Rise and Shine: Everything you need to know before the market opens
News
On Stockhead today, why China’s bailout probably won’t work, 3 tasty stocks the tech recovery forgot, and Guy Le Page is going to be OK.
But first the day ahead.
IPO: $8m at $0.20
The copper explorer has tenements in the prospective North West minerals province of QLD – adjacent to the world-class Mt Isa mines.
The company is embarking on an aggressive drill program with target testing underway.
First Au(ASX:FAU) – capital raising
Aurumin (ASX:AUN) – capital raising
Victory Goldfields (ASX:1VG) – regarding exploration results.
Reward Minerals (ASX:RWD) – material acquisition
Alderan Resources (ASX:AL8) – capital raising
Almonty Industries (ASX:ALL) – regarding a mineral resource
Quantum Graphite (ASX:QGL) – capital raising, again
First Au (ASX:FAU) – see above.
Pendal Group (ASX:PDL) – see above too.
Gold: $US1,711.37 (+0.14%)
Silver: $US18.77 (+0.51%)
Nickel (3mth): $US20,600/t (-0.25%)
Copper (3mth): $US7,298/t (-1.73%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, June 30): $US69,750/t (0.0% weekly)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 30): $US70,875/t (0.0% weekly)
Oil (WTI): $US103.44 (+0.83%)
Oil (Brent): $US106.85 (+0.55%)
Iron 62pc Fe (Singapore futures): $US104.76 (-1.81%)
AUD/USD: 0.6899 (+0.30%)
Bitcoin: $US23,666 (+8.90%)
Ur-ur-uranium.
Paladin Energy $PDN has given the green light for the restart of the Langer Heinrich uranium mine in Namibia as yellowcake comes back in from the cold: https://t.co/tc9yzLAxQk#ASX200 #groundbreakers pic.twitter.com/OA1EF2b7j9
— Stockhead (@StockheadAU) July 19, 2022
Here are the best performing ASX small cap stocks for July 18
Swipe or scroll to reveal full table. Click headings to sort.
Code | Company | Price | % | Volume |
---|---|---|---|---|
TON | Triton Min Ltd | 0.027 | 54% | 7,704,247 |
LNU | Linius Tech Limited | 0.007 | 40% | 5,360,000 |
HAL | Halo Technologies | 0.6 | 40% | 53,819 |
NUH | Nuheara Limited | 0.255 | 38% | 706,153 |
RR1 | Reach Resources Ltd | 0.004 | 33% | 4,437,402 |
ADV | Ardiden Ltd | 0.0085 | 31% | 31,021,269 |
AUH | Austchina Holdings | 0.007 | 27% | 18,310,599 |
MOH | Moho Resources | 0.03 | 25% | 320,992 |
MCL | Mighty Craft Ltd | 0.2 | 25% | 628,055 |
GCR | Golden Cross | 0.01 | 25% | 116,916 |
PRM | Prominence Energy | 0.0025 | 25% | 112 |
SIH | Sihayo Gold Limited | 0.0025 | 25% | 460,490 |
KNI | Kunikolimited | 0.86 | 24% | 544,186 |
MP1 | Megaport Limited | 8 | 24% | 5,432,392 |
1VG | Victory Goldfields | 0.16 | 23% | 4,863,700 |
TYM | Tymlez Group | 0.027 | 23% | 4,438,116 |
S66 | Star Combo | 0.19 | 23% | 3,540 |
SLM | Solismineralsltd | 0.085 | 21% | 59,527 |
NME | Nex Metals Explorat | 0.03 | 20% | 150,860 |
SDV | Scidev Ltd | 0.21 | 20% | 151,762 |
X2M | X2M Connect Limited | 0.12 | 20% | 129,574 |
GMN | Gold Mountain Ltd | 0.006 | 20% | 1,563,823 |
OAR | OAR Resources Ltd | 0.006 | 20% | 4,324,572 |
SEG | Sports Ent Grp Ltd | 0.285 | 19% | 26,450 |
ADS | Adslot Ltd. | 0.013 | 18% | 5,495,864 |
X2M Connect (ASX:X2M) says orders across the X2M group are already bringing in revenue for the first half now exceeding $9.6 million.
A lovely new South Korean contracts provide water monitoring and control to 9,754 households with installation to be completed within six months, while four other new contracts have cracked X2M’s maiden half century of customers.
X2M’s technology connects devices such as water, gas and electricity meters and other utility sensors to the internet, enabling data exchange and the remote control of these devices. X2M generates its revenue selling hardware and monthly subscription fees under a sassy Software as a Service thingy.
Shares in medical business Mesoblast rose nearly 12 per cent to 96c just before noon AEST following positive results from a US clinical study related to its cell therapy product rexlemestrocel-L (Revascor), which may lead to its broader application for heart failure patients.
Here are the worst performing ASX small cap stocks for July 18
Swipe or scroll to reveal full table. Click headings to sort.
Security | Description | Last | % | Volume |
---|---|---|---|---|
AHQ | Allegiance Coal Ltd | 0.18 | -68% | 31564472 |
ADY | Admiralty Resources. | 0.008 | -33% | 4157617 |
TOR | Torque Met | 0.15 | -32% | 3000 |
GCR | Golden Cross | 0.008 | -27% | 431166 |
ENX | Enegex Limited | 0.027 | -27% | 1408973 |
CAV | Carnavale Resources | 0.006 | -25% | 6653255 |
CLE | Cyclone Metals | 0.003 | -25% | 183333 |
SP3 | Specturltd | 0.039 | -24% | 2274082 |
ZLD | Zelira Therapeutics | 2.55 | -22% | 126573 |
1ST | 1St Group Ltd | 0.007 | -22% | 131493 |
ASR | Asra Minerals Ltd | 0.023 | -21% | 8115094 |
AGH | Althea Group | 0.135 | -21% | 2469270 |
MZZ | Matador Mining Ltd | 0.12 | -17% | 380584 |
HMG | Hamelingoldlimited | 0.1 | -17% | 1231 |
LNU | Linius Tech Limited | 0.005 | -17% | 1409012 |
CWX | Carawine Resources | 0.092 | -16% | 22540 |
JXT | Jaxstaltd | 0.026 | -16% | 84293 |
SRH | Saferoads Holdings | 0.13 | -16% | 66 |
SKN | Skin Elements Ltd | 0.027 | -16% | 733035 |
CBE | Cobre | 0.034 | -15% | 118643 |
GSN | Great Southern | 0.034 | -15% | 684506 |
BTN | Butn Limited | 0.15 | -14% | 18500 |
LSR | Lodestar Minerals | 0.006 | -14% | 997502 |
NOR | Norwood Systems Ltd. | 0.012 | -14% | 500000 |
POW | Protean Energy Ltd | 0.006 | -14% | 657759 |
Having a rough run is coal miner Allegiance (ASX:AHQ), which issued a pair of reports yesterday morning that sent the share price into a deep, black funk, down a horrifying two-thirds by lunch.