Morgans Sticks to Their Buy Rating for Mineral Resources Limited (MALRF)
In a report released today, Annabelle Sleeman from Morgans maintained a Buy rating on Mineral Resources Limited (MALRF – Research Report), with a price target of A$26.00. The company's shares closed last Monday at $15.50.
Confident Investing Starts Here:
According to TipRanks, Sleeman is an analyst with an average return of -13.5% and a 27.27% success rate. Sleeman covers the Basic Materials sector, focusing on stocks such as Evolution Mining , Liontown Resources Limited, and Mineral Resources Limited.
In addition to Morgans, Mineral Resources Limited also received a Buy from Morgan Stanley's Rahul Anand in a report issued on May 26. However, on May 27, J.P. Morgan maintained a Hold rating on Mineral Resources Limited (Other OTC: MALRF).
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 hours ago
- Yahoo
How the Smart Money Flies With Southwest Airlines (LUV) Stock Options
Investors with a shorter-term outlook may find an opportunity in Southwest Airlines (LUV). Last week, Deutsche Bank upgraded LUV from a Hold to a Buy rating and raised its 12-month price target significantly, from $28 to $40. This reflects growing confidence in the airline's strategic initiatives and their potential to drive meaningful growth. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter From an investment perspective, the current narrative surrounding Southwest may offer sufficient justification for considering exposure to LUV stock. Notably, the $40 price target allows for flexibility over a standard 12-month horizon, giving the investment thesis time to develop. Additionally, equity investments do not expire; while they can decline in value, they retain their intrinsic potential over time. With options, it's a whole different ballgame, which is why I don't think it's helpful to consider narratives or even financial performance and projections. The investing ecosystem focuses mainly on the 'why' of an opportunity. With options, the focus is on the 'how' — how much, how fast, how likely. Probabilities represent the most crucial aspect of trading derivatives, as options eventually expire. Therefore, whatever thesis you have must be positionally accurate within the allotted time period. As such, consistently successful options strategies require specific, granular data. In this regard, traditional analytical methodologies can be distracting. Still, if you're willing to let go of convention, a bullish options strategy on LUV stock is currently in play. What's most important about understanding the discipline of trading is that the market represents a dependent event; that is, future price action depends on prior price behaviors, volume, news, positioning, sentiment, liquidity stress, and a host of other catalysts. Essentially, the price of LUV stock or any other security is influenced by a prior chain of events. As such, it's imperative that traders treat the market not as a fresh shuffling of the cards, as though every trade setup is an independent event. Rather, the deck is already in motion, reflecting the news and catalysts that have been publicly revealed or exposed. Subsequently, market participants who keep track of the count (so to speak) have a tremendous advantage. Regarding LUV stock, over the past two months, the security printed a '6-4-D' market breadth sequence: six up weeks, four down weeks, with a net negative trajectory across the 10-week period. Using an AI-based algorithm, I'm able to determine that this sequence occurred 48 times in the trailing 10 years. More importantly, in nearly 67% of cases, the following week's price action results in upside, with a median return of 3.19%. Given that LUV stock closed at $33.38 on Friday, if the 6-4-D pattern's implications pan out as projected, the security may hit $34.44 in short order, perhaps within a week or two. If the bulls maintain control of the market, a push above $35 wouldn't be unreasonable. What makes the above setup so compelling is that, as a baseline, LUV barely features a positive bias. On any given week, the chance that a long position will be profitable is only 51.2%. That's calculated by taking the number of positive weeks divided by the total number of weeks in the dataset. Basically, the 6-4-D sequence improves the odds from a coin toss to a 67/33 wager in favor of the bullish speculator. If you're a numbers person, you're incentivized to take a shot here. Those interested in rolling the dice may consider buying the 33.50/35 bull call spread expiring June 20. This transaction involves purchasing the $33.50 call and subsequently selling the $35 call, for a net debit paid of $66. Should LUV stock rise through the short strike price at expiration, the maximum reward is $84, a payout of over 127%. Fair warning, this trade will be tight. Based on prior trends, the median positive performance from the 6-4-D sequence will have LUV stock trading around $34.70. That's more than enough to exceed the aforementioned trade's breakeven price of $34.16. However, it does fall a bit short of the $35 target. Granted, median performance also means that LUV stock can perform better than expected or worse. The risk here is multi-dimensional. While the chance of upside is higher, the magnitude of upside represents more of a guessing game. What could break the deadlock is that the $35 level is almost certainly a psychologically significant price target. Therefore, it wouldn't be surprising for the bulls to attempt to push toward that level, making the 33.50/35 bull spread attractive. Turning to Wall Street, LUV stock carries a Hold consensus rating based on six Buys, seven Holds, and four Sell ratings acquired over the past three months. The average LUV price target is $31.38, implying almost 6% downside risk over the next twelve months. Southwest Airlines is emerging as an increasingly compelling investment opportunity. For traders focused on shorter-term gains, however, LUV stock may be even more attractive in the near term. While its baseline probability of upside performance is only modestly above average, current market breadth indicators point to a potential strengthening trend. Given these signals, bullish investors may find added incentive to initiate a position. Disclaimer & DisclosureReport an Issue
Yahoo
5 hours ago
- Yahoo
Golden Cariboo Launches Ground Geophysical Survey to Delineate Critical Contacts and Potential Mineralization Adjacent the Halo Zone
