IGO [ASX:IGO] Celebrates Record Results but Shares Take a Tumble
The lithium company saw its shares falling 7%, even after it announced record dividends, surging EBITDA, and profit backed by strong lithium pricing.
The lithium company saw its shares falling 7%, even after it announced record dividends, surging EBITDA, and profit backed by strong lithium pricing.
By Mahlia Stewart,
Flight Centre is entering the global luxury travel market with the acquisition of UK brand Scott Dunn, an enterprise worth AU $211 million.
By Mahlia Stewart,
OZ Minerals celebrates a record high in copper production, with 36,307 tonnes copper produced for the quarter ending 31 December. This has meant the metals producer easily met output and cost guidance in 2022.
By Mahlia Stewart,
Lynas reports sales revenue of $232.7 million for the three months to 31 December, up from $202.7 million in Q2 FY22.
By Mahlia Stewart,
Strike reports highlights for the Q4 22 and WA gas outlook, shares slip by the afternoon.
By Mahlia Stewart,
Lithium miner Argosy was flat in share price today, even as the company declared the booming age of lithium production — and pricing — continues.
By Mahlia Stewart,
Fortescue is on track to meet the top end of its export target after reporting it’s ‘best ever’ half year.
By Mahlia Stewart,
In its latest earnings guidance update, Origin expects EBITDA to reach the range of $600 million to $730 million as natural gas and electricity profits increase.
By Mahlia Stewart,
Medical devices and cloud applications developer ResMed has reached $1.4 billion in revenue, an increase of 16%, growing profits by 13% and non-GAAP operating profits by 14%.
By Mahlia Stewart,
Wagering platform BlueBet released its results for Q2 FY23. Turnover increased by 6.6% but wins and win margins decreased. Market spending rose with talk of a new competitor entering the arena.
By Mahlia Stewart,
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