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ASX 200 Settled in Green; Academic & Educational Services Sector Rose by 5.73%
Market Updates

ASX 200 Settled in Green; Academic & Educational Services Sector Rose by 5.73%

On 25th January 2021, the equity market of Australia ended in green as ASX 200 rose by 0.36% to 6824.70. Academic & Educational Services sector rose by 5.73% and basic materials sector increased by 1.22%. Sector Summary (Source: Refinitiv&nbsp...

  • January 25, 2021 09:11 PM AEDT
  • Team Kalkine
Cyprium Metals (ASX:CYM) Pleased With Excellent Drilling Results At Nanadie
Sponsored

Cyprium Metals (ASX:CYM) Pleased With Excellent Drilling Results At Nanadie

Summary Cyprium Metals’ RC drilling programme at the Nanadie Well Copper-Gold project has returned extensive supergene mineralisation.  RC drilling is undertaken at Nanadie Well to test as well as define the extent of supergene miner...

Why did Cellmid’s (ASX:CDY) shares end today’s session on a high?
Stock Market

Why did Cellmid’s (ASX:CDY) shares end today’s session on a high?

Summary Cellmid Limited announced the first order from Chinese distributor and released its Q2 FY2021 highlighting improved Australian and US e-commerce performance. The significant order, coupled with improved cashflows and the ongoing shift t...

  • January 25, 2021 07:39 PM AEDT
  • Team Kalkine
Real Energy Corporation (ASX:RLE) Shares Climb ~11% on Merger Update 
Stock Market

Real Energy Corporation (ASX:RLE) Shares Climb ~11% on Merger Update 

Summary The merger between Strata-X Energy (ASX:SXA) and Real Energy (ASX: RLE) is expected to close by the end of February 2021. The merged entity would have a prospective gas portfolio of 11.8TCF in three 100% owned projects. The stock o...

China starts considering Australian coal carriers that arrived before the ban
Commodities

China starts considering Australian coal carriers that arrived before the ban

Australia is the leading thermal coal exporter of the world and exports around 70-80% of its produced coal to China. Australia fulfilled around 57 per cent of Chinese thermal coal demands in 2019. The trade relations between the two countries becam...

China dethrones US as the highest FDI recipient in 2020
World News

China dethrones US as the highest FDI recipient in 2020

According to an UNCTAD report released in January 2021, China was able to secure Foreign Direct Investment worth US$163 billion in the previous year, surpassing the FDI inflow received by the US worth US$134 billion. The UN published its Investment...

  • January 25, 2021 06:28 PM AEDT
  • Team Kalkine
Corazon Mining (ASX:CZN) preps up for the next phase of drill at Lynn Lake
Sponsored

Corazon Mining (ASX:CZN) preps up for the next phase of drill at Lynn Lake

Summary Corazon advances on next phase of the drilling program at Lynn Lake The upcoming drilling program is anticipated to begin in February. Corazon has already identified priority targets at the Matrix trend and the South pipe target within...

SUDA Pharmaceuticals Ltd (ASX:SUD) Closes Q2 FY21 with Sound Cash Balance of $5.47 Million
Sponsored

SUDA Pharmaceuticals Ltd (ASX:SUD) Closes Q2 FY21 with Sound Cash Balance of $5.47 Million

SUDA Pharmaceuticals Ltd (ASX:SUD) has released another set of solid quarterly results for the period ended 31 December 2020. The oro-mucosal drug delivery leader closed the second quarter of FY 2021 with a strong cash balance of $5.47 million. Du...

Here’s why Mach7 Technologies (ASX:M7T) is on the move
Stock Market

Here’s why Mach7 Technologies (ASX:M7T) is on the move

Summary Mach7 Technologies has signed an amended contract with Adventist Health System/West worth $7.9 million. The company would provide its full range of PACS (Picture Archive Communication System) solution to Adventist Health. Mach7’s...

