S&P/ASX 200 Index (ASX: XJO) uranium share NexGen Energy Ltd (ASX: NXG) has been on a tear since plumbing multi-year lows on 9 April.

How much of a tear?

Well, at the 9 April close you could have bought NexGen shares for $6.51 apiece.

In early afternoon trade today, those same shares are changing hands for $14.24 each. That sees the ASX 200 uranium share up a very impressive 118.7% over the past eight and a half months.

For some context, the ASX 200 has gained 18.6% after closing near its own multi-year lows on 9 April.

The rapid share price gains also saw NexGen officially added to the ASX 200 last week, on 22 December. That was part of the S&P Dow Jones Indices December quarterly rebalance.

But with the stock having more than doubled since April, has the train already left the station on this one?

Why this ASX 200 uranium share could keep rocketing in 2026

L1 Capital’s Raphael Lamm has a bullish outlook for NexGen shares (courtesy of The Australian Financial Review).

Among his reasons for tipping the ASX 200 uranium share as a buy is the global resurgence for nuclear energy. This is being spurred by changing government policies as nations seek reliable baseload power amid the clean energy transition, and surging energy demand from power hungry AI-enabled data centres.

And this comes as new global uranium supplies remain limited.

The second reason you may want to by NexGen shares for the new year is its Rook I uranium project in Canada. Rook I is reported to host the largest undeveloped uranium deposit in the world.

The third reason NexGen shares could continue to outperform in 2026 (at current uranium prices) is its “highly attractive valuation”.

According to Lam (quoted by the AFR):

Rook I is capable of generating about CAD$2.8 billion (AU$3.1 billion) of EBITDA [earnings before interest, taxes, depreciation and amortisation] at US$80 a pound uranium, which implies a 3.5 times enterprise value to EBITDA multiple. By comparison Cameco, the largest Western producer of uranium, currently trades at about 28 times EV/ EBITDA.

NexGen shares on the uranium bull run

NexGen isn’t the only ASX 200 uranium share to amply reward shareholders since the 9 April market dip.

Taking a look at a few of the other top Aussie miners, the Deep Yellow Ltd (ASX: DYL) share price has surged 136.1% since 9 April. And Paladin Energy Ltd (ASX: PDN) shares have rocketed 140.3%.

But, in a reminder of the importance of diversification, Boss Energy Ltd (ASX: BOE) shares have tanked 37.8% since 9 April. That follows a significant downgrade in the production expectations at Boss Energy’s Honeymoon uranium project, located in South Australia.

The post Up 119% since April, 3 reasons to buy this newly-minted ASX 200 uranium share today appeared first on The Motley Fool Australia.

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• Why Boss Energy, DroneShield, EOS, and Netwealth shares are falling today
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• Here are the top 10 ASX 200 shares today

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 S&P/ASX 200 Index (ASX: XJO) has started the week in a subdued fashion. In afternoon trade, the benchmark index is down 0.35% to 8,731.3 points.

Four ASX shares that are not letting that hold them back are listed below. Here’s why they are rising:

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is up 10% to 60 cents. This morning, the copper miner announced that its Constellation Project has been granted development consent from the NSW Department of Planning, Housing and Infrastructure. Aeris Resources’ executive chair, Andre Labuschagne, said: “Receiving development consent represents a key milestone for the project.” Labuschagne added: Coupled with our recently declared Open Pit Ore Reserve, this places us in a strong position for Constellation to become the next major ore source for Tritton in the near term. We acknowledge and thank the NSW government for their continued support.”

Cobram Estate Olives Ltd (ASX: CBO)

The Cobram Estate Olives share price is up 16% to $3.79. Investors have been buying this olive oil producer’s shares since it announced an agreement to acquire California Olive Ranch. It is the leading producer and marketer of Californian extra virgin olive oil. The company has agreed a total consideration of US$173.5 million. This comprises cash of US$88.5 million, the issuance of vendor notes worth US$70 million, and an earn-out payment US$15 million. Cobram Estate Olives’ chair, Rob McGavin, said: “The acquisition of California Olive Ranch, Inc., delivers a compelling set of strategic and financial benefits for CBO. It immediately expands our Californian olive growing footprint from approximately ~1,422 hectares to around ~3,292 hectares of planted groves, while accelerating sales growth through the addition of well-established, premium household brands.”

