Category: Stock Market

The Regis Resources Ltd (ASX: RRL) share price is in focus as the company reported strong cash generation in its March 2026 quarter, underpinned by 90.6 thousand ounces (koz) of gold production and a solid cash and bullion position of $1.13 billion.

What did Regis Resources report?

• Gold production of 90.6koz at an All-In Sustaining Cost (AISC) of $2,807/oz
• Gold sales for the quarter of 89.1koz, generating $622 million at an average price of $6,977/oz
• Operating cash flow of $422 million for the quarter
• Cash and bullion rose by $198 million to $1.13 billion at 31 March 2026
• Declared and paid a fully franked interim dividend of 15 cents per share, totalling $114 million (paid post quarter-end)
• Group Mineral Resources climbed 10% to 8.28Moz and Mineral Reserves grew by ~20% to 1.97Moz year on year

What else do investors need to know?

Regis continued to maintain a strong safety record, with its twelve-month rolling lost time injury frequency rate (LTIFR) at 0.32 per million hours, well below the Western Australian gold industry average. No significant environmental incidents were reported.

Growth capital expenditure guidance for FY26 was increased to $240–255 million, mainly due to bringing forward pre-strip activity at Buckwell and higher diesel prices. The company is also progressing development across its underground operations at both Duketon and Tropicana, and work continues to advance the McPhillamys project, which remains subject to an ongoing judicial review.

What did Regis Resources management say?

Managing Director and CEO Jim Beyer said:

The March quarter delivered another period of consistent performance across Duketon and Tropicana, with both operations performing in line with forecasts ensuring the business continues to generate strong cash flow in the current gold price environment… The strength of our operating performance and balance sheet leaves Regis well positioned to continue investing in value accretive growth across the portfolio, while maintaining the financial discipline and flexibility that has always underpinned our approach to capital management. Our cash and bullion balance of $1.13 Billion at the end of the quarter speaks to this strength, enabling the capital management policy that was announced during the quarter. These benefits are clearly illustrated by the declaration of a 15cps interim dividend, for a total of $114M, which was paid after quarter end.

What’s next for Regis Resources?

Looking ahead, Regis expects to remain within its full-year production and cost guidance range, although ongoing higher diesel prices may push AISC towards the upper end. Mineral Resource and Ore Reserve growth at both Duketon and Tropicana continues to underpin the company’s strategy for operational life extension and value creation.

Regis plans to maintain its capital management focus, with upcoming dividends or potential share buybacks guided by its new capital policy. Development activity will stay focused on underground projects and advancing McPhillamys, pending resolution of the judicial review.

Regis Resources share price snapshot

Over the past 12 months, Regis Resources shares have risen 69%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

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The post Regis Resources posts solid March quarter with strong cash flow and dividend appeared first on The Motley Fool Australia.

More reading

• What did ASX gold shares Regis Resources, Perseus, and West African report today?
• Emerald Resources delivers record cash flow and project progress in March 2026 quarter
• Mirvac provides Q3 FY26 operational update; reaffirms upbeat guidance
• Sandfire Resources lifts cash and revenue in March quarter update
• Santos Q1 2026: Higher revenue, project ramp-up, steady guidance

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 Emerald Resources NL (ASX: EMR) share price is in focus after the miner reported record quarterly cash flow and strong gold production from its Okvau Gold Mine in Cambodia. The company maintained FY26 production guidance, with A$143 million generated in pre-tax operating cash flow and all-in sustaining costs (AISC) falling to US$897/oz for the March quarter.

What did Emerald Resources report?

• March 2026 quarter gold production: 26,269 ounces (Dec 2025: 25,030oz)
• Gold sales: 26,318oz at an average realised gold price of US$4,875/oz
• Pre-tax operating cash flow from Okvau: A$143.0 million (US$99.4 million), a quarterly record
• All-in sustaining cost (AISC): US$897/oz (Dec 2025: US$1,032/oz)
• Cash, bullion and listed investments at 31 March 2026: A$399.3 million
• FY26 gold production guidance of 105,000–120,000oz maintained

What else do investors need to know?

