As the Australian market navigates through December, recent disruptions like the ASX announcements outage have highlighted some of the operational challenges facing investors, while fluctuations in sectors such as energy and materials reflect broader economic dynamics. In this environment, identifying promising small-cap stocks requires a keen eye for companies that can demonstrate resilience and growth potential amidst market volatility.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Joyce	NA	9.93%	17.54%	★★★★★★
Hearts and Minds Investments	NA	56.27%	59.19%	★★★★★★
Spheria Emerging Companies	NA	-1.31%	0.28%	★★★★★★
Euroz Hartleys Group	NA	1.82%	-25.32%	★★★★★★
Focus Minerals	NA	75.35%	51.34%	★★★★★★
Energy World	NA	-47.50%	-44.86%	★★★★★☆
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆
Reef Casino Trust	19.84%	6.96%	10.88%	★★★★☆☆

Click here to see the full list of 57 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

We’ll examine a selection from our screener results.

Cogstate

Simply Wall St Value Rating: ★★★★★★

Overview: Cogstate Limited is a neuroscience solutions company focused on developing, validating, and commercializing digital brain health assessments globally with a market cap of A$418.76 million.

Operations: Cogstate generates revenue primarily from its Clinical Trials segment, which accounts for $50.58 million, while the Healthcare segment contributes $2.51 million.

Cogstate, a neuroscience tech firm known for digital brain health assessments, is carving out growth through its Medidata partnership and AI-driven products. This collaboration is set to broaden Cogstate’s reach into new CNS indications and geographies, potentially boosting its contract pipeline. The company’s earnings grew 86% last year, surpassing the Healthcare Services industry’s 18.5%, with a P/E ratio of 27x below the industry average of 36.2x. Despite being debt-free now compared to a 16.4% debt-to-equity ratio five years ago, it faces challenges like regulatory hurdles and competitive pressures from larger digital health players.

• Cogstate’s strategic partnership with Medidata enhances its market reach and contract pipeline. Click here to explore the full narrative on Cogstate’s growth potential.

ASX:CGS Debt to Equity as at Dec 2025GenusPlus Group

Simply Wall St Value Rating: ★★★★★★

Overview: GenusPlus Group Ltd specializes in the installation, construction, and maintenance of power and communication systems in Australia with a market cap of A$1.15 billion.

Operations: GenusPlus Group Ltd generates revenue primarily from three segments: Infrastructure (A$405.10 million), Energy & Engineering (A$224.06 million), and Services (A$122.11 million).

GenusPlus Group, a nimble player in Australia’s energy sector, is poised for growth with its strategic focus on renewable energy and grid upgrades. The company boasts a robust pipeline of diverse projects, reducing geographic risk while venturing into high-margin areas like battery storage systems. Over the past year, earnings surged by 83.6%, outpacing the construction industry’s 6.5% growth rate. With more cash than total debt and positive free cash flow reaching A$69 million recently, GenusPlus seems financially sound. The recent addition of Tony Narvaez as a director brings valuable industry expertise to navigate future challenges and opportunities effectively.

• GenusPlus Group is expanding into high-margin battery energy storage systems, enhancing profit margins. Click here to explore the full narrative on GenusPlus Group’s strategic growth.

ASX:GNP Earnings and Revenue Growth as at Dec 2025Omni Bridgeway

Simply Wall St Value Rating: ★★★★★☆

Overview: Omni Bridgeway Limited, along with its subsidiaries, offers dispute and litigation finance services across multiple regions including Australia, the United States, Canada, Latin America, Asia, New Zealand, Europe, the Middle East, and Africa with a market capitalization of A$451.20 million.

Operations: Omni Bridgeway generates revenue primarily from funding and providing services related to legal dispute resolution, amounting to A$87.77 million.

Omni Bridgeway, a notable player in the financial litigation space, has recently turned profitable, boasting a debt to equity ratio reduction from 18.7% to 2.3% over five years. Its price-to-earnings ratio stands at an attractive 1.3x compared to the Australian market’s 22x, indicating potential value for investors. Despite earnings forecasted to decline by an average of 148% annually over the next three years, revenue is expected to grow by approximately 24%. The company enjoys high-quality non-cash earnings and more cash than total debt, suggesting financial stability amidst industry challenges.

• Click here to discover the nuances of Omni Bridgeway with our detailed analytical health report.

• Gain insights into Omni Bridgeway’s historical performance by reviewing our past performance report.

ASX:OBL Earnings and Revenue Growth as at Dec 2025Summing It All Up

• Unlock our comprehensive list of 57 ASX Undiscovered Gems With Strong Fundamentals by clicking here.

• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St’s portfolio, where intuitive tools await to help optimize your investment outcomes.

• Join a community of smart investors by using Simply Wall St. It’s free and delivers expert-level analysis on worldwide markets.

Seeking Other Investments?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:CGS ASX:GNP and ASX:OBL.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

As the Australian market navigates a cautious landscape, influenced by mixed performances on Wall Street and concerns over recent economic indicators like the hotter-than-expected CPI read, investors are keeping a close eye on small-cap opportunities. In such an environment, identifying promising stocks often involves looking for companies with strong fundamentals and growth potential that can weather broader market uncertainties.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Joyce	NA	9.93%	17.54%	★★★★★★
Hearts and Minds Investments	NA	56.27%	59.19%	★★★★★★
Spheria Emerging Companies	NA	-1.31%	0.28%	★★★★★★
Euroz Hartleys Group	NA	1.82%	-25.32%	★★★★★★
Djerriwarrh Investments	2.39%	8.18%	7.91%	★★★★★★
Focus Minerals	NA	75.35%	51.34%	★★★★★★
Energy World	NA	-47.50%	-44.86%	★★★★★☆
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 57 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Let’s uncover some gems from our specialized screener.

Australian United Investment

Simply Wall St Value Rating: ★★★★☆☆

Overview: Australian United Investment Company Limited is a publicly owned investment manager with a market cap of A$1.37 billion.

Operations: The company generates revenue primarily from its investment segment, amounting to A$57 million. It has a market cap of approximately A$1.37 billion.

Australian United Investment, a small player in the capital markets, showcases a solid financial footing with its debt to equity ratio dropping from 9.1% to 1.9% over five years. The company enjoys high-quality earnings and maintains satisfactory net debt levels at 1.5%. While earnings growth of 4.6% annually over the past five years is steady, it lags behind industry peers who posted a robust 12.7% last year. Free cash flow remains positive, and interest payments are comfortably covered by EBIT at 22.8 times, suggesting strong operational efficiency despite slower recent growth compared to the broader market.

• Delve into the full analysis health report here for a deeper understanding of Australian United Investment.

• Understand Australian United Investment’s track record by examining our Past report.

ASX:AUI Debt to Equity as at Nov 2025Tasmea

Simply Wall St Value Rating: ★★★★★☆

Overview: Tasmea Limited offers shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia with a market capitalization of A$1.22 billion.

Operations: Tasmea Limited generates revenue primarily from its Electrical Services (A$212.71 million), Civil Services (A$103.07 million), Mechanical Services (A$144.87 million), and Water & Fluid segments (A$87.06 million).

Tasmea, a promising player in the Australian market, has seen its debt to equity ratio improve significantly from 110.9% to 70.8% over five years, indicating better financial health. Its earnings soared by 74.9% last year, outpacing the Construction industry’s growth of 6.5%, showcasing robust performance and potential for future expansion with expected annual earnings growth of 16.82%. Despite high net debt to equity at 59.8%, interest payments are well-covered by EBIT at a multiple of 10.5x, reflecting strong operational efficiency and financial resilience amidst recent strategic moves like acquisitions and equity offerings totaling A$70 million this year alone.

• Click here to discover the nuances of Tasmea with our detailed analytical health report.

• Gain insights into Tasmea’s historical performance by reviewing our past performance report.

ASX:TEA Debt to Equity as at Nov 2025Zimplats Holdings

Simply Wall St Value Rating: ★★★★★☆

Overview: Zimplats Holdings Limited is involved in the production and sales of platinum group and associated metals in Zimbabwe, with a market capitalization of approximately A$1.86 billion.

Operations: Zimplats Holdings generates revenue primarily from the metals and mining sector, specifically gold and other precious metals, amounting to $826.59 million. The company’s financial performance is significantly influenced by its net profit margin trends over time.

Zimplats Holdings, a player in the metals and mining sector, has seen its earnings skyrocket by 393% over the past year, outpacing industry growth of 10%. Despite this impressive performance, its earnings have decreased by 42% annually over the last five years. The company’s net debt to equity ratio stands at a satisfactory 0.01%, indicating prudent financial management. Furthermore, Zimplats’ interest payments are comfortably covered with an EBIT coverage of 12 times. However, free cash flow remains negative and capital expenditures have been significant at A$439 million recently. These factors paint a mixed picture for potential investors considering future prospects.

• Navigate through the intricacies of Zimplats Holdings with our comprehensive health report here.

• Examine Zimplats Holdings’ past performance report to understand how it has performed in the past.

ASX:ZIM Debt to Equity as at Nov 2025Make It Happen

• Explore the 57 names from our ASX Undiscovered Gems With Strong Fundamentals screener here.
• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
• Streamline your investment strategy with Simply Wall St’s app for free and benefit from extensive research on stocks across all corners of the world.

Seeking Other Investments?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:AUI ASX:TEA and ASX:ZIM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

A bulk freighter was carrying more than a load of fluorspar when it pushed out of the St. Lawrence, Nfld., harbour in August, since it also signalled Canada Fluorspar Inc. had become North America’s only producer of a key mineral at a time when industries in Canada and the United States are scrambling for non-Chinese supply.

Chief executive and chair Willem Jacobs said restarting the company’s open pit mine could produce enough ore and jobs to last 30 years.

“It’s very seldom that you find industrial minerals with a mine life this long,” he said while on his way to the project site in southeast Newfoundland from South Africa this week. “The mineralogy is pretty consistent. There are other mines (worldwide) with higher grades, but they have other problems.”

The only other fluorspar mine owner in North America is Ares Strategic Mining Inc., which is in the process of restarting its Sheep Mine in Utah. Most producers shut down years ago as buyers switched to importing the mineral used to make everything from aluminum to lithium-ion batteries.

The project produces acid-grade fluorspar (acidspar), a high-purity form of the mineral. So far this year, Canada Fluorspar has processed and shipped about 8,500 tonnes to an unnamed, but well-known U.S. client.

Acidspar is an essential material for technology, industrial and defence supply chains. Global supply is tight, with China accounting for about 80 per cent of production, but it has cut exports in the past year, prompting countries such as Canada and the United States to seek domestic supplies.

Fluorspar was among 12 minerals added to the federal government’s list of critical minerals in this year’s budget, which also set aside $2 billion for a critical minerals sovereign fund to support Canadian projects. It provides equity investments, loan guarantees and offtake agreements to help develop domestic mining and processing capacity.

Jacobs said he’s looking into the supports, but so far does not believe his company qualifies. Meanwhile, he’s trying to raise $100 million.

“It will probably be a primary investor and a co-investor,” he said, adding he’d also like the government to be on board. “The reaction is slow, but I’m confident we can work something out. Government moves more slowly than the private sector, but that’s the correct approach because they don’t want to replace private money.”

The St. Lawrence mine went into receivership in 2022, leaving a trail of unpaid bills. Jacobs bought the assets in 2023, some 30-plus years after the former Barrick Mining Corp. chief operating officer became interested in fluorspar back, reviewing global supplies in South Africa, China and elsewhere.

In June that year, the court approved the $25‑million sale of the company’s assets to Fluorspar Holdings Pte. Ltd., a subsidiary of South African-based African Minerals Exploration & Development Funds Sicar SCA. Jacobs is now the majority owner.

He said there are now about 270 people employed on the project, but there is significant work to be done before production can reach full scale.

“We’re busy mining and there’s a lot of waste that has to be removed,” he said. “The previous owners mined themselves into a corner.”

The old owners took shortcuts to get the best ore out quickly, leaving less valuable material that must be cleaned before proper mining can be resumed, Jacobs said, adding the mine’s geology is “world class.”

Canada Fluorspar is spending about $4 million a month to get enough ore ready for its plant. The plan is to reach full production of about 180,000 tonnes of acidspar concentrate in 2027. He’s projecting production of more than 100,000 tonnes in 2026.

The U.S. is expected to be the primary market for the company’s fluorspar given its proximity, he said. Other potential markets include Europe, India and Japan.

Jacobs has more than 30 years of experience in global mining and industrial minerals. Before Barrick, he held leadership roles at Randgold Resources Ltd. and Imerys SA, and has led large-scale operations across Africa and the Middle East, overseeing complex projects involving exploration, mine development and operational restructuring.

