On Stockhead today, Chinese New Year is just around the corner and these stocks are finding fortune with the Asian behemoth, we explore the ups and downs of the gold price rollercoaster and cannabis could be the answer to one WA town’s woes.

But first…

The day ahead

Australian markets will get the data event of the week today, with the release of December employment figures from the ABS.

The median forecast is for 12,000 jobs to be added, with the monthly unemployment rate to hold at 5.2 per cent. Although, the economics team at Westpac is more bearish, predicting a 5,000-job decline.

Later tonight, all eyes will be on the European Central Bank when it announces its monthly policy decision.

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


Comet Resources (ASX:CRL) – proposed acquisition
Resolute Mining (ASX:RSG) – capital raising
Accelerate Resources (ASX:AX8) – capital raising


Cape Lambert Resources (ASX:CFE) – financing facility
Platina Resources (ASX:PGM) – assay results
Eagle Mountain Mining (ASX:EM2) – capital raising
HomeStay Care (ASX:HSC) – sales update
Macarthur Minerals (ASX:MIO) – media report clarification
Gladiator Resources (ASX:GLA) – acquisition of Highgate
MetalsTech (ASX:MTC) – clarification of research note


Gold: $US1,555.55 ($2,273.44) (+0.11%)

Silver: $US17.87 (+0.41%)

Oil (WTI): $US56.69 (-2.96%)

Oil (Brent): $US62.98 (-2.29%)

Coal: $US70.27 (-0.96%)

Iron 62pc Fe: $US94.80 (-0.01%)

AUD/USD: $US0.6842 (-0.04%)

Bitcoin: $US8,646.98 (-0.41%)


What got you talking yesterday?

It’s anyone’s guess as to when uranium will recover but $US60 ($88) per pound will be the price incentivising new mines to begin while $US30 will be enough for existing mine owners like Boss Resources (ASX: BOE) to ramp things up again.

Our Twitter followers enjoyed our chat with Boss’ managing director Duncan Craib.

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


Yesterday’s winners

Code Name Price % Chg Market Cap Volume
CCE Carnegie Clean Energy Ltd 0.002 +100.00% $22.3M 481.0k
CLZ Classic Minerals Ltd 0.003 +50.00% $21.0M 7.8M
MDI Middle Island Resources Ltd 0.006 +50.00% $8.2M 17.2M
MRD Mount Ridley Mines Ltd 0.003 +50.00% $8.0M 1.0M
MHC Manhattan Corp Ltd 0.007 +40.00% $6.5M 14.3M
BIT Biotron Ltd 0.08 +40.00% $59.0M 20.2M
AYR Alloy Resources Ltd 0.002 +33.33% $4.2M 16.2M
E2E Eon NRG Ltd 0.004 +33.33% $3.1M 780.0k
DTS Dragontail Systems Ltd 0.18 +33.33% $44.8M 4.0M
GSM Golden State Mining Ltd 0.076 +28.81% $2.8M 128.4k
IP1 Integrated Payment Technologie 0.01 +25.00% $3.1M 394.5k
SMI Santana Minerals Ltd 0.005 +25.00% $13.4M 22.8M
BTH Bigtincan Holdings Ltd 0.87 +24.46% $266.7M 7.3M
SCU Stemcell United Ltd 0.02 +23.53% $13.5M 5.5M
BAS Bass Oil Ltd 0.003 +20.00% $10.0M 500.0k
EPM Eclipse Uranium Ltd 0.006 +20.00% $7.4M 833.3k
SRY Story-I Ltd 0.012 +20.00% $4.4M 200.0k
WCN White Cliff Minerals Ltd 0.006 +20.00% $2.8M 100.0k
LI3 Lithium Consolidated Ltd 0.03 +20.00% $4.4M 130.4k
DCL DomaCom Ltd 0.07 +19.64% $16.4M 797.7k
WZR Wisr Ltd 0.28 +19.15% $231.4M 32.9M
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Yesterday’s losers

Code Name Price % Chg Market Cap Volume
GLV Global Oil & Gas Ltd 0.001 -50.00% $3.1M 5.2M
PCH Property Connect Holdings Ltd 0.002 -33.33% $1.4M 67.2k
TZL TZ Ltd 0.13 -27.78% $10.2M 390.5k
ICG Inca Minerals Ltd 0.0015 -25.00% $6.1M 700.9k
ADV Ardiden Ltd 0.003 -25.00% $5.4M 1.4M
LPE Locality Planning Energy Holdi 0.51 -22.73% $25.6M 168.1k
OLV Otherlevels Holdings Ltd 0.007 -22.22% $2.0M 4.2M
IPD ImpediMed Ltd 0.14 -20.59% $69.0M 14.0M
XCD XCD Energy Ltd 0.012 -20.00% $8.4M 89.6M
VAL Valor Resources Ltd 0.004 -20.00% $7.6M 10.7M
TYX Tyranna Resources Ltd 0.004 -20.00% $1.9M 80.0k
SRN Surefire Resources NL 0.002 -20.00% $1.3M 2.5M
RNX Renegade Exploration Ltd 0.002 -20.00% $1.4M 250.0k
OAR Oakdale Resources Ltd 0.004 -20.00% $2.3M 800.0k
DTR Dateline Resources Ltd 0.002 -20.00% $16.4M 14.4M
BXN Bioxyne Ltd 0.02 -20.00% $10.2M 565.8k
BUY Bounty Oil & Gas NL 0.004 -20.00% $3.8M 1.1M
AVE Avecho Biotechnology Ltd 0.004 -20.00% $6.3M 1.6M
ADX ADX Energy Ltd 0.008 -20.00% $13.4M 150.0k
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