On Stockhead today, the Aussie automotive market is cutting sick in the ‘Rana, the coal that could defy carbon-haters, and Tim Boreham’s bargain ecommerce buys.
But first, the day ahead.
TRADING HALTS
The following companies are in trading halts and are expected out in the coming days:
Broo (ASX:BEE) – company restructure
Galileo Mining (ASX:GAL ) – results from recent drilling at the company’s Norseman Project
Aguia Resources Limited (ASX:AGR) – Developments regarding public civic action against the company’s phosphate project
Dart Mining (ASX:DTM) – Placement
Amaero International (ASX:3DA) – Capital raising
MARKETS (updated at 8am AEDT)
Gold: $US1,839.23 (-0.79%)
Silver: $US21.34 (-2.07%)
Nickel (3mth): $US28,076/t (-6.32%)
Copper (3mth): $US9,237.50/t (-1.88%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, May 4): $US72,650/t (0.0% weekly)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, May 4): $US73,275/t (0.0% weekly)
Oil (WTI): $US99.39 (-3.59%)
Oil (Brent): $US102.01 (-3.79%)
Iron 62pc Fe: $US131.90 (-1.06%)
AUD/USD: $US0.6937 (-0.06%)
Bitcoin: $US30,500 (+1.27%)
WHAT GOT YOU TALKING YESTERDAY?
Great Boulder’s identification of several large chargeable zones, interpreted to be disseminated sulphide bodies beneath the central 3km strike at Mulga Bill, turned a few heads yesterday.
Notably, the zones correlate very closely with the gravity anomaly that was spotted by the company last year.
And our latest podcast with Carnavale Resources (ASX:CAV) got readers lookin’.
In this episode Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald sits down with Humphrey Hale, CEO at CAV to discuss latest exploration activities being carried out at Kambalda-style nickel sulphide drill targets at its Grey Dam project and Kookynie project, both in WA.
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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 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 | Last | % | Volume |
|---|---|---|---|---|
| IPTRA | Impact Minerals - Rights 13-May-22 | 0.002 | 100% | 5,007,137 |
| ARE | Argonaut Resources | 0.004 | 33% | 1,429,057 |
| AYA | Artryalimited | 0.865 | 24% | 191,578 |
| CBR | Carbon Revolution | 0.555 | 23% | 497,279 |
| DTZ | Dotz Nano Ltd | 0.35 | 21% | 939,940 |
| G6M | Group 6 Metals Ltd | 0.21 | 20% | 6,268,661 |
| REC | Rechargemetals | 0.33 | 20% | 783,403 |
| CLE | Cyclone Metals | 0.006 | 20% | 5,807,683 |
| TMK | TMK Energy Limited | 0.012 | 20% | 9,004,811 |
| MMA | Maronanmetalslimited | 0.335 | 20% | 439,148 |
| BMT | Beamtree Holdings | 0.3 | 18% | 368,944 |
| DAF | Discovery Alaska Ltd | 0.041 | 17% | 103,000 |
| AR9 | Archtis Limited | 0.145 | 16% | 1,565,572 |
| HIQ | Hitiq Limited | 0.088 | 16% | 30,658 |
| PNV | Polynovo Limited | 1.065 | 15% | 5,212,847 |
| LRS | Latin Resources Ltd | 0.12 | 14% | 38,879,879 |
| MKL | Mighty Kingdom Ltd | 0.08 | 14% | 141,154 |
| IAM | Income Asset | 0.165 | 14% | 85,150 |
| HXL | Hexima | 0.335 | 14% | 182,666 |
| BGT | Bio-Gene Technology | 0.21 | 14% | 133,488 |
| COB | Cobalt Blue Ltd | 0.81 | 13% | 4,402,908 |
| BRX | Belararoxlimited | 0.78 | 13% | 184,724 |
| MMG | Monger Gold Ltd | 0.35 | 13% | 346,840 |
| GLV | Global Oil & Gas | 0.027 | 13% | 28,771,008 |
| PNM | Pacific Nickel Mines | 0.09 | 13% | 1,000,500 |
Carbon Revolution (ASX:CBR) nabbed a $12m Commonwealth Modern Manufacturing Initiative Grant for its Mega-line project – which is expected to increase the carbon fibre wheel manufacturer’s capacity to supply its carbon fibre wheels to the rapidly growing global EV market by 75,000 wheels to a total of 155,000 wheels per annum.
“We are proud to be generating opportunities for our skilled workforce in Geelong and working with local partners on delivering our Mega-line,” CEO Jake Dingle said.
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 |
|---|---|---|---|---|
| EN1DA | Engage:Bdr Limited | 0.01 | -60% | 456,030 |
| NME | Nex Metals Explorat | 0.025 | -34% | 39,084 |
| YPB | YPB Group Ltd | 0.001 | -33% | 6,668,960 |
| CCE | Carnegie Cln Energy | 0.0015 | -25% | 1,280,325 |
| IVO | Invigor Group Ltd | 0.03 | -25% | 389,000 |
| OLH | Oldfields Holdings | 0.05 | -23% | 90,000 |
| POL | Polymetals Resources | 0.105 | -22% | 14,060 |
| SCT | Scout Security Ltd | 0.031 | -21% | 980,000 |
| 99L | 99 Loyalty Ltd. | 0.033 | -20% | 211,219 |
| MBX | Myfoodieboxlimited | 0.145 | -19% | 10,000 |
| BTR | Brightstar Resources | 0.021 | -19% | 4,598,475 |
| IEC | Intra Energy Corp | 0.013 | -19% | 1,418,203 |
| AMM | Armada Metals | 0.11 | -19% | 120,216 |
| WGR | Westerngoldresources | 0.11 | -19% | 54,500 |
| NET | Netlinkz Limited | 0.051 | -18% | 29,578,936 |
| MTR | Metal Tiger | 0.33 | -18% | 1,000 |
| FGR | First Graphene Ltd | 0.1075 | -17% | 2,154,847 |
| NYM | Narryermetalslimited | 0.15 | -17% | 140,000 |
| SBW | Shekel Brainweigh | 0.125 | -17% | 77,612 |
| AXP | AXP Energy Ltd | 0.005 | -17% | 597,673 |
| GGX | Gas2Grid Limited | 0.0025 | -17% | 3,947,500 |
| JLG | Johns Lyng Group | 6.85 | -17% | 2,404,100 |
| 3MF | 3D Metalforge | 0.021 | -16% | 470,903 |
| RAB | Adrabbit Limited | 0.032 | -16% | 141,499 |
| XRG | Xreality Group Ltd | 0.039 | -15% | 1,041,323 |