BullStreet.com.au -ASX News & Insights’ Post

Newmont Corporation (ASX: NEM) Shares Plunge 7.5%! At the time of writing, Newmont's shares have dropped by 7.5% to $80.79, following a disappointing earnings report that fell short of Wall Street expectations. Despite being a global leader in gold production, the company's quarterly performance was impacted by rising costs and operational hurdles. Investors have responded with a significant sell-off, leading to this sharp decline in stock price. As Newmont navigates these challenges, the focus will be on addressing these issues to regain investor confidence and stabilize its market position. https://lnkd.in/eAznACzn #GoldMining #StockMarket #Investors #EarningsReport #Newmont

Investor Alert: #BHP Group Ltd's recent quarterly performance has market analysts talking 📈. Surpassing expectations with a 2% rise in iron ore and copper production, BHP’s market outlook shines despite some headwinds. #DividendWatch: Eyeing the future, Goldman Sachs forecasts a drop in payout ratio to 55% for FY 2024, signaling a shift in dividend strategy. What's on the horizon for shareholders? A projected fully franked dividend offering an appealing 5.1% yield. Curious about dividends from 2024-2028? While we anticipate adjustments, the projections suggest a gradual reduction. However, with volatile factors like commodities prices at play, it’s wise to stay informed on potential shifts. For those invested in the mining sector, understanding the volatility and its impact on earnings and dividends is key. BHP's sustained industry presence merits a close watch for developments stirring shareholder value. Get the full dividend forecast and deepen your market insights with our latest analysis: 'Forecasting BHP's Dividend Outlook Until 2028'.🔍 Read more: https://lnkd.in/gg7rbume #BHPDividends #MarketAnalysis #InvestmentInsights #ShareholderValue #MiningIndustry

Exciting news in the #MiningSector 🚀 St Barbara Ltd, a leading #gold production company on the ASX, has demonstrated exceptional growth with a 10% increase in stock value this Friday, significantly outperforming the ASX 200. This surge follows a positive quarterly update highlighting a 33% increase in gold production and a 32% jump in gold sales. 🌟 With operational improvements and strategic mining of higher-grade zones, the company closes the quarter with A$218 million in cash, showcasing efficient operations and effective management. St Barbara's commitment to their production guidance for the second half of FY 2024 has investors optimistic about the company's future prospects. 💼✨ The market's response is a strong vote of confidence in #StBarbara's trajectory, as investors keenly watch this space.📈 Read more about St Barbara Ltd's dynamic performance and what lies ahead: https://lnkd.in/gKHfXZiv #Investment #StockMarket #FinancialGrowth #GoldMining #ASX #StBarbaraLtd #MarketWatch

Proactive's Tylah Tully gives a market wrap for the 16th of August. The ASX closed higher, following a strong performance on Wall Street. The S&P/ASX 200 index gained 1.21%, closing at 7,914, surpassing its 20-day moving average. The index has risen by 2.49% over the past five days and is currently 2.18% below its 52-week high. All eleven sectors of the ASX ended the day in positive territory, with the Energy sector leading, gaining just over 2%. Zip Co was a top performer, closing 13.47% higher at AUD 2.19. Audinate Group also saw a significant increase of 5.23%, trading at AUD 9.45. James Hardie Industries was among the largest large-cap gainers, with shares rising by 6.19% to AUD 3.03. Mining companies had a strong session, with Fortescue Metals Group rising by 2.3%, Rio Tinto Group by 1.42%, and BHP by 1.5%. All major banks also showed positive movement, including NAB, which increased by 1.5% despite reporting... Watch at #Proactive #ProactiveInvestors http://ow.ly/JNvy105FAmF

#PSE #PSEi #FNI Leading Philippine manufacturer of nickel ore, Global Ferronickel Holdings, Inc. (FNI), reported P589.9 million in revenue for the first quarter of 2024, P10.6 million in net income attributable to shareholders, and P0.0021 in earnings per share (EPS). #bonds #stockmarket #stocks #realestate #finance #Business #Corporate #Corporation #Entrepreneur #Philippines #Financial #Invest #Investment #investingtips