But his job now is to manage and revive the St. Lawrence mine, and he believes his vast experience and technical know-how are things the previous owner lacked.

“Your on-site technical capabilities have to be very substantial. To process fluorspar, you need to get all of your recovery; otherwise, you’re not going to make money,” he said. “If you want to look at where things went wrong, it was the absolute lack of technical knowledge. It’s atrocious the technical decisions that were made.”

Upgrades have been made so that all ships will be loaded at the site’s port rather than being trucked to another port. Jacobs said he hopes to add an underground mine in a few years.

The fluorspar mine is hugely important for St. Lawrence since it once employed around 250 people. Jacobs hopes there will be jobs for 300.

“I can tell you now it’s going to be the basis of a global industry,” he said. “First of all, it’s important for Newfoundland and this town. Ninety per cent of the employees come from the town and the Burin Peninsula.”

As far as he’s concerned, there are only two industries that can turn countries around, and that’s mining and oil and gas.

“They build hospitals, they built roads, they have enormous economic engines,” he said.

• Newfoundland and Labrador sees gold and mining boom amid exploration surge

• These 12 critical minerals just got a tax credit boost that could spark a new wave of exploration

• Email: arankin@postmedia.com

Albemarle Corporation ALB remains committed to driving shareholder value by leveraging solid liquidity and healthy cash flows. At the end of the third quarter of 2025, ALB had liquidity of around $3.5 billion, including cash and cash equivalents of around $1.9 billion. Its operating cash flow was roughly $893.8 million for the first nine months of 2025, up 29% from the prior-year period. ALB expects free cash flow of $300-$400 million in 2025, driven by strong cash conversion, lower capital spending and productivity measures. Its ability to convert improving operating performance into free cash is likely to result in incremental returns to shareholders. The company remains focused on maintaining its dividend payout. It has raised its quarterly dividend for the 30th straight year and offers a dividend yield of 1.3% at the current stock price. Backed by healthy cash flows and sound financial health, ALB's dividend is perceived to be safe and reliable.Among its peers, Sociedad Quimica y Minera de Chile S.A. SQM exited the third quarter with strong liquidity, cash and cash equivalents being around $1.5 billion. Sociedad Quimica’s solid cash position supports its capital investment in growth projects and shareholder-friendly actions. Sociedad Quimica projects total capital expenditure of $2.7 billion for the 2025–2027 period, which includes the expansion of lithium carbonate and lithium hydroxide capacity in Chile, the expansion of the Mt. Holland project and investments to develop the Andover project, both in Australia. ICL Group Ltd.’s ICL cash resources totaled roughly $1.55 billion as of Sept. 30, 2025. ICL Group’s operating cash flow was $308 million in the third quarter and $742 million for the first nine months of this year. In terms of shareholder returns, ICL Group declared a quarterly dividend of roughly $62 million, equating to 50% of its third-quarter adjusted net income.

ALB’s Price Performance, Valuation & Estimates

Albemarle has gained 47.6% year to date compared with the Zacks Chemical – Diversified industry’s decline of 25.6%.

Image Source: Zacks Investment Research

ALB is currently trading at a forward price-to-sales ratio of 2.95, well above the industry. It carries a Value Score of D.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for ALB’s 2025 earnings implies a year-over-year rise of 48.3%. The EPS estimates for 2025 have been trending higher over the past 60 days.

Image Source: Zacks Investment Research

ALB stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Albemarle Corporation (ALB) : Free Stock Analysis Report

Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report

ICL Group Ltd. (ICL) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

A month has gone by since the last earnings report for FMC (FMC). Shares have lost about 10.2% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is FMC due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

FMC’s Q3 Earnings Increase, Sales Decline on Lower Prices

FMC reported a loss of $4.52 per share for third-quarter 2025. This compares unfavorably to earnings of 52 cents in the year-ago quarter.Barring one-time items, adjusted earnings per share were 89 cents, up from 69 cents reported a year ago.Revenues were $542 million in the quarter, down around 49% from the year-ago quarter’s levels. Excluding India, revenues were $961 million, down 10%.Third-quarter revenues decreased primarily due to one-time commercial actions taken in India to position the business for sale. Excluding that, third-quarter revenues still witnessed a decline of 10% from the prior-year quarter due to a 6% decrease in price from the decline linked to price reductions in specific "cost-plus" contracts with certain diamide partners, reflecting lower manufacturing costs and the other half stemmed from competitive pressure. The volumes in the core portfolio also decreased due to increased competition.

Regional Sales Performance

In North America, sales increased 4% year over year to $244 million in the quarter. Sales in North America increased as a result of price gains in branded products and higher volume, including Adastrio fungicide based on fluindapyr. It topped the consensus estimate of $225 million.

Latin American sales saw an 8% year-over-year decrease to $463 million in the reported quarter. Sales in Latin America suffered from increased pressure from generics, leading to lower volume and price decline of branded products. It missed the consensus estimate of $516 million.In Asia, excluding India, revenues declined 47% from the previous year to $99 million. Sales declined due to lower pricing, the removal of India and reduced volumes. It missed the consensus estimate of $153 million.EMEA experienced an 11% year-over-year sales increase to $155 million in the reported quarter. The growth was fueled by significant volume increases, especially in the growth portfolio from branded Cyazypyr offerings. The successful launch of Isoflex in Great Britain also drove sales. It lagged the consensus estimate of $158 million.

Financials

The company had cash and cash equivalents of $497.7 million at the end of the quarter. Long-term debt was roughly $3.27 billion.

Q4 Guidance

FMC expects fourth-quarter revenues (excluding India) to range between $1.12 billion and $1.22 billion, implying a 4% decline at the midpoint compared to 2024. Adjusted EBITDA is forecasted between $265 million and $305 million, indicating a 16% decline at the midpoint. Adjusted earnings per share are projected to be $1.14 to $1.36, indicating a 30% year-over-year decrease at the midpoint.

How Have Estimates Been Moving Since Then?

Since the earnings release, investors have witnessed a downward trend in estimates review.

The consensus estimate has shifted -27.57% due to these changes.

VGM Scores

At this time, FMC has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise FMC has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

FMC Corporation (FMC) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

As the U.S. stock market experiences a notable upswing, with major indexes like the S&P 500 and Nasdaq on track for their best week since June, investors are turning their attention to small-cap stocks, which often offer unique opportunities during periods of broader market optimism. In this environment, identifying small-cap companies with strong fundamentals and insider activity can be particularly appealing as these factors may indicate potential for growth amid favorable economic conditions.

Top 10 Undervalued Small Caps With Insider Buying In The United States

Name	PE	PS	Discount to Fair Value	Value Rating
Merchants Bancorp	7.5x	2.5x	49.65%	★★★★★★
Shore Bancshares	10.4x	2.8x	41.27%	★★★★★☆
Business First Bancshares	10.2x	2.6x	49.56%	★★★★★☆
OneSpan	8.0x	1.9x	44.37%	★★★★★☆
First United	9.9x	3.0x	45.32%	★★★★★☆
Peoples Bancorp	10.3x	1.9x	45.15%	★★★★★☆
S&T Bancorp	11.3x	3.9x	37.94%	★★★★☆☆
Farmland Partners	6.4x	7.9x	-86.24%	★★★★☆☆
CNB Financial	17.8x	3.4x	46.42%	★★★☆☆☆
Omega Flex	17.0x	2.7x	7.78%	★★★☆☆☆

Click here to see the full list of 77 stocks from our Undervalued US Small Caps With Insider Buying screener.

We’re going to check out a few of the best picks from our screener tool.

FMC

Simply Wall St Value Rating: ★★★★★☆

Overview: FMC is a global agricultural sciences company that provides innovative solutions for crop protection, with a market cap of approximately $13.50 billion.

Operations: FMC’s revenue is primarily derived from its Innovative Solutions segment, with recent figures showing a gross profit margin of 38.15%. The company has experienced fluctuations in net income margin, which reached -13.80% in the latest period ending September 2025. Operating expenses and non-operating expenses have been significant cost components affecting profitability over time.

PE: -3.5x

FMC, a smaller player in the U.S. market, recently reported a challenging third quarter with sales dropping to US$542.2 million from last year’s US$1.07 billion and a net loss of US$569.3 million compared to prior profits. Despite these setbacks, insider confidence is evident as key figures have been purchasing shares throughout 2025, signaling potential optimism for future growth prospects amid expected earnings growth of 66% annually. However, funding remains risky due to reliance on external borrowing, and dividend reductions reflect ongoing financial adjustments.

• Click to explore a detailed breakdown of our findings in FMC’s valuation report.

• Assess FMC’s past performance with our detailed historical performance reports.

FMC Share price vs Value as at Nov 2025Herbalife

Simply Wall St Value Rating: ★★★★★☆

Overview: Herbalife is a global nutrition company that develops and sells dietary supplements, weight management products, and personal care items, with a market capitalization of $1.46 billion.

Operations: Herbalife generates revenue across several key markets, including India and the United States, with significant contributions from other regions as well. The company experienced fluctuations in its gross profit margin, which was 50.51% in late 2014 and shifted to 45.28% by mid-2025. Operating expenses primarily consist of general and administrative costs, consistently forming a substantial part of the company’s expenditures over time.

PE: 4.3x

Herbalife, a company with a strong presence in the nutrition industry, is navigating challenges amidst its small cap status. Recent insider confidence was evident as they increased their shareholdings over the past quarter, signaling potential optimism about future prospects. Despite earnings forecasted to decline by 2.5% annually over three years and interest payments not well covered by earnings, Herbalife’s Liftoff product line continues to thrive in the growing US$41.4 billion energy drink market projected for 2033. The company’s recent expansion into new flavors and its investment of US$7 million in a new research facility highlight ongoing efforts to innovate and maintain quality standards. However, external borrowing remains their primary funding source, which carries higher risk compared to customer deposits.

• Get an in-depth perspective on Herbalife’s performance by reading our valuation report here.

• Examine Herbalife’s past performance report to understand how it has performed in the past.

HLF Share price vs Value as at Nov 2025Sally Beauty Holdings

Simply Wall St Value Rating: ★★★★★☆

Overview: Sally Beauty Holdings operates as a specialty retailer and distributor of professional beauty supplies with two main segments, Sally Beauty Supply and Beauty Systems Group, and has a market capitalization of approximately $1.39 billion.

Operations: SBS and BSG are the primary revenue streams, contributing to a total revenue of $3.7 billion. The gross profit margin shows a notable trend, reaching 51.62% by September 2025. Operating expenses remain significant, with general and administrative costs being a major component at $1.54 billion as of the latest period.

PE: 8.2x

Sally Beauty Holdings, a smaller company in the beauty sector, recently reported annual sales of US$3.70 billion, slightly down from last year. However, net income rose to US$195.88 million from US$153.41 million, indicating improved profitability with earnings per share increasing to US$1.95 from US$1.48. The company repurchased 1.68 million shares for $20.45 million between July and September 2025 as part of a long-term buyback program totaling 36.72 million shares since August 2017, reflecting insider confidence in its future prospects despite high debt levels and reliance on external borrowing for funding needs.

• Dive into the specifics of Sally Beauty Holdings here with our thorough valuation report.

• Gain insights into Sally Beauty Holdings’ past trends and performance with our Past report.

SBH Share price vs Value as at Nov 2025Turning Ideas Into Actions

• Take a closer look at our Undervalued US Small Caps With Insider Buying list of 77 companies by clicking here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St’s portfolio to get a 360-degree view on how they’re shaping up.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include FMC HLF and SBH.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

– Unique opportunity offers potential to accelerate mineralization models, drill targeting, scale & grade knowledge base

VANCOUVER, BC / ACCESS Newswire / November 24, 2025 / Apex Critical Metals Corp. (CSE:APXC)(FSE:KL9)(OTCQX:APXCF) ("Apex" or the "Company"), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, is pleased to announce that it has commenced an extensive 2025 re-sampling and re-logging program of historical drill core from the Rift Rare Earth Project, located near Elk Creek, Nebraska, USA.

The historical drill programs were completed during the 1970s and 1980s by Molycorp Inc., and a substantial portion of the drill core, and sample material have been preserved and are available for modern analysis.

The Company has retained Dahrouge Geological Consulting Ltd. to oversee the program. Dahrouge previously completed similar verification and re-sampling work for Quantum Rare Earth Developments Corp. in 2010-2011, which supported the first modern NI 43-101 Technical Reports for the Elk Creek district. Apex's 2025 work will include re-logging of drillholes and the selection of samples for multi-element analysis. All samples will be analyzed by Actlabs using modern Fusion ICP-MS, ICP-OES and XRF. Initial results are expected during the first quarter of 2026.

