On Stockhead today, a special small cap stock(ing stuffer) for gold bugs, the ‘wave of capital’ about to flow into renewable energy, and the explorer that’s gained 580% this week.

But first…

 

The day ahead

All eyes will be on the Mid-Year Economic and Fiscal Outlook which Treasurer Josh Frydenberg is expected to deliver later this week.

October budget estimates were for a fiscal deficit of $214bn for the federal government in the 2020-2021 financial year. These are likely to be updated in the light of recent stronger growth for the Australian economy.

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

Thursday:

Retail Food Group (ASX:RFG) – ACCC accusations response
Pacific Nickel Mines (ASX:PNM) – legal proceedings response
Real Energy Corporation (ASX:RLE) – court hearing
Okapi Resources (ASX:OKR) – capital raising
GWR Group (ASX:GWR) – offtake agreement
Lithium Power (ASX:LPI) – capital raising
Hillgrove Resources (ASX:HGO) – capital raising
Evolve Education Group (ASX:EVO) – share consolidation
AuMake (ASX:AUK) – capital raising
Cycliq (ASX:CYQ) – capital raising & acquisition
Talga Group (ASX:TLG) – capital raising
Superior Resources (ASX:SPQ) – capital raising
Knosys (ASX:KNO) – capital raising
Comms Group (ASX:CCG) – capital raising
Pushpay (ASX:PPH) – bookbuild process

Friday: 

THC Global (ASC:THC) – capital raising
Catalyst Metals (ASX:CYL) – capital raising & project acquisition
Mesoblast (ASX:MSB) – corporate update
Energy Technology (ASX:EGY) – capital raising
Tigers Realm Coal (ASX:TIG) – capital raising
WPP (ASX:WPP) – acquisition proposal update

 

Markets

Gold: $US1,861.78 ($2,451.08) (+0.44%)

Silver: $US25.18 ($32.42) (+2.84%)

Oil (WTI): $US47.76 (+0.31%)

Oil (Brent): $US51.02 (+0.51%)

Coal: $US83.50 (0.00%)

Iron 62pc Fe: $US150.75 (+0.29%)

AUD/USD: $US0.7565 (+0.08%)

Bitcoin: $US20,797.84 (+6.58%)

 

What got you talking yesterday

Yesterday’s most popular article was on the prospects for ASX cannabis stocks in an increasingly liberal market environment for the sector.

Mark Bernberg – cannabis investor and CEO of news and research site The Green Fund gave his insights to Stockhead on where cannabis stocks can go from here on.

 

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 day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

 

Yesterday’s winners

Stocks highlighted in yellow made market moving announcements
Code Name Price % Change Market Cap
CLZ Classic Min Ltd 0.0015 50 $ 15,268,268.31
LCY Legacy Iron Ore 0.058 45 $ 249,889,540.68
HAW Hawthorn Resources 0.15 36 $ 36,686,717.43
KFE Kogi Iron Ltd 0.043 30 $ 27,869,678.96
IKW Ikwezi Mining Ltd 0.005 25 $ 16,260,000.00
XTC Xantippe Res Ltd 0.0025 25 $ 8,149,128.80
VMS Venture Minerals 0.062 24 $ 51,297,208.50
AKO Akora Resources 0.475 22 $ 19,322,604.21
CAU Cronos Australia 0.155 19 $ 6,321,250.00
TMR Tempus Resources Ltd 0.255 19 $ 17,095,196.53
VMY Vimy Resources Ltd 0.062 17 $ 41,269,354.66
ADO Anteotech Ltd 0.105 17 $ 159,887,421.81
AKM Aspire Mining Ltd 0.14 17 $ 60,916,438.20
LEX Lefroy Exploration 0.21 17 $ 21,474,239.94
AAJ Aruma Resources Ltd 0.007 17 $ 9,536,483.42
EM1 Emerge Gaming Ltd 0.078 16 $ 53,975,935.46
HAS Hastings Tech Met 0.18 16 $ 186,668,374.42
RSH Respiri Limited 0.145 16 $ 89,917,598.75
GME GME Resources Ltd 0.058 16 $ 27,843,346.50
GGE Grand Gulf Energy 0.011 16 $ 3,645,620.04
OPY Openpay Group 2.5 16 $ 176,039,172.72

 

Yesterday’s losers

Code Name Price % Change Volume Market Cap
SRN Surefire Rescs NL 0.033 -27 56,792,351 $ 32,862,538.80
GNM Great Northern 0.013 -24 7,195,133 $ 15,434,633.27
RFG Retail Food Group 0.07 -23 22,440,881 $ 192,928,663.02
FMS Flinders Mines Ltd 0.95 -20 105,208 $ 200,085,563.75
CG1 Carbonxt Group 0.14 -18 269,386 $ 23,705,641.50
SCI Silver City Minerals 0.019 -17 3,098,264 $ 11,177,085.82
NPM Newpeak Metals 0.0025 -17 470,000 $ 14,004,487.53
NTL New Talisman Gold 0.005 -17 300,000 $ 16,753,352.18
EM1 Emerge Gaming Ltd 0.073 -15 19,895,227 $ 69,282,544.02
STK Strickland Metals 0.047 -15 3,477,792 $ 23,163,333.66
CRN Coronado Global Res 0.98 -14 3,318,210 $ 1,584,541,340.50
AAJ Aruma Resources Ltd 0.006 -14 300,000 $ 11,125,897.33
CPH Creso Pharma Ltd 0.215 -14 26,427,996 $ 172,104,604.25
PIN Pinchme.Com 0.05 -14 36,285 $ 8,201,594.11
CNB Carnaby Resource Ltd 0.31 -13 1,065,204 $ 41,792,516.29
JAT Jatcorp Limited 0.028 -13 13,350,605 $ 32,928,165.98
PUA Peak Minerals Ltd 0.028 -13 2,336,360 $ 17,526,412.67
TYX Tyranna Res Ltd 0.007 -13 1,553,894 $ 10,258,885.34
TRT Todd River Res Ltd 0.049 -13 4,587,060 $ 27,069,768.66