On Stockhead today,

 

But first, the day ahead.

 

TRADING HALTS

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

WAM Leaders (ASX:WLE) – Placement to wholesale and sophisticated investors, and a capital raise for the rest of us plebs.

Battery Minerals (ASX:BAT) – Fund raising, possibly to convert the Batmobile from jet-powered to a more efficient EV setup.

Tivan (ASX:TVN) – Project facilitation agreement. I do not know what that means.

BikeExchange (ASX:BEX) – Capital raising.

Fiji Kava (ASX:FIJ) – Fiji Kava needs to issue a clarification to news of the RooLife distribution deal, with details due on Friday morning.

Avira Resources (ASX:AVW) – It looks like the ASX has issued a “please explain” over AVW’s announcement from earlier in the day. See above for the details.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US2,022.56 (+0.68%)

Silver: $US25.32 (-0.55%)

Nickel (3mth): $US23,199/t (-2.29%)

Copper (3mth): $US9001.00/t (-0.02%)

Oil (WTI): $US82.30 (+2.25.%)

Oil (Brent): $US85.59 (+1.65%)

Iron 62pc Fe: $US120.00/t (+0.42%)

AUD/USD: 0.6653 (+0.25%)

Bitcoin: $US30,263 (+2.89%)

 

WHAT GOT YOU TALKING?

China: Making rare earths rarer…

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 Twitter is the place to get and share 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:

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

Code Company Price % Volume Market Cap
FIJ Fiji Kava Limited 0.006 100% 12,670,062 $1,200,266
PNTR Panthermetalsltd 0.002 100% 119,000 $27,313
CDR Codrus Minerals Ltd 0.115 34% 1,033,757 $3,476,980
BEZ Besragoldinc 0.245 32% 13,832,688 $65,464,449
GIB Gibb River Diamonds 0.061 30% 238,000 $9,940,944
SIO Simonds Grp Ltd 0.14 27% 230,210 $39,589,710
MRL Mayur Resources Ltd 0.2 25% 366,940 $47,289,038
OAK Oakridge 0.1 25% 7,394 $1,375,654
AVM Advance Metals Ltd 0.01 25% 1,903,657 $4,656,353
VAL Valor Resources Ltd 0.005 25% 51,218 $15,092,139
OZM Ozaurum Resources 0.066 25% 1,455,000 $6,731,000
SES Secos Group Ltd 0.0815 23% 401,814 $38,229,472
JRV Jervois Global Ltd 0.1125 22% 53,521,495 $191,343,446
TSL Titanium Sands Ltd 0.011 22% 250,000 $12,657,581
AR3 Austrare 0.555 21% 6,521,424 $43,792,714
HRE Heavy Rare Earths 0.12 20% 1,635,580 $5,948,793
RLG Roolife Group Ltd 0.012 20% 4,801,084 $7,155,581
CAI Calidus Resources 0.29 18% 5,417,219 $107,689,956
1AE Auroraenergymetals 0.13 18% 205,861 $13,502,960
KRR King River Resources 0.013 18% 2,103,211 $17,088,774
PXX Polarx Limited 0.013 18% 872,118 $14,882,416
ASP Aspermont Limited 0.02 18% 1,014,285 $41,328,481
5EA 5Eadvanced 0.87 17% 2,009,846 $212,734,161
LYK Lykosmetalslimited 0.07 17% 133,460 $3,744,000
MME Moneyme Limited 0.14 17% 707,402 $33,989,667
Wordpress Table Plugin

Codrus Minerals (ASX:CDR), stacked on a 39.5% climb on news that it’s started up the drills at its high-grade Karloning Rare Earth project.

Rock/soil sampling returned very high grades up to 2.85% dysprosium and 6.41% niobium, and the drilling the company kicked off is to find out just how large the target is.

Besra Gold (ASX:BEZ), which ended the day up 37.8% on no fresh news, but there’s little doubt that it’s flavour of the month for investors.

BEZ is up around 450% since revealing that it’s entered into a non-binding offtake and funding deal with bullion dealer and major shareholder Quantum Metal Recovery, bouncing higher again after Quantum sent through the first $2 million payment to Besra.

To sweeten the pot for investors even further, by the end of this month there’s another $3 million heading Besra’s way.

Heavy Rare Earths (ASX:HRE) has drilled into high grade intercepts of up to 4839ppm TREO at its newly-discovered Western Zone at Cowalinya, where the company says 159 mineralised intercepts have been drilled, covering approximately 13km2.

The results confirm the potential to host a material increase in rare earths resources , looking to upgrade its current Inferred Resource of 28Mt @ 625ppm TREO, once assays from another 36 holes are in.

At lunchtime, AR3 was up 35%, but eased to a 20.6% gain for the day.

 

ASX SMALL CAP LAGGARDS

Here are the least best performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
ACS Accent Resources NL 0.006 -76% 13,000 $11,828,182
CCE Carnegie Cln Energy 0.001 -50% 169,298 $31,285,147
GGX Gas2Grid Limited 0.001 -50% 2,262,026 $8,154,204
ERAR Energy Resources 0.015 -46% 667,040 $516,793,648
ARE Argonaut Resources 0.0015 -25% 650,000 $12,723,743
DCX Discovex Res Ltd 0.003 -25% 28,482,478 $13,210,272
ANR Anatara Ls Ltd 0.03 -23% 30,516 $4,677,035
LER Leaf Res Ltd 0.017 -23% 1,861,442 $45,364,855
RR1 Reach Resources Ltd 0.004 -20% 4,001,735 $12,387,753
ADS Adslot Ltd. 0.005 -17% 2,207,326 $13,226,090
HHI Health House Int Ltd 0.005 -17% 301,627 $847,978
MTL Mantle Minerals Ltd 0.0025 -17% 490,000 $16,036,815
OAU Ora Gold Limited 0.0025 -17% 7,605,859 $11,810,775
CDT Castle Minerals 0.016 -16% 22,290,464 $21,365,367
PRS Prospech Limited 0.045 -15% 5,990,700 $5,381,799
ICN Icon Energy Limited 0.006 -14% 152,069 $5,376,096
MRD Mount Ridley Mines 0.003 -14% 1,412,496 $27,247,090
OAR OAR Resources Ltd 0.003 -14% 950,000 $8,438,633
MCM Mc Mining Ltd 0.155 -14% 77,106 $71,939,736
SHG Singular Health 0.058 -13% 1,874,821 $7,600,924
OLH Oldfields Holdings 0.065 -13% 5,000 $14,981,696
NAG Nagambie Resources 0.04 -13% 836,191 $24,641,915
LCY Legacy Iron Ore 0.014 -13% 726,764 $102,509,219
ROG Red Sky Energy. 0.0035 -13% 1,670,449 $21,208,909
IMB Intelligent Monitor 0.105 -13% 208 $15,684,035
Wordpress Table Plugin

Read MoreChinaRare Earths

Featured Companies

You might be interested in