#3 Fortress Minerals Ltd Phillip Capital has maintained its Buy rating on the company with a target price of $0.81. The positive sentiment is because of the increase in volume of iron ore traded and the improvement in margins.” Iron-ore concentrates sold increased 61.6% YoY in 1QFY22. This lifted revenue by 143.8%. QoQ, volume sold and revenue were down 19.2% and 0.3% respectively, mainly due to seasonality Gross profits almost tripled from US$5.0mn in 1QFY21 to US$13.9mn, with gross profit margins up from 71.1% to 80.5%. This was achieved with higher realised ASPs for iron-ore concentrates, which went from US$94.97/DMT in 1QFY21 to US$143.00/DMT. Unit costs climbed from US$24.88/WMT to US$25.55/WMT, mainly due to RM strength against the US$.” >> Read more about the company here. #4 Jiutian Chemical KGI Securities has maintained its rating on the company with a BUY rating on the stock with a target price of...