Broker Notes, Comments and Analysis

Broker notes, analysis and comments

Jubilee Metals turns up the copper volume as Roan steadies and Molefe gains traction – Zeus Capital

Jubilee Metals’ latest research note points to surging copper output, a cleaner portfolio and fresh catalysts from Molefe drilling...

Thor Energy gets first Molyhil deferred payment as HY-Range work steps up – Zeus

Thor Energy has received the first A$1.3 million deferred Molyhil payment, adding cash and Tivan shares ahead of HY-Range exploration...

Physitrack edges ahead as RTM goes live and Wellness returns to profit, says Redeye

Redeye’s latest research note on Physitrack points to a quarter that came in slightly ahead of expectations, with group ARR moving higher...

Corero lands new Tier-1 wins as Edison sees growth accelerating – Edison

Edison says two fresh customer wins at Corero Network Security support its case that partner-led sales and newer products are broadening the...

Strix cash surge and Consumer Goods momentum put the spotlight on the next strategic update – Zeus Capital

Zeus Capital says Strix’s FY26 results were broadly in line, but the standout was a sharp improvement in cash, a stronger Consumer...

Hercules launches dedicated Power & Energy Services division to target UK infrastructure investment

Hercules has created a standalone Power & Energy Services division and appointed Marcus White to lead growth across UK electricity infrastructure programmes...

Nativo Resources Plc advances gold strategy and Peru growth plans in latest research note from the broker

A latest research note on Nativo Resources Plc highlights progress across its gold strategy, operational updates in Peru and a clearer path to near-term value creation, with the company continuing..

Luceco’s growth story gathers pace as Energy Transition drives the outlook – Zeus Capital

Luceco’s latest research note highlights broad-based revenue growth, a stronger contribution from Energy Transition products and an improved earnings outlook. The broker...

Nativo Resources Plc advances with Peru gold and silver focus Panmure Liberum

Panmure Liberum’s latest research note on Nativo Resources Plc highlights progress across the company’s Peruvian portfolio, with the broker pointing to the potential of the Tesoro Gold project and the..

Norcros shows pricing power and share gains could keep momentum building, says Zeus Capital

Norcros Plc has delivered a steady AGM update, with 3.1% organic revenue growth in the first 13 weeks of FY27F and reported...

Sintana Energy positioned for Namibian exploration upside, says Zeus Capital

Zeus Capital has highlighted Sintana Energy’s exposure to Namibia’s emerging offshore oil and gas story, noting that the company remains focused on exploration-led value creation. The broker sees the portfolio..

Nativo Resources Plc advances Peru strategy and funding position, says research note from the broker

A latest research note on Nativo Resources Plc highlights progress across its Peruvian portfolio, a strengthened funding position and a clearer route towards near-term operational milestones...

Likewise latest research note from Zeus Capital highlights progress and growth potential

Zeus Capital’s latest research note on Likewise points to continued operational progress, with the broker maintaining a positive view on the group’s prospects in the UK flooring market...

Nativo Resources Plc latest research note highlights progress and near-term catalysts from the broker

A latest research note on Nativo Resources Plc highlights progress across the company’s portfolio, with attention on operational delivery, project optionality and the potential for further value creation as work..

Norcros latest research note from Zeus Capital highlights resilient trading and strategic progress

Zeus Capital’s latest research note on Norcros points to a business that continues to trade resiliently, with management maintaining focus on margin, cash generation and strategic delivery across its portfolio...

Celebrus Technologies starts FY27 on a stable footing, says Cavendish

Celebrus Technologies has delivered full year results in line with expectations, with Cavendish highlighting a strong cash position, continued ARR growth and early signs of renewed momentum in FY27. The..

Norcros latest research note from Zeus Capital highlights resilient trading and strategic progress

Zeus Capital’s latest research note on Norcros points to a business that continues to trade resiliently, with management making progress on strategic priorities and maintaining a disciplined approach in a..

BRCK Group FY26 results in-line as Cavendish sees structural resilience and growth potential

Cavendish says BRCK Group’s FY26 results were in line with expectations, with modest revenue growth, improved adjusted EBITDA and continued resilience despite weak UK construction markets. The broker also highlights..

Likewise latest research note highlights progress and growth potential Zeus Capital

Zeus Capital’s latest research note on Likewise highlights a business continuing to build scale in the flooring and home improvement market, with the broker pointing to improving momentum and a..

BRCK Group FY26 results in-line as Cavendish sees structural resilience and growth potential

BRCK Group has delivered FY26 results in line with expectations, with modest revenue growth, improved adjusted EBITDA and a maintained dividend, while Cavendish says the business remains well positioned for..
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Broker Notes, Comments and Analysis

Jubilee Metals turns up the copper volume as Roan steadies and Molefe gains traction – Zeus Capital

Jubilee Metals’ latest research note points to surging copper output, a cleaner portfolio and fresh catalysts from Molefe drilling...

