- Small Caps Gain 1.76% Over Last 5 Days, ASX Gains
- Dynamic Metals spin-out from Jindalee Resources listed on ASX
- Graphite explorer Lincoln Resources has resumed trading ASX after a 2020 hiatus.
By 4pm AEDT on Friday, the S&P/ASX Emerging Enterprises Index (XEC), the benchmark for Australian micro-cap companies, was up 1.92% over the past five days, up 7.55% in the past. Moon.
The benchmark S&P/ASX 200, home to the top 200 ASX-listed companies by float-adjusted market capitalization, is up 2.42% over the past five days and 4.52% over the month.
All 11 sectors performed well, except for utilities, which fell 1.65% over the last five days. Healthcare led the winner, up 4.8%, to the delight of Morgan’s Scott Power. Energy he rose 2.42% and consumer goods he rose 2.35%.
Weekly economic overview
A good amount of important economic data has been released this week, not just for Australia, but globally. Here’s a quick summary:
US Job Market Still Hot Weekly first claims for unemployment benefits in the US fell from 15,000 to 190,000, the lowest level since September. in the meantime, Australia’s job market is softening With the unemployment rate rising from 3.4% to 3.5% in December, a further surge in RBA rate hikes is even less likely.
US retail sales fell 1.1% in December, worse than the expected decline of 0.9% and the biggest decline in 12 months.
The Bank of Japan (BOJ) has decided to keep its yield curve control policy unchanged, keeping key rates on hold and maintaining its dovish policy.
China’s economy or GDP grew by only 2.9% in the October-December period, the second slowest pace since the 1970s.
Prices also fell to a four-month low of +0.2% in November-December, according to Australia’s Monthly Inflation Gauge. Year-over-year, however, the measure is still +7.3%, but the lower month-over-month result should give the RBA some reassurance heading into his February meeting.
ASX IPO this week
Listing: January 16
IPO: $7 million at 20 cents per share.
of Jinderly Resources (ASX:JRL) The spin-out dropped 2.5% at the close of the first day, trading at 19 cents a share, dropping to 17.5 cents at some point in the week before rebounding to its listing price of 20 cents.
DYM’s flagship project, Widgiemooltha, covers approximately 880 km2 between Norseman and Kambarda, Washington.
The area is famous for its numerous nickel and gold mines, but more recently lithium prospects have been highlighted.
Nickel-targeted RC drilling is planned at Widgiemooltha, with area mapping and sampling planned to produce lithium targets.
ASX Small Cap Winners:
Here are the best performing ASX small caps from January 16th to 20th:
Swipe or scroll to see the entire table. Click a heading to sort:
| code | company | price | % week | market capitalization |
|---|---|---|---|---|
| ADG | Adelong Gold Limited | 0.018 | 200% | $8,258,801.33 |
| LML | lincoln minerals | 0.017 | 148% | $3,941,168.18 |
| ALT | Analytica Limited | 0.002 | 100% | $9,227,602.26 |
| PRM | prominence energy | 0.002 | 100% | $4,849,217.64 |
| bass | Bath Oil Co., Ltd. | 0.1725 | 90% | $42,866,763.36 |
| AAJMore | Alma Resources Co., Ltd. | 0.092 | 61% | $15,225,265.79 |
| C1X | space exploration | 0.33 | 61% | $6,750,000.00 |
| MPG | Many Peaks Gold Limited | 0.345 | 60% | $10,525,120.00 |
| cuff | Kyufe Co., Ltd. | 0.023 | 53% | $17,390,022.57 |
| PMTs | Patriot Battery Metals | 1.27 | 52% | $144,861,381.50 |
