Pic: via Getty Images.
In Case You Missed It: Rare earths, rare earths, a biotech and more rare earths
News
share
Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped below the radar 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 | Volume | Market Cap |
|---|---|---|---|---|---|
| CLZ | Classic Min Ltd | 0.0015 | 50% | 65,569,433 | $2,913,095 |
| G88 | Golden Mile Res Ltd | 0.028 | 40% | 11,262,377 | $5,268,645 |
| MCT | Metalicity Limited | 0.0025 | 25% | 2,857,704 | $7,009,079 |
| GMN | Gold Mountain Ltd | 0.0035 | 17% | 7,250,000 | $5,909,798 |
| MRD | Mount Ridley Mines | 0.0035 | 17% | 666,251 | $23,354,649 |
| BEZ | Besragoldinc | 0.19 | 15% | 11,176,497 | $58,387,212 |
| OSX | Osteopore Limited | 0.1 | 15% | 72,354 | $10,782,337 |
| DCC | Digitalx Limited | 0.041 | 14% | 2,430,743 | $26,838,685 |
| RGL | Riversgold | 0.017 | 13% | 2,122,547 | $14,182,016 |
| VSR | Voltaic Strategic | 0.02 | 11% | 2,851,765 | $5,531,404 |
| IPT | Impact Minerals | 0.011 | 10% | 979,317 | $24,813,706 |
| EYE | Nova EYE Medical Ltd | 0.285 | 10% | 214,980 | $43,390,878 |
| SIS | Simble Solutions | 0.012 | 9% | 80,000 | $6,632,458 |
| BUR | Burleyminerals | 0.25 | 9% | 5,556 | $14,125,301 |
| IXR | Ionic Rare Earths | 0.025 | 9% | 32,390,785 | $90,760,413 |
| BNL | Blue Star Helium Ltd | 0.029 | 7% | 5,085,526 | $42,826,592 |
| REE | Rarex Limited | 0.059 | 7% | 2,105,675 | $31,866,262 |
| ARD | Argent Minerals | 0.015 | 7% | 5,708,061 | $16,470,737 |
| CZN | Corazon Ltd | 0.016 | 7% | 4,994 | $9,154,958 |
| ELS | Elsight Ltd | 0.32 | 7% | 47,919 | $45,095,874 |
| IPX | Iperionx Limited | 0.85 | 6% | 297,152 | $138,130,492 |
| KGD | Kula Gold Limited | 0.017 | 6% | 172,320 | $5,971,391 |
| ASN | Anson Resources Ltd | 0.175 | 6% | 2,326,512 | $201,527,321 |
| AZS | Azure Minerals | 0.45 | 6% | 3,246,361 | $165,850,331 |
| DTR | Dateline Resources | 0.018 | 6% | 52,500 | $10,857,637 |
| CNJ | Conico Ltd | 0.0095 | 6% | 2,847,000 | $13,544,717 |
| TTM | Titan Minerals | 0.058 | 5% | 837,731 | $77,620,025 |
| EZZ | EZZ Life Science | 0.4375 | 5% | 2,177 | $17,722,575 |
| INR | Ioneer Ltd | 0.305 | 5% | 3,428,324 | $608,518,097 |
| SLZ | Sultan Resources Ltd | 0.041 | 5% | 6,694 | $4,028,091 |
| GSR | Greenstone Resources | 0.023 | 5% | 2,086,683 | $26,568,937 |
| BC8 | Black Cat Syndicate | 0.47 | 4% | 860,128 | $119,954,004 |
| ANX | Anax Metals Ltd | 0.073 | 4% | 103,138 | $28,657,638 |
| MEK | Meeka Metals Limited | 0.05 | 4% | 1,778,274 | $51,245,229 |
| ENR | Encounter Resources | 0.14 | 4% | 260,864 | $47,995,980 |
| OBM | Ora Banda Mining Ltd | 0.14 | 4% | 1,190,003 | $217,468,923 |
| EM2 | Eagle Mountain | 0.15 | 3% | 1,186,282 | $44,220,195 |
| GLN | Galan Lithium Ltd | 1.05 | 3% | 656,711 | $311,519,136 |
| GRE | Greentechmetals | 0.09 | 3% | 100,553 | $2,809,230 |
| PSC | Prospect Res Ltd | 0.155 | 3% | 156,596 | $69,338,919 |
| PHO | Phosco Ltd | 0.0865 | 3% | 21,741 | $23,050,722 |
| MAU | Magnetic Resources | 0.7 | 3% | 32,365 | $156,068,419 |
| VMS | Venture Minerals | 0.0175 | 3% | 2,477,765 | $30,034,029 |
| LNR | Lanthanein Resources | 0.018 | 3% | 4,625,100 | $19,627,572 |
