On Stockhead today, ASX games developers thinking globally, Rick Rule says the gold bull run is just starting, and a niche opportunity in offshore oil.
But first … the day ahead
Who’s Listing?
Scheduled to list today are Cannon Resources (ASX:CNR) and Tambourah Metals (ASX:TMB), at 12pm and 1:30pm, respectively.
Cannon, spun out of gold-focused Rox Resources (ASX:RXL), is focused on WA nickel exploration.
Tambourah Metals will list with four main WA projects: two gold (Tambourah and Cheela), and two nickel-PGE-gold (Achilles and Julimar North). You can read more here:
TRADING HALTS
The following companies are in trading halts and are expected out in the next two trading days:
Today
PARKD (ASX:PKD) – material contract
WAM Leaders (ASX:WLE) – capital raising
Vital Metals (ASX:VML) – acquisition
Friday
Magnum Mining and Exploration (ASX:MGU) – offtake agreement
Duketon Mining (ASX:DKM) – exploration results
MARKETS
Gold: $US1,752.85 ($2,377.04) (+1.40%)
Silver: $US23.58 ($31.98) (+1.11%)
Oil (WTI): $US69.28 (+1.45%)
Oil (Brent): $US71.47 (+1.19%)
Coal: $US168.50 (-0.90%)
Iron 62pc Fe: $US169.06 (+0.28%)
AUD/USD: $US0.7370 (+0.32%)
Bitcoin: $US46,018.60 (+0.91%)
WHAT GOT YOU TALKING YESTERDAY?
Stockhead’s crypto expert Derek Rose casually lobs a grenade.
To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.
For all you crypto lovers Stockhead’s Cryptohead Facebook group is the place to share your views, insights, tips and ideas.
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
Scroll or swipe to reveal table. Click headings to sort.
Stocks highlighted in yellow rose after making announcements during intraday trade.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| RNO | Rhinomed Ltd | 0.395 | 97.5% | 9,939,382 |
| ANL | Amani Gold Ltd | 0.0015 | 50.0% | 14,026,796 |
| CLZ | Classic Min Ltd | 0.0015 | 50.0% | 66,161,360 |
| ESS | Essential Metals Ltd | 0.22 | 37.5% | 12,823,730 |
| ENV | Enova Mining Limited | 0.03 | 36.4% | 547,078 |
| GLA | Gladiator Resources | 0.02 | 33.3% | 49,903,406 |
| CHR | Charger Metals | 0.575 | 32.2% | 6,092,769 |
| MTM | Mtmongerresources | 0.2225 | 30.9% | 3,602,048 |
| IKW | Ikwezi Mining Ltd | 0.52 | 30.0% | 46,032 |
| GMR | Golden Rim Resources | 0.009 | 28.6% | 9,200,706 |
| ARO | Astro Resources NL | 0.005 | 25.0% | 2,855,718 |
| BAS | Bass Oil Ltd | 0.0025 | 25.0% | 1,462,094 |
| LNY | Laneway Res Ltd | 0.005 | 25.0% | 1,337,800 |
| XST | Xstate Resources | 0.005 | 25.0% | 6,598,673 |
| EUR | European Lithium Ltd | 0.079 | 21.5% | 47,207,983 |
| AAJ | Aruma Resources Ltd | 0.079 | 19.7% | 1,899,200 |
| EMH | European Metals Hldg | 1.97 | 17.3% | 1,227,733 |
| BXN | Bioxyne Ltd | 0.035 | 16.7% | 288,496 |
| AXE | Archer Materials | 1.88 | 16.4% | 6,962,568 |
| PNM | Pacific Nickel Mines | 0.058 | 16.0% | 136,171 |
| STM | Sunstone Metals Ltd | 0.023 | 15.0% | 6,880,499 |
Medical company Rhinomed (ASX:RNO) led the pack in early trade and continued climbing, to almost double up following the announcement of a seven-figure government contract.
The stock rocketed after selling a batch of its Rhinoswab collection units to the NSW government as part of its COVID-19 response. Eddy Sunarto has more here.
Elsewhere, European Lithium (ASX:EUR) became the latest lithium play to rally higher, as investors responded to a company presentation where the company detailed its production plans for the Wolfsberg lithium project in Austria.
YESTERDAY’S LOSERS
Scroll or swipe to reveal table. Click headings to sort.
Stocks highlighted in yellow rose after making announcements during intraday trade.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.002 | -33.3% | 12,519,358 |
| MLS | Metals Australia | 0.0015 | -25.0% | 2,556,041 |
| NPM | Newpeak Metals | 0.0015 | -25.0% | 460,641 |
| PCL | Pancontinental Oil | 0.0015 | -25.0% | 500,000 |
| TSC | Twenty Seven Co. Ltd | 0.003 | -25.0% | 2,605,841 |
| CLE | Cyclone Metals | 0.004 | -20.0% | 44,619,766 |
| EN1 | Engage:Bdr Limited | 0.004 | -20.0% | 1,722,109 |
| GGX | Gas2Grid Limited | 0.002 | -20.0% | 200,000 |
| CNJ | Conico Ltd | 0.056 | -18.8% | 29,863,548 |
| GBE | Globe Metals &Mining | 0.1 | -16.7% | 105,001 |
| TYX | Tyranna Res Ltd | 0.005 | -16.7% | 482,700 |
| ICN | Icon Energy Limited | 0.013 | -13.3% | 1,421,900 |
| CVS | Cervantes Corp Ltd | 0.007 | -12.5% | 3,493,590 |
| HNR | Hannans Ltd | 0.007 | -12.5% | 3,298,460 |
| CBE | Cobre | 0.14 | -12.5% | 1,571,362 |
| TZN | Terramin Australia | 0.035 | -12.5% | 202,877 |
| 88E | 88 Energy Ltd | 0.042 | -12.5% | 94,617,160 |
| OKR | Okapi Resources | 0.395 | -12.2% | 434,430 |