Will the market be able to build on this on Thursday? Here are five things to watch:

ASX 200 set to fall

The Australian share market looks set to fall on Thursday despite a good night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 24 points or 0.25% lower this morning. In the United States, the Dow Jones rose 2.85%, the S&P 500 jumped 2.5% and the Nasdaq stormed 2.8% higher.

CSL shares given hold rating

Bell Potter still thinks it is too early to buy CSL Ltd (ASX: CSL) shares. This morning, the broker has retained its hold rating on the biotherapeutics giant's shares with a $155.00 price target (from $175.00). It said: "The current share price reflects a materially de-rated PE multiple of ~15x our FY27 NPAT forecast, bringing CSL in line with the global biopharma peer set which also trades at an avg PE of 15x. While CSL doesn't face the same extent of generic/biosimilar competition as these biopharma peers, it does have a lower growth outlook of ~2.5% revenue CAGR (3yr) per our forecast compared to >4% avg for global peers."

Oil prices sink

ASX 200 energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a subdued session on Thursday after oil prices crashed overnight. According to Bloomberg, the WTI crude oil price is down 14.6% to US$96.42 a barrel and the Brent crude oil price is down 12% to US$96.19 a barrel. This has been driven by the signing of a ceasefire agreement between the US and Iran.

Dividend payday

Today is payday for shareholders of a number of ASX 200 shares. This includes CSL, Capricorn Metals Ltd (ASX: CMM), Qube Holdings Ltd (ASX: QUB), Brambles Ltd (ASX: BXB), SGH Ltd (ASX: SGH), Atlas Arteria Group (ASX: ALX), and NRW Holdings Limited (ASX: NWH). CSL will be rewarding its shareholders with a $1.81 per share dividend later today.

Gold price lifts

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good session on Thursday after the gold price pushed higher overnight. According to CNBC, the gold futures price is up 1.3% to US$4,748.1 an ounce. Traders appear to believe that falling oil prices could limit interest rate hikes, which would be good news for the precious metal.

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

Ramelius Resources Ltd (ASX: RMS) shares are tracking the benchmark gains, up 1.6% at time of writing at $3.74 apiece.

Capricorn Metals Ltd (ASX: CMM) shares are enjoying an even stronger run, up 4.9% at $11.48 each.

This follows the release of preliminary March quarterly updates from both Aussie gold miners.

Here's what we know.

Ramelius Resources shares lift on guidance outlook

Starting with Ramelius, the ASX 200 gold stock is marching higher after releasing its preliminary March quarter production update.

The miner reported gold production of 38,093 ounces for the three months, down more than 52% from the 80,455 ounces produced in the prior corresponding quarter.

Ramelius said the big decline in the quarterly production was caused in part by heavy rainfall from Cyclone Narelle. On the positive side, this has left the miner with significant high-grade mine stockpiles at the end of the quarter.

Management also said that operations have not been impacted to date by diesel supply chain disruptions.

And despite the March decline, the ASX 200 gold stock said it remains on track to achieve the midpoint of its full year FY 2026 production guidance of 185,000 to 205,000 ounces of gold, forecasting a strong June quarter.

As at 31 March, Ramelius Resources had a cash and gold balance of $606.5 million.

Commenting on the results, Ramelius Resources managing director Mark Zeptner said:

Ramelius remains committed to maintaining and growing shareholder returns. With $110 million in share buybacks during the quarter, we are executing on another element of our plan to deliver value to shareholders.

ASX 200 gold stock lifts on another strong quarter

Turning to Capricorn Metals, investors are bidding up the gold miner after the company reported producing 30,358 ounces of gold in the March quarter from its Karlawinda Gold Project (KGP). That's broadly in line with the 30,599 ounces of gold produced in the prior corresponding quarter.

Management said that KGP has now produced 93,152 ounces of gold over the first three quarters of FY 2026. This positions the ASX 200 gold stock to achieve the upper end of its full year production guidance of 115,000 ounces to 125,000 ounces of gold.

Capricorn Metals expects to produce that gold at an all-in sustaining cost (AISC) of $1,530 to $1,630 per ounce.

Capricorn said it is also not currently impacted by any diesel fuel supply issues. But the miner noted that this remains a material risk across the Australian mining industry.

At the end of the quarter, the miner had a cash and gold balance of $507.6 million.

The post 2 ASX 200 gold stocks jumping higher on major updates today appeared first on The Motley Fool Australia.

What did Capricorn Metals report?

• Gold production at Karlawinda reached 30,358 ounces for the March 2026 quarter, bringing year-to-date production to 93,152 ounces.
• On track to hit the upper end of FY26 guidance of 115,000–125,000 ounces at an AISC of $1,530–$1,630 per ounce.
• Recovery rates for the quarter were 91.0%, slightly up on previous quarters.
• Cash and gold on hand increased to $507.6 million, compared to $457.4 million at the end of December 2025.
• Quarterly capital expenditure totalled $50.0 million, with $47.3 million at Karlawinda Expansion Project and $2.7 million at Mt Gibson Gold Project.

