from Live wire today...
The 10 most-tipped small-cap stocks for 2023
#7. Renascor Resources (ASX: RNU) (tie with Sayona Mining & Pointerra)
Market capitalisation: $0.53B
Percentage of votes: 0.60%
1-year performance RNU v S&P/ASX Small Ordinaries (XSO)
Source: Market Index, 5 January 2023
Mineral developer Renascor Resources's is another company chasing the electrification megatrend. Its current activities are focused on its 100%-owned Siviour Battery Anode Materials Project and Carnding Gold Project, both in South Australia.
To that end, it last month kicked off a $70 million raise to develop its Siviour battery anode material (BAM) project.
“Renascor’s ambition is to become a reliable supplier of 100 per cent Australian-made purified spherical graphite for lithium-ion battery anode makers worldwide,” said Managing Director David Christensen.
“The funds raised via this placement will accelerate our development timeline by bringing forward the commencement of construction of the Siviour mine and concentrator."
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Last
8.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $205.8M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.8¢ | 8.0¢ | $1.340M | 16.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110320 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RNU (ASX) Chart |