Articles On Peako (ASX:PKO)

ASX arrests momentum to fall 0.43pc Materials up 2.27pc alongside ASX 200 Resources, up 1.99pc Profit taking in bank stocks drives ASX 200 Banks index down 2.24pc While the ASX 200 had a roaring start to the day, up 0.61% in the first hou...

ASX falls 8.4 points, which was about 0.1% Xero sheds 4.7% on $3.9b acquisition of Melio Payments Info tech sector slumps 2%   ASX edges lower on Xero acquisition The ASX 200 has fallen 8.4 points or 0.1% in trade today, after major infor...

May CPI reading comes in soft at 2.1pc Low inflation prompts banking stock rally, lifting financials Banks and financials prop up flailing ASX, pulling market back into positive The ASX 200 recovered from a midday slump to add just 3.7 po...

ASX 200 Banks index adds 0.49pc Eight of 11 sectors down, with losses led by industrials sliding -1.40pc Uranium and oil stocks lift energy sector out of the negative The ASX retreated in trade today, shedding 0.36% with 8 of 11 sectors s...

Gold prices are sitting near record highs Central bank demand has been a big reason, topping 1000t in each of the past three years And a survey of the world’s central banks shows they see that trend continuing Gold prices have absolutely...

ASX pulls back from 0.55pc slide to dip 0.21pc Utilities leads recovery, up 0.74pc ASX All Ord Gold index climbs 0.62pc   ASX pulls out of tailspin to make up ground While the ASX closed lower today, down 0.21%, it was looking a lot worse...

Mineral exploration in Australia and among ASX juniors has dropped to four-year lows But gold stocks are shining amid the downturn Fears of escalating war in the Middle East have gold running higher   Mineral exploration in Australia fell...

ASX 200 pares back strong early gains  Energy sector fizzles out as tech, telcos and gold forge ahead Ressies RML and PGD among gainers, Cettire smashed    If we said, “See Eddy’s markets Lunch Wrap, but just plug in a few different stats...

ASX sets new record close at 8587.2 points, breaking February 2025 heights 10 of 11 sectors on the up, with only Industrials dragging (-0.08pc) All Tech and 200 Banks indices add more than 1pc each It’s been a convincing day of gains on t...

ASX falls on broad weakness with 8 of 11 sectors down The Info Tech sector and gold stocks lead market falls Only Energy (+0.59%), Industrials (+0.28%) and Materials (+0.02%) moved higher There were some glimmers of optimism in early trad...

Gold prices are at all-time highs, but miners’ valuations are sitting at “25-year lows” T8 Capital’s Roscoe Widdup says gold bull market has more room to grow Free cash flow multiple for world’s top five miners at a third of 2012 levels  ...

In an assessment contested by Donald Trump’s team, the Congressional Budget Office thinks US spending will increase on the back of his “One Big Beautiful Bill Act” That could provide more support for gold if US debt continues to rise Focus...

ASX fends off losses, finishing up by less than one point US markets slumped after Trump threatened 50% tariff on EU Uranium stocks celebrate new executive orders promoting nuclear industry   The ASX has managed to find its feet after a r...

Gold prices are back above US$3300/oz, with the All Ords gold sub0-index 13% up in a week Open interest on the Shanghai Futures Exchange is at levels not seen since Q4 2019 Chinese gold imports hit an 11-month high of 127.5Mt in April   A...

Info Tech, Energy sectors leads ASX higher Trump rumoured to sign nuclear executive order tonight Uranium stocks surge higher   The ASX posted a 0.15% gain in trade today, resisting uncertainty from a mixed session on Wall Street. The Inf...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnes...

Factors behind gold’s rise continue to grow: Sprott Bullion has big opportunity as investors lose confidence in stability of US Treasuries If Donald Trump tries to interfere with Fed independence it could get even better for gold   Sprott...

Gold ETF inflows soared in April, driven by Chinese investors State Street sees “bull case” of US$3500-3900/oz in 2025 Goldman Sachs surveys Australia’s best performing gold miners   Gold may have taken a tumble last night amid signs of n...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnes...

ASX has gained to cinch seventh straight session in the green 10 of 11 sectors on the up Bank index lifts 1.6pc as CBA hits record new share price high The ASX is on trajectory to return to pre-trade war highs after lifting for a seventh...

Gold pares back gains after Trump’s team go soft on tariffs But Chinese market gold selling played a big role ahead of a key public holiday week Dateline storms higher on Trump endorsement After bounding powerfully to US$3500/oz in mid-Ap...

Gold prices suffered a blip after clearing US$3500/oz on Tuesday As volatility strikes bullion, analysts still see tailwinds for the precious metal Commbank’s Vivek Dhar says the commodity could rise to US$3750/oz Gold’s temporary fall fr...

Gold hit a new record high this week, passing US$3300/oz Fundie Cameron Judd says the conditions are there to push bullion further, with US$4000/oz now in sight Gold miners look “cheap” as they print cash After an extraordinary run in 202...

Gold tends to be cool in a crisis TD Cowen analysis suggests gold equities outperformed the broader market by 16-24% in economic shocks since the year 2000 Alice Queen and Leeuwin Metals among this week’s top gold gainers   Gold has once...

Goldman Sachs continues to like the look of ASX gold miners, even as they outpace bullion in 2025 Silver down, with gold:silver ratio showing few signs of closing OzAurum and Koonenberry Gold among this week’s precious metals standouts  ...

ASX takes a hit on tariff fears Gold hits new records again RBA rates decision in focus   The ASX copped a big blow on Monday, falling by 1.6% and wiping out more than $30 billion in market value as concerns over the looming US tariffs ra...

