Rise and Shine: Everything you need to know before the market opens
News
On Stockhead today…
Over on the Best Coast (hard to arguw in T20 terms), Reuben Adams has January’s 5 best resources performers. And they’re a hot bunch.
Nadine McGrath has been poking through the receipts to see which ASX stocks have been caught short.
And Eddy Sunarto unpacks the next iteration of Fintech.
Over the weekend US President Joe Biden asked his guys to shoot down a Chinese balloon. Bit of a worry and certainly more blowback to come on the markets side this week.
But first, the day ahead…
The following companies went into a trading halt on Friday, February 3.
VIP Gloves (ASX:VIP) – halt requested in connection with an announcement by VIP Gloves regarding a sale and leaseback transaction associated with the company’s major assets.
AML3D (ASX:AL3) – Capital raise.
Amani Gold (ASX:ANL) – Halt requested pending the release of an announcement regarding a potential asset disposal.
Gold: $US1928.30 (-0.90%)
Silver: $US23.91 (+0.02%)
Nickel (3mth): $US27,651/t (+4.40%)
Copper (3mth): $US9.342/t (+0.25%)
Oil (WTI): $US81.46 (+1.6%)
Oil (Brent): $US87.33 (+1.42%)
Iron 62pc Fe: $US124.50 (+0.00%)
AUD/USD: 0.7093 (-0.12%)
Bitcoin: $US23,005 (-2.53%)
• @ProspectResLtd is drilling Omaruru, Step Aside lithium projects
• @SHMining picks up rock chips grading up to 17.5% copper, 1,495g/t silver
• @Dateline_DTR gets loan to restart Gold Links mine #ASX $DTR $PSC $PLG $SUH $LYN— Stockhead (@StockheadAU) February 3, 2023
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 |
---|---|---|---|---|---|
SPA | Spacetalk Ltd | 0.051 | 89% | 20,395,130 | $6,917,382 |
DTR | Dateline Resources | 0.034 | 48% | 1,787,130 | $12,999,244 |
GLV | Global Oil & Gas | 0.002 | 33% | 1,000,992 | $5,143,196 |
ROO | Roots Sustainable | 0.002 | 33% | 696,180 | $1,558,829 |
YPB | YPB Group Ltd | 0.004 | 33% | 1,953,196 | $1,219,638 |
PET | Phoslock Env Tec Ltd | 0.057 | 33% | 3,759,461 | $26,848,792 |
ZMM | Zimi Ltd | 0.06 | 30% | 233,179 | $4,097,796 |
SMX | Security Matters | 0.19 | 27% | 1,176,513 | $25,178,187 |
LML | Lincoln Minerals | 0.051 | 21% | 13,623,694 | $24,149,315 |
CHK | Cohiba Min Ltd | 0.006 | 20% | 3,300,197 | $8,866,221 |
CPM | Cooper Metals | 0.275 | 20% | 501,725 | $9,434,600 |
ALY | Alchemy Resource Ltd | 0.019 | 19% | 10,583,677 | $18,849,220 |
GCX | GCX Metals Limited | 0.046 | 18% | 51,972 | $7,245,369 |
MPR | Mpower Group Limited | 0.02 | 18% | 921,701 | $4,992,956 |
ATU | Atrum Coal Ltd | 0.007 | 17% | 1,419,985 | $8,350,195 |
AYT | Austin Metals Ltd | 0.007 | 17% | 366,427 | $6,095,248 |
CPT | Cipherpoint Limited | 0.007 | 17% | 8,353,792 | $5,631,083 |
DCX | Discovex Res Ltd | 0.0035 | 17% | 8,508,034 | $9,907,704 |
VKA | Viking Mines Ltd | 0.014 | 17% | 9,903,730 | $12,303,101 |
WEL | Winchester Energy | 0.007 | 17% | 279,870 | $6,061,319 |
MRZ | Mont Royal Resources | 0.22 | 16% | 459,525 | $13,011,707 |
ALA | Arovella Therapeutic | 0.03 | 15% | 9,101,691 | $19,604,902 |
IS3 | I Synergy Group Ltd | 0.023 | 15% | 106,886 | $5,781,607 |
TYX | Tyranna Res Ltd | 0.023 | 15% | 4,731,841 | $48,108,507 |
CXU | Cauldron Energy Ltd | 0.008 | 14% | 2,070,153 | $6,520,976 |
Spacetalk (ASX:SPA), which does tend to launch every now and again, has hit the upper atmosphere, up 98.89% – so we can call it 100% on news Simon Crowther ascended to the role of CEO and managing director, as interim boss Saurabh Jain moves onto the board.
