Pic: Via Getty
Top 10 at 10: ‘Outstanding’ lithium hits and a $30m ADF cash splash
News
share
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 made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| PL3 | Patagonia Lithium | 0.16 | 33% | 754,397 | $5,895,420 |
| PPK | PPK Group Limited | 0.57 | 33% | 418,516 | $38,394,396 |
| BCA | Black Canyon Limited | 0.145 | 32% | 84,495 | $7,715,561 |
| OSL | Oncosil Medical | 0.005 | 25% | 500,000 | $11,906,838 |
| VML | Vital Metals Limited | 0.005 | 25% | 996,775 | $23,580,268 |
| 5GG | Pentanet | 0.057 | 21% | 8,638,359 | $20,359,068 |
| AI1 | Adisyn Ltd | 0.019 | 19% | 26,000 | $2,821,593 |
| HXG | Hexagon Energy | 0.023 | 15% | 469,065 | $10,258,318 |
| A1G | African Gold Ltd. | 0.032 | 14% | 251,573 | $4,915,180 |
| IBG | Ironbark Zinc Ltd | 0.0045 | 13% | 690,545 | $6,375,490 |
Explorer Patagonia Lithium (ASX:PL3) announces “outstanding” assay results from its first drill well at the Formentera brines project in Argentina.
The highlight intercept was 200m at 235ppm from 170m depth, including a 21m chunk grading 591ppm.
“An interval of 200m with lithium values over 235ppm is truly an indication of a world class project,” boss Phil Thomas says.
“Additionally, we have the great brine flow results previously announced.
“Brine flow is as important as lithium assay values and we have achieved evidence of both parts of the equation for a prospective successful project.”
PPK Group (ASX:PPK) subsidiary Craig International Ballistics scores a $30m order for body armour from Aussie Defence Force.
Craig, which has already supplied over 600,000 high quality Queensland-made body armour components for the ADF, will manufacture and deliver a new order of body armour components to help protect troops from moving threats like fragmentation, and low and high velocity rounds.
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| EDE | Eden Inv Ltd | 0.001 | -33% | 200,250 | $5,517,407 |
| CHK | Cohiba Minerals | 0.003 | -25% | 121,592 | $14,352,977 |
| ME1 | Melodiol Global Health | 0.003 | -25% | 45,022,443 | $2,693,949 |
| ACW | Actinogen Medical | 0.03 | -21% | 2,274,000 | $88,422,987 |
| PRX | Prodigy Gold NL | 0.002 | -20% | 200,000 | $5,034,435 |
| CDT | Castle Minerals | 0.005 | -17% | 94,264 | $7,346,958 |
| EXL | Elixinol Wellness | 0.005 | -17% | 16,207 | $7,806,444 |
| LNR | Lanthanein Resources | 0.005 | -17% | 21,853,268 | $11,729,453 |
| SGC | Sacgasco Ltd | 0.005 | -17% | 19,714 | $4,678,122 |
| NME | Nex Metals Explorat | 0.023 | -15% | 50,000 | $9,518,378 |
