Rise and Shine: Everything you need to know before the ASX opens

Good morning.

On Stockhead today, all the ASX uranium players in the development pipeline, who’s closing in on a fix for wet AMD, and cannabis can kill cancer – fact. Maybe.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,148.30 (+1%)

Silver: US$24.17 (+2%)

Nickel (3mth): US$17,759/t (-1%)

Copper (3mth): US$8,491.50/t (-0.6%)

Oil (WTI): US$79.14 (+1.3%)

Oil (Brent): US$82.91 (+1.05%)

Iron 62pc Fe: US$115.1/t (+0.5%)

AUD/USD: 0.6567 (+1%)

Bitcoin: US$66,392 (+4.5%)

WHAT GOT YOU TALKING

Lithium. But only while Bitcoin has a bit of a lie down:

What’s happening today with this and that, here and there, pertaining to the #lithium market? Let’s find out. https://t.co/eV7fcgscIH

— Stockhead (@StockheadAU) March 6, 2024

ASX SMALL CAP LEADERS

Monday’s best performing small cap stocks:

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

Code	Name	Price	% Change	Volume	Market Cap
NME	Nex Metals Explorat	2.20	69.23	719,580	$4,582,923
SLZ	Sultan Resources Ltd	2.30	64.29	4,250,180	$2,074,661
M4M	Macro Metals Limited	0.45	50.00	117,486,556	$8,436,233
1AD	Adalta Limited	3.20	28.00	64,473,613	$13,145,102
ASV	Assetvisonco	1.40	27.27	676,590	$7,984,202
AT1	Atomo Diagnostics	3.40	25.93	44,741,154	$17,258,462
DXB	Dimerix Ltd	27.50	25.00	9,201,144	$96,255,826
NVQ	Noviqtech Limited	0.50	25.00	15,959,142	$5,237,781
TMX	Terrain Minerals	0.50	25.00	790,000	$5,726,683
ARV	Artemis Resources	1.80	20.00	5,080,535	$25,367,942
ADD	Adavale Resource Ltd	0.60	20.00	100,000	$5,055,861
AL8	Alderan Resource Ltd	0.60	20.00	4,333,333	$5,534,307
MSG	Mcs Services Limited	0.60	20.00	584,509	$990,498
OAU	Ora Gold Limited	0.60	20.00	12,459,224	$28,700,004
UCM	Uscom Limited	2.70	17.39	8,846	$5,625,515
AUZ	Australian Mines Ltd	1.75	16.67	38,054,129	$19,597,666
ODY	Odyssey Gold Ltd	2.10	16.67	797,367	$16,179,680
OPN	Oppenneg	0.70	16.67	500,000	$6,775,078
RNX	Renegade Exploration	0.70	16.67	1,896,028	$6,010,343
DEL	Delorean Corporation	6.50	16.07	278,496	$12,080,371
PLT	Plenti Group Limited	75.00	15.38	1,200,411	$113,507,930
IPT	Impact Minerals	1.50	15.38	24,058,429	$37,241,151
TTM	Titan Minerals	3.00	15.38	3,289,990	$44,092,003
CR1	Constellation Res	9.80	15.29	872,175	$4,241,961
ALA	Arovella Therapeutic	15.50	14.81	2,564,747	$124,896,092

Atomo Diagnostics (ASX:AT1) rocketed by as much as 90% after announcing that it has secured a significant order for its HIV Self-Tests.

Atomo said it secured purchase orders from US-based Viatris Healthcare for approximately $970k worth of HIV Self-Tests, manufactured by Atomo under the Mylan brand, for supply to a number of Low- and Middle-Income Countries (LMICs).

AdAlta (ASX:1AD) announced key results from its Phase 1 extension study of lead asset AD-214, a drug for fibrotic diseases.

AdAlta says the results have positively answered key partnering discussion questions to support progressing AD-214 to Phase II clinical studies in Idiopathic Pulmonary Fibrosis (IPF).

