It’s Tuesday morning, the day after another slowdown for the ASX – but we’re one day closer to the weekend, so it’s time to get ready to face another session on the bourse.

For starters this morning, we’ve got Stockhead’s own resident expert on all things related to rocks, Guy le Page, with his latest news blast from the front lines of Australia’s mining industry.

Josh Chiat’s sniffed out even more lithium news from the best part of North America, plus Bevis Yeo’s been digging deep to see what’s on the cards for our goldies as well.

And, because too much data is never enough, here’s a recap of everything important from yesterday, to get you up to speed before the ASX doors fly open later today. Enjoy!

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,894.70 (+0.34%)

Silver: US$23.30 (+2.65%)

Nickel (3mth): US$20,140/t (+0.04%)

Copper (3mth): US$8,288/t (+0.58%)

Oil (WTI): US$80.69  (-0.69%)

Oil (Brent): US$83.00 (-2.12%)

Iron 62pc Fe: US$106.48/t (+0.36%)

AUD/USD: 0.6415  (+0.2%)

Bitcoin: US$26,194 (+0.10%)

 

WHAT GOT YOU TALKING

A solid day out among Health Care stocks was enough to get you all opening your mouths to say “Aaaaaaaah”…

 

 

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
NMR Native Mineral Res 0.04 60% 2,140,991 $3,674,122
CCE Carnegie Cln Energy 0.0015 50% 4,294,475 $15,642,574
CT1 Constellation Tech 0.003 50% 283,667 $2,942,401
CHK Cohiba Min Ltd 0.004 33% 574,997 $6,639,733
MTH Mithril Resources 0.002 33% 51,962 $5,053,207
PIL Peppermint Inv Ltd 0.012 33% 8,473,205 $18,340,712
WYX Western Yilgarn NL 0.185 32% 436,977 $6,952,051
MYE Metarock Group Ltd 0.14 27% 65,842 $33,109,034
SCL Schrole Group Ltd 0.25 25% 200 $7,133,517
ROO Roots Sustainable 0.005 25% 162,062 $554,889
1ST 1St Group Ltd 0.011 22% 19,216,277 $12,752,921
LDX Lumos Diagnostics 0.1 20% 44,940,154 $36,805,761
PTX Prescient Ltd 0.071 18% 1,366,146 $48,316,188
MBK Metal Bank Ltd 0.04 18% 525,891 $9,400,508
FTL Firetail Resources 0.175 17% 755,782 $14,437,500
SIO Simonds Grp Ltd 0.175 17% 201,393 $53,985,968
SPZ Smart Parking Ltd 0.35 17% 878,004 $105,105,900
ECT Env Clean Tech Ltd. 0.007 17% 503,016 $14,859,663
MTB Mount Burgess Mining 0.0035 17% 501,429 $3,046,940
WGR Westerngoldresources 0.046 15% 1,902,153 $3,709,916
ASR Asra Minerals Ltd 0.008 14% 66,870 $10,082,710
KPO Kalina Power Limited 0.008 14% 177,041 $10,606,371
LSR Lodestar Minerals 0.008 14% 3,600,834 $13,008,781
AT1 Atomo Diagnostics 0.034 13% 19,599,512 $19,176,069
ENX Enegex Limited 0.026 13% 150,000 $8,485,068
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Yesterday’s Small Caps standouts were:

Up well over 30% was the exploration minnow Western Gold Resources (ASX:WGR), after revealing it’s set to acquire a high-grade REE prospect and two high-grade graphite projects in Sweden.

WGR, which holds the Gold Duke Project in WA, is also taking a moment to throw its hat in the rare earths game, entering into a conditional agreement to acquire Euro Future Metals (EFM), a Swedish-Euro mob with the exploration permit applications over not en; not två; but tre (3) high-grade prospects in Sweden – the Holmtjarn REE, Loberget Graphite and Rullbo Graphite Projects.

The Holmtjarn REE project appears to host NYF (niobium, yttrium and REE, fluorine) pegmatites, with WGR noting that:

“A rock chip sample of greater than 3.45% (34,448ppm) Total Rare Earth Oxide (TREO) with a ratio of Magnetic Rare Earth Oxide (MREO) to TREO of 25% is recorded in historic sampling of pegmatites.”

“We believe Sweden’s REE and Graphite potential is still to be unlocked and that these projects can assist making Europe self-sufficient in battery minerals,” said WGR managing director Warren Thorne.

