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Top 10 at 10: These ASX lithium and rare earths stocks look magnificent on Moo-nday
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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 commenced trading.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ODE | Odessa Minerals Ltd | 0.022 | 47% | 3,993,042 | $8,057,266.62 |
| GGX | Gas2Grid Limited | 0.002 | 33% | 251,000 | $6,087,153.12 |
| KOR | Korab Resources | 0.036 | 33% | 2,351,069 | $9,910,350.00 |
| BAT | Battery Minerals Ltd | 0.005 | 25% | 629,951 | $11,700,969.38 |
| KFE | Kogi Iron Ltd | 0.005 | 25% | 44,000 | $6,470,311.02 |
| AJL | AJ Lucas Group | 0.215 | 23% | 2,490,018 | $209,350,161.13 |
| CLE | Cyclone Metals | 0.003 | 20% | 333,333 | $15,291,842.46 |
| INP | Incentiapay Ltd | 0.012 | 20% | 10,647 | $12,650,636.25 |
| OAR | OAR Resources Ltd | 0.006 | 20% | 17,235 | $10,855,189.49 |
| SRK | Strike Resources | 0.11 | 18% | 947,407 | $25,110,000.00 |
Diamond explorer Odessa Minerals (ASX:ODE) is officially diversifying into lithium and rare earths. Two of three Lyndon project tenements in WA – neighbouring Dreadnought Resources’ (ASX:DRE) Mangaroon REE and Ni-Cu Project — have been granted, and exploration is “about to commence”.
Korab Resources (ASX:KOR) says that Exploration Licence EL29550 — which forms part of the Batchelor Project (the Project) located some 70km south of Darwin — has been renewed until 31 July 2024.
“Majority of the Batchelor Project is underlain by the Burrell Creek Formation (part of the Finnis River Group) which hosts lithium mineralisation within nearby tenements owned or operated by Core Lithium (ASX: CXO), Ragusa Minerals (ASX: RAS), and Lithium Plus Minerals (ASX: LPM),” it says.
There could also be rare earths mineralisation present, it says.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| LNU | Linius Tech Limited | 0.004 | -20% | 7,500,713 | $11,569,331.56 |
| RAN | Range International | 0.008 | -20% | 120,374 | $9,392,903.20 |
| SIH | Sihayo Gold Limited | 0.002 | -20% | 259,999 | $15,255,320.23 |
| MAF | MA Financial Group | 4.18 | -18% | 677,786 | $897,438,294.30 |
| GLV | Global Oil & Gas | 0.003 | -14% | 1,058,461 | $6,556,741.48 |
| SBR | Sabre Resources | 0.006 | -14% | 200,000 | $19,528,117.06 |
| ATX | Amplia Therapeutics | 0.1 | -13% | 210,000 | $22,310,636.64 |
| POW | Protean Energy Ltd | 0.007 | -13% | 666 | $5,204,903.70 |
| PIM | Pinnacleminerals | 0.14 | -13% | 6,250 | $3,900,000.00 |
| EQX | Equatorial Res Ltd | 0.18 | -12% | 291,416 | $25,818,797.37 |
