Top 10 at 10: The ASX stocks triumphing and tumbling on Thursday

Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live 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 TKL Traka Resources 0.003 50% 418,333 $1,750,659 MCT Metalicity Limited 0.002 33% 5,000,000 $6,727,581 ME1 Melodiol Glb Health 0.002 33% 4,006,458 $7,093,236 RMX Red Mount Min Ltd 0.004 33% 1,500,000 $8,020,728 AJL AJ Lucas Group 0.013 30% 837,152 $13,757,296 ERL Empire Resources 0.005 25% 1,000,000 $4,451,740 FHS Freehill Mining Ltd. 0.005 25% 3,343,147 $11,399,338 TMX Terrain Minerals 0.005 25% 94,208 $5,413,711 GBZ GBM Rsources Ltd 0.011 22% 1,103,000 $5,582,896 ASP Aspermont Limited 0.012 20% 165,500 $24,387,637

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Metalicity (ASX:MCT) has executed formal agreements and settled all disputes with Nex Metals regarding the Kookynie and Yundamindra gold joint venture.

MCT will now hold 80% of the JV, up from 51%.

LOSERS

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

Code Company Price % Volume Market Cap NGY Nuenergy Gas Ltd 0.022 -29% 165,077 $45,909,620 NFL Norfolkmetalslimited 0.165 -28% 833,372 $8,124,749 MTO Motorcycle Hldg 1.95 -22% 643,746 $185,254,174 SIT Site Group Int Ltd 0.002 -20% 2,417,000 $6,506,226 AZL Arizona Lithium Ltd 0.033 -18% 48,704,547 $133,780,576 1MC Morella Corporation 0.005 -17% 2,453,414 $37,072,797 SPQ Superior Resources 0.011 -15% 7,450,709 $23,849,199 KTA Krakatoa Resources 0.035 -15% 2,021,114 $19,356,396 AVE Avecho Biotech Ltd 0.003 -14% 172,814 $11,092,540 CCO The Calmer Co Int 0.006 -14% 922,833 $5,996,633

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Maiden drilling at Norfolk Metals’ (ASX:NFL) Orroroo uranium project has not hit the palaeochannel(s) it was aiming for.

“Phase two drilling will continue to test this and the Company has gathered important information for further interpretation upon the completion of the maiden drill program,” it says.

Citing “margin pressures”, MotorCycle Holdings (ASX:MTO) expects to report underlying EBITDA of $14-$16m for the December half, down from $18m in the year-ago period.

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