Category: Stock Market

Yesterday, Genesis Minerals Ltd (ASX: GMD) reported record FY26 earnings, with EBITDA more than doubling to A$952 million and an 81% jump in cash and equivalents to A$520 million. The board also declared its maiden fully franked dividend of 5.0 cents per share.

What did Genesis Minerals report?

• EBITDA up 110% to A$952.4 million (FY25: A$454.1m)
• Underlying NPAT up 147% to A$546.9 million; Statutory NPAT A$601.8 million, including a one-off tax benefit
• Sales revenue rose 89% to A$1,742.4 million
• Gold production up 33% to 285,402 ounces; AISC A$2,670/oz, within guidance
• Cash and equivalents at A$520.1 million, up from A$286.9 million
• Maiden fully franked dividend of A5.0 cents per share
• Acquisition of Magnetic Resources completed, adding the high-grade Lady Julie deposit

What else do investors need to know?

Genesis wrapped up FY26 in a strong financial position, having completed the acquisition of Magnetic Resources for A$447 million in cash and 28 million shares. This move expanded the company’s gold resources and strengthened its foothold in WA’s Laverton region.

Growth-related project and exploration spending (excluding acquisitions) totalled A$275 million, including key developments at Tower Hill and Ulysses. Genesis also upsized its corporate finance facility to A$300 million during the year and repaid earlier drawn debt.

Maiden dividends mark a milestone, rewarding share owners for the company’s transformation since starting gold production in 2023. The planned merger with Vault, on track for completion in November 2026, is expected to double Genesis’s annual production to over 600,000 ounces and create a top-tier gold company globally.

What did Genesis Minerals management say?

Executive Chairman Raleigh Finlayson said:

These outstanding financial results reflect the strength of our exceptional asset base and our overarching commitments to safety, growth and meeting targets… In light of this result and the outlook for strong ongoing cash generation, we have declared a maiden fully franked dividend of 5.0c per share. We believe this strikes the right balance between ensuring we are well capitalised to take advantage of growth opportunities while also returning cash to shareholders.

What’s next for Genesis Minerals?

Looking ahead, Genesis plans to finalise its merger with Vault, targeting completion by November 2026. The combined group expects to unlock around A$2 billion in post-tax synergies over the next decade, creating a major player in the global gold sector.

A formal strategic plan for the merged entity is set for release in the first half of 2027. This will provide fresh production and cost guidance, alongside a new capital management framework—including future dividend policy. For FY27, Genesis is guiding standalone gold production of 270,000–300,000 ounces at slightly increased all-in sustaining costs, with additional spending on growth and exploration.

Genesis Minerals share price snapshot

Over the past 12 months, Genesis Minerals shares have risen 88%, significantly outperforming the All Ordinaries Index (ASX: XAO).

View Original Announcement

The post Genesis Minerals FY26 earnings: profit, growth, maiden dividend 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.

Three popular ASX shares have released important results to the ASX over the last few days:

• Whitehaven Coal Ltd (ASX: WHC)
• Bega Cheese Ltd (ASX: BGA)
• Temple & Webster Group Ltd (ASX: TPW). 

Bega Cheese shares enjoyed big gains on the back of positive results. 

Meanwhile, Whitehaven Coal and Temple and Webster results seemingly left investors hoping for more. 

Full results for each can be found here: 

• Whitehaven Coal Results
• Bega Cheese Results
• Temple and Webster Results.

Following the releases, brokers have been quick to update their guidance on these ASX shares. 

Here’s the latest guidance. 

Temple & Webster gets a big downgrade 

Bell Potter released updated guidance on Temple & Webster shares following the results. 

The brokers’ view is that Temple & Webster’s FY26 revenue came in at the bottom of its $665–675m guidance range, while EBITDA was towards the top end. 

However, FY27 has started weakly, with checkout revenue growth of only 13% compared with a challenging +28% prior-year comparison. Despite this, contribution margin has remained resilient at around 17% of revenue.

Bell Potter expects EBITDA margins to fall from the ~6% achieved in 4Q26 as lower revenue reduces fixed-cost leverage. Temple & Webster has also lowered its FY27 EBITDA guidance to $33-40m from the previously targeted $40m. 

Based on this guidance, the broker has a hold recommendation and lowered its price target to $4.50 (previously $7.00). 

