Author: openjargon

The Lovisa Holdings Ltd (ASX: LOV) share price looks like an excellent long-term opportunity after seeing the growth numbers from its FY26 result.

Lovisa is a global retailer of affordable jewellery across numerous countries worldwide. Impressively, it has stores on every continent and has an excellent outlook, in my view.

Lovisa may not be a tech stock, but few names on the ASX have such a wide geographic reach, with plenty of growth potential to come.

Lots of store growth

The company continues to expand its global store network at an impressive pace, which is driving the overall business.

In FY26, the company reported a 10.2% year-over-year rise of its global store count to 1,136.

There was a net increase in stores over the year in Australia, Vietnam, South Africa, Zambia, the UK, Ireland, Spain, Germany, Belgium, the Netherlands, Switzerland, the USA, Canada and the Middle East and Africa franchise.

It’s growing in a number of markets, and this is helping increase its presence and scale there.

The business actually closed 43 underperforming stores during the financial year, as well as relocating a further 12 stores. It’s continuing to focus on store profitability – where landlords don’t provide a profitable rent, it is willing to close that store.

Its FY26 comparable store sales grew by 2%, with an acceleration to 3% growth in the first eight weeks of FY27. I think this shows the business can continue to expand, while maintaining profitability with its existing stores.

Impressive financial growth

Compounding is a very powerful force, and if Lovisa continues growing its store count by around 10% (or more) a year, it’s on course for a very profitable future.

In FY26, Lovisa’s revenue grew 17.6%, gross profit rose 18.4%, operating profit (EBITDA) climbed 20.9%, and net profit after tax (NPAT) increased 10.7%. Net profit rose more slowly than EBITDA because of store rollout costs.

But I think the benefits of the store rollout will be reflected in the bottom line in the coming years.

I believe that Lovisa’s net profit can continue growing at a double-digit compound annual growth rate (CAGR) in the coming years, which will help increase the value of Lovisa’s shares.

I’m optimistic the company can grow strongly in Europe and North America in the coming years.

Rewarding cash payouts

The company is steadily increasing its payout to investors, which is helping boost cash returns, even before considering what could happen to the Lovisa share price over the next few years.

In the FY26 result, Lovisa hiked its annual dividend per share by 11.7% to 86 cents. That translates into a dividend yield of 3.1%, excluding any franking credits.

I expect the dividend will continue to grow alongside net profit in the coming years, so the yield for today’s investors could grow significantly by the end of the decade.

The post Why I think the Lovisa share price is an excellent long-term buy right now appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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 Lovisa. The Motley Fool Australia has recommended Lovisa. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Tivan Ltd (ASX: TVN) share price is in focus today after the company announced it has commenced a large-scale drone magnetic survey at its Turiscai and Baucau Projects in Timor-Leste. The survey covers 57 square kilometres and aims to sharpen priority drilling targets for copper and gold, building on previously reported high-grade copper and gold mineralisation from rock chip and stream sediment sampling.

What did Tivan report?

• Launched a large-scale drone magnetic survey over ~57 km² at Turiscai and Baucau Projects.
• The survey includes high-definition magnetic, LiDAR and photogrammetric data collection.
• Previous assays at Turiscai returned up to 23.1% Cu and 7.19g/t Au, and at Baucau up to 0.76% Cu and 9.3g/t Au.
• Survey work managed by PT Geologi Eksplorasi Indonesia with local Timor-Leste partners to encourage local participation.
• The survey will help refine targets for planned drilling campaigns.

What else do investors need to know?

Tivan’s use of drone-based technology marks a step up from previous exploration by delivering improved spatial resolution in magnetic data. This will help better define geological structures and mineralisation zones under cover, particularly where regional datasets could not provide enough detail for drill targeting.

The company has also entered a joint venture for the Baucau Project with state-owned Murak Rai Timor E.P., reinforcing local collaboration and laying the groundwork for longer-term development of Timor-Leste’s mineral sector.

Following completion of the current magnetic survey, advanced data processing and geological modelling will focus on pinpointing high-priority targets for the next phase of on-ground exploration and eventual drilling.

What did Tivan management say?

Mr Grant Wilson, Executive Chairman, said:

Today’s announcement marks a new phase of Tivan’s journey in Timor-Leste, moving beyond surface sampling and stream sediments, to the deployment of cutting-edge drone technology in this emerging and very special country.

