Meteoric Resources (ASX: MEI) Moving to Green Metals
Gold explorer Meteoric Resources had a stagnating share price before announcing the company’s acquisition of a Rare Earth Elements (REE) asset in Brazil. The Caldeira Rare Earth Project is classified as a Tier 1 Ionic Clay Rare Earth Element Project. The project had a history of prior exploration. On 27th November of 2022, Meteoric Resources…
Should you buy CSL (ASX: CSL) on the Dips?
CSL is one of the largest stocks on the ASX by market cap. The company’s status as a premiere pharmaceutical, biotechnology, and life sciences company gives CSL strong tailwinds. The company has not missed a dividend payment in a decade. Given the ageing populations around the world, CSL’s two operating divisions – CSL Behring providing…
Polynovo (ASX: PNV) driving revenue
In December 2022, Polynovo raised AUD$30m from an institutional placement. Proceeds went towards the company’s aggressive expansion efforts. The company has been reporting record sales and revenue throughout 2023. Polynovo has joined the ASX 200. Polynovo has grown revenue in each of the last four fiscal years and is nearing profitability. Polynovo Financial Performance Source:…
A Contrarian View of Fortescue Metals (ASX: FMG)
Fortescue Metals is the fourth largest producer or iron ore in the world. The price of iron ore has seen volatility this year. The Chinese economy is stuttering, risking a lowered demand for metals. Over five years, Fortescue Metals has seen share price appreciation of 398.28% (as of 11:11 AM on 2 August), average dividend…
Summit Minerals (SUM) – Battery Mineral Explorer with Potential
Summit Minerals has three lithium projects in development, along with a REE asset in Western Australia and antimony assets in New South Wales. Antimony is a metal suitable for liquid metal storage batteries for large-scale applications. Promising drilling results at the company’s Stallion Rare Earth Elements Project with the potential for an early initial resource…
Echo IQ (ASX: EIQ) Launches Cardiac Diagnostic Software
Echo IQ has its first sale of the company’s EchoSolv™ diagnostic software for aortic stenosis identification to an Australian hospital. The company is actively pursuing additional opportunities in Australia and the US. Echo IQ has added a component for diagnosing mitral regurgitation to the EchoSolv™ platform. Aortic stenosis – a heart valve disease – and…
Can Insurance Australia Group (ASX: IAG) Sustain its Momentum
IAG has been plagued by losses from claims, both home and auto, from weather-related disasters over the past 15 years. Premium hikes to combat losses and inflation have boosted the company’s financials in the recent past. The company posted a loss following COVID but has returned to profitability, although profit lags pre-COVID levels by a…
IDP Education (IEL: ASX) Buy or Wait and See
Since listing on the ASX in 2015, IDP Education has posted a strong record of share price appreciation and financial performance. The company’s global dominance with its partially owned IELTS testing system now faces a new challenge. IDP is now on the ASX Top Ten Short List. IDP Education has grown into a multi-faceted educational…
Junior Miner Centaurus Metals (CTM: ASX) Ready to Move to the Majors
Centaurus Metals trades in the US OTC (over the Counter) and on the ASX. (ASX: CTM / OTCQX: CTTZF) The stock is under the radar of most investors Analysts are bullish on the stock. Junior Miner Centaurus Minerals has two promising prospects in Brazil: the Jaguar Nickel/Sulphide Project, acquired from Vale in 2020, and the…
Surging Demand Propelling Lindsay Australia
Lindsay Australia provides its agricultural customers with door-to-door supply chain solutions. Lindsay caters to food and food-related Australian industries, from agriculture to horticulture. Lindsay’s financial performance improved dramatically in FY 2022, continuing into the first half of FY 2023. Lindsay Australia listed on the ASX in 1994, with the share price remaining well under the…
