On Stockhead today, Why energy independence is such a wonderful thing, the commodities that won and lost in February, and it’s time to talk about the ‘s’ word — stagflation.
But first, the day ahead.
Local shares are set to open lower today. At 8am AEDT, the ASX 200 March futures is pointing down by 1.2%.
TRADING HALTS
The following companies are in Trading Halts and are expected out in the coming days.
Suvo Strategic Minerals (ASX:SUV) – capital raising
Brookside Energy (ASX:BRK) – acceleration of Flames Well drilling, funding facility
Metals Australia (ASX:MLS) – capital raising
Strike Energy (ASX:STX) – South Erregulla 1 well drilling results
Stanmore Resources (ASX:SMR) – capital raising
DRA Global (ASX-:DRA) – leadership changes
Ausgold (ASX:AUC) – capital raising
Celsius Resources (ASX:CLA) – capital raising
MARKETS
Gold: $US1,936.18 (+0.52%)
Silver: $US25.18 (-0.27%)
Oil (WTI): $US107.67 (-2.65%)
Oil (Brent): $US110.23 (-2.39%)
Aust Coking Coal (steelmaking): $471.0/t (+1.80%)
Newcastle Coal (thermal): $197/t (0.00%)
Iron 62pc Fe: $US151.11/t (+3.45%)
AUD/USD: $US0.7328(+0.5%)
Bitcoin: $US42,575 (-3.70%)
WHAT GOT YOU TALKING YESTERDAY?
Sitting and watching the world burn has never been so profitable for coal miners.
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Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
YESTERDAY’S BIGGEST SMALL CAP WINNERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| VMG | VDM Group Limited | 0.002 | 100.0% | 25,376 |
| MCM | Mc Mining Ltd | 0.115 | 38.6% | 64,849 |
| ZBT | Zebit Inc. | 0.055 | 37.5% | 91,735 |
| RNO | Rhinomed Ltd | 0.235 | 34.3% | 301,982 |
| ANL | Amani Gold Ltd | 0.002 | 33.3% | 2,317,742 |
| BDG | Black Dragon Gold | 0.08 | 31.1% | 2,224,162 |
| LSR | Lodestar Minerals | 0.013 | 30.0% | 106,795,572 |
| BRV | Big River Gold Ltd | 0.29 | 28.9% | 77,496 |
| FHE | Frontier Energy Ltd | 0.165 | 26.9% | 3,128,521 |
| NVU | Nanoveu Limited | 0.033 | 26.9% | 713,832 |
| ATR | Astron Corp Ltd | 0.86 | 25.5% | 198,373 |
| IKW | Ikwezi Mining Ltd | 0.75 | 25.0% | 1,000 |
| RBR | RBR Group Ltd | 0.005 | 25.0% | 1,479,079 |
| IGN | Ignite Ltd | 0.26 | 23.8% | 827,071 |
| GRX | Greenx Metals Ltd | 0.22 | 22.2% | 201,224 |
| BIR | BIR Financial Ltd | 0.03 | 20.0% | 501,696 |
| 1MC | Morella Corporation | 0.024 | 20.0% | 52,691,564 |
| MTB | Mount Burgess Mining | 0.006 | 20.0% | 5,781,152 |
| SIT | Site Group Int Ltd | 0.006 | 20.0% | 121,511 |
| IVT | Inventis Limited | 0.1 | 19.0% | 7,859 |
| PBH | Pointsbet Holdings | 4.35 | 18.2% | 5,367,854 |
| CAG | Caperangeltd | 0.26 | 18.2% | 20,000 |
| LDX | Lumos Diagnostics | 0.52 | 18.2% | 367,728 |
| N1H | N1 Holdings Ltd | 0.26 | 18.2% | 68,827 |
| QXR | Qx Resources Limited | 0.052 | 18.2% | 29,955,170 |
Industrious junior explorer Lodestar Minerals (ASX:LSR) is hoping to confirm the presence of a “compelling” 2km-long lithium soil anomaly at ‘Coolgardie West’ project in WA.
Frontier Energy (ASX:FHE) – formerly Superior Lake Resources — rejoined the ASX boards following a $8m capital raise, which will be used to fund a large-scale solar energy project south of Perth.
Hot Chili (ASX:HCH) announced a mega eight-year offtake deal with global commodities giant Glencore — which is also its largest shareholder — for future copper concentrate production from the company’s Costa Fuego copper-gold project in Chile.
And Spain based explorer Black Dragon Gold (ASX:BDG) has appointed a new CEO from the existing exec team, Gabriel Chiappini. Chiappini has experience raising cash for companies like Black Rock Mining (ASX:BKT), Invictus Energy (ASX:IVZ) and Ioneer (ASX:INR).
YESTERDAY’S BIGGEST SMALL CAP LOSERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| WOO | Wooboard Tech Ltd | 0.001 | -50.0% | 700,000 |
| KAM | K2 Asset Mgmt Hldgs | 0.06 | -25.9% | 160,002 |
| EVE | EVE Health Group Ltd | 0.002 | -20.0% | 61,134,890 |
| BSA | BSA Limited | 0.105 | -16.0% | 465,580 |
| SCT | Scout Security Ltd | 0.038 | -15.6% | 1,294,765 |
| DM1 | Desert Metals | 0.38 | -15.6% | 47,120 |
| IMB | Intelligent Monitor | 0.33 | -15.4% | 23,704 |
| RAB | Adrabbit Limited | 0.022 | -15.4% | 432,857 |
| IS3 | I Synergy Group Ltd | 0.24 | -14.3% | 150,619 |
| XST | Xstate Resources | 0.003 | -14.3% | 13,294,520 |
| ADS | Adslot Ltd | 0.019 | -13.6% | 5,737 |
| OVN | Oventus Medical Ltd | 0.043 | -13.1% | 835,556 |
| ASP | Aspermont Limited | 0.02 | -13.0% | 1,345,268 |
| IMR | Imricor Med Sys | 0.55 | -12.7% | 50,265 |
| CBY | Canterbury Resources | 0.07 | -12.5% | 6,493 |
| PG1 | Pearl Global Ltd | 0.021 | -12.5% | 1,314,200 |
| CLH | Collection House | 0.11 | -12.0% | 170,860 |
| HE8 | Helios Energy Ltd | 0.11 | -12.0% | 2,217,964 |
| BID | Bill Identity Ltd | 0.097 | -11.8% | 932,104 |
| PAK | Pacific American Hld | 0.015 | -11.8% | 498,472 |
| JNO | Juno | 0.093 | -11.4% | 7,883 |
| BEZ | Besragoldinc | 0.07 | -11.4% | 583,847 |
| HHI | Health House Int Ltd | 0.04 | -11.1% | 125,000 |
| ADX | ADX Energy Ltd | 0.008 | -11.1% | 3,831,818 |
| CLE | Cyclone Metals | 0.004 | -11.1% | 11,874,280 |