Rise and Shine: Everything you need to know before the ASX opens
News
On Stockhead today, Nadine has our Monday Morningstar answers for what ASX sectors to best get you through the turbulence ahead.
Also, like so much fromage in a Frenchman’s kitchen…
…the savoureuse scent of Gold is back in ’23.
Stateside, inflation will be in the spotlight for the umpteenth time, with December’s intensely anticipated American CPI report due out Jan 12. The headline consumer price index read should ease, they say, although hope is perhaps the active ingredient.
Reuters survey sees the headline inflation down from +7.1% in November to to +6.7%.
Although, the Bank of America (BoA) expects both US core goods and energy prices to have eased off again in December, the bank expects stickier numbers to come out of the coalface food and services sectors.
With Bloomberg calling last week a possible “Goldilocks” moment in the central banks vs inflation fight, the outcomes here for Wall Street could see a bunch of emotionally volatile business around midweek.
And don’t EVER forget to check out Eddy’s (always excellent) Trader’s Diary, even if you’re unorganised and not a trader, there’s heaps to sort you from last week through this one.
And now, the day ahead…
These are the stocks which were halted at the end of the last ASX session:
Tempus Resources (ASX:TMR) – pending an announcement regarding significant assay results
The Badman did, of course:
“All it takes is one big streamer to discover one properly fun game”: NFT gaming experts predict 2023.
With thanks to: @Polemos_io; @BalthazarDao; @FancyStudios_ and @MechanismCap.
(Image source: https://t.co/GUrIMDW3Wp)
Stockhead article > https://t.co/KYLJ6zwowx pic.twitter.com/fey0rNcZG1
— Stockhead (@StockheadAU) January 5, 2023
But, personally, I thought this one was better…
The ‘greatest explosion of asset value and adoption in crypto’ is yet to come: Crypto industry experts #crypto
With thanks to: @CryptoCoinShow; @KeyrockTrading; @MIDAODS; @Aleph__Zero; @Odsyxyz; @franklinpayroll
Stockhead > https://t.co/IolsKCP8mw pic.twitter.com/grU129YOSz
— Stockhead (@StockheadAU) January 5, 2023
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.
Gold: $US1865.79 (+1.78%)
Silver: $US23.83 (+2.65%%)
Nickel (3mth): $US21,900/t (+1.48%)
Copper (3mth): $US7,850/t (+2.98%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, DEC 28): $US82,075/t (+114.4% year-to-date)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, DEC 28): $US80,650/t (+164.4% year-to-date)
Oil (WTI): $US73.77 (+0.14%)
Oil (Brent): $US77.72 (-0.17%)
Iron 62pc Fe: $US118.50 (+2.16%)
AUD/USD: 0.6875 (+1.87%)
Bitcoin: $US16,969 (+0.22%)
Here are the best performing ASX small cap stocks from Friday
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
CLE | Cyclone Metals | 0.003 | 50% | 26,929,117 | $12,233,474 |
TOE | Toro Energy Limited | 0.0105 | 31% | 51,781,538 | $34,871,101 |
WR1 | Winsome Resources | 1.63 | 30% | 13,777,593 | $173,990,026 |
NNL | Nordicnickellimited | 0.26 | 30% | 227,235 | $11,681,334 |
AL8 | Alderan Resource Ltd | 0.009 | 29% | 2,920,236 | $4,047,863 |
ICN | Icon Energy Limited | 0.01 | 25% | 3,355,010 | $6,144,109 |
ROG | Red Sky Energy. | 0.005 | 25% | 2,024,536 | $21,208,909 |
AN1 | Anagenics Limited | 0.031 | 24% | 31,086 | $5,531,660 |
LLI | Loyal Lithium Ltd | 0.37 | 23% | 299,673 | $15,747,000 |
EPM | Eclipse Metals | 0.022 | 22% | 5,250,565 | $36,436,623 |
ICR | Intelicare Holdings | 0.023 | 21% | 856,867 | $3,969,393 |
FRM | Farm Pride Foods | 0.12 | 20% | 13,539 | $5,518,018 |
AVW | Avira Resources Ltd | 0.003 | 20% | 893,683 | $5,334,475 |
RDN | Raiden Resources Ltd | 0.006 | 20% | 2,344,341 | $8,272,912 |
LRL | Labyrinth Resources | 0.019 | 19% | 805,317 | $15,351,797 |
NYM | Narryermetalslimited | 0.165 | 18% | 184,893 | $4,268,250 |
MEG | Megado Minerals Ltd | 0.048 | 17% | 40,625 | $5,637,500 |
KLL | Kalium Lakes Ltd | 0.049 | 17% | 16,665,867 | $85,331,913 |
ADX | ADX Energy Ltd | 0.007 | 17% | 5,225,528 | $21,077,475 |
BEX | Bikeexchange Ltd | 0.014 | 17% | 275,274 | $9,601,259 |
KP2 | Kore Potash PLC | 0.014 | 17% | 1,400,396 | $8,132,967 |
LCT | Living Cell Tech. | 0.014 | 17% | 2,100,260 | $15,424,365 |
SIX | Sprintex Ltd | 0.05 | 16% | 946,185 | $10,937,236 |
MYE | Metarock Group Ltd | 0.22 | 16% | 150,107 | $24,888,584 |
Friday belonged to Winsome Resources (ASX:WR1).
