On Stockhead today, the strongest case for uranium is now, the retail stocks that can survive Amazon, and why it’s not all about ‘growth versus value’.

But first…

To markets

Small caps will be looking to turn around their fortunes today after losing ground six times out of the past seven sessions.

The Small Ordinaries index finished yesterday down 32.2 points, or 1.0 per cent, wiping out most of Friday’s 37.2-point gain.

With just two more days left in the month, the Small Ords is on pace to finish March up 35.4 points, or 1.1 per cent.

The index of Australia’s 100th to 300th biggest companies is up 2.26 per cent for the quarter (and the year, of course).

Miners were the biggest gainers yesterday, collectively climbing 1.3 per cent, while tech was the biggest loser, falling 2.8 per cent.

Global markets have been on the lookout for any signs of systemic deleveraging, after some monster block trades rattled US investors on Friday night.

Greater Brisbane went into a three-day snap lockdown yesterday evening after recording 10 new coronavirus cases cases, including four of community transmission.

Trading Halts

Tuesday  

Invictus Energy (ASX:IVZ) – production agreement
Sovereign Metals (ASX:SVM) – capital raising
Cann Global (ASX:CGB) – regulatory milestone
AVZ Minerals (ASX:AVZ) – offtake agreement
Kazia Therapeutics (ASX:KZA) – licensing transaction
Kyckr (ASX:KYK) – announcement clarification

Wednesday

XTEK (ASX:XTE) – distribution agreement
Digital Wine Ventures (ASX:DW8) – partnership
Houston We Have (ASX:HWH) – acquisition
Spirit Technology (ASX:ST1) – acquisition & capital raising
1ST Group (ASX:1ST) – changes to executive team
Opyl (ASX:OPL) – capital raising
Suvo Strategic Minerals (ASX:SUV) – project update
Strandline Resources (ASX:STA) – capital raising
Openpay (ASX:OPY) – partnership and funding package

Markets

Gold: $US1711.26 ($A2,241.92) (-1.21%)

Silver: $US24.67 ($A32.32) (-1.51%)

Crude: $US61.63 (+1.08%)

Brent crude: $US65.09 (+0.81%)

Iron ore 62% fe: $US166.97 (+0.05%)

Coal: $US92.00 (+0.55%)

AUD/USD: 76.34 (-0.11%)

Bitcoin: $57,453.10 (+4.50%)

 

Yesterday’s winners

Code Company Price % Volume
G88 Golden Mile Res Ltd 0.12 131 93681488
ANL Amani Gold Ltd 0.002 100 35180518
CLZ Classic Min Ltd 0.002 100 17847619
MOC Mortgage Choice Ltd 1.91 63 6956152
AWJ Auric Mining 0.28 47 13733530
TSC Twenty Seven Co. Ltd 0.007 40 20904396
ENX Enegex Limited 0.095 34 15444598
MRD Mount Ridley Mines 0.004 33 6969441
NMR Native Mineral Res 0.35 30 1206924
ZIM Zimplats Holding Ltd 28.03 26 26520
KFE Kogi Iron Ltd 0.02 25 6268195
MLS Metals Australia 0.0025 25 6429000
NPM Newpeak Metals 0.0025 25 2596666
UUV UUV Aquabotix Ltd 0.0025 25 4266001
ANX Anax Metals Ltd 0.079 22 10373509
SAN Sagalio Energy Ltd 0.04 21 636537
JAY Jayride Group 0.2 21 85265
AOA Ausmon Resorces 0.012 20 12772156
WTL Wt Financial Grp Ltd 0.067 20 19851
BRU Buru Energy 0.185 19 4274063
OEL Otto Energy Limited 0.01 18 10498345
ASO Aston Minerals Ltd 0.135 17 19756291

Finishing on top was gold play Golden Mile Resources (ASX:G88) with exploration results from its Benalla project in WA.

Also rising off the back of exploration results were Native Mineral Resources Holdings (ASX:NMR) and Auric Mining (ASX:AWJ).

Mortgage broker Mortgage Choice (ASX:MOC) got a takeover bid from property website operator REA Group (ASX:REA).

Andrew Forrest-backed oil play Buru Energy (ASX:BRU) won another bid block in the onshore Carnarvon Basin.

Yesterday’s losers

Code Company Price % Volume
BAS Bass Oil Ltd 0.002 -33 4034635
DTR Dateline Resources 0.003 -25 375000
ECT Env Clean Tech Ltd. 0.0015 -25 42790783
AQX Alice Queen Ltd 0.019 -24 23824696
TEM Tempest Minerals 0.03 -21 5873397
BSM Bass Metals Ltd 0.009 -18 42250990
RBR RBR Group Ltd 0.009 -18 26322389
PNX PNX Metals Limited 0.007 -18 10225006
FPL Fremont Petroleum 0.003 -14 4429762
MSR Manas Res Ltd 0.006 -14 400000
RNU Renascor Res Ltd 0.13 -13 27219478
ARL Ardea Resources Ltd 0.46 -13 785704
FGO Fargo Enterprises 0.007 -13 4868722
NTL New Talisman Gold 0.0035 -13 10341
TPS Threat Protect Ltd 0.035 -13 27012
TON Triton Min Ltd 0.043 -12 3457735
WSR Westar Resources 0.18 -12 48522
RCR Rincon 0.22 -12 624223
PWN Parkway Minls NL 0.015 -12 7203457
ACU Acumentis Group Ltd 0.115 -12 40000

Gold and copper play Alice Queen (ASX:AQX), which has a a joint venture with St Barbara (ASX:SBM), fell after St Barbara gave notification that it was withdrawing from the joint venture.

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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.