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.



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

Security Description Last % Volume MktCap
PRX Prodigy Gold NL 0.004 33% 602,668 $5,253,323
AXN Alliance Nickel Ltd 0.039 30% 224,255 $21,775,188
IEC Intra Energy Corp 0.0025 25% 1,000,000 $3,321,563
NAE New Age Exploration 0.005 25% 250,000 $7,175,596
AD1 AD1 Holdings Limited 0.006 20% 200,000 $4,493,242
IBG Ironbark Zinc Ltd 0.006 20% 100,000 $7,969,363
VML Vital Metals Limited 0.006 20% 100,000 $29,475,335
YOJ Yojee Limited 0.003 20% 297 $6,363,858
MP1 Megaport Limited 11.65 19% 561,290 $1,556,240,642
LVH Livehire Limited 0.053 18% 876,991 $16,398,634
Wordpress Table Plugin

“Against a backdrop of Australian closures and write downs” Indo-based Nickel Mines (ASX:NIC) has inked a record group EBITDA from operations of US$135.4m.

NIC will also increase its final period dividend to 2.5c (2022: 2c) and embark on an on-market share buyback program of up to US$100M.

“With Australia’s competitiveness in the nickel market on the decline, Indonesia has been a huge winner in terms of downstream investment, jobs and wealth creation,” managing director Justin Werner says.

“In the nickel space, we think of Indonesia as what WA is in iron ore.’’

Internet co Megaport (ASX:MP1) recorded total revenue of $48.6m for the December quarter, up 2.1m (5%) on the prior quarter. It added 39 net new revenue-generating customers over the period.

Recruitment stock LiveHire (ASX:LVH) eked out its first ever profit with $800,000 in net operating cashflow for the December quarter.

It also continued to slash costs, with a reduction from an annualised run rate from ~$22m to ~$13m.



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

Security Description Last % Volume MktCap
OAR OAR Resources Ltd 0.002 -33% 1,020,408 $7,931,183
WEC White Energy Company 0.034 -32% 10,164 $5,661,767
AMT Allegra Medical 0.031 -30% 167,741 $5,262,885
ADD Adavale Resource Ltd 0.006 -25% 3,976,594 $6,489,377
PVW PVW Resources 0.044 -23% 38,242 $5,780,072
BNL Blue Star Helium Ltd 0.018 -22% 6,378,838 $44,672,101
1MC Morella Corporation 0.004 -20% 526,887 $30,893,997
CHK Cohiba Minerals 0.002 -20% 65,217 $6,325,575
M4M Macro Metals Limited 0.002 -20% 812,500 $6,167,694
NES Nelson Resources 0.004 -20% 1,250,000 $3,067,972
Wordpress Table Plugin

Uranium and nickel explorer Adavale Resources (ASX:ADD) will raise $1.5m at 0.7c per share, plus 1:1 attached option exercisable at 3c.

Blue Star Helium (ASX:BNL) has drilled a duster at its Voyager helium development in Las Animas County, Colorado.