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Shares of Coronado Global Resources Inc (ASX: CRN) surged 42.9% in morning trade to 15.0 cents, rebounding from yesterday’s close of 10.5 cents, after the coal miner announced a significant refinancing deal aimed at stabilizing its financial footing. The sharp uptick came after Coronado …
NIB Holdings Ltd (ASX: NHF) shares declined nearly 2% to AUD6.84 on Wednesday, underperforming the broader S&P/ASX 200 Index, which rose 0.72% to 8,528.00. The decline is attributed to investor profit taking following a 24% year-to-date rally in the private health insurer’s stock. Despite …
West African Resources Ltd (ASX: WAF) shares dropped 2.5% on Wednesday to AUD2.76 following an operational update regarding its projects in Burkina Faso. The company confirmed it will transfer an additional 5% equity stake in its operating assets to the Government of Burkina Faso. …
Evolution Mining Ltd (ASX: EVN) shares dropped 2% on Wednesday to AUD9.30 as gold prices retreated in global markets. The weakness extended across Australia’s gold sector, with the S&P/ASX All Ordinaries Gold Index falling 0.7% for the day. The drop in gold prices overnight …
Virgin Australia, Australia's second-largest airline behind Qantas (ASX: QAN), is planning an initial public offering (IPO) to raise approximately AUD685 million (AUD442.78 million USD), according to a term sheet reviewed by Reuters on Wednesday. The airline has set the IPO offer price at AUD2.90 …
IDP Education (ASX: IEL) shares rose 1.3% to AUD3.93 on Wednesday, recovering slightly after a steep 48% plunge on Tuesday. This modest rebound followed five consecutive sessions of declines for the education services provider. The rise mirrored gains in the broader ASX200 index (.AXJO), …
Pilbara Minerals Ltd (ASX: PLS) continued to face pressure in its share price on Tuesday, trading around AUD 1.13 as the company announced the departure of Chief Financial Officer Luke Bortoli. Bortoli, who joined Pilbara Minerals in early 2023 after serving as CFO at …
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