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    DCN   AU000000DCN6

DACIAN GOLD LIMITED

(DCN)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 10/18
0.25 AUD   0.00%
10/13Miners, tech stocks lift Australia shares; South32 soars
RE
10/06Banks and healthcare stocks lift Australian shares
RE
09/22Australia shares rise for third session on tech, energy boost
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Australian shares post biggest drop in nearly 3 mths as miners, tech stocks weigh

09/09/2021 | 02:59am EDT

* Australian benchmark falls near 2%

* Tech stocks drop over 3%

* Miners extend losses to a fourth consecutive session

* NZ ends 0.7% lower

Sept 9 (Reuters) - Australian shares posted their biggest drop in nearly three months on Thursday, hit by mining and tech stocks, while concerns over rising COVID-19 cases derailing an economic recovery also dented sentiment.

The S&P/ASX 200 index fell 1.9% to end at 7,369.5, its biggest drop since May 19. The benchmark ended 0.2% lower on Wednesday.

The tech index tracked the Nasdaq lower to fall 3.2%, its biggest drop in two months.

Buy now, pay later giant Afterpay fell as much as 3.1% to hit its lowest since Aug. 5, extending losses for a third consecutive session.

"We are seeing a massive sell-off across all the sectors as investors seem to be concerned that the Fed (U.S. Federal Reserve) could further trim its pandemic stimulus program sooner than expected to cushion the blow from the pandemic," said James Tao, market analyst at CommSec.

Miners were down over 2% and extended losses to a fourth consecutive session following a slump in iron ore prices.

Sector giants BHP Group, Rio Tinto and Fortescue Metals fell between 0.6% and 2.5%.

Authorities chalked out plans to open recreational facilities in Sydney, Australia's most populous city, even as Prime Minister Scott Morrison warned that higher case numbers would follow the easing of curbs.

Financials slid 2%, with the 'Big Four' banks closing in the red.

Gold stocks fell 1.8% to hit their lowest in six months, as gold prices fell to a near two-week low on firmer dollar.

Wiluna Mining and Dacian Gold led losses on the sub-index, each shedding 4.8%.

New Zealand's benchmark S&P/NZX 50 index fell 0.7% to end at 13,095.77, with healthcare and consumer stocks leading declines. (Reporting by Tejaswi Marthi in Bengaluru; Editing by Rashmi Aich)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AFTERPAY LIMITED -1.41% 121.05 End-of-day quote.2.58%
BHP GROUP 0.85% 39.19 End-of-day quote.-7.64%
DACIAN GOLD LIMITED 0.00% 0.25 End-of-day quote.-39.02%
FORTESCUE METALS GROUP LIMITED 0.96% 14.74 End-of-day quote.-37.09%
WILUNA MINING CORPORATION LIMITED -0.95% 1.04 End-of-day quote.-25.18%
All news about DACIAN GOLD LIMITED
10/13Miners, tech stocks lift Australia shares; South32 soars
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10/06Banks and healthcare stocks lift Australian shares
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09/22Australia shares rise for third session on tech, energy boost
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09/22Dacian Gold Ltd Announces Change in Registered Office
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09/21EMPIRE RESOURCES : Repays $1.1 Million Loan Facility
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09/13Tech stocks drag Australian shares lower; energy firms jump
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09/12Dacian Gold Ltd Appoints Mick Wilkes to Its Board of Directors as Non-Executive Directo..
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09/09Australian shares post biggest drop in nearly 3 mths as miners, tech stocks weigh
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09/08Australian shares fall on virus fears; miners, tech stocks drop
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09/08DACIAN GOLD : Precious Metals Summit September 2021 Presentation
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More news
Financials
Sales 2022 237 M 177 M 177 M
Net income 2022 - - -
Net Debt 2022 12,9 M 9,60 M 9,60 M
P/E ratio 2022 -
Yield 2022 -
Capitalization 242 M 179 M 181 M
EV / Sales 2022 1,08x
EV / Sales 2023 1,06x
Nbr of Employees 12
Free-Float 91,0%
Chart DACIAN GOLD LIMITED
Duration : Period :
Dacian Gold Limited Technical Analysis Chart | DCN | AU000000DCN6 | MarketScreener
Technical analysis trends DACIAN GOLD LIMITED
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 0,25 AUD
Average target price 0,35 AUD
Spread / Average Target 40,0%
EPS Revisions
Managers and Directors
Leigh Stanley Junk Chief Executive Officer, MD & Director
Derek J. Humphry Chief Financial Officer
Robert Gordon Reynolds Non-Executive Chairman
James Howard Chief Operating Officer
Eduard Eshuys Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
DACIAN GOLD LIMITED-39.02%179
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PUBLIC JOINT STOCK COMPANY POLYUS-11.60%25 480
WHEATON PRECIOUS METALS CORP.-4.85%18 420
NEWCREST MINING LIMITED-4.50%14 878