Ausgold shares closed yesterday trading for $1.160. In early morning trade on Tuesday, shares are swapping hands for $1.155 apiece, down 0.4%.

For some context, the All Ordinaries Index (ASX: XAO) is down 0.3% at this same time.

Despite today's modest dip, the Ausgold share price is up a whopping 145.7% over 12 months, racing ahead of the 10.8% one-year gains posted by the All Ords.

Now, here's what's grabbing investor interest today.

ASX All Ords gold stock expanding its drill campaign

This morning, Ausgold reported on a promising new batch of exploratory drill results.

The ASX All Ords gold stock has been actively drilling at its 100%-owned Katanning Gold Project, located in Western Australia.

The latest assay results from the ongoing drilling program stem from another 79 reverse circulation (RC) drill holes totalling 11,369 metres from the Central and Southern Zones of the project.

Ausgold said it hit broad and high-grade intercepts from the resource extension and infill drilling campaign.

Top results included 14 metres at 3.91 grams of gold per tonne from 41 metres, including 9 metres at 5.42g/t from 45 metres.

The ASX All Ords gold stock also revealed that metallurgical diamond drilling within the early mine schedule confirmed locally higher grades than previously interpreted.

Among those top results, Ausgold reported 8.0 metres at 9.54g/t from 90 metres, including 5.8 metres at 13.15g/t from 90 metres.

Ausgold has now completed 33,588 metres of drilling at Katanning, encompassing 232 holes. The miner is still waiting for the results from around 12,000 metres of that program. On the heels of this success, management said the program has been expanded to 54,000 metres.

The company currently has four rigs (three RC and one diamond) operating at the project. An additional diamond rig is expected to arrive on site shortly.

What did management say?

Commenting on the results reported by the ASX All Ords gold stock today, Ausgold executive chairman John Dorward said, "These latest results from the Central and Southern Zones continue to reinforce the scale and continuity of the mineralised system at the Katanning Gold Project."

Dorward added:

The decision to expand the program to 54,000 metres reflects our confidence in the opportunity in front of us. With an additional diamond rig now mobilising to site – increasing the total to five rigs – and multiple growth fronts now active across Jinkas, Jackson, White Dam and Datatine, we are deliberately accelerating drilling to unlock further Resource growth.

The post Up 146% in a year, ASX All Ords gold stock reports new 'high grade intercepts' appeared first on The Motley Fool Australia.

Ausgold shares closed yesterday trading for $1.015. In early morning trade on Thursday, shares are changing hands for $1.050 apiece, up 3.5%.

For some context, the All Ordinaries Index (ASX: XAO) is up 0.9% at this same time.

This sees the Ausgold share price up 123.4% in 12 months, smashing the 7.1% one-year gains delivered by the benchmark index.

Here's what's catching investor interest today.

ASX All Ords gold stock jumps on cooperative agreement

The Ausgold share price is lifting after the company announced that it has entered into a binding Consultation and Cooperation Agreement with the Wagyl Kaip Southern Noongar Aboriginal Corporation (WKSNAC).

The agreement involves the ASX All Ords gold stock's 100%-owned Katanning Gold Project, located in Western Australia.

WKSNAC is the Indigenous Land Use Agreement holder for the region.

Ausgold said that the "landmark" agreement creates a framework for ongoing consultation and cooperation with WKSNAC to support the development, construction, and operation of its Katanning Gold Project.

The agreement aims to deliver long-term benefits for both the miner and the traditional owners, enabling cultural heritage management and stakeholder engagement.

What did management say?

Commenting on the agreement helping to boost the ASX All Ords gold stock today, Ausgold executive chairman John Dorward said, "This agreement represents an important and very positive milestone for the Katanning Gold Project and reflects our commitment to working collaboratively with the Wagyl Kaip Southern Noongar Aboriginal People."

Dorward added:

Establishing a clear and respectful framework for managing important matters such as cultural heritage and community engagement is critical as we progress the Katanning Gold Project towards development.

It is through collaborative partnerships like this that we seek to ensure that the Katanning Gold Project will deliver tangible long-term benefits for all stakeholders.

What's been happening with the ASX All Ords gold stock?

Ausgold reported its December quarterly results on 16 January.

