Tag: Stock pick

If you are wanting to invest in the mining sector, but aren’t sure which ASX stocks to buy or avoid, then read on.

That’s because analysts have just given their verdict on these ASX mining stocks, courtesy of The Bull.

Here’s what they are saying:

Capstone Copper Corp (ASX: CSC)

The team at Medallion Financial Group thinks that this copper miner is a hold.

Although it believes that Capstone is well-positioned to benefit from higher long term copper prices, it isn’t enough for a buy recommendation just yet. It said:

The company provides exposure to one of the strongest long term commodity themes — increasing copper demand driven by electrification, energy transition and global infrastructure investment. The company produces about 200,000 tonnes of copper equivalent annually, and has a pipeline of expansion projects capable of materially increasing production over time.

With copper supplies expected to tighten structurally in coming years, Capstone is well positioned to benefit from higher long term prices. While capital expenditure remains elevated during the expansion phase, the growth outlook is compelling. Investors already positioned in the stock should continue to hold exposure to what we regard as an appealing long term copper growth story.

Kingston Resources Ltd (ASX: KSN)

Over at Alto Capital, it has named Kingston Resources shares as a buy this week.

It likes the gold explorer due to its strong balance sheet, improving operational momentum, and multi-metal exposure. It explains:

Kingston Resources is advancing the Mineral Hill gold and base metals operation in New South Wales, where recent underground drilling has returned wide, high grade polymetallic intersections within the southern ore zone.

The results confirm encouraging gold, copper, lead, zinc and silver mineralisation in areas planned for near-term underground stoping, strengthening the existing mineral resource model and supporting mine planning. Selling the Misima gold project strengthened its balance sheet. With improving operational momentum and leverage to multiple metals, Kingston offers potential for a re-rating as Mineral Hill ramps up.

Liontown Ltd (ASX: LTR)

One ASX mining stock that Alto Capital isn’t positive on is lithium miner Liontown. It has named the company as a sell this week.

Although the broker thinks lithium has a positive long term outlook, it feels that Liontown shares are more than fully valued at current levels. It said:

LTR’s Kathleen Valley lithium project in Western Australia is one of the largest new hard-rock lithium operations globally. The company’s first half year result in fiscal year 2026 highlighted strong operational progress, with production ramping up and revenue increasing significantly from growing concentrate shipments. However, Liontown reported a net loss of $184 million, reflecting accounting charges and the ongoing costs associated with scaling up the operation.

While the long term outlook for lithium demand remains encouraging, the current share price appears to reflect a large portion of the project’s future growth potential. With earnings still developing and the company transitioning through a capital intensive ramp-up phase, the risk-reward balance at current levels favours taking profits following the sector’s recent re-rating.

The post Buy, hold, sell: Copper, gold, and lithium ASX stocks appeared first on The Motley Fool Australia.

More reading

• Up 117% in a year, should you still buy Liontown shares now?
• Morgans names 3 ASX mining stocks to buy
• Buy, hold, sell: Collins Foods, Liontown, and Northern Star shares
• Here are the top 10 ASX 200 shares today
• Brokers name 3 ASX shares to buy today

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 Downer EDI Ltd (ASX: DOW) share price is pushing higher today following a fresh contract announcement before market open.

At the time of writing, Downer shares are up 1.59% to $7.66. Despite today’s gain, the stock remains down almost 5% in 2026.

Let’s take a closer look at what was announced.

$500 million partnership secured

Downer revealed it has been awarded a new long-term partnership with Stockland Corp Ltd (ASX: SGP), valued at approximately $500 million.

The agreement will see Downer deliver integrated facilities management services across Stockland’s portfolio. This includes commercial office buildings, shopping centres, logistics facilities, and land lease communities across New South Wales, Victoria, Queensland, and South Australia.

The contract is set to commence on 1 August 2026, with an initial term of 5 years and an option to extend for a further 5 years.

