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Last C$1.97 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:10 PM 04/23/15 All times are local (Market data is delayed by at least 15 minutes).

urbana corp (URB) Snapshot

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02/17/15 - C$2.23
52 Week Low
10/15/14 - C$1.71
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urbana corp (URB) Details

Urbana Corporation is a publically owned investment manager. The firm invests in public equity markets across the globe. Its investments are managed by Caldwell Investment Management Ltd. Urbana Corporation is based in Toronto, Canada.

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urbana corp (URB) Key Developments

Urbana Corporation Reports Earnings Results for the Year Ended December 31, 2014

Urbana Corporation reported earnings results for the year ended December 31, 2014. For the year, the company reported total profit of CAD 20.87 million, or CAD 0.35 per share, compared to CAD 58.90 million, or CAD 0.90 per share, for the year ended December 31, 2013. Total operating income was CAD 28.76 million, compared to CAD 64.13 million for the year ended December 31, 2013. Net income before income taxes was CAD 23.83 million, compared to CAD 58.92 million for the year ended December 31, 2013.

Beaufield Resources, Inc. and Urbana Corporation Complete Joint Induced Polarization and Magnetometer Ground Surveys

Beaufield Resources Inc. and Urbana Corporation announced that they have completed their joint induced polarization (IP) and magnetometer ground surveys totaling 103 line kilometres in the Urban township, Quebec. Induced Polarization and magnetometer surveys completed, A total of 103 line kilometres surveyed, High chargeability anomalies discovered, Some anomalies coincide with mineralization at surface. The geophysical surveys were designed to cover the common border area between the two companies, a high priority underexplored area which has never been covered by past surveysor by drilling. A preliminary examination of the data collected has identified several significant anomalies which represent new targets within the surveyed area. An anomaly of immediate interest to Beaufield is a 500 metre long and highly anomalous IP response coinciding with an outcrop which recently assayed 20 g/t gold and 2.43% copper in a grab sample. This represents a high priority drill target. Further south on Urbana ground and approximately 4 kilometres from Metanor Resources' Barry gold deposit, the new targets include a 400 metre long chargeability anomaly in an area that has never been drilled. The data collected will be analyzed in detail so that all anomalies of interest are identified and integrated with historical data. The new targets will be followed-up by a geologist in late spring, after which, a second phase exploration program is planned. TMC Geophysics of Val d'Or completed the deep penetrating IP survey, which allows for better resolution and higher precision than any other historical surveys conducted on the properties. The processing and interpretation of the geophysical data is being done by Dynamic Discovery Geoscience of Ottawa.

Urbana Corporation and Beaufield Resources, Inc. Enter into Joint Agreement

Urbana Corp. and Beaufield Resources, Inc. reported that 2 field crews have been mobilized to the Urban property to commence induced polarization and magnetometer surveys. Urbana has 44 contiguous claims covering 1116 hectares in the area. The survey is designed to straddle the common border between the two companies, a high priority underexplored area which has never been covered by past geophysical surveys or drilling. In 2014, Beaufield geologists identified an area of interest along the claim boundary that assayed 20 g/t gold and 2.43% copper in a grab sample (BFD NR, August 1st, 2014). In the area, gold is known to occur with pyrite and chalcopyrite, these can be detected by induced polarization techniques. Urbana and Beaufield have agreed to jointly explore and share the boundary information. Each party will retain 100% ownership of their respective properties. Beaufield has agreed to be the operator.


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