  • January 25, 2021 05:27 PM AEDT
  • Team Kalkine
Viking Mines (ASX:VKA) Ramps Up its First Hit project Exploration, Adds Ground Holding
Stock Market

Viking Mines (ASX:VKA) Ramps Up its First Hit project Exploration, Adds Ground Holding

Australian explorer, Viking Mines Limited (ASX:VKA) has further fuelled its buoyant exploration momentum with the addition of prospective geology around the First Hit gold mine. The gold-focused explorer has acquired 100% tenement P30/1126 in Weste...

Warrego Energy (ASX:WGO) Reports Busy December Quarter with West Erregulla Project Developments
Stock Market

Warrego Energy (ASX:WGO) Reports Busy December Quarter with West Erregulla Project Developments

Summary During December quarter, Warrego Energy suspended the WE-3 well on the West Erregulla Project after hitting an over-pressured gas column. The Company has upsized the gas processing facility to 80TJ/d in view of its gas sales agreement w...

ASX shares slightly higher on the eve of Australia Day
Stock Market

ASX shares slightly higher on the eve of Australia Day

Summary ASX 200 closed Monday session with a gain of nearly 25 points. Consumer and tech stocks helped to maintain a slight gain. Australian also gave the nod for Pfizer vaccine jabs on Monday, but ASX travel stocks fared lower. ASX shares...

  • January 25, 2021 05:03 PM AEDT
  • Team Kalkine
Youfoodz (ASX:YFZ) posts stellar first quarterly update since IPO
Stock Market

Youfoodz (ASX:YFZ) posts stellar first quarterly update since IPO

Summary Youfoodz Holdings Limited (ASX:YFZ) has released its first quarterly update since its IPO. The Company reported continued strong growth for the business with record growth in certain key areas. It reaffirmed continued momentum into Q32...

Sydney Airport Tightened Screening Process as New Case Found in NZ
World News

Sydney Airport Tightened Screening Process as New Case Found in NZ

Sydney is again on the tight spot as the Sydney Airport has increased its passenger screening protocols. Recently the state of New South Wales celebrated its eight-day without acquiring any new COVID-19 case. However, the testing is conducted in lo...

How did Medlab (ASX:MDC) Perform in the December Quarter?
Stock Market

How did Medlab (ASX:MDC) Perform in the December Quarter?

Summary Medical research and development company Medlab Clinical provided a quarterly update highlighting its business and quarterly cash flow report. Medlab stated that with the IND approval, it would initiate NanaBis™ pivotal Phase III ...

  • January 25, 2021 04:47 PM AEDT
  • Team Kalkine
Kyckr (ASX:KYK) reports 27% growth in Q2 FY21 recurring revenue, shares up marginally
Stock Market

Kyckr (ASX:KYK) reports 27% growth in Q2 FY21 recurring revenue, shares up marginally

Summary Kyckr Limited released its December quarter report reporting 27% growth in contracted recurring revenue. The Company’s Enterprise business was the major contributor to overall revenue. The customer monthly run rate improved by 20...

  • January 25, 2021 03:43 PM AEDT
  • Team Kalkine
Why Platina Resources’ (ASX:PGM) shares are on fire today
Sponsored

Why Platina Resources’ (ASX:PGM) shares are on fire today

The prevailing scenario dominated by increasing electric vehicles take-up and expected favourable winds for the scandium market appears to sharpen the focus of Platina Resources Limited (ASX: PGM) on unlocking the value of its scandium pr...

  • January 25, 2021 03:24 PM AEDT
  • Team Kalkine
Will Myer Holdings (ASX:MYR) deliver shareholder value?
Stock Market

Will Myer Holdings (ASX:MYR) deliver shareholder value?

Summary Myer is working through its Customer First Plan to deliver better outcomes for stakeholders after a decade of underperformance.  The company closes H1 FY21 in January 2021. It will likely disclose half-year results in March 2021.&n...

Lake Resources (ASX:LKE) welcomes global institutional backing via A$20 Mn commitments
Stock Market

Lake Resources (ASX:LKE) welcomes global institutional backing via A$20 Mn commitments

Lake Resources N.L. (ASX:LKE) has received commitments worth A$20.6 million (before cost) to issue about 125 million new shares at an issue price of A$0.165 per unit to institutional investors. LKE to Issue 125 Million New Shares At A$0.165, the i...