SAP says Crowther’s track record at Nearmap (ASX:NMP) sealed the deal.
Lincoln Minerals (ASX:LML), is rising again after the board wrote to shareholders with an update on Quantum Graphite’s (ASX:QGL) all-scrip takeover bid.
“The Offer Price under QGL’s takeover bid remains unchanged, being 40 QGL shares for every 1 LML share,” LML said.
“As at close of trading on 30 January, the implied value of LML shares under the Offer was $0.013 per share which remains well below LML’s closing price of $0.06 per share (based on the closing prices of Lincoln and QGL shares on ASX as at 30 January 2023).”
That 30 January $0.06 per share is an impressive 750% increase since Lincoln’s reinstatement onto the ASX ten days earlier.
Here are the least best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
SRJ | SRJ Technologies | 0.12 | -20% | 40,821 | $13,376,288 |
CLE | Cyclone Metals | 0.002 | -20% | 57,500,000 | $15,441,842 |
WFL | Wellfully Limited | 0.015 | -17% | 1,331,962 | $7,040,668 |
ADY | Admiralty Resources. | 0.01 | -17% | 2,564,975 | $15,642,950 |
ARE | Argonaut Resources | 0.0025 | -17% | 7,731,572 | $19,085,614 |
BLZ | Blaze Minerals Ltd | 0.01 | -17% | 240,909 | $4,410,099 |
LNU | Linius Tech Limited | 0.0025 | -17% | 764,584 | $8,938,239 |
SGC | Sacgasco Ltd | 0.011 | -15% | 1,655,863 | $7,974,881 |
MYE | Metarock Group Ltd | 0.145 | -15% | 1,280,424 | $22,268,733 |
GCR | Golden Cross | 0.006 | -14% | 1,345,140 | $7,680,793 |
NIS | Nickel Search | 0.12 | -14% | 908,556 | $8,470,759 |
SLZ | Sultan Resources Ltd | 0.065 | -13% | 55,000 | $6,246,329 |
AMD | Arrow Minerals | 0.0065 | -13% | 16,187,476 | $19,003,238 |
PNT | Panthermetalsltd | 0.165 | -13% | 9,952 | $5,842,500 |
MME | Moneyme Limited | 0.375 | -13% | 684,612 | $121,796,307 |
DLT | Delta Drone Intl Ltd | 0.007 | -13% | 3,058,734 | $4,092,839 |
NAE | New Age Exploration | 0.007 | -13% | 2,722,376 | $11,487,191 |
PIL | Peppermint Inv Ltd | 0.007 | -13% | 6,544,934 | $16,302,855 |
CAZ | Cazaly Resources | 0.029 | -12% | 1,746,797 | $12,270,119 |
GLL | Galilee Energy Ltd | 0.22 | -12% | 717,106 | $84,634,375 |
PVW | PVW Res Ltd | 0.11 | -12% | 129,135 | $11,627,734 |
RWD | Reward Minerals Ltd | 0.115 | -12% | 28,000 | $25,389,350 |
TGH | Terragen | 0.071 | -11% | 109,333 | $15,521,539 |
FXG | Felix Gold Limited | 0.08 | -11% | 236,802 | $7,484,976 |