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Why did Lithium Australia (ASX:LIT) Shares zoom 26% on ASX today?
Sponsored

Why did Lithium Australia (ASX:LIT) Shares zoom 26% on ASX today?

Summary LIT's wholly-owned subsidiary VSPC is rightly positioned to leverage the growing LFP market. The demand for LFP has grown significantly in the last year. Backed by government support all over the world, LFP's market is likely to grow f...

  • January 19, 2021 08:49 PM AEDT
  • Team Kalkine
ASX 200 Ended the Session in Green: A Quick Look
Market Updates

ASX 200 Ended the Session in Green: A Quick Look

At the close of trading session on 19th January 2021, ASX 200 ended in green with a rise of 1.19% to 6742.60. Consumer Cyclicals sector rose by 1.97% and industrials sector increased by 1.37%. Sector Summary (Source: Refinitiv (Thomson Reuters)) ...

  • January 19, 2021 08:46 PM AEDT
  • Team Kalkine
QuickFee (ASX:QFE) updates on new hiring, Q2 FY21 results
Stock Market

QuickFee (ASX:QFE) updates on new hiring, Q2 FY21 results

Summary QuickFee has made two appointments in the US. Eric Lookhoff was appointed as President, and Sue Torgerson was hired as Chief Executive for the US market.  The company is also developing new products and services. First half FY21 ea...

Scrap media laws imposing Google and Facebook to pay to local media outlets: US
Economy

Scrap media laws imposing Google and Facebook to pay to local media outlets: US

The US has sent a submission to an Australian parliamentary inquiry urging the Australian government to scrap the media laws which will force the mega tech companies Google and Facebook to pay for sharing content from local media organisations. Hi...

  • January 19, 2021 07:46 PM AEDT
  • Team Kalkine
How new Malaysian Money Lending Licence will bolster IOUpay’s (ASX:IOU) BNPL offerings
Sponsored

How new Malaysian Money Lending Licence will bolster IOUpay’s (ASX:IOU) BNPL offerings

Summary IOUpay Limited has secured a Malaysian Money Lending Licence, required to comply with various legislations governing BNPL services. The Licence has been obtained through the acquisition of Sibu Kurnia Marine Sdn Bhd, an authorised money...

Musgrave Minerals (ASX: MGV) continues to strike gold at Cue project
Sponsored

Musgrave Minerals (ASX: MGV) continues to strike gold at Cue project

ASX-listed gold exploration company, Musgrave Minerals Limited (ASX:MGV) has unveiled another set of brilliant assay results from more than 25,000 metres regional aircore drilling at its Cue Gold Project. In late 2020, Musgrave completed 445 airco...

Small-cap player Medlab’s (ASX:MDC) shares on watch after IND approval
Stock Market

Small-cap player Medlab’s (ASX:MDC) shares on watch after IND approval

Summary Australian based medical life science company Medlab Clinical has obtained an IND grant for NanaBis™ from the US FDA. With the FDA approval, Medlab can initiate its pivotal Phase 3 clinical trial at US sites. The Company has also...

  • January 19, 2021 05:55 PM AEDT
  • Team Kalkine
ASX 200 gains 1.19%; Market Breadth remained strong
Stock Market

ASX 200 gains 1.19%; Market Breadth remained strong

Summary ASX 200 closed the session, up by 1.19% at 6742.6 after yesterday’s fall of 0.78%. Market breadth was quite strong today as 10 out of 11 sectoral indices closed in green. Volatility has also been reduced by 2.3%, but the markets ...

SI6 Metals (ASX:SI6) accelerates exploration program, shared drilling updates
Stock Market

SI6 Metals (ASX:SI6) accelerates exploration program, shared drilling updates

Summary SI6 has commenced RC drilling on its Gold Project in Western Australia. A total of 34 holes with a combined depth of 4,375m is planned on two prospects on the project. The Company completed the drilling of a hole with a depth of 550m a...

