Gold n Futures Mineral Stock (OTC: GFTRF)

Gold n Futures Mineral (OTC:GFTRF) Stock, Quote.Headers.trade-ideas

Gold n Futures Mineral Corp is an exploration-stage company. Principally, it is engaged in the acquisition and exploration of mineral properties in Ontario. The company operates in one operating segment, Mining exploration. Its projects include Handcamp, Hercules Elmhurst Project, and Brady Gold.

GOLD'N FUTURES MINERL CP by Gold'n Futures Mineral Corp.

Gold n Futures Mineral Corp

Medtronic plc (NYSE:&nbsp;MDT), a global leader in healthcare technology,&nbsp;today announced that Thierry Piéton has been appointed Chief Financial Officer for the company, effective March 3, 2025. He will report to Medtronic Chairman and Chief Executive Officer Geoff Martha and will join the Medtronic Executive Committee. Piéton joins Medtronic from Renault Group, where he has served as Chief Financial Officer since March 2022. Gary Corona, who has been serving as interim CFO, will continue in this role until Piéton joins Medtronic, after which Corona will become Senior Vice President, Corporate Finance and will remain on the Medtronic Executive Committee.

News

Medtronic Names Thierry Piéton As New CFO, Effective March 2025

Barclays analyst Benjamin Theurer upgrades ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) from Underweight to Equal-Weight and raises the price target from $4 to $6.

Upgrades

Price Target

Analyst Ratings

Barclays Upgrades ICL Group to Equal-Weight, Raises Price Target to $6

Needham analyst Laura Martin reiterates Perion Network (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PERI#NASDAQ">PERI</a>) from Hold to Hold.

Reiteration

PERI

Needham Reiterates Hold on Perion Networkto Hold

WIIM

Shares of prison stocks are trading higher after President Trump reversed an executive order eliminating DOJ contracts with private prisons.

Barclays analyst Benjamin Theurer upgrades FMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>) from Equal-Weight to Overweight and maintains the price target from $65 to $65.

Barclays Upgrades FMC to Overweight, Maintains Price Target to $65

Needham analyst James Ricchiuti maintains nLight (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASR#NASDAQ">LASR</a>) with a Buy and lowers the price target from $16 to $14.

LASR

Needham Maintains Buy on nLight, Lowers Price Target to $14

Canaan Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAN#NASDAQ">CAN</a>) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending December 31, 2024, and provided financial guidance for fiscal year 2025.
Management Commentary
"Since&nbsp;the beginning of the fourth quarter of 2024, we have made considerable progress in expanding our market presence, strengthening partnerships and advancing our self-mining operations, while steadily increasing our bitcoin holdings on our balance sheet," said Nangeng Zhang, chairman and chief executive officer of Canaan. "We made significant strides in North America, establishing a new localized team to explore partnerships and opportunities, and to implement new projects. Our goal remains on track to reach 10 Exahash per second (EH/s) of mining hash rate in North America and 15 EH/s in total globally by mid-2025.
"On the product front, we upgraded our Avalon A15 series, which offers superior performance, with different models to address each of our customers' diverse mining conditions and needs. These products have gained traction among our customers, as demonstrated by multiple high-profile orders from well-renowned institutional miners. Meanwhile, our commitment to exceptional service and support has garnered increasing recognition in the markets. We also believe that with the growing popularity of Bitcoin, the ability to mine will become of interest to a broader audience. This belief led to the launch of additional products in the Avalon Home series. These innovative products are designed for individual consumers and allow them to participate in the decentralization principles of the&nbsp;Bitcoin system.
"In light of the increasing demand for bitcoin mining hash rate and our growing mining operations, our preliminary expectations for total revenues for fiscal year 2025 are in the range of US$900 million to US$1.1 billion. This guidance is based on current market and operational conditions, and our actual results may vary from these expectations. In Q1 2025, we continue to see increased computing power demand, leading to deliveries of customer orders scheduled into Q2 of 2025. As we balance the allocation of our Bitcoin mining machines between customer orders and our own mining hash rate deployment, we continue to prepare for longer-term impact of the bull market. Due to the typical slowdown that we anticipate because of the Lunar New Year holiday period in Q1 2025, we will provide guidance for Q1 in our Q4 2024 earnings release which we expect to issue in late March 2025. We remain committed to innovation, strategic partnerships, and expanding the Company's footprint in the global Bitcoin mining industry."
December 2024 Bitcoin Mining Updates (unaudited)
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Key Metrics</td>
<td colspan="1" rowspan="1">&nbsp;Results (Rounded Numbers)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Bitcoins Mined During the Month</td>
<td colspan="1" rowspan="1">62 Bitcoins</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Month-End Bitcoins Owned by Canaan Inc. on Balance Sheet1</td>
<td colspan="1" rowspan="1">1,293 Bitcoins</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Month-End Deployed Hashrate (EH/s)</td>
<td colspan="1" rowspan="1">5.44EH/s</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Month-End Operating Hashrate (EH/s)</td>
<td colspan="1" rowspan="1">4.75EH/s</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Month-End Average Revenue Split2</td>
<td colspan="1" rowspan="1">53.7&nbsp;%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Average Mining Operational Cost During the Month3</td>
<td colspan="1" rowspan="1">US$0.04/kWh</td>
</tr>
</tbody>
</table>
</figure>

