Wednesday on Stockhead:
Why tin is now the best thing since sliced lithium.
Why gold is still gold, only cheaper.
Why iron ore will remain a steal until Chinese steel mills put or fold.
So why read anything else about the day ahead on the ASX and beyond.
TRADING HALTS
The following stocks went into trading halts yesterday and are expected out in the coming days:
TMK Energy (ASX:TMK) – Pending a capital raising announcement.
The Environmental Group (ASX:EGL) – Also pending a capital raising announcement.
Unico Silver (ASX:USL) – Pending a capital raise announcement as well.
Linius Technologies (ASX:LNU) – Pending finalising a capital raising.
Great Southern Mining (ASX:GSN) – Another pending capital raising announcement.
International Graphite (ASX:IG6) – Pending announcement of results from a scoping study for proposed Collie Graphite Battery Anode Material Facility.
Vital Metals (ASX:VML) – Pending release of announcement on strategic review of the Saskatoon Plant.
Echo IQ (ASX:EIQ) – Pending results in relation to the Australian Clinical Study Results.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US2004.03 (+0.51%)
Silver: $US25.11 (+0.26%)
Nickel (3mth): $US24,025/t (+2.02%)
Copper (3mth): $US9002.50/t (+0.27%)
Oil (WTI): $US81.11 (-1.73%)
Oil (Brent): $US84.53 (-0.01%)
Iron 62pc Fe: $US120.00/t (0.00%)
AUD/USD: 0.6700 (-0.10%)
Bitcoin: $US31,086 (+2.51%)
WHAT GOT YOU TALKING YESTERDAY?
The ASX pistols.
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 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:
Swipe or scroll to reveal full table. Click headings to sort:
Code Company Price % Volume Market Cap LRV Larvotto Resources 0.245 81% 11,048,589 $9,079,387 DAF Discovery Alaska Ltd 0.049 63% 2,603,782 $6,727,041 OD6 OD6 Metals 0.465 58% 10,781,174 $16,229,571 VPR Volt Power Group 0.0015 50% 3,022,445 $10,716,208 HPR High Peak Royalties 0.065 33% 146,177 $10,238,864 MTM Mt Monger Resources 0.145 32% 2,649,546 $7,783,627 ADS Adslot Ltd 0.005 25% 12,716,456 $8,817,394 MOH Moho Resources 0.02 25% 730,555 $3,322,595 RDS Redstone Resources 0.01 25% 3,436,750 $5,894,659 WOA Wide Open Agriculture 0.21 20% 319,295 $22,624,310 CTO Citigold Corp Ltd 0.006 20% 1,100,000 $14,368,295 ERL Empire Resources 0.006 20% 3,253,498 $5,564,675 MBX My Foodie Box 0.019 19% 88,678 $590,692 AVW Avira Resources Ltd 0.0035 17% 296,263 $6,401,370 MRQ Mrg Metals Limited 0.0035 17% 571,406 $5,957,756 PIL Peppermint Inv Ltd 0.007 17% 3,052,925 $12,227,141 B4P Beforepay Group 0.495 15% 20,098 $14,984,132 PWN Parkway Corp Ltd 0.0115 15% 15,268,940 $22,268,188 CZN Corazon Ltd 0.016 14% 1,100,000 $8,544,628 DOU Douugh Limited 0.008 14% 1,361,500 $6,887,289 TAS Tasman Resources Ltd 0.008 14% 900,100 $4,988,685 TYM Tymlez Group 0.008 14% 794,500 $7,645,367 3DP Pointerra Limited 0.12 14% 1,224,452 $71,169,651 FBM Future Battery 0.12 14% 5,239,671 $44,923,739
Larvotto Resources (ASX:LRV) announced some super high-grade clay rare earths up to 1.26% (12,611ppm) at the Merivale South prospect, part of the Eyre lithium-nickel-REE project in WA.
That 1m intercept was within a larger 12m at 2326ppm TREO.
LRV said the mineralisation may be hosted within ionic clays, making it suitable for simple, cost-effective extraction.
OD6 Metals (ASX:OD6), also announced positive second phase drilling results of 83 holes at its Splinter Rock project.
Assays included up to 6,605ppm TREO and clay thicknesses of up to 80m with 74 of the 83 holes returning significant grades and thickness. Results included 69m at 1,483 parts per million (ppm) total rare earth oxides (TREO) from 24m and 66m at 1,516ppm TREO
OD6 said a new 188-hole, 10,000m drill program focused on the Centre and Prop targets is scheduled to begin in the current quarter.
ASX SMALL CAP LOSERS
Here are the worst performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CLE | Cyclone Metals | 0.0015 | -25% | 22,100,680 | $13,483,474 |
| PRM | Prominence Energy | 0.0015 | -25% | 551,000 | $4,849,218 |
| AR3 | Austrare | 0.635 | -22% | 3,880,194 | $77,113,257 |
| KAL | Kalgoorlie Gold Mining | 0.04 | -20% | 274,431 | $3,876,051 |
| BEX | Bikeexchange Ltd | 0.008 | -20% | 900,000 | $9,318,432 |
| JTL | Jayex Technology Ltd | 0.008 | -20% | 593,469 | $2,812,785 |
| RDN | Raiden Resources Ltd | 0.004 | -20% | 2,756,082 | $9,272,912 |
| TZN | Terramin Australia | 0.018 | -18% | 1,395 | $46,564,380 |
| GBZ | GBM Rsources Ltd | 0.027 | -18% | 2,979,558 | $18,584,299 |
| EGY | Energy Tech Ltd | 0.05 | -18% | 75,000 | $20,597,250 |
| HHI | Health House Int Ltd | 0.005 | -17% | 965,006 | $847,978 |
| RBR | RBR Group Ltd | 0.0025 | -17% | 2,000,000 | $4,795,214 |
| WEL | Winchester Energy | 0.005 | -17% | 1,396,010 | $6,122,531 |
| CXU | Cauldron Energy Ltd | 0.006 | -14% | 1,266,625 | $6,520,981 |
| HLF | Halo Food Co. Ltd | 0.012 | -14% | 6,439,998 | $5,610,776 |
| RMX | Red Mount Min Ltd | 0.003 | -14% | 900,800 | $7,951,479 |
| SRR | Sarama Resources | 0.12 | -14% | 83,071 | $7,146,202 |
| MAU | Magnetic Resources | 0.585 | -14% | 150,170 | $156,068,419 |
| LDX | Lumos Diagnostics | 0.019 | -14% | 1,570,293 | $6,015,242 |
| FND | Findi Limited | 0.51 | -14% | 67,913 | $21,510,581 |
| BUR | Burleyminerals | 0.26 | -13% | 146,215 | $18,424,306 |
| EFE | Eastern Resources | 0.013 | -13% | 6,100,173 | $18,629,197 |
| BNO | Bionomics Limited | 0.02 | -13% | 1,079,094 | $33,780,915 |
| NNG | Nexion Group | 0.02 | -13% | 100,000 | $3,503,081 |
| EQN | Equinox Resources | 0.135 | -13% | 287,436 | $6,975,000 |