Ten 1c stocks worth a look in Trump | Australian Markets

Ten 1c stocks worth a look in Trump Ten 1c stocks worth a look in Trump

Ten 1c stocks worth a look in Trump | Australian Markets


With Trump’s tariffs sending the market sharply south and nonetheless hanging round like a unhealthy odor, Bulls N’ Bears takes a look at 10 ASX-listed small cap useful resource stocks trading at 1 cent a share or beneath which can be nonetheless nonetheless doing fascinating issues. Many are flying underneath the radar and are going nearly unnoticed by punters, however all have fascinating initiatives.

With the ASX-listed small cap sources space doing it powerful in the final 12 months, the Trump tariffs most likely rubbed a bit of unneeded salt in their wounds however to cite the immortal phrases of investment guru Warren Buffet ought to we “be fearful when others are greedy and greedy only when others are fearful?”.

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With many small caps having expended a lot of power and money chasing lithium and uncommon earths fortunes, the close to collapse in costs for battery metals and demanding minerals in the previous two years has brought on the underside to virtually fall out for the 2 former market darling sectors – at the very least for now.

Many have grow to be trapped holding initiatives which can be abruptly out of favour, snookering these needing additional capital and others could have continued to work in the background on their project, or maybe pivoted to one thing thought-about more fascinating in these altering instances.

The “elephant in the room”, nonetheless, is that many punters will dismiss stocks which can be trading beneath 1c a share on the ASX. However, their conviction that a company trading cheaply couldn’t probably be worth following or investing in, could also be one thing of a fallacy.

Today Bulls N’ Bears appears to be like at 10 corporations with doubtlessly fascinating property that traded at or beneath 1c this month.

BMG RESOURCES (0.9c)

The sub-$10 million market capped junior goldie holds the 518,000-gold ounce Abercromby project, close to Wiluna in Western Australia, that’s grading 1.45 grams per tonne (g/t) on a granted mining lease.

Abercromby is in the identical gold area because the 346,000 ounce Millrose gold deposit, bought by Strickland Metals to gold giant Northern Star for $61 million in 2023, at a time of a lot decrease costs.

An added sweetener is that BMG holds the Bullabulling project, instantly adjoining to the eponymous multi-million-ounce gold project that was just lately snapped up by Minerals 260 for $156.5M money and $10M in company shares.

Shallow drilling at BMG’s Bullabulling project hit 2m at 18.1g/t and 4m going 10.2g/t gold, indicating its potential for vital mineralisation.

EV RESOURCES (0.5c)

The South American-focused explorer has a 70 per cent curiosity in the Parag project in Peru, a bulk-scale porphyry deposit with its copper-molybdenum-silver deposit starting from floor.

Copper porphyry accounts for practically 70 per cent of the world’s copper because it provides a big scale of mineralisation.

EV Resources additionally holds 50 per cent of the drill-permitted Don Enrique copper-silver project in Peru that has a number of compelling targets and entry to water, energy, roads and labour from close by cities.

The company additionally owns the Yanamina gold-silver project in the mining-friendly nation, which has a useful resource of 265,000 ounces of gold and 935,000 ounces of silver.

EV has additionally leapt into the antimony sector, buying the Coyote Creek antimony project in Utah, in the United States. The project consists of a non-JORC useful resource of 12.7 million tonnes grading 0.79 per cent antimony.

Antimony grew to become one of 2024’s large winners after costs for the metallic elevated considerably.

JAVELIN MINERALS (0.3c)

Javelin has two potential gold initiatives close to the well-known WA gold mining city of Kalgoorlie at a time of roaring gold costs, with the yellow metallic up virtually 23 per cent this 12 months.

The company has simply begun a 3000-metre maiden drill program at its just lately acquired Eureka gold project.

Eureka hosts a 112,000-ounce gold useful resource, plus it has extra identified mineralisation from earlier drilling packages sitting outdoors the useful resource space. Several beautiful drill intervals outdoors the useful resource zone embody 4m grading 135g/t gold and 3m at 48.75g/t gold.

Its Coogee gold project has an current gold useful resource of 126,685 ounces and up to date drill testing produced intervals outdoors the useful resource, comprising 5m at 14.22g/t gold from 143m, together with 1m at an spectacular 65g/t, and 10m going 4.55g/t gold from 91m.

The 10m hit confirmed gold extensions beneath the beforehand mined open pit.

MT RIDLEY MINES (0.3c)

Mt Ridley has its Mia clay-hosted uncommon earths project close to Esperance, which comprises 168 million tonnes at 1201 elements per million complete uncommon earth oxides. The project is parked up at current awaiting higher pricing incentives, earlier than Mt Ridley appears to be like to advance the project in direction of manufacturing.

The useful resource comprises precious magnet uncommon earth oxides totalling 25 per cent of the full uncommon earths within the useful resource, with some presence of the higher-value heavy uncommon earth parts terbium and dysprosium.

