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Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, how to survive a crypto decline, hydrogen transport proves viable(ish) and is Telstra going to space war with Elon Musk?
But first, the day ahead.
TRADING HALTS
The following companies are in trading halts and are expected out in the next few trading days:
3D Resources (ASX:DDD) – capital raise
Arcadia Minerals (ASX:AM7) — drill results from Swanson Tantalum project
3D Oil (ASX:TDO) — exploration permit
Powerhouse Ventures (ASX:PVL) – capital raise
Emperor Energy (ASX:EMP) – capital raise
MARKETS (prices updated at 8am AEDT)
Gold: $US1,806.90 ($2,530.67) (+0.35%)
Silver: $US22.65 (+0.09%)
Oil (WTI): $US88.32 (+0.12%)
Oil (Brent): $US89.57 (+0.46%)
Coal: $US220 (+0.00%)
Iron 62pc Fe: $US139.98 (+0.86%)
AUD/USD: $US0.7140 (+0.15%)
Bitcoin: $US37,593 ($52,651) (-3%%)
WHAT GOT YOU TALKING YESTERDAY?
January was all about the lithium stocks. Feb has started much the same, with ‘white gold fever’ expected to keep pushing prices higher for the foreseeable.
There are 19 stocks with lithium exposure in January’s Top 50 alone.#ASX $CRR $ESS $1MC $ARR $ZAGhttps://t.co/XkBaCYqBXa
— Stockhead (@StockheadAU) February 1, 2022
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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.
YESTERDAY’S BIGGEST SMALL CAP WINNERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| SHH | Shree Minerals Ltd | 0.022 | 100.0% | 89,544,974 |
| NPM | Newpeak Metals | 0.0015 | 50.0% | 2,156,700 |
| WOO | Wooboard Tech Ltd | 0.0015 | 50.0% | 4,087,236 |
| BCK | Brockman Mining Ltd | 0.064 | 39.1% | 2,672,044 |
| AVE | Avecho Biotech Ltd | 0.017 | 30.8% | 9,198,662 |
| LCL | Los Cerros Limited | 0.135 | 25.6% | 8,292,381 |
| AUQ | Alara Resources Ltd | 0.06 | 25.0% | 5,936,633 |
| WIN | Widgienickellimited | 0.425 | 25.0% | 4,978,817 |
| RBR | RBR Group Ltd | 0.005 | 25.0% | 14,185,713 |
| ABE | Ausbondexchange | 0.5 | 22.0% | 156,822 |
| PHO | Phosco Ltd | 0.14 | 21.7% | 268,723 |
| DM1 | Desert Metals | 0.6 | 21.2% | 231,757 |
| RNU | Renascor Res Ltd | 0.29 | 20.8% | 60,021,288 |
| KEY | KEY Petroleum | 0.003 | 20.0% | 562,500 |
| COI | Comet Ridge Limited | 0.125 | 19.0% | 345,338 |
| LRV | Larvottoresources | 0.22 | 18.9% | 579,309 |
| SFM | Santa Fe Minerals | 0.22 | 18.9% | 70,138 |
| ASH | Ashley Services Grp | 0.675 | 18.4% | 2,106,043 |
| HLF | Halo Food Co. Ltd | 0.13 | 18.2% | 3,184,317 |
| MGV | Musgrave Minerals | 0.33 | 17.9% | 3,941,839 |
| GWR | GWR Group Ltd | 0.17 | 17.2% | 533,778 |
| EBR | EBR Systems | 0.82 | 17.1% | 293,386 |
| CAE | Cannindah Resources | 0.285 | 16.3% | 800,313 |
| PGY | Pilot Energy Ltd | 0.05 | 16.3% | 3,873,371 |
| FAR | FAR Ltd | 0.5975 | 16.0% | 4,745,738 |
Technical studies highlight “excellent prospectivity” for lithium at Shree Minerals’ (ASX:SHH) ‘Dundas’ project in WA.
2021 punter favourite Renascor Resources (ASX:RNU) was conditionally approved for a $185m government loan to build its Siviour graphite project in South Australia.
(Fellow graphite stock Ecograf (ASX:EGR) and rare earths play Hastings Technology Metals (ASX:HAS) also made gains after being approved for big government loans.)
Musgrave Minerals (ASX:MGV) pulled up “exceptional” gold grades up to 381g/t at the new ‘Mosiac Lode’ and GWR Group (ASX:GWR) says the ‘C4’ iron ore mine is now back at full production following the restart of operations in early Jan.
In non-resources, pot stock Avecho Biotech (ASX:AVE) secured a product licence and supply agreement for the lucrative US recreational cannabis market.
And labour hire business Ashley Services Group (ASX:ASH) announced a 3c interim dividend – a 66.7% increase on the prior year.
YESTERDAY’S BIGGEST SMALL CAP LOSERS
(Stocks highlighted in yellow fell after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| ANW | Aus Tin Mining | 0.001 | -33.3% | 4,265,747 |
| EN1 | Engage:Bdr Limited | 0.0015 | -25.0% | 7,719,724 |
| OAU | Ora Gold Limited | 0.015 | -16.7% | 270,542 |
| SPN | Sparc Tech Ltd | 1.375 | -16.7% | 4,612,839 |
| VPR | Volt Power Group | 0.0025 | -16.7% | 2,096,962 |
| CNJ | Conico Ltd | 0.017 | -15.0% | 20,453,446 |
| CT1 | Constellation Tech | 0.006 | -14.3% | 1,851,442 |
| T3D | 333D Limited | 0.003 | -14.3% | 35,300 |
| XST | Xstate Resources | 0.003 | -14.3% | 783,774 |
| HXG | Hexagon Energy | 0.054 | -14.3% | 6,749,609 |
| HNR | Hannans Ltd | 0.043 | -14.0% | 82,624,577 |
| ICL | Iceni Gold | 0.125 | -13.8% | 783,468 |
| SUH | Southern Hem Min | 0.031 | -13.5% | 456,434 |
| E33 | East 33 Limited. | 0.135 | -12.9% | 67,412 |
| AO1 | Assetowl Limited | 0.0035 | -12.5% | 1,055,000 |
| CZR | CZR Resources Ltd | 0.007 | -12.5% | 597,000 |
| LPE | Locality Planning | 0.11 | -12.0% | 1,900 |
| NZK | NZK Salmon Ltd | 0.9 | -11.8% | 19,715 |
| PSL | Paterson Resources | 0.031 | -11.4% | 385,359 |
| BUY | Bounty Oil & Gas NL | 0.008 | -11.1% | 1,301,255 |
| SKY | SKY Metals Ltd | 0.098 | -10.9% | 166,328 |
| OZM | Ozaurum Resources | 0.125 | -10.7% | 3,870 |
| AUH | Austchina Holdings | 0.0125 | -10.7% | 23,919,496 |
| SKS | SKS Tech Group Ltd | 0.175 | -10.3% | 59,114 |
