{"id":5867,"date":"2024-02-14T23:52:49","date_gmt":"2024-02-14T23:52:49","guid":{"rendered":"https:\/\/economicherald.net\/?p=5867"},"modified":"2024-02-14T23:52:49","modified_gmt":"2024-02-14T23:52:49","slug":"top-10-at-11-lithium-hits-and-ai-are-whats-driving-the-news-today","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=5867","title":{"rendered":"Top 10 at 11: Lithium hits and AI are what\u2019s driving the news today"},"content":{"rendered":"

Good morning, and welcome to Stockhead\u2019s Top 10 at shortly-before-11-ish, which is meant 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

Local markets have opened higher, following a rally on Wall Street overnight, which has moved the ASX 200 benchmark about 0.6% in a better direction than the one it was headed for most of yesterday.<\/p>\n

Here\u2019s what\u2019s been happening since the doors were opened this morning<\/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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Code Description Last % Volume MktCap W2V Way2Vat Ltd 0.02 43% 21,169,963 $9,122,518 JBY James Bay Minerals 0.2 43% 422,089 $4,542,300 ATH Alterity Therapeutics 0.005 25% 30,982 $17,531,019 RMX Red Mount Mining 0.0025 25% 245,721 $5,347,152 RR1 Reach Resources Ltd 0.0025 25% 1,047,285 $6,420,594 PRX Prodigy Gold NL 0.007 17% 16,105,112 $10,506,647 ATC Altech Batt Ltd 0.073 16% 4,978,322 $104,159,531 EGR Ecograf Limited 0.15 15% 49,202 $59,024,136 E33 East 33 Limited. 0.023 15% 680,324 $10,741,774 TG1 Techgen Metals Ltd 0.0435 14% 267,115 $4,831,038 <\/p>\n

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James Bay Minerals (ASX:JBY)<\/strong><\/a> reports that a review of aeromagnetic and spectromagnetic survey results across its flagship Joule Property, within the 100%-owned La Grande Lithium Project in the James Bay region of Quebec, Canada, has generated significant new rare earths and uranium targets.<\/p>\n

Way2VAT (ASX:W2V)<\/strong><\/a> has launched the world\u2019s first AI-driven automated accounts payable auditing product, which the company calls \u201cAI-AP Compliance\u201d, designed to work hand-in-hand with its existing suite of AI-powered VAT\/GST claim and return solutions.<\/p>\n

GreenTech Metals (ASX:GRE)<\/strong><\/a> is moving this morning, possibly in response to the company\u2019s presentation at the RIU Explorers conference, but it\u2019s hard to tell.<\/p>\n

Hammer Metals (ASX:HMX)<\/strong><\/a> is continuing its climb from yesterday, following a positive update delivered to the market on its copper hunting exploits in Queenland\u2019s Mt Isa region.<\/p>\n

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LOSERS<\/h2>\n

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

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Code Description Last % Volume MktCap 1MC Morella Corporation 0.003 -25% 4,000 $24,715,198 CTN Catalina Resources 0.004 -20% 500,000 $6,192,434 IND Industrialminerals 0.25 -19% 308,684 $21,315,600 INV Investsmart Group 0.125 -19% 70,000 $22,115,475 VTI Vision Tech Inc 0.23 -15% 10,000 $14,332,410 BUY Bounty Oil & Gas NL 0.006 -14% 175,000 $10,489,507 JTL Jayex Technology Ltd 0.006 -14% 200,000 $1,968,950 ADY Admiralty Resources. 0.007 -13% 22,000 $10,428,633 KGD Kula Gold Limited 0.007 -13% 770,805 $3,385,695 OSL Oncosil Medical 0.007 -13% 43,863 $15,796,329 <\/p>\n

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Uncertainty surrounding a move by NSW to protect coastal waters from offshore drilling is playing havoc with Bounty Oil & Gas (ASX:BUY)<\/strong><\/a>, despite the company reassuring investors that its PEP 11 well is well beyond the 3 nautical mile exclusion zone, and that it intends to keep exploring.<\/p>\n

Catalina Resources (ASX:CTN)<\/strong><\/a> is lower, despite news that it has received all relevant permits and engaged the services of a drilling contractor to get a drill program underway at its on Exploration Licence E38\/3697 in the Laverton district of WA, within the next few weeks.<\/p>\n

Industrial Minerals (ASX:IND)<\/strong><\/a> has received first assays from its Pippingarra Quarry RC drilling program, and the results are a little thin. The significant intercepts include 1m @ 1.72% LiO2 from 30m, and 2m @ 1.03% LiO2 from 37m.<\/p>\n

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The post Top 10 at 11: Lithium hits and AI are what\u2019s driving 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, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":5868,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nTop 10 at 11: Lithium hits and AI are what\u2019s driving 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=5867\" \/>\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: Lithium hits and AI are what\u2019s driving the news today - 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