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Yahoo
07-07-2025
- Business
- Yahoo
Primaris REIT Announces Distribution for July 2025
TORONTO, July 07, 2025--(BUSINESS WIRE)--Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for the month of July 2025, representing $0.86 per unit on an annualized basis. The distribution will be payable on August 15, 2025 to unitholders of record on July 31, 2025. About Primaris Real Estate Investment Trust Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.0 million square feet, valued at approximately $4.9 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. For more information: TSX: View source version on Contacts Alex AveryChief Executive Officer416-642-7837aavery@ Rags DavloorChief Financial Officer416-645-3716rdavloor@ Claire MahaneyVP, Investor Relations & ESG647-949-3093cmahaney@ Timothy PireChair of the Boardchair@ Sign in to access your portfolio
National Post
07-07-2025
- Business
- National Post
Primaris REIT Announces Distribution for July 2025
Article content TORONTO — Primaris Real Estate Investment Trust (' Primaris ' or the ' Trust ') (TSX: announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for the month of July 2025, representing $0.86 per unit on an annualized basis. The distribution will be payable on August 15, 2025 to unitholders of record on July 31, 2025. Article content About Primaris Real Estate Investment Trust Article content Article content Primaris Article content is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.0 million square feet, valued at approximately $4.9 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. Article content Article content Article content Article content Article content Article content Contacts
Yahoo
04-07-2025
- Business
- Yahoo
TSX Penny Stocks To Consider In July 2025
The first half of 2025 has been a rollercoaster for Canadian markets, with the TSX recovering from early-year declines to reach new all-time highs by June, driven by easing trade tensions and resilient economic data. As investors navigate this complex landscape, identifying stocks that offer both affordability and growth potential becomes crucial. Penny stocks, often representing smaller or newer companies, continue to attract attention for their ability to provide value with strong financial foundations. Name Share Price Market Cap Financial Health Rating Westbridge Renewable Energy (TSXV:WEB) CA$0.61 CA$59.68M ★★★★★★ PetroTal (TSX:TAL) CA$0.69 CA$631.06M ★★★★★☆ illumin Holdings (TSX:ILLM) CA$2.06 CA$100.61M ★★★★★☆ Fintech Select (TSXV:FTEC) CA$0.035 CA$2.8M ★★★★★★ Findev (TSXV:FDI) CA$0.43 CA$12.18M ★★★★★★ Thor Explorations (TSXV:THX) CA$0.76 CA$518.93M ★★★★★★ Automotive Finco (TSXV:AFCC.H) CA$0.96 CA$19.22M ★★★★★★ Pulse Seismic (TSX:PSD) CA$3.47 CA$159.88M ★★★★★★ Hemisphere Energy (TSXV:HME) CA$1.86 CA$177.41M ★★★★★★ McChip Resources (TSXV:MCS) CA$1.10 CA$5.65M ★★★★★★ Click here to see the full list of 444 stocks from our TSX Penny Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Boat Rocker Media Inc. is an entertainment company that creates, produces, and distributes television and film content in Canada, the United States, and internationally with a market cap of CA$51.19 million. Operations: The company's revenue is derived from two main segments: Television, generating CA$117.93 million, and Kids and Family, contributing CA$82.04 million. Market Cap: CA$51.19M Boat Rocker Media Inc., with a market cap of CA$51.19 million, operates in the entertainment sector, generating significant revenue from its Television (CA$117.93 million) and Kids and Family (CA$82.04 million) segments. Despite being unprofitable with increasing losses over the past five years, the company maintains a strong cash position exceeding its total debt and short-term liabilities coverage by its assets. Recent earnings showed increased sales but also a substantial net loss of CA$135.45 million for Q1 2025 compared to last year. Upcoming shareholder meetings will address strategic changes, including acquisitions and divestitures. Click here to discover the nuances of Boat Rocker Media with our detailed analytical financial health report. Learn about Boat Rocker Media's future growth trajectory here. