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27/08/2020 – Morning Note

    Home Stockbroking & Research Morning Notes 27/08/2020 – Morning Note
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    27/08/2020 – Morning Note

    By Quinton Meyers | Morning Notes | 0 comment | 27 August, 2020 | 0

    Key News Overnight:

    Spot gold rose 1.4% to US$1,955/oz, after declining to a two-week low early in the session. U.S. gold futures settled up 2% at US$1,962/oz.

    The Dow Jones Industrial Average rose 83.48 points, or 0.3%, to 28,331.92, the S&P 500 gained 35.11 points, or 1.02%, to 3,478.73 and the Nasdaq Composite added 198.59 points, or 1.73%, to 11,665.06.

    In This Issue:

    De Grey Mining (SFR) | Spectacular gold drill intercept in the Crow Zone | SPEC BUY | Analyst: Matthew Keane

    Bellevue Gold (BGL) | Appointment of contract to commence early works in underground | SPEC BUY | Analyst: Matthew Keane

    Sandfire Resources (SFR) | FY20 results | BUY | Analyst: Matthew Keane

    IGO Group (IGO) | FY20 results | BUY | Analyst: Matthew Keane

    Peet (PPC) | FY20 Results | HOLD | Analyst | Ian Christie

    St George Mining (SGQ) | Mineralised intercept below Investigators prospect | SPEC BUY | Analyst: Matthew Keane

    Galaxy Resources (GXY) | FY20 Half Year Results | Not covered | No rating

    MACA (MLD) | Preferred contractor for Karlawinda | Not covered / No rating

    Mader (MAD) | FY20 Results | Not covered / No rating

    Primero (PGX) | FY20 Results | Not covered / No rating

    MMA Offshore (MRM) | FY20 Results | Not covered / No rating

    Kin Mining (KIN) | Drilling Results at Cardinia Hill | Not covered | No rating

    Middle Island Resources (MDI) | High grade gold drill results from Plum Pudding | Not covered | No rating

    Auroch Minerals (AOU) | High grade nickel intercept at Sain Andrews | Not covered | No rating

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