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Copper Fox Announces 2024 Second Quarter Operating and Financial Results
Newsfile· 2024-06-18 22:53
Calgary, Alberta--(Newsfile Corp. - June 18, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ("Copper Fox" or the "Company") is pleased to announce that its unaudited interim consolidated April 30, 2024, financial statements have been filed on SEDAR+. For the six months ended April 30, 2024, Copper Fox had a net loss of $533,545 (April 30, 2023 - $533,608) which equated to $0.00 loss per share (April 30, 2023 - $0.00 loss per share). During the six months ended April 30, 2024, the Company incurre ...
FOX Announces TIME as its First Publishing Partner on Verify Protocol
Prnewswire· 2024-06-18 13:30
Verify Beta to Upgrade to a Dedicated Zero-Knowledge Blockchain Built with Polygon CDKNEW YORK, June 18, 2024 /PRNewswire/ -- Fox Corporation ("FOX" or the "Company") (Nasdaq: FOXA, FOX) today announced the next phase of development for its open-source protocol for content verification and licensing, Verify. FOX shared that global media brand TIME has come on board as its first external publishing partner, utilizing the Verify protocol as a principal piece of its content licensing and content verification s ...
Copper Fox Provides Update on Schaft Creek Project
Newsfile· 2024-06-17 10:00
Calgary, Alberta--(Newsfile Corp. - June 17, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") is pleased to provide an update on the Schaft Creek project. The Schaft Creek project is managed through the Schaft Creek Joint Venture ("SCJV"). Teck Resources Limited ("Teck") is the Operator of the SCJV and holds a 75% interest with Copper Fox holding the remaining 25% interest. The Schaft Creek deposit, located in northwestern British Columbia, is one of the ...
Why Is Fox (FOXA) Up 3.1% Since Last Earnings Report?
ZACKS· 2024-06-07 16:36
Core Insights - Fox Corporation reported Q3 fiscal 2024 adjusted earnings per share of $1.09, exceeding estimates by 11.22% and reflecting a 16% year-over-year increase [2] - Total revenues decreased by 15.6% year-over-year to $3.44 billion, slightly surpassing consensus estimates by 0.22% [2] - The company experienced a significant decline in advertising revenues, which fell 34.1% year-over-year to $1.24 billion, primarily due to the absence of Super Bowl LVII and fewer NFL games [2][3] Revenue Breakdown - Affiliate fees, accounting for 56.2% of total revenues, increased by 4.4% to $1.93 billion, driven by a 9.2% growth in the Television segment [2] - Cable Network Programming revenues decreased by 6.2% year-over-year to $1.47 billion, with advertising revenues down 6.3% and other revenues plunging 55.3% [3] - Television revenues declined by 21.7% to $1.93 billion, with advertising revenues dropping 39.8% year-over-year [3] Operating Performance - Operating expenses decreased by 24.8% year-over-year to $2.05 billion, with a contraction of 730 basis points to 59.5% of revenues [4] - Selling, general & administrative expenses fell by 3.4% year-over-year to $510 million, expanding as a percentage of revenues by 190 basis points to 14.8% [4] - Adjusted EBITDA increased by 7% year-over-year to $891 million, with an adjusted EBITDA margin expanding by 550 basis points to 25.8% [4] Financial Position - As of March 31, 2024, Fox had $3.79 billion in cash and cash equivalents, down from $4.12 billion as of December 31, 2023 [5] - Long-term debt stood at $7.19 billion as of March 31, 2024 [5] Market Outlook - Fox holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return from the stock in the coming months [7] - The stock has a strong aggregate VGM Score of A, reflecting solid growth and value metrics [6]
Fox (FOXA) Nation's Expanding Content Suggests Bright Prospects
ZACKS· 2024-06-06 14:56
Fox (FOXA) Nation has been expanding its content offerings, which indicates bright prospects for the company in the near term. FOXA is constantly investing to expand its content, which suggests a clear strategy for the company.Shares of this Zacks Rank #3 (Hold) company have gained 16.7% year to date against the Zacks Consumer & Discretionary sector’s 2.3% decline, primarily due to its content strategy. This strategy is expected to continue in the upcoming quarters. You can see the complete list of today’s ...
Copper Fox Updates Sombrero Butte Copper Project
newsfilecorp.com· 2024-05-30 10:00
Calgary, Alberta--(Newsfile Corp. - May 30, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") and its owned subsidiary, Desert Fox Sombrero Butte Co. ("Desert Fox"), are pleased to provide shareholders an update on preliminary results of mapping activities at its 100% owned Sombrero Butte project located in the historic Bunker Hill Mining District, Arizona. The Sombrero Butte project is located approximately 2 kilometers (km) south of the Copper Creek porp ...
McEwen Mining: Grey Fox Exploration Update Extending the Production Pipeline: Good Grades Near Surface, Potential at Depth
globenewswire.com· 2024-05-27 11:00
Assay Highlights:24GF-1426: 586.7 g/t Au over 0.5 m (18.86 oz/t Au over 1.6 ft)24GF-1424: 14.3 g/t Au over 5.0 m (0.46 oz/t Au over 16.4 ft)24GF-1397: 17.4 g/t Au over 4.2 m (0.56 oz/t Au over 13.8 ft)22GF-1366: 8.8 g/t Au over 3.9 m (0.28 oz/t Au over 12.8 ft)(See Figure 2. All assay values are true widths) TORONTO, May 27, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide new assay results from the Grey Fox deposit, part of our Fox Complex. The results in Table 1 dem ...
Copper Fox Provides Update for Mineral Mountain Project
newsfilecorp.com· 2024-05-22 10:00
Calgary, Alberta--(Newsfile Corp. - May 22, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") and its wholly owned subsidiary, Desert Fox Mineral Mountain Co. ("Desert Fox"), are pleased to provide an update on the progress of the application to obtain a permit to conduct drilling operations at its 100% owned exploration stage Mineral Mountain porphyry copper property (2,692.4 ha) located in the Mineral Mountain Mining District, Arizona (see News Release d ...
Dr. Nikolas Tsakos, Founder & CEO of TEN Ltd. Interview on Fox Business Network – Friday, May 17, 2024
globenewswire.com· 2024-05-16 13:00
ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TNP) (the “Company”) announced today that the Founder and CEO, Dr. Nikolas Tsakos, will be interviewed by Ms. Lauren Simonetti on the Claman Countdown program at the Fox Business Network on Friday, May 17, 2024 between 3.15 p.m. and 3.45 p.m. EST. To watch the interview live please join the Fox Business Network Chanel on cable television. A replay will be available on the website of Fox Business Network at https://www.foxbusiness.com/ca ...
Fox Corporation Chief Financial Officer Steve Tomsic to Participate in MoffettNathanson's Media, Internet & Communications Conference 2024
Prnewswire· 2024-05-09 16:00
NEW YORK and LOS ANGELES, May 9, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Chief Financial Officer Steve Tomsic will participate in MoffettNathanson's Media, Internet & Communications Conference 2024 on May 15, at approximately 10:00am (Eastern), 7:00am (Pacific). A live and archived webcast of the presentation will be available at investor.foxcorporation.com. ABOUT FOX CORPORATIONFox Corporation produces and distributes compelling news, sports, and entertainment content ...