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Chesapeake Gold Corp. is a mineral exploration and evaluation company that concentrates on acquiring, evaluating, and developing precious metal deposits in North and Central America, with a market cap of CA$113.91 million. Operations: Chesapeake Gold Corp. has not reported any revenue segments, as it is focused on the exploration and evaluation of precious metal deposits in North and Central America. Market Cap: CA$113.91M Chesapeake Gold Corp., with a market cap of CA$113.91 million, focuses on precious metal exploration and remains pre-revenue. Recent strategic moves include the election of experienced mining executive Paul West-Sells to the board, enhancing leadership depth. The company recently closed a private placement raising CA$4.44 million, increasing Eric Sprott's stake to 17.9% non-diluted and 19.9% partially diluted, subject to TSXV approval. Chesapeake is debt-free but faces challenges with long-term liabilities exceeding short-term assets by CA$1 million; however, it has extended its cash runway through capital infusion despite ongoing unprofitability and declining earnings over five years. Jump into the full analysis health report here for a deeper understanding of Chesapeake Gold. Review our historical performance report to gain insights into Chesapeake Gold's track record. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Eskay Mining Corp. is a natural resource company focused on acquiring and exploring mineral properties in British Columbia, Canada, with a market cap of CA$73.73 million. Operations: Eskay Mining Corp. does not report any revenue segments, as it is primarily engaged in the acquisition and exploration of mineral properties. Market Cap: CA$73.73M Eskay Mining Corp., with a market cap of CA$73.73 million, is pre-revenue and focuses on mineral exploration in British Columbia. The company has reduced its annual net loss to CA$2.09 million from CA$2.8 million, showing progress despite ongoing unprofitability. Eskay is debt-free, with short-term assets of CA$4.4 million exceeding liabilities, providing financial stability for exploration activities. Its seasoned management and board enhance strategic direction as the company prepares for significant drilling at high-potential sites like Vermillion and Ted Morris zones later this year, aiming to expand its mineralized trends and identify new drill targets for future development efforts. Unlock comprehensive insights into our analysis of Eskay Mining stock in this financial health report. Evaluate Eskay Mining's historical performance by accessing our past performance report. Unlock more gems! Our TSX Penny Stocks screener has unearthed 441 more companies for you to here to unveil our expertly curated list of 444 TSX Penny Stocks. Curious About Other Options? We've found 16 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:BRMI TSXV:CKG and TSXV:ESK. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Globe and Mail
03-07-2025
- Business
- Globe and Mail
Primaris REIT Announces Financial Results Release Date, Webcast, and Conference Call
Primaris Real Estate Investment Trust (' Primaris ' or the ' Trust ') (TSX: will be releasing its financial results for the quarter ended June 30, 2025, on Wednesday, July 30, 2025, after the market closes. Senior leadership will be hosting a conference call and webcast presentation on July 31, 2025. Conference Call and Webcast: The call will be accessible for replay until August 7, 2025, by dialing 1-866-813-9403 with access code 962368, or on the Investor Relations section of the website. About Primaris Real Estate Investment Trust Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.0 million square feet, valued at approximately $4.9 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.
