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).
Code Company Price % Volume Market Cap IS3 I Synergy Group Ltd 0.004 100% 400,000 $608,161 EDE Eden Inv Ltd 0.002 33% 511,620 $5,517,407 PUR Pursuit Minerals 0.006 20% 100,000 $14,719,857 BRX Belararoxlimited 0.245 20% 188,758 $17,472,535 GBE Globe Metals &Mining 0.038 19% 50,000 $21,627,763 SRJ SRJ Technologies 0.075 15% 28,653 $10,354,138 VNL Vinyl Group Ltd 0.11 15% 432,442 $58,056,505 NEM Newmont Corporation 66.01 14% 503,819 $9,560,215,429 BXN Bioxyne Ltd 0.008 14% 312,500 $14,326,518 SFG Seafarms Group Ltd 0.004 14% 1,000,000 $16,928,097
Dual-listed gold major Newmont (NYSE:NEM ASX:NEM, TSX:NGT) produced 2.2Moz in the first quarter of 2024, generating over US$1.4 billion in cash.
The US$50bn capped behemoth declared a dividend of US25c/sh for the quarter.
Full year guidance is unchanged at 6.93Moz at US$1400/oz all in sustaining costs.
“Australia’s only ASX-listed music company” Vinyl Group (ASX:VNL) says Richard White’s investment vehicle RealWise Group will convert its convertible note into ordinary shares, giving it a 34% stake.
“I remain enthusiastic about Vinyl,” says billionaire White, CEO and founder of $30.5bn-capped Wisetech (ASX:WTC).
“The conversion into equity of the note held by RealWise Group is in the best interest of Vinyl and shows my confidence in Vinyl’s business, its continued growth and in Josh and his leadership team.”
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
Code Company Price % Volume Market Cap MRQ Mrg Metals Limited 0.001 -33% 16613923 3787677.94 OAR OAR Resources Ltd 0.0015 -25% 21550315 6306621.96 TKL Traka Resources 0.0015 -25% 520001 3501317.11 CHW Chilwaminerals 0.32 -20% 900 18350000.4 AGR Aguia Res Ltd 0.018 -18% 2145375 14475650.5 RXL Rox Resources 0.185 -18% 334404 83104708.5 AGD Austral Gold 0.03 -17% 250000 22043208.7 PVT Pivotal Metals Ltd 0.015 -17% 417000 12674129.1 AEV Avenira Limited 0.005 -17% 1917020 14094204.4 WWG Wisewaygroupltd 0.115 -15% 12562 22584672.7
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