Microbix Biosystems Inc (MBXBF)

[yielddude]

New 52 week highs today ...
MBX.TO .74 728K volume
MBXBF .5763

I'm impressed. Stock was holding the 60's past couple of weeks on no big news, now it has moved up to 52 week highs (multi year high).

They just finished 4th quarter, and it should be a record quarter, so that is 4 record earnings quarters in a row. They will now have a P/E etc. to use as comparison to other comparable companies, rapidly growing revenues, margins, cash flows, and earnings. With catalysts to come.

Catalysts:
4thQ and yearly earnings - we know it will be good, but still don't know the exact numbers.
New VTM contract with Ontario - feel like we've been waiting, but I'm confident it will come.
QAP's - lots of references in CC's that this could grow rapidly, so I'm optimistic there will be some news on this front in the next few months.
Kinlytic - there was a mention a while back that they hoped to secure a deal by calendar year-end. Hopefully that is still on track, as that will be a nice bonus, and likely a surprise to anyone that does not follow the company closely.

Microbix is expanding their manufacturing capacity, and their growth in revenues/earnings/cash flow should continue through 2022 and beyond. IT has been a slow (but positive) grind, but it appears the acceleration is within sight.

I'm still optimistic about $1 by year-end 2021, and $2 by YE 2022.