Rise and Shine: Everything you need to know before the ASX opens
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News
On Stockhead today, Guy’s got some gold that’s ‘bigger than Texas’, how to protect your shares from a ‘platform’ collapse, and why the ‘tech-led’ recession is actually not.
But first, the day ahead.
The following stocks went into trading halts yesterday and are expected out in the coming days:
Jayride Group (ASX:JAY) — capital raising
Mamba Exploration (ASX:M24) — acquisition of a Rare Earth Elements project
Marley Spoon AG (ASX:MMM) — capital raising
Boab Metals (ASX:BML) — capital raising
Peninsula Energy (ASX:PEN) — capital raising
Critical Resources (ASX:CRR) — capital raising
Energy World Corporation (ASX:EWC) — capital raising
Euroz Hartleys Group (ASX:EZL) — in accordance with the agreed timetable announced to ASX regarding the Capital Reduction and Share Cancellation
KneoMedia (ASX:KNM) — a substantial sales deployment
Group 6 Metals (ASX:G6M) — capital raising
GreenHy2 (ASX:H2G) — equity placement
Gold: $US1,754.37 (+0.29%)
Silver: $US21.46 (-0.24%)
Nickel (3mth): $US26,100/t (-0.73%)
Copper (3mth): $US8,023.50/t (+0.23%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, NOV 16): $US80,150/t (+0.1% weekly, +127.6% year-to-date)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, NOV 16): $US79,525/t (+0.1% weekly, +171.4% year-to-date)
Oil (WTI): $US78.02 (+0.11%)
Oil (Brent): $US84.55 (-1%)
Iron 62pc Fe: $US91.94 (+0.54%)
AUD/USD: 0.6766 (+0.3%)
Bitcoin: $US16,566 (+0.30%)
Goldman Sachs believes the US and Europe could both end reliance on Chinese EV batteries by 2030, putting project developers like Sayona Mining (ASX:SYA) and Piedmont Lithium (ASX:PLL) in a prime position as they close in on a restart of the North American Lithium (NAL) operation Québec, Canada.
Eye on #Lithium: The West could end #EV #battery ties with China by 2030 and @SayonaMining could benefit #ASX https://t.co/Pd5mR7143j
— Stockhead (@StockheadAU) November 24, 2022
And the New York Times is copping serious heat on Twitter for having failed crypto king SBF speak at an upcoming event.
“SBF needs to go to jail!”
The New York Times: pic.twitter.com/ynSzdFdl0Q
— Dr. Parik Patel, BA, CFA, ACCA Esq. (@ParikPatelCFA) November 23, 2022
Thought SBF speaking at NYT was absurd.
But then I saw the rest of the panel. pic.twitter.com/v0pclTzysu
— Trung Phan (@TrungTPhan) November 24, 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 | % | Volume | Market Cap |
---|---|---|---|---|---|
LSR | Lodestar Minerals | 0.0065 | 44% | 67,801,232 | $7,822,968 |
IRI | Integrated Research | 0.49 | 34% | 753,782 | $63,129,864 |
NZS | New Zealand Coastal | 0.004 | 33% | 1,002,150 | $3,381,015 |
CRB | Carbine Resources | 0.013 | 30% | 420,828 | $3,152,755 |
CLX | CTI Logistics | 1.67 | 27% | 105,403 | $103,672,103 |
GRV | Greenvale Mining Ltd | 0.096 | 26% | 2,310,589 | $32,050,888 |
GLV | Global Oil & Gas | 0.0025 | 25% | 848,374 | $4,121,709 |
MTH | Mithril Resources | 0.005 | 25% | 1,888,187 | $11,760,932 |
BMT | Beamtree Holdings | 0.26 | 24% | 1,122,252 | $51,394,644 |
ICL | Iceni Gold | 0.13 | 24% | 1,383,578 | $13,460,625 |
AOU | Auroch Minerals Ltd | 0.063 | 21% | 47,260,200 | $19,297,814 |
RAG | Ragnar Metals Ltd | 0.018 | 20% | 1,248,475 | $5,687,773 |
POD | Podium Minerals | 0.125 | 19% | 3,106,817 | $35,338,687 |
BXN | Bioxyne Ltd | 0.025 | 19% | 32,000 | $13,978,553 |
99L | 99 Loyalty Ltd. | 0.019 | 19% | 562,423 | $18,554,924 |
HRN | Horizon Gold Ltd | 0.325 | 18% | 11,600 | $34,424,951 |
NNG | Nexion Group | 0.08 | 18% | 25,000 | $5,499,228 |
AX8 | Accelerate Resources | 0.034 | 17% | 24,862,145 | $9,019,804 |
CLA | Celsius Resource Ltd | 0.0175 | 17% | 51,629,696 | $22,542,436 |
TZL | TZ Limited | 0.105 | 17% | 83,061 | $20,043,730 |
RBR | RBR Group Ltd | 0.0035 | 17% | 1,193,700 | $3,880,508 |
AFL | Af Legal Group Ltd | 0.145 | 16% | 542,557 | $9,567,052 |
BVR | Bellavistaresources | 0.3 | 15% | 346,240 | $9,489,353 |
WSR | Westar Resources | 0.053 | 15% | 11,281,471 | $2,882,369 |
AHC | Austco Healthcare | 0.115 | 15% | 16,996 | $28,981,734 |
Earlier this week, Iceni Gold (ASX:ICL) announced it was picking up gold nuggs over several kilometres at the Guyer prospect, part of the flagship 14 Mile Well project in WA.
