Rise and Shine: Everything you need to know before the ASX opens
George Washington, rolling in his grave on a daily basis. Pic via Getty Images
Good morning, and welcome to Rise and Shine, Wednesday April 30.
It was on this day in history in 1789 that George Washington, the first president of the US of A, was inaugurated in New York City, addressing his constituency on “the proceedings of a new and free government” – pledging to “preserve, protect and defend the Constitution of the United States”.
It was also on this day exactly one year ago, that Donald Trump became the first person to have held the office of US president to have shown criminal contempt of court – practically pledging to repeatedly violate a gag order during his infamous “hush money” trial, which centred around alleged sexual relations with adult film star Stormy Daniels.
Incidentally, Trump recently compared himself with Washington, and in fact, put himself ahead of the first ever POTUS on the presidential greatness scale.
“It has been stated by many that the first month of our presidency … is the most successful in the history of our nation,” Trump opined to Congress on March 4. “And what makes it even more impressive is that, do you know who number two is George Washington? How about that? I don’t know about that list, but we’ll take it.”
Besides the word president, pretty much the only thing we can see that Trump has in common with Washington, however, is a double chin and a whack hairdo.
Onto the markets info you probably came here for…
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$3309.54/oz (-1.03%)
Silver: US$33.23/oz (-0.26%)
Iron Ore: US$98.55/t (+0.14%)
Nickel (3mth): US$15,535/t (-0.51%)
Copper (3mth): US$9416/t (-0.31%)
Zinc: US$2599/t (+0.03%)
Lithium carbonate US$8700/t. (-3.33%)
Oil (WTI): US$61.03/bbl (-1.64%)
Oil (Brent): US$64.53/bbl (-1.71%)
AUD/USD: 0.6383 (-0.72%)
Bitcoin: US$95,002 (+0.39%)
WHAT GOT YOU TALKING
Tylah Tully speaks with @BuxtonResources CEO Marty Moloney about the company’s Royale project, where Buxton has secured the first of three major exploration licences. https://t.co/UIuACPgze0 #ASX $BUX
— Stockhead (@StockheadAU) April 28, 2025
Also in the news…
Stockhead’s own John Miller shines a spotlight on a sizeable gallium discovery by DY6 Metals (ASX:DY6) in our latest Resources Top 5, which had the company’s stock price surging after hitting 74m at 93.26g/t gallium oxide and 1.56% total rare earth oxides from 72m.
A raft of resources earnings reports hit the boards today, running the gamut from gold to coal to uranium. Josh Chiat has the run down on Northern Star Resources (ASX:NST), Mineral Resources (ASX:MIN), Whitehaven Coal (ASX:WHC) and Boss Energy (ASX:BOE) just to name a few.
Finally, wound management biotech Aroa Biosurgery (ASX:ARX) says it’s unbothered by potential tariff impacts, predicting the import tax placed on its products will be “substantially less” than the 10% general duty imposed on New Zealand.
ASX SMALL CAP LEADERS
Today’s best performing small cap stocks:
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| DY6 | Dy6Metalsltd | 0.165 | 293% | 5842597 | $2,117,255 |
| 88E | 88 Energy Ltd | 0.002 | 100% | 9133331 | $28,933,812 |
| MMR | Mec Resources | 0.005 | 67% | 1080000 | $5,549,298 |
| EEL | Enrg Elements Ltd | 0.0015 | 50% | 2598009 | $3,253,779 |
| RAN | Range International | 0.003 | 50% | 270606 | $1,878,581 |
| CML | Connected Minerals | 0.16 | 45% | 189271 | $4,549,403 |
| ICR | Intelicare Holdings | 0.01 | 43% | 16556666 | $3,403,317 |
| PHL | Propell Holdings Ltd | 0.01 | 43% | 844830 | $1,948,367 |
| ADN | Andromeda Metals Ltd | 0.014 | 40% | 35683888 | $34,287,277 |
| EAT | Entertainment | 0.007 | 40% | 274684 | $6,543,930 |
| NYM | Narryermetalslimited | 0.042 | 35% | 2813 | $5,457,699 |
| 1TT | Thrive Tribe Tech | 0.002 | 33% | 4505606 | $3,047,585 |
| ADD | Adavale Resource Ltd | 0.002 | 33% | 1061407 | $3,430,919 |
| PRM | Prominence Energy | 0.004 | 33% | 1132 | $1,167,529 |
| QXR | Qx Resources Limited | 0.004 | 33% | 50200 | $3,930,987 |
| SIS | Simble Solutions | 0.004 | 33% | 429710 | $2,628,991 |
| EL8 | Elevate Uranium Ltd | 0.29 | 32% | 3345655 | $84,835,479 |
| MVP | Medical Developments | 0.61 | 31% | 1485471 | $52,386,121 |
| PNT | Panthermetalsltd | 0.017 | 31% | 21681035 | $3,911,759 |
| DTR | Dateline Resources | 0.009 | 29% | 43908802 | $19,358,980 |
| WYX | Western Yilgarn NL | 0.034 | 26% | 3215 | $3,714,149 |
| HMY | Harmoney Corp Ltd | 0.635 | 26% | 91637 | $51,491,894 |
| UVA | Uvrelimited | 0.094 | 25% | 1305 | $4,515,000 |
| RRR | Revolverresources | 0.035 | 25% | 162884 | $7,735,679 |
| ASR | Asra Minerals Ltd | 0.0025 | 25% | 21606559 | $4,746,254 |
Making news…
DY6 Metals (ASX:DY6) surged almost 300% after striking something special at Tundulu in southern Malawi, near the border with Mozambique. A fresh look at old drill data has uncovered high-grade gallium right from surface, with some hits showing eye-popping grades over long stretches. One standout drill hole pulled 74 metres at over 93 g/t gallium, including a spike at 310 g/t. DY6 said less than half the area has been drilled, and the gallium keeps going deeper, hinting there’s plenty more below.
