On Stockhead today, will cobalt prices surge after another big mine gets mothballed, the tech and pot stocks still surging after IPOs, and the infant formula maker that reckons it’s “ready to capitalise”.

But first, here’s what you need to know.

 

The day ahead

At home, Westpac has consumer confidence figures for the month of August, while the ABS is releasing wage price data.

Earnings

In small cap land, Huon Aquaculture (ASX:HUO), Villa World (ASX:VLW), GI Dynamics (ASX:GID), Tambla (ASX:TBL), Australian Rural Capital (ASX:ARC), Boom Logistics (ASX:BOL) and Schaffer (ASX:SFC) all have earnings reports out today.

Trading halts

Due out today:

AdVeritas (ASX:AV1) – capital raising

Capricorn Metals (ASX:CMM) – capital raising

Alita Resources (ASX:A40) – company update

Cape Lambert Resources (ASX:CFE) – project update

Magnum Mining and Exploration (ASX:MGU) – capital raising

Due out tomorrow:

Global Energy Ventures (ASX:GEV) – capital raise

Calidus (ASX:CAI) – capital raise

Sabre Resource (ASX:SBR) – acquisition

Lefroy Exploration (ASX:LEX) – capital raise

Buru Energy (ASX:BRU) – drilling results

Golden Rim Resources (ASX:GMR) – capital raise

Oilex (ASX:OEX)  – acquisition

 

Markets

Gold: $US1,501.86 ($2,209.54) -0.66%

Silver: $US16.95 -0.61%

Oil (Brent): $US60.49 +3.30%

Oil (WTI): $US56.77 +3.39%

Coal: $US72.10 +0.35%

Iron ore 62pc fe: $US95.01 +1.50%

AUD/USD: $US0.6798 -0.01%

 

What got you talking yesterday

These were the five most discussed stocks among ASX investors on Friday August 9:

$AVZ – AVZ Minerals

$BRU – Buru Energy

$AUZ – Australian Mines

$ADN – Andromeda Metals

$LTR – Liontown Resources

We have a Small Cap Facebook group where you can discuss market moving events such as these. If you wish to join you can apply here.

Yesterday’s winners

Code Name Price % Chg Market Cap Volume
GLA Gladiator Resources Ltd 0.002 +100.00% $2.9M 4.3M
RNX Renegade Exploration Ltd 0.002 +100.00% $3.6M 17.8M
MSE Metalsearch Ltd 0.012 +71.43% $5.8M 169.4M
LKO Lakes Oil NL 0.003 +50.00% $50.0M 58.1M
MZN Marindi Metals Ltd 0.003 +50.00% $4.5M 25.5M
AQX Alice Queen Ltd 0.015 +36.36% $10.2M 13.1M
MNW Mint Payments Ltd 0.03 +35.00% $21.2M 1.5M
LER Leaf Resources Ltd 0.03 +33.33% $8.6M 40.0k
DTR Dateline Resources Ltd 0.004 +33.33% $32.5M 122.5M
ICG Inca Minerals Ltd 0.004 +33.33% $12.4M 3.8M
KGD Kula Gold Ltd 0.02 +33.33% $941K 40.0k
ROG Red Sky Energy Ltd 0.004 +33.33% $2.5M 14.1M
EMPDC Emperor Energy Ltd 0.04 +31.25% $3.2M 73.2k
ANW Aus Tin Mining Ltd 0.009 +28.57% $19.9M 2.3M
HPR High Peak Royalties Ltd 0.1 +25.00% $18.9M 100.0k
AZS Azure Minerals Ltd 0.13 +25.00% $13.9M 279.5k
KGM KalNorth Gold Mines Ltd 0.01 +25.00% $8.9M 932.3k
MSR Manas Resources Ltd 0.005 +25.00% $13.2M 260.0k
SUD Suda Pharmaceuticals Ltd 0.005 +25.00% $17.8M 3.9M
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Yesterday’s losers

Code Name Price % Chg Market Cap Volume
8EC 8IP Emerging Cos Ltd 0.31 -62.58% $12.5M 574.5k
IVT Inventis Ltd 0.002 -50.00% $1.4M 132.0k
CYQ Cycliq Group Ltd 0.001 -50.00% $1.1M 34.2k
AQC Australian Pacific Coal Ltd 0.24 -36.84% $12.1M 826.5k
UTR Ultracharge Ltd 0.002 -33.33% $2.1M 1.2M
GLV Global Vanadium Ltd 0.002 -33.33% $5.7M 2.4M
DDD 3D Resources Ltd 0.001 -33.33% $1.1M 100.0k
CZN Corazon Mining Ltd 0.002 -33.33% $3.3M 3.6M
CAD Caeneus Minerals Ltd 0.001 -33.33% $2.1M 499.6k
ACS Accent Resources NL 0.004 -33.33% $724K 10.0k
LML Lincoln Minerals Ltd 0.005 -28.57% $2.9M 500.0k
TAR Taruga Minerals Ltd 0.02 -23.33% $3.2M 2.5k
FAU First Au Ltd 0.03 -22.86% $7.1M 16.3M
SCN Scorpion Minerals Ltd 0.007 -22.22% $1.2M 440.8k
AVC Auctus Alternative Investments 0.25 -20.63% $8.5M 22.9k
LI3 Lithium Consolidated Ltd 0.05 -20.29% $5.3M 14.7k
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There you have it – all you need to know.