Stocks
Pro Medicus (ASX:PME) Secures AU$98M, 8-Year Contract Renewal with Mercy Health
October 07, 2024 04:27 PM AEDT| By Team Kalkine MediaKey Points:,Pro Medicus' U.S. subsidiary signs an eight-year contract renewal with Mercy Health, valued at A$98 million.,The deal includes Visage 7 Viewer and Visage 7 Open Archive, with a higher per-transaction fee compared to the original contract....
Battery Age Minerals (ASX:BM8) Raises AU$1mn to Advance Exploration Projects
October 07, 2024 04:25 PM AEDT| By Team Kalkine MediaKey Points:,Battery Age Minerals raises AU$1 million via a share placement priced at AU$0.10 per share, a 16.67% discount to the last traded price.,Funds will support exploration at the Bleiberg Zinc-Germanium project in Austria and Falcon Lake proje...
ARC Funds (ASX:ARC) Acquires 30% Stake in Ausbiz Capital to Expand Financial Services Portfolio
October 07, 2024 04:22 PM AEDT| By Team Kalkine MediaKey Points:,ARC Funds Limited acquires 30% of ausbiz Capital, investing $1 million in three stages.,Ausbiz Capital will offer financial products like term deposits, capital raising, and digital investor services.,The partnership includes a 3-year exc...
GQG Partners (ASX:GQG) Shares Dip Despite Positive September 2024 Update
October 07, 2024 04:19 PM AEDT| By Team Kalkine MediaHighlights,GQG Partners reported growth in funds under management for September 2024.,Net inflows for the year reached US$17.4 billion, with strong contributions from international equities.,The company anticipates continued positive inflows despite...
Three ASX Growth Companies with Strong Insider Ownership and Earnings Growth
October 07, 2024 03:54 PM AEDT| By Team Kalkine MediaHighlights,High insider ownership highlights strong confidence in growth potential for these ASX companies.,Earnings growth forecasts range from 13.6% to 60.8% annually across the featured companies.,Companies include Mineral Resources, Mesoblast, an...
Alkane Resources (ASX:ALK) Advances Exploration at Tomingley Gold Project
October 07, 2024 03:42 PM AEDT| By Team Kalkine MediaHighlights,Alkane Resources is expanding exploration at the Tomingley Gold Project (TGP).,TGP aims to extend the life of its gold operations beyond 2032.,Promising results from recent surveys and drilling point to new exploration targets.,Alkane Reso...
Celsius Resources (ASX:CLA) Strengthens Local Workforce through TESDA Partnership
October 07, 2024 03:35 PM AEDT| By Team Kalkine MediaHighlights,Celsius Resources partners with TESDA to develop local skills for its MCB Copper-Gold Project.,The training program focuses on construction skills, preparing the community for upcoming project opportunities.,The MCB Project has an estimate...
Lithium Miners Surge on Arcadium Takeover News
October 07, 2024 03:18 PM AEDT| By Team Kalkine MediaHighlights,Lithium miners see significant gains following Rio Tinto’s,Arcadium,bid.,Liontown,Resources surged by more than 18%.,Several other lithium stocks, including Sayona Mining and Core Lithium, also saw,strong growth,.,The lithium mining sector...
Orthocell (ASX:OCC) Records Strong Growth in 2024
October 07, 2024 03:10 PM AEDT| By Team Kalkine MediaHighlights,Orthocell,achieved record revenue of A$2.03 million in Q3 2024.,Demand for key products Striate+ and,Remplir,continues to drive growth.,US FDA approval for,Remplir,could unlock a,$1.6 billion,nerve repair market.,Orthocell Ltd (ASX:OCC), a...
Cobre Ltd (ASX:CBE) Discovers High-Purity Quartz at Perrinvale Project
October 07, 2024 03:07 PM AEDT| By Team Kalkine MediaHighlights,Cobre Ltd has discovered high-purity quartz at its,Perrinvale,Project.,The exploration target estimates range from 5.1 million to 28.3 million,tonnes,of quartz.,Further testing and fieldwork are planned to convert the target into a mineral...
