Author: Shawn Hickman
Sandfire Resources (SFR) and South32 (S32) are drifting lower this morning after being downgraded by Morgan Stanley.
US-focused titanium company IPX has bounced more than 10% this morning on no real news.
The ASXLTD (ASX) is trading up well over 3% today helped by an upgrade by CLSA with Price Target of $63.
Paladin (PDN) along with the ASX uranium sector is soaring today as after Google’s parent Alphabet agreed to buy nuclear power from Constellation Energy in a deal that will spur the addition of 890 megawatts of new reactor capacity.
Elsight (ELS) is down on now specific news although defence stocks in general are enduring a tough session.
Liontown Ltd (LTR) has plunged over 10% to 52-week low as costs blow out for its Kathleen Valley expansion.
Northern Star (NST) has popped another ~8% this morning on talk Gold Fields are considering increasing their recent bid with cash.
Megaport (MP1) shares have popped over 15% after boosting FY revenue and EBITDA forecasts.
Northern Star (NST) has popped ~10% this morning after rejecting Gold Fields A$38.7bn bid.
Sol Patts is trading up ~8% while the ASX 200 suffers triple digit losses on Thursday.