Rise and Shine: Everything you need to know before the ASX opens
News
On Stockhead today, uranium going cheap – well, under $20 million, Tesla’s rare earths stocks destroying bombshell, and Australia’s rental market halving crisis.
But first, the day ahead.
The following stocks went into trading halts yesterday and are expected out in the coming days:
Western Gold Resources (ASX:WGR) – Capital Raising
Discovery Alaska (ASX:DAF) – Potential new project announcement
SECOS Group (ASX:SES) – Capital Raising
YPB Group (ASX:YPB) – Material contract signing
Gold: $US1,857.37 (+0.07%)
Silver: $US21.26 (+0.11%)
Nickel (3mth): $US24,597/t (+0.83%)
Copper (3mth): $US8983.50/t (+0.28%)
Oil (WTI): $US79.52 (-0.26%)
Oil (Brent): $US85.50 (-0.38%)
Iron 62pc Fe: $US129/t (0.00%)
AUD/USD: 0.6748 (-0.29%)
Bitcoin: $US22,370 (-0.51%)
Mining legend Robert Friedland, ladies and gentlemen.
Fresh from @BMOmetalsmining “nice to be talking to prospectors and developers rather than bankers and wankers” says Robert Friedland at #PDAC2023 pic.twitter.com/HXUBtPIDjU
— Paul Harris, mining content provider (@PaulHarrisGold) March 5, 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.
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 |
---|---|---|---|---|---|
RLG | Roolife Group Ltd | 0.015 | 88% | 44,246,348 | $5,724,465 |
XST | Xstate Resources | 0.0015 | 50% | 1,000,000 | $3,215,182 |
X2M | X2M Connect Limited | 0.09 | 48% | 53,058 | $8,593,300 |
LNU | Linius Tech Limited | 0.002 | 33% | 1,190,004 | $4,759,119 |
MDX | Mindax Limited | 0.08 | 25% | 2,248,481 | $127,555,692 |
ROG | Red Sky Energy. | 0.005 | 25% | 515,093 | $21,208,909 |
ASQ | Australian Silica | 0.062 | 24% | 2,584 | $14,083,019 |
EX1 | Exopharm Limited | 0.017 | 21% | 566,908 | $2,200,961 |
AOA | Ausmon Resorces | 0.006 | 20% | 331,210 | $4,846,447 |
AXP | AXP Energy Ltd | 0.003 | 20% | 2,416,256 | $14,561,702 |
MCT | Metalicity Limited | 0.003 | 20% | 2,200,000 | $8,761,348 |
MTH | Mithril Resources | 0.003 | 20% | 871,502 | $8,157,725 |
5GG | Pentanet | 0.16 | 19% | 228,305 | $39,934,446 |
TIG | Tigers Realm Coal | 0.013 | 18% | 362,919 | $143,733,726 |
Z2U | Zoom2Utechnologies | 0.085 | 18% | 33,235 | $10,079,256 |
PTX | Prescient Ltd | 0.105 | 18% | 2,338,856 | $64,593,766 |
BRN | Brainchip Ltd | 0.595 | 17% | 27,430,084 | $901,199,654 |
CMG | Criticalmineralgrp | 0.175 | 17% | 44,084 | $4,580,336 |
EPX | Ept Global Limited | 0.035 | 17% | 151,143 | $11,609,880 |
AEV | Avenira Limited | 0.014 | 17% | 5,622,497 | $14,943,241 |
CXU | Cauldron Energy Ltd | 0.007 | 17% | 4,722,758 | $5,589,408 |
SI6 | SI6 Metals Limited | 0.007 | 17% | 3,549,760 | $8,972,368 |
AKP | Audio Pixels Ltd | 9.11 | 16% | 7,563 | $228,001,225 |
GPR | Geopacific Resources | 0.022 | 16% | 1,337,387 | $9,902,631 |
LIN | Lindian Resources | 0.265 | 15% | 6,755,785 | $224,885,218 |
Tiny ecommerce company RooLife (ASX:RLG) has secured stocking and distribution for Aussie brand, Remedy Drinks, into Alibaba’s 300 Freshippo supermarkets and stores in China.
While the initial orders received “are significant for a new channel”, they are not yet material to the annualised revenue of the company.
$1bn AI stock Brainchip (ASX:BRN) got a bump after announcing the launch of the second generation of its Akida platform.
And WA based gaming internet service Pentanet (ASX:5GG) has inked a deal to roll out 5G powered by Cambium Networks in a Network-as-a-Service (NaaS) agreement.
5GG says the proposal provides a flexible way to deploy 5G network infrastructure without the need for upfront CAPEX costs.
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 |
---|---|---|---|---|---|
SIH | Sihayo Gold Limited | 0.001 | -50% | 1,445,000 | $12,204,256 |
MBX | Myfoodieboxlimited | 0.02 | -44% | 418,939 | $1,329,056 |
RHY | Rhythm Biosciences | 0.585 | -39% | 4,345,281 | $208,480,885 |
AQX | Alice Queen Ltd | 0.001 | -33% | 403,272 | $3,795,431 |
CCE | Carnegie Cln Energy | 0.0015 | -25% | 353,981 | $31,285,147 |
RBR | RBR Group Ltd | 0.003 | -25% | 1,481,897 | $5,626,952 |
MRI | Myrewardsinternation | 0.023 | -23% | 35,819 | $6,134,461 |
IOU | Ioupay Limited | 0.038 | -22% | 27,410,358 | $28,041,499 |
AIV | Activex Limited | 0.024 | -20% | 124,850 | $6,481,577 |
AUK | Aumake Limited | 0.004 | -20% | 96,389 | $4,372,235 |
MTL | Mantle Minerals Ltd | 0.002 | -20% | 1,600,000 | $13,364,013 |
ICG | Inca Minerals Ltd | 0.023 | -18% | 4,984,885 | $13,519,894 |
CLU | Cluey Ltd | 0.185 | -18% | 13,190 | $31,113,052 |
HMY | Harmoney Corp Ltd | 0.46 | -17% | 64,461 | $56,363,351 |
AMD | Arrow Minerals | 0.005 | -17% | 28,911 | $17,449,863 |
CLZ | Classic Min Ltd | 0.0025 | -17% | 2,996,976 | $3,777,791 |
PNX | PNX Metals Limited | 0.0025 | -17% | 5,223,087 | $16,141,874 |
M2R | Miramar | 0.052 | -16% | 23,477 | $4,382,268 |
DTR | Dateline Resources | 0.021 | -16% | 5,137,722 | $14,129,613 |
SSH | Sshgroupltd | 0.16 | -16% | 44,306 | $8,209,160 |
GIB | Gibb River Diamonds | 0.055 | -15% | 30,076 | $13,748,114 |
HCD | Hydrocarbon Dynamic | 0.011 | -15% | 800,000 | $7,631,787 |
NME | Nex Metals Explorat | 0.017 | -15% | 13,043 | $5,576,380 |
ASW | Advanced Share Ltd | 0.145 | -15% | 17,040 | $32,879,322 |
WEC | White Energy Company | 0.145 | -15% | 19,668 | $6,896,779 |
Cancer biotech Rhythm Biosciences (ASX:RHY) withdrew its current ColoSTAT application for an Australian Register of Therapeutic Goods (ARTG) listing.
This intended withdrawal does not impede the company’s proposed market entry activities into other CE Mark conforming territories and additional international markets, including the US, it says.