On Stockhead today, the prospects for mining services companies are looking good in 2020, Dr Nigel Finch puts EdTech under the magnifying glass in our inaugural StockDoc podcast and one fund is promising 7 per cent returns for solar power investments.
But first…
The week ahead
This week in economic data begins with the Melbourne Institute’s monthly and yearly inflation gauges for December. On Tuesday we’ll see ANZ-Roy Morgan’s weekly consumer confidence index.
On Thursday, the RBA is releasing forex transactions as well as housing loan data (both owner occupier and investor). Finally on Friday, Bloomberg will release its monthly economic survey.
The following companies are in trading halts and are expected to exit in the next 48 hours:
Monday:
Consolidated Zinc (ASZ:CZL) – mining contractor update
Anglo Australian Resources (ASX:AAR) – capital raising
Quantify Technology Holdings (ASX:QFY) – capital raising
Challenger Exploration (ASX:CEL) – capital raising
Austar Gold (ASX:AUL) – capital raising
Tuesday:
Prospect Resources (ASX:PSC) – capital raising
Coziron Resources (ASX:CZR) – assay results
New World Resources (ASX:NWC) – project acquisition
Markets
Gold: $US1,560.30 ($2,262.29) (+0.55%)
Silver: $US18.05 (+0.69%)
Oil (WTI): $US59.08 (-0.78%)
Oil (Brent): $US65.02 (-0.48%)
Coal: $US74.12 (+4.10%)
Iron 62pc Fe: $US93.56 (-0.02%)
AUD/USD: $US0.6897 (-0.06%)
Bitcoin: $US8,128.38 (-0.19%)
What got you talking last week
Last week’s biggest talking point on Twitter was Lake Resources (ASX:LKE). It confirmed its disruptive lithium brine processing tech really does make battery-grade lithium.
We have a Facebook Small and Micro cap chat group. If you’re not already a member we’d love to have you join – which you can do here.
These were the most tipped stocks (weekly) on Stocks in Play:
Last week’s winners
| Code | Name | Price Last Friday | Price this Friday | % Return | Market Cap |
|---|---|---|---|---|---|
| ADD | ADAVALE RESOURCES LTD | 0.016 | 0.034 | 113 | 5.41M |
| MNS | MAGNIS ENERGY TECHNOLOGIES L | 0.081 | 0.140 | 73 | 87.23M |
| ACP | AUDALIA RESOURCES LTD | 0.006 | 0.010 | 67 | 6.42M |
| CXX | CRADLE RESOURCES LTD | 0.030 | 0.045 | 50 | 8.54M |
| LCY | LEGACY IRON ORE LTD | 0.002 | 0.003 | 50 | 10.28M |
| IKW | IKWEZI MINING LTD | 0.002 | 0.003 | 50 | 12.20M |
| BPH | BPH ENERGY LTD | 0.001 | 0.002 | 50 | 5.01M |
| RNX | RENEGADE EXPLORATION LTD | 0.002 | 0.003 | 50 | 2.14M |
| GTG | GENETIC TECHNOLOGIES LTD | 0.005 | 0.008 | 45 | 32.51M |
| ICU | ISENTRIC LTD | 0.007 | 0.010 | 43 | 1.84M |
| AEE | AURA ENERGY LTD | 0.005 | 0.007 | 40 | 9.97M |
