On Stockhead today, Bev reckons this local oil and gas name’s been running on silent and is ready to fire all torpedoes.
Nadine makes the case for The Small Cap as ETF.
Em’s been up all week tracking an odd bunch of local IPOs, and when even Chief Sustainability Officers admit to having trust issues with carbon credits, Jess is always there to say: Hey. Fellas, c’mon.
We’ve got UBS, China and a heap of rocks, some metals. And Gregor.
But first, the day ahead.
TRADING HALTS
These companies were in a trading halt at the end of the last session:
Nickel Industries (ASX:NIC) – Material acquisition and capital raising.
Bio-Gene Technology (ASX:BGT) – BGT needs some time to finalise, and prepare an appropriate announcement regarding, a new commercial arrangement.
Imdex (ASX:IMD) – Capital raising
Sunshine Gold (ASX:SHN) – Announcement to the market incoming about a farm-in and joint venture agreement on a new project.
Mayfield Childcare (ASX:MFD) – Halt called pending the release of an announcement concerning a Non‐Binding Indicative Proposal previously received by the Company.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1920.29 (+1.24%)
Silver: $US24.26 (-2.04%)
Nickel (3mth): $US21,900/t (-0.85%)
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): $US79.86 (+1.9%)
Oil (Brent): $US85.28 (+1.5%)
Iron 62pc Fe: $US127.00 (+2.42%)
AUD/USD: 0.6976 (+0.06%)
Bitcoin: $US20,863 (+5.31%)
WHAT PULLED A FEW EYEBALLS OUT ON TWITTER
Ah. Anything featuring a LowLuxe.
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.
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 |
|---|---|---|---|---|---|
| MEB | Medibio Limited | 0.0015 | 50% | 1,000,000 | $3,320,594 |
| RIE | Riedel Resources Ltd | 0.0115 | 44% | 100,110,279 | $10,973,656 |
| MGG | Mogul Games Grp Ltd | 0.002 | 33% | 662,850 | $4,895,162 |
| MKL | Mighty Kingdom Ltd | 0.041 | 32% | 1,142,016 | $4,778,427 |
| OPL | Opyl Limited | 0.038 | 31% | 62,514 | $1,857,510 |
| MAG | Magmatic Resrce Ltd | 0.125 | 30% | 2,934,684 | $28,655,309 |
| ARD | Argent Minerals | 0.019 | 27% | 4,931,515 | $17,583,875 |
| DRO | Droneshield Limited | 0.3325 | 25% | 12,095,271 | $119,526,126 |
| ADR | Adherium Ltd | 0.005 | 25% | 90,000 | $19,917,753 |
| RMX | Red Mount Min Ltd | 0.005 | 25% | 1,766,111 | $7,953,395 |
| FFG | Fatfish Group | 0.026 | 24% | 4,694,236 | $21,763,977 |
| AMD | Arrow Minerals | 0.006 | 20% | 15,359,567 | $12,668,825 |
| M4M | Macro Metals Limited | 0.006 | 20% | 4,258,539 | $9,735,389 |
| 8VI | 8Vi Holdings Limited | 0.995 | 18% | 100 | $35,600,394 |
| BMO | Bastion Minerals | 0.041 | 17% | 4,143,568 | $3,672,081 |
| AYA | Artryalimited | 0.42 | 17% | 17,107 | $22,605,668 |
| BRK | Brookside Energy Ltd | 0.014 | 17% | 8,883,505 | $60,174,548 |
| HCT | Holista CollTech Ltd | 0.028 | 17% | 10,000 | $6,691,202 |
| TMX | Terrain Minerals | 0.007 | 17% | 1,830,000 | $5,433,137 |
| MTM | Mt Monger Resources | 0.094 | 16% | 258,350 | $4,618,962 |
| CLA | Celsius Resource Ltd | 0.022 | 16% | 7,344,344 | $29,465,752 |
| JAT | Jatcorp Limited | 0.015 | 15% | 5,735,139 | $32,473,374 |
| CMD | Cassius Mining Ltd | 0.023 | 15% | 325,000 | $8,169,858 |
| CXU | Cauldron Energy Ltd | 0.008 | 14% | 2,150,000 | $6,520,976 |
Riedel Resources (ASX:RIE) a standout after it dropped news which sent its share price into orbit, up around +100% before settling down to a still-decent +50% at the close.
It all went bonkers there for a while, though, after Riedel revealed the first assays from its diamond drill program from Kingman Gold Project, USA – and the news is good.
Multiple high-grade gold results seen in shallow holes have confirmed earlier RC drilling results, and that Reidel is sitting on a chunky gold deposit, within arm’s reach of surface.
Magmatic Resources (ASX:MAG), surged late in trade to finish the day more than 30% up.
ASX SMALL CAP LAGGARDS
Here are the least best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ALT | Analytica Limited | 0.0015 | -25% | 2,000,748 | $9,227,602 |
| ROO | Roots Sustainable | 0.0015 | -25% | 1,357,433 | $2,078,439 |
| SRI | Sipa Resources Ltd | 0.034 | -21% | 1,611,025 | $9,760,394 |
| REZ | Resourc & En Grp Ltd | 0.012 | -20% | 4,067,618 | $7,497,087 |
| FHS | Freehill Mining Ltd. | 0.004 | -20% | 6,973,810 | $9,634,244 |
| MTL | Mantle Minerals Ltd | 0.002 | -20% | 33,817,211 | $13,364,013 |
| ADG | Adelong Gold Limited | 0.018 | -18% | 72,663,232 | $10,094,091 |
| EYE | Nova EYE Medical Ltd | 0.26 | -15% | 40,000 | $44,494,452 |
| 1CG | One Click Group Ltd | 0.012 | -14% | 12,600 | $8,596,993 |
| GFN | Gefen Int | 0.06 | -14% | 2,746 | $4,767,009 |
| LNU | Linius Tech Limited | 0.003 | -14% | 140,000 | $10,427,945 |
| RXH | Rewardle Holding Ltd | 0.012 | -14% | 29,157 | $7,368,501 |
| GCX | GCX Metals Limited | 0.039 | -13% | 17,620 | $8,360,041 |
| ASQ | Australian Silica | 0.056 | -13% | 14,010 | $18,026,264 |
| TD1 | Tali Digital Limited | 0.0035 | -13% | 490,000 | $11,100,623 |
| KIN | KIN Min NL | 0.054 | -12% | 4,677,086 | $64,484,073 |
| MYE | Metarock Group Ltd | 0.22 | -12% | 328,067 | $32,748,137 |
| AWV | Anova Metals Ltd | 0.015 | -12% | 2,019,006 | $33,619,502 |
| RBL | Redbubble Limited | 0.505 | -11% | 2,693,418 | $158,300,527 |
| CSX | Cleanspace Holdings | 0.47 | -11% | 130,055 | $40,820,347 |
| AHF | Aust Dairy Limited | 0.04 | -11% | 898,013 | $24,983,200 |
| PR1 | Pure Resources | 0.28 | -11% | 14,450 | $7,922,253 |
| AUQ | Alara Resources Ltd | 0.032 | -11% | 58,409 | $25,851,151 |
| BPP | Babylon Pump & Power | 0.004 | -11% | 746,306 | $11,059,971 |
| CTN | Catalina Resources | 0.008 | -11% | 2,964,231 | $11,146,382 |
Art marketplace Redbubble (ASX:RBL), has behaved true to form by announcing its quarterly results, down 12% despite a 3% increase in Marketplace Revenue.