Latest news with #CapstoneCopper
Sky News AU
3 days ago
- Business
- Sky News AU
ASX 200 sinks on Monday after US President Donald Trump vows to double steel tariffs, sends mixed messages on China trade war
The ASX 200 has fallen on Monday as Aussie investors react to mixed-messages about Donald Trump's trade war. The index is down about 0.1 per cent in the first 30 minutes of trading with aluminium producer Alcoa Corporation falling 3.5 per cent, Capstone Copper sliding 3.3 per cent and Clarity Pharmaceuticals shedding 3.5 per cent. The biggest mover on Monday is Australian brick maker Brickworks, up 13.5 per cent, after it revealed a $14b merger with investment firm Soul Patts. It comes as all eyes remain on Trump's tumultuous trade war as he indicated talks with Xi Jinping could start soon despite tensions mounting. The US President lashed out in a Truth Social post where he claimed China had 'totally violated its agreement' on tariffs just two weeks after striking a deal. 'I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation,' Trump posted on Friday morning. 'Everybody was happy! That is the good news!!! The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US.' Trump later told reporters he was confident the pair would meet to discuss the tense trade relations between the pair. 'They violated a big part of the agreement we made, but I'm sure that I'll speak to President Xi, and hopefully we'll work that out,' Trump said. Investors are also cautious of Trump's Saturday announcement that steel tariffs would double from 25 to 50 per cent. Resources Minister Madeleine King said the Prime Minister will talk with Trump about his decision on the sidelines of the G7 event and put forward Australia's case for an exemption. 'We are going to continue to engage and strongly advocate for the removal of these tariffs,' Ms King said on ABC Radio National on Monday. The S&P 500 finished flat, the Dow Jones rose 0.1 per cent and the Nasdaq sank 0.3 per cent on Friday. London's FTSE 250 Index jumped 0.1 per cent, Germany's DAX added 0.3 per cent and the STOXX Europe 600 Index rose 0.1 per cent on Friday. Japan's Nikkei 225 is down 1.2 per cent on Monday and South Korea's KOSPI is up 0.9 per cent.
Yahoo
4 days ago
- Business
- Yahoo
Capstone Copper Corp. (TSE:CS) surges 6.6%; retail investors who own 42% shares profited along with institutions
Capstone Copper's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public The top 23 shareholders own 50% of the company Insiders have been selling lately We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Every investor in Capstone Copper Corp. (TSE:CS) should be aware of the most powerful shareholder groups. We can see that retail investors own the lion's share in the company with 42% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Retail investors gained the most after market cap touched CA$5.7b last week, while institutions who own 32% also benefitted. Let's take a closer look to see what the different types of shareholders can tell us about Capstone Copper. View our latest analysis for Capstone Copper Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Capstone Copper. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Capstone Copper's historic earnings and revenue below, but keep in mind there's always more to the story. Hedge funds don't have many shares in Capstone Copper. Hadrian Capital Partners Inc. is currently the largest shareholder, with 13% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 10% and 2.8%, of the shares outstanding, respectively. Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 23 shareholders, meaning that no single shareholder has a majority interest in the ownership. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Shareholders would probably be interested to learn that insiders own shares in Capstone Copper Corp.. The insiders have a meaningful stake worth CA$145m. Most would see this as a real positive. If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling. With a 42% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Capstone Copper. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Private equity firms hold a 10% stake in Capstone Copper. This suggests they can be influential in key policy decisions. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere. Our data indicates that Private Companies hold 13%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Capstone Copper you should know about. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Capstone Copper Corp. (TSE:CS) surges 6.6%; retail investors who own 42% shares profited along with institutions
Capstone Copper's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public The top 23 shareholders own 50% of the company Insiders have been selling lately We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Every investor in Capstone Copper Corp. (TSE:CS) should be aware of the most powerful shareholder groups. We can see that retail investors own the lion's share in the company with 42% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Retail investors gained the most after market cap touched CA$5.7b last week, while institutions who own 32% also benefitted. Let's take a closer look to see what the different types of shareholders can tell us about Capstone Copper. View our latest analysis for Capstone Copper Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Capstone Copper. