10 at 11ish: 4D Medical gets US tick, First Lithium bounces on Blakala update

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, 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.

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.

WINNERS

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

Code Company Price % Volume Market Cap 4DX 4D Medical Limited 0.655 42% 1,092,656 $159,374,677 FL1 First Lithium Ltd 0.56 27% 676,896 $30,822,733 ASR Asra Minerals Ltd 0.01 25% 2,222,831 $11,573,097 INF Infinity Lithium 0.1 18% 782,136 $39,320,328 BEX Bikeexchange Ltd 0.008 14% 875,005 $10,028,408 A1N Arn Media Limited 0.95 13% 60,891,934 $256,610,074 FG1 Flynn Gold 0.1 12% 253,999 $12,138,050 IXR Ionic Rare Earths 0.029 12% 8,429,984 $102,858,728 KCC Kincora Copper 0.029 12% 142,617 $4,163,303 AZL Arizona Lithium Ltd 0.04 11% 9,614,875 $119,476,297

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Respiratory imaging technology company 4D Medical (ASX:4DX) has announced from January 1, 2024 its XVLVAS scans conducted in a US hospital outpatient facility for Medicare patients can be billed to the US Centers for Medicare & MedicaidServices (CMS) for a US$299 reimbursement.

First Lithium (ASX:FL1) says all eight diamond core drill holes have been completed and intersected significant spodumene mineralisation at Blakala, which sits within the company’s Gouna permit in Mali.

Asra Minerals (ASX:ASR) has exercised its option to purchase three exploration licenses at the rapidly emerging Lake Johnston pegmatite field in WA’s southern Yilgarn region.

Infinity Lithium (ASX:INF) has announced €18.8 million(A$31 million) in grant funding to Tecnología Extremeña del Litio for advancement of the San José lithium project by the Spanish Government’s Ministry of Industry, Trade and Tourism. “This is a significant milestone for both the company and the project,” managing director and CEO, Ryan Parkin says.

Seven West Media (ASX:SWM) has acquired a 14.9% shareholding in ARN Media (ASX:A1N) and also entered into a cash-settled equity swap with Barrenjoey Markets relating to a further 5% of A1N.

Flynn Gold (ASX:FG1) says Lithium exploration field work will start over recently identified pegmatites across a 5km corridor at its Lake Johnston project.

Ionic Rare Earths (ASX:IXR) says land access agreements are now secured for over 92% of the full 44km2 mining licence application for the stage One development of the Makuutu Project over Retention Licence (RL) 1693 in Uganda.

LOSERS

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

Code Company Price % Volume Market Cap RR1 Reach Resources Ltd 0.006 -50% 30,915,645 $38,523,565 AL8 Alderan Resource Ltd 0.009 -31% 15,839,336 $8,017,030 AMD Arrow Minerals 0.0015 -25% 130,300,387 $6,047,530 CCE Carnegie Cln Energy 0.0015 -25% 6,296,283 $31,285,147 EDE Eden Inv Ltd 0.002 -20% 153,679 $8,409,092 1MC Morella Corporation 0.006 -14% 678,186 $43,145,149 5EA 5E Advanced 0.295 -13% 121,572 $103,368,874 INR Ioneer Ltd 0.14 -13% 8,995,302 $337,764,212 AML Aeon Metals Ltd 0.008 -11% 99,271 $9,867,606 LSR Lodestar Minerals 0.004 -11% 155,000 $9,105,288

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Reach Resources (ASX:RR1) says Phase 1 drilling confirms the Bonzer Prospect in WA to host an extensive package of multiple, thick, stacked highly fractionated and fertile pegmatites with the potential to host significant lithium mineralisation.

Alderan Resources (ASX:AL8) has completed the acquisition of 100% of the issued capital in Parabolic Lithium, which has the right to acquire a 100% interest in seven lithium exploration projects in the Brazilian state of Minas Gerais.

At Stockhead, we tell it like it is. While First Lithium, Asra Minerals, Infinity Lithium and Alderan Resources are a Stockhead advertisers, they did not sponsor this article.

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