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 CNJ Conico Ltd 0.002 100% 1,000,000 $1,805,095 AXN Alliance Nickel Ltd 0.069 97% 4,533,560 $25,404,387 MTL Mantle Minerals Ltd 0.003 50% 7,978,682 $12,394,892 HTA Hutchison 0.035 21% 346 $393,602,749 88E 88 Energy Ltd 0.0035 17% 4,748,170 $86,678,016 GRL Godolphin Resources 0.028 17% 60,000 $4,584,425 MQR Marquee Resource Ltd 0.015 15% 994,329 $5,373,997 GMN Gold Mountain Ltd 0.004 14% 350,000 $10,414,270 TAL Talius Group Limited 0.008 14% 2,500,000 $18,083,920 RNT Rent.Com.Au Limited 0.025 14% 240,625 $13,852,290
Alliance Nickel’s (ASX:AXN) NiWest nickel-cobalt project is granted Major Project Status (MSP) by the Australian Government, which helps streamline approvals for mine development.
MSP is awarded to Australian companies and projects identified to be strategically significant, “and that have the potential to contribute considerably to the nation’s economic growth and employment opportunities”.
Gold hunter First Au’s (ASX:FAU) new exploration lease EL008058 in Victoria includes the historical King Cassilis mine which, according to records, produced over 3,000 ounces of gold at a grade of 14.4g/t.
And exploration minnow Marquee Resources (ASX:MQR) drills into a highlight 14m @ 980ppm rare earths from surface at the Redlings project.
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
Security Description Last % Volume MktCap AXP AXP Energy Ltd 0.001 -50% 1,917,233 $11,649,361 SI6 SI6 Metals Limited 0.002 -33% 1,265,767 $7,106,578 SKN Skin Elements Ltd 0.003 -25% 40,000 $2,357,944 OSX Osteopore Limited 0.097 -22% 2,071,251 $13,619,354 BFC Beston Global Ltd 0.004 -20% 978,963 $9,985,234 NRZ Neurizer Ltd 0.002 -20% 24,000 $4,132,948 ROG Red Sky Energy 0.004 -20% 50,000 $27,111,136 BBN Baby Bunting Grp Ltd 1.57 -17% 660,137 $256,322,329 PAT Patriot Lithium 0.075 -18% 720,630 $6,335,159 TRJ Trajan Group Holding 0.75 -17% 169,727 $137,755,557
Baby Bunting (ASX:BBN) was punted after reporting softening store sales over the past 2 months, “reflecting the ongoing cost-of-living pressures being experienced by new parents with young families”.
The post Top 10 at 10: Old gold mine dusted off, nickel project nabs Major Project Status appeared first on Stockhead.
