Our roundup of Canadian small-caps in the news today.
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
Corsa Coal Corp. (CSO-T) reported revenue of $66.2-million in the second quarter up from $18.7 million a year earlier.
Its net income was $4.6-million versus a net loss of $8.1-million a year earlier.
Analysts were expecting revenue of $68-million.
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Bellatrix Exploration Ltd. (BXE-T; BXE-N) says it has regained compliance with the NYSE's continued listing standard because the average closing price of its shares has exceeded $1 (U.S.) for 30 consecutive trading days after a five-for-one share consolidation on July 6.
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Photon Control Inc. (PHO-X) reported second quarter revenue of $8.9-million, up 23 per cent versus the prior year quarter.
Its net loss was $331,000 compared to $1.4-million a year earlier.
Adjusted EBITDA was $2.5-million versus $2.4-million last year.
Analysts were expecting adjusted EBITDA of $2.7-million.
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Grande West Transportation Group Inc. (BUS-X) reported revenue of $11.8-million in the second quarter up from $85,423 a year ago. Analysts were expecting revenue of $16.5-million.
Net profit was $221,800 or nil per share, which was below expectations of 2 cents and compared to a loss of $908,000 or 2 cents a year ago.
"I am very pleased to announce the first profitable quarter in Grande West's history, another major milestone for the company," said CEO William Trainer. "As we grow and expand, we are confident and well positioned to continue to build on the first of many profitable quarters."