Why Canyon Resources, Ioneer, Iress, and Predictive Discovery shares are pushing higher

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Wed, January 22, 2025

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Why Canyon Resources, Ioneer, Iress, and Predictive Discovery shares are pushing higher

_{//stocks-investing.news-articles.net/content/202 .. dictive-discovery-shares-are-pushing-higher.html}
^{Published in Stocks and Investing on Sunday, January 19th 2025 at 21:21 GMT by MSN}

These shares are starting the week on a positive note. But why? The post Why Canyon Resources, Ioneer, Iress, and Predictive Discovery shares are pushing higher appeared first on The Motley Fool Australia.

The article from MSN discusses the recent surge in share prices for several ASX-listed companies. Canyon Resources saw its shares increase by 10% after securing a $100 million investment from the Abu Dhabi government for its bauxite project in Cameroon. Ioneer experienced a 12.5% rise in its stock value following the U.S. Department of Energy's decision to provide a $700 million loan for its Rhyolite Ridge lithium project in Nevada. Iress, a financial software company, saw its shares jump 11.5% after announcing a strategic review and the sale of its managed funds administration business for $52 million. Lastly, Predictive Discovery shares climbed 10% due to positive drilling results at its Bankan Gold Project in Guinea, which indicated a potential for a significant gold resource. These movements reflect investor confidence in the growth prospects and strategic developments of these companies.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/why-canyon-resources-ioneer-iress-and-predictive-discovery-shares-are-pushing-higher/ar-AA1xui1w ]

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