Latest news for Sarama Resources (OTC:SRMMF) Stock

Sarama Resources Ltd is engaged in the exploration stage and its principal business activity is the sourcing and exploration of mineral properties. Its projects include the Sanutura project, the Karankasso project, and the Koumandara project.

Sarama Resources Ltd

Whales with a lot of money to spend have taken a noticeably bearish stance on Seagate Tech Hldgs.
Looking at options history for Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $483,670 and 7, calls, for a total amount of $326,903.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $130.0 for Seagate Tech Hldgs over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Seagate Tech Hldgs's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Seagate Tech Hldgs's whale activity within a strike price range from $100.0 to $130.0 in the last 30 days. 
<h3>Seagate Tech Hldgs Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721247384_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>STX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$5.2</td>
<td>$5.0</td>
<td>$5.2</td>
<td>$100.00</td>
<td>$301.6K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>STX</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$5.2</td>
<td>$5.0</td>
<td>$5.1</td>
<td>$100.00</td>
<td>$95.8K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>STX</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$5.2</td>
<td>$5.0</td>
<td>$5.1</td>
<td>$100.00</td>
<td>$86.1K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>STX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$3.3</td>
<td>$3.1</td>
<td>$3.1</td>
<td>$120.00</td>
<td>$67.9K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">370</td>
</tr>
<tr>
<td>STX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$3.1</td>
<td>$3.0</td>
<td>$3.0</td>
<td>$120.00</td>
<td>$67.8K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">738</td>
</tr>
</tbody>
</table>

<h3>About Seagate Tech Hldgs</h3>
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
<h3>Where Is Seagate Tech Hldgs Standing Right Now?</h3>
<ul>
<li>With a trading volume of 2,770,577, the price of STX is down by -3.5%, reaching $104.91.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 6 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Seagate Tech Hldgs</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $121.66666666666667.
<ul>
<li>Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Seagate Tech Hldgs with a target price of $120. </li>
<li>Maintaining their stance, an analyst from Cantor Fitzgerald continues to hold a Neutral rating for Seagate Tech Hldgs, targeting a price of $120. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Seagate Tech Hldgs, targeting a price of $125. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Seagate Tech Hldgs options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Seagate Tech Hldgs Unusual Options Activity

Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.08 by 12.5 percent. The company reported quarterly sales of $184.531 million which missed the analyst consensus estimate of $193.906 million by 4.83 percent. This is a 5.68 percent decrease over sales of $195.636 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

News

MMLP

Martin Midstream Partners Q2 2024 GAAP EPS $0.09 Beats $0.08 Estimate, Sales $184.531M Miss $193.906M Estimate

OPKO Health Enters Into $250M Non-Dilutive Note Purchase Agreement With HealthCare Royalty Secured By Profit Share Payments From Pfizer For NGENLA

Market Summary

General

Benzinga Market Summary: Tech Stocks Selloff Amid Weakness In Semiconductors, United Falls After The Close

WIIM

LESL

Leslie's shares are trading lower after the company issued preliminary Q3 financial results below estimates and cut its FY24 guidance.

JP Morgan analyst Kenneth Worthington maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Overweight and lowers the price target from $82 to $78.

Price Target

Analyst Ratings

SCHW

JP Morgan Maintains Overweight on Charles Schwab, Lowers Price Target to $78

Guidance

Equifax Sees Q3 EPS $1.75-$1.85 Vs $2.01 Est.; Sees FY EPS $7.22-$7.47 Vs $7.39 Est.

Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) shares, which rose yesterday following several analyst upgrades, are trading lower Wednesday amid a broader tech selloff affecting the market, particularly in chips and AI-related stocks. Here&#8217;s <a href="https://www.benzinga.com/news/24/07/39792934/shopify-stock-is-rising-tuesday-whats-going-on">what you need to know</a>.
What&#8217;s Going On: Shopify is set to announce <a href="https://www.benzinga.com/pressreleases/24/07/39811833/shopify-to-announce-second-quarter-2024-financial-results-august-7-2024">second-quarter results next month.</a> The conference call will be available via a webcast on the investor relations section of Shopify's website. Analysts are estimating EPS of 21 cents and revenue of $2.0 billion for the second quarter.
What Else: BofA Securities analyst Brad Sills upgraded Shopify from Neutral to Buy and increased the price target from $78 to $82. Additionally, Wolfe Research analyst Shweta Khajuria initiated coverage with an Outperform rating and set a price target of $80.
These updates join a series of analyst notes over the past month, including Citigroup&#8217;s Buy rating with a raised price target to $96, Evercore ISIS's upgrade to Outperform with a $75 price target and JPMorgan's initiation of coverage with an Overweight rating and a $74 price target.
 SHOP Price Action: Shopify shares were down by 7.04% at $64.81 at market close Wednesday according to<a href="https://pro.benzinga.com/dashboard"> Benzinga pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="534" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17145700/SHOP-1024x534.png" alt="" class="wp-image-441558" style="width:497px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17145700/SHOP-1024x534.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17145700/SHOP-300x157.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17145700/SHOP-768x401.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17145700/SHOP.png 1380w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39823671/amazons-hidden-gem-twitch-could-be-a-46b-game-changer-analyst">Amazon&#8217;s Hidden Gem? Twitch Could Be A $46B Game Changer: Analyst</a></li>
</ul>
Photo via Shutterstock

Upgrades

Initiation

Movers

SHOP

What's Going On With Shopify Shares Today?

