On Stockhead today, the ASX players positioned for Europe critical minerals push, Macquarie’s updated gold stocks scorecard, and why hybrid notes are in a spot of bother.

But first, the day ahead.

LOCAL DATA DUMP: MONDAY

 

TRADING HALTS

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

Happy Valley Nutrition (ASX:HVM) – capital raising.

Proteomics International (ASX:PIQ) – pending the release of the results from a study to validate the performance of a panel of protein biomarkers for diagnosing endometriosis, which will be presented today in Brisbane at the 70th Annual Meeting of the international Society for Reproductive Investigation. 

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,978.57 (-0.75%)

Silver: $US23.21 (+0.41%)

Nickel (3mth): $US23,268/t (+4.50%)

Copper (3mth): $US8518.50/t (+0.16%)

Oil (WTI): $US69.26 (-1.00%)

Oil (Brent): $US74.99 (-1.21%)

Iron 62pc Fe: $US126.00/t (-0.51%)

AUD/USD: 0.6645 (-0.58%)

Bitcoin: $US27,749 (+0.99%)

 

WHAT GOT YOU TALKING OVER THE WEEKEND?

Are we ready for a bullrun? And some thoughts on that $1m bet..

 

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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:

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The small cap leader today was gold explorer Sihayo Gold (ASX:SIH) after announcing positive results for three more holes in the current drilling program at the company’s Sihayo Starter Project in North Sumatra, Indonesia.

All three holes returned significant gold intercepts, including:

  • Hole SHDD653 intersected 50.0m @ 7.75g/t Au from 215m, including 22.0m @ 13.14g/t Au from 228m;
  • Hole SHDD651 intersected 32.0m @ 4.73g/t Au from 249m, including 18.0m @ 7.55g/t Au from 263m; and
  • Hole SHDD652 intersected 10.55m @ 3.09g/t Au from 305m, including 4.55m @ 4.98g/t Au from 311m.

SIH said 14 holes for 4,736m of diamond drilling have been completed to date with follow-up drilling program testing potential extensions to known deeper high grade gold mineralisation at Sihayo.

“We believe the Sihayo gold deposit, which appears to be strengthening in both grade and thickness at depth, is analogous to the multi-million ounce Cortez Hills gold deposit in Nevada,” executive chairman Colin Moorhead said.

With these latest intercepts, we believe there is strong potential to grow the resource and further strengthen the case for an independent underground operation at Sihayo.” 

 

ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

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