Top 10 at 10: Contract wins and another rare earths discovery
Pic: Via getty
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 |
|---|---|---|---|---|---|
| NCR | Nucoal Resources Ltd | 0.011 | 57% | 488,562 | $5,380,286 |
| SUM | Summitminerals | 0.2 | 54% | 1,745,539 | $3,214,582 |
| MCT | Metalicity Limited | 0.003 | 50% | 998,333 | $7,009,079 |
| SW1 | Swift Networks Group | 0.013 | 30% | 214,285 | $5,927,967 |
| WEC | White Energy Company | 0.185 | 28% | 1,000 | $5,882,547 |
| BNO | Bionomics Limited | 0.034 | 26% | 4,867,027 | $39,655,856 |
| MTH | Mithril Resources | 0.0025 | 25% | 2,803,835 | $6,526,180 |
| PUA | Peak Minerals Ltd | 0.006 | 20% | 20,000 | $5,206,883 |
| SI6 | SI6 Metals Limited | 0.007 | 17% | 1,425,571 | $8,972,368 |
| PGM | Platina Resources | 0.022 | 16% | 14,000 | $11,840,426 |
Explorer Summit Minerals (ASX:SUM) reported strong drilling results at the Stallion clay rare earths project, including a highlight 17m @ 3,783.4 ppm TREO from 61m inc. 1m @ 1.52% (15,200ppm) TREO from 73m.
“It is early days, but the company may have identified a significant ion adsorption deposit,” managing director Jon King says.
“This is a fantastic result for the company in its maiden drilling program since IPO, and we are looking forward to Stage 2 of the drilling campaign.”
Entertainment platform Swift Networks (ASX:SW1) has been awarded project contracts with multiple companies including OTOC, AngloGold Ashanti, Mineral Resources, and Roy Hill worth a cumulative $2.06m.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MGG | Mogul Games Grp Ltd | 0.001 | -33% | 50,000 | $4,895,162 |
| PNX | PNX Metals Limited | 0.002 | -33% | 400,000 | $16,141,874 |
| PRM | Prominence Energy | 0.001 | -33% | 61,111 | $3,636,913 |
| OAU | Ora Gold Limited | 0.003 | -25% | 11,633,493 | $3,936,925 |
| NRX | Noronex Limited | 0.023 | -21% | 2,487,164 | $7,328,053 |
| CHK | Cohiba Min Ltd | 0.004 | -20% | 50,000 | $8,866,221 |
| ROG | Red Sky Energy. | 0.004 | -20% | 400,100 | $26,511,136 |
| TMB | Tambourahmetals | 0.1 | -17% | 70,000 | $4,943,112 |
| SRZ | Stellar Resources | 0.01 | -17% | 344,507 | $12,055,571 |
| TOR | Torque Met | 0.11 | -15% | 200,000 | $8,205,594 |
Related Stories
SUBSCRIBE
Get the latest breaking news and stocks straight to your inbox.
It's free. Unsubscribe whenever you want.
By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.