What else do investors need to know?

Development at the Karlawinda Expansion Project (KEP) is progressing well, with over 90% of plant site concrete works finished and key infrastructure pieces like the ball mill delivered ahead of schedule. Mining activities are meeting both gold production targets and requirements for expansion, with first ore delivered to ROM 2 during the quarter.

Capricorn's strategy includes early capital spend at Mt Gibson Gold Project (MGGP), positioning the company for an accelerated construction start once permits are in place. The company is actively managing industry-wide risks, such as diesel supply, though it is not currently affected.

What's next for Capricorn Metals?

Capricorn expects to reach the upper end of its gold production guidance for FY26 as sustained run rates continue. Full operational and cost figures will be released in the Quarterly Report later in April 2026.

Both the Karlawinda and Mt Gibson projects remain a key focus, with further construction and development milestones expected over the coming quarters. Studies, permitting, and tendering processes are underway to ready these projects for future production growth.

Capricorn Metals share price snapshot

Over the past 12 months, Capricorn Metals shares have risen 35%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 19% over the same period.

View Original Announcement

The post Capricorn Metals delivers solid Q3 FY26 gold production and growth update appeared first on The Motley Fool Australia.

The broker highlights that the Bell Potter Australian Equity Core Portfolio aims to highlight attractive investment opportunities within the Australian share market.

It has a focus on paying the right price for high-quality ASX shares that can deliver long-term growth.

Let's see which ASX 200 shares are among its biggest holdings in the portfolio.

Which ASX 200 shares feature in the core portfolio?

Bell Potter's top five holdings in its core portfolio (in order) are ANZ Group Holdings Ltd (ASX: ANZ), WiseTech Global Ltd (ASX: WTC), News Corporation (ASX: NWS), Netwealth Group Ltd (ASX: NWL), and Capricorn Metals Ltd (ASX: CMM).

Commenting on its largest holding, ANZ, the broker said:

ANZ is our key pick amongst the banks and rises to 7.5% from 5.0%. CBA (6.0%), NAB (3.0%) and WBC (3.0%) remain underweight relative to index, but the aggregate bank exposure is now higher than it was. We are not calling for a wholesale rotation into banks, but we are recognising that in a firmer rate backdrop the earnings path is supported by higher-for-longer rates deserve more capital than we were giving them.

While the earnings backdrop is more positive, it still does not justify the valuations across the majors and this drives our underweight call. […] ANZ offers the best value in the majors, with cost control and a strong capital position.

The broker also revealed that it is sticking with WiseTech Global despite the selloff caused by AI disruption concerns. Bell Potter believes it is an adapter to AI and will not be displaced. It said:

We remain actively exposed to stocks we think will continue to do well, but we are reducing static weights as the AI trade has driven the benchmark weighting of these companies lower, and AI fears will continue to cap valuation multiples in the short-term.

The stocks we hold are (relative to other tech peers) defensible, have embedded workflows, proprietary data or measurable productivity benefits supporting the earnings path. We keep WiseTech at a lower weight of 3.5% from 4.5% (remains one of our key active positions in the portfolio), reflecting that while valuation and market sensitivity matter, the company remains on the right side of the adapter versus displaced divide.

The post Bell Potter's top ASX 200 holdings revealed 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 fall again

The Australian share market looks set for a disappointing start to the week following declines on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 61 points or 0.7% lower. In the United States, the Dow Jones was down 0.25%, the S&P 500 dropped 0.6%, and the Nasdaq tumbled 0.9%.

Oil prices rise

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 charged higher on Friday night. According to Bloomberg, the WTI crude oil price was up 3.1% to US$98.71 a barrel and the Brent crude oil price was up 2.7% to US$103.14 a barrel. This was despite US efforts to reduce prices.

ASX 200 shares going ex-div

A number of ASX 200 shares are going ex-dividend this morning and could trade lower. This includes Capricorn Metals Ltd (ASX: CMM), Chorus Ltd (ASX: CNU), Hub24 Ltd (ASX: HUB), Kingsgate Consolidated Ltd (ASX: KCN), and Ramelius Resources Ltd (ASX: RMS). Hub24 is rewarding shareholders with a 36 cents per share fully franked dividend next month on 21 April.

Gold price falls

ASX 200 gold shares such as Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a poor start to the week after the gold price tumbled on Friday night. According to CNBC, the gold futures price was down 2% to US$5,023.1 an ounce. This was the second week in a row of weekly declines in response to inflation and rate hike concerns.

Buy Cochlear shares

The team at Wilsons thinks investors should be buying Cochlear Ltd (ASX: COH) shares. It highlights that the hearing solution company's shares are trading at a material discount to long-term multiples. The broker said: "Cochlear trades on a forward P/E multiple of ~26x, representing a >10 year low and a material discount to its 10-year average of ~42x. We view this as a compelling entry point for a high-quality business ahead of accelerating earnings growth."