Bega keeps on booming 

Bega shares rocketed 10% on earnings results, and Bell Potter is optimistic the growth can continue. 

The broker highlighted the strong revenue, EBITDA and NPAT growth in the latest results. 

Bell Potter retained its buy recommendation and raised its price target to $8.05 (previously $7.75). 

This indicates an upside of 21% from current levels. 

Trading at 10.5x FY26e EBITDA, BGA is at a reasonable discount to listed FMCG and Dairy exposures globally, while offering compound double digit EPS growth through to FY29e.

Whitehaven Coal shares fairly valued

Whitehaven Coal shares have experienced significant volatility over the last 12 months, and the team at Morgans see little upside moving forward. 

The broker said the company delivered a mixed result, with EBITDA broadly in line with consensus expectations, although underlying NPAT missed slightly. 

A 6c dividend was declared, consistent with consensus. The effects of poor coal prices in the 1H provided a significant headwind for the full-year result. FY27 guidance was softer than expected, with production growth appearing limited given the unchanged upper end of group guidance, while both costs and capital expenditure expectations have moved higher. 

We move to a HOLD rating (previously BUY) due to recent share price strength and valuation updates, with a reduced target price of A$8.05ps (previously A$8.50)

Whitehaven Coal shares closed trading yesterday at $7.63 each. 

The post Buy, hold, sell: Bega Cheese, Temple & Webster and Whitehaven Coal shares after results appeared first on The Motley Fool Australia.

More reading

• Why this ASX consumer discretionary stock could be the pick of the sector 
• Here are the top 10 ASX 200 shares today
• 10 ASX 200 shares downgraded by analysts this week
• Bega Cheese defies headwinds with strong FY26 results and upbeat outlook
• Here’s how experts view Whitehaven Coal and BHP shares after full-year results

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 positions in and has recommended Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Shares in Universal Store Holdings Ltd (ASX: UNI) are being flagged as a buy by brokers, and one is tipping that the already healthy dividend will continue to increase in the coming years.

Solid profit result underpins strong dividend flows

The youth wear retailer on Thursday reported full-year sales of $376.1 million, up 12.9% on the previous year, and an underlying net profit of $40.5 million, up 16.3%.

A fully-franked final dividend of 17 cents per share was declared, bringing the full-year dividend payout to 43 cents per share, for a dividend yield of 5.3%.

Group Chief Executive Officer Alice Barbery said regarding the result:

The team delivered another strong full year result, with robust sales and gross margin growth. This performance reflects the continued excellence in providing our customers with on-trend products, a service-oriented experience and engaging communications. The Group is well positioned heading into FY27. Our observation is that our customer remains willing to spend on quality, on-trend clothing from brands they love. As always, we continue to focus on cost discipline as we invest in our team and system capability to support future growth.

Within the Universal Store stores, the company’s private brands accounted for 51% of sales, while “a strong assortment of third-party brands continues to be a key element of presenting customers with an on-trend offering”.

So far in FY27, total sales are up 9.1% on the same period last year.

Universal Store said it intends to open 16 to 20 stores during the year, comprising nine to 10 Universal Store stores, six to eight Perfect Stranger stores, and one to two Thrills stores.

Brokers say Universal Store shares are looking cheap

UBS said the company’s earnings were higher than consensus estimates and at the top end of guidance.

They said like-for-like sales so far this year were “pleasing in Universal Store and very strong in Perfect Stranger given the tough previous corresponding period”.

UBS has a price target of $9 on Universal Store shares compared to $8.07 at the time of writing.

The broker is also forecasting that the dividend yield will increase each year out to FY30, when it will be 8.7%.

RBC Capital Markets said Universal’s result was good, “with clean beats on all metrics”.

The broker added that the company’s gross margin outlook looks good and the balance sheet is strong.

They added:

We have no concern over management flexibility to fund the FY27 store rollout.

RBC has a price target of $9.50 on Universal Store.

Universal Store is valued at $540.9 million.

The post This retailer’s dividend yield could top 8% in coming years: Broker appeared first on The Motley Fool Australia.

More reading

• Why this ASX consumer discretionary stock could be the pick of the sector 
• Universal Store FY26 results: Sales, profit up as store rollout continues
• 2 ASX shares with dividend yields above 8%
• How much is needed in superannuation to target a $12,000 monthly passive income?
• I’d buy 11,295 shares of this ASX stock to aim for $400 a month of passive income

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 recommended Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX consumer discretionary stock Universal Store Holdings Ltd (ASX: UNI) just soared 17% on the back of earnings results. 

