News

acquarie Equities has maintained its Outperform recommendation for nickel developer Mincor Resources (ASX: MCR)

Macquarie Equities has maintained its Outperform recommendation for nickel developer Mincor Resources (ASX: MCR) in the wake of its well-received December quarterly report, issuing a 12-month price target of $1.40 per share. Mincor shares were trading yesterday at around $1.03 per share. In an updated research note, Macquarie says Mincor has commenced development activities at its Durkin North and Cassini mines at Kambalda, with total development metres in line with DFS estimates.

read more

The value of lithium developer Liontown Resources (ASX: LTR) is “increasingly leveraged” to exploration success at its earlier stage Moora exploration project in WA, according to Bell Potter Securities

The value of lithium developer Liontown Resources (ASX: LTR) is “increasingly leveraged” to exploration success at its earlier stage Moora exploration project in WA, according to Bell Potter Securities, but remains underpinned by its “globally significant” Kathleen Valley lithium project. In an updated research note, Bell Potter analyst Stuart Howe has increased his risked valuation of the stock to 55c (compared with its current price of ~40c) and reiterated a Speculative BUY recommendation.

read more

Perth-based broker Argonaut Securities has maintained its Speculative Buy recommendation at a revised valuation of 12c per share

Perth-based broker Argonaut Securities has maintained its Speculative Buy recommendation at a revised valuation of 12c per share (previously 10c) for gold developer Genesis Minerals (ASX: GMD). The stock is currently trading around 8c. In an updated research note, Argonaut analyst Royce Haese has compiled an “updated development scenario” for the company’s flagship Ulysses gold project in WA, factoring in recent exploration results and with an updated mineral resource estimate and feasibility study imminent.

read more

East Coast corporate advisory and equity capital markets outfit Rawson Lewis has increased its valuation of Bardoc Gold (ASX: BDC) to 22c/share and its price target to 18c/share, after the WA gold developer snared a crucial gold concentrate off-take deal

East Coast corporate advisory and equity capital markets outfit Rawson Lewis has increased its valuation of Bardoc Gold (ASX: BDC) to 22c/share and its price target to 18c/share, after the WA gold developer snared a crucial gold concentrate off-take deal just before Christmas.

read more

A maiden resource and Pre-Feasibility Study on the planned resumption of copper production at its brownfields Antler copper mine in Arizona, USA are some of the highlights to look out for early next year from copper developer New World Resources

A maiden resource and Pre-Feasibility Study on the planned resumption of copper production at its brownfields Antler copper mine in Arizona, USA are some of the highlights to look out for early next year from copper developer New World Resources (ASX: NWC), according to boutique investment and corporate advisor Peloton Capital.

read more

Euroz Hartleys has upgraded its price target for nickel developer Centaurus Metals (ASX: CTM) in the wake of a standout nickel hit and an update to the Perth-based broker’s medium-term nickel price forecast.

Euroz Hartleys has upgraded its price target for nickel developer Centaurus Metals (ASX: CTM) in the wake of a standout nickel hit and an update to the Perth-based broker’s medium-term nickel price forecast. “This has prompted a revision of our back-of-the-envelope initial Jaguar development,” wrote Euroz Hartleys analyst Jon Bishop in an updated note, referring to Centaurus’ flagship Jaguar nickel sulphide project in north-eastern Brazil. “Our valuation increases to 86c and we set our price target at 85c, cognisant of a firm nickel price macro,” he said.

read more

Liontown Resources (ASX: LTR) recently unveiled a potential downstream strategy for its flagship lithium Kathleen Valley project in WA following a highly successful Pre-Feasibility Study

Liontown Resources (ASX: LTR) recently unveiled a potential downstream strategy for its flagship lithium Kathleen Valley project in WA following a highly successful Pre-Feasibility Study – and the results have prompted a top Sydney analyst to upgrade his valuation of the fast-growing lithium developer.

read more

Centaurus Metals (ASX: CTM) gave the market a timely reminder this week of the growth potential of its flagship Jaguar nickel sulphide project in Brazil

Centaurus Metals (ASX: CTM) gave the market a timely reminder this week of the growth potential of its flagship Jaguar nickel sulphide project in Brazil with news of an impressive new +30m semi-massive and massive sulphide intercept at the cornerstone Jaguar Central deposit. According to global fund manager Sprott, the strong drilling result shows the upside to the deposit’s existing global resource of 534,000 tonnes of nickel metal at an average grade of 1.1%.

read more

Upcoming Events

View All

7th - 8th Jun 2022

RRS 2022 Gold Coast Conference

We're delighted to be returning to the RACV Royal Pines Resort on the Gold Coast in 2022 for our 19th annual Resources Rising Stars Investor Conference.

© 2022 Resources Rising Stars All Rights Reserved