On Stockhead today, what small fries can learn from big health caps, an expert’s view of where crypto is headed, and Barry FitzGerald gets his heavy metal on.

 

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

The day ahead

Australian labour market indicators are in the spotlight, with unemployment rates and inflation expectations released at 11.30am today.

Key retail sales and production data are also due to be released in the US and China.

 

Earnings

Elmo Software (ASX:ELO), Mt Gibson Iron (ASX:MGX) and Pharmaxis (ASX:PXS) all have earning reports due out today.

 

Trading Halts

Due Out Today:

Global Energy Ventures (ASX:GEV) – capital raise

Calidus (ASX:CAI) – capital raise

Sabre Resources (ASX:SBR) – acquisition

Lefroy Exploration (ASX:LEX) – capital raise

Buru Energy (ASX:BRU) – well results

Golden Rim Resources (ASX:GMR) – capital raise

 

Due Out Tomorrow:

Powerhouse Ventures (ASX:PVL) – capital raising

OreCorp (ASX:ORR) – capital raising

Ora Banda Mining (ASX:OBM) – capital raising

CV Check (ASX:CV1) – capital raising

Black Rock Mining (ASX:BKT) – capital raising

Schrole Group (ASX:SCL) – capital raising

Amani Gold (ASX:ANL) – capital raising

 

Markets

Gold: $US1,516.04 ($2,224.93) +0.01%

Silver: $US17.23 -0.14%

Oil (Brent): $US58.99 -3.15%

Oil (WTI): $US54.82 -0.24%

Coal: $US71.10 -1.46%

Iron ore 62pc fe: $US95.71 +0.63%

AUD/USD: $US0.6754 +0.10%

 

What got you talking yesterday

These were the five most discussed stocks among ASX investors on Wednesday August 14:

$AGY – Argosy Minerals

$NUH – Nuheara

$LYC – Lynas Corporation

$A40 – Alita Resources

$LTR – Liontown Resources

We have a Small Cap Facebook group where punters chat about their favourite stocks and market moving events.  You can apply here.

Yesterday’s winners

Castle Minerals (ASX:CDT) has been treading water for much of this year. Until now, that is, because the ~$3m market cap explorer just signed a significant, $US11.7m farm-out deal with private company Iguana Resources over a couple of its unwanted Ghanian projects, sending the stock up 84 per cent.

 Adveritas (ASX:AV1) raised over $2.8m to expand “sales and marketing efforts”. Company directors shelled out $1.3m personally at 10c a share — a 13.6 per cent premium — which saw the stock jump 25 per cent by the closing bell. Always a strong vote of confidence when management put their own money on the line.

Swipe or scroll to reveal the full table. Click headings to sort

Code Name Price % Chg Market Cap Volume
DDD 3D Resources 0.002 +100.00% $2.2M 530.0k
GLV Global Vanadium 0.002 +100.00% $11.3M 4.5M
GPP Greenpower Energy 0.002 +100.00% $4.0M 1.0M
CDT Castle Minerals 0.011 +83.33% $2.5M 38.5M
CAD Caeneus Minerals 0.003 +50.00% $3.2M 3.8M
IVT Inventis 0.003 +50.00% $2.1M 125.7k
VIC Victory Mines 0.003 +50.00% $2.0M 2.1M
AHL AHAlife Holdings 0.008 +33.33% $8.1M 123.6M
ALT Analytica 0.004 +33.33% $14.1M 300.0k
CLZ Classic Minerals 0.004 +33.33% $8.4M 12.1M
PCL Pancontinental Oil & Gas 0.004 +33.33% $10.8M 8.1M
SMI Santana Minerals 0.004 +33.33% $2.7M 1.6M
WWG Wiseway Group 0.22 +29.41% $26.6M 25.0k
RAG Ragnar Metals 0.009 +28.57% $2.8M 582.1k
AV1 AdVeritas 0.11 +25.00% $17.5M 258.2k
OKR Okapi Resources 0.25 +25.00% $8.6M 124.5k
CZN Corazon Mining 0.005 +25.00% $4.1M 550.0k
DRE Dreadnought Resources 0.005 +25.00% $7.3M 4.2M
WCN White Cliff Minerals 0.005 +25.00% $2.4M 150.0k

Yesterday’s losers

Pact Group (ASX:PGH) fell 17 per cent after some poor results. The company’s after-tax result swung from a $74.5 million profit to a $289.6 million loss – a 489 per cent turnaround.

And Cape Lambert Resources (ASX:CFE) was down 22 per cent after failing to source funding for the development of the Kipushi copper-cobalt project in the Democratic Republic of Congo.

“Whilst we are not privy to the financier’s decision-making processes, we believe it is mainly due to the failing economics of the project in the current environment,” the explorer says.

“When the project was first introduced the cobalt price was approximately $US95,000 per tonne, but now trades at less than $US40,000 per tonne.

“Together with the challenging security situation and the yet to be controlled Ebola outbreak, it has made the DRC a very difficult jurisdiction for the company to work in.”

That’ll do it.

Swipe or scroll to reveal the full table. Click headings to sort

Code Name Price % Chg Market Cap Volume
GLA Gladiator Resources 0.001 -50.00% $1.5M 4.0M
OEQ Orion Equities /fund 0.12 -36.84% $2.1M 50.0k
LKO Lakes Oil 0.001 -33.33% $33.4M 31.7M
GTE Great Western Exploration 0.002 -33.33% $5.0M 4.4M
GGX Gas2Grid 0.002 -33.33% $2.5M 318.0k
CAV Carnavale Resources 0.002 -33.33% $2.3M 531.4k
ROG Red Sky Energy 0.003 -25.00% $1.9M 1.4M
NAE New Age Exploration 0.003 -25.00% $2.7M 3.0M
CFE Cape Lambert Resources 0.007 -22.22% $7.2M 4.9M
ANW Aus Tin Mining 0.007 -22.22% $15.5M 2.0M
IVR Investigator Resources 0.03 -21.21% $19.2M 16.5M
SUD Suda Pharmaceuticals 0.004 -20.00% $14.2M 18.5M
RNX Renegade Exploration 0.004 -20.00% $2.9M 36.4M
NSE New Standard Energy 0.004 -20.00% $3.3M 166.7k
TGO Trimantium GrowthOps 0.41 -19.61% $57.0M 2.0k
KP2 Kore Potash 0.03 -18.18% $23.2M 62.6k
PGH Pact Group Holdings 2.31 -16.91% $794.6M 9.2M