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In Case You Missed It: Lithium, lithium, some cannabis … and more lithium

Pic: via Getty Images.

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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 % Today Market Cap
CLE Cyclone Metals 0.0015 50% $9,089,248
BUR Burleyminerals 0.29 26% $14,125,301
MME Moneyme Limited 0.13 24% $29,740,959
VSR Voltaic Strategic 0.06 20% $15,365,011
VMS Venture Minerals 0.02 18% $30,080,779
IHL Incannex Healthcare 0.135 17% $182,506,191
GMN Gold Mountain Ltd 0.0035 17% $5,909,798
SLZ Sultan Resources Ltd 0.043 16% $3,821,522
NWM Norwest Minerals 0.034 13% $7,421,136
GT1 Greentechnology 0.76 13% $128,748,415
PAT Patriot Lithium 0.275 12% $14,917,438
PIL Peppermint Inv Ltd 0.01 11% $18,340,712
MAU Magnetic Resources 0.55 10% $118,080,944
HRE Heavy Rare Earths 0.12 9% $6,543,672
AQI Alicanto Min Ltd 0.04 8% $19,992,462
T88 Taitonresources 0.2 8% $9,532,041
CVV Caravel Minerals Ltd 0.27 8% $119,796,093
IPT Impact Minerals 0.014 8% $36,981,151
KNG Kingsland Minerals 0.28 8% $8,174,359
BTR Brightstar Resources 0.015 7% $11,656,804
M2R Miramar 0.046 7% $3,456,415
AZS Azure Minerals 0.495 6% $181,459,773
MOM Moab Minerals Ltd 0.0085 6% $5,455,708
LEL Lithenergy 1.05 6% $59,548,500
HOR Horseshoe Metals Ltd 0.02 5% $12,140,120
VTM Victory Metals Ltd 0.215 5% $13,644,123
EYE Nova EYE Medical Ltd 0.22 5% $39,968,858
BPH BPH Energy Ltd 0.023 5% $20,465,181
IPX Iperionx Limited 0.92 5% $168,880,938
REE Rarex Limited 0.046 5% $29,404,120
ENR Encounter Resources 0.28 4% $95,991,961
KGD Kula Gold Limited 0.014 4% $5,038,361
TMK TMK Energy Limited 0.015 3% $72,863,650
AZL Arizona Lithium Ltd 0.0485 3% $126,475,388
HCH Hot Chili Ltd 1.015 3% $117,653,528
REC Rechargemetals 0.17 3% $15,641,175
KLI Killiresources 0.072 3% $2,350,250
ANX Anax Metals Ltd 0.073 3% $29,067,033
SGQ St George Min Ltd 0.04 3% $32,779,911
EUR European Lithium Ltd 0.1025 3% $148,923,918
LKE Lake Resources 0.635 2% $881,915,718
INF Infinity Lithium 0.1125 2% $50,885,130
ARU Arafura Rare Earths 0.3975 2% $824,212,230
FXG Felix Gold Limited 0.085 1% $9,223,737
SVM Sovereign Metals 0.45 1% $209,539,385
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Voltaic Strategic Resources (ASX:VSR) has completed tranche 1 of a placement to raise approximately $3.1 million to support the acceleration of exploration programs at the company’s Ti Tree lithium and Paddys Well rare earths projects in WA.

“Proceeds from the Placement will enable us to systematically and rapidly advance exploration programs at our flagship projects and upscale our operational activities,” CEO Michael Walshe said.

“ With this transformational Placement, Voltaic is now well funded to drill a number of key Lithium and Rare Earth targets across both our Ti Tree and Paddys Well Projects.” 

More lithium news with junior Pan Asia Metals (ASX:PAM) signing an MOU with Vietnamese battery maker VinES Energy Solutions to evaluate the construction of a standalone lithium conversion facility in an industrial zone close to VinES’s battery plant.

The evaluation will consider an initial 20,000-25,000 tonne per annum capacity to produce LCE and lithium hydroxide, supported by PAM’s lithium projects in the region, including its Reung Kiet and Kata Thong lithium projects in Thailand.

“This is a significant step towards achieving our strategy focused on developing an integrated supply chain to cost-effectively deliver relevant and in-demand products to the Li-ion battery market in South-East Asia,” PAM boss Paul Lock said.

Cannabis company Epsilon Healthcare (ASX:EPN) appointed a new CEO in Peter Giannopoulos who was most recently CEO of Cell Therapie, and previously led the diversification of Australia’s largest private hospital provider, Ramsay Healthcare (ASX:RHC) as the CEO of the Ramsay Pharmacy Group over a 12-year period.

Green Technology Metals’ (ASX:GT1) strategy of building a vertically integrated lithium business in Ontario has received a major endorsement from top tier battery manufacturer LG Energy Solution who will invest A$20m in GT1 equity at A$0.92 per share, to become a substantial shareholder.

The company also nabbed an offtake term sheet to sell LGES 25% of its spodumene concentrate production from its Seymour project for a period of 5 years from the commencement of commercial production.

And Imugene (ASX:IMU) has scored US FDA Investigational New Drug (IND) clearance to initiate a Phase 1 clinical study of its oncolytic virotherapy candidate, onCARlytics.

The clearance allows Imugene to start patient recruitment and dosing of CARlytics (CF33-CD19) combined with blinatumomab in patients with advanced or metastatic solid tumors.

 

At Stockhead we tell it like it is. While Voltaic Strategic Resources and Green Technology Metals are Stockhead advertisers, they did not sponsor this article. 

Categories: News

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