Top 10 at 11: Tony Sage’s European Lithium completes merger for Wolfsberg lithium project

Estimated read time 2 min read

Stockhead’s Top 10 at 11, 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).

Code Description Last % Volume MktCap AVW Avira Resources Ltd 0.002 100% 900,491 $2,133,790 WWG Wiseway Group 0.06 28% 58,813 $7,862,812 GBZ GBM Rsources Ltd 0.01 25% 1,257,862 $7,128,625 NRZ Neurizer Ltd 0.005 25% 150,000 $5,855,643 EUR European Lithium Ltd 0.105 22% 9,353,511 $119,904,569 360 Life360 Inc. 9.96 22% 1,089,430 $1,668,454,718 ADX ADX Energy Ltd 0.12 20% 664,221 $42,848,309 AON Apollo Minerals Ltd 0.025 19% 120,000 $14,623,201 SRX Sierra Rutile 0.1 19% 712,454 $35,635,862 HXG Hexagon Energy 0.014 17% 230 $6,154,991

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Tony Sage’s European Lithium (ASX:EUR) has announced publicly traded special purpose acquisition company Sizzle Corp (NASDAQ:SZZL) and EUR’s Wolfsberg lithium project in Austria have officially merged to form Critical Minerals Corp.

Critical Metals started trading on the NASADAQ on February 28 under the ticker CRML with the Wolfsberg lithium project in Austria becoming its initial flagship asset with the mine’s future construction and commissioning a key focus.

Family safety app Life360 (ASX:360) has announced its quarter and CY23 results including revenue of $305 million, a YoY increase of 33%, in line with guidance of $300 million-$310 million and core Life360 subscription revenue of $200 million, up 52% YoY. Net loss of $28.2 million was a $63.5 million improvement from CY22.

Focused on project development of low-emission fuels and energy materials Hexagon Energy Materials (ASX:HXG)  says it progressed confidential commercial discussions with potential strategic partners regarding its WAH2 project and received indicative pricing for several key aspects of the project during the December quarter.

 

LOSERS

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

Code Company Price % Volume Market Cap WEC White Energy Company 0.035 -26% 50 $5,322,061 IVX Invion Ltd 0.004 -20% 102,272 $32,122,661 NAE New Age Exploration 0.004 -20% 400,000 $8,969,495 PUR Pursuit Minerals 0.004 -20% 138,015 $14,719,857 FRX Flexiroam Limited 0.015 -17% 1,246,364 $11,890,929 M4M Macro Metals Limited 0.0025 -17% 469,999 $8,436,233 MOH Moho Resources 0.005 -17% 300,000 $3,235,069 8CO 8Common Limited 0.045 -15% 227,333 $11,877,030 CYM Cyprium Metals Ltd 0.012 -14% 183,035 $21,345,973 SEN Senetas Corporation 0.012 -14% 1,429,835 $21,997,967

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At Stockhead, we tell it like it is. While European Lithium is a Stockhead advertiser, the company did not sponsor this article.

The post Top 10 at 11: Tony Sage’s European Lithium completes merger for Wolfsberg lithium project appeared first on Stockhead.

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