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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Post by pwig01on Apr 24, 2019 2:36pm
178 Views
Post# 29665425

Zinc treatment charges

Zinc treatment charges I didn't see the actual TV announcement referrenced below.  Just read it on 5i (and a didn't see it already posted here - but just took a quick scan):

Q: TV announced they are releasing 1st quarter results May 6th, with a warning " annual zinc treatment charges (“TC”) have increased significantly since the Company’s 2019 cost guidance was set, resulting in increased off-site costs at Trevali’s operations".

They also have appointed a new President and CEO, how do you see these affecting the share price? Thanks for your insights...

Asked on April 24, 2019
 
5i Research Answer:

With the stock down 70% in a year and eight earnings misses in a row, it is safe to say investors were not expecting good news anyway. Cost overuns are never met well, but the stock has already nine of the past 11 days. Its balance sheet is reasonably strong, which may temper more investor frustration.

Bullboard Posts