Tag: Stock pick

The S&P/ASX 200 Index (ASX: XJO) is having a decent session on Wednesday. In afternoon trade, the benchmark index is up 0.35% to 8,725.1 points.

Four ASX shares rising more than most today are listed below. Here’s why they are pushing higher:

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is up 7% to $5.53. This morning, this rare earths developer announced new exploration results at the Sulista Project in Brazil. The company revealed that its latest exploration campaign has delivered excellent results across multiple targets, materially expanding the Sulista mineralised footprint and reinforcing Sulista East as the anchor deposit within a rapidly growing district-scale rare earth development opportunity. Brazilian Rare Earths’ CEO and managing director, Bernardo da Veiga, commented: “Together, these results strengthen the basis for our near-term scoping study and support our hub-and-spoke development strategy across the Rocha da Rocha Province.”

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is up over 12% to $19.95. After the market close on Tuesday, this rare earths giant announced a revised long-term supply agreement with JARE, extending to 2038 and establishing a firm offtake for 5,000 tonnes of NdPr per year at a US$110/kg price floor. Lynas’ CEO and managing director, Amanda Lacaze, said: “We are delighted that the revised 12-year availability and supply agreement with JARE will support both Japanese industry and the continued growth and development of Lynas. This new agreement will ensure continued reliable supply of rare earth products that are strategically important to Japanese industry and its global market, and at the same time, the implementation of fair market pricing will reduce price volatility for Lynas and enable continued growth and investment in our operations.”

Macquarie Technology Group Ltd (ASX: MAQ)

The Macquarie Technology share price is up 5% to $65.95. This morning, Macquarie Technology revealed that it has secured a $200 million hybrid investment from the government-backed National Reconstruction Fund Corporation. It notes that this funding will support the company’s development of sovereign cyber security and cloud services for critical industries and government.

Ora Banda Mining Ltd (ASX: OBM)

The Ora Banda Mining share price is up 18% to $1.38. This has been driven by the release of an update on the miner’s Round Dam gold deposit in Western Australia. Management revealed that its new mineral resource is 25.6Mt at 1.6g/t for 1.330 million ounces. This is up materially from 125,000 ounces previously. Ora Banda’s managing director, Luke Creagh, said: “We are incredibly excited by the potential of Round Dam to become a substantial mining operation, as the company continues to advance its study work into the construction of a standalone ~3mtpa processing facility at Davyhurst.”

The post Why Brazilian Rare Earths, Lynas, Macquarie Technology, and Ora Banda shares are pushing higher today appeared first on The Motley Fool Australia.

More reading

• Why the Lynas share price is roaring 14% today
• Guess which ASX 200 gold stock is rocketing 14% today on ‘fantastic results’
• Macquarie Technology Group secures $200m NRFC investment for digital infrastructure
• Lynas Rare Earths inks 12-year supply deal with Japanese industry
• Australia’s next great ASX mining boom: Are we already in it?

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 recommended Lynas Rare Earths Ltd. 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.

GQG Partners Inc (ASX: GQG) shares have sunk 7.59% in morning trade on Wednesday. At the time of writing, the ASX 200 financials stock is changing hands at $1.765 a piece. 

Today’s dip means the share price is now 16.35% lower than this time last year and 0.3% higher for the year-to-date.

For context, the S&P/ASX 200 index (ASX: XJO) is up 0.55% this morning, and the S&P/ASX 200 Financials index (ASX:XFJ) is up 1.04%.

Why is this ASX 200 financials stock crashing?

GQG Partners posted its latest funds under management (FUM) update ahead of the ASX open this morning. The fund manager reported a total FUM of US$172.9 billion for February, up from US$165.7 billion in January thanks to strong investment performance. 

International and Global strategies led the growth. Its International FUM increased by US$4.0 billion and Global grew by US$2.0 billion throughout the month, after accounting for flows and performance. The reported figures are unaudited and based on current estimates. The FUM data does not include activity from GQG Private Capital Solutions.

The ASX 200 financial stock also noted a net outflow of US$3.2 billion for the month. This is down from a net outflow of US$4.2 billion in January but higher than the US$2.1 billion net outflow reported in December.

