On Stockhead today, the iron ore forecast that will keep the giants smiling until Christmas, Barry’s got a 1c copper stock with elephant-sized ambitions, and all you need to know about the short week ahead.
But first, the day ahead.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$2,165.03/oz (-0.72%)
Silver: US$24.66/oz (-0.62%)
Nickel (3mth): US$17,541/t (+0.28%)
Copper (3mth): US$8,950.50/t (+0.25%)
Oil (WTI): US$80.63 (-0.54%)
Oil (Brent): US$85.58 (-0.23%)
Iron 62pc Fe: US$111.50/t (0%)
AUD/USD: 0.6514 (-0.84%)
Bitcoin: US$65,166 (+1.26%)
TRADING HALTS
These stocks went into trading halts Friday and are expected out in the coming days:
Arovella Therapeutics (ASX:ALA) – Regarding a capital raise
Many Peaks Gold (ASX:MPG) – Regarding some its continuous disclosure challenges
OD6 Metals (ASX:OD6) – Regarding a capital raise
Coda Minerals (ASX:COD) – Regarding a capital raise
LAST WEEK’S SMALL CAP LEADERS
Swipe or scroll to reveal full table. Click headings to sort:
Code Company Price % Week Market Cap ZNO Zoono Group Ltd 0.115 135% $17,094,192 ICU Investor Centre Ltd 0.027 93% $8,186,347 ASP Aspermont Limited 0.017 89% $39,290,155 TGN Tungsten Min NL 0.1 59% $78,641,427 ADX ADX Energy Ltd 0.1825 59% $70,757,461 G50 Gold50 Limited 0.145 51% $10,929,000 5GG Pentanet 0.075 50% $30,645,631 ADS Adslot Ltd 0.003 50% $9,673,487 BNZ Benz Mining 0.195 50% $17,804,476 SIH Sihayo Gold Limited 0.0015 50% $18,306,384 SRX Sierra Rutile 0.11 47% $44,544,827 TTT Titomic Limited 0.048 45% $46,549,827 HXG Hexagon Energy 0.023 44% $11,797,066 XAM Xanadu Mines Ltd 0.061 42% $113,256,397 AVD Avada Group Limited 0.7 40% $53,933,741 BCT Bluechiip Limited 0.009 38% $8,806,134 8IH 8I Holdings Ltd 0.011 38% $3,930,916 BYH Bryah Resources Ltd 0.011 38% $4,354,535 ENX Enegex Limited 0.026 37% $7,009,404 ASV Asset Vision Co 0.015 36% $10,887,548 B4P Beforepay Group 0.795 36% $36,433,613 PIL Peppermint Innovation 0.019 36% $38,094,450 WTM Waratah Minerals Ltd 0.088 35% $12,845,347 LRD Lord Resources 0.069 35% $2,450,720 NFL Norfolk Metals 0.155 35% $5,143,046 BKT Black Rock Mining 0.083 34% $94,382,627 1AG Alterra Limited 0.004 33% $3,482,763 CT1 Constellation Tech 0.002 33% $2,212,101 LSR Lodestar Minerals 0.002 33% $4,046,795 MTL Mantle Minerals Ltd 0.002 33% $12,394,892 RIL Redivium Limited 0.004 33% $13,654,274 SFG Seafarms Group Ltd 0.004 33% $19,346,397 SRY Story-I Limited 0.004 33% $1,505,619 TKL Traka Resources 0.002 33% $3,501,317 UBI Universal Biosensors 0.205 32% $46,721,276 NGY Nuenergy Gas Ltd 0.029 32% $42,947,709 BMN Bannerman Energy Ltd 3.68 31% $534,942,695 SCN Scorpion Minerals 0.038 31% $15,559,335 G11 G11 Resources Ltd 0.03 30% $21,724,541 NME Nex Metals Explorat 0.022 29% $7,755,716 NSM Northstaw 0.044 29% $6,154,534 MMM Marley Spoon Se 0.075 29% $8,829,330 SRL Sunrise 0.575 29% $53,685,361 ASM Ausstrat Materials 1.4 29% $239,346,494 APL Associate Global 0.09 29% $5,084,318 DMG Dragon Mountain Gold 0.009 29% $3,552,045 TSL Titanium Sands Ltd 0.009 29% $17,943,572 TGM Theta Gold Mines Ltd 0.16 28% $113,846,374 JMS Jupiter Mines 0.2225 27% $421,293,644 CCM Cadoux Limited 0.075 27% $25,684,231
ADX Energy (ASX:ADX) bagged after its Welchau-1 exploration well intersected 115m of condensate rich gas shows in the primary target formation.
