Rise and Shine: What you need to know before the ASX opens

On Stockhead today, the resources stocks that won November, a 2022 outlook for semiconductors and BNPLs go from cold to… colder.

But first … the day ahead.

 

TRADING HALTS

The following companies are in trading halts and are expected out in the next two trading days:

Monday

Damstra (ASX:DTC) – capital raising
Envirosuite (ASX:EVS) – capital raising
White Rock Minerals (ASX:WRM) – capital raising
ReNu Energy (ASX:RNE) – capital raising
Douugh (ASX:DOU) – capital raising
Dacian Gold (ASX:DCN) – capital raising
American Rare Earths (ASX:ARR) – capital raising
Elmore (ASX:ELE) – capital raising

Tuesday

Prominence Energy (ASX:PRM) – capital raising and asset acquisition
Australian Strategic Materials (ASX:ASM) – optimisation study update
Ausgold (ASX:AUC) – project update
Talon Energy (ASX:TPD) – drilling results
Strike Energy (ASX:STX) – drilling results
Registry Direct (ASX:RD1) – capital raising
Hot Chili (ASX:HCH) – capital raising

 

MARKETS (updated at 7.30am AEDT)

Gold: $US1,783.13 ($2,545.06) (+0.82%)

Silver: $US22.52 ($32.14) (+0.67%)

Oil (WTI): $US66.24 (-0.39%)

Oil (Brent): $US69.92 (+0.36%)

Coal: $US155.25 (+0.16%)

Iron 62pc Fe: $US94.33 (+0.36%)

AUD/USD: $US0.6999 (-1.32%)

Bitcoin: $US49,023.67 ($69,971.48) (-0.86%)

 

WHAT GOT YOU TALKING OVER THE WEEKEND?

Avenged Sevenfold frontman Matt Sanders (aka M. Shadows) talks about his epic NFT collection and how he bought into Ethereum when it was just $14.

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

For all you crypto lovers, Stockhead’s Coinhead Facebook group is the place to share your 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.

 

LAST WEEK’S BIGGEST SMALL CAP WINNERS

Scroll or swipe to reveal table. Click headings to sort.

WordPress Table

Minnow Minrex Resources (ASX:MRR) has been flying since picking up a bunch of lithium projects in the Pilbara in November.

This is all part of an strategy to become “an emergent lithium explorer with high-quality assets” within 70km of world-class lithium and tantalum producers Pilbara Minerals (ASX:PLS) and Mineral Resources (ASX:MRL), it says.

Tuas Ltd (ASX:TUA) runs a mobile phone network in Singapore through TPG Singapore. Last week, TPG Singapore paid S$31m for 10 MHz (2 x paired 5 MHz lots) of spectrum on the 5G-focused 2.1 GHz band. TPG Singapore intends to move quickly to roll out 5G equipment to make use of this spectrum, it says.

Tolga Kumova favourite Aston Minerals (ASX:ASO) pulled up a hefty 287m grading 0.3% nickel in maiden drilling at ‘Boomerang ‘ part of the Edleston project in Canada.

And business software developer Prophecy International Holdings (ASX:PRO) ripped higher on some juicy annualised recurring revenue (ARR) numbers — often viewed as the holy grail for subscription-based tech businesses.

 

LAST WEEK’S BIGGEST SMALL CAP LOSERS

Scroll or swipe to reveal table. Click headings to sort.

WordPress Table