Category: Stock Market

One of the best performers on the All Ordinaries index today has been Imricor Medical Systems Inc (ASX: IMR) shares.

At the time of writing, this ASX stock is up 18% to a 52-week high of $2.25.

Why is this ASX stock jumping today?

Investors have been bidding this medical device company’s shares higher today after it made a big announcement.

According to the release, the United States Food and Drug Administration (FDA) has granted 510(k) clearance for the company’s NorthStar Mapping System under the premarket notification process.

NorthStar is the first and only MRI-native 3D mapping and guidance system to receive FDA clearance. It is Imricor’s first capital equipment and first software-centric product approval in the United States.

Management notes that this marks the ASX stock’s second FDA clearance, after receiving 510(k) clearance for the VisionMR Diagnostic Catheter earlier this month. It believes the approval significantly strengthens Imricor’s position as the market leader in MRI-guided interventional procedures.

This was no overnight success. The company highlights that NorthStar’s clearance by the U.S. FDA marks the culmination of years of research, development, 3rd party partnerships, and regulatory work. The system is designed and intended to be the central hub of every interventional cardiac MRI lab (iCMR).

And there may be more to come. Management is expecting multiple regulatory clearances and approvals this calendar year, as its full MRI-guided electrophysiology platform is progressively introduced to the market.

This FDA clearance enables the ASX stock to commercially market NorthStar in the United States, which is the world’s largest electrophysiology market.

Commenting on the news, Imricor’s chair and CEO, said:

At Imricor, we have been building a comprehensive suite of uniquely MRI-compatible devices for two decades. These devices, which include both consumable products and capital equipment, enable doctors to harness the superior soft tissue imaging of MRI to precisely guide minimally invasive procedures in a 100% radiation-free setting. Our goal is to enable better, faster, safer and less expensive treatments for patients worldwide; and as the world’s largest market, the United States is critical to our goal.

When it comes to iCMR procedures, NorthStar is the central hub that brings everything together. It’s designed to not only facilitate diagnostic cardiac electrophysiology and ablations procedures, but also to provide MRI guidance capabilities for other procedures. And since NorthStar is primarily a software product, it ushers in Imricor’s software era in which AI will play a big role in the future. NorthStar’s platform provides a path for capability expansion that is virtually unlimited, and we will continue to invest in and expand its capabilities for years to come.

The post Guess which ASX stock is jumping 18% on FDA approval news appeared first on The Motley Fool Australia.

More reading

• Why Develop Global, Imricor Medical, Light & Wonder, and PWR shares are storming higher today
• Which biotech company’s shares have rocketed to a new high on good news?

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.

The Liontown Ltd (ASX: LTR) share price is under pressure on Thursday, down 4.91% to $2.035. The move follows the release of the company’s December quarterly update and a separate capital markets announcement.

Here’s what investors need to know.

A turning point quarter at Kathleen Valley

The December quarter saw Liontown start to deliver on its long-awaited ramp-up.

The company successfully completed open pit mining at Kathleen Valley and transitioned to a fully underground operation. Underground ore mined jumped 37% quarter on quarter to 308kt, while development metres increased 17%.

Liontown processed 642kt of ore during the quarter and produced 105,342 dry metric tonnes (dmt) of spodumene concentrate, up 21% on the prior quarter. Lithium recoveries improved to 63%, and plant availability held steady at 92%.

Costs also moved in the right direction. Unit operating costs fell 17% quarter on quarter to $910 per dmt sold, while all-in sustaining costs (AISC) declined 22% to $1,059 per dmt. The company also reported operating cash flow at breakeven, a significant improvement from the prior period.

Management reiterated that underground ramp-up remains on track, with production targeted to reach 1.5Mtpa by the end of FY26 and 2.8Mtpa steady state by FY27.

Pricing, sales and liquidity improve

Liontown generated $130 million in revenue during the quarter after selling 112,122 dmt of concentrate at an average realised price of US$900 per dmt on a SC6 basis.

SC6 is a standard grade of lithium concentrate containing about 6% lithium. It is the main product sold by hard-rock lithium miners.

One positive was Liontown’s first spot auction, which cleared at US$1,254 per dmt SC6. This showed buyers are willing to pay up outside long-term contracts. Liontown also signed a new binding offtake agreement with Canmax, giving it greater flexibility and more exposure to spot pricing.

The balance sheet remains strong. Liontown finished the quarter with $390 million in cash and 13,800 dmt of saleable concentrate on hand.