Emerald Resources strengthened its executive team by appointing Josh Redmond as Chief Operating Officer, supporting its growth plans in Cambodia and Australia. Cash on hand and investments stand strong despite the recent payment of FY25 Cambodian corporate tax totalling US$49.8 million, leaving the company well-funded for development.

Progress continues at both the Dingo Range Gold Project in Western Australia and the Memot Gold Project in Cambodia, with updated resource estimates confirming significant growth potential. Dingo Range is nearing final permitting, while Memot has boosted its mineral resource to 1.7Moz and advanced with infill drilling and regulatory approvals.

What’s next for Emerald Resources?

Drilling and exploration will continue at both the Dingo Range and Memot projects in 2026, aimed at converting resources into maiden ore reserves and underpinning future development. Okvau’s continued strong operational performance, ongoing near-mine exploration, and expansion into Western Australia will form the backbone of Emerald’s growth strategy.

The company is also accelerating its ESG and community initiatives, including tree planting for carbon offsetting and regional infrastructure improvements, with a firm commitment to sustainability and local engagement across its operations.

Emerald Resources share price snapshot

Over the past 12 months, Emerald Resources shares have risen 65%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

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The post Emerald Resources delivers record cash flow and project progress in March 2026 quarter appeared first on The Motley Fool Australia.

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• Deep Yellow provides March 2026 exploration update

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.

Building a second income stream from ASX shares is something I think a lot of investors aim for over time.

Fortunately, there are lots of businesses on the share market that generate consistent cash flow and return part of that to shareholders as dividends.

To narrow things down, I have picked out five ASX dividend shares I would look at for income.

Rural Funds Group (ASX: RFF)

Rural Funds is an ASX dividend share I’d buy for a second income in April. It owns agricultural assets across areas like almonds, cattle, and vineyards.

Its income is supported by long-term leases with operators, which helps provide visibility over earnings and distributions.

That structure is what stands out to me. It creates a steady income stream that can support consistent payouts over time.

HomeCo Daily Needs REIT (ASX: HDN)

Another share to look at is HomeCo Daily Needs REIT. This property company focuses on convenience-based retail, including supermarkets and everyday services.

These are the types of assets that tend to see consistent foot traffic, which supports rental income.

For income investors, that stability can be appealing, especially when combined with a relatively attractive yield.

Harvey Norman Holdings Ltd (ASX: HVN)

Harvey Norman offers a different type of income profile.

It operates in retail, which can move with the cycle, though it also has a large property portfolio backing the business.

That combination can support dividends over time, with the added benefit of potential upside if conditions improve.

Woolworths Group Ltd (ASX: WOW)

I think Woolworths is one of the most stable names on the ASX.

Its core supermarket business generates consistent cash flow, supported by demand that holds up across different conditions.

That tends to translate into reliable and growing dividends, which is what I would look for in a second income portfolio.

Lottery Corporation Ltd (ASX: TLC)

Lottery Corporation rounds things out with another defensive income stream.

Its earnings are supported by demand for lotteries that tends to remain steady whatever is happening in the economy, which helps underpin regular and growing dividends.

Including a business like this can add balance alongside more cyclical income names.

Foolish takeaway

A second income from ASX shares comes back to owning businesses that can keep generating cash and paying dividends over time.

These five companies operate in different areas, though each offers exposure to income supported by underlying cash flow. That is what I would focus on when building a portfolio for a second income stream.

The post 5 ASX dividend shares I’d buy for a second income appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino 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 The Lottery Corporation. The Motley Fool Australia has positions in and has recommended Harvey Norman, Rural Funds Group, and Woolworths Group. The Motley Fool Australia has recommended HomeCo Daily Needs REIT and The Lottery Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX 200 stock Ebos Group Ltd (ASX: EBO) is in focus today after the company adjusted its FY26 earnings outlook yesterday. 

On Wednesday, the company released an announcement to the ASX, addressing the impact of elevated fuel costs on FY26 earnings outlook. 

It has been a tough start to the year for the pharmaceutical wholesaler and distributor. 

