Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, why this time the shift will be different for uranium, why Douugh is now ‘all in’ on crypto, and a closer look at the three HPA, gold and copper stocks listing on the ASX this week.
But first … the week ahead.
The following companies are in trading halts and are expected out in the next few trading days:
The following companies are in trading halts and are expected out in the next few trading days:
Zenith Minerals (ASX:ZNC) – Alliance and JV over ZNC’s lithium projects
Iris Metals (ASX:IR1) – material acquisition
Hiremii (ASX:HMI) – capital raising
Xantippe Resources (ASX:XTC) – material acquisition
White Cliff Minerals (ASX:WCN) – price and volume query
Compumedics (ASX:CMP) – material contract announcement
Critical Resources (ASX:CRR) – drilling results
First AU (ASX:FAU) – proposed acquisition
Emerald Resources (ASX:EMR) – takeover
PVW Resources (ASX:PVW) – rare earths exploration results
Structural Monitoring Systems (ASX:SMN) – capital raising
Castle Minerals (ASX:CDT) – capital raising
Pacgold (ASX:PGO) – drilling results
Gold: US$1,801.49 ($2,503.66) (+0.33%)
Silver: US$22.47 (-0.79%)
Oil (WTI): US$78.71 (-0.24%)
Oil (Brent): US$81.61 (-0.17%)
Coal: US$203 (+4.1%)
Iron 62pc Fe: US$124.48 (-1.37%)
AUD/USD: US$0.7173 (+0.04%)
Bitcoin: US$41,710.31 ($57,986.92) (-0.34%)
Readers love a good fight. And our first takeover stoush of 2022 is a cracker, with at least one kid taking the long way home while figuring out how to explain the rip in his school jumper to mum.
Emerald Resources has called a trading halt after a dissident shareholder of its takeover target Bullseye Mining complained to the Takeovers Panel: https://t.co/6d8F5thk9P pic.twitter.com/g2p4v0Clb0
— Stockhead (@StockheadAU) January 10, 2022
They also loved reading about Kingfisher Mining’s (ASX:KFM) promising results from a late 2021 drilling program, which include an “impressive” 12m at 1.12% total rare earth oxides (TREO) at the ‘Mick Well’ prospect, including a “rather wonderful” 4m long high-grade chunk grading 1.73% TREO.
• @KingfisherASX pulls up “impressive” 12m at 1.12% total rare earth oxides (TREO)
• @TrakaResources hits up to hit up to 57.4g/t gold
• Lithium minnows @RagnarMetals, @peregrinegold up on no news#ASX $KFM $TKL $RAG $HIO $PGD
https://t.co/zXF5f2eG5f— Stockhead (@StockheadAU) January 10, 2022
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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.
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Price | % | Volume |
---|---|---|---|---|
PCL | Pancontinental Energ | 0.002 | 100.0% | 11,435,541 |
ALT | Analytica Limited | 0.002 | 33.3% | 277,364 |
KFM | Kingfisher Mining | 0.24 | 33.3% | 7,032,700 |
NAE | New Age Exploration | 0.013 | 30.0% | 28,972,208 |
FAU | First Au Ltd | 0.012 | 26.3% | 11,158,006 |
GTG | Genetic Technologies | 0.005 | 25.0% | 1,208,040 |
ESS | Essential Metals Ltd | 0.255 | 24.4% | 7,408,688 |
TKL | Traka Resources | 0.016 | 23.1% | 6,242,778 |
RNU | Renascor Res Ltd | 0.21 | 20.0% | 40,152,512 |
GGX | Gas2Grid Limited | 0.003 | 20.0% | 2,560,200 |
BIR | BIR Financial Ltd | 0.037 | 19.4% | 759,532 |
LEL | Lithenergy | 1.135 | 17.0% | 822,228 |
CRR | Critical Resources | 0.062 | 17.0% | 8,171,001 |
OEX | Oilex Ltd | 0.0035 | 16.7% | 968,673 |
AJQ | Armour Energy Ltd | 0.022 | 15.8% | 7,944,793 |
GWR | GWR Group Ltd | 0.22 | 15.8% | 1,148,284 |
QXR | Qx Resources Limited | 0.038 | 15.2% | 33,887,717 |
EMS | Eastern Metals | 0.23 | 15.0% | 779,748 |
That Kingfisher news also translated into spicy returns on the stock market. A 33% pop to 0.24c is a great way to kick off 2022.
And something’s up with gold explorer First AU (ASX:FAU), which ripped higher at the opening bell before going into a trading halt pending a further announcement regarding a proposed acquisition. Woo.
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Price | % | Volume |
---|---|---|---|---|
NPM | Newpeak Metals | 0.001 | -50.0% | 9,005,471 |
BAS | Bass Oil Ltd | 0.0015 | -25.0% | 2,872,500 |
CTQ | Careteq Limited | 0.16 | -20.0% | 1,958,156 |
CGB | Cann Global Limited | 0.002 | -20.0% | 300,002 |
EVE | EVE Health Group Ltd | 0.004 | -20.0% | 2,412,387 |
KEY | KEY Petroleum | 0.002 | -20.0% | 300,000 |
SBR | Sabre Resources | 0.004 | -20.0% | 853,846 |
SPQ | Superior Resources | 0.06 | -17.8% | 82,084,617 |
UUL | Ultima Utd Ltd | 0.41 | -17.2% | 49,355 |
ROO | Roots Sustainable | 0.005 | -16.7% | 1,333,841 |
ALY | Alchemy Resource Ltd | 0.011 | -15.4% | 927,012 |
AJY | Asaplus Resources | 0.034 | -15.0% | 2,794 |
LRV | Larvottoresources | 0.17 | -15.0% | 595,596 |
DDD | 3D Resources Limited | 0.003 | -14.3% | 1,669,037 |
MBK | Metal Bank Ltd | 0.006 | -14.3% | 1,814,283 |
OLH | Oldfields Holdings | 0.06 | -14.3% | 105,114 |
Not much to see here. Superior Resources (ASX:SPQ) was the only mover on decent volume, down 17.8% on its mystery 100pc+ rise just before the new year.