Lynas Expands Heavy Rare Earths Production
Lynas Rare Earths (ASX: LYC) has solidified its position as a leading producer of heavy rare earths, being the only non-Chinese company to commercially produce dysprosium oxide. As global trade tensions encourage diversification in rare earth supply chains, Lynas stands out to meet this demand with its facility in Malaysia and expansion plans globally. The…
BHP Shares Downgraded on Perceived Iron Ore Imbalance
Financial advisory firm Bernstein has cut its rating for BHP Group’s shares (ASX:BHP) this week from Outperform to Market-Perform, whilst also reducing their price target from $52.50 to $50.50. This decision reflects Bernstein’s assessment of limited upside potential for BHP, as the firm re-evaluates its expectations for the iron ore sector. BHP’s shares have responded…
52 Week Lows – 19th May 2025
Stocks hitting 52 week lows and 52 week highs are closely watched by investors looking for value and high growth respectively. Bargain hunters look for profitable companies hitting 52 week lows, whereas stocks hitting 52 week highs provide fertile ground for growth seeking investors. Here are the stocks hitting 52 week lows and 52 week highs this…
Upcoming Earnings and Dividends – 19th May 2025
In this article we take a look at the upcoming dividends and earnings to watch out for on the ASX this week. Upcoming Earnings Although the earnings seasons in Australia center on Half-Year results in February, and Full-Year results in August, earnings release come all year. This week thirteen companies with market caps…
Market Outlook – 19th May 2025
We take a look back at the key events from last week, check the market outlook for this week and list the key economic events, data releases and IPOs to look for. Summary of Last Week The ASX 200 opened the week with a strong surge out of the gate on early news…
Astute Metals Reports High-Grade Lithium at Red Mountain
Astute Metals NL (ASX: ASE) has announced significant findings from its April 2025 diamond drilling campaign at the Red Mountain Lithium Project in Nevada, USA. A key highlight from the drilling campaign is the high-grade lithium mineralisation identified in drill-hole RMDD003, which intersects three zones of high-grade lithium. The Red Mountain Project, staked by Astute…
Rio Tinto Shares (ASX: RIO) Dip Below $120 on Red Start to Week
Rio Tinto shares (ASX: RIO) started the week with a retracement below $120, closing the day down 1.31% at $119.46 as the ASX200 also ended an eight day rally with a 0.58% decline. Performance has been mixed for RIO over the past year, with a significant amount of the action taking place between $110 and…
Lindsay Australia Shares Underperforming, Could SRT Acquisition Provide Boost?
Lindsay Australia (ASX: LAU), a major player in the transport sector, is set to expand its national reach significantly with the acquisition of Tasmania’s largest refrigerated logistics provider, SRT Logistics. The Brisbane-based company is acquiring SRT for a total of $108.2 million. This strategic acquisition marks Lindsay’s first expansion across the Bass Strait, further enhancing…
IAG Shares Hit Resistance at 9, Drop Into Weekend as Latest Deal Digested
IAG’s shares (ASX: IAG) have fallen 2.81% on the final trading day of the week, after once again testing the $9 level, and finding it hard to crack. Touching $9.03 early in the session, with more than 1% in gains through the first 15 minutes of the day, IAG then went into reverse in closing…
Aristocrat Leisure Shares (ASX:ALL) Sharply Lower as Revenue Misses
Aristocrat Leisure shares (ASX: ALL) fell sharply today, down 8.85% as H1 earnings came in below estimates for the period. The day could in fact have been considerably worse, with the shares moving more than 6% off the intra-day low. Revenue of $3.03billion was an 8.7% rise from the same period YoY, yet represented a miss…
