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Does the Rising Price of Gold Make Aurumin (ASX: AUN) a BUY?

Does the Rising Price of Gold Make Aurumin (ASX: AUN) a BUY?

Aurumin listed on the ASX in 2020 with early positive drilling results on its Mt Dimer Project. After hitting an all-time high in mid-2021, the share price collapsed. Aurumin has now sold Mt Dimer, coupled with a capital raise, fully funding the company’s work at its Sandstone project. In December of 2021, junior gold explorer…

QBE Insurance Group Ltd (ASX:QBE) Stellar Performance and Bumper Dividend Payouts

QBE Insurance Group (ASX:QBE) has emerged with a gleaming report card, boasting a significant upswing in its net income to US$1.355 billion for the year ended December 31, 2023. As a reward to its shareholders, QBE upped its final dividend to A$0.48 per share for 2023, likely stirring the interest of yield-hungry investors. QBE closed…

The Best ASX Blue Chip and Large Cap Stocks to Buy in 2023

ASX200 Evening Roundup

The Australian stock market capped off an extraordinary week, with the ASX 200 soaring to set a new record, reflecting a surge of unrestrained demand from investors. The benchmark index firmly concluded the trading session on a high note, advancing 77.3 points or gaining 0.99% to establish a fresh record. In what has been an…

Ride Red 5 Limited’s (ASX:RED) Institutional Investors With 52% Ownership Enjoy Recent Stock Performance

Red 5 Limited (ASX:RED) up 4.11% today, is an Australian gold mining company, has become a notable example of the influence institutional investors can have on a company’s share price and overall performance. Currently, these heavyweight shareholders comprise 52% of the company’s ownership, exerting considerable sway on its market behavior. This high level of institutional…

Tesla shares (NASDAQ: TSLA) trading up in premarket despite price target revisions

Tesla shares (NASDAQ: TSLA) are trading 0.46% up in the pre-market, adding to yesterdays’ gain of 1.22%. This will be a welcome respite for shareholders who have seen values dip 10.99% over the last month and 27.61% YTD as some of the sentiment surrounding EV giant shifts gear. As Tesla gears up to report its…

Robinhood share price (NASDAQ:HOOD ) is up 130% in 12 months & bounces on new credit card launch

Shares in Robinhood Markets (NASDAQ: HOOD) are up 2.83% midway through the US trading day, as news of a new credit card product hits the markets. Investors showed renewed optimism as the company’s stock price enjoyed an uptick following the announcement of a novel financial product aimed at its customer base. Amidst a competitive environment…

Cleanaway Waste Management Benefits from Recycling Growth

Cleanaway Waste Management Benefits from Recycling Growth

Cleanaway is the largest waste management company listed on the ASX. The company has a stable record of financial performance. Cleanaway publishes an annual Recycling Behaviours Report. In December of 2023 a $50 million dollar facility for recycling plastic bottles began construction in Melbourne, with Cleanaway a major player in the multi-party joint venture behind…

Penny Stock Venture Minerals Up Triple Digits Year to Date

Is Red-Hot Penny Stock Venture Minerals (VMS) a BUY?

Venture Minerals has six projects in various stages of development. With the exception of iron ore, the other five all target critical minerals for the green energy transition. The company’s share price year to date is up 228.5%. Venture has many irons in the fire, with the Jupiter Rare Earth Element (REE) Prospect, part of…

The Best ASX Blue Chip and Large Cap Stocks to Buy in 2023

Property and Energy Sectors Lead as ASX 200 Edges Towards a Record Breaking Finish

The market edged closer to historical heights on Tuesday, as the ASX 200 index inched within touching distance of a record-breaking finish. The day’s trading concluded with the index up by 41.3 points, an appreciable 0.53% increase, signaling strong investor confidence across the broad market. Investors were seemingly un-swayed by a lack of major economic…

Xero (ASX:XRO) Shareholders Continue Celebrations : Up 181.83% Over 5 Years

Xero Limited (ASX:XRO), a powerhouse in cloud-based accounting software, has provided its shareholders with robust returns, significantly outperforming many of its peers and the broader market. Over a notable five-year span, Xero’s share price has surged by 181.83%, translating into an impressive compound annual growth rate (CAGR) of 23%. This trend has not waned in…