Good morning everyone, and welcome to 22 February, 2024 – an important day in Church history, as it was on this day in 1173 that Pope Alexander III canonised former Archbishop of Canterbury, Thomas Becket.
According to eyewitnesses, there was “a loud bang, and bits of the Archbishop went everywhere.”
Today is also my birthday, as it was on this day in the early 1970s that someone had a chance to stop me, but didn’t. This is all their fault.
For your perusal this morning, we have Nadine McGrath’s most-excellent look at an ASX-listed cancer fighter working hard to make cancer treatment heart-safe as well, and Eddy’s written something about TrivarX that I haven’t read yet, but I’m assuming will be up to his usual glorious standards.
(Update: I just did, and it’s some amazing medtech stuff.)
And, as always there’s words and numbers down below for you to scour now and then promptly forget the moment the market opens later on this morning.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$2,031.09 (+0.34%)
Silver: US$23.15 (+0.52%)
Nickel (3mth): US$16,132.50/t (+0.16%)
Copper (3mth): US$8,423.84/t (+0.84%)
Oil (WTI): US$77.27 (+0.08%)
Oil (Brent): US$82.60 (+0.05%)
Iron 62pc Fe: US$128.87/t (+0.09%)
AUD/USD: 0.6569 (+0.24%)
Bitcoin: US$51,880.60 (-0.80%)
WHAT GOT YOU TALKING
Here’s the play-by-play on all the action in Resources you might have overlooked yesterday.
#Resources Top 5: Australian Mines targets more #niobium and #REEs in Brazil; @BastionLimited divests its Cometa #copper project in Chile to… Hot Chili; while Carnavale has high-grade results this week at its Kookynie #gold project in WA. https://t.co/RpX81StfbJ
— Stockhead (@StockheadAU) February 21, 2024
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 AUZ Australian Mines Ltd 0.022 29% 99,591,201 $19,210,670 TG6 TG Metals 0.33 27% 585,387 $14,062,403 BMG BMG Resources Ltd 0.015 25% 17,445,339 $7,605,566 ATH Alterity Therap Ltd 0.005 25% 1,184,017 $17,531,019 CAV Carnavale Resources 0.005 25% 2,098,500 $13,694,207 SIT Site Group Int Ltd 0.0025 25% 1,000,000 $5,204,980 TMK TMK Energy Limited 0.005 25% 5,698,732 $24,490,317 DEM De.Mem Ltd 0.1175 22% 740,829 $23,549,411 NYR Nyrada Inc. 0.022 22% 745,454 $2,808,157 NGL Nightingale Intel 0.067 22% 693,036 $5,908,860 BMO Bastion Minerals 0.012 20% 16,351,661 $3,114,441 NKL Nickelxltd 0.043 19% 943,659 $3,161,346 TOY Toys R Us 0.013 18% 3,293,302 $10,807,099 CSR CSR Limited 7.95 17% 4,323,643 $3,231,886,884 SRT Strata Investment 0.17 17% 113,753 $24,566,419 C7A Clara Resources 0.021 17% 158,742 $3,402,703 CUL Cullen Resources 0.007 17% 454,493 $3,421,039 NET Netlinkz Limited 0.0035 17% 215,480 $11,635,345 TIA Tian An Aust Limited 0.25 16% 38,981 $18,620,898 AYA Artryalimited 0.33 16% 144,510 $22,414,963 SHO Sportshero Ltd 0.015 15% 1,863,928 $8,031,827 CDA Codan Limited 9.68 15% 1,052,099 $1,523,055,349 MQR Marquee Resource Ltd 0.023 15% 1,518,543 $8,267,688 RCR Rincon 0.046 15% 26,915,343 $8,846,055 AML Aeon Metals Ltd 0.008 14% 380,202 $7,674,804
Yesterday’s Small Cap Winners included:
Alterity Therapeutics (ASX:ATH) was out in front on Wednesday morning, rising steadily after presenting new data, including new baseline biomarker data on ATH434 from its ongoing Phase 2 randomised, double blind clinical trial, was presented at the American Academy of Neurology (AAN) 2024 Annual Meeting in Denver, Colorado on Tuesday.
