10 at 10: These ASX stocks look ready to proceed this morning
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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).
It’s a quiet day on the ASX with today being Melbourne Cup Day. But today’s leader took its title thanks to – you guessed it – another gold find.
This time it was Mexico-focused Mithril Resources (ASX:MTH) which has already had a solid few months exploration and share price-wise. From 0.6 cents in March it hit 3.9 cents today with gold and silver results from the first drill holes at a new target at its Cometa project in Mexico’s Copalquin district.
Meanwhile, Shree Minerals (ASX:SHH) bought a new gold project in New South Wales’ Lachlan Ford Belt and Victory Mines (ASX:VIC) now owns its Coogee project outright having snapped up the previous 90 per cent it did not already own.
Triangle Energy (ASX:TEG) fell on its first trading day since BP’s opted to to cease fuel production at its Kwinana Refinery and convert it into an import terminal.
BP’s decision has a direct impact on the company given that crude oil from its Cliff Head oil field is trucked to the refinery for processing.