{"id":4410,"date":"2024-01-15T23:44:44","date_gmt":"2024-01-15T23:44:44","guid":{"rendered":"https:\/\/economicherald.net\/?p=4410"},"modified":"2024-01-15T23:44:44","modified_gmt":"2024-01-15T23:44:44","slug":"top-10-at-10-exciting-uranium-disappointing-copper-and-the-search-for-atlantis-begins","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=4410","title":{"rendered":"Top 10 at 10: Exciting uranium, disappointing copper, and the search for Atlantis begins"},"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

\u00a0<\/p>\n

WINNERS<\/h2>\n

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

<\/div>\n
Security Description Last % Volume MktCap PKO Peako Limited 0.004 33% 95,000 $1,581,254 BMG BMG Resources Ltd 0.017 31% 10,415,273 $8,239,363 RDS Redstone Resources 0.006 20% 105,000 $4,606,892 SI6 SI6 Metals Limited 0.006 20% 333,333 $9,969,297 KNB Koonenberry Gold 0.066 20% 110,395 $6,586,200 TSL Titanium Sands Ltd 0.013 18% 50,265 $21,931,032 TOE Toro Energy Limited 0.63 15% 1,321,193 $53,145,401 LPD Lepidico Ltd 0.008 14% 500,000 $53,468,156 TAR Taruga Minerals 0.008 14% 584,000 $4,942,187 VMS Venture Minerals 0.008 14% 125,000 $15,470,091 <\/div>\n

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

There has been a board reshuffle at gold explorer BMG (ASX:BMG)<\/a>, where managing director Bruce McCracken has resigned and non-exec director (and major shareholder) John Prineas assumes the role of non-exec chair.<\/p>\n

Koonenberry Gold (ASX:KNB)<\/a> has approval to drill the Atlantis copper gold prospect, an extensive 6.5km long anomaly underneath a scattering of high grade (+15%) copper rock chips in NSW.<\/p>\n

KNB says it has a similar vibe to the +5Moz Stawell gold mine in Western Victoria.<\/p>\n

Toro Energy (ASX:TOE)<\/a> has made inroads into its Lake Maitland uranium project extension study, which is now \u201dsignificantly advanced\u201d.<\/p>\n

TOE says the highly profitable, 1.3Mlb per annum mine would have an NPV and IRR of $610m and 41% respectively, based on low all in sustaining costs of US$28\/lb.<\/p>\n

\u00a0<\/p>\n

LOSERS<\/h2>\n

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

<\/div>\n
Security Description Last % Volume MktCap ME1 Melodiol Global Health 0.001 -50% 17,077,777 $9,457,648 PUA Peak Minerals Ltd 0.002 -33% 208,333 $3,124,130 CPO Culpeo Minerals 0.056 -28% 10,519,896 $10,474,677 PVT Pivotal Metals Ltd 0.019 -21% 70,836 $16,321,339 KPO Kalina Power Limited 0.004 -20% 650,711 $11,050,640 NGS NGS Ltd 0.013 -19% 835,499 $4,019,638 1MC Morella Corporation 0.005 -17% 168,311 $37,072,797 NKL Nickelx Ltd 0.04 -17% 641,700 $4,215,128 AJL AJ Lucas Group 0.011 -15% 82,500 $17,884,485 BXN Bioxyne Ltd 0.011 -15% 15,478 $24,721,390 <\/div>\n

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

Culpeo Minerals\u2019 (ASX:CPO)<\/a> maiden drill results from El Quillay, part of the Fortuna project in Chile, have failed to live up to the hype.<\/p>\n

Best results from the first hole included 5.8m @ 0.78% CuEq from 15.2m and 26m @ 0.81% CuEq from 29m.<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

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

The post Top 10 at 10: Exciting uranium, disappointing copper, and the search for Atlantis begins<\/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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