Stocks of the Hour: DroneShield, Genetic Technologies, Cauldron Energy

Informed Investor
11 Sep 2024


To register for Friday's webinar click here.

DroneShield Ltd (ASX:DRO) has announced it has received a repeat order of $3.1 million from a U.S. Government customer for a number of its counterdrone (C-UxS) systems. The delivery is expected to be complete this month, using available stock on hand, with payment in the December quarter. Shares are trading 4.84 per cent higher at $1.30.

Genetic Technologies Limited (ASX:GTG) has announced a new partnership with Chicago-based CancerIQ. Their partnership aims to improve the identification of high-risk patients by integrating CancerIQ’s platform with Genetic Technologies' services. This strategic alliance is expected to streamline genetic testing and advance cancer prevention efforts. Shares are trading 7.5 per cent higher at 4.3 cents.

Cauldron Energy (ASX:CXU) has announced that broad high grade uranium mineralisation has been intersected in the first 4 holes at the Manyingee South project. The project lies 4.5km south of Paladin's (ASX:PDN) Manyingee Deposit which is a globally significant ISR uranium deposit. Further drilling is occurring to test the extensions of the identified mineralisation. Jonathan Fisher Cauldrons CEO is presenting on this Friday’s webinar make sure you register to the event to hear more about this discovery. Shares are trading 30.77 per cent higher at 1.7 cents.  

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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