Investors were gobbling up shares in the company following a result that included double-digit revenue growth and ongoing store expansion. 

A new report from Bell Potter suggests this could be a sign of what’s to come over the next 12 months. 

What did the company report?

As reported by Laura Stewart yesterday, the company reported a 12.9% rise in revenue to $376.1 million for FY26, with underlying NPAT up 16.3% to $40.5 million.

Other results included: 

• Underlying net profit after tax (NPAT) of $40.5 million, up 16.3%
• Statutory NPAT of $18.2 million, down 21.6% due to non-cash impairments
• Gross margin of 62.5%, up 1.4 percentage points
• Underlying EBIT of $64.0 million, up 17.2%
• Final fully franked dividend of 17 cents per share (FY total dividends: 43.0 cps). 

Prior to yesterday, this ASX consumer discretionary stock had faced several sector-related headwinds. 

However, it seems the tide could be turning. 

Bell Potter renewed confidence

Following the release, Bell Potter provided updated guidance on this ASX consumer discretionary stock. 

The broker saw the FY26 result as a clear beat, with revenue above guidance and EBIT at the top end, while FY27 trading has started positively despite tough comparables. 

Group retail sales were up 9%, with particularly strong like-for-like growth. 

The biggest positive was the FY27 store-opening guidance of 16-20 stores, well above Bell Potter’s prior estimate. 

They have lifted their forecast to 17 net new stores, putting the core Universal Store network on track to reach around 100 stores by FY28.

Upgraded target price for this ASX consumer discretionary stock

Based on this guidance, Bell Potter retained its buy recommendation. 

It also lifted its price target to $9.70 (previously $9.30). 

From yesterday’s closing price, this indicates a further 17% upside. 

Our TP increases by ~4% to $9.70/share given our modest earnings revisions and time creep. We remain supportive of UNI’s continued ability to gain market share in a niche streetwear/womenswear category as the overall retail sector goes through a cyclical low point in FY27. We see this backed by UNI’s continued execution to attract the selective youth customer spend.

At 15x FY27e P/E and continuing to offer ~9% EBIT growth over FY27-29e (BPe), we retain our optimistic views on UNI as a high quality retailer with a healthy balance sheet and maintain our BUY rating.

The post Why this ASX consumer discretionary stock could be the pick of the sector  appeared first on The Motley Fool Australia.

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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 recommended Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Yesterday, Medallion Metals Ltd (ASX: MM8) announced a $60 million placement to support the development of the Ravensthorpe Gold Project and boost growth drilling across its Western Australian portfolio.

What did Medallion Metals report?

• Raised $60 million via a single-tranche placement at $0.48 per share
• 125 million new ordinary shares to be issued to institutional and sophisticated investors
• Total available liquidity post-raise reaches approximately $175 million
• Funding underpins ramp-up to commercial gold-copper production at Ravensthorpe, plus processing at Forrestania
• Proceeds support mine development and accelerated extensional drilling at Kundip and Lounge Lizard

What else do investors need to know?

The fundraise was cornerstoned by respected institutional investors, showing significant confidence in Medallion’s strategy and assets. Proceeds will be used to advance development at Ravensthorpe and Forrestania, allowing the company to meet liquidity requirements for its financing facilities.

With this capital boost, Medallion Metals plans to ramp up exploration, particularly at priority targets such as Kundip and Lounge Lizard. This could enhance the company’s production profile and long-term sustainability.

What did Medallion Metals management say?

Managing Director Paul Bennett said:

Medallion emerges from this capital raising in an extremely strong position to progress to commercial production of gold and copper. Project development activities are advancing rapidly at both Ravensthorpe and Forrestania, with toll treatment expected to commence in October and commissioning of the expanded and modified process plant on Ravensthorpe feed targeted for mid-2027.

With the company’s funding position in excess of the project requirements, we have the ability to accelerate drilling programs at our most prospective targets, with the objective of growing the production profile across our projects. We welcome our new shareholders and appreciate the continued support of our existing shareholders. The backing of this high-quality group of resources investors is a significant endorsement of our team, assets and near-term gold-copper production strategy.

What’s next for Medallion Metals?

