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United Malt (ASX:UMG) releases FY22 earnings guidance; how are shares performing?
April 26, 2022 11:19 AM AEST| By AshishHighlights United Malt expects EBITDA (before SaaS costs) for the first half to be nearly AU$57 million. The company also said that its dividend policy remains to disburse nearly 60% of underlying NPAT as dividends. Higher input cost...
BHP, FMG, CBA, RIO: Four ASX dividend shares amid rising inflation
April 23, 2022 12:02 AM AEST| By AshishHighlights Investors lap up dividend shares to boost their income. Rising consumer prices and interest rates are known to discount future values of a firm’s profits. Dividend shares are known to offset inflationary pressures.&nbs.....
Sayona Mining (ASX:SYA) shares gain on projects update
April 22, 2022 01:05 PM AEST| By Bhawna Guptacompleted. Sayona Mining Ltd (ASX:SYA) said today (April 22) that Morella Corporation Limited (ASX:1MC) has provided an update on exploration activities being undertaken at both the Mallina Lithium Project (E47/2983) and Mt Edon Lithium Project....
Qantas (ASX:QAN) shares end 4% higher as international travel picks up
April 21, 2022 07:23 PM AEST| By Sonal GoyalQantas Airways Limited (ASX:QAN) shares ended sharply higher on the ASX today (21 April 2022) as the travel industry has started showing signs of pickup. International travel, which was severely impacted due to the pandemic, is gradually getting ba.....
Allkem (ASX:AKE) up over 7% on plans to boost lithium produce
April 14, 2022 11:23 AM AEST| By Sukriti NairAustralian lithium miner, Allkem Limited (ASX:AKE), has shared its March 2022 quarterly activities report today on the ASX. In the reported March quarter, Allkem’s group revenue is reported to be US$235 million. Also, group's gross operat...
Another green move by Fortescue? Forrest buys three cattle stations in WA
April 06, 2022 07:13 PM AEST| By Arpit VermaHighlights Andrew Forrest has purchased three cattle stations in Western Australia's northwest to generate renewable energy. Mr Forrest has made massive investments in the rapidly growing hydrogen energy through its green power arm, Fortescue F.....
PolyNovo (ASX:PNV) charged up on record revenue in March quarter
April 06, 2022 06:25 PM AEST| By Sonal GoyalHighlights PolyNovo has delivered a return of AU$12.26 million in the March quarter. Proceeds for the Lorimer Street property sale is expected in July 2022. PolyNovo’s clinical trial programme is also on track. Shares of PolyNovo Li.....
Paladin Energy (ASX:PDN) share closes 3% lower on SPP opening
April 06, 2022 05:13 PM AEST| By Sukriti NairHighlights Paladin Energy’s shares plunged over 3% as it opens its SPP today (6 April 2022) Paladin is seeking to raise up to AU$15 million (pre-costs) under the current SPP. SPP available to all Paladin Energy shareholders having a regi.....
Why Core Lithium (ASX:CXO) slipped on the ASX today?
April 06, 2022 04:53 PM AEST| By Team Kalkine MediaHighlights Core Lithium closed significantly lower on Wednesday. The fall can be attributed to the widespread weakening in the lithium industry. Core Lithium is developing lithium and metals projects in world-class mining areas. The share.....
This ESG compliant nickel player shares are up ~4x in Q1 2022, here’s why
April 06, 2022 04:23 PM AEST| By AayushSince the onset of war between Russia and Ukraine, which has led to a massive surge in energy commodities such as crude oil, natural gas etc., the momentum for clean energy has picked up pace. When talking about clean energy, high-capacity battery-po...
Syrah (ASX:SYR) announces FID on solar battery system
April 06, 2022 03:00 PM AEST| By SamtaHighlights Syrah has approved Balama solar and battery system final investment decision (FID). The solar and battery system is anticipated to reduce the global warming potential of Balama natural graphite products. SYR expects C1 cost savings .....
ACW, IHL & CGS: ASX healthcare penny stocks with over 150% returns in one year
April 06, 2022 02:56 PM AEST| By Aditi SarkarHighlights Penny stocks have strong potential to yield lucrative rewards. They are extremely volatile; thus, investors should do proper due diligence. ACW, IHL and CGS are among the penny stocks from the ASX healthcare space that have delivere.....
TMK, BRX & AD1: Three ASX penny stocks defying market gloom today
April 06, 2022 01:10 PM AEST| By AayushHighlights The ASX Small Ordinaries index plunged 1.03% to 3,346, by 12:30 PM AEST. TMK, BRX and AD1 are going against the grain with their massive rallies in a gloomy market. Investors must do a proper due diligence before investing in these .....
Australian Ethical Investment (ASX:AEF) to merge with Christian Super
April 06, 2022 12:54 PM AEST| By Sonal GoyalHighlights Superannuation subsidiary of Australian Ethical has signed a memorandum of understanding with Christian Super. Christian Super received order from regulatory authorities to exit the industry previous year. Australian Ethical expects.....
MX1, MDR, and OSX: Medical technology stocks from ASX
April 06, 2022 12:43 PM AEST| By Aditi SarkarHighlights Products, services, and solutions used in the medical field are known as medical technologies Pregnancy tests and X-rays are one of the widely used medical technologies The rapid advancement of technology has resulted in sophisticat.....
Crown (ASX:CWN) may pay A$100M fine; shares trade in red
April 06, 2022 12:40 PM AEST| By RitwikaHighlights Crown was found to be executing the Chinese Union Pay process to transfer funds from China illegally. The Victorian Gambling and Casino Control Commission might charge a fine worth AU$100 million on Crown. Crown shares dip on the AS...
BGH intends to make new Virtus (ASX:VRT) bid at AU$8 cash per share
April 06, 2022 11:54 AM AEST| By Priyanka PayalHighlights BGH Capital is considering making an off-market takeover offer to acquire all fully paid ordinary shares (Shares) in Virtus Health Limited at AU$8.00 cash per share. The renewed bid comes after Virtus had already recommended a takeov.....
APA Group (ASX:APA) is on investors’ radar; here's why
April 06, 2022 11:42 AM AEST| By RitwikaHighlights APA Group has secured a federal government grant for ramping up the provision of gas infrastructure related to Central Petroleum's project. APA shares were grabbing investors' attention today as around 400k shares were already traded...
Rising global lithium demand to increase MinRes’ (ASX:MIN) output
April 05, 2022 06:34 PM AEST| By SamtaHighlights The global demand for lithium has soared in robust electric vehicle market conditions. Mineral Resources will be increasing output to meet the soaring global demand for lithium products. MInRes will increase its production f.....
Newcrest Mining (ASX:NCM) flouts falling gold, begins the week higher
April 05, 2022 06:11 PM AEST| By Sukriti NairHighlights Gold prices have fallen further, continuing last week’s decline. Newcrest Mining shares have begun the week higher against the gold price pull back. NCM share price has gone up without any price sensitive announcements. G.....
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