Closing Bell: ASX closes in the red, bring on 2024

Estimated read time 3 min read

ASX 200 down 0.4% on last trading day of 2023
Small Cap Winners: ETR, EYE, NVX
Small Cap Losers: MKL, ADS, PUR

 

The benchmark 200 index is down 0.4% at the close. 9 out of 11 sectors were lower, led by Energy, which lost 0.80%.

Still a solid month for the bourse. Also, Hazelwood just skittled Babar with this peach:

Bowled him!

Hazlewood knocks Babar over!#AUSvPAK pic.twitter.com/VSBtvGWOvi

— 7Cricket (@7Cricket) December 29, 2023

 

FRIDAY’S LARGE CAP MOVERS

Winners

Nickel Industries (ASX:NIC) +3.7%

Mader Group (ASX:MAD) +2.5%

Sigma Healthcare (ASX:SIG) +2.3%

 

Losers

Newmont Corp (ASX:NEM) -2.5%

Northern Star (ASX:NST) -1.7%

Contact Energy (ASX:CEN) -3.7%

 

SMALL CAP LEADERS

Today’s best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap MTM MTM Critical Metals 0.065 51% 25,645,318 $4,275,795 EMU EMU NL 0.0015 50% 232,237 $2,024,771 MTL Mantle Minerals Ltd 0.003 50% 15,520,096 $12,394,892 ICG Inca Minerals Ltd 0.013 30% 114,990 $5,844,355 EYE Nova EYE Medical Ltd 0.24 26% 4,243,904 $36,219,490 BGE Bridgesaaslimited 0.05 25% 260,000 $4,775,882 SKN Skin Elements Ltd 0.005 25% 964,127 $2,357,944 AML Aeon Metals Ltd. 0.011 22% 71,999 $9,867,606 ZEU Zeus Resources Ltd 0.011 22% 2,279,635 $4,133,529 1TT Thrive Tribe Tech 0.018 20% 1,096,323 $4,449,323 ETR Entyr Limited 0.018 20% 31,035,324 $29,746,558 ECT Env Clean Tech Ltd. 0.006 20% 1,013,822 $14,321,552 HPC Thehydration 0.024 20% 160,000 $5,302,836 WZR Wisr Ltd 0.048 20% 9,203,107 $54,584,583 SQX SQX Resources Ltd 0.13 18% 4,230 $2,750,000 GPR Geopacific Resources 0.02 18% 64,615 $13,969,195 CMX Chemxmaterials 0.082 17% 96,593 $3,726,279 CPO Culpeominerals 0.035 17% 1,017,024 $3,496,871 FGH Foresta Group 0.014 17% 121,679 $26,938,649 CYM Cyprium Metals Ltd 0.03 15% 3,362,714 $39,642,520 YAR Yari Minerals Ltd 0.0115 15% 2,723,535 $4,823,578 BSE Base Res Limited 0.155 15% 2,734,472 $159,031,600 ATR Astron Corp Ltd 0.705 15% 86,428 $96,422,295 ASR Asra Minerals Ltd 0.008 14% 312,384 $11,402,970 EXT Excite Technology 0.008 14% 374,957 $9,304,692

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Some great late 2023 news for Nova Eye Medical (ASX:EYE), which says its portfolio of canaloplasty devices will continue to be medically reimbursed after USA Medicare changes were withdrawn.

The changes, due to come into effect January 2024, proposed to restrict or deny coverage for several procedures, including canaloplasty.

Tyre recycling co Entyr (ASX:ETR) says it could earn ~$18m a year via its offtake deal with Trafigura, announced earlier this month.

Based on early market feedback, it anticipates “acceptable” market prices of ~$200/t for recovered carbon black and $750/t for oil.

The above example is “illustrative only”, ETR says. Still, the $30m capped stock is now up 90% over the past few weeks.

Mineral sands play Astron (ASX:ATR) continued to gain after yesterday inking a non-binding deal with the US’ largest uranium producer, Energy Fuels,  to jointly develop the 2.6 billion tonne Donald rare earths and mineral sands project in Victoria.

And remember battery materials stock Novonix (ASX:NVX)?

The one-time highflier has ended 2023 on a promising note, after a ghastly two-year run saw its market cap plunge from ~$5bn to just $370m today.

 

SMALL CAP LAGGARDS

Today’s worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap ADS Adslot Ltd. 0.002 -33% 2,000,002 $9,673,487 AMM Armada Metals 0.028 -26% 63,702 $7,904,000 1AG Alterra Limited 0.006 -25% 2,077,198 $6,657,177 FAU First Au Ltd 0.003 -25% 27,576 $6,647,973 PNX PNX Metals Limited 0.003 -25% 8,002,209 $21,522,499 VAL Valor Resources Ltd 0.003 -25% 610,977 $16,693,339 PUR Pursuit Minerals 0.007 -22% 2,356,149 $26,495,743 KNM Kneomedia Limited 0.002 -20% 100 $3,833,178 MKL Mighty Kingdom Ltd 0.014 -18% 1,229,246 $7,146,283 AMD Arrow Minerals 0.005 -17% 48,665,510 $20,842,591 IVX Invion Ltd 0.005 -17% 8,825 $38,529,793 MSG Mcs Services Limited 0.01 -17% 390,000 $2,377,196 MCL Mighty Craft Ltd 0.017 -15% 1,243,887 $7,302,643 ADY Admiralty Resources. 0.006 -14% 355,327 $9,125,054 EEL Enrg Elements Ltd 0.006 -14% 2,000,000 $7,069,755 IS3 I Synergy Group Ltd 0.006 -14% 150,112 $2,128,563 ADD Adavale Resource Ltd 0.007 -13% 1,218,799 $5,972,709 GSR Greenstone Resources 0.007 -13% 323,529 $10,944,908 MHC Manhattan Corp Ltd 0.0035 -13% 224,360 $11,747,919 SRZ Stellar Resources 0.007 -13% 49,400 $9,192,212 NYM Narryermetalslimited 0.07 -13% 100,000 $3,839,486 LGM Legacy Minerals 0.12 -11% 201,527 $12,631,618 X2M X2M Connect Limited 0.04 -11% 5,665 $8,216,705 BLZ Blaze Minerals Ltd 0.008 -11% 375,000 $5,657,024 RKT Rocketdna Ltd. 0.008 -11% 453,995 $5,870,034

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