Top 10 at 11: Boron, lithium and a biotech breakthrough are driving the market this morning

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 opened at 10am (eastern time) and the data was 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 SIT Site Group Int Ltd 0.0035 40% 9,240,846 $6,506,226 CHM Chimeric Therapeutic 0.04 38% 28,688,690 $15,996,234 AMM Armada Metals 0.055 38% 915,234 $6,902,723 5EA 5Eadvanced 0.385 20% 571,778 $97,288,352 ASP Aspermont Limited 0.012 20% 4,079,864 $24,387,637 LVT Livetiles Limited 0.006 20% 33,667 $5,885,553 MOH Moho Resources 0.012 20% 4,330,713 $5,100,666 NWF Newfield Resources 0.13 18% 100,000 $97,025,197 EEL Enrg Elements Ltd 0.007 17% 19,434 $6,059,790 LML Lincoln Minerals 0.007 17% 269,999 $10,163,072

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5E Advanced Materials (ASX:5EA) – Up on news that its been given the green light to get things moving at its boron project by the US EPA.

Armada Metals (ASX:AMM) – Up on news that the company has signed a binding term sheet to acquire 16,750.28 hectares in the eastern portion of Minas Gerais State, Brazil from exploration company Antares Minerais Estratégicos, to go hunting for lithium.

Chimeric Therapeutics (ASX:CHM) – Up this morning on news of positive in vitro data for CHM 1301, its next generation chlorotoxin (CLTX) chimeric antigen receptor (CAR) NK cell therapy program

Site Group International (ASX:SIT) – Rising today on news of a major education and training contract in the Philippines.

 

LOSERS

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

Code Company Price % Volume Market Cap ACM Aus Critical Mineral 0.2 -44% 2,826,321 $10,703,250 ME1 Melodiol Glb Health 0.002 -33% 3,026,536 $12,654,126 APX Appen Limited 0.615 -29% 2,605,993 $135,584,185 KPO Kalina Power Limited 0.004 -20% 626,981 $7,575,979 LSR Lodestar Minerals 0.004 -20% 44,937 $10,116,987 MGT Magnetite Mines 0.295 -18% 547,467 $27,635,418 NMT Neometals Ltd 0.2 -18% 651,163 $134,633,654 1MC Morella Corporation 0.006 -14% 261,324 $43,145,149 SGC Sacgasco Ltd 0.006 -14% 704,620 $5,415,079 WSR Westar Resources 0.026 -13% 5,233,670 $5,560,725

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Australian Critical Minerals (ASX:ACM) – Down this morning after announcing it has identified 10  priority targets in the untested goldilocks zone at its Cooletha Lithium Project in WA.

Kalina Power (ASX:KPO) – Down this morning after extending the closing date of its entitlement offer.

ReNu Energy (ASX:RNE) y – Down after announcing an entitlement offer and delivering an investor presentation to the market.

Magnetite Mines (ASX:MGT) – Down this morning ahead of the company’s AGM later today.

Appen (ASX:APX) – Falling on news that the institutional component of its 1 for 3.65 accelerated non-renounceable entitlement offer has been completed.

Neometals (ASX:NMT) – Showing a drop this morning after closing out a $9.0 million placement.

The post Top 10 at 11: Boron, lithium and a biotech breakthrough are driving the market this morning appeared first on Stockhead.

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