Pic: David Trood, DigitalVision/ Via getty Images
Top 10 at 10: These ASX lithium and gold stocks are making hay on Monday
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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 |
|---|---|---|---|---|---|
| MRD | Mount Ridley Mines | 0.003 | 50.00 | 2,193,493 | $15,569,766 |
| WSR | Westar Resources | 0.049 | 44.12 | 8,232,219 | $3,780,603 |
| WIA | WIA Gold Limited | 0.037 | 42.31 | 2,922,922 | $14,880,265 |
| CLE | Cyclone Metals | 0.002 | 33.33 | 8,707,349 | $13,633,872 |
| KEY | KEY Petroleum | 0.002 | 33.33 | 1,250,500 | $2,951,892 |
| RR1 | Reach Resources Ltd | 0.007 | 30.00 | 28,692,231 | $13,775,253 |
| ICG | Inca Minerals Ltd | 0.030 | 20.00 | 25,200 | $12,087,862 |
| MRI | Myrewardsinternation | 0.024 | 20.00 | 2,920 | $4,370,248 |
| RMX | Red Mount Min Ltd | 0.004 | 16.67 | 2,050,461 | $6,815,553 |
| CF1 | Complii Fintech Ltd | 0.043 | 16.22 | 10,000 | $20,331,225 |
Westar Resources (ASX:WSR) hit “multiple thick pegmatites” up to 44m thick in maiden drilling at Olga Rocks lithium-gold project, near Southern Cross in WA.
Assays are expected in 6 weeks.
WIA Gold (ASX:WIA) unveiled a monster 1.4Moz maiden resource for the Kokoseb gold project in Namibia, delivered just 11 months from discovery drill hole.
At US$2/oz per ounce of contained gold, WIA says this is one of the lowest resource discovery costs by industry standards.
Reach Resources (ASX:RR1) is picking up rock chips grading ~ 2.3% lithium at a project next door to Delta Lithium’s (ASX:DLI) red-hot discovery at Yinnetharra in WA.
And Red Mountain Mining (ASX:RMX) secured a drilling permit for the Mustang lithium clay project in Nevada. Phase 1 drilling is set to begin end of May.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.001 | -33.33 | 667,506 | $23,463,861 |
| MTL | Mantle Minerals Ltd | 0.001 | -33.33 | 3,329,666 | $8,018,408 |
| AAU | Antilles Gold Ltd | 0.027 | -22.86 | 356,706 | $20,312,225 |
| AV1 | Adveritas Ltd | 0.048 | -20.00 | 115,240 | $31,037,099 |
| AUH | Austchina Holdings | 0.004 | -20.00 | 111,116 | $10,389,418 |
| SIH | Sihayo Gold Limited | 0.002 | -20.00 | 36,801 | $15,255,320 |
| AVH | Avita Medical | 3.68 | -18.94 | 585,113 | $306,397,086 |
| ZAG | Zuleika Gold Ltd | 0.014 | -17.65 | 86,076 | $8,891,861 |
| NGL | Nightingale Intel | 0.08 | -14.89 | 150,844 | $9,321,688 |
| ADV | Ardiden Ltd | 0.006 | -14.29 | 85,000 | $18,818,347 |
