Shares in aspiring tin producer Elementos Ltd (ASX: ELT) are up almost exactly 100% over the past year, but the team at Shaw and Partners believes they have a way to go yet.

The broker has just issued a new research note on the company with a bullish share price target, which I’ll get to shortly.

First let’s have a look at what the company’s up to.

Spanish project is coming together

Elementos is developing its Oropesa project in Spain, where it currently waiting on the approval of its mining licence and its environmental approval.

Shaw and Partners said it expected the environmental approval to be granted in the next six to eight weeks, which would then trigger 30 days of public consultation.

 The broker added:

Once consultation commences, ELT will likely begin pre-final investment decision engineering studies, with Environmental permitting targeted by the end of Q1CY27 and the Mining Licence to follow after around four weeks of administration. We expect shovel-ready status by June CY27.

Elementos Chair Andy Greig said in the company’s recent annual report that the demand for its products would be high.

He said:

Tin’s importance as an essential technology metal has never been clearer. LME tin prices reached all-time highs in Q1 2026 and remained in the mid-US$50,000/t range for much of the year. Persistent global supply shocks and rising demand continue to validate the strategic theme on which Elementos’ strategy was founded.

Mr Greig said Oropesa had the potential to supply about 10% of Europe’s tin needs, and was one of few tin projects globally which was primed for development.

He added:

During the year, the Company significantly progressed the regulatory, commercial and funding work required to develop the Oropesa project. Importantly, our strategy now extends beyond concentrate production, with Elementos having executed a binding call option to acquire a 50% interest in Iberian Smelting SL, owner of the Robledollano tin smelter in Spain. This partnership establishes the foundations for a domestic mine-to-metal supply chain at a time when governments, manufacturers and investors are prioritising critical mineral security and resilience.

Elementos also owns the Cleveland project in Tasmania, which the company said contains substantial tin, copper and tungsten resources.

Shares looking cheap

Shaw and Partners said Elementos was rapidly derisking the Oropesa project and was strongly supported by the local government.

It has raised its share price target for the company from 65 cents to 70 cents, compared to 48 cents currently.

This would constitute an increase of 45.8% if achieved.

Elementos is valued at $210.4 million.

The post This small-cap ASX mining company could rise more than 45%, Shaw and Partners says appeared first on The Motley Fool Australia.

More reading

• Brokers tip these 3 ASX shares to jump 72% to 162%
• Guzman y Gomez in focus as Q1 FY27 sales jump 18.8%
• 17 ASX shares going ex-dividend next week
• IVV ETF and other iShares funds are paying dividends today. Here’s how much
• 2 ASX 200 shares tipped to rise 39% to 130%

Motley Fool contributor Cameron England 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.

The Guzman y Gomez Ltd (ASX: GYG) share price is in focus today after the company revealed an 18.8% jump in network sales to $387.5 million for the first quarter of FY27, with comparable sales up 7.1% and three new Australian restaurants opened.

What did Guzman y Gomez report?

• Q1 FY27 network sales climbed 18.8% to $387.5 million (Q1 FY26: $326.3 million)
• Comparable sales growth across the group reached 7.1% (Q1 FY26: 4.0%)
• Three new Australian restaurants opened, bringing the total to 258 in Australia and 286 globally
• 40 restaurants now trading 24/7, supporting daypart expansion
• Further enhancements to the GOMEX loyalty program and proprietary order management system

What else do investors need to know?

Guzman y Gomez made strong progress on strategic and operational initiatives, including new menu additions like Crispy Chicken Tenders and Honey Habanero Ranch sauce. The company also fully rolled out its new order management system across its Australian network, simplifying and digitising operations.

Digital engagement continues to rise, helped by improvements to the GOMEX loyalty program. Daypart expansion remains a focus, with increased restaurant trading hours and targeted growth in both lunch and dinner periods. GYG’s ongoing restaurant expansion was broad-based across formats and locations, underpinned by robust guest demand.

What’s next for Guzman y Gomez?

The company has reaffirmed its FY27 guidance, targeting mid-single digit comparable sales growth and underlying EBITDA margin expansion to 6.7–6.9%, up from 6.2% in FY26. GYG plans to open 35 net new Australian restaurants this financial year, with about 12 expected in Q2.

GYG is also extending its on-market share buyback program, with approval to purchase up to an additional $100 million of shares. The timing and volume of purchases depend on market conditions and ASX rules.

Guzman y Gomez share price snapshot

Over the past 12 months, Guzman Y Gomez shares have risen 3%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 3% over the same period.

