On Stockhead today, the small caps that won and lost in April, the commodities that won and lost in April, and the BNPLs that- wait… some BNPLs won?
But first, the day ahead.
WHO’S LISTING?
Listing: 3 May
IPO: $12.5m at $0.50
This explorer is building a pipeline of precious and base metal discoveries in Nevada, USA.
Its portfolio includes the Blackhawk polymetallic silver-gold epithermal discovery and the Blackhawk porphyry copper-gold discovery.
SNG also has the Warrior, New Pass and Colorback gold projects.
Around 12,000m of drilling is planned over the next 12 months.
TRADING HALTS
The following companies are in trading halts and are expected out in the coming days:
Miramar Resources (ASX:M2R) – Capital raising
Ionic Rare Earths (ASX:IXR) – Mineral resource estimate at Makuutu
Resource Mining Corporation (ASX:RMI) – Potential acquisition
Eastern Iron (ASX:EFE) – Material transaction
Theta Gold Mines (ASX:TGM) – Private placement and capital raise
Emvision Medical Devices (ASX:EMV) – Strategic agreement
AVZ Minerals (ASX:AVZ) – Material announcement relating to Manono Lithium and Tin Project
Family Zone Cyber Safety (ASX:FZO) – Capital raising
Canyon Resources (ASX:CAY) – Announcement relating to BFS at Minim Martap Bauxite Project
Buru Energy (ASX:BRU) – Relating to a rights issue
White Rock Minerals (ASX:WRM) – Equity raising
Zinc of Ireland (ASX:ZMI) – Capital raising
QEM Ltd (ASX:QEM) – Capital raising
Peppermint Innovation (ASX:PIL) – Important licence for the company in the Phillipines
Felix Group Holdings (ASX:FLX) – Capital raising
MARKETS (updated at 8am AEDT)
Gold: $US1,885.00 (-0.60%)
Silver: $US22.76 (+0.11%)
Nickel (3mth): $US32,500/t (-2.32%)
Copper (3mth): $US9,769/t (+0.75%)
Oil (WTI): $US104.45 (-0.25%)
Oil (Brent): $US106.84 (-0.52%)
Aust Coking Coal (steelmaking): $406.7/t (-9.6%)
Newcastle Coal (thermal): $264/t (+2.0%)
Iron 62pc Fe: $US142.00 (+2.90%)
AUD/USD: $US0.704(-0.15%)
Bitcoin: $US38,831 (+0.85%)
WHAT GOT YOU TALKING YESTERDAY?
Great Northern got you talking.
The company has been awarded a new exploration tenement, which will allow it to accelerate exploration across the Camel Creek gold-antimony project in northern Queensland.
And all things gold.
The precious commodity was hammered last week but experts believe the ensuing selloff in ASX gold stocks currently presents a buying opportunity.
YESTERDAY’S BIGGEST SMALL CAP WINNERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Last | % | Volume |
|---|---|---|---|---|
| RAB | Adrabbit Limited | 0.052 | 126% | 5,208,517 |
| JAV | Javelin Minerals Ltd | 0.002 | 100% | 250,921 |
| E33 | East 33 Limited. | 0.079 | 98% | 41,440,230 |
| BIT | Biotron Limited | 0.1 | 37% | 41,501,097 |
| VMG | VDM Group Limited | 0.002 | 33% | 404,035 |
| MGTRE | Magnetite Mines - Rights 06-May-22 | 0.005 | 25% | 10,686,567 |
| BMR | Ballymore Resources | 0.26 | 24% | 1,223,929 |
| SRN | Surefire Rescs NL | 0.048 | 23% | 69,612,693 |
| ISU | Iselect Ltd | 0.19 | 23% | 360,285 |
| VOL | Victory Offices Ltd | 0.14 | 22% | 26,037 |
| HAL | Halo Technologies | 0.675 | 21% | 338,307 |
| HIO | Hawsons Iron Ltd | 0.895 | 20% | 15,855,921 |
| AVW | Avira Resources Ltd | 0.006 | 20% | 1,778,119 |
| PCL | Pancontinental Energ | 0.012 | 20% | 186,567,655 |
| DC2 | Dctwo | 0.095 | 19% | 7,250 |
| AYM | Australia United Min | 0.007 | 17% | 28,571 |
| RAN | Range International | 0.014 | 17% | 4,771,055 |
| CPN | Caspin Resources | 0.87 | 16% | 314,325 |
| ORM | Orion Metals Ltd | 0.052 | 16% | 21,538 |
| SLS | Solsticeminerals | 0.23 | 15% | 1,653,708 |
| XST | Xstate Resources | 0.004 | 14% | 650,000 |
| AIB | Aurora Glb Trust | 0.105 | 14% | 4,500 |
| HRZ | Horizon | 0.135 | 13% | 521,213 |
| ZMM | Zimi Ltd | 0.009 | 13% | 250,000 |
| HCT | Holista CollTech Ltd | 0.039 | 11% | 52,138 |
Seafood wrangler East 33 (ASX:E33) has made the wreckage of last week but a distant memory, with the share price going off like a raw oyster in the sun, peaking at over 120% before settling to a more cheerful 82% gain at the close.
