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

Picture: Getty Images

Today on Stockhead, Tim “Not a Doctor” Boreham delves into the paediatric pot-stock Neurotech, the oh-so-clever but sadly Freo-supporting Jess Cummins looks at micro-caps with major support, and the delightfully hamster-cheeked Christian Edwards has caught up with James Whelan.
But first…
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$2,323.50 (+0.07%)
Silver: US$29.60 (+0.18%)
Nickel (3mth): US$16,535/t (+4.17%)
Copper (3mth): US$9,680/t (-1.81%)
Zinc: US$2,860/t (+0.56%)
Oil (WTI): US$80.97 (+0.47%)
Oil (Brent): US$85.47 (+0.47%)
Iron 62pc Fe: US$106.96/t (-0.18%)
AUD/USD: 0.6643 (+0.03%)
Bitcoin: US$61,335.40 (-4.63%)
WHAT GOT YOU TALKING
All the PLS validation you needed:
#Lithium miner Pilbara Minerals is still a buy: Jarden analysts led by Ben Lyons. https://t.co/LQu9QSoDTt
— Stockhead (@StockheadAU) June 24, 2024
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 | Name | Price | % Change | Volume | Market Cap |
---|---|---|---|---|---|
ENR | Encounter Resources | 0.630 | 83% | 12,684,148 | $155,276,929 |
ICR | Intelicare Holdings | 0.015 | 67% | 5,506,977 | $2,113,420 |
KPO | Kalina Power Limited | 0.005 | 50% | 9,926,863 | $7,459,182 |
BFC | Beston Global Ltd | 0.003 | 50% | 4,440,159 | $3,994,094 |
YPB | YPB Group Ltd | 0.003 | 50% | 333,333 | $1,615,923 |
MOH | Moho Resources | 0.005 | 43% | 21,240,553 | $1,887,124 |
BUR | Burleyminerals | 0.140 | 43% | 314,016 | $14,736,353 |
RWD | Reward Minerals Ltd | 0.033 | 38% | 298,129 | $5,468,475 |
AD1 | AD1 Holdings Limited | 0.008 | 33% | 370,000 | $5,391,890 |
MRQ | Mrg Metals Limited | 0.004 | 33% | 75,311,562 | $7,575,356 |
PTR | Petratherm Ltd | 0.020 | 25% | 578,164 | $3,596,018 |
NAG | Nagambie Resources | 0.011 | 22% | 363,636 | $7,169,721 |
PPK | PPK Group Limited | 0.470 | 21% | 149,751 | $34,642,330 |
AIV | Activex Limited | 0.006 | 20% | 818 | $1,077,513 |
SFG | Seafarms Group Ltd | 0.003 | 20% | 3,209,377 | $12,091,498 |
CLA | Celsius Resource Ltd | 0.013 | 18% | 23,747,986 | $26,707,040 |
EQS | Equitystorygroupltd | 0.026 | 18% | 234,250 | $2,397,856 |
WMG | Western Mines | 0.405 | 17% | 98,167 | $26,223,858 |
MYR | Myer Holdings Ltd | 0.755 | 17% | 7,345,061 | $536,527,951 |
AKN | Auking Mining Ltd | 0.021 | 17% | 333,728 | $4,776,367 |
CZN | Corazon Ltd | 0.007 | 17% | 653,608 | $3,693,587 |
ECT | Env Clean Tech Ltd. | 0.004 | 17% | 357,992 | $9,515,431 |
EXL | Elixinol Wellness | 0.004 | 17% | 296,205 | $3,963,547 |
IPB | IPB Petroleum Ltd | 0.007 | 17% | 1,694,317 | $4,238,418 |
Niobium has had a close encounter with Encounter Resources (ASX:ENR).
ENR says it has drilled itself right into some yummy thick, high-grade A1 niobium at the (not Simon) Crean carbonatite thingy which is a part of the Aileron project in the sexy West Arunta region of West Grunter (Australia).
