{"id":10241,"date":"2024-05-29T00:40:15","date_gmt":"2024-05-29T00:40:15","guid":{"rendered":"https:\/\/economicherald.net\/?p=10241"},"modified":"2024-05-29T00:40:15","modified_gmt":"2024-05-29T00:40:15","slug":"top-10-at-10-ree-nergised-rare-earths-explorers-biotech-standouts-lead-wednesdays-winners","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10241","title":{"rendered":"Top 10 at 10: REE-nergised rare earths explorers, biotech standouts lead Wednesday\u2019s winners"},"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 DES Desoto Resources 0.13 71% 1,973,098 $4,554,414 OD6 OD6 Metals 0.087 38% 926,862 $5,056,060 COV Cleo Diagnostics 0.23 35% 455,650 $12,597,000 OAR OAR Resources Ltd 0.002 33% 1,447,500 $4,729,966 TX3 Trinex Minerals Ltd 0.004 33% 3,997,250 $5,485,957 BEZ Besra Gold Inc 0.11 24% 1,654,058 $37,210,981 VTI Vision Tech Inc 0.135 23% 71,915 $6,023,147 8IH 8I Holdings Ltd 0.012 20% 30,100 $3,573,560 CAV Carnavale Resources 0.006 20% 4,471 $17,117,759 LRL Labyrinth Resources 0.006 20% 100,000 $5,937,719 <\/p>\n

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Desoto Resources (ASX:DES)<\/a> is buying a rare earths project in the Northern Territory called Spectrum, where previous drilling pulled up a highlight 6m @ 6.55% total rare earths (TREO) from 248m.<\/p>\n

OD6 Metals (ASX:OD6)<\/a> doubles the resource at its Splinter Rock project to 682Mt @ 1,338ppm TREO.<\/p>\n

\u201cThis mineral resource estimate sets OD6 apart from any other clay hosted rare earth project in Australia, and highlights Splinter Rock to be one of the largest and highest-grade projects globally,\u201d MD Brett Hazelden says.<\/p>\n

Oar Resources (ASX:OAR)<\/a> increases its uranium exploration ground by 283% to 880sqkm in the Brazilian states of Rio Grande Do Sul and Goi\u00e1s.<\/p>\n

Cleo Diagnostic\u2019s (ASX:COV)<\/a> ovarian cancer blood test outperforms the current clinical benchmark, correctly detecting 90% of early-stage cancers compared to only 50% using standard workflows.<\/p>\n

Genetic Technologies (ASX:GTG)<\/a> releases its novel Comprehensive Risk Assessment test that covers 100% of women at risk of developing breast and ovarian cancer.<\/p>\n

\u201c\u2026 in preparation for significant demand for this revolutionary test we have fully onboarded a high throughput automated laboratory in the United States with capacity to scale up to run 100,000 tests per month should future demand require,\u201d GTG chair Peter Rubinstein says.<\/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 88E 88 Energy Ltd 0.002 -33% 977999 $86,678,016 TKL Traka Resources 0.001 -33% 322518 $2,625,988 AVE Avecho Biotech Ltd 0.003 -25% 220000 $12,677,188 SFG Seafarms Group Ltd 0.003 -25% 20000 $19,346,397 AIV Activex Limited 0.004 -20% 9822 $1,077,513 1MC Morella Corporation 0.0025 -17% 2901833 $18,536,398 MTL Mantle Minerals Ltd 0.0025 -17% 1050000 $18,592,338 PNT Panther Metals 0.05 -15% 169491 $5,142,804 MCL Mighty Craft Ltd 0.006 -14% 48950 $2,582,365 TSL Titanium Sands Ltd 0.006 -14% 4475000 $15,482,230 <\/p>\n

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The post Top 10 at 10: REE-nergised rare earths explorers, biotech standouts lead Wednesday\u2019s winners<\/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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