Hello, I'm Sage and thanks for joining me on Kalkine TV for Top ASX Buzzing Stocks For
the Day. Let's look at the ASX listed five stocks that are in the news today because
of the price-sensitive announcement.
Australian Mining company Gold Road Resource today announced its June 2022 quarterly report.
During the quarter, Gold Road sold 44,526 ounces of gold for sales revenue of $111.2
million. Its Gruyere Mine produced 85,6761 ounces of gold. The increased production quarter
on quarter was the result of record high head grades, as well as record high quarterly processing
throughput. The company also record free cash flow of $43.6 million for the quarter. Gold
Road Resources traded at AU$ 1.30, up by 4.86% in the morning trading session.
Next, another Australian exploration and mining company Ramelius Resources also announced
its June 2022 quarterly activities report. The company generated quarterly group gold
production of 67,418 ounces. Ramelius financial year 2022 group production stood at 258,625
ounces. Meanwhile, Gold sales for the June 2022 quarter were 67,632 ounces for gold sales
revenue of A$169.6 million. Ramelius Resources traded at AU$ 1.11, up by 7.48% at the opening
of market.
Moving on – Macquarie Group today provided an update on the first quarter of its 2023
financial year ahead of its 2022 annual general meeting. Macquarie Group Managing Director
and Chief Executive Officer, Shemara Wikramanayake, said that favourable trading conditions saw
Macquarie’s operating groups deliver net profit contribution that was up on the first
quarter of the 2022 financial year, although trading conditions did soften during the quarter. Banking
and Financial Services business of Macquarie held A$106.4 billion in total deposits, up
by 9% than the preceding quarter. While home loan portfolio grew 8%. Also, A$12.1 billion
in new equity was raised in private markets. Macquarie Group traded at AU$ 178.28, up by 2.62% in
the morning trading session.
Next up, ASX-listed payments technology provider Openpay Group released its quarterly business
update for the period ended 30 June 2022. The company’s total quarterly revenue including
OpyPro reached a record $8.5 million, up 80% compared to previous corresponding period.
Openpay’s revenue Margin has improved from 7.3% in quarter 4 of the financial year 2021.
Openpay Group traded at AU$ 0.51, up by 52.24% in the morning trading session.
Lastly, ASX-listed consumer firm Airtasker announced its June 2022 quarterly activity
report. Airtasker’s quarter four results saw gross marketplace volume grow 38.3% on
the prior comparative period while revenue increased 30.6%. Its UK supply and demand
doubled with UK gross marketplace volume up 104% on the prior comparative period and US
posted task growth up 49% quarter-on-quarter. Airtasker shares traded at AU$ 0.32, up by 12.28% as
of opening of the market .
ALRIGHT, that's all for this edition of Top ASX Buzzing Stocks For the Day; another episode
is coming your way. Until then, make sure to keep it locked on Kalkine TV for the latest
market insights and business news. I'm Sage, signing off for now.