2 months ago
The Australian small-cap market strengthened on Monday, with the S&P/ASX Small Ordinaries (XSO) closing at 3,567.00, up 16.50 points or 0.46% for the session.
The index has now gained 46.50 points or 1.32% over the past five trading days, maintaining positive momentum as investors continue to look across the smaller end of the market for growth opportunities.
Resource companies will also get the chance to show their wares directly to investors this week, with the RIU Resources Investor Roadshow kicking off today at Melbourne's Sofitel on Collins before heading to Sydney's Swissôtel on Thursday. You can check out the program here.
Meanwhile, several companies updated the market on their movements this morning. You can read about the following and more throughout the day.
Horizon Gold Ltd (ASX:HRN, OTC:HZGLF, FRA:HO0) has returned numerous significant gold intercepts from reverse circulation drilling at its 100%-owned Gum Creek Gold Project in Western Australia's Mid-West.
#ordinaries
The index has now gained 46.50 points or 1.32% over the past five trading days, maintaining positive momentum as investors continue to look across the smaller end of the market for growth opportunities.
Resource companies will also get the chance to show their wares directly to investors this week, with the RIU Resources Investor Roadshow kicking off today at Melbourne's Sofitel on Collins before heading to Sydney's Swissôtel on Thursday. You can check out the program here.
Meanwhile, several companies updated the market on their movements this morning. You can read about the following and more throughout the day.
Horizon Gold Ltd (ASX:HRN, OTC:HZGLF, FRA:HO0) has returned numerous significant gold intercepts from reverse circulation drilling at its 100%-owned Gum Creek Gold Project in Western Australia's Mid-West.
#ordinaries
4 months ago
The S&P/ASX Small Ordinaries index was weaker on Wednesday, falling 43.70 points, or 1.27%, to 3,390.80.
The move extended recent weakness for the small-cap benchmark, which is now down 56.10 points, or 1.63%, over the past five trading days.
Several ASX-listed resource stocks have delivered operational, corporate and strategic updates this morning, with gold production, leadership appointments, project consolidation and critical minerals strategy among the key themes.
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) produced 42,491 ounces of gold equivalent during the June quarter, covering the period from April 1 to June 30, 2026.
The company ended the quarter in a strong financial position, with cash of $432 million, bullion valued at $7 million and listed investments worth $15 million, taking total liquidity and investments to $454 million.
The move extended recent weakness for the small-cap benchmark, which is now down 56.10 points, or 1.63%, over the past five trading days.
Several ASX-listed resource stocks have delivered operational, corporate and strategic updates this morning, with gold production, leadership appointments, project consolidation and critical minerals strategy among the key themes.
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) produced 42,491 ounces of gold equivalent during the June quarter, covering the period from April 1 to June 30, 2026.
The company ended the quarter in a strong financial position, with cash of $432 million, bullion valued at $7 million and listed investments worth $15 million, taking total liquidity and investments to $454 million.