Apex CEO, Sean Charland, states: "We are grateful to the Conservation and Survey Division, School of Natural Resources, University of Nebraska-Lincoln for ensuring the preservation of the historical Molycorp material. Having access to this material is a tremendous resource to draw from and our 2025 re-logging and re-sampling program initiative at Rift will provide a modern analytical foundation for understanding the scale and grade potential of the system."

The results of this work will support Apex's ongoing geological interpretation and modelling of the Rift carbonatite system, which is host to significant rare earth element ("REE") and niobium mineralization. The Rift Project covers a series of carbonatite and related intrusive rocks which form part of the broader Elk Creek district, a region known to contain high-grade REE and niobium mineralization at depth.

Historical drilling by Molycorp identified multiple zones of REE- and niobium-bearing carbonatite within the boundaries of Apex's current holdings at Elk Creek though these results pre-date NI 43-101 and are therefore non-compliant with current reporting standards. Apex is not treating the historical results or estimates as current mineral resources or reserves.

Qualified Person

The technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo., Geologist for Dahrouge Geological Consulting Ltd. and a Qualified Person under NI 43-101 on standards of disclosure for mineral projects.

The results discussed in this document are considered historical. An Apex Critical Metals Corp. qualified person has not performed sufficient work or data verification to validate these historical results in accordance with NI 43-101, and therefore results should not be relied upon until such time that the Company has carried out its own sampling, drilling and modern analysis.

About Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9)

Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada. The Company's flagship Rift Project, located within the highly prospective Elk Creek Carbonatite Complex in Nebraska, U.S.A., hosts extensive rare earth rights surrounding one of North America's most advanced niobium-REE deposits. Historical drilling across the complex has reported broad intervals of high-grade REE mineralization, including intercepts such as 155.5 m of 2.70% REO and 68.2 m of 3.32% REO.

In Canada, Apex continues to advance its 100%-owned Cap Project, located 85 kilometres northeast of Prince George, British Columbia. The 2025 drill program confirmed a significant niobium discovery with 0.59% Nb₂O₅ over 36 metres, including 1.08% Nb₂O₅ over 10 metres, within a 1.8-kilometre-long niobium trend. The Cap Project continues to demonstrate strong potential for niobium mineralization within a large and previously unrecognized carbonatite system.

With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and to sign up for free news alerts please go to https://apexcriticalmetals.com/news/news-alerts/, or follow us on X (formerly Twitter), Facebook or LinkedIn.

On Behalf of the Board of Directors

APEX CRITICAL METALS CORP.,

Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include (without limitation) statements with respect to the planned re-logging and re-sampling of certain historical drill cores and when the Company expects to receive results from such activities, , the potential benefits of undertaking a re-analysis of the historical drill cores, and statements regarding the Company's Canadian and US-based prospective assets more particularly described above.. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: the Company's properties are at an early stage of development and no current mineral resources or reserves have been identified by the Company thereof, that we may not be able to fully finance any additional exploration on the Company's properties; that even if we are able to raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements herein are made as of the date hereof, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Apex Critical Metals Corp.

View the original press release on ACCESS Newswire

MILAN, September 09, 2025–(BUSINESS WIRE)–Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) has announced at the Gastech Conference today that it has launched a next-generation submerged ammonia pump designed to be the safest and most reliable in the industry.

Ammonia is already a key component in fertilizers and increasingly being used as a clean hydrogen carrier. As demand for handling ammonia has also grown in sectors like power generation, chemical plants, shipping fleets and export terminals, Nikkiso CE&IG has responded with a first-of-its-kind solution designed to eliminate common maintenance burdens for operators thanks to its seal-less, maintenance-friendly, copper-free construction and integrated motor-pump system.

The pump is capable of delivering more than 2,500m3 per hour and has an industry-leading maintenance record – specifically-designed parts mean the pump lasts significantly longer before any maintenance requirements, with a mean time between outages topping 16,000 hours.

Emile Bado, President of Nikkiso CE&IG’s Pumps division, said: "Demand for ammonia across a range of applications is growing thanks to its importance as an alternative clean fuel, its role in agriculture and as a carrier for hydrogen. In response to customer demand, we are delighted to launch a pump which addresses the most common issues operators face.

"We have a proud record of innovation at Nikkiso CE&IG, and the work that has gone into producing this pump is no different – as a result, it leads the industry in safety, reliability, maintenance and performance."

The launch of the pump builds on a track record of expertise and innovation both at Nikkiso CE&IG and its parent company, Nikkiso Co, in serving the ammonia market across a range of applications. Nikkiso CE&IG has four decades of experience in building submersible motor pumps for ammonia service and recently secured approval in principle for a new ammonia fuel supply system, alongside its existing and proven range of purpose-built ambient and electric heat exchangers for ammonia. Nikkiso Co’s Industrial division has also built more than 7,000 canned motor pumps for use in ammonia handling, and plans to launch a liquid ammonia pump for thermal power generation next year.

Notes to Editors

Eric Sensat, Product Manager – Submerged Motor Pumps at Nikkiso CE&IG, will be presenting the new submerged ammonia pump at Nikkiso CE&IG’s booth (J14) at 10.30am and 1.30pm on Wednesday, September 10, 2025.

About Nikkiso Clean Energy & Industrial Gases Group

The Nikkiso Clean Energy & Industrial Gases Group is a leading provider of cryogenic equipment and solutions around the world, meeting the changing market demand for lower-carbon energy and industrial gases with innovative products and collaborative solutions. We fuel the future of the energy, transportation, marine, aerospace and industrial gas markets.

The Group employs more than 1,800 people in 12 countries and is headed by Cryogenic Industries, Inc., which is a wholly owned subsidiary of Nikkiso Co., Ltd. (TSE: 6376).

To learn more about Nikkiso CE&IG Group visit NikkisoCEIG.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250908128086/en/

Contacts

Media Ross DavidsonDirector of External Communications+44 (0)7946 930741Ross.davidson@nikkisoceig.com pr@nikkisoceig.com

BHP Group Limited

MELBOURNE, Australia, Sept. 09, 2025 (GLOBE NEWSWIRE) — BHP Xplor, the nine-month accelerator program aimed at transforming the discovery of critical minerals, has officially opened applications for the 2026 cohort.

Following the success of the 2023, 2024, and 2025 cohorts, BHP Xplor invites early-stage explorers to apply for its next intake. The program is looking for ambitious teams and individuals dedicated to uncovering new sources of critical minerals essential for a sustainable future.

The BHP Xplor program is designed to accelerate participants' exploration opportunities while fostering long-term connections with BHP. Participants benefit from up to USD $500,000 in equity-free funding, expert mentorship, and access to BHP’s global network of suppliers and service providers.

Tim O’Connor, BHP’s Group Exploration Officer, said: “Xplor has quickly become a recognised pathway for early-stage explorers who want to scale faster and think more boldly. The program provides not only capital, but access to the knowledge, networks, and technical depth that can fundamentally change the trajectory of a company. As the world’s demand for critical minerals intensifies, building strong partnerships between majors and juniors will be essential. Xplor is about more than accelerating exploration projects, it’s about shaping a new way of working together to unlock the resources needed for the future.”

Additionally, the 2026 cohort will join BHP Xplor’s growing alumni network, now spanning 21 companies, to continue sharing insights and learnings as they progress on their journey.

Elena Clarici, CEO of Electrum Discovery and current BHP Xplor participant, said: “Being part of BHP Xplor has been invaluable. The program has given us access to expertise and resources that have helped sharpen our strategy and move our projects forward more quickly. It has also opened doors to networks and opportunities that would have been much harder to access on our own. Xplor is already making a real difference in how we grow as a company.”

For BHP, Xplor provides an opportunity to engage with a diverse pipeline of exploration projects across new geographies and geological concepts, supporting the company’s long-term growth ambitions.

Applications for the BHP Xplor 2026 cohort are open from 8 September to 15 October 2025.

For more information: https://www.bhp.com/xplor

Georgina Gabelich: Media.relations@bhp.com

Toronto, Ontario–(Newsfile Corp. – September 8, 2025) – Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") reports that a forest fire occurred last week in the vicinity of the Company's Nechalacho property, located at Thor Lake in the Northwest Territories, Canada. Avalon is working closely with local partners to monitor conditions and investigate the situation. The Company is coordinating with Vital Metals on situational updates. The Company will provide a market update if there is any material impact to timelines or costs once a full risk assessment has been conducted.

"The safety of our people and communities is our first priority," said Scott Monteith, President and CEO. "We will provide further updates as our assessment advances and material information becomes available."

About Avalon Advanced Materials Inc.

Avalon Advanced Materials Inc. is a Canadian critical minerals company advancing the supply of materials essential for Canada's future. The Company is focused on developing strategic assets that support secure, domestic supply chains and long-term economic growth. Avalon is focused on vertically integrating the Ontario lithium supply chain through the development of Lake Superior Lithium Inc., Ontario's first midstream lithium hydroxide processing facility, located in Thunder Bay. This facility will serve as a vital link between northern Ontario's lithium resources and the growing EV battery manufacturing base in southern Ontario and North America. Through a joint venture with SCR-Sibelco NV, Avalon is advancing the Separation Rapids Lithium Project near Kenora, Ontario, as well as continuing exploration at its Snowbank lithium and Lilypad lithium-cesium deposits. The Company is also advancing the Nechalacho Rare Earths and Zirconium Project in the Northwest Territories. This deposit contains all light and heavy rare earth elements, as well as yttrium, zirconium, tantalum, and niobium-critical minerals used in advanced technologies across the communications, defense, clean tech, and energy sectors.

For further information regarding Avalon Advanced Materials Inc., please visit www.avalonadvancedmaterials.com, email ir@avalonam.com, or call 416-364-4938.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "add" or "additional", "advancing", "anticipates" or "does not anticipate", "appears", "believes", "can be", "conceptual", "confidence", "continue", "convert" or "conversion", "deliver", "demonstrating", "estimates", "encouraging", "expand" or "expanding" or "expansion", "expect" or "expectations", "forecasts", "forward", "goal", "improves", "increase", "intends", "justification", "plans", "potential" or "potentially", "promise", "prospective", "prioritize", "reflects", "robust", "scheduled", "suggesting", "support", "top-tier", "updating", "upside", "will be" or "will consider", "work towards", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved".

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks associated with mineral exploration and development operations such as: environmental hazards and economic factors as they affect the cost and success of the Company's capital expenditures, the ability of the Company to obtain required permits and approvals, the ability of the Company to obtain financing, uncertainty in the estimation of mineral resources, uncertainty with respect to the ability to successfully construct and develop the Company's lithium processing facility, the price of lithium, no operating history, no operating revenue and negative cash flow, land title risk, the market price of the Company's securities, the economic feasibility of the Company's mineral resources and the Company's commercial viability, inflation and uncertain global economic conditions, uncertain geo-political shifts and risks, successful collaboration with indigenous communities, changes in technology and advancements in innovation may impact the development of the Company's technology innovation centre and its lithium hydroxide processing facility, future pandemics and other health crises, dependence on management and other highly skilled personnel, title to the Company's mineral properties, the ongoing war in Ukraine and Israel, extensive government and environmental regulation, reliance on artificial intelligence technology to influence mining operations, volatility in the financial markets, uninsured risks, climate change, threat of legal proceedings, as well as those risk factors discussed or referred to in the annual information form of the Company dated November 28, 2024 (the "AIF") under the heading "Description of the Business – Risk Factors". Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Although the Company believes that the assumptions and expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because the Company can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions identified in the AIF, assumptions have been made regarding, among other things: management of certain of the Company's assets by other companies or joint venture partners, the Company's ability to carry on its exploration and development activities without undue delays or unbudgeted costs, the ability of the Company to obtain sufficient qualified personnel, equipment and services in a timely and cost effective manner, the ability of the Company to operate in a safe, efficient and effective manner, the ability of the Company to obtain all necessary financing on acceptable terms and when needed, the accuracy of the Company's resource estimates and geological, operational and price assumptions on which these are based and the continuance of the regulatory framework regarding environmental manners. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions that may have been used. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265472

DENVER, CO / ACCESS Newswire / September 4, 2025 / Solitario Resources Corp. ("Solitario") (NYSE American:XPL)(TSX:SLR) is pleased to report CEO Chris Herald will provide a live presentation at the 27th Annual Global HC Wainwright conference on Tuesday, September 9, 2025, at 2:00 pm Eastern Time. In addition to a strategic overview of Solitario, Mr. Herald plans to give a more detailed overview of the company's drilling program at its Golden Crest gold project in South Dakota. Mr. Herald will be available for one-on-one investor meetings at the conference.

