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MinRes Confronts Shareholders as ASX Reverses Early Progress
November 21, 2024 05:22 PM AEDT| By Team Kalkine MediaHighlights:,The S&P/ASX 200 closed down marginally by 3.30 points, ending at 8,323 points on November 21.,Nine of the 11 sectors closed lower, with materials and industrials leading the decline.,Mineral Resources (ASX:MIN) experienced significant mar...
Berkeley Energia Leads the Pack in ASX Penny Stocks Spotlight
November 21, 2024 05:14 PM AEDT| By Team Kalkine MediaHighlights:,ASX200 remains relatively flat with a minor decrease of 0.1%, driven by resilience in the energy and financial sectors.,Penny stocks continue to attract attention due to their affordability and growth potential.,A focus on companies with...
Brambles Limited Confirms New Share Quotation on ASX
November 21, 2024 05:01 PM AEDT| By Team Kalkine MediaHighlights:,Brambles Limited applied for quotation of 7,531 fully paid ordinary shares on the ASX.,The new shares are part of an employee incentive program.,Shares will be available for trading starting November 21, 2024.,Brambles Limited,,(ASX:BXB),...
Algorae Pharma Advances Drug Development with AlgoraeOS
November 21, 2024 04:39 PM AEDT| By Team Kalkine MediaHighlights,Algorae,Pharmaceuticals,identifies,24 new drug targets using AI,.,Preclinical studies to assess targets for oncology treatments,.,Expansion of AI-powered drug platform to Version 2.0 announced,.,Algorae Pharmaceuticals (ASX:1AI) has unveil...
Rio Tinto Shares Struggle Amid Challenges, but Analysts Highlight Recovery Potential
November 21, 2024 04:27 PM AEDT| By Team Kalkine MediaHighlights,Rio Tinto shares down 15% YTD,amidst soaring equity markets.,Challenges include,weaker Chinese demand,,,environmental concerns,, and,declining commodity prices,.,Analysts remain optimistic, citing,production growth,,,dividend appeal,, and,...
Sipa Resources (ASX:SRI) Focuses on Barbwire Terrace’s Lead-Zinc-Silver Potential
November 21, 2024 04:22 PM AEDT| By Team Kalkine MediaHighlights,Sipa Resources is,finalizing,gravity survey data for the Barbwire Terrace project,.,Exploration targets Mississippi Valley-style lead-zinc-silver deposits,.,Joint venture partner Buru Energy plans structural changes,impacting,the project,....
Knosys Secures Two-Year Contract Extension with Healthdirect
November 21, 2024 04:21 PM AEDT| By Team Kalkine MediaHighlights,Knosys extends SaaS contract with,Healthdirect,until 2027,.,KnowledgeIQ,continues as a core tool in healthcare and beyond,.,Shares of Knosys show growth over the past year,.,Knosys (ASX:KNO), a leading provider of knowledge management solu...
Maximus Resources (ASX:MXR) Reports Exceptional Gold Recovery
November 21, 2024 04:19 PM AEDT| By Team Kalkine MediaHighlights,Maximus Resources reports 92.4% gold recovery from Eagles Nest Deposit,.,Tests confirm suitability for conventional processing,.,Follow-up drilling and studies planned for resource growth.,Maximus Resources (ASX:MXR) has reported impressiv...
Race Oncology Identifies 39 FTO Inhibitors for Cancer Therapy
November 21, 2024 04:18 PM AEDT| By Team Kalkine MediaHighlights,Race Oncology discovers 39 molecules targeting cancer-linked proteins,.,Focus on FTO inhibition, key in cancer RNA regulation,.,Collaboration with Monash University boosts oncology research,.,Race Oncology (ASX:RAC) has successfully comple...
Auric Mining Advances Jeffreys Find Gold Project with Three Mile Hill Processing
November 21, 2024 04:16 PM AEDT| By Team Kalkine MediaHighlights,Auric Mining begins ore processing at Three Mile Hill plant in Coolgardie,.,BML Ventures manages operations with plans to process up to 75,000,tonnes,.,Additional,toll milling deals aim to accelerate gold production,.,Auric Mining (ASX:AWJ...
