On Stockhead today, Nova’s CEO on that gigantic 132m gold hit, 4 goldies shining bright in a bitter year, and the ASX stocks aiming for a mind-altering $25bn market.
But first … the day ahead.
On Monday, the National Bureau of Statistics in China issue the September quarter economic growth (GDP) estimate as well as September readings for retail sales, production and unemployment.
“Investors will be watching carefully to gauge how much the economy has slowed in response to an upsurge in Delta cases, supply chain disruptions and a government crackdown on industries ranging from technology to property,” CommSec says.
Who’s Listing?
Scheduled to list today is WA focused nickel sulphide explorer NickelSearch (ASX:NIS) at 12pm AEDT.
TRADING HALTS
The following companies are in trading halts and are expected out in the next two trading days:
Monday
Swoop (ASX:SWP) – capital raising
Heramed (ASX:HMD) – capital raising
Torque Metals (ASX:TOR) – drilling results
Vulcan (ASX:VUL) – off take agreement
Podium Minerals (ASX:POD) – capital raising
COG Financial Services (ASX:COG) – capital raising
Dart Mining (ASX:DTM) – capital raising
Tuesday
Living Cell Technologies (ASX:LCT) – capital raising
Apollo Consolidated (ASX:AOP) – corporate transaction
Latrobe Magnesium (ASX:LMG) – capital raising
MARKETS
Gold: $US1,767.23 ($2,382.45) (-1.58%)
Silver: $US23.30 ($31.41) (-1.02%)
Oil (WTI): $US82.28 (+1.19%)
Oil (Brent): $US84.92 (+1.10%)
Coal: $US240.00 (-2.04%)
Iron 62pc Fe: $US123.19 (+0.29%)
AUD/USD: $US0.7421 (+0.09%)
Bitcoin: $US59,957.78 ($80,830.70) (-1.13%)
WHAT GOT YOU TALKING LAST WEEK?
The uranium bull market is back on.
Spot soared an incredible $US7.50/lb in one day to $US48/lb — that’s just below the recent peak of +$US50.50/lb reached September 18, and global uranium stocks are going mental.
Things are looking good for the next crop of miners on the ASX.
LAST WEEK’S WINNERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | ReturnWRoll% | MktCap$ |
|---|---|---|---|---|
| VIA | Viagold Rare Earth | 2.000 | 244.8 | $ 166,624,808.00 |
| OAK | Oakridge | 0.002 | 100.0 | $ 3,439,292.92 |
| PVW | PVW Res Ltd | 0.330 | 100.0 | $ 20,435,203.13 |
| AQC | Auspaccoal Ltd | 0.225 | 73.1 | $ 11,106,658.20 |
| VIC | Victory Mines Ltd | 0.003 | 66.7 | $ 16,375,631.93 |
| NVA | Nova Minerals Ltd | 0.175 | 59.1 | $ 322,206,760.26 |
| CNR | Cannon Resources | 0.440 | 57.1 | $ 28,572,154.53 |
| NPM | Newpeak Metals | 0.002 | 50.0 | $ 6,827,435.15 |
| PBX | Pacific Bauxite Ltd | 0.003 | 50.0 | $ 1,189,842.10 |
| STK | Strickland Metals | 0.091 | 44.4 | $ 97,184,872.18 |
| GEV | Global Ene Ven Ltd | 0.118 | 43.3 | $ 50,288,685.37 |
| HNR | Hannans Ltd | 0.033 | 43.0 | $ 70,799,315.76 |
| RVS | Revasum | 0.765 | 41.7 | $ 83,444,430.19 |
| BMN | Bannerman Energy Ltd | 0.380 | 40.7 | $ 481,927,111.20 |
| DDT | DataDot Technology | 0.014 | 40.0 | $ 16,170,303.06 |
| CPN | Caspin Resources | 0.990 | 39.4 | $ 65,631,467.40 |
| SHP | South Harz Potash | 0.130 | 38.3 | $ 53,012,280.13 |
| CXO | Core Lithium | 0.565 | 37.8 | $ 882,308,658.96 |
| SPN | Sparc Tech Ltd | 0.860 | 37.6 | $ 47,543,120.10 |
| AMO | Ambertech Limited | 0.440 | 37.5 | $ 34,384,800.77 |
| CZL | Cons Zinc Ltd | 0.033 | 37.5 | $ 8,136,660.95 |
| RAS | Ragusa Minerals Ltd | 0.125 | 37.4 | $ 13,572,613.15 |
| WLD | Wellard Limited | 0.130 | 36.8 | $ 63,750,037.44 |
| HZR | Hazer Group Limited | 1.325 | 36.6 | $ 219,956,505.78 |
| LIO | Lion Energy Limited | 0.053 | 35.9 | $ 16,446,947.45 |
| CAE | Cannindah Resources | 0.190 | 35.7 | $ 93,398,756.58 |
| RHT | Resonance Health | 0.115 | 35.3 | $ 50,693,717.91 |
| VMY | Vimy Resources Ltd | 0.270 | 35.0 | $ 278,647,144.64 |
| A8G | Australasian Gold | 0.585 | 34.5 | $ 17,983,993.44 |
| COB | Cobalt Blue Ltd | 0.390 | 34.5 | $ 113,428,801.86 |
| INF | Infinity Lithium | 0.148 | 34.1 | $ 54,393,465.06 |
| KEY | KEY Petroleum | 0.004 | 33.3 | $ 7,871,712.50 |
| AQI | Alicanto Min Ltd | 0.140 | 33.3 | $ 44,397,107.24 |
| RVR | Red River Resources | 0.220 | 33.3 | $ 111,469,864.92 |
| KGL | KGL Resources Ltd | 0.680 | 32.0 | $ 270,697,358.28 |
| CRM | Carbon Minerals Ltd | 0.330 | 32.0 | $ 6,205,152.69 |
| FRS | Forrestaniaresources | 0.415 | 31.7 | $ 10,518,750.00 |
| SVY | Stavely Minerals Ltd | 0.480 | 31.5 | $ 129,175,918.74 |
| CKA | Cokal Ltd | 0.190 | 31.0 | $ 163,989,404.78 |
| LPI | Lithium Pwr Int Ltd | 0.380 | 31.0 | $ 134,276,391.48 |
| PH2 | Pure Hydrogen Corp | 0.275 | 31.0 | $ 84,746,483.01 |
| ARV | Artemis Resources | 0.110 | 31.0 | $ 121,734,772.15 |
ViaGold Rare Earths Resources (ASX:VIA) +245%
Shares in ViaGold are currently suspended pending the ASX’s further enquiries into a memorandum of understanding that was referred to in the company’s mid-week trading halt.