The ASX 200 stock has fallen by 26% year to date. 

What did the company report?

In yesterday’s announcement, the company acknowledged fuel prices have increased materially in recent months, driven by global supply dislocation and heightened geopolitical risks. 

In addition, there is a lesser impact on the price of hydrocarbon related consumable products, for example plastic wrapping and polystyrene foam. 

This has resulted in higher direct transport, consumables and logistics costs across the Group’s operations, particularly within our distribution intensive businesses. While underlying demand across the Group remains stable, the pace and extent of fuel and consumables cost increases during the second half of FY26 have exceeded the Group’s previous assumptions.

Management also said it now expects FY26 underlying EBITDA of approximately $610–$620 million, compared with prior guidance of $615–$635 million. 

This reflects additional costs of $5-10 million, absorbed by the Group in maintaining service continuity, as opposed to a change in underlying demand or the long-term earnings profile of the Group.

The business remains committed to reliable healthcare delivery in Australia and New Zealand, focusing on service continuity while handling current cost pressures.

Morgan’s updated view

Following this release, the team at Morgans updated its outlook for this ASX 200 stock. 

The broker said it has moved its target price to A$22.92 (from A$28.07) taking a cautious view of the near term. 

We see growth returning in FY28, in the meantime the yield is attractive at ~6%. Despite the share price weakness there is significant upside to our target price and we maintain a BUY recommendation. We note the Investor Day next week may restore some investor confidence.

Upside remains for this ASX 200 stock

From today’s share price hovering around $17.38, there is still plenty of upside for Ebos Group shares. 

Based on Morgan’s updated target of $22.92, this still indicates an upside potential of approximately 32%. 

Elsewhere, 11 analysts forecasts via TradingView have an average one year price target of $26.57 on this ASX 200 stock. 

This indicates an upside potential of more than 52%. 

The post Why did this broker just lower its outlook on this ASX 200 stock? appeared first on The Motley Fool Australia.

More reading

• EBOS Group trims FY26 earnings guidance as fuel costs bite

Motley Fool contributor Aaron Bell 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.

BHP Group Ltd (ASX: BHP) shares have been getting a lot of attention this week following the release of its latest quarterly update.

After going through the details, I think there are three clear takeaways that stand out.

Operational performance remains strong

The first thing that comes through is how consistent the core operations are.

BHP delivered strong performance across its key assets, including record production at its Western Australian iron ore (WAIO) operations and strong output from its copper division.

Iron ore production is tracking in line with full-year guidance, while copper is expected to land in the upper half of its range.

I think that is important because it shows the business is executing well across multiple commodities at the same time. When operations are running smoothly like this, it tends to support both earnings and cash flow.

Copper is becoming an even bigger part of the story

The second key takeaway in my opinion is how important copper is becoming.

BHP continues to make progress across its copper operations, including strong performance at Escondida and Antamina. It is also advancing major growth projects, including a new concentrator at Escondida and further development at Resolution Copper.

These projects are long-life assets that can support production for decades.

With demand for copper supported by electrification and infrastructure investment, I think this positions BHP well for the next phase of its growth. It is not just about what the company produces today, it is about what it is building for the future. And copper will be key.

Financial strength and capital discipline stand out

The third takeaway is the strength of the balance sheet and how capital is being managed.

BHP completed several transactions during the period, including a major silver streaming deal and asset divestments, generating billions in proceeds.

This adds to an already strong financial position.

At the same time, the company continues to focus on maintaining low-cost operations and disciplined capital allocation, which helps protect margins even when costs are rising across the industry.

I think that combination gives BHP the flexibility to invest in growth while continuing to return capital to shareholders.

Foolish takeaway

For me, this update highlights a business that is performing well today while continuing to invest for the future.

I think its strong operations, growing exposure to copper, and a solid balance sheet all support the investment case.

With those pieces in place, I believe BHP shares remains a high-quality option in the mining sector for long-term investors.

The post 3 key takeaways from BHP’s latest results you need to know appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino 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 BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The war in Iran and associated concerns around fuel prices have translated into a solid sales increase for Vmoto Ltd (ASX: VMT), which has announced a significant 127% increase in sales in the first quarter.

