Stocks
Two ASX Small-Cap Shares Soar Over 50% Today: Healthcare & Mineral Exploration Stocks Take Flight
November 19, 2024 01:19 PM AEDT| By Team Kalkine MediaHighlights:,Resonance Health (ASX: RHT) rockets 47% after securing $13.8 million clinical trial contract.,Petratherm (ASX: PTR) gains 65% on outstanding heavy mineral test results, including high titanium content.,Both companies are benefiting from m...
Sonic Healthcare Ltd (ASX: SHL) Up 4% After AGM Update
November 19, 2024 01:18 PM AEDT| By Team Kalkine MediaHighlights:,Sonic Healthcare (ASX: SHL) shares rise 4% to $27.30 after providing key updates during its AGM.,The company reported $9 billion in FY24 revenue, with non-COVID-related sales up 16%.,Sonic also raised its dividend by 2%, reflecting strong...
Close The Loop Ltd (ASX: CLG) Shares Surge 24% on Takeover Proposal
November 19, 2024 01:17 PM AEDT| By Team Kalkine MediaHighlights:,Close the Loop (ASX: CLG) shares soar 24% after receiving a takeover offer at 27 cents per share.,The offer represents a 49% premium over the stock's 30-day average price.,Shareholders will have the option for cash, scrip, or a combinatio...
SRG Global Ltd (ASX: SRG) Shares Surge 10% to Decade-High Following Major Contract Wins
November 19, 2024 01:12 PM AEDT| By Team Kalkine MediaHighlights:,SRG Global (ASX: SRG) shares jump 10% to a decade-high of $1.32 after securing $700 million in new contracts.,The company has won major infrastructure contracts in Water, Transport, Resources, and Health sectors across Australia and New Z...
Resolute Mining's Agreement with Mali Government Amid Escalating Tensions
November 19, 2024 01:01 PM AEDT| By Team Kalkine MediaHighlights,Resolute Mining agrees to an $80 million initial payment to Mali's government.,Discussions,continue on,transitioning operations to Mali’s 2023 Mining Code.,Ongoing tensions include detained employees and increased tax demands.,Resolute Min...
RBA Maintains Cash Rate Amid Economic Uncertainty
November 19, 2024 12:59 PM AEDT| By Team Kalkine MediaHighlights,The Reserve Bank of Australia (RBA),deems,current monetary policy restrictive but appropriate,.,Core inflation,remains,high, with projections of potential rate adjustments in future years,.,Global risks, including US policy and China's eco...
State Gas Resumes Rolleston West Operations Following Settlement
November 19, 2024 12:57 PM AEDT| By Team Kalkine MediaHighlights,State Gas regains access to the Rolleston West project after resolving a dispute,.,Legal action against the landowner has been discontinued,.,Operations and exploration activities are set to resume under agreed protocols,.,State Gas (ASX:G...
Danakali (ASX:DNK) Moves to NSX to Focus on Strategic Flexibility
November 19, 2024 12:52 PM AEDT| By Team Kalkine MediaHighlights,Danakali,plans to delist from ASX and move to the NSX,.,The shift aims to avoid costly exploration requirements under ASX Listing Rules,.,The company,maintains,substantial cash reserves for future projects.,Danakali (ASX:DNK), a small-cap...
Sayona Mining and Piedmont Lithium Finalize $850M Merger
November 19, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,Sayona Mining and Piedmont Lithium announce an $850 million merger to,consolidate,lithium operations,.,Combined entity plans to raise $150 million, with significant investor interest reported,.,Merger to unify ownership of the North Americ...
Sayona Mining and Piedmont Lithium Announce Major Lithium Merger
November 19, 2024 12:44 PM AEDT| By Team Kalkine MediaHighlights,Sayona Mining and Piedmont Lithium confirm an $850 million merger,.,The merger,consolidates,control over lithium assets in North America and beyond,.,Trading for both companies is currently paused following the announcement,.,Sayona Mining...