Australian Mines (ASX:AUZ) was up on news of a new, second exploration target prospective for niobium and rare earths at the Jequie Rare Earth Project located within the state of Bahia in Fabulous Brazil.
Rincon Resources (ASX:RCR) continued to make hay from Monday’s announcement that the company has grown its tenement size in the West Arunta region to more than 260km2, after a new exploration licence application was granted over an area that contains the historic ‘Mantati’ copper-lead-zinc occurrence.
Singular Health Group (ASX:SHG) was also in the good books, announcing that it has raised $4,123,142 through a recent capital raising via institutional, sophisticated and professional investors, resulting in the issue of 37,483,101 fully paid ordinary shares.
Argent Minerals (ASX:ARD) has reported extensive gold, silver, copper, lead and zinc mineralisation has been confirmed by a rock chip reconnaissance program over the Henry prospect within the Kempfield project in NSW, returning high-grade polymetallic assays up to 14.05g/t Au, 85.2g/t Ag, 0.5% Cu, 0.41% Pb and 0.28% Zn.
NickelX (ASX:NKL) was back in the news, after issuing an amended announcement relating to the identification of uranium mineralisation and priority target areas from data compilation and review at the Elliot Lake uranium project in Ontario, Canada.
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 MRQ MRG Metals Limited 0.0015 -25% 40,000 $4,942,682 AQN Aquirian 0.18 -22% 10,000 $18,555,013 KME Kip McGrath Education 0.38 -21% 185,296 $27,284,408 MRL Mayur Resources Ltd 0.25 -21% 919,699 $105,871,877 AMD Arrow Minerals 0.004 -20% 18,742,885 $17,368,825 ROG Red Sky Energy. 0.004 -20% 4,354,694 $27,111,136 TAS Tasman Resources Ltd 0.004 -20% 245,218 $3,563,346 TMX Terrain Minerals 0.004 -20% 3,880,000 $7,158,353 WML Woomera Mining Ltd 0.004 -20% 25,246 $6,090,695 CTD Corp Travel Limited 16.02 -19% 5,145,552 $2,904,566,058 5GN 5G Networks Limited 0.14 -18% 6,053,497 $58,198,709 ABE Ausbond Exchange 0.025 -17% 42,000 $3,380,043 CHL Camplify Holdings 2 -17% 704,618 $171,600,838 GCM Green Critical Min 0.005 -17% 1,001,636 $6,819,510 M4M Macro Metals Limited 0.0025 -17% 250,783 $8,436,233 NTM Nt Minerals Limited 0.005 -17% 554,375 $5,159,417 TMB Tambourah Metals 0.088 -16% 239,948 $8,708,737 NC1 Nico Resources 0.185 -16% 106,112 $24,024,127 ERW Errawarra Resources 0.048 -16% 707,134 $5,467,478 ME1 Melodiol Global Health 0.012 -14% 4,673,016 $3,946,177 POS Poseidon Nick Ltd 0.006 -14% 6,318,436 $25,994,743 RIM Rimfire Pacific 0.031 -14% 4,071,654 $79,928,810 REC Recharge Metals 0.076 -14% 29,413 $9,798,974 DXB Dimerix Ltd 0.205 -13% 6,275,143 $102,727,032 1TT Thrive Tribe Tech 0.014 -13% 50,004 $4,745,944
TRADING HALTS
Orica (ASX:ORI) – pending an announcement in relation to a corporate transaction and an associated equity raising.
Allegra Orthopaedics (ASX:AMT) – pending the release of an announcement regarding discussions with financiers regarding the company’s financing arrangements.
Global Uranium and Enrichment (ASX:GUE) – pending the release of an announcement in relation to a capital raising.
American Rare Earths (ASX:ARR) – pending an announcement by the Company in relation to a capital raising.
Lotus Resources (ASX:LOT) – pending an announcement regarding a proposed placement.
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