| EVE | EVE INVESTMENTS LTD | 0.005 | 0.007 | 40 | 21.24M |
| LKE | LAKE RESOURCES NL | 0.037 | 0.051 | 38 | 27.01M |
| ACB | A-CAP ENERGY LTD | 0.008 | 0.011 | 37 | 9.59M |
| OLL | OPENLEARNING LTD | 0.175 | 0.240 | 37 | 33.52M |
| MRR | MINREX RESOURCES LTD | 0.009 | 0.012 | 33 | 1.15M |
| RAN | RANGE INTERNATIONAL LTD | 0.018 | 0.024 | 33 | 4.83M |
| ICG | INCA MINERALS LTD | 0.002 | 0.002 | 33 | 8.10M |
| ALT | ANALYTICA LTD | 0.003 | 0.004 | 33 | 14.08M |
| FGO | FLAMINGO AI LTD | 0.002 | 0.002 | 33 | 2.24M |
| UUV | UUV AQUABOTIX LTD | 0.003 | 0.004 | 33 | 2.07M |
| SZL | SEZZLE INC-CDI | 1.395 | 1.855 | 33 | 368.97M |
| CXU | CAULDRON ENERGY LTD | 0.019 | 0.025 | 32 | 8.57M |
| CP1 | CANNPAL ANIMAL THERAPEUTICS | 0.115 | 0.150 | 30 | 13.97M |
| RIE | RIEDEL RESOURCES LTD | 0.010 | 0.013 | 30 | 5.43M |
| SHO | SPORTSHERO LTD | 0.031 | 0.040 | 29 | 13.13M |
| ID8 | IDENTITII LTD | 0.295 | 0.380 | 29 | 20.72M |
| ATP | ATLAS PEARLS LTD | 0.007 | 0.009 | 29 | 3.85M |
| ICE | ICETANA LTD | 0.190 | 0.240 | 26 | 32.89M |
| KTE | K2 ENERGY LTD | 0.004 | 0.005 | 25 | 1.50M |
| TMX | TERRAIN MINERALS LTD | 0.004 | 0.005 | 25 | 3.62M |
Last week’s losers
| Code | Name | Price last Friday | Price this Friday | % Return | Market Cap |
|---|---|---|---|---|---|
| ORM | ORION METALS LTD | 0.019 | 0.015 | -21 | 7.65M |
| GIB | GIBB RIVER DIAMONDS LTD | 0.065 | 0.050 | -23 | 8.95M |
| NAE | NEW AGE EXPLORATION LTD | 0.004 | 0.003 | -25 | 2.67M |
| GLV | GLOBAL OIL & GAS LTD | 0.002 | 0.002 | -25 | 4.69M |
| OEX | OILEX LTD | 0.004 | 0.003 | -25 | 10.28M |
| GSM | GOLDEN STATE MINING LTD | 0.070 | 0.052 | -26 | 1.90M |
| REY | REY RESOURCES LTD | 0.290 | 0.215 | -26 | 45.62M |
| NZS | NEW ZEALAND COASTAL SEAFOODS | 0.015 | 0.011 | -27 | 5.83M |
| IRD | IRON ROAD LTD | 0.083 | 0.059 | -29 | 40.93M |
| E2E | EON NRG LTD | 0.006 | 0.004 | -33 | 3.08M |
| ROG | RED SKY ENERGY LTD | 0.003 | 0.002 | -33 | 3.25M |
| VPR | VOLT POWER GROUP LTD | 0.002 | 0.001 | -33 | 8.99M |
| XPE | XPED LTD | 0.002 | 0.001 | -33 | 1.76M |
| PNN | PEPINNINI LITHIUM LTD | 0.003 | 0.002 | -33 | 2.87M |
| MRD | MOUNT RIDLEY MINES LTD | 0.003 | 0.002 | -33 | 5.37M |
| MLS | METALS AUSTRALIA LTD | 0.002 | 0.001 | -33 | 3.21M |
| TRL | TANGA RESOURCES LTD | 0.003 | 0.002 | -33 | 3.74M |
| SRN | SUREFIRE RESOURCES NL | 0.003 | 0.002 | -33 | 1.26M |
| CAE | CANNINDAH RESOURCES LTD | 0.015 | 0.010 | -33 | 1.93M |
| MRQ | MRG METALS LTD | 0.027 | 0.018 | -33 | 18.73M |
| VAR | VARISCAN MINES LTD | 0.040 | 0.025 | -38 | 5.15M |
| TNP | TRIPLE ENERGY LTD | 0.014 | 0.008 | -43 | 575.97k |
| CCE | CARNEGIE CLEAN ENERGY LTD | 0.002 | 0.001 | -50 | 11.14M |