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05/08/2020 – Morning Note

    Home Stockbroking & Research Morning Notes 05/08/2020 – Morning Note
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    05/08/2020 – Morning Note

    By Quinton Meyers | Morning Notes, Uncategorized | 0 comment | 5 August, 2020 | 0

    Key News Overnight:

    Gold prices soar past the key US$2,000 with spot gold settling up 2.1% to $2,019.40/oz.

    The pan-European Stoxx 600 provisionally closed down by nearly 0.2%, with health care stocks tumbling 1.3% to lead losses while oil and gas stocks climbed 2.4%.

    The Hang Seng index in Hong Kong surged 2% on the day to 24,946.63. Japanese stocks, which led gains among the region’s major markets on Monday, continued to see robust gains on Tuesday.

    In This Issue:

    Pantoro (PNR) | PNR in a trading halt | Restricted | Analyst | Michael Eidne

    SRG Global (SRG) | New Zealand ops back to normal | BUY | Analyst | Ian Christie

    Lynas Corporation (LYC) | Update on Permanent Deposit Facility | Not covered | No rating

    Calidus Resources (CAI) | Early works commence at Warrawoona| Not covered | No rating

    Bannerman Resources (BMN) | Scoping Study on a 8Mtpa operation at Etango| Not covered | No rating

    Gascoyne Resources (GCY) | July gold production| Not covered | No rating

    De Grey Mining (DEG) | New zone of mineralisation at Aquila| SPEC BUY | Analyst: Matthew Keane

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