North America’s BEST Small Cap Stock Ideas
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 […]
Read more
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 […]
Read more
Globex Mining Enterprises Inc. (CA: GMX – $0.83 & US: GLBXF – $0.60 & GER: G1MN – €0.52) arranges transactions to vend property assets such that the Company can retain royalty interests if a producing mine is established at one of the projects in a later stage. An attractive roster of active properties is now advancing through work completed by […]
Read more
“Celebrating Business Together” was the motto of this year’s mega trade fair for the global consumer goods industry, consisting of Ambiente, Christmasworld and Creativeworld. With an increase of ten percent, 4,928 exhibitors presented their new products on over 360,000 gross square metres (~3.9 million square feet) in Frankfurt, Germany. One of the participants at the fair was Acme United’s (US: […]
Read more
The roster of active partners working independently to advance projects in Quebec continues to provide a steady news flow of interest to Globex Mining Enterprises Inc. (CA: GMX – $0.83 & US: GLBXF – $0.63 & GER: G1MN – €0.53) shareholders. This year is starting off with similar encouraging progress updates that characterized most of the last few years. Several […]
Read more
As 2023 winds down, many junior mining companies are quietly winding down activity. In contrast, Globex Mining Enterprises Inc. (CA: GMX – $0.95 & US: GLBXF – $0.72 & GER: G1MN – €0.63) was among the most ambitious participants in this sector throughout the year. It is fitting then that the Company has reported one more significant transaction prior to […]
Read more
It is not uncommon for activity to wind down in the junior mining sector during the late fall months. Investors often sell stocks trading below their average purchase price in order to realize a tax loss at this interval. This frequently leads to weak market performance during the seasonal window before the more bullish winter months renew expectations. Nonetheless with […]
Read more
Acme United Corporation (US:ACU – $37.49) made significant progress during the third quarter of 2023. In fact, the Company reached its highest third quarter income ever! While net sales for the three months ended September 30, 2023 were $50.4 million, about flat compared to sales of $49.7 million in the same period of 2022, net income in Q3 2023 was […]
Read more
The reality of mineral exploration is that most grass-roots prospects fail to deliver economic deposits. Even worse, when a discovery is achieved it often becomes less attractive as more exploration is completed. All deposits are finite and it is not unusual that subsequent drilling work does not fulfill initial expectations. This is not to suggest that speculative investors should avoid […]
Read more
Acme United Corporation (US: ACU – $33.09) has sold its Camillus knives and Cuda fishing product brands to GSM Holdings, Inc for $19.8 million. This is a logical step for Acme, as the growth opportunities for these brands were limited while owned by Acme due to the fierce competitive landscape, but very exciting for a company like GSM with significant […]
Read more