Australian Broker Call *Extra* Edition – Jul 21, 2026

This story features AMPLITUDE ENERGY LIMITED, and other companies.
For more info SHARE ANALYSIS: AEL
The company is included in ASX300 and ALL-ORDS

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities.

In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Australian Broker Call *Extra* Edition, featuring additional sources of research and insights on ASX-listed stocks, also enlarging the number of stocks that make up the FNArena universe.

One key difference is the *Extra* Edition will not be updated daily, but merely “regularly” depending on availability of suitable quality content. As such, the *Extra* Edition tries to build a bridge between daily updates via the Australian Broker Call Report and ad hoc news stories, that are not always timely for investors hungry for the next information update.

Investors using the *Extra* Edition as a source of input for their own share market research should thus take into account that information after publication may not be up to date, or yet awaiting another update by FNArena’s team of journalists.

Similar to The Australian Broker Call Report, this *Extra* Edition includes concise but limited reviews of research recently published by Stockbrokers and other experts, which should be considered as information concerning likely market behaviour rather than advice on the securities mentioned. Do not act on the contents of this Report without first reading the important information included at the end of this Report.

The Australian Broker Call *Extra* Edition is a summary that has been prepared independently of the sources identified. Readers will check the full text of the recommendations and consult a Licenced Advisor before making any investment decision.

The copyright of this Report is owned by the publisher. Readers will not copy, forward or disseminate this Report to any other person. For more vital information about the sources included, see the bottom of this Report.

COMPANIES DISCUSSED IN THIS ISSUE

Click on a symbol for fast access.
The number next to the symbol represents the number of brokers covering it for this report -(if more than 1)

AEL   AMI   BOE   CIP   DXI   EXP   GDF   GHM   LNW   MAQ   MEI   NWL   OBM   PDN   PEN   RHC   RXL  

AEL    AMPLITUDE ENERGY LIMITED

Crude Oil – Overnight Price: $1.53

Canaccord Genuity rates ((AEL)) as Speculative Buy (1) –

Canaccord Genuity maintains a Speculative Buy rating for Amplitude Energy while raising its target price to $2.64 from $2.54.

Commentary highlights operational performance closed out FY26 with steady production, while the Orbost Gas Processing Plant achieved a post-quarter daily output record of 74.7TJ/d.

Net debt reduced significantly to $37.2m, reflecting strong cash generation that leaves the balance sheet solid for upcoming capital expenditure requirements.

The analyst highlights remaining 2026 deliveries will be protected by an 80% fixed-rate contract exposure against recent spot price headwinds.

Focus now shifts to the upcoming Juliet-1 exploration well spudding in late July or early August as the next major catalyst for the business, the report suggests.

This report was published on July 20, 2026.

Target price is $2.64 Current Price is $1.53 Difference: $1.11
If AEL meets the Canaccord Genuity target it will return approximately 73% (excluding dividends, fees and charges).
Current consensus price target is $2.59, suggesting upside of 69.1%(ex-dividends)

Forecast for FY26:

Current consensus EPS estimate is 17.1, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 8.9.

Forecast for FY27:

Current consensus EPS estimate is 20.4, implying annual growth of 19.3%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 7.5.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

AMI    AURELIA METALS LIMITED

Gold & Silver – Overnight Price: $0.29

Moelis rates ((AMI)) as Buy (1) –

Moelis maintains a Buy rating for Aurelia Metals with a $0.43 target price following the release of the June quarter production report.

Gold production reached 15.3koz, outperforming expectations alongside stable output in copper, zinc, and lead.

The analyst notes that operating cash flow improved to $53.1m and cash balances increased to $143.9m, though group operating costs came in materially higher than anticipated.

The investment thesis centres on an inexpensive equity valuation backed by a healthy balance sheet undergoing growth programs to expand future copper contribution.

While completion of these projects and a subsequent inflection in cash flow remain over twelve months away, Moelis emphasises the business demonstrates strong underlying momentum in output.

This report was published on July 20, 2026.

Target price is $0.43 Current Price is $0.29 Difference: $0.14
If AMI meets the Moelis target it will return approximately 48% (excluding dividends, fees and charges).

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

BOE    BOSS ENERGY LIMITED

Uranium – Overnight Price: $1.24

Canaccord Genuity rates ((BOE)) as Buy (1) –

Canaccord Genuity marked to market for FX and JunQ spot prices. Model changes made include the target price for Boss Energy shifting to $2.55 from $2.50.

This report was published on July 15, 2026.

