On Stockhead today, the world could run out of cobalt, three energy stocks set for action, and clean up in Aisle IPO.
But first, the day ahead.
Local shares are set to open lower today. At 8am AEST, the ASX 200 August futures contract is pointing down by 0.20%.
Today, the ABS releases July employment figures.
Most of the leading indicators confirm that the job market remains tight, CommSec says.
“Indeed, the Reserve Bank expects that the jobless rate will fall further,” it says.
“We expect that ~20,000 jobs were created in July and that the jobless rate was steady at 3.5% in the month.”
ASX companies due to release earnings today include Evolution Mining (ASX:EVN), Blackmores (ASX:BKL), Medibank (ASX:MPL) and Origin Energy (ASX:ORG).
TRADING HALTS
The following companies went into trading halts today and are expected out in the next few days:
Steadfast Group (ASX:SDF) – Steadfast Group is steadfastly refusing to trade, ahead of announcing an institutional placement and a share purchase plan.
Greenstone Resources (ASX:GSR) – Greenstone’s got something to say about an exploration update from Mt Thirsty. Speaking of which…
Conico (ASX:CNJ) – Conico also brings news from Mt Thirsty. It’s a JV! And don’t they make a beautiful couple?
Parabellum Resources (ASX:PBL) – Tracing a glorious arc through the sky, Parabellum’s plotting a capital raise.
Metalicity (ASX:MCT) – Metalicity went to the shops for milk, and they’ve come home with a lithium project.
Dateline Resources (ASX:DTR) – Dateline’s got a capital raise in the offing as well – but only for investors deemed sophisticated enough. Fancy!
Kin Mining (ASX:KIN) – Kin’s organised a capital raise, because it’s never a good idea to borrow money from family.
Antisense Therapeutics (ASX:ANP) – In relation to reporting outcomes of the Long COVID-19 strategic collaboration announced on February 24.
DW8 (ASX:DW8) – Capital raising
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1,762.00 (-0.76%)
Silver: $US19.78 (-1.68%)
Nickel (3mth): $US22,035/t (-0.90%)
Copper (3mth): $US7,920/t (-0.74%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, Aug 3): $US69,825/t
Lithium Hydroxide, China (Benchmark Minerals Intelligence, Aug 3): $US70,000/t
Oil (WTI): $US87.29 (+0.88%)
Oil (Brent): $US92.80 (+0.50%)
Iron 62pc Fe: $US105.51 (-1.73%)
AUD/USD: 0.6935 (+0.01%)
Bitcoin: $US23,342 (-2.47%)
WHAT GOT YOU TALKING YESTERDAY?
While lithium prices have held up remarkably well over the past few months as other metals prices have tumbled, the next leg up could be just around the corner.
Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.
For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.
Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
YESTERDAY’s BIGGEST SMALL CAP WINNERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| NUH | Nuheara Limited | 0.295 | 59% | 1,667,505 | $25,381,135.31 |
| SI6 | SI6 Metals Limited | 0.009 | 29% | 15,272,632 | $10,417,323.55 |
| TMS | Tennant Minerals Ltd | 0.049 | 26% | 142,266,314 | $24,046,474.34 |
| DAF | Discovery Alaska Ltd | 0.069 | 25% | 937,032 | $12,332,908.39 |
| ODA | Orcoda Limited | 0.08 | 23% | 7,311,127 | $10,274,792.84 |
| RML | Resolution Minerals | 0.011 | 22% | 4,396,291 | $7,491,465.72 |
| MCM | Mc Mining Ltd | 0.26 | 21% | 56,090 | $42,495,797.05 |
| BMH | Baumart Holdings Ltd | 0.12 | 20% | 55,071 | $14,474,475.70 |
| LNU | Linius Tech Limited | 0.006 | 20% | 9,956,938 | $11,256,831.56 |
| TAS | Tasman Resources Ltd | 0.013 | 18% | 1,377,068 | $7,382,674.93 |
| LNR | Lanthanein Resources | 0.033 | 18% | 16,777,591 | $26,959,115.96 |
| OLL | Openlearning | 0.041 | 17% | 1,347,019 | $7,503,453.97 |
| AE1 | Aerison | 0.175 | 17% | 26,400 | $45,890,623.20 |
| SPA | Spacetalk Ltd | 0.07 | 17% | 124,593 | $13,065,344.94 |
| AJQ | Armour Energy Ltd | 0.007 | 17% | 104,979 | $13,550,705.26 |
| AOA | Ausmon Resorces | 0.007 | 17% | 140,722 | $5,143,736.06 |
| ARO | Astro Resources NL | 0.004 | 17% | 2,000,000 | $14,115,723.80 |
| CTO | Citigold Corp Ltd | 0.007 | 17% | 75,714 | $17,001,954.55 |
| ROO | Roots Sustainable | 0.004 | 17% | 357,832 | $2,248,898.06 |
| DRE | Dreadnought Resources Ltd | 0.103 | 16% | 32,717,194 | $267,610,952.49 |
| CBE | Cobre | 0.29 | 16% | 31,564,058 | $50,524,733.75 |
| IME | Imexhs Limited | 0.58 | 16% | 20,005 | $17,432,366.00 |
| ATR | Astron Corp Ltd | 0.655 | 16% | 15,896 | $69,199,549.07 |
| PGM | Platina Resources | 0.037 | 16% | 518,755 | $14,458,725.50 |
| MEG | Megado Minerals Ltd | 0.125 | 14% | 171,944 | $11,995,367.78 |
Hearing aid maker Nuheara (ASX:NUH) will now be allowed to sell its products over the counter or online without a medical exam or fitting by an audiologist in the US following a landmark ruling from the US Food and Drug Administration.