As it hits a 13-year high, silver bulls online are trying to arrange a new silver squeeze But experts warn it’s prudent to be sceptical about co-ordinated short squeezes More moderate forecasters continue to be constructive on silver price...

Gold hit a record of over US$3050/oz this week With uncertainty around war and trade, prices could climb even higher Besra Gold and North Stawell Minerals among week’s biggest gold gainers Silver longs are at six-month highs and gold is c...

Gold hits all time high as volatile cocktail emerges for US and global economy LBMA price hit US$2974/oz on Thursday, with futures close to US$2990/oz RBC upgrades mid-tier ASX gold producer price targets on higher price forecasts Gold is...

ASX recovers from morning loss but tech sector hammered Tesla drops 15pc, Bitcoin struggles Star entertainment looks for $940m lifeline   The ASX had a (very) bumpy day on Tuesday, with$20 billion wiped out at one point, before it recover...

ASX bounces back but still under 8k mark Big moves in ASX 200 rebalance Cyclone Alfred eases, insurers up, Johns Lyng drops   The ASX managed to eke out a small gain on Monday, edging higher  by 0.18% after taking a dive to a six-month lo...

VanEck says gold, and gold miners, can keep moving higher Producer margins almost doubled from Q1 2024 to Q4 2024 as gold prices hit record highs WGC says gold ETF inflows hit near three-year high in February   ETF behemoth VanEck has joi...

ASX rebounds as real estate, miners rise NRW Holdings slumps over Whyalla collapse mess Insurers hit hard as Cyclone Alfred looms   The ASX bounced back by 0.90% on Monday, shaking off the losses from last week even as the threat of loomi...

Despite an overnight pullback, gold is still in with a shout of passing US$3000/oz Large cap miners are pulling in massive profits – and experts think they remain undervalued But we look at what these prices could open up for the juniors w...

ASX drops on tariff fears; BHP, Rio hit Star Entertainment Group sinks amid financial crisis Life360 shines as Endeavour tanks   It was a rough day for the ASX, dropping 1.16% as fears over new US-China tariffs sent Aussie stocks spiralli...

Gold miners are starting to deliver strong payouts to investors as record prices continue Ramelius returns 3c maiden interim dividend in “surprise result” Newmont and Gold Road fall as not all goldies impress With gold prices at record hi...

ASX tumbles heavily on jobs and earnings miss Fortescue, banks and Super Retail dive; Whitehaven, Telstra rise Whitehaven, Telstra among the winners   The ASX tumbled heavily on Thursday, down 1.3%, continuing from where it left off yeste...

Gold could hit US$3600 on stagflation risk: Victor Smorgon Group EVN and NST deliver big dividend boost Beaten down Westgold reports loss on merger costs   Ask yourself not whether gold can break US$3000/oz, but whether it can cross US$36...

ASX closes in green after reaching new record high in morning trade Staples and tech stocks felt the love on Valentine’s Day Energy stocks and healthcare, however, got cold feet. Or the cold shoulder. Maybe both   The ASX leapt out of bed...

Gold on track for US$3000/oz as Trump tariff fears hit Citi and UBS up price forecasts Kalgoorlie Gold Mining and OzAurum stun with WA gold hits   Gold spent years fumbling around trying to hit the US$2000/oz on a consistent basis, only t...

Global selloff hits markets after Trump’s tariffs Ethereum sinks and copper prices dive Fisher & Paykel crumbles over tariff costs   The global selloff is tearing through markets as traders headed for the exit following Trump’s tariff...

Gold is again threatening all time highs at US$2773/oz Commonwealth Bank reinstates US$3000/oz price target for Q4 2025 US dollar and gold could rise at same time: CBA Before Donald Trump’s ascent to the throne of the free world, the boss...

ASX falls as iron ore miners hit Fortescue reports bumper shipments Myer merger approved, while China gets a lift from officials   The ASX was down in the dumps on Thursday, with the benchmark S&P/ASX 200 falling by 0.7%.  The index w...

Materials wiped off nearly 1% on Wednesday (22 January) and headed in the opposite direction to the broader Australian market, which added more runs to the board.  The S&P/ASX 200 rose 27.4 points, or 0.33%, to 8,429.80 by the closin...

ASX climbs as tech stocks lead the charge Trump’s $500b AI plan boosts tech stocks Tariff talk sparks gains for uranium stocks, losses for iron ore miners   Wednesday saw another climb for the Aussie stock market as the S&P/ASX 200 in...

Gold miner Genesis Minerals has seen analysts up price targets after a strong December quarter Ora Banda Mining is expected to lift cash flow strongly in the second half, according to Canaccord Genuity Promising inflation figures that have...

ASX drops as US jobs data crushes rate cut hopes Banks and retailers hammered, Myer tanks Energy stocks soar and Star Casino rebounds   The ASX slumped further on Monday, with the S&P/ASX 200 index down 1.23% following strong US jobs...

Gold prices are near record highs, but not all gold equities are made equal Early December quarter reports from ASX gold producers have been mixed We checked out the numbers from nine mid-tier gold miners   With prices circling record hig...

ASX flat despite tech rally Uranium miners gain further after Cameco suspends production Canada’s PM Justin Trudeau set to resign amid mounting pressure   The ASX closed flattish on Monday despite a tech rally. The tech sector rose follow...

Gold is up already in 2025, lifting on Thursday to US$2660/oz 2024 saw the ninth highest annual return since the end of the Gold Standard Stavely, Peregrine, Cygnus among the week’s top performers   Gold capped an extraordinary year in 20...