Market Wrap – 25 July 2014

25 Jul 2014

ASX micro to medium capital resources stocks

Today’s top performer was Platina Resources Limited (ASX: PGM) up 100% to close at $0.230. The company recently (21 July 2014) announced that it signed a Heads of Agreement with Chinese manufacturer to negotiate both an Off-take Agreement and a Supply, Technology, Processing and Marketing Agreement for its Owendale Scandium Project in central New South Wales.

The worst performer was Voyager Resources Limited (ASX: VOR) down 50% to close at $0.001. The company released its June 2014 Quarterly Report. Highlights include the transfer of Xstrata’s copper property portfolio Do Brasil Exploracao Mineral Limited expected to be completed in the coming months. The company had $0.2 million cash at the end of the quarter.

 

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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