On Stockhead today, what to look for when investing in gold stocks, some big talk about bioenergy, and why we need to ignore hydrogen colours.
But first, the day ahead.
Nimy Resources is set to list today at 12pm AEDT.
Commsec notes in the coming week, there will be a couple of indicators to be released that are key inputs into the September quarter economic growth (GDP) calculations – business investment and construction work activity.
TRADING HALTS
Monday
Element 25 (ASX:E25) – operational update
Advanced Human Imaging (ASX:AHI) – NASDAQ listing update
Consolidated Zinc (ASX:CZL) – capital raising
Tietto Minerals (ASX:TIE) – capital raising
Poseidon Nickel (ASX:POS) – drilling results
RareX (ASX:REE) – exploration results
Arizona Lithium (ASX:AZL) – metallurgical test work
iCandy (ASX:ICI) – capital raising
ECS Botanics (ASX:ECS) – supply and tolling agreement
Tuesday
Nova Minerals (ASX:NVA) – Snow Lake Resources IPO update
Red River Resources (ASX:RVR) – judgement in TCM royalty dispute
Beam Communications (ASX:BCC) – capital raising
Emyria (ASX:EMD) – capital raising
Schrole Group (ASX:SCL) – capital raising
Buru Energy (ASX:BRU) – results of wireline log evaluation
Tamboran Resources (ASX:TBN) – capital raising
MARKETS (updated at 7.30am AEDT)
Gold: US$1,845.00 (A$2,547.13) (-0.72%)
Silver: US$24.60 (A$33.96) (-0.72%)
Oil (WTI): US$76.10 (-3.68%)
Oil (Brent): US$78.45 (-3.43%)
Coal: US$152.50 (-0.00%)
Iron 62pc Fe: US$92.78 (+0.84%)
AUD/USD: US$0.7240 (+0.13%)
Bitcoin: US$59,407.51 (A$82,015.63) (-0.06%)
WHAT GOT YOU TALKING LAST WEEK?
Sustainable steel-making got you talkin’.
Magnetite Mines (ASX:MGT) non-executive director Mark Eames says the increased interest in green steel has grown because the industry generates around 8% of global carbon emissions.
“In the last 12 months, people have started looking at ways to produce low emission steel and the reality is there isn’t an obvious steel-making technology, which is commercial, and in use anywhere in the world today, that can make zero emission steel,” he said.
LAST WEEK’S WINNERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| MLS | Metals Australia | 0.003 | 50 | 19411730 |
| OVT | Ovato Limited | 0.003 | 50 | 1 |
| PCL | Pancontinental Energ | 0.0015 | 50 | 47146837 |
| CGB | Cann Global Limited | 0.004 | 33 | 14430834 |
| EMT | Emetals Limited | 0.02 | 33 | 59927435 |
| ICI | Icandy Interactive | 0.18 | 33 | 64029401 |
| TRT | Todd River Res Ltd | 0.12 | 32 | 9225351 |
| X2M | X2M Connect Limited | 0.2 | 25 | 1498081 |
| XTC | Xantippe Res Ltd | 0.005 | 25 | 6179691 |
| SFM | Santa Fe Minerals | 0.11 | 24 | 1238629 |
| VNT | Ventiaservicesgroup | 2.1 | 24 | 21476081 |
| IPB | IPB Petroleum Ltd | 0.017 | 21 | 1059016 |
| AXP | AXP Energy Ltd | 0.013 | 18 | 16951838 |
| SNL | Supply Network | 9.55 | 18 | 11376 |
| AUK | Aumake Limited | 0.02 | 18 | 7787875 |
| BNR | Bulletin Res Ltd | 0.089 | 17 | 2827340 |
| DEV | Devex Resources Ltd | 0.555 | 17 | 3322119 |
| RNE | Renu Energy Ltd | 0.14 | 17 | 3319466 |
| CWN | Crown Resorts Ltd | 11.54 | 17 | 4778886 |
| HCD | Hydrocarbon Dynamic | 0.022 | 16 | 1058293 |
| ACU | Acumentis Group Ltd | 0.185 | 16 | 12546 |
| ICN | Icon Energy Limited | 0.023 | 15 | 6098027 |
| TSN | The Sust Nutri Grp | 0.235 | 15 | 31483 |
eMetals (ASX:EMT) rose after announcing it was buying the Salmon Gum rare earths project.
QuickFee (ASX:QFE) announced it obtained a new debt funding facility as well as the rights to the Jim’s Pay Plan franchise – a BNPL product for people utilising home services.
X2M Connect (ASX:X2M) surged after winning a remote water monitoring tender in South Korea worth $2.6 million.
LAST WEEK’S LOSERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
| AFW | Applyflow Limited | 0.005 | -23 | 14545311 |
| CCE | Carnegie Cln Energy | 0.002 | -20 | 4412003 |
| YPB | YPB Group Ltd | 0.002 | -20 | 36305458 |
| LCY | Legacy Iron Ore | 0.024 | -14 | 16587366 |
| MNS | Magnis Energy Tech | 0.44 | -14 | 73329343 |
| CAE | Cannindah Resources | 0.235 | -13 | 2069017 |
| AHN | Athena Resources | 0.014 | -13 | 2632066 |
| AOA | Ausmon Resorces | 0.007 | -13 | 18172437 |
| RTE | Retech Tech Co. Ltd | 0.25 | -12 | 2000 |
| LMG | Latrobe Magnesium | 0.11 | -12 | 12542098 |
| KOR | Korab Resources | 0.067 | -12 | 6826300 |
| M3M | M3Mininglimited | 0.28 | -11 | 535010 |
| PKD | Parkd Ltd | 0.04 | -11 | 62930 |
| DDD | 3D Resources Limited | 0.004 | -11 | 2139810 |
| MRD | Mount Ridley Mines | 0.008 | -11 | 17531959 |
| TMK | Tamaska Oil Gas Ltd | 0.008 | -11 | 669100 |
| PH2 | Pure Hydrogen Corp | 0.535 | -11 | 4579281 |
| MFB | My Food Bag Grp Ltd | 1.16 | -11 | 9372 |
| LIO | Lion Energy Limited | 0.075 | -11 | 6876805 |
| PYR | Payright Limited | 0.25 | -11 | 83692 |
| HXL | Hexima | 0.34 | -11 | 110222 |
| CMD | Cassius Mining Ltd | 0.017 | -11 | 50000 |
| NES | Nelson Resources. | 0.035 | -10 | 372860 |
My Food Bag (ASX:MFB), a New Zealand competitor to meal kit deliverer Marley Spoon, fell after its interim half yearly results.