Austin Metals (ASX: AYT) yesterday appointed experienced mining engineer Michael Moore as its new Managing Director. For investors tracking micro-cap gold explorers, this signals a potential shift from the review phase to the execution phase. Moore brings more than 20 years of exploration experience across Australia, Indonesia, West Africa and Europe and notably worked at…
Astral Resources (ASX: AAR) has more than doubled over the past year, and the latest news from its Mandilla Gold Project shows why investors remain interested. The company just finished a major 99-hole drilling program designed to test the quality of its starter pit, and the results are coming in above what the geological model…
Collins Foods (ASX: CKF) dropped nearly 4% yesterday, despite delivering a half-year result that beat expectations on almost every measure. Australia's largest KFC operator reported an underlying profit increase of almost 30% to $30.8 million, a record revenue of $750 million, and an 18% dividend increase. So why are investors selling? After rallying more than…
Epiminder (ASX: EPI) made its ASX debut on Monday after raising $125 million at $1.50 per share, giving the company a market capitalisation of approximately $325 million. The Melbourne-based medtech is backed by hearing implant giant Cochlear (ASX: COH), which holds a 36% stake following the listing. For investors, the critical question now is whether…
Paragon Care (ASX: PGC) is betting big on Asia. The healthcare distributor, currently trading near its 52-week lows around $0.29, has struck a $70 million deal to acquire Haju Medical, an Indonesian aesthetics business that sells devices and injectables to dermatologists and cosmetic surgeons. This is the company's second acquisition in just four weeks, signalling…
Metcash (ASX: MTS) shares fell about 9% today after releasing its first-half results during an unusual ASX trading outage. The company reported a profit after tax of $142.2 million for the six months to 31 October, almost flat compared to last year. Group EBITDA rose 2% to $367.2 million, and the interim dividend stayed the…
Treasury Wine Estates (ASX:TWE) slumped more than 6 per cent to $5.45 on Monday after announcing it will write off the entire $687.4 million in goodwill from its Americas business. The non-cash impairment pushed shares to their lowest level since August 2015, with the stock collapsing from a 52-week high of $12.02, wiping out more…
Nick Scali (ASX: NCK) has delivered one of the standout performances among ASX retailers this year, with shares climbing approximately 60% despite challenging consumer conditions. Bell Potter has now initiated coverage with a buy rating and $27.00 price target, implying 15.5% upside from the current share price of $23.38. Combined with an expected 2.7% dividend…
Sunrise Energy Metals (ASX: SRL) has surged more than 2,500 percent over the past twelve months, rocketing from around $0.21 to above $6.00 as investors pile into what could become the Western world's first major primary scandium producer. A Lockheed Martin offtake deal, US government financing interest, and a freshly completed $46 million capital raise…
Silver has finally stepped out of gold’s shadow. After decades of frustration, the metal smashed through its legendary 1980 peak, racing past US$55 per ounce. With prices soaring more than 80% this year, silver isn’t just catching attention; it’s rewriting the investment playbook. The question for ASX investors is straightforward: which silver stocks offer the…
