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
EDE Eden Inv Ltd 0.004 33% 349,989 $8,990,833
MTH Mithril Resources 0.002 33% 500,052 $5,053,207
G1A Galena Mining 0.12 32% 2,019,095 $68,483,751
MEM Memphasys Ltd 0.017 26% 3,601,735 $12,953,525
GES Genesis Resources 0.005 25% 7,500 $3,131,365
LIT Lithium Australia 0.041 24% 8,466,163 $40,299,325
RML Resolution Minerals 0.006 20% 1,012,451 $6,286,459
SGC Sacgasco Ltd 0.006 20% 376,400 $3,867,914
1CG One Click Group Ltd 0.019 19% 2,867,733 $9,838,087
TIG Tigers Realm Coal 0.007 17% 220,801 $78,400,214
Wordpress Table Plugin

Lithium Australia (ASX:LIT) has inked a joint development agreement with big-gun miner Mineral Resources (ASX:MIN), in a deal that’s related to the disruptive lithium extraction technology LieNA.

MinRes has a market cap of  $13.6bn and is operating extensively across WA, mining for lithium. It will solely fund the development and operation of a pilot plant up to the total budgeted cost of $4.5 million and provide raw materials for the pilot plant at no cost to Lithium Australia, with Lithium Australia to contribute its LieNA technology.

A 50:50 joint venture to own and commercialise the LieNA technology through a licensing model is also potentially on the table.

 

Galena Mining’s (ASX:G1A) Abra Base Metals Mine has updated its JORC Code 2012 Mineral Resource Estimate. It’s the first MRE annual update including all underground diamond drilling up to 5 May 2023, and all underground geological mapping, and mining and processing up to 30 June 2023.

The company reports no material difference from the previous MRE (April 2021), supporting Abra’s long-term lead-silver mining plans.

 

Aussie-based reproductive biotechnology company Memphasys (ASX:MEM) has signed an exclusive agreement with Vitrolife Japan KK, a subsidiary of the Vitrolife Group, to sell and distribute the Felix System in Japan.

What’s Felix you ask? It’s MEM’s first commercial product – an automated device with single-use cartridges for preparing sperm for human IVF procedures.

 

Fintech One Click Group (ASX:1CG) has recorded $2 million in revenue in July and has increased its average revenue per user (to $32 from $25). Its user numbers now exceed 100,000 having clocked good growth over the past month.

 

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 -50% 2,161,227 $20,529,010
MXC Mgc Pharmaceuticals 0.002 -33% 624,910 $11,677,079
TD1 Tali Digital Limited 0.001 -33% 1 $4,942,733
ICN Icon Energy Limited 0.003 -25% 500,000 $3,072,055
MCT Metalicity Limited 0.0015 -25% 50 $7,472,172
KFM Kingfisher Mining 0.23 -23% 256,250 $16,114,500
HFY Hubify Ltd 0.024 -20% 20,007 $14,884,089
THR Thor Energy PLC 0.004 -20% 300,000 $7,296,457
AJX Alexium Int Group 0.015 -17% 6,511 $11,725,016
NAE New Age Exploration 0.005 -17% 275,691 $8,615,393
Wordpress Table Plugin

Kingfisher Mining (ASX:KFM) may be down so far today, but it’s announced it’s found extensive pegmatites mapped across its highly prospective Gascoyne Tenure. Initial samples have returned anomalous lithium, highlighting fertility for lithium mineralisation.

 

Read MoreMarkets

Featured Companies

You might be interested in