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Yahoo
a day ago
- Business
- Yahoo
3 ASX Stocks That Might Be Undervalued In August 2025
As the ASX200 edges higher with positive investor sentiment, the Materials sector leads the charge, followed closely by Financials and Telecommunications. In this environment, identifying undervalued stocks becomes crucial for investors looking to capitalize on potential growth opportunities amidst fluctuating sector performances. Top 10 Undervalued Stocks Based On Cash Flows In Australia Name Current Price Fair Value (Est) Discount (Est) Vysarn (ASX:VYS) A$0.52 A$0.98 47.1% Reckon (ASX:RKN) A$0.655 A$1.18 44.7% PointsBet Holdings (ASX:PBH) A$1.26 A$2.14 41.1% Fenix Resources (ASX:FEX) A$0.305 A$0.51 39.9% Elders (ASX:ELD) A$7.55 A$14.04 46.2% Collins Foods (ASX:CKF) A$9.35 A$16.20 42.3% Charter Hall Group (ASX:CHC) A$21.70 A$36.21 40.1% Austal (ASX:ASB) A$6.86 A$13.11 47.7% archTIS (ASX:AR9) A$0.21 A$0.41 48.3% Advanced Braking Technology (ASX:ABV) A$0.10 A$0.16 39.3% Click here to see the full list of 31 stocks from our Undervalued ASX Stocks Based On Cash Flows screener. Here we highlight a subset of our preferred stocks from the screener. Capricorn Metals Overview: Capricorn Metals Ltd is involved in the evaluation, exploration, development, and production of gold properties in Australia with a market cap of A$4.24 billion. Operations: The company's revenue primarily comes from its Karlawinda gold operations, generating A$379.47 million. Estimated Discount To Fair Value: 36.8% Capricorn Metals appears undervalued, trading at A$9.83 against an estimated fair value of A$15.54, a 36.8% discount. The company recently repaid its $50 million debt early, supported by strong cash flows and $405 million in cash and bullion holdings as of March 2025. With earnings forecasted to grow significantly at 24.73% annually, outpacing the Australian market's growth rate of 10.9%, Capricorn is well-positioned for future expansion projects like Karlawinda and Mt Gibson Gold Projects. Our comprehensive growth report raises the possibility that Capricorn Metals is poised for substantial financial growth. Take a closer look at Capricorn Metals' balance sheet health here in our report. Nanosonics Overview: Nanosonics Limited is a global infection prevention company with a market capitalization of A$1.21 billion. Operations: The company's revenue is primarily derived from its Healthcare Equipment segment, totaling A$183.97 million. Estimated Discount To Fair Value: 22.5% Nanosonics is currently trading at A$4, below its estimated fair value of A$5.16, reflecting a discount of over 20%. Despite a low forecasted return on equity of 13.9% in three years, earnings are projected to grow significantly at 22.9% annually, surpassing the Australian market's growth rate. Revenue growth is expected to be 9.6% per year, also outpacing the broader market's rate of 5.6%, highlighting potential for continued business expansion supported by cash flows. Our growth report here indicates Nanosonics may be poised for an improving outlook. Click here and access our complete balance sheet health report to understand the dynamics of Nanosonics. Nick Scali Overview: Nick Scali Limited, with a market cap of A$1.75 billion, operates in the sourcing and retailing of household furniture and related accessories across Australia, New Zealand, and the United Kingdom. Operations: The company's revenue is primarily generated from the retailing of furniture, amounting to A$495.28 million. Estimated Discount To Fair Value: 39.3% Nick Scali is trading at A$20.51, significantly below its estimated fair value of A$33.76, indicating it is undervalued by more than 20%. Despite a decline in net income to A$57.68 million from the previous year's A$80.61 million, revenue growth is forecasted at 9% annually, outpacing the Australian market's 5.6%. Although profit margins have decreased to 11.6%, earnings are expected to grow faster than the market at 17% per year. In light of our recent growth report, it seems possible that Nick Scali's financial performance will exceed current levels. Unlock comprehensive insights into our analysis of Nick Scali stock in this financial health report. Seize The Opportunity Reveal the 31 hidden gems among our Undervalued ASX Stocks Based On Cash Flows screener with a single click here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Searching for a Fresh Perspective? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:CMM ASX:NAN and ASX:NCK. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
News.com.au
06-08-2025
- Business
- News.com.au
Closing Bell: ASX brings home the gold, smashes 8,800 ceiling for new record close
