Vanadium Inustry Report
Analyst Articles

Vanadium Industry Report: Powering the Renewable Energy Revolution

We have written an 18-page Industry Report on “Vanadium: Powering the Renewable Energy Revolution; Your Guide to Understanding and Investing in Vanadium Companies”. The report covers various aspects of the Vanadium industry including Supply, Demand, Pricing, Uses for Vanadium, and includes a list of Vanadium mining companies, as well as highlights Currie Rose Resources (TSXV:CUI), an advanced, resource-stage company, with a vanadium project in Australia. [more]

Analyst Articles

UPDATE REPORT – EQ Inc. – Challenging Quarter Overshadows Recently Launched Retail Insights Product

EQ released its Q3/2022 financials and reported revenue of $2.1 million, down from $3.1 million in Q3/2021, and lower than our estimate of $3.5 million. The decline was primarily due to clients delaying certain advertising campaigns into 2023. However, it continued to roll out its retail data insights tool to customers which we believe should positively impact revenue, Gross Margins, and EBITDA in 2023. [more]

Datable - LMSG - Merger - image
Analyst Articles

UPDATE REPORT – Datable – Revenue Continues to Grow Y/Y but Focus Remains on Transformative Deal

We have written a 19-page Update Report on Datable, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. On September 30, Datable announced that it signed an LOI to acquire LMSG for $14.35M in an all-stock deal at a deemed share price of $0.05 that valued LMSG at approx. 1.0x 2022E revenue. The combined company is expected to have pro-forma 2022 consolidated revenue of over $18 million with positive EBITDA in 2023. [more]

Analyst Articles

UPDATE REPORT – DCM – Double-Digit Quarterly Revenue Growth Continues Positive Business Momentum and Strong EBITDA in Q3/2023

We have written an 18-page Update Report on DATA Communications Management, a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The update report provides highlights of the Company’s Q3/2022 financials and a full summary of our valuation methodology. We increased the Target Price to $4.50 from $4.20. [more]

Analyst Articles

NEW INITIATION REPORT – Search Minerals – Critical Rare Earth Elements Exploration Company on a Path to Production to Capture NA Rare Earth Market

We have written a 72-page Initiation Report on Search Minerals, a mineral exploration and development company exploring and developing a Rare Earth Elements (REE) project in southeast Labrador and a REE Processing Plant in Newfoundland, Canada. The Company owns two advanced REE resources, Deep Fox and Foxtrot, along with regional prospects. As it “Sprints to Production”, the Company released an updated PEA report for the Deep Fox/Foxtrot project and is now working towards the start of a Feasibility Study with mining production targeted for C2025. [more]