The company just lately accomplished a rock chip reconnaissance program throughout its Weld Range West iron project, in WA’s Mid West area, the place it unearthed 5 rock chip samples grading from 60 per cent to 62 per cent iron.

The samples from the southern finish of the project displayed greater iron content material. This sits in the western 20 per cent portion of the general Weld Ranges ground owned by Mt Ridley.

The remaining 80 per cent stake in the Weld Ranges space have had substantial sources outlined and are held by Sinosteel and Fenix Resources. No drilling packages have been performed on Mt Ridley’s ground.

REEDY LAGOON CORPORATION (0.2c)

Reedy Lagoon holds the possible Burracoppin gold project, in WA’s Central Wheatbelt area, the place current infill soil samples alongside the western margin of a goal construction at its Windmills prospect produced elevated anomalous gold assays. The outcomes hyperlink up properly with earlier anomalous gold in assays from adjoining sampling.

The 1000m construction seems to have a northeast strike, which is clear in geophysical information and extends the floor zone to a 1.5km strike size.

The company’s Burracoppin iron project includes a magnetite deposit.

Management is targeted on sourcing a three way partnership companion to fund a drilling program to determine a mineral useful resource and develop the project. It plans to provide iron from mining the deposit and processing the ore into a focus appropriate for smelting into an anticipated complete of a million tonnes every year of high-purity pig iron.

TITANIUM SANDS (0.6c)

The company has the Mannar heavy mineral project in Sri Lanka, for which the company is working by means of the required steps to acquire a mining licence.

It is at the moment engaged in environmental research to satisfy the phrases of reference required to finish an environmental affect evaluation (EIA).

When the EIA is accepted, the Sri Lankan Geological Survey and Mines Bureau will problem an industrial mining licence for the project.

Sri Lanka has mined heavy minerals for many years and titanium is in sturdy demand from paint and plastic producers, the aerospace industry and is used in medical units and jewelry.

ENRG ELEMENTS (0.1c)

ENRG holds the Agadez uranium project in the West African nation of Niger. It just lately secured a three-year extension to the three granted exploration permits stretching throughout 726 sq. kilometres that comprise its project ground.

A current trenching program produced a number of spectacular hits of uranium oxide.

The highest pattern returned 58,396 elements per million (ppm) or 5.84 per cent uranium oxide and was accompanied by samples grading 46,805ppm (4.68 per cent), 41,902ppm (4.19 per cent) and 24,125ppm (2.41 per cent) uranium oxide.

The outcomes are in addition to an current inferred mineral useful resource of 31.2Mt at 315ppm for 21.5M kilos of uranium from floor to a depth of 37m.

Management says it’s open to a potential divestment through an earn-in settlement or company transaction.

TRIANGLE ENERGY (0.5c)

Triangle has simply spudded its potential Becos-1 oil exploration nicely in WA’s Perth Basin.

The drill bit was focusing on a fault-trapped rock layer known as the Bookara Sandstone, with outcomes from the drilling anticipated shortly.

Triangle owns 50 per cent of the project, together with working the close by Mt Horner manufacturing licence, which is surrounded by structurally comparable prospects.

The company can also be staking a declare for hydrocarbons in the United Kingdom’s offshore North Sea. It now holds a 50 per cent stake in 4 blocks internet hosting the Cragganmore fuel area and 50 per cent in 9 blocks in the Outer Moray Firth, an inlet of the North Sea.

TMK ENERGY (0.3c)

TMK is pumping out document fuel manufacturing ranges month-on-month at its Gurvantes XXXV coal seam fuel project in southern Mongolia.

In March, the company produced its highest quantity of fuel up to now with 10,000 cubic metres from its Pilot Well project. It has a collection of its Lucky Fox wells up and working on web site, aiming to cut back the reservoir strain in direction of a important desorption degree.

Management is quickly anticipating to provide industrial charges of fuel from the project, which has Mongolia’s greatest contingent useful resource (2C) of 1214 billion cubic toes (BCF) of natural fuel. The project at the moment comprises a 5300 BCF potential useful resource throughout its complete 8400-square-kilometre ground.

Coal seam fuel is taken into account supreme as a “clean transition fuel” as a result of it produces about half the carbon emissions produced by coal-generated electrical energy and burns cleaner than different fossil fuels.

ATOMOS (0.5c)

The tenth and ultimate company is the one one not concerned in the mineral space.

An revolutionary video technology company, Atomos develops versatile handheld video recorders and displays. Its flagship Ninja system is designed to document immediately into fashionable modifying codecs, akin to Apple’s ProRes and Avid’s DNxHD platforms.

By decompressing information from reminiscence size-restricted cameras onto the system customers can remodel low-resolution digital information into high-quality video recordsdata.

Atomos revealed a suite of new services and products on the current NAB Trade Show in Las Vegas. The show is famend as the last word occasion in the world of media, leisure and technology and is a key focus level for entrepreneurs in the broadcasting, digital media and movie sectors.

(Article relies on share costs as of April 8, 2025.)

Is your ASX-listed company doing one thing fascinating? Contact: [email protected]

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