The halt came after shares in the company soared early in the week with Stockhead’s Hot Money column noting on Monday that there was unusual price action in its shares despite little news flow.
PVW Resources (ASX:PVW) +100%
Investors were pleased after PVW’s rock chip sampling at the Tanami project returned high-grade rare earths results.
The company noted that 14 of the 20 samples returned assays greater than 1% total rare earths oxides (TREO) with a top result of 12.45% TREO.
It will soon carry out geochemical surface sampling and ground radiometrics at Killi Killi East target and is planning follow-up drilling at both Watts Rise and Killi Killi East.
Early this week, the company unveiled plans to carry out an aeromagnetic survey over the 900sqkm of exploration licences and applications that it holds north of the Mt Ida goldfield through to the Ida Valley in the Menzies/Leonora region.
Its Mt Ida-Ida Valley project is immediately north of the historical Mt Ida Goldfield.
LAST WEEK’S LOSERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % 1 Week | MktCap$ |
|---|---|---|---|---|
| SE1 | Sensera Ltd | 0.023 | -36 | $ 9,935,914.63 |
| TOM | Tomizone Limited | 0.002 | -33 | $ 850,401.35 |
| RMI | Resource Mining Corp | 0.016 | -30 | $ 5,540,199.39 |
| STX | Strike Energy Ltd | 0.1875 | -28 | $ 374,318,596.71 |
| WGO | Warrego Energy Ltd | 0.155 | -26 | $ 183,468,348.90 |
| PDI | Predictive Disc Ltd | 0.1825 | -26 | $ 264,348,503.84 |
| WOO | Wooboard Tech Ltd | 0.0015 | -25 | $ 5,733,244.11 |
| IPB | IPB Petroleum Ltd | 0.024 | -25 | $ 8,758,226.57 |
| PCH | Property Connect | 0.0015 | -25 | $ 1,028,795.21 |
| BRU | Buru Energy | 0.12 | -25 | $ 61,920,943.97 |
| MTC | Metalstech Ltd | 0.43 | -25 | $ 70,832,450.75 |
| X2M | X2M Connect Limited | 0.155 | -24 | $ 11,663,908.25 |
| CBE | Cobre | 0.096 | -23 | $ 11,514,041.28 |
| LGM | Legacy Minerals | 0.16 | -23 | $ 7,011,576.36 |
| NCL | Netccentric Ltd | 0.12 | -20 | $ 33,961,399.44 |
| BEZ | Besragoldinc | 0.16 | -20 | $ 27,495,993.60 |
| PDZ | Prairie Mining Ltd | 0.28 | -20 | $ 68,249,751.26 |
| CVS | Cervantes Corp Ltd | 0.008 | -20 | $ 12,432,099.71 |
| MTR | Metal Tiger | 0.31 | -19 | $ 6,223,459.56 |
| TTB | Total Brain Ltd | 0.17 | -19 | $ 25,344,314.89 |
| MEB | Medibio Limited | 0.009 | -18 | $ 14,360,491.98 |
| DTM | Dart Mining NL | 0.115 | -18 | $ 11,493,729.74 |
| SGR | The Star Ent Grp | 3.64 | -17 | $ 3,332,049,735.00 |
| WFL | Wellfully Limited | 0.125 | -17 | $ 24,129,583.59 |
| CII | CI Resources Limited | 1 | -17 | $ 115,581,107.00 |
| KLL | Kalium Lakes Ltd | 0.1925 | -16 | $ 163,636,463.06 |
| SFG | Seafarms Group Ltd | 0.048 | -16 | $ 232,145,960.59 |
| ECG | Ecargo Hldg | 0.027 | -16 | $ 19,072,750.00 |
| BRV | Big River Gold Ltd | 0.22 | -15 | $ 50,471,763.96 |
| EML | EML Payments Ltd | 3.14 | -15 | $ 1,153,258,183.17 |
| HCD | Hydrocarbon Dynamic | 0.017 | -15 | $ 7,484,931.80 |
| NKL | Nickelxltd | 0.145 | -15 | $ 8,025,000.00 |
| FTZ | Fertoz Ltd | 0.32 | -15 | $ 76,687,326.40 |