GQG confirmed that its next FUM updates are scheduled for the 13th of April, 12th of May, and 10th of June 2026. Management remains focused on delivering strong long-term returns for clients and managing net flows during challenging market conditions.

If GQG Partners’ FUM is rising, why are investors selling up?

In short, investors are likely concerned about the company’s net outflows. While the total FUM increased during February, GQG continues to face consecutive months of net outflows. Throughout 2025, the fund manager saw a total of US$3.9 billion leave its funds. That outflow figure has already been overtaken in the first two months of 2026. 

As a fund manager, QGQ Partners’ revenue is heavily dependent on how much money its clients invest and investors are likely concerned that continued outflows may mean the company’s earnings could begin to fall.

What do analysts think of the financials stock?

The company posted strong FY25 earnings results in mid-February, which helped bump the share price higher late-last month. 

The numbers themselves were solid. Revenue and net income both rose year on year, while operating margins expanded to 77%. Funds under management ended the year at US$163.9 billion, up 7.1%, despite US$3.9 billion in net outflows. GQG Partner’s net outflows were US$20.2 billion in 2024.

The company is well diversified across strategies and geographies, with exposure across international, emerging markets, global, and US equities. 

Analysts are mostly neutral on the outlook for GQG Partners’ shares over the next 12 months. TradingView data shows that six out of 10 analysts have a hold rating on the ASX financials stock, and another four have a buy or strong buy rating.

The average target price is $1.965, which implies a 9.96% upside at the time of writing. 

The post Why this ASX 200 financials stock is crashing 7.6% today appeared first on The Motley Fool Australia.

More reading

• GQG Partners lifts FUM to US$172.9bn in February 2026
• 5 ASX dividend shares to buy for income in 2026
• This 200 ASX financials stock just got an upgrade from Morgans following earnings results
• Here are the top 10 ASX 200 shares today
• Why AMP, GQG, NextDC, and Origin Energy shares are racing higher today

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 no position in any of the stocks mentioned. The Motley Fool Australia has recommended Gqg Partners. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Telix Pharmaceuticals Ltd (ASX: TLX) had some big news this week, releasing results showing that its potential prostate cancer drug, TLX-591, was safe to use.

It’s a significant milestone for the company, which has an established revenue-generating business but is also shooting for a potentially large market with this new compound.

Unsurprisingly, then, brokers have noticed the results and have bullish price targets for the company, well above the current share price of $11.11, which we’ll get to later.

Safety sign off

Firstly, what was released this week?

Telix said that Part 1 of the ProstACT Global Phase 3 study, “has achieved its primary objectives, demonstrating an acceptable safety and tolerability profile with no new safety signals observed”.

The key findings included that there were no adverse drug interactions and that “hematologic events” were in line with expectations and were “transient and manageable”.

Telix Chief Medical Officer David Cade said the results “build on prior findings and highlight the potential for TLX591-Tx in combination with contemporary standard of care, to become a new first-line option for patients facing this aggressive disease”.

Telix shares looking cheap

The team at Jarden said this week’s news was positive.

As they said:

Telix appears to have taken another step forward in its pursuit of becoming a true “thera-nostic” company, which would allow them to diagnose, monitor and treat prostate cancer.

The Jarden team noted there were several hoops to jump through to get TLX591 into the next phase of testing and eventually commercialisation.

Telix are now preparing a package to submit to the Food and Drug Administration (FDA). The recruitment process for Part 2 has already begun outside of the US but they require a green light from the FDA (based on Part 1 safety and dosimetry data) to obtain an investigational new drug amendment to include US patients. If successful, Telix expect the recruitment process to ramp up quicker than Part 1. Ultimately, a commercial approval will also be highly predicated on TLX591 demonstrating strong efficacy on top of a favourable safety profile and dosimetry.

The Jarden team have a $21 price target on Telix shares.

The team at Morgan Stanley believe there are a number of reasons Telix shares are looking cheap.

As they said:

While acknowledging previous delays in commercialisation for several candidates, we see the current share price as implying limited value to late-stage Precision Medicine candidates/indication expansion and no value to the Therapeutics portfolio. As such, we see the risk-reward outlook as favourable at current levels.

