Rise and Shine: What you need to know before the ASX opens
News
News
On Stockhead today, Australia could be the world’s biggest gold producer by mid-next year, junior explorers may be feeling the investor love in 2020 thanks to a strong iron ore price and Avita is busy with so much more than just burns treatments.
But first…
This will be a quiet trading week. The ASX will be shut on Wednesday and Thursday for Christmas and Boxing Day but will be open today, tomorrow and Friday.
The only economic data out this week is private sector credit at 11.30am – both monthly for November and year on year.
The following companies are in trading halts or voluntary suspensions and are expected to exit in the next two trading days.
Monday:
Urbanise.Com (ASX:UBN) – capital raising
Middle Island Resources (ASX:MDI) – capital raising
Prospect Resources (ASX:PSC) – capital raising
Tuesday:
New Century Resources (ASX:NCZ) – expansion of working capital facility
Argent Minerals (ASX:ARD) – R&D claim outcome
Gold: $US1,477.65 ($2,141.27) (-0.08%)
Silver: $US17.18 (+0.53%)
Oil (WTI): $US61.22 (+0.43%)
Oil (Brent): $US65.04 (-2.26%)
Coal: $US67.58 (-1.34%)
Iron 62pc Fe: $US91.74 (-0.28%)
AUD/USD: $US0.6901 (+0.01%)
Bitcoin: $US7322.41 (+0.22%)
Any news is good news…right? S&P Global told us lithium prices might stay low into 2020 if electric vehicle pick up does not accelerate.
But 2020 will be decisive; if new projects don’t find financing in the coming months, lithium oversupply will shift suddenly into shortage in a few years. #ASX #ausbix $LIT $PSC https://t.co/NXNxfruJdB
— Stockhead (@StockheadAU) December 16, 2019
These were the most tipped stocks (weekly) on Stocks in Play:
Code | Name | Price Last Friday | Price this Friday | % Return | Market Cap |
---|---|---|---|---|---|
SHK | STONE RESOURCES AUSTRALIA LT | 0.001 | 0.002 | 100 | 1.67M |
MRQ | MRG METALS LTD | 0.011 | 0.019 | 73 | 19.46M |
AML | AEON METALS LTD | 0.100 | 0.170 | 70 | 114.59M |
NWE | NORWEST ENERGY NL | 0.004 | 0.007 | 56 | 28.31M |
QTM | QUANTUM HEALTH GROUP LTD | 0.026 | 0.040 | 54 | 45.13M |
NVL | NATIONAL VETERINARY CARE LTD | 2.360 | 3.600 | 53 | 241.71M |
CCE | CARNEGIE CLEAN ENERGY LTD | 0.001 | 0.002 | 50 | 16.71M |
TPD | TALON PETROLEUM LTD | 0.002 | 0.003 | 50 | 5.33M |
AO1 | ASSETOWL LTD | 0.005 | 0.007 | 40 | 2.11M |
AFR | AFRICAN ENERGY RESOURCES-CDI | 0.013 | 0.018 | 38 | 11.21M |
KGD | KULA GOLD LTD | 0.027 | 0.037 | 37 | 2.18M |
GIB | GIBB RIVER DIAMONDS LTD | 0.020 | 0.027 | 35 | 4.84M |
TDO | 3D OIL LTD | 0.071 | 0.095 | 34 | 25.19M |