Among the highlights for the three months, the ASX All Ords gold stock delivered an updated Definitive Feasibility Study (DFS) for its Katanning Gold Project.

The updated DFS increased the project's life-of-mine forecast gold production by 82,000 ounces to 1.22 million ounces. Average annual gold production is forecast to be 143,000 ounces in the first four years, with "a significantly enhanced production profile" in years five to 10.

The updated DFS also pointed to lower costs, with an all-in sustaining cost (AISC) over the first four years of $2,157 per ounce and $2,252 per ounce over the life-of-mine.

"The December Quarter was another exceptionally active period for Ausgold, with strong progress achieved across multiple fronts towards the development of our flagship 2.44-million-ounce Katanning Gold Project," Dorward said on the day.

The post Up 123% in a year, ASX All Ords gold stock lifting off again today on 'landmark' agreement appeared first on The Motley Fool Australia.

Ausgold shares closed Friday trading for $1.26. In early morning trade on Tuesday, shares are swapping hands for $1.255 apiece, down 0.4%.

For some context, the All Ordinaries Index (ASX: XAO) is up 0.8% at this same time.

With today's intraday dip factored in, the Ausgold share price remains up a whopping 185.2% over the past 12 months, racing ahead of the 7.2% one-year gains posted by the All Ords.

Part of that meteoric rise has been spurred by the rocketing gold price. Gold topped US$5,000 per ounce over the weekend and is currently fetching US$5,009 per ounce, up 83% since this time last year.

And Ausgold has hardly been sitting on its laurels.

Here's what's grabbing investor interest today.

ASX All Ords gold stock accelerating drill program

The Ausgold share price has yet to get a boost from this morning's release of the latest exploratory drill results from its 100%-owned Katanning Gold Project (KGP), located in Western Australia.

The ASX All Ords gold stock is conducting an ongoing 44,000 metre drilling campaign at KGP.

The drilling campaign is targeting resource growth at KGP, which management said is supporting future reserve conversion, improving confidence in early mine life areas, and targeting new gold discoveries.

As part of that program, the miner reported on the assay results it has received from a further 55 reverse circulation (RC) drill holes totalling 8,179 metres. The results come from the Central Zone of the project.

The ASX All Ords gold stock said that the step-out drilling has delivered "broad, high-grade mineralisation down-dip". And investors will have noted this is beyond the limits of Ausgold's existing 2.44 million ounce Mineral Resource and DFS Update open pit designs.

The miner added that in-fill drilling within the existing Mineral Resource has returned intercepts consistent with, and locally exceeding, its current Resource model.

What did management say?

Commenting on the drill results reported by the ASX All Ords gold stock today, Ausgold executive chairman John Dorward said:

These results continue to demonstrate the quality of the Katanning Gold Project, reinforcing the robustness of the existing Mineral Resource and supporting confidence in the current mine plan, while also highlighting the project's straightforward growth potential.

We look forward to delivering further results over the coming quarters, culminating in an updated Mineral Resource Estimate following completion of the current drilling campaign.

Ausgold noted that its drilling program at KGP is accelerating, with 13,031 metres (across 94 holes) completed to date. The miner now has a diamond rig and a third RC rig operating on site.

The post Up 185% in a year, ASX All Ords gold stock reports further growth potential appeared first on The Motley Fool Australia.

You only need to look at the performance of the S&P/ASX All Ords Gold index to see why.

Since the turn of the year, this gold index has more than doubled in value.

The good news is that it may not be too late to invest in this side of the market, with Bell Potter picking out one ASX gold share that it thinks could still rise 50%.

Which ASX gold share?

The gold share that Bell Potter is bullish on is Ausgold Ltd (ASX: AUC).

It is focused on the development of its 100% owned Katanning Gold Project (KGP) in the Wheatbelt Region of Western Australia.

Bell Potter notes that its optimised definitive feasibility study (DFS) has outlined an open pit mine development with average production of 118,000 ounce per annum at an all-in sustaining cost (AISC) of A$2,252 per ounce over an initial 10 year mine life.

It also points out that the ASX gold share's largely underexplored 3,500km2 Katanning Greenstone Belt mineral tenure holds potential for significant resource growth and mine life upgrades. This includes the potential for regional, high grade satellite deposits to feed a central KGP processing hub.

