Top 10 at 10: These ASX helium, copper stocks are bouncing high in early trade

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 commenced trading.

WINNERS

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

Blue Star Helium (ASX:BNL) reported a “larger than expected gas column” at the JXSN#3 helium discovery in Colorado.

“Helium prices are at all-time highs with a number of commentators reporting helium sales of up to US$600/mcf and anecdotally helium spot sales at between US$2,000 and US$3,000 per mcf,” the company says.

“Naturally, we are keen to sell helium into this market as soon as possible.”

Satellite/ cellular tech company Beam Communications (ASX:BCC) has inked a new supply deal which will generate at least US$12 million (or more than AU$16 million) in revenue within the first five years.

And Castillo Copper (ASX:CCZ) says since announcing a cobalt resource for the BHA project it has been “approached by several groups interested in becoming potential off-take partners and providing a clear path to market”.

LOSERS

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

At Stockhead we tell it like it is. While Blue Star Helium is a Stockhead advertiser, it did not sponsor this article.