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Rise and Shine: Everything you need to know about the day ahead
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On Stockhead today, Tesla is selling more cars than ever.
The world’s largest EV manufacturer, has once again shattered expectations with its delivery of a record 466,140 cars worldwide between the months of April and June, exceeding estimates by Wall Street analysts.
That’s a lot of cars, and as we all know, electric vehicles need a bucketload of minerals – not just lithium – to help power them.
These are the ASX stocks Elon is interested in.
But first, the day ahead.
TRADING HALTS
The following stocks went into trading halts Monday and are expected out in the coming days:
Dreadnought Resources (ASX:DRE) – Resource upgrade at the Mangaroon Rare Earths project.
GTI Energy (ASX:GTR) – Maiden uranium resource estimate at the Lo Herma project, Wyoming.
Metal Hawk (ASX:MHK) – Material project acquisition.
Oceana Lithium (ASX:OCN) – Material transaction.
RightCrowd (ASX:RCW) – Material transaction in relation to the company’s main business undertaking.
Tambourah Metals (ASX:TMB) – Acquisition of exploration tenements.
Carnavale Resources (ASX:CAV) – Exploration results from drilling at the Kookynie gold project.
Anax Metals (ASX:ANX) – Exploration results at the Whim Creek Project.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1907.20 (-0.31%)
Silver: $US22.16 (-0.90%)
Nickel (3mth): $US24,025/t (+2.02%)
Copper (3mth): $US9002.50/t (+0.27%)
Oil (WTI): $US69.27 (+2.1%)
Oil (Brent): $US74.13 (-0.94%)
Iron 62pc Fe: $US115.50/t (+2.67%)
AUD/USD: 0.6596 (-1.26%)
Bitcoin: $US30,143 (-1.71%)
WHAT GOT YOU TALKING?
Gregor closed the bell last night with his usual alomb. What a legend.
CLOSING BELL: ASX scores solid, hard-fought win on first day of trading in new FY; Lumos Diagnostics up a whopping 545%. #ASX200 #Lumos #LDX $LDX
Stockhead > https://t.co/DetKYdkKGS pic.twitter.com/RhEaXLJT8E
— Stockhead (@StockheadAU) July 3, 2023
Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.
For all you crypto lovers Stockhead’s Coinhead Facebook group 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.
MONDAY’S ASX SMALL CAP LEADERS
Here are the best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| LDX | Lumos Diagnostics | 0.071 | 545% | 169,924,513 | $3,403,621 |
| DXN | DXN Limited | 0.002 | 100% | 1,959,814 | $1,721,315 |
| MCT | Metalicity Limited | 0.002 | 100% | 192,500 | $3,736,086 |
| KAI | Kairos Minerals Ltd | 0.033 | 74% | 44,596,867 | $41,497,776 |
| ASR | Asra Minerals Ltd | 0.011 | 57% | 7,360,106 | $10,276,693 |
| AT1 | Atomo Diagnostics | 0.034 | 55% | 3,057,752 | $12,559,602 |
| CLE | Cyclone Metals | 0.0015 | 50% | 250,000 | $10,264,505 |
| GCR | Golden Cross | 0.003 | 50% | 55,634 | $2,194,512 |
| SIH | Sihayo Gold Limited | 0.0015 | 50% | 200,010 | $9,944,746 |
| OAU | Ora Gold Limited | 0.0055 | 38% | 63,433,107 | $15,747,701 |
| KNI | Kuniko Limited | 0.58 | 35% | 1,850,506 | $21,856,086 |
| GMN | Gold Mountain Ltd | 0.01 | 33% | 44,001,288 | $14,774,495 |
| WC8 | Wildcat Resources | 0.16 | 33% | 13,582,303 | $79,861,719 |
| NMR | Native Mineral Res | 0.033 | 32% | 1,448 | $3,674,122 |
| CUF | Cufe Ltd | 0.018 | 29% | 3,873,328 | $13,525,573 |
| CZN | Corazon Ltd | 0.019 | 27% | 938,912 | $9,154,958 |
| ARD | Argent Minerals | 0.0125 | 25% | 8,976,872 | $11,789,812 |
| DCX | Discovex Res Ltd | 0.0025 | 25% | 100,000 | $6,605,136 |
| EMU | EMU NL | 0.0025 | 25% | 5,125,509 | $2,900,043 |
| KNM | Kneomedia Limited | 0.005 | 25% | 1,200,000 | $6,019,141 |
| MHC | Manhattan Corp Ltd | 0.01 | 25% | 59,685,846 | $23,490,230 |
| MCM | Mc Mining Ltd | 0.16 | 23% | 49,973 | $51,956,476 |
| OPA | Optima Technology | 0.016 | 23% | 1,718 | $3,267,446 |
| OPL | Opyl Limited | 0.027 | 23% | 285,155 | $1,761,431 |
Huge day for the little guys.
