Australian investors have $353 billion invested across 451 ASX exchange-traded funds (ETFs) on the market today.

This week on The Bull, Andrew Wielandt of DP Wealth Advisory offers his recommendations as to which ones to buy.

Let’s take a look.

Milford Australian Absolute Growth Complex ETF (ASX: MFOA)

The Milford Australian Absolute Growth Complex ETF is steady at $11.46 apiece today.

This ASX ETF invests in a diversified portfolio of predominantly ASX shares, as well as some international equities and cash. 

Wielandt explains his buy rating on this ASX ETF:

The fund aims to generate returns of 5 per cent above the Reserve Bank of Australia’s cash rate.

The fund also aims to preserve capital in times of uncertainty.

Major holdings included BHP Group Ltd (ASX: BHP), National Australia Bank Ltd (ASX: NAB) and Westpac Banking Corp (ASX: WBC) shares.

This ETF proved its resilience during market volatility in March 2026.

The ETF has risen from $10.87 on June 12, 2025 to trade at $11.31 on June 11, 2026.

We like MFOA’s outlook in volatile and stable times.

The RBA’s cash rate is 4.35% after three increases already in 2026 due to resurgent inflation.

The RBA will announce its next interest rate call this afternoon at 2:30pm.

This ASX ETF’s management fee is 0.9%.

Betashares FTSE Rafi Australia 200 ETF (ASX: QOZ)

The Betashares FTSE Rafi Australia 200 ETF is down 0.2% at $19.51 apiece on Tuesday.

Wielandt likes this ASX ETF because it considers the fundamental size or economic footprint of a business, rather than just its market capitalisation. As a result, it focuses more on value shares within the S&P/ASX 200 Index (ASX: XJO).

Betashares explains the strategy:

The index which QOZ aims to track provides exposure to a diversified portfolio of Australian equities, weighted in a way that is reflective of the economic importance rather than the market capitalisation of its constituents.

Constituent weighting is based on accounting values and is known as “Fundamental indexing”.

Portfolio holdings included BHP shares, Commonwealth Bank of Australia (ASX: CBA), and Woodside Energy Group Ltd (ASX: WDS).

Wielandt also has a buy rating on this ASX ETF.

He comments:

The ETF has posted returns of 10.87 per cent per annum over the past five years and 19.12 per cent in the past year to May 29, 2026.

Consistent performance is appealing during volatile times.

The management fee is 0.4%.

The post 2 ASX ETFs to buy: expert appeared first on The Motley Fool Australia.

More reading

• Should I buy the dip on Ampol shares today?
• We’re back in a value market: Here’s 3 ASX ETFs to target
• Three unique ASX ETFs to target the ASX 200 

Motley Fool contributor Bronwyn Allen has positions in BHP Group. 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.

DroneShield Ltd (ASX: DRO) shares are climbing higher in Tuesday morning trade.

At the time of writing, the shares are up around 1.7% to $2.97 a piece and reversing losses shed on Monday.

The increase is good news for investors, but it’s been a volatile ride for the ASX defence stock this year, and there is some way to go before the share price returns to the highs seen in January. 

DroneShield shares have fluctuated anywhere between $4.74 in January and a low of $2.77 last week. At the current trading price, the stock is down over 10% year to date and 37% from its January 2026 peak.

Thanks to last year’s rally, the shares are still around 69% higher than 12 months ago.

Why are DroneShield shares tumbling?

There has been a huge shift in sentiment for DroneShield shares over the past couple of months.

The counter-drone technology stock has attracted a lot of interest over the past year. Investors flocked to defence-related shares when governments around the world hiked their defence budgets and geopolitical risk worsened. 

But now there’s concern that DroneShield’s future growth may not be large enough to justify the latest share price. Even a flurry of contract wins hasn’t been enough to convince investors.

At the same time, it looks like a combination of recent governance and regulatory issues and cooling conflict in the Middle East has dragged investor sentiment down further.

DroneShield shares climbed higher during the first week of May, but then took a U-turn after the company announced that the Australian Securities and Investments Commission (ASIC) had requested DroneShield to provide reasonable assistance in connection with an investigation under the Corporations Act.

