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

 

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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 code Company name Price % Chg Market cap Volume
CAD Caeneus Minerals Ltd 0.002 100% $3,700,000 2.3M
MRD Mount Ridley Mines Ltd 0.002 100% $4,700,000 2.0M
T3D 333D Ltd 0.002 100% $1,800,000 3.5M
VMG VDM Group Ltd 0.002 100% $12,600,000 1.4M
CZL Consolidated Zinc Ltd 0.02 70% $18,800,000 6.6M
KLH Kalia Ltd 0.003 50% $7,500,000 210.0k
MRQ MRG Metals Ltd 0.01 50% $4,000,000 1.1M
GGX Gas2Grid Ltd 0.004 33% $4,600,000 418.0k
SKN Skin Elements Ltd 0.05 31% $6,800,000 1.4M
RMG RMG Ltd 0.013 30% $8,000,000 164.6k
PVD Pura Vida Energy NL 0.02 27% $4,800,000 2.3M
EPM Eclipse Uranium Ltd 0.003 25% $2,900,000 27.8k
NVO NVOI Ltd 0.005 25% $5,200,000 405.0k
RIE Riedel Resources Ltd 0.01 25% $4,200,000 120.0k
VKA Viking Mines Ltd 0.011 22% $3,500,000 1.6M
N27 Northern Cobalt Ltd 0.07 21% $3,700,000 84.9k
NMS Neptune Marine Services Ltd 0.23 21% $14,100,000 974
DHR Dark Horse Resources Ltd 0.006 20% $11,900,000 1.1M
DTR Dateline Resources Ltd 0.003 20% $15,900,000 9.6M
MRV Moreton Resources Ltd 0.006 20% $18,600,000 289.9k
SBR Sabre Resources Ltd 0.006 20% $2,400,000 120.0k
FEL Fe Ltd 0.02 20% $7,000,000 150.0k

 

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 code Company name Price % Chg Market Cap Volume
AHN Athena Resources Ltd/Australia 0.007 -42% $1,900,000 297.5k
AYR Alloy Resources Ltd 0.002 -33% $3,200,000 2.3M
ENT Enterprise Metals Ltd 0.009 -25% $3,600,000 6.0k
ROG Red Sky Energy Ltd 0.003 -25% $3,300,000 2.0k
PWN Parkway Minerals NL 0.003 -25% $1,800,000 20.0k
PNN PepinNini Lithium Ltd 0.003 -25% $2,900,000 338.6k
AVW Avira Resources Ltd 0.003 -25% $3,000,000 13.7M
MRR Minrex Resources Ltd 0.015 -25% $1,300,000 51.8k
IEC Intra Energy Corp Ltd 0.02 -22% $10,500,000 1.9M
PEC Perpetual Resources Ltd 0.03 -22% $6,400,000 70.0k
MXR Maximus Resources Ltd 0.06 -21% $1,800,000 173.4k
LNY Laneway Resources Ltd 0.012 -20% $46,000,000 50.1M
UUV UUV Aquabotix Ltd 0.008 -20% $1,300,000 1.1M
SGO Stream Group Ltd 0.008 -20% $1,800,000 22
SCI Silver City Minerals Ltd 0.008 -20% $2,300,000 1.3M
MHC Manhattan Corp Ltd 0.004 -20% $3,000,000 1.5M
IVO Invigor Group Ltd 0.004 -20% $10,600,000 6.4M
AOA Ausmon Resources Ltd 0.004 -20% $2,200,000 301.0k
ALT Analytica Ltd 0.004 -20% $13,300,000 640.3k

 

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