Stocks
Mineral Resources (ASX:MIN) Share Price Soars Following Positive Quarterly Update
July 26, 2024 03:46 PM AEST| By Team Kalkine MediaInvestors are driving up the share price of Mineral Resources Ltd (ASX:MIN) with a notable 4.0% increase on Friday, following the company’s latest quarterly update. The company’s shares, which closed at AU$54.87 yesterday, are now trading at AU$54.11...
Why are shares of Northern Star (ASX:NST) on downfall today?
July 26, 2024 03:42 PM AEST| By Team Kalkine MediaShares of Australian gold miner Northern Star Resources (ASX:NST) experienced a significant decline on Friday, falling by as much as 3.7% to AU$13.75. The downturn in Northern Star Resources' share price follows a critical downgrade by Jefferies, whi...
RMD and Coles Group Ltd: Two ASX Shares to Explore
July 26, 2024 12:45 PM AEST| By Team Kalkine MediaAs of 2024,,ASX growth stock,Resmed CDI has experienced a remarkable 23.4% rise in its share price, reflecting its strong performance and growing presence in the medical equipment sector. In contrast, Coles Group Ltd remains relatively stable, tradin...
Two Top ASX 300 Dividend Stocks Available Now
July 26, 2024 11:40 AM AEST| By Team Kalkine MediaFor those seeking dividend income, two,ASX dividend stocks,have recently attracted attention due to their potential for delivering substantial returns. Healthco Healthcare and Wellness REIT and Woodside Energy Group Ltd are highlighted as attractive...
Aerometrex (ASX:AMX) Announces FY24 Outlook, Expects Decline in Revenue and EBITDA
July 26, 2024 11:14 AM AEST| By Team Kalkine MediaAerometrex Limited (,ASX:AMX,) has released preliminary unaudited financial guidance for the fiscal year ended 30 June 2024 (FY24). The company anticipates delivering the following key financial results:,Group Revenue,Aerometrex expects total group r...
Bellevue Gold (ASX:BGL) Announces A$150 Million Share Placement and Share Purchase Plan
July 26, 2024 11:13 AM AEST| By Team Kalkine MediaBellevue Gold Limited (,ASX:BGL,) has successfully secured firm commitments for a fully underwritten share placement, raising AU$150 million. The placement will issue new shares at AU$1.55 each, representing a 15.3% discount to the last closing price...
Critical Minerals (ASX:CMG) Updates on Lindfield Project and Future Plans
July 26, 2024 11:12 AM AEST| By Team Kalkine MediaCritical Minerals Group Limited (,ASX:CMG,) has reported a substantial increase in the Mineral Resource Estimate for its Lindfield Project, now totalling 713 million tonnes. This marks a remarkable 96% increase in the resource size, underscoring the...
TZ (ASX:TZL) Secures AU$1mn Contract for Employee Lockers with Queensland Government, Shares Jump
July 26, 2024 11:10 AM AEST| By Team Kalkine MediaTZ Limited (,ASX:TZL,) has announced that its wholly owned subsidiary, TZI Australia Pty Limited, has won a significant contract to supply and install over 1,300 employee lockers for a Queensland Government body. This contract was secured through an...
Australian Food Super Announces On-Market Takeover Offer for Dynamic Group Holdings (ASX:DDB)
July 26, 2024 10:35 AM AEST| By Team Kalkine MediaAustralian Food Super (AFS) has announced an on-market takeover offer for all remaining shares of Dynamic Group Holdings Limited (,ASX:DDB,) that it does not already own. AFS currently holds a 19.87% stake in DDB's fully paid shares. This proposed ac...
Lithium Energy (ASX:LEL) Updates on Axon Graphite IPO and Leadership Team
July 26, 2024 10:32 AM AEST| By Team Kalkine MediaLithium Energy Limited (,ASX:LEL,) has provided an update on the spinout of its high-grade natural graphite assets into a new entity, Axon Graphite Limited, in partnership with NOVONIX Limited (,ASX:NVX,). The new company, Axon Graphite (proposed ASX...
