{"id":10129,"date":"2024-05-27T00:48:48","date_gmt":"2024-05-27T00:48:48","guid":{"rendered":"https:\/\/economicherald.net\/?p=10129"},"modified":"2024-05-27T00:48:48","modified_gmt":"2024-05-27T00:48:48","slug":"top-10-at-10-copper-tie-ups-and-lithium-acquisitions-lead-the-asx-winners-on-monday","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10129","title":{"rendered":"Top 10 at 10: Copper tie-ups and lithium acquisitions lead the ASX winners on Monday"},"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 DY6 DY6 Metals 0.125 229% 4023484 $1,535,612 AMM Armada Metals 0.024 85% 1457212 $2,704,000 HYD Hydrix Limited 0.017 55% 1694281 $2,796,407 BNL Blue Star Helium Ltd 0.011 38% 10792495 $15,538,122 ECT Env Clean Tech Ltd. 0.004 33% 2255211 $9,515,431 A8G Australasian Metals 0.097 28% 123515 $3,961,158 NRZ Neurizer Ltd 0.0025 25% 1025000 $3,804,841 POL Polymetals Resources 0.33 20% 61975 $43,344,897 NAG Nagambie Resources 0.012 20% 585000 $7,966,357 VGL Vista Group Int Ltd 2 19% 65500 $398,107,638 <\/p>\n

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Armada Metals (ASX:AMM)<\/a> will acquire Midwest Lithium, an explorer targeting hard rock deposits in the US.<\/p>\n

Midwest, which was previously contemplating an ASX listing of its own, has ground in the spod-rich Black Hills of South Dakota.<\/p>\n

READ: \u2018Entire walls of just spodumene\u2019: Here\u2019s why lithium explorers fought tooth and nail for ground in the Black Hills of South Dakota<\/a><\/strong><\/p>\n

Australasian Metals (ASX:A8G)<\/a> signed an option to acquire a high pure quartz project in the Northern Territory.<\/p>\n

Metals Acquisition (ASX:MAC)<\/a> and Polymetals (ASX:POL)<\/a> formed a non-exclusive strategic alliance to extract greater value from both the Endeavor and CSA copper mines in the Cobar Basin of NSW.<\/p>\n

MAC will also invest up to $5m @ $0.35\/share in POL.<\/p>\n

\u201cExceptional\u201d high grade historical drill hits confirm the Tundulu rare earths project in Malawi as a significant asset, says DY6 Metals (ASX:DY6).<\/a><\/p>\n

Highlights from the 7000m program in 2014 included 101m @ 1.02% TREO and 3.6% phosphate, from surface.<\/p>\n

The State 16 SWSE 3054 development well at Blue Star Helium\u2019s (ASX:BNL)<\/a> Galactica helium project in Las Animas County, Colorado has been successfully drilled to its final total depth.<\/p>\n

Upon successful final testing and analysis, the well will be completed for tie-in to production facilities. Commercial discussions with interested buyers have been ongoing since Q423.<\/p>\n

And medtech Hydrix (ASX:HYD)<\/a> signed a $2.3m contract with a European medical technology company.<\/p>\n

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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 0.001 -50% 58000 $6,306,622 AUH Austchina Holdings 0.002 -33% 100000 $6,301,151 NGS NGS Ltd 0.002 -33% 100000 $753,682 AMD Arrow Minerals 0.003 -25% 680604 $40,557,460 ODE Odessa Minerals Ltd 0.003 -25% 16895 $4,173,130 MKL Mighty Kingdom Ltd 0.004 -20% 69482 $12,487,999 MTL Mantle Minerals Ltd 0.002 -20% 355078 $15,493,615 PRX Prodigy Gold NL 0.002 -20% 29704 $5,034,435 TAS Tasman Resources Ltd 0.004 -20% 84375 $3,563,346 CCE Carnegie Cln Energy 0.041 -16% 621096 $15,329,820 <\/p>\n

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The post Top 10 at 10: Copper tie-ups and lithium acquisitions lead the ASX winners on Monday<\/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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