The Vulcan Energy Resources Ltd (ASX: VUL) share price has continued its impressive run and is zooming higher again on Monday.

At one stage today, the lithium-focused mineral exploration company’s shares were up as much as 24% to a record high of $7.97.

When the Vulcan Energy share price hit that level, it meant it was up a staggering 4,200% since this time last year.

What is Vulcan Energy Resources?

Vulcan refers to itself as the first Zero Carbon Lithium producer. It is aiming to produce a battery-quality lithium hydroxide chemical product with net zero carbon footprint from its combined geothermal and lithium resource.

This is Europe’s largest lithium resource, located in the Upper Rhine Valley of Germany.

The company plans to use its unique Zero Carbon Lithium process to produce both renewable geothermal energy, and lithium hydroxide, from the same deep brine source.

In doing so, management notes that it will be addressing EU market requirements for lithium by reducing the high carbon and water footprint of production, and total reliance on imports, mostly from China.

The company is aiming to supply the lithium-ion battery and electric vehicle market in Europe, which is the fastest growing in the world. It believes its resource can satisfy Europe’s needs for the electric vehicle transition, from a zero-carbon source, for many years to come.

Why is the Vulcan Energy share price rocketing higher?

The catalyst for the impressive Vulcan Energy share price gain has been the release of its Pre Feasibility Study (PFS) this month.

According to the release, the Zero Carbon Lithium Project’s first PFS demonstrates strong potential to develop a cutting edge, combined renewable energy and lithium hydroxide project, in the centre of Europe, with net zero carbon footprint.

The study also reveals that the project has an after tax net asset value of 2.25 billion euros. This equates to approximately A$3.5 billion.

This is considerably less than its current market capitalisation of approximately $500 million. And while the company will inevitably need to raise capital to fund its development, investors appear to believe that even after factoring in the dilution, its shares are still cheap at the current level.

That’s certainly the view of German equity analysts at Der Aktionär. This month they put a 6 euro price target on the company’s Frankfurt listed shares. This compares to the current Vulcan Energy share price of 3.70 euros in Europe.

What’s next?

The company’s main focuses of 2021 will be its Definitive Feasibility Study (DFS) work at the project, permitting, lithium extraction test-work scale up, and advancing current discussions with European lithium offtakers.

And if everything goes to plan, management is aiming to have the project operational in 2024.

More reading

• The Vulcan (ASX:VUL) share price is hitting new highs today. Here’s why
• It’s electrifying: Vulcan Energy (ASX:VUL) share price up 23% today
• 2 ASX shares that ran over 1,500% in 2020
• These 6 ASX companies just started measuring ESG
• The Vulcan (ASX:VUL) share price just hit an all-time high

Motley Fool contributor James Mickleboro 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 Bruce Jackson.

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The Data#3 Limited (ASX: DTL) share price has started the week in fine form.

At one stage today the business technology solutions company’s shares were up as much as 9.5% to $5.76.

They have since dropped back a touch but are still up 5% to $5.52 at the time of writing.

This latest gain means the Data#3 share price is now up a sizeable 37% since this time last year.

Why is the Data#3 share price storming higher today?

Investors have been buying the company’s shares on Monday following the release of an update on its guidance for the first half of FY 2021.

When the company held its annual general meeting in November, it advised that it was expecting a largely flat half year result.

Management explained: “We have navigated our way through the extreme market volatility and made a solid start to FY21. [..] At this stage we do not envisage the first half result to be materially different to our substantial first half FY20 performance.”

However, it appears as though December was a much stronger month than anticipated.

This morning the company advised that it now expects to deliver a profit result ahead of the same period last year.

According to the release, it expects to report a first half profit before tax in the region of $13.7 million. This will be an 8% increase on the record half year profit it achieved in the prior corresponding period of $12.7 million.

What about its dividend?

Management advised that it plans to announce its audited results and interim dividend on 18 February 2021 and that the Data#3 board intends to maintain the usual dividend practice.

