Good morning.
On Stockhead today, what commodity wins from China’s 5% growth target? The risk indicator that helps you choose your stock. And why Wealth Within reckons AI in Australia is on cusp of ‘remarkable growth’.
Have at it.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$2,127.90 (+0.61%)
Silver: US$23.67 (-0.86%)
Nickel (3mth): US$17,945/t (-1.60%)
Copper (3mth): US$8,542.50/t (+0.46%)
Oil (WTI): US$78.20 (-0.68%)
Oil (Brent): US$82.06 (-0.89%)
Iron 62pc Fe: US$116.21/t (-0.62%)
AUD/USD: 0.6503 (-0.1%)
Bitcoin: US$63,204 (-6.4%)
WHAT GOT YOU TALKING
Eddy Sunarto with a report on Tech That Makes you go Woooo:
ASX SMALL CAP LEADERS
Yesterday’s best performing small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Name | Price | % Change | Volume | Market Cap |
---|---|---|---|---|---|
JAV | Javelin Minerals Ltd | 0.20 | 100.00 | 256,000 | $2,176,231 |
PRX | Prodigy Gold NL | 0.50 | 66.67 | 2,100,077 | $5,253,323 |
AUQ | Alara Resources Ltd | 5.10 | 37.84 | 6,519,005 | $26,569,239 |
PGC | Paragon Care Limited | 28.00 | 36.59 | 6,670,545 | $136,912,977 |
AUH | Austchina Holdings | 0.40 | 33.33 | 9,634,087 | $6,233,651 |
AUK | Aumake Limited | 0.40 | 33.33 | 1,785,300 | $5,743,220 |
TRE | Toubani Res Ltd | 14.00 | 33.33 | 118,995 | $14,055,895 |
DYM | Dynamicmetalslimited | 21.00 | 31.25 | 8,417,482 | $5,760,000 |
FIN | FIN Resources Ltd | 1.90 | 26.67 | 720,944 | $9,739,031 |
ARD | Argent Minerals | 1.20 | 26.32 | 3,519,273 | $12,271,711 |
VBS | Vectus Biosystems | 25.00 | 25.00 | 10,000 | $10,641,872 |
AL8 | Alderan Resource Ltd | 0.50 | 25.00 | 6,340,936 | $4,427,445 |
EDE | Eden Inv Ltd | 0.25 | 25.00 | 1,000,000 | $7,356,542 |
PUA | Peak Minerals Ltd | 0.25 | 25.00 | 200,448 | $2,082,753 |
AI1 | Adisyn Ltd | 2.60 | 23.81 | 669,517 | $3,703,341 |
WWI | West Wits Mining Ltd | 1.60 | 23.08 | 10,582,329 | $31,595,091 |
CYL | Catalyst Metals | 60.50 | 21.00 | 766,915 | $110,078,772 |
NHE | Nobleheliumlimited | 10.50 | 20.69 | 2,632,009 | $31,848,243 |
FTC | Fintech Chain Ltd | 2.40 | 20.00 | 80,734 | $13,015,392 |
GCM | Green Critical Min | 0.60 | 20.00 | 526,170 | $5,682,925 |
AAR | Astral Resources NL | 6.10 | 19.61 | 601,898 | $40,447,974 |
HTA | Hutchison | 3.10 | 19.23 | 28,554 | $352,885,223 |
AWJ | Auric Mining | 16.50 | 17.86 | 3,454,323 | $18,320,343 |
AVE | Avecho Biotech Ltd | 0.35 | 16.67 | 17,125 | $9,507,891 |
TAR | Taruga Minerals | 0.70 | 16.67 | 449,969 | $4,236,161 |
Alara Resources (ASX:AUQ) has completed the commissioning and the commencement of concentrate production at its Wash-hi – Majaza Mine and copper concentrate plant in Oman.
AUQ says production will ramp up to full capacity over the next two to three months.
The sale of the first shipment – approximately 1000 dry metric tons of copper concentrate – to Trafigura is expected in April 2024.
