Qoria (QOR) – FY25 inflection reiterated

We are initiating coverage on Coronado Global (CRN) with a BUY rating and A$1.00 price target. We forecast CRN to increase production in CY25, both via operational efficiencies and on the expansion of Buchanan andRead more

  We are initiating coverage on Whitehaven Coal (WHC) with a BUY recommendation and a A$9.50 price target. The acquisition of Blackwater and Daunia has transformed WHC’s portfolio, doubling the production profile and shifting towardsRead more

We are initiating coverage on Stanmore Resources (SMR) with a BUY recommendation and set a A$4.00 price target. The acquisition of South Walker Creek and Poitrel has significantly transformed the production profile, seeing a nearlyRead more

CTM’s latest pilot level metallurgical results indicate a premium grade (34%) nickel concentrate can be produced from Jaguar project ore. The product was produced with maintenance of a 70% recovery whilst also managing to suppressRead more

WGX has pre-released production and cash balances earlier this month. The pre-released result was weaker than we had expected as the ramp up at Bluebird-South Junction was slower than we expected, which more than offsetRead more