Stocks
Percheron Therapeutics Expands US Market Presence with OTCQB Uplisting
December 03, 2024 11:04 AM AEDT| By Team Kalkine MediaHighlights,Percheron Therapeutics uplisted its shares to the OTCQB,market..,American Depository Receipt (ADR) program,terminated,to streamline US trading,.,The uplisting aligns with Australian compliance standards, ensuring efficiency,.,Australian bi...
What’s Driving Core Energy Minerals’ Strategic Push in Uranium Exploration?
December 03, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Core Energy Minerals raises significant capital through a two-tranche placement, enhancing exploration efforts.,Leadership team brings substantial experience from previous ventures, supporting strategic growth.,Exploration initiatives are...
Qantas Airways Limited (ASX: QAN) Soars 8.5% in November, What Drove the Rally?
December 02, 2024 06:27 PM AEDT| By Team Kalkine MediaKey Highlights:,Qantas shares climb to AU,$8.77,, with a peak of AU,$9.05,during the month.,The airline's stock has surged over 60% since the beginning of 2024, recovering from a low in March.,Morgan Stanley issues a positive broker note with a,$10.5...
S&P/ASX 200 Index (ASX: XJO) Closes the Week with Modest Gain; Findi Ltd, GQG Partners, and Netwealth Struggle
December 02, 2024 06:18 PM AEDT| By Team Kalkine MediaKey Highlights:,S&P/ASX 200 Up 0.2%,: The index starts the week with a small gain, reaching 8,451.7 points.,Findi Ltd Falls 10%,: Shares drop following mixed half-year results and concerns over full-year guidance.,GQG Partners Drops 12%,: Volatility...
Australian Stock Market Overview: Miners Stay Afloat, Iron Ore Miners Gain Amid Global Concerns
December 02, 2024 05:59 PM AEDT| By Team Kalkine MediaKey Highlights:,Iron Ore Miners Lead,: BHP and Rio Tinto show resilience despite global concerns over US tariffs on China.,Gold Stocks Decline,: Gold miners see losses as bullion prices dip, with De Grey Mining bucking the trend.,NZ Benchmark Gains,:...
Zip Co Ltd (ASX: ZIP) Continues Surge with 13% Gain in November, Outperforming ASX 200
December 02, 2024 05:56 PM AEDT| By Team Kalkine MediaKey Highlights:,Zip Co’s share price up 450% since January, turning $1,000 into $5,500.,Impressive earnings and 43.9% growth in US revenue drive investor optimism.,UBS and Ord Minnett raise price targets, signaling further upside potential.,Zip Co Lt...
Metcash (ASX: MTS) Closes Green on Monday Driven by Healthy Half-Year Results Amid Sales Growth
December 02, 2024 05:54 PM AEDT| By Team Kalkine MediaKey Highlights:,Metcash sees a notable 5% gain, reaching A$3.275, marking its highest point since October 24.,Reports HY NPAT of A$134.6 million, exceeding forecasts, with strong EBIT and sales growth.,Group sales up 8% in the first four weeks of H2,...
Alan Oster to Retire as NAB’s Chief Economist After Three Decades
December 02, 2024 04:26 PM AEDT| By Team Kalkine MediaHighlights,Alan Oster announces retirement as NAB's chief economist after over three decades.,Sally Auld to succeed Oster as chief economist at (NAB).,Oster reflects on his career, including analyzing the economic impact of the pandemic.,Alan Oster,...
S&P/ASX 200 Index Rises, Two Smallcap ASX Shares Reap Gains
December 02, 2024 03:54 PM AEDT| By Team Kalkine MediaHighlights:,4DMedical Ltd (ASX: 4DX),: Shares rise 7.5% to 49.5 cents after signing a significant commercial contract with Perth Radiological Clinics.,Select Harvests Ltd (ASX: SHV),: Shares climb 10% to $4.07 following an upgraded price target from...
