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  • FireFly Metals reveals robust Green Bay PEA and resource boost

    Young successful engineer, with blueprints, notepad, and digital tablet, observing the project implementation on construction site and in mine.

    The FireFly Metals Ltd (ASX: FFM) share price is on the move today after releasing key results from its Green Bay Copper-Gold Project study, including a preliminary economic assessment (PEA) showing robust project economics and a major resource upgrade.

    What did FireFly Metals report?

    • After-tax NPV7% of ~A$2.2 billion and IRR of 42% over a 32-year mine life for the 1.8Mtpa base case
    • Steady-state annual copper equivalent production of 50kt (base case) and 90kt (4.6Mtpa alternative)
    • Average post-tax annual free cash flow of ~A$290 million (base case) and ~A$550 million (4.6Mtpa alternative)
    • Average C1 cash costs in the lower quartile, at US$2.05/lb CuEq (base case) and US$1.84/lb CuEq (4.6Mtpa alternative)
    • Updated Mineral Resource Estimate: 60.2Mt at 2.4% CuEq (Measured & Indicated), plus 23.5Mt at 2.5% CuEq (Inferred)
    • Existing cash and investments of A$183 million and plans for up to A$190 million in new equity funding

    What else do investors need to know?

    FireFly’s PEA assessed two scenarios for restarting the Green Bay Ming Mine: a 1.8Mtpa base case and a larger 4.6Mtpa option, both indicating a long-lived, high-margin project in Canada’s Newfoundland and Labrador. A significant portion of production targets is supported by higher-confidence resource categories, which helps underpin future development.

    With all key environmental permits granted, the company is already underway with select early works intended to fast-track construction. Six drill rigs are active, targeting high-grade extensions and new discoveries near the existing resource, aiming to grow resources and support further mine life extensions.

    What did FireFly Metals management say?

    FireFly Managing Director Steve Parsons commented:

    The findings of the economic study prove that Green Bay is one of the best undeveloped copper projects in the world based on a range of key metrics, ranging from scale and production profile through to financial returns and growth. The base case of 50,000t a year generates strong returns and we have a clear pathway to double that. And that is before allowing for the growth we aim to unlock through our ongoing drilling programs in the high-grade areas of the mine and the highly prospective regional exploration program now cranking up. The project simply ticks every box and is clearly poised to generate outstanding returns for all our stakeholders. The highly enviable nature of Green Bay is reflected in the fact that we have just launched a A$180m share placement across the ASX and TSX exchanges. Once in production, Green Bay has the potential to be one of the biggest copper mines in the world outside those owned by the multi-nationals and diversified mining giants. This means FireFly offers investors virtually pure copper exposure via an asset with genuine world-scale in a tier-one location. Our scale, our concentrated copper exposure and our outstanding growth outlook is a very rare combination in global markets. It is unique on the ASX. FireFly offers concentrated exposure to high-grade copper production in a tier-one location with ongoing growth potential.

    What’s next for FireFly Metals?

    FireFly plans to complete a definitive Feasibility Study and its maiden Ore Reserve estimate in the first quarter of 2027, aiming to enable a final investment decision and begin full construction soon after. The early works already underway, together with regulatory approvals and available funding, position the company to begin first concentrate production targeted for mid-2029.

    The company is also pursuing further resource growth through underground and regional drilling, and is actively working on additional exploration and government funding opportunities to enhance project economics and reduce funding risk for future development phases.

    FireFly Metals share price snapshot

    Over the past 12 months, FireFly Metals shares have risen 64%, significantly outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

    View Original Announcement

    The post FireFly Metals reveals robust Green Bay PEA and resource boost appeared first on The Motley Fool Australia.

    Should you invest $1,000 in FireFly Metals right now?

    Before you buy FireFly Metals 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 FireFly Metals 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…

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    * Returns as of 1 August 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.

  • Integral Diagnostics posts profit and dividend growth in FY26

    Two lab workers fist pump each other.

    The Integral Diagnostics Ltd (ASX: IDX) share price is in the spotlight after the company reported a 25.6% rise in revenue to $788.7 million, alongside a 50% boost in operating NPAT to $47.4 million for FY26.

    What did Integral Diagnostics report?