The investigation relates to market announcements and share trading in November 2025. 

The company made several announcements during this time, including new contract announcements and news that several executives were selling DroneShield shares through on-market trades. But it’s unclear if any of these are under investigation by ASIC.

And all this has happened amid a background of signs of easing conflict in the Middle East. While heightened conflict can increase interest in defence technology, particularly counter-drone systems, signs of easing can do the opposite.

What do analysts forecast for the shares now?

It’s not only investors which have pulled back from DroneShield shares, many analysts have also downgraded their outlook for the once-booming ASX defence company.

In late-May, TradingView data showed two analyst ratings – one as a strong buy, and the other as a hold. The average target price was $4.10.

But today shows how much analyst sentiment has shifted.

The latest TradingView data shows three analysts ratings – one is a strong buy and another two rate DroneShield shares as a sell or strong sell. The average target price is now $3.29. Although after the last share price plunge, the average target price still implies around an 11% upside, at the time of writing.

Some are even more bearish and think the shares have the potential to drop around 23% to $2.28 over the next 12 months.

The post Down 37%. Has the market lost interest in DroneShield shares? appeared first on The Motley Fool Australia.

More reading

• Can the DroneShield share price climb back to $6?
• 3 ASX shares I’d buy that are not banks, miners, or supermarkets
• DroneShield’s big European news fails to halt share price slide
• Here are the 10 most shorted ASX shares
• ASX defence shares like Droneshield have soared since 2022. Is there any growth left?

Motley Fool contributor Samantha Menzies 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. 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.

Mineral Resources Ltd (ASX: MIN) shares are a popular option for investors looking for exposure to the mining sector.

And thanks to strong commodity prices, they have been a successful investment.

Over the past 12 months, the mining and mining services company’s shares are up over 200%.

The good news is that Bell Potter believes the run can continue.

What is the broker saying?

Bell Potter is positive on the company’s outlook and believes the strong operational momentum could continue as management looks to take advantage of robust lithium market sentiment and prices. It explains:

MIN’s FY26 guidance midpoints imply SC6e sales down 13% QoQ at Wodgina and 15% QoQ at Mt Marion. We see upside, with strong operational momentum from the prior quarter continuing as the company capitalises on robust lithium market sentiment and prices. We expect Onslow iron ore sales to improve 17% QoQ following an inventory build in the prior cyclone-affected quarter.

Speaking of which, Bell Potter has boosted its lithium price forecasts to reflect strong demand forecasts. It said:

We have compared medium term lithium supply restarts and greenfield projects against expected demand. While Australian-based projects could add up to 590ktpa LCE (unrisked) by 2030, we view this as highly optimistic given permitting and development lead-times; and we don’t expect RoW supply will be as forthcoming.

Demand projections suggest an additional +1Mtpa LCE will be required over the same timeframe. Our spodumene concentrate (6% Li2O basis) price outlook is upgraded by 11% for the remainder of 2026, 7% in 2027 and 17% in 2028. We have also lifted our long-term spodumene concentrate price to US$1,500/t (real, previously US$1,400/t).

This has seen the broker make meaningful earnings upgrades for FY 2026, FY 2027, and FY 2028.

Mineral Resources shares tipped to rise

According to the note, the broker has retained its buy rating on Mineral Resources shares with an improved price target of $83.00 (from $80.50).

Based on its current share price of $71.42, this implies potential upside of 16% for investors over the next 12 months.

And while no dividends are expected in FY 2026, the broker believes they could return in FY 2027.

Commenting on its buy recommendation, Bell Potter said:

Completion of the US$765m MIN-POSCO lithium transaction will accelerate balance sheet deleveraging paired with cash flows from persistent iron ore and lithium market prices. MIN’s mining services platform delivers a stable earnings stream that is expected to expand with internal and third-party volume growth. The company is well positioned to execute its next phase of growth with potential to reinstate fully franked dividends.