Gold stocks drive gains with index climbing 3.3pc ASX hits new record close at 8843 points Broad market strength with 10 of 11 sectors up Solid gains supported by gold It was another picturesque day of trading on the ASX today, rising steadily through the day to close at a new all-time high of 8843.7 points (+0.84%). While it was certainty a team effort with 10 of 11 sectors higher, gold stocks were one of the core drivers of gains today. Energy and discretionary also put in some hard yards, rising more than 1% each. The only laggard was utilities, down 0.06%. Too bad for our infrastructure stocks, no participation trophies will be handed out today. Taking the crown for market movers was gold stock Northern Star (ASX:NST) which climbed 4.9%. Newmont Corp (ASX:NEM) also added 2% and Capricorn Metals (ASX:CMM) 5.2%. A little further down the totem pole, Perseus Mining (ASX:PRU) lifted 2.6% and Ramelius Resources (ASX:RMS) 3.7%. While gold prices haven't appreciated much in recent weeks, the demand paradigm for the precious metal continues to improve as US markets anticipate an interest rate cut next month. There was also some strong movement in energy stocks. Beetaloo Energy Australia (ASX:BTL) added 8%, Strike Energy (ASX:STX) 9% and Coronado Global Resources (ASX:CRN) 7.9%. ASX Leaders Today's best performing stocks (including small caps): Code Name Last % Change Volume Market Cap RLG Roolife Group Ltd 0.007 75% 1.54E+08 $6,371,125 MTL Mantle Minerals Ltd 0.0015 50% 1000000 $6,447,446 BMG BMG Resources Ltd 0.011 38% 24298471 $6,755,177 RHY Rhythm Biosciences 0.13 37% 9529722 $26,987,659 ROG Red Sky Energy. 0.004 33% 205896 $16,266,682 LIN Lindian Resources 0.125 33% 30664878 $111,241,690 KM1 Kalimetalslimited 0.15 30% 202308 $9,527,457 SHO Sportshero Ltd 0.035 30% 5311325 $21,686,238 IFM Infomedia Ltd 1.675 27% 34845066 $499,513,991 ALV Alvomin 0.029 26% 457314 $4,491,091 ERA Energy Resources 0.0025 25% 703738 $810,792,482 H2G Greenhy2 Limited 0.02 25% 1107248 $11,006,589 TMX Terrain Minerals 0.0025 25% 500000 $5,063,629 WBE Whitebark Energy 0.005 25% 100200 $2,802,231 BTM Breakthrough Minsltd 0.13 24% 505828 $7,220,923 TOU Tlou Energy Ltd 0.026 24% 3465 $27,270,271 WTM Waratah Minerals Ltd 0.56 22% 7708511 $107,415,642 LMS Litchfield Minerals 0.12 20% 15390 $2,904,606 AJX Alexium Int Group 0.006 20% 408907 $7,932,143 ALM Alma Metals Ltd 0.006 20% 581771 $9,253,686 AN1 Anagenics Limited 0.006 20% 209032 $2,481,602 CZN Corazon Ltd 0.003 20% 74871454 $2,961,431 TEG Triangle Energy Ltd 0.003 20% 7123662 $5,223,085 JAN Janison Edu Group 0.2025 19% 287252 $44,181,003 AZ9 Asianbatterymet PLC 0.038 19% 2732082 $13,814,328 In the news… RooLife Group (ASX:RLG) is pushing into the Chinese market through one of the country's biggest distribution giants, inking a two-year deal with Eternal Asia. RLG will source and supply health, wellness and food and beverage products under the supply deal, with potential orders valued at up to CNY 500 million (A$110m). BMG Resources (ASX:BMG) is gearing up for a scoping study at the Abercromby gold project in WA, drumming up commitments to raise $600,000 in a share placement at 0.8 cents a share. BMG says it had to turn away subscriptions despite offering no discount to its last share closing price, choosing to keep share dilution to a minimum as it seeks to leverage Abercomby's 518,000 ounce gold resource. Lindian Resources (ASX:LIN) and fellow rare earth stock Iluka Resources (ASX:ILU) have shaken hands over a 15-year strategic rare earth offtake deal. The two companies will swap 6,000 tonnes of rare earth concentrate to feed ILU's Eneabba refinery in WA for a US$20m construction loan to support development of LIN's Kangankunde rare earths project in Malawi. Infomedia (ASX:IFM) moved strongly higher today after an embarrassing blunder by the ASX itself drew wide attention to a takeover offer from private firm TPG Capital. The ASX mistakenly announced publicly-listed TPG Telecom (ASX:TPG) had made the takeover offer, subsequently scrambling to place the stock in a trading halt and unwind the morning's trades once the error was identified. IFM has entered into a scheme of arrangement with TPG Capital, wherein Infomedia shareholders will receive $1.72 per share in cash, a hefty 41% premium to the share's 3-month VWAP. ASX Laggards Today's worst performing stocks (including small caps): Code Name Last % Change Volume Market Cap ATX Amplia Therapeutics 0.175 -27% 30921029 $116,754,486 ACS Accent Resources NL 0.006 -25% 110800 $3,916,298 AUK Aumake Limited 0.003 -25% 10170000 $12,093,435 CR9 Corellares 0.003 -25% 61335 $4,029,079 CT1 Constellation Tech 0.0015 -25% 33229 $2,949,467 JAY Jayride Group 0.003 -25% 495111 $5,711,556 PAB Patrys Limited 0.0015 -25% 1000000 $4,731,620 ASE Astute Metals NL 0.017 -23% 11957646 $13,599,294 BYH Bryah Resources Ltd 0.004 -20% 1122958 $5,142,663 