Rise and Shine: Everything you need to know before the ASX opens

Good morning, and Happy Tuesday! Here’s everything you need to know before the ASX opens today.

Wilfred was still proud, despite coming second in the Biggest Balloon contest. Pic via Getty Images.

Good morning everyone, and welcome to 23 July, 2024 – an important date in the history of things and other stuff.

From a philosophical point of view, on this date in 1764, James Otis published his views on taxation without representation. I’ll save you the trouble – he was not a fan.

It was also a big day, militarilty speaking – on this day in 1793, the Prussians conquered Mainz, before moving on to Dessertz.

In 1798, Napoleon Bonaparte conquered Alexandria in Egypt. He would eventually go on to have a crack at Russia in 1812, before *ahem* coming up short.

Luckily for you, you won’t have to build an enormous empire only to come undone by being foolish enough to invade Russia in the winter, in order to get your hands on the info you need this morning.

That’s because – as always – I’ve worked super-hard to gather 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$2,401.10 (+0.12%)

Silver: US$29.20 (-0.31%)

Nickel (3mth): US$16,274/t (-0.91%)

Copper (3mth): US$9,213/t (-1.37%)

Zinc: US$2,716/t (-0.77%)

Oil (WTI): US$78.99 (+0.45%)

Oil (Brent): US$83.04 (+0.41%)

Iron 62pc Fe: US$108.45/t (0.00%)

AUD/USD: 0.6664 (-0.05%)

Bitcoin: US$67,685.80 (-0.73%)

WHAT GOT YOU TALKING

What’s been happening among the ASX’s little health stocks? Plenty, that’s what – and here’s Eddy Sunarto to tell you all about it.

#ASX #health #stocks:
Immutep ( $IMM ) gets FDA feedback
Althea Group ( $AGH ) enters into US joint venture
Chimeric Therapeutics ( $CHM ) enrols first patient to Phase 1/2 trial https://t.co/OHkvFPyOEt

— Stockhead (@StockheadAU) July 22, 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	Name	Price	% Change	Volume	Market Cap
AUK	Aumake Limited	0.007	75%	78,099,550.00	$7,657,627
AD1	AD1 Holdings Limited	0.006	50%	1,065,836.00	$3,594,594
HCT	Holista CollTech Ltd	0.008	33%	995,826.00	$1,672,800
FFF	Forbidden Foods	0.012	33%	14,370.00	$2,045,011
JAY	Jayride Group	0.009	29%	350,867.00	$1,654,164
KOR	Korab Resources	0.009	29%	165,128.00	$2,569,350
TRU	Truscreen	0.024	26%	90,382.00	$10,499,231
DGR	DGR Global Ltd	0.029	26%	20,546,412.00	$24,004,950
AEV	Avenira Limited	0.005	25%	269,388.00	$9,396,136
LPD	Lepidico Ltd	0.003	25%	16,690,705.00	$17,178,239
MSG	Mcs Services Limited	0.005	25%	1,100,010.00	$792,399
WTM	Waratah Minerals Ltd	0.335	22%	1,356,277.00	$49,325,237
EVR	Ev Resources Ltd	0.006	20%	8,627,194.00	$6,856,357
KRR	King River Resources	0.013	18%	318,320.00	$16,810,428
LVH	Livehire Limited	0.026	18%	581,498.00	$8,131,154
GLH	Global Health Ltd	0.140	17%	17,287.00	$6,965,944
PCK	Painchek Ltd	0.042	17%	5,116,854.00	$58,889,850
ECT	Env Clean Tech Ltd.	0.004	17%	2,598.00	$9,515,431
EXL	Elixinol Wellness	0.004	17%	70.00	$3,963,547
FHS	Freehill Mining Ltd.	0.007	17%	1,654,292.00	$17,999,067
VML	Vital Metals Limited	0.004	17%	114,737.00	$17,685,201
THB	Thunderbird Resource	0.037	16%	879,227.00	$7,664,673
JPR	Jupiter Energy	0.030	15%	300,000.00	$33,114,957
NRX	Noronex Limited	0.015	15%	2,970,442.00	$6,352,985
WCN	White Cliff Min Ltd	0.015	15%	10,731,213.00	$21,117,036

Yesterday’s Small Cap Winners included:

Astute Metals (ASX:ASE) was up early on Monday morning, reporting assay results from a further four drillholes at its Red Mountain lithium project in Nevada, USA – and the news is good. Astute says drilling has found thick intersections of lithium above 1,000ppm, with the standout result being 13.7m @ 1,070ppm Li / 0.57% Lithium Carbonate Equivalent1 (LCE) from surface, including 83.8m @ 1,230ppm Li / 0.65% LCE from 16.8m.

