18 Share Tips – 27th May 2024
John Edwards, Novus Capital BUY RECOMMENDATIONS BUY – Meteoric Resources NL (MEI) The company recently upgraded the resource estimate for its Caldeira rare earth element project in Brazil after completing additional infill diamond and aircore drilling. The global mineral resource now stands at 545 million tonnes at 2561 parts per million total rare…
18 Share Tips – 20th May 2024
Mattew Lattin, Marcus Today BUY RECOMMENDATIONS BUY – Perseus Mining (PRU) PRU operates gold mines in West Africa. The company had available cash and a bullion balance of $US702 million at the end of the 2024 March quarter. It had $US74 million in listed securities and no debt. Average gold sale prices increased…
18 Share Tips – 13th May 2024
Toby Grimm, Baker Young BUY RECOMMENDATIONS BUY – Worley (WOR) Major shareholder Sidara, formerly Dar Group, recently sold 19 per cent of Worley stock. The underwritten block trade ends an extensive and potential takeover play. The transaction doesn’t impact WOR’s operations or valuation. Recent share price weakness presents an opportunity to buy a…
18 Share Tips – 6th May 2024
Dylan Evans, Catapult Wealth BUY RECOMMENDATIONS BUY – Charter Hall Long WALE REIT (CLW) CLW is a diversified real estate investment trust. A key attraction is a quality property portfolio with an occupancy rate of 99 per cent. An average lease expiry of 10.8 years provides long term income security. Office exposure is…
18 Share Tips – 29th April 2024
Jabin Hallihan, Auburn Capital BUY RECOMMENDATIONS BUY – Iluka Resources (ILU) ILU is a global critical minerals company and a leading producer of zircon and high-grade titanium dioxide feedstocks. ILU is set to become a material supplier of separated rare earth oxides. Supported by a robust balance sheet and strategic expansion, ILU is…
18 Share Tips – 22nd April 2024
Tony Paterno, Ord Minnett BUY RECOMMENDATIONS BUY – Generation Development Group (GDG) We retain a bright outlook given GDG is a market leader in Australia for gross inflows into investment bonds. We view the flow outlook positively, with superannuation reform and an ageing population providing a significant tailwind for investment bond demand in…
18 Share Tips – 15th April 2024
Harrison Massey, Argonaut BUY RECOMMENDATIONS BUY – Whitehaven Coal (WHC) Whitehaven recently announced it had completed the acquisition of two metallurgical coal mines from the BHP Mitsubishi Alliance. The new assets are near WHC’s existing operations and should create synergies. The acquisition will enhance the company’s sales mix, with thermal and metallurgical coal…
18 Share Tips – 8th April 2024
Michael Gable, Fairmont Equities BUY RECOMMENDATIONS BUY – Fortescue (FMG) The share price has fallen from its early February highs in response to weaker iron ore prices. But we expect iron ore prices to recover as the global growth outlook appears to be strong. The company generated increasing revenue and earnings in the…
18 Share Tips – 1st April 2024
Christopher Watt, Bell Potter Securities BUY RECOMMENDATIONS BUY – Woolworths Group (WOW) Shares in the supermarket giant have fallen from $37.51 on January 2 to trade at $33.25 on March 28. Sales moderated in the first seven weeks of the second half of fiscal year 2024 in response to lower inflation and a…
18 Share Tips – 25th March 2024
Niv Dagan, Peak Asset Management BUY RECOMMENDATIONS BUY – Venture Minerals (VMS) The company recently announced the second stage of its resource definition drilling program had started at the Jupiter Rare Earths prospect in the mid-west region of Western Australia. This 300-drill hole program will provide the necessary data for a maiden resource…
