On Stockhead today, we get an expert’s take on the pick-up in the number of mining hopefuls heading for the ASX, Tim Boreham delves deep into the only ASX-listed biotech in the photodynamic therapy game and a newly minted base metals play lights up the boards at a nearly 33 per cent premium on its first day on the ASX.

But first…

 

The week ahead

It’s a busy week for the Reserve Bank. On Tuesday the board will meet for the first time in 2020. Members will have plenty of things to consider about the economy beyond inflation, including the Christmas shopping season and the bushfires crisis.

On Friday Governor Phillip Lowe will give his semi-annual testimony to parliament.

In economic data, Thursday is the busiest day with monthly retail sales, NAB Business confidence and Australia’s trade balance. Additionally, today will see the Melbourne Institute release its monthly inflation gauge.

The following ASX companies are in trading halts and are expected to exit in the next two trading days:

Monday:
Dubber Corp (ASX:DUB) – network agreement
Onevue Holdings (ASX:OVH) – response to Saigon administration reports

Tuesday:
Resolution Minerals (ASX:RML) – capital raising
Consolidated Tin Mines (ASX:CSD) – project acquisition

 

Markets

Gold: $US1,586.35 ($2,369.94) (+0.79%)

Silver: $US17.99 (+0.79%)

Oil (WTI): $US51.54 (-1.16%)

Oil (Brent): $US58.01 (-0.48%)

Coal: $US67.17 (-0.16%)

Iron 62pc Fe: $US92.44 (-0.50%)

AUD/USD: $US0.6694 (+0.03%)

Bitcoin: $US9,419.02 (+0.66%)

 

What got you talking last week

Gold just can’t put a foot wrong at the moment. Our recap of gold news on Thursday got the most attention.

News on Thursday included Newcrest Mining’s (ASX:NCM) drilling plans for the next two quarters and a find by smaller explorer Focus Minerals (ASX:FML). Focus hit shallow, high-grade gold — like 4m at 21.69g/t from 28m – at Beasley Creek South in WA.

Meanwhile in our Facebook Small and Micro cap chat group it was about regenerative foods – triggered by Wide Open Agriculture’s (ASX:WOA) strong quarterly. If you’re not yet a member we’d love to have you join – which you can 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
NCL NETCCENTRIC LTD 0.010 0.020 100 5.25M
AUT AUTECO MINERALS LTD 0.011 0.021 91 21.05M
GBP GLOBAL PETROLEUM LTD 0.020 0.038 90 7.70M
RIM RIMFIRE PACIFIC MINING NL 0.002 0.003 50 4.53M
ARE ARGONAUT RESOURCES NL 0.004 0.006 50 9.47M
CCE CARNEGIE CLEAN ENERGY LTD 0.001 0.002 50 16.71M
DDD 3D RESOURCES LTD 0.001 0.002 50 1.74M
TMK TAMASKA OIL & GAS LTD 0.006 0.009 50 8.01M
OKU OKLO RESOURCES LTD 0.170 0.250 47 103.20M
HSC HOMESTAY CARE LTD 0.005 0.007 40 11.73M
NAG NAGAMBIE RESOURCES LTD 0.036 0.050 39 22.50M
CZL CONSOLIDATED ZINC LTD 0.008 0.011 37 18.37M
IP1 INTEGRATED PAYMENT TECHNOLOGIES 0.008 0.011 37 3.40M
AIV ACTIVEX LTD 0.095 0.130 37 23.04M
EGR ECOGRAF LTD 0.066 0.090 36 27.69M
CXX CRADLE RESOURCES LTD 0.041 0.054 32 10.24M
TSL TITANIUM SANDS LTD 0.020 0.026 30 20.24M
REV REAL ESTATE INVESTAR GROUP L 0.010 0.013 30 3.03M
MAG MAGMATIC RESOURCES LTD 0.270 0.345 28 53.64M
AEI AERIS ENVIRONMENTAL LTD 0.290 0.370 28 79.13M
RML RESOLUTION MINERALS LTD 0.051 0.065 27 7.40M
UNL UNITED NETWORKS LTD 0.035 0.044 26 17.26M
ENT ENTERPRISE METALS LTD 0.008 0.010 25 4.16M
MSR MANAS RESOUCES LTD 0.002 0.002 25 6.61M
SBR SABRE RESOURCES LTD 0.002 0.002 25 2.13M
CZN CORAZON MINING LTD 0.004 0.005 25 10.44M
BMG BMG RESOURCES LTD 0.004 0.005 25 2.93M
WRM WHITE ROCK MINERALS LTD 0.004 0.005 25 9.20M
SGO STREAM GROUP LTD 0.017 0.021 24 4.61M
DOR DORIEMUS PLC-CDI 0.030 0.037 23 2.15M
IMM IMMUTEP LTD 0.285 0.350 23 137.07M
ADR ADHERIUM LTD 0.033 0.040 21 19.88M
OSL ONCOSIL MEDICAL LTD 0.165 0.200 21 126.14M
HVM HAPPY VALLEY NUTRITION LTD 0.165 0.200 21 42.51M
GSS GENETIC SIGNATURES LTD 1.000 1.210 21 172.21M
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Last week’s losers

Code Name Price last Friday Price this Friday % Return Market Cap
NSX NSX LTD 0.160 0.120 -25 23.35M
SI6 SIX SIGMA METALS LTD 0.004 0.003 -25 1.94M
GLV GLOBAL OIL & GAS LTD 0.002 0.002 -25 4.69M
LCY LEGACY IRON ORE LTD 0.002 0.002 -25 9.37M
MRV MORETON RESOURCES LTD 0.004 0.003 -25 9.32M
PRM PROMINENCE ENERGY LTD 0.002 0.002 -25 1.98M
FGO FLAMINGO AI LTD 0.002 0.002 -25 1.68M
GMV G MEDICAL INNOVATION HOLDING 0.155 0.115 -26 47.30M
LVE LOVE GROUP GLOBAL LTD 0.055 0.040 -27 1.62M
NTI NEUROTECH INTERNATIONAL LTD 0.018 0.013 -28 1.76M
COY COPPERMOLY LTD 0.007 0.005 -29 10.64M
UUV UUV AQUABOTIX LTD 0.0035 0.0024 -29 1.29M
PPL PUREPROFILE LTD 0.014 0.010 -29 1.20M
MDI MIDDLE ISLAND RESOURCES LTD 0.006 0.004 -33 4.71M
TYX TYRANNA RESOURCES LTD 0.003 0.002 -33 1.95M
WCN WHITE CLIFF MINERALS LTD 0.006 0.004 -33 1.88M
POW PROTEAN ENERGY LTD 0.006 0.004 -33 1.25M
PSM PENINSULA MINES LTD 0.003 0.002 -33 6.65M
PNN PEPINNINI LITHIUM LTD 0.003 0.002 -33 2.87M
MRD MOUNT RIDLEY MINES LTD 0.003 0.002 -33 5.37M
NXE NEW ENERGY MINERALS LTD 0.012 0.008 -33 1.33M
PAN PANORAMIC RESOURCES LTD 0.280 0.185 -34 141.18M
AQC AUSTRALIAN PACIFIC COAL LTD 0.235 0.155 -34 7.83M
ODM ODIN METALS LTD 0.100 0.065 -35 9.99M
PRZ PARAZERO LTD 0.060 0.036 -40 4.58M
SHK STONE RESOURCES AUSTRALIA LT 0.002 0.001 -50 836.05k
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