Tiger Gold Reports Drilling Results from Tesorito Project
- Impressive Drilling Results: Drillhole TSDH-71 intersected 89.96 meters grading 0.9 g/t Au from 426 meters downhole, including a significant 16.9-meter interval that may indicate a potential feeder zone, supporting future resource growth.
- High-Grade Mineralization Characteristics: Within TSDH-71, the 16.9-meter interval averaged 2.3 g/t Au, 0.25% Cu, and 158 ppm Mo, with a notable 6-meter high-grade section reaching 4.1 g/t Au, indicating mineralization potential beyond current resource models.
- Ongoing Drilling Plans: The company continues drilling at Tesorito and Dos Quebradas, with TSDH-70 confirming continuity of mineralization at the eastern margin, intersecting 79 meters averaging 0.6 g/t Au, further enhancing confidence in the project.
- Clear Strategic Objectives: This drilling program aims to systematically test high-impact targets to drive future resource growth at the Quinchía Gold Project and lay the groundwork for a pre-feasibility study.
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Tiger Gold Reports Drilling Results from Tesorito Project
- Impressive Drilling Results: Drillhole TSDH-71 intersected 89.96 meters grading 0.9 g/t Au from 426 meters downhole, including a significant 16.9-meter interval that may indicate a potential feeder zone, supporting future resource growth.
- High-Grade Mineralization Characteristics: Within TSDH-71, the 16.9-meter interval averaged 2.3 g/t Au, 0.25% Cu, and 158 ppm Mo, with a notable 6-meter high-grade section reaching 4.1 g/t Au, indicating mineralization potential beyond current resource models.
- Ongoing Drilling Plans: The company continues drilling at Tesorito and Dos Quebradas, with TSDH-70 confirming continuity of mineralization at the eastern margin, intersecting 79 meters averaging 0.6 g/t Au, further enhancing confidence in the project.
- Clear Strategic Objectives: This drilling program aims to systematically test high-impact targets to drive future resource growth at the Quinchía Gold Project and lay the groundwork for a pre-feasibility study.
UPFintech Reports Q3 Revenue of $175.2M, Up 73.3% YoY
- Record Revenue: UPFintech achieved total revenue of $175.2 million in Q3, marking a 73.3% year-over-year increase and a 26.3% quarter-over-quarter rise, underscoring the company's strong performance amid market recovery and solidifying its leadership in the digital brokerage sector.
- Surge in Net Income: Non-GAAP net income reached $57.0 million, up 28.2% quarter-over-quarter and 2.8 times year-over-year, setting a new record that reflects a significant enhancement in the company's profitability and boosts investor confidence.
- Strong Client Growth: The company added 31,500 funded accounts, bringing the total to 1.22 million, an 18.5% year-over-year increase, indicating the success of its client acquisition strategy and further expanding its market share.
- Rising Trading Volume: Q3 trading volume hit $209.4 billion, up 28.5% year-over-year, demonstrating robust market activity that is expected to provide ongoing support for the company's future revenue growth.
UP Fintech Reports Q3 Revenue of $175.2M, Up 73.3% YoY
- Significant Revenue Growth: UP Fintech's total revenue for Q3 reached $175.2 million, reflecting a robust 73.3% year-over-year increase and a 26.3% quarter-over-quarter rise, underscoring the company's strong performance in the global investor market and solidifying its market position.
- Substantial Net Income Increase: The net income attributable to ordinary shareholders was $53.8 million, up 29.9% quarter-over-quarter and nearly three times that of the same quarter last year, indicating a significant enhancement in profitability that supports its sustainable growth strategy.
- Strong Customer Growth: The company added 31,500 new customers in Q3, with Singapore and Hong Kong contributing approximately 40% each, allowing UP Fintech to achieve its 2025 customer target ahead of schedule and further increasing its market share.
- Asset Scale Expansion: By the end of Q3, the total number of customers with deposits reached 1,224,200, an 18.5% increase year-over-year, while total account balances rose to $61 billion, up 49.7%, demonstrating the company's success in attracting and retaining client assets.
