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In Case You Missed it: Medicinal cannabis acquisitions and double digit gold grades
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Stockhead’s In Case You Missed It highlights some of the 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 |
|---|---|---|---|---|
| CPH | Creso Pharma Ltd | 0.0135 | 23% | $23,507,448 |
| KGD | Kula Gold Limited | 0.013 | 18% | $4,105,331 |
| MRD | Mount Ridley Mines | 0.0035 | 17% | $23,354,649 |
| MTM | MTM Critical Metals | 0.195 | 15% | $15,020,785 |
| GTR | Gti Energy Ltd | 0.008 | 14% | $12,983,105 |
| GT1 | Greentechnology | 0.67 | 12% | $114,443,036 |
| BPH | BPH Energy Ltd | 0.023 | 10% | $19,534,945 |
| KLI | Killiresources | 0.069 | 10% | $2,115,225 |
| CVV | Caravel Minerals Ltd | 0.24 | 9% | $105,420,562 |
| ENR | Encounter Resources | 0.215 | 8% | $71,105,156 |
| RNU | Renascor Res Ltd | 0.215 | 8% | $507,881,500 |
| BC8 | Black Cat Syndicate | 0.525 | 7% | $130,616,582 |
| INR | Ioneer Ltd | 0.3675 | 7% | $723,926,702 |
| DTR | Dateline Resources | 0.017 | 6% | $10,301,113 |
| DYM | Dynamicmetalslimited | 0.175 | 6% | $5,775,000 |
| BSN | Basinenergylimited | 0.105 | 5% | $5,644,000 |
| GRL | Godolphin Resources | 0.065 | 5% | $7,338,906 |
| HOR | Horseshoe Metals Ltd | 0.022 | 5% | $13,418,027 |
| UVA | Uvrelimited | 0.115 | 5% | $3,596,805 |
| FBM | Future Battery | 0.12 | 4% | $49,202,190 |
| SUM | Summitminerals | 0.125 | 4% | $2,967,306 |
| CHR | Charger Metals | 0.52 | 4% | $21,857,184 |
| LKE | Lake Resources | 0.52 | 4% | $711,222,354 |
| REC | Rechargemetals | 0.13 | 4% | $11,849,375 |
| VSR | Voltaic Strategic | 0.028 | 4% | $8,297,106 |
| PSC | Prospect Res Ltd | 0.145 | 4% | $64,716,325 |
| AZL | Arizona Lithium Ltd | 0.0445 | 3% | $115,711,526 |
| HHR | Hartshead Resources | 0.03 | 3% | $81,451,782 |
| OEC | Orbital Corp Limited | 0.155 | 3% | $17,550,500 |
| NKL | Nickelxltd | 0.063 | 3% | $4,865,767 |
| ARU | Arafura Rare Earths | 0.4125 | 3% | $845,345,877 |
| XF1 | Xref Limited | 0.165 | 3% | $29,788,206 |
| GLN | Galan Lithium Ltd | 1.045 | 2% | $313,053,713 |
| SGQ | St George Min Ltd | 0.042 | 2% | $34,460,933 |
| IG6 | Internationalgraphit | 0.225 | 2% | $19,357,384 |
| LEX | Lefroy Exploration | 0.24 | 2% | $37,707,630 |
| EZZ | EZZ Life Science | 0.52 | 2% | $21,779,550 |
| AW1 | Americanwestmetals | 0.057 | 2% | $14,611,807 |
| BNL | Blue Star Helium Ltd | 0.0295 | 2% | $45,998,932 |
| MAU | Magnetic Resources | 0.61 | 2% | $137,707,429 |
| ELS | Elsight Ltd | 0.305 | 2% | $45,095,874 |
| DMM | Dmcmininglimited | 0.067 | 2% | $1,976,700 |
| MEK | Meeka Metals Limited | 0.0345 | 1% | $36,298,704 |
| ASN | Anson Resources Ltd | 0.1875 | 1% | $225,954,875 |
| OSX | Osteopore Limited | 0.081 | 1% | $11,538,281 |
| STK | Strickland Metals | 0.0405 | 1% | $63,590,045 |
| EUR | European Lithium Ltd | 0.1 | 1% | $147,434,678 |
| CRD | Conradasiaenergyltd | 1.6525 | 1% | $158,801,387 |
| ADD | Adavale Resource Ltd | 0.019 | 0% | $9,870,996 |
