Balanced Fund Investors Shift Towards Affordable Global Opportunities
Canadian balanced fund investors prefer cheap global funds, according to Morningstar’s latest Canadian Balanced Funds Landscape report. Such strategies captured most of the balanced fund inflows over the past five years. Balanced funds are changing, though; alternative strategies appeared in nearly one out of every three at the end of 2024. Investors need to pay […]
CIBC Earnings: Improved Provisioning and Robust…
Key Morningstar Metrics for Canadian Imperial Bank of Commerce What We Thought of Canadian Imperial Bank of Commerce’s Earnings Canadian Imperial Bank of Commerce CM reported decent fiscal first-quarter earnings that were largely in line with our expectations, with strong trading results and net interest income growth helping lift total revenue. Adjusted net income increased […]
The Top 3 Overlooked Canadian Stocks with Great Potential
A tough market has dragged down several Canadian stocks that were already struggling, pushing some into deep value territory. Over the past year, cannabis firm Curaleaf CURA has lost nearly 75%, miner Lithium Americas LAC 30%, and recreational vehicle maker Bombardier Recreational Products DOO 35%. These three undervalued stocks are now in 5-star territory, as the […]
Liberty Gold Initiates 2028 Development Timeline for Black Pine Under Idaho’s New SPEED Act
The October prefeasibility on Black Pine shows total output of 2.2 million oz. of gold over 17 years. Credit: Henry Lazenby Liberty Gold (TSX: LGD) has sent in its draft mine plan and signed an interagency memorandum of understanding, starting the countdown to a 2028 construction start for the Black Pine project in southern Idaho. […]
Toronto-Dominion Bank Reports Solid Earnings Results
Key Morningstar Metrics for Toronto-Dominion Bank What We Thought of Toronto-Dominion Bank’s Earnings Toronto-Dominion Bank TD reported solid earnings in line with our expectations, with net revenue increasing 2% to C$14 billion. Meanwhile, diluted earnings per share were flat at C$1.55, which translated to a return on equity of 10.1%. Why it matters: Like its […]
Post-Earnings: Should You Buy, Sell, or Hold Coinbase Stock?
Coinbase Global COIN released its fourth-quarter earnings report on Feb. 13. Here’s Morningstar’s take on Coinbase’s earnings and stock. What We Thought of Coinbase Global’s Earnings As shown by impressive trading revenue results in the fourth quarter, Coinbase’s USDC business was a major success story in 2024. Recovering from its Silicon Valley Bank lows, the […]
Berkshire Hathaway Earnings: Insights on Insurance Underwriting Performance
What We Thought of Berkshire Hathaway’s Earnings Berkshire Hathaway BRK.A/BRK.B reported adjusted fourth-quarter operating results that were in our range of expectations. We are leaving our fair value estimates of $700,000 per Class A share and $467 per Class B share in place. Revenue, including unrealized and realized gains/losses from investment portfolios, declined 22.1% to […]
Bank of Montreal Earnings: Robust Recovery in Net Income
Key Morningstar Metrics for Bank of Montreal What We Thought of Bank of Montreal’s Earnings Bank of Montreal BMO started fiscal 2025 strong, with revenue increasing 21% to C$9.27 billion, partially thanks to a 75% jump in trading revenue. Meanwhile, net income increased 65%, or 21% on an adjusted basis. Why it matters: We generally […]
Silver X Mining Increases Tonnage by 18% at Its Peru Property
Silver X Mining’s Nueva Recuperada project in Peru. Credit: Silver X Mining Silver X Mining (TSXV: AGX) has raised the measured and indicated tonnage at its Nueva Recuperada Property in southwest Peru by 18% over a preliminary economic assessment from 2022. Measured and indicated resources at the Plata Mining unit now amount to 4.26 million […]
Bank of Nova Scotia Earnings: Solid Results Overshadowed…
Key Morningstar Metrics for Bank of Nova Scotia What We Thought of Bank of Nova Scotia’s Earnings Bank of Nova Scotia BNS reported decent underlying results, with net revenue increasing 11.1% from last year to C$9.37 billion. However, net income fell to C$993 million from C$2.2 billion last year due to a C$1.36 billion loss […]