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

Good morning, and Happy Monday! Here’s everything you need (and some stuff you don’t need) to know before the ASX opens today.

So it turns out that fella Vlad is 'not really a morning person', for some reason. Pic via Getty Images.

Good morning everyone, and welcome to 17 June, 2024 – an important day in the history of the world for a super scary, creepy reason.

On this day in 1462, Vlad III (aka Dracula), tried to assassinate Sultan Mehmed II in Wallachia – which was a region of southern Romania, and not to be confused with Wallacia, which is a suburb of Sydney and former home of El Cabalo Blanco, the site of the finest dancing Andalusian stallion show that 1980s Australia could have expected for the $22 it cost for a family of four to get in, even though that was quite a bit of money back then.

But I digress… because Vlad III (aka Dracula) was really keen to kill Mehmed II with his own hands, and his plot to assassinate him was meticulously planned – but fell apart, when Vlad II (aka, etc) discovered that he wasn’t all that great with a sword.

Vlad II (etc) escaped to Hungary, where he was inspired by a local stakeholder (sorry) to give a new method of murdering a try – and the legend of Vlad the Impaler (aka Vlad II (etc)) was born.

Luckily for you, you won’t need to die at the hands of a bloodthirsty monster to get what you need before the market opens today.

Eddy Sunarto’s got a great explainer on the P/CF ratio, including what it is and why I should probably already have known that, 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$2,317.72 (+0.56%)

Silver: US$29.07 (+0.18%)

Nickel (3mth): US$17,536/t (+0.16%)

Copper (3mth): US$9,774/t (+0.43%)

Zinc: US$2,808/t (-1.15%)

Oil (WTI): US$78.27 (-0.44%)

Oil (Brent): US$82.55 (-0.15%)

Iron 62pc Fe: US$107.12/t (+0.65%)

AUD/USD: 0.6612 (-0.19%)

Bitcoin: US$67,023.50 (+0.43%)

WHAT GOT YOU TALKING

I think it's pretty clear that Rob Badman reckons you should read this thing about gold that he wrote... or the bear gets it.

The price of #gold is clinging to crucial support levels as we close out a topsy-turvy week for precious metal commodities. https://t.co/SNyg2cFYro

— Stockhead (@StockheadAU) June 14, 2024

FRIDAY’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
TD1	Tali Digital Limited	0.002	100%	270,162	$3,295,156
BCT	Bluechiip Limited	0.005	67%	2,877,901	$3,302,300
G50	G50Corp Ltd	0.163	35%	280,299	$13,114,800
ENT	Enterprise Metals	0.004	33%	247,952	$2,654,163
RAU	Resouro Strategic	0.645	29%	713,912	$0
CCO	The Calmer Co Int	0.009	29%	7,429,718	$9,669,130
SUM	Summitminerals	0.370	28%	6,552,143	$16,487,117
OAU	Ora Gold Limited	0.005	25%	7,116,524	$28,564,639
TMR	Tempus Resources Ltd	0.005	25%	7,114,494	$2,923,995
TX3	Trinex Minerals Ltd	0.003	25%	1,700,000	$3,657,305
NUC	Nuchev Limited	0.135	23%	14,500	$9,902,963
RCR	Rincon	0.080	21%	8,982,455	$19,028,175
AMD	Arrow Minerals	0.003	20%	8,671,143	$26,348,413
EVR	Ev Resources Ltd	0.006	20%	3,976,388	$6,606,357
POS	Poseidon Nick Ltd	0.006	20%	1,993,886	$18,567,674
PRX	Prodigy Gold NL	0.003	20%	1,097,663	$5,294,436
PGO	Pacgold	0.130	18%	395,331	$9,255,998
NSB	Neuroscientific	0.040	18%	288,277	$4,916,566
AQX	Alice Queen Ltd	0.007	17%	1,746,639	$4,145,940
CE1	Calima Energy	0.007	17%	20,396,198	$3,798,485
DOU	Douugh Limited	0.004	17%	240,280	$3,246,207
WML	Woomera Mining Ltd	0.004	17%	689,599	$3,654,417

Enterprise Metals (ASX:ENT) was up sharply this morning, with the company in the middle of an entitlement offer to raise approximately $1.42 million (before costs), at a price of $0.004 per new share, and a $0.006 per share option expiring in two years, for eligible shareholders. Any remainders will form part of a top-up offer.