View Original Announcement

The post Guzman y Gomez in focus as Q1 FY27 sales jump 18.8% appeared first on The Motley Fool Australia.

More reading

• Domino’s Pizza Enterprises vs Guzman y Gomez: Which fast food stock offers better value?
• 2 top ASX shares to buy and hold for the next decade
• Top brokers name 3 ASX shares to buy next week
• These 2 ASX fast food companies could jump 23% to 33%
• Buy, hold, sell: Aurizon, Car Group, Guzman y Gomez shares

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.

Another group of S&P/ASX All Ords Index (ASX: XAO) shares will go ex-dividend next week.

To receive an upcoming dividend, you must own an ASX share prior to its ex-dividend date.

We’re helping you keep track of ex-dividend dates with an article every Friday.

Here is next week’s group.

ASX shares with ex-dividend dates next week

Civmec Ltd (ASX: CVL)

This ASX industrials share will pay a 100% franked dividend of 3.5 cents per share on 23 October.

The ex-dividend date is Monday, 12 October.

Washington H. Soul Pattinson and Co Ltd (ASX: SOL)

Soul Patts shares will pay a 100% franked dividend of 63 cents per share on 5 November.

The ex-dividend date is Monday.

Dominion Income Trust 1 (ASX: DN1)

Dominion shares will pay an unfranked dividend of 63.3 cents per share on 20 October.

The ex-div date is Monday.

Turners Automotive Group Ltd (ASX: TRA)

This ASX consumer discretionary share will pay an 85% franked dividend of 5.6 cents per share on 29 October.

The ex-dividend date is Monday.

Sandon Capital Investments Ltd (ASX: SNC)

Sandon shares will pay a 100% franked dividend of 0.005 cents per share on 30 October.

The ex-dividend date is Tuesday, 13 October.

Star Combo Pharma Ltd (ASX: S66)

This consumer staples share will pay a 100% franked dividend of 0.003 cents per share on 30 October.

The ex-div date is Tuesday.

Perenti Ltd (ASX: PRN)

Perenti shares will pay an unfranked dividend of 4.5 cents per share on 28 October.

The ex-dividend date is Tuesday.

United Overseas Australia Ltd (ASX: UOS)

This ASX X share will pay an unfranked dividend of 2 cents per share on 5 November.

The ex-div date is Wednesday, 14 October.

Rivco Australia Ltd (ASX: RIV)

This ASX real estate share will pay a 100% franked dividend of 1.8 cents per share on 30 October.

The ex-dividend date is Thursday, 15 October.

Cobram Estate Olives Ltd (ASX: CBO)

Cobram Estate Olives shares will pay a 100% franked dividend of 4.5 cents per share on 6 November.

The ex-div date is Thursday.

WAM Research Ltd (ASX: WAX)

This listed investment company (LIC) will pay a 50% franked dividend of 5 cents per share on 28 October.

The ex-dividend date is Thursday.

K & S Corporation Ltd (ASX: KSC)

This ASX industrials share will pay a 100% franked dividend of 6 cents per share on 4 November.

The ex-div date is Thursday.

Horizon Oil Ltd (ASX: HZN)

This ASX energy share will pay an unfranked dividend of 1 cent per share on 23 October.

The ex-dividend date is Thursday.

Acorn Capital Investment Fund Ltd (ASX: ACQ)

Acorn shares will pay a 100% franked dividend of 3.5 cents per share on 6 November.

The ex-div date is Thursday.

Australian Foundation Investment Company (ASX: AFI)

This ASX financial share will pay a 100% franked dividend of 9.2 cents per share on 12 November.

The ex-dividend date is Thursday.

WAM Microcap Ltd (ASX: WMI)

WAM Microcap shares will pay a 100% franked dividend of 5.3 cents per share on 29 October.

The ex-div date is Friday, 16 October.

Gowing Bros Ltd (ASX: GOW)

This ASX financial share will pay a 100% franked dividend of 3 cents per share on 6 November.

The ex-dividend date is Friday.

The post 17 ASX shares going ex-dividend next week appeared first on The Motley Fool Australia.

More reading

• 2 ASX passive income share ideas I’d use to generate $600 a month in 2027
• Why this top broker is buying Charter Hall, Soul Patts, and Wesfarmers shares
• Soul Patts vs GQG Partners: Which is the stronger pick?
• These 2 ASX shares make up around 40% of my portfolio
• A leading fund just bought these top ASX 200 shares

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 Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.