Last year this meant a 90% payout ratio. Which, if it maintains this and increases its dividend in line with its profits, will mean a full franked 5.5 cents per share interim dividend.

Combined with its final dividend of 8.8 cents per share from FY 2020, this will mean a twelve-month trailing dividend of 14.3 cents per share. Based on the current Data#3 share price, this equates to a fully franked 2.6% dividend yield.

More reading

• Why Data#3, JB Hi-Fi, Ramsay, & Zip shares are charging higher

Motley Fool contributor James Mickleboro 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 Bruce Jackson.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Netflix Inc (NASDAQ: NFLX) shares trounced the market in 2020 as the streaming video giant capitalised on soaring global demand for at-home entertainment.

Subscriber growth and engagement metrics jumped, and the business also posted rising margins and a dramatic – if temporary – improvement in cash flow trends.

Investors are bracing for a reversal of a few of those positive trends over the next few quarters as streaming demand settles back down to a more normal level. Netflix is predicting an unusually weak fiscal fourth quarter, for example. Yet CEO Reed Hastings and his team might still have plenty of good news for shareholders when they announce earnings results on January 19.

Let’s look at the highlights.

1. Crossing 200 million users

Management warned back in October that part of the growth surge Netflix enjoyed through the first 9 months of the year involved pulling forward subscriber gains from future quarters. After having added 26 million subscribers in the first six months, it added just 2.2 million in the third quarter (compared to 6.8 million additions a year earlier). Netflix is expected to have added 6 million paying users in the fourth quarter to mark another rare slowdown from the prior year’s 8.8 million additions.

The bigger picture is decidedly bright, though. Even if it just hits its projection, Netflix will have gained 34 million new users in 2020 to blow past its previous annual record of 29 million, set in 2018. It should end the year at just over 200 million paid memberships.

We’ll likely get good news on the engagement front, too, given that Netflix already said it enjoyed record viewership over the holidays. New exclusive content like Cobra Kai, The Queen’s Gambit, and Bridgerton all seem like major hits. These wins should support low cancellation rates for the service and higher average watching time, which form the basis for Netflix’s regular increases to its monthly fee.

2. Negative cash flow

Investors got a rare treat in seeing Netflix’s cash flow trend shoot into positive territory last year. That was mostly a quirk of the pandemic, though, which forced a pause on almost all content production spending. Still, the surging cash was a hopeful sign of the business’s long-run potential.

NFLX Cash from Operations (TTM) data by YCharts

Cash flow is predicted to fall back into negative territory in the fourth quarter as production ramps back up. But Netflix is on pace to potentially reach the break-even point in fiscal 2021 before generating ample cash annually from that point forward.

3. The 2021 outlook

Hastings in late October said that the short-term outlook was weak even though the business is as strong as it has ever been. Customer additions should decline in the first half of 2021, executives have predicted, before returning to a more normal pace that reflects the many years of growth ahead in the streaming video industry.

There’s plenty of uncertainty about what that pace will look like given all the changes to consumer entertainment demand in recent months. Yet Netflix is delivering increasing value to users, as reflected in growth in average viewing hours.

Success there, through better content and an improved service, is the company’s surest path toward maintaining its dominant streaming lead. Investors should focus on that positive long-term outlook on Tuesday.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

More reading

• FAANG stocks make their case to lead the Nasdaq in 2021
• The top streaming stocks to buy in 2021
• How to invest in US shares in 2021

Demitri Kalogeropoulos owns shares of Netflix. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Netflix. The Motley Fool Australia has recommended Netflix. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Northern Minerals Ltd (ASX: NTU) share price is down nearly 7% today, despite a positive drilling announcement out of the company this morning.

At the time of writing, the Northern Minerals share price is sitting at 4.3 cents per share.

So who is Northern Minerals?

