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Global Industrial Company (NYSE:GIC ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Mike Smargiassi - IR, The Plunkett Group Richard Leeds - Chairman & CEO Tex Clark - SVP & CFO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Operator Good afternoon, ladies and gentlemen, and welcome to Global Industrial's Third Quarter 2024 Earnings Call. At this time, I would like to turn the floor over to Mike Smargiassi of The Plunkett Group.
Global Industrial (GIC) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.54 per share a year ago.
VANCOUVER, BC / ACCESSWIRE / October 16, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) ("Omega Pacific" or the "Company") is pleased to provide an overview and update on its recent acquisition of additional claims at the Williams property, located in BC's Golden Horseshoe as previously reported (see Omega Press Release dated May 24, 2024). Highlights The Company recently acquired a 51.7 Ha claim located 400 m west of Omega's 2024 drilling Historical soil sampling on the claim returned anomalous copper and gold with assays as high as 12 g/t gold and 0.1% copper Completes a contiguous land package across the whole GIC Prospect Newly staked 1,707 Ha claim which adjoins Williams to the east Geology of the GIC prospect trends directly through the new claim These acquisitions give Omega an uninterrupted strike length of 5 km of gold-in-soil anomalism and increases GIC's overall strike length GIC to 12 km.
Investors need to pay close attention to Global Industrial (GIC) stock based on the movements in the options market lately.
VANCOUVER, BC / ACCESSWIRE / July 31, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) ("Omega Pacific'' or the "Company") is pleased to provide a detailed interpretation of its recently announced assay results from drill hole WM24-01 and overview of its Phase 1 direction. Highlights: Comparative analysis of drill holes WM22-02, 22-03 and 24-01 evidence robust gold mineralization along chargeability and resistivity anomalies More drilling is warranted proximal to these holes and associated IP anomalies as well as IP anomalies elsewhere along the >4 km GIC trend Drill hole WM24-01 was located 50 m from historical drill hole WM22-02 which had returned strong grades in 2022 At ~250 m, both drill holes share similar grades and geological properties, deepening the Company's understanding of GIC's mineralization controls Moderate IP anomalies are proving to be powerful vectors to gold mineralization Upcoming results from the remaining holes of the initial 2024 drill program will further inform second phase drill program strategy Drill Hole 24-01 Further analysis of last week's drill results reveals promising mineralization potential at GIC, marking a significant step forward in Omega Pacific's exploration efforts.
Global Industrial (GIC) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.56 per share a year ago.
VANCOUVER, BC / ACCESSWIRE / July 24, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) ("Omega Pacific" or the "Company") is pleased to announce initial drill results from its 2024 drill program at the Williams Property in British Columbia's Golden Horseshoe. These intervals from the Phase 1 program confirm the potential of high-grade and bulk-tonnage gold mineralization on the Property (Figure 1).
Global Industrial (GIC) reported earnings of $0.34 per share for the quarter, which fell short of the Zacks Consensus Estimate of $0.38 per share. This is a decrease from earnings of $0.35 per share in the same quarter last year.
Global Industrial (GIC) sees year-over-year improvement in both the top and bottom lines, driven by the Indoff acquisition and higher volumes.
Global Industrial Company (GIC) Q4 2023 Earnings Call Transcript
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