Thanks largely to their exposure to the booming copper price, the mining giants have hit record highs in recent weeks.

One ASX copper share that is nowhere near its high is Aeris Resources Ltd (ASX: AIS).

But it might not stay that way for long if Bell Potter is on the money with its recommendation.

What is the broker saying about this ASX copper share?

Bell Potter notes that Aeris Resources is close to completing its acquisition of Peel Mining Ltd (ASX: PEX). This will give it ownership of the Mallee Bull and Wirlong copper projects. It said:

The Scheme of Arrangement by which AIS has acquired 100% of Peel Mining (PEX, not rated) has become effective. The transaction gives AIS ownership of the Mallee Bull and Wirlong copper projects which contain a combined Resource of 10.6Mt @ 1.85% Cu for 197kt contained Cu. They sit within a ~150-200km trucking radius of Tritton. Combined with the current Resource at Tritton this is a total Resource of 29.5 Mt @ 1.73% Cu for 511kt contained Cu. Consideration is all scrip, comprising the issue of 300.0m shares to PEX shareholders and is expected to complete on 1 July 2026.

It sees a lot of positives from the deal, highlighting that it adds development optionality and derisks production. The broker explains:

The strategic rationale is to significantly increase AIS' Cobar region resource base, materially extending the mine life at Tritton, adding development optionality and derisking production. The high-grade Mallee Bull deposit is the subject of a maiden Ore Reserve Estimate (ORE) to be released in 1QFY27 and contribute to an updated life-of-mine (LOM) plan for Tritton.

Additionally, we expect an updated ORE for the Constellation deposit, as well as Resource extensions at Avoca Tank and Budgerygar deposits where recent drilling has intersected ore-grade mineralisation significantly below the current Resource at Avoca Tank and thicker than expected mineralisation within in the Budgerygar Inferred Resource. These acquisitions and exploration successes are providing more visibility on mine life at Tritton than at any time since its initial development.

Major upside potential

According to the note, Bell Potter has retained its buy rating and 90 cents price target on the ASX copper share.

Based on its current share price of 40.2 cents, this implies potential upside of 120% for investors over the next 12 months.

Speaking about its investment thesis, the broker said:

We make no material changes to our valuation with this update. We continue to look to AIS' quarterly production performance and updates on the development of the Constellation deposit at Tritton for key near-term catalysts. AIS is a copper-dominant producer, with its near-term outlook highly leveraged to the copper price and increasing production at Tritton.

Tritton is a strategic regional asset with corporate appeal and capacity to leverage value from stranded assets, in our view. With upside to our Target Price supported by growing free cash flow and low valuation multiples it remains a key pick for CY26. Our Target Price of $0.90/sh is unchanged and we maintain our Buy recommendation.

The post Forget BHP and Rio Tinto, this ASX copper share could rise 100%+ appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is down 10% to 38 cents. This morning, this copper producer announced that the Supreme Court of New South Wales has approved the acquisition of Peel Mining Ltd (ASX: PEX). Aeris' executive chair, Andre Labuschagne, said: "The acquisition of Peel is a major milestone for Aeris and will underpin the future of our Tritton copper operations. We look forward to welcoming the Peel shareholders onto the Aeris register as we continue to grow the business, positioning Aeris as a leading Australian copper producer." Judging by the share price weakness, it seems that some investors aren't overly positive on the deal.

Newmont Corporation (ASX: NEM)

The Newmont share price is down almost 7% to $143.37. Investors have been selling gold miners today after the price of the precious metal weakened further overnight. The gold price is currently on track for its third weekly loss in a row in response to concerns over potential interest rate hikes in the United States. The S&P/ASX All Ords Gold Index is down over 4.5% at the time of writing.

PLS Group Ltd (ASX: PLS)

The PLS share price is down 4% to $5.92. This follows broad weakness in the mining sector, which has offset the release of a big announcement this morning. PLS revealed that its board has approved the early spending on its P2000 Project at Pilgangoora. The company's CEO, Dale Henderson, said: "P2000 has the potential to represent the next major phase of growth at Pilgangoora and further strengthen PLS' position as one of the world's leading lithium producers. This pre-FID capital expenditure preserves optionality and maintains momentum along the critical path. By progressing long-lead procurement, engineering and early works now, we are positioning PLS to respond to future lithium demand while retaining optionality for the timing of any final investment decision."

REA Group Ltd (ASX: REA)

The REA Group share price is down 3% to $139.89. This morning, Bell Potter reaffirmed its sell rating on the property listings company's shares with a trimmed price target of $133.00 (from $137.00). The broker said: "We retain our Sell recommendation. Consensus EPS forecasts have recently declined by c.-2% in recent weeks, however, we still view 13% consensus growth for FY27e as having downside risk. Our thesis rests on REA's share price declining from a reduction in EPS forecasts in-line with market pricing."

The post Why Aeris, Newmont, PLS, and REA Group shares are tumbling today appeared first on The Motley Fool Australia.

The analyst team is now expecting prices for the red metal to be 9% stronger this calendar year, an impressive 33% up on their previous estimates for 2027 and 14% up on their 2028 estimates.

These forecasts have flowed through into their price targets for Australia's major ASX copper miners, with a slew of upgrades announced in a recent research note to clients.

Let's see which companies they like.

Sandfire Resources Ltd (ASX: SFR)

In terms of pure-play ASX copper companies, Sandfire is Macquarie's top pick, with the analyst team keen on its diversified operating base, improving balance sheet, and growing pipeline.

Macquarie's analyst team said:

The key attraction is the combination of established production, low C1 cost performance and near-term free cash flow leverage to copper and by-product prices. Growth optionality is also improving on management's disciplined approach to M&A.  

Macquarie said the company's joint venture with Havilah Resources Ltd (ASX: HAV) also added a potential long-life copper-gold development option in South Australia over the medium term.

Macquarie has a price target of $21 per share on Sandfire compared to $20.86 currently.

Capstone Copper Corp (ASX: CSC)

The Macquarie team have an outperform rating on Capstone, saying the company offers a more leveraged exposure through its diversified Americas portfolio.

They said:

We see the key attraction as a combination of operating scale, copper beta and self funded growth, with balance sheet capacity improving; net debt reduced to US$738m at 1QCY26. The main risks remain execution at Mantoverde and Santo Domingo sanctioning (both in the 4QCY36), and input-cost inflation, but we view the risk/reward as attractive given strong growth outlook at an attractive multiple.

