The S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a small gain. In afternoon trade, the benchmark index is up 0.1% to 7,460.5 points.
Four ASX shares that are climbing more than most today are listed below. Here's why they are charging higher on Monday:
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Boss Energy Ltd (ASX: BOE)
The Boss Energy share price is up 7% to $2.44. This morning, this uranium developer announced that it continues to make strong progress on all fronts at its Honeymoon project. Committed expenditure under the re-development program has now reached the halfway mark, totalling $55.1 million of the budgeted ~$105.4 million capital expenditure. Management notes that this major milestone means the project is running on time and on budget.
Pilbara Minerals Ltd (ASX: PLS)
The Pilbara Minerals share price is up a further 6.5% to $4.85. Analysts at Morgans have responded to the lithium miner's quarterly update by reiterating their add rating with an improved price target of $5.40. Morgans highlights that Pilbara Minerals' production and revenue were ahead of expectations.
Sezzle Inc (ASX: SZL)
The Sezzle share price is up over 18% to 64 cents. This has been driven by the release of a trading update from the buy now pay later (BNPL) provider this morning. Sezzle revealed that in December it achieved its second consecutive month of profitability. This was underpinned by a 15.7% year-over-year boost in revenue to $19.9 million in December.
Zip Co Ltd (ASX: ZIP)
The Zip share price is up 15% to 78.5 cents. Investors have been buying Zip's shares today in response to Sezzle's aforementioned update. This appears to have sparked hopes that Zip will be able to achieve profitability as planned in the near future.
