Trader’s Round Up: TransAlta Corporation (TAC), LICO ENERGY METALS COM NPV (WCTXF), MaryJane Group Inc (MJMJ)

TransAlta Corporation (NYSE:TAC) reported the plunge of -0.81% and closed at $6.15, with the total traded volume of 36,308.00 shares. During last trade its minimum price was $6.15 and it gained its highest price of $6.20 and has a total of 287.90 million outstanding shares.

TransAlta Corporation (NYSE:TAC) on August 10, 2017 reported second quarter 2017 comparable EBITDA of $268 million, funds from operations (“FFO”) of $187 million, and free cash flow (“FCF”) of $30 million. Comparable EBITDA and FFO for the second quarter are the highest second quarter results in over five years, and increased by $20 million and $12 million, respectively, over the same period last year.

Free cash flow was down by $26 million and $15 million for the three and six months ended June 30, 2017, respectively, due to the timing of capital expenditures, higher productivity capital spending relating to our corporate transformation, and higher distributions to our partner in TransAlta Cogeneration L.P.

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) reported the decline of -2.44%, after closing price for the day was $0.0800. Its total trading volume for the day was 37,703.00 shares, versus its average volume of 133,892.00 shares. Its earnings per share are -$0.07.

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) on September 5, 2017 announced that it has entered into a property Purchase Agreement effective August 31st, 2017 with Glencore Canada Corporation (subsidiary of Glencore plc) (“Glencore”) of Baar Switzerland, (GLEN.L) to acquire a 100% interest in mining rights patent #585 (the “Glencore property”) situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario.  The Purchase Agreement includes a back-in provision, production royalty and an off-take agreement in favor of Glencore.




Glencore is one of the world’s largest producers of cobalt as a result of by-products created from its copper assets in the DRC and nickel assets in Australia, Canada and Norway.

MaryJane Group Inc (OTCMKTS:MJMJ) showing no change and closed at $0.00020, after gaining total volume of 40.07 million shares. Its earnings per share (EPS) is -$0.03 and has total market capitalization of $496,550.00 and a total of 2.48 billion outstanding shares.

MaryJane Group Inc (OTCMKTS:MJMJ), through its subsidiaries, provides lodging, events, spa services, and brand merchandising primarily in the cannabis industry in Colorado, the United States. The company operates and manages Bud + Breakfast locations at the Adagio and Mountain Vista that offer bed and breakfast; and books tours, as well as sells branded apparel, merchandise, and glass products to its guests. It also operates Hotel San Ayre, a Bud + Breakfast property with four locations in Colorado Springs, Colorado. In addition, the company offers financing to assist Colorado marijuana growers, providing cannabis-friendly lodging and value added services of information and entertainment to consumers supporting the recreational marijuana industry. Further, it provides contracted limousine and party-bus services.

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