Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped under your radar today. 

It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms.

 

ICYMI Leader Board

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

Code Company Price % Today Volume Market Cap
CLZ Classic Min Ltd 0.0015 50% 117,271,647 $3,093,095
OMA Omegaoilgaslimited 0.2625 35% 23,678,178 $29,820,207
CVV Caravel Minerals Ltd 0.28 17% 1,587,860 $115,004,250
MRD Mount Ridley Mines 0.0035 17% 12,443,158 $23,354,649
FBM Future Battery 0.092 15% 18,260,651 $34,227,611
TMK TMK Energy Limited 0.018 13% 4,336,362 $74,200,000
VMS Venture Minerals 0.018 13% 2,736,358 $28,267,321
IG6 Internationalgraphit 0.26 11% 284,427 $20,677,206
RLG Roolife Group Ltd 0.012 9% 200,000 $7,871,139
IHL Incannex Healthcare 0.125 9% 2,944,254 $182,506,191
ALM Alma Metals Ltd 0.013 8% 325,422 $10,968,009
KNG Kingsland Minerals 0.14 8% 232,829 $4,087,179
M2M Mtmalcolmminesnl 0.042 8% 11,642 $2,428,764
MKG Mako Gold 0.043 8% 3,158,711 $18,866,054
TGM Theta Gold Mines Ltd 0.075 7% 248,331 $43,400,635
PAA Pharmaust Limited 0.105 6% 71,444 $31,374,326
QEM QEM Limited 0.19 6% 44,281 $24,325,842
SVM Sovereign Metals 0.48 5% 882,377 $214,248,135
MAT Matsa Resources 0.046 5% 493,005 $18,128,203
ICI Icandy Interactive 0.05 4% 366,588 $64,425,873
EUR European Lithium Ltd 0.076 4% 3,437,820 $108,714,460
LEX Lefroy Exploration 0.26 4% 115,571 $40,114,501
EVG Evion Group NL 0.053 4% 80,577 $14,249,207
HCH Hot Chili Ltd 1.07 4% 130,591 $123,028,562
ERW Errawarra Resources 0.14 4% 26,175 $8,168,040
BNL Blue Star Helium Ltd 0.029 4% 7,207,019 $44,412,762
TTM Titan Minerals 0.059 4% 420,000 $80,442,572
CHR Charger Metals 0.31 3% 318,582 $13,114,310
HAL Halo Technologies 0.155 3% 491 $19,424,282
OEC Orbital Corp Limited 0.16 3% 13,842 $18,135,517
STM Sunstone Metals Ltd 0.032 3% 1,172,407 $81,233,839
LNR Lanthanein Resources 0.018 3% 1,588,621 $19,627,572
ANX Anax Metals Ltd 0.073 3% 67,123 $29,067,033
XF1 Xref Limited 0.19 3% 1,963 $34,442,613
POD Podium Minerals 0.078 3% 167,381 $25,578,478
DCC Digitalx Limited 0.04 3% 108,960 $29,075,243
ATC Altech Batt Ltd 0.1025 3% 848,722 $142,676,587
RLF Rlfagtechltd 0.22 2% 50,000 $19,539,891
RNU Renascor Res Ltd 0.225 2% 2,959,754 $558,669,650
VTM Victory Metals Ltd 0.225 2% 62,322 $11,840,113
LEL Lithenergy 0.6 2% 194,870 $35,338,125
NWC New World Resources 0.048 2% 482,022 $98,958,126
GLN Galan Lithium Ltd 1.045 2% 371,774 $314,588,290
DEG De Grey Mining 1.66 2% 13,960,825 $2,544,702,071
INR Ioneer Ltd 0.305 2% 3,524,601 $629,501,480
REE Rarex Limited 0.062 2% 2,191,804 $35,342,581
HHR Hartshead Resources 0.0375 1% 21,079,629 $84,829,239
AZS Azure Minerals 0.435 1% 1,676,149 $167,801,511
PTX Prescient Ltd 0.097 1% 437,785 $77,137,410
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Top gun today is Omega Oil and Gas (ASX:OMA) who reported “outstanding exploration success” at the Canyon-2 well, where drilling has intersected 293m of gas shows within the Kianga Formation and upper Back Creek Group.

“Encouraging gas shows continued into the upper Back Creek Group, therefore a decision was made to deepen the TD of the well to drill through the upper Back Creek Group,” the company says.

The upper Back Creek Group was intersected at a depth of 3588m, and is now a “potential additional reservoir, with significant gas peaks being recorded while drilling over an interval of 72m.”

Business software developer Prophecy International (ASX:PRO) announced a business growth update, highlighting that its base of Annualised Recurring Revenue (ARR) has grown to $21.3m, an increase of 16% from the end of FY22 as of 31 March 2023.

The company puts this down to subscriptions from its Snare product, which is designed to enable customers to detect and manage cyber threats in real time with Government customers – particularly in the USA and in the UK – continuing to select perpetual license models. 

Caravel Minerals (ASX:CVV) has delivered a raft of improvements to its PFS on its copper development of the same name just 150km from Perth in WA’s Wheatbelt, taking the net present value of Australia’s next major copper mine to over $2 billion.

For context, the project will be comparable in annual copper output to mines like BHP takeover target OZ Minerals’ Prominent Hill and Carrapateena, and Sandfire Resources’ recently shut DeGrussa, with the update increasing steady state copper output from 60,000tpa to 65,000tpa over a 26 year project life.

At current copper prices in excess of US$4/lb, that would generate a nice, strong margin.

Metro Mining (ASX:MMI) announced today that 2023 production of bauxite commenced on 1 April from its Bauxite Hills Mine in WA – bauxite being the ore from which aluminium is extracted. 

The company said it can sell every tonne it produces in this current tight market, and is pushing for increased prices which represent fair value for its refinery customers versus competitive material from Australia and Guinea. 

And Future Battery Minerals (ASX:FBM) says it has unearthed a new lithium discovery in Nevada, where drilling pulled up a highlight 29m @ 1,010ppm Li from a depth of 210.3m.

A Phase 2 RC drilling program is now in the works.

 

At Stockhead we tell it like it is. While Omega Oil & Gas, Caravel Minerals and Future Battery Metals are Stockhead advertisers, they did not sponsor this article.