Shree Minerals highlights growth potential across portfolio in December report
Sponsored

Shree Minerals highlights growth potential across portfolio in December report

Summary Turondale tenement was granted while SHH also applied for another tenement (Rock Lodge) in the Lachlan Fold Belt. Ulysses South tenement in the vicinity of the Golden River was also granted a licence during the quarter. Stakeholders di...

  • January 19, 2021 05:33 PM AEDT
  • Team Kalkine
Will you get earnings growth from ASX consumer stocks?  
Stock Market

Will you get earnings growth from ASX consumer stocks?  

Summary Westpac Melbourne Institute Index of Consumer Sentiment was at a 10-year high in December 2020. Consumer spending on discretionary categories recovered towards the end of 2020, aided by festive season spending cycle. Consumer spend...

Auteco Minerals (ASX:AUT) Poised to Increase Pickle Crow Mineralisation, Here’s How?
Stock Market

Auteco Minerals (ASX:AUT) Poised to Increase Pickle Crow Mineralisation, Here’s How?

Auteco Minerals Ltd (ASX:AUT) has received promising drilling results outside of the current resource at the Pickle Crow Gold Project, located within the world-class Uchi sub-province of Ontario, Canada. The Company has unearthed more shallow high-gr...

  • January 19, 2021 04:42 PM AEDT
  • Team Kalkine
Why Tlou Energy’s (ASX:TOU) share price shot up over 5%?
Stock Market

Why Tlou Energy’s (ASX:TOU) share price shot up over 5%?

Summary Tlou Energy Limited has successfully executed PPA and connection agreement. The government confirms its intentions of fast-tracking CBM in Botswana. Tlou Energy‘s share price is trading 5.99 per cent up at A$0.053 (as at 3:32 PM ...

  • January 19, 2021 04:12 PM AEDT
  • Team Kalkine
Why Tyro Payments (ASX:TYR) Share Price Surged Today?
Stock Market

Why Tyro Payments (ASX:TYR) Share Price Surged Today?

Summary The payment solution company Tyro informed the market that it would resolve the terminal connectivity issue by the end of this week. Its transactions values status as on 17 January 2021 seems unaffected and the company reported 6 per ce...

What are Nova Minerals' (ASX:NVA) Latest Plans for North American Projects?
Stock Market

What are Nova Minerals' (ASX:NVA) Latest Plans for North American Projects?

Summary Nova Minerals’ (ASX:NVA) subsidiary Snow Lake Resources is set to conduct PEA for the Thompson Brothers Lithium Project. The assessment is deigned to determine expedient path to commercialisation. The company is targeting to upgr...

What made Emyria’s (ASX:EMD) shares jump ~7% on the ASX?
Stock Market

What made Emyria’s (ASX:EMD) shares jump ~7% on the ASX?

A data-baked drug development firm, Emyria Limited (ASX:EMD) witnessed an impressive growth of 7.407% (A$0.145) at AEDT 2:57 PM in its shares post the release of its quarterly activities report for the quarter ended 31 December 2021. The Company l...

WHO Chief cautions over inequality amid global COVID-19 vaccine rollout
World News

WHO Chief cautions over inequality amid global COVID-19 vaccine rollout

The head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, has blasted the unequal worldwide distribution of COVID-19 vaccine. He stated that it was "not right" that young adults in rich nations were vaccinated ahead of healthcare...

  • January 19, 2021 02:43 PM AEDT
  • Team Kalkine
Auroch Minerals (ASX:AOU) Kicks Off Drilling at Nepean Nickel Project, Know Key Details! 
Stock Market

Auroch Minerals (ASX:AOU) Kicks Off Drilling at Nepean Nickel Project, Know Key Details! 

Auroch Minerals Limited (ASX:AOU) has commenced drilling at its high-grade Nepean Nickel Project, operated under the 80:20 Joint Venture with Goldfellas Pty Ltd in Western Australia. The Nepean Nickel Project contains the Nepean nickel sulphide mine...

