On Stockhead today, Boss boss calls imminent uranium bull market, battery metals action from Diggers and Dealers, and are you a bonds person, a stocks person, or both?

But first, to the day ahead.

TRADING HALTS

EQ Resources (ASX:EQR) – Material acquisition and capital raising.

IRIS Metals (ASX:IR1) – Update on exploration results.

European Lithium (ASX:EUR) – NASDAQ merger transaction.

Forbidden Foods (ASX:FFF) – Capital raising.

Peak Rare Earths (ASX:PEK) – Material commercial agreement announcement.

Pantoro (ASX:PNR) – Capital raising.

InvoCare (ASX:IVC) – Material announcement in relation to TPG Capital Global’s revised non-binding indicative proposal of 15 May 2023.

Perpetual Resources (ASX:PEC) – Potential acquisition and capital raise.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,936.90 (-0.25%)

Silver: US$23.10 (-2.09%)

Nickel (3mth): US$21,125/t (-0.87%)

Copper (3mth): US$8,496/t (-0.90%)

Oil (WTI): US$82.42 (-0.50%)

Oil (Brent): US$85.76 (-0.55%)

Iron 62pc Fe: US$104.73/t (-0.43%)

AUD/USD: 0.6573  (flat)

Bitcoin: US$29,149 (+0.2%)

 

WHAT GOT YOU TALKING?

Badman is back.

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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.

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
LIT Lithium Australia 0.061 85% 100,658,620 $40,299,325
EDE Eden Inv Ltd 0.004 33% 349,989 $8,990,833
BDX Bcaldiagnostics 0.14 33% 1,440,904 $22,201,597
SCT Scout Security Ltd 0.02 33% 100,491 $3,460,020
G1A Galena Mining 0.12 32% 7,544,743 $68,483,751
ARV Artemis Resources 0.022 29% 8,442,643 $26,688,612
14D 1414 Degrees Limited 0.055 28% 92,096 $8,835,875
GES Genesis Resources 0.005 25% 7,500 $3,131,365
TSL Titanium Sands Ltd 0.005 25% 4,741,265 $6,469,430
TSN The Sust Nutri Grp 0.01 25% 18,087 $1,126,103
CAV Carnavale Resources 0.008 23% 54,106,458 $21,668,086
GMN Gold Mountain Ltd 0.011 22% 60,500,557 $20,421,707
CRS Caprice Resources 0.05 22% 115,996 $4,787,034
KNB Koonenberrygold 0.053 20% 100,000 $3,333,284
LML Lincoln Minerals 0.006 20% 102,915 $7,103,559
RML Resolution Minerals 0.006 20% 1,012,451 $6,286,459
SGC Sacgasco Ltd 0.006 20% 376,400 $3,867,914
MQR Marquee Resource Ltd 0.043 19% 2,439,041 $11,905,470
FGL Frugl Group Limited 0.019 19% 4,335,215 $15,296,992
NNG Nexion Group 0.013 18% 16,847 $2,225,386
RR1 Reach Resources Ltd 0.013 18% 30,878,184 $34,705,557
GRE Greentechmetals 0.515 17% 2,120,564 $24,902,044
TIG Tigers Realm Coal 0.007 17% 270,801 $78,400,214
HXL Hexima 0.022 16% 224,883 $3,173,753
VAR Variscan Mines Ltd 0.015 15% 817,000 $4,394,047
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Lithium Australia (ASX:LIT) led from start to finish with a better-than 75% jump on news that the company has signed a landmark agreement with industry giant Mineral Resources (ASX:MIN), related to LIT’s “disruptive lithium extraction technology” called LieNA.

The agreement is simple enough: Lithium Australia is bringing its LieNA technology to the table, which is shaping up as a game-changer for lithium production offering up to 50% improvements to extraction yields over existing tech.

In return, MinRes is opening its hefty-sized chequebook to solely fund the development and operation of a pilot plant up to the total budgeted cost of $4.5 million and provide raw materials for the pilot plant at no cost.

Bcal Diagnostics (ASX:BDX), continued its run of gains in the wake of last week’s news of breakthrough results from a clinical study, giving the company a solid footing towards commercialisation of its much-needed breast cancer screening tech.

At the end of today’s session, Bcal had put on another 33% or so.

And in third place, Galena Mining (ASX:G1A) jumped on news of a JORC-compliant Mineral Resource Estimate update from the company’s Abra Base Metals Mine, which has pushed G1A’s trading price close to 32% higher for the day.

It’s the first MRE annual update including all underground diamond drilling up to 5 May 2023, and all underground geological mapping, and mining and processing up to 30 June 2023.

 

TODAY’S ASX SMALL CAP LAGGARDS

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
AXP AXP Energy Ltd 0.001 -50% 313,016 $11,649,361
CLE Cyclone Metals 0.001 -50% 2,161,227 $20,529,010
DXN DXN Limited 0.001 -50% 204,082 $3,442,630
MEB Medibio Limited 0.001 -33% 11,449,310 $7,725,891
MTH Mithril Resources 0.001 -33% 934,832 $5,053,207
TD1 Tali Digital Limited 0.001 -33% 4,581 $4,942,733
IVX Invion Ltd 0.005 -29% 1,521,242 $44,951,425
CLA Celsius Resource Ltd 0.016 -27% 49,440,635 $49,293,637
NSM Northstaw 0.066 -26% 33,527 $10,691,303
MCT Metalicity Limited 0.0015 -25% 50 $7,472,172
NYR Nyrada Inc. 0.032 -22% 169,801 $6,396,357
NUC Nuchev Limited 0.18 -22% 38,350 $19,413,674
MXO Motio Ltd 0.037 -21% 98,543 $12,287,429
KFM Kingfisher Mining 0.24 -20% 1,061,906 $16,114,500
BPP Babylon Pump & Power 0.004 -20% 216,666 $12,288,857
LSR Lodestar Minerals 0.008 -20% 17,448,527 $18,433,973
ROO Roots Sustainable 0.004 -20% 3,333 $693,611
LKE Lake Resources 0.175 -19% 23,769,400 $305,825,612
SHO Sportshero Ltd 0.023 -18% 1,962,891 $16,100,030
CMX Chemxmaterials 0.095 -17% 153,169 $5,826,029
DMM Dmcmininglimited 0.07 -17% 100,000 $2,515,800
AJX Alexium Int Group 0.015 -17% 6,511 $11,725,016
BNO Bionomics Limited 0.01 -17% 3,155,907 $17,624,825
CT1 Constellation Tech 0.0025 -17% 600,994 $4,413,601
EMU EMU NL 0.0025 -17% 4,812,259 $4,350,064
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