Latest news with #KingsgateConsolidated
News.com.au
01-07-2025
- Business
- News.com.au
Closing Bell: ASX ends flat as info tech rally falters
ASX slips back to even, losing just 1.2 points Info tech sector reverses course, retreating from 1.2pc gain to just 0.2pc Gold shines as USD falls; All Ord Gold index adds 1.09pc Gold shines, tech declines The info tech sector was providing the majority of the ASX's momentum this morning, up about 1.2%. As the day stretched long, the info tech gains evaporated, leaving the ASX 200 almost exactly where it started, down 1.2 points or 0.1%. Defensive stocks stood their ground; utilities added 0.91% and real estate 0.75%. Gold also made progress, gaining against a faltering greenback as the mounting clamour for interest rate cuts on Wall Street puts pressure on the US dollar. The ASX All Ord Gold industry added 1.09%, alongside a 0.42% uptick for the Small Ords. A lot of that movement was in penny stocks, but Emerald Resources (ASX:EMR) added 3.3%, Red Hill Minerals (ASX:RHI) 5%, Kingsgate Consolidated (ASX:KCN) 7% and Saturn Metals (ASX:STN) 12.5%. ASX SMALL CAP LEADERS Today's best performing small cap stocks: Security Name Last % Change Volume Market Cap EWC Energy World Corpor. 0.048 129% 14856294 $64,657,346 AOA Ausmon Resorces 0.002 100% 1329400 $1,311,213 CT1 Constellation Tech 0.002 100% 3113189 $1,474,734 NXS Next Science Limited 0.11 64% 9215319 $19,574,736 ADDDB Adavale Resource Ltd 0.032 60% 213697 $2,287,279 HMD Heramed Limited 0.011 57% 8474550 $6,129,219 IS3 I Synergy Group Ltd 0.0015 50% 2180451 $1,502,190 TEG Triangle Energy Ltd 0.003 50% 1104532 $4,178,468 SRL Sunrise 1.175 46% 2178862 $92,758,060 EV1 Evolutionenergy 0.015 36% 399417 $3,989,155 CZN Corazon Ltd 0.002 33% 525391 $1,776,858 M2R Miramar 0.004 33% 2150000 $2,990,470 RNX Renegade Exploration 0.004 33% 2165000 $3,865,090 VFX Visionflex Group Ltd 0.002 33% 3500000 $5,051,791 WBE Whitebark Energy 0.004 33% 2960000 $2,062,001 ICG Inca Minerals Ltd 0.012 33% 5049324 $14,187,511 ENX Enegex Limited 0.017 31% 43999 $4,951,987 GLA Gladiator Resources 0.009 29% 426348 $5,308,078 OMX Orangeminerals 0.077 28% 1426132 $8,286,137 PUR Pursuit Minerals 0.057 27% 965382 $4,488,028 NSB Neuroscientific 0.11 26% 2451852 $28,934,086 EGG Enero Group Ltd 0.865 26% 503556 $62,153,558 PNN Power Minerals Ltd 0.069 25% 1401168 $7,004,950 RMI Resource Mining Corp 0.015 25% 2838012 $8,813,440 ADR Adherium Ltd 0.005 25% 607622 $3,593,916 Energy World (ASX:EWC) is preparing to restructure its capital and management under a proposal that would see US$440 million in debt transformed into shares. EWC is converting its debt with Slipform Engineering Group into shares at $0.88 each, valuing them at 44-times its current 30-day VWAP of $0.02. EWC managing director Brian Allen will also step down from the position after 24 years, with new interim chair Alan Jowell and CEO Edward McCartin taking up their roles effective today. The company has opted to engage in a share conversion with Slipform, owned by the Elliott family (founder and EWC CEO Stewart Elliott passed away last year), in order to repay the outstanding debt. Next Science (ASX:NXS) is looking to offload the vast majority of its assets and intellectual property in an asset purchase agreement with Demetra Holdings S.p.A for a total sale price of US$50 million. NXS will retain ownership of the durable medical equipment segment and intends to return the net proceeds of the sale to shareholders to the tune of US$30 million. Management has signalled it intends to vote in favour of the transaction at the next EGM. Sunrise Energy Metals (ASX:SRL) has wrapped up a heavily oversubscribed $1.5m share purchase plan. The company could only accept 37.5% of subscription offers, after shareholders asked for $4m. Renegade Exploration (ASX:RNX) has unearthed multiple silver rock chips grading above 1000 g/t at the Broken Hills project in Nevada, US. Five rock chips exceeded 1020 g/t silver with additional gold values up to 16.21 g/t gold, peaking at 2469 g/t silver. ASX SMALL CAP LAGGARDS Today's worst performing small cap stocks: Security Name Last % Change Volume Market Cap GMN Gold Mountain Ltd 0.001 -33% 235592 $8,429,639 VMLDB Vital Metals Limited 0.067 -33% 11648 $11,790,134 AN1 Anagenics Limited 0.004 -20% 30000 $2,481,602 KPO Kalina Power Limited 0.004 -20% 4906284 $14,664,978 ROG Red Sky Energy. 0.004 -20% 6944305 $27,111,136 SIS Simble Solutions 0.004 -20% 250000 $5,411,652 SRJ SRJ Technologies 0.004 -20% 3561707 $3,027,890 TMX Terrain Minerals 0.002 -20% 9000136 $6,329,536 GBZ GBM Rsources Ltd 0.014 -18% 14131740 $24,069,639 TMK TMK Energy Limited 0.0025 -17% 7819005 $30,667,149 AON Apollo Minerals Ltd 0.006 -14% 1362333 $6,499,198 LML Lincoln Minerals 0.006 -14% 2107369 $14,717,988 T88 Taitonresources 0.06 -14% 13100 $5,212,016 ADC Acdc Metals Ltd 0.04 -13% 285381 $3,439,656 IFG Infocusgroup Hldltd 0.014 -13% 2904816 $4,415,389 NAG Nagambie Resources 0.014 -13% 1891 $12,852,838 KAM K2 Asset Mgmt Hldgs 0.065 -12% 6250 $17,840,305 SPD Southernpalladium 0.59 -12% 19389 $71,656,500 PCK Painchek Ltd 0.04 -11% 103757 $82,892,520 AAJ Aruma Resources Ltd 0.008 -11% 30000 $2,951,465 ADG Adelong Gold Limited 0.004 -11% 6915887 $9,309,045 AM5 Antares Metals 0.008 -11% 1160500 $4,633,676 CLG Close Loop 0.032 -11% 4353864 $19,146,595 DRE Dreadnought Resources Ltd 0.008 -11% 3790981 $45,715,500 GSM Golden State Mining 0.008 -11% 47098 $2,514,336 IN CASE YOU MISSED IT Asian Battery Metals (ASX:AZ9) has demonstrated the strength of the Yambat mineralised system in Mongolia with more high-grade copper-nickel intersections. Many Peaks Minerals (ASX:MPK) has retained an exclusive option to acquire 100% of the Baga gold project in Côte d'Ivoire. StockTake: Uvre (ASX:UVA) to dot the i's and cross the t's on New Zealand gold pickup. IoT tech company X2M Connect (ASX:X2M) has taken a 7% stake in Dicode after a major UAE contract win. Codeifai (ASX:CDE) is set to acquire AI-backed, quantum-secure platform from Canada's Credissential Inc. Magmatic Resources (ASX:MAG) has completed the first stage of its purchase for the highly prospective Weebo gold project in WA's Goldfields. Future Battery Minerals (ASX:FBM) has uncovered six new gold anomalies at its Burbanks East tenements. LAST ORDERS New Age Exploration (ASX:NAE) has locked in a $1 per tonne royalty for the first 15 million tonnes of any mineral ore or concentrate extracted from the Lochinvar coal project in the UK, completing the sale of the asset. Management reckons the royalties could be worth up to $15 million, while the sale itself allows NAE to focus its resources on its gold and lithium projects closer to home. TRADING HALTS Alphinity Global Equity Fund (ASX:XALG) – technical issue Alphinity Global Sustainable Equity Fund (ASX:XASG) – technical issue Australian Oil Company (ASX:AOK) – settlement deed Butn Ltd (ASX:BTN) – debt refinancing Falcon Metals (ASX:FAL) – exploration results Finder Energy Holdings (ASX:FDR) – cap raise Resources & Energy Group (ASX:REZ) – cap raise Santa Fe Minerals (ASX:SFM) – cap raise Yojee Ltd (ASX:YOJ) – cap raise At Stockhead, we tell it like it is. While New Age Exploration is a Stockhead advertiser, it did not sponsor this article.
