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Top 10 at 10: More Canadian lithium love, while MRQ hits the sand in Mozambique

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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.

 

WINNERS

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

Code Company Price % Volume Market Cap
MRQ Mrg Metals Limited 0.0035 40% 10,589,610 $4,964,797
BFC Beston Global Ltd 0.01 25% 1,250,005 $15,976,375
GCR Golden Cross 0.005 25% 21,724 $4,389,024
BM8 Battery Age Minerals 0.47 19% 501,068 $29,316,174
WYX Western Yilgarn NL 0.195 18% 70,175 $8,193,488
CXU Cauldron Energy Ltd 0.007 17% 1,014,285 $5,589,412
LNU Linius Tech Limited 0.0035 17% 37,750 $11,366,372
C1X Cosmosexploration 0.37 16% 382,970 $14,232,000
MAT Matsa Resources 0.04 14% 100,000 $14,420,258
CMO Cosmometalslimited 0.11 13% 60,000 $3,209,391
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Exploration minnow MRG Metals (ASX:MRQ) is leading the gainers early doors based on the news it’s entered a Memorandum of Understanding (MOU) with Tianjin Lanqi Materials Company Limited (“LANQI”) for a joint venture operation on its Mozambique Corridor Sands projects.

Battery Age Minerals (ASX:BM8), which is focused on the Falcon Lake lithium project in Ontario Canada, has released strong initial assay results confirming “significant shallow mineralisation across the first four holes that have been laboratory tested”.

They’re talking promising widths and grades of spodumene mineralisation with composite highs of 1.44% Li2O over 21.92m in hole 23FL-004 and internal highs of up to 1.89% Li2O in hole 23FL-005.

More lithium. Cosmos Exploration (ASX:C1X) has identified three priority target areas for lithium exploration. And that comes from some remote-sensing and geophysical surveys undertaken on its prospective Lasalle lithium project in the James Bay district in Quebec, Canada.

Cauldron Energy (ASX:CXU) is gaining thanks to “another strong geophysical response”. Essentially the company has been able to clarify a 3km-long magnetic “anomaly” lying right underneath shallow historical air-core drill-holes, which have returned elevated levels of nickel and copper.

 

LOSERS

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

Categories: News

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