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

In order to receive a dividend, you must own the ASX share before its ex-dividend date.

As we've reported, some of the biggest dividend increases among ASX mining shares this season came from the gold miners.

Next week, two of them go ex-dividend.

Ramelius Resources Ltd (ASX: RMS) shares will pay a fully-franked interim dividend of 3 cents per share on 15 April.

This exceeds the company's commitment to pay a minimum annual dividend of 2 cents per share for FY26.

Ramelius Resources reported a 13% increase in EBITDA to $347.7 million but a 6% fall in net profit after tax (NPAT) to $160 million.

The ASX gold share goes ex-dividend on Monday.

Capricorn Metals Ltd (ASX: CMM) shares will pay a maiden fully franked interim dividend of 5 cents per share.

The gold miner reported a 130% jump in underlying NPAT to $144.8 million for 1H FY26.

The ASX gold share also goes ex-dividend on Monday.

Here is a sample of the other ASX All Ords shares with ex-dividend dates next week.

ASX shares about to go ex-dividend

The post 26 ASX shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

In fact, some of them downright turbocharged them by up to 200%!

The dividend splurge follows a boom in commodity prices over the first six months of FY26.

The biggest dividend increases, in percentage terms, came from the ASX 200 gold shares.

Let's check them out.

ASX 200 gold shares splash the dividend cash

One of the stand-out stocks for boosted dividends was Regis Resources Ltd (ASX: RRL), which tripled its interim payment this year.

Regis Resources shares will pay a fully franked 15-cent per share dividend, up 200% from the 5-cent dividend for 1H FY25.

The miner reported a record net profit after tax (NPAT) of $323 million, up 73% year-over-year, for 1H FY26.

Regis Resources CEO Jim Beyer said:

Looking to the remainder of the financial year, we remain on track to deliver in line with guidance and in the prevailing gold price environment, we expect to see another period of significant cash generation and profitability.

Regis Resources shares go ex-dividend next Thursday, 12 March.

Evolution Mining Ltd (ASX: EVN) was another stand-out dividend raiser.

Evolution upped its dividend by 186% to a record 20 cents per share, fully franked.

This was enabled by a 110% NPAT lift to $766.6 million for 1H FY26.

Evolution Managing Director, Lawrie Conway, said:

Our record dividend of 20 cents per share meets our commitment to reward shareholders in the current high metal price environment.

With a clear pipeline of high-return projects now advancing, we're positioned for strong, sustainable growth while continuing to return capital to shareholders.

Evolution shares go ex-dividend tomorrow.

Another ASX 200 gold mining share, Perseus Mining Ltd (ASX: PRU), will pay a doubled interim dividend to shareholders.

The miner will pay an unfranked interim dividend of 5 cents per share, up from 2.5 cents per share for 1H FY25.

This is despite reporting just a 5% lift in revenue to US$608.5 million and a 7.8% fall in NPAT to $185.5 million for 1H FY26.

Perseus Mining CEO Craig Jones said:

Our strong operational results along with our low operating cost, produced robust cash flows further strengthening our superior balance sheet, enabling a 100% increase in our interim dividend to AUD 5.0 cents per share.

Perseus Mining shares go ex-dividend on Thursday.

The rivers of gold continue…

Ramelius Resources Ltd (ASX: RMS) shares will pay a fully-franked interim dividend of 3 cents per share on 15 April.

This exceeds the company's commitment to a minimum annual dividend of 2 cents per share for FY26.

Ramelius Resources reported a 13% increase in EBITDA to $347.7 million but a 6% decline in NPAT to $160 million.

The ASX gold share goes ex-dividend on 16 March.

Capricorn Metals Ltd (ASX: CMM) shares will pay a maiden fully franked interim dividend of 5 cents per share.

The gold miner reported a 130% jump in underlying NPAT to $144.8 million for 1H FY26.

The ASX 200 gold share goes ex-dividend on Monday, 16 March.

What about other ASX 200 mining shares?

BHP Group Ltd (ASX: BHP) shares will pay an interim dividend of $1.03 per share, up 46% on 1H FY25, with full franking credits.

The 'Big Australian' revealed a 28% profit increase to US$5.64 billion for 1H FY26.

BHP shares will go ex-dividend on Thursday.

Fortescue Ltd (ASX: FMG) shares will pay a fully franked interim dividend of 62 cents per share, up 24% on 1H FY25, on 30 March.

Fortescue reported a 23% NPAT increase to US$1.9 billion for 1H FY26.

The ASX 200 iron ore mining share went ex-dividend today.

South32 Ltd (ASX: S32) raised its interim dividend by 15% to 3.9 US cents per share, fully franked.

The miner reported a 29% lift in profit attributable to members to US$464 million for 1H FY26.

The ASX 200 diversified mining share goes ex-dividend on Thursday.

