10 at 10: These ASX stocks are galloping forward this morning
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Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. 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 stock has commenced trading.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
|Code||Description||Price||% Change||Market Cap|
|ANW||Aus Tin Mining||0.0015||50%||404K|
|MRQ||Mrg Metals Limited||0.008||33%||13.7M|
|NWE||Norwest Energy NL||0.004||33%||1.9M|
|XTC||Xantippe Res Ltd||0.004||33%||1.3M|
|PAK||Pacific American Hld||0.025||25%||1.4M|
|MNB||Minbos Resources Ltd||0.0025||25%||5.5M|
Australian Vanadium (ASX:AVL) unveiled an offtake MOU with Chinese vanadium redox flow battery manufacturer Gui Zhou.
After forays in coal and hydro power, Pacific American Holdings (ASX:PAK) has smelt the coffee and gotten into gold. It has entered into a term sheet to farm in and acquire up to 60 per cent of a privately owned gold project in Western Australia.
Its gold peer MRG Metals (ASX:MRQ) also rose higher after completing a capital raising.
|Code||Price||% Change||Market Cap||Volume|
|CGN||Crater Gold Min Ltd||0.012||-14%||375K|
|TSC||Twenty Seven Co. Ltd||0.007||-13%||1.7M|
|BUX||Buxton Resources Ltd||0.115||-11%||145K|
|EVE||EVE Investments Ltd||0.009||-10%||500K|
While none of today’s biggest laggards had major news today, BrainChip (ASX:BRN) was one notable stock on the list. Last Thursday the stock a high of 76 cents that gave it a market cap over $1.5 billion.
It’s been declining since and today it fell another 14 per cent to 42 cents as at 10.15am.