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Resources Top 5: Lightning could strike twice in West Arunta as Encounter drills high grade niobium next door to WA1
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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.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
WA1 | Wa1Resourcesltd | 0.28 | 107% | 224,895 | $3,919,726 |
ARO | Astro Resources NL | 0.004 | 33% | 26,250 | $14,679,801 |
MCT | Metalicity Limited | 0.0045 | 29% | 2,950,267 | $12,222,138 |
FAU | First Au Ltd | 0.005 | 25% | 484,160 | $3,725,644 |
SIH | Sihayo Gold Limited | 0.0025 | 25% | 872,260 | $12,204,256 |
AQX | Alice Queen Ltd | 0.003 | 20% | 682,422 | $5,500,625 |
RCL | Readcloud | 0.165 | 18% | 37,876 | $16,767,089 |
CLE | Cyclone Metals | 0.0035 | 17% | 2,350,000 | $18,350,211 |
ROO | Roots Sustainable | 0.0035 | 17% | 1,000,000 | $2,248,898 |
VAL | Valor Resources Ltd | 0.007 | 17% | 3,003,928 | $22,356,209 |
WA1 Resources (ASX:WA1) says it has discovered a niobium-rare earths mineralised system in maiden drilling at the West Arunta project.
Initial fieldwork at Metalicity’s (ASX:MCT) Mt Surprise lithium project has also identified “abundant” copper at surface.
And new IP anomalies have confirmed additional large-scale porphyry copper potential at Valor Resources’ (ASX:VAL) Picha project in Peru.
Porphyry deposits are multigenerational monsters responsible for ~60 per cent of the world’s copper, most of its molybdenum, and significant amounts of gold and silver.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
ANL | Amani Gold Ltd | 0.001 | -33% | 24,624 | $35,540,162 |
CCE | Carnegie Cln Energy | 0.0015 | -25% | 117,402 | $30,205,147 |
IKW | Ikwezi Mining Ltd | 0.5 | -16% | 31,062 | $24,186,735 |
SPA | Spacetalk Ltd | 0.042 | -14% | 111,337 | $10,670,032 |
CFO | Cfoam Limited | 0.003 | -14% | 1,192,727 | $2,568,442 |
IBG | Ironbark Zinc Ltd | 0.012 | -14% | 4,925,454 | $18,299,434 |
MPL | Medibank Private Ltd | 3.03 | -14% | 15,094,232 | $9,652,781,356 |
WSP | Whispir Limited | 0.675 | -13% | 555,030 | $92,143,758 |
CUL | Cullen Resources | 0.013 | -13% | 205,000 | $6,102,883 |
NAE | New Age Exploration | 0.007 | -13% | 217,250 | $11,487,191 |