Friday, September 30, 2022

Closing the bell AsX Mining Junior Junior Running Hot, Capital Increases, Business Stops, Significant Achievements – Stockhead

  • ASX posted a steady profit on Tuesday
  • Movement remains strong in the area of ​​small cap resources
  • U.S. stocks ~ 0.3% higher futures

Local stocks closed the post-Easter food coma with strong gains on Tuesday – a stable period in the relatively volatile year so far.

Micro Cap’s emerging companies’ index rose to around 0.7% after a day of trading.

There were plenty of Junior Resources stocks on today’s small cap winners list, some solid drilling results and investors in speculative exploration and development projects.

Six wealth companies have started trading today, including three different capital accumulations and pending procurement notices (see below).

As ASX Minor Junior Continues Demand, Metal Markets Remain Pleased By Chinese Policymakers

In international markets, U.S. stocks are up 0.3% ahead of Tuesday’s session following a week of low trading volume following investors’ return from Easter.

Today’s Big Little Cup winners

(Shares listed on Yellow Rose after making announcements on business day).

Scroll or swipe to display table. Click titles to sort.

A large percentage were entering small hats. ASD: RABB2B Technology Company formerly known as AppsVillage.

The company raised ሚ 5m for its IPO by $ 5m in 2019, but the stock closed at 1.3c before Easter.

At the end of March, the addressee indicated that he wanted to be removed from the ASX, subject to certain conditions.

Shares rose more than 100% on Tuesday.

NICO RESOURCES (ASX: NC1) was one of the largest news outlets in the afternoon.

At more than $ 1.60 today, NC1 closed at a 10 x profit since raising $ 12 million in January by 30 cc.

The company is focused on developing the Wingelina project – one of the largest unfinished cobalt nickel projects in the world.

Today, NC1 Managing Director Rod Corps acquired $ 771,250 worth of shares on April 13, gaining more than 700,000 shares in the stock market.

In a two-day transaction since then, the package is now worth more than $ 1.1 million.

Among the youngest winners, Aruma Resources continued its strong year, rising before it went into trading until the ASX price demand was met.

The AAJ has gained momentum following a gold strike on its salmon mastic project in WA, and its share has more than doubled by 2022.

Today’s big little cap losers

(Yellow stocks fall after posting announcements on trading day).

Scroll or swipe to display table. Click titles to sort.

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Yandal Resources (ASX: YRL) has launched a two-pronged diamond drilling program to test the high level of mineralization that has been overshadowed by Malone’s 100% Gordens Gold project in Western Australia.

Managing Director Tim Kennedy said the company will monitor the drilling program with a more robust RC program.

Copper Mountain Mining Corporation (ASX Recognition 6C) has announced the appointment of veteran mining engineer Jenne Hall.

Hull has over 35 years of leadership and engineering experience, serving as Executive Vice President and subsidiary of Pebodi Energy Corporation CTO (NYSE: BTU) and COO for Kennecott Utah Copper Mine in Rio Tinto (ASX: RIO).

XX Remaining MRC will receive a መንግስት $ 3.94 grant from the Federal Government to grow its integrated Graphite Or-Battery Anodes based on the Munglinup Graphite project in Western Australia.

The support is part of the Federal Government Critical Minerals Initiative (CMAI) and directly supports Stage 1 project. Jacob Diesel, Managing Director, said it was an important program to increase Australia’s critical mineral value and support accelerated development.

Shopping stops

Aruma Resources (ASX: AAJ) – Response to ASX price query
Xanada Mines (ASX: XAM) – Increasing capital
Minrex Resources (ASX: MRR) – Increasing capital
Petratum (ASX: PTR) – Results of excavation
European Minerals (ASX: AOU) – Planned to buy
Adveritas Ltd (ASX: AV1) – Increasing capital
Krakatoa Resources (ASX: KTA) – Increasing capital
Universal Biosensor (ASX: UBI) – Increasing capital

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