Stocks
Asian Battery Metals’ Oval Project Advances with Multiple DHEM Conductors Identified
November 06, 2024 12:23 PM AEDT| By Team Kalkine MediaHighlights,Asian Battery Metals restarts phase 2 drilling at the Oval Copper-Nickel-PGE Project in Mongolia.,DHEM results reveal 17 conductive plates,,indicating,strong,mineralisation,potential.,Program aims to expand high-grade zones and define the...
Evion Group Secures $2 Million Contract to Begin Expandable Graphite Production in India
November 06, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,Evion Group,finalizes,$2 million contract for expandable graphite production.,The company,anticipates,additional,contracts for 2025 supplies.,Production to focus on high-demand sectors like EVs and electronics.,Evion Group NL (ASX:EVG) has...
Great Boulder Resources Expands Mulga Bill Gold Resource with Drilling Success
November 06, 2024 11:35 AM AEDT| By Team Kalkine MediaHighlights,Great Boulder Resources boosts gold resource with new drilling at,Mulga,Bill.,High-grade gold mineralization extends outside the current resource boundary.,Mulga,Bill shows potential for continued expansion in the Side Well Gold Project.,G...
Neuren Pharmaceuticals Gains $50 Million from Priority Review Voucher Sale
November 06, 2024 11:18 AM AEDT| By Team Kalkine MediaHighlights,Neuren,Pharmaceuticals secures $50 million from FDA voucher sale.,The sale is linked to Acadia Pharmaceuticals' Rett syndrome treatment, DAYBUE.,Funds are expected to support,Neuren’s,ongoing neurodevelopmental research.,Neuren Pharmaceuti...
Domain Holdings Australia Reports Revenue Growth as Digital Listings Drive Demand
November 06, 2024 11:11 AM AEDT| By Team Kalkine MediaHighlights,Domain sees revenue growth from digital and premium listings.,Residential revenue up 12% in Q1 FY25.,CEO focuses on Marketplace strategy for better engagement.,Domain Holdings Australia (ASX:DHG) shared an encouraging update on its revenue...
Lightning Minerals Welcomes Lithium Expert Jamie Day as New Non-Executive Director
November 06, 2024 11:07 AM AEDT| By Team Kalkine MediaHighlights,Lightning Minerals appoints experienced geologist Jamie Day as non-executive director.,Day brings extensive lithium discovery,expertise,, including,Liontown,Resources’ Kathleen Valley Project.,Company set to enhance lithium exploration eff...
Understanding Pointerra’s (ASX:3DP) Cash Flow Position and Growth Prospects
November 06, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Pointerra,maintains a manageable cash burn, aiming for breakeven soon.,Cash runway spans around nine months, backed by recent growth investments.,Revenue dip prompts questions,on,future funding needs and potential dilution.,Pointerra Limit...
Five-Year Earnings Growth at Lovisa Holdings Lagged by 21% YoY Shareholder Returns
November 05, 2024 05:13 PM AEDT| By Team Kalkine MediaHighlights:,Lovisa Holdings Limited sees a 14% decline in share price over the past month, but a strong 126% increase over the last five years.,The company has achieved an annual compound earnings per share (EPS) growth of 16% over the past five year...
Australian Market Declines at Close, S&P/ASX 200 Down 0.40%
November 05, 2024 05:09 PM AEDT| By Team Kalkine MediaHighlights:,Australian equities closed lower on Tuesday, led by declines in Gold, Utilities, and Financials sectors.,Appen Ltd, Mineral Resources Ltd, and Tabcorp Holdings Ltd post notable gains on the S&P/ASX 200.,St Barbara Ltd, Domino’s Pizza Ente...
BMG Raises Capital for Gold Expansion; Bubalus Receives Drilling Approval in NT
November 05, 2024 05:03 PM AEDT| By Team Kalkine MediaHighlights:,BMG Resources secures full funding for drilling campaign at Abercromby gold project.,Bubalus Resources rises on environmental approval for Nolans East REE project.,Talga Group’s stock surges after overcoming environmental approval challen...