| AQI | Alicanto Min Ltd | 0.038 | 0% | $20,532,799 |
| ALM | Alma Metals Ltd | 0.01 | 0% | $9,140,008 |
| ANX | Anax Metals Ltd | 0.073 | 0% | $29,885,822 |
| AEE | Aura Energy | 0.18 | 0% | $93,023,556 |
| AYT | Austin Metals Ltd | 0.005 | 0% | $5,079,373 |
| BEZ | Besragoldinc | 0.22 | 0% | $77,849,615 |
| BTR | Brightstar Resources | 0.014 | 0% | $11,656,804 |
| CSF | Catalanoseafoodltd | 0.077 | 0% | $2,595,208 |
| CWX | Carawine Resources | 0.095 | 0% | $18,697,659 |
| CLZ | Classic Min Ltd | 0.001 | 0% | $5,546,744 |
| CNJ | Conico Ltd | 0.0085 | 0% | $13,345,807 |
| CZN | Corazon Ltd | 0.015 | 0% | $9,154,958 |
| CLE | Cyclone Metals | 0.0015 | 0% | $13,633,872 |
| DNK | Danakali Limited | 0.41 | 0% | $151,017,082 |
| DM1 | Desert Metals | 0.105 | 0% | $7,616,813 |
| EMT | Emetals Limited | 0.008 | 0% | $6,800,000 |
| EM2 | Eagle Mountain | 0.115 | 0% | $35,071,189 |
| EVG | Evion Group NL | 0.046 | 0% | $15,705,930 |
| FXG | Felix Gold Limited | 0.1 | 0% | $10,980,640 |
| FHE | Frontier Energy Ltd | 0.44 | 0% | $112,177,994 |
| GSM | Golden State Mining | 0.03 | 0% | $3,510,426 |
| GRE | Greentechmetals | 0.17 | 0% | $5,489,300 |
| IPT | Impact Minerals | 0.013 | 0% | $32,257,817 |
| INF | Infinity Lithium | 0.1225 | 0% | $56,667,531 |
| LRS | Latin Resources Ltd | 0.135 | 0% | $341,323,414 |
| LEL | Lithenergy | 0.765 | 0% | $46,014,750 |
| MCT | Metalicity Limited | 0.002 | 0% | $7,009,079 |
| MOM | Moab Minerals Ltd | 0.01 | 0% | $6,819,635 |
| MOH | Moho Resources | 0.017 | 0% | $3,530,257 |
| M2M | Mtmalcolmminesnl | 0.032 | 0% | $1,992,832 |
| NWC | New World Resources | 0.039 | 0% | $82,114,190 |
| NWM | Norwest Minerals | 0.034 | 0% | $8,410,621 |
| PAT | Patriot Lithium | 0.25 | 0% | $15,221,876 |
| PFE | Panteraminerals | 0.085 | 0% | $4,377,595 |
| RMX | Red Mount Min Ltd | 0.004 | 0% | $9,087,404 |
| SIX | Sprintex Ltd | 0.036 | 0% | $9,156,756 |
| SPN | Sparc Tech Ltd | 0.275 | 0% | $23,552,560 |
| STM | Sunstone Metals Ltd | 0.03 | 0% | $78,613,393 |
| SOR | Strategic Elements | 0.125 | 0% | $55,866,680 |
| SKN | Skin Elements Ltd | 0.012 | 0% | $5,593,619 |
| SLZ | Sultan Resources Ltd | 0.041 | 0% | $4,234,660 |
| T88 | Taitonresources | 0.21 | 0% | $10,820,154 |
| TTM | Titan Minerals | 0.059 | 0% | $83,265,118 |
| TBA | Tombola Gold Ltd | 0.026 | 0% | $33,129,243 |
| VAR | Variscan Mines Ltd | 0.019 | 0% | $6,044,297 |
| VMS | Venture Minerals | 0.018 | 0% | $31,850,237 |
| VTM | Victory Metals Ltd | 0.3 | 0% | $16,217,009 |
| WWI | West Wits Mining Ltd | 0.015 | 0% | $33,645,259 |
| WA8 | Warriedarresourltd | 0.13 | 0% | $56,037,646 |
| FFG | Fatfish Group | 0.015 | 0% | $16,322,983 |
| IOU | Ioupay Limited | 0.041 | 0% | $23,463,295 |
| NC6 | Nanollose Limited | 0.047 | 0% | $6,997,659 |
| OMA | Omegaoilgaslimited | 0.215 | 0% | $32,878,690 |
| QEM | QEM Limited | 0.22 | 0% | $29,786,177 |
| SIS | Simble Solutions | 0.008 | 0% | $4,823,606 |
| DEG | De Grey Mining | 1.585 | -1% | $2,497,867,064 |
| HCH | Hot Chili Ltd | 0.975 | -1% | $117,653,528 |
