Good morning, and welcome to Stockhead’s Top 10 at the special time of… shortly-after-11-ish today.
It’s designed (and written) to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading – for better or worse – and then we do our best to make sense of who’s moving where and why it might be happening.
Anyway… here’s what’s been happening since the doors were opened this morning. The ASX opened slightly higher today, with the benchmark rising to +0.61% at the time of tapping on keys. So far, all sectors are in the green with Telcos, Real Estate and Materials looking particularly strong.
What’s not strong is my broadband connection this morning. Let’s see if it holds together long enough to at least post the following charts…
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Security Description Last % Volume MktCap TKL Traka Resources 0.002 100% 498,000 $1,750,659 KLI Killiresources 0.066 53% 15,988,232 $5,169,621 TMK TMK Energy Limited 0.004 33% 500,000 $20,764,836 LYK Lykosmetalslimited 0.03 30% 451,764 $4,332,178 SLM Solismineralsltd 0.11 28% 445,857 $6,618,050 FBM Future Battery 0.035 25% 956,526 $18,543,726 AHN Athena Resources 0.0025 25% 203,926 $2,140,935 ATH Alterity Therap Ltd 0.005 25% 125,000 $20,980,461 ME1 Melodiol Glb Health 0.0025 25% 877,082 $612,527 YPB YPB Group Ltd 0.0025 25% 5,000,000 $4,615,923
Killi Resources (ASX:KLI) says that fresh assays indicate a new epithermal gold system at its Kaa target in Queensland, nicely exposed at surface.
It’s talking:
• Multiple high-grade Au-Cu rock chips including “an outstanding 238g/t Au and 5.4% Cu.”
• Results extend the current mineralisation over 1.8km and remains open along strike with results confirming highgrade gold-copper-silver mineralisation in association with highly anomalous pathfinder elements of antimony, bismuth, mercury and tellurium..
• Exploration field programs continue with surface mapping and an IP survey currently underway, while a maiden drill program will follow the IP Survey.
Future Battery Minerals (ASX:FBM): Phase 4B RC drilling at Future Battery Minerals’ Kangaroo Hills lithium asset has extended the thick Big Red pegmatite a further 200m.
in brief:
• Assays from a 19-hole RC drilling campaign for 3,109m have expanded FMB’s Big Red pegmatite.
• Results including 27m at 1.04% Li20 from 118m have been received.
• The next round of drilling will focus on walk-up targets at the newly acquired Miriam project.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code Company Price % Volume Market Cap CLZ Classic Min Ltd 0.001 -50% 19,005,133 $1,616,730 LPD Lepidico Ltd 0.002 -33% 349,666 $25,767,358 ALR Altairminerals 0.004 -20% 1,050,052 $21,482,888 BXN Bioxyne Ltd 0.004 -20% 310,520 $10,233,227 HLX Helix Resources 0.002 -20% 1,641,209 $8,160,484 PAB Patrys Limited 0.006 -14% 41,502 $14,402,131 AAU Antilles Gold Ltd 0.0035 -13% 69,900 $3,986,140 ADD Adavale Resource Ltd 0.0035 -13% 316,113 $4,261,061 MEM Memphasys Ltd 0.007 -13% 5,390,102 $11,061,985 PWN Parkway Corp Ltd 0.007 -13% 1,300,000 $22,136,911
The post Top 10 at 11-ish: A Big Red peggie gets even bigger and QLD gets a high-grade gold-copper hit appeared first on Stockhead.
