People watch as a crane lifts the newly-finished gold-covered cupola and cross onto the dome of the rebuilt Berlin City Palace on May 29, 2020 in Berlin, Germany (Picture: Getty)
Rise and Shine: What you need to know before the ASX opens
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On Stockhead today: Big deals and even bigger hits as the Paterson Province enters primetime, US Fed comments could put a ‘floor’ under stock prices, and here’s 3 gold and silver stocks worth a closer look.
But first…
The day ahead
The following companies are in trading halts and are expected to exit in the next two trading days.
Friday:
Hazer Group (ASX:HZR) – capital raising
Mach7 Technologies (ASX:M7T) – capital raising
Flamingo AI (ASX:FGO) – sale of assets
Monday:
PharmAust (ASX:PAA) – results of COVID-19 experiments
Proteomics International Laboratories (ASX:PIQ) – study results
Norwood Systems (ASX:NOR) – capital raising
Metals Australia (ASX:MLS) – maiden JORC resource
Vango Mining (ASX:VAN) – capital raising
Medlab Clinical (ASX:MDC) – capital raising
Alliance Aviation Services (ASX:AQZ) – capital raising
African Gold (ASX:A1G) – capital raising
Cirralto (ASX:CRO) – capital raising
Harvest Technology Group (ASX:HTG) – capital raising
Weebit Nano (ASX:WBT) – capital raising
Markets
Gold: $US1,724.55 ($2,515.85) (-0.59%)
Silver: $US17.64 (-1.89%)
Oil (WTI): $US36.16 (-8.71%)
Oil (Brent): $US41.22 (-8.22%)
Coal: $US53.40 (-1.57%)
Iron 62pc Fe: $US102.89 (-0.09%)
AUD/USD: $US0.6854 (-2.06%)
Bitcoin: $US9,341.29 (-5.51%)
What got you talking yesterday
Many junior explorers have pivoted to gold in recent months due to strong prices.
But yesterday we saw one stock pivot away from gold and towards another commodity with prices at levels unprecedented in recent years — uranium.
The rally in the uranium space has led Marmota Energy to start a strategic review of its existing Junction Dam resource #mining #uranium $MEU $BOE $AGE https://t.co/pk7nbUDeY8
— Stockhead (@StockheadAU) June 11, 2020
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Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners and losers at the opening bell.
Yesterday’s winners:
Stocks in yellow made potentially market-moving announcements yesterday
| Code | Company | Price | % Change | Volume |
|---|---|---|---|---|
| ICU | iSentric Ltd | 0.03 | 115.38% | 4.4M |
| ECT | Environmental Clean Technologi | 0.002 | 100.00% | 2.4M |
| GGX | Gas2Grid Ltd | 0.002 | 100.00% | 412.0k |
| BFC | Beston Global Food Co Ltd | 0.1 | 81.82% | 17.3M |
| GUL | Gullewa Ltd | 0.11 | 69.23% | 977.9k |
| MRQ | MRG Metals Ltd | 0.009 | 63.64% | 89.3M |
| ICG | Inca Minerals Ltd | 0.0015 | 50.00% | 2.4M |
| OEX | Oilex Ltd | 0.003 | 50.00% | 1.7M |
| ROG | Red Sky Energy Ltd | 0.0015 | 50.00% | 24.9M |
| LSR | Lodestar Minerals Ltd | 0.007 | 40.00% | 15.4M |
| AL8 | Alderan Resources Ltd | 0.17 | 36.00% | 5.5M |
| GTE | Great Western Exploration Ltd | 0.09 | 34.85% | 565.6k |
| DDD | 3D Resources Ltd | 0.004 | 33.33% | 5.8M |
| RMI | Resource Mining Corp Ltd | 0.008 | 33.33% | 300.0k |
| NXE | New Energy Minerals Ltd | 0.009 | 28.57% | 1.4M |
| UUL | Ultima United Ltd | 0.02 | 28.57% | 6.8k |
| ESE | eSense-Lab Ltd | 0.02 | 25.00% | 2.5M |
| MGT | Magnetite Mines Ltd | 0.0025 | 25.00% | 17.6M |
| PWN | Parkway Minerals NL | 0.01 | 25.00% | 77.9M |
| VMS | Venture Minerals Ltd | 0.02 | 25.00% | 36.8M |
| ALY | Alchemy Resources Ltd | 0.02 | 23.08% | 4.0M |
| CYM | Cyprium Metals Ltd | 0.16 | 23.08% | 407.5k |
| AKG | Academies Australasia Group Lt | 0.26 | 20.93% | 163.5k |
| HRL | HRL Holdings Ltd | 0.1 | 20.69% | 5.4M |
| NAE | New Age Exploration Ltd | 0.01 | 20.00% | 80.5M |
| TPS | Threat Protect Australia Ltd | 0.05 | 18.42% | 70.0k |
Yesterday’s losers
Stocks in yellow made potentially market-moving announcements yesterday
| Code | Company | Price | % Change | Volume |
|---|---|---|---|---|
| XPE | Xped Ltd | 0.001 | -33.33% | 30.6M |
| SMI | Santana Minerals Ltd | 0.002 | -33.33% | 47.4M |
| LCY | Legacy Iron Ore Ltd | 0.002 | -33.33% | 255.0k |
| PLL | Piedmont Lithium Ltd | 0.09 | -26.92% | 6.9M |
| TIA | Tian An Australia Ltd | 0.22 | -25.00% | 1.7k |
| AIS | Aeris Resources Ltd | 0.04 | -25.00% | 15.0M |
| UUV | UUV Aquabotix Ltd | 0.0015 | -25.00% | 1.8M |
| SBR | Sabre Resources Ltd | 0.003 | -25.00% | 26.0M |
| RNX | Renegade Exploration Ltd | 0.003 | -25.00% | 625.0k |
| DTR | Dateline Resources Ltd | 0.0015 | -25.00% | 2.8M |
| CZL | Consolidated Zinc Ltd | 0.003 | -25.00% | 3.1M |
| DAF | Discovery Africa Ltd | 0.02 | -24.00% | 10.0k |
| GBP | Global Petroleum Ltd | 0.01 | -23.08% | 6.2M |
| DTM | Dart Mining NL | 0.06 | -23.08% | 54.4k |
| SHE | Stonehorse Energy Ltd | 0.007 | -22.22% | 1.7M |
| BUY | Bounty Oil & Gas NL | 0.011 | -21.43% | 8.0M |
| 8CO | 8common Ltd | 0.07 | -20.00% | 74.1k |
| CL8 | Collaborate Corp Ltd | 0.008 | -20.00% | 1.2M |
| AZI | Alta Zinc Ltd | 0.004 | -20.00% | 12.2M |
| GLV | Global Oil & Gas Ltd | 0.009 | -18.18% | 1.6M |
| BLG | BluGlass Ltd | 0.04 | -18.18% | 3.5M |
| NUH | Nuheara Ltd | 0.01 | -17.65% | 23.5M |
| OPY | Openpay Group Ltd | 2.39 | -17.30% | 8.6M |
| ALG | Ardent Leisure Group Ltd | 0.54 | -16.92% | 21.6M |
