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.

 

WINNERS

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

Code Company Price % Volume Market Cap
CRB Carbine Resources 0.006 20% 1,000,000 $2,758,689
IVX Invion Ltd 0.006 20% 500,074 $32,108,161
OAR OAR Resources Ltd 0.003 20% 154,000 $6,609,319
PXX Polarx Limited 0.007 17% 885,855 $9,837,701
M2M Mtmalcolmminesnl 0.03 15% 220,000 $3,050,931
VMS Venture Minerals 0.008 14% 573,687 $15,470,091
EGY Energy Tech Ltd 0.044 13% 20,000 $13,168,733
CLU Cluey Ltd 0.08 13% 8,333 $14,314,563
RKT Rocketdna Ltd. 0.009 13% 286,000 $5,217,808
VMM Viridismining 1.5 12% 136,004 $59,957,115
5EA 5Eadvanced 0.25 11% 651,106 $69,223,538
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One of 2023’s best performing stocks Viridis (ASX:VMM) has started the new year at pace, announcing a “breakthrough discovery” at its Colossus ionic clay rare earths project in Brazil.

First drill results from Capão da Onça are the highest grades reported at Colossus to date, and include 7m @ 8,277ppm, ending in mineralisation, from 1m depth.

Meanwhile, battered boron-lithium stock 5E Advanced Materials (ASX:5EA) has started mining at its Americas Complex with the start-up of the wellfield injection process.

“The 5E team has been resilient through the construction process, navigating several challenges and ultimately bringing our facility on-line,” CEO Susan Brennan says.

“We look forward to 2024 as we continue advancing our vision as we now become the newest domestic producer of boric acid and lithium carbonate.”

 

LOSERS

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

Code Company Price % Volume Market Cap
AUH Austchina Holdings 0.003 -25% 25,000 $8,311,535
AL8 Alderan Resource Ltd 0.005 -17% 1,237,591 $6,641,168
ATH Alterity Therap Ltd 0.006 -14% 2,540,594 $19,616,523
HOR Horseshoe Metals Ltd 0.006 -14% 800,000 $4,525,351
TSL Titanium Sands Ltd 0.012 -14% 35,388 $27,912,223
RCR Rincon 0.027 -13% 971,679 $5,507,549
PL3 Patagonia Lithium 0.11 -12% 1,001 $6,141,063
GML Gateway Mining 0.023 -12% 250,000 $8,850,813
BLZ Blaze Minerals Ltd 0.008 -11% 843,087 $5,657,024
SNS Sensen Networks Ltd 0.029 -11% 725,933 $25,028,989
CIW Clime Investment 0.3 -10% 5,500 $24,223,939
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Investors were unimpressed by the latest set of drill results from Rincon Resources’ (ASX:RCR) South Telfer project in the Paterson Range of WA.

Best results included 2m at 1.19g/t gold from 123m downhole and 8m at 1.08g/t from 288m downhole.