DDT DataDot Technology 0.004 -20% 1 $6,054,764 PIL Peppermint Inv Ltd 0.002 -20% 305 $5,752,724 ZEU Zeus Resources Ltd 0.013 -19% 7817111 $11,478,986 EVR Ev Resources Ltd 0.009 -18% 349525 $24,502,537 HMI Hiremii 0.043 -17% 49090 $7,855,766 IND Industrialminerals 0.125 -17% 40006 $12,048,375 NOX Noxopharm Limited 0.1 -17% 242338 $35,068,554 AAU Antilles Gold Ltd 0.005 -17% 19242149 $14,274,408 FAU First Au Ltd 0.005 -17% 2235248 $12,457,748 JAV Javelin Minerals Ltd 0.0025 -17% 1561666 $18,756,675 MEL Metgasco Ltd 0.0025 -17% 46339 $5,511,260 EDEDA Eden Inv Ltd 0.033 -15% 748473 $8,014,268 CMG Criticalmineralgrp 0.14 -15% 7757 $14,939,820 PL3 Patagonia Lithium 0.034 -15% 515 $4,776,414 LCL LCL Resources Ltd 0.006 -14% 1000000 $8,394,800 PLC Premier1 Lithium Ltd 0.006 -14% 6853560 $2,576,424 In Case You Missed It Caprice Resources' (ASX:CRS) final assays from third phase drilling have revealed high-grade gold in new zones at Vadrian's within the Island project. Aldoro Resources' (ASX:ARN) Kameelburg deposit has received a boost after two more holes extended the mineralised zone, encountering significant niobium along with REE. Argent Minerals (ASX:ARD) has begun pre-development work at Kempfield, with diamond drilling and a scoping study planned. Albion Resources (ASX:ALB) accelerates into Yandal Greenstone gold with a second phase drill campaign. Power Minerals (ASX:PNN) has started second phase drilling at the Santa Anna project in Brazil, hunting for broad zones of niobium and rare earths. New Age Exploration (ASX:NAE) has hit shear-hosted gold similar to Macraes-style mineralisation in RC drilling at the Lammerlaw project. Last Orders Asian Battery Metals (ASX:AZ9) has resumed drilling at the Oval copper-nickel project in Mongolia, after pausing the program to allow for an electromagnetic survey over the Yambat tenement. AZ9 is looking to test for conductor plates, establishing whether EM surveys are an effective tool to expand the Oval project's mineralised footprint. Trading Halts
News.com.au
01-08-2025
- Business
- News.com.au
Gold Digger: Producers are in the money as gold prices remain in the stratosphere
Gold producers report strong results thanks to high gold prices Prices remain elevated with potential for more gains Capricorn reported record quarterly cash flow of $85.7m in June 2025 quarter Strong US economic may have tamped some of the excitement around gold but giant Canadian global asset manager Fidelity believes the precious metal could be testing the US$4000/oz mark by the end of this year. This scenario could play out if the Federal Reserve begins to cut rates and the US dollar continues to decline. For ASX gold players, though, what's important is that gold soared in the first four months of this year and have remained elevated within a relatively narrow band since then, a point that has proven beneficial to the bottom lines of the producers while giving certainty to the explorers. A case in point is Capricorn Metals (ASX:CMM), which generated a record quarterly cash flow of $85.7m in the June 2025 quarter, up from $80.8m in the previous quarter. This was due in part to increased gold production from its Karlawinda project, which poured 32,216oz of gold at an all-in-sustaining cost of$1381/oz – representing improvements from last quarter's output of 30,599oz gold at an AISC of $1390/oz. Material movement increased by 18% from the March 2025 quarter, reflecting the ongoing mining productivity efforts that delivered the increase in mining volumes throughout FY2025. For the current financial year, Capricorn expects to produce between 115,000 and 125,000oz of gold at AISC of $1530-1630/oz with growth capital of $30-40m as mining transitions to the Karlawinda expansion project following approval from WA's Department of Energy, Mines, Industry Regulation and Safety. Full procurement and early site works will commence in the December 2025 quarter. Meanwhile, Ramelius Resources (ASX:RMS) delivered underlying free cash flow of $207.8m during the June 2025 quarter from production of 73,454 ounces gold at an AISC of $1339/oz, well above its guidance of 62,000-72,000 ounce. The company, which has just finished gobbling up Spartan Resources by way of a scheme of arrangement, also noted a sector-leading AISC margin of $3103/oz for the quarter thanks in no small part to the gold price. It wasn't content with just these achievements, though. Ramelius also announced record annual gold production of 301,664oz at an AISC of $1551/oz, exceeding its upgraded production guidance range of 290,000-300,000oz and the bottom of the upgraded AISC guidance range of $1550-1650/oz. For this financial year, the company expects to spend between $80-100m, up from $47.1m in FY2025, to aggressively target high-grade opportunities at