Macquarie has an $18 price target on Capstone shares compared to $15.41 currently.

Looking at some other companies in less detail, Macquarie has upped its price target for Aurelia Metals Ltd (ASX: AMI) from 40 cents to 43 cents. That would constitute a 38.7% return if achieved.

For Aeris Resources Ltd (ASX: AIS), Macquarie now has a price target of 73 cents, up from 70 cents. That compares to the current price of 42 cents.

Carnaby Resources Ltd (ASX: CNB) now has a price target of 80 cents, up from 70 cents, compared to 69 cents currently.

And for FireFly Metals Ltd (ASX: FFM), the price target has increased from $2.30 to $2.50, compared to $2.04 currently.

The post Macquarie has upgraded its copper price outlook. Let's see which ASX shares they like appeared first on The Motley Fool Australia.

Analysts like to pick out opportunities that seem like they could outperform. A price target tells us where analysts think the share price could go over the next 12 months.

A price target isn't a guaranteed return of course, but it's interesting to see how bullish some analysts are. Let's take a look at two ASX shares that are predicted to generate very large returns.

Myer Holdings Ltd (ASX: MYR)

Myer is one of Australia's main department store businesses, with 56 locations. It also has a number of apparel brands including Just Jeans, Jay Jays, Portmans, Dotti, Jacqui E, sass & bide, Marcs, and David Lawrence.

According to CMC Invest, the average price target of three analysts over the last three months is 49 cents, which suggests a possible rise of 92% in the next three months.

The Myer share price was trading above 50 cents less than a year ago, but updates from the business have not been strong enough to give the market confidence to keep the valuation at that level amid rising interest rates.

The most recent update from the company was the FY26 first-half result. Excluding the artificial financial benefit of acquiring the apparel brands from Premier Investments Ltd (ASX: PMV), which Myer called its pro forma figures, total sales only grew by 2.1% and operating gross profit was flat.

Underlying pro forma operating profit (EBIT) declined 17.2% because of "investment in strategic initiatives", while pro forma net profit declined by 17.3%.

With profit going backwards, you can see why investors became more pessimistic.

But, the business is working on a number of initiatives to boost earnings, including improving its loyalty program, integrating the acquired apparel brands and "resetting" its fashion and beauty offerings.

According to the projection on CMC Invest, the Myer share price is valued at just 7x FY26's estimated earnings with a possible grossed-up dividend yield of 11%, including franking credits, at the time of writing.

Aeris Resources Ltd (ASX: AIS)

The other ASX share with a very promising outlook for returns, according to analysts, is Aeris Resources. It describes itself as a mid-tier base and precious metals producer. Its copper-focused portfolio includes three operating assets, as well as an exploration portfolio.

According to CMC Invest, there have been five analyst ratings on the business within the last three months. The average price target is 75 cents, which implies a possible rise of 100% over the next year.

The company's exposure to copper (and gold) is compelling because of the expected long-term demand growth of copper with global electrification and other tailwinds.

Using the projections on CMC Invest, the business is forecast to generate earnings per share (EPS) of 12.7 cents in FY26 and 19 cents in FY27. That means it's valued at around 3x FY26's estimated earnings and 2x FY27's estimated earnings.

The post 2 ASX shares tipped to grow 90% or more in the next 12 months appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is down 7% to 38.5 cents. This appears to have been driven by broad weakness in the mining sector today, which has overshadowed a promising announcement this morning. Aeris Resources revealed that significant gold intersections continue at Golden Plateau. It achieved high-grade gold intersections from the Main, North and East lodes. Aeris' executive chair, Andre Labuschagne, said "The consistent performance of our geological model continues to impress, with drill holes across the Main, North and East lodes intersecting mineralisation at their predicted positions and delivering some of our strongest results to date."

Northern Star Resources Ltd (ASX: NST)

The Northern Star share price is down almost 4% to $19.14. Investors have been selling gold stocks today following a pullback in the price of the precious metal. Traders appear to be betting on higher oil prices causing a spike in inflation, putting pressure on central banks to raise interest rates. The S&P/ASX All Ordinaries Gold index is down 4.5% at the time of writing.

REA Group Ltd (ASX: REA)

The REA Group share price is down almost 4% to $152.74. This may have been driven by a broker note out of Bell Potter this morning. According to the note, the broker has downgraded the property listings company's shares to a sell rating (from buy) with a heavily reduced price target of $137.00 (from $217.00). Bell Potter said: "We downgrade our recommendation to Sell (prev. Buy). REA currently trades around 28x FY27e P/E, which is a level it has historically only traded at during EPS declines; VA consensus currently anticipates 14% EPS growth in FY27 (BPe: -2%). REA also appears expensive against other ASX classifieds on a FCF growth basis at 1.7x EV/FCFg in FY27e."

Weebit Nano Ltd (ASX: WBT)

The Weebit Nano share price is down 8% to $6.95. This is despite there being no news out of the memory technology developer. However, it is worth noting that chip stocks were sold off on Wall Street on Friday. So, today's selling of Weebit Nano shares could be a reflection of that weakness.

The post Why Aeris Resources, Northern Star, REA Group, and Weebit Nano shares are falling today appeared first on The Motley Fool Australia.

The broader S&P/ASX 300 Index (ASX: XKO) has now slipped into the red for 2026, down 1.4% the year to date (YTD).

However, ASX mining shares are on a different path, up 21% YTD.

The long-term outlook for the mining sector remains bright, despite the short to medium-term headwind of the global oil shock.

As we've reported, there are many drivers behind the new commodities super cycle now underway.

ASX mining shares began the year well after spectacular growth last year.

The ASX 300 Metals & Mining Index rose 9.7% in January and 9.3% in February, but fell 14.1% in March due to the war in Iran.

In April, the index rose 5.2% as investors bought the dip. In May, ASX mining shares have gathered even more strength, up 12.3% so far.

And today, BHP Group Ltd (ASX: BHP) reclaimed its crown as the market's largest company, while also resetting its record price at $62.30.

With mining looking attractive for the long term, here are two ASX shares tipped to rocket 55% to 85% over the next year.

