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.

 

WINNERS

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

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HITIQ Limited (ASX:HIQ) flew out of the gate after yesterday announcing a big multi-product deal with the Australian Football League (AFL).

The AFL, AFLW, VFL and VFLW will use HITIQ’s head impact and concussion management technologies in the upcoming 2024 season.

Red Metal (ASX:RDM) says the Sybella rare earths discovery in Queensland is a heap leachable source of rare earth oxide (REO) minerals “with the potential for highly competitive capital and operating costs”.

Heap leaching is a low-cost process whereby a mound of ore is irrigated with acid to dissolve the metal, which is collected in a pond or tank.

 

LOSERS

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

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Kula Gold (ASX:KGD) says recent drilling at the Cobra prospect failed to hit economic lithium mineralisation.