On Stockhead today, the dirty truth about that Dundas discovery, China’s not-so dominant, and BHP’s bull case for steel.

But first, the day ahead.

Local shares are set to open higher today. At 8am AEST, the ASX 200 October futures contract is pointing up by 1.6%.

TRADING HALTS

The following companies went into trading halts yesterday and are expected out in the next few days:

Eagle Mountain Mining (ASX: EM2) – Eagle Mountain has a mineral resource update on the way, which we’re guessing should be with us tomorrow or Thursday

Beacon Minerals (ASX:BCN) – Material transaction

New Zealand Coastal Foods (ASX:NZS) – Material acquisition

Nanoveu (ASX:NVU) – Capital raising

 

COMMODITY/FOREX/ CRYPTO MARKET PRICES

Gold: $US1,725.20 (+1.53%)

Silver: $US21.05 (+1.41%)

Nickel (3mth): $US22,020/t (+3.58%)

Copper (3mth): $US7,687/t (+2.38%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, Sept 14): $US71,500/t (+98.6% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, Sept 14): $US70,550/t (+135.6% year-to-date)

Oil (WTI): $US86.27 (+3.16%)

Oil (Brent): $US91.55 (+3.02%)

Iron 62pc Fe: $US95.21 (+1.05%)

AUD/USD: 0.6505 (-0.1%)

Bitcoin: $US20,268 (+3.72%)

 

WHAT GOT YOU TALKING YESTERDAY?

ALL things lithium.

According to Saxo Bank market strategist Jessica Amir, lithium stocks gained some 10% yesterday and the ASX200 closed 3.6% higher, marking the best single-day gain since April 01, 2020. 

 

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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.

 

ASX SMALL CAP LEADERS

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
ANL Amani Gold Ltd 0.0015 50% 50,000 $23,693,441
SIH Sihayo Gold Limited 0.003 50% 166,666 $12,204,256
CY5 Cygnus Gold Limited 0.37 48% 3,344,656 $36,796,329
TOY Toys R Us 0.034 42% 1,370,929 $20,684,668
CBE Cobre 0.19 41% 8,151,787 $27,500,774
DNA Donaco International 0.065 38% 3,638,329 $58,063,301
AO1 Assetowl Limited 0.002 33% 214,270 $2,358,195
KEY KEY Petroleum 0.002 33% 1,500,000 $2,951,892
ONE Oneview Healthcare 0.12 33% 1,541,758 $46,699,767
DC2 Dctwo 0.053 33% 15,094 $2,117,096
RVS Revasum 0.165 27% 153,015 $13,769,165
EFE Eastern Resources 0.038 27% 164,820,419 $30,274,901
FCT Firstwave Cloud Tech 0.049 26% 40,000 $64,831,803
LGM Legacy Minerals 0.15 25% 28,334 $5,494,896
SXG Southern Cross Gold 0.35 25% 5,661,940 $17,433,570
GLV Global Oil & Gas 0.0025 25% 5,004,976 $3,746,709
MAU Magnetic Resources 0.99 23% 62,536 $183,916,335
CM8 Crowd Media Limited 0.022 22% 453,795 $13,385,022
AAJ Aruma Resources Ltd 0.066 22% 468,767 $8,475,921
GRE Greentechmetals 0.17 21% 173,501 $4,379,200
LRV Larvotto Resources 0.205 21% 873,756 $7,060,525
AXP AXP Energy Ltd 0.006 20% 3,018,325 $29,060,903
CTO Citigold Corp Ltd 0.006 20% 250,000 $14,168,295
LNY Laneway Res Ltd 0.006 20% 625,600 $32,690,082
RMX Red Mount Min Ltd 0.006 20% 715,417 $8,211,819
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Southern Cross Gold (ASX:SXG), has surged on some freakin’ enormous drill results, which look like this:

Drill hole SDDSC046:

  • 21.5 m @ 15.0 g/t AuEq (12.2 g/t Au and 1.7% Sb) from 183.6 m

and drill hole SDDSC043:

  • 12.5 m @ 2.4 g/t AuEq (1.1 g/t Au and 0.8% Sb) from 241.0 m

But not as much as Cygnus Gold. All it had to do was appoint David Southam as a managing director to add $16m to its market cap.

 

 

ASX SMALL CAP LOSERS

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
CCE Carnegie Cln Energy 0.001 -50% 542,437 $30,205,147
PRM Prominence Energy 0.0015 -25% 813,742 $4,849,218
LAW Lawfinance Ltd 0.105 -25% 27,000 $8,915,329
NUC Nuchev Limited 0.2 -22% 868 $13,194,821
ADR Adherium Ltd 0.004 -20% 1,247,756 $12,809,249
MRI My Rewards International 0.051 -19% 378,415 $10,384,951
TGH Terragen 0.1 -17% 14,925 $23,282,308
MTH Mithril Resources 0.005 -17% 1,302,886 $17,641,398
APW Aims Pror Sec Fund 1.055 -16% 1,000 $56,199,885
AD1 AD1 Holdings Limited 0.017 -15% 126,886 $14,014,626
EDE Eden Inv Ltd 0.006 -14% 10,389,324 $18,978,596
GTG Genetic Technologies 0.003 -14% 500,000 $32,318,878
3DA Amaero International 0.096 -13% 63,332 $28,146,442
ARO Astro Resources NL 0.0035 -13% 358,750 $19,573,068
AVW Avira Resources Ltd 0.0035 -13% 224,348 $8,475,160
KFE Kogi Iron Ltd 0.0035 -13% 90,394 $6,470,311
FZO Family Zone Cyber 0.28 -13% 345,203 $283,659,429
NIM Nimy Resources 0.245 -13% 204,186 $15,453,055
DAL Dalaroo Metals 0.11 -12% 130,000 $3,734,375
FIJ Fiji Kava Limited 0.022 -12% 747,898 $4,961,007
TKM Trek Metals Ltd 0.053 -12% 686,638 $18,636,609
SGI Stealth Global 0.115 -12% 128,810 $12,961,000
OXT Orexplore Technologies 0.077 -11% 2,357 $9,018,785
AL8 Alderan Resource Ltd 0.008 -11% 39,212 $5,204,395
BPP Babylon Pump & Power 0.004 -11% 250,000 $11,059,971
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