Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:

Bendigo and Adelaide Bank Ltd (ASX: BEN)

The Bendigo and Adelaide Bank share price is up 8% to $11.33. This morning, the regional bank revealed the second phase of the Productivity Program to accelerate its progress towards its 2030 strategy. This includes a seven-year technology service partnership with Infosys (NYSE: INFY), which will significantly improve its IT service delivery capability and provide access to enhanced capabilities, software engineering, and AI talent to deliver greater capacity to innovate. These changes are expected to result in an annual run rate expense benefit of approximately $65 million to $75 million, which will be realised by FY 2028. In addition, it released a trading update which revealed unaudited cash earnings of $137.9 million during the third quarter. This is up 7.6% on the quarterly average during the first half.

EBR Systems Inc (ASX: EBR)

The EBR Systems share price is up 7% to 70.5 cents. This follows the release of a first-quarter update from the medical device company this morning. EBR advised that it expects to report revenue in the range of US$2.25 million to US$2.36 million for the first quarter of 2026. The company's CEO, John McCutcheon, said: "In Q1 2026, we made impressive progress across both our commercial and clinical programs. Case volumes increased strongly during the quarter, reflecting growing physician experience, expanding site readiness and the steady execution of our Limited Market Release."

Strickland Metals Ltd (ASX: STK)

The Strickland Metals share price is up 9% to 23.5 cents. This has been driven by the release of positive assay results from diamond drilling at the Obradov Potok prospect in the Rogozna Project, Serbia. Strickland Metals' managing director, Paul L'Herpiniere, commented: "Following recent discoveries at Red Creek and Kotlovi, these results continue to highlight the scale and endowment of the broader Rogozna system. We are looking forward to undertaking follow-up drilling as part of the 2026 field season targeting the interpreted core of the system at Obradov Potok, where we see a compelling opportunity to make a major new discovery."

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is up 4% to $33.27. This is despite there being no news out of the energy giant on Thursday. However, it is possible that investors believe Woodside shares were oversold yesterday after oil prices sank in response to the reopening of the Strait of Hormuz.

The post Why Bendigo Bank, EBR Systems, Strickland, and Woodside shares are rising today appeared first on The Motley Fool Australia.

The outperforming stock in question is Strickland Metals Ltd (ASX: STK), which is primarily focused on its Rogozna Gold and Base Metals Project, located in Serbia.

Strickland Metals shares closed yesterday trading for 21.5 cents. In early morning trade on Thursday, shares are changing hands for 23 cents apiece, up 7%.

This sees the Strickland Metals share price up a sizzling 187.5% since this time last year, smashing the 20.6% one-year returns delivered by the benchmark index.

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

ASX All Ords mining stock lifts on drill results

Strickland Metals shares are lifting off after the miner reported on the latest batch of positive assay results. The results stem from the diamond drilling campaign at the Obradov Potok prospect, situated within Strickland's Rogozna Project.

The ASX All Ords mining stock said the drilling has confirmed the presence of carbonate-replacement lead (Pb), Zinc (Zn), and Silver (Ag) mineralisation at Obradov Potok. Importantly, these results were intercepted along an existing, promising trend.

For our geologically minded readers, Strickland reported that the mineralisation is consistent with "an outer carbonate-replacement style halo proximal to copper gold skarn", which is dominant at Rogozna.

The ASX All Ords mining stock now plans further drilling in the area to target the interpreted core of the copper-gold skarn system.

Management highlighted that Strickland is well-funded to carry on further exploration. As at 31 December, the miner held cash and liquids of $38 million. That's not including the $55 million it raised from a recently completed institutional placement.

What did Strickland Metals management say?

Commenting on results helping boost the ASX All Ords mining stock today, Strickland Metals managing director Paul L'Herpiniere said the confirmation of significant zones of carbonate-replacement lead zinc-silver mineralisation has elevated Obradov Potok as a priority target for follow-up exploration.

"This represents another important breakthrough by the team, validating our exploration model and reinforcing the potential for a major new discovery," he said.

"Importantly, the target area also sits along strike from the cornerstone Gradina and Copper Canyon deposits, further enhancing its prospectivity," L'Herpiniere added.

Looking ahead, L'Herpiniere concluded:

Following recent discoveries at Red Creek and Kotlovi, these results continue to highlight the scale and endowment of the broader Rogozna system.

We are looking forward to undertaking follow-up drilling as part of the 2026 field season targeting the interpreted core of the system at Obradov Potok, where we see a compelling opportunity to make a major new discovery.

The post Up 188% in a year, why is this ASX All Ords mining stock surging again today? appeared first on The Motley Fool Australia.

Strickland shares closed yesterday trading for 19.0 cents. In early morning trade on Wednesday, shares are changing hands for 18.2 cents apiece, down 4.2%. For some context, the All Ords is down 0.2% at this same time.

Despite today's dip, shares in the ASX All Ords gold stock remain up a very impressive 160% over 12 months.

The miner should be catching some tailwinds today from the overnight rebound in the gold price, with the yellow metal showing signs of a recovery from the past week's rout. The gold price is up 6.2% since this time yesterday, at US$4,947 per ounce.

After market close on Tuesday, Strickland Metals also reported on promising new exploration results at its Rogozna Project, located in Serbia.

But investors look to be pressuring the stock with the miner also announcing an equity raise at a steep discount to yesterday's closing price.

Here's what's happening.

ASX All Ords gold stock hits high-grade intercepts

Turning to the exploration results first, Strickland reported it has discovered a new body of high-grade gold and copper mineralisation from initial exploration drilling at the Red Creek Prospect, situated within Rogozna.

Among the top results, the ASX All Ords gold stock reported intercepting 4.0 metres at 4 grams of gold equivalent per tonne from 44.0 metres, and 53.0m @ 2.3g/t AuEq from 514.4 metres.

Stickland noted that mineralisation remains totally open for exploration at Red Creek.

"Our world-class team in Serbia have done it again, with exploration drilling at Red Creek, just 1 kilometre from our cornerstone Shanac Deposit, delivering a new high-grade discovery," Strickland managing director Paul L' Herpiniere said.