Ex-dividend dates this week

Check out other ASX 200 mining shares that have ex-dividend dates this week.

The post Which ASX 200 mining shares raised their dividends this earnings season? appeared first on The Motley Fool Australia.

As it happens, the ASX 200 closed the week right on its new record high of 9,198.6 points after a bouncy day that saw stints in both red and green territory. That was a gain worth 0.25% for the index.

This happy end to the Australian trading week on the ASX comes after a decidedly less sunny morning over on the American markets.

The Dow Jones Industrial Average Index (DJX: .DJI) managed to squeak a rise, but only just, inching 0.034% higher.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was far more decisive, but not in a good way, falling 1.18%.

But let's get back to the happier market now, though, and take a deeper look at what the various ASX sectors were up to this session.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Two S&P/ASX 300 Index (ASX: XKO) shares that received fresh guidance from Bell Potter yesterday were Capricorn Metals Ltd (ASX: CMM) and Elders Ltd (ASX: ELD). 

Both saw solid share price increases on Thursday for different reasons. 

Capricorn Metals released HY results, while Elders made headlines by announcing the sale of a key part of its business. 

Here's what the companies released. 

Capricorn Metals delivers record profit

Capricorn Metals is a gold production company based in Perth, Western Australia. 

Investors reacted positively to half-year results from Capricorn Metals that included:

• Sales revenue up 64% to $350.1 million from the sale of 59,816 ounces of gold at an average price of $5,842 per ounce
• Underlying net profit after tax up 130% to $144.8 million
• Underlying EBITDA rose 101% to $215.3 million with a 62% margin
• Maiden fully-franked interim dividend of 5 cents per share ($22.8 million) declared.

Following yesterday's 1.45% gain, its share price is now up 77.6% over the last 12 months.  

What did Bell Potter have to say?

Following the results, the team at Bell Potter said it was an excellent result that reflects operational performance, with the company tracking to the top end of guidance and maintaining its track record of delivery. 

It increased earnings per share by: FY26: +3%; FY27: +4%; and FY28: +25%. 

CMM is a sector leading gold producer, unhedged and debt free. It is fully funded to grow production from ~115kozpa to ~300kozpa, potentially from 2HCY27, from two gold mines in WA, each with +10 year mine lives.

CMM is run by a management team that has an excellent track record of delivery.

As a result, the broker increased its price target on these ASX shares to $16.10 (previously $14.30). 

From yesterday's closing price of $14, this indicates a potential upside of 15%. 

The broker also retained its buy recommendation. 

Elders shares downgraded

Elders is an agribusiness that provides goods and services to Australian primary producers.

Yesterday, the company announced it has agreed to sell its Killara Feedlot business to Australian Meat Group for approximately $195.8 million. 

Following the announcement, Bell Potter released updated guidance on the company. 

NPAT changes are -14% in FY26e, -9% in FY27e and -8% in FY28e incorporating the above and higher base interest rates. Our target price is now $9.00/sh (prev. $9.45/sh) reflecting earnings changes mitigated in part by higher Killara proceeds.

From yesterday's closing price of $7.40, the broker still sees 21% upside for these ASX shares. 

The broker maintained its buy recommendation. 

Our Buy rating is unchanged. We see encouraging signs for FY26e, with livestock turnoff values exhibiting double digit YoY growth through 1H26TD, mitigated in part by dryer conditions through most of the summer cropping window and an easing in input price tailwinds.

The post Bell Potter just updated its guidance on these ASX 300 shares appeared first on The Motley Fool Australia.

What did Capricorn Metals report?

• Sales revenue up 64% to $350.1 million from the sale of 59,816 ounces of gold at an average price of $5,842 per ounce
• Underlying net profit after tax up 130% to $144.8 million
• Underlying EBITDA rose 101% to $215.3 million with a 62% margin
• Cash flow from operating activities up 141% to $204.5 million
• Net cash position increased to $440.8 million
• Maiden fully franked interim dividend of 5 cents per share ($22.8 million) declared

What else do investors need to know?

Capricorn Metals delivered a strong operational result at its Karlawinda Gold Project (KGP), producing 62,794 ounces at an all-in sustaining cost (AISC) of $1,627 per ounce. The company is on track to achieve the upper end of its full-year guidance of 115,000 to 125,000 ounces at an AISC of $1,530–$1,630 per ounce.

During the half, Capricorn advanced growth at the Karlawinda Expansion Project, investing $44.5 million, and progressed exploration and feasibility work at the Mt Gibson Gold Project. The group also completed the acquisition of Warriedar Resources, adding potential new resources in the Golden Range and Fields Find regions.

What did Capricorn Metals management say?