The post Up 200%: Can Mineral Resources shares keep rising? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
• Bell Potter just raised its price targets on these 2 ASX lithium stocks
• Bell Potter names the best ASX 200 shares to buy in June
• How ASX 200 lithium stocks like Liontown, Mineral Resources and PLS shares again beat the benchmark in May
• Buy, hold, sell: Mineral Resources, IAG, Origin Energy shares

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

The gold price has had a turbulent few months and is down 3% year to date, according to the team at Macquarie, driven, they say, by inflationary pressures exacerbated by the Middle East conflict.

This has also impacted the ASX-listed gold miners, many of which have traded flat or down over the period following a very strong calendar 2025.

Macquarie has just this week published a new research report into the ASX gold sector, and has upgraded two companies.

Let’s look at those first.

Evolution Mining Ltd (ASX: EVN)

The Macquarie team said Evolution delivered third-quarter results that missed expectations, and since then, “we believe Evolution shares have pulled back to a more reasonable valuation”.

They said they are forecasting material increases in earnings per share over FY27 and FY28, and they upgraded the shares from neutral to outperform.

Macquarie has a price target of $13 for Evolution shares, compared to $13.04 currently.

Greatland Resources Ltd (ASX: GGP)

Macquarie has also upgraded Greatland from neutral to outperform, saying they believe the company is on track to exceed its FY26 production and cost guidance.

They added:

Valuation has pulled back more recently, we believe offering an attractive entry to a growing production base across Telfer/Havieron. We anticipate a final investment decision (FID) for the Havieron project in the current quarter (4Q FY26) and a potential spin-off of the O’Callaghans tungsten project as near-term catalysts. An updated multiyear mine plan for Telfer is anticipated late in FY27.

Macquarie has a price target of $14 on Greatland shares, compared to $13.83 currently.

Now let’s look at some of the other companies they’ve rated as outperform.

Newmont (ASX: NEM)

The Macquarie team said Newmont was their top large-cap pick and they have a bullish price target of $176 on the shares, compared to $149.34 currently.

The analyst team said the company was “demonstrating stable production and capital discipline, evidenced, we believe, by its solid 1Q result in April, which surprised to the upside on our numbers and consensus”.

They said the company had balance sheet strength, and its US$6 billion buyback showed a commitment to rewarding shareholders.

Capricorn Metals (ASX: CMM)

The Macquarie team has a $16 price target on this gold company, compared to the current price of $13.23.

They said the company combines a stable, low-cost production base from its existing Karlawinda mine with pending growth from its Mt Gibson development project.

The Karlawinda project is also in the process of expanding, which would boost throughput from 4Mtpa to 6.5Mtpa, and output to about 150,000 ounces per year.

And finally…

Genesis Minerals (ASX: GMD)

Genesis is one of Macquarie’s top picks with a bullish share price target of $9 compared to $5.62 currently.

The analyst team said Genesis has a strong management team, which has carried out counter-cyclical M&A to grow the company, and it has also managed to exceed its initial production guidance over the past two years.

They added:

We believe that with its strong management team, a solid and deliverable growth pipeline to over 500koz, and disciplined cost control, GMD should trade at a premium to peers.

The post Which ASX gold miners has Macquarie just upgraded? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
• Here are the top 10 ASX 200 shares today
• 5 things to watch on the ASX 200 on Monday
• Why Brazilian Rare Earths, Evolution Mining, Magellan, and Qantas shares are racing higher today
• 5 things to watch on the ASX 200 on Friday

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

Shares in Dimerix Ltd (ASX: DXB) were on a tear Tuesday morning after the ASX biotech announced a licensing agreement that could be worth almost half a billion dollars.

Deal with an Asia focus

The company said in a statement to the ASX that it had licensed its DMX-200 drug to Everest Medicines for use across China, South Korea, and Southeast Asia.

The drug is used to treat Focal Segmental Glomerulosclerosis (FSGS), which Dimerix said was estimated to affect 500,000 to 1 million people in the licensing regions.

Under the deal, Dimerix will receive an upfront payment of US$10 million and up to US$330 million in potential milestone payments.

This is the fifth licensing deal Dimerix has struck for DMX-200, and cumulatively, the company could be paid a total of $1.9 billion in combined upfront and licensing payments.

Dimerix said the drug was currently in a pivotal Action3 Phase 3 trial for its use in treating FSGS, which is a rare and serious kidney disease with no approved therapies across these regions.