Our Robert Badman, also a rock chip off the old shoulder of pegmatite if ever there was one, says that WGR has a gaggle of mapped pegmatites which await testing for REE potential and that this will be the focus of an upcoming exploration campaign.

“As for the graphite prospects, they’re located in the northern Gävleborg County, which hosts Woxna – the only graphite mine in the European Union.”

“’Nearology’ vibes? Quite possibly,” Mnsr Badman said yesterday.

Also in the nearology business on Monday was Western Yilgarn (ASX:WYX) declaring go on exploration at its West Julimar project for the very first time.

The dig is within spitting distance of Chalice’s monster Gonneville nickel deposit, trending into the ground next door.

Emerging from the shell of Pacific Bauxite (ASX:PBX), Western Yilgarn listed on the ASX in 2022 with a portfolio of critical minerals assets in WA.

Most of PBX’s old bauxite projects were flicked off but one stood out; E705111, or Julimar West, just east of Perth in WA. After years of planning delays, WYX looks ready to go.

On the medtech front, 1ST Group (ASX:1ST) rose by more than 20% in early trade after its virtual care technology company, Visionflex, received an order with an initial value of $1.1m in upfront revenue.

The WA Primary Health Alliance (WAPHA) wants 1ST to deliver virtual healthcare across 75 Commonwealth-funded Residential Aged Care Facilities (RACF) across WA.

The initial purchase represents $1.1m in upfront revenue in H1FY24, of which $660k has been received.

Additional orders from WAPHA, for other RACFs in Western Australia, are expected to materialise within FY24, the company says.

 

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 Company Price % Volume Market Cap
AYT Austin Metals Ltd 0.005 -38% 1,367,540 $8,126,997
DXN DXN Limited 0.001 -33% 994,500 $2,581,972
MTL Mantle Minerals Ltd 0.001 -33% 2,608,356 $9,221,169
ROG Red Sky Energy. 0.0035 -30% 6,206,573 $26,511,136
NXD Nexted Group Limited 0.855 -29% 5,368,185 $265,652,128
TD1 Tali Digital Limited 0.0015 -25% 13,085 $6,590,311
CXO Core Lithium 0.41 -25% 63,607,444 $1,012,891,653
EMP Emperor Energy Ltd 0.012 -20% 556,922 $4,032,937
ADS Adslot Ltd. 0.004 -20% 1,214,288 $16,333,088
BP8 Bph Global Ltd 0.002 -20% 106,504 $3,336,824
THR Thor Energy PLC 0.004 -20% 1,840,000 $7,296,457
WCN White Cliff Min Ltd 0.008 -20% 10,836,898 $12,570,186
KRR King River Resources 0.009 -18% 4,500 $17,088,774
KNG Kingsland Minerals 0.2 -17% 1,507,431 $10,732,752
NAE New Age Exploration 0.005 -17% 2,000,818 $8,615,393
NAG Nagambie Resources 0.032 -16% 62,526 $22,105,600
BVR Bellavistaresources 0.135 -16% 154,741 $6,075,602
RRR Revolverresources 0.15 -14% 65,283 $20,361,093
AHN Athena Resources 0.006 -14% 32,500 $7,493,273
CHK Cohiba Min Ltd 0.003 -14% 3,509,075 $7,746,355
CPT Cipherpoint Limited 0.006 -14% 99,084 $8,114,692
HOR Horseshoe Metals Ltd 0.012 -14% 23,567 $9,008,701
PRX Prodigy Gold NL 0.006 -14% 247,508 $12,257,755
RIE Riedel Resources Ltd 0.006 -14% 72,857 $14,415,849
SKN Skin Elements Ltd 0.006 -14% 1,514,123 $3,986,403
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TRADING HALTS

Azure Minerals (ASX:AZS): Regarding the finalisation of a capital raise

Firetail Resources (ASX:FTL): Regarding exploration results and a response to an ASX price query

4DS Memory (ASX:4DS): Whilst the company undertakes a review of new data regarding additional testing cycles to guarantee a comprehensive analysis of the Fourth Platform Lot. Err…shall we say, pending a trading update?

Parkway Corporate (ASX:PWN): Pending news of a potential capital raise

Centrex (ASX:CXM): Pending news of a capital raise

Rox Resources (ASX:RXL): Pending news of a capital raise

 

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