In taking this step, we aim to refine and specify multiple drilling targets, enabling Tivan to secure the relevant regulatory approvals in good time, so that we may commence maiden drilling at Baucau and Turiscai this year.

This is an ambitious agenda.

With the trust we have established locally, including with our joint venture partner, Murak Rai Timor EP, along with the dedication of our world-class team, we will deliver.

What’s next for Tivan?

Tivan aims to use the new high-resolution survey data to upgrade its geological models and better target high-grade mineralisation at Turiscai and Baucau. Once the data is processed and interpreted, the company plans to advance priority exploration sites to drill-ready status, pending regulatory approvals.

The partnership with local and international geoscience teams demonstrates Tivan’s commitment to innovation and responsible resource development, with eyes set on maiden drilling within the current year.

Tivan share price snapshot

Over the past 12 months, Tivan shares have risen 130%, outperforming the All Ordinaries Index (ASX: XAO).

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The post Tivan launches drone magnetic survey at Timor-Leste copper-gold projects appeared first on The Motley Fool Australia.

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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.

Atlas Arteria Group (ASX: ALX) share price is in focus after the company posted a statutory net loss after tax of $73.3 million for the first half of 2026, mainly due to non-operating costs, while underlying net profit after tax rose to $94.3 million, up 29% on the prior period.

What did Atlas Arteria report?

• Statutory net loss after tax: $(73.3) million (H1 2025: $73.3 million profit)
• Underlying net profit after tax: $94.3 million (up 29% from H1 2025)
• Proportional toll revenue: $917.5 million (down 3.9%)
• Proportional EBITDA: $702.6 million (down 3.6%)
• Operating free cash flow per security: 19.1 cps (down 1.5%)
• Interim distribution: 20.0 cps; full-year guidance reaffirmed at 40.0 cps

What else do investors need to know?

Atlas Arteria’s results were weighed down by one-off costs tied to settling the Chicago Skyway Ontario Teachers’ Pension Plan put option and costs related to the unsolicited takeover offer from IFM. Excluding these, the company’s operational results proved fairly resilient despite foreign exchange headwinds weighing on revenue and cash flow.

IFM’s takeover saw its stake in Atlas Arteria lift from 34.5% to 67.4%. The board says it remains committed to its strategy and is now engaging closely with IFM to deliver value for all securityholders. The company also completed extinguishing the Chicago Skyway put option, funded by new corporate debt.

Atlas Arteria reported progress on legislative reform in Virginia, where changes are set to streamline future rate cases for its Dulles Greenway business. There were also steady operational metrics across its European and North American assets.

What did Atlas Arteria management say?

Hugh Wehby, Chief Executive Officer, said:

Our results for H1 2026 were affected by a number of non-operating costs, as well as unfavourable foreign exchange movements. Excluding these items, the underlying performance of our businesses was stable. The IFM Takeover Offer was significant for Atlas Arteria and our securityholders. As a result of the Takeover Offer, IFM’s relevant interest is now around 67%, and the Boards and management remain focused on delivering value for all securityholders.

What’s next for Atlas Arteria?

Atlas Arteria reaffirmed its 2026 full-year distribution guidance of 40.0 cps, with the interim distribution set at 20.0 cps for payment in October 2026. The group says it will continue to align distributions with free cash flow, paying out 90–110% of free cash flow on a full-year basis.

Looking ahead, the company is focusing on optimising its global toll road portfolio, unlocking cash flow at the Dulles Greenway, and preparing for French concession retenders. Management will update 2027 distribution guidance with its February 2027 results.

Atlas Arteria share price snapshot

The Atlas Arteria share price has underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of almost 11%.

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The post Atlas Arteria H1 2026 earnings: profit swings on one-offs, guidance held 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 Aurelia Metals Ltd (ASX: AMI) share price is in focus after the company posted a 69% surge in net profit and declared a fully franked final dividend of 1.0 cent for FY26.

What did Aurelia Metals report?

• Total revenue jumped 40% to $480.2 million
• EBITDA rose 55% to $189.2 million, with EBITDA margin up to 39.4%
• Net profit after tax increased 69% to $82.7 million
• Operating cash flow grew 10% to $142.8 million
• No drawn debt at year-end, with cash balance at $143.9 million
• Declared fully franked final dividend of 1.0 cent per share (approx. $17.2 million total distribution)

What else do investors need to know?

