Daily Market Reports | Mar 16 2026
This story features AIR NEW ZEALAND LIMITED, and other companies.
For more info SHARE ANALYSIS: AIZ
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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)
AIZ AUE BOE CHL CNU COG GHM MMI MP1 MPW OBM ORI PLY PNC PNR (2) RXL SKO SS1 STM TLX
AIZ AIR NEW ZEALAND LIMITED
Transportation & Logistics – Overnight Price: $0.37
Jarden rates ((AIZ)) as Sell (5) –
Air New Zealand has suspended its 2H26 earnings guidance following a sharp surge in jet fuel prices linked to the escalation of conflict in the Middle East.
The airline had previously guided to a 2H26 profit belore tax loss broadly in line with or modestly below the 1H26 loss of -NZ$59m, based on an assumed jet fuel price of US$85/bbl, but jet fuel prices have recently averaged about US$175/bbl.
While the airline has hedged around 83% of estimated 2H26 fuel requirements, Jarden highlights the hedges only cover the Brent crude component, leaving exposure to the jet fuel crack spread, which has spiked sharply.
Daily fuel costs may have doubled to around -NZ$8-9m, compounding existing pressures from engine issues, rising competition, cost inflation and a stretched balance sheet. Sell rating and NZ$0.47 target price retained.
This report was published on March 10, 2026.
Current Price is $0.37. Target price not assessed.
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 4.73 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 7.82.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 2.05 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 18.02.
This company reports in NZD. 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
AUE AURUM RESOURCES LIMITED
Gold & Silver – Overnight Price: $0.62
Canaccord Genuity rates ((AUE)) as Speculative Buy (1) –
Aurum Resources reports further high-grade drilling from the Napie Gold Project in Cote d’Ivoire, with Gogbala and Tchaga intercepts highlighting system scale, observes Canaccord Genuity.
Gogbala returned 19m at 5.16g/t gold and 21m at 2.01g/t gold, while Tchaga delivered 18.9m at 2.59g/t gold and 28m at 1.48g/t gold.
The broker expects the upcoming resource update to lift Napie above 1moz from 870koz as mineralisation remains open along strike and depth.
Growth potential at Boundiali is also noted, following a 26% resource increase to 3.03moz and the analysts see scope for an additional 500koz in future resources.
Target price rises to $1.55 from $1.50. Speculative Buy rating unchanged.
This report was published on March 5, 2026.
Target price is $1.55 Current Price is $0.62 Difference: $0.925
If AUE meets the Canaccord Genuity target it will return approximately 148% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BOE BOSS ENERGY LIMITED
Uranium – Overnight Price: $1.58
Canaccord Genuity rates ((BOE)) as Speculative Buy (1) –
Management at Boss Energy has retained FY26 production guidance of 1.6mlbs from the Honeymoon uranium project despite rainfall disruptions affecting site access and reagent deliveries, observes Canaccord Genuity.
Heavy rain lowered expected Q3 production to 240klbs-270klbs, around -30% below forecasts by the broker and consensus.
FY26 guidance is seen as achievable, implying around 500klbs production in Q4 following commissioning of wellfield B5 and additional processing capacity.
The broker expects upcoming wellfield design studies, including a Scoping Study targeted for Q2 2026, to provide further development insight.
Speculative Buy rating and target of $2.80 unchanged.
This report was published on March 5, 2026.
Target price is $2.80 Current Price is $1.58 Difference: $1.22
If BOE meets the Canaccord Genuity target it will return approximately 77% (excluding dividends, fees and charges).
Current consensus price target is $1.60, suggesting upside of 1.3%(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 and EPS of 2.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 58.52.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 10.2, 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 15.5.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 21.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.21.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 20.2, implying annual growth of 98.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 7.8.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CHL CAMPLIFY HOLDINGS LIMITED
Travel, Leisure & Tourism – Overnight Price: $0.26
Canaccord Genuity rates ((CHL)) as Speculative Buy (1) –
Canaccord Genuity highlights a mixed first half result from Camplify Holdings as the strategic reset has now been completed.
