On Stockhead today, the plan to unlock more WA magnetite, the unicorn not good enough for the ASX, and who’s been shorting who in May?
But first…
THE DAY AHEAD
The busy week of IPOs will end with a bang today.
Iron ore developer Juno Minerals (ASX:JNO) will list at 12pm (AEST) followed by pathology network Australian Clinical Labs (ASX:ACL) at 12.30pm.
The only economic data out today is HIA’s New Home Sales, to be released at 10am.
TRADING HALTS
Friday
Creso Pharma (ASX:CPH) – acquisition target
Monday
Horizon Minerals (ASX:HRZ) – acquisition
Jatcorp (ASX:JAT) – product developments
Predictive Discovery (ASX:PDI) – capital raising
Alice Queen (ASX:AQX) – capital raising
Roots Sustainable Agricultural Technologies (ASX:ROO) – new venture
MARKETS
Gold: $US1,826.39 ($2,363.34) (+0.60%)
Silver: $US27.08 ($35.04) (+0.18%)
Oil (WTI): $US63.78 (-3.48%)
Oil (Brent): $US66.99 (-3.36%)
Coal: $US101.40 (+1.91%)
Iron 62pc Fe: $US212.05 (-2.90%)
AUD/USD: $US0.7725 (-0.02%)
Bitcoin: $US49,690.21 (-8.96%)
WHAT GOT YOU TALKING YESTERDAY?
It’s been a tough week in markets and it continued yesterday.
But there have been a few sweet spots this week particularly in the junior iron ore and copper spaces.
Our readers were particularly hooked to Wednesday’s “Top 5 Resources” recap which was headed by a big copper hit by Helix Resources (ASX:HLX).
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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 WINNERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| CLZ | Classic Min Ltd | 0.002 | 100 | 71,558,290 |
| T3D | 333D Limited | 0.003 | 50 | 16,033,701 |
| CPN | Caspin Resources | 0.89 | 44 | 771,282 |
| ANL | Amani Gold Ltd | 0.002 | 33 | 8,737,150 |
| AGE | Alligator Energy | 0.033 | 27 | 179,017,995 |
| FPL | Fremont Petroleum | 0.005 | 25 | 14,493,677 |
| NPM | Newpeak Metals | 0.0025 | 25 | 3,000,000 |
| TER | Terracom Ltd | 0.15 | 20 | 3,487,650 |
| ICN | Icon Energy Limited | 0.024 | 20 | 823,524 |
| SVM | Sovereign Metals | 0.695 | 19 | 480,720 |
| WEL | Winchester Energy | 0.019 | 19 | 272,686 |
| GTR | Gti Resources | 0.026 | 18 | 14,767,951 |
| LEX | Lefroy Exploration | 0.915 | 17 | 2,165,897 |
| IMU | Imugene Limited | 0.31 | 17 | 28,453,510 |
| SEG | Sports Ent Grp Ltd | 0.31 | 17 | 28,173 |
| DCX | Discovex Res Ltd | 0.007 | 17 | 1,797,044 |
| GGX | Gas2Grid Limited | 0.0035 | 17 | 485,000 |
| TYX | Tyranna Res Ltd | 0.007 | 17 | 613,992 |
| PNM | Pacific Nickel Mines | 0.051 | 16 | 737,403 |
| ICE | Icetana Limited | 0.11 | 16 | 256,689 |
| KAI | Kairos Minerals Ltd | 0.032 | 14 | 10,711,257 |
| KNM | Kneomedia Limited | 0.008 | 14 | 7,420,841 |
Lefroy Exploration (ASX:LEX) rocketed again, after hitting more copper and gold at its ‘Burns’ porphyry discovery near Kalgoorlie.
Fremont Petroleum (ASX:FPL) rose too after providing an update on its oil inventory sell-down.
YESTERDAY’S LOSERS
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| ECT | Env Clean Tech Ltd. | 0.001 | -50 | 5,334,950 |
| UUV | UUV Aquabotix Ltd | 0.001 | -50 | 4,391,911 |
| ALT | Analytica Limited | 0.002 | -33 | 14,813,432 |
| PRN | Perenti Global Ltd | 0.69 | -29 | 26,020,100 |
| BLY | Boart Longyear | 0.38 | -28 | 488,420 |
| DTR | Dateline Resources | 0.008 | -25 | 10,706,228 |
| KLO | Kingsland Global Ltd | 0.038 | -22 | 6,600 |
| TSC | Twenty Seven Co. Ltd | 0.004 | -20 | 6,621,900 |
| XTC | Xantippe Res Ltd | 0.002 | -20 | 295,000 |
| HLX | Helix Resources | 0.031 | -18 | 274,290,938 |
| NCR | Nucoal Resources Ltd | 0.009 | -18 | 1,477,770 |
| CAP | Carpentaria Resource | 0.079 | -18 | 59,961,608 |
| MTH | Mithril Resources | 0.014 | -18 | 6,132,128 |
| PIL | Peppermint Inv Ltd | 0.014 | -18 | 17,681,925 |
| IVT | Inventis Limited | 0.008 | -17 | 1,500,000 |
| A8G | Australasian Gold | 0.17 | -15 | 1,668,113 |
| HAV | Havilah Resources | 0.255 | -15 | 987,555 |
| ABR | American Pacific | 1.46 | -14 | 2,020,486 |
| AQI | Alicanto Min Ltd | 0.12 | -14 | 708,767 |
| HWK | Hawkstone Mng Ltd | 0.03 | -14 | 28,620,412 |
| NGY | Nuenergy Gas Ltd | 0.03 | -14 | 156,619 |
Mining services stock Perenti (ASX:PRN) fell after an operational update. Despite winning over $700 million in contracts in 2021, it warned it was seeing impacts from COVID-19 and headwinds would continue for the next 12-18 months.
The latest gold IPO Australasian Gold (ASX:A8G) didn’t have a good debut and made the losers’ list.