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Uranium Stocks Gain Momentum Amid Cost Analysis of Nuclear Energy
December 13, 2024 01:18 PM AEDT| By Team Kalkine MediaHighlights,Uranium stocks advanced following nuclear energy cost analysis,.,Energy sector showed resilience amid broader ASX losses,.,Coalition's,nuclear plan sparked mixed reactions from analysts.,Uranium miners on the ASX witnessed gains following...
Lanthanein Resources Embarks on Diamond Drilling at Lady Grey Gold Prospect
December 13, 2024 01:13 PM AEDT| By Team Kalkine MediaHighlights,Lanthanein,Resources (LNR) begins diamond drilling at Lady Grey, Mt Holland.,The site is,adjacent to,the historic Bounty Gold Mine.,Drilling focuses on testing a conductor plate beneath an EM survey line.,Lanthanein Resources (ASX:LNR) has...
Cyprium Metals Targets Capital Raise for Nifty Copper Complex Development
December 13, 2024 01:11 PM AEDT| By Team Kalkine MediaHighlights,Cyprium,Metals (CYM) to raise funds through a two-tranche placement,.,Proceeds,to support redevelopment of the Nifty Copper Complex,.,Cornerstone investors and directors strongly back the initiative,.,Cyprium Metals (ASX:CYM) has announced...
Iress Ltd (ASX: IRE) Shares Surge 8% After Upbeat FY24 Guidance Update
December 13, 2024 12:52 PM AEDT| By Team Kalkine MediaHighlights,Iress shares jump 8%, with expectations of hitting the top end of FY24 guidance.,Company’s transformation program shows results, positioning Iress for future growth and dividends.,S&P/ASX 200 Index falls 0.7%, contrasting with Iress’ posit...
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Gold Stocks Decline as Prices Retreat from Recent Highs
December 13, 2024 12:51 PM AEDT| By Team Kalkine MediaHighlights,Gold mining stocks saw significant declines on the ASX as gold prices retreated,.,Materials sector,emerged,as the worst performer, dragging the ASX 200 lower,.,Traders adjusted positions ahead of key U.S. Federal Reserve announcements,.,Go...
Vulcan Energy Resources Ltd (ASX: VUL) Shares Fall 12% After €100 Million Placement Completion
December 13, 2024 12:49 PM AEDT| By Team Kalkine MediaHighlights,Vulcan shares drop 12% after completing €100 million institutional placement at a discount.,Company plans to raise an additional €12.2 million via a share purchase plan.,Despite the drop, Vulcan’s stock is up 180% year-to-date in 2024.,Vul...
Metcash Ltd (ASX: MTS) Shares Drop 4% After Going Ex-Dividend
December 13, 2024 12:43 PM AEDT| By Team Kalkine MediaHighlights,Metcash shares down 4% after going ex-dividend this morning.,Company posts a 5.5% decline in underlying profit for half-year results.,Despite the drop, eligible shareholders will receive a fully franked dividend of 8.5 cents.,Metcash Ltd (...
Resolute Mining Faces New Tax Landscape in Mali Amid Settlement Finalization
December 13, 2024 12:42 PM AEDT| By Team Kalkine MediaHighlights,Resolute Mining transitions to Mali's 2023 Mining Code,,impacting,tax obligations,.,The company confirms its final settlement payment to the Mali government by December,.,Leadership adjustments announced as CEO takes temporary leave,.,Reso...
NoviqTech's Strategic Expansion into Blockchain and Hedera Ecosystem
December 13, 2024 12:40 PM AEDT| By Team Kalkine MediaHighlights,NoviqTech,(NVQ) expands its investment in Hedera's HBAR tokens to enhance blockchain applications,.,Strategic funding bolsters development of blockchain-powered solutions, including,NoviqAI,.,Focus on supply chain traceability, ESG complia...
Nova Eye Medical (ASX:EYE) Positioned for a Profitable Turnaround
December 13, 2024 12:38 PM AEDT| By Team Kalkine MediaHighlights,Nova Eye Medical (EYE) is targeting profitability within a short timeframe,.,Analysts predict significant growth for the glaucoma treatment innovator,.,The company,operates,debt-free, reducing financial risk,.,Nova Eye Medical (ASX:EYE), a...