The secret sauce? The company says the ‘inclement weather’ – that’s the insane rain that’s been falling since like, forever just vindicating its geographic diversification strategy – meaning the lads and lasses got in a decent oyster harvest.
Another little bunny of a stock AdRabbit (ASX:RAB) reduced quarterly spend on marketing and promos to focus on getting its next-gen Software-as-a-Software (SaaS) platform kicking more advertising goals. The company designs and creates various templates for social media ads and marketing via their AI platform.
YESTERDAY’S BIGGEST SMALL CAP LOSERS
(Stocks highlighted in yellow fell after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| IPTRA | Impact Minerals - Rights 13-May-22 Def | 0.002 | -50% | 4,344,181 |
| WOO | Wooboard Tech Ltd | 0.001 | -50% | 12,568,878 |
| RCW | Rightcrowd | 0.072 | -35% | 445,212 |
| ABB | Aussie Broadband | 4 | -28% | 8,758,918 |
| SPX | Spenda Limited | 0.011 | -27% | 34,454,919 |
| BEX | Bikeexchange Ltd | 0.05 | -25% | 630,592 |
| YPB | YPB Group Ltd | 0.0015 | -25% | 2,500,000 |
| OVN | Oventus Medical Ltd | 0.021 | -25% | 1,457,377 |
| ALY | Alchemy Resource Ltd | 0.029 | -24% | 37,422,369 |
| HMD | Heramed Limited | 0.15 | -23% | 1,073,019 |
| IVO | Invigor Group Ltd | 0.0455 | -23% | 314,890 |
| AUQ | Alara Resources Ltd | 0.041 | -21% | 727,834 |
| BNZ | Benzmining | 0.76 | -20% | 455,254 |
| HCD | Hydrocarbon Dynamic | 0.024 | -20% | 22,443,970 |
| CCE | Carnegie Cln Energy | 0.002 | -20% | 41,609,927 |
| VPR | Volt Power Group | 0.002 | -20% | 1,000,000 |
| MSG | Mcs Services Limited | 0.04 | -18% | 432,773 |
| XTE | Xtek Limited | 0.295 | -18% | 792,637 |
| WC8 | Wildcat Resources | 0.033 | -18% | 4,175,245 |
| VR8 | Vanadium Resources | 0.12 | -17% | 3,610,599 |
| HMI | Hiremii | 0.053 | -17% | 1,782,675 |
| TMX | Terrain Minerals | 0.01 | -17% | 155,002 |
| LPE | Locality Planning | 0.06 | -15% | 2,686,331 |
| MDC | Medlab Clinical Ltd | 0.11 | -15% | 108,526 |
| AMM | Armada Metals | 0.14 | -15% | 384,040 |
Shares in Imugene (ASX:IMU) slid ~13% yesterday to 19 cents after it announced it had terminated its supply agreement with MSD, a tradename of Merck & Co.