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MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Stocks in play: Royal Nickel Corporation

Baystreet.ca
·1 min read

Announced its financial results and review of activities for the three months ended March 31, 2020. First-quarter 2020 consolidated gold production of 24,816 ounces – 2020 gold production guidance of 90,000 to 95,000 ounces is maintained (assuming no significant interruption in operations as a result of the COVID-19 virus). Adjusted earnings were $12.6 million, or $0.02 per share for the first quarter of 2020, down $1.1 million from $13.7 million in the fourth quarter of 2019, primarily due to fewer ounces sold. Royal Nickel Corporation shares T.RNX are trading down $0.01 at $0.42.

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