St Barbara Ltd (ASX: SBM) could have a strong day after the gold price stormed higher. According to CNBC, the spot gold price is up 1.6% to US$1,764.70 an ounce. The precious metal was in demand with traders after bond yields retreated.
Bank of Queensland given buy rating
The
Bank of Queensland Limited (ASX: BOQ) share price is in the buy zone according to analysts at Goldman Sachs. The broker was pleased with its half year results on Thursday and responded by retaining its buy rating and lifting its price target to $9.83. Goldman believes that Bank of Queensland’s guidance for the full year is conservative and expects the bank to outperform it.
2020 Annual Report Resolute Mining Limited (ASX/LSE: RSG) has today published its 2020 Annual Report for the year ended 31 December 2020, available on the Company s website www.rml.com.au . The full financial report is available at the Company s website www.rml.com.au . The following sections are set out in this announcement: · Directors Report · Consolidated Statement of Financial Position · Consolidated Statement of Changes in Equity · Consolidated Cash Flow Statement · Notes to and forming part of the Financial Statements · Auditor s Independence Declaration · Mineral Resources and Ore Reserves Statement · Further information pertaining to the Company s operational and financial performance, sustainability performance, risk management, corporate governance and corporate directory
DDH1 (ASX:DDH) share price crashes 26% lower after IPO
James Mickleboro | March 9, 2021 1:12pm |
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The
DDH1 Limited(ASX: DDH) share price has hit the ASX boards this afternoon following the successful completion of its initial public offering (IPO).
At the time of writing, the drilling company’s shares are down a very disappointing 26% from its issue price to 81 cents.
What is DDH1?
DDH1 was founded in 2006 and provides a range of specialised drilling services to companies mining or exploring for mineral deposits in Australia.
Management notes that mineral exploration and mining companies have an ongoing need for drilling services to provide them with rock samples for analysis of their mineral content and other geological, chemical, and structural properties.
On Thursday the
S&P/ASX 200 Index (ASX: XJO) was back on form and surged higher. The benchmark index rose 0.8% to 6,834 points.
Will the market be able to build on this on Friday? Here are five things to watch:
ASX 200 to give back its gains
The Australian share market looks set to end the week on a disappointing note after a selloff on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open 70 points or 1% lower this morning. In late trade in the United States, the Dow Jones has fallen 1.5%, the S&P 500 is down 2.1%, and the Nasdaq index has sunk 3%. The latter could be bad news for Aussie tech shares today.