Management said the deal aligns with its strategy to grow its asset management services and deepen relationships with large-scale customers.

Focus on recurring revenue

A key part of this deal is that it runs over a long period and brings in recurring revenue.

These types of contracts usually provide more steady and predictable revenue compared to one-off projects. This can help smooth earnings over time and improve visibility for investors.

Downer already operates across transport, utilities, and infrastructure, but deals like this increase its exposure to ongoing maintenance and asset management work.

The company also pointed to its ability to manage large and complex sites, supported by its systems and scale.

Share price reaction

The announcement has pushed the share price higher in early trade.

However, the broader trend remains weak. Downer shares are still down for the year to date, with sentiment across infrastructure and services stocks uneven.

Recent trading has also been choppy. The stock reached a 52-week high of $8.655 on 2 March, before declining over the next 5 sessions to a low of $7.25 on 9 March, during a period of broader global market weakness.

Over the past 12 months, shares are still higher, supported by ongoing contract wins and steady operating conditions.

Downer currently has a market capitalisation of just under $5 billion and a dividend yield of approximately 3.5%.

What to watch next

This latest contract adds to Downer’s pipeline and supports its shift towards longer-term, recurring revenue streams.

While the share price has pulled back in recent weeks, today’s announcement shows the company is still securing large-scale agreements across its core markets. This may appeal to investors seeking more consistent, contract-backed revenue.

The post Downer shares jump today. Here’s what’s driving the move appeared first on The Motley Fool Australia.

More reading

• What are analysts saying about ResMed, Downer, and Nuix shares?
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• Why are Stockland shares diving to near 52-week lows?
• Stockland shares in focus after unveiling EdgeConneX data centre partnership
• 35 ASX All Ords shares with ex-dividend dates next week

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.

DroneShield Ltd (ASX: DRO) shares have been bouncing around on Tuesday morning.

In early trade, the counter-drone technology company’s shares were up as much as $3.91 before giving back those gains and dropping 2% to $3.75.

Why are DroneShield shares volatile today?

The company’s shares are falling after a de-escalation in Middle East tensions overshadowed the release of an announcement from the ASX defence stock.

This morning, DroneShield has announced new interoperability between its DroneSentry-C2 command-and-control software and optical sensing technologies from OpenWorks Engineering.

According to the release, the integration strengthens DroneShield’s ability to combine multiple sensor inputs into a single operational platform, improving detection, tracking, and identification of drone threats.

OpenWorks Engineering is a UK-based company specialising in advanced optical sensors and imaging systems. The release highlights that the addition of its technology gives DroneShield customers another option to enhance visual detection and tracking capabilities within a unified system.

Platform capability strengthened

DroneShield notes that its DroneSentry-C2 platform acts as the central decision-making system, bringing together inputs from radio frequency, optical, and other sensors into one interface.

This is designed to provide operators with a clearer and more streamlined view of potential threats, rather than relying on multiple systems or dashboards.

The platform also incorporates DroneShield’s DroneOptID technology, which uses artificial intelligence and machine vision to automatically detect, validate, and track drone threats using optical sensors.

Management notes that this capability allows for real-time visual confirmation and ongoing tracking without requiring continuous operator input.

Commenting on the news, DroneShield’s chief product officer, Angus Bean, said:

Operators need clarity, not complexity. Expanding our ecosystem with additional optical sensing technologies from OpenWorks Engineering gives customers more options to tailor their deployments, while SensorFusionAI ensures all inputs are combined into a clear, operational picture.

OpenWorks’ chief commercial officer, James Cross, adds:

Collaboration with DroneShield enhances channels through which intelligent and autonomous vision systems from OpenWorks can be deployed. We share DroneShield’s approach to modularity, creating configurable ecosystems of technology that are interoperable with end-users’ existing systems. We look forward to further strengthening our relationship with DroneShield throughout 2026.

