On Stockhead today, can sports betting stocks bounce back, market volatility hits ETF sector, and just how big a deal is that extra Pilbara port capacity?
But first … the day ahead.
TRADING HALTS
The following companies are in Trading Halts and are expected out in the coming days.
Bowen Coking Coal (ASX:BCB) – capital raise
Critical Resources (ASX:CRR) – capital raise
Advanced Human Imaging (ASX:AHI) – pending announcement
Greenstone Resources (ASX:GSR) – capital raising
Avira Resources (ASX:AVW) – capital raising, project acquisition
Rafaella Resources Ltd (ASX:RFR) – capital raising
MARKETS (update at 7.30am AEDT)
Gold: US$1853.50 (-0.92%)
Silver: US$23.37 (-1.91%)
Oil (WTI): $US91.84 (-3.79%)
Oil (Brent): US$93.10 (-3.50%)
Aust Coking Coal (steelmaking): $432.30/t (+0.5%)
Newcastle Coal (thermal): $197/t (0.00%)
Iron 62pc Fe: $US144.89 (-1.27%)
AUD/USD: 0.7151 (+0.34%)
Bitcoin: US$44,135 ($61,718) (+1.37%)
ASX 200 Mar Futures: 7,166 (+0.88%)
WHAT GOT YOU TALKING YESTERDAY?
Has war been averted? It is too early to say for sure, but oil dropped and US Futures immediately jumped +300 points on news Russia was pulling back some troops.
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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 BIGGEST 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 |
|---|---|---|---|---|
| ALT | Analytica Limited | 0.002 | 100% | 429,938 |
| TKL | Traka Resources | 0.015 | 25% | 737,800 |
| AIQ | Alternative Invest | 0.125 | 25% | 175 |
| OAR | OAR Resources Ltd | 0.006 | 20% | 26,891,794 |
| PGD | Peregrine Gold | 0.67 | 18% | 440,179 |
| BRX | Belararoxlimited | 0.405 | 17% | 438,898 |
| ARO | Astro Resources NL | 0.007 | 17% | 1,555,592 |
| LNY | Laneway Res Ltd | 0.007 | 17% | 1,002,511 |
| MBK | Metal Bank Ltd | 0.007 | 17% | 2,657,259 |
| ROG | Red Sky Energy. | 0.007 | 17% | 7,594,710 |
| IS3 | I Synergy Group Ltd | 0.115 | 16% | 9,691 |
| RAN | Range International | 0.015 | 15% | 1,248,572 |
| AXP | AXP Energy Ltd | 0.008 | 14% | 41,768,270 |
| TSC | Twenty Seven Co. Ltd | 0.004 | 14% | 39,851,483 |
| SGM | Sims Limited | 17.04 | 14% | 2,413,274 |
| IEC | Intra Energy Corp | 0.025 | 14% | 839,113 |
| KNM | Kneomedia Limited | 0.017 | 13% | 1,774,543 |
| CV1 | Cv Check Ltd | 0.13 | 13% | 327,373 |
| DBO | Diabloresources | 0.13 | 13% | 153,768 |
| OEC | Orbital Corp Limited | 0.235 | 12% | 387,420 |
| ARC | ARC Funds Limited | 0.66 | 12% | 20,941 |
| LLO | Lion One Metals Ltd | 1.395 | 12% | 12,059 |
| PPY | Papyrus Australia | 0.068 | 11% | 396,567 |
| WGR | Westerngoldresources | 0.15 | 11% | 29,278 |
| FAU | First Au Ltd | 0.01 | 11% | 820,161 |
Oar Resources (ASX:OAR) is about to fly an EM survey over the ‘Crown’ nickel-copper-cobalt project, just 8km from Chalice Mining’s (ASX:CHN) world-class ‘Gonneville’ polymetallic discovery in WA.
The EM survey is aimed at identifying maiden drilling targets.
A company controlled by billionaire prospector Mark Creasy has scooped up a 9.6% stake in gold-lithium explorer Peregrine Gold (ASX:PGD) for $2.25m.
Cashed-up PGD now has ~$5.5m to accelerate exploration on its portfolio of gold and lithium projects, which has rapidly expanded since listing in March 2021.
Small gas producer AXP Energy (ASX:AXP) has permission to use its stranded natural gas assets in Colorado to power a third party cryptocurrency mining operation.
“While initial gas sales volumes are modest, delivering reliable supply to [crypto miner] EMI in the first instance is the key catalyst to then scaling up operations and thus production and we look forward to updating shareholders on progress,” CEO Tim Hart says.
And recycling specialist Sims Ltd (ASX:SGM) jumped 16% after delivering revenues of $4.26b, up 73.9% on the prior corresponding period (pcp). Bottom line earnings before interest and tax was $361.7m — up a massive 541% on pcp.
YESTERDAY’S BIGGEST 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 |
|---|---|---|---|---|
| EN1 | Engage:Bdr Limited | 0.001 | -50.0% | 303,431 |
| CAQ | CAQ Holdings Ltd | 0.013 | -48.0% | 19,811 |
| ANL | Amani Gold Ltd | 0.001 | -33.3% | 8,593,572 |
| CCE | Carnegie Cln Energy | 0.002 | -33.3% | 5,648,115 |
| 9SP | 9 Spokes Int Limited | 0.006 | -25.0% | 8,751,845 |
| BAS | Bass Oil Ltd | 0.0015 | -25.0% | 4,066,401 |
| TEG | Triangle Energy Ltd | 0.016 | -23.8% | 7,067,394 |
| HLF | Halo Food Co. Ltd | 0.1 | -23.1% | 8,858,132 |
| SGQ | St George Min Ltd | 0.047 | -23.0% | 12,740,328 |
| SIH | Sihayo Gold Limited | 0.007 | -22.2% | 980,001 |
| CLE | Cyclone Metals | 0.004 | -20.0% | 3,253,351 |
| GTG | Genetic Technologies | 0.004 | -20.0% | 613,144 |
| NTL | New Talisman Gold | 0.002 | -20.0% | 5,952,720 |
| OEX | Oilex Ltd | 0.004 | -20.0% | 6,131,195 |
| BSX | Blackstone Ltd | 0.48 | -19.3% | 10,694,811 |
| BOC | Bougainville Copper | 0.625 | -18.3% | 432,272 |
| TAS | Tasman Resources Ltd | 0.02 | -16.7% | 3,456,515 |
| TMK | Tamaska Oil Gas Ltd | 0.01 | -16.7% | 8,368,545 |
| MAY | Melbana Energy Ltd | 0.066 | -16.5% | 105,424,336 |
| LBY | Laybuy Group Holding | 0.105 | -16.0% | 4,057,038 |
| LDR | Lode Resources | 0.185 | -15.9% | 966,272 |
| ODM | Odin Metals Limited | 0.027 | -15.6% | 4,238,308 |
| MCM | Mc Mining Ltd | 0.081 | -14.7% | 2,400 |
| MRI | Myrewardsinternation | 0.094 | -14.5% | 2,564,030 |
| ADY | Admiralty Resources. | 0.018 | -14.3% | 437,563 |