Daily Roundup

Nova EYE Medical Ltd is firing on all cylinders, posting a 30% surge in Q3 FY27 sales to US$6.3 million. The medical technology company's last twelve months of sales climbed to US$25.1 million, maintaining that impressive growth trajectory. What's particularly encouraging is the company's positive operational cash flow of A$0.5 million for the quarter, backed by A$4.1 million in liquidity. The outfit has reaffirmed its FY27 guidance and is shifting to US dollar financial reporting from the first half of next year, signaling its international ambitions. Management expects sales between US$26 million and US$31 million for the full year, excluding China, and is actively negotiating to refinance its existing debt facility.

Universal Store Holdings Ltd is having quite the moment. The retailer's first 17 weeks of FY27 show direct-to-customer sales climbing 9.3%, with its Perfect Stranger brand absolutely stealing the show at 36.8% growth. Five new stores have already opened this financial year, putting the company squarely on track to hit its Christmas target of 12 openings. The company remains confident it'll reach its full-year guidance of 16 to 20 new stores.

This confidence comes on the back of stellar FY26 results presented at the company's recent AGM. Revenue jumped 12.9% to $376.1 million, while underlying group profit after tax rose 16.3% to $40.5 million. The board rewarded shareholders with a fully franked dividend of 43.0 cents per share, up 11.7% from the prior year. There's also fresh leadership in the mix, with George Do stepping into the CEO role on November 1, succeeding Alice Barbery. Gross margins remain robust, and the company is investing in team and system capabilities to fuel future growth.

Stanmore Resources Ltd delivered record operational performance in Q3 2026, with South Walker Creek hitting new quarterly highs for both run-of-mine and saleable production. The coal producer benefited from tightening global supply, particularly from Russian and Chinese basins, which pushed average sales prices to US$163 per tonne—up 6% quarter-on-quarter and 18% year-to-date. The company generated positive cash flow during the quarter and has reaffirmed its full-year saleable production guidance, with output tracking toward the top end of the range. Stanmore also declared a fully franked interim dividend of 2.2 US cents per share. On the expansion front, the company agreed to acquire the Moranbah South tenements for US$105 million, adding 724 million tonnes of measured and indicated coal resources adjacent to existing operations. With US$501 million in liquidity as of September 30, the company is well-positioned to fund the remaining US$100 million completion payment.

Red Hill Minerals Limited reported encouraging assay results from its recent drilling programs. At the Anabama Project in South Australia, drilling intersected multiple narrow zones of high-grade copper-gold mineralisation, extending known deposits. The company's G1 and Barkley Gold targets in Western Australia also showed promise, with drilling hitting multiple zones of gold mineralisation and extensive alteration zones.

Aruma Resources Limited has bolstered its Tillex Copper-Silver Project in Ontario, Canada, by acquiring a 90% interest in a new patented mineral right located immediately northeast of its existing high-grade mineralised zone. The acquisition extends the interpreted mineralised trend to 3.2 kilometres total strike extent and remains open in all directions. Drilling is planned as a near-term priority in the newly acquired claim area, offering direct continuity of tenure with the existing high-grade zone.