Articles On Mindax (ASX:MDX)

Title Source Codes Date
Hot Money Monday: China-based rare earths play ViaGold is up 600pc this month on no news

Among the stocks running hottest this week was ViaGold Rare Earths Resources (ASX:VIA), which counts some big Chinese companies as major shareholders and has been surging in September on no news. Each week, Stockhead recaps ASX stocks that...

Stockhead MDX 2 years ago
Closing Bell: ASX retreats, led by 2pc drop in energy

Once again the energy sector determined the direction of the market but unlike yesterday where it gained, today it finished in the red. The ASX 200 retreated 0.27% to close at 7,417 points, although the ASX Emerging Companies Index rose 1.3...

Stockhead MDX 2 years ago
Bulk Buys: As prices for coking coal soar, will China have to let Australian producers back into the club?

Coking coal prices have gone a wee bit crazy in recent weeks, presenting a once in a generation opportunity for ASX-listed companies who looked sickly as the 2021 financial year wrapped up. According to Fastmarkets MB, supply remains tight...

Stockhead MDX 2 years ago
Bulk Buys: UBS thinks Rio will miss guidance yet again in 2021

Is Rio Tinto (ASX:RIO) going to disappoint on shipments yet again? The gaffe-prone Pilbara miner, which was carried by stratospheric iron ore prices to a US$9.1 billion dividend at the half year, appears likely to miss its ambitious guidanc...

Stockhead MDX 2 years ago
Bulk Buys: Would you bet against Andrew Forrest and FMG on iron ore?

Andrew Forrest said he wouldn’t bet against the price of iron ore this week as he addressed media and analysts in a lap of honour for Fortescue Metals Group’s (ASX:FMG) transformative 2021. That was driven by record high iron ore prices thr...

Stockhead MDX 2 years ago
Bulk Buys: Coking coal goes crazy in China while iron ore futures bounce

How’s that Aussie coal ban going for China? Prices of imported premium coking coal in the Middle Kingdom soared to record highs of US$384 per tonne while China looks around every nook and cranny to source the product it once got from our ea...

Stockhead MDX 2 years ago
Iron ore posts biggest single day fall… EVER. Where is it heading next?

It powers Australia’s economic engine room, but iron ore is sputtering after the spot price recorded its biggest single day drop on Friday since index pricing began. Fastmarkets saw iron ore prices for benchmark 62% fines to northern China...

Stockhead MDX 2 years ago
Bulk Buys: BHP places chips on iron ore, met coal as it waves goodbye to petroleum in Woodside deal

BHP (ASX:BHP) has taken advantage of 2021’s astonishing boom in iron ore prices to shower shareholders with a record dividend and kickstart the transformation of the world’s biggest mining house. Its final payout of US$2 per share came off...

Stockhead MDX 2 years ago
The iron ore price is in freefall. What happens next?

Iron ore prices slid to their lowest levels since April overnight, as speculation about Chinese steel production cuts delivered a hit to the Pilbara’s big iron ore miners. Prices fell 7.7% to US$169.30/t according to CommBank, while Fastmar...

Stockhead MDX 2 years ago
Bulk Buys: Haircut for iron ore on steel production cuts, MinRes deal sends Red Hill Iron to the moon

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

Stockhead MDX 2 years ago
Bulk Buys: Global steel shows its strength as Australia’s BlueScope breaks earnings record

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

Stockhead MDX 2 years ago
Bulk Buys: Grange Resources punching above its weight with absurd iron ore price premium as Vale and BHP report

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

Stockhead MDX 2 years ago
Bulk Buys: Rio Tinto port issues dampen historic iron ore market

In spite of China’s complaints about commodity prices, iron ore was relatively steady in June after a volatile May, with benchmark 62% fines opening the first full week of the new financial year above US$220/t. Those price levels, up from a...

Stockhead MDX 2 years ago
The 100 best performing ASX stocks in FY21

In FY21 the ASX 200 returned over 20 per cent but the 100 best performing ASX stocks all gained over 390 per cent and made an average gain of 821 per cent. Stockhead has compiled a list (see below) of the 100 best performing ASX stocks base...

Stockhead MDX 2 years ago
Bulk Buys: Australian iron ore proves Ol’ Reliable as Brazil, China face supply disruptions

The sun is shining again on Australian iron ore, at least for now, with prices again threatening to touch historic levels just one month after reaching record highs. Benchmark 62% fines opened the week in China at US$222.30 a tonne, just US...

Stockhead MDX 2 years ago
Who Made The Gains? Here are May’s top 50 miners and explorers

Investors – where to put your money when everything looks so bloody good? Iron ore touched $200/t once again to close out a volatile month in positive territory. Gold bounced back to record its biggest month-on-month gain since July last ye...