    • Revenue grew 25.6% to $788.7 million
    • Operating EBITDA jumped 30.3% to $164.8 million, with margins up to 20.9%
    • Operating NPAT climbed 50.1% to $47.4 million
    • Operating diluted EPS increased by 23.6% to 12.6 cents
    • Fully franked final dividend of 6.0 cents per share (total FY26: 9.3 cents), up 50%
    • Operating free cash flow up 30.7% to $106.4 million, with conversion at 82%

    What else do investors need to know?

    Integral’s strong FY26 performance reflects both organic growth and successful integration of the Capitol Health merger, with more than $14 million in annual synergies realised—well above initial expectations. Patient volumes and Medicare indexation drove much of the revenue uplift, and there was continued momentum in higher value imaging services like CT, MRI, and PET scans.

    The balance sheet remains on solid footing. Net debt edged up slightly to $298.9 million, but leverage fell to 2.3x Operating EBITDA, within the company’s target range. Management also reported a reduction in the average interest rate on core debt and confirmed all banking covenants are being met.

    What did Integral Diagnostics management say?

    Jason Martinez, Managing Director and CEO, said:

    IDX delivered a strong FY26 result, with solid revenue growth, improved margins and disciplined execution across the business, resulting in performance in line with our guidance. This translated into enhanced shareholder returns, with operating diluted EPS increasing 23.6% and a fully franked final dividend of 6.0 cents per share, up 50.0% on the prior year.

    What’s next for Integral Diagnostics?

    Integral Diagnostics says it’s well placed to ride favourable industry trends like increasing demand for diagnostic imaging and the shift to higher-value modalities. Priorities for FY27 and beyond include disciplined core growth, selective network expansion, people and culture investment, and digital innovation.

    The company is targeting sustainable revenue growth, ongoing margin expansion above 21%, further productivity gains, and improved patient access. Expected capex for FY27 is $50 million to $60 million for replacement and growth initiatives.

    Integral Diagnostics share price snapshot

    Over the past 12 months, Integral Diagnostics shares have declined 16%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

    View Original Announcement

    The post Integral Diagnostics posts profit and dividend growth in FY26 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Integral Diagnostics right now?

    Before you buy Integral Diagnostics 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 Integral Diagnostics 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…

    See the 5 Stocks

    * Returns as of 1 August 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.

  • Aurizon announces $250m buy-back after strong FY2026 earnings

    Man smiling ahead while working on his MacBook.

    The Aurizon Holdings Ltd (ASX: AZJ) share price is in rising today after announcing a new on-market buy-back of up to $250 million, following a strong FY2026 and ongoing commitment to capital management.

    What did Aurizon report?

    • Launch of an on-market share buy-back program of up to $250 million
    • Buy-back to commence on 8 September 2026 and run for up to 12 months
    • Initiative follows a strong FY2026 result, continued cash generation, and strong balance sheet
    • Capital return aligns with Aurizon’s disciplined capital allocation framework

    What else do investors need to know?

    Aurizon’s Board sees the current share price as an attractive opportunity to return surplus capital to shareholders, funded by existing debt capacity. The buy-back forms part of the company’s approach to balancing investment in growth, reinvestment, and capital returns.

    All shares acquired under the buy-back will be cancelled, which may increase earnings per share for remaining investors over time. Aurizon retains the right to vary, pause or end the program based on market conditions.

    What did Aurizon management say?

    Managing Director and Chief Executive Officer Andrew Harding said:

    The share buy-back program is a part of our capital allocation framework which has been used successfully in the past at value-accretive prices. The purchase of our own shares funded by existing debt capacity maintains our disciplined balance sheet management.

    This buy-back is consistent with Aurizon’s clear capital allocation framework, which includes maintaining a BBB+/Baa1 credit rating, reinvesting in our business while investing in growth and delivering returns to our shareholders.

    What’s next for Aurizon?

    Aurizon will proceed with the buy-back from 8 September 2026, buying shares on market as conditions permit. The Board and management emphasise that capital allocation remains disciplined, with ongoing focus on maintaining investment-grade credit ratings and supporting future growth.

    Investors may look for further updates on Aurizon’s operational performance and details on capital management at the next company announcement or results briefing.

    Aurizon share price snapshot

    The Aurizon share price is up around 15% over the past 12 months, outperforming the S&P/ASX 200 index (ASX: XJO).

    View Original Announcement

    The post Aurizon announces $250m buy-back after strong FY2026 earnings appeared first on The Motley Fool Australia.

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

    Before you buy Aurizon 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 Aurizon 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…

    See the 5 Stocks

    * Returns as of 1 August 2026

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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.

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