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 commenced trading.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.002 | 100% | 3,796,901 | $15,102,574 |
| JAV | Javelin Minerals Ltd | 0.0015 | 50% | 500,000 | $9,454,153 |
| OLL | Openlearning | 0.04 | 43% | 1,174,814 | $6,002,763 |
| CAD | Caeneus Minerals | 0.004 | 33% | 250,000 | $16,036,815 |
| GME | GME Resources Ltd | 0.145 | 26% | 370,228 | $69,046,117 |
| IRD | Iron Road Ltd | 0.16 | 23% | 47,199 | $103,981,970 |
| QPM | Queensland Pacific | 0.1825 | 22% | 15,989,794 | $235,756,970 |
| DW8 | DW8 Limited | 0.006 | 20% | 1,333,333 | $13,687,727 |
| RMX | Red Mount Min Ltd | 0.006 | 20% | 210,000 | $8,211,819 |
| SGQ | St George Min Ltd | 0.048 | 20% | 7,693,915 | $28,000,712 |
Javelin Minerals (ASX:JAV) has uncovered 48 priority lithium and rare earths targets at the Mt Ida-Ida Valley project in WA. Drilling will kick off in the first half of 2023, it says.
GME Resources (ASX:GME) will raise $4m via placement to go towards a definitive feasibility study (DFS) on the NiWest nickel-cobalt project in WA.
The Placement follows a non-binding MOU announced Monday with carmaker Stellantis for future offtake of battery grade nickel and cobalt sulphate.
Queensland Pacific Metals (ASX:QPM) inks a long term collab deal with carmaker General Motors, which includes a material $108m investment and long term offtake agreement.
GM can purchase all uncommitted nickel and cobalt sulfate produced in the first 15 years of Phase 1 of the TECH Project, and 100% of production under the Phase 2 expansion.
And explorer St George Mining (ASX:SGQ) has picked up high grade lithium in rock chips, up to 2.7%, at the M Alexander project in WA.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| DAF | Discovery Alaska Ltd | 0.035 | -44% | 1,862,810 | $13,902,551 |
| ANL | Amani Gold Ltd | 0.001 | -33% | 417,000 | $35,540,162 |
| ARE | Argonaut Resources | 0.001 | -33% | 1,266,123 | $8,142,807 |
| WBE | Whitebark Energy | 0.0015 | -25% | 150,000 | $12,929,772 |
| SYN | Synergia Energy Ltd | 0.002 | -20% | 252,819 | $21,044,477 |
| GMN | Gold Mountain Ltd | 0.006 | -14% | 550,000 | $10,382,044 |
| GTG | Genetic Technologies | 0.003 | -14% | 3,200,000 | $32,318,878 |
| ATM | Aneka Tambang | 1.01 | -12% | 165 | $1,499,196 |
| BCA | Black Canyon Limited | 0.22 | -12% | 2,909 | $11,210,619 |
| HZN | Horizon Oil Limited | 0.13 | -11% | 955,330 | $234,604,988 |