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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.

Morneau Shepell Inc. (MSI-T) reported third-quarter revenue of $182.8-million, an increase of 20 per cent from the same period in 2017 and below expectations of $188.3-million.

The company reported a net loss of $9.6-million, which is said was affected by $22.3-million in expenses related to transaction and integration costs associated with the LifeWorks acquisition. "It also includes costs related to a transformation project to drive long-term value in the forms of earnings and cash flow improvement through changes in the way the company operates," the company stated.

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In the year-ago quarter, the company reported a profit of $9.2-million.

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Magellan Aerospace Corp. (MAL-T) reported third-quarter revenue of $226.5-million, an increase from $222.6-million recorded for the same period in 2017.

Net income came in at $18.6-million or 32 cents per share compared to net income of $18.1-million or 31 cents for the third quarter of 2017.

Analysts were expecting earnings of 34 cents per share and revenue of $233-million in the latest quarter.

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Pollard Banknote Limited (PBL-T) reported sales of $94.5-million in the third quarter, compared to $70.7-million for the same time last year and ahead of expectations of $86.7-million.

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Net income was $7.2-milion or 28 cents per share up from $4.6-million or 20 cents a year earlier. Analysts were expecting earnings to come at 21 cents in the latest quarter.

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Indigo Books & Music Inc. (IDG-T) reported total comparable sales growth of 0.7 per cent for the second quarter of its current 2019 fiscal year.

Revenue for the second quarter ended Sept. 29 was $216.3-million compared to $224.6-million for the same period last year. "This decline in sales was driven by the closure of a few low performing stores and renovations in 12 stores as the company continues to transform its retail operations," it stated in a release. Analysts were expecting revenue of $233.3-million.

Its net loss was $19.1-million or 70 cents per share compared to a net loss of $4.6-million or 17 cents last year. "This decline in profitability was primarily driven by the impact of the company's investment in strategic initiatives, including store renovations and the expansion of its distribution facilities, as well as minimum wage increases driving up operating expenses and a change in accounting estimates for breakage in the prior year," the company stated.

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Jamieson Wellness Inc. (JWEL-T) reported third-quarter revenue of $83.1-million up from $80.1-million a year earlier.

Net income for the third quarter was $7.2-million or 18 cents per share compared to a net income of $1.1-million in the third quarter of 2017. Adjusted net income increased to $8.9-million or 22 cents from $7.8-million or 20 cents in the third quarter of 2017.

Analysts were expecting earnings of 25 cents and revenue of $90.7-million in the latest quarter.

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Tahoe Resources Inc. (THO-T; TAHO-N) reported third-quarter revenue of $111.8-million down from $155.2-million a year ago.

The company reported a loss of $190-million or 61 cents per share versus a loss of $8.4-million or 3 cents a year earlier.

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Analysts were expecting revenue of $177.7-million and a loss of 7 cents in the latest quarter.

Its adjusted loss was $19.4-million or 6 cents versus expectations of an adjusted loss of 7 cents and compared to an adjusted loss of $7.2-million or 2 cents last year.

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Solium Capital Inc. (SUM-T) reported its third-quarter revenue increased by 38 per cent to US$28.3-million compared to a year ago.

Net earnings increased to US$2.3-million or 40 cents per share compared to a loss of US$306,000 a year ago.

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Summit Industrial Income REIT (SMU.UN-T) reported net operating income of $16.9-million in the third quarter up from $10.5-million a year ago. Revenue from income properties was $23.1-million, which was in line with expectations and up from $14.9-million a year earlier.

Net income was $13.9-million or 16.4 cents per unit versus $13.2-million or 25.1 cents a year ago

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Pattern Energy Group Inc. (PEGI-T; PEGI-Q) said it has a deal to sell its 90 megawatt minority-ownership interest in the K2 Wind power facility in Ontario for $216-million to a consortium of investors led by Axium Infrastructure.

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ATS Automation Tooling Systems Inc. (ATS-T) reported second-quarter revenues were $283.6-million, 3-per-cent higher than a year ago, primarily reflecting foreign exchange rate changes.

