ASX Small-Cap Stocks to Watch

MT Newswires Live
16 Dec 2024

Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.

Great Western Exploration (ASX:GTE)

Great Western Exploration suspended a downhole electromagnetic survey at the Oval copper-gold target in its Yerrida North project in Western Australia until mid-January 2025 due to heavy rain. The data are expected to be interpreted and modeled in February 2025.

VIP Gloves (ASX:VIP)

VIP Gloves will resume glove manufacturing operations in the third week of December after refurbishing six production lines over the past three months. Two lines are in the final testing stages and are expected to be operational by Monday, while the remaining four will resume operations over the next two quarters.

Control Bionics (ASX:CBL)

The medical device company acquired a 20% stake in US-based Neuro Elite Athletics for $250,000, aiming to expedite the rollout of the NeuroBounce program across the US. Control Bionics also partnered with Japan-based rehabilitation facility Stroke Lab to localize NeuroStrip technology for the Japanese market.

Carnegie Clean Energy (ASX:CCE)

Carnegie Clean Energy secured an export growth bond facility with Export Finance Australia, providing advanced payment guarantee bonds to enable Carnegie Technologies Spain to draw down grant payments for the Achieve Program's Ceto wave energy technology deployment in the Basque Country.

Freehill Mining (ASX:FHS)

Freehill Mining posted record gross sales of AU$363,000 in November, a nearly 28% increase from the previous month, at its Yerbas Buenas mine in Chile.

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