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10 at 11ish: Keypath Education eyes profitability in FY24, Metal Bank’s high-grade copper find at Malaqa
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Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide 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 – for better or worse.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| KED | Keypath Education | 0.4 | 51% | 11823 | $56,894,092 |
| CRB | Carbine Resources | 0.005 | 25% | 500000 | $2,206,951 |
| ADV | Ardiden Ltd | 0.006 | 20% | 2562289 | $13,441,677 |
| ESR | Estrella Res Ltd | 0.006 | 20% | 414137 | $8,795,359 |
| LML | Lincoln Minerals | 0.007 | 17% | 1463112 | $10,163,072 |
| AI1 | Adisyn Ltd | 0.022 | 16% | 22000 | $2,655,960 |
| BC8 | Black Cat Syndicate | 0.3 | 15% | 537153 | $78,978,989 |
| BMM | Balkan Mining and Minerals | 0.15 | 15% | 66666 | $8,944,933 |
| TG1 | Techgen Metals Ltd | 0.068 | 15% | 294236 | $4,552,929 |
| MBK | Metal Bank Ltd | 0.031 | 15% | 29411 | $9,701,200 |
Keypath Education (ASX:KED) is holding its AGM today with chair Diana Eilert saying the company had a strong cash position of US$46.8 million at the end of June and remains confident of achieving profitability in the second half of FY24.
Metal Bank (ASX:MBK) says rock chips returned from reconnaissance work at its Malaqa project in Jordan include up to 8.70% copper from the Malaqa NW area ~3km from the historical Um el Amad and up to 2.51% copper in the vicinity of the Um el Amad mine.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| AMD | Arrow Minerals | 0.0015 | -25% | 5,000,000 | $6,047,530 |
| CCE | Carnegie Clean Energy | 0.0015 | -25% | 3,531,609 | $31,285,147 |
| MTL | Mantle Minerals Ltd | 0.003 | -25% | 150,000 | $24,589,783 |
| EYE | Nova Eye Medical | 0.14 | -24% | 1,000,388 | $35,266,345 |
| AUK | Aumake Limited | 0.004 | -20% | 216 | $9,295,367 |
| BFC | Beston Global Ltd | 0.006 | -14% | 1,600,000 | $13,979,328 |
| DCL | Domacom Limited | 0.027 | -13% | 316,452 | $13,500,555 |
| SZL | Sezzle Inc. | 14 | -13% | 7,130 | $35,782,631 |
| LNR | Lanthanein Resources | 0.007 | -13% | 2,343,366 | $8,972,605 |
| PRX | Prodigy Gold NL | 0.007 | -13% | 1,992,138 | $14,008,863 |
Nova Eye Medical (ASX:EYE) will engage with the Medicare Administrative Contractors to address what it believes are fundamental procedural issues with local coverage determination changes for Medicare reimbursement of minimally invasive glaucoma surgery (MIGS) changes and to provide additional clinical data to support the continued coverage of canaloplasty procedures.