Patients from 21 countries have been enrolled in the trial, Dimerix said.

The company added:

In early 2024, Dimerix reported positive interim results from the Action3 trial in FSGS, showing DMX 200 was performing better than placebo in reducing proteinuria at that time.8 There have been no safety concerns to date following 8 reviews by the independent data monitoring committee, the most recent in June 2026. In April 2026, an external statistical blinded review of Action3 data achieved its objective by confirming that the study remains appropriately statistically powered (>90%) to demonstrate a treatment effect for the primary study endpoint of proteinuria; meaning that if DMX-200 continues to reduce proteinuria in trial patients as anticipated, then there is a >90% chance that the study will successfully show a statistically significant proteinuria treatment effect at the trial’s conclusion.

Everest a strong partner

Dimerix Managing Director Dr Nina Webster said the company was delighted to be partnering with Everest, which had “strong rare renal disease expertise and a proven track record in commercialising in Greater China, South Korea and certain Southeast Asian countries”.

She added:

Importantly, this collaboration significantly expands the potential reach of DMX-200 into a large and underserved patient population. Everest is well positioned to maximise the opportunity in the licensed regions, while allowing Dimerix to retain focus on progressing our global registrational program, delivering value for shareholders and providing real hope for patients with FSGS across the globe in need of treatment options.

Dimerix shares were 21.2% higher at 20 cents. The company was valued at $99.1 million at the close of trade on Monday.

The post Why is this ASX biotech rocketing more than 20%? appeared first on The Motley Fool Australia.

More reading

• Down 37%. Has the market lost interest in DroneShield shares?
• Up 200%: Can Mineral Resources shares keep rising?
• Which ASX gold miners has Macquarie just upgraded?
• Experts name 3 ASX shares to sell this week
• Up 238% in a year, ASX All Ords copper stock hits new high-grade zone

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.

It can be just as important to know which ASX shares to avoid as it is to know which ones to own when you are aiming to outperform the market.

After all, if you own shares that are likely to fall in value, your portfolio returns could suffer.

With that in mind, let’s look at three ASX shares that analysts have named as sells this week, courtesy of The Bull. Here’s what they are bearish on:

Lotus Resources Ltd (ASX: LOT)

EnviroInvest has named uranium producer Lotus Resources as a sell this week.

It was disappointed with the company’s quarterly update, which revealed that it is facing several operational challenges. It commented:

This uranium producer is advancing the Kayelekera mine in Malawi and the Letlhakane project in Botswana. Uranium plays an important role in reducing global emissions and it’s encouraging the Kayelekera mine is moving towards steady-state production. However, the latest quarterly report highlighted several operational challenges, including lower-than-expected recoveries, re-agent shortages and the withdrawal of previously reported grade and recovery figures while reconciliation processes are reviewed.

The company remains well funded and believes these issues are manageable. Even so, in our view, operational uncertainty during a critical production ramp-up phase increases risk and warrants a more cautious approach.

Nine Entertainment Co Holdings Ltd (ASX: NEC)

The team at DP Wealth Advisory has named entertainment company Nine Entertainment as a sell this week.

It feels that higher interest rates in a slowing economy make for a challenging environment. It explains:

This TV, newspaper publishing and streaming company has restructured its asset portfolio. It completed the sale of Nine Radio on April 30 and acquired QMS Media on March 31. The prospect of higher interest rates in a slowing economy present challenges, making it difficult to identify sufficient catalysts for meaningful growth.

In our view, there remains a structural shift away from free-to-air television towards streaming services and video on demand, but this is only partially addressed through NEC’s 9Now and Stan platforms in a fiercely competitive environment.

PEXA Group Ltd (ASX: PXA)

DP Wealth Advisory has also named property settlements technology company PEXA as a sell this week.

It believes the proposed changes to capital gains tax and negative gearing could have a negative impact on the property market. It said:

PEXA is a digital property exchange business operating in Australia and more recently the UK. Australian property transaction volumes grew by 7 per cent in the third quarter of 2026, but moderated in the UK from the first half. In our view, recent proposed changes to capital gains tax and negative gearing are likely to have a cooling impact on the Australian property market. Investors may want to consider cashing in some gains and see what unfolds in the Australian and UK property markets.

The post Experts name 3 ASX shares to sell this week appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: PEXA Group, Domino’s Pizza, GQG Partners shares
• Here are the 10 most shorted ASX shares
• Vicinity Centres: Chairman Trevor Gerber announces 2026 retirement
• Buy, hold, sell: Nine Entertainment, Wesfarmers, BHP shares
• Here are the 10 most shorted ASX shares

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 PEXA Group. The Motley Fool Australia has positions in and has recommended PEXA Group. The Motley Fool Australia has recommended Nine Entertainment. 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 All Ordinaries Index (ASX: XAO) has gained 3.3% over the past year, but this ASX All Ords copper stock has left those gains wanting.

The fast-rising copper miner in question is Hot Chili Ltd (ASX: HCH).

In morning trade today, the All Ordinaries is down 0.6% while Hot Chili shares are down 0.5%, changing hands for $1.96 apiece.

Despite the modest retrace today, shares in the ASX All Ords copper stock are up 237.9% over the last 12 months. That’s enough to turn a $10,000 investment into $33,793.

In one year.

Indeed, it was this rapid share price and resulting market cap gain that saw Hot Chili added to the All Ordinaries on March 23. That came as part of the S&P Dow Jones Indices March 2026 quarterly rebalance.

Hot Chili has been a clear beneficiary of rocketing global copper prices. Trading for US$13,745 per tonne today, the copper price is up more than 42% in a year.

But the miner has hardly been sitting idle over this time.

Here’s what Hot Chili just reported this morning.

ASX All Ords copper stock hits new high-grade intercepts

The Hot Chili share price is slipping despite the miner announcing promising drilling results from its La Verde copper-gold porphyry discovery, in Chile.

La Verde is located just 30 kilometres from the miner’s Costa Fuego planned central processing hub.

The ASX All Ords copper stock reported on a single drill hole, noting that the assay results are pending for 22 drill holes, comprised of six diamond and 16 reverse circulation (RC) holes.

Management expects these to confirm “significant extensions” to La Verde’s high-grade core, and the company has engaged a second ISO-accredited laboratory to help speed up the assay result turnaround times.

As for the latest diamond drill hole results, management said it returned grades “well above visual expectation … adding to La Verde’s rise as one of Chile’s most significant new coastal copper-gold (Cu-Au) porphyry discoveries”.

The hole was reported to have recorded 391.1 metres grading 0.51% copper equivalent (CuEq), comprised of 0.42% Copper and 0.11 grams of gold per tonne, from the surface.

This included 17.8 metres grading 0.68% CuEq (0.63% Cu, 0.06 g/t Au) from the surface, and 40.7 metres grading 0.60% CuEq (0.50% Cu, 0.12 g/t Au) from 103.3 metres.

What’s next for Hot Chili shares?

Looking at what could impact Hot Chili shares in the months ahead, the ASX All Ords copper stock has three drill rigs operating at La Verde.

The miner is aiming to deliver a maiden Mineral Resource for La Verde and a revised Pre-feasibility for its Costa Fuego copper-gold project.

The post Up 238% in a year, ASX All Ords copper stock hits new high-grade zone appeared first on The Motley Fool Australia.

More reading

• Down 37%. Has the market lost interest in DroneShield shares?
• Up 200%: Can Mineral Resources shares keep rising?
• Which ASX gold miners has Macquarie just upgraded?
• Why is this ASX biotech rocketing more than 20%?
• Experts name 3 ASX shares to sell this week

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.

Oil prices are falling again on Tuesday as traders react to the proposed peace agreement between the United States and Iran.

At the latest check, West Texas Intermediate (WTI) crude oil is trading at US$81.26 a barrel, while Brent crude has fallen to US$83.59 a barrel.

Both benchmarks lost close to 5% during the previous session and have now fallen by more than 20% over the past month.

The decline has pushed oil prices back towards levels last seen before the conflict caused major disruption to supplies from the Persian Gulf.

The next question is whether crude can hold above US$80 a barrel.

Let’s dive right in.

