On Stockhead today, a commodity masterclass with Far East Capital’s Warwick Grigor, why coal’s a payer and where are all the female small cap CEOs?
But first, the day ahead.
TRADING HALTS
The following stocks went into trading halts yesterday and are expected out in the coming days.
Bluechiip (ASX:BCT) – Capital raising.
Critical Resources (ASX:CRR) – JORC-compliant Mineral Resource Estimate from Mavis Lake lithium project due shortly.
RareX (ASX:REE) – Capital raising.
Santana Minerals (ASX:SMI) – Capital raising.
Sunshine Gold (ASX:SHN) – Material acquisition and capital raising.
Impact Minerals (ASX:IPT) – Securities issue pursuant to the Lake Hope transaction.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US2015.05 (-0.02%)
Silver: $US25.326(-0.49%)
Nickel (3mth): $US24,219/t (+0.50%)
Copper (3mth): $US8514/t (-0.95%)
Oil (WTI): $US69.54 (-2.97%)
Oil (Brent): $US73.007 (-3.06%)
Iron 62pc Fe: $US105/t (0.00%)
AUD/USD: 0.666 (+0.06%)
Bitcoin: $US28,610 (-0.29%)
WHAT GOT YOU TALKING YESTERDAY?
Alicanto is one of 16 small cap ASX stocks exposed to the red metal’s expected doubling of demand from 25Mt to 50Mt by 2035,
Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.
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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.
YESTERDAY’S 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 |
---|---|---|---|---|---|
GRE | Greentechmetals | 0.2 | 186% | 19,950,205 | $2,260,300 |
GGX | Gas2Grid Limited | 0.002 | 100% | 73,016 | $4,077,102 |
FGL | Frugl Group Limited | 0.01 | 43% | 1,974,203 | $5,353,947 |
SIO | Simonds Grp Ltd | 0.14 | 33% | 35,000 | $37,790,177 |
1CG | One Click Group Ltd | 0.009 | 29% | 581,739 | $4,298,496 |
EEG | Empire Energy Ltd | 0.18 | 29% | 2,553,751 | $108,236,961 |
LDX | Lumos Diagnostics | 0.029 | 26% | 1,553,296 | $6,288,662 |
LRL | Labyrinth Resources | 0.015 | 25% | 688,109 | $11,513,848 |
EMS | Eastern Metals | 0.075 | 25% | 193,353 | $2,343,865 |
S66 | Star Combo | 0.125 | 25% | 8,690 | $13,508,298 |
HHI | Health House Int Ltd | 0.005 | 25% | 306,914 | $712,898 |
MTH | Mithril Resources | 0.0025 | 25% | 10,689,630 | $6,526,180 |
JPR | Jupiter Energy | 0.026 | 24% | 34,001 | $25,826,853 |
RGL | Riversgold | 0.022 | 22% | 16,595,462 | $17,018,419 |
CNQ | Clean Teq Water | 0.315 | 21% | 102,642 | $15,004,677 |
ROO | Roots Sustainable | 0.006 | 20% | 689,169 | $644,617 |
BGT | Bio-Gene Technology | 0.125 | 19% | 215,000 | $18,588,498 |
S3N | Sensore Ltd | 0.32 | 19% | 8,000 | $7,048,008 |
PGY | Pilot Energy Ltd | 0.013 | 18% | 13,917,446 | $10,696,704 |
BAT | Battery Minerals Ltd | 0.0035 | 17% | 1,411,812 | $10,070,827 |
MRD | Mount Ridley Mines | 0.0035 | 17% | 3,619,154 | $23,354,649 |
TIG | Tigers Realm Coal | 0.007 | 17% | 7,221,329 | $78,400,214 |
XTC | Xantippe Res Ltd | 0.0035 | 17% | 664,891 | $31,740,299 |
MME | Moneyme Limited | 0.145 | 16% | 1,361,675 | $35,405,903 |
VR8 | Vanadium Resources | 0.0865 | 15% | 7,867,361 | $36,330,928 |
In a market swamped with investors looking for somewhere positive to empty their pockets, GreenTech Metals (ASX:GRE) was in the right place at the right time with some very positive news and ended the day up by around 200%.
