Pic: Via Getty Images
Top 10 at 10: These ASX rare earths stocks are bouncing in a big way
News
share
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).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| OD6 | Od6Metalsltd | 0.66 | 57% | 3,445,586 | $20,723,008 |
| WBE | Whitebark Energy | 0.0015 | 50% | 1,000,000 | $6,464,886 |
| VMS | Venture Minerals | 0.031 | 41% | 9,636,377 | $36,904,067 |
| LNU | Linius Tech Limited | 0.004 | 33% | 1,000,000 | $7,234,599 |
| DM1 | Desert Metals | 0.39 | 30% | 605,183 | $14,397,545 |
| ABV | Adv Braking Tech Ltd | 0.041 | 28% | 167,351 | $12,132,761 |
| PCL | Pancontinental Energ | 0.005 | 25% | 920,932 | $30,216,891 |
| CPT | Cipherpoint Limited | 0.006 | 20% | 590,000 | $4,145,816 |
| LSR | Lodestar Minerals | 0.006 | 20% | 1,000,000 | $8,692,187 |
| ROG | Red Sky Energy. | 0.006 | 20% | 534,933 | $26,511,136 |
OD6 Metals (ASX:OD6) continues to surge after announcing a new rare earths discovery yesterday. It is up 108% since Thursday morning.
Venture Minerals (ASX:VMS) has picked up a surface sample grading 12.5% rare earths at the Golden Grove North project.
Desert Metals (ASX:DM1) has drilled into significant nickel-PGEs at the Innouendy project, including a highlight intercept of 4m @ 1.19g/t Pt+Pd+Au (PGE3) from 40m.
ADV Braking (ASX:ABV) has entered into an agreement with miner Glencore Australia to develop a heavy vehicle Sealed Integrated Braking System (SIBS) for the Volvo FMX Haul Truck.
If it works Glencore will roll it out across their global fleet.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ARO | Astro Resources NL | 0.003 | -25% | 83,500 | $19,573,068 |
| ARE | Argonaut Resources | 0.0025 | -17% | 4,553,683 | $19,085,614 |
| FHS | Freehill Mining Ltd. | 0.01 | -17% | 550,000 | $22,027,787 |
| JRV | Jervois Global Ltd | 0.42 | -15% | 3,371,425 | $747,766,710 |
| ITM | Itech Minerals Ltd | 0.28 | -14% | 112,599 | $29,520,834 |
| CAD | Caeneus Minerals | 0.0035 | -13% | 50,000 | $21,382,420 |
| ICN | Icon Energy Limited | 0.007 | -13% | 364,953 | $6,144,109 |
| AVE | Avecho Biotech Ltd | 0.008 | -11% | 7,894 | $16,540,824 |
| EPX | Ept Global Limited | 0.036 | -10% | 471,879 | $7,275,272 |
| GMN | Gold Mountain Ltd | 0.009 | -10% | 2,612,890 | $14,831,492 |