Morgan Stanley said the base business alone, including the approved products Illuccix and Gozelliz, as well as risk-weighted contributions from other compounds, was worth $15.50 per share, while on an unrisked basis, assuming compounds in Telix’s pipeline were approved, this jumped to $19.20 per share.

Overall, Morgan Stanley has a $24.60 price target for Telix shares.

Telix was also named this week by Wilsons Advisory as one of a number of healthcare stocks that are looking cheap.

The post This drug developer could have huge upside brokers say appeared first on The Motley Fool Australia.

More reading

• Four ASX healthcare stocks which are looking cheap
• Here are the top 10 ASX 200 shares today
• Why Life360, St George Mining, Telix, and Westgold shares are charging higher today
• Telix shares jump 14% on big news
• Telix Pharmaceuticals reports positive TLX591-Tx Phase 3 results

Motley Fool contributor Cameron England has positions in Telix Pharmaceuticals. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Telix Pharmaceuticals. The Motley Fool Australia has recommended Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Xero Ltd (ASX: XRO) shares have plummeted nearly 60% from an all-time high in June last year. 

While the shares have climbed 13.54% since hitting a three-year low in mid-February, they are still down 27.31% year-to-date and are trading lower again (2.56% lower) on Wednesday morning.

The company announced a lower-than-expected FY25 result in May last year, followed by news of its US$2.5 billion acquisition of US-based Melio in July, which spooked investors.

Its FY26 interim results in November saw a net operating result a little behind expectations, but its EBITDA was ahead, and investors reacted cautiously.

The cloud-based accounting software company was caught up in the sector-wide tech sell-off and AI-related nervousness late last year (and into early 2026). This, combined with investor worry about the company’s Melio acquisition, and potentially overvalued share price, saw many sell up. 

Going forward, analysts are incredibly bullish on the outlook for Xero shares, with some tipping the tech stock to double, or more, over the next 12 months.

While it looks like that sort of share price growth is doable, thanks to the company’s ‘sticky’ subscriber base and global expansion plans, there is a very long way for Xero to go before it returns to mid-2025 levels.

Here’s another ASX tech stock that I think has fantastic prospects for strong growth this year. And analysts are tipping upsides as strong as those for Xero.

I’d buy SiteMinder shares instead

SiteMinder Ltd (ASX: SDR) provides an e-commerce platform for hotels and other accommodation businesses. The company touts its product as helping hotels to sell, market, manage, and grow their businesses from one platform. It offers integrations with hotel property management systems and third parties such as online travel agencies, tour operators, and global travel distributors. 

The company posted strong half-year FY26 growth last month, including a 25.5% revenue increase, and its EBITDA doubled. SiteMinder said that it is targeting continued strong growth in annual recurring revenue through the second half of FY26, underpinned by further Smart Platform adoption. Management expects ongoing improvements in its financials across the board. In the medium term, SiteMinder is aiming for a rapid 30% revenue growth.

At a current share price of $3.37, at the time of writing, it looks like a rare buying opportunity for a stock well-positioned for great growth this year. Surprisingly, the Siteminder share price has declined by more than 52% over the past six months. But structural tailwinds could easily cause a sharp turnaround. 

What do analysts think of SiteMinder shares?

Analysts are very bullish about the outlook for SiteMinder shares. TradingView data shows that 14 out of 16 analysts have a buy or strong buy rating on the ASX tech stock. 

The maximum target price is $8.30. That implies that the share price could rocket 148.5% higher over the next 12 months. That’s more than double the value!

The post Forget Xero shares, this ASX tech stock is tipped to double in value appeared first on The Motley Fool Australia.

More reading

• These cheap ASX growth shares could rise 60% to 100%
• Down 50%, is it time to jump into Xero shares?
• 4 reasons to buy the redound in Xero shares today
• After the ASX 200’s latest slide, I spy bargain shares!
• 3 ASX tech stocks that brokers rate as buys

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

The Cobram Estate Olives Ltd (ASX: CBO) share price is frozen on Wednesday after the company requested a trading halt before the market opened.

The halt comes as the olive oil producer prepares to provide an update regarding a major overseas acquisition.

Before trading was paused, Cobram Estate shares finished Tuesday’s session down 0.34% to $2.96. The stock has had a difficult start to the year and is now down around 26% in 2026.