Centuria Industrial REIT (ASX: CIP) Falls 30% Since 2021
December 02, 2024 03:50 PM AEDT| By Team Kalkine MediaHighlights:,Despite a 30% drop in share price since December 2021, Centuria Industrial REIT offers a solid 5.5% distribution yield in FY25, with a potential upside to 6%.,With an occupancy rate of 97.1% and high-quality tenants such as Telstra and Wo...
Woodside (ASX: WDS) Shows Resilience, Ending November with Positive Performance Amid Challenges
December 02, 2024 03:47 PM AEDT| By Team Kalkine MediaHighlights:,After a tough October, Woodside’s share price rose 3.1% in November, outperforming its previous performance and showing resilience.,Despite global oil prices remaining steady, Woodside faced challenges in 2024, with oil prices starting th...
Telstra (ASX: TLS) Shares Surge on Acquisition of Boost Mobile Brand
December 02, 2024 03:14 PM AEDT| By Team Kalkine MediaHighlights:,Telstra (ASX: TLS) signs a deal to acquire the Boost Mobile brand for a reported $100 million-plus.,Telstra shares rise by 0.63%, indicating positive market sentiment around the deal.,The acquisition strengthens Telstra's position in the...
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...
Steadfast Group (ASX: SDF) Shows Healthy Financials Despite Recent Stock Dip
December 02, 2024 03:08 PM AEDT| By Team Kalkine MediaHighlights:,Despite a 10% stock decline, Steadfast Group (ASX: SDF) boasts a strong return on equity (ROE) of 11%, contributing to impressive net income growth.,The company has achieved a 34% increase in net income over the past five years, outperfor...
Avicursen Trial Milestone Approaches for Duchenne Muscular Dystrophy
December 02, 2024 03:08 PM AEDT| By Team Kalkine MediaHighlights,Percheron Therapeutics (PER) gears up for key trial data announcement on,avicursen,.,Data focuses on Duchenne muscular dystrophy, an inherited degenerative muscle condition,.,Full data release scheduled for mid-December, assessing six-mont...
Northern Star Expands Portfolio with De Grey Mining Acquisition
December 02, 2024 03:06 PM AEDT| By Team Kalkine MediaHighlights,Northern Star (NST) to,acquire,De Grey Mining (DEG) under a scheme of arrangement,.,The acquisition includes the Hemi gold project, a large-scale gold development in Western Australia,.,The combined entity’s gold production is set to grow...
European Lithium (ASX:EUR) Fast-Tracks Wolfsberg Lithium Project in Austria
December 02, 2024 02:50 PM AEDT| By Team Kalkine MediaHighlights,European Lithium’s Wolfsberg Project exempted from EIA,,expediting,its progress.,Critical Metals Corp advances as a European lithium-ion battery supply chain key player.,Strategic investments reinforce European Lithium’s critical minerals...
Lithium and Uranium Sectors See Dynamic Short-Selling Trends
December 02, 2024 02:49 PM AEDT| By Team Kalkine MediaHighlights,Pilbara Minerals shifts focus as short-selling interest declines,.,Uranium sector stocks Paladin Energy and Boss Energy now targeted,.,Lithium and uranium prices impact stock movements significantly,.,The Australian Securities Exchange (AS...
Larvotto Resources Advances Hillgrove Project with Antimony Offtake Agreement
December 02, 2024 02:45 PM AEDT| By Team Kalkine MediaHighlights,Larvotto,Resources (LRV) signs an offtake agreement for antimony,concentrate,from the Hillgrove Project,.,The agreement is supported by a significant prepayment facility to enhance ongoing development and exploration,.,Hillgrove Project ta...
Northern Star Resources (ASX: NST) to Acquire De Grey Mining: A Strategic Move in WA's Gold Sector
December 02, 2024 02:45 PM AEDT| By Team Kalkine MediaHighlights:,Northern Star Resources (ASX: NST) to acquire De Grey Mining (ASX: DEG) for approximately $5 billion, expanding its operations to four production centres.,Acquisition includes De Grey’s flagship Hemi project, one of the world’s largest un...
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