Rise and Shine: Everything you need to know before the ASX opens

On Stockhead today, who’s on-board the electric manganese train, Guy Le Page likes this $18m capped high gold explorer and Canary Capital’s top biotech stocks right now.

But first, the day ahead.

LOCAL DATA DUMP: FRIDAY

Reserve Bank Governor Lowe gives testimony in Parliament.

TRADING HALTS

The following stocks went into trading halts yesterday and are expected out in the coming days:

SRG Global (ASX:SRG) – Corporate transaction and an associated equity raising.

Okapi Resources (ASX:OKR) – Capital raising.

Orcoda (ASX:ODA) – Capital raising.

Wingara AG (ASX:WNR) – Partial company sale.

Fatfish Group (ASX:FFG) – Announcement pending concerning the “restricting of Asean Fintech Group”. I think that’s meant to say “restructuring”, though. We’ll find out when they announce something, I guess.

Truscott Mining (ASX:TRM) – Drilling results incoming from its Westminster project.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,837.27 (+0.06%)

Silver: $US21.61 (-0.08%)

Nickel (3mth): $US26,143/t (-1.19%)

Copper (3mth): $US8,857.50/t (-0.99%)

Oil (WTI): $US78.62 (+0.06%)

Oil (Brent): $US85.23 (-1.07%)

Iron 62pc Fe: $US126.50/t (+1.61%)

AUD/USD: 0.6916 (+0.20%)

Bitcoin: $US24,620 (+1.85%)

WHAT GOT YOU TALKING YESTERDAY?

Goldman Sachs thinks we’ll need 8Mt of additional copper by 2030. 

To incentivise that extra 8Mt of production, prices above US$13,000/t would be needed, Goldman says – a big jump from current prices around ~US$9000/t.

Which ASX stocks are set to take advantage of the looming copper crunch?

Which #ASX stocks are set to take advantage of looming #copper shortages?$HGO $DVP $RXM $CYM $AUQ $KGL $ANX@Hillgrove_HGO @RexMinerals @CypriumMetals @alara_resources @KGLResources @anax_metals

https://t.co/schnN6FLcr

— Stockhead (@StockheadAU) February 15, 2023

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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 ASX SMALL CAP LEADERS

Here are yesterday’s best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Matsa Resources (ASX:MAT) keeps hitting thick gold at Fortitude North, a stone’s throw from the company’s 489,000oz Fortitude gold mine in WA.

New highlights include 19m @ 3.77g/t Au from 100m, incl. 14m @ 4.59g/t. A 1.6km-long system has been defined so far.

Real estate agent reviewer website RMA Global (ASX:RMY) announced a partnership with the second biggest US real estate listings website, Realtor.com.

The deal will see RMY tap into over 100 million additional users.

Cosmo Metals (ASX:CMO) announced the definition of an Exploration Target at the Mt Venn Cu-Ni-Co Prospect of 10.2 to 32.3 million tonnes of Copper (Cu)-Nickel (Ni)–Cobalt (Co) mineralisation with grades ranging from 0.55% CuEq to 0.63% CuEq.

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are yesterday’s worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort: