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BNZ

Benz Mining Corp CDI

Metals and Mining

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Materials

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About Benz Mining Corp CDI

Benz Mining (ASX:BNZ), a gold explorer, has surged on a large exploration target at its Western Australian project. In July 2026, Milford reported Benz rose 33% following release of a 10 million to 12 million ounce exploration target at its Glenburgh project and encouraging drilling, and Firetrail noted that while it is usually wary of exploration targets, Glenburgh's scale stands out. Phoenix Growth Fund, which met CEO Mark Lynch-Staunton to discuss the evolving project, earlier reported a 26% fall in March as precious metals positions sold off. Benz Mining operates in the Materials sector within the Metals and Mining industry, and Thesis Tracker has captured 9 comments from 4 fund managers, including Milford, Firetrail and Phoenix Growth Fund. Founded in 2011 and based in Vancouver, Benz Mining explores the Glenburgh gold project in Western Australia's Gascoyne region and holds the Eastmain gold project in Quebec, Canada.

SOURCE

ACTION

FUND MANAGER

DATE

Milford Asset Management continues to hold Benz Mining because a newly released 10-12 million ounce exploration target at Glenburgh, combined with encouraging subsequent drill results, reinforces its view that the project could evolve into a district-scale, larger emerging Australian gold system. The stock rose 32.7% on this news. Milford frames the update as validating the scale potential of the asset rather than signalling any change to the fund's position.

Monthly Report

31 Jul 2026

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Milford Asset Management

No Change

Monthly Report

Commentary

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There are 9 comments from 4 fund managers regarding Benz Mining Corp CDI (ASX:BNZ).

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Price

$4.53

$1.25

$5.56

Market cap

$2B

Sector

Materials

Fund managers

4 managers

First covered

30 Apr 2025

Last updated

31 July 2026

Company Details

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​§ Important Notice

The entries below are records originating from third-party statements. Thesis Tracker does not rank, recommend or endorse any fund manager, fund or security. Investment decisions should be made on the basis of the relevant Product Disclosure Statement and, where appropriate, advice from a licensed adviser.

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Frequently asked questions about Benz Mining Corp CDI (ASX:BNZ)

Frequently asked questions

Who is investing in Benz Mining Corp CDI (ASX:BNZ)?

Fund managers including Endeavor Asset Management, Phoenix Growth Fund, Milford Asset Management and Firetrail Investments have invested in Benz Mining Corp CDI (ASX:BNZ).

What opportunities or catalysts do fund managers highlight for Benz Mining Corp CDI?

Milford, Firetrail and Phoenix highlight Glenburgh's maiden 10 million to 12 million ounce exploration target and encouraging drilling, pointing to a potentially district-scale gold system.

What are the key risks to the Benz Mining Corp CDI investment thesis, according to fund managers?

Phoenix notes a 26% fall when precious metals sold off, and Firetrail cautions that exploration targets are conceptual and not yet defined resources.

What is the short interest in Benz Mining Corp CDI (ASX:BNZ)?

The short interest in Benz Mining Corp CDI (ASX:BNZ) is 0.08% which makes it the 424th most shorted stock on the ASX. Of the 208.8M shares that Benz Mining Corp CDI has on issue, 164.3K have been sold short.

What does Benz Mining Corp CDI (ASX:BNZ) do?

Benz Mining Corp. is a Vancouver-based mining company founded on November 9, 2011. The firm specializes in the acquisition, exploration, and exploitation of mineral properties. Its project portfolio includes the Eastmain, Mel Zinc-Lead-Barite, and Mel Main Zone assets. Benz Mining Corp. focuses on resource development within Canada, providing investors with direct exposure to mineral exploration activities across its key geological properties.

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