Target price is $2.55 Current Price is $1.24 Difference: $1.31
If BOE meets the Canaccord Genuity target it will return approximately 106% (excluding dividends, fees and charges).
Current consensus price target is $1.62, suggesting upside of 30.8%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 7.0, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 17.7.

Forecast for FY27:

Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 19.3, implying annual growth of 175.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 6.4.

Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

CIP    CENTURIA INDUSTRIAL REIT

REITs – Overnight Price: $3.04

Moelis rates ((CIP)) as Buy (1) –

Moelis maintains a Buy rating for Centuria Industrial REIT while lowering its target price to $3.79 from $3.86 following slight reductions to medium-term estimates driven by higher interest rate assumptions.

National industrial vacancy has moved higher to 3.2% as new supply remains elevated, but leasing momentum stays healthy with gross take-up tracking well.

The analyst highlights that the portfolio remains under-rented by approximately -20%, which should continue to support medium-term net operating income growth and help offset higher incentive levels.

Recent earnings-accretive asset sales have reduced gearing by roughly 3 percentage points.

The stock is seen trading at a material discount to its net tangible assets, offering an attractive dividend yield.

This report was published on July 20, 2026.

Target price is $3.79 Current Price is $3.04 Difference: $0.75
If CIP meets the Moelis target it will return approximately 25% (excluding dividends, fees and charges).
Current consensus price target is $3.32, suggesting upside of 9.3%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Moelis forecasts a full year FY26 dividend of 16.80 cents and EPS of 18.20 cents.
At the last closing share price the estimated dividend yield is 5.53%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.70.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 18.2, implying annual growth of -13.2%.
Current consensus DPS estimate is 16.8, implying a prospective dividend yield of 5.5%.
Current consensus EPS estimate suggests the PER is 16.7.

Forecast for FY27:

Moelis forecasts a full year FY27 dividend of 16.90 cents and EPS of 18.60 cents.
At the last closing share price the estimated dividend yield is 5.56%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.34.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 19.2, implying annual growth of 5.5%.
Current consensus DPS estimate is 17.3, implying a prospective dividend yield of 5.7%.
Current consensus EPS estimate suggests the PER is 15.8.

Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

DXI    DEXUS INDUSTRIA REIT

REITs – Overnight Price: $2.51

Moelis rates ((DXI)) as Buy (1) –

Moelis maintains a Buy rating for Dexus Industria REIT while lowering its target price to $3.30 from $3.38 following slight reductions to medium-term earnings estimates driven by higher interest rate assumptions.

The analyst highlights that while the portfolio sits closer to current market rent compared to peers, material under-renting is still expected to be unlocked through upcoming lease expiries.

Additional earnings drivers include an accretive share buyback program under which 1.5% of shares on issue have been acquired at an average net tangible asset discount of 29%.

Commentary highlights the stock trades at an attractive discount to its net tangible assets alongside an appealing forecast dividend yield.

This report was published on July 20, 2026.

Target price is $3.30 Current Price is $2.51 Difference: $0.79
If DXI meets the Moelis target it will return approximately 31% (excluding dividends, fees and charges).
Current consensus price target is $2.76, suggesting upside of 9.8%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Moelis forecasts a full year FY26 dividend of 16.60 cents and EPS of 17.40 cents.
At the last closing share price the estimated dividend yield is 6.61%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.43.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 17.4, implying annual growth of -34.4%.
Current consensus DPS estimate is 16.6, implying a prospective dividend yield of 6.6%.
Current consensus EPS estimate suggests the PER is 14.4.

Forecast for FY27:

Moelis forecasts a full year FY27 dividend of 16.70 cents and EPS of 17.60 cents.
At the last closing share price the estimated dividend yield is 6.65%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.26.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 17.5, implying annual growth of 0.6%.
Current consensus DPS estimate is 17.0, implying a prospective dividend yield of 6.8%.
Current consensus EPS estimate suggests the PER is 14.3.

Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

EXP    EXPERIENCE CO LIMITED

Travel, Leisure & Tourism – Overnight Price: $0.10

Canaccord Genuity rates ((EXP)) as Buy (1) –

Canaccord Genuity maintains a Buy rating for Experience Co with a $0.15 target price following an agreement to a non-binding term sheet to divest its Skydive operations into a combined Australasian group named MergeCo with Inflite Group.

The proposed transaction contemplates total consideration of approximately $65m, comprising upfront cash, a vendor note, and a 32.5% ordinary equity interest in MergeCo.