Expanding ecosystem

DroneShield advised that the agreement reflects its broader strategy of building an open and interoperable ecosystem of counter-drone technologies.

By enabling integration with third-party systems, the company aims to give customers greater flexibility to configure and scale their airspace security solutions over time.

Management believes this approach supports faster deployment, improved capability, and better alignment with the evolving needs of defence, security, and public safety organisations.

The post What’s going on with DroneShield shares today? appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Bapcor, Challenger, and DroneShield shares
• The DroneShield share price has soared 266% in a year. Time to take profits?
• Are DroneShield shares good value? Yes or no
• Here are the top 10 ASX 200 shares today
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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 and is short shares of 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.

Myer Holdings Ltd (ASX: MYR) shares are on the move on Tuesday morning.

In early trade, the ASX 300 stock is pushing higher following the release of its half-year results.

Why is this ASX 300 stock rising today?

Myer’s shares are gaining after it reported growth in both sales and earnings for the first half of FY 2026, supported by the inclusion of Myer Apparel Brands and continued execution of its growth strategy.

According to the release, total sales increased 24.5% to $2,279.5 million. On a pro forma basis, which adjusts for the inclusion of Apparel Brands in both periods, sales were up 2.1%.

Operating gross profit rose 35.1% to $886.0 million, while underlying EBIT increased 10.5% to $112.8 million.

The company’s underlying net profit after tax climbed 21.7% to $51.7 million, with statutory net profit after tax up 32.8% to $40.3 million.

Myer declared a fully franked interim dividend of 1.5 cents per share, representing a payout ratio of just over 50% and a dividend yield of 5% based on yesterday’s close price.

The company also ended the period with a strong balance sheet, reporting a net cash position of $287 million.

Growth strategy gaining traction

Management highlighted progress across its key strategic initiatives.

This includes growth in its MYER one loyalty program, which now has a record 5.1 million active members, as well as the launch of new exclusive brands and partnerships with global names across fashion and beauty.

The integration of Myer Apparel Brands is also progressing well, with the company targeting at least $30 million in annualised synergies.

In addition, Myer is investing in its omni-channel capabilities, with a new marketplace platform on track for launch in May.

Management commentary

Myer’s executive chair, Olivia Wirth, was pleased with the half and highlighted the positive momentum across the business. She said:

Our 1H26 result reflects momentum across our business as we continue to implement the Myer Group Growth Strategy. Sales growth was achieved both in store and online, and our disciplined cost management allowed us to make targeted investments including in eCommerce, Marketing, Product, Merchandise and Supply Chain to deliver on our plan.

We achieved our biggest Black Friday on record for Myer Retail, and total sales for the Group through the important trading months of December and January were in line with last year – a good outcome that demonstrates the resilience of the business.

Outlook

The ASX 300 stock provided a trading update with its results, revealing that total sales for the first seven weeks of the second half are up 1.7% compared to the prior corresponding period, with Myer Retail sales up 2.2%.

Looking ahead, Wirth is cautiously optimistic on the company’s prospects in the second half, while acknowledging the challenging retail environment. She said:

Looking to the second half, we are excited about building on the Myer Exclusive Brands relaunch, introducing ongoing improvements and enhancements to our MYER one loyalty program, and continuing activities to integrate Myer Apparel Brands, as well as resetting our fashion and beauty offerings.”

Given the current volatility in the wider macroeconomic environment and the ongoing pressures on discretionary spending, we are more focused than ever on delivering value for our customers. That’s why we are continuing to deliver the right products and brands for the right value and price, focusing on managing our costs and accelerating the momentum of the transformation of the business.

The post Guess which ASX 300 stock is jumping 17% on strong results appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Copper, gold, and lithium ASX stocks
• Downer shares jump today. Here’s what’s driving the move
• What’s going on with DroneShield shares today?
• Here’s the dividend forecast out to 2030 for CSL shares
• Which top ASX gold stock just took the biggest hit?