Capricorn Executive Chairman Mark Clark said:

Capricorn delivered another strong half year of operations at Karlawinda, generating record cash flow from operations of $204.5 million and record underlying EBITDA of $215.3 million. This performance continued to bolster the balance sheet, with the net cash position increasing to $440.8 million. Underpinned by this financial strength and the consistently strong operating cashflow of the KGP, the board has declared a maiden fully franked dividend. This dividend is a milestone for Capricorn and reflects the Company's focus on delivering shareholder returns whilst we pursue our industry leading growth projects.

What's next for Capricorn Metals?

Looking ahead, Capricorn is fully funded to advance both the Karlawinda Expansion and Mt Gibson developments while maintaining a strong net cash position. The Karlawinda expansion is expected to enter commissioning in the first quarter of FY27, which could lift gold production to around 150,000 ounces per year.

At Mt Gibson, the company is finalising permitting and continuing resource definition drilling, which could unlock further underground mining opportunities. Capricorn says it remains committed to building on its multi-mine, mid-tier Australian gold producer ambitions.

Capricorn Metals share price snapshot

Over the past 12 months, Capricorn Metals shares have risen 80%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

View Original Announcement

The post Capricorn Metals declares maiden dividend and record profit appeared first on The Motley Fool Australia.

After a strong start at market open, the ASX 200 fell into negative territory mid-morning and never recovered, closing down a hefty 0.61%. That leaves the index at a flat 9,026 points.

This painful start to the trading week for the Australian markets comes after a far rosier end to the American trading week on Saturday morning (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) was in fine form, cruising 0.47% higher.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did one better, gaining 0.9%.

But let's get back to this week and the local markets now, though, for a deeper dive into what was happening amongst the various ASX sectors this session.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Meantime, brokers have identified some stocks that they think are good buys for the year ahead.

Let's check them out.

8 ASX All Ords shares with strong buy consensus ratings

The following stocks have been recently upgraded to 'strong buy' consensus ratings among analysts on the CommSec platform.

A consensus rating is the average rating based on a number of analysts' opinions.

Zip Co Ltd (ASX: ZIP)

The Zip share price is $2.50, down 0.4% on Tuesday.

This ASX All Ords financial share is up 2% over the past 12 months.

UBS is among the brokers recommending investors buy Zip shares.

The broker has a 12-month share price target of $5.20 on the buy now, pay later (BNPL) provider.

Citi also has a buy rating with a much lower target of $4.30.

Zip will report its earnings on Thursday.

Xero Ltd (ASX: XRO)

The Xero share price is at a three-year low of $77, down 2.7% today as the global tech downturn continues.

The ASX All Ords tech share has halved in value over the past six months.

In February, several brokers have reiterated their buy ratings but with vastly different 12-month price targets.

Jefferies has a target of $82.70 and Citi is tipping $144.80 per share.

WiseTech Global Ltd (ASX: WTC)

The Wisetech share price is also at a three-year low of $45.49, down 5.6% on Tuesday.

Wisetech shares have lost 63% of their value over the past year.

This month, Jefferies reiterated its buy rating with a 12-month price target of $65.

Citi is far more ambitious with a target of $109.15.

Wisetech will release its 1H FY26 results next Wednesday.

Westgold Resources Ltd (ASX: WGX)

The Westgold Resources share price is currently $7.20, down 0.8%.

The ASX All Ords gold share is up 193% over the past 12 months.

Macquarie is among the brokers with a buy rating on Westgold shares. Its 12-month target is $9.90.

Ord Minnett also has a buy recommendation with a target of $8.65.

Some experts believe the gold price could rise above US$7,000 per ounce this year.

Capricorn Metals Ltd (ASX: CMM)

This ASX All Ords gold share is $13.32 apiece on Tuesday, down 0.9%.

Capricorn Metals shares have soared 68% over the past 12 months.

This month, Macquarie upgraded its rating to buy and lifted its price target from $15.20 to $16.20.

AGL Energy Ltd (ASX: AGL)

The AGL share price is $10.43, down 0.6% today and down 2.7% over the past 12 months.

Last week, AGL reported an underlying profit of $353 million for 1H FY26, down 6% on 1H FY25.

The energy retailer announced a fully franked interim dividend of 24 cents per share.

Citi has a buy rating on the ASX All Ords utilities share with a price target of $11.80. 

RBC Capital also has a buy recommendation with a target of $11.50.

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix Pharmaceuticals share price is $8.33, down 3.5% on Tuesday.

The ASX All Ords healthcare share is down 70% over the past 12 months.

Citi just reiterated its buy rating on Telix with a price target of $34.

TD Cowen also has a buy rating but lowered its price target from $25 to $20.

WA1 Resources Ltd (ASX: WA1)

This ASX All Ords copper share is $15.62 apiece, down 2% today and up 18% over the past 12 months.

Copper is in high demand due to the green energy transition and rising debasement trade amid geopolitical and trade uncertainties.

The red metal is essential for electrification and a key input in new infrastructure like wind turbines and data centres.

This month, Canaccord Genuity reiterated its buy rating and lifted its 12-month price target from $28 to $32.

