On Stockhead today, Alita’s lithium woes are an opportunity for Galaxy to make its move, the top rainmakers in the equity capital markets and Barry FitzGerald is fireside with Apollo Consolidated.

But first here’s what you need to know.

 

The day ahead

Today we will see the Westpac Leading Index released at 11.30am – an indicator of economic growth in the near future. Skilled vacancies released by the Department of Employment at 11am.

Among today’s earnings are The Reject Shop (ASX:TRS), EML Payments (ASX:EML) and Cardno (ASX:CDD).

You can view a full list of upcoming earnings here.

 

Company news

The following companies are in trading halts and expected to exit in the next 48 hours.

Due out Wednesday:

Resources and Energy Group (ASX:REZ) – capital raise

Tanga Resources (ASX:TRL) – capital raise

BPH Energy (ASX:BPH) – investment

Central Petroleum (ASX:CTP) – 2C resources

Technology Metals (ASX:TMT) – DFS release

Australian Vanadium (ASX:AVL) – capital raise

Longtable Group (ASX:LON) – financial results

KneoMedia (ASX:KNM) – administrative issue

Rox Resources (ASX:RXL) – project acquisition

Cazaly Resources (ASX:CAZ) – sales update

Cullen Resources (ASX:CUL) – farm out transaction

MGC Pharmaceuticals (ASX:MXC) – capital raising

Due out Thursday: 

Tassal Group (ASX:TGR) – earnings, capital raising

Blackearth Minerals (ASX:BEM) – capital raising

Fenix Resources (ASX:FEX) – resource estimate update

Echo Resources (ASX:EAR) – change of control transaction

Golden Mile Resources (ASX:G88) – acquisition

Broken Hill Prospecting (ASX:BPL) – acquisition update

 

Markets

Gold: $US1,506.27 ($2,222.37) +0.76%

Silver: $US17.13 +1.61%

Oil (Brent): $US60.09 +0.59%

Oil (WTI): $US56.16 -0.05%

Coal: $US68.20 -0.66%

Iron ore 62pc FE: $US93.00 +1.09%

AUD/USD: $US0.6777 -0.01%

Bitcoin: $US10,818.56 +0.41%

 

What got you talking yesterday

After a rough first two weeks of August, both the ASX 200 and ASX Small Ords gained over 1 per cent yesterday closing at 6,545 and 2,819 points respectively.

Over on Stockhead’s Facebook group chat, members were most interested in Roots’ entry into the plant-based meat craze. It is now 72 per cent higher so evidently its own shareholders approve of the move.

The majority of our members concurred and if you wish to discuss more market moving events such as these you can join our group here.

These were the five most-discussed stocks at close yesterday:

$ADN – Andromeda Metals

$AJM – Altura Mining

$EAR – Echo Resources

$JAT – Jatenergy

$GXY – Galaxy Resources

This is how the ASX’s sectors moved yesterday:

Sector Change
Communications +0.60%
Consumer discretionary +1.82%
Consumer Staples +2.17%
Energy +2.42%
Financials +0.62%
Healthcare +1.92%
Industrials +1.61%
IT +1.91%
Materials +0.42%
Utilities +1.98%

Yesterday’s winners

Code Name Price % Chg Market Cap Volume
APG Austpac Resources NL 0.002 +100.00% $5.8M 59.4M
AJL AJ Lucas Group Ltd 0.19 +65.22% $142.5M 299.1k
HHM Hampton Hill Mining NL 0.03 +56.25% $7.4M 200.0k
CZN Corazon Mining Ltd 0.003 +50.00% $4.9M 11.4M
MLS Metals Australia Ltd 0.003 +50.00% $8.8M 1.9M
PBX Pacific Bauxite Ltd 0.006 +50.00% $2.4M 366.7k
SCN Scorpion Minerals Ltd 0.01 +42.86% $1.8M 875.0k
BPL Broken Hill Prospecting Ltd 0.04 +41.94% $6.5M 943.6k
RMI Resource Mining Corp Ltd 0.007 +40.00% $2.1M 180.0k
AZI Alta Zinc Ltd 0.004 +33.33% $7.3M 372.3k
CFE Cape Lambert Resources Ltd 0.008 +33.33% $8.2M 886.9k
GBZ GBM Resources Ltd 0.004 +33.33% $4.4M 1.1M
AGS Alliance Resources Ltd 0.14 +33.33% $21.4M 5.6M
RAC Race Oncology Ltd 0.08 +29.23% $8.0M 3.7M
OLV Otherlevels Holdings Ltd 0.009 +28.57% $2.6M 576.8k
AYR Alloy Resources Ltd 0.0025 +25.00% $4.2M 2.6M
GTG Genetic Technologies Ltd 0.005 +25.00% $14.7M 1.1M
MAY Melbana Energy Ltd 0.01 +25.00% $18.8M 10.1M
QFY Quantify Technology Holdings L 0.005 +25.00% $6.2M 701.0k
SI6 Six Sigma Metals Ltd 0.005 +25.00% $3.1M 150.0k

Yesterday’s losers

Code Name Price % Chg Market Cap Volume
REF Reverse Corp Ltd 0.01 -72.22% $1.4M 14.1M
CAD Caeneus Minerals Ltd 0.001 -50.00% $2.1M 2.3M
SUD Suda Pharmaceuticals Ltd 0.002 -33.33% $10.7M 14.9M
PPY Papyrus Australia Ltd 0.006 -33.33% $1.4M 27.8k
ICU iSentric Ltd 0.007 -30.00% $1.3M 52.9k
RNX Renegade Exploration Ltd 0.003 -25.00% $2.1M 3.1M
NOR Norwood Systems Ltd 0.003 -25.00% $6.2M 3.4M
FGO Flamingo AI Ltd 0.003 -25.00% $3.4M 28.0M
DTR Dateline Resources Ltd 0.003 -25.00% $24.4M 2.8M
AUH AustChina Holdings Ltd 0.003 -25.00% $4.2M 1.0M
IPB IPB Petroleum Ltd 0.02 -22.73% $3.9M 3.8M
STM Sunstone Metals Ltd 0.02 -20.69% $28.2M 21.2M
FIJ Fiji Kava Ltd 0.06 -20.00% $4.2M 162.1k
YPB YPB Group Ltd 0.004 -20.00% $4.6M 6.4M
EFE Eastern Iron Ltd 0.004 -20.00% $1.6M 1.5M
DRE Dreadnought Resources Ltd 0.004 -20.00% $5.9M 15.8M
AUC Ausgold Ltd 0.02 -18.18% $14.3M 4.3M