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Rise and Shine: Everything you need to know before the ASX opens
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On Stockhead today, why don’t we just, like, mine natural hydrogen, ASX stocks riding the AUD rollercoaster, and why is UBS cold on Pilbara Minerals?
But first, the day ahead…
TRADING HALTS
These companies are in them, or due to come out of them:
Sovereign Metals (ASX:SVM) – response to an ASX price query
Security Matters (ASX:SMX) – pending an announcement by the Company due to the Federal Court presently considering making orders in relation to the business combination with Lionheart III, including as to timing and further disclosure in relation to the schemes.
Adveritas (ASX:AV1) – capital raising
My Foodie Box (ASX:MBX) – capital raising
PNX Metals (ASX:PNX) – capital raising
Kleos Space (ASX:KSS) – capital raising
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1928.30 (-0.90%)
Silver: $US23.91 (+0.02%)
Nickel (3mth): $US27,651/t (+4.40%)
Copper (3mth): $US9.342/t (+0.25%)
Oil (WTI): $US81.46 (+1.6%)
Oil (Brent): $US87.33 (+1.42%)
Iron 62pc Fe: $US124.50 (+0.00%)
AUD/USD: 0.7093 (-0.12%)
Bitcoin: $US23,005 (-2.53%)
WHAT GOT YOU TALKING?
What’s Reubs got in his big gold bargain barrel today?
Today we’re focussing on 5 sub-$50m #ASX #gold and #silver producers, who could benefit from rising precious metals prices in 2023 and beyond. $KAU $TBA $HRZ $CLZ $MKR
@KaiserReef @Classic_CLZ
@ManukaResources
@HorizonHRZ@Tombola_gold https://t.co/dHXGHlxfRf— Stockhead (@StockheadAU) January 26, 2023
Keep up to date with Stockhead coverage or you could 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 were Friday’s best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ARE | Argonaut Resources | 0.003 | 50% | 64,329,788 | $12,723,743 |
| LML | Lincoln Minerals | 0.065 | 41% | 44,186,529 | $26,449,250 |
| BME | Blackmountainenergy | 0.043 | 34% | 1,202,719 | $1,760,000 |
| CCE | Carnegie Cln Energy | 0.002 | 33% | 1,609,686 | $23,463,861 |
| C1X | Cosmosexploration | 0.5 | 28% | 5,451,926 | $9,750,000 |
| CLZ | Classic Min Ltd | 0.01 | 25% | 7,243,326 | $7,066,109 |
| PGY | Pilot Energy Ltd | 0.02 | 25% | 29,379,977 | $12,501,505 |
| RON | Roninresourcesltd | 0.155 | 24% | 50,000 | $3,624,762 |
| BNZ | Benzmining | 0.53 | 23% | 480,389 | $31,950,412 |
| BMO | Bastion Minerals | 0.069 | 23% | 4,786,348 | $6,026,351 |
| ETR | Entyr Limited | 0.022 | 22% | 5,907,720 | $27,138,619 |
| FTL | Firetail Resources | 0.15 | 20% | 65,593 | $8,125,000 |
| LNU | Linius Tech Limited | 0.003 | 20% | 755,556 | $7,448,532 |
| EQN | Equinoxresources | 0.16 | 19% | 167,406 | $6,075,000 |
| BKY | Berkeley Energia Ltd | 0.365 | 18% | 1,576,009 | $138,196,982 |
| ELE | Elmore Ltd | 0.02 | 18% | 3,636,483 | $23,789,525 |
| SVM | Sovereign Metals | 0.505 | 17% | 1,151,430 | $202,476,260 |
| OZZ | OZZ Resources | 0.0645 | 17% | 216,301 | $2,580,850 |
| DRE | Dreadnought Resources Ltd | 0.11 | 17% | 22,685,415 | $290,434,453 |
| SIX | Sprintex Ltd | 0.049 | 17% | 519,530 | $10,682,882 |
| AJQ | Armour Energy Ltd | 0.007 | 17% | 714,285 | $13,991,989 |
| GNM | Great Northern | 0.0035 | 17% | 420,398 | $5,127,153 |
| ABV | Adv Braking Tech Ltd | 0.043 | 16% | 3,549,167 | $14,028,504 |
| FDR | Finder | 0.11 | 16% | 1,515,682 | $7,125,000 |
| MEM | Memphasys Ltd | 0.015 | 15% | 335,382 | $12,473,765 |
Dreadnought (ASX:DRE) has extended the current strike of the Yin Rare Earth Element (REE) Ironstone Complex by 30% to ~43kms at its Mangaroon project, in WA.
“With over 43kms of mineralised ironstones, a multi-metal, regional source at C3 and six more potential source carbonatites, we are extremely excited about what the drill rigs will deliver for us in 2023,” MD Dean Tuck said.
Drilling of the Yin Ironstone Complex and the C1-7 carbonatites will commence in February/March 2023.
ASX SMALL CAP LAGGARDS
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 |
|---|---|---|---|---|---|
| GLV | Global Oil & Gas | 0.001 | -33% | 6,956,058 | $5,143,196 |
| CAI | Calidus Resources | 0.285 | -26% | 12,226,779 | $169,101,690 |
| PRM | Prominence Energy | 0.0015 | -25% | 200,000 | $4,849,218 |
| VIP | VIP Gloves | 0.003 | -25% | 2,258,610 | $3,147,126 |
| VPR | Volt Power Group | 0.0015 | -25% | 778,501 | $21,432,416 |
| SPA | Spacetalk Ltd | 0.031 | -23% | 2,540,826 | $10,247,974 |
| CT1 | Constellation Tech | 0.004 | -20% | 1,000,000 | $7,356,002 |
| HPP | Health Plant Protein | 0.055 | -19% | 215,111 | $8,351,810 |
| JTL | Jayex Technology Ltd | 0.01 | -17% | 1,000,000 | $2,990,742 |
| OAR | OAR Resources Ltd | 0.005 | -17% | 33,514,940 | $14,466,227 |
| TD1 | Tali Digital Limited | 0.0025 | -17% | 1,020,000 | $8,325,467 |
| PKO | Peako Limited | 0.016 | -16% | 145,500 | $7,205,090 |
| CHR | Charger Metals | 0.335 | -15% | 1,120,363 | $17,267,175 |
| MHC | Manhattan Corp Ltd | 0.006 | -14% | 295,000 | $10,683,951 |
| TNY | Tinybeans Group Ltd | 0.2275 | -14% | 11,621 | $16,267,146 |
| CUS | Coppersearchlimited | 0.25 | -14% | 55,141 | $15,310,520 |
| SRJ | SRJ Technologies | 0.13 | -13% | 92,000 | $13,376,288 |
| CMD | Cassius Mining Ltd | 0.027 | -13% | 100,000 | $12,663,280 |
| SHO | Sportshero Ltd | 0.014 | -13% | 1,795,288 | $9,200,017 |
| UNT | Unith Ltd | 0.028 | -13% | 2,826,479 | $23,832,396 |
| G50 | Gold50Limited | 0.175 | -13% | 88,428 | $11,388,600 |
| FOD | The Food Revolution | 0.03 | -12% | 327,911 | $32,189,897 |
| BTR | Brightstar Resources | 0.023 | -12% | 1,551,500 | $21,557,349 |
| NMR | Native Mineral Res | 0.086 | -11% | 789,231 | $11,218,035 |
| LLO | Lion One Metals Ltd | 1.02 | -11% | 37,784 | $13,302,405 |
