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ASM takeover offer ignites week as Qoria slides and gold names extend gains

10:00am on Saturday 24th of January, 2026 AEDT MARKET NEWS
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ASM takeover offer ignites week as Qoria slides and gold names extend gains

10:00am on Saturday 24th of January, 2026 AEDT
Key Points
  • Australian Strategic Materials (ASX:ASM) jumped on a proposed takeover at a large premium.
  • Qoria (ASX:QOR) fell sharply after a big run, as investors sold down despite ongoing growth signals.
  • Riversgold (ASX:RGL) surged after fresh gold hits and a small-cap funding boost.
  • Critical minerals remained active: rare earths, uranium and lithium names rose on results, approvals and feasibility updates.
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