Mineral Resources Ltd (ASX: MIN) shares are jumping higher in morning trade on Thursday.

At the time of writing, the shares are up around 5% for the day and are changing hands for $69.94 a piece.

At one point earlier this morning the shares were trading as high as $70.48 each.

Today’s increase follows an incredible rally over the past month, where Mineral Resources shares have climbed 28%.

It’s great news for investors after a volatile run for the ASX miner so far this year. The shares have swung wildly, ranging from $23.12 to $74.94 over the past 12 months.

For the year-to-date, the shares are now up 26%, and they’re a huge 87% higher than 12 months ago.

Why are investors snapping up the shares today?

Mineral Resources’ posted its FY26 earnings results to the ASX this morning.

The lithium miner reported a 44% increase in revenue year-on-year, a 183% increase in underlying EBITDA, a huge 831% hike in underlying NPAT, and a 236% increase in reported NPAT.

Management also announced it would bring back shareholder dividends. For FY26, the miner will pay out a full-franked dividend of 83 cents per share.

The announcement makes history as the company’s strongest-ever annual results.

Mineral Resources said its record performance was driven by growth in the company’s Mining Services division, the ramp-up of Onslow Iron to nameplate capacity, and improved results in its lithium operations. 

The company’s net debt fell by $1.1 billion to $4.3 billion, with liquidity doubling to $2.4 billion.

The miner plans to continue growth across every operating division in FY27.

It looks like investors are impressed with the update, and many are loading up on shares this morning.

Are Mineral Resources shares a buy, sell or hold following its FY26 results announcement?

I expect that market expects may revise their forecasts on the Mineral Resources share price in coming days, following the results announcement.

At the time of writing it looks like the majority are very bullish on where the shares can go over the next 12 months, but after the latest rally, average target prices mostly imply some element of downside ahead.

Market Index data shows the majority of brokers have a buy rating, but the $65.71 target price now implies around a 6% downside, at the time of writing.

Similarly, on TradingView, the majority (nine out of 16) have a buy/strong buy rating on the lithium miner’s shares. The average $68.40 implies a downside of around 2%, at the time of writing.

The post Mineral Resources shares jump 5% today: Buy, sell or hold? appeared first on The Motley Fool Australia.

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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.

The St George Mining Ltd (ASX: SGQ) share price is rising on Thursday after announcing a major step toward establishing a rare earths processing centre in Minas Gerais, Brazil, with local partner Lima & Pergher and strong State government support.

What did St George Mining report?

• Signed a collaboration agreement with Lima & Pergher and the State of Minas Gerais to create a rare earths processing centre
• The centre will offer processing services to rare earths projects, including St George’s Araxá Project
• St George’s Araxá Mineral Resource now stands at 111.2Mt @ 3.57% TREO and 0.57% Nb₂O₅
• The agreement supports a fully domestic Brazilian mine-to-magnet supply chain
• St George may supply feedstock and technical expertise for the centre’s development

What else do investors need to know?

St George’s Araxá Project is the largest high-grade carbonatite-hosted rare earths resource in South America, bolstering the company’s position in the critical minerals sector. The proposed processing facility in Uberlândia benefits from being located within a major industrial complex, offering established infrastructure and access to a skilled workforce.

The State of Minas Gerais will support licensing, promote connections with suppliers, and help with tax incentives. St George is also advancing discussions with potential offtake and downstream processing partners from the US, Asia, and Europe.

What did St George Mining management say?

John Prineas, Executive Chairman of St George Mining, said:

We are honoured to have been selected by the State to partner on the potential establishment of a rare earths processing centre which could have the capability to separate rare earths, refine rare earths and produce materials for rare earths magnet making. This is an opportunity to establish midstream rare earths processing in Minas Gerais that will build out Brazil’s mine-to-magnet supply chain.

What’s next for St George Mining?

St George and its partners will assess the feasibility of the new processing centre, aiming for operations to commence by 2030, subject to investment decision and approvals. In parallel, St George is conducting a feasibility study for the Araxá Project, de-risked by its upgraded mineral resource.

These initiatives support St George’s growth as a significant player in the critical minerals and rare earths supply chain in Brazil and globally.

St George Mining share price snapshot

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The post St George Mining announces rare earths processing centre in Brazil appeared first on The Motley Fool Australia.

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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. 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.

The Beacon Lighting Group Ltd (ASX: BLX) share price is up 14% to $1.98 on Thursday after the company posted 3.4% higher revenue of $340 million, but an 8.1% dip in net profit after tax to $27 million for FY26.

What did Beacon Lighting Group report?

• Revenue rose 3.4% to $340 million
• Net profit after tax decreased 8.1% to $26.99 million
• Final dividend declared at 3.4 cents per share, fully franked
• Net tangible assets per share increased to 77.5 cents (up from 73.8 cents last year)
• Dividend reinvestment plan was suspended during the year

What else do investors need to know?

Beacon Lighting maintained revenue growth despite the tougher retail environment, although profit was softer compared to last year. The final fully franked dividend adds to earlier payments, reflecting the company’s continued commitment to shareholder returns.

The company’s dividend reinvestment plan was suspended in FY26. There were no new entities acquired and no changes to joint ventures or associates during the year.

What’s next for Beacon Lighting Group?

Beacon Lighting is likely to remain focused on growing revenue and improving profitability, while adapting to any shifts in the retail sector. Investors will be watching closely to see how management navigates changes in consumer demand and whether the company resumes its dividend reinvestment plan in future.

Management’s continued focus on balanced growth and capital management can play a key role in supporting long-term shareholder value.

Beacon Lighting Group share price snapshot

The Beacon Lighting share price is still down around 45% despite today’s impressive gain. This compares unfavourably to a 1.2% gain from the S&P/ASX 200 index (ASX: XJO).

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The post Beacon Lighting Group share price jumps 14%: FY26 profit drops despite higher sales appeared first on The Motley Fool Australia.

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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. 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.