Original source text
Paramount Skydance Corporation is rated Buy with a $12.32 12-month price target, driven by operational inflection and merger potential. Q1 adjusted EBITDA surged 59% on just 2% revenue growth, highlighting emerging operating leverage and cost discipline across PSKY's diversified media assets. Streaming momentum is accelerating, with Paramount+ reaching 79.6 million subscribers and platform unification expected to further boost engagement and margins. Live financial news intelligence
Track market-moving stories before they get noisy
Real-time pulse of financial headlines curated from 5 premium feeds.
Latest market signal
English
Cryptocurrencies
BTC
6,026
ETH
4,127
XRP
2,584
SOL
2,395
USDC
1,311
HYPE
1,273
Commodities
GOLD
401
SILVER
218
OIL
79
PLATINUM
11
PALLADIUM
4
COPPER
3
- FMP Stock News 28s ago
- FMP Forex News 4m ago
- CoinGecko News 28s ago
- FIO Stock News 5m ago
- Patria Stock News 5m ago
- Editorial rewrite 28s ago
- Asset sync 16m ago
Latest coverage
Market News Feed
Scan headlines quickly, then expand any story for source context.
| Details | Date | Content | Source |
|---|---|---|---|
|
Saved
2026-06-11 11:31
2mo ago
Published
2026-06-09 21:27
2mo ago
|
Paramount Skydance: Operating Leverage Makes The Bull Case | FMP Stock News | |
|
|
|||
|
Saved
2026-06-11 11:31
2mo ago
Published
2026-06-10 07:51
2mo ago
|
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14 | FMP Stock News | |
|
Original source text
The main gate of Paramount Pictures Studios in Los Angeles, California, U.S., February 27, 2026. REUTERS/Mario Anzuoni Purchase Licensing Rights, opens new tabCompaniesBRUSSELS, June 10 (Reuters) - Paramount Skydance Corp's (PSKY.O), opens new tab takeover of Warner Bros Discovery (WBD.O), opens new tab, backed by Gulf, opens new tab sovereign wealth funds, is under European Union subsidy scrutiny, according to a European Commission filing. The U.S. entertainment giant sought EU approval under its Foreign Subsidies Regulation, which targets unfair foreign state aid, on Tuesday. Jumpstart your morning with the latest legal news delivered straight to your inbox from The Daily Docket newsletter. Sign up here. The Commission, which acts as the EU competition enforcer, will decide by July 14 whether to clear the deal or open a full-scale 90 working day investigation. Saudi Arabia's Public Investment Fund (PIF), Abu Dhabi-based L'imad Holding Company, and Qatar Investment Authority (QIA) are backing the deal, which is also being reviewed under EU merger rules. The subsidy review is expected to be easier than the merger one where the companies will likely have to offer concessions such as divesting a children's channel to address EU competition concerns, sources have previously told Reuters. Reporting by Foo Yun Chee;Editing by Elaine Hardcastle Our Standards: The Thomson Reuters Trust Principles., opens new tab An agenda-setting and market-moving journalist, Foo Yun Chee is a 21-year veteran at Reuters. Her stories on high profile mergers have pushed up the European telecoms index, lifted companies' shares and helped investors decide on their next move. Her knowledge and experience of European antitrust laws and developments helped her break stories on Microsoft, Google, Amazon, Meta and Apple, numerous market-moving mergers and antitrust investigations. She has previously reported on Greek politics and companies, when Greece's entry into the eurozone meant it punched above its weight on the international stage, as well as on Dutch corporate giants and the quirks of Dutch society and culture that never fail to charm readers. |
|||
|
Saved
2026-06-11 11:31
2mo ago
Published
2026-06-10 15:14
2mo ago
|
Paramount is reshuffling streaming teams as David Ellison's tech vision comes into focus | FMP Stock News | |
|
Original source text
Paramount Skydance CEO David Ellison has prioritized putting streaming services on one tech platform. Jonathan Raa/NurPhoto via Reuters Connect; Valerie Macon / AFP via Getty Images; Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Paramount Skydance is preparing to move around some streaming staffers as David Ellison's company wraps up its long-term project of unifying the tech platforms of Paramount+ and free streamer Pluto TV.This so-called "convergence" project has been a top priority for Paramount. Two high-level streaming employees recently said that convergence is on pace to meet the company's stated goal of a "mid-year launch." While Paramount is planning to keep Paramount+ and Pluto TV as separate services, the hope is that having a single tech platform will save resources and improve recommendations across each app, which could drive higher engagement. Once convergence is complete, Paramount is planning to reassign staffers who've worked on it, streaming leaders told employees during a quarterly meeting on Wednesday morning. Paramount said it will "organize our teams against thematic pillars" like monetization, content, and live & video, according to a screenshot of the presentation viewed by Business Insider. Streaming staffers also learned that some employees "will be utilized to create select additional Solutions Teams" focused on advertising formats, user experience for the short-form video feed on Paramount+, and video playback. A person familiar with Paramount's streaming strategy said these changes are about "redeploying" product employees after convergence is finished. They said most streaming staff won't be affected by these changes and that no associated layoffs were planned. Boosting tech beyond convergenceSince Ellison became Paramount's CEO in August, the company has prioritized technology by shaking up teams, making key hires, and adding new streaming features. Paramount merged some technical streaming teams in March, Business Insider reported. The company said that putting the Paramount+ Global Quality Engineering group and Pluto TV's Software Test Engineering team under one roof helped facilitate "AI enablement and automated testing." Ellison's company has also emphasized data by expanding the role of EVP Jason Kim, who, since January, has overseen data and insights across all of Paramount, not just streaming. Paramount has made several key hires. They include former Google AI executive Barak Turovsky as head of consumer AI; fellow former Google executive Hugh Williams as an EVP; and former Amazon ad sales leader Danielle Carney as head of its US ad sales group. Ellison has also brought over product chief Dane Glasgow from Meta and revenue chief Jay Askinasi from Roku. Paramount has had key departures as well, including former tech chief Phil Wiser in May and former head of streaming product and tech Vibol Hou in January. Besides marrying the tech stacks of Paramount+ and Pluto TV, Paramount hopes to boost streaming engagement by adding vertical video clips and interactive features, such as a shopping tool. The company is exploring adding video podcasts; rival Netflix recently made a major move into licensed podcasts. Paramount's most transformative change would be buying Warner Bros. Discovery, which would give it control of the Warner Bros. Studio, HBO, HBO Max, and cable networks like CNN. The merger still needs regulatory approval in the US and abroad, which the company hopes to get by the end of September. Read next James Faris You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Media Exclusive |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-03-30 08:00
4mo ago
|
Journal of Urology Publishes ENVISION Trial Results Showing 72.2% 24-Month Duration of Response with ZUSDURI | FMP Stock News | |
|
Original source text
72.2% Probability of Remaining Event-Free at 24 Months by Kaplan-Meier Analysis After Achieving Complete Response at Three Months (79.6%)PRINCETON, N.J., March 30, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced the publication of results from the pivotal Phase 3 ENVISION trial of ZUSDURI™ (mitomycin) for intravesical solution in The Journal of Urology. ZUSDURI is indicated for the treatment of adults with recurrent low-grade intermediate-risk non-muscle invasive bladder cancer (LG-IR-NMIBC). The publication reports a 72.2% probability of remaining event-free at 24 months after complete response (CR) (95% CI: 64%, 79%) as determined by Kaplan-Meier analysis. The CR rate at three months was 79.6%. The median follow-up time after three-month CR was 23.7 months, and the median DOR was not reached. “The publication of these long-term data in The Journal of Urology provides important peer-reviewed validation of the durability of ZUSDURI treatment observed in the ENVISION trial,” said Sandip Prasad, M.D., M.Phil., Director of Genitourinary Surgical Oncology and Vice Chair of Urology at Morristown Medical Center/Atlantic Health System, New Jersey, and Principal Investigator of the ENVISION trial. “For patients who achieved a complete response, the likelihood of remaining event-free through two years was substantial, underscoring the potential of ZUSDURI to change the long-term management of this highly recurrent disease with a six-week induction treatment alone without maintenance. For the first time, adult patients with recurrent LG-IR-NMIBC have an FDA-approved therapy.” The existing standard of care for LG-IR-NMIBC is transurethral resection of bladder tumor (TURBT), a surgical procedure typically performed under general anesthesia. Due to high recurrence rates, patients, who are often elderly with multiple comorbidities, may require repeated TURBT procedures over their lifetime, which can negatively impact quality of life and may be associated with increased health risks. An estimated 59,000 patients with LG-IR-NMIBC experience recurrence annually in the United States. “Now that the 24-month duration of response data from ENVISION are published in a leading urology journal, we’re seeing even stronger validation of ZUSDURI’s clinical impact,” said Mark Schoenberg, Chief Medical Officer, UroGen. “As the first and only approved treatment for recurrent LG-IR-NMIBC, ZUSDURI gives patients a real chance at meaningful, recurrence-free periods. These results suggest we may finally be able to break the long-standing cycle of repeated recurrences and surgeries that has defined care for patients with recurrent LG-IR-NMIBC.” The most common (≥10%) adverse reactions, including laboratory abnormalities, observed in patients treated with ZUSDURI were dysuria, hematuria, urinary tract infection, increased creatinine, increased potassium, decreased hemoglobin, decreased lymphocytes, decreased neutrophils, increased eosinophils, and increased liver enzymes (AST and ALT). Adverse reactions were primarily mild to moderate in severity. Serious adverse reactions occurred in 12% of patients and included urinary retention (0.8%) and urethral stenosis (0.4%). About ZUSDURI ZUSDURI (mitomycin) for intravesical solution is an innovative drug formulation of mitomycin approved for the treatment of adults with recurrent LG-IR-NMIBC. Utilizing UroGen’s proprietary RTGel® technology (a sustained release, hydrogel-based formulation), ZUSDURI is delivered directly into the bladder by a trained healthcare professional using a urinary catheter in an outpatient setting, thereby enabling the treatment of tumors by non-surgical means. About Non-Muscle Invasive Bladder Cancer (NMIBC) LG-IR-NMIBC affects around 82,000 people in the U.S. every year and of those, an estimated 59,000 are recurrent. Bladder cancer primarily affects older populations with increased risk of comorbidities, with the median age of diagnosis being 73 years. Guideline recommendations for the management of NMIBC include transurethral resection of bladder tumor (TURBT) as the standard of care. Up to 70 percent of NMIBC patients experience at least one recurrence, and LG-IR-NMIBC patients are even more likely to recur and face repeated TURBT procedures. Learn more about non-muscle invasive bladder cancer at www.BladderCancerAnswers.com. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. Our first product is approved to treat low-grade upper tract urothelial cancer, and our second product, ZUSDURI (mitomycin) for intravesical solution, is approved for adult patients with recurrent LG-IR-NMIBC. Both products are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.UroGen.com to learn more or follow us on X, @UroGenPharma. APPROVED USE FOR ZUSDURI ZUSDURI (mitomycin) for intravesical solution is a prescription medicine used to treat adults with a type of cancer of the lining of the bladder called low-grade intermediate risk non-muscle invasive bladder cancer (LG-IR-NMIBC) after previously receiving bladder surgery to remove tumor that did not work or is no longer working. IMPORTANT SAFETY INFORMATION You should not receive ZUSDURI if you have a hole or tear (perforation) of your bladder or if you have had an allergic reaction to mitomycin or to any of the ingredients in ZUSDURI. Before receiving ZUSDURI, tell your healthcare provider about all of your medical conditions, including if you: have kidney problemsare pregnant or plan to become pregnant. ZUSDURI can harm your unborn baby. You should not become pregnant during treatment with ZUSDURI. Tell your healthcare provider right away if you become pregnant or think you may be pregnant during treatment with ZUSDURI. Females who are able to become pregnant: You should use effective birth control (contraception) during treatment with ZUSDURI and for 6 months after the last dose. Males being treated with ZUSDURI: You should use effective birth control (contraception) during treatment with ZUSDURI and for 3 months after the last dose. are breastfeeding or plan to breastfeed. It is not known if ZUSDURI passes into your breast milk. Do not breastfeed during treatment with ZUSDURI and for 1 week after the last dose. How will I receive ZUSDURI? You will receive your ZUSDURI dose from your healthcare provider 1 time a week for 6 weeks into your bladder through a tube called a urinary catheter. It is important that you receive all 6 doses of ZUSDURI according to your healthcare provider’s instructions.If you miss any appointments, call your healthcare provider as soon as possible to reschedule your appointment.During treatment with ZUSDURI, your healthcare provider may tell you to take additional medicines or change how you take your current medicines. After receiving ZUSDURI: ZUSDURI may cause your urine color to change to a violet to blue color. Avoid contact between your skin and urine for at least 24 hours.To urinate, males and females should sit on a toilet and flush the toilet several times after you use it. After going to the bathroom, wash your hands, your inner thighs, and genital area well with soap and water.Clothing that comes in contact with urine should be washed right away and washed separately from other clothing. The most common side effects of ZUSDURI include: increased blood creatinine levels, increased blood potassium levels, trouble with urination, decreased red blood cell counts, increase in certain blood liver tests, increased or decreased white blood cell counts, urinary tract infection, and blood in your urine. You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to UroGen Pharma at 1-855-987-6436. Please see ZUSDURI Full Prescribing Information, including the Patient Information, for additional information. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding: the potential long-term benefits of ZUSDURI, including its potential to provide meaningful recurrence-free periods; the estimated annual U.S. patient population and demographics for LG-IR-NMIBC; the potential of UroGen’s proprietary RTGel technology to improve therapeutic profiles of existing drugs other than mitomycin; and UroGen’s sustained release technology making local delivery potentially more effective as compared to other treatment options. Words such as “can,” “estimate,” “likely,” “may,” “potential,” “will” or other words that convey uncertainty of future events or outcomes are used to identify these forward-looking statements. These statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to: clinical results may not be indicative of results that may be observed in the future, including in larger populations; potential safety and other complications related to UroGen’s products; the ability to maintain regulatory approval; labeling limitations; competition in UroGen’s industry; UroGen’s ability to attract or retain key management, members of the board of directors and other personnel; UroGen’s RTGel technology and ZUSDURI may not perform as expected; UroGen may not successfully develop and receive regulatory approval of any other product that incorporates RTGel technology; and the impacts of general macroeconomic and geopolitical conditions on UroGen’s business and financial position. In light of these risks and uncertainties, and other risks and uncertainties that are described in the Risk Factors section of UroGen’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 2, 2026, the events and circumstances discussed in such forward-looking statements may not occur, and UroGen’s actual results could differ materially and adversely from those anticipated or implied thereby. Any forward-looking statements speak only as of the date of this press release and are based on information available to UroGen as of the date of this release. INVESTOR CONTACT: Vincent Perrone Senior Director, Investor Relations [email protected] 609-460-3588 ext. 1093 MEDIA CONTACT: Cindy Romano Director, Corporate Communications [email protected] 609-460-3566 ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-04-08 08:00
4mo ago
|
UroGen Launches LG-UTUC Luminaries Initiative Recognizing Excellence and Leadership in Treatment of Patients with Low-Grade Upper Tract Urothelial Cancer | FMP Stock News | |
|
Original source text
PRINCETON, N.J., April 08, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced the launch of its “LG-UTUC Luminaries” initiative, recognizing clinicians and institutions demonstrating leadership, expertise, and a commitment to advancing low‑grade upper tract urothelial cancer (LG‑UTUC) care.LG‑UTUC is a rare form of cancer affecting an estimated 6,000-7,000 patients each year in the U.S., which represents approximately 40% of patients diagnosed in the U.S. annually with UTUC. While typically noninvasive, it often recurs and may require repeated endoscopic procedures or radical surgery to remove the kidney and ureter, underscoring a continued need for guideline-recommended kidney‑sparing care approaches. “Through the LG-UTUC Luminaries initiative, we are honored to recognize the clinicians and institutions redefining what is possible for patients living with LG-UTUC,” said Liz Barrett, President and Chief Executive Officer of UroGen. “By elevating these leaders, we aim to inspire broader adoption of evidence-based, kidney-sparing care, strengthen collaboration across the urology community, and accelerate progress toward a future where patients with this highly recurrent disease have better outcomes and a better care experience.” The LG-UTUC Luminaries initiative recognizes clinicians and institutions working to achieve excellence in LG-UTUC care. Honorees have extensive experience with LG-UTUC and are actively involved in treatment, research, and peer-to-peer education. Institutional recipients are distinguished by established, guideline-aligned care pathways spanning diagnosis, treatment, and long-term surveillance, as well as strong commitments to physician training, research participation, and comprehensive patient support. UroGen recognizes Saum Ghodoussipour, MD, Director, Bladder and Urothelial Cancer Program, Rutgers Cancer Institute, and Associate Professor of Surgery, Rutgers Robert Wood Johnson Medical School, as the first recipient of this flagship LG-UTUC Luminaries recognition—an honor that will continue to be presented to physicians and institutions dedicated to helping shape the future of kidney-sparing management in LG-UTUC. “I’m truly honored to receive this recognition,” said Dr. Saum Ghodoussipour, Director of the Bladder and Urothelial Cancer Program at Rutgers Cancer Institute and Associate Professor of Surgery at Rutgers Robert Wood Johnson Medical School, NJ. “This distinction reflects the dedication of our entire multidisciplinary team at Rutgers Cancer Institute, whose commitment to advancing education, research, and patient-centered care continues to drive progress for individuals living with LG-UTUC. I’d especially like to recognize Dr. Vignesh Packiam, Director of Clinical and Translational Research in Urologic Oncology and Associate Professor of Surgery at Rutgers Robert Wood Johnson Medical School, whose leadership and contributions have been instrumental in shaping our program. Together, we remain committed to improving outcomes through collaboration, innovation, and a steadfast focus on our patients.” About the LG-UTUC Luminaries Initiative The LG-UTUC Luminaries initiative is UroGen’s effort to recognize and collaborate with leading clinicians and institutions advancing care for patients with low-grade upper tract urothelial cancer. By highlighting clinical leadership and fostering collaboration across the urology community, the initiative supports continued progress in kidney-sparing care and efforts to improve outcomes in this rare and highly recurrent disease. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel® reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.UroGen.com to learn more or follow us on X, @UroGenPharma. INVESTOR CONTACT: Vincent Perrone [email protected] (609) 460-3588 Ext. 1093 MEDIA CONTACT: Cindy Romano [email protected] (609) 460-3566 Ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-04-29 08:00
3mo ago
|
UroGen Pharma to Report First Quarter 2026 Financial Results on Wednesday, May 6th, 2026 | FMP Stock News | |
|
Original source text
PRINCETON, N.J., April 29, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced that it will report first quarter 2026 financial results on Wednesday, May 6th, 2026, prior to the open of the stock market. The announcement will be followed by a live audio webcast and conference call at 10:00 AM Eastern Time.A live public webcast of the earnings conference call can be accessed on UroGen’s Investor Relations website. Following the live webcast, a replay will be available on the site for approximately 30 days. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel® reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.UroGen.com to learn more or follow us on X, @UroGenPharma. INVESTOR CONTACT: Vincent Perrone Senior Director, Investor Relations [email protected] 609-460-3588 ext. 1093 MEDIA CONTACT: Cindy Romano Director, Corporate Communications [email protected] 609-460-3566 ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-06 08:00
