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Stocks of the Hour: KWR, DOC, IIQ

Abbey Phillipps from Finance News Network breaks down some stocks making noise in today's ASX trading session.

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Kingwest Resources (ASX:KWR) has announced high grade drilling results and high grade resource estimation from the Menzies Goldfield in WA. In response, Kingwest Executive Chairman Greg Bittar commented that โ€œThe results will be used to further define the areas of high grade gold mineralisation and will support economic studies.โ€ Share are trading 9.68 per cent higher at 3.4 cents.

Doctor Care Anywhere (ASX:DOC), has entered into a four-year secured and guaranteed loan agreement with AXA Health (“AXA”) to borrow up to ยฃ10,000,000 in 3 tranches. The Loan will be used by the Company for general working capital purposes in accordance with the terms of the Loan. Chairman Richard Dammery said: โ€œThe agreements ensure that the Company can continue to develop innovative healthcare pathways into 2023 and beyond.โ€ Shares are trading 29.4 per cent higher at 6.6 cents.

INOVIQ Limited (ASX:IIQ) has confirmed positive results in the testing development for ovarian cancer. The testing confirmed the utility of EXO-NET for EV biomarker discovery with over 90% accuracy for the detection of early-stage ovarian cancer. CEO Dr Leearne Hinch said: โ€œThe multivariate index assay (MIA) showed over 90% accuracy for detection of early stage ovarian cancers, when the cancer can be more effectively treated and help save womenโ€™s lives.โ€ Shares are trading 18 per cent higher at 72 cents.

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