The Tivan Ltd (ASX: TVN) share price is in focus after the company received final approvals to commence its maiden drilling program at Walshy’s Wall within the Sandover Fluorite Project. High-grade manganese samples up to 44.8% and fluorite at 98.4% CaF₂ were previously identified.

What did Tivan report?

• Regulatory approval secured from the Northern Territory Government for drilling at Walshy’s Wall
• Sacred Site Clearance Certificate received from the Central Land Council
• Maiden staged program planned: 31 reverse circulation drill holes, with nine priority holes commencing October
• Rock chip sampling returned manganese grades up to 44.8% Mn and fluorite up to 98.4% CaF₂
• Elevated copper (up to 0.5%), beryllium (up to 50ppm) and tungsten (up to 0.12%) levels identified

What else do investors need to know?

Tivan’s drilling program at Walshy’s Wall represents the company’s first systematic test of this recently discovered manganese-barite gossan. The approvals bring the drill program within the environmental and cultural heritage requirements of the Sandover project and reflect the support of both the Northern Territory Government and Traditional Owners.

The drill campaign is set to target the strongest geochemical anomalies identified during recent field work. Stage One drilling will focus on the most prospective sections, while Stage Two may expand based on initial results.

What did Tivan management say?

Executive Chairman Grant Wilson said:

We are very pleased to have secured these approvals on a timely basis, that will enable Tivan’s geology team to complete a maiden drilling program at Walshy’s Wall before the summer heat arrives. We extend sincere thanks to the Northern Territory Government and the Central Land Council.

What’s next for Tivan?

Tivan’s team is preparing to mobilise for the Stage One drilling, which will commence in October. This first stage will help the company determine if the strong surface mineralisation is mirrored at depth.

The results from the initial drilling will guide the potential rollout of Stage Two, testing the broader scale and continuity of the mineralised system. Tivan aims to unlock further value at the Sandover project and progress exploration efficiently within approved guidelines.

Tivan share price snapshot

Over the past 12 months, Tivan shares have risen 140%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

View Original Announcement

The post Tivan gets green light for maiden drilling at Sandover Fluorite Project appeared first on The Motley Fool Australia.

More reading

• Tivan receives $3m IPCM grant for Speewah Fluorite Project
• Tivan appoints advisor for Speewah Fluorite Project finance update

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.

S&P/ASX 200 Index (ASX: XJO) shares are up 0.74% to 9,168.7 points on Tuesday.

All 11 market sectors of the ASX 200 are in the green today.

Healthcare leads the pack, up 1.1%, extending its impressive recent rebound.

ARB Corporation Ltd (ASX: ARB) is the fastest riser of the ASX 200 today, up 18% on its FY26 report.

Meanwhile, Morgans has issued some new notes on three ASX shares.

They include BHP Group Ltd (ASX: BHP) shares, which hit a new all-time high today.

Let’s take a look.

Judo Capital Holdings Ltd (ASX: JDO)

The Judo Capital share price is $1.03, up 6.4% today and down 42% over 12 months. 

Judo Capital shares are the fourth fastest riser on the local bourse despite no significant announcements today.

Morgans has a buy rating on this ASX bank share after its FY26 results.

The broker said: 

FY26 PBT landed towards the top end of the revised guidance range and FY27 guidance was reaffirmed offering strong earnings growth.

EPS forecasts moderated 2-6%.

The broker shaved its 12-month price target from $1.47 to $1.42.

This suggests a potential 40% upside ahead.

Healius Ltd (ASX: HLS)

The Healius share price is 43 cents, down 0.7% today and down 49% over 12 months. 

Since the healthcare sector began its long-awaited rebound on 3 June, Healius shares have soared 29%.

Morgans has a hold rating on this ASX 200 healthcare share following its FY26 report.

The broker said: 

FY26 results were mixed, with revenue and underlying EBITDA broadly in line, but underlying EBIT 5% below consensus and at the bottom of guidance, reflecting still-thin Pathology margins.

Encouragingly, Pathology EBIT margin improved materially in 2H, while labour costs fell 2.9% and group cost growth was contained.

Agilex was again a clear positive, with revenue and earnings growth ahead of expectations.

While FY27 EBIT guidance of A$39.7m is broadly in line with expectations, the T27 target for mid-to-high single-digit EBIT margins was extended by c18 months to Dec-28, leaving us cautious on the pace and sustainability of earnings leverage.

The broker increased its price target to 43 cents, implying the stock is fully valued.

BHP Group Ltd (ASX: BHP)

The BHP share price is $67.93, up 1.2% today and up 57% over 12 months. 

