Good morning everyone, and welcome to Thursday – the day of the week that most reminds me of an elderly Volvo sedan I once owned.
It was baby-poo yellow, except for the rust, none of the windows worked – they happily went down, never to be seen again – and it had a hole in the fuel tank that would piddle petrol everywhere I went, unless I left the petrol cap slightly unscrewed to relieve the pressure in the tank.
I tried for months to fix that leak – tried everything from gaffer tape to sheets of fibreglass – and eventually fixed it after reading in a magazine that a half-chewed Mintie, once thumbed across the leak, would set rock-hard and my troubles would be over.
It worked like a charm, lasting precisely two days before a wayward geriatric decided his equally geriatric Kingswood would look a lot nicer in the parcel of Parramatta Road that the back half of my Volvo was currently in.
So… yeah. Thursdays are like surviving a horror car crash in a poop-yellow Volvo, because we’ve all gotta take the good with the bad.
Please join me in imploring Ghosts of Portfolios Past for a better Thursday than that.
Anyway… to get your day started off right, we’ve got some top-notch information that you’re definitely going to want to get stuck into before anyone else does.
That includes the always-delightful Jess Cummins previewing the Resources Rising Stars Twilight Series, rolling out across Brisbane, Sydney and Melbourne at the end of the month – definitely worth a look-in if you’re in the mood to talk details with representatives from the likes of Gascoyne Resources (ASX:GCY) and Silver Lake Resources (ASX:SLR).
And the unstoppable Nadine McGrath has this timely look at some ASX-listed agriculture stocks that are working to ensure Australia’s future food security, as that naughty El Nino rascal gears up to turn the nation into a sweaty, blistering hell hole once more.
There’s more where that came from, too – but before you go diving into the mountain of words we’re bringing you this morning, here’s a few facts, figures and other stuff starting with F to make sure you’re prepped for whatever this Thursday might bring.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1976.47 (-0.11%)
Silver: $US25.15 (+0.30%)
Nickel (3mth): $US20,900/t (-0.87%)
Copper (3mth): $US8432.50/t (-0.48%)
Oil (WTI): $US75.02 (-0.96%)
Oil (Brent): $US78.29 (-1.68%)
Iron 62pc Fe: $US112.08/t (-0.08%)
AUD/USD: 0.6774 (+0.3%)
Bitcoin: $US29,933.54 (+0.45%)
WHAT GOT YOU TALKING?
When too much information about obscure minerals is never enough.
Gallium, gallium, wherefore art thou, gallium? (and germanium)https://t.co/yczGqTIxr5 #metals #metal #semiconductors #explorers #China
— Stockhead (@StockheadAU) July 18, 2023
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.
YESTERDAY’S ASX SMALL CAP LEADERS
Here are the best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code Company Price % Volume Market Cap CCE Carnegie Cln Energy 0.0015 50% 1,321,393 $15,642,574 PEC Perpetual Res Ltd 0.015 36% 2,475,049 $6,000,324 1ST 1St Group Ltd 0.008 33% 4,067,277 $8,501,947 TAS Tasman Resources Ltd 0.008 33% 656,973 $4,276,016 AYT Austin Metals Ltd 0.009 29% 590,000 $7,111,123 CVR Cavalierresources 0.15 25% 35,730 $3,819,470 DCX Discovex Res Ltd 0.0025 25% 35,800 $6,605,136 IEC Intra Energy Corp 0.005 25% 6,940,428 $6,483,126 ME1 Melodiol Glb Health 0.01 25% 8,613,990 $21,508,430 MTB Mount Burgess Mining 0.005 25% 35,732,918 $3,532,684 OPN Oppenneg 0.01 25% 4,051,861 $1,940,240 ROO Roots Sustainable 0.005 25% 42,994 $554,889 DRO Droneshield Limited 0.375 23% 12,288,749 $179,005,601 IPD Impedimed Limited 0.225 22% 23,178,739 $373,474,588 YAR Yari Minerals Ltd 0.017 21% 1,838,130 $6,753,009 1CG One Click Group Ltd 0.018 20% 3,572,520 $9,211,063 SLM Solismineralsltd 0.66 18% 3,973,101 $35,286,341 AQX Alice Queen Ltd 0.02 18% 512,632 $2,150,752 GBZ GBM Rsources Ltd 0.021 17% 409,500 $11,087,301 IPT Impact Minerals 0.0175 17% 22,058,039 $42,670,558 ATH Alterity Therap Ltd 0.007 17% 460,151 $14,639,386 AUZ Australian Mines Ltd 0.028 17% 1,357,554 $15,691,737 PRX Prodigy Gold NL 0.007 17% 51,129 $10,506,647 SRZ Stellar Resources 0.014 17% 2,763,742 $12,071,571 TGM Theta Gold Mines Ltd 0.1 16% 726,384 $60,206,451
Some standouts:
Carnegie Clean Energy (ASX:CCE): +50% on no fresh news specifically that we can see, other than catching a nice breaker on the rolling Energy sector waves.
