Top 10 at 10: Krakatoa fires up again while Pivotal hits thick copper

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 KTA Krakatoa Resources 0.02 82% 12462669 $5,193,179 HLX Helix Resources 0.004 33% 1249750 $6,969,438 NAE New Age Exploration 0.004 33% 5125000 $5,381,697 LEL Lithenergy 0.66 32% 862237 $56,000,785 PVT Pivotal Metals Ltd 0.02 18% 968887 $11,970,011 88E 88 Energy Ltd 0.0035 17% 6193991 $86,678,016 CUF Cufe Ltd 0.014 17% 197537 $13,753,348 ME1 Melodiol Global Health 0.0035 17% 48913 $2,020,462 POS Poseidon Nick Ltd 0.007 17% 52084 $22,281,209 RNE Renu Energy Ltd 0.007 17% 29547 $4,149,804

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Critical minerals-hunting junior Krakatoa Resources (ASX:KTA) is bubbling up again.  Yeah, we could’ve said erupting… but didn’t.

The company notes it’s identified a promising new niobium-REE gravity target at the Mt Clere tenement, located in the north-western margins of the Yilgarn Craton in Western Australia. It’s an extensive, 40km long target catchment area with potential for alkaline intrusive systems including carbonatites.

Infill soil sampling is underway.

Pivotal Metals (ASX:PVT) is concentrating its efforts in Quebec, Canada.

Lithium? Nah. Copper, nickel, and PGMs.  First assay results from the first two of 34 diamond drill holes are back from its 100% owned Horden Lake project. It’s hit some thick copper zones, with Cu-Ni-Au-PGM-Co mineralisation, including 37.5m at 1.31% Cu equivalent.

 

LOSERS

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

Code Company Price % Volume Market Cap JAV Javelin Minerals Ltd 0.001 -50% 37,550 $4,352,462 BAP Bapcor Limited 4.01 -31% 2,321,626 $1,961,804,250 LPD Lepidico Ltd 0.003 -25% 557,077 $30,553,232 SGC Sacgasco Ltd 0.006 -25% 1,984,000 $6,237,497 RML Resolution Minerals 0.002 -20% 336,076 $4,025,055 ROG Red Sky Energy 0.004 -20% 100,000 $27,111,136 ATH Alterity Therap Ltd 0.005 -17% 119,000 $31,470,692 EWC Energy World Corpor. 0.011 -15% 20,000 $40,025,976 TMG Trigg Minerals Ltd 0.006 -14% 61,006 $2,993,345 BCT Bluechiip Limited 0.007 -13% 75,000 $8,806,134

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