Yahoo
12-05-2025
- Business
- Yahoo
3 Promising ASX Penny Stocks With Market Caps Up To A$600M
The ASX200 is set to open 0.72% higher today, reflecting cautious optimism as investors focus on key trade negotiations between the United States and China. In the context of this market landscape, penny stocks—though an outdated term—remain a relevant area for investment, often highlighting smaller or less-established companies with potential value. By focusing on those with strong financials and clear growth prospects, investors can uncover hidden gems within this segment of the market. Name Share Price Market Cap Financial Health Rating CTI Logistics (ASX:CLX) A$1.74 A$140.15M ★★★★☆☆ Accent Group (ASX:AX1) A$1.94 A$1.1B ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$1.55 A$73.12M ★★★★★★ IVE Group (ASX:IGL) A$2.71 A$417.83M ★★★★★☆ GTN (ASX:GTN) A$0.625 A$119.45M ★★★★★★ GR Engineering Services (ASX:GNG) A$2.69 A$450.18M ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$3.34 A$158.48M ★★★★★★ Regal Partners (ASX:RPL) A$2.43 A$816.88M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.515 A$742.47M ★★★★★☆ NRW Holdings (ASX:NWH) A$2.83 A$1.29B ★★★★★☆ Click here to see the full list of 989 stocks from our ASX Penny Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Kingsgate Consolidated Limited focuses on the exploration, development, and mining of gold and silver mineral properties with a market cap of A$536.12 million. Operations: The company generates revenue primarily from its Chatree segment, amounting to A$210.69 million. Market Cap: A$536.12M Kingsgate Consolidated has shown significant financial improvement, with recent earnings growth of 1203%, surpassing industry averages. The company reported a net income of A$2.45 million for the half year ending December 31, 2024, compared to a loss in the previous year. Its debt is well covered by operating cash flow at 69%, and interest payments are comfortably managed with EBIT coverage of 17.2 times. The stock is trading significantly below its estimated fair value and offers good relative value compared to peers. Kingsgate's board is experienced, although short-term assets do not cover long-term liabilities fully. Click here and access our complete financial health analysis report to understand the dynamics of Kingsgate Consolidated. Understand Kingsgate Consolidated's earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: NobleOak Life Limited, with a market cap of A$130.72 million, manufactures and distributes life insurance products in Australia. Operations: The company's revenue is derived from three segments: Genus (A$15.00 million), Direct (A$94.32 million), and Strategic Partnerships (A$280.57 million). Market Cap: A$130.72M NobleOak Life Limited, with a market cap of A$130.72 million, demonstrates strong financial health and growth potential. The company reported significant earnings growth of 111.2% over the past year, surpassing industry averages. Its short-term assets (A$380.4M) comfortably cover both short-term liabilities (A$215.6M) and long-term liabilities (A$192.4M). NobleOak is debt-free, eliminating concerns about interest payments or cash flow coverage for debt obligations. Despite recent insider selling activity, the stock trades at a good value compared to its estimated fair value and peers in the industry, supported by an experienced management team with seasoned board oversight. Navigate through the intricacies of NobleOak Life with our comprehensive balance sheet health report here. Evaluate NobleOak Life's prospects by accessing our earnings growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Shaver Shop Group Limited is a retailer of personal care and grooming products operating in Australia and New Zealand, with a market capitalization of A$178.18 million. Operations: The company generates revenue primarily from retail store sales of specialist personal grooming products, totaling A$218.14 million. Market Cap: A$178.18M Shaver Shop Group Limited, with a market capitalization of A$178.18 million, has shown resilience despite recent challenges. The company is debt-free and maintains a strong balance sheet, with short-term assets (A$62.1M) exceeding both short-term (A$51.0M) and long-term liabilities (A$19.2M). Recent sales data indicates slight improvement in growth trends, particularly in online sales during the second half of fiscal year 2025. Although net profit margins have slightly decreased to 6.7% from 7.1%, the company's seasoned management team continues to provide stability amid modest earnings growth forecasts of approximately 7.96% annually. Take a closer look at Shaver Shop Group's potential here in our financial health report. Examine Shaver Shop Group's earnings growth report to understand how analysts expect it to perform. Navigate through the entire inventory of 989 ASX Penny Stocks here. Interested In Other Possibilities? Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:KCN ASX:NOL and ASX:SSG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
