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 MGU Magnum Mining & Exploration 0.023 64% 6,050,428 $11,331,060 LPD Lepidico Ltd 0.003 50% 2,283,492 $17,178,239 MTL Mantle Minerals Ltd 0.003 50% 3,166,166 $12,394,892 RML Resolution Minerals 0.003 50% 200,000 $3,220,044 PUA Peak Minerals Ltd 0.004 33% 5,000,000 $3,124,130 RNE Renu Energy Ltd 0.009 29% 11,280,696 $4,841,438 PNN Power Minerals Ltd 0.135 29% 311,954 $9,723,529 EXL Elixinol Wellness 0.005 25% 2,753,188 $5,204,296 LMG Latrobe Magnesium 0.063 24% 2,273,026 $98,749,636 ME1 Melodiol Glb Health 0.003 20% 783,454 $1,783,718
Magnum Mining and Exploration (ASX:MGU) and partners will attempt to raise more than US$210m to advance their green pig iron project in Saudi Arabia.
The Tassie Government announces an $8m funding package for project developer Countrywide Hydrogen, a subsidiary of ReNu Energy (ASX:RNE).
Explorer Power Minerals (ASX:PNN) has a new niobium-rare earths project in WA’s West Arunta region, immediately adjacent to WA1 Resources’ (ASX:WA1) major niobium discovery, Luni.
Elixinol Wellness (ASX:EXL) receives $2.3m from divesting its minority stake in Altmed Pets.
And Latrobe Magnesium (ASX:LMG) says it is the first company in the world to produce magnesium oxide (MgO) from brown coal fly ash, a waste product from brown coal power generation.
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% 1,119,999 $ 11,649,361.35 MRD Mount Ridley Mines 0.001 -50% 500,000 $ 15,569,765.73 CNJ Conico Ltd 0.001 -33% 220,000 $ 2,707,643.16 HMD Heramed Limited 0.013 -26% 1,773,418 $ 6,181,871.82 EDE Eden Inv Ltd 0.0015 -25% 202,350 $ 7,356,542.23 CAV Carnavale Resources 0.005 -17% 250,000 $ 20,541,310.37 GGE Grand Gulf Energy 0.006 -14% 6,706 $ 14,666,729.20 XRG Xreality Group Ltd 0.031 -14% 103,375 $ 19,769,016.13 BNL Blue Star Helium Ltd 0.007 -13% 21,529 $ 15,538,122.25 CHK Cohiba Min Ltd 0.0035 -13% 1,304,714 $ 14,352,976.74
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