LG conversion removes a major overhang

Alongside the quarterly update, Liontown confirmed LG Energy Solution will convert its US$250 million convertible note into shares.

As a result, LG will own about 8% of the company. While this increases the number of shares on issue, it removes future interest costs and clears a long-standing uncertainty for investors.

After the conversion, Liontown will have no remaining convertible debt and more flexibility to fund growth.

Foolish takeaway

The company delivered a materially stronger operational quarter and removed a major overhang from its balance sheet. But with expectations high, the market appears to be focusing on near-term risks rather than longer-term progress.

Liontown is coming out of a heavy investment phase, with costs easing and underground production continuing to ramp up. If execution holds, the recent share price weakness may look attractive to patient investors.

The post This ASX lithium stock is being sold off today. Here’s why appeared first on The Motley Fool Australia.

More reading

• Liontown earnings: Revenue surges and underground transition completed in Q2 FY26
• Liontown shares in focus as LG Energy Solution swaps $250m debt for equity
• 5 things to watch on the ASX 200 on Thursday
• Experts call time on these rip-snorting ASX 200 mining shares
• Lynas, South32, Liontown: Can these surging shares go higher?

Motley Fool contributor Aaron Teboneras 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 Genesis Minerals Ltd (ASX: GMD) share price is in focus as the gold miner delivered record December-quarter production of 74,261 ounces and grew cash and equivalents to $404 million, all while maintaining tight cost controls.

What did Genesis Minerals report?

• Record quarterly gold production of 74,261 ounces at an all-in sustaining cost (AISC) of $2,635 per ounce
• Half-year production of 147,139 ounces at an AISC of $2,578/oz
• Gold sales of 71,346 ounces at an average price of $6,057/oz, generating revenue of $432.2 million
• Cash and equivalents of $403.6 million at 31 December 2025, with no bank debt
• Unaudited half-year NPAT between $235 million and $245 million
• FY26 production outlook maintained at 260,000–290,000oz at an AISC of $2,500–$2,700/oz

What else do investors need to know?

Genesis accelerated its Tower Hill development, achieving major milestones ahead of schedule. These included finalising rail agreements, a mining agreement with the Darlot People, and key government approvals. Operational readiness activities are progressing well, with site establishment works to commence soon.

The miner also awarded a Letter of Intent to Byrnecut for underground mining at Leonora, with full mobilisation planned for May 2026. Genesis maintained a strong focus on sustainability, reporting no lost time injuries for the quarter and releasing new group-wide environmental standards.

What did Genesis Minerals management say?

Executive Chair Raleigh Finlayson said:

We have met or exceeded all our operational targets while making strong progress on our growth agenda. Our record production was accompanied by tight cost control, which was a significant achievement given the cost pressures faced across the industry, and as we continue to lay the foundations to deliver our ASPIRE accelerated growth strategy ahead of schedule. We look forward to unveiling details of our longer-term plan later in the current half, including the mill expansion strategy, as we seek to capitalise on the strength of the long ore position we have established.

What’s next for Genesis Minerals?

Genesis is pushing ahead with its “ASPIRE 400” strategy, aiming to accelerate production growth beyond previous 10-year plans. The Tower Hill project remains a major focus and is on track for first ore in FY28. The company raised its FY26 growth capital outlook to $220–240 million, reflecting earlier development at Tower Hill and associated projects.

An updated long-term plan, including mill expansion studies, is set for release in the June half of 2026. Genesis also expects to become liable for income tax instalments in the current financial year as it fully utilises carried-forward losses.

Genesis Minerals share price snapshot

Over the past 12 months, Genesis Minerals shares have soared 166%, strongly outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Genesis Minerals posts record production, strong cash in December 2025 quarter appeared first on The Motley Fool Australia.

More reading

• Champion Iron posts record iron ore sales and profits in Q3 FY26
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• Capricorn Metals reports record Q2 cash flow and resource growth
• Qube Holdings updates investors on Macquarie Asset Management proposal
• Ramelius Resources shares: December 2025 quarterly earnings highlights

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.

Appen Ltd (ASX: APX) shares are on fire on Thursday.

In morning trade, the ASX AI stock is up 32% to $1.43.

Why are Appen shares rocketing today?

Investors have been scrambling to buy the artificial intelligence data services company’s shares following the release of its quarterly update.

For the fourth quarter of FY 2025, Appen reported revenue of $73.4 million. This was a 10% lift on the prior corresponding period and a 33% increase on the third quarter of FY 2025.