UPFintech Reports Q3 Revenue of $175.2M, Up 73.3% YoY
- Record Revenue: UPFintech achieved total revenue of $175.2 million in Q3, marking a 73.3% year-over-year increase and a 26.3% quarter-over-quarter rise, demonstrating strong growth momentum amid improving market conditions and solidifying its leadership in the digital brokerage market.
- Significant Profit Surge: Non-GAAP net income soared to $57.0 million, up 28.2% quarter-over-quarter and 2.8 times year-over-year, reflecting the success of the company's client acquisition and product diversification strategies, which bolster investor confidence.
- Notable Client Growth: The company added 31,500 funded accounts in Q3, bringing total clients to 1.22 million, an 18.5% year-over-year increase, indicating effective strategies in attracting high-quality clients and enhancing market share.
- Rising Trading Volume: Q3 trading volume reached $209.4 billion, up 28.5% year-over-year, showcasing increased user engagement and laying a solid foundation for future revenue growth.
UP Fintech Reports Non-GAAP EPADS of $0.31 and Achieves Record Revenue of $175.2 Million
Financial Performance: UP Fintech reported a Q3 Non-GAAP EPADS of $0.31 and revenue of $175.2 million, reflecting a 73.3% year-over-year increase. GAAP EPADS stood at $0.27, with net income attributable to shareholders reaching a record high of $57.0 million.
Growth in Commissions and Client Base: Commissions rose to $72.9 million, a 76.9% increase from the previous year, driven by higher trading volumes. Funded accounts grew by 31,500, totaling 1.22 million, an 18.5% increase year-over-year.
Market Activity and Client Assets: Trading volume in Q3 increased by 28.5% year-over-year to $209.4 billion, while total client assets reached a new peak of $61.0 billion, up 17.3% sequentially and 49.7% year-over-year.
Tiger Vault Growth: The "Tiger Vault" service in Hong Kong experienced significant growth, with assets under custody (AUC) increasing by 339% year-over-year.
Key Stocks Reporting Earnings This Week: Costco, MongoDB, Ulta, and Others
Upcoming Earnings Reports: Retail investors are anticipating a week of earnings reports from various companies, including MongoDB, CrowdStrike, and Salesforce, among others.
Analyst Expectations: Analysts have raised price targets for CrowdStrike ahead of its earnings report, with expectations of earnings of 94 cents per share and revenue of $1.21 billion.
Retail Sector Focus: Major retailers like Macy's and Dollar Tree are set to report earnings, with significant attention on their performance as the holiday season approaches.
Market Movements: The stock of Victoria's Secret is highlighted for its potential volatility, as over 20% of its shares are currently sold short, indicating investor caution.
Tiger Gold Reports Drilling Results from Tesorito Project
- Impressive Drilling Results: Drillhole TSDH-71 intersected 89.96 meters grading 0.9 g/t Au from 426 meters downhole, including a significant 16.9-meter interval that may indicate a potential feeder zone, supporting future resource growth.
- High-Grade Mineralization Characteristics: Within TSDH-71, the 16.9-meter interval averaged 2.3 g/t Au, 0.25% Cu, and 158 ppm Mo, with a notable 6-meter high-grade section reaching 4.1 g/t Au, indicating mineralization potential beyond current resource models.
- Ongoing Drilling Plans: The company continues drilling at Tesorito and Dos Quebradas, with TSDH-70 confirming continuity of mineralization at the eastern margin, intersecting 79 meters averaging 0.6 g/t Au, further enhancing confidence in the project.
- Clear Strategic Objectives: This drilling program aims to systematically test high-impact targets to drive future resource growth at the Quinchía Gold Project and lay the groundwork for a pre-feasibility study.
UPFintech Reports Q3 Revenue of $175.2M, Up 73.3% YoY
- Record Revenue: UPFintech achieved total revenue of $175.2 million in Q3, marking a 73.3% year-over-year increase and a 26.3% quarter-over-quarter rise, underscoring the company's strong performance amid market recovery and solidifying its leadership in the digital brokerage sector.
- Surge in Net Income: Non-GAAP net income reached $57.0 million, up 28.2% quarter-over-quarter and 2.8 times year-over-year, setting a new record that reflects a significant enhancement in the company's profitability and boosts investor confidence.
