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

Electro Optic Systems Holdings Ltd (ASX: EOS)

The EOS share price is up 5% to $9.92. Earlier this week, the defence and space company announced that it secured new remote weapon system (RWS) orders valued at approximately $17 million. The largest component is a US$12 million order for R400 RWS units from an established Middle Eastern government customer. EOS also advised that it has finalised a $100 million two-year secured term loan facility. This will support growth across the business, provide additional working capital, and help fund payments related to the acquisition of MARS.

GenusPlus Group Ltd (ASX: GNP)

The GenusPlus share price is up 1% to $8.07. This morning, this essential power and telecommunications infrastructure services provider agreed to acquire Railtrain Holdings. The two parties have agreed upfront consideration of $36.5 million, which is payable in cash. Genus' managing director, David Riches, said: "I am pleased to announce the signing of binding documentation for our acquisition of Railtrain which is another step forward in our strategy to expand into the rail infrastructure sector. Railtrain is a highly logical acquisition which will add critical scale, and expands the geographical and service capability of our existing MGC rail business."

Life360 Inc (ASX: 360)

The Life360 share price is up 2% to $20.76. This morning, analysts at Bell Potter responded positively to its full-year results release from yesterday. It has retained its buy rating with a slightly trimmed price target of $40.00. The broker was impressed with Life360's performance in FY 2025. It said: "2025 revenue of US$489m was slightly above our forecast of US$488m and VA consensus of US$486m and was top end of the US$486-489m guidance range. Adjusted EBITDA of $93m, however, was a beat versus our forecast of US$90m and VA consensus of US$88m and was also above the US$87-92m guidance range. Cash at year end was US$495m which was ahead of our forecast of US$476m."

WIA Gold Ltd (ASX: WIA)

The WIA Gold share price is up 4% to 57.7 cents. This follows the release of additional significant assay results from recent drilling at its Kokoseb Gold Project in Namibia. The company revealed that results from 18 diamond drill holes targeting mineralised depth extensions beyond the current open-pit mineral resource estimate further confirm the continuity, scale, and robustness of high-grade plunging shoots. WIA Gold's managing director and CEO, Henk Diederichs, said: "These drilling results continue to confirm the continuity and scale of the high‑grade gold system at depth, further enhancing the prospectivity of an underground mining operation beyond the open pit shell."

The post Why EOS, GenusPlus, Life360, and WIA Gold shares are rising today appeared first on The Motley Fool Australia.

Shares in the African-focused gold miner closed yesterday trading for 47 cents. In morning trade on Thursday, shares are changing hands for, well, 47 cents apiece.

This leaves the Wia Gold share price up a stellar 291.7% since this time last year, smashing the 12-month 8.1% gains posted by the benchmark index.

Part of that meteoric rise has been driven by the surging gold price. One ounce of gold is currently trading for US$4,627. This puts the gold price up 72% over 12 months.

Investors have also been bidding up the ASX All Ords gold share amid the promising growth potential at its Namibian and Cote d'Ivoire projects, including its Kokoseb gold discovery in Namibia.

Here's what's happening today.

ASX All Ords gold share under new leadership

The Wia Gold share price is stable at the time of writing after the miner announced the appointment of Henk Diederichs as managing director and CEO. He will take over the reins on 1 February.

Diederichs is an engineer with more than 20 years of experience in the mining industry and has worked across various African jurisdictions. He is currently the chief operating officer of ASX All Ords gold share Predictive Discovery Ltd (ASX: PDI).

Predictive Discovery is advancing its Bankan Gold Project, located in Guinea, where Diederichs was said to have played a "pivotal role" in progressing Bankan through its Definitive Feasibility Study (DFS).

Prior to this, Diederichs served as the CEO of OreCorp Limited, helping drive the advancement of the Nyanzaga Gold Project, located in Tanzania. OreCorp was acquired by Perseus Mining Ltd (ASX: PRU) in April 2024.

What did management say?

Commenting on the leadership shakeup for the ASX All Ords gold share, Wia Gold chairman Josef El-Raghy said:

His appointment marks a milestone for the company as we accelerate Wia's transition from exploration to development, by progressing Kokoseb through the Definitive Feasibility Study phase, following the completion of the Scoping Study in September 2025.

