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Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, Guy Le Page runs the ruler over the resources supercycle, Australia’s Energy Minister reckons EVs are weak as piss, and nope, ‘deterioriating’ relations with China won’t affect the iron ore price.
But first… the day ahead.
TRADING HALTS
The following companies are in trading halts and are expected to exit over the next two trading days:
Tuesday:
Holista Colltech (ASX:HCT) – announcement clarification
Helix Resources (ASX:HLX) – capital raising
Wednesday
EML Payments (ASX:EML) – response to Ireland regulations
Tymlez (ASX:TYM) – capital raising
Great Boulder Resources (ASX:GBR) – capital raising
Agrimin (ASX:AMN) – offtake agreement
Boadicea Resources (ASX:BOA) – capital raising
Zeleika Gold (ASX:ZAG) – exploration results
Latitude Consolidated (ASX:LCD) – resource update
BPM Minerals (ASX:BPM) – asset acquisition
MARKETS
Gold: $US1,866.59 ($2,403.23) (+1.32%)
Silver: $US28.15 ($36.24) (+2.69%)
Oil (WTI): $US66.36 (+1.51%)
Oil (Brent): $US69.57 (+1.28%)
Coal: $US94.90 (-2.37%)
Iron 62pc Fe: $US214.99 (+2.34%)
AUD/USD: $US0.7763 (-0.22%)
Bitcoin: $US44,367.67 (-0.09%)
WHAT GOT YOU TALKING YESTERDAY?
Another bad day for Bitcoin. Is Musk Elon holding? Selling? Trolling?
To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.
For the crypto lovers Stockhead’s Cryptohead Facebook group is the place to share all your crypto views, insights, tips and ideas.
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 |
|---|---|---|---|---|
| MDX | Mindax Limited | 0.086 | 132 | 127,341,401 |
| CLZ | Classic Min Ltd | 0.002 | 100 | 120,060,349 |
| GNM | Great Northern | 0.013 | 63 | 247,426,296 |
| CAP | Carpentaria Resource | 0.16 | 39 | 56,680,108 |
| AFW | Applyflow Limited | 0.008 | 33 | 8,261,708 |
| GES | Genesis Resources | 0.012 | 33 | 2,238,882 |
| MRR | Minrex Resources Ltd | 0.03 | 30 | 17,661,547 |
| JNO | Juno | 0.22 | 29 | 4,656,370 |
| FPL | Fremont Petroleum | 0.005 | 25 | 5,816,362 |
| QML | Qmines Limited | 0.355 | 22 | 1,417,980 |
| POD | Podium Minerals | 0.67 | 22 | 1,473,260 |
| MTH | Mithril Resources | 0.017 | 21 | 7,058,921 |
| EGL | Environmental Group | 0.105 | 21 | 1,213,902 |
| ATP | Atlas Pearls Ltd | 0.018 | 20 | 604,902 |
| ARD | Argent Minerals | 0.051 | 19 | 14,122,230 |
| EVZ | EVZ Limited | 0.16 | 19 | 58,437 |
| 4DS | 4Ds Memory Limited | 0.165 | 18 | 5,956,695 |
| EM2 | Eagle Mountain | 1.1 | 17 | 548,461 |
| BLY | Boart Longyear | 0.455 | 17 | 89,559 |
| AMD | Arrow Minerals | 0.007 | 17 | 25,962,842 |
| AOA | Ausmon Resorces | 0.007 | 17 | 293,585 |
| AVW | Avira Resources Ltd | 0.007 | 17 | 100,143 |
It was a green day for iron ore plays, with Carpentaria Resources (ASX:CAP), Mindax (ASX:MDX) and Juno (ASX:JNO) all making gains.
Among stocks with announcements, Great Northern Minerals (ASX:GNM) surged on strong volume after a big high-grade gold hit at its Camel Creek project in North Queensland.
Argent Minerals (ASX:ARD) also rose strongly after announcing the Strike Drilling reverse circulation drill rig has arrived at its full-owned Pine Ridge gold project.
YESTERDAY’S LOSERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| INF | Infinity Lithium | 0.066 | -65 | 20,301,573 |
| ANL | Amani Gold Ltd | 0.001 | -33 | 91,668,567 |
| T3D | 333D Limited | 0.002 | -33 | 1,662,189 |
| MMI | Metro Mining Ltd | 0.035 | -29 | 35,193,249 |
| PVL | Powerhouse Ven Ltd | 0.15 | -29 | 855,807 |
| KEY | KEY Petroleum | 0.003 | -25 | 24,000 |
| KNM | Kneomedia Limited | 0.006 | -25 | 5,676,523 |
| ARE | Argonaut Resources | 0.008 | -20 | 16,037,877 |
| DDD | 3D Resources Limited | 0.004 | -20 | 10,883,314 |
| TSC | Twenty Seven Co. Ltd | 0.004 | -20 | 2,804,000 |
| UUV | UUV Aquabotix Ltd | 0.002 | -20 | 8,169,123 |
| AQX | Alice Queen Ltd | 0.014 | -18 | 9,253,823 |
| ALT | Analytica Limited | 0.0025 | -17 | 3,687,365 |
| SBW | Shekel Brainweigh | 0.105 | -16 | 253,287 |
| IKW | Ikwezi Mining Ltd | 0.245 | -16 | 5,540 |
| TRY | Troy Resources Ltd | 0.055 | -15 | 8,286,070 |
| CPH | Creso Pharma Ltd | 0.15 | -14 | 29,378,750 |
| PHL | Propell Holdings Ltd | 0.12 | -14 | 670,520 |
| TYX | Tyranna Res Ltd | 0.006 | -14 | 329,579 |
| PDZ | Prairie Mining Ltd | 0.22 | -14 | 500 |
| NUC | Nuchev Limited | 0.45 | -13 | 52,640 |
Struggling lithium play Infinity (ASX:INF) crashed 60% after being reinstated to quotation for the first time since its San Jose project permit application was cancelled.