Supply fears are fading

The United States and Iran have reached an interim agreement that could end the conflict and reopen the Strait of Hormuz.

It is expected to be formally signed in Switzerland on Friday.

US President Donald Trump has said oil shipments from the Persian Gulf can resume once it takes effect. The US blockade of Iranian ports is also expected to be lifted.

The waterway handles around 1/5th of global oil shipments, making it an important energy route.

The prospect of those shipments returning has eased some of the supply concerns that pushed oil above US$100 a barrel earlier this year.

However, neither country has released the full terms of the deal. Shipping companies are still waiting for more details before sending vessels through the strait.

How low could oil go?

Some analysts expect crude to remain under pressure as more Persian Gulf supply returns to the market.

Citigroup has cut its average Brent crude forecast to US$75 a barrel for the third quarter and US$70 for the final 3 months of 2026.

Iran has also reduced the premium on its main light crude grade sold to Asian buyers.

The July premium has been lowered to US$7.15 a barrel above the Oman-Dubai average, down from US$13 in June.

Keep in mind, though, supply won’t return all at once.

The mines still need to be cleared, while insurers and shipping companies must decide when it’s safe to send vessels through the region.

Producers will also need time to restore output and restart export schedules.

Capital Economics expects energy flows through the strait to recover to around 80% of pre-war levels by September. Other estimates suggest a broader recovery could take roughly 4 to 6 months.

Geopolitical risks remain

There are still a few reasons for traders to remain cautious.

The United States and Iran have given different versions of what was agreed on regarding sanctions, frozen assets, and Iran’s nuclear program.

Furthermore, Israel was not directly involved in the talks, while military activity in Lebanon has continued.

And the full terms have also not been released publicly.

This leaves the oil market exposed to further volatility if the ceasefire is delayed or regional tensions increase again.

The post Oil prices are collapsing again. How low could they go? appeared first on The Motley Fool Australia.

More reading

• Down 37%. Has the market lost interest in DroneShield shares?
• Up 200%: Can Mineral Resources shares keep rising?
• Which ASX gold miners has Macquarie just upgraded?
• Why is this ASX biotech rocketing more than 20%?
• Experts name 3 ASX shares to sell this week

Citigroup is an advertising partner of Motley Fool Money. 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.

S&P/ASX 200 Index (ASX: XJO) shares are down 0.3% to 8,890.1 points on Tuesday.

Among the 11 market sectors, energy is in the lead, recovering 0.8% after yesterday’s thrashing on news of a US-Iran peace deal.

The consumer discretionary sector is the laggard, down 1.5% today, giving back some of last week’s big gains.

Let’s take a look at some new ratings on three ASX shares.

GQG Partners Ltd (ASX: GQG)

The GQG Partners share price is $1.43, down 0.7% today and down 19% in the calendar year to date (YTD). 

Morgans has reiterated its accumulate rating on this ASX financial share. 

The broker said: 

GQG has provided a May FUM update. Overall, monthly outflows appear to be stabilising in the -A$1.5bn to -A$2.0bn range, although investment performance remains highly volatile.

While FUM is effectively flat calendar year-to-date, with outflows offset by positive market movements, we acknowledge it will be difficult for GQG to re-rate until the current outflow cycle ends.

While the near-term operating environment remains difficult, we continue to see long-term value in the GQG franchise, trading at ~9x FY1 PE with a ~10% dividend yield.

Morgans reduced its 12-month price target from $1.92 to $1.64.

This implies a potential 15% upside from here.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

The Domino’s Pizza share price is $15.89, down 0.5% today and down 27% YTD. 

Morgans has downgraded its rating on this ASX consumer discretionary share to hold.

The broker said: 

The trading environment for DMP has become more challenging than previously assumed, and we have updated our forecasts to reflect a weaker SSS (same-store-sales) outlook across all three regions, compounding cost pressures on ANZ franchisee economics, and a more adverse FX environment in Japan.

The earnings recovery, albeit modest, remains on track but it is entirely cost-driven; there is no volume improvement embedded in our numbers until outer years.

We move to a HOLD rating until there is evidence of further cost management and SSS recovery.

The broker reduced its price target from $25 to $17.60.

