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

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Yesterday’s losers

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Featured Companies

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