Aurelia Metals delivered higher gold and base metal production than the prior year, with group gold output at 50.4 thousand ounces, exceeding revised guidance. The company’s operating costs rose to $315.3 million, reflecting increased mining activity and the ramp-up at the Federation mine.

Development of the Great Cobar project continues on schedule, targeting first ore in 2028. The Peak Plant Expansion is progressing as planned, recently commissioning a new tailings thickener and advancing the Tertiary Ball Mill project to boost processing capacity.

Aurelia completed a major refinancing in June without drawing on any debt facilities, ensuring a robust financial position to support ongoing projects and the declared dividend.

What did Aurelia Metals management say?

Interim Chief Executive Officer Martin Cummings commented:

FY26 was a year of strong operational and financial performance for Aurelia, with material increases in EBITDA, net profit after tax and operating cash flows. Gold production exceeded the revised guidance range and all other metals were produced within guidance. Along with strong metal prices, these results supported robust margins and cash generation. This performance has enabled the Board to declare a fully franked dividend of 1 cent per share

Throughout the year, we continued to advance our growth strategy to lift mining rates and expand processing capacity. Development of Great Cobar remains on track for first production in FY28, while the Peak Plant Expansion projects continued with commissioning of the Tailings Thickener, and the continued progress of the Tertiary Ball Mill project. Together, these projects enable an increase in processing capacity from 800ktpa to 1.1 – 1.2Mtpa.

Aurelia is well positioned to continue delivering strong production while advancing its pipeline of growth opportunities across the Cobar Basin, supported by our recently completed refinancing and strong balance sheet.

What’s next for Aurelia Metals?

For FY27, Aurelia is guiding for gold production between 50,000 and 60,000 ounces and expects higher output across copper, zinc, and lead. Group operating costs are anticipated to increase as production ramps up, but unit costs should fall as the plant expansion comes online.

Medium-term, the company is focused on completing Great Cobar and the New Occidental Tailings Retreatment projects, which are expected to extend mine life and support stable production. Exploration spend is set to rise as new drilling platforms become available, particularly at Great Cobar.

Aurelia Metals share price snapshot

Over the past 12 months, Aurelia Metals shares have risen 89%, outperforming the All Ordinaries Index (ASX: XAO).

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The post Aurelia Metals: FY26 profit surges, dividend announced appeared first on The Motley Fool Australia.

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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.

Ramsay Health Care Ltd (ASX: RHC) share price is under the spotlight after the company reported underlying net profit after tax (NPAT) up 22.9% and underlying EBIT up 11.8% for the twelve months to 30 June 2026.

What did Ramsay Health Care report?

• Underlying NPAT: $364.1 million, up 22.9% on FY25 (constant currency)
• Underlying EBIT: $1,162 million, up 11.8% (constant currency)
• Revenue: $18.6 billion, up 4.2% (constant currency)
• Final fully franked dividend: 48.5 cents per share; full year payout ratio 60.3% of underlying earnings (total 91 cps)
• Funding Group leverage: 1.83x, below the 2.5x target
• Underlying EPS: 151.0 cps, up 27%

What else do investors need to know?

Ramsay reported positive transformation momentum in its Australian hospital business, driven by activity growth, higher acuity cases, improved theatre use, and stronger cost management. Both UK and Australian businesses were net cash flow positive, while capital discipline delivered a 30bps improvement in Group EBIT margin to 6.2% and ROIC growth.

The company completed or progressed several strategic moves in FY26, including progressing the planned separation (demerger) of its 52.8% stake in Ramsay Santé. The proposed demerger is tracking towards a shareholder vote in late November 2026 and aims to allow greater focus on the core Australian hospital business.

What did Ramsay Health Care management say?

Ramsay Health Care’s CEO, Natalie Davis, said:

I am pleased that we are maintaining high patient NPS scores and clinical excellence in every region, building transformation momentum in the Australian business, and improving performance and capital returns across the Group. I would like to thank our incredible people and our clinicians who dedicate themselves to our patients and are the foundation of our success.

What’s next for Ramsay Health Care?

Looking ahead, Ramsay expects to report EBIT growth and further margin improvement in FY27, with ongoing focus on cost management, activity growth, and capital discipline. The company will finalise the acquisition of National Capital Private Hospital in September 2026, integrating it into the Ramsay network.

