However, earnings dropped 6.8% y-o-y to $31.7 million due to higher operations and depreciation costs. Even with the lower earnings, the company maintained a cash balance of $98.5 million as of Sept ...
Follow us on Facebook and join our Telegram channel for the latest updates. from ‘buy’ to ‘hold’ while upgrading its target price from 91 cents to 96 cents, given the recent uptick in market activity.
The financing is being syndicated to the broader market, and pays an interest income of around 120 basis points a year. The borrowing will be split into three tranches.