{"id":10027,"date":"2024-05-23T00:44:56","date_gmt":"2024-05-23T00:44:56","guid":{"rendered":"https:\/\/economicherald.net\/?p=10027"},"modified":"2024-05-23T00:44:56","modified_gmt":"2024-05-23T00:44:56","slug":"top-10-at-10-niobium-acquisitions-and-17m-at-10-6g-t-gold-bonanza","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10027","title":{"rendered":"Top 10 at 10: Niobium acquisitions and 17m at 10.6g\/t gold bonanza"},"content":{"rendered":"

Stockhead\u2019s 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.<\/p>\n

It\u2019s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.<\/p>\n

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every\u00a0ASX\u00a0stock has started trading.<\/p>\n

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WINNERS<\/strong><\/h2>\n

Stocks highlighted in yellow made market-moving\u00a0announcements\u00a0(click\u00a0headings to sort).<\/em><\/p>\n

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Security Description Last % Volume MktCap REE Rarex Limited 0.022 52% 8,728,442 $9,909,105 SER Strategic Energy 0.018 50% 6,290,903 $5,829,782 MRD Mount Ridley Mines 0.0015 50% 10,137,390 $7,784,883 ECT Environmental Clean Technologies 0.004 33% 304,578 $9,515,431 JAV Javelin Minerals Ltd 0.002 33% 250,491 $3,264,346 KAL Kalgoorlie Gold Mining 0.035 30% 4,757,170 $4,279,519 CAZ Cazaly Resources 0.031 29% 5,080,641 $10,911,272 IEC Intra Energy Corp 0.0025 25% 1,002,133 $3,381,563 MOM Moab Minerals Ltd 0.006 20% 200,000 $3,559,815 RNE Renu Energy Ltd 0.007 17% 127,299 $4,356,804 <\/p>\n

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Strategic Energy Resources (ASX:SER)<\/a> raised $2m via placement to explore the Achilles 1 polymetallic prospect in the South Cobar Basin.<\/p>\n

The placement, done at a small 8,.3% discount to the last traded price, is cornerstoned by Datt Capital<\/a> and Lowell Resources Fund (ASX:LRT).<\/a><\/p>\n

RareX (ASX:REE)<\/a> is the latest to jump on the niobium bandwagon, buying a large, early stage project in WA\u2019s East Yilgarn region.<\/p>\n

Kalgoorlie Gold Mining (ASX:KAL)<\/a> has pulled up thick, shallow gold in a first pass aircore drilling program at Wessex, near Hawthorn Resources\u2019 (ASX:HAW) Anglo Saxon open pit mine.<\/p>\n

Highlights include 28m at 1.27 g\/t gold from 36m.<\/p>\n

Strickland Metals (ASX:STK)<\/a> is also enjoying gold\u2019s glow today after drilling results \u2013 including a highlight 17m @ 10.6g\/t Au from 144.7m \u2013 at the Palomino prospect \u201cexceeded expectations\u201d.<\/p>\n

Amongst the big stocks $19bn-capped accounting company Xero (ASX:XRO)<\/a> was the standout after releasing a strong set of results for FY24.<\/p>\n

\u00a0<\/p>\n

LOSERS<\/strong><\/h2>\n

Stocks highlighted in yellow made market-moving announcements\u00a0(click headings to sort).<\/em><\/p>\n

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Security Description Last % Volume MktCap OAR OAR Resources Ltd 0.0015 -25% 19,000,000 $6,306,622 88E 88 Energy Ltd 0.0025 -17% 295,545,763 $86,678,016 ATH Alterity Therapeutics 0.005 -17% 109,000 $31,470,692 CDT Castle Minerals 0.005 -17% 107,929 $7,346,958 MTL Mantle Minerals Ltd 0.0025 -17% 1,202,049 $18,592,338 LPD Lepidico Ltd 0.003 -14% 707,605 $30,061,918 TSL Titanium Sands Ltd 0.006 -14% 590,635 $15,482,230 NVQ Noviqtech Limited 0.0035 -13% 1,006,666 $5,949,229 GUE Global Uranium 0.105 -13% 181,744 $31,882,468 AGD Austral Gold 0.021 -13% 16,694 $14,695,472 <\/p>\n

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The post Top 10 at 10: Niobium acquisitions and 17m at 10.6g\/t gold bonanza<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Stockhead\u2019s 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. 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