Henk brings extensive leadership experience and a proven track record in successfully advancing resource projects through feasibility, development and into production, particularly across Africa.

Incoming managing director and CEO Diederichs said, "I am excited to lead the development and construction of Kokoseb, one of Africa's most promising and robust gold mining projects."

Diederichs added:

With the significant progress achieved to date and key milestones ahead, including the completion of the DFS and securing the necessary permits to bring Kokoseb into production, I look forward to building a strong development and operations team in Namibia to deliver a highly value accretive project that benefits all our stakeholders.

The post Up 298% in a year, ASX All Ords gold share welcomes new CEO 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:

29Metals Ltd (ASX: 29M)

The 29Metals share price is down 23% to 42 cents. This follows the release of an update from the copper miner in relation to its Golden Grove mine site in Western Australia. According to the release, there has been a further seismic event within the Xantho Extended orebody that could impact its zinc production. Management stated: "The time required to reinstate ground support to impacted Xantho Extended production levels to access high-grade zinc ore, previously planned for the December quarter, is currently being assessed. Accordingly, full year guidance for zinc production is withdrawn. Alternate ore sources, with lower zinc grades, will be mined whilst access to Xantho Extended is restricted."

Beach Energy Ltd (ASX: BPT)

The Beach Energy share price is down 2.5% to $1.15. This may have been driven by a pullback in oil prices overnight in response to oversupply concerns. In addition, Beach Energy was the subject of bearish broker note out of Citi this morning. According to the note, the broker has retained its sell rating and $1.05 price target on the energy producer's shares. It prefers other energy producers for exposure to this side of the market.

Newmont Corporation (ASX: NEM)

The Newmont share price is down 2% to $129.66. Investors have been selling this gold miner's shares after it announced the resignation of its CEO, Tom Palmer. The world's largest gold miner advised that Palmer will retire from his role and as a member of the board of directors on 31 December. He will be replaced by Natascha Viljoen, who is the current chief operating officer. Commenting on his exit, Palmer said: "After 12 years with Newmont, and almost 40 years in the mining industry, it is time for me to retire and hand over to Natascha to lead our Company through the next chapter in its storied history. It has been a privilege to serve as CEO of Newmont."

WIA Gold Ltd (ASX: WIA)

The WIA Gold share price is down 5.5% to 34.5 cents. This follows the release of the scoping study results for its Kokoseb Gold Project in Namibia. The company notes that the study confirms Kokoseb as an outstanding gold project. It will have an initial 11+ year life of mine, forecast production from an open pit mine of ~180 koz of gold per annum for the first five years, and an all-in sustaining cost (AISC) of US$1,265/oz. It seems that the market was expecting more from the study.

The post Why 29Metals, Beach Energy, Newmont, and WIA Gold shares are falling 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:

Bapcor Ltd (ASX: BAP)

The Bapcor share price is up 2.5% to $3.83. Investors may be buying this auto parts retailer's shares on the belief that they were oversold last week. The team at Macquarie isn't rushing in to buy shares, though. In response to Bapcor's update, the broker downgraded its shares to a neutral rating with a heavily reduced price target of $3.80. It said: "Downgrade to Neutral (from Outperform). Given the limited details provided in the trading update on segment performance and outlook trends, we have lower conviction in our forecasts and await further information at the FY25 results."

Ramelius Resources Ltd (ASX: RMS)

The Ramelius share price is up 2% to $2.65. This follows the release of the gold miner's quarterly update. Ramelius reported group gold production of 73,454 ounces at an all-in sustaining cost (AISC) of A$1,339 per ounce. It notes that the former exceeds the upper end of its upgraded production guidance range of 62,000 ounces to 72,000 ounces for the quarter. Ramelius boasted a sector leading ASIC margin of A$3,103 per ounce for the three months, which drove underlying free cash flow of A$207.8 million.

Sandfire Resources Ltd (ASX: SFR)

The Sandfire Resources share price is up 1% to $11.11. Investors have been buying this copper miner's shares following the release of its quarterly update. Sandfire posted a 12% increase in group copper equivalent production to 152.4kt for FY 2025. While this was 1% below its guidance for the year, it couldn't stop Sandfire from posting a 46% jump in underlying EBITDA to $528 million for the 12 months. Sandfire's CEO and Managing Director, Brendan Harris, said: "Despite record rainfall and a major power outage, MATSA once again processed 4.5Mt of ore in FY25 to deliver a 3% increase in CuEq production to 94.1kt, finishing the year an immaterial 1% below guidance that was set in July 2024."