Thor Energy gets first Molyhil deferred payment as HY-Range work steps up – Zeus

Thor Energy has received the first A$1.3 million deferred Molyhil payment, adding cash and Tivan shares ahead of HY-Range exploration...

Physitrack edges ahead as RTM goes live and Wellness returns to profit, says Redeye

Redeye’s latest research note on Physitrack points to a quarter that came in slightly ahead of expectations, with group ARR moving higher...

Corero lands new Tier-1 wins as Edison sees growth accelerating – Edison

Edison says two fresh customer wins at Corero Network Security support its case that partner-led sales and newer products are broadening the...

Strix cash surge and Consumer Goods momentum put the spotlight on the next strategic update – Zeus Capital

Zeus Capital says Strix’s FY26 results were broadly in line, but the standout was a sharp improvement in cash, a stronger Consumer...

Hercules launches dedicated Power & Energy Services division to target UK infrastructure investment

Hercules has created a standalone Power & Energy Services division and appointed Marcus White to lead growth across UK electricity infrastructure programmes...

Nativo Resources Plc advances gold strategy and Peru growth plans in latest research note from the broker

A latest research note on Nativo Resources Plc highlights progress across its gold strategy, operational updates in Peru and a clearer path to near-term value creation, with the company continuing to focus on disciplined execution and portfolio development...

Luceco’s growth story gathers pace as Energy Transition drives the outlook – Zeus Capital

Luceco’s latest research note highlights broad-based revenue growth, a stronger contribution from Energy Transition products and an improved earnings outlook. The broker...

Nativo Resources Plc advances with Peru gold and silver focus Panmure Liberum

Panmure Liberum’s latest research note on Nativo Resources Plc highlights progress across the company’s Peruvian portfolio, with the broker pointing to the potential of the Tesoro Gold project and the broader opportunity created by the company’s move into precious metals...

Norcros shows pricing power and share gains could keep momentum building, says Zeus Capital

Norcros Plc has delivered a steady AGM update, with 3.1% organic revenue growth in the first 13 weeks of FY27F and reported...

Sintana Energy positioned for Namibian exploration upside, says Zeus Capital

Zeus Capital has highlighted Sintana Energy’s exposure to Namibia’s emerging offshore oil and gas story, noting that the company remains focused on exploration-led value creation. The broker sees the portfolio as offering material optionality, while acknowledging the early-stage nature of the opportunity...

Nativo Resources Plc advances Peru strategy and funding position, says research note from the broker

A latest research note on Nativo Resources Plc highlights progress across its Peruvian portfolio, a strengthened funding position and a clearer route towards near-term operational milestones...

Likewise latest research note from Zeus Capital highlights progress and growth potential

Zeus Capital’s latest research note on Likewise points to continued operational progress, with the broker maintaining a positive view on the group’s prospects in the UK flooring market...

Nativo Resources Plc latest research note highlights progress and near-term catalysts from the broker

A latest research note on Nativo Resources Plc highlights progress across the company’s portfolio, with attention on operational delivery, project optionality and the potential for further value creation as work advances...

Norcros latest research note from Zeus Capital highlights resilient trading and strategic progress

Zeus Capital’s latest research note on Norcros points to a business that continues to trade resiliently, with management maintaining focus on margin, cash generation and strategic delivery across its portfolio...

Celebrus Technologies starts FY27 on a stable footing, says Cavendish

Celebrus Technologies has delivered full year results in line with expectations, with Cavendish highlighting a strong cash position, continued ARR growth and early signs of renewed momentum in FY27. The broker has reiterated its 200p target price, pointing to upside from both cash generation and contract newsflow...

Norcros latest research note from Zeus Capital highlights resilient trading and strategic progress

Zeus Capital’s latest research note on Norcros points to a business that continues to trade resiliently, with management making progress on strategic priorities and maintaining a disciplined approach in a more challenging market backdrop...

BRCK Group FY26 results in-line as Cavendish sees structural resilience and growth potential

Cavendish says BRCK Group’s FY26 results were in line with expectations, with modest revenue growth, improved adjusted EBITDA and continued resilience despite weak UK construction markets. The broker also highlights the strategic fit of the Jackson Fencing acquisition and maintains a Buy rating with a 100p target price...

Likewise latest research note highlights progress and growth potential Zeus Capital

Zeus Capital’s latest research note on Likewise highlights a business continuing to build scale in the flooring and home improvement market, with the broker pointing to improving momentum and a supportive long-term opportunity...

BRCK Group FY26 results in-line as Cavendish sees structural resilience and growth potential

BRCK Group has delivered FY26 results in line with expectations, with modest revenue growth, improved adjusted EBITDA and a maintained dividend, while Cavendish says the business remains well positioned for medium-term earnings growth...
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Broker Notes, Comments and Analysis

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