WWI | WEST WITS MINING LTD | 0.006 | 0.008 | 33 | 7.50M |
PRM | PROMINENCE ENERGY LTD | 0.002 | 0.002 | 33 | 2.64M |
VAL | VALOR RESOURCES LTD | 0.003 | 0.004 | 33 | 7.57M |
AYR | ALLOY RESOURCES LTD | 0.002 | 0.002 | 33 | 4.18M |
EPM | ECLIPSE METALS LTD | 0.003 | 0.004 | 33 | 4.94M |
MAG | MAGMATIC RESOURCES LTD | 0.170 | 0.225 | 32 | 34.92M |
EM1 | EMERGE GAMING LTD | 0.013 | 0.017 | 31 | 11.17M |
AXE | ARCHER MATERIALS LTD | 0.115 | 0.150 | 30 | 31.86M |
SVD | SCANDIVANADIUM LTD | 0.007 | 0.009 | 29 | 3.17M |
PWN | PARKWAY MINERALS NL | 0.007 | 0.009 | 29 | 10.98M |
VML | VITAL METALS LTD | 0.011 | 0.014 | 27 | 30.00M |
GO2 | GO2 PEOPLE LTD/THE | 0.011 | 0.014 | 27 | 1.65M |
AC8 | AUSCANN GROUP HOLDINGS LTD | 0.185 | 0.235 | 27 | 74.51M |
ICT | ICOLLEGE LTD | 0.043 | 0.054 | 26 | 28.39M |
Code | Name | Price last Friday | Price this Friday | % Return | Market Cap |
---|---|---|---|---|---|
SI6 | SIX SIGMA METALS LTD | 0.004 | 0.003 | -25 | 1.94M |
TYX | TYRANNA RESOURCES LTD | 0.004 | 0.003 | -25 | 2.92M |
RLC | REEDY LAGOON CORP LTD | 0.004 | 0.003 | -25 | 1.21M |
GTE | GREAT WESTERN EXPLORATION LTD | 0.004 | 0.003 | -25 | 4.34M |
ANW | AUS TIN MINING LTD | 0.002 | 0.002 | -25 | 3.91M |
ALT | ANALYTICA LTD | 0.004 | 0.003 | -25 | 10.56M |
PCL | PANCONTINENTAL OIL & GAS NL | 0.002 | 0.002 | -25 | 8.11M |
DCG | DECMIL GROUP LTD | 0.840 | 0.625 | -26 | 149.54M |
HLX | HELIX RESOURCES LTD | 0.019 | 0.014 | -26 | 6.82M |
RVS | REVASUM INC-CDI | 0.775 | 0.570 | -26 | 44.34M |
FIJ | FIJI KAVA LTD | 0.100 | 0.073 | -27 | 5.09M |
SKN | SKIN ELEMENTS LTD | 0.014 | 0.010 | -29 | 1.62M |
HNG | HGL LTD | 0.360 | 0.250 | -31 | 15.24M |
MLX | METALS X LTD | 0.105 | 0.071 | -32 | 64.42M |
CAD | CAENEUS MINERALS LTD | 0.002 | 0.001 | -33 | 2.33M |
ROG | RED SKY ENERGY LTD | 0.003 | 0.002 | -33 | 3.25M |
BAS | BASS OIL LTD | 0.003 | 0.002 | -33 | 6.68M |
SBR | SABRE RESOURCES LTD | 0.003 | 0.002 | -33 | 1.69M |
PSM | PENINSULA MINES LTD | 0.003 | 0.002 | -33 | 2.34M |
MLS | METALS AUSTRALIA LTD | 0.002 | 0.001 | -33 | 3.21M |
IKW | IKWEZI MINING LTD | 0.003 | 0.002 | -33 | 8.13M |
DDD | 3D RESOURCES LTD | 0.002 | 0.001 | -33 | 1.16M |
GBP | GLOBAL PETROLEUM LTD | 0.030 | 0.020 | -33 | 4.05M |
MEI | METEORIC RESOURCES NL | 0.047 | 0.031 | -34 | 34.77M |
KOR | KORAB RESOURCES LTD | 0.014 | 0.009 | -36 | 2.85M |
SHH | SHREE MINERALS LTD | 0.005 | 0.003 | -40 | 1.82M |
PXS | PHARMAXIS LTD | 0.260 | 0.145 | -44 | 57.23M |
GLV | GLOBAL OIL & GAS LTD | 0.002 | 0.001 | -50 | 3.13M |
TDL | TBG DIAGNOSTICS LTD | 0.045 | 0.018 | -60 | 3.92M |