Metallium Ltd (ASX: MTM)

The Metallium share price is up 4.5% to 98.2 cents. This follows news that the critical and precious metals company has commenced commissioning at its Texas Technology Campus. Management believes this milestone represents a major step in de-risking its U.S.-based critical-metals recovery platform. It notes that commissioning activities are progressing in parallel with ongoing construction works to support future expansion.

Weebit Nano Ltd (ASX: WBT)

The Weebit Nano share price is up 11% to $5.45. This morning, this semiconductor company revealed that it has signed a licensing agreement for its ReRAM technology with Texas Instruments (NASDAQ;:TXN). In addition, the company released revenue guidance for FY 2026, revealing that it expects revenue of at least $10 million. The company’s CEO, Coby Hanoch, said: “This agreement is another strong signal that the industry is moving towards ReRAM as the successor to flash memory in SoC designs.”

The post Why Aeris Resources, Cobram Estate Olives, Metallium, and Weebit Nano shares are racing higher today appeared first on The Motley Fool Australia.

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

S&P/ASX 200 Index (ASX: XJO) copper stocks have raced ahead of the benchmark in 2025.

And they look well placed to outperform again in 2026.

In early afternoon trade today, the ASX 200 is down 0.1%.

Meanwhile, shares in Sandfire Resources Ltd (ASX: SFR), perhaps Australia’s most pure play ASX 200 copper stock, are up 0.6% at $17.97. And shares in dual-listed, Canadian-based Capstone Copper Corp (ASX: CSC), which joined the ASX on 8 April, are up 1.8% at $15.50 each.

As for Australia’s largest miner, the BHP Group Ltd (ASX: BHP) share price is up 0.2% today at $45.69. Iron ore remains BHP’s top revenue earner but, as we’ll look at below, the mining giant’s copper earnings are rapidly growing and now come in at number two.

As for that blistering rally in ASX copper stocks, Sandfire shares are up 92.9% in 2025; Capstone Copper shares have gained 52.6%; and the BHP share price is up 14.4% (not including dividends).

For some context, the ASX 200 has gained 6.7% year to date.

ASX copper stocks enjoying surging copper price

Atop its broader use in construction, like plumbing, copper is considered a critical metal in the world’s energy transition.

Amid various recent mining disruptions, the copper price – as well as ASX 200 copper stocks – has also gotten a big added boost from the tariffs proposed by United States President Donald Trump. This has caused a material lift in the amount of copper being shipped to the US ahead of the potential implementation of those tariffs.

Indeed, the Aussie 200 copper stocks, including BHP, Capstone, and Sandfire, are enjoying all-time high prices for the red metal. Copper is now trading for US$12,163 per tonne, up 37% in 12 months.

And, as reported by The Australian Financial Review, both Morgan Stanley and Citigroup expect strong demand and limited new supplies to support copper prices in 2026.

With an eye on further interest rate cuts from the US Federal Reserve, Citigroup said the copper price could reach US$15,000 per tonne, or more than 15% above current levels, in its bull case scenario.

Little wonder then, that BHP is actively working to increase its copper exposure.

BHP shares boosting copper footprint

Though far from a pure play ASX 200 copper stock, BHP is rapidly increasing its copper production.

In its FY 2025 full year results release, BHP noted:

In FY25, BHP’s total copper production increased for a third consecutive year to a record 2,017 kt, 28% higher than in FY22, driven by strong performances across all operated copper assets.

This drove a 44% increase in our total copper Underlying EBITDA to US$12.3 bn and increased copper’s contribution to the Group’s Underlying EBITDA to 45% (FY24: 29%).

Group copper production for FY26 is expected to remain strong at between 1,800 kt and 2,000 kt on a consolidated basis.

Looking to what could impact BHP shares longer-term, the miner said:

As we look ahead to the 2030s, we have a number of projects in execution and under study that we estimate could deliver ~2 Mtpa of attributable copper production during the decade.

The post Can the sizzling rally in ASX 200 copper stocks boost BHP shares in 2026?  appeared first on The Motley Fool Australia.

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• Record copper price shines a light on BHP shares and these two other ASX 200 mining stocks

Citigroup is an advertising partner of Motley Fool Money. 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 recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

In the last, and shortened, trading week of 2025, S&P/ASX 200 Index (ASX: XJO) gold shares including Evolution Mining Ltd (ASX: EVN) are off to the races.

