Rise and Shine: Everything you need to know before the market opens
News
On Stockhead today, sexy time is coming for nickel and graphite, 5 iron ore plays that won 2022, and heady profits for terrible beer.
But first, the day ahead.
Suvo Strategic Minerals (ASX:SUV) – cap raise.
Forbidden Foods (ASX:FFF) – cap raise.
Bellevue Gold (ASX:BGL) – cap raise.
CardieX (ASX:CDX) – CDX has an announcement about the finalisation of a material contract in relation to its clinical trial revenue on the way. How excitement!
Earlypay (ASX:EPY) – Earlypay has news of potential customer development. We’ll keep you posted.
4DS Memory (ASX:4DS) – Request for time to respond to an ASX price query.
Bellavista Resources (ASX:BVR) – Pushed into a trade suspension late in the day, with no reason supplied at the time of writing.
Gold: $US1,768 (-0.01%)
Silver: $US22.29 (+0.20%)
Nickel (3mth): $US28,750/t (+4.56%)
Copper (3mth): $US8,023.50/t (+0.23%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, NOV 16): $US80,150/t (+0.1% weekly, +127.6% year-to-date)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, NOV 16): $US79,525/t (+0.1% weekly, +171.4% year-to-date)
Oil (WTI): $US77.37 (+0.57%)
Oil (Brent): $US83.40 (+0.88%)
Iron 62pc Fe: $US107.68 (+0.22%)
AUD/USD: 0.67155 (+0.22%)
Bitcoin: $US17,001 (+0.18%)
Graphite might be close to having its ‘lithium’ moment.
• @Sarytogan hits ‘breakthrough’ 99.87% graphite purity in test work
• @Ragusa_Minerals hits high grade kaolin and rare earths at Burracoppin
• Tolga Kumova backed @AstonMinerals now up 50% over the past month #ASX $SGA $RAS $ASO $DAL $KGL
https://t.co/W7xql6VVNx— Stockhead (@StockheadAU) December 6, 2022
And in this episode of On the Bid – featuring a roundtable of experts discussing a new investment topic each week – Bell Direct’s Grady Wulff discusses how close we are to the bottom and the energy sector following the 2022 energy crisis.
In this edition of #OnTheBid @Oriel_Morrison discusses the current state of Australian markets with @GradyWulff market analyst at @belldirecthttps://t.co/XegyFb38D8
— Stockhead (@StockheadAU) December 5, 2022
Keep up to date with Stockhead coverage or you could miss GOLD like that every day. Follow our Twitter page.
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 preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
Here are the best performing ASX small cap stocks
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
WBE | Whitebark Energy | 0.0015 | 50% | 122,500 | $6,464,886 |
4DS | 4Ds Memory Limited | 0.051 | 38% | 16,009,607 | $54,751,321 |
KTG | K-Tig Limited | 0.115 | 35% | 1,386,498 | $15,394,457 |
KEY | KEY Petroleum | 0.002 | 33% | 2,000,000 | $2,951,892 |
CSE | Copper Strike Ltd | 0.12 | 26% | 331,471 | $12,627,201 |
AQS | Aquis Ent Ltd | 0.16 | 23% | 123,965 | $4,643,493 |
WFL | Wellfully Limited | 0.017 | 21% | 6,130,955 | $5,348,802 |
SGA | Sarytogan | 0.3625 | 19% | 7,447,929 | $18,820,679 |
HFY | Hubify Ltd | 0.035 | 17% | 437,481 | $14,884,089 |
WR1 | Winsome Resources | 1.425 | 16% | 4,810,429 | $171,206,186 |
GIB | Gibb River Diamonds | 0.06 | 15% | 153,036 | $10,998,491 |
PLG | Pearlgullironlimited | 0.03 | 15% | 150,000 | $1,427,460 |
ADY | Admiralty Resources. | 0.008 | 14% | 142,824 | $9,125,054 |
INP | Incentiapay Ltd | 0.008 | 14% | 624,375 | $8,855,445 |
NZS | New Zealand Coastal | 0.004 | 14% | 15,749,142 | $3,944,518 |
RR1 | Reach Resources Ltd | 0.004 | 14% | 5,863,668 | $6,685,177 |
MPG | Manypeaksgoldlimited | 0.29 | 14% | 32,528 | $8,657,760 |
DUG | DUG Tech | 0.5 | 14% | 276,790 | $51,974,290 |
SP3 | Specturltd | 0.034 | 13% | 49,499 | $5,758,544 |
DAL | Dalaroometalsltd | 0.13 | 13% | 35,000 | $3,435,625 |
ENA | Ensurance Ltd | 0.265 | 13% | 642,554 | $21,175,835 |
VBC | Verbrec Limited | 0.135 | 13% | 114,548 | $26,577,140 |
AXP | AXP Energy Ltd | 0.0045 | 13% | 1,150,000 | $23,298,723 |
LNU | Linius Tech Limited | 0.0045 | 13% | 24,133,066 | $10,673,438 |
Whitebark Energy (ASX:WBE) was by far the market’s big winner at the closing bell yesterday after announcing the continued progress being made at the Rex-4 development within the Wizard Lake Oil and Gas Field in Alberta, Canada.
