4 Small Cap stocks to look at

SmallCapstockstolookat

Below is a look at 4 small-cap stocks and some of these have seen volatility owing to commodity prices.

Admedus Limited (ASX:AHZ) is under health care sector and is into developing, investing and delivering leading edge medical technologies on immunology and other healthcare fronts. The stock last traded at a market price of $0.135 with a flat movement, as at market open on August 03, 2018. The stock has seen a performance change of -46.00% over the past 12 months. The market capitalization for the stock is $38.34 million. The securities of the company have gone under the trading halt at the request of the company pending an announcement regarding a capital raising. In order to securing $8.76 million before costs in additional investment, a placement and share purchase plan was taken up recently. Record revenue of $6.6 million for the June quarter was delivered by the company and this showcases improvement in performance. The group is now signing many agreements for distribution, including the one lately signed in Italy.

Argosy Minerals Limited (ASX:AGY), the lithium player under the metals and mining sector, saw its stock trading at a market price of $0.170 and the stock has seen a performance change of 120.78% over the past 12 months. Argosy Minerals, under option comprising a total of 2,572

hectares of significant lithium and associated infrastructure services, and mining easement right landholdings, completed outright purchase of Rincon Lithium project mining tenements. For potential off take and other LCE (lithium carbonate) end-users, the company has continued engagement with Asian and other LCE end users.

Altura Mining Limited (ASX: AJM) is under metals and mining sector with Pilgangoora Lithium project as a key asset for operations. The stock traded at a market price of $0.27 and a market capitalization of $473.17 million, as at market open on August 03, 2018. The performance change over the past 12 months has been 52.94%. The company has recently had a first lithium concentrate produced at the Altura Lithium Mine and the process plant commissioning at the Altura Lithium operation is targeting a SC6 product for the life of mine. The year on year revenue for Altura Mining Ltd had fallen by -5.85% from 1.35 million to 1.27 million. From a loss of $31.50 million to a smaller loss of $6.13 million, the company grew its net income.

Pilbara Minerals Limited (ASX: PLS) is a well-known lithium player under metals and mining sector, with mine development and Lithium and Tantalum exploration. The stock was trading at a market price of $0.895, as at market open on August 03, 2018 with outstanding update from its Pilgangoora DFS result; and has a market capitalization of $1.47 billion. PLS has witnessed a performance change over the past 12 months of 119.48%, but has been slammed since 2018 beginning owing to volatility in lithium prices. The company is on track to become a major global lithium producer, with pathway to full production clear and commissioning on track. Construction of the Stage 1 concentrator has been largely completed. With 213 million tons grading 1.32% spodumene and 116 ppm Tantalum oxide, there is a 36% increase in tonnage and increase in grade to the Pilgangoora Mineral Resource. The cash balance was about A$120 million as at June 30, 2018. The Company received cash proceeds of A$55.4M from the second drawdown of the senior secured bond facility, during the June Quarter.

Sponsored ad by Kalkine

[pluginops_form template_id=’23834′ ]

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


Disclaimer

The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Facebook Comments

Join Our Discussion

Start discussion with value Investors for ASX Stock Market Investment and Opinion.


6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report

LEAVE A REPLY

Please enter your comment!
Please enter your name here