In late morning trade today, the ASX 200 is down 0.1%.

That’s despite the lifting efforts of most Aussie gold miners, with the S&P/ASX All Ordinaries Gold Index (ASX: XGD) up 0.3% at this same time.

Here’s how some of the leading ASX 200 gold shares are tracking at time of writing:

• Northern Star Resources Ltd (ASX: NST) shares are up 0.9% at $27.26
• Newmont Corp (ASX: NEM) shares are up 0.5% at $157.05
• Ramelius Resources Ltd(ASX: RMS) shares are flat at $4.20
• Evolution Mining shares are up 1.8% at $13.18
• Bellevue Gold Ltd (ASX: BGL) shares are down 0.2% at $1.71
• Perseus Mining Ltd (ASX: PRU) shares are up 0.5% at $5.76
• Vault Minerals Ltd (ASX: VAU) shares are up 1.6% at $5.53
• Westgold Resources Ltd (ASX: WGX) shares are up 0.9% at $6.56

Although the gold miners have given back some of their loftier early morning gains, they’re still clearly grabbing ASX investor interest today.

Here’s why.

What’s boosting ASX 200 gold shares today?

When the gold price rises, so too do the profits for most Aussie gold miners.

That’s because the costs of digging up an ounce of the yellow metal remain relatively fixed, regardless of the price the ASX 200 gold shares receive for it at the end of the day.

And, as you likely know, the gold price has been going ballistic.

Over the weekend the gold price set a new all-time high, topping US$4,533 per ounce. It’s since slipped a touch to be trading for US$4,516 per ounce at time of writing. This sees the gold price up more than 73% over the past 12 months in a historic rally for the precious metal.

And it’s come as welcome Christmas news to investors in ASX 200 gold shares, who have watched the share prices of their investments soar over the year. Pleasingly for passive income investors, a number of the top gold miners have also materially upped their dividend payments.

Gold has been catching tailwinds on numerous fronts. These includes strong central bank bullion buying, the prospect of further interest rate cuts from the US Federal Reserve, and ongoing geopolitical tensions and uncertainties.

Is it too late to ASX gold stocks like Evolution Mining?

Evolution Mining shares have surged 172.5% over the past year. And the ASX 200 gold share trades on a fully franked 1.5% trailing dividend yield.

The ASX All Ords gold index has gained 124.2% over this same time.

The outlook for further outsized share price gains for Evolution Mining and it rival ASX gold miners will depend largely on how gold moves in 2026.

While the future remains unknown by definition, a number of analysts are bullish on the trajectory of the gold price in 2026.

According to Global X investment strategist Justin Lin (quoted by The Australian Financial Review):

Momentum is sweeping through the precious metals space as retail investors have adopted a ‘better-late-than-left-behind’ mindset, even at the year’s end.

While some of the gold buying reflects genuine hedging demand, a sizable share too likely stems from fear of missing out as gold and silver have outshone every other asset class this year.

Global X forecasts the gold price to hit US$5,000 per ounces in 2026, with the potential to reach US$6,000 per ounce if global stock markets perform poorly or geopolitical tensions rise further.

Saxo Bank’s head of commodity strategy, Ole Hansen, also forecasts the gold price to reach US$5,000 per once in 2026. He noted:

As we head into 2026, gold is no longer just a hedge against inflation or falling rates – it is increasingly a cornerstone asset in a world defined by fragmentation, fiscal strain, and geopolitical uncertainty.

If 2026 does deliver ongoing gains in the gold price, we should see more outperformance from these top ASX 200 gold shares.

The post Can surging ASX 200 gold shares like Evolution Mining keeping smashing the benchmark in 2026? appeared first on The Motley Fool Australia.

More reading

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• 5 things to watch on the ASX 200 on Monday
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• At record prices, why don’t ASX gold miners pay high dividends?

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.

Shares in Bubs Australia Ltd (ASX: BUB) are back on investors’ radars today. This comes after the infant formula company released a fresh update on its progress in the United States.

The announcement centres on Bubs’ pathway toward permanent regulatory approval in the US, which remains the company’s most important growth market.

At the time of writing, Bubs shares are trading around 13.5 cents, giving the company a market capitalisation of roughly $121 million.

So, what exactly did Bubs say, and why does it matter?

Progress continues on US approval

According to the release, Bubs confirmed that the US Food and Drug Administration (FDA) continues to review the company’s New Infant Formula Submissions (NIFS).