ASX200 Gains as Financials and IT Lead Market
October 07, 2024 02:48 PM AEDT| By Team Kalkine MediaHighlights,ASX200 up 0.6% amid lighter trading due to a public holiday.,Financials and IT sectors lead the market, with notable movements in Materials.,Key company updates from Rio Tinto, Evolution Mining, and,Neuren,Pharmaceuticals.,The ASX200 index...
Examining REA Group (ASX:REA) and Its Recent Share Price Performance
October 07, 2024 02:09 PM AEDT| By Team Kalkine MediaHighlights,REA Group shares have risen by 16.2% in 2024.,REA Group,operates,a dominant real estate platform with strong market positioning.,The company,benefits,from high margins, recurring revenue, and global reach.,The share price of Rea Group Ltd...
Arcadium Lithium (ASX:LTM) Surges on Potential Takeover by Rio Tinto (ASX:RIO)
October 07, 2024 01:54 PM AEDT| By Team Kalkine MediaHighlights,Arcadium,Lithium shares surged 44% following Rio Tinto's takeover interest.,Rio Tinto is exploring the possibility of expanding its lithium portfolio.,Arcadium,Lithium has key assets in Argentina, Australia, and globally.,Arcadium Lithium...
Japan Partners with Woodside on Methane Emissions Management
October 07, 2024 01:49 PM AEDT| By Team Kalkine MediaHighligts:,Partnership Formation,:,Woodside Energy Group Ltd (ASX: WDS) has signed a memorandum of understanding with the Japan Organisation for Metals and Energy Security (JOGMEC) to collaborate on methane emissions management.,Technological Develop...
ASX Rise Amid Mixed Market Sentiments: Rio Tinto Declines While Arcadium Lithium Soars
October 07, 2024 01:46 PM AEDT| By Team Kalkine MediaHighlights:,Market Performance,: The,S&P/ASX 200,rose by 0.3%, approaching record highs despite thin trading volumes due to the Labour Day holiday.,Rio Tinto and,Arcadium,:,Rio Tinto (ASX: RIO) declined as it considers,acquiring,Arcadium,Lithium, whi...
Rio Tinto's Move Towards Arcadium: A Long-Term Bet on Lithium
October 07, 2024 01:40 PM AEDT| By Team Kalkine MediaHighlights:,Strategic Long-Term Investment,:,Rio Tinto's move to,acquire,Arcadium,signals a long-term commitment to the expanding lithium sector.,Existing Lithium Projects,:,Rio's current lithium ventures, such as the Rincon project in Argentina and...
Gold Steady as Investors Evaluate Interest Rate Prospects Amid Global Tensions
October 07, 2024 01:38 PM AEDT| By Team Kalkine MediaHighlights:,Middle East Tensions,:,Ongoing geopolitical tensions, particularly in Gaza and Iran, have driven demand for safe-haven assets like gold.,Interest Rate Outlook,:,The US jobs report exceeded expectations, reducing chances of a significant r...
Copper Supply Challenges and Emerging Opportunities for Key Players
October 07, 2024 01:35 PM AEDT| By Team Kalkine MediaHighlights,Global copper demand is expected to grow by 70% by 2050.,BHP highlights a shortage of new copper projects in its recent report.,Several smaller copper projects are set to,benefit,from rising copper prices.,BHP Group,(ASX:BHP),has recently...
Mesoblast (ASX:MSB) Poised for Breakthrough as FDA Decision Nears
October 07, 2024 01:32 PM AEDT| By Team Kalkine MediaHighlights,Mesoblast shares have risen by 65% in the past month.,FDA approval for its stem-cell therapy,Ryoncil,is expected soon.,Mesoblast is advancing six programs in phase III clinical trials.,Mesoblast Limited (ASX:MSB), a leader in stem-cell the...
Cochlear Limited (ASX:COH) Sees Revised Valuation Amid Market Shifts
October 07, 2024 01:25 PM AEDT| By Team Kalkine MediaHighlights:,Cochlear's,stock declined over 13% after the August results, leading to a,reevaluation,.,Citi analysts have revised the price target for Cochlear from $255 to $305, citing a valuation,adjustment.,**,Cochlear's,price-earnings ratio for fis...
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