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Top 10 at 10: Cash windfalls and lithium discoveries for these ASX winners
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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.
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% | 574,602 | $15,642,574 |
| CLE | Cyclone Metals | 0.003 | 50% | 5,094,790 | $12,353,474 |
| WBE | Whitebark Energy | 0.0015 | 50% | 4,549,999 | $6,464,886 |
| EVR | Ev Resources Ltd | 0.021 | 40% | 9,059,761 | $13,934,761 |
| PRM | Prominence Energy | 0.002 | 33% | 150,000 | $3,636,913 |
| C29 | C29Metalslimited | 0.25 | 28% | 920,651 | $8,066,547 |
| TZN | Terramin Australia | 0.028 | 27% | 418,896 | $46,564,380 |
| FAU | First Au Ltd | 0.005 | 25% | 250,000 | $3,807,973 |
| TRM | Truscott Mining Corp | 0.15 | 20% | 23,042 | $20,894,633 |
| MCT | Metalicity Limited | 0.003 | 20% | 3,000,000 | $8,730,098 |
NY fund Sapphire Global Energy will invest ~$25m in EV Resources (ASX:EVR) to acquire projects and drill its current copper, lithium, and tin-tungsten portfolio.
“This facility enables us to drawdown when necessary, allowing us to better manage our funding needs, reduce dilution and not be at the mercy of the markets,” EVR exec director Navin Sidhu says.
C29 Metals (ASX:C29) has intercepted a +30m brine aquifer zone at 370m in maiden drilling at the Poticos 7 lithium target in Argentina.
Laboratory assay results are expected in 7 to 14 days.
And Metalicity (ASX:MCT) has appointed veteran lawyer Roger Steinepreis a non-exec director.
Mr Steinepreis will invest $500,000 into MCT via a placement at $0.003 per share — a 20% premium to the closing price on 6 February.
Fellow directors Justin Barton and Steven Wood will also invest $20,000 each and convert all accrued Director fees (being $114,247 and $9,090 respectively) on the same terms and conditions.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ALT | Analytica Limited | 0.001 | -50% | 252,657 | $9,227,602 |
| VPR | Volt Power Group | 0.001 | -50% | 1,000,000 | $21,432,416 |
| AXP | AXP Energy Ltd | 0.003 | -25% | 5,145,250 | $23,298,723 |
| TFL | Tasfoods Ltd | 0.024 | -20% | 611,303 | $13,112,865 |
| MTL | Mantle Minerals Ltd | 0.002 | -20% | 23,000 | $13,364,013 |
| CTO | Citigold Corp Ltd | 0.005 | -17% | 8 | $17,001,955 |
| WOO | Wooboard Tech Ltd | 0.005 | -17% | 253,063 | $1,379,729 |
| SNS | Sensen Networks Ltd | 0.053 | -16% | 70,421 | $42,755,752 |
| EMD | Emyria Limited | 0.265 | -15% | 3,030,822 | $90,163,287 |
| NZS | New Zealand Coastal | 0.003 | -14% | 160,017 | $3,944,518 |