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Capstone Copper's historic earnings and revenue below, but keep in mind there's always more to the story. Hedge funds don't have many shares in Capstone Copper. Hadrian Capital Partners Inc. is currently the largest shareholder, with 13% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 10% and 2.8%, of the shares outstanding, respectively. Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 23 shareholders, meaning that no single shareholder has a majority interest in the ownership. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Shareholders would probably be interested to learn that insiders own shares in Capstone Copper Corp.. The insiders have a meaningful stake worth CA$145m. Most would see this as a real positive. If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling. With a 42% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Capstone Copper. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Private equity firms hold a 10% stake in Capstone Copper. This suggests they can be influential in key policy decisions. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere. Our data indicates that Private Companies hold 13%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Capstone Copper you should know about. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
News.com.au
29-05-2025
- Business
- News.com.au
Closing Bell: ASX climbs as courts strike down Liberation Day tariffs, re-energising markets
Energy sector pushes ASX 0.15pc higher US court has ruled Trump's Liberation Day and fentanyl tariffs are unlawful Steel, aluminium and auto tariffs remain in place The ASX has posted another gain today, albeit a small 0.15% lift. News US courts had blocked Trump's tariff spree gave the market tailwinds, while the Energy sector powered higher. As has been the story in recent weeks, Info Tech and the Banks contributed handily to the Aussie market's gains, with both indices trending higher. Woodside Energy (ASX:WDS) continued its gains after receiving the green light for its North West Shelf gas project, climbing 3.05%. Capstone Copper (ASX:CSC) also continued its ascent, up 5.42% as copper's outlook continues to improve, and Liontown Resources (ASX:LTR) posted a 4.13% recovery today, although still down 3.08% for the trading week. Markets roar back to life as courts block Trump tariffs While President Trump has signalled his intention to appeal a court decision to block his Liberation Day tariffs, global markets are already celebrating. "The law is clear: no president has the power to single-handedly raise taxes whenever they like," New York attorney general Letitia James said. "These tariffs are a massive tax hike on working families and American businesses that would have led to more inflation, economic damage to businesses of all sizes, and job losses across the country if allowed to continue." Futures for US markets are sharply higher in after-hours trade. S&P500 Futures are up 1.7%, Dow Jones 1.33% and the Nasdaq 1.97%. In Asia, the Japanese Nikkei 225 soared 1.91% in trade today, while the Shanghai Composite Index has added 0.72%. The US dollar has also made a small recovery, lifting the US Dollar Index (comparing it to a basket of major currencies) 0.33% today. That pushed gold lower, sliding 0.84% to about US$3270.64. 'The Albanese government has been consistent in the view that these tariffs on Australian imports into the US are unjustified,' Australian minister for trade Don Farrell said. 'We will continue to engage and strongly advocate for the removal of tariffs.' ASX SMALL CAP LEADERS Today's best performing small cap stocks: Security Name Last % Change Volume Market Cap EDE Eden Inv Ltd 0.003 200% 99857288 $4,109,881 AOA Ausmon Resorces 0.002 100% 120455 $1,311,213 UCM Uscom Limited 0.019 58% 133012 $3,005,724 BP8 Bph Global Ltd 0.003 50% 786421 $2,101,969 ENL Enlitic Inc. 0.034 42% 908948 $17,313,813 EDU EDU Holdings Limited 0.28 40% 2400082 $30,110,682 TM1 Terra Metals Limited 0.036 38% 17149767 $10,793,512 RPG Raptis Group Limited 0.035 35% 255986 $4,558,903 AX8 Accelerate Resources 0.008 33% 1701649 $4,783,132 MTB Mount Burgess Mining 0.004 33% 1000000 $1,055,108 OB1 Orbminco Limited 0.002 33% 8099104 $3,596,352 TEM Tempest Minerals 0.004 33% 1709348 $2,203,590 IVX Invion Ltd 0.11 29% 1305054 $7,201,936 CDE Codeifai Limited 0.009 29% 392000 $2,282,222 PXX Polarx Limited 0.009 29% 3417728 $16,628,507 RMI Resource Mining Corp 0.029 26% 8415321 $15,304,332 OLY Olympio Metals Ltd 0.05 25% 349363 $3,522,692 C7A Clara Resources 0.005 25% 200000 $2,046,417 RDS Redstone Resources 0.005 25% 6382842 $3,701,514 NGX Ngxlimited 0.16 23% 29831 $11,779,539 RCL Readcloud 0.135 23% 151460 $16,898,174 FAL Falconmetalsltd 0.14 22% 270451 $20,355,000 OEL Otto Energy Limited 0.006 20% 33492247 $23,974,090 CHR Charger Metals 0.048 20% 190732 $3,096,810 JAV Javelin Minerals Ltd 0.003 20% 1.06E+08 $15,115,373 Making news… Eden Innovations (ASX:EDE) has captured momentum with its EdenCrete Pz7 concrete additive, a product that makes standard concrete mixes stronger and reduces the need for carbon-intensive Portland Cement. Over the past three months, sales topped US$567k. In April and May alone, sales were 86% higher than the same quarter last year. Holcim US also ordered US$91k worth of Pz7 for a 22-storey high-rise in Denver, Eden's first major commercial project. BPH Global (ASX:BP8) is preparing its first shipment of Indonesian seaweed biomass under a sales