Fenix Resources Ltd (ASX: FEX)

The Fenix Resources share price is steady at 35 cents, down 28% YTD.

Bell Potter has a buy rating on this ASX iron ore mining share with a price target of 63 cents.

This suggests 83% capital growth ahead.

For 3Q FY26, Fenix Resources reported group iron ore production of 1,243kt and sales of 974kt.

Its average realised price was A$146 per tonne. Group C1 cash costs were A$70 per tonne, down 7% over the quarter.

The broker said:

FEX has outlined a clear pathway to incrementally grow iron ore production to 10Mtpa at significantly lower unit costs, leveraging its integrated logistics network to underpin cash flows and fund its substantial organic growth outlook.

FEX holds the largest storage position at the strategic and fast-growing Geraldton Port.

On Wednesday, iron ore was trading at a near 15-month high of US$111.10 per tonne, mainly due to resurgent industrial activity in China.

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is 46 cents, up 2.7% today and down 22% YTD.

Morgans reiterated its buy rating on this ASX copper mining share after the miner released its 3Q FY26 report.

The broker expects the Aeris Resources share price to rise more than 55% to its previous 52-week high of 70 cents within 12 months.

Morgans said:

Copper production missed on lower Tritton grades but this was offset by a solid cost performance and strong cash flow (+72% qoq), materially strengthening the balance sheet and funding flexibility.

Tritton is set up for a stronger 4Q26, while Constellation, Golden Plateau and the Peel acquisition underpin a longer-term production and mine life extension story.

Today, the copper price reached a new record high of US$6.60 per pound, up 7.6% over the past week and 16% in the YTD.

The post 2 ASX mining shares tipped by experts to rocket 55% to 85% appeared first on The Motley Fool Australia.

That's because the broker has just released its latest top Australian picks from the small-cap side of the market. These are its panel of favoured ASX shares that it believes offer attractive returns over the long term.

Two that make the list in May are named below. Here's why it is bullish on them:

Aeris Resources Ltd (ASX: AIS)

Bell Potter has added this copper miner to its list this month. The broker highlights its substantial cash balance and strong production growth outlook as reasons to buy.

Commenting on the new addition, it said:

We add Aeris Resources (AIS) to the Small Cap Panel as a high-conviction copper-led growth and re-rating story. AIS is a copper-dominant producer whose near-term outlook is highly leveraged to copper prices and increasing production at its 100%-owned Tritton operation in central west NSW.

The market capitalisation is ~30% backed by net cash ($149.8m at the end of the March quarter, no drawn bank debt), with the last gold hedges to roll off this quarter, leaving the company completely unhedged from start of FY27. AIS' March quarter delivered a $43m lift in cash with operating cash flow of $76m, and management is guiding to the low end of FY26 production guidance, implying a material step-up in copper output through the June quarter as production ramps.

Bell Potter also highlights that Aeris is now in a catalyst-rich window for this ASX share. It adds:

The setup into CY26 is the cleanest catalyst-rich window this stock has had. The first full quarter of open-pit production at Tritton should drive a step-change in operating cash flow, while early works at the higher-grade Constellation open-pit are set to commence this quarter, with first ore by end of CY26 a major positive catalyst for the copper production growth profile.

Praemium Ltd (ASX: PPS)

Another ASX share that is on the list in May is investment platform provider Praemium.

The broker is a big fan of the company and believes it is being significantly undervalued by the market compared to its larger rivals. Another positive is that Bell Potter estimates that its shares offer a 4.5% dividend yield at current levels.

As a result, the broker believes this has created a buying opportunity for investors. It said:

While Praemium has demonstrated commercial momentum, strong growth capacity, and a leading technology offering, its valuation continues to lag key peers. This stock looks very attractive at a 12MF PE of ~14x, and we expect the market to catch on as the company executes on further market share gains and FUA growth.

The post Bell Potter names the best ASX shares to buy in May appeared first on The Motley Fool Australia.

Does the broker rate them as buys, holds, or sells? Let's dig deeper into things:

Aeris Resources Ltd (ASX: AIS)

Morgans is feeling positive about this copper miner and has named it as a buy this week with a 70 cents price target.

Although its production was softer than expected during the third quarter, the broker was pleased with its cost performance and cash flow generation. It said:

Copper production missed on lower Tritton grades but this was offset by a solid cost performance and strong cash flow (+72% qoq), materially strengthening the balance sheet and funding flexibility. Tritton is set up for a stronger 4Q26, while Constellation, Golden Plateau and the Peel acquisition underpin a longer-term production and mine life extension story. Maintain BUY rating with an unchanged A$0.70ps Target Price.

ANZ Group Holdings Ltd (ASX: ANZ)

This banking giant delivered a decent half-year result according to Morgans. However, it isn't enough for a positive rating. Instead, the broker has upgraded ANZ's shares to a trim rating (between sell and hold) with an improved price target of $31.85. It said:

1H26 revenues were flat on an underlying basis, but cost decline and credit impairment charges were better than expected. Target price increased 4% to $31.85/sh, given 3-6% earnings upgrades and decision to recommence neutralising the DRP. Upgraded from SELL to TRIM, given potential TSR at current prices of c.-6%.

Bega Cheese Ltd (ASX: BGA)

Morgans was pleased to see this diversified food company retain its guidance for FY 2026 despite cost pressures from the Middle East conflict.

In addition, it highlights that management has lifted its medium-term earnings target and provided a five-year plan.

As a result, it has retained its accumulate rating with a $6.50 price target. The broker said:

We attended BGA's Investor Day. Despite the cost pressures associated with the conflict in the Middle East, BGA reiterated its FY26 EBITDA guidance. It also upgraded its FY28 EBITDA target and provided an FY31 EBITDA target for its next 5-year strategy. BGA's targets underpin solid earnings growth profile across the forecast period, whilst maintaining a strong balance sheet.

Our FY26 forecasts remain unchanged, while in FY27 and FY28, we have reduced NPAT for higher D&A associated with BGA's capital growth projects. We maintain an Accumulate rating with a new price target of A$6.50. BGA remains well placed given its portfolio of iconic household brands, its focus on developing higher margin products with functional health benefits, its expansion into growth channels both domestically and overseas and network optimisation plans.

The post Buy, hold, sell: Aeris, ANZ, and Bega Cheese shares appeared first on The Motley Fool Australia.

