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Good morning, today on Stockhead, Nadine chats to Jessica Amir about how moomoo is making it easier to invest on the Nasdaq. Eliza Owen tells us how Albo choked on Budget housing. And Rob “Badman” Badman is out in the driveway, giving the stragglers a hurry-up to the silver stocks party or they’ll miss Pass the Parcel.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,422.25 (+.32%)

Silver: US$31.30 (-0.57%)

Nickel (3mth): US$21,080.00/t (+6.48%)

Copper (3mth): US$10,963.00/t (+2.77%)

Zinc: US$3,068.50/t (+0.77%)

Oil (WTI): US$79.49 (-0.70%)

Oil (Brent): US$83.51 (-0.56%)

Iron 62pc Fe: US$117.02/t (0.15%)

AUD/USD: 0.6676 (-0.25%)

Bitcoin: US$67,050 (-0.30%)

 

WHAT GOT YOU TALKING

Something got readers’ hearts pounding here. (We’re depressingly sure it’s the gold price, though.)

ASX SMALL CAP LEADERS

Yesterday’s best performing small cap stocks:

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Code Name Price % Change Volume Market Cap
RMX Red Mount Min Ltd 0.00 100% 500,000 $3,423,577
SVY Stavely Minerals Ltd 0.05 58% 5,481,143 $12,604,023
CT1 Constellation Tech 0.00 50% 2,522,693 $1,474,734
AUC Ausgold Limited 0.04 35% 34,319,910 $59,699,671
AHN Athena Resources 0.00 33% 21,561,443 $3,211,403
CTN Catalina Resources 0.00 33% 131,575 $3,715,461
LSR Lodestar Minerals 0.00 33% 504,586 $3,035,096
COD Coda Minerals Ltd 0.17 31% 1,199,958 $21,397,889
CBH Coolabah Metals Limi 0.06 30% 509,342 $4,527,292
GNM Great Northern 0.01 30% 200,724 $1,546,291
ERG Eneco Refresh Ltd 0.01 29% 99,000 $1,906,508
EYE Nova EYE Medical Ltd 0.30 28% 1,952,235 $52,629,353
CUS Coppersearchlimited 0.12 28% 140,658 $8,674,828
NXL Nuix Limited 2.99 26% 2,871,633 $769,998,511
ALR Altairminerals 0.01 25% 12,243,105 $14,352,977
ESR Estrella Res Ltd 0.01 25% 4,810,997 $7,037,487
IBG Ironbark Zinc Ltd 0.01 25% 5,228,120 $6,375,490
MHC Manhattan Corp Ltd 0.00 25% 3,039,445 $5,873,960
OAU Ora Gold Limited 0.01 25% 1,061,571 $23,224,004
PNX PNX Metals Limited 0.01 25% 9,489,068 $23,880,859
GDC Global Data Grp 2.90 24% 1,318,107 $180,045,624
ASO Aston Minerals Ltd 0.02 23% 6,961,309 $16,835,835
I88 Infini Resources Ltd 0.22 23% 201,722 $6,647,082
LRV Larvottoresources 0.12 22% 6,763,447 $24,527,275
KLI Killiresources 0.05 21% 73,847 $3,472,252
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Coolabah Metals (ASX:CBH) is back on the ASX. Last week Coolabah announced the application for quotation of a whole bunch of new securities on the ASX, including over 5 million options and 22 million ordinary shares in a move which signals a potential expansion and growth phase for the diversified explorer. This follows the acquisition of the Mundi Mundi project in NSW, which boasts x2 historical fluorite mines. Fluoride-ion batteries also have the potential to displace lithium-ion batteries as they have a potential eight-fold increase in energy density relative to lithium-ion batteries, according to CBH.

Still with the diggers – and a re-interpretation of historical data at Stavely Minerals’ (ASX:SVY) Junction Prospect has reportedly identified an immediate shallow discovery opportunity.

A new set of eyes apparently has seen copper-gold-silver lode-style mineralisation intersected previously at Junction including “chalcopyrite, bornite and covellite and is very similar to the mineralisation at the Cayley Lode (9.3Mt at 1.23% Cu, 0.23g/t Au, 7g/t Ag).” That news dropped late last week, with SVY saying drilling will start as soon as a rig can be mobilised.

