Stocks
ASX Declines Amid Market Caution and Sector Weakness
December 06, 2024 02:49 PM AEDT| By Team Kalkine MediaHighlights,Australian stock market falls, reflecting global economic concerns,.,Iluka Resources (ILU) and Magellan Financial Group (MFG),among,the major losers,.,Utilities sector,emerges,as the only gainer, highlighting its defensive appeal,.,The Aus...
Novo Resources Secures $11.5M from San Cristobal Sale for Growth
December 06, 2024 02:47 PM AEDT| By Team Kalkine MediaHighlights,Novo Resources Corp gains $11.5 million by selling part of its San Cristobal stake,.,Proceeds,to support upcoming exploration initiatives in 2025,.,Retains,60% of San Cristobal, viewed as a strategic asset,.,Novo Resources Corp (ASX:NVO) r...
Why Are These Smallcap Stocks Charging Higher Today?
December 06, 2024 02:47 PM AEDT| By Team Kalkine MediaHighlights,EBR Systems (ASX: EBR) is up 5% after a significant FDA meeting date was confirmed.,Lotus Resources (ASX: LOT) rises 7% following a major mineral resource update.,Both stocks have generated excitement with key developments boosting investo...
Tuas Ltd (ASX: TUA) Shares Soar 120% Year-On-Year: What’s Driving the Growth?
December 06, 2024 02:44 PM AEDT| By Team Kalkine MediaHighlights,Tuas Ltd's stock has surged 120% in the last year, with shares hitting a record high of AU$6.19.,Investors are excited after the company posted strong first-quarter revenue and EBITDA growth.,Brokers maintain buy ratings, despite concerns...
Santa Rally Faces Early Setback as ASX 200 Slips Amid Global Market Trends
December 06, 2024 02:32 PM AEDT| By Team Kalkine MediaHighlights:,ASX 200 futures,indicate,a slight dip as global markets pause for key data,.,Iluka Resources (ILU) garners attention after Federal Government funding announcement,.,Commodities see mixed movement, with iron ore and gold reflecting notable...
What’s The Road Ahead For ASX Tech Shares In 2025?
December 06, 2024 02:24 PM AEDT| By Team Kalkine MediaHighlights,ASX tech shares up 49% in 2024, significantly outperforming broader market.,Experts forecast strong growth for ASX tech stocks driven by AI and digital transformation.,ETFs like BetaShares S&P/ASX Australian Technology ETF offer diversifie...
Pilbara Minerals (ASX: PLS) Shares Drop 43% in 2024, What’s the Road Ahead?
December 06, 2024 02:18 PM AEDT| By Team Kalkine MediaHighlights,Pilbara Minerals sees a dramatic drop in short interest,ASX lithium stock falls 43% in 2024 but analysts are optimistic for 2025,Short sellers may be moving on after significant price declines and a potential lithium recovery,Shares of Pil...
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...
ASX Consumer Shares Struggle to End the Week in the Green
December 06, 2024 02:13 PM AEDT| By Team Kalkine MediaHighlights,S&P/ASX 200 Index down 0.5%, headed for a weekly loss,Collins Foods shares drop 1.5% after dividend cut and profit decline,Domino’s Pizza falls 4% following downgrade and franchisee profit concerns,The S&P/ASX 200 Index has struggled to ma...
Can National Australia Bank Ltd (ASX: NAB) Deliver Fruitful Returns in 2025?
December 06, 2024 01:57 PM AEDT| By Team Kalkine MediaHighlights,NAB shares up 26% year-to-date in 2024,FY24 results show a decline in profits, but outlook for 2025 remains uncertain,UBS forecasts a potential 10% drop in NAB shares over the next year,National Australia Bank Ltd (ASX:NAB) has been experi...
Can Santos Ltd (ASX: STO) Bounce Back in FY25 After a Tough 2024?