For more information on the conference, please click HC Wainwright.

About Solitario

Solitario is a natural resource exploration company focused on high-quality Tier-1 gold and zinc projects. Solitario's 100%-owned Golden Crest properties in South Dakota constitute strategic land holdings along the western and southwestern extensions of the Homestake-Wharf mining district that has produced approximately 52 million ounces of gold. The project area is located in a safe jurisdiction with highly developed infrastructure, an unbroken 150-year record of continuous gold mining, a skilled mining workforce, and a history of high-grade, underground mineable gold deposits.

The Company is traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). In addition to its South Dakota property holdings, Solitario holds a 50% joint venture interest (Teck Resources 50%) in the high-grade Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario is carried to production through its joint venture arrangement with Nexa. Solitario's Management and Directors hold approximately 8.4% (excluding options) and Newmont Corporation owns 9.4% of the Company's 90.3 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$8.0 million. Additional information about Solitario is available online at www.solitarioresources.com.

For More Information Please Contact:

Chris Herald, President & CEO: 303-534-1030; ext. 1

SOURCE: Solitario Resources Corp.

View the original press release on ACCESS Newswire

The Australian market has shown resilience, with the index climbing back over 8,800 points amid positive sentiment from tech investors and robust consumer spending data. While financials and IT sectors lead the charge, energy lags behind; this dynamic environment presents an opportunity to explore promising small-cap stocks that may thrive under these conditions. Identifying a good stock often involves looking for companies with strong growth potential or unique advantages in their sector, especially as market sentiment shifts and economic indicators fluctuate.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Sugar Terminals	NA	3.78%	4.30%	★★★★★★
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Joyce	NA	9.93%	17.54%	★★★★★★
Spheria Emerging Companies	NA	-1.31%	0.28%	★★★★★★
Hearts and Minds Investments	NA	56.27%	59.19%	★★★★★★
Red Hill Minerals	NA	95.16%	40.06%	★★★★★★
Djerriwarrh Investments	2.39%	8.18%	7.91%	★★★★★★
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Peet	53.46%	12.70%	31.21%	★★★★☆☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 54 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Let’s uncover some gems from our specialized screener.

Australian Ethical Investment

Simply Wall St Value Rating: ★★★★★★

Overview: Australian Ethical Investment Ltd is a publicly owned investment manager with a market cap of A$807.55 million, focusing on ethical and sustainable investment strategies.

Operations: Australian Ethical Investment generates revenue primarily through its funds management segment, reporting A$119.38 million in revenue.

Australian Ethical Investment, a notable player in the ethical investment space, has demonstrated impressive growth. Over the past year, earnings soared by 75%, significantly outpacing the Capital Markets industry average of 5.8%. The company reported net income of A$20.2 million for the fiscal year ending June 2025, up from A$11.53 million previously. With no debt on its books and positive free cash flow standing at A$24 million as of September 2024, it appears well-positioned financially. Despite a recent dividend increase to A$0.09 per share, potential risks include integration challenges and increased operating expenses impacting future margins.

• The integration of Altius Asset Management boosts Australian Ethical Investment’s growth potential. Click here to explore the full narrative on this company’s strategic developments.

ASX:AEF Debt to Equity as at Sep 2025Helia Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Helia Group Limited operates in the loan mortgage insurance industry primarily in Australia and has a market cap of A$1.56 billion.

Operations: Helia Group Limited generates revenue of A$559.63 million from its loan mortgage insurance business in Australia.

Helia Group, a notable player in the Australian financial landscape, faces headwinds with significant client losses and policy shifts. The exit of major clients like Commonwealth Bank signals potential revenue volatility, while the government’s Home Guarantee Scheme could limit premium growth. Despite these challenges, Helia’s earnings grew 19% last year, outpacing the industry’s -3%. However, its debt to equity ratio rose from 14% to 19% over five years. Recent executive changes include CFO Michael Cant stepping in as interim CEO. With a share price at A$5.93 against a target of A$3.87, market sentiment remains cautious amid forecasted revenue declines.

• Helia Group faces revenue volatility due to client loss and policy changes. Click here to explore the full narrative on Helia Group’s strategic challenges and market position.

ASX:HLI Debt to Equity as at Sep 2025Ricegrowers

Simply Wall St Value Rating: ★★★★★☆

Overview: Ricegrowers Limited is a rice food company with operations spanning Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America; it has a market capitalization of approximately A$1.01 billion.

Operations: Ricegrowers Limited generates revenue primarily from its International Rice segment, contributing A$860.96 million, and the Rice Pool segment with A$481.87 million. The Cop Rice and Riviana segments add A$250.64 million and A$231.14 million, respectively, while the Rice Food segment brings in A$132.53 million.

Ricegrowers, a dynamic player in the food industry, is leveraging its position through strategic international expansions and product diversification. With earnings growing at 23% annually over five years and trading 47% below estimated fair value, the company seems undervalued. Its net debt to equity ratio of 31% is satisfactory, ensuring financial stability while covering interest payments effectively with a 6.8x EBIT coverage. Despite facing competition and operational hurdles like yield fluctuations and cost inflation, Ricegrowers’ focus on agritech investments aims to boost efficiency and quality. The stock’s current trading price of A$14.16 aligns closely with analysts’ target of A$14.00.

• Ricegrowers is enhancing revenue through high-margin branded sales and global market expansion. Click here to explore the full narrative on Ricegrowers’ strategic growth initiatives.

ASX:SGLLV Earnings and Revenue Growth as at Sep 2025Where To Now?

• Navigate through the entire inventory of 54 ASX Undiscovered Gems With Strong Fundamentals here.

• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.

• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Contemplating Other Strategies?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:AEF ASX:HLI and ASX:SGLLV.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Following the solid earnings report from Impala Platinum Holdings Limited (JSE:IMP), the market responded by bidding up the stock price. While the profit numbers were good, our analysis has found some concerning factors that shareholders should be aware of.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

JSE:IMP Earnings and Revenue History September 4th 2025The Impact Of Unusual Items On Profit

To properly understand Impala Platinum Holdings' profit results, we need to consider the R219m gain attributed to unusual items. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is).

That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.

Our Take On Impala Platinum Holdings' Profit Performance

We'd posit that Impala Platinum Holdings' statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Therefore, it seems possible to us that Impala Platinum Holdings' true underlying earnings power is actually less than its statutory profit. The good news is that it earned a profit in the last twelve months, despite its previous loss. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. So while earnings quality is important, it's equally important to consider the risks facing Impala Platinum Holdings at this point in time. For example – Impala Platinum Holdings has 1 warning sign we think you should be aware of.

Today we've zoomed in on a single data point to better understand the nature of Impala Platinum Holdings' profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

As the Canadian economy navigates a period of contraction, with GDP shrinking by 1.6% in the second quarter, market participants are closely watching for potential easing from the Bank of Canada. In this context, penny stocks—though often seen as relics from past market eras—remain relevant due to their affordability and growth potential, especially when backed by strong financials. For investors seeking opportunities in smaller or newer companies, these stocks can offer a unique combination of value and growth that larger firms may not always provide.

Top 10 Penny Stocks In Canada

Name	Share Price	Market Cap	Financial Health Rating
Westbridge Renewable Energy (TSXV:WEB)	CA$2.20	CA$55.63M	★★★★★★
Canso Select Opportunities (TSXV:CSOC.A)	CA$4.80	CA$22.05M	★★★★★★
Montero Mining and Exploration (TSXV:MON)	CA$0.29	CA$2.34M	★★★★★★
CEMATRIX (TSX:CEMX)	CA$0.295	CA$45.81M	★★★★★★
Thor Explorations (TSXV:THX)	CA$1.20	CA$765.09M	★★★★★★
Automotive Finco (TSXV:AFCC.H)	CA$1.01	CA$20.02M	★★★★★★
Amerigo Resources (TSX:ARG)	CA$2.26	CA$361.74M	★★★★★☆
Pulse Seismic (TSX:PSD)	CA$4.05	CA$207.08M	★★★★★★
Hemisphere Energy (TSXV:HME)	CA$1.95	CA$187.48M	★★★★★★
Matachewan Consolidated Mines (TSXV:MCM.A)	CA$0.455	CA$5.35M	★★★★★★

Click here to see the full list of 408 stocks from our TSX Penny Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Pulse Seismic

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Pulse Seismic Inc. acquires, markets, and licenses 2D and 3D seismic data for the energy sector in Canada, with a market cap of CA$207.08 million.

Operations: The company generates revenue from its Oil Well Equipment & Services segment, amounting to CA$49.38 million.

Market Cap: CA$207.08M

Pulse Seismic Inc. has demonstrated significant financial growth, with earnings increasing by 75.4% over the past year, surpassing its five-year average of 33.3%. The company is debt-free and boasts a strong return on equity at 76.5%, highlighting operational efficiency. Its net profit margins have improved to 45.2%, reflecting high-quality earnings. Despite an unstable dividend history, recent announcements include a regular quarterly and special dividend totaling CA$11 million, signaling shareholder returns focus. Furthermore, Pulse’s management and board are experienced, contributing to its strategic stability in the volatile energy sector market landscape.

• Click here and access our complete financial health analysis report to understand the dynamics of Pulse Seismic.

• Gain insights into Pulse Seismic’s past trends and performance with our report on the company’s historical track record.

TSX:PSD Financial Position Analysis as at Sep 2025Commerce Resources

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Commerce Resources Corp. focuses on acquiring, exploring, developing, and evaluating mineral resource properties in Canada with a market cap of CA$20.14 million.

Operations: Commerce Resources Corp. does not report any specific revenue segments.

Market Cap: CA$20.14M

Commerce Resources Corp. is a pre-revenue company with a market cap of CA$20.14 million, focusing on mineral resource properties in Canada. The company has experienced leadership changes, appointing Nicholas Holthouse as CEO and Joel Ives as CFO to strengthen its strategic direction amidst ongoing losses, which increased to CA$1.17 million for the recent quarter compared to the previous year. Despite having no debt and relocating its head office to Montreal for better project development, Commerce faces challenges with short-term liabilities exceeding assets and limited cash runway, though it recently raised additional capital for operational needs.

• Take a closer look at Commerce Resources’ potential here in our financial health report.

• Gain insights into Commerce Resources’ historical outcomes by reviewing our past performance report.

TSXV:CCE Financial Position Analysis as at Sep 2025Pivotree

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Pivotree Inc. designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers worldwide, with a market cap of CA$47.53 million.

Operations: Pivotree’s revenue is primarily derived from Professional Services, which account for CA$42.16 million, and Managed & IP Solutions (MIPS) & Legacy Managed Services (LMS), contributing CA$31.33 million.

Market Cap: CA$47.53M

Pivotree Inc., with a market cap of CA$47.53 million, showcases a mixed financial picture typical of many penny stocks. Despite being unprofitable, it maintains a strong cash runway exceeding three years and is debt-free, which provides some stability. The company’s revenue streams from Professional Services (CA$42.16 million) and Managed & IP Solutions (CA$31.33 million) are noteworthy, though recent earnings reports indicate declining sales but improved net income compared to the previous year. Additionally, Pivotree has initiated a share buyback program funded by its working capital to potentially enhance shareholder value amidst volatile market conditions.

• Click here to discover the nuances of Pivotree with our detailed analytical financial health report.

• Assess Pivotree’s future earnings estimates with our detailed growth reports.

TSXV:PVT Revenue & Expenses Breakdown as at Sep 2025Make It Happen

• Click here to access our complete index of 408 TSX Penny Stocks.

• Ready For A Different Approach? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TSX:PSD TSXV:CCE and TSXV:PVT.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

As the Australian market takes a breather following a year of record highs, investors are navigating a landscape marked by mixed sector performances and cautious sentiment. In this environment, identifying stocks with strong potential often involves looking beyond immediate market trends to find companies that demonstrate resilience and innovation, such as Carlton Investments and two other promising small-cap contenders.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Sugar Terminals	NA	3.78%	4.30%	★★★★★★
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Joyce	NA	9.93%	17.54%	★★★★★★
Spheria Emerging Companies	NA	-1.31%	0.28%	★★★★★★
Hearts and Minds Investments	NA	56.27%	59.19%	★★★★★★
Red Hill Minerals	NA	95.16%	40.06%	★★★★★★
Djerriwarrh Investments	2.39%	8.18%	7.91%	★★★★★★
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Peet	53.46%	12.70%	31.21%	★★★★☆☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 53 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

Carlton Investments

Simply Wall St Value Rating: ★★★★★☆

Overview: Carlton Investments Limited is a publicly owned asset management holding company with a market capitalization of A$947.27 million.