Pinnacle Investment Shares Surge to Record High After U.S. and U.K. Asset Management Acquisitions
November 21, 2024 04:06 PM AEDT| By Team Kalkine MediaHighlights,Pinnacle Investment shares climbed,4.3% to AU$22.370,, a record high.,The company acquired stakes in,VSS Holdings LLC (22.5%),and,Pacific Asset Management (25%),for a total of,AU$142.8 million,.,Analysts applaud the move, citing enhanced g...
HMC Capital Launches DigiCo REIT in Largest Australian IPO of 2024, Valued at AU$2.75 Billion
November 21, 2024 04:02 PM AEDT| By Team Kalkine MediaHighlights,DigiCo REIT IPO valued at AU$2.75 billion,, making it the largest in 2024.,HMC Capital’s shares hit a record high, surging as much as 2.2% to AU$11.99.,DigiCo REIT to manage,AU$4.3 billion in data center assets,across Australia and the U.S...
Fortescue Metals Group Share Price Falls 38% in 2024 Amid Iron Ore Market Uncertainty
November 21, 2024 04:00 PM AEDT| By Team Kalkine MediaFortescue Metals Group Ltd (ASX:FMG) has faced a tough year, with its share price plunging 38% since the beginning of 2024. This decline has significantly lowered the iron ore miner's price-to-earnings (P/E) ratio, raising questions about whether the...
Mineral Resources to Restructure Amid Misconduct Investigation
November 21, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Misuse of resources uncovered,: Internal investigation revealed improper use of company assets by founder Chris Ellison for personal benefit.,Assets under review,: Includes arrangements with consortiums led by Ellison and individuals close...
GQG Partners Shares Sink 11% Amid Adani Fraud Charges
November 21, 2024 03:55 PM AEDT| By Team Kalkine MediaShares of GQG Partners Inc (ASX:GQG) experienced a significant decline on Thursday, falling 11% to $2.34 in afternoon trade. This sharp drop comes in the wake of troubling news surrounding Indian billionaire Gautam Adani, whose recent fraud charges i...
IDP Education Shares Hit Four-Year Low, What's Happening?
November 21, 2024 03:49 PM AEDT| By Team Kalkine MediaHighlights,Shares down 68%,: IDP Education’s stock has fallen sharply, reaching its lowest point in four years.,Goldman Sachs remains bullish,: Despite the decline, Goldman Sachs maintains a "buy" rating and a $19.00 price target, forecasting a 54% u...
DroneShield Shares Face Volatility Amid Mixed Financial Performance
November 21, 2024 03:46 PM AEDT| By Team Kalkine MediaHighlights,Stock down 29% in a month,: DroneShield shares have fallen sharply, marking a 29% decrease in the past month.,Mixed financial results,: While the company posted an all-time high in quarterly cash receipts, overall revenues were down 20% ye...
Governance Under Spotlight: MinRes Chairman Addresses Scandal Concerns
November 21, 2024 03:40 PM AEDT| By Team Kalkine MediaHighlights,MinRes,chairman,clarifies stance on potential legal actions,.,Related party transactions defended as commercially beneficial,.,No class action notice received so far,.,The governance practices of Mineral Resources (ASX:MIN) have come under...
MinRes Leadership Transition Raises Shareholder Questions
November 21, 2024 03:39 PM AEDT| By Team Kalkine MediaHighlights,MinRes,faces shareholder concerns over leadership transition.,Founder Chris Ellison's role,deemed,crucial for company value creation.,Auditor addresses governance and transparency concerns at the meeting.,Mineral Resources (ASX:MIN) recent...
IAG Share Price Hits Five-Year High Amid Strong Financial Performance
November 21, 2024 03:29 PM AEDT| By Team Kalkine MediaHighlights,IAG's share price hits $8.30,: The stock has surged over 40% in 2024, surpassing the S&P/ASX 200 Index's 9% increase.,Strong financials in FY24,: IAG posted an 11% rise in net earned premiums, strong profits, and an 80% increase in its div...
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