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.
The S&P/ASX200 is up today, gaining 10.60 points or 0.14% to 7,744.10 at 10.30am (AEDT).
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code Description Last % Volume MktCap MAG Magmatic Resources 0.073 62% 3,198,845 $13,756,176 RR1 Reach Resources Ltd 0.003 50% 102,000 $6,420,594 VUK Virgin Money Uk PLC 4.07 33% 964,328 $2,039,308,682 IMC Immuron Limited 0.165 32% 6,324,826 $28,474,793 8VI 8Vi Holdings Limited 0.05 25% 22,000 $1,676,457 ADG Adelong Gold Limited 0.005 25% 400,000 $2,871,956 VAL Valor Resources Ltd 0.0025 25% 307,740 $9,178,027 3DP Pointerra Limited 0.059 20% 4,481,702 $35,615,924 AD1 AD1 Holdings Limited 0.006 20% 200,000 $4,493,242 ADD Adavale Resource Ltd 0.006 20% 245,000 $5,055,861
Magmatic Resources (ASX:MAG) has announced the execution of a farm-in and JV agreement with FMG Resources, a wholly-owned subsidiary of Fortescue (ASX:FMG) to explore the Myall Project in central west New South Wales.
FMG will spend up to $14m over six years to earn up to 75% JV interest in the project, which MAG says hosts significant porphyry-associated copper-gold mineralisation within a similar geological setting to the Northparkes copper-gold mine 50km to the south.
Cloud platform for the processing and analysis of 3D LiDAR and 2D imagery Pointerra (ASX:3DP) says US energy utility customer Florida Power & Light (FPL) has awarded the company a US$1.9m contract. FPL will use 3DP’s AI driven analytics platform to extract information and insight from 3D LiDAR and imagery data.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code Company Price % Volume Market Cap ACS Accent Resources NL 0.006 -40% 1,790 $4,731,273 HHR Hartshead Resources 0.008 -20% 8,934,941 $28,086,821 MCT Metalicity Limited 0.002 -20% 108,995 $11,212,634 TMK TMK Energy Limited 0.004 -20% 10,000 $30,612,897 VML Vital Metals Limited 0.004 -20% 17,508 $29,475,335 YOJ Yojee Limited 0.045 -18% 361,630 $9,577,321 AL8 Alderan Resource Ltd 0.005 -17% 3,000,000 $6,641,168 EMT Emetals Limited 0.005 -17% 2,000 $5,100,000 IPB IPB Petroleum Ltd 0.01 -17% 100,000 $6,781,469 MOH Moho Resources 0.005 -17% 201,245 $3,235,069
Digital platform for the logistics industry Yojee (ASX:YOJ) says it’s received firm commitments to raise more than $2.5 m from sophisticated investors, including more than $1.5m from the second placement announced in November and a further $1 million placement on the same terms due to strong demand from new and existing investors.
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