the new enlarged Mt Magnet hub. High gold prices also proved to be a boon for Perseus Mining (ASX:PRU), which saw nominal cash flow of $189m from the sale of 131,242oz of gold at an average sale price of US$2977/oz ($4625.60). This offset the increase in AISC from US$1290/oz in the March 2025 quarter up to US$1417/oz in the June 2025 quarter. Perseus adds that for FY2026, it expects to produce between 400,000 and 440,000 ounces of gold at an AISC range of US$1460-1620/oz. Explorers making waves Sunstone Metals (ASX:STM) has seen strong interest on the market since noting in its quarterly that due diligence and discussions with several parties are continuing. These activities cover a range of potential outcomes, including corporate transactions and farm-out agreements on either or both of Bramaderos and El Palmar gold-copper projects in southern and northern Ecuador. Meanwhile, Askari Metals (ASX:AS2) launched regional exploration at its Nejo gold and copper project in Ethiopia to test for high-grade, shallow mineralisation across two major gold corridors. The Guliso trend includes the Soyoma, Dina, Chago and South Chago gold targets and is open along strike in both directions while Guji-Gudeya includes the drill-ready Guji, Komto 1 and Komto 2 gold targets that have seen minimal follow-up despite confirmed gold mineralisation. Winners and losers Here's how ASX-listed precious metals stocks are performing: CODE COMPANY PRICE WEEK % MONTH % 6 MONTH % YEAR % YTD % MARKET CAP SBR Sabre Resources 0.011 22% 38% 38% -15% 10.00 $4,339,081.26 PXX Polarx Limited 0.011 22% 83% 22% 0% 69.23 $23,755,009.78 ALY Alchemy Resource Ltd 0.006 20% 20% 0% -14% -14.29 $7,068,457.54 MBK Metal Bank Ltd 0.012 20% 0% -20% -42% -20.00 $5,969,507.98 KCC Kincora Copper 0.068 19% 70% 143% 48% 151.85 $15,756,730.90 BM8 Battery Age Minerals 0.071 18% 29% -27% -41% -32.38 $10,777,929.43 CBY Canterbury Resources 0.026 18% -10% 4% -43% 18.18 $5,393,463.30 GIB Gibb River Diamonds 0.047 18% 52% 24% 31% 17.50 $9,009,396.69 AM7 Arcadia Minerals 0.028 17% 65% 40% -22% 47.37 $3,286,736.12 A8G Australasian Metals 0.072 16% 16% -6% -15% -8.86 $4,168,060.20 BNR Bulletin Res Ltd 0.054 15% -4% 29% 15% 38.46 $15,267,892.80 LAT Latitude 66 Limited 0.043 13% 87% 19% -59% 13.16 $6,166,230.32 CPM Coopermetalslimited 0.054 13% 50% 17% -14% 17.39 $4,074,493.80 TAR Taruga Minerals 0.009 13% 13% -10% 29% -10.00 $6,423,786.52 NH3 Nh3Cleanenergyltd 0.059 11% 84% 181% 293% 227.78 $36,276,065.29 GSM Golden State Mining 0.01 11% 25% 25% -9% 25.00 $2,234,965.04 ORN Orion Minerals Ltd 0.01 11% -5% -38% -38% -33.33 $65,534,724.62 BNZ Benzmining 0.66 11% 38% 69% 500% 91.30 $131,529,230.30 ERM Emmerson Resources 0.165 10% 32% 57% 200% 114.29 $104,888,494.26 GG8 Gorilla Gold Mines 0.415 9% 4% 80% 321% 59.62 $242,334,782.25 CST Castile Resources 0.06 9% 9% -5% -24% -25.00 $18,344,914.80 MHC Manhattan Corp Ltd 0.026 8% 30% 18% -22% 36.84 $11,147,472.45 GML Gateway Mining 0.027 8% 0% 13% 17% 28.57 $10,220,507.38 FAL Falconmetalsltd 0.5 6% 223% 270% 67% 334.78 $87,003,080.43 ZAG Zuleika Gold Ltd 0.019 6% 27% 58% 6% 46.15 $14,095,718.61 CAZ Cazaly Resources 0.02 5% 5% 67% -13% 42.86 $9,226,059.82 WTM Waratah Minerals Ltd 0.3 5% 11% 107% -2% 93.55 $70,053,679.80 ADN Andromeda Metals Ltd 0.0115 5% -4% 92% -39% 64.29 $43,876,132.42 PRS Prospech Limited 0.023 5% 53% 10% -36% -20.69 $9,091,821.29 BEZ Besragoldinc 0.05 4% -7% -33% -17% -44.44 $19,528,357.36 LEX Lefroy Exploration 0.135 4% 23% 78% 69% 92.86 $33,536,718.63 GSN Great Southern 0.027 4% 0% 29% 50% 80.00 $25,916,911.54 MAU Magnetic Resources 1.54 4% 1% 22% 7% 39.37 $409,221,975.48 NVA Nova Minerals Ltd 0.28 4% -13% -18% 107% -24.32 $118,442,918.02 CYL Catalyst Metals 5.1 3% -2% 45% 166% 97.67 $1,284,194,478.90 FEG Far East Gold 0.175 3% 13% -8% 30% -2.78 $64,229,804.28 IDA Indiana Resources 0.09 2% 7% 27% 104% 47.54 $57,203,188.76 SLA Solara Minerals 0.23 2% 39% 53% -8% 155.56 $15,076,053.98 SFM Santa Fe Minerals 0.275 2% 787% 605% 733% 787.10 $18,932,885.14 ALK Alkane Resources Ltd 0.71 1% -1% 20% 63% 39.22 $432,962,452.78 XAM Xanadu Mines Ltd 0.08 1% 1% 70% 40% 63.27 $183,296,895.12 LM8 Lunnonmetalslimited 0.2325 1% -5% 13% 45% -7.00 $51,296,050.46 SLZ Sultan Resources Ltd 0.006 0% 0% 0% -25% 0.00 $1,566,501.38 IPT Impact Minerals 0.009 0% 50% -13% -40% -4.70 $32,906,639.74 MOH Moho Resources 0.004 0% 0% -20% -20% -20.00 $3,727,070.14 MRZ Mont Royal Resources 0.041 0% 0% 37% -32% -4.65 $3,486,221.51 DRE Dreadnought Resources Ltd 0.011 0% 22% -8% -45% -8.33 $55,874,500.00 SRN Surefire Rescs NL 0.002 0% 33% -40% -66% -31.67 $6,457,218.50 WCN White Cliff Min Ltd 0.025 0% 14% 25% 56% 56.25 $53,644,495.21 ASR Asra Minerals Ltd 0.002 0% 33% -20% -69% -33.33 $8,000,396.02 CTO Citigold Corp Ltd 0.004 0% 0% -20% -20% 0.00 $12,000,000.00 M2R Miramar 0.004 0% 33% 0% -33% 33.33 $3,987,293.14 EMC Everest Metals Corp 0.14 0% 4% -3% 17% 3.70 $31,378,375.70 GUL Gullewa Limited 0.069 0% 6% 23% -1% 23.21 $15,043,529.87 ADV Ardiden Ltd 0.165 0% 14% 14% 27% 22.22 $10,315,388.49 NAE New Age Exploration 0.0035 0% 17% 0% -30% 0.00 $9,470,689.92 VKA Viking Mines Ltd 0.007 0% 17% 0% -13% -12.50 $9,407,641.24 LCL LCL Resources Ltd 0.006 0% 0% -25% -14% -40.00 $7,195,542.91 ADG Adelong Gold Limited 0.005 0% 11% 0% 25% 11.11 $11,243,383.37 AAM Aumegametals 0.036 0% 20% -20% -22% -14.29 $21,211,774.40 EM2 Eagle Mountain 0.006 0% 20% -25% -87% -33.33 $6,810,223.73 HWK Hawk Resources. 