IAG Shares in Breakout Territory as Outlook Improves
Insurance Australia Group shares (ASX: IAG) are seeing an upward trend, coming off a strong 2024 with gains of more than 50% in value. The stock has started off the year in a range, currently trading at $8.45, and in range of a breakout. Taking a look at the 1 month and we can see…
ResMed Shares Approach Highs on Strong Start to Year
ResMed shares (ASX: RMD) delivered gains of more than 47% through 2024, and seem intent on challenging the 52 week highs of $39.13 after breaking $38 in today’s session. Though we are only a few sessions into 2025, RMD has continued in similar vein, adding 2.60% so far. The company is a prime figure in…
Julian Hanna Takes the Helm at Artemis Resources
Artemis Resources (ASX: ARV) has appointed Julian Hanna as its new Managing Director, signaling a strategic move as the company prepares for an extensive drilling campaign at its Karratha gold project. Known for his remarkable track record in the mining industry, Hanna transitions from his previous role as Senior Technical Advisor at Artemis Resources to…
Wespac Shares Offer Outperformance in ASX 200 Banks Index
Amidst a year of impressive growth for ASX 200 bank stocks, Westpac shares (ASX: WBC) has emerged as a standout performer amongst the big 4. The S&P/ASX 200 Banks Index showcased impressive gains of more than 30% in 2024, and Westpac’s performance has been noteworthy in this upward trend. Starting the year around $23 per…
ASX 200 Dips as December’s Decline Continues
The ASX 200 experience a modest decline as the index fell by 0.32%, interrupting the anticipated “Santa rally” that was expected to conclude the year on a high note. Despite the short-term setback that has seen the XJO dip 2.52% in December, the year-to-date gain of 7.96% is a marked improvement on both 2022, and…
De Grey Mining Share Price Target (DEG) Revised Into Year End
De Grey Mining’s share price (ASX: DEG) ended at the high of the day, up 3.16% at $1.80. The year-to-date gain of 45.93% has offered a significant outperformance on the Australian markets through 2024, with eyes now turning to the outlook and forecast in the upcoming year. A couple of analyst adjustments in recent times…
Westpac New Zealand Overcharges 25,000
Westpac New Zealand shares (NZE: WBC) gained 2.96% today, reversing what had been a downtrend in the previous trading week. After a strong year of gains, where the share price has added 44.59%, far outperforming the broader market, news of an admission to overcharging has not shifted sentiment. The bank has publicly acknowledged that it…
Paladin Energy Receives Clearance for Fission Uranium Acquisition
Paladin Energy shares (ASX:PDN) ended the day 1.3% up, as the firm received crucial clearance from Canadian authorities to move forward with its acquisition of Fission Uranium Corp. (TSX:FCU, OTCQX:FCUUF). This approval marks a significant milestone in the merger process, following a thorough national security review by Canada’s Minister of Innovation, Science, and Industry under…
ASX Declines To Pre US Election Levels After Fed Induced Decline
The Aussie markets took a turn for the worse today, with both the ASX200 and the All Ords shedding more than 140 points. A drop of 1.7% for the 200, and 1.68% for the XAO followed a sharp drop in major indices on Wall Street, triggered by comments from Federal Reserve Chair Jerome Powell regarding…
Pilbara Minerals Shares Hit New 52 Week-Year Lows
Pilbara Minerals share price (ASX: PLS) hit a new 52 low today at $2.13, as the firm tries to reverse the bearish sentiment that has seen the stock drop 45.48% on a year-to-date basis. Lithium prices are largely responsible for the decline along with increasing production costs, as highlighted in Pilbara’s recent earnings report. Zooming…
