Today on Stockhead, Michael Washbourne sat in a room with a bunch of uranium explorers and producers, and got their ideas on what our yellowcake-fuelled future looks like.

Eddy Sunarto got to work busting a few IPO investing myths.

And Nadine McGrath looks at the ASX fintechs leveraging AI to further disrupt the banking sector.

And this site is still free.

But first, to markets!

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

 

Gold: US$1,992.62  (+0.15%)

Silver: US$23.67 (+0.20%)

Nickel (3mth): US$16,435/t (-3.28%)

Copper (3mth): US$8,353.50/t (-1.13%)

Oil (WTI): US$76.125  (-1.11%)

Oil (Brent): US$80.13 (-2.23%)

Iron 62pc Fe: US$129.84/t (+0.00%)

AUD/USD: 0.6555 (+0.20%)

Bitcoin: US$37,250 (+1.20%)

 

WHAT GOT YOU TALKING

Nobody cares about your stoopid falling lithium prices.

 

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
VPR Volt Power Group 0.0015 50% 147,375 $10,716,208
TAS Tasman Resources Ltd 0.007 40% 2,350,084 $3,563,346
AMM Armada Metals 0.055 38% 2,098,453 $6,902,723
AI1 Adisyn Ltd 0.026 37% 69,769 $2,655,960
AHN Athena Resources 0.004 33% 1,852,051 $3,211,403
MCT Metalicity Limited 0.002 33% 390,000 $6,376,629
SIH Sihayo Gold Limited 0.002 33% 20,000 $18,306,384
POD Podium Minerals 0.048 30% 441,871 $13,480,454
MKL Mighty Kingdom Ltd 0.018 29% 5,555 $5,885,174
SCT Scout Security Ltd 0.019 27% 185,196 $3,486,411
OLI Oliver'S Real Food 0.024 26% 286,650 $8,373,906
PKO Peako Limited 0.005 25% 1,477,680 $2,108,339
TMG Trigg Minerals Ltd 0.01 25% 749,937 $2,998,050
NSB Neuroscientific 0.071 25% 15,508 $8,242,478
CHM Chimeric Therapeutic 0.035 21% 50,555,692 $15,996,234
CAG Caperangeltd 0.12 20% 25,000 $9,490,830
TOR Torque Met 0.21 20% 3,014,653 $22,911,714
ASP Aspermont Limited 0.012 20% 4,179,864 $24,387,637
LVT Livetiles Limited 0.006 20% 33,667 $5,885,553
MOH Moho Resources 0.012 20% 8,357,498 $5,100,666
NGY Nuenergy Gas Ltd 0.024 20% 1,269,874 $29,619,110
SIT Site Group Int Ltd 0.003 20% 14,565,841 $6,506,226
VMS Venture Minerals 0.012 20% 3,253,095 $19,500,130
FL1 First Lithium Ltd 0.625 19% 890,743 $36,777,125
NWF Newfield Resources 0.13 18% 115,000 $97,025,197
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It was a big day for Armada Metals (ASX:AMM) because even though the price of Li2O has plunged circa three-quarters this year, it certainly hasn’t killed off enthusiasm in the battery metal.

Which leads us to AMM, which has picked up four early-stage lithium exploration projects for $150k cash and 26m shares in the emerging hard rock hub of Brazil.

“This is an exciting transaction for Armada as we diversify both geographically and into lithium, while remaining in the critical metals space,” chairman Rick Anthon says.

Reubs says the $10m capped stock almost recovered its year-to-date losses on the news. It had ~$2m in the bank at the end of September.

Moho Resources (ASX:MOH) charged ahead in early trade before going into a halt “pending the release of exploration results” at the King Charles rare earths (REE) project.

Peak Charles is an early stage clay-hosted REE project near Esperance, says Reuben, where Lord of the Rings inspired prospects like Gimli and Pippin “may indicate the presence of rare earth-enriched intrusions”.

