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

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On Stockhead today, we look at what’s behind the sudden run of recent mineral discoveries in Australia, rising global tensions are putting defence stocks in the spotlight and Australia risks being a dumping ground for bad cars if it doesn’t act on EVs.

But first…

The day ahead

This week in economic data is a quiet one. On Wednesday at 11.30am we’ll get an insight into the impacts of COVID-19 on the construction sector with the release of construction work done for the March quarter.

On Thursday look out for private capital expenditure and the Australian Bureau of Statistics’ preliminary April merchandise trade. Finally on Friday watch out for month-on-month and year-on-year private sector credit.

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

Monday:

Invex Therapeutics (ASX:IXC) – capital raising
Opyl (ASX:OPL) – commercial contracts
Credit Intelligence (ASX:CI1) – finance facility
Bigtincan Holdings (ASX:BTH) – capital raising
Smartpay Holdings (ASX:SMP) – capital raising
Anson Resources (ASX:ASN) – additional information to study

Tuesday:

Black Cat Syndicate (ASX:BC8) – potential acquisition
Argent Minerals (ASX:ARD) – announcement
Black Rock Mining (ASX:BKT) – strategic alliance and development agreement
Kyckr (ASX:KYK) – capital raising
E2 Metals (ASX:E2M) – capital raising
Bio-Gene Technology (ASX:BGT) – capital raising
First Graphene (ASX:FGR) – arrangements with planarTECH
Nova Minerals (ASX:NVA) – drilling update
Predictive Discovery (ASX:PDI) – drilling results

Markets

Gold: $US1,734.80 ($2,653.77) (+0.53%)

Silver: $US17.20 (+0.82%)

Oil (WTI): $US33.25 (-1.98%)

Oil (Brent): $US35.13 (-2.58%)

Coal: $US56.75 (-0.53%)

Iron 62pc Fe: $US91.42 (+0.24%)

AUD/USD: $US0.6535 (-0.03%)

Bitcoin: $US9,005.17 (-2.45%)

What got you talking last week

In case you missed it, last week we hosted Part 2 of our V-Con series that was focused on the West Australian gold sector.

We spoke with a number of companies as well as industry analysts including Bailleu Holst’s Richard Morrow and the Lowell Resources Fund’s John Forwood.

In Part 2 of our latest V-Con Gold out West – The Explorers, we continue our focus on the West Australian gold sector. Bringing you expert insights, panel discussions and presentations about whether the good times in gold are set to continue 📈🗣💻https://t.co/C4vWu09Tzj

— Stockhead (@StockheadAU) May 20, 2020

Also popular last week was the latest move by former nickel mogul Kerry Harmanis. On Wednesday we revealed he had put $2.6m into Brazil-focused explorer Centaurus (ASX:CTM).

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

Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

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

Last week’s winners

Last week’s losers

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