Articles On Cannindah Resources (ASX:CAE)

Highlights Cannindah Resources has reported robust assay results from holes 7 & 8 at the Mt Cannindah project. The extensive high-grade results open up new possibilities for the southern portion of the project, expanding the prospe...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium.   After a huge collective performance in 2021, the froth has been blown off l...

Prices for rare earths neodymium and praseodymium have exploded to record highs Chinese rare earth company swoops on Aussie junior Peak Rare Earths (ASX:PEK) Desperate battery makers continue buying lithium at any price Our High Voltage c...

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

Cobalt prices hit US$70,000/t in December; a 119% increase over 12 months ‘While Gigafactories pop up at record speeds, developing industrial-scale [cobalt] mines still takes 10-15 years’: Eurasian Resources Group Lithium producers are rak...

Tesla rakes in biggest quarterly profit ever as EV sales explode. Elon Musk says iron, not nickel-rich chemistries will power “Terrawatt-hour” energy storage business. GWR Group trades iron ore for magnesium in green push. Our High Volta...

Cannindah Resources (CAE) receives encouraging results from hole #4 drilled in the northern sector of the Mt Cannindah copper-gold-silver breccia deposit in Queensland The company says the mineralised intercept from hole #4 totalled an imp...

When markets get the jitters, smaller companies are often in the firing line and ASX microcaps have copped the brunt of the impact from last week’s global stock selloff. The composite microcap Emerging Companies index slumped by more than 3...

Stockhead’s Top 10 at 10, published at 10.40am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Key points Compliance officers with the ASX wrote to Cannindah yesterday requesting more information about recent trading activity. Cannindah has eclipsed an 82% gain in the last week of trading, sparking the ASX interest. The company...

The ASX 200 posted a small 0.11 fall on Tuesday, outperformed by the small end of town as the microcap Emerging Companies index rose by 0.66%. There were no clear catalysts as Asian markets struggled for direction after Wall Street was clos...

Local stocks end up posting a solid session on Monday, following some steady gains on Wall Street on Friday night. Things looked shaky early, but the ASX 200 steadied in afternoon trade to finish around 0.5% higher. ASX 200 tech stocks rose...

Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u...

The ASX drifted sideways on Wednesday, as uncertainty continues to linger around the outlook for monetary policy, interest rates and broader market liquidity following the reappointment of Jerome Powell as US Fed chair. While the ASX 200 tr...

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

The ASX finished the day in the green and Ventia Service (ASX:VNT) defied the pattern of $1b+ floats underperforming by gaining 22% on its opening day. Also listing today was Cooper Metals (ASX:CPM) and it had a gain too, rising 10% today....

Highlights  Stocks offering high returns attract market participants. Stocks delivering strong return gives a positive impression about the Company. RHI, RNU, CAE, PH2, CTT are a few top players offering YTD returns of more than 500%....

After climbing into midday trade, the ASX 200 lost ground in the afternoon to finish 0.14% lower. There were sharper falls in the ASX microcap Emerging Companies index, which fell by 1.63% — its worst session since September 20. At the big...

Here’s the right way to grab attention. Step one, drill a resource extension hole. Step two, intersect 493m of mineralisation grading 1.17% copper equivalent from surface. That’s exactly what Cannindah Resources (ASX:CAE) has achieved at it...

Shares in Cannindah Resources Ltd (ASX: CAE) charged down today to finish 42.11% in the red. In somewhat surprising fashion, the mineral explorer’s share price plummeted following a company update outlining progress at its Mt Cannindah si...

The ASX closed down again today in spite of resources and tech gaining over 1%. The ASX 200 fell 0.24%, closing at 7,434 points. Despite the gains in resources and tech most other sectors fell with financials, property and energy retreating...

Cannindah Resources Limited (CAE) release assay results for drilling at its fully owned, namesake project in Queensland’s north The results include an assay of copper, gold and silver, of which all were identified from the hole three inter...

Lithium boom to continue in 2022: S&P Global Elon Musk under pressure to sell ~$US21bn worth of Tesla stock Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths,...

AIC Mines (ASX:A1M) led a group of 30 stocks running hot this week, amid another spate of big mining hits, M&A deals and clean energy winners. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Stre...

