Australian Gold Stocks Surge to Record High Amid Bullion Rally

Australian gold stocks surged 3.3% on Friday to reach a record high of 10,504.7 points, propelled by soaring bullion prices. The sub-index earlier climbed 3.7%, marking its biggest intraday gain since 11 February 2025, as investors sought refuge in gold amid economic uncertainty.

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Sims Shares Climb as Morningstar Initiates Coverage of Sims, Sets Price Target at AU$15.80

Shares of Sims Ltd (ASX:SGM), the world’s largest publicly traded metals and electronics recycler, climbed 1.3% to AU$13.98 after Morningstar initiated coverage on the company. The investment research firm assigned Sims a three-star rating out of five and set a price target of AU$15.80, …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Citi Raises Price Target for Northern Star Resources Amid De Grey Mining Takeover Review

Citi analysts have raised the price target for Australian gold miner Northern Star Resources (ASX:NST) to AU$18, up from AU$17.90, following an independent expert review of De Grey Mining’s (ASX:DEG) valuation. De Grey, a takeover target for Northern Star, was valued between AU$4 billion …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Macquarie Raises South32 Price Target, Reaffirms ‘Outperform’ Rating

Macquarie analysts have raised their price target for Australian diversified miner South32 (ASX:S32) by 2%, from AU$4.41 to AU$4.50, while maintaining an “outperform” rating. The brokerage reiterated its preference for South32 among Australian miners, highlighting the company’s advantage of not being exposed to the …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Premier Investments Stock Dips as Macquarie Slashes Price Target

Shares of Premier Investments (ASX:PMV) slipped 1.1% to AU$21.08 on Thursday after analysts at Macquarie lowered their price target on the stock by 25.5% to AU$21.61, citing earnings concerns following the company's apparel business divestment.

Team Kalkine | 13 Mar 2025| Read Time : 10 Mins

Yancoal and Inghams Plunge as Shares Trade Ex-Dividend

Shares of Yancoal Australia Ltd (ASX:YAL) and Inghams Group Ltd (ASX:ING) tumbled sharply on Thursday as both companies traded ex-dividend, making them the two biggest losers on the S&P/ASX 200 Index.

Team Kalkine | 13 Mar 2025| Read Time : 10 Mins

Flight Centre Shares Slip Amid Market Pessimism, But Analysts See Value

Shares of Flight Centre Travel Group (ASX:FLT) closed down 0.6% on Thursday, reversing earlier gains of 1.5%. The stock has fallen 17.6% year-to-date, reflecting ongoing investor concerns over travel demand amid global economic uncertainty.

Team Kalkine | 13 Mar 2025| Read Time : 10 Mins