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At the close of trading session on 25th November 2020, S&P/ASX200 settled at a new 100-day high as there was a rise of 39.20 points or 0.59% to 6683.30. On the same day, academic & educational services sector rose by 3.10%. Sector Summary ...

• November 25, 2020 09:04 PM AEDT
• Team Kalkine

Australia seems to be losing a battle against competitor countries when it comes to tertiary education. While overseas universities are arranging arrivals and flights for thousands of students from across the world, Australia is left far behind. C...

• November 25, 2020 08:40 PM AEDT
• Edita Ivancevic

Summary Troy has re-entered Hicks 4 Phases 1 & 2 and completed mining at Hicks 4 Phase 3. The mining at Hicks 4 Phases 1 & 2 is anticipated to mine high-grade gold ores against the phase 3 pit. The insurance claims for the Karouni store...

• November 25, 2020 08:15 PM AEDT
• Team Kalkine

Summary Red Mountain has successfully completed the geophysical review of the Mt Mansbridge Rare Earths Project. Additional radiometric targets have been identified on the project. Potential of rare earth-xenotime along with heavy rare elements...

• November 25, 2020 07:01 PM AEDT
• Hina Chowdhary

Summary Cauldron Energy raised A$1.6 million through Placements to fast-track the exploration activities at its gold and uranium projects. Cauldron issued 51,612,903 fully paid ordinary shares at an issue price of A$0.031 in order to complete t...

• November 25, 2020 06:57 PM AEDT
• Kunal Sawhney

Summary Fatfish has announced the launch of a BNPL business for corporates via its investee company Smartfunding Pte. Ltd.  The BNPL financing will allow corporates to apply on Smartfunding's website digitally for a loan amount up to AUD 1...

• November 25, 2020 06:31 PM AEDT
• Team Kalkine

The New Zealand instituted mobile engagement platform, Plexure Group Limited (NZX:PX1), has now marked its presence on the ASX as its shares started trading at 11:00 AM AEDT on 25 November 2020. The company is trading under ticker ‘PX1’...

• November 25, 2020 05:50 PM AEDT
• Team Kalkine

Australian news portals had been writing about the four deaths in the food delivery industry in the past couple of months which was alarming enough. Yet, that was not all as a fifth fatal bike crash was confirmed just two days ago in Sydney’s...

• November 25, 2020 04:57 PM AEDT
• Edita Ivancevic

ASX-listed rare earth minerals explorer, Greenland Minerals Limited (ASX:GGG) has received firm commitments from institutional, sophisticated and professional investors to raise $30 million (before costs).  The capital raising garnered strong...

• November 25, 2020 04:47 PM AEDT
• Team Kalkine

Summary K2fly Limited has completed the integration of Perth-based technology company SATEVA, which was acquired at the end of October 2020. The acquisition is significant to the company's ongoing strategy of improving revenues within the expan...

• November 25, 2020 04:38 PM AEDT
• Hina Chowdhary

Summary Horizon Minerals received a robust set of results from the Phase 2 resource extension drilling at Crake, which is a part of the 100% owned Binduli gold project area.  The drilling at Crake Gold project consisted of 10 step-out hole...

• November 25, 2020 04:27 PM AEDT
• Kunal Sawhney

ASX-listed contract services provider NRW Holdings Limited (ASX:NWH) has set its eyes on Primero Group Limited (ASX:PGX), an engineering design, construction and operational services provider to the resource and energy sectors. NRW has unveiled a un...

• November 25, 2020 04:09 PM AEDT
• Team Kalkine

ASX-listed health technology software company, Volpara Health Technologies Limited (ASX:VHT) released its 1H FY2021 results reporting impressive revenue growth. After a strong FY2020, 1H FY2020 brought many challenges for the Company, COVID-19 bei...

• November 25, 2020 03:44 PM AEDT
• Hina Chowdhary

Summary Kathmandu Holdings’ (ASX:KMD) same-store sales declined in Q1 largely due to the pandemic.  The Board expects to resume dividend payments following 1H FY21 results, subject to trading conditions.   Kathmandu Ho...

• November 25, 2020 03:40 PM AEDT
• Kunal Sawhney

Multinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regulators found a "pattern of misconduct" for risk management and other control failings in its wealth ...

