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Casting an eye on Aspire Mining's All-Round Progress during March 2021 Quarter
Sponsored

Casting an eye on Aspire Mining's All-Round Progress during March 2021 Quarter

Aspire Mining Limited (ASX: AKM) has remained focused on making a firm footing on its highly prospective metallurgical coal assets in Mongolia despite the COVID-19 restriction. The March 2021 quarter proved no different, with the Company advancing ...

Mixed Sentiments Witnessed In ASX Indices    
Market Updates

Mixed Sentiments Witnessed In ASX Indices    

On May 03, 2021, ASX 200 rose by 3.00 points or 0.04% to 7028.80. As can be seen from the below table, ASX 300 also increased marginally by 0.02% to 7022.90 while ASX MIDCAP50 declined by 0.65% to 8561.40. Notably, All Ordinaries witnessed a fall of ...

Renegade Exploration (ASX:RNX) gets green signal for CJV interest acquisition
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Renegade Exploration (ASX:RNX) gets green signal for CJV interest acquisition

Summary Renegade Exploration Limited has received indicative approval from the Queensland Department of Resources for securing the interest in CJV. Mongoose is a high priority prospect and indicates an immediate drill-ready target, subject to a...

Bitcoin Rally Faces Falling Market Liquidity
Digital

Bitcoin Rally Faces Falling Market Liquidity

According to JPMorgan, Bitcoin's market liquidity is currently much lower than the market liquidity in gold or indices. Thus, it indicates that even smaller trades involving the cryptocurrency can have a significant price impact on it. Image Sourc...

Calima Energy (ASX:CE1) seals Blackspur merger deal, will add 3,000 boe/d of hydrocarbon production
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Calima Energy (ASX:CE1) seals Blackspur merger deal, will add 3,000 boe/d of hydrocarbon production

Canada focused oil and gas producer Calima Energy Limited (ASX:CE1) revealed the completion of the merger deal with Blackspur Oil Corp. Calima Energy announced that all the issued ordinary shares of Blackspur are now owned by Calima under the Plan...

APV, DTZ and VR1 quarterly updates fail to cheer the market
Stock Market

APV, DTZ and VR1 quarterly updates fail to cheer the market

Summary The technology sector has experienced challenges during 2021, with the S&P/ASX 200 Information Technology delivering a negative return of 4.84%. AppsVillage continued with its cost reduction strategy in the quarter while also signin...

March quarter brightens VRX Silica’s prospects amid escalating silica sand demand
Sponsored

March quarter brightens VRX Silica’s prospects amid escalating silica sand demand

Summary VRX Silica Limited (ASX:VRX) has recently released its quarterly outcomes for the period ended March 2021. During the quarter, the explorer conducted a grade control drill program at the Arrowsmith North project, whose assay results are...

  • May 03, 2021 06:31 PM AEST
  • Damini
Ora Banda Mining (ASX:OBM) progresses across projects in full swing throughout March quarter
Sponsored

Ora Banda Mining (ASX:OBM) progresses across projects in full swing throughout March quarter

Summary Ora Banda Mining has completed several significant activities at various deposits across its Davyhurst project. OBM continued open-pit mining operations at Riverina and restarted the Davyhurst processing plant during the March quarter. ...

Australia commences the next stage of COVID-19 vaccine rollout today
Covid-19

Australia commences the next stage of COVID-19 vaccine rollout today

Summary Australia begins the next phase of vaccine rollout by vaccinating people aged over 50 years. The government has planned to vaccinate younger Australians with Pfizer’s vaccine amid the blood clot issue with AstraZeneca’s jab....

Lithium Australia (ASX:LIT) Makes Two Crucial Appointments To Rev Up Projects
Sponsored

Lithium Australia (ASX:LIT) Makes Two Crucial Appointments To Rev Up Projects

Summary Lithium Australia has onboarded two very successful and well-credentialled professionals.  The new additions are expected to steer the company’s projects towards commercialisation. The company is focused on creating a circul...

Five buzzing hot stocks for the day
Stock Market

Five buzzing hot stocks for the day

Summary Westpac reported a statutory profit of AU$3.44 billion, up by a massive 189% from the previous corresponding period. Woolworths’ eCommerce sales have continued to grow strongly, increasing 64.2% in Q3 FY21 to AU$1.3 billion. ANZ ...

  • May 03, 2021 04:45 PM AEST
  • Aayush
Pressure to waive off vaccine IP rights increases as COVID-19 cases continue to rise
World News

Pressure to waive off vaccine IP rights increases as COVID-19 cases continue to rise

Summary With the surmounting COVID-19 cases, the developing countries are demanding patent exemptions on items, including vaccines, diagnostic kits, and ventilators, to fight the COVID-19 pandemic. The patent waiver will help emerging nations m...