3mo ago
|
UroGen Reports ZUSDURI™ Revenue More Than Doubled Quarter-over-Quarter and Provides First Quarter 2026 Financial Results and Highlights | FMP Stock News | |
|
Original source text
ZUSDURI™ generated revenue of $29.2 million in Q1 2026, representing 109% quarter-over-quarter growth, reflecting broader utilization with the permanent J Code effective January 1, 2026JELMYTO achieved $21.7 million in revenue in Q1 2026, representing year-over-year growth of 7%Continued advancement of next-generation pipeline, UGN-103 on track for NDA submission in the second half of 2026; six-month durability data expected in mid-2026UroGen to host Key Opinion Leader (KOL) panel highlighting real-world experience with ZUSDURI at the American Urological Association (AUA) annual meeting on May 17th at 8:30 AM ETConference call and webcast to be held today at 10:00 AM ET PRINCETON, N.J., May 06, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced financial results for the first quarter ended March 31, 2026, and provided an overview of recent developments.“2026 is off to a strong start, with expanding usage of ZUSDURI™ (mitomycin) for intravesical solution and clear acceleration across key commercial indicators, including prescriber trial and adoption,” said Liz Barrett, President and Chief Executive Officer of UroGen. “These trends reflect growing clinical confidence in ZUSDURI as a primary, non-surgical therapy for adults with recurrent low-grade intermediate-risk non-muscle invasive bladder cancer (LG-IR-NMIBC). The early launch momentum is now translating into meaningful revenue growth, providing early validation of our commercial model and reinforcing the blockbuster potential for ZUSDURI. In parallel, we continue to advance our broader pipeline, including next generation products UGN-103 in LG-IR-NMIBC and UGN-104 in low-grade upper tract urothelial carcinoma (LG-UTUC), as well as UGN-501, our investigational, potentially best-in-class, next-generation oncolytic virus. With this momentum, we are well positioned to execute our long-term growth strategy and continue to expand our leadership position in uro-oncology.” Q1 2026 and Recent Business Highlights: ZUSDURI (mitomycin) for intravesical solution: Commercial launch of ZUSDURI continues to accelerate, following its U.S. FDA-approval as the first and only FDA-approved medicine for adults with recurrent LG-IR-NMIBC.The permanent Healthcare Common Procedure Coding System Level II J Code (J9282) became effective on January 1, 2026 and has enabled broader adoption by improving reimbursement clarity and confidence across both hospital and community settings.ZUSDURI achieved net product revenue of $29.2 million in the first quarter of 2026, representing 109% quarter-over-quarter growth. The accelerating growth trend in prescribers, particularly repeat prescribers, reflects increasing health care provider confidence and successful integration of ZUSDURI into routine urology practice. As of March 31, 2026, UroGen reported: 972 activated sites of care256 unique ZUSDURI prescribers103 repeat ZUSDURI prescribers Updated results from the Phase 3 ENVISION trial evaluating ZUSDURI were published online ahead of print in the Journal of Urology. The publication reported that patients who achieved a complete response (CR) three months after the first instillation of ZUSDURI had a 72.2% probability of remaining event-free 24 months after CR (95% CI: 64.1%, 78.8%) as determined by Kaplan-Meier analysis. JELMYTO (mitomycin) for pyelocalyceal solution in LG-UTUC: Generated net product revenue of $21.7 million in the quarter ended March 31, 2026, an increase of approximately 7% over the $20.3 million reported for first quarter of 2025. Next-generation novel mitomycin-based formulations for urothelial cancer UroGen plans to submit a New Drug Application (NDA) for UGN-103 (mitomycin) for recurrent LG-IR-NMIBC in the second half of 2026 with potential FDA approval in 2027. The FDA has agreed with the Company’s regulatory plan to submit the NDA based on the data from the Phase 3 UTOPIA trial. Top line results from UTOPIA were reported in November 2025, demonstrating a 77.8% three-month CR rate (95% CI, 68.3%, 85.5%). For more information on the UTOPIA trial, refer to clinicaltrials.gov/NCT06331299.UGN-103 is a next-generation mitomycin product designed to offer improvements over ZUSDURI, including a shorter manufacturing process and simplified reconstitution procedure. It combines UroGen’s RTGel® technology with a novel mitomycin formulation licensed from medac. UroGen continues to evaluate lifecycle management and pipeline expansion opportunities, including potential applications in high-grade NMIBC settings and adjuvant use of UGN-103 in IR-NMIBC patients.The Phase 3 clinical trial to explore the safety and efficacy of UGN-104 is ongoing and is expected to be fully enrolled by the end of 2026. UGN-104 is a next-generation mitomycin product for LG-UTUC. For more information on the UGN-104 Phase 3 trial (UT002), refer to https://clinicaltrials.gov/study/NCT06774131. UGN-501 (investigational next-gen oncolytic virus) for use in high-grade non-muscle invasive bladder cancer UGN-501 is a potent and fast-replicating investigational next-generation oncolytic virus being developed as a locally administered cancer treatment. Investigational New Drug (IND)-enabling studies are nearing completion, and UroGen plans to submit an IND in the second quarter of 2026 and initiate a Phase 1 clinical trial in NMIBC by year end. Nonclinical data to date demonstrate cytotoxic activity across a panel of bladder cancer cell lines representing a broad range of tumor stages and grades. The Phase 1 trial will initially evaluate aqueous intravesical administration of UGN-501, and UroGen plans to evaluate delivery using its proprietary RTGel technology, which may enable prolonged dwell time and enhanced local activity. The initial focus is bladder cancer with the potential to expand into additional tumor types beyond the genitourinary system. Expanded Debt Facility with Pharmakon Advisors In February 2026, UroGen entered into an amended and restated loan agreement with Pharmakon Advisors for two additional tranches of senior secured term loans. The first tranche of $200 million was funded at closing to refinance the existing $125 million loan facility and provide additional non-dilutive capital. A second tranche of $50 million may be drawn at the Company's option no later than June 30, 2027, subject to customary conditions. All outstanding loans with Pharmakon Advisors will accrue interest at a fixed rate of 8.25% and be repaid in four equal quarterly payments commencing in the second quarter of 2030. All outstanding loans with Pharmakon Advisors can be prepaid in whole at UroGen's discretion at any time, subject to prepayment premiums, make-whole amounts, as applicable, and fees. American Urological Association Key Opinion Leader Panel to Showcase Real-World Experience with ZUSDURI UroGen will host a KOL panel at the upcoming AUA Annual Meeting focused on real-world experience with ZUSDURI, including patient selection, workflow integration, treatment patterns, and patient outcomes. The event will feature leading urologists highlighting the role of ZUSDURI as a primary, non-surgical treatment option in recurrent low-grade intermediate-risk NMIBC and will be webcast and accessible through the Company’s website. To register click here. First quarter 2026 Financial Results Revenue: Total revenue was $51.0 million in the first quarter ended March 31, 2026, compared with $20.3 million in the first quarter of 2025. Year-over-year revenue growth of 152% was primarily driven by the commercial launch of ZUSDURI and JELMYTO revenue growth. Research and Development (R&D) Expenses: R&D expenses were $15.6 million in the first quarter of 2026, including non-cash share-based compensation expense of $0.8 million. This compares to $19.9 million, including non-cash share-based compensation expense of $0.6 million, for the same period in 2025. The decrease in R&D expenses was primarily attributable to the acquisition of UGN-501 in the first quarter of 2025 and ZUSDURI manufacturing costs, which were recognized as R&D expense in the first quarter of 2025 prior to receiving FDA approval. Selling, General and Administrative (SG&A) Expenses: SG&A expenses were $51.5 million in the first quarter of 2026, including non-cash share-based compensation expense of $3.9 million. This compares to $35.0 million, including non-cash share-based compensation expense of $2.5 million, for the same period in 2025. The increase in SG&A expenses was primarily attributable to ZUSDURI commercial activities, including the sales force expansion following ZUSDURI approval and higher brand marketing expenses, an increase in overall commercial operation costs, and higher advisory costs, including fees associated with the Pharmakon Advisors debt refinancing in the first quarter of 2026. Financing on Prepaid Forward Obligation: UroGen reported non-cash financing expense related to the prepaid forward obligation to RTW Investments of $4.5 million in the first quarter of 2026 compared with $4.6 million in the same period in 2025. Interest Expense on Long-term Debt: Interest expense related to long-term debt was $4.2 million in the first quarter of 2026, compared to $4.1 million in the same period in 2025. The increase in interest expense was primarily attributable to the additional borrowings of $75.0 million in the first quarter of 2026 in connection with the Pharmakon refinancing of long-term debt, offset by the lower interest rate. Net Loss: UroGen reported a net loss of $23.6 million or ($0.47) per basic and diluted share in the quarter ended March 31, 2026, compared with a net loss of $43.8 million or ($0.92) per basic and diluted share in the first quarter of 2025. Cash, Cash Equivalents and Marketable Securities: As of March 31, 2026, cash, cash equivalents and marketable securities totaled $140.3 million. 2026 JELMYTO Revenue and Company Operating Expense Guidance: The Company continues to expect 2026 net product revenue for JELMYTO to be in the range of $97 million to $101 million. This implies a year-over-year growth rate of approximately 3% to 7% over the $94 million of JELMYTO revenue reported in 2025. The Company is not providing full-year 2026 revenue guidance for ZUSDURI at this time, as the product remains in the early stages of its commercial launch. The Company continues to expect full-year 2026 operating expenses to be in the range of $240 million to $250 million, including non-cash share-based compensation expense of $20 million to $24 million. Conference Call & Webcast Information: Members of UroGen’s management team will host a live conference call and webcast today at 10:00 AM Eastern Time to review UroGen’s financial results and provide a general business update. The live webcast can be accessed by visiting the Investors section of the Company’s website at http://investors.UroGen.com. Please connect at least 15 minutes prior to the live webcast to ensure adequate time for any software download that may be needed to access the webcast. UROGEN PHARMA LTD.SELECTED CONSOLIDATED BALANCE SHEETS(U.S. dollars in thousands)(Unaudited) March 31, 2026 December 31, 2025Cash and cash equivalents and marketable securities $140,274 $120,456 Total assets $253,690 $200,455 Total liabilities $377,943 $305,929 Total shareholders' deficit $(124,253) $(105,474) UROGEN PHARMA LTD.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS(U.S. dollars in thousands, except share and per share data)(Unaudited) Three months ended March 31, 2026 2025 Revenue$50,959 $20,254 Cost of revenue 4,139 2,330 Gross profit 46,820 17,924 Operating expenses: Research and development expenses 15,597 19,871 Selling, general and administrative expenses 51,486 34,967 Total operating expenses 67,083 54,838 Operating loss (20,263) (36,914)Financing on prepaid forward obligation (4,506) (4,583)Interest expense on long-term debt (4,185) (4,068)Interest and other income, net 608 2,114 Loss before income taxes$(28,346) $(43,451)Income tax benefit (expense) 4,772 (392)Net loss$(23,574) $(43,843)Net loss per ordinary share, basic and diluted$(0.47) $(0.92)Weighted average shares outstanding, basic and diluted 50,182,758 47,422,119 About ZUSDURI ZUSDURI (mitomycin) for intravesical solution is an innovative drug formulation of mitomycin, approved for the treatment of adults with recurrent LG-IR-NMIBC. Utilizing UroGen’s proprietary RTGel® technology, a sustained release, hydrogel-based formulation, ZUSDURI is delivered directly into the bladder in an out-patient procedure by a trained healthcare professional using a urinary catheter to enable the treatment of tumors by non-surgical means. APPROVED USE FOR ZUSDURI ZUSDURI (mitomycin) for intravesical solution is a prescription medicine used to treat adults with a type of cancer of the lining of the bladder called low-grade intermediate risk non-muscle invasive bladder cancer (LG-IR-NMIBC) after previously receiving bladder surgery to remove a tumor that did not work or is no longer working. IMPORTANT SAFETY INFORMATION You should not receive ZUSDURI if you have a hole or tear (perforation) of your bladder or if you have had an allergic reaction to mitomycin or to any of the ingredients in ZUSDURI. Before receiving ZUSDURI, tell your healthcare provider about all of your medical conditions, including if you: have kidney problems.are pregnant or plan to become pregnant. ZUSDURI can harm your unborn baby. You should not become pregnant during treatment with ZUSDURI. Tell your healthcare provider right away if you become pregnant or think you may be pregnant during treatment with ZUSDURI.Females who are able to become pregnant: You should use effective birth control (contraception) during treatment with ZUSDURI and for 6 months after the last dose. Males being treated with ZUSDURI: You should use effective birth control (contraception) during treatment with ZUSDURI and for 3 months after the last dose. are breastfeeding or plan to breastfeed. It is not known if ZUSDURI passes into your breast milk. Do not breastfeed during treatment with ZUSDURI and for 1 week after the last dose. How will I receive ZUSDURI? You will receive your ZUSDURI dose from your healthcare provider 1 time a week for 6 weeks into your bladder through a tube called a urinary catheter. It is important that you receive all 6 doses of ZUSDURI according to your healthcare provider’s instructions.If you miss any appointments, call your healthcare provider as soon as possible to reschedule your appointment.During treatment with ZUSDURI, your healthcare provider may tell you to take additional medicines or change how you take your current medicines. After receiving ZUSDURI: ZUSDURI may cause your urine color to change to a violet to blue color. Avoid contact between your skin and urine for at least 24 hours.To urinate, males and females should sit on a toilet and flush the toilet several times after you use it. After going to the bathroom, wash your hands, your inner thighs, and genital area well with soap and water.Clothing that comes in contact with urine should be washed right away and washed separately from other clothing. The most common side effects of ZUSDURI include: increased blood creatinine levels, increased blood potassium levels, trouble with urination, decreased red blood cell counts, increase in certain blood liver tests, increased or decreased white blood cell counts, urinary tract infection, and blood in your urine. You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to UroGen Pharma at 1-855-987-6436. Please see ZUSDURI Full Prescribing Information, including the Patient Information, for additional information. About JELMYTO JELMYTO® (mitomycin) for pyelocalyceal solution is a mitomycin-containing reverse thermal gel containing 4 mg mitomycin per mL gel indicated for the treatment of adult patients with LG-UTUC. It is recommended for primary treatment of biopsy-proven LG-UTUC in patients deemed appropriate candidates for renal-sparing therapy. JELMYTO is a viscous liquid when cooled and becomes a semi-solid gel at body temperature. The drug slowly dissolves over four to six hours after instillation and is removed from the urinary tract by normal urine flow and voiding. It is approved for administration in a retrograde manner via ureteral catheter or antegrade through nephrostomy tube. The delivery system allows the initial liquid to coat and conform to the upper urinary tract anatomy. The eventual semisolid gel allows for chemoablative therapy to remain in the collecting system for four to six hours without immediately being diluted or washed away by urine flow. APPROVED USE FOR JELMYTO JELMYTO® is a prescription medicine used to treat adults with a type of cancer of the lining of the upper urinary tract including the kidney called low-grade Upper Tract Urothelial Cancer (LG-UTUC). IMPORTANT SAFETY INFORMATION You should not receive JELMYTO if you have a hole or tear (perforation) of your bladder or upper urinary tract. Before receiving JELMYTO, tell your healthcare provider about all your medical conditions, including if you: are pregnant or plan to become pregnant. JELMYTO can harm your unborn baby. You should not become pregnant during treatment with JELMYTO. Tell your healthcare provider right away if you become pregnant or think you may be pregnant during treatment with JELMYTO. Females who are able to become pregnant: You should use effective birth control (contraception) during treatment with JELMYTO and for 6 months after the last dose. Males being treated with JELMYTO: If you have a female partner who is able to become pregnant, you should use effective birth control (contraception) during treatment with JELMYTO and for 3 months after the last dose.are breastfeeding or plan to breastfeed. It is not known if JELMYTO passes into your breast milk. Do not breastfeed during treatment with JELMYTO and for 1 week after the last dose.Tell your healthcare provider if you take water pills (diuretic). How will I receive JELMYTO?Your healthcare provider will tell you to take a medicine called sodium bicarbonate before each JELMYTO treatment.You will receive your JELMYTO dose from your healthcare provider 1 time a week for 6 weeks. It is important that you receive all 6 doses of JELMYTO according to your healthcare provider’s instructions. If you miss any appointments, call your healthcare provider as soon as possible to reschedule your appointment. Your healthcare provider may recommend up to an additional 11 monthly doses.JELMYTO is given to your kidney through a tube called a catheter.During treatment with JELMYTO, your healthcare provider may tell you to take additional medicines or change how you take your current medicines. After receiving JELMYTO:JELMYTO may cause your urine color to change to a violet to blue color. Avoid contact between your skin and urine for at least 6 hours.To urinate, males and females should sit on a toilet and flush the toilet several times after you use it. After going to the bathroom, wash your hands, your inner thighs, and genital area well with soap and water.Clothing that comes in contact with urine should be washed right away and washed separately from other clothing.JELMYTO may cause serious side effects, including:Swelling and narrowing of the tube that carries urine from the kidney to the bladder (ureteric obstruction). If you develop swelling and narrowing, and to protect your kidney from damage, your healthcare provider may recommend the placement of a small plastic tube (stent) in the ureter to help the kidney drain. Tell your healthcare provider right away if you develop side pain or fever during treatment with JELMYTO.Bone marrow problems. JELMYTO can affect your bone marrow and can cause a decrease in your white blood cell, red blood cell, and platelet counts. Your healthcare provider will do blood tests prior to each treatment to check your blood cell counts during treatment with JELMYTO. Your healthcare provider may need to temporarily or permanently stop JELMYTO if you develop bone marrow problems during treatment with JELMYTO.The most common side effects of JELMYTO include: urinary tract infection, blood in your urine, side pain, nausea, trouble with urination, kidney problems, vomiting, tiredness, stomach (abdomen) pain. You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to UroGen Pharma at 1-855-987-6436. Please see JELMYTO Full Prescribing Information, including the Patient Information, for additional information. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel® reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. UroGen’s first product to treat LG-UTUC and second product (mitomycin) for intravesical solution for adults with recurrent LG-IR-NMIBC are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.urogen.com to learn more or follow us on X, @UroGenPharma. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding: the potential for ZUSDURI as a primary, non-surgical therapy for adults with recurrent LG-IR-NMIBC; ZUSDURI’s accelerating commercial uptake and growing rates of prescriber trial and adoption; the belief that growing clinical confidence in ZUSDURI will continue to drive commercial momentum and that the early launch trajectory provides validation of UroGen's commercial model; the belief in the significant commercial opportunity for ZUSDURI and UroGen’s ability to fully capitalize on it; the potential benefits and opportunities for UroGen’s product candidates, including UGN-103, UGN-104 and UGN-501; UroGen’s planned and ongoing clinical trials and IND-enabling studies and the timing for regulatory submissions and potential regulatory approvals for its product candidates, including the ongoing Phase 3 UTOPIA clinical trial of UGN-103, the ongoing Phase 3 clinical trial of UGN-104 and the IND-enabling studies of UGN-501, the planned NDA submission for UGN-103 and the potential regulatory approval thereof and the planned IND submission for UGN-501 and the potential Phase 1 trial thereof; the potential of UGN-501 to expand into additional tumor types beyond the genitourinary system; the expectation that UroGen’s next-generation medicines will enhance supply, improve manufacturing and preparation efficiencies and provide opportunity for lifecycle extensions; 2026 JELMYTO revenue and company operating expense guidance; the expected timeline of UroGen’s expanded debt facility with Pharmakon Advisors; the potential of UroGen’s proprietary RTGel technology to improve therapeutic profiles of existing drugs other than mitomycin and as a viable platform for local delivery of complex immunotherapies; and UroGen’s sustained release technology making local delivery potentially more effective as compared to other treatment options. Words such as “can,” “continue,” “estimate,” “expect,” “may,” “on track,” “plan,” “potential,” “will,” or other words that convey uncertainty of future events or outcomes are used to identify these forward-looking statements. These statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to: clinical results may not be indicative of results that may be observed in the future, including in larger populations; potential safety and other complications related to UroGen’s products; risks related to UroGen’s and its licensors’ ability to protect their respective patents and other intellectual property, including that UroGen’s or its licensors’ pending patent applications may not be successful, and in such event, the duration of intellectual property protection would be more limited; the ability to maintain regulatory approval; complications associated with commercialization activities; labeling limitations; competition in UroGen’s industry; the scope, progress and expansion of developing and commercializing UroGen’s products and product candidates; the size and growth of the market(s) therefor and the rate and degree of market acceptance thereof vis-à-vis alternative therapies or procedures, such as surgery; UroGen’s ability to attract or retain key management, members of the board of directors and other personnel; UroGen’s RTGel technology and ZUSDURI may not perform as expected; new data relating to ZUSDURI, including from spontaneous adverse event reports and from the ongoing ENVISION trial, may result in changes to the product label and may adversely affect sales, or result in withdrawal of ZUSDURI from the market; the potential for payors to delay, limit or deny coverage for ZUSDURI; the data from the UTOPIA trial may not be sufficient to support approval of UGN-103; UroGen may not successfully develop and receive regulatory approval of any other product that incorporates RTGel technology; and the impacts of general macroeconomic and geopolitical conditions on UroGen’s business and financial position. In light of these risks and uncertainties, and other risks and uncertainties that are described in the Risk Factors section of UroGen’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 2, 2026, as well as in the Risk Factors section of UroGen’s Quarterly Report on Form 10-Q being filed with the SEC later today, the events and circumstances discussed in such forward-looking statements may not occur, and UroGen’s actual results could differ materially and adversely from those anticipated or implied thereby. Any forward-looking statements speak only as of the date of this press release and are based on information available to UroGen as of the date of this release. INVESTOR CONTACT: Vincent Perrone Senior Director, Investor Relations [email protected] 609-460-3588 ext. 1093 MEDIA CONTACT: Cindy Romano Director, Corporate Communications [email protected] 609-460-3566 ext. 1083 Source: UroGen Pharma Ltd |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-06 10:30
3mo ago
|
Urogen Pharma (URGN) Reports Q1 Loss, Beats Revenue Estimates | FMP Stock News | |
|
Original source text
Urogen Pharma (URGN - Free Report) came out with a quarterly loss of $0.47 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to a loss of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +16.44%. A quarter ago, it was expected that this company would post a loss of $0.66 per share when it actually produced a loss of $0.54, delivering a surprise of +18.18%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Urogen Pharma, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $50.96 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 16.96%. This compares to year-ago revenues of $20.25 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Urogen Pharma shares have added about 1.8% since the beginning of the year versus the S&P 500's gain of 6%. What's Next for Urogen Pharma?While Urogen Pharma has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Urogen Pharma was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.48 on $55.25 million in revenues for the coming quarter and -$1.45 on $249.47 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Biomedical and Genetics is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Guardant Health (GH - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 7. This provider of oncology testing services is expected to post quarterly loss of $0.47 per share in its upcoming report, which represents a year-over-year change of +4.1%. The consensus EPS estimate for the quarter has been revised 0.8% higher over the last 30 days to the current level. Guardant Health's revenues are expected to be $278.52 million, up 36.9% from the year-ago quarter. |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-06 18:01
3mo ago
|
UroGen Pharma Ltd. (URGN) Q1 2026 Earnings Call Transcript | FMP Stock News | |
|
Original source text
UroGen Pharma Ltd. (URGN) Q1 2026 Earnings Call Transcript |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-07 08:00
3mo ago
|
UroGen Pharma to Present at Upcoming Investor Conferences | FMP Stock News | |
|
Original source text
PRINCETON, N.J., May 07, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced that it will participate in the following investor conferences in May.Bank of America Health Care Conference 2026Date / Time:May 13th, at 11:15 AM ETFormat:1x1’sLocation:Las Vegas, NVWebcast Link:Here HC Wainwright 4th Annual BioConnect Investor ConferenceDate / Time:May 19th, at 10:30 AM ETFormat:1x1’sLocation:New York, NYWebcast Link:Here TD Cowen 7th Annual Oncology Innovation SummitDate / Time:May 26th, at 10:30 AM ETLocation:VirtualWebcast Link:Here The webcasts from the conference will also be available on UroGen’s Investor Relations website. A replay will be available for approximately 90 days. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel® reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. UroGen’s first product to treat LG-UTUC and second product (mitomycin) for intravesical solution for adults with recurrent LG-IR-NMIBC are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.urogen.com to learn more or follow us on X, @UroGenPharma. INVESTORS: Vincent Perrone Senior Director, Investor Relations [email protected] 609-460-3588 ext. 1093 MEDIA: Cindy Romano Director, Corporate Communications [email protected] 609-460-3566 ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-07 15:59
3mo ago
|
UroGen Q1 Review: Zusduri Launch Accelerates, With Profitability Anticipated By 2027 | FMP Stock News | |
|
Original source text
UroGen Pharma is reaffirmed as a Strong Buy, with a 12-month price target raised to $39/share, reflecting robust Q1 2026 results. Zusduri sales more than doubled QoQ to $29.2M, driven by the January J-code assignment, validating the trajectory toward profitability by 2027. URGN's path to profitability is underpinned by >91% gross margins, disciplined expense control, and a realistic break-even threshold of $305M annual revenue. |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-11 10:56
3mo ago
|
Urogen Pharma (URGN) Just Flashed Golden Cross Signal: Do You Buy? | FMP Stock News | |
|
Original source text
From a technical perspective, Urogen Pharma (URGN - Free Report) is looking like an interesting pick, as it just reached a key level of support. URGN's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being the 50-day and the 200-day, since bigger time periods tend to form stronger breakouts. Golden crosses have three key stages that investors look out for. It starts with a downtrend in a stock's price that eventually bottoms out, followed by the stock's shorter moving average crossing over its longer moving average and triggering a trend reversal. The final stage is when a stock continues the upward climb to higher prices. This kind of chart pattern is the opposite of a death cross, which is a technical event that suggests future bearish price movement. Shares of URGN have been moving higher over the past four weeks, up 36.3%. Plus, the company is currently a #3 (Hold) on the Zacks Rank, suggesting that URGN could be poised for a breakout. The bullish case solidifies once investors consider URGN's positive earnings outlook. For the current quarter, no earnings estimate has been cut compared to 3 revisions higher in the past 60 days. The Zacks Consensus Estimate has increased too. With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on URGN for more gains in the near future. |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-13 08:00
3mo ago
|
ZUSDURI Median Duration of Response Still Not Reached with 64.5% 36-month Duration of Response in the Pivotal ENVISION Trial | FMP Stock News | |
|
Original source text
64.5% Probability of Remaining Event-Free at Three Years by Kaplan-Meier Analysis After Achieving Complete Response at Three MonthsFirst and Only FDA-Approved Medicine for Recurrent Low-Grade Intermediate-Risk Non-Muscle Invasive Bladder Cancer PRINCETON, N.J., May 13, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced a 36-month duration of response (DOR) of 64.5% (95% CI, 54.6% - 72.8%) by Kaplan-Meier estimate in patients who achieved a complete response (CR) at three months (79.6%) in the pivotal Phase 3 ENVISION trial of ZUSDURI™ (mitomycin) for intravesical solution. At a median follow-up of 35.5 months, the median DOR had not been reached. These data demonstrate that a substantial proportion of complete responders remained disease-free at three years, and durable outcomes were achieved without the need for maintenance therapy.“This update from the pivotal ENVISION trial shows that many patients who achieve a complete response with ZUSDURI remain disease-free through three years,” said Sandip Prasad, M.D., M.Phil., Director of Genitourinary Surgical Oncology and Vice Chair of Urology at Morristown Medical Center/Atlantic Health System, NJ, and Principal Investigator of the ENVISION trial. “Among patients who achieved a complete response, the event rate over time has remained stable. Importantly, ZUSDURI’s durability was achieved without maintenance therapy, supporting a treatment approach that can provide lasting disease control while reducing ongoing treatment burden for patients.” As a non-surgical, in-office treatment, ZUSDURI offers patients an opportunity to achieve meaningful disease- and treatment-free living without the burden of repeated TURBT procedures under general anesthesia. The current standard of care for LG-IR-NMIBC is transurethral resection of bladder tumor (TURBT), a surgical procedure typically performed under general anesthesia. Due to high recurrence rates following surgery, patients often undergo multiple TURBTs over their lifetime, leading to a cycle of repeat procedures that can impact quality of life and increase cumulative risk, particularly in older patients with comorbidities. An estimated 59,000 patients with LG-IR-NMIBC recur annually. “The ENVISION 36-month DOR data reinforce ZUSDURI’s potential to shift the treatment paradigm for recurrent LG-IR-NMIBC,” said Mark Schoenberg, M.D., Chief Medical Officer, UroGen. “By delivering durable responses without maintenance therapy, ZUSDURI provides an opportunity to move beyond the cycle of repeated surgical interventions and toward a more durable, lower-burden treatment approach over time.” The most common (≥ 10%) adverse reactions (ARs), including laboratory abnormalities, that occurred in patients were dysuria, increased potassium, increased creatinine, decreased hemoglobin, increased eosinophils, increased aspartate aminotransferase, increased alanine aminotransferase, decreased lymphocytes, urinary tract infection, decreased neutrophils, and hematuria. ARs were mainly mild to moderate. Serious ARs occurred in 12% of patients, including urinary retention (0.8%) and urethral stenosis (0.4%). About ZUSDURI ZUSDURI (mitomycin) for intravesical solution is an innovative drug formulation of mitomycin, approved for the treatment of adults with recurrent LG-IR-NMIBC. Utilizing UroGen’s proprietary RTGel® technology (a sustained release, hydrogel-based formulation), ZUSDURI is delivered directly into the bladder by a trained healthcare professional using a urinary catheter in an outpatient setting, thereby enabling the treatment of tumors by non-surgical means. About Non-Muscle Invasive Bladder Cancer (NMIBC) LG-IR-NMIBC affects around 82,000 people in the United States every year and of those, an estimated 59,000 are recurrent. Bladder cancer primarily affects older populations with increased risk of comorbidities, with the median age of diagnosis being 73 years. Guideline recommendations for the management of NMIBC include TURBT as the standard of care. Up to 70 percent of NMIBC patients experience at least one recurrence, and LG-IR-NMIBC patients are even more likely to recur and face repeated TURBT procedures. Learn more about non-muscle invasive bladder cancer at www.BladderCancerAnswers.com. About ENVISION The Phase 3 ENVISION trial is a single-arm, multinational, multicenter pivotal study evaluating the efficacy and safety of ZUSDURI (mitomycin) for intravesical solution as a chemoablative therapy in adult patients with recurrent LG-IR-NMIBC. The Phase 3 ENVISION trial completed target enrollment with 240 patients across 56 sites. Study participants received six once-weekly intravesical instillations of ZUSDURI. The primary endpoint evaluated the CR rate three months after the first instillation, and the key secondary endpoint evaluates durability over time in patients who achieved a CR at the three-month assessment. Learn more about the Phase 3 ENVISION trial at www.clinicaltrials.gov (NCT05243550). About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. Our first product to treat low-grade upper tract urothelial cancer and our second product, ZUSDURI (mitomycin) for intravesical solution for adult patients with recurrent LG-IR-NMIBC, are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.UroGen.com to learn more or follow us on X (Twitter), @UroGenPharma. APPROVED USE FOR ZUSDURI ZUSDURI (mitomycin) for intravesical solution is a prescription medicine used to treat adults with a type of cancer of the lining of the bladder called low-grade intermediate risk non-muscle invasive bladder cancer (LG-IR-NMIBC) after previously receiving bladder surgery to remove tumor that did not work or is no longer working. IMPORTANT SAFETY INFORMATION You should not receive ZUSDURI if you have a hole or tear (perforation) of your bladder or if you have had an allergic reaction to mitomycin or to any of the ingredients in ZUSDURI. Before receiving ZUSDURI, tell your healthcare provider about all of your medical conditions, including if you: have kidney problemsare pregnant or plan to become pregnant. ZUSDURI can harm your unborn baby. You should not become pregnant during treatment with ZUSDURI. Tell your healthcare provider right away if you become pregnant or think you may be pregnant during treatment with ZUSDURI. Females who are able to become pregnant: You should use effective birth control (contraception) during treatment with ZUSDURI and for 6 months after the last dose. Males being treated with ZUSDURI: You should use effective birth control (contraception) during treatment with ZUSDURI and for 3 months after the last dose. are breastfeeding or plan to breastfeed. It is not known if ZUSDURI passes into your breast milk. Do not breastfeed during treatment with ZUSDURI and for 1 week after the last dose. How will I receive ZUSDURI? You will receive your ZUSDURI dose from your healthcare provider 1 time a week for 6 weeks into your bladder through a tube called a urinary catheter. It is important that you receive all 6 doses of ZUSDURI according to your healthcare provider’s instructions.If you miss any appointments, call your healthcare provider as soon as possible to reschedule your appointment.During treatment with ZUSDURI, your healthcare provider may tell you to take additional medicines or change how you take your current medicines. After receiving ZUSDURI: ZUSDURI may cause your urine color to change to a violet to blue color. Avoid contact between your skin and urine for at least 24 hours.To urinate, males and females should sit on a toilet and flush the toilet several times after you use it. After going to the bathroom, wash your hands, your inner thighs, and genital area well with soap and water.Clothing that comes in contact with urine should be washed right away and washed separately from other clothing. The most common side effects of ZUSDURI include: increased blood creatinine levels, increased blood potassium levels, trouble with urination, decreased red blood cell counts, increase in certain blood liver tests, increased or decreased white blood cell counts, urinary tract infection, and blood in your urine. You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to UroGen Pharma at 1-855-987-6436. Please see ZUSDURI Full Prescribing Information, including the Patient Information, for additional information. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding: the potential benefits of ZUSDURI, including as an outpatient treatment option, its potential to provide durable CRs without maintenance therapy and clinically meaningful disease- and recurrence-free intervals; the potential of ZUSDURI to shift the treatment paradigm and provide a compelling non-surgical alternative to TURBT for the treatment of recurrent LG-IR-NMIBC; the estimated annual U.S. patient population and demographics for LG-IR-NMIBC; the ongoing Phase 3 ENVISION trial; the potential of UroGen’s proprietary RTGel technology to improve therapeutic profiles of existing drugs other than mitomycin; and UroGen’s sustained release technology making local delivery potentially more effective as compared to other treatment options. Words such as “can,” “estimate,” “likely,” “may,” “potential,” “will” or other words that convey uncertainty of future events or outcomes are used to identify these forward-looking statements. These statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to: clinical results may not be indicative of results that may be observed in the future, including in larger populations; potential safety and other complications related to UroGen’s products; the ability to maintain regulatory approval; complications associated with commercialization activities; labeling limitations; competition in UroGen’s industry; the scope, progress and expansion of developing and commercializing UroGen’s products and product candidates; the size and growth of the market(s) therefor and the rate and degree of market acceptance thereof vis-à-vis alternative therapies or procedures, such as surgery; UroGen’s ability to attract or retain key management, members of the board of directors and other personnel; UroGen’s RTGel technology and ZUSDURI may not perform as expected; UroGen may not successfully develop and receive regulatory approval of any other product that incorporates RTGel technology; and the impacts of general macroeconomic and geopolitical conditions on UroGen’s business and financial position. In light of these risks and uncertainties, and other risks and uncertainties that are described in the Risk Factors section of UroGen’s Quarterly Report on Form 10-Q being filed with the SEC on May 6, 2026, the events and circumstances discussed in such forward-looking statements may not occur, and UroGen’s actual results could differ materially and adversely from those anticipated or implied thereby. Any forward-looking statements speak only as of the date of this press release and are based on information available to UroGen as of the date of this release. INVESTOR CONTACT: Vincent Perrone Senior Director, Investor Relations [email protected] 609-460-3588 ext. 1093 MEDIA CONTACT: Cindy Romano Director, Corporate Communications [email protected] 609-460-3566 ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-13 13:20
3mo ago
|
UroGen Pharma Ltd. (URGN) Presents at Bank of America Global Healthcare Conference 2026 Transcript | FMP Stock News | |
|
Original source text
UroGen Pharma Ltd. (URGN) Presents at Bank of America Global Healthcare Conference 2026 Transcript |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-15 08:00
3mo ago
|
UroGen Reports 94.5% Six-Month Duration of Response in Phase 3 UTOPIA Trial, Advancing UGN-103 Toward Potential Approval in Recurrent Low-Grade Intermediate-Risk NMIBC | FMP Stock News | |
|
Original source text
