Rise and Shine: Everything you need to know before the ASX opens
News
On Stockhead today, we’re in Canada. Where there’s a conga line of canny ASX players, playing out the best bits of Canada’s incredible lithium boom.
But first, the day ahead.
The following stocks went into trading halts Friday and are expected out in the coming days:
Invictus Energy (ASX:IVZ) – Capital raise
Bowen Coking Coal (ASX:BCB) – Capital raise
Manhattan Corp (ASX:MHC) – Field exploration result at the Chebogue lithium project
Kalium Lakes (ASX:KLL) – Update on the company’s operations
Gold: $US1972.23 (-0.19%)
Silver: $US23.650 (-0.72%)
Nickel (3mth): $US24,025/t (+2.02%)
Copper (3mth): $US9002.50/t (+0.27%)
Oil (WTI): $US72.01(-0.41%)
Oil (Brent): $US79.81 (+0.49%)
Iron 62pc Fe: $US106.50/t (+3.9%)
AUD/USD: 0.6650 (-0.0%)
Bitcoin: $US26,854 (+0.01%)
May lived up to its reputation…
•After a mini rally in April, markets fell in May with the S&P ASX 200 down 2.5%, erasing gains for the quarter and YTD.
• Mid caps performed best, while small caps lagged their blue chip peers but the tech sector rallied on the back of AI frenzy https://t.co/UD60GFFbpR pic.twitter.com/xC0W2tiVmY— Stockhead (@StockheadAU) June 2, 2023
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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.
Here are the best performing ASX small cap stocks on Friday:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
CLE | Cyclone Metals | 0.0015 | 50% | 40,100,500 | $9,089,248 |
GMN | Gold Mountain Ltd | 0.004 | 33% | 1,325,808 | $5,909,798 |
GGE | Grand Gulf Energy | 0.012 | 33% | 13,298,001 | $14,942,223 |
BET | Betmakers Tech Group | 0.1875 | 29% | 7,800,262 | $136,813,532 |
DOU | Douugh Limited | 0.009 | 29% | 6,384,452 | $6,887,289 |
A3D | Aurora Labs Limited | 0.027 | 29% | 20,014,947 | $5,161,969 |
GCM | Green Critical Min | 0.019 | 27% | 687,187 | $14,797,179 |
WCG | Webcentral Ltd | 0.125 | 25% | 1,859,027 | $32,912,623 |
EMU | EMU NL | 0.0025 | 25% | 450,523 | $2,900,043 |
MNB | Minbos Resources Ltd | 0.1225 | 24% | 3,790,913 | $78,332,439 |
INP | Incentiapay Ltd | 0.016 | 23% | 1,690,819 | $16,445,827 |
TRP | Tissue Repair | 0.35 | 23% | 150,183 | $13,332,401 |
TNY | Tinybeans Group Ltd | 0.28 | 22% | 197,896 | $14,118,655 |
ZEU | Zeus Resources Ltd | 0.04 | 21% | 6,507,180 | $14,465,385 |
OCT | Octava Minerals | 0.145 | 21% | 126,239 | $4,459,501 |
DCX | Discovex Res Ltd | 0.003 | 20% | 1,795,363 | $8,256,420 |
ODE | Odessa Minerals Ltd | 0.012 | 20% | 13,043,888 | $7,514,597 |
THR | Thor Energy PLC | 0.006 | 20% | 2,097,222 | $7,368,064 |
ZMI | Zinc of Ireland NL | 0.024 | 20% | 54,924 | $4,262,886 |
PIL | Peppermint Inv Ltd | 0.01 | 18% | 652,011 | $17,321,783 |
CTN | Catalina Resources | 0.0035 | 17% | 886,658 | $3,715,461 |
DLT | Delta Drone Intl Ltd | 0.014 | 17% | 5,930,506 | $6,206,445 |
HXL | Hexima | 0.014 | 17% | 4,473,982 | $2,004,476 |
TKL | Traka Resources | 0.007 | 17% | 3,049,926 | $5,227,976 |
ASO | Aston Minerals Ltd | 0.093 | 16% | 1,117,904 | $89,178,475 |
Topping the winners list on Friday was Cyclone Metals (ASX:CLE) after announcing a soil sampling program at its Macraes South project in New Zealand’s Otago province has generated highly prospective drill targets over multiple lodes.
The program has returned strong coherent and continuous geochemical responses over gold lode zones at Macraes South, with anomalous responses up to 350m wide.
CLE said potentially around five mineralised lodes have been identified for testing at the Swamy Hill prospect and an application for an extension of term has been lodged for another drilling program to test the defined anomalies if an access agreement is signed with the landowners.
Also on the winners list – Grand Gulf Energy (ASX:GGE) – after an independent review confirmed significant helium flow potential at Jesse-1A well, part of the 10.6bcf Red Helium project in Utah.
“The Company is highly encouraged by the modelling results indicating reservoir with the potential for significant helium flow in the Jesse-1A well and surrounding area,” MD Dane Lance said.
“The Company now has a range of opportunities across the Red Helium project, and we look forward to being back in the field to confirm the modelling results with a successful flow test.”
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 |
---|---|---|---|---|---|
MDX | Mindax Limited | 0.069 | -27% | 832,964 | $194,328,084 |
MCT | Metalicity Limited | 0.0015 | -25% | 6,403,859 | $7,472,172 |
MOB | Mobilicom Ltd | 0.007 | -22% | 300,279 | $11,940,090 |
H2G | Greenhy2 Limited | 0.019 | -21% | 1,314,282 | $10,050,140 |
AYT | Austin Metals Ltd | 0.004 | -20% | 67,881 | $5,079,373 |
CTO | Citigold Corp Ltd | 0.004 | -20% | 398,333 | $14,368,295 |
MTB | Mount Burgess Mining | 0.002 | -20% | 20,771,784 | $2,207,928 |
TSL | Titanium Sands Ltd | 0.008 | -20% | 100,000 | $14,063,978 |
SRJ | SRJ Technologies | 0.089 | -19% | 315,251 | $10,429,766 |
NZS | New Zealand Coastal | 0.0025 | -17% | 7,930,000 | $4,962,030 |
RBR | RBR Group Ltd | 0.0025 | -17% | 1,013 | $4,855,214 |
CLU | Cluey Ltd | 0.081 | -16% | 50,000 | $19,556,516 |
ZLD | Zelira Therapeutics | 1.94 | -16% | 114,464 | $26,098,457 |
ADH | Adairs Limited | 1.59 | -16% | 5,210,780 | $326,201,101 |
HMI | Hiremii | 0.05 | -15% | 100,000 | $6,888,584 |
VEN | Vintage Energy | 0.053 | -14% | 3,039,619 | $46,191,715 |
CPT | Cipherpoint Limited | 0.006 | -14% | 928 | $8,114,692 |
ELE | Elmore Ltd | 0.012 | -14% | 4,786,350 | $19,591,374 |
OLL | Openlearning | 0.026 | -13% | 383,239 | $8,036,072 |
AOA | Ausmon Resorces | 0.0035 | -13% | 5,129,164 | $3,877,157 |
AVM | Advance Metals Ltd | 0.007 | -13% | 21,428 | $4,708,470 |
CHK | Cohiba Min Ltd | 0.0035 | -13% | 341,200 | $8,452,977 |
OAR | OAR Resources Ltd | 0.0035 | -13% | 378,000 | $9,644,152 |
XTC | Xantippe Res Ltd | 0.0035 | -13% | 115,350,365 | $45,920,399 |
YOJ | Yojee Limited | 0.014 | -13% | 3,477,047 | $18,135,399 |