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

On Stockhead today, mineral sands are on the rise, Rio to buy instant top 10 lithium status, and which ASX stocks are takeover targets?

But first … the day ahead.

Scheduled to list today are oyster farmer East 33 (ASX:ETT) at 12.30pm (AEST) and WA copper-gold explorer M3 Mining (ASX:M3M) at 11.30am.

TRADING HALTS

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

Today

Pilbara Minerals (ASX:PLS) – cleansing correction
BPM Minerals (ASX:BPM) – cleansing correction
Imugene (ASX:IMU) – capital raising
Aroa Biosurgery (ASX:ARX) – capital raising
Magnis Energy Technologies (ASX:MNS) – capital raising
Victory Mines (ASX:VIC) – capital raising

Friday

Tasman Resources (ASX:TAS) – drill program update
Conico (ASX:CNJ) – drill program update
Zenith Minerals (ASX:ZNC) – capital raising
Melbana Energy (ASX:MAY) – capital raising
Rhythm Biosciences (ASX:RHY) – capital raising
Allegiance Coal (ASX:AHQ) – capital raising

MARKETS

Gold: $US1,806.74 ($2,450.81) (+0.45%)

Silver: $US24.95 ($33.84) (+1.12%)

Oil (WTI): $US72.37 (+1.00%)

Oil (Brent): $US74.73 (+0.34%)

Coal: $US148.10 (+0.49%)

Iron 62pc Fe: $US214.44 (-0.26%)

AUD/USD: $US0.7371 (+0.20%)

Bitcoin: $US39,901.28 (+4.10%)

WHAT GOT YOU TALKING YESTERDAY?

Lithium play Vulcan Energy Resources (ASX:VUL) listed at 20c back in mid-2018 and is up an astonishing ~4000% since, with a market cap of $980 million. Here’s why.

Vulcan owns what it says is Europe’s largest #lithium resource https://t.co/jq6BmCpQLS $VUL @VulcanEnergyRes

— Stockhead (@StockheadAU) July 27, 2021

Tomorrow is going to be better. Thanks JPow!

A bunch of Reddit users argued that US Fed Reserve chair Jerome Powell would not allow Wall Street to finish red three days in a row, so #Wallstreetbets user nobjos did a “quick and dirty” analysis.
This I what they came up with.
https://t.co/fPsPcR2ZTO

— Stockhead (@StockheadAU) July 27, 2021

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

YESTERDAY’S WINNERS

Scroll or swipe to reveal table. Click headings to sort.

Additive manufacturer Aurora Labs (ASX:A3D) announced it had engaged with BAE Systems Maritime Australia to perform test printing for its Hunter Class Frigate Program – which is building new ships for the navy to replace the current fleet.

Engineering firm Weststar Industrial (ASX:WSI) won a $145 million contract for Fortescue’s Iron Bridge Magnetite project.

Companies climbing off the back of quarterlies included Vonex (ASX:VN8) and Babylon Pump & Power (ASX:BPP).

YESTERDAY’S LOSERS

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Joint venture partners Coda Minerals (ASX:COD) and Torrens Mining (ASX:TRN) fell after the latest update from their IOCG project in South Australia.

Tesoro Resources (ASX:TSO) dropped after defining a maiden mineral resource for the Ternera gold deposit at its El Zorro project in Chile.