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

Owning CSL Ltd (ASX: CSL) shares has seen a lot of dividend growth over the last 20 years, which is great for investors willing to be patient for growth.

However, it’d be understandable if some shareholders are worried that dividend growth may stop, as CSL now faces more difficult operating conditions due to competition and country-specific headwinds.

Global biopharmaceutical company CSL has a few different offerings, including plasma-derived products, recombinant proteins and other innovative therapies, vaccines, iron deficiency, nephrology and cardiorenal products. The diversification has not helped the company halt the market’s increased pessimism recently.

Let’s take a look at what could happen with the dividend for CSL shares in the coming years.

FY26

Broker UBS said in a recent note that CSL’s market share loss has been confirmed, but demand growth is “encouraging”.

Global plasma-derived therapy sales increased by just 4% in 2025, much slower than historic growth, which was attributed largely to the US reimbursement cuts. CSL’s poor result was “attributed to the loss of key tenders and poor commercial execution, particularly in the large US market.”

CSL’s new management has promised improvement in 2026 with a clear focus on the high-value US market.

But, there was one sign of positivity, with CSL’s vaccine business (Seqirus) seeing a market share rise to around 33%.

The projection from UBS suggests that the ASX healthcare share could deliver an annual dividend per CSL share of US$2.95 in FY26, which would represent a slight increase from the US$2.92 per share payout in FY25.

FY27

Pleasingly for shareholders, dividend growth is expected to accelerate in the 2027 financial year after a small rise in FY26.

UBS projects that CSL could decide to hike its annual payout per share to US$3.10.

FY28

Further dividend growth is expected for long-term shareholders in the 2028 financial year.

Another sizeable dividend increase could happen in FY28, with a forecast that the annual payout per share could rise to US$3.25.

FY29

The 2029 financial year is projected to see ongoing growth in dividend payments.

UBS forecasts that CSL could decide to pay an annual dividend per share of US$3.41.

FY30

The 2030 financial year, the last year of this series of projections, could see owners of CSL shares receive an annual dividend per share of US$3.59.

At the time of writing, this potential payout translates into a future potential dividend yield of 3.7%, which would be a decent yield from CSL, considering its dividend yield has been a lot lower, historically.

UBS currently has a buy rating on CSL, with a price target of $235, suggesting sizeable potential gains over the next year, though time will tell whether that can occur amid what’s happening in the wider world this year.

The post Here’s the dividend forecast out to 2030 for CSL shares appeared first on The Motley Fool Australia.

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

It was a brutal start to the week for ASX gold stocks.

On Monday alone, the three biggest gold names — Newmont Corporation (ASX: NEM), Northern Star Resources Ltd (ASX: NST), and Evolution Mining Ltd (ASX: EVN) — all tumbled around 7%.

Zoom out, and the picture gets even uglier. These stocks are now down between 25% and 40% over the past month. So much for gold being a safe haven.

What’s behind the sell-off? And which ASX gold stock has taken the biggest hit?

Hit from multiple angles

The key driver has been a sharp retreat in global gold prices. That alone tends to drag gold miners lower.

But there’s more going on.

At the same time, oil prices have surged. That shift has pulled investor capital away from gold and into energy plays. When momentum rotates, it can move fast.

Interest rates aren’t helping either. Rising cash rate expectations — including pressure from the Reserve Bank of Australia — are weighing on sentiment. Gold typically performs best in low-rate environments. Higher rates reduce its appeal.

Put it all together, and ASX gold stocks have been hit from multiple angles.

Which ASX gold stock fell the hardest?

While all three names have suffered steep declines, Northern Star appears to be the hardest hit over the past month, with a decline of 39%.

The stock has seen the sharpest pullback among the trio, as investors reassess its valuation and growth outlook in a weaker gold price environment.

That’s a notable shift. Northern Star had been a market favourite not long ago.

What do analysts think now?