But there’s one standout mover well worth mentioning again, as it’s risen another 200% since lunchtime Monday:
Lumos Diagnostics (ASX:LDX): +545%. Stupendous.
As reported by Gregor Stronners on Monday arvo:
“Lumos has received clearance from the US Food and Drug Administration (FDA) to market its FebriDx rapid, point-of-care test in the United States, allowing the company to roll out its diagnostic tester thingy that lets doctors very quickly figure out what’s happening to someone in acute respiratory distress.
“FebriDx is designed to be used as an aid in the diagnosis of bacterial acute respiratory infection and differentiation from non-bacterial etiology.
“In plain English: if someone’s not breathing too good, the test can tell whether it’s a bacterial problem (which can be treated with antibiotics) or a virus (which cannot), vastly speeding up treatment times without an unnecessary dose of over-prescribed antibiotic treatment.”
Also worth a Monday mention:
• Kairos Minerals (ASX:KAI): +74% off the back of its recent successful completion of a $3.96 million strategic placement to Global Lithium Resources (ASX:GL1).
• Asra Minerals (ASX:ASR): +57% on news of final assay results from 74 RC drillholes at Yttria, which confirm a heavy-REE dominant regolith-hosted deposit over the first 2.5km strike length at Mt Stirling. Also, extensive areas are yet to be drill tested along a further 20km strike.
• Atomo Diagnostics (ASX:AT1) : +55% on nothing more than a notice of a change of interests of a substantial holder. Make of that what you will here.
• Gold Mountain (ASX:GMN): +33% on no fresh news since announcing it’s acquiring some Brazilian lithium tenements a couple of weeks ago.
• Kuniko (ASX:KNI): + 35% on news that carmaker Stellantis has become a major shareholder.
MONDAY’S ASX SMALL CAP LOSERS
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 |
|---|---|---|---|---|---|
| BP8 | Bph Global Ltd | 0.002 | -33% | 690,817 | $3,854,189 |
| CCE | Carnegie Cln Energy | 0.001 | -33% | 450,000 | $23,463,861 |
| MTB | Mount Burgess Mining | 0.001 | -33% | 200 | $1,324,757 |
| FFT | Future First Tech | 0.011 | -27% | 6,482,879 | $10,722,548 |
| CHR | Charger Metals | 0.385 | -23% | 1,337,497 | $24,482,184 |
| GTG | Genetic Technologies | 0.002 | -20% | 20,000 | $28,854,145 |
| NZS | New Zealand Coastal | 0.002 | -20% | 7,138,821 | $4,135,025 |
| BPP | Babylon Pump & Power | 0.005 | -17% | 50,000 | $14,746,628 |
| YPB | YPB Group Ltd | 0.0025 | -17% | 250,000 | $1,857,747 |
| MIO | Macarthur Minerals | 0.185 | -16% | 21,000 | $36,487,767 |
| EPX | Ept Global Limited | 0.028 | -15% | 214,677 | $14,715,152 |
| IXC | Invex Ther | 0.17 | -15% | 1,256,631 | $15,030,770 |
| CVR | Cavalier Resources | 0.115 | -15% | 36,431 | $4,296,904 |
| CXU | Cauldron Energy Ltd | 0.006 | -14% | 1,404,259 | $6,520,981 |
| TMX | Terrain Minerals | 0.006 | -14% | 2,463,547 | $7,582,395 |
| GTI | Gratifii | 0.013 | -13% | 1,497,520 | $18,201,413 |
| BUR | Burley Minerals | 0.2 | -13% | 111,299 | $17,162,555 |
| BLZ | Blaze Minerals Ltd | 0.02 | -13% | 3,324,463 | $10,522,690 |
| HOR | Horseshoe Metals Ltd | 0.02 | -13% | 325,641 | $14,800,009 |
| MDI | Middle Island Res | 0.02 | -13% | 684,636 | $2,815,619 |
| 1MC | Morella Corporation | 0.007 | -13% | 523,068 | $48,788,644 |
| DOU | Douugh Limited | 0.007 | -13% | 1,147,832 | $7,871,187 |
| SLS | Solstice Minerals | 0.145 | -12% | 1,738,837 | $16,547,323 |