L'Herpiniere added:

This latest discovery comprises both gold-dominant epithermal mineralisation starting from just 44 metres depth and wider zones of extensive skarn-hosted gold and base metal mineralisation – typical of what we see at other deposits at Rogozna.

Looking ahead, he noted:

We are planning to accelerate drilling at Red Creek to further define the scale of the mineralisation and advance it towards resource status. Given its strategic location, this new discovery further enhances the significant development optionality we already have at Rogozna.

Strickland to raise $55 million

Strickland also announced that it intends to conduct an equity raising by way of an institutional placement of approximately $55 million via the issue of around 343.2 million shares.

The ASX All Ords gold stock looks to be under selling pressure today, with those shares being issued for 16.0 cents apiece. That's 15.8% below Tuesday's closing price.

The miner intends to use the proceeds to fund an additional 70,000 metres of drilling at Rogozna and support the delivery of a Pre-Feasibility Study (PFS). The PFS is targeted for the first half of 2027.

Commenting on the $55 million capital raise, L'Herpiniere said:

The progress made since the Rogozna acquisition last year has delivered outstanding exploration results. However, this is only the beginning.

We have ambitious plans to continue this extraordinary growth and establishing Rogozna as a pre-eminent development project through further exploration and studies.

The post Up 160% in a year, ASX All Ords gold stock announces $55 million capital raise appeared first on The Motley Fool Australia.

Strickland Metals shares closed on Wednesday trading for 20.5 cents apiece. That sees the share price up a sizzling 169.7% since 28 January 2025, when you could have snapped up shares for just 7.6 cents each.

As you can likely guess, the record smashing gold price counts among the tailwinds that have been sending the ASX All Ords gold stock surging. On Wednesday, gold was trading for US$5,180 per ounce, putting the yellow metal up 89% in 12 months.

Investor interest has also been roused by a series of exploratory drilling successes at the company's 100%-owned 8.6-million-ounce gold equivalent Rogozna Project, located in Serbia.

And with further drilling results pending and potentially driving a resource upgrade, the analysts at Canaccord Genuity believe the next 12 months could be even more profitable for shareholders.

Here's why.

ASX All Ords gold stock hits rich new intercepts

Last week, on 20 January, Strickland Metals reported on the latest assay results from its 5.3-million-ounce gold equivalent Shanac Deposit. Shanac sits within the broader Rogozna Project.

Top results reported by the ASX All Ords gold stock included 37.2 metres at 1.1 grams of gold equivalent per tonne from 284.4 metres, and 113.4 metres at 1.7grams of gold equivalent per tonne from 451.0 metres.

Strickland managing director Paul L'Herpiniere was clearly pleased with the assays. He said:

The three diamond holes reported in this announcement all returned outstanding zones of strong copper-gold mineralisation, reinforcing the scale, quality and potential of our cornerstone ~5.3Moz AuEq Shanac Deposit.

L'Herpiniere noted that the latest results will contribute towards an updated Mineral Resource Estimate for Shanac, which the company said remains on track to be reported later this quarter.

Encouragingly, Strickland remains well-funded for its 2026 exploration program. The miner reported holding cash and liquid investments of $38.2 million at the end of the December quarter.

What is Canaccord saying?

In a new report following on the ASX All Ords gold stock's latest drilling results, Canaccord said:

Recent assay results from three diamond drill holes continue to demonstrate the presence of both bulk-tonnage mineralisation and discrete higher-grade zones within the central and southern domains of the deposit.

As for what could help boost Strickland Metals shares in the months ahead, the broker added:

Drilling at Shanac concluded in late December 2025, with multiple assays still pending across the broader Rogozna Project. These results, together with recent drilling, are expected to underpin a material update to the Shanac resource according to STK.

Connecting the dots, Canaccord has a speculative buy rating on the ASX All Ords gold stock with a 65-cent price target.

That represents a potential upside of 217% from Wednesday's closing price.

The post Why this rocketing ASX All Ords gold stock is forecast to leap another 217% appeared first on The Motley Fool Australia.

The outperforming company in question is Strickland Metals Ltd (ASX: STK).

Shares in the Aussie gold miner closed yesterday trading for 21 cents. At tithe me of writing, shares are swapping hands for 21.5 cents each, up 2.4%.

With today's gains factored in, this sees the Strickland Metals share price up an eye-popping 168.8% since this time last year.

Part of that stellar rise has been driven by the soaring gold price. Gold is currently trading for US$4,666 per ounce, putting the gold price up 70% over 12 months.

But Strickland Metals has hardly been sitting idle.

Here's what investors are mulling over today.

ASX All Ords gold stock gains on drilling results

Before market open this morning, Strickland reported on a fresh batch of assay results from three diamond drill-holes. The holes were drilled at Strickland's 5.3-million-ounce gold equivalent (AuEq) Shanac Deposit, which is located within its 100%-owned 8.6Moz AuEq Rogozna Project in Serbia.

The ASX All Ords gold stock highlighted that the significant new intercepts from its diamond drilling campaign demonstrate the potential of both bulk tonnage and higher-grade mineralised zones within the Shanac Deposit.

Among the top results, Strickland reported 37.2 metres at 1.1 grams of gold equivalent per tonne from 284.4 metres; and 113.4m at 1.7g/t AuEq from 451.0 metres, including 28.0m at 2.7g/t AuEq from 532.4 metres.

Investors can expect further updates from the exploratory drill campaign, with assays still pending for multiple holes from across the Rogozna Project. The ASX All Ords gold stock expects to receive those results in the coming weeks.

On the funding side, as at 30 September, Strickland Minerals held cash and liquids totalling $41.8 million.

What did management say?

Commenting on the results that look to be boosting the ASX All Ords gold stock today, Strickland managing director Paul L'Herpiniere said, "The three diamond holes reported in this announcement all returned outstanding zones of strong copper-gold mineralisation, reinforcing the scale, quality and potential of our cornerstone ~5.3Moz AuEq Shanac Deposit."

L'Herpiniere added:

We are pleased to see that the latest holes have also provided further definition of the higher-grade zones within the deposit, with the results to contribute towards an updated Mineral Resource Estimate for Shanac – which remains on track to be reported later this quarter.

