Top 10 at 10: Copper finds and impressive March quarter results
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 |
|---|---|---|---|---|---|
| GGX | Gas2Grid Limited | 0.002 | 100% | 72,034 | $4,077,102 |
| GRE | Greentechmetals | 0.099 | 41% | 880,354 | $2,260,300 |
| AVM | Advance Metals Ltd | 0.009 | 29% | 714,000 | $4,074,308 |
| JPR | Jupiter Energy | 0.027 | 29% | 34,000 | $25,826,853 |
| LDX | Lumos Diagnostics | 0.028 | 22% | 630,004 | $6,288,662 |
| SIO | Simonds Grp Ltd | 0.125 | 19% | 10,000 | $37,790,177 |
| BAT | Battery Minerals Ltd | 0.0035 | 17% | 761,812 | $10,070,827 |
| MME | Moneyme Limited | 0.145 | 16% | 143,524 | $35,405,903 |
| ICN | Icon Energy Limited | 0.008 | 14% | 290,400 | $5,376,096 |
| NET | Netlinkz Limited | 0.009 | 13% | 30,000 | $27,946,005 |
Explorer GreenTech Metals (ASX:GRE) pulled up a 19m thick copper-rich zone – with grades up to 5.4% — at the Austin prospect, part of the Whundo project in northern WA.
“The size of the Austin surface FLEM conductive response suggests there is potential for Austin to add significantly to Whundo resources, or even eclipse them,” GRE says.
The combined Whundo–Ayshia resource currently sits at 6.19Mt @ 1.12% Cu, 1.04% Zn following a recent update.
And MoneyMe (ASX:MME) delivered $61m in gross revenue for the March quarter (up 75% on pcp) and is ahead of its target of >$220m for FY23.
That included $7m in statutory net profit after tax (NPAT) for 3Q23.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.001 | -50% | 35,000 | $31,285,147 |
| OML | Ooh!Media Limited | 1.07 | -34% | 3,631,304 | $926,796,372 |
| GLV | Global Oil & Gas | 0.01 | -29% | 66,562 | $4,800,315 |
| ADR | Adherium Ltd | 0.003 | -25% | 150,000 | $19,985,753 |
| AJQ | Armour Energy Ltd | 0.003 | -25% | 2,213,000 | $15,050,431 |
| ARE | Argonaut Resources | 0.0015 | -25% | 552,500 | $12,723,743 |
| 1AD | Adalta Limited | 0.022 | -15% | 80,000 | $8,199,774 |
| WML | Woomera Mining Ltd | 0.011 | -15% | 1,000,000 | $12,430,096 |
| ENT | Enterprise Metals | 0.006 | -14% | 100,000 | $4,935,565 |
| RR1 | Reach Resources Ltd | 0.003 | -14% | 2,305,442 | $9,642,677 |
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