Pic: Via Getty
Top 10 at 10: 63m-thick lithium pegmatite hit = 180% gain
News
share
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 |
|---|---|---|---|---|---|
| FRS | Forrestaniaresources | 0.22 | 189% | 10,653,108 | $6,461,029 |
| LML | Lincoln Minerals | 0.027 | 80% | 6,010,230 | $8,624,755 |
| FAU | First Au Ltd | 0.003 | 50% | 160,016 | $2,903,987 |
| BBX | BBX Minerals Ltd | 0.06 | 28% | 166,538 | $23,889,970 |
| PHL | Propell Holdings Ltd | 0.028 | 27% | 27,071 | $2,647,821 |
| MRD | Mount Ridley Mines | 0.0025 | 25% | 300,000 | $15,569,766 |
| MRQ | Mrg Metals Limited | 0.0025 | 25% | 2,000,000 | $3,971,837 |
| NES | Nelson Resources. | 0.005 | 25% | 6,300 | $2,354,377 |
| CAV | Carnavale Resources | 0.003 | 20% | 684,658 | $6,833,879 |
| ATH | Alterity Therap Ltd | 0.007 | 17% | 381,351 | $14,639,386 |
Forrestania Resources (ASX:FRS) hit potentially lithium-bearing pegmatite in 13 of 14 drill holes at the Calypso prospect, part of the Forrestania project in WA.
The thickest intercept was 63m, the company says. Assays are due in ~6 weeks.
Lincoln Minerals (ASX:LML) is drilling into broad zones of shallow, high grade graphite alongside the existing 1.85Mt @ 9.8% Koppio resource, part of the Kookaburra Gully project in South Australia.
New results include a highlight 29m @ 12.65% TGC (total graphitic carbon) from 60m, including 13m @ 18.24 % TGC from 69m.
And precious metals play BBX Minerals (ASX:BBX) reports “impressive” results from a bioleaching pilot plant test, which could unlock the platinum group metal potential at its Brazil projects.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CLE | Cyclone Metals | 0.001 | -50% | 28,250,250 | $20,529,010 |
| VPR | Volt Power Group | 0.001 | -33% | 25,000,000 | $16,074,312 |
| IMB | Intelligent Monitor | 0.12 | -29% | 105,000 | $31,989,413 |
| AOA | Ausmon Resorces | 0.003 | -25% | 285,714 | $3,877,157 |
| MCT | Metalicity Limited | 0.0015 | -25% | 81,410 | $7,472,172 |
| MTB | Mount Burgess Mining | 0.0015 | -25% | 1,081,833 | $1,766,342 |
| CTO | Citigold Corp Ltd | 0.004 | -20% | 175,948 | $14,368,295 |
| PNX | PNX Metals Limited | 0.002 | -20% | 350,000 | $13,451,562 |
| YPB | YPB Group Ltd | 0.002 | -20% | 4,667 | $1,548,122 |
| KSN | Kingston Resources | 0.084 | -18% | 121,413 | $42,604,500 |
