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

Here’s everything you need to know before the ASX opens today.

Pic via Getty Images.

Good morning everyone, and welcome to July 30, 2024 – an important date in the history of  super-secret world domination.

It was on this day in 1733 that The Society of Freemasons opened its first lodge in the United States, when 18 men gathered at the Bunch of Grapes Tavern on King Street and inadvertently kicked off a grand conspiracy theory that Freemasons are a secret cabal that secretly run the world.

It’s total rubbish, of course – I’m a Freemason, and I’m barely in control of anything.

Luckily for you, you won’t need to know The Secret Handshake in order to get your hands on good pre-market info today.

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$2,3785.70/oz (+1.37%)

Silver: US$28.07/oz (+0.34%)

Nickel (3mth): US$15,871/t (-0.94%)

Copper (3mth): US$9,086/t (-0.39%)

Zinc: US$2,665/t (-0.60%)

Oil (WTI): US$76.44/bbl (-2.35%)

Oil (Brent): US$80.58/bbl (-2.17%)

Iron 62pc Fe: US$102.15/t (-0.02%)

AUD/USD: 0.6548 (+0.27%)

Bitcoin: US$67,560.10 (-0.50%)

WHAT GOT YOU TALKING

The incomparable Jess Cummins has some eye-opening things to say about what’s happening in the world of silver.

Industrial demand is more than half of #silver demand with a deficit likely to grow 17% this year to its 2nd highest ever level. https://t.co/rWb9MNjchc

— Stockhead (@StockheadAU) July 28, 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
AIV	Activex Limited	0.008	60.0	160,132	$1,077,513
GTR	Gti Energy Ltd	0.004	33.3	833,441	$7,649,841
NGSDA	NGS Ltd	0.029	31.8	247,339	$897,998
PLG	Pearlgullironlimited	0.018	28.6	115,555	$2,863,585
ACP	Audalia Res Ltd	0.019	26.7	78,619	$10,382,043
BUR	Burleyminerals	0.125	25.0	153,533	$15,037,094
MEM	Memphasys Ltd	0.01	25.0	3,356,924	$11,061,985
MTL	Mantle Minerals Ltd	0.0025	25.0	1,270,000	$12,394,892
NTM	Nt Minerals Limited	0.005	25.0	69,157	$4,069,612
TAL	Talius Group Limited	0.01	25.0	5,080,000	$20,595,492
TFL	Tasfoods Ltd	0.02	25.0	435,407	$6,993,528
VRC	Volt Resources Ltd	0.005	25.0	742,833	$16,634,713
OSL	Oncosil Medical	0.011	22.2	26,107,116	$30,584,786
BEL	Bentley Capital Ltd	0.017	21.4	414,031	$1,065,791
OAU	Ora Gold Limited	0.006	20.0	84,628	$35,705,798
HVY	Heavymineralslimited	0.095	18.8	236,430	$5,037,279
AAJ	Aruma Resources Ltd	0.013	18.2	5,640,722	$2,165,807
NGX	Ngxlimited	0.2	17.6	156,129	$15,404,013
BNL	Blue Star Helium Ltd	0.007	16.7	1,168,816	$11,669,312
DOU	Douugh Limited	0.0035	16.7	60,775	$3,246,207

Yesterday’s Small Cap Winners included:

Aruma Resources (ASX:AAJ) was rising quickly Monday morning on news of surface rock chip samples that have led to high-grade copper assay results from the Fiery Creek Copper Project in the Mt Isa copper belt, in northern Queensland.

Terra Uranium (ASX:T92) has received assay results from sampling during the recent field visit to the Amer Lake project, with samples up to 7,950 ppm uranium (0.94% U3O8). The company has also revealed that assessment reporting is now complete and submitted to the Nunavut Mining Recorder for processing which is anticipated to extend the mineral claims expiry by at least 5 – 7 years.

ActivEX (ASX:AIV) was up thanks to a positive quarterly report, with headway made at both its Gilberton Gold Project in North Queensland, and the Aramac REE Project in Central Queensland. The company also outlined plans for further exploration work in the near term.

Beforepay Group (ASX:B4P) was also climbing after a happy quarterly on Monday morning, with the company revealing it has achieved a net profit before tax of $1.4m and an EBITDA of $2.7m. This is the company’s fourth consecutive quarterly un-audited net profit.

