In Case You Missed It: It’s wall to wall lithium for the W
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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, who made announcements today.
Code | Company | Price | % Today | Market Cap |
---|---|---|---|---|
PLN | Pioneer Lithium | 0.35 | 75% | $5,685,000 |
FL1 | First Lithium Ltd | 0.29 | 61% | $12,609,300 |
LPI | Lithium Pwr Int Ltd | 0.34 | 31% | $163,601,766 |
VAR | Variscan Mines Ltd | 0.014 | 27% | $3,922,762 |
MTC | Metalstech Ltd | 0.215 | 26% | $32,062,780 |
IVX | Invion Ltd | 0.005 | 25% | $25,686,529 |
AEV | Avenira Limited | 0.012 | 20% | $17,300,072 |
TMG | Trigg Minerals Ltd | 0.012 | 20% | $2,013,846 |
ODE | Odessa Minerals Ltd | 0.013 | 18% | $10,418,230 |
DMM | Dmcmininglimited | 0.068 | 17% | $1,737,100 |
1AI | Algorae Pharma | 0.015 | 15% | $21,264,623 |
CKA | Cokal Ltd | 0.12 | 14% | $113,289,643 |
AQI | Alicanto Min Ltd | 0.045 | 13% | $24,513,472 |
GCX | GCX Metals Limited | 0.058 | 12% | $9,660,492 |
GSN | Great Southern | 0.022 | 10% | $14,303,473 |
JBY | James Bay Minerals | 0.395 | 10% | $11,680,200 |
AXN | Alliance Nickel Ltd | 0.069 | 10% | $44,925,696 |
NHE | Nobleheliumlimited | 0.2025 | 9% | $47,800,198 |
QXR | Qx Resources Limited | 0.024 | 9% | $19,730,971 |
ALV | Alvomin | 0.19 | 9% | $13,386,820 |
Canadian focused explorer Pioneer Lithium (ASX:PLN) has commenced trading on the ASX today under the code PLN after an oversubscribed $5m IPO.
Chilean brine explorer Lithium Power International (ASX:LPI) has confirmed media speculation that discussions are underway with Corporación Nacional del Cobre de Chile about a potential transaction.
Variscan Mines (ASX:VAR) says underground drilling is well advanced at its Novales-Udias project in Spain as the company prepares to produce a mine restart study.
Lithium explorer MetalsTech (ASX:MTC) has added “highly respected lithium industry executive” Robert Sills to the board as a non-executive technical director.
And DMC Mining (ASX:DMM) has kicked off exploration along a 27.5 km anomalous lithium zone at its Talon Ridge project in WA.
More Top Small Cap Stories: Thursday
James Bay Minerals (ASX:JBY) has discovered large, fractionated pegmatite at its Aero property – part of the La Grande project in James Bay, Canada – during maiden field exploration.
Alvo Minerals (ASX:ALV) has hit thick, high-grade REEs of 6m at 2,537ppm TREO, including 3m at 3,415ppm TREO (24% MREO) at its Bluebush project in Brazil.
MTM Critical Metals (ASX:MTM) has flagged TREO assays up to 1.62% at its Pomme project in Quebec, Canada.
Locksley Resources (ASX:LKY) has confirmed rare earths potential at its Mojave project, just 1.5kms from the massive Mountain Pass REE mine in California.
Metal Hawk (ASX:MHK) has uncovered 11 nickel targets at its Yarmany project in WA for future drilling.
Alicanto Minerals (ASX:AQI) has commenced diamond drilling of brownfields targets at the historic Falun copper-gold mine in Sweden.
The Pre-Feasibility Study (PFS) for Sovereign Metals (ASX:SVM) Kasiya project in Malawi has flagged that it could become the world’s largest rutile producer at 222,000tpa for an initial 25-year mine life, delivering a total revenue of US$16bn and an annual EBITDA of US$415m.
Basin Energy (ASX:BSN) has identified priority uranium targets at its Marshall project in Canada’s world-class Athabasca Basin.
Anson Resources (ASX:ASN) has defined 13 new nickel-copper-platinum group elements (PGE) exploration targets at its Hooley Well project in WA.
The Preliminary Economic Assessment (PEA) for Latin Resources (ASX:LRS) Colina lithium project in Brazil has highlighted an Average LOM annual production of 405,000 tpa 5.5% Li2O spodumene concentrate, after-tax NPV8% of 3.6bn, an IRR of 132%, and total LOM revenue of $12.6bn.
Uvre (ASX:UVA) says an airborne radiometric and magnetic survey completed at its East Canyon uranium vanadium project in Utah has defined two major trends – Loya Ray at 2.4kms and East-West at 5kms.
Golden Mile Resources (ASX:G88) has wrapped up RC drilling at the Yuinmery gold project in WA and plans to start soil sampling to further refine targets.
De Grey Mining’s (ASX:DEG) definitive feasibility study (DFS) says the hemi discovery will deliver a whopping 530,000ozpa over its first decade of life and 553,000oz across its first five years from a 6Moz reserve at a grade of 1.5g/t Au.
Cavalier Resources (ASX:CVR) has identified over 277 untested anomalies at Cavalier Resources’ Ella’s Rock lithium-gold-nickel project in WA.
GCX Metals (ASX:GCX) has spotted a large-scale magmatic nickel-copper-PGE target at its newly acquired Dante project in WA.
Lithium Universe (ASX:LU7) has appointed veteran lithium plant builder Primero to design a 1Mtpa spodumene concentrator for its Canadian assets in the prolific James Bay region.
QX Resources (ASX:QXR) says the acquisition of the Liberty lithium brine project in the USA is progressing, and that its made an agreement to acquire some adjacent claims from a third party in the meantime.
RooLife Group (ASX:RLG) has secured a $1m convertible loan funding to drive sales growth via expanded channels into China.
And Jayride (ASX:JAY) has completed a $400,000 placement and launched an up to $2.2m entitlement offer at a share price of 6.5c.
At Stockhead we tell it like it is. While James Bay Minerals, Alvo Minerals, MTM Critical Metals, Locksley Resources, Pioneer Lithium, Metal Hawk, Alicanto Minerals, Variscan Mines, Sovereign Metals, Basin Energy, Anson Resources, Latin Resources, Uvre, Golden Mile Resources, DeGrey Mining, Cavalier Resources, GCX Metals, Lithium Universe, QX Resources, Roolife Group and Jayride are Stockhead advertisers, they did not sponsor this article.