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Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, the ASX lithium plays cashing in while the price is ridiculous, what’s on this trading week, and a couple of unloved goldies.
But first … the day ahead.
TRADING HALTS
The following companies went into trading halts yesterday and are expected out in the next few days:
Arcadia Minerals (ASX:AM7) – In a trading halt pending announcement relating to a significant geophysical anomaly at the Bitterwasser lithium project.
Arafura Rare Earths (ASX:ARU) – In a trading halt pending the release of information about a binding offtake agreement.
Jameson Resources (ASX:JAL) – The trading halt is requested pending release of an announcement in relation to a placement.
Aumake (ASX:AUK) – Entered a trading halt pending release of a capital raising announcement.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1,680.54 (+3.15%)
Silver: $US20.84 (+1.38%)
Nickel (3mth): $US23,600/t
Copper (3mth): $US7,652/t
Lithium Carbonate, China (Benchmark Minerals Intelligence, OCT 19): $US72,875/t (+111.6% year-to-date)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, OCT 19): $US71,900/t (+151.9% year-to-date)
Oil (WTI): $US92.61 (+5.04%)
Oil (Brent): $US98.74 (+4.07%)
Iron 62pc Fe: $US85.16 (+1.79%)
AUD/USD: 0.64697 (+2.84%)
Bitcoin: $US21,246 (+0.53%)
WHAT’S GOT YOU TALKING?
Move over lithium, copper was up for discussion as all seven reverse circulation holes drilled at Cosmo Metals’ (ASX:CMO) Mt Venn copper-nickel-cobalt project intersected copper mineralisation at the targetted depths.
Thick copper intersections returned from drilling at Mt Venn have confirmed Cosmo’s belief that its projects in WA’s Yamarna district host economic base metal deposits. https://t.co/8ihLwxK2LU #ad #ASX $CMO
— Stockhead (@StockheadAU) November 4, 2022
Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.
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 preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
FRIDAY’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 | % TODAY | VOLUME | MARKET CAP |
|---|---|---|---|---|---|
| ARE | Argonaut Resources | 0.002 | 100% | 5,917,379 | $5,428,537.94 |
| HIQ | Hitiq Limited | 0.088 | 83% | 956,443 | $5,431,496.78 |
| PFE | Pantera Minerals | 0.14 | 49% | 2,061,907 | $4,841,105.28 |
| CAD | Caeneus Minerals | 0.004 | 33% | 31,266,638 | $16,036,815.22 |
| CT1 | Constellation Tech | 0.004 | 33% | 954,538 | $4,413,601.11 |
| SIT | Site Group Int Ltd | 0.004 | 33% | 200,000 | $3,153,735.38 |
| BIM | Bindi Metals | 0.24 | 33% | 1,596,433 | $4,765,950.18 |
| OAR | OAR Resources Ltd | 0.0065 | 30% | 14,546,649 | $10,855,189.49 |
| ROO | Roots Sustainable | 0.0025 | 25% | 319,071 | $1,830,865.38 |
| SIH | Sihayo Gold Limited | 0.0025 | 25% | 874,000 | $12,204,256.18 |
| CU6 | Clarity Pharma | 0.82 | 18% | 183,045 | $125,928,873.68 |
| NUH | Nuheara Limited | 0.3 | 18% | 937,875 | $34,984,808.13 |
| IXU | Ixup Limited | 0.048 | 17% | 25,000 | $40,944,031.43 |
| WA1 | Wa1 Resources | 1.75 | 17% | 8,177,286 | $43,552,510.50 |
| ADX | ADX Energy Ltd | 0.007 | 17% | 2,118,026 | $21,030,177.99 |
| GTG | Genetic Technologies | 0.0035 | 17% | 569 | $27,701,895.43 |
| IMB | Intelligent Monitor | 0.145 | 16% | 40,740 | $16,337,536.88 |
| FRS | Forrestania Resources | 0.255 | 16% | 340,999 | $11,092,360.40 |
| CI1 | Credit Intelligence | 0.15 | 15% | 167,743 | $10,854,890.80 |
| TOU | Tlou Energy Ltd | 0.03 | 15% | 1,987,318 | $15,605,337.51 |
| C29 | C29 Metals | 0.23 | 15% | 1,925,834 | $7,250,125.80 |
| EMN | Euro Manganese | 0.345 | 15% | 273,865 | $76,003,434.00 |
| NWM | Norwest Minerals | 0.054 | 15% | 878,247 | $10,439,047.19 |
| ODM | Odin Metals Limited | 0.031 | 15% | 1,990,851 | $18,273,297.03 |
FRIDAY’S BIGGEST SMALL CAP LOSERS
(Stocks highlighted in pink fell after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| HGH | Heartland Group | 1.59 | -4% | 688 | $1,163,780,290.20 |
| HUB | HUB24 Ltd | 24.8 | -4% | 201,919 | $2,059,096,338.16 |
| BKL | Blackmores Limited | 65.2 | -3% | 17,543 | $1,312,968,707.57 |
| PME | Pro Medicus Limited | 53.99 | -3% | 68,366 | $5,807,477,589.33 |
| TAH | TABCORP Holdings Ltd | 0.9325 | -3% | 7,199,924 | $2,188,297,874.88 |
| RMD | ResMed Inc. | 33.33 | -3% | 961,390 | $14,196,984,282.50 |
| BXB | Brambles Limited | 11.38 | -3% | 1,647,520 | $16,232,609,045.59 |
| LFG | Liberty Fin Group | 3.41 | -3% | 46,966 | $1,062,600,000.00 |
| JLG | Johns Lyng Group | 6.51 | -3% | 228,511 | $1,744,560,316.32 |
| ORA | Orora Limited | 2.935 | -2% | 851,527 | $2,544,508,887.90 |
| Security | Description | Last | % | Volume | MktCap |
| HGH | Heartland Group | 1.59 | -4% | 688 | $1,163,780,290.20 |
| HUB | HUB24 Ltd | 24.8 | -4% | 201,919 | $2,059,096,338.16 |
| BKL | Blackmores Limited | 65.2 | -3% | 17,543 | $1,312,968,707.57 |
WHAT YOU MAY HAVE MISSED
Show cause notices have been issued to the licensees of the two Queensland casinos of Star Entertainment Group (ASX:SGR).
The notices follow findings of the Gotterson Review released in October, which Queensland’s Attorney-General Shannon Fentiman said highlighted “major failings” in Star’s operations in the Sunshine State.
Star now has 21 days to show cause as to why it should not face disciplinary action.
Concussion tech specialist HitIQ (ASX:HIQ) rose more than 100% in the past five days after announcing it had signed two lucrative multi-year contracts. HITIQ has signed a commercial agreement with Western Australian Football Commission to deploy its concussion management technology. The company has also signed a two-year software license agreement with England’s Premier League to provide its tech. The deal will cover players across all 20 teams and associated academies, and include provision of the HITIQ mouth guard sensor technology.