The company expects to commence toll treatment at Forrestania in October and aims to commission the upgraded Ravensthorpe plant by mid-2027. With strong financial backing, Medallion can accelerate drilling and advance projects with fewer funding constraints.

Investors can look forward to steady progress reports, including potential resource growth and milestone achievements across the portfolio throughout 2026 and into 2027.

Medallion Metals share price snapshot

Over the past 12 months, Medallion Metals shares have risen 77%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post Medallion Metals bolsters liquidity with $60m placement for production and growth appeared first on The Motley Fool Australia.

More reading

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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.

Yesterday, PWR Holdings Ltd (ASX: PWH) reported record group revenue of $170.7 million, up 31%, and statutory NPAT of $17.9 million, up 83.2% for FY26.

What did PWR Holdings report?

• Revenue: $170.7 million, up 31.2% on the prior year
• Statutory NPAT: $17.9 million, up 83.2%
• EBITDA: $40.7 million, up 59.6%
• NPAT margin: 10.5%, up by 3 percentage points
• Final dividend: 5.0 cents per share, up from 2.0 cps
• Cash conversion: 104.9%, with free cash flow of $10.6 million

What else do investors need to know?

PWR delivered strong top-line growth, driven mainly by Motorsports (up 45%) and Aerospace & Defence (up 31%). Operating leverage improved, with margin expansion as the newly completed Stapylton facility enabled greater volumes and efficiency.

The company finalised its Australian factory move and invested in capability upgrades, including entry into the European market with a new Poland facility due to open in FY27. The Aerospace & Defence order book surged to $40 million, with PWR securing a follow-on US Government contract.

PWR continues to scale its engineering and production teams, now employing over 700 people globally. Investment in research and development grew to $14.9 million, supporting next-generation cooling technologies.

What did PWR Holdings management say?

Chief Executive Officer Sharyn Williams said:

Our record results reflect the strength of our technology and the dedication of our people. The momentum in Aerospace & Defence demonstrates the success of our strategic investments, and our new European base positions us well for further international growth.

What’s next for PWR Holdings?

Looking ahead, PWR expects its higher revenue baseline to be maintained in FY27, with Aerospace & Defence as the main growth driver. A phased start-up of the new Poland facility will support the company’s ambitions in the expanding European defence market, with FY27 investment and start-up costs expected to reduce NPAT by less than $1 million.

The board expects margin recovery to continue, aiming for a 2% statutory NPAT margin improvement in FY27. Growth is likely to be supported by greater automation, improved product mix, and expansion in both global motorsports and aerospace sectors.

PWR Holdings share price snapshot

Over the past 12 months, PWR Holdings shares have risen 26%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post PWR Holdings reports record FY26 earnings and European expansion appeared first on The Motley Fool Australia.

More reading

• Medallion Metals bolsters liquidity with $60m placement for production and growth
• Service Stream Limited wins two $144m Transport for Victoria contracts
• How much is needed in superannuation for $1500 in weekly passive income?
• Vault Minerals share price in focus after record FY26 earnings
• Here are the top 10 ASX 200 shares today

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 PWR Holdings. The Motley Fool Australia has positions in and has recommended PWR Holdings. 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.

Yesterday, Service Stream Ltd (ASX: SSM) announced it has secured two contracts with Transport for Victoria worth $144 million over their initial five-year terms.

What did Service Stream report?

• Secured two Intelligent Transport Systems (ITS) maintenance contracts with Transport for Victoria
• Total contract value is $144 million over initial terms
• Each contract has a five-year initial term, with two possible two-year extensions
• Contracts cover maintenance, program management, and network operations support

What else do investors need to know?

The new contracts—the Victoria West ITS Maintenance Contract and the Motorway Communications Network Contract—expand Service Stream’s work in the Victorian transport sector. Work under both contracts is expected to commence in the fourth quarter of 2026.

The agreements further strengthen Service Stream’s annuity-style revenue base, boosting the company’s maintenance portfolio and providing improved visibility on future cash flows. This builds on Service Stream’s long-term customer relationships and capabilities in critical network management.

What did Service Stream management say?

Managing Director Leigh Mackender said:

The award of these two long-term maintenance agreements reinforces Service Stream’s position as a leading provider of transport technology and network maintenance services. The award further strengthens the Group’s maintenance portfolio and bolsters annuity-style work-in-hand revenues.

What’s next for Service Stream?