This reflects strong performances from both Appen China and Appen Global.

Management revealed that Appen China’s revenue was $32 million during the quarter, which is up 81% on the prior corresponding period. This side of the business was operating with an annualised revenue run-rate exceeding $135 million in December. This reflects demand from generative AI related projects, including supporting international expansion for Chinese technology companies.

Appen Global’s revenue came in at $41.4 million. This is up 90% on the third quarter, but down 16% on the prior corresponding period. This reflects new project wins, including a previously announced $10 million+ generative AI opportunity that has grown faster than expected.

Growing at an even stronger rate was the ASX AI stock’s earnings. Appen revealed that its underlying EBITDA (before foreign exchange) was $13.3 million. This represents a 182% increase on the prior corresponding period and a $12.3 million improvement on the prior quarter.

Management commentary

Commenting on the company’s performance for the quarter, its CEO and managing director, Ryan Kolln, said:

Q4 was a strong finish to the year for both our China and Global businesses. Appen China exited the quarter with an annualised revenue run-rate growing to over $135 million – a pleasing result, providing strong momentum heading into FY26. In addition to the significant revenue growth, our China business also expanded underlying EBITDA profitability on the previous quarter by $1.0 million to $4.3 million, reflecting gross margin expansion and operating leverage as the business continues to scale.

The Appen Global division continues to improve as the business has executed against its turnaround strategy in a highly dynamic market. Q4 delivered a pleasing 56% revenue growth compared to the prior quarter and underlying EBITDA of $10.2 million – a significant improvement on Q3 and pcp. Growth was driven by new project wins, including the previously announced $10 million+ generative AI opportunity that has grown faster than expected and has continued into FY26.

Outlook

No guidance has been given for FY 2026, but management appears positive on its outlook. Kolln added:

With a strong balance sheet and a dedication to delivering quality data at speed we are well positioned for sustained profitable growth. We maintain our focus on revenue growth and ongoing underlying EBITDA profitability

The post Why are Appen shares rocketing 32% on Thursday? appeared first on The Motley Fool Australia.

More reading

• This ASX lithium stock is being sold off today. Here’s why
• Genesis Minerals posts record production, strong cash in December 2025 quarter
• Champion Iron posts record iron ore sales and profits in Q3 FY26
• Viva Energy shares: 4Q25 sales volumes rise, margins improve
• Why is the Whitehaven Coal share price smashing the benchmark on Thursday?

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 positions in and has recommended Appen. 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 Champion Iron Ltd (ASX: CIA) share price is in focus today as the miner delivered record quarterly sales of 3.9 million tonnes and posted net income of $65 million for the three months to 31 December 2025.

What did Champion Iron report?

• Quarterly revenue of $472 million, up 30% year-over-year
• Net income of $65 million; earnings per share of $0.12
• EBITDA of $152 million, up 73% from the prior-year period
• Record iron ore sales of 3.9 million dry tonnes, an 18% increase
• C1 cash cost per tonne lowered to $73.9, down 6% from a year ago
• Cash balance (excluding restricted funds) of $245 million at quarter-end

What else do investors need to know?

Champion Iron is advancing its DRPF project at Bloom Lake to produce direct reduction pellet feed iron ore, with commissioning underway and first shipments expected by the end of June 2026. The company also reduced site stockpiles by 1.1 million tonnes during the quarter, despite some logistical setbacks, and maintains strong liquidity of $751 million to fund growth and operations.

In December, Champion announced a cash tender offer to acquire Norwegian iron ore producer Rana Gruber for around US$289 million, backed by La Caisse and Scotiabank. This deal would broaden the company’s high-grade iron ore portfolio. Work on the company’s Kami Project definitive feasibility study, in partnership with Nippon Steel and Sojitz, also continues with completion targeted for year’s end.

What did Champion Iron management say?

CEO David Cataford said:

I am proud of our team’s ingenuity and perseverance as we advance strategic initiatives designed to unlock value for our stakeholders in the coming months and reinforce our leadership in the high-purity iron ore industry. We expect to continue to benefit from sales of high-purity iron ore inventories previously stockpiled at Bloom Lake. New markets will become available as we initiate shipments of DR quality iron ore from our DRPF project in the near term. Additionally, we remain focused on the potential closing of the Rana Gruber acquisition, which will diversify our portfolio with another proven high-purity iron ore operation, as well as the anticipated completion of the Kami project definitive feasibility study, leveraging our partnership with Nippon Steel and Sojitz. As our multi-year growth capital investment cycle at Bloom Lake nears completion, we continue to rigorously evaluate growth opportunities and capital allocation strategies to optimize shareholder returns.

