ASX Small Caps Weekly Form Guide

详细摘要

Stockhead’s end-of-week wrap covering small-cap ASX movers, news of note and expert recommendations. ... Read More The post ASX Small Caps Weekly Form Guide appeared first on…

Stockhead’s end-of-week wrap covering small-cap ASX movers, news of note and expert recommendations.

S&P/ASX 200 (XJO): +0.54%, past five days; S&P/ASX Small Ordinaries (XSO): +1.48%, past five days

(Figures accurate at time of writing on the Friday afternoon home stretch.)

The ASX barely bothered on Monday, up 0.10%, then Tuesday went full send with a 1.10% jump as small caps and tech remembered how fun this whole stockmarket thing can be.

Wednesday ground out another tiny win before Thursday coughed up 0.07% as miners ruined the mood.

By Friday lunchtime the ASX was down 0.9% after Wall Street went soggy again. Right, okay… message received, universe: don’t get too comfortable.

This week, Blue Ocean Equities senior resources analyst Carlos Crowley Vazquez provides his recommendations.

It has one of the highest-grade copper projects on the ASX (Caribou Dome within the Alaska Range Project) being funded by NST in JV.

The company also has good projects within Nevada that are attracting North American interest, so there is potential for PXX to consider a dual listing on Nasdaq and materially re-rate.

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