Northern Minerals aims to be a “principal supplier of ethically produced Rare Earth Metals and separated products from the world’s largest Heavy Rare Earth Element inventory within 10 years.”

The company’s flagship project is the Browns Range Project in Western Australia. This site is presently being tested for deposits and prospects that contain high value dysprosium and other heavy rare earths (HREs).

First Browns Range drilling results indicate potential

In this morning’s announcement, Northern Minerals reported “encouraging assay results across several targets” from the first phase of its latest exploration drilling program at the Browns Range Project.

Northern Minerals further advised that it had received the best assay results (so far) from its Toad prospect. The company plans to commence follow up drilling once the northern wet season ends. 

Northern Minerals also continues to drill holes at three other prospects: Gambit West, Dazzler North/Northwest and Wolverine West.

In early November 2020, the company first announced that it had commenced a $5 million exploration program to finish before the end of June 2021. 

What’s ahead for Northern Minerals in 2021?

Northern Minerals CEO Mark Tory commented on what’s coming up for the company:

Our overall strategy remains to increase the Mineral Resource and the life-of-mine potential at Browns Range to more than 20 years. This will feed into a future feasibility study for a potential commercial scale heavy rare earths operation at Browns Range.

Regarding the unveiling of today’s results, he added: “Following up on these results will be one component of the second phase of our exploration drilling campaign, which we will be back on the ground to complete before the end of June.”

Northern Minerals has a market cap of 203.9 million and 4.4 billion shares outstanding. Over the past six months, the Northern Minerals share price has climbed over 140%.

More reading

• JB Hi-Fi (ASX:JBH) share price soaring on record sales
• This ASX company’s in a comfy duopoly with NBN
• Why Data#3, JB Hi-Fi, Ramsay, & Zip shares are charging higher
• Can iron ore keep pumping the share prices of these ASX miners?
• DroneShield (ASX:DRO) share price lifts on contract update

Motley Fool contributor Gretchen Kennedy 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 Bruce Jackson.

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The JB Hi-Fi Limited (ASX: JBH) share price has taken today off as the company announced strong sales in the first half of FY21. Shares in the retailing giant are currently trading 3.05% higher at a price of $52.32.

It has been a great 6 months for the retailer, which has outpaced the S&P/ASX 200 Index (ASX: XJO) by 13%.

Strong sales momentum

JB Hi-Fi reported strong sales throughout the first half, as elevated customer demand continued for electronics and home appliance products. This, combined with growth in online sales that were up 161.7% to $678.8 million, helped to offset the government-mandated temporary store closures due to COVID-19.

In terms of the company’s group sales, The Good Guys delivered the strongest sales across the board, up 26.4%. As a whole, the group grew sales by 23.7% in the first half, reaching a record value of $4,941.2 million.

Moreover, gross margins were well managed, leading to strong improvements in key categories. This was underpinned by The Good Guys, but offset by sales mix in JB Hi-Fi Australia and New Zealand.

As a result of good cost control combined with the strong growth in sales, operating leverage received a meaningful boost. What’s more, the group did not receive any government wage subsidies and continued to pay landlords and team members throughout the half, including the periods where stores were temporarily closed.

Comments from the CEO

JB Hi-Fi CEO Richard Murray, welcomed the strong results, saying:

We are pleased to report record sales and earnings for HY21, in what has been an extraordinary period. Our continued focus on the customer, and investments in our online business and our supply chain, have enabled us to seamlessly meet our customers’ increased demand both instore and online.

The CEO went on to thank the company’s 13,000 employees, saying they have “continued to do an incredible job and worked tirelessly throughout this period”. 

The JB Hi-Fi share price is trading strongly on the news today. Its half year audited results are due for release on 15 February.

More reading

• Why Data#3, JB Hi-Fi, Ramsay, & Zip shares are charging higher
• ASX 200 down 0.5%: JB Hi-Fi guidance impresses, Super Retail update, Ramsay surges
• 3 ASX dividend shares with large yields and consistent payouts
• What’s in store for the ASX tech sector in 2021?
• What does 2021 hold for ASX retail shares?

