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.



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

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Golden Deeps (ASX:GED) has stumbled over germanium and gallium at the Nosib vanadium-copper-lead-silver project in Namibia, days after major producer China imposed export restrictions on the critical metals used in computer chips and semi-conductors.

“The market price of germanium is currently ~US$2,450/kg and gallium is ~US$230/kg , compared to vanadium (V2O5) at US$16.60/kg, copper at US$8.25/kg and zinc at US$2.41/kg,” GED says.

“Demand and pricing for germanium and gallium are likely to be enhanced following China’s decision to restrict exports.”

Greentech Metals (ASX:GRE) has picked up more high grade lithium in rock chips – peak grade 1.8% LI2O – at the Ruth Well project, extending the mineralised zone at the Kobe prospect to 7.5km.

Plans for drilling are well advanced, it says.

And clinical stage drug maker AdAlta Limited (ASX:1AD) says new data supports the potential efficacy of its AD-214 treatment in humans with Idiopathic Pulmonary Fibrosis (IPF) and other fibrotic diseases.



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

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Ora Gold (ASX:OAU) is raising $3m at 0.4c per share, a 33% discount the last traded price.

The explorer says there was strong demand for the placement “following recent exceptional exploration results from the Crown Prince Prospect at the Garden Gully Gold Project”.

Copper-gold producer Aeris (ASX:AIS) met revised FY23 guidance at its Tritton and Cracow mines, but production at its North QLD operations and Jaguar in Q4 were “below plan”.

“As a result of the operational factors outlined above for Mt Colin and Jaguar, Aeris is withdrawing its EBITDA guidance for FY23,” the company says.

“Operating and capital costs are expected to be within guidance and the Company will update the market in the June Quarterly Activities Report.”