In Case You Missed It: Heavy mineral sands, a biotech takeover and some gold
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Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar.
Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.
Code | Company | Price | % Today | Market Cap |
---|---|---|---|---|
MRQ | Mrg Metals Limited | 0.003 | 50% | $4,411,837 |
WEC | White Energy Company | 0.049 | 44% | $2,325,810 |
VHT | Volpara Health Tech | 1.095 | 41% | $197,140,089 |
CBL | Control Bionics | 0.041 | 24% | $4,780,764 |
RTG | RTG Mining Inc. | 0.033 | 22% | $29,307,947 |
TSI | Top Shelf | 0.2 | 21% | $34,233,517 |
WOA | Wide Open Agricultur | 0.175 | 21% | $25,325,753 |
LRS | Latin Resources Ltd | 0.2275 | 17% | $544,792,209 |
ATH | Alterity Therap Ltd | 0.007 | 17% | $16,814,162 |
LLO | Lion One Metals Ltd | 1.095 | 15% | $14,292,488 |
EXT | Excite Technology | 0.008 | 14% | $8,464,692 |
NES | Nelson Resources. | 0.004 | 14% | $2,147,580 |
BSE | Base Res Limited | 0.125 | 14% | $129,581,304 |
MRR | Minrex Resources Ltd | 0.018 | 13% | $17,357,880 |
ESR | Estrella Res Ltd | 0.005 | 11% | $7,917,173 |
KIN | KIN Min NL | 0.066 | 10% | $70,689,033 |
LNR | Lanthanein Resources | 0.011 | 10% | $12,898,119 |
SGC | Sacgasco Ltd | 0.011 | 10% | $7,735,827 |
PLY | Playside Studios | 0.58 | 9% | $216,260,093 |
LBT | LBT Innovations | 0.012 | 9% | $13,820,998 |
MRG Metals (ASX:MRQ) has been granted a new exploration licence – Corridor North 10779L – over its over Heavy Mineral Sands (HMS) project in Mozambique.
The board of breast cancer imaging device company Volpara Health Technologies (ASX:VHT) has stated the recent takeover offer from Lunit of $1.15 per share in cash, worth around $300 million, ‘provides the most compelling value for shareholders’ and has now entered into a scheme implementation agreement with Lunit.
RTG Mining (ASX:RTG) has confirmed multiple styles of mineralisation and more encouraging gold and copper grades at its 90% owned Chanach gold-copper project in the Kyrgyz Republic.
Wide Open Agriculture (ASX:WOA) German subsidiary, WOA Germany, has sold and delivered its first order of lupin protein isolate since the merger.
And Lion One Metals (ASX:LLO) has reported new high-grade gold results including 1986.23 g/t Au over 0.6m from ongoing infill and grade control drilling at its Tuvatu project in Fiji.
Argenica Therapeutics (ASX:AGN) is progressing its Phase 2 clinical trial in acute ischaemic stroke (AIS) patients, with the manufacturing of its ARG-007 drug substance now complete.
New Age Exploration (ASX:NAE) has reached the end of its 21-hole shallow RC drilling program, testing multiple lithium-caesium-tantalum (LCT) pegmatite targets similar to other spodumene-rich deposits in the area such as Wodgina, Pilgangoora and Andover.
Maximus Resources (ASX:MXR) has completed the first phase of exploration under its US$3m Lefroy lithium project joint venture with the Korea Mine Rehabilitation and Mineral Resources Corporation (KOMIR), reporting high-grade intersections of up to 1.72% Li2O.
AdAlta (ASX:1AD) Phase 1 extension trial of its lead asset AD-214 in Idiopathic Pulmonary Fibrosis (IPF) remains on track for final readout in Q1 2024 with half of participants receiving their final dose.
Drilling results have extended Silver Mines (ASX:SVL) Bowdens silver project, with new intersections to be included in an updated resource estimate due for release early next year.
Brightstar Resources (ASX:BTR) has uncovered numerous outcropping pegmatites over +3km at its Menzies gold project in WA.
Cyclone Metals (ASX:CLE) says the first phase of metallurgical test work from its flagship Block 103/Iron Bear magnetite iron ore project in Canada has produced direct reduction grade magnetite concentrate with 70.6% Fe.
Basin Energy (ASX:BSN) is gearing up for phase two drilling at its Geikie uranium project in Canada’s Athabasca Basin in Q1 2024.
Sultan Resources (ASX:SLZ) has submitted a program of works to facilitate drilling to test the Calesi magmatic nickel prospect in Q1 2024.
QX Resources (ASX:QXR) has confirmed that brines were successfully intersected in the first hole of a two-hole diamond drill program over its Liberty lithium brine project in California, USA.
Spartan Resources (ASX:SPR) has reported a 43% resource increase at its Dalgaranga gold project to 21.15Mt at 2.49g/t gold for 1,692,600 ounces, comprising 5.16Mt at 5.74g/t gold for 952,900 ounces from the Never Never deposit and 15.99Mt at 1.45g/t gold for 739,800 ounces from the Gilbey’s complex.
And Lanthanein Resources (ASX:LNR) says two company directors have completed a site visit to the Lady Grey lithium project, confirming the presence of an outcropping quartz core pegmatite 400m west of Covalent Lithium’s (SQM & Wesfarmers) Earl Grey Mine.
At Stockhead we tell it like it is. While Argenica Therapeutics, New Age Exploration, Maximus Resources, Cyclone Metals, Basin Energy, Brightstar Resources, Sultan Resources, QX Resources, Spartan Resources, AdAlta, Silver Mines and Lanthanein Resources are Stockhead advertisers, they did not sponsor this article.