The Rex-4 well was allowed a “rest” period prior to commencing clean-up with clean-up flow rates reporting ~230 barrels of fracture stimulation fluid per day on November 20 2022, at a pump-rate of three strokes per minute.
Copper Strike (ASX:CSE) also topped the charts with the appointment of Keith Bowes as an independent non-executive director.
Bowes has led various resource project evaluations and study teams that have developed a number of projects across a range of commodities and was previously managing director of ASX uranium development company, Lotus Resources (ASX:LOT), which has the Kayelekera Uranium Project in Malawi.
He led Lotus from acquisition through a definitive feasibility study and is currently preparing for final investment decision.
Here are the worst performing ASX small cap stocks.
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
OXX | Octanex Ltd | 0.004 | -43% | 1,041,842 | $1,812,844 |
DTR | Dateline Resources | 0.041 | -35% | 3,787,255 | $35,606,625 |
KPO | Kalina Power Limited | 0.018 | -22% | 11,179,516 | $34,849,503 |
GLV | Global Oil & Gas | 0.002 | -20% | 317,161 | $5,714,639 |
BMO | Bastion Minerals | 0.052 | -17% | 5,268,842 | $5,979,746 |
TRE | Toubaniresourcesinc | 0.2 | -17% | 184,545 | $7,200,000 |
EQS | Equitystorygroupltd | 0.046 | -16% | 93,335 | $2,028,938 |
TYX | Tyranna Res Ltd | 0.026 | -16% | 25,582,741 | $74,568,185 |
SVY | Stavely Minerals Ltd | 0.21 | -14% | 917,764 | $79,123,891 |
GCR | Golden Cross | 0.006 | -14% | 1,956,427 | $7,680,793 |
RDN | Raiden Resources Ltd | 0.006 | -14% | 3,493,300 | $11,582,077 |
KAM | K2 Asset Mgmt Hldgs | 0.044 | -14% | 81,254 | $12,295,345 |
CMP | Compumedics Limited | 0.2 | -13% | 302,259 | $40,747,478 |
MEG | Megado Minerals Ltd | 0.04 | -13% | 316,501 | $6,325,000 |
JXT | Jaxstaltd | 0.034 | -13% | 210,242 | $13,360,550 |
QML | Qmines Limited | 0.17 | -13% | 477,732 | $17,590,761 |
EMU | EMU NL | 0.007 | -13% | 1,556,311 | $5,498,145 |
HLX | Helix Resources | 0.007 | -13% | 10,935,526 | $18,585,167 |
IEC | Intra Energy Corp | 0.007 | -13% | 34,413 | $4,846,253 |
RIM | Rimfire Pacific | 0.007 | -13% | 192,989 | $14,449,958 |
TAS | Tasman Resources Ltd | 0.007 | -13% | 213,125 | $5,369,221 |
H2G | Greenhy2 Limited | 0.035 | -13% | 133,563 | $16,750,233 |
PKD | Parkd Ltd | 0.021 | -13% | 18,720 | $2,404,803 |
PSC | Prospect Res Ltd | 0.145 | -12% | 1,217,938 | $76,272,811 |