Big potential returns

According to the note, the broker has responded to the DFS by retaining its speculative buy rating and lifting its price target to $1.70 (from $1.60).

Based on its current share price of $1.12, this implies potential upside of 52% for investors over the next 12 months.

Bell Potter notes that the ASX gold share's management team has a strong track record of advancing assets from exploration through development. Commenting on the company, it said:

AUC's management team has a demonstrated track record of advancing assets from exploration through development, positioning the company to unlock substantial value as the KGP de-risks toward production. We expect constant updates to include: Drill results (ongoing); permitting & approvals activities (ongoing); updated MRE (midCY26); KGP funding package (mid-CY26); and FID (mid-CY26) for potential first production from late 2027.

Our valuation is based on a potential project development at Katanning, risked for its pre-FID stage of development. AUC is an asset development company with prospective operations and cash flows. Our Speculative risk rating recognises this higher level of risk and volatility of returns.

The post Why this cheap ASX gold share could rise 50% appeared first on The Motley Fool Australia.

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

ASX 200 expected to fall

The Australian share market looks set to fall on Wednesday following another poor night of trade on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 13 points or 0.15% lower this morning. In late trade in the United States, the Dow Jones is down 0.7%, the S&P 500 fell 0.4%, and the Nasdaq is down 0.15%.

Oil prices sink

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a difficult session after oil prices sank overnight. According to Bloomberg, the WTI crude oil price is down 2.7% to US$55.30 a barrel and the Brent crude oil price is down 2.6% to US$58.96 a barrel. This was driven by Russia-Ukraine peace talk optimism and means oil prices are trading at their lowest levels since 2021.

Treasury Wine update

Treasury Wine Estates Ltd (ASX: TWE) shares will be on watch on Wednesday when the wine giant releases an update on its outlook. Earlier this week, it requested a trading halt until the update has been made. It said: "As disclosed to the market, TWE will hold an investor and analyst call on Wednesday, 17 December 2025. The Company is in the final stages of preparing for this update, which will include information regarding the Company's outlook."

Gold price edges higher

ASX 200 gold shares including Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) will be on watch on Wednesday after the gold price edged higher overnight. According to CNBC, the gold futures price is up slightly to US$4,337.5 an ounce. The precious metal rose in response to weak US economic data.

Buy Ausgold shares

The team at Bell Potter thinks that Ausgold Ltd (ASX: AUC) shares are being undervalued by the market. This morning, the broker has put a speculative buy rating and $1.70 price target on the gold developer's shares. It said: "AUC's management team has a demonstrated track record of advancing assets from exploration through development, positioning the company to unlock substantial value as the KGP [Katanning Gold Project] de-risks toward production."

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

Ausgold shares closed up 4% yesterday, trading for $1.04. In morning trade on Tuesday, shares are changing hands for $1.02 apiece, down 1.9%.

For some context, the All Ordinaries Index (ASX: XAO) is up 0.3% at this same time.

Today's underperformance is unusual for the miner in 2025.

Amid a surging gold price and Ausgold's own successes on the ground this year, investors who bought the ASX All Ords gold stock on 2 January are now sitting on gains of 142.9%.

Here's what the miner reported this morning.

ASX All Ords gold stock ramping to production

In an ASX release before market open, Ausgold announced that it had completed the updated Definitive Feasibility Study (DFS) for its 100%-owned Katanning Gold Project (KGP), located in Western Australia.

The ASX All Ords gold stock needed to update its June 2025 DFS following a key land acquisition deal adjacent to Katanning, which it reported in August.

The miner explained that its June 2025 KGP Ore Reserve was artificially constrained to remain within the eastern boundary due to land access restrictions. At the time, Ausgold didn't expect to be able to mine the area outside of its existing land holdings in the near future. As such, this was excluded from the June DFS.

Now, following its expanded tenure position, the ASX All Ords gold stock said it has completed a further optimisation of the KGP mine plan. Ausgold expects to add incremental life-of-mine gold production from areas within the Central Zone of the deposit. And management said mining costs will come down after Ausgold relocates waste dumps to more strategic locations, reducing haulage distances.

Digging into the numbers, the life-of-mine forecast gold production increased by 82,000 ounces to 1.22 million ounces. Ausgold expects to be able to increase its average annual gold production to 143,000 ounces in the first four years.

