Central Asia Metals PLC reported a 46% increase in revenue to $145.5 million for the first half of the year, driven by higher copper and zinc prices and increased production. EBITDA nearly doubled to $75.5 million, with profit before tax up 203% to $59.3 million, and free cash flow almost tripled to $46.8 million. Production rose modestly across copper, zinc, and lead, while the company maintained its full-year production guidance. It also completed a $10 million share buyback and plans to finalize its $232 million acquisition of Cygnus Metals by early October.
A leading semiconductor exchange-traded fund (ETF) has delivered an impressive average annual return of 14% since 2001. Over the last twelve months alone, the ETF surged by 118%, highlighting strong growth in the chip sector. This performance undersc...
Revolut has introduced EURR, a euro-pegged stablecoin issued under the EU's MiCA regulations through a Luxembourg-based entity owned by Stripe. Initially available to select customers in Denmark, Poland, and Portugal, EURR allows Revolut's 80 million...
AllianceBernstein lowered its price target for Strategy (formerly MicroStrategy) from $450 to $350, citing equity dilution and a tougher interest rate environment. Despite the cut, the firm maintained an outperform rating, believing in the long-term ...
Jefferies has increased its price target for Whitbread PLC to 2,250p due to stronger-than-expected UK hotel revenue driven by solid forward bookings. Despite this, the broker maintains a cautious 'hold' rating, noting that the current valuation alrea...
Faron Pharmaceuticals has raised its cash reserves to €32 million, extending its financial runway to November 2027, enabling continued progress on its BEXERA trial for high-risk myelodysplastic syndrome. The phase IIb trial will start in late 2026, t...
