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Top 10 at 10: Rare earths exploration and a wave of yellowcake stocks
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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 have made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| MCT | Metalicity Limited | 0.003 | 50% | 250,000 | $8,970,108 |
| AUK | Aumake Limited | 0.004 | 33% | 150,000 | $5,743,220 |
| 88E | 88 Energy Ltd | 0.005 | 25% | 2,490,797 | $98,901,682 |
| CCZ | Castillo Copper Ltd | 0.005 | 25% | 2,039,000 | $5,198,021 |
| DOU | Douugh Limited | 0.005 | 25% | 191,679 | $4,328,276 |
| VML | Vital Metals Limited | 0.005 | 25% | 1,313,960 | $23,580,268 |
| TSL | Titanium Sands Ltd | 0.012 | 20% | 200,000 | $19,937,302 |
| WWI | West Wits Mining Ltd | 0.013 | 18% | 1,734,960 | $26,734,308 |
| GMN | Gold Mountain Ltd | 0.0035 | 17% | 2,185,429 | $6,807,236 |
| ID8 | Identitii Limited | 0.015 | 15% | 100,000 | $5,593,094 |
Gold Mountain (ASX:GMN) will kick off rare earths exploration this month at the confusingly named ‘Down Under’ project in Brazil.
The small cap battler with big dreams is looking to replicate the success of neighbour Brazilian Rare Earths (ASX:BRE), which has a resource of 510Mt at 1,513ppm TREO.
Also making strong gains today are the mid tier uranium companies, led by Deep Yellow (ASX:DYL) (14%), Energy Resources of Australia (ASX:ERA) (13%), Boss Energy (ASX:BOE) (7.6%), and Paladin (ASX:PDN) (6.5%).
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| MHC | Manhattan Corp Ltd | 0.003 | -25% | 5,233,943 | $11,747,919 |
| BMH | Baumart Holdings Ltd | 0.08 | -20% | 1,742 | $14,474,476 |
| 1MC | Morella Corporation | 0.004 | -20% | 172 | $30,893,997 |
| HCD | Hydrocarbon Dynamic | 0.004 | -20% | 3,388,400 | $3,848,330 |
| ROG | Red Sky Energy | 0.004 | -20% | 961,743 | $26,511,136 |
| ASR | Asra Minerals Ltd | 0.005 | -17% | 900,000 | $9,818,974 |
| ETR | Entyr Limited | 0.011 | -15% | 261,162 | $25,780,351 |
| HFY | Hubify Ltd | 0.017 | -15% | 58,823 | $9,922,726 |
| ADD | Adavale Resource Ltd | 0.006 | -14% | 1,163,806 | $5,678,205 |
| EWC | Energy World Corpor. | 0.016 | -11% | 691,900 | $55,420,582 |