These submissions cover all three of Bubs’ infant formula ranges currently sold in the US:

• Bubs Essential
• Bubs 365 Day Grass Fed
• Bubs Goat powder infant formulas

Management said the FDA review process remains on track, and importantly, there are currently no outstanding requests for information from the regulator.

Products can stay on shelves for now

One of the more reassuring parts of today’s update is around near-term sales continuity.

Bubs said the FDA has confirmed it will continue to allow the importation, sale, and distribution of Bubs’ infant formula products in the US after 31 December 2025, while the final review process is completed.

This will occur under the FDA’s ‘Enforcement Discretion’ framework, which has allowed certain international suppliers to operate in the US since the infant formula shortages emerged.

Why the US market matters so much

The US is already Bubs’ largest and most strategic market.

Earlier this year, Bubs completed what it described as the world’s largest single clinical infant formula trial, enrolling 478 infants over 16 months. The results from that trial formed a critical part of the data submitted to the FDA as part of the company’s approval process.

Permanent regulatory approval would move Bubs from a temporary supplier to a fully approved participant in the US infant formula market. That shift would open the door to broader distribution, longer-term contracts, and more predictable growth.

The bigger picture for investors

Bubs operates in a highly regulated industry, so progress can sometimes feel slow. However, today’s update points to steady progress for the company.

With the FDA still engaged, no new data requests, and ongoing access to the US market confirmed, Bubs appears to be nearing the final stages of its approval process.

For investors, timing is now the main focus. Formal approval remains the key hurdle, and until that happens, sentiment is likely to move around.

The post Why this ASX small-cap share is back in focus after a US market update appeared first on The Motley Fool Australia.

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• Why Boss Energy, DroneShield, EOS, and Netwealth shares are falling today
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• Forget gold! Meet the 2 metals up by +150% in 2025 and the ASX ETFs riding the wave
• Argo Investments launches 12-month on-market buy-back for up to 37 million shares

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.

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a small decline. At the time of writing, the benchmark index is down 0.2% to 8,744.2 points.

Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:

Boss Energy Ltd (ASX: BOE)

The Boss Energy share price is down 3% to $1.37. This uranium producer’s shares have been crushed this year following the release of its Honeymoon project review. That review has indicated an expected material and significant deviation from the assumptions underpinning its 2021 Enhanced Feasibility Study (EFS). Boss Energy’s managing director, Matthew Dusci, remains hopeful that there is still a way forward. He said: “Although Boss acknowledges this disappointing outcome, the Honeymoon Review and delineation drilling programs have enabled the identification of a potential pathway forward through a new wide-spaced wellfield design. While additional work is necessary to finalise a New Feasibility Study, this development presents an opportunity for Boss to potentially lower operating costs, optimise production profiles, and extend mine life compared to the current wellfield design.”

DroneShield Ltd (ASX: DRO)

The DroneShield share price is down 6% to $3.09. This is despite there being no news out of the counter drone technology company today. However, it is worth noting that DroneShield’s shares have been strong performers this month. So much so, despite today’s pullback, its shares remain up by 55% since this time last month. They are also up over 300% since the start of the year.

Electro Optic Systems Holdings Ltd (ASX: EOS)

The EOS share price is down 5% to $8.79. This could also be due to profit taking from some investors following a strong gain this month. EOS shares remain up over 90% since this time last month despite today’s weakness. In addition, optimism that Ukraine and Russia could soon sign a peace deal could be weighing on its shares. Investors may believe a peace deal would lessen demand for its defence products.

Netwealth Group Ltd (ASX: NWL)

The Netwealth share price is down over 5% to $25.43. This is despite there being no news out of the investment platform provider on Monday. Earlier this month, the company revealed that it had agreed to compensation payments of approximately $101 million to members impacted by the First Guardian Master Fund collapse.

The post Why Boss Energy, DroneShield, EOS, and Netwealth shares are falling today appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield, Electro Optic Systems, and Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Shares in Treasury Wine Estates Ltd (ASX: TWE) have piled on more than 10% across the past two trading days after it emerged that French billionaire Olivier Goudet had acquired a significant stake in the company.

Treasury lodged a statement with the ASX on Christmas Eve, indicating that Mr Goudet had increased his stake to 41 million shares in the Penfolds producer, with that stake worth about $226 million at the company’s share price on Monday.