The electric mobility solutions provider said in a statement to the ASX that sales of 6693 units were up 127% in the first quarter compared with the same quarter last year, and up 46% on the immediate preceding quarter.

E-mobility looking attractive

The company said it was well-placed to benefit from consumers looking for electric mobility solutions.

With fuel price surges attributed to geopolitical tensions and oil supply concerns, electric vehicles (EV) are increasingly viewed as a hedge against fuel price volatility. The anxiety around the supply of fuel and fuel prices is accelerating the adoption of EV, which Vmoto is well positioned to benefit from and is evidenced by recent increased interest from new customers to purchase Vmoto’s EV products. Electricity prices remain more stable due to regulation and long-term energy strategies, offering predictable running costs compared to the rapid fluctuations of oil. This validates Vmoto’s strategy to act as a complete e mobility solutions provider, to build an EV ecosystem surrounding its strategic partners, customers and riders involving Vmoto’s EV products (vehicle sales, rent and financing), Energy-as-a-Service (using Vmoto’s fast charging and battery swapping stations) and Data-as-a-Service (through Vmoto’s smart IoT, fleet management system and apps).

Vmoto said it had started deploying its battery swapping stations and fast charging stations into key markets including Brazil, Spain, the United Kingdom and others.

The company said it expected to expand into further countries in the future.

The company added:

These strategies and deployment will further enhance the value of the Company as an integrated e-mobility solutions provider as it will solve some of the distance anxiety of EV users, significantly shorten the downtime to recharge for delivery fleets and encourage the use of electric vehicles including Vmoto’s products.  

Building on the company’s sales figures for the first quarter, Vmoto said it had firm orders for 7133 units at the end of March, which would be delivered over the next two quarters.

Positive trend

The company added:

With the recent significant interests from new customers and expansion into new markets, the Company remains positive about the longer-term outlook for the electric motorcycle/moped markets in Europe, Middle East, South America and South-East Asia. The Company is also piloting an energy-as-a-service project with its dealers and customers and expects to explore additional revenue streams for the Company.

Vmoto had cash on hand of $31.7 million at the end of March and generated positive operating cash flow during the first quarter.

Vmoto shares were 13.6% higher in early trade to a new 12-month high of 12.5 cents.

The company is valued at $44 million.

The post Fuel price concerns have driven this e-mobility company’s shares to a 12-month high appeared first on The Motley Fool Australia.

More reading

• Emerald Resources delivers record cash flow and project progress in March 2026 quarter
• 5 ASX dividend shares I’d buy for a second income
• Why did this broker just lower its outlook on this ASX 200 stock?
• 3 key takeaways from BHP’s latest results you need to know
• 2 ASX shares tipped to grow at least 50% in the next 12 months

Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Certain ASX shares could deliver great returns from here, according to experts, and those analysts have outlined how undervalued they believe these stocks could be.

A price target tells investors how much they think a share price could rise over the next 12 months from the time of the investment rating.

Of course, a promising price target does not guarantee positive returns in the year ahead, but it does suggest the stock is worth a closer look. Below are two of the fast-growing ideas to consider.

Life360 Inc (ASX: 360)

Life360 describes itself as a family connection and safety company that “keeps people close to the ones they love”. The services include location sharing, safe driver reports, and crash detection with emergency dispatch.

Its offering is clearly resonating, with the fourth quarter of 2025 showing strong ongoing growth for the business.

Fourth quarter revenue grew by 26% to $146 million, with US paying circles growing 23% to 2 million and international paying circles soaring 32% to 0.8 million. Additionally, the average revenue per paying circle rose 6% to $139.54.

The business demonstrated operating leverage with adjusted operating profit (EBITDA) rising 53% to $21.2 million and operating cash flow surging 199% to $36.8 million. Rising profit margins are exactly what I like to see from a growing business.

According to CMC Invest, there have been seven analysts who have recently rated the ASX share as a buy, with an average price target of $32.79, implying a possible rise of 51% over the next year.

