Oracle Corporation

ORCL

US68389X1054

Software

Market Closed - Nyse Other stock markets 21:00:02 14/06/2024 BST			5-day change	1st Jan Change
138.1 ^USD	-1.23%		+9.70%	+31.02%

06-14	US Equity Indexes Mixed This Week as Technology Generates Momentum While Fed Remains on Hold	MT
06-14	S&P 500 Posts Weekly Gain, Closes Near Record Highs as Technology Sector Rallies	MT

Oracle's farm-in-partner starts drilling at Northern Zone

May 24, 2024 at 09:44 pm

Oracle Power PLC - energy projects developer - Says that its farm-in-partner, Riversgold Ltd, has commenced air core drilling at its Northern Zone gold project, which is 25-kilometres east of Kalgoorlie in Western Australia. The drilling, Oracle explains, is designed to test for supergrene gold. Further, it expects the arrival of a second drill rig in the imminent future.

Chief Executive Officer Naheed Memon says: "It is great to see the ambitious drilling plans underway, and the commencement of AC drilling at the Northern Zone Gold Project, located just to the east of Kalgoorlie. With a substantial gold exploration target centred around a large porphyry gold system proven to exceed plus 100m in true width from previous drilling, we eagerly anticipate the results of this program. Drilling efforts will accelerate further with the arrival of a second rig shortly."

Current stock: 0.021 pence

12-month change: down 81%

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
GOLD	2,333 USD	0.00%	+1.48%	-
ORACLE CORPORATION	138.1 USD	-1.23%	+9.70%	380B
ORACLE POWER PLC	0.0258 GBX	+35.79%	+17.27%	2.36M
RIVERSGOLD LIMITED	0.006 AUD	0.00%	-14.29%	4.8M

Latest news about Oracle Corporation

US Equity Indexes Mixed This Week as Technology Generates Momentum While Fed Remains on Hold	06-14	MT
S&P 500 Posts Weekly Gain, Closes Near Record Highs as Technology Sector Rallies	06-14	MT
President Capital Adjusts Price Target on Oracle to $155 From $150	06-14	MT
Berenberg Adjusts Price Target on Oracle to $130 From $123	06-14	MT
ORACLE CORP : Berenberg sticks Neutral	06-14	ZD
Oracle, Department of Veterans Affairs Extend Contract for Electronic Healthcare Record System	06-13	MT
U.S. Department of Veterans Affairs Extends Oracle EHR Modernization Contract	06-13	CI
Oracle's Exadata Database Service Chosen by Panasonic to Move Internal Systems to Cloud Platform	06-13	MT
Panasonic Information Systems Selects Oracle Cloud Infrastructure to Drive Modernization of Internal Systems Across the Group	06-13	CI
ORACLE CORP : Receives a Buy rating from DZ Bank	06-13	ZD
HSBC Adjusts Price Target on Oracle to $166 From $152, Keeps Buy Rating	06-13	MT
ORACLE CORP : Receives a Buy rating from UBS	06-13	ZD
S&P, Nasdaq post record closing highs after CPI, Fed	06-12	RE
S&P 500, Nasdaq Close at Fresh Record Highs for Third Day After CPI Report, Fed Decision	06-12	MT
S&P 500, Nasdaq Close at Record Highs for Third Day After CPI Report, Fed Decision	06-12	MT
Technology Shares Rally Behind Oracle, Apple -- Technology Roundup	06-12	DJ
US Equities Markets Close Mixed Wednesday as Fed Holds Interest Rate Steady	06-12	MT
S&P 500, Nasdaq post closing record highs after CPI, Fed statement	06-12	RE
Sector Update: Tech Stocks Rise Late Afternoon	06-12	MT
Indexes pare gains slightly after Fed statement	06-12	RE
Sector Update: Tech Stocks Gain Wednesday Afternoon	06-12	MT
Equity Markets Rally as Consumer Inflation Cools Ahead of Fed Decision	06-12	MT
Sector Update: Tech	06-12	MT
Oracle's Strong Cloud Bookings Results Support Future Growth, Oppenheimer Says	06-12	MT
Top Midday Gainers	06-12	MT

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Company Profile

Oracle Corporation is the world's No.1 business software publisher. Net sales break down by activity as follows: - software license support and cloud services (71.1%); - sale of cloud and on-premise software licenses (13.9%): database software, application management software (customer relationship management, supply management, etc.), decision support software, etc.; - sale of equipment (7.5%); - customer services (7.5%). Net sales are distributed geographically as follows: the United States (47.7%), the United Kingdom (5.5%), Japan (4.4%), Germany (4.2%), Canada (3.2%) and other (35%).

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Software

Calendar

08/09/2024 - Q1 2025 Earnings Release (Projected)

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B-

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OUTPERFORM

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138.1 USD

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145.5 USD

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+5.35%

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Oracle Corporation

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ORCL

US68389X1054

Software

Oracle's farm-in-partner starts drilling at Northern Zone

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