Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, August’s Top 50 small cap miners and explorers, this delivery tech business wants to be the next GetSwift — without the mistakes and ASX fintechs are surging.
But first:
The day ahead
At 11.30am today our current account balance will be released. Australia could record its first current account surplus since 1975.
Also we’ll see monthly retail sales and quarterly net exports. And finally at 9.30am, the ANZ/Roy Morgan Weekly Consumer Confidence will be released.
The Reserve Bank will be meeting today and we’ll know their decision at 2.30pm. It is expected to sit tight again but more rate cuts could be on the cards as early as next month.
Among earnings today include Buddy Technologies (ASX:BUD), Family Insights Group (ASX:FAM) and Immutep (ASX:IMU).
US markets were closed overnight for the Labour Day long weekend.
Company news
The following companies are due out of trading halts in the next 48 hours.
Tuesday:
Rumble Resources (ASX:RTR) – capital raising
Wednesday:
Maximus Resources (ASX:MXR) – sale of gold mill
Classic Minerals (ASX:CLZ) – drill results
Carnarvon Petroleum (ASX:CVN) – well results
Environmental Clean Technologies (ASX:ECT) – strategy update
RBR Group (ASX:RBR) – capital raising
ADX Energy (ASX:ADX) – drilling results
Markets
Gold: $US1,524.71 ($2,269.88) +0.33%
Silver: $US18.35 +0.06%
Oil (Brent): $US58.96 -2.37%
Oil (WTI): $US54.93 -0.13%
Coal: $US66.50 +0.99%
Iron ore 62pc Fe: $US90.91 -0.27%
AUD/USD: $US0.6717 -0.24%
Bitcoin: $US10,394.60 +6.34%
What got you talking yesterday
Over on Stockhead’s Facebook group chat, members were most interested in Meteoric Resources (ASX: MEI) which is expected to announce drilling results in the coming day.
You can join here to discuss small-caps – both specific stocks as well as broader market trends.
These were the five most-tipped stocks on Stocks in Play on Monday:
$ARS – Alt Resources
$STX – Strike Energy
$HMX – Hammer Metals
$VAL – Valor Resources
$LON – Longtable Group
Yesterday’s winners
| Code | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| VIC | Victory Mines Ltd | 0.003 | +50.00% | $2.2M | 1.2M |
| ORM | Orion Metals Ltd | 0.014 | +40.00% | $6.9M | 9.4k |
| BNL | Big Star Energy Ltd | 0.012 | +33.33% | $5.6M | 47.2M |
| XCD | XCD Energy Ltd | 0.012 | +33.33% | $5.9M | 4.9M |
| ALT | Analytica Ltd | 0.004 | +33.33% | $14.1M | 421.7k |
| LMG | Latrobe Magnesium Ltd | 0.008 | +33.33% | $10.4M | 6.4M |
| RFN | Reffind Ltd | 0.004 | +33.33% | $2.6M | 5.5M |
| ROG | Red Sky Energy Ltd | 0.004 | +33.33% | $2.5M | 500.0k |
| KP2 | Kore Potash PLC | 0.04 | +29.63% | $30.1M | 210.9k |
| PAA | PharmAust Ltd | 0.14 | +28.57% | $37.8M | 3.9M |
| LSA | Lachlan Star Ltd | 0.009 | +28.57% | $6.8M | 166.4k |
| AD1 | ApplyDirect Ltd | 0.02 | +26.67% | $10.0M | 405.1k |
| ARL | Ardea Resources Ltd | 0.57 | +25.27% | $63.1M | 411.5k |
| BUY | Bounty Oil & Gas NL | 0.005 | +25.00% | $4.8M | 930.0k |
| CDT | Castle Minerals Ltd | 0.01 | +25.00% | $2.2M | 687.2k |
| SDA | SpeedCast International Ltd | 0.96 | +23.87% | $230.2M | 19.6M |
| PIL | Peppermint Innovation Ltd | 0.01 | +22.22% | $10.9M | 180.0k |
| BSX | Blackstone Minerals Ltd | 0.17 | +22.22% | $26.6M | 2.5M |
| CVV | Caravel Minerals Ltd | 0.05 | +21.95% | $9.2M | 162.3k |
| DOR | Doriemus PLC | 0.03 | +21.43% | $2.0M | 13.1k |
| SGQ | St George Mining Ltd | 0.17 | +21.43% | $62.2M | 12.4M |
Yesterday’s losers
| Code | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| XPE | Xped Ltd | 0.002 | -33.33% | $1.5M | 1.3M |
| DDD | 3D Resources Ltd | 0.002 | -33.33% | $2.3M | 21.4M |
| ARO | Astro Resources NL | 0.002 | -33.33% | $2.5M | 1.7M |
| KIN | Kin Mining NL | 0.05 | -28.00% | $26.1M | 2.6M |
| UTR | Ultracharge Ltd | 0.003 | -25.00% | $1.6M | 443.5k |
| SUD | Suda Pharmaceuticals Ltd | 0.003 | -25.00% | $10.7M | 12.2M |
| RLC | Reedy Lagoon Corp Ltd | 0.003 | -25.00% | $1.2M | 500.0k |
| CAV | Carnavale Resources Ltd | 0.003 | -25.00% | $4.5M | 80.0k |
| POD | Podium Minerals Ltd | 0.03 | -24.44% | $5.2M | 1.6M |
| MSG | MCS Services Ltd | 0.02 | -23.81% | $3.0M | 6.4M |
| FAM | Family Insights Group Ltd | 0.08 | -20.00% | $4.0M | 271.1k |
| SGH | Slater & Gordon Ltd | 1.2 | -20.00% | $83.4M | 49.3k |
| YPB | YPB Group Ltd | 0.004 | -20.00% | $4.6M | 878.0k |
| SBR | Sabre Resources Ltd | 0.004 | -20.00% | $1.9M | 5.3M |
| PBX | Pacific Bauxite Ltd | 0.004 | -20.00% | $1.6M | 2.6M |
| DTI | DTI Group Ltd | 0.03 | -19.35% | $5.4M | 690.4k |
| SIH | Sihayo Gold Ltd | 0.01 | -18.75% | $30.1M | 1.5M |
| SCT | Scout Security Ltd | 0.06 | -18.42% | $7.4M | 690.0k |
