James Hardie Shares Down 27.9% YTD – The Latest Look
James Hardie Industries plc (ASX: JHX), a global leader in fiber cement building products, has found itself at the center of investor scrutiny following its latest earnings release and a controversial acquisition. Today’s session saw the James Hardie share price dip 0.11% in closing at $36.07, continuing a sharp pullback since the firm’s recently announced…
Nufarm Shares (ASX: NUF) New 52-Week Low as Analyst Downgrades
Nufarm’s share price (ASX: NUF) have come off another difficult day, ended the session down 6.41%, and hitting a new 52-week low of $2.53 in the process. The stock has been under significant pressure in recent months, with several key developments contributing to its downward trajectory. The latest leg down was catalyzed by a disappointing…
Lynas Expands Heavy Rare Earths Production
Lynas Rare Earths (ASX: LYC) has solidified its position as a leading producer of heavy rare earths, being the only non-Chinese company to commercially produce dysprosium oxide. As global trade tensions encourage diversification in rare earth supply chains, Lynas stands out to meet this demand with its facility in Malaysia and expansion plans globally. The…
BHP Shares Downgraded on Perceived Iron Ore Imbalance
Financial advisory firm Bernstein has cut its rating for BHP Group’s shares (ASX:BHP) this week from Outperform to Market-Perform, whilst also reducing their price target from $52.50 to $50.50. This decision reflects Bernstein’s assessment of limited upside potential for BHP, as the firm re-evaluates its expectations for the iron ore sector. BHP’s shares have responded…
Astute Metals Reports High-Grade Lithium at Red Mountain
Astute Metals NL (ASX: ASE) has announced significant findings from its April 2025 diamond drilling campaign at the Red Mountain Lithium Project in Nevada, USA. A key highlight from the drilling campaign is the high-grade lithium mineralisation identified in drill-hole RMDD003, which intersects three zones of high-grade lithium. The Red Mountain Project, staked by Astute…
Rio Tinto Shares (ASX: RIO) Dip Below $120 on Red Start to Week
Rio Tinto shares (ASX: RIO) started the week with a retracement below $120, closing the day down 1.31% at $119.46 as the ASX200 also ended an eight day rally with a 0.58% decline. Performance has been mixed for RIO over the past year, with a significant amount of the action taking place between $110 and…
Lindsay Australia Shares Underperforming, Could SRT Acquisition Provide Boost?
Lindsay Australia (ASX: LAU), a major player in the transport sector, is set to expand its national reach significantly with the acquisition of Tasmania’s largest refrigerated logistics provider, SRT Logistics. The Brisbane-based company is acquiring SRT for a total of $108.2 million. This strategic acquisition marks Lindsay’s first expansion across the Bass Strait, further enhancing…
IAG Shares Hit Resistance at 9, Drop Into Weekend as Latest Deal Digested
IAG’s shares (ASX: IAG) have fallen 2.81% on the final trading day of the week, after once again testing the $9 level, and finding it hard to crack. Touching $9.03 early in the session, with more than 1% in gains through the first 15 minutes of the day, IAG then went into reverse in closing…
Aristocrat Leisure Shares (ASX:ALL) Sharply Lower as Revenue Misses
Aristocrat Leisure shares (ASX: ALL) fell sharply today, down 8.85% as H1 earnings came in below estimates for the period. The day could in fact have been considerably worse, with the shares moving more than 6% off the intra-day low. Revenue of $3.03billion was an 8.7% rise from the same period YoY, yet represented a miss…
Xero Shares (ASX: XRO) Gaining Ground as Financial Results Approach
Xero’s share price (ASX:XRO) has experienced some big swings in recent months, but are back on the up leading into the next set of financials. After a 23% drop from February’s highs into early April, the price has rallied 22% in the past 5 weeks to return positive YTD (+4.11%). Macquarie analysts recently reiterated optimism,…
