Stock market

Mount Burgess Up 11x on ASX: Further Consolidates Nxuu Data, Naples University Publishes Kihabe Paper
August 18, 2020 04:55 PM AEST| By Team Kalkine MediaSummary Mount Burgess further consolidated Nxuu deposit drill hole data to show more clearly the continuity of mineralised domain of the deposit as known from holes drilled to date. A Paper on Mineralogy and Genesis of Kihabe Zn-Pb-V Deposit co.....

Cirralto’s ~$2.7 Million Raise to Give a Boost to Spenda Business Payments Services
August 18, 2020 04:15 PM AEST| By Team Kalkine MediaSummary Cirralto has received applications for raising $2.712 million (before costs) under a placement to investors at an issue price of A$0.01 per share. The oversubscribed placement demonstrates the investors’ understanding of Cir.....

ASX 200 Stocks with Cracking Equity Raising deals: A look at Lynas and IAG Share Price
August 18, 2020 02:38 PM AEST| By Team Kalkine MediaSummary The disruption and financial turmoil created by the COVID-19 pandemic has prompted many companies to raise capital to gain a strong capital position or liquidity. Rare Earth minerals explorer, Lynas raised ~A$425 million through institu.....

Where Are Investors Finding Value? S&P/ASX 200 All Small Ordinaries Shows Pennant Breakout
August 18, 2020 01:50 PM AEST| By Team Kalkine MediaSummary The equity market has posted some strong recovery in the last three months with many indices recovering since the onset of the June 2020 quarter. The S&P/ASX 200 has recovered ~ 40.51 per cent from the mark of 4,402.50, and while th.....

BPH Publishes Geochemical Report Findings Underlining Potential of Advent’s PEP 11 Permit
August 18, 2020 12:45 PM AEST| By Team Kalkine MediaSummary BPH has updated the market with the findings of a geochemical report that provided support to its investee Advent Energy for a well-drilling within PEP 11. The geochemical report endorses that the area encircling the planned drilling si.....

MRG Metals Continues Exploration Across Corridor Project, Begins Field Preparation for Upcoming Drilling Campaign
August 18, 2020 12:17 PM AEST| By Team Kalkine MediaSummary MRG Metals is exploring for economic deposits of heavy mineral sands (HMS) in the southern part of Mozambique and is currently focussed on the developing 13 high priority targets across the Corridor Central and Corridor South HMS portfol.....

Dark Horse Acquires Finland Gold and Sweden Tungsten Projects, Plans First Drilling Before End-2020
August 18, 2020 12:08 PM AEST| By Team Kalkine MediaSummary Dark Horse has executed permit purchase agreements (PPAs) with Sotkamo Silver AB, marking initial acquisition of the Finland Gold and Sweden Tungsten portfolio of exploration permits. Transfer of the acquired portfolio of exploration pe.....

How would your $10,000 look after one year, post buying into Mesoblast, Tyro, Whispir shares
August 17, 2020 11:35 PM AEST| By Kunal SawhneySummary Mesoblast’s Remestemcel-L (RYONCIL™) for pediatric patients with Steroid-refractory Acute Graft Versus Host disease recently receives overwhelming favour by Oncologic Drugs Advisory Committee of FDA. Tyro Payments proc.....

Why did Baby Bunting, Harvey Norman and Adacel Technologies shares move north today?
August 17, 2020 11:21 PM AEST| By Kunal SawhneySummary Although the market closed in the red zone, a few companies managed to surge on ASX, supported by their result announcements. Baby Bunting Group Limited noted an 11.8% growth in total sales at A$405.2 million and declared a fully franke.....

Is the fresh blow to banking sector bringing heavy sell-side headwinds? Lens on BEN and NAB share price
August 17, 2020 09:30 PM AEST| By Team Kalkine MediaSummary The banking sector drove down S&P/ASX200 index on 17 August with the Index 0.81% lower than its previous close. The shares of big 4 banks slid, while Bendigo and Adelaide Bank share price was down by 4.7% at $6.67 and NAB share pric.....