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Net income was $10.8-million or 11 cents per share versus $13.8-million or 15 cents a year earlier. Analysts were expecting earnings of 20 cents and revenue to come in at $310.1-million. Adjusted earnings were 17 cents below expectations of 23 cents and compared to 18 cents a year ago.

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First Majestic Silver Corp. (AG-N; FR-T) reported third-quarter revenues of US$88.5-million, up from $61.9-million a year earlier.

Net earnings were US$5.9-million or 3 cents per share versus a loss of US$1.3-million or a penny per share a year earlier. Adjusted EPS was a loss of 3 cents in the latest quarter compared to nil per share a year ago. Analysts were expecting an adjusted loss of 5 cents in the latest quarter.

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Endeavour Mining Corp. (EDV-T) reported third-quarter revenue from continuing operations of US$156-million up from US$95-million a year earlier.

Net earnings came in at US$14-million or 14 cents per share versus a loss of US$15-million or 15 cents a year ago.

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SunOpta Inc. (SOY-T) reported third-quarter revenues of US$308.4-million compared to US$320.7-million in the third quarter of 2017. “Adjusted for changes in foreign exchange, commodity prices, and sales of flexible resealable pouch and nutrition bar products, revenues grew 2 per cent during the third quarter,” the company stated.

Its loss attributable to common shareholders of US$6.6-million or 8 cents per share compared to a loss attributable to common shareholders of US$8-million or 9 cents per common share in the third quarter of 2017.

Its adjusted loss was US$3.8-million or 4 cents per share compared to adjusted loss of US$1.9-million or 2 cents per common share during the third quarter of 2017.

Analysts were expecting a loss of 3 cents and revenues of US$320-million.

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Rocky Mountain Dealerships Inc. (RME-T) said its third-quarter sales decreased 2.3 per cent to $233.4-million compared with $238.8-million for the same period in 2017. Analysts were expecting revenue of $258.2-million.

Net earnings came in at $5.5-million or 28 cents per share down from $8.8-million or 46 cents a year ago.

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Home Capital Group Inc. (HCG-T) reported third-quarter net income was $32.6-million or 41 cents per share, an increase from net income of $30-million or 37 cents per share a year ago.

Under credit quality the company said its total provision for credit losses was $4-million in the third quarter compared with $6.5 million in the second quarter and recovery of $4.3 million in the third quarter of 2017.

"Our third quarter results demonstrate continued progress in all lines of business,” stated CEO Yousry Bissada in a release. “Our commitment to servicing the customer in partnership with the broker community, and the development of our Oaken product line, have proven to be the right strategy for long-term success in our business. We are excited to take the next steps in our digital journey. Our plans for a substantial issuer bid and a normal course issue bid demonstrate our confidence in our business and outlook.”

Mortgage originations were $1.44-billion in the third quarter, up 273 per cent from originations of $385.1-million a year ago.

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Clearwater Seafoods Inc. (CLR-T) reported third-quarter sales of $164.2-million versus $163.6-million in the prior-year period. The result in the most recent quarter was below expectations of $165.1-million.

Earnings came in at $10.8-million or 17 cents per share versus $15-million or 24 cents a year earlier. Adjusted EPS was 6 cents versus 13 cents a year ago.

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Pulse Seismic Inc. (PSD-T) reported third-quarter revenue of $1.6-million compared to $32.4-million for same quarter last year. In the third quarter of 2017 the company said it signed its largest-ever seismic data licensing agreement, for $29.5 million.

The net loss was $1-million or 2 cents per share compared to net earnings of $18.7-million or 34 cents per share last year. The company cited a "period-over-period reduction in data library sales," for the difference.

“With sales in the first nine months of 2018 much lower than in the comparable period of 2017, Pulse looks ahead cautiously to the next several quarters,” the company stated in its outlook. “Visibility as to Pulse’s traditional sales remains poor and transaction-based sales are innately unpredictable. Industry indicators continue to be contradictory, with continued stress on oil and natural gas industry capital budgets and cash flows in Canada and a worsening regulatory environment at the federal level.”

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