Stocks to watch on Monday

Stocks to watch on the Australian stock exchange at the close on Monday:

EVN - EVOLUTION MINING - in a trading halt at $1.175

Gold miner Evolution Mining has announced its second acquisition in just over a month, acquiring the Cowal mine in central NSW for $US550 million ($A702.74 million).

MEL - METGASCO - up 2.8 cents, or 58.3 per cent, at 7.6 cents

Metgasco is urging the NSW government to strike an out-of-court compensation deal following their legal tussle over the suspension of the coal seam gas explorer's drilling licence.

OZL - OZ MINERALS - down nine cents, or 1.8 per cent, at $4.88

Oz Minerals is looking to take advantage of the current weakness in the resources sector, chief executive Andrew Cole says.

RCT - REEF CASINO TRUST - steady at $3.22

The operator of the Cairns casino hopes to boost its visitor numbers through a new loyalty program as well as marketing in Singapore and southeast Asia.

SIR - SIRIUS RESOURCES - up 66 cents, or 20.4 per cent, at $3.90

IGO - INDEPENDENCE GROUP - down 70 cents, or 12 per cent, at $5.15

Miner Independence Group has struck a $1.8 billion deal to buy the company behind an emerging West Australian nickel project while the metal's price hovers at historic lows.

SKE - SKILLED GROUP - up 14.5 cents, or 11.8 per cent, at $1.375

PRG - PROGRAMMED GROUP - down 11 cents, or 4.2 per cent, at $2.51

Australia's biggest workforce provider, Skilled Group, has entered into merger talks with rival Programmed Group, just months after rejecting a takeover offer from the company.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.76540.000.00%
    AUDUSD=X
    0.4996-0.0001-0.02%
    AUDGBP=X
    0.69840.000.00%
    AUDEUR=X