Service Stream expects work on these new contracts to commence in late 2026. The company will focus on seamless delivery and operational excellence while seeking additional growth opportunities in transport and network services.

Investors may watch for further contract wins or updates on integration and performance, as Service Stream aims to solidify its role in supporting Victoria’s critical infrastructure.

Service Stream share price snapshot

Over the past 12 months, Service Stream shares have risen 22%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post Service Stream Limited wins two $144m Transport for Victoria contracts appeared first on The Motley Fool Australia.

More reading

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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.

When it comes to superannuation, it pays to have a target in mind when you’re putting money away for the future.

As the old adage says, failing to plan is planning to fail.

The good news is that even if you start relatively late, there are strategies you can use to boost your super to a level where it will afford you a comfortable retirement.

How much superannuation do you need for $1500 per week in passive income?

Today we’re looking at the scenario where you are aiming to generate $1500 per week in passive income from your superannuation.

So to start with, is this considered a comfortable retirement? The short answer is yes.

The Association of Superannuation Funds of Australia has calculated how much is needed for singles and couples to have a comfortable retirement, and the figures come out at $55,923 for singles and $78,566 per year for couples.

These figures assume you own your own home and will draw a part pension, but they are well under the $1500 per week, or $78,000 per year level we are looking at.

So, how much superannuation would you need to generate this amount?

Let’s assume you can generate a 10% return on your investments. In this case, you’d need a $780,000 superannuation balance.

If you were generating just 5% you would need a balance of $1.56 million.

I’d argue that somewhere in the middle is achievable over time. So if you were generating a 7.5% return, you’d need a balance of $1.04 million.

What shares might help you achieve your passive income goal?

In terms of the shares you might want to have in your portfolio, you could look at listed investment trusts such as Charter Hall Retail REIT (ASX: CQR), which brokers expect to pay a return of better than 6% through to 2030, or Dexus Industria REIT (ASX: DXI), which is currently paying a healthy 6.97% yield.

Alternatively, financial services company Regal Partners Ltd (ASX: RPL) is paying a fully franked 7.42%.

Among the Wilson Asset Management funds, WAM Strategic Value Ltd (ASX: WAR) is paying a yield of 5.65%, while WAM Active Ltd (ASX: WAA), recently increased its dividend and is paying out 6.94%.

Among the banks, Westpac Banking Corp (ASX: WBC) is paying 4.35% fully franked, while Bank of Queensland Ltd (ASX: BOQ) is paying 6.19% also fully franked.

Among Australian blue-chip stocks, Telstra Ltd (ASX: TLS) is paying 4.39%, and miner BHP Group Ltd (ASX: BHP) is paying 3.19%.

How to increase your superannuation balance

If you’re keen to increase your superannuation balance, investigate the viability of making extra concessional contributions up to the $32,500 cap, with these contributions taxed at just 15%.

The $32,500 cap includes any contributions from your employer and amounts contributed through salary sacrifice.

If your superannuation balance was under $500,000 in the last financial year, you can also carry forward up to five years’ worth of unused concessional contribution amounts. You can find out how much you can contribute under this rule by logging in to your myGov account.

Non-concessional contributions of up to a further $130,000 can be made each year also.

The post How much is needed in superannuation for $1500 in weekly passive income? appeared first on The Motley Fool Australia.

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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 positions in and has recommended Charter Hall Retail REIT and Telstra Group. 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 Vault Minerals Ltd (ASX: VAU) share price will be in focus on Friday after the company delivered a record 54% jump in underlying EBITDA to $953.3 million, with gold production reaching 336,540 ounces for FY26.

What did Vault Minerals report?

• Group gold production: 336,540 ounces; gold sales: 334,904 ounces
• Revenue from metal sales: $1,880.2 million (up 31% on prior year)
• Underlying EBITDA: $953.3 million (up 54%)
• Statutory net profit after tax: $278.4 million
• Free cash flow: $487.8 million
• Maiden interim dividend: 7 cents per share declared in February 2026 and paid in April 2026

What else do investors need to know?

Vault Minerals ended FY26 with cash and bullion of $841.6 million and no debt, an increase of $155.7 million over the year. The company internally funded the early settlement of all remaining gold hedges, removing fixed price exposure and giving full upside to the prevailing gold price going forward.