  • January 19, 2021 02:37 PM AEDT
  • Team Kalkine
ASX 200 rises 1%; Bingo shares jump over 20% 
Stock Market

ASX 200 rises 1%; Bingo shares jump over 20% 

Summary The Australian benchmark equity index ASX 200 is trading higher over 1 per cent even as global markets remained muted in the overnight session. While ASX 200 Industrials (Sector) was up 1.78 per cent, ASX 200 Consumer Discretionary (Sec...

Quarterly Records for HUB24 (ASX:HUB) Show Growth Prospects
Stock Market

Quarterly Records for HUB24 (ASX:HUB) Show Growth Prospects

Summary HUB24’s quarterly update for the December quarter of 2020 records a 36.7% increase in the net inflows to reach a value of $1.7 billion. HUB24 has made its entry into the non-custodian administration segment through its latest acqu...

FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut
World News

FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut

Fiat Chrysler Automobiles (FCA) and Groupe PSA have agreed to merge and form Stellantis, the fourth-largest automobile company by volume in the world. The USD 52 billion deal was finalised after a discussion for over a year. Source © Kalkin...

  • January 19, 2021 01:56 PM AEDT
  • Team Kalkine
RIO Tinto (ASX:RIO) ups its Ante with Record Production in 2020
Stock Market

RIO Tinto (ASX:RIO) ups its Ante with Record Production in 2020

Summary RIO delivered a remarkable production performance on its Pilbara iron ore project and shipped 330.6 Mt materials, 2% up from 2019. Bauxite, Aluminium and copper production surpassed their guidance range. The Company has released the Fi...

  • January 19, 2021 01:45 PM AEDT
  • Team Kalkine
Creso Pharma (ASX:CPH) shares surge following a strong start to FY2021
Stock Market

Creso Pharma (ASX:CPH) shares surge following a strong start to FY2021

Summary Creso Pharma has received a repeat purchase order for its animal health products range, anibidiol® valued at A$247,826 from Virbac Switzerland. The new purchase order adds to the strong demand for its products across Europe, Latin A...

Why is Australian Mines (ASX:AUZ) trading at a 52-Week High?
Stock Market

Why is Australian Mines (ASX:AUZ) trading at a 52-Week High?

Australian Mines Limited (ASX:AUZ) shares on the ASX have rallied in the past few weeks to register a 52-week high of $0.035 (as on 18 January 2021). The Company recently executed a Deed of Access with the Australian Department of Defence for Resourc...

Here’s why Megaport (ASX:MP1) total revenue jumped 8% in Q2
Stock Market

Here’s why Megaport (ASX:MP1) total revenue jumped 8% in Q2

Summary Megaport (ASX:MP1) reported an 8 per cent rise in total revenue to A$18.7 million in 2Q FY21 compared to the previous quarter of the same fiscal year.  Monthly recurring revenue (MRR) recorded an 8 per cent QoQ rise to A$6.3 millio...

  • January 19, 2021 12:41 PM AEDT
  • Team Kalkine
Australian shares trading higher today
Stock Market

Australian shares trading higher today

Australian shares opened higher this morning with most of the sectors rising. US Markets were closed on Monday due to Martin Luther King Jr. Day. President-elect Joe Biden is set to take office on Wednesday after unveiling nearly US$2 trillion stim...

Medibio (ASX:MEB) Shares Trading ~11% Higher on CE Mark Approval
Stock Market

Medibio (ASX:MEB) Shares Trading ~11% Higher on CE Mark Approval

Summary Medibio Limited disclosed that its sleep staging software, MEBsleep, has obtained CE Mark approval. With the CE Mark, the health technology player can accelerate MEBsleep commercialisation activities in the EEC. The Company is investig...

Woodside (ASX:WPL) and Uniper Amend LNG Deal to Double the Supply
Stock Market

Woodside (ASX:WPL) and Uniper Amend LNG Deal to Double the Supply

Summary Woodside and Uniper have amended their long-term LNG SPA, with the LNG quantity to be doubled. The two companies have also agreed to partner on possible carbon-neutral LNG. Woodside is expecting a final investment decision on its globa...