WIA Gold Ltd (ASX: WIA)

The WIA Gold share price is up almost 2% to 29 cents. This follows the release of the gold developer's quarterly update this morning. Investors appear pleased with the progress the company is making at the Kokoseb Gold Project in Namibia. It reminded investors that recent drilling delivered an "increase in contained gold to 2.93 Moz Au, up 38%, to 89Mt at 1.0g/t (0.50 g/t Au cut-off)."

The post Why Bapcor, Ramelius, Sandfire, and WIA Gold shares are rising 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:

Domino's Pizza Enterprises Ltd (ASX: DMP)

The Domino's Pizza share price is up 3% to $17.48. This pizza chain operator's shares are bouncing back today after a brutal selloff on Tuesday. Investors were selling the company's shares after it announced the shock exit of its CEO after just 8 months in the job. Analysts at Ord Minnett appear to believe this is a buying opportunity. This morning, the broker has upgraded Domino's shares to a buy rating with a trimmed price target of $28.00.

NRW Holdings Limited (ASX: NWH)

The NRW Holdings share price is up almost 4% to $3.07. This has been driven by the release of an update this morning. NRW revealed that it has been awarded a contract by Rio Tinto Ltd (ASX: RIO) for work at its Brockman Syncline 1 mine development. It is located within the Brockman Mine Hub in the Pilbara region of Western Australia. The contract is scheduled to commence immediately with a peak workforce of over 300 people and is valued at approximately $167 million. The company stated: "NRW is pleased to be awarded this project with one of the world's leading mining companies. This is another significant project that NRW will undertake for Rio Tinto and continues to build on the longstanding relationship of delivering successful projects together."

Pro Medicus Ltd (ASX: PME)

The Pro Medicus share price is up 7% to $305.95. Investors have been buying the health imaging technology company's shares after it announced two new contracts worth a total of $190 million. The larger contract is a 10-year deal with UCHealth valued at $170 million. This will see Pro Medicus' Visage platform to replace legacy PACS throughout the Colorado-based health care system. Pro Medicus CEO Dr Sam Hupert said: "UCHealth is a very highly regarded health system providing outstanding care to patients in the Rocky Mountain region of the U.S. They join an ever-growing list of Visage 7 clients to opt for our fully cloud-based solution, which, as a result of our CloudPACS strategy, is becoming the standard in the North American healthcare IT market."

WIA Gold Ltd (ASX: WIA)

The WIA Gold share price is up 13% to 26 cents. This morning, this gold explorer released more promising drilling updates from its Kokoseb Gold Project in the north-west of Namibia. Executive chairman, Josef El-Raghy, said: "The potential to grow Kokoseb significantly is demonstrated by these outstanding results, underpinned by its best gold intercept to date – 50m at 12.00 g/t Au in KRC437. The Kokoseb deposit remains open at depth and along strike, with widths of consistent high grade in the Southern, Central and NW Zones. We look forward to announcing our updated Mineral Resource Estimate later this month, which will mark another important milestone in unlocking Kokoseb's significant value."

The post Why Domino's, NRW, Pro Medicus, and WIA Gold shares are charging higher today appeared first on The Motley Fool Australia.

At the time of writing, this gold explorer is up 13% to 26 cents.

Which ASX gold share?

The gold share rocketing this morning is WIA Gold Ltd (ASX: WIA).

It is the owner of the Kokoseb Gold Project in the north-west of Namibia. The company notes that is a country that is a well-recognised mining jurisdiction, with an established history as a significant producer of uranium, diamonds, gold and base metals.

This morning, the ASX gold share has released further positive assay results for 33 reverse circulation (RC) drill holes and 11 diamond drill holes (DD). This drilling totalled 11,192 metres and is part of its ongoing campaign to upgrade inferred resources and expand the 2.12Moz Kokoseb Gold Project.

According to the release, the southern zone RC results included the most significant gold intercept returned to date at Kokoseb. This includes 50m at 12.00 g/t Au from 188m.