Here’s what investors need to know.

Trading pause requested before market open

In an announcement released this morning, Cobram Estate confirmed it had requested a temporary halt in trading of its shares.

The company said the move comes as it prepares an update on conditions tied to its proposed acquisition of California Olive Ranch.

Management said the pause will help it manage its disclosure obligations and ensure trading occurs on an informed basis while discussions continue.

Trading will remain suspended until the earlier of two events. These include the release of an announcement to the market or the resumption of normal trading on Friday.

Investors should expect further news from the company within the next couple of days.

Major US acquisition remains in focus

Cobram Estate first revealed plans to acquire California Olive Ranch last year in a deal valued at about $259 million.

The transaction would significantly expand the company’s footprint in the United States and strengthen its position in the global olive oil market.

California Olive Ranch is one of the largest olive oil producers in the United States. The deal would represent a strategically important step for the Australian grower.

However, earlier this year, Cobram Estate confirmed that the transaction had attracted attention from the United States Department of Justice (DOJ).

The company said it had been responding to voluntary requests for information from the regulator as part of the normal review process.

Cobram Estate previously noted that it had been having productive discussions with the DOJ as the review progresses.

What does Cobram Estate do?

Cobram Estate is an Australian agricultural company focused on the production and marketing of extra virgin olive oil.

The business operates large-scale olive groves and production facilities in both Australia and the United States. It sells olive oil under several branded and private label products across domestic and international markets.

At the current share price, Cobram Estate has a market capitalisation of roughly $1.4 billion.

Despite the company’s long-term expansion strategy, the stock has struggled in 2026 and remains well below levels reached earlier this year.

Attention will now turn to further details on the California Olive Ranch acquisition when trading resumes later this week.

The post Why the Cobram Estate share price is halted today appeared first on The Motley Fool Australia.

More reading

• Rotating into defensive stocks? 3 ASX companies to consider

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.

Market pullbacks are never pleasant, but they are a normal part of investing.

A 10% decline in the share market can feel dramatic in the moment, yet history shows these corrections occur regularly. For long-term investors, they can also create opportunities to buy high-quality Australian shares at more attractive prices.

If the ASX were to fall by around 10%, I would focus on buying companies with strong businesses, reliable earnings, and long-term growth potential.

Here are three Australian shares I would be watching closely if that happened.

BHP Group Ltd (ASX: BHP)

BHP is one of the highest-quality mining companies in the world and often finds its way onto my watchlist during market weakness.

The company has a portfolio of large, low-cost assets across commodities such as iron ore, copper, and metallurgical coal. These resources remain essential to global economic activity and long-term trends such as electrification and infrastructure development.

BHP’s scale and balance sheet strength allow it to remain profitable even during weaker commodity cycles. It has also developed a strong track record of returning capital to shareholders through dividends when conditions are favourable.

If the market were to pull back and take BHP shares lower with it, I would see that as a chance to gain exposure to one of the world’s leading resource producers.

Commonwealth Bank of Australia (ASX: CBA)

Commonwealth Bank continues to stand out as the highest-quality bank in Australia.

Its dominant retail banking franchise, large deposit base, and technology leadership have helped it consistently outperform its peers. That strength is one reason the market often assigns CBA shares a premium valuation compared to other banks.

In the event of a market correction, that premium can sometimes compress as investors reduce risk across the board.

For me, that could create an appealing entry point into a business that has demonstrated an ability to generate strong profits through different economic cycles.

Wesfarmers Ltd (ASX: WES)

Wesfarmers is another Australian share I would keep on my radar during a market pullback.

The conglomerate owns a portfolio of well-known businesses, with Bunnings being the standout performer. Bunnings has built a dominant position in the home improvement market across Australia and New Zealand, supported by strong brand recognition and a loyal customer base.

Beyond Bunnings, Wesfarmers also owns retail and industrial businesses that provide diversification across different sectors.

What stands out to me about Wesfarmers is its long history of disciplined capital allocation. Management has consistently demonstrated an ability to invest in growth opportunities while maintaining strong returns for shareholders.

If broader market weakness pushed the share price lower, it could create an interesting opportunity to buy into a high-quality Australian business.