Gallium is hot property right now thanks to demand in electronics and semiconductors, and most of the global supply is stitched up by China. DY6’s still running tests, but early signs point to a potentially serious play, and the market will be watching closely when results land in the coming weeks.
Joining in on the uranium bull run, Connected Minerals (ASX:CML) jumped 45% on release of its quarterly report, which included some promising uranium exploration results within the company’s Namibian assets. Trench sampling at the Etango North-East prospect generated results of up to 46m at 506 ppm uranium, with grades peaking at 1m at 5,413 ppm U3O8.
InteliCare (ASX:ICR) is teaming up with Mecwacare to trial its smart care tech at the Trescowthick Centre in Prahran, Victoria. Mecwacare is a major aged care player in Victoria, and InteliCare’s AI-powered platform is part of its push to become a tech-savvy leader in aged and disability care. The trial will run for three months once the system’s fully set up, and if it goes well, Mecwacare could look to expand it across all 22 of its aged care homes. The deal’s worth $212k for now.
ASX SMALL CAP LAGGARDS
Today’s worse performing small cap stocks:
| Code | Name | Price | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| HCF | H&G High Conviction | 0.055 | -84% | 427504 | $6,792,267 |
| SMX | Strata Minerals | 0.017 | -43% | 12258716 | $7,324,455 |
| IVT | Inventis Limited | 0.016 | -33% | 51875 | $1,834,185 |
| PAB | Patrys Limited | 0.002 | -33% | 4061410 | $6,172,342 |
| REY | REY Resources Ltd | 0.027 | -29% | 12682 | $8,039,314 |
| TON | Triton Min Ltd | 0.005 | -29% | 25388 | $10,978,721 |
| AKN | Auking Mining Ltd | 0.006 | -25% | 1411746 | $4,598,230 |
| AUK | Aumake Limited | 0.003 | -25% | 166666 | $12,042,769 |
| SFG | Seafarms Group Ltd | 0.0015 | -25% | 254852 | $9,673,198 |
| 3PL | 3P Learning Ltd | 0.6 | -21% | 14325 | $207,408,957 |
| ALM | Alma Metals Ltd | 0.004 | -20% | 503110 | $7,931,727 |
| AVE | Avecho Biotech Ltd | 0.004 | -20% | 1730579 | $15,867,318 |
| BYH | Bryah Resources Ltd | 0.004 | -20% | 2810980 | $4,349,768 |
| MEG | Megado Minerals Ltd | 0.008 | -20% | 835592 | $4,196,833 |
| RLL | Rapid Lithium Ltd | 0.002 | -20% | 46640 | $3,112,362 |
| PUA | Peak Minerals Ltd | 0.009 | -18% | 14258456 | $30,880,534 |
| PNN | Power Minerals Ltd | 0.059 | -18% | 2175314 | $8,197,551 |
| EMN | Euromanganese | 0.205 | -18% | 45937 | $10,247,906 |
| PGH | Pact Group Hldgs Ltd | 0.9 | -18% | 210275 | $376,997,608 |
| MNC | Merino and Co | 0.12 | -17% | 170932 | $7,696,103 |
| 1AI | Algorae Pharma | 0.005 | -17% | 2150156 | $10,124,368 |
| AZL | Arizona Lithium Ltd | 0.005 | -17% | 4252772 | $27,370,887 |
| BLZ | Blaze Minerals Ltd | 0.0025 | -17% | 2405674 | $4,700,843 |
| TMX | Terrain Minerals | 0.0025 | -17% | 385342 | $6,010,670 |
| BTE | Botalaenergyltd | 0.055 | -17% | 20000 | $16,510,297 |
Trading Halts
Dimerix (ASX:DXB) – licensing agreement
Orthocell (ASX:OCC) – new regulatory approval for Remplir
Southern Cross Gold (ASX:SXG) – cap raise
Kalamazoo Resources (ASX:KZR) – cap raise
Alice Queen (ASX:AQX) – cap raise
Nanoveu (ASX:NVU) – cap raise
Blinklab (ASX:BB1) – cap raise
Sparc Technologies (ASX:SPN) – cap raise
BluGlass (ASX:BLG) – cap raise
Kore Potash (ASX:KP2) – financing proposal
DY6 Metals (ASX:DY6) – clarification to an announcement
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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