PRINCETON, N.J., May 15, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotechnology company focused on transforming the treatment of urothelial and specialty cancers, today announced UGN-103 achieved a 94.5% (95% CI: 86.1, 97.9) durability of response (DOR) at six months by Kaplan-Meier estimate, in the ongoing Phase 3 UTOPIA trial of UGN-103 (mitomycin) for intravesical solution in patients with recurrent low-grade intermediate-risk non-muscle invasive bladder cancer (LG-IR-NMIBC). The six-month results from UTOPIA are generally consistent with the 91.9% (95% CI: 86.9, 95.0) six-month DOR observed with ZUSDURI™ (mitomycin) for intravesical therapy in its pivotal ENVISION trial. ZUSDURI is the first and only treatment approved by the U.S. Food and Drug Administration (FDA) for adult patients with recurrent LG-IR-NMIBC.Based on the consistency of UTOPIA data with the results of the ENVISION trial studying ZUSDURI in patients meeting the same eligibility criteria and alignment with the FDA, UroGen remains on track to submit a New Drug Application (NDA) for UGN-103 in the third quarter of 2026. “The durability of response observed at six months with UGN-103 in the UTOPIA trial is generally consistent with that observed in the pivotal ENVISION trial of ZUSDURI, and highlights the potential to further advance care for adult patients with recurrent LG-IR-NMIBC,” said Abishek Srivastava, MD, Urologic Oncologist at Atlantic Urology Clinics, Myrtle Beach, SC, START Center for Cancer Research, Carolinas and lead investigator of the UTOPIA trial. “UGN-103 builds on a proven therapeutic approach with meaningful innovations that could help enhance how we deliver this therapy in clinical practice.” UGN-103 is designed to build on the clinical and commercial foundation of ZUSDURI. The benefits of UGN-103 include a more streamlined manufacturing process and simplified reconstitution, while preserving the innovative and proven RTGel® technology that enables sustained drug exposure at tumor sites in the bladder. “These clinical data reinforce the potential of UGN-103 to become a new standard of care for adult patients with recurrent LG-IR-NMIBC,” said Liz Barrett, President and Chief Executive Officer of UroGen. “With FDA alignment on our regulatory path, we are advancing with urgency toward NDA submission. We believe UGN-103 represents a significant opportunity to build on our leadership in uro-oncology, expand our commercial portfolio, and drive long-term growth.” UroGen holds U.S. patents covering the combination of its proprietary RTGel technology with medac’s licensed lyophilized mitomycin formulation, as well as the use of UGN-103 in LG-IR-NMIBC, with intellectual property protection expected to extend into December 2041. About UTOPIA The UTOPIA trial is a single-arm, multicenter study evaluating the efficacy and safety of UGN-103 in 99 patients across global sites. Enrolled patients received 75 mg of UGN-103 via intravesical instillation in an outpatient setting once weekly for six weeks. The primary endpoint is CR rate at three months, with responders entering a follow-up phase of up to 12 months to assess DOR. For more information on the UTOPIA study, please visit https://clinicaltrials.gov/study/NCT06331299. About UGN-103 In January 2024, UroGen entered into a licensing and supply agreement with medac to develop UGN-103 for recurrent LG-IR-NMIBC. UGN-103 is designed to reinforce and extend the clinical and commercial profile of ZUSDURI, the first and only FDA-approved treatment for adults with recurrent LG-IR-NMIBC. The program maintains UroGen’s innovative and proven RTGel technology, enabling sustained mitomycin exposure in the bladder, while incorporating next-generation enhancements, including a more streamlined manufacturing process and simplified reconstitution to support improved ease of use in clinical practice. UroGen holds U.S. patents covering the combination of its proprietary RTGel technology with medac’s licensed lyophilized mitomycin formulation, as well as the use of UGN-103 in LG-IR-NMIBC, with intellectual property protection expected to extend into December 2041. About ZUSDURI ZUSDURI (mitomycin) for intravesical solution is an innovative drug formulation of mitomycin approved for the treatment of adults with recurrent LG-IR-NMIBC. Utilizing UroGen’s proprietary RTGel technology (a sustained release, hydrogel-based formulation), ZUSDURI is delivered directly into the bladder by a trained healthcare professional using a urinary catheter in an outpatient setting, thereby enabling the treatment of tumors by non-surgical means. About Non-Muscle Invasive Bladder Cancer (NMIBC) LG-IR-NMIBC affects around 82,000 people in the United States every year and of those, an estimated 59,000 are recurrent. Bladder cancer primarily affects older populations with increased risk of comorbidities, with the median age of diagnosis being 73 years. Guideline recommendations for the management of NMIBC include transurethral resection of bladder tumor (TURBT) as the standard of care. Up to 70 percent of NMIBC patients experience at least one recurrence, and LG-IR-NMIBC patients are even more likely to recur and face repeated TURBT procedures. Learn more about NMIBC at www.BladderCancerAnswers.com. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. Our first product is approved to treat low-grade upper tract urothelial cancer, and our second product, ZUSDURI (mitomycin) for intravesical solution, is approved for adult patients with recurrent LG-IR-NMIBC. Both products are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.UroGen.com to learn more or follow us on X, @UroGenPharma. About medac CDMO The belief that health is humanity’s most valuable resource drives medac group. Since 1970, the mission of medac has been to improve patients’ quality of life worldwide by making the best medical treatments available. Since 2000, medac has been dedicated to improving patient outcomes globally by supporting pharmaceutical companies in bringing the best medical treatments to market. As a trusted Contract Development and Manufacturing Organization (CDMO), headquartered in Germany, medac CDMO is specialised in providing customised, high-quality services to customers and worldwide markets. With a team of over 2,000 highly skilled professionals, medac CDMO offers comprehensive solutions tailored to the needs of clients worldwide. The cutting-edge facilities of medac group in Germany and the Czech Republic are equipped with the latest technologies to ensure precision, efficiency and compliance with the most stringent industry standards. From early-stage development to large-scale commercial production, medac CDMO is committed to foresight, progress, reliability and creative thinking which makes them a solution ahead. The deep expertise, commitment to quality and flexible manufacturing capabilities enable medac CDMO to serve as a trusted partner for pharmaceutical and biotech companies looking to scale their operations and bring life-changing treatments to patients around the globe. For more information, please visit www.medac-cdmo.com. APPROVED USE FOR ZUSDURI ZUSDURI (mitomycin) for intravesical solution is a prescription medicine used to treat adults with a type of cancer of the lining of the bladder called low-grade intermediate risk non-muscle invasive bladder cancer (LG-IR-NMIBC) after previously receiving bladder surgery to remove tumor that did not work or is no longer working. IMPORTANT SAFETY INFORMATION You should not receive ZUSDURI if you have a hole or tear (perforation) of your bladder or if you have had an allergic reaction to mitomycin or to any of the ingredients in ZUSDURI. Before receiving ZUSDURI, tell your healthcare provider about all of your medical conditions, including if you: have kidney problemsare pregnant or plan to become pregnant. ZUSDURI can harm your unborn baby. You should not become pregnant during treatment with ZUSDURI. Tell your healthcare provider right away if you become pregnant or think you may be pregnant during treatment with ZUSDURI. Females who are able to become pregnant: You should use effective birth control (contraception) during treatment with ZUSDURI and for 6 months after the last dose. Males being treated with ZUSDURI: You should use effective birth control (contraception) during treatment with ZUSDURI and for 3 months after the last dose. are breastfeeding or plan to breastfeed. It is not known if ZUSDURI passes into your breast milk. Do not breastfeed during treatment with ZUSDURI and for 1 week after the last dose. How will I receive ZUSDURI? You will receive your ZUSDURI dose from your healthcare provider 1 time a week for 6 weeks into your bladder through a tube called a urinary catheter. It is important that you receive all 6 doses of ZUSDURI according to your healthcare provider’s instructions.If you miss any appointments, call your healthcare provider as soon as possible to reschedule your appointment.During treatment with ZUSDURI, your healthcare provider may tell you to take additional medicines or change how you take your current medicines. After receiving ZUSDURI: ZUSDURI may cause your urine color to change to a violet to blue color. Avoid contact between your skin and urine for at least 24 hours.To urinate, males and females should sit on a toilet and flush the toilet several times after you use it. After going to the bathroom, wash your hands, your inner thighs, and genital area well with soap and water.Clothing that comes in contact with urine should be washed right away and washed separately from other clothing. The most common side effects of ZUSDURI include: increased blood creatinine levels, increased blood potassium levels, trouble with urination, decreased red blood cell counts, increase in certain blood liver tests, increased or decreased white blood cell counts, urinary tract infection, and blood in your urine. You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to UroGen Pharma at 1-855-987-6436. Please see ZUSDURI Full Prescribing Information, including the Patient Information, for additional information. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding: the potential for the Phase 3 UTOPIA trial to support an NDA submission for UGN-103 and the planned timing thereof; the potential path toward approval of UGN-103 and potential approval thereof; the potential of UGN-103 to advance care for and provide benefits to adult patients with recurrent LG-IR-NMIBC and become a new standard of care; the potential of UGN-103 to build on UroGen’s leadership in uro-oncology, expand its commercial portfolio, and drive long-term growth; the potential benefits of UGN-103 as compared to ZUSDURI, including its streamlined manufacturing and reconstitution processes and expected intellectual property protection; the expected duration of intellectual property protection for UGN-103; the estimated annual U.S. patient population and demographics for LG-IR-NMIBC; the potential of UroGen’s proprietary RTGel technology to improve therapeutic profiles of existing drugs other than mitomycin; and UroGen’s sustained release technology making local delivery potentially more effective as compared to other treatment options. Words such as “believe,” “can,” “estimated,” “expect,” “may,” “plan,” “potential,” or other words that convey uncertainty of future events or outcomes are used to identify these forward-looking statements. These statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to: preliminary clinical results may not be indicative of results that may be observed in the future; potential safety and other complications related to UroGen’s products and product candidates; risks related to our and our licensors’ ability to protect our respective patents and other intellectual property, including the fact that UroGen’s or our licensors’ pending patent applications may not be successful, and in such event, the duration of intellectual property protection would be more limited; the ability to maintain regulatory approval; complications associated with commercialization activities; labeling limitations; competition in UroGen’s industry; the scope, progress and expansion of developing and commercializing UroGen’s products and product candidates; the size and growth of the market(s) therefor and the rate and degree of market acceptance thereof vis-à-vis alternative therapies or procedures, such as surgery; UroGen’s ability to attract or retain key management, members of the board of directors and other personnel; UroGen’s RTGel technology and UroGen’s products and product candidates may not perform as expected; the data from the UTOPIA trial may not be sufficient to support approval of UGN-103; UroGen may not successfully develop and receive regulatory approval of any other product that incorporates RTGel technology; and the impacts of general macroeconomic and geopolitical conditions on UroGen’s business and financial position. In light of these risks and uncertainties, and other risks and uncertainties that are described in the Risk Factors section of UroGen’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 6, 2026, the events and circumstances discussed in such forward-looking statements may not occur, and UroGen’s actual results could differ materially and adversely from those anticipated or implied thereby. Any forward-looking statements speak only as of the date of this press release and are based on information available to UroGen as of the date of this release. INVESTOR CONTACT: Vincent Perrone Senior Director, Investor Relations [email protected] 609-460-3588 ext. 1093 MEDIA CONTACT: Cindy Romano Director, Corporate Communications [email protected] 609-460-3566 ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-17 14:30
3mo ago
|
UroGen Pharma Ltd. (URGN) Discusses Real-World Experiences and Outcomes With ZUSDURI for Recurrent Bladder Cancer Transcript | FMP Stock News | |
|
Original source text
UroGen Pharma Ltd. (URGN) Discusses Real-World Experiences and Outcomes With ZUSDURI for Recurrent Bladder Cancer Transcript |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-06-01 16:10
2mo ago
|
UroGen Pharma to Present at the Goldman Sachs 47th Annual Global Healthcare Conference | FMP Stock News | |
|
Original source text
PRINCETON, N.J., June 01, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotechnology company focused on transforming the treatment of urothelial and specialty cancers, today announced that management will present at the Goldman Sachs 47th Annual Global Healthcare Conference to take place on June 8-10, 2026.Goldman Sachs 47th Annual Global Healthcare Conference Date / Time:June 10, 2026, at 8:40 AM ETFormat:Fireside chat and 1x1 investor meetingsLocation:Miami Beach, FLWebcast Link:here The webcast from the conference will also be available on UroGen’s corporate website, under Events & Presentations. A replay will be available for approximately 90 days. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. Our first product is approved to treat low-grade upper tract urothelial cancer, and our second product is approved for adult patients with recurrent LG-IR-NMIBC. Both products are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.urogen.com to learn more or follow us on X, @UroGenPharma. INVESTORS: Vincent Perrone Senior Director, Investor Relations [email protected] 609-460-3588 ext. 1093 MEDIA: Cindy Romano Director, Corporate Communications [email protected] 609-460-3566 ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-06-02 08:00
2mo ago
|
UroGen Announces Agreement Resolving Patent Litigation Relating to JELMYTO® (mitomycin) for pyelocalyceal solution | FMP Stock News | |
|
Original source text
Agreement reinforces the value of UroGen’s innovation and reflects the strength of the Company’s intellectual property portfolioTeva will be granted a non-exclusive license to sell its generic version of JELMYTO beginning on September 15, 2030, if approved by the FDA PRINCETON, N.J., June 02, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotechnology company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced that it has entered into a settlement and license agreement (the “Agreement”’) with Teva Pharmaceuticals, Inc. and Teva Pharmaceuticals, USA, Inc. (collectively, “Teva”). This Agreement resolves the patent litigation UroGen initiated in response to Teva’s submission of an Abbreviated New Drug Application (ANDA) to the U.S. Food and Drug Administration (“FDA”) seeking approval to market a generic version of JELMYTO® (mitomycin) for pyelocalyceal solution prior to the expiration of the relevant Company patents. Please note, that the Teva ANDA has not received tentative approval from the FDA, according to the Agency’s public database.Under the terms of the Agreement, UroGen will grant Teva a non-exclusive license to sell its generic version of JELMYTO beginning on September 15, 2030, if approved by the FDA, unless certain limited circumstances customarily included in these types of agreements occur. In accordance with the Agreement, the parties will ask the court to dismiss the pending patent litigation with prejudice. “We believe this resolution underscores the innovation behind our RTGel® technology and the strength of our intellectual property portfolio,” said Liz Barrett, President and Chief Executive Officer of UroGen. “We look forward to continuing to execute on our mission to transform paradigms in uro-oncology with our innovative treatments.” JELMYTO has regulatory exclusivity through April 15, 2027, and is covered by Orange Book-listed patents expiring on January 20, 2031. The negotiated license date preserves nearly all of this patent protection period, reflecting the strength of the Company’s intellectual property. As required by law, the companies will submit the Agreement to the U.S. Federal Trade Commission and U.S. Department of Justice for review. About JELMYTO JELMYTO® (mitomycin) for pyelocalyceal solution is a mitomycin-containing reverse thermal gel containing 4 mg mitomycin per mL gel approved for the treatment of adult patients with LG-UTUC. JELMYTO is a viscous liquid when cooled and becomes a semi-solid gel at body temperature. The drug slowly dissolves over four to six hours after instillation and is removed from the urinary tract by normal urine flow and voiding. It is approved for administration in a retrograde manner via ureteral catheter or antegrade through a nephrostomy tube. The delivery system allows the initial liquid to coat and conform to the upper urinary tract anatomy. The eventual semisolid gel allows for chemoablative therapy to remain in the collecting system for four to six hours without immediately being diluted or washed away by urine flow. About Upper Tract Urothelial Cancer Urothelial cancer is the ninth most common cancer globally and the eighth most lethal neoplasm in men in the U.S. Between five percent and ten percent of primary urothelial cancers originate in the ureter or renal pelvis and are collectively referred to as UTUC. In the U.S., there are approximately 6,000 - 7,000 new or recurrent LG-UTUC patients annually. Most cases are diagnosed in patients over 70 years old, and these older patients often have multiple comorbidities. There are limited treatment options for UTUC, with the most common being endoscopic surgery or nephroureterectomy (removal of the entire kidney and ureter). Treatment with endoscopic surgery can be associated with a high rate of recurrence and relapse. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel® reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. Our first product is approved to treat low-grade upper tract urothelial cancer, and our second product is approved for adult patients with recurrent LG-IR-NMIBC. Both products are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.UroGen.com to learn more or follow us on X, @UroGenPharma. APPROVED USE FOR JELMYTO JELMYTO® is a prescription medicine used to treat adults with a type of cancer of the lining of the upper urinary tract including the kidney called low-grade Upper Tract Urothelial Cancer (LG-UTUC). IMPORTANT SAFETY INFORMATION You should not receive JELMYTO if you have a hole or tear (perforation) of your bladder or upper urinary tract. Before receiving JELMYTO, tell your healthcare provider about all your medical conditions, including if you: are pregnant or plan to become pregnant. JELMYTO can harm your unborn baby. You should not become pregnant during treatment with JELMYTO. Tell your healthcare provider right away if you become pregnant or think you may be pregnant during treatment with JELMYTO. Females who are able to become pregnant: You should use effective birth control (contraception) during treatment with JELMYTO and for 6 months after the last dose. Males being treated with JELMYTO: If you have a female partner who is able to become pregnant, you should use effective birth control (contraception) during treatment with JELMYTO and for 3 months after the last dose.are breastfeeding or plan to breastfeed. It is not known if JELMYTO passes into your breast milk. Do not breastfeed during treatment with JELMYTO and for 1 week after the last dose.Tell your healthcare provider if you take water pills (diuretic). How will I receive JELMYTO? Your healthcare provider will tell you to take a medicine called sodium bicarbonate before each JELMYTO treatment.You will receive your JELMYTO dose from your healthcare provider 1 time a week for 6 weeks. It is important that you receive all 6 doses of JELMYTO according to your healthcare provider’s instructions. If you miss any appointments, call your healthcare provider as soon as possible to reschedule your appointment. Your healthcare provider may recommend up to an additional 11 monthly doses.JELMYTO is given to your kidney through a tube called a catheter.During treatment with JELMYTO, your healthcare provider may tell you to take additional medicines or change how you take your current medicines. After receiving JELMYTO: JELMYTO may cause your urine color to change to a violet to blue color. Avoid contact between your skin and urine for at least 6 hours.To urinate, males and females should sit on a toilet and flush the toilet several times after you use it. After going to the bathroom, wash your hands, your inner thighs, and genital area well with soap and water. Clothing that comes in contact with urine should be washed right away and washed separately from other clothing. JELMYTO may cause serious side effects, including: Swelling and narrowing of the tube that carries urine from the kidney to the bladder (ureteric obstruction). If you develop swelling and narrowing, and to protect your kidney from damage, your healthcare provider may recommend the placement of a small plastic tube (stent) in the ureter to help the kidney drain. Tell your healthcare provider right away if you develop side pain or fever during treatment with JELMYTO.Bone marrow problems. JELMYTO can affect your bone marrow and can cause a decrease in your white blood cell, red blood cell, and platelet counts. Your healthcare provider will do blood tests prior to each treatment to check your blood cell counts during treatment with JELMYTO. Your healthcare provider may need to temporarily or permanently stop JELMYTO if you develop bone marrow problems during treatment with JELMYTO.The most common side effects of JELMYTO include: urinary tract infection, blood in your urine, side pain, nausea, trouble with urination, kidney problems, vomiting, tiredness, stomach (abdomen) pain. You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to UroGen Pharma at 1-855-987-6436. Please see JELMYTO Full Prescribing Information, including the Patient Information, for additional information. Forward-Looking Statements This statement contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding: the anticipated dismissal of the pending patent litigation with prejudice; UroGen’s ability to transform paradigms with its solutions; the strength of UroGen’s intellectual property portfolio and the value of UroGen’s innovation; the potential for UroGen to transform urothelial cancer treatments; the strength of UroGen’s patents and UroGen’s plans to vigorously defend its intellectual property rights; the patient population for UTUC; the potential of UroGen’s proprietary RTGel technology to improve therapeutic profiles of existing drugs; and UroGen’s sustained release technology making local delivery potentially more effective as compared to other treatment options. Words and phrases such as “believe,” “can” “expected,” “if,” “look forward to,” “may,” “plans to” “potential,” “will,” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to: uncertainties related to whether UroGen’s patent-infringement lawsuit against Teva will be successful; the ability obtain and maintain adequate intellectual property rights and adequately protect and enforce such rights; the costs and outcome of legal proceedings to enforce such intellectual property rights, including the lawsuit against Teva; competition in UroGen’s industry, including the potential approval and introduction of generic or branded products that compete with UroGen’s product or product candidates; and the ability to maintain regulatory approval; complications associated with commercialization activities; the scope, progress and expansion of developing and commercializing UroGen’s product candidates; the timing and success of clinical trials and potential safety and other complications thereof; the size and growth of the market(s) for UroGen’s product and product candidates and the rate and degree of market acceptance thereof vis-à-vis alternative therapies; UroGen’s RTGel technology may not perform as expected; UroGen may not successfully develop and receive regulatory approval of any other product that incorporates RTGel technology; UroGen’s ability to attract or retain key management, members of the board of directors and personnel; and UroGen’s financial condition and need for additional capital in the future.. In light of these risks and uncertainties, and other risks and uncertainties that are described in the Risk Factors section of UroGen’s Annual Report on Form 10-Q for the first quarter ended March 31, 2026, filed with the SEC on May 6, 2026, the events and circumstances discussed in such forward-looking statements may not occur, and UroGen’s actual results could differ materially and adversely from those anticipated or implied thereby. Any forward-looking statements speak only as of the date of this press release and are based on information available to UroGen as of the date of this release. INVESTOR CONTACT: Vincent Perrone Senior Director, Investor Relations [email protected] 609-460-3588 ext. 1093 MEDIA CONTACT: Cindy Romano Director, Corporate Communications [email protected] 609-460-3566 ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-06-05 08:00