The ASX had a positive finish to the week taking its weekly return to 1.8%. Today the ASX 200 closed at 7,457 points, 0.39% higher than yeterday. Tech was heavily sold off, shedding 1.64% but almost all other sectors were in the green with...

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. We continue to harp on the inflation thematic because we are running at a red-hot pace. The September Personal Consumption Expenditures (PCE) index came in at a 30-yea...

What happened to the most talked about metals and minerals in October? Investor sentiment for commodities went ballistic, almost across the board. Copper was back in vogue, rising above US$10,000/t for the first time since May. The close of...

Local stocks posted a solid session on Wednesday ahead of this week’s main event on global markets later tonight — the US Fed’s latest policy decision. After plenty of forward guidance, the Fed is expected to formally announce the taper of...

While you were watching the Melbourne Cup the ASX retreated, the RBA hinted an interest rate hike could be coming sooner than 2024, and a new IPO gained 165%. The ASX 200 closed at 7,324 points – 0.63% down from yesterday. The best sector w...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX finished in the green by just 0.03%. Today’s gain was spurred by a 1.34% rally in tech shares as well as a rally in Crown (ASX:CWN) shares in the wash-up of the Victorian government’s royal commission. Despite the report finding the...

China’s ongoing energy shortage starts to affect domestic battery materials production Tesla ditches nickel, cobalt as prices soar Pilbara Minerals’ (ASX:PLS) third spodumene auction unofficially scheduled for October 26 Weekly small cap s...

GOLD COAST, Australia, Oct. 20, 2021 /PRNewswire/ — Queensland copper-gold explorer Cannindah Resources today announced the first full-hole result from their current Mt Cannindah Copper-Gold Project drilling program. The hole (21CAEDD002)...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   Lithium carbonate prices are going gangbusters off the back of limited supply and stable lithium-...

Lode hits ‘significant sulphides’ at Webbs Consol silver project Coal producer Terracom predicts $81m EBITDA for the December quarter Cannindah hits monster 282m @ 1.28% copper equivalent intersection at namesake project Here are the bigg...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Cannindah Resources (CAE) has revised planned drilling at its namesake project in Queensland following the second round of drill results Results from the lower half of the first drill hole have added a further 92 metres at 1.2 per cent cop...

The ASX retreated again as angst over inflation and the withdrawal of stimulus continued to weigh on global markets. The ASX 200 closed at 7,300 – 0.28% lower than Friday’s close. Tech was the biggest laggard, losing nearly 3% but energy an...

Those stocks exposed to the mushrooming clean energy thematic likely did very well in September 2021, but there were two massive standouts: lithium and uranium. It was a wild month for Chinese lithium carbonate prices, which surged to anoth...

September 2021 was the worst month for the ASX since March 2020 but the 50 best stocks gained 57% or more. Despite a positive close on September 30, the ASX finished the month down 2.59% and nearly 4% lower since mid-August. While the stimu...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

The ASX failed to replicate yesterday’s positive start to the week, falling over 1% today. The ASX 200 closed 1.47% down at 7,726 points while the ASX Emerging Companies Index fell 0.73% closing at 2,537 points. The worst sectors were healt...

The Cannindah Resources Ltd (ASX: CAE) share price is rocketing to an all-time high today. This comes as the copper and gold company announced impressive assay results from its recent drilling operations. During morning trade, Cannindah sh...

First assays from an ongoing drilling program at the historic Mt Cannindah copper-gold-silver project in central Queensland are in – and they look very good. The recent increase in copper prices has underlined the significant value of Canni...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX limped into the close on Friday, in a fairly tame finish to a roller-coaster week. Evergrande contagion fears and jitters ahead of the US Fed meeting sparked a sharp selloff on Monday. But a week (or three days) is a long time in ma...

Summary  The ASX200gained 0.36% to settle at a fresh closing high of 7,538.40. The index closed week with 1.97% gain, its best since May. The RBA has lowered GDP forecast for this year from 4.75% to 4%. Economists estimate that Sydne...

Tech stocks push Wall Street near all-time highs All major US indices rose on Friday to close near their all-time highs, with tech stocks being the main driver. The Dow Jones rose by 0.52%, just 0.1% shy of its all-time high. S&P 500 cl...