Dynamic Metals (ASX:DYM) has entered a lucrative farm-in and joint venture agreement with Mineral Resources (ASX:MIN) over the lithium rights to its Widgiemooltha project in the WA Goldfields. The Chris Ellison-company is eligible to earn up to 80% of the tenements via a total exploration spend of $20 million, through to a decision to mine.
Fin Resources (ASX:FIN) has been buoyed by a review of work carried out historically on its Ross project in Quebec which identified highly anomalous uranium in soil sampling, including up to 1,486ppm U3O8 associated with low thorium.
Noble Helium (ASX:NHE) says its plans to monetise the helium potential of its North Rukwa project in Tanzania have received a major boost after further detailed analysis and integration of well data indicates the probable free gas cap at Mbelele to be six times larger than originally mapped.
Telix Pharma (ASX:TLX) rose 2% after proposing to acquire Canada-based diagnostic imaging isotope specialist ARTMS for $US42.5M worth of TLX shares upfront, and a further $US15m in earnouts.
And Nova Eye Medical (ASX:EYE) has reported a record sales month for February with US$0.99 million (A$1.52 million) in the bank following improved uptake of its iTrack Advance glaucoma surgical devices.
ASX SMALL CAP LAGGARDS
Yesterday’s best performing small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Name | Price | % Change | Volume | Market Cap |
---|---|---|---|---|---|
MSG | Mcs Services Limited | 0.40 | -55.56 | 3,730,162 | $1,782,897 |
1MC | Morella Corporation | 0.30 | -25.00 | 723,890 | $24,715,198 |
AHN | Athena Resources | 0.30 | -25.00 | 1,703,597 | $4,281,870 |
IS3 | I Synergy Group Ltd | 0.60 | -25.00 | 1,132,723 | $2,432,643 |
MRQ | Mrg Metals Limited | 0.15 | -25.00 | 89,550 | $4,942,682 |
OPN | Oppenneg | 0.60 | -25.00 | 1,246,633 | $9,033,437 |
SUH | Southern Hem Min | 3.60 | -23.40 | 150,000 | $27,754,711 |
STM | Sunstone Metals Ltd | 1.00 | -23.08 | 18,274,208 | $45,508,470 |
X2M | X2M Connect Limited | 4.10 | -21.15 | 259,018 | $13,120,219 |
JPR | Jupiter Energy | 1.90 | -20.83 | 90,830 | $30,567,653 |
AN1 | Anagenics Limited | 1.20 | -20.00 | 699,129 | $6,286,993 |
CTO | Citigold Corp Ltd | 0.40 | -20.00 | 3,962,224 | $15,000,000 |
LRL | Labyrinth Resources | 0.40 | -20.00 | 178,526 | $5,937,719 |
NAE | New Age Exploration | 0.40 | -20.00 | 135,856 | $8,969,495 |
ROG | Red Sky Energy. | 0.40 | -20.00 | 530,375 | $27,111,136 |
SI6 | SI6 Metals Limited | 0.40 | -20.00 | 7,414,996 | $9,969,297 |
TMK | TMK Energy Limited | 0.40 | -20.00 | 31,664 | $30,612,897 |
ODY | Odyssey Gold Ltd | 1.70 | -19.05 | 1,854,384 | $18,876,294 |
NMR | Native Mineral Res | 2.20 | -18.52 | 323,879 | $5,663,264 |
CBY | Canterbury Resources | 2.70 | -18.18 | 147,902 | $5,667,450 |
HAL | Halo Technologies | 11.50 | -17.86 | 23,150 | $18,129,330 |
ABE | Ausbondexchange | 1.50 | -16.67 | 234,641 | $2,028,026 |
AQI | Alicanto Min Ltd | 3.00 | -16.67 | 1,284,260 | $22,152,125 |
HT8 | Harris Technology Gl | 1.00 | -16.67 | 876,234 | $3,589,626 |
JTL | Jayex Technology Ltd | 0.50 | -16.67 | 1,489,300 | $1,687,671 |
TRADING HALTS
Austchina Holdings (ASX:AUH) – pending announcement release
Prominence Energy (ASX:PRM) – requested extension of voluntary suspension pending a release on project investment component