Latest Asx News

Cleo Diagnostics (ASX:COV) posted a 48% jump in annual loss to $5.9 million amid key progress in its ovarian cancer diagnostic test, including completion of a pivotal US trial and preparations for FDA 510(k) submission.

Vault Minerals delivered a standout FY26 with a 54% jump in underlying EBITDA to $953 million, underpinned by strong gold prices and operational discipline. The company is on track to merge with Genesis Minerals, setting the stage for a new Australian gold powerhouse.

WhiteRock Lithium Corp. reported a CAD 5.96 million net loss for 2025, deepening its accumulated deficit amid dwindling cash reserves and a material going concern warning from auditors. The company disposed of its Chavamond property and extended warrant expiry dates in a bid to manage liquidity and capital structure.

Excite Technology Services (ASX: EXT) has secured $3.122 million in sales over June and July 2026, bolstered by government contracts and private sector recurring revenue. The company is also tapping into a growing AI cybersecurity market with a pipeline exceeding $200,000.

Medallion Metals has raised A$60 million through a targeted placement, boosting its liquidity to about A$175 million and enabling accelerated development of its Ravensthorpe Gold Project and drilling programs in Western Australia.

Whitefield Income Ltd (ASX: WHI) posted a 10.1% gross income yield for FY26 and completed a heavily oversubscribed $108 million capital raise, boosting its market cap to $400 million. The company announced fully franked dividends and highlighted a positive outlook despite geopolitical risks.

Pacific Edge’s draft Medicare Local Coverage Determination for its Cxbladder bladder cancer tests marks a pivotal step toward unlocking a $10.2 billion global market. Despite FY26 setbacks, the company is poised for growth with improved reimbursement prospects and strategic cost management.

Parkway Corporate has cleared major regulatory hurdles for its Queensland Brine Management Complex, the first Australian facility authorised to convert coal seam gas waste brine into industrial chemicals, setting a new benchmark in sustainable waste management.

Connexion Mobility Ltd reported a 10% revenue increase to US$12.3 million for FY26, driven by its software platform expansion and the acquisition of Hallam Road Automotive. Profit after tax dipped slightly by 1%, while the company continued aggressive share buybacks to enhance shareholder value.

IDT Australia reports a sharp turnaround in FY26 with a 66% reduction in net loss and an 85% improvement in EBITDA, underpinned by a strategic reset and targeted investments in manufacturing capabilities.

Genesis Resources’ recent rock chip sampling at its Arltunga tenement in the Northern Territory has revealed multiple high-grade gold assays, including a standout 28.8 g/t Au at WP-10, prompting plans for targeted drilling in 2027. Sampling at Alice Springs was limited by weather but flagged a significant copper anomaly.

McLaren Minerals reported robust assay results from 179 drill holes at its McLaren Titanium Project, revealing a consistent heavy mineral grade averaging 4.96% over 15.8 metres from surface, underpinning resource upgrade and feasibility plans.