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Source: optimarc, Shutterstock Summary Alton Rio is closing in on a major breakthrough at its Western Australian gold project. The pilot mine on the South Cross North Project has the potential to generate a cash flow in near terms, leading to ...

• March 01, 2021 06:28 AM EST
• Team Kalkine

Source: Copyright © 2021 Kalkine Media Pty Ltd. On 1st March 2021, the equity market of Australia settled in green as ASX200 surged sharply by 1.74% to 6789.60. On the same day, real estate sector rose by 3.24% and consumer cyclicals sector inc...

• March 01, 2021 09:28 PM AEDT
• Team Kalkine

Source: Kinga, Shutterstock After becoming the first country to officially charge tech giants Google and Facebook for Australian news content, the country registered another first by enforcing industry standards for the buy now, pay later segment. ...

• March 01, 2021 08:40 PM AEDT
• Team Kalkine

Source: TTstudio, Shutterstock Summary Senex Energy Limited (ASX:SXY) has divested its Cooper Basin assets to Beach Energy (ASX:BPT). The company will utilise the fund to accelerate the development of its Surat Basin assets. The company holds...

• March 01, 2021 08:17 PM AEDT
• Team Kalkine

Source: Jonathan Weiss, Shutterstock Warren Buffet has penned his 2020 annual shareholder, recalling his bullish stance on America and Berkshire Hathaway. The income-savvy value investor reaffirmed his belief in equities and noted that bond yields w...

• March 01, 2021 07:15 PM AEDT
• Tribhuwan

Adding great flavour to the ongoing reporting season of ASX-listed companies, branded home and hygiene product developer Pental Limited (ASX:PTL) announced strong 1H21 results for the period ending on 31 December 2021. The Company continued to foc...

• March 01, 2021 06:55 PM AEDT
• Sukriti

Source: JomNicha, Shutterstock Summary Several tech companies get listed on the ASX every year, with some of them having enormous potential to flourish in the future. BrainChip shares have grown massively by 1000%+ in the last year, led by sig...

• March 01, 2021 06:46 PM AEDT
• Team Kalkine

it retreated 3.5% over the week on account of a bearish commodities and equities market. The previous week saw the Australian dollar on a roll, surging on the back of increasing commodity prices. On the 24th of February, the Australian dollar t...

• March 01, 2021 06:32 PM AEDT
• Team Kalkine

Source: IVZ Annual Report, Sep 2020 Summary Invictus Energy Limited (ASX:IVZ) is focused on high impact energy resources in sub-Saharan Africa. The Company owns an 80% interest in the Cabora Bassa Project in northern Zimbabwe. There is giant ...

• March 01, 2021 05:55 PM AEDT
• Sukriti

Source: m_sovinskii, Shutterstock Two stocks caught up in the short squeeze frenzy of the past two months had an interesting five days on the NYSE last week. GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) are both heavily sh...

• March 01, 2021 05:25 PM AEDT
• Mark O'Donnell

Source: Africa Studio, Shutterstock Summary Troy Resources’s gold production for 1H of FY21 totalled 10,529 ounces at an AISC of US$2,460 per ounce. Amid the bullish gold market, the average realised price for gold sales stood at US$1,89...

• March 01, 2021 04:55 PM AEDT
• Team Kalkine

Source: OhSurat, Shutterstock ASX 200 erased some losses on Monday as equity markets stabilised after a bond sell off over the last week, triggered by fading uncertainties over the economic recovery. Australian markets added substantial wealth on M...

• March 01, 2021 04:41 PM AEDT
• Tribhuwan

ruction of Hull 419, a 109-metre high-speed catamaran ferry and its delivery in Norway. Austal Limited (ASX:ASB) is trending approximately 8% higher today on ASX as it released two exciting announcements. Australian prime contractor has rec...

• March 01, 2021 04:33 PM AEDT
• Team Kalkine

Source:SFIO CRACHO, Shutterstock Summary TerraCom Limited’s (ASX:TER) first-half performance was impacted by the current economic environment. The company successfully negotiated the transition to owner-operator at the Australian coal mi...

• March 01, 2021 04:26 PM AEDT
• Team Kalkine

Source:sommart sombutwanitkul,Shutterstock  Summary Australian house prices reported their sharpest monthly rise since 2003 amid record low interest rates and government’s support. House prices soared 2 per cent across the major cap...

• March 01, 2021 04:11 PM AEDT
• Ashish

In the latest update, SUDA Pharmaceutical Limited (ASX:SUD) notified that it has contracted the services of MedPharm for the anagrelide project. MedPharm is an internationally recognised Contract Development and Manufacturing Organisation (CDMO) th...

• March 01, 2021 04:05 PM AEDT
• Damini

erational guidance following robust production levels in the first two months of CY2021. Leading Australian food, beverage and nutritional company, Beston Global Food Company Limited (ASX:BFC) has released its half yearly results for FY2021 (per...

• March 01, 2021 03:47 PM AEDT
• Team Kalkine

Source: OSABEE ,Shutterstock Summary Micro-X received MRFF funding for lightweight brain CT scanner testing via MRFF funding. The Company is confident that the brain CT product would be the fourth pillar of its commercialisation strategy....

• March 01, 2021 02:33 PM AEDT
• Team Kalkine

Source:Phonlamai Photo ,Shutterstock Summary Challenger Limited has appointed Ms Rachel Grimes as its new Chief Financial Officer, with a three-decade experience in the financial space. She holds a significant experience as a technical and com...

