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Top 10 at 10: High grade zinc, uranium resources and an accidental rare earths discovery
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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 |
|---|---|---|---|---|---|
| CLE | Cyclone Metals | 0.002 | 33% | 4,130,341 | $13,623,972 |
| POL | Polymetals Resources | 0.43 | 32% | 447,787 | $14,684,375 |
| EEL | Enrg Elements Ltd | 0.02 | 25% | 1,499,002 | $14,867,748 |
| THR | Thor Energy PLC | 0.006 | 20% | 17,204,419 | $7,380,564 |
| ODA | Orcoda Limited | 0.25 | 19% | 60,038 | $35,102,984 |
| ICE | Icetana Limited | 0.054 | 15% | 30,000 | $9,368,436 |
| KP2 | Kore Potash PLC | 0.016 | 14% | 484,804 | $9,314,720 |
| MMM | Marley Spoon Se | 0.165 | 14% | 148,027 | $57,037,161 |
| ICG | Inca Minerals Ltd | 0.017 | 13% | 54,817 | $7,252,717 |
| NTM | Nt Minerals Limited | 0.009 | 13% | 1,333,082 | $6,405,591 |
Aspiring silver-base metals miner Polymetals Resources (ASX:POL) drilled into 71m at 11.02% zinc equivalent at the mothballed Endeavour operation in NSW, bolstering its mine restart strategy.
ENRG Elements (ASX:EEL) has increased resources at the Agadez uranium project in Niger by 100% to 21.5 Mlbs U3O8. A new drilling program is expected to kick off mid year.
Thor Energy (ASX:THR) says it has unearthed an accidental rare earths discovery from a review of 2021 copper and gold drilling at the Alford East project in South Australia.
Highlights include 36.7m @ 1568ppm (0.16%) TREO & 1.2% Cu from 6.3m.
“Importantly, this discovery has significant potential to be a large deposit based on the ~5km lateral extent of the north-south trending, structurally controlled troughs hosting IOCG mineralisation,” the company says.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| NXM | Nexus Minerals Ltd | 0.105 | -38% | 1,428,658 | $55,327,063 |
| AXP | AXP Energy Ltd | 0.002 | -33% | 225,001 | $17,474,042 |
| CAV | Carnavale Resources | 0.002 | -33% | 1,000,000 | $8,200,655 |
| SIT | Site Group Int Ltd | 0.003 | -25% | 316,667 | $5,204,981 |
| BIR | BIR Financial Ltd | 0.04 | -23% | 75 | $14,902,466 |
| NES | Nelson Resources. | 0.004 | -20% | 700,000 | $2,942,972 |
| SIH | Sihayo Gold Limited | 0.002 | -20% | 1,336,665 | $15,255,320 |
| LPD | Lepidico Ltd | 0.009 | -18% | 37,385,173 | $84,015,489 |
| SM1 | Synlait Milk Ltd | 1.62 | -17% | 56,904 | $428,420,056 |
| GTG | Genetic Technologies | 0.003 | -14% | 6,000,000 | $40,395,804 |