And costs will come down as well, with the all-in sustaining cost (AISC) now forecast to be $2,157 per ounce over the first four years and $2,252 per ounce over the life-of-mine.

What did management say?

Commenting on the DFS results, which could support the ASX All Ords gold stock longer-term, Ausgold executive chairman John Dorward said, "We are delighted with the outcomes of the optimised DFS Update, which clearly demonstrate the robust financial returns that will be generated by the KGP."

Dorward added:

In addition to the extensive drilling program currently underway, we are progressing pre-development activities at pace, including front-end engineering and design and tendering of key contracts including construction of the workforce accommodation facility, power supply and EPC/EPCM and debt financing, whilst in parallel progressing activities to finalise permitting for the project.

The post Up 143% in 2025, ASX All Ords gold stock announces 82,000-ounce gold boost appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:

Ausgold Ltd (ASX: AUC)

The Ausgold share price is down 8.5% to 80.5 cents. This morning, this gold miner announced a fully underwritten two-tranche placement to raise $80 million. The company is raising the funds at a discount of 80 cents per new share. Management notes that the capital raising proceeds, together with existing cash, will support the acceleration of its Katanning Gold Project (KGP) towards a final investment decision. Ausgold's executive chairman, John Dorward, said: "The successful completion in June of the Katanning Gold Project Definitive Feasibility Study and the recent freehold land acquisitions are major milestones on the road to Ausgold becoming Australia's next mid-tier gold producer."

DroneShield Ltd (ASX: DRO)

The DroneShield share price is down 13.5% to $2.12. Investors have been selling the counter drone technology company's shares after it announced the resignation of its US CEO, Matt McCrann, effective immediately. In response to the news, DroneShield's CEO, Oleg Vornik, commented: "DroneShield thanks Matt for his contribution to the business and wishes Matt well for his next steps. Our U.S. business includes talented, highly experienced personnel, with our counterdrone systems deployed with a number of tier 1 U.S. Government agencies. The U.S. represents a very important market for DroneShield, that is anticipated to grow across both military and civilian domains, as drones continue to pose an increasing threat."

EML Payments Ltd (ASX: EML)

The EML Payments share price is down 3% to 85.2 cents. This morning, this payments company released a trading update and revealed that its first quarter underlying EBITDA was down 42% on the prior corresponding period to $6.8 million. Despite this, management has reaffirmed its FY 2026 underlying EBITDA guidance range of $58 million to $63 million.

TPG Telecom Ltd (ASX: TPG)

The TPG Telecom share price is down 4% to $3.65. The catalyst for this has been the completion of the institutional component of its reinvestment plan, raising $300 million. Approximately 83 million new shares will be issued at a price of $3.61 per new share. This represents a 5% discount to TPG Telecom's last close price of $3.80. TPG Telecom's managing director and CEO, Iñaki Berroeta, said: "We wish to recognise the strong commitment of the TPG Telecom shareholders who supported this raising. The Reinvestment Plan is the final step of our Capital Management and Liquidity Plan."

The post Why Ausgold, DroneShield, EML, and TPG shares are falling today appeared first on The Motley Fool Australia.

Ausgold shares closed up 8.0% on Friday at 88 cents apiece. The stock then entered a trading halt on Monday, pending an announcement regarding a capital raising.

Following the release of that announcement this morning, Ausgold shares tumbled to 79 cents apiece, down 10.2%. After some likely bargain hunting, in later morning trade shares are changing hands for 81 cents each, down 8.0%.

For some context, the All Ordinaries Index (ASX: XAO) is up 0.1% at this same time.

Longer-term, shares in the ASX All Ords gold stock remain up 92.9% year-to-date, racing ahead of the 3.3% gains posted by the benchmark index over this period.

Here's what's got investors favouring their sell buttons today.

ASX All Ords gold stock raising $80 million

Ausgold shares are under pressure today after the company announced a fully underwritten two-tranche placement of 100 million new shares.

The shares will be issued for 80 cents each, or 9.1% below Friday's closing price, which is why we're seeing the ASX All Ords gold stock slide today.

The miner said it will use the $80 million in proceeds from the capital raising to accelerate its Katanning Gold Project (KGP), located in Western Australia, towards a final investment decision.

