The S&P/ASX 200 edged 0.1% higher to 8301.80 on Monday, recovering from early losses as bargain hunters drove a rebound in financial stocks. The index opened lower amid broad selling but reversed course by early afternoon, with six of 11 sectors advancing, led by utilities.
Gorilla Gold Mines Ltd (GG8, formerly Labyrinth Resources Limited) is an Australian gold development company with key projects in Canada and Western Australia. Recent acquisitions include the Vivien Gold Project and a 49% stake in the Comet Vale Project.
JTrader Daily: Best set ups for Monday 24th February 2025!
A1M, CMM, EDV, NEC, MND
The S&P/ASX 200 declined 0.2% to 8303.70 in afternoon trade, marking a new one-month low as weakness in consumer discretionary stocks and Commonwealth Bank weighed on the market. The Australian dollar edged above US64¢.
AIC Mines Limited (A1M) focuses on gold and copper exploration, including mine development, production, and copper concentrate sales in Australia. The company’s key projects include the Eloise Copper Mine and Jericho Copper Deposit in North Queensland, along with other regional exploration initiatives
Tamboran Resources Corporation is the largest acreage holder with ~1.9 million net prospective net acres in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia.
Earnings Update – Promedicus (PME)
Earnings Update Goodman Group (GMG)
JTrader Daily: Best set ups for Friday 21st February 2025!
BXB, RXL, CPU, EVN, A2M
The Australian sharemarket extended its sell-off on Thursday, with the S&P/ASX 200 Index dropping 1.5% to 8,297, its largest intraday decline in three weeks. A stronger-than-expected 44,000 increase in January employment tempered rate cut expectations, with odds of a May cut falling from 79% to 72%.
Whitehaven Coal (WHC) is an Australian producer of premium-quality coal focused on development and operation of coal mines in New South Wales and Queensland.
