Top 10 at 10: ASX minnow celebrates oil production milestone, another unveils high grade gold stash

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).

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Labyrinth Resources (ASX:LRL) announced a high grade 95,710oz resource ( open pit and underground) at the Comet Vale project in WA.

The resource, which includes an Indicated component of 42,000oz @ 10g/t gold, is open in all directions “demonstrating substantial growth potential through both the near-mine and regional drilling”.

Jupiter Energy (ASX:JPR) has achieved first export sales from its Kazakh oil project, which is currently producing ~90 tonnes (~675 barrels) per day from five wells.

It is expected that 50% of April production will be sold into the export market and the remaining 50% sold into the domestic market, via Jupiter’s newly formed JV vehicle.

 

LOSERS

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

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