Foolish takeaway

Market corrections can be uncomfortable, but they often provide opportunities to invest in strong companies at more attractive prices.

BHP, Commonwealth Bank, and Wesfarmers are three businesses with robust competitive positions and long-term growth potential. If the ASX were to pull back by around 10%, they would be among the Australian shares I would be looking at closely.

The post 3 Australian shares to buy if the ASX pulls back 10% appeared first on The Motley Fool Australia.

More reading

• How much could the BHP share price rise in the next year?
• 5 key drivers of the new commodities ‘supercycle’: experts
• Why is everyone talking about the CBA share price this week?
• Expert gives its verdict on 3 popular ASX 200 shares
• Australia’s next great ASX mining boom: Are we already in it?

Motley Fool contributor Grace Alvino has positions in Commonwealth Bank Of Australia and Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Wesfarmers. The Motley Fool Australia has recommended BHP Group and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Picking the right ASX dividend share isn’t just about going for the one with the highest yield. Investors need to factor in a stock’s dividend history and the company’s strength and growth projections.

Here are five ASX stable dividend shares I think are a great opportunity for passive-income-seeking investors, all paying yields between 6% and 10%.

APA Group (ASX: APA)

APA is one of the most stable income stocks listed on the ASX. The energy infrastructure business is well-known for paying strong, consistent dividends, with revenue derived from long-term contracted infrastructure assets. The company paid an interim dividend of 27.5 cents in the first half of FY26 and is guiding a full-year dividend of 58 cents per share. Its current dividend yield is 6.23%, partially franked.

Inghams Group Ltd (ASX: ING)

Food producer Inghams is a reasonably stable income stock. As a customer staple company with steady demand, its dividends are linked directly to food prices. And as everyone needs to eat, it’s a business that is relatively defensive. In the first half of FY26, Inghams paid a fully-franked interim dividend of 4 cents per share, down from 11 cents previously. Its yield is pretty high, though, at 9.36%.

Fortescue Ltd (ASX: FMG)

The miner’s stock is historically volatile because it closely tracks changes in iron ore prices. The material’s price is expected to remain relatively stable through 2026, but gradually decline through to 2030 as supply increases. But Fortescue is a low-cost producer, which means it can remain profitable even when prices fall, though its dividends may fluctuate. The ASX dividend stock paid investors 62 cents per share for the first half of FY26. Broker UBS predicts that Fortescue could pay an annual dividend per share of $1.22.  Fortescue’s current dividend yield is 6.23%, fully franked.

New Hope Corporation (ASX: NHC)

The thermal coal miner’s shares have climbed over 21% in the past 12 months as improving coal prices and strong production figures boosted investor confidence. New Hope paid 15 cents per share in October. At current levels, the miner is offering a dividend yield of roughly 6.75%, fully franked. 

Nine Entertainment Co. Holdings Ltd (ASX: NEC)

The media giant underwent a strategic reshape of its business during the first half of FY26. It acquired QMS Media, sold Nine Radio, restructured its NBN and Darwin TV operations, and sold its controlling stake in property platform Domain. The deal allowed Nine to reduce debt, boost its balance sheet, and return roughly $777 million to investors. Nine is due to pay investors an interim dividend of 4.5 cents per share, unfranked, next month. The company is expected to pay 9 cents per share for the full year. Its current dividend yield is 7.54%.

The post 5 high-yield ASX dividend shares paying 6% to 10% appeared first on The Motley Fool Australia.

More reading

• 5 ASX dividend stocks to buy with $25,000 in March
• Australia’s next great ASX mining boom: Are we already in it?
• Why are ASX 200 energy shares getting smashed on Tuesday?
• 3 ASX shares I would buy to protect against a recession
• Fortescue shares lifting off today amid big copper news

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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Apa 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.

Brokers believe there is significant upside to be had from Westgold Resources Ltd (ASX: WGX) shares, after the ASX gold miner signed off on a major expansion at its Higginsville operations this week.

The teams at both Macquarie and Canaccord Genuity have issued research reports on the company on Wednesday, with both having a bullish price target assigned to the stock.

But firstly, let’s look at what Westgold announced this week.                                                                                                           

Uplift in production

The company said in a statement to the ASX on Tuesday that it had greenlit a $145 million expansion of its Higginsville processing hub in Western Australia, which would increase gold production by about 60,000 ounces per year, and reduce processing costs by 24% to $34 per tonne of ore.

