A Contrarian View of Fortescue Metals (ASX: FMG)
Fortescue Metals is the fourth largest producer or iron ore in the world. The price of iron ore has seen volatility this year. The Chinese economy is stuttering, risking a lowered demand for metals. Over five years, Fortescue Metals has seen share price appreciation of 398.28% (as of 11:11 AM on 2 August), average dividend…
Summit Minerals (SUM) – Battery Mineral Explorer with Potential
Summit Minerals has three lithium projects in development, along with a REE asset in Western Australia and antimony assets in New South Wales. Antimony is a metal suitable for liquid metal storage batteries for large-scale applications. Promising drilling results at the company’s Stallion Rare Earth Elements Project with the potential for an early initial resource…
Echo IQ (ASX: EIQ) Launches Cardiac Diagnostic Software
Echo IQ has its first sale of the company’s EchoSolv™ diagnostic software for aortic stenosis identification to an Australian hospital. The company is actively pursuing additional opportunities in Australia and the US. Echo IQ has added a component for diagnosing mitral regurgitation to the EchoSolv™ platform. Aortic stenosis – a heart valve disease – and…
Can Insurance Australia Group (ASX: IAG) Sustain its Momentum
IAG has been plagued by losses from claims, both home and auto, from weather-related disasters over the past 15 years. Premium hikes to combat losses and inflation have boosted the company’s financials in the recent past. The company posted a loss following COVID but has returned to profitability, although profit lags pre-COVID levels by a…
IDP Education (IEL: ASX) Buy or Wait and See
Since listing on the ASX in 2015, IDP Education has posted a strong record of share price appreciation and financial performance. The company’s global dominance with its partially owned IELTS testing system now faces a new challenge. IDP is now on the ASX Top Ten Short List. IDP Education has grown into a multi-faceted educational…
Junior Miner Centaurus Metals (CTM: ASX) Ready to Move to the Majors
Centaurus Metals trades in the US OTC (over the Counter) and on the ASX. (ASX: CTM / OTCQX: CTTZF) The stock is under the radar of most investors Analysts are bullish on the stock. Junior Miner Centaurus Minerals has two promising prospects in Brazil: the Jaguar Nickel/Sulphide Project, acquired from Vale in 2020, and the…
Surging Demand Propelling Lindsay Australia
Lindsay Australia provides its agricultural customers with door-to-door supply chain solutions. Lindsay caters to food and food-related Australian industries, from agriculture to horticulture. Lindsay’s financial performance improved dramatically in FY 2022, continuing into the first half of FY 2023. Lindsay Australia listed on the ASX in 1994, with the share price remaining well under the…
Coronado Global Resources – a Dividend Powerhouse for the Risk Tolerant
Coronado Global Resources claims to be one of the largest producers of metallurgical coal on the planet. The company provides a variety of coal content to customers on five continents. Coronado has a major coking coal operation here in Australia and three producing mining operations in the US. Coronado saw a revenue dip and posted…
What’s Going on with Pointsbet Holdings
Pointsbet holdings listed on the ASX on 11 June 2019, touting its innovative betting products and services, including Fixed Odds Sports and Racing along with Points Betting and iGaming and something new – Spread Betting. Trading at $0.89 per share on its first day, news of successful moves into US states drove the price to…
IGO Limited – In the Sweet Spot for Battery Minerals
Lithium, nickel, cobalt, and copper are considered critical minerals for a clean energy future, and IGO mines them all. The company owns and operates three nickel mining operations in Western Australia – Forrestania, Cosmos, and the Nova nickel/copper/cobalt operation. In June 2022, IGO expanded its nickel resources, acquiring rival Western Australia nickel mine Western Areas…