The post 8 ASX All Ords shares just upgraded to strong buy status appeared first on The Motley Fool Australia.

The good news is that even among investor uncertainty, some ASX 200 stocks are still catching analyst attention.

Here are four ASX 200 stocks which are tipped to climb another 70% to 80%, or higher, this year.

Iperionx Ltd (ASX: IPX)

Titanium metal and critical materials company, Iperonix, was one of the ASX 200's best-performers in January. The company recently revealed that it has received a prototype purchase order valued at US$300,000 from American Rheinmetall. Iperonix also recently confirmed plans to ramp up production with the goal of becoming America's largest and lowest-cost titanium powder producer. Analysts are bullish on the company's shares and have a strong buy consensus rating for Iperionix. The maximum target price is $11.03, which implies a potential 83.76% upside at the time of writing.

ARB Corp Ltd (ASX: ARB)

ARB shares came under heavy pressure late last month after the 4WD accessories giant released its half-year trading update. The company's unaudited sales revenue slumped 1% on the prior period, and aftermarket sales dropped 1.7%. But it looks like the shares are now trading below fair value, and analysts are optimistic that we'll see a turnaround this year. The maximum target price is $42.25, which implies that the shares could increase 73.44% this year, from the share price at the time of writing.

Capricorn Metals Ltd (ASX: CMM)

Capricorn Metals posted record cash flow and production for the second quarter of FY26. The ASX 200 gold mining stock also benefited from support from the latest gold price rally. The company has some expansion plans in the pipeline too, meaning it's well-placed to capture an uptick in gold demand this year. Analysts are bullish on its shares. The maximum target price is $24, which implies a potential 81.75% upside at the time of writing.

Generation Development Group Ltd (ASX: GDG)

GDG posted consistently strong financial performance and earnings growth in 2025. Both return on equity and earnings growth have outpaced the industry average over the past year. Last month, the company posted record earnings and inflows for the December quarter, and it looks like the strong run of financial results will continue into 2026, too. Analysts are very bullish on the ASX 200 financial stock and tip an upside as high as 84.72% for the shares this year, to $8.46 a piece.

The post These 4 ASX 200 stocks could jump another 70% to 80% in 2026 appeared first on The Motley Fool Australia.

What did Capricorn Metals report?

• Gold production of 30,476 ounces for Q2 FY26, with a year-to-date total of 62,794 ounces.
• All-in sustaining cost (AISC) sustained at $1,627 per ounce for the quarter, in line with FY26 guidance of $1,530 to $1,630 per ounce.
• Record quarterly operating cash flow of $122.4 million, up from $106.9 million in Q1.
• Gold sales of 31,652 ounces achieved at an average price of $6,333 per ounce, generating $200.5 million in revenue.
• Cash and gold on hand rose to $457.4 million, including balances from the recent Warriedar Resources acquisition.
• Group Mineral Resource Estimate increased to 8.1 million ounces of gold.

What else do investors need to know?

Capricorn Metals successfully completed its acquisition of Warriedar Resources Limited during the quarter, consolidating a 788km² tenure package and bringing new projects like Golden Range and Fields Find into the fold. This transaction supports continued growth in resources and exploration potential across the portfolio.

On the development front, key approvals have been secured for the Karlawinda Expansion Project, with site works tracking to schedule and major infrastructure now in advanced stages. The Mt Gibson Gold Project also progressed, with environmental assessments underway and significant drilling results achieved, pointing to growth in both open-pit and underground resources.

What did Capricorn Metals management say?

Executive Chairman Mark Clark said:

Strong operational performance and prudent financial management have positioned Capricorn well to achieve the upper end of gold production guidance while supporting growth through our expansion projects.

What's next for Capricorn Metals?

The company remains on track for the upper end of its FY26 gold production guidance, supported by consistent operational performance at Karlawinda. The parallel expansion project will boost processing capacity to 6.5 million tonnes per year, targeting annual production of around 150,000 ounces when commissioned.

Looking ahead, Capricorn will continue advancing expansion works and exploration activities across its key projects, aiming to unlock further value as new approvals, construction milestones, and exploration results are delivered into FY27.

Capricorn Metals share price snapshot

Over the past 12 months, Capricorn Metals shares have risen 114%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

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The post Capricorn Metals reports record Q2 cash flow and resource growth appeared first on The Motley Fool Australia.

The gold price is up 0.5% to US$4,958 per ounce, a new record, at the time of writing.

ASX gold shares and ASX gold ETFs are going nuts on Friday.

Get this: the S&P/ASX All Ords Gold Index (ASX: XGD) soared 1,322 points higher to a record 21,612.2 points this morning.

That equates to a staggering 6.5% gain in one day. By comparison, the S&P/ASX All Ordinaries Index (ASX: XAO) is up 0.34%.

The screaming gold price continues to defy expectations.

Just three months ago, top broker Goldman Sachs predicted that gold would rise to US$4,900 per ounce by the end of 2026.

