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Top 10 at 10: High grade gold hits and a big psychedelics joint venture

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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
MEB Medibio Limited 0.0015 50% 41,672 $4,150,594
TLM Talisman Mining 0.2 25% 535,401 $30,038,320
PNX PNX Metals Limited 0.003 20% 1,000,655 $13,451,562
RML Resolution Minerals 0.006 20% 381,750 $5,398,731
YPB YPB Group Ltd 0.003 20% 316,666 $1,548,122
LRL Labyrinth Resources 0.014 17% 687,071 $11,513,848
MRD Mount Ridley Mines 0.004 14% 1,267,250 $27,247,090
VIT Vitura Health Ltd 0.42 14% 114,728 $205,916,866
CL8 Carly Holdings Ltd 0.035 13% 70,220 $6,335,482
GTR Gti Energy Ltd 0.009 13% 55,555 $14,837,834
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Explorer Labyrinth Resources (ASX:LRL) has reported numerous high grade gold hits up to 35g/t outside the 96,000oz (4.6g/t ore grade) resource at the 51%-owned Comet Vale project near Kalgoorlie.

Highlights include 5m @ 15g/t Au from 46m, including 2m @ 35.6g/t from 49m.

Psychedelics stock Vitura (ASX:VIT) and Canadian-based PharmAla Biotech (CSE:MDMA) have developed a JV called Cortexa, which aims to become the leading supplier of psychedelics for research and therapeutic use in Australia.

Cortexa will generate revenues from the outset, VIT says, with all sale orders for MDMA and psilocybin by PharmAla for supply into Australia being transferred to Cortexa.

 

LOSERS

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

Code Company Price % Volume Market Cap
FAU First Au Ltd 0.003 -25% 500,000 $4,379,133
CHK Cohiba Min Ltd 0.004 -20% 100,000 $8,866,221
PUA Peak Minerals Ltd 0.004 -20% 9,010 $5,206,883
PNT Panther Metals 0.073 -19% 200,000 $5,503,500
ADS Adslot Ltd. 0.005 -17% 1,550,000 $13,226,090
OMX Orangeminerals 0.043 -14% 23,255 $2,483,369
MKG Mako Gold 0.033 -13% 642,427 $17,922,752
88E 88 Energy Ltd 0.008 -11% 1,220,000 $180,970,814
FFF Forbidden Foods 0.017 -11% 1,961 $2,526,630
RNT Rent.Com.Au Limited 0.027 -10% 720,600 $15,409,626
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