2mo ago
|
UroGen Pharma Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) | FMP Stock News | |
|
Original source text
PRINCETON, N.J., June 05, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced the grants of inducement restricted stock units (“RSUs”) to 21 new employees in connection with their employment with UroGen. These new team members will support the ongoing commercialization of JELMYTO® (mitomycin) for pyelocalyceal solution and ZUSDURITM (mitomycin) for intravesical solution, UroGen’s only approved products, and the continued development of UroGen’s pipeline.Up to 102,700 ordinary shares of UroGen are issuable upon the vesting and settlement of the RSUs. The RSUs will vest equally over three years, with one-third of the underlying shares vesting each year on the anniversary of the vesting date, subject in each case to the employee’s continued service relationship with UroGen. The RSUs are subject to the terms and conditions of UroGen’s 2019 Inducement Plan and RSU grant notice and agreement thereunder. The RSUs were granted as an inducement material to each employee entering into employment with UroGen in accordance with Nasdaq Listing Rule 5635(c)(4). About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel® reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. UroGen’s first commercial product is approved to treat low-grade upper tract urothelial cancer, and UroGen’s second product is the first and only FDA-approved medication for adults with recurrent low-grade intermediate-risk non-muscle invasive bladder cancer. Both medicines are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, New Jersey with operations in Israel. To learn more, visit www.urogen.com or follow us on X, @UroGenPharma. JELMYTO®, RTGel®, ZUSDURI™ and UroGen® are registered trademarks of UroGen Pharma Ltd. INVESTOR CONTACT: Vincent Perrone [email protected] (609) 460-3588 Ext. 1093 MEDIA CONTACT: Cindy Romano [email protected] (609) 460-3566 Ext. 1083 |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-06-10 14:42
2mo ago
|
UroGen Pharma Ltd. (URGN) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript | FMP Stock News | |
|
Original source text
UroGen Pharma Ltd. (URGN) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-03-13 12:45
5mo ago
|
Ascent Industries: Back In Buy Territory After Its Strategic Reset | FMP Stock News | |
|
Original source text
ACNT is now a pure-play specialty chemicals company. They've replaced their mixed tubing-and-chemicals operations with a leaner industrial specialty chemicals focus. 2025 was mixed as revenues declined, but gross profit, gross margin, and adjusted EBITDA improved materially. In my view, this suggests that ACNT's leaner business model is strengthening despite the expected initial transition friction. |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-04-01 08:30
4mo ago
|
Ascent Industries Appoints Two Proven Specialty Chemicals Leaders to Board of Directors | FMP Stock News | |
|
Original source text
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (“Ascent” or the “Company”), a specialty chemicals platform delivering differentiated, performance-driven chemical solutions, today announced the appointment of Carmen J. Giannantonio and Jeremy F. Rohen to its Board of Directors, effective April 1, 2026. These appointments reflect Ascent's continued transformation into a pure-play specialty chemicals company and its commitment to aligning Board composition with the Company's strategy. Ca. |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-04-17 01:36
4mo ago
|
Ascent Industries Co. (NASDAQ:ACNT) Sees Large Increase in Short Interest | FMP Stock News | |
|
Original source text
Posted by Defense World Staff on Apr 17th, 2026Ascent Industries Co. (NASDAQ:ACNT – Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 338,424 shares, a growth of 19.5% from the March 15th total of 283,226 shares. Approximately 4.0% of the company’s stock are short sold. Based on an average daily volume of 138,633 shares, the short-interest ratio is currently 2.4 days. Wall Street Analysts Forecast Growth Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ascent Industries in a research report on Tuesday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”. View Our Latest Stock Report on ACNT Ascent Industries Price Performance Shares of NASDAQ:ACNT opened at $13.92 on Friday. The company has a quick ratio of 6.01, a current ratio of 6.72 and a debt-to-equity ratio of 0.01. Ascent Industries has a fifty-two week low of $11.46 and a fifty-two week high of $17.92. The firm has a 50-day simple moving average of $14.65 and a 200 day simple moving average of $14.54. The company has a market cap of $128.62 million, a PE ratio of 126.56 and a beta of 0.55. Ascent Industries (NASDAQ:ACNT – Get Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.27). Ascent Industries had a net margin of 1.06% and a negative return on equity of 2.89%. The business had revenue of $18.76 million for the quarter, compared to the consensus estimate of $48.90 million. Ascent Industries declared that its board has approved a stock repurchase program on Thursday, December 18th that permits the company to repurchase $2.00 million in shares. This repurchase authorization permits the company to reacquire up to 1.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued. Insider Activity In other Ascent Industries news, CEO John Bryan Kitchen acquired 7,595 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was acquired at an average price of $12.98 per share, with a total value of $98,583.10. Following the transaction, the chief executive officer directly owned 79,985 shares in the company, valued at approximately $1,038,205.30. This represents a 10.49% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Anthony X. Pan acquired 3,400 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $13.30 per share, with a total value of $45,220.00. Following the transaction, the vice president owned 20,651 shares in the company, valued at approximately $274,658.30. The trade was a 19.71% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 9.31% of the stock is currently owned by insiders. Institutional Inflows and Outflows Several institutional investors and hedge funds have recently bought and sold shares of ACNT. Goldman Sachs Group Inc. bought a new position in Ascent Industries in the 1st quarter worth about $227,000. Empowered Funds LLC grew its position in Ascent Industries by 6.5% in the 1st quarter. Empowered Funds LLC now owns 47,620 shares of the company’s stock worth $603,000 after purchasing an additional 2,927 shares during the last quarter. Jane Street Group LLC bought a new position in Ascent Industries in the 1st quarter worth about $269,000. Geode Capital Management LLC grew its position in Ascent Industries by 91.9% in the 2nd quarter. Geode Capital Management LLC now owns 194,433 shares of the company’s stock worth $2,452,000 after purchasing an additional 93,125 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Ascent Industries by 121,970.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,207 shares of the company’s stock worth $154,000 after purchasing an additional 12,197 shares during the last quarter. Institutional investors own 26.05% of the company’s stock. About Ascent Industries (Get Free Report) Ascent Industries Co an industrials company, produces and distributes stainless steel pipe and tube and specialty chemicals in the United States and internationally. The company operates through two segments, Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and ornamental stainless steel tubes for automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries. Further Reading Five stocks we like better than Ascent Industries Receive News & Ratings for Ascent Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascent Industries and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAureus Greenway Holdings Inc. (NASDAQ:AGH) Sees Large Decline in Short Interest NEXT HEADLINE »Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) Short Interest Up 21.7% in March |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-04-27 11:20
3mo ago
|
Ascent Industries Sets First Quarter 2026 Earnings Conference Call for May 6, 2026, at 5:00 p.m. ET | FMP Stock News | |
|
Original source text
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), a specialty chemicals platform focused on the development, production, and distribution of tailored, performance-driven chemical solutions, will hold a conference call on Wednesday, May 6, 2026, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2026. The results will be reported in a press release prior to the conference call. Ascent management will. |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-06 16:05
3mo ago
|
Ascent Industries Co. Announces First Quarter 2026 Results | FMP Stock News | |
|
Original source text
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), a specialty chemicals platform delivering differentiated, performance-driven chemical solutions, is reporting its results for the first quarter ended March 31, 2026. First Quarter 2026 Summary1 (in millions, except per share and margin) Q1 2026 Q1 2025 Change Net Sales $19.4 $17.8 9.0% Gross Profit $2.8 $3.1 (8.3)% Gross Profit Margin 14.5% 17.2% -272bps Net Loss $(2.0) $(2.2) (9.0)% Diluted Los. |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-06 16:10
3mo ago
|
Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales | FMP Stock News | |
|
Original source text
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales. |
|||
|
Saved
2026-06-11 11:11
2mo ago
Published
2026-05-06 19:11
3mo ago
|
Ascent Industries Co. (ACNT) Q1 2026 Earnings Call Transcript | FMP Stock News | |
|
Original source text
Ascent Industries Co. (ACNT) Q1 2026 Earnings Call Transcript |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-03-31 08:25
4mo ago
|
Comstock Holding: Do Not Take Profits Yet | FMP Stock News | |
|
Original source text
Comstock Holding maintains a buy rating thanks to robust growth, strong balance sheet, and attractive valuation despite a 106% rally in the past year. CHCI posted its 28th consecutive quarter of year-over-year growth, with Q4 revenue up 42% and EPS up 29%, driven by high leasing activity and strategic assets. Management guides for continued growth, supported by a fee-based model, 13 assets in the pipeline, and a net cash position representing 22% of market cap. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-04-02 09:33
4mo ago
|
Comstock Highlights Dwight Schar's Legendary Career and Ongoing Influence | FMP Stock News | |
|
Original source text
RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today highlighted a feature profile on Dwight Schar published by HousingWire that recognizes his enduring impact on the homebuilding industry and continued influence on Comstock's long-term strategy. The online feature provides a comprehensive look at Mr. Schar's career, including. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-04-08 09:30
4mo ago
|
Comstock Welcomes Taste Buds Kitchen to Loudoun Station | FMP Stock News | |
|
Original source text
RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced today the signing of a new lease agreement with Taste Buds Kitchen for 2,600 square feet of retail space at 22114 Gramercy Park Drive in Loudoun Station. Taste Buds Kitchen is a franchise-based culinary entertainment experience company offering interactive cooking. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-04-10 13:36
4mo ago
|
Comstock Acquires Woodland Pointe, Secures Full-Campus Lease with Peraton | FMP Stock News | |
|
Original source text
RESTON, Va.--(BUSINESS WIRE)--Comstock Acquires Woodland Pointe, Secures Full-Campus Lease with Peraton. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-04-15 06:15
4mo ago
|
Comstock Releases Shareholder Letter and Reminder of AGM Registration | FMP Stock News | |
|
Original source text
VIRGINIA CITY, Nev., April 15, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) (“Comstock” and the “Company”) today announced that its chief executive officer issued the following letter to shareholders:Dear Shareholders: On behalf of our Board of Directors, Executive Officers, and the entire team, we thank all of you, our new and long-standing shareholders, for supporting a remarkable transformation that has positioned us for global growth and impact. In 2021, we set out on an ambitious transformation - evolving from a traditional mining company into a global, standard-setting, certified, zero-landfill renewable metals solution. Your support, especially throughout 2025 and early 2026, has been integral, as we continue accelerating the commercial deployment of our differentiated metal recycling solution. Comstock Metals has deployed and is now scaling a sustainable, proprietary, and highly efficient metal recycling solution that produces clean aluminum, silver, copper, and glass - critical to renewable energy supply chains - and we are now developing a domestic refining solution designed to maximize the recovery of these and other critical metals from abundant, rapidly expiring, photovoltaic waste resources - we can now envision a silver mine that never stops producing. Comstock Metals has proven its process with all types of solar panels through multi-year, demonstration-scale production and has secured all prerequisite permits to now expand and scale its industrial operations. We have received substantially all of our industry-scale equipment, expanded our storage capacity, and secured world-class customers. We have designed a first-of-its-kind, industrial tailings refining solution that enables a fully closed-loop process for our mineral-rich tailings. Our team’s persistence has been unwavering, and we are now commercializing with full focus and speed. Building on that momentum, our goal is nothing short of establishing the global standard in solar recycling and refining. Our core objectives for 2026-2030 include capturing leading market shares with larger, more strategic customer transactions, deploying at least five solar panel recycling facilities; beginning with the first two in Nevada, designing, testing and deploying a one-ton-per-day demonstration refinery in Nevada, and integrating storage facilities across the country, including our initial storage and transfer locations in California, Nevada, and Ohio. International expansion will follow as our domestic recycling and refining capacity comes online and our market share continues to grow and grow. Monetizing our legacy Our legacy starts with our namesake, the Comstock Lode. We are in advance discussions with a select group of credible, well capitalized mining companies for the sale of our mining assets. We believe that the expected financial returns from recycling solar panels (also known as “urban mining”) far exceed the returns from hard-rock mining in both speed, duration, and of course, absolute magnitude. Capital redeployed from our mining assets to our solar recycling platform is expected to result in highly positive and sustainable value accretion for our stakeholders. We expect approximately $50 million in value from this transaction with meaningful cash up front this year and more cash over the next few years. Our legacy also includes prior investments in real estate, including the formation of Sierra Springs Opportunity Fund Inc. (“SSOF”) and the consolidation of thousands of acres of industrial, commercial, and residential real estate in Silver Springs, Nevada. This real estate includes the locations we are leasing for our metal recycling facilities. Our recent ability to secure natural gas-based power sources, in an area now leading in industrial manufacturing and data center development, positions us to capitalize on both our investment in SSOF and our adjacent, direct land holdings. While this requires additional capital allocation to perfect and control, the results should enable an extremely valuable, monetizable land portfolio that we have prioritized to sell. We expect to define these transactions and values in 2026. We appreciate everyone’s support, including our new investors and directors, and look forward to executing in 2026. Kindest regards, Corrado De Gasperis Chief Executive Officer, Comstock Inc. Reminder: The 2026 Annual Meeting schedule for May 28, 2026, is as follows: 8:00 am to 9:00 am PDTContinental Breakfast9:00 am to 11:30 am PDT2026 Annual Shareholders Meeting, Company Presentations, Q & A12:00 pm to 1:00 pm PDTLunch and Conversations with Company Management and Directors The record date for the Annual Meeting is March 31, 2026. Only shareholders of record at the close of business on March 31, 2026, may vote at the meeting. The Company’s proxy statement will be sent to shareholders of record and will describe all matters to be voted on. Shareholders are invited to register for the 2026 Annual Meeting: Register to Attend. About Comstock Inc. Comstock Inc. (NYSE: LODE) innovates and commercializes technologies, systems and supply chains that enable, support and sustain clean energy systems by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable metals, like silver, aluminum, gold, and other critical minerals, primarily from end-of-life photovoltaics. To learn more, please visit www.comstock.inc. Comstock Social Media Policy Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Contacts For investor inquiries: Judd B. Merrill, Chief Financial Officer Tel (775) 413-6222 [email protected] For media inquiries: Zach Spencer, Director of External Relations Tel (775) 847-7573 [email protected] Forward-Looking Statements This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “forecast,” “seek,” “target,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: expectations regarding the completion of the proposed securities offering, future market conditions; future explorations or acquisitions, divestitures, spin-offs or similar distribution transactions; future changes in our research, development and exploration activities; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; land entitlements and uses; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, joint ventures, strategic alliances, business combinations, operational, tax, financial and restructuring initiatives, including the nature, timing and accounting for restructuring charges, derivative assets and liabilities and the impact thereof; contingencies; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings, limitations on sales or offering of equity or debt securities, including asset sales and associated costs; and future working capital needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC and the following: sales of, and demand for, our products, services, and/or properties; industry market conditions, including the volatility and uncertainty of commodity prices; the speculative nature, costs, regulatory requirements, and hazards of natural waste resource identification, exploration, development, availability, recycling, extraction, processing, and refining activities, including operational or technical difficulties, and risks of diminishing quantities or insufficiency of grades of qualified resources; changes in our planning, exploration, research and development, production, and operating activities; research and development, exploration, production, operating, and other variable and fixed costs; throughput rates, margins, earnings, debt levels, contingencies, taxes, capital expenditures, net cash flows, and growth; restructuring activities, including the nature and timing of restructuring charges and the impact thereof; employment and contributions of personnel, including our reliance on key management personnel; the costs and risks associated with developing new technologies; our ability to commercialize existing and new technologies; the impact of new, emerging, and competing technologies on our business; the possibility of one or more of the markets in which we compete being impacted by political, legal, and regulatory changes, or other external factors over which we have little or no control; the effects of mergers, consolidations, and unexpected announcements or developments from others; the impact of laws and regulations, including permitting and remediation requirements and costs; changes in or elimination of laws, regulations, tariffs, trade, or other controls or enforcement practices, including the potential that we may not be able to comply with applicable regulations; changes in generally accepted accounting principles; adverse effects of climate changes, natural disasters, and health epidemics, such as the COVID-19 outbreak; global economic and market uncertainties, changes in monetary or fiscal policies or regulations, the impact of terrorism and geopolitical events, volatility in commodity and/or other market prices, and interruptions in delivery of critical supplies, equipment and/or raw materials; assertion of claims, lawsuits, and proceedings against us; potential inability to satisfy debt and lease obligations, including because of limitations and restrictions contained in the instruments and agreements governing our indebtedness; our ability to raise additional capital and secure additional financing; interruptions in our production capabilities due to equipment failures or capital constraints; potential dilution from stock issuances, recapitalization, and balance sheet restructuring activities; potential inability or failure to timely file periodic reports with the Securities and Exchange Commission; potential inability to maintain the listing of our securities on any securities exchange or market; and our ability to implement additional financial and management controls, reporting systems and procedures and comply with Section 404 of the Sarbanes-Oxley Act, as amended. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company, the fund, or any other issuer. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-04-30 16:15