Si6 Metals (ASX:SI6) says the liquidators of BCL Limited (BCL) have provided consent for Si6 to undertake its exploration activities on the joint venture tenements (Maibele JV Project in Botswana) owned 60% by Si6 and 40% by BCL.
And NT explorer Tennant Minerals (ASX:TMS) hit a “bonanza” 63m at 2.3% copper and 4.6g/t at the Bluebird prospect.
“The latest drilling results from Bluebird are stunning,” TMS chair Matt Driscoll says.
“Not only have we continued to intersect thick, high-grade copper, but we have also discovered a distinct high-grade gold shoot within the broader mineralised zone with spectacular intersection grades of up to 38.5 grams per tonne gold.”
YESTERDAY’S BIGGEST SMALL CAP LOSERS
(Stocks highlighted in yellow fell after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| LKY | Locksleyresources | 0.06 | -45% | 27,351 | $3,789,197.61 |
| AFW | Applyflow Limited | 0 | -33% | 2,764,568 | $8,872,824.10 |
| ANL | Amani Gold Ltd | 0 | -33% | 1,047,500 | $35,540,161.69 |
| RBL | Redbubble Limited | 1.03 | -31% | 17,667,709 | $412,500,733.39 |
| MEM | Memphasys Ltd | 0.03 | -29% | 1,004,076 | $35,648,025.17 |
| CLE | Cyclone Metals | 0 | -25% | 5,387,466 | $24,466,947.93 |
| LSR | Lodestar Minerals | 0.01 | -22% | 13,448,177 | $15,645,936.13 |
| CCE | Carnegie Cln Energy | 0 | -20% | 734,960 | $37,756,434.28 |
| GNM | Great Northern | 0 | -20% | 1,704,091 | $8,545,254.88 |
| ROG | Red Sky Energy. | 0 | -20% | 18,251,196 | $26,511,135.99 |
| CDD | Cardno Limited | 0.4 | -19% | 341,244 | $19,335,028.19 |
| CHK | Cohiba Min Ltd | 0.01 | -18% | 2,055,013 | $17,904,268.89 |
| CYQ | Cycliq Group Ltd | 0.01 | -18% | 1,621,018 | $3,822,683.24 |
| CVN | Carnarvon Energy Ltd | 0.17 | -18% | 35,175,395 | $360,037,380.80 |
| JAY | Jayride Group | 0.19 | -17% | 80,012 | $40,568,379.34 |
| TD1 | Tali Digital Limited | 0.01 | -17% | 3,151,211 | $7,395,783.14 |
| OPY | Openpay Group | 0.23 | -16% | 2,257,697 | $43,526,818.23 |
| AL3 | Aml3D | 0.11 | -16% | 543,871 | $23,507,928.00 |
| PEC | Perpetual Res Ltd | 0.04 | -15% | 430,000 | $22,638,929.03 |
| RNE | Renu Energy Ltd | 0.05 | -15% | 599,703 | $21,873,960.72 |
| FLX | Felix Group | 0.18 | -14% | 167,146 | $27,884,592.96 |
| GLV | Global Oil & Gas | 0 | -14% | 159,585 | $6,556,741.48 |
| TSC | Twenty Seven Co. Ltd | 0 | -14% | 1,281,669 | $9,312,848.67 |
| MPG | Manypeaksgoldlimited | 0.25 | -14% | 18,914 | $9,309,580.00 |
| AL8 | Alderan Resource Ltd | 0.01 | -14% | 15,217,039 | $5,847,226.88 |