Pic: Travis Head. (Photo by Robert Cianflone/Getty Images)
Rise and Shine: Everything you need to know before the ASX opens
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On Stockhead today, cheap rutile stocks, bargain gig economy buys, semis and a soft outlook. There’s a joke in there about dicks but we’re too classy to make it.
Let’s go straigh to the day ahead.
LOCAL DATA DUMP: MONDAY
Melbourne Institute inflation gauge
TRADING HALTS
The following stocks went into trading halts Friday and are expected out in the coming days:
Caprice Resources (ASX:CRS) – pending drilling results for the Northampton polymetallic project
Sayona Mining (ASX:SYA) – capital raising
Great Boulder Resources (ASX:GBR) – pending drilling results
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1,855.25 (+1.05%)
Silver: $US21.26 (+1.78%)
Nickel (3mth): $US24,395/t (-1.99%)
Copper (3mth): $US8958.50/t (-1.56%)
Oil (WTI): $US79.68 (+1.94%)
Oil (Brent): $US85.94 (+1.40%)
Iron 62pc Fe: $US129/t (0.00%)
AUD/USD: 0.6768 (+0.58%)
Bitcoin: $US22,386 (+0.66%)
WHAT GOT YOU TALKING OVER THE WEEKEND?
“[insert whatever here] is a battery metal,” says every junior explorer right now.
At #PDAC this year? Don’t forget to take along your #PDAC2023 Bingo Card, or pick a copy up from the Silver Range Resources $SNG.v booth #3124 (they offer prizes for a full house, too) @the_PDAC . Here’s this year’s card: pic.twitter.com/kfivZLR0BF
— Mark (@Mark_IKN) March 4, 2023
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.
LAST WEEK’S ASX SMALL CAP LEADERS
Here are last week’s best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % Week | Market Cap |
|---|---|---|---|---|
| RXL | Rox Resources | 0.245 | 69% | $54,966,794 |
| RSH | Respiri Limited | 0.065 | 55% | $49,703,744 |
| AVH | Avita Medical | 4.000 | 52% | $285,520,262 |
| AQX | Alice Queen Ltd | 0.002 | 50% | $3,795,431 |
| BEX | Bikeexchange Ltd | 0.015 | 50% | $13,045,804 |
| CAV | Carnavale Resources | 0.003 | 50% | $8,200,655 |
| CT1 | Constellation Tech | 0.006 | 50% | $8,827,202 |
| SIT | Site Group Int Ltd | 0.003 | 50% | $3,153,735 |
| TD1 | Tali Digital Limited | 0.003 | 50% | $8,325,467 |
| WBE | Whitebark Energy | 0.002 | 50% | $9,697,329 |
| ASO | Aston Minerals Ltd | 0.140 | 44% | $116,920,748 |
| ZEO | Zeotech Limited | 0.060 | 43% | $106,645,869 |
| AFL | Af Legal Group Ltd | 0.140 | 40% | $9,820,177 |
| ATU | Atrum Coal Ltd | 0.007 | 40% | $9,741,894 |
| MGL | Magontec Limited | 0.410 | 39% | $31,396,343 |
| WYX | Western Yilgarn NL | 0.125 | 36% | $5,353,726 |
| GGX | Gas2Grid Limited | 0.002 | 33% | $8,154,204 |
| GTI | Gratifii | 0.016 | 33% | $15,373,787 |
| MRQ | Mrg Metals Limited | 0.004 | 33% | $7,943,675 |
| OAU | Ora Gold Limited | 0.004 | 33% | $3,936,925 |
| RBR | RBR Group Ltd | 0.004 | 33% | $5,626,952 |
| YPB | YPB Group Ltd | 0.004 | 33% | $1,626,185 |
| IHR | intelliHR Limited | 0.138 | 31% | $36,549,045 |
| CYQ | Cycliq Group Ltd | 0.009 | 29% | $2,780,133 |
| EQR | Eq Resources Limited | 0.065 | 27% | $95,191,651 |
| EQS | Equitystorygroupltd | 0.042 | 27% | $1,217,363 |
| RBX | Resource B | 0.165 | 27% | $7,419,078 |
| IFM | Infomedia Ltd | 1.498 | 27% | $533,617,540 |
| SMX | Security Matters | 0.260 | 27% | $43,642,191 |
| C1X | Cosmosexploration | 0.475 | 27% | $16,564,375 |
| AUK | Aumake Limited | 0.005 | 25% | $4,372,235 |
| BAT | Battery Minerals Ltd | 0.005 | 25% | $14,676,212 |
| BCC | Beam Communications | 0.250 | 25% | $20,741,261 |
| RLF | Rlfagtechltd | 0.200 | 25% | $17,547,128 |
| OM1 | Omnia Metals Group | 0.310 | 24% | $7,856,007 |
| SOM | SomnoMed Limited | 1.230 | 23% | $102,207,754 |
| DUR | Duratec | 0.860 | 23% | $207,146,736 |
| PYC | PYC Therapeutics | 0.086 | 23% | $273,559,645 |
| MYX | Mayne Pharma Ltd | 3.745 | 22% | $328,523,807 |
| NHE | Nobleheliumlimited | 0.170 | 21% | $19,123,815 |
| RXH | Rewardle Holding Ltd | 0.017 | 21% | $8,421,144 |
| MXI | Maxiparts Limited | 2.280 | 21% | $106,572,861 |
| STX | Strike Energy Ltd | 0.375 | 21% | $941,569,394 |
| KZA | Kazia Therapeutics | 0.145 | 21% | $34,737,472 |
| RMS | Ramelius Resources | 1.038 | 21% | $860,149,941 |
| BTE | Botalaenergyltd | 0.120 | 20% | $6,398,000 |
| SIX | Sprintex Ltd | 0.042 | 20% | $11,954,653 |
| T88 | Taitonresources | 0.210 | 20% | $11,335,400 |
| VAR | Variscan Mines Ltd | 0.018 | 20% | $4,801,176 |
| WOO | Wooboard Tech Ltd | 0.006 | 20% | $1,149,774 |
Drilling pulled up 28m at 34.81g/t gold from 204m in a largely untested area outside the current 3.2Moz resource at the Rox Resources (ASX:RXL) – Venus Metals (ASX:VMC) Youanmi project JV in WA.
