With more than seven million users on the HotCopper forums, every discussion and speculation can move Australian markets, which is why getting out in front of those trends is so important for any trader worth their salt.
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In this daily HotCopper Trends column, we break down the top three stocks talked about on any given trade day, and why they’ve drawn a daily focus.
Note: some listed companies may be clients.
- Resolution Minerals is out way in front when it comes to views of the company’s Monday announcement it’s found a new gold discovery on-site its Golden Gate South acreage; the company is still reporting it’s whittling its way to the NASDAQ.
- Paradigm Biopharmaceuticals meanwhile has announced it’s continuing a strategic pivot into the animal care sector with its osteoarthritis drug candidate now being tested on animals in oral form.
- Australian Mines Ltd meanwhile reported “exceptional” scandium grades at its Flemington asset, well received by the company’s investors with shares up 9% – to 1.8cps.
- New Age Exploration also landing on radars but for a trading halt; the nanocap is flagging upcoming “drilling results at the Wagyu Gold Project” – the vibe is that people are expecting they’l be good.
- Dreadnought Resources also reporting gold on Monday, this time reporting further high grade discoveries at its much-watched Mangaroon project.
- Finally, Memphasys has inked approval from Australian drug regulator TGA for its Felix tech which ultimately aims to enter the IVF market. Shares jumped 27% on the approval – but the company’s a nanocap at 0.7cps.
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