Pilbara Minerals reported a challenging half‐year where – despite record production and higher sales volumes – lower average realized prices put significant downward pressure on revenues and margins.
Market sentiment was dampened by the significant decline in the Civil Construction and Hire segment, which saw a 47% drop in EBITDA due to project delays and losses.
The softness in overall profitability (notably the decline in EBIT, net profit, and EPS) and the lower-than-expected cash conversion further contributed to the negative market response.
The S&P/ASX 200 index fell 0.6% in early trading on Monday, tracking Wall Street’s decline, before recovering slightly to trade 0.3% lower by 2:01 PM.
The ETF Elite Portfolio has performed well, with a return of 1.86% since inception after fees, aligning with its goal of outperforming the ASX 200 benchmark by a couple of percentage points annually.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Jonathan Tacadena interviews MPC Markets resident AI Guru, Kai Chen, to explain all things AI.
From the basic terminology, history, Large Language models (LLM) and how they work and why Deepseek is so important
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Uranium-focused stocks Paladin Energy and Boss Energy soared 11.1% and 12.9%, respectively, after Trump indicated potential tariffs on Canadian uranium.