Newmont

Newmont shares tumbled 25% in the past month, but they’re still 76% up over 12 months.

Most brokers still seem to be positive on the $155 billion ASX gold stock. TradingView data show that 21 out of 25 Newmont watchers rate it a buy or strong buy.

They have set an average 12-month price target of roughly 206.00, which points to a 56% upside at the time of writing.

Morgans has taken a cautious stance on Newmont. The broker has an accumulate rating and a $187.00 price target on its shares. That suggests 40% upside, but not enough to justify a more aggressive call.

Northern Star

Northern Star still has its fans, despite taking the hardest fall.

Bell Potter currently maintains a buy rating and a $30.00 price target, suggesting a potential gain of 74% over 12 months. That signals confidence in the company’s production profile and asset base.

However, it’s worth noting Bell Potter’s target has come down from $35.00. That reflects softer expectations across the sector.

Evolution Mining

This is where sentiment turns more cautious. The ASX gold stock shed 24.4% of its value over a month.

Not many brokers are convinced Evolution offers compelling value at current levels. The average price target sits at $14.55. That implies a 26% upside from where the stock is trading now.

In short, the market sees more risk than reward here — at least for the moment.

The bottom line

ASX gold stocks have taken a heavy hit, and the safe haven label is being tested.

Falling gold prices, rising oil, and higher interest rate expectations have created a tough backdrop.

For investors, the key question is whether this is a buying opportunity or a warning sign.

One thing is clear: in this market, even gold isn’t immune to volatility.

The post Which top ASX gold stock just took the biggest hit? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
• Down 40% in a month. Does the Northern Star share price have further to fall?
• Why Genesis Energy, Northern Star, PLS, and WiseTech shares are falling today
• Should you buy these ASX gold stocks after last week’s crash?
• 5 things to watch on the ASX 200 on Monday

Motley Fool contributor Marc Van Dinther 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.

If you have $10,000 ready to invest, focusing on high-quality ASX 200 growth shares can be a smart way to build long-term wealth.

The key is to back companies with strong business models, robust competitive positions, and positive growth outlooks.

With that in mind, here are two ASX 200 growth shares that brokers think could be worth considering:

Aristocrat Leisure Ltd (ASX: ALL)

The first ASX 200 share that could be worth considering is Aristocrat Leisure.

It is a global gaming content and technology provider, with operations spanning land-based gaming (pokie) machines and a fast-growing digital gaming division. Its portfolio includes a range of popular titles and platforms that generate recurring revenue across multiple markets.

A key strength of Aristocrat is its ability to consistently develop and monetise high-performing game content. In land-based gaming, it has a strong position with casino operators, supported by long-standing relationships and a reputation for quality products.

At the same time, its digital division has become an increasingly important growth driver. Mobile games and online platforms provide access to a much larger global audience, with revenue generated through in-app purchases and ongoing engagement.

Looking ahead, Aristocrat appears well positioned to benefit from the continued shift towards digital gaming and the expansion of regulated online markets. With a combination of established cash-generating assets and growing digital exposure, it could deliver solid returns over the long term.

UBS currently has a buy rating and $69.00 price target on its shares. This implies potential upside of approximately 50% for investors.

NextDC Ltd (ASX: NXT)

Another ASX 200 growth share that could be a top option is NextDC.

It operates a network of data centres that provide the infrastructure required for cloud computing, artificial intelligence, and enterprise workloads. As businesses continue to digitise and invest in AI capabilities, demand for secure and high-performance data storage continues to rise.

NextDC has been expanding its footprint across Australia and has secured a growing pipeline of contracted capacity that is expected to convert into revenue over the coming years.

This provides strong visibility over future earnings and highlights the increasing demand for its services.

With structural tailwinds from cloud adoption and AI-driven workloads, NextDC appears well placed to deliver strong long-term growth.

Morgans is bullish and has a buy rating and $20.50 price target on its shares. Based on its current share price, this suggests that upside of approximately 60% is possible over the next 12 months.

