Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, one expert reckons three mining and exploration stocks in particular still have plenty of upside, the farm industry is trying to convince itself that “fake meat” is not a problem and the latest StockDoc podcast on whether AI-backed smart homes could be the key to improving aged care outcomes.
The busiest day in economic data is Tuesday with home loan values and NAB Business confidence. Other than Tuesday the week is quiet with the only major data, due on Thursday, being consumer inflationary expectations
The following companies are in trading halts and are expected to exit in the next 48 hours.
Sky Metals (ASX:SKY) – exploration results
Arowana International (ASX:AWN) – capital raise
Dropsuite (ASX:DSE) – capital raising
Windlab (ASX:WND) – response to legal proceedings
Gulf Maganese Corp (ASX:GMC) – financing for ferro-manganese processing hub
Southern Gold (ASX:SAU) – capital raising
Cassini Resources (ASX:CZI) – price query response
Apollo Consolidated (ASX:AOP) – maiden mineral resource estimate
Fiji Kava (ASX:FIJ) – capital raising
Gold: $US1,570.05 ($2,353.31) (+0.22%)
Silver: $US15.47 (-13.17%)
Oil (WTI): $US50.38 (-1.12%)
Oil (Brent): $US54.50 (-0.78%)
Coal: $US70.25 (-2.67%)
Iron 62pc Fe: $US81.65 (+0.85%)
AUD/USD: $US0.6672 (-0.01%)
Bitcoin: $US10,064.64 (+1.99%)
Gold explorers are all basking in high gold prices but De Grey Mining (ASX:DEG) stood out with a major gold hit last week. Our Twitter followers enjoyed hearing from executive technical director Andy Beckwith.
— Stockhead (@StockheadAU) February 6, 2020
Last week Reuben Adams released his monthly ‘Top 50’ performers recap and we extended it to include all sectors. This piece was also popular with Stockhead readers.
Among stocks discussed in our Facebook small and micro cap chat group were Australian Mines (ASX:AUZ) and Memphasys (ASX:MEM). If you’re not already a member we’d love to have you join – which you can here.
These were the most tipped stocks (weekly) on Stocks in Play: