Stockhead’s Top 10 at 10, published at ~10.40am 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 made market-moving announcements (click headings to sort).

Wordpress Table Plugin

Base Resources (ASX:BSE) has announced a proposed 100% acquisition by NYSE-listed uranium and critical minerals producer, Energy Fuels, which will acquire 100% of its issued shares BSE with the aim to create a global leader in critical minerals.

Lightning Minerals (ASX:L1M) has inked a binding deal to acquire Bengal Mining Pty Ltd which holds, via its wholly-owned subsidiary Tigre Mineracao Ltda (Tigre), option agreements over two lithium projects, Caraíbas and Sidrônio  in Brazil’s ithium Valley district in the state of Minas Gerais.

Orion Minerals (ASX:ORN) says initial results from diamond drilling at Flat Mine East, part of the Okiep Copper Project in the Northern Cape Province of South Africa, are the highest-grade drill intercept ever recorded in the area and confirm high-grade copper intercepts returned from drilling completed in 1995 by the previous owners, Goldfields. Drill hole OFMED153 returned 49m at 4.89% Cu from 231m down hole, including 10.23m at 12.47% Cu.

Lanthanein Resources (ASX:LNR)  says a new large lithium soil anomaly with a strike of ~4km has been identified in the recently completed soil sampling program at Lady Grey Project including a peak result of 454ppm Li2O, with a total of 527 samples returning ≥150ppm Li2O.



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

Wordpress Table Plugin

DroneShield (ASX:DRO) says it has upsized its fully-underwritten two-tranche placement from $70m to ~$100m following strong support from existing and new domestic and international institutions and sophisticated investors. DRO says it’s also undertaking a share purchase plan to raise $5m, providing “the opportunity for all shareholders to participate in the capital raising”.