| PTX | Prescient Ltd | 0.096 | -1% | $78,086,920 |
| SVM | Sovereign Metals | 0.43 | -1% | $204,830,635 |
| POD | Podium Minerals | 0.076 | -1% | $25,915,037 |
| PGD | Peregrine Gold | 0.36 | -1% | $20,477,453 |
| IPX | Iperionx Limited | 0.985 | -2% | $172,663,115 |
| HGO | Hillgrove Res Ltd | 0.054 | -2% | $87,283,405 |
| IXR | Ionic Rare Earths | 0.026 | -2% | $104,571,780 |
| REE | Rarex Limited | 0.051 | -2% | $30,128,102 |
| ITM | Itech Minerals Ltd | 0.245 | -2% | $29,233,391 |
| ATC | Altech Batt Ltd | 0.094 | -2% | $136,969,523 |
| M2R | Miramar | 0.041 | -2% | $3,281,113 |
| MAT | Matsa Resources | 0.039 | -3% | $16,480,295 |
| RLF | Rlfagtechltd | 0.19 | -3% | $17,722,227 |
| KNG | Kingsland Minerals | 0.18 | -3% | $5,816,371 |
| HAL | Halo Technologies | 0.15 | -3% | $20,071,758 |
| CUS | Coppersearchlimited | 0.3 | -3% | $16,366,417 |
| EVS | Envirosuite Ltd | 0.087 | -3% | $113,544,003 |
| TMK | TMK Energy Limited | 0.014 | -3% | $72,863,650 |
| GBZ | GBM Rsources Ltd | 0.028 | -3% | $16,331,657 |
| HRE | Heavy Rare Earths | 0.135 | -4% | $8,328,310 |
| AZS | Azure Minerals | 0.395 | -4% | $159,996,790 |
| BUR | Burleyminerals | 0.26 | -4% | $16,581,876 |
| NFL | Norfolkmetalslimited | 0.13 | -4% | $4,093,874 |
| NIS | Nickelsearch | 0.073 | -4% | $4,598,412 |
| PEX | Peel Mining Limited | 0.115 | -4% | $69,692,144 |
| DCC | Digitalx Limited | 0.044 | -4% | $34,293,876 |
| IHL | Incannex Healthcare | 0.11 | -4% | $182,506,191 |
| ICI | Icandy Interactive | 0.041 | -5% | $57,714,844 |
| G88 | Golden Mile Res Ltd | 0.02 | -5% | $5,532,077 |
| MZZ | Matador Mining Ltd | 0.074 | -5% | $24,587,069 |
| GSR | Greenstone Resources | 0.018 | -5% | $23,052,100 |
| RFX | Redflow Limited | 0.175 | -5% | $33,258,257 |
| WNX | Wellnex Life Ltd | 0.06 | -6% | $26,271,169 |
| LNR | Lanthanein Resources | 0.017 | -6% | $20,188,360 |
| EYE | Nova EYE Medical Ltd | 0.25 | -6% | $50,436,892 |
| BPM | BPM Minerals | 0.075 | -6% | $5,277,777 |
| TGM | Theta Gold Mines Ltd | 0.075 | -6% | $49,852,154 |
| DXB | Dimerix Ltd | 0.079 | -7% | $27,114,980 |
| OBM | Ora Banda Mining Ltd | 0.14 | -7% | $241,671,034 |
| PAA | Pharmaust Limited | 0.081 | -7% | $27,571,377 |
| MME | Moneyme Limited | 0.13 | -7% | $39,654,612 |
| PHO | Phosco Ltd | 0.077 | -7% | $22,776,308 |
| PIM | Pinnacleminerals | 0.125 | -7% | $3,452,625 |
| CUF | Cufe Ltd | 0.012 | -8% | $12,559,461 |
| RGL | Riversgold | 0.023 | -8% | $23,636,693 |
| MRR | Minrex Resources Ltd | 0.0155 | -9% | $18,442,748 |
| SP3 | Specturltd | 0.02 | -9% | $4,417,267 |
| VAL | Valor Resources Ltd | 0.0045 | -10% | $19,015,174 |
| RML | Resolution Minerals | 0.0045 | -10% | $6,261,539 |
| NET | Netlinkz Limited | 0.009 | -10% | $34,932,506 |
| RML | Resolution Minerals | 0.0045 | -10% | $6,261,539 |
| RLG | Roolife Group Ltd | 0.008 | -11% | $6,444,523 |
| MKG | Mako Gold | 0.031 | -11% | $16,507,798 |
| OCN | Oceanalithiumlimited | 0.285 | -12% | $12,732,363 |
| PIL | Peppermint Inv Ltd | 0.007 | -13% | $16,302,855 |
