What’s Hot – NYM, TSK, PR1, AKN, EDE, MGU, YUG, RGL & SQX
What’s Not – 5EA
What’s Hot
NYM – Narryer Metals Limited today closed up 130% to finish at 5.3c on $500k stock traded. The reason they were up today was because they announced a strategic placement to raise $1.056m @ 3c.
TSK – Tusker Minerals Limited today closed up 51% to finish at 11c on $180k stock traded. The reason they were up today was because they announced a binding agreement was entered with AuKing Mining (AKN.asx) to divest its Tundulu REE Project located in southern Malawi.
PR1 – Pure Resources Limited today closed up 31% to finish at 49c on $170k stock traded. There was no news out today but on Monday they announced the appointment of Mr Rocco Tassone as interim CEO.
AKN – AuKing Mining Limited today closed up 26% to finish at 2.4c on $1.3m stock traded. The reason they were up today was because they announced the acquisition of the Tundulu REE project located in south-eastern Malawi.
EDE – Eden Innovations Limited today closed up 17% to finish at 21c on $5m stock traded. The reason they were up today was because they announced the launch of EdenShield.
MGU – Magnum Mining and Exploration Limited today closed up 17% to finish at 0.7c on $800k stock traded. There was no news out today but on Wednesday they announced the appointment of Mr Antonio Vitor Junior as Managing Director.
YUG – Yugo Metals Limited today closed up another 16% to finish at 9.6c on $230k stock traded. There was no news out today but on Monday they announced a drilling update from its Sinjakovo Project located in Bosnia and Herzegovina.
RGL – Riversgold Limited today closed up 15% to finish at 1.5c on $270k stock traded. There was no news out today but on Wednesday they announced assay results from the Northern Zone Intrusive Hosted Gold Project within its Kalgoorlie Gold Project located in WA.
SQX – SQX Resources Limited today closed up 13% to finish at 13c on $100k stock traded. There was no news out today but on Monday they announced further assays from its Red Bird Gold Project located in Arizona, US.
What’s Not
5EA – 5E Advanced Materials Limited today closed down 20% to finish at 18.5c on $155k stock traded. The reason they were down today was because they announced it has requested and received from approval to delist from the ASX.
Rats Rant – IMPORTANT INFORMATION
The idea of this report is to be informative and hopefully point out some stocks that you wouldn’t ordinarily have seen during the day, maybe even have a laugh too.This report IS NOT personal advice. Sanlam Private Wealth Pty Ltd DOES NOT PROVIDE personal advice, Sanlam Private Wealth provides General Financial Product Advice.All advice included in The Rat’s Rant is General Advice. Please refer to the General Advice Warning. The views expressed in this report are my views and may not necessarily reflect the same views as Sanlam Private Wealth.It is very important to refer to the ASX website for information on any companies / stock that are contained in this report and as always please consult your financial adviser before acting.
Important Notice
Rat Consulting Pty Ltd (ABN 81 148 181 588 ) Authorised Representative (No 001281456) of Sanlam Private Wealth Ltd (ABN 18 136 960 775) holder of Australian Financial Services Licence (AFSL 337 927).