Meanwhile, the benchmark S&P/ASX 200 Index (ASX: XJO) is also lower after the Reserve Bank lifted interest rates again today.

ASX 200 shares are down 0.6%, with materials the weakest of the 11 market sectors today.

While key commodity prices are rising today, investors are worried about the impact of higher fuel prices on miners' earnings.

US and Iran launch new missile strikes

Fresh fighting between the US and Iran broke out overnight, with missile strikes launched in the Strait of Hormuz.

The new military action sent the Brent crude oil price to US$114 per barrel, its highest level since Russia invaded Ukraine in 2022.

At the time of writing, the copper price is US$5.84 per pound, up 0.85%.

Trading Economics analysts said escalating US-Iran tensions are raising concerns about demand for industrial metals like copper.

The analysts said:

A major downside risk for industrial metals is an extended shutdown of the Strait of Hormuz, which could intensify the energy shock and prompt central banks to adopt a more hawkish policy stance, which may dampen manufacturing output and reduce demand for industrial commodities.

On the supply side, copper stocks in warehouses monitored by the LME are still close to their highest levels since 2013, adding to the bearish outlook.

Big picture for copper

The Iran war is a short-term headwind that threatens to disrupt global industrial production due to fuel supply constraints and higher prices.

However, the bigger picture is that a multi-decade green energy transition is underway, and copper's role in electrification will continue to drive longer-term demand, as nations continue to build all the new infrastructure they need for renewable energy generation.

Copper is used in wiring, electric vehicles (EVs), wind turbines, solar energy systems, telecommunications, and electronic products.

The US added copper to its Critical Minerals List in November last year.

The copper price reached a record high of US$6.60 per pound in January. The red metal traded above US$6 per pound again last month.

With this backdrop in mind, here are four ASX copper shares that are buy-rated by the experts.

Sandfire Resources Ltd (ASX: SFR)

The Sandfire Resources share price is $16.61, down 0.8% today and up 65% over 12 months.

Macquarie reiterated its buy rating on the market's largest pure-play ASX copper share last week.

The broker has a 12-month share price target of $19.30, implying 17% upside ahead.

The ASX copper share traded at an all-time high of $21.75 in January.

Develop Global Ltd (ASX: DVP)

The Develop Global share price is $5.31, down 1.7% today and up 66% over 12 months.

Bell Potter reiterated its buy rating on Develop Global shares this week.

The broker said:

Pioneer Dome's importance lies in its ability to provide timely liquidity for the Group, supporting de-leveraging and
financing of Sulphur Springs construction.

The resulting financial flexibility would allow DVP to act nimbly on any forthcoming organic and inorganic opportunities.

Bell Potter kept its 12-month share price target at $6.60, suggesting a potential 25% upside ahead.

The ASX copper share traded at a 52-week high of $6.03 in February.

Capstone Copper Corp CDI (ASX: CSC)

The Capstone Copper share price is $11.16, down 3.9% today and up 50% over 12 months.

Morgans is buy-rated on Capstone Copper shares but reduced its price target from $16 to $15.40 last month.

This still implies a potential 38% upside ahead.

The ASX copper share reached a record high of $17.83 in January.

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is 37 cents, down 5.9% today and up 104% over 12 months.

Morgans reiterated its buy rating on Aeris Resources shares this week after reviewing the miner's 3Q FY26 report.

The broker expects the ASX copper share to return to its 52-week high of 70 cents within a year.

This implies a potential capital gain of nearly 90% ahead.

Aeris Resources last traded at 70 cents apiece in January.

Morgans said:

Copper production missed on lower Tritton grades but this was offset by a solid cost performance and strong cash flow (+72% qoq), materially strengthening the balance sheet and funding flexibility.

Tritton is set up for a stronger 4Q26, while Constellation, Golden Plateau and the Peel acquisition underpin a longer-term production and mine life extension story.

Aeris Resources is in the process of acquiring Peel Mining Ltd (ASX: PEX) to access its South Cobar Copper Project.

Peel Mining announced court approvals today, with a shareholder vote scheduled for Monday, 15 June.

The post 4 ASX copper shares to buy now: experts appeared first on The Motley Fool Australia.

But another smart way to do it could be with ASX copper miner Aeris Resources Ltd (ASX: AIS).

In fact, the team at Bell Potter believes investors could double their money with an investment in this ASX share.

By contrast, Rio Tinto shares are largely seen as fully valued following a strong run over the past 12 months.

What is the broker saying?

Bell Potter highlights that Aeris Resources released its third-quarter update and underperformed expectations with its production and costs. It said:

AIS released its March 2026 quarterly report. Tritton produced 5.3kt copper at All-InSustaining-Costs (AISC) of A$4.53/lb (BPe 6.3kt Cu at A$4.13/lb), Cracow produced 10.1koz gold at AISC of A$3,442/oz (BPe 11.2koz at A$3,490/oz. AIS reported this as copper equivalent (Cueq) of 10.4kt (vs quarterly guidance 10.0–12.2kt Cueq). This was below our forecasts, which had made allowance for a faster production ramp-up from the Murrawombie open-pit.

Mined grades were also lower than plan. Costs were higher on increased rail costs and waste stripping. Cracow tracked slightly below our production forecast due to lower grades. Cracow remains on track for the mid-range of production guidance, with higher costs. Diesel price impacts were minimal in the March quarter but are expected to have an impact in the June quarter.

However, the broker's focus is less on the ASX copper stock's performance in the third quarter and more on what is on the horizon. It explains:

While production was below our forecasts, this was a fair quarter with cash generation the highlight. AIS' market capitalisation is now ~30% backed by cash. AIS is guiding the low end of production guidance to be met, implying a material lift in copper production at Tritton.

This aligns with our outlook for the first full quarter of production from Murrawombie, which should boost operating cash flow. Importantly, early works at Constellation are set to commence in the current quarter. Production start-up here by end CY26 will be a major positive catalyst for AIS' copper production growth.

Should you invest?

According to the note, Bell Potter has retained its buy rating and 90 cents price target on the ASX copper miner's shares.

Based on its current share price of 38 cents, this implies potential upside of 135% for investors over the next 12 months.