New Age Exploration (ASX:NAE) is up on news it has commenced drilling in the next step of its six-month exploration program at the Wagyu Gold Project in the Pilbara, WA, following the successful completion of a cultural heritage survey. The drill program will test high priority targets, including a “Hemi-style” intrusive gold target.

Nagambie Resources (ASX:NAG) was moving quickly on Monday after alerting the market to the fact that the market prices of antimony (Sb) and gold (Au) have currently increased 110% and 24% respectively above the conservative forecasts considered at the time its maiden JORC Resource was announced, which claimed 415,000 tonnes averaging 3.6g/t Au plus 4.3% Sb for in-ground metal content of 47,800oz gold and 17,800t antimony.

Australian reproductive biotechnology company Memphasys (ASX:MEM) was climbing late on Monday, following news that the company has received $1 million from a combination of a sizeable subscription by major shareholder Andrew Goodall, and the arrival of a R&D Tax incentive cheque from the ATO.

NT Minerals (ASX:NTM) also gained ground on news that it has entered into an agreement for an exploration and ownership opportunity in the Archaean Yilgarn Craton of Western Australia. Known as the Twin Peaks project, the site has been identified as prospective for several key minerals, and boasts stratigraphy analogous to the nearby Golden Grove Cu-Zn-Pb-Ag-Au deposit.

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	%	Volume	Market Cap
VPR	Voltgroupltd	0.001	-50.0	750,000	$21,432,416
APC	Aust Potash Ltd	0.001	-33.3	18,000	$6,030,284
RIL	Redivium Limited	0.002	-33.3	92,304	$8,192,564
HCD	Hydrocarbon Dynamic	0.003	-25.0	45,334	$3,234,329
RMX	Red Mount Min Ltd	0.0015	-25.0	446,000	$6,847,155
NFL	Norfolkmetalslimited	0.095	-24.0	5,956	$5,114,492
DNA	Donaco International	0.03	-23.1	2,936,946	$48,180,186
RCR	Rincon	0.077	-23.0	14,093,650	$29,127,568
HE8	Helios Energy Ltd	0.0175	-20.5	21,900,438	$57,289,088
LPD	Lepidico Ltd	0.002	-20.0	1,170,000	$21,472,812
NRZ	Neurizer Ltd	0.004	-20.0	9,621,525	$9,512,153
RLG	Roolife Group Ltd	0.004	-20.0	80,664	$3,970,732
ROG	Red Sky Energy.	0.004	-20.0	6,334,681	$27,111,136
SGC	Sacgasco Ltd	0.004	-20.0	93,750	$4,483,201
TAS	Tasman Resources Ltd	0.004	-20.0	26,500	$3,563,346
ASO	Aston Minerals Ltd	0.009	-18.2	1,410,864	$14,245,707
LAM	Laramide Res Ltd	0.61	-17.6	16,226	$15,062,643
TLG	Talga Group Ltd	0.41	-17.2	2,247,702	$188,143,150
ECS	ECS Botanics Holding	0.015	-16.7	7,449,877	$23,193,892
BCT	Bluechiip Limited	0.005	-16.7	52,432	$7,092,237

TRADING HALTS

Industrial Minerals (ASX:IND) – pending release of an announcement in relation to a proposed capital raising.

Syntara (ASX:SNT) – pending an announcement in relation to the outcome of a capital raising.

Lark Distilling Co (ASX:LRK) – pending an announcement in relation to a proposed capital raising.

Far East Gold (ASX:FEG) – pending an announcement regarding a potential capital raising.

Adavale Resources (ASX:ADD) – pending the release of an announcement in relation to a proposed capital raising and a project acquisition.

TrivarX (ASX:TRI) – pending an announcement regarding the performance results of its Phase 2 SAMDE study.

Nanoveu (ASX:NVU) – pending an announcement regarding EyeFly3D Joint Venture.

Regional Express (ASX:REX) – ending a material announcement in relation to a news article published on Saturday, 27th July 2024.

Lotus Resources (ASX:LOT) – pending an announcement regarding a material agreement, namely a Mine Development Agreement with the Government of Malawi.

Mineral Commodities (ASX:MRC) – pending an announcement regarding a major environmental incident at the Tormin mineral sands mine in South Africa.

Metalicity (ASX:MCT) – pending an announcement in relation to a capital raising.

Rincon Resources (ASX:RCR) – pending an announcement in relation to assay results and a price query.

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