Why ALS, AMA, Chalice Mining and Jumbo stocks are rising

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In the afternoon trading S & P / ASX200 Index (ASX: XJO) is on track to record a small profit. At the time of writing, the Benchmark Index rose 0.1% to 7,122.7 points.

Below are four ASX stocks that are rising above most of today. The reasons they are rising are as follows:

ALS’s share price rose 11.5% to $ 12.15. This was triggered by the release of a global testing, inspection and certification company. Year-round performance.. ALS reports that revenues fell 5% to $ 1,761.4 million and underlying net profit after tax fell 1.5% to $ 185.9 million. The latter does not include government subsidies. This has significantly improved performance in the first half of the year.

After the latest market information was released, AMA’s share price rose 6.5% to 56 cents. This morning, a smash repairer revealed that vehicle volume at workshops in recent months has continued to improve. This is caused by rain, more traditional pre-Covid driving habits, and many people hesitating to use public transport.

Chalice Mining’s share price rose 8% to $ 8.80. This is despite the lack of news from Gold Explorer today. However, it could be due to the gold price rising to a four-and-a-half-month high and delaying the response to the presentation on Tuesday.

Jumbo Interactive Co., Ltd. (ASX: JIN)

Jumbo’s share price rose 3.5% to $ 14.14. This could have been caused by a broker note from Morgan Stanley this morning. According to notes, following the appearance of the lottery seller at the conference, the analyst maintained their overvaluation and the $ 15.20 price target for the stock. The company says it sees growth opportunities in the UK market.

Why ALS, AMA, Chalice Mining and Jumbo stocks are rising

Source link Why ALS, AMA, Chalice Mining and Jumbo stocks are rising

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