3 Promising ASX Penny Stocks With Market Caps Up To A$600M
The ASX200 is set to open 0.72% higher today, reflecting cautious optimism as investors focus on key trade negotiations between the United States and China. In the context of this market landscape, penny stocks—though an outdated term—remain a relevant area for investment, often highlighting smaller or less-established companies with potential value. By focusing on those with strong financials and clear growth prospects, investors can uncover hidden gems within this segment of the market. Name Share Price Market Cap Financial Health Rating CTI Logistics (ASX:CLX) A$1.74 A$140.15M ★★★★☆☆ Accent Group (ASX:AX1) A$1.94 A$1.1B ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$1.55 A$73.12M ★★★★★★ IVE Group (ASX:IGL) A$2.71 A$417.83M ★★★★★☆ GTN (ASX:GTN) A$0.625 A$119.45M ★★★★★★ GR Engineering Services (ASX:GNG) A$2.69 A$450.18M ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$3.34 A$158.48M ★★★★★★ Regal Partners (ASX:RPL) A$2.43 A$816.88M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.515 A$742.47M ★★★★★☆ NRW Holdings (ASX:NWH) A$2.83 A$1.29B ★★★★★☆ Click here to see the full list of 989 stocks from our ASX Penny Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Kingsgate Consolidated Limited focuses on the exploration, development, and mining of gold and silver mineral properties with a market cap of A$536.12 million. Operations: The company generates revenue primarily from its Chatree segment, amounting to A$210.69 million. Market Cap: A$536.12M Kingsgate Consolidated has shown significant financial improvement, with recent earnings growth of 1203%, surpassing industry averages. The company reported a net income of A$2.45 million for the half year ending December 31, 2024, compared to a loss in the previous year. Its debt is well covered by operating cash flow at 69%, and interest payments are comfortably managed with EBIT coverage of 17.2 times. The stock is trading significantly below its estimated fair value and offers good relative value compared to peers. Kingsgate's board is experienced, although short-term assets do not cover long-term liabilities fully. Click here and access our complete financial health analysis report to understand the dynamics of Kingsgate Consolidated. Understand Kingsgate Consolidated's earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: NobleOak Life Limited, with a market cap of A$130.72 million, manufactures and distributes life insurance products in Australia. Operations: The company's revenue is derived from three segments: Genus (A$15.00 million), Direct (A$94.32 million), and Strategic Partnerships (A$280.57 million). Market Cap: A$130.72M NobleOak Life Limited, with a market cap of A$130.72 million, demonstrates strong financial health and growth potential. The company reported significant earnings growth of 111.2% over the past year, surpassing industry averages. Its short-term assets (A$380.4M) comfortably cover both short-term liabilities (A$215.6M) and long-term liabilities (A$192.4M). NobleOak is debt-free, eliminating concerns about interest payments or cash flow coverage for debt obligations. Despite recent insider selling activity, the stock trades at a good value compared to its estimated fair value and peers in the industry, supported by an experienced management team with seasoned board oversight. Navigate through the intricacies of NobleOak Life with our comprehensive balance sheet health report here. Evaluate NobleOak Life's prospects by accessing our earnings growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Shaver Shop Group Limited is a retailer of personal care and grooming products operating in Australia and New Zealand, with a market capitalization of A$178.18 million. Operations: The company generates revenue primarily from retail store sales of specialist personal grooming products, totaling A$218.14 million. Market Cap: A$178.18M Shaver Shop Group Limited, with a market capitalization of A$178.18 million, has shown resilience despite recent challenges. The company is debt-free and maintains a strong balance sheet, with short-term assets (A$62.1M) exceeding both short-term (A$51.0M) and long-term liabilities (A$19.2M). Recent sales data indicates slight improvement in growth trends, particularly in online sales during the second half of fiscal year 2025. Although net profit margins have slightly decreased to 6.7% from 7.1%, the company's seasoned management team continues to provide stability amid modest earnings growth forecasts of approximately 7.96% annually. Take a closer look at Shaver Shop Group's potential here in our financial health report. Examine Shaver Shop Group's earnings growth report to understand how analysts expect it to perform. Navigate through the entire inventory of 989 ASX Penny Stocks here. Interested In Other Possibilities? Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:KCN ASX:NOL and ASX:SSG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
