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In Case You Missed It: Lithium, edtech in India and base metals players hit the gas
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Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.
It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms.
ICYMI Leader Board
Stocks highlighted in green have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Market Cap |
|---|---|---|---|---|
| CHR | Charger Metals | 0.44 | 19% | $16,174,316 |
| BTR | Brightstar Resources | 0.016 | 14% | $11,656,804 |
| VSR | Voltaic Strategic | 0.024 | 14% | $6,453,304 |
| G88 | Golden Mile Res Ltd | 0.021 | 11% | $5,005,213 |
| DYM | Dynamicmetalslimited | 0.175 | 9% | $5,600,000 |
| DXB | Dimerix Ltd | 0.105 | 9% | $30,803,872 |
| LEX | Lefroy Exploration | 0.295 | 9% | $43,323,661 |
| IPT | Impact Minerals | 0.013 | 8% | $29,776,447 |
| RFX | Redflow Limited | 0.205 | 8% | $34,146,679 |
| VTM | Victory Metals Ltd | 0.25 | 6% | $12,647,394 |
| PFE | Panteraminerals | 0.085 | 6% | $4,120,090 |
| WWI | West Wits Mining Ltd | 0.017 | 6% | $35,888,276 |
| ATC | Altech Batt Ltd | 0.105 | 6% | $141,249,821 |
| BPH | BPH Energy Ltd | 0.02 | 5% | $16,674,379 |
| TTM | Titan Minerals | 0.064 | 5% | $86,087,664 |
| NIS | Nickelsearch | 0.094 | 4% | $5,445,488 |
| ITM | Itech Minerals Ltd | 0.25 | 4% | $28,064,055 |
| IXR | Ionic Rare Earths | 0.026 | 4% | $98,652,623 |
| GBZ | GBM Rsources Ltd | 0.029 | 4% | $15,768,496 |
| GRL | Godolphin Resources | 0.088 | 4% | $10,061,403 |
| STM | Sunstone Metals Ltd | 0.034 | 3% | $86,474,732 |
| QEM | QEM Limited | 0.185 | 3% | $24,325,842 |
| IPX | Iperionx Limited | 1.155 | 3% | $194,246,004 |
| NC6 | Nanollose Limited | 0.046 | 2% | $6,699,887 |
| SGQ | St George Min Ltd | 0.05 | 2% | $41,185,017 |
| REE | Rarex Limited | 0.057 | 2% | $32,445,648 |
| EUR | European Lithium Ltd | 0.086 | 1% | $126,585,330 |
| RNU | Renascor Res Ltd | 0.2275 | 1% | $571,366,687 |
Bumping resources out of top spot today was
Voltaic Strategic Resources (ASX:VSR) is gearing up for maiden lithium drilling at its Ti Tree project in Western Australia’s Gascoyne region following approval for its Program of Work.
The program will test four areas of high priority geochemical anomalism where multiple pegmatites have been mapped at surface within the Andrada prospect.
“Geophysical and remote sensing surveys will soon commence to generate additional targets and provide detailed structural data on the pegmatites,” CEO Michael Walshe said.
“Additionally, we will be one of the first in the region to trial a surface gravity survey as a means for differentiating pegmatites from country rock. This method has shown to be highly effective for LCT exploration in other regions with similar geology.”
OpenLearning (ASX:OLL) saw its platform’s SaaS annual recurring revenue (ARR) increase by 19% YoY to $1.788m as at the end of Q1 FY23.
ARR per customer increased 36% YoY to $7,948, driven by new customer subscriptions and increased usage from existing customers.
But the growth doesn’t stop there; the company signed a Distribution and SaaS Reseller Agreement with ECA to launch OpenLearning India during the quarter which will bring the Company’s SaaS Platform and a marketplace of short courses, micro-credentials, and online degrees to the Indian market.
It’s a massive market opportunity because India has one of the world’s largest higher education sectors with 1,043 universities, 42,343 colleges, and 11,779 stand-alone institutions. The country also has the largest college-age population, projected to reach 126 million by 2026.
And Cazaly Resources (ASX:CAZ) has been busy at its African projects during the quarter, applying for a 790km2 exploration licence at its Abenab North REE and base metals project and wrapping up on +100km2 geochemical lithium target at the Kaoko lithium, copper, cobalt and base metals project – both in Nambia.
At its West Aussie projects, the company has identified three new EM trends at the Ashburton REE, gold, copper and base metals project and has a scoping study underway with Auking Mining at the Halls Creek copper, zinc, silver project.
At Stockhead we tell it like it is. While Voltaic Strategic Resources is a Stockhead advertiser, it did not sponsor this article.
