What’s Hot – AKN, ENX, GRL, SMS, FUN, 3DA, COV, PAT, PAT, PGO, BHL, BSX & SIX
What’s Not – A2M
What’s Hot
AKN – AuKing Mining Limited today closed up 60% to finish at 0.8c on $570k stock traded. There was no news out today but last week they announced a placement to raise $1.5m @ 0.35c.
The funds raised will be used to advance its exploration programs along with providing flexibility to evaluate and pursue strategic opportunities.
ENX – Enegex Limited today closed up 29% to finish at 29c on $250k stock traded. The reason they were up today was because they announced assay results from its Tougbe permits located in Cote D’Ivoire.
An auger drilling program has defined a substantial 650m long >100m wide target with assays returning up to 18m @ 1.59 g/t Au including 8m @ 3.22 g/t Au from surface.
GRL – Godolphin Resources Limited today closed up 20% to finish at 4.9c on $1.5m stock traded. The reason they were up today was because they announced American Rare Earths (ARR.asx) had sold its 84.9m shares in GRL.
ARR decided to sell its holdings in GRL after a strategic review of its non-core assets with prioritisation of its flagship assets.
SMS – Star Minerals Limited today closed up 18% to finish at 5.9c on $160k stock traded. There was no news out today but on Friday they announced grade control drilling had recommenced at the Tumblegum South Gold Project located in WA.
The closely spaced holes will be used to guide the mining process, ensuring that the best economic result is achieved through efficient mining of the deposit.
FUN – Fortuna Metals Limited today closed up 18% to finish at 9.2c on $130k stock traded. There was no news out today but last month they announced an exploration update for its Mkanda Rutile-Graphite Project located in Malawi.
A hand auger drill program has confirmed in-situ rutile grades of up to 2.21% rutile and continuous drill intervals of 10m @ 1.66% rutile & 10m @ 1.32% rutile.
3DA – Amaero Limited today closed up 16% to finish at 36.5c on $7.1m stock traded. The reason they were up today was because they released its quarterly report which highlighted a 366% increase in revenue for H1 FY26 on the previous corresponding period (pcp).
Amaero continued to execute on its strategy to establish a scaled, cost-competitive U.S. domestic manufacturing platform for high-value refractory and titanium alloy powders and near-net-shape PM-HIP components.
COV – Cleo Diagnostics Limited today closed up 14% to finish at 86.5c on $960k stock traded. There was no news out today but last month they announced a placement to raise $5m @ 60c through Petra Capital.
The funds will be used to support the U.S. commercial launch of its pre-surgical ovarian cancer test, including market entry activities, reimbursement initiatives and expansion of commercial manufacturing capacity.
PAT – Patriot Resources Limited today closed up 13% to finish at 6.8c on $140k stock traded. There was no news out today but last week they announced an exploration update for its 80% owned Kitumba 27715 Project located in Zambia.
A phase 1 trenching program has returned assays of up to 14m @ 0.33% CuEq comprising 0.20% Cu, 4.18g/t Ag, 0.19% Zn & 0.05% Pb.
PGO – Pacgold Limited today closed up 13% to finish at 13c on $600k stock traded. There was no news out today but roughly a fortnight ago they announced an update for its White Dam Gold Project located in South Australia.
Cyanide irrigation is now underway along the western wall of the heap leach pad at the White Dam.
BHL – Black Horse Mining Limited today closed up 12% to finish at 41c on $150k stock traded. There was no news out today but last month they announced exploration had commenced at its Mt Egerton gold project located in Victoria.
BHL commenced a ground magnetotelluric (MT) geophysical survey to help identify the location of underground workings, BHL has already found that interpreted historical shaft locations are 30-40m from their noted position.
BSX – Blackstone Minerals Limited today closed up 10% to finish at 5.7c on $630k stock traded. There was no news out today but last month they announced managing director Mr Scott Williamson had resigned from his role.
In the interim, the Board has appointed current non-executive director, Mr Geoff Gilmour to act as executive chairman, effective immediately.
SIX – Sprintex Limited today closed up 10% to finish at 9.6c on $300k stock traded. There was no news out today but roughly a fortnight ago they announced placement to raise $2m @ 7.5c through Alpine Capital.
The placement was cornerstoned by MWP Partners Limited, a leading Hong Kong-based investment firm and includes commitments from existing major shareholders CAHL and Euro Mark.
What’s Not
A2M – The A2 Milk Company Limited today closed down 12% to finish at $8.30 on $32m stock traded. There was no news out today but they did mention its 1H26 financial results would be released on Monday the 16th of February.
At one point today, A2M’s share price had fallen by more than 14% to $8.01 off no news, that is more than $1 billion wiped from its market cap in the space of less than an hour.