On Stockhead today, how to invest in the chip crisis, Ron Shamgar’s inflation stock tips, and why palladium’s on a rocket.
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
Javelin Minerals (ASX:JAV) – capital raising
Laneway Resources (ASX:LNY) – proposed acquisition of gold assets
Comms Group (ASX:CCG) – acquisition
MARKETS (prices updated at 8am AEDT)
Gold: $US1,805.97 ($2,532.56) (-0.03%)
Silver: $US22.39 (-1.04%)
Oil (WTI): $US90.04 (+2.04%)
Oil (Brent): $US90.95 (+1.65%)
Coal: $US216 (-1.82%)
Iron 62pc Fe: $US139.98 (+0.00%)
AUD/USD: $US0.7131 (-0.08%)
Bitcoin: $US36,403 ($51,049) (-2.72%)
WHAT GOT YOU TALKING YESTERDAY?
Meta/Facebook was crushed after missing analyst expectations, and Mark Zuckerberg lost ~$US24bn in personal wealth (on paper). Has the tech behemoth peaked?
Here’s a peek at what the top 10 resources IPOs of 2021 are doing in 2022 to keep their share prices movin’.
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.
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 |
|---|---|---|---|---|
| WOO | Wooboard Tech Ltd | 0.002 | 100.0% | 623,379 |
| SRN | Surefire Rescs NL | 0.015 | 36.4% | 32,567,596 |
| XST | Xstate Resources | 0.004 | 33.3% | 14,894,784 |
| ICN | Icon Energy Limited | 0.014 | 27.3% | 314,555 |
| BNZ | Benzmining | 0.71 | 25.7% | 1,073,855 |
| CCE | Carnegie Cln Energy | 0.0025 | 25.0% | 32,437,198 |
| YPB | YPB Group Ltd | 0.0025 | 25.0% | 700,000 |
| NUF | Nufarm Limited | 5.58 | 20.0% | 7,382,477 |
| EVZ | EVZ Limited | 0.155 | 19.2% | 66,563 |
| TBA | Tombola Gold Ltd | 0.032 | 18.5% | 2,871,947 |
| PRM | Prominence Energy | 0.013 | 18.2% | 10,559,960 |
| KGD | Kula Gold Limited | 0.049 | 16.7% | 24,307,446 |
| X2M | X2M Connect Limited | 0.175 | 16.7% | 142,171 |
| ARE | Argonaut Resources | 0.0035 | 16.7% | 8,726,120 |
| CT1 | Constellation Tech | 0.007 | 16.7% | 1,270,781 |
| GLV | Global Oil & Gas | 0.028 | 16.7% | 19,492,127 |
| PCL | Pancontinental Energ | 0.0035 | 16.7% | 24,706,492 |
| LAW | Lawfinance Ltd | 0.65 | 16.1% | 11,070 |
| JXT | Jaxstaltd | 0.045 | 15.4% | 1,177,454 |
| ADY | Admiralty Resources. | 0.016 | 14.3% | 437,024 |
| AO1 | Assetowl Limited | 0.004 | 14.3% | 3,220,260 |
| AXP | AXP Energy Ltd | 0.008 | 14.3% | 5,318,568 |
| CAD | Caeneus Minerals | 0.008 | 14.3% | 19,244,391 |
| NZS | New Zealand Coastal | 0.008 | 14.3% | 1,223,227 |
| DEX | Duke Exploration | 0.16 | 14.3% | 282,020 |
Surefire Resources (ASX:SRN) defined a large exploration target (educated guess prior to drilling) at the ‘Perenjori’ iron ore project in WA.
TSX-ASX listed Benz Mining (ASX:BNZ) stumbled upon a high-grade lithium outcrop at its ‘Ruby Hill West’ (RHW) prospect, part of the ‘Eastmain’ gold project in Quebec, Canada.
Similarly, ‘augur’ drilling defined a +1.5km-long lithium cluster at Kula Gold’s (ASX:KGD) ‘Rankin Dome’ project in WA.
Agricultural stock Nufarm (ASX:NUF) says business is good, with the outlook for soft (coffee, canola, corn, lumber wheat, etc) commodity prices remaining positive. This is driving increased plantings, resulting in strong demand for crop protection products.
X2M Connect (ASX:X2M) — an IoT (Internet of Things) company which monitors and controls smart devices in the gas, water and electricity sectors — says Q2 revenues are up over 31%.
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 |
|---|---|---|---|---|
| NPM | Newpeak Metals | 0.001 | -33.3% | 1,578,139 |
| ANL | Amani Gold Ltd | 0.0015 | -25.0% | 39,991,892 |
| RAB | Adrabbit Limited | 0.033 | -23.3% | 936,165 |
| CTT | Cettire | 2.38 | -21.2% | 6,812,317 |
| OEX | Oilex Ltd | 0.004 | -20.0% | 2,044,118 |
| SCT | Scout Security Ltd | 0.038 | -15.6% | 1,169,590 |
| ATU | Atrum Coal Ltd | 0.022 | -15.4% | 1,650,424 |
| TKM | Trek Metals Ltd | 0.075 | -15.3% | 1,612,317 |
| RFR | Rafaella Resources | 0.073 | -15.1% | 6,539,101 |
| HMI | Hiremii | 0.053 | -14.5% | 2,348,342 |
| ARO | Astro Resources NL | 0.006 | -14.3% | 2,025,168 |
| NVX | Novonix Limited | 6.63 | -13.9% | 6,572,229 |
| WIA | WIA Gold Limited | 0.069 | -13.8% | 608,543 |
| AHI | Adv Human Imag Ltd | 0.41 | -13.7% | 1,497,206 |
| WC8 | Wildcat Resources | 0.033 | -13.2% | 2,336,878 |
| CRR | Critical Resources | 0.1 | -13.0% | 8,542,771 |
| AEF | Australian Ethical | 8.64 | -13.0% | 520,475 |
| DMM | Dmcmininglimited | 0.135 | -12.9% | 66,902 |
| STP | Step One Limited | 1.32 | -12.9% | 502,809 |
| MRL | Mayur Resources Ltd | 0.205 | -12.8% | 36,915 |
| CHR | Charger Metals | 0.785 | -12.3% | 711,308 |
| LIO | Lion Energy Limited | 0.05 | -12.3% | 1,607,507 |
| M3M | M3Mininglimited | 0.395 | -12.2% | 433,195 |
| AV1 | Adveritas Ltd | 0.11 | -12.0% | 206,907 |