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Top Stocks on HotCopper This Week: American Tungsten, PolyNovo
American Tungsten halted for an acquisition, PolyNovo pressured despite revenue, and Racura Oncology trials advance. Top forum discussions on HotCopper this week.
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American Tungsten halted trading on Friday ahead of a significant acquisition announcement, drawing the most views on the HotCopper forum this week. Investor interest in the company has been elevated since it reported high-grade drilling results and completed a $10 million placement in June, with Casper Adson taking over as chief executive. The company is positioning itself as a U.S. supplier of tungsten and antimony, two minerals in growing demand from the defence sector.
PolyNovo came under selling pressure despite reporting $150 million in group revenue for fiscal 2026 and positive free cash flow. On the forum, traders debated whether the weakness offered a buying opportunity, with attention on the NovoSorb wound care platform and its longer-term growth outlook.
Anson Resources was another heavily viewed stock. The lithium developer applied for additional mineral rights at its Green River project in Utah, expanding its mining footprint. The move generated discussion on the forum about the implications of the 17 new mineral blocks and upcoming milestones in the U.S. lithium sector.