Top 10 at 10: 4m at 23.7g/t gold? That’s high grade

Pic: Via getty

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

It’s 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.

WINNERS

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

Code	Company	Price	%	Volume	Market Cap
MTL	Mantle Minerals Ltd	0.0015	50%	2,182,718	$6,147,446
MXC	Mgc Pharmaceuticals	0.003	50%	30,016	$8,855,936
FG1	Flynngold	0.093	31%	9,453,668	$9,683,164
LNU	Linius Tech Limited	0.003	20%	1,115,961	$10,574,477
TSL	Titanium Sands Ltd	0.006	20%	18,333	$8,859,024
CRB	Carbine Resources	0.007	17%	500,000	$3,310,427
DEV	Devex Resources Ltd	0.39	15%	1,133,823	$126,064,716
SI6	SI6 Metals Limited	0.008	14%	562,500	$13,957,016
AXE	Archer Materials	0.52	14%	674,202	$115,955,391
BMO	Bastion Minerals	0.025	14%	45,000	$3,813,133

Flynn Gold (ASX:FG1) hits 4m at 23.7g/t gold – including 0.5m at 170g/t – from ~20m (that’s high grade!) at the historical Golden Ridge project in Tasmania.

Semiconductor stock Archer (ASX:AXE) says its foundry partner in the Netherlands validated its advanced biochip gFET design by manufacturing the chips using whole four-inch wafer semiconductor fabrication processes.

This is “a critical milestone” in the commercialisation pathway, it says.

LOSERS

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

Code	Company	Price	%	Volume	Market Cap
MTH	Mithril Resources	0.001	-50%	280,000	$6,737,609
MEB	Medibio Limited	0.001	-33%	200,000	$9,151,116
MRD	Mount Ridley Mines	0.002	-20%	305,960	$19,462,207
PNX	PNX Metals Limited	0.002	-20%	199,999	$13,451,562
LNR	Lanthanein Resources	0.009	-18%	22,572,910	$12,337,331
KNB	Koonenberrygold	0.041	-18%	1	$3,787,822
MTC	Metalstech Ltd	0.165	-18%	6,863	$37,720,918
CAV	Carnavale Resources	0.006	-14%	70,000	$23,334,862
CHK	Cohiba Min Ltd	0.003	-14%	500,000	$7,746,355
GCR	Golden Cross	0.003	-14%	1,976	$3,840,396