In addition, shallow drilling at central zone has extended high-grade shoot with an unconstrained intercept of 118.3m at 1.46 g/t Au. Another positive is that complementary infill drilling for shallow resource conversion continues to return strong mineralisation.

Importantly, all zones at Kokoseb remain open at depth. This bodes well for future drilling and the highly anticipated mineral resource estimate, which management advised remains on track to be released later this month.

The ASX gold share's executive chairman, Josef El-Raghy, was pleased with the drilling results. Commenting on today's update, he said:

The potential to grow Kokoseb significantly is demonstrated by these outstanding results, underpinned by its best gold intercept to date – 50m at 12.00 g/t Au in KRC437. The Kokoseb deposit remains open at depth and along strike, with widths of consistent high grade in the Southern, Central and NW Zones. We look forward to announcing our updated Mineral Resource Estimate later this month, which will mark another important milestone in unlocking Kokoseb's significant value.

Big returns

It certainly has been an incredible 12 months for this ASX gold share. Thanks to excitement over the Kokoseb Gold Project and the sky high gold price, its shares have rocketed higher over the period.

In fact, following today's rise, the WIA Gold share price is now up a remarkable 189% since this time last year.

This means that a $2,500 investment a year ago would now be worth a sizeable $7,200.

The post Guess which ASX gold share is rocketing 13% on big news appeared first on The Motley Fool Australia.

The surging company in question is African-focused gold explorer Wia Gold Ltd (ASX: WIA).

One year ago, you could have bought Wia Gold shares for 11 cents apiece. In afternoon trade today, those same shares are changing hands for 22 cents apiece, up 100%.

The ASX All Ords gold stock has certainly been catching heady tailwinds from the fast-rising gold price.

Amid rising global uncertainties and strong central bank buying, the yellow metal's haven status has seen the gold price soar from US$2,314 per ounce 12 months ago to US$3,407 today, up 47.2%.

That's helped boost most gold stocks, with the S&P/ASX All Ordinaries Gold Index (ASX: XGD) up 62.3% in a year.

But with investors pricing in future growth from its Namibian and Cote d'Ivoire projects, Wia shares have also raced ahead of the All Ords Gold Index.

And, according to PAC Partners' James Nicolaou, Wia Gold could continue to outpace the market in the year ahead (courtesy of The Bull).

Here's why.

ASX All Ords gold stock well-placed for growth

"This explorer is advancing its recent Kokoseb gold discovery in Namibia," said Nicolaou, who has a buy recommendation on the ASX All Ords gold stock.

The first reason he's bullish on Wia Gold is its latest exploration results and the relatively low mining cost estimates.

Nicolaou said:

Wia recently released encouraging assay results from a drilling campaign involving a total of 33 holes across 7,414 metres. The 2.1 million ounce resource is already economic at US$1,800 an ounce.

The second reason Wia Gold could smash the benchmark returns again in the year ahead is a looming resource upgrade.

According to Nicolaou:

A gold resource upgrade is possible in the third quarter of fiscal year 2025. The company announced it was expanding mineralisation beyond the existing mineral resource estimate boundary.

And the third reason the ASX All Ords gold stock is a buy today is the potential for mergers and acquisitions.

"Demand for gold in Namibia underpins appealing merger and acquisition activity," Nicolaou said.

What's the latest from Wia Gold?

The ASX All Ords gold stock released the Kokoseb drill results Nicolaou mentioned above on 15 April.

Commenting on those results on the day, Wia Gold executive chairman Josef El-Raghy said:

Our drilling continues to confirm the consistency of mineralisation in both width and grade, which is expected to positively contribute to increased confidence in the Mineral Resource Estimate (MRE) and support a resource upgrade.

Wia is beginning to see significant results from the accelerated drilling campaign, with five to six rigs in operation since the beginning of the year. Importantly, we are expanding mineralisation beyond the current MRE boundary, further reinforcing our confidence in growth from the Kokoseb Gold Project.

As at 31 March, Wia Gold held a cash balance of $33.8 million (excluding trade creditors) with no debt.

The post 3 reasons to buy this surging ASX All Ords gold stock today appeared first on The Motley Fool Australia.