Mako Gold Welcomes New Leadership as Aurum Takes Controlling Stake
December 13, 2024 11:53 AM AEDT| By Team Kalkine MediaHighlights,Mako Gold announces board reshuffle following Aurum's 70% interest,.,Key appointments bring extensive mining and financial expertise,.,Eligible shareholders reminded about the takeover offer deadline,.,Mako Gold (ASX:MKG) has undertaken a...
ClearView Wealth (ASX:CVW) Shares Balance EPS Growth with Revenue Challenges
December 13, 2024 11:51 AM AEDT| By Team Kalkine MediaHighlights,ClearView Wealth (CVW) shares recently rebounded,.,EPS growth and dividends contrast with declining revenue,.,Total Shareholder Return (TSR) reflects mixed market trends,.,ClearView Wealth (ASX:CVW) has captured attention with a 12% share...
Legal Challenges Weigh on Evolution Mining Shares
December 13, 2024 11:43 AM AEDT| By Team Kalkine MediaHighlights,Evolution Mining (EVN) shares decline amidst legal challenges,.,Class action filed over alleged misleading conduct in Red Lake operations,.,Company vows to defend its position against the allegations,.,Evolution Mining (ASX:EVN), a promine...
Vulcan Energy Shares Decline Amid Capital Raise and Funding Approval
December 13, 2024 11:41 AM AEDT| By Team Kalkine MediaHighlights,Vulcan Energy's shares declined after a capital raise announcement,.,The company secured significant funding for its Lionheart project,.,The project aims to integrate renewable energy and lithium production in Germany,.,Shares of Vulcan En...
Technology One (ASX:TNE): Share Price Trends and Underlying Growth
December 13, 2024 11:40 AM AEDT| By Team Kalkine MediaHighlights,Technology One (TNE) records significant growth over the past five years despite recent declines,.,Share price trends surpass earnings growth,,indicating,strong market sentiment,.,Total shareholder returns boosted by dividend contributions...
Maximus Resources Completes Extensive 2024 Drilling Campaign Across Projects
December 13, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,Maximus Resources completed,16,000,metres,of drilling in the 2024 season,.,Shallow gold and lithium results highlight project potential in Western Australia,.,Updated resource estimates and development,plans progressing,for gold deposits,....
Rio Tinto Ltd (ASX: RIO) Share Price Falls Despite US$2.5 Billion Lithium Investment Announcement
December 13, 2024 11:37 AM AEDT| By Team Kalkine MediaHighlights,Rio Tinto’s share price drops 2.5% after weakness in the mining sector offsets lithium news.,The company announces a US$2.5 billion expansion of its Rincon lithium project in Argentina.,Despite the announcement, Rio Tinto's stock has falle...
Zicom Group (ASX:ZGL): Improving Efficiency Despite Challenges
December 13, 2024 11:36 AM AEDT| By Team Kalkine MediaHighlights,Zicom,Group (ZGL) shows promising improvements in its Return on Capital Employed (ROCE).,Capital employed has,remained,steady, while ROCE has significantly increased over the last five years,.,High current liabilities present a potential r...
GPT Group (ASX:GPT) Partners with Perron to Acquire Perth Retail Assets, Stock Dips Slightly
December 13, 2024 11:33 AM AEDT| By Team Kalkine MediaHighlights,GPT's share price dips 0.2% as it announces new retail partnership with Perron.,Stock maintains a 2.0% gain since last year, offering a 5.4% trailing dividend yield.,Acquiring 50% stake in two Perth shopping centers valued at A$482 million...
Bain Capital's Non-Binding Takeover Proposal for Insignia Financial (ASX: IFL) Valued at A$2.67 Billion
December 13, 2024 11:30 AM AEDT| By Team Kalkine MediaHighlights,Bain Capital offers A$4.00 per share for Insignia, 17.6% premium over market price.,Insignia’s wealth management services valued at A$2.67 billion in takeover offer.,Stock price surged over 10% following takeover proposal media reports.,In...
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