On Stockhead today, the South Americans want to set up an OPEC for lithium, expert stock picks in the hot copper space, and the election renewable energy policies that will affect ASX stocks.

But first, here’s what you need to know about the week ahead.

 

The week ahead in data

Today you should be hanging out for the Export and Import price index as well as Australia’s Producer Price Index (PPI) Finished Goods — both include year-on-year and quarterly data.

Both are sent out by the Australian Bureau of Statistics (ABS).

 

Company news

There are no shares coming out of escrow today, but there are six companies due out of a trading halt either today or on Monday.

Friday:

  • Schrole Group (ASX: SCL) – capital raising
  • Alara Resources (ASX: AUQ) – proposed finance arrangements
  • Korab Resources (ASX: KOR) – capital raising
  • Global Vanadium (ASX: GLV) – potential acquisition

Monday:

  • Tempo Australia (ASX: TPP) – project cost increase
  • GetSwift (ASX: GSW) – board changes

 

Commodities

Gold: $US1,277.03 ($1,820.34) +0.14%

Silver: $US14.91 +0.02%

Oil (Brent): $US74.12 +2.99%

Oil (WTI): $US65.08 +1.70%

Coal: $US87.20 -0.46%

Iron ore 62pc fe: $US92.95 -0.36%

AUD/USD: $US0.7015

 

Want this headstart in your inbox every morning at 8am? Go on. Subscribe here. It’s free

 

What got you talking this week

Newcomers on the Stockhead Facebook chat forum were keen to share their views on what they think — or hope — will be hot over the next few months.

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Wednesday, April 24:

 

 

Wednesday’s winners

Consolidated Zinc (ASX:CZL) came out of a trading halt with a maiden ore reserve for the Plomosas Mine of 73,850 tonnes at 13.82 per cent zinc, 2.38 per cent lead and 17.86g/t silver.

MRG Metals (ASX:MRQ) presented an airborne magnetic and radiometric geophysical survey “on time and on budget” which sent them up 50 per cent.

And Gas2Grid (ASX:GGX) issued a quarterly report that says expenses in the next quarter are expected to eat half of their remaining cash.

ASX codeCompany namePrice% ChgMarket capVolume
CAD Caeneus Minerals Ltd0.002100%$3,700,0002.3M
MRD Mount Ridley Mines Ltd0.002100%$4,700,0002.0M
T3D 333D Ltd0.002100%$1,800,0003.5M
VMGVDM Group Ltd0.002100%$12,600,0001.4M
CZLConsolidated Zinc Ltd0.0270%$18,800,0006.6M
KLHKalia Ltd0.00350%$7,500,000210.0k
MRQMRG Metals Ltd0.0150%$4,000,0001.1M
GGXGas2Grid Ltd0.00433%$4,600,000418.0k
SKNSkin Elements Ltd0.0531%$6,800,0001.4M
RMGRMG Ltd0.01330%$8,000,000164.6k
PVDPura Vida Energy NL0.0227%$4,800,0002.3M
EPMEclipse Uranium Ltd0.00325%$2,900,00027.8k
NVONVOI Ltd0.00525%$5,200,000405.0k
RIERiedel Resources Ltd0.0125%$4,200,000120.0k
VKAViking Mines Ltd0.01122%$3,500,0001.6M
N27Northern Cobalt Ltd0.0721%$3,700,00084.9k
NMSNeptune Marine Services Ltd0.2321%$14,100,000974
DHRDark Horse Resources Ltd0.00620%$11,900,0001.1M
DTRDateline Resources Ltd0.00320%$15,900,0009.6M
MRVMoreton Resources Ltd0.00620%$18,600,000289.9k
SBRSabre Resources Ltd0.00620%$2,400,000120.0k
FELFe Ltd0.0220%$7,000,000150.0k

 

Wednesday’s losers

Alloy Resources (ASX:AYR) dipped after issued the docs for its $750,000 capital raising.

Minrex Minerals (ASX:MRR) reported that it spent $21,000 on exploration and evaluation in the March quarter, and $139,000 on admin.

ASX codeCompany namePrice% ChgMarket CapVolume
AHNAthena Resources Ltd/Australia0.007-42%$1,900,000297.5k
AYRAlloy Resources Ltd0.002-33%$3,200,0002.3M
ENTEnterprise Metals Ltd0.009-25%$3,600,0006.0k
ROGRed Sky Energy Ltd0.003-25%$3,300,0002.0k
PWNParkway Minerals NL0.003-25%$1,800,00020.0k
PNNPepinNini Lithium Ltd0.003-25%$2,900,000338.6k
AVWAvira Resources Ltd0.003-25%$3,000,00013.7M
MRRMinrex Resources Ltd0.015-25%$1,300,00051.8k
IECIntra Energy Corp Ltd0.02-22%$10,500,0001.9M
PECPerpetual Resources Ltd0.03-22%$6,400,00070.0k
MXRMaximus Resources Ltd0.06-21%$1,800,000173.4k
LNYLaneway Resources Ltd0.012-20%$46,000,00050.1M
UUVUUV Aquabotix Ltd0.008-20%$1,300,0001.1M
SGOStream Group Ltd0.008-20%$1,800,00022
SCISilver City Minerals Ltd0.008-20%$2,300,0001.3M
MHCManhattan Corp Ltd0.004-20%$3,000,0001.5M
IVOInvigor Group Ltd0.004-20%$10,600,0006.4M
AOAAusmon Resources Ltd0.004-20%$2,200,000301.0k
ALTAnalytica Ltd0.004-20%$13,300,000640.3k

 

That’s all you need to know. Move along now.