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10/09/2020 – Morning Note

    Home Stockbroking & Research Morning Notes 10/09/2020 – Morning Note
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    10/09/2020 – Morning Note

    By Quinton Meyers | Morning Notes | 0 comment | 10 September, 2020 | 0

    Key News Overnight:

    Spot gold rose 0.8% to US$1,946/oz, shaking off initial declines. U.S. gold futures settled up 0.6% at US$1,955/oz.

    The Dow Jones Industrial Average rose 1.6%, the S&P 500 gained 2% and the Nasdaq Composite added 293.87 points, or 2.7%. It sets up the ASX for a strong start, with futures at 6.05am AEST pointing to a gain of 77 points, or 1.3%, at the open.

    In This Issue:

    Gold Road Resources (GOR) | Yamana exploration update | BUY | Analyst: Matthew Keane

    SRG Global (SRG) | On a roll | BUY | Analyst | Ian Christie

    Newcrest Mining (NCM) | Exploration update: Havieron and Red Chris | Not covered | No rating

    Cardinal Resources (CDV) | Nordgold extends its offer expiry date | Not covered | No rating

    Magmatic Resources (MAG) | North Molong exploration | Not covered, no rating

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