Why Berkshire’s Charlie Munger ‘hates’ Bitcoin’s meteoric rise
Cryptocurrency

Why Berkshire’s Charlie Munger ‘hates’ Bitcoin’s meteoric rise

Summary Expressing his dislike for Bitcoin, Berkshire Hathaway’s Vice Chairman Charlie Munger on Saturday said: “Of course I hate the bitcoin success.” The 97-year-old Munger was speaking at a Q&A session at the Berkshire&...

Hot EV Stocks: How have they fared in the past year?
World News

Hot EV Stocks: How have they fared in the past year?

Summary Electric Vehicle (EV) is the booming sector and offers a huge opportunity for the investors. The shift towards sustainable development is pushing the EV sector. The companies across the globe EV and allied sectors have grown tremendous...

COVID-19’s deadliest week kills over 93K globally, India remains worst-hit
World News

COVID-19’s deadliest week kills over 93K globally, India remains worst-hit

Summary Global COVID-19 fatalities and cases remain flat on a weekly basis. Indian cases and fatalities continue to rise. Australia criminalises travel from India till the ban remains effective. The COVID-19 pandemic has claimed 93,537 li...

Top 5 ASX gainers of the day
Stock Market

Top 5 ASX gainers of the day

Summary The Australian share market traded higher on Monday, buoyed by gains in Westpac Australian shares. However, weakness in the miners and energy companies due to muted weak commodity prices capped the index gains. Financial stocks were th...

What’s the latest BUZZ in the Australian Market today?
Stock Market

What’s the latest BUZZ in the Australian Market today?

The S&P/ASX200 ended Friday with a fall of 0.8%, even though April 2021 was the best month for the Australian Market in the last 5 months.  ASX started the new month with a gain of 1.70 points to 7024.10 at 02:20 pm AEST. Most of the secto...

Mid-Market: ASX 200 up 0.33%, Pointsbet, Westpac surge on strong profit
Stock Market

Mid-Market: ASX 200 up 0.33%, Pointsbet, Westpac surge on strong profit

The Australian share market continued to trade higher by afternoon, with the benchmark index ASX 200 adding 23.30 points to trade at 7049.10, up by 0.33%. Seven of 11 sectors were trading in green, while Financial was the best performing sector, up 1...

A New Copyright Lawsuit May Unveil Bitcoin’s True Founder
Cryptocurrency

A New Copyright Lawsuit May Unveil Bitcoin’s True Founder

Summary Australian Craig Wright is filing a copyright claim against the website Bitcoin.org, claiming he is the true founder of the cryptocurrency Bitcoin. Wright’s claims are disputed by many, with Bitcoin.org declaring that his allegati...

MRG Metals’ March 2021 quarter paints a bright picture for HMS prospects
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MRG Metals’ March 2021 quarter paints a bright picture for HMS prospects

Summary MRG Metals Limited (ASX:MRQ) has highlighted achievements of the March 2021 quarter at its heavy mineral sands (HMS) projects in southern Mozambique. Activities ramped up at Nhacutse, Koko Massava and the recently granted Marao licence....

  • May 03, 2021 02:11 PM AEST
  • Sukriti
Q121 report ups Greenland Minerals’ hopes for Kvanefjeld rare earth project
Sponsored

Q121 report ups Greenland Minerals’ hopes for Kvanefjeld rare earth project

Summary Greenland Minerals Limited (ASX:GGG) has given the lowdown on Q1 2021 activities and developments across its Kvanefjeld rare earth project. Public consultation over Kvanefjeld is in progress – a key step in the Greenland Governmen...

  • May 03, 2021 01:25 PM AEST
  • Sukriti
Why ELMO Software (ASX:ELO) Shares Are On Investors’ Radar Today 
Stock Market

Why ELMO Software (ASX:ELO) Shares Are On Investors’ Radar Today 

Summary ELMO has rolled out a new module for better insights, engagement, and retention of employees. The cloud-based HR solution, Predictive People Analytics will provide an additional revenue stream. The company developed the new module in c...

Five hot penny stocks worth your attention today
Stock Market

Five hot penny stocks worth your attention today

Summary Taruga Minerals Limited opened with a gap up of around 43%, with its share price at AU$0.082, which climbed even further to AU$0.096. The MSG share price is trading at the day’s highest level of AU$0.056, surging up by 24.4%. BBX...

  • May 03, 2021 01:02 PM AEST
  • Aayush
Warren Buffett roots for retained earnings, rues Apple share sale
World News

Warren Buffett roots for retained earnings, rues Apple share sale

Summary Ace investor Warren Buffet says that retained earnings are future profits He, however, cautions that retained earnings may not always give desired results Warren Buffet feels selling Apple stocks was a “mistake”. Ace i...