0.019 0% 27% -10% -39% -13.64 $5,147,659.53 VRC Volt Resources Ltd 0.005 0% 67% 67% 0% 66.67 $18,739,397.64 CLA Celsius Resource Ltd 0.0065 0% -7% -28% -41% -40.91 $21,948,419.16 RDN Raiden Resources Ltd 0.0045 0% 13% -36% -81% -59.09 $15,529,011.49 DTM Dart Mining NL 0.003 0% 0% -63% -82% -66.67 $2,995,138.95 ANX Anax Metals Ltd 0.007 0% 17% -30% -70% -41.67 $6,179,652.97 EMU EMU NL 0.021 0% 17% -28% 0% -22.22 $4,858,714.76 HAW Hawthorn Resources 0.054 0% -7% 26% -21% 31.71 $17,755,827.49 SVY Stavely Minerals Ltd 0.017 0% 70% -6% -32% 0.00 $9,248,715.58 THR Thor Energy PLC 0.009 0% -18% -25% -47% -30.77 $6,397,108.52 RDS Redstone Resources 0.004 0% 33% 33% 0% 60.00 $3,102,802.07 AVW Avira Resources Ltd 0.007 0% 0% -65% -65% -65.00 $1,610,000.00 LCY Legacy Iron Ore 0.009 0% 13% 0% -48% -10.00 $87,858,383.26 NES Nelson Resources. 0.003 0% 20% 0% 0% 0.00 $6,515,782.98 SPQ Superior Resources 0.005 0% 0% -17% -54% -16.67 $11,854,913.63 PKO Peako Limited 0.0025 0% 25% -17% -17% -16.67 $3,719,354.90 NMG New Murchison Gold 0.017 0% -6% 70% 209% 88.89 $178,121,534.93 KRM Kingsrose Mining Ltd 0.04 0% 33% 14% -13% 14.29 $29,387,534.24 TRM Truscott Mining Corp 0.052 0% 6% -33% -13% -33.33 $10,175,805.12 MOM Moab Minerals Ltd 0.0015 0% 50% 0% -70% -25.00 $2,811,999.05 PNM Pacific Nickel Mines 0.024 0% 0% 0% 0% 0.00 $10,103,834.52 AYM Australia United Min 0.002 0% 0% -33% -33% -50.00 $3,685,154.97 SPR Spartan Resources 2.13 0% 7% 58% 67% 51.06 $2,847,436,934.76 CLZ Classic Min Ltd 0.001 0% 0% 0% 0% 0.00 $3,017,699.21 TMB Tambourahmetals 0.026 0% 18% -4% -41% 23.81 $4,302,377.14 TMS Tennant Minerals Ltd 0.007 0% 27% -36% -65% -22.22 $7,461,232.91 TRE Toubani Res Ltd 0.33 0% 12% 154% 78% 94.12 $86,197,159.26 GPR Geopacific Resources 0.028 0% 17% 22% 20% 40.00 $89,109,029.13 TM1 Terra Metals Limited 0.065 0% 35% 103% 12% 132.14 $32,019,096.72 SPD Southernpalladium 0.665 -1% -1% 27% 75% 10.83 $69,517,500.00 GOR Gold Road Res Ltd 3.15 -1% -4% 27% 86% 53.66 $3,411,293,048.40 SFR Sandfire Resources 11.09 -1% -1% 11% 27% 19.50 $4,884,524,590.40 S2R S2 Resources 0.066 -1% -4% -7% -45% -1.49 $31,996,240.70 BCN Beacon Minerals 1.28 -2% 14% 19% 33% 45.45 $135,246,319.36 TAM Tanami Gold NL 0.058 -2% -11% 100% 100% 93.33 $65,805,434.58 PUR Pursuit Minerals 0.066 -2% 47% -12% -56% -31.25 $6,659,441.58 ADT Adriatic Metals 5.72 -2% 1% 38% 79% 46.67 $1,721,187,076.15 ARL Ardea Resources Ltd 0.4 -2% 0% 4% -15% 21.21 $84,165,166.00 KAL Kalgoorliegoldmining 0.04 -2% 8% 150% 54% 122.22 $14,507,868.84 HAV Havilah Resources 0.185 -3% 12% -16% -8% -17.78 $62,762,414.76 AKA Aureka Limited 0.097 -3% -16% -35% -99% -28.15 $11,470,575.57 ZNC Zenith Minerals Ltd 0.031 -3% -9% -31% -38% -22.50 $16,413,120.41 AAR Astral Resources NL 0.155 -3% -6% 3% 107% 14.81 $226,883,100.64 AGC AGC Ltd 0.155 -3% 7% 11% -49% 0.00 $42,338,541.63 GAL Galileo Mining Ltd 0.15 -3% 30% 11% -14% 20.00 $29,643,739.05 SMI Santana Minerals Ltd 0.565 -3% 9% 9% 31% 16.49 $411,949,644.75 TBR Tribune Res Ltd 4.5 -3% -4% -5% 14% 4.90 $237,680,388.81 MTC Metalstech Ltd 0.135 -4% 4% 8% -39% -3.57 $28,867,144.80 BRX Belararoxlimited 0.077 -4% 33% -49% -67% -56.00 $12,959,918.16 BGD Bartongoldholdings 0.6925 -4% -13% 156% 177% 182.65 $153,878,425.35 FML Focus Minerals Ltd 0.37 -4% 3% 90% 208% 117.65 $106,026,698.65 CWX Carawine Resources 0.093 -4% -3% -11% 3% -7.00 $21,959,666.76 GED Golden Deeps 0.022 -4% 10% -4% -33% -12.00 $4,073,891.12 WWI West Wits Mining Ltd 0.022 -4% 10% 38% 47% 57.14 $72,739,682.16 MKR Manuka Resources. 