Top 10 at 10: Lithium, rare earths, and more lithium the standouts in early trade Thursday
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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.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
CCE | Carnegie Cln Energy | 0.0015 | 50% | 481,165 | $15,642,574 |
INP | Incentia Pay | 0.01 | 43% | 434,653 | $8,855,445 |
M24 | Mamba Exploration | 0.14 | 33% | 1,265,718 | $6,403,250 |
ADO | Anteotech Ltd | 0.05 | 25% | 1,661,403 | $81,997,541 |
TYM | Tymlez Group | 0.005 | 25% | 1,498,816 | $4,368,781 |
HAL | Halo Technologies | 0.16 | 23% | 13,000 | $16,834,378 |
NAE | New Age Exploration | 0.006 | 20% | 12,642,337 | $7,179,495 |
AOA | Ausmon Resorces | 0.004 | 14% | 500,000 | $3,392,513 |
TAS | Tasman Resources Ltd | 0.008 | 14% | 200,000 | $4,988,685 |
MIL | Millennium Group | 0.33 | 14% | 10,000 | $13,677,345 |
Rare earths drilling at Mamba Exploration’s (ASX:M24) Hyden project has intersected very wide and shallow significant clay hosted TREO mineralisation over 2km by 1km area.
Highlights include 32m @ 1,480 parts per million (ppm) REE from 16m to end of hole, including 12m @ 1,899ppm.
New Age Exploration (ASX:NAE) has identified a bunch of lithium targets for follow-up at its Central Pilbara gold-lithium project in WA.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
SIT | Site Group Int Ltd | 0.003 | -25% | 152,000 | $9,871,648 |
DXN | DXN Limited | 0.002 | -20% | 117,647 | $4,303,287 |
BCA | Black Canyon Limited | 0.205 | -15% | 12,116 | $12,411,794 |
PNT | Panther Metals | 0.066 | -14% | 50,000 | $4,708,550 |
RR1 | Reach Resources Ltd | 0.006 | -14% | 1,213,017 | $19,285,354 |
5EA | 5E Advanced | 0.43 | -14% | 420,536 | $141,834,235 |
TGH | Terragen | 0.025 | -14% | 103,210 | $5,626,558 |
SRZ | Stellar Resources | 0.01 | -13% | 2,235,769 | $11,553,255 |
TKM | Trek Metals Ltd | 0.065 | -13% | 831,628 | $27,113,909 |
LNU | Linius Tech Limited | 0.0035 | -13% | 550,000 | $14,356,099 |
Trek Metals (ASX:TKM) will raise $7.5m at 6c per share, a 18.86% discount to the 15-day volume weighted average price (VWAP).
The cash will underpin a significant ramp-up in exploration over the next six months, with initial drilling program at the Tambourah lithium project set to commence in June 2023, it says.