Revenue Estimates for Straker Limited (ASX:STG) See Significant Downgrade
November 19, 2024 12:42 PM AEDT| By Team Kalkine MediaHighlights,Straker Limited’s revenue forecast for 2025 has been significantly reduced,.,The company is projected to underperform its industry peers in revenue growth,.,The analyst also lowered the price target,,indicating,cautious market sentiment,.,...
Tryptamine Therapeutics Readies Phase 2 Trials for Psilocin Therapy
November 19, 2024 12:40 PM AEDT| By Team Kalkine MediaHighlights,Tryptamine Therapeutics progresses to Phase 2 clinical trials for TRP-8803,.,TRP-8803,demonstrated,enhanced safety and efficiency in Phase 1b studies,.,The IV-infusion formulation offers key advantages over traditional oral dosing,.,Trypta...
Latin Resources Advances Scheme with Pilbara Minerals Loan Facility
November 19, 2024 12:11 PM AEDT| By Team Kalkine MediaHighlights,Latin Resources secures funding from Pilbara Minerals as part of,acquisition,scheme,.,The Scheme of Arrangement progresses with key documents lodged with ASIC,.,Shareholders to vote on the scheme in January 2025, with implementation target...
Stellar Resources Achieves Record High-Grade Tin Intersection at Heemskirk
November 19, 2024 12:08 PM AEDT| By Team Kalkine MediaHighlights,Stellar Resources reports a record high-grade tin intersection at the,Heemskirk,Tin Project,.,Current drilling program focuses on resource expansion and,prefeasibility,studies,.,Results show significant,mineralisation,with higher grades th...
Green Technology Metals Unveils New Pegmatite Zone at Seymour Lithium Project
November 19, 2024 11:39 AM AEDT| By Team Kalkine MediaHighlights,Green Technology Metals,identifies,a new pegmatite zone,at,its Seymour Lithium Project,.,Drilling program results support future resource updates for the project,.,Definitive feasibility study on track for completion in 2025,.,Green Techno...
TechnologyOne Reports Strong Full-Year Financial Results
November 19, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,TechnologyOne,reports a 15% rise in profit after tax,.,Total revenue increased by 17%, reaching $515.4 million,.,Declares a dividend of 22.45¢ per share for the year,.,Enterprise software provider TechnologyOne (ASX:TNE) has posted strong...
Newmont Finalizes Musselwhite Mine Sale to Orla Mining
November 19, 2024 11:28 AM AEDT| By Team Kalkine MediaHighlights,Newmont to sell Musselwhite mine in Canada for,$1.3 billion,.,Deal includes upfront and contingent payments, closing by early 2025,.,Proceeds,to support debt reduction and shareholder-focused initiatives,.,Newmont Corporation (ASX:NEM), th...
Leeuwin Metals Reports High-Grade Iron Samples at West Pilbara Project
November 19, 2024 11:25 AM AEDT| By Team Kalkine MediaHighlights,Leeuwin Metals,identifies,additional,high-grade iron,mineralisation,.,Rock chip sampling results show up to 54.66% iron,.,Exploration reveals a 2.4 km strike footprint open for further study,.,Leeuwin Metals (ASX:LM1) has expanded its iron...
Santos Announces Plans to Increase Shareholder Returns by 2026
November 19, 2024 11:23 AM AEDT| By Team Kalkine MediaHighlights,Santos plans to enhance shareholder returns starting in 2026,.,Projects in the Timor Sea and Alaska expected to drive cash flow,.,Focus on carbon storage expansion aligns with environmental goals,.,Santos (ASX:STO) has unveiled plans to bo...
Olympio Metals Acquires Copper-Gold Project on Cadillac Break
November 19, 2024 11:15 AM AEDT| By Team Kalkine MediaHighlights,Olympio Metals secures an option agreement for the Dufay Copper-Gold Project in Quebec,.,The project is located on the Cadillac Break, a renowned zone for copper and gold,mineralisation,.,Exploration drilling is planned for January 2025,.,...
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