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Rise and Shine: Everything you need to know before the ASX opens
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On Stockhead today, There’s a shiny new Critical Minerals Strategy.
It doesn’t scream of urgency and we’ve already started pulling it apart.
You can expect more of that in a moment from our hotbed of experts and seething nest of Bolsheviks.
Meantime, meet the company offering needle free vaccines.
And, why Vietnam is setting these ASX stocks on fire.
But first, the day ahead.
TRADING HALTS
The following stocks went into trading halts Tuesday and are expected out in the coming days:
Intelligent Monitoring Group (ASX:IMB) – Underwritten non-renounceable accelerated entitlement offer.
Battery Age Minerals (ASX:BM8) – Early exploration agreement related to the Falcon Lake project.
European Lithium (ASX:EUR) – Acquisition of Austrian lithium prospective tenements and assay results in respect to the tenements being acquired.
Olympio Metals (ASX:OLY) – Speeding ticket, with an explanation still to come.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1957.15 (+0.75%)
Silver: $US23.87 (-0.2%)
Nickel (3mth): $US24,025/t (+2.02%)
Copper (3mth): $US9002.50/t (+0.27%)
Oil (WTI): $US70.66 (+3.5%)
Oil (Brent): $US75.53 (+3.2%)
Iron 62pc Fe: $US114.50/t (+0.44%)
AUD/USD: 0.6887 (+1.36%)
Bitcoin: $US25,380 (-1.53%)
WHAT GOT YOU TALKING?
The Golden Mile is good for Quicksilver, Yuinmery…
Shareholders and investors have provided strong support for Golden Mile’s $1.89m capital raising to fund accelerated drilling at its Quicksilver and Yuinmery projects. https://t.co/0NTqWvyCzA #ad #ASX $G88 @GoldenMileRes
— Stockhead (@StockheadAU) June 20, 2023
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 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.
TUESDAY’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 |
|---|---|---|---|---|---|
| GMN | Gold Mountain Ltd | 0.006 | 50% | 42,601,725 | $7,879,730 |
| KEY | KEY Petroleum | 0.0015 | 50% | 2,000,000 | $1,967,928 |
| MCT | Metalicity Limited | 0.002 | 33% | 2,074,800 | $5,604,129 |
| BTR | Brightstar Resources | 0.013 | 30% | 10,591,773 | $15,740,152 |
| XAM | Xanadu Mines Ltd | 0.115 | 28% | 33,165,156 | $147,404,177 |
| OLY | Olympio Metals Ltd | 0.21 | 27% | 574,419 | $6,469,751 |
| KNM | Kneomedia Limited | 0.005 | 25% | 1,806,000 | $6,019,141 |
| VR1 | Vection Technologies | 0.049 | 23% | 5,008,323 | $45,063,559 |
| TMS | Tennant Minerals Ltd | 0.033 | 22% | 2,447,296 | $20,504,702 |
| OEQ | Orion Equities | 0.085 | 21% | 6,000 | $1,095,446 |
| SXL | Sthn Cross Media | 0.92 | 21% | 6,067,743 | $182,323,353 |
| PKD | Parkd Ltd | 0.023 | 21% | 469,737 | $1,934,548 |
| WEC | White Energy Company | 0.12 | 20% | 30,010 | $4,456,929 |
| TIG | Tigers Realm Coal | 0.006 | 20% | 437,991 | $65,333,512 |
| ID8 | Identitii Limited | 0.031 | 19% | 465,951 | $5,532,760 |
| AUA | Audeara | 0.05 | 19% | 275,000 | $6,018,600 |
| SCN | Scorpion Minerals | 0.09 | 18% | 611,188 | $26,273,671 |
| HAR | Harangaresources | 0.13 | 18% | 200,112 | $5,589,542 |
| ALM | Alma Metals Ltd | 0.013 | 18% | 758,246 | $12,144,009 |
| VIT | Vitura Health Ltd | 0.46 | 18% | 1,195,236 | $217,047,508 |
| BFC | Beston Global Ltd | 0.0105 | 17% | 5,757,800 | $17,973,422 |
| AJL | AJ Lucas Group | 0.014 | 17% | 1,089,287 | $16,508,756 |
| AJQ | Armour Energy Ltd | 0.0035 | 17% | 125,000 | $14,764,026 |
| CHK | Cohiba Min Ltd | 0.0035 | 17% | 21,448,207 | $6,339,733 |
| LNU | Linius Tech Limited | 0.0035 | 17% | 1,000,000 | $11,296,372 |
Brightstar Resources (ASX:BTR) emerged as the Small Caps winner for Tuesday, up 30% after announcing that its journey to becoming the nation’s newest gold producer is one large step closer to completion.
BTR says that mining personnel and equipment supplied by its partner BML Ventures will be mobilising in late July to its Menzies project in WA, marking the kick-off of production with an expected 30,000t of ore at a head grade of more than 6 grams per tonne (g/t) gold from within the Selkirk open pit mine in August.
Xanadu Mining (ASX:XAM) is continuing its mysterious climb, landing in second place after gaining up another 28% in spite of a Please Explain from the ASX.
The company’s issued no material news since 07 June, but has told the ASX that it is in continuous receipt of assay results from its Kharmagtai copper-gold project in Mongolia.
“We confirm there are no specific results requiring immediate release due to their material nature,” the company said. “Xanadu will continue to disclose assay results on a regular basis and in logical groupings to explain how its projects are evolving and improving. Our next such announcement is expected to take place within 1-2 weeks.”
And in third place, despite being screeching into a Trading Halt about 90 minutes before time, is Olympio Metals (ASX:OLY) up 27% for the day which had the ASX cops asking for another please explain.
TUESDAY’S 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 |
|---|---|---|---|---|---|
| IGN | Ignite Ltd | 0.042 | -42% | 1,600 | $6,539,499 |
| ZEU | Zeus Resources Ltd | 0.033 | -39% | 53,751,569 | $23,671,494 |
| CCE | Carnegie Cln Energy | 0.001 | -33% | 2,782,927 | $23,463,861 |
| MTH | Mithril Resources | 0.001 | -33% | 100,000 | $5,053,207 |
| PUA | Peak Minerals Ltd | 0.002 | -33% | 2,090,000 | $3,124,130 |
| WFL | Wellfully Limited | 0.004 | -33% | 17,030,234 | $2,957,665 |
| ELT | Elementos Limited | 0.12 | -29% | 1,498,796 | $33,105,814 |
| IS3 | I Synergy Group Ltd | 0.011 | -27% | 169,743 | $4,336,206 |
| ADS | Adslot Ltd. | 0.003 | -25% | 180,000 | $8,817,394 |
| SIH | Sihayo Gold Limited | 0.0015 | -25% | 1,340,000 | $12,204,256 |
| MFB | My Food Bag Grp Ltd | 0.15 | -23% | 10,514 | $47,275,317 |
| KRR | King River Resources | 0.007 | -22% | 5,384,514 | $13,981,725 |
| LKE | Lake Resources | 0.2975 | -22% | 71,898,396 | $540,528,989 |
| AIV | Activex Limited | 0.022 | -21% | 77,588 | $6,034,072 |
| 1CG | One Click Group Ltd | 0.008 | -20% | 5,376 | $6,140,709 |
| AYT | Austin Metals Ltd | 0.004 | -20% | 322,000 | $5,079,373 |
| MRD | Mount Ridley Mines | 0.002 | -20% | 2,862,712 | $19,462,207 |
| APS | Allup Silica Ltd | 0.05 | -19% | 745,499 | $2,385,580 |
| NOR | Norwood Systems Ltd. | 0.029 | -17% | 468,268 | $14,154,544 |
| FFF | Forbidden Foods | 0.015 | -17% | 1,605,797 | $2,641,150 |
| MDI | Middle Island Res | 0.025 | -17% | 1,039,788 | $3,672,547 |
| RCW | Rightcrowd | 0.015 | -17% | 1,726,297 | $4,737,453 |
| LVT | Livetiles Limited | 0.01 | -17% | 427,334 | $12,565,988 |
| NAE | New Age Exploration | 0.005 | -17% | 327,666 | $8,615,393 |
| RGS | Regeneus Ltd | 0.005 | -17% | 594,529 | $1,838,621 |
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