Latest Valuation News

Hastings Technology Metals has completed the sale of its gold assets, distributed shares to shareholders, and strengthened its rare earths project through a joint venture and a new US partnership.

Novatti Group has reported its December quarter results, marking a fourth consecutive EBITDA positive quarter in its Payments AU/NZ business and securing $1 million in strategic growth funding. The company’s stake in AUDC has nearly doubled following a successful Pre-Series A funding round.

Diversified United Investment Limited (DUI) and Australian United Investment Company Limited (AUI) have agreed to merge, creating a $2.5 billion investment entity expected to deliver higher dividends and operational efficiencies.

FAR Limited’s December quarter report highlights robust production from the Sangomar field operated by Woodside Energy, alongside a strategic settlement of a $6 million claim with Woodside. The company ends the quarter with a modest cash balance, positioning itself cautiously for the near term.

Tarrina Resources has launched a 1,200-metre diamond drilling program at its flagship Christmas Gift Gold Project, following extensive historic data validation and geological modelling. The company also advances copper and rare earth element projects in South Australia after a successful $5 million capital raise and ASX relisting.

Forrestania Resources has secured a near 20% stake in OzAurum Resources, marking a strategic move to deepen its footprint in Western Australia’s Eastern Goldfields gold development scene.

Forrestania Resources has taken a strategic 19.9% stake in OzAurum Resources, marking a significant step in expanding its footprint in Western Australia's Eastern Goldfields gold sector. The investment supports OzAurum’s near-term development plans at the James Stage 1 Open Pit within the Mulgabbie North Project.

Nexsen Limited has reported significant progress in its rapid diagnostic technologies, including a key FDA pre-submission for its GBS rapid sensor and a solid cash reserve post-IPO to support commercialisation efforts.

Far Northern Resources has resumed its Phase 2 drilling program at the Bridge Creek project in the Northern Territory, aiming to expand its gold resource. The company maintains a solid cash position, supporting ongoing exploration activities.

Findi Limited has responded in detail to ASX queries over its valuation approach for its Indian subsidiary TSI, clarifying peer selection, valuation multiples, and compliance ahead of TSI’s planned IPO on the Bombay Stock Exchange.

Paterson Resources has responded to an ASX price query following a notable rise in its share price and trading volume, confirming no undisclosed information exists. The company points to imminent drilling results from its Grace Project as the likely catalyst for market activity.

Brightstar Resources has released an updated Definitive Feasibility Study for its Goldfields Project, outlining a robust six-year production plan averaging 75,000 ounces of gold annually and a pre-tax NPV of A$606 million. The study highlights a new 1.5Mtpa processing plant with expansion potential and a clear pathway to first gold by mid-2027.