Prospects & Picks Small Cap
Stock Ideas
RED
12-10-2023
*This is general advise only
Red 5 Limited engages in the exploration, production, and mining of gold deposits and mineral properties in the Philippines and Australia. It holds interests in the Siana Gold project located in the Island of Mindanao, the Philippines; the King of the Hills Gold project located in the Eastern Goldfields of Western Australia; and the Darlot Gold mine situated in the north-east of Perth in Western Australia. The company was incorporated in 1995 and is based in West Perth, Australia. Read More
HZN
04-10-2023
*This is general advise only
With market forces weighing to the downside and HZN approaching a dividend, a prudent approach or strategy is to exit the trade as the stock is still trading within the upper limit of the buy recommendation (up to 17.5c). It is vital that we protect capital during such market environments. The 2c dividend practically warrants the stock pulling back by at least 2c and in some cases more. If a market sell-off was to eventuate and accelerate, would only mean a greater amount of buy opportunities. Liquidity in such instances is a blessing. Read More
PDN
23-08-2023
Paladin Energy Limited (PDN) is a uranium production and exploration company with projects currently in Australia, Canada, and Africa. The Langer Heinrich Mine in Namibia is its flagship project.*Please be aware that although Paladin is listed on the ASX200 and holds a current market capitalization of 2.55 Billion, it's categorised as a small cap in my assessment. This decision is influenced by its share price and the notable volatility it displays. Read More