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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.

Fiera Capital Corp. (FSZ-T) reported first-quarter revenue of $172.3-million up from $165.6-million a year ago and ahead of expectations of $170.1-miillion.

Net earnings of $3.4-million dropped from $22.2-million a year ago.

Assets under management increased to $174.5-billion up from $172.9-billion a year earlier

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Doman Building Materials Group Ltd. (DBM-T) reported first-quarter revenue increased by 63.7 per cent to $851.3-million, compared to $519.9-million in 2021, driven by acquisitions.  The expectation was for revenue to come in at $713.6-million.

Net earnings of $42-million were up from $34.2-million a year ago.

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Frontera Energy Corp. (FEC-T) reported first-quarter sales of $207.3-million up from $156.9-million a year earlier.

Net income of $102.2-million or $1.05 per share compared to a loss of $14.1-million or 14 cents a year ago.

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Home Capital Group Inc. (HCG-T) reported first-quarter net income of $44.7-million or $1.02 per share, a decrease of 17.7 per cent from $1.24 per share a year earlier.

The expectation was for EPS of $1.18 per share in the latest quarter, according to S&P Capital IQ.

Mortgage originations of $2.76-billion compared with $1.60- billion for the same period last year.

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Lundin Gold Inc. (LUG-T) announced its inaugural dividend after reporting what it called “exceptional results” for the first quarter.

The company reported revenues of US$216.5-million up from US$140-million a year earlier.

Net income was US$23.2-million compared to US$86-million a year ago. Adjusted earnings were US$57.6-million or 25 US cents per share versus US$37.4-million or 16 US cents a year ago. The expectation was for adjusted EPS of 26 US cents.

The company said it expects to pay two cash dividends per calendar year, following the release of its second-quarter and year-end results. It said its inaugural semi-annual dividend will be 20 US cents per share after the announcement of its second-quarter financial results.

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Mullen Group Ltd. (MTL-T) announced a 20-per-cent increase to its monthly dividend from 5 cents to 6 cents per share.

“Today we announce a substantial increase in the monthly dividend, extending the tradition of rewarding long-term shareholders with a portion of the free cash our business generates,” stated CEO and chair Murray Mullen.

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Morguard Corp. (MRC-T) reported first-quarter net income increased to $231.7 million compared to $17.9-million for the same period in 2021

Total revenue was $222.6-million compared to $211.4-million for the same period in 2021.

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Tamarack Valley Energy Ltd. (TVE-T) reported first-quarter revenue of $298.9-million versus $93.4-million a year ago.

Net income of $26.5 million or 6 cents per share compared to a net loss of $166,000 or nil per share a year ago.

The company also increased its production guidance and capital spending budget.

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Russel Metals Inc. (RUS-T) reported record first-quarter revenue of $1.3-billion, up from $885-million a year ago and ahead of expectations of $1.1-billion.

Net earnings came in at $99-million or $1.56 per share, which was ahead of expectations of $1.20 per share and compared to net income of $102-million or $1.62 per share a year ago.

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Athabasca Oil Corp. (ATH-T) reported first-quarter sales of $389.4-million up from $211.7-million a year ago.

Its net loss was $119.6-million or 23 cents per share versus a loss of $17.5-milion or 3 cents a year ago.

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Gran Tierra Energy Inc. (GTE-T) announced first-quarter net income of US$14-million versus a net loss of US$37-million in the first quarter of 2021.

Funds flow from operations increased to US$87-million, up by 201 per cent from the first quarter of 2021.

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