Recce secures A$85m R&D backing as Phase 3 nears
Recce Pharmaceuticals (ASX: RCE) hit a one-week high after landing an A$85 million Advanced Overseas Finding from AusIndustry. This ruling is among the largest reported under Australia’s R&D Tax Incentive program. The finding means Recce's international clinical programs now qualify for the government's 43.5% tax rebate…
Cynata Therapeutics (ASX: CYP) has completed patient enrollment in its Phase 2 clinical trial of a stem cell treatment called CYP-001 for acute graft versus host disease (aGvHD), a potentially life-threatening complication that affects up to 50 per cent of bone marrow transplant patients. With 65 participants now enrolled across clinical centres in the US,…
Medallion’s A$60M Raise Sets Up a 2026 Production Push
Medallion Metals (ASX: MM8) has secured an A$60 million funding package, with Lion Selection Group committing A$5 million to the raise. For investors watching the junior gold developer space, this backing from one of Australia's most respected resource-focused investment groups signals strong institutional conviction in the…
Neuren Pharmaceuticals (ASX: NEU) rose 2.5% yesterday after the US FDA approved DAYBUE STIX, a new powder formulation of its Rett syndrome treatment. The stock has surged 47% over the past year, significantly outperforming the broader ASX, and now trades at a market capitalisation of around AUD 2.55 billion. For investors watching the healthcare space,…
Gorilla Gold surges after a 900% resource increase: what's next?
Gorilla Gold (ASX: GG8) climbed another 5% yesterday after announcing a 900% jump in gold resources at its Comet Vale project in Western Australia. The resource has grown from around 96,000 ounces to 860,000 ounces, a remarkable result for a company that has quietly become…
South32 (ASX: S32) climbed 3.6% on Friday after Macquarie upgraded the stock to Outperform with an A$3.70 price target. The broker pointed to improved returns and a favourable commodity backdrop as reasons for the bullish shift. For investors watching the ASX resources space, this upgrade comes at an interesting time. Silver has surged 119% year-to-date, copper…
Alcoa’s (ASX: AAI) share price has almost doubled from its 52-week low of A$36.20 and is now trading around A$58. The stock hit a high of A$73.21 earlier this year before pulling back, but the business keeps getting stronger. Record smelter production, aluminium prices at their highest level in three years, and a major gallium…
BMC Minerals (ASX: BMC) made a strong entrance on the ASX on Friday, surging 25% from the A$2.00 IPO price to close at A$2.50. The oversubscribed A$100 million raising gives the company a market cap of roughly A$550 million, making it the largest non-gold mining IPO on the ASX since 29Metals in 2021. For investors,…
Newmont at record highs: buy or wait?
Newmont (ASX: NEM) has delivered one of the standout performances on the ASX this year, surging approximately 135 per cent to trade near AUD $150 per share as gold prices soar to record highs near USD $4,300 per ounce. The world's largest gold miner is generating record free…
The Australian Securities Exchange (ASX) has become one of the most active and diverse financial marketplaces in the Asia-Pacific region, and among its many listed sectors, gambling-related companies occupy a unique and influential position.
These firms range from global gaming-technology providers to sports-betting operators and payment-service companies. Understanding how gambling stocks work on the ASX requires…
