News & Updates
Best Performers
As more and more ASX stocks file their quarterlies, the list of the best performers looks somewhat different this afternoon than what it did this morning.
Resources Top 5
These small cap stocks are the gold standard in morning trade. Traka hits 9m at 9g/t gold at Mt Cattlin project in WA and Sunshine Gold to acquire project in 20moz gold district.
Resources Top 5
Every recent mining float has made massive Day 1 gains. Of the 28-odd listings in December, just five have failed to make gains on their first day.
Copper Prices Flying
Copper prices are flying, but the best is yet to come. Red-hot copper prices surged 22 per cent in the September quarter — well above pre-COVID-19 levels — for their highest quarterly increase since mid-2009.
Resources Top 5
Australia United and MinRex fly on Lachlan Fold exploration deal and African Energy pegs ground “prospective for large porphyry copper-gold deposits”
Energy Takeover
Zenith Energy gets a $150m takeover offer; shares fly 40pc. It has become the latest target of leveraged buyout private equity firm Pacific Equity Partners (PEP), receiving a $150m takeover proposal.
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