Globe and Mail
10-06-2025
- Business
- Globe and Mail
Market Analysis: June 10th, 2025
Global Markets Canadian Markets Canada's main stock index traded flat on Tuesday, as gains in the energy sector—spurred by higher oil prices—were offset by growing signs of economic strain. Analysts point to stress levels among Canadian businesses not seen since the 2009 financial crisis, suggesting that elevated borrowing costs and slowing consumer demand are beginning to take a toll. Despite the broader market's pause, energy stocks gained momentum, reflecting optimism around commodity prices. BMO's head of exchange-traded funds (ETFs) commented on the strategic potential of gold in the current environment. 'It may look overbought at these levels,' the strategist noted, 'but there's a compelling case for including gold as a portfolio hedge, especially amid economic uncertainty and geopolitical tension.' American Markets American stock markets were mixed, with investors taking a cautious stance as they awaited the outcome of the second day of trade negotiations between the United States and China. Central to the discussions is U.S. access to China's rare earth minerals—critical components in electronics and defense industries. While both sides are signaling a willingness to engage, negotiators are facing complex and sensitive issues that have deepened the rift between the two economic giants over the past year. Tech investors were also watching closely as Apple concluded its annual Worldwide Developers Conference (WWDC). The event, widely anticipated for artificial intelligence (AI) breakthroughs, underwhelmed in that regard. However, Apple did unveil a major redesign of its software—its most significant interface overhaul in over a decade—potentially laying the groundwork for future AI integrations. European Markets European markets also traded mixed, with some indices weighed down by financials—particularly Swiss banking giant UBS, which faced renewed scrutiny and profit-taking pressure. Inflation in Ukraine surged to 15.9% year-over-year in May, primarily driven by rising food prices. The Bank of Spain revised its growth forecast slightly upward, expecting GDP expansion of between 0.5% and 0.6% in the second quarter. In the UK, economic data painted a cooling labor market. Pay growth decelerated sharply, and unemployment rose to its highest level in nearly four years in the three months to April. This combination of softening wage pressures and rising joblessness strengthens the case for further interest rate cuts by the Bank of England. In response, the British pound (GBP) faced sharp selling pressure across global currency markets, with traders pricing in a more dovish central bank outlook. Corporate News Air Products U.S.-based gas and chemical firm interested in DIG Airgas. ArcBest Corporation BoFA Global Research raises target price to $74 from $63 due to momentum with core customers. Avidity Biosciences Inc Barclays raises target price to $59 from $57 after favorable clinical and regulatory news. Brookfield Asset Management Ltd & KKR & Co Inc Potential bidders for Macquarie's DIG Airgas, valued up to $3.6 billion. Also attracting interest from Air Liquide, Air Products, I Squared Capital, and Stonepeak. Cameco Corp Scotiabank raises target price to C$93 from C$88, citing improved financial performance. Carvana Co BoFA Global Research raises target price to $375 from $325, expecting benefit from used car market shift. Enghouse Systems Ltd CIBC cuts target price to C$25.50 from C$30 due to economic volatility impacting client spending. Hewlett Packard Enterprise Inc & Nvidia Corp Partnering with Germany's Leibniz Centre to build 'Blue Lion' supercomputer using Nvidia's Vera Rubin chips. Nvidia also unveils Europe's fastest supercomputer 'Jupiter' and a new climate AI model. International Business Machines Corp (IBM) Plans to have a practical quantum computer by 2029 and a larger system by 2033. Building the 'Starling' quantum computer with 200 logical qubits. Merck & Co Inc FDA approves RSV preventive antibody Enflonsia for infants. Will be priced at $556 per dose. Meta Platforms Inc CEO Mark Zuckerberg forming a new AGI team, planning major investments including a deal with Scale AI. Morgan Stanley Marketing $5B in bonds and loans for Elon Musk's xAI. Floating-rate and fixed-rate options offered. Oracle Corporation Morgan Stanley raises target price to $175 from $160, citing strong expected Q4 bookings. Paramount Global & Roblox Corp Paramount CFO Naveen Chopra to join Roblox. Paramount merger with Skydance pending FCC approval. Roblox gains Gen Z engagement and diversifies into advertising. Recursion Pharmaceuticals Inc Laying off ~20% of staff to cut costs and focus on rare diseases and cancer drugs. Cash runway extended to late 2027. Southern First Bancshares Inc Piper Sandler initiates coverage with $43 target, citing benefits from interest rate trends. T-Mobile US Inc CEO Mike Sievert may step down before contract ends; COO Srini Gopalan is a leading candidate to succeed him. United Natural Foods Inc Took systems offline after detecting unauthorized network activity. Temporary disruptions expected. Walt Disney Co Completed Hulu acquisition, paying NBCUniversal an additional $438.7M. Now holds full control of Hulu.
