Stocks
Hastings Technology Metals (ASX:HAS) Nears Breakeven Amid Growth Projections and Debt Concerns
November 22, 2024 04:46 PM AEDT| By Team Kalkine MediaHighlights,Path to Profitability:,Analysts forecast Hastings Technology Metals to reach breakeven by 2026 with an annual growth target of 13%.,Financial Status:,The company reported a loss of AU$34 million for FY2024, with a market cap of AU$48 milli...
Holiday Season Warning: Cybersecurity Risks in Australia’s Consumer Discretionary Sector Exposed
November 22, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights,Consumer Discretionary Sector Vulnerable:,ASX 200 report ranks the sector as second-worst in cybersecurity readiness, with Webjet and JB Hi-Fi among those at risk.,Widespread Website Weaknesses:,All companies in the sector showed website v...
Gold Gains Momentum Amid Heightened Geopolitical Tensions
November 22, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights,Gold prices experience strong weekly gains due to geopolitical tensions.,Bitcoin's rise adds to the dynamic market environment.,US interest rate outlook and geopolitical risks influence investor sentiment.,Gold prices are on track for thei...
Adore Beauty Plans National Expansion with Over 25 New Stores
November 22, 2024 04:39 PM AEDT| By Team Kalkine MediaHighlights,Adore Beauty aims to,establish,over 25 physical stores across Australia,.,The company targets higher sales growth and improved margins,.,Expansion includes a focus on premium metro and regional locations,.,Adore Beauty (ASX:ABY), a promine...
Alcidion Secures Major Deal with Peninsula Health for Miya Precision Platform
November 22, 2024 03:51 PM AEDT| By Team Kalkine MediaHighlights,Alcidion,signs a five-year contract with Peninsula Health.,Miya Precision platform to enhance patient data management and hospital operations.,Advanced technology aims to reduce administrative workload on hospital staff.,Alcidion (ASX:ALC)...
Tech Weakness Drags Hang Seng as ASX 200 and Nikkei Push Higher
November 22, 2024 03:44 PM AEDT| By Team Kalkine MediaHighlights:,Hang Seng dips as (HK:9888) declines sharply.,ASX 200 gains led by resource stocks such as BHP.,Nikkei edges up, supported by strength in exporters like (TYO:7203).,Asian equity markets saw mixed movements as the Hang Seng Index experienc...
Maximus Resources Confirms High Gold Recovery at Eagles Nest Deposit
November 22, 2024 03:42 PM AEDT| By Team Kalkine MediaHighlights,Maximus Resources confirms 92% gold recovery from Eagles Nest deposit.,Gold resource estimated at 42,500 ounces with exploration upside along untested strike.,Development studies and drilling planned to refine resource classification and r...
Kogan.com (ASX:KGN) Faces Shareholder Backlash Amid Trading Update
November 22, 2024 03:40 PM AEDT| By Team Kalkine MediaHighlights,Shareholders raise concerns over executive payouts at Kogan.com,.,Director James,Spenceley,faces opposition in re-election vote,.,Trading update reveals promising growth in sales for the online retailer,.,Kogan.com (ASX:KGN) experienced si...
Australian Gold Stocks .AXGD Rise 1.1% to Highest Level Since Nov 8 Amid Safe-Haven Demand
November 22, 2024 03:23 PM AEDT| By Team Kalkine MediaHighlights:,AXGD Sub-Index: Up 8.3% for the week, marking its best performance since mid-October.,Gold Prices: Gold holds steady, boosted by safe-haven demand due to rising geopolitical tensions.,Northern Star & Evolution Mining: Shares climb 1.5% an...
Why are these Mining Stocks on the Downfall Today?
November 22, 2024 03:16 PM AEDT| By Team Kalkine MediaHighlights:,Pilbara Minerals: Shares fall 3%, marking an 11% decline for the week.,Vysarn: Shares down 10% after disappointing AGM update and earnings forecast.,Market Performance: The S&P/ASX 200 continues to gain while these stocks face challenges....