Against the backdrop of record metal prices, and with an aggressive ongoing exploration commitment, strong expected news-flow and a strong balance sheet, Strickland is poised for another exceptional year in 2026.

The post Up 169% in a year, why is this ASX All Ords gold stock jumping again today? appeared first on The Motley Fool Australia.

Strickland Metals shares closed yesterday trading for 18 cents apiece. In morning trade on Wednesday, shares are changing hands for 18.5 cents apiece, up 2.8%.

For some context, the All Ordinaries Index (ASX: XAO) is also just about flat at this same time.

With today's intraday gains factored in, the Strickland Metals share price is up 105.6% in 2025.

Here's what's happening with the ASX gold miner.

ASX All Ords gold stock announces 1.2-million-ounce MRE

Stickland Metals shares are in the green today after the ASX All Ords gold stock announced a maiden Mineral Resource Estimate (MRE) for the Gradina Deposit. Gradina sits within Stickland's 100%-owned Rogozna Gold and Base Metals Project, located in Serbia.

The maiden MRE came in at 12 million tonnes at 3 grams of gold per tonne (12Mt at 3g/t Au). That equates to 1.2 million ounces of gold. And it lifts the total inferred MRE at the Rogozna Project by 16% to 8.6 million ounces of gold equivalent (AuEq).

The miner highlighted that the discovery cost was only US$10 per ounce.

And the ASX All Ords gold stock noted that the mineralisation remains open in all directions, with "significant near-term growth potential" in a number of adjacent areas where it will conduct further exploratory drilling in 2026.

Drilling is ongoing at the Rogozna Project, with two rigs drilling the so-called Gradina "gap zone", while three rigs are focused on discovery drilling across the broader project area.

Strickland said it is well-funded to support the ongoing drilling campaign, reporting cash and liquids of $41.8 million as at 30 September.

What did management say?

Commenting on the maiden resource estimate that's helping boost the ASX All Ords gold stock today, Strickland managing director Paul L'Herpiniere, said, "Delivering a maiden resource of 1.2Moz Au for the Gradina Deposit, with an average grade of 3.0g/t Au, is an outstanding result which reinforces the quality and scale of the Rogozna Project."

L'Herpiniere added:

Recent drilling at Gradina has delivered some exceptional intercepts of high-grade, gold-dominant mineralisation across the length of the deposit, underpinning a substantial maiden MRE at a discovery cost of just $US10/oz. By global standards, this is a very high return on exploration investment, highlighting the value that Rogozna's large-scale mineralisation style offers.

Looking ahead, L'Herpiniere said, "This latest update follows the substantial MRE updates posted earlier this year and sets the scene for continued growth into 2026, with an updated MRE for the cornerstone Shanac Deposit due in early 2026."

The post Up 106% in 2025, ASX All Ords gold stock lifting today on 1.2-million-ounce reserve boost appeared first on The Motley Fool Australia.

The gold miner in question is Strickland Metals Ltd (ASX: STK), which is focused on its 100%-owned 7.4-million-ounce gold equivalent Rogozna Gold and Base Metals Project, located in Serbia.

In late morning trade on Tuesday, Strickland Metals shares are flat, trading for 18 cents apiece. This sees the share price up 100% in 2025.

And according to the team at Canaccord Genuity, the ASX All Ords gold stock could deliver even juicier returns in the months ahead.

Here's why.

Should you buy the ASX All Ords gold stock today?

On 1 December, Strickland Metals reported on new exploratory drilling results from its emerging Kotlovi prospect, located within the Rogozna Project.

Canaccord noted that the "strong assay results" further confirm the prospect as a growing high-grade gold discovery.

"All three holes successfully intersected multiple mineralised zones, marking material advances in both grade and geometry," Canaccord said.

The broker noted:

Kotlovi, situated only ~350m west of the 1.28Moz AuEq Medenovac deposit, continues to deliver wide, consistently mineralised intercepts that expand the known footprint and reinforce the broader district scale potential.

Canaccord is optimistic on the geology around the prospect, noting, "The diversity of host rocks and structural settings suggests a robust hydrothermal system with multiple pathways for gold deposition, analogous to the styles seen across the broader Rogozna corridor."

And the ASX All Ords gold stock looks well-funded for ongoing exploratory drilling.

According to Canaccord:

Ongoing drilling activity at Rogozna are funded by A$41.8m in cash and liquids as at 30 September 2025. Seven rigs are currently operating, four targeting the Gradina gap zone and three focused on new discovery drilling, including further work at Kotlovi.

Investors can also look forward to fresh news from the project in the near term, which, depending on the results, could give the Strickland Metals share price a boost.

"Numerous assays remain pending, and additional updates are expected in the coming weeks, including a maiden resource over Gradina," Canaccord said.

High risk for potentially high reward

Connecting the dots, Canaccord has a speculative buy rating on the ASX All Ords gold stock, with a 60-cent price target.

That represents a potential upside of 233.3% from current levels.

Canaccord stressed that this potentially outsized return is not without investment risk.

According to the broker:

Our valuation is risked to 50% given the model is unfunded and Gradina is pre-resource. Our scenario is preliminary in nature and should be viewed as a what-if case, given that no formal mining studies have been published.

The post Why this surging ASX All Ords gold stock is tipped to rocket another 233% appeared first on The Motley Fool Australia.

Strickland Metals shares closed on Friday trading for 20 cents. In morning trade on Monday, shares are swapping hands for 19.7 cents apiece, down 1.5%.

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

Despite today's intraday dip, the Strickland Metals share price is up a jaw-dropping 146.3% in 12 months. Or enough to turn an $8,000 investment into $19,704.

Here's what's catching investor interest today.

ASX All Ords gold stock hits new targets

Strickland Metals shares have yet to get a fresh lift after the miner reported promising new exploratory drilling results from its Kotlovi Prospect, returning a series of high-grade gold intercepts.

Highlights from one hole returned 34.9 metres at 2.2g/t Au [grams of gold per tonne] from 324.2 metres, including 14 metres at 4.1g/t Au from 328.2 metres.

