Top 10 at 10: Which tiny explorer caught the eye of one of Australia’s biggest gold companies?

Estimated read time 2 min read

Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.

 

WINNERS

Stocks highlighted in yellow made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap NVU Nanoveu Limited 0.039 77% 9,799,773 $9,805,303 FTC Fintech Chain Ltd 0.015 50% 22,132 $6,507,696 88E 88 Energy Ltd 0.003 50% 15,828,730 $57,785,344 NRZ Neurizer Ltd 0.003 50% 100,000 $3,804,861 HCT Holista CollTech Ltd 0.007 40% 80,000 $1,394,000 OAU Ora Gold Limited 0.0055 38% 7,758,226 $23,224,004 MHI Merchant House 0.045 29% 141,333 $3,299,327 ALR Altair Minerals 0.005 25% 373,669 $17,186,310 AHK Ark Mines Limited 0.165 22% 12,018 $7,485,266 1MC Morella Corporation 0.003 20% 666,947 $15,446,999

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Films and coating company Nanoveu (ASX:NVU) signs a binding deal giving Rahum Nanotech exclusive distribution rights in South Korea for the EyeFly3D product, which “allows users to experience 3D without the need for glasses on everyday handheld devices”.

NVU says Rahum must receive orders of ~$30m by the end of 2026 to maintain exclusivity.

Explorer Ora Gold (ASX:OAU) will join forces with miner Westgold (ASX:WGX) to bring OAU’s high grade 240,000oz Crown Prince deposit into production.

WGX will also pick up $6m worth of shares in the junior for a ~15% cornerstone stake.

The stock formerly known as Cohiba, Altair Minerals (ASX:ALR), is exploring its historical Wee MacGregor copper project in Queensland’s Mt Isa region.

And Merchant House International (ASX:MHI) will sell its 33% shareholding in a leather products company for ~$8.3m.

 

LOSERS

Stocks highlighted in yellow made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap SNX Sierra Nevada Gold 0.079 -34% 10468 $9,128,991 ME1 Melodiol Global Health 0.002 -33% 821211 $2,469,412 KPO Kalina Power Limited 0.003 -25% 130 $9,945,576 LPD Lepidico Ltd 0.003 -25% 1199999 $34,356,478 SI6 SI6 Metals Limited 0.003 -25% 2463673 $9,475,438 EXL Elixinol Wellness 0.004 -20% 14597 $6,505,370 SPQ Superior Resources 0.008 -20% 100000 $20,012,204 CUS Copper Search 0.11 -19% 180821 $12,458,530 BCT Bluechiip Limited 0.005 -17% 25052 $6,604,601 5EA 5Eadvanced 0.22 -15% 357500 $86,727,118

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