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…

 

The day ahead

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

 

Markets

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%)

What got you talking yesterday

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.

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:

Yesterday’s winners

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

 

Yesterday’s losers

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