Corporate raider

Mr Goudet is well known in European business circles as the former head of JAB Holding, which managed the wealth of Germany’s Reimann family.

While in that role, Mr Goudet spearheaded the takeover of companies including Krispy Kreme and Pret a Manger, and according to a report in The Australian, he also personally bought a chateau in Bordeaux with his wife in 2021.

Mr Goudet, who was also the former Chief Financial Officer at Mars, stepped down from JAB Holding in 2023.

Buying the dip

The significant shareholder notice lodged with the ASX shows Mr Goudet’s Luxembourg-based company, Platin, started buying shares at $6.78 back in early October.

The purchases continued on an almost-daily basis right through to December 23, when Platin picked up 3.9 million shares for $5.

Treasury shares are down significantly from their 12-month highs of $11.48, achieved at about this time last year. The company recently wrote down the value of its US business by $687 million and warned in mid-December of ongoing weakness in its US and China businesses.

New Chief Executive Sam Fischer announced on December 17 that the company would launch a $100 million cost-cutting program, warning that “category dynamics have weakened in recent months”.

The company also said its ultra-luxury tiers, “while in growth globally, are performing below expectations, reflecting weakness in global fine wine markets”.

Mr Fischer said regarding the outlook:

We are currently experiencing category weakness in the US and China, two of our key growth markets, which will impact our business performance in the near-term. Maintaining the strength of our brands and the health of their respective sales channels is of critical importance to our Management team and our Board as we navigate through the current environment.

TWE is a high-quality business with strong foundations in place for sustainable, profitable growth. Our powerful portfolio of brands, leading market positions in attractive growth markets, unparalleled supply chain and highly engaged, capable team are all considerable strengths that position us strongly to deliver sustainable, profitable growth over the long-term.

Treasury shares traded as high as $5.54 on Monday before settling back to be 1.8% higher at $5.49.

The post Treasury Wine shares pile on the gains after French billionaire buys in 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 positions in and has recommended Treasury Wine Estates. The Motley Fool Australia has positions in and has recommended Treasury Wine Estates. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

In the world of commodities, 2025 has been dominated by a relentless surge in the gold price.

So far this year, bullion has delivered more than 50 new all-time highs, adding another record this week after smashing through US$4,500 an ounce.

Overall, the gold price has now climbed by about 73% since the start of January.

Not surprisingly, it has comfortably outpaced the broader market with the All Ordinaries Index (ASX: XAO) up by 7% during the same period.

In turn, leading ASX 200 gold miners have been major beneficiaries from the price surge.

For example, shares in the world’s biggest gold producer Newmont Corporation CDI (ASX: NEM) have soared by more than 160% since early January.

Fellow gold mining heavyweight Evolution Mining Ltd (ASX: EVN) has also delivered similar gains.

However, despite dominating headlines, gold has not been the top-performing metal in 2025.

In fact, two other precious metals have handsomely outpaced the gold price since the start of January.

Below, we take a closer look at these surging metals and how ASX investors could potentially gain exposure through exchange traded funds (ETFs).

Platinum

Platinum is a rare metal best known for its use in jewellery.

However, its unique physical and chemical characteristics also play a key role in industrial sectors, including medical, electronic, automobile, defence, and aerospace.

Notably, 2025 marks the third year in a row where the platinum market has been in a supply deficit.

Against this backdrop, the platinum price has surged by about 180% since the start of January to more than US$2,500 an ounce.

However, investors seeking exposure to this rally have limited options on the ASX.

One practical solution could be the Global X Physical Platinum Structured (ASX: ETPMPT) ETF.

This ASX ETF is designed to generate returns that correspond with the platinum price, excluding fees and expenses.

Its shares have rocketed by 150% in 2025, reaching $339.99 apiece at the time of writing.

Silver

Silver is typically known for its use in jewellery, coins, and as bullion stored in vaults.

But this narrative is rapidly changing.

Silver also boasts superior electrical and thermal conductivity, making the metal an important component in solar panels, electric vehicles, and consumer electronics.

Since the start of the year, the silver price has climbed by about 188%, reaching new all-time highs just this week after breaking through US$80 per ounce.

Like with platinum, one avenue for exposure to the soaring silver price is through an ASX ETF, namely the Global X Physical Silver Structured (ASX: ETPMAG) ETF.