The analyst highlights that the transaction leaves the remaining company well-capitalized with a net cash balance sheet ranging between $13m and $17m to support proactive growth initiatives and shareholder dividends.

Pending due diligence, financing execution, and shareholder approvals, existing forecasts and valuation metrics remain unchanged.

This report was published on July 20, 2026.

Target price is $0.15 Current Price is $0.10 Difference: $0.052
If EXP meets the Canaccord Genuity target it will return approximately 53% (excluding dividends, fees and charges).

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

GDF    GARDA PROPERTY GROUP

REITs – Overnight Price: $1.03

Moelis rates ((GDF)) as Buy (1) –

Moelis maintains a Buy rating for Garda Property while lowering its target price to $1.61 from $1.62 following slight reductions to medium-term earnings estimates driven by higher interest rate assumptions.

The analyst highlights that the stock trades on an attractive FY27 dividend yield of 8.9%, which is buoyed by the company’s lending exposure.

Potential earnings upside is supported over time through positive leasing spreads, the leasing of vacant space such as at Peterkin Street in Acacia Ridge, and ongoing lending activity.

Valuations continue to reflect significant net tangible asset discounts while offering robust prospective returns, the report concludes.

This report was published on July 20, 2026.

Target price is $1.61 Current Price is $1.03 Difference: $0.575
If GDF meets the Moelis target it will return approximately 56% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.

Forecast for FY26:

Moelis forecasts a full year FY26 dividend of 8.50 cents and EPS of 10.00 cents.
At the last closing share price the estimated dividend yield is 8.21%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.35.

Forecast for FY27:

Moelis forecasts a full year FY27 dividend of 9.30 cents and EPS of 10.90 cents.
At the last closing share price the estimated dividend yield is 8.99%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.50.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

GHM    GOLDEN HORSE MINERALS LIMITED

Gold & Silver – Overnight Price: $0.40

Canaccord Genuity rates ((GHM)) as Speculative Buy (1) –

Canaccord Genuity maintains a Speculative Buy rating for Golden Horse Minerals with a $1.50 target price following regional exploration results from the Southern Cross Gold Project.

Recent RC drilling at the Greenmount prospect successfully extended mineralisation more than 115m down plunge to a vertical depth of 150m, highlighting significant high-grade gold intervals.

The analyst notes these regional discoveries augment the flagship Hopes Hill deposit as the company prepares to deliver a maiden resource estimate later in the year.

Additional exploration updates from Withers and Marionette further validate the district-scale opportunity across the extensive landholding.

Valuation is based on median enterprise value to resource multiples from Australian explorer and developer peers.

This report was published on July 20, 2026.

Target price is $1.50 Current Price is $0.40 Difference: $1.105
If GHM meets the Canaccord Genuity target it will return approximately 280% (excluding dividends, fees and charges).

All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

LNW    LIGHT & WONDER INC

Gaming – Overnight Price: $112.30

Jarden rates ((LNW)) as Buy (1) –

Jarden maintains a Buy rating for Light & Wonder with its target price held at $182.00 ahead of the upcoming 2Q26 results update.

The analyst anticipates a broadly in-line result, estimating 2Q26 adjusted EBITDA of US$367m and adjusted EPS of US$1.78.

Commentary posits the recurring revenue drivers continue to elevate earnings quality, supported by resilient US land-based GGR trends and ongoing market share gains in gaming operations.

While leverage remains a central debate, organic deleveraging is expected to drive net debt down to 3.1x adjusted EBITDA exiting FY26 before improving further in subsequent years.

As near-term headwinds wash through, growth is projected to accelerate to double digits in FY27.

This report was published on July 19, 2026.

Target price is $182.00 Current Price is $112.30 Difference: $69.7
If LNW meets the Jarden target it will return approximately 62% (excluding dividends, fees and charges).
Current consensus price target is $188.00, suggesting upside of 67.4%(ex-dividends)
The company’s fiscal year ends in December.

Forecast for FY26:

Jarden forecasts a full year FY26 EPS of 1138.12 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.87.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 957.4, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 11.7.

Forecast for FY27:

Jarden forecasts a full year FY27 EPS of 1341.11 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.37.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 1167.5, implying annual growth of 21.9%.
Current consensus DPS estimate is 24.8, implying a prospective dividend yield of 0.2%.
Current consensus EPS estimate suggests the PER is 9.6.

This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

MAQ    MACQUARIE TECHNOLOGY GROUP LIMITED

Cloud services – Overnight Price: $64.46

Canaccord Genuity rates ((MAQ)) as Buy (1) –

Canaccord Genuity maintains a Buy rating for Macquarie Technology with a $95.00 target price following the exercise of its option to acquire a land parcel in Macquarie Park for a new campus development.