Investment in strategic growth continued, including the King of the Hills (KoTH) processing plant upgrade, which remains on budget and ahead of schedule. Vault also returned $126.8 million to shareholders via share buybacks and the maiden interim dividend. No final dividend was declared due to the proposed merger with Genesis Minerals, with eligible shareholders to receive a cash component as part of the merger consideration.

What’s next for Vault Minerals?

Vault has provided standalone FY27 guidance for gold production of 355,000 to 375,000 ounces at an AISC of A$3,150 to A$3,350 per ounce, with further growth targeted for FY28. The KoTH processing plant upgrade is expected to support a 50% increase in throughput and a 34% uplift in Leonora gold production by September 2026.

Meanwhile, the proposed merger with Genesis Minerals remains on track for completion in November 2026, aimed at creating a leading Australian gold company poised to benefit from operational synergies and scale.

Vault Minerals share price snapshot

The Vault Minerals 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 around 140%.

View Original Announcement

The post Vault Minerals share price in focus after record FY26 earnings appeared first on The Motley Fool Australia.

More reading

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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.

It was a happy Thursday session for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Thursday. A welcome development for investors, no doubt, after six straight days of selling.

After opening in the green this morning, the ASX 200 spent the entire day in positive territory. Despite some bumpiness, the index ended up closing 0.33% higher at 9,083.8 points.

This happy session for ASX shares followed a similarly optimistic night over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was in a good mood, managing to rise 0.22%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared similarly, gaining 0.16%.

But let’s get back to today and our local markets for a closer look at what was going on amongst the various ASX sectors this session.

Winners and losers

Despite today’s good mood across the broader market, there were still a few sectors that went backwards.

Leading those losers were financial stocks. The S&P/ASX 200 Financials Index (ASX: XFJ) was hit hard today, tanking by 1.93%.

Consumer staples shares were left out in the cold as well, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) sinking 1.17%.

Industrial stocks were also unlucky. The S&P/ASX 200 Industrials Index (ASX: XNJ) slumped 1.05% this session.

Communications shares didn’t find many buyers either, illustrated by the S&P/ASX 200 Communication Services Index (ASX: XTJ)’s 0.71% dive.

Next came consumer discretionary stocks. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) copped a 0.27% slide this Thursday.

Our last losers this session were utilities shares, with the S&P/ASX 200 Utilities Index (ASX: XUJ) getting a 0.05% reduction.

Let’s get to the winners now, though. Leading the green sectors today were gold stocks. The All Ordinaries Gold Index (ASX: XGD) had an absolute blowout, rocketing up a huge 8.39%.

Broader mining shares were also on fire, as you can see by the S&P/ASX 200 Materials Index (ASX: XMJ)’s 3.52% surge.

Tech stocks had a day to remember, too. The S&P/ASX 200 Information Technology Index (ASX: XIJ) had roared 2.54% higher by the closing bell.

Healthcare shares lived up to their name as well, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) lifting 1.39%.

Energy stocks enjoyed another positive session. The S&P/ASX 200 Energy Index (ASX: XEJ) put on another 0.45%.

Finally, real estate investment trusts (REITs) got over the line, evident by the S&P/ASX 200 A-REIT Index (ASX: XPJ)’s 0.13% jump.

Top 10 ASX 200 shares countdown

It’s very rare that we see ten ASX 200 shares all gain more than 10% in one day, but here we are. Today’s winner did much better than 10%, though. Zip Co Ltd (ASX: ZIP) shares exploded 18.22% higher this session to finish at $3.05 each.

This followed the financial stock’s latest earnings, which clearly made an impression.

Here’s how the other top stocks tied up at the dock:

ASX-listed company	Share price	Price change
Zip Co Ltd (ASX: ZIP)	$3.05	18.22%
Super Retail Group Ltd (ASX: SUL)	$14.45	15.05%
Ora Banda Mining Ltd (ASX: OBM)	$1.59	14.03%
Codan Ltd (ASX: CDA)	$48.88	12.42%
Alkane Resources Ltd (ASX: ALK)	$1.77	10.97%
Regis Resources Ltd (ASX: RRL)	$8.23	10.92%
Bega Cheese Ltd (ASX: BGA)	$6.66	10.82%
Genesis Minerals Ltd (ASX: GMD)	$8.01	10.33%
Capricorn Metals Ltd (ASX: CMM)	$17.59	10.28%
Evolution Mining Ltd (ASX: EVN)	$15.07	10.16%

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen 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 Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.