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Top Stories for May 7, 2024: 1. Gatos Silver (NYSE:GATO) announced its first-quarter results and operational performance at the Cerro Los Gatos mine. The company reported revenue of $72.2 million (up 3%) and net income of $10.2 million (down 20%). EBITDA was $35.1 million (down 11%), while cash flow from operations was $37.3 million (down 7%). Sustaining capital increased by 17% to $8.9 million, and free cash flow was $25.5 million. Silver equivalent production also remained consistent at 3.70 million ounces. CEO Dale Andres highlighted that silver production is expected to be in the top half of guidance, while costs remain in the lower half as the company advances its
ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZKIN," "ZK International" or the "Company"), a leading provider of advanced steel products, is pleased to announce the successful closing of its previously announced $5 million financing.The additional investment of US$1.5 million, was calculated at 165% premium, thus reinforces CF Opportunity Fund's dedication to ZK and its confidence in the Company's capacity for growth. As previously disclosed in the report of foreign private issuer on Form 6-K filed with the Securities and Exchange Commission (the "Commission") on December 1, 2023, the Company, entered into a Securities Purchase Agreement, dated November 27, 2023 (the "Purchase Agreement")
WENZHOU, China, Nov. 13, 2024 /PRNewswire/ -- ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZK International" or the "Company"), a leading engineering Company focused on high-performance steel products, is pleased to announce its preparation to accept cryptocurrency payments, including Bitcoin, as part of its continued efforts to enhance transaction efficiency and strengthen relationships with its international suppliers, vendors, and local customers in China. This strategic decision allows ZK International to embrace innovative financial technology, offering a secure, dece
WENZHOU, China, Oct. 3, 2024 /PRNewswire/ -- ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZK International" or the "Company") is proud to announce that it has secured a significant contract with Shenzhen Gas Group for the Shenzhen Municipal Infrastructural Gas Pipeline Procurement Project. This project, valued at approximately $4.47 million, will involve the provision of state-of-the-art crimped carbon steel pipes and fittings for gas engineering in multi-story residential buildings across Shenzhen. This contract win is a substantial achievement for ZK International, reinf
WENZHOU, China, Sept. 30, 2024 /PRNewswire/ -- ZK International Group Co., Ltd. (ZKIN) ("ZK International" or the "Company"), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, today announced its unaudited financial results for the six months ended March 31, 2024. Financial Highlights for the First Half of Fiscal Year 2024 For the Six Months Ended March 31, ($ millions, except per share data) 2024 2023 % Change Revenue $ 52.89 $ 49.66 6.50 % Gross profit $ 3.3
WENZHOU, China, Sept. 8, 2021 /PRNewswire/ -- ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZKIN", "ZK International" or the "Company"), is pleased to announce that, xSigma Collectibles, a subsidiary of the Company, has engaged and appointed Jon Orlando as the new CEO of MaximNFT. MaximNFT is a Non-Fungible Token (NFT) Marketplace and Platform that is being launched in an exclusive partnership with Maxim magazine. The platform's website is now available at maximnft.com. Jon Orlando has worked in the entertainment industry for over 25 years, spending time in positions with
6-K - ZK International Group Co., Ltd. (0001687451) (Filer)
6-K - ZK International Group Co., Ltd. (0001687451) (Filer)
6-K - ZK International Group Co., Ltd. (0001687451) (Filer)
WENZHOU, China, July 19, 2024 /PRNewswire/ -- ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZKIN", "ZK International" or the "Company"), a leading manufacturer and supplier of patented high-performance stainless steel and carbon steel pipe products, is pleased to announce that on July 12, 2024, the Board of Directors approved and ratified an investment of $2 million in Recruiter.com Group, Inc. (NASDAQ:RCRT) ("Recruiter.com") through the purchase of 2,000,000 shares of Common Stock at a purchase price of $1.00 per share. This investment includes a six-month option to purchase an additional 2,000,000 shares at $1.00 per share pursuant to certain Stock Purchase Agreements dated July 12, 202
WENZHOU, China, April 21, 2021 /PRNewswire/ -- ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZKIN", "ZK International") is pleased to announce that xSigma Entertainment, a wholly-owned subsidiary of ZK International, announced the acquisition of a live golf betting software. The software will serve as an enterprise B2B solution, offered to iGaming operators. xSigma Entertainment plans to beta test the software via several existing sportsbooks. "Gambling on Golf Is About to Explode. The holy grail is in-play bets. The possibilities are endless." 1 Wall Street Journal, Apr 2