The funds will be deployed to build a workforce accommodation facility, for land acquisition payments, and for further exploration and general working capital.

Ausgold said it is also undertaking a Share Purchase Plan (SPP) at the same issue price of 80 cents a share for eligible stockholders to raise up to an additional $10 million.

The miner noted that the SPP will enable eligible shareholders to increase their holding in the ASX All Ords gold stock by up to the maximum allowed value of $30,000, without incurring any brokerage or transaction costs.

What did Ausgold management say?

Commenting on the ASX All Ords gold stock's capital raising, Ausgold executive chairman John Dorward said, "The successful completion in June of the Katanning Gold Project Definitive Feasibility Study and the recent freehold land acquisitions are major milestones on the road to Ausgold becoming Australia's next mid-tier gold producer."

Dorward added:

This new capital stands us in good stead to further accelerate works at the KGP ahead of a final investment decision while we continue to explore our extensive tenement holding.

With 44,000 metres of drilling underway, we look forward to updating shareholders on the results of that program which will target down-plunge extensions of some of the highest potential areas of the KGP orebody.

The post Why is this high-flying ASX All Ords gold stock crashing 10% today? appeared first on The Motley Fool Australia.

Or around nine times the 10.2% year-to-date gains posted by the All Ordinaries Index (ASX: XAO).

In morning trade today, Ausgold shares are changing hands for 82.5 cents apiece, down a sharp 8.3%.

For some context, the All Ords is down 0.7% at this same time, while the S&P/ASX All Ordinaries Gold Index (ASX: XGD) is down 9.1%. This comes after the gold price plunged overnight. Down 5.2% over the past 24 hours, gold is currently trading for US$4,125 per ounce. Though it's worth noting that the yellow metal remains up more than 50% since this time last year.

ASX All Ords gold stock acquires vital land parcel

Moving beyond the daily moves in the gold price, Ausgold announced this morning that it has signed a binding agreement to acquire an additional 240 hectares of freehold land.

The newly acquired parcel is required for the ASX All Ords gold stock to develop its Katanning Gold Project (KGP), located in Western Australia.

Ausgold said that about 50 hectares of the newly acquired land are part of its Mining Licence ML70/210.

And the miner highlighted that the new parcel includes "a substantial" additional buffer area around the licensed area. That enables potential growth of its Dingo Resource and Reserve, outside of the current mining lease. This could lead to an expansion of what's so far been included in the KGP mine plan in the Definitive Feasibility Study (DFS), which was delivered in June this year.

What did management say?

Commenting on the ASX All Ords gold stock's new land acquisition, Ausgold executive chairman John Dorward said:

Securing this land is another key de-risking event for the development of the KGP. Land access issues, which have historically impaired the development of the Katanning Gold Project up to this point, are being removed and we can now get on with the unfinished business of determining the full potential of this emerging gold district.

What else has been happening with Ausgold?

Ausgold released its September quarterly update on Monday.

As we noted on the day, a core achievement for the ASX All Ords gold stock over the three months was signing a binding agreement with unrelated parties to acquire some 860 hectares of freehold land critical to the development of the KGP.

"The key milestone for the September quarter was the successful resolution of the land access issue, which had been a major impediment to the development of the KGP up to this point," Dorward said on the day.

The ASX All Ords gold stock said it will commence a 44,000-metre exploratory drilling program this month, including 32,000 metres of drilling planned at KGP.

The post Up 97% in 2025, ASX All Ords gold stock secures key mining parcel appeared first on The Motley Fool Australia.

The brightly shining company in question is Ausgold Ltd (ASX: AUC).

Trading for 91.5 cents apiece in morning trade on Monday, the ASX All Ords gold stock is up a whopping 117.9% year to date. That's been spurred by a remarkable 60% increase in the gold price in 2025, with the yellow metal currently trading for US$4,255 per ounce.

The gold price notched new record highs again on Friday, reaching US$4,327 per ounce, according to data from Bloomberg.

With the gold price down 1.7% over the weekend from that new all-time high, Ausgold shares are slipping 1.1% today amid broader weakness in the gold sector.

For some context, the S&P/ASX All Ordinaries Gold Index (ASX: XGD) is down 5.0% at this same time.

