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Thanks, Tim, and welcome, everyone, to the Hidden Gems webinar today, on 9 June. Today’s theme, as you can see from the companies, is probably gold and energy transition, and they’re two very interesting topics for markets at the moment. But let me start with, I suppose, a helicopter view of equity markets and how […]

09 Jun 2023 – A snapshot of the stocks on the move featuring Limeade (ASX:LME), VRX Silica (ASX:VRX) and Marquee Resources (ASX:MQR).

Overnight, the S&P 500 experienced a 0.6 per cent increase, signalling its entry into a bull market. Similarly, the Nasdaq rose by 1 per cent, and the Dow Jones saw a gain of 0.5 per cent.  The dollar had a value of US67.10c around noon. Oil prices are set to decline for the second consecutive

WebMD Health Services will acquire Limeade (ASX:LME) for A$0.425 per share. Henry Albrecht, Limeade CEO, commented, “We are confident that the combination will bring together WebMD Health Services human expertise and Limeade technical innovation into a comprehensive solution.” Shares are trading 315 per cent higher at 41.5 cents. VRX Silica Limited (ASX:VRX) announced that the

09 Jun 2023 – Stocks climbed Thursday as the market built on its recent gains, and traders looked ahead to key inflation data next week as well as the Federal Reserve’s latest policy announcement.

Stocks climbed Thursday as the market built on its recent gains, and traders looked ahead to key inflation data next week as well as the Federal Reserve’s latest policy announcement. In addition, the latest reports show that initial jobless claims increased to 261,000, surpassing the consensus estimate of 240,000 and the previous week’s revised figure

A week after revealing a big new contract for its ‘not a lithium battery’ battery in California, Redflow (ASX:RFX) has launched a near $19 million fund raising through a one for two non-renounceable entitlement issue. The issue will be made at 21 cents a share, 9% down from the 23 cents a share on Monday

Stronger than expected economic growth in the three months to March has helped explain the sweeping surge in the Tokyo Stock Exchange in 2023. Data issued Thursday showed the second estimate of March quarter growth was much stronger than anyone had forecast – an annualised 2.7% against market forecasts of 1.9% and the first estimates

Thursday saw operational updates from local gold miners Silver Lake Resources (ASX:SLR) – albeit regarding their Sugar Zone mine in Canada – and Red 5 (ASX:RED). ………… Silver Lake Resources (ASX:SLR) has reported that its Sugar Zone mine in Canada remains closed by the terrible bushfires (wildfires as they are called in North America) now

Ratings agency Fitch on Thursday downgraded its view of Australian and New Zealand banks to “deteriorating” from “neutral”, warning of further headwinds against earnings and asset quality. Fitch said the revision has been driven by weakening economic activity and its effects on bank credit metrics in the second half of the year. The warning shouldn’t