Markets

Silver Spruce Resources (TSXV:SSEBF) completed a 1-for-15 share consolidation, effective Oct 31, 2025, reducing shares from 324,152,832 to 21,610,189. Post-consolidation trading on the TSXV begins Nov 4, 2025, under CUSIP 828229302 and ISIN CA8282293023. Fractional shares were handled specifically; warrants and options adjusted. Registered shareholders will receive transmittal instructions; beneficial holders should contact their intermediaries. The company aims to enhance its appeal to investors through this consolidation.

Bel Fuse (BELFA, BELFB) announced quarterly cash dividends of $0.06 per Class A share and $0.07 per Class B share, payable January 30, 2026, to shareholders of record on January 15, 2026. The company has approximately 12.66 million shares outstanding. This dividend declaration highlights Bel Fuse’s commitment to shareholder returns, while requiring them to balance cash outlays with continued investment in their diversified portfolio of electronic component solutions across various industries.

InsCorp (IBTN) reported strong Q3 2025 results with EPS rising to $0.79. Key metrics like ROA, ROATCE, and efficiency ratio improved Y/Y and Q/Q. INSBANK expanded into Murfreesboro, TN, hiring experienced bankers, resulting in $14.5 million in deposits and $11.7 million in loans in 45 days. Revenue grew 18% Y/Y. Net interest income also increased for the fifth consecutive quarter. Loan and deposit growth remain robust. The board approved a quarterly dividend of $0.11 per share.

F&M Bank (FMAO) appointed Amy Cover as Chief Marketing & Experience Officer (CMXO), effective October 31, 2025. Cover, previously SVP | Chief Marketing Officer since 2009, will now oversee integrated brand engagement, encompassing customer and employee experience in addition to traditional marketing. Her role reflects a growing trend in finance to align brand perception with the overall customer and employee journey. Cover will focus on digital transformation, brand growth across Ohio, Indiana, and Michigan, and internal communications. This move aims to strengthen brand identity and drive customer loyalty.

Prenetics (PRE) acquired 100 Bitcoin after a $44M equity offering, increasing its holdings to 378 BTC. CEO Danny Yeung highlights a strong balance sheet ($127M liquidity, zero debt) fueling growth, especially for its IM8 supplement brand, which reached $100M ARR in 11 months. The company aims to combine health innovation with digital asset treasury management, pioneering a “health-and-wealth” platform. Yeung released a manifesto advocating Bitcoin accumulation as a treasury strategy and expects IM8 to generate $180-200M revenue in FY2026.

Lear Corporation (LEA) reported Q3 2025 revenue of $5.7 billion, up 2% year-over-year, but net income decreased to $108 million. EPS was $2.02 ($2.79 adjusted). Free cash flow rose significantly to $307 million. The company secured $1.1 billion in new E-Systems business and several seating programs in China. Lear is investing in digital technology and AI, including a fellowship with Palantir. The company anticipates full year sales of $22.85 to $23.15 billion.

Lake Victoria Gold (LVG) is accelerating drilling at its Imwelo Gold Project in Tanzania by adding a second drill rig. A 24-hole, 4,000-meter program is underway at Area C with the goal of completion by mid-December 2025. The program targets geotechnical data collection, resource conversion, exploration of down-dip extensions, grade control planning, and metallurgical analysis. Initial assay results from the first completed holes are anticipated next week. LVG will provide ongoing updates on the drilling progress.

Bachem, a peptides and oligonucleotides provider, announced Anne-Kathrin Stoller as the new CEO, effective January 1, 2026. Stoller, currently Head of Bachem Americas, succeeds Thomas Meier after his 30-year tenure. The appointment reflects Bachem’s strategic succession planning, leveraging Stoller’s deep understanding of the company and the biopharmaceutical market. Bachem is poised to capitalize on the growth of the peptides and oligonucleotides market under her leadership.

Primerica’s Household Budget Index (HBI) for September 2025 reached 100.4%, a 0.2% monthly increase and 0.6% year-over-year rise, indicating sustained pressure on middle-income household budgets. While the general CPI increased by 3.0%, inflation for middle-income families, as reflected in the HBI, rose to 3.4%. Essential costs for this group increased 3.2% year-over-year. The ongoing government shutdown introduces uncertainty in future data collection. The HBI tracks necessities costs and earned income, using 2019 as the baseline.

Mission Valley Bancorp (MVLY) reported a Q3 2025 net income increase to $2.1 million ($0.62/diluted share) from $1.4 million ($0.42/share) YoY. Net interest income rose 13.04% to $7.8 million, with a 4.54% net interest margin. Non-interest income grew 33.33% to $2.8 million, including gains from SBA loan sales. Total assets reached $715.0 million. Past due loans were $8.6 million with an $8.5 million allowance for credit losses. Capital ratios remained strong, supporting future growth.