On Stockhead today, Kalgoorlie holds the promise of deep gold riches for those willing to ‘play detective, UBS on one of the toughest questions facing investors: how far do stocks have to fall? And industry, government both want COVID-19 test kits, but will they work?

But first…

 

The week ahead

The week in economic data is heavily front-ended. On Monday, look out for ANZ job advertisements and Melbourne Institute inflation expectations.

On Tuesday the ABS will release our trade balance and ANZ and Roy Morgan their weekly consumer confidence index. Additionally the Reserve Bank board will be holding its regular monthly meeting.

On Wednesday look out for home loan values – both for owner-occupiers and investors.

The following companies are in trading halts and are expected to exit in the next two trading days:

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

Tuesday:

Indiana Resources (ASX:IDA) – capital raising
Neometals (ASX:NMT) – joint venture transaction
Peak Resources (ASX:PEK) – capital raising
eSense-Lab (ASX:ESE) – capital raising
PolyNovo (ASX:PNV) – clinical trial results, update & funding
Alterra (ASX:1AG) – avocado development project

 

Markets

Gold: $US1,619.30 ($2,692.90) (+0.43%)

Silver: $US14.40 (-0.71%)

Oil (WTI): $US28.34 (+11.93%)

Oil (Brent): $US34.11 (+13.93%)

Coal: $US63.82 (-1.79%)

Iron 62pc Fe: $US82.38 (+0.80%)

AUD/USD: $US0.6017 (+0.33%)

Bitcoin: $US6,759.72 (-1.06%)

 

What got you talking last week

On Twitter it was all about battery metals. Explorers and producers alike were doing it tough even before the virus broke out but some industry analysts believe the bottom has been reached and the only direction is up.

Also popular was news of the third West Australian nickel small cap in less than a fortnight to make a big hit. The latest winner was St George Mining (ASX:SGQ).

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

 

Last week’s winners

CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP
CDY CELLMID LTD 173 0.270 26.08M
RHY RHYTHM BIOSCIENCES LTD 134 0.096 9.67M
ADJ ADSLOT LTD 114 0.015 27.66M
LEG LEGEND MINING LTD 101 0.135 320.24M
CAV CARNAVALE RESOURCES LTD 100 0.002 2.99M
PNN PEPINNINI LITHIUM LTD 100 0.002 2.93M
ARE ARGONAUT RESOURCES NL 100 0.004 6.31M
AHL AHALIFE HOLDINGS LTD 100 0.006 7.98M
SRN SUREFIRE RESOURCES NL 100 0.002 1.26M
DTR DATELINE RESOURCES LTD 100 0.002 16.42M
KAS KASBAH RESOURCES LTD 90 0.038 5.14M
FFL FOUNDERS FIRST LTD 81 0.245 30.28M
ALG ARDENT LEISURE GROUP LTD 80 0.315 151.11M
NOX NOXOPHARM LTD 79 0.215 32.74M
GSS GENETIC SIGNATURES LTD 78 1.960 279.39M
PNC PIONEER CREDIT LTD 78 0.605 38.36M
SZL SEZZLE INC-CDI 76 1.020 203.45M
ATS AUSTRALIS OIL & GAS LTD 75 0.021 20.71M
TD1 TALI DIGITAL LTD 74 0.033 24.73M
MYQ MYFIZIQ LTD 73 0.135 14.64M
GEM G8 EDUCATION LTD 70 1.080 496.99M
BEM BLACKEARTH MINERALS NL 70 0.039 4.43M
LVH LIVEHIRE LTD 67 0.135 40.82M
CUX CROSSLAND STRATEGIC METALS L 67 0.005 5.06M
MRR MINREX RESOURCES LTD 67 0.010 1.99M
TSC TWENTY SEVEN CO LTD 67 0.005 7.43M
LML LINCOLN MINERALS LTD 67 0.005 2.87M
NTI NEUROTECH INTERNATIONAL LTD 67 0.005 698.66k

 

Last week’s losers

CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP
TMG TRIGG MINING LTD -26 0.020 1.16M
OEL OTTO ENERGY LTD -29 0.005 13.46M
MTH MITHRIL RESOURCES LTD -29 0.005 2.45M
IGN IGNITE LTD -29 0.005 447.91k
TER TERRACOM LTD -29 0.110 77.58M
GRV GREENVALE ENERGY LTD -29 0.012 1.27M
HCD HYDROCARBON DYNAMICS LTD -30 0.014 3.95M
MCM MC MINING LTD -31 0.275 38.80M
E2E EON NRG LTD -33 0.001 769.89k
SI6 SIX SIGMA METALS LTD -33 0.001 645.00k
FGO FLAMINGO AI LTD -33 0.001 1.12M
ARO ASTRO RESOURCES NL -33 0.002 2.54M
VAL VALOR RESOURCES LTD -33 0.001 1.92M
KEY KEY PETROLEUM LTD -33 0.002 3.42M
OAR OAKDALERESOURCES LTD -33 0.002 1.16M
RAN RANGE INTERNATIONAL LTD -33 0.008 2.89M
CIO CONNECTED IO LTD -33 0.002 4.82M
EGR ECOGRAF LTD -38 0.030 9.23M
FRX FLEXIROAM LTD -38 0.015 4.58M
IQ3 IQ3CORP LTD -39 0.110 11.43M
SHO SPORTSHERO LTD -40 0.003 984.62k
SVD SCANDIVANADIUM LTD -44 0.005 1.76M
XST XSTATE RESOURCES LTD -50 0.001 1.43M
OEX OILEX LTD -50 0.001 3.43M
RFN REFFIND LTD -50 0.001 1.02M
RXH REWARDLE HOLDINGS LTD -50 0.001 526.32k
KPT KANGAROO ISLAND PLANTATION T -52 0.950 53.60M
DCG DECMIL GROUP LTD -71 0.120 28.71M