Stocks
Far East Gold Secures Strategic Investment from Xingye, Strengthening 2025 Exploration Plans
February 20, 2025 12:51 PM AEDT| By Team Kalkine MediaHighlights,Far East Gold (,ASX:FEG,) receives final funding from Xingye, bringing total investment to A$14.67 million.,Xingye secures a 19.99% stake, aligning for long-term project development.,Funds to accelerate 2025 exploration, focusing on Tier-1...
Rio Tinto gains limelight today, here's why.
February 20, 2025 12:47 PM AEDT| By Team Kalkine MediaHighlights,Underlying profit after tax of US$10.9 billion,, with EBITDA of,US$23.3 billion,.,Revenue dipped slightly by 1% to US$53.6 billion,, impacted by an 11% drop in iron ore prices.,Dividend per share set at 402 US cents,, down from 435 cents i...
Alkane Resources Reports Strong Growth with 6% Profit Increase and Expanding Gold Operations
February 20, 2025 12:47 PM AEDT| By Team Kalkine MediaHighlights,Profit after tax rises 6% to A$13.1 million, driven by higher gold prices and production.,Gold sales,surge,14%, boosting revenue by 36% to A$121.5 million,Expansion efforts continue at,Tomingley,and Boda-Kaiser projects with new drilling p...
CommBank’s x15ventures Selects Seattle Startup Gable as Xccelerate Winner
February 20, 2025 12:42 PM AEDT| By Team Kalkine MediaHighlights,Gable,emerges,as the top startup in CommBank’s x15ventures,Xccelerate,program.,The startup secures a SAFE Note investment and explores partnerships with (,ASX:CBA,).,Gable’s AI-powered platform enhances data governance and compliance for b...
Capstone Copper (ASX:CSC) Reports Record-High Earnings and Production in 2024, Eyes Strong Growth in 2025
February 20, 2025 12:41 PM AEDT| By Team Kalkine MediaHighlights,Record copper production and earnings surge in 2024.,Adjusted earnings for Q4,nearly doubled,year-over-year.,2025 output forecasted to grow by 30%, with lower costs.,Capstone Copper (ASX:CSC) has reported a record-breaking performance for...
Strong Job Market Could Influence RBA’s Next Move on Interest Rates
February 20, 2025 12:39 PM AEDT| By Team Kalkine MediaHighlights,Employment growth surpasses expectations,,impacting,RBA’s,outlook.,RBA may,maintain,a cautious stance on interest rate adjustments.,Economic forecasts suggest limited rate cuts in 2024.,Australia’s job market showed impressive resilience i...
Goodman Group Shares Plunge 7% Following AU$4 Billion Capital Raising
February 20, 2025 12:32 PM AEDT| By Team Kalkine MediaHighlights,Goodman Group raises AU$4 billion,through an institutional placement at a 6.9% discount.,Additional AU$400 million to be raised,via a share purchase plan (SPP) for retail investors.,Funds to support expansion,in logistics and data centers,...
Megaport Shares Surge 27% Following Strong Half-Year Results
February 20, 2025 12:28 PM AEDT| By Team Kalkine MediaHighlights,Annual Recurring Revenue (ARR) Grows 18%,to $226.6 million.,Megaport Expands Global Reach,with new data centers and market entries in Brazil and Italy.,FY 2025 Guidance Raised,with revenue forecasted between $216 million and $222 million.,...
Wesfarmers (ASX:WES) Reports Strong HY25 Growth with Higher Dividend and Expansion Plans
February 20, 2025 11:58 AM AEDT| By Team Kalkine MediaHighlights,Revenue and profit growth:,Wesfarmers (WES) reported a revenue increase of 3.6% and net profit after tax (NPAT) rise of 2.9%.,Dividend boost:,The interim dividend per share increased by 4.4% to $0.95.,Strategic expansion:,Investments in,di...