What’s next for Champion Iron?

Champion’s near-term priority is completing the DRPF project at Bloom Lake, targeting first commercial shipments of DR-quality iron ore by the middle of 2026 to tap new market opportunities. The company also aims to finalise the Rana Gruber acquisition, expanding its asset base and diversifying production locations.

Investors can also keep an eye on the progression of the Kami Project’s feasibility study and management’s strategy to optimise inventory management and capital allocation as the Bloom Lake expansion cycle winds down.

Champion Iron share price snapshot

Over the past 12 months, Champion Iron shares have risen 8%, running slightly ahead of the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Champion Iron posts record iron ore sales and profits in Q3 FY26 appeared first on The Motley Fool Australia.

More reading

• Genesis Minerals posts record production, strong cash in December 2025 quarter
• Viva Energy shares: 4Q25 sales volumes rise, margins improve
• Capricorn Metals reports record Q2 cash flow and resource growth
• Qube Holdings updates investors on Macquarie Asset Management proposal
• Ramelius Resources shares: December 2025 quarterly earnings highlights

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 Viva Energy Group Ltd (ASX: VEA) share price is in focus today after the company reported a 1.1% lift in total group sales volumes for the fourth quarter of 2025, with convenience sales and refining margins highlighted in the update.

What did Viva Energy report?

• Total group sales volumes increased 1.1% to 4,408 million litres in 4Q2025 versus 4Q2024
• Commercial & Industrial fuel volumes rose 3.7% year-on-year, led by aviation fuel
• Convenience sales fell 11.4% to $431 million, with tobacco sales down 33.6%
• Gross margin on total convenience sales improved 4.5 percentage points to 42.2%
• Geelong Refining Margin (GRM) increased to US$12.1 per barrel (up from US$6.7/bbl in 4Q2024)
• The company refinanced and increased its revolving credit facility to US$1.3 billion

What else do investors need to know?

Viva Energy’s convenience business saw softer sales, mainly because of trading interruptions linked to store conversions and the divestment of 15 Liberty Convenience stores, a condition of its OTR Group acquisition. While total convenience sales dropped, the decline in sales excluding tobacco was far less pronounced at just 1.3%, and like-for-like sales in OTR-format stores rose 1.9%.

The company opened 35 OTR stores over FY2025, continuing its network transformation, and completed five Liberty conversions in the December quarter. Despite a small drop in overall retail store numbers, the network remains broad, with more than 985 core fuel and convenience sites nationwide.

What’s next for Viva Energy?

Viva Energy’s new Ultra Low Sulphur Gasoline plant was delivered on time and ahead of new December 2025 standards, which bodes well for compliance and operational efficiency moving forward. The company’s focus remains on growing its convenience formats and enhancing gross margin, while continuing to invest in refining flexibility and core infrastructure.

Looking ahead, management has flagged ongoing emphasis on integrating OTR Group acquisitions and adapting to trends in tobacco and non-tobacco convenience sales. Debt levels remain well managed following the recent refinancing.

Viva Energy share price snapshot

Over the past 12 months, Viva Energy shares have declined 24%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Viva Energy shares: 4Q25 sales volumes rise, margins improve appeared first on The Motley Fool Australia.

More reading

• Genesis Minerals posts record production, strong cash in December 2025 quarter
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• Capricorn Metals reports record Q2 cash flow and resource growth
• Qube Holdings updates investors on Macquarie Asset Management proposal
• Ramelius Resources shares: December 2025 quarterly earnings highlights

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 Whitehaven Coal Ltd (ASX: WHC) share price is charging higher today.

Shares in the S&P/ASX 200 Index (ASX: XJO) coal stock closed yesterday trading for $9.19. In morning trade on Thursday, shares are changing hands for $9.49, up 3.3%.

For some context, the ASX 200 is down 0.5% at this same time.

Today’s outperformance is par for the course this past year. The Whitehaven Coal share price is now up 56.7% over 12 months, smashing the 5.1% one-year returns delivered by the benchmark index.

And that doesn’t include the two fully-franked dividends the ASX 200 coal stock paid out over this time. At the current price, Whitehaven trades on a fully-franked trailing dividend yield of 1.6%.

Now, here’s what’s piquing investor interest.