VANCOUVER, BRITISH COLUMBIA - June 3, 2025 (NEWMEDIAWIRE) - Golden Cariboo Resources Ltd. (the "Company") (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announces the commencement of a spontaneous or self-potential ("SP") geophysical survey adjacent the mineralized geological trend of the Halo and Main zones of its Quesnelle Gold Quartz Mine property (the "Property"), located about 4 km (2.5 miles) northeast of Hixon, British Columbia, Canada. This initiative is set to assist with identifying the near surface contact between metasedimentary lithologies, namely the argillite, and greenstone as well as pinpoint any fault offsets. Recent step-out drilling at the Halo zone confirms the Company's geological model of a strongly mineralized area associated with the lithological contact between argillite and greenstones (May 27, 2025 News Release). The SP geophysical method may assist with accurately identifying the near surface location and extent of this important contact as it is known for detecting subtle electrical potential differences in the ground which can be correlated to variations between rock lithology and may also correlate to mineralized zones. Golden Cariboo's experienced team has a proven track record with this technique. In its discovery year, the team successfully applied the SP method at Osisko's Bonanza Ledge Mine, delineating the near surface footprint of gold mineralization with remarkable precision. This success not only confirmed the method's effectiveness but also led to the identification of several additional targets, which subsequently became the focus of further exploration. This historical achievement underscores the reliability of this method in the Cariboo Gold District. The initiative reaffirms the Company's strategic commitment to integrating proven technology into every phase of its exploration program. Preliminary survey results will immediately be integrated into drilling and trenching campaigns, contributing to a robust geological model that will highlight priority target areas. About Golden Cariboo Resources Ltd. Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with highly targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property which is bordered by Osisko Development, partly intertwined with them at the north end of the Cariboo Gold Project, and located along a favorable corridor adjacent to the Spanish and Eureka thrust faults over a 94,899 hectare (234,501 acre) area. Historically, over 101 placer gold creeks on the 90-kilometer (56-mile) trend from the Cariboo Hudson mine north to the Quesnelle Gold Quartz Mine property have recorded production and successful placer mining continues to this day. Golden Cariboo's Quesnelle Gold Quartz Mine property is 4 kilometers (2.5 miles) northeast of, and road accessible from, Hixon in central British Columbia. The Property includes the Quesnelle Quartz gold-silver deposit, which was discovered in 1865 in conjunction with placer mining activities. Hixon Creek, which dissects the old workings, is a placer creek which has seen small-scale placer production since the mid 1860s. For further information please contact: GOLDEN CARIBOO RESOURCES LTD "J. Frank Callaghan" J. Frank Callaghan, President & CEOTel: 604-669-6463 VISIT OUR WEBSITE FOR MORE LIKE AND FOLLOWInstagram, Facebook, X (Twitter), LinkedIn Neither the "CSE" Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements: This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding; the expectation that the Company will receive all necessary exemptions and approvals to complete the Offering; the expectation that the Company will complete the Offering on the terms disclosed, or at all; the expectation that the proceeds will be used for property exploration and for general working capital; the Company's exploration plans with respect to its Quesnelle Gold Quartz Mine property; and the anticipated participation of the insider in the Offering. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will receive all necessary exemptions and approvals to complete the Offering; that the Company will complete the Offering on the terms disclosed, or at all; that the proceeds will be used for property exploration and for general working capital; that the Company will have the resources required to proceed with its exploration plans; that the Company will not run into regulatory or other barriers in carrying out its business plans; that the insider will participate in the Offering, on the terms and conditions and in the amount currently expected by management; and that the Company will be able to rely on the exemption from the formal valuation and minority shareholder approval requirements on the basis anticipated. Additionally, forward-looking information involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the Company will not receive the necessary exemptions and approvals to complete the Offering; that the Company will not complete the Offering on the terms disclosed, or at all; that the Company will be unable to use the proceeds for property exploration and for general working capital; that the Company may incur unanticipated costs; that the Company may not have the resources required to pursue its exploration plans; that the Company's operations could be adversely affected by possible future government legislation policies and controls or by changes in applicable laws and regulations; that the insider may not participate in the Offering on the terms and conditions and in the amount currently expected by management, or at all; and that the Company may not be able to rely on the exemption from the formal valuation and minority shareholder approval requirements on the basis currently expected. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Neither the Company nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither the Company nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this news release by you or any of your representatives or for omissions from the information in this news release. The forward-looking statements herein speak only as of the date they were originally made. The Company has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Yahoo
7 hours ago
- Yahoo
German auto industry risks production halts over Chinese rare earth export restric
-- Germany's automobile industry could face production delays and potential outages due to China's export restrictions on rare earths alloys, mixtures, and magnets, according to a warning issued by the German auto lobby, VDA. The lobby's head, Hildegard Mueller, highlighted the severity of the issue in a statement on Tuesday, citing slow export license approvals and customs clearance delays as the primary causes of the problem. This is the first time VDA has warned of a potential halt in production due to these issues. The slow granting of export licenses and lags in customs clearances for exports with valid licenses are causing significant issues for automakers. In response to the new rules imposed by China in April, which require exporters to obtain licenses from Beijing, diplomats, automakers, and executives from India, Japan, and Europe are urgently seeking meetings with Beijing officials. Their goal is to push for a faster approval process for rare earth magnet exports. Mueller stressed the urgency of the situation, stating that while some licenses have been granted, it is currently insufficient to ensure smooth production. If the situation does not change quickly, she warned, production delays and even production outages could become a reality. The shortage poses a significant threat to the already strained supply chains of automakers such as Volkswagen (ETR:VOWG_p), Mercedes-Benz (OTC:MBGAF), and BMW (ETR:BMWG), as well as suppliers like Bosch (NSE:BOSH). These companies, among others, rely on rare earths for applications, including motors for electric cars. Related articles German auto industry risks production halts over Chinese rare earth export restric GSK cut to Hold by Berenberg as investors await proof from upcoming drug launches Evercore upgrades Block on lower lending risk and steady consumer trends