The planned demerger of Ramsay Santé remains a key milestone in the coming year. If approved, it will simplify reporting and sharpen Ramsay’s attention on its Australian and UK hospital operations. Investments in technology, “Big 5” hospital initiatives, and continued optimisation are expected to support the next phase of growth.

Ramsay Health Care share price snapshot

The Ramsay Health Care share price has outperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a gain of over 15%.

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The post Ramsay Health Care FY26: Profit surges on transformation momentum 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 Generation Development Group Ltd (ASX: GDG) share price is in focus today after reporting a 21% lift in underlying NPAT to $40.7 million and a 23% rise in group revenue to $178.7 million for FY26.

What did Generation Development Group report?

• Underlying NPAT: $40.7 million, up 21%
• Group revenue: $178.7 million, up 23%
• Funds under management (FUM): $46.5 billion, up 37%
• Record group net inflows: $9.7 billion, up 19%
• Statutory NPAT: $31.9 million, down 10%
• Final fully franked dividend: 1 cent per share (full-year total 2 cents)

What else do investors need to know?

FY26 was marked by the completion of the Evidentia and Lonsec Investment Solutions integration, creating a single managed accounts platform under Evidentia Group. Managed account FUM grew to $40.5 billion, fuelled by net inflows and increased adviser adoption.

Generation Life’s FUM hit a record $5.95 billion, reflecting strong demand for investment bonds amid ongoing superannuation and tax reform. Lonsec delivered resilient performance, expanding its research coverage to 2,001 products and growing its iRate subscriber base to 5,629.

What did Generation Development Group management say?

Generation Development Group CEO, Grant Hackett OAM said:

FY26 was another strong year for the Group, characterised by record net inflows, continued market share gains and strong earnings growth.

The successful integration of Evidentia Group and Lonsec Investment Solutions, combined with ongoing investment across our businesses, has strengthened our competitive position and enhanced our ability to capitalise on long-term structural growth opportunities.

Generation Life, Evidentia and Lonsec each hold leading positions in attractive markets benefiting from powerful demographic, regulatory and industry tailwinds.

We enter FY27 with a high-quality recurring revenue base, strong execution momentum and significant opportunities to continue compounding earnings and long-term shareholder value.

What’s next for Generation Development Group?

The group enters FY27 well-placed to benefit from strong structural tailwinds across superannuation, retirement, and managed account markets. Management anticipates ongoing growth in FUM, supported by adviser adoption and stable product revenue margins.

Underlying operating expenses are expected to rise in line with prior years, as GDG continues investing in people, technology, and new partnerships. The company’s robust balance sheet supports its disciplined approach to further growth and improved operating leverage over time.

Generation Development Group share price snapshot

Over the past 12 months, Generation Development Group shares have declined 40%, trailing the All Ordinaries Index (ASX: XAO), which has climbed 1% over the same period.

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The post Generation Development Group FY26 earnings: Record inflows and FUM growth appeared first on The Motley Fool Australia.

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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 recommended Generation Development Group. 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 South32 Ltd (ASX: S32) share price is in focus today after the miner delivered a standout FY26 result, with underlying earnings up 55% to US$1.03 billion and total dividends rising 55% to 9.3 US cents per share.

What did South32 report?

• Revenue from continuing operations rose 1% to US$5,816 million
• Profit after tax attributable to members increased 410% to US$1,087 million
• Underlying EBITDA grew 28% to US$2,462 million, at a 31% margin
• Total ordinary dividends for the year lifted 55% to 9.3 US cents per share (fully franked)
• Net tangible assets per share rose to US$2.12 (from US$1.93)
• Net cash position improved to US$283 million

What else do investors need to know?

South32 extended its capital management program to September 2027, with US$209 million still to be returned to shareholders. The board declared a final US 5.4 cents per share dividend, reflecting strong cash flow and capital discipline.

A major portfolio move was announced post-year-end, with South32 agreeing to sell its aluminium value chain assets to Alcoa for up to US$5.6 billion. This positions South32 as a focused base metals miner, targeting growth in copper, zinc, and silver.

Construction continued at the Hermosa Taylor zinc-lead-silver project in the US and the company approved a 30% expansion at its Sierra Gorda copper joint venture in Chile. Additionally, safety improved, with lost time injury frequency falling by 29% year-on-year.