Commnetary notes the company experienced its lowest revenue in three years despite benefiting from an increase in premium membership and a return to growth in Germany.
Profitable growth is expected as the second half gets underway and the company has maintained FY26 targets for positive EBITDA.
The broker considers the first half a likely trough and a materially reduced cost base sets the stage for further operating leverage into FY27.
Speculative Buy retained. Target is reduced to $0.80 from $1.00.
This report was published on March 6, 2026.
Target price is $0.80 Current Price is $0.26 Difference: $0.545
If CHL meets the Canaccord Genuity target it will return approximately 214% (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 and EPS of minus 5.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 5.10.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 2.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 12.75.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CNU CHORUS LIMITED
Telecommunication – Overnight Price: $7.58
Jarden rates ((CNU)) as Underweight (4) –
The Commerce Commission’s draft decision to retain the current methodology for calculating regulatory WACC fails to address volatility in allowable revenues for regulated utilities, Jarden notes.
The analyst points to large swings in risk-free rates have caused significant revenue fluctuations across regulatory periods, raising financeability concerns for operators and potential price shocks for consumers.
Jarden believes adopting a trailing average cost of debt, similar to approaches used by overseas regulators, would better smooth revenues and reduce volatility.
Underweight rated with an unchanged NZ$8.43 target price.
This report was published on March 10, 2026.
Current Price is $7.58. Target price not assessed.
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 53.55 cents and EPS of 11.69 cents.
At the last closing share price the estimated dividend yield is 7.06%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 64.84.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 54.89 cents and EPS of 14.28 cents.
At the last closing share price the estimated dividend yield is 7.24%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 53.08.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
COG COG FINANCIAL SERVICES LIMITED
Business & Consumer Credit – Overnight Price: $1.31
Shaw and Partners rates ((COG)) as Buy (1) –
Shaw and Partners notes leasing company share prices have dropped ahead of potential changes by the government to the electric vehicle fringe benefits tax exemption.
COG Financial Services, the broker asserts, is arguably factoring in an “improbable” -50% reduction to forecasts lease volumes, or -46% reduction versus FY26 estimates if a forward PE of 10x is considered to be fair value.
The broker believes it very unlikely lease volumes will drop to this extent. The company will capture an extra four months of the EasiFleet acquisition in FY27 and two thirds of its lease volume is financing petrol vehicles, a segment that is also growing.
Buy, High Risk retained. Target is $2.45.
This report was published on March 13, 2026.
Target price is $2.45 Current Price is $1.31 Difference: $1.135
If COG meets the Shaw and Partners target it will return approximately 86% (excluding dividends, fees and charges).
Current consensus price target is $2.10, suggesting upside of 58.8%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 8.00 cents and EPS of 15.10 cents.
At the last closing share price the estimated dividend yield is 6.08%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.71.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 13.7, implying annual growth of 45.6%.
Current consensus DPS estimate is 7.2, implying a prospective dividend yield of 5.5%.
Current consensus EPS estimate suggests the PER is 9.6.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 9.20 cents and EPS of 18.60 cents.
At the last closing share price the estimated dividend yield is 7.00%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.07.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 14.4, implying annual growth of 5.1%.
Current consensus DPS estimate is 8.3, implying a prospective dividend yield of 6.3%.
Current consensus EPS estimate suggests the PER is 9.2.
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: $0.60
Canaccord Genuity rates ((GHM)) as Speculative Buy (1) –
Golden Horse Minerals has reported encouraging drilling results at the Hopes Hill Gold Project, highlights Canaccord Genuity. Depth extensions beneath the historic pit are confirmed and new shallow mineralisation to the north.
Diamond drilling returned 7.1m at 2.5g/t gold from 179m and 4.0m at 3.1g/t gold from 243m, confirming mineralisation more than -110m below the pit.
