Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. De Grey Mining Limited
  6. News
  7. Summary
    DEG   AU000000DEG6


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Australia shares inch lower on unemployment, virus worries; NZ recovers

07/16/2020 | 09:47pm EDT

* Rio Tinto hits near six-month high on strong Q2 shipments

* Australian mining sub-index set for best week since late May

* NZ June manufacturing moves to expansionary territory - survey

July 17 (Reuters) - Australian shares eased on Friday as a rise in the country's jobless rate and surging coronavirus cases in Victoria weighed on sentiment, while Rio Tinto scaled a near six-month high after reporting strong quarterly iron ore shipments.

The S&P/ASX 200 index slipped 0.1% to 6,003.6 by 0111 GMT, but was set to post a weekly gain of 1.5%.

Australia's jobless rate hit a 22-year high of 7.4% even though employment surged by a record last month, as the jump in jobs growth was not enough to offset the increase in the number of people who went looking for work.

Weighing on investor sentiment further, 327 new COVID-19 cases were reported on Thursday, a surge that was almost entirely due to the state of Victoria.

Among sectors, the metals and mining sub-index gained up to 1%, and was on track for its best week since the week ended May 22.

Rio Tinto, the world's largest iron ore miner, climbed 2.4% to its highest since January after its second-quarter iron ore shipments beat consensus estimates.

The gold sub index slid 0.8% and was set to snap three straight weekly gains. The top loser was De Grey Mining Ltd, down 4.4%, while Alacer Gold Corp lost 3.8%.

The number of issues on the ASX that advanced were 556 while 437 declined as a 1.3-to-1 ratio favoured advancers. The most heavily traded shares by volume were Alumina, Fortescue Metals Group and South32.

Across the Tasman Sea in New Zealand, the benchmark S&P/NZX 50 index recovered from early losses to trade 0.7% higher by 1258 GMT.

A survey showed manufacturing activity moved back to expansionary territory in June after three months of contraction.

Dairy giant Fonterra raised the lower end of its farmgate milk price guidance range as demand increased in China, its top market.

($1 = 1.4325 Australian dollars) (Reporting by Arundhati Dutta in Bengaluru; Editing by Subhranshu Sahu)

ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ALACER GOLD CORP. -0.94% 9.47 Delayed Quote.37.25%
ALUMINA LIMITED 0.90% 1.68 End-of-day quote.-8.45%
ASX LIMITED -0.08% 77.44 End-of-day quote.7.56%
CLASS III MILK FUTURES (DC) - CMG (ELECTRONIC)/C1 -0.06% 16.47 End-of-day quote.4.56%
CLASS IV MILK?FUTURES (GDK) - CMG (ELECTRONIC)/C1 0.00% 15.99 End-of-day quote.15.74%
DE GREY MINING LIMITED 6.01% 1.235 End-of-day quote.21.67%
DRY WHEY?FUTURES (DY) - CMG (ELECTRONIC)/C1 0.00% 59.95 End-of-day quote.35.63%
FONTERRA CO-OPERATIVE GROUP LIMITED -2.33% 2.93 End-of-day quote.-33.26%
FORTESCUE METALS GROUP LIMITED 1.90% 26.3 End-of-day quote.12.25%
NONFAT DRY MILK FUTURES (GNF) - CMG (ELECTRONIC)/C1 0.00% 125.7 End-of-day quote.11.23%
RIO TINTO GROUP 1.47% 134.17 End-of-day quote.17.87%
RIO TINTO PLC 2.64% 6293 Delayed Quote.14.92%
S&P GSCI CLASS III MILK (USD) -1.45% 123.4624 Delayed Quote.-5.66%
S&P/ASX 200 -0.33% 7392.6 Real-time Quote.12.03%
SOUTH32 LIMITED 1.37% 2.97 End-of-day quote.20.24%
07/25REFILE-Miners lift Australian stocks to new peak, Lynas hits 8-1/2-year high
07/22DE GREY MINING : Unearths Wide Gold Zones at Diucon Deposit; Shares Climb 7%
07/21De Grey Mining Limited Reports These Latest Exploration Results from the Diuc..
06/27De Grey Mining Limited Announces Change of Registered Address
06/23DE GREY MINING : Establishes Maiden Resource Estimate for Hemi Discovery
06/22De Grey Mining Limited Provides the Following Drilling Update At the Hemi Gol..
06/06Australian shares flat as NAB, Crown fall on regulatory probe
06/06SAYONA MINING LTD (ASX : SYA) Embarks on Next Phase of Pilbara Gold Exploration
06/01DE GREY MINING : Further Validates Gold System at Hemi Discovery
05/27DE GREY MINING : Extends Mineralization, Defines Resource at Falcon Intrusion
More news
Sales 2021 - - -
Net income 2021 -3,40 M -2,51 M -2,51 M
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 1 596 M 1 181 M 1 180 M
Capi. / Sales 2021 -
Capi. / Sales 2022 -
Nbr of Employees -
Free-Float 70,9%
Duration : Period :
De Grey Mining Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DE GREY MINING LIMITED
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 2
Last Close Price 1,24 AUD
Average target price 1,73 AUD
Spread / Average Target 40,1%
Managers and Directors
Glenn Robert Jardine Managing Director & Director
Peter Canterbury Chief Financial Officer
Simon Richard Lill Executive Chairman
Andrew Francis Beckwith Executive Director & Technical Director
Peter John Hood Lead Independent Director
Sector and Competitors