Well, that happened today, and it's only January.

The broker conducted a poll of institutional investors in November and found one in three expect gold to go above US$5,000 per ounce.

That seems increasingly likely.

The gold price is up by just under 15% in the year to date.

The market pushed the yellow metal 7% higher this past week alone after US President Donald Trump slapped a new 10% tariff on goods from eight European nations to punish their opposition to his aspirations to buy Greenland.

The gold price rocketed 65% in 2025, following a 27% gain in 2024, largely due to central banks diversifying away from the US dollar.

Let's see what ASX gold shares and ETFs are doing today.

Hold on to your hats… this is going to be fun.

ASX gold shares soar as gold price hits new record

Let's focus on the large-cap ASX gold shares first.

The Northern Star Resources Ltd (ASX: NST) share price is up 6.23% to $27.81.

Northern Star shares dropped 8.1% yesterday after the miner disappointed the market with its December quarter report.

Northern Star's report, significant because it's the largest gold miner by market cap on the ASX, combined with news of lower unemployment in Australia, which raised the prospects of an interest rate hike this year, weighed on gold shares and ETFs yesterday.

The Evolution Mining Ltd (ASX: EVN) share price is up 6.59% to $15.04.

Newmont Corporation CDI (ASX: NEM) shares are up 4.64% to $179.90 apiece.

Among the mid-cap ASX gold shares, Ramelius Resources Ltd (ASX: RMS) shares are up 8.3% to $4.96.

The Greatland Resources Ltd (ASX: GGP) share price is up 9.81% to $14.22.

The Genesis Minerals Ltd (ASX: GMD) share price is $8.06, up 8.04%.

Perseus Mining Ltd (ASX: PRU) shares are up 6.6% to $6.46 apiece.

Westgold Resources Ltd (ASX: WGX) shares are up 6.67% to $7.76.

The Capricorn Metals Ltd (ASX: CMM) share price is up 4% to $15.47.

Vault Minerals Ltd (ASX: VAU) shares are up 4.76% to $5.94 apiece.

Regis Resources Ltd (ASX: RRL) shares are up 8.64% to $8.24.

How about ASX small-cap gold shares?

Among the small-cap ASX gold shares, Resolute Mining Ltd (ASX: RSG) shares are up 8.14% to $1.40.

The Pantoro Gold Ltd (ASX: PNR) share price is 5.83% higher at $5.45.

Meeka Metals Ltd (ASX: MEK) shares are up 3.57% to 29 cents.

Kingsgate Consolidated Ltd (ASX: KCN) shares are up 2.48% to $7.03 apiece.

The Golden Horse Minerals Ltd CDI (ASX: GHM) share price is 0.64% higher at 79 cents.

Black Cat Syndicate Ltd (ASX: BC8) shares are up 5.24% to $1.56.

(By the way, Warwick Grigor, an analyst at Far East Capital, offered some advice on how to select small-cap gold stocks to buy this week.)

What about ASX gold ETFs?

The Betashares Global Gold Miners Currency Hedged ETF (ASX: MNRS) streaked 4.87% to a record $18.94 per unit today.

MNRS was the best performer among the 423 ETFs on the Australian share market last year.

The VanEck Gold Miners AUD ETF (ASX: GDX) is up 4.54% to $157.45.

Perth Mint Gold (ASX: PMGOLD) is up 2.29% to $71.92 per unit.

Global X Physical Gold (ASX: GOLD) is up 2.63% to $66.27 per unit.

VanEck Australian Resources ETF (ASX: MVR), the No. 1 performer among ETFs holding ASX shares in 2025, is up 1.22% to $47.41.

The post ASX gold shares go crazy as gold price rips toward US$5,000 on Friday appeared first on The Motley Fool Australia.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

The company released a production report for the second quarter on Wednesday, which said that its Karlawinda Gold Project had delivered another strong quarter, producing 30,476 ounces of gold.

The company said this brought production for the year to date to 62,794 ounces of gold, and the company was "on track to achieve the upper end of FY26 guidance of 115,000-125,000 ounces at an all in sustaining cost of $1530-$1630 per ounce''.

This compares with the current gold price of $6683 per ounce.

Project to expand

Expansion works at Karlawinda in central Western Australia are ongoing, with the company aiming to spend $120 million overall. The expansion project is expected to be completed by the first quarter of 2027.

The company's website said that based on current reserves, the expanded operation has a projected mine life approaching 10 years.

The company said further:

 With an extensive tenement package spanning over 4,000 square kilometres, the Company remains confident further reserve growth through ongoing exploration.

Capricorn said in its release on Wednesday that expansion works were progressing well.

Continued achievement of the post-expansion mining run rate allowed Capricorn to deliver both strong quarterly gold production and also the development requirements of the Karlawinda Expansion Project. The mining fleet achieved the planned poit face positions to achieve budget gold production while also delivering the required pre-stripping and infrastructure materials for the expansion project. Mining production rates have continued at the expanded project run rate for the Karlawinda Expansion Project for the last three quarters.

