Daily Metals Mining Rundown for 3 April 2025 (after-market ASX/pre-market TSX)

Rundown of company announcements, valuations, and underlying metal prices, according to our compilation of publicly available information covering 9 important metals and more than 450 mining stocks, including mineral resource inventories, and including project NPV information for some 150+ developers.

Author

Host Rock Capital
April 03, 2025

Today’s metal price movements (over past ~18hrs) and mining company peer group movers through ASX trading (including yesterday’s TSX movements) include:

Today’s top and bottom 40 performing metals mining company stocks (of 458 in our Peer Table) through ASX trading and including yesterday’s TSX movements include:

Coverage of metals mining company announcements affecting today’s after-market ASX Peer Table (resource updates, economic studies, changes in attributable project ownership) includes:

  • 3 Apr 2025 - Uranium explorer Cauldron Energy (ASX:CXU) announced a maiden resource for its Manyingee South deposit at its Yanrey project in Western Australia, which added 11.1 Mlbs uranium oxide (U3O8) grading 325 ppm U3O8 to the project’s existing 30.9 Mlbs at Bennet Wells deposit. This equates to resource growth of 36% to 42 Mlbs U3O8. CXU closed flat today (3 Apr) following this news (vs. peer group median down -1.9%), at a CXU market cap/lb resource of US$0.19/lb U3O8 ($7.9/oz AuEq), which is a significant 78% discount to our 15-company uranium explorer peer group median market cap/ln of $0.85/lb ($36/oz AuEq), as shown in excerpt from our Peer Table below.

Location of the Yanrey Uranium Project showing Cauldron’s tenement holdings (Source: Cauldron Energy)

Disclaimer: Provided for informational and educational purposes, and is not intended as investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.