Motley Fool contributor Daniel Ewing 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 Bruce Jackson.

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A fund manager has revealed an ASX company that he reckons is set up for the future with a tight stranglehold on its industry.

So much so, that it is in a virtual duopoly with the National Broadband Network.

SG Hiscock portfolio manager Hamish Tadgell told The Motley Fool that Uniti Group Ltd (ASX: UWL) is one of the most underrated stocks currently on the ASX.

“Over the last 18 months it transitioned from providing fibre network services to residential [and] greenfield residential developments to become much more a fibre infrastructure company,” he said in this week’s Ask A Fund Manager.

“It’s recently just bought OptiComm Ltd (ASX: OPC), and also bought Telstra Corporation Ltd (ASX: TLS)’s Velocity business.”

The transformation came at the perfect time, with the COVID-19 pandemic proving that connectivity is no longer a luxury but a utility — no different to water or electricity.

“During the bid they made for OptiComm, Aware Super, which is the old First State Super, made a rival bid,” Tadgell said.

“In our mind, this reinforces the point that these assets are starting to be viewed in a different light, [as] the social infrastructure-type assets.”

Number 2 in a cosy duopoly 

All this adds up to a secure future for Uniti, according to Tadgell.

“Our view is that Uniti is now the number 2 player in what is essentially a duopoly market with NBN.”

The Adelaide company even has one advantage over NBNCo, the government organisation that builds and operates the NBN.

“[Uniti] is the only player that’s got the ability to sell in the wholesale and retail channels, through having recently won structural separation approval from the ACCC.”

NBN is a pure wholesale provider of internet connectivity.

Uniti was formerly known as Uniti Wireless Limited, but changed its name during the transition to more wired infrastructure. The business listed on the ASX in February 2019.

The Uniti share price sat at $1.67 in early trade Monday. 

It was $1.531 a year ago, which means it’s had a tidy 9% rise over the year of COVID — good for a top 5 placing among the best-performed telco shares in 2020.

Bell Potter analysts also rated Uniti as a “buy” in a client briefing earlier this month, with an intriguing twist.

“We are positive on the outlook for the combined company given the strong pipeline and also the potential for synergies to be greater than flagged,” the briefing read.

“We also see the stock as a potential takeover target over the next 6 to 12 months.”

More reading

• Broker lists the best ASX stocks to own for an up to 30% gain in 2021
• Think you saw growth in 2020? Just wait for 2021: fundie
• ASX 200 Weekly Wrap: ASX drops despite promises of more US stimulus
• 2 ASX dividend shares with yields over 5% right now
• 3 blue chip ASX dividend shares with big yields

Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) is on course to start the week on a disappointing note. In afternoon trade the benchmark index is down 0.6% to 6,674.4 points.

Four shares that have not let that hold them back are listed below. Here’s why they are charging higher today:

Data#3 Limited (ASX: DTL)

The Data#3 share price has jumped 5.5% to $5.54. Investors have been buying the business technology solutions company’s shares after it provided guidance for the first half. According to the release, Data#3 expects to achieve the top end of its guidance range. This will mean a first half net profit before tax of approximately $13.7 million.

JB Hi-Fi Limited (ASX: JBH)

The JB Hi-Fi share price is up 2.5% to $52.05. Investors have been buying the retail giant’s shares after it released its guidance for the first half of FY 2021. JB Hi-Fi had a very strong half thanks to continued elevated customer demand for consumer electronics and home appliance products. In light of this, it expects to report a 23.7% increase in sales to $4,941.2 million and an impressive 86.2% lift in net profit after tax to $317.7 million for the half.