Whitehaven Coal share price lifts off on production boost

Investors are tuning into the $7.8 billion ASX 200 coal stock today following the release of the miner’s December quarter update (Q2 FY 2026).

The Whitehaven Coal share price looks to be getting a boost with the miner reporting a 21% quarter-on-quarter increase in its managed run of mine (ROM) production to 11 million tonnes.

Pleasingly, costs came in at the lower end of guidance, with management reporting unit cost of production of $135 per tonne. And looking to the full 2026 financial year, the company says it remains on track to achieve $60 million to $80 million in yearly cost savings.

The three months also saw Whitehaven shave $100,000 off its net debt, which declined to $700,000 as at 31 December, with the company reporting liquidity of $1.5 billion.

The Whitehaven Coal share price has also gotten some support over the past months, with the miner forking out $45 million to buy back 6.3 million shares in the first half of FY 2026.

Looking ahead, the coal miner maintained its full-year FY 2026 coal production and costs guidance.

What did management say?

Commenting on the results helping to boost the Whitehaven Coal share price today, CEO Paul Flynn said, “We continue to experience strong demand for Whitehaven’s products, with 12.8Mt of equity coal sales for the first half including 7.0Mt for the quarter.”

Flynn added:

Metallurgical coal prices improved during the period, while thermal prices were steady on the previous quarter. Cost discipline remains a priority, and with a half year unit cost of A$135/t, we are tracking well within the guidance range of A$130-145/t.

Whitehaven noted it continues to progress with it key growth projects. Those include the Narrabri Stage 3 Extension and the company’s Winchester South metallurgical coal project.

The post Why is the Whitehaven Coal share price smashing the benchmark on Thursday? appeared first on The Motley Fool Australia.

More reading

• Whitehaven Coal posts strong Q2 production and cost control
• Which ASX 200 coal share is this fundie buying more of?
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• Top broker just increased its price target on Whitehaven Coal shares
• 5 things to watch on the ASX 200 on Tuesday

Motley Fool contributor Bernd Struben 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 Capricorn Metals Ltd (ASX: CMM) share price is in focus after the company posted another strong quarter, delivering $200.5 million in gold sales and record operating cash flow of $122.4 million for the December 2025 quarter.

What did Capricorn Metals report?

• Gold production of 30,476 ounces for Q2 FY26, with a year-to-date total of 62,794 ounces.
• All-in sustaining cost (AISC) sustained at $1,627 per ounce for the quarter, in line with FY26 guidance of $1,530 to $1,630 per ounce.
• Record quarterly operating cash flow of $122.4 million, up from $106.9 million in Q1.
• Gold sales of 31,652 ounces achieved at an average price of $6,333 per ounce, generating $200.5 million in revenue.
• Cash and gold on hand rose to $457.4 million, including balances from the recent Warriedar Resources acquisition.
• Group Mineral Resource Estimate increased to 8.1 million ounces of gold.

What else do investors need to know?

Capricorn Metals successfully completed its acquisition of Warriedar Resources Limited during the quarter, consolidating a 788km² tenure package and bringing new projects like Golden Range and Fields Find into the fold. This transaction supports continued growth in resources and exploration potential across the portfolio.

On the development front, key approvals have been secured for the Karlawinda Expansion Project, with site works tracking to schedule and major infrastructure now in advanced stages. The Mt Gibson Gold Project also progressed, with environmental assessments underway and significant drilling results achieved, pointing to growth in both open-pit and underground resources.

What did Capricorn Metals management say?

Executive Chairman Mark Clark said:

Strong operational performance and prudent financial management have positioned Capricorn well to achieve the upper end of gold production guidance while supporting growth through our expansion projects.

What’s next for Capricorn Metals?

The company remains on track for the upper end of its FY26 gold production guidance, supported by consistent operational performance at Karlawinda. The parallel expansion project will boost processing capacity to 6.5 million tonnes per year, targeting annual production of around 150,000 ounces when commissioned.

Looking ahead, Capricorn will continue advancing expansion works and exploration activities across its key projects, aiming to unlock further value as new approvals, construction milestones, and exploration results are delivered into FY27.

Capricorn Metals share price snapshot

Over the past 12 months, Capricorn Metals shares have risen 114%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Capricorn Metals reports record Q2 cash flow and resource growth appeared first on The Motley Fool Australia.

