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Top 10 at 10: Promising gold finds and a handy cash injection

Pic: Via Getty

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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
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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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