• November 25, 2020 03:26 PM AEDT
• Team Kalkine

Australian stocks rallied on 25 November 2020, S&P/ASX200 is up today by 0.8% and trading at 6698 at AEDT 2:34 PM, setting a new 100-day high. The index has reached levels that were last seen in February 2020 and is near to its pre-COVID-19 level...

• November 25, 2020 03:14 PM AEDT
• Team Kalkine

Summary Jindalee Resources (ASX:JRL) recently grabbed headlines for embarking on a 21-hole drill program at the McDermitt lithium project. While its immediate focus seems to be on the successful completion of the drill hole program, it also int...

• November 25, 2020 03:11 PM AEDT
• Hina Chowdhary

Summary Twenty Seven Co. has recently concluded an aerial drone survey and a sampling program at the Mt Dimer Mining Lease in Western Australia. The Company collected 12 grab samples across the tailings storage facility (TSF), recording gold gr...

• November 25, 2020 02:21 PM AEDT
• Kunal Sawhney

Summary Like several other sectors, virtual reality has been glorified for several years. The industry, however, has prospered in 2020 amid COVID-19. ASX listed VR industry players like Vection Technologies and Indoor Skydive have witnessed spi...

• November 25, 2020 02:14 PM AEDT
• Team Kalkine

On 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle car company's market value crossed the USD 500 billion-mark, Musk's net worth increased by nearly ...

• November 25, 2020 02:06 PM AEDT
• Team Kalkine

Bitcoin has once again reclaimed the USD 19,000 mark, climbing to a high of USD 19,349.0 yesterday and is presently trading at USD 19,169.00, marking the first rally over the last three years to see the crypto asset above the USD 19,000 mark. The ma...

• November 25, 2020 01:58 PM AEDT
• Hina Chowdhary

Summary APA Group is constructing a new gas pipeline to incorporate an interconnected gas pipeline system in the Goldfields region of Western Australia. The investment decision was also driven by the Federal Government’s initiatives to sp...

• November 25, 2020 01:52 PM AEDT
• Kunal Sawhney

Summary Harvey Norman’s growth streak continues with the Australian retailer announcing impressive results for the period 1 July – 21 November 2020. During the period, Harvey Norman reported a strong 28.2% increase in aggregate sale...

• November 25, 2020 01:46 PM AEDT
• Team Kalkine

S&P/ASX 200 (ASX:XJO) has been in a continuous uptrend since last few weeks, in sync with the global markets. The benchmark index traded at 6699.3, up by 0. 83% mid-day. The index jumped to the intraday high of 6713.1, almost 7% short of Februa...

• November 25, 2020 01:13 PM AEDT
• Kunal Sawhney

Summary Universal Store Holdings is a speciality retailer catering to the youth apparel market in Australia. It is an omni-channel retailer with a store and online presence.  CleanSpace Holdings is a respiratory protection equipment design...

• November 25, 2020 12:39 PM AEDT
• Team Kalkine

Summary Elsight Limited has launched Renounceable Rights Issue to raise approximately A$8.15 million to gather funds to meet various significant requirements. The Renounceable Rights Issue have started trading on ASX under the Ticker ‘ELS...

• November 25, 2020 11:28 AM AEDT
• Hina Chowdhary

Summary MRG Metals has announced analytical results from its maiden aircore drilling program at the Nhacutse and Bungane Prospects, which are part of thace Corridor South Project in Mozambique. 14 aircore holes were completed at Nhacutse, and a...

• November 25, 2020 11:25 AM AEDT
• Kunal Sawhney

Summary Variscan Mines Limited (ASX:VAR) has released the results of the 3D laser survey undertaken at the San Jose-Novales mine. The 3D laser survey has identified in-situ high-grade zinc mineralisation beyond surveyed mine workings. The surv...

• November 25, 2020 11:22 AM AEDT
• Team Kalkine

Gold has been quite the charmer as a safe haven asset in 2020 with the spot price vaulting to a record high of USD 2,073.41 per ounce in August 2020. The impeccable rally in gold prices has brought a smile on many faces with several banks, royalty ...

• November 25, 2020 12:00 AM AEDT
• Hina Chowdhary