Daily Roundup

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Mayfield Group Requests Trading Halt for Capital Raise

Mayfield Group Holdings Ltd (ASX: MYG) has requested a trading halt in its securities as it expects to make a material announcement regarding a capital raise. The trading halt will remain in place until the earlier of market open on November 11, 2025, or the release of the announcement. Mayfield Group anticipates making the announcement before the market opens on November 11.

Sun Silver Confirms Near-Surface Antimony at Maverick Springs

Sun Silver Ltd (ASX: SS1) has announced positive results from its ongoing re-assay program at the Maverick Springs Silver-Gold Project in Nevada, USA. The latest results have confirmed zones of near-surface antimony mineralization, strengthening the project's potential to host a maiden antimony Mineral Resource. This complements the existing large-scale silver-gold system at Maverick Springs. The announcement also highlights JPMorgan's recent $75 million investment in Perpetua Resources, underscoring the rising strategic importance of U.S. antimony.

Macquarie Group Reports Solid 1H26 Results

Macquarie Group Limited (ASX: MQG) has reported a 3% increase in net profit to $1,655 million for the first half of fiscal year 2026. This was driven by higher fee and commission income, as well as net interest and trading income, partially offset by higher operating expenses. Macquarie's assets under management grew 5% to $959.1 billion, and the company's financial position remains strong, exceeding regulatory minimum requirements.

In its 1H26 presentation, Macquarie highlighted its focus on deepening client relationships, accelerating growth in infrastructure and adjacencies, and scaling key capabilities in areas like real estate, credit, and insurance. The group also reported consistent investment performance, with around 55% of assets under management across fixed income, equities, and multi-asset strategies outperforming their respective 3-year benchmarks.

Looking ahead, Macquarie expects to deliver a full-year result for FY26 that is broadly in line with the prior year, with an annualized return on equity around 10%.

REA Group Delivers Strong Q1 Results

REA Group Ltd (ASX: REA) has reported a strong start to the 2026 fiscal year, with revenue up 4% to $429 million and EBITDA up 5% to $254 million in the first quarter.

The Australian business saw a 6% revenue increase, driven by strong yield growth in a healthy property market as customers continued to adopt premium products. However, the India business revenue declined 20%.

Looking ahead, REA Group expects the Australian residential property market to remain healthy, with strong buyer demand and continued house price growth. The group is targeting double-digit residential Buy yield growth, including a 7% national average Premiere+ price rise, as well as positive operating jaws.

Solvar Secures Diversified and Lower-Cost Debt Facilities

Solvar Limited (ASX: SVR) has announced enhancements to the debt facilities of its Money3 business unit, providing greater funding diversification and a material reduction in the Group's cost of funds.

The new arrangements include a new $487 million warehouse facility with competitive pricing and an improved repricing of the existing $270 million warehouse facility. These changes are expected to result in anticipated pre-tax interest cost savings of approximately $4 million in FY27.

The total funding capacity has increased by around $250 million to approximately $1.2 billion, providing significant headroom to support ongoing loan book growth.