{"id":7872,"date":"2024-04-02T23:28:21","date_gmt":"2024-04-02T23:28:21","guid":{"rendered":"https:\/\/economicherald.net\/?p=7872"},"modified":"2024-04-02T23:28:21","modified_gmt":"2024-04-02T23:28:21","slug":"top-10-at-10-which-gold-miner-made-125m-profit-last-quarter","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=7872","title":{"rendered":"Top 10 at 10: Which gold miner made $125m profit last quarter?"},"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 <\/em>announcements\u00a0(click\u00a0headings to sort).<\/p>\n

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Code Company Price % Volume Market Cap ACR Acrux Limited 0.085 81% 5,603,384 $13,663,692 SIH Sihayo Gold Limited 0.0015 50% 410,553 $12,204,256 AOA Ausmon Resources 0.0025 25% 1,000,000 $2,117,999 MCT Metalicity Limited 0.0025 25% 761,963 $8,970,108 VML Vital Metals Limited 0.005 25% 50,000 $23,580,268 KAM K2 Asset Management 0.06 20% 1,258 $12,054,260 LNR Lanthanein Resources 0.003 20% 1,121,685 $4,887,272 TAS Tasman Resources Ltd 0.006 20% 3,224 $3,563,346 AS2 Askari Metals 0.059 18% 60,561 $3,979,386 88E 88 Energy Ltd 0.007 17% 91,787,881 $150,744,375 <\/p>\n

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Acrux (ASX:ACR)<\/a> and partner TruPharma today announced the US launch of a generic of Dapsone 5% gel, used to treat acne. The market was worth over US$15m last year, the company says.<\/p>\n

Lighting company FOS (ASX:FOS)<\/a> enjoyed a record quarter driven by a 63% increase in sales to $7.1m, thanks to a strong commercial construction sector. All the key numbers \u2013 year-to-date sales, order book, and pipeline \u2013 are also trending higher.<\/p>\n

At the bigger end of town, Ramelius Resources (ASX:RMS)<\/a> gains over 8% after hitting record gold production of ~87,000oz \u2013 and free cash flow of $125.3m \u2013 in the March quarter.<\/p>\n

It obliterated guidance of 70,000 \u2013 77,500oz.<\/p>\n

Near term producer Boss Energy (ASX:BOE)<\/a> is up after successfully passing the final technical milestone in its Honeymoon mine re-start strategy, \u201cpaving the way for the first drum of uranium to be filled in the next two weeks\u201d.<\/p>\n

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LOSERS<\/h2>\n

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

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Code Company Price % Volume Market Cap MTL Mantle Minerals Ltd 0.001 -50% 438,181 12,394,892 CNJ Conico Ltd 0.0015 -25% 200,000 3,610,190 EDE Eden Innovations 0.0015 -25% 609,545 7,356,542 RMX Red Mount Mining 0.0015 -25% 179,441 5,347,152 RDS Redstone Resources 0.004 -20% 376,102 4,626,892 FRS Forrestania Resources 0.013 -19% 550,000 2,588,572 MPK Many Peaks Minerals 0.17 -17% 1,002,519 8,193,571 REM Remsense Technologies 0.015 -17% 303,274 2,697,474 PUA Peak Minerals Ltd 0.003 -14% 553,360 3,644,818 SI6 SI6 Metals Limited 0.003 -14% 589,585 8,291,008 <\/p>\n

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The post Top 10 at 10: Which gold miner made $125m profit last quarter?<\/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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