All Ordinaries: Kogan Share Price Takes Hit, JB Hi-Fi Delivers Jumbo Profit
August 17, 2020 05:18 PM AEST| By Team Kalkine MediaAll Ordinaries traded lower by 0.67% and settled at 6,220.0 on 17 August 2020. All sub-sectors in the S&P/ASX 200 index were in red, barring health care and utilities. Banks and blue-chip companies were also down today. As reporting season is .....

Investors like Growth Stocks; Praemium and Baby Bunting on FY20 Earnings Report Card
August 17, 2020 04:00 PM AEST| By Team Kalkine MediaSummary Despite the challenges caused by the pandemic, growth stocks such as Baby Bunting and Praemium are unstoppable, as they move forward to achieve their goals, outpacing their competitors. Of late, Baby Bunting and Praemium are garnering t.....

ASX 200 Stock 3P Learning unveiled FY20 results; Inked SIA with IXL Learning
August 17, 2020 02:02 PM AEST| By Team Kalkine MediaSummary The e-learning sector has been growing swiftly ever since the pandemic outbreak, with an uptick in the number of public and private courses being offered to advance the students' skills. Amid COVID-19, 3PL’s people and services di.....

Renascor Resources Cuts the Mustard as Siviour PSG Meets Strict Specifications of Anode Manufacturers
August 17, 2020 01:42 PM AEST| By Team Kalkine MediaFrom the standpoint of establishing a vertically integrated battery anode material operation, Australian exploration and development company Renascor Resources Limited (ASX: RNU) appears to be having major competitive advantages. The Company contin.....

Value for these ASX 200 Stocks: Sydney Airport and CBA
August 15, 2020 04:04 AM AEST| By Kunal SawhneySummary Commonwealth Bank of Australia and Sydney Airport are the key players in the S&P/ASX 200 index, and their performance has a direct impact on the index. Sydney Airport results adversely impact during the half-year with a drop of 35.9.....

Golden State Mining Reports Highly Encouraging Assay Results at Yule South Project, Further Assay Results Awaited
August 14, 2020 09:31 PM AEST| By Team Kalkine MediaSummary Golden State Mining has unveiled first pass gold hits at the Yule South project. Best intercepts at Targets 1 & 5, the first two target areas, drilled at the project included: 8m @ 0.92g/t Au from 96m incl. 4m @ 1.81 g/t Au from .....

Mesoblast Share Price Goes Berserk: Investors had a Sunny Day
August 14, 2020 07:17 PM AEST| By Team Kalkine MediaSummary Mesoblast disclosed the ODAC of the US FDA voted overwhelmingly in favour that the available data support the efficacy of remestemcel-L. Following the announcement, MSB’s share price zoomed and ended the trading session over 39% h.....

Broo Says Cheers to Beer Major CUB
August 14, 2020 06:27 PM AEST| By Team Kalkine MediaUnique Australian beer company, Broo Ltd (ASX:BEE) has signed a contract brewing agreement with CUB Pty Ltd to produce Broo Premium Lager and Australia Draught. Broo is primarily focused on the production, marketing and sale of its two beer pr.....

Earnings Report Card for ASX Stocks: PMV, FLT, AGL, QBE, GMG, AMP, BRG, WPL
August 14, 2020 04:53 PM AEST| By Team Kalkine MediaSummary Several ASX-listed companies have released their earnings report giving market players an idea about which of them struggled and which sailed through this difficult journey. Premier Retail’s impressive online sales and EBIT growth.....

GTI Resources Braces to Fast-track Exploration at Niagara (Kookynie) Gold Project
August 14, 2020 02:22 PM AEST| By Team Kalkine MediaSummary Australian mineral explorer, GTI Resources has commenced phased exploration program at the Niagara Gold Project near Kookynie, WA. Recent advancements at Niagara Project include receiving data package from July’s airborne magnetic.....

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