{"id":9389,"date":"2024-05-09T00:40:58","date_gmt":"2024-05-09T00:40:58","guid":{"rendered":"https:\/\/economicherald.net\/?p=9389"},"modified":"2024-05-09T00:40:58","modified_gmt":"2024-05-09T00:40:58","slug":"top-10-at-10-old-gold-mine-dusted-off-nickel-project-nabs-major-project-status","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=9389","title":{"rendered":"Top 10 at 10: Old gold mine dusted off, nickel project nabs Major Project Status"},"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\u00a0announcements\u00a0(click\u00a0headings to sort).<\/em><\/p>\n

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Security Description Last % Volume MktCap CNJ Conico Ltd 0.002 100% 1,000,000 $1,805,095 AXN Alliance Nickel Ltd 0.069 97% 4,533,560 $25,404,387 MTL Mantle Minerals Ltd 0.003 50% 7,978,682 $12,394,892 HTA Hutchison 0.035 21% 346 $393,602,749 88E 88 Energy Ltd 0.0035 17% 4,748,170 $86,678,016 GRL Godolphin Resources 0.028 17% 60,000 $4,584,425 MQR Marquee Resource Ltd 0.015 15% 994,329 $5,373,997 GMN Gold Mountain Ltd 0.004 14% 350,000 $10,414,270 TAL Talius Group Limited 0.008 14% 2,500,000 $18,083,920 RNT Rent.Com.Au Limited 0.025 14% 240,625 $13,852,290 <\/p>\n

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Alliance Nickel\u2019s (ASX:AXN)<\/a> NiWest nickel-cobalt project is granted Major Project Status (MSP) by the Australian Government, which helps streamline approvals for mine development.<\/p>\n

MSP is awarded to Australian companies and projects identified to be strategically significant, \u201cand that have the potential to contribute considerably to the nation\u2019s economic growth and employment opportunities\u201d.<\/p>\n

Gold hunter First Au\u2019s (ASX:FAU)<\/a> new exploration lease EL008058 in Victoria includes the historical King Cassilis mine which, according to records, produced over 3,000 ounces of gold at a grade of 14.4g\/t.<\/p>\n

And exploration minnow Marquee Resources (ASX:MQR)<\/a> drills into a highlight 14m @ 980ppm rare earths from surface at the Redlings project.<\/p>\n

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LOSERS<\/strong><\/h2>\n

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

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Security Description Last % Volume MktCap AXP AXP Energy Ltd 0.001 -50% 1,917,233 $11,649,361 SI6 SI6 Metals Limited 0.002 -33% 1,265,767 $7,106,578 SKN Skin Elements Ltd 0.003 -25% 40,000 $2,357,944 OSX Osteopore Limited 0.097 -22% 2,071,251 $13,619,354 BFC Beston Global Ltd 0.004 -20% 978,963 $9,985,234 NRZ Neurizer Ltd 0.002 -20% 24,000 $4,132,948 ROG Red Sky Energy 0.004 -20% 50,000 $27,111,136 BBN Baby Bunting Grp Ltd 1.57 -17% 660,137 $256,322,329 PAT Patriot Lithium 0.075 -18% 720,630 $6,335,159 TRJ Trajan Group Holding 0.75 -17% 169,727 $137,755,557 <\/p>\n

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Baby Bunting (ASX:BBN)<\/a> was punted after reporting softening store sales over the past 2 months, \u201creflecting the ongoing cost-of-living pressures being experienced by new parents with young families\u201d.<\/p>\n

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The post Top 10 at 10: Old gold mine dusted off, nickel project nabs Major Project Status<\/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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