Guidance

Canaan Boosts December Mining to 62 BTC, Projects FY25 Revenue Up to $1.1B

TAL Education Group shares are trading lower following an EPS miss from peer New Oriental Education.

General

LODE

Comstock Subsidiary Secures Exclusive Rights To Hexas' Intellectual properties In Liquid Fuels Applications

KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.33 by 15.15 percent. This is a 52 percent increase over earnings of $0.25 per share from the same period last year.&nbsp;

Earnings

Earnings Beats

Earnings Misses

CORRECTION: KeyCorp Q4 2024 Adj. EPS $0.38 Beats $0.33 Estimate, Revenue Of $865.000M Not Comparable To $1.743B Estimate. Adjusted Revenue Excludes $915M Loss On Sale of Securities

New Oriental Education & Technology Group

New Oriental Education shares are trading lower after the company reported a Q2 EPS miss.

Barclays analyst Benjamin Theurer downgrades CF Industries Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CF#NYSE">CF</a>) from Overweight to Equal-Weight and raises the price target from $96 to $100.

Downgrades

Barclays Downgrades CF Industries Holdings to Equal-Weight, Raises Price Target to $100

POWW

AMMO shares are trading higher after the company announced the sale of its small-caliber ammunition manufacturing assets to Olin for $75 million.

Tencent Music Entertainment shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight.

Sports

IGT Bags 10-Year Contract To Deliver World-Class Lottery And iLottery Solutions In Luxembourg

Community Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) reported quarterly earnings of $1.00 per share which beat the analyst consensus estimate of $0.90 by 11.11 percent. This is a 31.58 percent increase over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $196.30 million which beat the analyst consensus estimate of $191.31 million by 2.61 percent. This is a 10.93 percent increase over sales of $176.96 million the same period last year.

Community Financial Q4 2024 Adj EPS $1.00 Beats $0.90 Estimate, Sales $196.30M Beat $191.31M Estimate

Barclays analyst Benjamin Theurer downgrades Bunge Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) from Overweight to Equal-Weight and lowers the price target from $115 to $95.

Barclays Downgrades Bunge Global to Equal-Weight, Lowers Price Target to $95

ALAB

Astera Labs shares are trading lower after Morgan Stanley downgraded the stock from Overweight to Equal-Weight, maintaining its $142 price target.

URBN

Urban Outfitters shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $41 to $63.

Evercore ISI Group analyst Durgesh Chopra upgrades NRG Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) from In-Line to Outperform and raises the price target from $74 to $126.

Evercore ISI Group Upgrades NRG Energy to Outperform, Raises Price Target to $126

Gold'n Futures Mineral Corp. (TSE:FUTR) has released an update. Gold'n Futures Mineral Corp. has updated the terms of its option agreement with Arg...

Gold'n Futures Restructures Hercules Project Deal

Gold'n Futures Mineral Corp. (TSE:FUTR) has released an update. Gold'n Futures Mineral Corp. has announced the immediate termination of its CEO, St...

Gold'n Futures Seeks New CEO After Termination

Gold'n Futures settle outstanding cash payments owed to creditor

Gold'n Futures Mineral Corp. (TSE:FUTR) has released an update. Gold'n Futures Mineral Corp. has reached a settlement to issue over 6 million share...

Gold'n Futures Settles Debt with Equity

Gold'n Futures Mineral Corp. (TSE:FUTR) has released an update. Gold'n Futures Mineral Corp. has reached agreements to settle $65,861 in outstandin...

Gold'n Futures Settles Debt to Preserve Capital

Gold'n Futures Mineral Corp. (TSE:FUTR) has released an update. Gold'n Futures Mineral Corp. has successfully completed its debt settlement, issuin...

Gold'n Futures Clears Debt, Advances Gold Ventures

Gold'n Futures Mineral Corp. (TSE:FUTR) has released an update. Gold'n Futures Mineral Corp. faces a setback as the Ontario Securities Commission i...

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