Why these 4 shares are climbing higher today

The S&P/ASX 200 (Index: ^AXJO) (ASX:XJO) is trading sharply lower today following negative offshore leads from Wall Street and Europe.

It has been a broad-based sell-off with some investors deciding it’s time to take some profits after a stellar few weeks.

Despite the main index trading more than 1% lower today, these four shares are bucking the trend and have posted some impressive gains:

Money3 Corporation Limited (ASX: MNY)

Shares of Money3 have climbed more than 5% today after the company announced that it has secured a $20 million debt facility that it will use to fund lending growth in its secured automotive loan business. The automotive loans business has become the integral part of Money3’s operations after the company decided it would exit from its unsecured personal lending operations back in November 2015 due to ongoing regulatory concerns. Although Money3’s share price has come under pressure over the past 18 months due to these concerns, today’s announcement may have assured some investors that the company has a solid plan in place to drive future growth.

Shares of Money3 have fallen by around 25% over the past 12 months.

Mineral Resources Limited (ASX: MIN)

Shares of Mineral Resources have jumped more than 2.1% today after the company announced it has expanded its lithium off-take agreement for its Mt Marion Project. Mineral Resources is one of the few established and profitable mining companies that looks set to benefit from the recent surge in lithium prices with most of the other major mining companies focusing on bulk commodities. A number of smaller players in the lithium sector have seen their share prices explode over recent months as the story behind lithium gains more traction.

Shares of Mineral Resources have gained 13.5% over the past 12 months.

GTN Limited (ASX: GTN)

GTN shares have jumped more than 11% on their first day trading on the ASX after being floated at a price of $1.90 a share. According to its prospectus, the company “provides a differentiated advertising platform that enables advertisers to reach large audiences frequently and effectively.” GTN does this by providing traffic information reports to radio stations in Australia, Canada, the UK and Brazil in exchange for commercial advertising spots adjacent to traffic, news and information reports. These spots are bundled together by GTN and sold to advertisers on a national, regional or specific market basis. The company expects to report adjusted earnings per share (EPS) of 7.9 cents in FY16 before jumping 62% to 12.8 cents in FY17.

Australian Agricultural Company Ltd (ASX: AAC)

Shares of Australian Agricultural Company (AA Co) have today continued to rise strongly after last week’s better-than-expected FY16 results. The shares have gained another 3.2% today and more than 20% since the results were announced last Wednesday. Clearly, investors have been pleased with AA Co’s turnaround and its decision to own cattle right through the supply chain and create value-added products. Like other agricultural companies, however, AA Co is still exposed to the forces of Mother Nature and this is something investors should be weary of when considering a company like AA Co.

Shares of AA Co have increased by more than 30% over the past 12 months.

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Motley Fool contributor Christopher Georges has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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