The Company expects to end the fiscal year with approximately&nbsp;20%&nbsp;less inventory than at fiscal 2023 year-end and is expected to have more cash on hand at the end of the fiscal year compared to the end of fiscal 2023.
Mike Egeck, Chief Executive Officer, said, &quot;The cold and wet spring weather we experienced during the fiscal&nbsp;second quarter&nbsp;extended through May, reducing the number of pool days in non-seasonal markets and delaying the start of pool season in seasonal markets. We also continued to see weakness in large ticket discretionary categories as persistent inflation and high interest rates pressure pool owners&#39; wallets. We experienced improved sales trends in June, but the April and May revenue impact created negative operating leverage and gross margin headwinds. While we are encouraged by improved June trends, our revised full year&nbsp;outlook&nbsp;at the midpoint assumes&nbsp;third quarter&nbsp;sales performance continues through the&nbsp;fourth quarter.&quot;

Leslie's Cuts FY24 Sales Outlook From $1.41B - $1.47B To $1.321B - $1.347B (Est $1.421B), Adjusted EPS Forecast From $0.25 - $0.33 To $0.03 - $0.09 (Est $0.28)

SL Green Realty Announces Sellout Of Giorgio Armani Residences On Manhattan's Upper East Side; All 10 Units Under Contract For $168.2M, Sales To Close In Q4 2024

Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) reported quarterly earnings of $1.82 per share which beat the analyst consensus estimate of $1.73 by 5.2 percent. This is a 6.43 percent increase over earnings of $1.71 per share from the same period last year. The company reported quarterly sales of $1.43 billion which beat the analyst consensus estimate of $1.42 billion by 0.70 percent. This is a 8.50 percent increase over sales of $1.32 billion the same period last year.

Equifax Q2 Sales $1.43B Beat $1.42B Estimate

BANR

Banner shares are trading higher after the company reported better-than-expected Q2 financial results.

Equifax Sees Q3 Reported Revenue $1.425B-$1.445B Vs $1.45B Est.; Sees FY Reported Revenue $5.690B-$5.750B Vs $5.72B Est.

Within third quarter 2024 Alumina Segment Adjusted EBITDA, the Company expects sequential unfavorable impacts of $10 million related to bauxite grade in Australia.
Within third quarter 2024 Aluminum Segment Adjusted EBITDA, the Company expects favorable raw material prices of $10 million.
Interest expense in the third quarter 2024 is expected to increase by approximately $5 million due to the assumption of Alumina Limited debt at acquisition closing.
Based on current alumina and aluminum market conditions, Alcoa expects third quarter operational tax expense to approximate $60 million to $70 million, which may vary with market conditions and jurisdictional profitability.
Net income attributable to noncontrolling interest will be reported through the closing of the Alumina Limited acquisition in the third quarter and is expected to approximate $20 million.

Alcoa Provides Q3 2024 Guidance

Alcoa shares are trading higher after the company reported better-than-expected Q2 financial results.

Alcoa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.06 by 166.67 percent. The company reported quarterly sales of $2.91 billion which beat the analyst consensus estimate of $2.84 billion by 2.19 percent. This is a 8.27 percent increase over sales of $2.68 billion the same period last year.

Alcoa Q2 2024 Adj EPS $0.16 Beats $0.06 Estimate, Sales $2.91B Beat $2.84B Estimate

Dividends To Be Paid On September 11, 2024, To Stockholders Of Record As Of August 20, 2024

Dividends

JBSS

John B. Sanfilippo & Son Declares Special Cash Dividend Of $1.25 Per Share And Regular Annual Cash Dividend Of $0.85 Per Share; Total Payout Of $24.6M To Stockholders

Jefferies analyst Yaron Kinar maintains Progressive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) with a Buy and raises the price target from $256 to $257.

Jefferies Maintains Buy on Progressive, Raises Price Target to $257

Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) reported quarterly earnings of $1.62 per share which missed the analyst consensus estimate of $1.66 by 2.41 percent. The company reported quarterly sales of $1.58 billion which missed the analyst consensus estimate of $1.62 billion by 2.33 percent. This is a 15.37 percent decrease over sales of $1.87 billion the same period last year.

Crown Castle Q2 2024 FFO $1.62 Misses $1.66 Estimate, Sales $1.58B Miss $1.62B Estimate

Sarama announces equity placement of up to A$1M

SRMMF

Press Releases

Sarama Resources Engages Leading Arbitration Law Firm

Sarama Resources Issues Notice of Intent to Submit Claims to Arbitration

Sarama Announces Trading Halt

Sarama Announces Equity Placement of up to A$520,000

Sarama Completes Tranche 1 Equity Placement and ASX Cleansing Notice

Sarama Completes Second and Final Tranche of Placement

Sarama Signs MOU Over West Australian Gold Project

Offerings

Sarama Announces Equity Placement of Up To A$1M

Sarama Provides Corporate Update

TSXV:SWA

Sarama Resources

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Sarama Resources

News

Latest news for Sarama Resources (OTC:SRMMF) Stock