On Stockhead today, the best ASX battery metals stocks of 2022, CBA is a iron ore and coking coal believer, and is the ASX immune to the global selloff?
But first, the day ahead.
TRADING HALTS
The following companies went into trading halts yesterday and are expected out in the next few days:
Australian Rare Earths (ASX:AR3) – trading halt pending an announcement in connection with a capital raising
Navarre Minerals (ASX:NML) – trading halt pending an announcement in connection with a capital raising
HSC Technology Group (ASX:HSC) – another one pending an announcement around a capital raising
Marquee Resources (ASX:MQR) – considering and finalising a proposed lithium development partnership at the West Spargoville project
Diatreme Resources (ASX:DRX) – response to the ASX price query
ResApp Health (ASX:RAP) – proposed acquisition by Pfizer Australia of 100% of shares in the company
Walkabout Resources (ASX:WKT) – drawdown of the CRDB project debt
MARKETS
Gold: $US1,837.20 (-1.03%)
Silver: $US21.55 (-1.85%)
Nickel (3mth): $US28,235/t (+3.98%)
Copper (3mth): $US9,534.50/t (+0.47%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, May 4): $US68,450/t (0.0% weekly)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, May 4): $US70,000/t (-0.1% weekly)
Oil (WTI): $US115.15 (-1.78%)
Oil (Brent): $US116.29 (-4.42%)
Iron 62pc Fe: $US133.51 (+0.52%)
AUD/USD: $US0.7182 (+0.07%)
Bitcoin: $US31,846 (+0.47%)
WHAT GOT YOU TALKING YESTERDAY?
Goldman Sachs metals strategist Nick Snowdon doubled down on his comments that copper is the new oil.
And Bitcoin is back on the paddock, running the ball up the guts and pretending everything’s just fine.
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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 | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| TD1 | Tali Digital Limited | 0.008 | 33% | 11,651,234 | $7,348,750 |
| OAU | Ora Gold Limited | 0.014 | 27% | 1,022,966 | $10,806,901 |
| STP | Step One Limited | 0.355 | 27% | 958,197 | $51,895,281 |
| BVR | Bellavistaresources | 0.32 | 25% | 1,630,545 | $9,306,865 |
| CFO | Cfoam Limited | 0.005 | 25% | 3,995,150 | $2,935,363 |
| CXU | Cauldron Energy Ltd | 0.016 | 23% | 961,753 | $6,960,347 |
| FAL | Falconmetalsltd | 0.335 | 22% | 1,225,522 | $48,675,000 |
| M24 | Mamba Exploration | 0.12 | 21% | 100,000 | $4,175,325 |
| BNR | Bulletin Res Ltd | 0.21 | 20% | 5,111,457 | $50,765,943 |
| MTM | Mtmongerresources | 0.21 | 20% | 1,455,404 | $6,345,506 |
| PIM | Pinnacleminerals | 0.18 | 20% | 18,298 | $3,656,250 |
| IG6 | Internationalgraphit | 0.35 | 19% | 1,018,668 | $24,038,992 |
| BXN | Bioxyne Ltd | 0.013 | 18% | 94,630 | $7,041,599 |
| OZZ | OZZ Resources | 0.135 | 17% | 3,200,519 | $3,841,704 |
| BRX | Belararoxlimited | 0.645 | 17% | 523,825 | $15,581,511 |
| AJQ | Armour Energy Ltd | 0.007 | 17% | 3,197,918 | $12,236,708 |
| DDD | 3D Resources Limited | 0.0035 | 17% | 6,929,050 | $12,545,616 |
| TMR | Tempus Resources Ltd | 0.081 | 16% | 7,000 | $9,370,369 |
| WML | Woomera Mining Ltd | 0.03 | 15% | 25,395,717 | $17,857,660 |
| BBX | BBX Minerals Ltd | 0.19 | 15% | 506,774 | $75,903,543 |
| FTZ | Fertoz Ltd | 0.23 | 15% | 446,058 | $45,731,407 |
| ODM | Odin Metals Limited | 0.023 | 15% | 904,885 | $9,326,887 |
| ARU | Arafura Resource Ltd | 0.48 | 14% | 21,615,395 | $652,735,579 |
| IAM | Income Asset | 0.2 | 14% | 47,202 | $48,338,644 |
| ECT | Env Clean Tech Ltd. | 0.024 | 14% | 6,296,916 | $36,041,285 |
As our Gregor reported yesterday at lunch, Belararox (ASX:BRX) jumped out of the blocks yesterday morning circa 25% on the back of an expansion of its resource and development area at the flagship Belara project.
The company says it’s identified 34 new exploration targets outside the Belara and Native Bee resource areas, including 11 new high priority targets with a combined strike of 8km, which is about eight times the length of currently known mineralisation.
And Tyranna Resources’ (ASX:TYX) lithium news out of Angola has kept investors on the boil again this morning, adding further gains to Monday’s impressive results.
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 | Market Cap |
|---|---|---|---|---|---|
| GPR | Geopacific Resources | 0.115 | -45% | 7,160,594 | $109,041,796 |
| AFW | Applyflow Limited | 0.0015 | -25% | 202,599 | $5,915,216 |
| RBR | RBR Group Ltd | 0.003 | -25% | 2,277,124 | $5,150,481 |
| DAF | Discovery Alaska Ltd | 0.075 | -21% | 1,230,140 | $21,207,296 |
| RCW | Rightcrowd | 0.077 | -19% | 151,415 | $24,831,602 |
| RAS | Ragusa Minerals Ltd | 0.155 | -18% | 9,549,466 | $23,874,988 |
| VOL | Victory Offices Ltd | 0.036 | -18% | 823,893 | $6,945,313 |
| GMN | Gold Mountain Ltd | 0.005 | -17% | 256,526 | $7,158,895 |
| MKL | Mighty Kingdom Ltd | 0.061 | -16% | 1,342,468 | $9,255,745 |
| MTC | Metalstech Ltd | 0.385 | -16% | 1,788,888 | $76,665,711 |
| HMY | Harmoney Corp Ltd | 0.925 | -16% | 48,474 | $111,120,860 |
| ILA | Island Pharma | 0.17 | -15% | 93,260 | $8,649,266 |
| CTO | Citigold Corp Ltd | 0.006 | -14% | 1,000,000 | $19,835,614 |
| MGG | Mogul Games Grp Ltd | 0.003 | -14% | 497,857 | $11,415,810 |
| MTH | Mithril Resources | 0.006 | -14% | 8,396,334 | $20,441,631 |
| TSC | Twenty Seven Co. Ltd | 0.003 | -14% | 375,000 | $9,312,849 |
| HCT | Holista CollTech Ltd | 0.025 | -14% | 64,284 | $7,985,124 |
| 1AG | Alterra Limited | 0.013 | -13% | 304,618 | $4,181,644 |
| ADN | Andromeda Metals Ltd | 0.1 | -13% | 12,819,406 | $356,987,036 |
| AJX | Alexium Int Group | 0.028 | -13% | 587,310 | $20,648,211 |
| OAR | OAR Resources Ltd | 0.007 | -13% | 17,818,884 | $17,236,518 |
| JXT | Jaxstaltd | 0.035 | -13% | 1,356,336 | $13,703,128 |
| BEZ | Besragoldinc | 0.079 | -12% | 176,974 | $15,466,496 |
| APS | Allup Silica Ltd | 0.15 | -12% | 30,999 | $6,298,857 |
| PLG | Pearlgullironlimited | 0.031 | -11% | 585,100 | $1,921,581 |