This suggests 10% capital growth ahead.

Domino’s Pizza is currently one of the most shorted shares on the ASX.

PEXA Group Ltd (ASX: PXA)

The PEXA Group share price is $10.39, down 1.6% today and down 22% YTD. 

PEXA is a digital property exchange business operating in Australia and, more recently, the UK.

Andrew Wielandt from DP Wealth Advisory has a sell rating on this ASX real estate share. 

Wielandt said (courtesy The Bull):

Australian property transaction volumes grew by 7 per cent in the third quarter of 2026, but moderated in the UK from the first half.

In our view, recent proposed changes to capital gains tax and negative gearing are likely to have a cooling impact on the Australian property market.

Investors may want to consider cashing in some gains and see what unfolds in the Australian and UK property markets.

The post Buy, hold, sell: PEXA Group, Domino’s Pizza, GQG Partners shares appeared first on The Motley Fool Australia.

More reading

• Experts name 3 ASX shares to sell this week
• Buy, hold, sell: Domino’s, Super Retail, and Symal shares
• Here are the 10 most shorted ASX shares
• 1 ASX dividend stock down 50% I’d buy right now
• 8 ASX 200 shares with renewed buy ratings this week

Motley Fool contributor Bronwyn Allen has positions in Domino’s Pizza Enterprises. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises and PEXA Group. The Motley Fool Australia has positions in and has recommended PEXA Group. The Motley Fool Australia has recommended Domino’s Pizza Enterprises and Gqg Partners. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

If you are looking for exposure to the mining sector, then it could be worth hearing what analysts are saying about the ASX mining shares named below, courtesy of The Bull.

Let’s see which ones they are tipping as buy and another they rate as a hold:

Aguia Resources Limited (ASX: AGR)

Far East Capital has named this Brazil-focused phosphate producer as a buy this week. However, it is worth noting that its analyst, Warwick Grigor, is also a non-executive director and shareholder in the company.

Grigor highlights that Aguia Resources was recently given an operating licence from Brazil’s environmental agency, which leaves it well-placed as one of only a few producers that can replace imported product. He said:

I am a non-executive director and own shares in Aguia Resources. AGR was recently issued with an operating licence from Brazil’s environmental agency FEPAM. The licence establishes AGR as a Brazilian phosphate and processing company and facilitates mining of the Tres Estradas project. It leaves AGR as one of the few domestic Brazilian phosphate producers that can replace imported product.

Mining equipment has been mobilised to the site and first sales are imminent. The mine life is expected to exceed 20 years amid low capital expenditure and token bank debt. An extended growth curve is expected during the next four to five years with continuous expansion. The shares were trading at 1.8 cents on June 11, 2026.

BHP Group Ltd (ASX: BHP)

Over at EnviroInvest, its team has named BHP shares as a hold this week.

It believes the investment case is less compelling that it was previously, stating:

This diversified miner produces iron ore, copper and other commodities critical to global economic growth. It remains a core holding in many portfolios due to its scale, balance sheet strength and ability to generate significant cash flow through commodity cycles.

However, in my view, recent news reports highlighting delays to decarbonisation initiatives and a reduced emphasis on environmental objectives are disappointing. Copper and potash projects still provide exposure to the energy transition, but the environmental investment case is less compelling than it was several years ago.

Power Minerals Ltd (ASX: PNN)

Far East Capital has also named Power Minerals as a buy this week. However, once again, it is worth highlighting that the one recommending the critical minerals explorer is a shareholder.

Commenting on the ASX mining share, he said:

Power Minerals is a South American focused critical minerals exploration and development company. The company recently acquired the high grade Morro do Ferro (MDF) rare earths project in Brazil. The company has embarked on a maiden diamond drilling campaign in a bid to unlock the project’s value. The drilling campaign is expected to take up to three months with results progressively released.

PNN reported high grade total rare earth oxides and magnet rare earth oxides from sampling assay results as part of its due diligence before acquiring the project. PNN recently appointed experienced rare earths specialist Alistair Stephens as chief executive officer. I own the stock.

The post Experts name 2 ASX mining shares to buy and one to hold (inc. BHP shares) 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 recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.