In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another gain. At the time of writing, the benchmark index is up 0.45% to 7,181.6 points.
Four ASX shares that are rising more than most today are listed below. Here's why they are storming higher:
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Core Lithium Ltd (ASX: CXO)
The Core Lithium share price is up 3.5% to 42.5 cents. This morning, this lithium miner announced the inaugural lithium product delivery from its long-term offtake agreements has been successfully trucked to Darwin Port. In addition, the company has successfully completed negotiations for the sale of an initial parcel of fines from its Finniss operations.
Northern Star Resources Ltd (ASX: NST)
The Northern Star share price is up 4.5% to $11.09. Investors have been buying this gold miner's shares after it reported record cash earnings in FY 2023. This was driven by broadly flat annual gold sales and an improved average selling price. Management is guiding to stronger sales and flat costs in FY 2024.
Tabcorp Holdings Ltd (ASX: TAH)
The Tabcorp share price is up 5% to $1.10. This follows the release of the gambling company's FY 2023 results. Tabcorp reported a 2% increase in revenue and a doubling of its earnings before interest and tax. A key driver of this was record digital active TAB customers of 805,000, which underpinned an increase in its market share.
Telix Pharmaceuticals Ltd (ASX: TLX)
The Telix share price is up 7% to $10.50. This has been driven by the release of the radiopharmaceutical company's half-year results. Telix reported a nine-fold increase in its revenue to $220.8 million and adjusted EBITDAR of $82.4 million. The latter compares to a loss of $28 million a year earlier.
