Kingfisher Stock News

The S&P/ASX Small Ordinaries Index (ASX: XSO) was little changed at 3,148.20, down 2 points or 0.06% in the latest session as Australia's junior end of the market remained relatively subdued. Over the past five sessions, the index has slipped 17.70 points or 0.56%, with investors continuing to balance company-specific catalysts against a mixed backdrop for commodities and risk appetite.

Kingfisher Mining Ltd (ASX:KFM) closed the September quarter with strong drilling results across its Broken Hill portfolio, led by high-grade copper-gold intersections at Copper Blow and silver-lead-zinc results from Allendale and Stephens Trig. The quarter also saw drilling approvals secured for the next Copper Blow program, while subsequent to quarter-end, Kingfisher raised approximately A$2....

Kingfisher Mining Ltd (ASX:KFM) last week outlined plans to accelerate exploration at its Copper Blow Project near Broken Hill, following commitments for a $2.25 million capital raising to fund further drilling and advance the company's broader project portfolio. Managing director Chris Bittar told Proactive the placement had attracted strong support from existing shareholders and new sophistic...

Kingfisher Mining Ltd (ASX:KFM) is raising $2.25 million to advance the Copper Blow Project and exploration activities across the company's Broken Hill project portfolio. Copper Blow is one of the most advanced copper-gold exploration opportunities within the company's NSW portfolio.

Kingfisher names Sebastian Gundel as new CEO

Deutsche Bank has kept a cautious stance on Kingfisher PLC (LSE:KGF), arguing that the DIY group's forecast-beating results and raised guidance owe something to a one-off boost. The broker rates the owner of B&Q and Screwfix a "hold", with a 300p price target that sits just below the current share price.

Kingfisher PLC (LSE:KGF) shares jumped as much as 10.6% to an intraday high of 338p after stronger margins lifted first-half profit and prompted the B&Q and Screwfix owner to upgrade its annual guidance. Peel Hunt retained its 'add' recommendation and 350p price target, which stood around 3.6% above Tuesday's session high.