The emerging new discovery sits within the ASX All Ords gold stock's 100%-owned 7.4 million ounce gold equivalent (AuEq) Rogozna Gold and Base Metals Project, located in Serbia.

The miner said it has received assays for multiple recently completed drill-holes at the Kotlovi Prospect, noting the new prospect was discovered in scout drilling in 2024, just 350 metres west of the 1.28 million ounce AuEq Medenovac deposit.

Strickland has now defined mineralisation along a 300 metre strike, which remains open in all directions.

The ASX All Ords gold stock reported that drilling continues apace. Strickland has seven rigs operating across its Rogozna Project. Assay results are still pending for multiple holes, with management expected to release further results in the coming weeks.

What did management say?

Commenting on the ASX All Ords gold stock's new drill results today, Stickland managing director Paul L'Herpiniere, said, "Kotlovi is continuing to shape up as an important new discovery at Rogozna, with the potential to make a significant contribution to the project's overall growth trajectory."

L'Herpiniere added:

These latest drill results have further expanded the known mineralisation, which now extends over a 300 metre strike length. Several holes have now returned thick zones of strong mineralisation, with the mineralised zone still open in all directions offering further significant upside.

Given its strategic location just 350 metres from the 1.28 million ounces of gold equivalent Medenovac Deposit and the growing scale of the mineralisation, Kotlovi looks like it will feature prominently in our ongoing drilling and development plans.

Strickland said it remains well-funded, with cash and liquids totalling $41.8 million at 30 September.

The post Up 146% in a year, ASX All Ords gold stock reveals 'significant upside' exploration results appeared first on The Motley Fool Australia.

Strickland Metals shares closed yesterday trading for 17 cents apiece. In early morning trade on Thursday, shares are changing hands for 19 cents apiece, up 11.8%.

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

With today's intraday boost factored in, shares in the ASX All Ords gold stock are up a whopping 137.5% over the last 12 months.

Here's what's piquing investor interest today.

ASX All Ords gold stock lifts off on exploration results

Investors are bidding up Strickland Metals shares following a fresh set of promising drill results.

The miner has been actively drilling at its 100% owned Rogozna Gold & Base Metals Project, located in Serbia.

This morning, the ASX All Ords gold stock reported assay results from two recently completed diamond drill-holes at its cornerstone 5.3 million ounce gold equivalent Shanac Deposit. That's one of four skarn-hosted gold and base metals deposits within the 7.4 million ounce gold equivalent Rogozna Project.

And, as you can likely guess from investors' positive reactions today, those assay results are juicy.

Results from the first hole were reported to be:

• 0m at 1.9g/t AuEq from 387.5m including:
• 7m at 3.1g/t AuEq from 387.5m; and
• 9m at 1.8g/t AuEq from 497.7m

And the second hold intersected:

• 1m at 1.0g/t AuEq from 349.3m; and
• 7m at 1.8g/t AuEq from 462.9m, including:
• 1m at 2.9g/t AuEq from 492.7m

What did management say?

Commenting on the assay results sending the ASX All Ords gold stock soaring today, Strickland Metals managing director Paul L'Herpiniere, said, "These excellent new drill results reinforce the robustness and quality of the high-grade copper-gold mineralisation discovered at Shanac earlier this year in the central part of the deposit, on the western side of the central domain."

L'Herpiniere added:

Both holes reported in this announcement have delivered very wide zones of strong gold-copper mineralisation, building on the results from this part of the deposit reported in August.

The results clearly reinforce the potential for both bulk tonnage style mineralisation and higher-grade zones within the deposit, highlighting the potential for growth in the current 5.3 million ounce gold equivalent Mineral Resource.

We look forward to reporting further results from Shanac in the coming weeks as we close-in on an updated Mineral Resource Estimate for the deposit in early 2026.

The ASX All Ords gold stock currently has seven diamond drilling rigs operating across the Rogozna Project.

Strickland highlighted that it remains well-funded, with cash and liquids as at 30 September totalling $41.8 million.

Stay tuned!

The post Guess which ASX All Ords gold stock is leaping 12% on big Serbian news appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are pushing higher:

Breville Group Ltd (ASX: BRG)

The Breville share price is up almost 4% to $30.75. This appears to have been driven by a broker note out of Morgans this morning. According to the note, the broker has upgraded the appliance manufacturer's shares to a buy rating with a $36.05 price target. It said: "We are encouraged by recent positive updates from peers who share key attributes with BRG, including strong new product innovation and geographic expansion (SharkNinja; SN-US), premium brand positioning (KitchenAid / Whirlpool; WHR-US) and growing coffee category exposure (both). We view recent weakness in BRG as an opportunity to build a position in a high-quality, well-managed business, with structural coffee tailwinds. Upgrade to BUY."

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price is up 2.5% to $12.40. Investors have been buying this travel agent giant's shares following the release of a trading update at its annual general meeting. Flight Centre's managing director, Graham Turner, revealed that the company has started the financial year positively. He said: "FY26 is off to a positive start, with first-quarter results and preliminary October trading data confirming momentum across both corporate and leisure segments." Turner also provided guidance for the full year, revealing that profit before tax is expected to be up 5.5% to 17.6% year on year.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is up 10% to $51.60. This has been driven by news that the mining and mining services company has signed a $1.2 billion deal with Korean giant POSCO to sell down interests in its lithium mines. Mineral Resources will sell a 30% interest in a new joint venture company, which will hold its interests in the Wodgina and Mt Marion lithium mines in Western Australia.

Strickland Metals Ltd (ASX: STK)

The Strickland Metals share price is up 10% to 18.7 cents. Investors have been bidding this gold explorer's shares higher following the release of a drilling update. Strickland Metals revealed that extensional drilling has delivered its largest-ever intercept. It advised that 700 metres of continuous mineralisation was encountered at the southern end of the Gradina Deposit.

The post Why Breville, Flight Centre, Mineral Resources, and Strickland shares are shooting higher appeared first on The Motley Fool Australia.

The fast-rising gold miner in question is Strickland Metals Ltd (ASX: STK).

In early afternoon trade on Monday, Strickland Metals shares are trading for 20.5 cents apiece.

That puts the Strickland share price up a whopping 156.3% since this time last year. That's enough to turn a $5,000 investment 12 months ago into $12,815 today.

