Morgans Blog | Morgans

Fortescue Metals Group: Steady result but guidance on the soft side

28 July 2023, 8:00 AM

Fortescue Metals Group (ASX:FMG) posted an in-line 4Q23 result in terms of shipments, pricing and costs.

Mineral Resources: If you own the rock you’re God

28 July 2023, 8:00 AM

Consensus on Mineral Resources (ASX:MIN) grows increasingly divided, with analysts split in their view on MIN's overarching strategy in lithium. We remain amongst the optimists.

Allkem: Big production numbers but sales were soft

By Max Vickerson

28 July 2023, 8:00 AM

Allkem's (ASX:AKE) production hit new a record at Olaroz in the last quarter but the soft lithium market conditions in April – May took a toll on sales volumes.

FED plays tough - Next step 5.6%

By Michael Knox

27 July 2023, 9:00 AM

Morgans Chief Economist Michael Knox says there are still more hikes to come following the FED rate hike of 25 points in July. Another 25-point hike is expected in September.

Rio Tinto: Iron ore carries the group but still a near miss

By Adrian Prendergast

27 July 2023, 8:00 AM

A somewhat fragmented 1H23 result, with a surprisingly strong performance from Rio Tinto's (ASX:RIO) iron ore business, versus the rest of the business which trailed estimates.

South32: Big Hermosa write-down

By Adrian Prendergast

24 July 2023, 8:00 AM

South32's (ASX:S32) 4Q’FY23 marked a significantly better operational result compared to the previous period, mostly in-line with expectations.

Atlas Arteria: Q2 traffic and toll revenue reveal

By Nathan Lead

24 July 2023, 8:00 AM

Atlas Arteria (ASX:ALX) has released its Q2 traffic and toll revenue data, thus completing the 1H23 revenue picture heading into its 1H23 result scheduled for release on 31 August.