Argonaut | The Natural Choice in Resources.
© 2024 Argonaut.
Copper prices surged back over US$4.00/lb overnight and are up ~6% in March alone. SFR offers strong leverage to rising copper prices, with a 10% rise in copper driving 55-68% increases in our FY26-FY30 earningsRead more
WGX’s share price has underperformed its Western Australian Gold mining peers over the past month. We attribute the share price weakness to concerns over guidance following WGX’s decision to cease production at Paddy’s Flat. WeRead more
We are initiating coverage on Develop Global with a SPEC BUY rating and set a A$3.00 price target. DVP has advanced the Woodlawn copper-zinc project in NSW to a production ready status, with <A$50m inRead more
RRL’s 1HFY24 earnings result was mixed with Ebitda and earnings 14% and 10% ahead of our estimates, while cash flow generation was materially weaker. The beat in earnings was largely due to favourable non-cash inventoryRead more
NST’s 1HFY24 earnings result was solid with Ebitda, Ebit and earnings within 2% of our forecasts. The interim dividend was a record for the company and 74% higher than we had forecast. Key production andRead more
Argonaut | The Natural Choice in Resources.
© 2024 Argonaut.
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