0.044 -4% 5% 88% 29% 60.72 $35,009,842.10 A1G African Gold Ltd. 0.21 -5% 5% 233% 518% 281.82 $105,375,594.40 NXM Nexus Minerals Ltd 0.058 -5% -16% 9% 53% 28.89 $33,206,778.72 MLS Metals Australia 0.019 -5% 12% -14% 0% -17.39 $14,574,390.48 PDI Predictive Disc Ltd 0.4275 -5% 11% 61% 138% 85.87 $1,114,349,654.05 WAF West African Res Ltd 2.27 -5% 0% 36% 52% 58.19 $2,678,917,324.65 CMM Capricorn Metals 8.8 -5% -8% 14% 64% 40.13 $3,867,618,778.14 MEU Marmota Limited 0.037 -5% -3% -41% -14% -5.13 $43,597,314.23 BC8 Black Cat Syndicate 0.81 -5% 5% 22% 122% 43.36 $569,625,145.18 MAT Matsa Resources 0.072 -5% 7% 67% 188% 105.71 $54,711,367.16 MRR Minrex Resources Ltd 0.0085 -6% 6% 6% -6% 21.43 $8,678,940.02 SVG Savannah Goldfields 0.017 -6% 6% -3% -25% -7.48 $18,265,232.62 SNG Siren Gold 0.051 -6% 11% 6% -19% -21.54 $11,167,501.06 TGM Theta Gold Mines Ltd 0.17 -6% 26% -3% 26% -5.56 $168,466,344.30 NST Northern Star 15.35 -6% -17% -11% 9% -0.58 $22,242,501,686.43 VMC Venus Metals Cor Ltd 0.099 -6% -1% 55% 24% 47.76 $20,593,511.72 RMX Red Mount Min Ltd 0.008 -6% -20% 0% -47% -11.11 $4,384,345.80 PGO Pacgold 0.064 -6% 2% -7% -53% -14.67 $13,121,059.98 PTN Patronus Resources 0.064 -6% -2% 12% 10% 30.61 $106,430,857.26 TOR Torque Met 0.24 -6% 45% 233% 85% 352.83 $126,378,515.28 TTM Titan Minerals 0.3 -6% -12% -32% -32% -21.05 $78,211,711.80 HCH Hot Chili Ltd 0.6 -6% 0% -12% -31% -14.29 $88,191,001.05 EVN Evolution Mining Ltd 7.05 -6% -9% 24% 79% 46.57 $14,236,911,248.76 AVM Advance Metals Ltd 0.043 -7% -12% 5% 65% 26.47 $12,029,293.34 ARD Argent Minerals 0.0215 -7% 2% 2% 26% 26.47 $33,261,231.04 CEL Challenger Gold Ltd 0.085 -7% 4% 79% 77% 80.85 $177,741,290.25 MTH Mithril Silver Gold 0.495 -7% 11% 32% 254% 23.75 $74,524,271.22 BCM Brazilian Critical 0.014 -7% 27% 75% -7% 55.56 $19,002,731.91 WA8 Warriedarresourltd 0.14 -7% 33% 192% 122% 218.18 $164,683,222.06 G50 G50Corp Ltd 0.28 -7% 107% 56% 93% 80.65 $46,573,321.11 FG1 Flynngold 0.028 -7% 4% 8% 8% 12.00 $11,348,177.63 RSG Resolute Mining 0.615 -7% 1% 48% -5% 55.70 $1,320,411,528.06 HMX Hammer Metals Ltd 0.027 -7% -4% -7% -29% -18.18 $23,969,484.90 TLM Talisman Mining 0.135 -7% 0% -27% -49% -34.15 $27,306,450.61 STN Saturn Metals 0.4 -7% 11% 74% 116% 95.12 $195,525,594.35 WGX Westgold Resources. 2.535 -7% -12% -2% -3% -10.42 $2,415,459,740.16 DTR Dateline Resources 0.13 -7% 38% 4233% 2500% 3614.29 $365,475,749.89 RKB Rokeby Resources Ltd 0.013 -7% 44% 117% 225% 160.00 $19,618,333.68 ENR Encounter Resources 0.255 -7% 13% -2% -54% -21.54 $124,698,079.75 DLI Delta Lithium 0.1575 -7% 2% -10% -37% -7.35 $114,757,086.72 AS1 Asara Resources Ltd 0.05 -7% 2% 117% 355% 163.16 $58,362,425.94 QML Qmines Limited 0.05 -7% 11% -14% -7% -7.41 $23,470,099.25 OBM Ora Banda Mining Ltd 0.6475 -8% -15% -22% 47% -0.38 $1,224,481,971.05 KTA Krakatoa Resources 0.012 -8% 4% 20% 9% 26.32 $9,301,608.30 UVA Uvrelimited 0.12 -8% 20% 35% 20% 34.83 $22,224,000.12 RRL Regis Resources 4.02 -8% -8% 31% 140% 57.65 $3,091,236,331.36 ICL Iceni Gold 0.058 -8% -5% -26% 9% -18.31 $20,598,083.22 KAI Kairos Minerals Ltd 0.023 -8% -23% 44% 188% 91.67 $57,880,068.16 VAU Vault Minerals Ltd 0.3725 -8% -11% -4% -4% 12.88 $2,482,902,784.43 TCG Turaco Gold Limited 0.4175 -8% -7% 35% 86% 63.73 $451,744,784.81 NPM Newpeak Metals 0.022 -8% 0% 47% 57% 100.00 $7,570,296.45 RND Rand Mining Ltd 1.705 -8% -6% 8% 14% 12.54 $96,689,133.70 AWJ Auric Mining 0.165 -8% 3% -45% -23% -51.47 $30,686,881.83 SX2 Southgold Consol 5.39 -8% -25% 54% 0% 0.00 $764,254,888.54 AUC Ausgold Limited 0.545 -8% -15% 16% 65% 29.76 $228,018,665.24 RML Resolution Minerals 0.075 -9% 44% 582% 369% 525.00 $93,921,549.44 NSM Northstaw 0.032 -9% -3% 80% 164% 102.30 $10,681,324.60 OZM Ozaurum Resources 0.064 -9% -3% 78% 7% 113.33 $14,662,519.87 AMI Aurelia Metals Ltd 0.1825 -9% -4% -4% 7% 7.35 $296,200,212.00 POL Polymetals Resources 0.7275 -9% -10% -19% 165% -8.49 $198,182,120.98 CY5 Cygnus Metals Ltd 0.09 -9% 7% -31% 45% -10.00 $98,883,382.55 MI6 Minerals260Limited 0.1 -9% -17% -23% -39% -23.08 $227,406,666.63 VTX Vertexmin 0.2 -9% -22% -38% 135% -3.61 $42,920,365.61 ARI Arika Resources 0.039 -9% 15% 34% 95% 44.44 $32,737,926.86 PNR Pantoro Gold Limited 3.55 -9% 17% 82% 143% 132.03 $1,437,695,334.78 AUN Aurumin 0.095 -10% 4% 51% 179% 43.94 $48,894,123.45 GBR Greatbould Resources 0.056 -10% -10% 17% 17% 30.23 $51,444,960.66 HMG Hamelingoldlimited 0.059 -10% -9% -9% -40% -7.81 $11,699,910.69 KSN Kingston Resources 0.135 -10% 0% 78% 82% 90.14 $108,335,132.49 ARV Artemis Resources 0.0045 -10% -10% -44% -50% -43.75 $14,328,360.83 HRZ Horizon 0.045 -10% -10% -2% 15% 12.50 $127,110,116.50 MEK Meeka Metals Limited 0.135 -10% -7% 29% 207% 75.32 $408,198,723.80 KCN Kingsgate Consolid. 2.23 -10% -1% 77% 48% 73.54 $572,208,756.24 FFM Firefly Metals Ltd 1.025 -10% -1% 11% 28% 10.81 $679,625,195.60 PNT Panthermetalsltd 0.0085 -11% -47% 6% -66% -22.73 $2,708,140.93 PRU Perseus Mining Ltd 3.265 -11% -4% 14% 29% 27.04 $4,427,551,580.43 SKY SKY Metals Ltd 0.069 -11% 23% 25% 138% 27.78 $51,040,721.62 IVR Investigator Res Ltd 0.024 -11% 9% 4% -49% 20.00 $43,317,822.78 MEG Megado Minerals Ltd 0.04 -11% 74% 208% 320% 135.29 $24,535,963.96 AZY Antipa Minerals Ltd 0.515 -11% -25% 51% 368% 98.08 $349,490,817.72 KNB Koonenberrygold 0.047 -11% 21% 88% 213% 291.67 $48,690,885.18 GMD Genesis Minerals 3.62 -11% -16% 13% 73% 46.56 $4,171,722,330.33 RMS Ramelius Resources 2.475 -12% -2% 0% 28% 19.57 $4,818,329,044.20 EMR Emerald Res NL 