Highlights include 52m at 3% Nb2O5 from 81m to end of hole, including 16m at 6% Nb2O5.
The iron ore and lithium explorer Burley Minerals (ASX:BUR) has jumped on news veteran cap markets exeuctive Dan Bahen is joining the BUR Board as non-executive chairman.
Dan has a bunch of experience – over 23 years of capital markets, commercial and finance – including 22 years with Paterson Securities and then Canaccord Genuity.
And Reward Minerals (ASX:RWD) says that the International Preliminary Examining Authority has provided a positive Preliminary Report on the “Patentability” of its processing technology for recovery of Potassium Sulphate (K2SO4 or SOP) directly from concentrated seawater and other high-sulphate brines.
Finally, hats off to Myer (ASX:MYR) which is up about 17% to end a fine Monday.
Myer shares surged on the news it was exploring a merger with Apparel Brands – which boasts retail brands like Portmans, Dotti, Just Jeans and Jay Jays.
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 | Name | Price | % Change | Volume | Market Cap |
---|---|---|---|---|---|
OAR | OAR Resources Ltd | 0.001 | -50% | 176,524 | $6,444,200 |
CTT | Cettire | 1.155 | -48% | 24,360,012 | $853,973,613 |
CCX | City Chic Collective | 0.125 | -40% | 24,268,224 | $58,130,770 |
BGE | Bridgesaaslimited | 0.012 | -40% | 32,400 | $2,387,941 |
1TT | Thrive Tribe Tech | 0.003 | -38% | 21,668,576 | $1,506,486 |
AUK | Aumake Limited | 0.002 | -33% | 160,000 | $5,743,220 |
LPD | Lepidico Ltd | 0.002 | -33% | 1,725,086 | $25,767,358 |
MTL | Mantle Minerals Ltd | 0.002 | -33% | 697,920 | $18,592,338 |
PRX | Prodigy Gold NL | 0.002 | -33% | 20,106,000 | $6,353,323 |
MTM | MTM Critical Metals | 0.033 | -27% | 816,019 | $12,649,808 |
DEL | Delorean Corporation | 0.032 | -26% | 311,528 | $9,275,999 |
CLZ | Classic Min Ltd | 0.002 | -25% | 123,098,120 | $1,102,057 |
EDE | Eden Inv Ltd | 0.002 | -25% | 2,087,565 | $7,356,542 |
ERL | Empire Resources | 0.003 | -25% | 150,000 | $5,935,653 |
FTC | Fintech Chain Ltd | 0.006 | -25% | 8,047 | $5,206,157 |
RIL | Redivium Limited | 0.003 | -25% | 1,166,235 | $10,923,419 |
VPR | Voltgroupltd | 0.002 | -25% | 3,170 | $21,432,416 |
BNL | Blue Star Helium Ltd | 0.007 | -22% | 13,989,786 | $17,480,388 |
AML | Aeon Metals Ltd. | 0.006 | -21% | 2,282,334 | $7,674,804 |
IMI | Infinitymining | 0.015 | -21% | 135,593 | $2,256,314 |
ADD | Adavale Resource Ltd | 0.004 | -20% | 825,728 | $5,201,327 |
BLZ | Blaze Minerals Ltd | 0.004 | -20% | 1,284,275 | $3,142,791 |
BUY | Bounty Oil & Gas NL | 0.004 | -20% | 2,002,686 | $7,492,505 |
CDT | Castle Minerals | 0.004 | -20% | 349,455 | $6,122,465 |
TRADING HALTS
Paladin Energy (ASX:PDN) – pending an announcement by the Company relating to a capital raising.
ANNND…
… Stockhead halts very briefly at about 3pm this afternoon, Launceston time, to say a teary-eyed, but immensely fond farewell to a true Stockhead legend – our esteemed editor Peter Farquhar, and the author of today’s Rise and Shine markets update. (The informative little thing you just read – above.)
Well played, Farkers. We salute you, and all the very best with your future endeavours.
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