| AMD | arrow minerals | 0.006 | 50% | $15,202,590.56 |
| NTL | New Talisman Gold | 0.003 | 50% | $9,381,676.09 |
| TD1 | Tali Digital Limited | 0.003 | 50% | $8,325,466.88 |
| WBE | white bark energy | 0.0015 | 50% | $6,464,885.86 |
| FFGMore | fat fish group | 0.0245 | 44% | $23,836,737.17 |
| PRS | Prospec Limited | 0.033 | 43% | $2,913,853.57 |
| CR9 | cholerales | 0.03 | 43% | $8,534,453.84 |
| Tier | Tian An Aust Limited | 0.3 | 43% | $21,652,207.50 |
| SMX | security matters | 0.22 | 42% | $37,780,095.15 |
| documents | Dokodemo Doctor Care | 0.075 | 42% | $27,864,810.70 |
| IPT | impact minerals | 0.0105 | 40% | $24,813,705.56 |
| Aya | Altria exclusive | 0.49 | 38% | $23,861,538.74 |
| ADRMore | Adelium Co., Ltd. | 0.0055 | 38% | $24,897,191.38 |
| BMO | bastion mineral | 0.044 | 38% | $4,091,747.48 |
| BTRMore | Brightstar Resources | 0.0275 | 38% | $19,899,091.75 |
| MKL | Mighty Kingdom Co., Ltd. | 0.037 | 37% | $5,549,140.87 |
| GTN | GTN Limited | 0.505 | 36% | $107,733,082.18 |
| NXLMore | Nuix Limited | 0.935 | 35% | $298,275,906.36 |
| key | key petroleum | 0.002 | 33% | $3,935,856.25 |
| MTH | Mythril resource | 0.004 | 33% | $13,052,360.74 |
| WFLMore | Welful Limited | 0.02 | 33% | $5,867,223.44 |
| Ios | electro-optical system | 0.72 | 32% | $135,276,444.74 |
| KSNMore | Kingston Resources | 0.13 | 31% | $45,721,902.16 |
| M24 | mamba expedition | 0.21 | 31% | $9,700,250.69 |
| OPL | opil limited | 0.038 | 31% | $2,433,977.98 |
| niece | meteor resource | 0.069 | 30% | $94,630,437.00 |
| CLA | Celsius Resources Limited | 0.022 | 29% | $32,630,409.90 |
| BLG | bluegrass limited | 0.036 | 29% | $46,884,309.36 |
| TMB | Tambura Metals | 0.135 | 29% | $4,737,148.77 |
| KWRMore | King West Resources | 0.05 | 28% | $11,832,526.36 |
| bus | Bubalus Resources | 0.23 | 28% | $5,950,158.50 |
| KCCMore | Kinkora Copper | 0.092 | 28% | $9,872,064.84 |
| DRO | drone shield limited | 0.325 | 27% | $151,099,064.98 |
| A3D | Aurora Labs Limited | 0.0395 | 27% | $7,182,164.65 |
| 1AG | Altera Limited | 0.014 | 27% | $9,751,735.67 |
| 1CG | One Click Group Co., Ltd. | 0.014 | 27% | $7,368,850.79 |
| CCX | City Chic Collective | 0.655 | 27% | $165,822,861.49 |
| FMS | Flinders Minds Co., Ltd. | 0.5 | 27% | $78,514,588.31 |
| AMX | Aerometrex Limited | 0.575 | 26% | $56,755,299.60 |
What went up in price this week Adelonggold (ASX:ADG) Full 142% on Tuesday morning after a follow-up drilling program in Gibraltar showed a series of hits like 3m at 12.57g/t Au from 20m, including 1m at 34.6g/t bolted.
Capped at $8 million, Adelong may still be a minor in the market, but it’s a huge achievement in daily profits and deserves a round of applause.
Trading is currently suspended pending the announcement of the cap increase.
Graphite Explorer is #2 this week Lincoln Minerals (ASX:LML), Resurrected from the dead and relisted today.
The company’s flagship business is the Kookaburra Gully Graphite Project in South Australia, where the company will focus on pre-development drilling.
“Lincoln Minerals’ revamped board and management team bring new passion to the company and the diverse set of investments needed to grow LML into the premier graphite producer and create value for all stakeholders.” skills,” the company said in December.
“Future graphite production from the Kookaburra Gully Project may pave the way for LML to expand the scope of its business by exploring value-added opportunities for the graphite it produces.”