More reading

• Genesis Minerals posts record production, strong cash in December 2025 quarter
• Champion Iron posts record iron ore sales and profits in Q3 FY26
• Viva Energy shares: 4Q25 sales volumes rise, margins improve
• Qube Holdings updates investors on Macquarie Asset Management proposal
• Ramelius Resources shares: December 2025 quarterly earnings highlights

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.

Brainchip Holdings Ltd (ASX: BRN) shares are under pressure on Thursday.

In morning trade, the struggling semiconductor company’s shares are down 3% to 16 cents.

This leaves them trading within a whisker of a multi-year low.

Why are Brainchip shares sinking?

Investors have been hitting the sell button again today after the company released yet another dismal quarterly update.

According to the release, the company recorded a cash inflow of just US$0.4 million for the three months ended 31 December.

That’s an average of approximately US$130,000 a month for a company that entered the commercialisation stage a few years ago and has a market capitalisation over $360 million.

Unsurprisingly given its tiny cash inflows, Brainchip continues to burn cash. It revealed payments to suppliers and employees of US$4.3 million for the three months. Though, one small positive was that this was lower than the prior quarter when it spent US$5.2 million.

At the end of the quarter, the company had a cash balance of US$31.7 million. This is up from US$13.9 million in the prior quarter due to the successful completion of a US$22.8 million fully underwritten institutional placement in November.

Management notes that this capital raising was done to support the commercialisation of the Akida neuromorphic technology platform and the development of next-generation edge AI products. Though, time will tell if these funds accomplish anything other than paying the salaries of its leaders.

What else did it announce?

Brainchip also provided the market with an update on what it has been working on during the quarter.

This includes a strategic partnership with Blue Ridge Envisioneering, which is a Parsons (NYSE: PSN) entity. It notes that BRE is a Virginia-based innovator delivering next-generation solutions to the defence and intelligence sectors.

The terms of the agreement include an initial order of 10,000 chips, supporting the deployment of edge-AI systems that maintain full performance without cloud connectivity. It said:

Parsons will integrate BrainChip’s Akida neuromorphic processors into its mission-ready platforms to enhance adaptive performance in constrained and dynamic defence environments. The agreed supply framework with Parsons includes committed volumes for manufacturing scale, continuity-of-supply provisions, and tiered pricing for high-volume deployment.

It also advised that it received an initial order for 1,200 AKD1500 chips from Nex Novus for use in its Neuromorphyx Neuro Blocks product. Management believes AKD1500 will accelerate an MCU supporting neuromorphic evaluation of multi-sensor data. And while it concedes that the order size is minor, it feels it represents further market demand for the AKD1500.

Time will tell if this leads to more orders, but I wouldn’t hold my breath.

The post Why are Brainchip shares sinking today? appeared first on The Motley Fool Australia.

More reading

• This ASX lithium stock is being sold off today. Here’s why
• Genesis Minerals posts record production, strong cash in December 2025 quarter
• Why are Appen shares rocketing 32% on Thursday?
• Champion Iron posts record iron ore sales and profits in Q3 FY26
• Viva Energy shares: 4Q25 sales volumes rise, margins improve

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.

The Qube Holdings Ltd (ASX: QUB) share price is in focus today after the company announced an extension to its exclusivity period with Macquarie Asset Management and confirmed continued progress towards a potential transaction.

What did Qube Holdings report?

• Extension of the Exclusivity Period with Macquarie Asset Management to 15 February 2026
• Macquarie’s view of Qube’s value in the proposal remains unchanged
• Process Deed originally entered into on 23 November 2025
• Potential transaction is well progressed but not yet binding
• No financial metrics were disclosed in this update

What else do investors need to know?

The extension allows both parties more time to complete due diligence, finalise transaction documentation, and obtain relevant approvals. Macquarie Asset Management confirmed it continues to work in good faith towards a potential deal and that its valuation of Qube remains the same as originally proposed.

Importantly, there is no certainty the current proposal will proceed to a binding offer for Qube shareholders to consider. Qube has committed to providing further updates as developments occur.

What’s next for Qube Holdings?

Investors can expect further updates as Qube proceeds through the remaining stages of the deal process. The focus will be on whether due diligence and approvals are completed and if a formal, binding offer emerges.

Until then, Qube shareholders are in a holding pattern while the potential Macquarie-led transaction is finalised or abandoned.

Qube Holdings share price snapshot

Over the past 12 months, Qube Holdings shares have risen 16%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Qube Holdings updates investors on Macquarie Asset Management proposal 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 positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie 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.