On Stockhead today, analysts reckon gold will punch through $US2000 by year-end, how fast executives think their industries will rebound from COVID-19 and Hydrix tries to cut through the complexity with $$$.
But first…
The day ahead
Today’s economic data includes Australia’s trade balance as well as monthly import and export figures. Economists expect another trade surplus, in the vicinity of $9m, which would represent a slight increase from last month.
The following companies are in trading halts and are expected to exit in the next two trading days:
Thursday:
Kasbah Resources (ASX:KAS) – removal application
Prairie Mining (ASX:PDZ) – litigation funding agreement
Emmerson Resources (ASX:ERM) – capital raising
Friday:
Amplia Therapeutics (ASX:ATX) – capital raising
DiscovEX Resources (ASX:DCX) – capital raising
Resource Generation (ASX:RES) – capital raising
Mineral Commodities (ASX:MRC) – expanded mining rights application
Avenira (ASX:AEV) – capital raising
Home Consortium (ASX:HMC) – capital raising
AIC Mines (ASX:A1M) – capital raising
Temple & Webster (ASX:TPW) – capital raising
Markets
Gold: $US1,769.70 ($2,559.21) (-0.82%)
Silver: $US17.98 (-1.16%)
Oil (WTI): $US39.71 (+1.12%)
Oil (Brent): $US41.92 (+1.90%)
Coal: $US52.97 (-0.81%)
Iron 62pc Fe: $US102.95 (-0.11%)
AUD/USD: $US0.6903 (+0.54%)
Bitcoin: $US9,151.41 (-0.32%)
What got you talking yesterday
Analysts have continually warned us of a forthcoming “copper crunch”. Earlier this week S&P said the situation had gotten more dire this decade.
“Even when the additional exploration efforts are completed over the coming years, 2010-19 will remain the worst decade for copper discoveries that we have recorded.”#ASX #ausbiz #exploration #copper https://t.co/wp46rlBJ9g
— Stockhead (@StockheadAU) July 1, 2020
Also popular with our readers was our latest edition of RockTalk which discussed oil’s post COVID bounce.
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Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.
Yesterday’s winners
Note: Stocks in yellow made market-moving announcements yesterday
Code Name Price % Chg Volume ATH Alterity Therapeutics ltd 0.17 +870.59% 268.7M AYM Australia United Mining Ltd 0.004 +300.00% 1.6M CY5 Cygnus Gold Ltd 0.16 +118.31% 8.6M IKW Ikwezi Mining Ltd 0.002 +100.00% 1.1M QFY Quantify Technology Holdings L 0.002 +100.00% 3.1M VIC Victory Mines Ltd 0.002 +100.00% 56.8M ANL Amani Gold Ltd 0.0015 +50.00% 7.5M HLX Helix Resources Ltd 0.02 +50.00% 9.7M RVS Revasum Inc 0.6 +48.15% 76.6k HIP Hipo Resources Ltd 0.02 +46.67% 2.8M RNU Renascor Resources Ltd 0.013 +44.44% 10.4M BAT Battery Minerals Ltd 0.01 +42.86% 14.6M BNL Blue Star Helium Ltd 0.02 +41.67% 9.9M SHH Shree Minerals Ltd 0.007 +40.00% 74.8M ISD iSentia Group Ltd 0.2 +37.93% 4.4M CWL Chant West Holdings Ltd 0.11 +37.50% 4.2M PPY Papyrus Australia Ltd 0.011 +37.50% 383.9k AR9 Archtis Ltd 0.16 +34.78% 11.4M TSL Titanium Sands Ltd 0.07 +34.69% 950.0k CAV Carnavale Resources Ltd 0.004 +33.33% 41.5M GGE Grand Gulf Energy Ltd 0.004 +33.33% 903.2k KEY Key Petroleum Ltd 0.004 +33.33% 21.6M SMI Santana Minerals Ltd 0.004 +33.33% 1.3M SCN Scorpion Minerals Ltd 0.06 +31.11% 99.7k FAM Family Insights Group Ltd 0.03 +30.77% 5.0M WCN White Cliff Minerals Ltd 0.01 +30.00% 46.9M
Yesterday’s losers
Code Name Price % Chg Volume ESK Etherstack PLC 1.04 -40.29% 28.4M TNR Torian Resources Ltd 0.019 -34.48% 26.8M VPR Volt Power Group Ltd 0.0015 -25.00% 59.4M DTR Dateline Resources Ltd 0.0015 -25.00% 352.0k TUA Tuas Ltd 0.51 -24.44% 963.3k HPR High Peak Royalties Ltd 0.05 -22.86% 92.2k DLC Delecta Ltd 0.007 -22.22% 32.1M CE1 Calima Energy Ltd 0.004 -20.00% 1.0M BRK Brookside Energy Ltd 0.004 -20.00% 1.3M NCL Netccentric Ltd 0.03 -17.95% 30.0k VRC Volt Resources Ltd 0.02 -16.67% 27.7M MGT Magnetite Mines Ltd 0.0025 -16.67% 6.8M EN1 engage:BDR Ltd 0.005 -16.67% 9.9M CRO Cirralto Ltd 0.005 -16.67% 3.1M CAG Cape Range Ltd 0.3 -15.49% 178.9k LBT LBT Innovations Ltd 0.19 -15.22% 4.5M DNA Donaco International Ltd 0.03 -15.00% 1.2M TKL Traka Resources Ltd 0.006 -14.29% 825.4k NAE New Age Exploration Ltd 0.006 -14.29% 10.7M ADV Ardiden Ltd 0.006 -14.29% 53.3M SIO Simonds Group Ltd 0.3 -14.29% 20.0k AL8 Alderan Resources Ltd 0.13 -13.79% 2.9M
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