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Top 10 at 10: 4m at 23.7g/t gold? That’s high grade
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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 started trading.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MTL | Mantle Minerals Ltd | 0.0015 | 50% | 2,182,718 | $6,147,446 |
| MXC | Mgc Pharmaceuticals | 0.003 | 50% | 30,016 | $8,855,936 |
| FG1 | Flynngold | 0.093 | 31% | 9,453,668 | $9,683,164 |
| LNU | Linius Tech Limited | 0.003 | 20% | 1,115,961 | $10,574,477 |
| TSL | Titanium Sands Ltd | 0.006 | 20% | 18,333 | $8,859,024 |
| CRB | Carbine Resources | 0.007 | 17% | 500,000 | $3,310,427 |
| DEV | Devex Resources Ltd | 0.39 | 15% | 1,133,823 | $126,064,716 |
| SI6 | SI6 Metals Limited | 0.008 | 14% | 562,500 | $13,957,016 |
| AXE | Archer Materials | 0.52 | 14% | 674,202 | $115,955,391 |
| BMO | Bastion Minerals | 0.025 | 14% | 45,000 | $3,813,133 |
Flynn Gold (ASX:FG1) hits 4m at 23.7g/t gold – including 0.5m at 170g/t – from ~20m (that’s high grade!) at the historical Golden Ridge project in Tasmania.
Semiconductor stock Archer (ASX:AXE) says its foundry partner in the Netherlands validated its advanced biochip gFET design by manufacturing the chips using whole four-inch wafer semiconductor fabrication processes.
This is “a critical milestone” in the commercialisation pathway, it says.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MTH | Mithril Resources | 0.001 | -50% | 280,000 | $6,737,609 |
| MEB | Medibio Limited | 0.001 | -33% | 200,000 | $9,151,116 |
| MRD | Mount Ridley Mines | 0.002 | -20% | 305,960 | $19,462,207 |
| PNX | PNX Metals Limited | 0.002 | -20% | 199,999 | $13,451,562 |
| LNR | Lanthanein Resources | 0.009 | -18% | 22,572,910 | $12,337,331 |
| KNB | Koonenberrygold | 0.041 | -18% | 1 | $3,787,822 |
| MTC | Metalstech Ltd | 0.165 | -18% | 6,863 | $37,720,918 |
| CAV | Carnavale Resources | 0.006 | -14% | 70,000 | $23,334,862 |
| CHK | Cohiba Min Ltd | 0.003 | -14% | 500,000 | $7,746,355 |
| GCR | Golden Cross | 0.003 | -14% | 1,976 | $3,840,396 |
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