On Stockhead today, Guy Le Page finds a likely uranium IPO, China shakes iron ore futures again, and Rick Rule on the Russian problem.

But first, the day ahead.

 

TRADING HALTS

The following companies are in trading halts and are expected out in the coming days:

Aruma Resources (ASX:AAJ) – ASX price query

MinRex Resources (ASX:MRR) – capital raising

Petratherm Ltd (ASX:PTR) – announcement regarding drilling results

Auroch Minerals (ASX:AOU) – proposed acquisition

Adveritas (ASX:AV1) – capital raising

Krakatoa Resources (ASX:KKA) – capital raising

SSH Group (ASX:SSH) – material acquisition

AuKing Mining (ASX:AKN) – capital raising

 

MARKETS (updated at 8am AEDT)

Gold: $US1,979.40(-0.35%)

Silver: $US26.09 (-0.56%)

Nickel (3mth): $US33,144/t (0.00%)

Copper (3mth): $US10,315/t (+0.16%)

Oil (WTI): $US107.80 (-0.38%)

Oil (Brent): $US112.91 (-0.22%)

Aust Coking Coal (steelmaking): $406.7/t (-9.6%)

Newcastle Coal (thermal): $264/t (+2.0%)

Iron 62pc Fe: $US150.50 (+0.00%)

AUD/USD: $US0.735 (-0.06%)

Bitcoin: $US40788 (+1.25%)

 

WHAT GOT YOU TALKING YESTERDAY?

Carrawine Resources’ latest hits at the Big Freeze prospect within its wider Topicana North Project got you talking.

And our daily Resources Top 5 column, featuring juicy details on the biggest small cap winners in early trade yesterday morn.

 

 

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.

In small caps, there was a large percentage move in AdRabbit (ASX:RAB), the B2B tech company previously known as AppsVillage.

The company raised $5m at 20c for its IPO in 2019, but the stock closed before Easter at 1.3c.

Among companies with news, NiCo Resources (ASX:NC1) was a big mover in afternoon trade.

At yesterday’s close above $1.60, NC1 is closing in on 10x gains since it raised $12m in January at 30c.

Elsewhere among small cap winners, Aruma Resources (ASX:AAJ) continued its strong year, ripping higher before going into a trading halt pending its response to an ASX price query.

AAJ has found strong momentum since a gold strike at its Salmon Gums project in WA, and the stock has more than doubled so far in 2022.

 

YESTERDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.