3.32 -12% -15% -23% -10% 2.15 $2,276,275,924.35 FXG Felix Gold Limited 0.15 -12% 15% 30% 275% 78.57 $70,221,249.76 KZR Kalamazoo Resources 0.097 -12% 7% 23% 43% 31.08 $21,061,777.63 GBZ GBM Rsources Ltd 0.0185 -12% 9% 106% 106% 131.25 $26,901,361.09 VRL Verity Resources 0.022 -12% 5% 25% -25% 12.89 $6,151,870.30 BTR Brightstar Resources 0.425 -12% -4% -19% 13% -15.00 $245,786,165.33 AQX Alice Queen Ltd 0.0035 -13% 17% -56% -42% -56.25 $5,538,784.76 AAJ Aruma Resources Ltd 0.007 -13% -22% -22% -63% -41.67 $2,295,583.68 RGL Riversgold 0.0035 -13% -13% 17% -30% -12.50 $5,051,137.78 M24 Mamba Exploration 0.014 -13% 17% -7% 56% 16.67 $4,427,484.15 BGL Bellevue Gold Ltd 0.7825 -13% -13% -37% -43% -30.44 $1,195,824,146.67 TSO Tesoro Gold Ltd 0.027 -13% 4% 13% 4% 35.00 $58,425,842.00 GWR GWR Group Ltd 0.1 -13% 8% 12% 32% 25.00 $35,596,732.05 TG1 Techgen Metals Ltd 0.02 -13% -9% -49% -35% -42.86 $3,173,314.20 SVL Silver Mines Limited 0.13 -13% 13% 69% -16% 66.67 $239,800,000.96 CDR Codrus Minerals Ltd 0.026 -13% -13% 53% -16% 52.94 $5,788,562.61 KAU Kaiser Reef 0.16 -14% -3% -6% -6% 0.00 $94,967,384.00 SBM St Barbara Limited 0.2625 -14% -8% 3% 17% 16.67 $292,368,512.07 PGD Peregrine Gold 0.275 -14% 83% 83% 45% 96.43 $23,333,128.78 RXL Rox Resources 0.275 -14% -5% 28% 96% 37.50 $216,588,385.87 MVL Marvel Gold Limited 0.012 -14% -8% 20% 50% 33.33 $18,111,154.14 GRL Godolphin Resources 0.012 -14% 33% -14% -14% -17.24 $5,386,479.74 ARN Aldoro Resources 0.3 -14% -3% 3% 295% -21.05 $56,318,193.00 IGO IGO Limited 4.575 -15% 10% -7% -18% -4.09 $3,354,696,411.59 STK Strickland Metals 0.145 -15% 4% 88% 51% 70.59 $350,665,768.54 MDI Middle Island Res 0.017 -15% -15% 31% 31% 41.67 $4,984,977.51 GNM Great Northern 0.017 -15% 21% 13% 42% 21.43 $2,628,694.31 ILT Iltani Resources Lim 0.195 -15% -17% -5% 3% -4.88 $12,528,752.38 GUE Global Uranium 0.06 -15% -8% -25% -10% 0.00 $28,194,789.73 CHN Chalice Mining Ltd 1.58 -16% -6% 39% 38% 42.99 $622,568,945.60 MM8 Medallion Metals. 0.2275 -16% -9% 117% 267% 89.58 $146,822,401.20 REZ Resourc & En Grp Ltd 0.016 -16% -11% -48% -24% -30.43 $11,959,561.41 FAU First Au Ltd 0.005 -17% 25% 150% 150% 150.00 $12,457,747.66 PUA Peak Minerals Ltd 0.0575 -17% 80% 394% 1877% 641.17 $183,161,241.27 SMS Starmineralslimited 0.025 -17% 0% -22% -21% -30.56 $4,677,666.33 AAU Antilles Gold Ltd 0.005 -17% 0% 25% 43% 66.67 $11,895,340.08 BYH Bryah Resources Ltd 0.005 -17% -58% 67% 0% 66.67 $5,142,662.66 NWM Norwest Minerals 0.0125 -17% 14% 4% -42% 4.18 $11,620,302.74 AQI Alicanto Min Ltd 0.025 -17% -17% -32% 32% -32.43 $22,051,717.38 BMR Ballymore Resources 0.17 -17% 10% 10% 21% 41.67 $30,044,199.45 HRN Horizon Gold Ltd 0.495 -18% -14% 8% 63% 3.85 $80,683,159.96 TNC True North Copper 0.315 -18% -25% -15% -93% -89.50 $43,310,147.92 NMR Native Mineral Res 0.13 -19% -30% 217% 491% 233.33 $132,118,023.92 NAG Nagambie Resources 0.013 -19% -19% -13% 30% -27.78 $13,656,139.85 G88 Golden Mile Res Ltd 0.008 -20% -20% -11% -27% -11.11 $4,898,230.70 PRX Prodigy Gold NL 0.002 -20% 0% 0% -25% 0.00 $13,483,725.37 CDT Castle Minerals 0.064 -20% -10% -15% -47% 6.67 $7,656,631.62 CXU Cauldron Energy Ltd 0.008 -20% 7% -32% -68% -31.55 $12,538,127.05 USL Unico Silver Limited 0.355 -20% 34% 87% 115% 82.05 $170,798,064.45 MEI Meteoric Resources 0.125 -24% 4% 52% 25% 47.06 $316,822,105.32 GTR Gti Energy Ltd 0.003 -25% -25% 0% -25% -14.29 $13,029,291.82 BMO Bastion Minerals 0.0015 -25% 0% -58% -73% -52.27 $2,372,022.36 YRL Yandal Resources 0.12 -27% 33% -25% -23% -31.43 $41,746,722.57 TMX Terrain Minerals 0.002 -33% 0% -60% -33% -33.33 $6,329,535.68 LM1 Leeuwin Metals Ltd 0.09 -36% -25% -28% 23% -35.71 $9,879,025.63 GMN Gold Mountain Ltd 0.057 -43% -24% -54% -67% -62.00 $9,280,558.06 ASO Aston Minerals Ltd 0 -100% -100% -100% -100% -100.00 $28,491,413.92 DEG De Grey Mining 0 -100% -100% -100% -100% -100.00 $5,915,063,112.00 Australasian Metals (ASX:A8G) field mapping has identified a breccia zone associated with a high-chargeability geophysical anomaly at its May Queen gold project. This breccia is some 600 metres in length with widths of up to 170 metres. Partly infilled old prospector diggings are located at the Southern breccia prospect with reconnaissance rock chip sampling returning elevated copper and gold geochemistry while a second IP geophysical anomaly identified is a blind target under cover. Meanwhile, Latitude 66 (ASX:LAT) will receive $2m in cash and $4m worth of shares in Carnaby Resources after Carnaby exercised its right of first refusal to acquire Latitude 66's 17.5% interest in the Greater Duchess copper gold joint venture in Queensland. It follows Latitude signing a non-binding term sheet in early July to sell the interest to Argonaut Partners and Neon Space. Proceeds will be used to progress its assets in WA and Finland.
