Tag: winners and losers
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Winners and Losers: SA’s Mayne Pharma dives as US deal controversy continues
Mayne Pharma shares fell by more than 30 per cent in one day of trading last week after it released details about a letter sent to the SA company’s suitor detailing Federal Treasurer Jim Chalmers thoughts on a proposed takeover. The SA-based pharmaceutical business was currently embroiled in a takeover by US-based Cosette, which was…
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Winners and Losers: SA companies riding the critical minerals surge
South Australian critical minerals companies are reaping the rewards of a major US and Australian deal between the two countries’ leaders. US President Donald Trump and the Australian Prime Minister Anthony Albanese signed a minerals deal last week worth US$3 billion. The agreement involves the processing of minerals, and includes joint investments between the US…
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Winners and Losers: SA miner’s value doubles on back of US meeting with former PM
Shares in Resolution Minerals more than doubled in the last trading week, with record volume changing hands after it announced plans for a high-profile briefing. The company – which is advancing a major US mining project in Idaho called Horse Heaven – last Monday announced it had received an official request from former Australian Prime…
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Winners and Losers: Pre-announcement spike for 1414 Degrees
Clean energy firm 1414 Degrees last week landed an exclusive licence for a novel technology for use in lithium-ion battery anodes, which it hoped would extend its portfolio into the battery materials sector. The acquisition of the exclusive worldwide licence gives it an inroad into the growing silicone anode battery market, forecasted to reach $20.8…
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Winners and Losers: Miners dig in as Barton Gold forges ahead
Amid caution overseas about investments in artificial intelligence, Australian CPI data coming in higher than expected, and a fresh barrage of Trump trade tariffs, the standout story for South Australian stocks was in mining. Gold hit a record high on Tuesday and silver was up more than four per cent this week. Meanwhile, critical minerals…
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Winners and Losers: Renewables firm gets ‘please explain’ after share price triples
The market capitalisation of renewable energy company 1414 Degrees rose to $5 million this week, with huge interest in the company’s shares on Friday more than tripling its value. 1414 Degrees rose 272.73 per cent in the trading week to close at $0.082 per share on Friday afternoon. It was such a jump that the…
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Winners and Losers: Gold miners glow as metal hits record high
Koonenberry Gold and Marmota featured near the top of the Winners list this week, enjoying a rallying gold price which hit record highs over the trading week. Gold rallied on growing US rate cut views, which weakened the US dollar. Spot gold was trading at US$3654.74/Oz on Friday afternoon. As a result, miners and exploration…
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Winners and Losers: Top firm cops a speeding warning
Anatara Lifesciences enjoyed such a boom in trading that the ASX intervened last week. Shares in the company, which specialises in anti-obesity and IBS tech, went from a low of $0.009 to a high of $0.015 on 5 September. It closed out the week at $0.011, and a market cap of $1.7 million. There was…
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Winners and Losers: SA microcaps rise amid flurry of financial reports
After a series of disappointing results, Kelsian met expectations and promised good momentum heading into FY26. It made it into the top five Winners of the week, trailing four smaller companies, including Fortifai – formerly Mighty Kingdom – which rose 37.5 per cent to take the top spot. Mayfrield Group also rose by 34.21 per…
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Winners and Losers: Emerging minerals firm spikes
Shares in iTech Minerals nearly doubled in the trading week after the company announced the discovery of two new antimony zones in the Northern Territory. Antimony is increasingly being used in the semiconductor industry, with iTech noting the zones “appear to have been overlooked by previous explorers due to a focus on gold mineralisation”. The…