Stockhead MDX 2 years ago
May Winners Column: Uranium, biotechs and real estate takeover targets put in the hard yards on the ASX

Last month, the ASX finally reached its pre-pandemic high, went in circles for a couple of weeks then reached it again. What else happened in May? Well, the phase “To the moon” obtained its traditional meaning once more. While the phase has...

Stockhead MDX 2 years ago
Bulk Buys: Iron ore price bounces back to end wild May on a high

• Benchmark 62% Fe iron ore price closes a wild month after 5.6% rally to $US198.75 • Iron ore futures trend higher at the end of a week dominated by talk about Chinese intervention • Coking coal finds price support as Aussie export prices...

Stockhead MDX 2 years ago
Bulk Buys: China tells iron ore players to stop with the high prices, or else

Early last week, Chinese premier Li Keqiang said China needed to take more steps to curb “unreasonable” price increases for bulk commodities, right after we wrote this: Lol. Hubris.…which aged badly. Iron ore prices have fallen below $US200...

Stockhead MDX 2 years ago
Hot Money Monday: Global Health leads the pack as biotech heat up

Biotech Global Health (ASX:GLH) topped this week’s Running Hot list, in the wake of more steady gains in May which has seen its share price rise by almost 500 per cent over the past 12 months. Each week, Stockhead recaps ASX stocks that are...

Stockhead MDX 2 years ago
Closing Bell: Today’s biggest small cap movers on the ASX

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

Stockhead MDX 2 years ago
Closing Bell: Today’s biggest small cap movers on the ASX

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead MDX 2 years ago
Bulk Buys: Stuck with high iron ore prices, China is losing its trade war with Australia

Is this what winning a trade war looks like? Chinese sanctions on our wine, coal and lobster pale in comparison to the mammoth prices being paid for Australian iron ore. In fact, the Aussie government could rake in an extra US$34 billion ($...

Stockhead MDX 2 years ago
Closing Bell: Today’s biggest small cap movers on the ASX

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead MDX 2 years ago
Closing Bell: Today’s biggest small cap movers on the ASX

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead MDX 2 years ago
Last Orders: Tech and energy stocks help the ASX closer higher

The ASX begun the week in positive territory with tech, and energy stocks both gaining over 1 per cent. The ASX 200 closed at 7,024 points, 0.13 per cent higher than Friday’s close. Meanwhile, the ASX Emerging Companies Index surged 1.46 pe...

Stockhead MDX 2 years ago
Here’s why ASX small cap shares AR9, XF1, and BWX are trending today

Summary The benchmark index was up today, with most of the indices trading in the green zone. archTIS has secured a contract with an Australian national security agency to procure extra NC Protect software licences. Xref Limited repor...

Kalkine Media MDX 2 years ago
Five ASX penny stocks that are delivering high returns

Summary Today is the second day of the re-listing of MDK share and its price is up by a massive 124.3%. Juno Minerals is a recent listing on the ASX and its stock is up by 20.5% to AU$0.205. Carpentaria Resources has been trending sin...

Kalkine Media MDX 2 years ago
10 at 10: These ASX stocks have started the week with the strongest momentum this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead MDX 2 years ago
Hot Money Monday: Mindax (obviously) and is that… the Brisbane Broncos?

This week’s Hot Money is more or less brought to you by the good folks at Mindax (ASX:MDX), with a nice cameo from Australia’s only listed football team. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relati...

Stockhead MDX 2 years ago
Last Orders: ASX sails into calmer waters to close out a tough week

Friday, and the week ended pretty much the way it began, with loopy comments from Elon Musk diverting everyone’s attention away from real life. BNPLs failed to recover from yesterday’s robust inflation expectations out of the US, and the ma...

Stockhead MDX 2 years ago
Closing Bell: Today’s biggest small cap movers on the ASX

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead MDX 2 years ago
Resources Top 5: The 6000pc hit, some Julimar nearology, and a Vintage gas, gas, gas play

Mindax gets its act together, rejoins the ASX, climbs by ~6,000% Pursuit finds some additional EM conductors near Chalice Mining’s Julimar Project ACCC gives green light to Vintage, Metgasco and Bridgeport to jointly market Vali gas Her...

Stockhead MDX 2 years ago
Top 10 at 10: These ASX stocks are rallying higher this morning

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. The market opens at 10am (eastern time) and the data is taken at 10:15am, once every stock has commenced trading. Stocks highlighted in yel...

Stockhead MDX 4 years ago