As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7789.7 on Friday, down 1.99% in the past 5 days.
1. $WESTGOLD RESOURCES LTD(WGX.AU)$ +13.65%
The market is currently in extreme panic, with Trump’s tariffs and safe-haven demand pushing gold above $3000 this week. However, after reaching a new high, gold may face correction pressure, and gold mining companies could follow the spot gold price in a downturn.
Its surge this week covers all the losses at the begining of the year when the company reported its first half-year gold production well below half of the miner's full-year guidance range.
Despite this rocky start to the year, brokers seem to think there is upside. Bell Potter currently has a buy rating and a price target of $3.40, which implies an upside of approximately 29% for WGX. SelfWealth has an undervalued rating on the current share price and a forecast of $3.51.
2. $REGIS RESOURCES LTD(RRL.AU)$ +11.25%
Regis Resources inks deal with marine science company SeaStock to cultivate seaweed from salty mine pit water.
The gold price is holding close to record levels due to its safe-haven appeal amid global trade uncertainties and a weaker US dollar.
3. $EVOLUTION MINING LTD(EVN.AU)$ +7.81%
EVN share price has risen 33% since 2025, its strong surge is on the back of record-breaking half-year results.
EVN shareholders have earned a 99% return over the last year, and that does include the dividend. The share price skyrocketing has led to some experts suggesting it could be time to sell.
4. $Lifestyle Comnts(LIC.AU)$ +7.81%
Shares in Lifestyle Communities gained after Citi upgraded its ratings on the real estate investment trusts to 'buy'.
The recent selloff driven by increased uncertainty in trade policies and expectations for higher inflation, has presented an attractive buying opportunity in the sector.
Longer-term bond yields have largely remained stable, and interest rates are expected to be reduced over the 2025 calendar year, both resulting in multi-year positive share price performance for REITs.
5. $A2 MILK CO LTD(A2M.AU)$ +7.45%
In the China & Other Asia segment, A2M experienced robust growth, bolstered by double-digit increases in the USA segment.
A2 Milk distributed its first-ever dividend to eligible shareholders at the beginning of the month, boosting shareholders' confidence.
Management expects the company's performance in the second half to be stronger, with revenue growth in the low to mid double-digits.
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