Latest Financials News

Clarity Pharmaceuticals has bolstered its financial position with a $203 million institutional placement and reported positive Phase II trial results for its lead prostate cancer diagnostic, Cu-SAR-bisPSMA. The company also expanded its pipeline with promising preclinical data on a pan-cancer agent and secured a key copper-67 supply agreement to support future commercialisation.

Income Asset Management has issued 34 million new equity-linked securities to key staff, potentially diluting shares by 3.7%, aiming to better align employee rewards with shareholder value.

Echelon Resources reported a solid quarter with production gains at Maari and Mahato fields, supported by new wells and a strategic gas sales agreement, while maintaining shareholder returns through dividends.

The Star Entertainment Group reported a 5% revenue increase in Q1 FY26 and a halving of its EBITDA loss, while navigating regulatory challenges and advancing a major joint venture exit.

Auravelle Metals reports exceptional high-grade gold results from its initial drilling at South Australia's Nuckulla Hill Project, alongside ongoing exploration efforts in Western Australia and a successful capital raise.

Cobram Estate Olives Limited has reported a record-breaking FY2025, driven by strong sales growth in Australia and the USA, alongside a $178 million equity raise to accelerate its Californian olive grove expansion.

Kingsrose Mining advances exploration in Norway’s Finnmark region with new geophysical anomalies, while navigating permitting challenges in Finland and focusing on strategic M&A under new leadership.

Australian Pacific Coal’s Dartbrook Mine has entered voluntary administration and receivership, with the company’s interest now considered to hold no value amid mounting secured debt pressures. Despite this, the company remains solvent with limited cash reserves and continues to assess its next steps.

Mad Paws Holdings reported a robust September quarter with 14% revenue growth and a successful divestment of Pet Chemist, while advancing its acquisition scheme with Rover Group.

Western Mines Group has reported significant nickel sulphide mineralisation in its ongoing Phase 4 drilling at the Mulga Tank Project, alongside securing $3.72 million in fresh capital to accelerate exploration efforts.

Rivco Australia Limited reported a steady quarterly performance with NAV growth and declared its 17th consecutive increasing dividend, while progressing its strategic internalisation.

Memphasys has sharpened its commercial focus on the Felix™ System, securing a major distribution expansion in the MENA region and cutting operational costs by 40%, setting the stage for a global market push.