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The Markets
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The Markets
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Markets in a Minute: Pantoro shines, IVE Group sinks

Markets in a Minute: Pantoro shines, IVE Group sinks

The ASX 200 closed up on Tuesday, nudging upwards of 0.14%.

Materials bucked the trend, the sector was up 1.7%, followed by IT, whilst consumer staples and financials dragged the bourse.

Green

Pantoro Gold shot up after posting another round of ultra high-grade hits from underground drilling at the Norseman project. Results include grades above 40 grams per tonne and a standout 263 grams.

Aumega Metals shot up today on news it's mobilised a second diamond drill rig at its Cape Ray Project in Canada. Drilling is now testing a large new EM conductor next to the high-grade Central Zone—an area that’s never been drilled before.

Red

IVE Group fell short after the company warned of softer-than-expected revenue in retail and media. It now expects profit to land at the bottom of its guidance range for FY26.

Bendigo and Adelaide Bank plunged after a Deloitte probe uncovered deficiencies in its money-laundering controls. The board says it’s disappointed and will overhaul its systems to ensure full compliance.

#ASX #ASXStocks #AustralianStocks #ShareMarket #MiningStocks #GoldStocks #BendigoBank #Investing #MarketUpdate #FinanceNews #Trading #GoldMining

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