On Stockhead today, why junior battery metals miners are the cheapest they’ve ever been, how the billionaires are investing their capital amid the pandemic and the stocks investors flocked to in March while the world is in lockdown.

But first…

 

The day ahead

For Australian traders, there’s February retail sales data (before the impact of COVID-19) and construction activity figures for March, which are forecast to show another sharp downturn.

Later on, all eyes will be on US employment data for March, which is expected to show a “dramatic” rise in unemployment, Westpac says, and will be the first main indicator that the US economy is headed into recession.

Friday:

Anson Resources (ASX:ASN) – capital raising
Aeris Environmental (ASX:AEI) – capital raising
Abilene Oil and Gas (ASX:ABL) – debt refinancing
Osprey Medical (ASX:OSP) – capital raising
Galan Lithium (ASX:GLN) – capital raising

Monday:

Cellmid (ASX:CDY) – capital raising
Core Lithium (ASX:CXO) – project update
DXN (ASX:DXN) – capital raising
Paradigm Biopharmaceuticals (ASX:PAR) – FDA review outcome
NextDC (ASX:NXT) – capital raising

 

Markets

Gold: $US1,614.55 ($2,667.82) (+1.31%)

Silver: $US14.50 (-0.03%)

Oil (WTI): $US25.01 (+23.09%)

Oil (Brent): $US29.92 (+21.02%)

Coal: $US64.55 (-2.79%)

Iron 62pc Fe: $US80.34 (-8.73%)

AUD/USD: $US0.6054 (-0.28%)

Bitcoin: $US6,760.22 (+8.34%)

 

What got you talking yesterday

Readers took an interest in this post summarising our discussions with five ASX small-caps with exposure to China, to get insights on what they’re seeing on the ground amid tentative signs that China’s economy is returning to normal.

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

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

 

Yesterday’s winners

Code Company Price % Change Market Cap Volume
SRI Sipa Resources Ltd 0.048 77.78% $6.8M 295.69K
RHY Rhythm Biosciences 0.096 74.55% $9.7M 3.61M
FFL Founders First 0.245 63.33% $30.3M 525.02K
ADR Adherium Ltd 0.023 53.33% $11.4M 1.58M
CGN Crater Gold Mining Ltd 0.009 50.00% $11.1M 18.29K
CLZ Classic Minerals Ltd 0.002 50.00% $7.4M 1.49M
AVE Avecho Bio 0.003 50.00% $3.2M 800.00K
NZK New Zealand King Salmon 1.9 45.04% $182.1M 10.47K
AU1 Agency Group Australia 0.055 37.50% $16.4M 124.28K
WML Woomera Mining 0.011 37.50% $1.6M 1.24M
ADJ Adslot 0.015 36.36% $27.7M 2.58M
MFD Mayfield Childcare 0.81 35.00% $25.8M 382.22K
NOV Novatti Group 0.133 33.84% $22.1M 109.82K
SRY Story-I 0.012 33.33% $4.4M 2.27M
MRZ Mont Royal Resources 0.16 33.33% $6.0M 20.26K
ARE Argonaut Resources N L 0.004 33.33% $6.3M 370.30K
TNK Think Childcare 1 33.33% $61.1M 498.21K
GEM G8 Education 1.08 28.57% $497.0M 6.20M
FZO Family Zone Cyber 0.115 27.78% $27.7M 713.70K
SZL Sezzle 1.02 27.50% $79.7M 1.24M

Yesterday’s losers

Code Company Price % Change Market Cap Volume
PKO Peako 0.007 -36.36% $1.4M 200.00K
ROG Red Sky Energy 0.001 -33.33% $1.6M 10.00M
SI6 Six Sigma Metals 0.001 -33.33% $645K 686.67K
CCE Carnegie Clean 0.001 -33.33% $11.1M 1.75M
MNW Mint Payments 0.006 -33.33% $5.5M 25.00K
SER Strategic Energy Resources 0.003 -25.00% $2.9M 2.50M
EGR Kibaran Resources Ltd 0.03 -25.00% $9.2M 1.92M
MAN Mandrake Resources 0.01 -23.08% $2.7M 0.07K
SRZ Stellar Resources Ltd 0.007 -22.22% $3.1M 104.17K
NOX Noxopharm 0.215 -20.37% $32.7M 6.09M
E2M E2 Metals 0.06 -20.00% $6.9M 299.31K
XCD Xcd Energy 0.004 -20.00% $2.8M 2.94M
VOL Victory Offices 0.795 -18.88% $32.5M 5.02K
NTD National Tyre 0.24 -18.64% $24.7M 173.52K
SFX Sheffield Resources Ltd 0.087 -17.14% $26.9M 470.23K
NZS XTV Networks 0.015 -16.67% $8.0M 528.00K
9SP 9 Spokes Intl 0.01 -16.67% $12.2M 1.20M
SCI Silver City Minerals Ltd 0.005 -16.67% $1.8M 2.43M
LCD Latitude Consolidated Ltd 0.01 -16.67% $2.8M 3.02M
MCA Murray Cod AU 0.105 -16.00% $58.8M 7.30K
NOR Norwood Systems 0.025 -15.52% $5.9M 394.50K