The broker also highlights RC drilling at Hopes Hill North intersected shallow zones including 16m at 1.6g/t gold from 32m and 8m at 1.9g/t gold from 40m.
Strong regional exploration potential is seen with drilling underway at Hakes Find and Marionete following historical production of around 750koz at 24g/t gold in the district.
Speculative Buy rating and target of $1.50 retained.
This report was published on March 5, 2026.
Target price is $1.50 Current Price is $0.60 Difference: $0.9
If GHM meets the Canaccord Genuity target it will return approximately 150% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MMI METRO MINING LIMITED
Coal – Overnight Price: $0.07
Shaw and Partners rates ((MMI)) as Buy (1) –
Shaw and Partners highlights the Guinea government is becoming more interventionist with bauxite export controls now being considered to both support the price and encourage investment in downstream processing.
Guinea accounts for around 70% of global seaborne supply and any disruptions to supply will have a large impact.
Metro Mining has confirmed operations have resumed at Bauxite Hills, Queensland, post the wet season and first shipments are expected in mid-March.
The broker believes the company has a big advantage in terms of freight versus Guinea, noting it has locked in a freight cost of US$8-9/t for the next three years. The company can deliver bauxite to China at an all-in cost of around US$30/t.
Buy, High Risk rating and 15c target retained.
This report was published on March 13, 2026.
Target price is $0.15 Current Price is $0.07 Difference: $0.083
If MMI meets the Shaw and Partners target it will return approximately 124% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 2.00 cents and EPS of 1.20 cents.
At the last closing share price the estimated dividend yield is 29.85%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 5.58.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 2.00 cents and EPS of 2.40 cents.
At the last closing share price the estimated dividend yield is 29.85%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 2.79.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MP1 MEGAPORT LIMITED
Cloud services – Overnight Price: $7.66
Canaccord Genuity rates ((MP1)) as Buy (1) –
Canaccord Genuity observes the market is uneasy about the outlook for FY27 as Megaport shares remain -24% below pre-result levels. Concerns arising from the first half result appear to centre on the operating expenditure run rate and the impact on earnings.
The broker models operating expenditure to peak around the end of the third quarter, which is a key component of the network segment EBITDA forecasts for FY27, for which consensus estimates are around $62m.
Canaccord Genuity is comfortable with FY26 EBITDA guidance range of $63-76m. Buy rating is unchanged. Target is reduced to $14.30 from $17.80.
This report was published on March 9, 2026.
Target price is $14.30 Current Price is $7.66 Difference: $6.64
If MP1 meets the Canaccord Genuity target it will return approximately 87% (excluding dividends, fees and charges).
Current consensus price target is $15.93, suggesting upside of 108.0%(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 and EPS of 4.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 178.14.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -1.7, 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 N/A.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 10.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 75.10.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 11.5, 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 66.6.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MPW METAL POWDER WORKS LIMITED
Industrial Sector Contractors & Engineers – Overnight Price: $2.00
Canaccord Genuity rates ((MPW)) as Speculative Buy (1) –
Metal Powder Works reported revenue of $1.7m in the first half, largely driven by the sale of an expeditionary alpha unit to the US Navy. Canaccord Genuity notes expectations were low given the early stage of operations.
The company recently entered a powder partnership with Canadian equipment provider CenterLine, servicing large global OEMs and tier one suppliers within automotive manufacturing and defence.
The broker expects next-generation commissioning will drive superior unit economics at scale and retains a Speculative Buy rating. Target is unchanged at $4.10.
This report was published on March 6, 2026.
Target price is $4.10 Current Price is $2.00 Difference: $2.105
If MPW meets the Canaccord Genuity target it will return approximately 106% (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 and EPS of minus 3.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 66.50.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 2.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 99.75.
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: $1.35
Moelis rates ((OBM)) as Buy (1) –
Ora Banda Mining has reported a large resource increase at the Round Dam project in Western Australia, lifting the deposit to 25.3mt at 1.6g/t gold for 1.33moz, highlights Moelis.