| ADX | ADX Energy Ltd | 0.006 | -14% | $24,742,372 |
| GMN | Gold Mountain Ltd | 0.003 | -14% | $6,894,764 |
| GNM | Great Northern | 0.002 | -20% | $4,272,627 |
Shares in medicinal cannabis company Creso Pharma (ASX:CPH) charged out the gate this morning on news that its scheme agreement to acquire 100% of the issued capital in Health House International (ASX:HHI) has been approved by the Supreme Court of Western Australia.
HHI is an international pharmaceutical distributor, specialising in the distribution of medicinal cannabis products in Australia and international markets across the United Kingdom and Europe.
Health House generated $5.95m in cash receipts for the three-month period ending on March 31, which marked a 10.1% increase on the prior period.
The acquisition broadens Creso Pharma’s global distribution and provides another growing revenue channel for the distribution of medicinal cannabis.
High grade goldie Black Cat Syndicate (ASX:BC8), continues to sink its teeth into sweet mineralised veins with nuggety gold including a bonanza grade intercept within the Main Zone of its Paulsens operation in the Pilbara.
Today’s results, which includes assays such as 0.55m grading 73 grams per tonne (g/t) gold from 98.48m, 1.64m at 10.23g/t gold from 42.36m and 0.55m at 36.2g/t gold from 37.3m indicate that the current underground resource of 258,000oz at 10.8g/t gold is due for a big uptick that will also unlock more mining opportunities.
BC8 also noted that the results illustrate the grade and geological continuity of the target Gabbro Veins along a 1,200m plunge length, with many of the veins open along strike.
Drilling at Loyal Lithium’s (ASX:LLI) Scotty lithium project in Nevada, USA is now 50% complete after intersecting large intervals of sedimentary clays from near surface to a depth of 170m, confirming the MT-implied sediment basin in the northern area.
It is anticipated that the drilling, sampling procedures, and assaying techniques will allow for the estimation of a maiden JORC lithium resource, subject to assay results.
For the time being, drilling is continuing ahead of targeted completion in June.
And Hammer Metals (ASX:HMX) is up on news of a mineral resource upgrade to its Kalman copper-silver-molybdenum-rhenium deposit in Queensland’s Mt Isa region.
The company says the new mineral resource estimate (MRE) represents a 39% increase in the contained metal within the deposit, positioning Hammer with one of the largest undeveloped mineral inventories in the region.
The new MRE now sits at 39.2Mt at 1.07% recovered copper equivalent at 0.53% copper, 0.27 g/t gold, 0.10% molybdenum, 1.5 g/t silver and 2.1 g/t rhenium.
Recent drilling has also returned an additional 10Mt of material to the Indicated categorisation within the MRE (a 141% increase on the 2016 MRE) and the overall proportion of Indicated to Inferred material has improved by ~25%.
At Stockhead we tell it like it is. While Creso Pharma and Black Cat Syndicate are Stockhead advertisers, they did not sponsor this article.
