BUZZ-Australia's Jupiter Mines falls on Trump tariff; Macquarie hikes PT on raised outlook

Reuters
03 Feb
BUZZ-Australia's Jupiter Mines falls on Trump tariff; <a href="https://laohu8.com/S/MQG.AU">Macquarie</a> hikes PT on raised outlook

** Jupiter Mines JMS.AX falls 3.2% to A$0.15; set for biggest pct decline since Jan. 28

** Manganese miner tracks subdued sentiment in Australian markets, as U.S. imposes tariffs on top trading partner China, rattling investors and dragging broad index .AXJO 1.8% lower

** Macquarie hikes PT to A$0.22 from A0.21 to reflect its upgraded FY25 outlook, given JMS's Q2 earnings beat analysts' forecasts

** Stock fell 12.1% in 2024

(Reporting by Nichiket Sunil)

((Nichiket.Sunil@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10