Commenting on its buy recommendation, the broker said:

AIS is a copper-dominant producer, with its near-term outlook highly leveraged to the copper price and increasing production at Tritton. Tritton is a strategic regional asset and potential corporate target, in our view. With upside to our Target Price supported by growing free cash flow and low valuation multiples it remains a key pick for CY26. Our Target Price of $0.90/sh is unchanged and we maintain our Buy recommendation.

The post Forget Rio Tinto shares and buy this ASX copper miner appeared first on The Motley Fool Australia.

Smaller businesses are much earlier in their growth journey, but are typically undervalued by the market for their potential earnings growth. When we pick the right names, it can lead to strong, market-beating returns.

If I were looking to beat the market, the two names below are ones I'd consider.

Aeris Resources Ltd (ASX: AIS)

Aeris describes itself as an Australian mid-tier copper and gold producer. It has two copper projects, expected to deliver between 40kt and 49kt in FY26.

On top of that, the business has multiple development projects, and it's also investing in exploration. This gives it a strong platform for growth over the longer-term.

I'm expecting copper prices to rise over the longer term due to rising demand, driven by global electricity grid expansion, electric vehicles, data centres, renewable energy, batteries, and so on.

The FY26 half-year result showed how the business can deliver improving profitability amid higher commodity prices – revenue grew by 4.6%, gross profit increased 57% to $93.5 million, net profit after tax (NPAT) rose 62% to $47.9 million, and operating cash flow surged 67% to $97.3 million.

The Aeris Resources share price is down by 46% since January 2026, making it a much cheaper buy.

According to the forecast on CMC Invest, the ASX All Ords stock is now valued at just 2x FY26's estimated earnings.

Australian Ethical Investment Ltd (ASX: AEF)

Australian Ethical is a fund manager that aims to provide investors with investment options that align with their ethical beliefs about what they would and wouldn't want to invest in.

For example, it avoids certain industries, such as fossil fuels, nuclear, and tobacco, while actively supporting positive ones, such as renewable energy, healthcare, IT, and others.

One of the most appealing aspects of Australian Ethical as an investment is its superannuation offering. This offers both long-term funds under management (FUM) and growth from regular superannuation contributions.

For example, in the FY26 third quarter, the business reported net inflows of $0.1 billion, with the vast majority coming from the superannuation channel. Short-term market volatility can affect FUM and the earnings trajectory, but a sell-off can be an opportunity for a rebound.

At the end of March, Australian Ethical expanded its private markets offering with the launch of the Australian Ethical Growth Opportunities Fund. This provides wholesale investors with access to long-term, ethically aligned private-market investments. The new fund has received a cornerstone institutional commitment of up to $125 million from the Clean Energy Finance Corporation (CEFC).

According to the forecast on CMC Invest, the ASX All Ords stock is valued at 20x FY26's estimated earnings.

The post 2 wonderful ASX All Ords stocks I'd buy today appeared first on The Motley Fool Australia.

A decline in the share price doesn't automatically mean the business is great value. But, given where the earnings of the following shares are likely to go, I think the three ASX shares below are strong buys.

Siteminder Ltd (ASX: SDR)

Siteminder is a software provider for 53,000 hotels around the world, and it's growing at a quick pace. During the first half of FY26, it added 2,900 hotel properties to its customer base.

The ASX share has a goal of growing its annual recurring revenue (ARR) by 30% annually, which would be a tremendous rate of improvement. In the FY26 half-year result, ARR increased 29.7% to $280.3 million, while revenue grew 25.5% to $131.1 million.

As a software business, its costs aren't likely to climb at the same rate as its revenue because it's so low-cost to sell one more software subscription to a new hotel. That's partly why we saw adjusted operating profit (EBITDA) more than double to $12.3 million.

The ASX share is rolling out new modules to help its clients generate stronger revenue from its hotels throughout the year, which is also helping increase Siteminder's average revenue per user (ARPU).

Using the profit forecast on CMC Invest, the Siteminder share price is valued at 24x FY28's estimated earnings. That looks really good value if Siteminder's revenue grows faster than 20% per year in the next few years.

Centuria Industrial REIT (ASX: CIP)

This is a real estate investment trust (REIT) that owns a national portfolio of industrial properties across Australia. It's properties like these that are the backbone of the supply chains, distribution networks, data centres, and food/medicine.

The rental potential of the ASX share's portfolio is increasing thanks to tailwinds like a growing population, increasing adoption of online shopping, data centre demand, and so on. The REIT says that its portfolio is 20% under-rented, so its rental income has significant growth potential over the next several years as rental contracts are renewed.

Centuria Industrial REIT reported that in the first six months of FY26, its net operating income (NOI) grew by 5.1%, and it is guiding that its funds from operations (FFO) could grow up to 6% in FY26.

Centuria Industrial REIT looks cheap to me because its reported net tangible assets (NTA) was $3.95 at 31 December 2025, so it's at a discount of around 25%.

Aeris Resources Ltd (ASX: AIS)

This ASX mining share describes itself as a mid-tier base and precious metals producer.

Its key focus is copper, while also having a pipeline of "organic growth projects and an aggressive exploration program and continues to investigate strategic merger and acquisition opportunities", according to Aeris Resources.

The longer-term rise of the copper price has really helped the ASX share's profit outlook. In HY26, its revenue rose by 4.6% to $306.3 million, while cost of sales reduced 9% to $212.8 million.

Its operating cash flow jumped 67% to $97.3 million, while net profit after tax (NPAT) grew 62% to $47.9 million.

I think there is plenty of room for growth in the ASX share through both increased production and potentially higher resource prices over time.

Using the forecast on CMC Invest, the Aeris Resources share price is valued at 2x FY26's estimated earnings.

The post 3 ASX shares now trading at crazy cheap prices! appeared first on The Motley Fool Australia.

This leaves the mining giant's shares close to a record high.

While this is great for shareholders, it could mean the rest of us have missed the boat on this one.

But never fear, Bell Potter has named another ASX copper stock with major upside potential.

Which ASX copper stock?

The stock that Bell Potter is bullish on is Aeris Resources Ltd (ASX: AIS).