ASX Small Cap Losers:
Here are the worst performers for ASX small caps from January 16-20:
Swipe or scroll to see the entire table. Click a heading to sort:
| code | company | price | % week | market capitalization |
|---|---|---|---|---|
| ANL | Amani Gold Limited | 0.001 | -33% | $24,693,441.13 |
| Ally | Alchemy Resource Co., Ltd. | 0.0165 | -31% | $20,027,296.35 |
| BGE | Bridge SaaS | 0.062 | -31% | $2,032,520.70 |
| MGG | Mogul Games Grp Ltd | 0.0015 | -twenty five% | $3,263,441.20 |
| HMY | Harmony Co., Ltd. | 0.51 | -twenty three% | $52,808,905.24 |
| RR1 | Reach Resources Limited | 0.0035 | -twenty two% | $7,640,202.56 |
| ASNs | Anson Resources Limited | 0.175 | -twenty two% | $217,977,160.76 |
| AMT | allegra orthopedics | 0.078 | -twenty two% | $8,147,817.83 |
| NAG | Nagambie Resources | 0.051 | -twenty two% | $27,214,133.61 |
| PPY | papyrus australia | 0.037 | -twenty one% | $21,133,229.99 |
| NWM | norwest minerals | 0.057 | -twenty one% | $13,104,335.83 |
| QGLMore | quantum graphite | 0.54 | -twenty one% | $175,462,285.47 |
| AUK | Ohmake Limited | 0.004 | -20% | $3,497,787.70 |
| AUR | Auris Minerals Co., Ltd. | 0.016 | -20% | $8,579,267.23 |
| AYM | australia united min | 0.004 | -20% | $7,370,309.94 |
| MTL | Mantle Minerals Limited | 0.002 | -20% | $10,691,210.15 |
| PHL | Propel Holdings Co., Ltd. | 0.028 | -20% | $4,245,329.28 |
| RBL | red bubble exclusive | 0.4725 | -19% | $136,082,909.27 |
| OKJMore | Okagy Co., Ltd. | 0.026 | -19% | $2,377,596.78 |
| SKN | Skin Element Co., Ltd. | 0.013 | -19% | $6,059,753.66 |
| six | Sprintex Co., Ltd. | 0.033 | -19% | $8,393,692.79 |
| AU1 | Agency Group Aus | 0.027 | -18% | $12,857,297.67 |
| LDX | lumos diagnostic | 0.036 | -18% | $8,214,755.95 |
| PXX | Porlux Limited | 0.023 | -18% | $32,470,725.82 |
| LRDMore | Primary resource | 0.185 | -18% | $6,656,924.20 |
| N1H | N1 Holdings Co., Ltd. | 0.165 | -18% | $14,529,169.55 |
| STGs | Translation of Straker | 0.95 | -17% | $65,123,599.68 |
| ICGMore | Inca Minerals Limited | 0.024 | -17% | $12,071,334.33 |
| my E | Metalock Group Co., Ltd. | 0.22 | -17% | $27,508,434.87 |
| CAV | carnival resources | 0.005 | -17% | $13,667,758.64 |
| CPTMore | Cipherpoint Limited | 0.005 | -17% | $5,631,082.87 |
| FTC | Fintech Chain Co., Ltd. | 0.025 | -17% | $19,523,087.64 |
| Ori | Olimpio Metals Limited | 0.15 | -17% | $5,879,478.00 |
| RBR | RBR Group Co., Ltd. | 0.0025 | -17% | $3,516,844.99 |
| REZ | Resources & En Grp Ltd | 0.015 | -17% | $7,497,086.84 |
| CAU | Chronos Australia | 0.485 | -16% | $278,266,035.50 |
| GSM | golden state mining | 0.042 | -16% | $5,265,639.18 |
| Four | Fosco Corporation | 0.105 | -16% | $28,813,401.96 |
| CMX | chemx material | 0.16 | -16% | $8,105,780.16 |
| SOVs | Sovereign Cloud Holdings | 0.135 | -16% | $23,807,094.64 |
| BVR | Bellavista Resources | 0.22 | -15% | $8,029,452.20 |
| LCTs | Living cell technology. | 0.011 | -15% | $16,067,046.54 |
| A1G | African Gold Limited | 0.083 | -15% | $12,585,171.07 |
| MQRs | Marquee Resource Co., Ltd. | 0.039 | -15% | $12,433,885.19 |
| MFDs | Mayfield Childcr Inc. | 1.18 | -15% | $90,784,659.95 |
| CBY | Canterbury resources | 0.034 | -15% | $4,556,800.02 |
| NSX | NSX Limited | 0.068 | -15% | $27,221,365.46 |
| LME | Limeade Co., Ltd. | 0.245 | -15% | $62,786,863.93 |
| Eye | Novai Medical Co., Ltd. | 0.26 | -15% | $36,470,862.25 |
| HGO | hillgrove less limited | 0.064 | -15% | $77,503,077.76 |
| C29 | C29 metal | 0.205 | -15% | $9,100,719.76 |