Total company resources rose 57% to 3.3moz gold across around 50mt of ore, with 408koz now classified as Indicated.
The broker considers Round Dam could become a cornerstone open pit ore source near the Davyhurst hub rather than a satellite deposit. It’s felt the scale of the resource could support a proposed 3mtpa processing plant expansion at Davyhurst.
In a further research piece one day hence, Moelis notes further exploration success near the Riverina project, extending the Little Gem prospect to more than 1.5km of strike and 700m depth.
Additional results from the Sapphire Trend are also noted including 3m at 9.3g/t gold and 9m at 4.1g/t gold at the Sunraysia prospect.
These results reinforce potential for a large mineralised corridor capable of supporting future underground operations and a proposed 3mtpa mill, the analyst suggests.
Target raised to $1.67 from $1.30. The recent upgrade to a Buy rating from Hold is reiterated.
This report was published on March 12, 2026.
Target price is $1.67 Current Price is $1.35 Difference: $0.32
If OBM meets the Moelis target it will return approximately 24% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 14.60 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.25.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 13.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.31.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
ORI ORICA LIMITED
Mining Sector Contracting – Overnight Price: $19.69
Jarden rates ((ORI)) as Overweight (2) –
Orica’s 1H26 trading update points to slightly higher earnings (EBIT) on the prior year, with stronger growth expected from Digital Solutions and Specialty Mining Chemicals offsetting a softer contribution from Blasting Solutions.
Jarden notes the company has also announced a $100m cost reduction program over three years, which may signal the benefits from pricing gains in Blasting Solutions are moderating.
The broker modestly adjusts forecasts and expects FY26 underlying earnings (EBIT) of about $1,058m, with earnings weighted more heavily to the second half.
Overweight rating retained but target price price lowered to $24.60 from $25.60.
This report was published on March 10, 2026.
Target price is $24.60 Current Price is $19.69 Difference: $4.91
If ORI meets the Jarden target it will return approximately 25% (excluding dividends, fees and charges).
Current consensus price target is $27.08, suggesting upside of 37.5%(ex-dividends)
The company’s fiscal year ends in September.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 63.00 cents and EPS of 125.10 cents.
At the last closing share price the estimated dividend yield is 3.20%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.74.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 122.2, implying annual growth of 264.3%.
Current consensus DPS estimate is 63.3, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 16.1.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 78.60 cents and EPS of 130.10 cents.
At the last closing share price the estimated dividend yield is 3.99%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.13.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 136.8, implying annual growth of 11.9%.
Current consensus DPS estimate is 70.7, implying a prospective dividend yield of 3.6%.
Current consensus EPS estimate suggests the PER is 14.4.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
PLY PLAYSIDE STUDIOS LIMITED
Gaming – Overnight Price: $0.24
Shaw and Partners rates ((PLY)) as Buy (1) –
Playside Studios is now less than six weeks out from launch of MOUSE: P.I. For Hire. Shaw and Partners continues to assess a mismatch between player interest and the value equity market participants ascribe to the stock.
The game remains the number 18 most wished for unreleased title on Steam. The company has confirmed the game will launch at US$29.99 which is instructive, the broker points out, as it highlights confidence in game quality and expected demand. Buy rating reiterated. Target is $0.44.
This report was published on March 12, 2026.
Target price is $0.44 Current Price is $0.24 Difference: $0.195
If PLY meets the Shaw and Partners target it will return approximately 80% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.75.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 2.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.07.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
PNC PIONEER CREDIT LIMITED
Business & Consumer Credit – Overnight Price: $0.69
Canaccord Genuity rates ((PNC)) as Buy (1) –
Management at Pioneer Credit has upgraded FY26 profit guidance to at least $23m, the second upgrade this calendar year from at least $18m initially, highlights Canaccord Genuity.
This change was triggered by a repricing of Medium Term Notes, expected to deliver around $1.75m in annual pre-tax interest savings.