December 06, 2024 01:55 PM AEDT| By Team Kalkine MediaHighlights,Santos shares down 12% in 2024 amid strong equity market growth,Analysts expect 10% earnings growth and a 34% potential return in FY25,Pikka and Barossa LNG projects could drive free cash flow growth,Santos Ltd (ASX:STO), an Australian oil...
Aristocrat Leisure Ltd (ASX: ALL) Shares Drop 3% After CEO Resignation
December 06, 2024 01:52 PM AEDT| By Team Kalkine MediaHighlights,Shares fall 2.9% to A$67.72, the biggest intraday drop since September 25,CEO Hector Fernandez resigns from Aristocrat Gaming to join Apollo Global’s new gaming division,Despite the drop, Aristocrat shares still up 67.5% year-to-date,Arist...
Nova Minerals Unveils High-Grade Antimony Discovery at Stibium Prospect
December 06, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights,Significant antimony-rich zone,identified,at the Stibium prospect within Nova Minerals’ Estelle Project,.,Reconnaissance rock chip samples recorded antimony grades as high as 56.7%,.,Project,prioritised,for further development, engaging wi...
GPT Group’s Five-Year Journey: Returns and Challenges
December 06, 2024 01:37 PM AEDT| By Team Kalkine MediaHighlights,GPT Group (GPT) experienced a 0.8% average annual return over five years,.,Shareholders,observed,a 15% total return over the past year,.,Dividends significantly contributed to total shareholder returns.,The GPT Group (ASX:GPT), a significa...
Adelong Gold Expands Its Portfolio with Strategic Stake in Sarama Resources
December 06, 2024 01:00 PM AEDT| By Team Kalkine MediaHighlights,Adelong Gold strengthens its asset base through a significant transaction with Cosmo Gold,.,Acquires,shares and options in Sarama Resources, boosting exposure to gold and rare earth projects,.,Transaction positions Adelong for growth in Au...
Can Hazer Group (ASX:HZR) Navigate Its Cash Burn Challenges?
December 06, 2024 12:57 PM AEDT| By Team Kalkine MediaHighlights,Hazer Group (HZR) reports a short cash runway of seven months,.,The company saw a sharp increase in cash burn by 304%,.,Revenue growth of 38% provides a positive outlook amidst challenges,.,Hazer Group (ASX:HZR), operating in the clean ene...
Adani Controversy and Its Ripple Effect on GQG Partners (ASX:GQG)
December 06, 2024 12:39 PM AEDT| By Team Kalkine MediaHighlights,GQG's investment in Adani faces backlash after allegations against Adani's leadership,.,Adani's legal challenges impact GQG’s market performance and reputation,.,Fund outflows raise concerns about the future of GQG's assets under managemen...
Dart Mining's Strategic Acquisition of Triumph Gold Project
December 06, 2024 12:37 PM AEDT| By Team Kalkine MediaHighlights,Dart Mining (DTM),acquires,Sunshine Metals' (SHN) Triumph Gold Project,.,Triumph Gold Project,located,in Queensland’s historical Norton gold field.,Acquisition includes $1 million cash and issuance of 83.3 million shares,.,Dart Mining (ASX...
White Dam Gold Project Sees Boost in Output as Sale Process Advances
December 06, 2024 12:35 PM AEDT| By Team Kalkine MediaHighlights,White Dam gold production ramps up with new heap leach material,.,GBM Resources (GBZ) strengthens working capital through rising output,.,Discussions with multiple parties ongoing for the asset's sale,.,GBM Resources (ASX:GBZ) is achieving...
CleanSpace Holdings Shares Jump 15.7% Following CEO Appointment Announcement
December 06, 2024 12:04 PM AEDT| By Team Kalkine MediaHighlights,Share Price Surge:,CleanSpace Holdings climbed 15.7% to 40.5 cents during morning trading on Friday.,New CEO Announcement:,Gabrielle O’Carroll, a seasoned executive with 18 years at 3M, will assume the role of CEO starting January 1, 2025....
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