Stocks in the ever-troubled software firm Nuix (ASX:NXL) have genuinely surged on what looks genuinely good news. NXL has lifted full year guidance by more than a full third this morning after “general positive trading into the second half” that includes a significant multi-year win. Nuix says it’ll likely beat its previously stated strategic target of growing statutory revenue by around 10%. Nuix says it expects statutory EBITDA to come in more than 35% on last  year. Underlying EBITDA, which excludes non-operational legal costs, is likely to be in the range of $63m-$68m, up more than 36%.

Gold explorer Nagambie Resources (ASX:NAG)’ share price hasn’t enjoyed the best year to date, but today it rose on some welcome news. The company has announced a maiden JORC resource for the shallow, high-graded gold mineralisation at its namesake gold and antimony mine in central Victoria. Some specifics. The company’s talking an Inferred Resource here, of 415,000 tonnes averaging 11.5g/t gold equivalent and comprising 3.6g/t gold plus 4.3% antimony. It also notes that the in-ground metal content of 153,000 ounces gold equivalent, comprises 47,800 ounces gold plus 17,800 tonnes antimony and the average 11.5g/t gold equivalent resource grade is 230% of the mineable cut-off grade of 5.0g/t AuEq.

And another, bigger, goldie faring well. Ausgold (ASX:AUC) has appointed veteran company maker John Dorwood as exec chairman to drive towards first production from the 3Moz Katanning project in WA’s South West. “Ausgold’s growth potential and dominant ownership in the southwest Yilgarn Craton reminds me of Fronteer Gold, where I was VP-corporate development, which opened up a new frontier with its 2Moz Long Canyon gold project in under-explored eastern Nevada,” he says.

 

ASX SMALL CAP LAGGARDS

Today’s best performing small cap stocks:

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

Code Name Price % Change Volume Market Cap
VBS Vectus Biosystems 0.130 -35% 84,135 $10,641,872
ME1 Melodiol Glb Health 0.002 -33% 5,859,629 $2,140,462
EMS Eastern Metals 0.036 -28% 1,262,042 $4,121,312
BFC Beston Global Ltd 0.003 -25% 25,680 $7,988,188
NAE New Age Exploration 0.003 -25% 9,835,000 $7,175,596
TD1 Tali Digital Limited 0.002 -25% 65,419 $6,590,311
M4M Macro Metals Limited 0.028 -22% 43,016,788 $116,354,403
MHJ Michael Hill Int 0.495 -20% 1,364,785 $238,466,857
RGL Riversgold 0.008 -20% 7,885,440 $9,676,615
RML Resolution Minerals 0.002 -20% 250,693 $4,025,055
ROG Red Sky Energy. 0.004 -20% 232,253 $27,111,136
GLN Galan Lithium Ltd 0.235 -19% 9,076,561 $119,782,759
RSH Respiri Limited 0.030 -19% 360,016 $39,215,150
AON Apollo Minerals Ltd 0.022 -19% 1,658,649 $18,801,258
KGD Kula Gold Limited 0.009 -18% 1,342,332 $5,351,081
BEO Beonic Ltd 0.025 -17% 24,000 $12,734,848
WNR Wingara Ag Ltd 0.015 -17% 57,142 $3,159,765
LPD Lepidico Ltd 0.003 -17% 2,785,302 $25,767,358
MTL Mantle Minerals Ltd 0.003 -17% 875,328 $18,592,338
NRZ Neurizer Ltd 0.003 -17% 3,594,504 $4,961,875
PHL Propell Holdings Ltd 0.010 -17% 314,423 $3,340,057
IMI Infinitymining 0.046 -16% 41,739 $6,531,436
SGA Sarytogan 0.210 -16% 235,442 $19,487,477
JGH Jade Gas Holdings 0.043 -16% 120,000 $80,418,543
NTL New Talisman Gold 0.018 -14% 22,917 $9,272,121
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Jewellery retailer Michael Hill (ASX:MHJ) dropped almost -20% after reporting a challenging first half. 

MHJ said first half sales rose by +10.2% in Australia vs the pcp, however this growth was driven mainly by the inclusion of the Bevilles brand in FY24. Sales performance in the core Michael Hill brand remained negative to last year.

The New Zealand segment meanwhile remains its most challenged segment, with deeper economic pressures significantly impacting consumer behaviour and discretionary spend over there. Sales in NZ dropped by -10.3% in H1 vs pcp.