Rise and Shine: What you need to know before the ASX opens

On Stockhead today, everything you need to know about how far away a coronavirus vaccine could be, China’s appetite for Aussie products is helping a bunch of small caps escape the pandemic-induced market sell0ff and the oil demand outlook takes a hit on Russia and Saudi Arabia’s defiance.

But first…

The day ahead

Today in economic data the Melbourne Institute will release it’s monthly survey of consumer inflation expectations.

The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours:

Thursday:

Galan Lithium (ASX:GLN) – Hombre Muerto West tenure update
Creso Pharma (ASX:CPH) – change in management at subsidiary

Friday:

Pearl Global (ASX:PG1) – capital raising
Vulcan Energy Resources (ASX:VUL) – clarification of capital structure
Alto Metals (ASX:AME) – exploration results and corporate update
Adavale Resources (ASX:ADD) – capital raising

Markets

Gold: $US1,636.20 ($2,519.75) (-0.98%)

Silver: $US16.75 (-1.26%)

Oil (WTI): $US32.84 (-5.58%)

Oil (Brent): $US35.72 (-5.53%)

Coal: $US65.15 (+0.20%)

Iron 62pc Fe: $US90.15 (+2.36%)

AUD/USD: $US0.6487 (-0.28%)

Bitcoin: $US7,873.84 (-0.77%)

What got you talking yesterday

On Twitter it was all about the Perth Mint. Rising gold prices have meant that the value of stored gold and silver now exceeds $5bn.

As gold prices hit new heights, the value of gold and other precious stored at the Perth Mint is now worth more than $5bn #asx #ausbiz #gold #mining #kin #ksn #aar https://t.co/lavoQJVGvQ

— Stockhead (@StockheadAU) March 11, 2020

These were the most tipped stocks (weekly) on Stocks in Play:

Yesterday’s winners

Code	Name	Price	Chg. %	Market Cap	Vol.
QFY	Quantify Tech	0.002	100.00%	$4.0M	13.27M
TYX	Tyranna Resources	0.003	50.00%	$3.2M	1.92M
BMG	BMG Resources Ltd	0.003	50.00%	$1.8M	1.50M
TPD	Talon Petroleum Ltd	0.002	50.00%	$3.6M	3.26M
SVA	Simavita	0.015	50.00%	$21.7M	832.71K
OLI	Olivers Real Food	0.097	49.23%	$24.3M	4.41M
GME	GME Resources Ltd	0.06	42.86%	$30.4M	91.80K
AMD	Aarow Minerald	0.007	40.00%	$6.4M	1.92M
TZL	TZ	0.08	37.93%	$7.3M	5.00K
TDY	Thedocyard	0.18	33.33%	$23.9M	72.12K
ENR	Encounter Resources Ltd	0.12	33.33%	$33.7M	316.81K
ARE	Argonaut Resources N L	0.004	33.33%	$6.3M	707.12K
CNB	Carnaby Resources	0.05	25.00%	$4.8M	108.53K
FTT	Factor Therapeutics	0.003	25.00%	$2.1M	1.00M
CZN	Corazon Mining Ltd	0.003	25.00%	$4.8M	895.02K
ERL	Empire Resources Ltd	0.01	25.00%	$7.8M	1.98M
IEC	Intra Energy Corporation	0.005	25.00%	$1.6M	351.80K
CGB	Cann Global	0.01	25.00%	$26.1M	2.40M
HXG	Hexagon Resources	0.041	24.24%	$9.7M	600.46K
CST	Castile Resources	0.14	22.73%	$22.0M	68.44K
SGC	Sacgasco	0.022	22.22%	$4.9M	54.00K
IPD	Impedimed	0.077	20.31%	$32.7M	3.44M

Yesterday’s losers

Code	Name	Price	Chg. %	Market Cap	Vol.
RAP	Resapp Health	0.084	-50.59%	$61.0M	47.27M
PCL	Pancontinental Oil&Gas	0.001	-33.33%	$8.1M	60.00K
AYR	Alloy Resources Ltd	0.001	-33.33%	$2.1M	86.40K
PM8	Pensana Metals	0.21	-32.26%	$32.2M	975.82K
KTE	K2 Energy Ltd	0.005	-28.57%	$1.5M	175.00K
POD	Podium Minerals	0.019	-26.92%	$4.2M	610.40K
RNO	Rhinomed	0.11	-26.67%	$25.4M	60.13K
CVV	Caravel Minerals Ltd	0.027	-25.00%	$7.1M	295.00K
SMD	Syndicated Metals Ltd	0.003	-25.00%	$3.8M	500.00K
CLT	Cellnet Group Ltd	0.1	-23.08%	$8.1M	7.00K
LVH	LiveHire	0.15	-23.08%	$59.0M	103.96K
GBR	Great Boulder Resources Ltd	0.031	-22.50%	$5.3M	515.56K
BIQ	BuildingIQ Inc	0.007	-22.22%	$3.4M	34.38K
DTM	Dart Mining NL	0.05	-21.88%	$3.8M	2.39K
EPM	Eclipse Metals Ltd	0.004	-20.00%	$6.2M	100.00K
CIO	Connected IO	0.002	-20.00%	$4.8M	30.05M
HWK	Hawkstone Mining	0.004	-20.00%	$5.1M	4.20M
MSB	Mesoblast	1.775	-18.95%	$1.2B	7.68M
PSC	Prospect Resources Ltd	0.11	-18.52%	$33.2M	15.42K
MPR	Mpower	0.018	-18.18%	$3.5M	90.00K
KAU	Kaiser Reef	0.21	-17.65%	$8.5M	275.45K