On Stockhead today, iron ore prices are coming back down to earth and we look at how far they could go, our weekly Bargain Barrel picks and small cap lithium players have a good week.

But first…

 

The day ahead

Victorians have the day off for the Melbourne Cup, with the “race that stops the nation” scheduled to get underway at 3pm (eastern time).

And as it always does on the first Tuesday of November (at 2:30pm), the RBA will make its monthly policy announcement. The consensus forecast is for rates to stay on hold at 0.75 per cent after three cuts this year.

Elsewhere, China has Caixin (non-government) manufacturing PMIs, and the US has trade figures and the ISM non-manufacturing index.

The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:

Tuesday:

Simble Solutions (ASX:SIS) – capital raising
Peninsula Energy (ASX:PEN) – restructure of loan facility
EMvision Devices (ASX:EMV) – capital raising
Alcidion Group (ASX:ALC) – capital raising
Pointerra (ASX:3DP) – capital raising
OBJ (ASX:OBJ) – acquisition
Cirralto (ASX:CRO) – capital raising

Wednesday:

Diatreme Resources (ASX:DRX) – capital raising
Novatti Group (ASX:NOV) – capital raising
Micro-X (ASX:MX1) – capital raising
Bass Oil (ASX:BAS) – flow test results

 

Markets

Gold: US$1,509.59 (-0.31%)

Silver: $18.05 (-0.38%)

Oil (WTI): $56.58 (+0.68%)

Oil (Brent): $62.14 (+0.73%)

Coal: $70.08 (+0.19%)

Iron 62pc Fe: $83.27 (-2.7%)

AUD/USD: 0.6885 (-0.44%)

Bitcoin: $9,444.41 (+3.83%)

 

What got you talking last week

Over on the Stockhead Twitter page, readers took an interest in our summary of the 22 ASX-listed biotech stocks that have made it furthest down the path to commercialisation.

These were the 10 most tipped stocks (weekly) on Stocks in Play:

Yesterday’s winners

Code Name Price % Chg Market Cap Volume
EGA Egan Street Resources Ltd 0.51 +61.90% $71.2M 5.6M
VIC Victory Mines Ltd 0.0015 +50.00% $3.1M 7.2M
TTT Titomic Ltd 1.37 +43.46% $174.3M 1.8M
LIN Lindian Resources Ltd 0.02 +42.86% $8.9M 40.1M
BMG BMG Resources Ltd 0.004 +33.33% $2.3M 160.0k
ECT Environmental Clean Technologi 0.002 +33.33% $17.0M 4.5M
MLS Metals Australia Ltd 0.002 +33.33% $5.9M 1.3M
UUV UUV Aquabotix Ltd 0.004 +33.33% $2.1M 265.0k
PAN Panoramic Resources Ltd 0.43 +26.87% $278.1M 13.7M
AYR Alloy Resources Ltd 0.0025 +25.00% $5.1M 2.5M
RMX Red Mountain Mining Ltd 0.008 +23.08% $6.8M 27.1M
PSA Petsec Energy Ltd 0.06 +22.45% $23.9M 230.0k
BNO Bionomics Ltd 0.12 +22.34% $62.6M 9.7M
1AD Adalta Ltd 0.14 +21.74% $23.0M 17.3k
HAW Hawthorn Resources Ltd 0.07 +21.43% $22.2M 650.7k
AJM Altura Mining Ltd 0.07 +21.05% $163.7M 53.6M

Yesterday’s losers

Code Name Price % Chg Market Cap Volume
BPH BPH Energy Ltd 0.001 -50.00% $3.0M 800.0k
2BE Tubi Pty Ltd 0.13 -46.94% $31.6M 5.4M
MTB Mount Burgess Mining NL 0.002 -33.33% $1.0M 75.0k
GLV Global Vanadium Ltd 0.002 -33.33% $6.3M 1.0M
ELT Elementos Ltd 0.002 -33.33% $3.1M 15.1M
CYQ Cycliq Group Ltd 0.001 -33.33% $1.7M 20k
ZNC Zenith Minerals Ltd 0.05 -26.09% $10.9M 78.8k
FGO Flamingo AI Ltd 0.0015 -25.00% $1.7M 3.8M
COY Coppermoly Ltd 0.006 -25.00% $12.8M 600.0k
ALT Analytica Ltd 0.003 -25.00% $10.6M 195.0k
AJL AJ Lucas Group Ltd 0.08 -23.64% $63.0M 579.5k
WWG Wiseway Group Ltd 0.12 -22.58% $16.8M 434.0k
TIG Tigers Realm Coal Ltd 0.02 -20.83% $34.0M 1.2M
ZIP ZipTel Ltd 0.012 -20.00% $2.2M 725.1k
SRZ Stellar Resources Ltd/Australi 0.012 -20.00% $4.6M 633.3k
RFN Reffind Ltd 0.004 -20.00% $2.6M 11.3M
POW Protean Energy Ltd 0.004 -20.00% $1.2M 4.1M
KMT Kopore Metals Ltd 0.004 -20.00% $2.6M 709.6k
CDT Castle Minerals Ltd 0.008 -20.00% $1.8M 500.0k