Rise and Shine: What you need to know before the ASX opens
News
News
On Stockhead today, Lynas shutdown highlights need to diversify rare earths supply chain, how a feeble Aussie dollar benefits our local gold producers and COVID oil crash may put pressure on the ASX’s US frackers.
But first…
Today in economic data look out for the Commonwealth Bank’s Performance Manufacturing Index on Tuesday and ANZ-Roy Morgan’s weekly consumer confidence index.
The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours:
Tuesday:
Jayride Group (ASX:JAY) – COVID-19 impact update
Neuren Pharmaceuticals (ASX:NEU) – clinical trial update
Cellmid (ASX:CDY) – new contract
IVE Group (ASX:IGL) – COVID-19 impact update
oOh!media (ASX:OML) – capital raising
Adveritas (ASX:AV1) – capital raising
Doriemus (ASX:DOR) – capital raising
Wednesday
Recape Hotel Group (ASX:RDC) – update on COVID-19 restrictions
Infinity Lithium (ASX:INF) – European funding arrangement
Retail Food Group (ASX:RFG) – COVID-19 update
Bass Metals (ASX:BSM) – Madagascar closure update
Secos Group (ASX:SES) – capital raising
Graphex Mining (ASX:GPX) – project financing
Bellevue Gold (ASX:BGL) – capital raising
Seafarms Group (ASX:SFG) – capital raising
Tambla (ASX:TBL) – restructure
Viva Leisure (ASX:VVA) – COVID-19 update
Simble Solutions (ASX:SIS) – capital raising
Imagion Biosystems (ASX:IBX) – capital raising
Gold: $US1,552.11 ($2,679.81) (+3.66%)
Silver: $US13.20 (+4.70%)
Oil (WTI): $US23.49 (+3.71%)
Oil (Brent): $US27.23 (+0.93%)
Coal: $US64.50 (-3.49%)
Iron 62pc Fe: $US89.57 (-0.44%)
AUD/USD: $US0.5793 (+0.14%)
Bitcoin: $US6,356.21 (+8.43%)
On Twitter it was all about gold. ASX small cap explorers are persevering with exploration and while prices have taken a fall in recent days, a rebound is predicted.
Gold prices might be heading for a rally soon #asx #ausbiz #gold #mining #goldprice $VAN $ALK https://t.co/xxfluvTCSy
— Stockhead (@StockheadAU) March 23, 2020
It was similarly about gold in our Facebook small and micro cap chat group – specifically Krakatoa Resources (ASX:KTA). If you’re not a member we’d love to have you join – which you can here.
These were the most tipped stocks (weekly) on Stocks in Play:
Code | Company | Price | % Change | Market Cap | Volume |
---|---|---|---|---|---|
TMZ | Thomson Resources Ltd | 0.01 | 233.33% | $1.2M | 90.00K |
CHN | Chalice Gold Mines | 0.38 | 137.50% | $104.2M | 15.39M |
KAS | Kasbah Resources | 0.02 | 122.22% | $2.7M | 50.00K |
QFY | Quantify Tech | 0.002 | 100.00% | $3.9M | 9.65M |
KNM | Kneomedia | 0.016 | 60.00% | $12.2M | 4.88M |
MMM | Marley Spoon | 0.635 | 51.19% | $88.8M | 5.71M |
SHE | Stonehorse Energy | 0.006 | 50.00% | $2.4M | 73.20K |
GMR | Golden Rim | 0.005 | 25.00% | $5.8M | 4.98M |
RGS | Regeneus Ltd | 0.08 | 23.08% | $22.2M | 785.49K |
MPW | MSL Solutions | 0.033 | 22.22% | $10.6M | 679.70K |
YRL | Yandal Resources | 0.145 | 20.83% | $9.7M | 73.68K |
RCL | ReadCloud | 0.32 | 20.75% | $31.3M | 574.63K |
BIQ | BuildingIQ Inc | 0.007 | 16.67% | $2.6M | 691.58K |
TPS | Threat Protect Australia | 0.07 | 16.67% | $16.9M | 77.82K |
ASQ | Australian Silica Quartz | 0.035 | 16.67% | $7.5M | 26.80K |
BUG | Buderim Ginger Ltd | 0.14 | 16.67% | $12.1M | 60.00K |
DTS | Dragontail Systems | 0.094 | 14.63% | $23.4M | 981.65K |
GED | Golden Deeps Ltd | 0.008 | 14.29% | $2.2M | 9.00K |
GUL | Gullewa Ltd | 0.04 | 14.29% | $6.2M | 126.28K |
OKU | Oklo Resources Ltd | 0.165 | 13.79% | $77.9M | 2.52M |
Code | Company | Price | % Change | Market Cap | Volume |
---|---|---|---|---|---|
CDH | Chongherr Investments Ltd | 0.002 | -80.00% | $1.3M | 78.00K |
ABL | Abilene Oil and Gas Ltd | 0.001 | -66.67% | $398K | 2.85K |
MGT | Magnetite Mines | 0.002 | -50.00% | $965K | 4.46M |
MOQ | MOQ | 0.06 | -60.00% | $10.7M | 50.18K |
IGL | Ive Group Ltd | 0.27 | -52.63% | $40.0M | 3.31M |
STM | Sunstone Metals | 0.003 | -50.00% | $4.2M | 2.24M |
DAF | Discovery Africa Ltd | 0.006 | -50.00% | $1.1M | 133.00K |
BET | Betmakers Technology | 0.081 | -46.00% | $38.4M | 11.35M |
OPL | Opyl | 0.04 | -41.18% | $1.2M | 58.18K |
HRR | Heron Resources | 0.027 | -40.00% | $11.6M | 305.00K |
TOE | Toro Energy | 0.003 | -40.00% | $7.8M | 4.53M |
CSE | Copper Strike Ltd | 0.021 | -40.00% | $2.2M | 2.57K |
CCZ | Castillo Copper Ltd | 0.006 | -40.00% | $5.0M | 4.61M |
MSE | Metalsearch | 0.003 | -40.00% | $3.3M | 14.69M |
DCL | Domacom Australia | 0.018 | -40.00% | $4.4M | 363.41K |
HWK | Hawkstone Mining | 0.003 | -40.00% | $3.1M | 14.92M |
CCX | City Chic Collective | 0.8 | -38.22% | $160.4M | 2.53M |
CXZ | Connexion Media Ltd | 0.01 | -37.50% | $8.6M | 3.72M |
ZMI | Zinc of Ireland | 0.025 | -37.50% | $3.1M | 131.00K |
HLA | Healthia | 0.5 | -36.71% | $31.5M | 111.24K |
CCP | Credit Corp Group | 6.25 | -36.42% | $343.2M | 2.16M |