It was pleased with its half-year results release this week but concedes that it fell short of consensus estimates. The broker said:

AIS has released its 1HFY26 financial report, with key metrics in-line with our forecasts but a miss vs consensus. Key metrics included: revenue: $306m vs BPe $299m (cons. $311m); EBITDA: $116m vs BPe $114m (cons. $128m); NPAT: $48m vs BPe $53m (cons. $72m). Following an equity raise during the period and debt repayment, AIS is now debt free. At end December AIS held cash and metal receivables of $113m with nil drawn debt for net cash $113m. This was up from a net cash position of $14m at end June 2025.

Overall, the broker felt that this was a good result from the ASX copper stock. It adds:

We view this as a good result, with the financial performance reflecting the strengthening outlook for the business and demonstrating earnings leverage to rising copper and gold prices. EBITDA margins lifted to 37% from 28% vs PcP as a result of good cost control and rising copper and gold prices. Operating cash flow lifted 67%, to $97.3m from $58.3m vs PcP. Earnings lifted by 62% vs the PcP, to $48m as this performance flowed through.

We point out that new / current AIS shareholders have the benefit of historic tax losses. On our forecasts we do not expect AIS to pay cash tax until 2HFY27. AIS has maintained its FY26 guidance, implying strong production growth and steady costs to finish the year.

Big returns could be on the way

According to the note, the broker has retained its buy rating and 90 cents price target on Aeris' shares.

Based on its current share price of 53 cents, this implies potential upside of 70% for investors over the next 12 months.

Commenting on its buy recommendation, Bell Potter said:

AIS is a copper-dominant producer, with its near-term outlook highly leveraged to the copper price, increasing production at Tritton and gold production at Cracow. Tritton is a strategic regional asset and potential corporate target, in our view. With upside to our Target Price supported by low valuation multiples it remains a key pick for CY26. Our Target Price of $0.90/sh is unchanged on this update and we maintain our Buy recommendation.

The post Why this ASX copper stock could be a better buy than Rio Tinto appeared first on The Motley Fool Australia.

At the time of writing, shares in the copper and gold producer are up 0.98% to 51.5 cents. The modest gain adds to what has been an extraordinary run for shareholders, with the stock up around 220% over the past 12 months.

Here is what the company reported.

Profit jumps as margins improve

For the half-year, Aeris delivered revenue of $306.3 million, up 5% on the prior corresponding period.

Cost of goods sold fell 9% to $212.8 million, helping drive a sharp lift in profitability. Gross profit rose 57% to $93.5 million, while adjusted EBITDA increased to $133 million from $84.8 million a year earlier.

Net profit after tax (NPAT) came in at $47.9 million, up 62% from $29.6 million in the prior period. Basic earnings per share (EPS) increased to 4.7 cents from 3.1 cents.

Operating cash flow was strong at $97.3 million for the half, supported by improved commodity pricing and steady production across key assets.

Balance sheet strengthened

Aeris finished the half with cash and cash equivalents of $87.9 million, up significantly from $28.2 million at 30 June 2025.

Net assets increased to $452.6 million from $317.7 million at the end of the previous financial year.

Importantly, the company fully repaid and cancelled its $50 million WHSP loan facility during the half. Management said this materially deleverages the balance sheet and reduces future interest costs.

The stronger financial position provides additional flexibility as the company continues to invest in exploration and project development activities.

Operations remain steady

During the half, Tritton copper operations produced 11,141 tonnes of copper, up from the prior corresponding period. Cracow gold operations also delivered solid output.

Higher gold and copper prices provided a supportive backdrop, helping offset cost pressures and underpinning margins.

Globally, copper prices have remained firm amid ongoing supply constraints and steady industrial demand. Gold prices have also traded at much higher levels, supporting revenue for producers with exposure to the metal.

Aeris said it remains on track to meet its FY26 production guidance, with continued drilling and development work underway across its portfolio.

Foolish Takeaway

Aeris Resources delivered a stronger half-year result, driven by higher commodity prices, improved margins, and disciplined cost control.

Profit, cash flow, and net assets all increased, and the company has materially reduced debt by repaying its WHSP facility.

With copper and gold prices remaining supportive, Aeris enters the second half of FY26 in a stronger financial position.

The post Which ASX stock is pushing higher after strong half-year results appeared first on The Motley Fool Australia.

The market's largest pure-play copper share, Sandfire Resources Ltd (ASX: SFR), is up 75% over the past 12 months.

Meantime, shares in the world's largest copper producer, BHP Group Ltd (ASX: BHP), have lifted 25% over the same period.

In 2025, the copper price rose by 42%.

Last month, the red metal hit a new record above US$6.30 per pound before retreating to the high US$5 range this month.

Here are 2 ASX copper shares that are buy rated by the experts.

True North Copper Ltd (ASX: TNC)

The True North Copper share price closed at 49 cents on Friday, up 19.5% over the past year.

True North's flagship asset is the Mount Oxide exploration project, which has copper, silver, and cobalt deposits.

The current JORC mineral resource estimate (MRE) is 220 kt of copper, 5.13 Moz of silver, and 21.2 kt of cobalt.

True North Copper also owns the Cloncurry Copper Project and provided an MRE update last week.

The copper resource estimate increased 7% to 109 kt Cu and the gold resource estimate lifted 9% to 84 koz Au.

True North Copper said:

The updated MRE's provide a current technical baseline to support ongoing Cloncurry Copper Project Pre-Feasibility (PFS) study work, including evaluation of future development options and underground potential.

Morgans has a buy rating on this ASX copper share with a 12-month target of $1.20.

This suggests a possible 145% capital gain over the next year.

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price closed at 51 cents on Friday, up 240% over 12 months.

After Aeris released its 2Q FY26 report on 29 January, Morgans maintained its accumulate rating.

The broker also lifted its 12-month price target from 60 to 70 cents.

Since then, Aeris has announced new drilling results and the acquisition of Peel Mining Ltd (ASX: PEX).

This will give Aeris ownership of Peel's South Cobar Copper Project, comprising the Mallee Bull and Wirlong mines.

Aeris Resources said the deal represented "a highly synergistic combination" of its Tritton mine with Peel's South Cobar Project.

South Cobar has a contained MRE of 10.6Mt @ 1.85% Cu for 197kt of contained Cu and is within haulage distance of Tritton.

Peel intends to demerge its other Cobar assets into a new company.

Morgans upgraded its rating from accumulate to buy on the news, commenting:

AIS is acquiring Peel Mining's (PEX) South Cobar Copper Project, extending Tritton's resource base and supporting a credible 10+ year mine life.