Here’s why Pharmaxis (ASX:PXS) shares are trending on the ASX
Stock Market

Here’s why Pharmaxis (ASX:PXS) shares are trending on the ASX

Summary Pharmaxis Ltd and Charlie Teo Foundation have identified a new drug that shows promise in tackling a deadly form of brain cancer. Pharmaxis’ PXS‐5505 will be a part of preclinical testing to assess its efficacy for gli...

Will Janus Henderson Group PLC (ASX: JHG) manage to surpass the major hurdle on Charts?
Stock Market

Will Janus Henderson Group PLC (ASX: JHG) manage to surpass the major hurdle on Charts?

Summary JHG price settled at AUD 44.85, up by ~5.18 percent in Friday’s trading session and was as one of the top gainers of S&P/ASX 200. JHG’s prices started to firm up by the end of March 2020 and gained ~ 119 percent in 8 mon...

Cyprium Metals (ASX:CYM) Delivers Stellar Results in March Quarter, Acquires Paterson Project
Sponsored

Cyprium Metals (ASX:CYM) Delivers Stellar Results in March Quarter, Acquires Paterson Project

Summary Cyprium Metals acquired Metals X for a total consideration of AU$60 million.  Nifty mine, one of the key copper assets of Paterson portfolio, will be witnessing significant developments from the June quarter this year.  The C...

Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via PayPal 
World News

Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via PayPal 

Summary Coinbase allows its customers to buy cryptocurrencies using bank accounts linked to PayPal. Coinbase’s users can purchase up to US$25,000 a day with PayPal account. The facility is currently available for US customers only. ...

How 3 ASX-Listed Penny Stocks in Lithium Space Are Performing
Stock Market

How 3 ASX-Listed Penny Stocks in Lithium Space Are Performing

Summary Number of electric vehicles is forecast to reach 145 million by 2030, as per the International Energy Agency. Lithium is one of the primary components of a Lithium-Ion battery, which is used to fuel EVs. The outlook is highly positive ...

ASX 200 today: Will Westpac continue to lift Australian shares higher?
Stock Market

ASX 200 today: Will Westpac continue to lift Australian shares higher?

Summary After finishing last week on a weak note, ASX 200 on Monday opened lower, tracking sluggish global cues. The Australian benchmark equity index ASX 200 today dipped 2.80 points to 7,023 at opening. However, the broader index soon reboun...

  • May 03, 2021 11:26 AM AEST
  • Ashish
Crucial events that can sway global markets this week
World News

Crucial events that can sway global markets this week

Summary Global markets are keeping a close watch on India’s rising infections Australia, US, German macro numbers would be the key drivers this week Australia’s RBA is likely to keep its monetary policy unchanged The rally in ...

Building a long-term portfolio? Here are three hot value stocks
Stock Market

Building a long-term portfolio? Here are three hot value stocks

The whole essence of successful investing is to hold the shares for the long term, giving ample time to the company to spread its wings before flying high. Also, in the short term, even a robust business model may face challenging situations, which...

  • May 03, 2021 10:41 AM AEST
  • Aayush
Stellar Show in March Quarter Helps Citigold’s (ASX:CTO) Shares Rise Sharply
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Stellar Show in March Quarter Helps Citigold’s (ASX:CTO) Shares Rise Sharply

The ASX-listed gold miner Citigold Corporation (ASX:CTO) announced its quarterly report for the period ending 31 March 2021. The main highlight for the quarter’s operational activities was the selection of the site for the upcoming processing...

ASX 200 on Monday: Top 5 things to watch out
Stock Market

ASX 200 on Monday: Top 5 things to watch out

The Australian benchmark equity index is expected to open weak on Monday after finishing the last week on a muted note. According to the ASX 200 Futures, the index may open 7 points or 0.1% lower, in line with the dismal performance on Wall Street ...

  • May 03, 2021 09:22 AM AEST
  • Ashish
Why Westpac’s (ASX:WBC) first-half cash profit rose 256%
Stock Market

Why Westpac’s (ASX:WBC) first-half cash profit rose 256%

Westpac Banking Corporation (ASX:WBC) on Monday announced a better-than-expected cash profit in the first half of 2021 on due to continued economic recovery in Australia and New Zealand. The Australian bank and financial services provider also rein...

  • May 03, 2021 08:15 AM AEST
  • Ashish
ASX 200: Oil companies to take a hit amid falling oil prices
Stock Market

ASX 200: Oil companies to take a hit amid falling oil prices

Summary According to the ASX 200 Futures, a downtick of 0.1% could be seen at the open. US indices closed lower on Friday after the S&P 500 hit at a record high on Thursday, The dollar index rose 0.735% on Friday. The benchmark index ...

  • May 03, 2021 08:07 AM AEST
  • Aayush
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