Why Capstone Copper, Catalyst Metals, DroneShield, and Wildcat shares are rising today

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week in a positive fashion. At the time of writing, the benchmark index is up 0.4% to 8,896.9 points.

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

Capstone Copper Corp (ASX: CSC)

The Capstone Copper share price is up 7.5% to $15.69. Investors have been buying this copper miner’s shares after it reported a record performance for FY 2025. Capstone Copper revealed that it achieved its annual copper production guidance for FY 2025, delivering record annual copper production of 224,764 tonnes. This was up 22% compared to FY 2024 and 37% compared to FY 2023. Capstone Copper’s CEO, Cashel Meagher, said: “2025 marked an inflection point for Capstone, with the successful execution of several key catalysts delivering transformational copper growth. For the fourth year in a row, we achieved record consolidated copper production, driving a 22% increase in output year-over-year.”

Catalyst Metals Ltd (ASX: CYL)

The Catalyst Metals share price is up 13% to $8.85. On Thursday, the gold miner released a strong quarterly update. Catalyst Metals produced 28,176 ounces of gold with an average all-in sustaining cost (AISC) of A$2,565 per ounce. Looking ahead, it has retained its FY 2026 guidance of 100,000 ounces to 110,000 ounces of gold production at an AISC of A$2,200 to A$2,650 per ounce. In response, Bell Potter retained its buy rating with a vastly improved price target of $13.50. It said: “OP mining at Trident is expected to conclude in 2HFY26, transitioning to high grade UG operations. We forecast Trident UG to reach steady state of ~50kozpa by 2027. These five mines are to underpin CYL’s 10-year ~200kozpa strategy, which we forecast to be achieved by FY29.”

DroneShield Ltd (ASX: DRO)

The DroneShield share price is up 8% to $4.41. After the market close on Thursday, the counter drone technology company revealed that it has been selected for the Australian Government’s Project LAND 156 C-sUAS Services Standing Offer Panel. It notes that the Panel arrangement enables Defence to procure DroneShield’s counterdrone services through selective and limited tender. The company’s CEO, Oleg Vornik, said: “We welcome the opportunity to support Defence through this Panel arrangement and stand ready to deliver battle-proven, software-defined C-sUAS solutions.”

Wildcat Resources Ltd (ASX: WC8)

The Wildcat Resources share price is up 3.5% to 45 cents. This follows the release of the lithium developer’s quarterly update. It advised that during the quarter, it advanced its Pilbara lithium portfolio through continued exploration success and development progress. This includes drilling at the Bolt Cutter Central Lithium Project, 10km west of Tabba Tabba, which expanded a large, stacked spodumene-bearing pegmatite system that remains open. Diamond drilling is planned for early 2026.

The post Why Capstone Copper, Catalyst Metals, DroneShield, and Wildcat shares are rising today appeared first on The Motley Fool Australia.

More reading

• Up 555% in a year. Is Droneshield the ASX’s hottest stock or the riskiest?
• Buy, hold, sell: Catalyst Metals, NRW, and Paladin Energy shares
• Guess which ASX copper stock is jumping 7% on record results
• Guess which surging ASX All Ords lithium share is smashing the benchmark again today
• $10,000 invested in WIRE ETF a year ago is now worth…

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.