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Winners and Losers: Aerometrex leads the charge

Mapping tech Aerometrex was the biggest gainer this week beating out the miners, while Core Lithium’s value dropped by $20 million.

Jul 24, 2023, updated Jul 24, 2023
Aerial shot taken using Aerometrex's MetroCam. Photo: Aerometrex.

Aerial shot taken using Aerometrex's MetroCam. Photo: Aerometrex.

3D aerial mapping tech outfit Aerometrex secured its position as this week’s top winner, with the company adding about $6 million to its overall value on a 7.25 per cent uplift in its share price.

A $20 million dip in market value for Core Lithium followed the decline in the price of the metal which powers the world’s rechargeable batteries.

Last week’s winner, Mighty Kingdom, was steady this week; as was Adbri and Maggie Beer Holdings.

South Australian Business Index

Aerometrex was followed by energy companies Cooper Energy and Viva Energy Group which both rose by approximately 3.5 points. Boart Longyear Group and Mayne Pharma rounded out the top five.

Renascor Resources also slid this week, down by 7.14 per cent to 20 cents per share, while Codan, Kelsian and BHP were also losers – the latter of which posted its quarterly activities report last week highlighting it hit production guidance for copper, iron ore, and metallurgical and energy coal.

Take a look at the top five South Australian winners and losers for the week ending 21 July:

 

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