Ramsay Health Care Limited (ASX: RHC)

The Ramsay share price has jumped 5% higher to $62.26. This has been driven by the release of a broker note out of Goldman Sachs this morning. According to the note, its analysts have upgraded Ramsay’s shares to a conviction buy rating from neutral and lifted their price target on them to $70.00. Goldman believes the improvement in near-term fundamentals is not yet reflected in consensus forecasts or current trading multiples.

Zip Co Ltd (ASX: Z1P)

The Zip share price is up 2.5% to $5.75. This morning the buy now pay later provider announced the completion of its share purchase plan. According to the release, Zip raised $56.7 million from the share purchase plan. This includes over-subscriptions of $26.7 million, which it has accepted in full. Prior to this, Zip raised $120 million from its placement to new and existing institutional, sophisticated, and professional investors.

More reading

• ASX 200 down 0.5%: JB Hi-Fi guidance impresses, Super Retail update, Ramsay surges
• Ramsay Health Care (ASX:RHC) share price on watch after broker upgrade
• 2 exciting ASX growth shares to buy for your portfolio
• 5 things to watch on the ASX 200 on Monday
• 3 ASX dividend shares with large yields and consistent payouts

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of ZIPCOLTD FPO. The Motley Fool Australia has recommended Ramsay Health Care Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The price of iron ore keeps going up and people are still talking about it.

The Australian Financial Review (AFR) quoted portfolio manager William Curtayne at Milford Asset Management this morning who predicts Rio Tinto Ltd (ASX: RIO) and Fortescue Metal Group Limited (ASX: FMG) 2022 earnings to be upgraded more than 100% if the iron ore price stays at US$165 a tonne.

It’s currently trading around US$170 a tonne, up nearly 80% for the year.

Let’s take a look at what big ASX metals and mining players Rio Tinto, Fortescue and BHP Group Ltd (ASX: BHP) have got going on.

How much have these ASX miners gained so far this year?

BHP, Rio Tinto and Fortescue are all up by 10.4%, 5.9% and 7.5%, respectively year-to-date. 

Each company has recently touched record highs.

The BHP share price is currently around $45, Rio Tinto is trading at about $117 a share, and the Fortescue share price is roughly $25.

Rio Tinto’s dividend is presently yielding over 5%. In total, Rio Tinto paid out an interim June dividend worth $US2.5 billion. In the 2019-2020 financial year, Fortescue paid out a dividend of $1 per share.

What if China stops ordering iron ore?

Iron ore is the number one export of Australia, and China is the number one purchaser. There has been an increasingly volatile business relationship between Australia and China for some time now.

Back in August 2020, China’s share of Australian exports reached an all-time high. The AFR then noted that this record was mainly due to iron ore, especially in the June quarter.

If China decided to completely stop ordering iron ore tomorrow, it would be a blow to Australia’s export industry.

What do analysts think about these ASX share price of these miners?

Thirteen analysts rate Rio Tinto a ‘buy’ according to the latest REFINITIV stock report. The analysts have rated the 12-month price target $83.35 on the low end and $170.58 at the top. BHP received a similar rating from 14 analysts with a price target range of $27.14 to $45.36.

The analysts are currently a bit more skeptical on Fortescue. The price target spans a massive 211%, from a worse-case number of $10.34 to the best bet coming in at $32.18.

More reading

• Wilson Asset Management thinks these 2 ASX shares are a buy
• ASX 200 Weekly Wrap: ASX drops despite promises of more US stimulus
• 2 ASX dividend shares with yields over 5% right now
• ASX banks to steal the dividend crown from mining stocks by next year
• 4 ASX shares that helped this fund outperform in December

Motley Fool contributor Gretchen Kennedy 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 Bruce Jackson.

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Shares in DroneShield Ltd (ASX: DRO) are lifting today after the company received its first order under the EU Police Framework Agreement.

In the opening minutes of trade, the DroneShield share price shot up to an intraday high of 18.5 cents. However, at the time of writing, shares in the defence contractor have retreated to 17.7 cents, up 1.14%.

