Rise and Shine: Everything you need to know before the ASX opens
Good morning, and Happy Thursday! Here’s everything you need to know before the ASX opens today.
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Good morning everyone, and welcome to 4 July June, 2024 – an important day in the history of the world for a few wild reasons.
On this day in 993, Saint Ulrich of Augsburg was canonised, leaving bits of him scattered over a very wide area.
On this day in 1672, the states of Holland caused confusion by calling an end to the “Eternal Edicts”.
And on this day in 1776, the Liberty Bell rang to usher in the Second Continental Congress, and the United States declares independence from Britain… and we're still paying for that to this day.
Luckily for you, you don’t need fight your way out from the yoke of colonial oppression in order to get your hands on the info you need today.
Nadine McGrath has written a great yarn about the ASX stocks that are driving decarbonisation, and – as always – I’ve thrown together lots of fiddly little things below, so you don’t need to go ferreting all over the internet for your ASX info this morning.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$2,350.35 (+0.72%)
Silver: US$30.23 (+1.94%)
Nickel (3mth): US$17,245.50/t (+1.37%)
Copper (3mth): US$9,787.50/t (+1.15%)
Zinc: US$2,947.00/t (+0.91%)
Oil (WTI): US$83.30 (+0.01%)
Oil (Brent): US$86.75 (+0.01%)
Iron 62pc Fe: US$110.32/t (+2.15%)
AUD/USD: 0.6677 (+0.13%)
Bitcoin: US$60,898.50 (-1.84%)
WHAT GOT YOU TALKING
Health stocks had everybody chatting yesterday – here’s why.
The #ASX #HealthCare index saw a 4% increase in June and the best #biotechs were @ActinogenMed, @Optiscan_ and @EZZLifeScience. | $ACW $OIL $EZZ $COV https://t.co/iIb0wFcRjh
— Stockhead (@StockheadAU) July 2, 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 | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| VML | Vital Metals Limited | 0.004 | 100.00 | 19,912,213 | $11,790,134 |
| WTM | Waratah Minerals Ltd | 0.245 | 96.00 | 9,898,784 | $22,420,562 |
| MMM | Marley Spoon Se | 0.038 | 90.00 | 559,351 | $2,354,488 |
| LSR | Lodestar Minerals | 0.0015 | 50.00 | 5,402,017 | $2,023,397 |
| MTL | Mantle Minerals Ltd | 0.003 | 50.00 | 87,273 | $12,394,892 |
| NES | Nelson Resources. | 0.003 | 50.00 | 300,084 | $1,227,189 |
| TD1 | Tali Digital Limited | 0.0015 | 50.00 | 180,000 | $3,295,156 |
| TX3 | Trinex Minerals Ltd | 0.003 | 50.00 | 1,049,743 | $3,657,305 |
| AI1 | Adisyn Ltd | 0.03 | 42.86 | 2,385,207 | $3,887,772 |
| AL3 | Aml3D | 0.135 | 37.76 | 19,745,034 | $36,955,705 |
| LNU | Linius Tech Limited | 0.002 | 33.33 | 2,225,000 | $8,320,111 |
| ODE | Odessa Minerals Ltd | 0.004 | 33.33 | 960,003 | $3,129,848 |
| RDS | Redstone Resources | 0.004 | 33.33 | 1,000,000 | $3,238,825 |
| TMX | Terrain Minerals | 0.004 | 33.33 | 129,300 | $4,295,012 |
| TTI | Traffic Technologies | 0.004 | 33.33 | 166,183 | $2,918,656 |
| VPR | Voltgroupltd | 0.002 | 33.33 | 950,000 | $16,074,312 |
| YAR | Yari Minerals Ltd | 0.004 | 33.33 | 100,123 | $1,447,073 |
| FCT | Firstwave Cloud Tech | 0.017 | 30.77 | 795,495 | $22,230,252 |
| PFE | Panteraminerals | 0.039 | 30.00 | 2,440,680 | $10,864,245 |
| TG6 | Tgmetalslimited | 0.225 | 22% | 203,346 | $13,154,895 |
| CL8 | Carly Holdings Ltd | 0.017 | 21% | 323,123 | $3,757,185 |
| TSO | Tesoro Gold Ltd | 0.034 | 21% | 3,081,191 | $34,428,260 |
| BEO | Beonic Ltd | 0.029 | 21% | 209,228 | $11,716,060 |
| AHK | Ark Mines Limited | 0.18 | 20% | 649,521 | $8,316,962 |
Yesterday’s Small Cap Winners included:
Waratah Minerals (ASX:WTM) was out in front on Wednesday morning, thanks to a fresh set of results from a further six drill holes from the on-going RC drill program at the company’s Spur gold-copper project, with the highlight result coming in at 89m at 1.73g/t Au, 0.08% Cu from 115m inc. 57m at 2.50g/t Au, 0.11% Cu from 115m.
