Ramelius Reports Record Margin But Stock Slips
Ramelius Resources (ASX:RMS) had a confusing day on the market yesterday. The Western Australian gold miner just delivered the most profitable quarter in its history, yet the share price closed 2.18% lower at A$3.59. For investors, the natural question is simple: if the business is doing this well,…
Syntara Returns After A$10m Raise and FDA Win
Syntara (ASX:SNT) resumed trading yesterday with two pieces of good news in the same week: A$10 million in fresh capital and a thumbs-up from the US FDA on its next big trial for amsulostat (formerly SNT-5505), the company's lead drug. Shares slipped 12.5% to A$0.028, suggesting some…
CPI hit 4.6%. But the trimmed mean held at 3.3%
Australia's headline inflation jumped to 4.6% in the year to March 2026, the highest level since September 2023. The Australian Bureau of Statistics released the data this morning, showing inflation accelerated sharply from February's 3.7% reading. On a quarterly basis, annual CPI accelerated to 4.1%…
RBA May Hike Again if CPI Runs Hot
The Australian Bureau of Statistics releases the March quarter inflation number at 11:30 am today, and it decides whether the Reserve Bank hikes the cash rate from 4.10% to 4.35% on 5 May. All four big four banks (CBA, NAB, Westpac and ANZ) are now forecasting a…
Capricorn Metals Falls Despite Mt Gibson Gold Upgrade
Capricorn Metals (ASX:CMM) has been under pressure recently, even after delivering one of its biggest pieces of good news this year. The mid-tier gold producer just lifted its Orion South underground resource at Mt Gibson by 31% to 895,000 ounces, and yesterday's Lexington update confirmed a 900-metre…
Elsight Stock Soars on U.S. Defence Win
Elsight (ASX:ELS) closed up 4.3% today at A$6.99, after touching a new all-time intraday high of A$7.33 on news that the company has won one of the most important defence approvals on the ASX. The company's flagship Halo connectivity platform has been included on the U.S. Department of…
Megaport Lands Major AI Infrastructure Contract
Megaport (ASX:MP1) shares touched A$9.73 during a 9% intraday rally on Monday before closing up 5% at A$9.34 after the company landed a major new contract through its Latitude.sh business. The three-year deal is worth A$35.4m and comes from a fast-growing US tech company that builds tools for enterprise…
IperionX Rises as Virginia Plant Goes 24/7
IperionX (ASX:IPX) rose 4.66% to A$4.27 on Monday after the company's March 2026 quarterly report confirmed its Virginia titanium plant is now running 24 hours a day, seven days a week. Production is still in early ramp-up mode, but management is targeting a run-rate of 200 tonnes per…
Atlas Arteria Jumps on IFM Takeover Bid
Atlas Arteria (ASX:ALX) jumped 13% on Monday to A$4.91 after IFM Global Infrastructure Fund launched a surprise A$6.89 billion hostile takeover bid. IFM already owns 34.5% of the company. It is now offering A$4.75 per share in cash. That price rises to A$5.10 if IFM's stake reaches 45%…
Broken Hill Mines prepares for a higher-grade June quarter
Broken Hill Mines (ASX:BHM) delivered a March quarter that hints at something bigger than the headline numbers suggest. Cash flow from operations jumped 45% to A$2.4 million, and metal production rose sharply across silver, lead, and zinc. But the bigger story is what is coming next.…
