Latest Equities News

Legacy Minerals reveals a robust 19-year Mt Carrington gold-silver project with a pre-tax NPV of A$716 million and low operating costs, advancing towards pre-feasibility studies amid resource conversion plans.

Navigator Global Investments (ASX: NGI) is acquiring a US$195 million portfolio of Net Revenue Share interests from Stable Asset Management, broadening its alternative asset manager ecosystem and raising A$145 million via a fully underwritten entitlement offer.

Condor Energy secures A$2.25 million in a placement to advance licence conversion, gas commercialisation, and exploration drilling readiness in its offshore Peru portfolio.

SSH Group Ltd is set to acquire Elphinstone Mechanical Services, boosting its revenue scale and geographic reach into Queensland and New South Wales with an immediately accretive deal.

Vanadium Resources raises about A$1 million through a placement to fund studies and site agreements for its Steelpoortdrift Vanadium Project and next-gen V-Iron Plant, aiming to supply Western critical mineral markets.

X2M Connect is accelerating its transition to a high-margin SaaS model while trimming debt and growing its footprint across Asia-Pacific and the Middle East.

Great Boulder Resources (ASX:GBR) has struck a transformative deal to acquire Westgold’s Peak Hill Gold Project, adding nearly half a million ounces of gold resources and securing a strategic partnership to fast-track production.

Great Boulder Resources is set to acquire Westgold’s Peak Hill Gold Project for $25 million cash, a 19.9% stake, and a 1% royalty, significantly boosting its gold resources and advancing near-term production plans.

Eagers Automotive has finalized its majority acquisition of CanadaOne Auto, positioning itself among the world’s largest automotive retail groups with combined pro-forma revenue nearing A$19 billion.

Pacgold Limited has poured its first gold doré bar from the White Dam Gold Project, signalling its shift from exploration to production and initiating cash flow to support growth.

National Australia Bank’s half year to March 2026 saw revenue climb 8.7% to $11.16 billion while net profit dropped 19.3%, hit by a $949 million accelerated software amortisation. Excluding this, cash earnings edged 2.3% higher, underpinned by strong business banking growth and cautious credit provisioning amid geopolitical uncertainty.

The Smart US 500 ETF reported a near-billion-dollar fund size with a 5-year average annual return of 14.14% after fees and tax, maintaining a high-risk profile and low management fees of 0.34%.