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 commenced trading.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| AQX | Alice Queen Ltd | 0.003 | 50% | 170,000 | $4,400,500 |
| GLV | Global Oil & Gas | 0.003 | 50% | 233,351 | $3,746,709 |
| XTC | Xantippe Res Ltd | 0.0085 | 21% | 4,410,887 | $57,016,609 |
| CAV | Carnavale Resources | 0.006 | 20% | 530,000 | $13,667,759 |
| GBZ | GBM Rsources Ltd | 0.048 | 17% | 1,768,181 | $22,948,269 |
| CRB | Carbine Resources | 0.015 | 15% | 317,388 | $4,098,582 |
| ADY | Admiralty Resources. | 0.008 | 14% | 220,000 | $9,125,054 |
| VKA | Viking Mines Ltd | 0.008 | 14% | 497,506 | $7,176,809 |
| CDD | Cardno Limited | 0.54 | 13% | 2,461 | $18,749,118 |
| A1G | African Gold Ltd. | 0.072 | 13% | 20,000 | $7,642,261 |
Junior explorer GBM Resources (ASX:GBZ) has inked a $25m farm in agreement with gold giant Newcrest (ASX:NCM) over GBZ’s 330,000oz Mount Coolon project in the Drummond Basin of QLD.
NCM can acquire up to 75% of Mount Coolon by spending up to $25m and completing a series of exploration milestones over six years.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| NES | Nelson Resources. | 0.008 | -33% | 6,780,274 | $3,531,566 |
| SIH | Sihayo Gold Limited | 0.0015 | -25% | 1,585,935 | $12,204,256 |
| GLH | Global Health Ltd | 0.215 | -22% | 74,794 | $15,578,686 |
| MTB | Mount Burgess Mining | 0.004 | -20% | 68,000 | $4,295,856 |
| OLY | Olympio Metals Ltd | 0.15 | -17% | 100,030 | $6,852,874 |
| CAD | Caeneus Minerals | 0.003 | -14% | 666,666 | $18,709,618 |
| NZS | New Zealand Coastal | 0.003 | -14% | 153,075 | $3,944,518 |
| AJL | AJ Lucas Group | 0.071 | -13% | 4,105,314 | $112,809,830 |
| BCB | Bowen Coal Limited | 0.325 | -13% | 2,377,300 | $580,321,317 |
| GTG | Genetic Technologies | 0.0035 | -13% | 767,001 | $36,935,861 |
Nelson Resources (ASX:NES) will raise up to $1.47m at 0.5c per share – a big 50% discount to the 5-day volume weight average price.
Coal producer Bowen Coking Coal (ASX:BCB) has raised $85m at 30c per share, a 20% discount to the last trading price.