3mo ago
|
Comstock Inc. to Host Q1 2026 Earnings Call and Business Update | FMP Stock News | |
|
Original source text
VIRGINIA CITY, Nev., April 30, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) (“Comstock” and the “Company”) is pleased to announce that the Company's CEO, Corrado De Gasperis, and CFO, Judd Merrill will be providing an overview of our first quarter 2026 financial results and current business updates on Thursday, May 7, 2026, at 4:30pm ET. We invite all investors and other interested parties to register for the webinar at the link below. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-05 09:30
3mo ago
|
Comstock and McWilliams|Ballard Report Continued Sales Momentum for JW Marriott Residences Reston Station | FMP Stock News | |
|
Original source text
RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock"), in partnership with McWilliams|Ballard ("MCWB"), today announced that new condominium sales at JW Marriott Residences Reston Station ("JW Marriott Residences") exceeded $12 million for the first quarter of 2026, continuing the impressive momentum it earned as the DMV's best-selling luxury condominium community. Opened in September 2025, the JW Marriott Residences have already recognized nearly $90 millio. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-06 22:21
3mo ago
|
Comstock Resources: Large Q1 2026 Cash Burn Despite Strong Benchmark Natural Gas Prices (Rating Upgrade) | FMP Stock News | |
|
Original source text
Comstock reported a $223 million free cash flow deficit in Q1 2026, including the impact of $55 million in midstream capex. While benchmark natural gas prices averaged near $5, Comstock realized $3.46 per Mcfe for its production during the quarter. Comstock had significant realized hedging losses in Q1 2026 and also dealt with temporarily wider regional differentials. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-07 10:01
3mo ago
|
Comstock Resources Q1 Earnings Miss Estimates on Lower Production | FMP Stock News | |
|
Original source text
Key Takeaways Comstock Resources missed Q1 earnings estimates as severe weather reduced production volumes.CRK's revenues rose 14.5% y/y to $587.3M, supported by higher gas prices and increased gas services revenues.CRK's gas services revenues jumped to $166.5M, while the company advanced the Haynesville drilling activity. Comstock Resources, Inc. (CRK - Free Report) reported first-quarter 2026 adjusted earnings of 15 cents per share, which missed the Zacks Consensus Estimate of 23 cents by 34.8%. The bottom line declined from the year-ago level of 18 cents. Total quarterly revenues of $587.3 million topped the Zacks Consensus Estimate of $505.2 million by 16.3%. The top line increased 14.5% from the prior-year figure of $512.8 million. The weak quarterly earnings can be attributed to lower production volume due to severe weather conditions. Higher average natural gas price realizations and improved gas services revenues partially offset the negatives. CRK’s Production Fell, but New Wells Supported a ReboundTotal production averaged 97,919 million cubic feet equivalent (MMcfe), lower than the year-ago quarter’s level of 115,091 MMcfe. This represented a drop of roughly 14.9%, aligning with management’s statement that weather dampened volumes in the quarter. Natural gas production declined to 97,855 million cubic feet (MMcf) from 115,029 MMcf a year ago. The company’s operational execution remained active. During the quarter, 17 operated Haynesville/Bossier wells were drilled and 13 brought into sales, setting up volume recovery for the remainder of 2026. CRK’s Price Realization IncreasedAverage natural gas price realization (before hedging) came in at $4.27 per thousand cubic feet (Mcf), up from $3.58 per Mcf in the prior-year quarter. Total price realization (before hedging) averaged $4.28 per thousand cubic feet equivalent (Mcfe) compared with $3.59 per Mcfe in the first quarter of 2025. Comstock’s Revenue Mix Benefits From Gas ServicesWhile earnings missed estimates, revenue strength was broad-based. Natural gas sales were $418.3 million, modestly ahead of the prior year’s figure of $412.3 million, reflecting better pricing despite lower volumes. Oil sales were $0.8 million, slightly higher than $0.7 million recorded in the year-ago quarter. Gas services revenues were standout contributors, having increased to $166.5 million from $99.9 million in the year-ago quarter. Management attributed the increase primarily to higher natural gas prices tied to sales of gas purchased to utilize excess transport capacity. The gas services segment generated a positive margin of $3.6 million against a loss of $16.9 million a year earlier. CRK’s Unit Costs Rose as Expenses ShiftedCRK’s production cost averaged 93 cents per Mcfe, up from 83 cents per Mcfe a year ago. The cost structure per Mcfe for the first quarter of 2026 included 43 cents for gathering and transportation costs, 29 cents for lease operating expenses, 10 cents for production and ad valorem taxes, and 11 cents for cash general and administrative expenses compared with 37 cents, 30 cents, 10 cents and 6 cents, respectively, in the year-ago quarter. Margins remained healthy but reflected the impact of hedging and cost mix. The company reported an unhedged operating margin of 78% in the quarter and a hedged operating margin of 73% compared with 77% and 76%, respectively, in the previous year. On the expense lines, general and administrative costs increased year over year due to higher employee compensation and stock-based compensation, while depreciation, depletion and amortization declined in line with the lower production base. Total operating expenses in the quarter came in at $412.5 million, higher than the $386.7 million reported a year ago. Gas services expenses rose to $162.9 million from $116.8 million in the fourth quarter of 2025. Comstock’s Hedging Results Drive a Wide Profit BridgeHedging was a major swing factor in reported profitability. Comstock recorded realized hedging losses of $80.4 million in the quarter, while recognizing a pre-tax unrealized gain of $82.8 million tied to changes in future natural gas prices since the fourth quarter of 2025. GAAP net income was $112.5 million, or 38 cents per diluted share, even though the company’s adjusted performance was more subdued. A year ago, the same was at a loss of $115 4 million, or 40 cents loss per share. Adjusted net income declined to $44.5 million from the year-ago figure of $53.8 million, while adjusted EBITDAX totaled $251.3 million compared with $293 million in the prior-year quarter. CRK’s Cash Generation Stays Solid Despite Heavy SpendOperating cash flow (excluding working capital changes) was $191.9 million, or 66 cents per share, highlighting the earnings power of the Haynesville position even in a weather-impacted quarter. CRK exited the quarter with $14.8 million of cash and cash equivalents, and reported total debt of $3 billion. Liquidity was $1.3 billion, reflecting borrowing capacity under its revolving credit facilities and cash on hand. Capital spending remained elevated, with total capital expenditures of $417.1 million in the quarter, including $343.3 million of exploration and development capital expenditures. Comstock’s Strategic Power Hub Adds a Longer-Term AngleBeyond the quarter’s financials, Comstock highlighted a power generation opportunity tied to its Western Haynesville footprint. The company noted that the region was selected to host a natural gas-fired power generation hub in Anderson County, TX. The facility is aimed at delivering dispatchable power at scale, and having up to 5.2 GW of gas-fired generation. The $16-billion project will be constructed and operated by NextEra, the country’s biggest builder of energy infrastructure. It will be jointly owned by the United States and Japan, per the agreement. Comstock expects to supply natural gas to the facility, with potential demand nearing 1 Bcf per day by 2031, offering a tangible pathway to support future regional gas demand alongside its drilling-driven production recovery narrative. CRK's Zacks RankCRK currently carries a Zacks Rank #3 (Hold). Recent Energy Sector ReleasesSome stocks from the energy sector that have recently reported their earnings are Chevron Corporation (CVX - Free Report) , BP plc (BP - Free Report) and Eni S.p.A. (E - Free Report) . CVX and E each currently sport a Zacks Rank #1 (Strong Buy), while BP has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Chevron reported first-quarter 2026 adjusted earnings per share of $1.41, which beat the Zacks Consensus Estimate of 92 cents. As of March 31, 2026, CVX reported $5.3 million in cash and cash equivalents. At the quarter's end, its total debt amounted to $45.4 billion. BP reported first-quarter 2026 earnings of $1.24 per American Depositary Share, which beat the Zacks Consensus Estimate of 91 cents. As of March 31, 2026, BP reported $35.7 million in cash and cash equivalents. At the quarter's end, its long-term debt totaled $25.3 billion. Eni reported first-quarter 2026 adjusted earnings from continuing operations of 81 cents per American Depository Receipt, which missed the Zacks Consensus Estimate of $1.13. As of March 31, 2026, E had a long-term debt of €21.7 billion, and cash and cash equivalents of €8.3 billion. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-07 11:48
3mo ago
|
Comstock Resources: Buy When The Numbers Look Terrible | FMP Stock News | |
|
Original source text
Comstock Resources (CRK) reported capital outspending and a production decline, triggering a 13% stock drop amid market skepticism. CRK is investing in delineating new Western Haynesville acreage. Management expects well delays that are part of the legacy Haynesville acreage to resolve in Q2. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-07 16:05
3mo ago
|
Comstock Announces First Quarter 2026 Results and Corporate Updates | FMP Stock News | |
|
Original source text
VIRGINIA CITY, Nev., May 07, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock,” “our,” and the “Company”), today announced its first quarter 2026 results, business updates and an updated 2026 business outlook. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-07 20:11
3mo ago
|
Comstock Inc. (LODE) Reports Q1 Loss, Lags Revenue Estimates | FMP Stock News | |
|
Original source text
Comstock Inc. (LODE - Free Report) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to a loss of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +20.00%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.24, delivering a surprise of -33.33%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. COMSTOCK INC, which belongs to the Zacks Waste Removal Services industry, posted revenues of $0.31 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 29.56%. This compares to year-ago revenues of $0.79 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. COMSTOCK INC shares have lost about 13% since the beginning of the year versus the S&P 500's gain of 7.6%. What's Next for COMSTOCK INC?While COMSTOCK INC has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for COMSTOCK INC was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.13 on $4.83 million in revenues for the coming quarter and -$0.41 on $22.96 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Waste Removal Services is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Algorhythm Holdings, Inc. (RIME - Free Report) , another stock in the broader Zacks Business Services sector, has yet to report results for the quarter ended March 2026. This company is expected to post quarterly loss of $0.73 per share in its upcoming report, which represents a year-over-year change of +84.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Algorhythm Holdings, Inc.'s revenues are expected to be $2 million, up 0.5% from the year-ago quarter. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-07 21:21
3mo ago
|
Comstock Inc. (LODE) Q1 2026 Earnings Call Transcript | FMP Stock News | |
|
Original source text
Comstock Inc. (LODE) Q1 2026 Earnings Call Transcript |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-09 19:05
3mo ago
|
Comstock Resources Q1 Earnings Call Highlights | FMP Stock News | |
|
Original source text
2 hours agoT3 Companies LLC Takes Position in Tesla, Inc. $TSLAT3 Companies LLC bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,870 shares of the electric vehicle producer's stock, valued at approximately $841,000 NASDAQ:TSLA Read T3 Companies LLC Takes Position in Tesla, Inc. $TSLA 2 hours ago T3 Companies LLC Buys Shares of 15,096 lululemon athletica inc. $LULUMarketBeat T3 Companies LLC purchased a new stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 15,096 shares of the apparel retailer's NASDAQ:LULU Read T3 Companies LLC Buys Shares of 15,096 lululemon athletica inc. $LULU 2 hours ago Renaissance Group LLC Purchases New Position in Nextpower Inc. $NXTMarketBeat Renaissance Group LLC purchased a new stake in shares of Nextpower Inc. (NASDAQ:NXT - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 73,688 shares of the company's stock, valued at approximately $6,419,000. Other institutional NASDAQ:NXT Read Renaissance Group LLC Purchases New Position in Nextpower Inc. $NXT 2 hours ago Credo Technology Group Holding Ltd. $CRDO Stock Holdings Decreased by Renaissance Group LLCMarketBeat Renaissance Group LLC lowered its position in shares of Credo Technology Group Holding Ltd. (NASDAQ:CRDO - Free Report) by 27.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,007 shares of the company's s NASDAQ:CRDO Read Credo Technology Group Holding Ltd. $CRDO Stock Holdings Decreased by Renaissance Group LLC 2 hours ago Renaissance Group LLC Has $9.54 Million Stock Position in Flex Ltd. $FLEXMarketBeat Renaissance Group LLC lessened its position in shares of Flex Ltd. (NASDAQ:FLEX - Free Report) by 9.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 157,814 shares of the technology company's stock after selling 16 NASDAQ:FLEX Read Renaissance Group LLC Has $9.54 Million Stock Position in Flex Ltd. $FLEX 2 hours ago Renaissance Group LLC Lowers Stake in Millicom International Cellular SA $TIGOMarketBeat Renaissance Group LLC cut its holdings in Millicom International Cellular SA (NASDAQ:TIGO - Free Report) by 10.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 180,034 shares of the technology company's stock after selling 21,873 NASDAQ:TIGO Read Renaissance Group LLC Lowers Stake in Millicom International Cellular SA $TIGO Sort By Time Frame Alert Type Keywords Page 1 of 323 |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-18 09:00
3mo ago
|
Comstock Welcomes The Back Nine Golf to The Row at Reston Station | FMP Stock News | |
|
Original source text
-Indoor golf experience coming to Northern Virginia's premier mixed-use development RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced the signing of a 4,500-square-foot lease of retail space at 1860 Reston Row Plaza with The Back Nine Golf, who will be bringing its indoor golf concept to The Row at Reston Station. “We’re excited to welcome The Back Nine Golf to The Row at Reston Station and grow the neighborhood's vibrant mix of experiential concepts,” said Tim Steffan, Chief Operating Officer at Comstock. Share The Back Nine Golf is as a place for golf lovers to gather, play, and learn that provides 24/7 access to golf regardless of the weather. Featuring Full Swing Pro 2.0 Simulators that are endorsed by Tiger Woods and are the official technology of the popular TGL indoor golf league, The Back Nine Golf at Reston Station will offer guests of all ages the opportunity to enjoy the game in a welcoming, community-oriented environment. The Back Nine Golf simulators provide the opportunity to experience everything from iconic courses like St. Andrews and Pebble Beach to fun mini-golf and putting games designed for beginners and casual players looking to have fun. “We are incredibly excited to bring The Back Nine Golf to the Reston community and to be part of the energy and vision behind The Row at Reston Station,” said Elaine Spencer, Owner of The Back Nine Golf. “Our team is passionate about creating a welcoming, high-quality space where players of all skill levels can come together to play, compete, and enjoy the game year-round.” The addition of The Back Nine Golf adjacent to the soon-to-open Ebbitt House complements Reston Station's diverse roster of premium residential, office, hospitality, and dining options that continue to attract flagship brands, further enhancing the district’s thriving live-work-play environment. “We’re excited to welcome The Back Nine Golf to The Row at Reston Station and grow the neighborhood's vibrant mix of experiential concepts,” said Tim Steffan, Chief Operating Officer at Comstock. “Their arrival demonstrates the leasing momentum and flight-to-quality demand we’re seeing across Reston Station, as the neighborhood continues to evolve into one of the Mid-Atlantic region’s leading mixed-use destinations.” Reston Station is among the largest and most prominent mixed-use, transit-oriented developments in the Mid-Atlantic region, spanning 90 acres across the Dulles Toll Road and surrounding the Wiehle-Reston East Station on Metro’s Silver Line. It features multiple Trophy-Class office buildings that serve as the national or regional headquarters for industry leaders like Google, Booz Allen Hamilton, ICF International, CARFAX, and numerous others. Reston Station also includes two BLVD-branded, 400+ unit luxury high-rise apartment towers as well as Virginia’s first and only JW Marriott – a 28-story tower that includes the world-class JW Marriott Reston Station hotel and ultra-premium JW Marriott Residences, condominiums that are setting the new standard for luxury in the D.C. region. Signature dining, retail, and wellness options include a 55,000-square-foot VIDA Fitness and Spa, Founding Farmers, Davio’s Northern Italian Steakhouse, Starbucks, TOUS les JOURS, CVS, Noku Sushi, and more. Coming soon will be Ebbitt House, the first-ever expansion of D.C.’s iconic Old Ebbitt Grill brand. For more information, please visit RestonStation.com. About Comstock Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet at full build-out and including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com. More News From Comstock Holding Companies, Inc. Back to Newsroom |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-21 09:30
2mo ago
|
Comstock Announces Summerbration 2026 at Loudoun Station | FMP Stock News | |
|
Original source text
