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Midcap
Why Are These Midcap Stocks Falling Today?
December 06, 2024 02:16 PM AEDT| By Team Kalkine MediaHighlights,Iluka Resources down nearly 10% after raising cash contribution for rare earths project,Zip Co falls 6% amid profit-taking, despite bullish outlook from analysts,Investors showing caution, causing midcap stocks to lose ground today,It’s be...
NewPeak Metals’ Strategic Transition: Vanadium Acquisition in Queensland
December 05, 2024 11:26 AM AEDT| By Team Kalkine MediaHighlights:,Vanadium Expansion,:,NewPeak,Metals (,ASX:NPM,) has,acquired,the,Allaru,Vanadium Project in Queensland, which boasts an inferred mineral resource estimate (MRE) of 710 million tonnes of vanadium.,Critical Minerals Focus,:,The company has...
Why is De Grey Mining (ASX: DEG) Making Headlines Today?
December 02, 2024 03:11 PM AEDT| By Team Kalkine MediaHighlights:,De Grey Mining jumps 29.4% on a A$5 billion acquisition offer from Northern Star Resources (NST.AX).,Northern Star’s A$2.08 offer per share represents a 36.8% premium to De Grey’s Friday closing price.,De Grey’s share price surges, while...
Why are these midcap stocks charging higher today?
November 22, 2024 03:09 PM AEDT| By Team Kalkine MediaHighlights:,A2 Milk,: Shares jump 17% after revenue upgrade and new dividend policy announcement.,GQG Partners,: Shares recover 10% after Goldman Sachs reaffirms buy rating.,Mineral Resources,: Stock rises 3% following a broker upgrade to neutral.,Th...
What’s Behind Share Price Rally of Australia’s Sims Ltd (ASX:SGM)?
September 20, 2024 01:09 PM AEST| By Team Kalkine MediaSims Ltd (ASX:SGM) has seen its stock price rise as much as 2.3%, reaching AU$12.68 and marking its highest level since April 4. This positive movement follows a series of upward revisions by Macquarie, which has increased its earnings estimates for...
Lendlease Group (ASX:LLC) Completes Sale of US East Coast Construction Operations
September 16, 2024 01:29 PM AEST| By Team Kalkine MediaLendlease Group (ASX:LLC) has announced a significant move in its strategic restructuring by completing the sale of its US East Coast construction operations. The transaction, finalized with US-based construction firm Consigli Building Group, marks a...
Swift Networks (ASX:SW1) Shares Surge 7.1% on AU$667,000 Contract with Iluka Resources
September 12, 2024 11:34 AM AEST| By Team Kalkine MediaShares of Swift Networks Group (ASX:SW1) have risen by as much as 7.1% to AAU$0.015, marking their highest level since August 27. This notable increase follows the announcement of a significant contract win that has rekindled investor interest in the...
Brickworks (ASX:BKW) Shares Plunge 3.2% Amid AU$82 Million Impairment Charge
September 12, 2024 11:12 AM AEST| By Team Kalkine MediaShares of Brickworks Limited (ASX:BKW) dropped by as much as 3.2% to A$25.22 on Thursday, marking their lowest level since December 13, 2023. This decline represents the stock's most significant intraday percentage fall since August 13. The sharp dro...
Great Boulder Uncovers New Gold Intercepts North of Mulga Bill in Meekatharra, WA
September 03, 2024 10:55 AM AEST| By Team Kalkine MediaGreat Boulder Resources Limited (ASX:GBR) has announced promising results from its latest reverse circulation (RC) drilling program, revealing fresh gold intercepts to the north of the known mineralization at Mulga Bill in Meekatharra, Western Austra...
Downer EDI (ASX:DOW) Shares Surge to New High Following Strong Earnings Report
September 02, 2024 02:03 PM AEST| By Team Kalkine MediaShares of ASX-listed Downer EDI (ASX:DOW) surged by as much as 5.1% on Monday, reaching AU$5.88, their highest price since May 2022. This uptick follows the company's release of its fiscal year 2024 (FY24) earnings report, which exceeded market expec...
