Euroz Hartleys Group (ASX:EZL) announced a second half dividend of 3.5 AU cents per share, which is fully franked.
Euroz Hartleys Group is a Perth-based full service stockbroking and wealth management firm.
The Director's Commentary of the ASX.
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Euroz Hartleys Group (ASX:EZL) announced a second half dividend of 3.5 AU cents per share, which is fully franked.
Euroz Hartleys Group is a Perth-based full service stockbroking and wealth management firm.
Shares of EV Resources (ASX:EVR), the Australian metal miner, have risen as much as 7.14% to A$0.015.
The company announced plans to raise up to $3.4 million through the issuance of senior secured convertible notes to Obsidian Global GP.
The notes will have a 24-month maturity period with a face value of $1.08, equivalent to a 4% per annum interest according to EV Resources.
The raised funds will be used by the company to expedite exploration activities across its copper assets in the Americas.
The stock’s performance can be characterised as flat so far this year, until the last close.
EV Resources is a metals mining company focused on the exploration of copper assets in the Americas.
Shares in James Hardie Industries (ASX:JHX), the world’s largest fibre cement manufacturer, climbed as steeply as 16.4% to A$47.45 — the highest point since March 17 of this year.
The company, currently having its best day since March 2020, anticipates posting an adjusted net income ranging between $170 million and $190 million for the upcoming quarter, surpassing Factset’s prediction of $166 million.
Experts at Jefferies feel the company’s optimistic outlook mirrors an improving market scenario and continuous relief in input costs.
Amid the company reporting over 30% North American margins on volumes that have decreased by roughly 9%, Citi remains hopeful for the future when utilization resumes.
While it advises a degree of caution in the short term, indicated by shorter guidance durations, James Hardie recently disclosed an adjusted net income of $174.5 million for Q1, exceeding its own projections.
The stock has enjoyed a year-to-date rise of 54.4% up to the previous close.
James Hardie Industries (ASX:JHX) is the world’s largest fibre cement manufacturer.
Shares of the gold and base metal explorer, TechGen Metals (ASX:TG1), saw an increase of up to 5.3%, touching A$0.06.
The company announced that electromagnetic anomalies in the southern Mt Boggola project area in Western Australia have been mapped and sampled for base metal mineralization.
In addition, TechGen Metals (ASX:TG1) stated that radiometric target areas presenting thorium and uranium have also been mapped and sampled.
These samples are targeting ironstone related rare earth elements mineralization.
Notably, the company has identified priority geological targets and sent 23 first pass samples for analysis.
Despite this positive news, the stocks of TechGen Metals (ASX:TG1) are down around 30.5% for the year, considering the last closing.
TechGen Metals is a company that explores for gold and base metals.
Shares of Red 5 (ASX:RED) jumped as much as 8.6% to A$0.19, establishing its best day since April 14, provided the gains persist.
The company, a gold producer, has reported prosperous results from underground diamond drilling at its King of the Hills (KOTH) gold mine in Western Australia.
The outcomes suggest potential for life extensions at the KOTH underground mine.
Future underground drilling is planned for FY24.
The company’s stock has decreased by 14.6% this year up until the last close.
Red 5 (ASX:RED) is a gold producer based in Australia.
Shares of Janison Education Group (ASX:JAN) have seen an uptick as high as 4.26%, reaching A$0.49 per share, their highest point since July 7.
The educational technology company has disclosed that it generated revenue of A$41 million for FY23.
This marks a year-over-year increase of 13%.
The company’s EBITDA also saw substantial growth, climbing by 111% to reach A$4 million.
This earnings boost was attributed to enhanced operational leverage and robust gross margins.
Despite this optimistic financial news, the company’s stock has declined by 16% throughout the current year, according to last close.
Janison Education Group is an educational technology company.
State Gas (ASX:GAS) has seen its shares drop by as much as 11.1% to A$0.16, marking their lowest value since October 5th, 2018.
The Australian gas firm has recently announced the completion of a A$5 million placement at A$0.15 per share.
This issue price indicates a discount of 16.7% compared to the closing price of A$0.18 on July 31.
This led to the company posting one of their biggest intra-day drops since May 29.
Year to date the stock has fallen 23.4% as of the last close.
State Gas develops and operates energy assets, with a key focus on the production of gas.
Woodside Energy’s (ASX:WDS) shares increased as much as 1% to A$38.5, marking their highest value since August 1 of the previous year.
The company, which is primarily involved in oil and gas production, announced on Tuesday that it had secured a deal with LNG Japan.
Under the terms of the agreement, Woodside would sell a 10% participating interest in the value of its $12 billion Scarborough liquefied natural gas (LNG) project in Australia for $500 million.
Following the conclusion of the deal, Woodside will retain a 90% interest in the Scarborough joint venture and continue to act as its operator.
Completion of the deal is anticipated in the first quarter of 2024.
Furthermore, the company announced its entry into agreements with Sumitomo and Sojitz to explore global opportunities in new energy sources.
Roughly 1.9 shares have been traded, compared with the 30-day average volume of 3.5 million shares.
As of the last closing, nine out of 17 analysts classified the stock as a ‘buy’ or higher, six regarded it as a ‘hold’, and two listed it as ‘sell’ or lower; their median price target is A$37.
Woodside’s stock has increased 7.7% this year.
Woodside Energy is a globally renowned oil and gas producer based in Australia.
Ensurance shares saw a remarkable surge, as much as 35% to A$0.270, the largest intraday percentage gain since March 26, 2021.
The cause of the surge is due to a promising takeover bid by PSC Insurance Group to acquire Ensurance (ASX:ENA) in a cash and stock transaction.
The purchase price for this acquisition has been stated to be the greater value of either A$25.2 million or 5 million PSC Insurance shares.
The company reported that this deal estimates the value of Ensurance (ASX:ENA) to be no less than A$25.2 million.
Each Ensurance share is anticipated to be at 28 Australian cents apiece, showcasing a premium of 40% compared to Ensurance’s last closing on Monday.
This news caused the stock to reach its highest level since May 30, 2022.
Despite this high, the stock has experienced a decline of 18.4% so far this year, as of the preceding closing.
Ensurance is a leading global insurance company providing a wide range of financial services.
Shares in mineral explorer Eclipse Metals (ASX:EPM) have enjoyed a significant boost, with a jump of almost 11.8% to A$0.019, a high not seen since July 26.
This surge follows the company’s announcement of its inaugural drilling program at Grønnedal in Greenland yielding evidence of rare earth element mineralization.
Additionally, the drilling results confirmed high ratios of up to 50% of praseodymium and neodymium.
The company also mentioned that plans to conduct diamond drilling, aiming to scrutinize Grønnedal’s depth potential, are expected in the fourth quarter of the year.
Thus far, Eclipse Metals' stock has experienced a rise of about 6.3% this year up to the last close.
Eclipse Metals is a mineral exploration company focused on delivering value to shareholders through the advancement of its mineral exploration projects.