-Signature event series returns to celebrate summer with free concerts, movies, and more RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced the full lineup for the Summerbration 2026 concert and event series at Loudoun Station. The events, which kick off in June and run through October, include signature concerts, outdoor movies, car shows, weekly wellness classes, and more. “We’re thrilled to welcome the community back to Loudoun Station for another Summerbration season,” said Tracy Schar, Chief Marketing Officer at Comstock. Share Headlining the Summerbration 2026 series will once again be the highly anticipated 80’s Mayhem event featuring The Legwarmers on Saturday, August 29. Guests are invited to enjoy an evening of live music, themed entertainment, a costume contest, photo opportunities, and more. Venardos Circus makes their return to Loudoun Station this fall, bringing its unique Broadway-style blend of theatrical storytelling with classic circus entertainment. Running from September 14 through October 4, the experience is expected to draw theater lovers, families, and nostalgic circus fans alike to Loudoun Station District Park. Separate tickets are required for admission and additional details are available at venardoscircus.com/tickets. Summerbration 2026 will also feature All-American Movie Magic & More, a weekly outdoor movie series held on Sundays in Loudoun Station District Park. The family-focused lineup pairs beloved films with themed activities and giveaways, including karaoke, inflatable games, glow sticks, hula hoops, meet-and-greets, pet adoption opportunities, and interactive experiences inspired by each movie. Featured films include Rudy, Back to the Future, Big, The Sandlot, Minions, Willy Wonka and the Chocolate Factory, School of Rock, Pitch Perfect, and many more crowd favorites. Automotive enthusiasts can also enjoy a series of car shows hosted throughout the summer by the DC Car Community. The events will showcase vehicles and make Loudoun Station the place for car lovers from across the entire DMV region to gather. “We’re thrilled to welcome the community back to Loudoun Station for another Summerbration season,” said Tracy Schar, Chief Marketing Officer at Comstock. “From live entertainment and movies to wellness and community events, Summerbration is all about creating experiences that bring people together and give families something to look forward to all summer long.” Rounding out the Summerbration 2026 lineup are complimentary weekly wellness classes, including Yoga in the Park on Mondays and Zumba in the Park on Tuesdays, and Pop-Up Zumba with Rochi B Fitness on Saturday, June 27 and Sunday, September 20. Also returning is the crowd-favorite Silent Dance Party on July 25. All Summerbration 2026 events are free and open to the public, unless otherwise noted. Loudoun Station is conveniently located adjacent to the Ashburn Station on Metro's Silver Line. Attendees who drive may enjoy up to three hours of complimentary parking in the 9-story Metro Garage, courtesy of ParkX Management. For a full listing of events and further information, please visit the Summerbration 2026 website. About Comstock Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet at full build-out and including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com. More News From Comstock Holding Companies, Inc. Back to Newsroom |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-21 09:43
2mo ago
|
Comstock Announces Summerbration 2026 at Reston Station | FMP Stock News | |
|
Original source text
RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced the full lineup for the Summerbration 2026 concert and event series at Reston Station. The free events, which kick off on Friday, May 29 and run through the end of September, include live music on Fridays, outdoor movies on Saturdays, weekly wellness classes, and more.“Reston Community Center is proud to continue its partnership with Comstock to bring Summerbration to the community each year,” said Bev Cosham, RCC Board of Governors Chair. Share Highlighting Summerbration 2026 is Red, White, & Boom!, Reston Station’s signature America 250 celebration taking place July 2–4 as part of the nationwide commemoration of the nation’s 250th anniversary. The multi-day experience will transform Reston Station into one of Northern Virginia’s premier destinations for the holiday weekend, featuring live music, family-friendly entertainment, patriotic activities, immersive experiences, and fireworks. Bruce in the USA, the nation’s top Bruce Springsteen tribute band, kicks off the Red, White, & Boom! music lineup, which also will include performances from The Prince Project and The Darby Brothers. Festivities will include appearances by the iconic Budweiser Clydesdales, a nostalgic ice cream truck, a splash pad, lawn games, photo booths, face painting, DJs, themed food and beverage experiences, and much more. “Reston Community Center is proud to continue its partnership with Comstock to bring Summerbration to the community each year,” said Bev Cosham, RCC Board of Governors Chair. “With the added significance of America 250, this year’s programming offers an even more meaningful opportunity for neighbors to come together and celebrate through music, shared experiences, and community connection.” Every Friday evening, Reston Station Metro Plaza comes alive with the Fab Fridays Live Music series, presented by the Reston Community Center (RCC), featuring an incredible lineup of tribute and cover bands. The series kicks off Memorial Day weekend on May 29 with All Fired Up, a tribute to Pat Benatar, and continues all summer with performers celebrating the catalogs of legendary artists like The Beatles, The Beach Boys, Tom Petty, The Rolling Stones, Fleetwood Mac, and Dolly Parton. Summerbration Saturdays will feature All-American Movie Magic & More, a family-focused series of free outdoor movie screenings hosted on the spacious green space in The Row at Reston Station. Highlights include screenings of Rudy, Back to the Future, Big, Minions, Willy Wonka and the Chocolate Factory, School of Rock, Pitch Perfect, and many more crowd favorites, each paired with themed activities and giveaways that bring the films to life. "The Summerbration tradition at Reston Station is our way of saying 'thank you' to the surrounding community by curating meaningful experiences that bring people together,” said Tracy Schar, Chief Marketing Officer for Comstock. “We are honored to have Reston Station play a key role in helping the community celebrate America 250 and are extremely excited for the incredible roster of events we have once again lined up for this summer." Summerbration 2026 includes free weekly wellness classes, including yoga hosted by Beloved Yoga every Monday and Wednesday evening, Trampoline Fitness hosted by VIDA Fitness every Tuesday evening, and Pop-Up Zumba with Rochi B Fitness on Sunday, May 31 and Saturday, August 15. Also returning is the crowd-favorite Silent Dance Party on September 11. All Summerbration 2026 events are free and open to the public. Reston Station is conveniently located adjacent to the Wiehle-Reston East Station on Metro's Silver Line. Attendees who drive may enjoy up to three hours of complimentary parking, courtesy of ParkX Management. For a full listing of events and further information, please visit the Summerbration 2026 website. About Comstock Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet at full build-out and including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com. More News From Comstock Holding Companies, Inc. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-05-21 14:00
2mo ago
|
Comstock's Q1 Earnings Increase Y/Y on Portfolio Growth | FMP Stock News | |
|
Original source text
Shares of Comstock Holding Companies, Inc. (CHCI - Free Report) have declined 7.3% since the company reported results for the quarter ended March 31, 2026, underperforming the S&P 500 index’s 1.4% decline during the same period. Over the past month, the stock has fallen 8.8%, compared with a 3.7% gain for the broader benchmark index.Comstock reported first-quarter 2026 earnings per share of 19 cents, which rose from 15 cents a year earlier. Revenue of $17.4 million denoted a 38% rise from $12.6 million in the year-ago quarter, while net income rose 25% to $2 million from $1.6 million. Adjusted EBITDA climbed 6% year over year to $2.2 million. The company also expanded its managed portfolio to 100 assets from 76 in the prior-year period. Portfolio Growth and Leasing ActivityComstock continued to benefit from growth in its asset management and property management operations during the quarter. Stabilized commercial assets were 93% leased as of March 31, with seven commercial leases signed during the quarter covering about 38,000 square feet of office and retail space. Residential assets were 94% leased, with 150 units leased during the quarter. The company highlighted strong demand for trophy office space at Reston Station. 96% of the 1.3 million square feet of trophy-class office space across Reston Station’s five office towers is currently leased or reserved. Comstock’s ParkX subsidiary also posted notable growth, with revenue increasing 106% from the prior year. The business secured 13 new contracts during the quarter, including five new third-party agreements. Management Commentary and Revenue DriversChairman and Chief Executive Officer Christopher Clemente attributed the quarter’s performance to the company’s focus on strategically located mixed-use and transit-oriented assets. He said expanding assets under management have helped generate diversified recurring fee-based revenue streams while supporting long-term growth. The company also emphasized the benefits of its debt-free balance sheet and fee-based business model. Management noted that long-term asset management agreements and vertically integrated operating subsidiaries provide recurring revenue streams and downside protection. Adjusted EBITDA growth was primarily driven by increases in recurring fee-based revenue from Comstock’s operating property management subsidiaries and higher asset management fees tied to portfolio expansion. Comstock also pointed to transaction-related revenue generated by acquisitions completed through its Institutional Venture Platform (“IVP”), which contributed to development pipeline growth and additional fee-based revenue opportunities. Expansion Initiatives and Development PipelineThe company continued to expand its development and investment platforms during the quarter. In March 2026, Comstock acquired The Reed, a 417-unit multifamily property in Rockville, Md., through its IVP platform. Early in the second quarter, it also acquired Woodland Pointe, a fully leased office complex in Herndon, Va., which includes an existing 185,000-square-foot office building and a future build-to-suit office project. Comstock also recently launched a Data Center Platform focused on joint venture opportunities tied to data center development. Management said the initiative is intended to capitalize on growing demand for data center capacity and create additional fee-based revenue opportunities. In addition, the company expanded into mall management through its assumption of management responsibilities for Dulles Town Center in Virginia beginning May 1. The assignment includes property management, leasing, tenant relations and redevelopment evaluation services. Other DevelopmentsComstock highlighted several operational milestones during the quarter, including a record-setting $10.3 million condominium sale at JW Marriott Residences Reston Station, surpassing the previous Virginia condominium sales record of $6 million. The company also continues to advance major projects at The Row at Reston Station. BLVD Haley, a 419-unit luxury residential tower, remains on track for full delivery by the second quarter of 2026, while Ebbitt House — the first expansion of Washington, D.C.’s Old Ebbitt Grill — is also nearing opening. |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-06-10 09:00
2mo ago
|
Comstock Announces Oklahoma Data Center Joint Venture with Jericho | FMP Stock News | |
|
Original source text
-Strategic partnership leverages Jericho's energy assets and CHCI's development expertise, creating a scalable AI infrastructure platform to deliver powered land for AI hyperscalers RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use, transit-oriented properties and large-scale infrastructure developments in the Washington, D.C. region, today announced the formation of a joint venture with Jericho Energy Ventures, Inc. (TSXV: JEV; OTCID: JROOF; FRA: JLM) ("Jericho") to facilitate and support the development of large-scale data center campuses in Oklahoma's Pawnee and Noble counties. The formation of Oklahoma AI Ventures LLC (the "Oklahoma JV" or the "Joint Venture") formalizes the terms of the Letter of Intent announced by Comstock and Jericho in Q1 of this year. Through the Oklahoma JV, Comstock and Jericho have created a vertically integrated platform built to move at the speed the AI market demands. Share The Oklahoma JV is structured to address the unprecedented demand from AI hyperscalers for immediate access to abundant, low-cost, reliable power. Jericho brings to the Joint Venture a roughly 18,000-acre Oklahoma subsurface portfolio, critical operating energy infrastructure, direct access to natural gas, on-site water, and various other assets that are required for data center campuses that could scale to gigawatt-class capacity. Comstock brings more than four decades of large-scale development expertise, capital, and a proven track record of turning raw land into institutional-grade real estate. Through the Oklahoma JV, Comstock and Jericho have created a vertically integrated platform built to move at the speed the AI market demands. To date, development options covering upwards of 4,000 acres have already been secured that integrate Jericho's subsurface energy infrastructure with surface land interests, while planning has commenced for what would become one of the largest data center campuses in Oklahoma. Additional strategic land assemblage efforts continue, as the Oklahoma JV plans to utilize its access to ideally situated land with critical resources in place to support the development of multiple large-scale AI data center campuses and digital infrastructure projects, which remain in high demand by all of the most prominent AI hyperscalers. The Oklahoma JV intends to monetize the assembled land portfolio through powered-land sales, build-to-suit ground leases, and/or phased joint development of turnkey data center assets designed to meet the needs of end-users. “We are excited by the tremendous opportunities for the Oklahoma JV to create value by strategically positioning our assets to generate additional, potentially significant, sources of income for Comstock and Jericho stakeholders,” said Christopher Clemente, Chairman and Chief Executive Officer of Comstock. “By combining our large-scale development proficiency with Jericho's abundance of well-positioned land and energy assets, we are now at the forefront of the data-driven transformation taking place in the nation's fastest growing segment of commercial real estate." The Oklahoma location of this powered-land pursuit offers numerous attributes that are well suited for next-generation data center development: Power: Direct access to abundant, low-cost natural gas from multiple reliable sources that support on-site and behind-the-meter generation, an advantage as hyperscalers contend with multi-year grid interconnection queues. Site quality: Contiguous, sparsely developed acreage with favorable topography, two nearby 345 kV transmission lines and corresponding high-voltage bulk-transmission substations, and multiple on-site water sources. Supportive regulatory environment: Oklahoma's regulatory framework is supportive of large-load data center development, behind-the-meter generation, and grid interconnection. Carbon sequestration: The region's geology and existing wellbores create carbon-sequestration optionality, a potential differentiator for AI operators working toward net-zero commitments. “We have spent years building a strong energy and land position in Oklahoma, and this joint venture solidifies its next chapter,” said Brian Williamson, Chief Executive Officer of Jericho. “Together with Comstock, we are turning that foundation into the powered, infrastructure-ready land that AI and data center developers urgently need. Comstock's resources and development expertise make them an ideal partner to help maximize and realize the full value of these assets.” Per the terms of the Joint Venture agreement, Comstock and a Jericho affiliate (of which Jericho owns 50%) each own 50% of the Joint Venture. Comstock, through a wholly-owned subsidiary, will serve as administrative member and lead development efforts. A Jericho affiliate contributed its core land assets in Pawnee and Noble counties — including oil and gas leases, leasehold interests, roughly 60 miles of gathering pipeline, rights-of-way and easements, and land option agreements. Comstock contributed the capital needed to fund initial land assemblage and has also committed to contribute additional capital over time, subject to limits defined in the Joint Venture agreement and approved budgets. The partners also entered into a right-of-first-offer arrangement, giving the Joint Venture preferred rights on additional Jericho-affiliated properties across Oklahoma. Cautionary Statement Regarding Forward-Looking Statements This release may include "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on our expectations and involve inherent risks and uncertainties, many of which are beyond our control. You should not place any undue reliance on any forward-looking statement, which speaks only as of the date made. Any number of important factors could cause actual results to differ materially from those projected or suggested by the forward-looking statements. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments, or otherwise. About Comstock Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use, transit-oriented properties and large-scale infrastructure developments in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet at full build-out and including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com. About Jericho Energy Ventures Jericho Energy Ventures (JEV) is uniquely positioned at the nexus of energy and AI infrastructure. Leveraging our long-producing oil and gas joint venture assets and robust Oklahoma infrastructure, JEV is deploying scalable, on-site power solutions to build cutting-edge build-to-suit AI Data Centers. With direct access to abundant, low-cost natural gas, JEV delivers efficient, high-performance energy solutions — reducing waste, maximizing output, and unlocking long-term value in the rapidly converging AI and energy markets. For more information, please visit JerichoEnergyVentures.com. More News From Comstock Holding Companies, Inc. Back to Newsroom |
|||
|
Saved
2026-06-11 11:06
2mo ago
Published
2026-06-10 16:45
2mo ago
|
Comstock Presents at the Planet MicroCap Las Vegas Powered by MicroCapClub on Wednesday, June 17, 2026 & 1x1 Meetings | FMP Stock News | |
|
Original source text
June 10, 2026 16:45 ET | Source: Comstock Inc.VIRGINIA CITY, Nev., June 10, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock,” “our” and the “Company”), today announced that Judd B. Merrill, Chief Financial Officer, will be presenting at the Planet MicroCap Las Vegas 2026 Powered by MicroCapClub on Wednesday, June 17, 2026 at the Bellagio Resort & Hotel. Visit us in Booth #301. To access the live presentation, please use the following information: Planet MicroCap Las Vegas 2026 Powered by MicroCapClub Date: Wednesday, June 17, 2026 Time: 8:30-9:00 AM PST Webcast: Link here CEO Interview: Link here If you would like to book 1x1 investor meetings with Comstock Inc., and to attend the Planet MicroCap Las Vegas 2026, please make sure you are registered here: Register 1x1 meetings will be scheduled and conducted in person at the conference venue: Bellagio Resort & Hotel in Las Vegas, NV. The Planet MicroCap Las Vegas 2026 website is available here: Planet Microcap If you can’t make the live presentation, all company presentations “webcasts” will be available directly on the conference event platform on this link under the tab “Agenda” here: Agenda About Planet MicroCap Planet Microcap hosts the highest quality microcap in-person events in North America. The mission is to bring the best microcap investors, companies, and allocators together to gather, connect, and grow. For more information about Planet MicroCap, please visit: https://planetmicrocap.com/ About Planet MicroCapClub MicroCapClub is an exclusive forum for experienced microcap investors to share and discuss microcap companies (sub $1 billion market cap) trading on global markets. Since 2011, our members have profiled 1500+ microcap companies, 300+ have turned into multi-baggers. Investors can join our community by applying to become a member or subscribing to gain instant access. For more information, visit https://microcapclub.com/ About Comstock Inc. Comstock Inc. (NYSE: LODE) innovates and commercializes technologies, systems and supply chains that enable, support and sustain clean energy systems by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable metals, like silver, aluminum, gold, and other critical minerals, primarily from end-of-life photovoltaics. To learn more, please visit www.comstock.inc. Comstock Social Media Policy Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Contacts For investor inquiries: Judd B. Merrill, Chief Financial Officer Tel (775) 413-6222 [email protected] For media inquiries: Zach Spencer, Director of External Relations Tel (775) 847-7573 [email protected] Forward-Looking Statements This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “forecast,” “seek,” “target,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: expectations regarding the completion of the proposed securities offering, future market conditions; future explorations or acquisitions, divestitures, spin-offs or similar distribution transactions; future changes in our research, development and exploration activities; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; land entitlements and uses; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, joint ventures, strategic alliances, business combinations, operational, tax, financial and restructuring initiatives, including the nature, timing and accounting for restructuring charges, derivative assets and liabilities and the impact thereof; contingencies; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings, limitations on sales or offering of equity or debt securities, including asset sales and associated costs; and future working capital needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC and the following: sales of, and demand for, our products, services, and/or properties; industry market conditions, including the volatility and uncertainty of commodity prices; the speculative nature, costs, regulatory requirements, and hazards of natural waste resource identification, exploration, development, availability, recycling, extraction, processing, and refining activities, including operational or technical difficulties, and risks of diminishing quantities or insufficiency of grades of qualified resources;; changes in our planning, exploration, research and development, production, and operating activities; research and development, exploration, production, operating, and other variable and fixed costs; throughput rates, margins, earnings, debt levels, contingencies, taxes, capital expenditures, net cash flows, and growth; restructuring activities, including the nature and timing of restructuring charges and the impact thereof; employment and contributions of personnel, including our reliance on key management personnel; the costs and risks associated with developing new technologies; our ability to commercialize existing and new technologies; the impact of new, emerging, and competing technologies on our business; the possibility of one or more of the markets in which we compete being impacted by political, legal, and regulatory changes, or other external factors over which we have little or no control; the effects of mergers, consolidations, and unexpected announcements or developments from others; the impact of laws and regulations, including permitting and remediation requirements and costs; changes in or elimination of laws, regulations, tariffs, trade, or other controls or enforcement practices, including the potential that we may not be able to comply with applicable regulations; changes in generally accepted accounting principles; adverse effects of climate changes, natural disasters, and health epidemics, such as the COVID-19 outbreak; global economic and market uncertainties, changes in monetary or fiscal policies or regulations, the impact of terrorism and geopolitical events, volatility in commodity and/or other market prices, and interruptions in delivery of critical supplies, equipment and/or raw materials; assertion of claims, lawsuits, and proceedings against us; potential inability to satisfy debt and lease obligations, including because of limitations and restrictions contained in the instruments and agreements governing our indebtedness; our ability to raise additional capital and secure additional financing; interruptions in our production capabilities due to equipment failures or capital constraints; potential dilution from stock issuances, recapitalization, and balance sheet restructuring activities; potential inability or failure to timely file periodic reports with the Securities and Exchange Commission; potential inability to maintain the listing of our securities on any securities exchange or market; and our ability to implement additional financial and management controls, reporting systems and procedures and comply with Section 404 of the Sarbanes-Oxley Act, as amended. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company, the fund, or any other issuer. |
