Pic: Fox Photos/Getty Images
Rise and Shine: Everything you need to know before the market opens
News
share
On Stockhead today, how crypto calls to the ‘degen’ gambler in us all, China’s lockdowns hit iron ore, and the doctor with an inflation hedge pill.
But first, the day ahead.
WHO’S SCHEDULED TO LIST?
IPO: $8m at $0.20
The company was incorporated to demerge New World Resources’ portfolio of cobalt assets into a new standalone ASX-listed entity.
The assets include the Blackpine cobalt-copper, Colson cobalt-copper and Panther cobalt-copper projects, which are all located in the Idaho cobalt Belt in the USA – one of the Western world’s premier cobalt districts.
TRADING HALTS
The following companies are in trading halts and are expected out in the coming days:
New Talisman Gold Mines (ASX:NTL) — Strategic plan/funding intentions
Torque Metals (ASX:TOR) — Capital raising
Actinogen Medical (ASX:ACW) — Clinical trials results
Petratherm (ASX:PTR) – Capital raising
Jade Gas Holdings (ASX:JGH) – Material announcement
Alice Queen (ASX:AQX) – Capital raising
Environmental Clean Technologies (ASX:ECT) – Joint venture agreement / Capital raising
Lithium Energy (ASX:LEL) – Market announcement regarding Solaroz Lithium Brine Project in Argentina
Revolver Resources (ASX:RRR) – Exploration results from the Dianne Project
Carbine Resources (ASX:CRB) – Acquisition
MARKETS (updated at 8am AEDT)
Gold: $US1,897.80 (+0.02%)
Silver: $US23.62 (+0.08%)
Nickel (3mth): $US32,607/t (-1.40%)
Copper (3mth): $US9,783/t (-4.53%)
Oil (WTI): $US98.3 (-0.07%)
Oil (Brent): $US102.2 (-0.04%)
Aust Coking Coal (steelmaking): $406.7/t (-1.08%)
Newcastle Coal (thermal): $264/t (+2.0%)
Iron 62pc Fe: $US152.47(-1.08%)
AUD/USD: $US0.71815 (-0.86%)
WHAT GOT YOU TALKING YESTERDAY?
Kincora’s latest assays from the Trundle Park prospect got you talkin’, confirming the ASX-copper play has made quite the discovery along the Southern Extension Zone within its flagship project.
Adding to the excitement is news that more assays are on the way in NSW’s Junee-Narromine volcanic belt of the Macquarie Arc porphyry system.
The latest assays from Kincora Copper’s Trundle Park prospect have provided extra confirmation that the company has hit a significant discovery along the Southern Extension Zone (SEZ) at the Trundle project.https://t.co/snHu0uZrrq #ad #ASX $KCC
— Stockhead (@StockheadAU) April 25, 2022
And another bargain barrel of seven lithium stocks under a $300mn market cap for your reading pleasure.
Stockhead’s @reubenadams6 has pulled out 7 potential near-term #ASX #lithium miners (scoping level or better) under a $300m market cap, which, for various reasons, have yet to run hard.$LPI $JRL $LPD $EMH $ASN $EUR $INF
https://t.co/r2u34S7Sqt— Stockhead (@StockheadAU) April 25, 2022
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 | Description | Price | % | Volume |
|---|---|---|---|---|
| LPM | Lithium Plus | 0.695 | 178.0% | 7,954,554 |
| ANW | Aus Tin Mining | 0.0015 | 50.0% | 20,406,796 |
| QUE | Queste Communication | 0.07 | 27.3% | 14,450 |
| CCE | Carnegie Cln Energy | 0.0025 | 25.0% | 619,838 |
| CLE | Cyclone Metals | 0.005 | 25.0% | 11,015,865 |
| RDN | Raiden Resources Ltd | 0.016 | 23.1% | 4,675,409 |
