On Stockhead today, coronavirus is fuelling rare earths supply concerns, Intelicare is heading for the ASX and the week in cannabis.

But first…

 

The day ahead

Today is one of the busiest days for economists with jobs data due out. This includes the unemployment rate but also the labour force participation rate, job creation figures and the changes in full and part time unemployment.

Also out today is the Reserve Bank’s monthly foreign exchange transaction figures.

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

Thursday:

Odin Metals (ASX:ODM) – transaction
Magnetic Resources (ASX:MAU) – capital raising
Kingwest Resources (ASX:KWR) – capital raising

Friday:

Resapp Health (ASX:RAP) – capital raising
Blina Minerals (ASX:BDI) – capital raising

Markets

Gold: $US1,611.82 ($2,414.35) (+0.63%)

Silver: $US18.45 (+1.23%)

Oil (WTI): $US53.30 (+2.36%)

Oil (Brent): $US58.93 (+2.22%)

Coal: $US67.98 (-0.79%)

Iron 62pc Fe: $US85.43 (+0.67%)

AUD/USD: $US0.6677 (-0.13%)

Bitcoin: $US10,077.98 (-0.90%)

 

What got you talking yesterday

If you’re a mining company it’s all well and good to have a strong project but it’s worth nothing if the government won’t back you.

AVZ Minerals (ASX:AVZ) has a lithium and tin project in the Democratic Republic of Congo and will negotiate with the government about placing the project in a newly created Special Economic Zone (SEZ).

Also popular was Zelira Therapeutics’ (ASX:ZLD) clinical success. The company’s ZLT-101 cannabis formulation passed a clinical trial in patients suffering from insomnia with flying colours. The company is now seeking to launch it commercially later this year.

These were the 10 most tipped stocks (weekly) on Stocks in Play:

 

Yesterday’s winners

Code Name Price % Chg Market Cap Volume
PCL Pancontinental Oil & Gas NL 0.002 +100.00% $10.8M 551.0k
CE1 Calima Energy Ltd 0.0075 +50.00% $16.2M 21.7M
RGL Riversgold Ltd 0.015 +50.00% $3.7M 7.3M
BPH BPH Energy Ltd 0.0015 +50.00% $5.0M 13.8M
MDI Middle Island Resources Ltd 0.007 +40.00% $10.5M 92.3M
ANL Amani Gold Ltd 0.002 +33.33% $12.3M 5.2M
CZN Corazon Mining Ltd 0.004 +33.33% $8.4M 4.2M
PRM Prominence Energy Ltd 0.002 +33.33% $2.6M 8.4M
SBR Sabre Resources Ltd 0.002 +33.33% $1.7M 1.5M
CRM Carbon Minerals Ltd 0.3 +30.43% $5.6M 5.0k
BRV Big River Gold Ltd 0.04 +28.57% $47.4M 15.5M
CXU Cauldron Energy Ltd 0.015 +25.00% $5.1M 50.0k
FFG Fatfish Blockchain Ltd 0.01 +25.00% $8.1M 1.5M
MCT Metalicity Ltd 0.005 +25.00% $3.6M 234.0k
RIM Rimfire Pacific Mining NL 0.0025 +25.00% $3.8M 3.0M
TPD Talon Petroleum Ltd 0.0025 +25.00% $4.4M 2.0M
XTC Xantippe Resources Ltd 0.0025 +25.00% $8.3M 11.2M
VML Vital Metals Ltd 0.011 +22.22% $23.6M 24.2M
A3D Aurora Labs Ltd 0.22 +22.22% $25.8M 1.5M
FHS Freehill Mining Ltd 0.03 +21.74% $38.0M 12.9M
DEG De Grey Mining Ltd 0.22 +21.62% $233.7M 32.8M

 

Yesterday’s losers

Code Name Price % Chg Market Cap Volume
LCY Legacy Iron Ore Ltd 0.001 -33.33% $6.2M 40.0k
EER East Energy Resources Ltd 0.004 -33.33% $12.8M 83.5k
CCE Carnegie Clean Energy Ltd 0.001 -33.33% $11.1M 2.6M
FRX Flexiroam Ltd 0.03 -32.43% $7.6M 42.8k
IEC Intra Energy Corp Ltd 0.005 -28.57% $1.9M 1.0M
WTC WiseTech Global Ltd 21.4 -27.31% $6.8B 4.0M
YPB YPB Group Ltd 0.003 -25.00% $5.1M 5.5M
TYX Tyranna Resources Ltd 0.003 -25.00% $3.2M 69.3k
QFY Quantify Technology Holdings L 0.003 -25.00% $4.7M 2.4k
LRS Latin Resources Ltd 0.003 -25.00% $1.0M 1.8M
APG Austpac Resources NL 0.0015 -25.00% $4.4M 400.0k
SE1 Sensera Ltd 0.01 -23.08% $3.2M 3.2M
DVL DorsaVi Ltd 0.02 -22.22% $4.9M 115.0k
JPR Jupiter Energy Ltd 0.007 -22.22% $1.1M 9.2k
AMT Allegra Orthopaedics Ltd 0.11 -21.43% $11.0M 40.1k
INV Investsmart Group Ltd 0.08 -20.00% $10.9M 25.0k
OTW Over the Wire Holdings Ltd 3.68 -20.00% $190.0M 647.8k