The post Brokers name 2 excellent ASX 200 growth shares to buy with $10,000 appeared first on The Motley Fool Australia.

More reading

• 5 great value ASX growth shares I’d buy and hold
• The best ASX shares to invest $1,000 in right now
• CSL and these ASX 200 stocks just hit 52-week lows: Should you buy the dip?
• 3 quality ASX shares to buy and hold until 2036
• 2 ASX tech shares that could double from here

Motley Fool contributor James Mickleboro has positions in Nextdc. 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.

Yesterday was another tough day across the ASX, with Australia’s benchmark now down more than 9% in March. 

Two ASX gold shares that were hit particularly hard were Catalyst Metals Ltd (ASX: CYL) and Alkane Resources Ltd (ASX: ALK). 

These gold shares both fell roughly 14%. 

This was despite no price sensitive news from the companies. 

Why are gold shares falling?

When conflict began in Iran, many experts tipped safe-haven assets like gold to continue to rise. 

However many gold shares have now heavily fallen in recent weeks, as the bull run of 2025 now appears to be officially over. 

This fall has been influenced by a combination of factors. 

Firstly, the global gold price has fallen from record highs. 

At the same time, investors are moving to opportunities elsewhere with many gold valuations appearing to now be inflated. 

Some of this movement has likely been towards energy stocks. 

RBA cash rate hikes have also created headwinds for gold stocks, which usually performs better in a low rate environment. 

Have Catalyst Metals of Alkane Resources fallen too far?

After such a massive crash yesterday, investors may be wondering if there is any upside for these gold shares. 

Of these two, it seems Catalyst Metals falls into that category. 

Recent targets from brokers indicate it has plenty of upside, particularly after yesterday’s 14% dip. 

Recently, the company has been growing its resource base and production capacity, establishing itself as a rising mid-tier gold producer.

The company is engaged in the mineral exploration and evaluation and production of gold across several states. 

Recently, the team at Morgans placed a buy rating on Catalyst and a price target of $15.24. 

From yesterday’s closing price of $5.63, that indicates an estimated upside of roughly 170%. 

Similarly, 6 analysts forecasts via TradingView have an average one year price target of $14.34. 

This indicates an approximate upside of 154% across the next 12 months. 

Less upside for Alkane Resources

Meanwhile, forecasts are much more varied for Alkane Resources. 

The company owns and operates Tomingley Gold Operations, an open pit and underground gold mining development, near Dubbo in central west New South Wales.

Based on 7 analyst ratings via TradingView, there is an average one year price target ranging from $0.85 to $2.50. 

The lower end of this range would indicate a further fall to come of more than 35%. 

Meanwhile the high end of these projections would be a healthy upside of 80%. 

The post These two ASX gold shares just crashed – should investors swoop in? appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• 2 ASX gold stocks tipped to double in value
• 3 undervalued ASX stocks to consider buying immediately
• Here are the top 10 ASX 200 shares today
• What are the 5 emerging ASX gold companies UBS has picked as winners?

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

Like most gold miners, ASX 200 gold stock Greatland Resources Ltd (ASX: GGP) got clobbered on Monday.

By the time the smoke cleared, Greatland Resources shares were down 9.79% for the day, trading for $9.12 each. That leaves the Aussie miner commanding a market cap just north of $6 billion.

For some context, the S&P/ASX 200 Index (ASX: XJO) ended Monday down 0.74%. And in a better comparison of golden apples to golden apples, the S&P/ASX All Ordinaries Gold Index (ASX: XGD) tumbled 7.33%.

That selling pressure followed another 2.4% decline in the gold price on Monday, with the yellow metal slumping to US$4,396 per ounce.

Still, the gold price remains up more than 31% since 13 August.

I highlight that date, as 13 August also saw the Greatland Resources share price plummet to its lowest closing price since the stock listed on the ASX last June, ending the day at $4.98.

