Top 10 at 10: Who’s digging for fluorite, the lithium killer?

Estimated read time 2 min read

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 made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap M2R Miramar 0.019 73% 10,613,017 $1,637,565 SLS Solstice Minerals 0.15 50% 2,850,057 $10,033,681 AXP AXP Energy Ltd 0.0015 50% 65,000 $5,824,681 SI6 SI6 Metals Limited 0.004 33% 230,000 $7,106,578 GNM Great Northern 0.015 25% 1,158,290 $1,855,549 HLX Helix Resources 0.005 25% 600,000 $9,292,583 CBH Coolabah Metals Limi 0.051 24% 205,203 $2,369,800 SBR Sabre Resources 0.023 21% 1,039,147 $7,110,977 AYT Austin Metals Ltd 0.006 20% 33,000 $6,425,957 RML Resolution Minerals 0.003 20% 200,000 $4,024,992

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Coolabah Metals (ASX:CBH) will acquire the Mundi Mundi project in NSW, which comes with two historical fluorite mines.

Fluoride-ion batteries also have the potential to displace lithium-ion batteries as they have a potential 8-fold increase in energy density relative to lithium-ion batteries, CBH says.

Explorer Miramar Resources (ASX:M2R) is working toward a maiden drilling campaign at the Bangemall Ni-Cu-Co PGE project and has expanded its 480km2 Eastern Goldfields tenement portfolio.

Geophysics has identified a “highly prospective” 1,200m zone coincident with surface copper anomalism at Helix Resources’ (ASX:HLX) Canbelego project in NSW, right next to the high grade Canbelego deposit.

A review of the uranium potential across Lincoln Minerals’ (ASX:LML) tenements on South Australia’s Eyre Peninsula has immediately identified several prospects, it says.

Solstice Minerals (ASX:SLS) will sell its Hobbes exploration license to top Aussie gold miner Northern Star (ASX:NST) for $12.5m.

Soil sampling has uncovered a bunch of gold and lithium targets at Sabre Resources’ (ASX:SBR) Cave Hill project in WA. The largest is 5km by 5km, it says.

 

LOSERS

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

Security Description Last % Volume MktCap ENT Enterprise Metals 0.002 -33% 35,000 $2,405,913 BNR Bulletin Res Ltd 0.047 -28% 4,729,304 $19,084,866 DM1 Desert Metals 0.026 -19% 4,208,089 $8,493,622 MHC Manhattan Corp Ltd 0.0025 -17% 1,369,935 $8,810,939 VML Vital Metals Limited 0.005 -17% 25,100 $35,370,402 AVM Advance Metals Ltd 0.037 -16% 2,249 $1,763,738 88E 88 Energy Ltd 0.006 -14% 23,809,993 $175,868,438 CUL Cullen Resources 0.006 -14% 9,090 $3,991,213 IMI Infinitymining 0.056 -14% 8,000 $7,718,970 AVE Avecho Biotech Ltd 0.0045 -10% 51,227 $15,846,485

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