Why Boss Energy, Coles, Evolution Mining, and Mineral Resources shares are charging higher today

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a strong gain. At the time of writing, the benchmark index is up 1% to 8,749.8 points.

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 4% to $1.45. This may have been driven by a broker note out of Bell Potter this morning. According to the note, the broker has retained its buy rating and $1.80 price target on its shares. It commented: “We maintain our Buy recommendation and target price. The critical catalyst for BOE remains the upcoming results from the wide-spaced wellfield program. BOE has leverage to rising uranium prices which we hold a positive long term view on.”

Coles Group Ltd (ASX: COL)

The Coles Group share price is up 2% to $22.55. Investors have been buying the supermarket giant’s shares following the release of its third-quarter sales update. Coles reported total group sales revenue of $10.7 billion for the 12 weeks to 29 March 2026, representing a 3.1% increase on the prior corresponding period. The Supermarkets division was the key driver of this growth. It delivered sales revenue of $9.8 billion, which was up 4% on the prior corresponding period. Comparable sales increased by 3.6%. Coles Group CEO, Leah Weckert, said: “We delivered another strong sales result reflecting the strength of our customer offer and disciplined execution against our strategic priorities.”

Evolution Mining Ltd (ASX: EVN)

The Evolution Mining share price is up 2.5% to $12.20. This morning, this gold miner released its annual mineral resources and ore reserves statement. The company revealed that its group mineral resources have grown to 31 million ounces of gold and 4.2 million tonnes of copper. Evolution Mining’s CEO, Lawrie Conway, said: “Our Mineral Resources and Ore Reserves Statement for December 2025 has seen Group Mineral Resources grow to 31Moz of contained gold. This demonstrates the scale and longevity of our long-life, high-quality portfolio, complemented by our current expansion studies that offer further upside. We also see clear potential to grow copper resources from the current 4.2Mt, with targeted exploration accelerating around Ernest Henry and Northparkes over the next year.”

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is up 4% to $66.49. This may have also been driven by a bullish broker note out of Bell Potter. This morning, the broker retained its buy rating on the mining and mining services company’s shares with an improved price target of $75.00. It said: “MIN is positioned to benefit from current lithium market pricing strength, holding around 213ktpa (SC6 attributable, pre-POSCO deal completion) of offline spodumene production capacity. MIN’s mining services platform delivers a stable earnings stream that is expected to expand with internal and third-party volume growth.”

The post Why Boss Energy, Coles, Evolution Mining, and Mineral Resources shares are charging higher today appeared first on The Motley Fool Australia.

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• Why is everyone talking about ANZ, Evolution Mining and Coles shares on Friday?
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• Are Mineral Resources shares a buy in May?
• Why are Coles shares falling today?

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 no position in any of the stocks mentioned. 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.