What did DroneShield announce?

DroneShield advised that European police forces have placed an initial order for its DroneGun Tactical products.

During May last year, the company won a competitive tender to supply counter unmanned aerial systems (UAS) for European police. The process, which was run by Belgium Police, was selected with a European-wide framework.

Under the agreement, European police forces would be equipped with the DroneGun Tactical products. While no purchase quantities were stated in the release, the deal is expected to produce periodic sales over time. Furthermore, the company anticipates that the framework will lead to purchases of other DroneShield equipment, such as RfPatrol and others.

DroneShield’s Benelux region partner, ForcePro BV, has been selected to manage sales, and provide training and local support.

DroneGun Tactical explained

DroneGun Tactical is a portable, long range counter measure used against UAS threats.

When attacking a target, the high-tech gun safely brings the enemy UAS down to ground with no peripheral damage, protecting the surrounding environment.

What did the CEO say?

Commenting on the contract, DroneShield CEO Oleg Vornik said:

Due to COVID, there have been initial delays in mobilisation of orders under the agreement, which have now commenced despite continuous COVID constraints in Europe. While this initial purchase is small at approximately $100,000, it represents the first purchase under what we expect to be a multi-million-dollar agreement supplying DroneGuns and associated counter-UAS products across dismounted, vehicle and fixed site range, to police forces across EU.

DroneShield share price review

The DroneShield share price has had a bit of an up-and-down year. The company’s shares reached as high as 25 cents at the beginning of last year, before falling to 8.4 cents in March.

In the last 3 months, the DroneShield share price has been hovering between 17 cents and 20 cents.

More reading

• Why the DroneShield (ASX:DRO) share price is surging higher
• Why the DroneShield (ASX:DRO) share price is jumping 6% today

Motley Fool contributor Aaron Teboneras 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 Bruce Jackson.

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The GWR Group Ltd (ASX: GWR) share price shot up over 8% at the open this morning before settling into its current gain of 2.33% at the time of writing. The GWR share price is currently sitting at 44 cents a share. 

Today’s price action follows the miner’s announcement that its first iron ore stockpile is ready for shipment.

What did GWR Group announce this morning?

According to this morning’s release, GWR remains “on track to make its first historic shipment of Iron Ore from the C4 deposit in late January 2021.”

The shipment announced in today’s release is from the company’s C4 iron ore deposit in Wiluna, which is the company’s flagship project.

Product is currently being stockpiled at the Port of Geraldton Site 88 location in preparation for shipment later this month. The vessel that’s been secured for the job is expected to be loaded and depart before the end of this month.

Stage 1 mining activities continue to progress on site. The company has engaged Pilbara Resource Group (PRG) for Stage 1 operations that cover the first 1 million tonnes of an estimated 21.6 million tonne resource of 60.7% Fe.

In today’s announcement, GWR chair Gary Lyons confirmed the project’s progress:

The Company remains on track for the first historic shipment of Iron Ore to our off take partner in late Jan 2021 in what will be the final key production milestone of Stage 1 with Cargo Ship PANAFRICAN expected to arrive at the Port of Geraldton this month.

The GWR Group share price continues creeping up

Over the past 12-month period, the GWR Group share price has blasted up over 400%.

Notably, the GWR share price had a nice boost in August when it announced its approvals for the C4 deposit were secured, jumping from a 7 cent close on 27 August 2020 to 24 cents on 31 August 2020. That’s a very tidy 243% gain.

The GWR Group share price has continued an upward trend since.

More reading

• ASX 200 down 0.5%: JB Hi-Fi guidance impresses, Super Retail update, Ramsay surges
• Why the Premier Investments (ASX:PMV) share price is under pressure
• Why Beach, Orocobre, Premier Investments, & QBE shares are dropping lower
• Why the QBE (ASX: QBE) share price has tanked 5% today
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Motley Fool contributor Gretchen Kennedy 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 Bruce Jackson.

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