And the ASX All Ords gold stock looks well-placed to more than double investors' money again in the year ahead.

Here's why.

ASX All Ords gold stock could keep shining bright

Strickland shares have been enjoying strong support from both the record-setting gold price and the miner's own exploration successes.

On Thursday, the ASX All Ords gold stock closed the day up a blistering 29.0% following a favourable exploration update from its Rogozna Gold & Base Metals Project, located in Serbia.

After receiving new gravity survey results, Strickland said it had identified "significant" new target areas at the project.

"The recently completed gravity survey has delivered some exciting results, delineating three key mineralisation-controlling structures that traverse the Rogozna Project area," Strickland managing director Paul L'Herpiniere said last week.

L'Herpiniere added, "This shows just how fertile a geological environment we have on our hands at Rogozna, with the potential to discover multiple large-scale mineral systems in addition to the known skarn-hosted deposits."

Having run their slide rules over those results, the analysts at Canaccord Genuity agree on that highly promising potential for this ASX All Ords gold stock.

Wealth manager tips major upside

On the heels of Strickland's exploration announcement on Thursday, Canaccord said the results "highlighted highly prospective new copper-gold porphyry targets".

Canaccord noted:

The 2025 gravity survey over the Zlatni Kamen licence aimed to map density contrasts and improve structural interpretation across the central project area… The combined dataset indicates that these structures host multiple high-density circular anomalies, interpreted as magmatic intrusive centres; key signatures of porphyry systems.

And Canaccord is optimistic about the ASX All Ords gold stock's ongoing exploration program.

According to the wealth manager:

There are currently seven diamond drill rigs are active across the project: three focused on Gradina to support delivery of a maiden resource by late 2025, one at Shanac, and three engaged in regional discovery drilling. STK remains well-funded, holding A$52.4m in cash and liquid assets as of 30 June 2025, supporting the ongoing intensive exploration.

Connecting the dots, Canaccord maintained its speculative buy rating on Strickland shares, with a 50-cent price target.

That represents a further potential upside of 143.9% from current levels.

The post Up 156% in a year, how this ASX All Ords gold stock could more than double your money again appeared first on The Motley Fool Australia.

The surging miner in question is Strickland Metals Ltd (ASX: STK).

The Strickland share price closed yesterday trading for 15.5 cents. At the time of writing, shares are swapping hands for 21.0 cents apiece, up 35.5%.

Here's what's happening.

ASX All Ords mining stock leaps on projected growth

ASX investors are piling into Strickland shares today after the ASX All Ords mining stock released a promising exploration update from its Rogozna Gold & Base Metals Project.

Strickland acquired the project, located in Serbia, in April 2024.

Today, the miner reported that new gravity survey results have identified "significant" new target areas.

Strickland said that the new gravity data – combined with existing IP data (which maps pyrite-bearing alteration) and modelling of remanent magnetic bodies (which may represent pyrrhotite concentrations) – define a "compelling structural architecture" for the Rogozna Project area.

The ASX All Ords mining stock noted that the area is clearly seen to be an important control on known mineralisation.

Strickland added that it considers developing this new structural framework a "major step forward" in focusing its exploration for porphyry-style deposits at its Rogozna project.

What did management say?

Commenting on the gravity survey results sending the ASX All Ords mining stock soaring today, Strickland managing director Paul L'Herpiniere said, "The recently completed gravity survey has delivered some exciting results, delineating three key mineralisation-controlling structures that traverse the Rogozna Project area."

L'Herpiniere continued:

The survey has also highlighted multiple new anomalies in proximity to these key structural features. This shows just how fertile a geological environment we have on our hands at Rogozna, with the potential to discover multiple large-scale mineral systems in addition to the known skarn-hosted deposits.

Atop applying the latest geophysical techniques, L'Herpiniere said Strickland's 50,000 metres drilling campaign to grow its existing resource base is ongoing.

Looking to the near future, L'Herpiniere added:

The gravity survey will be followed up with a Magnetotelluric Survey commencing in the coming weeks, which will enable us to 'see' through cover into the underlying structural architecture of the area, helping to refine the locations of the next round of drilling to test some of these target areas.

He concluded, "We are constantly surprised on the upside by the scale of the opportunity at Rogozna."

Judging by today's surging Strickland share price, that potential opportunity also looks to have caught the market by surprise.

As at 30 June, the ASX All Ords mining stock had cash and liquids totalling $52.4 million.

The post Guess which ASX All Ords mining stock is rocketing 36% on big news appeared first on The Motley Fool Australia.

The gold miner in question is Strickland Metals Ltd (ASX: STK).

Strickland Metals shares are currently trading for 14.5 cents apiece. That sees the Strickland share price up 70.6% since the closing bell on 31 December.

And according to Canaccord Genuity, the ASX All Ords gold stock is primed to keep on outperforming.

Should I buy the ASX All Ords gold stock today?

If you're not familiar with Strickland Metals, the gold explorer and developer is focused on its Rogozna Gold & Base Metals Project, located in Serbia. Strickland acquired the project in April 2024.

And Canaccord notes that the ASX All Ords gold stock is setting out to grow the reported 7.4 million ounces of gold equivalent resource in 2025.

With a bullish view towards that development, Canaccord has a speculative buy rating on the stock with a 36 cent price target. That represents a potential upside of 148.3% from current levels.

Canaccord analyst Paul Howard said that with seven drilling rigs active across the Rogozna Project and an estimated AU$41 million in liquidity, Strickland "is set to advance towards resource updates and mining studies over the next 12 months, in our view".

On 30 June, Strickland reported that it had agreed to sell its Yandal Gold Project, located in Western Australia, to Gateway Mining Ltd (ASX: GML) for $45 million in Gateway equity.

"Our prior EV/Resource valuation for the 400koz Yandal Project was $41 million, validating the deal in our view," Howard said.

He said that following Strickland's divestment of Yandal, the miner is now wholly focused on Rogozna.

Based on Canaccord's in-house modelling, the all-in sustaining cost (AISC) following development at Rogozna could average US$1,325 per ounce over the life of mine (LOM).