ASX Shares Surge as Benchmark Index Shows Positive Momentum
August 30, 2024 02:58 PM AEST| By Team Kalkine MediaAs the S&P/ASX 200 Index recovers and climbs 0.3% to 8,070.7 points, several ASX shares are notably outperforming the market this Friday. Here’s a look at two standout performers driving the index higher:,Downer EDI Ltd (ASX:DOW),Downer EDI’s share p...
Infini Resources Pushes Forward with Soil Sampling at Portland Creek Amid Significant Uranium Discovery
August 29, 2024 10:21 AM AEST| By Team Kalkine MediaInfini Resources Ltd (ASX:I88),continues its exploration activities at the Portland Creek project in Newfoundland, Canada. The company recently announced that soil sampling is ongoing, adding momentum to its recent discovery of potentially high-grade...
Indiana Resources Ltd Uncovers Parallel Mineralisation Zone at Minos, High-Grade Gold Intercepts
August 29, 2024 10:07 AM AEST| By Team Kalkine MediaIndiana Resources Ltd (ASX: IDA),has achieved notable success in its exploration activities at the Minos prospect within the Lake Labyrinth Shear Zone (LLSZ) in South Australia's Gawler Craton. The company recently announced the discovery of a parall...
Flight Centre's (ASX:FLT) Profits and Dividends Surge in FY 2024
August 28, 2024 02:13 PM AEST| By Team Kalkine MediaFlight Centre Travel Group Ltd (ASX:FLT) is experiencing a notable surge in its share price, which has climbed nearly 4% to AU$20.06 on Wednesday. This upward trend follows the release of the company's impressive financial results for the fiscal year...
Telix Pharmaceuticals (ASX:TLX) Secures Fast Track Status from US FDA for Brain Cancer Imaging Agent Pixclara
August 28, 2024 10:30 AM AEST| By Team Kalkine MediaTelix Pharmaceuticals (ASX: TLX) has achieved a significant milestone by securing fast track status from the US Food and Drug Administration (FDA) for its PET-scan imaging agent, Pixclara. This agent is designed to enhance the detection and character...
Zip Co Ltd (ASX: ZIP) Reports Impressive Earnings Growth for FY24 Despite Share Price Decline
August 27, 2024 02:21 PM AEST| By Team Kalkine MediaZip Co Ltd (ASX: ZIP) has unveiled a remarkable performance for the fiscal year 2024, showcasing a substantial 243% increase in earnings before tax, depreciation, and amortisation (EBITDA). This strong financial outcome, driven by notable growth in t...
Qantas Airways (ASX:QAN) Shares Soar as FY24 Results Anticipated
August 22, 2024 05:11 PM AEST| By Team Kalkine MediaQantas Airways Limited (ASX:QAN) has seen its shares soar by 16% since the beginning of 2024, significantly outperforming the broader market's returns over the same period. This impressive growth reflects strong investor confidence ahead of the airli...
Fletcher Building (ASX:FBU) Shares Slide 2% Following Flat FY24 Results and Net Loss
August 21, 2024 03:03 PM AEST| By Team Kalkine MediaShares in Fletcher Building Ltd (ASX:FBU) have fallen more than 2% to AU$3.02 today, amid a broader market decline where the S&P/ASX 200 Index (ASX: XJO) is down by 0.46%. The ASX 200 building stock’s dip comes in response to the company’s flat FY24...
GPT Group’s (ASX:GPT) Stock Climbs 3% on H1 Performance Despite Valuation Declines
August 19, 2024 03:10 PM AEST| By Team Kalkine MediaShares of GPT Group Ltd (ASX:GPT) have surged to a new yearly high on Monday morning, trading 3% higher at AU$4.82 per share. This rise surpasses the previous 52-week high of AU$4.73, driven by the company's robust interim results for the six months...
BlueScope Steel’s (ASX:BSL) FY24 Profits Fall Short, Shares Slide Despite Increased Dividends
August 19, 2024 02:30 PM AEST| By Team Kalkine MediaBlueScope Steel Ltd (ASX: BSL) is experiencing notable selling pressure today, with its share price slipping to AU$19.74, down 3.4% from Friday’s close of AU$20.52. This decline comes as the company’s FY 2024 financial results fall short of market ex...
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