That includes a 10m section grading 79.55g/t from 211m.
RXL managing director Rob Ryan says the result from the first hole at ‘Youanmi South’ opens a new near-mine area for exploration and potential high-grade resource growth.
READ: Q+A: How Rox Resources will pull another half a million oz of gold from Youanmi
Avita Medical’s (ASX:AVH) full-year commercial revenue increased 36% over the prior corresponding period to $25.1 million.
After a shocking two-year period the company appears to be on the recovery trail, up 107.6% YTD.
LAST WEEK’S ASX SMALL CAP LAGGARDS
Here are last week’s worst performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % Week | Market Cap |
|---|---|---|---|---|
| TRM | Truscott Mining Corp | 0.061 | -58% | $10,698,052 |
| OLI | Oliver'S Real Food | 0.027 | -54% | $12,781,226 |
| ROO | Roots Sustainable | 0.001 | -50% | $1,039,220 |
| XST | Xstate Resources | 0.001 | -50% | $3,215,182 |
| LAW | Lawfinance Ltd | 0.012 | -43% | $766,412 |
| FCL | Fineos Corp Hold PLC | 1.313 | -33% | $426,139,548 |
| CLZ | Classic Min Ltd | 0.002 | -33% | $3,777,791 |
| DDT | DataDot Technology | 0.004 | -33% | $3,731,608 |
| KEY | KEY Petroleum | 0.001 | -33% | $1,967,928 |
| MEB | Medibio Limited | 0.001 | -33% | $4,150,594 |
| NET | Netlinkz Limited | 0.012 | -33% | $45,394,925 |
| SLX | Silex Systems | 3.420 | -33% | $763,757,020 |
| BBX | BBX Minerals Ltd | 0.105 | -32% | $51,525,755 |
| XTE | Xtek Limited | 0.500 | -32% | $53,933,703 |
| M24 | Mamba Exploration | 0.120 | -31% | $7,013,084 |
| DUB | Dubber Corp Ltd | 0.235 | -31% | $69,232,828 |
| TMZ | Thomson Res Ltd | 0.005 | -31% | $4,349,755 |
| 3DP | Pointerra Limited | 0.115 | -30% | $67,780,620 |
| AYT | Austin Metals Ltd | 0.005 | -29% | $5,587,311 |
| ICN | Icon Energy Limited | 0.010 | -29% | $7,680,137 |
| DTR | Dateline Resources | 0.026 | -28% | $20,346,643 |
| VTI | Vision Tech Inc | 0.260 | -26% | $8,145,567 |
| GLVDB | Global Oil & Gas | 0.015 | -25% | $6,857,615 |
| LNU | Linius Tech Limited | 0.002 | -25% | $4,759,119 |
| MGG | Mogul Games Grp Ltd | 0.002 | -25% | $3,263,441 |
| MTB | Mount Burgess Mining | 0.003 | -25% | $2,649,513 |
| PRM | Prominence Energy | 0.002 | -25% | $3,636,913 |
| DDB | Dynamic Group | 0.260 | -25% | $32,292,709 |
| TGH | Terragen | 0.045 | -24% | $8,730,866 |
| ASR | Asra Minerals Ltd | 0.010 | -23% | $16,138,305 |
| NOU | Noumi Limited | 0.100 | -23% | $30,482,025 |
| G88 | Golden Mile Res Ltd | 0.017 | -23% | $3,478,026 |
| IMI | Infinitymining | 0.170 | -23% | $13,001,314 |
| NCR | Nucoal Resources Ltd | 0.007 | -22% | $6,917,511 |
| RPM | RPM Automotive Group | 0.105 | -22% | $18,349,790 |
| SDG | Sunland Group Ltd | 1.355 | -22% | $183,458,750 |
| R3D | R3D Resources Ltd | 0.050 | -22% | $5,621,255 |
| VN8 | Vonex Limited. | 0.050 | -22% | $19,900,574 |
| OCA | Oceania Healthc Ltd | 0.700 | -22% | $517,459,615 |
| HIL | Hills Ltd | 0.018 | -22% | $4,175,739 |
| AKN | Auking Mining Ltd | 0.064 | -22% | $11,596,950 |
| BTC | BTC Health Ltd | 0.022 | -21% | $7,328,005 |
| CRS | Caprice Resources | 0.048 | -21% | $4,933,399 |
| CI1 | Credit Intelligence | 0.150 | -21% | $12,942,370 |
| IRX | Inhalerx Limited | 0.045 | -21% | $8,539,513 |
| MRL | Mayur Resources Ltd | 0.155 | -21% | $45,811,256 |
| CHK | Cohiba Min Ltd | 0.004 | -20% | $7,979,599 |
| DOU | Douugh Limited | 0.008 | -20% | $8,349,855 |
| ILA | Island Pharma | 0.080 | -20% | $3,892,170 |
| EMD | Emyria Limited | 0.180 | -20% | $53,961,290 |
Long suspended Oliver’s Real Food (ASX:OLI) returned to the bourse last week with a whimper.