Yahoo
24-07-2025
- Business
- Yahoo
Capricorn Metals to acquire Warriedar Resources in Australia
Capricorn Metals and Warriedar Resources have announced a binding scheme implementation deed under which Capricorn will acquire 100% of the securities in Warriedar by way of a Court-approved scheme of arrangement. This acquisition is structured to provide Warriedar shareholders with a fixed exchange ratio of one new Capricorn share for every 62 Warriedar shares. Upon the implementation of the scheme, Warriedar shareholders will own approximately 4.36% of all issued shares in Capricorn. Based on Capricorn's closing price of A$9.60 ($6.32) per share on 23 July 2025, the transaction suggests a value of approximately A$0.155 per Warriedar share, which represents a 29% premium over Warriedar's closing share price of A$0.12 on 23 July 2025. The scheme is contingent upon several conditions including an independent expert's conclusion that it is in the best interests of Warriedar shareholders. Additionally, customary conditions such as regulatory approvals and the absence of material adverse changes must be satisfied. Capricorn gains ownership of Warriedar's flagship Golden Range project through the acquisition. The project encompasses the Ricciardo gold-antimony deposit and the Fields Find gold project, all situated 90km north of Capricorn's promising Mt Gibson gold project. Capricorn executive chairman Mark Clark said: 'This is a compelling transaction for all stakeholders, and we believe that combining Capricorn and Warriedar represents a unique opportunity to generate value for shareholders of both companies. 'This acquisition is on-strategy and continues the expansion of Capricorn's Mt Gibson exploration and development footprint and adds resource ounces, highly prospective exploration targets and valuable infrastructure, which will further enhance what is clearly one of the best development projects in the Australian gold industry.' In addition to the share acquisition, the parties have agreed on a separate scheme of arrangement for the outstanding Warriedar listed options. Under this option scheme, Warriedar listed options will be exchanged for new Capricorn options at the same exchange ratio as the share scheme. The existing A$0.10 exercise price per listed option will be adjusted to A$6.20, maintaining the same expiry date of 11 April 2028. The option scheme is conditional upon the approval of the scheme for Warriedar shares by the requisite majority. The Warriedar Board has unanimously recommended that listed optionholders vote in favour of the option scheme, provided no superior proposal emerges and an independent expert concludes that it is in the best interests of the option-holders. Additionally, Warriedar performance rights must be cancelled or vested as a condition of the scheme, with the resulting Warriedar shares subject to the scheme. Capricorn also intends to enter into private treaty arrangements with holders of unlisted options in Warriedar. Warriedar non-executive chairman Mark Connelly said: 'In addition to delivering an attractive premium, this transaction allows Warriedar shareholders to retain ongoing but significantly de-risked, exposure to the exploration and development of the Golden Range project, more diversified enterprise with a strong balance sheet, cash flow generation and technical expertise, all of which will support the successful exploration and development of the Ricciardo gold-antimony deposit.' Longreach Capital is serving as financial adviser for Capricorn, while Corrs Chambers Westgarth is the legal adviser for the scheme. Warriedar has engaged Discovery Capital Partners as its financial adviser and Thomson Geer as its legal adviser. In May, Sabre Resources completed the sale of its Ninghan gold project tenements in the southern Murchison region of Western Australia to Capricorn Metals for A$1.6m. "Capricorn Metals to acquire Warriedar Resources in Australia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
West Australian
24-07-2025
- Business
- West Australian
Capricorn Metals lobs a $188m bid for gold explorer Warriedar Resources
Mark Clark's Capricorn Metals has used its share price muscle to make a $188m move for an explorer with a large landholding in a gold and copper hotspot. The all-scrip bid for Warriedar Resources — a 29 per cent premium to the junior's Wednesday closing price — revolves around the Golden Range gold project located about 90km north of Capricorn's Mt Gibson gold development in the Murchison region. Golden Range has a 788 square kilometre tenement package and is surrounded by three gold mines run by Vault Minerals and Ramelius Resources, as well as 29Metals' Golden Grove copper mine. 'This acquisition is on-strategy and continues the expansion of Capricorn's Mt Gibson exploration and development footprint and adds resource ounces, highly prospective exploration targets and valuable infrastructure which will further enhance what is clearly one of the best development projects in the Australian gold industry,' Capricorn executive chairman Mark Clark said. Warriedar's board has backed the offer. Capricorn's shares last traded at $9.27 after hitting a record of $10.80 last month. Despite the decline, its stock value is still 70 per cent higher than 12 months prior. The West Perth company runs the Karlawinda gold mine in addition to developing Mt Gibson. In May, Capricorn's then-chief executive Paul Criddle resigned from the role despite aggravated assault charges against him being thrown out.