Guidance for FY26 purchased debt portfolio buying of at least $80m remains unchanged.
The broker sees Pioneer as highly leveraged to a recovery in the Australian purchased debt portfolio market, with a potential Westpac ((WBC)) forward flow agreement supporting purchases growth around 30%.
The FY26 profit forecast is raised by 12% to $23.6m and FY27 by 5% to $28m following the refinancing benefits.
Canaccord raises its target price to $1.31 from $1.15 and retains a Buy rating.
This report was published on March 6, 2026.
Target price is $1.31 Current Price is $0.69 Difference: $0.62
If PNC meets the Canaccord Genuity target it will return approximately 90% (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 and EPS of 14.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 4.66.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 17.60 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 3.92.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
PNR PANTORO GOLD LIMITED
Gold & Silver – Overnight Price: $3.46
Canaccord Genuity rates ((PNR)) as Speculative Buy (1) –
Pantoro Gold reported 1H FY26 earnings (EBITDA) of $135.5m and profit of $56m, with profit below Canaccord Genuity expectation for $74m due to higher depreciation and tax.
Pantoro ended the half with cash and bullion of $216.5m and no debt, while remaining fully exposed to spot gold prices, highlight the analysts.
FY26 production guidance was lowered to 86koz-92koz from 100koz-110koz following heavy rainfall disruptions and operational interruptions.
Canaccord Genuity cuts its target price to $7.25 from $7.45 and retains a Speculative Buy rating.
This report was published on March 9, 2026.
Target price is $7.25 Current Price is $3.46 Difference: $3.79
If PNR meets the Canaccord Genuity target it will return approximately 110% (excluding dividends, fees and charges).
Current consensus price target is $6.39, suggesting upside of 84.8%(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 and EPS of 39.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.87.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 52.2, implying annual growth of 252.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 6.6.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 83.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 4.17.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 70.4, implying annual growth of 34.9%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 4.9.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Moelis rates ((PNR)) as Hold (3) –
Pantoro Gold reported 1H FY26 revenue of $238.6m and earnings (EBITDA) of $137.3m, broadly in line with Moelis’ forecasts.
FY26 gold production guidance was downgraded materially to 86koz-92koz after a slower start to the year and planned contractor transition disruptions, the broker explains.
Moelis lowers its production forecasts and cuts its valuation multiple to reflect weaker production confidence. Recent share price declines are seen as excessive relative to downgrades in forecasts.
It may take the March quarter, and potentially the June quarter, to demonstrate the business’s underlying cash generation at current pricing, suggests the analyst.
Target price cut to $4.85 from $6.05. Buy rating kept..
This report was published on March 10, 2026.
Target price is $4.85 Current Price is $3.46 Difference: $1.39
If PNR meets the Moelis target it will return approximately 40% (excluding dividends, fees and charges).
Current consensus price target is $6.39, suggesting upside of 84.8%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 36.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.48.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 52.2, implying annual growth of 252.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 6.6.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 48.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.10.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 70.4, implying annual growth of 34.9%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 4.9.
Market Sentiment: 0.7
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: $0.51
Canaccord Genuity rates ((RXL)) as Speculative Buy (1) –
Rox Resources has achieved $350m in committed debt facilities from a major banking syndicate to fund development of the Youanmi gold project in Western Australia.
The project is now fully financed ahead of a final investment decision expected later this month.
The company is undertaking early works advancing underground development at the United North area and an infill and resource growth drilling program has also commenced.
Canaccord Genuity retains a Speculative Buy rating with a $1.15 target.
This report was published on March 9, 2026.
Target price is $1.15 Current Price is $0.51 Difference: $0.645
If RXL meets the Canaccord Genuity target it will return approximately 128% (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.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SKO SERKO LIMITED
Software & Services – Overnight Price: $1.75
Jarden rates ((SKO)) as Overweight (2) –
Serko’s investor day highlighted its strategy to scale corporate travel booking products, with Booking.com for Business (B4B) expected to remain the primary near-term earnings driver, Jarden reports.
