Good morning everyone. On Stockhead today, how Guy Le Page spots a lithium winner, ASX stocks that are cooking with gas, and who wins when Victoria bans gas connections?

But first, the day ahead…

 

TRADING HALTS

These stocks went into trading halts on Friday and should be out in the coming days.

Raiden Resources (ASX:RDN) – The company has an announcement pending, regarding first reconnaissance results from its due diligence exercise on the South Roebourne project. Trading resumption expected by Tuesday.

Strandline Resources (ASX:STA) – Capital raising.

Maximus Resources (ASX:MXR) – Mineral resource estimate update at its Wattle Dam Gold Project.

Reach Resources (ASX:RR1) – Capital raising.

Anax Metals (ASX:ANX) – Capital raising.

Centaurus Metals (ASX:CTM) – Capital raising.

RemSense Technologies (ASX:REM) – Capital raising.

MRG Metals (ASX:MRQ) – Capital raising.

Viridis Mining and Minerals (ASX:VMM) – The company has a project acquisition announcement brewing.

Starpharma (ASX:SPL) – An announcement is coming, regarding a partnered program.

Yowie Group (ASX:YOW) – In not very plain English, this one has something to do with “facilitating an orderly market in the company’s securities pending a revised announcement to the market release on 27 July 2023 titled ‘Yowie Secures Bluey Merchandise Agreement’”.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1945.23 (-1.36%)

Silver: $US24.11 (-3.21%)

Nickel (3mth): $US21,755/t (+0.76%)

Copper (3mth): $US8,551/t (-0.77%)

Oil (WTI): $US79.65 (+1.1%)

Oil (Brent): $US83.59 (+0.81%)

Iron 62pc Fe: $US112.90/t (+0.01%)

AUD/USD: 0.6709  (+0.00%)

Bitcoin: $US29,191 (-1.01%)

 

WHAT GOT YOU TALKING OVER THE WEEKEND

Madness. In Arizona.

For all you crypto lovers Stockhead’s Coinhead Twitter is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

FRIDAY’S ASX SMALL CAP LEADERS

Here are the worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap
3DP Pointerra Limited 0.205 116% 27,278,970 $64,391,589
CLE Cyclone Metals 0.0015 50% 37,000 $10,264,505
CT1 Constellation Tech 0.003 50% 293,428 $2,942,401
MEB Medibio Limited 0.0015 50% 806,481 $5,150,594
MTL Mantle Minerals Ltd 0.0015 50% 12,766,804 $6,147,446
PET Phoslock Env Tec Ltd 0.023 44% 10,486,896 $9,990,248
BFC Beston Global Ltd 0.01 43% 3,417,980 $13,979,328
GTE Great Western Exp. 0.062 38% 1,003,516 $11,371,415
MCT Metalicity Limited 0.002 33% 2,000 $5,604,129
GLA Gladiator Resources 0.015 25% 304,205 $6,554,039
ERL Empire Resources 0.005 25% 600,200 $4,451,740
GTG Genetic Technologies 0.0025 25% 284,000 $23,083,316
ICN Icon Energy Limited 0.005 25% 328,539 $3,072,055
MXC Mgc Pharmaceuticals 0.0025 25% 3,419,243 $7,784,719
DTM Dart Mining NL 0.039 22% 5,128 $5,513,191
SDR Siteminder 4.28 21% 3,064,032 $970,983,354
ABE Ausbondexchange 0.175 21% 75,450 $5,619,200
BCC Beam Communications 0.205 21% 302,622 $14,691,727
TMB Tambourahmetals 0.33 20% 2,709,053 $11,624,031
AHN Athena Resources 0.006 20% 8,938,516 $5,352,338
ATH Alterity Therap Ltd 0.007 17% 117,979 $14,639,386
RIM Rimfire Pacific 0.007 17% 1,811,333 $12,031,468
SIT Site Group Int Ltd 0.0035 17% 125,000 $7,807,471
B4P Beforepay Group 0.55 15% 12,645 $16,726,473
AD1 AD1 Holdings Limited 0.008 14% 324,717 $5,757,983
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Pointerra (ASX:3DP): +100% > The SaaS tech company shot up today on news out of the US that existing Pointerra customer Entergy, a Fortune 500 company, has selected Pointerra’s US EPC partners for its 10-year, US$15 billion grid resilience CAPEX program. That deal will see Pointerra’s AI-driven analytics platform used to identify and prioritise grid assets requiring remediation or replacement across the 10-year term of the program.

Phoslock (ASX:PET): +50% > Phoslock delivered its June quarterly on Friday, revealing a net cash outflow from operating activities of $0.62 million – much better than  the prior quarter, which recorded approximately $3.2 million in operating cash outflow.

Great Western Exploration (ASX:GTE): +37.8% > GTE’ rose last week following Monday’s news that the company had kicked off RC drilling at the Firebird gold project, testing a large soil anomaly.

The ‘large Ultrafine+ soil anomaly’ has an extent of 3.7km x 450m, with the current round of RC drilling designed to test below recent anomalous broad-spaced aircore drill results from highly weathered Archean Greenstone volcanic sediments and mafic units.

 

FRIDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap
JAL Jameson Resources 0.051 -28% 25,288 $27,797,288
EEL Enrg Elements Ltd 0.008 -27% 14,079,132 $11,101,577
CCE Carnegie Cln Energy 0.0015 -25% 2,720,665 $31,285,147
MTM MTM Critical Metals 0.069 -25% 6,656,297 $8,928,299
HXL Hexima 0.019 -21% 1,081,339 $4,008,951
GFN Gefen Int 0.004 -20% 55,889 $641,399
ADD Adavale Resource Ltd 0.016 -19% 8,854,052 $11,071,703
1AG Alterra Limited 0.009 -18% 6,758,549 $7,662,078
8IH 8I Holdings Ltd 0.023 -18% 232,198 $10,005,968
NME Nex Metals Explorat 0.014 -18% 701 $5,993,053
RML Resolution Minerals 0.005 -17% 4,563,029 $7,543,751
SFG Seafarms Group Ltd 0.005 -17% 260,000 $29,019,595
AQX Alice Queen Ltd 0.016 -16% 1,726,651 $2,403,782
PEB Pacific Edge 0.135 -16% 233,183 $129,658,435
BCB Bowen Coal Limited 0.11 -15% 16,012,421 $277,678,164
RGS Regeneus Ltd 0.011 -15% 2,536,851 $3,983,680
GED Golden Deeps 0.0085 -15% 22,547,581 $11,552,267
DM1 Desert Metals 0.053 -15% 149,506 $4,497,547
DOU Douugh Limited 0.006 -14% 1,013,110 $6,887,289
HAR Harangaresources 0.12 -14% 60,588 $7,113,963
HCT Holista CollTech Ltd 0.012 -14% 332,416 $3,903,201
INP Incentiapay Ltd 0.006 -14% 144,001 $8,855,445
NMR Native Mineral Res 0.03 -14% 160,636 $5,143,770
PRX Prodigy Gold NL 0.006 -14% 3,654,261 $12,257,755
CCA Change Financial Ltd 0.049 -14% 578,893 $35,776,699
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