Top 10 at 10: Hemp tech player and health tech among winners, while a goldie loses lustre

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
TD1	Tali Digital Limited	0.0015	50%	133,152	$3,295,156
XTC	Xantippe Res Ltd	0.0015	50%	1,500,000	$11,480,100
EOF	Ecofibre Limited	0.245	44%	729,645	$59,366,474
MTH	Mithril Resources	0.002	33%	760,786	$5,053,207
AD1	AD1 Holdings Limited	0.009	29%	683,400	$5,757,983
1AG	Alterra Limited	0.011	22%	211,110	$6,268,973
ROO	Roots Sustainable	0.006	20%	125,100	$693,611
SFG	Seafarms Group Ltd	0.006	20%	86,666	$24,182,996
3DP	Pointerra Limited	0.24	17%	3,328,191	$138,950,272
OPN	Oppenneg	0.007	17%	83,000	$6,700,078

TALi Digital (ASX:TD1) is up 50% this morning after publishing a positive Q4-FY23 activities report. The medical device and digital therapeutic tech company is focused on cognitive training for 3-10 year-olds and highlights the following in its report: “ReadyAttentionGo is awarded a Red Dot Design award; the previously announced Strategic review is nearing completion; annualised costs have been reduced by $1.7 million.

Ecofibre (ASX:EOF) has provided an update on a new material customer supply relationship involving sportswear giant Under Armour and Hemp Black, Ecofibre’s speciality manufacturing division.

An MOU has been signed that will see the Ecofibre division supply “specialty yarn for apparel use”.

Recruitment tech company AD1 Holdings (ASX:AD1) has announced this morning that its high-profile customer, the Victorian government, has renewed an existing agreement with the firm, namely, its Managed Service Agreement (MSA) for Careers.

Ag tech firm Roots Sustainable Agricultural Technologies (ASX:ROO) has filed a key patent, submitted to the United States Patent Office, for a machine capable of controlling root zone, irrigation and fertigation temperatures.

Investors are already seeing this as an IP-bolstering win. The patent application is a follow up on the recent design patent granted in the US and incorporates insights from running a number of prototypes at Roots’ experimental farm in Israel.

LOSERS

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

Code	Company	Price	%	Volume	Market Cap
CLE	Cyclone Metals	0.001	-33%	465,000	$15,396,757
CBR	Carbon Revolution	0.17	-28%	1,204,971	$49,855,839
AUK	Aumake Limited	0.004	-20%	199,996	$7,436,297
ICN	Icon Energy Limited	0.004	-20%	60,000	$3,840,068
SLR	Silver Lake Resource	0.895	-20%	12,065,940	$1,036,664,931
MXC	Mgc Pharmaceuticals	0.0025	-17%	2,958,121	$11,677,079
CVV	Caravel Minerals Ltd	0.225	-15%	1,286,068	$126,983,859
W2V	Way2Vatltd	0.012	-14%	1,103,793	$8,790,219
8VI	8Vi Holdings Limited	0.2	-13%	320	$9,639,627
FFF	Forbidden Foods	0.02	-13%	345,068	$3,374,803

Gold miner Silver Lake Resources (ASX:SLR) says production/sales are expected to fall in FY24.

Gold sales in FY24 are expected to be 210,000-230,000oz and 700- 1,000t copper at an AISC range of $1,850-$2,050/oz (from 261,604oz gold, 1,483t copper at AISC of $1,941/oz in FY23).

Advanced copper play Caravel Minerals (ASX:CVV) will raise ~$11.5m at 22c per share – a ~15% discount to the last closing price.