Bubs Australia Ltd (ASX: BUB)

Bubs is best known as a goat infant formula business. Its products are sold across Australia in supermarkets and pharmacies. Products are also exported to markets in China, Southeast Asia, the Middle East, and the US.

It has had a volatile journey over the years, but it continues to grow in size, and it’s expecting its operating profit (EBITDA) to be positive for FY26.

In the FY26 half-year result, the business reported group revenue of $55.5 million, representing a year-over-year increase of 14.4%. EBITDA increased by $3.9 million to $4.4 million.

Both the revenue and EBITDA benefited from strong demand in the US, according to Bubs. US revenue surged 48% (or $34.2 million) year over year.

In response to that strong half, management decided to upgrade its revenue guidance to between $120 million and $125 million. If revenue continues to grow globally, I believe the scale benefits should assist the company’s margins in the future.

According to CMC Invest, there have been three recent buy ratings on the ASX share, with an average price target of 17 cents, suggesting a possible 66% rise from where it is at the time of writing.

The post 2 ASX shares tipped to grow at least 50% in the next 12 months 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 Life360. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Core Lithium Ltd (ASX: CXO) shares are marching higher today.

Shares in the All Ordinaries Index (ASX: XAO) lithium miner closed yesterday trading for 37.0 cents. In early morning trade on Thursday, shares are changing hands for 37.5 cents apiece, up 1.4%.

For some context, the All Ords is down 0.4% at this same time.

Core Lithium shares are now up 443.5% since this time last year, smashing the 11.2% gains delivered by the benchmark index over this same period.

Today’s outperformance follows the release of Core Lithium’s March quarter update.

Here’s what investors are mulling over.

Core Lithium shares rise on Finniss restart details

The highlight for the three months to 31 March, was the company’s formal approval of the Final Investment Decision (FID) for the restart of operations at its Finniss Lithium Project, located in the Northern Territory.

The miner’s flagship Finniss project was placed into care and maintenance back in January 2024. That came after global lithium prices crashed, making mining unprofitable and sending Core Lithium shares sharply lower.

Management noted that approval of the FID was proceeded by a comprehensive restart plan, updated mine planning, Front-End Engineering and Design (FEED) work, and refined operating strategies. The new plan aims to reposition Finniss as a lower‑cost, long‑life lithium operation.

The ASX lithium miner said it used a “conservative” long‑term spodumene concentrate price assumption of US$1,500 per tonne CIF for the FID. That’s well below the current spot price of around US$2,500 per tonne CIF.

Management is expecting strong returns with a three-year payback, a pre‑tax net present value (NPV) of $1.1 billion, and free cash flow generation of $1.7 billion. Additionally, Core Lithium noted that Finniss has an estimated 20-year mine life and 214,000 tonnes per year spodumene concentrate (6%) equivalent (SC6) nameplate production capacity.

And Core Lithium is well-funded for the restart, having secured fully funded $290 million in the March quarter, comprised of strategic partner funding and an institutional equity raise.

As at 31 March, the miner has a cash balance of $91.6 million.

What did management say?

Commenting on the quarterly progress helping lift Core Lithium shares today, managing director Paul Brown said, “The March quarter was a defining period for Core, with Final Investment Decision approval and a fully committed Funding Package secured to restart Finniss.”

Brown added:

Work is now underway at Finniss, with the open pit mining contract awarded at Grants and BP33 box cut activities progressing in parallel. Our staged restart strategy is disciplined, low risk and capital efficient, with first ore from Grants targeted in the June quarter and first spodumene concentrate production from the DMS plant targeted in the September quarter.

The post Up 444% in a year, what’s moving Core Lithium shares today? appeared first on The Motley Fool Australia.

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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 Mirvac Group (ASX: MGR) share price is on investors’ radar today after the release of its third quarter FY26 operational update, showcasing a 28% year-on-year lift in residential sales and reaffirming the company’s full-year guidance.

What did Mirvac report?

