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 EZZ EZZ Life Science 0.58 43% $17,295,525 STK Strickland Metals 0.043 19% $55,977,915 MOM Moab Minerals Ltd 0.008 14% $4,773,744 VTM Victory Metals Ltd 0.285 14% $13,454,674 VSR Voltaic Strategic 0.028 12% $7,682,505 VAL Valor Resources Ltd 0.005 11% $17,113,657 VAR Variscan Mines Ltd 0.02 11% $5,726,176 BPH BPH Energy Ltd 0.022 10% $17,551,978 UVA Uvrelimited 0.11 10% $3,269,823 CHR Charger Metals 0.455 10% $18,141,463 BSN Basinenergylimited 0.12 9% $6,208,400 KNG Kingsland Minerals 0.18 9% $5,187,574 OMA Omegaoilgaslimited 0.245 9% $34,407,932 MME Moneyme Limited 0.13 8% $33,989,667 NFL Norfolkmetalslimited 0.135 8% $3,790,625 BUR Burleyminerals 0.3 7% $17,196,019 KGD Kula Gold Limited 0.015 7% $5,224,967 DTR Dateline Resources 0.018 6% $10,944,933 DYM Dynamicmetalslimited 0.18 6% $5,950,000 EUR European Lithium Ltd 0.092 6% $129,563,808 PGD Peregrine Gold 0.375 6% $19,916,427 CNJ Conico Ltd 0.0095 6% $14,130,855 OSX Osteopore Limited 0.079 5% $10,817,138 PFE Panteraminerals 0.084 5% $4,120,090 G88 Golden Mile Res Ltd 0.022 5% $5,532,077 ANX Anax Metals Ltd 0.068 5% $26,610,664 FBM Future Battery 0.115 5% $47,062,965 IHL Incannex Healthcare 0.12 4% $182,506,191 EYE Nova EYE Medical Ltd 0.245 4% $39,218,678 MZZ Matador Mining Ltd 0.074 4% $22,380,537 ARD Argent Minerals 0.013 4% $14,706,015 SOR Strategic Elements 0.13 4% $55,866,680 WA8 Warriedarresourltd 0.135 4% $56,037,646 HGO Hillgrove Res Ltd 0.055 4% $80,668,790 ENR Encounter Resources 0.145 4% $49,773,609 HCH Hot Chili Ltd 1.105 3% $127,806,370 OEC Orbital Corp Limited 0.16 3% $18,135,517 GBZ GBM Rsources Ltd 0.034 3% $18,584,299 ASN Anson Resources Ltd 0.175 3% $207,634,210 GLN Galan Lithium Ltd 1.08 3% $322,261,175 T88 Taitonresources 0.21 2% $10,562,532 IPX Iperionx Limited 1.14 2% $192,519,373 ITM Itech Minerals Ltd 0.245 2% $28,064,055 LRS Latin Resources Ltd 0.1275 2% $275,206,865 TTM Titan Minerals 0.063 2% $87,498,938 ELS Elsight Ltd 0.335 2% $49,605,462 CRD Conradasiaenergyltd 1.645 1% $157,348,935 ARU Arafura Rare Earths 0.43 1% $898,052,975 PTX Prescient Ltd 0.093 1% $73,923,351 GT1 Greentechnology 0.605 1% $114,443,036 POD Podium Minerals 0.0755 1% $25,241,919 FHE Frontier Energy Ltd 0.425 1% $106,026,370
Bumping resources out of the top spot today was EZZ Life Science (ASX:EZZ) off the back of its Q3 FY23 report which highlighted cash receipts from customers totalling $11.2 million, a 30% increase from the previous quarter and a 182% increase on the same period last year.
During the quarter, EZZ launched four new core products and two non-core products, including EZZ Children’s Eye Health, EZZ Magnesium Plus, EZZ Sugar Metabolism, EZZ Liver Detox, EZZ Hair Protector, and EZZ Complexion Refresh.
Other financial highlights included operating cash flows increased significantly by 371% from the previous quarter to $2.8m and the company’s cash position remains strong at $12.3 million at the end of Q3, an increase of ~$2.7 million compared to the previous quarter.
Video archive stock Linius Tech’s (ASX:LNU) announced its Whizzard product will be used in the IMG Replay service, “virtualizing the entire IMG Replay archive to make it more searchable and usable.”
IMG Replay customers, who include production companies, advertising agencies, broadcasters, news agencies, and content creators, will use Whizzard to search the vast archive to source specific fixtures, teams, individuals, and events to curate, produce, and licence video content.
“This is a significant validation of the power of our Linius Video Services (LVS) platform and the value unlocked by our Whizzard product for one of the world’s largest sports and media companies,” CEO James Brennan said.
“Whizzard is driving accelerated commercial momentum, with Linius adding four new clients in the last five months, leading to record billings in Q2 FY2023 that is expected to double in Q3.”
Western Mines (ASX:WMG) says drill hole MTD026 at its Mulga Tank nickel project is currently at ~400m depth “with significant examples of disseminated and remobilised nickel sulphides observed in top 250m.”
The top 250m on this hole appears to contain some of the richest shallow sulphide mineralisation seen so far, WMG managing director Dr Caedmon Marriott says.
The shallow mineralised footprint at Mulga Tank is now ~3.2km long, and “multiple deposits may well be expected given the scale of this clearly well mineralised system.”
And Omega Oil & Gas (ASX:OMA) says its Canyon-2 gas exploration well in Queensland’s Bowen Basin has returned better than expected net reservoir pay and porosity.
Earlier exploration at the site confirmed the presence of hydrocarbon shows within the Kianga and upper Back Creek Group Formations, and also returned better than expected interpreted porosities averaging more than 9%.
Porosity, which is the tiny spaces between the grains that make up rocks, is – along with permeability – one of the factors that determine if a discovery can produce gas or oil commercially.
Encouragingly, Canyon-2’s average porosity also exceeds that of BG’s (now Shell) Tasmania-1 discovery well, which flowed gas at a peak rate of 0.2 million cubic feet per gas after it was fracture stimulated and tested.
At Stockhead we tell it like it is. While EZZ Life Science and Omega Oil & Gas are Stockhead advertisers, they did not sponsor this article.