The transaction will settle shortly, backed by cash reserves, available corporate debt facilities, and funding from the National Reconstruction Fund, to support an upsized 200MW data centre facility.

The analyst highlights that the facility will deploy advanced air cooling with limited water usage alongside community amenities to address social license considerations.

Management plans to submit a development application post settlement as the company expands its secure digital infrastructure.

This report was published on July 20, 2026.

Target price is $95.00 Current Price is $64.46 Difference: $30.54
If MAQ meets the Canaccord Genuity target it will return approximately 47% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.

Forecast for FY26:

Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents.

Forecast for FY27:

Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

MEI    METEORIC RESOURCES LIMITED

Gold & Silver – Overnight Price: $0.16

Canaccord Genuity rates ((MEI)) as Speculative Buy (1) –

Canaccord Genuity maintains a Speculative Buy rating for Meteoric Resources with a $0.40 target price following an upgraded ore reserve and mineral resource estimate for the Caldeira project.

Ore reserves increased by 46% to 146Mt at 3,546ppm TREO, underpinning a planned 6Mtpa operation with a mine life exceeding 20 years.

The analyst highlights 28% of the reserve is sourced from measured resources, providing increased confidence ahead of the definitive feasibility study expected in mid-2026.

Pilot plant results also point to potential economic upside via improved recoveries into mixed rare earth carbonate.

Upcoming milestones include the grant of the installation licence in late 2026 and progress on project financing and offtake work streams.

This report was published on July 20, 2026.

Target price is $0.40 Current Price is $0.16 Difference: $0.24
If MEI meets the Canaccord Genuity target it will return approximately 150% (excluding dividends, fees and charges).

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

NWL    NETWEALTH GROUP LIMITED

Wealth Management & Investments – Overnight Price: $22.96

Canaccord Genuity rates ((NWL)) as Buy (1) –

Canaccord Genuity maintains a Buy rating for Netwealth Group with its target price held at $28.65 following the 4Q26 trading update.

Total funds under administration reached $135.7bn, supported by net inflows of $3.2bn and positive market movements over the period.

The analyst highlights elevated outflows from a small number of ultra-high-net-worth accounts were driven by personal capital events rather than competitive platform losses.

Management has reiterated FY27 guidance, targeting net flows of $18bn to $20bn and an EBITDA margin of 47%.

The broker believes the share price will re-rate as management executes against these flow targets and margins trend towards 50%.

This report was published on July 20, 2026.

Target price is $28.65 Current Price is $22.96 Difference: $5.69
If NWL meets the Canaccord Genuity target it will return approximately 25% (excluding dividends, fees and charges).
Current consensus price target is $28.84, suggesting upside of 25.6%(ex-dividends)

Forecast for FY26:

Current consensus EPS estimate is 44.7, implying annual growth of -6.2%.
Current consensus DPS estimate is 43.5, implying a prospective dividend yield of 1.9%.
Current consensus EPS estimate suggests the PER is 51.4.

Forecast for FY27:

Current consensus EPS estimate is 59.5, implying annual growth of 33.1%.
Current consensus DPS estimate is 48.9, implying a prospective dividend yield of 2.1%.
Current consensus EPS estimate suggests the PER is 38.6.

Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

OBM    ORA BANDA MINING LIMITED

Gold & Silver – Overnight Price: $1.00

Canaccord Genuity rates ((OBM)) as Buy (1) –

Canaccord Genuity maintains a Buy rating for Ora Banda Mining while lowering its target price to $1.65 from $1.75 following the release of June quarter results and FY27 guidance.

Production for the quarter reached 39.6koz, meeting consensus expectations, while all-in sustaining costs rose to $3,870/oz due to higher third-party processing fees, rising diesel expenses, and adverse weather impacts.

The analyst highlights that FY27 production guidance of 125koz to 140koz is in line with expectations, though capital expenditure guidance has increased to $350m to reflect accelerated spending on the new 3Mtpa plant build.

Cash balances increased 16% over the quarter to $268m, supported by strong revenue generation and an overall liquidity position of $468m.

The broker revises FY27 production estimates upward to 134koz while pulling forward growth capital expenditures.

This report was published on July 20, 2026.

