On Stockhead today, how to trade and profit from volatility, should we worry about low metals inventories, and four key investing principles for long-term success.

But first, the day ahead. And we’ll be waking up to some goodies:

  • EU’s European Central Bank interest rates decision
  • US GDP for Q3
  • US initial jobless claims
  • US real consumer spending

That lot could go anywhere.

 

TRADING HALTS

The following companies went into trading halts yesterday and are expected out in the next few days:

Cobre (ASX:CBE) – Cobre’s got some new results from its Ngami Copper Project in the Kalahari Copper Belt in Botswana.

Red River Resources (ASX:RVR) – Material update from Thalanga Operations and news of a review of company finances.

Brightstar Resources (ASX:BTR) – Capital raise via a placement to sophisticated investors.

Eureka Group Holdings (ASX: EGH) – Capital raise and a material acquisition.

Argent Minerals (ASX:ARD) – Capital raise and a material acquisition.

Ookami (ASX:OOK) – Capital raise and a project acquisition.

Albion Resources (ASX:ALB) – Capital raise.

Polymetals Resources (ASX:POL) – Capital raise.

Emyria (ASX:EMD) – Capital raise.

Botanix Pharmaceuticals (ASX:BOT) – Capital raise.

EQ Resources (ASX:EQR) – Capital raise.

Okapi Resources (ASX:OKR) – Capital raise.

 

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?

Something about web3, something about flying cars. We’re in:

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
KOB Koba Resources 0.26 136% 7,904,445 $7,150,000
VPR Volt Power Group 0.003 50% 5,026,272 $18,689,067
NWM Norwest Minerals 0.045 36% 2,539,555 $7,329,544
A1G African Gold Ltd 0.125 32% 860,957 $11,343,981
RNT Rent.com.au 0.04 29% 2,349,616 $13,661,452
WBT Weebit Nano Ltd 2.96 26% 1,332,525 $404,966,502
NRX Noronex Limited 0.031 24% 848,441 $4,261,495
ORN Orion Minerals Ltd 0.018 20% 451,165 $71,250,557
SRR Sarama Resources 0.12 20% 50,000 $3,901,062
NNG Nexion Group 0.078 20% 157,791 $5,256,615
SI6 SI6 Metals Limited 0.006 20% 196,834 $7,440,945
SHG Singular Health 0.125 19% 681,726 $6,855,352
BTH Bigtincan Holdings 0.63 19% 909,952 $292,745,582
MCL Mighty Craft Ltd 0.195 18% 542,657 $54,194,995
AMA AMA Group Limited 0.235 18% 6,867,063 $214,614,043
AMI Aurelia Metals Ltd 0.1175 18% 12,083,304 $123,743,722
RXL Rox Resources 0.205 17% 2,406,963 $29,564,666
WA1 Wa1Resourcesltd 0.82 17% 18,774,751 $20,324,505
RNX Renegade Exploration 0.007 17% 251,500 $5,350,103
TMX Terrain Minerals 0.007 17% 1,002,235 $4,564,566
BLU Blue Energy Limited 0.065 16% 4,594,024 $103,644,550
TKM Trek Metals Ltd 0.068 15% 2,350,814 $18,325,999
SMN Structural Monitor 0.435 14% 147,364 $50,988,258
MXC MGC Pharmaceuticals 0.016 14% 1,526,952 $39,909,062
OAU Ora Gold Limited 0.008 14% 40,000 $6,889,619
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Koba Resources (ASX:KOB), which announced that it’s staked a high-quality lithium-pegmatite project along strike from Canada’s fabulous Tanco Mine, where lithium reserves comprise 7.3Mt @ 2.76% Li2O1.

KOB’s Whitlock Project is also close to three other solid holes with lithium in them. KOB announced it had staked Whitlock shortly after 9:10am, it’s price went bananas-ballistic for 90 minutes, before trading was paused and eventually halted altogether by the company.

But in the short time, KOB climbed $0.15% to $0.26, 136.36% higher than it was at breakfast.

 

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
AJL AJ Lucas Group 0.038 -45% 63,054,434 $94,925,344
ANL Amani Gold Ltd 0.001 -33% 422,504 $35,540,162
PGD Peregrine Gold 0.415 -30% 568,162 $23,039,326
ROO Roots Sustainable 0.0025 -29% 40,518,800 $2,623,714
AFW Applyflow Limited 0.0015 -25% 82,740 $5,915,216
MGG Mogul Games Grp Ltd 0.0015 -25% 1,011,496 $6,526,882
BIT Biotron Limited 0.036 -20% 8,839,209 $31,586,972
ADR Adherium Ltd 0.004 -20% 4,362,110 $12,809,249
DUN Dundas Minerals 0.43 -19% 1,091,511 $21,106,985
MAY Melbana Energy Ltd 0.063 -18% 53,996,967 $259,505,716
SIX Sprintex Ltd 0.025 -17% 235,410 $7,630,630
AMD Arrow Minerals 0.005 -17% 241,996 $12,202,591
BPP Babylon Pump & Power 0.005 -17% 355,387 $14,746,628
CAV Carnavale Resources 0.005 -17% 19,986,681 $16,401,310
JTL Jayex Technology Ltd 0.005 -17% 1,000 $1,495,371
OLL Open Learning 0.031 -16% 250,624 $8,884,409
MEM Memphasys Ltd 0.016 -16% 5,692,085 $18,243,785
TTM Titan Minerals 0.064 -16% 742,153 $107,256,762
MCM Mc Mining Ltd 0.19 -16% 440,720 $44,472,346
ICN Icon Energy Limited 0.011 -15% 2,986,472 $9,984,178
GBE Globe Metals & Mining 0.082 -15% 31,240 $46,302,724
SMX Security Matters 0.15 -14% 5,450 $29,384,518
AOA Ausmon Resorces 0.006 -14% 60,500 $6,001,025
DCX Discovex Res Ltd 0.003 -14% 260,320 $11,558,988
GTG Genetic Technologies 0.003 -14% 1,000,000 $32,318,878
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