Stockhead’s Top 10 at 10, published 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).
Enova Mining (ASX:ENV) has inked a deal with a private individual Rodrigo de Brito Mello (RBM) to acquire 100% of the CODA tenements, which the company says gives it greater exposure to prospective rare earth enriched ionic absorption clay exploration tenements in Brazilian mining friendly state of Minas Gerais.
Debt collection provider Credit Clear (ASX:CCR) has upgraded guidance for FY24 following a strong H1 FY24 result with CCR full year revenue guidance up from $39–$41 million to $40–$42 million and underlying EBITDA guidance up from $1–$2 million to more than $3 million.
Oar Resources (ASX:OAR) says samples taken from its 100%-owned Oar Graphite Project on the Western Eyre Peninsula in South Australia sent to a tier 1 research facility in China for metallurgical evaluation have produced a saleable product with a fixed carbon content of 95.6%.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code Company Price % Volume Market Cap CDX Cardiex Limited 0.09 -25% 353,250 $30,066,229 BSE Base Res Limited 0.11 -21% 1,655,286 $164,921,659 CTN Catalina Resources 0.004 -20% 79,131 $6,192,434 EEL Enrg Elements Ltd 0.008 -20% 611,000 $10,099,650 SKN Skin Elements Ltd 0.004 -20% 100,000 $2,947,430 AUZ Australian Mines Ltd 0.018 -18% 14,037,087 $24,860,868 VIT Vitura Health Ltd 0.185 -18% 706,266 $129,571,602 PPE Peoplein Limited 1.05 -15% 328,194 $128,617,224 1MC Morella Corporation 0.003 -14% 882,190 $21,625,798 EVG Evion Group NL 0.024 -14% 1,017,508 $9,686,857
African mineral sands producer and developer Base Resources (ASX:BSE) has released its H1 FY24 results including decreases in average achieved product prices of 4% for rutile, 9% for ilmenite and 18% for zircon compared to the period. BSE’s Kwale operations ore grade of 2.39% was down from 3.90% in H1 FY23, as mining operations moved to lower grade ore bodies as
planned.
Catalina Resources (ASX:CTN) says aircore drilling has kicked off at its Laverton Project in the eastern goldfields in Western Australia with the program comprising 25 aircore holes for ~1,500m to test gold and REE targets.
The post Top 10 at 11: Enova inks rare earth Brazil deal, Credit Clear upgrades FY24 guidance appeared first on Stockhead.