WiseTech Global Ltd (ASX: WTC) Shares Slump 19% After Profit Forecast Cut Amid Scandal Impact
November 22, 2024 03:12 PM AEDT| By Team Kalkine MediaHighlights:,Stock Slump,: Shares of WiseTech drop 19% following profit forecast reduction.,Profit Downgrade,: Full-year EBITDA forecast lowered to A$600 million-A$660 million, missing analyst expectations.,Founder Scandals,: CEO Richard White's scand...
Why are these midcap stocks charging higher today?
November 22, 2024 03:09 PM AEDT| By Team Kalkine MediaHighlights:,A2 Milk,: Shares jump 17% after revenue upgrade and new dividend policy announcement.,GQG Partners,: Shares recover 10% after Goldman Sachs reaffirms buy rating.,Mineral Resources,: Stock rises 3% following a broker upgrade to neutral.,Th...
Sarytogan Graphite Expands Market Reach with New ASX Securities Listing
November 22, 2024 02:11 PM AEDT| By Team Kalkine MediaHighlights,Sarytogan,Graphite lists over 16.5 million fully paid securities on ASX,.,The move aligns with the company’s ongoing financial strategies,.,Announcement underscores focus on the growing graphite sector.,Sarytogan Graphite Limited (ASX:SGA)...
DevEx Resources (ASX:DEV) Responds to ASX Price Query Amid Market Activity
November 22, 2024 01:57 PM AEDT| By Team Kalkine MediaHighlights,DevEx,Resources addresses ASX,query,on trading activity,.,Confirms no undisclosed information related to price movements,.,Ensures compliance with ASX Listing Rules,.,DevEx Resources (ASX:DEV), a prominent name in resource exploration, has...
Aurumin (ASX:AUN) Announces Key Leadership Changes and Strategic Board Appointments
November 22, 2024 01:23 PM AEDT| By Team Kalkine MediaHighlights,Aurumin,announces leadership restructuring with a new managing director.,Experienced board members join to strengthen the company’s,expertise,.,Focus,remains,on advancing gold operations in the Sandstone region.,Aurumin (ASX:AUN), a promin...
Governance Concerns and Market Sentiments Shape ASX:MIN’s Path Forward
November 22, 2024 12:49 PM AEDT| By Team Kalkine MediaHighlights,Mineral,Resources upgraded,to neutral after AGM discussions,.,Governance issues and leadership concerns,remain,key challenges,.,Iron ore price outlook offers potential optimism for,ASX:MIN.,Mineral Resources (ASX:MIN) has seen its market...
WiseTech Founder Addresses Allegations at Annual General Meeting
November 22, 2024 12:47 PM AEDT| By Team Kalkine MediaHighlights,WiseTech,CEO Richard White denies allegations of misconduct during board discussions,.,Highlights a logical approach to resolving leadership disagreements,.,Addresses bullying claims involving ex-director Christine Holman,.,At WiseTech Glo...
WiseTech Faces Tough AGM Amid Shareholder Backlash
November 22, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,WiseTech,faced intense scrutiny during its annual general meeting,.,Share price experienced a sharp decline, opening significantly lower,.,Directors gear up for the upcoming investor day in December,.,WiseTech (ASX:WTC) concluded its annua...
Evolution Energy (ASX:EV1) Starts Chilalo Graphite Project in Tanzania
November 22, 2024 12:29 PM AEDT| By Team Kalkine MediaHighlights,Early development activities,initiated,at,Chilalo,Graphite Project by,.,Key infrastructure includes access road construction and plant site preparation,.,Focus on community engagement and positive regional impact,.,Evolution Energy Mineral...
Pancontinental Energy (ASX:PCL): Market Reacts to Trading Halt Update
November 22, 2024 12:26 PM AEDT| By Team Kalkine MediaSummary Points,Pancontinental Energy Update,:,Pancontinental Energy (,ASX:PCL,) ended a trading halt with a disclosure that Woodside Energy Group (,ASX:WDS,) has until late March 2025 to decide on a potential farm-in to its Namibian Orange Basin lice...
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