{"id":3045,"date":"2023-12-12T00:17:45","date_gmt":"2023-12-12T00:17:45","guid":{"rendered":"https:\/\/economicherald.net\/?p=3045"},"modified":"2023-12-12T00:17:45","modified_gmt":"2023-12-12T00:17:45","slug":"top-10-at-11-i-hope-everyones-hungry-for-lithium-because-its-driving-most-of-the-news-today","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=3045","title":{"rendered":"Top 10 at 11: I hope everyone\u2019s hungry for lithium, because it\u2019s driving most of the news today"},"content":{"rendered":"

Good morning, and welcome to Stockhead\u2019s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide 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 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

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WINNERS<\/h2>\n

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

<\/div>\n
Code Company Price % Volume Market Cap SIS Simble Solutions 0.004 33% 250,000 $1,808,852 ESR Estrella Res Ltd 0.005 25% 584,656 $7,037,487 CMP Compumedics Limited 0.295 23% 48,960 $42,519,108 MM1 Midasmineralsltd 0.14 22% 272,768 $9,975,933 VRC Volt Resources Ltd 0.007 17% 13,355,718 $24,780,640 BUR Burleyminerals 0.18 16% 35,000 $15,700,997 RGL Riversgold 0.015 15% 1,006,824 $12,366,399 RNX Renegade Exploration 0.008 14% 750,000 $6,998,066 KGD Kula Gold Limited 0.025 14% 6,456,566 $9,226,047 EPM Eclipse Metals 0.009 13% 260,000 $16,500,434 <\/div>\n

WordPress Tables Plugin<\/a><\/p>\n

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Compumedics (ASX:CMP)<\/strong><\/a> is on the move this morning, coming out a trading halt with news that it has received two new orders for its Magnetoencephalography (MEG) tech \u2013 from Tsinghua and Tianjin Universities \u2013 worth around $9.3 million.<\/p>\n

Midas Minerals (ASX:MM1)<\/strong><\/a> is rising this morning on news of the discovery of the \u201cArgus\u201d pegmatite find in Alberta, Canada. It boasts sample results with assays of up to 7.25% Li2O and measures up to 30m wide by at least 450m at the Reid-Aylmer project.<\/p>\n

Burley Minerals (ASX:BUR)<\/strong><\/a> has hot news from its little slice of Canada this morning, reporting that its found high-value pollucite mineralisation in the spodumene bearing Main Dyke at Chubb Central.<\/p>\n

Kula Gold (ASX:KGD)<\/strong><\/a> is also knee-deep in peggies this morning, revealing that the maiden RC drill program at the company\u2019s Cobra lithium prospect has turned up some very encouraging results, including visual pegmatites in multiple intervals varying from 3m to interpreted 55m thick from 11 holes.<\/p>\n

Riversgold (ASX:RGL)<\/strong><\/a> has announced that diamond drilling of the entire gold-mineralised central cross-section at its Northern Zone project to 450m vertical depth has validated the previous exploration model.<\/p>\n

And last but not least for the morning, Renegade Exploration (ASX:RNX)<\/strong><\/a> has delivered a maiden resource for its Mongoose Cu-Au prospect at its Cloncurry Project, of 3.1Mt @ 0.55% Cu and 0.07g\/t Au for 17.0Kt of Cu and 7.3koz of Au at 0.25% Cu cut off \u2013 with \u201cconsiderable scope for resource increase\u201d.<\/p>\n

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LOSERS<\/h2>\n

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

<\/div>\n
Code Company Price % Volume Market Cap SHN Sunshine Metals Ltd 0.02 -33% 31,203,438 $36,720,253 TG6 Tgmetalslimited 0.535 -27% 2,564,012 $39,482,902 YOJ Yojee Limited 0.004 -20% 125,000 $6,529,926 AU1 The Agency Group Aus 0.034 -19% 152,564 $18,000,217 PRS Prospech Limited 0.032 -18% 955,200 $8,746,832 NHE Nobleheliumlimited 0.14 -18% 2,465,476 $43,924,506 NPM Newpeak Metals 0.015 -17% 446,330 $1,799,131 ATH Alterity Therap Ltd 0.006 -14% 3,357,908 $19,616,523 BFC Beston Global Ltd 0.006 -14% 100,000 $13,979,328 NGL Nightingale Intel 0.039 -13% 20,000 $4,834,522 <\/div>\n

WordPress Tables Plugin<\/a><\/p>\n

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Alterity Therapeutics (ASX:ATH)<\/strong><\/a> is down this morning, after an after-hours announcement yesterday that the company has been granted a waiver by the ASX to side-step Listing Rule 7.3.9, which will permit shareholders who are eligible to participate in a proposed SPP to vote in favour of the SPP happening at all, at an Extraordinary General Meeting scheduled for Friday, 29 December 2023.<\/p>\n

Noble Helium (ASX:NHE)<\/strong><\/a> is showing a dip this morning, on news that the company has received firm commitments received for a placement of new shares at $0.13 a pop, to raise gross proceeds of $14 million to fund appraisal and testing at its North Rukwa Helium Project in Tanzania.<\/p>\n

Sunshine Metals (ASX:SHN)<\/strong><\/a> is down this morning, despite announcing the the market that it has identified 3 potential gold -rich feeder zones to the 2.3Mt Zn-Au-Cu-Pb-Ag volcanogenic massive sulphide resource at Liontown.<\/p>\n

TG Metals (ASX:TG6)<\/strong><\/a> is falling this morning, despite news that it\u2019s found lithium following a drill program at its Lake Johnston Li-Ni-Au project in Western Australia.<\/p>\n

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<\/span><\/p>\n

The post Top 10 at 11: I hope everyone\u2019s hungry for lithium, because it\u2019s driving most of the news today<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Good morning, and welcome to Stockhead\u2019s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":3046,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nTop 10 at 11: I hope everyone\u2019s hungry for lithium, because it\u2019s driving most of the news today - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=3045\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 10 at 11: I hope everyone\u2019s hungry for lithium, because it\u2019s driving most of the news today - 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