• Regis Resources upgrades FY27 production guidance and cost outlook

    gold, gold miner, gold discovery, gold nugget, gold price,

    The Regis Resources Ltd (ASX: RRL) share price is in focus after the company lifted its FY27 production guidance, aiming for 360,000–400,000 ounces of gold at a group all-in sustaining cost of $2,990–$3,390 per ounce.

    What did Regis Resources report?

    • FY27 group gold production guidance: 360,000–400,000 ounces
    • Group all-in sustaining cost (AISC): $2,990–$3,390 per ounce, including ~$88/oz of non-cash stockpile movements
    • Growth capital expenditure forecast: $250–$270 million
    • Exploration spend guidance: $80–$90 million
    • McPhillamys Project spending: $30–$35 million planned
    • Correction to 30 June 2026 cash and bullion: revised to $1.184 billion after timing adjustment

    What else do investors need to know?

    Production at the Duketon operation is expected to be higher in FY27, with a bias towards the second half, driven by increased output from Garden Well and Rosemont. Duketon is also leveraging the higher gold price by processing additional lower margin ounces at Moolart Well without impacting higher margin production elsewhere.

    At Tropicana, the company expects a slight dip in production year on year, reflecting more processing of lower grade stockpile ore as Havana’s open pit output reduces. Group AISC is impacted by higher diesel costs and the inclusion of higher cost, but still profitable, ounces from BuckWell.

    A correction to previously disclosed cash and bullion holdings at 30 June 2026 reduces the balance by $26 million, but does not affect FY26 reported gold production or closing cash.

    What’s next for Regis Resources?

    Regis plans to continue ramping up production at Duketon and advance the Rosemont Stage 3 underground project, targeting commercial production in late FY27. Growth capital will be front-loaded into the first half of the financial year as new open pit projects come online.

    Increased exploration and sustained investment in the McPhillamys Project are intended to underpin future growth. The company remains focused on managing costs amid volatile diesel prices, with each 10 cents per litre variation affecting AISC by about $25 an ounce.

    Regis Resources share price snapshot

    Over the past 12 months, Regis Resources shares have risen 39%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 2% over the same period.

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    The post Regis Resources upgrades FY27 production guidance and cost outlook appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Regis Resources right now?

    Before you buy Regis Resources shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Regis Resources wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Coles ends talks for Greencross acquisition

    cat using a laptop

    The Coles Group Ltd (ASX: COL) share price is in focus today after the company confirmed it has ended talks concerning a possible acquisition of Greencross Pet Wellness Company. Coles says it regularly assesses strategic opportunities, but has chosen not to progress with this particular deal.

    What did Coles report?

    • Coles Group has ceased discussions with TPG Capital about acquiring Greencross Pet Wellness Company.
    • No terms or financial details were finalised or disclosed as talks have concluded.
    • Coles reconfirms its ongoing disciplined approach to potential acquisitions and strategic growth opportunities.
    • The company remains one of Australia’s leading supermarket and retail groups.

    What else do investors need to know?

    Coles originally announced the talks with Greencross on 1 July 2026. With the discussions now closed, no further negotiations or due diligence will take place regarding this acquisition. Investors will now be looking to see what other strategic moves, if any, Coles may pursue in the future.

    Coles has emphasised its careful and methodical approach to mergers and acquisitions. This signals to shareholders that while the company remains open to growth opportunities, it will not proceed with deals unless they align with its broader strategic priorities.

    What’s next for Coles?

    Looking ahead, Coles is expected to continue reviewing potential partnerships or acquisitions that could complement its core supermarket and retail operations. Management’s decision to step back demonstrates discipline and a focus on protecting shareholder value.

    The company has not signalled any immediate alternative acquisitions. Investors should watch for future company updates regarding growth initiatives or developments in its existing business portfolio.

    Coles Group share price snapshot

    Over the past 12 months, Coles shares have risen 10%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 2% over the same period.

    View Original Announcement

    The post Coles ends talks for Greencross acquisition appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Coles Group right now?

    Before you buy Coles Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Coles Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • AMP shares rebound 64%: Buy, sell or hold?

    A young man punches the air in delight as he reacts to great news on his mobile phone.

    AMP Ltd (ASX: AMP) shares jumped almost 10% higher on Thursday, closing the day at $1.90 a piece.

    The impressive daily increase came off the back of a positive first-half earnings update out of the company on Thursday morning.

    The financial services company said in a statement to the ASX that it expects underlying net profit to come in at $170 to $180 million. This is significantly higher than the $131 million reported for the same period last year. Investors rushed to snap up the stock, sending the share price flying.

    The news isn’t the only tailwind AMP shares have enjoyed over the past couple of months. 

    After crashing to an annual low in mid-March, the stock has slowly but steadily recovered the losses shed. At the time of writing, the shares have now rebounded 64% from their low, and are now up around 4% for the year-to-date.

    Why have AMP shares rebounded from their low?

    AMP shares crashed around 26% in February after it posted a disappointing FY25 result. It came in far below expectations, and investors were disgruntled.

    Ongoing geopolitical tensions and concerns about Australia’s inflation data rate also weighed heavily on financial shares throughout the first half of the year.

    Later in April, AMP’s first-quarter update was a little more positive. The company reported 45% growth in Platforms’ net cash flows and improved Superannuation & Investments (S&I) net cash outflows in April. The result proved that business growth is underway and revealed momentum across several key divisions. 

    Investors were happy with the results and some confidence was restored. Now it looks like investors have become increasingly confident that the company’s turnaround can translate into a better financial performance and improved shareholder returns.

    AMP has also benefited from renewed expectations that the Reserve Bank of Australia will start to ease interest rates. Lower interest rate expectations generally boost sentiment for financial stocks like AMP. 

    Are they a buy, sell or hold now?

    The experts are mostly bullish on the outlook for AMP shares over the next 12 months. But after Thursday’s huge share price spike, it’s unclear exactly what upside we can expect next.

    Market Index data shows the majority of brokers have a buy rating on AMP shares. The $1.79 average target price, however, now implies a potential 2% downside ahead.

    TradingView data shows something very similar. The majority (six out of 10) have a buy or strong buy rating on AMP shares. Another three rate the stock as a hold.

    The average $1.82 target price now implies a potential 4% downside ahead. Although some think that the shares have the potential to climb another 3% higher to $1.95 a piece.

    I expect that after yesterday’s news, and share price surge, we may see a flurry of brokers and analysts revise their expectations for AMP shares in coming days.

    The post AMP shares rebound 64%: Buy, sell or hold? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Amp right now?

    Before you buy Amp shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Amp wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Samantha Menzies 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.