Shares in toll operator Transurban Group (ASX:TCL) have fallen as much as 2.4%, poised for their worst day since the 26th of October, if the current trend persists.

According to the toll review interim report that was released on March 11, analysts at Macquarie Capital retain their price target for the stock at AUD 13.69.

The report suggests a new toll model that fails to ensure Transurban and other road investors remain financially viable in the long term.

The review also recommends the decision-making process for tolling should lie with the Independent Pricing and Review Tribunal (IPART), thereby removing the contractual certainty of toll pricing.

As a result, Transurban’s stock has plummeted to its lowest level since February 22nd.

Macquarie analysts have expressed their concerns stating that the proposed model could put Transurban in conflict with the government and may necessitate legal remedies.

According to LSEG data, of the 15 analysts, three rate the stock as a ‘buy’ or higher, ten suggest a ‘hold’ and two recommend a ‘sell’; their median price target stands at AUD 13.51.

Year-to-Date, Transurban’s stock has dipped by 1.9% as per the closing data.

Transurban Group operates toll roads in Australia, Canada and United States and specializes in electronic toll collection.

In a promising turn of events, the Australian gold sub-index has seen an increase of up to 3.03%, reaching 7006.3 points, marking its highest value since mid-January.

This surge in value comes as gold traders anxiously look forward to the release of U.S.

inflation data.

Major contributors to the sub-index include Northern Star Resources (ASX:NST) which saw growth of up to 2.9% to A$14.25, while Evolution Mining also experienced an upswing in value by 2.8% to A$3.10.

Despite these gains, the sub-index has been down by 7.7% this year to date, in stark contrast to the 1.5% growth observed in the benchmark S&P/ASX 200 index.

Northern Star Resources is a global-scale Australian gold producer with world-class projects located across multiple regions.

Shares of Southern Cross Gold (ASX:SXG) have experienced an impressive rise of 22.6%, reaching an all-time high of A$2.090.

At a later point, they increased again by 19%.

This gold mining company announced its intentions to dual list in Canada, a decision that promises to offer the company more direct exposure to global investors.

There has seen a notable surge in trade activity with about 806,000 shares changing hands recently.

This number sharply contrasts with the otherwise average 30-day volume of 392,826 shares.

Over the last 12 months, the stock has leapt a remarkable 220%, and year-to-date, it is up 64%.

Southern Cross Gold is a leading gold mining company that operates out of Australia.

Shares of the Australian supermarket wholesaler, Metcash (ASX:MTS), expanded by an impressive 2.4% to reach A$3.9, its top level since June 26, 2023.

This surge in the company’s stock price comes following a trading update that indicated a 5% increase in total food sales, excluding tobacco, during the ten-month period that ended on February 25.

Furthermore, Metcash’s total group sales during this same period reportedly rose by a modest 0.9%.

The company’s food and liquor segments particularly excelled, showing meaningful growth supported by enhanced competitiveness and unique value propositions.

Year to date, Metcash’s shares are up by 9.2%, as per the closing figures from its previous trading session.

Metcash is an Australian supermarket wholesaler.

Highfield Resources (ASX:HFR) has announced the signing of a contract for the construction of declines at the Muga Potash Project.

The high value contract is noted to be worth 48 million euros.

The work as per the agreement is expected to kick off in the first half of 2024, contingent on the resolution of funding issues and the final investment decision.

Highfield Resources is an exploration and project development company.

Aquirian (ASX:AQN) has announced the issuance of a licence for its Wubin Emulsion Plant.

The approval, provided by Demirs, clears the way for the commercial production of the aforementioned plant.

It is anticipated that Aquirian’s Wubin Emulsion Plant will recommence operations ahead of the original schedule.

The company plans to resume production at the plant in the coming weeks.

Aquirian is a company involved in the management and operation of emulsion plants.

QANTM Intellectual Property (ASX:QIP) shares soared 18.7% to A$1.65, marking their highest level since March 2019.

The influential surge came in response to a non-binding indicative offer from Adamantem Capital.

The firm, manifesting interest in a potential buyout, proposed a price of A$1.817 per share.

This offer lays a 30.7% premium over the stock’s last close at A$1.39.

According to QANTM, Adamantem’s proposition is all-cash with scrip election of up to 50%.

Additionally, this proposal surpasses the price put forward by Rouse International Holdings in their undisclosed aim.

Despite the enticing overtures, QANTM clarifies no agreement has been finalized with any party.

The significant momentum in their stock has resulted in an rise of over 81% in the last 12 months.

QANTM Intellectual Property is a company specializing in intellectual property services, including the protection, commercialization, and enforcement of IP rights.

Dreadnought Resources (ASX:DRE) announced that The Mangaroon Ni-Cu-Co-Pge asset has gone back to its 100% ownership.

This ownership transfer occurred after First Quantum Minerals decided to withdraw their collaboration with the project.

Dreadnought Resources (ASX:DRE) is a resource company focused on exploration for gold, nickel and copper.

Commonwealth Bank of Australia (ASX:CBA) introduced a new initiative - the Business Green Loan.

This initiative targets Australian businesses, providing loan support to finance assets and initiatives aimed at reducing emissions.

The Commonwealth Bank of Australia is a multinational banking and financial services institution headquartered in Sydney, Australia.

Share prices of Resource Mining (ASX:RMI) have soared by as much as 150% to A$0.040, marked as their best day since September 18, 2020, should these gains remain consistent.

The abrupt surge is due to significant copper-gold discoveries at their Mpanda initiative in Tanzania.

The company is in anticipation of results from other potential significant anomalies.

This has led to the Resource Mining (ASX:RMI) stock reaching its highest level since October 10, 2023.

In contrast to the average 30-day volume of 101,811, about 4.2 million shares have been traded.

Even with the recent rise, the stock is still down 46.7% YTD as of the last close.

Resource Mining (ASX:RMI) is a minerals exploration company with operations across various sites.