Welcome to our new Green Investing Co. stock picks of the week. These uranium miners, critical minerals prospects and a SaaS pollution tracking data stock could be ready to pop.
Our goal is to help you build wealth and focus investment on important, fast growing green transition companies.
We source information via technical analysis on TradingView.com; by scanning data and other third-party investment resources; & from a community of like-minded investment professionals; we also consider macro-factors – such as commodities prices, government policies and market sector sentiment.
Pleae note, we provide stock alerts for informational and entertainment purposes only.
Always seek advice from professional sources on any investment. Take personal responsibility and ensure you undertake due diligence before making an investment decision.
Here’s what we’re looking at this week
Envirosuite Limited
This ASX-listed SAAS stock (ASX: $EVS) is focused on helping businesses understand their environmental impact, with real-time data analysis and intelligence, showing “impacts on communities in relation to noise, vibration, odour, dust, air quality and water quality.”
While tech companies are not usually in our eyeshot; this one is really interesting and has long-term potential for investors – if management can market their platform at scale.
The company is looking at reversing a long-term downward move with a spike in volume in recent days and could go above $1 in good course.
Askari Metals Limited
This battery metal mino is starting to look interesting.
ASX:$AS2 is a battery metals explorer hoping to hit rich deposits in African and Australian prospects.
The company is currently trading at .17c (+21% today) and is looking good for a run yp if our intel is to be believed. The chart looks great after some downward movements in recent months, however, a credit raise may be needed soon.
The company is hoping to announce good news in the coming months and is looking for lithium, Rare Earth Elements and copper-gold in Namibia, Western Australia, Northern Territory and New South Wales. A high-risk, potentially very high-return stock.
92 Energy Ltd
This uranium player is a potential winner if some of the uranium bros are to be believed.
We think it could do well in the coming months, as the uranium spot market has hit 15-year highs in recent weeks.
The company announced a high-grade uranium and copper drill result this month in Canada.
The share price looks like it is consolidating here before a potential runup on any more bullish uranium sector sentiment.
American West Metals
American West Metals (ASX:$AW1) showing a spike in volume today, with the stock breaking 14c in trade.
It appears the stock could be set to head north from here. The company has activities in North America focused on copper, zinc, silver and indium.
Deep Yellow Limited
Australian and Namibian uranium-focused miner Deep Yellow Limited (ASX: $DYL) has been beaten back in recent trading days, hitting $1.40 highs recently it has cooled off in the fast of a global energy sell-off.
The stock could be oversold here offering an excellent entry point for those believing in the uranium thesis in the green energy transformation.
QX Resources
QX resources (ASX: $QXR) has broken out on a spike in investor interest.
The battery metals mino is attracting attention of lithium speculators in Western Australia. This could be a huge opportunity if results come in strong, as some are punting on.
The company announced new samples collected at the Pilbara Turner River prospect with assays up to 3.8% LiO2 this week.
Syrah Resources
Graphite stock Syrah Resources (ASX:$SYR) has been popping in recent trading days as the mineral needed for EVs gains favour.
The stock had been on a massive decline for some time and is ready to rally from here, we are hoping.
After China announced export controls on the critical mineral needed for the green transition to net zero, the stock has been popping nicely.
We think the stock could head north of $1 soon based on trading volumes and sector sentiment. From a chartist perspective, the stock has broken a pennant formation and strong volume.
