{"id":12072,"date":"2024-07-10T01:03:10","date_gmt":"2024-07-10T01:03:10","guid":{"rendered":"https:\/\/economicherald.net\/?p=12072"},"modified":"2024-07-10T01:03:10","modified_gmt":"2024-07-10T01:03:10","slug":"top-10-at-11-inifini-tops-the-morning-list-after-finding-all-of-the-uranium","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=12072","title":{"rendered":"Top 10 at 11: Inifini tops the morning list after finding all of the uranium"},"content":{"rendered":"

Good morning, and welcome to Stockhead\u2019s Top 10 at shortly-before-11-ish \u2013 with the best (and sometimes worst) performing ASX stocks in morning trade.<\/p>\n

We use live data to help frame the ASX trading day through the biggest movers in percentage terms that have made announcements.<\/p>\n

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading \u2013\u00a0for better or worse \u2013\u00a0and then I do my best to make sense of who\u2019s moving where and why it might be happening.<\/p>\n

Anyway\u2026 here\u2019s what\u2019s been happening since the doors were opened this morning\u2026<\/p>\n

The ASX got off to a bumpy start this morning, opening around -0.5% lower, with the Telcos the only sector coping with the negative drag so far.<\/p>\n

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WINNERS<\/h2>\n

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

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Security Description Last % Volume MktCap I88 Infini Resources Ltd 0.815 66.3 3,150,062 $18,611,829 AXP AXP Energy Ltd 0.0015 50.0 1,365,934 $5,824,681 EEL Enrg Elements Ltd 0.003 50.0 39,064 $2,019,930 EXL Elixinol Wellness 0.004 33.3 72,500 $3,963,547 LNR Lanthanein Resources 0.004 33.3 400,000 $7,330,908 TMK TMK Energy Limited 0.004 33.3 10,150,000 $20,764,836 AMS Atomos 0.036 28.6 939,982 $33,982,545 AMD Arrow Minerals 0.0025 25.0 5,000,000 $21,078,730 MKG Mako Gold 0.011 22.2 4,707,779 $8,784,074 WHK Whitehawk Limited 0.018 20.0 7,724,313 $6,937,144 <\/p>\n

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Infini Resources (ASX:I88)<\/strong><\/a> was leading the way Tuesday morning on some stunning uranium assays. A while back, the company announced that its uranium assays were too much for the lab to handle, so they sent them somewhere else to get tested. Well\u2026 those came back and the numbers are huge, with assays as high as 74,997ppm U3O8.<\/p>\n

AXP Energy (ASX:AXP)<\/strong><\/a> was up on news that its Pathfinder #2 well is back on production. The flow rate is restricted due to gas disposal restrictions, which are being addressed. The company says the Pathfinder Field oil production is\u00a0 averaging ~40 barrels per day with growth anticipated as more wells are brought into production and gas-to-power operations scale up.<\/p>\n

Mako Gold (ASX:MKG)<\/strong><\/a> was up on news that a scout 1,500m reverse circulation drill program has commenced at the Tchaga North prospect, targeting three high-grade zones identified from recent mapping and trenching programs which located values of 4m at 3.97g\/t Au, including 1m at 14.80g\/t Au; and 4m at 1.79g\/t Au, including 1m at 5.34g\/t Au.<\/p>\n

WhiteHawk (ASX:WHK)<\/strong><\/a> was up on news that it has finalised its first contract with an ASX 100 Listed Company, Tabcorp Holdings Limited, for an Essential Cyber Risk Program that will include cyber risk monitoring for three Business Units where analytics are performed to provide an executive, actionable overview, and a quarterly comprehensive Cyber Risk Assessment.<\/p>\n

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LAGGARDS<\/h2>\n

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

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Code Company Price % Volume Market Cap WML Woomera Mining Ltd 0.002 -33.33 1,104,000 $3,654,417 ASQ Australian Silica 0.020 -31.03 215,000 $8,173,951 BP8 Bph Global Ltd 0.003 -25.00 5,000 $1,586,566 AHN Athena Resources 0.002 -20.00 72,333 $2,676,169 BXN Bioxyne Ltd 0.004 -20.00 76,365 $10,233,227 HTG Harvest Tech Grp Ltd 0.014 -17.65 110,876 $13,801,583 KM1 Kalimetalslimited 0.200 -16.67 772,724 $18,322,103 RNE Renu Energy Ltd 0.005 -16.67 770,467 $4,356,804 SIS Simble Solutions 0.003 -16.67 1,333,333 $2,260,352 ALY Alchemy Resource Ltd 0.006 -14.29 149,721 $8,246,534 TG1 Techgen Metals Ltd 0.030 -14.29 57,076 $4,484,640 <\/p>\n

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The post Top 10 at 11: Inifini tops the morning list after finding all of the uranium<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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