Westgold said the expansion had a pre-tax payback period of 21 months at a gold price of $4905, or just 12 months if the current spot gold price was used.

The expansion includes a new primary crusher, a new mill, a pebble crusher, and additional leaching tanks to take processing capacity to 2.6 million tonnes of ore per year, up 62.5%.

The new infrastructure would also support future expansion to 4 million tonnes of ore per year, the company said.

Westgold Managing Director Wayne Branwell said regarding the expansion.

The Higginsville Expansion Plan (HXP) is the next step to drive down unit costs and increase group free cash flow from the Southern Goldfields. By expanding the Higginsville mill capacity to a nominal 2.6Mtpa we are creating a more productive, lower-cost processing hub to match the growing outputs from our Beta Hunt mine. This will see us deliver higher group gold production at a lower cost, in line with our 3-Year Outlook.

Mr Bramwell said the definitive feasibility study showed the expansion plan was robust, but importantly, it was designed with the future in mind.

Strategically, the HXP has been designed with future growth in mind. While nameplate capacity of the enhanced flowsheet stands at 2.6Mtpa, many of the upgrades within the flowsheet such as the ore conveying systems, jaw crusher and SAG mill apron feeder are designed to support further expansion to 4Mtpa. This ensures milling capacity is not an impediment to future mine expansions at prospects such as the Fletcher and Mason Zones at Beta Hunt. With the study complete and final investment decision approved, our focus now shifts to securing long-lead items, progressing EPC tendering and maintaining operational continuity throughout the build. The timing of the HXP aligns strategically with the anticipated growth in mining rates from the Southern Goldfields, ensuring that expanded processing capacity is ready to accommodate increased ore delivery from Beta Hunt.

ASX gold stock looking cheap

The Canaccord Genuity team ran the ruler over the announcement and have upgraded their price target for Westgold shares to $8.75 from $8.50.

This compares to the current share price of $6.46.

They also noted that the figures underpinning the expansion were conservative and did not factor in potential debottlenecking or future resource growth.

The team at Macquarie actually reduced their price target on the shares by 2%, but it was still a bullish $9.50 per share.

The post How much is this ASX gold miner worth after its recent big news? appeared first on The Motley Fool Australia.

More reading

• Why Life360, St George Mining, Telix, and Westgold shares are charging higher today
• This ASX gold stock is trading higher after greenlighting expansion plans
• Westgold Resources gives green light to $145m Higginsville expansion
• 3 shares dumped from the ASX 200 index (and 3 new additions)
• If gold is a safe haven, why are ASX 200 gold stocks like Northern Star and Evolution Mining getting smashed this week?

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 positions in and 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.

The All Ordinaries Index (ASX: XAO) is up 0.3% in morning trade, with one junior ASX gold share leaving those gains in the dust.

The fast-rising gold stock in question is Torque Metals Ltd (ASX: TOR). The miner is focused on its 1,200 square kilometre Paris Exploration Camp, located in Western Australia.

Torque Metal shares closed yesterday trading for 37.0 cents. In earlier trade on Wednesday, shares just leapt to 47.5 cents each, up 28.4%. After some likely profit taking, in later morning trade, shares are changing hands for 46.25 cents apiece, up 25.0%.

Here’s what’s capturing investor interest in the ASX gold share today.

ASX gold share rockets on leadership team

The Torque Metals share price is going through the roof after the miner announced the appointment of a “proven” Western Australian gold discovery and development team.

The new leadership team is comprised of Simon Lawson as chairman-elect, Craig Jones as CEO (effective immediately) and managing director-elect, and David Coyne as non-executive director-elect.

The three men were said to have a strong track record of delivering “major exploration and development success” in the Western Australian gold sector.

Indeed, they each held key roles at Spartan Resources, helping drive significant high-grade gold discoveries at the Dalgaranga Gold Project. This in turn eventually saw Spartan grown from a junior ASX gold share to a major developer. Then, in July 2025, Spartan entered into a $2.5 billion merger with Ramelius Resources Ltd (ASX: RMS).

