Why 4DMedical, Regis Resources, Unico Silver, and WiseTech Global shares are pushing higher

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. At the time of writing, the benchmark index is up 0.3% to 8,709.9 points.

Four ASX shares that are rising more than most today are listed below. Here's why they are pushing higher:

4DMedical Ltd (ASX: 4DX)

The 4DMedical share price is up 13% to $4.75. This morning, this respiratory imaging technology provider announced that UC San Diego Health has entered into a commercial arrangement for the clinical use of CT:VQ. It notes that UC San Diego Health is one of the United States' leading academic health systems and has consistently ranked in the top 10 for Pulmonology & Lung Surgery. It has commenced clinical use of CT:VQ under a structured launch framework, whereby introductory pricing will apply through March 31. 4DMedical's CEO and founder, Andreas Fouras, said: "UCSD is consistently ranked in the top 10 for pulmonology & lung surgery and is home to a world-class cardiothoracic imaging program. Their adoption of CT:VQ represents another powerful validation of our technology and our strategic approach to commercialisation."

Regis Resources Ltd (ASX: RRL)

The Regis Resources share price is up 1.5% to $7.61. Investors have been buying this gold miner's shares following the release of a production update. Regis Resources reported total group gold production of 96,600 ounces. This brought its total group gold production for the first half to 186,900 ounces. And thanks to the sky-high gold price, Regis Resources achieved a record cash and bullion build of $255 million. This resulted in a record cash and bullion balance of $930 million.

Unico Silver Ltd (ASX: USL)

The Unico Silver share price is up 4% to 94 cents. This has been driven by the release of drilling results from the silver miner's 100%-owned Joaquin Project this morning. The company revealed that infill and extensional drilling at La Negra SE confirms that there is a broad, shallow zone of oxide silver-gold mineralisation over 850 metres strike and 175 metres vertical extent. It remains open to the south-east and at depth. The company's managing director, Todd Williams, said: "These results confirm the scale and geometry required for conventional open-pit development and support our decision to move directly to a Pre-Feasibility Study Mineral Resource Estimate."

WiseTech Global Ltd (ASX: WTC)

The WiseTech Global share price is up almost 3% to $67.34. This may have been caused by a broker note out of Jefferies. The broker is feeling positive about the logistics solutions technology company's outlook due to its belief that it won't be disrupted by AI competition. This is due to the complexity of the logistics industry.

The post Why 4DMedical, Regis Resources, Unico Silver, and WiseTech Global shares are pushing higher appeared first on The Motley Fool Australia.

Motley Fool contributor James Mickleboro has positions in WiseTech Global. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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