With the gold price currently at US$3,340 per ounce, that would represent a heady margin.

What to watch for

As for what could impact the ASX All Ords gold stock in the months ahead, Howard said, "Upcoming news flow from Strickland will be heavily driven by drilling results."

He added:

When last reported, seven diamond drilling rigs were operating across Rogozna; five rigs focused on Gradina, one at Shanac and one following up the late-2024 Kotlovi discovery.

We anticipate the Gradina drilling will underscore a maiden resource late in 2025. Given the ongoing success of drilling, we wouldn't be surprised if this gets pushed into 2026 as Strickland expands the Gradina scope and footprint.

The post Why this surging ASX All Ords gold stock is tipped to rocket another 148% 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:

Block Inc (ASX: XYZ)

The Block Inc share price is down 5% to $98.52. This follows a similarly sized decline by the payments company's NYSE listed shares on Friday night. The catalyst for this appears to have been news that insiders have been selling shares. This includes the Cash App and Afterpay owner's chief financial officer, Amrita Ahuja.

Computershare Ltd (ASX: CPU)

The Computershare share price is down 3% to $39.66. This is likely to have been driven by a broker note out of Morgan Stanley today. According to the note, the broker has downgraded the stock transfer company's shares to an underweight rating with a $33.70 price target. Morgan Stanley believes that there is downside risk to its margin income. And given how important it is to Computershare's overall earnings, this could be bad news in the coming years.

South32 Ltd (ASX: S32)

The South32 share price is down 4.5% to $2.97. This morning, this mining giant warned that the outlook for its Mozal Aluminium operation in Mozambique is uncertain. Despite being in negotiations for six years to secure electricity supply to Mozal beyond March 2026, it has been "unable to agree an affordable electricity price tariff." South32 points out that this has "resulted in increased uncertainty regarding future electricity supply to Mozal." As a result, the company is assessing the carrying value of Mozal and its guidance for FY 2026.

Strickland Metals Ltd (ASX: STK)

The Strickland Metals share price is down 6.5% to 14.5 cents. This is despite the release of an announcement today relating to its exploration plans. According to the release, drilling has commenced at the Jezerska Reka Copper-Gold Porphyry target in Serbia. This is where two previous exploration drill-holes encountered extensive porphyry-related veining and alteration on the fringe of a large porphyry system. Strickland Metals' managing director, Paul L'Herpiniere, commented: "The team is excited to have kicked-off a new campaign of exploration targeting porphyry-hosted copper gold at Rogozna. Since the discovery of the large-scale Jezerska Reka porphyry system in 2023, we have been eager to unravel the prospective geology and make the kind of world-class discovery that Serbia is renowned for."

The post Why Block, Computershare, South32, and Strickland Metals shares are falling today appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back today are listed below. Here's why they are rising:

Botanix Pharmaceuticals Ltd (ASX: BOT)

The Botanix Pharmaceuticals share price is up 17% to 17 cents. Bargain hunters appear to be swooping in today after this clinical dermatology company's shares crashed deep into the red on Tuesday. The catalyst for that decline was a sales update which revealed that it has generated gross sales of $25 million for its Sofdra topical gel since its launch in January. The company's executive chairman, Vince Ippolito, was pleased with the launch. He said: "We are pleased with the overall performance of Sofdra since its launch in February 2025. The launch trajectory of Sofdra is trending in a positive direction, and we expect continued growth."

Dexus Industria REIT (ASX: DXI)

The Dexus Industria REIT share price is up over 2% to $2.76. This appears to have been driven by a broker note out of Morgans this morning. According to the note, the broker has upgraded this industrial property company's shares to an accumulate rating with an improved price target of $3.00. It made the move after running the rule of the property sector. It believes that Dexus Industria is well-placed to deliver income growth despite higher interest costs.

Strickland Metals Ltd (ASX: STK)

The Strickland Metals share price is up 3% to 15 cents. This morning, this gold explorer released another promising drilling update from its Gradina Prospect at the Rogozna Gold and Base Metals Project1 in Serbia. Managing Director, Paul L'Herpiniere, said: "This latest batch of results from Gradina continues to demonstrate the continuity of the gold-dominant system towards the northern end of the deposit. Importantly, the spatial distribution of these intercepts confirms our current geological model, indicating that the geometry of the mineralisation zone is consistent."

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix Pharmaceuticals share price is up almost 7% to $25.67. This has been driven by news that the radiopharmaceuticals company's next-generation PSMA PET imaging agent, Gozellix, has been granted a permanent Healthcare Common Procedure Coding System (HCPCS) code by the U.S. Centers for Medicare & Medicaid Services (CMS). Management notes that the assignment of the code is a significant milestone supporting provider billing and reimbursement for Gozellix, and a further step toward receiving Transitional Pass-Through (TPT) payment status.

The post Why Botanix, Dexus, Strickland, and Telix shares are charging higher today appeared first on The Motley Fool Australia.

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

DroneShield Ltd (ASX: DRO)

The DroneShield share price is up over 8% to $1.39. This may have been driven by news that the UK government is planning to spend GBP2 billion (A$4.18 billion) on drone technology to boost its military capabilities. It is just one of a number of governments that plan to invest heavily in the technology. This bodes well for DroneShield's sales pipeline.

Judo Capital Holdings Ltd (ASX: JDO)

The Judo Capital share price is up 4% to $1.43. Investors have been buying this small business lender's shares following the release of its investor day update. At the event, the company provided an update on its guidance for FY 2025. Judo Capital's CEO, Chris Bayliss, said: "In addition to the strategy update, Judo confirmed it remains on track to achieve its FY25 guidance, as provided in its trading update on 1 May 2025."

Pepper Money Ltd (ASX: PPM)

The Pepper Money share price is up 10% to $1.82. This follows news that the non-bank lender is planning to reward its shareholders with a special dividend worth approximately $55.5 million in total. According to the release, the Pepper Money board has determined to pay a fully franked special dividend of 12.5 cents per share. It notes that this is part of its ongoing capital management strategy and reflects its strong unrestricted cash position. Pepper Money's shares will go ex-dividend for this on 10 June. After which, the company plans to pay it to shareholders next month on 16 July.