Metalicity (ASX:MCT) says drilling approvals at its 80% owned Yundamindra Gold Project (20% owned by JV partner Nex Metals Exploration (ASX:NME) have been lodged for the first drilling program in over a decade. MCT says following favourable Wardens Court decisions regarding the Yundamindra tenements the company has been undertaking extensive internal and external review of all historical data and activities at the highly prospective gold project.

Constellation Resources (ASX:CR1) announced that it has been conditionally accepted as the preferred applicant for six Special Prospecting Authorities with an Acreage Option (SPA-AO) applications over the Edmond-Collier and Yerrida Basin area. The application areas are considered to be prospective for helium and associated gases. The six SPA-AOs cover a total of 712 graticular blocks (56,192km2) over the Edmond-Collier and Yerrida Basins.

And Magellan Financial Group (ASX:MFG) rose after after reporting the funds under management (FUM) in February rose to $37.2bn from $36.3bn in January.

ASX SMALL CAP LAGGARDS

Today’s best performing small cap stocks:

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

	Name	Price	% Change	Volume	Market Cap
CNJ	Conico Ltd	0.20	-33.33	425,840	$4,710,285
ABE	Ausbondexchange	1.10	-26.67	333,320	$1,690,022
1AG	Alterra Limited	0.30	-25.00	104,426	$3,482,763
XST	Xstate Resources	1.50	-25.00	959,550	$6,430,383
WHK	Whitehawk Limited	3.70	-24.49	19,461,936	$16,565,465
EDE	Eden Inv Ltd	0.20	-20.00	433,725	$9,195,678
ESR	Estrella Res Ltd	0.40	-20.00	5,003,586	$8,796,859
ROG	Red Sky Energy.	0.40	-20.00	828,556	$27,111,136
SEG	Sports Ent Grp Ltd	19.00	-19.15	2,200	$62,215,872
GCM	Green Critical Min	0.50	-16.67	2,066,940	$6,819,510
IBG	Ironbark Zinc Ltd	0.50	-16.67	1,507,200	$9,563,236
INP	Incentiapay Ltd	0.50	-16.67	70,175	$7,463,580
VAL	Valor Resources Ltd	0.25	-16.67	18,909	$13,767,040
ICR	Intelicare Holdings	1.60	-15.79	199,844	$4,461,665
MXC	Mgc Pharmaceuticals	42.50	-15.00	75,602	$21,925,816
REY	REY Resources Ltd	8.50	-15.00	900	$21,168,754
FRS	Forrestaniaresources	1.80	-14.29	200,055	$3,397,501
HFY	Hubify Ltd	1.20	-14.29	17,094	$6,945,908
T3D	333D Limited	0.60	-14.29	3,333	$836,115
TTI	Traffic Technologies	0.60	-14.29	6,320	$5,303,691
LVH	Livehire Limited	3.35	-14.10	86,714	$14,157,116
CTT	Cettire	405.00	-13.09	13,811,191	$1,776,570,105
SRX	Sierra Rutile	10.00	-13.04	121,857	$48,787,191
AKN	Auking Mining Ltd	2.00	-13.04	2,548,279	$5,413,135
ASQ	Australian Silica	4.00	-13.04	246,876	$12,965,577

Dicker Data (ASX:DDR) announced founder, chairman and CEO has David Dicker has sold down ~8.3 million shares representing ~10.2% of the company’s issued capital due to a recent divorce settlement and restructuring of his portfolio. The sale was undertaken at a price of $10.90 per share by way of an underwritten block trade equating to ~$90.47 million.

Cettire (ASX:CTT) dropped -13% after a report by the AFR suggested the company was not paying duties to Australian customs.

Cettire denied the allegations, telling the ASX:

“Cettire believes that all applicable duties and other import charges are paid to the relevant authorities at the point of customs clearance. Goods are unable to clear customs unless the applicable duties are paid.”