Skip to main content

Short Interest Ratio Indicates Bullish Canadian Stocks: $PAAS $REAL $AUP

*If You Own PAAS, REAL, AUP Then Click Here to Join Our Community Of Traders

The Market Signal was created as a platform to help investors, if you own (TSX:PAAS), (TSX:REAL) or (TSX:AUP), and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.

https://themarketsignal.com/Free-Report/NOW
(Click the link above or copy, paste and hit enter in your browser for your report)

Pan American Silver Provides Update On La Colorada

https://themarketsignal.com/Free-Report/PAAS

(Click the link above or copy, paste and hit enter in your browser for your report)

Pan American Silver Corp. (TSX:PAAS) has a short interest ratio of 1.0 implying that investors think that stock could gain in the near-team. This means the sentiments are bullish on the stock. The company updated the inferred mineral resource of the La Colorada skarn deposit in Mexico of 100.4 million tonnes. The resource contains around 141.0 million silver ounces. Interestingly the updated mineral resource represents an increase of 38% which is an equivalent of the initial resource estimate given in December last year.

The company has put the Morococha and Hauron operations in Peru under care and maintenance after workers at the mines tested positive of coronavirus. The reduced workforce at the mines will carry out care and maintenance until it is safe to resume normal operations.

Real Matters almost doubles YoY consolidated income

https://themarketsignal.com/Free-Report/REAL

(Click the link above or copy, paste and hit enter in your browser for your report)

Real Matters Inc. (TSX:REAL) is also another stock with a short interest ratio of 1.0 implying that investors think the price is to increase in the near-term. This means the sentiments are bullish on the stock. The company reported its Q3 2020 results in which it posted a consolidated adjusted income of $20.9 million which is almost 100% growth from Q3 2019. US title adjusted income was $13.3 million exceeding the Appraisal segment for the first time which delivered $10.8 million. CEO Jason smith stated that the US mortgage market showed resilience in Q3 even amid the COVID-19 pandemic.

Smith added that the low-interest-rate environment has created a huge opportunity for the company. However, the ability of lenders to enhance underwriting capability during the pandemic still remains a challenge to growth. Consolidated revenue for the quarter was $118.1 million.

Aurinia Pharmaceuticals closes public offering raising gross proceeds of $20 million

https://themarketsignal.com/Free-Report/AUP

(Click the link above or copy, paste and hit enter in your browser for your report)
Aurinia Pharmaceuticals Inc. (TSX:AUP) has a short interest ratio of 1.01 which means investors think the stock price is to rise. This means the sentiments are bullish on the stock. Recently the company closed a public offering underwriting of 13.33 million common shares which were sold at $15 per share. Gross proceeds from the offering were $200 million before subtracting underwriting commissions and discounts. Aurinia will use the net proceeds from the offering in pre-commercialization and launching activities, R&D, and general working capital.

The company is expected to report its Q2 2020 results on August 11, 2020, after markets close followed by a conference call from the executive team to offer a business update and discuss the results.

Please email or contact us for any edits or errors relating to this stock market news.

If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.

We will get back to you within 24 hours.

Disclaimer

The post Short Interest Ratio Indicates Bullish Canadian Stocks: $PAAS $REAL $AUP appeared first on The Market Signals.

comtex tracking

COMTEX_368920887/2700/2020-08-05T10:29:36

Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.