Operations: Carlton Investments generates revenue primarily from the acquisition and long-term holding of shares and units, amounting to A$41.60 million. The company’s net profit margin is a key financial metric to consider in evaluating its profitability.

Carlton Investments, a smaller player in the Australian market, showcases a solid financial standing with earnings growing at 8.7% annually over the past five years. The company boasts high-quality earnings and minimal debt concerns, as its debt-to-equity ratio has improved from 0.03% to 0.02%. Recent announcements reveal steady revenue of A$41.6 million and net income of A$38.81 million for the year ending June 2025, with basic EPS slightly up at A$1.468 from last year’s A$1.465. Additionally, Carlton’s interest payments are well-covered by EBIT at an impressive coverage ratio of 3390x.

• Take a closer look at Carlton Investments’ potential here in our health report.

• Gain insights into Carlton Investments’ past trends and performance with our Past report.

ASX:CIN Debt to Equity as at Sep 2025GenusPlus Group

Simply Wall St Value Rating: ★★★★★★

Overview: GenusPlus Group Ltd specializes in the installation, construction, and maintenance of power and communication systems in Australia with a market capitalization of A$918.05 million.

Operations: GenusPlus Group Ltd generates revenue through three primary segments: Services (A$122.11 million), Infrastructure (A$405.10 million), and Energy & Engineering (A$224.06 million). The Infrastructure segment contributes the largest portion to the company’s revenue stream.

GenusPlus Group, a dynamic player in Australia’s power and communication systems sector, showcases promising growth potential through strategic acquisitions like CommTel. Recent financials reveal sales of A$751.27 million for the year ending June 2025, up from A$551.19 million previously, with net income climbing to A$35.37 million from A$19.26 million last year. Earnings per share improved to A$0.1975 from A$0.1084, indicating robust performance amidst expansion efforts and a focus on high-margin services integration. While challenges such as resource management and acquisition costs loom, analysts forecast continued revenue growth at 20% annually over the next few years.

• GenusPlus Group’s strategic acquisitions and robust order backlog drive growth potential. Click here to explore the full narrative on GenusPlus Group.

ASX:GNP Debt to Equity as at Sep 2025United Overseas Australia

Simply Wall St Value Rating: ★★★★★☆

Overview: United Overseas Australia Ltd, along with its subsidiaries, focuses on the development and resale of land and buildings across Malaysia, Singapore, Vietnam, and Australia with a market capitalization of A$1.07 billion.

Operations: United Overseas Australia’s primary revenue stream is derived from land development and resale, generating A$438.18 million, while its investment segment contributes A$257.51 million.

United Overseas Australia, a notable player in the real estate sector, showcases a P/E ratio of 10.5x, which is favorable compared to the broader Australian market’s 20x. The company has reported net income of A$44.61 million for the half-year ending June 2025, up from A$33.92 million previously, reflecting solid earnings growth of 1.7% annually over five years. Despite a debt-to-equity increase from 5.5% to 8.8%, UOS maintains more cash than its total debt and continues to generate positive free cash flow at A$99.63 million as of June 2025, indicating robust financial health and potential for future stability amidst industry challenges.

• Click here and access our complete health analysis report to understand the dynamics of United Overseas Australia.

• Evaluate United Overseas Australia’s historical performance by accessing our past performance report.

ASX:UOS Earnings and Revenue Growth as at Sep 2025Seize The Opportunity

• Investigate our full lineup of 53 ASX Undiscovered Gems With Strong Fundamentals right here.

• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.

• Discover a world of investment opportunities with Simply Wall St’s free app and access unparalleled stock analysis across all markets.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:CIN ASX:GNP and ASX:UOS.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

As the Australian market navigates a sea of mixed signals, with futures looking uncertain amidst a backdrop of robust U.S. economic growth and fluctuating commodity prices, investors are keenly evaluating the latest earnings reports to gauge potential opportunities. In this dynamic environment, identifying promising small-cap stocks requires a focus on companies with strong fundamentals that can adapt to both local and global economic shifts.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Sugar Terminals	NA	3.78%	4.30%	★★★★★★
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Spheria Emerging Companies	NA	-1.31%	0.28%	★★★★★★
Euroz Hartleys Group	NA	1.82%	-25.32%	★★★★★★
Hearts and Minds Investments	NA	56.27%	59.19%	★★★★★★
Red Hill Minerals	NA	95.16%	40.06%	★★★★★★
Djerriwarrh Investments	2.39%	8.18%	7.91%	★★★★★★
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Peet	53.46%	12.70%	31.21%	★★★★☆☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 53 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

Djerriwarrh Investments

Simply Wall St Value Rating: ★★★★★★

Overview: Djerriwarrh Investments Limited is a publicly owned investment manager with a market cap of A$828.26 million.

Operations: Djerriwarrh Investments generates revenue primarily through its portfolio of investments, amounting to A$53.07 million.

Djerriwarrh Investments, a notable player in Australia’s financial landscape, showcases robust fundamentals. Over the past five years, its earnings have grown by 7.9% annually, supported by a reduced debt-to-equity ratio from 12.3% to 2.4%. The company has high-quality earnings and maintains a price-to-earnings ratio of 21.1x, undercutting the industry average of 22.5x. Recent financials reveal net income at A$39.18 million for fiscal year ending June 2025 with basic EPS slightly up at A$0.1487 from A$0.1485 last year, reflecting stability amidst modest revenue changes to A$53 million from A$53.38 million prior year.

• Click to explore a detailed breakdown of our findings in Djerriwarrh Investments’ health report.

• Gain insights into Djerriwarrh Investments’ past trends and performance with our Past report.

ASX:DJW Debt to Equity as at Aug 2025Lycopodium

Simply Wall St Value Rating: ★★★★★☆

Overview: Lycopodium Limited is an Australian company offering engineering and project delivery services across the resources, rail infrastructure, and industrial processes sectors, with a market capitalization of A$462.32 million.

Operations: Lycopodium’s primary revenue stream is from the resources sector, generating A$342.76 million, with additional contributions from rail infrastructure and process industries at A$11.03 million and A$10.08 million respectively.

Lycopodium, a nimble player in the engineering sector, trades at 60.7% below its estimated fair value, hinting at potential upside. Despite high-quality earnings and positive free cash flow of A$30.77 million as of September 2024, recent performance saw a dip with net income dropping to A$42.22 million from A$50.71 million the previous year. The debt-to-equity ratio has risen to 1% over five years but remains manageable given their cash position surpasses total debt levels. While revenue is forecasted to grow by 8.12% annually, significant insider selling recently might raise some eyebrows among investors considering its future prospects.

• Dive into the specifics of Lycopodium here with our thorough health report.

• Review our historical performance report to gain insights into Lycopodium’s’s past performance.

ASX:LYL Debt to Equity as at Aug 2025Omni Bridgeway

Simply Wall St Value Rating: ★★★★★☆

Overview: Omni Bridgeway Limited, along with its subsidiaries, offers dispute and litigation finance services across various global regions including Australia, the United States, Canada, Latin America, Asia, New Zealand, Europe, the Middle East, and Africa; it has a market capitalization of A$465.82 million.

Operations: Omni Bridgeway generates revenue primarily from funding and providing services related to legal dispute resolution, amounting to A$770.40 million. The company’s net profit margin is a key financial metric to consider when analyzing its profitability.

Omni Bridgeway, a notable player in the financial sector, has shown impressive growth with net income soaring to A$349.8 million from a loss of A$87.52 million last year. Its revenue jumped significantly to A$651.22 million from A$184.59 million, highlighting robust performance despite sales dropping to A$54.99 million from A$71.05 million previously. The company has reduced its debt-to-equity ratio dramatically over five years, now standing at 2.3% compared to 18.7%. With a price-to-earnings ratio of 1.3x against the market’s 19.6x and more cash than total debt, Omni Bridgeway appears well-positioned in its industry despite forecasts suggesting earnings might decline by an average of 148% annually over the next three years while revenue is expected to grow by nearly 24% per year.

• Click here and access our complete health analysis report to understand the dynamics of Omni Bridgeway.

• Examine Omni Bridgeway’s past performance report to understand how it has performed in the past.

ASX:OBL Earnings and Revenue Growth as at Aug 2025Next Steps

• Click this link to deep-dive into the 53 companies within our ASX Undiscovered Gems With Strong Fundamentals screener.

• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.

• Join a community of smart investors by using Simply Wall St. It’s free and delivers expert-level analysis on worldwide markets.

Ready For A Different Approach?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:DJW ASX:LYL and ASX:OBL.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

A month has gone by since the last earnings report for FMC (FMC). Shares have added about 0.7% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is FMC due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for FMC Corporation before we dive into how investors and analysts have reacted as of late.

FMC's Earnings Surpass Estimates in Q2 on Higher Volumes

FMC reported earnings of 53 cents per share for second-quarter 2025, down from $2.35 in the year-ago quarter.Barring one-time items, adjusted earnings per share were 69 cents, beating the Zacks Consensus Estimate of 59 cents.Revenues were roughly $1.05 billion in the quarter, up around 1.2% from the year-ago quarter’s levels. The top line surpassed the Zacks Consensus Estimate of $965.4 million.Second-quarter revenues increased primarily due to a 6% rise in volume, as customers in most countries seemed to have reached their desired inventory levels for FMC products. Prices fell 3%, with more than half of the decline linked to price reductions in specific "cost-plus" contracts with certain diamide partners, reflecting lower manufacturing costs. Foreign exchange rates negatively impacted results by 1%. Sales from the company’s growth portfolio rose by a high single-digit percentage, while sales from the core portfolio remained largely unchanged.

Regional Sales Performance

In North America, sales declined 5% year over year to $321 million in the quarter. Sales in North America decreased, as strong growth in branded products in the United States was outweighed by reduced volumes in Canada due to anticipated inventory destocking. It topped the consensus estimate of $294.1 million.Latin American sales saw a 1% year-over-year increase to $310 million in the reported quarter. Sales in Latin America benefited from the strong growth of the new active ingredients, fluindapyr and Isoflex active. It beat the consensus estimate of $296.1 million.In Asia, revenues declined 17% from the previous year to $159 million. Sales in Asia declined due to lower pricing as well as reduced volume driven by ongoing destocking activity in India. It missed the consensus estimate of $163.7 million.EMEA experienced a 29% year-over-year sales increase to $260 million in the reported quarter. The growth was fueled by significant volume increases, especially in herbicides, products from diamide partners and branded Cyazypyr offerings. The Plant Health segment also expanded, supported by growth in biological products. It beat the consensus estimate of $223.6 million.

Financials

The company had cash and cash equivalents of $438.2 million at the end of the quarter. Long-term debt was roughly $3.27 billion.

Guidance

FMC expects full-year revenues (excluding India) to range between $4.08 billion and $4.28 billion, implying a 2% decline at the midpoint compared to 2024. Adjusted EBITDA is forecasted between $870 million and $950 million, indicating 1% growth at the midpoint. Adjusted earnings per share (EPS) are projected to be $3.26 to $3.70, indicating a year-over-year no change at the midpoint.

How Have Estimates Been Moving Since Then?

In the past month, investors have witnessed a upward trend in fresh estimates.

VGM Scores

Currently, FMC has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. Charting a somewhat similar path, the stock has a grade of B on the value side, putting it in the top 40% for value investors.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, FMC has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

FMC Corporation (FMC) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

TORONTO, Aug. 29, 2025 /CNW/ – Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), ("Bravo" or the "Company") announces that it is restating its consolidated financial statements for the year ended December 31, 2024 and 2023 (the "Restated FS"), along with a corresponding restated management's discussion and analysis (the "Restated MD&A"), to reflect non-cash accounting adjustments identified during the preparation of its second-quarter 2025 financial review and after questions identified during an Ontario Securities Commission staff review. All amounts are in United States Dollars (USD) unless stated otherwise.

The Company identified that Bravo Mineração Ltda.'s ("Bravo Mineração") (which has a functional currency of Brazilian Reals (BRL)) non-monetary assets in Brazil were not correctly translated from Bravo Mineração's functional currency to the Company's presentation currency (USD) at the closing rate as of the date of the respective consolidated financial statements, as required by IAS 21, "The effects of changes in foreign exchange rates". The correction of the translation differences resulted in corrections to the exploration and evaluation assets; property, plant and equipment; and accumulated other comprehensive income (loss) (and associated subtotals and totals) on the consolidated statements of financial position and exchange differences on translating foreign operations and comprehensive loss for the year on the consolidated statements of loss and comprehensive loss. These differences did not impact the Company's monetary assets and liabilities, net loss for the year, net loss per share or the consolidated statements of cash flows.

The restatement reflects a technical correction with no effect on the Corporation's financial health or performance.

