Top 10 at 11: Solid drilling results and a massive dope deal have tongues wagging today 

Estimated read time 3 min read

Stockhead’s Top 10 at shortly-before-11-ish, produced with a spring in my step because by this time tomorrow, I’ll be miles away fishing for flathead, and doing my best not to think about anything at all to do with numbers for a week.

Top 10 highlights the best (and sometimes worst) performing ASX stocks in morning trade using live, fresh out of the deep-fryer 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 have made market-moving announcements (click headings to sort).

Code Company Price % Volume Market Cap CCE Carnegie Cln Energy 0.002 100% 250,187 $15,642,574 TOY Toys R Us 0.013 44% 5,062,031 $8,306,262 ECS ECS Botanics Holding 0.029 32% 15,592,823 $24,348,075 HVY Heavymineralslimited 0.115 21% 247,224 $5,474,239 NIM Nimyresourceslimited 0.23 21% 468,952 $14,718,854 BXN Bioxyne Ltd 0.013 18% 120,000 $20,918,099 RMX Red Mount Min Ltd 0.004 14% 500,000 $9,357,516 MGA Metalsgrovemining 0.135 13% 73,000 $4,464,060 HLX Helix Resources 0.0045 13% 87,743 $9,292,583 LCY Legacy Iron Ore 0.018 13% 784,406 $102,509,219

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ECS Botanics (ASX:ECS) – Flying high this morning on news of a $24 million offtake agreement with MediCann Health for supply of medicinal cannabis. What a time to be alive.

Nimy Resources (ASX:NIM) – RC drilling at Mons has intersected 13m of massive sulphide mineralisation in total, containing pyrrhotite, pentlandite, chalcopyrite and pyrite.

Heavy Minerals (ASX:HVY) – Up after confirming IHC Mining have been awarded the Port Gregory PFS following the successful completion by IHC Mining of HVY’s PGSS and PEA.

Legacy Iron Ore (ASX:LCY) – Rising on news that a significant milestone has been reached at the Mount Celia gold deposit, with the Blue Peter pit to go into production.

MetalsGrove Mining (ASX:MGA) – Maiden RC drilling has intersected a mineralised shear zone – up to 17m* including up to 3.5% zinc, 0.8% copper, 0.5% tungsten, 0.2% lead and 1500ppm TREO.

Toys R Us (ASX:Toy) – Popped tidily this morning on no apparent news.

 

LOSERS

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

Code Company Price % Volume Market Cap MRD Mount Ridley Mines 0.001 -50% 109,853 $15,569,766 AVH Avita Medical 3.42 -23% 300,241 $269,342,398 DCX Discovex Res Ltd 0.002 -20% 716,666 $8,256,420 LNU Linius Tech Limited 0.002 -20% 863,012 $10,574,477 AVM Advance Metals Ltd 0.005 -17% 2,399,990 $3,531,352 NES Nelson Resources. 0.005 -17% 1,000,000 $3,681,566 ZMI Zinc of Ireland NL 0.019 -14% 120,000 $4,689,174 SP8 Streamplay Studio 0.008 -11% 39,473 $10,243,114 MGU Magnum Mining & Exp 0.025 -11% 690,325 $22,508,119 LLO Lion One Metals Ltd 0.965 -10% 10,000 $15,029,495

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Avita Medical (ASX:AVH) – Down sharply after lodging a Form 8-K with the US SEC, covering a recent US FDA letter requesting additional information on AVH’s premarket approval supplement application for its latest device, RECELL GO. It means a 4-6 month delay for the product while AVH answers the FDA’s questions.

Advance Metals (ASX:AVM) – Down on no news or announcement.

DiscovEX Resources (ASX:DCX) – Also down on no news.

 

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