AuMake International (ASX:AUK) was up on Monday morning on news that the company has entered a non-binding three (3) year strategic co-operation framework with Chinese State-Owned Enterprise Yangtze River New Silk Road International Logistics, to “establish a comprehensive end-to-end supply chain network for Australian goods and services”.

EV Resources (ASX:EVR) made headway on news that surface rock chip samples of up to 71% Cu and 874g/t Ag demonstrated previously unknown copper and precious metals potential at the Khartoum project in northern Queensland, with the company reporting that the high-grade copper values include 10.9% Cu, 9.11% Cu, 8.6% Cu and 4.16% Cu.

And Swoop Telecommunications (ASX:SWP) was on the move thanks to news that it has signed a key customer contract and committed to construct, own and operate a significant new fibre infrastructure network in Melbourne, with initial committed revenues of a minimum of $24 million and up to $36m over the next 22 years.

Jupiter Energy made a late rush off the back of a decent quarterly, with the company announcing that it had sold about 56,000 barrels of oil, for an unaudited oil sales revenue (including VAT) total for the Quarter ending 30 June 2024 of  ~$US2.3 million (~$3.5 million).

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	Name	Price	% Change	Volume	Market Cap
NRZ	Neurizer Ltd	0.006	-33%	17,870,329	$17,121,876
APC	Aust Potash Ltd	0.001	-33%	742,261	$6,030,284
ME1	Melodiol Glb Health	0.002	-33%	186,404	$918,791
DRO	Droneshield Limited	1.435	-27%	47,866,521	$1,494,598,764
DOU	Douugh Limited	0.003	-25%	14,600	$4,328,276
NTL	New Talisman Gold	0.014	-22%	80,456	$7,947,532
BEL	Bentley Capital Ltd	0.012	-20%	99,886	$1,141,919
CAV	Carnavale Resources	0.004	-20%	73,002	$17,117,759
MBK	Metal Bank Ltd	0.019	-17%	71,132	$8,980,564
CTN	Catalina Resources	0.003	-17%	410,000	$3,715,461
DTR	Dateline Resources	0.005	-17%	1,150,000	$8,745,282
WEL	Winchester Energy	0.003	-17%	136,376	$4,089,057
AVC	Auctus Invest Grp	0.550	-16%	39,625	$52,599,823
CSX	Cleanspace Holdings	0.475	-16%	234,705	$43,708,254
DBO	Diabloresources	0.017	-15%	24,652	$2,061,429
LIO	Lion Energy Limited	0.018	-14%	221,870	$9,176,533
BRX	Belararoxlimited	0.240	-14%	493,128	$23,864,926
RFT	Rectifier Technolog	0.006	-14%	115,000	$9,673,888
SRN	Surefire Rescs NL	0.006	-14%	588,303	$13,904,155
NXS	Next Science Limited	0.250	-14%	211,439	$84,591,580
S32	South32 Limited	2.970	-13%	40,112,812	$15,490,064,303
GLL	Galilee Energy Ltd	0.020	-13%	1,100,230	$7,814,127
QGL	Quantum Graphite	0.550	-13%	229,435	$215,198,026
ALY	Alchemy Resource Ltd	0.007	-13%	615,365	$9,424,610

TRADING HALTS

Highfield Resources (ASX:HFR) – to provide clarification to the announcement made 19 July 2024.

Anteris Technologies (ASX:AVR) – pending an announcement in relation to a proposed capital raising.

Wellnex Life (ASX:WNX) – pending an announcement in relation to a proposed listing on the London Stock Exchange and associated capital raising.

Frontier Energy (ASX:FHE) – pending an announcement regarding debt finance for the Stage One development of the Waroona renewable energy project.

Peak Rare Earths (ASX:PEK) – pending an announcement regarding the funding and development of the Ngualla rare earth project.

SRJ Technologies Group (ASX:SRJ) – pending an announcement regarding a material acquisition and a capital raising.

Jervois Global (ASX:JRV) – pending the release of an announcement in relation to the US$100 million 12.5% Idaho Cobalt Operations senior secured bonds.

LTR Pharma (ASX:LTP) – pending the release of an announcement in relation to a proposed capital raise.

Dorsavi (ASX:DVL) – pending an announcement by the Company to the market in relation to a capital raising.

Originally published as Rise and Shine: Everything you need to know before the ASX opens