CALGARY, Alberta, Aug. 17, 2023 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its unaudited financial and operating results for the three months period ended June 30, 2023, with comparisons to the same period last year. The unaudited condensed consolidated financial statements and related management discussion […]
(TSXV:TGH | OTCQX:TGHLF) On the heels of Tornado Global Hydrovacs reporting Q1/2023 financials that saw the Company achieve its highest ever quarterly sales, Gross Profit and EBITDAS, Beacon Securities analyst Russell Stanley noted that, “these results demonstrate the company’s demand picture.” Tornado, which designs and manufactures hydrovac trucks for safe excavation around critical infrastructure in […]
“Don’t Just Watch This Tornado – Buy It” is the title of Beacon Securities initiating coverage from analyst Russell Stanley on Tornado Global Hydrovacs, a designer and manufacturer of hydrovac trucks. Mr. Stanley has set a stock price target of $1.00/share compared to the current trading range of $0.40 to $0.45. He writes that hydrovac […]
When it comes to “non-destructive” excavation for infrastructure, fiber optic, utility corridors or pipelines, more and more companies are turning to Tornado’s technologically advanced and long-life hydrovac trucks. Tornado has been delivering strong quarter over quarter revenue and profitability growth but in management’s view, this is just the beginning as it expands product lines throughout […]