The case for investing in junior silver stocks is as strong as it’s been since the 2008 Global Financial Crisis thanks to a confluence of factors positioning explorers for outsized long-term returns. A small-cap stock trading at a steep discount to its intrinsic value is New Pacific Metals Corp. (TSX:NUAG/NYSE:NEWP), market capitalization C$352 million, a Canadian exploration and development company advancing two silver projects in Bolivia – collectively representing almost US$25 billion in the ground – each of which holds the potential for significant shareholder value creation. #silver #silverstocks #miningstocks #stockstowatch #stocksinfocus

We're taking a bold step to unlock #shareholdervalue. 🚀 Our board of directors has launched a share buyback program. Recent milestones, including a 172% increase in indicated mineral resources at the #FergusonLake Project in #Nunavut, have convinced insiders that #CNRI’s stock is undervalued. 👀 🎬Tune in to the interview to learn more: https://loom.ly/IxyXAHQ #CriticalMinerals #MiningStocks #MineralExploration #ShareBuyback #TSXV #OTCQX #CNRSF #FSX #FSE #EO0 #CanadianNorthResources

This is part 2 of the #PerformanceCheck from some of the presented portfolio companies from our 24th #InvestmentConference for #ActiveInvestor three weeks ago. Mithril Silver and Gold Ltd (ASX:MTH TSXV:MSG) Resources. The Exploration company for #DistrictScale #highgrade #Gold & #Silver in #Mexico underlines with its release of a second batch of #DrillResults that John Skeet is on a #MissionPossible. He is on fast track #doubling the #resource within record time again. The execution of options from our family and other exisiting shareholders will help the firm to extend the current drilling operation. The consolidation of the stock after the very strong drill results in the first round, reached again attractive entry price levels between 0,40-0,50 AUD. So it was no wonder that the confirmation of another decent drill results woke up the market and interest for the stock again with a 11,2 % jump on Friday just to increase the performance further to 20% until today. T2 Metals Corporation (TSXV: TWO) (Smybol TSX-V: TWO): The Mark Saxon led firm announced with Martin Hoff (investor, sharholder in TWO, analyst and corporate strategist) a new German director to the board. The overlooked and tightly held #Copper #Exploration company made a roughly 30 % jump last week on the back of Martin's nomination and closed at 0,40 CAD/share. As our family invests in #People and #Megatrend this is what we enjoy to experience again and again. It demonstrates whats important in life - PEOPLE! Loncor Gold Inc (TSX: LN) (OTCQX:LONCF) (FSE:LO5) TSX: LN: Our Family has started to invest into Loncor Gold as we feel we can buy in at bargain prices. Over the last couple of months we have spent considerable time with John Barker (CEO) and Arnold Kondrat(Chairman) to figure out and analyse the potential of their property in DRC. We are meanwhile convinced feel that country risk is not justifiying the substantial discount of Loncor's #valuation to their peer group while the merits of their #PEA (pre economic assesment study) #demonstrate a robustness of the project that nobody can oversee. So #investing in a company at 60 Mio CAD Market Cap, that has according to the PEA a NPV of 600 Mio USD$ at just 1.600 USD/ounce Gold price, while Gold is currently trading at 2700 USD/ounce right now - can be described with the word #BARGAIN! The picture below shows John Barker while he is demonstrating our audience in Munich that Loncor Gold Inc (TSX: LN) (OTCQX:LONCF) (FSE:LO5) is within the peer group heavily discounted but through its #development stage therefore an even more attractive #InvestmentCase #Investments in #People and #Megatrends #PreciousMetals #FamilyOffices #HNWIs #AssetManagers independent #WealthCreation

🇰🇷 M&As: "Korea Zinc, MBK face proxy war for the zinc smelter" ⛏ They may find it difficult to seize a majority stake in Korea Zinc, say analysts Korea Zinc Inc.'s face-off with an MBK Partners-led consortium over control of the world’s largest zinc smelter looks set to escalate into a lengthy proxy fight after the two sides failed to secure its majority in tender offers. In a regulatory filing on Monday, Korea Zinc said it had bought back shares equivalent to a 11.26% stake, including a 1.41% stake bought by Bain Capital, in the market over the past three weeks. The 2.1 trillion won ($1.5 billion) repurchase falls short of its target of 20%. Korea Zinc teamed up with the US private equity firm to counter a takeover bid by a consortium between North Asia-focused buyout firm MBK and Young Poong Corp., its largest shareholder with a 25.4% stake. Given that companies are not allowed to..... 👉 Article: https://lnkd.in/dzs4GUrP #southkorea #electricvehicles #evs #mining #criticalminerals #zinc