The Penny Picks || Penny Stocks Racking Up The Gains

• The energy index climbed above 2% to gain most on the benchmark and to its highest since mid-April, as oil prices hit a more than 1-year high on OPEC+ decision to stick with its plan to ease supply cuts through July. 

• Beach Energy (ASX:BPT), Original Energy (ASX:ORG) and AGL Energy (ASX:AGL) are leading the pack of ASX 200 gainers. Besides, natural gas majors Woodside Petroleum (ASX:WPL) and Santos Ltd (ASX:STO) added more than 2% each. 

• Worley Ltd (ASX:WOR), which provides services to oil firms, jumped over 5% to be the top gainer in the sub-index and the benchmark. Then, Fuel refiner Ampol Ltd (ASX:ALD) and peer Viva Energy (ASX:VEA) also climbed up. 

• Shares of the pathology services provider Australian Clinical Labs (ASX: ACL) skyrocketed on upgrading earnings forecast.  

• Then, Matador Mining (ASX:MZZ) touched over 7-month high on buying more land in Canada.   

• Moving on, shares of Health imaging technology provider Pro Medicus (ASX:PME) hit 1-month high on agreement with Mayo Clinic. 

• While, Sezzle sizzled on BNPL partnership with Target.  

• Besides, PainChek Ltd (ASX:PCK) soared on reaching 127,000 licensed Australian Residential Aged Care approved beds.

• Australian conglomerate Wesfarmers Ltd (ASX:WES) traded in red territory. It has now begun to cycle the impact of COVID-19 from the previous year.

•  global lithium company Galaxy Resources (ASX:GXY) edged lower despite upgrading its production guidance for the full year.

• Australian-based regenerative medicine company Mesoblast’s (ASX:MSB) slid on revenue dip.  

• prominent clean energy player Environmental Clean Technologies (ASX:ECT) surged 100% to AUD 2 cents. 

• Lets look at this stock. Mineral explorer Red Mountain Mining (ASX:RMX) jumped 22% to AUD 1.1 cents.  

• The company has issued 5.5 million fully paid ordinary shares in the company in accordance with an investor awareness and marketing agreement with S3 Consortium Pty Ltd. The shares are being issued at a deemed issue price of AU$0.015 per share, representing a 66.6% premium to the last traded price of 9 cents. 

• Next, Software development business TYMLEZ Group (ASX:TYM) soared 20 % to AUD 1.5 cents. 

• The company confirmed that it has dispatched documents related to the Indicative Timetable for the Renounceable Pro-Rata Rights together with the accompanying personalised Entitlement and Acceptance. o Lion Energy (ASX:LIO) opened with a gap up on signing a Memorandum of Understanding (MOU) with Wagner Corporation Pty. Lion Energy is set to explore opportunities in green hydrogen and related infrastructure at Wagner’s Wellcamp Business Park and Pinkenba Wharf locations. 


Disclaimer
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK