Today on Stockhead, Aussies to the rescue as the EU seeks critical minerals, the majors finally get cracking on nickel, and Bottom Picker’s loving the ex div fire sales.
But first the day ahead…
TRADING HALTS
These companies went into trading halts on Friday:
Australian Potash Limited (ASX:APC) – Halted ahead of an update to the market in relation to the Lake Wells sulphate of potash project.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$1,913.52 (-0.08%)
Silver: US$22.68 (+0.01%)
Nickel (3mth): US$20,400/t (-0.75%)
Copper (3mth): US$8348.50/t (-0.58%)
Oil (WTI): US$83.19 (+45%)
Oil (Brent): US$86.72 (+37%)
Iron 62pc Fe: US$103.50/t (-0.00%)
AUD/USD: 0.6494 (-0.29%)
Bitcoin: US$29,376 (-0.13%)
WHAT GOT YOU TALKING
Oh Canada. But not by Missy Higgins.
FRIDAY’S ASX SMALL CAP LEADERS
Here are the best performing ASX small cap stocks from Friday’s close:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.0015 | 50% | 1,272,000 | $15,642,574 |
| PIL | Peppermint Inv Ltd | 0.007 | 40% | 9,555,790 | $10,189,284 |
| AXP | AXP Energy Ltd | 0.002 | 33% | 50,002 | $8,737,021 |
| EDE | Eden Inv Ltd | 0.004 | 33% | 8,844,559 | $8,990,911 |
| NGS | NGS Ltd | 0.02 | 33% | 2,326,900 | $3,768,411 |
| VSR | Voltaic Strategic | 0.043 | 30% | 15,344,020 | $14,892,907 |
| ETR | Entyr Limited | 0.009 | 29% | 4,101,679 | $13,837,977 |
| RB6 | Rubixresources | 0.205 | 28% | 566,486 | $6,728,000 |
| GPR | Geopacific Resources | 0.019 | 27% | 2,522,341 | $12,317,867 |
| LDX | Lumos Diagnostics | 0.075 | 25% | 18,967,358 | $26,223,595 |
| BP8 | Bph Global Ltd | 0.0025 | 25% | 562,468 | $2,669,460 |
| MXC | Mgc Pharmaceuticals | 0.0025 | 25% | 368,890 | $7,784,719 |
| FGH | Foresta Group | 0.017 | 21% | 1,413,659 | $28,868,544 |
| CZR | CZR Resources Ltd | 0.18 | 20% | 30,282 | $35,360,197 |
| SFG | Seafarms Group Ltd | 0.006 | 20% | 34,791 | $24,182,996 |
| TRT | Todd River Res Ltd | 0.012 | 20% | 3,447,903 | $6,515,475 |
| TTT | Titomic Limited | 0.024 | 20% | 5,389,251 | $17,310,571 |
| STM | Sunstone Metals Ltd | 0.0275 | 20% | 11,691,175 | $70,885,652 |
| PEC | Perpetual Res Ltd | 0.031 | 19% | 4,961,657 | $14,182,583 |
| SGR | The Star Ent Grp | 1.155 | 18% | 39,076,064 | $1,578,213,855 |
| SVG | Savannah Goldfields | 0.084 | 18% | 21,079 | $14,231,256 |
| OAK | Oakridge | 0.13 | 18% | 131,040 | $1,891,525 |
| SKF | Skyfii Ltd | 0.046 | 18% | 502,083 | $16,367,838 |
| WA8 | Warriedarresourltd | 0.105 | 17% | 317,018 | $38,795,293 |
| ADY | Admiralty Resources. | 0.007 | 17% | 500,000 | $7,821,475 |
Rubix Resources (ASX:RB6), added more than 28% on Friday after their Canadian neighbours Allkem (ASX:AKE), hit lithium paydirt in James Bay.
Allkem struck a whopping 173% increase in its James Bay mineral resource, which now stands proud at 110.2Mt @ 1.30% Li2O, including 54.3Mt @ 1/30% Li2O in the indicated category and 55.9Mt @ 1.29% Li2O in the inferred category.
Lumos Diagnostics (ASX:LDX) rose 25% after an injection of $705,193 related to its Research and Development Tax Incentive for the FY2022 financial year.
It’s not a patch on the company’s mega-leap late last month that saw it move from $0.011 to $0.155 in a single session, but it’s a large enough bump to push the LDX trading price through a 47% increase for the week.
Sunstone Metals (ASX:STM) also gained 17%.
FRIDAY’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 | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ICG | Inca Minerals Ltd | 0.02 | -33% | 2,576,257 | $14,550,299 |
| GCM | Green Critical Min | 0.01 | -29% | 12,050,905 | $13,810,701 |
| FAU | First Au Ltd | 0.003 | -25% | 916,667 | $5,807,973 |
| GCR | Golden Cross | 0.003 | -25% | 1,404 | $4,389,024 |
| THR | Thor Energy PLC | 0.0035 | -22% | 4,257,519 | $6,566,812 |
| TEM | Tempest Minerals | 0.013 | -19% | 1,239,974 | $8,109,146 |
| ZGL | Zicom Group Limited | 0.049 | -17% | 91,584 | $12,659,040 |
| RSH | Respiri Limited | 0.035 | -17% | 3,599,873 | $39,236,560 |
| MRQ | Mrg Metals Limited | 0.0025 | -17% | 50,000 | $6,557,756 |
| PNX | PNX Metals Limited | 0.0025 | -17% | 1,587,665 | $16,141,874 |
| BEX | Bikeexchange Ltd | 0.006 | -14% | 4,170 | $8,324,051 |
| NIS | Nickelsearch | 0.063 | -14% | 76,770 | $6,981,018 |
| MPR | Mpower Group Limited | 0.019 | -14% | 1,414,970 | $7,561,472 |
| 1TT | Thrive Tribe Tech | 0.026 | -13% | 9,386 | $8,898,646 |
| CZN | Corazon Ltd | 0.014 | -13% | 2 | $9,765,289 |
| SBR | Sabre Resources | 0.036 | -12% | 50,001 | $11,950,934 |
| WYX | Western Yilgarn NL | 0.15 | -12% | 120,367 | $8,441,776 |
| 14D | 1414 Degrees Limited | 0.046 | -12% | 147,100 | $10,685,244 |
| IMI | Infinitymining | 0.115 | -12% | 39,156 | $10,036,180 |
| CI1 | Credit Intelligence | 0.16 | -11% | 48,502 | $15,029,849 |
| ESR | Estrella Res Ltd | 0.008 | -11% | 3,432,432 | $13,352,147 |
| ODE | Odessa Minerals Ltd | 0.008 | -11% | 933,296 | $8,524,006 |
| ROG | Red Sky Energy. | 0.004 | -11% | 346,102 | $23,860,022 |
| LLI | Loyal Lithium Ltd | 0.485 | -11% | 3,072,597 | $37,327,051 |
| DEL | Delorean Corporation | 0.033 | -11% | 71,610 | $7,981,674 |