The Australian share markets are looking to end the week on a positive note with better outlook from shares in the US. Other than the positive note on the end of the week there are companies that offer better investment returns than other based on their strong position and better outcomes. Let’s look at five such stocks today.
AUSTRALIAN MINES LIMITED (ASX: AUZ) – The company is delighted to announce about the company’s research and development (R&D) expenditure during the 2017-18 financial year it has received a rebate from the Australian Taxation Office of $1,911,075. To encourage companies to engage in R&D helping Australia, the R&D tax incentive is a program run by the ACG, by providing a tax offset for eligible R&D activities. The stock price of the company is $0.044 and traded flat as at Jan 18, 2019. The stock of Australia mines has seen a performance change of 10.00% in the past three months.
AUS TIN MINING LTD (ASX: ANW) – The company provides updates on construction of tailings storage facility accomplished and resumption of processing operations at Granville Tin Project. Most recent drill core at Pembroke Ni/Cu/Co Prospect, potential nickel and copper sulfides and native copper logged in. At the Granville Tin Project, the lining of the new Tailings Storage Facility has now finished, and the base of the dam is in the process of being covered with a protective layer of re?processed tailings. The stock price of the company is $0.015 and traded lower as at Jan 18, 2019. The stock of Australia mines has seen a performance change of 38.46% in the past twelve months.
THE A2 MILK COMPANY LIMITED (ASX: A2M) – Within the senior leadership team of the company, the a2 Milk company is delighted to advise the forming of two new positions, Melanie joins the company with substantial and diverse experience across a range of consumer-driven industries. Reporting directly to the Managing Director & CEO Phil Rybinski has been appointed to the role of Chief Technical Officer, effective from April 2019, Phil brings to the Company over 30 years’ experience in the dairy industry. The stock price of the company is $11.750 and traded lower as at Jan 18, 2019. The stock of A2M has seen a performance change of 55.79% in the past three months.
PILBARA MINERALS LIMITED (ASX: PLS) – Achieving a consistent run rate of 270tph, process plant data performance the company continues to exceed expectations during production ramp-up. Customer financing underpins funding package for $231M expansion. For battery manufacturers, lithium hydroxide will become the desirable product presenting a significant opportunity for hard rock lithium projects. The stock price of the company is $0.710 and traded lower as at Jan 18, 2019. The stock of PLS has seen a performance change of -33.33% in the past twelve months. The market cap as at January 18, 2019, of the company, is at $1.74 billion.
CLEAN TEQ HOLDINGS LIMITED (ASX: CLQ) – The company’s sunrise project engineering and design underway and the company recently signed Formal Front-end-engineering and Design (FEED) contract with MCC. The stock price of the company is $0.475 which is close to its 52-week low and traded lower as at Jan 18, 2019. The stock of CLQ has seen a performance change of -68.15% in the past twelve months and the total traded shares for the day were 2,909,511. Prior to FID in 2019, the company remains confident of delivering a project financing solution. The market capitalization of the company as of January 18, 2019, at the current price, is $373.16 million.
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