| PPH | Pushpay Holdings Ltd | 1.175 | 22.4% | 2,903,415 |
| S3N | Sensore Ltd | 0.92 | 21.1% | 109,566 |
| WMG | Western Mines | 0.345 | 21.1% | 1,071,750 |
| VTG | Vita Group Ltd | 0.39 | 20.0% | 4,400,947 |
| BMG | BMG Resources Ltd | 0.043 | 19.4% | 33,257,272 |
| ALY | Alchemy Resource Ltd | 0.032 | 18.5% | 78,678,150 |
| CRS | Caprice Resources | 0.13 | 18.2% | 44,713 |
| HCD | Hydrocarbon Dynamic | 0.013 | 18.2% | 7,773,914 |
| CAG | Caperangeltd | 0.245 | 16.7% | 65,000 |
| CAQ | CAQ Holdings Ltd | 0.014 | 16.7% | 210,175 |
| CT1 | Constellation Tech | 0.007 | 16.7% | 392,770 |
| DDD | 3D Resources Limited | 0.0035 | 16.7% | 27,449,155 |
| FEG | Far East Gold | 0.385 | 16.7% | 1,434,823 |
| VR8 | Vanadium Resources | 0.1725 | 15.0% | 11,423,118 |
| ART | Airtasker Limited | 0.55 | 14.6% | 1,383,981 |
| ADX | ADX Energy Ltd | 0.008 | 14.3% | 4,162,052 |
| DAL | Dalaroometalsltd | 0.16 | 14.3% | 46,564 |
| LNU | Linius Tech Limited | 0.012 | 14.3% | 15,578,203 |
“It’s now well and truly game on at Abercromby,” according to managing director Bruce McCracken, at BMG Resources (ASX:BMG).
The WA explorer just hit thick, high-grade gold at ‘Capital’ — part of the ‘Abercromby’ project — including a highlight 31m at 6.18g/t gold.
Vanadium Resources (ASX:VR8) joins a growing list of ASX-listed vanadium companies that have been dual-listed on the Frankfurt Stock Exchange (DAX), such as Neometals (ASX:NMT), Australian Vanadium (ASX:AVL) and TNG (ASX:TNG).
The listing will broaden VR8’s exposure to European investor cash as it develops the Steelpoortdrift vanadium project in Limpopo, South Africa. The $80m market cap stock is up 150% year-to-date. It had $4.8m in the bank at the end of December.
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.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| E33 | East 33 Ltd | 0.044 | -45.0% | 6,194,893 |
| EML | EML Payments Ltd | 1.68 | -38.0% | 29,367,310 |
| ANL | Amani Gold Ltd | 0.0015 | -25.0% | 958,819 |
| BAS | Bass Oil Ltd | 0.0015 | -25.0% | 2,000,000 |
| EVE | EVE Health Group Ltd | 0.0015 | -25.0% | 1,190,510 |
| JAV | Javelin Minerals Ltd | 0.0015 | -25.0% | 600,498 |
| INV | Investsmart Group | 0.28 | -20.0% | 80,667 |
| W2V | Way2Vatltd | 0.062 | -18.4% | 15,143,838 |
| HHI | Health House Int Ltd | 0.028 | -17.6% | 101,834 |
| TTT | Titomic Limited | 0.19 | -17.4% | 1,089,526 |
| LNY | Laneway Res Ltd | 0.005 | -16.7% | 8,140,001 |
| PNX | PNX Metals Limited | 0.005 | -16.7% | 1,070,000 |
| GBR | Greatbould Resources | 0.105 | -16.0% | 6,820,805 |
| OEQ | Orion Equities | 0.21 | -16.0% | 6,000 |
| AAJ | Aruma Resources Ltd | 0.097 | -15.7% | 5,120,193 |
| MCM | Mc Mining Ltd | 0.135 | -15.6% | 148,009 |
| ODM | Odin Metals Limited | 0.0205 | -14.6% | 1,632,565 |
| LRL | Labyrinth Resources | 0.042 | -14.3% | 6,605,258 |
| AO1 | Assetowl Limited | 0.003 | -14.3% | 725,000 |
| MTC | Metalstech Ltd | 0.255 | -13.6% | 710,675 |
| VIP | VIP Gloves | 0.016 | -13.5% | 442,855 |
| WMC | Wiluna Mining Corp | 0.78 | -13.3% | 1,038,212 |
| AUH | Austchina Holdings | 0.013 | -13.3% | 23,522,144 |
| IPT | Impact Minerals | 0.013 | -13.3% | 16,810,508 |
| RLG | Roolife Group Ltd | 0.013 | -13.3% | 848,833 |
