On Stockhead today, EU battery metals stocks that aren’t lithium, a couple of healthcare picks from Luke Winchester, and why brekky is 70pc more expensive.
But first, the day ahead.
Local shares are set to open flattish today. At 8am AEDT, the ASX 200 July futures was pointing down by only 2 points.
In Australia, it’s time for:
- Trade balance for May, and
- ABS Full Employment Change and June Participation Rate
Which we’re sure will get tied into inflation forecasts somehow. And in less important parts of the world, they’ll be talking about:
- Sweden CPI June
- US PPI June
- The US Economic Outlook with the Fed’s Waller
- China New Home Prices and Residential Property Sales
- China Industrial Production, Retail Sales & Fixed Asset Investment, June
- China GDP 2Q, and
- The Bank of Korea Interest rate decision.
WHO’S SCHEDULED TO LIST?
Nope. And not until July 20. It’s suddenly gone quiet out there.
TRADING HALTS
Regional Express (ASX:REX) – pending a material announcement.
Matador Mining (ASX:MZZ) – regarding a capital raise.
MARKETS
Gold: $US1,735.22 (+0.55%)
Silver: $US19.195 (+1.60%)
Nickel (3mth): $US21,000/t (-1.75%)
Copper (3mth): $US7,400/t (+0.63%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, June 30): $US69,750/t (0.0% weekly)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 30): $US70,875/t (0.0% weekly)
Oil (WTI): $US96.00 (+0.17%)
Oil (Brent): $US99.60 (+0.12%)
Iron 62pc Fe: $US111.05 (+1.25%)
AUD/USD: 0.6759 (-0.10%)
Bitcoin: $US19,904 (+1.27%)
WHAT GOT YOU TALKING YESTERDAY?
Animoca still making a mockery of the ASX booting it for not being a real stock:
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Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
TODAY’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 AMD Arrow Minerals 0.004 60% 67,597,580 88E 88 Energy Ltd 0.014 27% 111,817,431 GLV Global Oil & Gas 0.0025 25% 1,230,032 IVX Invion Ltd 0.011 22% 5,222,633 ARE Argonaut Resources 0.003 20% 2,500,000 CWX Carawine Resources 0.11 20% 17,006 CMP Compumedics Limited 0.185 19% 69,625 RCL Readcloud 0.235 18% 37,471 1ST 1St Group Ltd 0.007 17% 523,662 CTO Citigold Corp Ltd 0.007 17% 182,143 LNU Linius Tech Limited 0.007 17% 100,000 RXH Rewardle Holding Ltd 0.011 16% 73,512 SOV Sovereign Cloud Hldg 0.22 16% 10,000 FIJ Fiji Kava Limited 0.0345 15% 255,597 DEV Devex Resources Ltd 0.235 15% 272,107 HTG Harvest Tech Grp Ltd 0.095 14% 190,197 ARO Astro Resources NL 0.004 14% 1,034,500 CFO Cfoam Limited 0.004 14% 244,752 XTC Xantippe Res Ltd 0.008 14% 9,568,223 AVA AVA Risk Group Ltd 0.28 14% 554,420 RBX Resource B 0.12 14% 10,000 CUF Cufe Ltd 0.024 14% 150,339 SMN Structural Monitor. 0.525 14% 181,283 PEK Peak Rare Earths Ltd 0.405 14% 364,932 BKG Booktopia Group 0.325 14% 199,810
Fiji Kava (ASX:FIJ) killed it yesterday after a very positive update on its US business, The Calmer Co, which it says is growing fast, growing well and now making up more than half of its global revenue. Cool company. Go Fiji. Go Kava. Even though you taste like dirt.
But the big daddy was Arrow Minerals (ASX:AMD), which is divesting Strickland copper-gold project to Dreadnought Resources (ASX:DRE) to focus on its West African assets and picking up the Simandou North iron ore project in Guinea.
The Simandou North Iron Project is an exceptional early-stage opportunity, one that provides Arrow with access to the premium iron belt in West Africa at a time where significant infrastructural improvements are underway.
“We are excited to be able to provide shareholders with exposure to this extraordinary opportunity,” AMD managing director Hugh Bresser says.
“Global demand for high-grade iron ore continues to grow and the Simandou Range hosts the world’s largest undeveloped high-grade iron deposits.”
TODAY’S BIGGEST SMALL CAP LOSERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Security | Description | Last | % | Volume |
|---|---|---|---|---|
| ANL | Amani Gold Ltd | 0.001 | -33% | 1,275,025 |
| SIH | Sihayo Gold Limited | 0.002 | -33% | 232,929 |
| SKN | Skin Elements Ltd | 0.03 | -32% | 2,640,017 |
| AFW | Applyflow Limited | 0.0015 | -25% | 3,400,516 |
| GTG | Genetic Technologies | 0.003 | -25% | 1,315,418 |
| NTL | New Talisman Gold | 0.0015 | -25% | 395,588 |
| VPR | Volt Power Group | 0.0015 | -25% | 170,612 |
| WBE | Whitebark Energy | 0.0015 | -25% | 525 |
| DDD | 3D Resources Limited | 0.002 | -20% | 2,782,852 |
| GGX | Gas2Grid Limited | 0.002 | -20% | 170,000 |
| CLZDB | Classic Min Ltd | 0.044 | -20% | 2,253,125 |
| YRL | Yandal Resources | 0.13 | -19% | 60,065 |
| AQI | Alicanto Min Ltd | 0.065 | -18% | 872,024 |
| SZL | Sezzle Inc. | 0.21 | -18% | 5,317,649 |
| FRB | Firebird Metals | 0.2 | -17% | 267,432 |
| ATX | Amplia Therapeutics | 0.096 | -17% | 371,657 |
| M24 | Mamba Exploration | 0.084 | -16% | 44,727 |
| ESR | Estrella Res Ltd | 0.016 | -16% | 11,362,420 |
| FRS | Forrestaniaresources | 0.135 | -16% | 146,810 |
| BVR | Bellavistaresources | 0.17 | -15% | 44,265 |
| NIS | Nickelsearch | 0.115 | -15% | 15,609 |
| BUY | Bounty Oil & Gas NL | 0.006 | -14% | 20,000 |
| LSR | Lodestar Minerals | 0.006 | -14% | 326,510 |
| NES | Nelson Resources. | 0.012 | -14% | 396,848 |
| PCL | Pancontinental Energ | 0.006 | -14% | 1,173,983 |
Sezzle (ASX:SZL) fell oh so hard again – as the fallout from its failed merger with ZIP extended into a second session.
There’s a record low in those numbers for SZL, following the 39% crash on Tuesday.
Shares in the bereft Sezzle are now down well over 55% in the past week.