Deterra Royalties stock gets a target cut to AUD 4.75

Published on 10/07/2026 at 02:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deterra Royalties stock was last at AUD 3.97 on October 7, 2026, below its AUD 4.78 yearly high. FY26 profit rose 5.6 percent to AUD 164.2 million.

Deterra Royalties, AU0000107484, Illustration mit AI erstellt.

Deterra Royalties stock (ISIN AU0000107484) was last at AUD 3.97 on the ASX on October 7, 2026, down 0.50 percent from the prior close. The latest broker action is a target cut to AUD 4.75 by Morgans, reported on October 5, 2026, according to TradingView.

Target stays above the market

The Morgans target stands 19.6 percent above the October 7 price, a gap that leaves the broker view more constructive than the current quotation. The comparison matters because the stock is also 16.9 percent below its 52-week high of AUD 4.78, while its 52-week low is AUD 3.67.

Consensus is less uniform. MarketScreener listed a Hold mean consensus from 12 analysts, with an average target of AUD 4.70 and a spread of 13.25 percent above the cited last close. That mix of ratings points to a valuation debate rather than a single dominant market view.

FY26 earnings provide support

Deterra's most recent reported year ended June 30, 2026. Revenue from continuing operations rose 6.4 percent to AUD 236.2 million from AUD 222.0 million in fiscal 2025, while underlying EBITDA increased 6.5 percent to AUD 222.2 million, according to MarketScreener.

Net profit after tax rose 5.6 percent to AUD 164.2 million from AUD 155.7 million, and operating cash flow increased to AUD 169.5 million from AUD 134.9 million. The figures show that Mining Area C continues to provide the earnings base while newer royalties remain growth options.

Santa Cruz adds a longer-term test

Deterra acquired a 1.75 percent net smelter return royalty over the Santa Cruz copper project for US 74.15 million in an announcement dated September 28, 2026, according to TradingView. Production is targeted for 2029, so the deal adds portfolio breadth but does not immediately change revenue.

Stock remains below yearly high

Deterra Royalties had a market capitalization of AUD 2.1 billion and volume of 259,793 shares on October 7, 2026. The combination of a AUD 4.75 broker target, a AUD 4.70 consensus target and a AUD 3.97 ASX quotation leaves the next valuation step tied to delivery from its growth assets.