ASX Penny Stocks to Keep an Eye on in February 2025
February 20, 2025 11:57 AM AEDT| By Team Kalkine MediaHighlights,Market volatility,continues, but,select ASX penny stocks show potential.,Companies with strong financials and strategic growth plans stand out.,Leadership changes and earnings growth trends could influence future performance.,The Australia...
ANZ's Loan Concerns Weigh on Australian Banks, Pressuring ASX Financials
February 20, 2025 11:56 AM AEDT| By Team Kalkine MediaHighlights,ANZ's impaired loans increase,,impacting,banking stocks,Broader financial sector sees declines amid tighter NIMs,ASX financials sector drops over 6% in five days,Australian banks experienced significant downward pressure as concerns over i...
BlueScope Steel’s (ASX:BSL) Stock Surge: Does It Align with Financial Performance?
February 20, 2025 11:54 AM AEDT| By Team Kalkine MediaHighlights:,BlueScope Steel (BSL) sees a 20% surge in stock price despite mixed financial indicators.,The company's return on equity (ROE) of 5.5%,lags behind,the industry average of 11%.,Future projections,indicate,a rise in ROE, but earnings growth...
Wellnex Life’s Dual Listing Plan Gains Momentum with $14.3M Commitment
February 20, 2025 11:49 AM AEDT| By Team Kalkine MediaHighlights,Wellnex,Life (WNX) secures $14.3M for,London,Stock Exchange dual listing.,The move aims to strengthen financials, reduce debt, and expand European market reach.,Capital raise supports Pain Away acquisition, fueling strong revenue growth.,W...
Terra Metals Unveils Promising Drill Results, Extends Mineral Strike at Dante Project
February 20, 2025 11:48 AM AEDT| By Team Kalkine MediaHighlights,1.2-kilometre strike extension,confirmed at Reef 1 North, extending total length to 4.2,kilometres,.,Consistent high-grade,mineralisation,across titanium, copper, platinum group metals, gold, and vanadi,Further drill results pending,, with...
Australia’s Job Market Surprises Again: What It Means for the Economy and Stocks
February 20, 2025 11:47 AM AEDT| By Team Kalkine MediaHighlights,Employment in Australia surged by 44,000 in January, surpassing expectations.,Unemployment,rate inched up to 4.1%, in line with forecasts.,Reserve Bank of Australia (RBA),remains,cautious about future rate decisions.,Australia’s labor mark...
Brambles (ASX:BXB) Lifts Dividend Amid Strong Profit Growth
February 20, 2025 11:46 AM AEDT| By Team Kalkine MediaHighlights,Brambles (BXB) increases dividend by 27% to 19¢ per share.,Profit surges 11% to $445.7 million, with revenue reaching $5.4 billion.,Forecasts steady growth in sales and profit for the 2025,financial year,.,Brambles (ASX:BXB) has delivered...
Adore Beauty Group Reports Revenue Growth Amid Profit Decline in 1H 2025
February 20, 2025 11:34 AM AEDT| By Team Kalkine MediaHighlights:,Adore Beauty Group experiences an increase in revenue while net income declines.,Profit margins decrease as earnings per share reflect a downward trend.,Growth projections indicate an upward trajectory for the coming years.,The specialty...
Knosys (ASX:KNO) Financial Dynamics and Stock Movement Analysis
February 20, 2025 11:34 AM AEDT| By Team Kalkine MediaKnosys (ASX:KNO) Financial Dynamics and Stock Movement Analysis
Mach7 Technologies Limited (ASX:M7T) Navigating Market Recovery and Growth Prospects
February 20, 2025 11:34 AM AEDT| By Team Kalkine MediaMach7 Technologies Limited (ASX:M7T) Navigating Market Recovery and Growth Prospects
Australian Agricultural Projects (ASX:AAP) Financial Transformation Strategic Growth and Capital Efficiency
February 20, 2025 11:33 AM AEDT| By Team Kalkine MediaAustralian Agricultural Projects (ASX:AAP) Financial Transformation Strategic Growth and Capital Efficiency
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