10 ASX Companies That Performed On Top Today - 29 June 2020
The S&P/ASX200 Index retreated 1.5 percent today to wipe out the gains from last Friday as outlook for lockdown measures is seemingly looking less optimistic.
Energy, real estate and travel stocks were amongst the standouts for the slump. Webjet (ASX:WEB) fell 5.3 percent while Qantas (ASX:QAN) and Fight Centre (ASX:FLT) both declined 5 percent.
Notable companies from O&G giants such as Beach Energy (BPT) suffered 5.6 percent while Origin Energy (ASX:ORG) traded 4.4 percent lower.
Unibail-Rodamco-Westfield (ASX:URW) plunged 6.1 percent, Stockland Group (ASX:SGP) retreated 5.9 per cent and Growthpoint Properties (ASX:GOZ) fell 1.8 percent to round up the hardest-hit in the Real estate sector.
Auteco Minerals Ltd (ASX:AUT) Emerging mineral exploration company AUT saw its shares effectively doubled today. It was recently announced that AUT was on course for its first 5,000-metre diamond drilling program at Pickle Grow Gold Project in Uchi sub-province of Ontario, Canada, targeting high-grade, shallow gold targets (Source: Proactive Investors)
Brockman Mining Ltd (ASX:BCK) WA-based junior hematite explorer jumped 35 percent today. Brockman’s hematite projects are located in the Pilbara Region of Western Australia, adjacent to the core tenements of Western Australia’s other major iron ore developers. Brockman’s principal projects include the Marillana Project, the Ophthalmia Project and few other minor exploration projects in the area. Among all projects, the Marillana Project is of the largest in scale, with approximately 1.63 billion tonnes of hematite Mineral Resources. Contained within the Mineral Resource is 1 billion tonnes of hematite Ore Reserves. The distance between the tenements and Port Hedland (being the largest port in the Western Australia) is approximately 270 kilometres. Ophthalmia currently has 341 million tonnes of indicated and inferred Mineral Resources. (Source: BCK website)
Centaurus Metals Ltd (ASX:CTM) Emerging iron ore company CTM saw its share traded 34.3 percent higher after announcing today that it discovered a maiden nickel resource for its Brazil-based Jaguar project, with the majority of the resource within 200m of surface. The maiden JORC-compliant resource for Jaguar totals 48 million tonnes at 1.08% nickel for 517,500t of contained nickel. (Source Small Caps)
Great Southern Mining Ltd (ASX:GSN) Junior mineral explorer surged 31.3 percent having just recently commenced drilling at its Cox’s Find gold project in WA earlier in June The drilling program will be carried out in two phases with the first of around 5,000 metres of RC drilling and 500 metres of diamond core drilling focusing on delineating the extent of high-grade mineralisation identified previously.
Metalicity Ltd (ASX:MCT) WA-based gold explorer MCT soared 26.7 percent today having recently announced promising results from drilling at its Kookynie gold project in WA. The first 11 holes of the initial 44-hole program confirmed extensive high-grade, near-surface gold mineralisation at the Leipold prospect, with 10 holes returning a significant intercept. (Source: Small Caps)
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