Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, Guy le Page on uranium’s rise ahead of ‘Judgement Day’, silver stock value on the TSX, and ASX small caps that outperform Bitcoin.
But first…
Today in IPOs, look out for BSP Financial (ASX:BFL) which is a banking and financial services provider in PNG & South East Asia. This company is set to debut at 11am (AEST).
The following companies are in trading halts and are expected to exit over the next two trading days:
Today
Freedom Foods Group (ASX:FNP) – capital raising
Salt Lake Potash (ASX:SO4) – capital raising
Sayona Mining (ASX:SYA) – NAL bid update
Anteris Technologies (ASX:AVR) – capital raising
Wednesday
1414 Degrees (ASX:14D) – management updates
Navarre Minerals (ASX:NML) – capital raising
Odyssey Gold (ASX:ODY) – exploration results
Winchester Energy (ASX:WEL) – capital raising
Vital Metals (ASX:VML) – exploration results
Central Petroleum (ASX:CTP) – asset sale
BNK Banking (ASX:BBC) – capital raising
Latitude Consolidated (ASX:LCD) – capital raising
Aldoro Resources (ASX:ARN) – strategic review outcome
Cue Energy Resources (ASX:CUE) – asset acquisition
MyState (ASX:MYS) – capital raising
New Zealand Oil and Gas (ASX:NZO) – asset acquisition
Gold: $US1,880.64 ($2,425.53) (+0.02%)
Silver: $US27.76 ($35.80) (+0.86%)
Oil (WTI): $US66.03 (+3.85%)
Oil (Brent): $US68.48 (+3.10%)
Coal: $US105.00 (+1.94%)
Iron 62pc Fe: $US208.20 (-0.96%)
AUD/USD: $US0.7752 (+0.27%)
Bitcoin: $US39,150.12 (+15.12%)
First a shout out to our millennial readers.
Avocados have been a better store of value than Bitcoin during this rout. pic.twitter.com/YkTTabRwSu
— Tracy Alloway (@tracyalloway) May 24, 2021
Speaking of stores of value, our most popular story yesterday morning was about an upcoming catalyst that could spark a gold price rally.
Namely, the pending changes to Basel III rules surrounding gold stockpiles held by global banks. The rule change will stipulate that banks can only count physical gold when calculating their Tier One asset ratios to meet financial stability regulations.
Sam Jacobs tells all here.
To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.
For the crypto lovers Stockhead’s Cryptohead Facebook group is the place to share all your crypto views, insights, tips and ideas.
Also, be sure to check in at 10.20am each day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Price | ReturnWRoll% | MktCap$ |
---|---|---|---|---|
GNM | Great Northern | 0.019 | 138 | $ 20,553,866.59 |
BPM | BPM Minerals | 0.445 | 128 | $ 11,508,750.00 |
UUV | UUV Aquabotix Ltd | 0.002 | 100 | $ 4,776,749.62 |
M8S | M8 Sustainable | 0.04 | 74 | $ 5,791,504.13 |
4CE | Force Com Ltd | 0.026 | 73 | $ 24,453,620.59 |
AHI | Adv Human Imag Ltd | 1.7725 | 69 | $ 245,452,568.40 |
PUR | Pursuit Minerals | 0.076 | 55 | $ 55,136,918.88 |
PBX | Pacific Bauxite Ltd | 0.003 | 50 | $ 1,189,842.10 |
CYQ | Cycliq Group Ltd | 0.0015 | 50 | $ 3,789,678.02 |
ECT | Env Clean Tech Ltd. | 0.0015 | 50 | $ 17,376,937.43 |
QML | Qmines Limited | 0.41 | 46 | $ 17,972,668.74 |
VRC | Volt Resources Ltd | 0.038 | 46 | $ 90,452,467.84 |
CZR | CZR Resources Ltd | 0.016 | 45 | $ 42,795,283.41 |
MSR | Manas Res Ltd | 0.01 | 43 | $ 19,321,915.19 |
MSI | Multistack Internat. | 0.077 | 43 | $ 8,984,313.92 |
OZM | Ozaurum Resources | 0.19 | 41 | $ 10,404,000.00 |
EM1 | Emerge Gaming Ltd | 0.035 | 40 | $ 29,152,106.88 |
CAP | Carpentaria Resource | 0.11 | 39 | $ 47,293,470.95 |
CDT | Castle Minerals | 0.0165 | 38 | $ 10,255,011.45 |
ADD | Adavale Resource Ltd | 0.086 | 37 | $ 25,813,259.55 |
PIL | Peppermint Inv Ltd | 0.019 | 36 | $ 30,188,548.72 |
BMN | Bannerman Resources | 0.21 | 35 | $ 237,827,555.60 |
POD | Podium Minerals | 0.67 | 35 | $ 179,432,756.48 |
IMM | Immutep Ltd | 0.61 | 34 | $ 393,289,765.20 |
APG | Austpac Resources NL | 0.002 | 33 | $ 6,331,325.91 |
NGY | Nuenergy Gas Ltd | 0.04 | 33 | $ 72,566,819.35 |
GES | Genesis Resources | 0.012 | 33 | $ 9,394,095.53 |
HMD | Heramed Limited | 0.2 | 33 | $ 32,679,184.40 |
RIE | Riedel Resources Ltd | 0.024 | 33 | $ 18,517,533.36 |
HLX | Helix Resources | 0.041 | 32 | $ 43,099,677.19 |
TTT | Titomic Limited | 0.515 | 32 | $ 70,494,847.74 |
NZS | New Zealand Coastal | 0.017 | 31 | $ 9,526,405.55 |
PPK | PPK Group Limited | 12.15 | 31 | $ 1,037,453,388.45 |
The top stock yesterday was Caspin Resources (ASX:CPN) which more than doubled to close 113 per cent higher.