A shallow 43 hole, 1670m drill program along road reserves and existing tracks has been completed, with assays pending.

The $5m capped stock is down 40% year-to-date.

Chimeric Therapeutics (ASX:CHM) and its lead CHM 1301 therapy found support – it was up a full third at the close, following some very positive preclinical data for the cell therapy player.

 

TODAY’S ASX SMALL CAP LAGGARDS

Here are the day’s worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap
BP8 Bph Global Ltd 0.001 -50% 4,340 $3,231,126
ACM Aus Critical Mineral 0.185 -49% 4,964,804 $10,703,250
AYM Australia United Min 0.002 -33% 6,033 $5,527,732
APX Appen Limited 0.6125 -29% 8,961,076 $135,584,185
REZ Resourc & En Grp Ltd 0.011 -27% 1,309,852 $7,497,087
AVM Advance Metals Ltd 0.003 -25% 27,462 $2,889,387
ENT Enterprise Metals 0.003 -25% 300 $3,197,884
KPO Kalina Power Limited 0.004 -20% 751,981 $7,575,979
LSR Lodestar Minerals 0.004 -20% 44,937 $10,116,987
ODE Odessa Minerals Ltd 0.008 -20% 6,051,042 $9,471,118
BNZ Benzmining 0.295 -17% 10,369 $39,648,698
OZM Ozaurum Resources 0.15 -17% 5,560,789 $28,575,000
ESR Estrella Res Ltd 0.005 -17% 2,500 $10,554,431
ME1 Melodiol Glb Health 0.0025 -17% 4,326,622 $12,654,126
SFG Seafarms Group Ltd 0.005 -17% 883,654 $29,019,595
SKN Skin Elements Ltd 0.005 -17% 568,850 $3,536,917
PSQ Pacific Smiles Grp 0.905 -16% 2,902,888 $172,348,493
BMO Bastion Minerals 0.016 -16% 295,445 $3,973,950
14D 1414 Degrees Limited 0.055 -15% 81,841 $15,480,954
RDN Raiden Resources Ltd 0.051 -15% 72,928,513 $157,908,491
ACP Audalia Res Ltd 0.012 -14% 250,000 $9,689,907
CCO The Calmer Co Int 0.006 -14% 2,162,166 $5,719,835
INP Incentiapay Ltd 0.006 -14% 333,333 $8,855,445
OAU Ora Gold Limited 0.006 -14% 64,074,642 $39,355,173
VAL Valor Resources Ltd 0.003 -14% 39,231 $13,556,672
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TRADING HALTS

Mt Malcolm Mines (ASX:M2M) – Pending an announcement relating to the release of a proposed capital raise

Moho Resources (ASX:MOH) – Pending an announcement regarding the release of exploration results at the Company’s Peak Charles Project

Origin Energy (ASX:ORG) – Pending an announcement with an update in relation to the proposed acquisition of Origin by way of scheme of arrangement

Ballymore Resources (ASX:BMR) – Requested as BMR expects to announce a material financing transaction and an accelerated non-renounceable entitlement offer (ANREO)

Far (ASX:FAR)  – Pending the release of information by the Company to the market relating to correspondence received overnight with respect to a potential tax claim from the Tax Authority of the Republic of Senegal regarding the sale by FAR of its interest in the RSSD Project in 2021

Cazaly Resources (ASX:CAZ) – Pending an announcement regarding a propsed equity raise

Botanix Pharmaceuticals (ASX:BOT) – Pending release of an announcement regarding a proposed capital raising

Senetas (ASX:SEN) – Pending release of an announcement regarding a proposed capital raising

Whitebark Energy (ASX:WBE) – Pending release of an announcement regarding a proposed capital raising

TG Metals (ASX:TG6) – Pending release of an announcement regarding a proposed capital raising

Brightstar Resources (ASX:BTR) – Pending release of an announcement regarding a proposed capital raising