Mining Services

Given increased market uncertainty, we’ve upgraded our gold price forecasts and maintain our Buy recommendation, with a new price target of $4.34.

Recent contract wins strengthen GenusPlus Group’s growth outlook and support our Buy recommendation with a target price of $3.10.

Southern Cross Electrical Engineering announces $225m in new contracts, strengthening its FY25 outlook.

We have initiated coverage on ALS (ALQ) with a price target of $17.30 and a Buy recommendation.

SRG Global has announced $700m in contract awards, and we maintain our Buy recommendation with a target price of $1.55.

We have revisited our forecasts, with considerations made on the outlook for the HumeLink East project and the Infrastructure segment.