The explorer is gunning for a nearology play in proximity to Chalice Mining’s famous Julimar discovery and early-stage drilling at its Yarabrook Hill prospect has delivered “exactly what we wanted to see”, CEO Greg Miles said.
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Price | % 1 Week | MktCap$ |
---|---|---|---|---|
INF | Infinity Lithium | 0.065 | -66 | $ 25,769,891.58 |
ANL | Amani Gold Ltd | 0.001 | -50 | $ 12,386,996.75 |
MMI | Metro Mining Ltd | 0.028 | -46 | $ 36,143,261.39 |
ARV | Artemis Resources | 0.061 | -42 | $ 70,479,387.65 |
EML | EML Payments Ltd | 3.35 | -36 | $ 1,052,920,553.79 |
PVL | Powerhouse Ven Ltd | 0.105 | -34 | $ 10,201,749.36 |
TOM | Tomizone Limited | 0.002 | -33 | $ 850,401.35 |
G88 | Golden Mile Res Ltd | 0.061 | -31 | $ 8,541,118.01 |
PTR | Petratherm Ltd | 0.042 | -30 | $ 8,354,547.85 |
TRY | Troy Resources Ltd | 0.047 | -28 | $ 36,363,060.86 |
TYM | Tymlez Group | 0.017 | -26 | $ 4,964,626.81 |
CLZ | Classic Min Ltd | 0.0015 | -25 | $ 19,846,632.18 |
KEY | KEY Petroleum | 0.003 | -25 | $ 5,903,784.38 |
PCH | Property Connect | 0.0015 | -25 | $ 1,028,795.21 |
PCL | Pancontinental Oil | 0.0015 | -25 | $ 9,010,073.23 |
BCK | Brockman Mining Ltd | 0.042 | -25 | $ 436,123,910.16 |
CUL | Cullen Resources | 0.021 | -25 | $ 7,852,270.80 |
MHI | Merchant House | 0.068 | -24 | $ 6,787,187.71 |
PVW | PVW Res Ltd | 0.13 | -24 | $ 8,769,242.95 |
HGO | Hillgrove Res Ltd | 0.063 | -23 | $ 62,776,948.53 |
ODY | Odyssey Gold Ltd | 0.1425 | -23 | $ 61,091,611.43 |
EOF | Ecofibre Limited | 0.595 | -23 | $ 192,674,027.01 |
AME | Alto Metals Limited | 0.094 | -22 | $ 42,324,415.09 |
LAW | Lawfinance Ltd | 0.012 | -20 | $ 14,042,760.54 |
MRG | Murray River Grp | 0.18 | -20 | $ 7,940,725.74 |
TER | Terracom Ltd | 0.12 | -20 | $ 86,664,877.45 |
FPL | Fremont Petroleum | 0.004 | -20 | $ 18,714,050.08 |
NPM | Newpeak Metals | 0.002 | -20 | $ 11,348,322.60 |
TPS | Threat Protect Ltd | 0.025 | -19 | $ 6,023,906.95 |
SIX | Sprintex Ltd | 0.063 | -19 | $ 13,480,194.04 |
LPD | Lepidico Ltd | 0.013 | -19 | $ 72,630,317.65 |
PKD | Parkd Ltd | 0.05 | -18 | $ 5,210,406.92 |
JNO | Juno | 0.205 | -18 | $ 27,131,600.20 |
KNO | Knosys Limited | 0.115 | -18 | $ 19,580,376.91 |
GTE | Great Western Exp. | 0.14 | -18 | $ 19,067,728.54 |
QHL | Quickstep Holdings | 0.0445 | -18 | $ 32,232,120.48 |