Target price is $1.65 Current Price is $1.00 Difference: $0.645
If OBM meets the Canaccord Genuity target it will return approximately 64% (excluding dividends, fees and charges).
Current consensus price target is $1.65, suggesting upside of 65.0%(ex-dividends)

Forecast for FY26:

Current consensus EPS estimate is 11.2, implying annual growth of 9.8%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 8.9.

Forecast for FY27:

Current consensus EPS estimate is 11.7, implying annual growth of 4.5%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 8.5.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

PDN    PALADIN ENERGY LIMITED

Uranium – Overnight Price: $8.48

Canaccord Genuity rates ((PDN)) as Buy (1) –

Canaccord Genuity marked to market for FX and JunQ spot prices. Model changes made include the target price for Paladin Energy shifting to $15.40 from $15.65.

This report was published on July 15, 2026.

Target price is $15.40 Current Price is $8.48 Difference: $6.92
If PDN meets the Canaccord Genuity target it will return approximately 82% (excluding dividends, fees and charges).
Current consensus price target is $12.95, suggesting upside of 52.7%(ex-dividends)

Forecast for FY26:

Current consensus EPS estimate is -4.9, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is N/A.

Forecast for FY27:

Current consensus EPS estimate is 29.7, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 28.6.

This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

PEN    PENINSULA ENERGY LIMITED

Uranium – Overnight Price: $0.36

Canaccord Genuity rates ((PEN)) as Buy (1) –

Canaccord Genuity marked to market for FX and JunQ spot prices. Model changes made include the target price for Peninsula Energy reducing to $0.90.

This report was published on July 15, 2026.

Target price is $0.90 Current Price is $0.36 Difference: $0.535
If PEN meets the Canaccord Genuity target it will return approximately 147% (excluding dividends, fees and charges).

All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

RHC    RAMSAY HEALTH CARE LIMITED

Healthcare services – Overnight Price: $43.02

Jarden rates ((RHC)) as Overweight (2) –

Jarden maintains an Overweight rating for Ramsay Health Care with its target price unchanged at $45.20 following a strategic review and portfolio transformation program.

Management is focused on improving return on capital employed by divesting sub-optimal assets, including the planned in-specie distribution of Ramsay Sante and various clinic and real estate sales.

The investment thesis centers on the Australian hospital business achieving underlying market share gains, surgical mix improvements, and favorable private health insurance agreements.

Earnings forecasts remain unchanged as portfolio re-orientation supports enhanced cash generation and returns.

This report was published on July 19, 2026.

Target price is $45.20 Current Price is $43.02 Difference: $2.18
If RHC meets the Jarden target it will return approximately 5% (excluding dividends, fees and charges).
Current consensus price target is $40.36, suggesting downside of -6.2%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 85.00 cents and EPS of 134.00 cents.
At the last closing share price the estimated dividend yield is 1.98%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 32.10.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 134.1, implying annual growth of 4430.4%.
Current consensus DPS estimate is 81.6, implying a prospective dividend yield of 1.9%.
Current consensus EPS estimate suggests the PER is 32.1.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 95.00 cents and EPS of 149.40 cents.
At the last closing share price the estimated dividend yield is 2.21%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 28.80.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 162.0, implying annual growth of 20.8%.
Current consensus DPS estimate is 101.0, implying a prospective dividend yield of 2.3%.
Current consensus EPS estimate suggests the PER is 26.6.

Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

RXL    ROX RESOURCES LIMITED

Gold & Silver – Overnight Price: $0.37

Canaccord Genuity rates ((RXL)) as Speculative Buy (1) –

Canaccord Genuity maintains a Speculative Buy rating for Rox Resources with a $1.05 target price following drilling results from the Youanmi Gold Project.

Underground infill drilling at United North and resource definition at Interceptor continue to de-risk the mine plan and support potential reserve conversion ahead of first gold targeted for mid-2027.

The analyst highlights these drilling programs offer clear opportunities to expand mine inventory beyond the current 900koz DFS plan, leveraging the broader 2.2Moz resource base.

Additional near-mine and regional exploration targets are also being advanced to support longer-term operational growth.

Valuation is based on a potential development scenario from the November 2025 DFS using a -10% discount rate.

This report was published on July 20, 2026.

Target price is $1.05 Current Price is $0.37 Difference: $0.68
If RXL meets the Canaccord Genuity target it will return approximately 184% (excluding dividends, fees and charges).

All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

---

Disclaimer:
The content of this information does in no way reflect the opinions of FNArena, or of its journalists. In fact we don’t have any opinion about the stock market, its value, future direction or individual shares. FNArena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide experienced, intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface.

This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FNArena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.

Click to view our Glossary of Financial Terms