Rise and Shine: What you need to know before the ASX opens
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But first… the day ahead.
The following companies are in trading halts and are expected to exit over the next two trading days:
Eclipse Metals (ASX:EPM) – announcement of new exploration tenure in Greenland
Prairie Mining (ASXS:PDZ) – responding to a price query
Sayona Mining (ASX:SYA) – announcements regarding funding, two company projects and to respond to an ASX price query
Gold: $US1,914.82 ($2,467.03 ) (-0.21%)
Silver: $US27.17 (-0.49%)
Oil (WTI): $US50.93 (+0.61%)
Oil (Brent): $US54.50 (+0.37%)
Coal: $US80.50 (+4.55%)
Iron 62pc Fe: $US165.50
AUD/USD: $US0.7760 (-0.54%)
Bitcoin: $US38,616.31 (+8.32%)
All things crypto whetted the appetites of Stockhead readers as Bitcoin made more mouth-watering gains, and was up to $47,820 in Australian dollars at the time of writing.
Another hot topic for readers’ comments on the Stockhead Facebook page was the opportunities for ASX coal miners with North American projects.
Five ASX coal companies have coking coal projects on the go in western Canada which has been gaining market share in the lucrative China market.
Our story details the dynamics of the Asian seaborne market and the headwinds affecting Australian coal producers.
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.
Among stocks with intra-day announcements, drilling services company Boart Longyear (ASX:BLY) jumped the most after announcing it had engaged banking firm Rothschild & Co as an advisor, to “support the evaluation of potential options in anticipation of the maturation of the company’s debt facilities through the second half of 2022”.