Guess which newly minted ASX 300 gold stock is lifting off today on $500 million news

MotleyFool03-26 07:47

Newly minted S&P/ASX 300 Index (ASX: XKO) gold stock St Barbara Ltd (ASX: SBM) is marching higher today. St Barbara shares closed yesterday trading for 57 cents. In early morning trade on Thursday, ...

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In early morning trade on Thursday, ...</p>\n\n<a href=\"https://www.fool.com.au/2026/03/26/guess-which-newly-minted-asx-300-gold-stock-is-lifting-off-today-on-500-million-news/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Guess which newly minted ASX 300 gold stock is lifting off today on $500 million news</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGuess which newly minted ASX 300 gold stock is lifting off today on $500 million news\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-26 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2026/03/26/guess-which-newly-minted-asx-300-gold-stock-is-lifting-off-today-on-500-million-news/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Newly minted S&P/ASX 300 Index (ASX: XKO) gold stock St Barbara Ltd (ASX: SBM) is marching higher today.\nSt Barbara shares closed yesterday trading for 57 cents. In early morning trade on Thursday, ...</p>\n\n<a href=\"https://www.fool.com.au/2026/03/26/guess-which-newly-minted-asx-300-gold-stock-is-lifting-off-today-on-500-million-news/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GDXD","symbol_name":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","start_time":0,"source_url":"https://www.fool.com.au/2026/03/26/guess-which-newly-minted-asx-300-gold-stock-is-lifting-off-today-on-500-million-news/","article_id":"2622837588","we_media_id":null,"thumbnails":[],"rights":{"source":"motleyfoolau_stock","url":"https://www.fool.com.au/2026/03/26/guess-which-newly-minted-asx-300-gold-stock-is-lifting-off-today-on-500-million-news/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2622837588","pubTimestamp":1774482443,"columns":[],"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"Newly minted S&P/ASX 300 Index  gold stock St Barbara Ltd  is marching higher today.St Barbara shares closed yesterday trading for 57 cents. In early morning trade on Thursday, shares are changing hands for 58 cents apiece, up 1.8%.For some context, the ASX 300 is down 0.1% at this same time.If you've been paying close attention to the boards, you might have noticed that St Barbara shares joined the ASX 300 at market open this Monday. That came as part of the S&P Dow Jones Indices quarterly rebalance, after the gold miner's market cap more than doubled over the past year.The St Barbara share price is marching higher after the miner announced that the transaction with the Lingbao Gold Group's investment in the New Simberi Gold Project, located in Papua New Guinea, has been approved.The ASX 300 gold stock said that all outstanding conditions precedent regarding the Initial Life of Mine Plan, the Construction Work Program, Budget for New Simberi, and the finalisation of agreements with Ku","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","BK7104":"黄金","SBM.AU":"ST BARBARA LTD","GDXJ":"小型黄金矿业ETF(Market Vectors)","JDST":"金矿指数二倍做空ETF","XKO.AU":"标普/澳交所 300指数","IAUI":"NEOS Gold High Income ETF","DGP":"二倍做多黄金ETN(PowerShares)","BK4535":"淡马锡持仓","IAUM":"ISHARES GOLD TRUST MICRO","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","FID":"First Trust S&P International Dividend Aristocrats ETF","BK4504":"桥水持仓","BK7506":"金矿股","BK4588":"碎股","SGOL":"Abrdn Gold ETF Trust","DZZ":"德银黄金两倍做空ETN","BK7062":"资产管理与托管银行","JNUG":"金矿指数二倍做多ETF","BK4207":"综合性银行","FID.AU":"FIDUCIAN GROUP LTD","GLL":"2倍做空黄金ETF-ProShares","DUST":"二倍做空黄金矿业指数ETF-Direxion","BK4585":"ETF&股票定投概念","XME":"金属与采矿指数ETF-SPDR","AAAU":"Goldman Sachs Physical Gold ETF"},"translate_title":"猜猜哪只新发行的ASX 300黄金股今天因5亿美元的消息而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DZZ":1.5,"GLL":1.5,"GDXD":1.5,"GLTR":1.5,"IAUM":1.5,"DUST":1.5,"SGOL":1.5,"SBM.AU":1,"JNUG":1.5,"DGP":1.5,"FID":1,"FID.AU":1,"XKO.AU":1,"GDXJ":1.5,"JDST":1.5,"IAUI":1.5,"AAAU":1.5,"XME":1.5},"content_text":"Newly minted S&P/ASX 300 Index (ASX: XKO) gold stock St Barbara Ltd (ASX: SBM) is marching higher today.\nSt Barbara shares closed yesterday trading for 57 cents. In early morning trade on Thursday, shares are changing hands for 58 cents apiece, up 1.8%.\nFor some context, the ASX 300 is down 0.1% at this same time.\nIf you've been paying close attention to the boards, you might have noticed that St Barbara shares joined the ASX 300 at market open this Monday. That came as part of the S&P Dow Jones Indices quarterly rebalance, after the gold miner's market cap more than doubled over the past year.\nNow, here's what's grabbing investor interest today.\nImage source: Getty Images\nASX 300 gold stock lifts on investment approval\nThe St Barbara share price is marching higher after the miner announced that the transaction with the Lingbao Gold Group's investment in the New Simberi Gold Project, located in Papua New Guinea, has been approved.\nThe ASX 300 gold stock said that all outstanding conditions precedent regarding the Initial Life of Mine Plan, the Construction Work Program, Budget for New Simberi, and the finalisation of agreements with Kumul Mineral Holdings have now been satisfied.\nLingbao and St Barbara also committed to making a Final Investment Decision (FID) on the New Simberi Gold Project at completion, which is targeted for 1 April.\nSt Barabra expects to book a gain on sale of around $500 on the Lingbao transaction.\nLingbao is acquiring its interest in the New Simberi Gold Project for $370 million in cash. The ASX 300 gold stock said that the retention of its equivalent interest realises a total value of at least $740 million, which is around $500 million more than its expected carrying value for the Simberi business unit prior to Lingbao's investment.\nWhat did management say?\nCommenting on the investment approval boosting the ASX 300 gold stock today, St Barbara managing director and CEO Andrew Strelein said, \"The satisfaction of the final conditions precedent on the Lingbao Transaction allows St Barbara and Lingbao to now move forward to completion.\"\nStrelein added:\nWe anticipate that the Kumul deal will also close on the 1 April 2026 with only two PNG government approvals now required. Any delay with those final approvals does not impact the timing of the completion of the Lingbao Transaction.\nThis is a pivotal moment for St Barbara as we unlock significant immediate value for the company, while opening up a new future for our business as we move to execute the New Simberi Gold Project and deliver value to our shareholders and to our stakeholders in PNG.\nWith today's intraday gains factored in, shares in the ASX 300 gold stock are up 164% in 12 months.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2622837588","isCrawlerRequest":true}