Here's what's happening with Ausgold shares today.

ASX All Ords gold stock in focus as legal hurdles cleared  

Ausgold shares look to be outperforming the broader ASX gold sector today following the release of the miner's quarterly update, covering the three months to 30 September.

The ASX All Ords gold stock is primarily focused on developing its Katanning Gold Project (KGP), located in Western Australia.

A core achievement for Ausgold over the quarter was the inking of a binding agreement with unrelated parties to acquire around 860 hectares of freehold land that is critical to its development of the KGP.

Notably, that agreement puts an end to the legal action involving Ausgold's right to mine the site. The legal dispute had been running since August 2023.

Following on that acquisition, the ASX All Ords gold stock said it is undertaking an optimisation of its June 2025 Definitive Feasibility Study (DFS) mine plan.

The goal is to add additional life-of-mine gold production from areas in the Central Zone. Those are part of the existing KGP Mineral Resource, but management noted they were excluded from the June 2025 DFS production estimates because of previous tenure constraints.

Ausgold also aims to reduce mining costs by relocating waste dumps to more favourable locations to cut down on haulage distances.

The September quarter also saw the miner successfully complete a $35 million share placement capital raising.

What did management say?

Commenting on the quarterly progress for the ASX All Ords gold stock, Ausgold executive chairman John Dorward said:

Following the delivery of a highly positive Definitive Feasibility Study for the Katanning Gold Project in the June Quarter, Ausgold has been diligently progressing pre-development activities to maintain our momentum towards a final investment decision planned for mid-2026.

The key milestone for the September quarter was the successful resolution of the land access issue, which had been a major impediment to the development of the KGP up to this point. This critical land acquisition agreement also enables Ausgold to re-optimise the KGP mine plan, which is expected to deliver significant upside to the project economics.

As for what's ahead, the ASX All Ords gold stock said it will kick off a 44,000-metre drilling program in October. That includes 32,000 metres of exploratory drilling at KGP.

The post Up 118% this year, ASX All Ords gold stock approaching key milestone 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:

ANZ Group Holdings Ltd (ASX: ANZ)

The ANZ share price is down almost 1% to $32.93. This morning, the big four bank revealed that it has reached an agreement with the Australian Securities and Investments Commission (ASIC) to resolve five separate regulatory investigations. This will see ANZ pay a total of $240 million in penalties. The largest penalty relates to its role as duration manager in the execution of a 2023 issuance of 10-year Treasury Bonds by the Australian Office of Financial Management (AOFM). The bank stated: "It is ANZ's view that no loss was caused to the Commonwealth from its trading as duration manager. However, given ANZ could have executed its role as duration manager with better communication, ANZ has offered to pay the AOFM the revenue it earned as duration manager as a goodwill gesture."

Ausgold Ltd (ASX: AUC)

The Ausgold share price is down 2.5% to 91.5 cents. This is despite the release of a drilling update from the gold developer this morning. Ausgold revealed that it is about to launch a major new gold drilling program at the 100%-owned 2.44Moz Katanning Gold Project (KGP) and across its extensive highly prospective greenstone tenure in the south-west of Western Australia. Executive chairman, John Dorward, stated: "This is one of the most significant drill programs undertaken by Ausgold to date. Following the recently settled land access arrangement, we are combining low-risk, high-reward Resource growth at the KGP with an aggressive regional campaign that aims to unlock the significant discovery upside of our project."

Contact Energy Ltd (ASX: CEN)

The Contact Energy share price is down 2% to $8.24. This follows the release of a monthly operating report from the energy company. It revealed that its consumer business recorded mass market electricity and gas sales of 454GWh for the month of August. This is down slightly from 456GWh a year earlier.

Ora Banda Mining Ltd (ASX: OBM)

The Ora Banda Mining share price is down 10% to $1.04. This appears to have been driven by a bearish broker note out of Macquarie this morning. According to the note, the broker has downgraded the gold miner's shares from outperform all the way down to an underperform rating with an unchanged price target of 95 cents. This follows the release of its mineral resources and ore reserve statement at the end of last week.

The post Why ANZ, Ausgold, Contact Energy, and Ora Banda shares are dropping today appeared first on The Motley Fool Australia.