On Stockhead today, analysts predict copper prices will ride high for rest of 2020, ~300,000 cash-strapped Aussies kicked off FY21 by re-raiding their super nest eggs, and these are the ‘watershed’ reforms ASX cannabis investors should look out for.

But first…

 

The day ahead

Today’s economic data is led by Westpac’s Consumer Confidence Index for the month of July. More eagerly anticipated will be tomorrow’s unemployment rate.

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

Wednesday:

Caravel Minerals (ASX:CVV) – capital raising
Saracen Mineral Holdings (ASX:SAR) – operational update
Alto Metals (ASX:AME) – capital raising
Ardiden (ASX:ADV) – capital raising
Lindian Resources (ASX:LIN) – maiden resource
Black Cat Syndicate (ASX:BC8) – capital raising
Aldoro Resources (ASX:ARN) – capital raising

Thursday:
Leaf Resources (ASX:LER) – acquisition
AnteoTech (ASX:ADO) – Life Sciences development
GI Dynamics (ASX:GID) – convertible note conversion
PNX Metals (ASX:PNX) – joint venture agreement
Sabre Resources (ASX:SBR) – capital raising
Scout Security (ASX:SCT) – capital raising

 

Markets

Gold: $US1,809.05 ($2,596.95) (+0.42%)

Silver: $US19.20 (+0.50%)

Oil (WTI): $US40.43 (+0.82%)

Oil (Brent): $US42.99 (+0.63%)

Coal: $US54.30 (+0.59%)

Iron 62pc Fe: $US106.93 (+1.27%)

AUD/USD: $US0.6975 (+0.50%)

Bitcoin: $US9,270.27 (+0.26%)

 

What got you talking yesterday

Yesterday on Twitter, it was our latest edition of RockTalk. In this edition, our panel discussed the West African gold rush.

While the region is often written off as an exploration destination due to security concerns in some countries, gold prices have done wonders for several stocks including West African Resources (ASX:WAF) and Predictive Discovery (ASX:PDI)

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

 

Yesterday’s winners

Stocks which made market moving announcements yesterday highlighted in yellow
CODE COMPANY PRICE CHANGE VOLUME
3DP Pointerra 0.09 72.22% 55.4M
NZS New Zealand Coastal Seafoods 0.014 55.56% 45.8M
AUH AustChina Holdings 0.003 50.00% 1.2M
CLZ Classic Minerals 0.003 50.00% 160.4M
QFY Quantify Technology Holdings 0.0015 50.00% 44.4M
UUV UUV Aquabotix 0.0015 50.00% 1.5M
VIP VIP Gloves 0.09 33.82% 27.8M
APG Austpac Resources 0.002 33.33% 1.0M
UUL Ultima United 0.07 32.73% 358.3k
BXN Bioxyne 0.013 30.00% 637.9k
DRE Dreadnought Resources 0.013 30.00% 128.8M
BRK Brookside Energy 0.005 25.00% 2.6M
GGE Grand Gulf Energy 0.005 25.00% 483.3k
MBK Metal Bank 0.01 25.00% 250.0k
IEC Intra Energy 0.011 22.22% 409.9k
CLA Celsius Resources 0.02 21.05% 17.3M
PXS Pharmaxis 0.09 20.51% 18.4M
VAL Valor Resources 0.003 20.00% 1.0M
MRR MinRex Resources 0.02 20.00% 1.8M
DW8 Digital Wine Ventures 0.03 18.18% 120.4M
MSE Metalsearch 0.013 18.18% 18.0M
NVU Nanoveu 0.07 17.74% 3.5M
TRL Tanga Resources 0.03 17.39% 371.0k
PWN Parkway Minerals 0.01 16.67% 8.9M
CYG Coventry Group 0.68 16.38% 79.3k

 

Yesterday’s losers

CODE COMPANY PRICE CHANGE VOLUME
PPL Pureprofile 0.02 -46.15% 17.2M
MNW Mint Payments 0.012 -40.00% 57.9M
ROG Red Sky Energy 0.001 -33.33% 1.0M
MGT Magnetite Mines 0.002 -33.33% 1.8M
CFE Cape Lambert Resources 0.002 -33.33% 18.4M
CCE Carnegie Clean Energy 0.001 -33.33% 2.6M
ICN Icon Energy 0.007 -30.00% 150.0k
ENT Enterprise Metals 0.02 -29.17% 9.1M
VAR Variscan Mines 0.02 -25.81% 1.8M
VPR Volt Power Group 0.0015 -25.00% 1.6M
KEY Key Petroleum 0.003 -25.00% 2.4M
CZL Consolidated Zinc 0.003 -25.00% 14.1M
AYM Australia United Mining 0.003 -25.00% 200.0k
CR1 Constellation Resources 0.33 -25.00% 1.9M
GLV Global Oil & Gas 0.011 -21.43% 3.6M
GNM Great Northern Minerals 0.02 -20.83% 14.8M
MKG Mako Gold 0.12 -20.69% 2.7M
CV1 CV Check 0.09 -20.00% 641.4k
WCN White Cliff Minerals 0.012 -20.00% 19.5M
MTB Mount Burgess Mining 0.002 -20.00% 10.3M
CAV Carnavale Resources 0.004 -20.00% 16.6M
AOA Ausmon Resources 0.004 -20.00% 2.2M
ACB A-Cap Energy 0.008 -20.00% 30.0k
AAJ Aruma Resources 0.004 -20.00% 5.6M
STM Sunstone Metals 0.009 -18.18% 32.3M