Weekly | Can $CSC’s Record Q3 and Santo Domingo Deal Fuel Its Next Rally?
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,881.90 on Friday, down 1.94% in the past 5 days.
1. $Capstone Copper Corp(CSC.AU)$ +8.52%
The company reported record quarterly financial performance for Q3 2025, including a record Adjusted EBITDA of $249.2 million, which more than doubled from the previous year. This was driven by higher copper production and strong copper prices.
Capstone sold a 25% stake in its Santo Domingo project for up to $360 million. This deal reduces future funding requirements for the project, provides immediate cash, and enhances financial flexibility, which was viewed positively by the market.
Several financial institutions, including CIBC, Stifel Nicolaus, and BMO Capital Markets, raised their price targets for Capston. This wave of analyst optimism, with new targets reaching as high as C$17.00, reinforced positive market sentiment.
2. $WOOLWORTHS GROUP LTD(WOW.AU)$ +6.32%
The company reported a 2.7% year-on-year increase in group sales to $18.5 billion . This growth, particularly in Australian Food and a strong 11.3% jump in eCommerce sales , boosted investor confidence and led to a share price increase.
Early sales data for Q2 FY26 showed a notable improvement, with Australian Food sales (excluding tobacco) rising around 5% year-on-year in the initial weeks . This positive trend signaled a potential turnaround from previous challenges.
Broker Bell Potter upgraded its rating for Woolworths to "Buy" . The firm cited an improved performance and the stock's valuation compared to peers, setting a price target that implied an 11% potential upside.
Management's initiatives to enhance value, including expanding its "Lower Shelf Price" program and boosting customer engagement through loyalty offers , were seen as effective. These efforts led to improvements in customer sentiment and transaction volumes.
3. $BLUESCOPE STEEL LTD(BSL.AU)$ +4.28%
Macquarie maintains an "Outperform" rating on the stock, highlighting improving Australian housing demand as interest rates retreat and positive US steel price trends as key drivers. The broker expects a 26% compound annual growth rate in EBIT from the FY25 base.
The stock recently saw its strongest intraday gain since July, rising as much as 4% in a single day to hit a two-month high. This was part of a 14.2% recovery from a sell-off earlier in October, boosting investor confidence.
Despite some earnings volatility, BlueScope's stock has delivered a 76% total shareholder return (TSR) over the past five years, significantly outperforming the market. More recently, shareholders have received a total shareholder return of 15% over one year.
There has been significant insider buying in the last quarter. This is generally considered a positive signal to the market, as it indicates that those with the most knowledge about the company's prospects are confident in its future.
4. $LIFE360 INC-CDI(360.AU)$ +3.86%
The company demonstrated strong operational growth, achieving a record 706,000 net added paid circles in a quarter . It also reported healthy growth in Monthly Active Users (MAUs), reaching 70.6 million.
Several analysts raised their price targets. Canaccord Genuity lifted its target to $115, Citizens JMP raised its target to $95, and Stifel increased its target to $92, all maintaining positive ratings . This reinforced strong market sentiment.
5. $NORTHERN STAR RESOURCES LTD(NST.AU)$ +3.84%
The average one-year price target for Northern Star was raised significantly to A$28.26 per share on October 28, 2025. This represents a 28.19% increase from the previous estimate and a potential 21% upside from the last closing price of A$23.32, signaling strong analyst confidence.
The number of funds and institutions holding positions in Northern Star increased, with total shares owned by institutions rising by 7.87% in the last quarter. This growing ownership, including major ETFs, indicates strong belief in the company's prospects.
The company's shares benefited from a surge in the price of gold, which hit a record high of $3,895.38 per ounce in early October 2025. As a gold miner, Northern Star's valuation is closely tied to the price of the underlying commodity.
The company maintains a solid dividend yield of 2.49%, supported by a healthy payout ratio and a demonstrated history of dividend growth. This income stream can make the stock attractive to investors, especially in a volatile market.
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- Ron Anne·11-01CSC’s $360M stake sale + 2x EBITDA? Copper’s star, no doubt!LikeReport
- Wade Shaw·11-01Think BSL’s 26% EBIT CAGR’ll hold with housing recovery?LikeReport
- TODAMOON·10-31Capstone’s performance is impressiveLikeReport
