The Stocks in Action || Could Australia’s Gold Stocks Register Gains On Strong Bullion Prices?

• The S&P/ASX200 is up today, gaining 29.40 points or 0.42% to 7091.10 at 11:36 AM AEST. The top performing stocks in this index are APPEN LIMITED up 7.31% and HUB24 LIMITED up 4.71%.

• Australian gold sub-index AXGD jumped as much as 3.2% on Friday, its highest since 28 April 2021. Gold stocks in the country take their cue from an overnight jump in bullion prices, as a weaker dollar and easing Treasury yields propelled the safe-haven metal over the key $1,800 psychological level. 

• Cauldron Energy Ltd (ASX:CXU) shared it has reached an agreement with Kuuwa Rentals Pty Ltd to lease a T4 Sami Mobile Concrete Batching Plant. The Concrete Batching Plant is in Onslow and is currently not operating.

• White Cliff Minerals stated sampling programme at its Cracker Jack Gold Project in Western Australia revealed presence of high-grade gold. Nearly 26 million shares got traded as compared to the 30-day average volume of ~4.6 million. Meanwhile, White Cliff Minerals Limited (ASX:WCN) stock last traded at AUD 0.021 at 11:36 AM AEST. 

• Afterpay Limited (ASX:APT) shares closed below AUD 100 on Thursday for the first time this year, as investors continue to reprice the ‘buy now, pay later’ firm. The stock touched AUD 96.36, its lowest since December 10, in the session and recorded its fifth straight day of losses.

• Kinetico Energy (ASX:KKO) spurts on acquiring remaining stake in Afro Energy 

• The share price of Kinetico Energy Limited (ASX:KKO) jumped as much as 22.727% to trade at A$0.135 per share at 11:36 AM AEST. 

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