Top 10 at 11: Good news for lithium and manganese explorers but a dairy spill looms for AHF 

Estimated read time 3 min read

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 KGD Kula Gold Limited 0.031 48% 12,573,396 $7,837,450 FRE Firebrickpharma 0.098 42% 4,712,546 $7,832,480 AVE Avecho Biotech Ltd 0.004 33% 600,000 $8,094,876 EDE Eden Inv Ltd 0.0025 25% 314,176 $6,727,274 OCN Oceanalithiumlimited 0.155 24% 361,526 $6,634,563 MSG Mcs Services Limited 0.017 21% 150,229 $2,773,395 BYH Bryah Resources Ltd 0.023 21% 2,184,434 $6,813,500 GLN Galan Lithium Ltd 0.84 21% 2,243,935 $245,489,485 CHK Cohiba Min Ltd 0.003 20% 86,833 $5,533,110 EEL Enrg Elements Ltd 0.006 20% 900,000 $5,049,825

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Bryah Resources (ASX:BYH) – Rocketing up the charts this morning, thanks to an impressive set of drilling results from the company’s 49% owned Bryah Basin manganese project.

Kula Gold (ASX:KGD) – Up this morning with a continuation of yesterday’s run, following news that drilling of an expanded target area at the Cobra lithium project is due to start next week.

Firebrick Pharma (ASX:FRE) – Continuing its climb from yesterday, on the back of an investor presentation.

ENRG Elements (ASX:EEL) – Up on news that the sale of 90% of its Ghanzi West copper-silver project is complete.

Galan Lithium (ASX:GLN) – Climbing on news that the company has secured a binding offtake deal with Glencore, with a juicy $70 – $100 million prepayment facility attached.

Oceana Lithium (ASX:OCN) – On the move today, thanks to identification of high priority lithium targets at its Monaro project in James Bay.

 

LOSERS

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

Code Company Price % Volume Market Cap CCEDA Carnegie Cln Energy 0.06 -40% 780 $31,285,147 LNU Linius Tech Limited 0.0015 -25% 113,801 $9,044,581 SIX Sprintex Ltd 0.01 -23% 1,740,694 $4,437,635 TTA TTA Holdings Ltd 0.011 -21% 247,678 $1,923,928 DNA Donaco International 0.031 -21% 501,000 $48,180,186 DOU Douugh Limited 0.004 -20% 10,583 $5,338,545 CUS Coppersearchlimited 0.125 -19% 50,000 $13,887,442 USL Unico Silver Limited 0.1 -17% 173,430 $35,526,191 OKJ Oakajee Corp Ltd 0.019 -14% 25,000 $2,011,813 M4M Macro Metals Limited 0.0035 -13% 290,000 $7,948,311

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Atlantic Lithium (ASX:A11)  – Coming off the boil after yesterday’s sudden surge.

Australian Dairy Nutritionals (ASX:AHF) – Down for the second day in a row, as boardroom scuffles escalate. There’s a potential spill in the works which could see all of the non-executive directors ousted.

 

 

 

The post Top 10 at 11: Good news for lithium and manganese explorers but a dairy spill looms for AHF  appeared first on Stockhead.

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