News Articles for Sun Silver

Less than half of share market floats in 2024 turned a profit, with expectations of another tough year.

Perth-based Tungsten Metals Group has scrapped its planned IPO, in a lean period where only four WA junior explorers have listed on the ASX this year.

Antimony is the latest critical metal to send the hearts of ASX punters aflutter, but with new "must-have" metals constantly emerging, investors may be feeling just a little confused by the ever-changing landscape. Bulls N' Bears takes a look into the rise and rise of the metal also sometimes referred to as stibnite and the companies jumping on the increasingly raucous bandwagon.

In this week's edition of Bulls N' Bears Big Hits, we examine some notable drill intersections revealed on the ASX, including Solstice Minerals' solid gold reveal after air-core drilling in WA. We also take a look at drill hits from last week as reported by Peel Mining from its Cobar South projects in NSW, Sun Silver in Nevada and Cauldron Energy in WA's North West.

This week's Bulls N' Bears Runner of the Week is … antimony. The grey metal was behind significant share price jumps for Larvotto Resources and several other ASX-listed companies. Also, Dundas Minerals jumped 188 per cent on news of finding solid gold up to 9.5g/t in re-assayed samples, while other movers and shakers this week were MTM Critical Metals and First Lithium.

Every cloud has a silver lining and Dollar Bill reckons silver IS that silver lining right now. Once considered a poor man's gold, silver is poised to take its place in the sun, having quietly tracked the gold price skywards. Sun Silver provided a poignant example last week when its 20c IPO hit the boards at 50c before marching to a 75c high.

Exploration aspirant Sun Silver continued its impressive start to life on the ASX, reaching 58.5 cents before closing at 53.5 cents per share, up 26 per cent, on Thursday.

East Perth-based Sun Silver made its Australian Securities Exchange debut on Wednesday, closing trade up 125 per cent to 42.5 cents a share.