Good morning everyone, on Stockhead today, Cameron Drummond’s had a look at all the ASX gold juniors setting up shop overseas, Eddy’s got a rundown on the most celebrated momentum trading strategy of all-time, and Christian just knows stuff. Especially what’s going on type of stuff.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$2,379.06 (+0.75%)
Silver: US$28.45 (+0.75%)
Nickel (3mth): US$18,482.00/t (+3.48%)
Copper (3mth): US$9,573.50/t (+2.55%)
Oil (WTI): US$81.50 (-1.39%)
Oil (Brent): US$86.62 (-0.76%)
Iron 62pc Fe: US$107.30/t (+1.15%)
AUD/USD: 0.6448 (+0.14%)
Bitcoin: US$60,991.30 (-0.45%)
WHAT GOT YOU TALKING
WHERE CAN I BUY SPACEY-SPACE STOCKS?
Here:
‘Game Changer’: With the rising significance of #ESG, the #space industry will become an increasingly critical part of how every company operates. #ASX #stocks https://t.co/mlxIbLwfTx
— Stockhead (@StockheadAU) April 19, 2024
FRIDAY’S ASX SMALL CAP LEADERS
Swipe or scroll to reveal full table. Click headings to sort:
Code Name Price % Change Volume Market Cap BLZ Blaze Minerals Ltd 0.006 50% 3,057,221 $2,514,233 DY6 Dy6Metalsltd 0.052 41% 1,355,761 $1,495,201 JAV Javelin Minerals Ltd 0.002 33% 4,524 $3,264,346 NGS NGS Ltd 0.008 33% 1,686,275 $1,507,364 RIL Redivium Limited 0.004 33% 125,000 $8,192,564 ARD Argent Minerals 0.021 31% 10,443,150 $20,668,144 AI1 Adisyn Ltd 0.026 30% 403,371 $3,526,992 MCT Metalicity Limited 0.003 25% 8,060,694 $8,970,108 TX3 Trinex Minerals Ltd 0.005 25% 699,780 $6,979,637 WBE Whitebark Energy 0.016 23% 380,293 $2,496,004 PPY Papyrus Australia 0.011 22% 92,793 $4,434,233 EXR Elixir Energy Ltd 0.140 22% 9,367,088 $130,254,784 AU1 The Agency Group 0.030 20% 214,382 $10,714,415 8IH 8I Holdings Ltd 0.012 20% 8,416 $3,573,560 ADD Adavale Resource Ltd 0.006 20% 83,164 $5,079,898 ATH Alterity Therap Ltd 0.006 20% 5,031,797 $26,190,089 HLX Helix Resources 0.006 20% 2,377,494 $11,615,729 NRZ Neurizer Ltd 0.006 20% 5,080,995 $7,507,054 RML Resolution Minerals 0.003 20% 1,677,613 $4,024,992 VEN Vintage Energy 0.012 20% 15,032,977 $10,869,403 X2M X2M Connect Limited 0.051 19% 130,934 $11,468,845 SRR Saramaresourcesltd 0.026 18% 522,000 $1,824,220 FTL Firetail Resources 0.040 18% 195,303 $5,062,789 TMB Tambourahmetals 0.079 18% 169,539 $5,557,004
Friday’s standout winner on the ASX was DY6 Metals (ASX:DY6) which announced that soil and rock chip sampling has returned up to 3.22% total rare earth oxides (TREO) and 0.75% niobium in the recently acquired licence EL0705 at its flagship Machinga project in Malawi.
Adisyn (ASX:AI1) was also tracking well, with the defence sector IT company top of mind for many investors, thanks to the investor prezzo the company dropped on Monday.
Cyprium Metals (ASX:CYM) rose steadily, as the copper focused company welcomes an experienced new board appointment, Scott Perry, as a non-executive director and chair of the Audit Committee.
And gold explorer Metalicity (ASX:MCT) climbed after announcing that drilling is set to commence at its Yundamindra project – the first drilling activity there in 10 years. However, Metalicity’s rise was most likely due to investors being reminded that historical exploration at the site returned assays including 8m @ 56.36g/t Au from 44m, which the company announced back in 2019.
ASX SMALL CAP LAGGARDS
Today’s best performing small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort
Code Name Price % Change Volume Market Cap TNY Tinybeans Group Ltd 0.051 -46% 800 $7,918,064 AXP AXP Energy Ltd 0.002 -25% 644,196 $11,649,361 MRD Mount Ridley Mines 0.002 -25% 1,354,388 $15,569,766 MRQ Mrg Metals Limited 0.002 -25% 8,833,334 $5,050,237 PRM Prominence Energy 0.007 -22% 1,294,902 $1,756,137 OSX Osteopore Limited 0.095 -21% 164,089 $1,239,443 MGA Metalsgrovemining 0.040 -20% 29,292 $1,860,025 AVE Avecho Biotech Ltd 0.004 -20% 3,220,390 $15,846,485 OAR OAR Resources Ltd 0.002 -20% 13,200,000 $7,883,277 ODE Odessa Minerals Ltd 0.004 -20% 250,407 $5,216,413 TNC True North Copper 0.084 -20% 6,247,713 $43,859,503 KNB Koonenberrygold 0.026 -19% 248,028 $4,406,766 FNR Far Northern Res 0.160 -18% 288,888 $6,970,436 GTG Genetic Technologies 0.145 -17% 385,611 $20,198,018 AL8 Alderan Resource Ltd 0.005 -17% 11,145,707 $6,641,168 CCZ Castillo Copper Ltd 0.005 -17% 16,949 $7,797,032 OAU Ora Gold Limited 0.005 -17% 4,948,724 $34,836,005 PRX Prodigy Gold NL 0.003 -17% 3,716,700 $6,041,322 RR1 Reach Resources Ltd 0.003 -17% 744,440 $11,070,061 HAL Halo Technologies 0.105 -16% 216,442 $16,079,549 SIX Sprintex Ltd 0.022 -15% 1,056,346 $12,509,892 RVT Richmond Vanadium 0.280 -15% 115,587 $28,448,576
INOVIQ (ASX:IIQ) was down -14% despite announcing the successful completion of an analytical validation study for its blood test for ovarian cancer. Overall, the test correctly identified 85% of all samples tested (76% of the cancer samples and 94% of the cancer free samples).
TRADING HALTS
Mayur Resources (ASX:MRL) – pending an announcement in relation to the financing of the Central Lime Project.
Midas Minerals (ASX:MM1) – pending the release of an announcement regarding a capital raising.
Emyria (ASX:EMD) – pending the release of an announcement regarding a capital raising.
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