On Stockhead today, the Pilbara is shaping up as a top gold exploration address for these small caps, fewer investors caught with their pants down on margin loans in COVID market crisis and Tim Boreham on why one unlisted biotech has a good chance of cracking the cancer market.

But first…

 

The day ahead

The key economic data this week is jobs data on Thursday, including the unemployment rate for the month of February. This will give us an early indication of how the coronavirus is impacting the Australian economy, although the impact of recent days will not be reflected in these statistics.

Also, look out for house prices and ANZ Roy Morgan consumer consumer confidence – both on Tuesday.

The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours:

Monday:

Astro Resources (ASX:ARO) – update to mineral sands project
AVZ Minerals (ASX:AVZ) – metallurgical test results
Minbos Resources (ASX:MNB) – tender update

Tuesday:

Sultan Resources (ASX:SLZ) – acquisition
Carnaby Resources (ASX:CNB) – amendment to scoping study announcement
Leigh Creek Energy (ASX:LCK) – capital raising
Cann Global (ASX:CGB) – institutional investment
Bardoc Gold (ASX:BDC) – pre-feasibility study
Arafura Resources (ASX:ARU) – reserve statement update
BidEnergy (ASX:BID) – legal matter

 

Markets

Gold: $US1,529.45 ($2,519.75) (-2.92%)

Silver: $US14.74 (-6.25%)

Oil (WTI): $US32.90 (+6.16%)

Oil (Brent): $US34.67 (+6.15%)

Coal: $US65.70 (+1.67%)

Iron 62pc Fe: $US90.13 (+0.73%)

AUD/USD: $US0.6140 (-1.02%)

Bitcoin: $US5,293.55 (-1.79%)

 

What got you talking last week

Last week on Twitter it was all about how rising gold prices have sent Perth Mint’s total gold past the $5bn mark.

Amid all the chaos last week it was the deadline for small cap explorers to submit half-yearly exploration and cash flow reports. Reuben Adams’ recapped the small cap explorers closest to generating cash flow and this was also popular with our readers.

We have a small and micro cap Facebook chat group. 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:

Last week’s winners

CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP
MAR MALACHITE RESOURCES LTD 100 0.002 2.78M
ARO ASTRO RESOURCES NL 50 0.003 6.36M
ZEN ZENITH ENERGY LTD/AU 37.41 0.95 142.66M
OLI OLIVER'S REAL FOOD LTD 36.92 0.09 22.32M
BBOZ BETASHARES AUS EQ STR BR HDG 35.69 14.75 265.50M
IDZ INDOOR SKYDIVING AUSTRALIA G 33.33 0.008 2.69M
DVL DORSAVI LTD 30.77 0.017 3.93M
SUP SUPERIOR LAKE RESOURCES LTD 28.57 0.009 9.74M
GME GME RESOURCES LTD 27.66 0.06 30.37M
IEC INTRA ENERGY CORP LTD 25 0.005 1.94M
ERL EMPIRE RESOURCES LTD 25 0.01 7.75M
AMT ALLEGRA ORTHOPAEDICS LTD 23.81 0.13 12.94M
BOC BOUGAINVILLE COPPER LTD 20.51 0.23 94.25M
COS COSOL LTD 19.3 0.34 43.35M
AUQ ALARA RESOURCES LTD 16.67 0.014 8.81M
NME NEX METALS EXPLORATION LTD 15.38 0.015 2.89M
TZL TZ LTD 14.29 0.08 7.34M

 

Last week’s losers

CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP
OML OOH!MEDIA LTD -34 1.59 384.18M
PGL PROSPA GROUP LTD -34 1.08 174.26M
ARQ ARQ GROUP LTD -34 0.09 10.50M
EEG EMPIRE ENERGY GROUP LTD -34 0.19 51.34M
MRL MAYUR RESOURCES LTD-CDI -34 0.25 44.25M
WZR WISR LTD -34 0.09 88.81M
NVA NOVA MINERALS LTD -35 0.03 32.81M
BLY BOART LONGYEAR LTD -35 0.6 52.65M
ABR AMERICAN PACIFIC BORATES LTD -35 0.26 62.60M
KPO KALINA POWER LTD -35 0.02 18.02M
REE RAREX LTD -35 0.02 6.24M
WLD WELLARD LTD -35 0.04 21.25M
BYE BYRON ENERGY LTD -36 0.18 145.96M
SE1 SENSERA LTD -43 0.008 2.90M
ICI ICANDY INTERACTIVE LTD -36 0.02 6.08M
GSW GETSWIFT LTD -36 0.3 56.56M
NVO NVOI LTD -36 0.01 10.48M
RED RED 5 LTD -36 0.21 261.47M
KGL KGL RESOURCES LTD -37 0.14 45.21M
CBE COBRE LTD -38 0.15 14.52M
HCT HOLISTA COLLTECH LTD -38 0.1 26.90M
IPB IPB PETROLEUM LTD -38 0.01 3.46M
LSR LODESTAR MINERALS LTD -38 0.005 4.26M
TMK TAMASKA OIL & GAS LTD -38 0.005 4.45M
MBK METAL BANK LTD -38 0.005 4.41M
XCD XCD ENERGY LTD -38 0.005 3.50M
GID GI DYNAMICS INC-CDI -38 0.005 9.13M
BRK BROOKSIDE ENERGY LTD -38 0.005 5.04M
MRQ MRG METALS LTD -38 0.005 5.29M
PPL PUREPROFILE LTD -38 0.005 600.30k
SMI SANTANA MINERALS LTD -50 0.002 6.71M
FAR FAR LTD -38 0.02 159.66M
MNW MINT PAYMENTS LTD -43 0.008 7.28M
SZL SEZZLE INC-CDI -39 0.95 188.96M
ATU ATRUM COAL LTD -40 0.16 76.51M
MEI METEORIC RESOURCES NL -40 0.008 10.10M
KAU KAISER REEF LTD -40 0.19 6.19M
COG CONSOLIDATED OPERATIONS GROU -40 0.05 78.59M
OPY OPENPAY GROUP LTD -41 0.58 54.40M
ACU ACUMENTIS GROUP LTD -41 0.08 12.45M
MAG MAGMATIC RESOURCES LTD -41 0.16 27.55M
ALG ARDENT LEISURE GROUP LTD -42 0.39 187.09M
EHL EMECO HOLDINGS LTD -42 0.93 342.75M
OEL OTTO ENERGY LTD -43 0.012 29.53M
TPO TIAN POH RESOURCES LTD -44 0.05 19.33M
RAP RESAPP HEALTH LTD -46 0.09 66.07M
POD PODIUM MINERALS LTD -48 0.02 2.76M
KAR KAROON ENERGY LTD -50 0.4 218.43M
SIH SIHAYO GOLD LTD -50 0.01 16.78M
ESH ESPORTS MOGUL LTD -50 0.003 6.11M
IP1 INTEGRATED PAYMENT TECHNOLOG -50 0.003 926.52k
IQ3 IQ3CORP LTD -50 0.1 10.39M
VRC VOLT RESOURCES LTD -50 0.005 8.69M
TPD TALON PETROLEUM LTD -50 0.001 1.78M
CZL CONSOLIDATED ZINC LTD -57 0.003 5.18M
ABL ABILENE OIL AND GAS LTD -67 0.001 397.61k