Stocks
Proteomics International Shares Surge Nearly 20% on Monday. Here's Why.
December 30, 2024 01:23 PM AEDT| By Team Kalkine MediaHighlights,Proteomics International Laboratories unveils PromarkerEndo blood test, capable of diagnosing all stages of endometriosis with high accuracy.,The test’s breakthrough results, published in,Human Reproduction,, could revolutionize diagnosis,...
Aurum Resources Announces Maiden 1.59Moz Gold Resource at Boundiali Project, Shares Rise 3%
December 30, 2024 01:21 PM AEDT| By Team Kalkine MediaHighlights,Aurum Resources reports a maiden JORC-compliant Mineral Resource Estimate (MRE) of 1.59 million ounces of gold at its Boundiali Gold Project in Côte d’Ivoire.,The company plans 100,000 meters of drilling in 2025 to expand resources, with m...
Australian Shares Slip Amid Thin Year-End Trading
December 30, 2024 11:46 AM AEDT| By Sonal GoyalHighlights,Australian stocks dip 0.5% on weaker banks and miners, ending a three-day rally.,Reserve Bank of Australia (RBA) expected to start rate cuts in early 2025.,Energy stocks shine with oil prices surging amid U.S. crude inventory drawdowns.,Th...
Goodman Group Surges Over 45% in 2024, Fueled by AI-Driven Data Centre Demand
December 30, 2024 11:43 AM AEDT| By Team Kalkine MediaHighlights,Goodman Group's stock rises over 45% in 2024, its best performance since 2006.,Data centres now make up 42% of Goodman’s AU$12.8 billion development pipeline.,Australia's data-centre market sees booming investment, led by global hyperscale...
Pro Medicus Scores Fourth Major Contract in a Month, Shares Edge Higher
December 30, 2024 11:37 AM AEDT| By Team Kalkine MediaHighlights,Pro Medicus secures a $15 million, five-year contract with Duke University Health System.,This marks the company’s fourth significant deal in just over a month, building on prior multi-million dollar agreements.,The deal expands Pro Medicu...
Top Gold and Mineral Stocks to Watch: Key Developments in Mining
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Maximus Resources and Astral Resources explore a merger in Western Australia's gold mining region.,- Bowen Coking Coal reports record sales from its Burton Complex.,- African Gold uncovers high-grade gold veins at Didievi Project.,Recent...
Wesfarmers’ Strong Financials Reflect Promising Growth Potential (ASX:WES)
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Wesfarmers (WES) demonstrates consistent high returns on capital.,- The company’s reinvestment strategy supports long-term growth.,- Shareholders have seen substantial gains over the years.,Wesfarmers (ASX:WES) has captured the attention...
Astral Resources Targets Expansion with Maximus Resources Acquisition
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Astral Resources (AAR) aims to acquire Maximus Resources (MXR).,- Proposed deal could result in a 1.8-million-ounce gold resource inventory.,- Maximus board progressing with due diligence and exclusive negotiations.,Astral Resources (ASX...
Northern Star Resources (ASX:NST): Exploring Elevated Valuations and Growth Prospects
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Northern Star Resources (NST) has a price-to-earnings ratio higher than the Australian market average.,- Earnings growth outpaces peers, supporting the elevated valuation.,- Analysts forecast strong earnings growth for the next three yea...
Top AI Stocks Poised for Growth in 2025 Under $200
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Alphabet:,A leader in integrating AI across core products and services, offering innovation at scale.,Qualcomm:,Pioneering on-device AI and automotive advancements, with strong growth potential in multiple sectors.,Taiwan Semiconductor Man...
Betmakers Technology Group (ASX:BET): Aiming for Profitability in a Thriving Sector
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Betmakers Technology Group (BET) focuses on B2B wagering software and analytics.,- Analysts forecast profitability by 2027 with significant growth expectations.,- The company operates debt-free, supported by shareholder funding.,Betmaker...
Kazakhstan Greenlights Sarytogan Graphite Project with 25-Year Mining Licence
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Sarytogan Graphite (SGA) secures a 25-year mining licence for its Kazakhstan project.,- The licence includes a 20-year extension option, paving the way for project development.,- Feasibility studies and sample processing are set to advan...
Institutional Ownership and Insights into ARB Corporation Limited (ASX:ARB)
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Institutions hold a significant 49% stake in ARB Corporation Limited (ARB).,- The company's strong performance has delivered long-term gains to its shareholders.,- Insider ownership signals alignment with broader shareholder interests.,I...
Australian Energy Stocks Climb Amid Strong Coal and Uranium Performances
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Australian energy stocks witnessed gains led by coal, uranium, and oil companies.,- Drilling activities and resource exploration buoyed several leading companies.,- The energy sector outperformed the broader market on a mixed trading day...
Extended Review Timeline for SkyCity Adelaide: What’s Next?
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Extension granted for the independent review of SkyCity Adelaide operations.,- Justice Brian Martin’s report now expected by May 2025.,- Uncertainty surrounds the review's findings and potential implications.,The Liquor and Gambling Comm...
Strike Energy Wraps Up 2024 with Promising Results at Walyering East-1
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Strike Energy (STX) completes evaluation at Walyering East-1 well.,- Independent assessment indicates strong gas potential in key zones.,- Production testing scheduled for further exploration in 2024.,Strike Energy (ASX:STX) concluded 20...
Pro Medicus (ASX:PME) Expands North American Reach with Duke University Deal
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Pro Medicus (PME) secures a $15 million deal with Duke University Health System.,- The agreement extends Pro Medicus’ cloud-based imaging services through Visage 7 Open Archive.,- The Visage 7 Viewer contract has been extended to 2029.,P...
Astral Resources Eyes Maximus Resources in Strategic Move to Expand Gold Inventory
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Astral Resources (AAR) proposes acquisition of Maximus Resources (MXR).,- Combined gold inventory estimated at 1.8 million ounces.,- Maximus shares see significant trading activity following the proposal.,Astral Resources (ASX:AAR) has a...
Astral Resources Eyes Strategic Growth with Maximus Resources Takeover Bid
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Astral Resources proposes a takeover bid to Maximus Resources for expansion in the Eastern Goldfields.,- The deal aims to create a stronger Kambalda gold miner with a robust resource base.,- Astral acquires a significant stake in Maximus...
Unearthing the Financial Story of Lynas Rare Earths (ASX:LYC): What Does ROCE Reveal?
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Lynas Rare Earths (LYC) shows a declining return on capital over recent years.,- Current ROCE performance is below the industry average in the metals and mining sector.,- Revenue trends have not aligned with increased capital investments...
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