On Stockhead today, will 2023 be the Year of the, uh… sand, are we mad for going cold on gold, and a shiny s..tcoin for you if you know what a Bitcoin Ordinal is.
But first, the day ahead.

 

TRADING HALTS

The following stocks went into trading halts and are expected out in the coming days:

New Talisman Gold Mines (ASX:NTL) – ensure compliance with ASX listing rule 5.16 for a rights offer document

Botanix Pharmaceuticals (ASX:BOT) – in relation to a press article

Seafarms Group (ASX:SFG) – proposed appointment of an administrator to its fully owned subsidiary, Project Sea Dragon Pty Ltd.

Megado Gold (ASX:MEG) – proposed acquisition

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,860.15 (+0.36%)

Silver: $US21.93 (-0.67%)

Nickel (3mth): $US27,794/t (-4.63%)

Copper (3mth): $US8,857.50/t (-1.40%)

Oil (WTI): $US79.23 (-1.04%)

Oil (Brent): $US86.27 (-0.39%)

Iron 62pc Fe: $US123.00/t (-2.38%)

AUD/USD: 0.6963 (-0.02%)

Bitcoin: $US21,725 (+0.44%)

 

WHAT GOT YOU TALKING YESTERDAY?

Chalice Mining (ASX:CHN) spinout Falcon Metals (ASX:FAL) was yesterday’s biggest winner after reporting multiple high grade gold hits at Ironbark East, part of the flagship Pyramid Hill project in Victoria.

Pyramid Hill was CHN’s No 1 focus before it hit the motherlode at Julimar, and is highly prospective for high-grade gold deposits like the nearby, world-class Fosterville mine.

According to the Victorian government there’s 32Moz of undiscovered gold in the North Bendigo zone where FAL has a dominant landholding.

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.

 

YESTERDAY’S ASX SMALL CAP LEADERS

Here are yesterday’s best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap
FAL Falconmetalsltd 0.345 64% 6,510,352 $37,170,000
XST Xstate Resources 0.0015 50% 590,500 $3,215,182
MCT Metalicity Limited 0.004 33% 6,710,000 $10,476,118
BUY Bounty Oil & Gas NL 0.014 27% 79,669,821 $15,075,511
ZEU Zeus Resources Ltd 0.025 25% 11,343,369 $8,766,000
MRD Mount Ridley Mines 0.005 25% 29,684,938 $31,139,531
SHO Sportshero Ltd 0.02 25% 2,882,115 $9,200,017
CTO Citigold Corp Ltd 0.006 20% 983,209 $14,168,295
OXX Octanex Ltd 0.006 20% 1,205,832 $1,294,888
CBH Coolabah Metals Limi 0.13 18% 195,978 $4,125,000
NVU Nanoveu Limited 0.02 18% 948,409 $5,767,595
ADG Adelong Gold Limited 0.0105 17% 3,873,704 $4,804,401
FGL Frugl Group Limited 0.007 17% 258,985 $1,827,462
NZS New Zealand Coastal 0.0035 17% 49,695 $3,381,015
PUR Pursuit Minerals 0.028 17% 12,411,371 $27,421,196
PEK Peak Rare Earths Ltd 0.64 16% 1,138,593 $114,420,587
TCG Turaco Gold Limited 0.065 16% 1,282,859 $23,952,133
DMM Dmcmininglimited 0.11 16% 56,200 $2,845,250
ICN Icon Energy Limited 0.015 15% 552,423 $9,984,178
MMI Metro Mining Ltd 0.015 15% 2,165,552 $56,729,785
HAR Harangaresources 0.19 15% 1,046 $8,384,313
WMG Western Mines 0.19 15% 138,711 $6,770,363
AJX Alexium Int Group 0.023 15% 111,253 $12,910,541
AYT Austin Metals Ltd 0.008 14% 852,000 $7,111,123
Wordpress Table Plugin

Falcon Metals (ASX:FAL) has reported multiple high grade gold hits at Ironbark East, part of the flagship Pyramid Hill project in Victoria.

Highlights include 12m @ 6.18g/t gold from 74m, including 1m @ 52.9g/t from 77m – the highest-grade gold intercept to date at Pyramid Hill.

Mount Ridley Mines (ASX:MRD) is hitting thick and shallow clay rare earths at its namesake project in WA, including 35m at 1,999ppm TREO (26% MagREO) from 18m at the new Jodi prospect.

Bounty Oil & Gas (ASX:BUY) and its JV partner BPH Energy (ASX:BPH) have won a court battle over the PEP 11 exploration permit offshore NSW.

This ruling sets aside the decision made in March 2022 by then PM (and everything else) Scott Morrison, who overruled his resources minister to reject the offshore gas exploration permit in the lead-up to the election.

 

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are yesterday’s worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap
TTB Total Brain Ltd 0.003 -57% 8,994,181 $936,048
PVS Pivotal Systems 0.023 -54% 2,759,918 $7,975,188
VPR Volt Power Group 0.001 -50% 1,000,000 $21,432,416
AQX Alice Queen Ltd 0.001 -33% 6,575,000 $3,795,431
T3D 333D Limited 0.001 -33% 66,335 $4,783,976
CY5 Cygnus Metals Ltd 0.34 -26% 2,995,292 $84,582,138
TPW Temple & Webster Ltd 3.66 -26% 6,033,046 $608,601,025
ROO Roots Sustainable 0.0015 -25% 950,300 $2,078,439
WEC White Energy Company 0.22 -23% 66,963 $11,562,248
CSX Cleanspace Holdings 0.515 -21% 13,794 $50,062,690
MTB Mount Burgess Mining 0.004 -20% 132,008 $4,415,856
BVR Bellavistaresources 0.175 -19% 43,115 $8,164,090
PR1 Pureresourceslimited 0.255 -18% 573,063 $7,796,503
A3D Aurora Labs Limited 0.029 -17% 1,937,533 $6,445,532
SPZ Smart Parking Ltd 0.22 -17% 1,246,033 $92,843,545
ATU Atrum Coal Ltd 0.005 -17% 901,904 $8,350,195
OLL Openlearning 0.021 -16% 54,500 $6,696,727
BCK Brockman Mining Ltd 0.022 -15% 21,570 $241,286,035
HLF Halo Food Co. Ltd 0.022 -15% 5,277,444 $10,420,013
AW1 Americanwestmetals 0.053 -15% 3,232,971 $9,560,922
AWV Anova Metals Ltd 0.18 -14% 1,251,407 $41,529,927
REY REY Resources Ltd 0.09 -14% 50,000 $22,252,392
MTH Mithril Resources 0.003 -14% 520 $11,420,816
NES Nelson Resources. 0.006 -14% 2,345,698 $4,120,160
NNG Nexion Group 0.03 -14% 192,041 $5,330,775
Wordpress Table Plugin

Featured Companies

You might be interested in