Rise and Shine: Everything you need to know before the ASX opens
News
On Stockhead today, nickel juniors primed for M&A, Christmas retail stocks ready to make merry, and the rise of the new breed of BNPLs.
But first, the day ahead.
Nightingale Intelligent Systems (ASX:NGL)
Listing: 12pm AEDT
IPO: $6m at $0.22
US-based NGL develops and sells commercial Unmanned Aerial Vehicles (UAVs) aka drones for security applications.
Called ‘Blackbird’, this drone can run regular patrol and manual surveillance missions, day and night.
When an alarm is triggered, the system automatically dispatches Blackbird to the alarm location which streams live video to the security team.
The following companies went into trading halts yesterday and are expected out in the next few days:
Desert Metals (ASX:DM1) – Capital raise
Synergia Energy (ASX:SYN) – Application to be removed from the official list of the ASX
Kin Mining (ASX:KIN) – Exploration update
Gold: $US1,766.73 (-0.39%)
Silver: $US21.29 (-0.86%)
Nickel (3mth): $US27,532/t (-9.00%)
Copper (3mth): $US8,293.5/t (-0.99%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, NOV 9): $US76,025/t (+1.7% weekly, +125.8% year-to-date)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, NOV 9): $US75,275/t (+1.9% weekly, +169.2% year-to-date)
Oil (WTI): $US84.787 (-0.83%)
Oil (Brent): $US92.12 (-0.77%)
Iron 62pc Fe: $US99.00 (+2.06%)
AUD/USD: 0.6725 (-0.19%)
Bitcoin: $US16,546.00 (+0.10%)
Battery expert Simon Moores gives his take on the latest lithium price drama.
Getting played by one rumour / contact in China that has an incentive to push the price down is no way to analyse the lithium market.
This is basic stuff. 🤦♂️
— Simon Moores (@sdmoores) November 17, 2022
And will 2023 be gold’s year? Famed speculator Rick Rule thinks so.
• If Fed pivots “gold will surprise to the upside”: Rick Rule
• Recession in 2023 will be good for gold, bad for everything else
• Some of Rick Rule’s top ASX gold investments: Emerald Resources, @BellevueGold, @Predictive_PDI #ASX $PDI $BGL $EMR
https://t.co/OrGhjScUU7— Stockhead (@StockheadAU) November 16, 2022
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.
Here are the best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
CODE | COMPANY | PRICE | % TODAY | VOLUME | MARKET CAP |
---|---|---|---|---|---|
CAQ | CAQ Holdings Ltd | 0.028 | 75% | 156 | $11,484,580 |
WR1 | Winsome Resources | 1.17 | 34% | 7,494,636 | $118,224,745 |
CCE | Carnegie Cln Energy | 0.002 | 33% | 238,333 | $23,463,861 |
GTG | Genetic Technologies | 0.004 | 33% | 142,158 | $27,701,895 |
BUR | Burleyminerals | 0.31 | 29% | 4,884,994 | $8,237,532 |
EMU | EMU NL | 0.007 | 27% | 26,386,110 | $3,779,975 |
RCL | Readcloud | 0.145 | 26% | 201,622 | $13,988,591 |
DW8 | DW8 Limited | 0.0025 | 25% | 12,409,000 | $6,203,045 |
FHS | Freehill Mining Ltd. | 0.01 | 25% | 200,697 | $14,685,191 |
KFE | Kogi Iron Ltd | 0.005 | 25% | 490,166 | $6,528,311 |
RMX | Red Mount Min Ltd | 0.005 | 25% | 1,040,000 | $6,569,455 |
PSC | Prospect Res Ltd | 0.135 | 23% | 4,558,067 | $50,848,541 |
WMG | Western Mines | 0.14 | 22% | 61,561 | $4,212,738 |
AL3 | Aml3D | 0.086 | 21% | 383,792 | $13,352,503 |
CMD | Cassius Mining Ltd | 0.03 | 20% | 50,070 | $10,093,523 |
MTM | Mtmongerresources | 0.12 | 20% | 8,635,188 | $3,751,003 |
POL | Polymetals Resources | 0.24 | 20% | 53,891 | $8,236,538 |
AQX | Alice Queen Ltd | 0.003 | 20% | 940,395 | $5,500,625 |
FTC | Fintech Chain Ltd | 0.024 | 20% | 12,317 | $13,015,392 |
1VG | Victory Goldfields | 0.255 | 19% | 3,999,647 | $10,691,982 |
AN1 | Anagenics Limited | 0.032 | 19% | 20,000 | $5,967,575 |
RNT | Rent.Com.Au Limited | 0.045 | 18% | 326,390 | $16,746,296 |
FAU | First Au Ltd | 0.007 | 17% | 3,819,091 | $5,711,960 |
SI6 | SI6 Metals Limited | 0.007 | 17% | 2,608,052 | $8,972,368 |
BCA | Black Canyon Limited | 0.255 | 16% | 6,444 | $9,865,344 |
Drilling at Mt Monger Resources’ (ASX:MTM) East Laverton project has confirmed the presence of shallow, clay-hosted rare earths “potentially extend[ing] over a very large area, most of which is still untested by drilling”.
