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Top 10 at 10: Spodumene crystals, large gold and rare earth hits win Monday morning

Pic: Daniel Grizelj, Stone/ Via Getty Images

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Stockhead’s Top 10 at 10, published at ~10.30am 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
KGD Kula Gold Limited 0.022 57% 4,255,182 $5,224,967
RBR RBR Group Ltd 0.003 50% 200,000 $3,236,809
WIA WIA Gold Limited 0.04 38% 5,148,324 $16,597,218
RNX Renegade Exploration 0.014 27% 481,043 $10,429,362
EPX Ept Global Limited 0.025 25% 350,000 $8,918,274
EMT Emetals Limited 0.011 22% 5,776,011 $7,650,000
WC1 West Cobar Metals 0.11 22% 270,742 $7,774,537
FIN FIN Resources Ltd 0.018 20% 150,180 $9,278,030
TNY Tinybeans Group Ltd 0.155 19% 28,808 $7,980,109
SAU Southern Gold 0.027 17% 3,626,125 $6,906,561
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Kula Gold (ASX:KGD) is finding evidence of bladed spodumene crystals at surface over a large area at the recently acquired Kirup project, ~20km from the world’s largest hard rock lithium mine Greenbushes in WA.

Drill planning is in progress.

Thick, high grade extensional gold hits — like 15m at 17.13g/t from 292m – are about to make WIA Gold’s (ASX:WIA) 1.3Moz Kokoseb deposit in Namibia even bigger.

West Cobar Metals (ASX:WC1) is reporting “excellent” clay rare earth drill results from the 43.5Mt at 1192ppm Salazar project near Esperance, WA.

A resource update is due in June.

And multiple lithium and REE targets have been identified at FIN Resources (ASX:FIN) Ross project in James Bay, Quebec.

 

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap
AVW Avira Resources Ltd 0.002 -33% 72,000 $6,401,370
MTH Mithril Resources 0.002 -20% 350,000 $8,422,011
SIH Sihayo Gold Limited 0.002 -20% 250,589 $15,255,320
MXC Mgc Pharmaceuticals 0.006 -14% 140,000 $23,447,851
PYR Payright Limited 0.006 -14% 211,941 $6,166,196
GAS State GAS Limited 0.18 -12% 29,066 $46,090,623
EDE Eden Inv Ltd 0.004 -11% 482,143 $13,486,250
EQN Equinox Resources 0.125 -11% 15,000 $6,300,000
AQC Auspaccoal Ltd 0.135 -10% 6,666 $52,096,643
M24 Mamba Exploration 0.09 -10% 109,092 $6,098,334
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