North America’s BEST Small Cap Stock Ideas
Acme United Corporation (US: ACU – $43.59) had an outstanding second quarter in 2024, with net income reaching $4.5 million, or $1.09 per share. A new all-time second quarter record! In the comparable period last year, the worldwide supplier of innovative safety solutions and cutting technology, had earnings of $3.4 million, or $0.96 per diluted share. Net sales for the […]
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Steady activity by partner companies has provided notable progress that is of benefit to Globex Mining Enterprises Inc. (CA: GMX – $0.92 & US: GLBXF – $0.67 & GER: G1MN – €0.61) shareholders. Existing option and royalty partners are independently advancing their properties and completing exploration work. Payments of cash and shares of partner companies have been received, bolstering the […]
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Globex Mining Enterprises Inc. (CA: GMX – $0.95 & US: GLBXF – $0.69 & GER: G1MN – €0.65) has provided an update on activity underway by four of its royalty partners. Established senior miner Agnico Eagle Mines Limited [AEM] controls a large portfolio of advanced mineral exploration properties, including a cluster of property claims in Dasserat and Beauchastel Townships in […]
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In a strategic move to further strengthen its position in the safety and first aid market, Acme United Corporation (US: ACU – $35.49) acquired Elite First Aid Inc. The North Carolina-based company is a provider of tactical, trauma, and emergency response products. With revenues of approximately $4.2 million in 2023, Elite First Aid has established itself as a trusted name […]
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Successful exploration activity is the priority for the junior mining sector. Those juniors that are effective to present discoveries and expand resources are usually the best performing stocks in the sector. Perhaps the biggest challenge facing many of the junior explorers in this current market climate is the difficulty to raise funding to support active exploration projects. After all, sustaining […]
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Acme United Corporation (US: ACU – $40.72) reached net sales of $45.0 million for the quarter ended March 31, 2024, compared with $45.8 million in the same quarter last year. This represents a 2% decrease, reflecting the sale of the Camillus and Cuda hunting and fishing product lines in November 2023 for $19.6 million. Despite sales being more or less […]
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Acme United (US: ACU – $41.10), reached net sales of $45.0 million for the quarter ended March 31, 2024, compared with $45.8 million in the same quarter last year. This represents a 2% decrease, reflecting the sale of the Camillus and Cuda hunting and fishing product lines in November 2023 for $19.6 million. Camillus and Cuda combined, achieved annual sales […]
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Globex Mining Enterprises Inc. (CA: GMX – $0.95 & US: GLBXF – $0.69 & GER: G1MN – €0.62) and some of its royalty partners have recently reported some exciting progress. Globex announced the acquisition of a new precious metals prospect located in Arizona. The Company also reported that it has received a royalty payment due from ongoing mining activity at […]
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All in all, 2023 was an excellent year for Acme United Corp. (US: ACU – $43.29). The Company decreased its net debt from $55 million at year end 2022 to $19 million one year later. Its gross margins increased as Acme successfully implemented new productivity plans. The reduction in SG&A expenses resulted in annual savings of approximately $6.5 million. And […]
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Acme United Corp. (US: ACU – $39.72) reached sales of $191.5 million in 2023 compared to $194.0 million for the prior year, a decrease of 1%. This small decrease was especially due to the fact that Acme sold its Camillus and Cuda hunting and fishing product lines to GSM Holdings on November 1, 2023. Total revenues from the divested product […]
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