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Top 10 at 10: Silver hits and a big lithium rally
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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 |
|---|---|---|---|---|---|
| SIH | Sihayo Gold Limited | 0.0025 | 150% | 6162339 | $12,204,256 |
| CAV | Carnavale Resources | 0.005 | 25% | 1257310 | $13,694,207 |
| HLX | Helix Resources | 0.005 | 25% | 871000 | $9,292,583 |
| YAR | Yari Minerals Ltd | 0.005 | 25% | 997010 | $1,929,431 |
| ICG | Inca Minerals Ltd | 0.006 | 20% | 2267262 | $4,023,694 |
| SIT | Site Group Int Ltd | 0.003 | 20% | 132500 | $6,506,226 |
| OCN | Oceana Lthium | 0.056 | 19% | 234208 | $2,541,596 |
| KNO | Knosys Limited | 0.039 | 18% | 42332 | $7,132,577 |
| ARD | Argent Minerals | 0.02 | 18% | 10685300 | $21,959,903 |
| CNQ | Clean Teq Water | 0.38 | 17% | 8479 | $21,179,818 |
Argent Minerals (ASX:ARD) drills into thick and high grade silver from surface to expand the mineralised footprint at the flagship Kempfield polymetallic deposit in NSW.
Highlights include 88m at 25.23g/t silver from 2m depth.
Oceana Lithium (ASX:OCN) defined a large uranium anomaly, +4.5km long and 700m wide, and the Napperby project in the Northern Territory.
Software stock Knosys (ASX:KNO) reported a profit of $507K in Q3 FY24, and said it was “on track to deliver a strong maiden annual positive EBITDA and positive cashflow in FY24”.
At the larger end …
Lithium stocks are flying in early trade, led by Arcadium (ASX:LTM), Liontown (ASX:LTR), IGO (ASX:IGO), and Pilbara Minerals (ASX:PLS).
Lithium futures are rallying today following China’s publication of its new auto policy aimed at boosting consumption. https://t.co/adNhUDoKJx pic.twitter.com/voHVAVd1SC
— Thematica (@Thematicafunds) April 29, 2024
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| OAR | OAR Resources Ltd | 0.001 | -50% | 2,640,000 | $6,306,622 |
| OVT | Ovanti Limited | 0.024 | -41% | 3,807,158 | $46,568,845 |
| MRQ | MRG Metals Limited | 0.001 | -33% | 91,923 | $3,787,678 |
| LSR | Lodestar Minerals | 0.0015 | -25% | 1,510,000 | $4,046,795 |
| XGL | Xamble Group Limited | 0.04 | -20% | 3,000 | $14,779,241 |
| LPD | Lepidico Ltd | 0.0025 | -17% | 250,000 | $22,914,924 |
| EXR | Elixir Energy Ltd | 0.11 | -15% | 2,237,991 | $147,244,538 |
| AJL | AJ Lucas Group | 0.011 | -15% | 29,007 | $17,884,485 |
| FGH | Foresta Group | 0.011 | -15% | 318,023 | $29,237,703 |
| RGL | Rivers Gold | 0.006 | -14% | 292,469 | $6,773,630 |
