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Why A2 Milk, Audinate, BlueScope, and Chalice Mining shares are rocketing today

Why A2 Milk, Audinate, BlueScope, and Chalice Mining shares are rocketing today


Published on 2025-02-16 22:01:11 - MSN
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  • These shares are starting the week with an almighty bang. But why? The post Why A2 Milk, Audinate, BlueScope, and Chalice Mining shares are rocketing today appeared first on The Motley Fool Australia.

The article from MSN discusses the significant share price increases of several ASX-listed companies on a particular trading day. A2 Milk's shares surged by 10.5% after reporting a 16.4% increase in annual revenue to $NZ1.59 billion, despite a slight decrease in net profit. Audinate Group's stock rose 12.7% following a 53% jump in revenue to $58.5 million and a 15% increase in EBITDA to $13.6 million for the first half of the fiscal year, driven by strong demand for their Dante AV technology. Bluescope Steel saw its shares climb 6.5% after announcing a 15% rise in underlying EBIT to $1.1 billion for the first half, with expectations of continued growth. Lastly, Chalice Mining's shares increased by 10.5% due to a positive update on their Gonneville Project, which showed promising metallurgical test results, enhancing the project's economic prospects.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/why-a2-milk-audinate-bluescope-and-chalice-mining-shares-are-rocketing-today/ar-AA1zb6Jo ]
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