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24/08/2020 – Morning Note

    Home Stockbroking & Research Morning Notes 24/08/2020 – Morning Note
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    24/08/2020 – Morning Note

    By Quinton Meyers | Morning Notes | 0 comment | 24 August, 2020 | 0

    Key News Overnight:

    Spot gold close down 0.2% at US$1,942/oz, after declining over 1% to US$1,910/oz. U.S. gold futures settled unchanged at US$1,947/oz.

    Brent crude futures were down 84 US cents, or 1.9%, at US$44.35bbl, heading for a nearly 2% weekly fall. West Texas Intermediate crude futures settled 48 US cents, or 1.12%, lower at US$42.30bbl.

    In This Issue:

    Regis Resources (RRL) | Resource and Resource update| HOLD | Analyst: Matthew Keane

    Austal (ASB) | FY20 Results | BUY | Analyst | Ian Christie

    Fortescue Metals (FMG) | FY20 results | Not covered | No rating

    St Barbara Mines (SBM) | FY20 results | Not covered | No rating

    Ramelius Resources (RMS) | FY20 financial results | Not covered | No rating

    Emeco (EHL) | Equity raise capital restructure | Not covered / No rating

    Base Resources (BSE) | FY20 Financial Results | Not covered | No rating

    MACA (MLD) | FY20 Results | Not covered / No rating

    Calidus Resources (CAI) | Approvals secured and term sheet received | Not covered | No rating

    Northern Minerals (NTU) | Settles R&D tax claim | Not covered | No rating

    Saturn Metals (STN) | Further strong intercepts from Apollo Hill | Not covered | No rating

    Zenith Minerals (ZNC) | Wide gold intercepts at Red Mountain Project | Not covered | No rating

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