What did South32 management say?

Commenting on the results, South32’s CEO, Matt Daley, said:

Strong operating performance coupled with commodity price tailwinds underpinned one of the best financial results in our history, with Group underlying EBITDA increasing by 28 per cent to US$2.5 billion and underlying earnings increasing by 55 per cent to US$1 billion. … The sale of our aluminium value chain assets to Alcoa will simplify and strengthen our portfolio, positioning South32 as a leading base metals focused company with high-margin assets and a pipeline of compelling growth options in copper, zinc and silver. … Looking ahead, the outlook for our business is positive as we focus on safe and stable operations and growing our production of base metals into structurally attractive markets.

What’s next for South32 Ltd?

Looking forward, South32 expects to complete the Alcoa transaction in the second half of FY27. Production guidance for key base metals operations is for modest growth, with Sierra Gorda copper output to rise by 5% in FY27 and another 2% in FY28. Cannington’s zinc equivalent production is forecast to remain steady, and the Hermosa Taylor project is on track for first production in the second half of FY28.

The company aims to further streamline support costs and pursue growth investments in its base metals portfolio. Capital expenditure will be focused on expanding Hermosa and Sierra Gorda, and the group plans to review climate targets following the aluminium assets sale.

South32 share price snapshot

The South32 share price has smashed the S&P/ASX 200 index (ASX: XJO) over the last 12 months with a gain of over 75%.

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The post South32 FY26 earnings: base metals drive profit surge and new dividend 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 29Metals Ltd (ASX: 29M) share price is in focus today after the copper and zinc miner reported a 12% rise in half-year revenue to $305 million and a sharp increase in operating cash flows for the half ending 30 June 2026.

What did 29Metals report?

• Total revenue rose 12% to $305 million (HY25: $271 million)
• Cost of sales increased 21% to $279 million, mainly due to higher stockpile charges and lower zinc credits
• EBITDA fell to $30.5 million (HY25: $112.6 million)
• Cash flows from operating activities grew 148% to $66 million
• Group liquidity at 30 June 2026 was $202 million
• Drawn debt reduced by US$10 million to US$115 million

What else do investors need to know?

Development works continued at the Xantho Extended orebody, with 29Metals aiming to restart mining there in the December 2026 quarter. This is expected to boost overall metal production at the Golden Grove operation, which is the company’s highest-grade ore source.

Zinc production was notably lower at 3.2kt (compared to 29.3kt last year), impacted by the suspension of mining at Xantho Extended due to seismicity. Meanwhile, copper production increased by 15% year on year to 11.2kt.

29Metals is also preparing to restart operations at Capricorn Copper, targeting more than double its annual copper output. The restart plan is progressing, with water issues resolved and regulatory approvals and funding activities underway.

What did 29Metals management say?

Chief Executive Officer James Palmer said:

The team continues to make progress towards strengthening the foundations of the business and an optimised mine plan at Golden Grove, underpinned by investment in high-grade ore sources of Xantho Extended, Oizon and Gossan Valley. The progressive ramp-up of mining from these high-grade ore sources is expected to provide mine plan flexibility and support metal production growth at Golden Grove from the end of 2026.

Capricorn Copper provides a low capital intensity pathway to more than double 29Metals’ annual copper production. With water levels no longer an impediment to restart production, we are progressing the regulatory approval of our application for a new Tailings Storage Facility and completion of a Restart Definitive Feasibility Study by the end of 2026. In parallel, we are progressing work on strategic funding options to maintain progress towards a restart of production.

What’s next for 29Metals?

Looking ahead, 29Metals is focused on finishing upgrades and resuming mining at Xantho Extended by the December quarter, aiming to support higher copper and zinc production at Golden Grove. Investors can expect ongoing works on mine plan flexibility and accessing higher-grade deposits to improve output and cost efficiency by late 2026.

At Capricorn Copper, the company is aiming for regulatory clearance and funding to enable a restart, with the goal of substantially increasing copper production in coming years.

29Metals share price snapshot

Over the past 12 months, 29 Metals shares have risen 20%, outperforming the All Ordinaries Index (ASX: XAO).

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The post 29Metals: HY26 earnings show revenue up, mine progress on track appeared first on The Motley Fool Australia.

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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.

