Market Wrap – 23 June 2014

23 Jul 2014

ASX micro to medium capital resources stocks

Today’s top performer was Platypus Minerals Limited (ASX: PLP) up 100% to close at $0.002. The company, formerly known as Ashburton Minerals, is a Perth based explorer focused on gold, copper and base metals exploration.

The worst performer of the day was IMX Resources Limited (ASX: IXR) down 36% to close at $0.021. The company announced that its Ntaka Hill Nickel Sulphide Project located in southeast Tanzania is the subject of a joint venture agreement with MMG Exploration Holdings Limited. MMG may earn up to a 60% interest by spending up to US$60 million over a five year period.

 

Resources Stocks To Watch is first in resources research on ASX micro to medium capital stocks. Find out what’s hot and what’s not in the resources sector.

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