Godzilla in a scene from the film 'Godzilla VS. The Smog Monster', 1971. (Photo by Toho/Getty Images)
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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).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CLZ | Classic Min Ltd | 0.002 | 100% | 8,344,850 | $2,437,440 |
| SIH | Sihayo Gold Limited | 0.002 | 100% | 100,000 | $6,102,128 |
| CCE | Carnegie Cln Energy | 0.0015 | 50% | 10,686,311 | $15,642,574 |
| REE | Rarex Limited | 0.064 | 36% | 4,281,204 | $27,231,169 |
| YPB | YPB Group Ltd | 0.004 | 33% | 50,000 | $1,857,747 |
| WC1 | Westcobarmetals | 0.11 | 29% | 344,866 | $7,342,618 |
| CMX | Chemxmaterials | 0.12 | 20% | 93,225 | $5,066,113 |
| KPO | Kalina Power Limited | 0.012 | 20% | 804,190 | $15,151,958 |
| LPD | Lepidico Ltd | 0.012 | 20% | 700,000 | $76,377,717 |
| NZS | New Zealand Coastal | 0.003 | 20% | 1,016,356 | $4,135,025 |
RareX (ASX:REE) boosted its rare earths (REE) resource at Cummins Range by 500% to 397Mt at 0.33% TREO and 4.2% phosphate.
That’s 1.3Mt of contained TREO and 16.7Mt of phosphate, which positions Cummins Range as the second largest undeveloped Australian rare earths project, the company says.
West Cobar Metals (ASX:WC1) hit more high grade clay REEs at the Salazar project, including a highlight 1m at 22,316ppm (2.2%) TREO inside a larger 11m section grading 3,682ppm.
ChemX Materials (ASX:CMX) inked a non-binding deal with US battery maker C4V to progress CMX’ High Purity Manganese (HPM) project and work towards HPM offtake deal.
And fish farmer New Zealand Coastal Seafoods (ASX:NZS) appointed a new MD and chairman to drive growth.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| SCU | Stemcell United Ltd | 0.0055 | -58% | 12,979,438 | $16,916,037 |
| BFC | Beston Global Ltd | 0.013 | -41% | 2,383,083 | $43,935,032 |
| MCT | Metalicity Limited | 0.002 | -33% | 250,000 | $10,513,618 |
| TYM | Tymlez Group | 0.008 | -33% | 3,768,002 | $13,106,344 |
| MRR | Minrex Resources Ltd | 0.016 | -30% | 10,946,773 | $24,951,953 |
| DXN | DXN Limited | 0.003 | -25% | 3,312,500 | $6,885,259 |
| CTO | Citigold Corp Ltd | 0.004 | -20% | 9,246 | $14,168,295 |
| PUR | Pursuit Minerals | 0.016 | -20% | 7,134,614 | $23,745,017 |
| JRV | Jervois Global Ltd | 0.056 | -16% | 23,926,519 | $139,310,485 |
| SIO | Simonds Grp Ltd | 0.09 | -14% | 70,889 | $37,790,177 |
Beston Global Foods (ASX:BFC) downgraded earnings guidance for the current half, blaming unprecedented inflationary cost pressures and insurance.
A rapid decline and significant volatility of whey protein prices – down 25% in the last 30 days — has exacerbated these cost impacts, it says.
Carbon counting stock Tymlez (ASX:TYM) lost its acting CEO Daniel O’Halloran, who resigned effective immediately “to devote more time to his family and personal commitments”.
And explorer Minrex Resources (ASX: MRR) has drilled a few dusters (low, sub-economic grades) at three lithium projects in WA.
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