On Stockhead today, Guy and Greta get in together on uranium, what’s Sprott holding on the ASX right now, and the 2022 Chalmers Budget small cap winners…maybe.
But first, the day ahead.
The Aussie Bureau of Stats (ABS) issues data on import/export prices for the September quarter, as well as detailed labour force data. The RBA also issues its Annual Report.
In China, data on industrial profits is scheduled for release.
TRADING HALTS
The following companies went into trading halts yesterday and are expected out in the next few days:
Venus Metals (ASX:VMC) – capital raising
Strickland Metals (ASX:STK) – placement of SPP shortfall
Ballymore Resources (ASX:BMR) – capital raising
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1,670.67 (+1.15%)
Silver: $US19.62 (+1.45%)
Nickel (3mth): $US22,322/t (+0.33%)
Copper (3mth): $US7,523/t (-0.44%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, OCT 19): $US72,875/t (+111.6% year-to-date)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, OCT 19): $US71,900/t (+151.9% year-to-date)
Oil (WTI): $US85.45 (+0.14%)
Oil (Brent): $US93.71 (+0.25%)
Iron 62pc Fe: $US94.00 (-1.57%)
AUD/USD: 0.64758 (+1.47%)
Bitcoin: $US20,684.50 (+2.46%)
WHAT GOT YOU TALKING YESTERDAY?
Yesterday, the share price of junior explorer WA1 Resources (ASX:WA1) jumped a barely believable 420%.
We haven’t seen a one day leap like that since the heady ‘stay at home and gamble on the market because COVID’ days of 2020.
Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.
For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.
Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
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 | COMPANY | PRICE | % TODAY | VOLUME | MARKET CAP |
|---|---|---|---|---|---|
| WA1 | Wa1 Resources | 0.66 | 389% | 18,515,278 | $3,919,726 |
| JXT | Jaxsta | 0.036 | 64% | 4,799,248 | $7,536,720 |
| ERG | Eneco Refresh Ltd | 0.023 | 44% | 250,000 | $4,357,734 |
| ELO | Elmo Software | 4.64 | 41% | 2,831,521 | $328,716,254 |
| MBK | Metal Bank Ltd | 0.004 | 33% | 403,737 | $7,845,743 |
| X2M | X2M Connect Limited | 0.1 | 25% | 272,811 | $11,269,902 |
| FAU | First Au Ltd | 0.005 | 25% | 484,160 | $3,725,644 |
| SIH | Sihayo Gold Limited | 0.0025 | 25% | 923,926 | $12,204,256 |
| YPB | YPB Group Ltd | 0.005 | 25% | 201,991 | $1,626,185 |
| WRK | WRKR Ltd | 0.022 | 22% | 1,480,973 | $22,021,991 |
| FNX | Finexia Financial | 0.073 | 22% | 6,610 | $9,726,426 |
| BPP | Babylon Pump & Power | 0.006 | 20% | 83,298 | $12,288,857 |
| BRB | Breaker Res NL | 0.275 | 20% | 3,418,963 | $74,943,414 |
| Z2U | Zoom2U Technologies | 0.125 | 19% | 155,432 | $13,811,351 |
| RCR | Rincon | 0.115 | 19% | 536,066 | $5,345,935 |
| ALY | Alchemy Resource Ltd | 0.034 | 17% | 43,905,919 | $34,019,211 |
| M3M | M3 Mining | 0.14 | 17% | 58,495 | $4,187,853 |
| CZR | CZR Resources Ltd | 0.014 | 17% | 1,870,400 | $41,835,879 |
| GTG | Genetic Technologies | 0.0035 | 17% | 100,000 | $27,701,895 |
| ROO | Roots Sustainable | 0.0035 | 17% | 1,250,000 | $2,248,898 |
| VAL | Valor Resources Ltd | 0.007 | 17% | 9,890,987 | $22,356,209 |
| MZZ | Matador Mining Ltd | 0.11 | 16% | 1,152,528 | $26,811,371 |
| ASM | Australian Strategic Materials | 2.38 | 15% | 1,114,134 | $295,919,048 |
| ODE | Odessa Minerals Ltd | 0.0195 | 15% | 5,398,543 | $9,131,569 |
| A1G | African Gold Ltd. | 0.095 | 14% | 202,541 | $9,911,057 |
WA1 Resources (ASX:WA1) says it has discovered a niobium-rare earths mineralised system in maiden drilling at the West Arunta project.
Paul Wiltshire, CEO of Songtradr has now become a substantial shareholder in Jaxsta (ASX:JXT), the world’s largest dedicated database of official music credits.
K1 Investment Management is offering to buy ELMO Software (ASX:ELO) for $4.85 cash per share – a 100.4% premium to the last trading price of ELMO shares on 12 October 2022.
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 | COMPANY | PRICE | % TODAY | Volume | MktCap |
|---|---|---|---|---|---|
| MEB | Medibio Limited | 0.001 | -33% | 10,875 | $4,980,891 |
| W2V | Way2Vat | 0.026 | -28% | 177,375 | $6,402,391 |
| GGX | Gas2Grid Limited | 0.0015 | -25% | 800,001 | $8,116,204 |
| NZS | New Zealand Coastal | 0.003 | -25% | 24,566 | $4,508,020 |
| SPA | Spacetalk Ltd | 0.037 | -24% | 2,751,950 | $10,670,032 |
| IKW | Ikwezi Mining Ltd | 0.45 | -24% | 135,256 | $24,186,735 |
| C29 | C29 Metals | 0.22 | -24% | 7,049,071 | $8,990,182 |
| WSP | Whispir Limited | 0.605 | -22% | 2,428,789 | $92,143,758 |
| AVM | Advance Metals Ltd | 0.012 | -20% | 2,978,100 | $7,168,161 |
| CDA | Codan Limited | 3.93 | -19% | 6,283,753 | $884,100,299 |
| TGH | Terragen | 0.105 | -19% | 12,215 | $25,222,501 |
| OXX | Octanex Ltd | 0.009 | -18% | 47,272 | $2,848,755 |
| MPL | Medibank Private Ltd | 2.89 | -18% | 74,598,268 | $9,652,781,356 |
| SKN | Skin Elements Ltd | 0.029 | -17% | 716,909 | $15,162,954 |
| RAS | Ragusa Minerals Ltd | 0.25 | -17% | 8,901,955 | $39,303,788 |
| AUK | Aumake Limited | 0.005 | -17% | 4,055,538 | $4,628,682 |
| BEX | Bikeexchange Ltd | 0.016 | -16% | 5,888 | $9,591,587 |
| CZL | Cons Zinc Ltd | 0.022 | -15% | 26,258,228 | $12,035,958 |
| CFO | Cfoam Limited | 0.003 | -14% | 1,192,727 | $2,568,442 |
| IBG | Ironbark Zinc Ltd | 0.012 | -14% | 5,342,694 | $18,299,434 |
| PUA | Peak Minerals Ltd | 0.006 | -14% | 1,400,845 | $7,289,595 |
| CUL | Cullen Resources | 0.013 | -13% | 205,000 | $6,102,883 |
| NTD | National Tyre & Wheel | 0.6 | -13% | 252,889 | $91,943,926 |
| OAU | Ora Gold Limited | 0.007 | -13% | 2,503,400 | $7,873,850 |
| BCT | Bluechiip Limited | 0.033 | -13% | 21,822 | $22,745,424 |