The jump was due to assay results from its Austin prospect, part of the greater Whundo Cu-Zn project in WA, where the company has bored into a copper dominant mineralised horizon with significantly increased thickness and grades up to 5.4% Cu.
The assay results have also returned elevated gold and cobalt intercepts.
GreenTech says the new assays “indicate a threefold thickening of the Austin mineralised zone which is consistent with Austin being a separate mineralising event to the overlying Whundo (East) resource”.
Vanadium Resources (ASX:VR8) enjoyed a pump after a double-barrel set of announcements, including news of a strategic placement and offtake MOU.
VR8 says it’s entered into an agreement with a wholly owned subsidiary of Zhejiang Lygend Investment in relation to a strategic investment by Matrix of $5.91 million.
Vanadium Resources has also granted Matrix exclusivity for a period of four months to negotiate and enter into an offtake for vanadium products arising from the Steelpoortdrift Vanadium Mine and Concentrator and the Tweefontein Vanadium Salt Roast Leach Plant.
VR8 was up 17.3% in very testing market conditions.
YESTERDAY’S ASX SMALL CAP LAGGARDS
Here are the worst performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % Today | Volume | Market Cap |
---|---|---|---|---|---|
CCE | Carnegie Cln Energy | 0.001 | -50% | 35,000 | $31,285,147 |
AQX | Alice Queen Ltd | 0.001 | -33% | 95,102,854 | $3,795,431 |
VPR | Volt Power Group | 0.001 | -33% | 6,716 | $16,074,312 |
OPN | Oppenneg | 0.041 | -29% | 557,945 | $11,653,046 |
LMLND | Lincoln Minerals | 0.008 | -27% | 2,633,694 | $9,157,259 |
ADR | Adherium Ltd | 0.003 | -25% | 5,541,478 | $19,985,753 |
ARE | Argonaut Resources | 0.0015 | -25% | 552,500 | $12,723,743 |
LNU | Linius Tech Limited | 0.003 | -25% | 46,896 | $14,356,099 |
MRQ | Mrg Metals Limited | 0.003 | -25% | 107,732 | $7,943,675 |
OML | Ooh!Media Limited | 1.23 | -25% | 31,187,013 | $926,796,372 |
AHK | Ark Mines Limited | 0.23 | -23% | 140,106 | $10,383,031 |
LVT | Livetiles Limited | 0.014 | -22% | 22,803,990 | $18,848,983 |
GLV | Global Oil & Gas | 0.011 | -21% | 128,964 | $4,800,315 |
AMM | Armada Metals | 0.035 | -20% | 200,000 | $3,016,995 |
MCT | Metalicity Limited | 0.002 | -20% | 2,820,382 | $8,761,348 |
ROG | Red Sky Energy. | 0.004 | -20% | 7,476,946 | $26,511,136 |
VAL | Valor Resources Ltd | 0.004 | -20% | 1,000,000 | $19,015,174 |
TSN | The Sust Nutri Grp | 0.013 | -19% | 416,054 | $2,252,206 |
BYH | Bryah Resources Ltd | 0.019 | -17% | 576,337 | $6,468,830 |
ADS | Adslot Ltd. | 0.005 | -17% | 500,069 | $13,226,090 |
SRI | Sipa Resources Ltd | 0.02 | -17% | 378,492 | $5,475,795 |
TMX | Terrain Minerals | 0.005 | -17% | 100,000 | $6,499,196 |
OXT | Orexploretechnologie | 0.056 | -16% | 243,467 | $6,945,501 |
AEE | Aura Energy | 0.1925 | -16% | 814,823 | $118,863,432 |
CBH | Coolabah Metals Limi | 0.105 | -16% | 350,004 | $4,725,000 |