 million and a basic EPS loss of CA$0.52 in Q4 2024 to CA$1,686.4 million and basic EPS of CA$0.23 in Q4 2025. Net income excluding extra items moved from a CA$203.2 million loss to...
TSX:LAR
TSX:LARMetals and Mining

Assessing Lithium Argentina (TSX:LAR) Valuation After Fresh Buy Ratings Spark Investor Interest

Lithium Argentina (TSX:LAR) is back in focus after analysts at TD Cowen and TD Securities reiterated positive views, including buy and strong buy ratings that highlight its role in the lithium carbonate market. See our latest analysis for Lithium Argentina. The share price has been volatile recently, with a 44.71% 90 day share price return and a 20.44% 30 day share price decline. The 1 year total shareholder return of 144.05% contrasts with weaker 3 and 5 year total shareholder returns. If...
TSX:SGR.UN
TSX:SGR.UNRetail REITs

Slate Grocery REIT (TSX:SGR.UN) FFO Stability Supports Income Narrative Despite Ongoing Earnings Concerns

Slate Grocery REIT (TSX:SGR.UN) has wrapped up FY 2025 with Q4 total revenue of US$56.1 million and basic EPS of US$0.17, alongside funds from operations of US$14.9 million, or US$0.25 per share, putting income focused metrics in clear view for unitholders. The REIT has seen revenue move from US$55.7 million and basic EPS of US$0.20 in Q4 2024 to US$56.1 million and US$0.17 in Q4 2025, while FFO shifted from US$15.1 million, or US$0.25 per share, to US$14.9 million and US$0.25 respectively...
TSX:MRG.UN
TSX:MRG.UNResidential REITs

Morguard North American Residential REIT Q4 FFO Loss Tests Bullish Cash Flow Narratives

Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) has wrapped up FY 2025 with Q4 revenue of CA$85.0 million and net income of CA$27.9 million, setting the tone for a year where trailing 12 month revenue reached CA$354.6 million and net income came in at CA$103.0 million. Over the last few reporting periods, revenue has held in a tight band between CA$85.0 million and CA$92.3 million per quarter, while basic EPS ranged from CA$0.22 in Q3 2025 to CA$1.07 in Q1 2025,...
TSXV:ARTG
TSXV:ARTGMetals and Mining

A Look At Artemis Gold’s Valuation After Its $450 Million Debt Refinancing

Why Artemis Gold’s new debt deal matters for investors Artemis Gold (TSXV:ARTG) has just closed a $450 million private placement of 5.625% senior unsecured notes due 2031, using the proceeds and cash on hand to fully repay its revolving credit facility. See our latest analysis for Artemis Gold. Despite the refinancing news, Artemis Gold’s recent share price moves have been mixed, with a 1-day share price return showing an 8.35% decline, a 90-day share price return of 9.5%, and a very large...
TSX:IGM
TSX:IGMCapital Markets

Is IGM Financial’s (TSX:IGM) Fund Streamlining Subtly Redefining Its Core Client Value Proposition?

IG Wealth Management, a unit of IGM Financial, recently announced proposed mergers among several of its funds and one fund termination to simplify its investment lineup, reduce duplication, and improve efficiency, with two of the eight mergers requiring investor approval in a vote scheduled for April 7, 2026. This restructuring highlights IGM Financial’s push to streamline operations and better align its product shelf with evolving client preferences and portfolio needs. Next, we’ll examine...
TSX:ACO.X
TSX:ACO.XIntegrated Utilities

How A 200-Day Breakout And Outage Scrutiny At ATCO (TSX:ACO.X) Has Changed Its Investment Story

ATCO recently saw its stock move above its 200-day moving average on rising trading volumes, while it continues to investigate a past power outage in Grande Prairie that affected more than 6,600 customers. With an earnings release scheduled for February 26, investors are watching for management’s comments on the outage, future capital spending, and dividend plans. Next, we’ll explore how expectations for the February 26 earnings update, especially outage-related disclosures, could...
TSX:WDO
TSX:WDOMetals and Mining

Is Wesdome Gold Mines’ (TSX:WDO) New Presqu’ile Permits Quietly Reframing Its Long-Term Production Story?

Wesdome Gold Mines Ltd. recently announced that its Kiena Mine in Val-d'Or, Quebec, received an updated Certificate of Authorization and a mine lease for the near-surface Presqu'ile Zone, enabling ramp-access mining and expanding permitted activities at the wholly owned site. This regulatory progress adds permitting clarity around Presqu'ile, which can improve Kiena’s operational flexibility and resource access, an important consideration for investors tracking Wesdome’s long-term production...
TSX:CP
TSX:CPTransportation

Did Pershing’s Exit and a Key Rail Dispute Just Shift Canadian Pacific Kansas City's (TSX:CP) Investment Narrative?

Pershing Square has already exited its stake in Canadian Pacific Kansas City, reallocating capital toward companies such as Hertz, Amazon and Meta Platforms, while Union Pacific has asked regulators to review CPKC’s handling of UP–Norfolk Southern stack trains on the Meridian Speedway amid disputes over train lengths and service quality. This combination of a high-profile shareholder departure and an operational dispute with a major rail peer raises fresh questions about CPKC’s institutional...
TSX:PD
TSX:PDEnergy Services

Assessing Precision Drilling’s Valuation After Earnings Swing To Quarterly Loss And Full-Year Profit Drop

Precision Drilling (TSX:PD) is back in focus after its latest earnings release, which showed a fourth quarter net loss alongside sharply lower full year earnings compared with the prior year’s profitability. See our latest analysis for Precision Drilling. The latest results come against a strong price backdrop, with the share price at CA$122.51 after a 53.73% 90 day share price return and a 52.47% 1 year total shareholder return. This suggests recent momentum has been building even as...
TSX:EFR
TSX:EFROil and Gas

Goldman Sachs Buy On Energy Fuels Highlights Uranium Asset Quality

Goldman Sachs has initiated coverage of Energy Fuels (TSX:EFR) with a Buy rating. The bank highlighted Energy Fuels' ownership of what it describes as the highest grade uranium deposit in the U.S. This new coverage draws attention to the company’s uranium assets rather than focusing on price targets. Energy Fuels, trading at CA$30.55, has attracted fresh attention after a strong run, with the share price up 4.2% over the past week and 14.3% over the past month. Longer term, the stock has...
TSX:AP.UN
TSX:AP.UNOffice REITs

Allied Properties REIT Q4 FFO Loss Challenges Bullish Recovery Narratives

Allied Properties Real Estate Investment Trust (TSX:AP.UN) has wrapped up FY 2025 with fourth quarter revenue of CA$148.8 million, a Funds From Operations loss of CA$206.5 million, and a net income loss of CA$1.0 billion. This caps a year in which trailing twelve month revenue came in at CA$592.4 million and net income losses reached CA$1.3 billion. Over recent quarters, the trust has seen revenue move from CA$155.8 million in Q4 2024 to a range of CA$145.0 million to CA$150.6 million through...
TSX:IFC
TSX:IFCInsurance

How Investors May Respond To Intact Financial (TSX:IFC) Dividend Hike And New Share Buyback Program

In February 2026, Intact Financial Corporation reported full-year 2025 net income of CA$3.37 billion, boosted earnings per share from continuing operations, raised its common-share dividend to CA$1.47, declared dividends across several preferred share series, and authorized a new 12‑month share repurchase program for up to 3% of its outstanding shares. An interesting aspect of this announcement is that the CA$0.14 quarterly dividend increase marks Intact’s 21st consecutive annual...