10 at 10: These ASX stocks have reached a crossroads this morning

Camels and their herders cross a road in Dunhuang China that's fitted with a special traffic light (Pic: Getty)

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps 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.

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

Code	Company	Price	%	Volume
LIO	Lion Energy Limited	0.044	57	2044313
WKT	Walkabout Resources	0.27	50	915764
NPM	Newpeak Metals	0.003	50	1333333
VIC	Victory Mines Ltd	0.003	50	2416666
ICN	Icon Energy Limited	0.016	23	130350
AME	Alto Metals Limited	0.11	22	5022098
NTD	National Tyre&Wheel	1.04	22	210287
WOO	Wooboard Tech Ltd	0.006	20	8232761
SBR	Sabre Resources	0.007	17	340000
YPB	YPB Group Ltd	0.004	14	475000

Microcap oil and gas stock Lion Energy (ASX:LIO) rose after updating its reserves and contingent resources. A report by US oil and gas consultants Miller and Lents has increased its oil reserve estimates by over 200 per cent.

Gold explorer Alto Metals (ASX:AME) rose off the back of drilling results.

Aspiring graphite developer Walkabout Resources (ASX:WKT) announced it had secured a US$20 million finance facility for its project in Tanzania.

Code	Company	Price	%	Volume
PCL	Pancontinental Oil	0.002	-33	828343
MLS	Metals Australia	0.002	-20	2150000
XTC	Xantippe Res Ltd	0.002	-20	500000
OEX	Oilex Ltd	0.005	-17	34535757
TSC	Twenty Seven Co. Ltd	0.005	-17	1944753
AZI	Alta Zinc Ltd	0.006	-14	4157742
RBR	RBR Group Ltd	0.006	-14	1000000
TYX	Tyranna Res Ltd	0.007	-13	4000
RAN	Range International	0.022	-12	462328
AMD	Arrow Minerals	0.008	-11	3000