Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading – for better or worse – and then I do my best to make sense of who’s moving where and why it might be happening.
Anyway, here’s what’s been happening since the bell rang this morning.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code Description Last % Volume MktCap ICL Iceni Gold 0.045 96% 3,516,936 $5,670,904 APC Aust Potash Ltd 0.0015 50% 1,000,802 $4,000,189 PRM Prominence Energy 0.008 33% 4,053,855 $1,170,758 TX3 Trinex Minerals Ltd 0.004 33% 1,500,000 $5,234,728 HHR Hartshead Resources 0.009 29% 9,068,757 $19,660,775 ME1 Melodiol Global Health 0.0025 25% 966,366 $1,426,974 MOH Moho Resources 0.005 25% 845,000 $2,156,713 ROG Red Sky Energy 0.005 25% 868,501 $21,688,909 GTR Gti Energy Ltd 0.006 20% 258,576 $10,249,735 RDG Res Dev Group Ltd 0.032 19% 3,125 $79,673,169
Additional fieldwork at the Iceni Gold (ASX:ICL) Christmas Gift prospect in the Everleigh Well area has exposed multiple bonanza gold bearing quartz veinlets within a narrow, sheared basalt-interflow sediment contact. The structure has now been exposed over a 20m strike length that is open and has advanced the geological model to provide a priority drill target.
Prominence Energy (ASX:PRM) has announced better than expected sampling results at the Djideli processing site in Kazakhstan undertaken by Umine LLP (Umine), which is 20% owned by PRM.
The company says Umine has identified an opportunity to decontaminate and remediate the abandoned site and intends to collect, process and sell the uranium during the rehabilitation process.
Trinex Minerals (ASX:TX3) has inked a deal with ALX Resources Corporation (TSX-V: AL) to acquire up to a 75% interest in the Gibbons Creek Uranium Project in Northern Saskatchewan, Canada.
Hartshead Resources (ASX:HHR) says it has been notified by the North Sea transition Authority, as the regulatory body for oil and gas exploration in the UK, that it has been successful in winning 10 blocks in the recent UK 33rd Licensing Round.
HHR says the blocks all contain discovered hydrocarbons and present a range of re-development, development and appraisal opportunities.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code Description Last % Volume MktCap OSX Osteopore Limited 0.064 -79% 3,091,730 $3,201,894 ADG Adelong Gold Limited 0.003 -25% 199,988 $4,321,956 NVQ Noviqtech Limited 0.003 -25% 500,000 $5,949,229 ECT Env Clean Tech Ltd 0.004 -20% 4,067 $15,859,052 GES Genesis Resources 0.004 -20% 40,000 $3,914,206 GTI Gratifii 0.009 -18% 1,284,860 $17,732,495 CCO The Calmer Co Int 0.005 -17% 1,012,620 $8,165,278 AEV Avenira Limited 0.006 -14% 50,000 $16,443,238 BXN Bioxyne Ltd 0.006 -14% 1,358,157 $14,326,518 POS Poseidon Nick Ltd 0.006 -14% 521,007 $25,994,743
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