The board believes the new leadership team can work similar wonders at Torque’s Paris Gold Project

What did management say?

“We are excited to bring together a team that has previously worked successfully together at Spartan Resources and to apply that same discovery-focused mindset at Torque Metals,” incoming chairman Simon Lawson said.

Lawson continued:

We see substantial potential at the Paris Gold Project and across Torque’s 1,200km² land holding. The project’s location near Kalgoorlie places it in the one of the world’s great gold districts, while its geology is amenable to low-cost electromagnetic targeting of high-grade gold shoots – a characteristic shared by only a few gold systems globally.

Incoming managing director Craig Jones said the ASX gold share has “highly prospective” assets. He noted:

Torque Metals presents a compelling opportunity. The company holds a highly prospective project portfolio, and we are now enhancing with individuals who have a proven track record of delivering discovery and development success in Western Australia.

Outgoing chairman Evan Cranston concluded, “Good projects attract good people. Great projects attract great teams and Torque has attracted one of the best teams in the gold business.”

With today’s intraday gains factored in, the ASX gold share is up a whopping 414% since this time last year.

The post Why this little-known ASX gold share is leaping 28% on Wednesday appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
• If gold is a safe haven, why are ASX 200 gold stocks like Northern Star and Evolution Mining getting smashed this week?
• 5 things to watch on the ASX 200 on Tuesday
• Which ASX 200 mining shares raised their dividends this earnings season?
• Gold price reverses course after 4-day run

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

The Lynas Rare Earths Ltd (ASX: LYC) share price is pushing higher in Wednesday morning trade.

At the time of writing, shares in the rare earths producer are up 13.94% to $20.19.

The move follows an announcement released after market close on Tuesday outlining an updated long-term agreement with a key Japanese partner.

Here is what investors need to know.

Lynas secures long-term Japanese supply deal

Lynas revealed it has updated its marketing agreement with Japan Australia Rare Earths (JARE), extending the partnership through to 2038.

The revised agreement strengthens Lynas’ position as a major supplier of rare earth materials to Japan’s industrial sector.

Under the terms of the deal, JARE has committed to purchasing 5,000 tonnes per year of NdPr (neodymium and praseodymium). These rare earth elements are important components used in powerful magnets found in electric vehicles, wind turbines, robotics, and advanced electronics.

In addition to this fixed volume, JARE will also purchase 50% of all heavy rare earth oxides produced by Lynas for the Japanese market.

The arrangement effectively locks in long-term demand for a significant portion of Lynas’ production.

Pricing structure includes floor and upside sharing

The updated agreement also introduces a market-linked pricing model.

Sales will be based on a market referenced price with a floor of US$110 per kilogram of NdPr. This provides Lynas with some protection if rare earths prices weaken.

At the same time, the agreement includes an upside sharing mechanism. If prices rise above US$150 per kilogram, a portion of the additional revenue will be shared with JARE.

Lynas also confirmed that the upside sharing payments will be capped at US$10 million per year.

Management said this pricing structure helps reduce price volatility while still allowing the company to benefit from stronger market conditions.

Strategic partnership strengthens supply chain

The agreement continues a long-running partnership between Lynas and Japanese organisations, including JOGMEC and Sojitz.

Japan has been working for years to diversify its rare earths supply away from China. Lynas plays an important role in that strategy as one of the few major producers outside China.

Lynas’ Chief Executive Officer, Amanda Lacaze, said the updated agreement builds on more than a decade of collaboration.

She noted the partnership has helped support investment in processing capacity and ensures a reliable supply of critical minerals to the Japanese industry.

The revised agreement also follows Lynas achieving first production of separated heavy rare earth oxides in 2025, thereby strengthening its strategic importance.

What it means for investors

Lynas Rare Earths is one of the world’s largest producers of rare earths materials outside China.

Demand for these materials continues to grow as industries expand across electric vehicles, renewable energy, defence technologies, and advanced manufacturing.

By securing a long-term supply agreement with Japan through to 2038, Lynas has improved visibility over future sales.

That stronger outlook appears to be the reason investors are bidding the Lynas share price higher today.

The post Why the Lynas share price is roaring 14% today appeared first on The Motley Fool Australia.

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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 recommended Lynas Rare Earths Ltd. 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.