Mallee Bull adds high-grade, largely indicated resources, improving production visibility and enabling stronger mill utilisation, lower unit costs and enhanced operating leverage from ~FY29.

Upgrade to BUY with a A$0.70ps target price, with the transaction strengthening Tritton's long-term outlook.

The price target suggests a potential 37% upside over the next year.

The post 2 ASX copper shares to buy: experts appeared first on The Motley Fool Australia.

Will the market be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 expected to rebound

The Australian share market looks set for a good start to the week despite a mixed finish on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 51 points or 0.55% higher. In the United States, the Dow Jones was up 0.1%, the S&P 500 rose a fraction, and the Nasdaq edged 0.2% lower.

Oil prices edge higher

It could be a positive start to the week for ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices edged higher on Friday night. According to Bloomberg, the WTI crude oil price was up 0.1% to US$62.89 a barrel and the Brent crude oil price was up 0.35% to US$67.75 a barrel. Traders were buying oil after data showed a slowdown in US inflation.

Treasury Wine results

Treasury Wine Estates Ltd (ASX: TWE) shares will be on watch on Monday when the wine giant releases its half-year results. The team at Morgans isn't expecting any surprises given that management has released guidance for the half. It said: "1H26 underlying EBITS guidance is A$225-235m, down 40-42.5% on 1H25. Penfolds EBITS is expected to fall 20%, Treasury America (TA) by 67% and Treasury Collective (TC) by 56.5%. Depressed earnings/cashflow means that TWE's 1H26 gearing of 2.5x will be well above its target range of 1.5-2.0x. We don't expect the Board to declare an interim dividend."

Gold price jumps

ASX 200 gold shares including Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good start to the week after the gold price jumped on Friday night. According to CNBC, the gold futures price was up 2.3% to US$5,063.8 an ounce. This was driven by the release of US inflation data, which supported interest rate cut hopes.

Buy Aeris shares

Bell Potter thinks investors should buy Aeris Resources Ltd (ASX: AIS) shares following a recent acquisition announcement. This morning, the broker retained its buy rating on the copper miner's shares with an improved price target of 90 cents. It said: "AIS is a copper-dominant producer, with its near-term outlook highly leveraged to the copper price, increasing production at Tritton and gold production at Cracow. Tritton is a strategic regional asset and AIS is leveraging that to extract value from this deal."

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

But with the mining giant already trading strongly, investors looking for bigger upside in the copper space may want to look further down the market cap spectrum.

According to Bell Potter, Aeris Resources Ltd (ASX: AIS) shares could offer significantly more upside from current levels. Here's why.

What is the broker saying?

Bell Potter believes this ASX copper stock has made a value-accretive move with its proposed acquisition of Peel Mining via an all-scrip deal. The broker said:

AIS has made what we believe is a value accretive, strategic acquisition that bolsters and de-risks the long-term production outlook for its Tritton Copper Mine in NSW. We see potential for an extended mine life of +10 years and sustainable production rates of ~30ktpa copper in concentrate.

Under the deal, Aeris will acquire the Mallee Bull and Wirlong copper projects, which sit within trucking distance of Tritton. Bell Potter explains:

The primary assets of PEX are the Mallee Bull and Wirlong copper projects which contain a combined Resource of 10.6Mt @ 1.85% Cu for 197kt contained Cu. They sit within a ~150-200km trucking radius of Tritton. Combined with the current Resource at Tritton this is a total Resource of 29.5 Mt @ 1.73% Cu for 511kt contained Cu.

The broker believes this could extend Tritton's mine life beyond 10 years, improve operating flexibility, and allow full utilisation of the processing plant.

Value accretive deal

On its modelling, Bell Potter sees meaningful value uplift from the acquisition. The broker said:

This adds ~$350m to our NPV for Tritton, which we risk adjust 15% lower to $300m… On our assumptions, this shows the acquisition to be strongly value accretive compared with the $170m value of AIS' scrip consideration for PEX.

Importantly, the acquisition strengthens Aeris' position in the Cobar Basin, which Bell Potter believes enhances its strategic regional footprint.

Earnings upgrades

Bell Potter has also upgraded its forecasts in response to the deal and updated commodity assumptions. The broker noted:

EPS changes in this report are: FY26: +9%, FY27: +12% and FY28: +27% on higher copper price forecasts. AIS is a copper-dominant producer, with its near-term outlook highly leveraged to the copper price, increasing production at Tritton and gold production at Cracow.

The broker's earnings estimates show strong forecast growth, with EBITDA expected to rise from $160 million in FY 2025 to $310 million in FY 2026 and then $404 million in FY 2027.

Time to buy this ASX copper stock

According to the note, Bell Potter has maintained its buy recommendation and lifted its price target to $0.90 (from $0.82).

Based on its current share price of 51 cents, this implies potential upside of 76% for investors over the next 12 months.

The post Forget Rio Tinto, this ASX copper stock could rise 75%+ appeared first on The Motley Fool Australia.

Perhaps the new year is set to be just as strong, with materials already up 12.7% year-to-date, despite the recent commodities rout.

This compares to a 2.7% bump for the All Ordinaries Index (ASX: XAO) and a 3.6% lift for the S&P/ASX 200 Index (ASX: XJO).

The largest mining stock on the market, BHP Group Ltd (ASX: BHP), reached a near four-year high of $52.64 per share yesterday.

Other ASX mining shares are trading at record highs.

These include gold miner Northern Star Resources Ltd (ASX: NST) and diversified miner Rio Tinto Ltd (ASX: RIO).

If you're looking for investment ideas in the mining space, here are three stocks with buy ratings from the experts.

Ramelius Resources Ltd (ASX: RMS)

The Ramelius Resources share price closed at $4.69 on Thursday, down 0.42% for the day and up 82% over the past year.

Shaw and Partners has a buy rating on this ASX gold mining share.

The broker's 12-month share price target is $6.50, implying a potential near-40% upside from here.

Shaw and Partners said:

Ramelius is embarking on a heavy investment phase over the next four years, yet our revised gold price outlook suggests they will maintain a robust upward trajectory in liquidity, with free cash flow yields tripling by 2030.

The market likely underestimates the production potential at Dalgaranga, and given management's history of conservative forecasting, further discoveries at Cue or Magnet could easily push performance beyond current expectations.