The Capricorn Metals Ltd (ASX: CMM) share price is in focus today after the company delivered record full-year results, with FY26 sales revenue up 46% to $769.3 million and a fully franked final dividend of 5 cents per share announced.

What did Capricorn Metals report?

• Sales revenue rose 46% to $769.3 million, with gold sales totalling 123,096 ounces at an average price of $6,241 per ounce.
• Underlying EBITDA was a record $483.6 million, jumping 63% year over year, for an EBITDA margin of 63%.
• Net profit after tax increased 59% to $327.2 million, up from $206.4 million in FY25.
• Net cash position grew by 42% to $504.8 million at year end.
• Gold production at the Karlawinda Gold Project totalled 123,589 ounces at an AISC of $1,629 per ounce.
• Fully franked final dividend of 5 cents per share, bringing total FY26 dividends to 10 cents per share.

What else do investors need to know?

Capricorn Metals finished the year with a strong balance sheet, underpinned by robust operating cash flow of $470.2 million. The company spent $133.4 million on expansion at Karlawinda and preparatory works at Mt Gibson, alongside $74.0 million on exploration across both projects.

The commencement of fully franked dividends reflects Capricorn’s move to a tax-paying position, with a one-off final tax payment for FY26 expected in FY27. From FY27, tax payments will transition to a standard estimates-based regime.

What’s next for Capricorn Metals?

Looking ahead, Capricorn Metals has provided FY27 production guidance of 137,000 to 147,000 ounces at an AISC of $1,900 to $2,100 per ounce. After the Karlawinda Expansion Project is commissioned this quarter, gold output is forecast to ramp up to around 150,000 ounces per annum.

Development at the Mt Gibson Gold Project is targeted to start in the second quarter of FY27, subject to permitting. Supported by strong cash flows and a healthy cash balance, Capricorn aims to fund growth projects and continue shareholder returns.

Capricorn Metals share price snapshot

The Capricorn Metals share price has been among the best performers on the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a gain of almost 70%.

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The post Capricorn Metals posts record full-year profit, dividends after strong gold 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.

The Boss Energy Ltd (ASX: BOE) share price is in focus today as the company posted a $2.5 million profit after tax for FY2026, a sharp turnaround from last year’s $34.2 million loss. Revenue more than doubled to $151.1 million, marking the company’s first full year selling uranium from Honeymoon.

What did Boss Energy report?

• Revenue: $151.1 million, up 100% from FY2025
• Net profit after tax: $2.5 million (FY2025: $34.2 million loss)
• Operating cash flow: $73.6 million (FY2025: $17.4 million)
• Production: 1.41 million pounds of uranium oxide (up 61% year-on-year)
• Cash and liquid assets: $207.3 million, no debt
• No dividend declared for FY2026

What else do investors need to know?

Boss Energy has ramped up production at Honeymoon, its key operating mine in South Australia, commissioning new infrastructure and focusing on operational improvements. A New Feasibility Study and updated life-of-mine plan were also released, centring on a wide-spaced wellfield design to lift efficiency and cut costs.

In Texas, Boss holds a 30% stake in the Alta Mesa uranium operation, which delivered its own production growth. The company has also advanced studies and permitting for the Gould’s Dam and Jasons satellite deposits, aiming to expand future supply using existing infrastructure.

What did Boss Energy management say?

Managing Director & CEO Matt Dusci said:

Our priorities for FY2027 are to safely progress the development plan outlined in the New Feasibility Study, continue improving operational performance and cost competitiveness, advance our satellite deposits and maintain disciplined capital management. We recognise that rebuilding confidence will require consistent execution and delivery against our commitments. This will remain a key focus as we move forward.

What’s next for Boss Energy?

Looking ahead, Boss Energy aims to build on its reset operational base by transitioning Honeymoon to the newly established wide-spaced wellfield approach. The plan is to steadily boost output, pursue further efficiency gains and optimise costs over the next development phase.

Further milestones include progressing Gould’s Dam and Jasons towards production and maintaining strong capital discipline. The company is also watching the uranium market closely as global demand remains strong amid a renewed focus on energy security and decarbonisation.

Boss Energy share price snapshot

Over the past 12 months, Boss Energy shares have declined 6%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post Boss Energy reports profit turnaround and more uranium production in FY2026 appeared first on The Motley Fool Australia.

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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.