- Strong Client Growth: The company added 31,500 funded accounts, bringing the total to 1.22 million, an 18.5% year-over-year increase, indicating the success of its client acquisition strategy and further expanding its market share.
- Rising Trading Volume: Q3 trading volume hit $209.4 billion, up 28.5% year-over-year, demonstrating robust market activity that is expected to provide ongoing support for the company's future revenue growth.
UP Fintech Reports Q3 Revenue of $175.2M, Up 73.3% YoY
- Significant Revenue Growth: UP Fintech's total revenue for Q3 reached $175.2 million, reflecting a robust 73.3% year-over-year increase and a 26.3% quarter-over-quarter rise, underscoring the company's strong performance in the global investor market and solidifying its market position.
- Substantial Net Income Increase: The net income attributable to ordinary shareholders was $53.8 million, up 29.9% quarter-over-quarter and nearly three times that of the same quarter last year, indicating a significant enhancement in profitability that supports its sustainable growth strategy.
- Strong Customer Growth: The company added 31,500 new customers in Q3, with Singapore and Hong Kong contributing approximately 40% each, allowing UP Fintech to achieve its 2025 customer target ahead of schedule and further increasing its market share.
- Asset Scale Expansion: By the end of Q3, the total number of customers with deposits reached 1,224,200, an 18.5% increase year-over-year, while total account balances rose to $61 billion, up 49.7%, demonstrating the company's success in attracting and retaining client assets.
UPFintech Reports Q3 Revenue of $175.2M, Up 73.3% YoY
- Record Revenue: UPFintech achieved total revenue of $175.2 million in Q3, marking a 73.3% year-over-year increase and a 26.3% quarter-over-quarter rise, demonstrating strong growth momentum amid improving market conditions and solidifying its leadership in the digital brokerage market.
- Significant Profit Surge: Non-GAAP net income soared to $57.0 million, up 28.2% quarter-over-quarter and 2.8 times year-over-year, reflecting the success of the company's client acquisition and product diversification strategies, which bolster investor confidence.
- Notable Client Growth: The company added 31,500 funded accounts in Q3, bringing total clients to 1.22 million, an 18.5% year-over-year increase, indicating effective strategies in attracting high-quality clients and enhancing market share.
- Rising Trading Volume: Q3 trading volume reached $209.4 billion, up 28.5% year-over-year, showcasing increased user engagement and laying a solid foundation for future revenue growth.
UP Fintech Reports Non-GAAP EPADS of $0.31 and Achieves Record Revenue of $175.2 Million
Financial Performance: UP Fintech reported a Q3 Non-GAAP EPADS of $0.31 and revenue of $175.2 million, reflecting a 73.3% year-over-year increase. GAAP EPADS stood at $0.27, with net income attributable to shareholders reaching a record high of $57.0 million.
Growth in Commissions and Client Base: Commissions rose to $72.9 million, a 76.9% increase from the previous year, driven by higher trading volumes. Funded accounts grew by 31,500, totaling 1.22 million, an 18.5% increase year-over-year.
Market Activity and Client Assets: Trading volume in Q3 increased by 28.5% year-over-year to $209.4 billion, while total client assets reached a new peak of $61.0 billion, up 17.3% sequentially and 49.7% year-over-year.
Tiger Vault Growth: The "Tiger Vault" service in Hong Kong experienced significant growth, with assets under custody (AUC) increasing by 339% year-over-year.
Key Stocks Reporting Earnings This Week: Costco, MongoDB, Ulta, and Others
Upcoming Earnings Reports: Retail investors are anticipating a week of earnings reports from various companies, including MongoDB, CrowdStrike, and Salesforce, among others.
Analyst Expectations: Analysts have raised price targets for CrowdStrike ahead of its earnings report, with expectations of earnings of 94 cents per share and revenue of $1.21 billion.
Retail Sector Focus: Major retailers like Macy's and Dollar Tree are set to report earnings, with significant attention on their performance as the holiday season approaches.
Market Movements: The stock of Victoria's Secret is highlighted for its potential volatility, as over 20% of its shares are currently sold short, indicating investor caution.