| FBM | Future Battery | 0.077 | 3% | 465,644 | $32,088,385 |
| STK | Strickland Metals | 0.04 | 3% | 87,002 | $60,642,222 |
| CWX | Carawine Resources | 0.095 | 2% | 34,822 | $18,304,025 |
| ARU | Arafura Rare Earths | 0.49 | 2% | 21,402,060 | $1,014,271,596 |
| DXB | Dimerix Ltd | 0.098 | 2% | 471,713 | $30,803,872 |
| ITM | Itech Minerals Ltd | 0.245 | 2% | 233,989 | $28,064,055 |
| EVS | Envirosuite Ltd | 0.1 | 2% | 137,477 | $123,636,804 |
| SGQ | St George Min Ltd | 0.054 | 2% | 44,803 | $44,547,059 |
| PAT | Patriot Lithium | 0.275 | 2% | 437,955 | $16,439,626 |
| LKE | Lake Resources | 0.4625 | 2% | 4,239,443 | $647,212,342 |
| EUR | European Lithium Ltd | 0.072 | 1% | 815,857 | $105,735,981 |
| MAT | Matsa Resources | 0.045 | 1% | 132,060 | $18,334,206 |
| PFE | Panteraminerals | 0.092 | 1% | 48,000 | $4,686,602 |
| CRD | Conradasiaenergyltd | 1.735 | 1% | 3,803 | $166,547,796 |
Today was all about Rare Earths, as Stockhead’s Reuben Adams succinctly puts it ASX REE stocks have surged on a threat from China to throttle exports – which you can read more about here.
Great timing for Prospech (ASX:PRS) to unveil a potential REE monster at the recently acquired Jokikangas project in Finland, with highlights of 0.20m @ 24,448 ppm TREO and 4,700 ppm niobium from 74.2m.
The explorer has started sampling wider intervals of the Jokikangas drill core, which includes 36 diamond drill holes at Jokikangas and 68 diamond drill holes at Korsnas.
Korsnas surrounds a former lead mine, where previous operators reported total REE content in samples ranging from 0.7% to 2.2%.
Osteopore (ASX:OSX) announced a strategic sub-distribution partnership with Kelyniam through its US sales distribution partner, Bioplate Inc. to gain further access to the whopping US$1 billion cranial implant market.
Kelyniam will focus on securing sales in approximately 20 hospitals across eight US states. Prestigious institutions targeted include John Hopkins Hospital, Boston Medical Center and Tampa General Hospital.
In more rare earths news, Peak Rare Earths (ASX:PEK) announced a Framework Agreement Signing Ceremony for the Ngualla REE project with the President of Tanzania.
A final investment decision for Ngualla (214Mt at 4.8% TREO) is expected this year – and first production as soon as 2025.
Not to be outdone, Ionic Rare Earths (ASX:IXR) has received approval from the Ugandan Ministry of Energy and Mineral Development (MEMD) for works to commence on the Demonstration Plant at its Makuutu Mine.
Construction of Phase 1 will be completed by late Q2, with the plant expected to be operational during Q3 2023.
And for some variety, Blue Star Helium (ASX:BNL) says it expects final approval this month from the Colorado Oil and Gas Conservation Commission (COGCC) to drill the first two helium development wells (BBB 33#1 and 34#1) at the high-grade Voyager helium project – part of the Las Animas helium project.
At Stockhead we tell it like it is. While Osteopore, Ionic Rare Earths and Blue Star Helium are Stockhead advertisers, they did not sponsor this article.