Melodiol Global Health (ASX:ME1) was up earlier on Wednesday after issuing a trading update, showing that Q2 2024 unaudited revenues have come in at a total of $4.8 million, which represents a 9% increase on Q1 2024 revenue of $4.4 million. The uptick brings the company’s H1 2024 unaudited revenues to $9.2 million, a 31% increase on H1 2023 of $7.0 million.
The Calmer Co (ASX:CCO) has also issued some updated sales results, showing that its eCommerce sales have increased by $2,500, to over $18,500 per day in June, showing month on month growth over the full financial year of FY24.
The company says that sales via eCommerce channels grew at an average of 17% monthly over the full FY24 year, with an aggregate annual growth rate of 540%
And Prodigy Gold (ASX:PRX) has released an updated Mineral Resource Estimate for its Tregony gold deposit, which now sits at 0.46Mt at 1.6g/t Au for 23,000oz indicated, 1.10Mt at 1.2g/t Au for 41,000oz inferred for a total MRE of 1.56Mt at 1.3g/t Au for 64,000oz.
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 | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| FMR | FMR Resources Ltd | 20.5 | -48.75 | 704,014 | $7,965,129 |
| IS3 | I Synergy Group Ltd | 0.5 | -37.50 | 11,177,945 | $2,832,643 |
| HCD | Hydrocarbon Dynamic | 0.2 | -33.33 | 3,390,824 | $2,425,747 |
| HLX | Helix Resources | 0.2 | -33.33 | 21,923,867 | $9,792,581 |
| TKL | Traka Resources | 0.1 | -33.33 | 30,000 | $2,625,988 |
| APL | Associate Global | 10 | -25.93 | 84,010 | $7,626,478 |
| ICG | Inca Minerals Ltd | 0.6 | -25.00 | 4,191,699 | $6,437,911 |
| MKL | Mighty Kingdom Ltd | 0.3 | -25.00 | 339,000 | $12,863,772 |
| RLC | Reedy Lagoon Corp. | 0.3 | -25.00 | 32,779 | $2,478,163 |
| SFG | Seafarms Group Ltd | 0.3 | -25.00 | 644,828 | $19,346,397 |
| TMK | TMK Energy Limited | 0.3 | -25.00 | 10,208,978 | $27,686,448 |
| WML | Woomera Mining Ltd | 0.3 | -25.00 | 900,000 | $4,872,556 |
| NPM | Newpeak Metals | 1.8 | -25.00 | 234,910 | $2,966,842 |
| OVT | Ovanti Limited | 1.2 | -20.00 | 4,021,377 | $17,037,382 |
| AEV | Avenira Limited | 0.4 | -20.00 | 4,395,000 | $11,745,170 |
| BYH | Bryah Resources Ltd | 0.4 | -20.00 | 3,847,301 | $2,177,268 |
| HOR | Horseshoe Metals Ltd | 0.8 | -20.00 | 2,388,906 | $6,495,787 |
| CHN | Chalice Mining Ltd | 122 | -19.47 | 23,389,094 | $589,279,406 |
| CL8 | Carly Holdings Ltd | 1.4 | -17.65 | 134,292 | $4,562,297 |
| SBR | Sabre Resources | 1.4 | -17.65 | 314,032 | $6,362,453 |
TRADING HALTS
Trigg Mining (ASX:TMG) – pending an announcement regarding a capital raising.
MRG Metals (ASX:MRQ) – pending the release of an announcement to the market in relation to a capital raising.
Peak Minerals (ASX:PUA) – pending an announcement regarding a proposed acquisition and capital raising.
Strategic Elements (ASX:SOR) – pending an announcement in relation to a potential capital raising.
Originally published as Rise and Shine: Everything you need to know before the ASX opens
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