The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) fell by 0.16% on Monday.
Australian Dollar ($A) (AUDUSD): 69.03US cents
Dow Jones (DJI): up 0.11%
Oil (WTI): $US57.16 per barrel
Gold: $US1,425 per ounce
ASX Sharemarket News
In ASX sharemarket news, gold miner Resolute Mining Limited (ASX: RSG) has released its production and cost quarterly update.
The company’s 12-month gold production was 305,436 ounces, exceeding the guidance of 300,000 ounces. The all-in sustaining cost was US$924 was lower than the guidance of US$960 for the year to June 2019.
Other developments during the quarter included achieving commercial production at the Syama Underground Mine in June 2019. It also had a 1 million ounce increase of ore reserves at Ravenswood. The company is now also dual-listed on the London Stock Exchange.
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Healthcare business Volpara Health Technologies Ltd (ASX: VHT) has released its first quarter cashflow report of FY20.
Cash receipts from customers increased by 137% to NZ$2.3 million and the company had NZ$39.9 million of cash at the end of the quarter. Operating cash outflow was under NZ$3 million
Annual recurring revenue (ARR) was NZ$14.6 million at the end of the quarter and it is now contracted to 25% of the US market.
The average revenue per user (ARPU) generated by women under contract across the group within ‘Breast’ is $0.91.
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LiveTiles Ltd (ASX: LVT) reported that its annualised recurring revenue (ARR) reached $40.1 million at 30 June 2019, which was up 167% in the last 12 months.
There are now 919 paying customers at 30 June 2019, which the company said reflected substantial ongoing enterprise customer growth.
Customer cash receipts grew 52% over the quarter to $7.9 million and went up 130% on the prior corresponding period.
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