In Case You Missed It: Cancer fighters, Kalahari copper and corporate travel on the rise

In Case You Missed It: Cancer fighters, Kalahari copper and corporate travel on the rise

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.

It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms.

ICYMI Leader Board

Stocks highlighted in green have made market-moving announcements (click headings to sort).

Bumping resources out of top spot today was medical diagnostics company Rhythm Biosciences (ASX:RHY)after being granted a UK CA Mark for ColoSTAT, the company’s test kit product to detect colorectal cancer (or bowel cancer).

The UK CA Mark means the test fully conforms with the European Directives for IVD Medical Devices (98/79/EC) and the UKCA requirements, and it will allow the company to commercialise, market and sell the product in a significant global market across the UK.

Rhythm estimates that the UK market has an addressable screening population of about 24 million people aged from 45 to 74.

“Importantly, over time we expect the market size to continue expanding, as various bodies encourage earlier age screening,” CEO Elena Deak said.

Explorer Noronex (ASX:NRX) reported a thick copper zone intercepted in drilling at its Witvlei project in Nambia’s mineral-rich Kalahari Copper Belt, which included a highlight 14m at 1.1% Cu from 109m.

The hit from the Daheim prospect came from a broader intersection of 135m at 0.33% Cu from 44m. Assays are pendingand further drilling is required to define the continuity of the system’s central core and test the extent of mineralisation, NRX says.

Corporate travel tech company Serko (ASX:SKO) said its total income increased by 154% on the pcp to $48m for FY23 driven by “a significant increase” in Booking.com sales, and strategic decisions that allowed Serko to maximise the business travel recovery.

Online bookings also rose 93% to 4.1 million from 2.2 million.

Wildcat Resources (ASX:WC8) has finally emerged from suspension after negotiating the nuts and bolts of another lithium acquisition in the Pilbara.

The historical Tabba Tabba tantalum mine and lithium-tantalum project includes a bunch of mining leases – important if you want to get into production quickly — large areas of outcropping pegmatites, and a high-grade 318,000t at 950ppm Ta2O5 tantalum deposit.

International Graphite (ASX:IG6) has found the perfect spot for its proposed Collie Graphite Battery Anode Material (BAM) facility on 20-hectares of land in the Coolangatta industrial precinct 5km north-east of the Collie town centre, in WA.

The company has signed an MOU for a 20-year lease on the property with a further 20-year extension on offer.

Retailer Temple & Webster (ASX:TPW) has reaffirmed its full year guidance range of 3-5% EBITDA and says its returned to year-on-year growth with trading in the last four weeks up 10% vs pcp.

CEO Mark Coulter said the Australian furniture & homewares category remains highly under-penetrated in terms of its shift to online, compared to the US and UK. The company

The there’s Strickland Metals (ASX:STK) who’s plan to spin off its Iroquois zinc-lead project in WA’s Earaheedy Basin has received a boost after diamond drilling returned 4.3m of massive sulphide mineralisation grading 27% zinc.

At Stockhead we tell it like it is. While International Graphite and Strickland Metals are Stockhead advertisers, they did not sponsor this article.

You might be interested in

#Case #Missed #Cancer #fighters #Kalahari #copper #corporate #travel #rise

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
TOP