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10 at 11ish: Who’s up on news about lithium projects at Lake Johnston today?
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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 |
|---|---|---|---|---|---|
| VPR | Volt Power Group | 0.0015 | 50% | 70,954 | $10,716,208 |
| RB6 | Rubix Resources | 0.175 | 46% | 656,072 | $6,546,000 |
| BYH | Bryah Resources Ltd | 0.023 | 44% | 2,734,888 | $5,737,685 |
| CHR | Charger Metals | 0.42 | 27% | 1,410,554 | $20,497,741 |
| MSI | Multistack International | 0.005 | 25% | 66 | $545,216 |
| VMS | Venture Minerals | 0.011 | 22% | 1,035,812 | $17,550,117 |
| TG1 | Techgen Metals Ltd | 0.033 | 22% | 137,500 | $2,083,544 |
| WEC | White Energy Company | 0.079 | 22% | 40,000 | $4,446,402 |
| AVH | Avita Medical | 3.86 | 21% | 180,559 | $190,770,601 |
| GMN | Gold Mountain Ltd | 0.006 | 20% | 2,571,447 | $11,345,393 |
And it’s all about lithium at Lake Johnston in the Goldfields Esperance region of WA today with several companies up on news about projects in the area.
Rubix Resources (ASX:RB6) says a cultural heritage survey will start on November 30 at its Lake Johnston lithium project in WA with a program of works for its maiden drilling program approved.
Meanwhile Bryah Resources (ASX:BYH) says it’s fast-tracking its lithium exploration at Lake Johnston with CEO Ashley Jones saying TG Metals’ (ASX:TG6) recent success has put a strong emphasis again on the area.
“We have already shown that we have LCT type pegmatites on Bryah’s tenements with 403ppm Li2O at the Roundbottom Prospect. So we know the potential,” he said.
Charger Metals (ASX:CHR) reports assay results from soil sampling completed earlier this year have identified several new lithium targets at the Mt Gordon tenement of its Lake Johnston lithium project.
TechGen Metals (ASX:TG1) has provided an update on its projects including stage three drilling approved for its John Bull Gold Project and pegmatite mapping to kick off at Ida Valley with historic data identifying lithium and caesiumin soils up to 144.5ppm Li (311ppm Li2O) along the Ida Fault.
Avita Medical (ASX:AVH) has announced its third quarter financial results with 51% commercial revenue growth on pcp to $13.5 million and gross margin of 84.5% for the quarter.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| BP8 | BPH Global Ltd | 0.001 | -33% | 227,470 | $2,423,345 |
| AMD | Arrow Minerals | 0.0015 | -25% | 1,085,676 | $6,047,530 |
| MKL | Mighty Kingdom | 0.015 | -17% | 6,765 | $7,566,653 |
| ROG | Red Sky Energy | 0.005 | -17% | 1,000,000 | $31,813,363 |
| RR1 | Reach Resources Ltd | 0.012 | -14% | 14,607,698 | $44,944,160 |
| AHI | Advanced Health | 0.105 | -13% | 160,337 | $26,124,476 |
| OPN | Open Negotiation | 0.008 | -11% | 6,800 | $10,050,117 |
| ASQ | Australian Silica | 0.045 | -10% | 50,000 | $14,083,019 |
| ZNO | Zoono Group Ltd | 0.045 | -10% | 4,396 | $9,496,384 |
| CAV | Carnavale Resources | 0.0045 | -10% | 3,021,090 | $17,117,759 |