|||
|
Saved
2026-06-11 11:01
2mo ago
Published
2026-04-17 23:59
4mo ago
|
B2Gold Reports Fire-Related Incident to the Crushing Circuit at the Goose Mine | FMP Stock News | |
|
Original source text
VANCOUVER, British Columbia, April 17, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announced today that a fire occurred in certain areas of the crushing circuit at the Goose Mine in the evening on April 16, 2026. On-site emergency responders were deployed and immediately initiated response procedures, and the fire was fully extinguished. No injuries were reported, no medical treatment was required, and mining operations are continuing on plan. The Company has been in contact with the relevant regulatory authorities.The Company is investigating the cause of the fire, as well as assessing the damage and potential impact on the operation. The Company’s initial assessment indicates that the fire was localized to the secondary crusher screen and feed belt. Further updates will be provided as more information becomes available. About B2Gold Corp. B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries. ON BEHALF OF B2GOLD CORP. "Clive T. Johnson" President and Chief Executive Officer Source: B2Gold Corp. The Toronto Stock Exchange and NYSE American LLC neither approve nor disapprove the information contained in this news release. This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation, including: projections; outlook; guidance; forecasts; estimates; and other statements regarding future or estimated financial and operational performance, gold production and sales, revenues and cash flows, and capital costs (sustaining and non-sustaining) and operating costs, including projected cash operating costs and all-in sustaining costs, and budgets on a consolidated and mine by mine basis, which if they occur, would have on our business, our planned capital and exploration expenditures; future or estimated mine life, metal price assumptions, ore grades or sources, gold recovery rates, stripping ratios, throughput, ore processing; statements regarding anticipated exploration, drilling, development, construction, permitting and other activities or achievements of B2Gold; and including, without limitation: mining operations at Goose are continuing on plan; the Company’s initial assessment that the fire was localized to the secondary crusher screen and feed belt. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond B2Gold's control, including risks associated with or related to: the volatility of metal prices and B2Gold's common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving production, cost or other estimates; actual production, development plans and costs differing materially from the estimates in B2Gold's feasibility and other studies; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; the ability to replace mineral reserves and identify acquisition opportunities; the unknown liabilities of companies acquired by B2Gold; the ability to successfully integrate new acquisitions; fluctuations in exchange rates; the availability of financing; financing and debt activities, including potential restrictions imposed on B2Gold's operations as a result thereof and the ability to generate sufficient cash flows; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Mali, Namibia, the Philippines and Colombia and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; the lack of sole decision-making authority related to Filminera Resources Corporation, which owns the Masbate Project; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for B2Gold's operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law, including Section 404 of the Sarbanes-Oxley Act; compliance with anti-corruption laws, and sanctions or other similar measures; social media and B2Gold's reputation; as well as other factors identified and as described in more detail under the heading "Risk Factors" in B2Gold's most recent Annual Information Form, B2Gold's current Form 40-F Annual Report and B2Gold's other filings with Canadian securities regulators and the U.S. Securities and Exchange Commission (the "SEC"), which may be viewed at www.sedarplus.ca and www.sec.gov, respectively (the "Websites"). The list is not exhaustive of the factors that may affect B2Gold's forward-looking statements. B2Gold's forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to B2Gold's ability to carry on current and future operations, including: development and exploration activities; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; B2Gold's ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs, including gold; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry. B2Gold's forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. B2Gold does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities B2Gold will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statements. |
|||
|
Saved
2026-06-11 11:01
2mo ago
Published
2026-04-20 09:29
3mo ago
|
Agnico Eagle to buy Rupert, Aurion in $3B Finland consolidation drive | FMP Stock News | |
|
Original source text
Agnico Eagle Mines Ltd (TSX:AEM) has struck a series of deals worth about $3 billion to build a regional gold mining hub in northern Finland, sending shares of takeover targets sharply higher.The Canadian miner said it will acquire Rupert Resources Ltd (TSE:RUP) in a share-based transaction valued at about C$2.9 billion, alongside a C$481 million cash purchase of Aurion Resources (TSX-V:AU) and a $325 million deal to buy B2Gold Corp. (TSX:BTO)’s 70% stake in Fingold Ventures. The transactions are aimed at consolidating assets in Finland’s Central Lapland Greenstone Belt, including the Ikkari gold project located about 50 km from Agnico’s Kittila mine, its largest European operation. Shares of Aurion jumped about 44% in Canada, while Rupert surged roughly 65% following the announcement. Jefferies analysts said the combined transactions, valued at roughly $2.8 billion, are expected to be modestly accretive, estimating about a 2% increase to net asset value per share, helped by potential synergies of up to C$500 million. The Rupert acquisition implies a valuation of about 0.54 times net asset value and includes contingent cash payments tied to project milestones. The deal carries a premium of about 67% to Rupert’s last closing price and is expected to close in early third quarter 2026, alongside the Aurion transaction. The Fingold Ventures purchase is set to close earlier, in April 2026, and will give Agnico full control of the project, as Aurion owns the remaining 30% stake. As part of the agreement, B2Gold will also enter a collaboration arrangement with Agnico focused on knowledge sharing in Nunavut, where B2Gold is advancing its Goose project. Agnico said the deals would help establish Finland as a core production region, with output potentially rising to about 500,000 ounces per year, more than double expected 2026 production from Kittila. Jefferies said the move underscores Agnico’s strategy of building regional platforms to unlock operational synergies, rather than pursuing geographically dispersed acquisitions. “We favor regional consolidation, as it leads to real operational synergies versus only G&A synergies,” analysts wrote. “In this case, there are opportunities for AEM to extend the Ikkari open pit onto the Fingold Ventures area, i.e., removing the property boundary, and the company sees up to C$500 million in operating, development, and construction synergies.” |
|||
|
Saved
2026-06-11 11:01
2mo ago
Published
2026-05-13 12:00
3mo ago
|
The 5 Strategic Projects Quietly Defining the Next Decade of West's Critical Minerals Supply | FMP Stock News | |
|
Original source text
Issued on behalf of Greenland Mines Ltd.Seabridge's KSM was named a B.C. priority project on April 30. NioCorp broke ground on the Elk Creek mine portal in March. B2Gold's Goose Mine in Nunavut hit commercial production in October. Ivanhoe Electric's Santa Cruz copper PFS lands first cathode in 2028. The Western mega-asset list is short — and getting shorter. KEY TAKEAWAYS The list of Western-aligned, large-scale, long-life critical-mineral deposits actively progressing toward production in 2026 is short. Seabridge Gold's KSM (BC), NioCorp's Elk Creek (Nebraska), B2Gold's Goose Mine (Nunavut), and Ivanhoe Electric's Santa Cruz / Tintic projects (Arizona / Utah) are among the small handful that have crossed the threshold from "exploration story" to "active development with government backing or production milestone." Skaergaard now increasingly fits that list. On May 7, 2026, Greenland Mines Ltd. (Nasdaq: GRML) released SLR Consulting's independent metal-price sensitivity analysis on its Skaergaard Project, indicating 16.58 Moz palladium-equivalent Indicated and 21.92 Moz palladium-equivalent Inferred in the high-price case — a 45% Indicated grade uplift and 55% Inferred uplift on the same 2022 underground-constrained block model. The 2026 field, drill, and bulk-sample campaign is fully funded. Greenland Mines holds an 80% direct interest in the Project with an option on the remaining 20%, supported by SLR (geology / Qualified Person), GTK Mintec (metallurgy at the Geological Survey of Finland's Outokumpu facility), and WSP (environmental baseline). Greenland Mines and its 80%-owned subsidiary Major Precious Greenland A/S were admitted to the European Raw Materials Alliance on April 22, 2026 — placing the Project formally inside the EU's industrial framework for critical-raw-materials security., /PRNewswire/ -- American News Group News Commentary The Western critical-minerals development pipeline has a smaller short list than most investors realize. To make the list, a project needs scale, jurisdictional safety, advanced technical work, recent regulatory or operational momentum, and a credible path to financing. Not many projects in the entire Western Hemisphere clear all five gates simultaneously. The ones that do are quietly attracting the institutional, government, and strategic capital that will define the next decade of critical-minerals supply. SEABRIDGE GOLD: KSM, BRITISH COLUMBIA Seabridge Gold (NYSE: SA) (TSX: SEA) owns one of those projects. The KSM Project in British Columbia's Golden Triangle hosts 7.3 billion pounds of copper and 47.3 million ounces of gold in proven and probable reserves (2.29 billion tonnes grading 0.64 g/t Au and 0.14% Cu) — among the largest undeveloped copper-gold deposits on Earth[1]. On April 30, 2026, the Province of British Columbia designated KSM as a provincial priority project, granting dedicated permitting coordination to streamline regulatory timelines under the Province's "Look West" strategy. The designation followed Seabridge's March 30 announcement of an updated Mineral Resource Estimate that added 6.8 million ounces of gold and 1.5 billion pounds of copper to the Measured and Indicated category. Twenty years and roughly C$1 billion of work have moved KSM well past exploration. Provincial backing is the next compounding signal. NIOCORP DEVELOPMENTS: ELK CREEK, NEBRASKA NioCorp Developments (NASDAQ: NB) owns another. The Elk Creek Critical Minerals Project in southeast Nebraska is North America's only niobium-scandium-titanium deposit at Feasibility Study stage and is permitted for construction. On March 4, 2026, Congressman Adrian Smith and local Nebraska officials launched the inaugural excavation of the Elk Creek mine portal[2]. On April 9, 2026, NioCorp signed a non-binding term sheet with Traxys North America covering marketing and offtake for the entire remaining product slate from Elk Creek's first 10 years of operations, alongside a potential $30 million strategic investment from Traxys[3]. On October 23, 2025, NioCorp announced a Pentagon-funded scandium technology agreement with Lockheed Martin. NioCorp's product list — niobium, scandium, titanium, and several magnetic rare earths including neodymium, praseodymium, terbium, and dysprosium — sits squarely on the U.S. government's critical-minerals list. B2GOLD: GOOSE MINE, NUNAVUT B2Gold(NYSE American: BTG) (TSX: BTO) owns a third. The Goose Mine in Nunavut, Canada — the most advanced asset in the Back River Gold District — achieved commercial production on October 2, 2025. The Q1 2026 results released May 6, 2026 showed all four operating mines (Fekola, Goose, Masbate, Otjikoto) exceeded production expectations, with consolidated gold production of 237,763 ounces and free cash flow of $362 million[4]. Full-year 2026 guidance is 820,000 to 970,000 ounces. On April 20, 2026, B2Gold and Agnico Eagle announced a collaboration agreement on Goose-area assets. The Goose Mine is the operational proof point for what an Arctic-jurisdiction precious-metals project looks like once it crosses into commercial production. IVANHOE ELECTRIC: SANTA CRUZ AND TINTIC, U.S. Ivanhoe Electric (NYSE American: IE) (TSX: IE) owns a fourth. The Santa Cruz Copper Project in Arizona — chaired by Robert Friedland — completed its Preliminary Feasibility Study in June 2025, targeting initial construction in the first half of 2026 and first copper cathode production in 2028. The Tintic Copper-Gold Project in Utah and a 50/50 joint venture with Saudi Arabian Mining Company Ma'aden across approximately 48,500 km² of underexplored Arabian Shield round out a portfolio explicitly described by the Company as supporting "United States supply chain independence"[5]. Ivanhoe Electric's exploration mandate covers copper, nickel, vanadium, cobalt, platinum group elements, gold, and silver — a multi-metal mandate that overlaps directly with the metals contained in the Skaergaard intrusion. THE GRML POSITION That is the company Greenland Mines Ltd. (NASDAQ: GRML) is now keeping. The 2022 NI 43-101 Mineral Resource on the Skaergaard Project hosts 25.4 Moz palladium-equivalent and 23.5 Moz gold-equivalent across the combined Indicated and Inferred categories — one of the largest undeveloped Pd-Au-Pt deposits on Earth, with a gross undiscounted in-situ resource value of approximately $68 billion at February 2026 metal prices, calculated on an illustrative basis and before any technical or economic factors[6]. The May 7, 2026 SLR Consulting sensitivity work — applied to the existing underground-constrained block model with all geologic and technical inputs held constant — indicates 16.58 Moz palladium-equivalent Indicated and 21.92 Moz palladium-equivalent Inferred in the high-price case[7]. Greenland Mines holds an 80% direct interest with an option on the remaining 20%, executed through its 80%-owned Greenland subsidiary Major Precious Greenland A/S, which was admitted to the European Raw Materials Alliance alongside Greenland Mines on April 22, 2026[8]. The 2026 field, drill, and bulk-sample campaign is fully funded. The 2026 program will begin evaluating open-pit and bulk-mining scenarios alongside the underground concept — a separate, mine-method-based lever independent of any further metal-price assumption[7]. President Bo Møller Stensgaard, Ph.D., described Skaergaard as: "a future operation in the making, with mine method and metal prices acting as levers."[7] READ THE ENTIRE REPORT ON GREENLAND MINES LTD HERE Five gates: scale, jurisdictional safety, advanced technical work, recent regulatory or operational momentum, and a credible path to financing. KSM has them. Elk Creek has them. Goose has them. Santa Cruz has them. Skaergaard now checks many of the same boxes, at an earlier stage. FREQUENTLY ASKED QUESTIONS What did the May 7, 2026 SLR sensitivity study conclude? Applied to the existing 2022 underground-constrained Mineral Resource model, with all geologic and technical inputs held constant, the high-price sensitivity case indicates 16.58 million ounces of palladium-equivalent Indicated and 21.92 million ounces of palladium-equivalent Inferred — a 45% grade uplift in the Indicated category and 55% in the Inferred versus the 2022 base case[7]. Where is the Skaergaard Project located? In Southeast Greenland, less than 1,600 kilometers from the U.S. eastern seaboard. Greenland Mines holds an 80% direct interest in the Project with an option on the remaining 20%, executed through its 80%-owned Greenland subsidiary Major Precious Greenland A/S[6]. What is the European Raw Materials Alliance designation? On April 22, 2026, Greenland Mines and its 80%-owned subsidiary Major Precious Greenland A/S were admitted to the European Raw Materials Alliance, the industry-driven alliance established by the European Commission to secure reliable, sustainable access to critical and strategic raw materials for Europe's industrial ecosystems[8]. Has GRML completed a feasibility study? No. The most recent technical work is the 2022 NI 43-101 Mineral Resource Estimate. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. No preliminary economic assessment, pre-feasibility study, or feasibility study has been completed on the Skaergaard Project. For more information about Greenland Mines Ltd. (Nasdaq: GRML), visit theAmerican News Group GRML profile. Article Sources: 1. Seabridge Gold Inc., "Seabridge Gold's KSM Project Named a Priority Project by the Province of British Columbia," April 30, 2026; updated KSM Mineral Resource Estimate, March 30, 2026. 2. NioCorp Developments Ltd., "Congressman Adrian Smith Starts Dig of NioCorp's Elk Creek Project Mine Portal," March 4, 2026. 3. NioCorp Developments Ltd., "NioCorp Reaches Non-Binding Agreement with Traxys North America," April 9, 2026; "Pentagon Funds Joint Development Effort with NioCorp and Lockheed Martin to Develop a Scandium-Based Defense Technology," October 23, 2025. 4. B2Gold Corp., "B2Gold Reports Q1 2026 Results," May 6, 2026; B2Gold and Agnico Eagle collaboration agreement, April 20, 2026. 5. Ivanhoe Electric Inc., "Preliminary Feasibility Study for the Santa Cruz Copper Project," June 23, 2025; corporate disclosures. 6. Klotho Neurosciences, Inc., Form 8-K and accompanying disclosures regarding the acquisition of Greenland Mines Corp., March 4, 2026; Greenland Mines Ltd. corporate disclosures. 7. Greenland Mines Ltd., "Greenland Mines Reports Up To 45% – 55% Increase in Palladium Equivalent (PdEq) Grades at Skaergaard in Sensitivity Study," May 7, 2026. 8. Greenland Mines Ltd., admission to the European Raw Materials Alliance announcement, April 22, 2026. CONTACT: American News Group [email protected] 604-265-2873 Cautionary Note Regarding Mineral Resources: Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The sensitivity cases referenced in this article are illustrative of the deposit's leverage to long-term metal price environments rather than economic estimates. No preliminary economic assessment, pre-feasibility study, or feasibility study has been completed on the Skaergaard Project. There is no certainty that any portion of the Mineral Resources will be converted to Mineral Reserves or that the Project will be brought into commercial production. DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. AmericanNewsGroup.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Greenland Mines Ltd. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Greenland Mines Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ owns shares of Greenland Mines Ltd. which were purchased in the open market, and reserves the right to buy and sell, and will buy and sell shares of Greenland Mines Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by Greenland Mines Ltd.; this is a paid advertisement, and we own shares of Greenland Mines Ltd. that we will sell, and we also reserve the right to buy shares of Greenland Mines Ltd. in the open market or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. Logo: https://mma.prnewswire.com/media/2978841/American_News_Group_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/the-5-strategic-projects-quietly-defining-the-next-decade-of-wests-critical-minerals-supply-302771163.html SOURCE American News Group |
|||