In Case You Missed It: Cannabis takes the lead, plus some iron ore and nickel

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice 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	Market Cap
ME1	Melodiol Glb Health	0.0105	62%	$17,475,599
CLE	Cyclone Metals	0.002	33%	$15,396,757
BEZ	Besragoldinc	0.2775	26%	$77,849,615
CZN	Corazon Ltd	0.02	25%	$9,765,289
SIS	Simble Solutions	0.007	17%	$3,617,704
HGO	Hillgrove Res Ltd	0.068	13%	$114,718,261
WWI	West Wits Mining Ltd	0.019	12%	$38,131,293
GNM	Great Northern	0.029	12%	$4,020,356
QEM	QEM Limited	0.21	11%	$27,909,326
FBM	Future Battery	0.115	10%	$44,923,739
VAR	Variscan Mines Ltd	0.014	8%	$4,394,047
HCH	Hot Chili Ltd	1.415	8%	$157,070,446
ADX	ADX Energy Ltd	0.0075	7%	$25,271,497
EM2	Eagle Mountain	0.1225	7%	$35,071,189
MRR	Minrex Resources Ltd	0.017	6%	$17,357,880
GBZ	GBM Rsources Ltd	0.017	6%	$9,855,379
BUR	Burleyminerals	0.18	6%	$16,843,049
WA8	Warriedarresourltd	0.09	6%	$36,639,999
AQI	Alicanto Min Ltd	0.038	6%	$19,452,125
INR	Ioneer Ltd	0.3475	5%	$696,106,221
DEG	De Grey Mining	1.5525	5%	$2,303,291,051
M2R	Miramar	0.042	5%	$3,697,560
ICI	Icandy Interactive	0.043	5%	$55,030,433
REE	Rarex Limited	0.044	5%	$28,088,569
SLZ	Sultan Resources Ltd	0.044	5%	$6,223,982
IG6	Internationalgraphit	0.23	5%	$19,357,384
LEX	Lefroy Exploration	0.24	4%	$36,905,340
IHL	Incannex Healthcare	0.12	4%	$182,506,191
PEX	Peel Mining Limited	0.135	4%	$75,499,823
GT1	Greentechnology	0.685	4%	$140,565,165
BC8	Black Cat Syndicate	0.43	4%	$110,753,728
PGD	Peregrine Gold	0.31	3%	$16,830,783
SUM	Summitminerals	0.165	3%	$3,956,408
AZL	Arizona Lithium Ltd	0.035	3%	$93,890,290
GSM	Golden State Mining	0.035	3%	$6,497,001
LNR	Lanthanein Resources	0.0185	3%	$20,188,360
DCC	Digitalx Limited	0.041	3%	$29,820,762
G88	Golden Mile Res Ltd	0.048	2%	$15,481,307
DTR	Dateline Resources	0.0255	2%	$21,421,785
IPX	Iperionx Limited	1.09	2%	$207,038,551
CHR	Charger Metals	0.325	2%	$19,876,598
OCN	Oceanalithiumlimited	0.325	2%	$12,856,480
VSR	Voltaic Strategic	0.073	1%	$26,600,958
CRD	Conradasiaenergyltd	1.58	1%	$151,054,978
PTX	Prescient Ltd	0.079	1%	$62,811,044
SVM	Sovereign Metals	0.445	1%	$207,185,010
GLN	Galan Lithium Ltd	0.895	1%	$298,170,133
LEL	Lithenergy	0.805	1%	$82,408,000

Cannabis player Melodiol Global Health (ASX:ME1) has reported a material acceleration in group revenues in the June quarter with strong quarterly growth across the company’s two fully-owned subsidiaries.

For the June quarter, ME1 reported preliminary net sales of $4.74 million, up 105% from the previous quarter and 202% higher than the prior year comparative period.

The increase in net sales takes unaudited sales for the first half of CY23 to $7.05 million, which marks a 64% uplift on H1 CY22.

Group revenues in Q2 were boosted by the strong contribution from its subsidiary Health House International (HHI), a medicinal cannabis distributor which ME1 acquired in May.

ME1 said the acquisition and smooth integration of HHI has materially expanded the scale and market penetration of its international operations.

Arrow Minerals (ASX:AMD) has uncovered two high grade (+58% fe) iron ore targets from rock chip sampling at Kalako, part of the flagship Simandou North project in Guinea.

Scout drilling is continuing, with five holes completed at the Dalabatini target zone and 8 holes completed at the Kowouleni target zone to date.

Corazon Mining (ASX:CZN) has intersected a “substantial sulphide body” at the Fraser Lake Complex, part of the flagship Lynn Lake nickel-copper-cobalt sulphide project in Manitoba, Canada.

One of two drill holes into anomaly MTC3 hit 55.4m of complex sulphide mineralisation, including metre scale intervals of massive sulphide, intermixed with semi-massive to disseminated style sulphide mineralisation.

Unlike many of its peers, CZN is urging caution in assuming nickel grades before the assays are released.

Southern Hemisphere Mining (ASX:SUH) has commenced work on the new Lago Lithium Brine concessions. The Lago Lithium Project includes nine concessions covering an area of approximately 27km2, located near two of the largest lithium operators, SQM and Albemarle, in the renowned lithium-rich Atacama region of Chile.

An expert Chilean geological consultant has been engaged and work has already commenced.

And IT stock Cirrus (ASX:CNW) announced a collaboration with NASDAQ-listed NVIDIA “to leverage the power of accelerated computing and artificial intelligence (AI) to drive innovation, improve efficiency, and promote sustainability across the Australian resources sector”.

At Stockhead we tell it like it is. While Melodiol Global Health and Corazon Mining are Stockhead advertisers, they did not sponsor this article.