Top 10 at 10: Which ASX stocks are sailing and sinking today?

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has commenced trading.

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code	Company	Price	%	Volume	Market Cap
AOA	Ausmon Resorces	0.0065	30%	1,320,075	$4,286,446.72
OXX	Octanex Ltd	0.015	25%	10	$3,107,732.23
HMD	Heramed Limited	0.15	25%	134,482	$25,426,538.16
ARE	Argonaut Resources	0.0025	25%	2,050,001	$7,212,409.56
HMY	Harmoney Corp Ltd	0.86	25%	44,755	$69,703,085.16
AGD	Austral Gold	0.051	21%	300,000	$25,717,076.83
CAD	Caeneus Minerals	0.006	20%	166,666	$23,303,025.37
GLV	Global Oil & Gas	0.003	20%	33,333	$4,683,386.77
OAR	OAR Resources Ltd	0.006	20%	100,000	$10,855,189.49
XST	Xstate Resources	0.003	20%	1,100,000	$8,037,954.13

Today’s biggest winners are led by Ausmon Resources (ASX:AOA) who’ve been granted three new tenements for rare earth elements (REE) exploration in South Australia.

REE have been designated critical minerals by Australia, EU, USGS and IEA and are used in rare earth permanent magnets for electric vehicles (EV), wind turbines and various electronic devices.

Notably, Australian Rare Earths (ASX:AR3) has a large foothold in the region and two weeks ago announced a 104% increase in its JORC inferred mineral resource to 81.4 MT at 785ppm Total Rare Earth Oxides (TREO) at their Koppamurra project.

Also among the winners is Heramed (ASX:HMD), which reported positive results from its HeraBEAT smart foetal HR monitor clinical trial at Israel’s Sheba Medical Centre.

The study found that remote telemedicine foetal wellbeing assessment, which included the usage of the HeraBEAT, is feasible and time-saving – with a 60% reduction on the average appointment length.

And non-bank lender Harmoney (ASX:HMY) has delivered FY22 Cash NPAT profitability on a proforma basis.

Its proforma loan book has reached $685 million in FY22, up 37% on pcp. The Australian loan book grew to $287 million, up 113% on pcp.

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code	Company	Price	%	Volume	Market Cap
AHQ	Allegiance Coal Ltd	0.32	-43%	1,081,042	$218,299,278.40
TOR	Torque Met	0.15	-32%	3,000	$13,886,389.66
CLE	Cyclone Metals	0.003	-25%	183,333	$24,416,947.93
ASR	Asra Minerals Ltd	0.022	-24%	4,790,983	$38,859,298.78
ZLD	Zelira Therapeutics	2.61	-21%	12,049	$31,508,711.64
CFO	Cfoam Limited	0.004	-20%	129,976	$3,669,203.17
GSN	Great Southern	0.034	-15%	442,705	$21,294,683.44
ROO	Roots Sustainable	0.003	-14%	695,000	$2,623,714.41
KFE	Kogi Iron Ltd	0.0035	-13%	400,000	$6,470,311.02
NVU	Nanoveu Limited	0.015	-12%	40,000	$3,783,451.81