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 Name Price % Chg Volume
MGV Musgrave Minerals Ltd 0.25 +61.29% 7.3M
AOA Ausmon Resources Ltd 0.003 +50.00% 333.3k
ERX Exore Resources Ltd 0.09 +40.32% 10.2M
IFN Infigen Energy 0.8 +35.59% 89.6M
ANL Amani Gold Ltd 0.002 +33.33% 50.0k
DDD 3D Resources Ltd 0.004 +33.33% 2.9M
ROG Red Sky Energy Ltd 0.002 +33.33% 1.8M
Z1P Zip Co Ltd 6.7 +28.85% 5.1M
HAS Hastings Technology Metals Ltd 0.14 +26.09% 1.2M
LPD Lepidico Ltd 0.01 +25.00% 18.9M

Exore Resources (ASX:ERX) and Infigen Energy (ASX:IFN) both rose this morning due to takeover offers.

Also climbing is gold explorer Musgrave Minerals (ASX:MGV) after a stellar drilling result – 12m @ 112.9g/t.

Finally Zip Co (ASX:Z1P) kept surging after yesterday’s news of an acquisition that would help it set foot in the North American market.

 

Code Name Price % Chg Volume
MCX Mariner Corp Ltd 0.02 -72.50% 15
GLA Gladiator Resources Ltd 0.001 -33.33% 1.6M
MAG Magmatic Resources Ltd 0.25 -26.47% 1.2M
MGT Magnetite Mines Ltd 0.002 -20.00% 492.0k
DCG Decmil Group Ltd 0.08 -16.13% 5.9M
KGM KalNorth Gold Mines Ltd 0.007 -12.50% 120.0k
KEY Key Petroleum Ltd 0.0035 -12.50% 78.7k
CZL Consolidated Zinc Ltd 0.0035 -12.50% 583.3k
EUR European Lithium Ltd 0.06 -11.76% 20.0k
PRU Perseus Mining Ltd 1.19 -11.19% 1.3M

Magmatic Resources’ (ASX:MAG) results on the other hand weren’t so pleasing to shareholders.

In an ironic twist of fate, Exore’s suitor Perseus Mining (ASX:PRU), fell off the back of the takeover bid.