Shares in Australia’s Westgold Resources (ASX:WGX) increased as much as 2.5% to A$1.62.

The mining company confirmed its fiscal guidance for 2024.

Westgold stated it’s on track to achieve a FY24 gold output between 245,000 to 265,000 ounces.

The stock value of the company has seen an uptick of 80% this year, as recorded at the last close.

Westgold Resources is a prominent Australian mining company, specializing in the production and exploration of gold.

Shares of Australia-based software-as-a-service provider Urbanise.com (ASX:UBN) saw an uptick of as much as 2.4% to A$0.430, anticipating the highest gain since September 15 if current trends prevail.

The stock attained its highest since September 28.

Urbanise.com announced it has realized headcount savings that are predicted to generate annual cash flow improvements of A$1.1 million.

Furthermore, the company forecasts an A$2.4 million improvement in cash flows over the next 12 months.

The company also plans to focus on achieving cash flow sustainability by the fiscal year 2025.

As of the previous market close, the stock has fallen by 40.9% this year.

Urbanise.com is a cloud-based software-as-a-service provider.

Shares in industrial services firm SRG Global (ASX:SRG) have risen as much as 3.3% to A$0.625.

This marks their largest intraday percentage gain since September 4.

SRG Global has secured a 10-year maintenance contract, worth roughly NZ$130 million ($76.87 million), with Transpower New Zealand.

The contract involves a range of specialist industrial services, including the removal of existing coatings through specialist blasting, among others.

It’s set to commence on July 1, 2024, for an initial five-year term.

It then holds a further five-year right of renewal from July 1, 2029.

However, year-to-date, SRG’s stock is down by 12.3% as per last closed market session.

SRG Global is a diversified industrial services firm.

Financial analysts at Morgan Stanley dubbed Tuas as an ‘early-stage telecom disruptor’ under the strategic leadership of current executive chair, David Teoh.

Teoh, the founder and former leader of Australia’s telecommunication giant, TPG Telecom, saw the company’s equity surge by an impressive 500% from 2010-2020 under his guidance.

It is believed that he will apply the same aggressive pricing strategy coupled with careful cost control in his role at Tuas.

Tuas, based in Singapore, currently sells only mobile services but is expanding into the lucrative broadband sector.

Morgan Stanley predicts potential for Tuas to augment further across a variety of customers and regions.

Furthermore, the company is exceeding expectations with continued growth in its mobile subscriber base.

In the stock market, Tuas' performance is promising with a 0.5% upswing.

It has escalated by 55.6% this year, up to the previous close.

Tuas is an early-stage telecom disruptor set to make a significant impact in the Singapore telecom market under the guidance of David Teoh, the founder and former boss of TPG Telecom.

Shares of biopharmaceutical company Dimerix saw an impressive increase of as much as 129.5% to A$0.140, marking their largest intra-day percentage gain since February 2013.

The surge came on the back of the company’s announcement that it has secured an exclusive license agreement with ADVANZ PHARMA Corp.

The agreement allows for the commercialization of Dimerix’s Phase 3 drug candidate DMX-200 within the European Economic Area, the UK, Switzerland, Canada, Australia and New Zealand.

DMX-200, an experimental treatment for focal segmental glomerulosclerosis (FSGS) kidney disease, could potentially earn Dimerix up to A$230 million in upfront and milestone payments in addition to royalties.

Roughly 11.5 million shares were exchanged on the news, a significant jump from the 30-day average volume of 222,253.

Despite today’s gains, the company’s stock is down by 1.4% year-to-date.** Dimerix is a biopharmaceutical company that specialises in developing innovative therapies for chronic kidney diseases.

Morgan Stanley analysts perceive potential for improvement in Reject Shop’s (ASX:TRS) business roll-outs and market competition.

They predict new yet experienced management and a straightforward strategy could aid the discount retailer in the conversion of AUD 900 million of annual sales into heightened earnings growth.

They forecast Reject Shop to achieve AUD 15.8 million EBIT in FY24, aligned with consensus earnings estimates.

The brokerage issued a statement that an AGM update and the Christmas trading sessions will provide evidence of the business’s strength.

So far this year, the stock has seen a rise of 31.8% up to the most recent closing.

Reject Shop is an Australian discount retailer.

Shares of Pantoro (ASX:PNR) surge by as much as 17.7% to A$0.040, marking their most considerable intraday gain since March 20.

The gold producer reported an increase in September quarter gold production to 13,168 ounces at its Norseman Gold Project, compared to 10,345 ounces in the June quarter.

The shares climbed to their highest level since September 26.

Roughly 9.3 million shares were traded, slightly above the 30-day average of 8.6 million shares.

Pantoro’s stock, however, has declined 64.6% Year-to-Date as of its most recent closing.

Pantoro is a gold production company majorly involved in the Norseman Gold Project.

Analysts at Citi are not anticipating a counter cash bid for Liontown (ASX:LTR), an Australian resources organization, despite the AUD 3/share offer from lithium titan, Albemarle Corp.

Gina Rinehart, an Australian billionaire, has increased her stake in Liontown through her company Hancock Prospecting to nearly 15%, according to a recent filing.

There have been signals from the brokerage that there may be recent interests in Hancock increasing the stake.

Liontown shares are currently experiencing a dip of 0.7%.

However, the company’s stack has surged by 125% this year as of the last close.

Liontown is a resource company focusing on the development of lithium and vanadium projects in Australia.

In its recent update, Pantoro (ASX:PNR) has reported a remarkable uptick of 27% on a quarter-over-quarter basis in production at its Norseman Gold Project.

The amount of gold produced surged to 13,168 ounces.

Pantoro is an Australia-based company engaged in the production and exploration of gold projects.

Its chief project, Norseman Gold Project, continues to show promising output results.

Australian energy stocks slipped as much as 2.2% to reach their lowest level since July 12 as weak oil prices continue to weigh on the sector.

Wednesday saw oil prices fall by more than $5 due to concerns over fuel demand destruction and a bleaker economic outlook.

Woodside Energy Group (ASX: WDS) experienced as much as a 2.5% slip, landing at its lowest level since July 7.

Similarly, shares of Santos (ASX: STO) saw a 2.6% fall, marking their lowest level since June 26.

If the trend continues, the sub-index is on track to record a fifth consecutive session of losses.

However, as of its last close, it was up 0.6% for the year to date.

Woodside Energy Group is an Australian petroleum exploration and production company.

Santos is another key player in the Australian energy sector, specializing in oil and gas production.