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SPROTT RESOURCE HOLDINGS INC T.SRHI

"Sprott Resource Holdings Inc invests and operates, through its subsidiaries, in the natural resource sector. It has investments in oil and gas exploration, production and services, mining and agriculture."


TSX:SRHI - Post by User

Post by bigreturn11on Feb 22, 2019 11:01am
96 Views
Post# 29399617

SRHI owns 15% of Corsa

SRHI owns 15% of CorsaCorsa released a nice Q4 and FYE 2018 report yesterday. Strong profit for 2018 and guidance of roughly $15M or $0.17 EPS for FYE 2019 based on strong metalurgical coal sales. SRHIs share is poised for another bump.

https://stockhouse.com/companies/quote?symbol=v.cso

CSO shares are up 6% so far today and have increased from $0.65 in early February to $0.81 today. The CSO gain in that time frame is $15M and SRHI's 15% share of CSO increased $2.3M in the same time frame.

$2.3M CSO gain / 34M shares SRHI is $0.07 per share increase in SRHI value. 
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