On Stockhead today, seven ways to trade like Rick Rule, a chat with the CEO of today’s zinc-copper debutante, and Elon Musk backs… iron?
But first … the day ahead.
WHO’S LISTING?
Firebrick Pharma (ASX:FRE) – which developed a nasal spray medicine that targets the viral cause of the common cold — is scheduled to list 28 January at 12:30pm AEDT. It raised ~$7m at 20c per share.
Belararox Limited (ASX:BRX) is focused on developing the Belara Project and the secondary Bullabulling Project tenements located in New South Wales and Western Australia respectively, which it says have the potential for zinc, copper, gold, silver, nickel and lead resources.
Scheduled to list at 1.30pm AEDT, after IPOing with $6m at $0.20.
TRADING HALTS
The following companies are in trading halts and are expected out in the next few trading days:
Agrimin Ltd (ASX:AMN) — Capital raising
Cassius Mining (ASX:CMD) — Tenement acquisition / capital raising
Zenith Minerals (ASX:ZNC) — Exploration update
Superior Resources (ASX:SPQ) — Capital raising
Comet Resources (ASX:CML) — Acquisition
Veris Ltd (ASX:VRS) — Divestment transaction
Westar Resources (ASX:WSR) — Exploration results
IODM Ltd (ASX:IOD) — Capital raising
Rumble Resources (ASX:RTR) — Exploration results
MARKETS (prices updated at 8.00am AEDT)
Gold: $US1,795.03 ($2,553.38) (-1.27%)
Silver: $US22.72 (-3.21%)
Oil (WTI): $US87.00 (-0.40%)
Oil (Brent): $US89.64 (-0.38%)
Coal: $US227.80 (+0.22%)
Iron 62pc Fe: $US129.40 (-0.42%)
AUD/USD: $US0.7030 (-1.19%)
Bitcoin: $US35,919 ($51,093) (-2.93%)
WHAT GOT YOU TALKING YESTERDAY?
It’s not just lithium we need to worry about.
And threads like this are always worth a looksee.
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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.
YESTERDAY’S WINNERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| AUQ | Alara Resources Ltd | 0.043 | 53.6% | 4,579,032 |
| DM1 | Desert Metals | 0.55 | 42.9% | 561,779 |
| CLE | Cyclone Metals | 0.004 | 33.3% | 9,270,574 |
| MSI | Multistack | 0.04 | 33.3% | 281,067 |
| HAR | Haranga Resources | 0.26 | 30.0% | 2,322,255 |
| CCE | Carnegie Cln Energy | 0.0025 | 25.0% | 5,400,332 |
| GTG | Genetic Technologies | 0.005 | 25.0% | 3,789,562 |
| PCL | Pancontinental Energ | 0.0025 | 25.0% | 181,707,013 |
| SI6 | SI6 Metals Limited | 0.011 | 22.2% | 5,239,875 |
| WLD | Wellard Limited | 0.12 | 20.0% | 1,132,395 |
| SE1 | Sensera Ltd | 0.019 | 18.8% | 3,297,348 |
| BDX | Bcaldiagnostics | 0.115 | 17.3% | 26,079 |
| CBE | Cobre | 0.095 | 17.3% | 366,808 |
| LRV | Larvottoresources | 0.175 | 16.7% | 929,197 |
| AOA | Ausmon Resorces | 0.007 | 16.7% | 2,468,921 |
| CT1 | Constellation Tech | 0.007 | 16.7% | 415,797 |
| HFY | Hubify Ltd | 0.058 | 16.0% | 109,681 |
| CZR | CZR Resources Ltd | 0.008 | 14.3% | 201,671 |
| TMX | Terrain Minerals | 0.008 | 14.3% | 100,000 |
| IAM | Income Asset | 0.285 | 14.0% | 45,990 |
| RML | Resolution Minerals | 0.017 | 13.3% | 1,265,381 |
| IS3 | I Synergy Group Ltd | 0.051 | 13.3% | 5,000 |
| OSX | Osteopore Limited | 0.26 | 13.0% | 16,400 |
| LV1 | Live Verdure Ltd | 0.4 | 12.7% | 20,034 |
| AT1 | Atomo Diagnostics | 0.225 | 12.5% | 5,165,857 |
Alara Resources (ASX:AUQ) announced that construction of a 325-person accommodation village at the Wash-hi Majaza copper-gold project in Oman was complete.
The near-term producer is set to be a direct beneficiary of sky-high copper prices, with construction of the 51% owned project due for completion late 2022.
Africa-based gold and uranium explorer Haranga Resources (ASX:HAR) launched its IPO with a successful debut, finishing 30% higher after raising $6.5m at 20c per share.
YESTERDAY’S LOSERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| NPM | Newpeak Metals | 0.001 | -33.3% | 8,252,031 |
| BTR | Brightstar Resources | 0.047 | -29.9% | 9,339,187 |
| ANL | Amani Gold Ltd | 0.0015 | -25.0% | 2,257,170 |
| T3D | 333D Limited | 0.003 | -25.0% | 20,179,894 |
| WOO | Wooboard Tech Ltd | 0.0015 | -25.0% | 13,104,238 |
| AFW | Applyflow Limited | 0.004 | -20.0% | 8,867,347 |
| HT8 | Harris Technology | 0.075 | -19.4% | 2,364,535 |
| GSN | Great Southern | 0.044 | -18.5% | 6,107,309 |
| ODM | Odin Metals Limited | 0.02 | -16.7% | 671,937 |
| BCK | Brockman Mining Ltd | 0.041 | -16.3% | 305,973 |
| AJY | Asaplus Resources | 0.026 | -16.1% | 27,263 |
| WIA | WIA Gold Limited | 0.063 | -16.0% | 1,178,819 |
| GMR | Golden Rim Resources | 0.105 | -16.0% | 1,245,404 |
| GRX | Greenx Metals Ltd | 0.215 | -15.7% | 4,655 |
| XTC | Xantippe Res Ltd | 0.0085 | -15.0% | 71,802,069 |
| HPG | Hipages Group | 2.84 | -14.5% | 1,037,018 |
| MBK | Metal Bank Ltd | 0.006 | -14.3% | 931,162 |
| NGY | Nuenergy Gas Ltd | 0.025 | -13.8% | 397,362 |
| BPM | BPM Minerals | 0.19 | -13.6% | 259,267 |
| LDR | Lode Resources | 0.19 | -13.6% | 227,265 |
| ZEO | Zeotech Limited | 0.057 | -13.6% | 12,372,007 |
| SLM | Solismineralsltd | 0.16 | -13.5% | 142,329 |
| RFX | Redflow Limited | 0.039 | -13.3% | 4,151,081 |
| TOY | Toys R Us | 0.13 | -13.3% | 513,138 |
Brightstar Resources (ASX:BTR) fell by around 30% after presenting the final tranche of results from an RC drilling program at its Cork Tree Well project, located in the Laverton Gold belt of Western Australia.
Ecommerce play Harris Technology (ASX:HT8) also slumped following the release of its quarterly 4C filing. HT8 booked Q2 sales of $13.66m and had net operating cash outflows of $2.294m.