Horizon Minerals (ASX:HRZ) in Strong Financial Footing makes Early Loan Repayment
Sponsored

Horizon Minerals (ASX:HRZ) in Strong Financial Footing makes Early Loan Repayment

Both the exploration and strategic undertakings of Horizon Minerals Limited (ASX: HRZ) appear to be cutting the mustard, boosting the company's financial sustainability. Backed by its strong financial position, the Company has repaid the $4 million...

  • January 19, 2021 11:34 AM AEDT
  • Team Kalkine
How did Factor Therapeutics (ASX:FTT) perform in December quarter?
Stock Market

How did Factor Therapeutics (ASX:FTT) perform in December quarter?

Summary Factor Therapeutics has called off LONGMILE deal due to prolonged transaction process and changes in business circumstances. Net cash at the end of December 2020 quarter was reported at A$3.19 million. Factor Therapeutics’ share ...

5 Tips to Achieve Financial Independence in 2021
Stock Market

5 Tips to Achieve Financial Independence in 2021

Summary Having strong financial backing in the coming year is a crucial focus area for investors and households. The coming year can prove to be beneficial for investors, given they implement their knowledge and experience associated with the p...

Why Coventry Group (ASX:CYG) sales rose 12.5% in H1 FY21
Stock Market

Why Coventry Group (ASX:CYG) sales rose 12.5% in H1 FY21

Summary Coventry Group Ltd (ASX:CYG) reported H1 FY21 Group sales of A$138.1 million, up 12.5 per cent from the prior year’s corresponding period.  While Fluid Systems (FS) sales were up 21.1 per cent H1FY21 compared to the prior yea...

Why should Xref (ASX:XF1) be on investors’ radar?
Stock Market

Why should Xref (ASX:XF1) be on investors’ radar?

Summary Xref's revenue surged to a record $2.6 million in the December 2020 quarter. The group’s total sales notched up to $2.7 million due to the pandemic driven demand for remote working technologies. Cash outflow for the reported peri...

DroneShield (ASX:DRO) Breaks Consolidation Post the Gun Deal, What’s Next?
Technology Stocks

DroneShield (ASX:DRO) Breaks Consolidation Post the Gun Deal, What’s Next?

DroneShield Limited (ASX:DRO) is breaking its ongoing consolidation with prices finally moving out of the range-bound movement. The stock has witnessed a  slight push post the market announcement of an initial order bagged by the Company under t...

  • January 19, 2021 09:28 AM AEDT
  • Team Kalkine
Bingo (ASX:BIN) confirms takeover bid at AUD 3.50 a share
Stock Market

Bingo (ASX:BIN) confirms takeover bid at AUD 3.50 a share

Bingo Industries Ltd (ASX:BIN) on Tuesday confirmed that it had received an unsolicited cash-based takeover bid at $3.50 a share from funds advised by CPE Capital (CPEC). The unsolicited, highly conditional, non-binding, and indicative proposal fro...

5 Tips to select the right Stock Broker
Stock Market

5 Tips to select the right Stock Broker

Summary While choosing a stock broker, frequency of transactions can be kept in mind to gauge the impact of brokerage. Stability and reliability of the broker’s platform are of the utmost importance. Due diligence should be done on the r...

  • January 19, 2021 08:51 AM AEDT
  • Team Kalkine
Here’s why Vulcan Energy (ASX:VUL) shares jumped over 4,500% in last one year
Stock Market

Here’s why Vulcan Energy (ASX:VUL) shares jumped over 4,500% in last one year

Vulcan Energy Resources Ltd (ASX:VUL) share price jumped 4,647.37 in the last 12 months. The stock of the A$508.33 million lithium-focused mineral exploration company surged 225.63 per cent in January 2021. Shares of Vulcan Energy closed at A$9.02,...

  • January 19, 2021 08:46 AM AEDT
  • Team Kalkine
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