  • January 25, 2021 02:46 PM AEDT
  • Team Kalkine
Why is Invictus Energy’s (ASX:IVZ) Cabora Bassa Project an ideal answer to Zimbabwe’s energy crisis?
Sponsored

Why is Invictus Energy’s (ASX:IVZ) Cabora Bassa Project an ideal answer to Zimbabwe’s energy crisis?

Summary Southern Africa is confronting an energy crisis with growing shortages of electricity hindering industry and investment. Invictus Energy Limited (ASX:IVZ) is focused on oil and gas in Sub Saharan Africa, developing the Cabora Bassa Proj...

Fire at serum institute, will this impact vaccine rollout?
World News

Fire at serum institute, will this impact vaccine rollout?

On 21 January 2021, at least five construction workers lost their lives in a massive fire at the world's biggest vaccine manufacturer’s site in Western India. The Serum Institute of India's (SII) plant in Pune region caught fire.  The S...

NBA star Shaquille O'Neal sends PointsBet shares on the rise
Stock Market

NBA star Shaquille O'Neal sends PointsBet shares on the rise

Summary Shaquille O'Neal will represent the PointsBet Holdings in Australia. The company will launch countrywide brand campaign with its new brand ambassador. PointsBet Holdings Limited (ASX:PBH) today morning released a pleasing update on...

  • January 25, 2021 02:11 PM AEDT
  • Team Kalkine
Cyclopharm (ASX:CYC) Completes Capital Raising to Finance USA Commercialisation
Stock Market

Cyclopharm (ASX:CYC) Completes Capital Raising to Finance USA Commercialisation

Summary Radiopharmaceutical company Cyclopharm completed A$30 million placement with overwhelming support from its institutional and sophisticated investors. The Company is well-positioned for the rapid commercialisation in the US, after FDA ap...

BPH Energy (ASX:BPH) Shares Climb ~68%, Investee Cortical Bags European Patent and Makes New Appointment
Sponsored

BPH Energy (ASX:BPH) Shares Climb ~68%, Investee Cortical Bags European Patent and Makes New Appointment

Summary BPH Energy Ltd (ASX:BPH) investee Cortical has announced the issuance of the European patent in the United Kingdom, France, Belgium, and Germany. Cortical has also appointed a new member to its Advisory Committee - Mr Jamie Stanistreet....

Harris Technology (ASX:HT8) shares tumble following Q2 FY2021 update
Stock Market

Harris Technology (ASX:HT8) shares tumble following Q2 FY2021 update

Summary Harris Technology released its Q2 FY2021 results reporting growth in cash receipts from A$2.35 million in Q2 FY2020 to A$9.586 million in Q2 FY2021. The positive unaudited cash flow for the quarter was a significant turnaround for the C...

Why is Ampol (ASX:ALD) trading down today?
Stock Market

Why is Ampol (ASX:ALD) trading down today?

Australian leading transport fuel company Ampol Limited (ASX:ALD) has successfully completed an off-market share buy-back program. The size of the buy-back scheme was A$300.4 million, which involved 11.4 million shares. Also Read: Crude oil bulls ...

  • January 25, 2021 01:25 PM AEDT
  • Team Kalkine
How did Tribune Resources (ASX:TBR) fare in the December Quarter?
Stock Market

How did Tribune Resources (ASX:TBR) fare in the December Quarter?

Summary Tribune Resources (ASX:TBR) published its December quarter ending results with significant achievements. The company completed 4,113 meters of RC drilling and 15,092 meters of Diamond Core drilling in the last quarter. Infill drilling ...

Australia gets its first COVID-19 vaccine; TGA approves Pfizer’s COMIRNATY
Covid-19

Australia gets its first COVID-19 vaccine; TGA approves Pfizer’s COMIRNATY

Summary The Australian regulatory agency has given the green light to Pfizer’s COVID-19 vaccine for use in Australia. The provisional approval of Pfizer’s COVID-19 vaccine is applicable for two years. The Australian government said...

