Indiana Resources (ASX:IDA) announced that Tanzania has lodged a request for the annulment of a recent award.
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Indiana Resources (ASX:IDA) announced that Tanzania has lodged a request for the annulment of a recent award.
Kingston Resources Ltd (ASX:KSN) reported quarterly production at Mineral Hill of 4,778 ounces of gold sold at an average price of A$2,968 per ounce. The company’s FY23 sales reached A$44.7 million.
Vection Technologies Ltd (ASX:VR1) reported a total contract value of A$28M for FY23, up 50% from the previous year. The company’s revenue guidance for FY23 is A$24 to A$26M, underpinned by the strong TCV.
Shares of gold explorer Capricorn Metals (ASX:CMM) fall as much as 13.9% to A$4.150, their lowest since July 10. The company posts Q4 gold production of 28,859 ounces from Karlawinda Gold Project vs 30,841 ounces produced in Q3. Capricorn Metals forecasts FY24 production of 115,000 to 125,000 ounces vs 120,014 ounces produced in FY23. The stock is up 4.8% YTD.
Shares of Siteminder rise as much as 20.8% to A$4.3, posting their biggest ever intraday percent jump. The hotel commerce platform posts unaudited revenue of A$151.4 million ($101.41 million) for FY23, up 30.5%. The company targets organic revenue growth of 30% in the medium term. Siteminder expects to be underlying EBITDA profitable and underlying free cash flow positive for H2FY24. The stock is among the top gainers in the ASX All Ordinaries Index. Shares hit their highest level since February 3. Shares are up 16.1% year-to-date, as of the last close.
Australian gold stocks fall as much as 4.9%, their lowest level since June 26. Aussie gold stocks track gold prices lower, which were weighed down by a stronger dollar and an uptick in bond yields after better-than-expected U.S. economic data. Sector majors Northern Star Resources (ASX:NST) and Newcrest Mining (ASX:NCM) fall as much as 4.9% and 4.1%, respectively. Northern Star Resources hits its lowest since March 22. AXGD posts biggest intraday percent fall since Oct 10, 2022. Gold stocks up 16.8% YTD, as of last close, vs a 5.9% gain in the benchmark index (ASX:AXJO).
Yowie Group Ltd (ASX:YOW) has requested a trading halt pending the release of a revised announcement to the market. The announcement, titled ‘Yowie secures Bluey merchandise agreement,’ was originally made on 27 July 2023.
Starpharma Holdings Ltd (ASX:SPL) is seeking a trading halt pending an announcement on a partnered program.
Mosaic Brands Ltd expects about A$17M EBITDA for FY23 and total sales of about A$519M for FY23.
Prospa Group (ASX:PGL) reported that its quarterly revenue was up 40% to $75 million. The company also disclosed that its full-year revenue for FY23 was $286 million, representing a 61% increase compared to the previous year. However, Prospa Group expects to report an EBITDA loss of $29 million for FY23, compared to a profit of $12.1 million in FY22. Excluding non-cash ECL provision expenses totaling $58 million, the company anticipates adjusted EBITDA to be a profit of $29 million.