Citi Analysts Maintain Cautious Outlook on Macquarie (ASX:MQG) Following Weak Q1
July 26, 2024 10:15 AM AEST| By Team Kalkine MediaCiti analysts have expressed concerns regarding the performance of Australia’s top investment bank, Macquarie Group (,ASX:MQG,), following a weak first quarter. They do not anticipate the bank's second-quarter results to meet their first-half forecas...
Jefferies Lowers Price Target for Northern Star (ASX:NST), Downgrades Rating
July 26, 2024 10:10 AM AEST| By Team Kalkine MediaAnalysts at Jefferies have revised their outlook for Australia's Northern Star Resources (,ASX:NST,), lowering the price target from AU$16 to AU$15. The brokerage has also downgraded the rating for the gold explorer from "buy" to "hold." This adjustm...
ASX Smallcap Shares Plunge Amidst Market Turbulence
July 25, 2024 07:01 PM AEST| By Team Kalkine MediaThursday has proven challenging for investors on the Australian Stock Exchange (ASX), with the S&P/ASX 200 Index declining by 1.29% and closing at 7,861.2 points. Several ASX-listed companies are experiencing significant declines today, driven by var...
Flight Centre (ASX: FLT) Faces Stock Decline Despite Raised Earnings Estimates
July 25, 2024 06:52 PM AEST| By Team Kalkine MediaFlight Centre Travel Group Ltd (ASX:FLT) experienced a downturn in its stock price, declining by as much as 2.8% to AU$21.30, extending losses from the previous session. This drop comes despite analysts at J.P. Morgan revising upward their FY24 earni...
Ampol Ltd (ASX:ALD) Faces Investor Disappointment Amidst Challenging Trading Update
July 25, 2024 06:50 PM AEST| By Team Kalkine MediaThe Australian Stock Exchange witnessed a tumultuous Thursday as the S&P/ASX 200 Index faltered, closing down 1.29% and slipping beneath the 7,900-point mark. Among the casualties of the day was Ampol Ltd (ASX:ALD), an ASX 200 oil stock that saw its...
Fortescue (ASX: FMG) Faces Steep Decline Amidst Disappointing Energy Investment Plans
July 25, 2024 06:47 PM AEST| By Team Kalkine MediaFortescue Metals Group Ltd (ASX:FMG) encountered a significant downturn in its stock price, plummeting by as much as 5.5% to AU$20.14, marking its lowest level since September 22, 2023. The company, known as the world's fourth-largest iron ore miner,...
Northern Star Resources (ASX:NST) Closed Red on Thursday- Here’s Why?
July 25, 2024 06:45 PM AEST| By Team Kalkine MediaNorthern Star Resources Ltd (ASX:NST) encountered a challenging Thursday as its shares dipped by as much as 0.42%, settling at AU$14.29. The gold explorer's stumble followed the revelation of its ambitious growth capital expenditure plans for FY25, w...
Exploring ASX Blue Chips? Review the BHP Group Ltd Share Price
July 25, 2024 04:06 PM AEST| By Team Kalkine MediaThe BHP Group Ltd. share price has experienced a decline of 18.0% since the beginning of 2024. In contrast, Woolworths Group Ltd. shares are currently 13% below their,52-week high,. This analysis explores why BHP and Woolworths might be worth monitor...
SEEK (ASX: SEK) Shares Hit Lowest Point Since Mid-July Amid Impairment Charge
July 25, 2024 03:14 PM AEST| By Team Kalkine MediaSEEK Ltd (,ASX: SEK,) shares have fallen by as much as 5.1% to AU$19.50, marking their lowest level since mid-July. This decline extends the stock’s losing streak to eight consecutive sessions.,Impairment Charge Announced,The employment services firm...
A3D, CRN and LRS: Three ASX Shares Defy Market Trend on Thursday
July 25, 2024 03:07 PM AEST| By Team Kalkine MediaAurora Labs Ltd (,ASX: A3D,) Soars on Test Flight Success,Aurora Labs’ share price has surged 3.23% to 9.6 cents amid a challenging day for the market. The rise comes after the company announced the successful maiden aerial test flight of its 200 Cla...
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