• 1,896 residential sales recorded year to date (YTD), up 28% on the same period last year
• Residential pre-sales grew 13% since 1H26, reaching around $1.8 billion
• Strong portfolio occupancy maintained at approximately 97%, with over 90,000 sqm of leasing achieved
• Operating earnings per security (EPS) guidance reiterated at 12.8–13.0 cents (6.7% to 8.3% growth)
• Distribution guidance reaffirmed at 9.5 cents (up 5.6%)
• Mirvac Wholesale Office Fund raised a further ~$200 million, totalling ~$630 million in 12 months

What else do investors need to know?

Mirvac’s Living business saw continuing momentum, including 592 sales in the latest quarter and strong performance at new projects in Queensland and Western Australia. Land lease communities achieved 428 sales YTD, up 42% year-on-year, reflecting ongoing demand across key regions.

In the investment portfolio, leasing spreads improved to +6.8%, while the company welcomed new income from completed developments like Aspect North & South in Sydney, now about 98% leased. Mirvac also progressed a number of major development milestones, including approvals for a 1,750-home project at Wantirna South, Victoria, and secured contracts for Sydney’s Blackwattle Bay precinct.

What’s next for Mirvac?

Mirvac has reiterated its full-year FY26 guidance, with expectations for continued growth in operating EPS and distributions, subject to market conditions. The group highlights secured pipeline opportunities and ongoing progress in major projects, underpinning its outlook.

Management flagged a proactive approach to managing macroeconomic and supply chain risks, noting construction timelines remain on track and sales fundamentals are broadly solid, especially in the key NSW, Queensland, and WA markets. Focus remains on delivering on targets, unlocking new opportunities, and ensuring balance sheet strength.

Mirvac share price snapshot

Over the past 12 months, Mirvac Group shares have declined 20%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

View Original Announcement

The post Mirvac provides Q3 FY26 operational update; reaffirms upbeat guidance appeared first on The Motley Fool Australia.

More reading

• Emerald Resources delivers record cash flow and project progress in March 2026 quarter
• Sandfire Resources lifts cash and revenue in March quarter update
• Santos Q1 2026: Higher revenue, project ramp-up, steady guidance
• Scentre Group launches tender offer for 2030 subordinated notes
• Deep Yellow provides March 2026 exploration update

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 Sandfire Resources Ltd (ASX: SFR) share price is in focus today after the company reported record unaudited sales revenue of $408 million and boosted its net cash position to $76 million for the March 2026 quarter.

What did Sandfire Resources report?

• Group copper equivalent (CuEq) production: 34.5kt for Q3 FY26; 106.5kt year to date
• MATSA CuEq production: 21.7kt in Q3 FY26 (YTD: 68.0kt); impacted by heavy rainfall and maintenance
• Motheo CuEq production: 12.8kt in Q3 FY26 (YTD: 38.5kt)
• Group sales revenue (unaudited): $408 million in Q3 FY26
• Underlying EBITDA: $220 million for the quarter, with a margin of 54%
• Net cash position: $76 million at 31 March 2026, up from $13 million at end-December 2025

What else do investors need to know?

The company retained its FY26 copper equivalent production guidance of 149kt–165kt, but now expects to finish in the lower half of the range. Operational challenges continued, especially at MATSA following a tragic fatality at the Magdalena mine and some weather-related disruptions.

Sandfire pressed ahead with exploration, investing $9 million regionally and $6 million near mine in Q3. The company also executed agreements with Havilah Resources to advance the Kalkaroo Copper-Gold project in South Australia, laying the foundations for a $70 million pre-feasibility study due by the second half of FY28.

What’s next for Sandfire Resources?

Sandfire expects production for FY26 to come in at the lower end of guidance, as performance rebounds in the final quarter and cost controls remain a focus. Guidance for operating costs at MATSA and Motheo remains unchanged, but management continues to monitor supply chain risks.

Strategically, the company aims to grow through further exploration at its global projects, with Kalkaroo in South Australia shaping as a key growth opportunity. The upcoming $70 million pre-feasibility study at Kalkaroo aims to unlock further resource potential.

Sandfire Resources share price snapshot

Over the past 12 monts, Sandfire Resources shares have risen 81%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 12% over the same period.

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