Pentanet’s (ASX:5GG) run continues after the cloud gaming stock upgraded its Gen 3 cloud infrastructure with NVIDIA L40 GPUs, to bring Pentanet into the NVIDIA Graphics Delivery Network (GDN).
And shareholders of troubled Iluka (ASX:ILU) mineral sands spinout Sierra Rutile (ASX:SRX) have been thrown a lifeline in the form of an unsolicited takeover offer.
PRM Services wants to acquire all SRX shares it does not own at a price of A$0.095 cash per share, which represents a 21.79% premium to the closing price of SRX shares on 19 March.
LAST WEEK’S SMALL CAP LAGGARDS
Swipe or scroll to reveal full table. Click headings to sort:
Code Company Price % Week Market Cap CLZDC Classic Minerals 0.017 -66% $4,640,431 AXP AXP Energy Ltd 0.001 -50% $11,649,361 JAV Javelin Minerals Ltd 0.001 -50% $2,176,231 RWD Reward Minerals Ltd 0.029 -42% $5,924,182 OZM Ozaurum Resources 0.052 -37% $8,255,000 CLV Clover Corporation 0.545 -33% $96,859,618 BTN Butn Limited 0.085 -32% $15,556,581 AUZ Australian Mines Ltd 0.011 -31% $15,678,132 PLC Premier1 Lithium Ltd 0.029 -31% $5,062,649 NGS NGS Ltd 0.009 -31% $2,512,274 SHP South Harz Potash 0.018 -31% $15,306,019 NIM Nimyresourceslimited 0.048 -30% $7,021,180 IXU Ixup Limited 0.017 -29% $21,750,712 NTM NT Minerals 0.005 -29% $4,299,515 SHG Singular Health 0.1 -29% $21,488,836 ENV Enova Mining Limited 0.028 -28% $19,853,284 PPY Papyrus Australia 0.013 -28% $6,405,004 AGY Argosy Minerals Ltd 0.1375 -28% $203,639,087 JPR Jupiter Energy 0.016 -27% $20,378,435 APX Appen Limited 0.5875 -27% $133,908,589 OLH Oldfields Holdings 0.081 -26% $16,180,232 BM8 Battery Age Minerals 0.1 -26% $9,634,833 EQN Equinox Resources 0.195 -25% $20,235,001 LVH Livehire Limited 0.024 -25% $10,622,860 WFL Wellfully Limited 0.003 -25% $1,478,832 BEX Bikeexchange Ltd 0.32 -25% $6,523,406 CAI Calidus Resources 0.125 -24% $101,086,600 SYR Syrah Resources 0.525 -24% $434,339,082 S66 Star Combo 0.115 -23% $16,209,958 1TT Thrive Tribe Tech 0.02 -23% $6,822,295 BMG BMG Resources Ltd 0.01 -23% $6,337,972 ARU Arafura Rare Earths 0.2 -23% $473,611,949 SNX Sierra Nevada Gold 0.062 -23% $3,744,539 BCB Bowen Coal Limited 0.045 -22% $133,668,258 AS2 Askari Metals 0.066 -22% $6,685,368 C7A Clara Resources 0.014 -22% $2,835,586 OMX Orange Minerals 0.021 -22% $1,800,754 JRV Jervois Global Ltd 0.025 -22% $64,860,496 TYX Tyranna Res Ltd 0.009 -22% $36,161,679 JAY Jayride Group 0.011 -21% $2,599,400 CG1 Carbonxt Group 0.074 -21% $24,044,202 NMT Neometals Ltd 0.15 -21% $96,535,599 SPQ Superior Resources 0.0095 -21% $18,010,984 NVO Novo Resources Corp 0.135 -21% $11,846,861 AEE Aura Energy 0.175 -20% $106,767,593 LKE Lake Resources 0.067 -20% $112,999,995 AU1 The Agency Group Aus 0.028 -20% $12,000,144 CTQ Careteq Limited 0.016 -20% $3,533,209 CZN Corazon Ltd 0.008 -20% $5,540,381 ETR Entyr Limited 0.008 -20% $17,847,935
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