So, although shares have now fallen some 37% since the start of the Iran war, the ASX 200 gold stock remains up 83.13% since those August lows.

Atop the rising gold price and its own mining successes, Greatland Resources shares have also enjoyed tailwinds from the company’s exposure to copper.

While slipping 1.5% on Monday to US$11,930 per tonne, the copper price has gained just under 22% since 13 August.

Which brings us back to our headline question…

Should you buy the ASX 200 gold stock today?

Medallion Financial Group’s Philippe Bui recently ran his slide rule over Greatland Resources shares (courtesy of The Bull).

“GGP offers exposure to the Havieron gold-copper project in Western Australia, widely regarded as one of the most significant gold discoveries in recent years,” Bui noted.

According to Bui:

The project hosts a large multi-million-ounce resource and has the potential to become a long-life, low-cost mining operation. Given gold prices remain strong amid company development progressing steadily, GGP is moving closer to becoming a meaningful producer.

With that solid outlook and those significant share price gains in mind, Bui placed a hold recommendation on the ASX 200 gold stock for now.

He concluded:

The strategic value of Havieron continues to attract strong market interest. While the share price has already responded to this potential, further resource growth and development progress could continue to support the investment case.

What’s the latest from Greatland Resources shares?

Greatland Resources shares closed up 6.4% on 23 February, following the release of the ASX 200 gold stock’s half-year results.

Highlights for the six months included a huge lift in revenue to $977.3 million, up from $16.6 million in the prior corresponding half year.

And on the bottom line, net profit after tax (NPAT) surged 876% to $342.9 million.

The post Up 84% since August, should you buy this $6 billion ASX 200 gold stock today? appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• 3 shares dumped from the ASX 200 index (and 3 new additions)

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.

ASX consumer staples stock Synlait Milk Ltd (ASX: SM1) is in focus today after the company released half-year results.

Following the announcement, the team at Bell Potter lowered their outlook on the company. 

What did Synlait Milk Report?

Synlait Milk is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand.

Its share price is down over 26% year to date and almost 50% over the last 12 months.

Yesterday, the company released half-year results for the six months ended 31 January 2026.

Key results included: 

• A reported EBITDA loss of ($34.7 million), with underlying EBITDA of $4.1 million.
• A reported net loss after tax of ($80.6 million), with an underlying net loss after tax of ($27.3 million).
• Net debt of $472.1 million – an increase of 88%.
• Revenue of $949 million – an increase of $32.3 million.
• Gross profit of $3.1 million – a decrease of $83.9 million.

CEO Richard Wyeth said: 

The numbers we are presenting today are frustratingly disappointing. They are the result of a period where Synlait faced multiple headwinds and had little choice as to how to deal with them. They reflect a severe lack of optionality, not effort, and they do not define the company’s future – although recovery will take time.

What did Bell Potter have to say?

Following these results, the team at Bell Potter released updated guidance on this ASX consumer staples stock. 

Bell Potter said an unfavourable product mix in ingredients, operational plant issues, and lower IMF margins (on production catch-up plan) were drivers of the weaker result.

The broker said FY26e appears a write-off for the consumer staples stock as it bears the impact of material disruptions in its nutrition operations and unfavourable product mix in its ingredients business.

FY27e is likely to also be a year of transition as SM1 looks to fill the void created by loss of A2M EL volumes, with progress being made on based powder (i.e. Abbott contract) and packaged products (white label offerings and new customer acquisition).

Price target decrease

Included in the report was a retained hold recommendation. 

However, the broker lowered its price target to $0.42. 

This was a significant decline from its previous target of $0.72. 

The consumer staples stock closed trading yesterday at $0.41, indicating it is close to fair value. 

To a degree a material bounce back in performance is somewhat assumed, with SM1 trading at 10.5x FY27e EBITDA.

The post Why did Bell Potter just lower its outlook for this consumer staples stock? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has 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.