Perpetual Resources (ASX:PEC): +36% > As we note further below in Trading Halts, there’s an announcement on its way from the company regarding a potential acquisition. Meanwhile, Reubs has noted the following:
“PEC is chipping away at its flagship 137Mt Beharra silica sands project 300km north of Perth.
“A painfully slow environmental approvals process – thanks to ‘extended Government processing delays’ – is now in its final stages.”
Reuben also has some good intel on Theta Gold Mines (ASX:TGM), which is up 16.28% today at close.
YESTERDAY’S ASX SMALL CAP LAGGARDS
Here are the worst performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code Company Price % Volume Market Cap AJQ Armour Energy Ltd 0.002 -33% 8,761,186 $14,764,026 VPR Volt Power Group 0.001 -33% 13,296,733 $16,074,312 PEN Peninsula Energy Ltd 0.1325 -26% 27,314,763 $226,269,001 AXP AXP Energy Ltd 0.0015 -25% 898,301 $11,649,361 DOU Douugh Limited 0.006 -25% 3,893,632 $7,871,187 KNM Kneomedia Limited 0.003 -25% 142,818 $6,019,141 MCT Metalicity Limited 0.0015 -25% 1,018,679 $7,472,172 YPB YPB Group Ltd 0.003 -25% 237,333 $2,973,846 DSE Dropsuite Ltd 0.28 -24% 27,043,734 $256,313,341 WSR Westar Resources 0.029 -22% 19,506,617 $6,858,228 FGL Frugl Group Limited 0.011 -21% 613,363 $13,384,868 ZEU Zeus Resources Ltd 0.017 -19% 10,181,044 $9,644,901 AHN Athena Resources 0.005 -17% 318,900 $6,422,805 BP8 Bph Global Ltd 0.0025 -17% 1,483,474 $4,004,189 CCO The Calmer Co Int 0.0025 -17% 1,300,000 $1,692,233 SFG Seafarms Group Ltd 0.005 -17% 59,271 $29,019,595 TMX Terrain Minerals 0.005 -17% 14,669,214 $6,499,196 WHK Whitehawk Limited 0.032 -16% 2,198,877 $9,749,302 LML Lincoln Minerals 0.011 -15% 8,790,426 $18,469,254 ARD Argent Minerals 0.012 -14% 2,893,481 $16,505,737 EXL Elixinol Wellness 0.012 -14% 170,238 $6,397,879 FFT Future First Tech 0.006 -14% 23,540,405 $5,003,856 MOH Moho Resources 0.012 -14% 542,733 $3,634,089 AUE Aurumresources 0.125 -14% 55,000 $3,625,000 SVG Savannah Goldfields 0.091 -13% 108,550 $20,564,086
TRADING HALTS
Tymlez (ASX:TYM) – Capital raising.
Black Canyon (ASX:BCA) – Capital raising.
Botanix Pharmaceuticals (ASX:BOT) – Capital raising and a pending announcement regarding a royalty acquisition.
PolarX (ASX:PXX) – Capital raising.
Energy Transition Minerals (ASX:ETM) – Pending an announcement on the lodgment of a Statement of Claim with an arbitration tribunal in Copenhagen.
Greenwing Resources (ASX:GW1) – Pending an announcement regarding the company’s funding arrangements. This halt could last as long as the commencement of trading on Friday, Greenwing advised.
Gold Mountain (ASX:GMN) – Capital raising.
Top Shelf International Holdings (ASX:TSI) – Capital raising.
Perpetual Resources (ASX:PEC) – Pending an announcement regarding a potential acquisition.
The post Rise and Shine: Everything you need to know before the ASX opens appeared first on Stockhead.
