metals News | The Market Online The Market Online – First with the news that moves markets. Breaking Australian stock market news, ASX 200 announcements and the latest ASX news today. Tue, 10 Sep 2024 06:46:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 Recycling interest in Sims on Wealth Within https://themarketonline.com.au/recycling-interest-in-sims-on-wealth-within-2024-09-10/ Tue, 10 Sep 2024 06:46:22 +0000 https://themarketonline.com.au/?p=714720 Metals recycler Sims Ltd (ASX:SGM) is Dale Gillham’s ‘Hot Stock’ on the HotCopper Wealth Within show today.

Sims attained 313% over 108 weeks from 2020. It’s fallen for more than 120 weeks now, but not by that much.

Dale Gillham said if Sims breaks through the $11.35 mark, it might be a ‘buy’.

“I like this stock at the moment,” Mr Gillham said.

“But remember it’ll be slightly higher risk because of such big fall, but I don’t think it’s too bad at the moment, and, as long as you have you stop loss on it, you’ll be doing ok.”

Sims has been down nearly 1.7% today, closing at $10.47.

Milking it with caution

The ‘Proceed with Caution’ stock is The A2 Milk Company (ASX:A2M) which closed up nearly 1.3% at $5.60.

Pizza’s on the nose

But the ‘Not Hot’ stock is Domino’s Pizza Enterprises (ASX:DMP) again!

Dale Gillham predicts it could drop 90% from its peak in 2022 at above $167. Today it closed at $29.34 and he says it’s ‘heading south’.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

Disclaimer:While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon.

Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.

The material provided in this article is for information only and should not be treated as investment advice.

Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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Largest drill campaign to begin: Saturn Metals at Diggers & Dealers https://themarketonline.com.au/largest-drill-campaign-to-begin-saturn-metals-at-diggers-dealers-2024-08-07/ Wed, 07 Aug 2024 05:57:17 +0000 https://themarketonline.com.au/?p=709140 Saturn Metals (ASX:STN) will begin is largest-ever drilling campaign along strike from its 1.84 million ounce Apollo Hill gold deposit within weeks.

MD Ian Bamborough has been at Diggers & Dealers discussing the project with investors in Kalgoorlie this week.

Mr Bamborough told me the company’s raised $14 million and is about to start its 50,000 metre exploration campaign, exploring along strike from the existing resource, which will include two significant geological targets.

The Apollo Hill gold project is more than two hours drive north-northeast of the event and is a lower-grade, but large volume deposit.

Disclaimer: The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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Heavy on metals in January’s ASX listings https://themarketonline.com.au/heavy-on-metals-in-januarys-asx-listings-2023-02-03/ Fri, 03 Feb 2023 02:12:42 +0000 https://themarketherald.com.au/?p=604750 Six companies have listed on the ASX in the first month of this year.

The debutants were:

Heavy mineral sands and rare earths-focussed ACDC Metals (ASX:ADC), which has a portfolio of projects in Victoria’s Murray Basin Mobile phone camera tech developer, Acusensus (ASX:ACE) Lithium, nickel and gold explorer in Western Australia, Dynamic Metals (ASX:DYM) South Australia-based Gold Hydrogen (ASX:GHY). Gold Hydrogen has former politician and diplomat Alexander Downer as its independent Non-Executive Chair High-Tech Metals (ASX:HTM) , which has a cobalt project in Canada Victorian-focussed rare earths and mineral sands company, VHM (ASX:VHM)

Another company, Battery Age Minerals is due to start trading on the ASX on Monday under the ticker code BM8.

It’s a re-listing focussed on the Falcon Lake lithium project in Canada, with secondary projects targeting copper in Morocco and zinc, lead and germanium in Austria.

BM8 has raised $6.5 million through the listing process with 40-cent shares.

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