The winsome company flagged schwingin’ lithium mineralisation from assays at its Adina project in Quebec, where Canada is.
The schwingin’est result included 1.34% Li20 over 107.6m, which included 2.21% Li20 over 30m.
“Having an average of 1.34% Li2O for over 100m of pegmatite from surface speaks of a world-class lithium project and paves the way for the much expanded drill program we now have planned at Adina,” MD Chris Evans said.
“It is also very encouraging for the other impressive pegmatite intersections and visual estimates from drilling of subsequent holes up until the Christmas break.”
Winsome has now expanded its drilling program at the project from 5,000, to more than 20,000m – and a second drill rig is currently being mobilised on site to assist with the expanded drilling and resource definition program.
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 |
---|---|---|---|---|---|
TSN | The Sust Nutri Grp | 0.027 | -81% | 1,385,201 | $16,884,894 |
RCW | Rightcrowd | 0.034 | -32% | 139,000 | $13,113,063 |
GMN | Gold Mountain Ltd | 0.005 | -29% | 79,730,800 | $11,047,044 |
CCE | Carnegie Cln Energy | 0.0015 | -25% | 1,610,469 | $31,285,147 |
YPB | YPB Group Ltd | 0.003 | -25% | 3,567 | $1,626,185 |
LYK | Lykosmetalslimited | 0.095 | -21% | 249,723 | $7,488,000 |
OLL | Openlearning | 0.024 | -20% | 277,271 | $8,036,072 |
HGL | Hudson Investment | 0.24 | -20% | 9,339 | $17,807,981 |
HYT | Hyterra Ltd | 0.016 | -20% | 911,518 | $9,631,974 |
MTL | Mantle Minerals Ltd | 0.002 | -20% | 2,212 | $13,364,013 |
HVY | Heavymineralslimited | 0.13 | -16% | 20,654 | $5,980,714 |
SHO | Sportshero Ltd | 0.017 | -15% | 489,576 | $11,500,022 |
HMI | Hiremii | 0.042 | -14% | 40,000 | $5,290,242 |
ENV | Enova Mining Limited | 0.013 | -13% | 14,429 | $5,863,940 |
DC2 | Dctwo | 0.033 | -13% | 15,000 | $3,919,597 |
ADY | Admiralty Resources. | 0.007 | -13% | 53,183 | $10,428,633 |
LNU | Linius Tech Limited | 0.0035 | -13% | 17,848,714 | $11,325,652 |
MTB | Mount Burgess Mining | 0.0035 | -13% | 1,000,000 | $3,532,684 |
SUM | Summitminerals | 0.14 | -13% | 135,534 | $3,956,408 |
TAR | Taruga Minerals | 0.023 | -12% | 1,071,603 | $18,147,768 |
WIN | Widgienickellimited | 0.355 | -11% | 686,859 | $100,405,131 |
HLX | Helix Resources | 0.008 | -11% | 680,500 | $20,908,313 |
MXO | Motio Ltd | 0.041 | -11% | 136,793 | $12,025,994 |
KZR | Kalamazoo Resources | 0.21 | -11% | 159,581 | $34,972,553 |