Stocks

Patagonia Lithium Confirms Formentera as a High-Value Lithium Brine Asset with Maiden Resource Estimate, Shares React

January 22, 2025 11:56 AM AEDT| By Team Kalkine Media

Highlights,Significant Resource Estimate:,Maiden Inferred Mineral Resource Estimate (MRE) of 3.8 million tonnes of Lithium Carbonate Equivalent (LCE), including 173,000 tonnes in free-flowing and capillary areas.,Strategic Lithium Asset:,The Formente...

Viridis Mining’s Colossus Project Redefines Rare Earth Resource Standards

January 22, 2025 11:47 AM AEDT| By Team Kalkine Media

Highlights,Global Leader in MREO Grades:,Colossus Project now boasts 493Mt @ 2,508ppm TREO and 601ppm MREO, the highest-grade and largest accumulation of MREOs in a Measured & Indicated IAC resource worldwide.,Premier REE Development Project:,Excepti...

Marquee Resources Announces Maiden Resource Estimate for Redlings Rare Earth Project

January 22, 2025 11:45 AM AEDT| By Team Kalkine Media

Highlights,Maiden MRE for Redlings Project:,The Inferred Mineral Resource is reported at,11 Mt @ 1,130 ppm TREO,, containing,12,430 tonnes of rare-earth oxides (REO),. Of this,,2,316 tonnes,are magnetic rare-earth oxides (MREO) at a grade of,211 ppm,...

Altium Acquires Part Analytics to Revolutionize Electronics Supply Chain Management

January 22, 2025 11:40 AM AEDT| By Team Kalkine Media

Highlights,Strategic Acquisition:,Altium acquires Milwaukee-based Part Analytics to integrate AI-powered supply chain management into its platform.,Expanded Capabilities:,New features will enhance Altium 365 by supporting electronics supply chain and...

Evolution Mining Shares Edge Higher on Record Quarterly Cash Flow and Solid Outlook

January 22, 2025 11:23 AM AEDT| By Team Kalkine Media

Highlights,Record Cash Flow:,Q2 operating cash flow surged 31% to AU$561 million, while net mine cash flow climbed 53% to AU$263 million.,Gold Production:,Produced 194,793 ounces of gold at an all-in sustaining cost (AISC) of AU$1,543 per ounce, belo...

Paladin Energy Shares Surge 5.8% on Quarterly Update

January 22, 2025 11:19 AM AEDT| By Team Kalkine Media

Highlights,Production Growth:,Langer Heinrich Mine (LHM) posted its highest monthly uranium production since restarting in March 2024.,Strategic Acquisition:,Completed the acquisition of Fission Uranium Corp, adding the Patterson Lake South (PLS) pro...

Beach Energy Shares Climb to 6-Month High on Strong Production and Revenue Growth

January 22, 2025 11:17 AM AEDT| By Team Kalkine Media

Highlights,Production Surge:,Q2 production rose to 5 MMboe, up from 4.3 MMboe a year ago.,Revenue Growth:,Quarterly sales revenue increased by 32% to A$563 million.,Stock Performance:,Shares gained 4.4% to A$1.540, marking a 7.2% year-to-date rise.,S...

Bubs Australia Reports Turnaround with $2.9M Positive EBITDA, Progresses Toward US FDA Approval

January 22, 2025 11:14 AM AEDT| By Team Kalkine Media

Highlights,Financial Turnaround:,Achieved $2.9 million positive EBITDA in H1 FY25, compared to a $6.8 million loss in the prior corresponding period (pcp).,Revenue Growth:,Q2 FY25 net revenue up 42% YoY to $28.7 million, with a gross profit margin of...

Which ASX telecommunication stock is over 66% higher today?

January 22, 2025 11:12 AM AEDT| By Team Kalkine Media

Highlights,EBITDA Positive Milestone:,Pentanet achieved a $1 million quarter-on-quarter (QoQ) improvement, turning a Q1 EBITDA loss of $0.4 million into a positive $0.6 million in Q2 FY25.,5G Expansion Progress:,Subscriber base increased 17% QoQ, wit...

Fortescue (ASX:FMG): Exploring the Challenges and Opportunities Ahead

January 22, 2025 11:03 AM AEDT| By Team Kalkine Media

Highlights,Fortescue (,ASX:FMG,) stock has declined over 30% in 2024, presenting potential interest.,The company diversifies into critical materials like lithium and copper for renewable energy.,Boasts a five-year average dividend yield of over 10%,...