The broker highlights accelerating B4B product development and improved conversion rates, alongside a new US target segment focused on workforce mobility corporates with high accommodation demand.
The company also unveiled Serko.ai, a conversational AI travel booking interface aimed at managed travel in North America, with beta testing set for April 2026 and a minimum viable product targeted by late 2026.
FY26 revenue guidance was narrowed to NZ$119-NZ$121m while spending guidance was reduced, reflecting efficiency gains.
Overweight rating and NZ$4.55 target price unchanged.
This report was published on March 10, 2026.
Current Price is $1.75. Target price not assessed.
Current consensus price target is $4.22, suggesting upside of 139.5%(ex-dividends)
The company’s fiscal year ends in March.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.63 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 280.80.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -5.2, 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:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 4.64 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 37.82.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is N/A, 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.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SS1 SUN SILVER LIMITED
Gold & Silver – Overnight Price: $1.64
Canaccord Genuity rates ((SS1)) as Speculative Buy (1) –
Strong metallurgical testwork from Sun Silver’s Maverick Springs Silver-Gold Project in Nevada indicates higher recoveries than expected by Canaccord Genuity.
The broker notes intermittent bottle roll tests delivered average recoveries of 77% for silver and 74% for gold, supporting potential heap leach processing.
Further tank leach testing produced higher recoveries of 87% for silver and 82% for gold while confirming mineralisation is non-refractory.
The analysts consider stronger heap leach recoveries could lower capital intensity and alter the preferred development pathway pending further metallurgical testing.
A Speculative Buy rating is retained with a $4.15 target price.
This report was published on March 5, 2026.
Target price is $4.15 Current Price is $1.64 Difference: $2.515
If SS1 meets the Canaccord Genuity target it will return approximately 154% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
STM SUNSTONE METALS LIMITED
Copper – Overnight Price: $0.40
Shaw and Partners rates ((STM)) as Buy (1) –
Sunstone Metals reported a significant intersection at the Porotillo discovery within its Bramaderos project in southern Ecuador.
A scoping study is due for completion by the middle of the year that will leverage record gold and copper prices, which Shaw and Partners believes underscores the large-scale potential of the assets.
A 462m surface trench intersection graded 0.55g/t gold equivalent, effectively expanding the known mineralisation of the cluster.
The broker points out by demonstrating continuity and growth at surface, the results provide further support for increasing the current gold equivalent resource of 3.6m ounces. Buy, High Risk retained. Target is $2.10.
This report was published on March 12, 2026.
Target price is $2.10 Current Price is $0.40 Difference: $1.705
If STM meets the Shaw and Partners target it will return approximately 432% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 1.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 32.92.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 0.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 43.89.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
TLX TELIX PHARMACEUTICALS LIMITED
Pharmaceuticals & Biotech/Lifesciences – Overnight Price: $11.29
Jarden rates ((TLX)) as Buy (1) –
Telix Pharmaceuticals reported interim Phase III ProstACT Global trial data showing TLX591 met both primary and secondary endpoints for safety and dosimetry.
Jarden notes the therapy demonstrated a favourable non-hematologic safety profile, although thrombocytopenia occurred in a significant portion of patients but appeared transient and manageable in most cases.
The broker highlights the key next step is FDA review of the Phase III Part 1 data to allow recruitment of US patients, with regulatory approval still uncertain despite encouraging early results.
The report concludes Telix is positioning itself as a theranostics company capable of diagnosing, monitoring and treating prostate cancer.
Buy rating and $21.00 target price retained.
This report was published on March 10, 2026.
Target price is $21.00 Current Price is $11.29 Difference: $9.71
If TLX meets the Jarden target it will return approximately 86% (excluding dividends, fees and charges).
Current consensus price target is $25.84, suggesting upside of 128.9%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 3.04 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 371.63.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -10.4, 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 N/A.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 1.40 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 806.43.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 18.9, 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 59.7.
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
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.
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