Rise and Shine: Everything you need to know before the ASX opens

Good morning everyone, and welcome to September 6, 2024 – an important date in the history of people doing terrible things to each other.

That’s because it was on this day in 1628, that a bunch of Puritans from the colony in Masschusetts Bay sailed around for a while before ‘discovering’ Salem – a picturesque little spot that the religious folk deemed most excellent for setting fire to women they didn’t like, because they were witches. Allegedly.

And on this day in 1791, Wolfgang Mozart’s dramatic opera La Clemenza di Tito premiered at Estates Theatre, Prague – and anyone who’s ever sat through the entire thing will tell you that it is arguably one of the most musical crimes against humanity ever composed.

I remember sitting through it once when I was a small child, growing so bored that I briefly considered eating my own head, just to make the music stop.

Luckily for you, you won’t have to set fire to a virgin or consume part of your own body in order to get your hands on good pre-market info today.

That’s because – as always – we’ve worked super-hard to gather together lots of fiddly little things below, so you don’t need to go ferreting all over the internet for your ASX info this morning.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,494.12 (-0.06%)

Silver: US$28.24 (-0.25%)

Nickel (3mth): US$16,029/t (-1.55%)

Copper (3mth): US$8,830/t (-0.29%)

Zinc: US$2,732/t (-0.61%)

Oil (WTI): US$69.45 (+0.27%)

Oil (Brent): US$72.96 (+0.25%)

Iron 62pc Fe: US$90.80/t (-1.87%)

AUD/USD: 0.621 (+0.01%)

Bitcoin: US$57,194.39 (-1.36%)

WHAT GOT YOU TALKING

It’s been a bumper year for ETFs so far – and here’s what GlobalX reckons is waiting for the sector over the many months to come.

Australia’s ETF sector is on track to surpass the calendar year record of $23.6bn net flows set in 2021 this year with @GlobalXETFs forecasting the sector could hit $1 trillion in AUM by 2030 – Stockhead https://t.co/5VnoqkTcUV pic.twitter.com/fq7qb7fYgs

— Stockhead (@StockheadAU) September 5, 2024

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	Name	Price	% Change	Volume	Market Cap
LPD	Lepidico Ltd	0.002	100%	8,706,381	$8,589,125
CRB	Carbine Resources	0.004	33%	277,292	$1,655,213
EDE	Eden Inv Ltd	0.002	33%	500,373	$6,162,314
SMM	Somerset Minerals	0.004	33%	250,075	$3,092,996
EMD	Emyria Limited	0.048	33%	2,205,615	$14,723,618
AIV	Activex Limited	0.009	29%	310,000	$1,508,518
EME	Energy Metals Ltd	0.088	26%	4,455,774	$14,677,832
1CG	One Click Group Ltd	0.010	25%	97,800	$5,625,431
ECT	Env Clean Tech Ltd.	0.003	25%	218,047	$6,343,621
FGH	Foresta Group	0.005	25%	617,225	$9,421,516
IVX	Invion Ltd	0.003	25%	231,500	$13,275,731
TSL	Titanium Sands Ltd	0.005	25%	134,481	$8,846,989
TYX	Tyranna Res Ltd	0.005	25%	200,000	$13,151,701
VRC	Volt Resources Ltd	0.005	25%	2,513,110	$16,634,713
H2G	Greenhy2 Limited	0.006	20%	1,000,226	$2,990,921
SVG	Savannah Goldfields	0.025	19%	115,589	$5,902,783
PBL	Parabellumresources	0.045	18%	62,940	$2,367,400
SES	Secos Group Ltd	0.021	17%	216,544	$10,738,980
TAT	Tartana Minerals Ltd	0.029	16%	71,595	$4,566,147
M2R	Miramar	0.015	15%	8,547,843	$5,132,134
RSH	Respiri Limited	0.030	15%	1,446,797	$33,403,992
EVS	Envirosuite Ltd	0.062	15%	6,263,130	$68,486,699
MME	Moneyme Limited	0.120	14%	473,673	$84,008,240
SGI	Stealth Grp Holding	0.340	13%	1,898,698	$34,618,663
NOX	Noxopharm Limited	0.130	13%	776,198	$33,607,364

Yesterday’s Small Cap Winners included:

Surefire Resources (ASX:SRN) was up on Thursday morning on news that a detailed soil sampling programme has turned up highly anomalous copper and zinc assays, with values up to 1000ppm Nickel, 310ppm Copper; 100ppm Zinc, 100ppm Cobalt and 452ppm Sulphur at the company’s Yidby gold project in the mid-west of Western Australia.

Earlier, Matsa Resources (ASX:MAT) was up slightly this morning on news that it has executed an extension to the Confidentiality Agreement it had previously executed on 31 July 2023 with AngloGold Ashanti Australia, granting it a 45-day extension as talks continue about the future of of the Lake Carey gold project.

Nova Minerals (ASX:NVA) was up on news that the company has sent off two bulk samples for testing for antimony content. Nova has sent 2,500kg from its Stibium prospect and another 500kg from its Styx prospect off to the lab, along with other samples sent to ALS Laboratories, with results expected in the coming weeks.

On the downside, Falcon Metals (ASX:FAL) has seen a setback to the expected date of re-commencing drilling to test the extent of the high-grade Farrelly Mineral Sands Deposit, initially targeted for Q4 2024. Landowners at the site have reportedly decided not to allow access to the site, and Falcon says negotiations are continuing with the hope of finding a resolution soon.

And big gun Coronado Global Resources (ASX:CRN) has blamed the weather for a revised guidance issued this morning, in which the company has said that Saleable Production will decrease from 16.4 – 17.2MMt to 15.4 – 16.0MMt, while the Average Mining Cost per Tonne Sold will increase from $95 – $99 to $105 – $110.

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	Name	Price	% Change	Volume	Market Cap
LSR	Lodestar Minerals	0.001	-50%	6,704,316	$5,301,560
BNL	Blue Star Helium Ltd	0.004	-33%	7,937,638	$11,669,312
BP8	Bph Global Ltd	0.002	-33%	483	$1,189,924
GCM	Green Critical Min	0.002	-33%	4,850,000	$4,405,628
FAL	Falconmetalsltd	0.220	-27%	2,540,090	$53,100,000
BCT	Bluechiip Limited	0.003	-25%	5,314,298	$4,728,158
MTL	Mantle Minerals Ltd	0.002	-25%	2,022,225	$12,394,892
WBE	Whitebark Energy	0.007	-22%	960	$2,271,001
ADG	Adelong Gold Limited	0.004	-20%	1,022,000	$5,589,945
AHN	Athena Resources	0.004	-20%	16,529	$5,352,338
EOF	Ecofibre Limited	0.025	-19%	11,985	$11,745,091
EMS	Eastern Metals	0.026	-19%	1,170,717	$3,637,640
SPQ	Superior Resources	0.009	-18%	2,055,334	$22,013,425
ICI	Icandy Interactive	0.023	-18%	1,410,341	$37,655,547
OPL	Opyl Limited	0.015	-17%	102,180	$3,072,863
HOR	Horseshoe Metals Ltd	0.005	-17%	3,747,290	$3,979,690
PUR	Pursuit Minerals	0.003	-17%	750,000	$10,906,200
ROG	Red Sky Energy.	0.005	-17%	15,889,954	$32,533,363
TX3	Trinex Minerals Ltd	0.003	-17%	410,000	$5,485,957
CRN	Coronado Global Res	0.915	-16%	11,946,573	$1,835,716,834
8VI	8Vi Holdings Limited	0.057	-16%	30	$2,849,977
LLI	Loyal Lithium Ltd	0.105	-16%	322,827	$11,591,633
HMD	Heramed Limited	0.022	-15%	65,000	$16,464,495
TSI	Top Shelf	0.050	-15%	270,924	$19,181,334
KPO	Kalina Power Limited	0.009	-15%	2,228,913	$24,863,940

TRADING HALTS

Elevate Uranium (ASX:EL8) – to enable the release by the Company of significant drilling results reported by a joint venture partner.

Global Data Centre (ASX:GDC) – pending an announcement concerning its indirect interest in AirTrunk.

Echo IQ (ASX:EIQ) – pending an announcement with regards to a proposed capital raising.

WIN Metals (ASX:WIN) – pending the release of an announcement regarding a capital raising.

Sunstone Metals (ASX:STM) – pending the release of an announcement regarding a proposed capital raising.

Keypath Education (ASX:KED) – pending the outcome of the special meeting of Keypath stockholders to approve to the merger between Keypath and Karpos Merger Sub.

At Stockhead, we tell it like it is. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.