Resouro Strategic Metals (ASX:RAU) made its debut on the ASX, zipping out to a 30% gain before closing the day around +3% higher.

Tempus Resources (ASX:TMR) completed the acquisition of the Prescott copper and base metals project, ~100km from American West Metals’ (ASX:AW1) Storm project (17.5 Mt @ 1.2% copper and 3.4g/t silver) in Canada. Investors/shareholders rated this news, to the tune of 25% intraday, and counting. A large airborne geophysical survey is reportedly already underway at the Prescott op, which is scheduled to wrap up in mid-July. And this will be followed by a detailed geochemical mapping program, notes the company.

And Pearl Gull Iron (ASX:PLG) was soaring after announcing it’s farming into an an early stage clay rare earths project in Chile, having made strategic acquisition of Huemul Holdings. This will see the company earn up to an 80% interest in NeoRe SpA’s La Marigen project, which is located in a highly prospective area for ionic adsorption clay REE in Chile. The project covers five tenements across a vast area – some  228km2 –  and is situated in an underexplored mineralisation belt.

FRIDAY’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
AXP	AXP Energy Ltd	0.001	-50%	3,888,890	$11,649,361
AUK	Aumake Limited	0.002	-33%	133,042	$5,743,220
JAY	Jayride Group	0.012	-29%	168,695	$4,017,255
AVE	Avecho Biotech Ltd	0.003	-25%	145,000	$12,677,188
PUR	Pursuit Minerals	0.003	-25%	3,176,831	$11,775,886
VML	Vital Metals Limited	0.003	-25%	764,902	$23,580,268
VPR	Voltgroupltd	0.002	-25%	198,199	$21,432,416
NWF	Newfield Resources	0.105	-25%	34,991	$131,698,408
HHR	Hartshead Resources	0.007	-22%	4,889,424	$25,278,139
MSI	Multistack Internat.	0.007	-22%	2,200	$1,226,735
WBE	Whitebark Energy	0.011	-21%	1,263,278	$2,688,005
CRR	Critical Resources	0.008	-20%	819,682	$17,803,503
MCT	Metalicity Limited	0.002	-20%	4,091,567	$11,214,632
SIH	Sihayo Gold Limited	0.002	-20%	6,666	$30,510,640
HXG	Hexagon Energy	0.014	-18%	570,450	$8,719,570
1MC	Morella Corporation	0.003	-17%	3,182,455	$18,536,398
BXN	Bioxyne Ltd	0.005	-17%	8,693,300	$12,279,872
ESR	Estrella Res Ltd	0.005	-17%	720,890	$10,556,231
HCT	Holista CollTech Ltd	0.005	-17%	115,549	$1,672,800
LPD	Lepidico Ltd	0.003	-17%	982,801	$25,767,358
TTI	Traffic Technologies	0.005	-17%	129,400	$5,837,311
BCC	Beam Communications	0.130	-16%	22,743	$13,395,398
OPT	Opthea Limited	0.375	-16%	4,496,391	$296,098,821
APL	Associate Global	0.105	-16%	142,168	$7,061,553
AX8	Accelerate Resources	0.042	-16%	395,506	$31,037,697

TRADING HALTS

NeuRizer (ASX:NRZ) – pending an announcement regarding an ASX Price Query.

PPK Group (ASX:PPK) – pending an announcement regarding an impending decision of the Supreme Court of New South Wales in the matter of Flynn & Anor v PPK Group Limited & Anor.

Emmerson Resources (ASX:ERM) – pending an announcement in relation to a material update on the timing of our joint venture partner’s mill construction at Tennant Creek.

Corazon Mining (ASX:CZN)– pending an announcement regarding a capital raising.

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