On Stockhead today, there’s a huge wave of magnesium demand approaching, Aussie property is finally a buyers’ market, and Telstra reckons crypto actually looking okay.

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 0.35%.

TRADING HALTS

Opthea (ASX:OPT) – Opthea’s opting into a non-dilutive funding agreement, and a proposed equity raising.

Province Resources (ASX:PRL) – Province is in the middle of finalising terms of a material agreement being the Joint Development Agreement with Total Eren for the company’s HyEnergy Project. 

Redflow (ASX:RFX) – Redflow’s raising capital to keep the zinc bromine flow battery company a-growin’ and a-flowin’. 

4DS Memory (ASX:4DS) – 4DS has an announcement on the way about the quality of the wafers it has received. We’ll try to remember to keep an eye out for that one. 

Proteomics International Laboratories (ASX:PIQ) – predictive diagnostics gurus are raising capital to build more gadgets to keep us all well. 

Meeka Metals (ASX:MEK) – Meeka’s making hay while the sun shines, getting into a capital raise after its price hit the afterburners on Tuesday. 

Paradigm Biopharmaceuticals (ASX:PAR) – It’s a capital raise.

Strategic Energy Resources (ASX:SER) – SER’s on the hunt for a cool half-million. 

Sunshine Gold (ASX:SHN) – And Sunshine’s also opening up a fundraiser, announcing its capital raise late yesterday. 

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,789.43 (-0.15%)

Silver: $US20.30 (-1.30%)

Nickel (3mth): $US23,620/t (+5.02%)

Copper (3mth): $US8,191.50/t (+1.31%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, August 3): $US$67,275/t

Lithium Hydroxide, China (Benchmark Minerals Intelligence, August 3): $US$70,000/t

Oil (WTI): $US93.65 (+1.88%)

Oil (Brent): $US98.95 (+1.60%)

Iron 62pc Fe: $US110.41 (-0.62%)

AUD/USD: 0.7104 (+0.30%)

Bitcoin: $US23,853 (+3.29%)

 

WHAT GOT YOU TALKIN’ YESTERDAY?

Markets were on fire after the NASDAQ turned greener than your annoying neighbour’s grass on a better than expected US inflation number on Wednesday.

Investors were pretty happy, for now at least.

 

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 pre-open 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
RAS Ragusa Minerals Ltd 0.175 75% 25,100,613 $12,573,616
1MC Morella Corporation 0.028 40% 173,950,889 $112,524,280
CHK Cohiba Min Ltd 0.012 33% 4,613,236 $14,648,947
BNZ Benzmining 0.525 31% 314,410 $21,067,802
SIS Simble Solutions 0.017 31% 5,716,904 $5,555,326
1VG Victory Goldfields 0.245 29% 1,156,350 $7,307,048
TNY Tinybeans Group Ltd 0.3 28% 103,138 $14,345,457
BNR Bulletin Res Ltd 0.165 27% 5,701,935 $38,036,843
LYN Lycaon Resources 0.3 25% 188,151 $7,660,500
ARE Argonaut Resources 0.0025 25% 1,750,650 $7,212,410
KFE Kogi Iron Ltd 0.005 25% 6,546,334 $6,470,311
MGG Mogul Games Grp Ltd 0.0025 25% 1,100,000 $6,523,320
SHH Shree Minerals Ltd 0.01 25% 14,003,314 $9,907,895
WBE Whitebark Energy 0.0025 25% 233,533 $11,296,438
WZR Wisr Ltd 0.0995 24% 8,852,877 $108,496,378
LPM Lithium Plus 0.74 22% 2,749,367 $26,994,011
CXU Cauldron Energy Ltd 0.011 22% 7,034,566 $4,818,701
ASQ Australian Silica 0.067 22% 468,721 $15,216,321
MM1 Midas Minerals 0.28 22% 311,704 $13,140,306
HCD Hydrocarbon Dynamic 0.018 20% 1,748,100 $8,805,908
RGL Riversgold 0.042 20% 20,594,143 $26,473,160
TD1 Tali Digital Limited 0.006 20% 830 $6,163,153
LRS Latin Resources Ltd 0.11 20% 34,237,572 $179,016,737
LCL Los Cerros Limited 0.043 19% 3,957,861 $23,423,359
TMB Tambourah Metals 0.19 19% 31,243 $6,590,816
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Ragusa reported rock chip sample results including 5.46% Li2O at one sample site, and a bonus 2.27g/t and 4.59g/t gold at others, after the company targeted outcropping pegmatite for a closer look.

It’s gearing up to progress to drilling.

Up 100% in the past year, this ~$17.06m market cap explorer acquired the early stage Northern Territory Lithium Project back in May.

At the time, RAS chair Jerko Zuvela said the acquisition would see the company create a ‘supergroup’ project area comparable to neighbours Core Lithium (ASX:CXO) and Lithium Plus (ASX:LPM).

 

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
AFW Applyflow Limited 0.002 -33% 10,518,747 $8,872,824
CLE Cyclone Metals 0.003 -25% 3,864,557 $24,466,948
TRM Truscott Mining Corp 0.037 -24% 688,882 $7,735,657
CCE Carnegie Cln Energy 0.002 -20% 9,975,629 $37,756,434
PRM Prominence Energy 0.002 -20% 285,805 $6,061,522
VPR Volt Power Group 0.002 -20% 515,921 $23,361,334
IBG Ironbark Zinc Ltd 0.021 -19% 39,445,058 $33,984,663
AIV Activex Limited 0.032 -18% 109,177 $8,431,901
DMG Dragon Mountain Gold 0.015 -17% 500,000 $7,086,090
TSL Titanium Sands Ltd 0.015 -17% 78,000 $22,652,266
MCM Mc Mining Ltd 0.2 -15% 58,261 $46,448,894
LYK Lykosmetalslimited 0.15 -14% 1,285 $10,920,000
IRX Inhalerx Limited 0.056 -14% 100,000 $10,950,352
EMT Emetals Limited 0.0095 -14% 10,067,122 $9,350,000
WWG Wiseway Group 0.1 -13% 113,250 $19,238,795
FRB Firebird Metals 0.19 -13% 46,197 $11,416,098
ADY Admiralty Resources. 0.007 -13% 18 $10,428,633
ARO Astro Resources NL 0.0035 -13% 676,637 $18,820,965
FAU First Au Ltd 0.007 -13% 1,050,630 $7,451,288
GTG Genetic Technologies 0.0035 -13% 2,307,737 $36,935,861
JAY Jayride Group 0.18 -12% 112,480 $36,158,773
MIO Macarthur Minerals 0.185 -12% 104,850 $33,863,232
MLG Mlgozltd 0.53 -12% 65,617 $87,401,498
BYI Beyond International 0.31 -11% 33,500 $21,467,939
YPB YPB Group Ltd 0.008 -11% 242,134 $3,658,915
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