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Top 10 at 10: dusting off The Big One amidst copper’s record-breaking rise
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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 made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| AVW | Avira Resources Ltd | 0.002 | 100% | 1,000,000 | $2,663,790 |
| JTL | Jayex Technology Ltd | 0.002 | 100% | 1,327,978 | $281,279 |
| MRQ | Mrg Metals Limited | 0.002 | 100% | 250,000 | $2,525,119 |
| CCZ | Castillo Copper Ltd | 0.008 | 60% | 5,603,964 | $6,497,527 |
| JAV | Javelin Minerals Ltd | 0.0015 | 50% | 550,894 | $2,176,231 |
| MTL | Mantle Minerals Ltd | 0.003 | 50% | 333,333 | $12,394,892 |
| BFC | Beston Global Ltd | 0.004 | 33% | 750,000 | $5,991,141 |
| IPB | IPB Petroleum Ltd | 0.008 | 33% | 2,068,700 | $3,390,735 |
| LSR | Lodestar Minerals | 0.002 | 33% | 1,352,000 | $3,035,096 |
| PUA | Peak Minerals Ltd | 0.005 | 25% | 765,000 | $4,165,506 |
With copper on a tear “plans are underway” to develop the 21,886 tonne Big One deposit, part of Castillo Copper’s (ASX:CCZ) NWQ project in Queensland.
Once approvals are secured, CCZ’s geology team will also undertake soil and rock chip sampling at an area north of the known orebody where there is a sizeable, untested, bedrock conductor.
“The presence of malachite, azurite, and cuprite on the surface above potential targets, adjacent tenement holdings owned by majors, and the relative proximity to established and historic mine sites underpin the Big One deposit’s exploration potential,” chief geologist Joel Logan says.
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| MRD | Mount Ridley Mines | 0.001 | -50% | 250,000 | $15,569,766 |
| ADG | Adelong Gold Limited | 0.003 | -25% | 300,000 | $4,321,956 |
| AVE | Avecho Biotech Ltd | 0.003 | -25% | 68,000 | $12,677,188 |
| ROG | Red Sky Energy. | 0.003 | -25% | 20,000 | $21,688,909 |
| CRB | Carbine Resources | 0.004 | -20% | 2,292 | $2,758,689 |
| VRC | Volt Resources Ltd | 0.004 | -20% | 135,000 | $20,793,391 |
| PVW | PVW Res Ltd | 0.025 | -17% | 350,000 | $3,042,143 |
| LNR | Lanthanein Resources | 0.005 | -17% | 17,767,659 | $11,729,453 |
| ME1 | Melodiol Glb Health | 0.0025 | -17% | 1,528,849 | $2,140,462 |
| PRX | Prodigy Gold NL | 0.0025 | -17% | 218,999 | $6,041,322 |
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