• March 01, 2021 02:28 PM AEDT
• Team Kalkine

and platinum also fell by similar levels to gold during Friday’s trading session. US Treasury Bond yields are affecting more than just stock markets around the world. Precious metals have also seen a considerable drop in desirability and p...

• March 01, 2021 02:17 PM AEDT
• Mark O'Donnell

Source:Blue Planet Studio ,Shutterstock Summary Vection Technologies had a difficult 1H FY2021 witnessing considerable decline in revenue and EBITDA figures. The declining performance was primarily due to the COVID-19 impact and deferral of ma...

• March 01, 2021 01:57 PM AEDT
• Team Kalkine

Source: Mike Flippo ,Shutterstock Summary The S&P 500 has broken the major resistance zone on the weekly chart and now prices are getting major support from the Parabolic SAR indicator. On the weekly charts, the S&P 500 is trading...

• March 01, 2021 01:36 PM AEDT
• Team Kalkine

 Source: Vitalii Vodolazskyi ,Shutterstock Summary 2020 saw an unprecedented movement in the gold price, backed by low interest rates, massive capital influx from gold-backed ETFs and other favourable factors. Vaccine rollout and str...

• March 01, 2021 01:29 PM AEDT
• Team Kalkine

Source: MaxxiGo,Shutterstock After opening flat, the Australian benchmark equity index ASX 200 picked up as the bond yields eased. The index was trading up 99.40 points or 1.49 per cent to 6,772.70 at the time of writing. The yield on the Aust...

• March 01, 2021 01:26 PM AEDT
• Ashish

med that Australia had blocked 10 Chinese investments on national security grounds. Amid the ongoing diplomatic tensions, Chinese investment in Australia plunged significantly in 2020. Even though global investments were negatively impacted due ...

• March 01, 2021 01:22 PM AEDT
• Ashish

ps are prepared for launch and predict first sales will add revenue streams. Creso Pharma Limited (ASX:CPH, FRA:1X8) today revealed that the Company has entered into an agreement with Vermont-headquartered CERES Natural Remedies, a leading provi...

• March 01, 2021 01:15 PM AEDT
• Team Kalkine

Source: REDPIXEL.PL,Shutterstock Australian markets rose sharply at the open on Monday. Bond yields are coming down as investors are buying bonds. The yields on ten-year bond and fifteen-year bond were down over 20 bps. The Reserve Bank of Australi...

• March 01, 2021 01:09 PM AEDT
• Tribhuwan

p and Peppermint Innovation are among other penny stocks that are on the move today. Penny stocks have long been a favorite of day traders, short term traders and speculators. A penny stock is a small cap company’s stock that generally tra...

• March 01, 2021 01:02 PM AEDT
• Aayush

Source: FOTOGRIN,Shutterstock Summary Australia featured on the list of the most attractive regions in the world for mining investment. US state Nevada showed a tremendous improvement and bagged the top position in the 2020 Investment Att...

• March 01, 2021 11:57 AM AEDT
• Team Kalkine

Source:Thampapon,Shutterstock Summary Harvey Norman reported a record half-year result, with 113.8% increase in PBT. The company opened 12 new stores during H1, earlier than anticipated. HVN maintained a strong balance sheet and announced an ...

• March 01, 2021 11:32 AM AEDT
• Team Kalkine

flecting a Y-o-Y growth of 33 per cent over the December 2019 reporting period. SenSen estimates an ARR of about A$4.1 million in FY 2022. SenSen Networks Limited (ASX:SNS) has managed to cut the mustard in the second half of 2020 (1H FY21), de...

• March 01, 2021 11:21 AM AEDT
• Damini

Source: Mike_shots ,Shutterstock Summary The US 10-year treasuries’ yield surpassed 1.6 per cent, highest in one year. Higher bond yield is theoretically bad for equity markets. However, high economic growth can offset the negative...

• March 01, 2021 11:17 AM AEDT
• Aayush

Source:NicoElNino,Shutterstock Summary Invest in the companies which an investor understands. To identify a multi-bagger stock, an investor needs to pick it up in an early phase, before an analyst or media coverage. To get the benefit of comp...

• March 01, 2021 10:59 AM AEDT
• Aayush

Source: Craig Hastings,Shutterstock Summary Bitcoin has slid by almost 22 per cent last week, its worst weekly fall in over a year. Bitcoin has faced selling pressure just when the global equity markets are falling due to rising bond yiel...

• March 01, 2021 10:47 AM AEDT
• Aayush

ion Technology was up 0.738 per cent, ASX 200 Materials was down 0.007 per cent. The ASX 200 on Monday opened flat, up just 3.60 points to 6,676.90, after Wall Street ended mixed on Friday amid concerns around rising bond yields. The 10-year Tre...

• March 01, 2021 10:32 AM AEDT
• Ashish

TDA results should not be extrapolated into potential second-half performance. Freedom Foods Group Ltd (ASX:FNP) on Monday announced half-yearly results for the financial year 2020, recording a 62 per cent improvement on loss from the previous c...

• March 01, 2021 08:42 AM AEDT
• Ashish

ng and would continue to do so until cinemas are reopened in a meaningful way. Vista Group International Ltd (ASX:VGL) on Monday reported a full-year loss after tax of $NZ57 million, which included non-cash items of $70 million, negatively impac...

• March 01, 2021 07:42 AM AEDT
• Ashish

Source: Passion Images,Shutterstock Summary After Friday’s sell-off, ASX 200 is set to open 29 points higher. AUD/USD has crashed by 2.11 per cent on Friday, registering its worst fall in almost a year. Rise in the US bond yield an...

• March 01, 2021 07:38 AM AEDT
• Aayush