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

On Stockhead today, uranium going cheap – well, under $20 million, Tesla’s rare earths stocks destroying bombshell, and Australia’s rental market halving crisis.

But first, the day ahead.

LOCAL DATA DUMP: Tuesday

• RBA interest rates decision
• AU international trade
• AU detailed retail trade
• AU weekly consumer confidence

TRADING HALTS

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

Western Gold Resources (ASX:WGR) – Capital Raising

Discovery Alaska (ASX:DAF) – Potential new project announcement

SECOS Group (ASX:SES) – Capital Raising

YPB Group (ASX:YPB) – Material contract signing

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,857.37 (+0.07%)

Silver: $US21.26 (+0.11%)

Nickel (3mth): $US24,597/t (+0.83%)

Copper (3mth): $US8983.50/t (+0.28%)

Oil (WTI): $US79.52 (-0.26%)

Oil (Brent): $US85.50 (-0.38%)

Iron 62pc Fe: $US129/t (0.00%)

AUD/USD: 0.6748 (-0.29%)

Bitcoin: $US22,370 (-0.51%)

WHAT GOT YOU TALKING YESTERDAY?

Mining legend Robert Friedland, ladies and gentlemen.

Fresh from @BMOmetalsmining “nice to be talking to prospectors and developers rather than bankers and wankers” says Robert Friedland at #PDAC2023 pic.twitter.com/HXUBtPIDjU

— Paul Harris, mining content provider (@PaulHarrisGold) March 5, 2023

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 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:

Tiny ecommerce company RooLife (ASX:RLG) has secured stocking and distribution for Aussie brand, Remedy Drinks, into Alibaba’s 300 Freshippo supermarkets and stores in China.

While the initial orders received “are significant for a new channel”, they are not yet material to the annualised revenue of the company.

$1bn AI stock Brainchip (ASX:BRN) got a bump after announcing the launch of the second generation of its Akida platform.

And WA based gaming internet service Pentanet (ASX:5GG) has inked a deal to roll out 5G powered by Cambium Networks in a Network-as-a-Service (NaaS) agreement.

5GG says the proposal provides a flexible way to deploy 5G network infrastructure without the need for upfront CAPEX costs.

YESTERDAY’S ASX SMALL CAP LOSERS

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

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

Cancer biotech Rhythm Biosciences (ASX:RHY) withdrew its current ColoSTAT application for an Australian Register of Therapeutic Goods (ARTG) listing.

This intended withdrawal does not impede the company’s proposed market entry activities into other CE Mark conforming territories and additional international markets, including the US, it says.