Impact on 2024 Financial Results:

The following table summarizes the line items impacted in the Consolidated Statement of Financial position and Consolidated Statements of Loss and Comprehensive Loss:

Consolidated Statement of Financial position	December 31,2024			December 31,2023
	Previously reported	Adjustments	AsRestated	Previously reported	Adjustments	AsRestated
Exploration and evaluation assets	$  31,536,483	(4,552,522)	26,983,961	22,786,359	882,998	23,669,357
Property, plant and equipment	1,728,555	(338,938)	1,389,617	1,465,376	34,219	1,499,595
Total assets	57,355,502	(4,891,460)	52,464,042	56,847,470	917,217	57,764,687
Accumulated other comprehensive loss	(16,647)	(4,891,460)	(4,908,107)	(25,433)	917,217	891,784
Total shareholders' equity	56,205,560	(4,891,460)	51,314,100	55,201,607	917,217	56,118,824
Total liabilities and shareholders' equity	$  57,355,502	(4,891,460)	52,464,042	56,847,470	917,217	57,764,687

 

Consolidated Statements of Loss and Comprehensive Loss	Year endedDecember 31,2024			Year endedDecember 31,2023
	Previously reported	Adjustments	AsRestated	Previously reported	Adjustments	AsRestated
Exchange differences on translating foreign operations	$          8,786	(5,808,677)	(5,799,891)	(14,565)	917,217	902,652
Comprehensive loss for the year	$  (2,298,665)	(5,808,677)	(8,107,342)	(2,719,296)	917,217	(1,802,079)

 

Consolidated Statements of Changes in Shareholders' Equity	Year endedDecember 31,2024			Year endedDecember 31,2023
	Previously reported	Adjustments	AsRestated	Previously reported	Adjustments	AsRestated
Comprehensive loss for the year	$          8,786	(5,808,677)	(5,799,891)	(14,565)	917,217	902,652
Balance, December 31,	(16,647)	(4,891,460)	(4,908,107)	(25,433)	917,217	891,784
Total Shareholders' Equity	$ 56,205,560	(4,891,460)	51,314,100	55,201,607	917,217	56,118,824

Restatement and Disclosure

In accordance with IAS 8, "Accounting Policies, Changes in Accounting Estimates and Errors", Bravo filed the Restated FS and Restated MD&A under the Company's profile on SEDAR+ immediately prior to the filing of its Q2 2025 results. The Company notes that, given its more recent filing of its Q2 2025 results, it has elected not to restate the consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2025 (the "Q1 2025 Results") at this time. The Q1 2025 Results were impacted by the same non-cash foreign exchange accounting issue, and accordingly should not be relied upon.

About Bravo Mining Corp.

Bravo is a Canadian and Brazil-based mineral exploration and development company focused on advancing its Luanga palladium + platinum + rhodium + gold + nickel deposit ("Luanga PGM+Au+Ni deposit"), as well as our Cu-Au exploration opportunities in the world-class Carajás Mineral Province, Para State, Brazil.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE Bravo Mining Corp.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2025/29/c4363.html

Most readers would already be aware that Impala Platinum Holdings' (JSE:IMP) stock increased significantly by 22% over the past three months. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign about the company's financial health. Particularly, we will be paying attention to Impala Platinum Holdings' ROE today.

Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

How Do You Calculate Return On Equity?

ROE can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for Impala Platinum Holdings is:

0.7% = R707m ÷ R97b (Based on the trailing twelve months to June 2025).

The 'return' is the yearly profit. So, this means that for every ZAR1 of its shareholder's investments, the company generates a profit of ZAR0.01.

Check out our latest analysis for Impala Platinum Holdings

Why Is ROE Important For Earnings Growth?

So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.

Impala Platinum Holdings' Earnings Growth And 0.7% ROE

It is quite clear that Impala Platinum Holdings' ROE is rather low. Even when compared to the industry average of 6.4%, the ROE figure is pretty disappointing. Given the circumstances, the significant decline in net income by 53% seen by Impala Platinum Holdings over the last five years is not surprising. We believe that there also might be other aspects that are negatively influencing the company's earnings prospects. For instance, the company has a very high payout ratio, or is faced with competitive pressures.

However, when we compared Impala Platinum Holdings' growth with the industry we found that while the company's earnings have been shrinking, the industry has seen an earnings growth of 4.5% in the same period. This is quite worrisome.

JSE:IMP Past Earnings Growth August 29th 2025

Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. What is IMP worth today? The intrinsic value infographic in our free research report helps visualize whether IMP is currently mispriced by the market.

Is Impala Platinum Holdings Efficiently Re-investing Its Profits?

While the company did payout a portion of its dividend in the past, it currently doesn't pay a regular dividend. This implies that potentially all of its profits are being reinvested in the business.

Summary

Overall, we have mixed feelings about Impala Platinum Holdings. Even though it appears to be retaining most of its profits, given the low ROE, investors may not be benefitting from all that reinvestment after all. The low earnings growth suggests our theory correct. Having said that, looking at current analyst estimates, we found that the company's earnings growth rate is expected to see a huge improvement. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Toronto, Ontario–(Newsfile Corp. – August 28, 2025) – Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ("Minnova" or the "Company") announces that the proposed amendments to the Company's Omnibus Long-Term Incentive Plan (the "Plan") were approved by shareholders at the annual meeting of shareholders held on January 22, 2025, and which amendments were set out in the Company's management information circular for the meeting. Certain additional housekeeping and clerical amendments are currently being incorporated into the Plan, subject to approval from TSX Venture Exchange (the "Exchange"). Upon receipt of Exchange approval, a copy of the further amended Plan will be available on SEDAR+ under the Company's profile at www.sedarplus.ca.

PL Gold Mine: Poised for Advancement

The PL Gold Mine is an advanced-stage development project with significant existing infrastructure, including a 1,000 tonnes-per-day (tpd) processing plant, over 7,000 meters of underground ramp development, and a valid underground mining permit.

Planning for technical programs at the PL Gold Mine continues to advance with a focus on a revised mine development plan based on the full 1,000 tpd mill capacity, which prioritizes lower-cost open pit mining methods in the initial years of operation. In addition to surface exploration and infill drilling, the Company believes updated metallurgical test work to include ore sorting and gravity recovery studies could have a positive impact on the project by potentially increasing grades, improving recovery, and lowering processing costs.

The work programs planned for 2025 and 2026 will help to advance the PL Gold Mine and inform a future feasibility study to be completed in 2026. Key development activities will include:

• Diamond drilling to expand resources and upgrade reserves.

• An updated Mineral Resource Estimate.

• A revised mine development plan prioritizing open pit mining.

• Updated metallurgical test work.

• An updated, comprehensive Feasibility Study.

A&B Global Mining Scope of Work

ABGM will initially manage the project's technical advancement in two distinct stages:

Stage 1: Mining Concept Development

This initial stage will establish the foundational data and models required for advanced engineering and economic studies. Key deliverables include:

• An audited and signed-off drilling database.

• Updated geological and resource models.

• A NI 43-101 compliant Mineral Resource Estimate.

• A comprehensive internal mining concept study report.

• A detailed roadmap for Stage 2.

Stage 2: Class 3 Feasibility Study

Following the successful completion of Stage 1, ABGM will undertake a full Feasibility Study to Class 3 engineering standards. This stage will provide the detailed engineering and financial analysis required for a financial analysis and a future production decision. Key deliverables include:

• Detailed mining design and layout (open pit and underground).

• A 3D mine plan and schedule.

• Mine engineering and infrastructure layout.

• Basic engineering.

• A NI 43-101 compliant Mineral Reserves Estímate.

• Detailed capital and operating cost estimates and financial models.

• A final NI 43-101 Technical Report and Feasibility Study.

Mr. Glenn concluded, "The structured, two-stage approach being executed by ABGM is precisely what is needed to move the PL Gold Mine forward. ABGM will ensure highest QA/QC standards in data collection and analysis and will provide a high-quality, independent technical validation of the PL Gold Mine project required to secure development funding and execute on our vision of restarting the mine. We look forward to working closely with the ABGM team and updating our shareholders as we achieve key milestones."

About Minnova Corp.

Minnova Corp. is focused on the restart of its PL Gold Mine and completed a positive Feasibility Study in 2018, based on a gold price of US$1,250 per ounce. The study concluded the restart of the PL Gold Mine, at an average annual production rate of 46,493 ounces over a minimum 5-year mine life, was economically robust. Importantly the global resource remains open to expansion, as does the reserve. The PL Gold Mine benefits from a short pre-production timeline forecast at 15 months, a valid underground mining permit (Environment Act 1207E), an existing 1,000 tpd processing plant, over 7,000 meters of developed underground ramp to -135 metres depth.

About A&B Global Mining

A&B Global Mining Pty. (Ltd.) (ABGM) is a premier mining consultancy with deep expertise across the mining life cycle. With a track record of success on projects around the globe, ABGM provides integrated, innovative, and practical solutions in geology, mine engineering, and project management to help clients maximize the value of their mineral assets.

ABGM welcomes the opportunity to collaborate with Minnova and believes that their organisation is well-positioned to add significant value to this initiative. Their team comprises highly skilled professionals with extensive experience in exploration, resource estimation, technical reporting, and project implementation across multiple commodities and jurisdictions, including Africa. We are confident in our ability to deliver high-quality outputs in line with Minnova's strategic objectives.

ABGM has a proven track record of delivering high-quality technical support to international clients, including the successful design of exploration programmes, validation of resource models and the preparation of technical documentation that has underpinned both internal investment decisions and external market disclosures.

Qualified Person

Mr. Chris Buchanan, M. Sc., P. Geo., a consultant of the Company and a "Qualified Person" under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

For more information, please contact:

Minnova Corp.Gorden Glenn President & Chief Executive OfficerTel: (647) 985-2785

For further information, please contact Investor Relations: info@minnovacorp.ca.

Visit our website at www.minnovacorp.ca.

Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264359

As the ASX200 remains steady, with Real Estate, Financials, and Industrials leading the charge while Energy and Health Care lag behind, investors are keenly observing how economic shifts impact small-cap companies. In this dynamic environment, identifying undiscovered gems requires a focus on resilience and growth potential amidst sector fluctuations.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Sugar Terminals	NA	3.78%	4.30%	★★★★★★
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Tribune Resources	NA	-10.33%	-48.18%	★★★★★★
Hearts and Minds Investments	NA	47.09%	49.82%	★★★★★★
Spheria Emerging Companies	NA	-1.31%	0.28%	★★★★★★
Red Hill Minerals	NA	95.16%	40.06%	★★★★★★
Djerriwarrh Investments	2.39%	8.18%	7.91%	★★★★★★
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Peet	53.46%	12.70%	31.21%	★★★★☆☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 51 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

We’ll examine a selection from our screener results.

Generation Development Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Generation Development Group Limited focuses on the marketing and management of life insurance and life investment products and services in Australia, with a market cap of A$2.70 billion.

Operations: GDG generates revenue through its life insurance and life investment products and services in Australia. The company’s market cap stands at approximately A$2.70 billion.

Generation Development Group, a nimble player in the Australian life insurance and investment sector, reported a substantial leap in net income to A$38.25 million for the year ending June 2025, up from A$5.84 million previously. Earnings per share also rose to A$0.1163 from A$0.0301, reflecting strong performance despite recent shareholder dilution concerns. With no debt on its books and positive free cash flow of approximately A$8 million as of June 2025, GDG is poised for growth with strategic acquisitions like Evidentia enhancing its market position amid demographic shifts favoring annuity products. However, integration risks and potential policy changes present challenges ahead.

• Generation Development Group’s capital-light model enhances efficiency and margins, supporting higher dividends. Click here to explore the full narrative on Generation Development Group.

ASX:GDG Debt to Equity as at Aug 2025Kina Securities

Simply Wall St Value Rating: ★★★★☆☆

Overview: Kina Securities Limited operates as a provider of commercial banking, financial services, fund administration, investment management, and share brokerage in Papua New Guinea with a market capitalization of A$401.43 million.

Operations: Kina Securities generates revenue primarily from its Banking & Finance segment, which contributed PGK 441.25 million, and Wealth Management, adding PGK 50.19 million. The company reported a net profit margin of 26%, indicating efficient cost management relative to its revenue streams.

Kina Securities, a financial entity with PGK5.4 billion in assets and PGK680.3 million in equity, offers an intriguing mix of potential growth and challenges. With 95% of its liabilities from low-risk customer deposits, the company has a solid funding base despite high bad loans at 7.7%. Its price-to-earnings ratio of 9.4x is attractive compared to the market average of 19x, indicating good value for investors seeking opportunities in smaller companies. However, a low allowance for bad loans at 27% could pose risks amidst rising operational costs and volatile revenue streams from multinational clients impacting profitability stability.

• Kina Securities aims to boost profit margins through fintech partnerships and digital expansion, with a projected tax rate reduction enhancing net margins. Click here to explore the full narrative on Kina Securities.

ASX:KSL Earnings and Revenue Growth as at Aug 2025Zimplats Holdings

Simply Wall St Value Rating: ★★★★★☆

Overview: Zimplats Holdings Limited is involved in the production of platinum and associated metals in Zimbabwe, with a market capitalization of A$1.74 billion.

Operations: Zimplats Holdings generates revenue primarily from its metals and mining segment, specifically gold and other precious metals, totaling $826.59 million. The company’s financial performance is influenced by its ability to manage costs associated with the production of these metals.

Zimplats Holdings, a notable player in the mining sector, has shown impressive growth with earnings surging by 393% over the past year, significantly outpacing the industry average of 14%. Despite a challenging five-year period where earnings declined by 42% annually, recent results reflect resilience with net income climbing to US$40.5 million from US$8.22 million last year. The company boasts high-quality earnings and maintains a satisfactory net debt to equity ratio of 0.01%, indicating prudent financial management. While free cash flow remains negative, Zimplats’ profitability ensures that cash runway isn’t an immediate concern for future operations.

• Delve into the full analysis health report here for a deeper understanding of Zimplats Holdings.

• Gain insights into Zimplats Holdings’ past trends and performance with our Past report.

ASX:ZIM Debt to Equity as at Aug 2025Summing It All Up

• Explore the 51 names from our ASX Undiscovered Gems With Strong Fundamentals screener here.

• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St’s portfolio to get a 360-degree view on how they’re shaping up.

• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Ready For A Different Approach?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:GDG ASX:KSL and ASX:ZIM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

FMC Corporation (NYSE:FMC) ranks among the best mid-cap materials stocks to buy now. On August 13, Barclays reiterated its Overweight rating on FMC Corporation (NYSE:FMC) with a price target of $48, down from $49. The firm’s forecast for FMC’s fiscal year 2025 revenues remains essentially unchanged, estimating flat sales year over year (down 1%), or around $4.2 billion.

SUWIT NGAOKAEW/Shutterstock.com

Barclays stated that FMC’s second-quarter performance crossed expectations by almost 20%, leading it to modestly increase its adjusted earnings per share projection to $3.45.

The investment bank is keeping an eye on FMC’s new go-to-market strategy, credit, and inventory levels as the company reports its second-half earnings.

Founded in 1883 as an insecticide factory, FMC Corporation (NYSE:FMC) is an American chemical manufacturing company that has since branched out into other industries, including lithium.

While we acknowledge the potential of FMC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.

• Sociedad Química y Minera de Chile S.A. recently provided third quarter earnings guidance projecting sales at least 10% higher than the previous quarter, following the release of its second quarter results showing sales of US$1,036.4 million and net income of US$88.4 million, both lower than the same period last year.

• Despite the weaker second quarter performance, the company’s projection for significant quarter-over-quarter sales growth signals management’s confidence in a near-term operational rebound.

• We’ll examine how SQM’s guidance for a double-digit sales gain in the upcoming quarter may influence its longer-term investment narrative.

These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.

Sociedad Química y Minera de Chile Investment Narrative Recap

To be a shareholder in Sociedad Química y Minera de Chile (SQM), you need conviction in the future demand for lithium and related minerals, as well as faith in the company’s ability to navigate shifting commodity prices and capital requirements. The news that management expects at least a 10% sales increase for the third quarter is an encouraging sign for those watching short-term catalysts. Still, current pressures on net income and potential financing needs from lithium price volatility remain significant risks, which the guidance only partially addresses.

The announcement of the third quarter earnings guidance is especially relevant here, reflecting management’s outlook for an operational recovery after a weaker second quarter. While improved quarter-over-quarter sales could lift sentiment, it remains important to closely track the company's ability to maintain cash flow and manage further capital expenditure requirements, given recent net income pressures and ongoing investment plans.

However, investors should keep in mind the contrast between projected sales growth and the risk posed by possible additional capital raising in the event of lower lithium prices, which could…

Read the full narrative on Sociedad Química y Minera de Chile (it's free!)

Sociedad Química y Minera de Chile's outlook anticipates $6.3 billion in revenue and $1.7 billion in earnings by 2028. This scenario is based on an expected 11.8% annual revenue growth rate and an earnings increase of $1.1 billion from current earnings of $602.7 million.

Uncover how Sociedad Química y Minera de Chile's forecasts yield a $48.52 fair value, a 4% upside to its current price.

Exploring Other PerspectivesSQM Community Fair Values as at Aug 2025

Simply Wall St Community members have contributed nine unique fair value estimates for SQM, ranging from as low as US$4.85 to US$48.52. While opinions on valuation differ widely, many remain focused on how expansion plans and lithium market dynamics may shape the company’s future profitability.

Explore 9 other fair value estimates on Sociedad Química y Minera de Chile – why the stock might be worth less than half the current price!

Build Your Own Sociedad Química y Minera de Chile Narrative

Disagree with existing narratives? Create your own in under 3 minutes – extraordinary investment returns rarely come from following the herd.

• A great starting point for your Sociedad Química y Minera de Chile research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.

• Our free Sociedad Química y Minera de Chile research report provides a comprehensive fundamental analysis summarized in a single visual – the Snowflake – making it easy to evaluate Sociedad Química y Minera de Chile's overall financial health at a glance.

Searching For A Fresh Perspective?

Our top stock finds are flying under the radar-for now. Get in early:

• Trump's oil boom is here – pipelines are primed to profit. Discover the 22 US stocks riding the wave.

• Rare earth metals are the new gold rush. Find out which 27 stocks are leading the charge.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SQM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

FMC's (NYSE:FMC) stock is up by a considerable 8.6% over the past week. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Specifically, we decided to study FMC's ROE in this article.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part – they are all under $10bn in marketcap – there is still time to get in early.

How To Calculate Return On Equity?

Return on equity can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for FMC is:

3.0% = US$132m ÷ US$4.4b (Based on the trailing twelve months to June 2025).

The 'return' is the yearly profit. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.03 in profit.

View our latest analysis for FMC

What Has ROE Got To Do With Earnings Growth?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

A Side By Side comparison of FMC's Earnings Growth And 3.0% ROE

It is hard to argue that FMC's ROE is much good in and of itself. Even when compared to the industry average of 9.3%, the ROE figure is pretty disappointing. Although, we can see that FMC saw a modest net income growth of 6.5% over the past five years. Therefore, the growth in earnings could probably have been caused by other variables. For instance, the company has a low payout ratio or is being managed efficiently.

We then performed a comparison between FMC's net income growth with the industry, which revealed that the company's growth is similar to the average industry growth of 6.3% in the same 5-year period.

NYSE:FMC Past Earnings Growth August 24th 2025

The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. Has the market priced in the future outlook for FMC? You can find out in our latest intrinsic value infographic research report.

Is FMC Using Its Retained Earnings Effectively?

FMC has a healthy combination of a moderate three-year median payout ratio of 34% (or a retention ratio of 66%) and a respectable amount of growth in earnings as we saw above, meaning that the company has been making efficient use of its profits.

Moreover, FMC is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Our latest analyst data shows that the future payout ratio of the company is expected to rise to 53% over the next three years. However, FMC's future ROE is expected to rise to 11% despite the expected increase in the company's payout ratio. We infer that there could be other factors that could be driving the anticipated growth in the company's ROE.

Summary

On the whole, we do feel that FMC has some positive attributes. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) came out with its second-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks like a pretty bad result, all things considered. Although revenues of US$1.0b were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 39% to hit US$0.31 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

NYSE:SQM Earnings and Revenue Growth August 22nd 2025

After the latest results, the 14 analysts covering Sociedad Química y Minera de Chile are now predicting revenues of US$4.52b in 2025. If met, this would reflect a satisfactory 6.8% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 46% to US$2.44. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$4.36b and earnings per share (EPS) of US$2.31 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.

See our latest analysis for Sociedad Química y Minera de Chile

Despite these upgrades,the analysts have not made any major changes to their price target of US$49.66, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Sociedad Química y Minera de Chile at US$78.00 per share, while the most bearish prices it at US$36.50. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of Sociedad Química y Minera de Chile'shistorical trends, as the 14% annualised revenue growth to the end of 2025 is roughly in line with the 17% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 4.6% per year. So it's pretty clear that Sociedad Química y Minera de Chile is forecast to grow substantially faster than its industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Sociedad Química y Minera de Chile's earnings potential next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at US$49.66, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Sociedad Química y Minera de Chile. Long-term earnings power is much more important than next year's profits. We have estimates – from multiple Sociedad Química y Minera de Chile analysts – going out to 2027, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Sociedad Química y Minera de Chile , and understanding them should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Explore Sociedad Química y Minera de Chile's Fair Values from the Community and select yours

Key Insights

• The projected fair value for Sociedad Química y Minera de Chile is US$47.02 based on 2 Stage Free Cash Flow to Equity

• With US$44.36 share price, Sociedad Química y Minera de Chile appears to be trading close to its estimated fair value

• Analyst price target for SQM is US$49.46, which is 5.2% above our fair value estimate

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) as an investment opportunity by taking the expected future cash flows and discounting them to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. It may sound complicated, but actually it is quite simple!

We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

The Model

We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.

Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value:

10-year free cash flow (FCF) estimate

	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035
Levered FCF ($, Millions)	-US$610.0m	US$603.7m	US$708.9m	US$801.9m	US$882.9m	US$953.6m	US$1.02b	US$1.07b	US$1.12b	US$1.17b
Growth Rate Estimate Source	Analyst x2	Analyst x3	Est @ 17.42%	Est @ 13.12%	Est @ 10.11%	Est @ 8.00%	Est @ 6.52%	Est @ 5.49%	Est @ 4.77%	Est @ 4.26%
Present Value ($, Millions) Discounted @ 8.8%	-US$561	US$510	US$550	US$572	US$579	US$575	US$563	US$546	US$525	US$503

("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$4.4b

The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (3.1%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.8%.

Terminal Value (TV)= FCF2035 × (1 + g) ÷ (r – g) = US$1.2b× (1 + 3.1%) ÷ (8.8%– 3.1%) = US$21b

Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$21b÷ ( 1 + 8.8%)10= US$9.1b

The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$13b. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of US$44.4, the company appears about fair value at a 5.6% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula – garbage in, garbage out.

NYSE:SQM Discounted Cash Flow August 21st 2025The Assumptions

Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Sociedad Química y Minera de Chile as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.8%, which is based on a levered beta of 1.048. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.

View our latest analysis for Sociedad Química y Minera de Chile

SWOT Analysis for Sociedad Química y Minera de Chile

Strength

• Earnings growth over the past year exceeded the industry.

• Debt is well covered by earnings and cashflows.

• Dividend is in the top 25% of dividend payers in the market.

Weakness

• No major weaknesses identified for SQM.

Opportunity

• Annual earnings are forecast to grow faster than the American market.

• Good value based on P/E ratio and estimated fair value.

Threat

• Dividends are not covered by cash flow.

• Revenue is forecast to grow slower than 20% per year.

Looking Ahead:

Whilst important, the DCF calculation ideally won't be the sole piece of analysis you scrutinize for a company. It's not possible to obtain a foolproof valuation with a DCF model. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. For Sociedad Química y Minera de Chile, we've compiled three pertinent elements you should further examine:

Risks: To that end, you should learn about the 2 warning signs we've spotted with Sociedad Química y Minera de Chile (including 1 which is a bit unpleasant) .

Future Earnings: How does SQM's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.

Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!

PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the NYSE every day. If you want to find the calculation for other stocks just search here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

This article first appeared on GuruFocus.

• Revenue: Decreased by more than 3% year on year due to lower lithium prices.

• Lithium Sales Guidance: Updated to approximately 20,000 metric tons of lithium carbonate equivalent for the full calendar year 2025.

• Lithium Hydroxide Production: Kwinana refinery expected to produce 50,000 metric tons annually, with half attributable to SQM.

• Chilean Lithium Sales Volume: Expected to increase by at least 10% versus 2024.

• Iodine Segment Gross Margin: Adjusted gross margin of 57%, contributing more than 50% to total company gross profit.

• Specialty Plant Nutrition Business: Remains stable with resilient demand across key markets.

• Potassium Volumes: Lower as guided, but prices remain firm.

• Warning! GuruFocus has detected 5 Warning Sign with XSGO:COPEC.

• Is SQM fairly valued? Test your thesis with our free DCF calculator.