This ASX ETF aims to generate returns that mirror the silver spot price in Australian dollars, minus the fees. 

Shares in this ASX ETF are changing hands at $110.22 apiece at the time of writing, up by 153% just this year.

The post Forget gold! Meet the 2 metals up by +150% in 2025 and the ASX ETFs riding the wave appeared first on The Motley Fool Australia.

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Motley Fool contributor Bart Bogacz 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 Argo Investments Ltd (ASX: ARG) share price is in focus after announcing a new on-market buy-back facility, with plans to repurchase up to 37 million shares over the next 12 months.

What did Argo Investments report?

• Maximum of 37 million shares to be bought back on market
• Total shares on issue: 758,789,060
• Buy-back will run from 2 January 2026 to 31 December 2026
• Macquarie Securities (Australia) Ltd appointed as broker
• Buy-back to be conducted in Australian dollars (AUD)
• No security holder approval required

What else do investors need to know?

The buy-back is intended as part of Argo Investments’ ongoing capital management strategy. By renewing its on-market buy-back facility for another 12 months, the company is providing itself an additional lever to support its share price and return surplus capital to shareholders when appropriate.

The buy-back does not specify a minimum number of shares to be purchased, giving the company flexibility to act in shareholders’ best interests depending on market conditions. Shareholders are not required to approve this buy-back.

What’s next for Argo Investments?

The buy-back program gives Argo Investments the ability to manage its capital more efficiently, potentially enhancing returns for existing shareholders. The company will review market opportunities throughout the year and adjust the pace and scale of buy-backs as needed.

Looking ahead, continued focus on disciplined capital management is likely to remain a core part of Argo’s strategy, with an eye on delivering steady returns for investors.

Argo Investments share price snapshot

Over the past 12 months, Argo Investments shares have risen 2%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.

View Original Announcement

The post Argo Investments launches 12-month on-market buy-back for up to 37 million shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The All Ordinaries Index (ASX: XAO) is up 6.9% over the past 12 months, with this ASX All Ords copper stock racing ahead of those gains.

The strongly outperforming miner in question is Aeris Resources Ltd (ASX: AIS), with shares leaping higher again today.

Aeris Resources shares closed on Wednesday trading for 54.5 cents. In morning trade on Monday, following the four-day Christmas holiday trading break, shares are trading for 58 cents each, up 6.4%.

This sees the ASX All Ords copper stock up a whopping 241.2% since this time last year. Or enough to turn a $10,000 investment into $34,120. Not bad for a year’s work.

Part of the meteoric rise can be attributed to the surging copper price. Copper is currently fetching US$12,163 per tonne, up almost 39% over 12 months. This comes amid rising demand for the red metal to meet the needs of the global energy transition at a time of limited new supplies.

But Aeris Resources has hardly been sitting on its laurels.

Here’s what’s piquing renewed investor interest today.

ASX All Ords copper stock rips higher on project go-ahead

The Aeris Resources share price is surging again today after the company announced that its Constellation Project has been granted development consent from the NSW Department of Planning, Housing and Infrastructure.

Constellation is a copper-gold-silver project located in New South Wales.

The ASX All Ords copper stock labelled the consent a “critical step” that enables Constellation to move towards development.

The project sits in the Cobar Basin Region, approximately 45 kilometres from the Tritton Processing Plant.

Management highlighted that the open-pit Ore Reserve Estimate includes a Probable Ore Reserve of 2.3 Mt at 2.0% Cu, 0.6 g/t Au, 3 g/t Ag, containing 47 kt Cu, 49 koz Au, and 228 koz Ag.

(Note: Cu = copper; Au = gold; Ag = silver.)

The Total Mineral Resource Estimate for the project stands at: 7.6 Mt at 2.0% Cu, 0.7 g/t Au, and 2.5 g/t Ag.

What did management say?

Commenting on the development green light from the New South Wales government that’s boosting the ASX All Ords copper stock today, Aeris Resources executive chairman Andre Labuschagne said, “Receiving development consent represents a key milestone for the project.”

Labuschagne added:

Coupled with our recently declared Open Pit Ore Reserve, this places us in a strong position for Constellation to become the next major ore source for Tritton in the near term. We acknowledge and thank the NSW government for their continued support.

The post Up 241% in 12 months, why is this ASX All Ords copper stock leaping higher again on Monday? 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.