Strickland Metals Ltd (ASX: STK)

The Strickland Metals share price is up 7% to 15 cents. This morning, this gold and base metal developer released significant new assay results from ongoing diamond drilling at the Gradina Prospect. It is part of its 100%-owned ~7.4Moz AuEq Rogozna Gold and Base Metals Project in Serbia. Strickland's Managing Director, Paul L'Herpiniere, commented: "The results from hole ZRSD25182 are exceptional, revealing some of the highest gold grades seen at the Gradina system to date and over substantial widths. They further support our belief that Gradina will make a considerable contribution of high-grade ounces to the Rogozna resource inventory by late-2025."

The post Why DroneShield, Judo, Pepper Money, and Strickland shares are surging today appeared first on The Motley Fool Australia.

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

Boss Energy Ltd (ASX: BOE)

The Boss Energy share price is up 2% to $4.35. This uranium miner's shares have been on fire in recent sessions thanks to US President Donald Trump signing an executive order to rapidly deploy advanced nuclear technologies to support national security objectives. The White House notes that this includes powering artificial intelligence (AI) computing infrastructure and national security installations. Boss Energy shares are up 22% since this time last week.

Neuren Pharmaceuticals Ltd (ASX: NEU)

The Neuren Pharmaceuticals share price is up 2% to $13.72. Investors have been buying this pharmaceuticals company's shares following its annual general meeting presentation. At the meeting, management spoke about the disappointment of its share price performance. It said: "Despite this huge progress and all nine analysts that cover Neuren with "buy" recommendations, at an average target share price of $26, our share price has fallen significantly from its peak, which is frustrating and disappointing."

Strickland Metals Ltd (ASX: STK)

The Strickland Metals share price is up 12% to 13.5 cents. This follows the release of drilling results from the Gradina Prospect, which is part of its Rogozna Gold and Base Metals Project. According to the release, strong results were received from its drilling. Management notes that these results "have confirmed the continuity of high-grade gold mineralisation at the northern end of the Gradina deposit, with drill-defined mineralisation extending over approximately 1,000 metres of strike and 900 metres of vertical extent."

Vulcan Energy Resources Ltd (ASX: VUL)

The Vulcan Energy share price is up 2% to $4.18. This morning, this lithium developer announced that it has commenced drilling the first new well for the Phase One Lionheart Project. Vulcan CEO, Cris Moreno, commented: "Start of drilling new production wells to grow current production represents achievement of yet another critical milestone for our Lionheart Project." In addition, Bell Potter initiated coverage on the company's shares with a speculative buy rating and $6.10 price target this morning. It said: "Lionheart's location, development-ready stage and novel technology position VUL to benefit as lithium markets rebalance over the medium term. On our lithium price outlook (long term LHM US$20,000/t), average annual EBITDA is €290m (real)."

The post Why Boss Energy, Neuren, Strickland, and Vulcan shares are pushing higher today appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:

Core Lithium Ltd (ASX: CXO)

The Core Lithium share price is up 30% to 9.5 cents. Investors have been buying this lithium miner's shares after it released the results of its restart study for the Finniss Lithium Project. Those results revealed that the project could lower its operating costs materially and generate strong free cash flow at a spodumene 6% price of US$1,300 per tonne. Though, it is worth noting that the current spot price is US$735 per tonne, which means that a final investment decision may still be some way off. CEO Paul Brown said: "The Study outlines a lower-cost, longer-life, and scalable operating plan that generates free cash flow of $1.2 billion, representing a six-fold return on pre-production capital."

Life360 Inc (ASX: 360)

The Life360 share price is up a further 10% to $29.96. Investors have been buying this location technology company's shares since the release of its first quarter update on Tuesday. Life360 reported a 32% increase in revenue over the prior corresponding period to US$103.6 million and the more than tripling of its adjusted EBITDA to US$15.9 million. This was comfortably ahead of consensus estimates. In response to the news, Goldman Sachs reaffirmed its buy rating with an improved price target of $31.00. It said: "Life360's 1Q25 result was above VA consensus expectations at the Revenue/gross profit/Adj. Ebitda lines with continued growth in core subscriptions and supported by the implementation of advertising revenue as hardware was broadly flat YoY."

Strickland Metals Ltd (ASX: STK)

The Strickland Metals share price is up almost 7% to 11.75 cents. This morning, this mineral exploration company announced a number of key additions to its senior leadership team and the expansion of pre-development activities at the Rogozna Gold and Base Metals Project in Serbia.

Woodside Energy Group Ltd (ASX: WDS)

The Woodside share price is up 3.5% to $22.32. Investors have been buying this energy giant's shares following another rise in oil prices overnight. Traders have been bidding oil prices higher since the United States and China announced a trade deal. This latest gain means that Woodside's shares are now up 11% since this time last week.

The post Why Core Lithium, Life360, Strickland, and Woodside shares are storming higher today 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:

HMC Capital Ltd (ASX: HMC)

The HMC Capital share price is down almost 4% to $6.00. This morning, the investment company revealed that it expects to receive a ~$150m distribution from HMCCP Fund I following the realisation of substantial profit from portfolio investments in Sigma Healthcare Ltd (ASX: SIG) and Ingenia Communities Group (ASX: INA). It also provided a trading update and revealed that FY 2025 operating EPS (pre-tax) is currently tracking at 70 cents. As a result, its dividend per share guidance of 12 cents has been reaffirmed.

Pilbara Minerals Ltd (ASX: PLS)

The Pilbara Minerals share price is down a further 5.5% to $1.59. Investors have been selling this lithium miner's shares amid concerns over lithium prices and the impact they could have on profitability. It isn't just Pilbara Minerals shares that are falling today. A number of lithium miners are down in the low to mid-single digits as selling intensifies. The Pilbara Minerals share price is now down approximately 60% since this time last year.

Strickland Metals Ltd (ASX: STK)

The Strickland Metals share price is down 9% to 10 cents. This follows the release of an update on the mineral resource estimate for its Shanac gold-copper project. According to the release, the mineral resource estimate is 150Mt @ 1.1g/t AuEq for 5.30Moz. It seems that the market was expecting a stronger result. Though, the mineralisation is open along strike and at depth. As a result, management believes there could be upside to this estimate. In fact, it highlights that high-grade, gold-only intercepts to the north of the current resource footprint have not been followed up.

Tower Ltd (ASX: TWR)

The Tower share price is down over 10% to $1.21. This has been driven by news that Bain Capital is selling down its holding in full. The release states: "Tower Limited has received confirmation from Bain Capital that the full shareholding of 68,306,802 shares in Tower (held by Dent Issuer Designated Activity Company) has been allocated to investors as further set out in its substantial product holder notice dated 1 April 2025."

The post Why HMC Capital, Pilbara Minerals, Strickland Metals, and Tower shares are falling today appeared first on The Motley Fool Australia.

ASX small-cap shares represent young and growing companies with a market capitalisation of between a few hundred million and $2 billion.

Some analysts think the short-term future looks bright for small-caps after central banks around the world began cutting interest rates in 2024.

Indeed, the ASX small-cap shares index has lifted 6.5% in the past six months alone.

Small-caps tend to carry a fair bit of debt to fund their growth. So, rate cuts are especially beneficial to these young companies because they lower their cost of debt.

Economists expect the Reserve Bank of Australia to start cutting rates in February or May.

Meantime, here are three ASX small-cap shares catching the eye of professional brokers this week.

3 ASX small-cap shares tipped for growth

Humm Group Limited (ASX: HUM)

Shaw and Partners has commenced coverage of diversified non-bank financial services provider Humm with a buy rating and a 12-month target price of $1.

Humm is trading at 70 cents per share, down 2.11% on Thursday.

In a note published on asx.com.au, Shaw and Partners said its target price reflected an "undemanding" price-to-earnings (P/E) ratio of 5.2x its FY27 earnings per share (EPS) projection. 

The broker said:

Humm is currently trading at very attractive value – reflecting a PE of 4.0x FY26 and 3.3x FY27 EPS.

We consider that HUM has double-digit growth to FY27 as it emerges from its restructuring phase and enhances its core operations of commercial asset lending and unsecured consumer finance.

Shaw and Partners said Humm emerged from the pandemic era in good financial shape.

It has a "more focussed strategy, streamlined costs and [is] led by a new CEO".

The broker added:

The loan book is in solid shape with net credit losses in FY24 down to historic lows (1.8% of average net receivables.) Net interest margin also stabilised in FY24 at 5.5%. 

The broker said non-banks were continuing to take market share away from the major banks in the small-to-medium business lending arena.

Humm recently suspended buy now, pay later (BNPL) products in Australia that had become unprofitable amid higher interest rates, inflation, and new regulation.

The broker thinks the Australian business may achieve profitability in FY25.

Humm AU provides consumer finance for larger ticket consumer purchases such as home solar, hearing aids, dentistry, veterinary services.

Its lending products are distributed through merchants and practitioners.

FY25 will benefit from Humm AU's new, credit-regulated product, that can generate returns because it can charge interest and does not depend solely on consumer/merchant fees.

Humm AU has right sized its cost structure and credit quality ahead of FY25. 

Shaw and Partners predicts Humm's international business may break-even in FY25.

The broker said: "HUM's Ireland business is currently profitable, but Canada has been slower to ramp."

This ASX small-cap share has risen 42% in the year to date.

Strickland Metals Ltd (ASX: STK)

With a market cap of $196.5 million, Strickland Metals is technically an ASX micro-cap share, not a small-cap.

East Coast Research has recently initiated coverage on Strickland Metals with a 12-month target price of 28.2 cents. Strickland Metals is trading at 8.8 cents per share, down 1.12% on Thursday.

East Coast Research describes Strickland as 'a low-risk and high-potential' ASX gold mining share.

Analysts at the research company say:

STK is a developing gold and base metals exploration company with an inferred resource base of ~5.7Moz AuEq across the highly prospective and favourable mining jurisdictions of Serbia and Western Australia.

The company owns 100% of its assets, the flagship being the Rogozna project (Serbia) and the Yandal project (WA).

The regional geological settings enhance the attractiveness of STK as an investment opportunity.

Strickland's Rogozna Project in Serbia is located in a Tier-1 active mining and exploration jurisdiction.

The project spans 184 square kilometres and contains several unexplored prospects.

The reseach house notes:

The JORC-compliant inferred resources are derived from just two of the four drilled deposits.

The region's multiple mineralisation systems suggest significant resource upgrade potential.

Recent highgrade deposit hits (best Au-deposit hit by a junior ASX-listed miner in ~two years) indicate a strong probability of doubling the resource base.

Additionally, the region's well-developed infrastructure, the availability of a skilled workforce, and lower corporate tax rates (around 15%) further support investment in STK.

Strickland sold its Millrose Gold project to Australia's biggest listed gold miner, Northern Star Resources Ltd (ASX: NST) in 2023.

East Coast Research says the deal strengthened Strickland's balance sheet, enabling more aggressive spending on exploration activities.

According to a note published on asx.com.au, Canaccord Genuity has also just commenced coverage on this ASX micro-cap share.

It has a speculative buy rating on the stock with a 12-month price target of 16 cents.

Strickland Metals shares are down 12% in the year to date.

Betmakers Technology Group Ltd (ASX: BET)

Ord Minnett has begun coverage on this ASX technology stock with a speculative buy rating.

Betmakers has a market cap of $107 million. So, it is also an ASX micro-cap share rather than a small-cap.

The broker has given Betmakers a 12-month price target of 16 cents. The Betmakers share price is currently 11 cents, down 2.73% today and up 34% in the year to date.

In a new note published on asx.com.au, Ord Minnett says:

Over the past ~2 years, EBT has right-sized its cosdt base (from $92m to a <$60m guide), while we expect revenue growth will return from 2H25.

The company is also guiding to positive OCF from 3Q24 (we model 2Q25).

On this basis, and given the company trades on just ~1.4x FY26 EV/rev, we see now as an interesting entry point on a risk/reward basis.

The broker said its 'speculative' buy rating was due to some balance sheet concerns.

The post 3 ASX small-cap shares to buy now: brokers appeared first on The Motley Fool Australia.