On Stockhead today, the goldies that are looking like mighty attractive takeover targets, where the next generation of tier 1 copper mines are coming from and our new weekly COVID-19 wrap-up.
But first…
The day ahead
The US economy will get PCE inflation data for February. Usually an important economic datapoint, in this case it’s more of a lagging indicator due to the escalation of the COVID-19 pandemic in March.
The following companies are in trading halts and are expected to exit in the next two trading days:
Friday:
Great Southern Mining (ASX:GSN) – compliance matter
Aurora Labs (ASX:A3D) – board changes
Tymlez Group (ASX:TYM) – capital raising
Monday:
IDP Education (ASX:IEL) – COVID impact
Fe (ASX:FEL) – sale transaction of iron ore royalty
Chesser Resources (ASX:CHZ) – capital raising
Alderan Resources (ASX:AL8) – capital raising
Saturn Metals (ASX:STN) – capital raising
Genetic Signatures (ASX:GSS) – COVID impact
Markets
Gold: $US1,627.79 ($2,692.79) (-0.81%%)
Silver: $US14.40 (+0.04%)
Oil (WTI): $US23.16 (-5.43%)
Oil (Brent): $US26.80 (-0.19%)
Coal: $US69.68 (+1.32%)
Iron 62pc Fe: $US88.77 (+0.35%)
AUD/USD: $US0.6045 (-0.29%)
Bitcoin: $US6,758.46 (+2.58%)
What got you talking yesterday
Reader’s took an interest in our latest update on recession-proof investing, along with this summary of what hedge fund billionaire Ray Dalio is focused on in the current crisis.
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These were the most tipped stocks (weekly) on Stocks in Play:
Yesterday’s winners
Code Company Price % Change Market Cap Volume CNJ Conico Ltd 0.007 133.33% $2.7M 1.05M LLO Lion One Metals Ltd 1.455 67.24% $7.78M 14.55K AJQ Armour Energy Ltd 0.039 62.50% $23.0M 1.11M WSP Whispir 1.16 54.67% $120.3M 275.91K SKO Serko 1.99 57.54% $116.8M 191.48K ATU Atrum Coal 0.18 56.52% $83.7M 79.71M EMH European Metals Holdings 0.245 53.13% $17.2M 65.00K IPT Impact Minerals Ltd 0.006 50.00% $9.3M 5.08M ATS Australis Oil & Gas 0.012 50.00% $11.8M 29.73M ATC Altech Chemicals Ltd 0.045 50.00% $38.2M 2.72M PRX Prodigy Gold 0.055 48.65% $31.9M 201.93K IQ3 iQ3Corp Ltd 0.18 44.00% $18.7M 7.00K TGH Terragen 0.15 42.86% $28.0M 91.06K CL8 Collaborate Corporation Ltd 0.01 42.86% $11.5M 1.06M MOE Moelis Australia 1.78 41.27% $271.3M 1.19M KPO Kalina Power 0.027 42.11% $22.1M 41.79M CXO Core Exploration Ltd 0.021 40.00% $16.6M 2.94M TNR Torian Resources Ltd 0.007 40.00% $1.3M 5.51M NVO Nvoi 0.007 40.00% $10.5M 2.93M TNY Tinybeans Group 0.9 38.46% $40.9M 152.09K
Yesterday’s losers
Code Company Price % Change Market Cap Volume TGN Tungsten Mining NL 0.105 -44.74% $80.9M 82.24K MRZ Mont Royal Resources 0.125 -34.21% $4.7M 72.21K TMX Terrain Minerals Ltd 0.002 -33.33% $1.5M 1.71M TBL Tambla 0.12 -33.33% $2.4M 471.65K SOM SomnoMed Ltd 1.15 -33.02% $72.2M 10.01K TZL TZ 0.028 -30.00% $2.6M 0.67K IMM Immutep 0.12 -29.41% $47.0M 9.05M TPS Threat Protect Australia 0.05 -28.57% $12.1M 0.05K ODA Orcoda 0.1 -28.57% $11.6M 249.74K ASG Autosports Group 0.565 -26.62% $113.6M 11.34K GBP Global Petroleum 0.014 -22.22% $2.8M 14.25K FTC FinTech Chain 0.061 -20.78% $39.7M 6.17K IOD IODM 0.065 -20.73% $35.9M 151.09K AVE Avecho Bio 0.002 -20.00% $3.2M 1.16M EM2 Eagle Mountain Mining 0.08 -20.00% $9.3M 6.25K CCG CommsChoice 0.034 -17.07% $6.5M 20.00K MEB Medibio Ltd 0.005 -16.67% $5.0M 799.29K MDC Medlab Clinical Ltd 0.15 -16.67% $35.0M 171.57K LSR Lodestar Minerals Ltd 0.005 -16.67% $4.3M 38.54K GML Gateway Mining Ltd 0.01 -16.67% $16.1M 571.25K VAR Variscan Mines Ltd 0.01 -16.67% $2.5M 75.42K
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