Burley Minerals (ASX:BUR) is buying the Chubb lithium project in Quebec, Canada, and the Mt James and Dragon lithium projects in the central Gascoyne Region of WA.
EMU NL (ASX:EMU) is applying for some rare earths exploration ground near OD6 Metals (ASX:OD6) Splinter Rock discovery in WA.
And Victory Goldfields (ASX:1VG) is embarking on follow-up drilling at a so-called alkaline igneous intrusion – referred by industry experts as “engine rooms for rare earth elements and critical metals”.
Here are the least performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
CODE | COMPANY | PRICE | % TODAY | VOLUME | MARKET CAP |
---|---|---|---|---|---|
KEY | KEY Petroleum | 0.001 | -50% | 19,000 | $3,935,856 |
HIQR | Hitiq Limited - Rights 25-Nov-22 | 0.003 | -40% | 68,000 | $1,059,352 |
ANL | Amani Gold Ltd | 0.001 | -33% | 5,461,621 | $35,540,162 |
AFW | Applyflow Limited | 0.0015 | -25% | 1,934,218 | $5,915,216 |
ARE | Argonaut Resources | 0.0015 | -25% | 2,494,696 | $12,723,743 |
RBR | RBR Group Ltd | 0.003 | -25% | 134,923 | $5,174,011 |
E25 | Element 25 Ltd | 1.145 | -20% | 1,623,365 | $219,569,880 |
DXN | DXN Limited | 0.004 | -20% | 300,000 | $8,606,574 |
GLV | Global Oil & Gas | 0.002 | -20% | 22,986,177 | $4,683,387 |
ROO | Roots Sustainable | 0.002 | -20% | 659,099 | $2,288,582 |
SIH | Sihayo Gold Limited | 0.002 | -20% | 2,000,000 | $15,255,320 |
ABE | Ausbondexchange | 0.25 | -19% | 15,626 | $12,013,462 |
WC1 | Westcobarmetals | 0.19 | -17% | 449,005 | $16,042,517 |
BBX | BBX Minerals Ltd | 0.072 | -17% | 320,000 | $42,344,768 |
BPP | Babylon Pump & Power | 0.005 | -17% | 57,900 | $14,746,628 |
TKL | Traka Resources | 0.005 | -17% | 30,000 | $4,132,647 |
AHN | Athena Resources | 0.011 | -15% | 41,973,592 | $11,316,078 |
AUR | Auris Minerals Ltd | 0.017 | -15% | 28,344 | $9,532,519 |
GLH | Global Health Ltd | 0.255 | -15% | 79,976 | $17,401,014 |
NZS | New Zealand Coastal | 0.003 | -14% | 65,917 | $3,944,518 |
OAU | Ora Gold Limited | 0.006 | -14% | 1,768,917 | $6,889,619 |
SIS | Simble Solutions | 0.012 | -14% | 112,000 | $5,982,659 |
PPT | Perpetual Limited | 27.08 | -14% | 1,383,527 | $1,809,790,840 |
RCR | Rincon | 0.125 | -14% | 488,889 | $8,305,389 |
TGN | Tungsten Min NL | 0.077 | -13% | 9,226 | $69,990,870 |