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4 stocks soaring more than 8% on the ASX today

The S&P/ All Ordinaries Index (ASX: ^AORD) (ASX: XAO) is trading flat in late afternoon trading on the last major reporting day of the season, and perhaps surprisingly, fairly flat over the last month.

That’s despite most of the ASX-listed companies reporting either year-end or their first-half results during that time.

Here are four stocks that are soaring today and their respective monthly results…

Transfield Services Limited (ASX: TSE) has seen its shares explode upwards by more than 20% to $1.72, after the company delivered an 85% rise in underlying net profit. My colleague Tim McArthur has covered the results in more detail here. Over the past month Transfield shares have risen 29%.

Cassini Resources Ltd (ASX: CZI) shares are up 11% today, and 20% for the month. Back in April this year, shares in the tiny resources explorer surged 389% in one day, after the company acquired BHP Billiton Limited’s (ASX: BHP) West Musgrave nickel and copper project. We covered the acquisition in more detail here.

Clinuvel Pharmaceuticals Limited (ASX: CUV) shares have soared close to 10% today, and 26% for the month. In early August, Clinuvel fended off an approach from NASDAQ-listed Retrophin, Inc, saying at the time, the $2.17 cash offer materially undervalues Clinuvel. Clinuvel is awaiting a decision by the European Medicines Agency (EMA) on its product SCENESSE, expected in October, and positive news appears to be expected at least by some investors.

Panoramic Resources Limited (ASX: PAN), a $268 million market cap nickel producer has an 8.8% jump in its share price today, although shares are still down 20% for the month. Earlier this week, Panoramic unveiled a 167% increase in earnings before interest, tax, depreciation and amortisation (EBITDA) to $73.3 million for the 2014 financial year. The company also declared a 2 cents per share fully franked dividend. Panoramic has paid a dividend every year since 2007 – a rarity among small to medium resource stocks.

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Motley Fool writer/analyst Mike King doesn't own shares in any companies mentioned. You can follow Mike on Twitter @TMFKinga