Capricorn said it had cash and bullion worth $444.2 million at the end of the quarter, up from $394.4 million at the end of the September quarter.

The company said it had also spent $2.9 million on development activities at its Mount Gibson gold project, also in WA, where it currently has a gold resource of 684,000 ounces of gold.

That spending was "mainly focused on finalising detailed design, early procurement activities and contract preparations''.

The company added:

This early spend of part of the MGGP capital budget is a strategic decision to compress the ultimate construction timeline.

Capricorn shares were 2.5% higher in early trade at $14.93.

The company was valued at $6.64 billion at the close of trade on Tuesday.

The post This ASX 100 gold stock says it is on track to hit the upper end of production guidance appeared first on The Motley Fool Australia.

What did Capricorn Metals report?

• Gold production: 30,476 ounces in Q2 FY26 (YTD: 62,794 ounces)
• On track for upper end of FY26 production guidance of 115,000–125,000 ounces
• All-in sustaining cost (AISC) guidance: $1,530–$1,630 per ounce
• Cash and gold on hand: $444.2 million at 31 December 2025 (up from $394.4m in September)
• Quarterly cash build: $88.8 million before $39.0 million in capex
• Capital spend: $36.1 million at KEP; $2.9 million at Mt Gibson Gold Project

What else do investors need to know?

The Karlawinda Expansion Project remains on schedule, with key construction milestones met, including major concrete works and over 70% of the plant site concrete poured. Structural, mechanical and piping contractors are now on-site, and several major equipment deliveries have been made, with the ball mill still to arrive early in the next quarter.

At the Mt Gibson Gold Project, Capricorn has advanced process plant design to 98% completion and begun early works with preferred mining contractor MACA. The company also submitted the final Public Environment Report for regulatory review and is progressing through state and federal approval processes.

What's next for Capricorn Metals?

Capricorn Metals is aiming to hit the upper end of its FY26 production guidance as Karlawinda delivers steady operational results and expansion works progress. Management expects commissioning of new processing facilities to begin in Q1 FY27, supported by steady cash generation and continued project advancement at both Karlawinda and Mt Gibson.

Detailed operational and cost results, as well as further updates on project milestones, are due in the company's full quarterly report later in January.

Capricorn Metals share price snapshot

Over the past 12 months, Capricorn Metals shares have risen 124%, significantly outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

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The post Capricorn Metals hits key Q2 production targets and advances expansion projects 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:

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is down 6% to 52 cents. This may have been driven by the copper miner's recent capital raising. Last week, Aeris revealed that it received total applications in excess of $21.6 million for its $10 million share purchase plan. It decided to increase the offer and accept all valid applications. This means that approximately 48 million new shares were issued to shareholders this morning at 45 cents per new share. It looks like some investors have decided to cash in their new shares for a quick profit.

Capricorn Metals Ltd (ASX: CMM)

The Capricorn Metals share price is down 3% to $14.35. This is despite the gold miner announcing an acquisition this morning. It has signed a binding agreement with Tempest Minerals Ltd (ASX: TEM) to acquire the prospective Yalgoo Project tenement package. It notes that the Yalgoo Project covers approximately 1,000 square kilometres of tenure located contiguous to Capricorn's Golden Range and Fields Find tenure. It is considered highly prospective for gold mineralisation, featuring multiple settings conducive to hosting economic gold deposits.

Paradigm Biopharmaceuticals Ltd (ASX: PAR)

The Paradigm Biopharmaceuticals share price is down 1.5% to 31.5 cents. Investors have been selling the late-stage drug development company's shares despite it releasing an update on its Phase 3 PARA_OA_012 clinical trial in knee osteoarthritis. Paradigm revealed that it has achieved 25% of its recruitment milestone for the trial. However, some participants will not commence dosing until the new year due to temporary shutdowns. Nevertheless, management notes that "the interim analysis remains on track for mid-calendar year 2026, with primary endpoint analysis for the full cohort expected in Q4 CY2026."

Silver Mines Ltd (ASX: SVL)

The Silver Mines share price is down 23% to 17.7 cents. This has been driven by the release of an update on its Bowdens Silver Project. Back in 2024, the NSW Court of Appeal voided the project's approval and it appears to be struggling to have that overturned. Silver Mines' managing director, Jo Battershill, said: "Since the Court Decision in August 2024, the Company has remained strongly focused on advancing the redetermination of the Bowdens Project Development Application. […] The result of this has been for the Company to agree to refreshing its ecological surveys and prepare an updated biodiversity assessment in accordance with the Biodiversity Conservation Act. While this approach extends the overall assessment timeframe, we believe it positions the Bowdens Project on a stronger footing for a successful and robust redetermination."

The post Why Aeris Resources, Capricorn Metals, Paradigm, and Silver Mines shares are sinking today appeared first on The Motley Fool Australia.