Top 10 at 10: Falcon’s Farrelly find has the punters pumped

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 ME1 Melodiol Global Health 0.002 100% 327,584 $823,137 HCD Hydrocarbon Dynamic 0.004 33% 209,942 $2,425,747 LPD Lepidico Ltd 0.004 33% 3,724,558 $25,767,358 LSR Lodestar Minerals 0.002 33% 312,500 $3,035,096 FAL Falcon Metals 0.345 28% 1,676,321 $47,790,000 TM1 Terra Metals Limited 0.053 23% 273,183 $12,718,484 1MC Morella Corporation 0.003 20% 1,113,166 $15,446,999 TTI Traffic Technologies 0.006 20% 1,396,474 $4,622,490 AON Apollo Minerals Ltd 0.027 17% 101,000 $16,015,887 VSR Voltaic Strategic 0.017 17% 6,259,449 $7,005,006

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Falcon Metals (ASX:FAL) is now up ~75% since announcing a high grade mineral sands discovery, called Farrelly, Tuesday this week.

“While it is early days in our understanding of Farrelly, with more drilling and test work required, it is shaping up to become a significant mineral sands deposit, in proximity to other major deposits, but at far higher grades,” MD Tim Markwell says.

Voltaic Strategic (ASX:VSR) has picked up “encouraging” copper and gold in rock chips at the Meekatharra project in WA.

 

LOSERS

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

Security Description Last % Volume MktCap AUH Austchina Holdings 0.002 -33% 5,288,803 6,301,151 SIH Sihayo Gold Limited 0.002 -33% 520,830 36,612,769 AVE Avecho Biotech Ltd 0.003 -25% 406,243 12,677,188 BFC Beston Global Ltd 0.003 -25% 300,000 7,988,188 VML Vital Metals Limited 0.003 -25% 495,047 23,580,268 EDE Eden Innovations 0.002 -20% 100,000 9,195,678 FCT Firstwave Cloud Tech 0.016 -20% 399,211 34,200,387 RFT Rectifier Technolog 0.008 -20% 6,209,381 13,819,839 ROG Red Sky Energy 0.004 -20% 1,025,869 27,111,136 AHL Adrad Hldings 0.75 -19% 96,895 75,597,243

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