Market Decline Seen as S&P/ASX 200 Closes Down by 0.40%
November 05, 2024 04:59 PM AEDT| By Team Kalkine MediaHighlights:,Australian equities closed lower on Tuesday, driven by losses in key sectors including Gold, Utilities, and Financials.,Appen Ltd, Mineral Resources Ltd, and Skycity Entertainment Group Ltd were among the session’s top performers.,St Barb...
CSL Shares Lag Despite Market Highs, Analysts Remain Optimistic
November 05, 2024 04:57 PM AEDT| By Team Kalkine MediaHighlights,Stock Dip:,CSL shares down nearly 1% in 2024, trading at AU$285.30, off July highs of over AU$312.,Challenges Identified:,Weighed down by the underperformance of Vifor Pharma and regulatory setbacks.,Analyst Optimism:,Brokers maintain a "b...
Harvey Norman Shares Slide Amid Court Ruling Update, Brokers Remain Optimistic
November 05, 2024 04:49 PM AEDT| By Team Kalkine MediaHighlights,Legal Setback:,Federal Court rules in favor of ASIC, finding Harvey Norman and Latitude Finance guilty of misleading advertising.,Investor Reaction:,Shares fell 1% to AU$4.53 after the company updated on the ongoing case.,Analyst Optimism:...
Domino’s Pizza Enterprises CEO Steps Down Amid Sales Slump, Shares Volatile
November 05, 2024 04:47 PM AEDT| By Team Kalkine MediaHighlights,CEO Transition:,Longtime CEO Don Meij resigns after over two decades, during which he led massive global expansion.,Stock Reaction:,Shares saw early volatility, dropping 6% and briefly rallying, before settling down 6% at AU$31.67.,Sales S...
Citi Optimistic About GPT Group Amid Retail and Industrial Growth
November 05, 2024 04:44 PM AEDT| By Team Kalkine MediaHighlights,Positive Outlook:,Citi maintains a "buy" rating for GPT Group, with a price target of AU$19.3.,Growth Potential:,GPT's expanding fund management business and strong industrial leasing are seen as key drivers.,Improved Conditions:,Reduced t...
Brambles Limited Allocates New Share Rights Through Incentive Plan
November 05, 2024 04:44 PM AEDT| By Team Kalkine MediaHighlights:,Share Rights Issuance:,Brambles Limited has issued 79,403 share rights as part of its employee incentive program.,Employee Incentives:,The move is designed to align employee interests with company performance through equity-based rewards....
Bank of Queensland Shares Face Decline Amid Broader Market Conditions
November 05, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights:,Bank of Queensland shares have experienced a notable decline recently.,Recent financial performance and market conditions contribute to the current price movement.,Analysts are assessing long-term prospects despite short-term fluctuations...
Australian Stocks Slip as Central Bank Holds Rates at 12-Year High
November 05, 2024 04:40 PM AEDT| By Team Kalkine MediaHighlights,Interest Rate Decision:,RBA keeps policy rate unchanged, maintaining a 12-year high to curb inflation.,Market Impact:,The S&P/ASX 200 index fell 0.4% as banking and energy sectors suffered losses.,Investor Caution:,Global market sentiment...
Augustus Minerals’ Gold Portfolio Grows with Music Well Acquisition in WA’s Eastern Goldfields
November 05, 2024 04:32 PM AEDT| By Team Kalkine MediaHighlights:,Strategic Acquisition:,Augustus Minerals (ASX: AUG) has acquired a substantial exploration package in Western Australia's Eastern Goldfields region.,Prime Location:,The acquisition includes ten granted exploration licences in proximity to...
Infinity Mining’s East Coast Portfolio Grows with Granting of Bogong Copper-Gold Project
November 05, 2024 04:28 PM AEDT| By Team Kalkine MediaHighlights:,New Exploration Licences:,Infinity Mining (ASX:IMI) has secured the Bogong copper-gold project in New South Wales as part of its expanded exploration portfolio.,Strategic Expansion:,The company has been actively acquiring high-potential g...
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