Which ASX 300 shares are the biggest winners and losers on Thursday?

The ASX 300 is starting the month in red…

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 300 Index (ASX: XKO) is continuing its run into negative territory today following the wrap-up of earnings season.

At the time of writing, the ASX 300 is down 0.71% to 7,475 points. This means the index has almost erased its August gains, sitting relatively flat for the last month.

Let's take a look at which ASX companies are leading the charge today.

Paladin Energy Ltd (ASX: PDN)

The Paladin share price is again topping the charts, surging another 10.17% to a multi-year high of 65 cents.

The uranium producer has not released any market-sensitive news since its full-year results last Friday. However, in the annual report, the company did highlight progress on the Langer Heinrich Mine.

It appears investors are valuing Paladin shares at a bargain considering they have lifted by more than 30% in the past week.

Coronado Global Resources Inc (ASX: CRN)

Another big mover on the ASX 300 is the Coronado share price, up 6.59% to $1.172.

The coal miner also hasn't reported anything new since its half-year results in mid-August. However, the spot price of coal has picked up steam since August 20, reaching a new record high of US$174.60 per tonne.

No doubt, this will translate into bumper profits for the company's second half of FY21.

Dicker Data Ltd (ASX: DDR)

The Dicker Data share price is pushing 4.7% higher to $14.03 following director purchases over the last few days.

This comes after investors were initially spooked by the IT distributor's chair and CEO David Dicker selling his shares. However, the share price weakness has presented a buying opportunity for some board members.

Dicker Data shares reached a record high of $16.60 last Thursday after reporting its FY21 interim results.

Winning woman smiles and holds big cup while losing woman looks unhappy with small cup.

Image source: Getty Images

And the biggest fallers?

BHP Group Ltd (ASX: BHP)

The worst performer on the ASX 300 today is the BHP share price, down 6.84% to $41.95.

While no market-sensitive news has been released by the company, the share price fall can be attributed to BHP going ex-dividend today.

The board declared a fully franked final dividend of US$2.00 per share, which will land in shareholder accounts on 21 September.

United Malt Group Ltd (ASX: UMG)

Lastly, United Malt shares also crashed on Thursday, declining 6.48% to $4.115.

The commercial maltster released its full-year scorecard to the market late yesterday afternoon, recording significant one-off expenses. This weighed down the overall result along with recent COVID-19 restrictions affecting consumption in Asia and Australia.

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Dicker Data Limited. The Motley Fool Australia owns shares of and has recommended Dicker Data Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

A steel worker peers out from under his protective headwear which is tipped back on his head as he stares solemnly straight ahead with steel production equipment in the background.
Broker Notes

Bell Potter says this beaten-down ASX materials stock can rise 56%

Down 17% this year, Bell Potter says ASX materials stock has significant upside.

Read more »

Business woman watching stocks and trends while thinking
Share Market News

5 things to watch on the ASX 200 on Wednesday

Here's what to expect on hump day on the Australian share market.

Read more »

A cool young man walking in a laneway holding a takeaway coffee in one hand and his phone in the other reacts with surprise as he reads the latest news on his mobile phone
Broker Notes

This ASX small-cap is tipped to almost double in the next year

Bell Potter just raised its guidance on this ASX small-cap.

Read more »

Man sits smiling at a computer showing graphs.
Broker Notes

6 ASX 200 shares with strengthened buy ratings this week

Brokers have maintained confidence in these ASX 200 stocks amid today's volatile market conditions.

Read more »

Ten smiling business people wave to the camera after receiving some winning company news.
Share Gainers

Here are the top 10 ASX 200 shares today

It was another rough one for investors this Tuesday.

Read more »

A happy person clenching fists in celebration sitting at computer.
Broker Notes

Morgans says hold BHP shares and buy this ASX 200 stock      

Let's see what the broker is saying about these stocks this week.

Read more »

ASX share investor sitting with a laptop on a desk, pondering something.
Share Fallers

CSL shares crash to a 9-year low. Is it time to sell off my shares?

What's next for the beaten-down ASX biotech stock?

Read more »

An ASX 200 market analyst holds his hand to his chin and looks closely at his computer screens watching share price movements
Broker Notes

3 ASX 200 shares just upgraded to strong buy — here's what the brokers are saying

Do any of these ASX 200 stocks appeal to you?

Read more »