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Greetings and welcome to the latest edition of HotCopper Trends, running over the most popular announcements on the website today in a summary of what users of Australia’s number one finance website are tracking.
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Vulcan Energy (ASX:VUL) has made the top of the board with its news of a successful completion of an insto placement. But while it made the most popular thread, it wasn’t popular news: VUL shares slumped -30% to $4.22/sh as at 12.45pm AEDT.
New Murchison Gold (ASX:NMG) has jumped a mild +4% on Thursday after announcing its latest update of the Crown Prince gold project, with 67.2K tonnes of ore crushed at an average grade of 3.7g/t gold last month.
Meeka Metals (ASX:MEK) has hit a 23m intersection graded at 1g/t gold in its latest exploration drilling on-site the Fairway Shear Zone target, part of its Murchison gold project – but a mild sell-off on Thursday arvo suggested the market may’ve wanted more.
Red Mountain (ASX:RMX) has kicked off exploration works on-site at its Armidale antimony project in NSW, focusing specifically on its Oaky Creek prospect area of interest. All cards in order, the company will lock in drill targets for the first six months of next year.
Step One Clothing (ASX:STP) has issued a 1H26 trading update to the market, one poorly received with shares down nearly -40% heading into afternoon trades. Revenues are estimated to be down nearly -40% YoY, an interesting coincidence of symmetry.
Power Minerals (ASX:PNN) has jumped over +8% on Thursday arvo as the company unveils its latest auger drilling niobium and rare earth results, reporting high grades at its Santa Anna project in Brazil. What investors are most excited about? An upcoming RC drill run to plug the depths.
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