Yesterday, the explorer released a presso containing a bunch more photos, and they look impressive:
Health data stock Beamtree (ASX:BMT) re-affirmed its reported revenue growth target of ~35% in FY23 and said it was “moving towards being operating cash flow positive in FY23”.
Continued strong demand for its core services, particularly cyber security, has allowed Nexion Group (ASX:NNG) to deliver record revenue of $1.1m in October.
The Lodestar Minerals (ASX:LSR) and Auroch Minerals (ASX:AOU) joint venture has drilled into high grade lithium at the Nepean project, including 2m at 3.26% Li2O from 198m.
Numerous large, outcropping pegmatites have been identified at Accelerate Resources’ (ASX:AX8) East Pilbara project, 30km east of Global Lithium Resources’ Archer lithium deposit (10.5 Mt @ 1.0% LiO2).
And Westar Resources (ASX:WSR) will buy the Mindoolah lithium-gold project, and sell its Gidgee South gold project to Aurumin (ASX:AUN) in a separate transaction.
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 |
---|---|---|---|---|---|
MEB | Medibio Limited | 0.001 | -33% | 1,115,182 | $4,980,891 |
MGG | Mogul Games Grp Ltd | 0.0015 | -25% | 15,000,000 | $6,526,882 |
NTL | New Talisman Gold | 0.0015 | -25% | 2,189,292 | $6,254,451 |
PRM | Prominence Energy | 0.0015 | -25% | 2,224,600 | $4,849,218 |
AQX | Alice Queen Ltd | 0.002 | -20% | 100,000 | $5,500,625 |
AUK | Aumake Limited | 0.004 | -20% | 23,579,837 | $3,857,235 |
KFE | Kogi Iron Ltd | 0.004 | -20% | 1,778,846 | $8,160,389 |
PG1 | Pearl Global Ltd | 0.016 | -20% | 4,228,173 | $20,044,946 |
IVZ | Invictus Energy Ltd | 0.255 | -19% | 29,393,669 | $276,703,195 |
OMX | Orangeminerals | 0.073 | -19% | 73,133 | $4,470,063 |
MCM | Mc Mining Ltd | 0.2 | -18% | 110,364 | $97,431,989 |
MMA | Maronanmetalslimited | 0.25 | -17% | 214,110 | $22,500,003 |
CHK | Cohiba Min Ltd | 0.005 | -17% | 608,348 | $9,765,965 |
BDX | Bcaldiagnostics | 0.059 | -16% | 84,000 | $9,526,630 |
TSL | Titanium Sands Ltd | 0.011 | -15% | 1,621,413 | $18,283,172 |
TER | Terracom Ltd | 0.79 | -15% | 8,500,065 | $743,551,989 |
HAR | Harangaresources | 0.145 | -15% | 140,806 | $7,108,383 |
AVW | Avira Resources Ltd | 0.003 | -14% | 4,282,581 | $7,468,265 |
BIR | BIR Financial Ltd | 0.03 | -14% | 292 | $9,832,766 |
ERL | Empire Resources | 0.006 | -14% | 125,000 | $7,270,005 |
BIT | Biotron Limited | 0.032 | -14% | 4,154,674 | $25,971,510 |
CMO | Cosmometalslimited | 0.13 | -13% | 96,065 | $3,826,500 |
OIL | Optiscan Imaging | 0.1 | -13% | 454,876 | $71,254,644 |
CYQ | Cycliq Group Ltd | 0.007 | -13% | 500,622 | $2,780,133 |