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. In this daily HotCopper Trends column, we break down the top three Aussie stocks talked about on any given trade day, and why they’ve drawn a daily focus intraday.
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First up, Northern Star Resources (ASX:NST) has been quite closely watched throughout Thursday intraday after dumping -8% on a guidance chop.
I’d expect HotCopper users were a little miffed about the update, especially considering Northern Star reported lower gold sales, revised its FY26 guidance, and talked about a crusher failure at Kalgoorlie. Flagging “longer-than-expected” recovery works at Jubilee didn’t exactly help things either.
To that end, NST has been selling at $26.27/sh.
Today’s been even worse again for Pancontinental Energy (ASX:PCL), though.
HotCopper users were quick to flag they “weren’t feeling good” about the company’s Thursday update − simply titled “PEL 87 Update” − and those disgruntled holders were pretty much right on the money there.
In summary: Pancontinental flagged that it’s been all but ghosted by the Namibian Ministry of Industry, Mines, and Energy after an October application.
PCL cleared NST’s dump; the energy stock is down -20% right now.
Finally, West Wits Mining (ASX:WC1) is down, too (some -2.4% lower mid-arvo, to 8.3cps), but the hopeful producer didn’t take quite the dent.
In fact, the explorer just banked $34 million to carry Qala Shallows into steady-state production after a “strong vote of confidence” with its institutional placement. The only reason it’s down is that raised at 8cps.
Looking wider, the ASX has been up +0.6%.
That’s Thursday’s HotCopper Market Trends, I’m Isaac McIntyre – see you for close.
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