Top 10 at 10: Promising gold finds and a handy cash injection
Pic: Via Getty
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 |
|---|---|---|---|---|---|
| FRS | Forrestaniaresources | 0.031 | 121% | 18,470,876 | $2,265,000 |
| CNJ | Conico Ltd | 0.0015 | 50% | 1,500,000 | $1,805,095 |
| TD1 | Tali Digital Limited | 0.0015 | 50% | 8,882,837 | $3,295,156 |
| WTM | Waratah Minerals Ltd | 0.11 | 47% | 432,785 | $11,202,337 |
| SIX | Sprintex Ltd | 0.022 | 38% | 1,844,559 | $7,625,293 |
| IEC | Intra Energy Corp | 0.002 | 33% | 500,000 | $2,536,172 |
| NES | Nelson Resources. | 0.004 | 33% | 500,000 | $1,840,783 |
| TMR | Tempus Resources Ltd | 0.005 | 25% | 1,374,008 | $2,923,995 |
| CAV | Carnavale Resources | 0.006 | 20% | 200,000 | $17,117,759 |
| CHK | Cohiba Min Ltd | 0.003 | 20% | 407,011 | $8,970,610 |
Forrestania Resources (ASX:FRS) picked up dirt and rocks containing up to 49g/t gold at Ada Ann, part of the Eastern Goldfields project in WA.
Sprintex (ASX:SIX) secured $3.6m — mostly from substantial shareholder China Automotive Holdings — to boost expanded production of the G-series high speed industrial blower range.
And Waratah Minerals (ASX:WTM) made a high grade gold and porphyry discovery at the Spur project, in the Lachlan Fold Belt, of NSW.
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| AXP | AXP Energy Ltd | 0.0015 | -25% | 2,500,246 | $11,649,361 |
|---|---|---|---|---|---|
| RMX | Red Mount Min Ltd | 0.0015 | -25% | 9,000,000 | $5,347,152 |
| ROG | Red Sky Energy. | 0.003 | -25% | 184,973 | $21,688,909 |
| LNU | Linius Tech Limited | 0.002 | -20% | 5,000,000 | $12,991,852 |
| PUR | Pursuit Minerals | 0.004 | -20% | 150,000 | $14,719,857 |
| NVU | Nanoveu Limited | 0.019 | -17% | 25,892 | $10,250,999 |
| VRX | VRX Silica Ltd | 0.075 | -17% | 578,423 | $52,504,069 |
| MOM | Moab Minerals Ltd | 0.005 | -17% | 1,000,000 | $4,271,781 |
| RML | Resolution Minerals | 0.0025 | -17% | 3,407,742 | $4,829,990 |
| 1MC | Morella Corporation | 0.003 | -25% | 328,000 | $24,715,198 |
| AXP | AXP Energy Ltd | 0.0015 | -25% | 2,500,246 | $11,649,361 |
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