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Top 10 at 10: Gold explorer flies on De Grey nearology, VR stock eyes major defence contract

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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
MTL Mantle Minerals Ltd 0.003 50% 300,000 $10,691,210
RXL Rox Resources 0.205 41% 4,460,217 $32,531,368
CCE Carnegie Cln Energy 0.002 33% 3,550,491 $23,463,861
ARE Argonaut Resources 0.0025 25% 1,851,467 $12,723,743
VAR Variscan Mines Ltd 0.018 20% 178,600 $4,000,980
MCT Metalicity Limited 0.003 20% 1,000,000 $8,761,348
MMM Marley Spoon 0.195 18% 502,914 $64,904,355
VR1 Vection Technologies 0.059 18% 2,115,841 $56,329,448
ADN Andromeda Metals Ltd 0.048 17% 7,870,958 $127,510,346
GTG Genetic Technologies 0.0035 17% 2,019,628 $34,624,974
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Mantle Minerals (ASX:MTL) (formerly Caeneus Minerals) has restarted early stage gold exploration at the Mallina project, immediately north of De Grey’s (ASX:DEG) monster 10.6Moz Hemi discovery.

Drilling has pulled up an eyewatering 28m at 34.81g/t gold from 204m outside the current resource at the Rox Resources (ASX:ROX)Venus Metals (ASX:VMC) Youanmi project JV in WA.

Zinc explorer Variscan Mines (ASX:VAR) also reported high grade drilling results outside the main resource at San Jose, including 22m at8.16% zinc and 0.23% lead.

And VR stock Vection (ASX:VR1)has been awarded a major ‘pilot’ order of ~$1 million for a top ten largest defence contractor in the world.

This initial pilot forms part of a larger tender of up to ~$30 million. If the pilot proves successful, the VR1 expects to finalise the subsequent order awards within the next six months, subject to final agreements and negotiations with the end client.

 

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company Price % Volume Market Cap
AQX Alice Queen Ltd 0.001 -33% 5,528,853 $3,795,431
CLT Cellnet Group 0.022 -19% 8,300 $6,577,055
NET Netlinkz Limited 0.011 -15% 1,207,164 $45,394,925
YRL Yandal Resources 0.077 -13% 6,000 $13,886,671
LSR Lodestar Minerals 0.0045 -10% 172,222 $8,692,187
GRE Greentechmetals 0.14 -10% 6,773 $5,004,950
KNB Koonenberrygold 0.075 -10% 5,000 $6,287,785
MPR Mpower Group Limited 0.019 -10% 622,550 $6,167,769
REM Remsensetechnologies 0.095 -10% 134,892 $3,828,465
ETR Entyr Limited 0.02 -9% 107 $33,169,424
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Categories: News

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