BHP shares reached a new record of $68.22 in earlier trading on Tuesday.

Morgans downgraded BHP shares to a sell call after its FY26 report on 18 August.

The broker explained: 

A solid FY26 result, with an upsized final dividend of US 99cps, against a share price that appears to already factor in more upside, we lower our rating to TRIM.

Metal prices were a key driver, but BHP also maintained a solid operating performance on controllable factors against a tough backdrop in FY26.

The broker reduced its 12-month price target from $59.80 to $55.30.

This suggests a potential 18% downside ahead.

The post Buy, hold, sell: Judo Capital, Healius, BHP shares appeared first on The Motley Fool Australia.

More reading

• BHP share price hits new record high
• $6,000 invested in BHP shares 12 months ago is now worth….
• VGS vs VHY: Which Vanguard ETF comes out on top?
• With profits surging to $13.7 billion, are BHP shares a buy, hold or sell now?
• BHP shares just hit a record high. Can the run continue?

Motley Fool contributor Bronwyn Allen 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 ARB Corporation. The Motley Fool Australia has recommended ARB Corporation and BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The ASX reporting season continues, with ASX majors Electro Optic Systems Holdings Ltd (ASX: EOS), PLS Group Ltd (ASX: PLS), and Bendigo and Adelaide Bank Ltd (ASX: BEN) posting their results this week.

Let’s recap how the shares are tracking today and whether brokers rate them a buy, sell, or hold.

Buy EOS shares

EOS posted a huge 283% hike in its half-year revenue this morning, and a reduced net loss of $32.9 million. Underlying EBITDA swung into profit, and its net assets grew to $391.6 million.

Going forward, EOS expects continued strong demand, driven by defence spending and escalating global interest in counter-drone technologies. 

Management has forecast FY26 revenue (including MARSS) of $360 million to $400 million, assuming global supply chains remain steady. If this comes to fruition, this would be a record result.

Clearly, investors are thrilled with the result. EOS shares are up around 13% in morning trade and changing hands at $9.75 apiece. Today’s increase means the shares are now just 2% lower year to date but a huge 93% higher than 12 months ago.

Brokers are also incredibly bullish about the outlook for EOS shares. TradingView data shows that all analysts rate the stock a strong buy. The average $13.64 target price implies a potential 40% upside at the time of writing.

Buy PLS shares

PLS posted its FY26 earnings results ahead of the market open on Monday morning. The company announced a 152% increase in revenue, a 59% increase in underlying EBITDA, and a swing into profit in NPAT (from a loss in the prior corresponding period).

The company has also announced a 5-cent-per-share, fully-franked final dividend for FY26. This is great news for investors after PLS suspended its dividend payouts in 2024 amid cratering global lithium prices.

PLS shares jumped 7% higher following the results announcement yesterday, but the share price has softened again today. At the time of writing, PLS shares are down around 4% and trading at $5.26 per share. For the year to date, shares are still up 22%.

Analysts’ sentiment about the outlook for PLS shares is divided, but the majority hold a buy/strong buy rating on the shares. The average $5.36 target price implies a potential 2% upside ahead.

Sell Bendigo and Adelaide Bank shares

Bendigo and Adelaide Bank also ported its FY26 results on Monday. The bank reported a 3% increase in cash earnings, statutory net profit after tax of $375.1 million, and a fully-franked final dividend of 33 cents per share.

Investors appear to be mostly neutral about the result, and the share price ended the day around 0.5% lower on Monday. But this morning, there seems to be an injection of confidence back into the bank stock.

At the time of writing, the ASX bank shares are up around 3% and changing hands for $10.76 a piece. The increase means the shares are now around 1.5% higher year to date.

The experts are quite reserved about what’ll happen to Bendigo and Adelaide Bank shares next, however. The majority (nine out of 14) have a hold rating on the shares, and the average $10.33 target price implies a potential 4% downside, at the time of writing.

The post Buy, hold, sell: Bendigo and Adelaide Bank, PLS, EOS shares appeared first on The Motley Fool Australia.

More reading

• EOS shares rocket 13% today. Can the rally keep going?
• What is this broker’s updated view on PLS shares after big results?
• Electro Optic Systems half-year earnings surge on booming defence demand
• 3 great dividend stocks with 6% yields to boost passive income in FY27
• 5 things to watch on the ASX 200 on Tuesday

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 positions in and has recommended Electro Optic Systems. The Motley Fool Australia has positions in and has recommended Bendigo And Adelaide Bank. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.