cooperation agreement with PT Kebula Raya Bestari, delivering 60 metric tonnes to South Korea-based food ingredient manufacturer MSC. Invion (ASX:IVX) just got the thumbs-up from the safety committee after treating the first six patients in its skin cancer trial. There are early signs the drug is shrinking tumours after one dose. INV043 also makes cancer cells glow under violet light, hinting it could double as a diagnostic tool. Invion is now gearing up for a second study with Peter Mac, combining the treatment with immunotherapy. After 'constructive discussions with a broad group of shareholders' EDU Holdings (ASX:EDU) has rescinded the proposed delisting of its shares from the ASX and an associated off-market buy-back offer. The board says it will consider future capital management options, remaining committed to long-term value for shareholders. ASX SMALL CAP LAGGARDS Today's worst performing small cap stocks: Security Name Last % Change Volume Market Cap SHP South Harz Potash 0.003 -40% 51501 $5,513,644 DMG Dragon Mountain Gold 0.004 -33% 648200 $2,368,030 MOM Moab Minerals Ltd 0.001 -33% 500000 $2,600,499 OVT Ovanti Limited 0.002 -33% 93657480 $8,380,545 WBE Whitebark Energy 0.004 -33% 276226 $4,124,001 ERL Empire Resources 0.003 -25% 199765 $5,935,653 GMN Gold Mountain Ltd 0.0015 -25% 239339 $10,267,776 CTQ Careteq Limited 0.01 -23% 1885218 $3,082,543 AXI Axiom Properties 0.03 -23% 123000 $16,875,833 MGU Magnum Mining & Exp 0.007 -22% 364290 $10,094,858 AAU Antilles Gold Ltd 0.004 -20% 179945 $10,631,838 AMS Atomos 0.004 -20% 372000 $6,075,092 AQX Alice Queen Ltd 0.004 -20% 15937084 $5,734,450 BYH Bryah Resources Ltd 0.004 -20% 610561 $4,349,768 CR9 Corellares 0.002 -20% 1500 $2,514,016 EAT Entertainment 0.004 -20% 1853 $6,543,930 PRX Prodigy Gold NL 0.002 -20% 20001 $7,937,639 NSM Northstaw 0.03 -19% 1686468 $10,126,031 OLL Openlearning 0.015 -17% 99553 $8,688,144 AZL Arizona Lithium Ltd 0.005 -17% 9609192 $31,621,887 EPM Eclipse Metals 0.005 -17% 1788032 $17,194,914 GLL Galilee Energy Ltd 0.005 -17% 7500 $4,243,157 LU7 Lithium Universe Ltd 0.005 -17% 302360 $4,715,878 NES Nelson Resources. 0.0025 -17% 80000 $6,515,783 RC1 Redcastle Resources 0.005 -17% 2906728 $4,461,401 IN CASE YOU MISSED IT An independent study comparing Altech Batteries' (ASX:ATC) Cerenergy technology to alternatives including lithium-ion, sodium-sulphur and vanadium flow batteries has revealed several areas of superior performance. The sodium chloride solid state batteries developed by ATC offer comparative energy efficiencies to lithium-ion batteries, exceeding the other two chemistries, and matches or exceeds its rivals in overall lifetime, cycle life, safety, temperature range, and discharge duration. TG Metals (ASX:TG6) is delving into historical stockpiles at the Van Uden gold project, using a sonic core drill rig to test the gold grades. The drilling will also provide samples for metallurgical testwork as the company transitions toward gold production. Trigg Minerals (ASX:TMG) looks to uncover more critical minerals at its Antimony Canyon project in Utah. Trading halts At Stockhead, we tell it like it is. While Altech Batteries, TG Metals, Hot Chili and Trigg Minerals are Stockhead advertisers, they did not sponsor this article.
Sky News AU
29-05-2025
- Business
- Sky News AU
ASX 200 rises after United States federal court blocks US President Donald Trump's sweeping 'Liberation Day' tariffs
The ASX 200 is up on Thursday after a court in the United States blocked Donald Trump's sweeping tariffs. The index added 0.2 per cent in the first 30 minutes of trading with Clarity Pharmaceutical rising 5.1 per cent, Capstone Copper up 2.7 per cent and kitchenware manufacturer Breville Group jumping 2.4 per cent. It sits about 1.6 per cent off its February high point as Australian stocks recover from the shock of Trump's trade policies. The rise on the ASX follows a United States federal court blocking Trump's 'Liberation Day' tariffs. The court ruled the President overstepped his authority by imposing across-the-board duties on imports from nations which sell more to the United States than they buy. The Manhattan-based Court of International Trade said the US Constitution gives the US Congress exclusive powers to regulate commerce with other countries which are not trumped by the president's emergency powers to safeguard the US economy. Trump forced a baseline 10 per cent tariff on all imported goods in early April before temporarily pausing this for 90 days to allow time for negotiations. Australia is still subjected to 25 per cent tariffs on steel, aluminium, automobiles, light trucks and certain automotive parts. Outside Trump's trade war, chip-maker Nvidia surged more than five per cent during after hours trading after it reported a 69 per cent jump in first quarter sales. Investors were also buoyed by comments from Nvidia's CEO Jensen Huang where he called for greater trade with China as bans on US chips limit the business. On Wednesday, the Nasdaq sank 0.5 per cent, the S&P 500 fell 0.6 per cent and the Dow Jones shed 0.6 per cent. Futures for the major indexes are all pointing up between one and 1.7 per cent about an hour after news of the court ruling broke. London's FTSE 250 Index finished flat, Germany's DAX lost 0.8 per cent and the STOXX Europe 600 shed 0.6 per cent on Wednesday. New Zealand's NZX 50 Index is down 0.3 per cent on Thursday while Japan's Nikkei 225 is up 1.2 per cent. -With Reuters