ASX shares slightly higher at noon
Stock Market

ASX shares slightly higher at noon

ASX shares are tracking marginally higher at the half. On last Friday, the S&P 500 closed slightly lower, but NASDAQ made new highs as tech firms rose.  Investors expect a strong earnings season from the tech sector, which sent the US tech ...

  • January 25, 2021 12:32 PM AEDT
  • Team Kalkine
Venus Metals (ASX:VMC) Unearths PGE Mineralised Area at the Youanmi Project
Stock Market

Venus Metals (ASX:VMC) Unearths PGE Mineralised Area at the Youanmi Project

Venus Metals Corporation Limited (ASX:VMC) has identified extensive platinum-group elements (PGE) and base metals mineralised areas post the recently conducted reverse circulation (RC) drilling at the Vidure South and other prospects, located in the ...

  • January 25, 2021 12:08 PM AEDT
  • Team Kalkine
NASDAQ ends 4% higher last week amid Apple, Facebook rally
Stock Market

NASDAQ ends 4% higher last week amid Apple, Facebook rally

Summary NASDAQ Composite ended last week 4 per cent higher as big technology stocks such as Apple and Facebook supported the upward momentum. On Friday, while the S&P 500 closed 0.30 per cent lower at 3,841.47, the tech-heavy NASDAQ Composi...

Tomizone’s (ASX:TOM) revenue declined after exiting loss making contracts
Stock Market

Tomizone’s (ASX:TOM) revenue declined after exiting loss making contracts

Summary Tomizone Limited has reported an operating loss after tax of $1.47 million for the half-year ended 31 December 2019. The revenue has also declined on the back of the group’s decision to exit several loss-making customer contracts....

ASX Today: ASX 200 opens slightly higher; healthcare up, energy down
Stock Market

ASX Today: ASX 200 opens slightly higher; healthcare up, energy down

The ASX 200 opened slightly higher on Monday, after closing on a weak note on Friday. The ASX 200 is up just 6.30 points to 6806.70 in the opening trade. The top gainers in the index were Fisher & Paykel Healthcare Corporation Ltd, and South32 ...

  • January 25, 2021 10:37 AM AEDT
  • Team Kalkine
5 Tips to achieve your financial goals
Stock Market

5 Tips to achieve your financial goals

Achieving financial goals is a dream for many people. Unfortunately, too many people either fail to achieve their financial goals or find it too difficult to get started on the path. The primary reason for this is, there is no fixed path or hard an...

Why Senex Energy (ASX:SXY) is Swiftly Climbing the Price Ladder on ASX?
Stock Market

Why Senex Energy (ASX:SXY) is Swiftly Climbing the Price Ladder on ASX?

Sensex Energy Limited (ASX:SXY) is almost reaching its previous 52-week high of $0.375 with prices falling just 5 cents short to reach $0.370 on 22 January 2021. The stock has gained considerable momentum in the recent past with prices trailing in a...

Why Silver Lake (ASX:SLR) maintained gold guidance for FY2021
Stock Market

Why Silver Lake (ASX:SLR) maintained gold guidance for FY2021

Silver Lake Resources Ltd (ASX:SLR) has unveiled quarterly activities report for the December quarter 2020, assuring that it was well-placed to meet the guidance for FY21. The company maintained gold sales guidance at 240,000 to 250,000 ounces for ...

ASX news; market set to open higher after Friday’s fall
Stock Market

ASX news; market set to open higher after Friday’s fall

Summary ASX 200 is set to open up by 15 points to 6748. Crude oil fell on Friday’s session after a surge in the stockpile reported by the US and new restriction being imposed in China. Pull back in gold could lead to some selling pressur...

  • January 25, 2021 09:16 AM AEDT
  • Team Kalkine
Here’s why Medadvisor (ASX:MDR) shares shot up nearly 18% last week
Stock Market

Here’s why Medadvisor (ASX:MDR) shares shot up nearly 18% last week

Shares of Medadvisor (ASX:MDR) surged 17.6 per cent last week following the release of the company's quarterly results. On Monday, 18 January 2021, the stock closed at A$0.34. On Friday, 22 January 2021, Medadvisor shares closed at A$0.40, down 0.0...

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