Release Date: August 20, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

• Sociedad Quimica Y Minera De Chile SA (NYSE:SQM) reported strong demand growth from the EV and BESS sectors, particularly in China and Europe.

• The Kwinana refinery project was completed on time and on budget, with a ramp-up underway, expected to produce 50,000 metric tons of lithium hydroxide annually.

• Iodine was the most profitable segment in the second quarter, with an adjusted gross margin of 57%, contributing more than 50% to the total company gross profit.

• The Specialty Plant Nutrition business remains stable, reflecting resilient demand across key markets.

• SQM’s diversified portfolio positions the company well to navigate a volatile environment, capturing strong fundamentals in the lithium market.

Negative Points

• Lower lithium prices compared to earlier in the year drove revenues down by more than 3% year on year.

• Lithium sales volumes from the Salar de Atacama were almost flat compared to last year due to lower prices triggering contract frauds.

• The expansion decision for the Mt. Holland project will not be taken during 2025, with a final decision expected next year.

• Potassium volumes in the fertilizers segment are lower as guided, despite firm prices.

• The company faces uncertainties in the iodine market, with demand growth limited by supply constraints.

Q & A Highlights

Q: Can you discuss the midterm and long-term goals for the Specialty Plant Nutrition (SPN) business? Is it based on volume, EBITDA, or margin per ton? A: Juan Pablo Bellolio, Commercial Vice President – Plant Nutrition and Specialty Products, explained that the SPN business is not only about potassium nitrate but also includes blends based on MPKs. The strategy is to continue growing by adding services and products, maintaining a solid brand, and keeping prices stable. The focus is on increasing volume while maintaining strong brand recognition.

Q: What is the current status of the Mt. Holland expansion, and how does it affect the CapEx outlook for Salar Futuro? A: Mark Fones, CEO of the SQM International Lithium Division, stated that the expansion decision for Mt. Holland will not be made in 2025. The company is progressing with approvals and engineering studies, with a final decision expected next year. The CapEx outlook for Salar Futuro will be periodically reviewed, considering market conditions and project progress.

Q: What could potentially disrupt iodine prices, and are there any signs of demand destruction or changes in supply outlook? A: Pablo Altimiras, Executive Vice President – Nitrates and Iodine, noted that iodine demand is expected to grow less than 1% this year due to supply constraints. However, strong fundamentals in applications like ex-contrast media support demand. Some capacity is expected next year, but no significant market changes are anticipated. The strategy is to maintain capacity to meet demand.

Q: Can you confirm the expected volumes for Mt. Holland and Kwinana, and how does the ramp-up compare to other Australian hydroxide plants? A: Mark Fones confirmed that SQM expects to sell 20,000 tons of lithium carbonate equivalent in 2025, with volumes concentrated in the second half of the year. The ramp-up is planned with detailed engineering and strong vendor support, aiming for a smoother process compared to other plants.

Q: How have recent changes in lithium market dynamics affected your order book and customer discussions? A: Felipe Smith, Commercial Vice President – Lithium in Chile Division, mentioned that sales volumes are expected to increase by at least 10% in the second half of the year. Prices have been recovering, particularly in China, and are expected to be higher in Q3. The strategy remains to produce at full capacity and serve customer needs without speculation.

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Toronto, Ontario–(Newsfile Corp. – August 21, 2025) – Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ("Minnova" or the "Company") is pleased to announce the engagement of A&B Global Mining Pty. (Ltd.) ("ABGM"), a leading international mining consulting firm based in South Africa, to provide comprehensive technical and engineering services for its 100% owned PL Gold Mine in Manitoba, Canada. This strategic engagement is a critical step in advancing the PL Mine restart plan, culminating in a new, updated NI 43-101 Feasibility Study and Mineral Resource Estimate scheduled for completion in 2026.

The partnership with ABGM marks a pivotal milestone in Minnova's strategy to de-risk the PL Gold Mine, enhance its value, and capitalize on the robust gold market. ABGM will lead a structured, two-stage technical program to optimize the mine plan, strengthen the foundation for future development and financing, and maximize the project's overall value.

Gorden Glenn, President and CEO of Minnova, commented, "We are pleased to partner with A&B Global Mining, a firm with a world-class reputation for delivering excellence in mine engineering and project evaluation including execution support. This collaboration is pivotal for Minnova. It puts the PL Gold Mine on a clear, defined path to development. By systematically advancing the project through an updated mineral resource estimate and a new feasibility study, we are laying the groundwork to build a profitable and sustainable gold mining operation in Manitoba."

PL Gold Mine: Poised for Advancement

The PL Gold Mine is an advanced-stage development project with significant existing infrastructure, including a 1,000 tonnes-per-day (tpd) processing plant, over 7,000 meters of underground ramp development, and a valid underground mining permit.

Planning for technical programs at the PL Gold Mine continues to advance with a focus on a revised mine development plan based on the full 1,000 tpd mill capacity, which prioritizes lower-cost open pit mining methods in the initial years of operation. In addition to surface exploration and infill drilling, the Company believes updated metallurgical test work to include ore sorting and gravity recovery studies could have a positive impact on the project by potentially increasing grades, improving recovery, and lowering processing costs.

The work programs planned for 2025 and 2026 will help to advance the PL Gold Mine and inform a future feasibility study to be completed in 2026. Key development activities will include:

• Diamond drilling to expand resources and upgrade reserves.

• An updated Mineral Resource Estimate.

• A revised mine development plan prioritizing open pit mining.

• Updated metallurgical test work.

• An updated, comprehensive Feasibility Study.

A&B Global Mining Scope of Work

ABGM will initially manage the project's technical advancement in two distinct stages:

Stage 1: Mining Concept Development

This initial stage will establish the foundational data and models required for advanced engineering and economic studies. Key deliverables include:

• An audited and signed-off drilling database.

• Updated geological and resource models.

• A NI 43-101 compliant Mineral Resource Estimate.

• A comprehensive internal mining concept study report.

• A detailed roadmap for Stage 2.

Stage 2: Class 3 Feasibility Study

Following the successful completion of Stage 1, ABGM will undertake a full Feasibility Study to Class 3 engineering standards. This stage will provide the detailed engineering and financial analysis required for a financial analysis and a future production decision. Key deliverables include:

• Detailed mining design and layout (open pit and underground).

• A 3D mine plan and schedule.

• Mine engineering and infrastructure layout.

• Basic engineering.

• A NI 43-101 compliant Mineral Reserves Estímate.

• Detailed capital and operating cost estimates and financial models.

• A final NI 43-101 Technical Report and Feasibility Study.

Mr. Glenn concluded, "The structured, two-stage approach being executed by ABGM is precisely what is needed to move the PL Gold Mine forward. ABGM will ensure highest QA/QC standards in data collection and analysis and will provide a high-quality, independent technical validation of the PL Gold Mine project required to secure development funding and execute on our vision of restarting the mine. We look forward to working closely with the ABGM team and updating our shareholders as we achieve key milestones."

About Minnova Corp.

Minnova Corp. is focused on the restart of its PL Gold Mine and completed a positive Feasibility Study in 2018, based on a gold price of US$1,250 per ounce. The study concluded the restart of the PL Gold Mine, at an average annual production rate of 46,493 ounces over a minimum 5-year mine life, was economically robust. Importantly the global resource remains open to expansion, as does the reserve. The PL Gold Mine benefits from a short pre-production timeline forecast at 15 months, a valid underground mining permit (Environment Act 1207E), an existing 1,000 tpd processing plant, over 7,000 meters of developed underground ramp to -135 metres depth.

About A&B Global Mining

A&B Global Mining Pty. (Ltd.) (ABGM) is a premier mining consultancy with deep expertise across the mining life cycle. With a track record of success on projects around the globe, ABGM provides integrated, innovative, and practical solutions in geology, mine engineering, and project management to help clients maximize the value of their mineral assets.

ABGM welcomes the opportunity to collaborate with Minnova and believes that their organisation is well-positioned to add significant value to this initiative. Their team comprises highly skilled professionals with extensive experience in exploration, resource estimation, technical reporting, and project implementation across multiple commodities and jurisdictions, including Africa. We are confident in our ability to deliver high-quality outputs in line with Minnova's strategic objectives.

ABGM has a proven track record of delivering high-quality technical support to international clients, including the successful design of exploration programmes, validation of resource models and the preparation of technical documentation that has underpinned both internal investment decisions and external market disclosures.

Qualified Person

Mr. Chris Buchanan, M. Sc., P. Geo., a consultant of the Company and a "Qualified Person" under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

For more information please contact:

Minnova Corp.Gorden GlennPresident & Chief Executive Officer

For further information, please contact Investor Relations: info@minnovacorp.ca

Visit our website at www.minnovacorp.ca

Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

NOT FOR DISSEMINATION INTO THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263388

SQM

Highlights
•	SQM reported total revenues for the six months ended June 30, 2025 of US$2,079.3 million compared to total revenues of US$2,378.1 million for the same period last year.
•	Net income for the six months ended June 30, 2025 of US$226.0 million or US$0.79 per share, compared to net loss of US$(655.9) million or US$(2.30) per share for the same period last year.
•	Continue to observe record- high iodine sales price.
•	Strong price environment in SPN and Potassium businesses.
•	Increasing sales volumes for the coming months from the International Lithium Division and completion of the Kwinana refinery.
SQM will hold a conference call to discuss these results on Wednesday, August 20, 2025 at 12:00pm EDT (12:00pm Chile time).
Participant Call link: https://register-conf.media-server.com/register/BI096c4f4e6f094d1db8eba9c6ed4a9bbd
Webcast: https://edge.media-server.com/mmc/p/2zir238k

SANTIAGO, Chile, Aug. 20, 2025 (GLOBE NEWSWIRE) — Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today net income for the six months ended June 30, 2025, of US$226.0 million or US$0.79 per share, compared to a loss1 of US$(655.9) million or US$(2.30) per share reported for the same period last year.

Gross profit reached US$558.3 million (26.8% of revenues) for the six months ended June 30, 2025, lower than US$752.5 million (31.6% of revenues) recorded for the six months ended June 30, 2024. Revenues totaled US$2,079.3 million for the six months ended June 30, 2025, representing a decrease of 12.6% compared to US$2,378.1 million reported for the six months ended June 30, 2024.

The Company also announced net income for the second quarter of 2025 of US$88.4 million or US$0.31 per share, a decrease of 58.6% compared to US$213.6 million or US$0.75 per share for the second quarter of 2024. Gross profit for the second quarter of 2025 reached US$253.6 million, 34.0% lower than the US$383.9 million reported for the second quarter of 2024. Revenues totaled US$1,042.7 million for the second quarter of 2025, a decrease of 19.4% compared to US$1,293.6 million for the second quarter of 2024.

SQM’s Chief Executive Officer, Ricardo Ramos, stated, “As anticipated, during the second quarter, we navigated a period of lower lithium market prices than those observed in previous quarters. In this context, some of the contracts we had in place, hit the lower limits set in those contracts, affecting the volumes agreed. As a result, the total volume sold during the second quarter of this year was lower than what was reported in the first quarter of this year, despite the growth seen in the market. With that said, we now expect sales volumes from our Salar de Atacama operations to grow by approximately 10% compared to last year, while we are increasing our sales guidance for our Australian operations.”

He added: “We are also pleased to announce that Covalent, our Joint Venture with Wesfarmers in Australia, has completed construction of the Kwinana refinery in Australia, and achieved first product produced in July at the expected quality and cost. The ramp-up period is expected to take 18 months, and once at full capacity, the Mt. Holland Lithium Project is expected to produce approximately 50,000 tons of battery-grade lithium hydroxide per year, contributing to the growing demand of electric vehicles.”

To see full press release please visit our website: https://ir.sqm.com/

CONTACT: For media inquiries, contact: SQM Lithium Chile Division: Ignacia Lopez / ignacia.lopez@sqm.com SQM International Lithium Division: Diana Wearing Smith / diana.wearingsmith@sqm.com SQM Iodine & Plant Nutrition Division: Carolina Guzman / carolina.guzman@sqm.com

PHILADELPHIA, Aug. 20, 2025 /PRNewswire/ — FMC Corporation (NYSE: FMC) today announced that Pierre Brondeau, FMC chairman and chief executive officer, Ronaldo Pereira, FMC president and Andrew Sandifer, FMC executive vice president and chief financial officer, will speak at the Jefferies Industrials Conference on September 3, 2025, at 7:30 a.m. Eastern Time.  A live webcast will be available at www.fmc.com/investors.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-chairman-and-ceo-pierre-brondeau-president-ronaldo-pereira-and-cfo-andrew-sandifer-to-speak-at-jefferies-industrials-conference-302533545.html

SOURCE FMC Corporation