Stocks

Renegade Exploration (ASX:RNX) Uncovers Critical Mineral Potential at Andrew Deposit

February 05, 2025 04:08 PM AEDT| By Team Kalkine Media

Highlights,Significant Discoveries:,Recent analysis of past drilling data at the Andrew zinc–lead–silver deposit in Canada has revealed notable concentrations of germanium (Ge) and gallium (Ga), two critical minerals increasingly important in advance...

Government Sells $15B in 2036 Treasury Bonds: Record Demand and Robust Institutional Participation

February 05, 2025 04:07 PM AEDT| By Team Kalkine Media

Highlights,Oversubscribed Auction:,$15 billion in 2036 Treasury bonds attracted bids,totaling,$83.4 billion, highlighting strong investor interest.,Stable Yield Profile:,The bonds, rated triple-A, offer a coupon of 4.25% and a yield of 4.46%, with th...

Data Centre Integration and Evolving Tenant Sentiment: Centuria Office REIT's Flat Growth Landscape Explored

February 05, 2025 04:05 PM AEDT| By Team Kalkine Media

Highlights,Data centre integration prospects,emerging,within modern office tower infrastructure.,Tenant sentiment shifting despite stable performance metrics for,Centuria,Office REIT (ASX: COO).,Sector dynamics,analyzed,alongside industry peers such...

BWP Trust (ASX:BWP) Delivers Strong Financial Performance and Strategic Expansion Plans

February 05, 2025 03:45 PM AEDT| By Team Kalkine Media

Highlights:,Interim dividend increased to 9.2¢ per unit as net profit surged.,Net profit for the six-month period soared to $157.1 million from $53.2 million year-over-year,Expansion initiatives include a $14 million upgrade at the Pakenham warehouse...

Maggie Beer Holdings (ASX: MGB) Initiates Strategic Restructuring Amid Rising Costs and Earnings Decline

February 05, 2025 03:42 PM AEDT| By Team Kalkine Media

Highlights,EBITDA for the December half-year declined by 7–8% year-on-year, despite sales growth of 5.5–6%.,A strategic review will see operations streamlined by reducing head office positions and,eliminating,senior executive roles.,Key leadership ch...

Little Green Pharma Acquires Health House in Strategic Expansion, Shares Rise 4%

February 05, 2025 03:22 PM AEDT| By Team Kalkine Media

Highlights,Strategic Acquisition:,Little Green Pharma acquires Health House to enhance vertical integration.,Low-Cost Deal:,The acquisition cost is,$375,000,, a fraction of the,$10.9 million,price tag listed in 2024.,Market Reaction:,LGP shares rose,...

Centuria Office REIT Sees Market Shifts, But Long-Term Office Recovery Uncertain

February 05, 2025 03:19 PM AEDT| By Team Kalkine Media

Highlights,Shifting Office Market Sentiment:,COF cites increased workforce return led by government and corporate sectors.,COF Shares Rise 1.3%:,Stock climbed to,$1.15 per share,following the company’s,HY25 update,.,Data Centre Conversion Boosts Prop...

Renegade Exploration Surges 40% on Wednesday. Here's Why.

February 05, 2025 03:17 PM AEDT| By Team Kalkine Media

Highlights,New Critical Mineral Discovery:,Renegade Exploration identifies,germanium (Ge) and gallium (Ga),at its Andrew zinc-lead-silver deposit in Canada.,High-Grade Intercepts:,Drill results reveal,up to 48.0g/t Ge, 15.8g/t Ga, 6.4% Zn, and 56.8g/...

BlueBet Launches $15M Placement to Acquire TopSport, Shares Jump 14%

February 05, 2025 03:15 PM AEDT| By Team Kalkine Media

Highlights,$15M Capital Raise:,BlueBet issues 44 million new shares to fund the acquisition of TopSport.,Market Share Expansion:,The deal supports BlueBet’s goal of securing 10-15% of Australia’s betting market.,Stock Surge:,BBT shares rose 14% to,$0...

OzAurum Resources’ Shares Soar 46.25% Following Major Gold Discovery at Mulgabbie North

February 05, 2025 03:12 PM AEDT| By Team Kalkine Media

Highlights,New High-Grade Gold Discovery:,OzAurum identifies significant gold mineralization at Mulgabbie North, with assays showing 4m @ 14.17 g/t from 16m depth.,Accelerated Exploration:,Rapid follow-up RC drilling set to commence next week to expa...

Pinnacle Investment Management (ASX:PNI) Soars on Half-Year Results

February 05, 2025 12:25 PM AEDT| By Team Kalkine Media

Highlights,Record Share Price:,Pinnacle Investment Management surged 8% to an all-time high of $27.11 following its half-year results.,Stellar Financial Growth:,Net profit after tax (NPAT) jumped 150% to $75.7 million, driven by strong performance fe...

Fortescue (ASX:FMG) Shares Climb 3% on Red Hawk Mining Takeover Progress

February 05, 2025 12:23 PM AEDT| By Team Kalkine Media

Highlights,Stock Surge:,Fortescue shares rose 3% to $19.17 in morning trade following an acquisition update.,Takeover Milestone:,Fortescue secured over 75% of Red Hawk Mining (ASX: RHK), triggering an increased offer price of,$1.20 per share,.,Strate...

Insignia Financial (ASX:IFL) at Center of Bidding War as Brookfield Joins Takeover Race

February 05, 2025 12:21 PM AEDT| By Team Kalkine Media

Highlights,Brookfield’s Bid:,Canadian firm,Brookfield (BAM.TO) has offered AU$3.07 billion ($1.92 billion) for Insignia Financial,, matching offers from Bain Capital and CC Capital Partners.,Premium Offer:,The proposal values Insignia at,AU$4.60 per...

Amcor (ASX:AMC) Shares Climb on Earnings Report and Merger Progress

February 05, 2025 12:16 PM AEDT| By Team Kalkine Media

Highlights,Stock Surge:,Amcor shares rose,2.9% to AU$16.16,in morning trade, outperforming the ASX 200’s 0.7% gain.,Solid Earnings Growth:,H1 FY 2025 volumes up 2%,, adjusted EBIT,up 4%,to AU$728 million, and,EPS up 5%,.,Berry Global Merger:,The AU,$...

Cleanaway (ASX:CWY) Reports Major Fire at NSW Waste Facility, Shares React

February 05, 2025 12:13 PM AEDT| By Team Kalkine Media

Highlights,Fire Incident:,Cleanaway’s,liquid waste processing facility in St Marys, NSW, suffered a significant fire,, leading to its closure.,No Injuries Reported:,All employees and contractors are,safe,, with,no injuries confirmed,.,Stock Movement:...