In Case You Missed It: Iron ore, oil fields and medical diagnostics deals

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Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar.

Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.

 

ICYMI Leader Board

Code Company Price % Today Market Cap CZR CZR Resources Ltd 0.3 43% $49,504,276 CMP Compumedics Limited 0.375 39% $47,833,996 JPR Jupiter Energy 0.025 39% $22,865,945 LDX Lumos Diagnostics 0.1 22% $39,466,604 ASE Astute Metals NL 0.04 21% $13,547,143 SHG Singular Health 0.047 21% $5,511,100 AKM Aspire Mining Ltd 0.165 14% $73,607,363 LAM Laramide Res Ltd 0.86 13% $16,185,836 RIM Rimfire Pacific 0.018 13% $35,523,916 VNL Vinyl Group Ltd 0.073 12% $33,443,448 AVH Avita Medical 4.535 12% $245,929,669 TEG Triangle Energy Ltd 0.029 12% $36,440,191 ZNC Zenith Minerals Ltd 0.15 11% $47,571,419 NRX Noronex Limited 0.01 11% $3,404,716 AQD Ausquest Limited 0.011 10% $8,251,492 CTQ Careteq Limited 0.033 10% $7,066,419 BLU Blue Energy Limited 0.023 10% $38,870,446 RWD Reward Minerals Ltd 0.064 7% $13,671,188 BUX Buxton Resources Ltd 0.165 6% $26,853,268 AS2 Askarimetalslimited 0.17 6% $12,440,034

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Mark Creasy backed CZR Resources (ASX:CZR) is selling subsidiary Zanthus Resources, which controls an 85% interest in the Robe Mesa iron ore project, to Miracle Iron Resources for $102m.

Medical diagnostics tech developer for sleep, brain, and ultrasonic blood flow monitoring Compumedics (ASX:CMP) has reported unaudited revenues for H1 FY24 are expected to be a record H1 result of approximately $26m, 35% higher than pcp. 

Jupiter Energy (ASX:JPR) says Sproule International’s evaluation of its Kazakhstan oil fields has returned an upgrade to the recoverable reserves associated with Jupiter’s field, with the total Proved, Probable and Possible total now standing at 46,796,000 bbls – which the company says carries an after-tax net present value of ~$US180 million.

Another health diagnostics player Lumos Diagnostics (ASX:LDX) has snagged two agreements with US-based women’s health company Hologic (NASDAQ:HOLX) including for the development of, and intellectual property rights for, custom reader and point-of-care technologies valued at around US$10m.

And Astute Metals (ASX:ASE) says it has generated a highly prospective new iron-oxide copper-gold target at the Leichhardt East prospect of its Georgina IOCG Project, in the NT.

 

More Top Small Cap Stories: Thursday

Norwest Minerals (ASX:NWM) has flagged up to 6.2% copper and confirmed a 700m structural target at its Bali copper project in WA.

NickelX (ASX:NKL) is gearing up for a ~1,700m RC drilling program at its Dalwallinu nickel-copper-PGE project in WA later this month, and has executed a finders fee agreement with upcoming IPO Eyre Metals to provide all data and intellectual property for advanced nickel and lithium projects in Central Europe in return for 1,000,000 shares in Eyre.

The Colorado Energy and Carbon Management Commission has approved 4 new proposed helium development wells for Blue Star Helium’s (ASX:BNL) Galatica/Pegasus project.

South Harz Potash (ASX:SHP) says the spatial planning application for its Ohmgebirge project in Germany has now been made available to the public, marking the next phase of the public consultation process as it works towards approval of the project. 

Pan Asia Metals (ASX:PAM) has reported up to 1.54% Li2O, 0.35% tin and up to 135ppm tantalum from drilling at the BT prospect of its RK lithium project in Thailand – and expects to release a mineral resource estimate in the near-term.

 

At Stockhead we tell it like it is. While Norwest Minerals, NickelX, Blue Star Helium, South Harz Potash and Pan Asia Metals are Stockhead advertisers, they did not sponsor this article.

 

The post In Case You Missed It: Iron ore, oil fields and medical diagnostics deals appeared first on Stockhead.

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