On Stockhead today, if you thought gold was hot you weren’t watching these three other commodities that are miles ahead in 2019, The Secret Broker offers his tips on how to deal with the impending influx of ASX quarterlies (with plenty of references to The Simpsons), and one of our experts lists off his top stock picks.

But first:

The day ahead

It’s all quiet on the data front in Australia, and there’s not much activity of note overseas either.

China will report its June trade balance figures, where the US numbers usually get some attention amid the ongoing trade war. The US will have PPI data for June where upward pressure on prices is expected to remain “non-existent”.

Company news

The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:

Friday:
Peel Mining (ASX:PEX) – clarification of announcement

Monday:
Graphex Mining (ASX:GPX) – capital raise
Strike Resources (ASX:SRK) – maiden resource estimate
EVE Investments (ASX:EVE) – capital raise
HomeStay Care (ASX:HSC) – distribution agreement

Markets

Gold: $US1,403.84 ($2,012.53) -1.29%

Silver: $US15.12 -0.01%

Oil (Brent): $US66.81 +0.06%

Oil (WTI): $US60.44 +0.02%

Coal: $US76.43

Iron ore 62pc fe: $US119.25 -1.6%

AUD/USD: $US0.6976 +0.05%

What got you talking yesterday

Over on Stockhead’s Facebook group chat (apply to join here), group members had plenty to discuss.

Continuing to get plenty of attention yesterday was Reuben Adams’ post on the looming shortfall in global supply for high purity alumina (HPA) — and what that means for ASX-listed small caps in the sector.

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Thursday, July 11:

Yesterday’s winners

The story of the day was the IPO of fintech company QuickFee (ASX:QFE), which listed at 20c and immediately rocketed higher.

The share price steadily climbed throughout afternoon trade to close at 50c – a gain of 150 per cent.

Investors were evidently keen to get on board with the payments platform, which provides an online portal to assist accounting and law firms manage their client debtor bills.

Also closing strongly was Kyckr (ASX:KYK), which jumped out of the gate after announcing it had signed an agreement with global data platform DemystData.

Here are the best performing ASX small cap stocks for Thursday, July 11:

TickerNamePrice% ChgVolumeMarket Cap
QFE QuickFee Ltd0.5+150.00%51.7M$70.3M
GPP Greenpower Energy Ltd0.002+100.00%1.8M$3.9M
LKO Lakes Oil NL0.0015+50.00%9.5M$50.0M
SPB South Pacific Resources Ltd0.003+50.00%1.0M$497K
SYT Syntonic Ltd0.003+50.00%6.8M$10.0M
KYK Kyckr Ltd0.1+43.48%2.9M$14.9M
EDE Eden Innovations Ltd0.06+40.48%36.9M$98.3M
AOU Auroch Minerals Ltd0.07+36.00%237.8k$6.8M
VRX VRX Silica Ltd0.16+34.78%9.2M$62.7M
MHC Manhattan Corp Ltd0.004+33.33%1.9M$3.0M
MLS Metals Australia Ltd0.002+33.33%925.0k$5.9M
ODA Orcoda Ltd0.18+28.57%67.1k$18.4M
HIP Hipo Resources Ltd0.009+28.57%850.0k$3.5M
MAG Magmatic Resources Ltd0.02+28.57%66.7k$2.1M
PRX Prodigy Gold NL0.13+25.00%1.5M$60.1M
TPP Tempo Australia Ltd0.07+25.00%484.8k$16.9M
ALT Analytica Ltd0.005+25.00%2.3M$17.6M
EMP Emperor Energy Ltd0.0025+25.00%9.7M$2.8M
MRV Moreton Resources Ltd0.005+25.00%1.1M$15.5M
TYX Tyranna Resources Ltd0.005+25.00%132.2k$4.7M

Yesterday’s losers

There were no major falls in the laggards section — perhaps not surprising as the broader ASX Small Ords comfortably outperformed the ASX200 yesterday to post a gain of 0.94 per cent.

The usual round of resources minnows ticked lower, with various penny stocks losing between a quarter and a third of their value.

And one day after appearing on the winner’s list following its victory in a long-running Singapore court battle, White Energy (ASX:WEC) gave back some gains to post an intra-day fall of 14.71 per cent.

Here are the worst performing ASX small cap stocks for Thursday, July 11:

TickerCompanyPrice ($)% ChgVolumeMarket Cap
XST XState Resources Ltd0.002-33.33%180.0k$2.3M
XPE Xped Ltd0.002-33.33%2.1M$3.0M
CAD Caeneus Minerals Ltd0.001-33.33%20.1M$2.1M
AJC Acacia Coal Ltd0.001-33.33%3.8M$4.1M
ICG Inca Minerals Ltd0.003-25.00%1.3M$9.3M
FTT Factor Therapeutics Ltd0.003-25.00%50.5M$3.1M
DHR Dark Horse Resources Ltd0.003-25.00%2.4M$6.1M
RDS Redstone Resources Ltd0.011-21.43%66.7k$5.2M
TSC Twenty Seven Co Ltd0.002-20.00%2.6k$2.0M
TPD Talon Petroleum Ltd0.002-20.00%125.0k$3.6M
DTM Dart Mining NL0.004-20.00%500.0k$4.0M
AAU Adcorp Australia Ltd0.008-20.00%5.0k$3.6M
CCG CommsChoice Group Ltd0.05-19.12%137.1k$7.7M
BBX BBX Minerals Ltd0.22-16.98%180.9k$88.9M
UTR Ultracharge Ltd0.0025-16.67%217.0k$2.7M
PCH Property Connect Holdings Ltd0.0025-16.67%100.0k$1.7M
GMC Gulf Manganese Corp Ltd0.005-16.67%1.3M$24.6M
EXO Ennox Group Ltd0.0025-16.67%1.9M$4.4M
CZN Corazon Mining Ltd0.0025-16.67%4.3M$4.1M
WEC White Energy Co Ltd0.14-14.71%729.6k$74.9M