Check out some 2026 gold price forecasts here.

Turalco Gold Ltd (ASX: TCG)

The Turalco Gold share price closed 3.7% higher at 71 cents yesterday.

The ASX gold mining share has risen 103% over the past 12 months.

Morgans maintained its buy rating on Turalco after a visiting its Afema Gold Project in Côte d'Ivoire.

The broker commented:

Afema represents one of the largest undeveloped gold projects on the ASX, hosting a 4.06Moz resource at 1.2g/t Au.

The visit included all key resource prospects, future growth corridors, site infrastructure, core yard and a visit through the local community — reinforcing both the scale of the system and development readiness.

Morgans raised its 12-month share price target from $1.63 to $2.19, implying a potential 200%-plus upside from here.

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price closed at 53 cents on Thursday, down 6.2% for the day but up 231% over the past year.

After the company released its 2Q FY26 report, Morgans maintained its accumulate rating

The broker also lifted its price target on the ASX copper mining share from 60 to 70 cents.

This suggests a possible 30%-plus capital gain over the next year.

The broker said:

Solid 2Q26 delivery. Cracow continues its strong performance and Tritton operated broadly to plan.

Our earnings forecasts and valuation have been upgraded to reflect the company's improved earnings outlook for the remainder of FY26 in the current copper and gold price environment.

Check out Goldman Sachs' 2026 forecast for the copper price here.

The post 3 ASX mining shares to buy: brokers appeared first on The Motley Fool Australia.

At the time of writing, the Aeris share price is up 8.08% to 53.5 cents. In comparison, the S&P/ASX All Ordinaries Index (ASX: XAO) is edging 1.6% higher.

That move adds to an already remarkable run, with the stock now up around 240% over the past 12 months.

Let's take a closer look at today's update to the market.

Strong gold intersections grab attention

According to the release, Aeris reported significant gold intersections from the first diamond drill holes at Golden Plateau. The results are from a planned 30-hole program within the Cracow project.

Early drilling confirmed high-grade mineralisation within existing Cracow mining leases. This supports the view that Golden Plateau could become an additional source of ore for the operation.

Highlights included:

• 5.0 metres at 12.7 grams per tonne gold from 45.6 metres at the Fernyside lode
• 19.3 metres at 0.9 grams per tonne gold from 188 metres, including narrower higher-grade zones, within the Main Lode under the former open pit

The company said the drilling shows mineralisation continues along strike from earlier high-grade areas. It also identified broader mineralised zones below the old pit.

Why Golden Plateau could be very important

Golden Plateau is close to the existing Cracow processing facility and sits within Aeris' current mining leases.

This means any future development could use existing infrastructure, which may reduce costs and speed up development.

The company believes the drilling shows mineralisation continues beyond historic workings and into deeper zones. If further results support this, Golden Plateau could help extend the life of the Cracow operation.

More drill results are coming

The results reported so far cover only the first 2 holes of a broader diamond drilling program. In total, 16 holes have already been completed, with assays expected to be returned progressively as the program continues.

The full drill program aims to improve the geological model, assess several lodes, and support future mine planning and approvals.

Foolish Takeaway

Aeris Resources has reported early drilling that points to continued mineralisation at Golden Plateau.

The intersections suggest Cracow may still offer further upside, supported by existing infrastructure and additional drilling underway.

After a 240% rise over the past year, expectations are already high. These early findings do offer some near-term support, though further confirmation will be important to sustain the share price's recent run.

The post This ASX mining stock is up 8% after eye-catching gold drilling update appeared first on The Motley Fool Australia.

Top broker Morgans gives the following ASX miners a buy rating.

Here's why.

Ramelius Resources Ltd (ASX: RMS)

This ASX gold mining share is up 2.05% to $4.50 apiece on Tuesday.

Ramelius Resources shares have rocketed 78% over the past 12 months, while the gold commodity price has ascended 68%.

After the miner revealed its 2Q FY26 results, Morgans remained buy-rated on the stock and lifted its price target from $4.50 to $5.50.

However, the broker downgraded its recommendation from buy to accumulate.

Morgans said:

RMS reported its 2Q26 result following its pre-release update on 8 January, delivering production of 45.6koz at an AISC of A$1,977/oz.

RMS remains on track to meet FY26 guidance of 185–205koz at an AISC of A$1,700–A$1,900/oz, with YTD production now at 100.6koz at an AISC of A$1,901/oz.

Lower production reflects the ongoing tapering of Cue open pit head grades, partially offset by higher-grade feed from Penny (9.8g/t Au).

Importantly, development at Dalgaranga has now accessed the high-grade Never Never orebody, with initial development ore stockpiled (16kt at 3.5g/t Au), providing a positive lead indicator for grade uplift into coming quarters.

Meeka Metals Ltd (ASX: MEK)

This fellow ASX gold mining share is 23 cents, up 5.5% today and up 132% over the past 12 months.

After reviewing the company's 2Q FY26 results, Morgans maintained its buy rating on Meeka Metals shares.

It also kept its 12-month share price target at 33 cents.

MEK delivered its 2Q26 operating result as the Murchison Gold Project continues to ramp up.

Gold production increased 28% quarter on quarter to 9.1koz Au and was in-line with MorgansF of 9.3koz Au.

Ounce production was underpinned by a mill head grade of 3.3g/t Au, ~10% above MorgansF assumptions; however, this grade outperformance is partially offsetting lower-than-expected throughput.

Looking ahead, improvements in mill throughput, driven by underground production remain key to maintaining alignment with PFS forecasts.

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is 58 cents, up 3% on Tuesday.

The ASX copper mining share has skyrocketed by 316% over the past 12 months.

Like gold, copper has also been on an upward trajectory, rising 35% year over year due to higher demand because of the energy transition.

Following Aeris Resources' 2Q FY26 report, Morgans maintained its accumulate rating and lifted its price target from 60 cents to 70 cents.

The broker said:

Solid 2Q26 delivery. Cracow continues its strong performance and Tritton operated broadly to plan.

Our earnings forecasts and valuation have been upgraded to reflect the company's improved earnings outlook for the remainder of FY26 in the current copper and gold price environment.

The post 3 ASX mining shares to buy: Morgans appeared first on The Motley Fool Australia.