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).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| TKL | Traka Resources | 0.003 | 50% | 418,333 | $1,750,659 |
| MCT | Metalicity Limited | 0.002 | 33% | 5,000,000 | $6,727,581 |
| ME1 | Melodiol Glb Health | 0.002 | 33% | 4,006,458 | $7,093,236 |
| RMX | Red Mount Min Ltd | 0.004 | 33% | 1,500,000 | $8,020,728 |
| AJL | AJ Lucas Group | 0.013 | 30% | 837,152 | $13,757,296 |
| ERL | Empire Resources | 0.005 | 25% | 1,000,000 | $4,451,740 |
| FHS | Freehill Mining Ltd. | 0.005 | 25% | 3,343,147 | $11,399,338 |
| TMX | Terrain Minerals | 0.005 | 25% | 94,208 | $5,413,711 |
| GBZ | GBM Rsources Ltd | 0.011 | 22% | 1,103,000 | $5,582,896 |
| ASP | Aspermont Limited | 0.012 | 20% | 165,500 | $24,387,637 |
Metalicity (ASX:MCT) has executed formal agreements and settled all disputes with Nex Metals regarding the Kookynie and Yundamindra gold joint venture.
MCT will now hold 80% of the JV, up from 51%.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| NGY | Nuenergy Gas Ltd | 0.022 | -29% | 165,077 | $45,909,620 |
| NFL | Norfolkmetalslimited | 0.165 | -28% | 833,372 | $8,124,749 |
| MTO | Motorcycle Hldg | 1.95 | -22% | 643,746 | $185,254,174 |
| SIT | Site Group Int Ltd | 0.002 | -20% | 2,417,000 | $6,506,226 |
| AZL | Arizona Lithium Ltd | 0.033 | -18% | 48,704,547 | $133,780,576 |
| 1MC | Morella Corporation | 0.005 | -17% | 2,453,414 | $37,072,797 |
| SPQ | Superior Resources | 0.011 | -15% | 7,450,709 | $23,849,199 |
| KTA | Krakatoa Resources | 0.035 | -15% | 2,021,114 | $19,356,396 |
| AVE | Avecho Biotech Ltd | 0.003 | -14% | 172,814 | $11,092,540 |
| CCO | The Calmer Co Int | 0.006 | -14% | 922,833 | $5,996,633 |
Maiden drilling at Norfolk Metals’ (ASX:NFL) Orroroo uranium project has not hit the palaeochannel(s) it was aiming for.
“Phase two drilling will continue to test this and the Company has gathered important information for further interpretation upon the completion of the maiden drill program,” it says.
Citing “margin pressures”, MotorCycle Holdings (ASX:MTO) expects to report underlying EBITDA of $14-$16m for the December half, down from $18m in the year-ago period.