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Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

Mullen Group Ltd. (MTL-T) reported revenue of $325.3-million in the third quarter as compared to $339.7-million a year ago. Net income came in at $20.5-million, or 20 cents per share, versus $21.9-million or 21 cents a year ago.

Adjusted EPS was 16 cents down from 19 cents a year ago. Analysts were expecting adjusted EPS of 17 cents and revenue of $333.5-million.

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Canfor Corp. (CFP-T) reported third-quarter sales of $1.1-billion, which was in line with expectations and down from $1.3-billion a year ago.

Its net loss was $90.4-million or 72 cents per share versus a profit of $125.3-million or 98 cents per share a year ago. Adjusted EPS was a loss of 35 cents versus a profit of $1.23 a year ago.

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Canfor Pulp Products Inc. (CFX-T) reported third-quarter sales of $216.9-million down from $328.5-million a year ago.

Its net loss was $32.4-million or 50 cents per share versus a profit of $42.9-million or 66 cents per share a year earlier.

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Score Media and Gaming Inc. (SCR-X) reported revenue of $6.4-million in the fourth quarter ended Aug. 31 compared to $5.1-million for the same period last year. Its net loss was $4.8-million versus a loss of $3.1-million a year ago.

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Precision Drilling Corp’s (PD-T) loss narrowed for the third-quarter, helped by higher drilling activity across North America, the Canadian company reported on Thursday.

Net loss narrowed to $3.5 million, or 1 cent per share, from $30.6 million, or 10 cents a share, a year earlier. Revenue fell about 2 per cent to $376 million.

-Reuters

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Diversified Royalty Corp. (DIV-T) announced preliminary third-quarter results for its investment companies Mr. Lube, Air Miles, Sutton and Mr. Mikes.

It said Mr. Lube Canada Limited Partnership generated same-store-sales-growth (SSSG) of 5.9 per cent for the Mr. Lube stores in the royalty pool, compared to SSSG of 1.6 per cent a year ago. DIV said it expects to report that aggregate royalty income and management fees of $4.1-million were generated from Mr. Lube in the third quarter, an increase of $0.3 million from a year ago.

With Air Miles, reward miles issued decreased by 1 per cent in the third quarter, which DIV said was "primarily due to decreased promotional activity. Reward miles redeemed were flat in the quarter. DIV expects to report that royalty income of $1.9-million was generated from the Air Miles licenses in the quarter, an increase of 1.5 per cent compared to a year ago.

DIV expects to report that royalty income and management fees of $1-million were generated from Sutton Group Realty Services Ltd. in the quarter, representing a 2-per-cent increase over last year.

DIV also said it expects to report that royalty income and management fees of $1-million were generated from Mr. Mikes Restaurants Corp. in the quarter. The royalty income from Mr. Mikes grows at a fixed rate of 2 per cent per annum until March 31, 2023, the company stated, “and thereafter fluctuates based on the SSSG of the Mr. Mikes locations in the Royalty Pool.”

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